vesuvius uk limited

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vesuvius uk limited Company Information

Share VESUVIUS UK LIMITED
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MatureMegaLow

Company Number

00054713

Registered Address

1 midland way, central park, barlborough links, derbyshire, S43 4XA

Industry

Manufacture of refractory products

 

Telephone

01246571700

Next Accounts Due

September 2024

Group Structure

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Directors

Michael Satterthwaite11 Years

Henry Knowles10 Years

View All

Shareholders

vesuvius-premier refractories (holdings) ltd 100%

vesuvius uk limited Estimated Valuation

£111.9m

Pomanda estimates the enterprise value of VESUVIUS UK LIMITED at £111.9m based on a Turnover of £139.8m and 0.8x industry multiple (adjusted for size and gross margin).

vesuvius uk limited Estimated Valuation

£91.1m

Pomanda estimates the enterprise value of VESUVIUS UK LIMITED at £91.1m based on an EBITDA of £16.4m and a 5.57x industry multiple (adjusted for size and gross margin).

vesuvius uk limited Estimated Valuation

£193.7m

Pomanda estimates the enterprise value of VESUVIUS UK LIMITED at £193.7m based on Net Assets of £87.1m and 2.22x industry multiple (adjusted for liquidity).

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Vesuvius Uk Limited Overview

Vesuvius Uk Limited is a live company located in barlborough links, S43 4XA with a Companies House number of 00054713. It operates in the manufacture of refractory products sector, SIC Code 23200. Founded in November 1897, it's largest shareholder is vesuvius-premier refractories (holdings) ltd with a 100% stake. Vesuvius Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £139.8m with low growth in recent years.

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Vesuvius Uk Limited Health Check

Pomanda's financial health check has awarded Vesuvius Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £139.8m, make it larger than the average company (£20.2m)

£139.8m - Vesuvius Uk Limited

£20.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2%)

1% - Vesuvius Uk Limited

2% - Industry AVG

production

Production

with a gross margin of 17.9%, this company has a higher cost of product (24.1%)

17.9% - Vesuvius Uk Limited

24.1% - Industry AVG

profitability

Profitability

an operating margin of 10.8% make it more profitable than the average company (5.5%)

10.8% - Vesuvius Uk Limited

5.5% - Industry AVG

employees

Employees

with 147 employees, this is above the industry average (89)

147 - Vesuvius Uk Limited

89 - Industry AVG

paystructure

Pay Structure

on an average salary of £96k, the company has a higher pay structure (£50.7k)

£96k - Vesuvius Uk Limited

£50.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £951k, this is more efficient (£287.4k)

£951k - Vesuvius Uk Limited

£287.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is near the average (51 days)

51 days - Vesuvius Uk Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (46 days)

16 days - Vesuvius Uk Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 58 days, this is in line with average (67 days)

58 days - Vesuvius Uk Limited

67 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is average cash available to meet short term requirements (5 weeks)

4 weeks - Vesuvius Uk Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (44.7%)

14.8% - Vesuvius Uk Limited

44.7% - Industry AVG

vesuvius uk limited 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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Vesuvius Uk Limited Competitor Analysis

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Perform a competitor analysis for vesuvius uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

vesuvius uk limited Ownership

VESUVIUS UK LIMITED group structure

Vesuvius Uk Limited has no subsidiary companies.

Ultimate parent company

2 parents

VESUVIUS UK LIMITED

00054713

VESUVIUS UK LIMITED Shareholders

vesuvius-premier refractories (holdings) ltd 100%

vesuvius uk limited directors

Vesuvius Uk Limited currently has 3 directors. The longest serving directors include Mr Michael Satterthwaite (Mar 2013) and Mr Henry Knowles (Dec 2013).

officercountryagestartendrole
Mr Michael SatterthwaiteScotland56 years Mar 2013- Director
Mr Henry Knowles55 years Dec 2013- Director
Mr Sunderrajan Venkatraman63 years Sep 2016- Director

