british polythene industries limited

british polythene industries limited Company Information

Share BRITISH POLYTHENE INDUSTRIES LIMITED
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Mature

Company Number

00108191

Industry

Manufacture of other plastic products

 

Directors

Andrew Green

Jason Greene

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Shareholders

rpc 2017 holding company limited

Group Structure

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Contact

Registered Address

sapphire house crown way, rushden, northamptonshire, NN10 6FB

british polythene industries limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BRITISH POLYTHENE INDUSTRIES LIMITED at £0 based on a Turnover of £0 and 0.42x industry multiple (adjusted for size and gross margin).

british polythene industries limited Estimated Valuation

£61.8m

Pomanda estimates the enterprise value of BRITISH POLYTHENE INDUSTRIES LIMITED at £61.8m based on an EBITDA of £19.7m and a 3.13x industry multiple (adjusted for size and gross margin).

british polythene industries limited Estimated Valuation

£325.9m

Pomanda estimates the enterprise value of BRITISH POLYTHENE INDUSTRIES LIMITED at £325.9m based on Net Assets of £178.4m and 1.83x industry multiple (adjusted for liquidity).

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British Polythene Industries Limited Overview

British Polythene Industries Limited is a live company located in northamptonshire, NN10 6FB with a Companies House number of 00108191. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in March 1910, it's largest shareholder is rpc 2017 holding company limited with a 100% stake. British Polythene Industries Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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British Polythene Industries Limited Health Check

Pomanda's financial health check has awarded British Polythene Industries Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

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Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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production

Production

There is insufficient data available for this Key Performance Indicator!

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (94)

- - British Polythene Industries Limited

- - Industry AVG

paystructure

Pay Structure

on an average salary of £107.1k, the company has a higher pay structure (£36.4k)

- - British Polythene Industries Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 15.9%, this is a lower level of debt than the average (42.9%)

