climax molybdenum u.k. limited

climax molybdenum u.k. limited Company Information

Share CLIMAX MOLYBDENUM U.K. LIMITED
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Company Number

00359564

Industry

Manufacture of other inorganic basic chemicals

 

Shareholders

ametalco ltd

douglas n. corrault ii

Group Structure

View All

Contact

Registered Address

needham road,, stowmarket,, suffolk, IP14 2AE

climax molybdenum u.k. limited Estimated Valuation

£21.1m

Pomanda estimates the enterprise value of CLIMAX MOLYBDENUM U.K. LIMITED at £21.1m based on a Turnover of £25m and 0.85x industry multiple (adjusted for size and gross margin).

climax molybdenum u.k. limited Estimated Valuation

£17m

Pomanda estimates the enterprise value of CLIMAX MOLYBDENUM U.K. LIMITED at £17m based on an EBITDA of £2.6m and a 6.41x industry multiple (adjusted for size and gross margin).

climax molybdenum u.k. limited Estimated Valuation

£41.5m

Pomanda estimates the enterprise value of CLIMAX MOLYBDENUM U.K. LIMITED at £41.5m based on Net Assets of £22.2m and 1.87x industry multiple (adjusted for liquidity).

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Climax Molybdenum U.k. Limited Overview

Climax Molybdenum U.k. Limited is a live company located in suffolk, IP14 2AE with a Companies House number of 00359564. It operates in the manufacture of other inorganic basic chemicals sector, SIC Code 20130. Founded in February 1940, it's largest shareholder is ametalco ltd with a 100% stake. Climax Molybdenum U.k. Limited is a mature, large sized company, Pomanda has estimated its turnover at £25m with rapid growth in recent years.

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Climax Molybdenum U.k. Limited Health Check

Pomanda's financial health check has awarded Climax Molybdenum U.K. Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £25m, make it smaller than the average company (£39.7m)

£25m - Climax Molybdenum U.k. Limited

£39.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (8.7%)

53% - Climax Molybdenum U.k. Limited

8.7% - Industry AVG

production

Production

with a gross margin of 30.2%, this company has a lower cost of product (23.3%)

30.2% - Climax Molybdenum U.k. Limited

23.3% - Industry AVG

profitability

Profitability

an operating margin of 8.7% make it more profitable than the average company (6.1%)

8.7% - Climax Molybdenum U.k. Limited

6.1% - Industry AVG

employees

Employees

with 78 employees, this is similar to the industry average (93)

78 - Climax Molybdenum U.k. Limited

93 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.4k, the company has an equivalent pay structure (£62.9k)

£58.4k - Climax Molybdenum U.k. Limited

£62.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £320.5k, this is less efficient (£407k)

£320.5k - Climax Molybdenum U.k. Limited

£407k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Climax Molybdenum U.k. Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (34 days)

21 days - Climax Molybdenum U.k. Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 51 days, this is in line with average (52 days)

51 days - Climax Molybdenum U.k. Limited

52 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (10 weeks)

18 weeks - Climax Molybdenum U.k. Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.6%, this is a lower level of debt than the average (48.8%)

