Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
+1
Registered Address
uk terminal, ashford road, folkestone, kent, CT18 8XX
channel tunnel group limited(the)Estimated Valuation
£600.5m
Pomanda estimates the enterprise value of CHANNEL TUNNEL GROUP LIMITED(THE) at £600.5m based on a Turnover of £492.7m and 1.22x industry multiple (adjusted for size and gross margin).
channel tunnel group limited(the)Estimated Valuation
£2.2b
Pomanda estimates the enterprise value of CHANNEL TUNNEL GROUP LIMITED(THE) at £2.2b based on an EBITDA of £257.6m and a 8.4x industry multiple (adjusted for size and gross margin).
channel tunnel group limited(the)Estimated Valuation
£679.5m
Pomanda estimates the enterprise value of CHANNEL TUNNEL GROUP LIMITED(THE) at £679.5m based on Net Assets of £352.8m and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Channel Tunnel Group Limited(the)Overview
Channel Tunnel Group Limited(the) is a live company located in kent, CT18 8XX with a Companies House number of 01811435. It operates in the other passenger land transport sector, SIC Code 49390. Founded in April 1984, it's largest shareholder is
eurotunnel holding sas
with a 100% stake. Channel Tunnel Group Limited(the) is a mature,
mega sized company, Pomanda has estimated its turnover at
£492.7m with
high
growth in recent years.
Pomanda's financial health check has awarded Channel Tunnel Group Limited(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
2 Weak
Size
annual sales of £492.7m, make it larger than the average company (£7m)
£492.7m - Channel Tunnel Group Limited(the)
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (7.3%)
17% - Channel Tunnel Group Limited(the)
7.3% - Industry AVG
Production
with a gross margin of 52.9%, this company has a lower cost of product (26.1%)
52.9% - Channel Tunnel Group Limited(the)
26.1% - Industry AVG
Profitability
an operating margin of 39.2% make it more profitable than the average company (6.5%)
39.2% - Channel Tunnel Group Limited(the)
6.5% - Industry AVG
Employees
with 4769 employees, this is above the industry average (39)
4769 - Channel Tunnel Group Limited(the)
39 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Channel Tunnel Group Limited(the)
- - Industry AVG
Efficiency
resulting in sales per employee of £103.3k, this is less efficient (£130.8k)
£103.3k - Channel Tunnel Group Limited(the)
£130.8k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (31 days)
19 days - Channel Tunnel Group Limited(the)
31 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (26 days)
97 days - Channel Tunnel Group Limited(the)
26 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (6 days)
0 days - Channel Tunnel Group Limited(the)
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 37 weeks, this is average cash available to meet short term requirements (35 weeks)
37 weeks - Channel Tunnel Group Limited(the)
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.2%, this is a higher level of debt than the average (47%)
88.2% - Channel Tunnel Group Limited(the)
47% - Industry AVG
CHANNEL TUNNEL GROUP LIMITED(THE) financials
EXPORT
Channel Tunnel Group Limited(The)'s latest turnover from December 2023 is £492.7 million and the company has net assets of £352.8 million. According to their latest financial statements, we estimate that Channel Tunnel Group Limited(The) has 4,769 employees and maintains cash reserves of £146.4 million 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
492,747,000
455,335,000
272,018,000
308,758,000
412,291,000
424,278,000
399,820,000
378,750,000
331,968,000
331,188,000
324,495,000
313,868,000
291,722,000
271,848,000
253,653,000
Other Income Or Grants
Cost Of Sales
232,287,000
339,510,122
219,506,284
248,735,929
317,790,107
328,775,226
312,752,726
289,622,063
257,086,016
252,683,973
246,536,205
242,428,087
223,210,094
201,998,706
202,922,400
Gross Profit
