charles river discovery research services uk limited Company Information
Company Number
04622227
Website
http://crl.comRegistered Address
robinson building, chesterford research park, saffron walden, CB10 1XL
Industry
Research and experimental development on biotechnology
Telephone
01799533500
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
biofocus dpi (holdings) limited 100%
charles river discovery research services uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED at £235m based on a Turnover of £111.6m and 2.11x industry multiple (adjusted for size and gross margin).
charles river discovery research services uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED at £302.2m based on an EBITDA of £34m and a 8.9x industry multiple (adjusted for size and gross margin).
charles river discovery research services uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED at £127.5m based on Net Assets of £59.3m and 2.15x industry multiple (adjusted for liquidity).
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Charles River Discovery Research Services Uk Limited Overview
Charles River Discovery Research Services Uk Limited is a live company located in saffron walden, CB10 1XL with a Companies House number of 04622227. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in December 2002, it's largest shareholder is biofocus dpi (holdings) limited with a 100% stake. Charles River Discovery Research Services Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £111.6m with high growth in recent years.
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Charles River Discovery Research Services Uk Limited Health Check
Pomanda's financial health check has awarded Charles River Discovery Research Services Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £111.6m, make it larger than the average company (£3.5m)
£111.6m - Charles River Discovery Research Services Uk Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a similar rate (14.1%)
15% - Charles River Discovery Research Services Uk Limited
14.1% - Industry AVG
Production
with a gross margin of 36.9%, this company has a higher cost of product (53%)
36.9% - Charles River Discovery Research Services Uk Limited
53% - Industry AVG
Profitability
an operating margin of 19.4% make it more profitable than the average company (-0.4%)
19.4% - Charles River Discovery Research Services Uk Limited
-0.4% - Industry AVG
Employees
with 669 employees, this is above the industry average (44)
669 - Charles River Discovery Research Services Uk Limited
44 - Industry AVG
Pay Structure
on an average salary of £57.9k, the company has a lower pay structure (£77.9k)
£57.9k - Charles River Discovery Research Services Uk Limited
£77.9k - Industry AVG
Efficiency
resulting in sales per employee of £166.8k, this is more efficient (£136.2k)
£166.8k - Charles River Discovery Research Services Uk Limited
£136.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (51 days)
58 days - Charles River Discovery Research Services Uk Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is quicker than average (70 days)
56 days - Charles River Discovery Research Services Uk Limited
70 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (48 days)
17 days - Charles River Discovery Research Services Uk Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (35 weeks)
6 weeks - Charles River Discovery Research Services Uk Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50%, this is a similar level of debt than the average (50%)
50% - Charles River Discovery Research Services Uk Limited
50% - Industry AVG
CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED financials
Charles River Discovery Research Services Uk Limited's latest turnover from December 2022 is £111.6 million and the company has net assets of £59.3 million. According to their latest financial statements, Charles River Discovery Research Services Uk Limited has 669 employees and maintains cash reserves of £6.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 111,578,000 | 100,230,000 | 88,162,000 | 72,734,000 | 61,258,000 | 51,345,000 | 38,954,000 | 34,956,000 | 34,549,000 | 29,626,000 | 29,612,000 | 32,628,000 | 28,283,000 | 26,544,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Cost Of Sales | 70,439,000 | 65,085,000 | 60,149,000 | 53,448,000 | 45,678,000 | 40,817,000 | 25,916,000 | 25,855,000 | ||||||
