foster denovo limited

foster denovo limited Company Information

Share FOSTER DENOVO LIMITED
Live 
EstablishedLargeHealthy

Company Number

05970987

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Directors

Roger Brosch

Helen Lovett

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Shareholders

foster denovo group limited

Group Structure

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Contact

Registered Address

ruxley house, 2 hamm moor lane, addlestone, surrey, KT15 2SA

foster denovo limited Estimated Valuation

£68.9m

Pomanda estimates the enterprise value of FOSTER DENOVO LIMITED at £68.9m based on a Turnover of £26m and 2.65x industry multiple (adjusted for size and gross margin).

foster denovo limited Estimated Valuation

£38.9m

Pomanda estimates the enterprise value of FOSTER DENOVO LIMITED at £38.9m based on an EBITDA of £4.2m and a 9.34x industry multiple (adjusted for size and gross margin).

foster denovo limited Estimated Valuation

£46.6m

Pomanda estimates the enterprise value of FOSTER DENOVO LIMITED at £46.6m based on Net Assets of £36.2m and 1.29x industry multiple (adjusted for liquidity).

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Foster Denovo Limited Overview

Foster Denovo Limited is a live company located in addlestone, KT15 2SA with a Companies House number of 05970987. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2006, it's largest shareholder is foster denovo group limited with a 100% stake. Foster Denovo Limited is a established, large sized company, Pomanda has estimated its turnover at £26m with healthy growth in recent years.

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Foster Denovo Limited Health Check

Pomanda's financial health check has awarded Foster Denovo Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £26m, make it larger than the average company (£5.5m)

£26m - Foster Denovo Limited

£5.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5%)

10% - Foster Denovo Limited

5% - Industry AVG

production

Production

with a gross margin of 76.7%, this company has a lower cost of product (54.2%)

76.7% - Foster Denovo Limited

54.2% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (9.1%)

1.5% - Foster Denovo Limited

9.1% - Industry AVG

employees

Employees

with 242 employees, this is above the industry average (14)

242 - Foster Denovo Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.9k, the company has a lower pay structure (£82.7k)

£52.9k - Foster Denovo Limited

£82.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £107.3k, this is less efficient (£224.5k)

£107.3k - Foster Denovo Limited

£224.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (33 days)

10 days - Foster Denovo Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (45 days)

22 days - Foster Denovo Limited

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Foster Denovo Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 104 weeks, this is more cash available to meet short term requirements (30 weeks)

104 weeks - Foster Denovo Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.8%, this is a lower level of debt than the average (70.2%)

6.8% - Foster Denovo Limited

70.2% - Industry AVG

FOSTER DENOVO LIMITED financials

EXPORTms excel logo

Foster Denovo Limited's latest turnover from December 2023 is £26 million and the company has net assets of £36.2 million. According to their latest financial statements, Foster Denovo Limited has 242 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover25,968,00024,062,00023,412,00019,709,00019,209,03017,786,74316,806,16915,696,37517,733,10723,478,09122,604,19820,849,04018,162,56917,237,14816,962,248
Other Income Or Grants000000000000000
Cost Of Sales6,041,0006,282,00013,604,00010,376,00010,519,66110,060,1529,543,6278,370,1399,673,36613,536,85813,199,65312,661,97711,445,57311,439,2059,933,721
Gross Profit19,927,00017,780,0009,808,0009,333,0008,689,3697,726,5917,262,5427,326,2368,059,7419,941,2339,404,5458,187,0636,716,9965,797,9437,028,527
Admin Expenses19,540,00017,073,0009,888,00010,128,0009,970,0798,837,1278,972,0878,444,2029,914,3458,605,4619,027,0817,296,6166,216,9235,631,3016,722,624
Operating Profit387,000707,000-80,000-795,000-1,280,710-1,110,536-1,709,545-1,117,966-1,854,6041,335,772377,464890,447500,073166,642305,903
Interest Payable72,00048,000130,00077,0004,46711,78710,8045,4565,4569,6676,5344,7365,0656,8034,373
Interest Receivable53,000101,0004,0007,0008,42312,32959,03752,9576,5569,19840,21861,64756,96741,40452,361
Pre-Tax Profit368,000760,000-206,000-865,000-1,276,754-1,087,257-1,661,312-1,070,465-1,853,5041,335,303411,148947,358551,975201,243353,891
Tax-959,000-743,000-13,000178,000459,980204,64688,29566,30910,166-316,558-93,579-239,138-165,041-35,657-116,753
Profit After Tax-591,00017,000-219,000-687,000-816,774-882,611-1,573,017-1,004,156-1,843,3381,018,745317,569708,220386,934165,586237,138
Dividends Paid0000000000001,000,00000
Retained Profit-591,00017,000-219,000-687,000-816,774-882,611-1,573,017-1,004,156-1,843,3381,018,745317,569708,220-613,066165,586237,138
Employee Costs12,803,00011,171,0009,557,0008,390,0008,775,2045,318,5435,134,6254,970,2655,466,4365,302,4574,310,0003,909,6653,092,6522,120,8193,693,691
Number Of Employees24220919921220116415215617018016180663699
EBITDA*4,161,0003,896,000269,000-400,000-823,780-1,042,477-1,361,509-754,192-1,448,2591,600,070613,3141,086,942722,350426,625567,431

