blackboard (uk) limited

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blackboard (uk) limited Company Information

Share BLACKBOARD (UK) LIMITED

Company Number

04357450

Shareholders

blackboard international bv

Group Structure

View All

Industry

Other education n.e.c.

 

Registered Address

c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ

blackboard (uk) limited Estimated Valuation

£18m

Pomanda estimates the enterprise value of BLACKBOARD (UK) LIMITED at £18m based on a Turnover of £13.8m and 1.31x industry multiple (adjusted for size and gross margin).

blackboard (uk) limited Estimated Valuation

£39.2m

Pomanda estimates the enterprise value of BLACKBOARD (UK) LIMITED at £39.2m based on an EBITDA of £5.6m and a 7.03x industry multiple (adjusted for size and gross margin).

blackboard (uk) limited Estimated Valuation

£178.2m

Pomanda estimates the enterprise value of BLACKBOARD (UK) LIMITED at £178.2m based on Net Assets of £80.2m and 2.22x industry multiple (adjusted for liquidity).

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Blackboard (uk) Limited Overview

Blackboard (uk) Limited is a live company located in london, EC2R 7HJ with a Companies House number of 04357450. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in January 2002, it's largest shareholder is blackboard international bv with a 100% stake. Blackboard (uk) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.8m with declining growth in recent years.

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Blackboard (uk) Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £13.8m, make it larger than the average company (£477.4k)

£13.8m - Blackboard (uk) Limited

£477.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.3%)

-4% - Blackboard (uk) Limited

4.3% - Industry AVG

production

Production

with a gross margin of 93.8%, this company has a lower cost of product (57.4%)

93.8% - Blackboard (uk) Limited

57.4% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it less profitable than the average company (5.7%)

4.2% - Blackboard (uk) Limited

5.7% - Industry AVG

employees

Employees

with 36 employees, this is above the industry average (13)

36 - Blackboard (uk) Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £113.3k, the company has a higher pay structure (£28.5k)

£113.3k - Blackboard (uk) Limited

£28.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £382.8k, this is more efficient (£50.6k)

£382.8k - Blackboard (uk) Limited

£50.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Blackboard (uk) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (24 days)

64 days - Blackboard (uk) Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blackboard (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (117 weeks)

1 weeks - Blackboard (uk) Limited

117 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.9%, this is a higher level of debt than the average (24.2%)

28.9% - Blackboard (uk) Limited

24.2% - Industry AVG

BLACKBOARD (UK) LIMITED financials

EXPORTms excel logo

Blackboard (Uk) Limited's latest turnover from June 2023 is £13.8 million and the company has net assets of £80.2 million. According to their latest financial statements, Blackboard (Uk) Limited has 36 employees and maintains cash reserves of £787.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover13,782,02956,991,34015,676,24134,236,42333,855,31330,173,41837,032,79313,631,98210,359,8636,393,9844,627,5983,617,9512,792,2232,777,450
Other Income Or Grants
Cost Of Sales857,5291,344,2131,243,5962,191,5582,462,8472,402,1894,022,4022,976,270899,2641,227,3962,336,572750,3791,422,246
Gross Profit12,924,50055,647,12714,432,64532,044,86531,392,46627,771,22933,010,39110,655,7129,460,5995,166,5882,291,0262,867,5721,369,977
Admin Expenses12,344,85745,764,93025,466,43930,741,88232,744,97036,215,53030,857,5029,837,1268,095,4815,326,3072,828,3812,623,8791,230,138-271,572
Operating Profit579,6439,882,197-11,033,7941,302,983-1,352,504-8,444,3012,152,889818,5861,365,118-159,719-537,355243,693139,839271,572
Interest Payable466,641113,03531,659179,790109,92842,24670,21758,40757,19823,14020,07211,3971641,013
Interest Receivable3,352,8961,827,522292,134830,452525,468314,804120,861102,22474,05245,03338,44244,10113,6963,380
Pre-Tax Profit3,465,89849,508,188-10,773,3191,953,645-936,964-8,171,7432,203,533862,4031,381,972-137,826-518,985447,233153,371273,939
Tax-737,915-19,931,7901,748,302-193,216291,0691,141,957-518,428-867,911-193,237-8,05335,051-41,653-45,969-78,658
Profit After Tax2,727,98329,576,398-9,025,0171,760,429-645,895-7,029,7861,685,105-5,5081,188,735-145,879-483,934405,580107,402195,281
Dividends Paid1,044,848
Retained Profit2,727,98329,576,398-9,025,0171,760,429-645,895-7,029,7861,685,105-5,5081,188,735-145,879-483,934-639,268107,402195,281
Employee Costs4,078,7236,456,8906,242,6147,116,9527,924,9368,847,5795,465,3694,808,0054,613,6162,952,5642,210,6661,708,78240,5372,006,849
Number Of Employees36415060637166605912494745922
EBITDA*5,573,73617,485,920-5,288,0987,296,7714,689,283-2,425,9742,430,756920,3801,467,869-64,353-537,355243,693139,839271,572

