ardonagh midco 3 plc
ardonagh midco 3 plc Company Information
Company Number
10735116
Website
capita-sis.co.ukRegistered Address
2 minster court, mincing lane, london, EC3R 7PD
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
01206773574
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
ardonagh midco 2 plc 100%
ardonagh midco 3 plc Estimated Valuation
Pomanda estimates the enterprise value of ARDONAGH MIDCO 3 PLC at £0 based on a Turnover of £0 and 1.21x industry multiple (adjusted for size and gross margin).
ardonagh midco 3 plc Estimated Valuation
Pomanda estimates the enterprise value of ARDONAGH MIDCO 3 PLC at £8.1m based on an EBITDA of £1.8m and a 4.58x industry multiple (adjusted for size and gross margin).
ardonagh midco 3 plc Estimated Valuation
Pomanda estimates the enterprise value of ARDONAGH MIDCO 3 PLC at £391m based on Net Assets of £228.6m and 1.71x industry multiple (adjusted for liquidity).
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Ardonagh Midco 3 Plc Overview
Ardonagh Midco 3 Plc is a live company located in london, EC3R 7PD with a Companies House number of 10735116. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2017, it's largest shareholder is ardonagh midco 2 plc with a 100% stake. Ardonagh Midco 3 Plc is a young, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Ardonagh Midco 3 Plc Health Check
There is insufficient data available to calculate a health check for Ardonagh Midco 3 Plc. Company Health Check FAQs
0 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Ardonagh Midco 3 Plc
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.7%)
- - Ardonagh Midco 3 Plc
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ardonagh Midco 3 Plc
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ardonagh Midco 3 Plc
- - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
- Ardonagh Midco 3 Plc
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ardonagh Midco 3 Plc
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Ardonagh Midco 3 Plc
- - 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!
- - Ardonagh Midco 3 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ardonagh Midco 3 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (16 weeks)
- - Ardonagh Midco 3 Plc
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (69.9%)
- - Ardonagh Midco 3 Plc
- - Industry AVG
ardonagh midco 3 plc Credit Report and Business Information
Ardonagh Midco 3 Plc Competitor Analysis
Perform a competitor analysis for ardonagh midco 3 plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ardonagh midco 3 plc Ownership
ARDONAGH MIDCO 3 PLC group structure
Ardonagh Midco 3 Plc has 1 subsidiary company.
Ultimate parent company
THE ARDONAGH GROUP LTD
#0115889
2 parents
ARDONAGH MIDCO 3 PLC
10735116
1 subsidiary
ardonagh midco 3 plc directors
Ardonagh Midco 3 Plc currently has 9 directors. The longest serving directors include Mr David Ross (May 2017) and Mr Patrick Butler (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Ross | England | 55 years | May 2017 | - | Director |
| Mr Patrick Butler | Ireland | 63 years | Jun 2017 | - | Director |
| Mr Scot French | United Kingdom | 53 years | Jun 2017 | - | Director |
| Mr Vahe Dombalagian | 50 years | Jun 2017 | - | Director | |
| Mr John Tiner | 67 years | Jun 2017 | - | Director | |
| Ms Diane Cougill | United Kingdom | 60 years | Nov 2018 | - | Director |
| Mr Shant Babikian | United Kingdom | 39 years | May 2022 | - | Director |
| Mr Matthew Raino | United Kingdom | 46 years | May 2022 | - | Director |
| Mr Martyn Scrivens | United Kingdom | 68 years | Oct 2022 | - | Director |
ARDONAGH MIDCO 3 PLC financials
