corstorphine + wright limited

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corstorphine + wright limited Company Information

Share CORSTORPHINE + WRIGHT LIMITED

Company Number

03315371

Shareholders

corstorphine + wright holdings limited

Group Structure

View All

Industry

Architectural activities

 

Registered Address

brook hall brook street, warwick, CV34 4BL

corstorphine + wright limited Estimated Valuation

£23.7m

Pomanda estimates the enterprise value of CORSTORPHINE + WRIGHT LIMITED at £23.7m based on a Turnover of £29.2m and 0.81x industry multiple (adjusted for size and gross margin).

corstorphine + wright limited Estimated Valuation

£26.3m

Pomanda estimates the enterprise value of CORSTORPHINE + WRIGHT LIMITED at £26.3m based on an EBITDA of £3.9m and a 6.76x industry multiple (adjusted for size and gross margin).

corstorphine + wright limited Estimated Valuation

£40.7m

Pomanda estimates the enterprise value of CORSTORPHINE + WRIGHT LIMITED at £40.7m based on Net Assets of £14.2m and 2.86x industry multiple (adjusted for liquidity).

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Corstorphine + Wright Limited Overview

Corstorphine + Wright Limited is a live company located in warwick, CV34 4BL with a Companies House number of 03315371. It operates in the architectural activities sector, SIC Code 71111. Founded in February 1997, it's largest shareholder is corstorphine + wright holdings limited with a 100% stake. Corstorphine + Wright Limited is a mature, large sized company, Pomanda has estimated its turnover at £29.2m with high growth in recent years.

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Corstorphine + Wright Limited Health Check

Pomanda's financial health check has awarded Corstorphine + Wright Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £29.2m, make it larger than the average company (£1.1m)

£29.2m - Corstorphine + Wright Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.1%)

19% - Corstorphine + Wright Limited

8.1% - Industry AVG

production

Production

with a gross margin of 39.3%, this company has a comparable cost of product (45.8%)

39.3% - Corstorphine + Wright Limited

45.8% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it more profitable than the average company (7.2%)

11.2% - Corstorphine + Wright Limited

7.2% - Industry AVG

employees

Employees

with 283 employees, this is above the industry average (14)

283 - Corstorphine + Wright Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.5k, the company has an equivalent pay structure (£51.2k)

£59.5k - Corstorphine + Wright Limited

£51.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.1k, this is equally as efficient (£92.4k)

£103.1k - Corstorphine + Wright Limited

£92.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 149 days, this is later than average (84 days)

149 days - Corstorphine + Wright Limited

84 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is close to average (30 days)

30 days - Corstorphine + Wright Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Corstorphine + Wright Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (26 weeks)

7 weeks - Corstorphine + Wright Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.6%, this is a lower level of debt than the average (51.2%)

43.6% - Corstorphine + Wright Limited

51.2% - Industry AVG

CORSTORPHINE + WRIGHT LIMITED financials

EXPORTms excel logo

Corstorphine + Wright Limited's latest turnover from June 2024 is £29.2 million and the company has net assets of £14.2 million. According to their latest financial statements, Corstorphine + Wright Limited has 283 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover29,176,72425,577,23920,583,47217,449,83616,839,47014,359,45411,432,19710,702,5605,615,6154,465,5634,084,7873,064,1322,826,0752,209,0401,061,102
Other Income Or Grants
Cost Of Sales17,700,75214,294,53410,756,42710,266,2039,402,1127,244,5895,797,3294,961,9783,186,7101,144,7271,803,3091,852,9311,249,7451,268,389223,473
Gross Profit11,475,97211,282,7059,827,0457,183,6337,437,3587,114,8655,634,8685,740,5822,428,9053,320,8362,281,4781,211,2011,576,330940,651837,629
Admin Expenses8,217,2378,134,8636,111,9753,737,4253,635,4533,265,6402,679,1323,181,8861,196,1781,652,5751,362,491885,4881,358,841788,954746,357
Operating Profit3,258,7353,147,8423,715,0703,446,2083,801,9053,849,2252,955,7362,558,6961,232,7271,668,261918,987325,713217,489151,69791,272
Interest Payable28,59225,79228,1287,0895,3785,505151,078
Interest Receivable22,289885991,212226,2382,496526
Pre-Tax Profit3,252,4323,122,1383,687,5413,172,2113,600,5652,994,3772,764,5252,564,2011,418,9471,711,039919,512325,713217,484151,69790,194
Tax296,575-106,575481,729-239,368-161,872-315,691-247,3292,800-124,699-352,056-222,755-71,798-43,607-31,405-2,626
Profit After Tax3,549,0073,015,5634,169,2702,932,8433,438,6932,678,6862,517,1962,567,0011,294,2481,358,983696,757253,915173,877120,29287,568
Dividends Paid6,600,000974,765577,586467,778662,000405,000190,000100,000
Retained Profit3,716,8353,044,2104,294,111-3,606,5543,420,7752,283,6021,315,2421,659,6231,294,248891,20518,239-161,753-16,12320,29287,568
Employee Costs16,833,74714,260,00011,339,8979,788,4179,236,0017,256,3856,005,0514,825,9913,069,2912,170,3841,957,5201,618,2031,462,5271,193,368616,855
Number Of Employees28323519417318014912410767494437342815
EBITDA*3,891,4253,675,4614,376,3743,685,7443,985,8593,937,4933,024,5392,676,3821,243,6521,802,121954,027325,713217,489151,69791,272

