pioneer bidco limited
pioneer bidco limited Company Information
Company Number
13639975
Website
-Registered Address
gresham house, 5-7, st. pauls street, leeds, LS1 2JG
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
pioneer finco limited 100%
pioneer bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER BIDCO LIMITED at £382.8k based on a Turnover of £170.9k and 2.24x industry multiple (adjusted for size and gross margin).
pioneer bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER BIDCO LIMITED at £0 based on an EBITDA of £-1.6m and a 8.58x industry multiple (adjusted for size and gross margin).
pioneer bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER BIDCO LIMITED at £30.7m based on Net Assets of £16.5m and 1.86x industry multiple (adjusted for liquidity).
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Pioneer Bidco Limited Overview
Pioneer Bidco Limited is a live company located in leeds, LS1 2JG with a Companies House number of 13639975. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2021, it's largest shareholder is pioneer finco limited with a 100% stake. Pioneer Bidco Limited is a startup, micro sized company, Pomanda has estimated its turnover at £170.9k with unknown growth in recent years.
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Pioneer Bidco Limited Health Check
Pomanda's financial health check has awarded Pioneer Bidco Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
7 Weak
Size
annual sales of £170.9k, make it smaller than the average company (£18.1m)
£170.9k - Pioneer Bidco Limited
£18.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pioneer Bidco Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (35.1%)
100% - Pioneer Bidco Limited
35.1% - Industry AVG
Profitability
an operating margin of -933.1% make it less profitable than the average company (5%)
-933.1% - Pioneer Bidco Limited
5% - Industry AVG
Employees
with 6 employees, this is below the industry average (105)
6 - Pioneer Bidco Limited
105 - Industry AVG
Pay Structure
on an average salary of £176.6k, the company has a higher pay structure (£41.8k)
£176.6k - Pioneer Bidco Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £28.5k, this is less efficient (£179.8k)
£28.5k - Pioneer Bidco Limited
£179.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Pioneer Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Pioneer Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pioneer Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Pioneer Bidco Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.9%, this is a higher level of debt than the average (69.1%)
80.9% - Pioneer Bidco Limited
69.1% - Industry AVG
PIONEER BIDCO LIMITED financials
Pioneer Bidco Limited's latest turnover from March 2023 is £170.9 thousand and the company has net assets of £16.5 million. According to their latest financial statements, Pioneer Bidco Limited has 6 employees and maintains cash reserves of £3.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 170,867 | 125,848 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 0 | 0 |
| Gross Profit | 170,867 | 125,848 |
| Admin Expenses | 1,765,275 | 523,851 |
| Operating Profit | -1,594,408 | -398,003 |
| Interest Payable | 3,693,580 | 1,930,898 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -1,137,988 | -1,586,030 |
| Tax | 999,601 | 303,750 |
| Profit After Tax | -138,387 | -1,282,280 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -138,387 | -1,282,280 |
| Employee Costs | 1,059,729 | 458,934 |
| Number Of Employees | 6 | 7 |
| EBITDA* | -1,594,408 | -398,003 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 84,267,753 | 49,486,252 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 84,267,753 | 49,486,252 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 1,207,889 | 10,127,543 |
| Misc Debtors | 658,754 | 707,576 |
| Cash | 3,385 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 1,870,028 | 10,835,119 |
| total assets | 86,137,781 | 60,321,371 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 243,000 | 0 |
| Group/Directors Accounts | 29,813,404 | 27,979,459 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 1,642,149 | 58,490 |
| total current liabilities | 31,698,553 | 28,037,949 |
| loans | 36,495,068 | 33,565,701 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 1,491,292 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 37,986,360 | 33,565,701 |
| total liabilities | 69,684,913 | 61,603,650 |
| net assets | 16,452,868 | -1,282,279 |
| total shareholders funds | 16,452,868 | -1,282,279 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -1,594,408 | -398,003 |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | 999,601 | 303,750 |
| Stock | 0 | 0 |
| Debtors | -8,968,476 | 10,835,119 |
| Creditors | 243,000 | 0 |
| Accruals and Deferred Income | 1,583,659 | 58,490 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 10,200,328 | -10,870,882 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 34,781,501 | 49,486,252 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 1,833,945 | 27,979,459 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 2,929,367 | 33,565,701 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 1,491,292 | 0 |
| share issue | ||
| interest | -3,693,580 | -1,930,898 |
| cash flow from financing | 20,434,558 | 59,614,263 |
| cash and cash equivalents | ||
| cash | 3,385 | 0 |
| overdraft | 0 | 0 |
| change in cash | 3,385 | 0 |
pioneer bidco limited Credit Report and Business Information
Pioneer Bidco Limited Competitor Analysis
Perform a competitor analysis for pioneer bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LS1 area or any other competitors across 12 key performance metrics.
pioneer bidco limited Ownership
PIONEER BIDCO LIMITED group structure
Pioneer Bidco Limited has 6 subsidiary companies.
Ultimate parent company
2 parents
PIONEER BIDCO LIMITED
13639975
6 subsidiaries
pioneer bidco limited directors
Pioneer Bidco Limited currently has 7 directors. The longest serving directors include Mr Kishan Chotai (Sep 2021) and Mr Douglas Martin (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kishan Chotai | United Kingdom | 34 years | Sep 2021 | - | Director |
| Mr Douglas Martin | England | 37 years | Oct 2021 | - | Director |
| Mr Graeme Allan | Scotland | 53 years | Oct 2021 | - | Director |
| Mr Graeme Allan | Scotland | 53 years | Oct 2021 | - | Director |
| Miss Katie Beckingham | England | 29 years | Jul 2022 | - | Director |
| Mr Derek Mitchell | 46 years | Dec 2022 | - | Director | |
| Mrs Emma Lancaster | 55 years | Nov 2023 | - | Director |
P&L
March 2023turnover
170.9k
+36%
operating profit
-1.6m
+301%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
16.5m
-13.83%
total assets
86.1m
+0.43%
cash
3.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
pioneer bidco limited company details
company number
13639975
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
September 2021
age
3
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
PRICE BAILEY LLP
address
gresham house, 5-7, st. pauls street, leeds, LS1 2JG
Bank
-
Legal Advisor
-
pioneer 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 15 charges/mortgages relating to pioneer bidco limited. Currently there are 15 open charges and 0 have been satisfied in the past.
pioneer bidco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
