flowgroup plc
flowgroup plc Company Information
Company Number
05819555
Next Accounts
2398 days late
Industry
Activities of head offices
Shareholders
-
Group Structure
View All
Contact
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
www.flowgroup.uk.comflowgroup plc Estimated Valuation
Pomanda estimates the enterprise value of FLOWGROUP PLC at £62.3m based on a Turnover of £98.8m and 0.63x industry multiple (adjusted for size and gross margin).
flowgroup plc Estimated Valuation
Pomanda estimates the enterprise value of FLOWGROUP PLC at £0 based on an EBITDA of £-40.6m and a 4.68x industry multiple (adjusted for size and gross margin).
flowgroup plc Estimated Valuation
Pomanda estimates the enterprise value of FLOWGROUP PLC at £0 based on Net Assets of £-14.7m and 2.13x industry multiple (adjusted for liquidity).
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Flowgroup Plc Overview
Flowgroup Plc is a live company located in london, EC4N 6EU with a Companies House number of 05819555. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 2006, it's largest shareholder is unknown. Flowgroup Plc is a established, large sized company, Pomanda has estimated its turnover at £98.8m with rapid growth in recent years.
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Flowgroup Plc Health Check
Pomanda's financial health check has awarded Flowgroup Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £98.8m, make it larger than the average company (£16.5m)
£98.8m - Flowgroup Plc
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (4.3%)
93% - Flowgroup Plc
4.3% - Industry AVG
Production
with a gross margin of 3.8%, this company has a higher cost of product (32.6%)
3.8% - Flowgroup Plc
32.6% - Industry AVG
Profitability
an operating margin of -46.2% make it less profitable than the average company (5.2%)
-46.2% - Flowgroup Plc
5.2% - Industry AVG
Employees
with 367 employees, this is above the industry average (115)
367 - Flowgroup Plc
115 - Industry AVG
Pay Structure
on an average salary of £29.4k, the company has a lower pay structure (£38.7k)
£29.4k - Flowgroup Plc
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £269.2k, this is more efficient (£159.9k)
£269.2k - Flowgroup Plc
£159.9k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (49 days)
47 days - Flowgroup Plc
49 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (47 days)
32 days - Flowgroup Plc
47 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (42 days)
1 days - Flowgroup Plc
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (12 weeks)
7 weeks - Flowgroup Plc
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.8%, this is a higher level of debt than the average (62.9%)
147.8% - Flowgroup Plc
62.9% - Industry AVG
FLOWGROUP PLC financials
Flowgroup Plc's latest turnover from December 2016 is £98.8 million and the company has net assets of -£14.7 million. According to their latest financial statements, Flowgroup Plc has 367 employees and maintains cash reserves of £5.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 98,796,000 | 40,394,000 | 33,359,000 | 13,790,000 | 11,000 | 154,000 | 26,000 | 131,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 95,009,000 | 36,936,000 | 31,137,000 | 11,982,000 | 8,000 | 132,000 | 59,000 | 126,000 |
| Gross Profit | 3,787,000 | 3,458,000 | 2,222,000 | 1,808,000 | 3,000 | 22,000 | -33,000 | 5,000 |
| Admin Expenses | 49,435,000 | 20,538,000 | 12,185,000 | 9,483,000 | 4,779,000 | 2,654,000 | 3,183,000 | 3,022,000 |
