trowbridge topco limited

2

trowbridge topco limited Company Information

Share TROWBRIDGE TOPCO LIMITED
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Company Number

13676900

Website

-

Registered Address

unit 5 kennet way, canal road industrial estate, trowbridge, wiltshire, BA14 8BL

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

September 2025

Group Structure

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Directors

Harry Hewlett3 Years

Sean Dinnen3 Years

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Shareholders

cbpe nominees limited 98.2%

leech 0.7%

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trowbridge topco limited Estimated Valuation

£95.6m

Pomanda estimates the enterprise value of TROWBRIDGE TOPCO LIMITED at £95.6m based on a Turnover of £73.5m and 1.3x industry multiple (adjusted for size and gross margin).

trowbridge topco limited Estimated Valuation

£20.2m

Pomanda estimates the enterprise value of TROWBRIDGE TOPCO LIMITED at £20.2m based on an EBITDA of £2m and a 9.95x industry multiple (adjusted for size and gross margin).

trowbridge topco limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TROWBRIDGE TOPCO LIMITED at £0 based on Net Assets of £-26.7m and 2.57x industry multiple (adjusted for liquidity).

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Trowbridge Topco Limited Overview

Trowbridge Topco Limited is a live company located in trowbridge, BA14 8BL with a Companies House number of 13676900. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2021, it's largest shareholder is cbpe nominees limited with a 98.2% stake. Trowbridge Topco Limited is a startup, large sized company, Pomanda has estimated its turnover at £73.5m with unknown growth in recent years.

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Trowbridge Topco Limited Health Check

Pomanda's financial health check has awarded Trowbridge Topco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £73.5m, make it larger than the average company (£4.5m)

£73.5m - Trowbridge Topco Limited

£4.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Trowbridge Topco Limited

- - Industry AVG

production

Production

with a gross margin of 41%, this company has a comparable cost of product (37.8%)

41% - Trowbridge Topco Limited

37.8% - Industry AVG

profitability

Profitability

an operating margin of -6.9% make it less profitable than the average company (5.7%)

-6.9% - Trowbridge Topco Limited

5.7% - Industry AVG

employees

Employees

with 533 employees, this is above the industry average (26)

533 - Trowbridge Topco Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.9k, the company has a lower pay structure (£52.8k)

£30.9k - Trowbridge Topco Limited

£52.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £137.9k, this is less efficient (£167.6k)

£137.9k - Trowbridge Topco Limited

£167.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is earlier than average (41 days)

18 days - Trowbridge Topco Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (31 days)

24 days - Trowbridge Topco Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 203 days, this is more than average (32 days)

203 days - Trowbridge Topco Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (23 weeks)

7 weeks - Trowbridge Topco Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 135.8%, this is a higher level of debt than the average (62%)

135.8% - Trowbridge Topco Limited

62% - Industry AVG

TROWBRIDGE TOPCO LIMITED financials

EXPORTms excel logo

Trowbridge Topco Limited's latest turnover from December 2023 is £73.5 million and the company has net assets of -£26.7 million. According to their latest financial statements, Trowbridge Topco Limited has 533 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021
Turnover73,482,77968,208,9113,240,285
Other Income Or Grants000
Cost Of Sales43,382,35941,070,7692,323,362
Gross Profit30,100,42027,138,142916,923
Admin Expenses35,190,18828,454,8755,412,098
Operating Profit-5,089,768-1,316,733-4,495,175
Interest Payable8,964,7346,495,573989,326
Interest Receivable1,78817,0618,138
Pre-Tax Profit-14,052,714-7,795,245-5,476,363
Tax94,274-125,795-104,893
Profit After Tax-13,958,440-7,921,040-5,581,256
Dividends Paid000
Retained Profit-13,958,440-7,921,040-5,581,256
Employee Costs16,489,31215,066,3751,885,838
Number Of Employees533507476
EBITDA*2,027,3326,003,428-3,424,244

