reflex plus ltd
reflex plus ltd Company Information
Company Number
00012592
Registered Address
c/o reflex labels, vision house, hamilton way, mansfield, NG18 5BU
Industry
Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
Telephone
01623675000
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
the reflex group ltd 100%
reflex plus ltd Estimated Valuation
Pomanda estimates the enterprise value of REFLEX PLUS LTD at £14.8m based on a Turnover of £29m and 0.51x industry multiple (adjusted for size and gross margin).
reflex plus ltd Estimated Valuation
Pomanda estimates the enterprise value of REFLEX PLUS LTD at £12m based on an EBITDA of £2.7m and a 4.37x industry multiple (adjusted for size and gross margin).
reflex plus ltd Estimated Valuation
Pomanda estimates the enterprise value of REFLEX PLUS LTD at £7m based on Net Assets of £4.2m and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reflex Plus Ltd Overview
Reflex Plus Ltd is a live company located in mansfield, NG18 5BU with a Companies House number of 00012592. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in October 1878, it's largest shareholder is the reflex group ltd with a 100% stake. Reflex Plus Ltd is a mature, large sized company, Pomanda has estimated its turnover at £29m with rapid growth in recent years.
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Reflex Plus Ltd Health Check
Pomanda's financial health check has awarded Reflex Plus Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £29m, make it larger than the average company (£9.9m)
£29m - Reflex Plus Ltd
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 111%, show it is growing at a faster rate (0.1%)
111% - Reflex Plus Ltd
0.1% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (31.2%)
24.8% - Reflex Plus Ltd
31.2% - Industry AVG
Profitability
an operating margin of 4.3% make it as profitable than the average company (4.4%)
4.3% - Reflex Plus Ltd
4.4% - Industry AVG
Employees
with 163 employees, this is above the industry average (65)
163 - Reflex Plus Ltd
65 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£36.4k)
£32.9k - Reflex Plus Ltd
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £178.1k, this is more efficient (£141.5k)
£178.1k - Reflex Plus Ltd
£141.5k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (55 days)
67 days - Reflex Plus Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (61 days)
84 days - Reflex Plus Ltd
61 days - Industry AVG
Stock Days
it holds stock equivalent to 50 days, this is more than average (26 days)
50 days - Reflex Plus Ltd
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Reflex Plus Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.9%, this is a higher level of debt than the average (64.7%)
77.9% - Reflex Plus Ltd
64.7% - Industry AVG
REFLEX PLUS LTD financials
Reflex Plus Ltd's latest turnover from February 2023 is £29 million and the company has net assets of £4.2 million. According to their latest financial statements, Reflex Plus Ltd has 163 employees and maintains cash reserves of £85 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 29,034,000 | 27,259,000 | 28,057,000 | 3,076,000 | 2,737,000 | 2,787,000 | 2,681,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 21,822,000 | 20,250,000 | 20,246,000 | 3,117,000 | 2,727,000 | 2,190,000 | 1,794,000 | |||||||
| Gross Profit | 7,212,000 | 7,009,000 | 7,811,000 | -41,000 | 10,000 | 597,000 | 887,000 | |||||||
| Admin Expenses | 5,960,000 | 5,497,000 | 5,461,000 | 2,124,000 | 724,000 | 479,000 | 849,000 | |||||||
| Operating Profit | 1,252,000 | 1,512,000 | 2,350,000 | -2,165,000 | -714,000 | 118,000 | 38,000 | |||||||
| Interest Payable | 331,000 | 146,000 | 117,000 | 59,000 | 22,000 | 2,000 | 0 | |||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | |||||||
| Pre-Tax Profit | 905,000 | 1,345,000 | 2,264,000 | -2,184,000 | -736,000 | 116,000 | 39,000 | |||||||
| Tax | -94,000 | -692,000 | -380,000 | -103,000 | -48,000 | 137,000 | 7,000 | |||||||
