ds smith plc

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ds smith plc Company Information

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Company Number

01377658

Registered Address

level 3 1 paddington square, london, W2 1DL

Industry

Activities of head offices

 

Telephone

02077561800

Next Accounts Due

October 2024

Group Structure

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Directors

Miles Roberts14 Years

Louise Smalley9 Years

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Shareholders

undisclosed 100%

ds smith plc Estimated Valuation

£63.3b

Pomanda estimates the enterprise value of DS SMITH PLC at £63.3b based on a Turnover of £8.2b and 7.71x industry multiple (adjusted for size and gross margin).

ds smith plc Estimated Valuation

£15.3b

Pomanda estimates the enterprise value of DS SMITH PLC at £15.3b based on an EBITDA of £1.2b and a 13.2x industry multiple (adjusted for size and gross margin).

ds smith plc Estimated Valuation

£16.1b

Pomanda estimates the enterprise value of DS SMITH PLC at £16.1b based on Net Assets of £4.1b and 3.95x industry multiple (adjusted for liquidity).

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Ds Smith Plc AI Business Plan

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Ds Smith Plc Overview

Ds Smith Plc is a live company located in london, W2 1DL with a Companies House number of 01377658. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 1978, it's largest shareholder is undisclosed with a 100% stake. Ds Smith Plc is a mature, mega sized company, Pomanda has estimated its turnover at £8.2b with healthy growth in recent years.

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Ds Smith Plc Health Check

Pomanda's financial health check has awarded Ds Smith Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £8.2b, make it larger than the average company (£21m)

£8.2b - Ds Smith Plc

£21m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.7%)

11% - Ds Smith Plc

4.7% - Industry AVG

production

Production

with a gross margin of 48.2%, this company has a lower cost of product (33.2%)

48.2% - Ds Smith Plc

33.2% - Industry AVG

profitability

Profitability

an operating margin of 8.9% make it more profitable than the average company (5.8%)

8.9% - Ds Smith Plc

5.8% - Industry AVG

employees

Employees

with 30168 employees, this is above the industry average (122)

30168 - Ds Smith Plc

122 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£45.9k)

£49.9k - Ds Smith Plc

£45.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £272.5k, this is more efficient (£188.6k)

£272.5k - Ds Smith Plc

£188.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is near the average (46 days)

45 days - Ds Smith Plc

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 134 days, this is slower than average (45 days)

134 days - Ds Smith Plc

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 53 days, this is in line with average (49 days)

53 days - Ds Smith Plc

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (16 weeks)

8 weeks - Ds Smith Plc

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.8%, this is a similar level of debt than the average (56.4%)

56.8% - Ds Smith Plc

56.4% - Industry AVG

ds smith plc 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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Ds Smith Plc Competitor Analysis

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Perform a competitor analysis for ds smith plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ds smith plc Ownership

DS SMITH PLC group structure

Ds Smith Plc has 2 subsidiary companies.

Ultimate parent company

DS SMITH PLC

01377658

2 subsidiaries

DS SMITH PLC Shareholders

undisclosed 100%

ds smith plc directors

Ds Smith Plc currently has 13 directors. The longest serving directors include Mr Miles Roberts (May 2010) and Mrs Louise Smalley (Jun 2014).

officercountryagestartendrole
Mr Miles Roberts60 years May 2010- Director
Mrs Louise Smalley56 years Jun 2014- Director
Mr David Robbie60 years Apr 2019- Director
Ms Celia BaxterUnited Kingdom66 years Oct 2019- Director
Ms Celia BaxterUnited Kingdom66 years Oct 2019- Director
Mrs Alina Kessel58 years May 2020- Director
Mrs Alina Kessel58 years May 2020- Director
Mr Geoffrey DrabbleUnited Kingdom64 years Sep 2020- Director
Mr Geoffrey DrabbleEngland64 years Sep 2020- Director
Mr Alan JohnsonUnited Kingdom68 years Jun 2022- Director