260,460,000
115,824,878
52,511,716
60,022,071
94,500,893
95,502,774
87,067,274
89,127,937
74,881,985
78,504,027
77,958,795
71,439,913
68,511,906
69,849,294
50,730,600
Admin Expenses
67,245,000
-90,284,122
2,723,716
-17,793,929
-98,368,107
-96,385,226
-84,183,726
-72,839,063
-67,792,015
-59,712,973
-59,045,205
-65,964,087
-62,278,094
-23,315,706
-41,513,400
Operating Profit
193,215,000
206,109,000
49,788,000
77,816,000
192,869,000
191,888,000
171,251,000
161,967,000
142,674,000
138,217,000
137,004,000
137,404,000
130,790,000
93,165,000
92,244,000
Interest Payable
5,676,000
2,395,000
11,562,000
3,545,000
10,734,000
104,182,000
102,613,000
89,221,000
79,514,000
112,037,000
93,870,000
96,997,000
Interest Receivable
1,707,000
17,413,000
2,058,000
12,248,000
1,817,000
5,360,000
4,405,000
3,521,000
3,658,000
5,076,000
4,480,000
4,281,000
5,174,000
5,841,000
8,266,000
Pre-Tax Profit
41,129,000
32,510,000
-93,005,000
-22,928,000
71,577,000
73,050,000
43,990,000
55,140,000
34,764,000
21,574,000
17,314,000
20,916,000
5,180,000
-16,366,000
4,376,000
Tax
-8,517,000
22,537,000
14,870,000
14,522,000
2,782,000
8,031,000
13,385,000
-3,966,000
2,253,000
4,138,000
1,381,000
532,000
643,000
254,000
424,000
Profit After Tax
32,612,000
55,047,000
-78,135,000
-8,406,000
74,359,000
81,081,000
57,375,000
51,174,000
37,017,000
25,712,000
18,695,000
21,448,000
5,823,000
-16,112,000
4,800,000
Dividends Paid
80,040,000
Retained Profit
32,612,000
55,047,000
-78,135,000
-8,406,000
74,359,000
81,081,000
57,375,000
51,174,000
37,017,000
-54,328,000
18,695,000
21,448,000
5,823,000
-16,112,000
4,800,000
Employee Costs
Number Of Employees
4,769
5,439
3,987
4,141
5,020
5,348
5,206
5,006
4,352
4,426
4,332
4,512
4,357
4,088
EBITDA*
257,583,000
270,467,000
109,119,000
77,874,000
249,232,000
245,963,000
223,521,000
214,579,000
192,139,000
191,281,000
189,243,000
189,778,000
182,492,000
145,739,000
148,859,000
* 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
1,936,067,000
2,209,556,000
2,163,516,000
2,070,478,000
2,028,703,000
2,057,561,000
2,084,913,000
3,088,013,000
3,114,334,000
3,140,392,000
3,159,667,000
3,196,338,000
3,222,255,000
3,252,372,000
3,289,426,000
Intangible Assets
928,000
849,000
Investments & Other
4,361,000
112,419,000
107,013,000
152,000
152,000
152,000
152,000
1,027,317,000
1,027,305,000
1,027,309,000
1,027,316,000
1,027,325,000
1,027,327,000
1,027,357,000
1,027,362,000
Debtors (Due After 1 year)
201,337,000
108,234,000
78,889,000
64,598,000
53,515,000
Total Fixed Assets
2,142,693,000
2,101,322,000
2,084,627,000
2,005,880,000
2,028,703,000
2,058,410,000
2,084,913,000
3,088,013,000
3,114,334,000
3,140,392,000
3,159,667,000
3,196,338,000
3,222,255,000
3,252,372,000
3,289,426,000
Stock & work in progress
2,000
2,000
Trade Debtors
26,968,000
28,083,000
16,018,000
18,627,000
18,979,000
27,816,000
24,510,000
21,852,000
19,441,000
20,952,000
20,640,000
21,495,000
1,449,000
19,673,000
17,570,000
Group Debtors
649,976,000
710,683,000
427,483,000
411,391,000
408,679,000
244,134,000
166,991,000
108,437,000
108,419,000
108,438,000
116,135,000
130,480,000
107,890,000
109,168,000
Misc Debtors
27,839,000
15,140,000
10,160,000
24,301,000
10,029,000
10,834,000
13,257,000
68,280,000
29,073,000
94,091,000
4,934,000
7,380,000
20,550,000
38,536,000
Cash
146,433,000
109,869,000
222,569,000
222,150,000
168,536,000
130,162,000
309,943,000
128,493,000
192,811,000
172,207,000
126,501,000
139,273,000
148,986,000
188,178,000
124,151,000
misc current assets
518,459,000
106,861,000
106,861,000
108,189,000
108,351,000
total current assets
851,218,000
863,777,000
676,230,000
759,236,000
730,068,000
683,547,000
697,610,000
438,944,000
388,969,000
330,651,000
349,670,000
281,837,000
288,295,000
336,291,000
289,425,000
total assets
2,993,911,000
2,965,099,000
2,760,857,000
2,765,116,000
2,758,771,000
2,741,957,000
2,782,523,000
3,526,957,000
3,503,303,000
