elliott baxter & company limited
elliott baxter & company limited Company Information
Company Number
00463083
Next Accounts
Sep 2025
Shareholders
elliott baxter holdings ltd
Group Structure
View All
Industry
Wholesale of other intermediate products
Registered Address
nexus park lysons avenue, ash vale, farnborough, hampshire, GU12 5QE
Website
http://ebbpaper.co.ukelliott baxter & company limited Estimated Valuation
Pomanda estimates the enterprise value of ELLIOTT BAXTER & COMPANY LIMITED at £108.6m based on a Turnover of £191.4m and 0.57x industry multiple (adjusted for size and gross margin).
elliott baxter & company limited Estimated Valuation
Pomanda estimates the enterprise value of ELLIOTT BAXTER & COMPANY LIMITED at £33.6m based on an EBITDA of £6.1m and a 5.48x industry multiple (adjusted for size and gross margin).
elliott baxter & company limited Estimated Valuation
Pomanda estimates the enterprise value of ELLIOTT BAXTER & COMPANY LIMITED at £153.7m based on Net Assets of £73m and 2.11x industry multiple (adjusted for liquidity).
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Elliott Baxter & Company Limited Overview
Elliott Baxter & Company Limited is a live company located in farnborough, GU12 5QE with a Companies House number of 00463083. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in January 1949, it's largest shareholder is elliott baxter holdings ltd with a 100% stake. Elliott Baxter & Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £191.4m with high growth in recent years.
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Elliott Baxter & Company Limited Health Check
Pomanda's financial health check has awarded Elliott Baxter & Company Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £191.4m, make it larger than the average company (£18.3m)
£191.4m - Elliott Baxter & Company Limited
£18.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8%)
23% - Elliott Baxter & Company Limited
8% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (25%)
14.2% - Elliott Baxter & Company Limited
25% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (6.2%)
2.5% - Elliott Baxter & Company Limited
6.2% - Industry AVG
Employees
with 235 employees, this is above the industry average (37)
235 - Elliott Baxter & Company Limited
37 - Industry AVG
Pay Structure
on an average salary of £52.2k, the company has an equivalent pay structure (£46.1k)
£52.2k - Elliott Baxter & Company Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £814.3k, this is more efficient (£423.7k)
£814.3k - Elliott Baxter & Company Limited
£423.7k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (54 days)
80 days - Elliott Baxter & Company Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (27 days)
22 days - Elliott Baxter & Company Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is less than average (77 days)
57 days - Elliott Baxter & Company Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Elliott Baxter & Company Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.5%, this is a lower level of debt than the average (48.6%)
20.5% - Elliott Baxter & Company Limited
48.6% - Industry AVG
ELLIOTT BAXTER & COMPANY LIMITED financials
Elliott Baxter & Company Limited's latest turnover from December 2023 is £191.4 million and the company has net assets of £73 million. According to their latest financial statements, Elliott Baxter & Company Limited has 235 employees and maintains cash reserves of £531 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 191,369,000 | 218,157,000 | 141,969,000 | 102,982,000 | 142,396,000 | 149,316,000 | 150,053,000 | 139,009,000 | 137,625,000 | 121,221,000 | 104,005,000 | 98,103,000 | 95,671,000 | 91,835,000 | 86,998,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 164,165,000 | 177,995,000 | 117,210,000 | 86,256,000 | 119,887,000 | 123,918,000 | 126,567,000 | 115,779,000 | 114,823,000 | 101,885,000 | 86,712,000 | 80,768,000 | 77,157,000 | 71,819,000 | 70,976,000 |