DS SMITH PLC financials

EXPORTms excel logo

Ds Smith Plc's latest turnover from April 2023 is £8.2 billion and the company has net assets of £4.1 billion. According to their latest financial statements, Ds Smith Plc has 30,168 employees and maintains cash reserves of £472 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover8,221,000,0007,241,000,0005,976,000,0006,043,000,0006,171,000,0005,518,000,0004,781,000,0004,066,000,0003,820,000,0004,035,000,0003,669,000,0001,969,400,0002,474,500,0002,070,600,000
Other Income Or Grants00000000000000
Cost Of Sales4,255,000,0003,914,000,0004,100,335,1444,072,462,5923,124,000,0003,762,712,0363,245,167,4452,050,000,0002,639,508,6552,811,685,5422,557,312,8901,505,400,0001,885,900,0001,558,400,000
Gross Profit3,966,000,0003,327,000,0001,875,664,8561,970,537,4083,047,000,0001,755,287,9641,535,832,5552,016,000,0001,180,491,3451,223,314,4581,111,687,110464,000,000588,600,000512,200,000
Admin Expenses3,233,000,0002,884,000,0001,564,664,8561,515,537,4082,620,000,0001,426,287,9641,219,832,5551,766,000,000931,491,3451,005,314,458986,687,110392,100,000459,200,000431,500,000
Operating Profit733,000,000443,000,000311,000,000455,000,000427,000,000329,000,000316,000,000250,000,000249,000,000218,000,000125,000,00071,900,000129,400,00080,700,000
Interest Payable76,000,00070,000,00083,000,00095,000,00084,000,00070,000,00051,000,00043,000,00039,000,00044,000,0003,000,00020,500,0001,200,00015,900,000
Interest Receivable2,000,0006,120,0001,000,0004,000,000001,000,0001,000,0003,000,0003,000,00040,000,0002,100,00021,000,000137,750
Pre-Tax Profit661,000,000378,000,000231,000,000368,000,000350,000,000260,000,000264,000,000201,000,000200,000,000167,000,00082,000,00021,700,000102,200,00055,000,000
Tax-169,000,000-98,000,000-49,000,000-78,000,000-88,000,000-23,000,000-56,000,000-34,000,000-44,000,000-23,000,000-15,000,000-13,300,000-31,500,000-16,900,000
Profit After Tax492,000,000280,000,000182,000,000290,000,000262,000,000237,000,000208,000,000167,000,000156,000,000144,000,00067,000,0008,400,00070,700,00038,100,000
Dividends Paid289,000,000166,000,00000187,000,000187,000,000121,000,000108,000,00094,000,00074,000,000031,500,00028,300,00012,900,000
Retained Profit213,000,000114,000,000194,000,000527,000,00087,000,00050,000,00086,000,00059,000,00062,000,00070,000,00066,000,00044,200,00042,400,00025,200,000
Employee Costs1,504,000,0001,381,000,0001,363,000,0001,312,000,0001,266,000,0001,104,000,0001,046,000,000895,000,000845,000,000883,000,000781,000,000340,600,000400,700,000381,800,000
Number Of Employees30,16829,85629,30929,39727,57425,15825,67426,06522,01421,46419,46010,15012,30110,776
EBITDA*1,158,000,000733,000,000683,000,000820,000,000730,000,000576,000,000529,000,000447,000,000416,000,000392,000,000272,000,000144,700,000208,000,000148,600,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets4,034,000,0003,872,000,0003,446,000,0003,554,000,0003,073,000,0002,520,000,0001,979,000,0001,763,000,0001,450,000,0001,496,000,0001,494,000,000665,900,000719,500,000687,300,000
Intangible Assets2,927,000,0002,906,000,0002,995,000,0003,197,000,0003,262,000,0002,043,000,0001,178,000,0001,089,000,000855,000,000961,000,0001,044,000,000309,700,000344,800,000221,200,000
Investments & Other199,000,000086,000,00074,000,00057,000,00050,000,00031,000,00024,000,00044,000,00037,000,00032,000,00019,100,00013,500,0000
Debtors (Due After 1 year)36,000,000038,000,00096,000,0009,000,0007,000,0003,000,00005,000,0000003,800,0000
Total Fixed Assets6,926,000,0006,778,000,0006,404,000,0006,674,000,0006,335,000,0004,563,000,0003,157,000,0002,852,000,0002,305,000,0002,457,000,0002,538,000,000975,600,0001,064,300,000908,500,000
Stock & work in progress619,000,000703,000,000537,000,000518,000,000584,000,000543,000,000406,000,000338,000,000256,000,000272,000,000285,000,000146,800,000226,400,000174,800,000
Trade Debtors1,029,000,000993,000,000646,000,000552,000,000914,000,000651,000,000591,000,000565,000,000424,000,000556,000,000644,000,000268,100,000427,400,000348,800,000
Group Debtors00000000000000
