chep uk limited

chep uk limited Company Information

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Company Number

00197807

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Directors

Daniel Berry

Stephen Egli

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Shareholders

cyan logistics ltd

Group Structure

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Contact

Registered Address

2nd floor, 400, dashwood lang road, addlestone, surrey, KT15 2HJ

chep uk limited Estimated Valuation

£1b

Pomanda estimates the enterprise value of CHEP UK LIMITED at £1b based on a Turnover of £471.5m and 2.13x industry multiple (adjusted for size and gross margin).

chep uk limited Estimated Valuation

£726.6m

Pomanda estimates the enterprise value of CHEP UK LIMITED at £726.6m based on an EBITDA of £77.4m and a 9.38x industry multiple (adjusted for size and gross margin).

chep uk limited Estimated Valuation

£164.6m

Pomanda estimates the enterprise value of CHEP UK LIMITED at £164.6m based on Net Assets of £72.3m and 2.28x industry multiple (adjusted for liquidity).

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Chep Uk Limited Overview

Chep Uk Limited is a live company located in addlestone, KT15 2HJ with a Companies House number of 00197807. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in May 1924, it's largest shareholder is cyan logistics ltd with a 100% stake. Chep Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £471.5m with healthy growth in recent years.

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Chep Uk Limited Health Check

Pomanda's financial health check has awarded Chep Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

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Health Rating4.5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £471.5m, make it larger than the average company (£10.4m)

£471.5m - Chep Uk Limited

£10.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.8%)

5% - Chep Uk Limited

5.8% - Industry AVG

production

Production

with a gross margin of 98.1%, this company has a lower cost of product (46.6%)

98.1% - Chep Uk Limited

46.6% - Industry AVG

profitability

Profitability

an operating margin of 13.9% make it as profitable than the average company (12.6%)

13.9% - Chep Uk Limited

12.6% - Industry AVG

employees

Employees

with 1344 employees, this is above the industry average (43)

1344 - Chep Uk Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.4k, the company has an equivalent pay structure (£44.5k)

£48.4k - Chep Uk Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £350.8k, this is more efficient (£198.4k)

£350.8k - Chep Uk Limited

£198.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (59 days)

30 days - Chep Uk Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 979 days, this is slower than average (51 days)

979 days - Chep Uk Limited

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 190 days, this is more than average (23 days)

190 days - Chep Uk Limited

23 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)

1 weeks - Chep Uk Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (62%)

