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Damoco Bidco Limited

09317188

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

BDO LLP, FIRST FLOOR NORTH BOTTLE WORKS, GUILDFORD, GU1 4LP
Incorporated 18/11/2014

Compliance

Last accounts

31/01/2025

full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

61900
Other telecommunications activities

Officers

Walter Alpheus Jones Iii

director · Since 11/10/2022

RETIRED

AMERICAN · UNITED STATES · Age 72

Also on 5 other boards

Chris Nickerson

director · Since 11/10/2022

CHIEF EXECUTIVE

AMERICAN · UNITED STATES · Age 46

Also on 5 other boards

Mr Michael Lee Workman

director · Since 11/10/2022

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 69

Also on 7 other boards

Persons with Significant Control

Damoco Midco Limited

75–100% shares
75–100% votes
Appoint directors

Bdo Llp, First Floor North, Bottle Works, Guildford, GU1 4LP

Reg: 9317058 · England & Wales Companies Registry · Limited Company

Notified 18/11/2016

Charges3 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS PLEDGEE

Created 09/09/2022Registered 21/09/2022
Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 09/09/2022Registered 20/09/2022
Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 08/09/2022Registered 16/09/2022
Charge
satisfied

ARES MANAGEMENT LIMITED

Created 21/11/2018Registered 10/12/2018Satisfied 16/09/2022
Charge
satisfied

ARES MANAGEMENT LIMITED

Created 21/11/2018Registered 05/12/2018Satisfied 16/09/2022
Charge
satisfied

ARES MANAGEMENT LIMITED

Created 21/11/2018Registered 05/12/2018Satisfied 16/09/2022
Charge
satisfied

HSBC BANK PLC

Created 10/06/2016Registered 10/06/2016Satisfied 29/08/2018
Charge
satisfied

HSBC BANK PLC

Created 12/05/2016Registered 26/05/2016Satisfied 29/08/2018
Charge
satisfied

HSBC BANK PLC

Created 13/05/2016Registered 17/05/2016Satisfied 29/08/2018
Charge
satisfied

HSBC BANK PLC

Created 13/05/2016Registered 17/05/2016Satisfied 29/08/2018

CompanyRankvs 937+ SIC 61900 peers
58

Financial strength100th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

company and therefore is reliant on the Atlanta Topco Limited or Damovo Group (Group) to be a going concern to be able to support it. Therefore, the going concern review focuses on the forecasts for the Group and their ability to continue as a going concern. The results for the year for the Group show revenues of €157,484K (2024: €143,863K) and a pre-tax loss

Key FinancialsYear ending 31/01/2025

Turnover

£7.0M

Annual revenue

Net Worth

£40.9M

Balance sheet strength

Cash

£49k

Cash in the bank

Profit Before Tax

-£4.7M

Bottom line earnings

Net Current Assets

£157k

Working capital

Current Assets

£8.8M

Current Liabilities

£8.7M

Fixed Assets

£93.4M

Admin Expenses

£5.8M

Operating Profit

£1.3M

Profit After Tax

-£4.7M

11avg. employees

People Costs

Wages & salaries£4.7M

Balance Sheet

Assets less current liabilities£93.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20251.02

Derived from filed accounts. Not audited figures.