elmo midco limited
elmo midco limited Company Information
Company Number
14888912
Next Accounts
Sep 2025
Shareholders
azure topco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
units 2 & 3, three rivers busine, felixstowe road, ipswich, IP10 0BF
Website
-elmo midco limited Estimated Valuation
Pomanda estimates the enterprise value of ELMO MIDCO LIMITED at £100.6m based on a Turnover of £30.5m and 3.3x industry multiple (adjusted for size and gross margin).
elmo midco limited Estimated Valuation
Pomanda estimates the enterprise value of ELMO MIDCO LIMITED at £157.4m based on an EBITDA of £11.4m and a 13.79x industry multiple (adjusted for size and gross margin).
elmo midco limited Estimated Valuation
Pomanda estimates the enterprise value of ELMO MIDCO LIMITED at £87.6m based on Net Assets of £67.1m and 1.31x industry multiple (adjusted for liquidity).
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Elmo Midco Limited Overview
Elmo Midco Limited is a live company located in ipswich, IP10 0BF with a Companies House number of 14888912. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2023, it's largest shareholder is azure topco limited with a 100% stake. Elmo Midco Limited is a startup, large sized company, Pomanda has estimated its turnover at £30.5m with unknown growth in recent years.
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Elmo Midco Limited Health Check
Pomanda's financial health check has awarded Elmo Midco Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 0 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
0 Weak
Size
annual sales of £30.5m, make it larger than the average company (£18.9m)
£30.5m - Elmo Midco Limited
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Elmo Midco Limited
- - Industry AVG
Production
with a gross margin of 87.2%, this company has a lower cost of product (36.3%)
87.2% - Elmo Midco Limited
36.3% - Industry AVG
Profitability
an operating margin of 6.7% make it more profitable than the average company (4.5%)
6.7% - Elmo Midco Limited
4.5% - Industry AVG
Employees
with 87 employees, this is similar to the industry average (104)
87 - Elmo Midco Limited
104 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£44.7k)
£41.2k - Elmo Midco Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £350.3k, this is more efficient (£191k)
£350.3k - Elmo Midco Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (45 days)
40 days - Elmo Midco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 902 days, this is slower than average (44 days)
902 days - Elmo Midco Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Elmo Midco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (14 weeks)
57 weeks - Elmo Midco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.7%, this is a similar level of debt than the average (69.6%)
66.7% - Elmo Midco Limited
69.6% - Industry AVG
ELMO MIDCO LIMITED financials
Elmo Midco Limited's latest turnover from December 2023 is £30.5 million and the company has net assets of £67.1 million. According to their latest financial statements, Elmo Midco Limited has 87 employees and maintains cash reserves of £26 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| Turnover | 30,472,077 |
| Other Income Or Grants | |
| Cost Of Sales | 3,887,034 |
| Gross Profit | 26,585,043 |
| Admin Expenses | 24,530,775 |
| Operating Profit | 2,054,268 |
| Interest Payable | 5,371,755 |
| Interest Receivable | 330,440 |
| Pre-Tax Profit | -2,987,047 |
| Tax | -211,197 |
| Profit After Tax | -3,198,244 |
| Dividends Paid | |
| Retained Profit | -3,198,244 |
| Employee Costs | 3,584,500 |
| Number Of Employees | 87 |
| EBITDA* | 11,413,060 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 87,124 |
| Intangible Assets | 168,905,601 |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 168,992,725 |
| Stock & work in progress | |
| Trade Debtors | 3,341,256 |
| Group Debtors | 53,793 |
| Misc Debtors | 3,147,284 |
| Cash | 25,999,919 |
| misc current assets | |
| total current assets | 32,542,252 |
| total assets | 201,534,977 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 9,607,284 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 13,969,478 |
| total current liabilities | 23,576,762 |
| loans | 88,239,593 |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | 22,597,529 |
| total long term liabilities | 110,837,122 |
| total liabilities | 134,413,884 |
| net assets | 67,121,093 |
| total shareholders funds | 67,121,093 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | 2,054,268 |
| Depreciation | 30,976 |
| Amortisation | 9,327,816 |
| Tax | -211,197 |
| Stock | |
| Debtors | 6,542,333 |
| Creditors | 9,607,284 |
| Accruals and Deferred Income | 13,969,478 |
| Deferred Taxes & Provisions | 22,597,529 |
| Cash flow from operations | 50,833,821 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| Other Short Term Loans | |
| Long term loans | 88,239,593 |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | -5,041,315 |
| cash flow from financing | 153,517,615 |
| cash and cash equivalents | |
| cash | 25,999,919 |
| overdraft | |
| change in cash | 25,999,919 |
elmo midco limited Credit Report and Business Information
Elmo Midco Limited Competitor Analysis
Perform a competitor analysis for elmo midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in IP10 area or any other competitors across 12 key performance metrics.
elmo midco limited Ownership
ELMO MIDCO LIMITED group structure
Elmo Midco Limited has 2 subsidiary companies.
Ultimate parent company
AZURE TOPCO LTD
#0153648
1 parent
ELMO MIDCO LIMITED
14888912
2 subsidiaries
elmo midco limited directors
Elmo Midco Limited currently has 2 directors. The longest serving directors include Ms Sinead O'Gorman (Jun 2023) and Mr Niall Walsh (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sinead O'Gorman | United Kingdom | 51 years | Jun 2023 | - | Director |
| Mr Niall Walsh | England | 42 years | Jun 2023 | - | Director |
P&L
December 2023turnover
30.5m
0%
operating profit
2.1m
0%
gross margin
87.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
67.1m
0%
total assets
201.5m
0%
cash
26m
0%
net assets
Total assets minus all liabilities
Similar Companies
elmo midco limited company details
company number
14888912
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
May 2023
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
units 2 & 3, three rivers busine, felixstowe road, ipswich, IP10 0BF
Bank
-
Legal Advisor
-
elmo midco 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 elmo midco limited.
elmo midco 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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elmo midco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