| Operating Profit | -45,648,000 | -17,080,000 | -9,963,000 | -7,675,000 | -4,776,000 | -2,632,000 | -3,216,000 | -3,017,000 |
| Interest Payable | 132,000 | 37,000 | 22,000 | 39,000 | 231,000 | 92,000 | 148,000 | 48,000 |
| Interest Receivable | 13,000 | 24,000 | 24,000 | 44,000 | 7,000 | 6,000 | 19,000 | 34,000 |
| Pre-Tax Profit | -45,767,000 | -17,116,000 | -10,096,000 | -10,240,000 | -5,000,000 | -6,748,000 | -3,511,000 | -3,013,000 |
| Tax | 1,129,000 | 1,831,000 | 657,000 | 208,000 | 0 | 217,000 | 458,000 | 130,000 |
| Profit After Tax | -44,638,000 | -15,285,000 | -9,439,000 | -10,032,000 | -5,000,000 | -6,531,000 | -3,053,000 | -2,883,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -44,638,000 | -15,285,000 | -9,439,000 | -10,032,000 | -5,000,000 | -6,531,000 | 2,294,000 | -3,350,000 |
| Employee Costs | 10,792,000 | 10,231,000 | 6,742,000 | 5,515,000 | 3,326,000 | 1,590,000 | 2,754,000 | 2,458,000 |
| Number Of Employees | 367 | 211 | 137 | 82 | 43 | 32 | 45 | 41 |
| EBITDA* | -40,642,000 | -16,054,000 | -8,838,000 | -6,602,000 | -4,695,000 | -2,552,000 | -2,224,000 | -2,219,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 658,000 | 381,000 | 624,000 | 536,000 | 2,791,000 | 2,762,000 | 6,828,000 | 284,000 |
| Intangible Assets | 1,973,000 | 19,227,000 | 17,268,000 | 14,665,000 | 11,949,000 | 10,486,000 | 9,837,000 | 10,176,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 2,511,000 | 2,681,000 | 6,711,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,631,000 | 19,608,000 | 17,892,000 | 15,201,000 | 14,740,000 | 13,248,000 | 16,665,000 | 10,460,000 |
| Stock & work in progress | 495,000 | 473,000 | 160,000 | 15,000 | 13,000 | 4,000 | 22,000 | 375,000 |
| Trade Debtors | 12,743,000 | 4,565,000 | 3,264,000 | 1,258,000 | 10,000 | 164,000 | 98,000 | 70,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 18,000 | 65,000 | 0 |
| Misc Debtors | 7,888,000 | 2,804,000 | 4,051,000 | 3,083,000 | 325,000 | 83,000 | 171,000 | 202,000 |
| Cash | 5,850,000 | 18,844,000 | 8,357,000 | 17,361,000 | 12,148,000 | 493,000 | 1,379,000 | 5,657,000 |
| misc current assets | 1,231,000 | 1,075,000 | 416,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 28,207,000 | 27,761,000 | 16,248,000 | 21,717,000 | 12,496,000 | 762,000 | 1,735,000 | 6,304,000 |
| total assets | 30,838,000 | 47,369,000 | 34,140,000 | 36,918,000 | 27,236,000 | 14,010,000 | 18,400,000 | 16,764,000 |
| Bank overdraft | 0 | 200,000 | 1,024,000 | 107,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,403,000 | 2,472,000 | 523,000 | 810,000 | 352,000 | 317,000 | 360,000 | 352,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 12,000 | 12,000 | 85,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 34,999,000 | 13,726,000 | 9,437,000 | 3,346,000 | 1,052,000 | 304,000 | 669,000 | 592,000 |
| total current liabilities | 43,402,000 | 16,398,000 | 10,984,000 | 4,263,000 | 1,404,000 | 633,000 | 1,041,000 | 1,029,000 |
| loans | 4,364,000 | 3,964,000 | 2,270,000 | 3,834,000 | 3,970,000 | 3,824,000 | 3,642,000 | 3,200,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,182,000 | 1,982,000 | 1,135,000 | 1,917,000 | 1,985,000 | 1,912,000 | 1,821,000 | 1,600,000 |
| total liabilities | 45,584,000 | 18,380,000 | 12,119,000 | 6,180,000 | 3,389,000 | 2,545,000 | 2,862,000 | 2,629,000 |
| net assets | -14,746,000 | 28,989,000 | 22,021,000 | 30,738,000 | 23,847,000 | 11,465,000 | 15,538,000 | 13,107,000 |
| total shareholders funds | -14,746,000 | 28,989,000 | 22,021,000 | 30,738,000 | 23,847,000 | 11,465,000 | 15,538,000 | 13,107,000 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -45,648,000 | -17,080,000 | -9,963,000 | -7,675,000 | -4,776,000 | -2,632,000 | -3,216,000 | -3,017,000 |