- - British Polythene Industries Limited

- - Industry AVG

BRITISH POLYTHENE INDUSTRIES LIMITED financials

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British Polythene Industries Limited's latest turnover from September 2023 is 0 and the company has net assets of £178.4 million. According to their latest financial statements, British Polythene Industries Limited has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover00000000499,000,000507,500,000478,700,000507,700,000477,700,000424,700,000
Other Income Or Grants00000000000000
Cost Of Sales00000000355,254,301363,847,059342,882,305362,380,165334,105,6530
Gross Profit00000000143,745,699143,652,941135,817,695145,319,835143,594,3470
Admin Expenses-19,733,333-48,888,889-147,781,1441,000,0007,300,0007,000,0007,200,0002,600,000117,045,699120,652,941118,449,169123,119,835122,894,347-15,900,000
Operating Profit19,733,33348,888,889147,781,144-1,000,000-7,300,000-7,000,000-7,200,000-2,600,00026,700,00023,000,00017,368,52622,200,00020,700,00015,900,000
Interest Payable0000500,0004,600,0001,600,0001,500,00014,200,00013,400,000002,100,00013,900,000
Interest Receivable2,600,0002,100,000400,0000500,000900,0005,600,0001,700,0009,700,0008,900,0000000
Pre-Tax Profit14,900,00039,900,000116,900,000-900,000500,000200,000-7,700,0009,900,00022,200,00018,500,00017,000,00019,200,00016,700,00011,800,000
Tax-100,000-300,000100,0000100,000200,0000500,000-5,800,000-5,500,000-5,200,000-4,400,000-3,100,000-3,700,000
Profit After Tax14,800,00039,600,000117,000,000-900,000600,000400,000-7,700,00010,400,00016,400,00013,000,00011,800,00014,800,00013,600,0008,100,000
Dividends Paid051,500,00003,300,000004,500,0003,300,0004,000,0003,500,0002,300,0002,300,0002,100,0000
Retained Profit14,800,000-11,900,000117,000,000-4,200,000600,000400,000-12,200,0007,100,00011,900,0008,500,0008,500,00011,300,00011,500,0008,100,000
Employee Costs1,500,0001,300,0001,700,0002,100,0001,300,0001,000,0003,400,0003,300,00079,500,00082,600,00078,600,00081,500,00079,100,00082,200,000
Number Of Employees141114149810102,2222,3302,2922,3752,4463
EBITDA*19,733,33348,888,889147,781,144-1,000,000-7,300,000-7,000,000-7,200,000-2,600,00041,400,00036,900,00018,168,52623,100,00034,000,00029,300,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets00000000119,900,000115,700,00021,900,000106,800,000101,500,000103,100,000
Intangible Assets000000003,100,0003,500,00090,600,0001,600,0002,100,0002,400,000
Investments & Other142,200,000147,000,000161,500,000156,200,000156,100,000132,800,000138,000,000137,600,000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets142,200,000147,000,000161,500,000156,200,000156,100,000132,800,000138,000,000137,600,000123,000,000119,200,000112,500,000108,400,000103,600,000105,500,000
Stock & work in progress0000000076,300,00077,300,00072,500,00067,300,00066,900,00061,400,000
Trade Debtors0089,100,000000054,400,00047,100,00049,400,00041,800,00047,200,00052,300,00047,100,000
Group Debtors68,900,00072,000,0000150,800,00054,200,00060,500,00077,500,0000000000
Misc Debtors900,0001,500,0000900,0002,100,0001,500,0002,800,00003,500,0002,900,0003,300,0003,200,0002,700,0002,200,000
Cash00000000500,000800,000100,000300,000300,000500,000
misc current assets0000000000000500,000
total current assets69,800,00073,500,00089,100,000151,700,00056,300,00062,000,00080,300,00054,400,000127,400,000130,400,000117,700,000118,000,000122,200,000111,700,000
total assets212,000,000220,500,000250,600,000307,900,000212,400,000194,800,000218,300,000192,000,000250,400,000249,600,000230,200,000226,400,000225,800,000217,200,000
Bank overdraft0000010,300,00013,500,0002,300,0002,600,0006,500,0006,700,0004,800,0005,500,0004,800,000
Bank loan000500,0000000000000
Trade Creditors 0100,000200,0000200,000100,000100,000200,00064,700,00066,000,00057,800,00054,700,00055,500,00049,500,000
Group/Directors Accounts30,600,00035,600,00052,400,000117,900,00071,300,00065,700,00049,100,00032,700,000000000
other short term finances0000100,000300,000400,000200,00005,800,0001,600,0002,600,0003,100,0002,000,000
hp & lease commitments00000000000000
other current liabilities1,800,0001,900,0003,100,0002,200,0002,400,0003,900,0004,300,0005,000,00018,000,00021,900,00020,300,00019,900,00017,800,00017,200,000
total current liabilities32,400,00037,600,00055,700,000120,600,00074,000,00080,300,00067,400,00040,400,00085,300,000100,200,00086,400,00082,000,00081,900,00073,500,000
loans000108,900,00055,600,00032,200,00068,600,00062,400,00044,400,00037,500,00032,300,00049,200,00076,300,00092,100,000
hp & lease commitments0000000000001,500,0000
Accruals and Deferred Income00000000000003,900,000
other liabilities0000003,200,0000000000
provisions00000002,400,000207,200,000124,600,000139,000,000129,000,000120,000,000116,800,000
total long term liabilities1,200,000500,000300,000109,900,00056,500,00033,600,00071,800,00064,800,000126,000,00081,200,00085,900,00089,800,00098,300,000108,500,000
total liabilities33,600,00038,100,00056,000,000230,500,000130,500,000113,900,000139,200,000105,200,000211,300,000181,400,000172,300,000171,800,000180,200,000182,000,000
net assets178,400,000182,400,000194,600,00077,400,00081,900,00080,900,00079,100,00086,800,00038,700,00048,500,00035,700,00033,600,00045,300,00034,900,000
total shareholders funds178,400,000182,400,000194,600,00077,400,00081,900,00080,900,00079,100,00086,800,00038,700,00048,500,00035,700,00033,600,00045,300,00034,900,000
Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit19,733,33348,888,889147,781,144-1,000,000-7,300,000-7,000,000-7,200,000-2,600,00026,700,00023,000,00017,368,52622,200,00020,700,00015,900,000
Depreciation0000000014,400,00013,500,000200,000200,00012,600,00012,900,000
Amortisation00000000300,000400,000600,000700,000700,000500,000
Tax-100,000-300,000100,0000100,000200,0000500,000-5,800,000-5,500,000-5,200,000-4,400,000-3,100,000-3,700,000
Stock0000000-76,300,000-1,000,0004,800,0005,200,000400,0005,500,00061,400,000
Debtors-3,700,000-15,600,000-62,600,00095,400,000-5,700,000-18,300,00080,300,0003,800,000-1,700,0007,200,000-5,300,000-4,600,0005,700,00049,300,000
Creditors-100,000-100,000200,000-200,000100,0000100,000-64,500,000-1,300,0008,200,0003,100,000-800,0006,000,00049,500,000
Accruals and Deferred Income-100,000-1,200,000900,000-200,000-1,500,000-400,0004,300,000-13,000,000-3,900,0001,600,000400,0002,100,000-3,300,00021,100,000
Deferred Taxes & Provisions0000000-204,800,00082,600,000-14,400,00010,000,0009,000,0003,200,000116,800,000
Cash flow from operations23,133,33362,888,889211,581,144-96,800,000-2,900,00011,100,000-83,100,000-211,900,000115,700,00014,800,00026,568,52633,200,00025,600,000102,300,000
Investing Activities
capital expenditure0000000123,000,000-18,500,000-20,600,000-4,900,000-5,700,000-11,400,000-118,900,000
Change in Investments-4,800,000-14,500,0005,300,000100,00023,300,000-5,200,000138,000,000137,600,000000000
cash flow from investments4,800,00014,500,000-5,300,000-100,000-23,300,0005,200,000-138,000,000-14,600,000-18,500,000-20,600,000-4,900,000-5,700,000-11,400,000-118,900,000
Financing Activities
Bank loans00-500,000500,0000000000000
Group/Directors Accounts-5,000,000-16,800,000-65,500,00046,600,0005,600,00016,600,00049,100,00032,700,000000000
Other Short Term Loans 000-100,000-200,000-100,000400,000200,000-5,800,0004,200,000-1,000,000-500,0001,100,0002,000,000
Long term loans00-108,900,00053,300,00023,400,000-36,400,00068,600,00018,000,0006,900,0005,200,000-16,900,000-27,100,000-15,800,00092,100,000
Hire Purchase and Lease Commitments00000000000-1,500,0001,500,0000
other long term liabilities00000-3,200,0003,200,0000000000
share issue-18,800,000-300,000200,000-300,000400,0001,400,00091,300,00041,000,000-21,700,0004,300,000-6,400,000-23,000,000-1,100,00026,800,000
interest2,600,0002,100,000400,00000-3,700,0004,000,000200,000-4,500,000-4,500,00000-2,100,000-13,900,000
cash flow from financing-21,200,000-15,000,000-174,300,000100,000,00029,200,000-25,400,000216,600,00092,100,000-25,100,0009,200,000-24,300,000-52,100,000-16,400,000107,000,000
cash and cash equivalents
cash0000000-500,000-300,000700,000-200,0000-200,000500,000
overdraft0000-10,300,000-3,200,00013,500,000-300,000-3,900,000-200,0001,900,000-700,000700,0004,800,000
change in cash000010,300,0003,200,000-13,500,000-200,0003,600,000900,000-2,100,000700,000-900,000-4,300,000

