Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
1 smithy court, smithy brook road, wigan, WN3 6PS
Website
-
challenge group holdings limitedEstimated Valuation
£604.2m
Pomanda estimates the enterprise value of CHALLENGE GROUP HOLDINGS LIMITED at £604.2m based on a Turnover of £430.1m and 1.4x industry multiple (adjusted for size and gross margin).
challenge group holdings limitedEstimated Valuation
£37.2m
Pomanda estimates the enterprise value of CHALLENGE GROUP HOLDINGS LIMITED at £37.2m based on an EBITDA of £6.3m and a 5.87x industry multiple (adjusted for size and gross margin).
challenge group holdings limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of CHALLENGE GROUP HOLDINGS LIMITED at £2.7m based on Net Assets of £2m and 1.31x industry multiple (adjusted for liquidity).
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Challenge Group Holdings LimitedOverview
Challenge Group Holdings Limited is a live company located in wigan, WN3 6PS with a Companies House number of 10332186. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2016, it's largest shareholder is
thomas edward cropper
with a 31.7% stake. Challenge Group Holdings Limited is a young,
mega sized company, Pomanda has estimated its turnover at
£430.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Challenge Group Holdings Limited a 2 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
Health Rating2out of 5
4 Strong
1 Regular
6 Weak
Size
annual sales of £430.1m, make it larger than the average company (£19.1m)
£430.1m - Challenge Group Holdings Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (11.7%)
66% - Challenge Group Holdings Limited
11.7% - Industry AVG
Production
with a gross margin of 6.5%, this company has a higher cost of product (34.9%)
6.5% - Challenge Group Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (4.6%)
0.9% - Challenge Group Holdings Limited
4.6% - Industry AVG
Employees
with 14953 employees, this is above the industry average (104)
14953 - Challenge Group Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has a lower pay structure (£44.5k)
£23.4k - Challenge Group Holdings Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £28.8k, this is less efficient (£189.8k)
£28.8k - Challenge Group Holdings Limited
£189.8k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (44 days)
52 days - Challenge Group Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (43 days)
1 days - Challenge Group Holdings Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Challenge Group Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Challenge Group Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (68.7%)
97.8% - Challenge Group Holdings Limited
68.7% - Industry AVG
CHALLENGE GROUP HOLDINGS LIMITED financials
EXPORT
Challenge Group Holdings Limited's latest turnover from March 2024 is £430.1 million and the company has net assets of £2 million. According to their latest financial statements, Challenge Group Holdings Limited has 14,953 employees and maintains cash reserves of £347.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
430,056,480
244,447,421
141,922,382
93,775,909
87,765,713
39,039,049
39,971,990
21,809,092
Other Income Or Grants
Cost Of Sales
402,135,031
221,488,886
127,452,823
82,509,968
76,413,180
34,587,167
35,459,789
19,165,989
Gross Profit
27,921,449
22,958,535
14,469,559
11,265,941
11,352,533
4,451,882
4,512,201
2,643,103
Admin Expenses
23,897,982
17,764,622
11,111,590
8,916,636
10,288,300
4,364,184
4,496,021
2,656,256
Operating Profit
4,023,467
5,193,913
3,357,969
2,349,305
1,064,233
87,698
16,180
-13,153
Interest Payable
6,382,024
2,292,129
1,472,795
855,967
862,670
533,614
184,500
102,503
Interest Receivable
Pre-Tax Profit
-2,358,557
2,901,784
1,885,174
1,493,338
201,563
-445,916
-168,320
-115,656
Tax
882,784
-396,123
-412,964
-651,631
-423,000
-144,357
-152,063
-64,090
Profit After Tax
-1,475,773
2,505,661
1,472,210
841,707
-221,437
-590,273
-320,383
-179,746
Dividends Paid
312,169
300,000
300,000
298,791
297,750
300,000
320,000
87,500
Retained Profit
-1,787,942
2,205,661
1,172,210
542,916
-519,187
-890,273
-640,383
-267,246
Employee Costs
350,156,944
181,956,990
79,929,592
51,050,346
30,223,425
9,010,613
3,058,549
2,269,542
Number Of Employees
14,953
4,321
3,063
1,752
1,089
325
121
100
EBITDA*
6,329,380
6,669,365
3,623,218
4,364,372
3,459,258
997,365
881,718
489,582
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
1,074,404
755,241
811,529
404,760
248,512
247,456
253,175
261,668
Intangible Assets
24,001,814
24,656,101
15,449,908
15,806,999
19,503,171
9,480,958
6,643,141
7,473,624
Investments & Other
Debtors (Due After 1 year)
781,570
503,387
Total Fixed Assets
25,076,218
25,411,342
16,261,437
16,211,759
19,751,683
9,728,414
6,896,316
7,735,292
Stock & work in progress
16,500
Trade Debtors
61,444,021
57,986,160
16,117,980
20,434,596
12,941,938
6,877,995
7,673,876
8,654,178
Group Debtors
1,388,374
Misc Debtors
2,596,120
6,103,667
3,937,834
5,333,786
2,979,019
2,124,016
1,317,350
960,077
Cash
347,132
963,986
2,516,518
1,785,181
1,776,436
192,417
36,354
175,660
misc current assets
total current assets
65,775,647
65,053,813
