interfloor limited

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interfloor limited Company Information

Share INTERFLOOR LIMITED

Company Number

00162988

Shareholders

interfloor operations limited

Group Structure

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Industry

Other manufacturing n.e.c.

 

Registered Address

broadway, haslingden, rossendale, lancashire, BB4 4LS

interfloor limited Estimated Valuation

£110.5m

Pomanda estimates the enterprise value of INTERFLOOR LIMITED at £110.5m based on a Turnover of £74.9m and 1.48x industry multiple (adjusted for size and gross margin).

interfloor limited Estimated Valuation

£89.5m

Pomanda estimates the enterprise value of INTERFLOOR LIMITED at £89.5m based on an EBITDA of £9m and a 9.97x industry multiple (adjusted for size and gross margin).

interfloor limited Estimated Valuation

£164.7m

Pomanda estimates the enterprise value of INTERFLOOR LIMITED at £164.7m based on Net Assets of £73.5m and 2.24x industry multiple (adjusted for liquidity).

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Interfloor Limited Overview

Interfloor Limited is a live company located in rossendale, BB4 4LS with a Companies House number of 00162988. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in January 1920, it's largest shareholder is interfloor operations limited with a 100% stake. Interfloor Limited is a mature, large sized company, Pomanda has estimated its turnover at £74.9m with healthy growth in recent years.

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Interfloor Limited Health Check

Pomanda's financial health check has awarded Interfloor Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £74.9m, make it larger than the average company (£13.7m)

£74.9m - Interfloor Limited

£13.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.6%)

5% - Interfloor Limited

8.6% - Industry AVG

production

Production

with a gross margin of 28.4%, this company has a comparable cost of product (30.5%)

28.4% - Interfloor Limited

30.5% - Industry AVG

profitability

Profitability

an operating margin of 7.6% make it as profitable than the average company (6.5%)

7.6% - Interfloor Limited

6.5% - Industry AVG

employees

Employees

with 326 employees, this is above the industry average (71)

326 - Interfloor Limited

71 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£42.2k)

£41.3k - Interfloor Limited

£42.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £229.6k, this is more efficient (£175.3k)

£229.6k - Interfloor Limited

£175.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (53 days)

24 days - Interfloor Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (42 days)

51 days - Interfloor Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 55 days, this is in line with average (66 days)

55 days - Interfloor Limited

66 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (14 weeks)

8 weeks - Interfloor Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (46.4%)