Gross Profit | 41,139,000 | 35,145,000 | 28,013,000 | 19,286,000 | 15,580,000 | 10,528,000 | 13,038,000 | 9,101,000 | ||||||
Admin Expenses | 19,520,000 | 12,110,000 | 11,648,000 | 15,001,000 | 9,662,000 | 11,285,000 | 4,431,000 | 7,590,000 | ||||||
Operating Profit | 21,619,000 | 23,035,000 | 16,365,000 | 4,285,000 | 5,918,000 | -757,000 | 8,607,000 | 1,511,000 | 1,926,000 | 387,000 | 731,000 | 3,087,000 | 1,969,000 | 3,810,000 |
Interest Payable | 417,000 | 1,095,000 | 220,000 | 401,000 | 418,000 | 14,000 | 0 | 0 | 0 | 1,000 | 9,000 | 17,000 | 53,000 | 184,000 |
Interest Receivable | 73,000 | 59,000 | 157,000 | 33,000 | 35,000 | 26,000 | 195,000 | 103,000 | 72,000 | 7,000 | 82,000 | 24,000 | 2,000 | 5,000 |
Pre-Tax Profit | 19,537,000 | 22,622,000 | 16,259,000 | 3,917,000 | 5,535,000 | -745,000 | 8,802,000 | 1,614,000 | 1,998,000 | 393,000 | 446,000 | 3,094,000 | 2,045,000 | 3,821,000 |
Tax | -2,910,000 | -3,492,000 | -1,570,000 | -1,289,000 | -243,000 | -178,000 | 53,000 | -436,000 | -194,000 | 3,503,000 | -1,457,000 | 0 | 1,457,000 | 0 |
Profit After Tax | 16,627,000 | 19,130,000 | 14,689,000 | 2,628,000 | 5,292,000 | -923,000 | 8,855,000 | 1,178,000 | 1,804,000 | 3,896,000 | -1,011,000 | 3,094,000 | 3,502,000 | 3,821,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 2,300,000 | 16,590,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 16,627,000 | 19,130,000 | 14,689,000 | 2,628,000 | 5,292,000 | -3,223,000 | -7,735,000 | 1,178,000 | 1,804,000 | 3,896,000 | -1,011,000 | 3,094,000 | 3,502,000 | 3,821,000 |
Employee Costs | 38,766,000 | 33,730,000 | 29,325,000 | 24,996,000 | 23,797,000 | 16,814,000 | 10,699,000 | 10,181,000 | 10,462,000 | 10,203,000 | 10,454,000 | 9,393,000 | 9,175,000 | 8,825,000 |
Number Of Employees | 669 | 557 | 555 | 419 | 396 | 313 | 201 | 191 | 191 | 180 | 209 | 173 | 170 | 167 |
EBITDA* | 33,958,000 | 28,409,000 | 20,727,000 | 8,043,000 | 10,648,000 | 2,211,000 | 10,817,000 | 3,737,000 | 4,021,000 | 2,873,000 | 3,180,000 | 5,473,000 | 4,570,000 | 6,447,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 24,495,000 | 8,172,000 | 6,234,000 | 7,073,000 | 5,050,000 | 6,746,000 | 3,763,000 | 3,963,000 | 3,813,000 | 3,227,000 | 3,950,000 | 3,560,000 | 4,213,000 | 4,431,000 |
Intangible Assets | 36,241,000 | 36,747,000 | 2,085,000 | 3,269,000 | 4,304,000 | 6,177,000 | 5,028,000 | 6,078,000 | 7,128,000 | 8,179,000 | 9,229,000 | 10,280,000 | 11,369,000 | 12,460,000 |
Investments & Other | 7,828,000 | 53,068,000 | 918,000 | 0 | 16,733,000 | 0 | 0 | 0 | 0 | 0 | 0 | 28,035,000 | 28,035,000 | 28,035,000 |
Debtors (Due After 1 year) | 0 | 0 | 2,531,000 | 2,400,000 | 0 | 0 | 0 | 4,500,000 | 4,500,000 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 68,564,000 | 97,987,000 | 11,768,000 | 12,742,000 | 26,087,000 | 12,923,000 | 8,791,000 | 14,541,000 | 15,441,000 | 11,406,000 | 13,179,000 | 41,875,000 | 43,617,000 | 44,926,000 |
Stock & work in progress | 3,423,000 | 347,000 | 288,000 | 530,000 | 368,000 | 383,000 | 119,000 | 1,243,000 | 0 | 0 | 0 | 0 | 351,000 | 847,000 |
Trade Debtors | 17,931,000 | 14,871,000 | 14,259,000 | 10,030,000 | 6,962,000 | 5,583,000 | 4,643,000 | 5,138,000 | 5,379,000 | 3,866,000 | 3,012,000 | 2,409,000 | 4,854,000 | 2,324,000 |
Group Debtors | 2,717,000 | 2,999,000 | 2,677,000 | 1,035,000 | 2,032,000 | 1,115,000 | 3,489,000 | 953,000 | 151,000 | 11,742,000 | 10,247,000 | 7,994,000 | 8,474,000 | 5,608,000 |
Misc Debtors | 19,797,000 | 12,572,000 | 13,056,000 | 14,179,000 | 16,970,000 | 12,882,000 | 12,213,000 | 11,100,000 | 10,972,000 | 6,215,000 | 1,996,000 | 3,487,000 | 3,012,000 | 1,271,000 |
