centre for process innovation limited

centre for process innovation limited Company Information

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Company Number

05002194

Industry

Other business support service activities n.e.c.

 

Other research and experimental development on natural sciences and engineering

 
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Directors

Nigel Perry

Mark Gibson

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Shareholders

-

Group Structure

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Contact

Registered Address

wilton centre, wilton, redcar, cleveland, TS10 4RF

centre for process innovation limited Estimated Valuation

£153.7m

Pomanda estimates the enterprise value of CENTRE FOR PROCESS INNOVATION LIMITED at £153.7m based on a Turnover of £68.2m and 2.25x industry multiple (adjusted for size and gross margin).

centre for process innovation limited Estimated Valuation

£109m

Pomanda estimates the enterprise value of CENTRE FOR PROCESS INNOVATION LIMITED at £109m based on an EBITDA of £9.7m and a 11.21x industry multiple (adjusted for size and gross margin).

centre for process innovation limited Estimated Valuation

£211.6m

Pomanda estimates the enterprise value of CENTRE FOR PROCESS INNOVATION LIMITED at £211.6m based on Net Assets of £93.6m and 2.26x industry multiple (adjusted for liquidity).

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Centre For Process Innovation Limited Overview

Centre For Process Innovation Limited is a live company located in redcar, TS10 4RF with a Companies House number of 05002194. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in December 2003, it's largest shareholder is unknown. Centre For Process Innovation Limited is a mature, large sized company, Pomanda has estimated its turnover at £68.2m with healthy growth in recent years.

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Centre For Process Innovation Limited Health Check

Pomanda's financial health check has awarded Centre For Process Innovation Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £68.2m, make it larger than the average company (£3m)

£68.2m - Centre For Process Innovation Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (9.3%)

13% - Centre For Process Innovation Limited

9.3% - Industry AVG

production

Production

with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)

48.5% - Centre For Process Innovation Limited

48.5% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it more profitable than the average company (0.2%)

0.7% - Centre For Process Innovation Limited

0.2% - Industry AVG

employees

Employees

with 713 employees, this is above the industry average (31)

713 - Centre For Process Innovation Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.7k, the company has an equivalent pay structure (£55.9k)

£53.7k - Centre For Process Innovation Limited

£55.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.7k, this is less efficient (£113.8k)

£95.7k - Centre For Process Innovation Limited

£113.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (40 days)

30 days - Centre For Process Innovation Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 148 days, this is slower than average (39 days)

148 days - Centre For Process Innovation Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (50 days)

5 days - Centre For Process Innovation Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (44 weeks)

22 weeks - Centre For Process Innovation Limited

44 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.6%, this is a lower level of debt than the average (43.9%)

38.6% - Centre For Process Innovation Limited

43.9% - Industry AVG

CENTRE FOR PROCESS INNOVATION LIMITED financials

EXPORTms excel logo

Centre For Process Innovation Limited's latest turnover from March 2024 is £68.2 million and the company has net assets of £93.6 million. According to their latest financial statements, Centre For Process Innovation Limited has 713 employees and maintains cash reserves of £17.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover68,218,00066,904,00058,124,00047,060,00038,628,00037,397,00033,187,00026,546,00025,172,00020,609,00016,386,00014,862,00013,731,74213,585,66312,288,341
Other Income Or Grants000000000000000
Cost Of Sales35,134,77634,312,32530,086,29424,604,39820,380,73919,557,14117,173,55013,991,63713,938,54411,450,7749,093,8988,347,5437,550,2857,128,4676,294,548
Gross Profit33,083,22432,591,67528,037,70622,455,60218,247,26117,839,85916,013,45112,554,36311,233,4569,158,2267,292,1026,514,4576,181,4576,457,1965,993,793
Admin Expenses32,632,22425,050,6758,155,70619,920,60214,145,26114,910,8599,932,4517,440,363266,456-3,855,77410,733,10211,736,4576,167,6376,274,6996,007,970
Operating Profit451,0007,541,00019,882,0002,535,0004,102,0002,929,0006,081,0005,114,00010,967,00013,014,000-3,441,000-5,222,00013,820182,497-14,177
Interest Payable0126,000417,000821,0000010,0759,68810,07510,0754,00019,00016,34115,2578,748
Interest Receivable916,000366,0003,0002,000814,00036,0008,00012,00022,00020,00017,0006,0008,39510,02027,497
Pre-Tax Profit1,367,0007,781,00019,468,0001,716,0004,916,0003,228,0007,193,0005,126,00010,989,00012,693,000-3,033,000-5,235,0005,874207,772-25,940
Tax-216,000-1,164,000-6,788,0001,117,000-465,000619,000151,000746,000-313,000-1,732,0001,865,0002,106,00085,085-52,273-13,446
Profit After Tax1,151,0006,617,00012,680,0002,833,0004,451,0003,847,0007,344,0005,872,00010,676,00010,961,000-1,168,000-3,129,00090,959155,499-39,386
Dividends Paid000000000000000
Retained Profit1,151,0006,617,00012,680,0002,833,0004,451,0003,847,0007,344,0005,872,00010,676,00010,961,000-1,168,000-3,129,000110,845150,955-51,116
Employee Costs38,265,00034,108,00029,798,00025,035,00022,899,00021,394,00017,692,00014,127,00014,391,00011,564,0009,598,0008,626,0007,443,0156,598,0475,542,259
Number Of Employees713637580483442421354299284233195183166144117
EBITDA*9,725,00015,960,00028,072,00013,119,00014,562,0004,555,00016,116,00014,074,00017,849,00018,390,0001,996,000-266,0004,707,3482,944,2913,134,464

