discoverie group plc Company Information
Company Number
02008246
Next Accounts
Sep 2025
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
Website
www.discoverieplc.comdiscoverie group plc Estimated Valuation
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
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
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


7 Strong

2 Regular

3 Weak

Size
annual sales of £437m, make it larger than the average company (£20.3m)
£437m - Discoverie Group Plc
£20.3m - Industry AVG

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
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
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
with 4441 employees, this is above the industry average (114)
4441 - Discoverie Group Plc
114 - Industry AVG

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
resulting in sales per employee of £98.4k, this is less efficient (£196.5k)
£98.4k - Discoverie Group Plc
£196.5k - Industry AVG

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

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

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

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

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

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 House, Pomanda Estimates
Mar 2024 | 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 | 437,000,000 | 448,900,000 | 379,200,000 | 302,800,000 | 466,400,000 | 438,900,000 | 387,900,000 | 338,200,000 | 287,700,000 | 271,100,000 | 211,600,000 | 177,400,000 | 257,800,000 | 264,800,000 | 181,600,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 309,700,000 | 293,900,000 | 261,200,000 | 227,200,000 | 195,100,000 | 186,700,000 | 148,600,000 | 123,000,000 | 179,900,000 | 189,600,000 | 131,500,000 | ||||
Gross Profit | 156,700,000 | 145,000,000 | 126,700,000 | 111,000,000 | 92,600,000 | 84,400,000 | 63,000,000 | 54,400,000 | 77,900,000 | 75,200,000 | 50,100,000 | ||||
Admin Expenses | 132,900,000 | 123,000,000 | 109,400,000 | 103,300,000 | 81,200,000 | 78,300,000 | 57,800,000 | 53,000,000 | 74,000,000 | 72,700,000 | 55,600,000 | ||||
Operating Profit | 31,200,000 | 34,600,000 | 20,900,000 | 17,100,000 | 23,800,000 | 22,000,000 | 17,300,000 | 7,700,000 | 11,400,000 | 6,100,000 | 5,200,000 | 1,400,000 | 3,900,000 | 2,500,000 | -5,500,000 |
Interest Payable | 12,900,000 | 7,100,000 | 4,200,000 | 3,900,000 | 4,900,000 | 3,900,000 | 3,100,000 | 3,100,000 | 3,400,000 | 1,900,000 | 1,200,000 | 900,000 | 1,400,000 | 900,000 | 1,200,000 |
Interest Receivable | 3,900,000 | 1,600,000 | 400,000 | 300,000 | 600,000 | 500,000 | 400,000 | 200,000 | 1,400,000 | 100,000 | 200,000 | 200,000 | 200,000 | 300,000 | 400,000 |
Pre-Tax Profit | 22,200,000 | 29,100,000 | 17,100,000 | 13,500,000 | 19,500,000 | 19,300,000 | 14,600,000 | 4,800,000 | 9,400,000 | 4,300,000 | 4,200,000 | 700,000 | 2,700,000 | 1,900,000 | -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 | -500,000 | 1,400,000 | -600,000 | -200,000 | -300,000 |
Profit After Tax | 15,500,000 | 21,300,000 | 9,700,000 | 9,500,000 | 14,300,000 | 14,600,000 | 10,600,000 | 3,500,000 | 7,200,000 | 2,900,000 | 3,700,000 | 2,100,000 | 2,100,000 | 1,700,000 | -6,600,000 |
Dividends Paid | 10,500,000 | 11,200,000 | 9,400,000 | 2,800,000 | 1,800,000 | 6,700,000 | 6,200,000 | 5,200,000 | 4,900,000 | 3,600,000 | 2,700,000 | 2,300,000 | 2,000,000 | 1,600,000 | |
