discoverie group plc

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discoverie group plc Company Information

Share DISCOVERIE GROUP PLC

Company Number

02008246

Shareholders

undisclosed

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

2 chancellor court, occam road surrey research park, guildford, surrey, GU2 7AH

discoverie group plc Estimated Valuation

£487.5m

Pomanda estimates the enterprise value of DISCOVERIE GROUP PLC at £487.5m based on a Turnover of £437m and 1.12x industry multiple (adjusted for size and gross margin).

discoverie group plc Estimated Valuation

£520.7m

Pomanda estimates the enterprise value of DISCOVERIE GROUP PLC at £520.7m based on an EBITDA of £59m and a 8.82x industry multiple (adjusted for size and gross margin).

discoverie group plc Estimated Valuation

£635.2m

Pomanda estimates the enterprise value of DISCOVERIE GROUP PLC at £635.2m based on Net Assets of £301.6m and 2.11x industry multiple (adjusted for liquidity).

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Discoverie Group Plc Overview

Discoverie Group Plc is a live company located in guildford, GU2 7AH with a Companies House number of 02008246. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1986, it's largest shareholder is undisclosed with a 100% stake. Discoverie Group Plc is a mature, mega sized company, Pomanda has estimated its turnover at £437m with healthy growth in recent years.

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Discoverie Group Plc Health Check

Pomanda's financial health check has awarded Discoverie Group Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £437m, make it larger than the average company (£20.3m)

£437m - Discoverie Group Plc

£20.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.9%)

13% - Discoverie Group Plc

8.9% - Industry AVG

production

Production

with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)

33.2% - Discoverie Group Plc

33.2% - Industry AVG

profitability

Profitability

an operating margin of 7.1% make it more profitable than the average company (5.8%)

7.1% - Discoverie Group Plc

5.8% - Industry AVG

employees

Employees

with 4441 employees, this is above the industry average (114)

4441 - Discoverie Group Plc

114 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.8k, the company has a lower pay structure (£48.8k)

£25.8k - Discoverie Group Plc

£48.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.4k, this is less efficient (£196.5k)

£98.4k - Discoverie Group Plc

£196.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (44 days)

57 days - Discoverie Group Plc

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (42 days)

55 days - Discoverie Group Plc

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 100 days, this is more than average (46 days)

100 days - Discoverie Group Plc

46 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (16 weeks)

31 weeks - Discoverie Group Plc

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.9%, this is a similar level of debt than the average (54.7%)

