examworks investigation services limited

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examworks investigation services limited Company Information

Share EXAMWORKS INVESTIGATION SERVICES LIMITED

Company Number

05232455

Shareholders

premex group ltd

Group Structure

View All

Industry

Investigation activities

 

Registered Address

premex house futura park, middlebrook, bolton, lancashire, BL6 6SX

examworks investigation services limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of EXAMWORKS INVESTIGATION SERVICES LIMITED at £3.4m based on a Turnover of £4m and 0.84x industry multiple (adjusted for size and gross margin).

examworks investigation services limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of EXAMWORKS INVESTIGATION SERVICES LIMITED at £3.7m based on an EBITDA of £576k and a 6.37x industry multiple (adjusted for size and gross margin).

examworks investigation services limited Estimated Valuation

£6.2m

Pomanda estimates the enterprise value of EXAMWORKS INVESTIGATION SERVICES LIMITED at £6.2m based on Net Assets of £2.6m and 2.41x industry multiple (adjusted for liquidity).

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Examworks Investigation Services Limited Overview

Examworks Investigation Services Limited is a live company located in bolton, BL6 6SX with a Companies House number of 05232455. It operates in the investigation activities sector, SIC Code 80300. Founded in September 2004, it's largest shareholder is premex group ltd with a 100% stake. Examworks Investigation Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £4m with healthy growth in recent years.

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Examworks Investigation Services Limited Health Check

Pomanda's financial health check has awarded Examworks Investigation Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

9 Strong

positive_score

1 Regular

positive_score

1 Weak

size

Size

annual sales of £4m, make it larger than the average company (£3.3m)

£4m - Examworks Investigation Services Limited

£3.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.8%)

5% - Examworks Investigation Services Limited

5.8% - Industry AVG

production

Production

with a gross margin of 63.9%, this company has a lower cost of product (51%)

63.9% - Examworks Investigation Services Limited

51% - Industry AVG

profitability

Profitability

an operating margin of 14% make it more profitable than the average company (3.2%)

14% - Examworks Investigation Services Limited

3.2% - Industry AVG

employees

Employees

with 65 employees, this is above the industry average (42)

65 - Examworks Investigation Services Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.3k, the company has a lower pay structure (£42.7k)

£31.3k - Examworks Investigation Services Limited

£42.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.2k, this is less efficient (£85.4k)

£62.2k - Examworks Investigation Services Limited

£85.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is earlier than average (72 days)

49 days - Examworks Investigation Services Limited

72 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is slower than average (18 days)

47 days - Examworks Investigation Services Limited

18 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Examworks Investigation Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (9 weeks)

25 weeks - Examworks Investigation Services Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.7%, this is a lower level of debt than the average (59.5%)

16.7% - Examworks Investigation Services Limited

59.5% - Industry AVG

EXAMWORKS INVESTIGATION SERVICES LIMITED financials

EXPORTms excel logo

Examworks Investigation Services Limited's latest turnover from December 2023 is £4 million and the company has net assets of £2.6 million. According to their latest financial statements, Examworks Investigation Services Limited has 65 employees and maintains cash reserves of £255 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Nov 2010Nov 2009
Turnover4,046,0003,580,0003,519,0003,521,0004,892,0004,542,0005,115,0005,022,0007,578,0007,611,0006,958,0008,0114,983,2833,598,021
Other Income Or Grants
Cost Of Sales1,462,0001,220,0001,207,0001,099,0001,973,0001,829,0001,797,0002,296,0003,727,0003,650,0003,455,0004,2282,448,5321,651,473
Gross Profit2,584,0002,360,0002,312,0002,422,0002,919,0002,713,0003,318,0002,726,0003,851,0003,961,0003,503,0003,7832,534,7511,946,548
Admin Expenses2,018,0001,618,0001,726,0001,721,0004,504,0002,321,0002,953,0003,110,0003,550,0003,389,0003,325,0002,8601,997,8981,746,545480,017
Operating Profit566,000742,000586,000701,000-1,585,000392,000365,000-384,000301,000572,000178,000923536,853200,003-480,017
Interest Payable10,0005,0005,0005,0004,00018,00020,00032,00018,00026,00023,0001532,2882,406
Interest Receivable20,000295876415
Pre-Tax Profit556,000737,000581,000696,000-1,589,000374,000345,000-396,000283,000546,000155,000908504,860198,473-479,602
Tax126,000-141,000-89,000-12,000-7,000-71,000-70,00084,000-61,000-120,000-50,000-228-138,620-60,008
Profit After Tax682,000596,000492,000684,000-1,596,000303,000275,000-312,000222,000426,000105,000680366,240138,465-479,602
Dividends Paid
Retained Profit682,000596,000492,000684,000-1,596,000303,000275,000-312,000222,000426,000105,000680366,240138,465-479,602
Employee Costs2,035,0001,916,0001,791,0001,987,0002,110,0002,190,0002,679,0002,801,0003,582,0003,171,0002,377,0002,1511,417,2921,183,289
Number Of Employees65636776746988901279890975855
EBITDA*576,000754,000596,000711,000-1,551,000466,000495,000-282,000407,000646,000243,000974588,959243,679-456,101

