corvus device limited
corvus device limited Company Information
Company Number
09517437
Next Accounts
Dec 2025
Shareholders
felicity ann chipperfield
mark anthony chipperfield
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
80 ravenscroft, holmes chapel, cheshire, CW4 7HJ
Website
corvusdevice.comcorvus device limited Estimated Valuation
Pomanda estimates the enterprise value of CORVUS DEVICE LIMITED at £61.6k based on a Turnover of £92.6k and 0.67x industry multiple (adjusted for size and gross margin).
corvus device limited Estimated Valuation
Pomanda estimates the enterprise value of CORVUS DEVICE LIMITED at £0 based on an EBITDA of £-81.4k and a 4.38x industry multiple (adjusted for size and gross margin).
corvus device limited Estimated Valuation
Pomanda estimates the enterprise value of CORVUS DEVICE LIMITED at £375.1k based on Net Assets of £191.2k and 1.96x industry multiple (adjusted for liquidity).
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Corvus Device Limited Overview
Corvus Device Limited is a live company located in cheshire, CW4 7HJ with a Companies House number of 09517437. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2015, it's largest shareholder is felicity ann chipperfield with a 50% stake. Corvus Device Limited is a established, micro sized company, Pomanda has estimated its turnover at £92.6k with declining growth in recent years.
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Corvus Device Limited Health Check
Pomanda's financial health check has awarded Corvus Device Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £92.6k, make it smaller than the average company (£848.9k)
- Corvus Device Limited
£848.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (8.2%)
- Corvus Device Limited
8.2% - Industry AVG
Production
with a gross margin of 40%, this company has a comparable cost of product (40%)
- Corvus Device Limited
40% - Industry AVG
Profitability
an operating margin of -89.4% make it less profitable than the average company (5.8%)
- Corvus Device Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Corvus Device Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Corvus Device Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £46.3k, this is less efficient (£73.3k)
- Corvus Device Limited
£73.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Corvus Device Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (37 days)
- Corvus Device Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corvus Device Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5190 weeks, this is more cash available to meet short term requirements (57 weeks)
5190 weeks - Corvus Device Limited
57 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (38%)
1.2% - Corvus Device Limited
38% - Industry AVG
CORVUS DEVICE LIMITED financials
Corvus Device Limited's latest turnover from March 2024 is estimated at £92.6 thousand and the company has net assets of £191.2 thousand. According to their latest financial statements, Corvus Device Limited has 2 employees and maintains cash reserves of £186.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,066 | 286 | 682 | 1,016 | 226 | 515 | 245 | 499 | 521 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 2,066 | 286 | 682 | 1,016 | 226 | 515 | 245 | 499 | 521 |
| Stock & work in progress | 6,628 | 6,975 | |||||||
| Trade Debtors | 10,502 | 35,692 | 46,603 | 41,432 | 28,771 | 6,559 | 30,524 | ||
| Group Debtors | |||||||||
| Misc Debtors | 4,553 | 256 | 1,963 | 288 | |||||
| Cash | 186,841 | 269,221 | 311,939 | 231,937 | 104,467 | 154,854 | 144,336 | 84,251 | 40,626 |
| misc current assets | |||||||||
| total current assets | 191,394 | 286,607 | 318,914 | 267,629 | 153,033 | 196,286 | 173,107 | 91,098 | 71,150 |
| total assets | 193,460 | 286,893 | 319,596 | 268,645 | 153,259 | 196,801 | 173,352 | 91,597 | 71,671 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,080 | 40 | 98 | 3,959 | 12 | ||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 792 | 24,888 | 84,922 | 36,632 | 2,287 | 16,525 | 28,304 | 18,927 | 57,142 |
| total current liabilities | 1,872 | 24,888 | 84,922 | 36,632 | 2,327 | 16,623 | 32,263 | 18,927 | 57,154 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 393 | 54 | 130 | 193 | 43 | 98 | 47 | 100 | 104 |
| total long term liabilities | 393 | 54 | 130 | 193 | 43 | 98 | 47 | 100 | 104 |
| total liabilities | 2,265 | 24,942 | 85,052 | 36,825 | 2,370 | 16,721 | 32,310 | 19,027 | 57,258 |
| net assets | 191,195 | 261,951 | 234,544 | 231,820 | 150,889 | 180,080 | 141,042 | 72,570 | 14,413 |
| total shareholders funds | 191,195 | 261,951 | 234,544 | 231,820 | 150,889 | 180,080 | 141,042 | 72,570 | 14,413 |
| Mar 2024 | Mar 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,319 | 396 | 1,191 | 733 | 289 | 289 | 442 | 379 | 261 |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -6,628 | -347 | 6,975 | ||||||
| Debtors | -6,205 | 10,758 | -35,692 | -12,874 | 7,134 | 12,661 | 21,924 | -23,677 | 30,524 |
| Creditors | 1,080 | -40 | -58 | -3,861 | 3,959 | -12 | 12 | ||
| Accruals and Deferred Income | -24,096 | -60,034 | 48,290 | 34,345 | -14,238 | -11,779 | 9,377 | -38,215 | 57,142 |
| Deferred Taxes & Provisions | 339 | -76 | -63 | 150 | -55 | 51 | -53 | -4 | 104 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -82,380 | -42,718 | 80,002 | 127,470 | -50,387 | 10,518 | 60,085 | 43,625 | 40,626 |
| overdraft | |||||||||
| change in cash | -82,380 | -42,718 | 80,002 | 127,470 | -50,387 | 10,518 | 60,085 | 43,625 | 40,626 |
corvus device limited Credit Report and Business Information
Corvus Device Limited Competitor Analysis
Perform a competitor analysis for corvus device limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CW4 area or any other competitors across 12 key performance metrics.
corvus device limited Ownership
CORVUS DEVICE LIMITED group structure
Corvus Device Limited has no subsidiary companies.
Ultimate parent company
CORVUS DEVICE LIMITED
09517437
corvus device limited directors
Corvus Device Limited currently has 2 directors. The longest serving directors include Mr Mark Chipperfield (Mar 2015) and Mrs Felicity Chipperfield (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Chipperfield | England | 57 years | Mar 2015 | - | Director |
| Mrs Felicity Chipperfield | England | 57 years | Apr 2020 | - | Director |
P&L
March 2024turnover
92.6k
-29%
operating profit
-82.7k
0%
gross margin
40.1%
-1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
191.2k
-0.27%
total assets
193.5k
-0.33%
cash
186.8k
-0.31%
net assets
Total assets minus all liabilities
corvus device limited company details
company number
09517437
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
80 ravenscroft, holmes chapel, cheshire, CW4 7HJ
Bank
-
Legal Advisor
-
corvus device 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 corvus device limited.
corvus device 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 CORVUS DEVICE LIMITED. This can take several minutes, an email will notify you when this has completed.
corvus device limited Companies House Filings - See Documents
| date | description | view/download |
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