cu services limited
cu services limited Company Information
Company Number
06641089
Next Accounts
Apr 2025
Shareholders
coventry university
Group Structure
View All
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
coventry university, priory street, coventry, CV1 5FB
Website
http://www.cuanswers.comcu services limited Estimated Valuation
Pomanda estimates the enterprise value of CU SERVICES LIMITED at £11.3m based on a Turnover of £16.7m and 0.68x industry multiple (adjusted for size and gross margin).
cu services limited Estimated Valuation
Pomanda estimates the enterprise value of CU SERVICES LIMITED at £26.8m based on an EBITDA of £4.8m and a 5.58x industry multiple (adjusted for size and gross margin).
cu services limited Estimated Valuation
Pomanda estimates the enterprise value of CU SERVICES LIMITED at £14m based on Net Assets of £5.5m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cu Services Limited Overview
Cu Services Limited is a live company located in coventry, CV1 5FB with a Companies House number of 06641089. It operates in the other engineering activities sector, SIC Code 71129. Founded in July 2008, it's largest shareholder is coventry university with a 100% stake. Cu Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.7m with rapid growth in recent years.
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Cu Services Limited Health Check
Pomanda's financial health check has awarded Cu Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £16.7m, make it larger than the average company (£3.5m)
£16.7m - Cu Services Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (6.1%)
60% - Cu Services Limited
6.1% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.5%)
34.8% - Cu Services Limited
34.5% - Industry AVG
Profitability
an operating margin of 28.7% make it more profitable than the average company (6.3%)
28.7% - Cu Services Limited
6.3% - Industry AVG
Employees
with 93 employees, this is above the industry average (26)
93 - Cu Services Limited
26 - Industry AVG
Pay Structure
on an average salary of £57.6k, the company has an equivalent pay structure (£55.4k)
£57.6k - Cu Services Limited
£55.4k - Industry AVG
Efficiency
resulting in sales per employee of £179.2k, this is more efficient (£124.3k)
£179.2k - Cu Services Limited
£124.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (68 days)
20 days - Cu Services Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (28 days)
2 days - Cu Services Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cu Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (19 weeks)
47 weeks - Cu Services Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.8%, this is a similar level of debt than the average (57.4%)
53.8% - Cu Services Limited
57.4% - Industry AVG
CU SERVICES LIMITED financials
Cu Services Limited's latest turnover from July 2023 is £16.7 million and the company has net assets of £5.5 million. According to their latest financial statements, Cu Services Limited has 93 employees and maintains cash reserves of £5.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,669,000 | 11,097,000 | 4,274,000 | 4,047,000 | 2,678,000 | 5,957,000 | 4,593,000 | 5,301,000 | 3,527,000 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 10,874,000 | 7,369,000 | 2,277,000 | 2,216,000 | 1,497,000 | 3,176,000 | 2,656,000 | 2,374,000 | 1,831,000 | ||||||
| Gross Profit | 5,795,000 | 3,728,000 | 1,997,000 | 1,831,000 | 1,181,000 | 2,781,000 | 1,937,000 | 2,927,000 | 1,696,000 | ||||||
| Admin Expenses | 1,008,000 | 544,000 | 1,918,000 | 302,000 | 378,000 | 498,000 | 601,000 | 775,000 | 846,000 | ||||||
