james cropper public limited company

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james cropper public limited company Company Information

Share JAMES CROPPER PUBLIC LIMITED COMPANY
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Company Number

00030226

Registered Address

burneside mills, kendal, cumbria, LA9 6PZ

Industry

Manufacture of paper and paperboard

 

Telephone

01539722002

Next Accounts Due

September 2024

Group Structure

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Directors

Patrick Willink26 Years

Mark Cropper17 Years

View All

Shareholders

-0%

james cropper public limited company Estimated Valuation

£96.8m

Pomanda estimates the enterprise value of JAMES CROPPER PUBLIC LIMITED COMPANY at £96.8m based on a Turnover of £129.7m and 0.75x industry multiple (adjusted for size and gross margin).

james cropper public limited company Estimated Valuation

£45.1m

Pomanda estimates the enterprise value of JAMES CROPPER PUBLIC LIMITED COMPANY at £45.1m based on an EBITDA of £7.6m and a 5.92x industry multiple (adjusted for size and gross margin).

james cropper public limited company Estimated Valuation

£48.5m

Pomanda estimates the enterprise value of JAMES CROPPER PUBLIC LIMITED COMPANY at £48.5m based on Net Assets of £32.1m and 1.51x industry multiple (adjusted for liquidity).

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James Cropper Public Limited Company Overview

James Cropper Public Limited Company is a live company located in cumbria, LA9 6PZ with a Companies House number of 00030226. It operates in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in November 1889, it's largest shareholder is unknown. James Cropper Public Limited Company is a mature, mega sized company, Pomanda has estimated its turnover at £129.7m with healthy growth in recent years.

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James Cropper Public Limited Company Health Check

Pomanda's financial health check has awarded James Cropper Public Limited Company a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £129.7m, make it larger than the average company (£28.4m)

£129.7m - James Cropper Public Limited Company

£28.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.1%)

7% - James Cropper Public Limited Company

8.1% - Industry AVG

production

Production

with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)

23.8% - James Cropper Public Limited Company

23.8% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it less profitable than the average company (6.3%)

2.6% - James Cropper Public Limited Company

6.3% - Industry AVG

employees

Employees

with 645 employees, this is above the industry average (107)

645 - James Cropper Public Limited Company

107 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.4k, the company has an equivalent pay structure (£49.2k)

£53.4k - James Cropper Public Limited Company

£49.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £201k, this is less efficient (£294.2k)

£201k - James Cropper Public Limited Company

£294.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (55 days)

59 days - James Cropper Public Limited Company

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is quicker than average (56 days)

41 days - James Cropper Public Limited Company

56 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 67 days, this is more than average (42 days)

67 days - James Cropper Public Limited Company

42 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (6 weeks)

17 weeks - James Cropper Public Limited Company

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.4%, this is a higher level of debt than the average (44.2%)