54.9% - Discoverie Group Plc

54.7% - Industry AVG

DISCOVERIE GROUP PLC financials

EXPORTms excel logo

Discoverie Group Plc's latest turnover from March 2024 is £437 million and the company has net assets of £301.6 million. According to their latest financial statements, Discoverie Group Plc has 4,441 employees and maintains cash reserves of £110.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover437,000,000448,900,000379,200,000302,800,000466,400,000438,900,000387,900,000338,200,000287,700,000271,100,000211,600,000177,400,000257,800,000264,800,000181,600,000
Other Income Or Grants
Cost Of Sales291,752,860300,303,955256,013,730207,166,479309,700,000293,900,000261,200,000227,200,000195,100,000186,700,000148,600,000123,000,000179,900,000189,600,000131,500,000
Gross Profit145,247,140148,596,045123,186,27095,633,521156,700,000145,000,000126,700,000111,000,00092,600,00084,400,00063,000,00054,400,00077,900,00075,200,00050,100,000
Admin Expenses114,047,140113,996,045102,286,27078,533,521132,900,000123,000,000109,400,000103,300,00081,200,00078,300,00057,800,00053,000,00074,000,00072,700,00055,600,000
Operating Profit31,200,00034,600,00020,900,00017,100,00023,800,00022,000,00017,300,0007,700,00011,400,0006,100,0005,200,0001,400,0003,900,0002,500,000-5,500,000
Interest Payable12,900,0007,100,0004,200,0003,900,0004,900,0003,900,0003,100,0003,100,0003,400,0001,900,0001,200,000900,0001,400,000900,0001,200,000
Interest Receivable3,900,0001,600,000400,000300,000600,000500,000400,000200,0001,400,000100,000200,000200,000200,000300,000400,000
Pre-Tax Profit22,200,00029,100,00017,100,00013,500,00019,500,00019,300,00014,600,0004,800,0009,400,0004,300,0004,200,000700,0002,700,0001,900,000-6,300,000
Tax-6,700,000-7,800,000-7,400,000-4,000,000-5,200,000-4,700,000-4,000,000-1,300,000-2,200,000-1,400,000-500,0001,400,000-600,000-200,000-300,000
Profit After Tax15,500,00021,300,0009,700,0009,500,00014,300,00014,600,00010,600,0003,500,0007,200,0002,900,0003,700,0002,100,0002,100,0001,700,000-6,600,000
Dividends Paid10,500,00011,200,0009,400,0002,800,0001,800,0006,700,0006,200,0005,200,0004,900,0003,600,0002,700,0002,300,0002,000,0001,600,000
Retained Profit5,000,00010,100,000300,0009,200,00012,500,0007,900,0004,400,000-1,700,0002,300,000-700,000-1,400,000-4,200,000-100,000-300,000-8,200,000
Employee Costs114,700,000107,900,00086,000,00071,100,00094,000,00088,400,00078,900,00073,500,00062,100,00056,200,00044,100,00041,300,00047,700,00044,900,00034,200,000
Number Of Employees4,4414,8634,5223,8864,3944,2813,9863,7193,6612,5511,169848942920795
EBITDA*59,000,00061,500,00045,600,00037,300,00044,800,00033,100,00026,300,00015,300,00017,000,00010,800,0007,600,0003,400,0006,200,0004,200,000-4,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets30,900,00044,700,00075,100,00061,700,00061,500,00029,500,00029,200,00021,500,00020,200,00018,700,0007,600,0006,700,0006,800,0006,600,0006,600,000
Intangible Assets350,100,000291,200,000263,300,000190,800,000182,200,000119,700,000107,200,000100,700,00088,200,00069,900,00025,500,00024,200,00025,700,00021,100,00016,500,000
Investments & Other3,000,000
Debtors (Due After 1 year)10,400,00019,500,00017,800,0007,900,0006,100,000
Total Fixed Assets381,000,000335,900,000326,500,000244,600,000237,600,000149,200,000136,400,000122,200,000108,400,00088,600,00033,100,00030,900,00032,500,00027,700,00023,100,000
Stock & work in progress80,100,00090,000,00077,800,00067,700,00068,400,00066,200,00058,100,00050,100,00042,900,00039,800,00019,400,00019,300,00025,700,00025,300,00023,300,000
Trade Debtors69,300,00062,400,00063,800,00075,500,00080,300,00078,500,00074,400,00069,100,00058,900,00053,200,00043,400,00040,200,00043,900,00056,000,00047,200,000
Group Debtors
Misc Debtors19,500,00012,200,00014,200,0009,400,0009,800,00010,200,00010,200,0008,200,0006,600,0007,000,0004,900,0004,500,0005,500,0003,300,0006,400,000
Cash110,800,00083,900,000108,800,00029,200,00036,800,00022,900,00021,900,00021,000,00019,900,00026,700,00018,100,00017,800,00012,300,00013,600,00017,300,000
misc current assets500,0001,300,0001,300,000600,0006,900,000100,000200,000
total current assets287,700,000249,800,000266,200,000183,600,000197,900,000179,100,000165,900,000148,400,000128,300,000127,300,00092,700,00081,800,00087,400,00098,300,00094,400,000
total assets668,700,000585,700,000592,700,000428,200,000435,500,000328,300,000302,300,000270,600,000236,700,000215,900,000125,800,000112,700,000119,900,000126,000,000117,500,000
Bank overdraft2,000,000700,0006,700,0003,400,0004,200,000
Bank loan2,800,000100,000100,000900,000900,000
Trade Creditors 44,700,00051,600,00056,000,00056,800,00057,100,00058,900,00051,800,00045,800,00034,400,00035,800,00027,000,00024,300,00045,400,00033,100,00027,900,000
Group/Directors Accounts
other short term finances3,400,000
hp & lease commitments5,700,0004,000,0004,700,0004,800,0005,300,000
