Pomanda estimates the enterprise value of RICARDO PLC at £438.8m based on a Turnover of £474.7m and 0.92x industry multiple (adjusted for size and gross margin).
ricardo plcEstimated Valuation
£245.8m
Pomanda estimates the enterprise value of RICARDO PLC at £245.8m based on an EBITDA of £32.7m and a 7.52x industry multiple (adjusted for size and gross margin).
ricardo plcEstimated Valuation
£356.5m
Pomanda estimates the enterprise value of RICARDO PLC at £356.5m based on Net Assets of £164.7m and 2.16x industry multiple (adjusted for liquidity).
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Ricardo PlcOverview
Ricardo Plc is a live company located in west sussex, BN43 5FG with a Companies House number of 00222915. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 1927, it's largest shareholder is
unknown.
Ricardo Plc is a mature,
mega sized company, Pomanda has estimated its turnover at
£474.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Ricardo Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £474.7m, make it larger than the average company (£10.8m)
£474.7m - Ricardo Plc
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.5%)
11% - Ricardo Plc
9.5% - Industry AVG
Production
with a gross margin of 28.4%, this company has a higher cost of product (35.6%)
28.4% - Ricardo Plc
35.6% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6.1%)
2.7% - Ricardo Plc
6.1% - Industry AVG
Employees
with 2933 employees, this is above the industry average (61)
2933 - Ricardo Plc
61 - Industry AVG
Pay Structure
on an average salary of £73.2k, the company has a higher pay structure (£50k)
£73.2k - Ricardo Plc
£50k - Industry AVG
Efficiency
resulting in sales per employee of £161.8k, this is equally as efficient (£149k)
£161.8k - Ricardo Plc
£149k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (58 days)
91 days - Ricardo Plc
58 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (33 days)
27 days - Ricardo Plc
33 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (42 days)
31 days - Ricardo Plc
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is average cash available to meet short term requirements (17 weeks)
20 weeks - Ricardo Plc
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.5%, this is a higher level of debt than the average (55.5%)
61.5% - Ricardo Plc
55.5% - Industry AVG
RICARDO PLC financials
EXPORT
Ricardo Plc's latest turnover from June 2024 is £474.7 million and the company has net assets of £164.7 million. According to their latest financial statements, Ricardo Plc has 2,933 employees and maintains cash reserves of £48.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
474,700,000
445,200,000
380,200,000
343,700,000
352,000,000
384,400,000
378,500,000
352,100,000
332,400,000
257,500,000
236,200,000
229,700,000
197,400,000
196,500,000
162,800,000
Other Income Or Grants
Cost Of Sales
340,100,000
318,900,000
250,700,000
230,700,000
236,900,000
249,500,000
235,800,000
219,200,000
202,600,000
155,700,000
142,600,000
134,300,000
115,100,000
123,000,000
103,700,000
Gross Profit
134,600,000
126,300,000
129,500,000
113,000,000
115,100,000
134,900,000
142,700,000
132,900,000
129,800,000
101,800,000
93,600,000
95,400,000
82,300,000
73,500,000
59,100,000
Admin Expenses
121,800,000
128,200,000
113,300,000
106,300,000
116,000,000
-156,100,000
113,500,000
98,200,000
94,900,000
78,000,000
69,100,000
73,500,000
63,700,000
55,500,000
46,500,000
Operating Profit
12,800,000
-1,900,000
16,200,000
6,700,000
-900,000
291,000,000
29,200,000
34,700,000
34,900,000
23,800,000
24,500,000
21,900,000
18,600,000
18,000,000
12,600,000
Interest Payable
9,600,000
7,100,000
