pollard boxes limited

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pollard boxes limited Company Information

Share POLLARD BOXES LIMITED

Company Number

00158917

Directors

Samantha Rice

Luca Meana

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Shareholders

pusterla 1880 uk ltd

Group Structure

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Industry

Manufacture of paper and paperboard containers other than sacks and bags

 

Registered Address

feldspar close, enderby, leicester, leicestershire, LE19 4SD

pollard boxes limited Estimated Valuation

£6.1m

Pomanda estimates the enterprise value of POLLARD BOXES LIMITED at £6.1m based on a Turnover of £21.8m and 0.28x industry multiple (adjusted for size and gross margin).

pollard boxes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of POLLARD BOXES LIMITED at £0 based on an EBITDA of £-5m and a 2.12x industry multiple (adjusted for size and gross margin).

pollard boxes limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of POLLARD BOXES LIMITED at £1.4m based on Net Assets of £856k and 1.64x industry multiple (adjusted for liquidity).

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Pollard Boxes Limited Overview

Pollard Boxes Limited is a live company located in leicester, LE19 4SD with a Companies House number of 00158917. It operates in the manufacture of other paper and paperboard containers sector, SIC Code 17219. Founded in September 1919, it's largest shareholder is pusterla 1880 uk ltd with a 100% stake. Pollard Boxes Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.8m with low growth in recent years.

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Pollard Boxes Limited Health Check

Pomanda's financial health check has awarded Pollard Boxes Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £21.8m, make it in line with the average company (£18.9m)

£21.8m - Pollard Boxes Limited

£18.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.5%)

2% - Pollard Boxes Limited

9.5% - Industry AVG

production

Production

with a gross margin of -5%, this company has a higher cost of product (26.3%)

-5% - Pollard Boxes Limited

26.3% - Industry AVG

profitability

Profitability

an operating margin of -24.2% make it less profitable than the average company (5.2%)

-24.2% - Pollard Boxes Limited

5.2% - Industry AVG

employees

Employees

with 221 employees, this is above the industry average (97)

221 - Pollard Boxes Limited

97 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.7k, the company has an equivalent pay structure (£38.4k)

£31.7k - Pollard Boxes Limited

£38.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.7k, this is less efficient (£187.7k)

£98.7k - Pollard Boxes Limited

£187.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is near the average (61 days)

72 days - Pollard Boxes Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 111 days, this is slower than average (49 days)

111 days - Pollard Boxes Limited

49 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 41 days, this is in line with average (38 days)

41 days - Pollard Boxes Limited

38 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Pollard Boxes Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (57.9%)

