avon polymer products limited

avon polymer products limited Company Information

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Company Number

00149360

Industry

Manufacture of other rubber products

 

Shareholders

avon protection plc

Group Structure

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Contact

Registered Address

hq, hampton park west, semington road, melksham, wiltshire, SN12 6NB

avon polymer products limited Estimated Valuation

£62.4m

Pomanda estimates the enterprise value of AVON POLYMER PRODUCTS LIMITED at £62.4m based on a Turnover of £50.8m and 1.23x industry multiple (adjusted for size and gross margin).

avon polymer products limited Estimated Valuation

£71m

Pomanda estimates the enterprise value of AVON POLYMER PRODUCTS LIMITED at £71m based on an EBITDA of £7.6m and a 9.34x industry multiple (adjusted for size and gross margin).

avon polymer products limited Estimated Valuation

£59.7m

Pomanda estimates the enterprise value of AVON POLYMER PRODUCTS LIMITED at £59.7m based on Net Assets of £31.9m and 1.87x industry multiple (adjusted for liquidity).

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Avon Polymer Products Limited Overview

Avon Polymer Products Limited is a live company located in melksham, SN12 6NB with a Companies House number of 00149360. It operates in the manufacture of other rubber products sector, SIC Code 22190. Founded in January 1918, it's largest shareholder is avon protection plc with a 100% stake. Avon Polymer Products Limited is a mature, large sized company, Pomanda has estimated its turnover at £50.8m with high growth in recent years.

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Avon Polymer Products Limited Health Check

Pomanda's financial health check has awarded Avon Polymer Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £50.8m, make it larger than the average company (£13.3m)

£50.8m - Avon Polymer Products Limited

£13.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.8%)

26% - Avon Polymer Products Limited

4.8% - Industry AVG

production

Production

with a gross margin of 36.3%, this company has a lower cost of product (30%)

36.3% - Avon Polymer Products Limited

30% - Industry AVG

profitability

Profitability

an operating margin of 10.1% make it more profitable than the average company (5.1%)

10.1% - Avon Polymer Products Limited

5.1% - Industry AVG

employees

Employees

with 315 employees, this is above the industry average (61)

315 - Avon Polymer Products Limited

61 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£44.8k)

£48.5k - Avon Polymer Products Limited

£44.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £161.3k, this is equally as efficient (£189.1k)

£161.3k - Avon Polymer Products Limited

£189.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is earlier than average (60 days)

41 days - Avon Polymer Products Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (48 days)

29 days - Avon Polymer Products Limited

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 65 days, this is in line with average (80 days)

65 days - Avon Polymer Products Limited

80 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (11 weeks)

28 weeks - Avon Polymer Products Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.8%, this is a higher level of debt than the average (38%)

54.8% - Avon Polymer Products Limited

38% - Industry AVG

AVON POLYMER PRODUCTS LIMITED financials

EXPORTms excel logo

Avon Polymer Products Limited's latest turnover from September 2023 is £50.8 million and the company has net assets of £31.9 million. According to their latest financial statements, Avon Polymer Products Limited has 315 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover50,795,00081,598,00034,506,00025,425,00030,259,38544,981,80642,070,81337,502,78730,418,74932,450,16532,843,27421,575,74219,268,77318,423,77015,358,198
Other Income Or Grants000000000000000
Cost Of Sales32,335,00052,064,00031,154,00017,971,00019,439,31926,017,09622,008,35120,499,46915,638,12319,784,40823,284,26115,663,73414,910,40514,063,60411,501,935
Gross Profit18,460,00029,534,0003,352,0007,454,00010,820,06618,964,71020,062,46217,003,31814,780,62612,665,7579,559,0135,912,0084,358,3684,360,1663,856,263
Admin Expenses13,350,00016,769,0006,763,0006,771,0009,192,0759,031,4346,920,3457,758,1055,806,7555,423,2662,039,161445,586961,397565,4394,998,472
Operating Profit5,110,00012,765,000-3,411,000683,0001,627,9919,933,27613,142,1179,245,2138,973,8717,242,4917,519,8525,466,4223,396,9713,794,727-1,142,209
Interest Payable350,000981,000969,000767,000852,2001,104,074971,154648,627655,967003,4321,04218,14665,246
Interest Receivable29,000000015,122000000000
Pre-Tax Profit4,789,00011,784,000-4,380,000-84,000775,7918,844,32412,170,9638,596,5868,317,9046,674,5574,685,5575,462,4163,395,9293,801,952-620,140
Tax-927,000-1,761,000769,00049,000197,947-1,510,305-1,847,195-1,627,701447,000000000
Profit After Tax3,862,00010,023,000-3,611,000-35,000973,7387,334,01910,323,7686,968,8858,764,9046,674,5574,685,5575,462,4163,395,9293,801,952-620,140
Dividends Paid00028,000,00000005,000,0004,500,0002,000,0003,500,000000
Retained Profit3,862,00010,023,000-4,399,00016,618,000973,7387,334,01910,323,7686,968,8853,764,9042,174,5572,685,5571,962,4163,395,9293,801,952-620,140
Employee Costs15,262,00016,062,00010,734,00011,753,00012,438,04512,286,2619,827,0989,788,2399,124,1818,159,4747,455,1815,983,3085,498,1715,956,0607,239,135
Number Of Employees315322273260246235214227204186171148151153206
EBITDA*7,600,00015,112,000-763,0003,313,0002,725,93211,919,88814,799,12511,044,45510,106,2098,151,4058,851,6246,168,9004,477,0334,881,129-231,208