| Gross Profit | 27,204,000 | 40,162,000 | 24,759,000 | 16,726,000 | 22,509,000 | 25,398,000 | 23,486,000 | 23,230,000 | 22,802,000 | 19,336,000 | 17,293,000 | 17,335,000 | 18,514,000 | 20,016,000 | 16,022,000 |
| Admin Expenses | 22,363,000 | 29,596,000 | 20,379,000 | 16,395,000 | 19,912,000 | 21,051,000 | 20,379,000 | 19,797,000 | 20,303,000 | 16,521,000 | 15,156,000 | 15,346,000 | 15,802,000 | 16,097,000 | 15,910,000 |
| Operating Profit | 4,841,000 | 10,566,000 | 4,380,000 | 331,000 | 2,597,000 | 4,347,000 | 3,107,000 | 3,433,000 | 2,499,000 | 2,815,000 | 2,137,000 | 1,989,000 | 2,712,000 | 3,919,000 | 112,000 |
| Interest Payable | 344,000 | 351,000 | 1,000 | 2,000 | 1,000 | 3,000 | 17,000 | ||||||||
| Interest Receivable | 83,000 | 81,000 | 8,000 | 26,000 | 4,000 | 5,000 | 10,000 | 19,000 | 20,000 | 53,000 | 90,000 | 111,000 | 118,000 | 81,000 | 38,000 |
| Pre-Tax Profit | 4,580,000 | 10,296,000 | 4,388,000 | 357,000 | 2,600,000 | 4,350,000 | 3,116,000 | 3,449,000 | 2,502,000 | 2,868,000 | 2,227,000 | 2,100,000 | 2,830,000 | 4,000,000 | -178,000 |
| Tax | -1,110,000 | -1,816,000 | -785,000 | -36,000 | -546,000 | -797,000 | -684,000 | -740,000 | -500,000 | -530,000 | -482,000 | -505,000 | -700,000 | -1,030,000 | -28,000 |
| Profit After Tax | 3,470,000 | 8,480,000 | 3,603,000 | 321,000 | 2,054,000 | 3,553,000 | 2,432,000 | 2,709,000 | 2,002,000 | 2,338,000 | 1,745,000 | 1,595,000 | 2,130,000 | 2,970,000 | -206,000 |
| Dividends Paid | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 600,000 | 200,000 | 400,000 | 600,000 | 200,000 | |||||
| Retained Profit | 3,470,000 | 8,480,000 | 3,603,000 | 321,000 | 2,054,000 | 3,153,000 | 2,032,000 | 2,309,000 | 1,602,000 | 1,938,000 | 1,145,000 | 1,395,000 | 1,730,000 | 2,370,000 | -406,000 |
| Employee Costs | 12,259,000 | 19,173,000 | 12,889,000 | 10,610,000 | 10,668,000 | 12,183,000 | 11,342,000 | 11,307,000 | 10,949,000 | 9,037,000 | 8,248,000 | 8,094,000 | 8,279,000 | 8,394,000 | 7,962,000 |
| Number Of Employees | 235 | 247 | 218 | 243 | 278 | 264 | 291 | 290 | 274 | 229 | 219 | 210 | 226 | 236 | 258 |
| EBITDA* | 6,130,000 | 11,974,000 | 5,831,000 | 1,867,000 | 4,455,000 | 6,141,000 | 4,848,000 | 5,111,000 | 3,920,000 | 3,801,000 | 3,067,000 | 3,180,000 | 3,748,000 | 5,031,000 | 1,375,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,587,000 | 3,625,000 | 3,154,000 | 2,418,000 | 3,669,000 | 4,728,000 | 4,291,000 | 4,255,000 | 4,635,000 | 3,435,000 | 2,275,000 | 2,094,000 | 1,612,000 | 1,571,000 | 2,282,000 |
| Intangible Assets | 75,000 | 294,000 | 392,000 | 470,000 | 548,000 | 627,000 | 705,000 | 783,000 | 861,000 | 940,000 | 1,305,000 | 1,403,000 | 1,502,000 | ||
| Investments & Other | 116,000 | 116,000 | 113,000 | ||||||||||||
| Debtors (Due After 1 year) | 15,602,000 | 12,694,000 | 10,984,000 | 11,601,000 | 3,518,000 | ||||||||||
| Total Fixed Assets | 19,264,000 | 16,319,000 | 14,138,000 | 14,313,000 | 7,579,000 | 5,198,000 | 4,839,000 | 4,882,000 | 5,340,000 | 4,334,000 | 3,252,000 | 3,147,000 | 2,917,000 | 2,974,000 | 3,784,000 |
| Stock & work in progress | 25,833,000 | 42,625,000 | 17,246,000 | 16,217,000 | 16,467,000 | 19,975,000 | 18,580,000 | 15,881,000 | 16,427,000 | 15,011,000 | 11,711,000 | 14,942,000 | 12,313,000 | 12,485,000 | 9,065,000 |
| Trade Debtors | 41,960,000 | 47,229,000 | 42,465,000 | 29,868,000 | 34,794,000 | 38,964,000 | 38,336,000 | 38,183,000 | 37,803,000 | 30,996,000 | 29,026,000 | 26,821,000 | 25,768,000 | 25,317,000 | 22,486,000 |
| Group Debtors | 725,000 | 3,320,000 | 1,545,000 | 1,049,000 | 1,005,000 | 502,000 | 546,000 | 266,000 | |||||||
| Misc Debtors | 3,489,000 | 4,800,000 | 4,060,000 | 2,610,000 | 2,880,000 | 3,880,000 | 4,295,000 | 3,302,000 | 3,460,000 | 2,628,000 | 2,199,000 | 1,996,000 | 2,212,000 | 2,458,000 | 3,420,000 |
| Cash | 531,000 | 67,000 | 532,000 | 5,121,000 | 3,607,000 | 709,000 | 11,000 | 6,000 | 69,000 | 5,171,000 | 4,681,000 | 2,414,000 | 5,092,000 | 3,828,000 | 4,050,000 |
