zf automotive uk limited

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zf automotive uk limited Company Information

Share ZF AUTOMOTIVE UK LIMITED
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Company Number

00872948

Registered Address

the hub central boulevard, shirley, solihull, west midlands, B90 8BG

Industry

Manufacture of electrical and electronic equipment for motor vehicles

 

Manufacture of other parts and accessories for motor vehicles

 

Telephone

01215065000

Next Accounts Due

September 2024

Group Structure

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Directors

Stephen Batterbee9 Years

Arjan Birk2 Years

View All

Shareholders

zf international uk limited 100%

zf automotive uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ZF AUTOMOTIVE UK LIMITED at £0 based on a Turnover of £750.2m and 0x industry multiple (adjusted for size and gross margin).

zf automotive uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ZF AUTOMOTIVE UK LIMITED at £0 based on an EBITDA of £53.7m and a 0x industry multiple (adjusted for size and gross margin).

zf automotive uk limited Estimated Valuation

£715.6m

Pomanda estimates the enterprise value of ZF AUTOMOTIVE UK LIMITED at £715.6m based on Net Assets of £369m and 1.94x industry multiple (adjusted for liquidity).

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Zf Automotive Uk Limited Overview

Zf Automotive Uk Limited is a live company located in solihull, B90 8BG with a Companies House number of 00872948. It operates in the manufacture of electrical and electronic equipment for motor vehicles and their engines sector, SIC Code 29310. Founded in March 1966, it's largest shareholder is zf international uk limited with a 100% stake. Zf Automotive Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £750.2m with declining growth in recent years.

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Zf Automotive Uk Limited Health Check

Pomanda's financial health check has awarded Zf Automotive Uk 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

4 Regular

positive_score

3 Weak

size

Size

annual sales of £750.2m, make it larger than the average company (£19.5m)

£750.2m - Zf Automotive Uk Limited

£19.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (-2.1%)

-4% - Zf Automotive Uk Limited

-2.1% - Industry AVG

production

Production

with a gross margin of 11.9%, this company has a higher cost of product (19.1%)

11.9% - Zf Automotive Uk Limited

19.1% - Industry AVG

profitability

Profitability

an operating margin of 4.1% make it more profitable than the average company (3.2%)

4.1% - Zf Automotive Uk Limited

3.2% - Industry AVG

employees

Employees

with 1840 employees, this is above the industry average (119)

1840 - Zf Automotive Uk Limited

119 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£40.9k)

£49.1k - Zf Automotive Uk Limited

£40.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £407.7k, this is more efficient (£173.9k)

£407.7k - Zf Automotive Uk Limited

£173.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is near the average (49 days)

47 days - Zf Automotive Uk Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (44 days)

52 days - Zf Automotive Uk Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 76 days, this is in line with average (72 days)

76 days - Zf Automotive Uk Limited

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)

0 weeks - Zf Automotive Uk Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.6%, this is a similar level of debt than the average (54.7%)

50.6% - Zf Automotive Uk Limited

54.7% - Industry AVG

zf automotive uk 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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Zf Automotive Uk Limited Competitor Analysis

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Perform a competitor analysis for zf automotive uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

zf automotive uk limited Ownership

ZF AUTOMOTIVE UK LIMITED group structure

Zf Automotive Uk Limited has 2 subsidiary companies.

Ultimate parent company

ZF FRIEDRICHSHAFEN AG

#0010307

2 parents

ZF AUTOMOTIVE UK LIMITED

00872948

2 subsidiaries

ZF AUTOMOTIVE UK LIMITED Shareholders

zf international uk limited 100%

zf automotive uk limited directors

Zf Automotive Uk Limited currently has 3 directors. The longest serving directors include Mr Stephen Batterbee (Jan 2015) and Mr Arjan Birk (Apr 2022).

officercountryagestartendrole
Mr Stephen BatterbeeUnited Kingdom57 years Jan 2015- Director
Mr Arjan BirkEngland56 years Apr 2022- Director
Mr Bal PanaserUnited Kingdom63 years Oct 2022- Director