VESUVIUS UK LIMITED financials

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Vesuvius Uk Limited's latest turnover from December 2022 is £139.8 million and the company has net assets of £87.1 million. According to their latest financial statements, Vesuvius Uk Limited has 147 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover139,791,000123,634,000113,179,000134,581,000149,953,000131,916,000115,020,000130,050,000148,176,000149,351,000148,716,000149,928,000128,622,00095,252,000
Other Income Or Grants00000000000000
Cost Of Sales114,792,000101,522,00093,104,000110,628,000122,187,000109,511,00092,525,000103,735,000116,920,000119,979,000123,025,000123,968,000103,404,00077,359,000
Gross Profit24,999,00022,112,00020,075,00023,953,00027,766,00022,405,00022,495,00026,315,00031,256,00029,372,00025,691,00025,960,00025,218,00017,893,000
Admin Expenses9,947,00010,139,00012,338,00012,763,00019,026,00019,145,00014,817,00019,309,00018,839,00020,519,00017,918,00019,902,00020,071,00016,408,000
Operating Profit15,052,00011,973,0007,737,00011,190,0008,740,0003,260,0007,678,0007,006,00012,417,0008,853,0007,773,0006,058,0005,147,0001,485,000
Interest Payable54,000101,000118,000232,00081,000151,000306,000246,000252,000614,000648,000675,000711,000648,000
Interest Receivable1,908,0001,816,0002,006,0001,435,00000000000058,000
Pre-Tax Profit16,906,00013,688,0009,625,00012,393,0008,659,0003,109,0007,372,0006,760,00012,165,0007,899,0006,492,0003,761,0003,608,000-16,024,000
Tax-436,000-624,000-555,000-585,000-496,000-507,000-36,000-91,000-158,000-129,000-136,000-168,000-137,00046,000
Profit After Tax16,470,00013,064,0009,070,00011,808,0008,163,0002,602,0007,336,0006,669,00012,007,0007,770,0006,356,0003,593,0003,471,000-15,978,000
Dividends Paid00000000000000
Retained Profit16,470,00013,064,0009,070,00011,808,0008,163,0002,602,0007,336,0006,669,00012,007,0007,770,0006,356,0003,593,0003,471,000-15,978,000
Employee Costs14,113,00013,247,00013,870,00016,364,00020,934,00020,669,00018,939,00020,662,00019,662,00020,719,00019,970,00019,377,00021,745,00023,195,000
Number Of Employees147158184234300307306382382382395420507598
EBITDA*16,358,00013,293,0009,279,00013,409,00010,365,0004,391,0008,815,0008,142,00014,708,00011,129,0009,821,0007,928,0006,985,0003,220,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,900,0006,063,0005,942,0006,128,0004,260,0005,475,0006,194,0006,472,0006,793,0006,988,0006,969,0007,103,0005,904,0005,501,000
Intangible Assets8,992,0008,992,0008,992,0009,209,00010,675,00010,675,00010,675,00010,675,00010,675,00010,666,00011,865,00013,065,00014,263,00015,462,000
Investments & Other1,0001,0001,00064,00064,00064,00064,00063,00063,00072,00072,00072,00072,00072,000
Debtors (Due After 1 year)43,708,00091,483,000107,713,00091,689,00092,969,00078,889,00076,924,00070,325,00062,971,00000000
Total Fixed Assets57,601,000106,539,000122,648,000107,090,000107,968,00095,103,00093,857,00087,535,00080,502,00017,726,00018,906,00020,240,00020,239,00021,035,000
Stock & work in progress18,347,00016,006,00010,036,00011,769,00014,278,00013,499,00011,401,00011,743,00016,310,00015,819,00017,042,00023,507,00018,607,0009,350,000
Trade Debtors19,731,00019,254,00014,111,00013,563,00015,748,00016,610,00012,917,00018,861,00020,063,00016,704,00017,813,00014,680,00014,427,00012,646,000
