novelis uk ltd
novelis uk ltd Company Information
Company Number
00279596
Next Accounts
Dec 2025
Shareholders
novelis europe holdings limited
Group Structure
View All
Industry
Cold rolling of narrow strip
Registered Address
latchford locks works, thelwall lane, warrington, cheshire, WA4 1NN
Website
www.novelisrecycling.co.uknovelis uk ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVELIS UK LTD at £177.9m based on a Turnover of £401.4m and 0.44x industry multiple (adjusted for size and gross margin).
novelis uk ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVELIS UK LTD at £169.9m based on an EBITDA of £30.3m and a 5.6x industry multiple (adjusted for size and gross margin).
novelis uk ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVELIS UK LTD at £355.3m based on Net Assets of £308.4m and 1.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Novelis Uk Ltd Overview
Novelis Uk Ltd is a live company located in warrington, WA4 1NN with a Companies House number of 00279596. It operates in the cold rolling of narrow strip sector, SIC Code 24320. Founded in September 1933, it's largest shareholder is novelis europe holdings limited with a 100% stake. Novelis Uk Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £401.4m with healthy growth in recent years.
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Novelis Uk Ltd Health Check
Pomanda's financial health check has awarded Novelis Uk Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £401.4m, make it larger than the average company (£85.6m)
£401.4m - Novelis Uk Ltd
£85.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (12%)
12% - Novelis Uk Ltd
12% - Industry AVG
Production
with a gross margin of 5.5%, this company has a higher cost of product (19.7%)
5.5% - Novelis Uk Ltd
19.7% - Industry AVG
Profitability
an operating margin of 6% make it less profitable than the average company (10.1%)
6% - Novelis Uk Ltd
10.1% - Industry AVG
Employees
with 204 employees, this is similar to the industry average (182)
204 - Novelis Uk Ltd
182 - Industry AVG
Pay Structure
on an average salary of £60.4k, the company has an equivalent pay structure (£51.6k)
£60.4k - Novelis Uk Ltd
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £2m, this is more efficient (£431.1k)
£2m - Novelis Uk Ltd
£431.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (53 days)
0 days - Novelis Uk Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is close to average (40 days)
40 days - Novelis Uk Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (25 days)
14 days - Novelis Uk Ltd
25 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Novelis Uk Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (33.6%)
21.9% - Novelis Uk Ltd
33.6% - Industry AVG
NOVELIS UK LTD financials
Novelis Uk Ltd's latest turnover from March 2024 is £401.4 million and the company has net assets of £308.4 million. According to their latest financial statements, Novelis Uk Ltd has 204 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 401,391,000 | 500,296,000 | 466,042,000 | 284,745,000 | 371,197,000 | 435,761,000 | 458,848,000 | 388,093,000 | 340,482,000 | 360,602,000 | 267,924,000 | 194,681,000 | 201,686,000 | 289,398,000 | 248,928,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 379,515,000 | 465,380,000 | 424,606,000 | 273,352,000 | 357,681,000 | 418,930,000 | 442,494,000 | 364,317,000 | 329,196,000 | 332,422,000 | 253,629,000 | 187,764,000 | 191,104,000 | 265,848,000 | 225,109,000 |
| Gross Profit | 21,876,000 | 34,916,000 | 41,436,000 | 11,393,000 | 13,516,000 | 16,831,000 | 16,354,000 | 23,776,000 | 11,286,000 | 28,180,000 | 14,295,000 | 6,917,000 | 10,582,000 | 23,550,000 | 23,819,000 |
| Admin Expenses | 5,727,000 | 950,000 | 6,148,000 | 6,285,000 | 25,562,000 | ||||||||||
| Operating Profit | 8,568,000 | 5,967,000 | 4,434,000 | 17,265,000 | -1,743,000 | ||||||||||
