Pomanda estimates the enterprise value of NAIAD PLASTICS LIMITED at £242.9k based on a Turnover of £619.8k and 0.39x industry multiple (adjusted for size and gross margin).
naiad plastics limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NAIAD PLASTICS LIMITED at £0 based on an EBITDA of £-101.7k and a 2.92x industry multiple (adjusted for size and gross margin).
naiad plastics limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NAIAD PLASTICS LIMITED at £0 based on Net Assets of £-207.7k and 1.58x industry multiple (adjusted for liquidity).
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Naiad Plastics LimitedOverview
Naiad Plastics Limited is a live company located in littlehampton, BN17 7LU with a Companies House number of 01209550. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in April 1975, it's largest shareholder is
industrial design consultancy limited
with a 100% stake. Naiad Plastics Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£619.8k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Naiad Plastics Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £619.8k, make it smaller than the average company (£15.6m)
£619.8k - Naiad Plastics Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.1%)
4% - Naiad Plastics Limited
8.1% - Industry AVG
Production
with a gross margin of 27.8%, this company has a comparable cost of product (27.8%)
27.8% - Naiad Plastics Limited
27.8% - Industry AVG
Profitability
an operating margin of -26.7% make it less profitable than the average company (5.4%)
-26.7% - Naiad Plastics Limited
5.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (100)
6 - Naiad Plastics Limited
100 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
£37.7k - Naiad Plastics Limited
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £103.3k, this is less efficient (£160.8k)
£103.3k - Naiad Plastics Limited
£160.8k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is earlier than average (53 days)
40 days - Naiad Plastics Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (41 days)
68 days - Naiad Plastics Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 89 days, this is more than average (56 days)
89 days - Naiad Plastics Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Naiad Plastics Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 143.1%, this is a higher level of debt than the average (42.2%)
143.1% - Naiad Plastics Limited
42.2% - Industry AVG
NAIAD PLASTICS LIMITED financials
EXPORT
Naiad Plastics Limited's latest turnover from March 2024 is estimated at £619.8 thousand and the company has net assets of -£207.7 thousand. According to their latest financial statements, Naiad Plastics Limited has 6 employees and maintains cash reserves of £29.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
619,797
708,350
480,480
547,888
778,172
764,279
682,295
603,535
662,168
781,096
659,836
608,073
711,279
826,286
651,515
Other Income Or Grants
Cost Of Sales
447,472
520,662
344,843
393,094
558,830
548,736
477,234
418,308
462,617
549,582
467,596
430,880
505,028
570,631
450,258
Gross Profit
172,325
187,687
135,637
154,795
219,342
215,543
205,061
185,227
199,551
231,514
192,239
177,193
206,251
255,656
201,257
Admin Expenses
337,688
221,456
180,087
224,806
189,924
239,146
207,837
194,367
208,006
159,999
209,311
212,486
166,237
165,776
166,607
Operating Profit
-165,363
-33,769
-44,450
-70,011
29,418
-23,603
-2,776
-9,140
-8,455
71,515
-17,072
-35,293
40,014
89,880
34,650
Interest Payable
3,174
3,896
3,134
1,544
75
74
32
241
229
Interest Receivable
1,470
2,460
509
52
41
285
195
33
141
165
130
200
168
81
7
Pre-Tax Profit
-167,067
-35,205
-47,075
-71,503
29,384
-23,391
-2,614
-9,348
-8,543
71,680
-16,942
-35,093
40,181
89,961
34,657
Tax
-5,583
-15,053
-10,447
-25,189
-9,704
Profit After Tax
-167,067
-35,205
-47,075
-71,503
23,801
-23,391
-2,614
-9,348
-8,543
56,627
-16,942
-35,093
29,734
64,772
24,953
Dividends Paid
Retained Profit
-167,067
-35,205
-47,075
-71,503
23,801
-23,391
-2,614
-9,348
-8,543
56,627
-16,942
-35,093
29,734
64,772
24,953
Employee Costs
226,184
250,921
275,434
295,762
423,257
416,194
343,476
299,358
289,042
201,036
167,426
136,915
187,496
212,938
186,278
Number Of Employees
6
7
8
9
13
13
11
10
10
7
6
5
7
8
7
EBITDA*
-101,693
-6,739
-24,724
-55,768
44,605
-4,721
16,239
8,660
11,903
91,213
537
-23,038
48,055
100,476
44,788
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
253,019
225,413
49,888
69,614
48,505
60,309
74,226
74,585
64,551
79,866
71,975
74,062
57,483
54,410
52,542
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
11,400
11,400
Total Fixed Assets
264,419
236,813
49,888
69,614
48,505
60,309
74,226
74,585
64,551
79,866
71,975
74,062
57,483
54,410
52,542
Stock & work in progress
110,327
72,530
58,619
47,618
43,989
43,989
43,871
58,021
87,102
86,152
73,611
75,156
66,682
63,428
46,859
Trade Debtors
68,578
129,422
46,063
76,279
112,835
110,153
114,137
96,787
111,048
131,888
114,505
94,318
142,099
175,419
123,554
Group Debtors
Misc Debtors
8,867
16,631
26,441
21,757
6,268
3,070
2,766
2,535
4,777
Cash
29,291
26,707
89,065
46,670