17.6% - Climax Molybdenum U.k. Limited

48.8% - Industry AVG

CLIMAX MOLYBDENUM U.K. LIMITED financials

EXPORTms excel logo

Climax Molybdenum U.K. Limited's latest turnover from December 2023 is £25 million and the company has net assets of £22.2 million. According to their latest financial statements, Climax Molybdenum U.K. Limited has 78 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover25,002,00019,782,00018,034,0006,982,00012,676,00013,526,00013,740,00010,279,00013,543,00015,320,00015,350,00018,161,00016,344,00011,607,0008,104,000
Other Income Or Grants000000000000000
Cost Of Sales17,450,00015,543,00010,902,0007,488,00011,274,00012,966,0009,764,0006,474,0008,201,0008,979,0008,443,0008,827,0009,038,0006,743,0004,600,000
Gross Profit7,552,0004,239,0007,132,000-506,0001,402,000560,0003,976,0003,805,0005,342,0006,341,0006,907,0009,334,0007,306,0004,864,0003,504,000
Admin Expenses5,379,0002,353,0003,451,0004,068,0004,708,0002,100,0006,233,000-3,239,0001,387,0001,169,0003,906,0004,307,0003,173,0001,607,0003,390,000
Operating Profit2,173,0001,886,0003,681,000-4,574,000-3,306,000-1,540,000-2,257,0007,044,0003,955,0005,172,0003,001,0005,027,0004,133,0003,257,000114,000
Interest Payable47,00034,00074,00092,000113,000101,000146,000130,000139,000126,000504,000974,000473,000458,000419,000
Interest Receivable674,000318,000212,000315,000418,000380,000330,000270,000154,000129,000684,000666,000140,000117,000181,000
Pre-Tax Profit2,800,0002,170,0003,819,000-4,351,000-3,001,000-1,261,000-2,073,0007,184,0003,970,0005,175,0003,181,0005,205,0004,307,0003,379,000251,000
Tax-689,000-467,0001,883,000015,00048,000427,000-1,467,000-960,000-1,070,000-786,000-1,236,000-1,159,000-796,0009,000
Profit After Tax2,111,0001,703,0005,702,000-4,351,000-2,986,000-1,213,000-1,646,0005,717,0003,010,0004,105,0002,395,0003,969,0003,148,0002,583,000260,000
Dividends Paid4,000,00000010,000,0000000000000
Retained Profit-1,889,0001,703,0005,702,000-4,351,000-12,986,000-1,213,000-1,646,0005,717,0003,010,0004,105,0002,395,0003,969,0003,148,0002,583,000260,000
Employee Costs4,558,0004,639,0004,547,0003,768,0003,929,0003,579,0003,307,0003,126,0002,935,0002,704,0002,903,0002,919,0003,164,0002,216,0002,054,000
Number Of Employees787876767875747274687375756965
EBITDA*2,648,0002,388,0004,207,000-4,032,000-2,750,000-1,004,000-1,712,0007,639,0004,542,0005,715,0003,494,0005,463,0004,533,0003,618,000509,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,955,0003,641,0003,619,0004,007,0004,261,0003,962,0004,175,0003,665,0004,382,0004,733,0003,696,0003,215,0003,024,0002,955,0002,829,000
Intangible Assets000000000000000
Investments & Other1,380,000848,0000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,335,0004,489,0003,619,0004,007,0004,261,0003,962,0004,175,0003,665,0004,382,0004,733,0003,696,0003,215,0003,024,0002,955,0002,829,000
Stock & work in progress2,460,0005,508,0003,326,0003,065,0002,831,0004,527,0002,843,0001,272,0001,475,0001,560,0001,771,0001,216,0001,487,000979,000678,000
Trade Debtors0022,000170,000266,000257,00026,000261,000325,00071,000112,000290,00049,00018,0008,000
Group Debtors17,098,00017,066,00018,043,00012,892,00016,245,00029,788,00032,539,00037,381,00030,050,00025,559,00022,010,00020,716,00017,854,00014,363,00013,019,000
Misc Debtors786,0001,409,0001,915,000587,000508,0001,139,0001,282,000970,000699,000754,000249,000174,000143,000159,000346,000
Cash1,223,000852,000858,0002,172,0003,287,0001,383,0001,584,000911,0001,529,0003,426,0002,037,0001,990,0001,530,0001,741,000221,000
misc current assets000000000000000
total current assets21,567,00024,835,00024,164,00018,886,00023,137,00037,094,00038,274,00040,795,00034,078,00031,370,00026,179,00024,386,00021,063,00017,260,00014,272,000
total assets26,902,00029,324,00027,783,00022,893,00027,398,00041,056,00042,449,00044,460,00038,460,00036,103,00029,875,00027,601,00024,087,00020,215,00017,101,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,028,000950,000980,000504,000479,000931,000945,000434,000509,000705,000931,000615,000789,000463,000155,000
Group/Directors Accounts1,514,0002,163,0002,087,0002,080,0002,073,0002,030,0001,951,0001,959,0001,861,000484,000412,000169,000169,000169,000169,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities966,000868,000696,000684,000775,000575,000406,0001,077,000796,000935,000616,000999,0001,022,000752,000309,000
total current liabilities3,508,0003,981,0003,763,0003,268,0003,327,0003,536,0003,302,0003,470,0003,166,0002,124,0001,959,0001,783,0001,980,0001,384,000633,000
loans0000000001,333,0001,333,0001,333,0001,333,0001,333,0001,333,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities57,00021,0000000000000000
provisions1,165,0001,138,0001,636,0001,950,0001,643,0001,144,0001,399,0001,307,000158,000130,000134,000151,000158,000151,000105,000
total long term liabilities1,222,0001,159,0002,178,0005,904,0004,833,0004,277,0004,610,0005,775,0004,148,0005,963,0003,368,0003,546,0003,716,0002,573,0002,690,000
total liabilities4,730,0005,140,0005,941,0009,172,0008,160,0007,813,0007,912,0009,245,0007,314,0008,087,0005,327,0005,329,0005,696,0003,957,0003,323,000
net assets22,172,00024,184,00021,842,00013,721,00019,238,00033,243,00034,537,00035,215,00031,146,00028,016,00024,548,00022,272,00018,391,00016,258,00013,778,000
total shareholders funds22,172,00024,184,00021,842,00013,721,00019,238,00033,243,00034,537,00035,215,00031,146,00028,016,00024,548,00022,272,00018,391,00016,258,00013,778,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,173,0001,886,0003,681,000-4,574,000-3,306,000-1,540,000-2,257,0007,044,0003,955,0005,172,0003,001,0005,027,0004,133,0003,257,000114,000
Depreciation475,000502,000526,000542,000556,000536,000545,000595,000587,000543,000493,000436,000400,000361,000395,000
Amortisation000000000000000
Tax-689,000-467,0001,883,000015,00048,000427,000-1,467,000-960,000-1,070,000-786,000-1,236,000-1,159,000-796,0009,000
Stock-3,048,0002,182,000261,000234,000-1,696,0001,684,0001,571,000-203,000-85,000-211,000555,000-271,000508,000301,000678,000
Debtors-591,000-1,505,0006,331,000-3,370,000-14,165,000-2,663,000-4,765,0007,538,0004,690,0004,013,0001,191,0003,134,0003,506,0001,167,00013,373,000
Creditors78,000-30,000476,00025,000-452,000-14,000511,000-75,000-196,000-226,000316,000-174,000326,000308,000155,000
Accruals and Deferred Income98,000172,00012,000-91,000200,000169,000-671,000281,000-139,000319,000-383,000-23,000270,000443,000309,000
Deferred Taxes & Provisions27,000-498,000-314,000307,000499,000-255,00092,0001,149,00028,000-4,000-17,000-7,0007,00046,000105,000
Cash flow from operations5,801,000888,000-328,000-655,00013,373,000-77,0001,841,000192,000-1,330,000932,000878,0001,160,000-37,0002,151,000-12,964,000
Investing Activities
capital expenditure-789,000-524,000-138,000-288,000-855,000-323,000-1,055,000122,000-236,000-1,580,000-974,000-627,000-469,000-487,000-3,224,000
Change in Investments532,000848,0000000000000000
cash flow from investments-1,321,000-1,372,000-138,000-288,000-855,000-323,000-1,055,000122,000-236,000-1,580,000-974,000-627,000-469,000-487,000-3,224,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-649,00076,0007,0007,00043,00079,000-8,00098,0001,377,00072,000243,000000169,000
Other Short Term Loans 000000000000000
Long term loans00000000-1,333,000000001,333,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities36,00021,0000000000000000
share issue-123,000639,0002,419,000-1,166,000-1,019,000-81,000968,000-1,648,000120,000-637,000-119,000-88,000-1,015,000-103,00013,518,000
interest627,000284,000138,000223,000305,000279,000184,000140,00015,0003,000180,000-308,000-333,000-341,000-238,000
cash flow from financing-109,0001,020,0002,564,000-936,000-671,000277,0001,144,000-1,410,000179,000-562,000304,000-396,000-1,348,000-444,00014,782,000
cash and cash equivalents
cash371,000-6,000-1,314,000-1,115,0001,904,000-201,000673,000-618,000-1,897,0001,389,00047,000460,000-211,0001,520,000221,000
overdraft000000000000000
change in cash371,000-6,000-1,314,000-1,115,0001,904,000-201,000673,000-618,000-1,897,0001,389,00047,000460,000-211,0001,520,000221,000

