Pomanda estimates the enterprise value of CERDIC FOUNDRIES LIMITED at £1.5m based on a Turnover of £5.4m and 0.28x industry multiple (adjusted for size and gross margin).
cerdic foundries limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of CERDIC FOUNDRIES LIMITED at £1.1m based on an EBITDA of £426.5k and a 2.56x industry multiple (adjusted for size and gross margin).
cerdic foundries limitedEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of CERDIC FOUNDRIES LIMITED at £1.4m based on Net Assets of £1.1m and 1.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cerdic Foundries LimitedOverview
Cerdic Foundries Limited is a live company located in chard, TA20 1BB with a Companies House number of 00975764. It operates in the casting of iron sector, SIC Code 24510. Founded in March 1970, it's largest shareholder is
robicon partners
with a 100% stake. Cerdic Foundries Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Cerdic Foundries Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £5.4m, make it smaller than the average company (£31.8m)
£5.4m - Cerdic Foundries Limited
£31.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (11.4%)
27% - Cerdic Foundries Limited
11.4% - Industry AVG
Production
with a gross margin of 14%, this company has a comparable cost of product (14%)
14% - Cerdic Foundries Limited
14% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (4%)
6.5% - Cerdic Foundries Limited
4% - Industry AVG
Employees
with 55 employees, this is below the industry average (166)
55 - Cerdic Foundries Limited
166 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
£42.9k - Cerdic Foundries Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £97.5k, this is less efficient (£156.8k)
£97.5k - Cerdic Foundries Limited
£156.8k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (68 days)
64 days - Cerdic Foundries Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (52 days)
64 days - Cerdic Foundries Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (57 days)
31 days - Cerdic Foundries Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (6 weeks)
3 weeks - Cerdic Foundries Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.6%, this is a higher level of debt than the average (50.2%)
61.6% - Cerdic Foundries Limited
50.2% - Industry AVG
CERDIC FOUNDRIES LIMITED financials
EXPORT
Cerdic Foundries Limited's latest turnover from December 2023 is estimated at £5.4 million and the company has net assets of £1.1 million. According to their latest financial statements, Cerdic Foundries Limited has 55 employees and maintains cash reserves of £114.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
5,362,536
6,650,240
3,353,344
2,608,683
3,641,152
3,869,119
3,566,620
3,387,581
3,599,028
3,644,767
3,560,624
3,698,236
5,129,325
3,951,579
Other Income Or Grants
Cost Of Sales
4,611,891
5,692,262
2,948,361
2,216,304
3,110,408
3,295,463
2,769,904
2,186,928
2,181,872
2,868,625
2,814,511
2,909,255
4,116,357
3,121,788
Gross Profit
750,645
957,978
404,983
392,379
530,744
573,656
796,715
1,200,653
1,417,156
776,143
746,113
788,981
1,012,967
829,791
Admin Expenses
401,759
1,141,100
503,576
845,617
163,675
200,075
365,798
1,219,839
1,359,424
684,910
734,373
786,759
1,021,760
679,855
-402,370
Operating Profit
348,886
-183,122
-98,593
-453,238
367,069
373,581
430,917
-19,186
57,732
91,233
11,740
2,222
-8,793
149,936
402,370
Interest Payable
69,115
49,914
23,264
13,795
1,765
1,316
991
