Pomanda estimates the enterprise value of AVIDITY SCIENCE LIMITED at £13.7m based on a Turnover of £16.2m and 0.85x industry multiple (adjusted for size and gross margin).
avidity science limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of AVIDITY SCIENCE LIMITED at £0 based on an EBITDA of £-848.2k and a 6.07x industry multiple (adjusted for size and gross margin).
avidity science limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of AVIDITY SCIENCE LIMITED at £0 based on Net Assets of £-774.3k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Avidity Science LimitedOverview
Avidity Science Limited is a live company located in aylesbury, HP18 9BA with a Companies House number of 03482000. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 1997, it's largest shareholder is
edstrom uk holdings limited
with a 100% stake. Avidity Science Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£16.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Avidity Science Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £16.2m, make it larger than the average company (£1.7m)
£16.2m - Avidity Science Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.5%)
8% - Avidity Science Limited
8.5% - Industry AVG
Production
with a gross margin of 45.3%, this company has a comparable cost of product (45.9%)
45.3% - Avidity Science Limited
45.9% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (5.4%)
-6.5% - Avidity Science Limited
5.4% - Industry AVG
Employees
with 73 employees, this is above the industry average (17)
73 - Avidity Science Limited
17 - Industry AVG
Pay Structure
on an average salary of £85.7k, the company has a higher pay structure (£48.4k)
£85.7k - Avidity Science Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £222.2k, this is more efficient (£111.3k)
£222.2k - Avidity Science Limited
£111.3k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (53 days)
58 days - Avidity Science Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (32 days)
21 days - Avidity Science Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 72 days, this is more than average (28 days)
72 days - Avidity Science Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (29 weeks)
7 weeks - Avidity Science Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.7%, this is a higher level of debt than the average (51.5%)
109.7% - Avidity Science Limited
51.5% - Industry AVG
AVIDITY SCIENCE LIMITED financials
EXPORT
Avidity Science Limited's latest turnover from March 2024 is £16.2 million and the company has net assets of -£774.3 thousand. According to their latest financial statements, Avidity Science Limited has 73 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
16,217,035
11,729,684
12,801,199
12,429,500
13,644,045
10,377,384
8,423,648
6,941,346
8,708,879
7,808,680
6,996,809
8,412,207
7,789,929
6,657,105
7,275,976
Other Income Or Grants
Cost Of Sales
8,876,993
6,626,915
7,017,387
7,082,006
7,531,541
5,885,660
4,673,893
3,368,594
4,674,441
4,040,285
3,322,486
4,099,156
3,855,337
3,195,484
3,706,897
Gross Profit
7,340,042
5,102,769
5,783,812
5,347,494
6,112,504
4,491,724
3,749,755
3,572,751
4,034,438
3,768,395
3,674,323
4,313,051
3,934,593
3,461,621
3,569,079
Admin Expenses
8,400,212
6,156,049
5,174,823
4,487,461
4,996,853
2,635,822
4,244,130
2,568,232
2,864,361
2,563,304
2,411,735
4,151,645
3,852,970
3,411,647
2,916,992
Operating Profit
-1,060,170
-1,053,280
608,989
860,033
1,115,651
1,855,902
-494,375
1,004,519
1,170,077
1,205,091
1,262,588
161,406
81,623
49,974
652,087
Interest Payable
550
6,267
8,159
8,867
31,950
35,196
38,403
19,995
Interest Receivable
20,390
10
4,479
4,234
6,087
2,336
4,343
2,271
1,755
1,735
1,007
Pre-Tax Profit
-1,039,780
-1,053,280
608,989
860,043
1,115,101
1,855,902
-489,896
1,008,754
1,169,897
1,199,268
