parity bidco limited
parity bidco limited Company Information
Company Number
13767968
Website
-Registered Address
2 copthall avenue, london, EC2R 7DA
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
parity midco limited 100%
parity bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PARITY BIDCO LIMITED at £446.3k based on a Turnover of £352k and 1.27x industry multiple (adjusted for size and gross margin).
parity bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PARITY BIDCO LIMITED at £0 based on an EBITDA of £-819k and a 4.81x industry multiple (adjusted for size and gross margin).
parity bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PARITY BIDCO LIMITED at £485.7m based on Net Assets of £284m and 1.71x industry multiple (adjusted for liquidity).
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Parity Bidco Limited Overview
Parity Bidco Limited is a live company located in london, EC2R 7DA with a Companies House number of 13767968. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2021, it's largest shareholder is parity midco limited with a 100% stake. Parity Bidco Limited is a startup, micro sized company, Pomanda has estimated its turnover at £352k with unknown growth in recent years.
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Parity Bidco Limited Health Check
Pomanda's financial health check has awarded Parity Bidco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £352k, make it smaller than the average company (£18.4m)
£352k - Parity Bidco Limited
£18.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Parity Bidco Limited
- - Industry AVG
Production
with a gross margin of 35%, this company has a comparable cost of product (35%)
35% - Parity Bidco Limited
35% - Industry AVG
Profitability
an operating margin of -232.7% make it less profitable than the average company (4.9%)
-232.7% - Parity Bidco Limited
4.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (106)
- Parity Bidco Limited
106 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Parity Bidco Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £176k, this is equally as efficient (£180.2k)
- Parity Bidco Limited
£180.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Parity Bidco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 169 days, this is slower than average (46 days)
169 days - Parity Bidco Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parity Bidco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parity Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (69.2%)
37.2% - Parity Bidco Limited
69.2% - Industry AVG
PARITY BIDCO LIMITED financials
Parity Bidco Limited's latest turnover from March 2023 is £352 thousand and the company has net assets of £284 million. According to their latest financial statements, we estimate that Parity Bidco Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | |
|---|---|
| Turnover | 352,000 |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | -819,000 |
| Interest Payable | 12,895,000 |
| Interest Receivable | 1,855,000 |
| Pre-Tax Profit | -9,625,000 |
| Tax | 0 |
| Profit After Tax | -9,625,000 |
| Dividends Paid | 0 |
| Retained Profit | -9,625,000 |
| Employee Costs | |
| Number Of Employees | |
| EBITDA* | -819,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 389,915,000 |
| Debtors (Due After 1 year) | 2,500,000 |
| Total Fixed Assets | 392,415,000 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 59,465,000 |
| Misc Debtors | 153,000 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 59,618,000 |
| total assets | 452,033,000 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 106,000 |
| Group/Directors Accounts | 5,195,000 |
| other short term finances | 576,000 |
| hp & lease commitments | 0 |
| other current liabilities | 37,000 |
| total current liabilities | 5,914,000 |
| loans | 162,098,000 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 162,098,000 |
| total liabilities | 168,012,000 |
| net assets | 284,021,000 |
| total shareholders funds | 284,021,000 |
| Mar 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -819,000 |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | 0 |
| Stock | 0 |
| Debtors | 62,118,000 |
| Creditors | 106,000 |
| Accruals and Deferred Income | 37,000 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | -62,794,000 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 389,915,000 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 5,195,000 |
| Other Short Term Loans | 576,000 |
| Long term loans | 162,098,000 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | -11,040,000 |
| cash flow from financing | 450,475,000 |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
parity bidco limited Credit Report and Business Information
Parity Bidco Limited Competitor Analysis
Perform a competitor analysis for parity bidco limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
parity bidco limited Ownership
PARITY BIDCO LIMITED group structure
Parity Bidco Limited has no subsidiary companies.
Ultimate parent company
PARITY TOPCO LTD
#0150111
2 parents
PARITY BIDCO LIMITED
13767968
parity bidco limited directors
Parity Bidco Limited currently has 6 directors. The longest serving directors include Mr Sebastien Briens (Nov 2021) and Mr Julian Masters (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sebastien Briens | United Kingdom | 51 years | Nov 2021 | - | Director |
| Mr Julian Masters | United Kingdom | 50 years | Jun 2022 | - | Director |
| Mr Julian Masters | United Kingdom | 50 years | Jun 2022 | - | Director |
| Miss Fiona McCormick | United Kingdom | 39 years | Aug 2023 | - | Director |
| Mr Thomas Martin | United Kingdom | 35 years | Feb 2024 | - | Director |
| Mr Jatinder Soomal | United Kingdom | 41 years | Feb 2024 | - | Director |
P&L
March 2023turnover
352k
0%
operating profit
-819k
0%
gross margin
35.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
284m
0%
total assets
452m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
parity bidco limited company details
company number
13767968
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
November 2021
age
3
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2 copthall avenue, london, EC2R 7DA
last accounts submitted
March 2023
parity 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 2 charges/mortgages relating to parity bidco limited. Currently there are 2 open charges and 0 have been satisfied in the past.
parity bidco limited Companies House Filings - See Documents
| date | description | view/download |
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