showell packing limited

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showell packing limited Company Information

Share SHOWELL PACKING LIMITED

Company Number

01560068

Directors

Jane Howard

Peter Howard

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Shareholders

hoship group (holdings) limited

Group Structure

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Industry

Manufacture of wooden containers

 

Registered Address

showell rd, wolverhampton, west mids, WV10 9JY

showell packing limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of SHOWELL PACKING LIMITED at £1.1m based on a Turnover of £2.4m and 0.46x industry multiple (adjusted for size and gross margin).

showell packing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SHOWELL PACKING LIMITED at £0 based on an EBITDA of £-51.8k and a 3.21x industry multiple (adjusted for size and gross margin).

showell packing limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of SHOWELL PACKING LIMITED at £2.8m based on Net Assets of £1.5m and 1.93x industry multiple (adjusted for liquidity).

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Showell Packing Limited Overview

Showell Packing Limited is a live company located in west mids, WV10 9JY with a Companies House number of 01560068. It operates in the manufacture of wooden containers sector, SIC Code 16240. Founded in May 1981, it's largest shareholder is hoship group (holdings) limited with a 100% stake. Showell Packing Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with high growth in recent years.

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Showell Packing Limited Health Check

Pomanda's financial health check has awarded Showell Packing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£9m)

£2.4m - Showell Packing Limited

£9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (10.5%)

23% - Showell Packing Limited

10.5% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a comparable cost of product (24.2%)

24.2% - Showell Packing Limited

24.2% - Industry AVG

profitability

Profitability

an operating margin of -2.8% make it less profitable than the average company (8.9%)

-2.8% - Showell Packing Limited

8.9% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (57)

10 - Showell Packing Limited

57 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)

£33.4k - Showell Packing Limited

£33.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £242.9k, this is more efficient (£148k)

£242.9k - Showell Packing Limited

£148k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 105 days, this is later than average (65 days)

105 days - Showell Packing Limited

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (52 days)

14 days - Showell Packing Limited

52 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 96 days, this is more than average (35 days)

96 days - Showell Packing Limited

35 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (10 weeks)

54 weeks - Showell Packing Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (44.4%)

68.9% - Showell Packing Limited

44.4% - Industry AVG

SHOWELL PACKING LIMITED financials

EXPORTms excel logo

Showell Packing Limited's latest turnover from June 2023 is estimated at £2.4 million and the company has net assets of £1.5 million. According to their latest financial statements, Showell Packing Limited has 10 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover2,429,0992,247,3952,089,3131,320,0441,390,5181,586,9521,081,155917,7651,313,957781,126844,782848,782641,045694,049
Other Income Or Grants
Cost Of Sales1,840,6951,690,8111,517,577982,8911,055,4431,157,331816,541691,959992,433589,209632,221653,332482,475499,747
Gross Profit588,404556,584571,735337,153335,074429,620264,615225,806321,524191,917212,561195,450158,570194,302
Admin Expenses655,981283,182201,501-83,014142,866276,509175,892175,566300,55399,619195,065214,529129,861148,712
Operating Profit-67,577273,402370,234420,167192,208153,11188,72350,24020,97192,29817,496-19,07928,70945,590
Interest Payable
Interest Receivable140,39424,8861,5149542,98559225950241610556708568
Pre-Tax Profit72,817298,288371,748421,121195,193153,70288,98350,74121,38692,40417,552-19,00928,79545,658
Tax-18,204-56,675-70,632-80,013-37,087-29,203-16,907-10,148-4,277-19,405-4,037-7,487-12,784
Profit After Tax54,613241,613301,116341,108158,106124,49972,07640,59317,10972,99913,515-19,00921,30832,874
Dividends Paid
Retained Profit54,613241,613301,116341,108158,106124,49972,07640,59317,10972,99913,515-19,00921,30832,874
Employee Costs334,269258,578231,326222,715271,280244,083247,509213,896349,917184,796229,214207,862165,744193,245
Number Of Employees108881099814810979
EBITDA*-51,752285,851374,500426,302197,696157,78793,29555,03325,10396,29021,428-15,34034,44149,246

