arjobex limited
arjobex limited Company Information
Company Number
00826102
Next Accounts
1970 days late
Shareholders
arjobex holding sas
Group Structure
View All
Industry
Manufacture of paper and paperboard
Registered Address
frp advisory llp jupiter house, warley hill busness park, the drive, brentwood, CM13 3BE
Website
http://polyart.comarjobex limited Estimated Valuation
Pomanda estimates the enterprise value of ARJOBEX LIMITED at £3.2m based on a Turnover of £7.9m and 0.4x industry multiple (adjusted for size and gross margin).
arjobex limited Estimated Valuation
Pomanda estimates the enterprise value of ARJOBEX LIMITED at £1.7m based on an EBITDA of £500k and a 3.35x industry multiple (adjusted for size and gross margin).
arjobex limited Estimated Valuation
Pomanda estimates the enterprise value of ARJOBEX LIMITED at £6m based on Net Assets of £3.9m and 1.52x industry multiple (adjusted for liquidity).
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Arjobex Limited Overview
Arjobex Limited is a live company located in the drive, CM13 3BE with a Companies House number of 00826102. It operates in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in November 1964, it's largest shareholder is arjobex holding sas with a 100% stake. Arjobex Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with declining growth in recent years.
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Arjobex Limited Health Check
Pomanda's financial health check has awarded Arjobex Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £7.9m, make it smaller than the average company (£18.3m)
£7.9m - Arjobex Limited
£18.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (1%)
-2% - Arjobex Limited
1% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (23.7%)
15.4% - Arjobex Limited
23.7% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (3.6%)
2.6% - Arjobex Limited
3.6% - Industry AVG
Employees
with 50 employees, this is below the industry average (94)
50 - Arjobex Limited
94 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£40.6k)
£48.5k - Arjobex Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £158.5k, this is equally as efficient (£171.9k)
£158.5k - Arjobex Limited
£171.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Arjobex Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (45 days)
60 days - Arjobex Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (42 days)
33 days - Arjobex Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (4 weeks)
0 weeks - Arjobex Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.9%, this is a similar level of debt than the average (46.5%)
47.9% - Arjobex Limited
46.5% - Industry AVG
ARJOBEX LIMITED financials
Arjobex Limited's latest turnover from December 2017 is £7.9 million and the company has net assets of £3.9 million. According to their latest financial statements, Arjobex Limited has 50 employees and maintains cash reserves of £63 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,927,000 | 7,198,000 | 7,855,000 | 8,533,000 | 8,860,000 | 9,071,000 | 7,874,000 | 6,850,000 | 6,262,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 6,705,000 | 5,821,000 | 7,715,000 | 8,107,000 | |||||
| Gross Profit | 1,222,000 | 1,377,000 | 140,000 | 426,000 | |||||
| Admin Expenses | 1,016,000 | 1,604,000 | -147,000 | -123,000 | |||||
| Operating Profit | 206,000 | -227,000 | 287,000 | 549,000 | 475,000 | 501,000 | 202,000 | 306,000 | -599,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 12,000 | 28,000 | 75,000 | 44,000 | 40,000 | 32,000 | 18,000 | 20,000 | 23,000 |
| Pre-Tax Profit | 218,000 | -199,000 | 362,000 | 593,000 | 515,000 | 533,000 | 220,000 | 326,000 | -576,000 |
| Tax | -8,000 | -7,000 | -5,000 | 0 | 0 | 55,000 | 49,000 | 27,000 | 166,000 |
| Profit After Tax | 210,000 | -206,000 | 357,000 | 593,000 | 515,000 | 588,000 | 269,000 | 353,000 | -410,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 210,000 | -206,000 | 357,000 | 593,000 | 515,000 | 588,000 | 269,000 | 353,000 | -410,000 |
| Employee Costs | 2,424,000 | 2,310,000 | 2,196,000 | 2,138,000 | 2,044,000 | 2,054,000 | 1,927,000 | 1,925,000 | 1,867,000 |
| Number Of Employees | 50 | 48 | 45 | 45 | 45 | 49 | 49 | 47 | 45 |
| EBITDA* | 500,000 | 59,000 | 617,000 | 876,000 | 838,000 | 909,000 | 571,000 | 677,000 | -236,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,141,000 | 2,092,000 | 1,697,000 | 1,941,000 | 2,393,000 | 2,485,000 | 2,689,000 | 2,478,000 | 2,512,000 |
| Intangible Assets | 16,000 | 20,000 | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 752,000 | 716,000 | 675,000 | 634,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,909,000 | 2,828,000 | 2,393,000 | 2,575,000 | 2,393,000 | 2,485,000 | 2,689,000 | 2,478,000 | 2,512,000 |
| Stock & work in progress | 621,000 | 519,000 | 348,000 | 427,000 | 578,000 | 701,000 | 1,008,000 | 929,000 | 628,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,597,000 | 0 |
| Group Debtors | 3,615,000 | 3,132,000 | 6,861,000 | 6,332,000 | 5,683,000 | 5,129,000 | 3,177,000 | 0 | 2,184,000 |
| Misc Debtors | 353,000 | 351,000 | 300,000 | 303,000 | 296,000 | 245,000 | 261,000 | 0 | 171,000 |
