foster denovo group limited

foster denovo group limited Company Information

Share FOSTER DENOVO GROUP LIMITED
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EstablishedLargeHealthy

Company Number

06033941

Industry

Activities of financial services holding companies

 

Directors

Roger Brosch

Helen Lovett

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Shareholders

david roy wilkinson

helen marie lovett

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Group Structure

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Contact

Registered Address

20 st. dunstan's hill, london, EC3R 8HL

foster denovo group limited Estimated Valuation

£57.9m

Pomanda estimates the enterprise value of FOSTER DENOVO GROUP LIMITED at £57.9m based on a Turnover of £29.1m and 1.99x industry multiple (adjusted for size and gross margin).

foster denovo group limited Estimated Valuation

£41.1m

Pomanda estimates the enterprise value of FOSTER DENOVO GROUP LIMITED at £41.1m based on an EBITDA of £5.7m and a 7.22x industry multiple (adjusted for size and gross margin).

foster denovo group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FOSTER DENOVO GROUP LIMITED at £0 based on Net Assets of £-7.8m and 1.8x industry multiple (adjusted for liquidity).

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Foster Denovo Group Limited Overview

Foster Denovo Group Limited is a live company located in london, EC3R 8HL with a Companies House number of 06033941. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in December 2006, it's largest shareholder is david roy wilkinson with a 6.7% stake. Foster Denovo Group Limited is a established, large sized company, Pomanda has estimated its turnover at £29.1m with healthy growth in recent years.

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Foster Denovo Group Limited Health Check

Pomanda's financial health check has awarded Foster Denovo Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £29.1m, make it larger than the average company (£11.9m)

£29.1m - Foster Denovo Group Limited

£11.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.2%)

10% - Foster Denovo Group Limited

9.2% - Industry AVG

production

Production

with a gross margin of 79.3%, this company has a comparable cost of product (79.7%)

79.3% - Foster Denovo Group Limited

79.7% - Industry AVG

profitability

Profitability

an operating margin of 5.3% make it less profitable than the average company (10.1%)

5.3% - Foster Denovo Group Limited

10.1% - Industry AVG

employees

Employees

with 244 employees, this is above the industry average (65)

244 - Foster Denovo Group Limited

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.8k, the company has a lower pay structure (£84.8k)

£52.8k - Foster Denovo Group Limited

£84.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £119.3k, this is less efficient (£214k)

£119.3k - Foster Denovo Group Limited

£214k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (46 days)

11 days - Foster Denovo Group Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (49 days)

27 days - Foster Denovo Group Limited

49 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Foster Denovo Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (27 weeks)

57 weeks - Foster Denovo Group Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 111.1%, this is a higher level of debt than the average (54.2%)

111.1% - Foster Denovo Group Limited

54.2% - Industry AVG

FOSTER DENOVO GROUP LIMITED financials

EXPORTms excel logo

Foster Denovo Group Limited's latest turnover from December 2023 is £29.1 million and the company has net assets of -£7.8 million. According to their latest financial statements, Foster Denovo Group Limited has 244 employees and maintains cash reserves of £23.8 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
Turnover29,121,00027,132,00026,560,00021,678,00021,165,29219,570,35718,504,69516,959,22518,825,44626,396,17024,973,99021,672,86319,146,19917,983,29317,437,595
Other Income Or Grants000000000000000
Cost Of Sales6,041,0006,282,00013,591,00010,376,00010,519,66110,060,1529,549,1478,444,9819,743,05913,589,55513,199,65311,019,4749,919,8939,995,3449,973,471
Gross Profit23,080,00020,850,00012,969,00011,302,00010,645,6319,510,2058,955,5488,514,2449,082,38712,806,61511,774,33710,653,3899,226,3067,987,9497,464,124
Admin Expenses21,535,00019,022,00012,115,00011,233,00011,118,8639,810,8689,904,9269,372,56510,517,40311,170,22711,563,9959,434,2188,260,9797,440,0877,134,192
Operating Profit1,545,0001,828,000854,00069,000-473,232-300,663-949,378-858,321-1,435,0161,636,388210,3421,219,171965,327547,862329,932
Interest Payable6,525,0004,720,000148,000312,000152,55580,34518,0725,4565,4569,6676,5344,7365,0656,8031,031
Interest Receivable83,000103,000198,0007,00011,78225,63461,91856,1296,5889,19842,09465,51759,05341,58452,915
Pre-Tax Profit-5,157,000-3,144,000904,000-236,000-614,005-342,520-905,532-807,648-1,433,8841,635,919245,9021,279,9521,019,315582,643381,816
Tax-1,729,000-617,000-299,0009,000242,67429,28195,16494,53512,188-433,567-109,097-341,972-286,336-164,414-130,786
Profit After Tax-6,886,000-3,761,000605,000-227,000-371,331-313,239-810,368-713,113-1,421,6961,202,352136,805937,980732,979418,229251,030
Dividends Paid000000000000000
Retained Profit-6,886,000-3,761,000605,000-227,000-371,331-313,239-809,248-700,448-1,403,4011,214,458136,805893,175679,820387,803253,002
Employee Costs12,888,00011,366,00010,008,0008,788,0008,775,2047,143,8886,094,7755,955,2496,567,6936,718,8126,030,2705,518,7524,807,1023,748,2113,787,204
Number Of Employees24421620621220416715515917318316912411899100
EBITDA*5,702,0005,340,0001,437,000712,000135,391-233,252-417,947-329,312-863,2912,054,470571,8801,488,0311,187,604807,845591,460

