preston board and packaging limited
preston board and packaging limited Company Information
Company Number
01567779
Website
-Registered Address
arkwright mill, greenbank street, preston, PR1 7JS
Industry
Manufacture of paper and paperboard containers other than sacks and bags
Manufacture of paper and paperboard
Telephone
01772254200
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
marblegrange ltd 100%
preston board and packaging limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTON BOARD AND PACKAGING LIMITED at £37.4m based on a Turnover of £43.2m and 0.87x industry multiple (adjusted for size and gross margin).
preston board and packaging limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTON BOARD AND PACKAGING LIMITED at £24.8m based on an EBITDA of £4m and a 6.25x industry multiple (adjusted for size and gross margin).
preston board and packaging limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTON BOARD AND PACKAGING LIMITED at £16m based on Net Assets of £9.8m and 1.63x industry multiple (adjusted for liquidity).
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Preston Board And Packaging Limited Overview
Preston Board And Packaging Limited is a live company located in preston, PR1 7JS with a Companies House number of 01567779. It operates in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in June 1981, it's largest shareholder is marblegrange ltd with a 100% stake. Preston Board And Packaging Limited is a mature, large sized company, Pomanda has estimated its turnover at £43.2m with healthy growth in recent years.
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Preston Board And Packaging Limited Health Check
Pomanda's financial health check has awarded Preston Board And Packaging Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £43.2m, make it larger than the average company (£23m)
£43.2m - Preston Board And Packaging Limited
£23m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.2%)
12% - Preston Board And Packaging Limited
9.2% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (26.1%)
27.9% - Preston Board And Packaging Limited
26.1% - Industry AVG
Profitability
an operating margin of 7.1% make it more profitable than the average company (5.6%)
7.1% - Preston Board And Packaging Limited
5.6% - Industry AVG
Employees
with 197 employees, this is above the industry average (93)
197 - Preston Board And Packaging Limited
93 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£42.8k)
£38.4k - Preston Board And Packaging Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £219.1k, this is equally as efficient (£228k)
£219.1k - Preston Board And Packaging Limited
£228k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (59 days)
72 days - Preston Board And Packaging Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is close to average (52 days)
48 days - Preston Board And Packaging Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is less than average (39 days)
29 days - Preston Board And Packaging Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (8 weeks)
26 weeks - Preston Board And Packaging Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a higher level of debt than the average (49.2%)
57.6% - Preston Board And Packaging Limited
49.2% - Industry AVG
PRESTON BOARD AND PACKAGING LIMITED financials
Preston Board And Packaging Limited's latest turnover from December 2023 is £43.2 million and the company has net assets of £9.8 million. According to their latest financial statements, Preston Board And Packaging Limited has 197 employees and maintains cash reserves of £6.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 43,157,000 | 58,697,000 | 43,242,000 | 30,427,000 | 32,507,000 | 32,988,000 | 30,785,000 | 29,198,000 | 26,461,000 | 25,423,000 | 22,972,000 | 21,226,000 | 21,708,000 | 20,042,000 | 16,709,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 31,120,000 | 44,700,000 | 33,086,000 | 21,252,000 | 22,478,000 | 23,475,000 | 23,492,000 | 19,195,000 | 16,991,000 | 16,470,000 | 15,612,000 | 13,396,000 | 13,173,000 | 9,890,000 | |