Misc Debtors227,000,0000172,000,000201,000,0000212,000,000175,000,000131,000,000124,000,000121,000,000023,600,00023,000,0000
Cash472,000,000819,000,000813,000,000595,000,000382,000,000297,000,000139,000,000134,000,00095,000,00098,000,000116,000,000664,500,0001,800,00055,100,000
misc current assets160,000,000323,000,00086,000,00040,000,000296,000,00063,000,00025,000,00058,000,00098,000,00059,000,00025,000,0003,900,000122,800,00016,900,000
total current assets2,531,000,0003,108,000,0002,296,000,0001,951,000,0002,176,000,0001,766,000,0001,336,000,0001,226,000,000997,000,0001,106,000,0001,070,000,0001,106,900,000801,400,000627,300,000
total assets9,457,000,0009,886,000,0008,700,000,0008,625,000,0008,511,000,0006,329,000,0004,493,000,0004,078,000,0003,302,000,0003,563,000,0003,608,000,0002,082,500,0001,865,700,0001,535,800,000
Bank overdraft104,000,00073,000,00094,000,00090,000,000129,000,00029,000,00016,000,00019,000,00013,000,00034,000,000011,300,00026,100,00027,300,000
Bank loan0000230,000,0000002,000,00096,000,000904,000,00093,400,0001,400,0000
Trade Creditors 1,572,000,0001,922,000,0001,273,000,0001,044,000,0001,855,000,0001,170,000,0001,012,000,000817,000,000653,000,000635,000,0000278,100,000363,200,000312,600,000
Group/Directors Accounts00000000000000
other short term finances74,000,000744,000,000276,000,00098,000,0000162,000,000119,000,000185,000,00018,000,00000009,400,000
hp & lease commitments70,000,000071,000,00073,000,000000000003,000,0000
other current liabilities1,219,000,0000742,000,000915,000,000262,000,000693,000,000503,000,000493,000,000470,000,000499,000,000440,000,000235,800,000212,300,0000
total current liabilities3,039,000,0003,567,000,0002,456,000,0002,220,000,0002,476,000,0002,054,000,0001,650,000,0001,514,000,0001,156,000,0001,264,000,0001,344,000,000618,600,000606,000,000503,200,000
loans3,841,000,00004,465,000,0005,005,000,0004,798,000,0003,657,000,0002,299,000,0002,155,000,0001,575,000,0001,612,000,000118,000,000455,200,000852,000,0000
hp & lease commitments154,000,0000159,000,000182,000,0007,000,0000000000335,900,0000
Accruals and Deferred Income0000014,000,00000000000
other liabilities34,000,0000190,000,00015,000,00016,000,0000195,000,0008,000,0005,000,0004,000,000956,000,00013,300,0009,300,0000
provisions704,000,0000558,000,0001,032,000,0001,002,000,000610,000,000276,000,000668,000,000656,000,000674,000,000322,000,000327,000,000440,000,0000
total long term liabilities2,331,000,0002,087,000,0002,709,000,0003,054,000,0002,923,000,0002,165,000,0001,488,000,0001,424,000,0001,127,000,0001,167,000,0001,177,000,000404,400,000673,400,000557,800,000
total liabilities5,370,000,0005,654,000,0005,165,000,0005,274,000,0005,399,000,0004,219,000,0003,138,000,0002,938,000,0002,283,000,0002,431,000,0002,521,000,0001,023,000,0001,279,400,0001,061,000,000
net assets4,084,000,0004,232,000,0003,533,000,0003,350,000,0003,111,000,0002,109,000,0001,353,000,0001,137,000,0001,019,000,0001,132,000,0001,087,000,0001,059,500,000586,300,000474,800,000
total shareholders funds4,084,000,0004,232,000,0003,533,000,0003,350,000,0003,111,000,0002,109,000,0001,353,000,0001,137,000,0001,019,000,0001,132,000,0001,087,000,0001,059,500,000586,300,000474,800,000
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit733,000,000443,000,000311,000,000455,000,000427,000,000329,000,000316,000,000250,000,000249,000,000218,000,000125,000,00071,900,000129,400,00080,700,000
Depreciation312,000,000290,000,000230,000,000222,000,000189,000,000157,000,000148,000,000146,000,000121,000,000123,000,000102,000,00064,500,00070,700,00067,900,000
Amortisation113,000,0000142,000,000143,000,000114,000,00090,000,00065,000,00051,000,00046,000,00051,000,00045,000,0008,300,0007,900,0000
Tax-169,000,000-98,000,000-49,000,000-78,000,000-88,000,000-23,000,000-56,000,000-34,000,000-44,000,000-23,000,000-15,000,000-13,300,000-31,500,000-16,900,000
Stock-84,000,000166,000,00019,000,000-66,000,00041,000,000137,000,00068,000,00082,000,000-16,000,000-13,000,000138,200,000-79,600,00051,600,000174,800,000
Debtors299,000,000137,000,0007,000,000-74,000,00053,000,000101,000,00073,000,000143,000,000-124,000,00033,000,000352,300,000-162,500,000105,400,000348,800,000