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Nov 2010Nov 2009
Tangible Assets16,00014,00021,00017,00014,00071,000121,000211,000167,000179,000133,0008366,84694,76750,037
Intangible Assets
Investments & Other
Debtors (Due After 1 year)15,00030,00031,00033,000
Total Fixed Assets31,00044,00052,00050,00014,00071,000121,000211,000167,000179,000133,0008366,84694,76750,037
Stock & work in progress
Trade Debtors552,000702,000984,000833,0001,043,0001,152,0002,278,0002,282,0004,213,0004,826,0004,382,0004,7712,949,5291,659,778956,369
Group Debtors2,159,0001,749,000963,000405,00014,0001,311,000311,000311,000311,000336,000338,000340290,000100
Misc Debtors101,000136,000126,00087,000148,000146,000128,000232,000208,000193,000153,00015652,89755,582
Cash255,000226,00072,000213,000154,000106,00083,0001,329,000483,000186,000167,000275352,147311,909166,066
misc current assets
total current assets3,067,0002,813,0002,145,0001,538,0001,359,0002,715,0002,800,0004,154,0005,215,0005,541,0005,040,0005,5423,644,5732,027,3691,122,435
total assets3,098,0002,857,0002,197,0001,588,0001,373,0002,786,0002,921,0004,365,0005,382,0005,720,0005,173,0005,6253,711,4192,122,1361,172,472
Bank overdraft
Bank loan
Trade Creditors 190,000260,000244,000226,000323,000279,000306,000400,000306,000749,000419,000657374,372299,9621,651,974
Group/Directors Accounts173,000279,000279,000279,000658,000410,000505,0001,999,0002,952,0002,975,0003,308,0003,5252,801,9491,916,346
other short term finances
hp & lease commitments
other current liabilities153,000418,000370,000271,000264,000373,000689,000820,000666,000760,000636,000738509,607237,094
total current liabilities516,000957,000893,000776,0001,245,0001,062,0001,500,0003,219,0003,924,0004,484,0004,363,0004,9203,685,9282,453,4021,651,974
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions2889,771
total long term liabilities2889,771
total liabilities516,000957,000893,000776,0001,245,0001,062,0001,500,0003,219,0003,924,0004,484,0004,363,0004,9203,686,2162,463,1731,651,974
net assets2,582,0001,900,0001,304,000812,000128,0001,724,0001,421,0001,146,0001,458,0001,236,000810,00070525,203-341,037-479,502
total shareholders funds2,582,0001,900,0001,304,000812,000128,0001,724,0001,421,0001,146,0001,458,0001,236,000810,00070525,203-341,037-479,502
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Nov 2010Nov 2009
Operating Activities
Operating Profit566,000742,000586,000701,000-1,585,000392,000365,000-384,000301,000572,000178,000923536,853200,003-480,017
Depreciation10,00012,00010,00010,00034,00074,000130,000102,000106,00074,00065,0005152,10643,67623,916
Amortisation
Tax126,000-141,000-89,000-12,000-7,000-71,000-70,00084,000-61,000-120,000-50,000-228-138,620-60,008
Stock
Debtors210,000513,000746,000153,000-1,404,000-108,000-108,000-1,907,000-623,000482,0004,867,733-3,287,1591,576,966759,091956,369
Creditors-70,00016,00018,000-97,00044,000-27,000-94,00094,000-443,000330,000418,343-373,71574,410-1,352,0121,651,974
Accruals and Deferred Income-265,00048,00099,0007,000-109,000-316,000-131,000154,000-94,000124,000635,262-508,869272,513237,094
Deferred Taxes & Provisions-288-9,4839,771
Cash flow from operations157,000164,000-122,000456,000-219,000160,000308,0001,957,000432,000498,000-3,621,1282,405,033-789,187-1,680,567239,504
Investing Activities
capital expenditure-12,000-5,000-14,000-13,00023,000-24,000-40,000-146,000-94,000-120,000-197,91766,712-24,185-88,406-73,953
Change in Investments
cash flow from investments-12,000-5,000-14,000-13,00023,000-24,000-40,000-146,000-94,000-120,000-197,91766,712-24,185-88,406-73,953
Financing Activities
Bank loans
Group/Directors Accounts-106,000-379,000248,000-95,000-1,494,000-953,000-23,000-333,0003,304,475-2,798,424885,6031,916,346
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue704,295-25,178100
interest-10,000-5,000-5,000-5,000-4,000-18,000-20,000-12,000-18,000-26,000-23,000-15-31,993-1,530415
cash flow from financing-116,000-5,000-5,000-384,000244,000-113,000-1,514,000-965,000-41,000-359,0003,985,770-2,823,617853,6101,914,816515
cash and cash equivalents
cash29,000154,000-141,00059,00048,00023,000-1,246,000846,000297,00019,000166,725-351,87240,238145,843166,066
overdraft
change in cash29,000154,000-141,00059,00048,00023,000-1,246,000846,000297,00019,000166,725-351,87240,238145,843166,066