| Gross Profit | 12,037,000 | 13,997,000 | 10,156,000 | 9,175,000 | 10,029,000 | 9,513,000 | 7,293,000 | 10,003,000 | 9,470,000 | 8,953,000 | 7,360,000 | 7,830,000 | 6,869,000 | 6,819,000 | |
| Admin Expenses | 8,966,000 | 10,276,000 | 8,566,000 | 6,557,000 | 7,141,000 | 6,478,000 | 6,700,000 | 9,718,000 | 9,206,000 | 8,465,000 | 7,049,000 | 7,668,000 | 6,246,000 | 6,325,000 | |
| Operating Profit | 3,071,000 | 3,721,000 | 1,590,000 | 2,618,000 | 2,888,000 | 3,035,000 | 593,000 | 285,000 | 264,000 | 488,000 | 311,000 | 162,000 | 237,000 | 623,000 | 494,000 |
| Interest Payable | 18,000 | 8,000 | 6,000 | 6,000 | 5,000 | 6,000 | 9,000 | 12,000 | 25,000 | 22,000 | 23,000 | 27,000 | 31,000 | 40,000 | 42,000 |
| Interest Receivable | 29,000 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 3,082,000 | 3,713,000 | 1,584,000 | 2,612,000 | 2,884,000 | 3,030,000 | 584,000 | 273,000 | 239,000 | 466,000 | 288,000 | 135,000 | 206,000 | 583,000 | 207,000 |
| Tax | -816,000 | -725,000 | -636,000 | -504,000 | -345,000 | -386,000 | -81,000 | -73,000 | 0 | -67,000 | -77,000 | -34,000 | -80,000 | 177,000 | -147,000 |
| Profit After Tax | 2,266,000 | 2,988,000 | 948,000 | 2,108,000 | 2,539,000 | 2,644,000 | 503,000 | 200,000 | 239,000 | 399,000 | 211,000 | 101,000 | 126,000 | 760,000 | 60,000 |
| Dividends Paid | 2,000,000 | 2,500,000 | 1,000,000 | 1,500,000 | 1,500,000 | 1,500,000 | 200,000 | 225,000 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 |
| Retained Profit | 266,000 | 488,000 | -52,000 | 608,000 | 1,039,000 | 1,144,000 | 303,000 | -25,000 | 239,000 | 399,000 | 211,000 | 101,000 | 126,000 | 760,000 | -40,000 |
| Employee Costs | 7,562,000 | 8,429,000 | 6,790,000 | 6,114,000 | 6,054,000 | 5,856,000 | 4,982,000 | 4,651,000 | 4,518,000 | 4,405,000 | 4,031,000 | 4,015,000 | 4,038,000 | 3,932,000 | 3,633,000 |
| Number Of Employees | 197 | 216 | 192 | 189 | 189 | 187 | 172 | 163 | 156 | 153 | 164 | 154 | 150 | 144 | 135 |
| EBITDA* | 3,971,000 | 4,667,000 | 2,476,000 | 3,483,000 | 3,723,000 | 3,730,000 | 1,162,000 | 834,000 | 727,000 | 952,000 | 763,000 | 584,000 | 662,000 | 1,018,000 | 848,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,823,000 | 5,663,000 | 5,696,000 | 5,627,000 | 6,151,000 | 6,002,000 | 5,808,000 | 5,824,000 | 6,257,000 | 6,235,000 | 5,989,000 | 5,946,000 | 5,934,000 | 5,716,000 | 4,689,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 5,000 | 0 | 0 | 0 |
| Total Fixed Assets | 4,823,000 | 5,663,000 | 5,696,000 | 5,627,000 | 6,151,000 | 6,002,000 | 5,808,000 | 5,824,000 | 6,257,000 | 6,235,000 | 5,990,000 | 5,951,000 | 5,934,000 | 5,716,000 | 4,689,000 |
| Stock & work in progress | 2,499,000 | 3,978,000 | 2,409,000 | 1,461,000 | 1,609,000 | 1,441,000 | 1,265,000 | 1,184,000 | 1,127,000 | 1,102,000 | 1,169,000 | 1,223,000 | 1,143,000 | 999,000 | 908,000 |
| Trade Debtors | 8,525,000 | 13,299,000 | 11,332,000 | 7,606,000 | 6,801,000 | 7,261,000 | 7,533,000 | 6,706,000 | 6,474,000 | 6,020,000 | 5,788,000 | 4,904,000 | 5,090,000 | 5,008,000 | 3,513,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,145,000 | 196,000 | 498,000 | 765,000 | 477,000 | 768,000 | 203,000 | 239,000 | 503,000 | 250,000 | 389,000 | 208,000 | 184,000 | 180,000 | 183,000 |
| Cash | 6,208,000 | 3,347,000 | 3,965,000 | 4,317,000 | 3,105,000 | 1,839,000 | 0 | 243,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,377,000 | 20,820,000 | 18,204,000 | 14,149,000 | 11,992,000 | 11,309,000 | 9,001,000 | 8,372,000 | 8,104,000 | 7,372,000 | 7,346,000 | 6,335,000 | 6,417,000 | 6,187,000 | 4,604,000 |
