grainger plc

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grainger plc Company Information

Share GRAINGER PLC

Company Number

00125575

Directors

Helen Gordon

Justin Read

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Shareholders

irg

grainger plc

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Group Structure

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Industry

Activities of head offices

 

Registered Address

citygate, st james boulevard, newcastle upon tyne, NE1 4JE

grainger plc Estimated Valuation

£271.9m

Pomanda estimates the enterprise value of GRAINGER PLC at £271.9m based on a Turnover of £154.8m and 1.76x industry multiple (adjusted for size and gross margin).

grainger plc Estimated Valuation

£1.7b

Pomanda estimates the enterprise value of GRAINGER PLC at £1.7b based on an EBITDA of £120.6m and a 13.89x industry multiple (adjusted for size and gross margin).

grainger plc Estimated Valuation

£4b

Pomanda estimates the enterprise value of GRAINGER PLC at £4b based on Net Assets of £1.9b and 2.11x industry multiple (adjusted for liquidity).

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Grainger Plc Overview

Grainger Plc is a live company located in newcastle upon tyne, NE1 4JE with a Companies House number of 00125575. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 1912, it's largest shareholder is irg with a 99.8% stake. Grainger Plc is a mature, mega sized company, Pomanda has estimated its turnover at £154.8m with high growth in recent years.

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Grainger Plc Health Check

Pomanda's financial health check has awarded Grainger Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs

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Health Rating5out of 5
positive_score

9 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £154.8m, make it larger than the average company (£21.4m)

£154.8m - Grainger Plc

£21.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.8%)

17% - Grainger Plc

9.8% - Industry AVG

production

Production

with a gross margin of 71.1%, this company has a lower cost of product (33.6%)

71.1% - Grainger Plc

33.6% - Industry AVG

profitability

Profitability

an operating margin of 76.9% make it more profitable than the average company (6%)

76.9% - Grainger Plc

6% - Industry AVG

employees

Employees

with 366 employees, this is above the industry average (115)

366 - Grainger Plc

115 - Industry AVG

paystructure

Pay Structure

on an average salary of £87.7k, the company has a higher pay structure (£50.7k)

£87.7k - Grainger Plc

£50.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £423k, this is more efficient (£204.3k)

£423k - Grainger Plc

£204.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (44 days)

7 days - Grainger Plc

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 155 days, this is slower than average (41 days)

155 days - Grainger Plc

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2707 days, this is more than average (46 days)

2707 days - Grainger Plc

46 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (16 weeks)

38 weeks - Grainger Plc

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.4%, this is a similar level of debt than the average (54.4%)