| misc current assets | |||||||||||||||
| total current assets | 72,538,000 | 98,041,000 | 65,848,000 | 54,865,000 | 58,753,000 | 63,528,000 | 61,222,000 | 57,372,000 | 57,759,000 | 54,308,000 | 48,163,000 | 46,439,000 | 45,385,000 | 44,088,000 | 39,021,000 |
| total assets | 91,802,000 | 114,360,000 | 79,986,000 | 69,178,000 | 66,332,000 | 68,726,000 | 66,061,000 | 62,254,000 | 63,099,000 | 58,642,000 | 51,415,000 | 49,586,000 | 48,302,000 | 47,062,000 | 42,805,000 |
| Bank overdraft | 2,618,000 | 846,000 | 4,531,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 9,983,000 | 12,724,000 | 10,149,000 | 6,380,000 | 5,758,000 | 7,559,000 | 6,486,000 | 5,968,000 | 5,794,000 | 8,353,000 | 2,988,000 | 2,660,000 | 2,106,000 | 2,031,000 | 2,095,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 62,000 | 17,911,000 | 62,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,987,000 | 12,562,000 | 6,957,000 | 4,098,000 | 3,167,000 | 5,910,000 | 4,917,000 | 5,497,000 | 5,198,000 | 4,315,000 | 4,391,000 | 4,035,000 | 4,700,000 | 5,265,000 | 3,314,000 |
| total current liabilities | 16,032,000 | 43,197,000 | 17,168,000 | 10,478,000 | 8,925,000 | 13,469,000 | 14,021,000 | 12,311,000 | 15,523,000 | 12,668,000 | 7,379,000 | 6,695,000 | 6,806,000 | 7,296,000 | 5,409,000 |
| loans | 113,000 | 175,000 | 237,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,667,000 | 603,000 | 754,000 | 882,000 | |||||||||||
| other liabilities | |||||||||||||||
| provisions | 992,000 | 857,000 | 779,000 | 373,000 | 283,000 | 187,000 | 123,000 | 58,000 | |||||||
| total long term liabilities | 2,772,000 | 1,635,000 | 1,770,000 | 1,255,000 | 283,000 | 187,000 | 123,000 | 58,000 | |||||||
| total liabilities | 18,804,000 | 44,832,000 | 18,938,000 | 11,733,000 | 9,208,000 | 13,656,000 | 14,144,000 | 12,369,000 | 15,523,000 | 12,668,000 | 7,379,000 | 6,695,000 | 6,806,000 | 7,296,000 | 5,409,000 |
| net assets | 72,998,000 | 69,528,000 | 61,048,000 | 57,445,000 | 57,124,000 | 55,070,000 | 51,917,000 | 49,885,000 | 47,576,000 | 45,974,000 | 44,036,000 | 42,891,000 | 41,496,000 | 39,766,000 | 37,396,000 |
| total shareholders funds | 72,998,000 | 69,528,000 | 61,048,000 | 57,445,000 | 57,124,000 | 55,070,000 | 51,917,000 | 49,885,000 | 47,576,000 | 45,974,000 | 44,036,000 | 42,891,000 | 41,496,000 | 39,766,000 | 37,396,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,841,000 | 10,566,000 | 4,380,000 | 331,000 | 2,597,000 | 4,347,000 | 3,107,000 | 3,433,000 | 2,499,000 | 2,815,000 | 2,137,000 | 1,989,000 | 2,712,000 | 3,919,000 | 112,000 |
| Depreciation | 1,289,000 | 1,408,000 | 1,157,000 | 1,438,000 | 1,780,000 | 1,716,000 | 1,662,000 | 1,600,000 | 1,343,000 | 908,000 | 851,000 | 826,000 | 938,000 | 1,013,000 | 1,164,000 |
| Amortisation | 294,000 | 98,000 | 78,000 | 78,000 | 79,000 | 78,000 | 78,000 | 78,000 | 79,000 | 365,000 | 98,000 | 99,000 | 99,000 | ||
| Tax | -1,110,000 | -1,816,000 | -785,000 | -36,000 | -546,000 | -797,000 | -684,000 | -740,000 | -500,000 | -530,000 | -482,000 | -505,000 | -700,000 | -1,030,000 | -28,000 |
| Stock | -16,792,000 | 25,379,000 | 1,029,000 | -250,000 | -3,508,000 | 1,395,000 | 2,699,000 | -546,000 | 1,416,000 | 3,300,000 | -3,231,000 | 2,629,000 | -172,000 | 3,420,000 | 9,065,000 |
| Debtors | -6,267,000 | 8,989,000 | 13,926,000 | 2,931,000 | -647,000 | 213,000 | 1,146,000 | 222,000 | 7,137,000 | 2,355,000 | 2,688,000 | 1,103,000 | 205,000 | 1,869,000 | 25,906,000 |
| Creditors | -2,741,000 | 2,575,000 | 3,769,000 | 622,000 | -1,801,000 | 1,073,000 | 518,000 | 174,000 | -2,559,000 | 5,365,000 | 328,000 | 554,000 | 75,000 | -64,000 | 2,095,000 |
| Accruals and Deferred Income | -5,511,000 | 5,454,000 | 2,731,000 | 1,813,000 | -2,743,000 | 993,000 | -580,000 | 299,000 | 883,000 | -76,000 | 356,000 | -665,000 | -565,000 | 1,951,000 | 3,314,000 |
| Deferred Taxes & Provisions | 135,000 | 78,000 | 406,000 | 90,000 | 96,000 | 64,000 | 65,000 | 58,000 | |||||||
