Pomanda estimates the enterprise value of CARDO GROUP LIMITED at £242.8m based on a Turnover of £83.6m and 2.9x industry multiple (adjusted for size and gross margin).
cardo group limitedEstimated Valuation
£26.2m
Pomanda estimates the enterprise value of CARDO GROUP LIMITED at £26.2m based on an EBITDA of £3.3m and a 7.86x industry multiple (adjusted for size and gross margin).
cardo group limitedEstimated Valuation
£12.6m
Pomanda estimates the enterprise value of CARDO GROUP LIMITED at £12.6m based on Net Assets of £8.1m and 1.57x industry multiple (adjusted for liquidity).
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Cardo Group LimitedOverview
Cardo Group Limited is a live company located in south glamorgan, CF11 8QF with a Companies House number of 09435643. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in February 2015, it's largest shareholder is
bp inv6 bidco limited
with a 100% stake. Cardo Group Limited is a established,
large sized company, Pomanda has estimated its turnover at
£83.6m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Cardo Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £83.6m, make it larger than the average company (£13.2m)
£83.6m - Cardo Group Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (6.2%)
54% - Cardo Group Limited
6.2% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (43.5%)
16.9% - Cardo Group Limited
43.5% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (14.7%)
2.1% - Cardo Group Limited
14.7% - Industry AVG
Employees
with 652 employees, this is above the industry average (41)
652 - Cardo Group Limited
41 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has an equivalent pay structure (£45.5k)
£47.2k - Cardo Group Limited
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £128.2k, this is less efficient (£272.5k)
£128.2k - Cardo Group Limited
£272.5k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (38 days)
90 days - Cardo Group Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (36 days)
50 days - Cardo Group Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (205 days)
11 days - Cardo Group Limited
205 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is average cash available to meet short term requirements (14 weeks)
15 weeks - Cardo Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.3%, this is a higher level of debt than the average (63.5%)
82.3% - Cardo Group Limited
63.5% - Industry AVG
CARDO GROUP LIMITED financials
EXPORT
Cardo Group Limited's latest turnover from February 2024 is £83.6 million and the company has net assets of £8.1 million. According to their latest financial statements, Cardo Group Limited has 652 employees and maintains cash reserves of £8.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Turnover
83,607,319
35,615,084
31,711,269
22,993,519
21,160,011
18,024,750
11,996,147
Other Income Or Grants
Cost Of Sales
69,471,152
27,655,494
25,101,233
18,880,057
16,520,064
14,626,411
9,915,176
Gross Profit
14,136,167
7,959,590
6,610,036
4,113,462
4,639,947
3,398,339
2,080,971
Admin Expenses
12,423,280
6,360,567
4,525,793
2,221,071
2,841,983
1,986,949
1,148,481
Operating Profit
1,712,887
1,599,023
2,084,243
1,892,391
1,797,964
1,411,390
932,490
Interest Payable
528,246
65,615
55,359
18,003
12,939
23,342
34,286
Interest Receivable
3,608
5,823
126
281
1,733
Pre-Tax Profit
1,188,249
1,539,231
2,028,836
1,743,734
1,785,025
1,388,048
898,204
Tax
-371,669
-475,866
-414,389
-358,691
-349,114
-274,317
-174,387
Profit After Tax
816,580
1,063,365
1,614,447
1,385,043
1,435,911
1,113,731
723,817
Dividends Paid
197,900
256,192
201,529
125,000
Retained Profit
816,580
1,063,365
1,614,447
1,187,143
1,179,719
912,202
598,817
Employee Costs
30,805,898
9,432,896
7,170,515
4,465,032
4,035,875
3,141,392
2,035,235
Number Of Employees
652
292
236
151
130
111
109
EBITDA*
3,338,331
2,275,046
2,642,190
2,289,067
2,153,852
1,630,135
1,083,072
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Tangible Assets
5,229,602
2,871,777
2,174,752
1,359,216
1,141,290
730,111
480,897
Intangible Assets
2,184,876
139,630
20,642
6,359
Investments & Other
300
300
Debtors (Due After 1 year)
Total Fixed Assets
7,414,478
3,011,407
2,195,394
1,365,575
1,141,290
730,111
480,897
300
300
Stock & work in progress
2,157,958
1,088,323
1,811,133
586,566
562,982
647,173
87,200
Trade Debtors