22% - Interfloor Limited

46.4% - Industry AVG

INTERFLOOR LIMITED financials

EXPORTms excel logo

Interfloor Limited's latest turnover from March 2024 is £74.9 million and the company has net assets of £73.5 million. According to their latest financial statements, Interfloor Limited has 326 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Apr 2023Apr 2022Apr 2021Mar 2020Mar 2019Mar 2018Apr 2017Apr 2016May 2015May 2014Jun 2013Jun 2012Jun 2011May 2010
Turnover74,864,00081,623,00082,141,00064,249,00069,609,00074,577,00078,100,00074,838,00060,560,00071,088,00068,847,00068,385,00071,777,00072,867,00070,713,000
Other Income Or Grants000000000000000
Cost Of Sales53,600,00061,991,00059,399,00043,306,00046,473,00052,026,00051,594,00047,716,00039,543,00048,529,00049,887,00050,774,00053,650,00053,989,00051,115,000
Gross Profit21,264,00019,632,00022,742,00020,943,00023,136,00022,551,00026,506,00027,122,00021,017,00022,559,00018,960,00017,611,00018,127,00018,878,00019,598,000
Admin Expenses15,614,00015,644,00015,899,00011,497,00014,200,00015,926,00015,832,00014,653,00012,743,00014,334,00014,614,00017,386,00014,976,00016,100,00015,918,000
Operating Profit5,650,0003,988,0006,843,0009,446,0008,936,0006,625,00010,674,00012,469,0008,274,0008,225,0004,346,000225,0003,151,0002,778,0003,680,000
Interest Payable410,000204,000197,000244,00090,000232,000532,000476,00051,000132,0001,001,000923,0001,141,00079,00079,000
Interest Receivable001,00037,000001,0002,000432,00063,0001,200,000980,0001,241,00022,00033,000
Pre-Tax Profit5,240,0003,784,0006,647,0009,239,0008,846,0006,653,00010,143,00011,995,0008,655,0008,156,0004,535,000287,0003,264,0002,662,0003,309,000
Tax371,000-225,000-704,00079,000-1,694,000-1,518,000-1,859,000-2,252,000-1,813,000-1,653,000161,000-497,000-1,112,000-1,115,000-888,000
Profit After Tax5,611,0003,559,0005,943,0009,318,0007,152,0005,135,0008,284,0009,743,0006,842,0006,503,0004,696,000-210,0002,152,0001,547,0002,421,000
Dividends Paid000000009,500,00011,145,00007,500,000000
Retained Profit5,611,0003,559,0005,943,0009,318,0007,152,0005,135,0008,284,0009,743,000-2,658,000-4,642,0004,696,000-7,710,0002,152,0001,547,0002,421,000
Employee Costs13,449,00013,342,00013,315,00010,779,00010,423,00011,018,00011,055,00010,890,0008,965,0009,719,0008,681,0009,901,00010,989,00011,909,00012,776,000
Number Of Employees326330337319275307309319302290280335353390418
EBITDA*8,973,0006,599,0009,648,00012,126,00010,898,0008,363,00012,391,00013,954,0009,557,0009,557,0006,131,0001,973,0004,850,0004,515,0005,686,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Apr 2023Apr 2022Apr 2021Mar 2020Mar 2019Mar 2018Apr 2017Apr 2016May 2015May 2014Jun 2013Jun 2012Jun 2011May 2010
Tangible Assets12,046,00011,276,00010,495,00010,827,00011,529,0009,133,0008,857,0008,571,0008,229,0008,491,0008,985,00010,108,00010,078,00010,301,00011,656,000
Intangible Assets4,170,0004,170,0004,170,0004,170,0004,170,0004,170,0004,170,0004,170,0004,170,0004,170,0004,170,0004,580,0004,991,0005,402,0005,813,000
Investments & Other8,0008,0008,0008,0008,0008,0008,0008,0008,0008,0003,347,0003,347,0003,347,0003,347,0003,347,000
Debtors (Due After 1 year)418,000399,000953,0001,177,0001,511,0001,618,0002,106,0002,504,0001,037,0001,007,00000000
Total Fixed Assets16,642,00015,853,00015,626,00016,182,00017,218,00014,929,00015,141,00015,253,00013,444,00013,676,00016,502,00018,035,00018,416,00019,050,00020,816,000
Stock & work in progress8,148,0008,905,0009,685,0007,285,0006,634,0009,014,0007,065,0006,548,0005,637,0005,049,0004,021,0004,673,0004,865,0005,511,0006,992,000
Trade Debtors5,044,0005,036,0006,446,0004,702,0005,086,0006,326,0008,501,0009,473,0008,736,0007,947,0008,594,0008,261,0009,133,0008,576,0008,984,000
Group Debtors60,610,00052,383,00050,519,00042,076,00029,579,00018,899,00012,950,0006,087,00024,047,00016,390,00012,305,0007,731,00012,299,0008,229,0003,610,000
Misc Debtors1,138,000827,000664,000470,000197,0001,168,000689,000841,0001,067,000683,0001,975,000815,000844,000815,000719,000
Cash2,648,0006,757,0005,116,0006,307,00011,146,00010,040,00012,415,00012,198,0006,666,0005,396,0002,384,0002,257,0004,131,0006,950,0006,813,000
misc current assets000000000000000
total current assets77,588,00073,908,00072,430,00060,840,00052,642,00045,447,00041,620,00035,147,00046,153,00035,465,00029,279,00023,737,00031,272,00030,081,00027,118,000
total assets94,230,00089,761,00088,056,00077,022,00069,860,00060,376,00056,761,00050,400,00059,597,00049,141,00045,781,00041,772,00049,688,00049,131,00047,934,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 7,575,0009,872,00012,203,0007,472,0008,335,0009,592,00010,983,00011,831,00010,900,0008,008,0008,938,0008,877,0008,747,0009,776,0009,473,000
