cignpost diagnostics limited
cignpost diagnostics limited Company Information
Company Number
12657158
Website
-Registered Address
building x92, cody technology park, farnborough, GU14 0LX
Industry
Other human health activities
Telephone
-
Next Accounts Due
186 days late
Group Structure
View All
Shareholders
cignpost investments limited 100%
cignpost diagnostics limited Estimated Valuation
Pomanda estimates the enterprise value of CIGNPOST DIAGNOSTICS LIMITED at £296.8m based on a Turnover of £265.9m and 1.12x industry multiple (adjusted for size and gross margin).
cignpost diagnostics limited Estimated Valuation
Pomanda estimates the enterprise value of CIGNPOST DIAGNOSTICS LIMITED at £211.5m based on an EBITDA of £22m and a 9.64x industry multiple (adjusted for size and gross margin).
cignpost diagnostics limited Estimated Valuation
Pomanda estimates the enterprise value of CIGNPOST DIAGNOSTICS LIMITED at £51.1m based on Net Assets of £21.1m and 2.42x industry multiple (adjusted for liquidity).
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Cignpost Diagnostics Limited Overview
Cignpost Diagnostics Limited is a live company located in farnborough, GU14 0LX with a Companies House number of 12657158. It operates in the other human health activities sector, SIC Code 86900. Founded in June 2020, it's largest shareholder is cignpost investments limited with a 100% stake. Cignpost Diagnostics Limited is a startup, mega sized company, Pomanda has estimated its turnover at £265.9m with unknown growth in recent years.
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Cignpost Diagnostics Limited Health Check
Pomanda's financial health check has awarded Cignpost Diagnostics Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £265.9m, make it larger than the average company (£738.6k)
£265.9m - Cignpost Diagnostics Limited
£738.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cignpost Diagnostics Limited
- - Industry AVG
Production
with a gross margin of 44.5%, this company has a lower cost of product (35.6%)
44.5% - Cignpost Diagnostics Limited
35.6% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (8.5%)
7% - Cignpost Diagnostics Limited
8.5% - Industry AVG
Employees
with 519 employees, this is above the industry average (19)
519 - Cignpost Diagnostics Limited
19 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has a higher pay structure (£23.4k)
£44.8k - Cignpost Diagnostics Limited
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £512.3k, this is more efficient (£42.1k)
£512.3k - Cignpost Diagnostics Limited
£42.1k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (20 days)
8 days - Cignpost Diagnostics Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is slower than average (16 days)
24 days - Cignpost Diagnostics Limited
16 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (11 days)
8 days - Cignpost Diagnostics Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (146 weeks)
3 weeks - Cignpost Diagnostics Limited
146 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.5%, this is a higher level of debt than the average (21.5%)
69.5% - Cignpost Diagnostics Limited
21.5% - Industry AVG
CIGNPOST DIAGNOSTICS LIMITED financials
Cignpost Diagnostics Limited's latest turnover from March 2022 is £265.9 million and the company has net assets of £21.1 million. According to their latest financial statements, Cignpost Diagnostics Limited has 519 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | |
|---|---|---|
| Turnover | 265,891,319 | 49,136,122 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 147,466,347 | 16,150,168 |
| Gross Profit | 118,424,972 | 32,985,954 |
| Admin Expenses | 99,725,238 | 17,468,970 |
| Operating Profit | 18,699,734 | 15,516,984 |
| Interest Payable | 23,955 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 18,675,779 | 15,516,984 |
| Tax | -1,881,912 | -2,773,453 |
| Profit After Tax | 16,793,867 | 12,743,531 |
| Dividends Paid | 6,000,000 | 0 |
| Retained Profit | 10,793,867 | 12,743,531 |
| Employee Costs | 23,257,197 | 1,235,929 |
| Number Of Employees | 519 | 42 |
| EBITDA* | 21,953,971 | 15,864,202 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | |
|---|---|---|
| Tangible Assets | 4,673,210 | 2,419,121 |
| Intangible Assets | 792,266 | 92,153 |
| Investments & Other | 3 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 5,465,479 | 2,511,274 |
| Stock & work in progress | 3,401,628 | 2,372,252 |
| Trade Debtors | 6,188,518 | 8,406,860 |
| Group Debtors | 48,651,755 | 0 |
| Misc Debtors | 2,409,058 | 3,638,300 |
| Cash | 2,976,019 | 16,551,459 |
| misc current assets | 0 | 0 |
| total current assets | 63,626,978 | 30,968,871 |
| total assets | 69,092,457 | 33,480,145 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 9,822,032 | 4,697,353 |
| Group/Directors Accounts | 2,590,469 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 34,372,020 | 16,075,936 |
| total current liabilities | 46,784,521 | 20,773,289 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 1,216,476 | 44,402 |
| total long term liabilities | 1,216,476 | 44,402 |
| total liabilities | 48,000,997 | 20,817,691 |
| net assets | 21,091,460 | 12,662,454 |
| total shareholders funds | 21,091,460 | 12,662,454 |
| Mar 2022 | Mar 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 18,699,734 | 15,516,984 |
| Depreciation | 2,166,396 | 347,218 |
| Amortisation | 1,087,841 | 0 |
| Tax | -1,881,912 | -2,773,453 |
| Stock | 1,029,376 | 2,372,252 |
| Debtors | 45,204,171 | 12,045,160 |
| Creditors | 5,124,679 | 4,697,353 |
| Accruals and Deferred Income | 18,296,084 | 16,075,936 |
| Deferred Taxes & Provisions | 1,172,074 | 44,402 |
| Cash flow from operations | -1,568,651 | 19,491,028 |
| Investing Activities | ||
| capital expenditure | 0 | 0 |
| Change in Investments | 3 | 0 |
| cash flow from investments | -3 | 0 |
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,590,469 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -23,955 | 0 |
| cash flow from financing | 201,653 | -81,077 |
| cash and cash equivalents | ||
| cash | -13,575,440 | 16,551,459 |
| overdraft | 0 | 0 |
| change in cash | -13,575,440 | 16,551,459 |
cignpost diagnostics limited Credit Report and Business Information
Cignpost Diagnostics Limited Competitor Analysis
Perform a competitor analysis for cignpost diagnostics limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cignpost diagnostics limited Ownership
CIGNPOST DIAGNOSTICS LIMITED group structure
Cignpost Diagnostics Limited has 5 subsidiary companies.
Ultimate parent company
1 parent
CIGNPOST DIAGNOSTICS LIMITED
12657158
5 subsidiaries
cignpost diagnostics limited directors
Cignpost Diagnostics Limited currently has 4 directors. The longest serving directors include Mr Steve Whatley (Jun 2020) and Mr Steve Whatley (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steve Whatley | 62 years | Jun 2020 | - | Director | |
| Mr Steve Whatley | United Kingdom | 62 years | Jun 2020 | - | Director |
| Mr Steve Whatley | England | 62 years | Jun 2020 | - | Director |
| Mr Denis Kinane | England | 67 years | Jun 2024 | - | Director |
P&L
March 2022turnover
265.9m
+441%
operating profit
18.7m
+21%
gross margin
44.6%
-33.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
21.1m
+0.67%
total assets
69.1m
+1.06%
cash
3m
-0.82%
net assets
Total assets minus all liabilities
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cignpost diagnostics limited company details
company number
12657158
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
June 2020
age
4
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
building x92, cody technology park, farnborough, GU14 0LX
last accounts submitted
March 2022
cignpost diagnostics 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 cignpost diagnostics limited.
cignpost diagnostics limited Companies House Filings - See Documents
| date | description | view/download |
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