colas limited
colas limited Company Information
Company Number
02644726
Next Accounts
Sep 2025
Shareholders
colas sa
Group Structure
View All
Industry
Construction of roads and motorways
Registered Address
6210 bishops court, birmingham business park, birmingham, B37 7YB
Website
www.colas.co.ukcolas limited Estimated Valuation
Pomanda estimates the enterprise value of COLAS LIMITED at £91.8m based on a Turnover of £267.6m and 0.34x industry multiple (adjusted for size and gross margin).
colas limited Estimated Valuation
Pomanda estimates the enterprise value of COLAS LIMITED at £0 based on an EBITDA of £-9.4m and a 5.38x industry multiple (adjusted for size and gross margin).
colas limited Estimated Valuation
Pomanda estimates the enterprise value of COLAS LIMITED at £42.3m based on Net Assets of £22.3m and 1.9x industry multiple (adjusted for liquidity).
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Colas Limited Overview
Colas Limited is a live company located in birmingham, B37 7YB with a Companies House number of 02644726. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in September 1991, it's largest shareholder is colas sa with a 100% stake. Colas Limited is a mature, mega sized company, Pomanda has estimated its turnover at £267.6m with healthy growth in recent years.
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Colas Limited Health Check
Pomanda's financial health check has awarded Colas Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £267.6m, make it larger than the average company (£17.9m)
£267.6m - Colas Limited
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.5%)
5% - Colas Limited
7.5% - Industry AVG
Production
with a gross margin of 5.7%, this company has a higher cost of product (18.3%)
5.7% - Colas Limited
18.3% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (4.7%)
-5.2% - Colas Limited
4.7% - Industry AVG
Employees
with 1409 employees, this is above the industry average (60)
1409 - Colas Limited
60 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.5k)
£53.1k - Colas Limited
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £189.9k, this is less efficient (£250.4k)
£189.9k - Colas Limited
£250.4k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (44 days)
72 days - Colas Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (35 days)
23 days - Colas Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is more than average (5 days)
9 days - Colas Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (27 weeks)
3 weeks - Colas Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.6%, this is a higher level of debt than the average (65%)
85.6% - Colas Limited
65% - Industry AVG
COLAS LIMITED financials
Colas Limited's latest turnover from December 2023 is £267.6 million and the company has net assets of £22.3 million. According to their latest financial statements, Colas Limited has 1,409 employees and maintains cash reserves of £5.7 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 | 267,604,000 | 244,245,000 | 212,337,000 | 229,799,000 | 261,997,000 | 271,871,000 | 239,914,000 | 221,447,000 | 256,678,000 | 285,723,000 | 279,594,000 | 256,653,000 | 242,634,079 | 262,372,133 | 252,233,141 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 252,414,000 | 219,770,000 | 175,131,000 | 196,844,000 | 226,582,000 | 232,700,000 | 197,946,000 | 180,908,000 | 209,508,000 | 242,152,000 | 236,015,000 | 216,458,000 | 204,610,849 | 219,955,810 | 210,859,991 |