Cash | 6,056,000 | 10,788,000 | 7,714,000 | 8,035,000 | 5,989,000 | 4,358,000 | 4,095,000 | 8,010,000 | 7,661,000 | 4,092,000 | 6,045,000 | 7,471,000 | 1,310,000 | 3,435,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 49,924,000 | 41,577,000 | 37,994,000 | 33,809,000 | 32,321,000 | 24,321,000 | 24,559,000 | 26,444,000 | 24,163,000 | 25,915,000 | 21,300,000 | 21,361,000 | 18,001,000 | 13,485,000 |
total assets | 118,488,000 | 139,564,000 | 49,762,000 | 46,551,000 | 58,408,000 | 37,244,000 | 33,350,000 | 40,985,000 | 39,604,000 | 37,321,000 | 34,479,000 | 63,236,000 | 61,618,000 | 58,411,000 |
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 | 10,895,000 | 6,974,000 | 3,055,000 | 2,169,000 | 1,931,000 | 1,767,000 | 1,057,000 | 547,000 | 391,000 | 1,525,000 | 1,694,000 | 1,542,000 | 1,750,000 | 1,064,000 |
Group/Directors Accounts | 17,256,000 | 9,591,000 | 9,276,000 | 9,988,000 | 7,443,000 | 5,168,000 | 2,355,000 | 1,251,000 | 1,698,000 | 4,832,000 | 7,084,000 | 33,400,000 | 33,528,000 | 36,745,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,000 | 105,000 | 96,000 | 251,000 |
other current liabilities | 17,020,000 | 14,698,000 | 11,599,000 | 8,074,000 | 8,854,000 | 6,244,000 | 5,224,000 | 6,708,000 | 6,405,000 | 3,127,000 | 2,102,000 | 3,950,000 | 5,473,000 | 3,702,000 |
total current liabilities | 45,171,000 | 31,263,000 | 23,930,000 | 20,231,000 | 18,228,000 | 13,179,000 | 8,636,000 | 8,506,000 | 8,494,000 | 9,484,000 | 10,909,000 | 38,997,000 | 40,847,000 | 41,762,000 |
loans | 13,279,000 | 60,725,000 | 0 | 14,500,000 | 16,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,000 | 134,000 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98,000 | 114,000 | 39,000 | 26,000 |
other liabilities | 0 | 2,500,000 | 0 | 79,000 | 217,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 779,000 | 2,040,000 | 704,000 | 670,000 | 638,000 | 4,465,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 14,058,000 | 65,265,000 | 704,000 | 15,249,000 | 17,355,000 | 4,465,000 | 0 | 0 | 0 | 0 | 98,000 | 143,000 | 173,000 | 26,000 |
total liabilities | 59,229,000 | 96,528,000 | 24,634,000 | 35,480,000 | 35,583,000 | 17,644,000 | 8,636,000 | 8,506,000 | 8,494,000 | 9,484,000 | 11,007,000 | 39,140,000 | 41,020,000 | 41,788,000 |
net assets | 59,259,000 | 43,036,000 | 25,128,000 | 11,071,000 | 22,825,000 | 19,600,000 | 24,714,000 | 32,479,000 | 31,110,000 | 27,837,000 | 23,472,000 | 24,096,000 | 20,598,000 | 16,623,000 |
total shareholders funds | 59,259,000 | 43,036,000 | 25,128,000 | 11,071,000 | 22,825,000 | 19,600,000 | 24,714,000 | 32,479,000 | 31,110,000 | 27,837,000 | 23,472,000 | 24,096,000 | 20,598,000 | 16,623,000 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 21,619,000 | 23,035,000 | 16,365,000 | 4,285,000 | 5,918,000 | -757,000 | 8,607,000 | 1,511,000 | 1,926,000 | 387,000 | 731,000 | 3,087,000 | 1,969,000 | 3,810,000 |
Depreciation | 7,719,000 | 2,132,000 | 3,178,000 | 2,454,000 | 2,365,000 | 1,154,000 | 1,160,000 | 1,176,000 | 1,044,000 | 1,436,000 | 1,398,000 | 1,297,000 | 1,510,000 | 1,533,000 |
Amortisation | 4,620,000 | 3,242,000 | 1,184,000 | 1,304,000 | 2,365,000 | 1,814,000 | 1,050,000 | 1,050,000 | 1,051,000 | 1,050,000 | 1,051,000 | 1,089,000 | 1,091,000 | 1,104,000 |
Tax | -2,910,000 | -3,492,000 | -1,570,000 | -1,289,000 | -243,000 | -178,000 | 53,000 | -436,000 | -194,000 | 3,503,000 | -1,457,000 | 0 | 1,457,000 | 0 |
Stock | 3,076,000 | 59,000 | -242,000 | 162,000 | -15,000 | 264,000 | -1,124,000 | 1,243,000 | 0 | 0 | 0 | -351,000 | -496,000 | 847,000 |
Debtors | 10,003,000 | -2,081,000 | 4,879,000 | 1,680,000 | 6,384,000 | -765,000 | -1,346,000 | 689,000 | -821,000 | 6,568,000 | 1,365,000 | -2,450,000 | 7,137,000 | 9,203,000 |
Creditors | 3,921,000 | 3,919,000 | 886,000 | 238,000 | 164,000 | 710,000 | 510,000 | 156,000 | -1,134,000 | -169,000 | 152,000 | -208,000 | 686,000 | 1,064,000 |
Accruals and Deferred Income | 2,322,000 | 3,099,000 | 3,525,000 | -780,000 | 2,610,000 | 1,020,000 | -1,484,000 | 303,000 | 3,278,000 | 927,000 | -1,864,000 | -1,448,000 | 1,784,000 | 3,728,000 |
