clover technical group limited
clover technical group limited Company Information
Company Number
08128938
Next Accounts
Mar 2025
Shareholders
terence james lee
mark radcliffe
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o christian douglass accountan, 2 jordan street, manchester, M15 4PY
Website
http://cloverts.comclover technical group limited Estimated Valuation
Pomanda estimates the enterprise value of CLOVER TECHNICAL GROUP LIMITED at £21.3m based on a Turnover of £18m and 1.19x industry multiple (adjusted for size and gross margin).
clover technical group limited Estimated Valuation
Pomanda estimates the enterprise value of CLOVER TECHNICAL GROUP LIMITED at £1.1m based on an EBITDA of £214.1k and a 4.96x industry multiple (adjusted for size and gross margin).
clover technical group limited Estimated Valuation
Pomanda estimates the enterprise value of CLOVER TECHNICAL GROUP LIMITED at £3.4m based on Net Assets of £2.6m and 1.31x industry multiple (adjusted for liquidity).
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Clover Technical Group Limited Overview
Clover Technical Group Limited is a live company located in manchester, M15 4PY with a Companies House number of 08128938. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2012, it's largest shareholder is terence james lee with a 75% stake. Clover Technical Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £18m with high growth in recent years.
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Clover Technical Group Limited Health Check
Pomanda's financial health check has awarded Clover Technical Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £18m, make it in line with the average company (£18.6m)
£18m - Clover Technical Group Limited
£18.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.2%)
16% - Clover Technical Group Limited
8.2% - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (34.8%)
19.2% - Clover Technical Group Limited
34.8% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (4.7%)
1% - Clover Technical Group Limited
4.7% - Industry AVG
Employees
with 82 employees, this is below the industry average (104)
82 - Clover Technical Group Limited
104 - Industry AVG
Pay Structure
on an average salary of £55.1k, the company has a higher pay structure (£42.5k)
£55.1k - Clover Technical Group Limited
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £218.9k, this is more efficient (£184.8k)
£218.9k - Clover Technical Group Limited
£184.8k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (46 days)
88 days - Clover Technical Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (45 days)
26 days - Clover Technical Group Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (39 days)
2 days - Clover Technical Group Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (14 weeks)
20 weeks - Clover Technical Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.2%, this is a similar level of debt than the average (69.2%)
64.2% - Clover Technical Group Limited
69.2% - Industry AVG
CLOVER TECHNICAL GROUP LIMITED financials
Clover Technical Group Limited's latest turnover from June 2023 is £18 million and the company has net assets of £2.6 million. According to their latest financial statements, Clover Technical Group Limited has 82 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,953,317 | 14,779,981 | 12,501,094 | 11,477,657 | 11,520,940 | 10,700,347 | 10,563,696 | 10,623,300 | 9,415,945 | 8,605,067 | 7,498,041 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 14,512,213 | 11,483,140 | 9,416,109 | 8,642,356 | 8,872,387 | 7,804,925 | 7,729,434 | 7,622,212 | 6,874,123 | 6,150,142 | 5,399,924 |
| Gross Profit | 3,441,104 | 3,296,841 | 3,084,985 | 2,835,301 | 2,648,553 | 2,895,422 | 2,834,262 | 3,001,088 | 2,541,822 | 2,454,925 | 2,098,117 |
| Admin Expenses | 3,268,025 | 3,261,942 | 3,028,273 | 2,856,642 | 2,894,577 | 2,906,730 | 2,812,810 | 2,861,014 | 2,506,689 | 2,390,348 | 2,044,603 |
| Operating Profit | 173,079 | 34,899 | 56,712 | -21,341 | -246,024 | -11,308 | 21,452 | 140,074 | 35,133 | 64,577 | 53,514 |
