Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
unit 441 metal box factory, great guildford street, london, SE1 0HS
Website
-
lace topco limitedEstimated Valuation
£16.9m
Pomanda estimates the enterprise value of LACE TOPCO LIMITED at £16.9m based on a Turnover of £10.8m and 1.57x industry multiple (adjusted for size and gross margin).
lace topco limitedEstimated Valuation
£3.9m
Pomanda estimates the enterprise value of LACE TOPCO LIMITED at £3.9m based on an EBITDA of £595.4k and a 6.61x industry multiple (adjusted for size and gross margin).
lace topco limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of LACE TOPCO LIMITED at £0 based on Net Assets of £-1.3m and 1.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lace Topco LimitedOverview
Lace Topco Limited is a live company located in london, SE1 0HS with a Companies House number of 14499418. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2022, it's largest shareholder is
nominees of mobeus v lp
with a 38.5% stake. Lace Topco Limited is a startup,
mid sized company, Pomanda has estimated its turnover at
£10.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Lace Topco Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
0 Regular
8 Weak
Size
annual sales of £10.8m, make it smaller than the average company (£18.8m)
£10.8m - Lace Topco Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Lace Topco Limited
- - Industry AVG
Production
with a gross margin of 52.3%, this company has a lower cost of product (34.8%)
52.3% - Lace Topco Limited
34.8% - Industry AVG
Profitability
an operating margin of -15.9% make it less profitable than the average company (4.6%)
-15.9% - Lace Topco Limited
4.6% - Industry AVG
Employees
with 70 employees, this is below the industry average (102)
70 - Lace Topco Limited
102 - Industry AVG
Pay Structure
on an average salary of £77.8k, the company has a higher pay structure (£43k)
£77.8k - Lace Topco Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £153.8k, this is less efficient (£186.3k)
£153.8k - Lace Topco Limited
£186.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (45 days)
57 days - Lace Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (45 days)
27 days - Lace Topco Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lace Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26 weeks, this is more cash available to meet short term requirements (14 weeks)
26 weeks - Lace Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.5%, this is a higher level of debt than the average (69%)
104.5% - Lace Topco Limited
69% - Industry AVG
LACE TOPCO LIMITED financials
EXPORT
Lace Topco Limited's latest turnover from November 2023 is £10.8 million and the company has net assets of -£1.3 million. According to their latest financial statements, Lace Topco Limited has 70 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Turnover
10,764,398
Other Income Or Grants
Cost Of Sales
5,132,333
Gross Profit
5,632,065
Admin Expenses
7,345,574
Operating Profit
-1,713,509
Interest Payable
1,869,712
Interest Receivable
39,978
Pre-Tax Profit
-3,543,243
Tax
2,181,983
Profit After Tax
-1,361,260
Dividends Paid
Retained Profit
-1,361,260
Employee Costs
5,445,031
Number Of Employees
70
EBITDA*
595,351
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Tangible Assets
70,127
Intangible Assets
21,522,533
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
21,592,660
Stock & work in progress
Trade Debtors
1,690,359
Group Debtors
Misc Debtors
2,964,640
Cash
1,774,477
misc current assets
total current assets
6,429,476
total assets
28,022,136
Bank overdraft
Bank loan
Trade Creditors
381,253
Group/Directors Accounts
other short term finances
91,890
hp & lease commitments
other current liabilities
3,066,128
total current liabilities
3,539,271
loans
23,681,694
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,069,859
provisions
2,072
total long term liabilities
25,753,625
total liabilities
29,292,896
net assets
-1,270,760
total shareholders funds
-1,270,760
Nov 2023
Operating Activities
Operating Profit
-1,713,509
Depreciation
11,090
Amortisation
2,297,770
Tax
2,181,983
Stock
Debtors
4,654,999
Creditors
381,253
Accruals and Deferred Income
3,066,128
Deferred Taxes & Provisions
2,072
Cash flow from operations
1,571,788
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
91,890
Long term loans
23,681,694
Hire Purchase and Lease Commitments
other long term liabilities
2,069,859
share issue
90,500
interest
-1,829,734
cash flow from financing
24,104,209
cash and cash equivalents
cash
1,774,477
overdraft
change in cash
1,774,477
lace topco 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 lace topco limited. Get real-time insights into lace topco limited's credit score, group structure and payment trends.
Perform a competitor analysis for lace topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
lace topco limited Ownership
LACE TOPCO LIMITED group structure
Lace Topco Limited has no subsidiary companies.
Ultimate parent company
LACE TOPCO LIMITED
14499418
LACE TOPCO LIMITED Shareholders
The largest shareholders in Lace Topco Limited include Nominees Of Mobeus V Lp and Aaron Alburey.
nominees of mobeus v lp
38.47%
aaron alburey
32.78%
cathy acratopulo
17.36%
rebecca grattan
2.13%
elizabeth sanders
2.03%
emma leonis
1.87%
rebecca roberts
1.33%
emma taylor
1.31%
chris howard
0.84%
sian beacham
0.75%
lace topco limited directors
Lace Topco Limited currently has 5 directors.
The longest serving directors include
Ms Rebecca Grattan (Jan 2023) and
Mr Guy Blackburn (Jan 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023
net assets
-1.3m
0%
total assets
28m
0%
cash
1.8m
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
lace topco limited company details
company number
14499418
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
November 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
HAYSMACINTYRE LLP
address
unit 441 metal box factory, great guildford street, london, SE1 0HS
Bank
-
Legal Advisor
-
lace 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 found 1 charges/mortgages relating to lace topco limited. Currently there are 1 open charges and 0 have been satisfied in the past.
lace topco 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.
Click to start generating capital raising & share issue transactions for LACE TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
lace topco limitedCompanies House Filings - See Documents