ZF AUTOMOTIVE UK LIMITED financials

EXPORTms excel logo

Zf Automotive Uk Limited's latest turnover from December 2022 is £750.2 million and the company has net assets of £369 million. According to their latest financial statements, Zf Automotive Uk Limited has 1,840 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover750,205,000721,330,000710,330,000849,608,000336,380,000341,166,000326,793,000306,601,000303,594,000296,781,000274,764,000295,109,000288,906,000240,808,000
Other Income Or Grants00000000000000
Cost Of Sales661,191,000602,986,000649,630,000754,626,000290,943,000293,474,000284,350,000280,386,000269,397,000232,092,411216,152,517229,762,543225,446,700192,646,400
Gross Profit89,014,000118,344,00060,700,00094,982,00045,437,00047,692,00042,443,00026,215,00034,197,00064,688,58958,611,48365,346,45763,459,30048,161,600
Admin Expenses58,033,00083,497,00083,610,00027,400,00056,637,00045,516,00033,710,000-104,000496,880,00041,975,58941,290,48347,099,45775,546,30053,210,600
Operating Profit30,981,00034,847,000-22,910,00067,582,000-11,200,0002,176,0008,733,00026,319,000-462,683,00022,713,00017,321,00018,247,000-12,087,000-5,049,000
Interest Payable577,0001,222,0001,432,0003,980,000533,000112,00027,00042,000341,000367,000495,000575,000258,00013,615,000
Interest Receivable10,878,0006,548,0009,832,00018,513,00017,128,00018,329,00021,898,00021,532,00038,260,0007,908,0008,076,000367,00000
Pre-Tax Profit42,502,00029,531,000-14,565,00082,027,0005,301,00020,533,00026,300,00047,664,000-424,764,00029,982,00024,582,00017,615,000-12,579,000-18,556,000
Tax-8,946,0002,100,000-5,569,000-10,774,000-3,606,000-9,793,000-5,044,000-13,564,00080,689,000-1,672,000-1,566,000-878,000-556,000-31,914,000
Profit After Tax33,556,00031,631,000-20,134,00071,253,0001,695,00010,740,00021,256,00034,100,000-344,075,00028,310,00023,016,00016,737,000-13,135,000-50,470,000
Dividends Paid00000000000000
Retained Profit33,556,00031,631,000-20,134,00071,253,0001,695,00010,740,00021,256,00034,100,000-344,075,00028,310,00023,016,00016,737,000-13,135,000-50,470,000
Employee Costs90,282,00094,930,000100,235,00096,848,00076,762,00071,203,00070,930,00067,687,00066,150,00064,439,00060,699,00061,772,00058,472,00067,110,000
Number Of Employees1,8402,0372,1962,7321,8762,0351,9582,0051,9101,8261,7871,6801,6461,685
EBITDA*53,694,00060,056,0004,676,00094,296,000-599,00013,506,00019,498,00036,776,000-452,928,00031,817,00025,339,00025,546,000-4,748,0001,119,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets114,357,000137,518,000148,476,000132,662,000124,069,00045,114,00048,388,00044,975,00043,524,00046,241,00038,688,00032,499,00031,379,00030,248,000
Intangible Assets941,0001,331,0002,035,0002,236,0002,742,0001,799,0002,063,000916,00052,00000000
Investments & Other80,906,000499,155,000429,007,000414,663,000433,778,000529,453,000470,445,000545,268,000513,167,000791,000791,0001,217,00000
Debtors (Due After 1 year)34,481,0007,343,00040,000,00040,000,000110,000,000110,000,000110,000,00000110,000,000110,000,000110,000,00000
Total Fixed Assets230,685,000645,347,000619,518,000589,561,000670,589,000686,366,000630,896,000591,159,000556,743,000157,032,000149,479,000143,716,00031,379,00030,248,000
Stock & work in progress138,741,00083,167,00040,924,00042,062,00045,455,00018,089,00019,227,00018,365,00013,262,00014,255,00010,336,0009,396,00010,150,0008,174,000
Trade Debtors97,061,00078,820,000139,019,00096,685,000100,543,00035,766,00034,716,00036,766,00035,652,00036,579,00032,902,00030,121,00032,762,00029,356,000
Group Debtors257,598,000171,836,000383,059,000466,211,000281,404,00062,831,00048,440,00034,342,00042,829,00043,089,00043,803,00064,821,00036,558,00019,977,000
