Noel Bidco Limited
Registered name: NOEL BIDCO LIMITED
Part of Yusen Logistics Global Management Co., Ltd. groupNoel Bidco Limited made £2m revenue and a £2.5m loss in the year to 31 Mar 2024. read from filing text
Noel Bidco Limited’s revenue was £2m in the year to 31 Mar 2024, with a loss of £2.5m and 11 employees. The company is classified under “activities of other holding companies” and is based in Sheffield; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Noel Cleanco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £2m | £2m |
| Operating profit | −£39 | −£357k |
| Profit before tax | −£2m | −£2.5m |
| Profit after tax | −£2m | −£2.5m |
| Profit (best available) | −£2m | −£2.5m |
| Staff costs | £2m | £2m |
| Employees (average) | 12 | 11 |
| Ratios | ||
| Profit margin | −102.4% | −129.7% |
| Revenue per employee | £163k | £177k |
| Profit per employee | −£167k | −£230k |
| Growth (year on year) | ||
| Revenue growth | — | ▼0.1% |
| Headcount growth | — | ▼8.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £3.5k | £8.4k |
| Net assets | −£2.6m | −£5.1m |
| Current assets | £21.8m | £23.5m |
| Debtors | £21.8m | £23.5m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −129.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £177k
- Revenue ÷ average employees.
- Profit per employee
- −£230k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1207%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£5.1m
- Cash at bank
- ▲138%
- Now £8.4k
- Headcount
- ▼8%
- Now 11
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Yusen Logistics Global Management Co., Ltd. (registered outside the UK register)ultimate parent75–100%
- International Logistics Group Limited75–100%
- Noel Topco Limited75–100%
- Noel Midco Limited75–100%
- Noel Cleanco Limited75–100%
- Noel Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Global Freight Solutions (Holdings) LimitedActive - Proposal to Strike offRev. — · Profit −£431k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£2.5m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.