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets89,78971,10720,41923,53219,51114,91514,36115,63311,87410,98310,5907,19511,2567,909
Intangible Assets7732,8534,9327,0129,09211,17213,25215,33217,41219,49221,572
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets89,78971,10720,41924,30522,36419,84721,37324,72523,04624,23525,92224,60730,74829,481
Stock & work in progress485,992740,168185,76852,46778,867105,52363,06846,03760,76042,31971,76561,72473,09348,934
Trade Debtors701,613611,850706,883479,393477,130629,888342,036231,270273,584201,075180,042166,398139,714142,685
Group Debtors55,000
Misc Debtors10,45011,48718,05151,010
Cash3,446,3692,169,4031,812,2841,215,877691,135104,842131,84975,566125,11041,1351,00021,3046,86427,270
misc current assets2,9302,952
total current assets4,644,4243,532,9082,722,9861,802,7371,298,142843,183539,905352,873459,454284,529252,807249,426219,671218,889
total assets4,734,2133,604,0152,743,4051,827,0421,320,506863,030561,278377,598482,500308,764278,729274,033250,419248,370
Bank overdraft
Bank loan
Trade Creditors 75,639128,295207,63728,31192,51463,341103,323197,209342,704186,077229,041237,860195,237214,496
Group/Directors Accounts3,169,6671,997,6161,216,919760,643
other short term finances
hp & lease commitments
other current liabilities15,38759,197141,555161,910692,922422,725205,490
total current liabilities3,260,6932,185,1081,566,111950,864785,436486,066308,813197,209342,704186,077229,041237,860195,237214,496
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities3,260,6932,185,1081,566,111950,864785,436486,066308,813197,209342,704186,077229,041237,860195,237214,496
net assets1,473,5201,418,9071,177,294876,178535,070376,964252,465180,389139,796122,68749,68836,17355,18233,874
total shareholders funds1,473,5201,418,9071,177,294876,178535,070376,964252,465180,389139,796122,68749,68836,17355,18233,874
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-67,577273,402370,234420,167192,208153,11188,72350,24020,97192,29817,496-19,07928,70945,590
Depreciation15,82512,4493,4934,0553,4092,5962,4922,7132,0521,9121,8521,6593,6521,576
Amortisation7732,0802,0792,0802,0802,0802,0802,0802,0802,0802,0802,080
Tax-18,204-56,675-70,632-80,013-37,087-29,203-16,907-10,148-4,277-19,405-4,037-7,487-12,784
Stock-254,176554,400133,301-26,400-26,65642,45517,031-14,72318,441-29,44610,041-11,36924,15948,934
Debtors88,726-101,597190,5416,253-101,748287,852110,766-42,31472,50921,03313,64426,684-2,971142,685
Creditors-52,656-79,342179,326-64,20329,173-39,982-93,886-145,495156,627-42,964-8,81942,623-19,259214,496
Accruals and Deferred Income-43,810-82,358-20,355-531,012270,197217,235205,490
Deferred Taxes & Provisions
Cash flow from operations-972-385,327138,997-228,779588,383-24,47060,195-43,57386,50342,334-15,11311,968-13,49359,339
Investing Activities
capital expenditure-34,507-63,137-380-8,076-8,005-3,150-1,220-6,472-2,943-2,305-5,2472,402-6,999-33,137
Change in Investments
cash flow from investments-34,507-63,137-380-8,076-8,005-3,150-1,220-6,472-2,943-2,305-5,2472,402-6,999-33,137
Financing Activities
Bank loans
Group/Directors Accounts1,172,051780,697456,276760,643
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,000
interest140,39424,8861,5149542,98559225950241610556708568
cash flow from financing1,312,445805,583457,790761,5972,9855922595024161055670851,068
cash and cash equivalents
cash1,276,966357,119596,407524,742586,293-27,00756,283-49,54483,97540,135-20,30414,440-20,40627,270
overdraft
change in cash1,276,966357,119596,407524,742586,293-27,00756,283-49,54483,97540,135-20,30414,440-20,40627,270

showell packing 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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Showell Packing Limited Competitor Analysis

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Perform a competitor analysis for showell packing limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WV10 area or any other competitors across 12 key performance metrics.

showell packing limited Ownership

SHOWELL PACKING LIMITED group structure

Showell Packing Limited has no subsidiary companies.

Ultimate parent company

1 parent

SHOWELL PACKING LIMITED

01560068

SHOWELL PACKING LIMITED Shareholders

hoship group (holdings) limited 100%

showell packing limited directors

Showell Packing Limited currently has 3 directors. The longest serving directors include Ms Jane Howard (Jan 1991) and Mr Peter Howard (Jan 1991).

officercountryagestartendrole
Ms Jane HowardUnited Kingdom75 years Jan 1991- Director
Mr Peter Howard79 years Jan 1991- Director
Mr Stuart HowardUnited Kingdom46 years Jan 2003- Director

P&L

June 2023

turnover

2.4m

+8%

operating profit

-67.6k

0%

gross margin

24.3%

-2.19%

turnover

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

Balance Sheet

June 2023

net assets

1.5m

+0.04%

total assets

4.7m

+0.31%

cash

3.4m

+0.59%

net assets

Total assets minus all liabilities

showell packing limited company details

company number

01560068

Type

Private limited with Share Capital

industry

16240 - Manufacture of wooden containers

incorporation date

May 1981

age

44

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

June 2023

previous names

N/A

accountant

CROMBIES ACCOUNTANTS LIMITED

auditor

-

address

showell rd, wolverhampton, west mids, WV10 9JY

Bank

BARCLAYS BANK PLC

Legal Advisor

-

showell packing 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 showell packing limited.

showell packing 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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showell packing limited Companies House Filings - See Documents

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