graphcore limited
graphcore limited Company Information
Company Number
10185006
Next Accounts
Sep 2025
Shareholders
robert bosch venture capital gmbh
atomico iv lp
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
carpenter court 1 maple road, bramhall, stockport, cheshire, SK7 2DH
Website
http://www.graphcore.aigraphcore limited Estimated Valuation
Pomanda estimates the enterprise value of GRAPHCORE LIMITED at £1.6m based on a Turnover of £3m and 0.55x industry multiple (adjusted for size and gross margin).
graphcore limited Estimated Valuation
Pomanda estimates the enterprise value of GRAPHCORE LIMITED at £0 based on an EBITDA of £-71.5m and a 3.72x industry multiple (adjusted for size and gross margin).
graphcore limited Estimated Valuation
Pomanda estimates the enterprise value of GRAPHCORE LIMITED at £59.8m based on Net Assets of £26.6m and 2.25x industry multiple (adjusted for liquidity).
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Graphcore Limited Overview
Graphcore Limited is a live company located in stockport, SK7 2DH with a Companies House number of 10185006. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2016, it's largest shareholder is robert bosch venture capital gmbh with a 8% stake. Graphcore Limited is a young, small sized company, Pomanda has estimated its turnover at £3m with declining growth in recent years.
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Graphcore Limited Health Check
Pomanda's financial health check has awarded Graphcore Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £3m, make it smaller than the average company (£7.3m)
£3m - Graphcore Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8%)
-5% - Graphcore Limited
8% - Industry AVG
Production
with a gross margin of 22.8%, this company has a higher cost of product (51.4%)
22.8% - Graphcore Limited
51.4% - Industry AVG
Profitability
an operating margin of -2891.2% make it less profitable than the average company (3.6%)
-2891.2% - Graphcore Limited
3.6% - Industry AVG
Employees
with 433 employees, this is above the industry average (43)
433 - Graphcore Limited
43 - Industry AVG
Pay Structure
on an average salary of £126k, the company has a higher pay structure (£74.2k)
£126k - Graphcore Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £7k, this is less efficient (£178.1k)
£7k - Graphcore Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (52 days)
8 days - Graphcore Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 155 days, this is slower than average (33 days)
155 days - Graphcore Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Graphcore Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (14 weeks)
67 weeks - Graphcore Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.7%, this is a similar level of debt than the average (64.7%)
62.7% - Graphcore Limited
64.7% - Industry AVG
GRAPHCORE LIMITED financials
Graphcore Limited's latest turnover from December 2023 is £3 million and the company has net assets of £26.6 million. According to their latest financial statements, Graphcore Limited has 433 employees and maintains cash reserves of £52.3 million 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 | 3,020,210 | 2,055,106 | 4,078,596 | 3,544,561 | 7,389,711 | 913,446 | ||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 2,330,634 | 758,459 | 4,261,341 | 1,074,823 | 2,608,823 | 323,594 | ||
| Gross Profit | 689,577 | 1,296,647 | -182,744 | 2,469,738 | 4,780,888 | 589,852 | ||
| Admin Expenses | 88,009,235 | 112,489,592 | 131,975,419 | 112,782,517 | 77,874,102 | 48,673,421 | 16,360,811 | 6,996,144 |
| Operating Profit | -87,319,658 | -111,192,945 | -132,158,163 | -110,312,779 | -73,093,214 | -48,083,569 | -16,360,811 | -6,996,144 |
| Interest Payable | 429,188 | 1,009,008 | 1,150,643 | 1,013,080 | 589,916 | 9,425 | ||
