cerillion technologies limited

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cerillion technologies limited Company Information

Share CERILLION TECHNOLOGIES LIMITED
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Company Number

03849601

Registered Address

25 bedford street, london, WC2E 9ES

Industry

Other business support service activities n.e.c.

 

Telephone

02079276000

Next Accounts Due

June 2025

Group Structure

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Directors

Louis Hall25 Years

Alan Howarth16 Years

View All

Shareholders

cerillion plc 100%

cerillion technologies limited Estimated Valuation

£61.3m

Pomanda estimates the enterprise value of CERILLION TECHNOLOGIES LIMITED at £61.3m based on a Turnover of £39.2m and 1.57x industry multiple (adjusted for size and gross margin).

cerillion technologies limited Estimated Valuation

£195.8m

Pomanda estimates the enterprise value of CERILLION TECHNOLOGIES LIMITED at £195.8m based on an EBITDA of £16.4m and a 11.97x industry multiple (adjusted for size and gross margin).

cerillion technologies limited Estimated Valuation

£81.6m

Pomanda estimates the enterprise value of CERILLION TECHNOLOGIES LIMITED at £81.6m based on Net Assets of £31.8m and 2.57x industry multiple (adjusted for liquidity).

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Cerillion Technologies Limited Overview

Cerillion Technologies Limited is a live company located in london, WC2E 9ES with a Companies House number of 03849601. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 1999, it's largest shareholder is cerillion plc with a 100% stake. Cerillion Technologies Limited is a mature, large sized company, Pomanda has estimated its turnover at £39.2m with high growth in recent years.

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Cerillion Technologies Limited Health Check

Pomanda's financial health check has awarded Cerillion Technologies Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £39.2m, make it larger than the average company (£3.7m)

£39.2m - Cerillion Technologies Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (5.2%)

23% - Cerillion Technologies Limited

5.2% - Industry AVG

production

Production

with a gross margin of 69.8%, this company has a lower cost of product (37.9%)

69.8% - Cerillion Technologies Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of 38.4% make it more profitable than the average company (6.1%)

38.4% - Cerillion Technologies Limited

6.1% - Industry AVG

employees

Employees

with 121 employees, this is above the industry average (23)

121 - Cerillion Technologies Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £98k, the company has a higher pay structure (£47.7k)

£98k - Cerillion Technologies Limited

£47.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £323.7k, this is more efficient (£152.5k)

£323.7k - Cerillion Technologies Limited

£152.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 124 days, this is later than average (40 days)

124 days - Cerillion Technologies Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (33 days)

24 days - Cerillion Technologies Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Cerillion Technologies Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 88 weeks, this is more cash available to meet short term requirements (25 weeks)

88 weeks - Cerillion Technologies Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.6%, this is a lower level of debt than the average (61.4%)

32.6% - Cerillion Technologies Limited

61.4% - Industry AVG

CERILLION TECHNOLOGIES LIMITED financials

EXPORTms excel logo

Cerillion Technologies Limited's latest turnover from September 2023 is £39.2 million and the company has net assets of £31.8 million. According to their latest financial statements, Cerillion Technologies Limited has 121 employees and maintains cash reserves of £24.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover39,170,00032,726,00026,070,81520,813,92518,751,78117,352,59716,032,97614,809,93914,016,09513,345,00413,316,82412,087,01511,843,42813,415,76711,513,281
Other Income Or Grants000000000000000
Cost Of Sales11,827,00010,199,0008,057,1577,617,3357,093,6706,564,1665,553,7365,592,0884,913,5383,081,7643,272,4333,405,3483,996,6883,833,6373,743,762
Gross Profit27,343,00022,527,00018,013,65813,196,59011,658,11110,788,43110,479,2409,217,8519,102,55710,263,24010,044,3918,681,6677,846,7409,582,1307,769,519
Admin Expenses12,316,00011,750,0009,901,9089,979,4128,783,9488,480,1788,256,9987,294,5757,168,1787,637,1467,675,8636,806,5786,968,0726,923,7386,745,795
Operating Profit15,027,00010,777,0008,111,7503,217,1782,874,1632,308,2532,222,2421,923,2761,934,3792,626,0942,368,5281,875,089878,6682,658,3921,023,724
Interest Payable10,0006,0005,69139,37777,88099,989117,1965841,4963,27611,23718,13312,43769231,973
Interest Receivable955,000335,00065,61049,1295,2668,6282,9552,7804,1195,4535,0264,22716,1321,22734,833
Pre-Tax Profit15,972,00011,106,0009,978,9993,226,9302,801,5492,216,8922,108,0011,804,0621,937,6922,628,2712,362,3171,861,183882,3632,658,9271,026,584
Tax-3,111,000-1,571,000-1,146,027-47,394-187,917-55,82012,426-20,405-22,564-161,935-282,932-393,829-208,360545,390242,127
Profit After Tax12,861,0009,535,0008,832,9723,179,5362,613,6322,161,0722,120,4271,783,6571,915,1282,466,3362,079,3851,467,354674,0033,204,3171,268,711
Dividends Paid3,000,0003,000,0003,000,0003,000,00002,500,0001,500,0001,900,0000000000
Retained Profit9,861,0006,535,0005,832,972179,5362,613,632-338,928620,427-116,3431,915,1282,466,3362,079,3851,467,354674,0033,204,3171,268,711
Employee Costs11,852,00010,494,0009,652,3429,157,0858,419,7508,021,2827,354,3116,904,0977,136,9777,832,2227,627,3227,397,8616,758,3285,842,1626,750,923
Number Of Employees121113102998986797981144142139142121124
EBITDA*16,356,00012,033,0009,267,3824,513,9554,074,3833,288,5813,291,0102,760,9282,640,2972,951,8932,763,6762,223,2991,138,2402,794,9191,278,270

