Pomanda estimates the enterprise value of CIRCLES NETWORK at £1.7m based on a Turnover of £3.1m and 0.53x industry multiple (adjusted for size and gross margin).
circles networkEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of CIRCLES NETWORK at £2.2m based on an EBITDA of £459k and a 4.74x industry multiple (adjusted for size and gross margin).
circles networkEstimated Valuation
£4.5m
Pomanda estimates the enterprise value of CIRCLES NETWORK at £4.5m based on Net Assets of £1.9m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Circles NetworkOverview
Circles Network is a live company located in rugby, CV23 9JP with a Companies House number of 02972700. It operates in the other human health activities sector, SIC Code 86900. Founded in September 1994, it's largest shareholder is
unknown.
Circles Network is a mature,
small sized company, Pomanda has estimated its turnover at
£3.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Circles Network 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 Rating5out of 5
7 Strong
1 Regular
3 Weak
Size
annual sales of £3.1m, make it larger than the average company (£607k)
£3.1m - Circles Network
£607k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.8%)
20% - Circles Network
6.8% - Industry AVG
Production
with a gross margin of 53.1%, this company has a comparable cost of product (53.1%)
53.1% - Circles Network
53.1% - Industry AVG
Profitability
an operating margin of 13.7% make it more profitable than the average company (4.3%)
13.7% - Circles Network
4.3% - Industry AVG
Employees
with 123 employees, this is above the industry average (16)
123 - Circles Network
16 - Industry AVG
Pay Structure
on an average salary of £16.9k, the company has a lower pay structure (£25.8k)
£16.9k - Circles Network
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £25.6k, this is less efficient (£42.7k)
£25.6k - Circles Network
£42.7k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (17 days)
42 days - Circles Network
17 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (12 days)
6 days - Circles Network
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Circles Network
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 447 weeks, this is more cash available to meet short term requirements (182 weeks)
447 weeks - Circles Network
182 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.3%, this is a lower level of debt than the average (17.6%)
7.3% - Circles Network
17.6% - Industry AVG
CIRCLES NETWORK financials
EXPORT
Circles Network's latest turnover from March 2024 is £3.1 million and the company has net assets of £1.9 million. According to their latest financial statements, Circles Network has 123 employees and maintains cash reserves of £1.3 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
3,149,060
2,719,959
2,576,934
1,836,947
1,702,976
1,700,259
1,670,026
1,456,407
1,255,228
1,258,453
1,299,118
1,311,053
1,445,438
1,816,907
1,514,384
Other Income Or Grants
Cost Of Sales
1,478,505
1,286,991
1,151,917
927,158
806,034
793,389
746,261
593,289
740,947
764,198
810,047
787,179
843,745
1,031,007
868,548
Gross Profit
1,670,555
1,432,968
1,425,017
909,789
896,942
906,870
923,765
863,118
514,281
494,255
489,071
523,874
601,693
785,900
645,836
Admin Expenses
1,238,607
1,062,183
929,212
697,267
872,638
797,983
863,296
808,900
458,075
523,509
519,849
621,121
701,529
672,129
713,460
Operating Profit
431,948
370,785
495,805
212,522
24,304
108,887
60,469
54,218
56,206
-29,254
-30,778
-97,247
-99,836
113,771
-67,624
Interest Payable
Interest Receivable
Pre-Tax Profit
370,619
332,135
405,374
172,436
19,906
89,613
49,648
43,673
45,360
-28,641
-29,875
-96,231
-98,303
82,935
-67,175
Tax
Profit After Tax
370,619
332,135
405,374
172,436
19,906
89,613
49,648
43,673
45,360
-28,641
-29,875
-96,231
-98,303
82,935
-67,175
Dividends Paid
Retained Profit
370,619
332,135
405,374
172,436
19,906
89,613
49,648
43,673
45,360
-28,641
-29,875
-96,231
-98,303
82,935
-67,175
Employee Costs
2,076,665
1,814,770
1,642,621
1,296,309
1,248,807
1,200,467
1,220,113
1,089,315
919,557
952,729
942,588
1,018,923
1,077,309
1,164,461
1,083,368
Number Of Employees
123
116
95
97
101
94
97
79
67
61
71
88
88
88
74
EBITDA*
458,958
397,539
519,775
240,931
51,444
132,397
74,936
62,745
65,751
-21,655
-20,436
-85,899
-80,799
135,021
-47,208
* 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
107,705
52,307
58,049
37,230
57,719
50,532
51,390
38,682
20,623
18,571
12,810
16,754
13,758
31,220
39,026
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
5,837
Total Fixed Assets
113,542
52,307
58,049
37,230
57,719
50,532
51,390
38,682
20,623
18,571
12,810
16,754
13,758
31,220
39,026
Stock & work in progress
Trade Debtors
366,563
286,714
389,632