4,400,000
5,500,000
4,800,000
3,100,000
2,600,000
2,700,000
2,200,000
1,100,000
1,200,000
1,400,000
300,000
2,800,000
3,000,000
Interest Receivable
1,100,000
1,000,000
600,000
800,000
400,000
500,000
400,000
200,000
300,000
200,000
200,000
200,000
300,000
200,000
1,200,000
Pre-Tax Profit
4,300,000
-8,000,000
12,400,000
2,000,000
-5,300,000
26,500,000
27,000,000
32,200,000
33,000,000
22,900,000
23,500,000
20,700,000
17,600,000
15,400,000
10,800,000
Tax
-3,500,000
-4,000,000
-4,200,000
-1,800,000
-1,100,000
-6,600,000
-9,300,000
-7,400,000
-7,400,000
-4,300,000
-4,300,000
-3,900,000
-2,500,000
-500,000
Profit After Tax
800,000
-12,000,000
8,200,000
200,000
-6,400,000
19,900,000
17,700,000
24,800,000
25,600,000
18,600,000
19,200,000
16,800,000
15,100,000
15,400,000
10,300,000
Dividends Paid
7,700,000
6,700,000
5,000,000
1,100,000
11,500,000
11,000,000
10,500,000
9,800,000
8,900,000
8,100,000
7,500,000
6,600,000
6,100,000
5,600,000
5,500,000
Retained Profit
-7,000,000
-18,900,000
3,200,000
-900,000
-18,000,000
8,800,000
7,200,000
15,000,000
16,700,000
10,500,000
11,700,000
10,200,000
9,000,000
9,600,000
2,100,000
Employee Costs
214,800,000
206,800,000
195,200,000
182,000,000
188,500,000
179,900,000
175,000,000
166,500,000
160,000,000
118,200,000
117,900,000
110,300,000
95,900,000
86,500,000
79,000,000
Number Of Employees
2,933
2,911
2,915
2,905
3,050
2,955
2,896
2,710
2,683
2,125
2,075
1,974
1,679
1,512
1,530
EBITDA*
32,700,000
35,500,000
38,500,000
31,300,000
28,300,000
306,400,000
45,100,000
51,000,000
48,800,000
34,500,000
34,000,000
31,200,000
26,400,000
25,700,000
20,800,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
47,300,000
58,800,000
101,000,000
92,100,000
91,300,000
54,200,000
54,200,000
65,100,000
66,600,000
63,300,000
59,200,000
61,600,000
61,100,000
64,500,000
68,200,000
Intangible Assets
148,900,000
152,200,000
113,700,000
118,600,000
127,700,000
125,200,000
97,200,000
94,400,000
92,300,000
44,900,000
41,800,000
41,500,000
22,100,000
22,300,000
19,100,000
Investments & Other
15,200,000
6,800,000
2,900,000
1,900,000
Debtors (Due After 1 year)
16,900,000
23,500,000
11,500,000
10,600,000
12,600,000
1,200,000
Total Fixed Assets
196,200,000
211,000,000
205,700,000
202,400,000
209,600,000
179,400,000
151,400,000
159,500,000
158,900,000
108,200,000
101,000,000
103,100,000
83,200,000
86,800,000
87,300,000
Stock & work in progress
29,400,000
29,500,000
21,000,000
16,900,000
20,100,000
14,500,000
13,300,000
13,900,000
11,000,000
7,800,000
7,900,000
7,700,000
8,000,000
5,200,000
7,700,000
Trade Debtors
118,600,000
128,300,000
108,700,000
106,200,000
94,000,000
118,000,000
112,800,000
58,800,000
100,300,000
71,700,000
59,900,000
34,300,000
57,100,000
56,400,000
50,200,000
Group Debtors
59,000,000
Misc Debtors
28,100,000
25,200,000
20,000,000
20,700,000
21,600,000
23,400,000
22,500,000
19,800,000
14,000,000
6,900,000
6,700,000
20,600,000
5,900,000
5,500,000
5,000,000
Cash
48,600,000
49,800,000
49,400,000
42,000,000
66,300,000
36,300,000
33,100,000
27,900,000
23,700,000
59,700,000
12,600,000
6,800,000
10,100,000
9,900,000
7,800,000
misc current assets
800,000
2,300,000
800,000
900,000
3,900,000
300,000
1,400,000
1,500,000
1,600,000
2,300,000
1,100,000
1,300,000
1,700,000
900,000
2,400,000
total current assets
232,600,000
237,800,000
213,100,000
188,200,000
216,900,000
192,500,000
183,100,000
180,900,000
150,600,000
148,400,000
88,200,000
70,700,000
82,800,000
77,900,000
73,100,000
total assets
428,800,000
448,800,000
418,800,000
390,600,000
426,500,000
371,900,000
334,500,000
340,400,000
309,500,000
256,600,000
189,200,000
173,800,000
166,000,000
164,700,000
160,400,000
