ball & young limited

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ball & young limited Company Information

Share BALL & YOUNG LIMITED

Company Number

00901282

Directors

Ian Robb

Chadi Iskandar

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Shareholders

vita (group) unlimited

Group Structure

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Industry

Manufacture of plastics in primary forms

 

Registered Address

oldham road middleton, manchester, M24 2DB

ball & young limited Estimated Valuation

£35.7m

Pomanda estimates the enterprise value of BALL & YOUNG LIMITED at £35.7m based on a Turnover of £28.8m and 1.24x industry multiple (adjusted for size and gross margin).

ball & young limited Estimated Valuation

£65.3m

Pomanda estimates the enterprise value of BALL & YOUNG LIMITED at £65.3m based on an EBITDA of £6.7m and a 9.72x industry multiple (adjusted for size and gross margin).

ball & young limited Estimated Valuation

£198.3m

Pomanda estimates the enterprise value of BALL & YOUNG LIMITED at £198.3m based on Net Assets of £100.2m and 1.98x industry multiple (adjusted for liquidity).

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Ball & Young Limited Overview

Ball & Young Limited is a live company located in manchester, M24 2DB with a Companies House number of 00901282. It operates in the manufacture of plastics in primary forms sector, SIC Code 20160. Founded in March 1967, it's largest shareholder is vita (group) unlimited with a 100% stake. Ball & Young Limited is a mature, large sized company, Pomanda has estimated its turnover at £28.8m with declining growth in recent years.

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Ball & Young Limited Health Check

Pomanda's financial health check has awarded Ball & Young Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £28.8m, make it larger than the average company (£22.9m)

£28.8m - Ball & Young Limited

£22.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6%)

-2% - Ball & Young Limited

6% - Industry AVG

production

Production

with a gross margin of 37.5%, this company has a lower cost of product (18.1%)

37.5% - Ball & Young Limited

18.1% - Industry AVG

profitability

Profitability

an operating margin of 18.1% make it more profitable than the average company (4.4%)

18.1% - Ball & Young Limited

4.4% - Industry AVG

employees

Employees

with 114 employees, this is above the industry average (71)

114 - Ball & Young Limited

71 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.3k, the company has an equivalent pay structure (£48.5k)

£46.3k - Ball & Young Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.6k, this is less efficient (£323k)

£252.6k - Ball & Young Limited

£323k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Ball & Young Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (30 days)

78 days - Ball & Young Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is less than average (51 days)

30 days - Ball & Young Limited

51 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (10 weeks)

3 weeks - Ball & Young Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 15.2%, this is a lower level of debt than the average (39.1%)