Group Debtors1,463,0001,968,0001,893,0002,786,0004,943,0005,098,0003,007,0003,045,00010,637,00072,537,00050,067,00028,073,00027,534,00028,582,000
Misc Debtors3,859,0002,982,0002,748,0003,650,0003,405,0003,036,0002,109,000003,569,0004,412,0007,170,0004,874,0001,577,000
Cash1,222,0001,248,0001,284,0002,550,0002,025,0002,400,0001,750,00062,000417,000965,00012,177,00023,211,00030,276,00036,707,000
misc current assets0002,933,0000000000000
total current assets44,622,00041,458,00030,072,00037,251,00040,399,00040,643,00031,184,00033,711,00047,427,000109,594,000101,511,00096,641,00095,718,00088,862,000
total assets102,223,000147,997,000152,720,000144,341,000148,367,000135,746,000125,041,000121,246,000127,929,000127,320,000120,417,000116,881,000115,957,000109,897,000
Bank overdraft0001,275,0009,490,0001,0004,341,0007,418,0009,583,0000929,00000417,000
Bank loan00000000000000
Trade Creditors 5,063,0005,572,0008,854,0007,103,00011,464,00013,168,0009,218,0009,103,00012,415,00010,610,00013,484,00014,359,00014,838,00013,591,000
Group/Directors Accounts2,697,0002,936,0002,528,0002,299,0002,794,0006,550,0003,122,0003,002,0009,599,00057,008,00054,601,00056,465,00056,528,00051,055,000
other short term finances628,0001,567,0001,893,00000000000000
hp & lease commitments0001,685,0000000000000
other current liabilities5,410,0003,700,0003,856,0004,145,0009,514,0009,119,0004,831,0003,464,0004,044,0003,465,0002,352,0001,702,0002,622,0004,049,000
total current liabilities13,798,00013,775,00017,131,00016,507,00033,262,00028,838,00021,512,00022,987,00035,641,00071,083,00071,366,00072,526,00073,988,00069,112,000
loans012,239,00025,483,00025,152,00025,152,00025,152,00025,152,00025,151,00025,151,00000000
hp & lease commitments700,0001,044,0001,605,0003,131,0000000000000
Accruals and Deferred Income298,000291,0000348,000539,000337,000295,000490,000697,000760,000246,000514,000487,000256,000
other liabilities00000000000000
provisions309,0000917,000689,0002,708,0002,876,0002,141,0004,013,0004,504,0005,052,0006,150,0007,542,0008,776,00011,294,000
total long term liabilities1,307,00013,574,00028,005,00029,320,00028,399,00028,365,00027,588,00029,654,00030,352,0005,812,0006,396,0008,056,0009,263,00011,550,000
total liabilities15,105,00027,349,00045,136,00045,827,00061,661,00057,203,00049,100,00052,641,00065,993,00076,895,00077,762,00080,582,00083,251,00080,662,000
net assets87,118,000120,648,000107,584,00098,514,00086,706,00078,543,00075,941,00068,605,00061,936,00050,425,00042,655,00036,299,00032,706,00029,235,000
total shareholders funds87,118,000120,648,000107,584,00098,514,00086,706,00078,543,00075,941,00068,605,00061,936,00050,425,00042,655,00036,299,00032,706,00029,235,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit15,052,00011,973,0007,737,00011,190,0008,740,0003,260,0007,678,0007,006,00012,417,0008,853,0007,773,0006,058,0005,147,0001,485,000
Depreciation1,306,0001,320,0001,542,0002,219,0001,625,0001,131,0001,137,0001,136,0001,094,0001,077,000848,000672,000639,000536,000
Amortisation000000001,197,0001,199,0001,200,0001,198,0001,199,0001,199,000
Tax-436,000-624,000-555,000-585,000-496,000-507,000-36,000-91,000-158,000-129,000-136,000-168,000-137,00046,000
Stock2,341,0005,970,000-1,733,000-2,509,000779,0002,098,000-342,000-4,567,000491,000-1,223,000-6,465,0004,900,0009,257,0009,350,000
Debtors-46,926,000-10,778,00014,777,000-5,377,00013,432,0008,676,0002,726,000-1,440,000861,00020,518,00022,369,0003,088,0004,030,00042,805,000
