coral racing limited
coral racing limited Company Information
Company Number
00541600
Website
www.coral.co.ukRegistered Address
7th floor, one stratford place,, westfield stratford city, london, E20 1EJ
Industry
Gambling and betting activities
Telephone
-
Next Accounts Due
33 days late
Group Structure
View All
Shareholders
coral (holdings) limited 100%
coral racing limited Estimated Valuation
Pomanda estimates the enterprise value of CORAL RACING LIMITED at £0 based on a Turnover of £0 and 1x industry multiple (adjusted for size and gross margin).
coral racing limited Estimated Valuation
Pomanda estimates the enterprise value of CORAL RACING LIMITED at £0 based on an EBITDA of £0 and a 3.56x industry multiple (adjusted for size and gross margin).
coral racing limited Estimated Valuation
Pomanda estimates the enterprise value of CORAL RACING LIMITED at £293.2m based on Net Assets of £83.5m and 3.51x industry multiple (adjusted for liquidity).
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Coral Racing Limited Overview
Coral Racing Limited is a live company located in london, E20 1EJ with a Companies House number of 00541600. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in December 1954, it's largest shareholder is coral (holdings) limited with a 100% stake. Coral Racing Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Coral Racing Limited Health Check
There is insufficient data available to calculate a health check for Coral Racing Limited. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (-2.6%)
- - Coral Racing Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (113)
- Coral Racing Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Coral Racing Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Coral Racing Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Coral Racing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (57.8%)
- - Coral Racing Limited
- - Industry AVG
CORAL RACING LIMITED financials
Coral Racing Limited's latest turnover from December 2022 is 0 and the company has net assets of £83.5 million. According to their latest financial statements, we estimate that Coral Racing Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 136,836,000 | 577,065,000 | 598,371,000 | 867,406,000 | 667,786,000 | 668,107,000 | 628,179,000 | 603,447,000 | 550,769,000 | 575,535,000 | 584,434,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 37,578,000 | 157,106,000 | 152,846,000 | 241,021,000 | 180,610,000 | 168,567,000 | 109,622,000 | 104,956,000 | 91,432,000 | 97,734,000 | 100,165,000 |
| Gross Profit | 0 | 0 | 0 | 99,258,000 | 419,959,000 | 445,525,000 | 626,385,000 | 487,176,000 | 499,540,000 | 518,557,000 | 498,491,000 | 459,337,000 | 477,801,000 | 484,269,000 |
| Admin Expenses | 0 | 0 | 0 | 72,620,000 | 477,468,000 | 438,188,000 | 534,501,000 | 390,045,000 | 421,940,000 | 418,134,000 | 375,498,000 | 332,602,000 | 312,964,000 | 332,970,000 |
| Operating Profit | 0 | 0 | 0 | 26,638,000 | -57,509,000 | 7,337,000 | 91,884,000 | 97,131,000 | 77,600,000 | 100,423,000 | 122,993,000 | 126,735,000 | 164,837,000 | 151,299,000 |
| Interest Payable | 39,239,000 | 32,536,000 | 32,304,000 | 38,641,000 | 0 | 0 | 3,178,000 | 13,986,000 | 21,282,000 | 118,817,000 | 98,344,000 | 79,717,000 | 64,947,000 | 57,878,000 |
| Interest Receivable | 2,357,000 | 3,216,000 | 4,044,000 | 45,808,000 | 36,946,000 | 525,000 | 665,000 | 0 | 381,000 | 101,090,000 | 77,233,000 | 66,409,000 | 45,297,000 | 47,755,000 |
| Pre-Tax Profit | -36,882,000 | -29,320,000 | -28,260,000 | 33,805,000 | -52,750,000 | 7,642,000 | 91,174,000 | 92,367,000 | 56,703,000 | 81,627,000 | 101,348,000 | 112,505,000 | 1,578,000 | -5,075,000 |
