cipfa business limited
cipfa business limited Company Information
Company Number
02376684
Website
http://cipfa.orgRegistered Address
77 mansell street, london, E1 8AN
Industry
Other publishing activities
Management consultancy activities (other than financial management)
Telephone
02075435600
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
chartered institute of public finance & accountancy 100%
cipfa business limited Estimated Valuation
Pomanda estimates the enterprise value of CIPFA BUSINESS LIMITED at £10m based on a Turnover of £14.1m and 0.71x industry multiple (adjusted for size and gross margin).
cipfa business limited Estimated Valuation
Pomanda estimates the enterprise value of CIPFA BUSINESS LIMITED at £23.6m based on an EBITDA of £4.8m and a 4.9x industry multiple (adjusted for size and gross margin).
cipfa business limited Estimated Valuation
Pomanda estimates the enterprise value of CIPFA BUSINESS LIMITED at £1.2m based on Net Assets of £572k and 2.08x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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Cipfa Business Limited Overview
Cipfa Business Limited is a live company located in london, E1 8AN with a Companies House number of 02376684. It operates in the other publishing activities sector, SIC Code 58190. Founded in April 1989, it's largest shareholder is chartered institute of public finance & accountancy with a 100% stake. Cipfa Business Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.1m with low growth in recent years.
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Cipfa Business Limited Health Check
Pomanda's financial health check has awarded Cipfa Business Limited a 4.5 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
3 Regular
4 Weak
Size
annual sales of £14.1m, make it larger than the average company (£2.7m)
£14.1m - Cipfa Business Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.4%)
- Cipfa Business Limited
3.4% - Industry AVG
Production
with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)
50.2% - Cipfa Business Limited
50.2% - Industry AVG
Profitability
an operating margin of 33.2% make it more profitable than the average company (7.2%)
33.2% - Cipfa Business Limited
7.2% - Industry AVG
Employees
with 45 employees, this is above the industry average (21)
45 - Cipfa Business Limited
21 - Industry AVG
Pay Structure
on an average salary of £105k, the company has a higher pay structure (£51.2k)
£105k - Cipfa Business Limited
£51.2k - Industry AVG
Efficiency
resulting in sales per employee of £314k, this is more efficient (£136.1k)
£314k - Cipfa Business Limited
£136.1k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (55 days)
46 days - Cipfa Business Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (32 days)
19 days - Cipfa Business Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (26 days)
2 days - Cipfa Business Limited
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is average cash available to meet short term requirements (23 weeks)
28 weeks - Cipfa Business Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.4%, this is a higher level of debt than the average (62.2%)
86.4% - Cipfa Business Limited
62.2% - Industry AVG
cipfa business limited Credit Report and Business Information
Cipfa Business Limited Competitor Analysis
Perform a competitor analysis for cipfa business limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cipfa business limited Ownership
CIPFA BUSINESS LIMITED group structure
Cipfa Business Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
CIPFA BUSINESS LIMITED
02376684
3 subsidiaries
cipfa business limited directors
Cipfa Business Limited currently has 8 directors. The longest serving directors include Mr Robert Whiteman (Oct 2013) and Mr Roger Alderson (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Whiteman | England | 62 years | Oct 2013 | - | Director |
| Mr Roger Alderson | 59 years | Mar 2017 | - | Director | |
| Mr Mark Thomson | England | 62 years | May 2020 | - | Director |
| Professor Mary Bishop | England | 63 years | Apr 2021 | - | Director |
| Ms Caroline Rassell | 59 years | Jul 2022 | - | Director | |
| Mr Kevin Gaskell | 60 years | Feb 2023 | - | Director | |
| Ms Carol Culley | England | 55 years | Jun 2023 | - | Director |
| Mrs Anna Blackman | United Kingdom | 44 years | Jan 2024 | - | Director |
CIPFA BUSINESS LIMITED financials