Creditors-350,000,000649,000,000229,000,000-811,000,000685,000,000158,000,000195,000,000164,000,00018,000,000635,000,000-278,100,000-85,100,00050,600,000312,600,000
Accruals and Deferred Income1,219,000,000-742,000,000-173,000,000653,000,000-445,000,000204,000,00010,000,00023,000,000-29,000,00059,000,000204,200,00023,500,000212,300,0000
Deferred Taxes & Provisions704,000,000-558,000,000-474,000,00030,000,000392,000,000334,000,000-392,000,00012,000,000-18,000,000352,000,000-5,000,000-113,000,000440,000,0000
Cash flow from operations2,347,000,000-319,000,000190,000,000754,000,0001,180,000,0001,011,000,000145,000,000387,000,000483,000,0001,395,000,000-312,400,000198,900,000722,400,000-79,300,000
Investing Activities
capital expenditure-608,000,000-627,000,000-62,000,000-781,000,000-2,075,000,000-1,653,000,000-518,000,000-744,000,000-15,000,000-93,000,000-1,709,400,00015,900,000-234,400,000-976,400,000
Change in Investments199,000,000-86,000,00012,000,00017,000,0007,000,00019,000,0007,000,000-20,000,0007,000,0005,000,00012,900,0005,600,00013,500,0000
cash flow from investments-807,000,000-541,000,000-74,000,000-798,000,000-2,082,000,000-1,672,000,000-525,000,000-724,000,000-22,000,000-98,000,000-1,722,300,00010,300,000-247,900,000-976,400,000
Financing Activities
Bank loans000-230,000,000230,000,00000-2,000,000-94,000,000-808,000,000810,600,00092,000,0001,400,0000
Group/Directors Accounts00000000000000
Other Short Term Loans -670,000,000468,000,000178,000,00098,000,000-162,000,00043,000,000-66,000,000167,000,00018,000,000000-9,400,0009,400,000
Long term loans3,841,000,000-4,465,000,000-540,000,000207,000,0001,141,000,0001,358,000,000144,000,000580,000,000-37,000,0001,494,000,000-337,200,000-396,800,000852,000,0000
Hire Purchase and Lease Commitments224,000,000-230,000,000-25,000,000248,000,0007,000,000000000-338,900,000338,900,0000
other long term liabilities34,000,000-190,000,000175,000,000-1,000,00016,000,000-195,000,000187,000,0003,000,0001,000,000-952,000,000942,700,0004,000,0009,300,0000
share issue-361,000,000585,000,000-11,000,000-288,000,000915,000,000706,000,000130,000,00059,000,000-175,000,000-25,000,000-38,500,000429,000,00069,100,000449,600,000
interest-74,000,000-63,880,000-82,000,000-91,000,000-84,000,000-70,000,000-50,000,000-42,000,000-36,000,000-41,000,00037,000,000-18,400,00019,800,000-15,762,250
cash flow from financing2,994,000,000-3,895,880,000-305,000,000-57,000,0002,063,000,0001,842,000,000345,000,000765,000,000-323,000,000-332,000,0001,414,600,000-229,100,0001,281,100,000443,237,750
cash and cash equivalents
cash-347,000,0006,000,000218,000,000213,000,00085,000,000158,000,0005,000,00039,000,000-3,000,000-18,000,000-548,500,000662,700,000-53,300,00055,100,000
overdraft31,000,000-21,000,0004,000,000-39,000,000100,000,00013,000,000-3,000,0006,000,000-21,000,00034,000,000-11,300,000-14,800,000-1,200,00027,300,000
change in cash-378,000,00027,000,000214,000,000252,000,000-15,000,000145,000,0008,000,00033,000,00018,000,000-52,000,000-537,200,000677,500,000-52,100,00027,800,000

P&L

April 2023

turnover

8.2b

+14%

operating profit

733m

+65%

gross margin

48.3%

+5%

turnover

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

Balance Sheet

April 2023

net assets

4.1b

-0.03%

total assets

9.5b

-0.04%

cash

472m

-0.42%

net assets

Total assets minus all liabilities

ds smith plc company details

company number

01377658

Type

Public limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 1978

age

46

accounts

Group

ultimate parent company

None

previous names

david s. smith (holdings) public limited company (September 2001)

david s. smith (packaging) limited (August 1978)

incorporated

UK

address

level 3 1 paddington square, london, W2 1DL

last accounts submitted

April 2023

ds smith plc 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 3 charges/mortgages relating to ds smith plc. Currently there are 1 open charges and 2 have been satisfied in the past.

charges

ds smith plc Companies House Filings - See Documents

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