crown packaging uk limited
crown packaging uk limited Company Information
Company Number
00178090
Website
crowncork.comRegistered Address
crown packaging uk limited, borland avenue, carlisle, cumbria, CA1 2TL
Industry
Manufacture of light metal packaging
Telephone
01228811200
Next Accounts Due
2180 days late
Group Structure
View All
Shareholders
carnaud metalbox group uk ltd 100%
crown packaging uk limited Estimated Valuation
Pomanda estimates the enterprise value of CROWN PACKAGING UK LIMITED at £270.9m based on a Turnover of £291.6m and 0.93x industry multiple (adjusted for size and gross margin).
crown packaging uk limited Estimated Valuation
Pomanda estimates the enterprise value of CROWN PACKAGING UK LIMITED at £50.2m based on an EBITDA of £7.3m and a 6.88x industry multiple (adjusted for size and gross margin).
crown packaging uk limited Estimated Valuation
Pomanda estimates the enterprise value of CROWN PACKAGING UK LIMITED at £465.6m based on Net Assets of £173.6m and 2.68x industry multiple (adjusted for liquidity).
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Crown Packaging Uk Limited Overview
Crown Packaging Uk Limited is a live company located in carlisle, CA1 2TL with a Companies House number of 00178090. It operates in the manufacture of light metal packaging sector, SIC Code 25920. Founded in November 1921, it's largest shareholder is carnaud metalbox group uk ltd with a 100% stake. Crown Packaging Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £291.6m with declining growth in recent years.
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Crown Packaging Uk Limited Health Check
Pomanda's financial health check has awarded Crown Packaging Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £291.6m, make it larger than the average company (£23.4m)
£291.6m - Crown Packaging Uk Limited
£23.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (1.3%)
-13% - Crown Packaging Uk Limited
1.3% - Industry AVG
Production
with a gross margin of 18.1%, this company has a comparable cost of product (18.1%)
18.1% - Crown Packaging Uk Limited
18.1% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (4.9%)
1% - Crown Packaging Uk Limited
4.9% - Industry AVG
Employees
with 1202 employees, this is above the industry average (143)
1202 - Crown Packaging Uk Limited
143 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£38.2k)
£45.8k - Crown Packaging Uk Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £242.6k, this is more efficient (£164.3k)
£242.6k - Crown Packaging Uk Limited
£164.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (68 days)
0 days - Crown Packaging Uk Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (46 days)
103 days - Crown Packaging Uk Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is in line with average (73 days)
66 days - Crown Packaging Uk Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (2 weeks)
0 weeks - Crown Packaging Uk Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.3%, this is a higher level of debt than the average (47.7%)
64.3% - Crown Packaging Uk Limited
47.7% - Industry AVG
CROWN PACKAGING UK LIMITED financials
Crown Packaging Uk Limited's latest turnover from September 2016 is £291.6 million and the company has net assets of £173.6 million. According to their latest financial statements, Crown Packaging Uk Limited has 1,202 employees and maintains cash reserves of £13 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 291,632,000 | 404,346,000 | 442,542,000 | 442,072,000 | 484,383,000 | 501,879,000 | 509,757,000 | 492,856,000 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | 2,824,000 | -3,395,000 | 10,825,000 | -15,244,000 | 1,119,000 | -6,413,000 | 12,078,000 | 17,987,000 |
| Interest Payable | 2,830,000 | 4,916,000 | 10,425,000 | 397,000 | 340,000 | 1,236,000 | 2,073,000 | 1,859,000 |
| Interest Receivable | 6,000 | 4,000 | 3,000 | 5,000 | 0 | 6,000 | 1,000 | 2,000 |