| Tax | 0 | 0 | -72,000 | -971,000 | -1,744,000 | 4,118,000 | 2,102,000 | 6,844,000 | -3,216,000 | -29,384,000 | -28,584,000 | -33,791,000 | 1,869,000 | 2,181,000 |
| Profit After Tax | -36,882,000 | -29,320,000 | -28,332,000 | 32,834,000 | -54,494,000 | 11,760,000 | 93,276,000 | 99,211,000 | 53,487,000 | 52,243,000 | 72,764,000 | 78,714,000 | 3,447,000 | -2,894,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -36,882,000 | -29,320,000 | -28,332,000 | 32,834,000 | -54,494,000 | 11,760,000 | 93,276,000 | 99,211,000 | 53,487,000 | 52,243,000 | 72,764,000 | 78,714,000 | 3,447,000 | -2,894,000 |
| Employee Costs | 0 | 0 | 0 | 34,537,000 | 148,408,000 | 161,292,000 | 217,810,000 | 164,154,000 | 170,064,000 | 175,107,000 | 188,434,000 | 138,378,000 | 138,992,000 | 148,286,000 |
| Number Of Employees | 1,972 | 7,890 | 8,758 | 9,800 | 9,529 | 9,873 | 10,380 | 10,404 | 9,375 | 8,969 | 10,586 | |||
| EBITDA* | 0 | 0 | 0 | 30,415,000 | -44,559,000 | 32,808,000 | 115,196,000 | 118,793,000 | 99,476,000 | 123,807,000 | 143,401,000 | 151,130,000 | 188,731,000 | 175,810,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,261,079,000 | 1,277,696,000 | 0 | 0 | 127,171,000 | 126,581,000 | 55,338,000 | 379,717,000 | 382,278,000 | 369,069,000 | 353,388,000 | 352,192,000 | 359,244,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 161,598,000 | 161,216,000 | 161,248,000 | 145,835,000 | 145,835,000 | 140,476,000 | 140,476,000 | 136,642,000 | 136,642,000 |
| Investments & Other | 0 | 77,373,000 | 93,990,000 | 110,784,000 | 94,899,000 | 35,699,000 | 35,699,000 | 71,452,000 | 35,950,000 | 36,726,000 | 181,474,000 | 199,083,000 | 178,397,000 | 180,937,000 |
| Debtors (Due After 1 year) | 29,773,000 | 1,183,706,000 | 1,183,706,000 | 1,241,938,000 | 0 | 0 | 0 | 0 | 0 | 1,334,717,000 | 1,084,610,000 | 905,654,000 | 428,315,000 | 688,289,000 |
| Total Fixed Assets | 29,773,000 | 1,261,079,000 | 1,277,696,000 | 1,352,722,000 | 94,899,000 | 288,769,000 | 287,797,000 | 288,038,000 | 561,502,000 | 1,899,556,000 | 1,775,629,000 | 1,598,601,000 | 1,095,546,000 | 1,365,112,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 164,000 | 349,000 | 411,000 | 628,000 | 2,465,000 | 1,573,000 | 919,000 | 707,000 | 697,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 387,000 |
| Group Debtors | 1,183,706,000 | 0 | 0 | 0 | 1,137,149,000 | 875,154,000 | 800,753,000 | 223,941,000 | 5,769,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 12,122,000 | 0 | 0 | 412,000 | 34,944,000 | 61,255,000 | 37,795,000 | 22,401,000 | 23,167,000 | 23,521,000 | 29,004,000 | 35,929,000 | 31,488,000 | 23,776,000 |
| Cash | 0 | 0 | 0 | 0 | 15,100,000 | 16,558,000 | 15,301,000 | 16,848,000 | 13,821,000 | 14,711,000 | 14,127,000 | 15,279,000 | 20,429,000 | 135,106,000 |
| misc current assets | 0 | 15,200,000 | 16,875,000 | 18,341,000 | 0 | 0 | 9,126,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,195,828,000 | 15,200,000 | 16,875,000 | 18,753,000 | 1,187,193,000 | 953,131,000 | 863,324,000 | 263,601,000 | 43,385,000 | 40,697,000 | 44,704,000 | 52,127,000 | 52,624,000 | 159,966,000 |
| total assets | 1,225,601,000 | 1,276,279,000 | 1,294,571,000 | 1,371,475,000 | 1,282,092,000 | 1,241,900,000 | 1,151,121,000 | 551,639,000 | 604,887,000 | 1,940,253,000 | 1,820,333,000 | 1,650,728,000 | 1,148,170,000 | 1,525,078,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 1,833,000 | 4,679,000 | 5,173,000 | 14,678,000 | 11,427,000 | 18,554,000 | 20,528,000 | 12,571,000 | 11,112,000 | 16,942,000 |
