marlin holdco limited Company Information
Company Number
13467530
Website
-Registered Address
16-19 canada square, london, E14 5ER
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
marlin topco limited 89.7%
grm2786 limited 8.5%
View Allmarlin holdco limited Estimated Valuation
Pomanda estimates the enterprise value of MARLIN HOLDCO LIMITED at £308.8m based on a Turnover of £69.3m and 4.46x industry multiple (adjusted for size and gross margin).
marlin holdco limited Estimated Valuation
Pomanda estimates the enterprise value of MARLIN HOLDCO LIMITED at £239.5m based on an EBITDA of £14m and a 17.06x industry multiple (adjusted for size and gross margin).
marlin holdco limited Estimated Valuation
Pomanda estimates the enterprise value of MARLIN HOLDCO LIMITED at £0 based on Net Assets of £-61.7m and 1.86x industry multiple (adjusted for liquidity).
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Marlin Holdco Limited Overview
Marlin Holdco Limited is a live company located in london, E14 5ER with a Companies House number of 13467530. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in June 2021, it's largest shareholder is marlin topco limited with a 89.7% stake. Marlin Holdco Limited is a startup, large sized company, Pomanda has estimated its turnover at £69.3m with unknown growth in recent years.
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Marlin Holdco Limited Health Check
Pomanda's financial health check has awarded Marlin Holdco Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £69.3m, make it larger than the average company (£19.3m)
£69.3m - Marlin Holdco Limited
£19.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Marlin Holdco Limited
- - Industry AVG
Production
with a gross margin of 84.7%, this company has a lower cost of product (36.2%)
84.7% - Marlin Holdco Limited
36.2% - Industry AVG
Profitability
an operating margin of -8.3% make it less profitable than the average company (4.6%)
-8.3% - Marlin Holdco Limited
4.6% - Industry AVG
Employees
with 764 employees, this is above the industry average (107)
764 - Marlin Holdco Limited
107 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has a lower pay structure (£44.9k)
£32.9k - Marlin Holdco Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £90.7k, this is less efficient (£193.3k)
£90.7k - Marlin Holdco Limited
£193.3k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (45 days)
5 days - Marlin Holdco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (44 days)
131 days - Marlin Holdco Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is less than average (40 days)
25 days - Marlin Holdco Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (14 weeks)
23 weeks - Marlin Holdco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.5%, this is a higher level of debt than the average (69.5%)
137.5% - Marlin Holdco Limited
69.5% - Industry AVG
MARLIN HOLDCO LIMITED financials
Marlin Holdco Limited's latest turnover from December 2023 is £69.3 million and the company has net assets of -£61.7 million. According to their latest financial statements, Marlin Holdco Limited has 764 employees and maintains cash reserves of £7.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | |
---|---|---|---|
Turnover | 69,312,930 | 51,424,485 | 18,597,874 |
Other Income Or Grants | 0 | 0 | 0 |
Cost Of Sales | 10,623,393 | 9,093,793 | 3,458,578 |
Gross Profit | 58,689,537 | 42,330,692 | 15,139,296 |
Admin Expenses | 64,412,906 | 54,586,844 | 21,972,939 |
Operating Profit | -5,723,369 | -12,256,152 | -6,833,643 |
Interest Payable | 19,524,363 | 14,467,962 | 6,146,317 |
Interest Receivable | 132,710 | 26,291 | 315 |
Pre-Tax Profit | -25,115,022 | -26,697,823 | -12,979,645 |
Tax | 1,339,443 | -158,732 | 640,563 |
Profit After Tax | -23,775,579 | -26,856,555 | -12,339,082 |
Dividends Paid | 0 | 0 | 0 |
Retained Profit | -23,775,579 | -26,856,555 | -12,339,082 |
Employee Costs | 25,130,435 | 19,251,745 | 6,910,784 |
Number Of Employees | 764 | 621 | 429 |
EBITDA* | 14,034,045 | 6,277,704 | 2,246,270 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | |
---|---|---|---|
Tangible Assets | 46,979,267 | 32,432,575 | 25,359,769 |
Intangible Assets | 100,731,768 | 113,607,266 | 126,992,661 |
Investments & Other | 0 | 0 | 0 |
Debtors (Due After 1 year) | 4,352,467 | 3,013,024 | 3,510,525 |
Total Fixed Assets | 152,063,502 | 149,052,865 | 155,862,955 |
