universal pallet services limited

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universal pallet services limited Company Information

Share UNIVERSAL PALLET SERVICES LIMITED

Company Number

01334669

Shareholders

a & b containers limited

Group Structure

View All

Industry

Non-specialised wholesale trade

 

Registered Address

pallet yard preston street, west gorton, manchester, M18 8DB

universal pallet services limited Estimated Valuation

£741.7k

Pomanda estimates the enterprise value of UNIVERSAL PALLET SERVICES LIMITED at £741.7k based on a Turnover of £2.3m and 0.33x industry multiple (adjusted for size and gross margin).

universal pallet services limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of UNIVERSAL PALLET SERVICES LIMITED at £1m based on an EBITDA of £246.3k and a 4.09x industry multiple (adjusted for size and gross margin).

universal pallet services limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of UNIVERSAL PALLET SERVICES LIMITED at £2.8m based on Net Assets of £1.1m and 2.62x industry multiple (adjusted for liquidity).

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Universal Pallet Services Limited Overview

Universal Pallet Services Limited is a live company located in manchester, M18 8DB with a Companies House number of 01334669. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in October 1977, it's largest shareholder is a & b containers limited with a 100% stake. Universal Pallet Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.

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Universal Pallet Services Limited Health Check

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

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£15.7m)

£2.3m - Universal Pallet Services Limited

£15.7m - Industry AVG

growth

Growth

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

-3% - Universal Pallet Services Limited

7.5% - Industry AVG

production

Production

with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)

27.7% - Universal Pallet Services Limited

27.7% - Industry AVG

profitability

Profitability

an operating margin of 9.3% make it more profitable than the average company (4.9%)

9.3% - Universal Pallet Services Limited

4.9% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (41)

14 - Universal Pallet Services Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Universal Pallet Services Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £160.8k, this is less efficient (£373.1k)

£160.8k - Universal Pallet Services Limited

£373.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (49 days)

48 days - Universal Pallet Services Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is close to average (33 days)

32 days - Universal Pallet Services Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 18 days, this is less than average (74 days)

18 days - Universal Pallet Services Limited

74 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (15 weeks)

121 weeks - Universal Pallet Services Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (47.3%)

32.1% - Universal Pallet Services Limited

47.3% - Industry AVG

UNIVERSAL PALLET SERVICES LIMITED financials

EXPORTms excel logo

Universal Pallet Services Limited's latest turnover from June 2024 is estimated at £2.3 million and the company has net assets of £1.1 million. According to their latest financial statements, Universal Pallet Services Limited has 14 employees and maintains cash reserves of £795.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Nov 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover2,251,2152,090,9072,722,4692,756,9292,466,3941,994,2091,455,1151,567,9761,259,739583,896709,665750,088682,0901,061,304653,770882,099
Other Income Or Grants
Cost Of Sales1,627,3351,519,9881,965,1671,987,5141,797,2371,443,9061,058,0801,151,413915,063418,092511,842540,341488,810763,134469,653633,072
Gross Profit623,880570,919757,302769,415669,157550,302397,035416,563344,676165,804197,823209,748193,280298,170184,117249,026
Admin Expenses415,631405,056616,697589,012550,990406,889276,337368,760295,844119,749191,893206,553187,805262,797169,668127,588
Operating Profit208,249165,863140,605180,403118,167143,413120,69847,80348,83246,0555,9303,1955,47535,37314,449121,438
Interest Payable8932141,3991,241
Interest Receivable39,66432,38312,9402,969234171626293611115852
Pre-Tax Profit247,913198,247153,546182,480118,401143,584121,32547,61947,43644,8145,9363,2065,48635,43014,501121,438
Tax-61,978-49,562-29,174-34,671-22,496-27,281-23,052-9,048-9,013-8,963-1,187-673-1,262-8,503-3,770-34,002
Profit After Tax185,935148,685124,372147,80995,905116,30398,27338,57138,42335,8514,7492,5334,22426,92710,73187,435
Dividends Paid
Retained Profit185,935148,685124,372147,80995,905116,30398,27338,57138,42335,8514,7492,5334,22426,92710,73187,435
Employee Costs622,549510,521694,152730,064558,945482,896443,252465,374417,836102,03599,64699,27697,852129,40395,752126,042
Number Of Employees1412171815131213123333434
EBITDA*246,261182,763160,376209,215174,605192,595158,78974,02170,22468,89625,89227,42218,87139,77720,520134,109