15.2% - Ball & Young Limited

39.1% - Industry AVG

BALL & YOUNG LIMITED financials

EXPORTms excel logo

Ball & Young Limited's latest turnover from December 2023 is £28.8 million and the company has net assets of £100.2 million. According to their latest financial statements, Ball & Young Limited has 114 employees and maintains cash reserves of £751.1 thousand 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
Turnover28,799,62032,967,40032,253,80530,357,29536,649,00232,079,35831,922,44734,192,90434,196,15231,797,80030,656,85926,724,31525,591,37226,629,62230,101,907
Other Income Or Grants000000000000000
Cost Of Sales17,987,79720,862,57420,106,80918,586,51922,206,48821,075,03819,074,54619,073,32120,255,23121,390,82423,739,11320,282,76418,936,06221,415,13924,168,913
Gross Profit10,811,82312,104,82612,146,99611,770,77614,442,51411,004,32012,847,90115,119,58313,940,92110,406,9766,917,7466,441,5516,655,3105,214,4835,932,994
Admin Expenses5,605,8995,638,7954,976,4394,025,8145,505,8315,038,8735,420,5974,977,8545,685,4994,965,5334,634,7024,549,8863,998,6214,749,2334,686,895
Operating Profit5,205,9246,466,0317,170,5577,744,9628,936,6835,965,4477,427,30410,141,7298,255,4225,441,4432,283,0441,891,6652,656,689465,2501,246,099
Interest Payable827,845690,673603,063615,322649,675149,55290,656153,668133,973152,203102,8142,61317,3597,2060
Interest Receivable7,438,3053,362,0452,062,1952,290,3852,467,9111,537,365375,933471,334311,406258,541228,220284,717305,425229,594256,343
Pre-Tax Profit11,816,3849,137,4038,629,6899,420,02510,754,9197,353,2607,712,58110,459,3958,432,8555,547,7812,408,4502,173,7692,944,755687,6381,502,442
Tax-2,761,687-1,851,575-1,718,795-1,766,441-2,024,188-1,102,484-1,525,046-1,422,610-1,714,379-1,224,748-275,404-379,623-91,111-71,776-2,210
Profit After Tax9,054,6977,285,8286,910,8947,653,5848,730,7316,250,7766,187,5359,036,7856,718,4764,323,0332,133,0461,794,1462,853,644615,8621,500,232
Dividends Paid000000000000000
Retained Profit9,054,6977,285,8286,910,8947,653,5848,730,7316,250,7766,187,5359,036,7856,718,4764,323,0332,133,0461,794,1462,853,644615,8621,500,232
Employee Costs5,283,5185,770,0915,508,8805,634,8474,882,2114,535,4374,596,4794,654,8014,701,4214,385,7124,132,1653,977,7863,756,5813,598,5383,783,417
Number Of Employees114135140141139132133137133128127131128114126
EBITDA*6,714,3077,855,3347,818,3108,360,1879,520,0736,724,8588,198,74210,818,6658,890,3506,104,2963,025,3842,634,0053,121,568929,5241,671,339