| Depreciation | 403,000 | 403,000 | 312,000 | 181,000 | 81,000 | 80,000 | 175,000 | 207,000 |
| Amortisation | 4,603,000 | 623,000 | 813,000 | 892,000 | 0 | 0 | 817,000 | 591,000 |
| Tax | 1,129,000 | 1,831,000 | 657,000 | 208,000 | 0 | 217,000 | 458,000 | 130,000 |
| Stock | 22,000 | 313,000 | 145,000 | 2,000 | 9,000 | -18,000 | -353,000 | 375,000 |
| Debtors | 13,262,000 | 54,000 | 2,974,000 | 4,006,000 | 70,000 | -69,000 | 62,000 | 272,000 |
| Creditors | 5,931,000 | 1,949,000 | -287,000 | 458,000 | 35,000 | -43,000 | 8,000 | 352,000 |
| Accruals and Deferred Income | 21,273,000 | 4,289,000 | 6,091,000 | 2,294,000 | 748,000 | -365,000 | 77,000 | 592,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -25,593,000 | -8,352,000 | -5,496,000 | -7,650,000 | -3,991,000 | -2,656,000 | -1,390,000 | -1,792,000 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | -2,511,000 | -170,000 | -4,030,000 | 6,711,000 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -12,000 | 0 | -73,000 | 85,000 |
| Long term loans | 400,000 | 1,694,000 | -1,564,000 | -136,000 | 146,000 | 182,000 | 442,000 | 3,200,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -119,000 | -13,000 | 2,000 | 5,000 | -224,000 | -86,000 | -129,000 | -14,000 |
| cash flow from financing | 1,184,000 | 23,934,000 | -840,000 | 16,792,000 | 17,292,000 | 2,554,000 | 377,000 | 19,728,000 |
| cash and cash equivalents | ||||||||
| cash | -12,994,000 | 10,487,000 | -9,004,000 | 5,213,000 | 11,655,000 | -886,000 | -4,278,000 | 5,657,000 |
| overdraft | -200,000 | -824,000 | 917,000 | 107,000 | 0 | 0 | 0 | 0 |
| change in cash | -12,794,000 | 11,311,000 | -9,921,000 | 5,106,000 | 11,655,000 | -886,000 | -4,278,000 | 5,657,000 |
flowgroup plc Credit Report and Business Information
Flowgroup Plc Competitor Analysis
Perform a competitor analysis for flowgroup plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC4N area or any other competitors across 12 key performance metrics.
flowgroup plc Ownership
FLOWGROUP PLC group structure
Flowgroup Plc has 3 subsidiary companies.
Ultimate parent company
FLOWGROUP PLC
05819555
3 subsidiaries
flowgroup plc directors
Flowgroup Plc currently has 4 directors. The longest serving directors include Mr Nigel Canham (Dec 2014) and Mr Brian Carroll (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Canham | England | 57 years | Dec 2014 | - | Director |
| Mr Brian Carroll | 53 years | Jun 2017 | - | Director | |
| Mr Bradley Tirpak | 55 years | Jun 2017 | - | Director | |
| Mr Alan Lovell | 71 years | Oct 2017 | - | Director |
P&L
December 2016turnover
98.8m
+145%
operating profit
-45.6m
+167%
gross margin
3.9%
-55.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-14.7m
-1.51%
total assets
30.8m
-0.35%
cash
5.9m
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
flowgroup plc company details
company number
05819555
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2016
previous names
energetix group plc (June 2013)
futurebay limited (August 2006)
accountant
-
auditor
-
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
HSBC BANK PLC
Legal Advisor
-
flowgroup plc 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 flowgroup plc.
flowgroup plc Capital Raised & Share Issues BETA
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flowgroup plc Companies House Filings - See Documents
| date | description | view/download |
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