| Interest Receivable | 3,061,842 | 1,778,820 | 495,673 | 1,635,388 | 3,380,477 | 756,361 | 4,723 | |
| Pre-Tax Profit | -84,687,003 | -110,423,132 | -132,813,132 | -109,690,470 | -70,302,653 | -47,336,632 | -16,356,087 | -6,996,144 |
| Tax | -775,869 | -1,172,508 | 13,885,340 | 11,563,084 | 10,282,867 | 5,951,932 | 2,353,843 | 1,024,162 |
| Profit After Tax | -85,462,872 | -111,595,640 | -118,927,792 | -98,127,386 | -60,019,786 | -41,384,700 | -14,002,244 | -5,971,982 |
| Dividends Paid | ||||||||
| Retained Profit | -85,462,872 | -111,595,640 | -118,927,792 | -98,127,386 | -60,019,786 | -41,384,700 | -14,002,244 | -5,971,982 |
| Employee Costs | 54,560,593 | 71,188,404 | 80,730,169 | 55,951,743 | 35,762,128 | 20,429,626 | 11,509,044 | 2,437,134 |
| Number Of Employees | 433 | 650 | 534 | 419 | 266 | 118 | 54 | 33 |
| EBITDA* | -71,496,481 | -105,845,129 | -113,850,570 | -97,875,538 | -67,443,940 | -45,450,833 | -15,830,110 | -6,930,462 |
* 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 | 4,925,441 | 16,827,644 | 40,494,865 | 27,496,953 | 9,718,598 | 6,006,126 | 1,824,937 | 218,154 |
| Intangible Assets | 5,413,670 | 11,096,813 | 1,592,140 | 1,599,643 | 598,710 | 1,192,271 | ||
| Investments & Other | 1 | 1 | ||||||
| Debtors (Due After 1 year) | 1,271,667 | 4,661,267 | 4,954,313 | 2,170,769 | 822,951 | 683,317 | ||
| Total Fixed Assets | 10,339,111 | 27,924,456 | 42,087,005 | 29,096,595 | 11,140,261 | 7,881,715 | 1,824,937 | 218,155 |
| Stock & work in progress | 4,690,787 | 3,304,762 | 7,230,481 | 8,450,095 | 1,641,533 | |||
| Trade Debtors | 69,639 | 1,074,105 | 6,806,825 | 5,467,544 | 588,451 | 913,446 | 7,727 | |
| Group Debtors | ||||||||
| Misc Debtors | 3,085,307 | 4,039,058 | 14,608,676 | 10,102,104 | 3,799,887 | 1,330,741 | ||
| Cash | 52,344,258 | 118,830,520 | 112,892,374 | 98,267,121 | 41,258,244 | 173,169,180 | 70,365,354 | 16,278,057 |
| misc current assets | 151,534,730 | 82,527,419 | 85,127,510 | |||||
| total current assets | 60,839,452 | 132,625,085 | 288,225,924 | 205,313,185 | 150,032,977 | 185,826,265 | 74,172,969 | 17,608,799 |
| total assets | 71,178,563 | 160,549,541 | 330,312,929 | 234,409,780 | 161,173,238 | 193,707,980 | 75,997,906 | 17,826,953 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 993,869 | 2,011,203 | 25,266,435 | 3,373,954 | 4,879,085 | 2,585,611 | 1,434,625 | 148,030 |
| Group/Directors Accounts | ||||||||
| other short term finances | 66,611 | 199,076 | 60,118 | |||||
| hp & lease commitments | 4,908,788 | 6,462,039 | 6,259,400 | 3,503,127 | ||||
| other current liabilities | 34,643,099 | 15,969,267 | 11,265,739 | 11,352,777 | 7,341,344 | 778,939 | 342,354 | |
| total current liabilities | 40,612,368 | 24,641,587 | 31,525,835 | 18,202,941 | 16,231,863 | 9,926,956 | 2,213,565 | 490,384 |
| loans | 5,115,433 | 16,556,656 | 28,956,092 | 18,191,566 | ||||
| hp & lease commitments | 2,307,168 | 8,060,706 | 14,478,046 | 8,871,557 | ||||
| Accruals and Deferred Income | 60,118 | |||||||
| other liabilities | 914,530 | 256,485 | 325,950 | |||||
| provisions | 2,378,320 | 10,061,312 | 12,534,972 | 5,288,812 | ||||
| total long term liabilities | 3,997,426 | 13,526,606 | 21,660,063 | 11,800,308 | 256,485 | 325,950 | ||
| total liabilities | 44,609,794 | 38,168,193 | 53,185,898 | 30,003,249 | 16,488,348 | 10,252,906 | 2,213,565 | 490,384 |
| net assets | 26,568,768 | 122,381,349 | 277,127,031 | 204,406,532 | 144,684,889 | 183,455,074 | 73,784,341 | 17,336,569 |
| total shareholders funds | 26,568,768 | 122,381,349 | 277,127,032 | 204,406,532 | 144,684,889 | 183,455,074 | 73,784,341 | 17,336,569 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -87,319,658 | -111,192,945 | -132,158,163 | -110,312,779 | -73,093,214 | -48,083,569 | -16,360,811 | -6,996,144 |