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets118,00091,000194,000268,000289,320398,804168,925141,865217,666315,385423,706218,372184,597273,152414,163
Intangible Assets41,748,00035,653,0003,160,0003,754,0004,174,740927,9511,394,9141,098,8271,503,7841,174,3131,263,6331,419,472421,780347,440400,240
Investments & Other00000044,17643,05630,39112,09600001,952
Debtors (Due After 1 year)906,000726,000337,000413,000235,6840193,007193,007186,124186,124186,124220,924220,924245,486294,005
Total Fixed Assets42,772,00036,470,0003,691,0004,435,0004,699,7441,326,7551,801,0221,476,7551,937,9651,687,9181,873,4631,858,768827,301866,0781,110,360
Stock & work in progress000000000000000
Trade Debtors903,000840,0001,003,000265,0001,008,0181,179,2521,348,6981,112,990977,003971,575556,853645,665610,367704,800451,317
Group Debtors000000000000000
Misc Debtors2,730,0002,733,0002,549,0002,451,0003,456,03603,004,0293,080,9613,560,5214,460,0504,086,5554,244,0062,405,9382,337,2251,989,179
Cash23,822,0009,035,0003,925,0003,407,0002,189,0493,335,3163,500,5103,079,5424,481,7387,390,6566,334,437403,1561,490,188434,056741,743
misc current assets000000000005,874,8903,319,5003,663,0002,706,000
total current assets27,455,00012,608,0007,477,0006,123,0006,653,1037,759,2397,853,2377,273,4939,019,26212,822,28110,977,84511,167,7177,825,9937,139,0815,888,239
total assets70,227,00049,078,00011,168,00010,558,00011,352,8479,085,9949,654,2598,750,24810,957,22714,510,19912,851,30813,026,4858,653,2948,005,1596,998,599
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 462,000337,000997,000320,000766,057895,110724,009737,965718,8391,761,5691,302,1022,032,790998,410685,714487,221
Group/Directors Accounts000000000000000
other short term finances15,041,0004,648,0000850,000024,199000000000
hp & lease commitments11,00014,00014,000266,00014,275072,59849,75649,75649,75712,37818,37319,03018,49551,839
other current liabilities5,866,0002,933,0005,334,0004,588,0004,025,62302,405,6701,478,9601,874,8312,057,8242,145,5642,267,6951,571,4351,607,7571,615,806
total current liabilities21,380,0007,932,0006,345,0006,024,0004,805,9553,112,4043,202,2772,266,6812,643,4263,869,1503,460,0444,318,8582,588,8752,311,9662,154,866
loans50,636,00039,523,00000850,0000831,60004,0524,0534,1674,1674,1674,1674,450
hp & lease commitments011,00025,00039,00053,532024,19949,75699,512149,268123,95733,84352,21649,02437,723
Accruals and Deferred Income000000000000000
other liabilities5,959,0002,477,00000691,37803,2624,0520000000
provisions62,00073,000289,000624,000577,9400629,932980,8642,222,2873,537,7143,731,8733,311,2511,608,4721,929,8321,545,388
total long term liabilities56,657,00042,084,000314,000663,0002,172,8501,289,0121,488,9931,034,6722,325,8513,691,0353,859,9973,349,2611,664,8551,983,0231,587,561
total liabilities78,037,00050,016,0006,659,0006,687,0006,978,8054,401,4164,691,2703,301,3534,969,2777,560,1857,320,0417,668,1194,253,7304,294,9893,742,427
net assets-7,810,000-938,0004,509,0003,871,0004,374,0424,684,5784,962,9895,448,8955,987,9506,950,0145,531,2675,358,3664,382,9313,681,6963,256,172
total shareholders funds-7,810,000-938,0004,509,0003,871,0004,374,0424,684,5784,962,9895,448,8955,987,9506,950,0145,531,2675,358,3664,382,9313,681,6963,256,172
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,545,0001,828,000854,00069,000-473,232-300,663-949,378-858,321-1,435,0161,636,388210,3421,219,171965,327547,862329,932
Depreciation69,000126,000102,000115,00083,44667,411110,129104,688151,196159,149130,701111,261161,385207,183208,733
Amortisation4,088,0003,386,000481,000528,000525,1770421,302424,321420,529258,933230,837157,59960,89252,80052,795
Tax-1,729,000-617,000-299,0009,000242,67429,28195,16494,53512,188-433,567-109,097-341,972-286,336-164,414-130,786
Stock000000000000000
Debtors240,000410,000760,000-1,570,7383,520,486-3,366,482158,776-336,690-894,101788,217-281,0631,873,366-50,282553,0102,734,501
Creditors125,000-660,000677,000-446,057-129,053171,101-13,95619,126-1,042,730459,467-730,6881,034,380312,696198,493487,221
Accruals and Deferred Income2,933,000-2,401,000746,000562,3774,025,623-2,405,670926,710-395,871-182,993-87,740-122,131696,260-36,322-8,0491,615,806
Deferred Taxes & Provisions-11,000-216,000-335,00046,060577,940-629,932-350,932-1,241,423-1,315,427-194,159420,6221,702,779-321,360384,4441,545,388
Cash flow from operations6,780,0001,036,0001,466,0002,454,1181,332,089298,01080,263-1,516,255-2,498,1521,010,254311,6492,706,112906,564665,3091,374,588
Investing Activities
capital expenditure00000169,673-761,466-44,555-803,477-196,431-411,035-183,914-113,390-33,044-139,926
Change in Investments00000-44,1761,12012,66518,29512,096000-1,9521,952
cash flow from investments00000213,849-762,586-57,220-821,772-208,527-411,035-183,914-113,390-31,092-141,878
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 10,393,0004,648,000-850,000850,000-24,19924,199000000000
Long term loans11,113,00039,523,0000-850,000850,000-831,600831,600-4,052-1-114000-2834,450
Hire Purchase and Lease Commitments-14,000-14,000-266,000237,19367,807-96,797-2,715-49,756-49,75762,69084,119-19,0303,727-22,04389,562
other long term liabilities3,482,0002,477,0000-691,378691,378-3,262-7904,0520000000
share issue14,000-1,686,00033,000-276,04260,79534,828323,342161,393441,337204,28936,09682,26021,41537,7213,003,170
interest-6,442,000-4,617,00050,000-305,000-140,773-54,71143,84650,6731,132-46935,56060,78153,98834,78151,884
cash flow from financing18,546,00040,331,000-1,033,000-1,035,2271,505,008-927,3431,195,283162,310392,711266,396155,775124,01179,13050,1763,149,066
cash and cash equivalents
cash14,787,0005,110,000518,0001,217,951-1,146,267-165,194420,968-1,402,196-2,908,9181,056,2195,931,281-1,087,0321,056,132-307,687741,743
overdraft000000000000000
change in cash14,787,0005,110,000518,0001,217,951-1,146,267-165,194420,968-1,402,196-2,908,9181,056,2195,931,281-1,087,0321,056,132-307,687741,743

