costain group plc

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costain group plc Company Information

Share COSTAIN GROUP PLC
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Company Number

01393773

Registered Address

costain house, vanwall business park, maidenhead, berkshire, SL6 4UB

Industry

Activities of head offices

 

Construction of roads and motorways

 
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Telephone

01214157047

Next Accounts Due

June 2024

Group Structure

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Directors

Alexander Vaughan5 Years

Helen Willis3 Years

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Shareholders

hsbc client holdings nominee (uk) ltd 25.3%

york place ltd & commez bank a.g. 24.9%

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costain group plc Estimated Valuation

£2.1b

Pomanda estimates the enterprise value of COSTAIN GROUP PLC at £2.1b based on a Turnover of £1.4b and 1.5x industry multiple (adjusted for size and gross margin).

costain group plc Estimated Valuation

£260.6m

Pomanda estimates the enterprise value of COSTAIN GROUP PLC at £260.6m based on an EBITDA of £46.8m and a 5.57x industry multiple (adjusted for size and gross margin).

costain group plc Estimated Valuation

£610.8m

Pomanda estimates the enterprise value of COSTAIN GROUP PLC at £610.8m based on Net Assets of £211.2m and 2.89x industry multiple (adjusted for liquidity).

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Costain Group Plc Overview

Costain Group Plc is a live company located in maidenhead, SL6 4UB with a Companies House number of 01393773. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in October 1978, it's largest shareholder is hsbc client holdings nominee (uk) ltd with a 25.3% stake. Costain Group Plc is a mature, mega sized company, Pomanda has estimated its turnover at £1.4b with healthy growth in recent years.

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Costain Group Plc Health Check

Pomanda's financial health check has awarded Costain Group Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £1.4b, make it larger than the average company (£14.4m)

£1.4b - Costain Group Plc

£14.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.8%)

7% - Costain Group Plc

3.8% - Industry AVG

production

Production

with a gross margin of 6.5%, this company has a higher cost of product (27.2%)

6.5% - Costain Group Plc

27.2% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (5.4%)

2.5% - Costain Group Plc

5.4% - Industry AVG

employees

Employees

with 3525 employees, this is above the industry average (72)

3525 - Costain Group Plc

72 - Industry AVG

paystructure

Pay Structure

on an average salary of £76.5k, the company has a higher pay structure (£49.7k)

£76.5k - Costain Group Plc

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £403.2k, this is more efficient (£183.1k)

£403.2k - Costain Group Plc

£183.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is earlier than average (54 days)

38 days - Costain Group Plc

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (37 days)

27 days - Costain Group Plc

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (32 days)

0 days - Costain Group Plc

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (19 weeks)

25 weeks - Costain Group Plc

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.2%, this is a similar level of debt than the average (60.7%)

56.2% - Costain Group Plc

60.7% - Industry AVG

costain group plc Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Costain Group Plc Competitor Analysis

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Perform a competitor analysis for costain group plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.

costain group plc Ownership

COSTAIN GROUP PLC Shareholders

hsbc client holdings nominee (uk) ltd 25.27%
york place ltd & commez bank a.g. 24.94%
hsbc global custody nominees (uk) ltd & mohammed abdulmohsin al-kharafi & sons wll 24.9%
bbhisl nominees ltd 24.9%

costain group plc directors

Costain Group Plc currently has 7 directors. The longest serving directors include Mr Alexander Vaughan (May 2019) and Ms Helen Willis (Nov 2020).

officercountryagestartendrole
Mr Alexander VaughanEngland54 years May 2019- Director
Ms Helen Willis60 years Nov 2020- Director
Mr Anthony Quinlan58 years Feb 2021- Director
Ms Fiona MacAulayEngland61 years Apr 2022- Director
Baroness Kate RockEngland55 years Nov 2022- Director
Mr Steven MogfordUnited Kingdom67 years Nov 2023- Director
Ms Amanda Fisher60 years Dec 2023- Director

