CITYSPRINT (UK) BIDCO LIMITED

REDCENTRAL 60 HIGH STREET, REDHILL, SURREY, RH1 1SH

Previous name: FREDERICK BIDCO LIMITED (changed on 13-May-2016)

Company Number: 09988809
Incorporation date: 04-Feb-2016
Status: Active
Entity type: Private Limited Company

SIC codes:
64204 Activities of distribution holding companies





SUMMARY

This company is 8.2 years old and is currently active. It is controlled by Project Bolt Newco 2 Limited. The company has negative equity (net assets) of GBP -25.4 million which has worsened since the previous year's figure of GBP -13.6 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -25.4 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 14 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Jun-2019 GBP -183,420 11,564,520
31-Dec-2017 GBP -196,340 6,835,933
31-Dec-2016 GBP -670,350 5,954,833 85,410 -6,539,773


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2019 GBP 617 67,314,432 4,173,971 198,445,776 1 -25,405,397 -25,405,396
31-Dec-2017 GBP 6,535 78,397,742 503,159 201,427,796 1 -13,633,295 -13,633,294
31-Dec-2016 GBP 2,758 74,616,122 10,800,060 180,255,753 1 -6,539,773 -6,539,772

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Justin Neil CLARKE 17 Jan 2022 29 Mar 2024 1 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Adnan KHALIL 29 Jan 2024 Finance Director British 15 - 00 (0.0%)
Active Jonathan STOCKTON 29 Jan 2024 Chief Executive British 14 - 00 (0.0%)
Active David Laurence ADAMS 14 Feb 2022 Cfo British 14 - 00 (0.0%)
Resigned David Michael WILLIAMS 24 Jul 2020 29 Jan 2024 Director British 4 - 246 (21.4%)
Resigned Chris Martin COULTON 24 Jul 2020 11 Jan 2022 Director British 1 - 123 (23.1%)
Resigned Gary James WEST 24 Jul 2020 29 Jan 2024 Director British 4 - 4330 (63.8%)
Resigned Steve ASTON 22 Oct 2019 11 Jan 2022 Director British 2 - 42 (33.3%)
Resigned Jonathan HALFORD 02 Apr 2019 11 Jan 2022 Director British 3 - 32 (33.3%)
Resigned Jessica Grace HARDY 28 Jun 2018 24 Jul 2020 Director British 0 - 10 (0.0%)
Resigned Andrew Steven LYNDON 18 Feb 2016 22 Oct 2019 Director British 3 - 82 (18.2%)
Resigned David Robert John BURTENSHAW 18 Feb 2016 30 Apr 2019 Director British 0 - 43 (75.0%)
Resigned Patrick GALLAGHER 18 Feb 2016 19 Sep 2019 Director British 0 - 95 (55.6%)
Resigned Gerard Anthony KEENAN 18 Feb 2016 19 Sep 2019 Director British 0 - 218 (38.1%)
Resigned Nicholas David Shorter HOARE 04 Feb 2016 28 Jun 2018 Director British 0 - 72 (28.6%)
Number of active directors: 3
Average tenure of active directors: 0.8 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
MACH 1 COURIERS LIMITED (01786175) - Active
CREATIVE CARS & COURIERS LIMITED (01911230) - Active
CITYSPRINT (UK) LIMITED (04327611) - Active
THE COURIER AND PASSENGER TRANSPORT GROUP LIMITED (04327694) - Active
URGENT DELIVERIES LIMITED (05654473) - Active
CITYSPRINT COURIER SERVICES LIMITED (05857552) - Active
COURIER AND PASSENGER TRANSPORT HOLDINGS LIMITED (06277898) - Active