| Profit After Tax | 811,000 | 653,000 | 1,884,000 | -2,287,000 | -784,000 | 253,000 | 46,000 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 30,000 | |||||||
| Retained Profit | 811,000 | 653,000 | 1,884,000 | -2,287,000 | -784,000 | 253,000 | 16,000 | |||||||
| Employee Costs | 5,370,000 | 5,180,000 | 5,148,000 | 1,042,000 | 972,000 | 1,043,000 | ||||||||
| Number Of Employees | 163 | 163 | 163 | 37 | 32 | 27 | 29 | 28 | ||||||
| EBITDA* | 2,747,000 | 2,959,000 | 3,930,000 | -1,896,000 | -624,000 | 195,000 | 72,276,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,730,000 | 8,897,000 | 8,219,000 | 8,522,000 | 2,143,000 | 462,000 | 1,159,000 | 1,171,287 | 1,207,391 | 1,266,024 | 1,355,417 | 1,467,978 | 1,580,139 | 1,800,640 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,730,000 | 8,897,000 | 8,219,000 | 8,522,000 | 2,143,000 | 462,000 | 1,159,000 | 1,171,287 | 1,207,391 | 1,266,024 | 1,355,417 | 1,467,978 | 1,580,139 | 1,800,640 |
| Stock & work in progress | 3,032,000 | 3,203,000 | 2,284,000 | 2,003,000 | 264,000 | 348,000 | 513,000 | 478,844 | 483,923 | 550,292 | 449,236 | 371,650 | 356,408 | 385,844 |
| Trade Debtors | 5,344,000 | 4,858,000 | 4,833,000 | 5,063,000 | 812,000 | 511,000 | 453,000 | 583,996 | 755,196 | 583,938 | 613,502 | 666,771 | 540,365 | 371,175 |
| Group Debtors | 0 | 2,000 | 0 | 1,334,000 | 2,055,000 | 1,592,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 584,000 | 430,000 | 1,027,000 | 218,000 | 147,000 | 167,000 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 85,000 | 450,000 | 110,000 | 13,000 | 12,000 | 236,000 | 832,000 | 778,757 | 459,133 | 528,073 | 459,967 | 532,746 | 623,356 | 1,123,597 |
| misc current assets | 0 | 0 | 0 | 1,055,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,045,000 | 8,943,000 | 8,254,000 | 9,686,000 | 3,290,000 | 2,854,000 | 1,843,000 | 1,841,597 | 1,698,252 | 1,662,303 | 1,522,705 | 1,571,167 | 1,520,129 | 1,880,616 |
| total assets | 18,775,000 | 17,840,000 | 16,473,000 | 18,208,000 | 5,433,000 | 3,316,000 | 3,002,000 | 3,012,884 | 2,905,643 | 2,928,327 | 2,878,122 | 3,039,145 | 3,100,268 | 3,681,256 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,055,000 | 4,418,000 | 3,935,000 | 3,958,000 | 384,000 | 238,000 | 209,000 | 408,084 | 330,003 | 291,751 | 396,789 | 362,948 | 288,512 | 217,664 |
| Group/Directors Accounts | 922,000 | 4,789,000 | 7,724,000 | 5,595,000 | 913,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 3,202,000 | 1,767,000 | 0 | 3,548,000 | 642,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 908,000 | 423,000 | 204,000 | 1,306,000 | 258,000 | 8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,004,000 | 767,000 | 1,590,000 | 1,350,000 | 131,000 | 188,000 | 142,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 11,091,000 | 12,164,000 | 13,453,000 | 15,757,000 | 2,328,000 | 437,000 | 367,000 | 408,084 | 330,003 | 291,751 | 396,789 | 362,948 | 288,512 | 217,664 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,593,000 | 1,490,000 | 179,000 | 2,634,000 | 1,015,000 | 5,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,007 |
| provisions | 940,000 | 846,000 | 154,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,808 |
| total long term liabilities | 3,533,000 | 2,336,000 | 333,000 | 2,648,000 | 1,015,000 | 5,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 63,815 |
| total liabilities | 14,624,000 | 14,500,000 | 13,786,000 | 18,405,000 | 3,343,000 | 442,000 | 381,000 | 408,084 | 330,003 | 291,751 | 396,789 | 362,948 | 288,512 | 281,479 |
| net assets | 4,151,000 | 3,340,000 | 2,687,000 | -197,000 | 2,090,000 | 2,874,000 | 2,621,000 | 2,604,800 | 2,575,640 | 2,636,576 | 2,481,333 | 2,676,197 | 2,811,756 | 3,399,777 |
| total shareholders funds | 4,151,000 | 3,340,000 | 2,687,000 | -197,000 | 2,090,000 | 2,874,000 | 2,621,000 | 2,604,800 | 2,575,640 | 2,636,576 | 2,481,333 | 2,676,197 | 2,811,756 | 3,399,777 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,252,000 | 1,512,000 | 2,350,000 | -2,165,000 | -714,000 | 118,000 | 38,000 | |||||||
