Pomanda estimates the enterprise value of CORETRAX GLOBAL LIMITED at £55.1m based on a Turnover of £36.4m and 1.52x industry multiple (adjusted for size and gross margin).
coretrax global limitedEstimated Valuation
£119.3m
Pomanda estimates the enterprise value of CORETRAX GLOBAL LIMITED at £119.3m based on an EBITDA of £11m and a 10.89x industry multiple (adjusted for size and gross margin).
coretrax global limitedEstimated Valuation
£103.1m
Pomanda estimates the enterprise value of CORETRAX GLOBAL LIMITED at £103.1m based on Net Assets of £44.9m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Coretrax Global LimitedOverview
Coretrax Global Limited is a live company located in aberdeen, AB21 0LQ with a Companies House number of SC240299. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 2002, it's largest shareholder is
coretrax technology holding company limited
with a 100% stake. Coretrax Global Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£36.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Coretrax Global Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
3 Weak
Size
annual sales of £36.4m, make it larger than the average company (£2.9m)
£36.4m - Coretrax Global Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (7.2%)
66% - Coretrax Global Limited
7.2% - Industry AVG
Production
with a gross margin of 74.4%, this company has a lower cost of product (44.8%)
74.4% - Coretrax Global Limited
44.8% - Industry AVG
Profitability
an operating margin of 23.4% make it more profitable than the average company (5.7%)
23.4% - Coretrax Global Limited
5.7% - Industry AVG
Employees
with 126 employees, this is above the industry average (23)
126 - Coretrax Global Limited
23 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has a higher pay structure (£54k)
£72.8k - Coretrax Global Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £288.5k, this is more efficient (£125.4k)
£288.5k - Coretrax Global Limited
£125.4k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (56 days)
58 days - Coretrax Global Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (31 days)
125 days - Coretrax Global Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 282 days, this is more than average (30 days)
282 days - Coretrax Global Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (25 weeks)
3 weeks - Coretrax Global Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.5%, this is a lower level of debt than the average (53.3%)
18.5% - Coretrax Global Limited
53.3% - Industry AVG
CORETRAX GLOBAL LIMITED financials
EXPORT
Coretrax Global Limited's latest turnover from December 2023 is £36.4 million and the company has net assets of £44.9 million. According to their latest financial statements, Coretrax Global Limited has 126 employees and maintains cash reserves of £740.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
36,356,481
28,444,242
15,287,172
8,010,361
11,594,617
6,440,658
4,502,187
2,774,888
6,266,500
6,971,461
9,480,117
16,931,862
9,363,965
3,790,988
2,811,207
Other Income Or Grants
Cost Of Sales
9,318,803
7,420,326
3,081,120
2,942,694
3,552,975
3,343,797
2,307,233
1,315,325
1,970,345
2,006,563
4,635,548
8,025,949
4,519,891
1,798,737
1,356,753
Gross Profit
27,037,678
21,023,916
12,206,052
5,067,667
8,041,642
3,096,861
2,194,955
1,459,563
4,296,155
4,964,898
4,844,569
8,905,913
4,844,074
1,992,250
1,454,454
Admin Expenses
18,531,657
12,959,852
8,900,724
4,263,505
5,636,940
1,853,523
2,614,577
1,495,327
3,335,095
2,771,855
4,777,127
6,757,896
3,391,453
1,405,845
-151,143
Operating Profit
8,506,021
8,064,064
3,305,328
804,162
2,404,702
1,243,338
-419,622
-35,764
961,060
2,193,043
67,442
2,148,017
1,452,621
586,405
1,605,597
Interest Payable
3,441
5,372
4,205
43,349
50,693
58,451
173,113
155,746
52,801
20,810
7,798
7,580
4,087
Interest Receivable
7,240
2,543
8,519
170
52,248
7,663
9,292
6,814
5,117
6,124
5,242
4,351
3,071
2,559
968
Pre-Tax Profit
8,509,820
8,061,235
3,313,847
804,332
2,452,745
1,207,652
-461,023
-87,401
793,064
2,043,421
19,882
2,131,558
1,447,893
581,383
