cts group holdings limited
cts group holdings limited Company Information
Company Number
11101337
Next Accounts
186 days late
Shareholders
tenzing pe i gp llp
hugh nigel wright
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
pricewaterhousecoopersllp, 8th floor, central square, leeds, west yorkshire, LS1 4DL
Website
-cts group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CTS GROUP HOLDINGS LIMITED at £42.4m based on a Turnover of £24.2m and 1.76x industry multiple (adjusted for size and gross margin).
cts group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CTS GROUP HOLDINGS LIMITED at £1.1m based on an EBITDA of £144.4k and a 7.34x industry multiple (adjusted for size and gross margin).
cts group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CTS GROUP HOLDINGS LIMITED at £0 based on Net Assets of £-20.5m and 1.31x industry multiple (adjusted for liquidity).
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Cts Group Holdings Limited Overview
Cts Group Holdings Limited is a live company located in leeds, LS1 4DL with a Companies House number of 11101337. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2017, it's largest shareholder is tenzing pe i gp llp with a 61.3% stake. Cts Group Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £24.2m with rapid growth in recent years.
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Cts Group Holdings Limited Health Check
Pomanda's financial health check has awarded Cts Group Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £24.2m, make it larger than the average company (£18m)
£24.2m - Cts Group Holdings Limited
£18m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (6.4%)
45% - Cts Group Holdings Limited
6.4% - Industry AVG
Production
with a gross margin of 36.9%, this company has a comparable cost of product (36.1%)
36.9% - Cts Group Holdings Limited
36.1% - Industry AVG
Profitability
an operating margin of -20.3% make it less profitable than the average company (5.3%)
-20.3% - Cts Group Holdings Limited
5.3% - Industry AVG
Employees
with 166 employees, this is above the industry average (104)
166 - Cts Group Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £59k, the company has a higher pay structure (£41.8k)
£59k - Cts Group Holdings Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £145.6k, this is less efficient (£178.7k)
£145.6k - Cts Group Holdings Limited
£178.7k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (47 days)
25 days - Cts Group Holdings Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (47 days)
74 days - Cts Group Holdings Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cts Group Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)
12 weeks - Cts Group Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158.9%, this is a higher level of debt than the average (69.4%)
158.9% - Cts Group Holdings Limited
69.4% - Industry AVG
CTS GROUP HOLDINGS LIMITED financials
Cts Group Holdings Limited's latest turnover from December 2022 is £24.2 million and the company has net assets of -£20.5 million. According to their latest financial statements, Cts Group Holdings Limited has 166 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 24,175,707 | 22,366,620 | 10,547,262 | 7,911,646 | 7,017,108 |
| Other Income Or Grants | |||||
| Cost Of Sales | 15,260,893 | 10,269,909 | 5,156,140 | 4,101,144 | 3,688,436 |
| Gross Profit | 8,914,814 | 12,096,711 | 5,391,122 | 3,810,502 | 3,328,672 |
| Admin Expenses | 13,815,218 | 14,081,063 | 6,408,785 | 5,041,411 | 4,148,917 |
| Operating Profit | -4,900,404 | -1,984,352 | -1,017,663 | -1,230,909 | -820,245 |
| Interest Payable | 2,958,753 | 3,055,082 | 1,688,800 | 1,648,141 | 1,687,447 |
| Interest Receivable | 13 | 331 | |||
| Pre-Tax Profit | -7,859,144 | -5,039,434 | -2,706,463 | -2,879,050 | -2,507,361 |
| Tax | 619,539 | -131,762 | -14,138 | 83,539 | -141,118 |
| Profit After Tax | -7,239,605 | -5,171,196 | -2,720,601 | -2,795,511 | -2,648,479 |
| Dividends Paid | |||||
| Retained Profit | -7,239,605 | -5,171,196 | -2,720,601 | -2,795,511 | -2,648,479 |
| Employee Costs | 9,797,402 | 9,144,648 | 3,750,540 | 2,733,160 | 2,298,427 |
| Number Of Employees | 166 | 157 | 66 | 52 | 51 |
| EBITDA* | 144,351 | 2,761,568 | 1,875,067 | 1,201,285 | 1,465,059 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,327,990 | 3,170,478 | 2,126,317 | 1,504,692 | 1,499,557 |
| Intangible Assets | 25,032,499 | 26,265,570 | 29,783,158 | 16,055,624 | 17,734,613 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 28,360,489 | 29,436,048 | 31,909,475 | 17,560,316 | 19,234,170 |
| Stock & work in progress | 3,846 | 4,000 | |||
| Trade Debtors | 1,658,372 | 1,721,468 | 1,609,970 | 383,780 | 222,034 |
| Group Debtors | |||||
| Misc Debtors | 2,690,573 | 2,682,876 | 1,439,653 | 492,952 | 254,397 |
| Cash | 2,069,972 | 1,984,814 | 6,488,030 | 2,409,854 | 2,356,079 |
| misc current assets | |||||
| total current assets | 6,418,917 | 6,393,004 | 9,541,653 | 3,286,586 | 2,832,510 |
