recipero limited
recipero limited Company Information
Company Number
03794898
Next Accounts
Sep 2025
Shareholders
recipero group ltd
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
watermoor point watermoor road, cirencester, GL7 1LF
Website
www.recipero.comrecipero limited Estimated Valuation
Pomanda estimates the enterprise value of RECIPERO LIMITED at £1.9m based on a Turnover of £2.4m and 0.79x industry multiple (adjusted for size and gross margin).
recipero limited Estimated Valuation
Pomanda estimates the enterprise value of RECIPERO LIMITED at £0 based on an EBITDA of £-578.8k and a 5.43x industry multiple (adjusted for size and gross margin).
recipero limited Estimated Valuation
Pomanda estimates the enterprise value of RECIPERO LIMITED at £10m based on Net Assets of £4.4m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Recipero Limited Overview
Recipero Limited is a live company located in cirencester, GL7 1LF with a Companies House number of 03794898. It operates in the other information technology service activities sector, SIC Code 62090. Founded in June 1999, it's largest shareholder is recipero group ltd with a 100% stake. Recipero Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Recipero Limited Health Check
Pomanda's financial health check has awarded Recipero Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£7.3m)
- Recipero Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (8%)
- Recipero Limited
8% - Industry AVG
Production
with a gross margin of 51.3%, this company has a comparable cost of product (51.3%)
- Recipero Limited
51.3% - Industry AVG
Profitability
an operating margin of -24.8% make it less profitable than the average company (3.5%)
- Recipero Limited
3.5% - Industry AVG
Employees
with 16 employees, this is below the industry average (43)
16 - Recipero Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.2k, the company has an equivalent pay structure (£74.2k)
- Recipero Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £149.2k, this is less efficient (£178.2k)
- Recipero Limited
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (52 days)
- Recipero Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (33 days)
- Recipero Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (16 days)
- Recipero Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (14 weeks)
33 weeks - Recipero Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.6%, this is a lower level of debt than the average (64.8%)
25.6% - Recipero Limited
64.8% - Industry AVG
RECIPERO LIMITED financials
Recipero Limited's latest turnover from December 2023 is estimated at £2.4 million and the company has net assets of £4.4 million. According to their latest financial statements, Recipero Limited has 16 employees and maintains cash reserves of £983.8 thousand 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 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,662,000 | 4,337,000 | 4,167,000 | 3,311,000 | 3,178,000 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 794,000 | 927,000 | 739,000 | 698,000 | 652,000 | ||||||||||
| Gross Profit | 3,868,000 | 3,410,000 | 3,428,000 | 2,613,000 | 2,526,000 | ||||||||||
| Admin Expenses | 2,156,000 | 2,750,000 | 2,699,000 | 1,972,000 | 1,590,000 | ||||||||||
| Operating Profit | 1,712,000 | 660,000 | 729,000 | 641,000 | 936,000 | ||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 21,000 | 10,000 | 4,000 | 1,000 | |||||||||||
| Pre-Tax Profit | 1,732,000 | 670,000 | 733,000 | 641,000 | 937,000 | ||||||||||
| Tax | 126,000 | -51,000 | -167,000 | -135,000 | -185,000 | ||||||||||
| Profit After Tax | 1,858,000 | 619,000 | 566,000 | 506,000 | 752,000 | ||||||||||
