robert mcbride ltd

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robert mcbride ltd Company Information

Share ROBERT MCBRIDE LTD

Company Number

00220175

Shareholders

mcbride holdings limited

Group Structure

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Industry

Manufacture of soap and detergents

 +2

Registered Address

middleton way, middleton, manchester, M24 4DP

robert mcbride ltd Estimated Valuation

£262.1m

Pomanda estimates the enterprise value of ROBERT MCBRIDE LTD at £262.1m based on a Turnover of £194.6m and 1.35x industry multiple (adjusted for size and gross margin).

robert mcbride ltd Estimated Valuation

£252.5m

Pomanda estimates the enterprise value of ROBERT MCBRIDE LTD at £252.5m based on an EBITDA of £29.1m and a 8.68x industry multiple (adjusted for size and gross margin).

robert mcbride ltd Estimated Valuation

£10.5m

Pomanda estimates the enterprise value of ROBERT MCBRIDE LTD at £10.5m based on Net Assets of £4.9m and 2.16x industry multiple (adjusted for liquidity).

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Robert Mcbride Ltd Overview

Robert Mcbride Ltd is a live company located in manchester, M24 4DP with a Companies House number of 00220175. It operates in the manufacture of soap and detergents sector, SIC Code 20411. Founded in March 1927, it's largest shareholder is mcbride holdings limited with a 100% stake. Robert Mcbride Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £194.6m with healthy growth in recent years.

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Robert Mcbride Ltd Health Check

Pomanda's financial health check has awarded Robert Mcbride Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

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Health Rating5out of 5
positive_score

8 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £194.6m, make it larger than the average company (£34.7m)

£194.6m - Robert Mcbride Ltd

£34.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.5%)

13% - Robert Mcbride Ltd

7.5% - Industry AVG

production

Production

with a gross margin of 33.3%, this company has a comparable cost of product (33.8%)

33.3% - Robert Mcbride Ltd

33.8% - Industry AVG

profitability

Profitability

an operating margin of 12.5% make it more profitable than the average company (6.7%)

12.5% - Robert Mcbride Ltd

6.7% - Industry AVG

employees

Employees

with 527 employees, this is above the industry average (123)

527 - Robert Mcbride Ltd

123 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.2k, the company has a higher pay structure (£44.6k)

£55.2k - Robert Mcbride Ltd

£44.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £369.3k, this is more efficient (£227.8k)

£369.3k - Robert Mcbride Ltd

£227.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is earlier than average (53 days)

35 days - Robert Mcbride Ltd

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 76 days, this is slower than average (47 days)

76 days - Robert Mcbride Ltd

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 38 days, this is less than average (80 days)

38 days - Robert Mcbride Ltd

80 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)

2 weeks - Robert Mcbride Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.5%, this is a higher level of debt than the average (49.9%)