| Interest Payable | 2 | 13 | 5,590 | 2,878 | |||||||
| Interest Receivable | 50,007 | 38,903 | 47 | 580 | 664 | 741 | 1,431 | 3,542 | 3,464 | 3,672 | 3,295 |
| Pre-Tax Profit | 223,086 | 73,802 | 56,757 | -20,774 | -250,950 | -10,567 | 20,005 | 143,616 | 38,597 | 68,249 | 56,809 |
| Tax | -38,575 | 16,893 | 22,571 | 40,831 | 8,092 | -33,660 | 46,681 | -30,352 | -53,613 | ||
| Profit After Tax | 184,511 | 73,802 | 73,650 | -20,774 | -228,379 | 30,264 | 28,097 | 109,956 | 85,278 | 37,897 | 3,196 |
| Dividends Paid | |||||||||||
| Retained Profit | 184,511 | 73,802 | 73,650 | -20,774 | -228,379 | 30,264 | 28,097 | 109,956 | 85,278 | 37,897 | 3,196 |
| Employee Costs | 4,514,521 | 4,218,996 | 4,155,715 | 3,971,921 | 3,844,325 | 3,881,542 | 3,816,401 | 3,675,053 | 3,187,539 | 3,012,660 | 2,713,051 |
| Number Of Employees | 82 | 76 | 78 | 81 | 80 | 81 | 79 | 78 | 71 | 70 | 74 |
| EBITDA* | 214,149 | 215,292 | 236,166 | 152,487 | -73,658 | 160,119 | 211,813 | 327,349 | 212,425 | 242,323 | 209,547 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 67,762 | 56,741 | 63,302 | 40,776 | 31,203 | 29,200 | 30,361 | 53,150 | 64,136 | 61,580 | 1,481,160 |
| Intangible Assets | 20,320 | 182,636 | 344,952 | 507,268 | 669,584 | 831,900 | 994,216 | 1,156,532 | 1,318,844 | 62,849 | |
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | 6,404 | 6,904 | 8,817 | 9,323 | 10,323 | 9,903 | 11,323 | 14,483 | 14,483 | 5,000 | 5,000 |
| Total Fixed Assets | 74,166 | 83,965 | 254,755 | 395,051 | 548,794 | 708,687 | 873,584 | 1,061,849 | 1,235,151 | 1,385,424 | 1,549,009 |
| Stock & work in progress | 100,093 | 91,238 | 89,702 | 114,504 | 105,766 | 119,003 | 97,651 | 86,165 | 86,157 | 86,094 | 88,900 |
| Trade Debtors | 4,334,933 | 3,082,062 | 4,191,274 | 2,754,593 | 4,221,942 | 3,661,515 | 3,174,555 | 3,240,794 | 3,327,492 | 2,622,614 | 2,290,696 |
| Group Debtors | |||||||||||
| Misc Debtors | 148,797 | 223,410 | 90,279 | 174,992 | 100,591 | 105,661 | 67,343 | 134,525 | 183,489 | 110,348 | 71,771 |
| Cash | 1,851,002 | 2,062,598 | 625,679 | 1,227,652 | 870,283 | 804,217 | 800,671 | 807,777 | 773,291 | 756,986 | 833,690 |
| misc current assets | 799,993 | 640,939 | 500,000 | ||||||||
| total current assets | 7,234,818 | 6,100,247 | 5,496,934 | 4,271,741 | 5,298,582 | 4,690,396 | 4,140,220 | 4,269,261 | 4,370,429 | 3,576,042 | 3,285,057 |
| total assets | 7,308,984 | 6,184,212 | 5,751,689 | 4,666,792 | 5,847,376 | 5,399,083 | 5,013,804 | 5,331,110 | 5,605,580 | 4,961,466 | 4,834,066 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 1,064,477 | 665,489 | 802,323 | 591,704 | 764,627 | 343,379 | 548,292 | 643,986 | 747,252 | 678,127 | 637,891 |
| Group/Directors Accounts | 178 | 178 | 724 | 20,281 | 105,750 | 181,652 | 236,652 | ||||
| other short term finances | 815,047 | 1,061,178 | 412,039 | 872,386 | 1,052,349 | 741,592 | 1,144,464 | ||||
| hp & lease commitments | |||||||||||
| other current liabilities | 3,609,455 | 3,084,686 | 2,589,131 | 1,787,957 | 1,960,521 | 1,454,190 | 1,543,518 | 1,308,003 | 1,321,786 | 1,067,289 | 560,859 |
| total current liabilities | 4,673,932 | 3,750,353 | 3,391,632 | 2,380,385 | 3,540,195 | 2,858,747 | 2,503,849 | 2,844,656 | 3,227,137 | 2,668,660 | 2,579,866 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 16,682 | 4,776 | 4,659 | 9,255 | 11,200 | 10,841 | 10,132 | ||||
| total long term liabilities | 16,682 | 4,776 | 4,659 | 9,255 | 11,200 | 10,841 | 10,132 | ||||
| total liabilities | 4,690,614 | 3,750,353 | 3,391,632 | 2,380,385 | 3,540,195 | 2,863,523 | 2,508,508 | 2,853,911 | 3,238,337 | 2,679,501 | 2,589,998 |
| net assets | 2,618,370 | 2,433,859 | 2,360,057 | 2,286,407 | 2,307,181 | 2,535,560 | 2,505,296 | 2,477,199 | 2,367,243 | 2,281,965 | 2,244,068 |
| total shareholders funds | 2,618,370 | 2,433,859 | 2,360,057 | 2,286,407 | 2,307,181 | 2,535,560 | 2,505,296 | 2,477,199 | 2,367,243 | 2,281,965 | 2,244,068 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 173,079 | 34,899 | 56,712 | -21,341 | -246,024 | -11,308 | 21,452 | 140,074 | 35,133 | 64,577 | 53,514 |