| Operating Profit | 4,787,000 | 3,184,000 | 79,000 | 1,529,000 | 803,000 | 2,283,000 | 1,336,000 | 2,152,000 | 850,000 | ||||||
| Interest Payable | 22,000 | 72,000 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 6,000 | 2,000 | 20,000 | 22,000 | 11,000 | 10,000 | 9,000 | 6,000 | ||||||
| Pre-Tax Profit | 4,765,000 | 3,118,000 | 21,000 | 1,549,000 | 2,344,000 | 2,294,000 | 1,346,000 | 2,161,000 | 856,000 | ||||||
| Tax | 62,000 | 149,000 | -80,000 | -33,000 | -30,000 | 4,000 | -270,000 | -464,000 | 0 | ||||||
| Profit After Tax | 4,827,000 | 3,267,000 | -59,000 | 1,516,000 | 2,314,000 | 2,298,000 | 1,076,000 | 1,697,000 | 856,000 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 4,827,000 | 3,267,000 | -59,000 | 1,516,000 | 2,314,000 | 2,298,000 | 1,076,000 | 1,697,000 | 856,000 | ||||||
| Employee Costs | 5,360,000 | 3,019,000 | 1,846,000 | 938,000 | 1,487,000 | 1,233,000 | 1,025,000 | 1,158,000 | 392,000 | ||||||
| Number Of Employees | 93 | 114 | 63 | 19 | 36 | 27 | 36 | 34 | 12 | ||||||
| EBITDA* | 4,803,000 | 3,199,000 | 79,000 | 1,529,000 | 803,000 | 2,283,000 | 1,336,000 | 2,152,000 | 850,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,000 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 50,000 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 5,000 | 9,000 | 9,000 | 7,000 | 3,000 | 0 | 0 | 38,000 | 28,000 | 30,000 | 0 | 0 | 0 | 0 |
| Trade Debtors | 939,000 | 1,882,000 | 614,000 | 181,000 | 312,000 | 907,000 | 354,000 | 777,000 | 831,000 | 615,000 | 512,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 2,254,000 | 230,000 | 530,000 | 1,074,000 | 2,298,000 | 432,000 | 41,000 | 1,030,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,726,000 | 1,618,000 | 1,620,000 | 155,000 | 161,000 | 259,000 | 319,000 | 136,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 5,841,000 | 4,413,000 | 567,000 | 652,000 | 1,495,000 | 3,092,000 | 1,812,000 | 2,317,000 | 2,577,000 | 1,151,000 | 231,000 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,760,000 | 8,148,000 | 3,340,000 | 2,071,000 | 4,273,000 | 4,693,000 | 2,526,000 | 4,260,000 | 3,462,000 | 1,794,000 | 773,000 | 0 | 0 | 0 | 0 |
| total assets | 11,810,000 | 8,214,000 | 3,340,000 | 2,071,000 | 4,273,000 | 4,693,000 | 2,526,000 | 4,260,000 | 3,462,000 | 1,794,000 | 773,000 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 82,000 | 17,000 | 49,000 | 1,000 | 14,000 | 22,000 | 43,000 | 86,000 | 2,000 | 1,705,000 | 682,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,001,000 | 1,848,000 | 429,000 | 134,000 | 98,000 | 571,000 | 295,000 | 772,000 | 451,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,275,000 | 2,127,000 | 1,416,000 | 237,000 | 1,635,000 | 1,591,000 | 1,172,000 | 1,616,000 | 2,064,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,358,000 | 3,992,000 | 1,894,000 | 372,000 | 1,747,000 | 2,184,000 | 1,510,000 | 2,474,000 | 2,517,000 | 1,705,000 | 682,000 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 526,000 | 4,147,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 526,000 | 4,147,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,358,000 | 4,518,000 | 6,041,000 | 372,000 | 1,747,000 | 2,184,000 | 1,510,000 | 2,474,000 | 2,517,000 | 1,705,000 | 682,000 | 0 | 0 | 0 | 0 |
| net assets | 5,452,000 | 3,696,000 | -2,701,000 | 1,699,000 | 2,526,000 | 2,509,000 | 1,016,000 | 1,786,000 | 945,000 | 89,000 | 91,000 | 0 | 0 | 0 | 0 |
| total shareholders funds | 5,452,000 | 3,696,000 | -2,701,000 | 1,699,000 | 2,526,000 | 2,509,000 | 1,016,000 | 1,786,000 | 945,000 | 89,000 | 91,000 | 0 | 0 | 0 | 0 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,787,000 | 3,184,000 | 79,000 | 1,529,000 | 803,000 | 2,283,000 | 1,336,000 | 2,152,000 | 850,000 | ||||||