Retained Profit | 5,000,000 | 10,100,000 | 300,000 | 9,200,000 | 12,500,000 | 7,900,000 | 4,400,000 | -1,700,000 | 2,300,000 | -700,000 | -1,400,000 | -4,200,000 | -100,000 | -300,000 | -8,200,000 |
Employee Costs | 114,700,000 | 107,900,000 | 86,000,000 | 71,100,000 | 94,000,000 | 88,400,000 | 78,900,000 | 73,500,000 | 62,100,000 | 56,200,000 | 44,100,000 | 41,300,000 | 47,700,000 | 44,900,000 | 34,200,000 |
Number Of Employees | 4,441 | 4,863 | 4,522 | 3,886 | 4,394 | 4,281 | 3,986 | 3,719 | 3,661 | 2,551 | 1,169 | 848 | 942 | 920 | 795 |
EBITDA* | 59,000,000 | 61,500,000 | 45,600,000 | 37,300,000 | 44,800,000 | 33,100,000 | 26,300,000 | 15,300,000 | 17,000,000 | 10,800,000 | 7,600,000 | 3,400,000 | 6,200,000 | 4,200,000 | -4,000,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | 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 | 30,900,000 | 44,700,000 | 75,100,000 | 61,700,000 | 61,500,000 | 29,500,000 | 29,200,000 | 21,500,000 | 20,200,000 | 18,700,000 | 7,600,000 | 6,700,000 | 6,800,000 | 6,600,000 | 6,600,000 |
Intangible Assets | 350,100,000 | 291,200,000 | 263,300,000 | 190,800,000 | 182,200,000 | 119,700,000 | 107,200,000 | 100,700,000 | 88,200,000 | 69,900,000 | 25,500,000 | 24,200,000 | 25,700,000 | 21,100,000 | 16,500,000 |
Investments & Other | 3,000,000 | ||||||||||||||
Debtors (Due After 1 year) | 10,400,000 | 19,500,000 | 17,800,000 | 7,900,000 | 6,100,000 | ||||||||||
Total Fixed Assets | 381,000,000 | 335,900,000 | 326,500,000 | 244,600,000 | 237,600,000 | 149,200,000 | 136,400,000 | 122,200,000 | 108,400,000 | 88,600,000 | 33,100,000 | 30,900,000 | 32,500,000 | 27,700,000 | 23,100,000 |
Stock & work in progress | 80,100,000 | 90,000,000 | 77,800,000 | 67,700,000 | 68,400,000 | 66,200,000 | 58,100,000 | 50,100,000 | 42,900,000 | 39,800,000 | 19,400,000 | 19,300,000 | 25,700,000 | 25,300,000 | 23,300,000 |
Trade Debtors | 69,300,000 | 62,400,000 | 63,800,000 | 75,500,000 | 80,300,000 | 78,500,000 | 74,400,000 | 69,100,000 | 58,900,000 | 53,200,000 | 43,400,000 | 40,200,000 | 43,900,000 | 56,000,000 | 47,200,000 |
Group Debtors | |||||||||||||||
Misc Debtors | 19,500,000 | 12,200,000 | 14,200,000 | 9,400,000 | 9,800,000 | 10,200,000 | 10,200,000 | 8,200,000 | 6,600,000 | 7,000,000 | 4,900,000 | 4,500,000 | 5,500,000 | 3,300,000 | 6,400,000 |
Cash | 110,800,000 | 83,900,000 | 108,800,000 | 29,200,000 | 36,800,000 | 22,900,000 | 21,900,000 | 21,000,000 | 19,900,000 | 26,700,000 | 18,100,000 | 17,800,000 | 12,300,000 | 13,600,000 | 17,300,000 |
misc current assets | 500,000 | 1,300,000 | 1,300,000 | 600,000 | 6,900,000 | 100,000 | 200,000 | ||||||||
total current assets | 287,700,000 | 249,800,000 | 266,200,000 | 183,600,000 | 197,900,000 | 179,100,000 | 165,900,000 | 148,400,000 | 128,300,000 | 127,300,000 | 92,700,000 | 81,800,000 | 87,400,000 | 98,300,000 | 94,400,000 |
total assets | 668,700,000 | 585,700,000 | 592,700,000 | 428,200,000 | 435,500,000 | 328,300,000 | 302,300,000 | 270,600,000 | 236,700,000 | 215,900,000 | 125,800,000 | 112,700,000 | 119,900,000 | 126,000,000 | 117,500,000 |
Bank overdraft | 2,000,000 | 700,000 | 6,700,000 | 3,400,000 | 4,200,000 | ||||||||||
Bank loan | 2,800,000 | 100,000 | 100,000 | 900,000 | 900,000 | ||||||||||
Trade Creditors | 44,700,000 | 51,600,000 | 56,000,000 | 56,800,000 | 57,100,000 | 58,900,000 | 51,800,000 | 45,800,000 | 34,400,000 | 35,800,000 | 27,000,000 | 24,300,000 | 45,400,000 | 33,100,000 | 27,900,000 |
Group/Directors Accounts | |||||||||||||||
