coventbridge group limited
coventbridge group limited Company Information
Company Number
10037906
Next Accounts
Sep 2025
Shareholders
harwood private equity iv l.p.
harwood capital nominees limited - client account sc
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
1 bow churchyard, london, EC4M 9DQ
Website
www.coventbridge.comcoventbridge group limited Estimated Valuation
Pomanda estimates the enterprise value of COVENTBRIDGE GROUP LIMITED at £139.2m based on a Turnover of £66.6m and 2.09x industry multiple (adjusted for size and gross margin).
coventbridge group limited Estimated Valuation
Pomanda estimates the enterprise value of COVENTBRIDGE GROUP LIMITED at £44.3m based on an EBITDA of £5.1m and a 8.73x industry multiple (adjusted for size and gross margin).
coventbridge group limited Estimated Valuation
Pomanda estimates the enterprise value of COVENTBRIDGE GROUP LIMITED at £0 based on Net Assets of £-19.1m and 1.31x industry multiple (adjusted for liquidity).
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Coventbridge Group Limited Overview
Coventbridge Group Limited is a live company located in london, EC4M 9DQ with a Companies House number of 10037906. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2016, it's largest shareholder is harwood private equity iv l.p. with a 92.8% stake. Coventbridge Group Limited is a young, large sized company, Pomanda has estimated its turnover at £66.6m with declining growth in recent years.
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Coventbridge Group Limited Health Check
Pomanda's financial health check has awarded Coventbridge Group Limited a 2.5 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £66.6m, make it larger than the average company (£18.9m)
£66.6m - Coventbridge Group Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (10.5%)
- Coventbridge Group Limited
10.5% - Industry AVG
Production
with a gross margin of 26.1%, this company has a higher cost of product (36.3%)
26.1% - Coventbridge Group Limited
36.3% - Industry AVG
Profitability
an operating margin of 5.6% make it more profitable than the average company (4.5%)
5.6% - Coventbridge Group Limited
4.5% - Industry AVG
Employees
with 906 employees, this is above the industry average (104)
906 - Coventbridge Group Limited
104 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£44.7k)
£39.3k - Coventbridge Group Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £73.5k, this is less efficient (£191k)
£73.5k - Coventbridge Group Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (45 days)
52 days - Coventbridge Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (44 days)
13 days - Coventbridge Group Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Coventbridge Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Coventbridge Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 217.6%, this is a higher level of debt than the average (69.7%)
217.6% - Coventbridge Group Limited
69.7% - Industry AVG
COVENTBRIDGE GROUP LIMITED financials
Coventbridge Group Limited's latest turnover from December 2023 is £66.6 million and the company has net assets of -£19.1 million. According to their latest financial statements, Coventbridge Group Limited has 906 employees and maintains cash reserves of £885.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 66,586,746 | 69,092,542 | 67,475,222 | 67,362,308 | 55,381,845 | 51,528,018 | 46,466,155 | 37,922,750 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 49,185,108 | 50,214,108 | 50,333,508 | 49,818,453 | 40,320,497 | 37,415,096 | 35,517,953 | 29,387,094 |
| Gross Profit | 17,401,637 | 18,878,434 | 17,141,714 | 17,543,855 | 15,061,348 | 14,112,922 | 10,948,202 | 8,535,656 |
| Admin Expenses | 13,707,486 | 17,380,755 | 18,329,354 | 20,784,090 | 15,598,993 | 14,093,441 | 15,244,888 | 10,513,017 |