1,258,064
131,726
48,182
13,307
633,099
Tax
-80,191
81,942
-190,628
-157,057
-135,184
-226,141
-201,751
-180,356
-234,300
-290,430
-31,614
-12,527
-3,726
-177,268
Profit After Tax
-1,119,971
-971,338
418,361
702,986
979,917
1,629,761
-489,896
807,003
989,541
964,968
967,634
100,112
35,655
9,581
455,831
Dividends Paid
950,000
1,500,000
800,000
1,150,000
930,368
312,583
891,555
Retained Profit
-1,119,971
-971,338
-531,639
-797,014
179,917
479,761
-489,896
807,003
59,173
652,385
76,079
100,112
35,655
9,581
455,831
Employee Costs
6,257,040
4,385,653
4,171,647
3,722,126
3,710,574
2,846,070
2,591,091
2,395,434
2,079,772
1,818,633
1,697,597
3,099,390
2,759,411
2,506,971
2,587,930
Number Of Employees
73
80
80
74
71
63
58
55
50
43
36
77
70
65
64
EBITDA*
-848,167
-930,702
695,288
917,976
1,147,159
1,862,206
-492,876
1,004,519
1,203,783
1,246,075
1,298,812
192,515
111,893
73,048
675,612
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
687,872
580,319
149,493
122,257
115,077
84,643
1,479
860,277
879,345
913,051
918,334
889,284
898,594
904,643
918,895
Intangible Assets
578
1,232
3,865
6,498
9,131
7,139
Investments & Other
3,580
3,580
3,580
3,580
3,580
2
2
2
Debtors (Due After 1 year)
Total Fixed Assets
692,030
585,131
156,938
132,335
127,788
91,782
1,479
860,279
879,347
913,053
918,334
889,284
898,594
904,643
918,895
Stock & work in progress
1,756,970
2,232,914
1,149,215
1,194,926
1,148,569
1,264,771
986,684
1,098,682
613,880
738,818
737,194
430,660
573,379
518,310
575,179
Trade Debtors
2,599,614
1,610,328
2,246,717
1,880,453
2,007,099
1,784,682
1,925,391
1,243,382
1,123,641
1,011,846
1,205,422
1,138,312
1,031,787
940,629
1,019,659
Group Debtors
1,085,694
829,402
424,821
236,602
287,116
183,961
22,929
Misc Debtors
627,210
398,056
562,092
607,249
499,085
527,347
30,220
720
810
Cash
1,265,272
646,147
386,795
782,942
433,156
282,772
480,189
2,076,098
1,311,317
1,182,214
714,938
497,509
410,895
291,282
402,783
misc current assets
total current assets
7,334,760
5,716,847
4,769,640
4,702,172
4,375,025
4,043,533
3,445,413
4,418,162
3,048,838
2,932,878
2,657,554
2,066,481
2,016,781
1,751,031
1,997,621
total assets
8,026,790
6,301,978
4,926,578
4,834,507
4,502,813
4,135,315
3,446,892
5,278,441
3,928,185
3,845,931
3,575,888
2,955,765
2,915,375
2,655,674
2,916,516
Bank overdraft
73,039
51,104
50,063
49,815
48,778
48,689
Bank loan
Trade Creditors
520,503
571,473
610,004
716,901
603,237
705,499
511,607
925,984
756,636
526,790
868,008
1,880,702
1,894,433
1,620,573
1,842,154
Group/Directors Accounts
5,510,872
4,248,236
1,678,978
785,828
113,841
100
other short term finances
53,878
hp & lease commitments
other current liabilities
2,648,853
1,978,332
2,120,151
2,178,851
1,847,611
1,789,068
1,788,170
2,152,756
1,779,144
1,543,824
1,607,587
total current liabilities
8,680,228
6,798,041
4,409,133
3,681,580
2,564,689
2,494,567
2,299,777
3,078,740
2,535,780
2,197,531
2,526,799
1,930,765
1,944,248
1,669,351
1,890,843
loans
309,374
364,304
416,448
466,760
517,611
566,542
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
120,896
114,098
156,268
260,111
248,294
130,835
116,963
582
289
6,083
4,227
4,073
total long term liabilities
120,896
114,098
156,268
260,111
248,294
130,835
116,963
582
289
315,457
368,531
420,521
466,760
517,611
566,542
total liabilities
8,801,124
6,912,139
4,565,401
3,941,691
2,812,983
2,625,402
2,416,740
3,079,322
2,536,069
2,512,988
2,895,330
2,351,286
2,411,008
2,186,962
2,457,385
net assets
-774,334
-610,161
361,177
892,816
1,689,830
1,509,913
1,030,152
2,199,119
1,392,116
1,332,943
680,558
604,479
504,367
468,712
459,131
total shareholders funds
-774,334
-610,161
361,177
892,816
1,689,830
1,509,913
1,030,152
2,199,119
1,392,116
1,332,943
680,558
604,479
504,367
468,712
459,131
Mar 2024
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-1,060,170
