briggs & forrester (uk) limited

Live YoungMegaDeclining

briggs & forrester (uk) limited Company Information

Share BRIGGS & FORRESTER (UK) LIMITED

Company Number

10108002

Shareholders

fiduchi trustees ltd

fiduchi trustees limited

View All

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

bembridge house bembridge drive, kingsthorpe, northampton, NN2 6LZ

briggs & forrester (uk) limited Estimated Valuation

£161.2m

Pomanda estimates the enterprise value of BRIGGS & FORRESTER (UK) LIMITED at £161.2m based on a Turnover of £212.5m and 0.76x industry multiple (adjusted for size and gross margin).

briggs & forrester (uk) limited Estimated Valuation

£19.8m

Pomanda estimates the enterprise value of BRIGGS & FORRESTER (UK) LIMITED at £19.8m based on an EBITDA of £3.3m and a 6x industry multiple (adjusted for size and gross margin).

briggs & forrester (uk) limited Estimated Valuation

£21.9m

Pomanda estimates the enterprise value of BRIGGS & FORRESTER (UK) LIMITED at £21.9m based on Net Assets of £10.4m and 2.11x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Briggs & Forrester (uk) Limited Overview

Briggs & Forrester (uk) Limited is a live company located in northampton, NN2 6LZ with a Companies House number of 10108002. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2016, it's largest shareholder is fiduchi trustees ltd with a 62.5% stake. Briggs & Forrester (uk) Limited is a young, mega sized company, Pomanda has estimated its turnover at £212.5m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Briggs & Forrester (uk) Limited Health Check

Pomanda's financial health check has awarded Briggs & Forrester (Uk) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

7 Weak

size

Size

annual sales of £212.5m, make it larger than the average company (£19.9m)

£212.5m - Briggs & Forrester (uk) Limited

£19.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.1%)

-2% - Briggs & Forrester (uk) Limited

6.1% - Industry AVG

production

Production

with a gross margin of 12.2%, this company has a higher cost of product (33%)

12.2% - Briggs & Forrester (uk) Limited

33% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (5.7%)

0.5% - Briggs & Forrester (uk) Limited

5.7% - Industry AVG

employees

Employees

with 812 employees, this is above the industry average (110)

812 - Briggs & Forrester (uk) Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £61.3k, the company has a higher pay structure (£47.5k)

£61.3k - Briggs & Forrester (uk) Limited

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £261.7k, this is more efficient (£197.6k)

£261.7k - Briggs & Forrester (uk) Limited

£197.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 99 days, this is later than average (45 days)

99 days - Briggs & Forrester (uk) Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 101 days, this is slower than average (43 days)

101 days - Briggs & Forrester (uk) Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (49 days)

0 days - Briggs & Forrester (uk) Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)

10 weeks - Briggs & Forrester (uk) Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.2%, this is a higher level of debt than the average (55.8%)

90.2% - Briggs & Forrester (uk) Limited

55.8% - Industry AVG

BRIGGS & FORRESTER (UK) LIMITED financials

EXPORTms excel logo

Briggs & Forrester (Uk) Limited's latest turnover from October 2023 is £212.5 million and the company has net assets of £10.4 million. According to their latest financial statements, Briggs & Forrester (Uk) Limited has 812 employees and maintains cash reserves of £18.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Turnover212,480,023229,247,403234,154,367223,157,503259,843,554222,352,600181,715,577115,105,402
Other Income Or Grants
Cost Of Sales186,577,180203,894,937207,227,446194,734,974231,746,002192,640,429154,870,03799,744,437
Gross Profit25,902,84325,352,46626,926,92128,422,52928,097,55229,712,17126,845,54015,360,965
Admin Expenses24,781,34325,343,53925,133,90724,328,51324,959,91924,808,35322,717,51213,433,335
Operating Profit1,121,5008,9271,793,0144,094,0163,137,6334,903,8184,128,0281,927,630
Interest Payable216,06074,88188,46613,54419,82324,03521,84692,222
Interest Receivable96,71390,9553,57835,261116,27473,80619,42443,060
Pre-Tax Profit1,002,15325,0011,708,1264,115,7333,234,0844,953,5894,125,6061,878,468
Tax-624,874-299,998-626,980-1,190,530-784,645-1,403,509-1,059,629-459,432
Profit After Tax377,279-274,9971,081,1462,925,2032,449,4393,550,0803,065,9771,419,036
Dividends Paid603,163479,640
Retained Profit377,279-274,9971,081,1462,925,2031,846,2763,070,4403,065,9771,419,036
Employee Costs49,783,48951,075,69053,198,53452,388,72954,972,23648,623,55144,003,40224,585,561
Number Of Employees812874897935924780769743
EBITDA*3,306,1492,368,1944,147,4996,539,3355,562,0117,103,7356,232,5872,716,597