1,602,478
Tax
-1,931,059
-1,012,988
-540,034
-405,040
-601,551
-229,454
170,930
-242,617
-4,573
-511,574
-376,452
-162,787
-448,694
Profit After Tax
6,578,761
7,048,247
2,773,813
399,292
1,851,194
978,198
-461,023
-87,401
963,994
1,800,804
15,309
1,619,984
1,071,441
418,596
1,153,784
Dividends Paid
100,000
Retained Profit
6,578,761
7,048,247
2,773,813
399,292
1,851,194
978,198
-461,023
-87,401
863,994
1,800,804
15,309
1,619,984
1,071,441
418,596
1,153,784
Employee Costs
9,168,130
7,876,510
4,701,238
2,036,061
3,382,364
2,012,322
1,701,041
1,805,971
1,572,282
1,231,035
3,670,681
6,429,981
3,459,596
1,428,100
1,083,382
Number Of Employees
126
96
68
54
54
47
41
44
38
30
91
168
92
39
29
EBITDA*
10,954,724
10,268,226
4,750,674
1,676,351
3,424,359
2,800,086
464,060
818,901
1,660,792
2,776,826
564,367
2,430,620
1,706,490
758,328
1,716,155
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
15,015,078
9,919,867
8,795,475
5,323,981
5,709,718
6,549,351
6,849,201
7,139,289
6,751,975
6,674,548
6,151,831
5,854,314
2,216,473
1,786,697
1,215,364
Intangible Assets
1,533,077
1,270,277
1,107,097
Investments & Other
31,881
31,881
31,881
213,964
213,964
213,270
213,270
213,270
182,083
182,083
182,083
63,146
Debtors (Due After 1 year)
18,129,906
19,090,516
9,889,173
Total Fixed Assets
34,709,942
30,312,541
19,823,626
5,537,945
5,923,682
6,762,621
7,062,471
7,352,559
6,934,058
6,856,631
6,333,914
5,917,460
2,216,473
1,786,697
1,215,364
Stock & work in progress
7,200,627
7,665,547
3,019,189
788,867
669,412
194,795
311,826
3,098
3,594
Trade Debtors
5,867,674
2,920,887
3,139,863
893,270
2,748,324
1,558,822
1,027,519
401,773
791,635
1,850,883
1,629,140
2,215,918
1,374,015
461,455
397,299
Group Debtors
2,881,483
862,505
8,029,922
5,153,269
7,254,501
3,898,819
2,771,060
585,681
714,133
391,620
Misc Debtors
3,723,993
4,010,351
1,834,813
1,842,127
765,747
585,013
569,523
708,454
586,350
347,233
Cash
740,191
627,405
1,459,574
822,556
1,749,588
1,120,988
922,355
2,794,511
2,656,730
2,684,924
948,245
1,148,464
591,906
636,335
387,253
misc current assets
total current assets
20,413,968
16,086,695
17,483,361
9,500,089
13,187,572
7,358,437
5,602,283
4,493,517
4,752,442
5,274,660
2,577,385
3,364,382
1,965,921
1,097,790
784,552
total assets
55,123,910
46,399,236
37,306,987
15,038,034
19,111,254
14,121,058
12,664,754
11,846,076
11,686,500
12,131,291
8,911,299
9,281,842
4,182,394
2,884,487
1,999,916
Bank overdraft
845,540
Bank loan
133,008
690,233
190,148
190,148
Trade Creditors
3,207,274
3,136,831
1,534,921
176,985
398,127
171,104
177,528
139,098
196,597
470,679
779,074
3,674,147
1,322,599
1,100,829
628,892
Group/Directors Accounts
3,795,500
237,067
2,211,365
3,686,381
8,445,696
5,410,097
5,068,238
3,567,148
3,175,610
57,994
other short term finances
hp & lease commitments
other current liabilities
2,970,363
4,183,623
1,444,435
1,201,354
724,049
435,587
162,022
267,498
223,157
342,728
total current liabilities
9,973,137
7,557,521
5,190,721
5,064,720
9,567,872
6,149,796
6,098,021
4,819,284
3,785,512
1,061,549
779,074
3,674,147
1,322,599
1,100,829
628,892
loans
448,935
12,233
11,782
822,952
4,843,633
1,116,821
507,840
132,480
107,469
125,768
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,585,445
750,744
34,750
34,750
provisions
214,458
484,161
806,959
347,992
317,352
147,491
157,862
157,349
132,974
145,041
149,695
84,156
82,344
67,909
55,572
total long term liabilities
214,458
484,161
806,959
347,992
317,352
596,426
170,095
169,131
955,926
4,988,674
3,851,961
1,342,740
214,824
210,128
216,090
total liabilities
10,187,595
8,041,682
5,997,680
5,412,712
9,885,224
6,746,222
6,268,116
4,988,415
4,741,438
6,050,223
4,631,035
5,016,887
1,537,423
1,310,957
844,982
net assets
44,936,315
38,357,554
31,309,307
9,625,322
9,226,030
7,374,836
6,396,638
6,857,661
6,945,062
6,081,068
4,280,264
4,264,955
2,644,971
1,573,530
1,154,934
total shareholders funds
44,936,315
38,357,554
31,309,307
9,625,322
9,226,030
7,374,836
6,396,638
6,857,661
6,945,062
6,081,068
4,280,264
4,264,955
2,644,971
1,573,530
1,154,934