Ardonagh Midco 3 Plc's latest turnover from December 2022 is 0 and the company has net assets of £228.6 million. According to their latest financial statements, we estimate that Ardonagh Midco 3 Plc has 1 employee and maintains cash reserves of £89.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 665,487,000 | 526,579,000 | 410,460,000 | 318,519,000 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 1,774,000 | 5,863,000 | -4,870,000 | 7,860,000 | -46,848,000 | -181,322,000 | -26,181,000 |
| Interest Payable | 280,950,000 | 244,698,000 | 229,484,000 | 113,606,000 | 94,655,000 | 77,435,000 | 47,028,000 |
| Interest Receivable | 229,804,000 | 125,100,000 | 36,527,000 | 1,995,000 | 519,000 | 731,000 | 199,000 |
| Pre-Tax Profit | -49,372,000 | -113,735,000 | -197,827,000 | -99,757,000 | -133,483,000 | -257,988,000 | -72,985,000 |
| Tax | 7,814,000 | 37,997,000 | 24,228,000 | 29,987,000 | 33,011,000 | 3,296,000 | 11,845,000 |
| Profit After Tax | -41,558,000 | -75,738,000 | -173,599,000 | -69,770,000 | -100,472,000 | -254,692,000 | -61,140,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -41,558,000 | -75,738,000 | -173,599,000 | -73,594,000 | -104,529,000 | -243,873,000 | -43,014,000 |
| Employee Costs | 0 | 0 | 0 | 320,879,000 | 290,099,000 | 240,953,000 | 183,580,000 |
| Number Of Employees | 6,222 | 5,915 | 6,189 | 4,291 | |||
| EBITDA* | 1,774,000 | 5,863,000 | -4,870,000 | 102,709,000 | 24,436,000 | -124,414,000 | 18,185,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 120,963,000 | 65,653,000 | 56,873,000 | 42,115,000 |
| Intangible Assets | 0 | 0 | 0 | 1,112,194,000 | 1,095,203,000 | 1,107,638,000 | 657,174,000 |
| Investments & Other | 905,091,000 | 874,804,000 | 840,505,000 | 9,400,000 | 5,160,000 | 8,387,000 | 6,495,000 |
| Debtors (Due After 1 year) | 2,444,170,000 | 1,139,635,000 | 670,304,000 | 15,756,000 | 17,500,000 | 0 | 0 |
| Total Fixed Assets | 3,349,261,000 | 2,014,439,000 | 1,510,809,000 | 1,233,157,000 | 1,160,856,000 | 1,164,511,000 | 699,289,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 85,324,000 | 182,958,000 | 62,130,000 | 23,892,000 |
| Group Debtors | 1,063,380,000 | 1,390,614,000 | 1,042,465,000 | 51,016,000 | 36,240,000 | 31,474,000 | 0 |
| Misc Debtors | 92,000 | 62,262,000 | 24,387,000 | 62,431,000 | 67,518,000 | 53,290,000 | 43,797,000 |
| Cash | 89,528,000 | 111,607,000 | 44,547,000 | 410,903,000 | 504,956,000 | 332,916,000 | 143,088,000 |
| misc current assets | 13,328,000 | 3,502,000 | 0 | 37,406,000 | 56,305,000 | 967,000 | 14,038,000 |
| total current assets | 1,166,328,000 | 1,567,985,000 | 1,111,399,000 | 647,080,000 | 847,977,000 | 480,777,000 | 224,815,000 |
| total assets | 4,515,589,000 | 3,582,424,000 | 2,622,208,000 | 1,880,237,000 | 2,008,833,000 | 1,645,288,000 | 924,104,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 719,437,000 | 582,745,000 | 289,264,000 | 0 | 0 | 0 | 0 |
| other short term finances | 506,686,000 | 188,215,000 | 47,864,000 | 46,119,000 | 43,424,000 | 75,029,000 | 3,747,000 |
| hp & lease commitments | 0 | 0 | 0 | 10,084,000 | 0 | 0 | 43,000 |
| other current liabilities | 293,000 | 2,365,000 | 1,333,000 | 555,132,000 | 698,079,000 | 416,574,000 | 209,082,000 |
| total current liabilities | 1,226,416,000 | 773,325,000 | 338,461,000 | 611,335,000 | 741,503,000 | 491,603,000 | 212,872,000 |
| loans | 3,060,525,000 | 2,561,213,000 | 1,983,915,000 | 2,288,880,000 | 2,228,120,000 | 1,724,504,000 | 1,034,212,000 |
| hp & lease commitments | 0 | 0 | 0 | 33,021,000 | 0 | 0 | 43,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 9,418,000 | 11,732,000 |
| other liabilities | 0 | 0 | 0 | 12,628,000 | 23,848,000 | 855,000 | 0 |