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets59,00091,000194,000267,000287,635396,219165,438141,865217,666315,385423,706218,372184,597273,152414,163
Intangible Assets30,196,00033,373,0001,626,0001,986,0002,297,725335,294531,479769,6101,009,331514,480619,629724,779421,780347,440400,240
Investments & Other000000000000000
Debtors (Due After 1 year)202,000186,000309,000392,000227,9350193,007193,007186,124186,124186,124220,924220,924220,924294,005
Total Fixed Assets30,457,00033,650,0002,129,0002,645,0002,813,295731,513889,9241,104,4821,413,1211,015,9891,229,4591,164,075827,301841,5161,108,408
Stock & work in progress000000000000000
Trade Debtors773,000707,000811,000159,000867,8511,017,9841,282,5011,069,278928,383920,185482,241584,784561,136641,894396,203
Group Debtors2,179,000380,0003,417,0002,665,0002,494,2110034,69534,18620,5993066706,8922,530
Misc Debtors1,343,0001,986,0002,037,0002,076,0002,894,64302,227,4182,677,1993,145,5634,228,9433,876,3604,059,2002,249,6562,142,4471,945,206
Cash4,082,0004,285,0002,025,0001,726,0001,496,2451,918,7601,368,8831,872,8833,871,2826,004,0575,936,757104,212397,15777,90439,293
misc current assets0101,0000000000004,774,8902,319,5003,163,0002,706,000
total current assets8,377,0007,459,0008,290,0006,626,0007,752,9505,624,1374,878,8025,654,0557,979,41411,173,78410,295,3889,523,7535,527,4496,032,1375,089,232
total assets38,834,00041,109,00010,419,0009,271,00010,566,2456,355,6505,768,7266,758,5379,392,53512,189,77311,524,84710,687,8286,354,7506,873,6536,197,640
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 375,000275,000911,000268,000731,373809,391592,047431,412650,2061,631,1421,034,9191,928,047895,642601,665483,974
Group/Directors Accounts59,0001,437,0002,276,0002,378,0002,129,91601,155,0311,173,7451,130,734995,3361,764,643743,490483,071385,0023,342
other short term finances287,00000001,872,054000000000
hp & lease commitments11,00014,00014,00014,00014,275096,79749,75649,75649,75712,37818,37319,03018,49551,839
other current liabilities1,303,0001,762,0003,130,0002,469,0002,108,69701,749,5231,229,2551,472,6351,553,2001,657,5881,778,7691,143,3281,139,1431,514,674
total current liabilities2,035,0003,488,0006,331,0005,129,0004,984,2614,420,2583,593,3982,884,1683,303,3314,229,4354,469,5284,468,6792,541,0712,144,3052,053,829
loans465,000424,0000000000000000
hp & lease commitments011,00025,00039,00053,5330049,75699,512149,268123,95733,84352,21649,02437,723
Accruals and Deferred Income000000000000000
other liabilities108,000344,00000475,5810000000000
provisions48,00073,000289,000623,000580,8680619,988975,1532,211,0683,518,2673,731,8733,311,2511,608,4721,929,8321,549,222
total long term liabilities621,000852,000314,000662,0001,109,982452,097619,9881,024,9092,310,5803,667,5353,855,8303,345,0941,660,6881,978,8561,586,945
total liabilities2,656,0004,340,0006,645,0005,791,0006,094,2434,872,3554,213,3863,909,0775,613,9117,896,9708,325,3587,813,7734,201,7594,123,1613,640,774
net assets36,178,00036,769,0003,774,0003,480,0004,472,0021,483,2951,555,3402,849,4603,778,6244,292,8033,199,4892,874,0552,152,9912,750,4922,556,866
total shareholders funds36,178,00036,769,0003,774,0003,480,0004,472,0021,483,2951,555,3402,849,4603,778,6244,292,8033,199,4892,874,0552,152,9912,750,4922,556,866
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit387,000707,000-80,000-795,000-1,280,710-1,110,536-1,709,545-1,117,966-1,854,6041,335,772377,464890,447500,073166,642305,903
Depreciation69,000126,000102,000113,00081,18568,059109,905104,689151,196159,149130,701111,261161,385207,183208,733
Amortisation3,705,0003,063,000247,000282,000375,7450238,131259,085255,149105,149105,14985,23460,89252,80052,795
Tax-959,000-743,000-13,000178,000459,980204,64688,29566,30910,166-316,558-93,579-239,138-165,041-35,657-116,753
Stock000000000000000
Debtors1,238,000-3,315,0001,282,000-1,192,6405,466,656-2,684,942-271,253-320,077-1,061,595811,096-320,8201,833,85919,559374,2132,637,944
Creditors100,000-636,000643,000-463,373-78,018217,344160,635-218,794-980,936596,223-893,1281,032,405293,977117,691483,974
Accruals and Deferred Income-459,000-1,368,000661,000360,3032,108,697-1,749,523520,268-243,380-80,565-104,388-121,181635,4414,185-375,5311,514,674
Deferred Taxes & Provisions-25,000-216,000-334,00042,132580,868-619,988-355,165-1,235,915-1,307,199-213,606420,6221,702,779-321,360380,6101,549,222
Cash flow from operations1,580,0004,248,000-56,000909,702-3,218,909-305,056-676,223-2,065,895-2,745,198750,645246,8682,384,570514,552139,5251,360,604
Investing Activities
capital expenditure-565,000-34,833,00084,000-62,640-2,310,777-102,655-133,478-48,252-803,477-26,817-199,700-146,114-48,390-33,044-139,926
Change in Investments000000000000000
cash flow from investments-565,000-34,833,00084,000-62,640-2,310,777-102,655-133,478-48,252-803,477-26,817-199,700-146,114-48,390-33,044-139,926
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-1,378,000-839,000-102,000248,0842,129,916-1,155,031-18,71443,011135,398-769,3071,021,153260,41998,069381,6603,342
Other Short Term Loans 287,000000-1,872,0541,872,054000000000
Long term loans41,000424,0000000000000000
Hire Purchase and Lease Commitments-14,000-14,000-14,000-14,80867,808-96,797-2,715-49,756-49,75762,69084,119-19,0303,727-22,04389,562
other long term liabilities-236,000344,0000-475,581475,5810000000000
share issue032,978,000513,000-305,0023,805,481810,566278,89774,9921,329,15974,5697,86512,84415,56528,0402,319,728
interest-19,00053,000-126,000-70,0003,95654248,23347,5011,100-46933,68456,91151,90234,60147,988
cash flow from financing-1,319,00032,946,000271,000-617,3074,610,6881,431,334305,701115,7481,415,900-632,5171,146,821311,144169,263422,2582,460,620
cash and cash equivalents
cash-203,0002,260,000299,000229,755-422,515549,877-504,000-1,998,399-2,132,77567,3005,832,545-292,945319,25338,61139,293
overdraft000000000000000
change in cash-203,0002,260,000299,000229,755-422,515549,877-504,000-1,998,399-2,132,77567,3005,832,545-292,945319,25338,61139,293

