Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
priory house 6 wrights lane, london, W8 6TA
Website
-
plate newco 3 limitedEstimated Valuation
£75.5m
Pomanda estimates the enterprise value of PLATE NEWCO 3 LIMITED at £75.5m based on a Turnover of £30.6m and 2.46x industry multiple (adjusted for size and gross margin).
plate newco 3 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PLATE NEWCO 3 LIMITED at £0 based on an EBITDA of £-8m and a 10.3x industry multiple (adjusted for size and gross margin).
plate newco 3 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PLATE NEWCO 3 LIMITED at £0 based on Net Assets of £-25m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Plate Newco 3 LimitedOverview
Plate Newco 3 Limited is a live company located in london, W8 6TA with a Companies House number of 13965170. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2022, it's largest shareholder is
hps investment partners llc
with a 100% stake. Plate Newco 3 Limited is a startup,
large sized company, Pomanda has estimated its turnover at
£30.6m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Plate Newco 3 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £30.6m, make it larger than the average company (£18m)
£30.6m - Plate Newco 3 Limited
£18m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Plate Newco 3 Limited
- - Industry AVG
Production
with a gross margin of 56.4%, this company has a lower cost of product (36%)
56.4% - Plate Newco 3 Limited
36% - Industry AVG
Profitability
an operating margin of -85.7% make it less profitable than the average company (5.3%)
-85.7% - Plate Newco 3 Limited
5.3% - Industry AVG
Employees
with 195 employees, this is above the industry average (104)
195 - Plate Newco 3 Limited
104 - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has a higher pay structure (£41.8k)
£52.7k - Plate Newco 3 Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £157k, this is equally as efficient (£178.7k)
£157k - Plate Newco 3 Limited
£178.7k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (47 days)
74 days - Plate Newco 3 Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 314 days, this is slower than average (47 days)
314 days - Plate Newco 3 Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (43 days)
20 days - Plate Newco 3 Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Plate Newco 3 Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.2%, this is a higher level of debt than the average (69.5%)
112.2% - Plate Newco 3 Limited
69.5% - Industry AVG
PLATE NEWCO 3 LIMITED financials
EXPORT
Plate Newco 3 Limited's latest turnover from December 2022 is £30.6 million and the company has net assets of -£25 million. According to their latest financial statements, Plate Newco 3 Limited has 195 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Turnover
30,614,594
Other Income Or Grants
Cost Of Sales
13,350,725
Gross Profit
17,263,869
Admin Expenses
43,494,783
Operating Profit
-26,230,914
Interest Payable
22,865,035
Interest Receivable
Pre-Tax Profit
-39,438,349
Tax
-76,728
Profit After Tax
-39,515,077
Dividends Paid
Retained Profit
-39,515,077
Employee Costs
10,281,593
Number Of Employees
195
EBITDA*
-7,969,578
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Tangible Assets
149,313,282
Intangible Assets
36,215,760
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
185,529,041
Stock & work in progress
767,283
Trade Debtors
6,214,993
Group Debtors
Misc Debtors
9,207,396
Cash
3,145,860
misc current assets
total current assets
19,335,533
total assets
204,864,574
Bank overdraft
Bank loan
Trade Creditors
11,509,246
Group/Directors Accounts
1
other short term finances
hp & lease commitments
1,074,196
other current liabilities
61,075,728
total current liabilities
73,659,173
loans
280,825,595
hp & lease commitments
1,841,479
Accruals and Deferred Income
other liabilities
14,808,562
provisions
1,994,934
total long term liabilities
156,218,829
total liabilities
229,878,002
net assets
-25,013,428
total shareholders funds
-25,013,427
Dec 2022
Operating Activities
Operating Profit
-26,230,914
Depreciation
13,427,453
Amortisation
4,833,883
Tax
-76,728
Stock
767,283
Debtors
15,422,389
Creditors
11,509,246
Accruals and Deferred Income
61,075,728
Deferred Taxes & Provisions
1,994,934
Cash flow from operations
50,343,930
Investing Activities
capital expenditure
-203,790,378
Change in Investments
cash flow from investments
-203,790,378
Financing Activities
Bank loans
Group/Directors Accounts
1
Other Short Term Loans
Long term loans
280,825,595
Hire Purchase and Lease Commitments
2,915,675
other long term liabilities
14,808,562
share issue
14,501,650
interest
-22,865,035
cash flow from financing
290,186,448
cash and cash equivalents
cash
3,145,860
overdraft
change in cash
3,145,860
plate newco 3 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 plate newco 3 limited. Get real-time insights into plate newco 3 limited's credit score, group structure and payment trends.
Perform a competitor analysis for plate newco 3 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W 8 area or any other competitors across 12 key performance metrics.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022
net assets
-25m
0%
total assets
204.9m
0%
cash
3.1m
0%
net assets
Total assets minus all liabilities
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plate newco 3 limited company details
company number
13965170
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
March 2022
age
3
incorporated
UK
ultimate parent company
HPS GROUP GP LLC
accounts
Group
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
BDO LLP
address
priory house 6 wrights lane, london, W8 6TA
Bank
-
Legal Advisor
-
plate newco 3 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 plate newco 3 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
plate newco 3 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.
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plate newco 3 limitedCompanies House Filings - See Documents
