belzona international limited

Live MatureLargeHealthy

belzona international limited Company Information

Share BELZONA INTERNATIONAL LIMITED

Company Number

00532158

Directors

Joel Svendsen

Jevon Pugh

View All

Shareholders

orbex ltd

Group Structure

View All

Industry

Manufacture of paints, varnishes and similar coatings, mastics and sealants

 

Registered Address

claro road harrogate, north yorks, HG1 4DS

belzona international limited Estimated Valuation

£82.4m

Pomanda estimates the enterprise value of BELZONA INTERNATIONAL LIMITED at £82.4m based on a Turnover of £46.8m and 1.76x industry multiple (adjusted for size and gross margin).

belzona international limited Estimated Valuation

£139.8m

Pomanda estimates the enterprise value of BELZONA INTERNATIONAL LIMITED at £139.8m based on an EBITDA of £12m and a 11.61x industry multiple (adjusted for size and gross margin).

belzona international limited Estimated Valuation

£98.3m

Pomanda estimates the enterprise value of BELZONA INTERNATIONAL LIMITED at £98.3m based on Net Assets of £46.9m and 2.1x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Belzona International Limited Overview

Belzona International Limited is a live company located in north yorks, HG1 4DS with a Companies House number of 00532158. It operates in the manufacture of paints, varnishes and similar coatings, mastics and sealants sector, SIC Code 20301. Founded in April 1954, it's largest shareholder is orbex ltd with a 100% stake. Belzona International Limited is a mature, large sized company, Pomanda has estimated its turnover at £46.8m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Belzona International Limited Health Check

Pomanda's financial health check has awarded Belzona International Limited 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

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £46.8m, make it larger than the average company (£25m)

£46.8m - Belzona International Limited

£25m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.9%)

13% - Belzona International Limited

6.9% - Industry AVG

production

Production

with a gross margin of 57.9%, this company has a lower cost of product (30.5%)

57.9% - Belzona International Limited

30.5% - Industry AVG

profitability

Profitability

an operating margin of 23.2% make it more profitable than the average company (4.5%)

23.2% - Belzona International Limited

4.5% - Industry AVG

employees

Employees

with 244 employees, this is above the industry average (82)

244 - Belzona International Limited

82 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.3k, the company has an equivalent pay structure (£48k)

£51.3k - Belzona International Limited

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £192k, this is less efficient (£286.2k)

£192k - Belzona International Limited

£286.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (54 days)

10 days - Belzona International Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (40 days)

25 days - Belzona International Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 198 days, this is more than average (71 days)

198 days - Belzona International Limited

71 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 188 weeks, this is more cash available to meet short term requirements (4 weeks)

188 weeks - Belzona International Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (44.2%)

9.1% - Belzona International Limited

44.2% - Industry AVG

BELZONA INTERNATIONAL LIMITED financials

EXPORTms excel logo

Belzona International Limited's latest turnover from December 2023 is £46.8 million and the company has net assets of £46.9 million. According to their latest financial statements, Belzona International Limited has 244 employees and maintains cash reserves of £17 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
Turnover46,847,92744,056,21134,043,14132,466,41635,903,03832,167,80729,987,65530,367,72421,514,07125,621,94325,164,73523,284,95722,207,86320,391,12018,949,214
Other Income Or Grants
Cost Of Sales19,748,70617,073,43211,203,92711,716,35614,087,71512,499,72212,936,59313,053,6008,350,56510,860,29611,279,62210,546,8089,743,7459,738,9708,848,608
Gross Profit27,099,22126,982,77922,839,21420,750,06021,815,32319,668,08517,051,06217,314,12413,163,50614,761,64713,885,11312,738,14912,464,11810,652,15010,100,606
Admin Expenses16,213,13312,999,34711,826,75411,787,10113,114,03613,879,40912,743,26812,883,49310,719,44810,144,78910,046,51610,101,14910,425,9138,942,2179,084,565
Operating Profit10,886,08813,983,43211,012,4608,962,9598,701,2875,788,6764,307,7944,430,6312,444,0584,616,8583,838,5972,637,0002,038,2051,709,9331,016,041
Interest Payable5,055191,04964
Interest Receivable618,10396,98211,43328,00851,332104,3258,2088,16218,0729,875122,55217,57724,05853,86442,873
Pre-Tax Profit11,499,13614,080,39511,039,2368,989,9188,727,3755,893,0014,316,0024,438,7932,462,1304,626,7333,961,1492,654,5772,062,2631,763,7971,058,914
Tax-2,352,437-2,842,043-2,045,057-1,473,588-1,801,565-1,329,322-1,078,751-757,970-593,166-1,014,337-1,127,405-917,036-746,006-501,910-301,088
Profit After Tax9,146,69911,238,3528,994,1797,516,3306,925,8104,563,6793,237,2513,680,8231,868,9643,612,3962,833,7441,737,5411,316,2571,261,887757,826
Dividends Paid5,627,3334,357,87811,754,8793,889,41510,167,0373,500,000
Retained Profit3,519,3666,880,474-2,760,7003,626,9156,925,810-5,603,3583,237,2513,680,8231,868,9643,612,3962,833,744-1,762,4591,316,2571,261,887757,826
Employee Costs12,509,54610,592,3429,421,8518,938,0258,901,4418,705,2788,847,3919,176,4557,355,8828,234,2488,242,1837,972,1558,095,4786,999,8797,091,552
Number Of Employees244224214222231211221243241242262244249217214
EBITDA*12,038,89914,862,93711,863,6009,801,04510,081,2196,816,0315,162,4575,337,1623,231,6915,396,2424,918,0083,623,2982,896,8662,549,6381,772,589