| Interest Payable | 59,000 | 60,000 | 494,000 | 66,000 | 421,000 | 705,000 | 426,000 | 386,000 | 581,000 | 817,000 | 16,940,000 | 54,000 | 218,000 | 122,000 | 51,000 |
| Interest Receivable | 7,079,000 | 2,774,000 | 8,540,000 | 11,000 | 61,000 | 3,000 | |||||||||
| Pre-Tax Profit | 24,861,000 | 29,600,000 | 29,770,000 | 6,924,000 | 11,022,000 | 10,338,000 | 2,962,000 | 13,396,000 | 6,207,000 | 26,925,000 | 8,441,000 | 5,500,000 | 21,655,000 | 11,176,000 | -1,640,000 |
| Tax | -6,896,000 | -5,956,000 | -4,675,000 | -1,607,000 | -829,000 | -2,778,000 | -538,000 | -3,356,000 | -880,000 | -6,167,000 | -5,512,000 | 24,828,000 | -7,988,000 | ||
| Profit After Tax | 17,965,000 | 23,644,000 | 25,095,000 | 5,317,000 | 10,193,000 | 7,560,000 | 2,424,000 | 10,040,000 | 5,327,000 | 20,758,000 | 2,929,000 | 30,328,000 | 13,667,000 | 11,176,000 | -1,640,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 17,965,000 | 23,644,000 | 25,095,000 | 5,317,000 | 10,193,000 | 7,560,000 | 2,424,000 | 10,040,000 | 5,327,000 | 20,758,000 | 2,929,000 | 30,328,000 | 13,667,000 | 11,176,000 | -1,640,000 |
| Employee Costs | 12,325,000 | 12,331,000 | 11,548,000 | 10,591,000 | 12,550,000 | 12,762,000 | 10,489,000 | 10,318,000 | 10,331,000 | 8,020,000 | 8,282,000 | 8,331,000 | 10,433,000 | 23,026,000 | 18,464,000 |
| Number Of Employees | 204 | 205 | 202 | 207 | 220 | 218 | 216 | 207 | 213 | 210 | 178 | 155 | 171 | 468 | 572 |
| EBITDA* | 11,384,000 | 8,242,000 | 6,051,000 | 19,587,000 | 3,662,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 36,300,000 | 34,802,000 | 31,804,000 | 33,088,000 | 153,515,000 | 151,215,000 | 149,476,000 | 160,143,000 | 24,024,000 | 23,793,000 | 20,936,000 | 14,698,000 | 12,068,000 | 15,799,000 | 16,515,000 |
| Intangible Assets | -713,000 | -1,428,000 | -2,143,000 | -2,858,000 | -3,573,000 | ||||||||||
| Investments & Other | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,188,000 | 124,104,000 | 7,000 | |||
| Debtors (Due After 1 year) | 40,000,000 | 4,000 | 4,000 | 4,000 | 8,000 | 17,000 | 17,000 | 10,607,000 | 16,115,000 | 16,379,000 | 18,924,000 | 22,774,000 | |||
| Total Fixed Assets | 200,488,000 | 158,994,000 | 155,996,000 | 157,280,000 | 153,515,000 | 151,215,000 | 149,476,000 | 160,143,000 | 164,327,000 | 164,360,000 | 163,251,000 | 36,051,000 | 9,925,000 | 12,941,000 | 12,942,000 |
| Stock & work in progress | 15,324,000 | 15,102,000 | 23,347,000 | 24,464,000 | 21,535,000 | 17,263,000 | 26,842,000 | 24,516,000 | 17,064,000 | 23,042,000 | 20,334,000 | 16,108,000 | 11,895,000 | 18,654,000 | 19,097,000 |
| Trade Debtors | 288,000 | 434,000 | 5,417,000 | 8,159,000 | 10,753,000 | 17,386,000 | 17,175,000 | 30,725,000 | 30,763,000 | 15,030,000 | 10,213,000 | 18,097,000 | 18,181,000 | ||
| Group Debtors | 170,010,000 | 201,868,000 | 216,783,000 | 140,459,000 | 130,501,000 | 131,867,000 | 120,910,000 | 108,049,000 | 79,479,000 | 60,420,000 | 28,390,000 | 41,191,000 | 39,841,000 | 46,038,000 | 35,569,000 |
| Misc Debtors | 8,712,000 | 9,860,000 | 13,004,000 | 19,877,000 | 14,119,000 | 19,299,000 | 23,448,000 | 13,846,000 | 12,617,000 | 9,448,000 | 12,818,000 | 8,412,000 | 7,743,000 | 11,461,000 | 9,650,000 |
| Cash | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,266,000 | 1,255,000 | 2,271,000 | 3,013,000 | 2,810,000 | ||
| misc current assets | 1,226,000 | 6,591,000 | 10,944,000 | ||||||||||||
| total current assets | 194,334,000 | 228,490,000 | 260,725,000 | 185,800,000 | 183,516,000 | 177,588,000 | 182,953,000 | 164,797,000 | 127,335,000 | 124,635,000 | 93,571,000 | 81,996,000 | 71,963,000 | 97,263,000 | 85,307,000 |
