Pomanda estimates the enterprise value of ADNAMS PLC at £76.6m based on a Turnover of £66.3m and 1.15x industry multiple (adjusted for size and gross margin).
adnams plcEstimated Valuation
£4.6m
Pomanda estimates the enterprise value of ADNAMS PLC at £4.6m based on an EBITDA of £568k and a 8.14x industry multiple (adjusted for size and gross margin).
adnams plcEstimated Valuation
£40.8m
Pomanda estimates the enterprise value of ADNAMS PLC at £40.8m based on Net Assets of £22.3m and 1.83x industry multiple (adjusted for liquidity).
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Adnams PlcOverview
Adnams Plc is a live company located in suffolk, IP18 6JW with a Companies House number of 00031114. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in March 1890, it's largest shareholder is
unknown.
Adnams Plc is a mature,
large sized company, Pomanda has estimated its turnover at
£66.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Adnams Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £66.3m, make it larger than the average company (£18.8m)
£66.3m - Adnams Plc
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (11.5%)
9% - Adnams Plc
11.5% - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)
30.3% - Adnams Plc
30.3% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (4.6%)
-3.8% - Adnams Plc
4.6% - Industry AVG
Employees
with 574 employees, this is above the industry average (62)
574 - Adnams Plc
62 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has a lower pay structure (£37.3k)
£26.5k - Adnams Plc
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £115.6k, this is less efficient (£310.6k)
£115.6k - Adnams Plc
£310.6k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (34 days)
26 days - Adnams Plc
34 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (48 days)
47 days - Adnams Plc
48 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is less than average (157 days)
62 days - Adnams Plc
157 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (5 weeks)
1 weeks - Adnams Plc
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.4%, this is a similar level of debt than the average (61.6%)
55.4% - Adnams Plc
61.6% - Industry AVG
ADNAMS PLC financials
EXPORT
Adnams Plc's latest turnover from December 2023 is £66.3 million and the company has net assets of £22.3 million. According to their latest financial statements, Adnams Plc has 574 employees and maintains cash reserves of £567 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
66,344,000
64,215,000
57,368,000
50,661,000
74,749,000
78,918,000
74,765,000
70,265,000
65,698,000
66,032,000
60,500,000
56,922,000
54,570,000
50,912,000
51,321,000
Other Income Or Grants
Cost Of Sales
46,258,534
44,591,536
41,080,019
36,295,455
53,062,463
54,461,888
50,870,368
47,096,947
44,043,918
46,850,159
43,605,448
40,658,561
39,020,921
36,588,784
41,056,800
Gross Profit
20,085,466
19,623,464
16,287,981
14,365,545
21,686,537
24,456,112
23,894,632
23,168,053
21,654,082
19,181,841
16,894,552
16,263,439
15,549,079
14,323,216
10,264,200
Admin Expenses
22,600,466
20,850,464
17,185,981
18,197,545
20,967,537
24,616,112
22,456,632
19,231,053
17,561,082
15,366,841
13,569,552
12,871,439
13,940,079
11,135,216
7,026,200
Operating Profit
-2,515,000
-1,227,000
-898,000
-3,832,000
719,000
-160,000
1,438,000
3,937,000
4,093,000
3,815,000
3,325,000
3,392,000
1,609,000
3,188,000
3,238,000
Interest Payable
1,635,000
848,000
352,000
355,000
526,000
505,000
310,000
227,000
269,000
312,000
299,000
415,000
356,000
458,000
363,000
Interest Receivable
52,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
3,000
Pre-Tax Profit
-4,064,000
-2,285,000
-1,388,000
-4,304,000
39,000
-877,000
1,549,000
5,020,000
4,068,000
3,890,000
4,128,000
3,184,000
1,299,000
2,818,000
3,110,000
Tax
951,000
757,000
-254,000
521,000
-10,000
92,000
-513,000
-867,000
-839,000
-907,000
-882,000
-729,000
-796,000
-664,000
-754,000
Profit After Tax
-3,113,000
-1,528,000
-1,642,000
-3,783,000
29,000
-785,000
1,036,000
4,153,000
3,229,000
2,983,000
3,246,000
2,455,000
503,000
2,154,000
2,356,000
Dividends Paid
736,000
1,076,000
1,076,000