Deferred Taxes & Provisions | -1,261,000 | 1,336,000 | 34,000 | 32,000 | -3,827,000 | 4,465,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 22,951,000 | 35,293,000 | 18,965,000 | 4,402,000 | 2,983,000 | 8,729,000 | 12,366,000 | 1,828,000 | 6,792,000 | 566,000 | -1,354,000 | 6,618,000 | 1,856,000 | 1,189,000 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | -45,240,000 | 52,150,000 | 918,000 | -16,733,000 | 16,733,000 | 0 | 0 | 0 | 0 | 0 | -28,035,000 | 0 | 0 | 28,035,000 |
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 | 7,665,000 | 315,000 | -712,000 | 2,545,000 | 2,275,000 | 2,813,000 | 1,104,000 | -447,000 | -3,134,000 | -2,252,000 | -26,316,000 | -128,000 | -3,217,000 | 36,745,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -47,446,000 | 60,725,000 | -14,500,000 | -2,000,000 | 16,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,000 | -105,000 | -96,000 | -21,000 | 251,000 |
other long term liabilities | -2,500,000 | 2,500,000 | -79,000 | -138,000 | 217,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -344,000 | -1,036,000 | -63,000 | -368,000 | -383,000 | 12,000 | 195,000 | 103,000 | 72,000 | 6,000 | 73,000 | 7,000 | -51,000 | -179,000 |
cash flow from financing | -43,029,000 | 61,282,000 | -15,986,000 | -14,343,000 | 16,542,000 | 934,000 | 1,269,000 | -153,000 | -1,593,000 | -1,806,000 | -25,961,000 | 187,000 | -2,816,000 | 49,619,000 |
cash and cash equivalents | ||||||||||||||
cash | -4,732,000 | 3,074,000 | -321,000 | 2,046,000 | 1,631,000 | 263,000 | -3,915,000 | 349,000 | 3,569,000 | -1,953,000 | -1,426,000 | 6,161,000 | -2,125,000 | 3,435,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,732,000 | 3,074,000 | -321,000 | 2,046,000 | 1,631,000 | 263,000 | -3,915,000 | 349,000 | 3,569,000 | -1,953,000 | -1,426,000 | 6,161,000 | -2,125,000 | 3,435,000 |
charles river discovery research services uk limited Credit Report and Business Information
Charles River Discovery Research Services Uk Limited Competitor Analysis
Perform a competitor analysis for charles river discovery research services uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
charles river discovery research services uk limited Ownership
CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED group structure
Charles River Discovery Research Services Uk Limited has 1 subsidiary company.
Ultimate parent company
CHARLES RIVER LABORATORIES INTERNATIONAL
#0011911
2 parents
CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED
04622227
1 subsidiary
charles river discovery research services uk limited directors
Charles River Discovery Research Services Uk Limited currently has 5 directors. The longest serving directors include Ms Birgit Girshick (Sep 2016) and Dr Jacqueline MacRitchie (Nov 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Birgit Girshick | United States | 54 years | Sep 2016 | - | Director |
Dr Jacqueline MacRitchie | England | 57 years | Nov 2017 | - | Director |
Miss Sarah Price | 65 years | May 2020 | - | Director | |
Mr Brent Greetham | England | 48 years | Jun 2022 | - | Director |
Ms Kerstin Dolph | United States | 43 years | Oct 2022 | - | Director |
P&L
December 2022turnover
111.6m
+11%
operating profit
21.6m
-6%
gross margin
36.9%
+5.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
59.3m
+0.38%
total assets
118.5m
-0.15%
cash
6.1m
-0.44%
net assets
Total assets minus all liabilities
charles river discovery research services uk limited company details
company number
04622227
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
December 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
biofocus dpi ltd (March 2017)
biofocus discovery limited (June 2007)
incorporated
UK
address
robinson building, chesterford research park, saffron walden, CB10 1XL
last accounts submitted
December 2022
charles river discovery research services 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 found 1 charges/mortgages relating to charles river discovery research services uk limited. Currently there are 0 open charges and 1 have been satisfied in the past.
charles river discovery research services uk limited Companies House Filings - See Documents
date | description | view/download |
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