| total assets | 23,200,000 | 26,483,000 | 23,900,000 | 19,776,000 | 18,143,000 | 17,311,000 | 14,809,000 | 14,196,000 | 14,361,000 | 13,607,000 | 13,336,000 | 12,286,000 | 12,351,000 | 11,903,000 | 9,293,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 535,000 | 379,000 | 636,000 | 1,007,000 | 1,495,000 | 1,387,000 | 1,397,000 | 1,527,000 | 1,121,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,124,000 | 5,171,000 | 6,765,000 | 3,896,000 | 2,871,000 | 3,298,000 | 3,632,000 | 3,866,000 | 3,367,000 | 2,931,000 | 3,281,000 | 2,502,000 | 2,886,000 | 2,744,000 | 2,115,000 |
| Group/Directors Accounts | 5,490,000 | 7,587,000 | 5,402,000 | 4,796,000 | 4,774,000 | 4,446,000 | 2,520,000 | 2,343,000 | 2,359,000 | 1,872,000 | 1,026,000 | 1,372,000 | 894,000 | 27,000 | 214,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,000 | 16,000 | 8,000 | 3,000 | 0 |
| other current liabilities | 2,597,000 | 2,914,000 | 1,356,000 | 990,000 | 1,151,000 | 1,326,000 | 1,028,000 | 766,000 | 1,066,000 | 1,103,000 | 978,000 | 722,000 | 968,000 | 1,593,000 | 503,000 |
| total current liabilities | 12,211,000 | 15,672,000 | 13,523,000 | 9,682,000 | 8,796,000 | 9,070,000 | 7,715,000 | 7,354,000 | 7,428,000 | 6,913,000 | 6,799,000 | 5,999,000 | 6,153,000 | 5,894,000 | 3,953,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 301,000 | 301,000 | 301,000 | 301,000 | 301,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 28,000 | 16,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,146,000 | 1,234,000 | 1,288,000 | 953,000 | 814,000 | 747,000 | 744,000 | 795,000 | 861,000 | 861,000 | 802,000 | 752,000 | 747,000 | 696,000 | 803,000 |
| total long term liabilities | 1,146,000 | 1,234,000 | 1,288,000 | 953,000 | 814,000 | 747,000 | 744,000 | 795,000 | 861,000 | 861,000 | 1,103,000 | 1,064,000 | 1,076,000 | 1,013,000 | 1,104,000 |
| total liabilities | 13,357,000 | 16,906,000 | 14,811,000 | 10,635,000 | 9,610,000 | 9,817,000 | 8,459,000 | 8,149,000 | 8,289,000 | 7,774,000 | 7,902,000 | 7,063,000 | 7,229,000 | 6,907,000 | 5,057,000 |
| net assets | 9,843,000 | 9,577,000 | 9,089,000 | 9,141,000 | 8,533,000 | 7,494,000 | 6,350,000 | 6,047,000 | 6,072,000 | 5,833,000 | 5,434,000 | 5,223,000 | 5,122,000 | 4,996,000 | 4,236,000 |
| total shareholders funds | 9,843,000 | 9,577,000 | 9,089,000 | 9,141,000 | 8,533,000 | 7,494,000 | 6,350,000 | 6,047,000 | 6,072,000 | 5,833,000 | 5,434,000 | 5,223,000 | 5,122,000 | 4,996,000 | 4,236,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,071,000 | 3,721,000 | 1,590,000 | 2,618,000 | 2,888,000 | 3,035,000 | 593,000 | 285,000 | 264,000 | 488,000 | 311,000 | 162,000 | 237,000 | 623,000 | 494,000 |
| Depreciation | 900,000 | 946,000 | 886,000 | 865,000 | 835,000 | 695,000 | 569,000 | 549,000 | 463,000 | 464,000 | 452,000 | 422,000 | 425,000 | 395,000 | 354,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -816,000 | -725,000 | -636,000 | -504,000 | -345,000 | -386,000 | -81,000 | -73,000 | 0 | -67,000 | -77,000 | -34,000 | -80,000 | 177,000 | -147,000 |
| Stock | -1,479,000 | 1,569,000 | 948,000 | -148,000 | 168,000 | 176,000 | 81,000 | 57,000 | 25,000 | -67,000 | -54,000 | 80,000 | 144,000 | 91,000 | 908,000 |
| Debtors | -3,825,000 | 1,665,000 | 3,459,000 | 1,093,000 | -751,000 | 293,000 | 791,000 | -32,000 | 707,000 | 92,000 | 1,061,000 | -157,000 | 86,000 | 1,492,000 | 3,696,000 |
| Creditors | -1,047,000 | -1,594,000 | 2,869,000 | 1,025,000 | -427,000 | -334,000 | -234,000 | 499,000 | 436,000 | -350,000 | 779,000 | -384,000 | 142,000 | 629,000 | 2,115,000 |
| Accruals and Deferred Income | -317,000 | 1,558,000 | 366,000 | -161,000 | -175,000 | 298,000 | 262,000 | -300,000 | -37,000 | 125,000 | 256,000 | -246,000 | -625,000 | 1,090,000 | 503,000 |
