ibis midco limited
ibis midco limited Company Information
Company Number
13273468
Next Accounts
Sep 2025
Shareholders
ibis topco limited
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
investcorp house, 48 grosvenor street, london, W1K 3HW
Website
-ibis midco limited Estimated Valuation
Pomanda estimates the enterprise value of IBIS MIDCO LIMITED at £76m based on a Turnover of £38.2m and 1.99x industry multiple (adjusted for size and gross margin).
ibis midco limited Estimated Valuation
Pomanda estimates the enterprise value of IBIS MIDCO LIMITED at £0 based on an EBITDA of £-34.8m and a 7.37x industry multiple (adjusted for size and gross margin).
ibis midco limited Estimated Valuation
Pomanda estimates the enterprise value of IBIS MIDCO LIMITED at £0 based on Net Assets of £-100.5m and 1.67x industry multiple (adjusted for liquidity).
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Ibis Midco Limited Overview
Ibis Midco Limited is a live company located in london, W1K 3HW with a Companies House number of 13273468. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in March 2021, it's largest shareholder is ibis topco limited with a 100% stake. Ibis Midco Limited is a startup, large sized company, Pomanda has estimated its turnover at £38.2m with unknown growth in recent years.
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Ibis Midco Limited Health Check
Pomanda's financial health check has awarded Ibis Midco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £38.2m, make it larger than the average company (£11.7m)
£38.2m - Ibis Midco Limited
£11.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ibis Midco Limited
- - Industry AVG
Production
with a gross margin of 54.8%, this company has a higher cost of product (78.9%)
54.8% - Ibis Midco Limited
78.9% - Industry AVG
Profitability
an operating margin of -125.1% make it less profitable than the average company (9.5%)
-125.1% - Ibis Midco Limited
9.5% - Industry AVG
Employees
with 523 employees, this is above the industry average (65)
523 - Ibis Midco Limited
65 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has a lower pay structure (£83k)
£45.7k - Ibis Midco Limited
£83k - Industry AVG
Efficiency
resulting in sales per employee of £73k, this is less efficient (£212k)
£73k - Ibis Midco Limited
£212k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (46 days)
53 days - Ibis Midco Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (48 days)
86 days - Ibis Midco Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ibis Midco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - Ibis Midco Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 215.9%, this is a higher level of debt than the average (54.1%)
215.9% - Ibis Midco Limited
54.1% - Industry AVG
IBIS MIDCO LIMITED financials
Ibis Midco Limited's latest turnover from December 2023 is £38.2 million and the company has net assets of -£100.5 million. According to their latest financial statements, Ibis Midco Limited has 523 employees and maintains cash reserves of £822 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 38,178,000 | 41,738,000 | |
| Other Income Or Grants | |||
| Cost Of Sales | 17,270,000 | 18,713,000 | |
| Gross Profit | 20,908,000 | 23,025,000 | |
| Admin Expenses | 68,674,000 | 49,701,000 | |
| Operating Profit | -47,766,000 | -26,676,000 | |
| Interest Payable | 7,111,000 | 4,975,000 | |
| Interest Receivable | |||
| Pre-Tax Profit | -54,877,000 | -31,651,000 | |
| Tax | -351,000 | -404,000 | |
| Profit After Tax | -55,228,000 | -32,055,000 | |
| Dividends Paid | |||
| Retained Profit | -55,228,000 | -32,055,000 | |
| Employee Costs | 23,897,000 | 26,744,000 | |
| Number Of Employees | 523 | 552 | |
| EBITDA* | -34,811,000 | -13,382,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 977,000 | 1,057,000 | |
| Intangible Assets | 72,061,000 | 117,086,000 | |
| Investments & Other | 1,084,000 | 1,549,000 | 13,931,000 |
| Debtors (Due After 1 year) | 1,914,000 | 1,338,000 | |
| Total Fixed Assets | 76,036,000 | 121,030,000 | 13,931,000 |
| Stock & work in progress | |||