67.4% - James Cropper Public Limited Company

44.2% - Industry AVG

JAMES CROPPER PUBLIC LIMITED COMPANY financials

EXPORTms excel logo

James Cropper Public Limited Company's latest turnover from April 2023 is £129.7 million and the company has net assets of £32.1 million. According to their latest financial statements, James Cropper Public Limited Company has 645 employees and maintains cash reserves of £7.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Mar 2010
Turnover129,664,000104,922,00078,768,000104,667,000101,095,00096,312,00092,363,00092,363,00087,920,00083,052,00084,518,00079,241,00078,223,00083,264,00070,714,000
Other Income Or Grants000000000000000
Cost Of Sales98,744,07283,025,73760,361,08081,589,24677,201,88673,724,54170,770,48370,770,48367,631,00164,188,33165,468,16561,764,07061,350,87164,842,50253,773,836
Gross Profit30,919,92821,896,26318,406,92023,077,75423,893,11422,587,45921,592,51721,592,51720,288,99918,863,66919,049,83517,476,93016,872,12918,421,49816,940,164
Admin Expenses27,580,92818,212,26315,961,92016,508,75420,485,11417,149,45915,404,51715,404,51715,628,99915,382,66916,811,83515,367,93016,204,1295,665,49813,253,164
Operating Profit3,339,0003,684,0002,445,0006,569,0003,408,0005,438,0006,188,0006,188,0004,660,0003,481,0002,238,0002,109,000668,00012,756,0003,687,000
Interest Payable1,697,000924,000730,0001,136,000965,000908,000548,000647,000793,0004,215,0004,386,0004,319,0004,158,0004,567,0004,108,000
Interest Receivable1,00017,0004,00026,000133,00011,000001,0003,309,0003,461,0003,456,0004,461,0004,623,0003,215,000
Pre-Tax Profit1,313,0002,777,0001,719,0005,459,0002,576,0004,541,0005,640,0005,541,0003,868,0002,575,0001,313,0001,246,000971,00012,812,0002,794,000
Tax-797,000-1,419,000-153,000-630,000-262,000-451,000-910,000-910,000-874,000-694,00058,000-374,000-134,000-2,598,000-608,000
Profit After Tax516,0001,358,0001,566,0004,829,0002,314,0004,090,0004,730,0004,631,0002,994,0001,881,0001,371,000872,000837,00010,214,0002,186,000
Dividends Paid00001,263,0001,097,000881,000881,000772,000708,000697,000677,000657,000623,000515,000
Retained Profit516,0001,358,0001,566,0004,829,0001,051,0002,993,0003,849,0003,750,0002,222,0001,173,000674,000195,000180,0007,865,0001,671,000
Employee Costs34,459,00030,535,00028,417,00030,388,00028,183,00027,314,00026,238,00026,238,00025,155,00022,607,00021,149,00020,296,00020,679,00019,596,00018,467,000
Number Of Employees645587573545558545553578546526518505527510500
EBITDA*7,617,0007,735,0006,934,00010,519,0006,360,0008,116,0008,465,0008,486,0006,966,0006,179,0005,120,0005,183,0003,770,00016,772,0006,825,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Mar 2010
Tangible Assets48,532,00044,977,00042,314,00040,631,00029,873,00027,166,00028,842,00029,415,00023,728,00022,881,00022,114,00021,219,00019,748,00016,177,00017,052,000
Intangible Assets2,788,0002,848,0003,210,000495,000365,000496,000569,000569,000123,000297,000480,000515,000943,0001,386,0002,096,000
Investments & Other654,00000002,053,00002,843,0000000000
Debtors (Due After 1 year)4,198,0003,534,0003,729,0001,921,00000000000000
Total Fixed Assets47,122,00044,291,00041,795,00039,205,00030,238,00027,662,00029,411,00029,984,00023,851,00023,178,00022,594,00021,734,00020,691,00017,563,00019,148,000
Stock & work in progress18,304,00017,593,00015,469,00013,956,00016,410,00014,854,00014,097,00014,097,00014,102,00013,089,00013,300,00011,848,00012,361,00011,956,00010,195,000
Trade Debtors21,003,00017,778,00013,508,00016,737,00016,918,00016,805,00015,816,00015,816,00014,876,00014,542,00014,980,00013,273,00012,281,00013,433,00013,489,000
Group Debtors000000000000000
Misc Debtors3,117,0003,351,0001,584,0002,096,0002,094,0001,717,0007,250,0007,250,0004,719,0001,175,0001,039,0001,571,000917,0001,048,0001,020,000
Cash7,679,0007,750,0006,765,0008,964,0002,352,0005,557,0001,921,0001,921,0003,186,0002,721,000692,0002,249,0005,438,0004,282,0005,050,000
misc current assets428,0000501,0001,872,0001,445,000914,00000000028,00000
total current assets51,346,00048,310,00039,252,00043,625,00039,219,00039,847,00039,084,00039,084,00036,883,00031,527,00030,011,00028,941,00031,025,00030,719,00029,754,000
total assets98,468,00092,601,00081,047,00082,830,00069,457,00067,509,00068,495,00069,068,00060,734,00054,705,00052,605,00050,675,00051,716,00048,282,00048,902,000
Bank overdraft000000000000000
Bank loan464,000256,0007,609,0003,756,000767,00001,570,00003,886,0001,825,0002,110,0002,979,0001,357,0001,061,0002,850,000
Trade Creditors 11,188,00011,640,0008,559,0007,232,0006,456,0005,381,0005,901,0005,901,0003,807,0005,795,0003,152,0002,499,0002,611,0002,475,0002,410,000
Group/Directors Accounts000000000000000
other short term finances250,000250,000397,000001,600,00001,570,0000000000
hp & lease commitments1,294,0001,339,000692,0000778,0000000895,000930,0001,034,000712,000365,000345,000
