Pomanda estimates the enterprise value of MILLIKEN INDUSTRIALS LIMITED at £64.6m based on a Turnover of £119.9m and 0.54x industry multiple (adjusted for size and gross margin).
milliken industrials limitedEstimated Valuation
£60m
Pomanda estimates the enterprise value of MILLIKEN INDUSTRIALS LIMITED at £60m based on an EBITDA of £10.1m and a 5.95x industry multiple (adjusted for size and gross margin).
milliken industrials limitedEstimated Valuation
£49.9m
Pomanda estimates the enterprise value of MILLIKEN INDUSTRIALS LIMITED at £49.9m based on Net Assets of £31.7m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milliken Industrials LimitedOverview
Milliken Industrials Limited is a live company located in lancashire, WN6 8RN with a Companies House number of 00172105. It operates in the manufacture of woven or tufted carpets and rugs sector, SIC Code 13931. Founded in December 1920, it's largest shareholder is
milliken europe bvba
with a 100% stake. Milliken Industrials Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£119.9m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Milliken Industrials Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
2 Regular
1 Weak
Size
annual sales of £119.9m, make it larger than the average company (£24.5m)
£119.9m - Milliken Industrials Limited
£24.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.3%)
7% - Milliken Industrials Limited
4.3% - Industry AVG
Production
with a gross margin of 29.1%, this company has a lower cost of product (21.9%)
29.1% - Milliken Industrials Limited
21.9% - Industry AVG
Profitability
an operating margin of 6.8% make it more profitable than the average company (2.9%)
6.8% - Milliken Industrials Limited
2.9% - Industry AVG
Employees
with 440 employees, this is above the industry average (85)
440 - Milliken Industrials Limited
85 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has a higher pay structure (£40.9k)
£51.5k - Milliken Industrials Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £272.4k, this is equally as efficient (£256.6k)
£272.4k - Milliken Industrials Limited
£256.6k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (43 days)
31 days - Milliken Industrials Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is close to average (27 days)
27 days - Milliken Industrials Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is less than average (97 days)
41 days - Milliken Industrials Limited
97 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 22 weeks, this is more cash available to meet short term requirements (17 weeks)
22 weeks - Milliken Industrials Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (45.2%)
29.5% - Milliken Industrials Limited
45.2% - Industry AVG
MILLIKEN INDUSTRIALS LIMITED financials
EXPORT
Milliken Industrials Limited's latest turnover from December 2023 is £119.9 million and the company has net assets of £31.7 million. According to their latest financial statements, Milliken Industrials Limited has 440 employees and maintains cash reserves of £4.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Nov 2022
Nov 2021
Nov 2020
Dec 2019
Dec 2018
Dec 2017
Nov 2016
Nov 2015
Nov 2014
Dec 2013
Dec 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
119,877,000
137,746,000
117,857,000
99,033,000
123,679,000
132,919,000
125,426,000
112,282,000
102,077,000
101,101,000
97,087,000
95,728,000
124,375,000
102,843,000
86,550,000
Other Income Or Grants
Cost Of Sales
84,977,000
100,373,000