Cipfa Business Limited's latest turnover from December 2022 is £14.1 million and the company has net assets of £572 thousand. According to their latest financial statements, Cipfa Business Limited has 45 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 14,130,000 | 13,385,000 | 13,187,000 | 14,002,000 | 13,397,000 | 13,374,000 | 12,674,000 | 19,131,000 | 19,816,000 | 18,339,000 | 18,513,000 | 20,580,000 | 26,292,000 | 26,555,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 4,688,000 | 4,752,000 | 3,088,000 | -1,792,000 | 2,215,000 | 2,253,000 | 1,901,000 | 1,988,000 | 3,044,000 | 3,102,000 | 3,175,000 | 1,108,000 | 3,805,000 | 2,857,000 |
| Interest Payable | 0 | 34,000 | 71,000 | 91,000 | 73,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 8,000 | 5,000 | 4,000 | 3,000 | 8,000 | 12,000 | 13,000 | 22,000 | 10,000 | 3,000 | 7,000 | 14,000 |
| Pre-Tax Profit | 4,688,000 | 4,718,000 | 1,763,000 | -1,878,000 | -2,026,000 | 2,256,000 | 1,909,000 | 2,000,000 | 3,057,000 | 0 | 3,185,000 | 1,111,000 | 3,812,000 | 2,871,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,000 | -49,000 | 2,000 |
| Profit After Tax | 4,688,000 | 4,718,000 | 1,763,000 | -1,878,000 | -2,026,000 | 2,256,000 | 1,909,000 | 2,000,000 | 3,057,000 | 0 | 3,185,000 | 1,092,000 | 3,763,000 | 2,873,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 4,688,000 | 4,718,000 | 1,763,000 | -2,108,000 | -2,026,000 | 2,256,000 | 0 | 105,000 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Employee Costs | 4,726,000 | 5,080,000 | 5,884,000 | 6,248,000 | 5,831,000 | 6,880,000 | 6,792,000 | 9,417,000 | 8,258,000 | 7,799,000 | 7,559,000 | 9,509,000 | 9,559,000 | 8,428,000 |
| Number Of Employees | 45 | 45 | 59 | 64 | 63 | 68 | 71 | 167 | 145 | 139 | 132 | 161 | 179 | 135 |
| EBITDA* | 4,805,000 | 4,832,000 | 3,205,000 | -1,658,000 | 2,381,000 | 2,420,000 | 1,973,000 | 2,162,000 | 3,288,000 | 3,342,000 | 3,324,000 | 1,234,000 | 3,954,000 | 2,982,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 11,000 | 15,000 | 70,000 | 92,000 | 169,000 | 274,000 | 338,000 | 89,000 | 188,000 | 403,000 | 546,000 | 484,000 | 306,000 | 304,000 |
| Intangible Assets | 362,000 | 228,000 | 289,000 | 205,000 | 3,795,000 | 2,392,000 | 424,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 373,000 | 243,000 | 359,000 | 297,000 | 3,964,000 | 2,666,000 | 762,000 | 89,000 | 188,000 | 403,000 | 546,000 | 484,000 | 306,000 | 304,000 |
| Stock & work in progress | 40,000 | 85,000 | 142,000 | 108,000 | 276,000 | 377,000 | 238,000 | 289,000 | 318,000 | 251,000 | 110,000 | 87,000 | 166,000 | 352,000 |
| Trade Debtors | 1,794,000 | 1,688,000 | 901,000 | 834,000 | 1,058,000 | 1,316,000 | 900,000 | 979,000 | 2,081,000 | 1,501,000 | 1,264,000 | 1,872,000 | 3,300,000 | 3,865,000 |
| Group Debtors | 2,000 | 0 | 0 | 1,076,000 | 26,000 | 526,000 | 333,000 | 182,000 | 82,000 | 179,000 | 49,000 | 672,000 | 942,000 | 408,000 |
| Misc Debtors | 40,000 | 37,000 | 109,000 | 481,000 | 626,000 | 412,000 | 767,000 | 554,000 | 652,000 | 672,000 | 721,000 | 754,000 | 432,000 | 1,832,000 |
| Cash | 1,958,000 | 2,135,000 | 4,549,000 | 940,000 | 129,000 | 1,532,000 | 804,000 | 2,072,000 | 1,123,000 | 926,000 | 1,311,000 | 1,051,000 | 736,000 | 4,602,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,000 | 68,000 |
| total current assets | 3,834,000 | 3,945,000 | 5,701,000 | 3,439,000 | 2,115,000 | 4,163,000 | 3,042,000 | 4,076,000 | 4,256,000 | 3,529,000 | 3,455,000 | 4,436,000 | 5,595,000 | 11,127,000 |
| total assets | 4,207,000 | 4,188,000 | 6,060,000 | 3,736,000 | 6,079,000 | 6,829,000 | 3,804,000 | 4,165,000 | 4,444,000 | 3,932,000 | 4,001,000 | 4,920,000 | 5,901,000 | 11,431,000 |
| 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 | 371,000 | 523,000 | 503,000 | 752,000 | 1,117,000 | 1,464,000 | 459,000 | 710,000 | 933,000 | 928,000 | 1,102,000 | 1,674,000 | 1,410,000 | 2,945,000 |
| Group/Directors Accounts | 748,000 | 765,000 | 254,000 | 226,000 | 14,000 | 247,000 | 554,000 | 383,000 | 452,000 | 366,000 | 318,000 | 340,000 | 1,206,000 | 5,235,000 |
| other short term finances | 0 | 0 | 505,000 | 484,000 | 360,000 | 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 | 2,516,000 | 2,618,000 | 3,862,000 | 2,596,000 | 2,318,000 | 2,462,000 | 2,391,000 | 2,672,000 | 2,764,000 | 2,238,000 | 2,181,000 | 2,506,000 | 2,885,000 | 2,851,000 |
| total current liabilities | 3,635,000 | 3,906,000 | 5,124,000 | 4,058,000 | 3,809,000 | 4,173,000 | 3,404,000 | 3,765,000 | 4,149,000 | 3,532,000 | 3,601,000 | 4,520,000 | 5,501,000 | 11,031,000 |