foster denovo group 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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Foster Denovo Group Limited Competitor Analysis

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Perform a competitor analysis for foster denovo group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC3R area or any other competitors across 12 key performance metrics.

foster denovo group limited Ownership

FOSTER DENOVO GROUP LIMITED Shareholders

david roy wilkinson 6.74%
helen marie lovett 5.45%
mark bingham 5.07%
cl opportunity fund iii (europe) gp s.a.r.l 4.75%
andre robert jordache 4.33%
andrew stuart robertson 4.14%
david peter stockdale 3.6%
roger nicholas brosch 3.3%
crestline opportunity iv master fund gp llc 3.04%
matthew james mitten 2.98%

foster denovo group limited directors

Foster Denovo Group Limited currently has 6 directors. The longest serving directors include Mr Roger Brosch (Feb 2007) and Ms Helen Lovett (Jan 2014).

officercountryagestartendrole
Mr Roger BroschEngland62 years Feb 2007- Director
Ms Helen LovettEngland57 years Jan 2014- Director
Mr David CurrieEngland55 years Oct 2017- Director
Mr Philip DaviesEngland54 years Jul 2020- Director
Mr Jonathan RedmanUnited Kingdom39 years Feb 2022- Director
Mr Jeremy BrettellEngland63 years Aug 2024- Director

P&L

December 2023

turnover

29.1m

+7%

operating profit

1.5m

-15%

gross margin

79.3%

+3.13%

turnover

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

Balance Sheet

December 2023

net assets

-7.8m

+7.33%

total assets

70.2m

+0.43%

cash

23.8m

+1.64%

net assets

Total assets minus all liabilities

foster denovo group limited company details

company number

06033941

Type

Private limited with Share Capital

industry

64205 - Activities of financial services holding companies

incorporation date

December 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

foster denovo group plc (November 2016)

accountant

-

auditor

BDO LLP

address

20 st. dunstan's hill, london, EC3R 8HL

Bank

BARCLAYS BANK PLC

Legal Advisor

-

foster denovo group 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 foster denovo group limited. Currently there are 0 open charges and 1 have been satisfied in the past.

foster denovo group 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 group limited Companies House Filings - See Documents

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