93.9% - Pollard Boxes Limited

57.9% - Industry AVG

POLLARD BOXES LIMITED financials

EXPORTms excel logo

Pollard Boxes Limited's latest turnover from December 2023 is £21.8 million and the company has net assets of £856 thousand. According to their latest financial statements, Pollard Boxes Limited has 221 employees and maintains cash reserves of £168 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover21,813,00024,823,00020,001,00020,394,00025,915,00019,861,00018,961,00017,949,00014,390,00014,625,00013,779,00014,836,00014,219,00012,523,00010,428,000
Other Income Or Grants000000000000000
Cost Of Sales22,900,00020,165,00013,572,00014,013,00018,398,00014,539,00012,880,00011,854,0009,208,0009,583,0009,035,0009,349,0009,413,0008,073,0006,578,000
Gross Profit-1,087,0004,658,0006,429,0006,381,0007,517,0005,322,0006,081,0006,095,0005,182,0005,042,0004,744,0005,487,0004,806,0004,450,0003,850,000
Admin Expenses4,190,0006,307,0005,156,0005,189,0006,105,0005,493,0005,215,0005,708,0006,318,0004,622,0003,978,0004,012,0004,272,0004,228,0003,542,000
Operating Profit-5,277,000-1,649,0001,273,0001,192,0001,412,000-171,000866,000387,000-1,136,000420,000766,0001,475,000534,000222,000308,000
Interest Payable216,000118,00058,00075,00071,00063,00040,00094,000395,00040,00037,00047,00051,00055,00038,000
Interest Receivable27,00010,0008,00002,0001,00001,0000000000
Pre-Tax Profit-5,466,000-1,757,0001,223,0001,117,0001,343,000-233,000826,000294,000-1,531,000380,000686,000903,000227,000167,000270,000
Tax351,000495,000-290,000-309,000-108,000412,000-199,000-219,000257,000-126,000-155,000-115,00047,000-41,000-164,000
Profit After Tax-5,115,000-1,262,000933,000808,0001,235,000179,000627,00075,000-1,274,000254,000531,000788,000274,000126,000106,000
Dividends Paid0700,000153,0000435,000477,000409,00000000000
Retained Profit-5,115,000-1,962,000780,000808,000800,000-298,000218,00075,000-1,274,000254,000531,000788,000274,000126,000106,000
Employee Costs7,003,0009,172,0008,131,0008,602,0007,539,0006,924,0006,795,0006,511,0006,691,0004,878,0004,221,0004,073,0004,432,0004,436,0003,629,000
Number Of Employees221329352351301300313269218210206210184151137
EBITDA*-4,955,000-1,282,0001,640,0001,612,0001,795,00065,0001,189,000706,000-814,000747,0001,090,0001,816,000874,000556,000619,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets6,059,0006,638,0003,468,0004,144,0003,953,0003,489,0003,516,0003,623,0003,191,0003,262,0003,289,0002,929,0003,098,0003,342,0003,480,000
Intangible Assets000000000022,00076,000130,000183,000236,000
Investments & Other000000000000000
Debtors (Due After 1 year)797,000797,0000000001,307,0001,290,0001,336,0001,383,0001,429,0001,505,0001,563,000
Total Fixed Assets6,856,0007,435,0003,468,0004,144,0003,953,0003,489,0003,516,0003,623,0004,498,0004,552,0004,647,0004,388,0004,657,0005,030,0005,279,000
Stock & work in progress2,597,0004,809,0003,835,0003,137,0003,299,0002,006,0001,933,0001,664,0001,094,0001,011,000901,000629,000775,000723,000665,000
Trade Debtors4,343,0003,467,0003,733,0002,880,0004,079,0004,601,0003,342,0004,121,0003,004,0003,853,0004,513,0004,494,0003,364,0003,319,0002,280,000
Group Debtors02,613,0002,103,000906,0001,062,0001,157,0001,247,0001,281,0000000000
Misc Debtors89,000163,0001,350,0001,676,000820,0001,114,000713,000537,000556,000608,000536,000565,000334,000506,000104,000
Cash168,000242,0001,170,0001,251,000460,000573,0001,041,0001,853,0002,443,0001,577,000929,000586,000813,0001,370,0001,685,000
misc current assets000000000000000
total current assets7,197,00011,294,00012,191,0009,850,0009,720,0009,451,0008,276,0009,456,0007,097,0007,049,0006,879,0006,274,0005,286,0005,918,0004,734,000
total assets14,053,00018,729,00015,659,00013,994,00013,673,00012,940,00011,792,00013,079,00011,595,00011,601,00011,526,00010,662,0009,943,00010,948,00010,013,000
Bank overdraft000000000000000
Bank loan1,182,0003,013,000814,000115,00080,000116,000141,000127,00061,00061,00061,00061,00061,00061,00061,000
Trade Creditors 6,990,0003,601,0002,828,0001,737,0003,882,0003,355,0002,226,0002,349,0001,634,0001,802,0001,950,0002,383,0001,819,0002,468,0001,687,000
Group/Directors Accounts3,930,0003,025,0000000000000000
other short term finances00000000000050,00088,000152,000
hp & lease commitments130,000162,000180,000194,00096,00093,000111,000245,000198,000198,000286,000136,000224,000236,000269,000
other current liabilities884,0001,242,0002,337,0002,364,0001,815,0002,351,0001,994,0002,450,0001,947,0001,602,0001,393,0001,225,0001,343,0001,628,0001,126,000
total current liabilities13,116,00011,043,0006,159,0004,410,0005,873,0005,915,0004,472,0005,171,0003,840,0003,663,0003,690,0003,805,0003,497,0004,481,0003,295,000
loans01,221,000463,0001,279,000775,000832,000925,0001,031,000158,000219,000280,000341,000402,000513,000668,000
hp & lease commitments81,000211,000373,000553,000213,000219,000137,000236,000291,000489,000620,00097,000236,000340,000568,000
Accruals and Deferred Income0000000662,0001,395,000000000
other liabilities000000000000000
provisions0283,000731,000599,000467,000429,000415,000354,000361,000406,000366,000380,000557,000637,000631,000
total long term liabilities81,0001,715,0001,567,0002,431,0001,455,0001,480,0001,477,0002,283,0002,205,0001,114,0001,266,000818,0001,195,0001,490,0001,867,000
total liabilities13,197,00012,758,0007,726,0006,841,0007,328,0007,395,0005,949,0007,454,0006,045,0004,777,0004,956,0004,623,0004,692,0005,971,0005,162,000
net assets856,0005,971,0007,933,0007,153,0006,345,0005,545,0005,843,0005,625,0005,550,0006,824,0006,570,0006,039,0005,251,0004,977,0004,851,000
total shareholders funds856,0005,971,0007,933,0007,153,0006,345,0005,545,0005,843,0005,625,0005,550,0006,824,0006,570,0006,039,0005,251,0004,977,0004,851,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-5,277,000-1,649,0001,273,0001,192,0001,412,000-171,000866,000387,000-1,136,000420,000766,0001,475,000534,000222,000308,000
Depreciation322,000367,000367,000420,000383,000236,000323,000319,000322,000305,000270,000287,000287,000281,000280,000
Amortisation00000000022,00054,00054,00053,00053,00031,000
Tax351,000495,000-290,000-309,000-108,000412,000-199,000-219,000257,000-126,000-155,000-115,00047,000-41,000-164,000
Stock-2,212,000974,000698,000-162,0001,293,00073,000269,000570,00083,000110,000272,000-146,00052,00058,000665,000
Debtors-1,811,000-146,0001,724,000-499,000-911,0001,570,000-637,0001,072,000-884,000-634,000-57,0001,315,000-203,0001,383,0003,947,000
Creditors3,389,000773,0001,091,000-2,145,000527,0001,129,000-123,000715,000-168,000-148,000-433,000564,000-649,000781,0001,687,000
Accruals and Deferred Income-358,000-1,095,000-27,000549,000-536,000357,000-1,118,000-230,0001,740,000209,000168,000-118,000-285,000502,0001,126,000
Deferred Taxes & Provisions-283,000-448,000132,000132,00038,00014,00061,000-7,000-45,00040,000-14,000-177,000-80,0006,000631,000
Cash flow from operations2,167,000-2,385,000124,000500,0001,334,000334,000178,000-677,0001,771,0001,246,000441,000801,00058,000363,000-713,000
Investing Activities
capital expenditure257,000-3,537,000309,000-611,000-847,000-209,000-216,000-751,000-251,000-278,000-630,000-118,000-43,000-143,000-4,027,000
Change in Investments000000000000000
cash flow from investments257,000-3,537,000309,000-611,000-847,000-209,000-216,000-751,000-251,000-278,000-630,000-118,000-43,000-143,000-4,027,000
Financing Activities
Bank loans-1,831,0002,199,000699,00035,000-36,000-25,00014,00066,00000000061,000
Group/Directors Accounts905,0003,025,0000000000000000
Other Short Term Loans 00000000000-50,000-38,000-64,000152,000
Long term loans-1,221,000758,000-816,000504,000-57,000-93,000-106,000873,000-61,000-61,000-61,000-61,000-111,000-155,000668,000
Hire Purchase and Lease Commitments-162,000-180,000-194,000438,000-3,00064,000-233,000-8,000-198,000-219,000673,000-227,000-116,000-261,000837,000
other long term liabilities000000000000000
share issue000000000000004,745,000
interest-189,000-108,000-50,000-75,000-69,000-62,000-40,000-93,000-395,000-40,000-37,000-47,000-51,000-55,000-38,000
cash flow from financing-2,498,0005,694,000-361,000902,000-165,000-116,000-365,000838,000-654,000-320,000575,000-385,000-316,000-535,0006,425,000
cash and cash equivalents
cash-74,000-928,000-81,000791,000-113,000-468,000-812,000-590,000866,000648,000343,000-227,000-557,000-315,0001,685,000
overdraft000000000000000
change in cash-74,000-928,000-81,000791,000-113,000-468,000-812,000-590,000866,000648,000343,000-227,000-557,000-315,0001,685,000

