hb topco limited
hb topco limited Company Information
Company Number
13276382
Next Accounts
Sep 2025
Shareholders
the fifth alcuin fund limited partnership acting by its general partner alcuin gp v llp
thomas noel barry
View AllGroup Structure
View All
Industry
Non-trading company
Registered Address
2 wellington road, greenfield, oldham, OL3 7AG
Website
-hb topco limited Estimated Valuation
Pomanda estimates the enterprise value of HB TOPCO LIMITED at £34.7m based on a Turnover of £25.3m and 1.37x industry multiple (adjusted for size and gross margin).
hb topco limited Estimated Valuation
Pomanda estimates the enterprise value of HB TOPCO LIMITED at £62m based on an EBITDA of £6.4m and a 9.69x industry multiple (adjusted for size and gross margin).
hb topco limited Estimated Valuation
Pomanda estimates the enterprise value of HB TOPCO LIMITED at £0 based on Net Assets of £-15.5m and 1.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hb Topco Limited Overview
Hb Topco Limited is a live company located in oldham, OL3 7AG with a Companies House number of 13276382. It operates in the non-trading company sector, SIC Code 74990. Founded in March 2021, it's largest shareholder is the fifth alcuin fund limited partnership acting by its general partner alcuin gp v llp with a 79.2% stake. Hb Topco Limited is a startup, large sized company, Pomanda has estimated its turnover at £25.3m with unknown growth in recent years.
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Hb Topco Limited Health Check
Pomanda's financial health check has awarded Hb Topco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £25.3m, make it larger than the average company (£3.8m)
£25.3m - Hb Topco Limited
£3.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hb Topco Limited
- - Industry AVG
Production
with a gross margin of 66%, this company has a lower cost of product (36%)
66% - Hb Topco Limited
36% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (4.9%)
-1.6% - Hb Topco Limited
4.9% - Industry AVG
Employees
with 163 employees, this is above the industry average (41)
163 - Hb Topco Limited
41 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£41.9k)
£47.8k - Hb Topco Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £155.3k, this is equally as efficient (£154.3k)
£155.3k - Hb Topco Limited
£154.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hb Topco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (41 days)
12 days - Hb Topco Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 113 days, this is more than average (47 days)
113 days - Hb Topco Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (34 weeks)
21 weeks - Hb Topco Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.4%, this is a higher level of debt than the average (47.6%)
149.4% - Hb Topco Limited
47.6% - Industry AVG
HB TOPCO LIMITED financials
Hb Topco Limited's latest turnover from December 2023 is £25.3 million and the company has net assets of -£15.5 million. According to their latest financial statements, Hb Topco Limited has 163 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 25,312,105 | 22,641,744 | 11,009,991 |
| Other Income Or Grants | |||
| Cost Of Sales | 8,594,878 | 8,334,845 | 4,504,513 |
| Gross Profit | 16,717,227 | 14,306,899 | 6,505,478 |
| Admin Expenses | 17,119,574 | 16,737,903 | 8,721,046 |
| Operating Profit | -402,347 | -2,431,004 | -2,215,568 |
| Interest Payable | 3,030,735 | 2,892,315 | 2,109,105 |
| Interest Receivable | 96,392 | ||
| Pre-Tax Profit | -3,336,690 | -5,323,319 | -5,145,746 |
| Tax | -906,055 | -665,838 | -212,291 |
| Profit After Tax | -4,242,745 | -5,989,157 | -5,358,037 |
| Dividends Paid | |||
| Retained Profit | -4,242,745 | -5,989,157 | -5,358,037 |
| Employee Costs | 7,791,989 | 7,365,513 | 3,719,665 |
| Number Of Employees | 163 | 158 | 113 |
| EBITDA* | 6,396,457 | 4,368,521 | 2,022,425 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 1,603,458 | 1,628,407 | 1,505,019 |
| Intangible Assets | 19,966,038 | 26,585,265 | 33,206,754 |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 21,569,496 | 28,213,672 | 34,711,773 |