| total assets | 394,822,000 | 387,484,000 | 416,721,000 | 343,080,000 | 337,031,000 | 328,803,000 | 332,429,000 | 324,940,000 | 291,662,000 | 288,995,000 | 256,822,000 | 118,047,000 | 81,888,000 | 110,204,000 | 98,249,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 42,006,000 | 53,007,000 | 72,871,000 | 47,437,000 | 34,995,000 | 31,258,000 | 46,963,000 | 49,034,000 | 39,402,000 | 26,337,000 | 28,076,000 | 14,105,000 | 9,060,000 | 15,952,000 | 17,512,000 |
| Group/Directors Accounts | 4,421,000 | 5,967,000 | 21,807,000 | 16,395,000 | 6,844,000 | 19,003,000 | 15,124,000 | 11,732,000 | 4,772,000 | 21,673,000 | 22,857,000 | ||||
| other short term finances | 75,000 | 1,053,000 | 272,000 | 449,000 | 568,000 | 4,996,000 | 7,326,000 | 1,029,000 | 1,325,000 | 224,000 | |||||
| hp & lease commitments | 857,000 | 857,000 | 857,000 | 962,000 | 114,000 | 230,000 | 269,000 | 233,000 | 233,000 | ||||||
| other current liabilities | 34,355,000 | 31,031,000 | 43,574,000 | 25,409,000 | 47,594,000 | 53,300,000 | 44,499,000 | 42,669,000 | 20,893,000 | 23,809,000 | 13,680,000 | 17,142,000 | 17,477,000 | 9,231,000 | 10,245,000 |
| total current liabilities | 81,714,000 | 91,915,000 | 139,381,000 | 90,652,000 | 83,157,000 | 89,554,000 | 98,788,000 | 92,732,000 | 68,464,000 | 69,487,000 | 57,110,000 | 43,248,000 | 31,542,000 | 47,089,000 | 50,614,000 |
| loans | 34,021,000 | ||||||||||||||
| hp & lease commitments | 396,000 | 1,408,000 | 2,848,000 | 3,576,000 | 120,000 | 350,000 | 580,000 | 813,000 | |||||||
| Accruals and Deferred Income | 342,000 | 357,000 | |||||||||||||
| other liabilities | 47,000 | ||||||||||||||
| provisions | 416,000 | 33,000 | 87,000 | 87,000 | 182,000 | 16,128,000 | 28,372,000 | 24,722,000 | 249,000 | 45,000 | 85,000 | 218,000 | 696,000 | 22,264,000 | 15,818,000 |
| total long term liabilities | 4,714,000 | 1,441,000 | 2,982,000 | 11,918,000 | 91,000 | 8,064,000 | 14,186,000 | 12,361,000 | 10,802,000 | 10,939,000 | 13,799,000 | 13,232,000 | 16,698,000 | 29,346,000 | 65,846,000 |
| total liabilities | 86,428,000 | 93,356,000 | 142,363,000 | 102,570,000 | 83,248,000 | 97,618,000 | 112,974,000 | 105,093,000 | 79,266,000 | 80,426,000 | 70,909,000 | 56,480,000 | 48,240,000 | 76,435,000 | 116,460,000 |
| net assets | 308,394,000 | 294,128,000 | 274,358,000 | 240,510,000 | 253,783,000 | 231,185,000 | 219,455,000 | 219,847,000 | 212,396,000 | 208,569,000 | 185,913,000 | 61,567,000 | 33,648,000 | 33,769,000 | -18,211,000 |
| total shareholders funds | 308,394,000 | 294,128,000 | 274,358,000 | 240,510,000 | 253,783,000 | 231,185,000 | 219,455,000 | 219,847,000 | 212,396,000 | 208,569,000 | 185,913,000 | 61,567,000 | 33,648,000 | 33,769,000 | -18,211,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 8,568,000 | 5,967,000 | 4,434,000 | 17,265,000 | -1,743,000 | ||||||||||
| Depreciation | 6,331,000 | 5,137,000 | 4,471,000 | 4,139,000 | 2,932,000 | 2,834,000 | 2,573,000 | 2,370,000 | 2,279,000 | 2,299,000 | 2,101,000 | 1,560,000 | 902,000 | 1,607,000 | 4,690,000 |
| Amortisation | 713,000 | 715,000 | 715,000 | 715,000 | 715,000 | 715,000 | |||||||||
| Tax | -6,896,000 | -5,956,000 | -4,675,000 | -1,607,000 | -829,000 | -2,778,000 | -538,000 | -3,356,000 | -880,000 | -6,167,000 | -5,512,000 | 24,828,000 | -7,988,000 | ||
| Stock | 222,000 | -8,245,000 | -1,117,000 | 2,929,000 | 4,272,000 | -9,579,000 | 2,326,000 | 7,452,000 | -5,978,000 | 2,708,000 | 4,226,000 | 4,213,000 | -6,759,000 | -443,000 | 19,097,000 |
| Debtors | 6,844,000 | -17,625,000 | 69,451,000 | 10,295,000 | -9,297,000 | 4,214,000 | 5,240,000 | 24,502,000 | 8,414,000 | 26,077,000 | 3,488,000 | 29,610,000 | -17,799,000 | 12,196,000 | 63,400,000 |
| Creditors | -11,001,000 | -19,864,000 | 25,434,000 | 12,442,000 | 3,737,000 | -15,705,000 | -2,071,000 | 9,632,000 | 13,065,000 | -1,739,000 | 13,971,000 | 5,045,000 | -6,892,000 | -1,560,000 | 17,512,000 |
| Accruals and Deferred Income | 3,324,000 | -12,543,000 | 18,165,000 | -22,185,000 | -5,706,000 | 8,801,000 | 1,830,000 | 21,776,000 | -2,916,000 | 10,129,000 | -3,462,000 | -335,000 | 7,904,000 | -1,029,000 | 10,602,000 |
