cancer research technology limited
cancer research technology limited Company Information
Company Number
01626049
Registered Address
2 redman place, london, E20 1JQ
Industry
Research and experimental development on biotechnology
Telephone
02034696300
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
cancer research uk 100%
cancer research technology limited Estimated Valuation
Pomanda estimates the enterprise value of CANCER RESEARCH TECHNOLOGY LIMITED at £188.9m based on a Turnover of £76.4m and 2.47x industry multiple (adjusted for size and gross margin).
cancer research technology limited Estimated Valuation
Pomanda estimates the enterprise value of CANCER RESEARCH TECHNOLOGY LIMITED at £186.6m based on an EBITDA of £17.8m and a 10.46x industry multiple (adjusted for size and gross margin).
cancer research technology limited Estimated Valuation
Pomanda estimates the enterprise value of CANCER RESEARCH TECHNOLOGY LIMITED at £26.9m based on Net Assets of £12.5m and 2.15x industry multiple (adjusted for liquidity).
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Cancer Research Technology Limited Overview
Cancer Research Technology Limited is a live company located in london, E20 1JQ with a Companies House number of 01626049. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in March 1982, it's largest shareholder is cancer research uk with a 100% stake. Cancer Research Technology Limited is a mature, large sized company, Pomanda has estimated its turnover at £76.4m with declining growth in recent years.
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Cancer Research Technology Limited Health Check
Pomanda's financial health check has awarded Cancer Research Technology Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £76.4m, make it larger than the average company (£3.3m)
£76.4m - Cancer Research Technology Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (13.1%)
-10% - Cancer Research Technology Limited
13.1% - Industry AVG
Production
with a gross margin of 54.5%, this company has a comparable cost of product (53%)
54.5% - Cancer Research Technology Limited
53% - Industry AVG
Profitability
an operating margin of 22% make it more profitable than the average company (0.1%)
22% - Cancer Research Technology Limited
0.1% - Industry AVG
Employees
with 248 employees, this is above the industry average (42)
248 - Cancer Research Technology Limited
42 - Industry AVG
Pay Structure
on an average salary of £61.8k, the company has an equivalent pay structure (£71.1k)
£61.8k - Cancer Research Technology Limited
£71.1k - Industry AVG
Efficiency
resulting in sales per employee of £307.9k, this is more efficient (£131.2k)
£307.9k - Cancer Research Technology Limited
£131.2k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (51 days)
20 days - Cancer Research Technology Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (59 days)
19 days - Cancer Research Technology Limited
59 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cancer Research Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (35 weeks)
1 weeks - Cancer Research Technology Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.5%, this is a higher level of debt than the average (49.8%)
82.5% - Cancer Research Technology Limited
49.8% - Industry AVG
CANCER RESEARCH TECHNOLOGY LIMITED financials
Cancer Research Technology Limited's latest turnover from March 2023 is £76.4 million and the company has net assets of £12.5 million. According to their latest financial statements, Cancer Research Technology Limited has 248 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 76,352,000 | 92,194,000 | 91,355,000 | 106,417,000 | 114,622,000 | 93,898,000 | 82,349,000 | 79,244,000 | 61,861,000 | 61,992,000 | 49,654,000 | 36,702,000 | 32,722,000 | 32,754,617 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 34,728,000 | 45,617,000 | 46,758,000 | 54,642,000 | 59,804,000 | 49,647,000 | 43,623,000 | 43,012,000 | 30,211,000 | 30,652,000 | 26,685,000 | 17,901,000 | 15,735,000 | 16,044,500 |