80,072,000
67,488,000
81,891,000
91,771,000
86,053,000
72,799,000
70,041,000
68,404,000
66,577,000
68,144,000
84,682,000
67,581,000
55,470,000
Gross Profit
34,900,000
37,373,000
37,785,000
31,545,000
41,788,000
41,148,000
39,373,000
39,483,000
32,036,000
32,697,000
30,510,000
27,584,000
39,693,000
35,262,000
31,080,000
Admin Expenses
26,808,000
29,155,000
29,281,000
26,785,000
35,648,000
34,060,000
31,543,000
24,809,000
25,284,000
25,709,000
18,883,000
15,370,000
27,128,000
27,852,000
26,620,000
Operating Profit
8,092,000
8,218,000
8,504,000
4,760,000
6,140,000
7,088,000
7,830,000
14,674,000
6,752,000
6,988,000
11,627,000
12,214,000
12,565,000
7,410,000
4,460,000
Interest Payable
27,000
246,000
756,000
803,000
615,000
504,000
2,210,000
Interest Receivable
453,000
32,000
34,000
28,000
10,000
24,000
20,000
41,000
2,286,000
1,631,000
152,000
173,000
152,000
2,289,000
Pre-Tax Profit
6,873,000
8,250,000
8,477,000
4,794,000
8,230,000
7,131,000
7,525,000
15,791,000
7,126,000
9,028,000
12,502,000
11,563,000
15,740,000
7,058,000
4,539,000
Tax
-1,964,000
-1,761,000
-1,727,000
-673,000
-2,024,000
-1,352,000
-1,524,000
-3,169,000
-1,561,000
-2,236,000
-2,942,000
-1,570,000
-3,620,000
-2,426,000
-1,483,000
Profit After Tax
4,909,000
6,489,000
6,750,000
4,121,000
6,206,000
5,779,000
6,001,000
12,622,000
5,565,000
6,792,000
9,560,000
9,993,000
12,120,000
4,632,000
3,056,000
Dividends Paid
15,000,000
8,000,000
12,000,000
12,000,000
15,000,000
30,000,000
12,000,000
Retained Profit
-10,091,000
-1,511,000
-5,250,000
-7,879,000
-8,794,000
5,779,000
6,001,000
12,622,000
5,565,000
-23,208,000
-2,440,000
9,993,000
12,120,000
4,632,000
3,056,000
Employee Costs
22,655,000
27,511,000
27,543,000
27,333,000
28,627,000
30,012,000
27,011,000
23,695,000
21,877,000
20,359,000
18,173,000
18,971,000
24,130,000
21,707,000
21,040,000
Number Of Employees
440
589
598
633
655
658
603
560
544
537
541
572
702
669
674
EBITDA*
10,069,000
10,413,000
10,176,000
6,378,000
7,982,000
8,818,000
9,954,000
16,757,000
8,684,000
8,583,000
14,096,000
14,511,000
14,971,000
10,176,000
7,764,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Nov 2022
Nov 2021
Nov 2020
Dec 2019
Dec 2018
Dec 2017
Nov 2016
Nov 2015
Nov 2014
Dec 2013
Dec 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
14,217,000
16,123,000
16,060,000
16,034,000
16,515,000
18,817,000
17,002,000
14,576,000
12,687,000
11,598,000
11,039,000
10,999,000
10,658,000
13,385,000
13,556,000
Intangible Assets
2,451,000
2,979,000
3,507,000
2,145,000
2,334,000
1,153,000
2,301,000
3,450,000
4,598,000
5,898,000
Investments & Other
6,036,000
6,036,000
6,139,000
Debtors (Due After 1 year)
Total Fixed Assets
16,668,000
25,138,000
25,603,000
22,173,000
16,515,000
20,962,000
19,336,000
14,576,000
12,687,000
11,598,000
12,192,000
13,300,000
14,108,000
17,983,000
19,454,000
Stock & work in progress
9,754,000
16,505,000
15,138,000
12,516,000
13,990,000
18,197,000
16,332,000
9,437,000
7,378,000
6,709,000
5,656,000
5,876,000
6,872,000
8,869,000
7,943,000
Trade Debtors
10,217,000
12,483,000
12,249,000
15,811,000
20,547,000
21,563,000
17,898,000
17,482,000
16,472,000
17,154,000
16,729,000
15,056,000
17,598,000
16,241,000
15,921,000
Group Debtors
1,550,000
3,356,000
3,904,000
71,000
1,726,000
424,000
1,839,000
154,000
576,000
670,000
25,000
1,879,000
1,251,000
1,181,000
6,629,000
Misc Debtors
1,996,000
947,000
535,000
830,000
610,000
1,156,000
516,000
297,000
369,000
506,000
2,080,000
818,000
1,025,000
1,346,000