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets2,471,0003,192,00037,117,00034,965,00023,408,2699,245,44610,865,77610,978,2313,722,5533,390,3262,506,2992,561,7001,818,2562,366,2192,569,922
Intangible Assets2,441,0003,627,0005,547,0005,354,0008,465,1727,053,6105,347,2715,021,9672,477,0041,519,207821,076589,506399,6981,202,3951,512,812
Investments & Other9,578,0003,906,00030,00030,00030,00130,00130,00130,0013,798,00130,001617,55930,0028,082,8078,082,8078,121,056
Debtors (Due After 1 year)0015,933,00014,755,0009,191,2940000000000
Total Fixed Assets14,490,00010,725,00026,731,00025,564,00022,682,14716,299,05616,213,04716,000,1989,997,5584,939,5343,944,9343,181,20810,300,76111,651,42112,203,790
Stock & work in progress5,830,0006,193,0007,153,0004,470,0004,637,0577,578,5105,852,2285,804,8755,794,6662,614,4652,988,4052,193,0431,302,0911,303,5081,778,234
Trade Debtors5,842,0005,203,0004,882,0002,658,0002,415,8444,697,7132,735,5262,331,3463,983,7172,985,2731,807,3283,425,6182,862,1791,890,3362,796,205
Group Debtors40,913,00036,137,00021,160,00031,953,00030,142,65930,675,19025,170,70713,463,5054,250,8985,853,6027,798,3161,649,2841,663,5763,789,8784,481,767
Misc Debtors697,0002,172,0001,395,0003,093,000609,446870,659841,906618,377756,244447,252677,355920,700368,481590,316930,947
Cash2,794,000618,0002,173,0002,259,0007,247,890228,5291,991,967566,116166,086788,603202,157356,66814,14738,864503,212
misc current assets000000000000000
total current assets56,076,00050,323,00036,763,00044,433,00045,052,89644,050,60136,592,33422,784,21914,951,61112,689,19513,473,5618,545,3136,210,4747,612,90210,490,365
total assets70,566,00061,048,00063,494,00069,997,00067,735,04360,349,65752,805,38138,784,41724,949,16917,628,72917,418,49511,726,52116,511,23519,264,32322,694,155
Bank overdraft000000000000126,846467,3170
Bank loan000000000000000
Trade Creditors 2,594,0003,426,0002,565,0002,600,0003,693,9273,678,4514,224,3261,598,006172,018260,2481,758,0461,582,0091,307,8101,114,3082,010,130
Group/Directors Accounts00030,000377,567000162,94382,3820933,26313,392,14519,657,10625,579,424
other short term finances000028,9200000000000
hp & lease commitments30,00029,00028,00030,00000000000000
other current liabilities2,433,0005,658,0001,833,0004,302,0003,264,6037,310,2424,172,3785,130,3542,607,4091,801,2042,250,1111,570,7631,249,390986,4771,086,728
total current liabilities5,057,0009,113,0004,426,0006,962,0007,365,01710,988,6938,396,7046,728,3602,942,3702,143,8344,008,1574,086,03516,076,19122,225,20828,676,282
loans00194,00088,000146,8400000000000
hp & lease commitments33,00063,00097,00044,00000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000050,000150,000250,0000000
provisions687,0000100,794,000125,910,000110,252,72862,291,38088,483,56480,492,746000000780,710
total long term liabilities33,607,0005,799,00050,494,00062,999,00055,199,78431,145,69044,241,78240,246,37316,655,000150,000250,000000780,710
total liabilities38,664,00014,912,00054,920,00069,961,00062,564,80142,134,38352,638,48646,974,73319,597,3702,293,8344,258,1574,086,03516,076,19122,225,20829,456,992
net assets31,902,00046,136,0008,574,00036,0005,170,24218,215,274166,895-8,190,3165,351,79915,334,89513,160,3387,640,486435,044-2,960,885-6,762,837
total shareholders funds31,902,00046,136,0008,574,00036,0005,170,24218,215,274166,895-8,190,3165,351,79915,334,89513,160,3387,640,486435,044-2,960,885-6,762,837
Sep 2023Oct 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit5,110,00012,765,000-3,411,000683,0001,627,9919,933,27613,142,1179,245,2138,973,8717,242,4917,519,8525,466,4223,396,9713,794,727-1,142,209
Depreciation1,490,0001,235,0001,416,0001,085,000334,0311,005,9851,017,738999,242951,659763,4601,184,009636,377592,252612,949632,684
Amortisation1,000,0001,112,0001,232,0001,545,000763,910980,627639,270800,000180,679145,454147,76366,101487,810473,453278,317
Tax-927,000-1,761,000769,00049,000197,947-1,510,305-1,847,195-1,627,701447,000000000
Stock-363,000-960,0002,683,000-167,057-2,941,4531,726,28247,35310,2093,180,201-373,940795,362890,952-1,417-474,7261,778,234
Debtors3,940,000142,000-9,089,00010,099,7576,115,6817,495,42312,334,9117,422,369-295,268-996,8724,287,3971,101,366-1,376,294-1,938,3898,208,919
Creditors-832,000861,000-35,000-1,093,92715,476-545,8752,626,3201,425,988-88,230-1,497,798176,037274,199193,502-895,8222,010,130
Accruals and Deferred Income-3,225,0003,825,000-2,469,0001,037,397-4,045,6393,137,864-957,9762,522,945806,205-448,907679,348321,373262,913-100,2511,086,728
Deferred Taxes & Provisions687,000-100,794,000-25,116,00015,657,27247,961,348-26,192,1847,990,81880,492,74600000-780,710780,710
Cash flow from operations-274,000-81,939,000-21,208,0009,030,04243,680,836-22,412,31710,228,82886,425,8558,386,2517,575,5124,624,2504,772,1546,311,1595,517,461-6,340,793
Investing Activities
capital expenditure-583,00033,498,000-4,993,000-11,075,559-16,672,326-2,072,621-1,869,857-11,599,883-2,422,362-2,491,072-1,507,941-1,635,730270,598-572,282-4,993,735
Change in Investments5,672,0003,876,0000-1000-3,768,0003,768,000-587,558587,557-8,052,8050-38,2498,121,056
cash flow from investments-6,255,00029,622,000-4,993,000-11,075,558-16,672,326-2,072,621-1,869,857-7,831,883-6,190,362-1,903,514-2,095,4986,417,075270,598-534,033-13,114,791
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00-30,000-347,567377,56700-162,94380,56182,382-933,263-12,458,882-6,264,961-5,922,31825,579,424
Other Short Term Loans 000-28,92028,9200000000000
Long term loans0-194,000106,000-58,840146,8400000000000
Hire Purchase and Lease Commitments-29,000-33,00051,00074,00000000000000
other long term liabilities0000000-50,000-100,000-100,000250,0000000
share issue-18,096,00027,539,00012,937,000-21,752,242-14,018,77010,714,360-1,966,557-20,511,000-13,748,00002,834,2955,243,02600-6,142,697
interest-321,000-981,000-969,000-767,000-852,200-1,088,952-971,154-648,627-655,96700-3,432-1,042-18,146-65,246
cash flow from financing-18,446,00026,331,00012,095,000-22,880,569-14,317,6439,625,408-2,937,711-21,372,570-14,423,406-17,6182,151,032-7,219,288-6,266,003-5,940,46419,371,481
cash and cash equivalents
cash2,176,000-1,555,000-86,000-4,988,8907,019,361-1,763,4381,425,851400,030-622,517586,446-154,511342,521-24,717-464,348503,212
overdraft00000000000-126,846-340,471467,3170
change in cash2,176,000-1,555,000-86,000-4,988,8907,019,361-1,763,4381,425,851400,030-622,517586,446-154,511469,367315,754-931,665503,212