| Depreciation | 9,791,083 | 18,307,593 | 12,437,241 | 5,135,571 | 2,174,050 | 530,701 | 65,682 | |
| Amortisation | 6,032,094 | 5,347,816 | 513,703 | 458,686 | ||||
| Tax | -775,869 | -1,172,508 | 13,885,340 | 11,563,084 | 10,282,867 | 5,951,932 | 2,353,843 | 1,024,162 |
| Stock | -4,690,787 | 1,386,025 | -3,925,719 | -1,219,614 | 6,808,562 | 1,641,533 | ||
| Debtors | -5,347,817 | -1,986,707 | 4,122,824 | -8,381,765 | 4,321,210 | 7,891,253 | 2,476,874 | 1,330,741 |
| Creditors | -1,017,334 | -23,255,232 | 21,892,481 | -1,505,131 | 2,293,474 | 1,150,986 | 1,286,595 | 148,030 |
| Accruals and Deferred Income | 18,673,832 | 15,969,267 | -11,325,857 | -26,920 | 4,011,433 | 6,562,405 | 436,585 | 342,354 |
| Deferred Taxes & Provisions | -7,682,992 | -2,473,660 | 7,246,160 | 5,288,812 | ||||
| Cash flow from operations | -52,260,240 | -82,349,551 | -72,954,314 | -61,985,938 | -41,318,296 | -14,229,961 | -6,746,657 | |
| Investing Activities | ||||||||
| capital expenditure | -6,368,991 | -2,118,232 | -283,837 | |||||
| Change in Investments | -1 | 1 | ||||||
| cash flow from investments | -6,368,992 | -2,118,232 | -283,837 | |||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | -132,465 | 199,076 | -60,118 | 60,118 | ||||
| Long term loans | -11,441,223 | -12,399,436 | 10,764,526 | 18,191,566 | ||||
| Hire Purchase and Lease Commitments | -7,306,789 | -6,214,701 | 8,362,762 | 12,374,684 | ||||
| other long term liabilities | -914,530 | 914,530 | -256,485 | -69,465 | 325,950 | |||
| share issue | ||||||||
| interest | 2,632,654 | 769,812 | -654,970 | 622,308 | 2,790,561 | 746,936 | 4,723 | |
| cash flow from financing | -26,597,531 | -61,709,822 | 210,975,022 | 188,841,219 | 23,970,698 | 152,128,319 | 70,454,738 | 23,308,551 |
| cash and cash equivalents | ||||||||
| cash | -66,486,262 | 5,938,146 | 14,625,253 | 57,008,877 | -131,910,936 | 102,803,827 | 54,087,297 | 16,278,057 |
| overdraft | ||||||||
| change in cash | -66,486,262 | 5,938,146 | 14,625,253 | 57,008,877 | -131,910,936 | 102,803,827 | 54,087,297 | 16,278,057 |
graphcore limited Credit Report and Business Information
Graphcore Limited Competitor Analysis
Perform a competitor analysis for graphcore limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SK7 area or any other competitors across 12 key performance metrics.
graphcore limited Ownership
GRAPHCORE LIMITED group structure
Graphcore Limited has no subsidiary companies.
Ultimate parent company
GRAPHCORE LIMITED
10185006
graphcore limited directors
Graphcore Limited currently has 5 directors. The longest serving directors include Mr Nigel Toon (May 2016) and Mr Jared Roscoe (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Toon | United Kingdom | 61 years | May 2016 | - | Director |
| Mr Jared Roscoe | United Kingdom | 42 years | Jul 2024 | - | Director |
| Mr Kiran Kazmi | United Kingdom | 33 years | Jul 2024 | - | Director |
| Ippei Mimura | United Kingdom | 56 years | Jul 2024 | - | Director |
| Mr Simon Knowles | England | 63 years | Jul 2024 | - | Director |
P&L
December 2023turnover
3m
+47%
operating profit
-87.3m
-21%
gross margin
22.9%
-63.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
26.6m
-0.78%
total assets
71.2m
-0.56%
cash
52.3m
-0.56%
net assets
Total assets minus all liabilities
graphcore limited company details
company number
10185006
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
carpenter court 1 maple road, bramhall, stockport, cheshire, SK7 2DH
Bank
BARCLAYS BANK PLC
Legal Advisor
ORRICK, HERRINGTON & SUTCLIFFE LLP
graphcore 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 graphcore limited.
graphcore limited Capital Raised & Share Issues BETA
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graphcore limited Companies House Filings - See Documents
| date | description | view/download |
|---|