| Group/Directors Accounts | 1,101,025,000 | 0 | 0 | 1,099,978,000 | 1,004,419,000 | 0 | 0 | 312,411,000 | 216,456,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 12,122,000 | 15,200,000 | 16,875,000 | 18,341,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 1,098,986,000 | 1,069,666,000 | 0 | 56,006,000 | 964,277,000 | 900,642,000 | 69,293,000 | 56,686,000 | 44,443,000 | 33,988,000 | 37,522,000 | 32,272,000 | 46,495,000 |
| total current liabilities | 1,113,147,000 | 1,114,186,000 | 1,086,541,000 | 1,118,319,000 | 1,062,258,000 | 968,956,000 | 905,815,000 | 396,382,000 | 284,569,000 | 62,997,000 | 54,516,000 | 50,093,000 | 43,384,000 | 63,437,000 |
| loans | 0 | 83,348,000 | 116,582,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,631,586,000 | 1,564,302,000 | 1,492,228,000 | 979,510,000 | 1,336,652,000 |
| hp & lease commitments | 28,917,000 | 41,674,000 | 58,291,000 | 75,085,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 35,121,000 | 70,864,000 | 59,104,000 | 29,658,000 | 21,100,000 | 6,325,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 28,917,000 | 41,674,000 | 58,291,000 | 75,085,000 | 35,121,000 | 35,432,000 | 29,552,000 | 29,658,000 | 21,100,000 | 1,637,911,000 | 1,564,302,000 | 1,492,228,000 | 979,510,000 | 1,336,652,000 |
| total liabilities | 1,142,064,000 | 1,155,860,000 | 1,144,832,000 | 1,193,404,000 | 1,097,379,000 | 1,004,388,000 | 935,367,000 | 426,040,000 | 305,669,000 | 1,700,908,000 | 1,618,818,000 | 1,542,321,000 | 1,022,894,000 | 1,400,089,000 |
| net assets | 83,537,000 | 120,419,000 | 149,739,000 | 178,071,000 | 184,713,000 | 237,512,000 | 215,754,000 | 125,599,000 | 299,218,000 | 239,345,000 | 201,515,000 | 108,407,000 | 125,276,000 | 124,989,000 |
| total shareholders funds | 83,537,000 | 120,419,000 | 149,739,000 | 178,071,000 | 184,713,000 | 237,512,000 | 215,754,000 | 125,599,000 | 299,218,000 | 239,345,000 | 201,515,000 | 108,407,000 | 125,276,000 | 124,989,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 0 | 0 | 26,638,000 | -57,509,000 | 7,337,000 | 91,884,000 | 97,131,000 | 77,600,000 | 100,423,000 | 122,993,000 | 126,735,000 | 164,837,000 | 151,299,000 |
| Depreciation | 0 | 0 | 0 | 3,777,000 | 10,928,000 | 22,664,000 | 23,154,000 | 21,662,000 | 21,876,000 | 23,384,000 | 20,408,000 | 24,395,000 | 23,894,000 | 24,511,000 |
| Amortisation | 0 | 0 | 0 | 0 | 2,022,000 | 2,807,000 | 158,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | -72,000 | -971,000 | -1,744,000 | 4,118,000 | 2,102,000 | 6,844,000 | -3,216,000 | -29,384,000 | -28,584,000 | -33,791,000 | 1,869,000 | 2,181,000 |
| Stock | 0 | 0 | 0 | 0 | -164,000 | -185,000 | -62,000 | -217,000 | -1,837,000 | 892,000 | 654,000 | 212,000 | 10,000 | 697,000 |
| Debtors | 41,895,000 | 0 | -58,644,000 | 70,257,000 | 235,684,000 | 97,861,000 | 592,206,000 | 217,406,000 | -1,329,302,000 | 244,624,000 | 172,031,000 | 481,780,000 | -252,649,000 | 712,452,000 |
| Creditors | 0 | 0 | 0 | -1,833,000 | -2,846,000 | -494,000 | -9,505,000 | 3,251,000 | -7,127,000 | -1,974,000 | 7,957,000 | 1,459,000 | -5,830,000 | 16,942,000 |