climax molybdenum u.k. 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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Climax Molybdenum U.k. Limited Competitor Analysis

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Perform a competitor analysis for climax molybdenum u.k. limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in IP14 area or any other competitors across 12 key performance metrics.

climax molybdenum u.k. limited Ownership

CLIMAX MOLYBDENUM U.K. LIMITED group structure

Climax Molybdenum U.K. Limited has no subsidiary companies.

Ultimate parent company

FREEPORT MCMORAN INC

#0063796

2 parents

CLIMAX MOLYBDENUM U.K. LIMITED

00359564

CLIMAX MOLYBDENUM U.K. LIMITED Shareholders

ametalco ltd 99.98%
douglas n. corrault ii 0.02%

climax molybdenum u.k. limited directors

Climax Molybdenum U.K. Limited currently has 3 directors. The longest serving directors include Dr Alan Armour (Feb 1995) and Mr Michael Kendrick (Feb 2015).

officercountryagestartendrole
Dr Alan Armour76 years Feb 1995- Director
Mr Michael KendrickUnited States64 years Feb 2015- Director
Mrs Marion HoosonUnited Kingdom62 years Nov 2019- Director

P&L

December 2023

turnover

25m

+26%

operating profit

2.2m

+15%

gross margin

30.3%

+40.96%

turnover

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

Balance Sheet

December 2023

net assets

22.2m

-0.08%

total assets

26.9m

-0.08%

cash

1.2m

+0.44%

net assets

Total assets minus all liabilities

climax molybdenum u.k. limited company details

company number

00359564

Type

Private limited with Share Capital

industry

20130 - Manufacture of other inorganic basic chemicals

incorporation date

February 1940

age

85

incorporated

UK

ultimate parent company

FREEPORT MCMORAN INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

minworth metals holdings limited (December 1988)

accountant

-

auditor

ERNST & YOUNG LLP

address

needham road,, stowmarket,, suffolk, IP14 2AE

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

climax molybdenum u.k. 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 1 charges/mortgages relating to climax molybdenum u.k. limited. Currently there are 1 open charges and 0 have been satisfied in the past.

climax molybdenum u.k. 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.

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climax molybdenum u.k. limited Companies House Filings - See Documents

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