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,011,1153,589,2428,963,3069,443,6649,979,1042,948,7253,282,7153,797,6143,709,9563,832,8224,093,3524,313,4264,751,0344,452,4462,488,057
Intangible Assets6,693,9236,646,7050000000009874,9358,88312,831
Investments & Other000000000000000
Debtors (Due After 1 year)101,424,92994,972,97394,140,72081,890,9070049,838,29344,457,59638,696,38128,661,13721,550,38922,302,47724,984,33624,952,91025,073,832
Total Fixed Assets111,129,967105,208,920103,104,02691,334,5719,979,1042,948,72553,121,00848,255,21042,406,33732,493,95925,643,74126,616,89029,740,30529,414,23927,574,720
Stock & work in progress1,487,3912,634,3392,177,3911,752,3161,694,3321,404,6591,156,6011,429,6011,161,1261,082,0701,473,8901,116,032848,911739,834969,311
Trade Debtors0000438,49701,595,4641,583,5472,012,0231,879,9762,001,3581,398,2352,293,3221,595,3691,651,126
Group Debtors4,182,14519,7351,101,6691,084,01970,631,25163,059,4021,654,2421,309,201906,357524,678378,249577,829260,61200
Misc Debtors535,323431,959534,269389,119229,929151,333985,223354,798370,675375,342333,140250,281316,631221,159939,499
Cash751,0531,218,4081,448,660663,357912,706765,2142,543,1012,782,8203,177,4604,769,8417,426,8753,556,0441,571,193895,1982,620,780
misc current assets000000000000000
total current assets6,955,9124,304,4415,261,9893,888,81173,906,71565,380,6087,934,6317,459,9677,627,6418,631,90711,613,5126,898,4215,290,6693,451,5606,180,716
total assets118,085,879109,513,361108,366,01595,223,38283,885,81968,329,33361,055,63955,715,17750,033,97841,125,86637,257,25333,515,31135,030,97432,865,79933,755,436
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,883,5834,831,1075,814,1566,470,7223,130,8724,131,9533,454,4973,400,8923,514,8113,287,1593,443,1353,190,7723,422,7502,587,5492,778,726
Group/Directors Accounts1,611,8512,341,0942,640,1221,574,5051,124,2721,147,670649,572659,497683,535943,6401,342,7091,299,1672,666,7014,171,8584,693,435
other short term finances0000000760,5250000000
hp & lease commitments1,056,2461,157,115923,656879,940890,2882,87616,19716,19715,560009,74621,49219,05614,777
other current liabilities4,507,1663,243,2041,905,1893,369,4623,106,5872,138,8911,460,4802,477,9663,943,0162,406,3912,001,9171,856,2321,395,124695,378846,827
total current liabilities11,058,84611,572,52011,283,12312,294,6298,252,0197,421,3905,580,7467,315,0778,156,9226,637,1906,787,7616,355,9177,506,0677,473,8418,333,765
loans007,520,705000776,66702,545,8261,648,7191,798,336764,3423,061,3993,061,3993,153,294
hp & lease commitments6,284,8726,042,7485,046,0095,502,5295,964,78603,54019,73735,93466,442009,74631,23860,274
Accruals and Deferred Income000000000000000
other liabilities288,998290,996272,956261,904254,237246,569238,902221,233203,566185,897168,230147,128136,676173,68062,149
provisions298,888506,834434,358262,737127,739120,674163,04668,2170263,113501,454379,498240,224902,4231,538,598
total long term liabilities6,872,7586,840,57813,274,0286,027,1706,346,762367,2431,182,155309,1872,785,3262,164,1712,468,0201,290,9683,448,0454,168,7404,814,315
total liabilities17,931,60418,413,09824,557,15118,321,79914,598,7817,788,6336,762,9017,624,26410,942,2488,801,3619,255,7817,646,88510,954,11211,642,58113,148,080
net assets100,154,27591,100,26383,808,86476,901,58369,287,03860,540,70054,292,73848,090,91339,091,73032,324,50528,001,47225,868,42624,076,86221,223,21820,607,356
total shareholders funds100,154,27591,100,26383,808,86476,901,58369,287,03860,540,70054,292,73848,090,91339,091,73032,324,50528,001,47225,868,42624,076,86221,223,21820,607,356
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit5,205,9246,466,0317,170,5577,744,9628,936,6835,965,4477,427,30410,141,7298,255,4225,441,4432,283,0441,891,6652,656,689465,2501,246,099
Depreciation607,072554,759647,753615,225583,390759,411771,438676,936634,928662,853738,392738,392460,931460,326421,292
Amortisation901,311834,544000000003,9483,9483,9483,9483,948
Tax-2,761,687-1,851,575-1,718,795-1,766,441-2,024,188-1,102,484-1,525,046-1,422,610-1,714,379-1,224,748-275,404-379,623-91,111-71,776-2,210
Stock-1,146,948456,948425,07557,984289,673248,058-273,000268,47579,056-391,820357,858267,121109,077-229,477969,311
Debtors10,717,730-351,99112,412,61312,064,3688,088,9429,137,5136,368,0805,719,70610,544,3037,177,997-265,686-3,326,0791,085,463-895,01927,664,457
Creditors-947,524-983,049-656,5663,339,850-1,001,081677,45653,605-113,919227,652-155,976252,363-231,978835,201-191,1772,778,726
Accruals and Deferred Income1,263,9621,338,015-1,464,273262,875967,696678,411-1,017,486-1,465,0501,536,625404,474145,685461,108699,746-151,449846,827
Deferred Taxes & Provisions-207,94672,476171,621134,9987,065-42,37294,82968,217-263,113-238,341121,956139,274-662,199-636,1751,538,598
Cash flow from operations-5,509,6706,326,244-8,687,391-1,790,883-909,050-2,449,702-290,4361,897,122-1,946,224-1,896,4723,177,8125,681,7442,708,6651,003,443-21,800,488
Investing Activities
capital expenditure-977,474-2,661,944-167,395-79,785-7,613,769-425,421-256,539-764,594-512,062-402,323-521,279-300,784-759,519-2,424,715-2,926,128
Change in Investments000000000000000
cash flow from investments-977,474-2,661,944-167,395-79,785-7,613,769-425,421-256,539-764,594-512,062-402,323-521,279-300,784-759,519-2,424,715-2,926,128
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-729,243-299,0281,065,617450,233-23,398498,098-9,925-24,038-260,105-399,06943,542-1,367,534-1,505,157-521,5774,693,435
Other Short Term Loans 000000-760,525760,5250000000
Long term loans0-7,520,7057,520,70500-776,667776,667-2,545,826897,107-149,6171,033,994-2,297,0570-91,8953,153,294
Hire Purchase and Lease Commitments141,2551,230,198-412,804-472,6056,852,198-16,861-16,197-15,560-14,94866,442-9,746-21,492-19,056-24,75775,051
other long term liabilities-1,99818,04011,0527,6677,6687,66717,66917,66717,66917,66721,10210,452-37,004111,53162,149
share issue-6855,571-3,613-39,03915,607-2,81414,290-37,60248,74900-2,5820019,107,124
interest6,610,4602,671,3721,459,1321,675,0631,818,2361,387,813285,277317,666177,433106,338125,406282,104288,066222,388256,343
cash flow from financing6,019,789-3,894,5529,640,0891,621,3198,670,3111,097,236307,256-1,527,168865,905-358,2391,214,298-3,396,109-1,273,151-304,31027,347,396
cash and cash equivalents
cash-467,355-230,252785,303-249,349147,492-1,777,887-239,719-394,640-1,592,381-2,657,0343,870,8311,984,851675,995-1,725,5822,620,780
overdraft000000000000000
change in cash-467,355-230,252785,303-249,349147,492-1,777,887-239,719-394,640-1,592,381-2,657,0343,870,8311,984,851675,995-1,725,5822,620,780

