SIMBA TOPCO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-25 (in 9mo)
Last made up 2026-02-11
Watchouts
None on the register
Cash
£6M
-34.9% vs 2023
Net assets
-£60M
-72.1% lowest in 3 filed years
Employees
356
-15% vs 2023
Profit before tax
-£25M
-7% vs 2023
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £60,145,621 | £55,624,397 | |
| Operating profit | — | -£15,872,700 | -£15,173,420 | |
| Profit before tax | — | -£23,502,591 | -£25,140,262 | |
| Net profit | -£999,036 | -£23,979,908 | -£25,432,106 | |
| Cash | — | £8,567,497 | £5,573,426 | |
| Total assets less current liabilities | — | £17,624,586 | £42,529,173 | |
| Net assets | £182,041 | -£35,082,299 | -£60,364,816 | |
| Equity | £182,041 | -£35,082,299 | -£60,364,816 | |
| Average employees | 0 | 419 | 356 | |
| Wages | £0 | £28,844,707 | £24,713,913 | |
| Directors' remuneration | — | £705,185 | £733,249 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-7.5%
£60,145,621 £55,624,397
-
Cash
-34.9%
£8,567,497 £5,573,426
-
Net assets
-72.1%
-£35,082,299 -£60,364,816
lowest in 3 filed years
-
Employees
-15%
419 356
-
Operating profit
+4.4%
-£15,872,700 -£15,173,420
-
Profit before tax
-7%
-£23,502,591 -£25,140,262
-
Wages
-14.3%
£28,844,707 £24,713,913
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -26.4% | -27.3% | |
| Net margin | — | -39.9% | -45.7% | |
| Return on capital employed | — | -90.1% | -35.7% | |
| Gearing (liabilities / total assets) | — | 137.1% | 179.8% | |
| Current ratio | — | 0.36x | 0.63x | |
| Interest cover | — | -2.04x | -1.51x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“management enjoyed strong support from both shareholders and lenders to identify inefficiencies within the business and review financial covenants in support of these strategic objectives. An amendment deed to our existing loan agreement with HSBC was successfully completed and signed in September 2024, with revised minimum liquidity and gross leverage tests in line with managements' transformation initiatives. There was no breach in covenants at 31 December 2024 and therefore all bank debt has not been classified as current at the year-end.”
Group structure
- SIMBA TOPCO LIMITED · parent
- Simba Midco Limited 100%
- Simba Bidco Limited 100%
- McNamara Marketing Holdings Limited 100%
- The Marketing Practice (UK) Limited 100%
- TMP Germany GmbH 100%
- The Marketing Practice, Inc 100%
- The Marketing Practice AU Ltd 100%
- Omobono Limited 100%
- Omobono Inc. 100%
- Kingpin Holdings Limited 100%
- Kingpin Communications Limited 100%
- Kingpin Communications, Inc. 100%
- 90octane Holdings LLC 100%
- 90octane LLC 100%
- Campaign Stars Inc. 100%
- Rombii Pty Limited 100%
- Rombii Marketing Services Pty Limited 100%
- Rombii Asia Pacific Pte Limited 100%
Significant events
- “Subsequent to the year-end, the Group successfully negotiated a new financing agreement with HSBC UK Bank Plc to provide additional covenant headroom and liquidity.”
- “The Group announced two key senior appointments to strengthen its leadership team. James Clifton joined as Chief Executive Officer on 2 January 2025... Dawn Coburn was appointed Chief Financial Officer and joined the Group on 6 March 2025.”
- “In the normal course of business, the Company buys back shares owned by former employees. Subsequent to year end, 95,060 class C1 Ordinary shares were repurchased by the company from former employees.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLIFTON, James Spencer | Director | 2025-01-02 | Jun 1972 | British |
| COBURN, Dawn | Director | 2025-03-06 | May 1979 | Irish |
| EVERETT, Paul Richard | Director | 2021-03-23 | Aug 1981 | British |
| KINGSTON, Luke Anthony | Director | 2021-02-12 | Jul 1978 | British |
| MCNAMARA, Clive David | Director | 2021-03-23 | Sep 1964 | British |
| MORRIS, Matthew David Andrew | Director | 2021-02-12 | Apr 1992 | British |
| ROLLS, Trevor Andrew | Director | 2021-03-23 | Dec 1972 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FARMER, Rachael Anne | Director | 2023-12-31 | 2025-02-14 |
| HARPER, Matthew David | Director | 2021-03-23 | 2024-10-16 |
| SCANLAN, William | Director | 2021-09-27 | 2023-12-31 |
| VAN SCHAICK, David George | Director | 2021-03-23 | 2023-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Horizon Capital Ii Gp Llp | Corporate entity | Voting 25–50% | 2021-05-28 | Active |
| Horizon Capital 2018 Limited Partnership | Corporate entity | Voting 50–75%, Appoints directors | 2021-02-12 | Ceased 2021-05-28 |
Filing timeline
Last 20 of 66 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-06-02 MA Memorandum articles
- 2023-06-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-22 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-06-17 | AA | accounts | Accounts with accounts type group | |
| 2025-05-16 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-03-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type group | |
| 2024-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-26 | CH01 | officers | Change person director company with change date | |
| 2024-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-08 | AA | accounts | Accounts with accounts type group | |
| 2023-08-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-02 | MA | incorporation | Memorandum articles | |
| 2023-06-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-09 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.