coventry university enterprises limited

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coventry university enterprises limited Company Information

Share COVENTRY UNIVERSITY ENTERPRISES LIMITED

Company Number

02409655

Shareholders

coventry university higher education corporation

coventry university higher education corp

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

coventry university, priory street, coventry, CV1 5FB

coventry university enterprises limited Estimated Valuation

£20.6m

Pomanda estimates the enterprise value of COVENTRY UNIVERSITY ENTERPRISES LIMITED at £20.6m based on a Turnover of £32.1m and 0.64x industry multiple (adjusted for size and gross margin).

coventry university enterprises limited Estimated Valuation

£12.3m

Pomanda estimates the enterprise value of COVENTRY UNIVERSITY ENTERPRISES LIMITED at £12.3m based on an EBITDA of £2.9m and a 4.27x industry multiple (adjusted for size and gross margin).

coventry university enterprises limited Estimated Valuation

£87.6m

Pomanda estimates the enterprise value of COVENTRY UNIVERSITY ENTERPRISES LIMITED at £87.6m based on Net Assets of £37.3m and 2.35x industry multiple (adjusted for liquidity).

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Coventry University Enterprises Limited Overview

Coventry University Enterprises Limited is a live company located in coventry, CV1 5FB with a Companies House number of 02409655. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in July 1989, it's largest shareholder is coventry university higher education corporation with a 53.9% stake. Coventry University Enterprises Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.1m with rapid growth in recent years.

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Coventry University Enterprises Limited Health Check

Pomanda's financial health check has awarded Coventry University Enterprises Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £32.1m, make it larger than the average company (£1.8m)

£32.1m - Coventry University Enterprises Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (5.9%)

44% - Coventry University Enterprises Limited

5.9% - Industry AVG

production

Production

with a gross margin of 6%, this company has a higher cost of product (45.2%)

6% - Coventry University Enterprises Limited

45.2% - Industry AVG

profitability

Profitability

an operating margin of 6.5% make it as profitable than the average company (5.9%)

6.5% - Coventry University Enterprises Limited

5.9% - Industry AVG

employees

Employees

with 424 employees, this is above the industry average (17)

424 - Coventry University Enterprises Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.7k, the company has an equivalent pay structure (£49.3k)

£46.7k - Coventry University Enterprises Limited

£49.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75.8k, this is less efficient (£116.9k)

£75.8k - Coventry University Enterprises Limited

£116.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (57 days)

2 days - Coventry University Enterprises Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (32 days)

2 days - Coventry University Enterprises Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (32 days)

1 days - Coventry University Enterprises Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is average cash available to meet short term requirements (28 weeks)

30 weeks - Coventry University Enterprises Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.6%, this is a lower level of debt than the average (52.9%)