75.1% - Chep Uk Limited

62% - Industry AVG

CHEP UK LIMITED financials

EXPORTms excel logo

Chep Uk Limited's latest turnover from June 2023 is £471.5 million and the company has net assets of £72.3 million. According to their latest financial statements, Chep Uk Limited has 1,344 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover471,461,000419,848,000390,730,000401,576,000366,208,000340,932,000332,505,000312,353,000305,721,000278,571,000283,073,000287,907,000290,810,000273,013,000
Other Income Or Grants00000000000000
Cost Of Sales9,189,00010,426,0009,990,00011,691,00012,396,000194,921,198195,581,749188,376,817172,882,000183,520,000192,940,000182,079,000179,396,000175,259,000
Gross Profit462,272,000409,422,000380,740,000389,885,000353,812,000146,010,802136,923,251123,976,183132,839,00095,051,00090,133,000105,828,000111,414,00097,754,000
Admin Expenses396,755,000332,473,000300,395,000306,196,000296,677,00075,267,80256,886,25157,778,18355,667,00027,185,00039,870,00031,777,00038,360,00027,197,000
Operating Profit65,517,00076,949,00080,345,00083,689,00057,135,00070,743,00080,037,00066,198,00077,172,00067,866,00050,263,00074,051,00073,054,00070,557,000
Interest Payable2,292,0001,278,0001,225,0002,121,0001,440,0001,180,0001,729,0001,543,0001,967,0006,821,0003,058,0004,416,0005,591,0004,573,000
Interest Receivable1,569,000226,00096,00018,131,0007,0000003,0005,050,000171,00064,00058,00027,000
Pre-Tax Profit100,830,00089,012,00070,489,000120,398,00043,786,00076,928,00085,762,00072,111,00085,695,00086,341,00047,376,00072,907,00067,521,00066,011,000
Tax-13,690,000-14,428,000-15,340,000-15,956,000-11,052,000-13,856,000-16,323,000-13,582,000-16,041,000-16,451,000-12,053,000-16,944,000-19,608,000-19,658,000
Profit After Tax87,140,00074,584,00055,149,000104,442,00032,734,00063,072,00069,439,00058,529,00069,654,00069,890,00035,323,00055,963,00047,913,00046,353,000
Dividends Paid70,014,00060,000,00050,000,000110,000,00060,000,00060,000,00045,000,00065,000,00060,000,00050,000,00055,000,00050,000,00050,000,00025,000,000
Retained Profit17,126,00014,584,0005,149,000-5,558,000-27,266,0003,072,00024,439,000-6,471,0009,654,00019,890,000-19,677,0005,963,000-2,087,00021,353,000
Employee Costs65,083,00055,163,00054,112,00047,822,00049,752,00040,377,00037,257,00033,635,00031,960,00029,406,00029,923,00028,531,00029,784,00029,520,000
Number Of Employees1,3441,3131,2191,1221,1159759068151,911817863879917925
EBITDA*77,447,00087,445,00089,912,00093,452,00064,383,00077,193,00086,810,00066,198,00077,172,00074,752,00056,696,00087,596,00086,513,00085,005,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets63,690,00060,527,00062,879,00034,565,00033,651,000175,124,000159,715,000161,034,000162,284,00028,123,00029,196,00028,207,00090,725,000105,372,000
Intangible Assets6,662,0006,725,0006,875,0007,025,0007,175,0003,750,0007,500,00011,250,00015,000,00018,750,00022,500,00026,250,00030,000,00033,750,000
Investments & Other85,231,00060,498,00057,038,00091,317,000139,938,000144,100,000135,668,000137,202,000134,089,000132,361,000132,223,000129,523,00098,261,00052,358,000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets155,583,000127,750,000126,792,000132,907,000180,764,000178,874,000167,215,000172,284,000177,284,000179,234,000183,919,000183,980,000218,986,000191,480,000
Stock & work in progress4,800,0003,882,0004,000,0005,425,0002,771,0001,210,0001,324,0001,351,0001,263,0001,452,0001,826,0001,932,0003,450,0003,444,000
Trade Debtors39,631,00027,664,00029,810,00027,289,00033,162,00029,063,00037,151,00020,695,00022,808,00020,846,00022,925,00033,071,00034,007,00033,370,000
Group Debtors61,303,00031,899,00031,490,00032,263,0006,433,0005,591,0004,705,00014,661,00010,741,0009,704,00010,255,00016,101,00019,271,00017,946,000
Misc Debtors23,483,00021,304,00018,864,00017,789,00016,546,00016,559,0007,877,00017,065,00015,094,00015,303,00014,287,0003,906,0003,536,0004,093,000
Cash5,555,0005,063,0003,648,0001,063,0002,111,0007,373,0002,083,0005,849,0006,483,0004,049,00001,763,0001,902,0001,494,000
misc current assets000001,401,0003,621,0002,964,000314,00000000
total current assets134,772,00089,812,00087,812,00083,829,00061,023,00061,197,00056,761,00062,585,00056,703,00051,354,00049,293,00056,773,00062,166,00060,347,000
total assets290,355,000217,562,000214,604,000216,736,000241,787,000240,071,000223,976,000234,869,000233,987,000230,588,000233,212,000240,753,000281,152,000251,827,000
Bank overdraft00000000001,219,000000
Bank loan00000000000000
Trade Creditors 24,662,00017,125,00016,936,00017,894,00015,354,00012,149,00010,097,0006,995,00014,405,00013,254,00014,111,00018,216,00021,418,00020,337,000
Group/Directors Accounts49,469,00026,325,00023,886,00016,753,00012,269,00000005,485,0007,459,0009,594,0003,905,0001,378,000
other short term finances00000000000000
