Pomanda estimates the enterprise value of DISCOVERY RE LTD at £14.5k based on a Turnover of £22.2k and 0.65x industry multiple (adjusted for size and gross margin).
discovery re ltdEstimated Valuation
£708.2k
Pomanda estimates the enterprise value of DISCOVERY RE LTD at £708.2k based on an EBITDA of £166.8k and a 4.25x industry multiple (adjusted for size and gross margin).
discovery re ltdEstimated Valuation
£302k
Pomanda estimates the enterprise value of DISCOVERY RE LTD at £302k based on Net Assets of £124.3k and 2.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Discovery Re LtdOverview
Discovery Re Ltd is a live company located in leatherhead, KT22 9DF with a Companies House number of 08820169. It operates in the educational support services sector, SIC Code 85600. Founded in December 2013, it's largest shareholder is
jigsaw education group limited
with a 100% stake. Discovery Re Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£22.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Discovery Re Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £205.6k, make it smaller than the average company (£371.3k)
£205.6k - Discovery Re Ltd
£371.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.5%)
17% - Discovery Re Ltd
4.5% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
67.3% - Discovery Re Ltd
67.3% - Industry AVG
Profitability
an operating margin of 59.2% make it more profitable than the average company (2.2%)
59.2% - Discovery Re Ltd
2.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (9)
4 - Discovery Re Ltd
9 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)
£26.8k - Discovery Re Ltd
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £51.4k, this is equally as efficient (£52.2k)
£51.4k - Discovery Re Ltd
£52.2k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (23 days)
28 days - Discovery Re Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (19 days)
95 days - Discovery Re Ltd
19 days - Industry AVG
Stock Days
it holds stock equivalent to 220 days, this is more than average (27 days)
220 days - Discovery Re Ltd
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is less cash available to meet short term requirements (92 weeks)
38 weeks - Discovery Re Ltd
92 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.3%, this is a higher level of debt than the average (36.6%)
58.3% - Discovery Re Ltd
36.6% - Industry AVG
DISCOVERY RE LTD financials
EXPORT
Discovery Re Ltd's latest turnover from December 2023 is estimated at £22.2 thousand and the company has net assets of £124.3 thousand. According to their latest financial statements, we estimate that Discovery Re Ltd has 1 employee and maintains cash reserves of £23.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Jun 2023
Jun 2022
Jun 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Turnover
22,192
205,627
530,924
239,412
129,299
105,473
106,802
49,779
128,156
613,388
Other Income Or Grants
Cost Of Sales
6,625
67,181
194,748
93,814
57,341
40,422
40,270
21,743
63,312
321,758
Gross Profit
15,567
138,446
336,176
145,598
71,959
65,051
66,531
28,036
64,844
291,631
Admin Expenses
-142,740
16,733
431,777
125,482
72,927
26,419
63,204
89,776
32,702
185,047
Operating Profit
158,307
121,713
-95,601
20,116
-968
38,632
3,327
-61,740
32,142
106,584
Interest Payable
Interest Receivable
1,788
3,635
986
106
83
383
211
179
438
203
Pre-Tax Profit
160,095
125,348
-94,615
20,222
-885
39,015
3,538
-61,561
32,580
106,787
Tax
-40,024
-31,337
-3,842
-7,413
-672
-6,516
-22,425
Profit After Tax
120,071
94,011
-94,615
16,380
-885
31,602
2,866
-61,561
26,064
84,362
Dividends Paid
Retained Profit
120,071
94,011
-94,615
16,380
-885
31,602
2,866
-61,561
26,064
84,362
Employee Costs
28,821
107,063
308,862
26,008
25,356
26,205
25,060
24,481
74,385
313,213
Number Of Employees
1
4
11
1
1
1
1
1
3
12
EBITDA*
166,764