british polythene industries 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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British Polythene Industries Limited Competitor Analysis

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Perform a competitor analysis for british polythene industries limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mature companies, companies in NN10 area or any other competitors across 12 key performance metrics.

british polythene industries limited directors

British Polythene Industries Limited currently has 4 directors. The longest serving directors include Dr Andrew Green (Nov 2016) and Mr Jason Greene (Jul 2019).

officercountryagestartendrole
Dr Andrew GreenUnited Kingdom60 years Nov 2016- Director
Mr Jason Greene54 years Jul 2019- Director
Mr Mark MilesEngland53 years Jul 2019- Director
Mr Sander ZwarthofEngland49 years Apr 2024- Director

P&L

September 2023

turnover

0

0%

operating profit

19.7m

0%

gross margin

0%

0%

turnover

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

Balance Sheet

September 2023

net assets

178.4m

-0.02%

total assets

212m

-0.04%

cash

0

0%

net assets

Total assets minus all liabilities

british polythene industries limited company details

company number

00108191

Type

Private limited with Share Capital

industry

22290 - Manufacture of other plastic products

incorporation date

March 1910

age

115

incorporated

UK

ultimate parent company

BERRY GLOBAL GROUP INC

accounts

Full Accounts

last accounts submitted

September 2023

previous names

british polythene industries plc (September 2016)

scott & robertson p.l.c. (July 1990)

accountant

-

auditor

RSM UK AUDIT LLP

address

sapphire house crown way, rushden, northamptonshire, NN10 6FB

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

british polythene industries 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 1 charges/mortgages relating to british polythene industries limited. Currently there are 0 open charges and 1 have been satisfied in the past.

british polythene industries limited 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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british polythene industries limited Companies House Filings - See Documents

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