Plasmet Limited

POWER SEARCH PRICING

SOLUTIONS

plasmet limited Company Information

Live

MatureSmallHigh

Company Number

01166984

Website

www.plasmet.co.uk

Registered Address

barton moss road, eccles, manchester, M30 7RL

Industry

Non-specialised wholesale trade

Telephone

01617073141

Next Accounts Due

March 2025

Group Structure

View All

Directors

Richard Swarbrick19 Years

Christopher Martin10 Years

Shareholders

plasmet holdings ltd 100%

plasmet limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of PLASMET LIMITED at £3.5m based on an EBITDA of £640.6k and a 5.51x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Plasmet Limited is a live company located in manchester, M30 7RL with a Companies House number of 01166984. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in April 1974, it's largest shareholder is plasmet holdings ltd with a 100% stake. Plasmet Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Plasmet Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

4 Strong

6 Regular

2 Weak

Size

annual sales of £4.6m, make it smaller than the average company (£14.5m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.8%)

EXPORT

Plasmet Limited's latest turnover from June 2023 is estimated at £4.6 million and the company has net assets of £1.3 million. According to their latest financial statements, Plasmet Limited has 30 employees and maintains cash reserves of £834.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	4,557,224	4,730,125	2,825,054	2,841,727	3,544,953	3,316,517	3,270,600	3,032,139	2,016,951	2,550,856	1,932,945	1,276,603	1,655,836	1,149,479
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,311,006	3,405,690	2,058,589	2,063,180	2,585,244	2,430,048	2,373,551	2,170,131	1,456,738	1,846,472	1,391,804	920,796	1,189,620	822,009
Gross Profit	1,246,218	1,324,435	766,465	778,546	959,710	886,469	897,048	862,008	560,213	704,384	541,141	355,807	466,216	327,470
Admin Expenses	714,020	1,025,619	1,066,123	592,170	969,128	786,298	707,847	813,292	275,234	505,031	573,792	390,821	394,688	108,541
Operating Profit	532,198	298,816	-299,658	186,376	-9,418	100,171	189,201	48,716	284,979	199,353	-32,651	-35,014	71,528	218,929
Interest Payable	3,267	5,316	2,844	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	26,987	4,220	459	310	1,838	1,454	439	1,523	1,757	616	567	882	811	430
Pre-Tax Profit	555,919	297,720	-302,044	186,686	-7,580	101,626	189,641	50,239	286,736	199,968	-32,084	-34,132	72,339	219,358
Tax	-138,980	-56,567	0	-35,470	0	-19,309	-36,032	-10,048	-57,347	-41,993	0	0	-18,808	-61,420
Profit After Tax	416,939	241,153	-302,044	151,216	-7,580	82,317	153,609	40,191	229,389	157,975	-32,084	-34,132	53,531	157,938
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	416,939	241,153	-302,044	151,216	-7,580	82,317	153,609	40,191	229,389	157,975	-32,084	-34,132	53,531	157,938
Employee Costs	1,273,355	1,211,773	336,464	1,066,331	1,066,720	1,038,143	1,009,771	985,217	232,497	297,379	227,355	161,642	221,984	154,711
Number Of Employees	30	30	9	29	29	29	29	29	7	9	7	5	7	5
EBITDA*	640,622	406,762	-217,425	266,986	73,351	184,633	249,697	115,412	331,550	247,390	2,306	-8,093	97,979	240,241

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	616,194	713,459	824,959	451,889	509,512	566,749	581,081	331,121	394,764	310,274	336,509	221,454	248,640	197,825
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	616,194	713,459	824,959	451,889	509,512	566,749	581,081	331,121	394,764	310,274	336,509	221,454	248,640	197,825
Stock & work in progress	99,737	181,477	110,225	50,770	141,478	75,942	81,574	72,474	77,175	95,670	105,101	65,941	71,951	70,765
Trade Debtors	628,524	708,232	379,460	228,375	440,661	403,087	310,275	346,570	372,253	495,820	374,111	226,043	336,758	198,925
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	179,592	105,335	131,474	494,525	433,963	401,512	404,774	406,730	0	0	0	0	0	0
Cash	834,684	244,803	430,373	486,625	133,791	356,430	225,343	126,056	483,117	219,870	26,406	200,215	152,439	171,928
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,742,537	1,239,847	1,051,532	1,260,295	1,149,893	1,236,971	1,021,966	951,830	932,545	811,360	505,618	492,199	561,148	441,618
total assets	2,358,731	1,953,306	1,876,491	1,712,184	1,659,405	1,803,720	1,603,047	1,282,951	1,327,309	1,121,634	842,127	713,653	809,788	639,443
Bank overdraft	6,002	12,559	43,249	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	329,744	360,088	731,970	197,021	278,890	243,559	469,275	223,231	512,129	608,311	430,777	327,993	368,590	292,273
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	4,660	4,389	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	484,709	264,685	172,050	262,456	377,187	306,235	158,767	241,358	0	0	0	0	0	0
total current liabilities	820,455	637,332	947,269	459,477	656,077	549,794	628,042	464,589	512,129	608,311	435,437	332,382	368,590	292,273
loans	0	40,833	50,000	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	118,800	255,466	154,035	225,476	118,800	351,371	159,742	184,317	209,713	157,375	221,315	162,300	183,800	152,155
provisions	110,958	128,096	74,761	74,761	83,274	93,721	88,746	61,137	72,750	52,620	40,022	41,534	45,829	36,977
total long term liabilities	229,758	424,395	278,796	300,237	202,074	445,092	248,488	245,454	282,463	209,995	261,337	203,834	229,629	189,132
total liabilities	1,050,213	1,061,727	1,226,065	759,714	858,151	994,886	876,530	710,043	794,592	818,306	696,774	536,216	598,219	481,405
net assets	1,308,518	891,579	650,426	952,470	801,254	808,834	726,517	572,908	532,717	303,328	145,353	177,437	211,569	158,038
total shareholders funds	1,308,518	891,579	650,426	952,470	801,254	808,834	726,517	572,908	532,717	303,328	145,353	177,437	211,569	158,038