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets11313,90916,41918,09219,76510,10028,46379,547147,884219,136123,684154,671
Intangible Assets33,152,14338,132,44045,733,65451,432,62757,424,74263,454,75669,454,72078,497111,244143,991176,738209,485
Investments & Other10,042,9639,130,703111,1111,474
Debtors (Due After 1 year)
Total Fixed Assets33,152,25638,146,34945,750,07351,450,71957,444,50763,464,85669,483,18310,201,0079,389,831363,128300,423365,2671,474
Stock & work in progress
Trade Debtors
Group Debtors78,080,84777,958,98115,891,97531,659,52817,976,0708,473,98014,297,4334,646,3865,127,4504,296,6974,098,5652,094,9051,030,037588,774
Misc Debtors739,210459,6131,865,870871,1001,871,5192,264,7723,016,149624,900534,079910,570353,000256,35544,81916,193
Cash787,2161,018,50759,80243,4611,9761,6516,7485,81653,29592,187153,484160,469189,568234,228
misc current assets
total current assets79,607,27379,437,10117,817,64732,574,08919,849,56510,740,40317,320,3305,277,1025,714,8245,299,4544,605,0492,511,7291,264,424839,195
total assets112,759,529117,583,45063,567,72084,024,80877,294,07274,205,25986,803,51315,478,10915,104,6555,662,5824,905,4722,876,9961,265,898839,195
Bank overdraft
Bank loan
Trade Creditors 150,54867,84588,42472,07286,584221,910137,592487,6085,51550,5779,440
Group/Directors Accounts14,643,07521,649,16514,631,02224,151,82318,304,89314,526,72418,002,90810,837,03211,461,9554,377,3684,034,5602,290,830360,01632,765
other short term finances
hp & lease commitments
other current liabilities17,785,43618,413,911955,7361,099,8352,117,1082,086,0573,655,7763,258,0052,505,7361,824,2911,296,149547,594228,043235,993
total current liabilities32,579,05940,130,92115,675,18225,323,73020,508,58516,834,69121,796,27614,582,64513,973,2066,252,2365,340,1492,838,424588,059268,758
loans
hp & lease commitments
Accruals and Deferred Income15,75115,79332,2002,93931,927368,6171,58610,684
other liabilities139,57411,044
provisions
total long term liabilities15,75115,79332,200139,57411,0442,93931,927368,6171,58610,684
total liabilities32,594,81040,146,71415,707,38225,463,30420,519,62916,834,69121,799,21514,614,57214,341,8236,253,8225,350,8332,838,424588,059268,758
net assets80,164,71977,436,73647,860,33858,561,50456,774,44357,370,56865,004,298863,537762,832-591,240-445,36138,572677,839570,437
total shareholders funds80,164,71977,436,73647,860,33858,561,50456,774,44357,370,56865,004,298863,537762,832-591,240-445,36138,572677,839570,437
Jun 2023Jun 2022Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit579,6439,882,197-11,033,7941,302,983-1,352,504-8,444,3012,152,889818,5861,365,118-159,719-537,355243,693139,839271,572
Depreciation13,7962,51046,7231,67311,77318,36354,08469,04770,00462,619
Amortisation4,980,2977,601,2135,698,9735,992,1156,030,0145,999,964223,78332,74732,74732,747
Tax-737,915-19,931,7901,748,302-193,216291,0691,141,957-518,428-867,911-193,237-8,05335,051-41,653-45,969-78,658
Stock
Debtors401,46378,418,594-14,772,78312,683,0399,108,837-6,574,83012,042,296-390,243454,262755,7022,100,3051,276,404469,889604,967
Creditors82,70367,84516,352-14,512-135,32684,318-350,016482,093-45,06241,1379,440
Accruals and Deferred Income-628,51718,429,704-111,899-1,017,27331,051-1,572,658368,783415,5791,048,476519,044759,239319,551-7,950235,993
Deferred Taxes & Provisions
Cash flow from operations3,888,544-62,366,91511,137,440-6,611,269-4,232,7603,802,473-10,111,2011,340,3841,823,784-267,927-1,833,930-754,813-383,969-176,060
Investing Activities
capital expenditure-21,438-710-614-158,07163,734-364,156
Change in Investments-10,042,963912,2609,130,702-1,110-3631,474
cash flow from investments-21,43810,042,963-912,970-9,131,316-158,07164,844-363,793-1,474
Financing Activities
Bank loans
Group/Directors Accounts-7,006,09021,649,165-9,520,8015,846,9303,778,169-3,476,1847,165,876-624,9237,084,587342,8081,743,7301,930,814327,25132,765
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-139,574128,53011,044
share issue47,860,338-1,676,14926,63249,770-603,94462,455,656106,213165,33711375,156
interest2,886,2551,714,487260,475650,662415,540272,55850,64443,81716,85421,89318,37032,70413,5322,367
cash flow from financing-4,119,83571,223,990-11,076,0496,652,7544,254,523-3,807,57069,672,176-474,8937,266,778364,7011,762,1011,963,519340,783410,288
cash and cash equivalents
cash-231,2911,018,50716,34141,485325-5,097932-47,479-38,892-61,297-6,985-29,099-44,660234,228
overdraft
change in cash-231,2911,018,50716,34141,485325-5,097932-47,479-38,892-61,297-6,985-29,099-44,660234,228

