cory barking operations limited

cory barking operations limited Company Information

Share CORY BARKING OPERATIONS LIMITED
Live 
MatureLargeDeclining

Company Number

01600851

Industry

Treatment and disposal of hazardous waste

 

Collection of non-hazardous waste

 
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Shareholders

cory barking holdings limited

Group Structure

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Contact

Registered Address

level 5 10 dominion street, london, EC2M 2EF

cory barking operations limited Estimated Valuation

£9.7m

Pomanda estimates the enterprise value of CORY BARKING OPERATIONS LIMITED at £9.7m based on a Turnover of £23.3m and 0.42x industry multiple (adjusted for size and gross margin).

cory barking operations limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CORY BARKING OPERATIONS LIMITED at £0 based on an EBITDA of £-1.6m and a 2.55x industry multiple (adjusted for size and gross margin).

cory barking operations limited Estimated Valuation

£37.9m

Pomanda estimates the enterprise value of CORY BARKING OPERATIONS LIMITED at £37.9m based on Net Assets of £13.8m and 2.75x industry multiple (adjusted for liquidity).

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Cory Barking Operations Limited Overview

Cory Barking Operations Limited is a live company located in london, EC2M 2EF with a Companies House number of 01600851. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in November 1981, it's largest shareholder is cory barking holdings limited with a 100% stake. Cory Barking Operations Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.3m with declining growth in recent years.

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Cory Barking Operations Limited Health Check

Pomanda's financial health check has awarded Cory Barking Operations Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

0 Regular

positive_score

7 Weak

size

Size

annual sales of £23.3m, make it larger than the average company (£13.9m)

£23.3m - Cory Barking Operations Limited

£13.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (8.5%)

-6% - Cory Barking Operations Limited

8.5% - Industry AVG

production

Production

with a gross margin of -2.7%, this company has a higher cost of product (25.6%)

-2.7% - Cory Barking Operations Limited

25.6% - Industry AVG

profitability

Profitability

an operating margin of -13.9% make it less profitable than the average company (7.7%)

-13.9% - Cory Barking Operations Limited

7.7% - Industry AVG

employees

Employees

with 36 employees, this is below the industry average (51)

36 - Cory Barking Operations Limited

51 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.6k, the company has a higher pay structure (£44.5k)

£55.6k - Cory Barking Operations Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £647.8k, this is more efficient (£213.6k)

£647.8k - Cory Barking Operations Limited

£213.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (48 days)

32 days - Cory Barking Operations Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (35 days)

12 days - Cory Barking Operations Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cory Barking Operations Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (12 weeks)

43 weeks - Cory Barking Operations Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.7%, this is a higher level of debt than the average (64.1%)

72.7% - Cory Barking Operations Limited

64.1% - Industry AVG

CORY BARKING OPERATIONS LIMITED financials

EXPORTms excel logo

Cory Barking Operations Limited's latest turnover from December 2023 is £23.3 million and the company has net assets of £13.8 million. According to their latest financial statements, Cory Barking Operations Limited has 36 employees and maintains cash reserves of £29.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover23,319,00027,223,00041,829,00027,806,00034,462,31434,393,47533,886,04535,258,24327,007,24722,843,11617,821,93217,726,80517,535,28515,010,84114,235,723
Other Income Or Grants000000000000000
Cost Of Sales23,946,00028,926,00034,396,00021,003,00026,788,42726,350,21525,194,88125,526,63619,412,38215,790,81812,338,40812,241,83111,852,44810,129,6669,548,564
Gross Profit-627,000-1,703,0007,433,0006,803,0007,673,8878,043,2608,691,1649,731,6077,594,8657,052,2985,483,5245,484,9745,682,8374,881,1754,687,159
Admin Expenses2,609,0002,099,0005,807,0003,712,0003,501,4043,571,7933,794,5024,296,1223,431,0933,828,0253,269,1843,696,6883,826,5753,616,2823,661,102
Operating Profit-3,236,000-3,802,0001,626,0003,091,0004,172,4834,471,4674,896,6625,435,4854,163,7723,224,2732,214,3401,788,2861,856,2621,264,8931,026,057
Interest Payable079,000100,00073,00069,435137,811127,075115,118160,786153,205201,105276,955261,945274,128278,408
Interest Receivable1,305,0005,000001,66410,02200000004,0662,268
Pre-Tax Profit-1,931,000-3,876,0001,526,0003,018,0004,104,7124,343,6784,769,5875,063,3014,002,9863,071,0682,013,2351,511,3311,594,317994,831-2,403,775
Tax-158,000863,000-621,000-707,000-503,568-843,275-305,629-758,839-836,889-591,111-468,474-257,138-337,130-245,365652,937
Profit After Tax-2,089,000-3,013,000905,0002,311,0003,601,1443,500,4034,463,9584,304,4623,166,0972,479,9571,544,7611,254,1931,257,187749,466-1,750,838
Dividends Paid00003,000,0002,000,0002,000,0008,000,0000000000
Retained Profit-2,089,000-3,013,000905,0002,311,000601,1441,500,4032,463,958-3,695,5383,166,0972,479,9571,544,7611,254,1931,257,187749,466-1,750,838
Employee Costs2,001,0002,736,0003,419,0002,886,0003,035,0493,219,3653,342,3073,907,1433,955,3403,730,4773,611,7253,658,6583,816,1763,839,8133,964,835
Number Of Employees364654526976921031039392939898102
EBITDA*-1,618,000-1,851,0003,348,0004,865,0005,860,9796,284,8546,724,4247,256,7655,896,8044,737,9933,324,3033,007,0593,006,2942,419,0022,480,792