| Gross Profit | 15,190,000 | 24,475,000 | 37,206,000 | 32,955,000 | 35,415,000 | 39,171,000 | 41,968,000 | 40,539,000 | 47,170,000 | 43,571,000 | 43,579,000 | 40,195,000 | 38,023,230 | 42,416,323 | 41,373,150 |
| Admin Expenses | 29,187,000 | 28,482,000 | 31,178,000 | 36,663,000 | 38,588,000 | 39,616,000 | 38,249,000 | 38,016,000 | 42,721,000 | 35,578,000 | 32,479,000 | 33,580,000 | 36,931,360 | 37,546,555 | 33,813,906 |
| Operating Profit | -13,997,000 | -4,007,000 | 6,028,000 | -3,708,000 | -3,173,000 | -445,000 | 3,719,000 | 2,523,000 | 4,449,000 | 7,993,000 | 11,100,000 | 6,615,000 | 1,091,870 | 4,869,768 | 7,559,244 |
| Interest Payable | 3,355,000 | 1,089,000 | 301,000 | 497,000 | 653,000 | 442,000 | 179,000 | 63,000 | 47,000 | 2,042,000 | 2,212,000 | 2,368,000 | 5,493,892 | 2,574,833 | 1,816,767 |
| Interest Receivable | 700,000 | 276,000 | 203,000 | 311,000 | 867,000 | 313,000 | 143,000 | 322,000 | 327,000 | 382,000 | 426,000 | 464,000 | 3,074,468 | 708,183 | 493,426 |
| Pre-Tax Profit | -15,302,000 | -2,245,000 | 7,930,000 | -2,774,000 | -1,031,000 | 6,985,000 | 6,919,000 | 9,034,000 | 5,979,000 | 9,770,000 | 9,271,000 | 4,489,000 | 2,621,566 | 5,339,366 | 6,757,841 |
| Tax | 1,942,000 | 999,000 | -975,000 | 803,000 | -195,000 | -600,000 | 420,000 | -172,000 | -242,000 | -1,766,000 | -2,567,000 | -1,728,000 | -1,374,573 | -1,790,696 | -2,409,370 |
| Profit After Tax | -13,360,000 | -1,246,000 | 6,955,000 | -1,971,000 | -1,226,000 | 6,385,000 | 7,339,000 | 8,862,000 | 5,737,000 | 8,004,000 | 6,704,000 | 2,761,000 | 1,246,993 | 3,548,670 | 4,348,471 |
| Dividends Paid | 6,095,000 | 530,000 | 1,855,000 | 4,717,000 | 4,108,000 | 9,196,000 | 5,300,000 | 4,240,000 | 2,120,000 | 500,000 | 1,602,000 | ||||
| Retained Profit | -13,360,000 | -7,341,000 | 6,955,000 | -2,501,000 | -3,081,000 | 1,668,000 | 3,231,000 | -334,000 | 437,000 | 3,764,000 | 4,584,000 | 2,261,000 | 1,246,993 | 1,946,670 | 4,348,471 |
| Employee Costs | 74,811,000 | 63,259,000 | 52,534,000 | 60,908,000 | 62,698,000 | 70,881,000 | 69,057,000 | 76,994,000 | 76,627,000 | 71,905,000 | 69,475,000 | 70,143,000 | 72,757,467 | 82,411,860 | 50,098,974 |
| Number Of Employees | 1,409 | 1,247 | 968 | 1,098 | 1,218 | 1,268 | 1,102 | 1,296 | 1,359 | 1,290 | 1,252 | 1,379 | 1,433 | 1,825 | 1,401 |
| EBITDA* | -9,383,000 | 395,000 | 10,858,000 | 2,803,000 | 3,168,000 | 5,038,000 | 9,219,000 | 6,245,000 | 8,641,000 | 12,375,000 | 15,552,000 | 11,159,000 | 5,328,548 | 9,152,840 | 12,510,373 |
* 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 | 19,084,000 | 20,803,000 | 26,740,000 | 29,184,000 | 29,313,000 | 30,812,000 | 34,147,000 | 38,346,000 | 33,452,000 | 32,165,000 | 27,964,000 | 30,490,000 | 32,065,714 | 33,025,117 | 31,310,544 |
| Intangible Assets | 12,766,000 | 4,301,000 | 649,000 | 988,000 | 1,327,000 | 1,665,530 | 2,004,290 | 2,343,050 | |||||||
| Investments & Other | 20,927,000 | 26,824,000 | 27,440,000 | 20,348,000 | 18,892,000 | 23,166,000 | 16,094,000 | 1,343,000 | 1,343,000 | 3,609,000 | 3,373,000 | 3,459,000 | 3,684,994 | 2,485,445 | 2,330,545 |
| Debtors (Due After 1 year) | 550,000 | 790,000 | 1,030,000 | 1,270,000 | 1,510,000 | 1,750,000 | 2,030,000 | 2,450,000 | 2,590,000 | 2,870,000 | 3,150,000 | 5,470,000 | 5,710,000 | ||