49.4% - Grainger Plc

54.4% - Industry AVG

GRAINGER PLC financials

EXPORTms excel logo

Grainger Plc's latest turnover from September 2024 is £154.8 million and the company has net assets of £1.9 billion. According to their latest financial statements, Grainger Plc has 366 employees and maintains cash reserves of £93.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover154,800,000133,700,000121,400,00097,400,00099,300,000222,800,000270,700,000264,700,000219,900,000193,100,000319,100,00077,000,000311,400,000296,200,000244,500,000302,200,000
Other Income Or Grants
Cost Of Sales44,700,00037,200,00035,100,00026,800,00025,700,000150,762,568183,030,337179,548,190148,841,560132,825,630223,492,12728,500,000217,520,594206,785,875169,248,366
Gross Profit110,100,00096,500,00086,300,00070,600,00073,600,00072,037,43287,669,66385,151,81071,058,44060,274,37095,607,87348,500,00093,879,40689,414,12575,251,634
Admin Expenses-9,000,000-31,900,000-35,900,000-43,200,000-33,100,000-32,862,568-35,330,337-19,448,190-24,541,560-16,625,630-10,492,127-55,100,000-30,120,594-38,085,875-10,448,366-35,100,000
Operating Profit119,100,000128,400,000122,200,000113,800,000106,700,000104,900,000123,000,000104,600,00095,600,00076,900,000106,100,000103,600,000124,000,000127,500,00085,700,00035,100,000
Interest Payable41,800,00034,000,00034,600,00035,400,00034,900,00032,800,00035,200,00032,500,00039,200,00054,200,00066,200,00073,100,00095,300,00083,400,00080,300,000106,700,000
Interest Receivable3,000,0002,200,0001,300,000200,000400,000300,00010,100,0005,500,0002,500,0001,800,0002,900,00017,300,0002,100,0002,700,0005,000,0005,200,000
Pre-Tax Profit40,600,00027,400,000298,600,000152,100,00099,100,000131,300,000100,700,00086,300,00084,200,00051,400,00081,100,00064,300,000-1,700,00026,100,000-20,800,000-170,000,000
Tax-9,400,000-1,800,000-69,200,000-42,600,000-16,300,000-16,400,000-13,300,000-12,800,000-9,700,000-7,400,000-6,400,000-10,700,0002,100,00013,000,00010,000,00048,000,000
Profit After Tax31,200,00025,600,000229,400,000109,500,00082,800,000114,900,00087,400,00073,500,00074,500,00044,000,00074,700,00053,600,000400,00039,100,000-10,800,000-122,000,000
Dividends Paid51,000,00045,700,00036,800,00033,500,00025,200,00020,800,00019,300,00014,700,0008,500,0008,000,0004,900,0007,400,0005,300,000
Retained Profit-19,800,000-20,100,000229,400,00072,700,00049,300,00089,700,00066,600,00053,000,00059,800,00042,700,00066,200,00045,600,000400,00034,200,000-18,200,000-127,300,000
Employee Costs32,100,00029,600,00026,400,00022,200,00020,500,00019,200,00017,600,00018,800,00021,100,00019,800,00020,500,00020,100,00017,500,00018,200,00017,000,00017,500,000
Number Of Employees366357328294275255230215246243270267284274254274
EBITDA*120,600,000129,500,000123,100,000115,000,000107,900,000106,100,000123,900,000105,500,00096,500,00077,800,000107,000,000108,500,000124,400,000128,100,00087,900,00038,800,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets3,168,700,0003,128,800,0002,916,600,0002,311,600,0001,914,000,0001,690,200,000822,100,000685,100,000548,100,000644,300,000618,800,000617,000,000730,600,0001,024,600,000859,500,000870,500,000
Intangible Assets1,800,0001,000,000500,000500,000800,00011,200,0004,700,0002,400,0002,100,0002,700,0002,200,0001,400,0005,300,0005,300,0006,200,0005,900,000
Investments & Other3,145,500,0003,106,900,0002,900,200,0002,295,800,0001,894,200,0001,684,300,000817,500,000674,700,000538,400,000630,700,000604,500,000596,300,000685,300,000980,700,000858,200,000868,600,000
Debtors (Due After 1 year)12,600,00013,300,00011,000,0007,200,0008,900,0005,600,000
Total Fixed Assets3,170,500,0003,129,800,0002,915,900,0002,304,900,0001,905,900,0001,701,400,000826,800,000687,500,000550,200,000647,000,000621,000,000618,400,000735,900,0001,029,900,000865,700,000876,400,000
Stock & work in progress331,600,000392,200,000453,800,000595,200,000657,400,000700,000,000799,300,000841,300,000904,300,0001,152,200,0001,020,200,000949,600,0001,023,400,0001,105,100,000989,900,0001,015,600,000
Trade Debtors3,300,0001,500,0003,200,0006,000,0005,700,00020,300,00088,300,00053,100,00021,400,00060,200,00030,000,00035,600,0009,400,0006,800,0007,900,000
Group Debtors1,900,000
Misc Debtors87,600,00032,500,00035,400,00032,500,00025,600,00020,200,000150,400,00057,600,00010,900,00010,200,00014,700,00013,100,0008,900,00010,400,00012,100,000
Cash93,200,000121,000,00095,900,000317,600,000369,100,000189,300,000109,300,00088,900,00090,700,00088,800,00074,400,00090,300,00073,300,00090,900,00091,500,00028,200,000
misc current assets51,300,00045,300,00056,500,0004,400,0003,400,0003,700,0002,000,0004,100,0009,900,000222,100,000200,00070,700,0008,900,000
total current assets572,200,000592,500,000663,200,000967,300,0001,064,200,000929,800,0001,063,400,0001,079,500,0001,062,700,0001,274,600,0001,173,600,0001,092,900,0001,354,400,0001,214,500,0001,169,300,0001,072,700,000
total assets3,742,700,0003,722,300,0003,579,100,0003,272,200,0002,970,100,0002,631,200,0001,890,200,0001,767,000,0001,612,900,0001,921,600,0001,794,600,0001,711,300,0002,090,300,0002,244,400,0002,035,000,0001,949,100,000
Bank overdraft133,300,00027,300,000116,300,000
Bank loan1,100,00033,500,00012,600,00049,800,00011,900,000
Trade Creditors 19,000,00015,900,00022,800,00016,300,00016,400,00017,500,00020,600,00014,600,00016,000,00012,000,00012,000,00010,400,00088,400,00012,700,00010,900,0007,300,000
Group/Directors Accounts5,200,000129,700,000
other short term finances40,000,0004,500,00020,600,000117,300,0003,400,0001,100,000112,100,00035,500,000300,00024,600,000400,000134,100,000107,500,000
hp & lease commitments700,000200,000800,000700,000900,000
other current liabilities107,600,000113,800,00090,900,00093,000,00056,300,00060,500,00058,200,00047,300,00028,100,00048,600,00097,800,000156,200,000169,800,000242,800,000108,300,000105,200,000
