atlas2 holding limited
atlas2 holding limited Company Information
Company Number
13089828
Next Accounts
Sep 2025
Shareholders
titan investment atlas limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
8th floor, south block, 55 baker street, london, W1U 8EW
Website
-atlas2 holding limited Estimated Valuation
Pomanda estimates the enterprise value of ATLAS2 HOLDING LIMITED at £101.1m based on a Turnover of £36.8m and 2.75x industry multiple (adjusted for size and gross margin).
atlas2 holding limited Estimated Valuation
Pomanda estimates the enterprise value of ATLAS2 HOLDING LIMITED at £50.8m based on an EBITDA of £4.4m and a 11.48x industry multiple (adjusted for size and gross margin).
atlas2 holding limited Estimated Valuation
Pomanda estimates the enterprise value of ATLAS2 HOLDING LIMITED at £28.1m based on Net Assets of £21.5m and 1.31x industry multiple (adjusted for liquidity).
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Atlas2 Holding Limited Overview
Atlas2 Holding Limited is a live company located in london, W1U 8EW with a Companies House number of 13089828. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2020, it's largest shareholder is titan investment atlas limited with a 100% stake. Atlas2 Holding Limited is a young, large sized company, Pomanda has estimated its turnover at £36.8m with unknown growth in recent years.
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Atlas2 Holding Limited Health Check
Pomanda's financial health check has awarded Atlas2 Holding Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £36.8m, make it larger than the average company (£18.9m)
£36.8m - Atlas2 Holding Limited
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Atlas2 Holding Limited
- - Industry AVG
Production
with a gross margin of 58.7%, this company has a lower cost of product (36.3%)
58.7% - Atlas2 Holding Limited
36.3% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (4.5%)
-0.5% - Atlas2 Holding Limited
4.5% - Industry AVG
Employees
with 334 employees, this is above the industry average (104)
334 - Atlas2 Holding Limited
104 - Industry AVG
Pay Structure
on an average salary of £18.5k, the company has a lower pay structure (£44.7k)
£18.5k - Atlas2 Holding Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £110.2k, this is less efficient (£191k)
£110.2k - Atlas2 Holding Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (45 days)
4 days - Atlas2 Holding Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (44 days)
30 days - Atlas2 Holding Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (40 days)
2 days - Atlas2 Holding Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Atlas2 Holding Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.7%, this is a higher level of debt than the average (69.7%)
90.7% - Atlas2 Holding Limited
69.7% - Industry AVG
ATLAS2 HOLDING LIMITED financials
Atlas2 Holding Limited's latest turnover from December 2023 is £36.8 million and the company has net assets of £21.5 million. According to their latest financial statements, Atlas2 Holding Limited has 334 employees and maintains cash reserves of £20 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 36,822,000 | 28,471,000 | 4,859,839 |
| Other Income Or Grants | |||
| Cost Of Sales | 15,212,000 | 11,852,000 | 2,012,127 |
| Gross Profit | 21,610,000 | 16,619,000 | 2,847,712 |
| Admin Expenses | 21,807,000 | 11,398,000 | 2,870,868 |
| Operating Profit | -197,000 | 5,221,000 | -23,156 |
| Interest Payable | 4,119,000 | 2,203,000 | 402,967 |
| Interest Receivable | 1,000 | 2,541 | |
| Pre-Tax Profit | -4,316,000 | 3,019,000 | -423,582 |
| Tax | 1,866,000 | -896,000 | -243,402 |
| Profit After Tax | -2,450,000 | 2,123,000 | -666,984 |
| Dividends Paid | |||
| Retained Profit | -2,450,000 | 2,123,000 | -666,984 |
| Employee Costs | 6,169,000 | 4,855,000 | 589,235 |
| Number Of Employees | 334 | 270 | 2 |
| EBITDA* | 4,430,000 | 9,155,000 | 728,985 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 147,077,000 | 128,254,000 | 54,276,999 |
| Intangible Assets | 6,036,000 | 6,785,000 | |
| Investments & Other | |||
| Debtors (Due After 1 year) | 117,000 | ||