Group/Directors Accounts8,0008,0008,00010,0009,000221,000325,0008,00021,734,00011,625,0003,822,0004,301,0003,802,0003,802,0003,809,000
other short term finances000000261,0003,000059,00000000
hp & lease commitments3,562,000929,000775,0001,185,0001,186,00000009,00072,000369,000383,000371,000348,000
other current liabilities4,599,0004,971,0005,352,0004,887,0005,251,0004,050,0004,031,0005,314,0004,805,0004,505,0003,018,0002,303,0002,903,0002,845,0002,709,000
total current liabilities15,744,00015,780,00018,338,00013,554,00014,781,00013,863,00015,600,00017,156,00037,439,00024,206,00015,850,00015,850,00015,835,00016,794,00016,339,000
loans000000000000000
hp & lease commitments927,0002,148,0001,036,000694,0001,652,000000009,00062,000431,000814,0001,165,000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions4,047,0003,432,0004,870,0006,451,0006,345,0007,837,0009,147,00011,086,0003,345,0001,891,000480,000576,0000147,000643,000
total long term liabilities4,974,0005,580,0005,906,0007,145,0007,997,0007,837,0009,147,00011,086,0003,345,0001,891,0001,483,0001,481,0002,211,0001,739,0004,119,000
total liabilities20,718,00021,360,00024,244,00020,699,00022,778,00021,700,00024,747,00028,242,00040,784,00026,097,00017,333,00017,331,00018,046,00018,533,00020,458,000
net assets73,512,00068,401,00063,812,00056,323,00047,082,00038,676,00032,014,00022,158,00018,813,00023,044,00028,448,00024,441,00031,642,00030,598,00027,476,000
total shareholders funds73,512,00068,401,00063,812,00056,323,00047,082,00038,676,00032,014,00022,158,00018,813,00023,044,00028,448,00024,441,00031,642,00030,598,00027,476,000
Mar 2024Apr 2023Apr 2022Apr 2021Mar 2020Mar 2019Mar 2018Apr 2017Apr 2016May 2015May 2014Jun 2013Jun 2012Jun 2011May 2010
Operating Activities
Operating Profit5,650,0003,988,0006,843,0009,446,0008,936,0006,625,00010,674,00012,469,0008,274,0008,225,0004,346,000225,0003,151,0002,778,0003,680,000
Depreciation3,323,0002,611,0002,805,0002,680,0001,962,0001,738,0001,717,0001,485,0001,283,0001,332,0001,375,0001,337,0001,288,0001,326,0001,596,000
Amortisation0000000000410,000411,000411,000411,000410,000
Tax371,000-225,000-704,00079,000-1,694,000-1,518,000-1,859,000-2,252,000-1,813,000-1,653,000161,000-497,000-1,112,000-1,115,000-888,000
Stock-757,000-780,0002,400,000651,000-2,380,0001,949,000517,000911,000588,0001,028,000-652,000-192,000-646,000-1,481,0006,992,000
Debtors8,565,00063,00010,157,00012,052,0008,362,0003,765,0005,341,000-15,982,0008,860,0003,153,0006,067,000-5,469,0004,656,0004,307,00013,313,000
Creditors-2,297,000-2,331,0004,731,000-863,000-1,257,000-1,391,000-848,000931,0002,892,000-930,00061,000130,000-1,029,000303,0009,473,000
Accruals and Deferred Income-372,000-381,000465,000-364,0001,201,00019,000-1,283,000509,000300,0001,487,000715,000-600,00058,000136,0002,709,000
Deferred Taxes & Provisions615,000-1,438,000-1,581,000106,000-1,492,000-1,310,000-1,939,0007,741,0001,454,0001,411,000-96,000576,000-147,000-496,000643,000
Cash flow from operations-518,0002,941,0002,000-1,619,0001,674,000-1,551,000604,00035,954,0002,942,0005,691,0001,557,0007,243,000-1,390,000517,000-2,682,000
Investing Activities
capital expenditure-4,093,000-3,392,000-2,473,000-1,978,000-4,358,000-2,014,000-2,003,000-1,827,000-1,021,000-838,000-252,000-1,367,000-1,065,00029,000-19,475,000
Change in Investments000000000-3,339,00000003,347,000
cash flow from investments-4,093,000-3,392,000-2,473,000-1,978,000-4,358,000-2,014,000-2,003,000-1,827,000-1,021,0002,501,000-252,000-1,367,000-1,065,00029,000-22,822,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00-2,0001,000-212,000-104,000317,000-21,726,00010,109,0007,803,000-479,000499,0000-7,0003,809,000
Other Short Term Loans 00000-261,000258,0003,000-59,00059,00000000
Long term loans000000000000000
Hire Purchase and Lease Commitments1,412,0001,266,000-68,000-959,0002,838,000000-9,000-72,000-350,000-383,000-371,000-328,0001,513,000
other long term liabilities000000000000000
share issue-500,0001,030,0001,546,000-77,0001,254,0001,527,0001,572,000-6,398,000-1,573,000-762,000-689,000509,000-1,108,0001,575,00025,055,000
interest-410,000-204,000-196,000-207,000-90,000-232,000-531,000-474,000381,000-69,000199,00057,000100,000-57,000-46,000
cash flow from financing502,0002,092,0001,280,000-1,242,0003,790,000930,0001,616,000-28,595,0008,849,0006,959,000-1,319,000682,000-1,379,0001,183,00030,331,000
cash and cash equivalents
cash-4,109,0001,641,000-1,191,000-4,839,0001,106,000-2,375,000217,0005,532,0001,270,0003,012,000127,000-1,874,000-2,819,000137,0006,813,000
overdraft000000000000000
change in cash-4,109,0001,641,000-1,191,000-4,839,0001,106,000-2,375,000217,0005,532,0001,270,0003,012,000127,000-1,874,000-2,819,000137,0006,813,000