| provisions | 0 | 0 | 0 | 28,914,000 | 65,516,000 | 231,584,000 | 99,342,000 |
| total long term liabilities | 3,060,525,000 | 2,561,213,000 | 1,983,915,000 | 1,171,525,000 | 1,170,666,000 | 988,317,000 | 578,646,000 |
| total liabilities | 4,286,941,000 | 3,334,538,000 | 2,322,376,000 | 1,782,860,000 | 1,912,169,000 | 1,479,920,000 | 791,518,000 |
| net assets | 228,648,000 | 247,886,000 | 299,832,000 | 93,188,000 | 96,272,000 | 156,267,000 | 132,561,000 |
| total shareholders funds | 228,648,000 | 247,886,000 | 299,832,000 | 93,188,000 | 96,272,000 | 156,267,000 | 132,561,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,774,000 | 5,863,000 | -4,870,000 | 7,860,000 | -46,848,000 | -181,322,000 | -26,181,000 |
| Depreciation | 0 | 0 | 0 | 20,071,000 | 7,763,000 | 6,910,000 | 3,043,000 |
| Amortisation | 0 | 0 | 0 | 74,778,000 | 63,521,000 | 49,998,000 | 41,323,000 |
| Tax | 7,814,000 | 37,997,000 | 24,228,000 | 29,987,000 | 33,011,000 | 3,296,000 | 11,845,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 915,131,000 | 855,355,000 | 1,522,629,000 | -89,689,000 | 157,322,000 | 79,205,000 | 67,689,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,072,000 | 1,032,000 | -553,799,000 | -142,947,000 | 272,087,000 | 205,178,000 | 220,814,000 |
| Deferred Taxes & Provisions | 0 | 0 | -28,914,000 | -36,602,000 | -166,068,000 | 132,242,000 | 99,342,000 |
| Cash flow from operations | -907,615,000 | -810,463,000 | -2,085,984,000 | 42,836,000 | 6,144,000 | 137,097,000 | 282,497,000 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 30,287,000 | 34,299,000 | 831,105,000 | 4,240,000 | -3,227,000 | 1,892,000 | 6,495,000 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 136,692,000 | 293,481,000 | 289,264,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 318,471,000 | 140,351,000 | 1,745,000 | 2,695,000 | -31,605,000 | 71,282,000 | 3,747,000 |
| Long term loans | 499,312,000 | 577,298,000 | -304,965,000 | 60,760,000 | 503,616,000 | 690,292,000 | 1,034,212,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | -43,105,000 | 43,105,000 | 0 | -86,000 | 86,000 |
| other long term liabilities | 0 | 0 | -12,628,000 | -11,220,000 | 22,993,000 | 855,000 | 0 |
| share issue | |||||||
| interest | -51,146,000 | -119,598,000 | -192,957,000 | -111,611,000 | -94,136,000 | -76,704,000 | -46,829,000 |
| cash flow from financing | 925,649,000 | 915,324,000 | 117,597,000 | 54,239,000 | 445,402,000 | 953,218,000 | 1,166,791,000 |
| cash and cash equivalents | |||||||
| cash | -22,079,000 | 67,060,000 | -366,356,000 | -94,053,000 | 172,040,000 | 189,828,000 | 143,088,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -22,079,000 | 67,060,000 | -366,356,000 | -94,053,000 | 172,040,000 | 189,828,000 | 143,088,000 |
P&L
December 2022turnover
0
0%
operating profit
1.8m
-70%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
228.6m
-0.08%
total assets
4.5b
+0.26%
cash
89.5m
-0.2%
net assets
Total assets minus all liabilities
Similar Companies
ardonagh midco 3 plc company details
company number
10735116
Type
Public 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
April 2017
age
7
accounts
Full Accounts
ultimate parent company
previous names
kirs midco 3 plc (July 2017)
nevada investment holdings 4 limited (May 2017)
incorporated
UK
address
2 minster court, mincing lane, london, EC3R 7PD
last accounts submitted
December 2022
ardonagh midco 3 plc 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 16 charges/mortgages relating to ardonagh midco 3 plc. Currently there are 10 open charges and 6 have been satisfied in the past.
ardonagh midco 3 plc Companies House Filings - See Documents
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