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets1,271,6581,163,960769,855452,606447,160261,783199,295118,65632,7744,3605,813
Intangible Assets1,639,7611,550,5541,440,109603,740674,76866,600342,007
Investments & Other395,319227,491198,84461,6212,07420,4821,964754754
Debtors (Due After 1 year)
Total Fixed Assets3,306,7382,942,0052,408,8081,117,9671,124,002282,265199,295118,65634,73871,714348,574
Stock & work in progress397,161435,52017,48213,883
Trade Debtors11,987,4348,601,9778,482,5746,905,7126,139,3994,218,8383,516,0534,467,9521,864,5351,833,849402,62955,215392,450338,662478,613
Group Debtors6,028,8865,256,8895,370,1843,356,235184,325320,489
Misc Debtors2,391,0641,723,3211,612,0681,096,790931,704437,5081,096,204393,824201,07616,79579,12011,87518,2408,21728,622
Cash1,530,2211,713,6402,325,5873,728,4425,502,1493,786,1592,625,5661,838,101857,271942,176650,309616,118420,476389,47588,295
misc current assets
total current assets21,937,60517,295,82717,790,41315,087,17912,573,2528,442,5057,237,8236,699,8773,504,3683,548,8291,149,540697,091831,166736,354595,530
total assets25,244,34320,237,83220,199,22116,205,14613,697,2548,724,7707,437,1186,818,5333,539,1063,620,5431,498,114697,091831,166736,354595,530
Bank overdraft
Bank loan
Trade Creditors 1,489,170937,8081,043,675621,433710,831370,858318,899603,69587,58828,83751,82559,687109,837118,378133,150
Group/Directors Accounts3,374,7814,172,0197,267,3786,924,198390,3501,108,39630,31552,186619,14451,872442,373116,82421,824
other short term finances
hp & lease commitments
other current liabilities6,024,6264,409,1894,455,4645,461,8355,791,8393,862,0573,048,4773,534,1062,060,4212,479,817847,605515,850449,690213,390173,086
total current liabilities10,888,5779,519,01612,766,51713,007,4666,893,0205,341,3113,397,6914,189,9872,767,1532,560,5261,341,803575,537559,527448,592328,060
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions125,983263,32750,401
total long term liabilities125,983263,32750,401
total liabilities11,014,5609,782,34312,816,91813,007,4666,893,0205,341,3113,397,6914,189,9872,767,1532,560,5261,341,803575,537559,527448,592328,060
net assets14,229,78310,455,4897,382,3033,197,6806,804,2343,383,4593,770,1602,323,034771,9531,060,017129,125110,886271,639287,762267,470
total shareholders funds14,229,78310,455,4897,382,3033,197,6806,804,2343,383,4593,770,1602,323,034771,9531,060,017129,125110,886271,639287,762267,470
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit3,258,7353,147,8423,715,0703,446,2083,801,9053,849,2252,955,7362,558,6961,232,7271,668,261918,987325,713217,489151,69791,272
Depreciation425,285340,055246,590168,508131,91688,26868,80338,05010,9251,4531,938
Amortisation207,405187,564414,71471,02852,03879,636132,40733,102
Tax296,575-106,575481,729-239,368-161,872-315,691-247,3292,800-124,699-352,056-222,755-71,798-43,607-31,405-2,626
Stock-397,161-38,359418,0383,59913,883
Debtors4,825,197117,3614,106,0894,287,6342,414,75744,089-249,5192,611,84078,8031,689,384414,659-343,60063,811-160,356507,235
Creditors551,362-105,867422,242-89,398339,97351,959-284,796516,10758,751-22,988-7,862-50,150-8,541-14,772133,150
Accruals and Deferred Income1,615,437-46,275-1,006,371-330,0041,929,782813,580-485,6291,473,685-419,3961,632,212331,75566,160236,30040,304173,086
Deferred Taxes & Provisions-137,344212,92650,401
Cash flow from operations1,392,2583,512,309218,286-1,260,6603,678,9854,443,2522,256,3042,454,295717,864951,867636,907599,642337,830306,180-112,353
Investing Activities
capital expenditure-149,442-342,75327,261143,000-382,860
Change in Investments167,82828,647137,22359,547-18,40820,482-1,9641,210754
cash flow from investments-167,828-28,647-137,223-59,54718,408-20,482-149,442-340,78926,051143,000-383,614
Financing Activities
Bank loans
Group/Directors Accounts-797,238-3,095,359343,1806,533,848-718,0461,078,081-21,871-566,958567,272-390,501442,373-116,82495,00021,824
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue57,45928,976-109,488-2,670,303131,884-108,542-1,582,31239,6871,000179,902
interest-6,303-25,704-27,529-5,877-5,3566,2382,496-5,505525-5-1,078
cash flow from financing-746,082-3,092,087206,1636,527,971-723,402-1,585,984112,509-681,005-1,015,040-350,814442,8981,000-116,82995,000200,648
cash and cash equivalents
cash-183,419-611,947-1,402,855-1,773,7071,715,9901,160,593787,465980,830-84,905291,86734,191195,64231,001301,18088,295
overdraft
change in cash-183,419-611,947-1,402,855-1,773,7071,715,9901,160,593787,465980,830-84,905291,86734,191195,64231,001301,18088,295

