charles river discovery research services uk limited

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charles river discovery research services uk limited Company Information

Share CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED
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MatureMegaHigh

Company Number

04622227

Registered 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

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Directors

Birgit Girshick7 Years

Jacqueline MacRitchie6 Years

View All

Shareholders

biofocus dpi (holdings) limited 100%

charles river discovery research services uk limited Estimated Valuation

£235m

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

£302.2m

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

£127.5m

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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

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

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

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

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

Employees

with 669 employees, this is above the industry average (44)

669 - Charles River Discovery Research Services Uk Limited

44 - Industry AVG

paystructure

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

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

debtordays

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

creditordays

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

stockdays

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

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover111,578,000100,230,00088,162,00072,734,00061,258,00051,345,00038,954,00034,956,00034,549,00029,626,00029,612,00032,628,00028,283,00026,544,000
Other Income Or Grants00000000000000
Cost Of Sales70,439,00065,085,00060,149,00053,448,00045,678,00040,817,00025,916,00025,855,00017,457,22115,650,78615,335,10215,984,58413,189,1940
Gross Profit41,139,00035,145,00028,013,00019,286,00015,580,00010,528,00013,038,0009,101,00017,091,77913,975,21414,276,89816,643,41615,093,8060
Admin Expenses19,520,00012,110,00011,648,00015,001,0009,662,00011,285,0004,431,0007,590,00015,165,77913,588,21413,545,89813,556,41613,124,806-3,810,000
Operating Profit21,619,00023,035,00016,365,0004,285,0005,918,000-757,0008,607,0001,511,0001,926,000387,000731,0003,087,0001,969,0003,810,000
Interest Payable417,0001,095,000220,000401,000418,00014,0000001,0009,00017,00053,000184,000
Interest Receivable73,00059,000157,00033,00035,00026,000195,000103,00072,0007,00082,00024,0002,0005,000
Pre-Tax Profit19,537,00022,622,00016,259,0003,917,0005,535,000-745,0008,802,0001,614,0001,998,000393,000446,0003,094,0002,045,0003,821,000
Tax-2,910,000-3,492,000-1,570,000-1,289,000-243,000-178,00053,000-436,000-194,0003,503,000-1,457,00001,457,0000
Profit After Tax16,627,00019,130,00014,689,0002,628,0005,292,000-923,0008,855,0001,178,0001,804,0003,896,000-1,011,0003,094,0003,502,0003,821,000
Dividends Paid000002,300,00016,590,0000000000
Retained Profit16,627,00019,130,00014,689,0002,628,0005,292,000-3,223,000-7,735,0001,178,0001,804,0003,896,000-1,011,0003,094,0003,502,0003,821,000
Employee Costs38,766,00033,730,00029,325,00024,996,00023,797,00016,814,00010,699,00010,181,00010,462,00010,203,00010,454,0009,393,0009,175,0008,825,000
Number Of Employees669557555419396313201191191180209173170167
EBITDA*33,958,00028,409,00020,727,0008,043,00010,648,0002,211,00010,817,0003,737,0004,021,0002,873,0003,180,0005,473,0004,570,0006,447,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets24,495,0008,172,0006,234,0007,073,0005,050,0006,746,0003,763,0003,963,0003,813,0003,227,0003,950,0003,560,0004,213,0004,431,000
Intangible Assets36,241,00036,747,0002,085,0003,269,0004,304,0006,177,0005,028,0006,078,0007,128,0008,179,0009,229,00010,280,00011,369,00012,460,000
Investments & Other7,828,00053,068,000918,000016,733,00000000028,035,00028,035,00028,035,000
Debtors (Due After 1 year)002,531,0002,400,0000004,500,0004,500,00000000
Total Fixed Assets68,564,00097,987,00011,768,00012,742,00026,087,00012,923,0008,791,00014,541,00015,441,00011,406,00013,179,00041,875,00043,617,00044,926,000
Stock & work in progress3,423,000347,000288,000530,000368,000383,000119,0001,243,0000000351,000847,000
Trade Debtors17,931,00014,871,00014,259,00010,030,0006,962,0005,583,0004,643,0005,138,0005,379,0003,866,0003,012,0002,409,0004,854,0002,324,000
Group Debtors2,717,0002,999,0002,677,0001,035,0002,032,0001,115,0003,489,000953,000151,00011,742,00010,247,0007,994,0008,474,0005,608,000
Misc Debtors19,797,00012,572,00013,056,00014,179,00016,970,00012,882,00012,213,00011,100,00010,972,0006,215,0001,996,0003,487,0003,012,0001,271,000
Cash6,056,00010,788,0007,714,0008,035,0005,989,0004,358,0004,095,0008,010,0007,661,0004,092,0006,045,0007,471,0001,310,0003,435,000
misc current assets00000000000000
total current assets49,924,00041,577,00037,994,00033,809,00032,321,00024,321,00024,559,00026,444,00024,163,00025,915,00021,300,00021,361,00018,001,00013,485,000
total assets118,488,000139,564,00049,762,00046,551,00058,408,00037,244,00033,350,00040,985,00039,604,00037,321,00034,479,00063,236,00061,618,00058,411,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 10,895,0006,974,0003,055,0002,169,0001,931,0001,767,0001,057,000547,000391,0001,525,0001,694,0001,542,0001,750,0001,064,000
Group/Directors Accounts17,256,0009,591,0009,276,0009,988,0007,443,0005,168,0002,355,0001,251,0001,698,0004,832,0007,084,00033,400,00033,528,00036,745,000