| Total Fixed Assets | 52,777,000 | 51,928,000 | 54,730,000 | 50,322,000 | 49,235,000 | 55,248,000 | 51,751,000 | 41,439,000 | 36,825,000 | 38,873,000 | 34,915,000 | 38,146,000 | 40,566,238 | 42,984,852 | 41,694,139 |
| Stock & work in progress | 6,382,000 | 6,458,000 | 9,280,000 | 5,298,000 | 5,143,000 | 5,864,000 | 5,681,000 | 5,847,000 | 4,810,000 | 5,813,000 | 6,669,000 | 6,177,000 | 6,365,744 | 5,459,690 | 5,667,106 |
| Trade Debtors | 53,157,000 | 49,711,000 | 28,080,000 | 32,486,000 | 44,375,000 | 46,430,000 | 45,662,000 | 36,812,000 | 35,680,000 | 40,457,000 | 39,842,000 | 39,799,000 | 33,862,473 | 27,479,471 | 56,868,375 |
| Group Debtors | 25,759,000 | 26,223,000 | 30,911,000 | 23,993,000 | 22,001,000 | 26,454,000 | 16,083,000 | 17,886,000 | 13,205,000 | 24,949,000 | 9,255,000 | 9,469,000 | 9,114,726 | 13,313,515 | |
| Misc Debtors | 10,379,000 | 8,253,000 | 6,104,000 | 9,933,000 | 8,132,000 | 5,398,000 | 8,046,000 | 6,345,000 | 7,159,000 | 7,503,000 | 10,793,000 | 3,735,000 | 4,011,148 | 4,286,120 | |
| Cash | 5,717,000 | 9,189,000 | 12,850,000 | 13,939,000 | 20,598,000 | 7,181,000 | 8,796,000 | 12,257,000 | 28,995,000 | 20,090,000 | 32,427,000 | 17,329,000 | 14,915,203 | 16,459,340 | 19,591,314 |
| misc current assets | |||||||||||||||
| total current assets | 101,394,000 | 99,834,000 | 87,225,000 | 85,649,000 | 100,249,000 | 91,327,000 | 84,268,000 | 79,147,000 | 89,849,000 | 98,812,000 | 98,986,000 | 76,509,000 | 68,269,294 | 66,998,136 | 82,126,795 |
| total assets | 154,171,000 | 151,762,000 | 141,955,000 | 135,971,000 | 149,484,000 | 146,575,000 | 136,019,000 | 120,586,000 | 126,674,000 | 137,685,000 | 133,901,000 | 114,655,000 | 108,835,532 | 109,982,988 | 123,820,934 |
| Bank overdraft | 19,998,000 | 10,000,000 | 4,396,000 | 3,300,000 | 3,300,000 | 1,236,000 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 16,398,000 | 7,552,000 | 16,921,000 | 20,284,000 | 24,793,000 | 20,828,000 | 18,815,000 | 18,446,000 | 14,385,000 | 21,416,000 | 14,464,000 | 11,523,000 | 12,422,061 | 13,769,063 | 19,214,237 |
| Group/Directors Accounts | 16,512,000 | 18,106,000 | 3,632,000 | 1,225,000 | 11,894,000 | 2,345,000 | 14,350,000 | 4,004,000 | 6,876,000 | 3,869,000 | 1,471,000 | 1,080,000 | 1,266,581 | 2,423,233 | 5,980,720 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 2,459,000 | 1,148,000 | 979,000 | 739,000 | 582,000 | ||||||||||
| other current liabilities | 29,871,000 | 36,192,000 | 45,302,000 | 56,778,000 | 51,660,000 | 53,082,000 | 53,297,000 | 55,869,000 | 60,857,000 | 58,345,000 | 66,030,000 | 53,267,000 | 50,410,453 | 47,100,680 | 56,967,017 |
| total current liabilities | 85,238,000 | 72,998,000 | 66,834,000 | 83,422,000 | 92,229,000 | 79,555,000 | 87,698,000 | 78,319,000 | 82,118,000 | 83,630,000 | 81,965,000 | 65,870,000 | 64,099,095 | 63,292,976 | 82,161,974 |
| loans | 31,000,000 | 4,400,000 | 1,000,000 | ||||||||||||
| hp & lease commitments | 29,598,000 | 14,696,000 | 4,024,000 | 1,509,000 | |||||||||||
| Accruals and Deferred Income | 12,812,000 | 168,000 | 224,000 | 280,000 | 559,239 | ||||||||||
| other liabilities | 10,773,000 | ||||||||||||||
