market topco limited
market topco limited Company Information
Company Number
13537349
Next Accounts
Jul 2025
Shareholders
market21 holdings l.p.
wsss investments jersey 5 limited
View AllGroup 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
hilmore house gain lane, bradford, west yorkshire, BD3 7DL
Website
-market topco limited Estimated Valuation
Pomanda estimates the enterprise value of MARKET TOPCO LIMITED at £21.7b based on a Turnover of £18.4b and 1.18x industry multiple (adjusted for size and gross margin).
market topco limited Estimated Valuation
Pomanda estimates the enterprise value of MARKET TOPCO LIMITED at £2.3b based on an EBITDA of £469m and a 4.94x industry multiple (adjusted for size and gross margin).
market topco limited Estimated Valuation
Pomanda estimates the enterprise value of MARKET TOPCO LIMITED at £0 based on Net Assets of £-709m and 1.31x industry multiple (adjusted for liquidity).
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Market Topco Limited Overview
Market Topco Limited is a live company located in west yorkshire, BD3 7DL with a Companies House number of 13537349. 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 market21 holdings l.p. with a 84.6% stake. Market Topco Limited is a startup, mega sized company, Pomanda has estimated its turnover at £18.4b with unknown growth in recent years.
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Market Topco Limited Health Check
Pomanda's financial health check has awarded Market Topco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £18.4b, make it larger than the average company (£18.8m)
£18.4b - Market Topco Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Market Topco Limited
- - Industry AVG
Production
with a gross margin of 0.1%, this company has a higher cost of product (34.7%)
0.1% - Market Topco Limited
34.7% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (4.7%)
-2.2% - Market Topco Limited
4.7% - Industry AVG
Employees
with 104819 employees, this is above the industry average (103)
104819 - Market Topco Limited
103 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has a lower pay structure (£43k)
£19.1k - Market Topco Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £175.1k, this is equally as efficient (£186.6k)
£175.1k - Market Topco Limited
£186.6k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (45 days)
3 days - Market Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (45 days)
56 days - Market Topco Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is less than average (37 days)
18 days - Market Topco Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Market Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (68.9%)
105.4% - Market Topco Limited
68.9% - Industry AVG
MARKET TOPCO LIMITED financials
Market Topco Limited's latest turnover from October 2023 is £18.4 billion and the company has net assets of -£709 million. According to their latest financial statements, Market Topco Limited has 104,819 employees and maintains cash reserves of £280 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | |
|---|---|---|
| Turnover | 18,358,000,000 | 18,727,000,000 |
| Other Income Or Grants | ||
| Cost Of Sales | 18,341,000,000 | 18,582,000,000 |
| Gross Profit | 17,000,000 | 145,000,000 |
| Admin Expenses | 418,000,000 | 1,108,000,000 |
| Operating Profit | -401,000,000 | -963,000,000 |
| Interest Payable | 735,000,000 | 593,000,000 |
| Interest Receivable | 39,000,000 | 33,000,000 |
| Pre-Tax Profit | -1,098,000,000 | -1,524,000,000 |
| Tax | 124,000,000 | 283,000,000 |
| Profit After Tax | -974,000,000 | -1,241,000,000 |
| Dividends Paid | ||
| Retained Profit | -974,000,000 | -1,241,000,000 |
| Employee Costs | 2,006,000,000 | 2,046,000,000 |
| Number Of Employees | 104,819 | 113,673 |
| EBITDA* | 469,000,000 | -74,000,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | |
|---|---|---|
| Tangible Assets | 8,469,000,000 | 9,724,000,000 |
| Intangible Assets | 3,081,000,000 | 3,120,000,000 |
| Investments & Other | 533,000,000 | 928,000,000 |
| Debtors (Due After 1 year) | 92,000,000 | 86,000,000 |
| Total Fixed Assets | 11,550,000,000 | 12,844,000,000 |
| Stock & work in progress | 918,000,000 | 990,000,000 |
| Trade Debtors | 176,000,000 | 158,000,000 |