18.6% - Coventry University Enterprises Limited

52.9% - Industry AVG

COVENTRY UNIVERSITY ENTERPRISES LIMITED financials

EXPORTms excel logo

Coventry University Enterprises Limited's latest turnover from July 2023 is £32.1 million and the company has net assets of £37.3 million. According to their latest financial statements, Coventry University Enterprises Limited has 424 employees and maintains cash reserves of £4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover32,144,00032,553,00010,694,00010,768,00012,962,00012,866,00018,952,00011,958,00015,148,00013,179,00012,901,00012,785,00012,355,00012,058,00011,236,000
Other Income Or Grants000000000000000
Cost Of Sales30,227,00030,932,00010,568,00010,511,00012,261,00012,808,00013,431,00011,797,00014,383,00013,093,00011,763,00011,738,00011,865,00012,041,00010,354,000
Gross Profit1,917,0001,621,000126,000257,000701,00058,0005,521,000161,000765,00086,0001,138,0001,047,000490,00017,000882,000
Admin Expenses-178,0004,431,0008,338,000953,0004,136,000-212,000122,000330,00047,000307,000337,000181,000336,000277,000385,000
Operating Profit2,095,000-2,810,000-8,212,000-696,000-3,435,000270,0005,399,000-169,000718,000-221,000801,000866,000154,000-260,000497,000
Interest Payable200,000164,0004,0005,0000200,00034,00025,00034,00034,00034,00034,00045,00072,000159,000
Interest Receivable12,0007,0002,00044,000238,00019,0008,000341,0003,0004,00010,00011,00013,000102,00076,000
Pre-Tax Profit1,907,000-2,967,000-8,214,000-657,000-3,197,00089,0005,274,000361,0001,154,000-251,000777,000843,000122,000-230,000414,000
Tax-32,000468,000-322,000-671,000604,000258,000-159,000247,000-282,000-52,000-129,000-405,000-96,00048,000-307,000
Profit After Tax1,875,000-2,499,000-8,536,000-1,328,000-2,593,000347,0005,115,000608,000872,000-303,000648,000438,00026,000-182,000107,000
Dividends Paid000000000000000
Retained Profit1,875,000-2,499,000-8,536,000-1,328,000-2,593,000347,0005,115,000608,000872,000-303,00038,000438,00026,000-182,000107,000
Employee Costs19,816,00020,556,0003,364,0004,012,0003,404,0002,919,0002,385,0001,675,00004,993,5934,931,1344,716,0424,517,7214,535,5250
Number Of Employees4244093266656748431321191201181171190
EBITDA*2,880,000-1,915,000-7,387,00025,000-2,755,0001,160,0006,064,000477,0001,464,0001,189,0002,212,0003,547,0002,817,0002,490,0001,947,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets16,691,00017,293,00018,024,00016,840,00042,159,00043,526,00031,624,00023,204,00022,857,00021,104,00021,955,00022,341,00024,892,00027,226,00028,678,000
Intangible Assets03,00021,00075,00095,00001,00010,00019,000000000
Investments & Other16,458,00015,597,00017,388,00025,423,000496,000493,000700,000113,000113,000113,000186,000169,000138,000123,000101,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets33,149,00032,893,00035,433,00042,338,00042,750,00044,019,00032,325,00023,327,00022,989,00021,217,00022,141,00022,510,00025,030,00027,349,00028,779,000
Stock & work in progress97,000110,000134,000125,000000000033,00030,00028,00025,000
Trade Debtors189,000483,000299,000251,000153,000196,000162,000121,0004,008,0003,121,0003,656,0003,445,0001,803,0001,984,0002,973,000
Group Debtors5,958,0004,329,0001,842,0001,228,0001,904,000708,0001,396,0001,609,000519,000353,000143,000338,000131,000396,00027,000
Misc Debtors2,475,0005,574,0002,599,0001,933,0002,947,0003,471,0004,065,0002,936,000296,000297,000267,000136,00049,000150,000681,000
Cash3,986,0001,803,0002,155,0003,954,0002,809,0002,237,000172,0003,546,0002,001,0001,364,0001,291,000887,0001,970,0001,335,000599,000
misc current assets000000019,0003,0003,0003,0003,0003,0003,000503,000
total current assets12,705,00012,299,0007,029,0007,491,0007,813,0006,612,0005,795,0008,231,0006,827,0005,138,0005,360,0004,842,0003,986,0003,896,0004,808,000
total assets45,854,00045,192,00042,462,00049,829,00050,563,00050,631,00038,120,00031,558,00029,816,00026,355,00027,501,00027,352,00029,016,00031,245,00033,587,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 201,000148,000139,00051,00077,00093,000157,000438,0008,000712,000960,000899,000924,000508,000969,000
Group/Directors Accounts3,851,0002,569,000728,000270,000313,000572,0001,066,0002,601,0002,478,0001,799,0001,975,0001,293,000000
other short term finances00000000750,0000001,000,0001,000,0001,000,000
hp & lease commitments000000000000000
other current liabilities2,820,0001,832,0001,473,0001,494,0001,413,0003,104,0001,743,0002,571,0001,229,000515,000445,000533,0001,044,0001,387,000861,000
total current liabilities6,872,0004,549,0002,340,0001,815,0001,803,0003,769,0002,966,0005,610,0004,465,0003,026,0003,380,0002,725,0002,968,0002,895,0002,830,000
loans0000012,500,000750,000750,0000750,000750,000750,000001,000,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000011,302,0000000
other liabilities000000000000000
provisions1,672,0006,722,0001,569,0002,620,0000183,000630,000922,000443,000000000
total long term liabilities1,672,0006,722,0001,569,0002,620,000131,00012,683,0001,380,0001,672,000443,000750,00012,052,000750,000001,000,000
total liabilities8,544,00011,271,0003,909,0004,435,0001,934,00016,452,0004,346,0007,282,0004,908,0003,776,00015,432,0003,475,0002,968,0002,895,0003,830,000
net assets37,310,00033,921,00038,553,00045,394,00048,629,00034,179,00033,774,00024,276,00024,908,00022,579,00012,069,00023,877,00026,048,00028,350,00029,757,000
total shareholders funds37,310,00033,921,00038,553,00045,394,00048,629,00034,179,00033,774,00024,276,00024,908,00022,579,00012,069,00023,877,00026,048,00028,350,00029,757,000
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit2,095,000-2,810,000-8,212,000-696,000-3,435,000270,0005,399,000-169,000718,000-221,000801,000866,000154,000-260,000497,000
Depreciation782,000877,000771,000670,000643,000889,000656,000637,000746,0001,410,0001,411,0002,681,0002,663,0002,750,0001,450,000
Amortisation3,00018,00054,00051,00037,0001,0009,0009,0000000000
Tax-32,000468,000-322,000-671,000604,000258,000-159,000247,000-282,000-52,000-129,000-405,000-96,00048,000-307,000
Stock-13,000-24,0009,000125,000000000-33,0003,0002,0003,00025,000
Debtors-1,764,0005,646,0001,328,000-1,592,000629,000-1,248,000957,000-157,0001,052,000-295,000147,0001,936,000-547,000-1,151,0003,681,000
Creditors53,0009,00088,000-26,000-16,000-64,000-281,000430,000-704,000-248,00061,000-25,000416,000-461,000969,000
Accruals and Deferred Income988,000359,000-21,00081,000-1,691,0001,361,000-828,0001,342,000714,000-11,232,00011,214,000-511,000-343,000526,000861,000
Deferred Taxes & Provisions-5,050,0005,153,000-1,051,0002,620,000-183,000-447,000-292,000479,000443,000000000
Cash flow from operations616,000-1,548,000-10,030,0003,496,000-4,670,0003,516,0003,547,0003,132,000583,000-10,048,00013,244,000667,0003,339,0003,751,000-236,000
Investing Activities
capital expenditure-180,000-146,000-1,955,00024,618,000592,000-12,791,000-9,076,000-984,000-356,000-569,000-1,039,000-961,000-1,075,000-340,000-875,000
Change in Investments861,000-1,791,000-8,035,00024,927,0003,000-207,000587,00000-73,00017,00031,00015,00022,000101,000
cash flow from investments-1,041,0001,645,0006,080,000-309,000589,000-12,584,000-9,663,000-984,000-356,000-496,000-1,056,000-992,000-1,090,000-362,000-976,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,282,0001,841,000458,000-43,000-259,000-494,000-1,535,000123,000679,000-176,000682,0001,293,000000
Other Short Term Loans 0000000-750,000750,00000-1,000,000001,000,000
Long term loans0000-12,500,00011,750,0000750,000-750,00000750,0000-1,000,0001,000,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue1,514,000-2,133,0001,695,000-1,907,00017,043,00058,0004,383,000-1,240,0001,457,00010,813,000-11,846,000-2,609,000-2,328,000-1,225,00029,650,000
interest-188,000-157,000-2,00039,000238,000-181,000-26,000316,000-31,000-30,000-24,000-23,000-32,00030,000-83,000
cash flow from financing2,608,000-449,0002,151,000-1,911,0004,522,00011,133,0002,822,000-801,0002,105,00010,607,000-11,188,000-1,589,000-2,360,000-2,195,00031,567,000
cash and cash equivalents
cash2,183,000-352,000-1,799,0001,145,000572,0002,065,000-3,374,0001,545,000637,00073,000404,000-1,083,000635,000736,000599,000
overdraft000000000000000
change in cash2,183,000-352,000-1,799,0001,145,000572,0002,065,000-3,374,0001,545,000637,00073,000404,000-1,083,000635,000736,000599,000