| Deferred Taxes & Provisions | -88,000 | -54,000 | 335,000 | 139,000 | 67,000 | 3,000 | -51,000 | -66,000 | 0 | 59,000 | 50,000 | 5,000 | 51,000 | -107,000 | 803,000 |
| Cash flow from operations | 7,007,000 | 618,000 | 1,003,000 | 3,037,000 | 3,426,000 | 2,842,000 | 186,000 | 869,000 | 394,000 | 694,000 | 764,000 | 2,000 | -80,000 | 1,224,000 | -482,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,097,000 | 2,185,000 | 606,000 | 22,000 | 328,000 | 1,926,000 | 177,000 | -16,000 | 487,000 | 846,000 | -346,000 | 478,000 | 867,000 | -187,000 | 214,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -301,000 | 0 | 0 | 0 | 0 | 301,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,000 | -8,000 | -9,000 | 17,000 | 19,000 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 11,000 | -8,000 | -6,000 | -6,000 | -4,000 | -5,000 | -9,000 | -12,000 | -25,000 | -22,000 | -23,000 | -27,000 | -31,000 | -40,000 | -42,000 |
| cash flow from financing | -2,086,000 | 2,177,000 | 600,000 | 16,000 | 324,000 | 1,921,000 | 168,000 | -28,000 | 462,000 | 504,000 | -377,000 | 442,000 | 853,000 | -208,000 | 4,749,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 2,861,000 | -618,000 | -352,000 | 1,212,000 | 1,266,000 | 1,839,000 | -243,000 | 243,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -535,000 | 156,000 | -257,000 | -371,000 | -488,000 | 108,000 | -10,000 | -130,000 | 406,000 | 1,121,000 |
| change in cash | 2,861,000 | -618,000 | -352,000 | 1,212,000 | 1,266,000 | 2,374,000 | -399,000 | 500,000 | 371,000 | 488,000 | -108,000 | 10,000 | 130,000 | -406,000 | -1,121,000 |
preston board and packaging limited Credit Report and Business Information
Preston Board And Packaging Limited Competitor Analysis
Perform a competitor analysis for preston board and packaging limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in PR1 area or any other competitors across 12 key performance metrics.
preston board and packaging limited Ownership
PRESTON BOARD AND PACKAGING LIMITED group structure
Preston Board And Packaging Limited has no subsidiary companies.
Ultimate parent company
1 parent
PRESTON BOARD AND PACKAGING LIMITED
01567779
preston board and packaging limited directors
Preston Board And Packaging Limited currently has 6 directors. The longest serving directors include Mr Charles Ingham (Jul 1991) and Mr David Hardman (Jul 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Ingham | 74 years | Jul 1991 | - | Director | |
| Mr David Hardman | 78 years | Jul 1991 | - | Director | |
| Mr Nicholas Hardman | 57 years | Jan 2017 | - | Director | |
| Mr Christopher Ingham | 48 years | Jan 2017 | - | Director | |
| Mr Charles Ingham | 43 years | Jan 2017 | - | Director | |
| Mr Richard Hardman | 42 years | Dec 2020 | - | Director |
P&L
December 2023turnover
43.2m
-26%
operating profit
3.1m
-17%
gross margin
27.9%
+16.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.8m
+0.03%
total assets
23.2m
-0.12%
cash
6.2m
+0.85%
net assets
Total assets minus all liabilities
preston board and packaging limited company details
company number
01567779
Type
Private limited with Share Capital
industry
17219 - Manufacture of paper and paperboard containers other than sacks and bags
17120 - Manufacture of paper and paperboard
incorporation date
June 1981
age
43
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
pagegrange limited (December 1981)
last accounts submitted
December 2023
address
arkwright mill, greenbank street, preston, PR1 7JS
accountant
-
auditor
MHA
preston board and packaging 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 5 charges/mortgages relating to preston board and packaging limited. Currently there are 5 open charges and 0 have been satisfied in the past.
preston board and packaging limited Companies House Filings - See Documents
| date | description | view/download |
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