Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
unit 1 mallusk view, central park, newtonabbey, BT36 4FR
Website
-
refresh holdco ltdEstimated Valuation
£21.4m
Pomanda estimates the enterprise value of REFRESH HOLDCO LTD at £21.4m based on a Turnover of £15.2m and 1.4x industry multiple (adjusted for size and gross margin).
refresh holdco ltdEstimated Valuation
£9.5m
Pomanda estimates the enterprise value of REFRESH HOLDCO LTD at £9.5m based on an EBITDA of £1.6m and a 5.92x industry multiple (adjusted for size and gross margin).
refresh holdco ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of REFRESH HOLDCO LTD at £0 based on Net Assets of £-9.3m and 1.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Refresh Holdco LtdOverview
Refresh Holdco Ltd is a live company located in newtonabbey, BT36 4FR with a Companies House number of NI685232. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2022, it's largest shareholder is
mml growth capital partners ireland fund ii lp
with a 38.7% stake. Refresh Holdco Ltd is a startup,
mid sized company, Pomanda has estimated its turnover at
£15.2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Refresh Holdco Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £15.2m, make it smaller than the average company (£19.3m)
£15.2m - Refresh Holdco Ltd
£19.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Refresh Holdco Ltd
- - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (34.9%)
37.1% - Refresh Holdco Ltd
34.9% - Industry AVG
Profitability
an operating margin of -9.7% make it less profitable than the average company (4.4%)
-9.7% - Refresh Holdco Ltd
4.4% - Industry AVG
Employees
with 150 employees, this is above the industry average (106)
150 - Refresh Holdco Ltd
106 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£45k)
£38.3k - Refresh Holdco Ltd
£45k - Industry AVG
Efficiency
resulting in sales per employee of £101.5k, this is less efficient (£192.8k)
£101.5k - Refresh Holdco Ltd
£192.8k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (44 days)
92 days - Refresh Holdco Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (43 days)
99 days - Refresh Holdco Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is less than average (36 days)
28 days - Refresh Holdco Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is more cash available to meet short term requirements (13 weeks)
34 weeks - Refresh Holdco Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.5%, this is a higher level of debt than the average (68.6%)
132.5% - Refresh Holdco Ltd
68.6% - Industry AVG
REFRESH HOLDCO LTD financials
EXPORT
Refresh Holdco Ltd's latest turnover from May 2024 is £15.2 million and the company has net assets of -£9.3 million. According to their latest financial statements, Refresh Holdco Ltd has 150 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
Turnover
15,228,455
18,534,609
Other Income Or Grants
Cost Of Sales
9,586,969
11,748,142
Gross Profit
5,641,486
6,786,467
Admin Expenses
7,123,240
10,100,918
Operating Profit
-1,481,754
-3,314,451
Interest Payable
3,095,129
2,944,867
Interest Receivable
Pre-Tax Profit
-4,576,883
-6,259,318
Tax
761,414
289,222
Profit After Tax
-3,815,469
-5,970,096
Dividends Paid
Retained Profit
-3,815,469
-5,970,096
Employee Costs
5,742,866
4,562,775
Number Of Employees
150
122
EBITDA*
1,598,695
2,365,710
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
Tangible Assets
669,892
744,384
Intangible Assets
18,461,559
21,054,215
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
19,131,451
21,798,599
Stock & work in progress
746,092
754,501
Trade Debtors
3,855,787
2,970,021
Group Debtors
Misc Debtors
1,615,486
680,123
Cash
3,221,736
2,394,751
misc current assets
total current assets
9,439,101
6,799,396
total assets
28,570,552
28,597,995
Bank overdraft
515,523
311,141
Bank loan
Trade Creditors
2,618,507
1,513,327
Group/Directors Accounts
25,000
other short term finances
hp & lease commitments
154,478
79,217
other current liabilities
1,517,356
1,216,598
total current liabilities
4,805,864
3,145,283
loans
32,895,448
30,796,379
hp & lease commitments
159,804
131,428
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
33,055,252
30,927,807
total liabilities
37,861,116
34,073,090
net assets
-9,290,564
-5,475,095
total shareholders funds
-9,290,564
-5,475,095
May 2024
May 2023
Operating Activities
Operating Profit
-1,481,754
-3,314,451
Depreciation
428,227
409,738
Amortisation
2,652,222
5,270,423
Tax
761,414
289,222
Stock
-8,409
754,501
Debtors
1,821,129
3,650,144
Creditors
1,105,180
1,513,327
Accruals and Deferred Income
300,758
1,216,598
Deferred Taxes & Provisions
Cash flow from operations
1,953,327
980,212
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-25,000
25,000
Other Short Term Loans
Long term loans
2,099,069
30,796,379
Hire Purchase and Lease Commitments
103,637
210,645
other long term liabilities
share issue
495,001
interest
-3,095,129
-2,944,867
cash flow from financing
-917,423
28,582,158
cash and cash equivalents
cash
826,985
2,394,751
overdraft
204,382
311,141
change in cash
622,603
2,083,610
refresh holdco ltd 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 refresh holdco ltd. Get real-time insights into refresh holdco ltd's credit score, group structure and payment trends.
Perform a competitor analysis for refresh holdco ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in BT36 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
-9.3m
+0.7%
total assets
28.6m
0%
cash
3.2m
+0.35%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
refresh holdco ltd company details
company number
NI685232
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
January 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
BDO NORTHERN IRELAND
address
unit 1 mallusk view, central park, newtonabbey, BT36 4FR
Bank
ALLIED IRISH BANK
Legal Advisor
TUGHANS
refresh holdco ltd 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 refresh holdco ltd.
refresh holdco ltd 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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refresh holdco ltdCompanies House Filings - See Documents