| Dividends Paid | 615,000 | 555,000 | |||||||||||||
| Retained Profit | 1,858,000 | 619,000 | 566,000 | -109,000 | 197,000 | ||||||||||
| Employee Costs | 328,000 | 1,183,000 | 1,125,000 | 1,135,000 | 954,000 | ||||||||||
| Number Of Employees | 16 | 16 | 16 | 16 | 10 | 13 | 13 | 18 | 16 | ||||||
| EBITDA* | 1,714,000 | 674,000 | 793,000 | 659,000 | 971,000 |
* 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 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,087 | 22,899 | 18,408 | 14,044 | 1,433,000 | 26,000 | 28,000 | 75,000 | 106,000 | 95,100 | 84,858 | 78,773 | 130,275 | 145,051 | 161,555 |
| Intangible Assets | 7,000 | 11,000 | 11,000 | 11,000 | 17,421 | 31,950 | 42,827 | ||||||||
| Investments & Other | 1,426,000 | 1,426,000 | 1,426,000 | 1,426,000 | 1,426,000 | 21,585 | 21,585 | 85 | 85 | 85 | 85 | ||||
| Debtors (Due After 1 year) | 2,976,547 | 3,073,064 | 2,756,074 | ||||||||||||
| Total Fixed Assets | 4,419,634 | 4,521,963 | 4,200,482 | 1,440,044 | 1,433,000 | 33,000 | 39,000 | 86,000 | 117,000 | 134,106 | 138,393 | 78,858 | 173,187 | 145,136 | 161,640 |
| Stock & work in progress | 39,189 | 57,068 | 59,588 | 75,675 | 18,959 | 23,432 | 55,580 | 68,058 | 46,987 | 85,364 | |||||
| Trade Debtors | 382,422 | 398,060 | 288,252 | 690,465 | 469,000 | 911,000 | 1,139,000 | 349,000 | 478,000 | 459,444 | 583,428 | 351,202 | 308,251 | 395,771 | 303,535 |
| Group Debtors | 2,380,427 | 1,162,000 | 2,518,000 | 1,861,000 | 557,000 | 11,000 | |||||||||
| Misc Debtors | 58,543 | 118,311 | 39,799 | 30,262 | 555,000 | 305,000 | 97,000 | 107,000 | 73,000 | ||||||
| Cash | 983,767 | 622,430 | 265,412 | 738,806 | 3,047,000 | 1,442,000 | 533,000 | 787,000 | 422,000 | 314,049 | 207,464 | 315,223 | 238,902 | 271,641 | 292,659 |
| misc current assets | 62,697 | 1,552 | 278,000 | 170,000 | 41,000 | 29,000 | |||||||||
| total current assets | 1,526,618 | 1,197,421 | 653,051 | 3,915,635 | 5,233,000 | 5,454,000 | 3,800,000 | 1,841,000 | 1,013,000 | 792,452 | 814,324 | 722,005 | 615,211 | 714,399 | 681,558 |
| total assets | 5,946,252 | 5,719,384 | 4,853,533 | 5,355,679 | 6,666,000 | 5,487,000 | 3,839,000 | 1,927,000 | 1,130,000 | 926,558 | 952,717 | 800,863 | 788,398 | 859,535 | 843,198 |
| Bank overdraft | 9,071 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 231,694 | 16,095 | 45,981 | 70,594 | 44,000 | 33,000 | 16,000 | 737,000 | 65,000 | 476,764 | 819,009 | 506,447 | 376,013 | 246,991 | 203,691 |
| Group/Directors Accounts | 8,719 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,292,937 | 731,678 | 537,584 | 992,307 | 3,053,000 | 3,743,000 | 2,731,000 | 658,000 | 421,000 | ||||||
| total current liabilities | 1,524,631 | 747,773 | 583,565 | 1,071,972 | 3,097,000 | 3,776,000 | 2,747,000 | 1,395,000 | 486,000 | 476,764 | 819,009 | 506,447 | 376,013 | 246,991 | 212,410 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,000 | ||||||||||||||
| provisions | 12,000 | 18,000 | 11,874 | 13,768 | 7,877 | ||||||||||
| total long term liabilities | 6,000 | 9,000 | 11,874 | 13,768 | 7,877 | 1,000 | |||||||||
| total liabilities | 1,524,631 | 747,773 | 583,565 | 1,071,972 | 3,097,000 | 3,776,000 | 2,747,000 | 1,401,000 | 495,000 | 488,638 | 832,777 | 514,324 | 376,013 | 246,991 | 213,410 |
| net assets | 4,421,621 | 4,971,611 | 4,269,968 | 4,283,707 | 3,569,000 | 1,711,000 | 1,092,000 | 526,000 | 635,000 | 437,920 | 119,940 | 286,539 | 412,385 | 612,544 | 629,788 |
| total shareholders funds | 4,421,621 | 4,971,611 | 4,269,968 | 4,283,707 | 3,569,000 | 1,711,000 | 1,092,000 | 526,000 | 635,000 | 437,920 | 119,940 | 286,539 | 412,385 | 612,544 | 629,788 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,712,000 | 660,000 | 729,000 | 641,000 | 936,000 | ||||||||||