1,076,000
1,038,000
982,000
930,000
925,000
902,000
883,000
883,000
883,000
Retained Profit
-3,113,000
-2,264,000
-1,642,000
-3,783,000
-1,047,000
-1,861,000
-40,000
3,115,000
2,247,000
2,053,000
2,321,000
1,553,000
-380,000
1,271,000
1,473,000
Employee Costs
15,204,000
14,200,000
12,140,000
11,444,000
13,341,000
12,941,000
11,873,000
10,769,000
10,223,000
9,728,000
9,475,000
9,418,000
9,570,000
9,585,000
9,074,000
Number Of Employees
574
560
504
510
556
578
203
167
145
155
164
398
402
410
368
EBITDA*
568,000
1,980,000
2,554,000
-165,000
4,404,000
3,390,000
4,658,000
6,799,000
6,722,000
6,419,000
5,917,000
6,023,000
4,052,000
5,440,000
5,474,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
33,500,000
34,900,000
38,913,000
40,816,000
43,791,000
45,181,000
46,535,000
40,755,000
38,545,000
35,481,000
36,886,000
38,129,000
38,341,000
37,334,000
37,092,000
Intangible Assets
1,778,000
1,939,000
Investments & Other
50,000
5,000
188,000
247,000
298,000
136,000
166,000
Debtors (Due After 1 year)
Total Fixed Assets
35,278,000
36,839,000
38,913,000
40,816,000
43,791,000
45,181,000
46,535,000
40,805,000
38,545,000
35,486,000
37,074,000
38,376,000
38,639,000
37,470,000
37,258,000
Stock & work in progress
7,955,000
10,615,000
9,779,000
8,719,000
9,185,000
9,496,000
8,065,000
7,230,000
6,377,000
5,921,000
5,415,000
4,803,000
5,147,000
4,230,000
3,993,000
Trade Debtors
4,882,000
4,020,000
3,367,000
2,196,000
8,300,000
8,958,000
8,657,000
7,493,000
6,438,000
6,775,000
5,921,000
5,795,000
6,034,000
5,075,000
5,612,000
Group Debtors
Misc Debtors
1,343,000
1,151,000
835,000
1,366,000
1,406,000
1,696,000
1,428,000
1,494,000
1,149,000
1,872,000
1,306,000
1,277,000
1,098,000
882,000
775,000
Cash
567,000
693,000
1,000
435,000
24,000
22,000
23,000
18,000
17,000
1,202,000
15,000
12,000
14,000
19,000
18,000
misc current assets
16,000
total current assets
14,747,000
16,495,000
13,982,000
12,716,000
18,915,000
20,172,000
18,173,000
16,235,000
13,981,000
15,770,000
12,657,000
11,887,000
12,293,000
10,206,000
10,398,000
total assets
50,025,000
53,334,000
52,895,000
53,532,000
62,706,000
65,353,000
64,708,000
57,040,000
52,526,000
51,256,000
49,731,000
50,263,000
50,932,000
47,676,000
47,656,000
Bank overdraft
6,500,000
4,600,000
1,022,000
2,000
7,935,000
8,665,000
7,370,000
4,226,000
8,935,000
1,000,000
1,523,000
13,751,000
15,435,000
2,405,000
2,900,000
Bank loan
325,000
10,000,000
10,000,000
Trade Creditors
6,000,000
8,743,000
7,280,000
5,903,000
5,710,000
5,694,000
5,101,000
5,705,000
4,895,000
4,574,000
4,090,000
3,697,000
3,665,000
3,173,000
3,256,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
4,776,000
2,945,000
4,812,000
6,018,000
3,766,000
4,524,000
4,714,000
4,498,000
4,194,000
4,511,000
4,433,000
4,366,000
4,676,000
3,967,000
4,471,000
total current liabilities
17,276,000
16,288,000
13,439,000
11,923,000
17,411,000
18,883,000
17,185,000
14,429,000
18,024,000
10,085,000
10,046,000
21,814,000
23,776,000
19,545,000
20,627,000
loans
10,224,000
10,274,000
9,721,000
10,046,000
10,046,000
10,199,000
10,221,000
5,229,000
223,000
8,483,000
9,483,000
299,000
304,000
288,000
271,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
143,000
134,000
146,000
153,000
150,000
provisions
91,000
1,106,000
623,000
1,114,000
720,000
437,000
990,000
475,000
525,000
611,000
898,000
811,000
total long term liabilities
10,458,000
11,514,000
15,478,000
21,397,000
17,508,000
18,883,000
18,881,000
15,138,000
4,438,000
19,951,000
14,504,000
6,577,000
4,926,000
3,054,000
2,886,000
total liabilities
27,734,000
27,802,000
28,917,000
33,320,000
34,919,000
37,766,000
36,066,000
29,567,000
22,462,000
30,036,000
24,550,000
28,391,000
28,702,000
22,599,000
23,513,000
net assets
22,291,000
25,532,000
23,978,000
20,212,000
27,787,000
27,587,000
28,642,000
27,473,000
30,064,000
21,220,000
25,181,000
21,872,000
22,230,000
25,077,000
24,143,000
total shareholders funds
22,291,000
25,532,000
23,978,000
20,212,000
27,787,000
27,587,000
28,642,000
27,473,000
30,064,000
21,220,000
25,181,000
21,872,000
22,230,000
25,077,000
24,143,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-2,515,000