| provisions | 4,897,000 | 10,987,000 | 14,665,000 | 15,424,000 | 14,573,000 | 9,709,000 | 12,294,000 | 10,484,000 | 10,901,000 | 13,119,000 | 13,045,000 | 12,613,000 | 9,747,210 | 11,207,676 | 5,630,827 |
| total long term liabilities | 46,670,000 | 40,585,000 | 29,361,000 | 19,448,000 | 20,482,000 | 22,521,000 | 12,462,000 | 12,023,000 | 12,575,000 | 14,724,000 | 16,519,000 | 14,145,000 | 13,474,272 | 20,852,912 | 17,230,581 |
| total liabilities | 131,908,000 | 113,583,000 | 96,195,000 | 102,870,000 | 112,711,000 | 102,076,000 | 100,160,000 | 90,342,000 | 94,693,000 | 98,354,000 | 98,484,000 | 80,015,000 | 77,573,367 | 84,145,888 | 99,392,555 |
| net assets | 22,263,000 | 38,179,000 | 45,760,000 | 33,101,000 | 36,773,000 | 44,499,000 | 35,859,000 | 30,244,000 | 31,981,000 | 39,331,000 | 35,417,000 | 34,640,000 | 31,262,165 | 25,837,100 | 24,428,379 |
| total shareholders funds | 22,263,000 | 38,179,000 | 45,760,000 | 33,101,000 | 36,773,000 | 44,499,000 | 35,859,000 | 30,244,000 | 31,981,000 | 39,331,000 | 35,417,000 | 34,640,000 | 31,262,165 | 25,837,100 | 24,428,379 |
| 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 | -13,997,000 | -4,007,000 | 6,028,000 | -3,708,000 | -3,173,000 | -445,000 | 3,719,000 | 2,523,000 | 4,449,000 | 7,993,000 | 11,100,000 | 6,615,000 | 1,091,870 | 4,869,768 | 7,559,244 |
| Depreciation | 2,378,000 | 3,243,000 | 4,830,000 | 6,511,000 | 6,341,000 | 5,483,000 | 5,500,000 | 3,722,000 | 4,192,000 | 4,043,000 | 4,113,000 | 4,205,000 | 3,897,918 | 3,944,312 | 4,612,369 |
| Amortisation | 2,236,000 | 1,159,000 | 339,000 | 339,000 | 339,000 | 338,760 | 338,760 | 338,760 | |||||||
| Tax | 1,942,000 | 999,000 | -975,000 | 803,000 | -195,000 | -600,000 | 420,000 | -172,000 | -242,000 | -1,766,000 | -2,567,000 | -1,728,000 | -1,374,573 | -1,790,696 | -2,409,370 |
| Stock | -76,000 | -2,822,000 | 3,982,000 | 155,000 | -721,000 | 183,000 | -166,000 | 1,037,000 | -1,003,000 | -856,000 | 492,000 | -188,744 | 906,054 | -207,416 | 5,667,106 |
| Debtors | 5,108,000 | 18,542,000 | -1,557,000 | -8,336,000 | -4,014,000 | 8,251,000 | 8,508,000 | 4,719,000 | -17,285,000 | 12,879,000 | 6,607,000 | 5,734,653 | -410,759 | -12,029,269 | 62,578,375 |
| Creditors | 8,846,000 | -9,369,000 | -3,363,000 | -4,509,000 | 3,965,000 | 2,013,000 | 369,000 | 4,061,000 | -7,031,000 | 6,952,000 | 2,941,000 | -899,061 | -1,347,002 | -5,445,174 | 19,214,237 |
| Accruals and Deferred Income | -6,321,000 | -9,110,000 | -11,476,000 | 5,118,000 | -14,234,000 | 12,429,000 | -2,628,000 | -5,044,000 | 2,792,000 | -7,685,000 | 12,763,000 | 2,856,547 | 2,750,534 | -9,307,098 | 56,967,017 |
| Deferred Taxes & Provisions | -6,090,000 | -3,678,000 | -759,000 | 851,000 | 4,864,000 | -2,585,000 | 1,810,000 | -417,000 | -2,218,000 | 74,000 | 432,000 | 2,865,790 | -1,460,466 | 5,576,849 | 5,630,827 |
| Cash flow from operations | -16,038,000 | -36,483,000 | -8,140,000 | 13,247,000 | 2,303,000 | 7,861,000 | 848,000 | -1,083,000 | 20,230,000 | -2,073,000 | 22,022,000 | 8,708,367 | 3,401,746 | 10,423,406 | 23,667,603 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -5,897,000 | -616,000 | 7,092,000 | 1,456,000 | -4,274,000 | 7,072,000 | 14,751,000 | -2,266,000 | 236,000 | -86,000 | -225,994 | 1,199,549 | 154,900 | 2,330,545 | |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,594,000 | 14,474,000 | 2,407,000 | -10,669,000 | 9,549,000 | -12,005,000 | 10,346,000 | -2,872,000 | 3,007,000 | 2,398,000 | 391,000 | -186,581 | -1,156,652 | -3,557,487 | 5,980,720 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | 31,000,000 | -4,400,000 | 4,400,000 | -1,000,000 | 1,000,000 | ||||||||||