Bank overdraft
4,300,000
12,600,000
11,200,000
12,800,000
10,500,000
4,000,000
9,300,000
6,000,000
3,400,000
700,000
400,000
5,500,000
3,100,000
Bank loan
1,900,000
2,700,000
12,100,000
Trade Creditors
25,900,000
28,100,000
17,800,000
16,100,000
9,600,000
21,300,000
15,000,000
18,300,000
34,500,000
15,600,000
15,700,000
4,900,000
5,300,000
6,500,000
7,600,000
Group/Directors Accounts
other short term finances
500,000
1,000,000
5,100,000
1,000,000
6,500,000
1,100,000
100,000
hp & lease commitments
6,000,000
5,800,000
5,000,000
5,500,000
6,800,000
other current liabilities
88,600,000
82,100,000
73,100,000
65,900,000
73,100,000
70,400,000
77,100,000
72,100,000
50,800,000
54,400,000
44,500,000
45,800,000
47,500,000
46,100,000
36,500,000
total current liabilities
125,300,000
129,600,000
112,200,000
101,300,000
106,500,000
95,700,000
102,500,000
96,400,000
88,700,000
70,100,000
60,200,000
51,400,000
55,100,000
60,800,000
59,300,000
loans
240,900,000
237,200,000
186,000,000
189,800,000
303,400,000
159,400,000
99,600,000
119,600,000
109,400,000
90,800,000
400,000
1,000,000
hp & lease commitments
17,800,000
19,400,000
18,300,000
18,800,000
23,000,000
Accruals and Deferred Income
other liabilities
1,200,000
4,800,000
3,600,000
5,100,000
4,600,000
19,700,000
provisions
33,200,000
38,400,000
32,000,000
23,200,000
31,200,000
39,000,000
13,600,000
57,000,000
53,200,000
50,200,000
42,800,000
5,600,000
42,200,000
28,200,000
71,400,000
total long term liabilities
138,300,000
142,600,000
109,000,000
106,500,000
170,900,000
104,300,000
61,200,000
88,300,000
81,300,000
70,500,000
21,400,000
22,500,000
21,100,000
14,300,000
36,300,000
total liabilities
263,600,000
272,200,000
221,200,000
207,800,000
277,400,000
200,000,000
163,700,000
184,700,000
170,000,000
140,600,000
81,600,000
73,900,000
76,200,000
75,100,000
95,600,000
net assets
164,700,000
176,200,000
197,400,000
182,600,000
148,600,000
171,400,000
170,400,000
155,400,000
139,500,000
116,000,000
107,600,000
99,900,000
89,800,000
89,600,000
64,800,000
total shareholders funds
164,700,000
176,200,000
197,400,000
182,600,000
148,600,000
171,400,000
170,400,000
155,400,000
139,500,000
116,000,000
107,600,000
99,900,000
89,800,000
89,600,000
64,800,000
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
12,800,000
-1,900,000
16,200,000
6,700,000
-900,000
291,000,000
29,200,000
34,700,000
34,900,000
23,800,000
24,500,000
21,900,000
18,600,000
18,000,000
12,600,000
Depreciation
5,500,000
16,500,000
9,700,000
11,400,000
17,200,000
5,600,000
6,400,000
7,200,000
6,500,000
6,500,000
6,500,000
7,100,000
6,600,000
7,000,000
7,400,000
Amortisation
14,400,000
20,900,000
12,600,000
13,200,000
12,000,000
9,800,000
9,500,000
9,100,000
7,400,000
4,200,000
3,000,000
2,200,000
1,200,000
700,000
800,000
Tax
-3,500,000
-4,000,000
-4,200,000
-1,800,000
-1,100,000
-6,600,000
-9,300,000
-7,400,000
-7,400,000
-4,300,000
-4,300,000
-3,900,000
-2,500,000
-500,000
Stock
-100,000
8,500,000
4,100,000
-3,200,000
5,600,000
1,200,000
-600,000
2,900,000
3,200,000
-100,000
200,000
-300,000
2,800,000
-2,500,000
7,700,000
Debtors
-13,400,000
36,800,000
2,700,000
9,300,000
-13,200,000
6,100,000
-2,300,000
23,300,000
35,700,000
12,000,000
11,700,000
-8,100,000
-100,000
7,900,000
55,200,000
Creditors
-2,200,000
10,300,000
1,700,000
6,500,000
-11,700,000
6,300,000
-3,300,000
-16,200,000
18,900,000
-100,000
10,800,000
-400,000
-1,200,000
-1,100,000
7,600,000
Accruals and Deferred Income
6,500,000
9,000,000
7,200,000
-7,200,000
2,700,000
-6,700,000
5,000,000
21,300,000
-3,600,000
9,900,000
-1,300,000
-1,700,000
1,400,000
9,600,000
36,500,000
Deferred Taxes & Provisions