other current liabilities135,000,00095,600,000129,600,00046,200,00036,900,00037,100,00042,200,00032,300,00026,500,00026,300,00023,100,00022,300,00014,000,00025,700,00025,300,000
total current liabilities185,400,000151,200,000190,300,000107,800,000104,100,00096,000,00094,000,00078,100,00061,700,00062,100,00056,900,00050,900,00059,400,00063,900,00056,600,000
loans164,900,000116,300,000100,400,000109,000,000222,500,00084,700,00067,900,00050,000,000114,400,00045,500,00019,000,0003,400,000800,0003,600,000
hp & lease commitments14,400,00014,800,00016,400,00016,700,00014,700,000
Accruals and Deferred Income
other liabilities4,600,0004,100,0002,700,000800,000700,0003,300,0007,400,0001,400,000
provisions53,200,00050,600,00050,600,00037,800,00036,200,00025,800,00025,800,00030,800,00031,800,00016,400,00019,000,00017,200,00021,200,00018,000,00018,000,000
total long term liabilities181,700,000130,900,000112,000,000112,000,000130,900,00097,600,00081,500,00068,700,00073,100,00061,100,00020,400,00010,300,00011,400,00010,800,0009,000,000
total liabilities367,100,000282,100,000302,300,000219,800,000235,000,000193,600,000175,500,000146,800,000134,800,000123,200,00077,300,00061,200,00070,800,00074,700,00065,600,000
net assets301,600,000303,600,000290,400,000208,400,000200,500,000134,700,000126,800,000123,800,000101,900,00092,700,00048,500,00051,500,00049,100,00051,300,00051,900,000
total shareholders funds301,600,000303,600,000290,400,000208,400,000200,500,000134,700,000126,800,000123,800,000101,900,00092,700,00048,500,00051,500,00049,100,00051,300,00051,900,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit31,200,00034,600,00020,900,00017,100,00023,800,00022,000,00017,300,0007,700,00011,400,0006,100,0005,200,0001,400,0003,900,0002,500,000-5,500,000
Depreciation11,300,00010,400,0009,800,0008,500,00011,400,0004,600,0003,500,0003,000,0002,200,0002,100,0001,100,0001,000,0001,200,0001,100,0001,200,000
Amortisation16,500,00016,500,00014,900,00011,700,0009,600,0006,500,0005,500,0004,600,0003,400,0002,600,0001,300,0001,000,0001,100,000600,000300,000
Tax-6,700,000-7,800,000-7,400,000-4,000,000-5,200,000-4,700,000-4,000,000-1,300,000-2,200,000-1,400,000-500,0001,400,000-600,000-200,000-300,000
Stock-9,900,00012,200,00010,100,000-700,0002,200,0008,100,0008,000,0007,200,0003,100,00020,400,000100,000-6,400,000400,0002,000,00023,300,000
Debtors5,100,000-1,700,0003,000,000-3,400,0007,500,0004,100,0007,300,00011,800,0005,300,00011,900,0003,600,000-4,700,000-9,900,0005,700,00053,600,000
Creditors-6,900,000-4,400,000-800,000-300,000-1,800,0007,100,0006,000,00011,400,000-1,400,0008,800,0002,700,000-21,100,00012,300,0005,200,00027,900,000
Accruals and Deferred Income39,400,000-34,000,00083,400,0009,300,000-200,000-5,100,0009,900,0005,800,000200,0003,200,000800,0008,300,000-11,700,000400,00025,300,000
Deferred Taxes & Provisions2,600,00012,800,0001,600,00010,400,000-5,000,000-1,000,00015,400,000-2,600,0001,800,000-4,000,0003,200,00018,000,000
Cash flow from operations92,200,0004,800,000120,500,00048,000,00038,300,00018,200,00017,900,00011,200,00020,600,000-13,500,0008,700,000-900,00018,900,0001,900,000-10,000,000
Investing Activities
capital expenditure-72,900,000-24,400,000-110,600,000-29,000,000-115,500,000-23,900,000-23,200,000-21,400,000-25,400,000-60,200,000-4,600,000-400,000-7,100,000-6,300,000-24,600,000
Change in Investments-3,000,0003,000,000
cash flow from investments-72,900,000-24,400,000-110,600,000-26,000,000-118,500,000-23,900,000-23,200,000-21,400,000-25,400,000-60,200,000-4,600,000-400,000-7,100,000-6,300,000-24,600,000
Financing Activities
Bank loans-2,800,0002,800,000-100,000100,000-100,000-800,000900,000-900,000900,000
Group/Directors Accounts
Other Short Term Loans -3,400,0003,400,000
Long term loans48,600,00015,900,000-8,600,000-113,500,000137,800,00016,800,00017,900,000-64,400,00068,900,00026,500,00015,600,0002,600,000-2,800,0003,600,000
Hire Purchase and Lease Commitments1,300,000-2,300,000-400,0001,500,00020,000,000
other long term liabilities500,0001,400,0001,900,000800,000-700,000-2,600,0003,300,000-7,400,0006,000,0001,400,000
share issue-7,000,0003,100,00081,700,000-1,300,00053,300,000-1,400,00023,600,0006,900,00044,900,000-1,600,0006,600,000-2,100,000-300,00060,100,000
interest-9,000,000-5,500,000-3,800,000-3,600,000-4,300,000-3,400,000-2,700,000-2,900,000-2,000,000-1,800,000-1,000,000-700,000-1,200,000-600,000-800,000
cash flow from financing34,400,00012,600,00070,800,000-118,900,000209,600,00012,700,00011,200,000-40,500,00066,500,00075,500,00013,600,0009,400,000-7,000,000200,00062,700,000
cash and cash equivalents
cash26,900,000-24,900,00079,600,000-7,600,00013,900,0001,000,000900,0001,100,000-6,800,0008,600,000300,0005,500,000-1,300,000-3,700,00017,300,000
overdraft-2,000,0002,000,000-700,000700,000-6,700,0003,300,0003,400,000-4,200,0004,200,000
change in cash26,900,000-24,900,00079,600,000-5,600,00011,900,0001,000,000900,0001,800,000-7,500,00015,300,000-3,000,0002,100,0002,900,000-7,900,00017,300,000

