alfrecell limited
alfrecell limited Company Information
Company Number
00665376
Next Accounts
Sep 2025
Shareholders
ensco 1497 limited
Group Structure
View All
Industry
Manufacture of plastics in primary forms
Registered Address
bluebell close, clover nook industrial park, alfreton, derbyshire., DE55 4RD
Website
www.recticel.comalfrecell limited Estimated Valuation
Pomanda estimates the enterprise value of ALFRECELL LIMITED at £13.8m based on a Turnover of £25.4m and 0.54x industry multiple (adjusted for size and gross margin).
alfrecell limited Estimated Valuation
Pomanda estimates the enterprise value of ALFRECELL LIMITED at £118.8m based on an EBITDA of £30m and a 3.96x industry multiple (adjusted for size and gross margin).
alfrecell limited Estimated Valuation
Pomanda estimates the enterprise value of ALFRECELL LIMITED at £23.6m based on Net Assets of £13.2m and 1.79x industry multiple (adjusted for liquidity).
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Alfrecell Limited Overview
Alfrecell Limited is a live company located in alfreton, DE55 4RD with a Companies House number of 00665376. It operates in the manufacture of plastics in primary forms sector, SIC Code 20160. Founded in July 1960, it's largest shareholder is ensco 1497 limited with a 100% stake. Alfrecell Limited is a mature, large sized company, Pomanda has estimated its turnover at £25.4m with declining growth in recent years.
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Alfrecell Limited Health Check
Pomanda's financial health check has awarded Alfrecell Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £25.4m, make it in line with the average company (£22.8m)
£25.4m - Alfrecell Limited
£22.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (6%)
-40% - Alfrecell Limited
6% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (17.9%)
12.6% - Alfrecell Limited
17.9% - Industry AVG
Profitability
an operating margin of 115.7% make it more profitable than the average company (4.3%)
115.7% - Alfrecell Limited
4.3% - Industry AVG
Employees
with 184 employees, this is above the industry average (71)
184 - Alfrecell Limited
71 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has a lower pay structure (£48.4k)
£33.3k - Alfrecell Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £137.8k, this is less efficient (£327.8k)
£137.8k - Alfrecell Limited
£327.8k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (42 days)
29 days - Alfrecell Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (29 days)
24 days - Alfrecell Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is less than average (50 days)
35 days - Alfrecell Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 113 weeks, this is more cash available to meet short term requirements (10 weeks)
113 weeks - Alfrecell Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.3%, this is a lower level of debt than the average (39.2%)
31.3% - Alfrecell Limited
39.2% - Industry AVG
ALFRECELL LIMITED financials