-1,227,000
-898,000
-3,832,000
719,000
-160,000
1,438,000
3,937,000
4,093,000
3,815,000
3,325,000
3,392,000
1,609,000
3,188,000
3,238,000
Depreciation
2,766,000
2,909,000
3,166,000
3,667,000
3,685,000
3,550,000
3,220,000
2,862,000
2,629,000
2,604,000
2,592,000
2,631,000
2,443,000
2,252,000
2,236,000
Amortisation
317,000
298,000
286,000
Tax
951,000
757,000
-254,000
521,000
-10,000
92,000
-513,000
-867,000
-839,000
-907,000
-882,000
-729,000
-796,000
-664,000
-754,000
Stock
-2,660,000
836,000
1,060,000
-466,000
-311,000
1,431,000
835,000
853,000
456,000
506,000
612,000
-344,000
917,000
237,000
3,993,000
Debtors
1,054,000
969,000
640,000
-6,144,000
-948,000
569,000
1,098,000
1,400,000
-1,060,000
1,420,000
155,000
-60,000
1,175,000
-430,000
6,387,000
Creditors
-2,743,000
1,463,000
1,377,000
193,000
16,000
593,000
-604,000
810,000
321,000
484,000
393,000
32,000
492,000
-83,000
3,256,000
Accruals and Deferred Income
1,831,000
-1,867,000
-1,206,000
2,252,000
-758,000
-190,000
216,000
304,000
-317,000
78,000
67,000
-310,000
709,000
-504,000
4,471,000
Deferred Taxes & Provisions
-1,015,000
483,000
623,000
-1,114,000
394,000
283,000
437,000
-990,000
990,000
-475,000
-50,000
-86,000
-287,000
87,000
811,000
Cash flow from operations
1,198,000
1,011,000
1,394,000
8,297,000
5,305,000
2,168,000
2,261,000
3,803,000
7,481,000
3,673,000
4,678,000
5,334,000
2,078,000
4,469,000
2,878,000
Investing Activities
capital expenditure
-3,003,000
-5,084,000
-605,000
-193,000
-2,073,000
-4,699,000
-2,347,000
-4,987,000
Change in Investments
-50,000
50,000
-5,000
-183,000
-59,000
-51,000
162,000
-30,000
166,000
cash flow from investments
-3,003,000
50,000
-50,000
-5,079,000
-422,000
-134,000
-2,022,000
-4,861,000
-2,317,000
-5,153,000
Financing Activities
Bank loans
-325,000
325,000
-10,000,000
10,000,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-50,000
553,000
-325,000
-153,000
-22,000
4,992,000
5,006,000
-8,260,000
-1,000,000
9,184,000
-5,000
16,000
17,000
271,000
Hire Purchase and Lease Commitments
other long term liabilities
9,000
-12,000
-7,000
3,000
150,000
share issue
-128,000
3,818,000
5,408,000
-3,792,000
1,247,000
806,000
1,209,000
-5,706,000
6,597,000
-6,014,000
988,000
-1,911,000
-2,467,000
-337,000
22,670,000
interest
-1,583,000
-848,000
-352,000
-355,000
-525,000
-504,000
-309,000
-227,000
-268,000
-311,000
-298,000
-414,000
-355,000
-457,000
-360,000
cash flow from financing
-1,752,000
3,186,000
5,049,000
-4,144,000
719,000
280,000
5,892,000
-927,000
-1,931,000
-7,325,000
9,874,000
-2,330,000
-12,806,000
-777,000
32,581,000
cash and cash equivalents
cash
-126,000
692,000
-434,000
411,000
2,000
-1,000
5,000
1,000
-1,185,000
1,187,000
3,000
-2,000
-5,000
1,000
18,000
overdraft
1,900,000
3,578,000
1,020,000
-7,933,000
-730,000
1,295,000
3,144,000
-4,709,000
7,935,000
-523,000
-12,228,000
-1,684,000
13,030,000
-495,000
2,900,000
change in cash
-2,026,000
-2,886,000
-1,454,000
8,344,000
732,000
-1,296,000
-3,139,000
4,710,000
-9,120,000
1,710,000
12,231,000
1,682,000
-13,035,000
496,000
-2,882,000
adnams plc 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 adnams plc. Get real-time insights into adnams plc's credit score, group structure and payment trends.
Perform a competitor analysis for adnams plc by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in IP18 area or any other competitors across 12 key performance metrics.
11010 - Distilling, rectifying and blending of spirits
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
11050 - Manufacture of beer
incorporation date
March 1890
age
135
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
adnams & company plc (October 1999)
accountant
-
auditor
MHA
address
east green,, southwold,, suffolk, IP18 6JW
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
adnams plc 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 12 charges/mortgages relating to adnams plc. Currently there are 4 open charges and 8 have been satisfied in the past.
adnams plc 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 ADNAMS PLC. This can take several minutes, an email will notify you when this has completed.
