sycurio midco 2 limited

sycurio midco 2 limited Company Information

Share SYCURIO MIDCO 2 LIMITED
Live 
Startup

Company Number

13451657

Industry

Activities of financial services holding companies

 

Directors

Kevin Clancy

Denise Parker

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Shareholders

sycurio midco 1 limited

Group Structure

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Contact

Registered Address

pannell house park street, guildford, surrey, GU1 4HN

Website

-

sycurio midco 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SYCURIO MIDCO 2 LIMITED at £0 based on a Turnover of £0 and 1.26x industry multiple (adjusted for size and gross margin).

sycurio midco 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SYCURIO MIDCO 2 LIMITED at £0 based on an EBITDA of £-11.1k and a 4.29x industry multiple (adjusted for size and gross margin).

sycurio midco 2 limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of SYCURIO MIDCO 2 LIMITED at £5.1m based on Net Assets of £2.9m and 1.77x industry multiple (adjusted for liquidity).

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Sycurio Midco 2 Limited Overview

Sycurio Midco 2 Limited is a live company located in surrey, GU1 4HN with a Companies House number of 13451657. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in June 2021, it's largest shareholder is sycurio midco 1 limited with a 100% stake. Sycurio Midco 2 Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Sycurio Midco 2 Limited Health Check

Pomanda's financial health check has awarded Sycurio Midco 2 Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (64)

- - Sycurio Midco 2 Limited

- - Industry AVG

paystructure

Pay Structure

on an average salary of £85.5k, the company has an equivalent pay structure (£85.5k)

- - Sycurio Midco 2 Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sycurio Midco 2 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.4%, this is a higher level of debt than the average (53.5%)

- - Sycurio Midco 2 Limited

- - Industry AVG

SYCURIO MIDCO 2 LIMITED financials

EXPORTms excel logo

Sycurio Midco 2 Limited's latest turnover from December 2023 is 0 and the company has net assets of £2.9 million. According to their latest financial statements, we estimate that Sycurio Midco 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021
Turnover000
Other Income Or Grants000
Cost Of Sales000
Gross Profit000
Admin Expenses11,13031,9500
Operating Profit-11,130-31,9500
Interest Payable8,624,2768,624,2764,542,792
Interest Receivable8,624,2768,624,2764,542,792
Pre-Tax Profit-11,130-31,9500
Tax000
Profit After Tax-11,130-31,9500
Dividends Paid000
Retained Profit-11,130-31,9500
Employee Costs85,51482,75379,004
Number Of Employees111
EBITDA*-11,130-31,9500

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021
Tangible Assets000
Intangible Assets000
Investments & Other2,904,7582,904,7582,904,758
Debtors (Due After 1 year)000
Total Fixed Assets2,904,7582,904,7582,904,758
Stock & work in progress000
Trade Debtors000
Group Debtors108,034,10099,409,82490,785,548
Misc Debtors000
Cash000
misc current assets000
total current assets108,034,10099,409,82490,785,548
total assets110,938,858102,314,58293,690,306
Bank overdraft000
Bank loan000
Trade Creditors 02,1000
Group/Directors Accounts108,067,70099,431,42490,785,548
other short term finances000
hp & lease commitments000
other current liabilities9,4808,2500
total current liabilities108,077,18099,441,77490,785,548
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities108,077,18099,441,77490,785,548
net assets2,861,6782,872,8082,904,758
total shareholders funds2,861,6782,872,8082,904,758
Dec 2023Dec 2022Dec 2021
Operating Activities
Operating Profit-11,130-31,9500
Depreciation000
Amortisation000
Tax000
Stock000
Debtors8,624,2768,624,27690,785,548
Creditors-2,1002,1000
Accruals and Deferred Income1,2308,2500
Deferred Taxes & Provisions000
Cash flow from operations-8,636,276-8,645,876-90,785,548
Investing Activities
capital expenditure000
Change in Investments002,904,758
cash flow from investments00-2,904,758
Financing Activities
Bank loans000
Group/Directors Accounts8,636,2768,645,87690,785,548
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue002,904,758
interest000
cash flow from financing8,636,2768,645,87693,690,306
cash and cash equivalents
cash000
overdraft000
change in cash000

sycurio midco 2 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sycurio Midco 2 Limited Competitor Analysis

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Perform a competitor analysis for sycurio midco 2 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other startup companies, companies in GU1 area or any other competitors across 12 key performance metrics.

sycurio midco 2 limited Ownership

SYCURIO MIDCO 2 LIMITED group structure

Sycurio Midco 2 Limited has 1 subsidiary company.

Ultimate parent company

SYCURIO TOPCO LTD

#0091615

2 parents

SYCURIO MIDCO 2 LIMITED

13451657

1 subsidiary

SYCURIO MIDCO 2 LIMITED Shareholders

sycurio midco 1 limited 100%

sycurio midco 2 limited directors

Sycurio Midco 2 Limited currently has 3 directors. The longest serving directors include Mr Kevin Clancy (May 2022) and Ms Denise Parker (Apr 2024).

officercountryagestartendrole
Mr Kevin ClancyUnited Kingdom61 years May 2022- Director
Ms Denise ParkerEngland55 years Apr 2024- Director
Mr Simon HollingsworthEngland41 years Oct 2024- Director

P&L

December 2023

turnover

0

0%

operating profit

-11.1k

-65%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

2.9m

0%

total assets

110.9m

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

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sycurio midco 2 limited company details

company number

13451657

Type

Private limited with Share Capital

industry

64205 - Activities of financial services holding companies

incorporation date

June 2021

age

3

incorporated

UK

ultimate parent company

SYCURIO TOPCO LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

yale midco 2 limited (January 2024)

accountant

-

auditor

PRICE BAILEY LLP

address

pannell house park street, guildford, surrey, GU1 4HN

Bank

-

Legal Advisor

-

sycurio midco 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 did not find charges/mortgages relating to sycurio midco 2 limited.

sycurio midco 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.

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sycurio midco 2 limited Companies House Filings - See Documents

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