Alfrecell Limited's latest turnover from December 2023 is £25.4 million and the company has net assets of £13.2 million. According to their latest financial statements, Alfrecell Limited has 184 employees and maintains cash reserves of £8.2 million 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 | 25,357,000 | 31,671,000 | 37,087,000 | 117,011,000 | 116,489,000 | 140,145,000 | 133,881,000 | 121,248,000 | 105,612,000 | 106,262,000 | 110,208,000 | 100,797,000 | 93,083,000 | 78,340,000 | 63,665,000 |
| Other Income Or Grants | -1,489,000 | -1,355,000 | |||||||||||||
| Cost Of Sales | 22,165,000 | 27,689,000 | 30,288,000 | 94,976,000 | 85,690,000 | 109,035,000 | 114,177,000 | 96,042,000 | 84,911,000 | 85,449,000 | 92,641,000 | 85,236,000 | 80,143,000 | 68,400,000 | 53,362,000 |
| Gross Profit | 3,192,000 | 2,493,000 | 5,444,000 | 22,035,000 | 30,799,000 | 31,110,000 | 19,704,000 | 25,206,000 | 20,701,000 | 20,813,000 | 17,567,000 | 15,561,000 | 12,940,000 | 9,940,000 | 10,303,000 |
| Admin Expenses | -26,142,000 | 2,450,000 | 5,680,000 | 13,953,000 | 27,340,000 | 15,072,000 | 21,207,000 | 15,698,000 | 11,980,000 | 19,451,000 | 16,116,000 | 15,474,000 | 33,016,000 | ||
| Operating Profit | 29,334,000 | 43,000 | -236,000 | 8,082,000 | 3,459,000 | 16,038,000 | -1,503,000 | 9,508,000 | 8,721,000 | 1,362,000 | -555,000 | -2,534,000 | -23,076,000 | ||
| Interest Payable | 82,000 | 550,000 | 550,000 | 1,015,000 | 1,242,000 | 411,000 | 1,068,000 | 573,000 | 794,000 | 796,000 | 598,000 | 472,000 | 1,011,000 | 1,276,000 | |
| Interest Receivable | 313,000 | 1,100,000 | 4,000 | 22,000 | 437,000 | 1,000 | 56,000 | 3,000 | 1,000 | ||||||
| Pre-Tax Profit | 29,565,000 | 137,302,000 | 17,892,000 | 6,999,000 | 5,228,000 | 15,514,000 | -2,348,000 | 9,548,000 | 6,247,000 | 566,000 | -4,533,000 | -669,000 | -1,257,000 | -21,865,000 | -3,601,000 |
| Tax | 195,000 | -487,000 | -3,355,000 | -1,500,000 | -1,295,000 | -2,887,000 | 1,287,000 | -1,898,000 | 3,101,000 | ||||||
| Profit After Tax | 29,760,000 | 136,815,000 | 14,537,000 | 5,499,000 | 3,933,000 | 12,627,000 | -1,061,000 | 7,650,000 | 9,348,000 | 566,000 | -4,533,000 | -669,000 | -1,257,000 | -21,865,000 | -3,601,000 |
| Dividends Paid | 208,500,000 | ||||||||||||||
| Retained Profit | -178,740,000 | 136,815,000 | 14,537,000 | 5,499,000 | 3,933,000 | 12,627,000 | -1,061,000 | 7,650,000 | 9,348,000 | 566,000 | -4,533,000 | -669,000 | -1,257,000 | -21,865,000 | -3,601,000 |
| Employee Costs | 6,120,000 | 9,589,000 | 16,774,000 | 15,091,000 | 17,079,000 | 16,620,000 | 16,597,000 | 16,020,000 | 15,014,000 | 14,649,000 | 14,854,000 | 14,116,000 | 13,516,000 | 12,972,000 | 11,730,000 |
| Number Of Employees | 184 | 267 | 438 | 444 | 472 | 478 | 481 | 463 | 464 | 565 | 629 | 609 | 568 | 544 | 530 |
| EBITDA* | 29,976,000 | 954,000 | 4,735,000 | 12,896,000 | 8,345,000 | 17,564,000 | 347,000 | 11,396,000 | 10,299,000 | 2,751,000 | 713,000 | -1,334,000 | -21,938,000 |
* 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 | 3,597,000 | 14,987,000 | 41,387,000 | 41,486,000 | 40,734,000 | 9,228,000 | 8,302,000 | 9,826,000 | 10,863,000 | 12,230,000 | 10,832,000 | 15,730,000 | 16,250,000 | 15,909,000 | 15,421,000 |