| Group Debtors | ||
| Misc Debtors | 216,000,000 | 217,000,000 |
| Cash | 280,000,000 | 288,000,000 |
| misc current assets | 36,000,000 | 369,000,000 |
| total current assets | 1,626,000,000 | 2,030,000,000 |
| total assets | 13,176,000,000 | 14,874,000,000 |
| Bank overdraft | ||
| Bank loan | 138,000,000 | 630,000,000 |
| Trade Creditors | 2,864,000,000 | 3,000,000,000 |
| Group/Directors Accounts | ||
| other short term finances | 13,000,000 | 3,000,000 |
| hp & lease commitments | 78,000,000 | 69,000,000 |
| other current liabilities | 594,000,000 | 465,000,000 |
| total current liabilities | 3,687,000,000 | 4,167,000,000 |
| loans | 17,380,000,000 | 16,192,000,000 |
| hp & lease commitments | 1,535,000,000 | 1,173,000,000 |
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 3,016,000,000 | 3,594,000,000 |
| total long term liabilities | 10,198,000,000 | 9,893,000,000 |
| total liabilities | 13,885,000,000 | 14,060,000,000 |
| net assets | -709,000,000 | 814,000,000 |
| total shareholders funds | -709,000,000 | 814,000,000 |
| Oct 2023 | Oct 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -401,000,000 | -963,000,000 |
| Depreciation | 748,000,000 | 763,000,000 |
| Amortisation | 122,000,000 | 126,000,000 |
| Tax | 124,000,000 | 283,000,000 |
| Stock | -72,000,000 | 990,000,000 |
| Debtors | 23,000,000 | 461,000,000 |
| Creditors | -136,000,000 | 3,000,000,000 |
| Accruals and Deferred Income | 129,000,000 | 465,000,000 |
| Deferred Taxes & Provisions | -578,000,000 | 3,594,000,000 |
| Cash flow from operations | 57,000,000 | 5,817,000,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -395,000,000 | 928,000,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | -492,000,000 | 630,000,000 |
| Group/Directors Accounts | ||
| Other Short Term Loans | 10,000,000 | 3,000,000 |
| Long term loans | 1,188,000,000 | 16,192,000,000 |
| Hire Purchase and Lease Commitments | 371,000,000 | 1,242,000,000 |
| other long term liabilities | ||
| share issue | ||
| interest | -696,000,000 | -560,000,000 |
| cash flow from financing | -168,000,000 | 19,562,000,000 |
| cash and cash equivalents | ||
| cash | -8,000,000 | 288,000,000 |
| overdraft | ||
| change in cash | -8,000,000 | 288,000,000 |
market topco limited Credit Report and Business Information
Market Topco Limited Competitor Analysis
Perform a competitor analysis for market topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in BD3 area or any other competitors across 12 key performance metrics.
market topco limited Ownership
MARKET TOPCO LIMITED group structure
Market Topco Limited has 1 subsidiary company.
Ultimate parent company
MARKET21 HOLDINGS LP
#0155912
1 parent
MARKET TOPCO LIMITED
13537349
1 subsidiary
market topco limited directors
Market Topco Limited currently has 7 directors. The longest serving directors include Mr Gregory Lai (Jul 2021) and Mr Marco Herbst (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Lai | United Kingdom | 46 years | Jul 2021 | - | Director |
| Mr Marco Herbst | United Kingdom | 52 years | Jul 2021 | - | Director |
| Ms Joanna Goff | 46 years | Sep 2022 | - | Director | |
| Mr Manvinder Banga | England | 70 years | Sep 2022 | - | Director |
| Mr David Novak | England | 56 years | Sep 2022 | - | Director |
| Sir Terence Leahy | England | 69 years | Sep 2022 | - | Director |
| Mr Rami Baitieh | United Kingdom | 53 years | Oct 2023 | - | Director |
P&L
October 2023turnover
18.4b
-2%
operating profit
-401m
-58%
gross margin
0.1%
-88.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-709m
-1.87%
total assets
13.2b
-0.11%
cash
280m
-0.03%
net assets
Total assets minus all liabilities
Similar Companies
market topco limited company details
company number
13537349
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
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
hilmore house gain lane, bradford, west yorkshire, BD3 7DL
Bank
-
Legal Advisor
-
market 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 did not find charges/mortgages relating to market topco limited.
market 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.
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market topco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