| Cash | 63,000 | 347,000 | 55,000 | 78,000 | 54,000 | 57,000 | 953,000 | 651,000 | 1,169,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,652,000 | 4,349,000 | 7,564,000 | 7,140,000 | 6,611,000 | 6,132,000 | 5,399,000 | 5,177,000 | 4,152,000 |
| total assets | 7,561,000 | 7,177,000 | 9,957,000 | 9,715,000 | 9,004,000 | 8,617,000 | 8,088,000 | 7,655,000 | 6,664,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,108,000 | 875,000 | 470,000 | 608,000 | 694,000 | 814,000 | 829,000 | 669,000 | 397,000 |
| Group/Directors Accounts | 402,000 | 427,000 | 428,000 | 391,000 | 369,000 | 376,000 | 369,000 | 364,000 | 7,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,110,000 | 237,000 | 215,000 | 229,000 | 234,000 | 235,000 | 231,000 | 183,000 | 147,000 |
| total current liabilities | 3,620,000 | 1,539,000 | 1,113,000 | 1,228,000 | 1,297,000 | 1,425,000 | 1,429,000 | 1,216,000 | 551,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 55,000 | 104,000 | 131,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 55,000 | 104,000 | 131,000 |
| total liabilities | 3,620,000 | 1,539,000 | 1,113,000 | 1,228,000 | 1,297,000 | 1,425,000 | 1,484,000 | 1,320,000 | 682,000 |
| net assets | 3,941,000 | 5,638,000 | 8,844,000 | 8,487,000 | 7,707,000 | 7,192,000 | 6,604,000 | 6,335,000 | 5,982,000 |
| total shareholders funds | 3,941,000 | 5,638,000 | 8,844,000 | 8,487,000 | 7,707,000 | 7,192,000 | 6,604,000 | 6,335,000 | 5,982,000 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 206,000 | -227,000 | 287,000 | 549,000 | 475,000 | 501,000 | 202,000 | 306,000 | -599,000 |
| Depreciation | 294,000 | 286,000 | 330,000 | 327,000 | 363,000 | 408,000 | 369,000 | 371,000 | 363,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -8,000 | -7,000 | -5,000 | 0 | 0 | 55,000 | 49,000 | 27,000 | 166,000 |
| Stock | 102,000 | 171,000 | -79,000 | -151,000 | -123,000 | -307,000 | 79,000 | 301,000 | 628,000 |
| Debtors | 485,000 | -3,678,000 | 526,000 | 656,000 | 605,000 | 1,936,000 | -159,000 | 1,242,000 | 2,355,000 |
| Creditors | 233,000 | 405,000 | -138,000 | -86,000 | -120,000 | -15,000 | 160,000 | 272,000 | 397,000 |
| Accruals and Deferred Income | 1,873,000 | 22,000 | -14,000 | -5,000 | -1,000 | 4,000 | 48,000 | 36,000 | 147,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -55,000 | -49,000 | -27,000 | 131,000 |
| Cash flow from operations | 2,011,000 | 3,986,000 | 13,000 | 280,000 | 235,000 | -731,000 | 859,000 | -558,000 | -2,378,000 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 36,000 | 41,000 | 41,000 | 634,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -25,000 | -1,000 | 37,000 | 22,000 | -7,000 | 7,000 | 5,000 | 357,000 | 7,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 12,000 | 28,000 | 75,000 | 44,000 | 40,000 | 32,000 | 18,000 | 20,000 | 23,000 |
| cash flow from financing | -1,920,000 | -2,973,000 | 112,000 | 253,000 | 33,000 | 39,000 | 23,000 | 377,000 | 6,422,000 |
| cash and cash equivalents | |||||||||
| cash | -284,000 | 292,000 | -23,000 | 24,000 | -3,000 | -896,000 | 302,000 | -518,000 | 1,169,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -284,000 | 292,000 | -23,000 | 24,000 | -3,000 | -896,000 | 302,000 | -518,000 | 1,169,000 |
arjobex limited Credit Report and Business Information
Arjobex Limited Competitor Analysis
Perform a competitor analysis for arjobex limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CM13 area or any other competitors across 12 key performance metrics.
arjobex limited Ownership
ARJOBEX LIMITED group structure
Arjobex Limited has no subsidiary companies.
Ultimate parent company
ARJOBEX HOLDING SAS
#0104726
1 parent
ARJOBEX LIMITED
00826102
arjobex limited directors
Arjobex Limited currently has 3 directors. The longest serving directors include Mr Ian Curtis (Mar 2007) and Arnaud Roussel (Jan 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Curtis | United Kingdom | 68 years | Mar 2007 | - | Director |
| Arnaud Roussel | France | 62 years | Jan 2009 | - | Director |
| Mr David Lawton | United Kingdom | 50 years | May 2018 | - | Director |
P&L
December 2017turnover
7.9m
+10%
operating profit
206k
-191%
gross margin
15.5%
-19.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
3.9m
-0.3%
total assets
7.6m
+0.05%
cash
63k
-0.82%
net assets
Total assets minus all liabilities
Similar Companies
arjobex limited company details
company number
00826102
Type
Private limited with Share Capital
industry
17120 - Manufacture of paper and paperboard
incorporation date
November 1964
age
61
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2017
previous names
united plastics limited (May 1989)
accountant
-
auditor
-
address
frp advisory llp jupiter house, warley hill busness park, the drive, brentwood, CM13 3BE
Bank
-
Legal Advisor
-
arjobex 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 arjobex limited. Currently there are 1 open charges and 0 have been satisfied in the past.
arjobex 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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arjobex limited Companies House Filings - See Documents
| date | description | view/download |
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