other short term finances | 3,400,000 | ||||||||||||||
hp & lease commitments | 5,700,000 | 4,000,000 | 4,700,000 | 4,800,000 | 5,300,000 | ||||||||||
other current liabilities | 135,000,000 | 95,600,000 | 129,600,000 | 46,200,000 | 36,900,000 | 37,100,000 | 42,200,000 | 32,300,000 | 26,500,000 | 26,300,000 | 23,100,000 | 22,300,000 | 14,000,000 | 25,700,000 | 25,300,000 |
total current liabilities | 185,400,000 | 151,200,000 | 190,300,000 | 107,800,000 | 104,100,000 | 96,000,000 | 94,000,000 | 78,100,000 | 61,700,000 | 62,100,000 | 56,900,000 | 50,900,000 | 59,400,000 | 63,900,000 | 56,600,000 |
loans | 164,900,000 | 116,300,000 | 100,400,000 | 109,000,000 | 222,500,000 | 84,700,000 | 67,900,000 | 50,000,000 | 114,400,000 | 45,500,000 | 19,000,000 | 3,400,000 | 800,000 | 3,600,000 | |
hp & lease commitments | 14,400,000 | 14,800,000 | 16,400,000 | 16,700,000 | 14,700,000 | ||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 4,600,000 | 4,100,000 | 2,700,000 | 800,000 | 700,000 | 3,300,000 | 7,400,000 | 1,400,000 | |||||||
provisions | 53,200,000 | 50,600,000 | 50,600,000 | 37,800,000 | 36,200,000 | 25,800,000 | 25,800,000 | 30,800,000 | 31,800,000 | 16,400,000 | 19,000,000 | 17,200,000 | 21,200,000 | 18,000,000 | 18,000,000 |
total long term liabilities | 181,700,000 | 130,900,000 | 112,000,000 | 112,000,000 | 130,900,000 | 97,600,000 | 81,500,000 | 68,700,000 | 73,100,000 | 61,100,000 | 20,400,000 | 10,300,000 | 11,400,000 | 10,800,000 | 9,000,000 |
total liabilities | 367,100,000 | 282,100,000 | 302,300,000 | 219,800,000 | 235,000,000 | 193,600,000 | 175,500,000 | 146,800,000 | 134,800,000 | 123,200,000 | 77,300,000 | 61,200,000 | 70,800,000 | 74,700,000 | 65,600,000 |
net assets | 301,600,000 | 303,600,000 | 290,400,000 | 208,400,000 | 200,500,000 | 134,700,000 | 126,800,000 | 123,800,000 | 101,900,000 | 92,700,000 | 48,500,000 | 51,500,000 | 49,100,000 | 51,300,000 | 51,900,000 |
total shareholders funds | 301,600,000 | 303,600,000 | 290,400,000 | 208,400,000 | 200,500,000 | 134,700,000 | 126,800,000 | 123,800,000 | 101,900,000 | 92,700,000 | 48,500,000 | 51,500,000 | 49,100,000 | 51,300,000 | 51,900,000 |
Mar 2024 | 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 | 31,200,000 | 34,600,000 | 20,900,000 | 17,100,000 | 23,800,000 | 22,000,000 | 17,300,000 | 7,700,000 | 11,400,000 | 6,100,000 | 5,200,000 | 1,400,000 | 3,900,000 | 2,500,000 | -5,500,000 |
Depreciation | 11,300,000 | 10,400,000 | 9,800,000 | 8,500,000 | 11,400,000 | 4,600,000 | 3,500,000 | 3,000,000 | 2,200,000 | 2,100,000 | 1,100,000 | 1,000,000 | 1,200,000 | 1,100,000 | 1,200,000 |
Amortisation | 16,500,000 | 16,500,000 | 14,900,000 | 11,700,000 | 9,600,000 | 6,500,000 | 5,500,000 | 4,600,000 | 3,400,000 | 2,600,000 | 1,300,000 | 1,000,000 | 1,100,000 | 600,000 | 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 | -500,000 | 1,400,000 | -600,000 | -200,000 | -300,000 |
Stock | -9,900,000 | 12,200,000 | 10,100,000 | -700,000 | 2,200,000 | 8,100,000 | 8,000,000 | 7,200,000 | 3,100,000 | 20,400,000 | 100,000 | -6,400,000 | 400,000 | 2,000,000 | 23,300,000 |
Debtors | 5,100,000 | -1,700,000 | 3,000,000 | -3,400,000 | 7,500,000 | 4,100,000 | 7,300,000 | 11,800,000 | 5,300,000 | 11,900,000 | 3,600,000 | -4,700,000 | -9,900,000 | 5,700,000 | 53,600,000 |
Creditors | -6,900,000 | -4,400,000 | -800,000 | -300,000 | -1,800,000 | 7,100,000 | 6,000,000 | 11,400,000 | -1,400,000 | 8,800,000 | 2,700,000 | -21,100,000 | 12,300,000 | 5,200,000 | 27,900,000 |
