task corporation limited
task corporation limited Company Information
Company Number
04184764
Website
http://taskcorp.co.ukRegistered Address
6 uxbridge road, melton road, leicester, leicestershire, LE4 7ST
Industry
Other manufacturing n.e.c.
Telephone
01162663233
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
task corporation holdings limited 100%
task corporation limited Estimated Valuation
The estimated valuation range for task corporation limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.8m to £9.7m
task corporation limited Estimated Valuation
The estimated valuation range for task corporation limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.8m to £9.7m
task corporation limited Estimated Valuation
The estimated valuation range for task corporation limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.8m to £9.7m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Task Corporation Limited AI Business Plan
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Task Corporation Limited Overview
Task Corporation Limited is a live company located in leicester, LE4 7ST with a Companies House number of 04184764. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in March 2001, it's largest shareholder is task corporation holdings limited with a 100% stake. Task Corporation Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8m with healthy growth in recent years.
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Task Corporation Limited Health Check
Pomanda's financial health check has awarded Task Corporation Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £8m, make it smaller than the average company (£13.4m)
£8m - Task Corporation Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4%)
- Task Corporation Limited
4% - Industry AVG
Production
with a gross margin of 24.2%, this company has a comparable cost of product (29.2%)
24.2% - Task Corporation Limited
29.2% - Industry AVG
Profitability
an operating margin of 6.1% make it as profitable than the average company (6.2%)
6.1% - Task Corporation Limited
6.2% - Industry AVG
Employees
with 68 employees, this is similar to the industry average (73)
68 - Task Corporation Limited
73 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has a higher pay structure (£39.9k)
£50.1k - Task Corporation Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £117.3k, this is less efficient (£169.3k)
£117.3k - Task Corporation Limited
£169.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (58 days)
57 days - Task Corporation Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is quicker than average (45 days)
40 days - Task Corporation Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (70 days)
15 days - Task Corporation Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (13 weeks)
33 weeks - Task Corporation Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.1%, this is a lower level of debt than the average (49.4%)
21.1% - Task Corporation Limited
49.4% - Industry AVG
task corporation limited Credit Report and Business Information
Task Corporation Limited Competitor Analysis
Perform a competitor analysis for task corporation limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
task corporation limited Ownership
TASK CORPORATION LIMITED group structure
Task Corporation Limited has no subsidiary companies.
Ultimate parent company
2 parents
TASK CORPORATION LIMITED
04184764
task corporation limited directors
Task Corporation Limited currently has 7 directors. The longest serving directors include Mr David Ashfield (Apr 2008) and Mr Mark Brown (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Ashfield | United Kingdom | 52 years | Apr 2008 | - | Director |
| Mr Mark Brown | 52 years | Apr 2016 | - | Director | |
| Mr Daniel Pullan | 49 years | Apr 2016 | - | Director | |