95.5% - Robert Mcbride Ltd

49.9% - Industry AVG

ROBERT MCBRIDE LTD financials

EXPORTms excel logo

Robert Mcbride Ltd's latest turnover from June 2024 is £194.6 million and the company has net assets of £4.9 million. According to their latest financial statements, Robert Mcbride Ltd has 527 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover194,619,000188,849,000151,293,000135,921,000131,208,000173,006,000220,851,000212,316,000227,656,000253,819,000267,939,000298,278,000315,222,000310,731,000320,291,000
Other Income Or Grants
Cost Of Sales129,905,000140,534,000115,433,00097,435,00091,344,000123,759,000153,598,000136,211,000141,031,000165,580,000184,574,000207,356,000218,788,000214,803,000211,406,000
Gross Profit64,714,00048,315,00035,860,00038,486,00039,864,00049,247,00067,253,00076,105,00086,625,00088,239,00083,365,00090,922,00096,434,00095,928,000108,885,000
Admin Expenses40,493,00059,169,00057,436,00035,089,00039,616,00045,356,00065,412,00058,905,00074,988,00078,324,000107,939,00085,222,00089,400,00099,912,00098,496,000
Operating Profit24,221,000-10,854,000-21,576,0003,397,000248,0003,891,0001,841,00017,200,00011,637,0009,915,000-24,574,0005,700,0007,034,000-3,984,00010,389,000
Interest Payable8,980,0005,989,0003,813,0002,922,0004,971,0005,048,000449,0004,846,0005,549,0005,842,0005,971,0005,329,0005,660,0005,410,000383,000
Interest Receivable4,807,0004,635,0002,420,0002,836,0003,302,0004,430,0003,576,0003,688,0004,072,0004,126,0004,945,0004,025,0004,925,0004,234,0001,000
Pre-Tax Profit20,048,000-12,208,000-22,969,0001,870,000-8,695,000-468,0001,030,00016,165,00010,733,0008,199,000-25,600,0004,396,0006,299,000-5,160,0009,942,000
Tax-6,415,0002,746,0007,150,000-178,0001,410,000-2,635,000-15,822,000-8,207,000-7,691,000-4,670,000530,000-1,073,000-76,000792,000-4,137,000
Profit After Tax13,633,000-9,462,000-15,819,0001,692,000-7,285,000-3,103,000-14,792,0007,958,0003,042,0003,529,000-25,070,0003,323,0006,223,000-4,368,0005,805,000
Dividends Paid5,000,000
Retained Profit13,633,000-9,462,000-15,819,0001,692,000-7,285,000-3,103,000-14,792,0007,958,0003,042,0003,529,000-25,070,0003,323,0006,223,000-9,368,0005,805,000
Employee Costs29,081,00027,489,00024,095,00022,011,00027,515,00035,422,00043,038,00042,709,00049,692,00050,781,00054,778,00055,417,00058,326,00061,224,00061,928,000
Number Of Employees5274954885136696976881,1691,2951,5551,7041,8641,9862,1771,462
EBITDA*29,075,000-5,157,000-15,234,0009,887,0006,425,0009,753,0008,232,00024,862,00019,788,00018,155,000-14,413,00016,668,00019,871,00011,072,00024,914,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets11,415,00013,521,00017,322,00021,297,00025,494,00026,652,00028,346,00041,250,00046,182,00050,990,00047,599,00061,110,00063,702,00063,324,00066,807,000
Intangible Assets11,616,0007,132,0006,536,0006,618,0005,918,0005,793,0005,326,0004,977,0002,850,0002,241,0002,210,0007,790,0008,754,00011,978,00017,395,000
Investments & Other5,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,0005,618,000
Debtors (Due After 1 year)
Total Fixed Assets28,649,00026,271,00029,476,00033,533,00037,030,00038,063,00039,290,00051,845,00054,650,00058,849,00055,427,00074,518,00078,074,00080,920,00089,820,000
Stock & work in progress13,650,00015,694,00014,489,00011,989,00015,936,00016,211,00017,325,00021,025,00019,862,00021,534,00020,829,00028,824,00025,541,00029,270,00026,398,000
Trade Debtors19,111,00018,667,00025,432,00015,034,00019,952,00025,106,00032,982,00030,125,00027,029,00032,743,00034,503,00038,774,00040,430,00043,772,00044,115,000
Group Debtors15,435,00053,166,00039,410,00046,045,00047,000,00047,298,00055,007,00038,764,00012,836,0006,185,00023,096,00010,080,0007,755,0009,459,0001,385,000
Misc Debtors28,233,00034,076,00026,104,00023,282,00020,416,00016,052,00017,462,00016,291,00016,498,00017,551,00014,117,0009,313,0008,823,0005,404,0003,617,000
Cash3,647,000137,00061,0002,944,0002,065,000630,0006,231,00010,811,00015,128,000708,000502,000829,000
misc current assets6,447,000415,000
total current assets80,076,000121,603,000105,572,00096,350,000103,365,000107,611,000131,288,000106,835,00082,456,00088,824,000107,673,00086,991,00083,672,00088,407,00076,344,000
total assets108,725,000147,874,000135,048,000129,883,000140,395,000145,674,000170,578,000158,680,000137,106,000147,673,000163,100,000161,509,000161,746,000169,327,000166,164,000
Bank overdraft14,462,00056,021,00020,067,00010,749,00013,586,00017,907,00022,592,00016,878,00013,798,00022,029,00020,726,00017,469,00021,252,00023,975,0008,759,000
Bank loan
Trade Creditors 27,196,00027,129,00024,508,00020,355,00024,337,00031,032,00044,200,00036,471,00033,490,00037,920,00041,506,00048,922,00049,387,00052,403,00047,687,000
Group/Directors Accounts20,798,00021,971,00010,339,00020,910,00039,827,00054,747,00052,356,00037,392,00029,289,00020,599,00038,849,00015,008,00011,217,00013,699,00010,734,000