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets756,000963,000639,129666,102684,281736,173302,356331,868369,128384,779493,885574,457844,431347,800311,915
Intangible Assets2,453,0002,237,0002,162,5372,073,1561,898,3221,997,1141,759,5231,768,8271,461,140866,758905,677755,677154,77400
Investments & Other1,0001,0001,2291,2291,22944,297155,611122,078179,591402,918383,3970000
Debtors (Due After 1 year)5,036,0002,095,0001,945,6712,439,1192,376,478577,288768,240100,000100,00000467,711676,53900
Total Fixed Assets8,246,0005,296,0004,748,5665,179,6064,960,3103,354,8722,985,7302,322,7732,109,8591,654,4551,782,9591,797,8451,675,744347,800311,915
Stock & work in progress000000000000000
Trade Debtors13,364,00010,262,0009,461,7068,743,1207,536,7797,886,6907,054,7208,459,9675,952,6652,603,7073,311,4164,746,9766,260,1042,945,3363,088,503
Group Debtors00000000564,841400,000200,0000000
Misc Debtors1,370,000687,000473,768398,507235,342188,478392,371442,715476,3202,932,5072,992,929649,364649,5204,317,322626,932
Cash24,222,00019,434,00012,561,9877,986,7886,459,6865,143,3615,252,6101,444,4645,440,4197,066,5977,500,5866,828,8923,910,8114,380,2653,024,423
misc current assets000000000000000
total current assets38,956,00030,383,00022,497,46117,128,41514,231,80713,218,52912,699,70110,347,14612,434,24513,002,81114,004,93112,225,23210,820,43511,642,9236,739,858
total assets47,202,00035,679,00027,246,02722,308,02119,192,11716,573,40115,685,43112,669,91914,544,10414,657,26615,787,89014,023,07712,496,17911,990,7237,051,773
Bank overdraft000000000000218,46500
Bank loan000000000000000
Trade Creditors 780,0001,035,000425,950678,579422,412815,674676,339298,553370,428683,082672,358849,806561,4961,172,012503,161
Group/Directors Accounts3,924,0003,078,0002,613,5783,881,7793,571,8675,744,3204,451,1521,287,092919,410000000
other short term finances0000000121,410032,940154,649230,020221,894019,022
hp & lease commitments43,00060,00005,95500000000000
other current liabilities9,526,0008,527,0008,218,6927,753,4535,436,5133,010,5633,297,4964,186,8463,161,7533,630,0815,101,9042,980,5262,801,4063,166,3212,021,907
total current liabilities14,273,00012,700,00011,258,22012,319,7669,430,7929,570,5578,424,9875,893,9014,451,5914,346,1035,928,9114,060,3523,803,2614,338,3332,544,090
loans00000000000168,978366,525059,610
hp & lease commitments043,0000000000000000
Accruals and Deferred Income454,000368,0000000000000000
other liabilities00000219,9860174,659310,660000000
provisions670,000624,000578,809412,229364,835038,65800000000
total long term liabilities1,124,0001,035,000578,809412,229364,835219,98638,658174,659310,66000168,978366,525059,610
total liabilities15,397,00013,735,00011,837,02912,731,9959,795,6279,790,5438,463,6456,068,5604,762,2514,346,1035,928,9114,229,3304,169,7864,338,3332,603,700
net assets31,805,00021,944,00015,408,9989,576,0269,396,4906,782,8587,221,7866,601,3599,781,85310,311,1639,858,9799,793,7478,326,3937,652,3904,448,073
total shareholders funds31,805,00021,944,00015,408,9989,576,0269,396,4906,782,8587,221,7866,601,3599,781,85310,311,1639,858,9799,793,7478,326,3937,652,3904,448,073
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit15,027,00010,777,0008,111,7503,217,1782,874,1632,308,2532,222,2421,923,2761,934,3792,626,0942,368,5281,875,089878,6682,658,3921,023,724
Depreciation399,000348,000274,801331,132267,647285,384209,464244,229220,300325,799395,148348,210259,572136,527159,385
Amortisation930,000908,000880,831965,645932,573694,944859,304593,423485,6180000095,161
Tax-3,111,000-1,571,000-1,146,027-47,394-187,917-55,82012,426-20,405-22,564-161,935-282,932-393,829-208,360545,390242,127
Stock000000000000000
Debtors6,726,0001,162,855300,3991,432,1471,496,143437,125-787,3511,908,8561,157,612-568,131640,294-1,722,112323,5053,547,2233,715,435
Creditors-255,000609,050-252,629256,167-393,262139,335377,786-71,875-312,65410,724-177,448288,310-610,516668,851503,161
Accruals and Deferred Income1,085,000676,308465,2392,316,9402,425,950-286,933-889,3501,025,093-468,328-1,471,8232,121,378179,120-364,9151,144,4142,021,907
Deferred Taxes & Provisions46,00045,191166,58047,394364,835-38,65838,65800000000
Cash flow from operations7,395,00010,629,6948,200,1465,654,9154,787,8462,609,3803,617,8811,784,885679,1391,896,9903,784,3804,019,012-369,0561,606,351330,030
Investing Activities
capital expenditure-1,338,000-1,654,334-1,218,040-1,453,432-1,049,536-1,651,736-1,029,952-1,108,079-970,201-465,798-487,204-658,764-922,634-160,355-73,045
Change in Investments0-22900-43,068-111,31433,533-57,513-223,32719,521383,3970000
cash flow from investments-1,338,000-1,654,105-1,218,040-1,453,432-1,006,468-1,540,422-1,063,485-1,050,566-746,874-485,319-870,601-658,764-922,634-160,355-73,045
Financing Activities
Bank loans000000000000000
Group/Directors Accounts846,000464,422-1,268,201309,912-2,172,4531,293,1683,164,060367,682919,410000000
Other Short Term Loans 000000-121,410121,410-32,940-121,709-75,3718,126221,894-19,02219,022
Long term loans0000000000-168,978-197,547366,525-59,61059,610
Hire Purchase and Lease Commitments-60,000103,000-5,9555,95500000000000
other long term liabilities0000-219,986219,986-174,659-136,001310,660000000
share issue02000-100,0000-3,064,151-2,444,438-2,014,152-2,014,1530003,179,362
interest945,000329,00059,9199,752-72,614-91,361-114,2412,1962,6232,177-6,211-13,9063,6955352,860
cash flow from financing1,731,000896,424-1,214,237325,619-2,465,0531,321,7932,753,750-2,708,864-1,244,685-2,133,684-2,264,713-203,327592,114-78,0973,260,854
cash and cash equivalents
cash4,788,0006,872,0134,575,1991,527,1021,316,325-109,2493,808,146-3,995,955-1,626,178-433,989671,6942,918,081-469,4541,355,8423,024,423
overdraft00000000000-218,465218,46500
change in cash4,788,0006,872,0134,575,1991,527,1021,316,325-109,2493,808,146-3,995,955-1,626,178-433,989671,6943,136,546-687,9191,355,8423,024,423