138,627
-93,494
20,116
-939
38,672
3,380
-61,670
32,236
106,709
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Jun 2023
Jun 2022
Jun 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Tangible Assets
89
118
158
211
281
375
Intangible Assets
48,634
12,643
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
48,634
12,643
89
118
158
211
281
375
Stock & work in progress
40,599
38,516
29,409
33,143
41,332
16,426
14,235
Trade Debtors
16,261
42,010
34,484
19,203
14,595
14,391
3,204
12,217
50,908
Group Debtors
105,643
29,740
35,577
100,000
Misc Debtors
1,044
7,018
25,256
7,338
19,823
9,258
Cash
23,212
100,491
44,890
112,801
98,798
67,051
35,024
49,399
94,007
81,141
misc current assets
total current assets
128,855
187,091
162,037
276,694
125,019
140,045
98,085
88,852
129,717
132,049
total assets
128,855
235,725
174,680
276,694
125,108
140,163
98,243
89,063
129,998
132,424
Bank overdraft
Bank loan
Trade Creditors
4,570
17,583
43,322
2,855
928
924
842
3,847
1,319
48,061
Group/Directors Accounts
108,820
108,820
other short term finances
hp & lease commitments
other current liabilities
11,097
18,324
175,010
41,731
55,905
45,669
36,350
18,252
total current liabilities
4,570
137,500
170,466
177,865
42,659
56,829
46,511
40,197
19,571
48,061
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
4,570
137,500
170,466
177,865
42,659
56,829
46,511
40,197
19,571
48,061
net assets
124,285
98,225
4,214
98,829
82,449
83,334
51,732
48,866
110,427
84,363
total shareholders funds
124,285
98,225
4,214
98,829
82,449
83,334
51,732
48,866
110,427
84,363
Dec 2023
Jun 2023
Jun 2022
Jun 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Operating Activities
Operating Profit
158,307
121,713
-95,601
20,116
-968
38,632
3,327
-61,740
32,142
106,584
Depreciation
29
40
53
70
94
125
Amortisation
8,457
16,914
2,107
Tax
-40,024
-31,337
-3,842
-7,413
-672
-6,516
-22,425
Stock
-38,516
2,083
9,107
29,409
-33,143
-8,189
24,906
2,191
14,235
Debtors
27,012
-32,630
-55,853
108,263
-13,630
18,122
-1,298
1,552
-29,433
50,908
Creditors
-38,752
-25,739
40,467
1,927
4
82
-3,005
2,528
-46,742
48,061
Accruals and Deferred Income
-18,324
-7,227
-156,686
133,279
-14,174
10,236
9,319
18,098
18,252
Deferred Taxes & Provisions
Cash flow from operations
81,168
104,871
-162,967
13,808
31,664
31,644
-14,586
-44,787
12,428
81,437
Investing Activities
capital expenditure
4,186
-52,905
-14,750
89
-500
Change in Investments
cash flow from investments
4,186
-52,905
-14,750
89
-500
Financing Activities
Bank loans
Group/Directors Accounts
-108,820
108,820
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
1,788
3,635
986
106
83
383
211
179
438
203
cash flow from financing
-107,032
3,635
109,806
106
83
383
211
179
438
204
cash and cash equivalents
cash
-21,678
55,601
-67,911
14,003
31,747
32,027
-14,375
-44,608
12,866
81,141
overdraft
change in cash
-21,678
55,601
-67,911
14,003
31,747
32,027
-14,375
-44,608
12,866
81,141
discovery re ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for discovery re ltd. Get real-time insights into discovery re ltd's credit score, group structure and payment trends.
Perform a competitor analysis for discovery re ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in KT22 area or any other competitors across 12 key performance metrics.
top floor office, grove house, guildford road, leatherhead, KT22 9DF
Bank
-
Legal Advisor
-
discovery re ltd 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 4 charges/mortgages relating to discovery re ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
discovery re ltd 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.
Click to start generating capital raising & share issue transactions for DISCOVERY RE LTD. This can take several minutes, an email will notify you when this has completed.
discovery re ltdCompanies House Filings - See Documents