| Trade Debtors | 5,647,000 | 5,729,000 | |
| Group Debtors | 203,000 | 334,000 | 100,000,000 |
| Misc Debtors | 3,570,000 | 4,422,000 | |
| Cash | 822,000 | 2,171,000 | |
| misc current assets | 465,000 | 465,000 | |
| total current assets | 10,707,000 | 13,121,000 | 100,000,000 |
| total assets | 86,743,000 | 134,151,000 | 113,931,000 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 4,110,000 | 3,368,000 | |
| Group/Directors Accounts | 102,558,000 | 100,000,000 | 100,000,000 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 14,341,000 | 11,726,000 | |
| total current liabilities | 121,009,000 | 115,094,000 | 100,000,000 |
| loans | 58,172,000 | 58,422,000 | |
| hp & lease commitments | |||
| Accruals and Deferred Income | 289,000 | ||
| other liabilities | 5,478,000 | 4,396,000 | |
| provisions | 2,574,000 | 2,411,000 | |
| total long term liabilities | 66,224,000 | 65,518,000 | |
| total liabilities | 187,233,000 | 180,612,000 | 100,000,000 |
| net assets | -100,490,000 | -46,461,000 | 13,931,000 |
| total shareholders funds | -100,490,000 | -46,461,000 | 13,931,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -47,766,000 | -26,676,000 | |
| Depreciation | 378,000 | 506,000 | |
| Amortisation | 12,577,000 | 12,788,000 | |
| Tax | -351,000 | -404,000 | |
| Stock | |||
| Debtors | -489,000 | -88,177,000 | 100,000,000 |
| Creditors | 742,000 | 3,368,000 | |
| Accruals and Deferred Income | 2,326,000 | 12,015,000 | |
| Deferred Taxes & Provisions | 163,000 | 2,411,000 | |
| Cash flow from operations | -31,442,000 | 92,185,000 | -100,000,000 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -465,000 | -12,382,000 | 13,931,000 |
| cash flow from investments | 465,000 | 12,382,000 | |
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 2,558,000 | 100,000,000 | |
| Other Short Term Loans | |||
| Long term loans | -250,000 | 58,422,000 | |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 1,082,000 | 4,396,000 | |
| share issue | |||
| interest | -7,111,000 | -4,975,000 | |
| cash flow from financing | -2,522,000 | 29,506,000 | 113,931,000 |
| cash and cash equivalents | |||
| cash | -1,349,000 | 2,171,000 | |
| overdraft | |||
| change in cash | -1,349,000 | 2,171,000 |
ibis midco limited Credit Report and Business Information
Ibis Midco Limited Competitor Analysis
Perform a competitor analysis for ibis midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W1K area or any other competitors across 12 key performance metrics.
ibis midco limited Ownership
IBIS MIDCO LIMITED group structure
Ibis Midco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
IBIS MIDCO LIMITED
13273468
1 subsidiary
ibis midco limited directors
Ibis Midco Limited currently has 5 directors. The longest serving directors include Yanlin Li (Mar 2021) and Mr Jose Pfeifer (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Yanlin Li | England | 41 years | Mar 2021 | - | Director |
| Mr Jose Pfeifer | United Kingdom | 45 years | Mar 2021 | - | Director |
| Ms Andrea Davis | United Kingdom | 60 years | Apr 2021 | - | Director |
| Mr Nigel Morris | United Kingdom | 67 years | Feb 2025 | - | Director |
| Mr Scott Paterson | United Kingdom | 43 years | Feb 2025 | - | Director |
P&L
December 2023turnover
38.2m
-9%
operating profit
-47.8m
+79%
gross margin
54.8%
-0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-100.5m
+1.16%
total assets
86.7m
-0.35%
cash
822k
-0.62%
net assets
Total assets minus all liabilities
Similar Companies
ibis midco limited company details
company number
13273468
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
investcorp house, 48 grosvenor street, london, W1K 3HW
Bank
HSBC BANK PLC
Legal Advisor
-
ibis midco 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 ibis midco limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ibis midco 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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ibis midco limited Companies House Filings - See Documents
| date | description | view/download |
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