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Tangible Assets7,078,6348,497,5138,977,4159,293,7659,692,5143,192,3342,494,0262,381,585
Intangible Assets12,756,71614,093,94115,582,04717,027,41318,490,32319,681,88821,000,82622,203,484
Investments & Other1,020,5471,020,547969,547788,417688,417610,367610,367555,167
Debtors (Due After 1 year)1,204,884894,359888,103
Total Fixed Assets22,060,78124,506,36026,417,11227,109,59528,871,25423,484,58924,105,21925,140,236
Stock & work in progress237,051241,548454,910693,395294,356298,646269,043271,524
Trade Debtors58,082,54858,588,41763,204,79465,558,33561,358,52969,355,96642,161,66441,629,609
Group Debtors
Misc Debtors6,776,5475,548,9854,536,3002,998,3843,989,5394,582,9683,016,1782,613,587
Cash18,625,5617,051,23419,002,59623,355,83324,358,62735,375,55932,594,25028,989,633
misc current assets
total current assets83,721,70771,430,18487,198,60092,605,94790,001,051109,613,13978,041,13573,504,353
total assets105,782,48895,936,544113,615,712119,715,542118,872,305133,097,728102,146,35498,644,589
Bank overdraft
Bank loan269,5002,850,0002,519,1005,088,198
Trade Creditors 51,639,98248,534,53951,586,05048,098,66247,489,65254,422,54438,842,86836,714,163
Group/Directors Accounts
other short term finances900,000
hp & lease commitments92119,54281,726107,176111,471
other current liabilities40,220,05937,537,88651,891,73759,327,11457,611,27164,004,41447,967,74337,488,808
total current liabilities92,129,54186,072,425103,477,787107,426,697105,120,465121,358,68489,436,88780,302,640
loans3,086,1251,767,738
hp & lease commitments21,86480,017187,193
Accruals and Deferred Income
other liabilities
provisions180,601198,309197,118186,73991,940147,000129,755
total long term liabilities3,266,726198,309197,118186,73991,940168,864209,7721,954,931
total liabilities95,396,26786,270,734103,674,905107,613,436105,212,405121,527,54889,646,65982,257,571
net assets10,386,2219,665,8109,940,80712,102,10613,659,90011,570,18012,499,69516,387,018
total shareholders funds10,386,2219,665,8109,940,80712,102,10613,659,90011,570,18012,499,69516,387,018
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Operating Activities
Operating Profit1,121,5008,9271,793,0144,094,0163,137,6334,903,8184,128,0281,927,630
Depreciation713,250789,564795,757891,354899,471747,985689,256326,491
Amortisation1,471,3991,569,7031,558,7281,553,9651,524,9071,451,9321,415,303462,476
Tax-624,874-299,998-626,980-1,190,530-784,645-1,403,509-1,059,629-459,432
Stock-4,497-213,362-238,485399,039-4,29029,603-2,481271,524
Debtors1,032,218-3,597,43672,4783,208,651-8,590,86628,761,092934,64644,243,196
Creditors3,105,443-3,051,5113,487,388609,010-6,932,89215,579,6762,128,70536,714,163
Accruals and Deferred Income2,682,173-14,353,851-7,435,3771,715,843-6,393,14316,036,67110,478,93537,488,808
Deferred Taxes & Provisions-17,7081,19110,37994,799-55,06017,245129,755
Cash flow from operations7,423,462-11,525,177-251,0844,160,767-8,5738,543,12316,978,18831,945,416
Investing Activities
capital expenditure-5,579,242-8,022,017-13,687,946
Change in Investments51,000181,130100,00078,05055,200555,167
cash flow from investments-51,000-181,130-100,000-78,050-5,579,242-8,077,217-14,243,113
Financing Activities
Bank loans269,500-2,850,000330,900-2,569,0985,088,198
Group/Directors Accounts
Other Short Term Loans -900,000900,000
Long term loans3,086,125-1,767,7381,767,738
Hire Purchase and Lease Commitments-921-18,621-84,048-83,603-111,471298,664
other long term liabilities
share issue343,132-3,242,445-4,482,997243,444-3,999,955-6,953,30014,967,982
interest-119,34716,074-84,88821,71796,45149,771-2,422-49,162
cash flow from financing3,579,41016,074-3,328,254-4,479,901-2,594,153-3,702,887-12,304,02922,973,420
cash and cash equivalents
cash11,574,327-11,951,362-4,353,237-1,002,794-11,016,9322,781,3093,604,61728,989,633
overdraft
change in cash11,574,327-11,951,362-4,353,237-1,002,794-11,016,9322,781,3093,604,61728,989,633

briggs & forrester (uk) 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 briggs & forrester (uk) limited. Get real-time insights into briggs & forrester (uk) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Briggs & Forrester (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for briggs & forrester (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in NN2 area or any other competitors across 12 key performance metrics.

briggs & forrester (uk) limited Ownership

BRIGGS & FORRESTER (UK) LIMITED group structure

Briggs & Forrester (Uk) Limited has 2 subsidiary companies.

Ultimate parent company

BRIGGS & FORRESTER (UK) LIMITED

10108002

2 subsidiaries

BRIGGS & FORRESTER (UK) LIMITED Shareholders

fiduchi trustees ltd 62.54%
fiduchi trustees limited 33.06%
briggs & forrester (uk) limited 4.4%

briggs & forrester (uk) limited directors

Briggs & Forrester (Uk) Limited currently has 4 directors. The longest serving directors include Mr Paul Burton (Apr 2016) and Mr Duncan Benedetti (Jan 2019).

officercountryagestartendrole
Mr Paul Burton61 years Apr 2016- Director
Mr Duncan Benedetti50 years Jan 2019- Director
Mr Ian Lawrence62 years Jan 2019- Director
Mr Jeremy Askew55 years Jun 2021- Director

P&L

October 2023

turnover

212.5m

-7%

operating profit

1.1m

+12463%

gross margin

12.2%

+10.23%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

10.4m

+0.07%

total assets

105.8m

+0.1%

cash

18.6m

+1.64%

net assets

Total assets minus all liabilities

briggs & forrester (uk) limited company details

company number

10108002

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

MHA

address

bembridge house bembridge drive, kingsthorpe, northampton, NN2 6LZ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

briggs & forrester (uk) 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 briggs & forrester (uk) limited.

briggs & forrester (uk) 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 BRIGGS & FORRESTER (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.

briggs & forrester (uk) limited Companies House Filings - See Documents

datedescriptionview/download