COSTAIN GROUP PLC financials

EXPORTms excel logo

Costain Group Plc's latest turnover from December 2022 is £1.4 billion and the company has net assets of £211.2 million. According to their latest financial statements, Costain Group Plc has 3,525 employees and maintains cash reserves of £123.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,421,400,0001,135,200,000978,400,0001,155,600,0001,463,700,0001,684,000,0001,573,700,0001,263,600,0001,071,800,000885,200,000848,400,000868,500,000924,500,000993,400,000
Other Income Or Grants00000000000000
Cost Of Sales1,328,700,0001,095,000,0001,027,000,0001,114,800,0001,373,800,0001,595,800,0001,497,700,0001,196,900,0001,011,600,000826,700,000794,200,000818,800,000883,900,000949,200,000
Gross Profit92,700,00040,200,000-48,600,00040,800,00089,900,00088,200,00076,000,00066,700,00060,200,00058,500,00054,200,00049,700,00040,600,00044,200,000
Admin Expenses57,800,00049,700,00043,400,00044,000,00046,800,00041,000,00041,100,00037,100,00036,700,00039,400,00035,900,00027,200,0007,782,91723,567,722
Operating Profit34,900,000-9,500,000-92,000,000-3,200,00043,100,00047,200,00034,900,00029,600,00023,500,00019,100,00018,300,00022,500,00032,817,08320,632,278
Interest Payable3,900,0003,900,0005,100,0004,700,0003,600,0006,100,0004,800,0004,300,0004,300,0004,700,0003,700,00032,200,00032,200,00028,700,000
Interest Receivable1,800,000100,000800,0001,000,000400,000400,000600,000800,000700,000700,0001,000,00034,100,00030,700,00026,000,000
Pre-Tax Profit32,800,000-13,300,000-96,100,000-6,600,00040,200,00041,800,00030,900,00026,000,00022,600,00012,900,00024,700,00023,900,00027,900,00018,100,000
Tax-6,900,0007,500,00018,100,0003,700,000-7,400,000-9,200,000-4,500,000-3,800,000-1,600,000-400,000-1,600,000-5,200,000-4,800,000-3,500,000
Profit After Tax25,900,000-5,800,000-78,000,000-2,900,00032,800,00032,600,00026,400,00022,200,00021,000,00012,500,00023,100,00018,700,00023,100,00014,600,000
Dividends Paid000015,200,00011,900,00011,000,00010,200,0008,400,0006,700,0006,200,00005,400,0004,700,000
Retained Profit25,900,000-5,800,000-78,000,000-2,900,00017,600,00020,700,00015,400,00012,000,00012,600,0005,800,00016,900,00018,700,00017,700,0009,900,000
Employee Costs269,600,000233,200,000212,000,000239,700,000256,600,000258,100,000250,900,000221,600,000189,500,000177,400,000180,800,000162,000,000155,100,000144,500,000
Number Of Employees3,5253,3113,2693,6133,9624,1184,1904,0053,6463,6204,2834,1594,3494,003
EBITDA*46,800,0004,500,000-65,900,00023,000,00049,700,00047,200,00046,500,00036,400,00028,900,00023,200,00022,400,00025,300,00035,417,08324,232,278