blackboard (uk) 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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Blackboard (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for blackboard (uk) limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.

blackboard (uk) limited Ownership

BLACKBOARD (UK) LIMITED group structure

Blackboard (Uk) Limited has no subsidiary companies.

Ultimate parent company

BLACKBOARD SUPER HOLDCO INC

#0091934

BLACKBOARD INTERNATIONAL BV

#0045695

2 parents

BLACKBOARD (UK) LIMITED

04357450

BLACKBOARD (UK) LIMITED Shareholders

blackboard international bv 100%

blackboard (uk) limited directors

Blackboard (Uk) Limited currently has 3 directors. The longest serving directors include Mr Bruce Dahlgren (Nov 2023) and Mr Garrick Bernstein (Nov 2023).

officercountryagestartendrole
Mr Bruce DahlgrenUnited Kingdom63 years Nov 2023- Director
Mr Garrick BernsteinUnited Kingdom46 years Nov 2023- Director
Mr Michael PohoryloUnited Kingdom43 years Oct 2024- Director

P&L

June 2023

turnover

13.8m

-76%

operating profit

579.6k

-94%

gross margin

93.8%

-3.96%

turnover

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

Balance Sheet

June 2023

net assets

80.2m

+0.04%

total assets

112.8m

-0.04%

cash

787.2k

-0.23%

net assets

Total assets minus all liabilities

blackboard (uk) limited company details

company number

04357450

Type

Private limited with Share Capital

industry

85590 - Other education n.e.c.

incorporation date

January 2002

age

23

incorporated

UK

ultimate parent company

BLACKBOARD SUPER HOLDCO INC

accounts

Full Accounts

last accounts submitted

June 2023

previous names

webct (uk) limited (October 2006)

accountant

-

auditor

CROWE U.K. LLP

address

c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

blackboard (uk) 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 did not find charges/mortgages relating to blackboard (uk) limited.

blackboard (uk) 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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blackboard (uk) limited Companies House Filings - See Documents

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