| Gross Profit | 41,624,000 | 46,577,000 | 44,597,000 | 51,775,000 | 54,818,000 | 44,251,000 | 38,726,000 | 36,232,000 | 31,650,000 | 31,340,000 | 22,969,000 | 18,801,000 | 16,987,000 | 16,710,117 |
| Admin Expenses | 24,821,000 | 14,607,000 | 12,522,000 | 13,822,000 | 8,399,000 | 8,989,000 | 3,180,000 | 15,173,000 | 11,272,000 | 10,905,000 | 14,647,000 | 14,668,000 | 14,855,000 | 14,210,586 |
| Operating Profit | 16,803,000 | 31,970,000 | 32,075,000 | 37,953,000 | 46,419,000 | 35,262,000 | 35,546,000 | 21,059,000 | 20,378,000 | 20,435,000 | 8,322,000 | 4,133,000 | 2,132,000 | 2,499,531 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39,000 | 20,000 | 10,000 | 35,000 | 18,000 | 18,783 |
| Interest Receivable | 122,000 | 15,000 | 9,000 | 76,000 | 75,000 | 12,000 | 12,000 | 6,000 | 78,000 | 58,000 | 49,000 | 73,000 | 64,000 | 66,807 |
| Pre-Tax Profit | 14,283,000 | 38,619,000 | 36,862,000 | 34,065,000 | 51,930,000 | 35,274,000 | 38,057,000 | 21,065,000 | 20,417,000 | 20,473,000 | 8,361,000 | 4,171,000 | 2,178,000 | 2,547,555 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 14,283,000 | 38,619,000 | 36,862,000 | 34,065,000 | 51,930,000 | 35,274,000 | 38,057,000 | 21,065,000 | 20,417,000 | 20,473,000 | 8,361,000 | 4,171,000 | 2,178,000 | 2,547,555 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -7,892,000 | 870,000 | 3,588,000 | -4,288,000 | 5,277,000 | 56,000 | 7,880,000 | -3,499,000 | -199,000 | -2,068,000 | 976,000 | 1,997,000 | 1,040,000 | 984,950 |
| Employee Costs | 15,320,000 | 10,655,000 | 9,266,000 | 10,347,000 | 8,414,000 | 7,812,000 | 7,483,000 | 7,390,000 | 7,551,000 | 8,287,000 | 7,532,000 | 7,425,000 | 7,356,000 | 6,999,812 |
| Number Of Employees | 248 | 180 | 166 | 170 | 143 | 130 | 124 | 123 | 124 | 138 | 137 | 131 | 136 | 139 |
| EBITDA* | 17,849,000 | 32,817,000 | 32,846,000 | 38,780,000 | 47,114,000 | 35,826,000 | 36,013,000 | 21,456,000 | 20,745,000 | 20,890,000 | 8,769,000 | 4,757,000 | 2,792,000 | 3,102,376 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,972,000 | 1,881,000 | 2,179,000 | 2,079,000 | 1,714,000 | 1,539,000 | 1,040,000 | 1,003,000 | 1,185,000 | 896,000 | 919,000 | 885,000 | 1,037,000 | 1,273,502 |
| Intangible Assets | 34,000 | 94,000 | 154,000 | 182,000 | 314,000 | 127,000 | 156,000 | 195,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 376,000 | 7,717,000 | 5,766,000 | 1,186,000 | 5,544,000 | 428,000 | 428,000 | 1,417,000 | 5,435,000 | 5,442,000 | 4,829,000 | 4,910,000 | 4,818,000 | 4,879,531 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,382,000 | 9,692,000 | 8,099,000 | 3,447,000 | 7,572,000 | 2,094,000 | 1,624,000 | 2,615,000 | 6,620,000 | 6,338,000 | 5,748,000 | 5,795,000 | 5,855,000 | 6,153,033 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,276,000 | 10,213,000 | 2,717,000 | 4,428,000 | 3,453,000 | 9,723,000 | 3,088,000 | 657,000 | 1,835,000 | 5,570,000 | 2,808,000 | 1,202,000 | 294,000 | 954,574 |
| Group Debtors | 38,753,000 | 50,766,000 | 56,171,000 | 63,095,000 | 80,595,000 | 58,782,000 | 33,411,000 | 28,221,000 | 27,631,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 23,833,000 | 33,499,000 | 38,982,000 | 43,335,000 | 44,651,000 | 44,826,000 | 32,478,000 | 31,095,000 | 30,134,000 | 35,900,000 | 39,950,000 | 10,995,000 | 5,608,000 | 6,038,483 |
| Cash | 1,153,000 | 2,593,000 | 2,527,000 | 923,000 | 1,811,000 | 1,639,000 | 1,468,000 | 10,665,000 | 302,000 | 101,000 | 658,000 | 15,500,000 | 15,397,000 | 15,741,304 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 68,015,000 | 97,071,000 | 100,397,000 | 111,781,000 | 130,510,000 | 114,970,000 | 70,445,000 | 70,638,000 | 59,902,000 | 41,571,000 | 43,416,000 | 27,697,000 | 21,299,000 | 22,734,361 |