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets92,358,00090,839,00082,411,00061,004,00059,691,00060,638,00060,590,00055,943,00052,650,00042,598,00033,073,00035,925,00040,612,88837,016,56421,873,046
Intangible Assets524,000132,000233,000514,000622,000794,000271,000820,000389,00040,000139,000236,000165,13076,19617,753
Investments & Other1,091,000599,000289,000915,0001,938,0001,517,0001,254,000150,000150,000150,000150,000299,000165,354160,017129,505
Debtors (Due After 1 year)0000000000186,000284,000412,193563,305557,494
Total Fixed Assets93,973,00091,570,00082,933,00062,433,00062,251,00062,949,00062,115,00056,913,00053,189,00042,788,00033,548,00036,744,00041,355,56537,816,08222,577,798
Stock & work in progress485,000299,000399,000426,000271,000271,000190,000198,000253,000139,000110,000298,000197,016184,367137,800
Trade Debtors5,695,0006,890,00035,787,0003,482,0003,145,0003,358,0001,461,0001,796,000788,0001,062,000782,0001,382,000620,794551,127384,558
Group Debtors109,000301,0000021,00043,00016,00025,000229,00064,000108,00000020,806
Misc Debtors35,038,00030,948,000014,593,00011,691,00017,973,0009,360,00013,878,00019,453,00016,582,00021,561,0004,378,0003,766,9897,259,4924,912,520
Cash17,118,00020,016,00020,920,00030,819,00028,517,00017,043,00016,513,00010,650,0007,355,0006,557,0007,088,0007,673,0006,515,1506,509,7337,027,424
misc current assets000000000000000
total current assets58,445,00058,454,00057,106,00049,320,00043,645,00038,688,00027,540,00026,547,00028,078,00024,404,00029,649,00013,731,00011,099,94914,504,71912,483,108
total assets152,418,000150,024,000140,039,000111,753,000105,896,000101,637,00089,655,00083,460,00081,267,00067,192,00063,197,00050,475,00052,455,51452,320,80135,060,906
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 14,319,0008,915,00035,243,0002,658,0003,330,0007,945,0001,411,0003,049,0006,849,0007,220,0009,649,0001,149,0001,316,2051,930,294910,985
Group/Directors Accounts0000002,0008,00000000301,3381
other short term finances000000155,000155,000155,000155,000155,000336,000317,6791,798,0531,925,845
hp & lease commitments000000000000000
other current liabilities24,659,00028,321,000025,331,00021,868,00017,873,00016,197,00016,485,00016,446,00013,744,00020,794,00014,501,0009,374,88211,039,9529,322,108
total current liabilities38,978,00037,236,00035,243,00027,989,00025,198,00025,818,00017,765,00019,697,00023,450,00021,119,00030,598,00015,986,00011,008,76615,069,63712,158,939
loans000000000000500,0000986,081
hp & lease commitments000000000000000
Accruals and Deferred Income0000000000000021,873,822
other liabilities0000000000010,00010,00010,00010,000
provisions19,865,00020,364,00018,989,00010,637,00010,404,0009,976,0009,894,0009,111,0009,037,0007,969,0005,456,0006,184,000974,8615,369
total long term liabilities19,865,00020,364,00018,989,00010,637,00010,404,0009,976,0009,894,0009,111,0009,037,0007,969,0005,456,0006,194,000510,09714,86122,875,272
total liabilities58,843,00057,600,00054,232,00038,626,00035,602,00035,794,00027,659,00028,808,00032,487,00029,088,00036,054,00022,180,00011,518,86315,084,49835,034,211
net assets93,575,00092,424,00085,807,00073,127,00070,294,00065,843,00061,996,00054,652,00048,780,00038,104,00027,143,00028,295,00040,936,65137,221,75815,953
total shareholders funds93,575,00092,424,00085,807,00073,127,00070,294,00065,843,00061,996,00054,652,00048,780,00038,104,00027,143,00028,295,00040,936,65137,221,75815,953
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit451,0007,541,00019,882,0002,535,0004,102,0002,929,0006,081,0005,114,00010,967,00013,014,000-3,441,000-5,222,00013,820182,497-14,177
Depreciation8,931,0008,326,0007,878,00010,238,00010,166,0001,376,0009,464,0008,749,0006,842,0005,307,0005,354,0004,820,0004,684,6802,752,2803,145,858
Amortisation343,00093,000312,000346,000294,000250,000571,000211,00040,00069,00083,000136,0008,8489,5142,783
Tax-216,000-1,164,000-6,788,0001,117,000-465,000619,000151,000746,000-313,000-1,732,0001,865,0002,106,00085,085-52,273-13,446
Stock186,000-100,000-27,000155,000081,000-8,000-55,000114,00029,000-188,000100,98412,64946,567137,800
Debtors2,703,0002,352,00017,712,0003,218,000-6,517,00010,537,000-4,862,000-4,771,0002,762,000-4,929,00016,593,0001,244,024-3,573,9482,498,5465,875,378
Creditors5,404,000-26,328,00032,585,000-672,000-4,615,0006,534,000-1,638,000-3,800,000-371,000-2,429,0008,500,000-167,205-614,0891,019,309910,985
Accruals and Deferred Income-3,662,00028,321,000-25,331,0003,463,0003,995,0001,676,000-288,00039,0002,702,000-7,050,0006,293,0005,126,118-1,665,070-20,155,97831,195,930
Deferred Taxes & Provisions-499,0001,375,0008,352,000233,000428,00082,000783,00074,0001,068,0002,513,000-728,0006,183,903-4,764-5085,369
Cash flow from operations7,863,00015,912,00019,205,00013,887,00020,422,0002,848,00019,994,00015,959,00018,059,00014,592,0001,521,00011,637,8086,069,809-18,790,27229,220,124
Investing Activities
capital expenditure000000000000-8,380,520-17,923,757-18,077,376
Change in Investments492,000310,000-626,000-1,023,000421,000263,0001,104,000000-149,000133,6465,33730,512129,505
cash flow from investments-492,000-310,000626,0001,023,000-421,000-263,000-1,104,000000149,000-133,646-8,385,857-17,954,269-18,206,881
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000-2,000-6,0008,0000000-301,338301,3371
Other Short Term Loans 00000-155,0000000-181,00018,321-1,480,374-127,7921,925,845
Long term loans00000000000-500,000500,000-986,081986,081
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000000-10,00000010,000
share issue000000000016,000-9,512,6513,604,04837,054,85067,069
interest916,000240,000-414,000-819,000814,00036,000-2,0752,31211,9259,92513,000-13,000-7,946-5,23718,749
cash flow from financing916,000240,000-414,000-819,000814,000-121,000-8,07510,31211,9259,925-162,000-10,007,3302,314,39036,237,0773,007,745
cash and cash equivalents
cash-2,898,000-904,000-9,899,0002,302,00011,474,000530,0005,863,0003,295,000798,000-531,000-585,0001,157,8505,417-517,6917,027,424
overdraft000000000000000
change in cash-2,898,000-904,000-9,899,0002,302,00011,474,000530,0005,863,0003,295,000798,000-531,000-585,0001,157,8505,417-517,6917,027,424