| Stock & work in progress | 2,674,966 | 2,261,410 | 1,443,653 |
| Trade Debtors | 7,815 | 244,269 | |
| Group Debtors | |||
| Misc Debtors | 734,060 | 1,039,674 | 1,021,936 |
| Cash | 6,426,253 | 7,287,248 | 5,871,285 |
| misc current assets | |||
| total current assets | 9,835,279 | 10,596,147 | 8,581,143 |
| total assets | 31,404,775 | 38,809,819 | 43,292,916 |
| Bank overdraft | |||
| Bank loan | 1,200,000 | 1,200,000 | 1,200,000 |
| Trade Creditors | 291,203 | 410,845 | 477,360 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 14,267,364 | 14,932,109 | 13,163,870 |
| total current liabilities | 15,758,567 | 16,542,954 | 14,841,230 |
| loans | 29,488,246 | 31,552,483 | 31,603,509 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 1,679,454 | 1,861,576 | 2,006,214 |
| total long term liabilities | 31,167,700 | 33,414,059 | 33,609,723 |
| total liabilities | 46,926,267 | 49,957,013 | 48,450,953 |
| net assets | -15,521,492 | -11,147,194 | -5,158,037 |
| total shareholders funds | -15,521,492 | -11,147,194 | -5,158,037 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -402,347 | -2,431,004 | -2,215,568 |
| Depreciation | 179,577 | 178,036 | 99,554 |
| Amortisation | 6,619,227 | 6,621,489 | 4,138,439 |
| Tax | -906,055 | -665,838 | -212,291 |
| Stock | 413,556 | 817,757 | 1,443,653 |
| Debtors | -313,429 | -218,716 | 1,266,205 |
| Creditors | -119,642 | -66,515 | 477,360 |
| Accruals and Deferred Income | -664,745 | 1,768,239 | 13,163,870 |
| Deferred Taxes & Provisions | -182,122 | -144,638 | 2,006,214 |
| Cash flow from operations | 4,423,766 | 4,660,728 | 14,747,720 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 1,200,000 | ||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | -2,064,237 | -51,026 | 31,603,509 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -2,934,343 | -2,892,315 | -2,109,105 |
| cash flow from financing | -5,130,133 | -2,943,341 | 30,894,404 |
| cash and cash equivalents | |||
| cash | -860,995 | 1,415,963 | 5,871,285 |
| overdraft | |||
| change in cash | -860,995 | 1,415,963 | 5,871,285 |
hb topco limited Credit Report and Business Information
Hb Topco Limited Competitor Analysis
Perform a competitor analysis for hb topco limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in OL3 area or any other competitors across 12 key performance metrics.
hb topco limited Ownership
HB TOPCO LIMITED group structure
Hb Topco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
HB TOPCO LIMITED
13276382
1 subsidiary
hb topco limited directors
Hb Topco Limited currently has 6 directors. The longest serving directors include Mr Mark Storey (Mar 2021) and Mr Neil Wilson (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Storey | 63 years | Mar 2021 | - | Director | |
| Mr Neil Wilson | 42 years | Mar 2021 | - | Director | |
| Mr Martin Toogood | 78 years | May 2021 | - | Director | |
| Mr Tom Barry | United Kingdom | 63 years | May 2021 | - | Director |
| Mr Neal Bobrick | United Kingdom | 63 years | May 2021 | - | Director |
| Mr Tariq Mahmood | United Kingdom | 52 years | Sep 2022 | - | Director |
P&L
December 2023turnover
25.3m
+12%
operating profit
-402.3k
-83%
gross margin
66.1%
+4.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-15.5m
+0.39%
total assets
31.4m
-0.19%
cash
6.4m
-0.12%
net assets
Total assets minus all liabilities
Similar Companies
hb topco limited company details
company number
13276382
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
CROWE U.K. LLP
address
2 wellington road, greenfield, oldham, OL3 7AG
Bank
-
Legal Advisor
-
hb topco 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 3 charges/mortgages relating to hb topco limited. Currently there are 3 open charges and 0 have been satisfied in the past.
hb topco 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.
Click to start generating capital raising & share issue transactions for HB TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
hb topco limited Companies House Filings - See Documents
| date | description | view/download |
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