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets183,900,000202,900,00091,000,00058,200,00048,800,00060,700,00067,400,00066,900,00078,500,00071,800,00084,400,00088,100,00086,900,000102,900,000
Intangible Assets52,200,00052,500,00052,100,00059,000,00058,500,00062,500,00065,900,00052,300,00031,000,00033,000,00018,700,00020,300,000100,0001,000,000
Investments & Other4,400,000400,000400,0002,500,000900,0001,100,000900,0002,600,00025,800,00027,300,00037,700,00022,800,00026,000,00028,800,000
Debtors (Due After 1 year)78,200,00088,000,00027,100,00011,600,0003,600,000008,200,000000018,900,00012,700,000
Total Fixed Assets161,400,000172,900,000119,500,000117,200,000107,300,000123,200,000133,300,000119,200,000109,500,000104,800,000103,100,000108,400,00087,000,000103,900,000
Stock & work in progress200,000300,000600,0001,300,0001,500,0001,400,0003,600,0002,900,0001,300,0001,600,0001,700,0002,300,0001,300,0002,400,000
Trade Debtors149,100,000159,900,00082,700,000203,500,00085,200,000289,700,000101,800,00083,500,00095,500,00087,400,00073,000,00084,800,00054,900,00098,100,000
Group Debtors200,000700,0005,300,0003,000,0001,500,00003,600,0001,500,00002,400,000800,000500,000400,0002,700,000
Misc Debtors38,100,00039,000,000130,700,00041,100,000189,800,0000193,700,000178,600,000101,600,000100,800,000107,700,000102,700,000106,700,000101,100,000
Cash123,800,000159,400,000150,900,000180,900,000189,300,000248,700,000210,200,000146,700,000148,500,00084,300,000107,400,000141,700,000146,000,000120,800,000
misc current assets9,400,0000000000000000
total current assets320,800,000359,500,000370,400,000435,300,000467,300,000539,800,000512,900,000413,200,000346,900,000276,500,000290,600,000332,000,000309,300,000325,100,000
total assets482,200,000532,400,000489,900,000552,500,000574,600,000663,000,000646,200,000532,400,000456,400,000381,300,000393,700,000440,400,000396,300,000429,000,000
Bank overdraft0000000001,600,0001,700,0001,600,0001,700,000300,000
Bank loan00000000000000
Trade Creditors 98,900,00093,700,00080,500,000103,800,000125,600,000402,500,000175,100,000128,800,000101,500,00090,500,000105,100,000108,100,000107,600,000129,400,000
Group/Directors Accounts00000000000000
other short term finances07,400,0007,200,00068,000,00011,200,00010,400,00041,500,00039,600,000025,000,0000021,200,00019,900,000
hp & lease commitments9,100,0008,600,00012,500,00012,800,0000000000000
other current liabilities143,200,000171,700,000166,100,000144,300,000189,900,00010,300,000225,000,000203,800,000197,800,000179,000,000196,300,000238,600,000180,900,000170,900,000
total current liabilities251,200,000281,400,000266,300,000328,900,000326,700,000423,200,000441,600,000372,200,000299,300,000296,100,000303,100,000348,300,000311,400,000320,500,000
loans30,000,000100,400,000120,800,000130,400,000121,000,000121,200,00060,200,000700,0001,300,00000000
hp & lease commitments15,000,00018,200,00020,800,00017,200,0000000000000
Accruals and Deferred Income00000000000000
other liabilities1,100,0001,800,0001,100,000700,000900,0001,300,0001,000,0002,100,0003,200,0004,300,0005,000,0006,100,0005,200,0004,500,000
provisions7,400,000011,200,00008,400,00047,800,000147,800,00073,600,00083,600,00075,200,000107,600,000110,400,00084,200,000215,600,000
total long term liabilities19,800,00052,000,00067,100,00065,900,00065,600,00085,800,000105,000,00039,600,00046,300,00041,900,00058,800,00061,300,00047,300,000112,300,000
total liabilities271,000,000333,400,000333,400,000394,800,000392,300,000509,000,000546,600,000411,800,000345,600,000338,000,000361,900,000409,600,000358,700,000432,800,000
net assets211,200,000199,000,000156,500,000157,700,000182,300,000154,000,00099,600,000120,600,000110,800,00043,300,00031,800,00030,800,00037,600,000-3,800,000
total shareholders funds211,200,000199,000,000156,500,000157,700,000182,300,000154,000,00099,600,000120,600,000110,800,00043,300,00031,800,00030,800,00037,600,000-3,800,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit34,900,000-9,500,000-92,000,000-3,200,00043,100,00047,200,00034,900,00029,600,00023,500,00019,100,00018,300,00022,500,00032,817,08320,632,278
Depreciation11,300,00012,900,00015,600,00023,600,0003,200,00006,400,0002,900,0002,000,0002,300,0002,300,0001,900,0001,700,0002,700,000