other current liabilities9,726,0009,052,0006,840,0009,587,0008,164,0008,947,00012,602,00012,602,00011,873,0006,780,0006,570,0005,887,0006,747,0008,451,0009,420,000
total current liabilities22,922,00022,537,00024,097,00020,575,00016,165,00015,928,00020,073,00020,073,00019,566,00015,295,00012,762,00012,399,00011,427,00012,352,00015,025,000
loans46,453,00037,476,00012,734,00032,526,00041,384,00017,526,00015,430,00015,430,00013,210,00012,212,00015,858,00015,044,00019,748,0009,134,0003,772,000
hp & lease commitments5,582,0006,483,0004,058,00001,142,00001,292,00001,897,0002,731,0003,627,0004,031,0001,276,000554,000782,000
Accruals and Deferred Income000000000000000
other liabilities0000019,472,000022,194,0000000000
provisions39,086,00033,046,00041,364,00023,190,0000037,640,000015,740,00028,884,00023,280,00020,834,00016,896,0007,908,00028,360,000
total long term liabilities43,481,00035,550,00027,049,00027,858,00032,016,00028,235,00026,535,00029,909,00014,475,00020,548,00019,569,00017,939,00018,322,0008,521,00016,066,000
total liabilities66,403,00058,087,00051,146,00048,433,00048,181,00044,163,00046,608,00049,982,00034,041,00035,843,00032,331,00030,338,00029,749,00020,873,00031,091,000
net assets32,065,00034,514,00029,901,00034,397,00021,276,00023,346,00021,887,00019,086,00026,693,00018,862,00020,274,00020,337,00021,967,00027,409,00017,811,000
total shareholders funds32,065,00034,514,00029,901,00034,397,00021,276,00023,346,00021,887,00019,086,00026,693,00018,862,00020,274,00020,337,00021,967,00027,409,00017,811,000
Apr 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Mar 2010
Operating Activities
Operating Profit3,339,0003,684,0002,445,0006,569,0003,408,0005,438,0006,188,0006,188,0004,660,0003,481,0002,238,0002,109,000668,00012,756,0003,687,000
Depreciation4,073,0003,865,0004,259,0003,795,0002,799,0002,524,0002,224,0002,245,0002,134,0002,321,0002,393,0002,482,0002,340,0002,740,0002,778,000
Amortisation205,000186,000230,000155,000153,000154,00053,00053,000172,000377,000489,000592,000762,0001,276,000360,000
Tax-797,000-1,419,000-153,000-630,000-262,000-451,000-910,000-910,000-874,000-694,00058,000-374,000-134,000-2,598,000-608,000
Stock711,0002,124,0001,513,000-2,454,0001,556,000757,000-5,000-5,0001,013,000-211,0001,452,000-513,000405,0001,761,00010,195,000
Debtors3,655,0005,842,000-1,933,0001,742,000490,000-4,544,0003,471,0003,471,0003,878,000-302,0001,175,0001,646,000-1,283,000-28,00014,509,000
Creditors-452,0003,081,0001,327,000776,0001,075,000-520,0002,094,0002,094,000-1,988,0002,643,000653,000-112,000136,00065,0002,410,000
Accruals and Deferred Income674,0002,212,000-2,747,0001,423,000-783,000-3,655,000729,000729,0005,093,000210,000683,000-860,000-1,704,000-969,0009,420,000
Deferred Taxes & Provisions6,040,000-8,318,00018,174,00023,190,0000-37,640,00021,900,000-15,740,000-13,144,0005,604,0002,446,0003,938,0008,988,000-20,452,00028,360,000
Cash flow from operations8,716,000-4,675,00023,955,00035,990,0004,344,000-30,363,00028,812,000-8,807,000-8,838,00014,455,0006,333,0006,642,00011,934,000-8,915,00021,703,000
Investing Activities
capital expenditure-7,773,000-6,352,000-8,887,000-14,838,000-5,528,000-929,000-7,837,000-8,431,000-2,979,000-3,282,000-3,742,000-4,117,000-6,230,000-2,431,000-22,286,000
Change in Investments654,000000-2,053,0002,053,00002,843,0000000000
cash flow from investments-8,427,000-6,352,000-8,887,000-14,838,000-3,475,000-2,982,000-7,837,000-11,274,000-2,979,000-3,282,000-3,742,000-4,117,000-6,230,000-2,431,000-22,286,000
Financing Activities
Bank loans208,000-7,353,0003,853,0002,989,000767,000-1,570,000-2,316,000-3,886,0002,061,000-285,000-869,0001,622,000296,000-1,789,0002,850,000
Group/Directors Accounts000000000000000
Other Short Term Loans 0-147,000397,0000-1,600,0001,600,00001,570,0000000000
Long term loans8,977,00024,742,000-19,792,000-8,858,00023,858,0002,096,0002,220,0002,220,000998,000-3,646,000814,000-4,704,00010,614,0005,362,0003,772,000
Hire Purchase and Lease Commitments-946,0003,072,0004,750,000-1,920,0001,920,000-1,292,000-605,000-1,897,000-1,729,000-931,000-508,0003,077,0001,069,000-208,0001,127,000
other long term liabilities0000-19,472,00019,472,000022,194,0000000000
share issue-2,965,0003,255,000-6,062,0008,292,000-3,121,000-1,534,000-8,655,000-11,357,0005,609,000-2,585,000-737,000-1,825,000-5,622,0001,733,00016,140,000
interest-1,696,000-907,000-726,000-1,110,000-832,000-897,000-548,000-647,000-792,000-906,000-925,000-863,000303,00056,000-893,000
cash flow from financing3,578,00022,662,000-17,580,000-607,0001,520,00017,875,000-9,904,0008,197,0006,147,000-8,353,000-2,225,000-2,693,0006,660,0005,154,00022,996,000
cash and cash equivalents
cash-71,000985,000-2,199,0006,612,000-3,205,0003,636,000-1,265,000-1,265,000465,0002,029,000-1,557,000-3,189,0001,156,000-768,0005,050,000
overdraft000000000000000
change in cash-71,000985,000-2,199,0006,612,000-3,205,0003,636,000-1,265,000-1,265,000465,0002,029,000-1,557,000-3,189,0001,156,000-768,0005,050,000