interfloor 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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Interfloor Limited Competitor Analysis

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Perform a competitor analysis for interfloor limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BB4 area or any other competitors across 12 key performance metrics.

interfloor limited Ownership

INTERFLOOR LIMITED group structure

Interfloor Limited has 2 subsidiary companies.

INTERFLOOR LIMITED Shareholders

interfloor operations limited 100%

interfloor limited directors

Interfloor Limited currently has 8 directors. The longest serving directors include Mr Geoffrey Wilding (Sep 2015) and Mr Stephen Foster (Sep 2015).

officercountryagestartendrole
Mr Geoffrey WildingEngland61 years Sep 2015- Director
Mr Stephen Foster49 years Sep 2015- Director
Mr Gary Cowley64 years Sep 2015- Director
Mr Richard Bosveld57 years Nov 2019- Director
Mr Richard Bosveld57 years Nov 2019- Director
Mr Gary McEwan56 years May 2021- Director
Mr Ian James41 years Feb 2023- Director
Mr Philip Yates50 years Jul 2023- Director

P&L

March 2024

turnover

74.9m

-8%

operating profit

5.7m

+42%

gross margin

28.5%

+18.09%

turnover

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

Balance Sheet

March 2024

net assets

73.5m

+0.07%

total assets

94.2m

+0.05%

cash

2.6m

-0.61%

net assets

Total assets minus all liabilities

interfloor limited company details

company number

00162988

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

January 1920

age

105

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

March 2024

previous names

duralay limited (June 2003)

lintafoam (manchester) limited (March 1986)

accountant

-

auditor

-

address

broadway, haslingden, rossendale, lancashire, BB4 4LS

Bank

HSBC BANK PLC

Legal Advisor

-

interfloor 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 15 charges/mortgages relating to interfloor limited. Currently there are 1 open charges and 14 have been satisfied in the past.

interfloor 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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interfloor limited Companies House Filings - See Documents

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