cerillion technologies 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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Cerillion Technologies Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for cerillion technologies limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in WC2E area or any other competitors across 12 key performance metrics.

cerillion technologies limited Ownership

CERILLION TECHNOLOGIES LIMITED group structure

Cerillion Technologies Limited has no subsidiary companies.

Ultimate parent company

1 parent

CERILLION TECHNOLOGIES LIMITED

03849601

CERILLION TECHNOLOGIES LIMITED Shareholders

cerillion plc 100%

cerillion technologies limited directors

Cerillion Technologies Limited currently has 4 directors. The longest serving directors include Mr Louis Hall (Oct 1999) and Mr Alan Howarth (Jun 2008).

officercountryagestartendrole
Mr Louis HallEngland60 years Oct 1999- Director
Mr Alan HowarthUnited Kingdom79 years Jun 2008- Director
Mr Andrew DicksonEngland44 years Feb 2022- Director
Mr Michael DeeEngland69 years Nov 2022- Director

P&L

September 2023

turnover

39.2m

+20%

operating profit

15m

+39%

gross margin

69.9%

+1.41%

turnover

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

Balance Sheet

September 2023

net assets

31.8m

+0.45%

total assets

47.2m

+0.32%

cash

24.2m

+0.25%

net assets

Total assets minus all liabilities

cerillion technologies limited company details

company number

03849601

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

September 1999

age

25

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

25 bedford street, london, WC2E 9ES

Bank

HSBC UK BANK PLC

Legal Advisor

ORRICK, HERRINGTON & SUTCLIFFE (EUROPE) LLP

cerillion technologies 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 9 charges/mortgages relating to cerillion technologies limited. Currently there are 3 open charges and 6 have been satisfied in the past.

charges

cerillion technologies limited Companies House Filings - See Documents

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