Pomanda estimates the enterprise value of CLARANET LIMITED at £177.9m based on a Turnover of £113.1m and 1.57x industry multiple (adjusted for size and gross margin).
claranet limitedEstimated Valuation
£81.4m
Pomanda estimates the enterprise value of CLARANET LIMITED at £81.4m based on an EBITDA of £7.6m and a 10.71x industry multiple (adjusted for size and gross margin).
claranet limitedEstimated Valuation
£123.5m
Pomanda estimates the enterprise value of CLARANET LIMITED at £123.5m based on Net Assets of £54.9m and 2.25x industry multiple (adjusted for liquidity).
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Claranet LimitedOverview
Claranet Limited is a live company located in london, WC1V 6JS with a Companies House number of 03152737. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 1996, it's largest shareholder is
claranet group ltd
with a 100% stake. Claranet Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£113.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Claranet Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £113.1m, make it larger than the average company (£6.7m)
£113.1m - Claranet Limited
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.7%)
-1% - Claranet Limited
6.7% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (50.7%)
49% - Claranet Limited
50.7% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (3.4%)
-3.3% - Claranet Limited
3.4% - Industry AVG
Employees
with 585 employees, this is above the industry average (42)
585 - Claranet Limited
42 - Industry AVG
Pay Structure
on an average salary of £67k, the company has an equivalent pay structure (£71.1k)
£67k - Claranet Limited
£71.1k - Industry AVG
Efficiency
resulting in sales per employee of £193.3k, this is equally as efficient (£173.1k)
£193.3k - Claranet Limited
£173.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (54 days)
25 days - Claranet Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (36 days)
61 days - Claranet Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Claranet Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - Claranet Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.2%, this is a similar level of debt than the average (63.4%)
65.2% - Claranet Limited
63.4% - Industry AVG
CLARANET LIMITED financials
EXPORT
Claranet Limited's latest turnover from June 2023 is £113.1 million and the company has net assets of £54.9 million. According to their latest financial statements, Claranet Limited has 585 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
113,100,000
116,200,000
121,800,000
115,500,000
116,500,000
113,800,000
101,200,000
94,200,000
88,100,000
37,321,000
36,351,000
36,804,000
36,946,000
38,306,000
Other Income Or Grants
Cost Of Sales
57,700,000
58,900,000
62,500,000
57,400,000
57,700,000
54,900,000
46,400,000
42,500,000
40,800,000
18,141,000
18,065,000
19,194,000
18,862,000
19,875,000
Gross Profit
55,400,000
57,300,000
59,300,000
58,100,000
58,800,000
58,900,000
54,800,000
51,700,000
47,300,000
19,180,000
18,286,000
17,610,000
18,084,000
18,431,000
Admin Expenses
59,100,000
60,200,000
51,600,000
52,200,000
52,500,000
47,500,000
46,800,000
42,200,000
36,400,000
18,314,000
17,801,000
16,467,000
15,954,000
17,497,000
Operating Profit
-3,700,000
-2,900,000
7,700,000
5,900,000
6,300,000
11,400,000
8,000,000
9,500,000
10,900,000
866,000
485,000
1,143,000
2,130,000
934,000
Interest Payable
700,000
700,000
1,000,000
1,000,000
900,000
1,800,000
1,000,000
900,000
1,100,000
664,000
444,000
162,000
202,000
245,000
Interest Receivable
6,000,000
600,000
788,000
655,000
48,000
Pre-Tax Profit
1,600,000
-3,600,000
6,700,000
5,500,000
5,400,000
9,600,000
7,000,000
8,600,000
10,400,000
990,000
465,000
981,000
1,928,000
737,000
Tax
600,000
300,000
-600,000
-200,000
-300,000
400,000
100,000
400,000
-817,000
-32,000
-537,000
-377,000
93,000
Profit After Tax
2,200,000
-3,300,000
6,100,000
5,500,000
5,200,000
9,300,000
7,400,000
8,700,000
10,800,000
173,000
433,000
444,000
1,551,000
830,000
Dividends Paid
Retained Profit
2,200,000
-3,300,000
6,100,000
5,500,000
5,200,000
9,300,000
7,400,000
8,700,000
10,800,000
173,000
433,000
444,000
1,551,000
830,000
Employee Costs
39,200,000
31,400,000