1,399,000
Cash
4,707,000
2,143,000
7,936,000
9,099,000
17,001,000
3,725,000
4,426,000
7,246,000
7,306,000
7,798,000
10,971,000
60,221,000
58,112,000
42,240,000
28,823,000
misc current assets
13,817,000
13,784,000
15,530,000
30,399,000
25,064,000
47,806,000
total current assets
28,224,000
35,434,000
39,762,000
38,327,000
53,874,000
58,882,000
54,795,000
50,146,000
62,500,000
57,901,000
83,267,000
83,850,000
84,858,000
69,877,000
60,715,000
total assets
44,892,000
60,572,000
65,365,000
60,500,000
70,389,000
79,844,000
74,131,000
64,722,000
75,187,000
69,499,000
95,459,000
97,150,000
98,966,000
87,860,000
80,169,000
Bank overdraft
Bank loan
Trade Creditors
6,375,000
5,835,000
5,906,000
5,431,000
6,218,000
6,338,000
6,240,000
5,474,000
5,635,000
4,960,000
5,582,000
4,603,000
4,763,000
5,659,000
4,930,000
Group/Directors Accounts
352,000
7,818,000
8,770,000
911,000
827,000
1,227,000
1,292,000
399,000
487,000
647,000
942,000
984,000
10,490,000
12,410,000
13,470,000
other short term finances
hp & lease commitments
other current liabilities
4,355,000
3,618,000
6,226,000
4,928,000
6,285,000
6,716,000
7,776,000
6,268,000
4,099,000
4,531,000
6,712,000
5,621,000
8,374,000
6,568,000
4,278,000
total current liabilities
11,082,000
17,271,000
20,902,000
11,270,000
13,330,000
14,281,000
15,308,000
12,141,000
10,221,000
10,138,000
13,236,000
11,208,000
23,627,000
24,637,000
22,678,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
2,144,000
1,647,000
1,298,000
739,000
689,000
441,000
215,000
27,000
total long term liabilities
2,144,000
1,647,000
1,298,000
739,000
689,000
441,000
215,000
27,000
285,000
1,371,000
656,000
total liabilities
13,226,000
18,918,000
22,200,000
12,009,000
14,019,000
14,722,000
15,523,000
12,141,000
10,248,000
10,138,000
13,521,000
11,208,000
23,627,000
26,008,000
23,334,000
net assets
31,666,000
41,654,000
43,165,000
48,491,000
56,370,000
65,122,000
58,608,000
52,581,000
64,939,000
59,361,000
81,938,000
85,942,000
75,339,000
61,852,000
56,835,000
total shareholders funds
31,666,000
41,654,000
43,165,000
48,491,000
56,370,000
65,122,000
58,608,000
52,581,000
64,939,000
59,361,000
81,938,000
85,942,000
75,339,000
61,852,000
56,835,000
Dec 2023
Nov 2022
Nov 2021
Nov 2020
Dec 2019
Dec 2018
Dec 2017
Nov 2016
Nov 2015
Nov 2014
Dec 2013
Dec 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
8,092,000
8,218,000
8,504,000
4,760,000
6,140,000
7,088,000
7,830,000
14,674,000
6,752,000
6,988,000
11,627,000
12,214,000
12,565,000
7,410,000
4,460,000
Depreciation
1,449,000
1,667,000
1,591,000
1,618,000
1,775,000
1,629,000
2,124,000
2,083,000
1,932,000
1,595,000
1,321,000
1,148,000
1,258,000
1,466,000
2,004,000
Amortisation
528,000
528,000
81,000
67,000
101,000
1,148,000
1,149,000
1,148,000
1,300,000
1,300,000
Tax
-1,964,000
-1,761,000
-1,727,000
-673,000
-2,024,000
-1,352,000
-1,524,000
-3,169,000
-1,561,000
-2,236,000
-2,942,000
-1,570,000
-3,620,000
-2,426,000
-1,483,000
Stock
-6,751,000
1,367,000
2,622,000
-1,474,000
-4,207,000
1,865,000
6,895,000
2,059,000
669,000
1,053,000
-220,000
-996,000
-1,997,000
926,000
7,943,000
Debtors
-3,023,000
98,000
-24,000
-6,171,000
-260,000
2,890,000
2,320,000
516,000
-913,000
-504,000
1,081,000
-2,121,000
1,106,000
-5,181,000
23,949,000
Creditors
540,000
-71,000
475,000
-787,000
-120,000
98,000
766,000
-161,000
675,000
-622,000
979,000
-160,000
-896,000
729,000
4,930,000
Accruals and Deferred Income
737,000
-2,608,000
1,298,000
-1,357,000
-431,000
-1,060,000
1,508,000
