thetis bidco limited
thetis bidco limited Company Information
Company Number
13152295
Website
-Registered Address
ropemaker place, 28 ropemaker street, london, EC2Y 9HD
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
thetis parentco limited 100%
thetis bidco limited Estimated Valuation
Pomanda estimates the enterprise value of THETIS BIDCO LIMITED at £0 based on a Turnover of £0 and 1.21x industry multiple (adjusted for size and gross margin).
thetis bidco limited Estimated Valuation
Pomanda estimates the enterprise value of THETIS BIDCO LIMITED at £0 based on an EBITDA of £-808k and a 4.58x industry multiple (adjusted for size and gross margin).
thetis bidco limited Estimated Valuation
Pomanda estimates the enterprise value of THETIS BIDCO LIMITED at £110.1m based on Net Assets of £64.4m and 1.71x industry multiple (adjusted for liquidity).
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Thetis Bidco Limited Overview
Thetis Bidco Limited is a live company located in london, EC2Y 9HD with a Companies House number of 13152295. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2021, it's largest shareholder is thetis parentco limited with a 100% stake. Thetis Bidco Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Thetis Bidco Limited Health Check
Pomanda's financial health check has awarded Thetis Bidco Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Thetis Bidco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Thetis Bidco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Thetis Bidco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Thetis Bidco Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
- - Thetis Bidco Limited
- - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£41.8k)
- - Thetis Bidco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Thetis Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Thetis Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thetis Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
- - Thetis Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79%, this is a higher level of debt than the average (69.2%)
- - Thetis Bidco Limited
- - Industry AVG
THETIS BIDCO LIMITED financials
Thetis Bidco Limited's latest turnover from March 2023 is 0 and the company has net assets of £64.4 million. According to their latest financial statements, Thetis Bidco Limited has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 0 | 0 |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | -808,000 | -674,000 |
| Interest Payable | 16,628,000 | 6,982,000 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -15,766,000 | -7,656,000 |
| Tax | 0 | 0 |
| Profit After Tax | -15,766,000 | -7,656,000 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -15,766,000 | -7,656,000 |
| Employee Costs | 46,000 | 0 |
| Number Of Employees | 1 | |
| EBITDA* | -808,000 | -674,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 287,235,000 | 236,190,000 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 287,235,000 | 236,190,000 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 15,092,000 | 20,143,000 |
| Misc Debtors | 3,574,000 | 134,000 |
| Cash | 4,000 | 3,000 |
| misc current assets | 0 | 0 |
| total current assets | 18,670,000 | 20,280,000 |
| total assets | 305,905,000 | 256,470,000 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 84,000 | 805,000 |
| Group/Directors Accounts | 32,019,000 | 23,105,000 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 3,956,000 | 0 |
| total current liabilities | 36,059,000 | 23,910,000 |
| loans | 205,475,000 | 168,216,000 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 205,475,000 | 168,216,000 |
| total liabilities | 241,534,000 | 192,126,000 |
| net assets | 64,371,000 | 64,344,000 |
| total shareholders funds | 64,371,000 | 64,344,000 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -808,000 | -674,000 |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | 0 | 0 |
| Stock | 0 | 0 |
| Debtors | -1,611,000 | 20,277,000 |
| Creditors | -721,000 | 805,000 |
| Accruals and Deferred Income | 3,956,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 4,038,000 | -20,146,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 51,045,000 | 236,190,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 8,914,000 | 23,105,000 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 37,259,000 | 168,216,000 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -16,628,000 | -6,982,000 |
| cash flow from financing | 45,338,000 | 256,339,000 |
| cash and cash equivalents | ||
| cash | 1,000 | 3,000 |
| overdraft | 0 | 0 |
| change in cash | 1,000 | 3,000 |
thetis bidco limited Credit Report and Business Information
Thetis Bidco Limited Competitor Analysis
Perform a competitor analysis for thetis bidco limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
thetis bidco limited Ownership
THETIS BIDCO LIMITED group structure
Thetis Bidco Limited has 8 subsidiary companies.
Ultimate parent company
MACQUARIE GROUP LTD
#0060893
2 parents
THETIS BIDCO LIMITED
13152295
8 subsidiaries
thetis bidco limited directors
Thetis Bidco Limited currently has 5 directors. The longest serving directors include Mr William Dawson (May 2021) and Mr Stewart Motler (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Dawson | United Kingdom | 61 years | May 2021 | - | Director |
| Mr Stewart Motler | United Kingdom | 47 years | May 2021 | - | Director |
| Mr Philip Grannum | United Kingdom | 55 years | May 2021 | - | Director |
| Mr Stewart Motler | United Kingdom | 47 years | May 2021 | - | Director |
| Mrs Venetia Cooper | 49 years | Feb 2022 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
-808k
+20%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
64.4m
0%
total assets
305.9m
+0.19%
cash
4k
+0.33%
net assets
Total assets minus all liabilities
Similar Companies
thetis bidco limited company details
company number
13152295
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
January 2021
age
3
accounts
Full Accounts
ultimate parent company
previous names
herman bidco limited (May 2021)
incorporated
UK
address
ropemaker place, 28 ropemaker street, london, EC2Y 9HD
last accounts submitted
March 2023
thetis bidco 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 4 charges/mortgages relating to thetis bidco limited. Currently there are 4 open charges and 0 have been satisfied in the past.
thetis bidco limited Companies House Filings - See Documents
| date | description | view/download |
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