| Intangible Assets | 322,000 | 51,000 | 1,627,000 | 1,598,000 | 1,626,000 | 1,678,000 | 1,736,000 | 1,789,000 | 1,953,000 | 1,860,000 | 1,921,000 | 1,882,000 | 733,000 | 733,000 | 733,000 |
| Investments & Other | 183,000 | 160,000 | 534,000 | 880,000 | 8,125,000 | 6,826,000 | 8,350,000 | 5,367,000 | 5,367,000 | 5,367,000 | 6,256,000 | 5,669,000 | 4,647,000 | ||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 3,919,000 | 15,221,000 | 43,174,000 | 43,618,000 | 43,240,000 | 10,906,000 | 18,163,000 | 18,441,000 | 21,166,000 | 19,457,000 | 18,120,000 | 17,612,000 | 16,983,000 | 16,642,000 | 16,154,000 |
| Stock & work in progress | 2,133,000 | 2,670,000 | 8,648,000 | 7,699,000 | 6,796,000 | 6,388,000 | 7,306,000 | 5,677,000 | 5,243,000 | 7,058,000 | 8,136,000 | 6,687,000 | 6,288,000 | 5,883,000 | 5,341,000 |
| Trade Debtors | 2,069,000 | 4,284,000 | 39,691,000 | 32,221,000 | 7,433,000 | 15,684,000 | 15,482,000 | 8,885,000 | 8,428,000 | 9,954,000 | 10,552,000 | 19,458,000 | 16,284,000 | 13,260,000 | 9,158,000 |
| Group Debtors | 865,000 | 186,496,000 | 69,000 | 139,000 | 18,849,000 | 19,751,000 | 18,879,000 | 4,180,000 | 106,000 | 148,000 | 517,000 | 701,000 | 798,000 | 21,189,000 | |
| Misc Debtors | 1,961,000 | 2,653,000 | 2,027,000 | 2,778,000 | 1,193,000 | 3,209,000 | 2,112,000 | 1,437,000 | 125,000 | 127,000 | 174,000 | ||||
| Cash | 8,210,000 | 2,078,000 | 16,224,000 | 2,016,000 | 1,000 | 2,000 | 1,000 | 2,000 | 255,000 | 146,000 | 820,000 | 790,000 | 508,000 | 1,164,000 | 136,000 |
| misc current assets | 4,585,000 | 1,251,000 | 1,390,000 | 958,000 | 1,403,000 | 1,023,000 | 923,000 | ||||||||
| total current assets | 15,238,000 | 198,181,000 | 66,659,000 | 44,853,000 | 34,272,000 | 63,604,000 | 45,749,000 | 35,555,000 | 19,543,000 | 18,640,000 | 21,173,000 | 28,584,000 | 25,184,000 | 22,128,000 | 36,747,000 |
| total assets | 19,157,000 | 213,402,000 | 109,833,000 | 88,471,000 | 77,512,000 | 74,510,000 | 63,912,000 | 53,996,000 | 40,709,000 | 38,097,000 | 39,293,000 | 46,196,000 | 42,167,000 | 38,770,000 | 52,901,000 |
| Bank overdraft | 1,932,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,486,000 | 2,583,000 | 16,214,000 | 4,901,000 | 5,640,000 | 11,743,000 | 7,142,000 | 6,811,000 | 4,867,000 | 7,098,000 | 6,325,000 | 4,612,000 | 4,653,000 | 4,310,000 | 3,433,000 |
| Group/Directors Accounts | 674,000 | 2,015,000 | 6,650,000 | 2,884,000 | 10,485,000 | 14,766,000 | 9,248,000 | 13,246,000 | 17,361,000 | ||||||
| other short term finances | 12,000 | 10,000 | 5,406,000 | ||||||||||||
| hp & lease commitments | 1,405,000 | 2,393,000 | 2,118,000 | 899,000 | |||||||||||
| other current liabilities | 2,263,000 | 1,616,000 | 11,209,000 | 10,851,000 | 9,559,000 | 10,974,000 | 4,788,000 | 6,504,000 | 4,323,000 | 3,971,000 | 26,129,000 | 21,074,000 | 16,980,000 | 38,457,000 | |
| total current liabilities | 3,749,000 | 6,278,000 | 31,843,000 | 24,530,000 | 18,982,000 | 36,922,000 | 37,832,000 | 26,365,000 | 20,619,000 | 26,599,000 | 27,657,000 | 30,741,000 | 25,727,000 | 21,290,000 | 41,890,000 |
| loans | |||||||||||||||
| hp & lease commitments | 8,045,000 | 11,789,000 | 11,124,000 | 13,173,000 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 8,712,000 | 11,510,000 | 9,857,000 | ||||||||||||