3,471,043,000
3,509,337,000
3,478,175,000
3,510,550,000
3,588,663,000
3,578,851,000
Bank overdraft
Bank loan
Trade Creditors
61,928,000
40,455,000
27,170,000
35,781,000
37,075,000
40,158,000
36,170,000
35,414,000
20,407,000
18,490,000
25,405,000
19,496,000
18,359,000
30,756,000
28,085,000
Group/Directors Accounts
5,017,000
4,800,000
4,659,000
other short term finances
43,413,000
39,189,000
33,084,000
29,982,000
28,264,000
26,461,000
38,347,000
15,162,000
6,927,000
hp & lease commitments
other current liabilities
99,354,000
92,607,000
95,717,000
60,072,000
44,630,000
41,452,000
37,118,000
1,058,211,000
1,102,880,000
1,089,598,000
1,076,232,000
1,079,385,000
1,144,523,000
1,236,192,000
1,250,376,000
total current liabilities
204,695,000
172,251,000
155,971,000
125,835,000
109,969,000
113,088,000
116,435,000
1,113,446,000
1,130,214,000
1,108,088,000
1,101,637,000
1,098,881,000
1,162,882,000
1,266,948,000
1,278,461,000
loans
2,411,892,000
4,789,781,000
4,911,851,000
4,950,550,000
4,638,561,000
4,629,405,000
4,687,549,000
4,177,938,000
4,173,171,000
4,216,784,000
4,079,862,000
4,140,719,000
2,322,743,000
2,133,221,000
2,054,719,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
23,424,000
provisions
2,372,000
87,976,000
135,066,000
81,108,000
75,866,000
63,750,000
83,806,000
61,248,000
53,688,000
30,928,000
38,322,000
14,886,000
18,454,000
15,728,000
total long term liabilities
2,436,401,000
2,408,724,000
2,511,667,000
2,555,506,000
2,487,239,000
2,458,487,000
2,491,191,000
2,328,039,000
2,248,749,000
2,263,725,000
2,122,451,000
2,181,583,000
2,153,648,000
2,049,997,000
1,991,369,000
total liabilities
2,641,096,000
2,580,975,000
2,667,638,000
2,681,341,000
2,597,208,000
2,571,575,000
2,607,626,000
3,441,485,000
3,378,963,000
3,371,813,000
3,224,088,000
3,280,464,000
3,316,530,000
3,316,945,000
3,269,830,000
net assets
352,815,000
384,124,000
93,219,000
83,775,000
161,563,000
170,382,000
174,897,000
85,472,000
124,340,000
99,230,000
285,249,000
197,711,000
194,020,000
271,718,000
309,021,000
total shareholders funds
352,815,000
384,124,000
93,219,000
83,775,000
161,563,000
170,382,000
174,897,000
85,472,000
124,340,000
99,230,000
285,249,000
197,711,000
194,020,000
271,718,000
309,021,000
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
193,215,000
206,109,000
49,788,000
77,816,000
192,869,000
191,888,000
171,251,000
161,967,000
142,674,000
138,217,000
137,004,000
137,404,000
130,790,000
93,165,000
92,244,000
Depreciation
64,368,000
64,358,000
59,331,000
58,000
56,363,000
54,075,000
52,270,000
52,612,000
49,465,000
53,064,000
52,239,000
52,374,000
51,702,000
52,574,000
56,615,000
Amortisation
Tax
-8,517,000
22,537,000
14,870,000
14,522,000
2,782,000
8,031,000
13,385,000
-3,966,000
2,253,000
4,138,000
1,381,000
532,000
643,000
254,000
424,000
Stock
2,000
Debtors
43,980,000
329,590,000
449,325,000
-424,961,000
61,662,000
167,046,000
77,378,000
5,942,000
37,714,000
-64,725,000
80,605,000
3,255,000
-8,804,000
-17,161,000
165,274,000
Creditors
21,473,000
13,285,000
-8,611,000
-1,294,000
-3,083,000
3,988,000
756,000
15,007,000
1,917,000
-6,915,000
5,909,000
1,137,000
-12,397,000
2,671,000
28,085,000
Accruals and Deferred Income
6,747,000
-3,110,000
35,645,000
15,442,000
3,178,000
4,334,000
-1,021,093,000
-44,669,000
13,282,000
13,366,000
-3,153,000
-65,138,000
-91,669,000
-14,184,000
1,250,376,000
Deferred Taxes & Provisions
-2,372,000
-85,604,000
-47,090,000
53,958,000
5,242,000
12,116,000
-20,056,000
22,558,000
7,560,000
22,760,000
-7,394,000
23,436,000
-3,568,000
2,726,000
15,728,000
Cash flow from operations
230,934,000
-112,017,000
-345,392,000
585,463,000
195,689,000
107,386,000
-880,865,000
197,567,000
179,437,000
289,355,000
105,381,000
146,490,000
84,305,000
154,367,000
1,278,198,000
Investing Activities
capital expenditure
208,193,000
-110,398,000
-152,369,000
-41,833,000
-26,656,000
-27,572,000