| Total Fixed Assets | 153,230,000 | 135,039,000 | 54,276,999 |
| Stock & work in progress | 104,000 | 87,000 | 30,973 |
| Trade Debtors | 427,000 | 852,000 | 170,462 |
| Group Debtors | 53,657,000 | 250,000 | 71,823 |
| Misc Debtors | 3,841,000 | 2,017,000 | 2,616,749 |
| Cash | 20,043,000 | 14,515,000 | 2,928,470 |
| misc current assets | |||
| total current assets | 78,072,000 | 17,721,000 | 5,818,477 |
| total assets | 231,302,000 | 152,760,000 | 60,095,476 |
| Bank overdraft | 18,000 | 7 | |
| Bank loan | 1,851,000 | 31,668,000 | 225,198 |
| Trade Creditors | 1,274,000 | 1,338,000 | 537,789 |
| Group/Directors Accounts | 128,000,000 | 86,907,000 | 27,675,749 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 5,612,000 | 4,946,000 | 1,446,136 |
| total current liabilities | 136,737,000 | 124,877,000 | 29,884,879 |
| loans | 61,546,000 | 19,379,000 | 30,723,118 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 11,504,000 | 7,136,000 | 243,402 |
| total long term liabilities | 73,050,000 | 26,515,000 | 30,966,520 |
| total liabilities | 209,787,000 | 151,392,000 | 60,851,399 |
| net assets | 21,515,000 | 1,368,000 | -755,923 |
| total shareholders funds | 21,515,000 | 1,368,000 | -755,923 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -197,000 | 5,221,000 | -23,156 |
| Depreciation | 3,878,000 | 3,296,000 | 752,141 |
| Amortisation | 749,000 | 638,000 | |
| Tax | 1,866,000 | -896,000 | -243,402 |
| Stock | 17,000 | 56,027 | 30,973 |
| Debtors | 54,923,000 | 259,966 | 2,859,034 |
| Creditors | -64,000 | 800,211 | 537,789 |
| Accruals and Deferred Income | 666,000 | 3,499,864 | 1,446,136 |
| Deferred Taxes & Provisions | 4,368,000 | 6,892,598 | 243,402 |
| Cash flow from operations | -43,674,000 | 19,135,680 | -177,097 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | -29,817,000 | 31,442,802 | 225,198 |
| Group/Directors Accounts | 41,093,000 | 59,231,251 | 27,675,749 |
| Other Short Term Loans | |||
| Long term loans | 42,167,000 | -11,344,118 | 30,723,118 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -4,119,000 | -2,202,000 | -400,426 |
| cash flow from financing | 71,921,000 | 77,128,858 | 58,134,700 |
| cash and cash equivalents | |||
| cash | 5,528,000 | 11,586,530 | 2,928,470 |
| overdraft | -18,000 | 17,993 | 7 |
| change in cash | 5,546,000 | 11,568,537 | 2,928,463 |
atlas2 holding limited Credit Report and Business Information
Atlas2 Holding Limited Competitor Analysis
Perform a competitor analysis for atlas2 holding limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W1U area or any other competitors across 12 key performance metrics.
atlas2 holding limited Ownership
ATLAS2 HOLDING LIMITED group structure
Atlas2 Holding Limited has 2 subsidiary companies.
Ultimate parent company
TITAN INVESTMENT LTD
#0130770
TITAN INVESTMENT ATLAS LTD
#0130769
2 parents
ATLAS2 HOLDING LIMITED
13089828
2 subsidiaries
atlas2 holding limited directors
Atlas2 Holding Limited currently has 2 directors. The longest serving directors include Mr Desmond Taljaard (Dec 2020) and Mr Ian Livingstone (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Desmond Taljaard | England | 64 years | Dec 2020 | - | Director |
| Mr Ian Livingstone | United Kingdom | 62 years | Dec 2020 | - | Director |
P&L
December 2023turnover
36.8m
+29%
operating profit
-197k
-104%
gross margin
58.7%
+0.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
21.5m
+14.73%
total assets
231.3m
+0.51%
cash
20m
+0.38%
net assets
Total assets minus all liabilities
Similar Companies
atlas2 holding limited company details
company number
13089828
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
8th floor, south block, 55 baker street, london, W1U 8EW
Bank
-
Legal Advisor
-
atlas2 holding limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to atlas2 holding limited. Currently there are 1 open charges and 0 have been satisfied in the past.
atlas2 holding limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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atlas2 holding limited Companies House Filings - See Documents
| date | description | view/download |
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