Misc Debtors22,180,00027,418,00024,503,00039,265,00039,506,00010,771,00013,692,00033,201,00021,520,00011,106,0009,382,0009,333,0006,181,0006,083,000
Cash1,407,00000523,0007,581,00030,000027,0007,265,00014,740,00014,523,00015,201,00015,103,0003,000
misc current assets000004,752,00000000000
total current assets516,987,000361,241,000587,505,000644,746,000474,489,000132,239,000116,075,000122,701,000120,528,000119,769,000110,946,000128,872,000100,754,00063,593,000
total assets747,672,0001,006,588,0001,207,023,0001,234,307,0001,145,078,000818,605,000746,971,000713,860,000677,271,000276,801,000260,425,000272,588,000132,133,00093,841,000
Bank overdraft000000241,0000000000
Bank loan00000000000000
Trade Creditors 94,437,00086,903,000124,551,000109,739,000109,684,00047,321,00040,411,00044,968,00036,438,00035,051,00033,822,00039,038,00039,386,00036,904,000
Group/Directors Accounts247,729,000124,965,000389,752,000436,682,000395,029,00050,853,00059,178,00070,317,00088,856,000105,879,00094,918,000109,011,00089,487,00067,641,000
other short term finances4,186,000806,0004,446,0001,554,0004,235,0006,037,0004,717,0000116,00000000
hp & lease commitments0000000000000153,000
other current liabilities19,248,00029,045,00044,959,00016,054,00039,525,00029,473,00026,196,00021,542,00031,921,00026,143,00024,259,00020,394,00024,683,00017,958,000
total current liabilities365,600,000241,719,000563,708,000564,029,000548,473,000133,684,000130,743,000136,827,000157,331,000167,073,000152,999,000168,443,000153,556,000122,656,000
loans830,00019,000980,0001,132,000791,0002,021,0001,964,0000000000
hp & lease commitments00000000000000
Accruals and Deferred Income0316,000233,00000248,000471,00000400,000445,000000
other liabilities1,137,0007,398,00010,880,00012,699,000122,000000092,000938,0001,600,0003,143,0000
provisions8,399,00092,310,00053,032,00050,732,00047,399,00067,871,00047,944,00044,707,00031,872,0009,050,0006,457,0007,569,0008,650,0008,582,000
total long term liabilities13,112,000103,622,00068,976,00067,808,00052,036,00074,696,00054,643,00048,533,00035,920,00014,511,00014,423,00014,747,00016,735,00014,642,000
total liabilities378,712,000345,341,000632,684,000631,837,000600,509,000208,380,000185,386,000185,360,000193,251,000181,584,000167,422,000183,190,000170,291,000137,298,000
net assets368,960,000661,247,000574,339,000602,470,000544,569,000610,225,000561,585,000528,500,000484,020,00095,217,00093,003,00089,398,000-38,158,000-43,457,000
total shareholders funds368,960,000661,247,000574,339,000602,470,000544,569,000610,225,000561,585,000528,500,000484,020,00095,217,00093,003,00089,398,000-38,158,000-43,457,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit30,981,00034,847,000-22,910,00067,582,000-11,200,0002,176,0008,733,00026,319,000-462,683,00022,713,00017,321,00018,247,000-12,087,000-5,049,000
Depreciation21,985,00024,400,00026,814,00025,930,00010,088,00010,577,0009,916,00010,017,0009,755,0009,104,0008,018,0007,299,0007,339,0006,168,000
Amortisation728,000809,000772,000784,000513,000753,000849,000440,000000000
Tax-8,946,0002,100,000-5,569,000-10,774,000-3,606,000-9,793,000-5,044,000-13,564,00080,689,000-1,672,000-1,566,000-878,000-556,000-31,914,000
Stock55,574,00042,243,000-1,138,000-3,393,00027,366,000-1,138,000862,0005,103,000-993,0003,919,000940,000-754,0001,976,0008,174,000
Debtors125,903,000-301,164,000-55,580,000110,708,000312,085,00012,520,000102,539,0004,308,000-100,773,0004,687,000-18,188,000138,774,00020,085,00055,416,000
Creditors7,534,000-37,648,00014,812,00055,00062,363,0006,910,000-4,557,0008,530,0001,387,0001,229,000-5,216,000-348,0002,482,00036,904,000