-1,053,280
608,989
860,033
1,115,651
1,855,902
-494,375
1,004,519
1,170,077
1,205,091
1,262,588
161,406
81,623
49,974
652,087
Depreciation
211,349
119,945
83,666
55,310
29,646
5,994
1,499
33,706
40,984
36,224
31,109
30,270
23,074
23,525
Amortisation
654
2,633
2,633
2,633
1,862
310
Tax
-80,191
81,942
-190,628
-157,057
-135,184
-226,141
-201,751
-180,356
-234,300
-290,430
-31,614
-12,527
-3,726
-177,268
Stock
1,756,970
1,083,699
-45,711
46,357
-116,202
278,087
372,804
484,802
-124,938
1,624
306,534
-142,719
55,069
-56,869
575,179
Debtors
4,312,518
-395,844
509,326
-68,996
297,310
517,450
854,899
119,741
111,795
-193,576
67,110
105,805
91,068
-78,220
1,019,659
Creditors
520,503
-38,531
-106,897
113,664
-102,262
193,892
-245,029
169,348
229,846
-341,218
-1,012,694
-13,731
273,860
-221,581
1,842,154
Accruals and Deferred Income
2,648,853
-141,819
-58,700
331,240
58,543
898
9,026
373,612
235,320
-63,763
1,607,587
Deferred Taxes & Provisions
120,896
-42,170
-103,843
11,817
117,459
13,872
116,674
293
-5,794
1,856
154
4,073
Cash flow from operations
-3,707,594
-1,759,135
-228,395
1,240,279
904,607
1,049,190
-1,839,908
741,478
1,495,942
800,602
1,229,785
188,157
227,089
-17,170
745,660
Investing Activities
capital expenditure
-900,453
-550,771
-110,902
-62,490
-63,934
-96,607
876,367
19,068
-35,703
-65,274
-21,799
-24,221
-8,822
-942,420
Change in Investments
3,580
3,580
-2
2
cash flow from investments
-904,033
-550,771
-110,902
-62,490
-67,514
-96,607
876,369
19,068
-35,705
-65,274
-21,799
-24,221
-8,822
-942,420
Financing Activities
Bank loans
Group/Directors Accounts
5,510,872
2,569,258
893,150
671,987
113,841
-100
100
Other Short Term Loans
-53,878
53,878
Long term loans
-309,374
-54,930
-52,144
-50,312
-50,851
-48,931
566,542
Hire Purchase and Lease Commitments
other long term liabilities
share issue
345,637
127,932
3,300
interest
20,390
10
-550
4,479
4,234
-180
-5,823
-4,524
-29,679
-33,441
-36,668
-18,988
cash flow from financing
5,876,899
2,569,258
893,150
671,997
113,291
132,411
4,234
-363,432
-6,975
-56,568
-79,991
-84,292
-85,599
550,854
cash and cash equivalents
cash
1,265,272
259,352
-396,147
349,786
150,384
-197,417
-831,128
764,781
129,103
467,276
217,429
86,614
119,613
-111,501
402,783
overdraft
-73,039
21,935
1,041
248
1,037
89
48,689
change in cash
1,265,272
259,352
-396,147
349,786
150,384
-197,417
-831,128
764,781
202,142
445,341
216,388
86,366
118,576
-111,590
354,094
avidity science 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 avidity science limited. Get real-time insights into avidity science limited's credit score, group structure and payment trends.
Perform a competitor analysis for avidity science limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in HP18 area or any other competitors across 12 key performance metrics.
avidity science limited Ownership
AVIDITY SCIENCE LIMITED group structure
Avidity Science Limited has no subsidiary companies.
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
December 1997
age
28
incorporated
UK
ultimate parent company
SHOREVIEW CAPITAL PARTNERS III LP
accounts
Full Accounts
last accounts submitted
March 2024
previous names
triple red limited (August 2018)
accountant
-
auditor
RSM UK AUDIT LLP
address
unit 1a drakes drive, long crendon, aylesbury, HP18 9BA
Bank
BANK OF SCOTLAND
Legal Advisor
-
avidity science 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 7 charges/mortgages relating to avidity science limited. Currently there are 1 open charges and 6 have been satisfied in the past.
avidity science 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 AVIDITY SCIENCE LIMITED. This can take several minutes, an email will notify you when this has completed.
avidity science limitedCompanies House Filings - See Documents
