market bidco limited

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market bidco limited Company Information

Share MARKET BIDCO LIMITED

Company Number

13537474

Directors

Marco Herbst

Gregory Lai

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Shareholders

market holdco 3 limited

Group Structure

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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 bidco limited Estimated Valuation

£21.7b

Pomanda estimates the enterprise value of MARKET BIDCO LIMITED at £21.7b based on a Turnover of £18.4b and 1.18x industry multiple (adjusted for size and gross margin).

market bidco limited Estimated Valuation

£3.4b

Pomanda estimates the enterprise value of MARKET BIDCO LIMITED at £3.4b based on an EBITDA of £683m and a 4.94x industry multiple (adjusted for size and gross margin).

market bidco limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of MARKET BIDCO LIMITED at £1.1b based on Net Assets of £877m and 1.31x industry multiple (adjusted for liquidity).

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Market Bidco Limited Overview

Market Bidco Limited is a live company located in west yorkshire, BD3 7DL with a Companies House number of 13537474. 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 market holdco 3 limited with a 100% stake. Market Bidco 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 Bidco Limited Health Check

Pomanda's financial health check has awarded Market Bidco 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

Health Check Image
Health Rating3.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £18.4b, make it larger than the average company (£18.8m)

£18.4b - Market Bidco Limited

£18.8m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Market Bidco Limited

- - Industry AVG

production

Production

with a gross margin of 0.1%, this company has a higher cost of product (34.7%)

0.1% - Market Bidco Limited

34.7% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (4.7%)

-2.2% - Market Bidco Limited

4.7% - Industry AVG

employees

Employees

with 104819 employees, this is above the industry average (103)

104819 - Market Bidco Limited

103 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.1k, the company has a lower pay structure (£43k)

£19.1k - Market Bidco Limited

£43k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £175.1k, this is equally as efficient (£186.6k)

£175.1k - Market Bidco Limited

£186.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (45 days)

3 days - Market Bidco Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 56 days, this is slower than average (45 days)

56 days - Market Bidco Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 18 days, this is less than average (37 days)

18 days - Market Bidco Limited

37 days - Industry AVG

cashbalance

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 Bidco Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (68.9%)

93.4% - Market Bidco Limited

68.9% - Industry AVG

MARKET BIDCO LIMITED financials

EXPORTms excel logo

Market Bidco Limited's latest turnover from October 2023 is £18.4 billion and the company has net assets of £877 million. According to their latest financial statements, Market Bidco Limited has 104,819 employees and maintains cash reserves of £280 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022
Turnover18,358,000,00018,727,000,000
Other Income Or Grants
Cost Of Sales18,341,000,00018,582,000,000
Gross Profit17,000,000145,000,000
Admin Expenses418,000,0001,107,000,000
Operating Profit-401,000,000-962,000,000
Interest Payable558,000,000408,000,000
Interest Receivable41,000,00035,000,000
Pre-Tax Profit-919,000,000-1,336,000,000
Tax124,000,000275,000,000
Profit After Tax-795,000,000-1,061,000,000
Dividends Paid
Retained Profit-795,000,000-1,061,000,000
Employee Costs2,006,000,0002,046,000,000
Number Of Employees104,819113,670
EBITDA*683,000,000-73,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022
Tangible Assets8,469,000,0009,724,000,000
Intangible Assets3,081,000,0003,120,000,000
Investments & Other541,000,000935,000,000
Debtors (Due After 1 year)84,000,00079,000,000
Total Fixed Assets11,550,000,00012,844,000,000
Stock & work in progress918,000,000990,000,000
Trade Debtors176,000,000158,000,000
Group Debtors23,000,00023,000,000
Misc Debtors216,000,000225,000,000
Cash280,000,000287,000,000
misc current assets36,000,000369,000,000
total current assets1,649,000,0002,052,000,000
total assets13,199,000,00014,896,000,000
Bank overdraft
Bank loan138,000,000630,000,000
Trade Creditors 2,864,000,0003,000,000,000
Group/Directors Accounts
other short term finances13,000,0003,000,000
hp & lease commitments78,000,00069,000,000
other current liabilities595,000,000465,000,000
total current liabilities3,688,000,0004,167,000,000
loans14,236,000,00013,402,000,000
hp & lease commitments1,535,000,0001,173,000,000
Accruals and Deferred Income
other liabilities
provisions3,032,000,0003,610,000,000
total long term liabilities8,634,000,0008,506,000,000
total liabilities12,322,000,00012,673,000,000
net assets877,000,0002,223,000,000
total shareholders funds877,000,0002,223,000,000
Oct 2023Oct 2022
Operating Activities
Operating Profit-401,000,000-962,000,000
Depreciation962,000,000763,000,000
Amortisation122,000,000126,000,000
Tax124,000,000275,000,000
Stock-72,000,000990,000,000
Debtors14,000,000485,000,000
Creditors-136,000,0003,000,000,000
Accruals and Deferred Income130,000,000465,000,000
Deferred Taxes & Provisions-578,000,0003,610,000,000
Cash flow from operations281,000,0005,802,000,000
Investing Activities
capital expenditure210,000,000-13,733,000,000
Change in Investments-394,000,000935,000,000
cash flow from investments604,000,000-14,668,000,000
Financing Activities
Bank loans-492,000,000630,000,000
Group/Directors Accounts
Other Short Term Loans 10,000,0003,000,000
Long term loans834,000,00013,402,000,000
Hire Purchase and Lease Commitments371,000,0001,242,000,000
other long term liabilities
share issue-551,000,0003,284,000,000
interest-517,000,000-373,000,000
cash flow from financing-345,000,00018,188,000,000
cash and cash equivalents
cash-7,000,000287,000,000
overdraft
change in cash-7,000,000287,000,000

market bidco 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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Market Bidco Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for market bidco 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 bidco limited Ownership

MARKET BIDCO LIMITED group structure

Market Bidco Limited has 2 subsidiary companies.

Ultimate parent company

MARKET21 HOLDINGS LP

#0155912

2 parents

MARKET BIDCO LIMITED

13537474

2 subsidiaries

MARKET BIDCO LIMITED Shareholders

market holdco 3 limited 100%

market bidco limited directors

Market Bidco Limited currently has 5 directors. The longest serving directors include Mr Marco Herbst (Jul 2021) and Mr Gregory Lai (Jul 2021).

officercountryagestartendrole
Mr Marco HerbstUnited Kingdom52 years Jul 2021- Director
Mr Gregory LaiUnited Kingdom46 years Jul 2021- Director
Mr Jonathan Burke58 years Sep 2022- Director
Ms Joanna Goff46 years Sep 2022- Director
Mr Arnaud Doerane37 years Jan 2025- Director

P&L

October 2023

turnover

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 2023

net assets

877m

-0.61%

total assets

13.2b

-0.11%

cash

280m

-0.02%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

market bidco limited company details

company number

13537474

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

MARKET21 HOLDINGS LP

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

CLIFFORD CHANCE LLP

market bidco 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 market bidco limited. Currently there are 3 open charges and 1 have been satisfied in the past.

market bidco 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 bidco limited Companies House Filings - See Documents

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