corstorphine + wright limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Corstorphine + Wright Limited Competitor Analysis

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Perform a competitor analysis for corstorphine + wright limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in CV34 area or any other competitors across 12 key performance metrics.

corstorphine + wright limited directors

Corstorphine + Wright Limited currently has 29 directors. The longest serving directors include Mr Jeffrey Downes (Jul 2002) and Mr Michael Lampard (Nov 2010).

officercountryagestartendrole
Mr Jeffrey Downes71 years Jul 2002- Director
Mr Michael LampardUnited Kingdom58 years Nov 2010- Director
Mr Paul TurnerUnited Kingdom60 years Nov 2010- Director
Mr Paul Hughes59 years Dec 2014- Director
Mr Ravinder RattuEngland46 years Jun 2019- Director
Mr Michael Turner64 years Jun 2019- Director
Mr Paul Thrussell64 years Jun 2019- Director
Mr Anthony Mead56 years Jun 2019- Director
Mr Ross Erwin65 years Jun 2019- Director
Mr Alistair Milne47 years Jun 2019- Director

P&L

June 2024

turnover

29.2m

+14%

operating profit

3.3m

+4%

gross margin

39.4%

-10.84%

turnover

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

Balance Sheet

June 2024

net assets

14.2m

+0.36%

total assets

25.2m

+0.25%

cash

1.5m

-0.11%

net assets

Total assets minus all liabilities

corstorphine + wright limited company details

company number

03315371

Type

Private limited with Share Capital

industry

71111 - Architectural activities

incorporation date

February 1997

age

28

incorporated

UK

ultimate parent company

accounts

Group

last accounts submitted

June 2024

previous names

corstorphine & wright limited (March 2020)

cwkl limited (July 2006)

accountant

-

auditor

PKF SMITH COOPER AUDIT LIMITED

address

brook hall brook street, warwick, CV34 4BL

Bank

BARCLAYS BANK PLC

Legal Advisor

-

corstorphine + wright 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 corstorphine + wright limited. Currently there are 2 open charges and 0 have been satisfied in the past.

corstorphine + wright 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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corstorphine + wright limited Companies House Filings - See Documents

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