National Timber Group Midco Limited
Registered name: NATIONAL TIMBER GROUP MIDCO LIMITED
Part of Prudential Financial Inc groupNational Timber Group Midco Limited made £0 revenue and a £13.3m loss in the year to 31 Dec 2023. read from filing text
National Timber Group Midco Limited’s revenue was £0 in the year to 31 Dec 2023, with a loss of £13.3m and 10 employees. The company is classified under “activities of production holding companies” and is based in Brighton; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Brighton, South East
- 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: “During the year and through to 13 January 2025, the company's immediate and ultimate parent undertaking was National Timber Group Topco Limited, a company registered in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £0 | £0 |
| Operating profit | −£1.7m | −£51.1m |
| Profit before tax | −£9.6m | −£13.3m |
| Profit after tax | −£9.8m | −£13.3m |
| Profit (best available) | −£9.8m | −£13.3m |
| Staff costs | £2.1m | £1.7m |
| Employees (average) | 10 | 10 |
| Ratios | ||
| Profit margin | — | — |
| Revenue per employee | £0 | £0 |
| Profit per employee | −£982k | −£1.3m |
| Growth (year on year) | ||
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £34.2k | £2.2m |
| Net assets | −£1.5m | −£14.8m |
| Fixed assets | £61m | £60.9m |
| Current assets | £29.5m | £39.5m |
| Debtors | £29.5m | £37.3m |
| Deferred income | £3.1m | £586k |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£1.3m
- 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
- —
- 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 −£14.8m
- Cash at bank
- ▲6340%
- Now £2.2m
- Headcount
- 0%
- Now 10
- Deferred income
- ▼81%
- Now £586k
- Fixed assets
- ▼0%
- Now £60.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Prudential Financial Inc (registered outside the UK register)ultimate parent75–100%
- National Timber Group Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- National Timber Group England LimitedIn AdministrationRev. £197m · Profit −£7m
- National Timber Group Scotland LimitedIn AdministrationRev. £84.2m · Profit −£2.3m
- Arnold Laver Holdings LimitedFigures not disclosed
- LHSL 2 LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£13.3m), from the Companies House accounts bulk data published Jan 2025. 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.