| Depreciation | 13,352 | 12,599 | 3,327 | 7,615 | 2,000 | 10,000 | 64,000 | 18,000 | 28,000 | 17,455 | 14,322 | 19,404 | 20,713 | 28,324 | 25,970 |
| Amortisation | 4,000 | 7,000 | 26,075 | 19,170 | 42,827 | 42,828 | |||||||||
| Tax | 126,000 | -51,000 | -167,000 | -135,000 | -185,000 | ||||||||||
| Stock | -17,879 | -2,520 | -16,087 | 75,675 | -18,959 | -4,473 | -32,148 | -12,478 | 21,071 | -38,377 | 85,364 | ||||
| Debtors | -171,923 | 505,310 | -17,029 | 915,154 | -1,548,000 | 637,000 | 2,084,000 | 451,000 | 102,556 | -123,984 | 232,226 | 42,951 | -87,520 | 92,236 | 303,535 |
| Creditors | 215,599 | -29,886 | -24,613 | 26,594 | 11,000 | 17,000 | -721,000 | 672,000 | -411,764 | -342,245 | 312,562 | 130,434 | 129,022 | 43,300 | 203,691 |
| Accruals and Deferred Income | 561,259 | 194,094 | -454,723 | -2,060,693 | -690,000 | 1,012,000 | 2,073,000 | 237,000 | 421,000 | ||||||
| Deferred Taxes & Provisions | -12,000 | -6,000 | 6,126 | -1,894 | 5,891 | 7,877 | |||||||||
| Cash flow from operations | 2,709,000 | 1,015,000 | -118,000 | 976,000 | 717,765 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,426,000 | -21,585 | 21,500 | 85 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -8,719 | 8,719 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,000 | 1,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 21,000 | 10,000 | 4,000 | 1,000 | |||||||||||
| cash flow from financing | 21,000 | 10,000 | 4,000 | 1,080 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 361,337 | 357,018 | -473,394 | -2,308,194 | 1,605,000 | 909,000 | -254,000 | 365,000 | 107,951 | 106,585 | -107,759 | 76,321 | -32,739 | -21,018 | 292,659 |
| overdraft | -9,071 | 9,071 | |||||||||||||
| change in cash | 361,337 | 357,018 | -464,323 | -2,317,265 | 1,605,000 | 909,000 | -254,000 | 365,000 | 107,951 | 106,585 | -107,759 | 76,321 | -32,739 | -21,018 | 292,659 |
recipero limited Credit Report and Business Information
Recipero Limited Competitor Analysis
Perform a competitor analysis for recipero limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GL7 area or any other competitors across 12 key performance metrics.
recipero limited Ownership
RECIPERO LIMITED group structure
Recipero Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
RECIPERO LIMITED
03794898
3 subsidiaries
recipero limited directors
Recipero Limited currently has 2 directors. The longest serving directors include Mr Stephen Shepherd (Jan 2020) and Mr Leslie Gray (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Shepherd | 49 years | Jan 2020 | - | Director | |
| Mr Leslie Gray | England | 56 years | Jan 2020 | - | Director |
P&L
December 2023turnover
2.4m
+10%
operating profit
-592.2k
0%
gross margin
51.3%
-1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.4m
-0.11%
total assets
5.9m
+0.04%
cash
983.8k
+0.58%
net assets
Total assets minus all liabilities
recipero limited company details
company number
03794898
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
June 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
recipero.com limited (February 2002)
phonetracer.com limited (May 2000)
accountant
VIRTUAL CFO LIMITED
auditor
-
address
watermoor point watermoor road, cirencester, GL7 1LF
Bank
-
Legal Advisor
-
recipero 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 1 charges/mortgages relating to recipero limited. Currently there are 0 open charges and 1 have been satisfied in the past.
recipero 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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recipero limited Companies House Filings - See Documents
| date | description | view/download |
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