independent waste paper producers limited

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independent waste paper producers limited Company Information

Share INDEPENDENT WASTE PAPER PRODUCERS LIMITED

Company Number

01247369

Directors

Andrew Evans

Craig Curtis

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Shareholders

recycling association ltd

Group Structure

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Industry

Agents specialised in the sale of other particular products

 

Registered Address

the stables paradise wharf, ducie street, manchester, M1 2JN

independent waste paper producers limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of INDEPENDENT WASTE PAPER PRODUCERS LIMITED at £1.9m based on a Turnover of £3.5m and 0.54x industry multiple (adjusted for size and gross margin).

independent waste paper producers limited Estimated Valuation

£23.5k

Pomanda estimates the enterprise value of INDEPENDENT WASTE PAPER PRODUCERS LIMITED at £23.5k based on an EBITDA of £6.4k and a 3.66x industry multiple (adjusted for size and gross margin).

independent waste paper producers limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of INDEPENDENT WASTE PAPER PRODUCERS LIMITED at £1.5m based on Net Assets of £685.8k and 2.12x industry multiple (adjusted for liquidity).

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Independent Waste Paper Producers Limited Overview

Independent Waste Paper Producers Limited is a live company located in manchester, M1 2JN with a Companies House number of 01247369. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in March 1976, it's largest shareholder is recycling association ltd with a 100% stake. Independent Waste Paper Producers Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.

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Independent Waste Paper Producers Limited Health Check

Pomanda's financial health check has awarded Independent Waste Paper Producers Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £3.5m, make it smaller than the average company (£9.6m)

£3.5m - Independent Waste Paper Producers Limited

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (7.5%)

-10% - Independent Waste Paper Producers Limited

7.5% - Industry AVG

production

Production

with a gross margin of 29.7%, this company has a comparable cost of product (29.7%)

29.7% - Independent Waste Paper Producers Limited

29.7% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (5.9%)

0.1% - Independent Waste Paper Producers Limited

5.9% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (15)

8 - Independent Waste Paper Producers Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.2k, the company has an equivalent pay structure (£60.2k)

£60.2k - Independent Waste Paper Producers Limited

£60.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £437.5k, this is equally as efficient (£416.7k)

£437.5k - Independent Waste Paper Producers Limited

£416.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is near the average (52 days)

54 days - Independent Waste Paper Producers Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (26 days)

54 days - Independent Waste Paper Producers Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Independent Waste Paper Producers Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (17 weeks)

55 weeks - Independent Waste Paper Producers Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.5%, this is a similar level of debt than the average (53.3%)

57.5% - Independent Waste Paper Producers Limited

53.3% - Industry AVG

INDEPENDENT WASTE PAPER PRODUCERS LIMITED financials

EXPORTms excel logo

Independent Waste Paper Producers Limited's latest turnover from December 2023 is estimated at £3.5 million and the company has net assets of £685.8 thousand. According to their latest financial statements, Independent Waste Paper Producers Limited has 8 employees and maintains cash reserves of £992.9 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
Turnover3,499,9273,986,9976,773,5744,868,3866,229,2155,836,3587,382,3319,331,04112,470,78211,209,0167,516,90011,232,0567,045,69913,887,760
Other Income Or Grants
Cost Of Sales2,461,4442,829,0914,893,4993,481,3784,468,2244,196,5455,426,3646,832,9449,125,2688,345,9335,637,1758,481,7105,281,60910,343,283
Gross Profit1,038,4841,157,9061,880,0751,387,0081,760,9911,639,8121,955,9672,498,0963,345,5152,863,0831,879,7242,750,3461,764,0903,544,476
Admin Expenses1,035,460995,0052,044,8181,311,2621,695,7831,587,8611,936,6932,470,1323,275,7442,863,1831,879,2142,789,7131,743,6063,488,436-521,904
Operating Profit3,024162,901-164,74375,74665,20851,95119,27427,96469,771-100510-39,36720,48456,040521,904
Interest Payable
Interest Receivable44,56624,2661,9065192,1182,3311,3556891,3561,5309671,9914,3234,8082,336
Pre-Tax Profit47,591187,167-162,83776,26567,32654,28320,62828,65371,1281,4291,477-37,37624,80760,849524,240
Tax-11,898-35,562-14,490-12,792-10,314-3,919-5,730-14,225-300-340-6,450-17,038-146,787
Profit After Tax35,693151,605-162,83761,77554,53443,96916,70922,92256,9021,1291,137-37,37618,35743,811377,453
Dividends Paid
Retained Profit35,693151,605-162,83761,77554,53443,96916,70922,92256,9021,1291,137-37,37618,35743,811377,453
Employee Costs481,984509,230491,877455,6391,038,875960,4501,168,866186,5771,886,0001,638,5231,104,2181,672,268984,2982,181,537
Number Of Employees89992019244413726392454
EBITDA*6,435166,084-159,97683,05973,89161,59433,66541,66981,68813,63510,676-28,40828,60860,084527,998

