CompanyTrack
P

PROJECT ADVANCE BIDCO LIMITED

Active Great Yarmouth

Activities of distribution holding companies

0 employees
Activities of distribution holding companies
P

PROJECT ADVANCE BIDCO LIMITED

Activities of distribution holding companies

Founded 26 May 2023 Active Great Yarmouth, England 0 employees
Activities of distribution holding companies
Accounts Submitted 8 Jul 2025
Confirmation Statement Submitted 3 Jun 2025
Net assets £-4.33M £10.74M 2024 year on year
Total assets £55.22M £5.64M 2024 year on year
Total Liabilities £59.55M £5.10M 2024 year on year
Charges 2
1 outstanding 1 satisfied

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Contact & Details

Registered Address

Great Yarmouth Offshore Supply Base South Denes Road Great Yarmouth Norfolk NR30 3LX England

Credit Report

Discover PROJECT ADVANCE BIDCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

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
Dec Year End
2023
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

6 active 2 resigned
Status
Andrew RossDirectorBritishUnited Kingdom4826 May 2023Active
Antony Robert William WrightDirectorBritishScotland5411 Aug 2023Active
Fraser McintyreSecretaryUnknownUnknown29 Sept 2023Active
Iain Charles MckendrickDirectorBritishScotland611 Oct 2023Active
Matthew Richard GreenDirectorBritishUnited Kingdom3514 Jul 2025Active
Timothy Michael Robert PettigrewDirectorBritishScotland5929 Sept 2023Active

Shareholders

Shareholders (1)

Project Advance Topco Limited
100.0%
10,000,0007 Jun 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Project Advance Topco Limited

United Kingdom

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 TOPCO LIMITED united kingdom significant influence or control
ENDLESS LLP united kingdom
ENDLESS V (GP) LP united kingdom part right to share surplus assets 75 to 100 percent
ENDLESS FOURTH PARTNER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ENDLESS V (GENERAL PARTNER) LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership, appoint/remove members limited liability partnership
ENDLESS THIRD PARTNER LIMITED united kingdom shares 75 to 100 percent as firm, voting rights 75 to 100 percent, appoint/remove directors
PROJECT ADVANCE BIDCO LIMITED Current Company
ASCO GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ZANDER TOPCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

1 outstanding 1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
14 Jul 2025OfficersTermination of Stefan Nowakowski as director on 2025-07-14View(1 page)
14 Jul 2025OfficersAppointment of Mr Matthew Richard Green as director on 2025-07-14View(2 pages)
8 Jul 2025AccountsAnnual accounts made up to 2024-12-31View(32 pages)
3 Jun 2025Confirmation StatementConfirmation statement made on 2025-05-25 with no updatesView(3 pages)
18 Sept 2024AccountsAnnual accounts made up to 2023-12-31View(31 pages)
14 Jul 2025 Officers

Termination of Stefan Nowakowski as director on 2025-07-14

14 Jul 2025 Officers

Appointment of Mr Matthew Richard Green as director on 2025-07-14

8 Jul 2025 Accounts

Annual accounts made up to 2024-12-31

3 Jun 2025 Confirmation Statement

Confirmation statement made on 2025-05-25 with no updates

18 Sept 2024 Accounts

Annual accounts made up to 2023-12-31

Recent Activity

Latest Activity

Termination of Stefan Nowakowski as director on 2025-07-14

7 months ago on 14 Jul 2025

Appointment of Mr Matthew Richard Green as director on 2025-07-14

7 months ago on 14 Jul 2025

Annual accounts made up to 2024-12-31

7 months ago on 8 Jul 2025

Confirmation statement made on 2025-05-25 with no updates

8 months ago on 3 Jun 2025

Annual accounts made up to 2023-12-31

1 years ago on 18 Sept 2024