hp & lease commitments5,197,0005,357,0005,724,0005,757,0000000000000
other current liabilities67,838,00054,047,00062,562,00064,452,00050,053,00048,019,00047,832,00059,608,00054,866,00030,964,00043,006,00051,174,00037,392,00035,887,000
total current liabilities147,166,000102,854,000109,108,000104,856,00077,676,00060,168,00057,929,00066,603,00069,271,00049,703,00065,795,00078,984,00062,715,00057,602,000
loans43,397,00029,150,00026,037,00033,241,00096,661,000000093,654,00098,252,00065,873,000119,479,00090,859,000
hp & lease commitments13,716,00015,719,00018,145,00022,116,0000000000000
Accruals and Deferred Income00000000000000
other liabilities0000067,455,00052,261,00077,900,00065,791,00000000
provisions13,792,0006,007,0000021,777,00032,644,00053,226,00047,740,00048,858,0003,299,0002,947,0004,287,00010,836,00014,114,000
total long term liabilities70,905,00050,876,00064,390,00079,140,000118,438,00083,777,00078,874,000101,770,00090,220,000115,522,000117,564,00088,278,000141,818,000122,339,000
total liabilities218,071,000153,730,000173,498,000183,996,000196,114,000143,945,000136,803,000168,373,000159,491,000165,225,000183,359,000167,262,000204,533,000179,941,000
net assets72,284,00063,832,00041,106,00032,740,00045,673,00096,126,00087,173,00066,496,00074,496,00065,363,00049,853,00073,491,00076,619,00071,886,000
total shareholders funds72,284,00063,832,00041,106,00032,740,00045,673,00096,126,00087,173,00066,496,00074,496,00065,363,00049,853,00073,491,00076,619,00071,886,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit65,517,00076,949,00080,345,00083,689,00057,135,00070,743,00080,037,00066,198,00077,172,00067,866,00050,263,00074,051,00073,054,00070,557,000
Depreciation11,867,00010,346,0009,417,0009,613,0003,348,0002,700,0003,023,000003,136,0002,683,0009,795,00013,459,00014,448,000
Amortisation63,000150,000150,000150,0003,900,0003,750,0003,750,000003,750,0003,750,0003,750,00000
Tax-13,690,000-14,428,000-15,340,000-15,956,000-11,052,000-13,856,000-16,323,000-13,582,000-16,041,000-16,451,000-12,053,000-16,944,000-19,608,000-19,658,000
Stock918,000-118,000-1,425,0002,654,0001,561,000-114,000-27,00088,000-189,000-374,000-106,000-1,518,0006,0003,444,000
Debtors43,550,000703,0002,823,00021,200,0004,928,0001,480,000-2,688,0003,778,0002,790,000-1,614,000-5,611,000-3,736,0001,405,00055,409,000
Creditors7,537,000189,000-958,0002,540,0003,205,0002,052,0003,102,000-7,410,0001,151,000-857,000-4,105,000-3,202,0001,081,00020,337,000
Accruals and Deferred Income13,791,000-8,515,000-1,890,00014,399,0002,034,000187,000-11,776,0004,742,00023,902,000-12,042,000-8,168,00013,782,0001,505,00035,887,000
Deferred Taxes & Provisions7,785,0006,007,0000-21,777,000-10,867,000-20,582,0005,486,000-1,118,00045,559,000352,000-1,340,000-6,549,000-3,278,00014,114,000
Cash flow from operations48,402,00070,113,00070,326,00048,804,00041,214,00043,628,00070,014,00044,964,000129,142,00047,742,00036,747,00079,937,00064,802,00076,832,000
Investing Activities
capital expenditure-15,030,000-7,994,000-37,731,000-10,527,000130,800,000-18,109,000-1,704,0005,000,000-130,411,000-2,063,000-3,672,00052,723,0004,938,000-153,570,000
Change in Investments24,733,0003,460,000-34,279,000-48,621,000-4,162,0008,432,000-1,534,0003,113,0001,728,000138,0002,700,00031,262,00045,903,00052,358,000
cash flow from investments-39,763,000-11,454,000-3,452,00038,094,000134,962,000-26,541,000-170,0001,887,000-132,139,000-2,201,000-6,372,00021,461,000-40,965,000-205,928,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts23,144,0002,439,0007,133,0004,484,00012,269,000000-5,485,000-1,974,000-2,135,0005,689,0002,527,0001,378,000
Other Short Term Loans 00000000000000
Long term loans14,247,0003,113,000-7,204,000-63,420,00096,661,000000-93,654,000-4,598,00032,379,000-53,606,00028,620,00090,859,000
Hire Purchase and Lease Commitments-2,163,000-2,793,000-4,004,00027,873,0000000000000
other long term liabilities0000-67,455,00015,194,000-25,639,00012,109,00065,791,00000000
share issue-8,674,0008,142,0003,217,000-7,375,000-23,187,0005,881,000-3,762,000-1,529,000-521,000-4,380,000-3,961,000-9,091,0006,820,00050,533,000
interest-723,000-1,052,000-1,129,00016,010,000-1,433,000-1,180,000-1,729,000-1,543,000-1,964,000-1,771,000-2,887,000-4,352,000-5,533,000-4,546,000
cash flow from financing25,831,0009,849,000-1,987,000-22,428,00016,855,00019,895,000-31,130,0009,037,000-35,833,000-12,723,00023,396,000-61,360,00032,434,000138,224,000
cash and cash equivalents
cash492,0001,415,0002,585,000-1,048,000-5,262,0005,290,000-3,766,000-634,0002,434,0004,049,000-1,763,000-139,000408,0001,494,000
overdraft000000000-1,219,0001,219,000000
change in cash492,0001,415,0002,585,000-1,048,000-5,262,0005,290,000-3,766,000-634,0002,434,0005,268,000-2,982,000-139,000408,0001,494,000