| Cash flow from operations | 19,962,000 | -16,103,000 | -3,003,000 | 1,675,000 | 3,616,000 | 5,866,000 | 322,000 | 5,226,000 | -6,809,000 | 2,905,000 | 3,812,000 | -1,168,000 | 2,525,000 | 599,000 | -28,215,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -1,841,000 | -1,567,000 | -1,021,000 | -2,437,000 | -2,161,000 | -896,000 | -1,303,000 | -879,000 | -250,000 | -376,000 | |||||
| Change in Investments | -116,000 | 3,000 | 113,000 | ||||||||||||
| cash flow from investments | -1,841,000 | -1,567,000 | -1,021,000 | -2,321,000 | -2,161,000 | -899,000 | -1,416,000 | -879,000 | -250,000 | -376,000 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -17,849,000 | 17,849,000 | 62,000 | ||||||||||||
| Long term loans | -62,000 | -62,000 | 237,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -261,000 | -270,000 | 8,000 | 26,000 | 3,000 | 3,000 | 9,000 | 16,000 | 3,000 | 53,000 | 90,000 | 111,000 | 118,000 | 81,000 | 38,000 |
| cash flow from financing | -18,172,000 | 17,517,000 | 307,000 | 26,000 | 3,000 | 3,000 | 9,000 | 16,000 | 3,000 | 53,000 | 90,000 | 111,000 | 118,000 | 81,000 | 37,840,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 464,000 | -465,000 | -4,589,000 | 1,514,000 | 2,898,000 | 698,000 | 5,000 | -63,000 | -5,102,000 | 490,000 | 2,267,000 | -2,678,000 | 1,264,000 | -222,000 | 4,050,000 |
| overdraft | -2,618,000 | 1,772,000 | -3,685,000 | 4,531,000 | |||||||||||
| change in cash | 464,000 | -465,000 | -4,589,000 | 1,514,000 | 2,898,000 | 3,316,000 | -1,767,000 | 3,622,000 | -9,633,000 | 490,000 | 2,267,000 | -2,678,000 | 1,264,000 | -222,000 | 4,050,000 |
elliott baxter & company limited Credit Report and Business Information
Elliott Baxter & Company Limited Competitor Analysis
Perform a competitor analysis for elliott baxter & company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in GU12 area or any other competitors across 12 key performance metrics.
elliott baxter & company limited Ownership
ELLIOTT BAXTER & COMPANY LIMITED group structure
Elliott Baxter & Company Limited has 1 subsidiary company.
Ultimate parent company
1 parent
ELLIOTT BAXTER & COMPANY LIMITED
00463083
1 subsidiary
elliott baxter & company limited directors
Elliott Baxter & Company Limited currently has 6 directors. The longest serving directors include Mr Timothy Elliott (May 1992) and Mr Andrew Edwards (Jan 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Elliott | England | 71 years | May 1992 | - | Director |
| Mr Andrew Edwards | England | 56 years | Jan 2002 | - | Director |
| Mr Christopher Sandwell | England | 56 years | Apr 2002 | - | Director |
| Mr David Tennent | 59 years | Dec 2006 | - | Director | |
| Mr Matthew Elliott | England | 43 years | Jan 2008 | - | Director |
| Mr Rodney Benwell | England | 59 years | Jul 2013 | - | Director |
P&L
December 2023turnover
191.4m
-12%
operating profit
4.8m
-54%
gross margin
14.3%
-22.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
73m
+0.05%
total assets
91.8m
-0.2%
cash
531k
+6.93%
net assets
Total assets minus all liabilities
elliott baxter & company limited company details
company number
00463083
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
January 1949
age
76
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
elliott baxter and company limited (August 1985)
accountant
-
auditor
MENZIES LLP
address
nexus park lysons avenue, ash vale, farnborough, hampshire, GU12 5QE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
elliott baxter & company 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 5 charges/mortgages relating to elliott baxter & company limited. Currently there are 3 open charges and 2 have been satisfied in the past.
elliott baxter & company 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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elliott baxter & company limited Companies House Filings - See Documents
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