pollard boxes 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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Pollard Boxes Limited Competitor Analysis

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Perform a competitor analysis for pollard boxes limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in LE19 area or any other competitors across 12 key performance metrics.

pollard boxes limited Ownership

POLLARD BOXES LIMITED group structure

Pollard Boxes Limited has no subsidiary companies.

Ultimate parent company

PUSTERLA 1880 SPA

#0092205

2 parents

POLLARD BOXES LIMITED

00158917

POLLARD BOXES LIMITED Shareholders

pusterla 1880 uk ltd 100%

pollard boxes limited directors

Pollard Boxes Limited currently has 3 directors. The longest serving directors include Mrs Samantha Rice (Mar 2021) and Mr Luca Meana (Mar 2021).

officercountryagestartendrole
Mrs Samantha RiceUnited Kingdom54 years Mar 2021- Director
Mr Luca MeanaUnited Kingdom41 years Mar 2021- Director
Mr Roberto MariniItaly57 years Mar 2021- Director

P&L

December 2023

turnover

21.8m

-12%

operating profit

-5.3m

+220%

gross margin

-4.9%

-126.56%

turnover

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

Balance Sheet

December 2023

net assets

856k

-0.86%

total assets

14.1m

-0.25%

cash

168k

-0.31%

net assets

Total assets minus all liabilities

pollard boxes limited company details

company number

00158917

Type

Private limited with Share Capital

industry

17219 - Manufacture of paper and paperboard containers other than sacks and bags

incorporation date

September 1919

age

106

incorporated

UK

ultimate parent company

PUSTERLA 1880 SPA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

keats & oram, limited (March 1989)

accountant

-

auditor

RICHARD PLACE DOBSON SERVICES LIMITED

address

feldspar close, enderby, leicester, leicestershire, LE19 4SD

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

pollard boxes 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 20 charges/mortgages relating to pollard boxes limited. Currently there are 2 open charges and 18 have been satisfied in the past.

pollard boxes 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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pollard boxes limited Companies House Filings - See Documents

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