total current liabilities127,300,000129,900,000154,500,000114,500,00094,200,000195,300,00083,300,00063,000,000156,200,000229,400,000143,600,000209,000,000415,200,000372,200,000303,100,000231,900,000
loans3,198,400,0003,080,800,0002,639,600,0002,696,200,0002,786,400,0002,353,600,0001,920,200,0001,849,200,0001,192,400,0002,186,200,0002,170,000,0002,013,200,0002,480,200,0002,713,700,0002,723,400,0003,114,000,000
hp & lease commitments6,300,0006,900,0002,200,000600,0001,300,000
Accruals and Deferred Income
other liabilities5,200,0004,000,0004,000,0004,000,000
provisions245,000,000246,800,000276,000,000141,200,00079,400,00071,200,00062,400,00068,200,00063,200,00068,400,00056,600,00060,400,00088,200,000105,600,00042,000,00055,600,000
total long term liabilities1,721,700,0001,663,800,0001,457,800,0001,418,700,0001,432,900,0001,212,400,000991,300,000958,700,000781,500,0001,127,300,0001,113,300,0001,036,800,0001,284,200,0001,484,800,0001,386,700,0001,588,800,000
total liabilities1,849,000,0001,793,700,0001,612,300,0001,533,200,0001,527,100,0001,407,700,0001,074,600,0001,021,700,000937,700,0001,356,700,0001,256,900,0001,245,800,0001,699,400,0001,857,000,0001,689,800,0001,820,700,000
net assets1,893,700,0001,928,600,0001,966,800,0001,739,000,0001,443,000,0001,223,500,000815,600,000745,300,000675,100,000564,800,000537,600,000465,400,000390,800,000387,300,000345,200,000128,400,000
total shareholders funds1,893,700,0001,928,600,0001,966,800,0001,739,000,0001,443,000,0001,223,500,000815,600,000745,300,000675,100,000564,800,000537,600,000465,400,000390,800,000387,300,000345,200,000128,400,000
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit119,100,000128,400,000122,200,000113,800,000106,700,000104,900,000123,000,000104,600,00095,600,00076,900,000106,100,000103,600,000124,000,000127,500,00085,700,00035,100,000
Depreciation1,500,0001,100,000900,000900,000800,000400,000500,000600,000600,000300,000200,000400,000600,000700,000800,000
Amortisation300,000400,0001,200,000500,000400,000300,000300,000600,0004,700,0001,500,0002,900,000
Tax-9,400,000-1,800,000-69,200,000-42,600,000-16,300,000-16,400,000-13,300,000-12,800,000-9,700,000-7,400,000-6,400,000-10,700,0002,100,00013,000,00010,000,00048,000,000
Stock-60,600,000-61,600,000-141,400,000-62,200,000-42,600,000-99,300,000-42,000,000-63,000,000-247,900,000132,000,00070,600,000-73,800,000-81,700,000115,200,000-25,700,0001,015,600,000
Debtors56,200,000-4,200,0005,800,0005,500,000-5,900,000-104,300,0004,500,00081,900,00032,400,000-43,300,00031,800,0007,500,00017,300,0001,100,000-2,800,00020,000,000
Creditors3,100,000-6,900,0006,500,000-100,000-1,100,000-3,100,0006,000,000-1,400,0004,000,0001,600,000-78,000,00075,700,0001,800,0003,600,0007,300,000
Accruals and Deferred Income-6,200,00022,900,000-2,100,00036,700,000-4,200,0002,300,00010,900,00019,200,000-20,500,000-49,200,000-58,400,000-13,600,000-73,000,000134,500,0003,100,000105,200,000
Deferred Taxes & Provisions-1,800,000-29,200,000134,800,00061,800,0008,200,0008,800,000-5,800,0005,000,000-5,200,00011,800,000-3,800,000-27,800,000-17,400,00063,600,000-13,600,00055,600,000
Cash flow from operations110,700,000180,300,000328,700,000227,500,000143,000,000301,300,000159,200,00096,600,000280,600,000-55,700,000-62,400,00044,700,000176,200,000224,700,000119,500,000-780,700,000
Investing Activities
capital expenditure-42,200,000-213,800,000-605,900,000-398,500,000-214,600,000-875,800,000-140,200,000-138,200,00095,900,000-26,900,000-3,500,000112,600,000293,600,000-164,800,0008,500,000-880,100,000
Change in Investments38,600,000206,700,000604,400,000401,600,000209,900,000866,800,000142,800,000136,300,000-92,300,00026,200,0008,200,000-89,000,000-295,400,000122,500,000-10,400,000868,600,000
cash flow from investments-80,800,000-420,500,000-1,210,300,000-800,100,000-424,500,000-1,742,600,000-283,000,000-274,500,000188,200,000-53,100,000-11,700,000201,600,000589,000,000-287,300,00018,900,000-1,748,700,000
Financing Activities
Bank loans-1,100,0001,100,000-33,500,00020,900,00012,600,000-49,800,00037,900,00011,900,000
Group/Directors Accounts-5,200,000-124,500,000129,700,000
Other Short Term Loans -40,000,00035,500,000-16,100,000-96,700,000113,900,0002,300,000-111,000,00076,600,00035,200,000-24,300,00024,600,000-400,000-133,700,00026,600,000107,500,000
Long term loans117,600,000441,200,000-56,600,000-90,200,000432,800,000433,400,00071,000,000656,800,000-993,800,00016,200,000156,800,000-467,000,000-233,500,000-9,700,000-390,600,0003,114,000,000
Hire Purchase and Lease Commitments-100,0004,100,0001,700,000-900,0002,200,000
other long term liabilities-5,200,0005,200,000-4,000,0004,000,000
share issue-15,100,000-18,100,000-1,600,000223,300,000170,200,000318,200,0003,700,00017,200,00050,500,000-15,500,0006,000,00029,000,0003,100,0007,900,000235,000,000255,700,000
interest-38,800,000-31,800,000-33,300,000-35,200,000-34,500,000-32,500,000-25,100,000-27,000,000-36,700,000-52,400,000-63,300,000-55,800,000-93,200,000-80,700,000-75,300,000-101,500,000
cash flow from financing63,600,000355,400,000-54,300,00080,900,000474,000,000831,900,00053,000,000530,800,000-898,200,000-50,000,00090,900,000-581,100,000-198,300,000-266,000,000-166,400,0003,391,600,000
cash and cash equivalents
cash-27,800,00025,100,000-221,700,000-51,500,000179,800,00080,000,00020,400,000-1,800,0001,900,00014,400,000-15,900,00017,000,000-17,600,000-600,00063,300,00028,200,000
overdraft-133,300,000133,300,000-27,300,000-89,000,000116,300,000
change in cash-27,800,00025,100,000-221,700,000-51,500,000179,800,00080,000,00020,400,000-1,800,000135,200,000-118,900,000-15,900,00044,300,00071,400,000-116,900,00063,300,00028,200,000