coventry university enterprises limited Credit Report and Business Information

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Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Coventry University Enterprises Limited Competitor Analysis

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Perform a competitor analysis for coventry university enterprises limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in CV1 area or any other competitors across 12 key performance metrics.

coventry university enterprises limited Ownership

COVENTRY UNIVERSITY ENTERPRISES LIMITED group structure

Coventry University Enterprises Limited has no subsidiary companies.

Ultimate parent company

COVENTRY UNIVERSITY

#0016082

1 parent

COVENTRY UNIVERSITY ENTERPRISES LIMITED

02409655

COVENTRY UNIVERSITY ENTERPRISES LIMITED Shareholders

coventry university higher education corporation 53.91%
coventry university higher education corp 46.09%

coventry university enterprises limited directors

Coventry University Enterprises Limited currently has 5 directors. The longest serving directors include Professor Ian Marshall (Feb 2020) and Mr Stephen Galliford (Jul 2022).

officercountryagestartendrole
Professor Ian MarshallEngland67 years Feb 2020- Director
Mr Stephen GallifordEngland61 years Jul 2022- Director
Mr Richard DashwoodEngland59 years Aug 2022- Director
Mr Mark CammiesEngland62 years Aug 2022- Director
Mr Clive WintersUnited Kingdom53 years May 2024- Director

P&L

July 2023

turnover

32.1m

-1%

operating profit

2.1m

-175%

gross margin

6%

+19.77%

turnover

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

Balance Sheet

July 2023

net assets

37.3m

+0.1%

total assets

45.9m

+0.01%

cash

4m

+1.21%

net assets

Total assets minus all liabilities

coventry university enterprises limited company details

company number

02409655

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

July 1989

age

36

incorporated

UK

ultimate parent company

COVENTRY UNIVERSITY

accounts

Full Accounts

last accounts submitted

July 2023

previous names

coventry polytechnic enterprises limited (July 1992)

accountant

-

auditor

BDO LLP

address

coventry university, priory street, coventry, CV1 5FB

Bank

BARCLAYS BANK PLC

Legal Advisor

-

coventry university enterprises 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 6 charges/mortgages relating to coventry university enterprises limited. Currently there are 5 open charges and 1 have been satisfied in the past.

coventry university enterprises limited 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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coventry university enterprises limited Companies House Filings - See Documents

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