sumer group bidco limited
sumer group bidco limited Company Information
Company Number
14257156
Website
-Registered Address
the beehive beehive ring road, london gatwick airport, gatwick, RH6 0PA
Industry
Activities of financial services holding companies
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
sumer group midco 2 limited 100%
sumer group bidco limited Estimated Valuation
Pomanda estimates the enterprise value of SUMER GROUP BIDCO LIMITED at £0 based on a Turnover of £0 and 1.1x industry multiple (adjusted for size and gross margin).
sumer group bidco limited Estimated Valuation
Pomanda estimates the enterprise value of SUMER GROUP BIDCO LIMITED at £0 based on an EBITDA of £-1.4m and a 4.44x industry multiple (adjusted for size and gross margin).
sumer group bidco limited Estimated Valuation
Pomanda estimates the enterprise value of SUMER GROUP BIDCO LIMITED at £0 based on Net Assets of £-777.1k and 1.82x industry multiple (adjusted for liquidity).
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Sumer Group Bidco Limited Overview
Sumer Group Bidco Limited is a live company located in gatwick, RH6 0PA with a Companies House number of 14257156. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in July 2022, it's largest shareholder is sumer group midco 2 limited with a 100% stake. Sumer Group Bidco Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Sumer Group Bidco Limited Health Check
Pomanda's financial health check has awarded Sumer Group Bidco Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Bidco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sumer Group Bidco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Bidco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Bidco Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (65)
- Sumer Group Bidco Limited
- - Industry AVG
Pay Structure
on an average salary of £79.7k, the company has an equivalent pay structure (£79.7k)
- Sumer Group Bidco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Sumer Group Bidco Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sumer Group Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (29 weeks)
- - Sumer Group Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 114.5%, this is a higher level of debt than the average (59.5%)
- - Sumer Group Bidco Limited
- - Industry AVG
SUMER GROUP BIDCO LIMITED financials
Sumer Group Bidco Limited's latest turnover from June 2023 is 0 and the company has net assets of -£777.1 thousand. According to their latest financial statements, we estimate that Sumer Group Bidco Limited has 1 employee and maintains cash reserves of £735.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | |
|---|---|
| Turnover | 0 |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | -1,398,180 |
| Interest Payable | 359,350 |
| Interest Receivable | 335,429 |
| Pre-Tax Profit | -1,422,101 |
| Tax | 0 |
| Profit After Tax | -1,422,101 |
| Dividends Paid | 0 |
| Retained Profit | -1,422,101 |
| Employee Costs | |
| Number Of Employees | |
| EBITDA* | -1,397,896 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | 6,290 |
| Intangible Assets | 0 |
| Investments & Other | 535,052 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 541,342 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 12,746 |
| Misc Debtors | 4,069,377 |
| Cash | 735,297 |
| misc current assets | 0 |
| total current assets | 4,817,420 |
| total assets | 5,358,762 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 266,863 |
| Group/Directors Accounts | 1,817,597 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 4,051,402 |
| total current liabilities | 6,135,862 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 6,135,862 |
| net assets | -777,100 |
| total shareholders funds | -777,100 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -1,398,180 |
| Depreciation | 284 |
| Amortisation | 0 |
| Tax | 0 |
| Stock | 0 |
| Debtors | 4,082,123 |
| Creditors | 266,863 |
| Accruals and Deferred Income | 4,051,402 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | -1,161,754 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 535,052 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 1,817,597 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | -23,921 |
| cash flow from financing | 2,438,677 |
| cash and cash equivalents | |
| cash | 735,297 |
| overdraft | 0 |
| change in cash | 735,297 |
sumer group bidco limited Credit Report and Business Information
Sumer Group Bidco Limited Competitor Analysis
Perform a competitor analysis for sumer group bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other startup companies, companies in RH6 area or any other competitors across 12 key performance metrics.
sumer group bidco limited Ownership
SUMER GROUP BIDCO LIMITED group structure
Sumer Group Bidco Limited has 21 subsidiary companies.
Ultimate parent company
2 parents
SUMER GROUP BIDCO LIMITED
14257156
21 subsidiaries
sumer group bidco limited directors
Sumer Group Bidco Limited currently has 3 directors. The longest serving directors include Mr Gareth Libbey (Feb 2023) and Mr Nigel Carr (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Libbey | United Kingdom | 41 years | Feb 2023 | - | Director |
| Mr Nigel Carr | United Kingdom | 61 years | Feb 2023 | - | Director |
| Mr Warren Mead | United Kingdom | 50 years | Apr 2023 | - | Director |
P&L
June 2023turnover
0
0%
operating profit
-1.4m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-777.1k
0%
total assets
5.4m
0%
cash
735.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
sumer group bidco limited company details
company number
14257156
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
July 2022
age
2
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
the beehive beehive ring road, london gatwick airport, gatwick, RH6 0PA
Bank
-
Legal Advisor
-
sumer group 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 sumer group bidco limited. Currently there are 2 open charges and 0 have been satisfied in the past.
sumer group bidco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