avon polymer products limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Avon Polymer Products Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for avon polymer products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SN12 area or any other competitors across 12 key performance metrics.

avon polymer products limited Ownership

AVON POLYMER PRODUCTS LIMITED group structure

Avon Polymer Products Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

AVON POLYMER PRODUCTS LIMITED

00149360

2 subsidiaries

AVON POLYMER PRODUCTS LIMITED Shareholders

avon protection plc 100%

avon polymer products limited directors

Avon Polymer Products Limited currently has 3 directors. The longest serving directors include Mr Richard Cashin (Mar 2022) and Mr Mark Sclater (Jan 2023).

officercountryagestartendrole
Mr Richard Cashin49 years Mar 2022- Director
Mr Mark SclaterUnited Kingdom52 years Jan 2023- Director
Miss Zoe Holland40 years Dec 2024- Director

P&L

September 2023

turnover

50.8m

-38%

operating profit

5.1m

-60%

gross margin

36.4%

+0.41%

turnover

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

Balance Sheet

September 2023

net assets

31.9m

-0.31%

total assets

70.6m

+0.16%

cash

2.8m

+3.52%

net assets

Total assets minus all liabilities

avon polymer products limited company details

company number

00149360

Type

Private limited with Share Capital

industry

22190 - Manufacture of other rubber products

incorporation date

January 1918

age

107

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

September 2023

previous names

avon industrial polymers limited (March 1992)

pundut estates,limited(the) (December 1977)

accountant

-

auditor

-

address

hq, hampton park west, semington road, melksham, wiltshire, SN12 6NB

Bank

HSBC BANK PLC

Legal Advisor

-

avon polymer products 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 8 charges/mortgages relating to avon polymer products limited. Currently there are 0 open charges and 8 have been satisfied in the past.

avon polymer products 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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avon polymer products limited Companies House Filings - See Documents

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