corvita limited
corvita limited Company Information
Company Number
08844041
Website
www.corvitadigital.comRegistered Address
30 frogwell, chippenham, wiltshire, SN14 0DQ
Industry
Business and domestic software development
Telephone
01225667096
Next Accounts Due
October 2025
Group Structure
View All
Directors
Edward Kerr10 Years
Shareholders
edward robert kerr 100%
corvita limited Estimated Valuation
Pomanda estimates the enterprise value of CORVITA LIMITED at £39.8k based on a Turnover of £50.3k and 0.79x industry multiple (adjusted for size and gross margin).
corvita limited Estimated Valuation
Pomanda estimates the enterprise value of CORVITA LIMITED at £77.6k based on an EBITDA of £14.9k and a 5.2x industry multiple (adjusted for size and gross margin).
corvita limited Estimated Valuation
Pomanda estimates the enterprise value of CORVITA LIMITED at £0 based on Net Assets of £-7.9k and 2.37x industry multiple (adjusted for liquidity).
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Corvita Limited Overview
Corvita Limited is a live company located in wiltshire, SN14 0DQ with a Companies House number of 08844041. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 2014, it's largest shareholder is edward robert kerr with a 100% stake. Corvita Limited is a established, micro sized company, Pomanda has estimated its turnover at £50.3k with healthy growth in recent years.
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Corvita Limited Health Check
Pomanda's financial health check has awarded Corvita Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £50.3k, make it smaller than the average company (£2.9m)
- Corvita Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (10.3%)
- Corvita Limited
10.3% - Industry AVG
Production
with a gross margin of 73.4%, this company has a comparable cost of product (73.4%)
- Corvita Limited
73.4% - Industry AVG
Profitability
an operating margin of 28.8% make it more profitable than the average company (4.5%)
- Corvita Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (28)
1 - Corvita Limited
28 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has an equivalent pay structure (£66.9k)
- Corvita Limited
£66.9k - Industry AVG
Efficiency
resulting in sales per employee of £50.3k, this is less efficient (£116.1k)
- Corvita Limited
£116.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (59 days)
- Corvita Limited
59 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Corvita Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corvita Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (19 weeks)
19 weeks - Corvita Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211.8%, this is a higher level of debt than the average (56.6%)
211.8% - Corvita Limited
56.6% - Industry AVG
CORVITA LIMITED financials
Corvita Limited's latest turnover from January 2024 is estimated at £50.3 thousand and the company has net assets of -£7.9 thousand. According to their latest financial statements, Corvita Limited has 1 employee and maintains cash reserves of £5.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,338 | 1,784 | 2,378 | 1,981 | 505 | 673 | 897 | 1,196 | 1,594 | 2,126 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 1,338 | 1,784 | 2,378 | 1,981 | 505 | 673 | 897 | 1,196 | 1,594 | 2,126 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 151 | 1,390 | 2,618 | 216 | 936 | 4,842 | 3,474 | 18 | 18 | 396 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 342 | 7 | 0 |
| Cash | 5,507 | 6,355 | 13,635 | 8,276 | 3,576 | 5,418 | 7,006 | 1,645 | 2,577 | 467 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,703 | 7,745 | 16,253 | 8,492 | 4,512 | 10,260 | 10,480 | 2,005 | 2,602 | 863 |
| total assets | 7,041 | 9,529 | 18,631 | 10,473 | 5,017 | 10,933 | 11,377 | 3,201 | 4,196 | 2,989 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,897 |
| Group/Directors Accounts | 2,582 | 2,120 | 2,120 | 801 | 357 | 357 | 357 | 357 | 307 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 12,331 | 26,365 | 42,192 | 62,989 | 59,673 | 41,495 | 29,305 | 4,001 | 3,278 | 0 |
| total current liabilities | 14,913 | 28,485 | 44,312 | 63,790 | 60,030 | 41,852 | 29,662 | 4,358 | 3,585 | 3,897 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 14,913 | 28,485 | 44,312 | 63,790 | 60,030 | 41,852 | 29,662 | 4,358 | 3,585 | 3,897 |
| net assets | -7,872 | -18,956 | -25,681 | -53,317 | -55,013 | -30,919 | -18,285 | -1,157 | 611 | -908 |
| total shareholders funds | -7,872 | -18,956 | -25,681 | -53,317 | -55,013 | -30,919 | -18,285 | -1,157 | 611 | -908 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 446 | 594 | 793 | 757 | 168 | 224 | 299 | 398 | 532 | 708 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,194 | -1,228 | 2,402 | -720 | -3,906 | 1,368 | 3,114 | 335 | -371 | 396 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,897 | 3,897 |
| Accruals and Deferred Income | -14,034 | -15,827 | -20,797 | 3,316 | 18,178 | 12,190 | 25,304 | 723 | 3,278 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 462 | 0 | 1,319 | 444 | 0 | 0 | 0 | 50 | 307 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -848 | -7,280 | 5,359 | 4,700 | -1,842 | -1,588 | 5,361 | -932 | 2,110 | 467 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -848 | -7,280 | 5,359 | 4,700 | -1,842 | -1,588 | 5,361 | -932 | 2,110 | 467 |
corvita limited Credit Report and Business Information
Corvita Limited Competitor Analysis
Perform a competitor analysis for corvita limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SN14 area or any other competitors across 12 key performance metrics.
corvita limited Ownership
CORVITA LIMITED group structure
Corvita Limited has no subsidiary companies.
Ultimate parent company
CORVITA LIMITED
08844041
corvita limited directors
Corvita Limited currently has 1 director, Mr Edward Kerr serving since Jan 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Kerr | United Kingdom | 39 years | Jan 2014 | - | Director |
P&L
January 2024turnover
50.3k
-4%
operating profit
14.5k
0%
gross margin
73.4%
+1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-7.9k
-0.58%
total assets
7k
-0.26%
cash
5.5k
-0.13%
net assets
Total assets minus all liabilities
corvita limited company details
company number
08844041
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
January 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2024
address
30 frogwell, chippenham, wiltshire, SN14 0DQ
accountant
BLUE SKY ACCOUNTING LTD
auditor
-
corvita 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 corvita limited.
corvita limited Companies House Filings - See Documents
| date | description | view/download |
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