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets11,0684,4789,67914,44628,75819,57729,22043,6119,27836,19220,67330,83928,3588,30412,439
Intangible Assets
Investments & Other1111111
Debtors (Due After 1 year)
Total Fixed Assets11,0684,4789,67914,44628,75819,57729,22043,6119,27936,19320,67430,84028,3598,30512,440
Stock & work in progress
Trade Debtors519,067712,9721,083,372775,2991,099,232940,5351,230,0661,822,0751,860,7441,659,6201,107,5391,731,422960,2161,945,9081,704,783
Group Debtors
Misc Debtors90,03431,334300,676137,36457,24979,562109,471148,94281,127
Cash992,919704,845681,760842,942195,164369,507252,218289,642261,327281,106330,73455,927740,360988,804934,490
misc current assets
total current assets1,602,0201,449,1512,065,8081,755,6051,351,6451,389,6041,591,7552,260,6592,203,1981,940,7261,438,2731,787,3491,700,5762,934,7122,639,273
total assets1,613,0881,453,6292,075,4871,770,0511,380,4031,409,1811,620,9752,304,2702,212,4771,976,9191,458,9471,818,1891,728,9352,943,0172,651,713
Bank overdraft
Bank loan
Trade Creditors 365,290344,451915,748761,762534,383712,652996,8581,734,4281,680,7171,572,4061,055,5631,415,9421,289,3122,521,7512,274,258
Group/Directors Accounts145,884
other short term finances
hp & lease commitments
other current liabilities562,013459,086661,252346,965100,587151,514123,07185,50570,345
total current liabilities927,303803,5371,577,0001,108,727780,854864,1661,119,9291,819,9331,751,0621,572,4061,055,5631,415,9421,289,3122,521,7512,274,258
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities927,303803,5371,577,0001,108,727780,854864,1661,119,9291,819,9331,751,0621,572,4061,055,5631,415,9421,289,3122,521,7512,274,258
net assets685,785650,092498,487661,324599,549545,015501,046484,337461,415404,513403,384402,247439,623421,266377,455
total shareholders funds685,785650,092498,487661,324599,549545,015501,046484,337461,415404,513403,384402,247439,623421,266377,455
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,024162,901-164,74375,74665,20851,95119,27427,96469,771-100510-39,36720,48456,040521,904
Depreciation3,4113,1834,7677,3138,6839,64314,39113,70511,91713,73510,16610,9598,1244,0446,094
Amortisation
Tax-11,898-35,562-14,490-12,792-10,314-3,919-5,730-14,225-300-340-6,450-17,038-146,787
Stock
Debtors-135,205-639,742471,385-243,818136,384-319,440-631,48029,146282,251552,081-623,883771,206-985,692241,1251,704,783
Creditors20,839-571,297153,986227,379-178,269-284,206-737,57053,711108,311516,843-360,379126,630-1,232,439247,4932,274,258
Accruals and Deferred Income102,927-202,166314,287246,378-50,92728,44337,56615,16070,345
Deferred Taxes & Provisions
Cash flow from operations253,508-3,199-163,088786,144-304,481114,957-38,77875,664-36,132-21,903273,840-672,984-224,58949,414950,686
Investing Activities
capital expenditure-10,0012,0186,999-17,864-48,03814,997-29,254-13,440-28,17891-18,533
Change in Investments-11
cash flow from investments-10,0012,0186,999-17,864-48,03714,997-29,254-13,440-28,17891-18,534
Financing Activities
Bank loans
Group/Directors Accounts-145,884145,884
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest44,56624,2661,9065192,1182,3311,3556891,3561,5309671,9914,3234,8082,336
cash flow from financing44,56624,2661,906-145,365148,0022,3311,3556891,3561,5309671,9914,3234,8082,338
cash and cash equivalents
cash288,07423,085-161,182647,778-174,343117,289-37,42428,315-19,779-49,628274,807-684,433-248,44454,314934,490
overdraft
change in cash288,07423,085-161,182647,778-174,343117,289-37,42428,315-19,779-49,628274,807-684,433-248,44454,314934,490

independent waste paper producers 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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Independent Waste Paper Producers Limited Competitor Analysis

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Perform a competitor analysis for independent waste paper producers 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 M 1 area or any other competitors across 12 key performance metrics.

independent waste paper producers limited Ownership

INDEPENDENT WASTE PAPER PRODUCERS LIMITED group structure

Independent Waste Paper Producers Limited has no subsidiary companies.

Ultimate parent company

1 parent

INDEPENDENT WASTE PAPER PRODUCERS LIMITED

01247369

INDEPENDENT WASTE PAPER PRODUCERS LIMITED Shareholders

recycling association ltd 100%

independent waste paper producers limited directors

Independent Waste Paper Producers Limited currently has 8 directors. The longest serving directors include Mr Andrew Evans (Mar 2013) and Mr Craig Curtis (Apr 2014).

officercountryagestartendrole
Mr Andrew EvansUnited Kingdom35 years Mar 2013- Director
Mr Craig CurtisUnited Kingdom65 years Apr 2014- Director
Mr Kevin BellEngland64 years Apr 2014- Director
Mr Christopher BurtonEngland40 years Nov 2016- Director
Mrs Celine GrantNorthern Ireland43 years May 2017- Director
Mr William NichollsEngland42 years May 2019- Director
Mr James DonohueEngland54 years May 2019- Director
Mr Adrian JacksonEngland71 years May 2019- Director

P&L

December 2023

turnover

3.5m

-12%

operating profit

3k

0%

gross margin

29.7%

+2.17%

turnover

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

Balance Sheet

December 2023

net assets

685.8k

+0.05%

total assets

1.6m

+0.11%

cash

992.9k

+0.41%

net assets

Total assets minus all liabilities

independent waste paper producers limited company details

company number

01247369

Type

Private limited with Share Capital

industry

46180 - Agents specialised in the sale of other particular products

incorporation date

March 1976

age

49

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

biaheath limited (December 1976)

accountant

-

auditor

-

address

the stables paradise wharf, ducie street, manchester, M1 2JN

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

independent waste paper producers 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 did not find charges/mortgages relating to independent waste paper producers limited.

independent waste paper producers 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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independent waste paper producers limited Companies House Filings - See Documents

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