| Accruals and Deferred Income | -1,098,986,000 | 29,320,000 | 1,069,666,000 | -56,006,000 | -908,271,000 | 63,635,000 | 831,349,000 | 12,607,000 | 12,243,000 | 10,455,000 | -3,534,000 | 5,250,000 | -14,223,000 | 46,495,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -35,121,000 | -35,743,000 | 11,760,000 | 29,446,000 | 8,558,000 | 14,775,000 | 6,325,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,140,881,000 | 29,320,000 | 1,128,238,000 | -133,773,000 | -1,228,683,000 | 14,151,000 | 376,444,000 | -67,136,000 | 1,447,290,000 | -136,287,000 | -53,445,000 | 423,186,000 | -471,721,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -77,373,000 | -16,617,000 | -16,794,000 | 15,885,000 | 59,200,000 | 0 | -35,753,000 | 35,502,000 | -776,000 | -144,748,000 | -17,609,000 | 20,686,000 | -2,540,000 | 180,937,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,101,025,000 | 0 | -1,099,978,000 | 95,559,000 | 1,004,419,000 | 0 | -312,411,000 | 95,955,000 | 216,456,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -83,348,000 | -33,234,000 | 116,582,000 | 0 | 0 | 0 | 0 | 0 | -1,631,586,000 | 67,284,000 | 72,074,000 | 512,718,000 | -357,142,000 | 1,336,652,000 |
| Hire Purchase and Lease Commitments | -15,835,000 | -18,292,000 | -18,260,000 | 93,426,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -36,882,000 | -29,320,000 | -28,260,000 | 7,167,000 | 36,946,000 | 525,000 | -2,513,000 | -13,986,000 | -20,901,000 | -17,727,000 | -21,111,000 | -13,308,000 | -19,650,000 | -10,123,000 |
| cash flow from financing | 964,960,000 | -80,846,000 | -1,029,916,000 | 156,676,000 | 1,043,060,000 | 10,523,000 | -318,045,000 | -190,861,000 | -1,429,645,000 | 35,144,000 | 71,307,000 | 403,827,000 | -379,952,000 | 1,454,412,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | -15,100,000 | -1,458,000 | 1,257,000 | -1,547,000 | 3,027,000 | -890,000 | 584,000 | -1,152,000 | -5,150,000 | -114,677,000 | 135,106,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -15,100,000 | -1,458,000 | 1,257,000 | -1,547,000 | 3,027,000 | -890,000 | 584,000 | -1,152,000 | -5,150,000 | -114,677,000 | 135,106,000 |
coral racing limited Credit Report and Business Information
Coral Racing Limited Competitor Analysis
Perform a competitor analysis for coral racing limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mature companies, companies in E20 area or any other competitors across 12 key performance metrics.
coral racing limited Ownership
CORAL RACING LIMITED group structure
Coral Racing Limited has 1 subsidiary company.
Ultimate parent company
ENTAIN PLC
#0060873
2 parents
CORAL RACING LIMITED
00541600
1 subsidiary
coral racing limited directors
Coral Racing Limited currently has 5 directors. The longest serving directors include Mr Robert Templeman (Apr 2011) and Mr Robert Wood (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Templeman | 67 years | Apr 2011 | - | Director | |
| Mr Robert Wood | United Kingdom | 44 years | May 2017 | - | Director |
| Mr Andrew Hicks | United Kingdom | 54 years | Dec 2019 | - | Director |
| Mr Timothy Taylor | United Kingdom | 55 years | Jan 2022 | - | Director |
| Mr Andrew Davison | United Kingdom | 44 years | Oct 2022 | - | Director |
P&L
December 2022turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
83.5m
-0.31%
total assets
1.2b
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
coral racing limited company details
company number
00541600
Type
Private limited with Share Capital
industry
92000 - Gambling and betting activities
incorporation date
December 1954
age
70
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
joe coral limited (December 1977)
accountant
-
auditor
KPMG LLP
address
7th floor, one stratford place,, westfield stratford city, london, E20 1EJ
Bank
HSBC BANK PLC
Legal Advisor
-
coral racing limited 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 10 charges/mortgages relating to coral racing limited. Currently there are 0 open charges and 10 have been satisfied in the past.
coral racing limited Companies House Filings - See Documents
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