| provisions | 2,249,000 | 4,807,000 | 7,699,000 | 7,792,000 | 4,867,000 | 12,862,000 | 5,962,000 | 5,528,000 | 4,860,000 | ||||||
| total long term liabilities | 2,249,000 | 14,927,000 | 22,657,000 | 23,138,000 | 23,198,000 | 6,435,000 | 10,157,000 | 10,594,000 | 8,712,000 | 11,510,000 | 9,857,000 | 6,431,000 | 2,981,000 | 2,764,000 | 2,430,000 |
| total liabilities | 5,998,000 | 21,205,000 | 54,500,000 | 47,668,000 | 42,180,000 | 43,357,000 | 47,989,000 | 36,959,000 | 29,331,000 | 38,109,000 | 37,514,000 | 37,172,000 | 28,708,000 | 24,054,000 | 44,320,000 |
| net assets | 13,159,000 | 192,197,000 | 55,333,000 | 40,803,000 | 35,332,000 | 31,153,000 | 15,923,000 | 17,037,000 | 11,378,000 | -12,000 | 1,779,000 | 9,024,000 | 13,459,000 | 14,716,000 | 8,581,000 |
| total shareholders funds | 13,159,000 | 192,197,000 | 55,333,000 | 40,803,000 | 35,332,000 | 31,153,000 | 15,923,000 | 17,037,000 | 11,378,000 | -12,000 | 1,779,000 | 9,024,000 | 13,459,000 | 14,716,000 | 8,581,000 |
| 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 | 29,334,000 | 43,000 | -236,000 | 8,082,000 | 3,459,000 | 16,038,000 | -1,503,000 | 9,508,000 | 8,721,000 | 1,362,000 | -555,000 | -2,534,000 | -23,076,000 | ||
| Depreciation | 533,000 | 900,000 | 4,957,000 | 4,765,000 | 4,828,000 | 1,526,000 | 1,769,000 | 1,720,000 | 1,479,000 | 1,295,000 | 1,259,000 | 1,268,000 | 1,200,000 | 1,138,000 | 1,221,000 |
| Amortisation | 109,000 | 11,000 | 14,000 | 49,000 | 58,000 | 81,000 | 168,000 | 99,000 | 94,000 | 144,000 | |||||
| Tax | 195,000 | -487,000 | -3,355,000 | -1,500,000 | -1,295,000 | -2,887,000 | 1,287,000 | -1,898,000 | 3,101,000 | ||||||
| Stock | -537,000 | -5,978,000 | 949,000 | 903,000 | 408,000 | -918,000 | 1,629,000 | 434,000 | -1,815,000 | -1,078,000 | 1,449,000 | 399,000 | 405,000 | 542,000 | 5,341,000 |
| Debtors | -188,538,000 | 151,646,000 | 6,649,000 | 7,663,000 | 11,791,000 | -13,527,000 | -665,000 | 15,831,000 | 3,860,000 | -642,000 | -9,322,000 | 3,164,000 | 2,927,000 | -16,289,000 | 30,347,000 |
| Creditors | -1,097,000 | -13,631,000 | 11,313,000 | -739,000 | -6,103,000 | 4,601,000 | 331,000 | 1,944,000 | -2,231,000 | 773,000 | 1,713,000 | -41,000 | 343,000 | 877,000 | 3,433,000 |
| Accruals and Deferred Income | 647,000 | -9,593,000 | 358,000 | 1,292,000 | 9,559,000 | -10,974,000 | 6,186,000 | -1,716,000 | 2,181,000 | 352,000 | -22,158,000 | 5,055,000 | 4,094,000 | -21,477,000 | 38,457,000 |
| Deferred Taxes & Provisions | -2,558,000 | -2,892,000 | -93,000 | 2,925,000 | 4,867,000 | -12,862,000 | 6,900,000 | 434,000 | 668,000 | 4,860,000 | |||||
| Cash flow from operations | 216,238,000 | -171,317,000 | 5,360,000 | 6,308,000 | 3,174,000 | 7,187,000 | -6,539,000 | 11,305,000 | 5,596,000 | 9,064,000 | 205,000 | -26,123,000 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -183,000 | 23,000 | -374,000 | -346,000 | 880,000 | -8,125,000 | 1,299,000 | -1,524,000 | 2,983,000 | -889,000 | 587,000 | 1,022,000 | 4,647,000 | ||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -674,000 | -1,341,000 | -4,635,000 | 3,766,000 | 2,884,000 | -10,485,000 | -4,281,000 | 5,518,000 | -3,998,000 | -4,115,000 | 17,361,000 | ||||