CITYSPRINT (UK) GROUP LIMITED (07419353) - Active
ON THE DOT TECHNOLOGIES LIMITED (09463250) - Active
CITYSPRINT (UK) BIDCO LIMITED (09988809) - Active
ABSOLUTELY COURIERS LIMITED (10207841) - Active
LAST MILE LINK TECHNOLOGIES LIMITED (10717518) - Active
TRANSWORLD GLOBAL COURIER LIMITED (10724495) - Active
PROJECT BOLT NEWCO 1 LIMITED (12712655) - Active
PROJECT BOLT NEWCO 2 LIMITED (12716727) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-06-102017-01-31
PROJECT BOLT NEWCO 2 LIMITEDORDINARY1
100%
0
0%
CITYSPRINT (UK) MIDCO LIMITEDORDINARY0
0%
1
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2016-10-21
CITYSPRINT (UK) BIDCO LIMITEDA ORDINARY40,000
40.0%
CITYSPRINT (UK) BIDCO LIMITEDC ORDINARY35,000
35.0%
CITYSPRINT (UK) BIDCO LIMITEDB ORDINARY25,000
25.0%
CITYSPRINT (UK) BIDCO LIMITEDD ORDINARY6
0.006%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CITYSPRINT (UK) BIDCO LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 64204 Activities of distribution holding companies)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
WINCANTON HOLDINGS LIMITED WINCANTON PLC, METHUEN PARK, CHIPPENHAM, WILTSHIRE, SN14 0WT 02155951 2018-03-31 1,153,200,000 15,500,000
RISOL IMPORTS LIMITED RISOL HOUSE, MERCURY WAY, URMSTON, MANCHESTER, M41 7RR 00354803 2018-01-31 193,242,000 12,324,000
CSS GROUP LIMITED UNIT 3 CROMPTON WAY, SEGENSWORTH WEST, FAREHAM, HAMPSHIRE, ENGLAND, PO15 5SS 06034018 2017-06-30 23,833,674 0
HOWGILL HOLDINGS LIMITED LYON EQUIPMENT LIMITED, UNITS 3-7 TEBAY BUSINESS PARK, OLD TEBAY, PENRITH, CUMBRIA, CA10 3SS 04897556 2018-04-30 12,644,571 0
CILDARN LIMITED UNITS 1 & 2, ROMAN PARK ROMAN WAY, COLESHILL, BIRMINGHAM, B46 1HG 06469631 2017-12-31 10,861,118 0
CROMWELL GROUP (HOLDINGS) LIMITED CHARTWELL DRIVE, P.O. BOX 14, WIGSTON, ENGLAND, LE18 1AT 01756362 2017-12-31 5,662,000 4,769,000
REED BOARDALL HOLDINGS LIMITED BAR LANE, ROECLIFFE, BOROUGHBRIDGE, NORTH YORKSHIRE, ENGLAND, YO51 9NN 05766600 2018-03-31 293,040 293,040
SEVENTY SEVEN INVEST LTD 1 PRINCETON MEWS, 167-169 LONDON ROAD, KINGSTON UPON THAMES, UNITED KINGDOM, KT2 6PT 08826187 2017-12-31 50,607 0
THE POINT LINCOLNFIELDS MANAGEMENT COMPANY LIMITED C/O SPARK ACCOUNTANTS 10 WRENS COURT, 48 VICTORIA ROAD, SUTTON COLDFIELD, WEST MIDLANDS, UNITED KINGDOM, B72 1SY 04385220 2017-12-31 36,131 0 68320-Management of real estate on a fee or contract basis
HOLMEGARTH LIMITED 82 COOPER LANE, LACEBY, GRIMSBY, LINCOLNSHIRE, ENGLAND, DN37 7AS 10167791 2018-12-31 34,010 0
IROUTE LTD 83 DUCIE STREET, MANCHESTER, M1 2JQ 08826296 2017-12-31 6,720 0
A.I.L HOLDINGS LIMITED SUITE H LEVEL 2 NO 1 BOOTH PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE, UNITED KINGDOM, WA16 8GS 12063987 0000-00-00 0 0
AVNET GROUP HOLDINGS LIMITED AVNET HOUSE RUTHERFORD CLOSE, MEADWAY, STEVENAGE, HERTFORDSHIRE, SG1 2EF 08754845 0000-00-00 0 0
AVNET HOLDINGS EUROPE LIMITED AVNET HOUSE RUTHERFORD CLOSE, MEADWAY, STEVENAGE, HERTFORDSHIRE, SG1 2EF 08755418 0000-00-00 0 0