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
8,506,021
8,064,064
3,305,328
804,162
2,404,702
1,243,338
-419,622
-35,764
961,060
2,193,043
67,442
2,148,017
1,452,621
586,405
1,605,597
Depreciation
2,274,074
2,115,926
1,445,346
872,189
1,019,657
1,556,748
883,682
854,665
699,732
583,783
496,925
282,603
253,869
171,923
110,558
Amortisation
174,629
88,236
Tax
-1,931,059
-1,012,988
-540,034
-405,040
-601,551
-229,454
170,930
-242,617
-4,573
-511,574
-376,452
-162,787
-448,694
Stock
-464,920
4,646,358
2,230,322
594,072
474,617
-117,031
308,728
-496
3,594
Debtors
3,718,797
3,990,488
15,005,105
1,846,012
4,725,918
1,674,552
2,672,194
-396,210
-497,618
960,596
-586,778
841,903
912,560
64,156
397,299
Creditors
70,443
1,601,910
1,357,936
5,881
227,023
-6,424
38,430
-57,499
-274,082
-308,395
-2,895,073
2,351,548
221,770
471,937
628,892
Accruals and Deferred Income
-1,213,260
2,739,188
243,081
765,767
288,462
273,565
-105,476
44,341
-119,571
342,728
Deferred Taxes & Provisions
-269,703
-322,798
458,967
200,501
169,861
-10,371
513
24,375
-12,067
-4,654
65,539
1,812
14,435
12,337
55,572
Cash flow from operations
4,357,268
4,636,692
-10,964,803
-196,624
-1,692,381
1,269,881
-2,583,395
1,226,824
1,920,026
1,603,292
-1,682,962
3,430,503
653,683
1,015,659
1,554,626
Investing Activities
capital expenditure
-7,806,714
-3,491,734
-6,023,937
353,181
-180,024
-1,256,898
-593,594
-1,241,979
-777,159
-1,106,500
-794,442
-3,920,444
-683,645
-743,256
-1,325,922
Change in Investments
-182,083
694
694
31,187
118,937
63,146
cash flow from investments
-7,806,714
-3,491,734
-5,841,854
352,487
-180,718
-1,256,898
-593,594
-1,273,166
-777,159
-1,106,500
-913,379
-3,983,590
-683,645
-743,256
-1,325,922
Financing Activities
Bank loans
-133,008
-133,008
-557,225
690,233
-190,148
190,148
Group/Directors Accounts
3,558,433
-1,974,298
-1,475,016
-1,723,716
3,035,599
341,859
1,501,090
391,538
3,117,616
57,994
Other Short Term Loans
Long term loans
-448,935
-448,935
436,702
451
-811,170
-4,020,681
3,726,812
608,981
375,360
25,011
-18,299
125,768
Hire Purchase and Lease Commitments
other long term liabilities
-2,585,445
1,834,701
750,744
-34,750
34,750
share issue
18,910,172
1,851,194
1,150
interest
3,799
-2,829
8,519
170
48,043
-35,686
-41,401
-51,637
-167,996
-149,622
-47,559
-16,459
-4,727
-5,021
-3,119
cash flow from financing
3,562,232
-1,977,127
17,443,675
-454,295
2,501,699
185,650
2,150,373
-661,417
-1,071,061
1,239,887
2,396,123
1,109,645
-14,466
-23,320
158,549
cash and cash equivalents
cash
112,786
-832,169
637,018
-298,432
628,600
198,633
-1,872,156
137,781
-28,194
1,736,679
-200,219
556,558
-44,429
249,082
387,253
overdraft
-845,540
845,540
change in cash
112,786
-832,169
637,018
-298,432
628,600
198,633
-1,026,616
-707,759
-28,194
1,736,679
-200,219
556,558
-44,429
249,082
387,253
coretrax global 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 coretrax global limited. Get real-time insights into coretrax global limited's credit score, group structure and payment trends.
Perform a competitor analysis for coretrax global limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in AB21 area or any other competitors across 12 key performance metrics.
coretrax global limited Ownership
CORETRAX GLOBAL LIMITED group structure
Coretrax Global Limited has no subsidiary companies.
The sole shareholder of Coretrax Global Limited is Coretrax Technology Holding Company Limited.
coretrax technology holding company limited
100%
coretrax global limited directors
Coretrax Global Limited currently has 2 directors.
The longest serving directors include
Mr Domenico Sansalone (May 2024) and
Mr Lewis McAlister (May 2024).
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 11 charges/mortgages relating to coretrax global limited. Currently there are 3 open charges and 8 have been satisfied in the past.
coretrax global 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 CORETRAX GLOBAL LIMITED. This can take several minutes, an email will notify you when this has completed.
coretrax global limitedCompanies House Filings - See Documents