| Operating Profit | 3,694,151 | 1,497,679 | -1,187,640 | -3,240,235 | -537,645 | 19,481 | -4,296,686 | -1,977,361 |
| Interest Payable | 2,122,176 | 2,025,074 | 2,089,280 | 2,453,763 | 1,772,421 | 1,872,610 | 1,754,640 | 994,000 |
| Interest Receivable | ||||||||
| Pre-Tax Profit | 1,571,975 | -527,395 | -3,276,920 | -5,693,998 | -2,310,065 | -1,853,129 | -6,051,326 | -2,971,361 |
| Tax | -110,358 | 130,127 | 8,943 | 204,657 | 76,593 | -7,819 | -38,435 | -6,166 |
| Profit After Tax | 1,461,617 | -397,268 | -3,267,977 | -5,489,341 | -2,233,472 | -1,860,948 | -6,089,761 | -2,977,528 |
| Dividends Paid | ||||||||
| Retained Profit | 1,461,617 | -397,268 | -3,267,977 | -5,489,341 | -2,233,472 | -1,860,948 | -6,089,761 | -2,977,528 |
| Employee Costs | 35,645,877 | 38,156,837 | 38,243,013 | 38,326,996 | 29,658,085 | 28,933,045 | 30,444,854 | 24,066,433 |
| Number Of Employees | 906 | 938 | 946 | 859 | 895 | 816 | 844 | 858 |
| EBITDA* | 5,072,287 | 5,307,883 | 3,023,253 | 1,492,626 | 2,906,694 | 3,305,917 | -1,310,724 | -68,896 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 234,741 | 609,706 | 929,914 | 1,089,293 | 724,503 | 878,649 | 1,663,432 | 1,726,025 |
| Intangible Assets | 3,330,665 | 3,700,056 | 6,585,795 | 10,871,327 | 11,866,310 | 8,259,158 | 10,073,589 | 10,603,073 |
| Investments & Other | 1 | 1 | ||||||
| Debtors (Due After 1 year) | 1,156,315 | 1,066,612 | 139,386 | |||||
| Total Fixed Assets | 4,721,722 | 5,376,375 | 7,515,710 | 11,960,621 | 12,590,813 | 9,137,807 | 11,737,021 | 12,468,485 |
| Stock & work in progress | ||||||||
| Trade Debtors | 9,499,396 | 9,870,006 | 9,892,584 | 10,264,632 | 9,702,714 | 6,021,026 | 6,716,964 | 8,339,367 |
| Group Debtors | ||||||||
| Misc Debtors | 1,163,938 | 783,898 | 1,331,634 | 891,796 | 703,471 | 666,322 | 623,499 | 827,710 |
| Cash | 885,629 | 153,062 | 653,771 | 638,569 | 963,422 | 831,993 | 300,218 | 1,252,105 |
| misc current assets | ||||||||
| total current assets | 11,548,963 | 10,806,968 | 11,877,991 | 11,794,998 | 11,369,607 | 7,519,342 | 7,640,682 | 10,419,183 |
| total assets | 16,270,685 | 16,183,343 | 19,393,700 | 23,755,619 | 23,960,421 | 16,657,149 | 19,377,702 | 22,887,668 |
| Bank overdraft | 1 | 1 | 1 | 1 | 1 | |||
| Bank loan | 995,785 | 3,448,639 | 526,604 | 3,363,985 | 1,663,690 | 2,592,768 | 3,383,949 | |
| Trade Creditors | 1,801,835 | 2,405,657 | 2,723,175 | 2,355,015 | 1,912,365 | 862,333 | 1,133,019 | 950,012 |
| Group/Directors Accounts | ||||||||
| other short term finances | 61,853 | 91,262 | 86,694 | 7,398 | 7,907 | 6,481,084 | 6,120,527 | |
| hp & lease commitments | ||||||||
| other current liabilities | 9,426,547 | 8,820,271 | 8,510,031 | 12,337,819 | 4,871,903 | 4,073,561 | 5,350,217 | 3,860,369 |
| total current liabilities | 11,290,236 | 12,312,977 | 14,768,540 | 15,219,440 | 10,155,652 | 6,607,492 | 15,557,089 | 14,314,858 |
| loans | 23,577,003 | 23,638,859 | 24,386,360 | 26,444,280 | 23,692,026 | 20,360,000 | 12,048,390 | 10,659,133 |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 69,500 | |||||||
| provisions | 541,698 | 536,714 | 763,384 | 908,577 | 938,776 | 257,804 | ||
| total long term liabilities | 24,118,702 | 24,175,574 | 25,149,744 | 27,352,858 | 24,630,803 | 20,360,000 | 12,306,195 | 10,728,634 |
| total liabilities | 35,408,938 | 36,488,551 | 39,918,285 | 42,572,297 | 34,786,456 | 26,967,492 | 27,863,284 | 25,043,492 |
| net assets | -19,138,252 | -20,305,208 | -20,524,585 | -18,816,678 | -10,826,035 | -10,310,343 | -8,485,582 | -2,155,824 |
| total shareholders funds | -19,138,252 | -20,305,208 | -20,524,585 | -18,816,678 | -10,826,035 | -10,310,343 | -8,485,582 | -2,155,824 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 3,694,151 | 1,497,679 | -1,187,640 | -3,240,235 | -537,645 | 19,481 | -4,296,686 | -1,977,361 |
| Depreciation | 771,847 | 523,994 | 454,531 | 278,410 | 371,861 | 904,358 | 842,898 | 415,670 |
