Ishtar Bidco Limited
Registered name: ISHTAR BIDCO LIMITED
Part of Tenzing Pe I GP LLP groupIshtar Bidco Limited made £262k revenue and a £1m loss in the year to 31 Dec 2023.
Ishtar Bidco Limited’s revenue grew 6% to £263k in the year to 31 Dec 2023, with a loss of £1m and 5 employees. The company is classified under “activities of other holding companies” and is based in Hungerford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hungerford, South East
- Age
- 8 yrs · since 2018
- 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.
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&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £247k | £263k |
| Gross profit | £247k | £263k |
| Operating profit | −£1.2m | −£1m |
| Profit before tax | −£1.2m | −£1m |
| Profit after tax | −£1.2m | −£1m |
| Profit (best available) | −£1.2m | −£1m |
| Staff costs | £1.4m | £736k |
| Employees (average) | 5 | 5 |
| Ratios | ||
| Profit margin | −490.1% | −389.2% |
| Gross margin | 100% | 100% |
| Revenue per employee | £49.5k | £52.5k |
| Profit per employee | −£242k | −£204k |
| Growth (year on year) | ||
| Revenue growth | — | ▲6.2% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £5.3k | £4.7k |
| Net assets | −£4.6m | −£5.7m |
| Fixed assets | £42m | £42m |
| Current assets | £1.5m | £2.9m |
| Debtors | £1.5m | £2.9m |
| Deferred income | £4.9k | −£42.3k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −389.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.5k
- Revenue ÷ average employees.
- Profit per employee
- −£204k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16001%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- −16.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1100%
- 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 −£5.7m
- Cash at bank
- ▼11%
- Now £4.7k
- Headcount
- 0%
- Now 5
- Deferred income
- ▼967%
- Now −£42.3k
- Fixed assets
- 0%
- Now £42m
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
- Tenzing Pe I GP LLPultimate parent50–75%
- Ishtar Topco Limited75–100%
- Ishtar Midco Limited75–100%
- Ishtar Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Corvia LimitedFigures 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 −£1m), 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.