other short term finances228,000242,00011,000199,000138,00069,00095,0001,240,000
hp & lease commitments386,000782,0001,208,0001,431,0001,745,000
other current liabilities11,293,00010,203,00017,430,0006,234,00011,018,00010,284,00013,687,00014,722,00013,197,00021,880,00020,212,00017,149,00018,848,00019,623,00022,197,000
total current liabilities74,363,000116,348,00073,563,00059,878,00090,513,000113,970,000132,973,000105,532,00089,869,000103,668,000121,293,00098,548,000100,704,000109,700,00089,377,000
loans275,0009,770,00028,965,00014,259,00010,408,0008,000,000
hp & lease commitments1,405,000492,0001,123,0002,177,0002,753,000
Accruals and Deferred Income
other liabilities
provisions316,0001,817,0002,366,0002,467,0006,785,0003,927,0004,333,000905,0001,065,0002,385,0006,472,000578,000968,0004,709,0003,697,000
total long term liabilities29,509,00036,759,00046,738,00048,197,00048,327,00032,027,00033,069,00040,893,00032,187,00032,114,00029,244,00019,211,00014,560,00015,220,00026,906,000
total liabilities103,872,000153,107,000120,301,000108,075,000138,840,000145,997,000166,042,000146,425,000122,056,000135,782,000150,537,000117,759,000115,264,000124,920,000116,283,000
net assets4,853,000-5,233,00014,747,00021,808,0001,555,000-323,0004,536,00012,255,00015,050,00011,891,00012,563,00043,750,00046,482,00044,407,00049,881,000
total shareholders funds4,853,000-5,233,00014,747,00021,808,0001,555,000-323,0004,536,00012,255,00015,050,00011,891,00012,563,00043,750,00046,482,00044,407,00049,881,000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit24,221,000-10,854,000-21,576,0003,397,000248,0003,891,0001,841,00017,200,00011,637,0009,915,000-24,574,0005,700,0007,034,000-3,984,00010,389,000
Depreciation3,258,0003,820,0004,586,0004,955,0004,799,0004,746,0005,601,0006,988,0007,390,0007,214,0008,452,0008,777,0008,511,0009,099,0008,958,000
Amortisation1,596,0001,877,0001,756,0001,535,0001,378,0001,116,000790,000674,000761,0001,026,0001,709,0002,191,0004,326,0005,957,0005,567,000
Tax-6,415,0002,746,0007,150,000-178,0001,410,000-2,635,000-15,822,000-8,207,000-7,691,000-4,670,000530,000-1,073,000-76,000792,000-4,137,000
Stock-2,044,0001,205,0002,500,000-3,947,000-275,000-1,114,000-3,700,0001,163,000-1,672,000705,000-7,995,0003,283,000-3,729,0002,872,00026,398,000
Debtors-43,130,00014,963,0006,585,000-3,007,000-1,088,000-16,995,00020,271,00028,817,000-116,000-15,237,00013,549,0001,159,000-1,627,0009,518,00049,117,000
Creditors67,0002,621,0004,153,000-3,982,000-6,695,000-13,168,0007,729,0002,981,000-4,430,000-3,586,000-7,416,000-465,000-3,016,0004,716,00047,687,000
Accruals and Deferred Income1,090,000-7,227,00011,196,000-4,784,000734,000-3,403,000-1,035,0001,525,000-8,683,0001,668,0003,063,000-1,699,000-775,000-2,574,00022,197,000
Deferred Taxes & Provisions-1,501,000-549,000-101,000-4,318,0002,858,000-406,0003,428,000-160,000-1,320,000-4,087,0005,894,000-390,000-3,741,0001,012,0003,697,000
Cash flow from operations67,490,000-23,734,000-1,921,0003,579,0006,095,0008,250,000-14,039,000-8,979,000-548,00022,012,000-17,896,0008,599,00017,619,0002,628,00018,843,000
Investing Activities
capital expenditure-7,232,000-2,492,000-2,285,000-2,993,000-5,144,000-4,635,0006,164,000-4,857,000-3,952,000-11,662,0008,930,000-7,412,000-9,991,000-6,156,000-98,727,000
Change in Investments5,618,000
cash flow from investments-7,232,000-2,492,000-2,285,000-2,993,000-5,144,000-4,635,0006,164,000-4,857,000-3,952,000-11,662,0008,930,000-7,412,000-9,991,000-6,156,000-104,345,000
Financing Activities
Bank loans
Group/Directors Accounts-1,173,00011,632,000-10,571,000-18,917,000-14,920,0002,391,00014,964,0008,103,0008,690,000-18,250,00023,841,0003,791,000-2,482,0002,965,00010,734,000
Other Short Term Loans -14,000231,000-188,000199,000-138,00069,000-26,000-1,145,0001,240,000
Long term loans-9,495,000-19,195,00014,706,0003,851,00010,408,000-8,000,0008,000,000
Hire Purchase and Lease Commitments517,000-1,057,000-1,277,000-890,0004,498,000
other long term liabilities
share issue-3,547,000-10,518,0008,758,00018,561,0009,163,000-1,756,0007,073,000-10,753,000117,000-4,201,000-6,117,000-6,055,000-4,148,0003,894,00044,076,000
interest-4,173,000-1,354,000-1,393,000-86,000-1,669,000-618,0003,127,000-1,158,000-1,477,000-1,716,000-1,026,000-1,304,000-735,000-1,176,000-382,000
cash flow from financing-17,885,000-20,261,00010,035,0002,718,0007,480,000-121,00025,233,000-3,834,0006,185,000-22,927,00016,698,000-3,568,000-7,365,000-2,317,00062,428,000
cash and cash equivalents
cash3,647,000-137,000137,000-61,000-2,883,000879,0001,435,000-5,601,000-4,580,000-4,317,00015,128,000-708,000206,000-327,000829,000
overdraft-41,559,00035,954,0009,318,000-2,837,000-4,321,000-4,685,0005,714,0003,080,000-8,231,0001,303,0003,257,000-3,783,000-2,723,00015,216,0008,759,000
change in cash45,206,000-36,091,000-9,181,0002,776,0001,438,0005,564,000-4,279,000-8,681,0003,651,000-5,620,00011,871,0003,075,0002,929,000-15,543,000-7,930,000