Interest Receivable
4,756
3,592
248
45
209
201
411
1,031
541
118
24
93
81
55
54
Pre-Tax Profit
284,527
-229,444
-121,609
-466,988
365,514
373,781
431,328
-191,471
57,282
91,351
11,764
2,316
-8,712
149,992
402,424
Tax
-71,132
-69,448
-71,018
-81,952
31,735
-1,754
-19,184
-2,706
-556
-41,998
-112,679
Profit After Tax
213,395
-229,444
-121,609
-466,988
296,066
302,763
349,376
-159,736
55,528
72,167
9,058
1,760
-8,712
107,994
289,745
Dividends Paid
Retained Profit
213,395
-229,444
-121,609
-466,988
296,066
302,763
349,376
-159,736
55,528
72,167
9,058
1,760
-8,712
107,994
289,745
Employee Costs
2,359,206
1,848,763
1,375,479
1,572,514
1,915,364
1,748,720
1,598,778
1,560,473
1,189,342
1,181,381
1,075,305
1,049,499
1,640,699
1,288,659
Number Of Employees
55
47
36
43
50
49
48
48
37
39
36
34
54
50
EBITDA*
426,497
-88,214
-3,068
-326,236
505,203
512,648
582,193
34,725
85,858
119,101
45,536
24,441
13,427
174,539
431,776
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
265,272
319,146
341,386
406,330
549,878
502,618
619,345
650,195
50,719
33,657
61,525
28,008
50,227
36,611
48,810
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
265,272
319,146
341,386
406,330
549,878
502,618
619,345
650,195
50,719
33,657
61,525
28,008
50,227
36,611
48,810
Stock & work in progress
403,465
535,170
315,928
285,529
353,207
245,534
178,110
92,454
73,438
105,675
80,459
112,720
132,919
80,321
86,133
Trade Debtors
943,249
1,458,394
787,546
473,876
520,379
814,617
1,029,215
979,560
1,160,093
1,134,997
1,103,032
1,102,408
1,604,946
1,375,824
1,217,681
Group Debtors
894,346
945,695
1,076,027
1,030,032
1,010,318
812,711
490,663
37,299
Misc Debtors
188,011
179,620
154,504
125,854
135,648
152,524
109,435
397,121
Cash
114,929
66,257
139,009
59,653
29,801
25,991
27,562
136,855
56,210
43,001
4,066
5,366
32,009
532
21,552
misc current assets
total current assets
2,544,000
3,185,136
2,473,014
1,974,944
2,049,353
2,051,377
1,834,985
1,643,289
1,289,741
1,283,673
1,187,557
1,220,494
1,769,874
1,456,677
1,325,366
total assets
2,809,272
3,504,282
2,814,400
2,381,274
2,599,231
2,553,995
2,454,330
2,293,484
1,340,460
1,317,330
1,249,082
1,248,502
1,820,101
1,493,288
1,374,176
Bank overdraft
Bank loan
Trade Creditors
818,377
1,433,793
510,156
207,031
483,479
551,494
440,382
466,723
318,971
509,018
497,094
521,415
1,094,774
759,249
748,131
Group/Directors Accounts
other short term finances
522,329
628,605
133,333
59,129
52,293
hp & lease commitments
8,900
13,295
13,295
other current liabilities
390,868
473,784
797,885
472,086
193,507
328,373
638,033
786,805
157,649
total current liabilities
1,731,574
2,536,182
1,441,374
738,246
729,279
888,767
1,091,710
1,266,823
476,620
509,018
497,094
521,415
1,094,774
759,249
748,131
loans
77,778
211,111
340,871
hp & lease commitments
3,334
12,112
25,529
Accruals and Deferred Income
other liabilities
15,843
provisions
45,767
58,779
total long term liabilities
77,778
211,111
340,871
45,767
62,113
12,112
25,529
15,843
total liabilities
1,731,574
2,613,960
1,652,485
1,079,117
775,046
950,880
1,103,822
1,292,352
476,620
509,018
512,937
521,415
1,094,774
759,249
748,131
net assets
1,077,698
890,322
1,161,915
1,302,157
1,824,185
1,603,115
1,350,508
1,001,132
863,840
808,312
736,145
727,087
725,327
734,039
626,045
total shareholders funds
1,077,698
890,322
1,161,915
1,302,157
1,824,185
1,603,115
1,350,508
1,001,132
863,840
808,312
736,145
727,087
725,327
734,039
626,045
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