57,554
24,397
51,684
26,180
105
56,358
9,472
42,651
37,277
29,752
2,644
misc current assets
total current assets
217,063
245,290
220,188
192,324
220,646
181,609
212,458
183,523
203,032
274,398
197,588
212,125
246,058
268,599
173,057
total assets
481,482
482,103
270,076
261,938
269,151
241,918
286,684
258,108
267,583
354,264
269,563
286,187
303,541
323,009
225,599
Bank overdraft
9,324
9,932
612
1,852
330
663
7,037
Bank loan
9,687
7,500
Trade Creditors
84,463
53,055
20,238
29,193
16,470
27,080
19,384
24,394
28,835
199,470
169,589
168,263
163,974
204,683
174,175
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
581,476
431,964
194,830
121,519
129,733
111,229
133,397
90,954
92,690
total current liabilities
675,263
494,951
224,755
158,212
146,815
140,161
153,111
116,011
128,562
199,470
169,589
168,263
163,974
204,683
174,175
loans
13,933
23,236
33,165
42,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,563
10,346
11,716
963
6,744
12,525
2,366
6,621
10,270
16,736
2,541
13,219
13,380
provisions
7,252
7,877
9,200
11,459
14,103
14,232
11,967
14,942
13,100
7,642
8,387
6,202
3,911
total long term liabilities
13,933
27,799
50,763
62,093
9,200
12,422
20,847
26,757
14,333
21,563
23,370
24,378
10,928
19,421
17,291
total liabilities
689,196
522,750
275,518
220,305
156,015
152,583
173,958
142,768
142,895
221,033
192,959
192,641
174,902
224,104
191,466
net assets
-207,714
-40,647
-5,442
41,633
113,136
89,335
112,726
115,340
124,688
133,231
76,604
93,546
128,639
98,905
34,133
total shareholders funds
-207,714
-40,647
-5,442
41,633
113,136
89,335
112,726
115,340
124,688
133,231
76,604
93,546
128,639
98,905
34,133
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-165,363
-33,769
-44,450
-70,011
29,418
-23,603
-2,776
-9,140
-8,455
71,515
-17,072
-35,293
40,014
89,880
34,650
Depreciation
63,670
27,030
19,726
14,243
15,187
18,882
19,015
17,800
20,358
19,698
17,609
12,255
8,041
10,596
10,138
Amortisation
Tax
-5,583
-15,053
-10,447
-25,189
-9,704
Stock
37,797
13,911
11,001
3,629
118
-14,150
-29,081
950
12,541
-1,545
8,474
3,254
16,569
46,859
Debtors
-68,608
84,949
-25,532
-21,067
5,880
-3,680
17,581
-16,503
-16,063
17,383
20,187
-47,781
-33,320
51,865
123,554
Creditors
31,408
32,817
-8,955
12,723
-10,610
7,696
-5,010
-4,441
-170,635
29,881
1,326
4,289
-40,709
30,508
174,175
Accruals and Deferred Income
149,512
237,134
73,311
-8,214
18,504
-22,168
42,443
-1,736
92,690
Deferred Taxes & Provisions
-7,252
-625
-1,323
-2,259
-2,644
-129
2,265
-2,975
1,842
5,458
-745
2,185
2,291
3,911
Cash flow from operations
110,038
157,100
53,538
-35,144
38,777
-18,275
50,112
50,332
-53,904
77,959
-11,321
19,813
29,150
39,652
42,757
Investing Activities
capital expenditure
-91,276
-202,555
-35,352
-3,383
-4,965
-18,656
-27,834
-5,043
-27,589
-15,522
-28,834
-11,114
-12,464
-62,680
Change in Investments
cash flow from investments
-91,276
-202,555
-35,352
-3,383
-4,965
-18,656
-27,834
-5,043
-27,589
-15,522
-28,834
-11,114
-12,464
-62,680
Financing Activities
Bank loans
-9,687
2,187
7,500
Group/Directors Accounts
Other Short Term Loans
Long term loans
-9,303
-9,929
-9,335
42,500
Hire Purchase and Lease Commitments
other long term liabilities
-4,563
-5,783
-1,370
11,716
-963
-5,781
-5,781
10,159
-4,255
-3,649
-6,466
14,195
-10,678
-161
13,380
share issue
9,180
interest
-1,704
-1,436
-2,625
-1,492
-34
211
163
-208
-88
165
130
200
168
81
7
cash flow from financing
-15,570
-26,835
-11,143
60,224
-997
-5,570
-5,618
9,951
-4,343
-3,484
-6,336
14,395
-10,510
-80
22,567
cash and cash equivalents
cash
2,584
-62,358
42,395
-10,884
33,157
-27,287
25,504
26,075
-56,253
46,886
-33,179
5,374
7,525
27,108
2,644
overdraft
-608
9,932
-612
-1,240
1,522
-333
-6,374
7,037
change in cash
3,192
-72,290
42,395
-10,272
34,397
-28,809
25,837
32,449
-63,290
46,886
-33,179
5,374
7,525
27,108
2,644
naiad plastics limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for naiad plastics limited. Get real-time insights into naiad plastics limited's credit score, group structure and payment trends.
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naiad plastics limited Ownership
NAIAD PLASTICS LIMITED group structure
Naiad Plastics Limited has no subsidiary companies.
The sole shareholder of Naiad Plastics Limited is Industrial Design Consultancy Limited.
industrial design consultancy limited
100%
naiad plastics limited directors
Naiad Plastics Limited currently has 3 directors.
The longest serving directors include
Mr Simon Collings (Oct 2020) and
Dr Stephen Knowles (Oct 2020).
unit 16,thorgate road, lineside industrial estate, littlehampton, west sussex, BN17 7LU
Bank
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Legal Advisor
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naiad plastics 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 7 charges/mortgages relating to naiad plastics limited. Currently there are 1 open charges and 6 have been satisfied in the past.
naiad plastics 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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naiad plastics limitedCompanies House Filings - See Documents