centre for process innovation limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Centre For Process Innovation Limited Competitor Analysis

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Perform a competitor analysis for centre for process innovation limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in TS10 area or any other competitors across 12 key performance metrics.

centre for process innovation limited Ownership

CENTRE FOR PROCESS INNOVATION LIMITED group structure

Centre For Process Innovation Limited has 1 subsidiary company.

Ultimate parent company

CENTRE FOR PROCESS INNOVATION LIMITED

05002194

1 subsidiary

CENTRE FOR PROCESS INNOVATION LIMITED Shareholders

--

centre for process innovation limited directors

Centre For Process Innovation Limited currently has 9 directors. The longest serving directors include Mr Nigel Perry (Dec 2003) and Mr Mark Gibson (Jun 2015).

officercountryagestartendrole
Mr Nigel PerryEngland67 years Dec 2003- Director
Mr Mark GibsonEngland72 years Jun 2015- Director
Ms Jennie Younger68 years Aug 2017- Director
Mr Francis Millar60 years Apr 2020- Director
Mr George Gillespie61 years Jan 2022- Director
Mr Jeremy Maiden63 years Jan 2022- Director
Ms Catherine Quinn66 years Jan 2022- Director
Ms Jacqueline WaringScotland59 years Sep 2022- Director
Mr Patrick GrantEngland58 years Apr 2024- Director

P&L

March 2024

turnover

68.2m

+2%

operating profit

451k

-94%

gross margin

48.5%

-0.45%

turnover

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

Balance Sheet

March 2024

net assets

93.6m

+0.01%

total assets

152.4m

+0.02%

cash

17.1m

-0.14%

net assets

Total assets minus all liabilities

centre for process innovation limited company details

company number

05002194

Type

Private Ltd By Guarantee w/o Share Cap

industry

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

72190 - Other research and experimental development on natural sciences and engineering

72110 - Research and experimental development on biotechnology

incorporation date

December 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

RSM UK AUDIT LLP

address

wilton centre, wilton, redcar, cleveland, TS10 4RF

Bank

BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC

Legal Advisor

-

centre for process innovation 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 5 charges/mortgages relating to centre for process innovation limited. Currently there are 5 open charges and 0 have been satisfied in the past.

centre for process innovation 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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centre for process innovation limited Companies House Filings - See Documents

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