foster denovo 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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Foster Denovo Limited Competitor Analysis

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Perform a competitor analysis for foster denovo limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in KT15 area or any other competitors across 12 key performance metrics.

foster denovo limited Ownership

FOSTER DENOVO LIMITED group structure

Foster Denovo Limited has no subsidiary companies.

Ultimate parent company

1 parent

FOSTER DENOVO LIMITED

05970987

FOSTER DENOVO LIMITED Shareholders

foster denovo group limited 100%

foster denovo limited directors

Foster Denovo Limited currently has 5 directors. The longest serving directors include Mr Roger Brosch (Jan 2007) and Ms Helen Lovett (Jan 2014).

officercountryagestartendrole
Mr Roger BroschEngland62 years Jan 2007- Director
Ms Helen LovettEngland57 years Jan 2014- Director
Mr David CurrieEngland55 years Oct 2017- Director
Mr Philip DaviesEngland54 years Jul 2020- Director
Mr Jeremy BrettellEngland63 years Aug 2024- Director

P&L

December 2023

turnover

26m

+8%

operating profit

387k

-45%

gross margin

76.8%

+3.85%

turnover

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

Balance Sheet

December 2023

net assets

36.2m

-0.02%

total assets

38.8m

-0.06%

cash

4.1m

-0.05%

net assets

Total assets minus all liabilities

foster denovo limited company details

company number

05970987

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

October 2006

age

19

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

fd holdings ltd (August 2007)

accountant

-

auditor

BDO LLP

address

ruxley house, 2 hamm moor lane, addlestone, surrey, KT15 2SA

Bank

BARCLAYS BANK PLC

Legal Advisor

-

foster denovo 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 2 charges/mortgages relating to foster denovo limited. Currently there are 0 open charges and 2 have been satisfied in the past.

foster denovo 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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foster denovo limited Companies House Filings - See Documents

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