ball & young 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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Ball & Young Limited Competitor Analysis

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Perform a competitor analysis for ball & young limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M24 area or any other competitors across 12 key performance metrics.

ball & young limited Ownership

BALL & YOUNG LIMITED group structure

Ball & Young Limited has no subsidiary companies.

Ultimate parent company

VITA GLOBAL HOLDINGS LTD

#0075669

2 parents

BALL & YOUNG LIMITED

00901282

BALL & YOUNG LIMITED Shareholders

vita (group) unlimited 100%

ball & young limited directors

Ball & Young Limited currently has 5 directors. The longest serving directors include Mr Ian Robb (Jan 2019) and Mr Chadi Iskandar (Mar 2024).

officercountryagestartendrole
Mr Ian Robb65 years Jan 2019- Director
Mr Chadi Iskandar41 years Mar 2024- Director
Mr Peter Ward39 years Apr 2024- Director
Ms Rachel Smith54 years Jul 2024- Director
Mr Michael Murray55 years Dec 2024- Director

P&L

December 2023

turnover

28.8m

-13%

operating profit

5.2m

-19%

gross margin

37.6%

+2.24%

turnover

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

Balance Sheet

December 2023

net assets

100.2m

+0.1%

total assets

118.1m

+0.08%

cash

751.1k

-0.38%

net assets

Total assets minus all liabilities

ball & young limited company details

company number

00901282

Type

Private limited with Share Capital

industry

20160 - Manufacture of plastics in primary forms

incorporation date

March 1967

age

58

incorporated

UK

ultimate parent company

VITA GLOBAL HOLDINGS LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

vitafoam limited (October 2008)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

oldham road middleton, manchester, M24 2DB

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

ball & young 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 9 charges/mortgages relating to ball & young limited. Currently there are 2 open charges and 7 have been satisfied in the past.

ball & young 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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ball & young limited Companies House Filings - See Documents

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