biffa holdco limited

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biffa holdco limited Company Information

Share BIFFA HOLDCO LIMITED

Company Number

14171811

Shareholders

bears topco limited

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

coronation road cressex, high wycombe, bucks, HP12 3TZ

biffa holdco limited Estimated Valuation

£3.5b

Pomanda estimates the enterprise value of BIFFA HOLDCO LIMITED at £3.5b based on a Turnover of £2b and 1.75x industry multiple (adjusted for size and gross margin).

biffa holdco limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of BIFFA HOLDCO LIMITED at £1.1b based on an EBITDA of £149.4m and a 7.3x industry multiple (adjusted for size and gross margin).

biffa holdco limited Estimated Valuation

£635.7m

Pomanda estimates the enterprise value of BIFFA HOLDCO LIMITED at £635.7m based on Net Assets of £487.1m and 1.31x industry multiple (adjusted for liquidity).

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Biffa Holdco Limited Overview

Biffa Holdco Limited is a live company located in bucks, HP12 3TZ with a Companies House number of 14171811. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in June 2022, it's largest shareholder is bears topco limited with a 100% stake. Biffa Holdco Limited is a startup, mega sized company, Pomanda has estimated its turnover at £2b with unknown growth in recent years.

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Biffa Holdco Limited Health Check

Pomanda's financial health check has awarded Biffa Holdco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2b, make it larger than the average company (£19.1m)

£2b - Biffa Holdco Limited

£19.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Biffa Holdco Limited

- - Industry AVG

production

Production

with a gross margin of 16.3%, this company has a higher cost of product (34.9%)

16.3% - Biffa Holdco Limited

34.9% - Industry AVG

profitability

Profitability

an operating margin of -2.8% make it less profitable than the average company (4.6%)

-2.8% - Biffa Holdco Limited

4.6% - Industry AVG

employees

Employees

with 10982 employees, this is above the industry average (105)

10982 - Biffa Holdco Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.5k, the company has an equivalent pay structure (£44.5k)

£50.5k - Biffa Holdco Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £183.8k, this is equally as efficient (£190.5k)

£183.8k - Biffa Holdco Limited

£190.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is near the average (45 days)

44 days - Biffa Holdco Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (43 days)

57 days - Biffa Holdco Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is less than average (34 days)

9 days - Biffa Holdco Limited

34 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)

2 weeks - Biffa Holdco Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (68.7%)

81.6% - Biffa Holdco Limited

68.7% - Industry AVG

BIFFA HOLDCO LIMITED financials

EXPORTms excel logo

Biffa Holdco Limited's latest turnover from March 2024 is £2 billion and the company has net assets of £487.1 million. According to their latest financial statements, Biffa Holdco Limited has 10,982 employees and maintains cash reserves of £28.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Dec 2022
Turnover2,019,000,000
Other Income Or Grants
Cost Of Sales1,689,400,000
Gross Profit329,600,000
Admin Expenses385,700,000
Operating Profit-56,100,000
Interest Payable155,600,000
Interest Receivable58,200,000
Pre-Tax Profit-151,400,000
Tax19,600,000
Profit After Tax-131,800,000
Dividends Paid
Retained Profit-131,800,000
Employee Costs554,800,000
Number Of Employees10,9821
EBITDA*149,400,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Dec 2022
Tangible Assets900,400,0001
Intangible Assets1,355,400,000
Investments & Other176,200,0001
Debtors (Due After 1 year)82,400,000
Total Fixed Assets2,255,800,0001
Stock & work in progress41,800,000
Trade Debtors247,900,000
Group Debtors1
Misc Debtors65,900,000
Cash28,500,000
misc current assets
total current assets384,100,0001
total assets2,639,900,0002
Bank overdraft
Bank loan
Trade Creditors 264,900,000
Group/Directors Accounts
other short term finances108,900,000
hp & lease commitments58,100,000
other current liabilities182,000,0001
total current liabilities613,900,0001
loans2,454,000,000
hp & lease commitments204,300,000
Accruals and Deferred Income7,000,000
other liabilities3,600,000
provisions602,600,000
total long term liabilities1,538,900,000
total liabilities2,152,800,0001
net assets487,100,0001
total shareholders funds487,100,0001
Mar 2024Dec 2022
Operating Activities
Operating Profit-56,100,000
Depreciation127,600,000
Amortisation77,900,000
Tax19,600,000
Stock41,800,000
Debtors396,200,0001
Creditors264,900,000
Accruals and Deferred Income189,000,0001
Deferred Taxes & Provisions602,600,000
Cash flow from operations787,500,000
Investing Activities
capital expenditure-2,461,300,000-1
Change in Investments176,200,0001
cash flow from investments-2,637,500,000-2
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 108,900,000
Long term loans2,454,000,000
Hire Purchase and Lease Commitments262,400,000
other long term liabilities3,600,000
share issue618,900,0001
interest-97,400,000
cash flow from financing3,350,400,0001
cash and cash equivalents
cash28,500,000
overdraft
change in cash28,500,000

biffa holdco 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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Biffa Holdco Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for biffa holdco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in HP12 area or any other competitors across 12 key performance metrics.

biffa holdco limited Ownership

BIFFA HOLDCO LIMITED group structure

Biffa Holdco Limited has 1 subsidiary company.

Ultimate parent company

BEARS TOPCO LTD

#0143536

1 parent

BIFFA HOLDCO LIMITED

14171811

1 subsidiary

BIFFA HOLDCO LIMITED Shareholders

bears topco limited 100%

biffa holdco limited directors

Biffa Holdco Limited currently has 2 directors. The longest serving directors include Mr Michael Topham (Jul 2023) and Mr Marc Angell (Nov 2024).

officercountryagestartendrole
Mr Michael Topham52 years Jul 2023- Director
Mr Marc Angell44 years Nov 2024- Director

P&L

March 2024

turnover

2b

0%

operating profit

-56.1m

0%

gross margin

16.4%

0%

turnover

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

Balance Sheet

March 2024

net assets

487.1m

0%

total assets

2.6b

0%

cash

28.5m

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

biffa holdco limited company details

company number

14171811

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

June 2022

age

3

incorporated

UK

ultimate parent company

BEARS TOPCO LTD

accounts

Group

last accounts submitted

March 2024

previous names

bears holdco limited (July 2023)

accountant

-

auditor

DELOITTE LLP

address

coronation road cressex, high wycombe, bucks, HP12 3TZ

Bank

-

Legal Advisor

-

biffa holdco 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 biffa holdco limited.

biffa holdco 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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biffa holdco limited Companies House Filings - See Documents

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