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	532,198	298,816	-299,658	186,376	-9,418	100,171	189,201	48,716	284,979	199,353	-32,651	-35,014	71,528	218,929
Depreciation	108,424	107,946	82,233	80,610	82,769	84,462	60,496	66,696	46,571	48,037	34,957	26,921	26,451	21,312
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-138,980	-56,567	0	-35,470	0	-19,309	-36,032	-10,048	-57,347	-41,993	0	0	-18,808	-61,420
Stock	-81,740	71,252	59,455	-90,708	65,536	-5,632	9,100	-4,701	-18,495	-9,431	39,160	-6,010	1,186	70,765
Debtors	-5,451	302,633	-211,966	-151,724	70,025	89,550	-38,251	381,047	-123,567	121,709	148,068	-110,715	137,833	198,925
Creditors	-30,344	-371,882	534,949	-81,869	35,331	-225,716	246,044	-288,898	-96,182	177,534	102,784	-40,597	76,317	292,273
Accruals and Deferred Income	220,024	92,635	-90,406	-114,731	70,952	147,468	-82,591	241,358	0	0	0	0	0	0
Deferred Taxes & Provisions	-17,138	53,335	0	-8,513	-10,447	4,975	27,609	-11,613	20,130	12,598	-1,512	-4,295	8,852	36,977
Cash flow from operations	761,375	-249,602	379,629	268,835	33,626	8,133	433,878	-330,135	340,213	283,251	-83,650	63,740	25,321	238,381
Investing Activities
capital expenditure	-11,159	3,554	-455,303	-22,987	-25,532	-70,130	-310,456	-3,053	-131,061	-21,802	-150,012	265	-77,266	-219,137
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-11,159	3,554	-455,303	-22,987	-25,532	-70,130	-310,456	-3,053	-131,061	-21,802	-150,012	265	-77,266	-219,137
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	-4,660	271	4,389	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-40,833	-9,167	50,000	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-136,666	101,431	-71,441	106,676	-232,571	191,629	-24,575	-25,396	52,338	-63,940	59,015	-21,500	31,645	152,155
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	23,720	-1,096	-2,385	310	1,838	1,454	439	1,523	1,757	616	567	882	811	430
cash flow from financing	-153,779	91,168	-23,826	106,986	-230,733	193,083	-24,136	-23,873	54,095	-67,984	59,853	-16,229	32,456	152,685
cash and cash equivalents
cash	589,881	-185,570	-56,252	352,834	-222,639	131,087	99,287	-357,061	263,247	193,464	-173,809	47,776	-19,489	171,928
overdraft	-6,557	-30,690	43,249	0	0	0	0	0	0	0	0	0	0	0
change in cash	596,438	-154,880	-99,501	352,834	-222,639	131,087	99,287	-357,061	263,247	193,464	-173,809	47,776	-19,489	171,928

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for plasmet limited. Get real-time insights into plasmet 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

Perform a competitor analysis for plasmet limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M30 area or any other competitors across 12 key performance metrics.

PLASMET LIMITED group structure

Plasmet Limited has no subsidiary companies.

Ultimate parent company

PLASMET HOLDINGS LIMITED

04171629

1 parent

PLASMET LIMITED

01166984

PLASMET LIMITED Shareholders

plasmet holdings ltd

100%

Plasmet Limited currently has 2 directors. The longest serving directors include Mr Richard Swarbrick (Nov 2005) and Mr Christopher Martin (Dec 2013).

officer	country	age	start	end	role
Mr Richard Swarbrick		54 years	Nov 2005	-	Director
Mr Christopher Martin	United Kingdom	47 years	Dec 2013	-	Director

P&L

June 2023

turnover

4.6m

-4%

operating profit

532.2k

gross margin

27.4%

-2.34%

turnover

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

Balance Sheet

June 2023

net assets

1.3m

+0.47%

total assets

2.4m

+0.21%

cash

834.7k

+2.41%

net assets

Total assets minus all liabilities

Similar Companies

sana trading limited

prescote limited

elmshire ltd

dugdale davies pet treats limited

rutronik electronics uk ltd

company number

01166984

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

April 1974

ultimate parent company

PLASMET HOLDINGS LIMITED

previous names

plasmet roofing supplies limited (August 1989)

address

barton moss road, eccles, manchester, M30 7RL

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 6 charges/mortgages relating to plasmet limited. Currently there are 1 open charges and 5 have been satisfied in the past.

plasmet limited Company Information

plasmet limited Estimated Valuation

plasmet limited Estimated Valuation

plasmet limited Estimated Valuation

Plasmet Limited Overview

Plasmet Limited Health Check

PLASMET LIMITED financials

plasmet limited Credit Report and Business Information

Plasmet Limited Competitor Analysis

plasmet limited Ownership

plasmet limited directors

plasmet limited company details

plasmet limited Charges & Mortgages

plasmet limited Companies House Filings - See Documents