Martin Bidco Limited
Private Limited Company · Kingston Upon Thames
ActiveUnited KingdomIncorporated 2020Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
−£21,773,764
Cash
£7,296
Turnover
—
Profit / loss
−£4,535,987
Current assets
£13,296
Creditors < 1 year
£2,150,380
Equity
−£21,773,764
Average employees
2
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£21,773,764 | −£17,237,777 |
| Equity | −£21,773,764 | −£17,237,777 |
| Share capital | £2 | £2 |
| Retained earnings | −£22,173,764 | −£17,637,777 |
| Assets | ||
| Fixed assets | £25,937,112 | £25,937,112 |
| Investments | £25,937,112 | £25,937,112 |
| Current assets | £13,296 | £2,393 |
| Cash at bank | £7,296 | £1,643 |
| Debtors | £6,000 | £750 |
| Liabilities | ||
| Creditors within one year | £2,150,380 | £2,378,616 |
| Creditors after one year | £45,573,792 | £40,798,666 |
| Bank loans & overdrafts | £1,244,446 | £1,402,206 |
| Net current assets | −£2,137,084 | −£2,376,223 |
| Assets less current liabilities | £23,800,028 | £23,560,889 |
| Profit & loss | ||
| Administrative expenses | £251,373 | £356,134 |
| Other operating income | £143,783 | £208,234 |
| Operating profit | −£107,590 | −£147,900 |
| Interest payable | £4,428,397 | £4,032,635 |
| Profit before tax | −£4,535,987 | −£4,180,535 |
| Profit / loss | −£4,535,987 | −£4,180,535 |
| Operating costs | ||
| Audit fees | £10,875 | — |
| People & pay | ||
| Average employees | 2 | 4 |
| Pension costs | — | £1,680 |
| Directors' remuneration | £71,400 | £131,157 |
| Highest paid director | £42,000 | £56,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Ultimate parent
- Martin Topco Limited
- Ultimate controlling party
- Primary Capital Partners LLP
- Accounts
- FRS 102
- Approved
- 2026-05-21, signed by Oliver Paul Lawson
Subsidiaries (2)
- Sigma Sports Holdings Limited · 100% · The Sidings, Station Road, Kingston upon Thames, KT1 4HG · Holding company
- Sigma Sports Limited · 100% · The Sidings, Station Road, Kingston upon Thames, KT1 4HG · Trading company
Related parties (4)
- shareholders · Related parties · Loan notes and accrued interest owed at year end · £41.0m
- shareholders · Related parties · Interest charged during the year · £4.2m
- shareholders · Related parties · Loan notes and accrued interest owed at year end · £36.9m
- shareholders · Related parties · Interest charged during the year · £3.7m
Borrowings (3)
- Loan notes · 41,044,445 · between 0% and 14.5% per annum · repayable February 2027; interest is calculated quarterly in arrears
- HSBC term loan B · 2.5% above SONIA · final repayment date being 17th February 2027
- HSBC RCF facility · 3.5% above SONIA
Share classes (1)
- 2 Ordinary shares of £1.00 each
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
4 outstanding chargesAll Assets · created 2024-04-29
—
OutstandingAll Assets · created 2023-06-30
—
OutstandingAll Assets · created 2021-02-18
—
OutstandingAll Assets · created 2021-02-18
—
Outstanding