205,940
138,017
74,318
135,559
70,561
90,150
79,190
65,183
32,605
102,920
58,111
47,369
Group Debtors
Misc Debtors
23,871
13,826
12,630
17,939
48,158
54,555
50,860
62,653
35,525
61,248
35,894
41,787
15,306
14,757
70,233
Cash
1,282,187
1,087,740
759,702
482,084
241,093
300,697
164,866
164,905
133,739
64,033
181,012
180,310
226,250
386,987
179,794
misc current assets
265,976
247,847
260,118
260,202
232,938
236,748
233,076
218,189
217,616
201,901
254,397
238,570
220,627
214,006
total current assets
1,938,597
1,636,127
1,422,082
966,165
660,206
669,751
588,033
531,195
477,603
422,087
483,990
509,099
583,046
680,482
511,402
total assets
2,052,139
1,688,434
1,480,131
1,003,395
717,925
720,283
639,423
569,877
498,226
440,658
496,800
525,853
596,804
711,702
550,428
Bank overdraft
Bank loan
Trade Creditors
24,716
7,674
34,759
33,933
9,510
13,118
6,067
16,701
6,376
23,815
46,596
10,607
21,439
17,438
23,357
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
124,201
148,157
244,904
176,227
101,568
112,920
132,129
101,597
97,293
65,768
83,323
112,556
90,409
115,069
26,438
total current liabilities
148,917
155,831
279,663
210,160
111,078
126,038
138,196
118,298
103,669
89,583
129,919
123,163
111,848
132,507
49,795
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
148,917
155,831
279,663
210,160
111,078
126,038
138,196
118,298
103,669
89,583
129,919
123,163
111,848
132,507
49,795
net assets
1,903,222
1,532,603
1,200,468
793,235
606,847
594,245
501,227
451,579
394,557
351,075
366,881
402,690
484,956
579,195
500,633
total shareholders funds
1,903,222
1,532,603
1,200,468
793,235
606,847
594,245
501,227
451,579
394,557
351,075
366,881
402,690
484,956
579,195
500,633
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
431,948
370,785
495,805
212,522
24,304
108,887
60,469
54,218
56,206
-29,254
-30,778
-97,247
-99,836
113,771
-67,624
Depreciation
27,010
26,754
23,970
28,409
27,140
23,510
14,467
8,527
9,545
7,599
10,342
11,348
19,037
21,250
20,416
Amortisation
Tax
Stock
Debtors
95,731
-101,722
178,383
37,704
57,302
-57,546
53,205
7,539
-14,763
39,361
26,685
-43,834
45,358
-44,734
117,602
Creditors
17,042
-27,085
826
24,423
-3,608
7,051
-10,634
10,325
-17,439
-22,781
35,989
-10,832
4,001
-5,919
23,357
Accruals and Deferred Income
-23,956
-96,747
68,677
74,659
-11,352
-19,209
30,532
4,304
31,525
-17,555
-29,233
22,147
-24,660
88,631
26,438
Deferred Taxes & Provisions
Cash flow from operations
356,313
375,429
410,895
302,309
-20,818
177,785
41,629
69,835
94,600
-101,352
-40,365
-30,750
-146,816
262,467
-115,015
Investing Activities
capital expenditure
-27,175
-28,053
-11,597
-13,360
-6,398
-14,344
-1,575
-13,444
-59,442
Change in Investments
cash flow from investments
-27,175
-28,053
-11,597
-13,360
-6,398
-14,344
-1,575
-13,444
-59,442
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,859
13,952
-7,304
3,405
13,349
-1,878
12,835
-5,934
13,965
4,064
-4,373
567,808
interest
cash flow from financing
1,859
13,952
-7,304
3,405
13,349
-1,878
12,835
-5,934
13,965
4,064
-4,373
567,808
cash and cash equivalents
cash
194,447
328,038
277,618
240,991
-59,604
135,831
-39
31,166
69,706
-116,979
702
-45,940
-160,737
207,193
179,794
overdraft
change in cash
194,447
328,038
277,618
240,991
-59,604
135,831
-39
31,166
69,706
-116,979
702
-45,940
-160,737
207,193
179,794
circles network Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for circles network. Get real-time insights into circles network's credit score, group structure and payment trends.
Perform a competitor analysis for circles network by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in CV23 area or any other competitors across 12 key performance metrics.
circles network Ownership
CIRCLES NETWORK group structure
Circles Network has no subsidiary companies.
Ultimate parent company
CIRCLES NETWORK
02972700
CIRCLES NETWORK Shareholders
The sole shareholder of Circles Network is -.
-
-
circles network directors
Circles Network currently has 7 directors.
The longest serving directors include
Mr Andrew Cater (Oct 1999) and
Mr James Inglis (Sep 2005).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
86900 - Other human health activities
incorporation date
September 1994
age
31
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
FRUITION ADVISORY LLP
address
the penthouse coventry road, cawston, rugby, warwickshire, CV23 9JP
Bank
CO-OPERATIVE BANK PLC
Legal Advisor
-
circles network 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 did not find charges/mortgages relating to circles network.
circles network 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 CIRCLES NETWORK. This can take several minutes, an email will notify you when this has completed.
circles networkCompanies House Filings - See Documents