| Mr Daniel Knight | 40 years | Apr 2019 | - | Director | |
| Mr Johnathan Clarke | 32 years | Apr 2019 | - | Director | |
| Mr Philippe Costa | 33 years | Nov 2023 | - | Director | |
| Mr Philip Wellard | 47 years | Nov 2023 | - | Director |
TASK CORPORATION LIMITED financials
Task Corporation Limited's latest turnover from March 2023 is £8 million and the company has net assets of £4.7 million. According to their latest financial statements, Task Corporation Limited has 68 employees and maintains cash reserves of £753.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,975,716 | 7,430,729 | 0 | 0 | 0 | 420,000 | 420,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 6,042,564 | 5,487,609 | 0 | 0 | 0 | |||||||||
| Gross Profit | 1,933,152 | 1,943,120 | 0 | 0 | 0 | |||||||||
| Admin Expenses | 1,446,572 | 1,038,424 | 0 | 0 | 0 | |||||||||
| Operating Profit | 486,580 | 904,696 | 0 | 0 | 0 | 384,201 | 79,382 | |||||||
| Interest Payable | 1,832 | 0 | 0 | 0 | 0 | 0 | 751 | |||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 3 | 1 | |||||||
| Pre-Tax Profit | 484,748 | 904,696 | 3,991,224 | 239,258 | 1,016,444 | 384,204 | 1,078,632 | |||||||
| Tax | -22,842 | 3,318 | 0 | 0 | 0 | -112,005 | -20,056 | |||||||
| Profit After Tax | 461,906 | 908,014 | 3,991,224 | 239,258 | 1,016,444 | 272,199 | 1,058,576 | |||||||
| Dividends Paid | 327,622 | 154,000 | 3,205,491 | 239,258 | 1,016,444 | 0 | 1,000,000 | |||||||
| Retained Profit | 134,284 | 754,014 | 785,733 | 0 | 0 | 272,199 | 58,576 | |||||||
| Employee Costs | 3,406,038 | 2,590,544 | 0 | 0 | 0 | 0 | 304,560 | |||||||
| Number Of Employees | 68 | 65 | 58 | 70 | 65 | 68 | 71 | 2 | 3 | 3 | 3 | |||
| EBITDA* | 570,887 | 983,161 | 0 | 0 | 0 | 415,884 | 115,210 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 203,066 | 118,650 | 169,474 | 227,745 | 297,414 | 295,901 | 330,937 | 243,664 | 0 | 0 | 0 | 0 | 992,794 | 1,024,477 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,100 | 1,100 | 1,100 | 0 | 0 | 1,100 | 1,100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 203,066 | 118,650 | 169,474 | 227,745 | 297,414 | 295,901 | 330,937 | 244,764 | 1,100 | 1,100 | 0 | 0 | 993,894 | 1,025,577 |
| Stock & work in progress | 252,792 | 457,408 | 434,719 | 177,296 | 211,951 | 172,951 | 235,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,254,130 | 1,325,982 | 622,155 | 1,121,138 | 1,611,140 | 1,568,937 | 1,716,298 | 0 | 1,757,527 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 3,000,000 | 2,690,000 | 2,250,000 | 2,030,000 | 1,490,000 | 990,000 | 322,910 | 322,910 | 0 | 1,757,527 | 0 | 0 | 731,149 | 704,881 |
| Misc Debtors | 447,586 | 48,527 | 75,775 | 146,727 | 70,146 | 155,960 | 58,816 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 753,541 | 832,363 | 1,528,247 | 1,212,840 | 818,544 | 1,299,761 | 1,339,921 | 625,990 | 0 | 0 | 0 | 0 | 2,047 | 32,989 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,708,049 | 5,354,280 | 4,910,896 | 4,688,001 | 4,201,781 | 4,187,609 | 3,673,819 | 948,900 | 1,757,527 | 1,757,527 | 0 | 0 | 733,196 | 737,870 |
| total assets | 5,911,115 | 5,472,930 | 5,080,370 | 4,915,746 | 4,499,195 | 4,483,510 | 4,004,756 | 1,193,664 | 1,758,627 | 1,758,627 | 0 | 0 | 1,727,090 | 1,763,447 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 667,413 | 536,380 | 374,866 | 475,987 | 408,499 | 485,074 | 459,867 | 82,931 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 11,000 | 11,000 | 11,000 | 0 | 0 | 0 | 5,240 | 0 | 1,434,617 | 1,434,617 | 0 | 0 | 511,558 | 607,503 |
| other short term finances | 0 | 0 | 28,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 14,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 492,278 | 373,078 | 292,781 | 277,261 | 567,514 | 692,215 | 814,447 | 20,926 | 19,936 | 19,936 | 0 | 0 | 116,120 | 328,731 |