Creditors-509,000-3,282,0001,751,000-4,361,000-1,704,0003,950,000115,000-3,312,0001,805,000-2,874,000-875,000-479,0001,247,00013,591,000
Accruals and Deferred Income1,717,000135,000-637,000-5,560,000597,0004,330,0001,172,000-787,000516,0001,627,000382,000-893,000-1,196,0004,305,000
Deferred Taxes & Provisions309,000-917,000228,000-2,019,000-168,000735,000-1,872,000-491,000-548,000-1,098,000-1,392,000-1,234,000-2,518,00011,294,000
Cash flow from operations62,024,00013,413,000-2,978,0008,770,000-5,617,0002,125,0005,810,0009,468,00014,971,000-10,640,000-8,104,000-2,834,000-8,906,000-19,699,000
Investing Activities
capital expenditure-143,000-1,441,000-1,139,000-2,621,000-410,000-412,000-859,000-815,000-2,105,000-1,096,000-714,000-1,871,000-1,042,000-22,698,000
Change in Investments00-63,0000001,0000-9,000000072,000
cash flow from investments-143,000-1,441,000-1,076,000-2,621,000-410,000-412,000-860,000-815,000-2,096,000-1,096,000-714,000-1,871,000-1,042,000-22,770,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-239,000408,000229,000-495,000-3,756,0003,428,000120,000-6,597,000-47,409,0002,407,000-1,864,000-63,0005,473,00051,055,000
Other Short Term Loans -939,000-326,0001,893,00000000000000
Long term loans-12,239,000-13,244,000331,0000001,000025,151,00000000
Hire Purchase and Lease Commitments-344,000-561,000-3,211,0004,816,0000000000000
other long term liabilities00000000000000
share issue-50,000,0000000000-496,000000045,213,000
interest1,854,0001,715,0001,888,0001,203,000-81,000-151,000-306,000-246,000-252,000-614,000-648,000-675,000-711,000-590,000
cash flow from financing-61,907,000-12,008,0001,130,0005,524,000-3,837,0003,277,000-185,000-6,843,000-23,006,0001,793,000-2,512,000-738,0004,762,00095,678,000
cash and cash equivalents
cash-26,000-36,000-1,266,000525,000-375,000650,0001,688,000-355,000-548,000-11,212,000-11,034,000-7,065,000-6,431,00036,707,000
overdraft00-1,275,000-8,215,0009,489,000-4,340,000-3,077,000-2,165,0009,583,000-929,000929,0000-417,000417,000
change in cash-26,000-36,0009,0008,740,000-9,864,0004,990,0004,765,0001,810,000-10,131,000-10,283,000-11,963,000-7,065,000-6,014,00036,290,000

P&L

December 2022

turnover

139.8m

+13%

operating profit

15.1m

+26%

gross margin

17.9%

-0.01%

turnover

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

Balance Sheet

December 2022

net assets

87.1m

-0.28%

total assets

102.2m

-0.31%

cash

1.2m

-0.02%

net assets

Total assets minus all liabilities

vesuvius uk limited company details

company number

00054713

Type

Private limited with Share Capital

industry

23200 - Manufacture of refractory products

incorporation date

November 1897

age

127

accounts

Full Accounts

ultimate parent company

previous names

vesuvius-premier refractories limited (July 2002)

premier refractories limited (October 2000)

See more

incorporated

UK

address

1 midland way, central park, barlborough links, derbyshire, S43 4XA

last accounts submitted

December 2022

vesuvius uk limited 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 3 charges/mortgages relating to vesuvius uk limited. Currently there are 0 open charges and 3 have been satisfied in the past.

charges

vesuvius uk limited Companies House Filings - See Documents

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