Amortisation600,0001,100,00010,500,0002,600,0003,400,00005,200,0003,900,0003,400,0001,800,0001,800,000900,000900,000900,000
Tax-6,900,0007,500,00018,100,0003,700,000-7,400,000-9,200,000-4,500,000-3,800,000-1,600,000-400,000-1,600,000-5,200,000-4,800,000-3,500,000
Stock-100,000-300,000-700,000-200,000100,000-2,200,000700,0001,600,000-300,000-100,000-600,0001,000,000-1,100,0002,400,000
Debtors-22,000,00041,800,000-13,400,000-20,900,000-9,600,000-9,400,00027,300,00074,700,0006,500,0009,100,000-6,500,0007,100,000-33,700,000214,600,000
Creditors5,200,00013,200,000-23,300,000-21,800,000-276,900,000227,400,00046,300,00027,300,00011,000,000-14,600,000-3,000,000500,000-21,800,000129,400,000
Accruals and Deferred Income-28,500,0005,600,00021,800,000-45,600,000179,600,000-214,700,00021,200,0006,000,00018,800,000-17,300,000-42,300,00057,700,00010,000,000170,900,000
Deferred Taxes & Provisions7,400,000-11,200,00011,200,000-8,400,000-39,400,000-100,000,00074,200,000-10,000,0008,400,000-32,400,000-2,800,00026,200,000-131,400,000215,600,000
Cash flow from operations46,100,000-21,900,000-24,000,000-28,000,000-84,900,000-37,700,000155,700,000-20,400,00059,300,000-50,500,000-20,200,00096,400,000-77,782,917319,632,278
Investing Activities
capital expenditure7,400,000-126,300,000-52,000,000-36,100,0009,300,00010,100,000-25,700,000-16,500,000-10,100,000-5,800,0001,200,000-24,200,00014,300,000-107,500,000
Change in Investments4,000,0000-2,100,0001,600,000-200,000200,000-1,700,000-23,200,000-1,500,000-10,400,00014,900,000-3,200,000-2,800,00028,800,000
cash flow from investments3,400,000-126,300,000-49,900,000-37,700,0009,500,0009,900,000-24,000,0006,700,000-8,600,0004,600,000-13,700,000-21,000,00017,100,000-136,300,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans -7,400,000200,000-60,800,00056,800,000800,000-31,100,0001,900,00039,600,000-25,000,00025,000,0000-21,200,0001,300,00019,900,000
Long term loans-70,400,000-20,400,000-9,600,0009,400,000-200,00061,000,00059,500,000-600,0001,300,00000000
Hire Purchase and Lease Commitments-2,700,000-6,500,0003,300,00030,000,0000000000000
other long term liabilities-700,000700,000400,000-200,000-400,000300,000-1,100,000-1,100,000-1,100,000-700,000-1,100,000900,000700,0004,500,000
share issue-13,700,00048,300,00076,800,000-21,700,00010,700,00033,700,000-36,400,000-2,200,00054,900,0005,700,000-15,900,000-25,500,00023,700,000-13,700,000
interest-2,100,000-3,800,000-4,300,000-3,700,000-3,200,000-5,700,000-4,200,000-3,500,000-3,600,000-4,000,000-2,700,0001,900,000-1,500,000-2,700,000
cash flow from financing-97,000,00018,500,0005,800,00070,600,0007,700,00058,200,00019,700,00032,200,00026,500,00026,000,000-19,700,000-43,900,00024,200,0008,000,000
cash and cash equivalents
cash-35,600,0008,500,000-30,000,000-8,400,000-59,400,00038,500,00063,500,000-1,800,00064,200,000-23,100,000-34,300,000-4,300,00025,200,000120,800,000
overdraft00000000-1,600,000-100,000100,000-100,0001,400,000300,000
change in cash-35,600,0008,500,000-30,000,000-8,400,000-59,400,00038,500,00063,500,000-1,800,00065,800,000-23,000,000-34,400,000-4,200,00023,800,000120,500,000

P&L

December 2022

turnover

1.4b

+25%

operating profit

34.9m

-467%

gross margin

6.6%

+84.17%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

211.2m

+0.06%

total assets

482.2m

-0.09%

cash

123.8m

-0.22%

net assets

Total assets minus all liabilities

costain group plc company details

company number

01393773

Type

Public limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

70100 - Activities of head offices

42110 - Construction of roads and motorways

incorporation date

October 1978

age

46

accounts

Group

ultimate parent company

None

previous names

trushelfco (no. 192) limited (December 1978)

incorporated

UK

address

costain house, vanwall business park, maidenhead, berkshire, SL6 4UB

last accounts submitted

December 2022

costain group 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 3 charges/mortgages relating to costain group plc. Currently there are 1 open charges and 2 have been satisfied in the past.

charges

costain group plc Companies House Filings - See Documents

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