348,886
-183,122
-98,593
-453,238
367,069
373,581
430,917
-19,186
57,732
91,233
11,740
2,222
-8,793
149,936
402,370
Depreciation
77,611
94,908
95,525
127,002
138,134
139,067
151,276
53,911
28,126
27,868
33,796
22,219
22,220
24,603
29,406
Amortisation
Tax
-71,132
-69,448
-71,018
-81,952
31,735
-1,754
-19,184
-2,706
-556
-41,998
-112,679
Stock
-131,705
219,242
30,399
-67,678
107,673
67,424
85,656
19,016
-32,237
25,216
-32,261
-20,199
52,598
-5,812
86,133
Debtors
-558,103
565,632
388,315
-36,583
-113,507
150,539
215,333
253,887
25,096
31,965
624
-502,538
229,122
158,143
1,217,681
Creditors
-615,416
923,637
303,125
-276,448
-68,015
111,112
-26,341
147,752
-190,047
11,924
-24,321
-573,359
335,525
11,118
748,131
Accruals and Deferred Income
-82,916
-324,101
325,799
278,579
-134,866
-309,660
-148,772
629,156
157,649
Deferred Taxes & Provisions
-45,767
-13,012
58,779
Cash flow from operations
346,841
-273,552
207,142
-265,611
225,696
83,898
24,139
570,465
58,847
54,660
50,146
-26,737
67,232
-8,672
-236,586
Investing Activities
capital expenditure
-23,737
-72,668
-30,581
16,546
-185,394
-22,340
-120,426
-653,387
-45,188
-67,313
-35,836
-12,404
-78,216
Change in Investments
cash flow from investments
-23,737
-72,668
-30,581
16,546
-185,394
-22,340
-120,426
-653,387
-45,188
-67,313
-35,836
-12,404
-78,216
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-106,276
495,272
74,204
6,836
52,293
Long term loans
-77,778
-133,333
-129,760
340,871
Hire Purchase and Lease Commitments
-12,234
-13,173
-13,417
38,824
other long term liabilities
-15,843
15,843
share issue
-26,019
-42,149
-18,633
-55,040
-74,996
-50,156
297,028
336,300
interest
-64,359
-46,322
-23,016
-13,750
-1,556
201
411
-285
-450
118
24
93
81
55
54
cash flow from financing
-274,432
273,468
-97,205
278,917
-36,493
-63,128
-13,006
335,567
-450
-15,725
15,867
93
81
55
336,354
cash and cash equivalents
cash
48,672
-72,752
79,356
29,852
3,810
-1,571
-109,293
80,645
13,209
38,935
-1,300
-26,643
31,477
-21,020
21,552
overdraft
change in cash
48,672
-72,752
79,356
29,852
3,810
-1,571
-109,293
80,645
13,209
38,935
-1,300
-26,643
31,477
-21,020
21,552
cerdic foundries limited 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 cerdic foundries limited. Get real-time insights into cerdic foundries limited's credit score, group structure and payment trends.
Perform a competitor analysis for cerdic foundries limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in TA20 area or any other competitors across 12 key performance metrics.
cerdic foundries limited Ownership
CERDIC FOUNDRIES LIMITED group structure
Cerdic Foundries Limited has no subsidiary companies.
Ultimate parent company
ROBICON PARTNERS
#0158261
1 parent
CERDIC FOUNDRIES LIMITED
00975764
CERDIC FOUNDRIES LIMITED Shareholders
The sole shareholder of Cerdic Foundries Limited is Robicon Partners.
robicon partners
100%
cerdic foundries limited directors
Cerdic Foundries Limited currently has 7 directors.
The longest serving directors include
Mr Ian Fisher (Dec 2016) and
Mr Jonathan Richardson (Dec 2016).
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 did not find charges/mortgages relating to cerdic foundries limited.
cerdic foundries limited 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 CERDIC FOUNDRIES LIMITED. This can take several minutes, an email will notify you when this has completed.
cerdic foundries limitedCompanies House Filings - See Documents