-5,200,000
6,400,000
8,800,000
-8,000,000
-7,800,000
25,400,000
-43,400,000
3,800,000
3,000,000
7,400,000
37,200,000
-36,600,000
14,000,000
-43,200,000
71,400,000
Cash flow from operations
41,800,000
11,900,000
45,200,000
14,700,000
18,000,000
317,500,000
-3,000,000
26,300,000
20,800,000
35,500,000
64,500,000
-3,000,000
35,400,000
-14,400,000
72,900,000
Investing Activities
capital expenditure
-5,100,000
-33,700,000
-26,300,000
-16,300,000
-68,800,000
-43,400,000
-7,800,000
-16,900,000
-64,600,000
-17,900,000
-7,400,000
-29,200,000
-4,200,000
-7,200,000
-95,500,000
Change in Investments
-15,200,000
8,400,000
6,800,000
-2,900,000
2,900,000
-1,900,000
1,900,000
cash flow from investments
-5,100,000
-18,500,000
-34,700,000
-23,100,000
-65,900,000
-46,300,000
-7,800,000
-16,900,000
-64,600,000
-17,900,000
-7,400,000
-29,200,000
-2,300,000
-9,100,000
-95,500,000
Financing Activities
Bank loans
-1,900,000
-800,000
-9,400,000
12,100,000
Group/Directors Accounts
Other Short Term Loans
-500,000
-4,100,000
4,100,000
-5,500,000
6,500,000
-1,100,000
1,100,000
-100,000
100,000
Long term loans
3,700,000
51,200,000
-3,800,000
-113,600,000
144,000,000
59,800,000
-20,000,000
10,200,000
18,600,000
90,800,000
-400,000
-600,000
1,000,000
Hire Purchase and Lease Commitments
-1,400,000
1,900,000
-1,000,000
-5,500,000
29,800,000
other long term liabilities
-3,600,000
4,800,000
-3,600,000
-1,500,000
500,000
4,600,000
-19,700,000
19,700,000
share issue
-4,500,000
-2,300,000
11,600,000
34,900,000
-4,800,000
-7,800,000
7,800,000
900,000
6,800,000
-2,100,000
-4,000,000
-100,000
-8,800,000
15,200,000
62,700,000
interest
-8,500,000
-6,100,000
-3,800,000
-4,700,000
-4,400,000
-2,600,000
-2,200,000
-2,500,000
-1,900,000
-900,000
-1,000,000
-1,200,000
-2,600,000
-1,800,000
cash flow from financing
-14,800,000
45,400,000
7,100,000
-98,000,000
169,600,000
48,800,000
-8,700,000
8,600,000
23,400,000
87,900,000
-24,700,000
16,500,000
-10,000,000
2,600,000
74,000,000
cash and cash equivalents
cash
-1,200,000
400,000
7,400,000
-24,300,000
30,000,000
3,200,000
5,200,000
4,200,000
-36,000,000
47,100,000
5,800,000
-3,300,000
200,000
2,100,000
7,800,000
overdraft
-8,300,000
1,400,000
-1,600,000
2,300,000
6,500,000
-5,300,000
3,300,000
2,600,000
3,400,000
-700,000
300,000
-5,100,000
2,400,000
3,100,000
change in cash
7,100,000
-1,000,000
9,000,000
-26,600,000
23,500,000
8,500,000
1,900,000
1,600,000
-39,400,000
47,100,000
6,500,000
-3,600,000
5,300,000
-300,000
4,700,000
ricardo plc Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ricardo plc. Get real-time insights into ricardo plc's credit score, group structure and payment trends.
Perform a competitor analysis for ricardo plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in BN43 area or any other competitors across 12 key performance metrics.
71122 - Engineering related scientific and technical consulting activities
70100 - Activities of head offices
incorporation date
June 1927
age
98
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
June 2024
previous names
ricardo group plc (November 1999)
ricardo international plc (December 1992)
See more
accountant
-
auditor
KPMG LLP
address
shoreham technical centre, shoreham by sea, west sussex, BN43 5FG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
ricardo plc Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to ricardo plc. Currently there are 2 open charges and 2 have been satisfied in the past.
ricardo plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for RICARDO PLC. This can take several minutes, an email will notify you when this has completed.
ricardo plcCompanies House Filings - See Documents