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets13,231,00011,138,00012,924,00013,147,00013,662,78313,783,13511,982,76612,107,20010,608,69210,174,1338,694,9508,389,3259,399,6388,914,2758,633,871
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)055,0000000000000000
Total Fixed Assets13,231,00011,193,00012,924,00013,147,00013,662,78313,783,13511,982,76612,107,20010,608,69210,174,1338,694,9508,389,3259,399,6388,914,2758,633,871
Stock & work in progress0014,00014,00034,05038,05041,85041,85042,77243,11841,50443,50446,35845,12641,504
Trade Debtors2,094,0002,054,0005,099,0003,982,0004,149,7956,463,1765,550,0624,974,6706,113,6495,530,9003,399,6263,283,3153,181,3163,250,6602,666,468
Group Debtors4,801,0004,636,0003,805,0001,647,0001,330,1421,175,6722,411,772686,5977,531,7675,805,9164,922,0752,897,1051,224,690680,222480,506
Misc Debtors729,0001,244,000187,00047,00056,89254,751375,09759,601474,92838,49140,83197,75044,72951,01258,430
Cash29,533,00034,166,0003,653,0006,343,0004,427,6822,492,0292,301,8442,398,456378,534213,64650,0226,36513,71919,80527,002
misc current assets000000000000000
total current assets37,157,00042,100,00012,758,00012,033,0009,998,56110,223,67810,680,6258,161,17414,541,65011,632,0718,454,0586,328,0394,510,8124,046,8253,273,910
total assets50,388,00053,293,00025,682,00025,180,00023,661,34424,006,81322,663,39120,268,37425,150,34221,806,20417,149,00814,717,36413,910,45012,961,10011,907,781
Bank overdraft0000000011,5821,356,2951,308,1771,429,537635,235740,88119,755
Bank loan000000000000000
Trade Creditors 813,000465,0001,949,0001,419,0001,792,4222,685,4442,731,6382,605,1612,844,7202,756,4331,951,0231,380,5191,631,4001,314,179863,538
Group/Directors Accounts32,971,00033,151,0001,770,0001,839,0001,847,8831,584,6911,327,08701,520,56715,22416,63821,84744,6811,466,7801,668,473
other short term finances000000000000000
hp & lease commitments0111,000358,000429,000457,945576,253885,446929,059768,943552,255529,468660,7621,244,6401,364,0151,649,790
other current liabilities1,619,0002,124,000797,0001,714,0002,138,8651,873,0012,458,0983,118,4642,966,2911,866,4701,425,9991,183,499845,037786,822521,397
total current liabilities35,403,00035,851,0004,874,0005,401,0006,237,1156,719,3897,402,2696,652,6848,112,1036,546,6775,231,3054,676,1644,400,9935,672,6774,722,953
loans00000003,372,95801,266,8031,230,9981,234,6801,265,88500
hp & lease commitments00175,000556,000745,9821,200,905893,4471,686,4791,494,6151,677,140867,856581,5561,237,5601,671,1522,523,778
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions1,219,0001,587,0001,765,0001,260,0001,026,4531,035,869817,4281,685,844761,797699,854683,076633,952669,193537,639330,884
total long term liabilities1,219,0001,587,0001,940,0001,816,0001,772,4352,236,7741,710,8752,529,4012,256,4123,643,7972,781,9302,450,1883,172,6382,208,7912,854,662
total liabilities36,622,00037,438,0006,814,0007,217,0008,009,5508,956,1639,113,1449,182,08510,368,51510,190,4748,013,2357,126,3527,573,6317,881,4687,577,615
net assets13,766,00015,855,00018,868,00017,963,00015,651,79415,050,65013,550,24711,086,28914,781,82711,615,7309,135,7737,591,0126,336,8195,079,6324,330,166
total shareholders funds13,766,00015,855,00018,868,00017,963,00015,651,79415,050,65013,550,24711,086,28914,781,82711,615,7309,135,7737,591,0126,336,8195,079,6324,330,166
Dec 2023Dec 2022Dec 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-3,236,000-3,802,0001,626,0003,091,0004,172,4834,471,4674,896,6625,435,4854,163,7723,224,2732,214,3401,788,2861,856,2621,264,8931,026,057
Depreciation1,618,0001,951,0001,722,0001,774,0001,688,4961,813,3871,827,7621,821,2801,733,0321,513,7201,109,9631,218,7731,150,0321,154,1091,454,735
Amortisation000000000000000
Tax-158,000863,000-621,000-707,000-503,568-843,275-305,629-758,839-836,889-591,111-468,474-257,138-337,130-245,365652,937
Stock0-14,0000-20,050-4,000-3,8000-922-3461,614-2,000-2,8541,2323,62241,504
Debtors-365,000-1,102,0003,415,000139,171-2,156,770-643,3322,616,063-8,399,4762,745,0373,012,7752,084,3621,827,435468,841776,4903,205,404
Creditors348,000-1,484,000530,000-373,422-893,022-46,194126,477-239,55988,287805,410570,504-250,881317,221450,641863,538
Accruals and Deferred Income-505,0001,327,000-917,000-424,865265,864-585,097-660,366152,1731,099,821440,471242,500338,46258,215265,425521,397
Deferred Taxes & Provisions-368,000-178,000505,000233,547-9,416218,441-868,416924,04761,94316,77849,124-35,241131,554206,755330,884
Cash flow from operations-1,936,000-207,000-570,0003,474,1396,881,6075,675,8612,400,42715,734,9853,565,2752,395,1521,635,595977,6802,706,0812,316,3461,602,640
Investing Activities
capital expenditure-3,711,000-165,000-1,499,000-1,258,2170-3,728,457-1,702,958-3,319,788-2,136,565-1,482,848-1,137,485-224,598-680,369-1,134,91766,900
Change in Investments000000000000000
cash flow from investments-3,711,000-165,000-1,499,000-1,258,2170-3,728,457-1,702,958-3,319,788-2,136,565-1,482,848-1,137,485-224,598-680,369-1,134,91766,900
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-180,00031,381,000-69,000-8,883263,192257,6041,327,087-1,520,5671,505,343-1,414-5,209-22,834-1,422,099-201,6931,668,473
Other Short Term Loans 000000000000000
Long term loans000000-3,372,9583,372,958-1,266,80335,805-3,682-31,2051,265,88500
Hire Purchase and Lease Commitments-111,000-422,000-452,000-218,927-573,231-1,735-836,645351,98034,163832,071155,006-1,239,882-552,967-1,138,4014,173,568
other long term liabilities000000000000000
share issue00020600000000006,081,004
interest1,305,000-74,000-100,000-73,000-67,771-127,789-127,075-115,118-160,786-153,205-201,105-276,955-261,945-270,062-276,140
cash flow from financing1,014,00030,885,000-621,000-300,604-377,810128,080-3,009,5912,089,253111,917713,257-54,990-1,570,876-971,126-1,610,15611,646,905
cash and cash equivalents
cash-4,633,00030,513,000-2,690,0001,915,3181,935,653190,185-96,6122,019,922164,888163,62443,657-7,354-6,086-7,19727,002
overdraft0000000-11,582-1,344,71348,118-121,360794,302-105,646721,12619,755
change in cash-4,633,00030,513,000-2,690,0001,915,3181,935,653190,185-96,6122,031,5041,509,601115,506165,017-801,65699,560-728,3237,247