other short term finances00000000000000
hp & lease commitments000000000029,000105,00096,000251,000
other current liabilities17,020,00014,698,00011,599,0008,074,0008,854,0006,244,0005,224,0006,708,0006,405,0003,127,0002,102,0003,950,0005,473,0003,702,000
total current liabilities45,171,00031,263,00023,930,00020,231,00018,228,00013,179,0008,636,0008,506,0008,494,0009,484,00010,909,00038,997,00040,847,00041,762,000
loans13,279,00060,725,000014,500,00016,500,000000000000
hp & lease commitments0000000000029,000134,0000
Accruals and Deferred Income000000000098,000114,00039,00026,000
other liabilities02,500,000079,000217,000000000000
provisions779,0002,040,000704,000670,000638,0004,465,00000000000
total long term liabilities14,058,00065,265,000704,00015,249,00017,355,0004,465,000000098,000143,000173,00026,000
total liabilities59,229,00096,528,00024,634,00035,480,00035,583,00017,644,0008,636,0008,506,0008,494,0009,484,00011,007,00039,140,00041,020,00041,788,000
net assets59,259,00043,036,00025,128,00011,071,00022,825,00019,600,00024,714,00032,479,00031,110,00027,837,00023,472,00024,096,00020,598,00016,623,000
total shareholders funds59,259,00043,036,00025,128,00011,071,00022,825,00019,600,00024,714,00032,479,00031,110,00027,837,00023,472,00024,096,00020,598,00016,623,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit21,619,00023,035,00016,365,0004,285,0005,918,000-757,0008,607,0001,511,0001,926,000387,000731,0003,087,0001,969,0003,810,000
Depreciation7,719,0002,132,0003,178,0002,454,0002,365,0001,154,0001,160,0001,176,0001,044,0001,436,0001,398,0001,297,0001,510,0001,533,000
Amortisation4,620,0003,242,0001,184,0001,304,0002,365,0001,814,0001,050,0001,050,0001,051,0001,050,0001,051,0001,089,0001,091,0001,104,000
Tax-2,910,000-3,492,000-1,570,000-1,289,000-243,000-178,00053,000-436,000-194,0003,503,000-1,457,00001,457,0000
Stock3,076,00059,000-242,000162,000-15,000264,000-1,124,0001,243,000000-351,000-496,000847,000
Debtors10,003,000-2,081,0004,879,0001,680,0006,384,000-765,000-1,346,000689,000-821,0006,568,0001,365,000-2,450,0007,137,0009,203,000
Creditors3,921,0003,919,000886,000238,000164,000710,000510,000156,000-1,134,000-169,000152,000-208,000686,0001,064,000
Accruals and Deferred Income2,322,0003,099,0003,525,000-780,0002,610,0001,020,000-1,484,000303,0003,278,000927,000-1,864,000-1,448,0001,784,0003,728,000
Deferred Taxes & Provisions-1,261,0001,336,00034,00032,000-3,827,0004,465,00000000000
Cash flow from operations22,951,00035,293,00018,965,0004,402,0002,983,0008,729,00012,366,0001,828,0006,792,000566,000-1,354,0006,618,0001,856,0001,189,000
Investing Activities
capital expenditure-28,156,000-41,974,000-2,339,000-4,746,000-1,161,000-7,100,000-960,000-1,326,000-1,630,000-713,000-1,788,000-644,000-1,292,000-19,528,000
Change in Investments-45,240,00052,150,000918,000-16,733,00016,733,00000000-28,035,0000028,035,000
cash flow from investments17,084,000-94,124,000-3,257,00011,987,000-17,894,000-7,100,000-960,000-1,326,000-1,630,000-713,00026,247,000-644,000-1,292,000-47,563,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts7,665,000315,000-712,0002,545,0002,275,0002,813,0001,104,000-447,000-3,134,000-2,252,000-26,316,000-128,000-3,217,00036,745,000
Other Short Term Loans 00000000000000
Long term loans-47,446,00060,725,000-14,500,000-2,000,00016,500,000000000000
Hire Purchase and Lease Commitments000000000-29,000-105,000-96,000-21,000251,000
other long term liabilities-2,500,0002,500,000-79,000-138,000217,000000000000
share issue-404,000-1,222,000-632,000-14,382,000-2,067,000-1,891,000-30,000191,0001,469,000469,000387,000404,000473,00012,802,000
interest-344,000-1,036,000-63,000-368,000-383,00012,000195,000103,00072,0006,00073,0007,000-51,000-179,000
cash flow from financing-43,029,00061,282,000-15,986,000-14,343,00016,542,000934,0001,269,000-153,000-1,593,000-1,806,000-25,961,000187,000-2,816,00049,619,000
cash and cash equivalents
cash-4,732,0003,074,000-321,0002,046,0001,631,000263,000-3,915,000349,0003,569,000-1,953,000-1,426,0006,161,000-2,125,0003,435,000
overdraft00000000000000
change in cash-4,732,0003,074,000-321,0002,046,0001,631,000263,000-3,915,000349,0003,569,000-1,953,000-1,426,0006,161,000-2,125,0003,435,000

charles river discovery research services uk limited Credit Report and Business Information

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High Risk20 - 30
Very High Risk0 - 20
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Charles River Discovery Research Services Uk Limited Competitor Analysis

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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 Shareholders

biofocus dpi (holdings) limited 100%

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).

officercountryagestartendrole
Ms Birgit GirshickUnited States54 years Sep 2016- Director
Dr Jacqueline MacRitchieEngland57 years Nov 2017- Director
Miss Sarah Price65 years May 2020- Director
Mr Brent GreethamEngland48 years Jun 2022- Director
Ms Kerstin DolphUnited States43 years Oct 2022- Director

P&L

December 2022

turnover

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 2022

net 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

CHARLES RIVER LABORATORIES INTERNATIONAL

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.

charges

charles river discovery research services uk limited Companies House Filings - See Documents

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