Stock & work in progress | 741,181 | 544,964 | 457,444 |
Trade Debtors | 1,091,473 | 1,412,104 | 1,363,915 |
Group Debtors | 0 | 0 | 0 |
Misc Debtors | 3,271,143 | 3,775,632 | 1,939,125 |
Cash | 7,247,582 | 5,729,824 | 7,128,944 |
misc current assets | 0 | 0 | 0 |
total current assets | 12,351,379 | 11,462,524 | 10,889,428 |
total assets | 164,414,881 | 160,515,389 | 166,752,383 |
Bank overdraft | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 |
Trade Creditors | 3,834,939 | 2,595,267 | 4,601,163 |
Group/Directors Accounts | 0 | 0 | 0 |
other short term finances | 0 | 10,255,177 | 43,619 |
hp & lease commitments | 0 | 0 | 0 |
other current liabilities | 12,451,790 | 10,770,439 | 9,671,785 |
total current liabilities | 16,286,729 | 23,620,883 | 14,316,567 |
loans | 178,478,141 | 154,971,666 | 144,058,461 |
hp & lease commitments | 0 | 0 | 0 |
Accruals and Deferred Income | 31,365,810 | 19,875,930 | 9,172,690 |
other liabilities | 0 | 0 | 0 |
provisions | 0 | 0 | 10,301,200 |
total long term liabilities | 209,843,951 | 174,847,596 | 163,532,351 |
total liabilities | 226,130,680 | 198,468,479 | 177,848,918 |
net assets | -61,715,799 | -37,953,090 | -11,096,535 |
total shareholders funds | -61,715,799 | -37,953,090 | -11,096,535 |
Dec 2023 | Dec 2022 | Dec 2021 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | -5,723,369 | -12,256,152 | -6,833,643 |
Depreciation | 6,316,294 | 5,097,015 | 2,365,270 |
Amortisation | 13,441,120 | 13,436,841 | 6,714,643 |
Tax | 1,339,443 | -158,732 | 640,563 |
Stock | 196,217 | 87,520 | 457,444 |
Debtors | 514,323 | 1,387,195 | 6,813,565 |
Creditors | 1,239,672 | -2,005,896 | 4,601,163 |
Accruals and Deferred Income | 13,171,231 | 11,801,894 | 18,844,475 |
Deferred Taxes & Provisions | 0 | -10,301,200 | 10,301,200 |
Cash flow from operations | 29,073,851 | 4,139,055 | 29,362,662 |
Investing Activities | |||
capital expenditure | |||
Change in Investments | 0 | 0 | 0 |
cash flow from investments | |||
Financing Activities | |||
Bank loans | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 |
Other Short Term Loans | -10,255,177 | 10,211,558 | 43,619 |
Long term loans | 23,506,475 | 10,913,205 | 144,058,461 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 |
share issue | |||
interest | -19,391,653 | -14,441,671 | -6,146,002 |
cash flow from financing | -6,127,485 | 6,683,092 | 139,198,625 |
cash and cash equivalents | |||
cash | 1,517,758 | -1,399,120 | 7,128,944 |
overdraft | 0 | 0 | 0 |
change in cash | 1,517,758 | -1,399,120 | 7,128,944 |
marlin holdco limited Credit Report and Business Information
Marlin Holdco Limited Competitor Analysis
Perform a competitor analysis for marlin holdco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
marlin holdco limited Ownership
MARLIN HOLDCO LIMITED group structure
Marlin Holdco Limited has 1 subsidiary company.
Ultimate parent company
STEELE OFFSHORE BLEU LLC
#0132290
2 parents
MARLIN HOLDCO LIMITED
13467530
1 subsidiary
marlin holdco limited directors
Marlin Holdco Limited currently has 6 directors. The longest serving directors include Mr Martin Edsinger (Jun 2021) and Mr Coley Brenan (Jun 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Martin Edsinger | United Kingdom | 41 years | Jun 2021 | - | Director |
Mr Coley Brenan | England | 46 years | Jun 2021 | - | Director |
Mr Colin Waggett | England | 55 years | Jul 2021 | - | Director |
Mrs Suzanne Clarkson | England | 40 years | Sep 2023 | - | Director |
Mr Sean Harrison | England | 53 years | Aug 2024 | - | Director |
Mr Jeffrey Singleton | England | 49 years | Aug 2024 | - | Director |
P&L
December 2023turnover
69.3m
+35%
operating profit
-5.7m
-53%
gross margin
84.7%
+2.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-61.7m
+0.63%
total assets
164.4m
+0.02%
cash
7.2m
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
marlin holdco limited company details
company number
13467530
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
June 2021
age
3
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
16-19 canada square, london, E14 5ER
Bank
-
Legal Advisor
-
marlin holdco 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 marlin holdco limited.
marlin holdco limited Companies House Filings - See Documents
date | description | view/download |
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