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets17,104,67914,218,28713,437,77313,936,20214,136,05214,458,63414,463,69210,050,1538,903,8678,722,4278,541,8928,874,9979,348,4329,525,2938,893,708
Intangible Assets207,409257,234293,630292,441283,93880,25188,226108,237140,280
Investments & Other8328328328328328328,271,7698,109,1154,941,777832832832832832832
Debtors (Due After 1 year)881,906307,086432,731168,636136,419
Total Fixed Assets17,987,41714,526,20513,871,33614,105,67014,273,30314,459,46622,942,87018,416,50214,139,2749,015,7008,826,6628,956,0809,437,4909,634,3629,034,820
Stock & work in progress10,758,4818,926,4466,661,7575,626,0946,451,7996,170,3045,336,9594,853,8844,453,4824,666,8103,467,3364,195,6394,427,5873,504,4463,344,897
Trade Debtors1,335,110780,9241,011,6211,688,3123,308,1312,691,9331,099,3211,487,2301,225,8845,006,8432,217,4641,520,9191,735,700846,6131,355,338
Group Debtors
Misc Debtors4,525,8013,723,0732,355,7582,410,9531,487,9531,826,5021,179,3431,044,8441,131,1591,171,9371,720,617474,246776,803875,702632,369
Cash16,965,51822,889,50316,768,57618,054,98113,236,7677,305,7477,453,4419,392,0245,489,7544,745,6594,542,7142,207,9543,214,8592,994,4821,549,429
misc current assets
total current assets33,584,91036,319,94626,797,71227,780,34024,484,65017,994,48615,069,06416,777,98212,300,27915,591,24911,948,1318,398,75810,154,9498,221,2436,882,033
total assets51,572,32750,846,15140,669,04841,886,01038,757,95332,453,95238,011,93435,194,48426,439,55324,606,94920,774,79317,354,83819,592,43917,855,60515,916,853
Bank overdraft
Bank loan
Trade Creditors 1,373,6641,428,3331,074,4161,542,091909,3171,232,6381,936,2112,561,1811,488,059864,484999,286750,3841,174,4031,125,094770,196
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities3,303,8295,069,2543,671,3141,932,4202,724,0902,491,4842,439,1021,829,0691,127,6911,852,6271,795,6021,533,5911,465,8061,098,887873,049
total current liabilities4,677,4936,497,5874,745,7303,474,5113,633,4073,724,1224,375,3134,390,2502,615,7502,717,1112,794,8882,283,9752,640,2092,223,9811,643,245
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities164,884113,28460,8928,280
provisions35,841334,679408,288229,16595,07048,5689,796
total long term liabilities35,841334,679573,172342,449155,96256,8489,796
total liabilities4,713,3346,497,5874,745,7303,474,5113,968,0864,297,2944,717,7624,546,2122,672,5982,717,1112,794,8882,293,7712,640,2092,223,9811,643,245
net assets46,858,99344,348,56435,923,31838,411,49934,789,86728,156,65833,294,17230,648,27223,766,95521,889,83817,979,90515,061,06716,952,23015,631,62414,273,608
total shareholders funds46,858,99344,348,56435,923,31838,411,49934,789,86728,156,65833,294,17230,648,27223,766,95521,889,83817,979,90515,061,06716,952,23015,631,62414,273,608
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit10,886,08813,983,43211,012,4608,962,9598,701,2875,788,6764,307,7944,430,6312,444,0584,616,8583,838,5972,637,0002,038,2051,709,9331,016,041
Depreciation1,152,811879,505851,140838,0861,379,9321,027,355827,151853,677779,658765,6691,066,009978,323838,650807,662724,506
Amortisation27,51252,8547,97513,71513,4027,97520,01132,04332,042
Tax-2,352,437-2,842,043-2,045,057-1,473,588-1,801,565-1,329,322-1,078,751-757,970-593,166-1,014,337-1,127,405-917,036-746,006-501,910-301,088
Stock1,832,0352,264,6891,035,663-825,705281,495833,345483,075400,402-213,3281,199,474-728,303-231,948923,141159,5493,344,897
Debtors1,931,7341,010,973-467,791-664,602414,0682,239,771-253,410175,031-3,821,7372,240,6991,942,916-517,338790,188-265,3921,987,707
Creditors-54,669353,917-467,675632,774-323,321-703,573-624,9701,073,122623,575-134,802248,902-424,01949,309354,898770,196
Accruals and Deferred Income-1,765,4251,397,9401,738,894-791,670232,60652,382610,033701,378-724,93657,025262,01167,785366,919225,838873,049
Deferred Taxes & Provisions35,841-334,679-73,609179,123134,09546,50248,568-9,7969,796
Cash flow from operations4,138,44010,497,08910,521,8909,324,1897,419,7671,941,5253,973,1995,824,7616,620,797863,9553,077,1073,109,110853,7592,734,307-2,217,858
Investing Activities
capital expenditure-848,668-5,422,926-1,436,472-934,451-824,656-1,015,536-547,080-653,966-1,343,225-4,129,577
Change in Investments-8,270,937162,6543,167,3384,940,945832
cash flow from investments7,422,269-5,585,580-4,603,810-5,875,396-824,656-1,015,536-547,080-653,966-1,343,225-4,130,409
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-164,88451,60052,39252,6128,280
share issue-1,008,9371,544,772272,519-5,283-292,601465,844-591,3513,200,4948,153297,53785,094-128,7044,34996,12913,515,782
interest613,04896,96311,43326,95951,268104,3258,2088,16218,0729,875122,55217,57724,05853,86442,873
cash flow from financing-395,8891,641,735283,95221,676-406,217621,769-530,7513,261,26834,505307,412207,646-111,12728,407149,99313,558,655
cash and cash equivalents
cash-5,923,9856,120,927-1,286,4054,818,2145,931,020-147,694-1,938,5833,902,270744,095202,9452,334,760-1,006,905220,3771,445,0531,549,429
overdraft
change in cash-5,923,9856,120,927-1,286,4054,818,2145,931,020-147,694-1,938,5833,902,270744,095202,9452,334,760-1,006,905220,3771,445,0531,549,429