| Other Short Term Loans | -12,000 | 2,000 | 10,000 | -5,406,000 | 5,406,000 | ||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -9,450,000 | -4,732,000 | 940,000 | -830,000 | 14,072,000 | ||||||||||
| other long term liabilities | -8,712,000 | -2,798,000 | 1,653,000 | 9,857,000 | |||||||||||
| share issue | |||||||||||||||
| interest | 231,000 | 550,000 | -546,000 | -993,000 | -805,000 | -1,067,000 | -517,000 | -791,000 | -796,000 | -598,000 | -472,000 | -1,011,000 | -1,275,000 | ||
| cash flow from financing | -10,191,000 | -5,486,000 | -4,246,000 | 1,925,000 | 10,991,000 | -5,401,000 | -5,702,000 | -5,545,000 | -5,615,000 | 24,506,000 | -4,364,000 | -472,000 | 26,989,000 | 10,907,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | 6,132,000 | -14,146,000 | 14,208,000 | 2,015,000 | -1,000 | 1,000 | -1,000 | -253,000 | 109,000 | -674,000 | 30,000 | 282,000 | -656,000 | 1,028,000 | 136,000 |
| overdraft | -1,932,000 | 1,932,000 | |||||||||||||
| change in cash | 6,132,000 | -14,146,000 | 14,208,000 | 2,015,000 | -1,000 | 1,000 | -1,000 | -253,000 | 2,041,000 | -2,606,000 | 30,000 | 282,000 | -656,000 | 1,028,000 | 136,000 |
alfrecell limited Credit Report and Business Information
Alfrecell Limited Competitor Analysis
Perform a competitor analysis for alfrecell limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in DE55 area or any other competitors across 12 key performance metrics.
alfrecell limited Ownership
ALFRECELL LIMITED group structure
Alfrecell Limited has no subsidiary companies.
alfrecell limited directors
Alfrecell Limited currently has 3 directors. The longest serving directors include Mr Peter Brown (Oct 2023) and Mr Paul Rodger (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Brown | 53 years | Oct 2023 | - | Director | |
| Mr Paul Rodger | 62 years | Oct 2023 | - | Director | |
| Mr Colin Sarson | 62 years | Jan 2025 | - | Director |
P&L
December 2023turnover
25.4m
-20%
operating profit
29.3m
+68119%
gross margin
12.6%
+59.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.2m
-0.93%
total assets
19.2m
-0.91%
cash
8.2m
+2.95%
net assets
Total assets minus all liabilities
alfrecell limited company details
company number
00665376
Type
Private limited with Share Capital
industry
20160 - Manufacture of plastics in primary forms
incorporation date
July 1960
age
65
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
recticel limited (March 2024)
harrison & jones group limited(the) (January 1992)
See moreaccountant
-
auditor
HAINES WATTS
address
bluebell close, clover nook industrial park, alfreton, derbyshire., DE55 4RD
Bank
HSBC BANK PLC
Legal Advisor
-
alfrecell 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 alfrecell limited. Currently there are 0 open charges and 5 have been satisfied in the past.
alfrecell limited Capital Raised & Share Issues BETA
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alfrecell limited Companies House Filings - See Documents
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