concord uk group services limited
concord uk group services limited Company Information
Company Number
06773618
Website
http://imagem.comRegistered Address
c/o corporation service company, 5 churchill place, london, E14 5HU
Industry
Photocopying, document preparation and other specialised office support activities
Telephone
02070547200
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
concord music group inc 100%
concord uk group services limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD UK GROUP SERVICES LIMITED at £6.4m based on a Turnover of £13m and 0.5x industry multiple (adjusted for size and gross margin).
concord uk group services limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD UK GROUP SERVICES LIMITED at £2.3m based on an EBITDA of £635.4k and a 3.6x industry multiple (adjusted for size and gross margin).
concord uk group services limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD UK GROUP SERVICES LIMITED at £2.5m based on Net Assets of £1.3m and 1.99x industry multiple (adjusted for liquidity).
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Concord Uk Group Services Limited Overview
Concord Uk Group Services Limited is a live company located in london, E14 5HU with a Companies House number of 06773618. It operates in the photocopying, document preparation and other specialised office support activities sector, SIC Code 82190. Founded in December 2008, it's largest shareholder is concord music group inc with a 100% stake. Concord Uk Group Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £13m with healthy growth in recent years.
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Concord Uk Group Services Limited Health Check
Pomanda's financial health check has awarded Concord Uk Group Services Limited a 4 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
5 Strong
2 Regular
4 Weak
Size
annual sales of £13m, make it larger than the average company (£768.5k)
£13m - Concord Uk Group Services Limited
£768.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (0.6%)
5% - Concord Uk Group Services Limited
0.6% - Industry AVG
Production
with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)
45.9% - Concord Uk Group Services Limited
45.9% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (7%)
0.4% - Concord Uk Group Services Limited
7% - Industry AVG
Employees
with 98 employees, this is above the industry average (8)
98 - Concord Uk Group Services Limited
8 - Industry AVG
Pay Structure
on an average salary of £76.9k, the company has a higher pay structure (£47.2k)
£76.9k - Concord Uk Group Services Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £132.4k, this is equally as efficient (£144.8k)
£132.4k - Concord Uk Group Services Limited
£144.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (52 days)
1 days - Concord Uk Group Services Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (53 days)
3 days - Concord Uk Group Services Limited
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Concord Uk Group Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (23 weeks)
32 weeks - Concord Uk Group Services Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74%, this is a higher level of debt than the average (40%)
74% - Concord Uk Group Services Limited
40% - Industry AVG
CONCORD UK GROUP SERVICES LIMITED financials
Concord Uk Group Services Limited's latest turnover from December 2022 is £13 million and the company has net assets of £1.3 million. According to their latest financial statements, Concord Uk Group Services Limited has 98 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,979,881 | 10,167,000 | 8,908,000 | 11,350,000 | 10,650,000 | 8,779,000 | 8,294,000 | 6,880,000 | 6,017,000 | 5,636,000 | 4,665,000 | 5,626,000 | 4,819,000 | 2,935,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 45,385 | 232,000 | 207,000 | 130,000 | 283,000 | 202,000 | 304,000 | 294,000 | 173,000 | 227,000 | 160,000 | 171,000 | 139,000 | 82,000 |
| Interest Payable | 130 | 21,000 | 5,000 | 23,000 | 0 | 0 | 2,000 | 0 | 2,000 | 3,000 | 9,000 | 1,000 | 1,000 | 1,000 |
| Interest Receivable | 0 | 0 | 115,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 45,255 | 212,000 | 317,000 | 107,000 | 279,000 | 204,000 | 319,000 | 294,000 | 158,000 | 223,000 | 147,000 | 170,000 | 94,000 | 81,000 |
