true sub holding limited

Live StartupSmall

true sub holding limited Company Information

Share TRUE SUB HOLDING LIMITED

Company Number

13564274

Shareholders

ccp 5 true scsp

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

8th floor, berkeley square house, berkeley square, london, W1J 6DB

Website

-

true sub holding limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of TRUE SUB HOLDING LIMITED at £5.8m based on a Turnover of £4.7m and 1.24x industry multiple (adjusted for size and gross margin).

true sub holding limited Estimated Valuation

£10.6m

Pomanda estimates the enterprise value of TRUE SUB HOLDING LIMITED at £10.6m based on an EBITDA of £2.1m and a 5.16x industry multiple (adjusted for size and gross margin).

true sub holding limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TRUE SUB HOLDING LIMITED at £0 based on Net Assets of £-6.1m and 1.34x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

True Sub Holding Limited Overview

True Sub Holding Limited is a live company located in london, W1J 6DB with a Companies House number of 13564274. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2021, it's largest shareholder is ccp 5 true scsp with a 100% stake. True Sub Holding Limited is a startup, small sized company, Pomanda has estimated its turnover at £4.7m with unknown growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

True Sub Holding Limited Health Check

Pomanda's financial health check has awarded True Sub Holding Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £4.7m, make it smaller than the average company (£18.9m)

£4.7m - True Sub Holding Limited

£18.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - True Sub Holding Limited

- - Industry AVG

production

Production

with a gross margin of 36.4%, this company has a comparable cost of product (36.4%)

36.4% - True Sub Holding Limited

36.4% - Industry AVG

profitability

Profitability

an operating margin of 44.1% make it more profitable than the average company (4.5%)

44.1% - True Sub Holding Limited

4.5% - Industry AVG

employees

Employees

with 25 employees, this is below the industry average (104)

25 - True Sub Holding Limited

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)

£44.7k - True Sub Holding Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £186.1k, this is equally as efficient (£191.4k)

£186.1k - True Sub Holding Limited

£191.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (45 days)

2 days - True Sub Holding Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is close to average (44 days)

47 days - True Sub Holding Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - True Sub Holding Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)

9 weeks - True Sub Holding Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 108.9%, this is a higher level of debt than the average (69.6%)

108.9% - True Sub Holding Limited

69.6% - Industry AVG

TRUE SUB HOLDING LIMITED financials

EXPORTms excel logo

True Sub Holding Limited's latest turnover from December 2023 is £4.7 million and the company has net assets of -£6.1 million. According to their latest financial statements, we estimate that True Sub Holding Limited has 25 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover4,651,3834,383,190
Other Income Or Grants00
Cost Of Sales2,959,0022,795,618
Gross Profit1,692,3811,587,572
Admin Expenses-358,616-340,129
Operating Profit2,050,9971,927,701
Interest Payable2,731,9562,656,584
Interest Receivable130,2294,236
Pre-Tax Profit186,1442,596,899
Tax-725,481-1,232,410
Profit After Tax-539,3371,364,489
Dividends Paid00
Retained Profit-539,3371,364,489
Employee Costs1,118,021335,133
Number Of Employees258
EBITDA*2,050,9971,927,701

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets22,467174,843
Intangible Assets00
Investments & Other61,300,00059,800,000
Debtors (Due After 1 year)527,9971,615,123
Total Fixed Assets61,850,46461,589,966
Stock & work in progress00
Trade Debtors26,1612,041
Group Debtors798,375488,827
Misc Debtors411,074506,190
Cash6,352,4356,909,575
misc current assets00
total current assets7,588,0457,906,633
total assets69,438,50969,496,599
Bank overdraft00
Bank loan00
Trade Creditors 388,394335,726
Group/Directors Accounts30,124,22230,636,255
other short term finances464,045306,796
hp & lease commitments00
other current liabilities3,804,3404,358,599
total current liabilities34,781,00135,637,376
loans34,909,99434,028,372
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions5,897,4815,441,481
total long term liabilities40,807,47539,469,853
total liabilities75,588,47675,107,229
net assets-6,149,967-5,610,630
total shareholders funds-6,149,967-5,610,630
Dec 2023Dec 2022
Operating Activities
Operating Profit2,050,9971,927,701
Depreciation00
Amortisation00
Tax-725,481-1,232,410
Stock00
Debtors-848,5742,612,181
Creditors52,668335,726
Accruals and Deferred Income-554,2594,358,599
Deferred Taxes & Provisions456,0005,441,481
Cash flow from operations2,128,4998,218,916
Investing Activities
capital expenditure152,376-174,843
Change in Investments1,500,00059,800,000
cash flow from investments-1,347,624-59,974,843
Financing Activities
Bank loans00
Group/Directors Accounts-512,03330,636,255
Other Short Term Loans 157,249306,796
Long term loans881,62234,028,372
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue0-6,975,119
interest-2,601,727-2,652,348
cash flow from financing-2,074,88955,343,956
cash and cash equivalents
cash-557,1406,909,575
overdraft00
change in cash-557,1406,909,575

true sub holding limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for true sub holding limited. Get real-time insights into true sub holding limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

True Sub Holding Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for true sub holding limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.

true sub holding limited Ownership

TRUE SUB HOLDING LIMITED group structure

True Sub Holding Limited has 1 subsidiary company.

Ultimate parent company

CCP 5 TRUE SCSP

#0142485

1 parent

TRUE SUB HOLDING LIMITED

13564274

1 subsidiary

TRUE SUB HOLDING LIMITED Shareholders

ccp 5 true scsp 100%

true sub holding limited directors

True Sub Holding Limited currently has 3 directors. The longest serving directors include Mr Jean-Philipe Blangy (Aug 2021) and Mr Jean-Philippe Blangy (Aug 2021).

officercountryagestartendrole
Mr Jean-Philipe BlangyEngland49 years Aug 2021- Director
Mr Jean-Philippe BlangyUnited Kingdom49 years Aug 2021- Director
Mr James BrodieUnited Kingdom47 years Aug 2021- Director

P&L

December 2023

turnover

4.7m

+6%

operating profit

2.1m

+6%

gross margin

36.4%

+0.46%

turnover

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

Balance Sheet

December 2023

net assets

-6.1m

+0.1%

total assets

69.4m

0%

cash

6.4m

-0.08%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

true sub holding limited company details

company number

13564274

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

August 2021

age

4

incorporated

UK

ultimate parent company

CCP 5 TRUE SCSP

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

HAYSMACINTYRE LLP

address

8th floor, berkeley square house, berkeley square, london, W1J 6DB

Bank

-

Legal Advisor

-

true sub holding 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 true sub holding limited. Currently there are 4 open charges and 0 have been satisfied in the past.

true sub holding 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.

Click to start generating capital raising & share issue transactions for TRUE SUB HOLDING LIMITED. This can take several minutes, an email will notify you when this has completed.

true sub holding limited Companies House Filings - See Documents

datedescriptionview/download