aqueduct newco 2 limited
aqueduct newco 2 limited Company Information
Company Number
13355430
Next Accounts
Sep 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
aqueduct newco 1 limited
Group Structure
View All
Contact
Registered Address
1 kingsway, london, WC2B 6AN
Website
-aqueduct newco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of AQUEDUCT NEWCO 2 LIMITED at £134.5m based on a Turnover of £66.8m and 2.01x industry multiple (adjusted for size and gross margin).
aqueduct newco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of AQUEDUCT NEWCO 2 LIMITED at £0 based on an EBITDA of £-6.9m and a 7.82x industry multiple (adjusted for size and gross margin).
aqueduct newco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of AQUEDUCT NEWCO 2 LIMITED at £1.7b based on Net Assets of £1.3b and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aqueduct Newco 2 Limited Overview
Aqueduct Newco 2 Limited is a live company located in london, WC2B 6AN with a Companies House number of 13355430. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2021, it's largest shareholder is aqueduct newco 1 limited with a 100% stake. Aqueduct Newco 2 Limited is a startup, large sized company, Pomanda has estimated its turnover at £66.8m with unknown growth in recent years.
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Aqueduct Newco 2 Limited Health Check
Pomanda's financial health check has awarded Aqueduct Newco 2 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
2 Weak
Size
annual sales of £66.8m, make it larger than the average company (£19m)
£66.8m - Aqueduct Newco 2 Limited
£19m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Aqueduct Newco 2 Limited
- - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (36.3%)
21.4% - Aqueduct Newco 2 Limited
36.3% - Industry AVG
Profitability
an operating margin of -10.3% make it less profitable than the average company (4.6%)
-10.3% - Aqueduct Newco 2 Limited
4.6% - Industry AVG
Employees
with 167 employees, this is above the industry average (105)
- Aqueduct Newco 2 Limited
105 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Aqueduct Newco 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £400k, this is more efficient (£191.8k)
- Aqueduct Newco 2 Limited
£191.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Aqueduct Newco 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Aqueduct Newco 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aqueduct Newco 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aqueduct Newco 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.3%, this is a lower level of debt than the average (69.5%)
22.3% - Aqueduct Newco 2 Limited
69.5% - Industry AVG
AQUEDUCT NEWCO 2 LIMITED financials
Aqueduct Newco 2 Limited's latest turnover from December 2023 is £66.8 million and the company has net assets of £1.3 billion. According to their latest financial statements, we estimate that Aqueduct Newco 2 Limited has 167 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 66,800,000 | 118,600,000 | 0 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | -6,900,000 | 109,800,000 | -49,400,000 |
| Interest Payable | 31,200,000 | 19,400,000 | 0 |
| Interest Receivable | 76,500,000 | 47,100,000 | 3,500,000 |
| Pre-Tax Profit | 38,400,000 | 137,500,000 | -45,900,000 |
| Tax | -15,800,000 | -7,900,000 | -1,500,000 |
| Profit After Tax | 22,600,000 | 129,600,000 | -47,400,000 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 22,600,000 | 129,600,000 | -47,400,000 |
| Employee Costs | 0 | 0 | 0 |
| Number Of Employees | |||
| EBITDA* | -6,900,000 | 109,800,000 | -49,400,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 362,200,000 | 439,600,000 | 445,200,000 |
| Debtors (Due After 1 year) | 1,296,700,000 | 1,243,500,000 | 1,193,200,000 |
| Total Fixed Assets | 1,658,900,000 | 1,683,100,000 | 1,638,400,000 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 18,500,000 | 18,000,000 | 18,300,000 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 19,700,000 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 18,500,000 | 37,700,000 | 18,300,000 |
| total assets | 1,677,400,000 | 1,720,800,000 | 1,656,700,000 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 219,000,000 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 61,500,000 | 12,200,000 | 10,600,000 |
| other short term finances | 20,200,000 | 201,600,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 15,800,000 | 7,900,000 | 1,500,000 |
| total current liabilities | 97,500,000 | 221,700,000 | 231,100,000 |
| loans | 276,400,000 | 218,200,000 | 274,300,000 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 276,400,000 | 218,200,000 | 274,300,000 |
| total liabilities | 373,900,000 | 439,900,000 | 505,400,000 |
| net assets | 1,303,500,000 | 1,280,900,000 | 1,151,300,000 |
| total shareholders funds | 1,303,500,000 | 1,280,900,000 | 1,151,300,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -6,900,000 | 109,800,000 | -49,400,000 |
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | -15,800,000 | -7,900,000 | -1,500,000 |
| Stock | 0 | 0 | 0 |
| Debtors | 53,700,000 | 50,000,000 | 1,211,500,000 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | 7,900,000 | 6,400,000 | 1,500,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | -68,500,000 | 58,300,000 | -1,260,900,000 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -77,400,000 | -5,600,000 | 445,200,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | -219,000,000 | 219,000,000 |
| Group/Directors Accounts | 49,300,000 | 1,600,000 | 10,600,000 |
| Other Short Term Loans | -181,400,000 | 201,600,000 | 0 |
| Long term loans | 58,200,000 | -56,100,000 | 274,300,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 45,300,000 | 27,700,000 | 3,500,000 |
| cash flow from financing | -28,600,000 | -44,200,000 | 1,706,100,000 |
| cash and cash equivalents | |||
| cash | -19,700,000 | 19,700,000 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | -19,700,000 | 19,700,000 | 0 |
aqueduct newco 2 limited Credit Report and Business Information
Aqueduct Newco 2 Limited Competitor Analysis
Perform a competitor analysis for aqueduct newco 2 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WC2B area or any other competitors across 12 key performance metrics.
aqueduct newco 2 limited Ownership
AQUEDUCT NEWCO 2 LIMITED group structure
Aqueduct Newco 2 Limited has no subsidiary companies.
Ultimate parent company
AQUEDUCT MIDCO LTD
#0152054
2 parents
AQUEDUCT NEWCO 2 LIMITED
13355430
aqueduct newco 2 limited directors
Aqueduct Newco 2 Limited currently has 2 directors. The longest serving directors include Mr James Abbott (Jul 2022) and Mr Jamie Christmas (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Abbott | 45 years | Jul 2022 | - | Director | |
| Mr Jamie Christmas | Scotland | 43 years | Jul 2022 | - | Director |
P&L
December 2023turnover
66.8m
-44%
operating profit
-6.9m
-106%
gross margin
21.4%
+1.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.3b
+0.02%
total assets
1.7b
-0.03%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
aqueduct newco 2 limited company details
company number
13355430
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
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1 kingsway, london, WC2B 6AN
Bank
-
Legal Advisor
-
aqueduct newco 2 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 2 charges/mortgages relating to aqueduct newco 2 limited. Currently there are 1 open charges and 1 have been satisfied in the past.
aqueduct newco 2 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 AQUEDUCT NEWCO 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
aqueduct newco 2 limited Companies House Filings - See Documents
| date | description | view/download |
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