20,818,946
6,747,279
4,321,899
2,162,685
4,804,006
3,175,956
1,824,933
Group Debtors
5,979,139
28,921
2,684,333
Misc Debtors
1,094,276
3,680,768
2,952,225
1,669,288
971,461
897,509
Cash
8,195,400
3,113,149
3,080,608
2,366,439
1,679,112
2,004,302
693,373
misc current assets
total current assets
38,245,719
14,658,440
12,165,865
9,469,311
8,017,561
6,724,940
3,076,114
total assets
45,660,197
17,669,847
14,361,259
10,834,886
9,158,851
7,455,051
3,557,011
300
300
Bank overdraft
4,323
3,205
Bank loan
Trade Creditors
9,520,421
3,190,578
2,173,400
2,244,204
2,278,629
1,824,798
1,050,067
Group/Directors Accounts
200
other short term finances
hp & lease commitments
1,656,530
930,081
622,179
369,199
319,516
244,753
other current liabilities
16,719,855
4,433,629
3,736,485
2,681,529
2,511,036
2,721,040
200
200
200
total current liabilities
27,897,006
8,554,288
6,532,064
5,294,932
5,109,181
4,794,914
1,949,593
200
200
loans
7,250,000
hp & lease commitments
1,760,748
1,210,285
1,248,539
803,674
558,061
379,739
Accruals and Deferred Income
other liabilities
provisions
682,912
652,323
391,069
161,140
103,612
72,120
total long term liabilities
9,693,660
1,862,608
1,639,608
964,814
661,673
451,859
311,342
total liabilities
37,590,666
10,416,896
8,171,672
6,259,746
5,770,854
5,246,773
2,260,935
200
200
net assets
8,069,531
7,252,951
6,189,587
4,575,140
3,387,997
2,208,278
1,296,076
100
100
total shareholders funds
8,069,531
7,252,951
6,189,587
4,575,140
3,387,997
2,208,278
1,296,076
100
100
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Operating Activities
Operating Profit
1,712,887
1,599,023
2,084,243
1,892,391
1,797,964
1,411,390
932,490
Depreciation
1,625,444
676,023
557,947
396,676
355,888
218,745
150,582
Amortisation
Tax
-371,669
-475,866
-414,389
-358,691
-349,114
-274,317
-174,387
Stock
1,069,635
-722,810
1,224,567
23,584
-84,191
559,973
87,200
Debtors
17,435,393
3,182,844
757,818
740,839
1,702,002
4,073,465
Creditors
6,329,843
1,017,178
-70,804
-34,425
453,831
774,731
1,050,067
Accruals and Deferred Income
12,286,226
697,144
1,054,956
170,493
-210,004
2,720,840
200
Deferred Taxes & Provisions
30,589
261,254
229,929
57,528
31,492
72,120
Cash flow from operations
3,108,292
1,314,722
1,459,497
1,359,549
462,246
290,071
1,871,552
200
Investing Activities
capital expenditure
-6,028,515
-1,492,036
-467,959
-631,479
Change in Investments
-300
300
cash flow from investments
-6,028,515
-1,492,036
-467,959
-631,179
-300
Financing Activities
Bank loans
Group/Directors Accounts
200
Other Short Term Loans
Long term loans
7,250,000
Hire Purchase and Lease Commitments
1,276,912
269,648
697,845
295,296
253,085
624,492
other long term liabilities
share issue
-1
697,159
100
interest
-524,638
-59,792
-55,233
-17,722
-12,939
-23,342
-32,553
cash flow from financing
8,002,474
209,855
642,612
277,574
240,146
601,150
664,606
100
cash and cash equivalents
cash
5,082,251
32,541
714,169
687,327
-325,190
1,310,929
693,373
overdraft
-4,323
1,118
3,205
change in cash
5,082,251
32,541
714,169
687,327
-320,867
1,309,811
690,168
cardo group limited 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 cardo group limited. Get real-time insights into cardo group limited's credit score, group structure and payment trends.
Perform a competitor analysis for cardo group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in CF11 area or any other competitors across 12 key performance metrics.
64203 - Activities of construction holding companies
68100 - Buying and selling of own real estate
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
BP INV6 LP
accounts
Group
last accounts submitted
February 2024
previous names
lcb group holdings limited (May 2023)
lcb construction holdings limited (October 2022)
accountant
-
auditor
XEINADIN AUDIT LIMITED
address
unit 1 & 2 stuart close trade pa, cardiff, south glamorgan, CF11 8QF
Bank
-
Legal Advisor
-
cardo 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 4 charges/mortgages relating to cardo group limited. Currently there are 3 open charges and 1 have been satisfied in the past.
cardo 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.
Click to start generating capital raising & share issue transactions for CARDO GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
cardo group limitedCompanies House Filings - See Documents