robert mcbride ltd 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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Robert Mcbride Ltd Competitor Analysis

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Perform a competitor analysis for robert mcbride ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in M24 area or any other competitors across 12 key performance metrics.

robert mcbride ltd directors

Robert Mcbride Ltd currently has 3 directors. The longest serving directors include Mr Christopher Smith (Feb 2015) and Mr Mark Strickland (Jun 2021).

officercountryagestartendrole
Mr Christopher SmithUnited Kingdom61 years Feb 2015- Director
Mr Mark StricklandUnited Kingdom63 years Jun 2021- Director
Mr Peter Ingelse61 years Sep 2021- Director

P&L

June 2024

turnover

194.6m

+3%

operating profit

24.2m

-323%

gross margin

33.3%

+29.97%

turnover

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

Balance Sheet

June 2024

net assets

4.9m

-1.93%

total assets

108.7m

-0.26%

cash

3.6m

0%

net assets

Total assets minus all liabilities

robert mcbride ltd company details

company number

00220175

Type

Private limited with Share Capital

industry

20412 - Manufacture of cleaning and polishing preparations

20411 - Manufacture of soap and detergents

20420 - Manufacture of perfumes and toilet preparations

incorporation date

March 1927

age

98

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

June 2024

previous names

robert mcbride group limited(the) (March 1994)

robert mcbride (holdings) limited. (January 1987)

accountant

-

auditor

-

address

middleton way, middleton, manchester, M24 4DP

Bank

-

Legal Advisor

-

robert mcbride ltd 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 9 charges/mortgages relating to robert mcbride ltd. Currently there are 1 open charges and 8 have been satisfied in the past.

robert mcbride ltd 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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robert mcbride ltd Companies House Filings - See Documents

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