james cropper public limited company Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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James Cropper Public Limited Company Competitor Analysis

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james cropper public limited company Ownership

JAMES CROPPER PUBLIC LIMITED COMPANY Shareholders

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james cropper public limited company directors

James Cropper Public Limited Company currently has 9 directors. The longest serving directors include Mr Patrick Willink (Mar 1998) and Mr Mark Cropper (Oct 2006).

officercountryagestartendrole
Mr Patrick Willink59 years Mar 1998- Director
Mr Mark CropperEngland50 years Oct 2006- Director
Mr James SharpEngland57 years Sep 2009- Director
Mr Stephen Adams60 years Jan 2017- Director
Mrs Lyndsey Scott62 years Aug 2019- Director
Mrs Sarah MilesUnited Kingdom52 years Nov 2021- Director
Mr Martin Court63 years Nov 2021- Director
Mr Martin CourtEngland63 years Nov 2021- Director
Mr Andrew GoodyUnited Kingdom57 years Nov 2023- Director

P&L

April 2023

turnover

129.7m

+24%

operating profit

3.3m

-9%

gross margin

23.9%

+14.27%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

32.1m

-0.07%

total assets

98.5m

+0.06%

cash

7.7m

-0.01%

net assets

Total assets minus all liabilities

james cropper public limited company company details

company number

00030226

Type

Public limited with Share Capital

industry

17120 - Manufacture of paper and paperboard

incorporation date

November 1889

age

135

accounts

Group

ultimate parent company

None

previous names

N/A

incorporated

UK

address

burneside mills, kendal, cumbria, LA9 6PZ

last accounts submitted

April 2023

james cropper public limited company 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 found 4 charges/mortgages relating to james cropper public limited company. Currently there are 3 open charges and 1 have been satisfied in the past.

charges

james cropper public limited company Companies House Filings - See Documents

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