trowbridge topco limited Company Information
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
View All
Shareholders
cbpe nominees limited 98.2%
leech 0.7%
View Alltrowbridge topco limited Estimated Valuation
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
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
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
4 Strong
1 Regular
6 Weak
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
There is insufficient data available for this Key Performance Indicator!
- Trowbridge Topco Limited
- - Industry AVG
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
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
with 533 employees, this is above the industry average (26)
533 - Trowbridge Topco Limited
26 - Industry AVG
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
resulting in sales per employee of £137.9k, this is less efficient (£167.6k)
£137.9k - Trowbridge Topco Limited
£167.6k - Industry AVG
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
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
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
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
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
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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | |
---|---|---|---|
Turnover | 73,482,779 | 68,208,911 | 3,240,285 |
Other Income Or Grants | 0 | 0 | 0 |
Cost Of Sales | 43,382,359 | 41,070,769 | 2,323,362 |
Gross Profit | 30,100,420 | 27,138,142 | 916,923 |
Admin Expenses | 35,190,188 | 28,454,875 | 5,412,098 |
Operating Profit | -5,089,768 | -1,316,733 | -4,495,175 |
Interest Payable | 8,964,734 | 6,495,573 | 989,326 |
Interest Receivable | 1,788 | 17,061 | 8,138 |
Pre-Tax Profit | -14,052,714 | -7,795,245 | -5,476,363 |
Tax | 94,274 | -125,795 | -104,893 |
Profit After Tax | -13,958,440 | -7,921,040 | -5,581,256 |
Dividends Paid | 0 | 0 | 0 |
Retained Profit | -13,958,440 | -7,921,040 | -5,581,256 |
Employee Costs | 16,489,312 | 15,066,375 | 1,885,838 |
Number Of Employees | 533 | 507 | 476 |
EBITDA* | 2,027,332 | 6,003,428 | -3,424,244 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | |
---|---|---|---|
Tangible Assets | 4,222,644 | 4,540,398 | 4,206,057 |
Intangible Assets | 36,520,760 | 41,173,275 | 44,388,137 |
Investments & Other | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 |
Total Fixed Assets | 40,743,404 | 45,713,673 | 48,594,194 |
Stock & work in progress | 24,188,916 | 29,191,997 | 22,436,346 |
Trade Debtors | 3,787,172 | 3,965,457 | 3,280,889 |
Group Debtors | 0 | 0 | 0 |
Misc Debtors | 3,366,208 | 3,283,248 | 1,798,782 |
Cash | 2,414,042 | 3,129,254 | 2,612,019 |
misc current assets | 0 | 0 | 0 |
total current assets | 33,756,338 | 39,569,956 | 30,128,036 |
total assets | 74,499,742 | 85,283,629 | 78,722,230 |
Bank overdraft | 0 | 0 | 0 |
Bank loan | 1,100,000 | 2,216,746 | 1,982,877 |
Trade Creditors | 2,920,933 | 5,852,091 | 4,889,995 |
Group/Directors Accounts | 0 | 0 | 0 |
other short term finances | 9,569,315 | 7,485,037 | 6,028,489 |
hp & lease commitments | 7,140 | 11,783 | 11,624 |
other current liabilities | 4,177,019 | 3,844,053 | 2,597,268 |
total current liabilities | 17,774,407 | 19,409,710 | 15,510,253 |
loans | 77,572,570 | 72,931,519 | 64,875,308 |
hp & lease commitments | 0 | 8,800 | 2,618 |
Accruals and Deferred Income | 2,939,373 | 2,637,404 | 397,764 |
other liabilities | 0 | 0 | 0 |
provisions | 2,878,928 | 3,003,292 | 2,734,944 |
total long term liabilities | 83,390,871 | 78,581,015 | 68,010,634 |
total liabilities | 101,165,278 | 97,990,725 | 83,520,887 |
net assets | -26,665,536 | -12,707,096 | -4,798,657 |
total shareholders funds | -26,665,536 | -12,707,096 | -4,798,657 |
Dec 2023 | Dec 2022 | Dec 2021 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | -5,089,768 | -1,316,733 | -4,495,175 |
Depreciation | 875,615 | 1,029,338 | 235,232 |
Amortisation | 6,241,485 | 6,290,823 | 835,699 |
Tax | 94,274 | -125,795 | -104,893 |
Stock | -5,003,081 | 6,755,651 | 22,436,346 |
Debtors | -95,325 | 2,169,034 | 5,079,671 |
Creditors | -2,931,158 | 962,096 | 4,889,995 |
Accruals and Deferred Income | 634,935 | 3,486,425 | 2,995,032 |
Deferred Taxes & Provisions | -124,364 | 268,348 | 2,734,944 |
Cash flow from operations | 4,799,425 | 1,669,817 | -20,425,183 |
Investing Activities | |||
capital expenditure | 0 | 0 | 0 |
Change in Investments | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 |
Financing Activities | |||
Bank loans | -1,116,746 | 233,869 | 1,982,877 |
Group/Directors Accounts | 0 | 0 | 0 |
Other Short Term Loans | 2,084,278 | 1,456,548 | 6,028,489 |
Long term loans | 4,641,051 | 8,056,211 | 64,875,308 |
Hire Purchase and Lease Commitments | -13,443 | 6,341 | 14,242 |
other long term liabilities | 0 | 0 | 0 |
share issue | |||
interest | -8,962,946 | -6,478,512 | -981,188 |
cash flow from financing | -3,367,806 | 3,287,058 | 72,702,327 |
cash and cash equivalents | |||
cash | -715,212 | 517,235 | 2,612,019 |
overdraft | 0 | 0 | 0 |
change in cash | -715,212 | 517,235 | 2,612,019 |
trowbridge topco limited Credit Report and Business Information
Trowbridge Topco Limited Competitor Analysis
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 directors
Trowbridge Topco Limited currently has 7 directors. The longest serving directors include Mr Harry Hewlett (Oct 2021) and Mr Sean Dinnen (Oct 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Harry Hewlett | United Kingdom | 37 years | Oct 2021 | - | Director |
Mr Sean Dinnen | England | 56 years | Oct 2021 | - | Director |
Mr Bruce Freeland | England | 57 years | Oct 2021 | - | Director |
Mr Glenn Leech | England | 49 years | Oct 2021 | - | Director |
Ms Octavia Morley | 56 years | Mar 2022 | - | Director | |
Mrs Heather Blackman | 61 years | Apr 2024 | - | Director | |
Mr Paul Lewis | England | 50 years | Jun 2024 | - | Director |
P&L
December 2023turnover
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 2023net assets
-26.7m
+1.1%
total assets
74.5m
-0.13%
cash
2.4m
-0.23%
net assets
Total assets minus all liabilities
Similar Companies
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
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.
trowbridge topco limited Companies House Filings - See Documents
date | description | view/download |
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