discoverie 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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Discoverie Group Plc Competitor Analysis

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Perform a competitor analysis for discoverie group plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in GU2 area or any other competitors across 12 key performance metrics.

discoverie group plc Ownership

DISCOVERIE GROUP PLC Shareholders

undisclosed 100%

discoverie group plc directors

Discoverie Group Plc currently has 7 directors. The longest serving directors include Mr Nicholas Jefferies (Jan 2009) and Mr Simon Gibbins (Jul 2010).

officercountryagestartendrole
Mr Nicholas Jefferies59 years Jan 2009- Director
Mr Simon GibbinsEngland58 years Jul 2010- Director
Mr Bruce Thompson69 years Feb 2018- Director
Mr Clive WatsonEngland67 years Sep 2019- Director
Mr Rosalind KainyahUnited Kingdom67 years Jan 2022- Director
Mr Rosalind KainyahUnited Kingdom67 years Jan 2022- Director
Ms Celia BaxterUnited Kingdom67 years Jun 2023- Director

P&L

March 2024

turnover

437m

-3%

operating profit

31.2m

-10%

gross margin

33.3%

+0.41%

turnover

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

Balance Sheet

March 2024

net assets

301.6m

-0.01%

total assets

668.7m

+0.14%

cash

110.8m

+0.32%

net assets

Total assets minus all liabilities

discoverie group plc company details

company number

02008246

Type

Public limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 1986

age

39

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

acal plc (November 2017)

spurfame limited (March 1987)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

2 chancellor court, occam road surrey research park, guildford, surrey, GU2 7AH

Bank

BANK OF IRELAND

Legal Advisor

-

discoverie 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 5 charges/mortgages relating to discoverie group plc. Currently there are 0 open charges and 5 have been satisfied in the past.

discoverie group plc 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 DISCOVERIE GROUP PLC. This can take several minutes, an email will notify you when this has completed.

discoverie group plc Companies House Filings - See Documents

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