Accruals and Deferred Income-10,113,000-15,831,00029,138,000-23,471,0009,804,0003,054,0005,125,000-10,379,0005,378,0001,839,0004,310,000-4,289,0006,725,00017,958,000
Deferred Taxes & Provisions-83,911,00039,278,0002,300,0003,333,000-20,472,00019,927,0003,237,00012,835,00022,822,0002,593,000-1,112,000-1,081,00068,0008,582,000
Cash flow from operations-223,219,000306,876,000102,075,000-43,876,000-291,961,00022,222,000-85,142,00024,787,000-240,886,00027,200,00039,003,000-119,070,000-18,090,000-30,941,000
Investing Activities
capital expenditure838,000-13,547,000-43,199,000-34,801,000-90,499,000-7,792,000-15,325,000-12,772,000-7,090,000-16,657,000-14,207,000-8,419,000-8,470,000-36,416,000
Change in Investments-418,249,00070,148,00014,344,000-19,115,000-95,675,00059,008,000-74,823,00032,101,000512,376,0000-426,0001,217,00000
cash flow from investments419,087,000-83,695,000-57,543,000-15,686,0005,176,000-66,800,00059,498,000-44,873,000-519,466,000-16,657,000-13,781,000-9,636,000-8,470,000-36,416,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts122,764,000-264,787,000-46,930,00041,653,000344,176,000-8,325,000-11,139,000-18,539,000-17,023,00010,961,000-14,093,00019,524,00021,846,00067,641,000
Other Short Term Loans 3,380,000-3,640,0002,892,000-2,681,000-1,802,0001,320,0004,717,000-116,000116,00000000
Long term loans811,000-961,000-152,000341,000-1,230,00057,0001,964,0000000000
Hire Purchase and Lease Commitments000000000000-153,000153,000
other long term liabilities-6,261,000-3,482,000-1,819,00012,577,000122,000000-92,000-846,000-662,000-1,543,0003,143,0000
share issue-325,843,00055,277,000-7,997,000-13,352,000-67,351,00037,900,00011,829,00010,380,000732,878,000-26,096,000-19,411,000110,819,00018,434,0007,013,000
interest10,301,0005,326,0008,400,00014,533,00016,595,00018,217,00021,871,00021,490,00037,919,0007,541,0007,581,000-208,000-258,000-13,615,000
cash flow from financing-194,848,000-212,267,000-45,606,00053,071,000290,510,00049,169,00029,242,00013,215,000753,798,000-8,440,000-26,585,000128,592,00043,012,00061,192,000
cash and cash equivalents
cash1,407,0000-523,000-7,058,0007,551,00030,000-27,000-7,238,000-7,475,000217,000-678,00098,00015,100,0003,000
overdraft00000-241,000241,0000000000
change in cash1,407,0000-523,000-7,058,0007,551,000271,000-268,000-7,238,000-7,475,000217,000-678,00098,00015,100,0003,000

P&L

December 2022

turnover

750.2m

+4%

operating profit

31m

-11%

gross margin

11.9%

-27.68%

turnover

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

Balance Sheet

December 2022

net assets

369m

-0.44%

total assets

747.7m

-0.26%

cash

1.4m

0%

net assets

Total assets minus all liabilities

zf automotive uk limited company details

company number

00872948

Type

Private limited with Share Capital

industry

29310 - Manufacture of electrical and electronic equipment for motor vehicles

29320 - Manufacture of other parts and accessories for motor vehicles

incorporation date

March 1966

age

58

accounts

Full Accounts

ultimate parent company

ZF FRIEDRICHSHAFEN AG

previous names

trw limited (February 2020)

lucas limited (June 2000)

incorporated

UK

address

the hub central boulevard, shirley, solihull, west midlands, B90 8BG

last accounts submitted

December 2022

zf automotive uk 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 11 charges/mortgages relating to zf automotive uk limited. Currently there are 0 open charges and 11 have been satisfied in the past.

charges

zf automotive uk limited Companies House Filings - See Documents

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