Pomanda estimates the enterprise value of CORE ASSOCIATES LTD at £255.5k based on a Turnover of £500.8k and 0.51x industry multiple (adjusted for size and gross margin).
core associates ltdEstimated Valuation
£192.8k
Pomanda estimates the enterprise value of CORE ASSOCIATES LTD at £192.8k based on an EBITDA of £41.5k and a 4.65x industry multiple (adjusted for size and gross margin).
core associates ltdEstimated Valuation
£230.3k
Pomanda estimates the enterprise value of CORE ASSOCIATES LTD at £230.3k based on Net Assets of £71.7k and 3.21x industry multiple (adjusted for liquidity).
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Core Associates LtdOverview
Core Associates Ltd is a live company located in glasgow, G3 7NG with a Companies House number of SC313124. It operates in the architectural activities sector, SIC Code 71111. Founded in December 2006, it's largest shareholder is
david mason
with a 80% stake. Core Associates Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£500.8k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Core Associates Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
1 Strong
7 Regular
4 Weak
Size
annual sales of £500.8k, make it smaller than the average company (£764.4k)
£500.8k - Core Associates Ltd
£764.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6.3%)
14% - Core Associates Ltd
6.3% - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
47.4% - Core Associates Ltd
47.4% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (8.4%)
7.4% - Core Associates Ltd
8.4% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (11)
9 - Core Associates Ltd
11 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
£50.6k - Core Associates Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £55.6k, this is less efficient (£91k)
£55.6k - Core Associates Ltd
£91k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is near the average (82 days)
71 days - Core Associates Ltd
82 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is close to average (25 days)
24 days - Core Associates Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (20 days)
48 days - Core Associates Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (31 weeks)
0 weeks - Core Associates Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.1%, this is a similar level of debt than the average (50.2%)
55.1% - Core Associates Ltd
50.2% - Industry AVG
CORE ASSOCIATES LTD financials
EXPORT
Core Associates Ltd's latest turnover from March 2024 is estimated at £500.8 thousand and the company has net assets of £71.7 thousand. According to their latest financial statements, Core Associates Ltd has 9 employees and maintains cash reserves of £58 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
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
500,803
310,442
506,384
338,848
357,711
483,526
283,541
319,213
200,039
347,255
204,007
250,623
190,932
62,041
329,723
Other Income Or Grants
Cost Of Sales
263,282
160,236
280,746
189,938
184,084
245,902
144,198
152,608
82,381
152,215
85,340
101,550
75,747
22,227
113,592
Gross Profit
237,522
150,206
225,638
148,910
173,627
237,624
139,343
166,605
117,658
195,041
118,667
149,073
115,185
39,814
216,132
Admin Expenses
200,253
209,045
198,944
135,886
150,758
208,031
113,708
133,126
152,636
169,789
117,761
142,807
77,144
74,444
214,667
Operating Profit
37,269
-58,839
26,694
13,024
22,869
29,593
25,635
33,479
-34,978
25,252
906
6,266
38,041
-34,630
1,465
Interest Payable
3,813
3,909
3,293
1,637
35
566
768
925
702
Interest Receivable
3,245
4,970
749
68
55
240
71
35
22
22
12
25
13
35
35
Pre-Tax Profit
36,701
-57,778
24,149
11,454
22,889
29,267
24,937
32,589
-35,659
25,273
918
6,291
38,054
-34,595
1,500
Tax
-9,175
-4,588
-2,176
-4,349
-5,561
-4,738
-6,518
-5,307
-211
-1,510
-9,894
-420
Profit After Tax
27,526
-57,778
19,561
9,278
18,540
23,706
20,199
26,071
-35,659
19,966
707
4,781
28,160
-34,595
1,080
Dividends Paid
Retained Profit
27,526
-57,778
19,561
9,278
18,540
23,706
20,199
26,071
-35,659
19,966
707
4,781
28,160
-34,595
1,080
Employee Costs
455,636
337,484
314,859
319,497
317,236
264,418
261,000
275,751
265,679
175,223
133,427
169,309
125,018
40,355
207,777
Number Of Employees
9
7
7
7
7
6
6
6
6
4
3
4
3
1
5
EBITDA*
41,496
-51,631
33,216
19,403
26,707
32,261
26,492
33,479
-34,625
25,612
1,542
8,270
42,216
-30,558
5,537
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
4,410
8,637
13,112
15,629
9,806
8,962
2,572
353
713
1,349
2,383
6,011
10,083
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,410
8,637
13,112
15,629
9,806
8,962
2,572
353
713
1,349
2,383
6,011
10,083
Stock & work in progress
35,000
60,838
7,210
15,000
20,880
6,267
5,000
Trade Debtors
97,647
41,427
153,519
64,511
76,647
116,992
51,874
60,072
6,799