cory barking operations limited 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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Cory Barking Operations Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cory barking operations limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other large companies, companies in EC2M area or any other competitors across 12 key performance metrics.

cory barking operations limited Ownership

CORY BARKING OPERATIONS LIMITED group structure

Cory Barking Operations Limited has no subsidiary companies.

Ultimate parent company

2 parents

CORY BARKING OPERATIONS LIMITED

01600851

CORY BARKING OPERATIONS LIMITED Shareholders

cory barking holdings limited 100%

cory barking operations limited directors

Cory Barking Operations Limited currently has 3 directors. The longest serving directors include Ms Tara Donagity (Feb 2008) and Mr Benjamin Butler (Jan 2022).

officercountryagestartendrole
Ms Tara Donagity49 years Feb 2008- Director
Mr Benjamin ButlerUnited Kingdom43 years Jan 2022- Director
Mr Douglas Sutherland59 years Jan 2022- Director

P&L

December 2023

turnover

23.3m

-14%

operating profit

-3.2m

-15%

gross margin

-2.6%

-57.02%

turnover

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

Balance Sheet

December 2023

net assets

13.8m

-0.13%

total assets

50.4m

-0.05%

cash

29.5m

-0.14%

net assets

Total assets minus all liabilities

cory barking operations limited company details

company number

01600851

Type

Private limited with Share Capital

industry

38220 - Treatment and disposal of hazardous waste

38110 - Collection of non-hazardous waste

39000 - Remediation activities and other waste management services.

incorporation date

November 1981

age

43

incorporated

UK

accounts

Full Accounts

last accounts submitted

December 2023

previous names

mcgrath bros. (waste control) limited (August 2022)

mcgrath brothers (waste disposal) services limited (February 1991)

accountant

-

auditor

BDO LLP

address

level 5 10 dominion street, london, EC2M 2EF

Bank

ALLIED IRISH BANK, ALLIED IRISH BANK, ALLIED IRISH BANK

Legal Advisor

-

cory barking operations 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 6 charges/mortgages relating to cory barking operations limited. Currently there are 2 open charges and 4 have been satisfied in the past.

cory barking operations 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.

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cory barking operations limited Companies House Filings - See Documents

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