corrboard bioenergy limited
corrboard bioenergy limited Company Information
Company Number
10154074
Next Accounts
Sep 2025
Industry
Other manufacturing n.e.c.
Shareholders
leavale investments limited
mclaren packaging ltd
Group Structure
View All
Contact
Registered Address
the old school high street, stretham, ely, CB6 3LD
Website
www.corrboarduk.comcorrboard bioenergy limited Estimated Valuation
Pomanda estimates the enterprise value of CORRBOARD BIOENERGY LIMITED at £8.8m based on a Turnover of £11.9m and 0.74x industry multiple (adjusted for size and gross margin).
corrboard bioenergy limited Estimated Valuation
Pomanda estimates the enterprise value of CORRBOARD BIOENERGY LIMITED at £0 based on an EBITDA of £-1.6m and a 5.12x industry multiple (adjusted for size and gross margin).
corrboard bioenergy limited Estimated Valuation
Pomanda estimates the enterprise value of CORRBOARD BIOENERGY LIMITED at £0 based on Net Assets of £-5.4m and 2.09x industry multiple (adjusted for liquidity).
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Corrboard Bioenergy Limited Overview
Corrboard Bioenergy Limited is a live company located in ely, CB6 3LD with a Companies House number of 10154074. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 2016, it's largest shareholder is leavale investments limited with a 75% stake. Corrboard Bioenergy Limited is a young, mid sized company, Pomanda has estimated its turnover at £11.9m with rapid growth in recent years.
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Corrboard Bioenergy Limited Health Check
Pomanda's financial health check has awarded Corrboard Bioenergy Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £11.9m, make it in line with the average company (£14.4m)
- Corrboard Bioenergy Limited
£14.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (6.1%)
- Corrboard Bioenergy Limited
6.1% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (30%)
- Corrboard Bioenergy Limited
30% - Industry AVG
Profitability
an operating margin of -16% make it less profitable than the average company (6.4%)
- Corrboard Bioenergy Limited
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (72)
2 - Corrboard Bioenergy Limited
72 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Corrboard Bioenergy Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £5.9m, this is more efficient (£182.6k)
- Corrboard Bioenergy Limited
£182.6k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (53 days)
- Corrboard Bioenergy Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 399 days, this is slower than average (40 days)
- Corrboard Bioenergy Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corrboard Bioenergy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Corrboard Bioenergy Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 208.9%, this is a higher level of debt than the average (47.6%)
208.9% - Corrboard Bioenergy Limited
47.6% - Industry AVG
CORRBOARD BIOENERGY LIMITED financials
Corrboard Bioenergy Limited's latest turnover from December 2023 is estimated at £11.9 million and the company has net assets of -£5.4 million. According to their latest financial statements, Corrboard Bioenergy Limited has 2 employees and maintains cash reserves of £12.8 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 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,752,731 | 5,048,890 | 5,350,395 | 5,568,862 | 5,711,183 | 2,647,620 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,752,731 | 5,048,890 | 5,350,395 | 5,568,862 | 5,711,183 | 2,647,620 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 163,334 | 408,585 | 382,416 | 644,969 | 207,933 | 109,968 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 12,790 | 82,134 | 141,734 | 8,346 | 10,334 | 108,336 | 1 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 176,124 | 490,719 | 524,150 | 653,315 | 218,267 | 218,304 | 1 | 0 |
| total assets | 4,928,855 | 5,539,609 | 5,874,545 | 6,222,177 | 5,929,450 | 2,865,924 | 1 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,279,987 | 1,384,628 | 1,406,962 | 1,660,733 | 1,178,997 | 788,511 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 10,279,987 | 1,384,628 | 1,406,962 | 1,660,733 | 1,178,997 | 788,511 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 2,077,313 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 16,514 | 7,623,836 | 6,986,263 | 6,195,430 | 5,268,781 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,514 | 7,623,836 | 6,986,263 | 6,195,430 | 5,268,781 | 2,077,313 | 0 | 0 |
| total liabilities | 10,296,501 | 9,008,464 | 8,393,225 | 7,856,163 | 6,447,778 | 2,865,824 | 0 | 0 |
| net assets | -5,367,646 | -3,468,855 | -2,518,680 | -1,633,986 | -518,328 | 100 | 1 | 0 |
| total shareholders funds | -5,367,646 | -3,468,855 | -2,518,680 | -1,633,986 | -518,328 | 100 | 1 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 301,786 | 301,505 | 301,504 | 297,353 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -245,251 | 26,169 | -262,553 | 437,036 | 97,965 | 109,968 | 0 | 0 |
| Creditors | 8,895,359 | -22,334 | -253,771 | 481,736 | 390,486 | 788,511 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -2,077,313 | 2,077,313 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -7,607,322 | 637,573 | 790,833 | 926,649 | 5,268,781 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -69,344 | -59,600 | 133,388 | -1,988 | -98,002 | 108,335 | 1 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -69,344 | -59,600 | 133,388 | -1,988 | -98,002 | 108,335 | 1 | 0 |
corrboard bioenergy limited Credit Report and Business Information
Corrboard Bioenergy Limited Competitor Analysis
Perform a competitor analysis for corrboard bioenergy limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CB6 area or any other competitors across 12 key performance metrics.
corrboard bioenergy limited Ownership
CORRBOARD BIOENERGY LIMITED group structure
Corrboard Bioenergy Limited has no subsidiary companies.
Ultimate parent company
CORRBOARD BIOENERGY LIMITED
10154074
corrboard bioenergy limited directors
Corrboard Bioenergy Limited currently has 2 directors. The longest serving directors include Mr Dean Bullen (Oct 2024) and Mr Russell Humphreys (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Bullen | United Kingdom | 55 years | Oct 2024 | - | Director |
| Mr Russell Humphreys | United Kingdom | 45 years | Oct 2024 | - | Director |
P&L
December 2023turnover
11.9m
+415%
operating profit
-1.9m
0%
gross margin
20.8%
+3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5.4m
+0.55%
total assets
4.9m
-0.11%
cash
12.8k
-0.84%
net assets
Total assets minus all liabilities
corrboard bioenergy limited company details
company number
10154074
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
LANGARD LIFFORD HALL LIMITED
auditor
-
address
the old school high street, stretham, ely, CB6 3LD
Bank
-
Legal Advisor
-
corrboard bioenergy 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 corrboard bioenergy limited.
corrboard bioenergy 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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corrboard bioenergy limited Companies House Filings - See Documents
| date | description | view/download |
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