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021
Tangible Assets4,222,6444,540,3984,206,057
Intangible Assets36,520,76041,173,27544,388,137
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets40,743,40445,713,67348,594,194
Stock & work in progress24,188,91629,191,99722,436,346
Trade Debtors3,787,1723,965,4573,280,889
Group Debtors000
Misc Debtors3,366,2083,283,2481,798,782
Cash2,414,0423,129,2542,612,019
misc current assets000
total current assets33,756,33839,569,95630,128,036
total assets74,499,74285,283,62978,722,230
Bank overdraft000
Bank loan1,100,0002,216,7461,982,877
Trade Creditors 2,920,9335,852,0914,889,995
Group/Directors Accounts000
other short term finances9,569,3157,485,0376,028,489
hp & lease commitments7,14011,78311,624
other current liabilities4,177,0193,844,0532,597,268
total current liabilities17,774,40719,409,71015,510,253
loans77,572,57072,931,51964,875,308
hp & lease commitments08,8002,618
Accruals and Deferred Income2,939,3732,637,404397,764
other liabilities000
provisions2,878,9283,003,2922,734,944
total long term liabilities83,390,87178,581,01568,010,634
total liabilities101,165,27897,990,72583,520,887
net assets-26,665,536-12,707,096-4,798,657
total shareholders funds-26,665,536-12,707,096-4,798,657
Dec 2023Dec 2022Dec 2021
Operating Activities
Operating Profit-5,089,768-1,316,733-4,495,175
Depreciation875,6151,029,338235,232
Amortisation6,241,4856,290,823835,699
Tax94,274-125,795-104,893
Stock-5,003,0816,755,65122,436,346
Debtors-95,3252,169,0345,079,671
Creditors-2,931,158962,0964,889,995
Accruals and Deferred Income634,9353,486,4252,995,032
Deferred Taxes & Provisions-124,364268,3482,734,944
Cash flow from operations4,799,4251,669,817-20,425,183
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans-1,116,746233,8691,982,877
Group/Directors Accounts000
Other Short Term Loans 2,084,2781,456,5486,028,489
Long term loans4,641,0518,056,21164,875,308
Hire Purchase and Lease Commitments-13,4436,34114,242
other long term liabilities000
share issue012,601782,599
interest-8,962,946-6,478,512-981,188
cash flow from financing-3,367,8063,287,05872,702,327
cash and cash equivalents
cash-715,212517,2352,612,019
overdraft000
change in cash-715,212517,2352,612,019

trowbridge topco 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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Trowbridge Topco Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for trowbridge topco limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in BA14 area or any other competitors across 12 key performance metrics.

trowbridge topco limited Ownership

TROWBRIDGE TOPCO LIMITED group structure

Trowbridge Topco Limited has 1 subsidiary company.

Ultimate parent company

TROWBRIDGE TOPCO LIMITED

13676900

1 subsidiary

TROWBRIDGE TOPCO LIMITED Shareholders

cbpe nominees limited 98.2%
leech 0.73%
freeland 0.33%
webb 0.18%
marshall 0.11%
plant 0.09%
poynton 0.08%
wilder 0.06%
eden 0.05%
morley 0.04%

trowbridge topco limited directors

Trowbridge Topco Limited currently has 7 directors. The longest serving directors include Mr Harry Hewlett (Oct 2021) and Mr Sean Dinnen (Oct 2021).

officercountryagestartendrole
Mr Harry HewlettUnited Kingdom37 years Oct 2021- Director
Mr Sean DinnenEngland56 years Oct 2021- Director
Mr Bruce FreelandEngland57 years Oct 2021- Director
Mr Glenn LeechEngland49 years Oct 2021- Director
Ms Octavia Morley56 years Mar 2022- Director
Mrs Heather Blackman61 years Apr 2024- Director
Mr Paul LewisEngland50 years Jun 2024- Director

P&L

December 2023

turnover

73.5m

+8%

operating profit

-5.1m

+287%

gross margin

41%

+2.96%

turnover

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

Balance Sheet

December 2023

net assets

-26.7m

+1.1%

total assets

74.5m

-0.13%

cash

2.4m

-0.23%

net assets

Total assets minus all liabilities

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trowbridge topco limited company details

company number

13676900

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 2021

age

3

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

BDO LLP

address

unit 5 kennet way, canal road industrial estate, trowbridge, wiltshire, BA14 8BL

Bank

-

Legal Advisor

-

trowbridge 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 trowbridge topco limited.

charges

trowbridge topco limited Companies House Filings - See Documents

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