22,724,448
27,553,563
17,697,393
9,194,428
9,027,580
9,806,415
total assets
90,851,865
90,465,155
38,985,885
43,765,322
37,449,076
18,922,842
15,923,896
17,541,707
Bank overdraft
6,692,941
Bank loan
18,017,690
12,379,746
6,945,700
373,558
Trade Creditors
1,161,504
944,553
1,700,456
4,661,152
2,936,171
1,591,982
2,808,619
2,077,817
Group/Directors Accounts
other short term finances
44,512,414
42,517,422
15,230,826
1,000,000
1,000,000
hp & lease commitments
482,961
539,516
59,681
59,681
59,681
66,226
67,391
other current liabilities
38,060,419
35,818,366
18,157,547
13,527,701
12,758,565
3,831,706
1,466,549
8,707,102
total current liabilities
84,217,298
79,819,857
35,088,829
37,266,224
29,134,163
12,176,310
11,287,094
11,225,868
loans
4,213,626
8,100,872
4,538,046
4,029,465
5,654,260
3,210,086
3,888,475
4,845,453
hp & lease commitments
919,020
1,284,352
70,459
136,685
Accruals and Deferred Income
other liabilities
1,594,471
3,373,713
3,748,851
provisions
4,994,084
5,552,416
1,110,138
99,245
53,939
35,407
35,407
50,857
total long term liabilities
4,603,855
6,826,644
2,824,092
5,723,181
9,081,912
6,994,344
3,994,341
5,032,995
total liabilities
88,821,153
86,646,501
37,912,921
42,989,405
38,216,075
19,170,654
15,281,435
16,258,863
net assets
2,030,712
3,818,654
1,072,964
775,917
-766,999
-247,812
642,461
1,282,844
total shareholders funds
2,030,712
3,818,654
1,072,964
775,917
-766,999
-247,812
642,461
1,282,844
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
4,023,467
5,193,913
3,357,969
2,349,305
1,064,233
87,698
16,180
-13,153
Depreciation
95,011
108,094
316,249
61,715
63,979
59,435
35,052
27,038
Amortisation
2,210,902
1,367,358
-51,000
1,953,352
2,331,046
850,232
830,486
475,697
Tax
882,784
-396,123
-412,964
-651,631
-423,000
-144,357
-152,063
-64,090
Stock
-16,500
16,500
Debtors
1,616,871
44,537,400
-5,712,568
9,847,425
6,918,946
10,785
-623,029
9,614,255
Creditors
216,951
-755,903
-2,960,696
1,724,981
1,344,189
-1,216,637
730,802
2,077,817
Accruals and Deferred Income
2,242,053
17,660,819
4,629,846
769,136
8,926,859
2,365,157
-7,240,553
8,707,102
Deferred Taxes & Provisions
-558,332
4,442,278
1,010,893
45,306
18,532
-15,450
50,857
Cash flow from operations
7,495,965
-16,916,964
11,602,865
-3,595,261
6,406,892
1,990,743
-5,156,017
1,630,513
Investing Activities
capital expenditure
-1,970,789
-10,625,357
-314,927
-26,559
-2,531,518
Change in Investments
cash flow from investments
-1,970,789
-10,625,357
-314,927
-26,559
-2,531,518
Financing Activities
Bank loans
-18,017,690
5,637,944
12,379,746
-6,945,700
6,572,142
373,558
Group/Directors Accounts
Other Short Term Loans
1,994,992
27,286,596
14,230,826
1,000,000
Long term loans
-3,887,246
3,562,826
508,581
-1,624,795
2,444,174
-678,389
-956,978
4,845,453
Hire Purchase and Lease Commitments
-421,887
1,823,868
-59,681
-77,004
-67,391
204,076
other long term liabilities
-1,594,471
-1,779,242
-375,138
3,748,851
share issue
540,029
-875,163
1,000,000
1,550,090
interest
-6,382,024
-2,292,129
-1,472,795
-855,967
-862,670
-533,614
-184,500
-102,503
cash flow from financing
-8,696,165
30,921,190
-7,280,393
2,377,940
14,586,112
-4,485,856
5,363,273
6,870,674
cash and cash equivalents
cash
-616,854
-1,552,532
731,337
8,745
1,584,019
156,063
-139,306
175,660
overdraft
-6,692,941
6,692,941
change in cash
-616,854
-1,552,532
731,337
8,745
8,276,960
-6,536,878
-139,306
175,660
challenge group holdings 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 challenge group holdings limited. Get real-time insights into challenge group holdings limited's credit score, group structure and payment trends.
Challenge Group Holdings Limited Competitor Analysis
Perform a competitor analysis for challenge group holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in WN3 area or any other competitors across 12 key performance metrics.
challenge group holdings limited Ownership
CHALLENGE GROUP HOLDINGS LIMITED group structure
Challenge Group Holdings Limited has 1 subsidiary company.
The largest shareholders in Challenge Group Holdings Limited include Thomas Edward Cropper and Richard William Cropper.
thomas edward cropper
31.67%
richard william cropper
31.67%
bestfield investments c/o mr fergus lyons
10.29%
blythe investments
7.13%
ngjg holdings limited
5%
david evans
3.17%
andrew bell
3.17%
michael fletcher
2.81%
peadar o'reilly
2.16%
david foreman
2.15%
challenge group holdings limited directors
Challenge Group Holdings Limited currently has 5 directors.
The longest serving directors include
Mr Thomas Cropper (Sep 2016) and
Mr Richard Cropper (Sep 2016).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
SAFFERY LLP
address
1 smithy court, smithy brook road, wigan, WN3 6PS
Bank
-
Legal Advisor
-
challenge group holdings 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 found 7 charges/mortgages relating to challenge group holdings limited. Currently there are 4 open charges and 3 have been satisfied in the past.
challenge group holdings 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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challenge group holdings limitedCompanies House Filings - See Documents