2,169,000
-432,000
-2,181,000
1,091,000
-2,753,000
1,806,000
2,290,000
4,278,000
Deferred Taxes & Provisions
497,000
349,000
559,000
50,000
248,000
226,000
215,000
-27,000
27,000
Cash flow from operations
19,653,000
4,857,000
8,183,000
11,256,000
10,122,000
1,975,000
1,704,000
12,994,000
7,637,000
2,995,000
12,363,000
13,145,000
13,152,000
15,024,000
-16,403,000
Investing Activities
capital expenditure
-3,439,000
-4,316,000
-3,973,000
-3,022,000
-2,161,000
159,000
-1,489,000
-1,722,000
-1,319,000
-1,106,000
Change in Investments
-6,036,000
-103,000
6,139,000
cash flow from investments
6,036,000
103,000
-6,139,000
-3,439,000
-4,316,000
-3,973,000
-3,022,000
-2,161,000
159,000
-1,489,000
-1,722,000
-1,319,000
-1,106,000
Financing Activities
Bank loans
Group/Directors Accounts
-7,466,000
-952,000
7,859,000
84,000
-400,000
-65,000
893,000
-88,000
-160,000
-295,000
-42,000
-9,506,000
-1,920,000
-1,060,000
13,470,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
103,000
-76,000
42,000
735,000
26,000
-24,980,000
13,000
631,000
-1,564,000
610,000
1,367,000
385,000
53,779,000
interest
453,000
32,000
-27,000
34,000
28,000
10,000
24,000
20,000
41,000
2,040,000
875,000
-651,000
-442,000
-352,000
79,000
cash flow from financing
-6,910,000
-920,000
7,756,000
118,000
-330,000
680,000
943,000
-25,048,000
-106,000
2,376,000
-731,000
-9,547,000
-995,000
-1,027,000
67,328,000
cash and cash equivalents
cash
2,564,000
-5,793,000
-1,163,000
-7,902,000
13,276,000
-701,000
-2,820,000
-60,000
-492,000
-3,173,000
-49,250,000
2,109,000
15,872,000
13,417,000
28,823,000
overdraft
change in cash
2,564,000
-5,793,000
-1,163,000
-7,902,000
13,276,000
-701,000
-2,820,000
-60,000
-492,000
-3,173,000
-49,250,000
2,109,000
15,872,000
13,417,000
28,823,000
milliken industrials limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for milliken industrials limited. Get real-time insights into milliken industrials limited's credit score, group structure and payment trends.
Perform a competitor analysis for milliken industrials limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in WN6 area or any other competitors across 12 key performance metrics.
milliken industrials limited Ownership
MILLIKEN INDUSTRIALS LIMITED group structure
Milliken Industrials Limited has 1 subsidiary company.
The sole shareholder of Milliken Industrials Limited is Milliken Europe Bvba.
milliken europe bvba
100%
milliken industrials limited directors
Milliken Industrials Limited currently has 4 directors.
The longest serving directors include
Mr Jeremy Graham (Mar 2010) and
Mr Halsey Cook (Jan 2019).
13931 - Manufacture of woven or tufted carpets and rugs
incorporation date
December 1920
age
105
incorporated
UK
ultimate parent company
MILLIKEN AND CO
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
beech hill plant gidlow lane, wigan, lancashire, WN6 8RN
Bank
J P MORGAN CHASE BANK
Legal Advisor
ADDLESHAW GODDARD LLP
milliken industrials 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 3 charges/mortgages relating to milliken industrials limited. Currently there are 0 open charges and 3 have been satisfied in the past.
milliken industrials 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.
Click to start generating capital raising & share issue transactions for MILLIKEN INDUSTRIALS LIMITED. This can take several minutes, an email will notify you when this has completed.
milliken industrials limitedCompanies House Filings - See Documents