27,900,000
28,700,000
30,100,000
27,500,000
25,400,000
22,900,000
18,300,000
10,591,000
10,906,000
10,757,000
10,350,000
10,496,000
Number Of Employees
585
569
502
506
523
499
459
440
385
198
223
228
218
227
EBITDA*
7,600,000
10,300,000
22,400,000
21,400,000
18,000,000
23,200,000
18,900,000
18,900,000
19,500,000
3,147,000
2,933,000
3,530,000
4,594,000
3,868,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
78,200,000
17,100,000
22,000,000
20,900,000
13,600,000
15,000,000
20,600,000
18,800,000
19,100,000
54,844,000
125,397,000
22,122,000
20,779,000
20,019,000
Intangible Assets
53,400,000
81,000,000
85,500,000
87,200,000
89,600,000
92,300,000
89,500,000
71,200,000
60,600,000
12,343,000
12,231,000
12,008,000
11,297,000
11,297,000
Investments & Other
41,800,000
28,007,000
28,007,000
Debtors (Due After 1 year)
28,700,000
2,100,000
5,100,000
2,200,000
2,900,000
1,800,000
5,000,000
4,500,000
3,300,000
20,736,000
92,293,000
16,355,000
14,028,000
12,411,000
Total Fixed Assets
129,700,000
98,100,000
105,900,000
108,100,000
103,200,000
107,300,000
110,100,000
90,000,000
79,700,000
67,187,000
137,628,000
34,130,000
32,076,000
31,316,000
Stock & work in progress
Trade Debtors
7,800,000
28,000,000
24,200,000
10,800,000
10,200,000
9,200,000
7,300,000
6,500,000
6,600,000
3,932,000
3,106,000
3,382,000
3,489,000
3,531,000
Group Debtors
10,300,000
312,000
Misc Debtors
8,400,000
14,500,000
11,800,000
6,900,000
5,900,000
3,800,000
2,800,000
1,693,000
1,659,000
1,511,000
1,542,000
1,692,000
Cash
1,500,000
5,300,000
1,700,000
6,900,000
4,800,000
5,700,000
6,200,000
6,300,000
1,358,000
1,707,000
2,172,000
654,000
81,000
misc current assets
total current assets
28,000,000
28,000,000
29,500,000
27,000,000
28,900,000
20,900,000
18,900,000
16,500,000
15,700,000
7,295,000
6,472,000
7,065,000
5,685,000
5,304,000
total assets
157,700,000
126,100,000
135,400,000
135,100,000
132,100,000
128,200,000
129,000,000
106,500,000
95,400,000
74,482,000
144,100,000
41,195,000
37,761,000
36,620,000
Bank overdraft
382,000
Bank loan
Trade Creditors
9,700,000
22,000,000
24,400,000
9,400,000
9,700,000
11,800,000
6,300,000
6,800,000
6,100,000
3,513,000
3,006,000
5,176,000
4,587,000
5,351,000
Group/Directors Accounts
other short term finances
5,400,000
5,900,000
8,500,000
1,200,000
700,000
2,600,000
hp & lease commitments
7,400,000
4,200,000
4,300,000
5,600,000
5,300,000
4,700,000
1,452,000
1,388,000
1,585,000
1,768,000
1,985,000
other current liabilities
17,900,000
7,200,000
6,600,000
13,700,000
11,900,000
8,400,000
12,400,000
9,300,000
7,300,000
9,984,000
4,336,000
2,790,000
1,995,000
1,934,000
total current liabilities
33,000,000
35,100,000
39,500,000
31,700,000
26,500,000
27,100,000
24,300,000
21,400,000
18,100,000
14,949,000
8,730,000
9,551,000
8,350,000
9,652,000
loans
10,600,000
11,200,000
14,200,000
25,900,000
27,700,000
26,800,000
9,600,000
8,800,000
9,200,000
2,424,000
2,012,000
2,844,000
2,146,000
hp & lease commitments
10,000,000
3,800,000
3,000,000
4,800,000
4,400,000
4,600,000
1,212,000
1,006,000
1,422,000
1,073,000
Accruals and Deferred Income
1,100,000
2,200,000
1,200,000
7,000,000
7,500,000
6,500,000
6,300,000
5,900,000
6,000,000
5,348,000
other liabilities
62,800,000
31,300,000
22,200,000
22,700,000
37,795,000
109,470,000
5,339,000
3,405,000
3,819,000
provisions
1,200,000
3,000,000
5,200,000
5,800,000
6,200,000
7,000,000
8,600,000
6,000,000
6,200,000
460,000
9,542,000
10,386,000
11,162,000
total long term liabilities
69,800,000
9,300,000
10,900,000
24,500,000
32,200,000
33,800,000
46,700,000
35,500,000
36,400,000
39,237,000
115,247,000
11,954,000
10,059,000
9,167,000
total liabilities
102,800,000
44,400,000
50,400,000
56,200,000
58,700,000
60,900,000
71,000,000
56,900,000
54,500,000
54,186,000
123,977,000
21,505,000
18,409,000
18,819,000
net assets
54,900,000
81,700,000
85,000,000
78,900,000
73,400,000
67,300,000
58,000,000
49,600,000
40,900,000
20,296,000
20,123,000
19,690,000
19,352,000
17,801,000
total shareholders funds
54,900,000
81,700,000
85,000,000
78,900,000
73,400,000
67,300,000
58,000,000
49,600,000
40,900,000
20,296,000
20,123,000
19,690,000
19,352,000
17,801,000
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-3,700,000