| total assets | 71,397,000 | 106,763,000 | 108,496,000 | 115,228,000 | 138,082,000 | 117,064,000 | 72,069,000 | 73,253,000 | 66,522,000 | 47,909,000 | 49,164,000 | 33,492,000 | 27,154,000 | 28,887,394 |
| 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 | 1,819,000 | 3,379,000 | 1,892,000 | 658,000 | 894,000 | 1,324,000 | 14,000 | 904,000 | 719,000 | 555,000 | 795,000 | 1,353,000 | 313,000 | 1,956,190 |
| Group/Directors Accounts | 21,698,000 | 37,583,000 | 32,848,000 | 37,930,000 | 46,090,000 | 34,336,000 | 19,093,000 | 23,464,000 | 20,876,000 | 5,258,000 | 10,374,000 | 2,720,000 | 2,771,000 | 3,685,052 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 35,371,000 | 45,400,000 | 53,280,000 | 51,593,000 | 56,242,000 | 48,110,000 | 38,064,000 | 41,867,000 | 29,888,000 | 26,309,000 | 19,384,000 | 11,647,000 | 8,189,000 | 8,354,796 |
| total current liabilities | 58,888,000 | 86,362,000 | 88,020,000 | 90,181,000 | 103,226,000 | 83,770,000 | 57,171,000 | 66,235,000 | 51,483,000 | 32,122,000 | 30,553,000 | 15,720,000 | 11,273,000 | 13,996,038 |
| loans | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 4,438,000 | 4,438,000 | 5,439,000 | 5,439,000 | 5,439,000 | 5,439,183 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 945,000 | 9,104,000 | 14,625,000 | 18,340,000 | 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 | 0 | 0 | 0 | 0 | 86,000 | 255,000 | 10,000 | 147,000 | 253,000 | 303,472 |
| total long term liabilities | 2,000 | 2,000 | 947,000 | 9,106,000 | 14,627,000 | 18,342,000 | 2,000 | 2,000 | 4,524,000 | 4,693,000 | 5,449,000 | 5,586,000 | 5,692,000 | 5,742,655 |
| total liabilities | 58,890,000 | 86,364,000 | 88,967,000 | 99,287,000 | 117,853,000 | 102,112,000 | 57,173,000 | 66,237,000 | 56,007,000 | 36,815,000 | 36,002,000 | 21,306,000 | 16,965,000 | 19,738,693 |
| net assets | 12,507,000 | 20,399,000 | 19,529,000 | 15,941,000 | 20,229,000 | 14,952,000 | 14,896,000 | 7,016,000 | 10,515,000 | 11,094,000 | 13,162,000 | 12,186,000 | 10,189,000 | 9,148,701 |
| total shareholders funds | 12,507,000 | 20,399,000 | 19,529,000 | 15,941,000 | 20,229,000 | 14,952,000 | 14,896,000 | 7,016,000 | 10,515,000 | 11,094,000 | 13,162,000 | 12,186,000 | 10,189,000 | 9,148,701 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 16,803,000 | 31,970,000 | 32,075,000 | 37,953,000 | 46,419,000 | 35,262,000 | 35,546,000 | 21,059,000 | 20,378,000 | 20,435,000 | 8,322,000 | 4,133,000 | 2,132,000 | 2,499,531 |
| Depreciation | 986,000 | 787,000 | 713,000 | 677,000 | 568,000 | 494,000 | 410,000 | 397,000 | 367,000 | 455,000 | 447,000 | 624,000 | 660,000 | 602,845 |
| Amortisation | 60,000 | 60,000 | 58,000 | 150,000 | 127,000 | 70,000 | 57,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -27,616,000 | -3,392,000 | -12,988,000 | -17,841,000 | 15,368,000 | 44,354,000 | 9,004,000 | 373,000 | 18,130,000 | -1,288,000 | 30,561,000 | 6,295,000 | -1,091,057 | 6,993,057 |
| Creditors | -1,560,000 | 1,487,000 | 1,234,000 | -236,000 | -430,000 | 1,310,000 | -890,000 | 185,000 | 164,000 | -240,000 | -558,000 | 1,040,000 | -1,643,190 | 1,956,190 |
| Accruals and Deferred Income | -10,029,000 | -8,825,000 | -6,472,000 | -10,170,000 | 4,417,000 | 28,386,000 | -3,803,000 | 11,979,000 | 3,579,000 | 6,925,000 | 7,737,000 | 3,458,000 | -165,796 | 8,354,796 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -86,000 | -169,000 | 245,000 | -137,000 | -106,000 | -50,472 | 303,472 |
| Cash flow from operations | 33,876,000 | 28,871,000 | 40,596,000 | 46,215,000 | 35,733,000 | 21,168,000 | 22,316,000 | 33,161,000 | 6,189,000 | 29,108,000 | -14,750,000 | 2,854,000 | 2,023,599 | 6,723,777 |