Accruals and Deferred Income | 39,400,000 | -34,000,000 | 83,400,000 | 9,300,000 | -200,000 | -5,100,000 | 9,900,000 | 5,800,000 | 200,000 | 3,200,000 | 800,000 | 8,300,000 | -11,700,000 | 400,000 | 25,300,000 |
Deferred Taxes & Provisions | 2,600,000 | 12,800,000 | 1,600,000 | 10,400,000 | -5,000,000 | -1,000,000 | 15,400,000 | -2,600,000 | 1,800,000 | -4,000,000 | 3,200,000 | 18,000,000 | |||
Cash flow from operations | 92,200,000 | 4,800,000 | 120,500,000 | 48,000,000 | 38,300,000 | 18,200,000 | 17,900,000 | 11,200,000 | 20,600,000 | -13,500,000 | 8,700,000 | -900,000 | 18,900,000 | 1,900,000 | -10,000,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -3,000,000 | 3,000,000 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -2,800,000 | 2,800,000 | -100,000 | 100,000 | -100,000 | -800,000 | 900,000 | -900,000 | 900,000 | ||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | -3,400,000 | 3,400,000 | |||||||||||||
Long term loans | 48,600,000 | 15,900,000 | -8,600,000 | -113,500,000 | 137,800,000 | 16,800,000 | 17,900,000 | -64,400,000 | 68,900,000 | 26,500,000 | 15,600,000 | 2,600,000 | -2,800,000 | 3,600,000 | |
Hire Purchase and Lease Commitments | 1,300,000 | -2,300,000 | -400,000 | 1,500,000 | 20,000,000 | ||||||||||
other long term liabilities | 500,000 | 1,400,000 | 1,900,000 | 800,000 | -700,000 | -2,600,000 | 3,300,000 | -7,400,000 | 6,000,000 | 1,400,000 | |||||
share issue | |||||||||||||||
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 financing | 34,400,000 | 12,600,000 | 70,800,000 | -118,900,000 | 209,600,000 | 12,700,000 | 11,200,000 | -40,500,000 | 66,500,000 | 75,500,000 | 13,600,000 | 9,400,000 | -7,000,000 | 200,000 | 62,700,000 |
cash and cash equivalents | |||||||||||||||
cash | 26,900,000 | -24,900,000 | 79,600,000 | -7,600,000 | 13,900,000 | 1,000,000 | 900,000 | 1,100,000 | -6,800,000 | 8,600,000 | 300,000 | 5,500,000 | -1,300,000 | -3,700,000 | 17,300,000 |
overdraft | -2,000,000 | 2,000,000 | -700,000 | 700,000 | -6,700,000 | 3,300,000 | 3,400,000 | -4,200,000 | 4,200,000 | ||||||
change in cash | 26,900,000 | -24,900,000 | 79,600,000 | -5,600,000 | 11,900,000 | 1,000,000 | 900,000 | 1,800,000 | -7,500,000 | 15,300,000 | -3,000,000 | 2,100,000 | 2,900,000 | -7,900,000 | 17,300,000 |
discoverie group plc Credit Report and Business Information
Discoverie Group Plc Competitor Analysis

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 group structure
Discoverie Group Plc has 7 subsidiary companies.
Ultimate parent company
DISCOVERIE GROUP PLC
02008246
7 subsidiaries
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Jefferies | 59 years | Jan 2009 | - | Director | |
Mr Simon Gibbins | England | 58 years | Jul 2010 | - | Director |
Mr Bruce Thompson | 69 years | Feb 2018 | - | Director | |
Mr Clive Watson | England | 67 years | Sep 2019 | - | Director |
Mr Rosalind Kainyah | United Kingdom | 67 years | Jan 2022 | - | Director |
Mr Rosalind Kainyah | United Kingdom | 67 years | Jan 2022 | - | Director |
Ms Celia Baxter | United Kingdom | 67 years | Jun 2023 | - | Director |
P&L
March 2024turnover
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 2024net 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
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.
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discoverie group plc Companies House Filings - See Documents
date | description | view/download |
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