| Pre-Tax Profit | -3,859,000 | 1,693,000 | 10,403,000 | -1,684,000 | 10,194,000 | -27,416,000 | 11,406,000 | 10,769,000 |
| Tax | -6,292,000 | -2,962,000 | 163,000 | 2,252,000 | -761,000 | 1,538,000 | -4,580,000 | -6,911,000 |
| Profit After Tax | -10,151,000 | -1,269,000 | 10,566,000 | 568,000 | 9,433,000 | -25,878,000 | 6,826,000 | 3,858,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -10,151,000 | -1,269,000 | 10,566,000 | 568,000 | 9,433,000 | -25,878,000 | 6,826,000 | 3,858,000 |
| Employee Costs | 55,089,000 | 75,344,000 | 103,014,000 | 103,220,000 | 102,676,000 | 104,234,000 | 81,802,000 | 80,067,000 |
| Number Of Employees | 1,202 | 1,251 | 1,381 | 1,467 | 1,551 | 1,554 | 1,588 | 1,622 |
| EBITDA* | 7,295,000 | 2,331,000 | 16,042,000 | -10,611,000 | 9,428,000 | 1,944,000 | 24,885,000 | 32,154,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 71,134,000 | 70,406,000 | 86,237,000 | 74,484,000 | 66,455,000 | 66,659,000 | 62,444,000 | 63,335,000 |
| Intangible Assets | 636,000 | 339,000 | 160,000 | 0 | 0 | 0 | 28,334,000 | 32,629,000 |
| Investments & Other | 0 | 55,358,000 | 57,891,000 | 55,358,000 | 55,358,000 | 55,358,000 | 61,711,000 | 61,711,000 |
| Debtors (Due After 1 year) | 0 | 33,469,000 | 40,373,000 | 10,365,000 | 7,546,000 | 10,407,000 | 8,128,000 | 11,657,000 |
| Total Fixed Assets | 71,770,000 | 159,572,000 | 184,661,000 | 140,207,000 | 129,359,000 | 132,424,000 | 160,617,000 | 169,332,000 |
| Stock & work in progress | 43,522,000 | 40,029,000 | 50,350,000 | 44,660,000 | 49,819,000 | 57,386,000 | 49,380,000 | 43,500,000 |
| Trade Debtors | 617,000 | 528,000 | 715,000 | 774,000 | 832,000 | 2,262,000 | 31,138,000 | 31,616,000 |
| Group Debtors | 286,555,000 | 323,652,000 | 357,259,000 | 324,183,000 | 302,324,000 | 270,260,000 | 286,712,000 | 259,489,000 |
| Misc Debtors | 48,261,000 | 11,549,000 | 9,143,000 | 9,015,000 | 10,321,000 | 8,010,000 | 7,312,000 | 8,645,000 |
| Cash | 13,000 | 333,000 | 1,919,000 | 357,000 | 137,000 | 29,000 | 1,157,000 | 854,000 |
| misc current assets | 36,052,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 415,020,000 | 376,091,000 | 419,386,000 | 378,989,000 | 363,433,000 | 337,947,000 | 375,699,000 | 344,104,000 |
| total assets | 486,790,000 | 535,663,000 | 604,047,000 | 519,196,000 | 492,792,000 | 470,371,000 | 536,316,000 | 513,436,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 68,044,000 | 88,612,000 | 102,392,000 | 92,791,000 | 94,842,000 | 126,360,000 | 99,862,000 | 86,609,000 |
| Group/Directors Accounts | 63,347,000 | 79,639,000 | 105,544,000 | 70,435,000 | 86,499,000 | 73,501,000 | 93,884,000 | 84,059,000 |
| other short term finances | 1,531,000 | 328,000 | 395,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 414,000 | 261,000 | 194,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 22,508,000 | 21,072,000 | 21,722,000 | 19,577,000 | 19,888,000 | 20,061,000 | 66,962,000 | 75,818,000 |
| total current liabilities | 155,844,000 | 189,912,000 | 230,247,000 | 182,803,000 | 201,229,000 | 219,922,000 | 260,708,000 | 246,486,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 109,000 | 204,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 2,358,000 | 0 | 1,858,000 | 206,000 | 294,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 8,847,000 | 3,972,000 | 10,069,000 | 3,853,000 | 2,362,000 | 1,594,000 | 1,546,000 | 2,103,000 |
| total long term liabilities | 157,347,000 | 131,281,000 | 158,657,000 | 9,062,000 | 13,150,000 | 13,177,000 | 10,017,000 | 10,190,000 |
| total liabilities | 313,191,000 | 321,193,000 | 388,904,000 | 191,865,000 | 214,379,000 | 233,099,000 | 270,725,000 | 256,676,000 |
| net assets | 173,599,000 | 214,470,000 | 215,143,000 | 327,331,000 | 278,413,000 | 237,272,000 | 265,591,000 | 256,760,000 |
| total shareholders funds | 173,599,000 | 214,470,000 | 215,143,000 | 327,331,000 | 278,413,000 | 237,272,000 | 265,591,000 | 256,760,000 |
| Sep 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 2,824,000 | -3,395,000 | 10,825,000 | -15,244,000 | 1,119,000 | -6,413,000 | 12,078,000 | 17,987,000 |