| Investing Activities | ||||||||||||||
| capital expenditure | -537,000 | -339,000 | -548,246 | |||||||||||
| Change in Investments | -7,341,000 | 1,951,000 | 4,580,000 | -4,358,000 | 5,116,000 | 0 | -989,000 | -4,018,000 | -7,000 | 613,000 | -81,000 | 92,000 | -61,531 | 4,879,531 |
| cash flow from investments | -629,000 | -277,469 | -5,427,777 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -15,885,000 | 4,735,000 | -5,082,000 | -8,160,000 | 11,754,000 | 15,243,000 | -4,371,000 | 2,588,000 | 15,618,000 | -5,116,000 | 7,654,000 | -51,000 | -914,052 | 3,685,052 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,436,000 | 0 | -1,001,000 | 0 | 0 | -183 | 5,439,183 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 | 122,000 | 15,000 | 9,000 | 76,000 | 75,000 | 12,000 | 12,000 | 6,000 | 39,000 | 38,000 | 39,000 | 38,000 | 46,000 | 48,024 |
| cash flow from financing | -15,763,000 | 4,750,000 | -5,073,000 | -8,084,000 | 11,829,000 | 15,255,000 | -4,359,000 | -1,842,000 | 15,277,000 | -6,079,000 | 7,693,000 | -13,000 | -867,936 | 17,336,010 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,440,000 | 66,000 | 1,604,000 | -888,000 | 172,000 | 171,000 | -9,197,000 | 10,363,000 | 201,000 | -557,000 | -14,842,000 | 103,000 | -344,304 | 15,741,304 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,440,000 | 66,000 | 1,604,000 | -888,000 | 172,000 | 171,000 | -9,197,000 | 10,363,000 | 201,000 | -557,000 | -14,842,000 | 103,000 | -344,304 | 15,741,304 |
cancer research technology limited Credit Report and Business Information
Cancer Research Technology Limited Competitor Analysis
Perform a competitor analysis for cancer research technology limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cancer research technology limited Ownership
CANCER RESEARCH TECHNOLOGY LIMITED group structure
Cancer Research Technology Limited has 4 subsidiary companies.
Ultimate parent company
1 parent
CANCER RESEARCH TECHNOLOGY LIMITED
01626049
4 subsidiaries
cancer research technology limited directors
Cancer Research Technology Limited currently has 8 directors. The longest serving directors include Mr Peter Chambre (Oct 2011) and Dr Iain Foulkes (Jan 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Chambre | 68 years | Oct 2011 | - | Director | |
| Dr Iain Foulkes | 53 years | Jan 2013 | - | Director | |
| Dr Deborah Harland | United States | 63 years | Sep 2015 | - | Director |
| Dr Anthony Hickson | 55 years | Aug 2018 | - | Director | |
| Mr Parker Moss | England | 48 years | Nov 2019 | - | Director |
| Mr Parker Moss | England | 48 years | Nov 2019 | - | Director |
| Ms Anna Jenkins | England | 59 years | Apr 2023 | - | Director |
| Mr Christoph Lengauer | England | 59 years | Apr 2023 | - | Director |
P&L
March 2023turnover
76.4m
-17%
operating profit
16.8m
-47%
gross margin
54.6%
+7.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
12.5m
-0.39%
total assets
71.4m
-0.33%
cash
1.2m
-0.56%
net assets
Total assets minus all liabilities
Similar Companies
cancer research technology limited company details
company number
01626049
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
March 1982
age
42
accounts
Full Accounts
ultimate parent company
previous names
cancer research campaign technology limited (October 2002)
carlton medical products limited (April 1988)
incorporated
UK
address
2 redman place, london, E20 1JQ
last accounts submitted
March 2023
cancer research technology 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 1 charges/mortgages relating to cancer research technology limited. Currently there are 1 open charges and 0 have been satisfied in the past.
cancer research technology limited Companies House Filings - See Documents
| date | description | view/download |
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