| total current liabilities | 1,185,436 | 920,458 | 707,391 | 753,248 | 976,013 | 1,177,289 | 1,279,554 | 103,857 | 1,454,553 | 1,454,553 | 0 | 0 | 627,678 | 936,234 |
| loans | 0 | 0 | 571,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 16,028 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 42,608 | 19,713 | 22,978 | 32,240 | 38,177 | 36,393 | 40,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 58,636 | 19,713 | 594,234 | 32,240 | 38,177 | 36,393 | 40,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,244,072 | 940,171 | 1,301,625 | 785,488 | 1,014,190 | 1,213,682 | 1,320,274 | 103,857 | 1,454,553 | 1,454,553 | 0 | 0 | 627,678 | 936,234 |
| net assets | 4,667,043 | 4,532,759 | 3,778,745 | 4,130,258 | 3,485,005 | 3,269,828 | 2,684,482 | 1,089,807 | 304,074 | 304,074 | 0 | 0 | 1,099,412 | 827,213 |
| total shareholders funds | 4,667,043 | 4,532,759 | 3,778,745 | 4,130,258 | 3,485,005 | 3,269,828 | 2,684,482 | 1,089,807 | 304,074 | 304,074 | 0 | 0 | 1,099,412 | 827,213 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 486,580 | 904,696 | 0 | 0 | 0 | 384,201 | 79,382 | |||||||
| Depreciation | 84,307 | 78,465 | 44,825 | 86,638 | 84,194 | 68,375 | 53,164 | 0 | 0 | 31,683 | 35,828 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -22,842 | 3,318 | 0 | 0 | 0 | -112,005 | -20,056 | |||||||
| Stock | -204,616 | 22,689 | 257,423 | -34,655 | 39,000 | -62,923 | 235,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 637,207 | 1,116,579 | -349,935 | 126,579 | 456,389 | 616,873 | 1,775,114 | -1,434,617 | 0 | 1,757,527 | 0 | -731,149 | 26,268 | 704,881 |
| Creditors | 131,033 | 161,514 | -101,121 | 67,488 | -76,575 | 25,207 | 376,936 | 82,931 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 119,200 | 80,297 | 15,520 | -290,253 | -124,701 | -122,232 | 793,521 | 990 | 0 | 19,936 | 0 | -116,120 | -212,611 | 328,731 |
| Deferred Taxes & Provisions | 22,895 | -3,265 | -9,262 | -5,937 | 1,784 | -4,327 | 40,720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 388,582 | 85,757 | 0 | -1,737,591 | 65,000 | -280,996 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1,100 | 0 | 0 | 1,100 | 0 | -1,100 | 0 | 1,100 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 11,000 | 0 | 0 | -5,240 | 5,240 | -1,434,617 | 0 | 1,434,617 | 0 | -511,558 | -95,945 | 607,503 |
| Other Short Term Loans | 0 | -28,744 | 28,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -571,256 | 571,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 30,773 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,832 | 0 | 0 | 0 | 0 | 3 | -750 | |||||||
| cash flow from financing | 28,941 | -600,000 | -1,434,617 | 0 | 1,738,691 | -95,942 | 1,375,390 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | -78,822 | -695,884 | 315,407 | 394,296 | -481,217 | -40,160 | 713,931 | 625,990 | 0 | 0 | 0 | -2,047 | -30,942 | 32,989 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -78,822 | -695,884 | 315,407 | 394,296 | -481,217 | -40,160 | 713,931 | 625,990 | 0 | 0 | 0 | -2,047 | -30,942 | 32,989 |
P&L
March 2023turnover
8m
+7%
operating profit
486.6k
-46%
gross margin
24.3%
-7.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4.7m
+0.03%
total assets
5.9m
+0.08%
cash
753.5k
-0.09%
net assets
Total assets minus all liabilities
task corporation limited company details
company number
04184764
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
March 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
6 uxbridge road, melton road, leicester, leicestershire, LE4 7ST
last accounts submitted
March 2023
task corporation 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 task corporation limited. Currently there are 2 open charges and 5 have been satisfied in the past.
task corporation limited Companies House Filings - See Documents
| date | description | view/download |
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