| Tax | 267,783 | -172,000 | 74,000 | -146,000 | -163,000 | -4,000 | -4,000 | 0 | 0 | 0 | 41,000 | -48,000 | -33,000 | -34,000 |
| Profit After Tax | 313,038 | 40,000 | 391,000 | -39,000 | 116,000 | 200,000 | 315,000 | 294,000 | 158,000 | 223,000 | 188,000 | 122,000 | 61,000 | 47,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 1,198,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 313,038 | 40,000 | 391,000 | -39,000 | 116,000 | 200,000 | -883,000 | 294,000 | 158,000 | 223,000 | 188,000 | 122,000 | 61,000 | 47,000 |
| Employee Costs | 7,540,041 | 5,323,000 | 6,896,000 | 6,312,000 | 6,056,000 | 5,318,000 | 4,969,000 | 3,985,000 | 3,222,000 | 3,023,000 | 2,701,000 | 3,396,000 | 3,380,000 | 111,000 |
| Number Of Employees | 98 | 78 | 109 | 123 | 84 | 84 | 85 | 65 | 53 | 53 | 45 | 63 | 63 | 31 |
| EBITDA* | 635,445 | 912,000 | 804,000 | 734,000 | 793,000 | 540,000 | 304,000 | 458,000 | 423,000 | 454,000 | 350,000 | 317,000 | 206,000 | 99,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,041,410 | 1,063,000 | 1,101,000 | 1,309,000 | 1,273,000 | 1,370,000 | 896,000 | 260,000 | 349,000 | 449,000 | 444,000 | 436,000 | 375,000 | 42,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,000 | 22,000 | 22,000 | 22,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 123,541 | 1,234,000 | 1,922,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,164,951 | 2,297,000 | 3,023,000 | 1,309,000 | 1,273,000 | 1,370,000 | 896,000 | 282,000 | 371,000 | 471,000 | 466,000 | 436,000 | 375,000 | 42,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 67,876 | 67,000 | 372,000 | 39,000 | 1,966,000 | 240,000 | 0 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 570,137 | 0 | 0 | 1,915,000 | 0 | 1,562,000 | 79,000 | 328,000 | 152,000 | 437,000 | 440,000 | 562,000 | 304,000 | 127,000 |
| Misc Debtors | 753,244 | 602,000 | 564,000 | 942,000 | 0 | 823,000 | 596,000 | 569,000 | 401,000 | 365,000 | 336,000 | 301,000 | 283,000 | 41,000 |
| Cash | 2,257,318 | 1,417,000 | 1,369,000 | 228,000 | 330,000 | 400,000 | 1,214,000 | 732,000 | 622,000 | 640,000 | 308,000 | 270,000 | 273,000 | 114,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,648,575 | 2,086,000 | 2,305,000 | 3,124,000 | 2,296,000 | 3,025,000 | 1,889,000 | 1,664,000 | 1,175,000 | 1,442,000 | 1,084,000 | 1,133,000 | 860,000 | 282,000 |
| total assets | 4,813,526 | 4,383,000 | 5,328,000 | 4,433,000 | 3,569,000 | 4,395,000 | 2,785,000 | 1,946,000 | 1,546,000 | 1,913,000 | 1,550,000 | 1,569,000 | 1,235,000 | 324,000 |
| Bank overdraft | 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 |
| Trade Creditors | 65,418 | 247,000 | 145,000 | 603,000 | 3,019,000 | 175,000 | 89,000 | 48,000 | 90,000 | 109,000 | 12,000 | 12,000 | 48,000 | 6,000 |
| Group/Directors Accounts | 562,749 | 603,000 | 1,782,000 | 801,000 | 0 | 1,798,000 | 1,284,000 | 4,000 | 26,000 | 640,000 | 553,000 | 651,000 | 372,000 | 73,000 |
| other short term finances | 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 |
| other current liabilities | 2,931,432 | 2,596,000 | 2,502,000 | 2,521,000 | 0 | 1,989,000 | 1,181,000 | 886,000 | 716,000 | 608,000 | 652,000 | 641,000 | 681,000 | 195,000 |
| total current liabilities | 3,559,599 | 3,446,000 | 4,429,000 | 3,925,000 | 3,019,000 | 3,962,000 | 2,554,000 | 938,000 | 832,000 | 1,357,000 | 1,217,000 | 1,304,000 | 1,101,000 | 274,000 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38,000 | 26,000 | 4,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38,000 | 26,000 | 4,000 |
| total liabilities | 3,559,599 | 3,446,000 | 4,429,000 | 3,925,000 | 3,019,000 | 3,962,000 | 2,554,000 | 938,000 | 832,000 | 1,357,000 | 1,217,000 | 1,342,000 | 1,127,000 | 278,000 |
| net assets | 1,253,927 | 937,000 | 899,000 | 508,000 | 550,000 | 433,000 | 231,000 | 1,008,000 | 714,000 | 556,000 | 333,000 | 227,000 | 108,000 | 46,000 |
| total shareholders funds | 1,253,927 | 937,000 | 899,000 | 508,000 | 550,000 | 433,000 | 231,000 | 1,008,000 | 714,000 | 556,000 | 333,000 | 227,000 | 108,000 | 46,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 45,385 | 232,000 | 207,000 | 130,000 | 283,000 | 202,000 | 304,000 | 294,000 | 173,000 | 227,000 | 160,000 | 171,000 | 139,000 | 82,000 |
