Pomanda estimates the enterprise value of CORDANT CLEANING LIMITED at £118.1m based on a Turnover of £120.4m and 0.98x industry multiple (adjusted for size and gross margin).
cordant cleaning limitedEstimated Valuation
£43.3m
Pomanda estimates the enterprise value of CORDANT CLEANING LIMITED at £43.3m based on an EBITDA of £6.7m and a 6.45x industry multiple (adjusted for size and gross margin).
cordant cleaning limitedEstimated Valuation
£5.2m
Pomanda estimates the enterprise value of CORDANT CLEANING LIMITED at £5.2m based on Net Assets of £2.2m and 2.36x industry multiple (adjusted for liquidity).
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Cordant Cleaning LimitedOverview
Cordant Cleaning Limited is a live company located in milton keynes, MK5 8PJ with a Companies House number of 12449344. It operates in the specialised cleaning services sector, SIC Code 81222. Founded in February 2020, it's largest shareholder is
bidvest noonan (uk) limited
with a 100% stake. Cordant Cleaning Limited is a young,
mega sized company, Pomanda has estimated its turnover at
£120.4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Cordant Cleaning Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
5 Regular
3 Weak
Size
annual sales of £120.4m, make it larger than the average company (£542.2k)
£120.4m - Cordant Cleaning Limited
£542.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Cordant Cleaning Limited
- - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (36.5%)
10.5% - Cordant Cleaning Limited
36.5% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (6.3%)
5.4% - Cordant Cleaning Limited
6.3% - Industry AVG
Employees
with 3714 employees, this is above the industry average (16)
3714 - Cordant Cleaning Limited
16 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£20.6k)
£24.3k - Cordant Cleaning Limited
£20.6k - Industry AVG
Efficiency
resulting in sales per employee of £32.4k, this is equally as efficient (£32.4k)
£32.4k - Cordant Cleaning Limited
£32.4k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (50 days)
45 days - Cordant Cleaning Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (40 days)
10 days - Cordant Cleaning Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cordant Cleaning Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is average cash available to meet short term requirements (14 weeks)
11 weeks - Cordant Cleaning Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.9%, this is a higher level of debt than the average (67.3%)
90.9% - Cordant Cleaning Limited
67.3% - Industry AVG
CORDANT CLEANING LIMITED financials
EXPORT
Cordant Cleaning Limited's latest turnover from June 2021 is £120.4 million and the company has net assets of £2.2 million. According to their latest financial statements, we estimate that Cordant Cleaning Limited has 3,714 employees and maintains cash reserves of £4.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2021
Turnover
120,409,000
Other Income Or Grants
Cost Of Sales
107,730,000
Gross Profit
12,679,000
Admin Expenses
6,205,000
Operating Profit
6,474,000
Interest Payable
200,000
Interest Receivable
Pre-Tax Profit
6,274,000
Tax
-1,564,000
Profit After Tax
4,710,000
Dividends Paid
Retained Profit
4,710,000
Employee Costs
90,177,000
Number Of Employees
3,714
EBITDA*
6,716,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2021
Tangible Assets
893,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
893,000
Stock & work in progress
Trade Debtors
15,132,000
Group Debtors
Misc Debtors
3,304,000
Cash
4,882,000
misc current assets
total current assets
23,318,000
total assets
24,211,000
Bank overdraft
Bank loan
Trade Creditors
3,056,000
Group/Directors Accounts
8,211,000
other short term finances
hp & lease commitments
315,000
other current liabilities
10,419,000
total current liabilities
22,001,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
22,001,000
net assets
2,210,000
total shareholders funds
2,210,000
Jun 2021
Operating Activities
Operating Profit
6,474,000
Depreciation
242,000
Amortisation
Tax
-1,564,000
Stock
Debtors
18,436,000
Creditors
3,056,000
Accruals and Deferred Income
10,419,000
Deferred Taxes & Provisions
Cash flow from operations
191,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
8,211,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
315,000
other long term liabilities
share issue
-2,500,000
interest
-200,000
cash flow from financing
5,826,000
cash and cash equivalents
cash
4,882,000
overdraft
change in cash
4,882,000
cordant cleaning 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 cordant cleaning limited. Get real-time insights into cordant cleaning limited's credit score, group structure and payment trends.
Perform a competitor analysis for cordant cleaning limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in MK5 area or any other competitors across 12 key performance metrics.
cordant cleaning limited Ownership
CORDANT CLEANING LIMITED group structure
Cordant Cleaning Limited has no subsidiary companies.
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 4 charges/mortgages relating to cordant cleaning limited. Currently there are 1 open charges and 3 have been satisfied in the past.
cordant cleaning 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 CORDANT CLEANING LIMITED. This can take several minutes, an email will notify you when this has completed.
cordant cleaning limitedCompanies House Filings - See Documents