| Depreciation | 4,444,000 | 5,689,000 | 5,176,000 | 4,633,000 | 8,309,000 | 8,357,000 | 8,512,000 | 9,872,000 |
| Amortisation | 27,000 | 37,000 | 41,000 | 0 | 0 | 0 | 4,295,000 | 4,295,000 |
| Tax | -6,292,000 | -2,962,000 | 163,000 | 2,252,000 | -761,000 | 1,538,000 | -4,580,000 | -6,911,000 |
| Stock | 3,493,000 | -10,321,000 | 5,690,000 | -5,159,000 | -7,567,000 | 8,006,000 | 5,880,000 | 43,500,000 |
| Debtors | -33,765,000 | -38,292,000 | 63,153,000 | 23,314,000 | 30,084,000 | -42,351,000 | 21,883,000 | 311,407,000 |
| Creditors | -20,568,000 | -13,780,000 | 9,601,000 | -2,051,000 | -31,518,000 | 26,498,000 | 13,253,000 | 86,609,000 |
| Accruals and Deferred Income | 1,436,000 | -650,000 | -213,000 | 2,047,000 | -2,031,000 | -45,249,000 | -8,944,000 | 76,112,000 |
| Deferred Taxes & Provisions | 4,875,000 | -6,097,000 | 6,216,000 | 1,491,000 | 768,000 | 48,000 | -557,000 | 2,103,000 |
| Cash flow from operations | 17,018,000 | 27,455,000 | -37,034,000 | -25,027,000 | -46,631,000 | 19,124,000 | -3,706,000 | -164,840,000 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -55,358,000 | -2,533,000 | 2,533,000 | 0 | 0 | -6,353,000 | 0 | 61,711,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -16,292,000 | -25,905,000 | 35,109,000 | -16,064,000 | 12,998,000 | -20,383,000 | 9,825,000 | 84,059,000 |
| Other Short Term Loans | 1,203,000 | -67,000 | 395,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 44,000 | -28,000 | 398,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -2,824,000 | -4,912,000 | -10,422,000 | -392,000 | -340,000 | -1,230,000 | -2,072,000 | -1,857,000 |
| cash flow from financing | -48,589,000 | -30,316,000 | -97,274,000 | 31,894,000 | 44,366,000 | -24,054,000 | 9,758,000 | 335,104,000 |
| cash and cash equivalents | ||||||||
| cash | -320,000 | -1,586,000 | 1,562,000 | 220,000 | 108,000 | -1,128,000 | 303,000 | 854,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -320,000 | -1,586,000 | 1,562,000 | 220,000 | 108,000 | -1,128,000 | 303,000 | 854,000 |
crown packaging uk limited Credit Report and Business Information
Crown Packaging Uk Limited Competitor Analysis
Perform a competitor analysis for crown packaging uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
crown packaging uk limited Ownership
CROWN PACKAGING UK LIMITED group structure
Crown Packaging Uk Limited has no subsidiary companies.
Ultimate parent company
CROWN HOLDINGS INC
#0041994
2 parents
CROWN PACKAGING UK LIMITED
00178090
crown packaging uk limited directors
Crown Packaging Uk Limited currently has 2 directors. The longest serving directors include Mr Jean-Francois Lelouch (Aug 2021) and Mr Jean-Francois Lelouch (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jean-Francois Lelouch | 57 years | Aug 2021 | - | Director | |
| Mr Jean-Francois Lelouch | 57 years | Aug 2021 | - | Director |
P&L
September 2016turnover
291.6m
-28%
operating profit
2.8m
-183%
gross margin
18.1%
-17.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2016net assets
173.6m
-0.19%
total assets
486.8m
-0.09%
cash
13k
-0.96%
net assets
Total assets minus all liabilities
crown packaging uk limited company details
company number
00178090
Type
Private limited with Share Capital
industry
25920 - Manufacture of light metal packaging
incorporation date
November 1921
age
103
accounts
Full Accounts
ultimate parent company
previous names
crown packaging uk plc (September 2016)
carnaudmetalbox plc (December 2003)
See moreincorporated
UK
address
crown packaging uk limited, borland avenue, carlisle, cumbria, CA1 2TL
last accounts submitted
September 2016
crown packaging uk 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 14 charges/mortgages relating to crown packaging uk limited. Currently there are 1 open charges and 13 have been satisfied in the past.
crown packaging uk limited Companies House Filings - See Documents
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