| Deferred Taxes & Provisions | 383,000 | -54,000 | -95,000 | -15,946,000 | -12,244,000 | 3,650,000 | 24,473,000 | 204,000 | -40,000 | -133,000 | -478,000 | -21,568,000 | 6,446,000 | 15,818,000 | |
| Cash flow from operations | 8,534,000 | 3,479,000 | 2,065,000 | 11,691,000 | -34,903,000 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 84,000 | 124,097,000 | 7,000 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,546,000 | -15,840,000 | 5,412,000 | 16,395,000 | -6,844,000 | -12,159,000 | 3,879,000 | 3,392,000 | 6,960,000 | -16,901,000 | -1,184,000 | 22,857,000 | |||
| Other Short Term Loans | -978,000 | 781,000 | -177,000 | -119,000 | -4,428,000 | -2,330,000 | 6,297,000 | -296,000 | 1,101,000 | 224,000 | |||||
| Long term loans | -34,021,000 | 34,021,000 | |||||||||||||
| Hire Purchase and Lease Commitments | -1,012,000 | -1,440,000 | -833,000 | 4,538,000 | -114,000 | -236,000 | -269,000 | -194,000 | -233,000 | 1,046,000 | |||||
| other long term liabilities | -47,000 | 47,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 7,020,000 | 2,714,000 | -494,000 | -66,000 | -421,000 | -705,000 | -426,000 | -386,000 | -581,000 | -817,000 | -8,400,000 | -43,000 | -157,000 | -119,000 | -51,000 |
| cash flow from financing | -215,000 | -17,706,000 | 12,708,000 | 2,158,000 | 7,556,000 | 1,135,000 | 3,055,000 | -10,115,000 | -13,253,000 | 4,948,000 | 116,140,000 | 4,314,000 | -31,079,000 | 6,526,000 | 40,256,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,000,000 | -266,000 | 11,000 | -1,016,000 | -742,000 | 203,000 | 2,810,000 | ||||||||
| overdraft | |||||||||||||||
| change in cash | -1,000,000 | -266,000 | 11,000 | -1,016,000 | -742,000 | 203,000 | 2,810,000 |
novelis uk ltd Credit Report and Business Information
Novelis Uk Ltd Competitor Analysis
Perform a competitor analysis for novelis uk ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in WA4 area or any other competitors across 12 key performance metrics.
novelis uk ltd Ownership
NOVELIS UK LTD group structure
Novelis Uk Ltd has 1 subsidiary company.
Ultimate parent company
HINDALCO INDUSTRIES LTD
#0063065
2 parents
NOVELIS UK LTD
00279596
1 subsidiary
novelis uk ltd directors
Novelis Uk Ltd currently has 2 directors. The longest serving directors include Mr Allan Sweeney (Dec 2020) and Ms Karin Ingber (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Allan Sweeney | United Kingdom | 50 years | Dec 2020 | - | Director |
| Ms Karin Ingber | Switzerland | 39 years | Aug 2024 | - | Director |
P&L
March 2024turnover
401.4m
-20%
operating profit
24m
0%
gross margin
5.5%
-21.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
308.4m
+0.05%
total assets
394.8m
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
novelis uk ltd company details
company number
00279596
Type
Private limited with Share Capital
industry
24320 - Cold rolling of narrow strip
incorporation date
September 1933
age
92
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
alcan packaging bridgnorth ltd (January 2005)
lawson mardon star ltd. (January 2003)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
latchford locks works, thelwall lane, warrington, cheshire, WA4 1NN
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
novelis uk 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 32 charges/mortgages relating to novelis uk ltd. Currently there are 16 open charges and 16 have been satisfied in the past.
novelis uk 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.
Click to start generating capital raising & share issue transactions for NOVELIS UK LTD. This can take several minutes, an email will notify you when this has completed.
novelis uk ltd Companies House Filings - See Documents
| date | description | view/download |
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