| Depreciation | 20,750 | 18,077 | 17,138 | 11,512 | 10,050 | 9,111 | 28,045 | 24,959 | 14,980 | 15,430 | 14,033 |
| Amortisation | 20,320 | 162,316 | 162,316 | 162,316 | 162,316 | 162,316 | 162,316 | 162,316 | 162,312 | 162,316 | 142,000 |
| Tax | -38,575 | 16,893 | 22,571 | 40,831 | 8,092 | -33,660 | 46,681 | -30,352 | -53,613 | ||
| Stock | 8,855 | 1,536 | -24,802 | 8,738 | -13,237 | 21,352 | 11,486 | 8 | 63 | -2,806 | 88,900 |
| Debtors | 1,177,758 | -977,994 | 1,351,462 | -1,393,948 | 555,777 | 523,858 | -136,581 | -135,662 | 787,502 | 370,495 | 2,367,467 |
| Creditors | 398,988 | -136,834 | 210,619 | -172,923 | 421,248 | -204,913 | -95,694 | -103,266 | 69,125 | 40,236 | 637,891 |
| Accruals and Deferred Income | 524,769 | 495,555 | 801,174 | -172,564 | 506,331 | -89,328 | 235,515 | -13,783 | 254,497 | 506,430 | 560,859 |
| Deferred Taxes & Provisions | 16,682 | -4,776 | 117 | -4,596 | -1,945 | 359 | 709 | 10,132 | |||
| Cash flow from operations | -70,600 | 1,550,471 | -61,808 | 1,192,210 | 329,176 | -638,384 | 480,225 | 310,349 | -204,478 | 391,657 | -1,091,551 |
| Investing Activities | |||||||||||
| capital expenditure | -7,950 | -5,372 | -14,567 | -17,962 | -15,587 | -22,898 | |||||
| Change in Investments | |||||||||||
| cash flow from investments | -7,950 | -5,372 | -14,567 | -17,962 | -15,587 | -22,898 | |||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -178 | -546 | 724 | -20,281 | -85,469 | -75,902 | -55,000 | 236,652 | |||
| Other Short Term Loans | -815,047 | -246,131 | 649,139 | -460,347 | -179,963 | 310,757 | -402,872 | 1,144,464 | |||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 50,007 | 38,903 | 45 | 567 | -4,926 | 741 | -1,447 | 3,542 | |||
| cash flow from financing | 49,829 | 38,903 | -501 | -813,756 | -251,057 | 649,880 | -482,075 | -261,890 | |||
| cash and cash equivalents | |||||||||||
| cash | -211,596 | 1,436,919 | -601,973 | 357,369 | 66,066 | 3,546 | -7,106 | 34,486 | 16,305 | -76,704 | 833,690 |
| overdraft | |||||||||||
| change in cash | -211,596 | 1,436,919 | -601,973 | 357,369 | 66,066 | 3,546 | -7,106 | 34,486 | 16,305 | -76,704 | 833,690 |
clover technical group limited Credit Report and Business Information
Clover Technical Group Limited Competitor Analysis
Perform a competitor analysis for clover technical group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in M15 area or any other competitors across 12 key performance metrics.
clover technical group limited Ownership
CLOVER TECHNICAL GROUP LIMITED group structure
Clover Technical Group Limited has 1 subsidiary company.
Ultimate parent company
CLOVER TECHNICAL GROUP LIMITED
08128938
1 subsidiary
clover technical group limited directors
Clover Technical Group Limited currently has 3 directors. The longest serving directors include Mr Stephen Lee (Jul 2012) and Mr Terence Lee (Jul 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Lee | England | 49 years | Jul 2012 | - | Director |
| Mr Terence Lee | England | 76 years | Jul 2012 | - | Director |
| Mr Mark Radcliffe | England | 53 years | Jul 2012 | - | Director |
P&L
June 2023turnover
18m
+21%
operating profit
173.1k
+396%
gross margin
19.2%
-14.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.6m
+0.08%
total assets
7.3m
+0.18%
cash
1.9m
-0.1%
net assets
Total assets minus all liabilities
clover technical group limited company details
company number
08128938
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
CHRISTIAN DOUGLAS ACCOUNTANTS LIMITED
address
c/o christian douglass accountan, 2 jordan street, manchester, M15 4PY
Bank
-
Legal Advisor
-
clover technical 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 2 charges/mortgages relating to clover technical group limited. Currently there are 0 open charges and 2 have been satisfied in the past.
clover technical 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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clover technical group limited Companies House Filings - See Documents
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