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Nov 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets330,832199,534160,868278,859248,201279,052221,250195,972159,634152,953131,089127,23190,59918,7974,05610,127
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets330,832199,534160,868278,859248,201279,052221,250195,972159,634152,953131,089127,23190,59918,7974,05610,127
Stock & work in progress83,88493,639123,67987,000162,450170,70042,68079,23050,80148,20131,20122,05527,05629,17235,94760,385
Trade Debtors298,732274,510366,068346,892328,718245,706181,444194,652155,179149,134154,255168,515157,858268,992161,736193,280
Group Debtors15,0417,82217,4482,725
Misc Debtors43,17229,82527,45812,9535,6006,2502,7252,72513,608
Cash795,394715,632579,697508,870282,990184,958157,8799,1712,5281182,2192,1702,07920,923
misc current assets
total current assets1,221,1821,113,6061,096,902955,715774,158606,964403,294293,600228,681213,668185,574192,789187,084300,243218,606253,665
total assets1,552,0141,313,1401,257,7701,234,5741,022,359886,016624,544489,572388,315366,621316,663320,020277,683319,040222,662263,792
Bank overdraft26,4486,58538,187
Bank loan
Trade Creditors 145,031216,093249,400270,429305,758266,938114,464116,82472,91758,860141,833145,939114,052159,63390,182142,043
Group/Directors Accounts1,141
other short term finances
hp & lease commitments3,19310,08512,48914,2064,1217,038
other current liabilities195,525179,911254,003164,26892,10177,88485,02338,17046,96240,735
total current liabilities340,556396,004503,403461,145401,052354,907211,976169,200130,585145,961141,833145,939114,052159,63390,182142,043
loans
hp & lease commitments4,51714,60227,0916,86810,989
Accruals and Deferred Income
other liabilities83,8892,9177,917
provisions73,33848,84034,75630,38126,06827,25814,9358,5234,6751,907
total long term liabilities157,22748,84034,75630,38126,06831,77529,53735,61411,54312,8962,9177,917
total liabilities497,783444,844538,159491,526427,120386,682241,513204,814142,128158,857144,750153,856114,052159,63390,182142,043
net assets1,054,231868,296719,611743,048595,239499,334383,031284,758246,187207,764171,913166,164163,631159,407132,480121,749
total shareholders funds1,054,231868,296719,611743,048595,239499,334383,031284,758246,187207,764171,913166,164163,631159,407132,480121,749
Jun 2024Jun 2023Nov 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit208,249165,863140,605180,403118,167143,413120,69847,80348,83246,0555,9303,1955,47535,37314,449121,438
Depreciation38,01216,90019,77128,81256,43849,18238,09126,21821,39222,84119,96224,22713,3964,4046,07112,671
Amortisation
Tax-61,978-49,562-29,174-34,671-22,496-27,281-23,052-9,048-9,013-8,963-1,187-673-1,262-8,503-3,770-34,002
Stock-9,755-30,040-38,771-75,450-8,250128,020-36,55028,4292,60017,0009,146-5,001-2,116-6,775-24,43860,385
Debtors37,569-89,19164,80831,12777,41248,571-2,46429,8479,88511,212-14,26010,657-111,134107,256-31,544193,280
Creditors-71,062-33,307-56,358-35,32938,820152,474-2,36043,90714,057-82,973-4,10631,887-45,58169,451-51,861142,043
Accruals and Deferred Income15,614-74,092161,90272,16714,217-7,13946,853-8,7926,22740,735
Deferred Taxes & Provisions24,49814,0848,6884,313-1,19012,3236,4123,8482,7681,907
Cash flow from operations125,519159,117219,397260,018134,794146,381225,65645,66071,778-8,61025,71352,98085,27824420,871-11,515
Investing Activities
capital expenditure-169,310-55,56667,562-59,470-25,587-106,984-63,369-62,556-28,073-44,705-23,820-60,859-85,198-19,145-22,798
Change in Investments
cash flow from investments-169,310-55,56667,562-59,470-25,587-106,984-63,369-62,556-28,073-44,705-23,820-60,859-85,198-19,145-22,798
Financing Activities
Bank loans
Group/Directors Accounts-1,1411,141
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-3,193-3,193-11,409-12,489-14,20630,308-7,03818,027
other long term liabilities83,889-2,917-5,0007,917
share issue1,00034,314
interest39,66432,38312,9402,076234171626-185-1,396-1,241611115852
cash flow from financing123,55332,3839,747-1,117-11,175-12,318-13,58030,123-9,57515,010-3,9947,92811585234,314
cash and cash equivalents
cash79,762135,935296,707225,88098,03227,079148,7086,6432,528-118-2,1014991-18,84420,923
overdraft26,448-6,585-31,60238,187
change in cash79,762135,935296,707199,43298,03227,079148,70813,22834,130-38,305-2,1014991-18,84420,923

universal pallet services 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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Universal Pallet Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for universal pallet services 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 M18 area or any other competitors across 12 key performance metrics.

universal pallet services limited Ownership

UNIVERSAL PALLET SERVICES LIMITED group structure

Universal Pallet Services Limited has no subsidiary companies.

Ultimate parent company

1 parent

UNIVERSAL PALLET SERVICES LIMITED

01334669

UNIVERSAL PALLET SERVICES LIMITED Shareholders

a & b containers limited 100%

universal pallet services limited directors

Universal Pallet Services Limited currently has 2 directors. The longest serving directors include Mr Brian Williams (Nov 2022) and Mr Robert Williams (Nov 2022).

officercountryagestartendrole
Mr Brian WilliamsUnited Kingdom66 years Nov 2022- Director
Mr Robert WilliamsEngland35 years Nov 2022- Director

P&L

June 2024

turnover

2.3m

+8%

operating profit

208.2k

0%

gross margin

27.8%

+1.49%

turnover

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

Balance Sheet

June 2024

net assets

1.1m

+0.21%

total assets

1.6m

+0.18%

cash

795.4k

+0.11%

net assets

Total assets minus all liabilities

universal pallet services limited company details

company number

01334669

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

October 1977

age

48

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

June 2024

previous names

universal pallett services limited (December 1979)

accountant

-

auditor

-

address

pallet yard preston street, west gorton, manchester, M18 8DB

Bank

BARCLAYS BANK PLC

Legal Advisor

-

universal pallet services 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 4 charges/mortgages relating to universal pallet services limited. Currently there are 0 open charges and 4 have been satisfied in the past.

universal pallet services 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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universal pallet services limited Companies House Filings - See Documents

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