| loans | 0 | 0 | 651,000 | 1,156,000 | 1,640,000 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 651,000 | 1,156,000 | 1,640,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,635,000 | 3,906,000 | 5,775,000 | 5,214,000 | 5,449,000 | 4,173,000 | 3,404,000 | 3,765,000 | 4,149,000 | 3,532,000 | 3,601,000 | 4,520,000 | 5,501,000 | 11,031,000 |
| net assets | 572,000 | 282,000 | 285,000 | -1,478,000 | 630,000 | 2,656,000 | 400,000 | 400,000 | 295,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 |
| total shareholders funds | 572,000 | 282,000 | 285,000 | -1,478,000 | 630,000 | 2,656,000 | 400,000 | 400,000 | 295,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 |
| 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 | 4,688,000 | 4,752,000 | 3,088,000 | -1,792,000 | 2,215,000 | 2,253,000 | 1,901,000 | 1,988,000 | 3,044,000 | 3,102,000 | 3,175,000 | 1,108,000 | 3,805,000 | 2,857,000 |
| Depreciation | 56,000 | 56,000 | 65,000 | 82,000 | 114,000 | 123,000 | 72,000 | 174,000 | 244,000 | 240,000 | 149,000 | 126,000 | 149,000 | 125,000 |
| Amortisation | 61,000 | 24,000 | 52,000 | 52,000 | 52,000 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,000 | -49,000 | 2,000 |
| Stock | -45,000 | -57,000 | 34,000 | -168,000 | -101,000 | 139,000 | -51,000 | -29,000 | 67,000 | 141,000 | 23,000 | -79,000 | -186,000 | 352,000 |
| Debtors | 111,000 | 715,000 | -1,381,000 | 681,000 | -544,000 | 254,000 | 285,000 | -1,100,000 | 463,000 | 318,000 | -1,264,000 | -1,376,000 | -1,431,000 | 6,105,000 |
| Creditors | -152,000 | 20,000 | -249,000 | -365,000 | -347,000 | 1,005,000 | -251,000 | -223,000 | 5,000 | -174,000 | -572,000 | 264,000 | -1,535,000 | 2,945,000 |
| Accruals and Deferred Income | -102,000 | -1,244,000 | 1,266,000 | 278,000 | -144,000 | 71,000 | -281,000 | -92,000 | 526,000 | 57,000 | -325,000 | -379,000 | 34,000 | 2,851,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,485,000 | 2,950,000 | 5,569,000 | -2,258,000 | 2,535,000 | 3,103,000 | 1,207,000 | 2,976,000 | 3,289,000 | 2,766,000 | 3,668,000 | 2,555,000 | 4,021,000 | 2,323,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -1,464,000 | -2,076,000 | -744,000 | -75,000 | -29,000 | -97,000 | -261,000 | -306,000 | -151,000 | -164,000 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -1,464,000 | -2,076,000 | -744,000 | -75,000 | -29,000 | -97,000 | -261,000 | -306,000 | -151,000 | -164,000 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -17,000 | 511,000 | 28,000 | 212,000 | -233,000 | -307,000 | 171,000 | -69,000 | 86,000 | 48,000 | -22,000 | -866,000 | -4,029,000 | 5,235,000 |
| Other Short Term Loans | 0 | -505,000 | 21,000 | 124,000 | 360,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -651,000 | -505,000 | -484,000 | 1,640,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | -34,000 | -63,000 | -86,000 | -69,000 | 3,000 | 8,000 | 12,000 | 13,000 | 22,000 | 10,000 | 3,000 | 7,000 | 14,000 |
| cash flow from financing | -4,415,000 | -5,400,000 | -519,000 | -234,000 | 1,698,000 | -304,000 | 179,000 | -57,000 | -11,000 | 70,000 | -12,000 | -863,000 | -4,022,000 | 5,649,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -177,000 | -2,414,000 | 3,609,000 | 811,000 | -1,403,000 | 728,000 | -1,268,000 | 949,000 | 197,000 | -385,000 | 260,000 | 315,000 | -3,866,000 | 4,602,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -177,000 | -2,414,000 | 3,609,000 | 811,000 | -1,403,000 | 728,000 | -1,268,000 | 949,000 | 197,000 | -385,000 | 260,000 | 315,000 | -3,866,000 | 4,602,000 |
P&L
December 2022turnover
14.1m
+6%
operating profit
4.7m
-1%
gross margin
50.2%
+1.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
572k
+1.03%
total assets
4.2m
0%
cash
2m
-0.08%
net assets
Total assets minus all liabilities
cipfa business limited company details
company number
02376684
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
58190 - Other publishing activities
70229 - Management consultancy activities (other than financial management)
incorporation date
April 1989
age
35
accounts
Full Accounts
ultimate parent company
previous names
institute of public finance limited (June 2009)
cipfa placements limited (February 1993)
incorporated
UK
address
77 mansell street, london, E1 8AN
last accounts submitted
December 2022
cipfa business 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 cipfa business limited. Currently there are 0 open charges and 1 have been satisfied in the past.
cipfa business limited Companies House Filings - See Documents
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