workdry international topco limited
workdry international topco limited Company Information
Company Number
14206023
Website
-Registered Address
32-36 bournemouth road, chandler's ford, eastleigh, SO53 3ZL
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
aeif 3 lh sub 03 s.a.r.l 42.2%
marie james (uk) limited 31.1%
View Allworkdry international topco limited Estimated Valuation
Pomanda estimates the enterprise value of WORKDRY INTERNATIONAL TOPCO LIMITED at £806.5m based on a Turnover of £205.8m and 3.92x industry multiple (adjusted for size and gross margin).
workdry international topco limited Estimated Valuation
Pomanda estimates the enterprise value of WORKDRY INTERNATIONAL TOPCO LIMITED at £1.2b based on an EBITDA of £82.6m and a 14.86x industry multiple (adjusted for size and gross margin).
workdry international topco limited Estimated Valuation
Pomanda estimates the enterprise value of WORKDRY INTERNATIONAL TOPCO LIMITED at £232.2m based on Net Assets of £135.8m and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Workdry International Topco Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Workdry International Topco Limited Overview
Workdry International Topco Limited is a live company located in eastleigh, SO53 3ZL with a Companies House number of 14206023. 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 aeif 3 lh sub 03 s.a.r.l with a 42.2% stake. Workdry International Topco Limited is a startup, mega sized company, Pomanda has estimated its turnover at £205.8m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Workdry International Topco Limited Health Check
Pomanda's financial health check has awarded Workdry International Topco Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £205.8m, make it larger than the average company (£19.5m)
£205.8m - Workdry International Topco Limited
£19.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Workdry International Topco Limited
- - Industry AVG
Production
with a gross margin of 59.5%, this company has a lower cost of product (35.9%)
59.5% - Workdry International Topco Limited
35.9% - Industry AVG
Profitability
an operating margin of 22.7% make it more profitable than the average company (4.5%)
22.7% - Workdry International Topco Limited
4.5% - Industry AVG
Employees
with 656 employees, this is above the industry average (109)
656 - Workdry International Topco Limited
109 - Industry AVG
Pay Structure
on an average salary of £74.3k, the company has a higher pay structure (£44.3k)
£74.3k - Workdry International Topco Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £313.8k, this is more efficient (£190.4k)
£313.8k - Workdry International Topco Limited
£190.4k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (46 days)
69 days - Workdry International Topco Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (45 days)
43 days - Workdry International Topco Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is more than average (37 days)
51 days - Workdry International Topco Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (14 weeks)
23 weeks - Workdry International Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.1%, this is a similar level of debt than the average (69.7%)
69.1% - Workdry International Topco Limited
69.7% - Industry AVG
workdry international topco limited Credit Report and Business Information
Workdry International Topco Limited Competitor Analysis
Perform a competitor analysis for workdry international topco limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
workdry international topco limited Ownership
WORKDRY INTERNATIONAL TOPCO LIMITED group structure
Workdry International Topco Limited has 1 subsidiary company.
Ultimate parent company
WORKDRY INTERNATIONAL TOPCO LIMITED
14206023
1 subsidiary
workdry international topco limited directors
Workdry International Topco Limited currently has 5 directors. The longest serving directors include Mr Jordan Cott (Jun 2022) and Mr Jacob Woolfstein (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jordan Cott | England | 36 years | Jun 2022 | - | Director |
| Mr Jacob Woolfstein | England | 31 years | Sep 2022 | - | Director |
| Mr Richard Bright | England | 36 years | Sep 2022 | - | Director |
| Mr Ian Harding | England | 49 years | Oct 2022 | - | Director |
| Mr Daniel Lee | England | 37 years | Apr 2024 | - | Director |
WORKDRY INTERNATIONAL TOPCO LIMITED financials
Workdry International Topco Limited's latest turnover from December 2023 is £205.8 million and the company has net assets of £135.8 million. According to their latest financial statements, Workdry International Topco Limited has 656 employees and maintains cash reserves of £18.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| Turnover | 205,849,000 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 83,365,000 |
| Gross Profit | 122,484,000 |
| Admin Expenses | 75,698,000 |
| Operating Profit | 46,786,000 |
| Interest Payable | 27,086,000 |
| Interest Receivable | 4,000 |
| Pre-Tax Profit | 19,480,000 |
| Tax | -9,713,000 |
| Profit After Tax | 9,767,000 |
| Dividends Paid | 22,361,000 |
| Retained Profit | -12,594,000 |
| Employee Costs | 48,712,000 |
| Number Of Employees | 656 |
| EBITDA* | 82,648,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 89,008,000 |
| Intangible Assets | 272,716,000 |
| Investments & Other | 229,000 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 361,953,000 |
| Stock & work in progress | 11,810,000 |
| Trade Debtors | 39,299,000 |
| Group Debtors | 0 |
| Misc Debtors | 7,854,000 |
| Cash | 18,375,000 |
| misc current assets | 0 |
| total current assets | 77,338,000 |
| total assets | 439,291,000 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 10,000,000 |
| Group/Directors Accounts | 0 |
| other short term finances | 100,000 |
| hp & lease commitments | 0 |
| other current liabilities | 30,535,000 |
| total current liabilities | 40,635,000 |
| loans | 256,452,000 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 788,000 |
| provisions | 5,458,000 |
| total long term liabilities | 262,875,000 |
| total liabilities | 303,510,000 |
| net assets | 135,781,000 |
| total shareholders funds | 135,781,000 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | 46,786,000 |
| Depreciation | 17,249,000 |
| Amortisation | 18,613,000 |
| Tax | -9,713,000 |
| Stock | 11,810,000 |
| Debtors | 47,153,000 |
| Creditors | 10,000,000 |
| Accruals and Deferred Income | 30,535,000 |
| Deferred Taxes & Provisions | 5,458,000 |
| Cash flow from operations | 59,965,000 |
| Investing Activities | |
| capital expenditure | 0 |
| Change in Investments | 229,000 |
| cash flow from investments | -229,000 |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 100,000 |
| Long term loans | 256,452,000 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 788,000 |
| share issue | |
| interest | -27,082,000 |
| cash flow from financing | 378,633,000 |
| cash and cash equivalents | |
| cash | 18,375,000 |
| overdraft | 0 |
| change in cash | 18,375,000 |
P&L
December 2023turnover
205.8m
0%
operating profit
46.8m
0%
gross margin
59.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
135.8m
0%
total assets
439.3m
0%
cash
18.4m
0%
net assets
Total assets minus all liabilities
Similar Companies
workdry international topco limited company details
company number
14206023
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
2
accounts
Group
ultimate parent company
previous names
bird topco limited (October 2022)
incorporated
UK
address
32-36 bournemouth road, chandler's ford, eastleigh, SO53 3ZL
last accounts submitted
December 2023
workdry international 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 workdry international topco limited.
workdry international topco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