| Hire Purchase and Lease Commitments | -28,287,000 | 15,071,000 | 10,912,000 | 2,672,000 | 2,091,000 | ||||||||||
| other long term liabilities | 10,773,000 | ||||||||||||||
| share issue | |||||||||||||||
| interest | -2,655,000 | -813,000 | -98,000 | -186,000 | 214,000 | -129,000 | -36,000 | 259,000 | 280,000 | -1,660,000 | -1,786,000 | -1,904,000 | -2,419,424 | -1,866,650 | -1,323,341 |
| cash flow from financing | 6,681,000 | 28,492,000 | 18,925,000 | -13,754,000 | 11,609,000 | -5,162,000 | 12,694,000 | -4,016,000 | -4,500,000 | 888,000 | -5,202,000 | -973,746 | -398,004 | -4,962,086 | 24,737,287 |
| cash and cash equivalents | |||||||||||||||
| cash | -3,472,000 | -3,661,000 | -1,089,000 | -6,659,000 | 13,417,000 | -1,615,000 | -3,461,000 | -16,738,000 | 8,905,000 | -12,337,000 | 15,098,000 | 2,413,797 | -1,544,137 | -3,131,974 | 19,591,314 |
| overdraft | 9,998,000 | 10,000,000 | -4,396,000 | 1,096,000 | 2,064,000 | 1,236,000 | |||||||||
| change in cash | -13,470,000 | -13,661,000 | 3,307,000 | -7,755,000 | 13,417,000 | -3,679,000 | -4,697,000 | -16,738,000 | 8,905,000 | -12,337,000 | 15,098,000 | 2,413,797 | -1,544,137 | -3,131,974 | 19,591,314 |
colas limited Credit Report and Business Information
Colas Limited Competitor Analysis
Perform a competitor analysis for colas limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in B37 area or any other competitors across 12 key performance metrics.
colas limited Ownership
COLAS LIMITED group structure
Colas Limited has 18 subsidiary companies.
Ultimate parent company
COLAS LIMITED
02644726
18 subsidiaries
colas limited directors
Colas Limited currently has 3 directors. The longest serving directors include Mr Faical Lahmamsi (Mar 2019) and Mr Geoffroy-Romain Renaud (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Faical Lahmamsi | United Kingdom | 51 years | Mar 2019 | - | Director |
| Mr Geoffroy-Romain Renaud | England | 58 years | Feb 2021 | - | Director |
| Mr Francis Grass | 54 years | Feb 2024 | - | Director |
P&L
December 2023turnover
267.6m
+10%
operating profit
-14m
+249%
gross margin
5.7%
-43.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.3m
-0.42%
total assets
154.2m
+0.02%
cash
5.7m
-0.38%
net assets
Total assets minus all liabilities
colas limited company details
company number
02644726
Type
Private limited with Share Capital
industry
42110 - Construction of roads and motorways
incorporation date
September 1991
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
mawlaw 127 limited (November 1991)
accountant
-
auditor
FORVIS MAZARS LLP
address
6210 bishops court, birmingham business park, birmingham, B37 7YB
Bank
BARCLAYS BANK PLC
Legal Advisor
THOMSON SNELL & PASSMORE
colas 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 2 charges/mortgages relating to colas limited. Currently there are 0 open charges and 2 have been satisfied in the past.
colas 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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colas limited Companies House Filings - See Documents
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