chep uk 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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Chep Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for chep uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in KT15 area or any other competitors across 12 key performance metrics.

chep uk limited Ownership

CHEP UK LIMITED group structure

Chep Uk Limited has 1 subsidiary company.

Ultimate parent company

BRAMBLES LTD

#0066449

2 parents

CHEP UK LIMITED

00197807

1 subsidiary

CHEP UK LIMITED Shareholders

cyan logistics ltd 100%

chep uk limited directors

Chep Uk Limited currently has 4 directors. The longest serving directors include Mr Daniel Berry (Dec 2011) and Mr Stephen Egli (Dec 2021).

officercountryagestartendrole
Mr Daniel BerryEngland51 years Dec 2011- Director
Mr Stephen EgliEngland43 years Dec 2021- Director
Mr Alasdair HamblinEngland50 years Mar 2023- Director
Ms Eva Cullen58 years Sep 2024- Director

P&L

June 2023

turnover

471.5m

+12%

operating profit

65.5m

-15%

gross margin

98.1%

+0.55%

turnover

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

Balance Sheet

June 2023

net assets

72.3m

+0.13%

total assets

290.4m

+0.33%

cash

5.6m

+0.1%

net assets

Total assets minus all liabilities

chep uk limited company details

company number

00197807

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

May 1924

age

100

incorporated

UK

ultimate parent company

BRAMBLES LTD

accounts

Full Accounts

last accounts submitted

June 2023

previous names

gkn chep limited (January 1995)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

2nd floor, 400, dashwood lang road, addlestone, surrey, KT15 2HJ

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

chep 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 3 charges/mortgages relating to chep uk limited. Currently there are 1 open charges and 2 have been satisfied in the past.

chep uk 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 CHEP UK LIMITED. This can take several minutes, an email will notify you when this has completed.

chep uk limited Companies House Filings - See Documents

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