project engine midco limited
project engine midco limited Company Information
Company Number
13532682
Next Accounts
Sep 2025
Shareholders
project engine topco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
first floor 5 fleet place, london, EC4M 7RD
Website
-project engine midco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT ENGINE MIDCO LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).
project engine midco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT ENGINE MIDCO LIMITED at £17.8m based on an EBITDA of £4.1m and a 4.38x industry multiple (adjusted for size and gross margin).
project engine midco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT ENGINE MIDCO LIMITED at £0 based on Net Assets of £-518k and 1.31x industry multiple (adjusted for liquidity).
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Project Engine Midco Limited Overview
Project Engine Midco Limited is a live company located in london, EC4M 7RD with a Companies House number of 13532682. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2021, it's largest shareholder is project engine topco limited with a 100% stake. Project Engine Midco Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Project Engine Midco Limited Health Check
There is insufficient data available to calculate a health check for Project Engine Midco Limited. Company Health Check FAQs
0 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.2%, this is a higher level of debt than the average (69.6%)
- - Project Engine Midco Limited
- - Industry AVG
PROJECT ENGINE MIDCO LIMITED financials
Project Engine Midco Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of -£518 thousand. According to their latest financial statements, we estimate that Project Engine Midco Limited has no 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 | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | 3,540,101 | 1,370,542 | |
| Interest Receivable | 3,540,101 | 1,370,542 | |
| Pre-Tax Profit | -23,503 | -4,800 | |
| Tax | |||
| Profit After Tax | -23,503 | -4,800 | |
| Dividends Paid | |||
| Retained Profit | -23,503 | -4,800 | |
| Employee Costs | |||
| Number Of Employees | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 13,802,318 | 12,547,562 | 11,406,875 |
| Total Fixed Assets | 13,802,319 | 12,547,563 | 11,406,876 |
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | 29,032,906 | 26,393,550 | 23,994,136 |
| Misc Debtors | 6,432 | 925 | |
| Cash | |||
| misc current assets | |||
| total current assets | 29,039,338 | 26,394,475 | 23,994,136 |
| total assets | 42,841,657 | 38,942,038 | 35,401,012 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | 405,983 | 354,711 | 300,912 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 482,536 | 5,521 | 4,800 |
| total current liabilities | 888,519 | 360,232 | 305,712 |
| loans | 42,471,120 | 38,610,108 | 35,100,099 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 42,471,120 | 38,610,108 | 35,100,099 |
| total liabilities | 43,359,639 | 38,970,340 | 35,405,811 |
| net assets | -517,982 | -28,302 | -4,799 |
| total shareholders funds | -517,982 | -28,302 | -4,799 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 3,899,619 | 3,541,026 | 35,401,011 |
| Creditors | |||
| Accruals and Deferred Income | 477,015 | 721 | 4,800 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 1 | ||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 51,272 | 53,799 | 300,912 |
| Other Short Term Loans | |||
| Long term loans | 3,861,012 | 3,510,009 | 35,100,099 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | 3,563,808 | 35,401,012 | |
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
project engine midco limited Credit Report and Business Information
Project Engine Midco Limited Competitor Analysis
Perform a competitor analysis for project engine midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other startup companies, companies in EC4M area or any other competitors across 12 key performance metrics.
project engine midco limited Ownership
PROJECT ENGINE MIDCO LIMITED group structure
Project Engine Midco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
PROJECT ENGINE MIDCO LIMITED
13532682
1 subsidiary
project engine midco limited directors
Project Engine Midco Limited currently has 5 directors. The longest serving directors include Mr Daniel Adler (Jul 2021) and Mr Mark Salter (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Adler | United Kingdom | 53 years | Jul 2021 | - | Director |
| Mr Mark Salter | England | 58 years | Jul 2021 | - | Director |
| Mr Graham Brown | United Kingdom | 67 years | Aug 2021 | - | Director |
| Mr David Rigby | England | 64 years | Apr 2022 | - | Director |
| Mr Jamie Posnanski | United Kingdom | 52 years | Dec 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
4.1m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-518k
+17.3%
total assets
42.8m
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
project engine midco limited company details
company number
13532682
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
July 2021
age
4
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
first floor 5 fleet place, london, EC4M 7RD
Bank
-
Legal Advisor
-
project engine 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 4 charges/mortgages relating to project engine midco limited. Currently there are 3 open charges and 1 have been satisfied in the past.
project engine 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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project engine midco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