belzona international limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for belzona international limited. Get real-time insights into belzona international limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Belzona International Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for belzona international limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in HG1 area or any other competitors across 12 key performance metrics.

belzona international limited Ownership

BELZONA INTERNATIONAL LIMITED group structure

Belzona International Limited has 4 subsidiary companies.

Ultimate parent company

ORBEX LTD

#0000841

1 parent

BELZONA INTERNATIONAL LIMITED

00532158

4 subsidiaries

BELZONA INTERNATIONAL LIMITED Shareholders

orbex ltd 100%

belzona international limited directors

Belzona International Limited currently has 4 directors. The longest serving directors include Mr Joel Svendsen (Dec 1994) and Mr Jevon Pugh (Nov 2021).

officercountryagestartendrole
Mr Joel SvendsenUnited States54 years Dec 1994- Director
Mr Jevon PughEngland56 years Nov 2021- Director
Mr Neil RobinsonEngland52 years Nov 2021- Director
Mr Barry NisillEngland45 years Nov 2021- Director

P&L

December 2023

turnover

46.8m

+6%

operating profit

10.9m

-22%

gross margin

57.9%

-5.55%

turnover

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

Balance Sheet

December 2023

net assets

46.9m

+0.06%

total assets

51.6m

+0.01%

cash

17m

-0.26%

net assets

Total assets minus all liabilities

belzona international limited company details

company number

00532158

Type

Private limited with Share Capital

industry

20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants

incorporation date

April 1954

age

71

incorporated

UK

ultimate parent company

ORBEX LTD

accounts

Group

last accounts submitted

December 2023

previous names

belzona metalife limited (December 1993)

belzona international limited (September 1993)

accountant

-

auditor

FORTUS AUDIT LLP

address

claro road harrogate, north yorks, HG1 4DS

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

belzona international 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 7 charges/mortgages relating to belzona international limited. Currently there are 3 open charges and 4 have been satisfied in the past.

belzona international 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 BELZONA INTERNATIONAL LIMITED. This can take several minutes, an email will notify you when this has completed.

belzona international limited Companies House Filings - See Documents

datedescriptionview/download