| Depreciation | 590,060 | 680,000 | 597,000 | 604,000 | 510,000 | 337,000 | 164,000 | 250,000 | 227,000 | 190,000 | 146,000 | 67,000 | 17,000 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 267,783 | -172,000 | 74,000 | -146,000 | -163,000 | -4,000 | -4,000 | 0 | 0 | 0 | 41,000 | -48,000 | -33,000 | -34,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -388,202 | -955,000 | -38,000 | 930,000 | -659,000 | 1,950,000 | -257,000 | 379,000 | -249,000 | 26,000 | -87,000 | 276,000 | 419,000 | 168,000 |
| Creditors | -181,582 | 102,000 | -458,000 | -2,416,000 | 2,844,000 | 86,000 | 41,000 | -42,000 | -19,000 | 97,000 | 0 | -36,000 | 42,000 | 6,000 |
| Accruals and Deferred Income | 335,432 | 94,000 | -19,000 | 2,521,000 | -1,989,000 | 808,000 | 295,000 | 170,000 | 108,000 | -44,000 | 11,000 | -40,000 | 486,000 | 195,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -38,000 | 12,000 | 22,000 | 4,000 |
| Cash flow from operations | 1,445,280 | 1,891,000 | 439,000 | -237,000 | 2,144,000 | -520,000 | 207,000 | 761,000 | 481,000 | 451,000 | -71,000 | 304,000 | 102,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | -833,000 | -150,000 | -232,000 | -230,000 | -207,000 | -406,000 | -39,000 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -22,000 | 0 | 0 | 0 | 22,000 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | -811,000 | -150,000 | -232,000 | -252,000 | -207,000 | -406,000 | -39,000 | |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -40,251 | -1,179,000 | 981,000 | 801,000 | -1,798,000 | 514,000 | 1,280,000 | -22,000 | -614,000 | 87,000 | -98,000 | 279,000 | 299,000 | 73,000 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | -130 | -21,000 | 110,000 | -23,000 | 0 | 0 | -2,000 | 0 | -2,000 | -3,000 | -9,000 | -1,000 | -1,000 | -1,000 |
| cash flow from financing | -36,492 | -1,202,000 | 1,091,000 | 775,000 | -1,797,000 | 516,000 | 1,384,000 | -22,000 | -616,000 | 84,000 | -189,000 | 275,000 | 299,000 | 71,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 840,318 | 48,000 | 1,141,000 | -102,000 | -70,000 | -814,000 | 482,000 | 110,000 | -18,000 | 332,000 | 38,000 | -3,000 | 159,000 | 114,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 840,318 | 48,000 | 1,141,000 | -102,000 | -70,000 | -814,000 | 482,000 | 110,000 | -18,000 | 332,000 | 38,000 | -3,000 | 159,000 | 114,000 |
concord uk group services limited Credit Report and Business Information
Concord Uk Group Services Limited Competitor Analysis
Perform a competitor analysis for concord uk group services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
concord uk group services limited Ownership
CONCORD UK GROUP SERVICES LIMITED group structure
Concord Uk Group Services Limited has no subsidiary companies.
Ultimate parent company
CONCORD MUSIC GROUP INC
#0164926
1 parent
CONCORD UK GROUP SERVICES LIMITED
06773618
concord uk group services limited directors
Concord Uk Group Services Limited currently has 4 directors. The longest serving directors include Mr Kent Hoskins (Dec 2008) and Mr John Valentine (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kent Hoskins | United Kingdom | 48 years | Dec 2008 | - | Director |
| Mr John Valentine | United States | 52 years | Nov 2017 | - | Director |
| Ms Amanda Molter | United States | 43 years | May 2024 | - | Director |
| Mr Justin Prakash | United Kingdom | 45 years | May 2024 | - | Director |
P&L
December 2022turnover
13m
+28%
operating profit
45.4k
-80%
gross margin
45.9%
+44.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.3m
+0.34%
total assets
4.8m
+0.1%
cash
2.3m
+0.59%
net assets
Total assets minus all liabilities
concord uk group services limited company details
company number
06773618
Type
Private limited with Share Capital
industry
82190 - Photocopying, document preparation and other specialised office support activities
incorporation date
December 2008
age
16
accounts
Group
ultimate parent company
previous names
imagem uk group services limited (October 2018)
boosey & hawkes services limited (October 2009)
incorporated
UK
address
c/o corporation service company, 5 churchill place, london, E14 5HU
last accounts submitted
December 2022
concord uk group 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 2 charges/mortgages relating to concord uk group services limited. Currently there are 0 open charges and 2 have been satisfied in the past.
concord uk group services limited Companies House Filings - See Documents
| date | description | view/download |
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