pivot topco limited
pivot topco limited Company Information
Company Number
14266892
Website
-Registered Address
unit 25, bradmarsh business centre, rotherham, south yorkshire, S60 1BY
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
dermot clancy 37.5%
sati sian 22.8%
View Allpivot topco limited Estimated Valuation
Pomanda estimates the enterprise value of PIVOT TOPCO LIMITED at £7m based on a Turnover of £3.2m and 2.21x industry multiple (adjusted for size and gross margin).
pivot topco limited Estimated Valuation
Pomanda estimates the enterprise value of PIVOT TOPCO LIMITED at £0 based on an EBITDA of £-2m and a 8.47x industry multiple (adjusted for size and gross margin).
pivot topco limited Estimated Valuation
Pomanda estimates the enterprise value of PIVOT TOPCO LIMITED at £0 based on Net Assets of £-4.5m and 1.86x industry multiple (adjusted for liquidity).
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Pivot Topco Limited Overview
Pivot Topco Limited is a live company located in rotherham, S60 1BY with a Companies House number of 14266892. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2022, it's largest shareholder is dermot clancy with a 37.5% stake. Pivot Topco Limited is a startup, small sized company, Pomanda has estimated its turnover at £3.2m with unknown growth in recent years.
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Pivot Topco Limited Health Check
Pomanda's financial health check has awarded Pivot Topco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£18.1m)
£3.2m - Pivot Topco Limited
£18.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pivot Topco Limited
- - Industry AVG
Production
with a gross margin of 88.9%, this company has a lower cost of product (35.1%)
88.9% - Pivot Topco Limited
35.1% - Industry AVG
Profitability
an operating margin of -80.7% make it less profitable than the average company (5%)
-80.7% - Pivot Topco Limited
5% - Industry AVG
Employees
with 63 employees, this is below the industry average (105)
63 - Pivot Topco Limited
105 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has a lower pay structure (£41.8k)
£27.7k - Pivot Topco Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £50.4k, this is less efficient (£179.8k)
£50.4k - Pivot Topco Limited
£179.8k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (46 days)
101 days - Pivot Topco Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 153 days, this is slower than average (46 days)
153 days - Pivot Topco Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pivot Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (15 weeks)
18 weeks - Pivot Topco Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.3%, this is a higher level of debt than the average (69.1%)
112.3% - Pivot Topco Limited
69.1% - Industry AVG
PIVOT TOPCO LIMITED financials
Pivot Topco Limited's latest turnover from March 2023 is £3.2 million and the company has net assets of -£4.5 million. According to their latest financial statements, Pivot Topco Limited has 63 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | |
|---|---|
| Turnover | 3,173,000 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 352,000 |
| Gross Profit | 2,821,000 |
| Admin Expenses | 5,381,000 |
| Operating Profit | -2,560,000 |
| Interest Payable | 2,502,000 |
| Interest Receivable | 0 |
| Pre-Tax Profit | -5,062,000 |
| Tax | 108,000 |
| Profit After Tax | -4,954,000 |
| Dividends Paid | 0 |
| Retained Profit | -4,954,000 |
| Employee Costs | 1,742,000 |
| Number Of Employees | 63 |
| EBITDA* | -1,989,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | |
|---|---|
| Tangible Assets | 139,000 |
| Intangible Assets | 32,542,000 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 32,681,000 |
| Stock & work in progress | 0 |
| Trade Debtors | 879,000 |
| Group Debtors | 0 |
| Misc Debtors | 154,000 |
| Cash | 2,503,000 |
| misc current assets | 0 |
| total current assets | 3,536,000 |
| total assets | 36,217,000 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 148,000 |
| Group/Directors Accounts | 0 |
| other short term finances | 4,540,000 |
| hp & lease commitments | 0 |
| other current liabilities | 2,521,000 |
| total current liabilities | 7,209,000 |
| loans | 24,178,000 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 1,830,000 |
| other liabilities | 5,325,000 |
| provisions | 2,130,000 |
| total long term liabilities | 33,463,000 |
| total liabilities | 40,672,000 |
| net assets | -4,455,000 |
| total shareholders funds | -4,455,000 |
| Mar 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -2,560,000 |
| Depreciation | 15,000 |
| Amortisation | 556,000 |
| Tax | 108,000 |
| Stock | 0 |
| Debtors | 1,033,000 |
| Creditors | 148,000 |
| Accruals and Deferred Income | 4,351,000 |
| Deferred Taxes & Provisions | 2,130,000 |
| Cash flow from operations | 3,715,000 |
| Investing Activities | |
| capital expenditure | 0 |
| Change in Investments | 0 |
| cash flow from investments | 0 |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 4,540,000 |
| Long term loans | 24,178,000 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 5,325,000 |
| share issue | |
| interest | -2,502,000 |
| cash flow from financing | 32,040,000 |
| cash and cash equivalents | |
| cash | 2,503,000 |
| overdraft | 0 |
| change in cash | 2,503,000 |
pivot topco limited Credit Report and Business Information
Pivot Topco Limited Competitor Analysis
Perform a competitor analysis for pivot topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in S60 area or any other competitors across 12 key performance metrics.
pivot topco limited Ownership
PIVOT TOPCO LIMITED group structure
Pivot Topco Limited has 1 subsidiary company.
pivot topco limited directors
Pivot Topco Limited currently has 4 directors. The longest serving directors include Miss Katie Beckingham (Aug 2022) and Mr Dermot Clancy (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Katie Beckingham | England | 29 years | Aug 2022 | - | Director |
| Mr Dermot Clancy | England | 43 years | Sep 2022 | - | Director |
| Mr Satwinder Sian | England | 60 years | Sep 2022 | - | Director |
| Mr Kishan Chotai | United Kingdom | 34 years | Jun 2023 | - | Director |
P&L
March 2023turnover
3.2m
0%
operating profit
-2.6m
0%
gross margin
89%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-4.5m
0%
total assets
36.2m
0%
cash
2.5m
0%
net assets
Total assets minus all liabilities
Similar Companies
pivot topco limited company details
company number
14266892
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
August 2022
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
unit 25, bradmarsh business centre, rotherham, south yorkshire, S60 1BY
Bank
HSBC BANK PLC
Legal Advisor
CMS CAMERON MCKENNA NABARRO OLSWANG LLP
pivot 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 pivot topco limited.
pivot topco limited Companies House Filings - See Documents
| date | description | view/download |
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