-2,900,000
7,700,000
5,900,000
6,300,000
11,400,000
8,000,000
9,500,000
10,900,000
866,000
485,000
1,143,000
2,130,000
934,000
Depreciation
7,500,000
8,700,000
9,600,000
10,200,000
6,500,000
7,000,000
7,500,000
6,900,000
6,600,000
1,857,000
2,154,000
2,342,000
2,464,000
2,934,000
Amortisation
3,800,000
4,500,000
5,100,000
5,300,000
5,200,000
4,800,000
3,400,000
2,500,000
2,000,000
424,000
294,000
45,000
Tax
600,000
300,000
-600,000
-200,000
-300,000
400,000
100,000
400,000
-817,000
-32,000
-537,000
-377,000
93,000
Stock
Debtors
25,100,000
800,000
1,800,000
2,600,000
7,000,000
-300,000
3,400,000
2,100,000
-13,973,000
-70,385,000
75,810,000
2,189,000
1,425,000
17,634,000
Creditors
-12,300,000
-2,400,000
15,000,000
-300,000
-2,100,000
5,500,000
-500,000
700,000
2,587,000
507,000
-2,170,000
589,000
-764,000
5,351,000
Accruals and Deferred Income
9,600,000
1,600,000
-12,900,000
1,300,000
4,500,000
-3,800,000
3,500,000
1,900,000
3,316,000
5,648,000
1,546,000
795,000
-5,287,000
7,282,000
Deferred Taxes & Provisions
-1,800,000
-2,200,000
-600,000
-400,000
-800,000
-1,600,000
2,600,000
-200,000
5,740,000
-9,082,000
-844,000
-776,000
11,162,000
Cash flow from operations
-21,400,000
6,800,000
21,500,000
19,400,000
12,400,000
23,300,000
21,500,000
19,300,000
45,516,000
69,788,000
-74,377,000
1,412,000
7,903,000
-1,040,000
Investing Activities
capital expenditure
-44,800,000
-3,800,000
-14,100,000
-20,400,000
-7,600,000
-9,000,000
-31,000,000
-19,700,000
-21,113,000
68,160,000
-105,946,000
-4,441,000
-3,224,000
-34,250,000
Change in Investments
41,800,000
-28,007,000
28,007,000
cash flow from investments
-86,600,000
-3,800,000
-14,100,000
-20,400,000
-7,600,000
-9,000,000
-31,000,000
-19,700,000
6,894,000
68,160,000
-133,953,000
-4,441,000
-3,224,000
-34,250,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-500,000
-2,600,000
7,300,000
500,000
-1,900,000
2,600,000
Long term loans
-600,000
-3,000,000
-11,700,000
-1,800,000
900,000
17,200,000
800,000
-400,000
6,776,000
412,000
-832,000
698,000
2,146,000
Hire Purchase and Lease Commitments
-17,400,000
9,400,000
700,000
-3,100,000
700,000
400,000
6,636,000
270,000
-613,000
166,000
856,000
1,985,000
other long term liabilities
62,800,000
-31,300,000
9,100,000
-500,000
-15,095,000
-71,675,000
104,131,000
1,934,000
-414,000
3,819,000
share issue
-29,000,000
900,000
1,000,000
9,804,000
-106,000
16,971,000
interest
5,300,000
-700,000
-1,000,000
-400,000
-900,000
-1,800,000
-1,000,000
-900,000
-1,100,000
124,000
211,000
-162,000
-202,000
-197,000
cash flow from financing
38,000,000
-6,300,000
-22,800,000
7,700,000
-300,000
-16,400,000
10,600,000
-1,400,000
7,021,000
-70,869,000
102,897,000
2,530,000
2,386,000
22,578,000
cash and cash equivalents
cash
1,500,000
-5,300,000
3,600,000
-5,200,000
2,100,000
-900,000
-500,000
-100,000
4,942,000
-349,000
-465,000
1,518,000
573,000
81,000
overdraft
-382,000
382,000
change in cash
1,500,000
-5,300,000
3,600,000
-5,200,000
2,100,000
-900,000
-500,000
-100,000
4,942,000
-349,000
-465,000
1,518,000
955,000
-301,000
claranet limited 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 claranet limited. Get real-time insights into claranet limited's credit score, group structure and payment trends.
Perform a competitor analysis for claranet limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in WC1V area or any other competitors across 12 key performance metrics.
62090 - Other information technology and computer service activities
incorporation date
January 1996
age
29
incorporated
UK
ultimate parent company
CLARANET INTERNATIONAL LTD
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
110 high holborn, london, WC1V 6JS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
claranet 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 16 charges/mortgages relating to claranet limited. Currently there are 1 open charges and 15 have been satisfied in the past.
claranet 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.
Click to start generating capital raising & share issue transactions for CLARANET LIMITED. This can take several minutes, an email will notify you when this has completed.
claranet limitedCompanies House Filings - See Documents