examworks investigation services 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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Examworks Investigation Services Limited Competitor Analysis

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Perform a competitor analysis for examworks investigation services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BL6 area or any other competitors across 12 key performance metrics.

examworks investigation services limited Ownership

EXAMWORKS INVESTIGATION SERVICES LIMITED group structure

Examworks Investigation Services Limited has no subsidiary companies.

Ultimate parent company

GOLD PARENT LLP

#0029763

2 parents

EXAMWORKS INVESTIGATION SERVICES LIMITED

05232455

EXAMWORKS INVESTIGATION SERVICES LIMITED Shareholders

premex group ltd 100%

examworks investigation services limited directors

Examworks Investigation Services Limited currently has 4 directors. The longest serving directors include Mr James Price (May 2011) and Mr Richard Perlman (May 2011).

officercountryagestartendrole
Mr James PriceEngland67 years May 2011- Director
Mr Richard PerlmanEngland78 years May 2011- Director
Mr Doug LaverEngland60 years Nov 2017- Director
Mr Michael CutlerEngland51 years Feb 2020- Director

P&L

December 2023

turnover

4m

+13%

operating profit

566k

-24%

gross margin

63.9%

-3.12%

turnover

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

Balance Sheet

December 2023

net assets

2.6m

+0.36%

total assets

3.1m

+0.08%

cash

255k

+0.13%

net assets

Total assets minus all liabilities

examworks investigation services limited company details

company number

05232455

Type

Private limited with Share Capital

industry

80300 - Investigation activities

incorporation date

September 2004

age

21

incorporated

UK

ultimate parent company

GOLD PARENT LLP

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

premex insight limited (October 2015)

premex litigation funding limited (November 2006)

accountant

-

auditor

-

address

premex house futura park, middlebrook, bolton, lancashire, BL6 6SX

Bank

BARCLAYS BANK PLC

Legal Advisor

-

examworks investigation services 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 4 charges/mortgages relating to examworks investigation services limited. Currently there are 0 open charges and 4 have been satisfied in the past.

examworks investigation services 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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examworks investigation services limited Companies House Filings - See Documents

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