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Outco Bidco Limited

11635714

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O JAMES COWPER KRESTON 3RD FLOOR, APEX, READING, RG1 1AX
Incorporated 22/10/2018

Compliance

Last accounts

30/09/2025

full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 27/07/2025

Due 10/08/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Jason Matthew Petsch

director · Since 01/11/2018

DIRECTOR

GREEK · ENGLAND · Age 52

Mr Richard Paul Smeaton

director · Since 06/03/2023

CFO

BRITISH · ENGLAND · Age 52

Also on 19 other boards

Persons with Significant Control

Outco Holdings Limited

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

C/O James Cowper Kreston, 3rd Floor, Apex, Reading, RG1 1AX

Reg: 11620718 · Companies House · Limited By Shares

Notified 22/10/2018

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 18/07/2025Registered 21/07/2025
Charge
satisfied

JASON PETSCH

Created 01/12/2022Registered 07/12/2022Satisfied 24/07/2025
Charge
satisfied

INVESTEC BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURITY AGENT)

Created 23/11/2020Registered 27/11/2020Satisfied 24/07/2025
Charge
satisfied

TCP GENERAL PARTNER LIMITED (IN ITS CAPACITY AS SECURITY TRUSTEE)

Created 01/11/2018Registered 02/11/2018Satisfied 24/07/2025

CompanyRankvs 37671+ SIC 64209 peers
18

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 pts

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

Liquidity2/20 pts

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

Longevity8/15 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

during the financial year and to the date of signing these financial statements). The Directors have made an assessment and satisfied themselves of the Group and Company's ability to continue as a going concern. The key elements of this assessment were the Group and Company's cash flow forecasts and projections, in addition to the Group's considerable cash balance and available bank facilities.

Key FinancialsYear ending 30/09/2024

Net Worth

-£7.3M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£5.5M

Bottom line earnings

Net Current Assets

-£24.4M

Working capital

Current Assets

£5k

Current Liabilities

£24.4M

Fixed Assets

£41.6M

Debtors

£5k

Admin Expenses

£496k

Operating Profit

£10.1M

Profit After Tax

£5.5M

3avg. employees

People Costs

Wages & salaries£437k
NI contributions£56k

Balance Sheet

Bank loans & overdrafts£1.8M
Assets less current liabilities£17.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£5.5M
20230.00

Derived from filed accounts. Not audited figures.