B.M. BROWNE (UK HOLDINGS) LIMITED DCC VITAL WESTMINSTER INDUSTRIAL ESTATE, REPTON ROAD, MEASHAM, SWADLINCOTE, DERBYSHIRE, ENGLAND, DE12 7DT 02872126 0000-00-00 0 0
BRIGHTSTAR 20:20 LIMITED UNIT 2, CREWE LOGISTICS PARK, JACK MILLS WAY, SHAVINGTON, CREWE, CHESHIRE, UNITED KINGDOM, CW2 5XF 08411776 0000-00-00 0 0
CITYSPRINT (UK) HOLDINGS LIMITED C/O INTERPATH LTD, 10 FLEET PLACE, LONDON, EC4M 7RB 09987453 0000-00-00 0 0
COURIER AND PASSENGER TRANSPORT HOLDINGS LIMITED RED CENTRAL, 60 HIGH STREET, REDHILL, ENGLAND, RH1 1SH 06277898 0000-00-00 0 0
EURO EXIDE CORPORATION LIMITED MANSELL HOUSE ASPINALL CLOSE, MIDDLEBROOK HORWICH, BOLTON, BL6 6QQ 02901241 0000-00-00 0 0
GOLDSTAR TRANSPORT HOLDINGS LIMITED GOLDSTAR TRANSPORT HOLDINGS LIMITED, PARKER AVENUE, FELIXSTOWE, SUFFOLK, UNITED KINGDOM, IP11 4HF 10052752 0000-00-00 0 0
INTERNATIONAL PLYWOOD PLC UNIT 5 JAVELIN PARK, HALPERN WAY, HARESFIELD, STONEHOUSE, ENGLAND, GL10 3WT 01546036 0000-00-00 0 0 70100-Activities of head offices
IVECO HOLDINGS LIMITED CRANES FARM ROAD, BASILDON, ESSEX, SS14 3AD 00921870 0000-00-00 0 0
NEEDLERS HOLDINGS LIMITED FIFTH FLOOR, TWO PANCRAS SQUARE, LONDON, UNITED KINGDOM, N1C 4AG 06929573 0000-00-00 0 0
NEXT GROUP PLC NEXT PLC DESFORD ROAD, ENDERBY, LEICESTER, LE19 4AT 11118708 0000-00-00 0 0 64209-Activities of other holding companies not elsewhere classified
NWF DISTRIBUTION HOLDINGS LIMITED WARDLE, NANTWICH, CHESHIRE, CW5 6BP 03707824 0000-00-00 0 0
REED BOARDALL TRANSPORT (HOLDINGS) LIMITED BAR LANE, BOROUGHBRIDGE, YORK, YO51 9NN 00575278 0000-00-00 0 0
RORKE HOLDINGS LIMITED KRESTON REEVES LLP, MONTAGUE PLACE QUAYSIDE, CHATHAM MARITIME, CHATHAM, KENT, ENGLAND, ME4 4QU 04830467 0000-00-00 0 0
SEALEY (UK) LIMITED 820 THE CRESCENT, COLCHESTER BUSINESS PARK, COLCHESTER, ESSEX, CO4 9YQ 02481552 0000-00-00 0 0
SYNCREON UK HOLDINGS LIMITED UNIT 5, LOGIX ROAD, R D PARK, HINCKLEY, LEICESTERSHIRE, LE10 3BQ 07029846 0000-00-00 0 0
TENVA GROUP HOLDINGS EUROPE LIMITED C/O AZETS HOLDINGS LTD, 5TH FLOOR SHIP CANAL HOUSE, MANCHESTER, M2 4WU 08754830 0000-00-00 0 0
UNITRANS LOGISTICS (UK) LIMITED PRICEWATERHOUSECOOPERS LLP LEVEL 8 CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL 05523550 0000-00-00 0 0
UNITRANS UK LIMITED 5TH FLOOR FESTIVAL HOUSE, JESSOP AVENUE, CHELTENHAM, GLOUCESTERSHIRE, GL50 3SH 05523545 0000-00-00 0 0
WP R HOLDCO LIMITED REISS BUILDING, 12 PICTON PLACE, LONDON, ENGLAND, W1U 1BW 10075900 0000-00-00 0 0
WP R MIDCO 1 LIMITED REISS BUILDING, 12 PICTON PLACE, LONDON, ENGLAND, W1U 1BW 10075594 0000-00-00 0 0
WP R MIDCO 2 LIMITED REISS BUILDING, 12 PICTON PLACE, LONDON, ENGLAND, W1U 1BW 10075770 0000-00-00 0 0
WYKO GROUP LIMITED ERIKS, SEVEN STARS ROAD, OLDBURY, WEST MIDLANDS, ENGLAND, B69 4JR 01125753 0000-00-00 0 0 74990-Non-trading company

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
CITYSPRINT (UK) BIDCO LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.4% 1.3% 3.0% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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