kbs house 5 springfield court, summerfield road, bolton, BL3 2NT
Website
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shin bidco limitedEstimated Valuation
£160m
Pomanda estimates the enterprise value of SHIN BIDCO LIMITED at £160m based on a Turnover of £89.8m and 1.78x industry multiple (adjusted for size and gross margin).
shin bidco limitedEstimated Valuation
£152.9m
Pomanda estimates the enterprise value of SHIN BIDCO LIMITED at £152.9m based on an EBITDA of £13m and a 11.74x industry multiple (adjusted for size and gross margin).
shin bidco limitedEstimated Valuation
£301.7m
Pomanda estimates the enterprise value of SHIN BIDCO LIMITED at £301.7m based on Net Assets of £153.8m and 1.96x industry multiple (adjusted for liquidity).
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Shin Bidco LimitedOverview
Shin Bidco Limited is a live company located in bolton, BL3 2NT with a Companies House number of 14516615. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 2022, it's largest shareholder is
shin holdco limited
with a 100% stake. Shin Bidco Limited is a startup,
large sized company, Pomanda has estimated its turnover at
£89.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Shin Bidco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
5 Strong
0 Regular
5 Weak
Size
annual sales of £89.8m, make it larger than the average company (£937.6k)
£89.8m - Shin Bidco Limited
£937.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Shin Bidco Limited
- - Industry AVG
Production
with a gross margin of 55%, this company has a lower cost of product (40.6%)
55% - Shin Bidco Limited
40.6% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (6%)
4.1% - Shin Bidco Limited
6% - Industry AVG
Employees
with 669 employees, this is above the industry average (14)
669 - Shin Bidco Limited
14 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has a higher pay structure (£31.9k)
£76.7k - Shin Bidco Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £134.2k, this is more efficient (£90.6k)
£134.2k - Shin Bidco Limited
£90.6k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (30 days)
147 days - Shin Bidco Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 220 days, this is slower than average (38 days)
220 days - Shin Bidco Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Shin Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is less cash available to meet short term requirements (47 weeks)
13 weeks - Shin Bidco Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.1%, this is a higher level of debt than the average (43%)
50.1% - Shin Bidco Limited
43% - Industry AVG
SHIN BIDCO LIMITED financials
EXPORT
Shin Bidco Limited's latest turnover from May 2024 is £89.8 million and the company has net assets of £153.8 million. According to their latest financial statements, Shin Bidco Limited has 669 employees and maintains cash reserves of £6.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
Turnover
89,757,000
27,685,000
Other Income Or Grants
Cost Of Sales
40,360,000
9,556,000
Gross Profit
49,397,000
18,129,000
Admin Expenses
45,706,000
17,158,000
Operating Profit
3,691,000
971,000
Interest Payable
15,940,000
3,627,000
Interest Receivable
Pre-Tax Profit
-12,249,000
-2,656,000
Tax
1,454,000
-365,000
Profit After Tax
-10,795,000
-3,021,000
Dividends Paid
71,000
Retained Profit
-10,866,000
-3,021,000
Employee Costs
51,290,000
15,725,000
Number Of Employees
669
579
EBITDA*
13,027,000
3,930,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
Tangible Assets
1,229,000
1,051,000
Intangible Assets
262,485,000
270,621,000
Investments & Other
52,000
Debtors (Due After 1 year)
Total Fixed Assets
263,714,000
271,672,000
Stock & work in progress
Trade Debtors
36,216,000
32,210,000
Group Debtors
Misc Debtors
Cash
6,916,000
13,661,000
misc current assets
total current assets
44,516,000
45,871,000
total assets
308,230,000
317,543,000
Bank overdraft
Bank loan
Trade Creditors
24,367,000
30,749,000
Group/Directors Accounts
other short term finances
689,000
2,008,000
hp & lease commitments
976,000
894,000
other current liabilities
1,113,000
2,582,000
total current liabilities
27,145,000
36,233,000
loans
240,714,000
217,472,000
hp & lease commitments
3,101,000
1,903,000
Accruals and Deferred Income
other liabilities
59,000
provisions
13,772,000
16,002,000
total long term liabilities
127,302,000
116,737,000
total liabilities
154,447,000
152,970,000
net assets
153,783,000
164,552,000
total shareholders funds
153,783,000
164,552,000
May 2024
May 2023
Operating Activities
Operating Profit
3,691,000
971,000
Depreciation
607,000
482,000
Amortisation
8,729,000
2,477,000
Tax
1,454,000
-365,000
Stock
Debtors
4,006,000
32,210,000
Creditors
-6,382,000
30,749,000
Accruals and Deferred Income
-1,469,000
2,582,000
Deferred Taxes & Provisions
-2,230,000
16,002,000
Cash flow from operations
394,000
20,688,000
Investing Activities
capital expenditure
-1,378,000
-274,631,000
Change in Investments
52,000
cash flow from investments
-1,430,000
-274,631,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-1,319,000
2,008,000
Long term loans
23,242,000
217,472,000
Hire Purchase and Lease Commitments
1,280,000
2,797,000
other long term liabilities
59,000
share issue
97,000
167,573,000
interest
-15,940,000
-3,627,000
cash flow from financing
7,419,000
386,223,000
cash and cash equivalents
cash
-6,745,000
13,661,000
overdraft
change in cash
-6,745,000
13,661,000
shin bidco 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 shin bidco limited. Get real-time insights into shin bidco limited's credit score, group structure and payment trends.
Perform a competitor analysis for shin bidco limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other large companies, companies in BL3 area or any other competitors across 12 key performance metrics.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
153.8m
-0.07%
total assets
308.2m
-0.03%
cash
6.9m
-0.49%
net assets
Total assets minus all liabilities
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shin bidco limited company details
company number
14516615
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
November 2022
age
3
incorporated
UK
ultimate parent company
NIH VIII SHIN HOLDINGS SARL
accounts
Group
last accounts submitted
May 2024
previous names
N/A
accountant
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auditor
BDO LLP
address
kbs house 5 springfield court, summerfield road, bolton, BL3 2NT
Bank
-
Legal Advisor
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shin 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 1 charges/mortgages relating to shin bidco limited. Currently there are 1 open charges and 0 have been satisfied in the past.
shin bidco 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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shin bidco limitedCompanies House Filings - See Documents