71,360
35,836
41,764
32,202
4,080
58,618
Group Debtors
Misc Debtors
22,426
26,494
37,139
8,982
4,915
4,704
23,244
7,266
16,886
15,157
24,527
2,351
1,806
Cash
58
123,571
110,310
89,318
46,259
64,038
7
28,288
7
8,675
7
4,811
5,245
6
13,859
misc current assets
total current assets
155,131
252,330
308,178
162,811
127,821
185,734
90,125
95,626
44,572
80,035
57,267
76,102
37,447
6,437
74,283
total assets
159,541
260,967
321,290
178,440
137,627
194,696
92,697
95,626
44,572
80,388
57,980
77,451
39,830
12,448
84,366
Bank overdraft
23,601
10,648
12,447
3,684
1,143
14,497
3,428
13,610
Bank loan
Trade Creditors
17,550
18,835
13,818
7,928
13,980
64,196
19,331
15,292
15,473
59,789
55,055
71,471
45,026
45,162
81,776
Group/Directors Accounts
375
24
other short term finances
hp & lease commitments
other current liabilities
34,093
163,960
159,168
31,499
48,703
73,113
26,402
61,698
22,924
total current liabilities
75,244
193,443
185,433
43,111
62,683
138,452
60,230
80,418
52,007
60,164
55,055
71,471
45,050
45,162
81,776
loans
11,791
21,741
31,446
50,000
1,143
4,572
8,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,667
6,333
provisions
838
1,641
2,491
2,970
1,863
1,703
489
96
10
676
1,385
total long term liabilities
12,629
23,382
33,937
52,970
1,863
1,703
1,632
4,572
8,000
2,667
6,429
10
676
1,385
total liabilities
87,873
216,825
219,370
96,081
64,546
140,155
61,862
84,990
60,007
60,164
57,722
77,900
45,060
45,838
83,161
net assets
71,668
44,142
101,920
82,359
73,081
54,541
30,835
10,636
-15,435
20,224
258
-449
-5,230
-33,390
1,205
total shareholders funds
71,668
44,142
101,920
82,359
73,081
54,541
30,835
10,636
-15,435
20,224
258
-449
-5,230
-33,390
1,205
Mar 2024
Mar 2023
Mar 2022
Mar 2021
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
37,269
-58,839
26,694
13,024
22,869
29,593
25,635
33,479
-34,978
25,252
906
6,266
38,041
-34,630
1,465
Depreciation
4,227
7,208
6,522
6,379
3,838
2,668
857
353
360
636
2,004
4,175
4,072
4,072
Amortisation
Tax
-9,175
-4,588
-2,176
-4,349
-5,561
-4,738
-6,518
-5,307
-211
-1,510
-9,894
-420
Stock
-25,838
53,628
7,210
-15,000
15,000
-20,880
20,880
-6,267
1,267
5,000
Debtors
52,152
-122,737
117,165
-8,069
-40,134
46,578
7,780
43,653
-47,675
20,367
-15,298
34,089
25,771
-53,993
60,424
Creditors
-1,285
5,017
5,890
-6,052
-50,216
44,865
4,039
-181
-44,316
4,734
-16,416
26,445
-136
-36,614
81,776
Accruals and Deferred Income
-129,867
4,792
127,669
-17,204
-24,410
46,711
-35,296
38,774
22,924
Deferred Taxes & Provisions
-803
-850
-479
1,107
160
1,214
489
-96
86
-666
-709
1,385
Cash flow from operations
-125,948
26,437
37,333
3,147
-11,974
87,912
-31,794
42,781
-29,222
10,939
-1,150
-5,798
5,749
-13,888
27,854
Investing Activities
capital expenditure
-2,733
-4,005
-12,202
-4,682
-9,058
-3,429
-970
-547
-14,155
Change in Investments
cash flow from investments
-2,733
-4,005
-12,202
-4,682
-9,058
-3,429
-970
-547
-14,155
Financing Activities
Bank loans
Group/Directors Accounts
-375
375
-24
24
Other Short Term Loans
Long term loans
-9,950
-9,705
-18,554
50,000
-1,143
-3,429
-3,428
8,000
Hire Purchase and Lease Commitments
other long term liabilities
-2,667
-3,666
6,333
share issue
125
interest
-568
1,061
-2,544
-1,569
20
-326
-697
-890
-680
22
12
25
13
35
35
cash flow from financing
-10,518
-8,644
-21,098
48,431
20
-1,469
-4,126
-4,318
6,945
-2,270
-3,654
6,334
37
35
160
cash and cash equivalents
cash
-123,513
13,261
20,992
43,059
-17,779
64,031
-28,281
28,281
-8,668
8,668
-4,804
-434
5,239
-13,853
13,859
overdraft
12,953
-1,799
8,763
3,684
-1,143
-13,354
11,069
-10,182
13,610
change in cash
-136,466
15,060
12,229
39,375
-16,636
77,385
-39,350
38,463
-22,278
8,668
-4,804
-434
5,239
-13,853
13,859
core associates ltd 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 core associates ltd. Get real-time insights into core associates ltd's credit score, group structure and payment trends.
Perform a competitor analysis for core associates ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in G 3 area or any other competitors across 12 key performance metrics.
core associates ltd Ownership
CORE ASSOCIATES LTD group structure
Core Associates Ltd has no subsidiary companies.
Ultimate parent company
CORE ASSOCIATES LTD
SC313124
CORE ASSOCIATES LTD Shareholders
The largest shareholders in Core Associates Ltd include David Mason and Arlene Mason.
david mason
80%
arlene mason
20%
core associates ltd directors
Core Associates Ltd currently has 1 director, Mr David Mason serving since Dec 2006.
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 core associates ltd.
core associates ltd 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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core associates ltdCompanies House Filings - See Documents