950,830,000
-26,291,000
-23,407,000
-33,789,000
-15,568,000
-26,457,000
-21,585,000
-15,520,000
-3,346,041,000
Change in Investments
-108,058,000
5,406,000
106,861,000
-1,027,165,000
12,000
-4,000
-7,000
-9,000
-2,000
-30,000
-5,000
1,027,362,000
cash flow from investments
316,251,000
-115,804,000
-259,230,000
-41,833,000
-26,656,000
-27,572,000
1,977,995,000
-26,303,000
-23,403,000
-33,782,000
-15,559,000
-26,455,000
-21,555,000
-15,515,000
-4,373,403,000
Financing Activities
Bank loans
Group/Directors Accounts
-5,017,000
217,000
141,000
4,659,000
Other Short Term Loans
4,224,000
6,105,000
3,102,000
1,718,000
1,803,000
-11,886,000
23,185,000
8,235,000
6,927,000
Long term loans
-2,377,889,000
-122,070,000
-38,699,000
311,989,000
9,156,000
-58,144,000
509,611,000
4,767,000
-43,613,000
136,922,000
-60,857,000
1,817,976,000
189,522,000
78,502,000
2,054,719,000
Hire Purchase and Lease Commitments
other long term liabilities
23,424,000
share issue
-63,921,000
235,858,000
87,579,000
-69,382,000
-83,178,000
-85,596,000
32,050,000
-90,042,000
-11,907,000
-131,691,000
68,843,000
-17,757,000
-83,521,000
-21,191,000
304,221,000
interest
-3,969,000
15,018,000
-9,504,000
8,703,000
-8,917,000
-98,822,000
-98,208,000
-85,700,000
-75,856,000
5,076,000
4,480,000
4,281,000
-106,863,000
-88,029,000
-88,731,000
cash flow from financing
-2,418,131,000
134,911,000
42,478,000
253,028,000
-86,153,000
-254,231,000
466,779,000
-158,081,000
-124,449,000
10,307,000
12,466,000
1,804,500,000
-862,000
-30,718,000
2,270,209,000
cash and cash equivalents
cash
36,564,000
-112,700,000
419,000
53,614,000
38,374,000
-179,781,000
181,450,000
-64,318,000
20,604,000
45,706,000
-12,772,000
-9,713,000
-39,192,000
64,027,000
124,151,000
overdraft
change in cash
36,564,000
-112,700,000
419,000
53,614,000
38,374,000
-179,781,000
181,450,000
-64,318,000
20,604,000
45,706,000
-12,772,000
-9,713,000
-39,192,000
64,027,000
124,151,000
channel tunnel group limited(the) 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 channel tunnel group limited(the). Get real-time insights into channel tunnel group limited(the)'s credit score, group structure and payment trends.
Channel Tunnel Group Limited(the) Competitor Analysis
Perform a competitor analysis for channel tunnel group limited(the) by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in CT18 area or any other competitors across 12 key performance metrics.
channel tunnel group limited(the) Ownership
CHANNEL TUNNEL GROUP LIMITED(THE) group structure
Channel Tunnel Group Limited(The) has 3 subsidiary companies.
The largest shareholders in Channel Tunnel Group Limited(The) include Eurotunnel Holding Sas and Claire Piccolin.
eurotunnel holding sas
100%
claire piccolin
0%
channel tunnel group limited(the) directors
Channel Tunnel Group Limited(The) currently has 2 directors.
The longest serving directors include
Mr Jacques Gounon (Dec 2004) and
Mr Yann Leriche (Jul 2020).
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
49390 - Other passenger land transport n.e.c.
incorporation date
April 1984
age
41
incorporated
UK
ultimate parent company
GETLINK SE
accounts
Full Accounts
last accounts submitted
December 2023
previous names
fossnorth limited (March 1985)
accountant
-
auditor
FORVIS MAZARS LLP
address
uk terminal, ashford road, folkestone, kent, CT18 8XX
Bank
BARCLAYS BANK PLC
Legal Advisor
-
channel tunnel group limited(the) 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 54 charges/mortgages relating to channel tunnel group limited(the). Currently there are 30 open charges and 24 have been satisfied in the past.
channel tunnel group limited(the) 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 CHANNEL TUNNEL GROUP LIMITED(THE). This can take several minutes, an email will notify you when this has completed.
channel tunnel group limited(the)Companies House Filings - See Documents