grainger plc 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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Grainger Plc Competitor Analysis

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Perform a competitor analysis for grainger plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in NE1 area or any other competitors across 12 key performance metrics.

grainger plc directors

Grainger Plc currently has 7 directors. The longest serving directors include Ms Helen Gordon (Nov 2015) and Mr Justin Read (Feb 2017).

officercountryagestartendrole
Ms Helen GordonEngland65 years Nov 2015- Director
Mr Justin Read63 years Feb 2017- Director
Mr Mark Clare67 years Feb 2017- Director
Mrs Janette Bell60 years Feb 2019- Director
Mr Robert HudsonUnited Kingdom51 years Aug 2021- Director
Ms Carol Hui68 years Oct 2021- Director
Mr Michael Brodtman64 years Jan 2023- Director

P&L

September 2024

turnover

154.8m

+16%

operating profit

119.1m

-7%

gross margin

71.2%

-1.46%

turnover

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

Balance Sheet

September 2024

net assets

1.9b

-0.02%

total assets

3.7b

+0.01%

cash

93.2m

-0.23%

net assets

Total assets minus all liabilities

grainger plc company details

company number

00125575

Type

Public limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

November 1912

age

113

incorporated

UK

ultimate parent company

IRG

accounts

Group

last accounts submitted

September 2024

previous names

grainger trust plc (March 2007)

accountant

-

auditor

KPMG LLP

address

citygate, st james boulevard, newcastle upon tyne, NE1 4JE

Bank

BARCLAYS BANK PLC

Legal Advisor

FRESHFIELDS

grainger 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 47 charges/mortgages relating to grainger plc. Currently there are 15 open charges and 32 have been satisfied in the past.

grainger 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 GRAINGER PLC. This can take several minutes, an email will notify you when this has completed.

grainger plc Companies House Filings - See Documents

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