| Amortisation | 606,290 | 3,286,210 | 3,756,361 | 4,454,451 | 3,072,478 | 2,382,078 | 2,143,064 | 1,492,795 |
| Tax | -110,358 | 130,127 | 8,943 | 204,657 | 76,593 | -7,819 | -38,435 | -6,166 |
| Stock | ||||||||
| Debtors | 99,131 | 496,298 | 67,791 | 750,243 | 3,718,837 | -653,115 | -1,966,000 | 9,306,463 |
| Creditors | -603,822 | -317,518 | 368,159 | 442,651 | 1,050,032 | -270,686 | 183,007 | 950,012 |
| Accruals and Deferred Income | 606,276 | 310,240 | -3,827,788 | 7,465,916 | 798,342 | -1,276,656 | 1,489,848 | 3,860,369 |
| Deferred Taxes & Provisions | 4,984 | -226,670 | -145,193 | -30,199 | 938,776 | -257,804 | 257,804 | |
| Cash flow from operations | 4,870,237 | 4,707,764 | -640,418 | 8,825,408 | 2,051,600 | 2,146,067 | 2,547,500 | -4,571,144 |
| Investing Activities | ||||||||
| capital expenditure | -945,048 | -1,599,367 | -12,687,221 | |||||
| Change in Investments | 1 | |||||||
| cash flow from investments | -1 | -945,048 | -1,599,367 | -12,687,221 | ||||
| Financing Activities | ||||||||
| Bank loans | -995,785 | -2,452,854 | 2,922,035 | -2,837,381 | 1,700,295 | -929,078 | -791,181 | 3,383,949 |
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | -29,409 | 4,568 | 86,694 | -7,398 | -509 | -6,473,177 | 360,557 | 6,120,527 |
| Long term loans | -61,856 | -747,501 | -2,057,920 | 2,752,254 | 3,332,026 | 8,311,610 | 1,389,257 | 10,659,133 |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -69,500 | 69,500 | ||||||
| share issue | ||||||||
| interest | -2,122,176 | -2,025,074 | -2,089,280 | -2,453,763 | -1,772,421 | -1,872,610 | -1,754,640 | -994,000 |
| cash flow from financing | -3,503,887 | -4,604,216 | 421,599 | -5,047,590 | 4,977,171 | -927,069 | -1,105,503 | 20,060,813 |
| cash and cash equivalents | ||||||||
| cash | 732,567 | -500,709 | 15,202 | -324,852 | 131,429 | 531,774 | -951,886 | 1,252,105 |
| overdraft | -1 | 1 | -1 | 1 | ||||
| change in cash | 732,568 | -500,709 | 15,202 | -324,852 | 131,428 | 531,774 | -951,885 | 1,252,104 |
coventbridge group limited Credit Report and Business Information
Coventbridge Group Limited Competitor Analysis
Perform a competitor analysis for coventbridge group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4M area or any other competitors across 12 key performance metrics.
coventbridge group limited Ownership
COVENTBRIDGE GROUP LIMITED group structure
Coventbridge Group Limited has 1 subsidiary company.
coventbridge group limited directors
Coventbridge Group Limited currently has 4 directors. The longest serving directors include Mr Michael Liss (Mar 2016) and Mr Christopher Mills (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Liss | United Kingdom | 70 years | Mar 2016 | - | Director |
| Mr Christopher Mills | United Kingdom | 72 years | Mar 2016 | - | Director |
| Mr James Agnew | United Kingdom | 50 years | Mar 2016 | - | Director |
| Mr Geoffrey Gorman | United Kingdom | 68 years | Mar 2016 | - | Director |
P&L
December 2023turnover
66.6m
-4%
operating profit
3.7m
+147%
gross margin
26.2%
-4.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-19.1m
-0.06%
total assets
16.3m
+0.01%
cash
885.6k
+4.79%
net assets
Total assets minus all liabilities
coventbridge group limited company details
company number
10037906
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
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
bdb newco limited (March 2016)
accountant
-
auditor
RSM UK AUDIT LLP
address
1 bow churchyard, london, EC4M 9DQ
Bank
-
Legal Advisor
-
coventbridge 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 did not find charges/mortgages relating to coventbridge group limited.
coventbridge 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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coventbridge group limited Companies House Filings - See Documents
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