| Depreciation | 16,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | 62,000 | 149,000 | -80,000 | -33,000 | -30,000 | 4,000 | -270,000 | -464,000 | 0 | ||||||
| Stock | -5,000 | -4,000 | 0 | 2,000 | 4,000 | 3,000 | 0 | -38,000 | 10,000 | -2,000 | 30,000 | 0 | 0 | 0 | 0 |
| Debtors | 2,189,000 | 966,000 | 1,354,000 | -1,361,000 | 1,173,000 | 884,000 | -1,229,000 | 1,100,000 | 228,000 | 103,000 | 512,000 | 0 | 0 | 0 | 0 |
| Creditors | 65,000 | -32,000 | 48,000 | -13,000 | -8,000 | -21,000 | -43,000 | 84,000 | -1,703,000 | 1,023,000 | 682,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 148,000 | 711,000 | 1,179,000 | -1,398,000 | 44,000 | 419,000 | -444,000 | -448,000 | 2,064,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -526,000 | -3,621,000 | 4,147,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,368,000 | -556,000 | 4,019,000 | 1,444,000 | -368,000 | 1,798,000 | 1,808,000 | 262,000 | 973,000 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,153,000 | 1,419,000 | 295,000 | 36,000 | -473,000 | 276,000 | -477,000 | 321,000 | 451,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -22,000 | -66,000 | -58,000 | 20,000 | 22,000 | 11,000 | 10,000 | 9,000 | 6,000 | ||||||
| cash flow from financing | -940,000 | 4,483,000 | -4,104,000 | -2,287,000 | -2,748,000 | -518,000 | -2,313,000 | -526,000 | 457,000 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,428,000 | 3,846,000 | -85,000 | -843,000 | -1,597,000 | 1,280,000 | -505,000 | -260,000 | 1,426,000 | 920,000 | 231,000 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,428,000 | 3,846,000 | -85,000 | -843,000 | -1,597,000 | 1,280,000 | -505,000 | -260,000 | 1,426,000 | 920,000 | 231,000 | 0 | 0 | 0 | 0 |
cu services limited Credit Report and Business Information
Cu Services Limited Competitor Analysis
Perform a competitor analysis for cu services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in CV1 area or any other competitors across 12 key performance metrics.
cu services limited Ownership
CU SERVICES LIMITED group structure
Cu Services Limited has no subsidiary companies.
Ultimate parent company
COVENTRY UNIVERSITY
#0016082
1 parent
CU SERVICES LIMITED
06641089
cu services limited directors
Cu Services Limited currently has 5 directors. The longest serving directors include Mr Paul Noon (Nov 2019) and Mr Richard Dashwood (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Noon | United Kingdom | 56 years | Nov 2019 | - | Director |
| Mr Richard Dashwood | England | 59 years | Aug 2022 | - | Director |
| Mr Frank Mills | England | 82 years | Aug 2022 | - | Director |
| Mr Mark Cammies | England | 62 years | Jun 2024 | - | Director |
| Mr Gary Armstrong | England | 61 years | Jun 2024 | - | Director |
P&L
July 2023turnover
16.7m
+50%
operating profit
4.8m
+50%
gross margin
34.8%
+3.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
5.5m
+0.48%
total assets
11.8m
+0.44%
cash
5.8m
+0.32%
net assets
Total assets minus all liabilities
cu services limited company details
company number
06641089
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
July 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
coventry university, priory street, coventry, CV1 5FB
Bank
BARCLAYS BANK PLC
Legal Advisor
SHAKESPEARE MARTINEAU
cu 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 did not find charges/mortgages relating to cu services limited.
cu services limited Capital Raised & Share Issues BETA
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cu services limited Companies House Filings - See Documents
| date | description | view/download |
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