PROJECT ADVANCE BIDCO LIMITED

14897925
Active United Kingdom

Activities of distribution holding companies

0 employees website.com
Activities of distribution holding companies
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PROJECT ADVANCE BIDCO LIMITED

14897925

Activities of distribution holding companies

Founded 26 May 2023 Active United Kingdom 0 employees website.com
Activities of distribution holding companies
Accounts Submitted 8 Jul 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 31 May 2026 Next due 8 Jun 2027 11 months remaining
Net assets £-4M £11M 2024 year on year
Total assets £55M £6M 2024 year on year
Total Liabilities £60M £5M 2024 year on year
Charges 2
1 outstanding 1 satisfied

Contact & Details

Contact

Full company profile for PROJECT ADVANCE BIDCO LIMITED (14897925), an active company based in United Kingdom. Incorporated 26 May 2023. Activities of distribution holding companies. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2023–2024)

Cash in Bank

N/A

Net Assets

-£4.33M

Decreased by £10.74M (-168%)

Total Liabilities

£59.55M

Increased by £5.10M (+9%)

Turnover

N/A

Employees

N/A

Debt Ratio

108%

Increased by 19 (+21%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 9,999,999 Shares £10.00m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
11 Aug 20239,999,999£10.00m£1

Officers

Officers

1 active 2 resigned
Status
Mckendrick, Iain CharlesDirectorBritishScotland611 Oct 2023Active

Shareholders

Shareholders (1)

Project Advance Topco Limited
100.0%
10,000,000

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 26 May 2023
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PROJECT ADVANCE BIDCO LIMITED Current Company
ASCO GROUP LIMITED united kingdom
ZANDER TOPCO LIMITED united kingdom

Charges

Charges

1 outstanding 1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
25 Jun 2026OfficersAppointment of Paul William Hunt as director on 22 Jun 2026
22 Jun 2026OfficersTermination of Antony Robert William Wright as director on 31 May 2026
22 Jun 2026OfficersTermination of Antony Robert William Wright as director on 31 May 2026
1 Jun 2026OfficersTermination of Antony Robert William Wright as director on 30 May 2026
1 Jun 2026OfficersTermination of Antony Robert William Wright as director on 30 May 2026
25 Jun 2026 Officers

Appointment of Paul William Hunt as director on 22 Jun 2026

22 Jun 2026 Officers

Termination of Antony Robert William Wright as director on 31 May 2026

22 Jun 2026 Officers

Termination of Antony Robert William Wright as director on 31 May 2026

1 Jun 2026 Officers

Termination of Antony Robert William Wright as director on 30 May 2026

1 Jun 2026 Officers

Termination of Antony Robert William Wright as director on 30 May 2026

Recent Activity

Latest Activity

Appointment of Paul William Hunt as director on 22 Jun 2026

2 days ago on 25 Jun 2026

Termination of Antony Robert William Wright as director on 31 May 2026

5 days ago on 22 Jun 2026

Termination of Antony Robert William Wright as director on 31 May 2026

5 days ago on 22 Jun 2026

Termination of Antony Robert William Wright as director on 30 May 2026

3 weeks ago on 1 Jun 2026

Termination of Antony Robert William Wright as director on 30 May 2026

3 weeks ago on 1 Jun 2026