| Depreciation | 1,495,000 | 1,447,000 | 1,580,000 | 269,000 | 90,000 | 77,000 | 72,238,000 | 69,925 | 77,014 | 92,290 | 107,103 | 115,982 | 134,481 | 165,249 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -94,000 | -692,000 | -380,000 | -103,000 | -48,000 | 137,000 | 7,000 | |||||||
| Stock | -171,000 | 919,000 | 281,000 | 1,739,000 | -84,000 | 348,000 | 34,156 | -5,079 | -66,369 | 101,056 | 77,586 | 15,242 | -29,436 | 385,844 |
| Debtors | 638,000 | -570,000 | -755,000 | 3,601,000 | 744,000 | 2,270,000 | -85,996 | -171,200 | 171,258 | -29,564 | -53,269 | 126,406 | 169,190 | 371,175 |
| Creditors | 637,000 | 483,000 | -23,000 | 3,574,000 | 146,000 | 238,000 | -199,084 | 78,081 | 38,252 | -105,038 | 33,841 | 74,436 | 70,848 | 217,664 |
| Accruals and Deferred Income | 237,000 | -823,000 | 240,000 | 1,219,000 | -57,000 | 188,000 | 142,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 94,000 | 692,000 | 140,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35,808 | 35,808 |
| Cash flow from operations | 3,154,000 | 2,270,000 | 4,381,000 | -2,532,000 | -1,243,000 | -1,860,000 | 72,277,756 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,867,000 | -2,935,000 | 2,129,000 | 4,682,000 | 910,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 1,435,000 | 1,767,000 | -3,548,000 | 2,906,000 | 642,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,588,000 | 1,530,000 | -3,557,000 | 2,667,000 | 1,260,000 | 13,000 | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28,007 | 28,007 |
| share issue | ||||||||||||||
| interest | -331,000 | -146,000 | -117,000 | -59,000 | -22,000 | -2,000 | 1,000 | |||||||
| cash flow from financing | -1,175,000 | 216,000 | -4,093,000 | 10,196,000 | 2,790,000 | 2,635,000 | 23,200 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | -365,000 | 340,000 | 97,000 | 1,000 | -224,000 | 236,000 | 53,243 | 319,624 | -68,940 | 68,106 | -72,779 | -90,610 | -500,241 | 1,123,597 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -365,000 | 340,000 | 97,000 | 1,000 | -224,000 | 236,000 | 45,243 | 319,624 | -68,940 | 68,106 | -72,779 | -90,610 | -500,241 | 1,123,597 |
reflex plus ltd Credit Report and Business Information
Reflex Plus Ltd Competitor Analysis
Perform a competitor analysis for reflex plus ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NG18 area or any other competitors across 12 key performance metrics.
reflex plus ltd Ownership
REFLEX PLUS LTD group structure
Reflex Plus Ltd has no subsidiary companies.
reflex plus ltd directors
Reflex Plus Ltd currently has 3 directors. The longest serving directors include Mr Ian Kendall (Aug 2017) and Mr Raymond Young (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Kendall | England | 59 years | Aug 2017 | - | Director |
| Mr Raymond Young | 58 years | Jan 2020 | - | Director | |
| Mr Gary Tomlin | England | 54 years | Jan 2020 | - | Director |
P&L
February 2023turnover
29m
+7%
operating profit
1.3m
-17%
gross margin
24.9%
-3.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
4.2m
+0.24%
total assets
18.8m
+0.05%
cash
85k
-0.81%
net assets
Total assets minus all liabilities
Similar Companies
reflex plus ltd company details
company number
00012592
Type
Private limited with Share Capital
industry
18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
incorporation date
October 1878
age
146
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2023
previous names
west yorkshire printing company limited (January 2020)
accountant
-
auditor
MAZARS LLP
address
c/o reflex labels, vision house, hamilton way, mansfield, NG18 5BU
Bank
HSBC BANK PLC
Legal Advisor
-
reflex plus ltd 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 5 charges/mortgages relating to reflex plus ltd. Currently there are 1 open charges and 4 have been satisfied in the past.
reflex plus ltd Companies House Filings - See Documents
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