| total assets | 34,779,406 | 35,829,052 | 41,451,128 | 20,846,902 | 22,066,680 |
| Bank overdraft | |||||
| Bank loan | 834,587 | 1,676,911 | 453,150 | ||
| Trade Creditors | 3,104,548 | 1,737,906 | 983,688 | 384,948 | 282,411 |
| Group/Directors Accounts | |||||
| other short term finances | 200,000 | ||||
| hp & lease commitments | 668,925 | 679,771 | 519,526 | 405,536 | 328,310 |
| other current liabilities | 3,979,955 | 3,554,400 | 5,633,410 | 1,333,492 | 3,089,213 |
| total current liabilities | 8,788,015 | 7,648,988 | 7,589,774 | 2,123,976 | 3,699,934 |
| loans | 44,435,834 | 39,102,663 | 34,132,611 | 19,910,000 | 19,910,000 |
| hp & lease commitments | 1,300,039 | 1,630,100 | 1,236,246 | 871,410 | 919,908 |
| Accruals and Deferred Income | |||||
| other liabilities | 4,773,741 | 3,224,875 | |||
| provisions | 735,326 | 687,396 | 1,785,376 | 65,631 | 93,817 |
| total long term liabilities | 46,471,199 | 41,420,159 | 41,927,974 | 24,071,916 | 20,923,725 |
| total liabilities | 55,259,214 | 49,069,147 | 49,517,748 | 26,195,892 | 24,623,659 |
| net assets | -20,479,808 | -13,240,095 | -8,066,620 | -5,348,990 | -2,556,979 |
| total shareholders funds | -20,479,808 | -13,240,095 | -8,066,620 | -5,348,990 | -2,556,979 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -4,900,404 | -1,984,352 | -1,017,663 | -1,230,909 | -820,245 |
| Depreciation | 1,094,129 | 916,762 | 568,926 | 427,202 | 317,534 |
| Amortisation | 3,950,626 | 3,829,158 | 2,323,804 | 2,004,992 | 1,967,770 |
| Tax | 619,539 | -131,762 | -14,138 | 83,539 | -141,118 |
| Stock | -3,846 | -154 | 4,000 | ||
| Debtors | -55,399 | 1,354,721 | 2,172,891 | 400,301 | 476,431 |
| Creditors | 1,366,642 | 754,218 | 598,740 | 102,537 | 282,411 |
| Accruals and Deferred Income | 425,555 | -2,079,010 | 4,299,918 | -1,755,721 | 3,089,213 |
| Deferred Taxes & Provisions | 47,930 | -1,097,980 | 1,719,745 | -28,186 | 93,817 |
| Cash flow from operations | 2,663,262 | -1,147,533 | 6,302,441 | -796,847 | 4,312,951 |
| Investing Activities | |||||
| capital expenditure | -14,056,631 | ||||
| Change in Investments | |||||
| cash flow from investments | -14,056,631 | ||||
| Financing Activities | |||||
| Bank loans | -842,324 | 1,223,761 | 453,150 | ||
| Group/Directors Accounts | |||||
| Other Short Term Loans | 200,000 | ||||
| Long term loans | 5,333,171 | 4,970,052 | 14,222,611 | 19,910,000 | |
| Hire Purchase and Lease Commitments | -340,907 | 554,099 | 478,826 | 28,728 | 1,248,218 |
| other long term liabilities | -4,773,741 | 1,548,866 | 3,224,875 | ||
| share issue | |||||
| interest | -2,958,740 | -3,055,082 | -1,688,800 | -1,648,141 | -1,687,116 |
| cash flow from financing | 1,391,092 | -1,083,190 | 15,017,624 | 1,608,962 | 19,562,602 |
| cash and cash equivalents | |||||
| cash | 85,158 | -4,503,216 | 4,078,176 | 53,775 | 2,356,079 |
| overdraft | |||||
| change in cash | 85,158 | -4,503,216 | 4,078,176 | 53,775 | 2,356,079 |
cts group holdings limited Credit Report and Business Information
Cts Group Holdings Limited Competitor Analysis
Perform a competitor analysis for cts group holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in LS1 area or any other competitors across 12 key performance metrics.
cts group holdings limited Ownership
CTS GROUP HOLDINGS LIMITED group structure
Cts Group Holdings Limited has 1 subsidiary company.
Ultimate parent company
1 parent
CTS GROUP HOLDINGS LIMITED
11101337
1 subsidiary
cts group holdings limited directors
Cts Group Holdings Limited currently has 4 directors. The longest serving directors include Mr Robert Jones (Dec 2017) and Mr Robert Jones (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Jones | United Kingdom | 46 years | Dec 2017 | - | Director |
| Mr Robert Jones | England | 46 years | Dec 2017 | - | Director |
| Mr Guy Gillon | United Kingdom | 49 years | Dec 2017 | - | Director |
| Mr Mark Fowle | England | 59 years | Nov 2018 | - | Director |
P&L
December 2022turnover
24.2m
+8%
operating profit
-4.9m
+147%
gross margin
36.9%
-31.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-20.5m
+0.55%
total assets
34.8m
-0.03%
cash
2.1m
+0.04%
net assets
Total assets minus all liabilities
cts group holdings limited company details
company number
11101337
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
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
project dee topco limited (May 2019)
accountant
-
auditor
RSM UK AUDIT LLP
address
pricewaterhousecoopersllp, 8th floor, central square, leeds, west yorkshire, LS1 4DL
Bank
-
Legal Advisor
-
cts 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 did not find charges/mortgages relating to cts group holdings limited.
cts 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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cts group holdings limited Companies House Filings - See Documents
| date | description | view/download |
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