speed midco limited
speed midco limited Company Information
Company Number
SC778801
Next Accounts
Dec 2025
Shareholders
speed newco 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
suite 5 the garment factory, 10 montrose street, glasgow, G1 1RE
Website
speedtest.midco.netspeed midco limited Estimated Valuation
Pomanda estimates the enterprise value of SPEED MIDCO LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).
speed midco limited Estimated Valuation
Pomanda estimates the enterprise value of SPEED MIDCO LIMITED at £0 based on an EBITDA of £0 and a 4.38x industry multiple (adjusted for size and gross margin).
speed midco limited Estimated Valuation
Pomanda estimates the enterprise value of SPEED MIDCO LIMITED at £1 based on Net Assets of £1 and 1.31x industry multiple (adjusted for liquidity).
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Speed Midco Limited Overview
Speed Midco Limited is a live company located in glasgow, G1 1RE with a Companies House number of SC778801. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2023, it's largest shareholder is speed newco limited with a 100% stake. Speed Midco Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Speed Midco Limited Health Check
There is insufficient data available to calculate a health check for Speed Midco Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Speed Midco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Speed Midco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Speed Midco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (104)
- Speed Midco Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Speed Midco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Speed Midco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (68.7%)
- - Speed Midco Limited
- - Industry AVG
SPEED MIDCO LIMITED financials
Speed Midco Limited's latest turnover from March 2024 is 0 and the company has net assets of £1. According to their latest financial statements, we estimate that Speed Midco Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | |
|---|---|
| Turnover | |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | |
| Interest Payable | |
| Interest Receivable | 352,021 |
| Pre-Tax Profit | 352,021 |
| Tax | |
| Profit After Tax | 352,021 |
| Dividends Paid | 352,021 |
| Retained Profit | |
| Employee Costs | |
| Number Of Employees | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | 12,102,060 |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 12,102,060 |
| Stock & work in progress | |
| Trade Debtors | |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | |
| total assets | 12,102,060 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | |
| Group/Directors Accounts | 10,663,855 |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 1,438,204 |
| total current liabilities | 12,102,059 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 12,102,059 |
| net assets | 1 |
| total shareholders funds | 1 |
| Mar 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | |
| Creditors | |
| Accruals and Deferred Income | 1,438,204 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | 1,438,204 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 12,102,060 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | 10,663,855 |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | 352,021 |
| cash flow from financing | 11,015,877 |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
speed midco limited Credit Report and Business Information
Speed Midco Limited Competitor Analysis
Perform a competitor analysis for speed midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other startup companies, companies in G 1 area or any other competitors across 12 key performance metrics.
speed midco limited Ownership
SPEED MIDCO LIMITED group structure
Speed Midco Limited has no subsidiary companies.
speed midco limited directors
Speed Midco Limited currently has 6 directors. The longest serving directors include Mr Malcolm Kpedekpo (Aug 2023) and Mr Ewan MacKinnon (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm Kpedekpo | Scotland | 48 years | Aug 2023 | - | Director |
| Mr Ewan MacKinnon | Scotland | 48 years | Sep 2023 | - | Director |
| Mr Martin Craghill | Scotland | 52 years | Oct 2023 | - | Director |
| Mr John McKail | Scotland | 58 years | Oct 2023 | - | Director |
| Mr Graham Roberts | Scotland | 74 years | Feb 2024 | - | Director |
| Mr Alan Millar | Scotland | 33 years | Jan 2025 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1
0%
total assets
12.1m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
speed midco limited company details
company number
SC778801
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 2023
age
2
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
CONSILIUM AUDIT LIMITED
address
suite 5 the garment factory, 10 montrose street, glasgow, G1 1RE
Bank
-
Legal Advisor
-
speed 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 found 3 charges/mortgages relating to speed midco limited. Currently there are 3 open charges and 0 have been satisfied in the past.
speed 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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speed midco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
