Pomanda estimates the enterprise value of PROAMPAC GRIMSBY LIMITED at £58.4m based on a Turnover of £58.6m and 1x industry multiple (adjusted for size and gross margin).
proampac grimsby limitedEstimated Valuation
£23.2m
Pomanda estimates the enterprise value of PROAMPAC GRIMSBY LIMITED at £23.2m based on an EBITDA of £3.2m and a 7.19x industry multiple (adjusted for size and gross margin).
proampac grimsby limitedEstimated Valuation
£41.2m
Pomanda estimates the enterprise value of PROAMPAC GRIMSBY LIMITED at £41.2m based on Net Assets of £20m and 2.06x industry multiple (adjusted for liquidity).
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Proampac Grimsby LimitedOverview
Proampac Grimsby Limited is a live company located in north east lincolnshire, DN37 9TS with a Companies House number of 01625575. It operates in the manufacture of plastic packing goods sector, SIC Code 22220. Founded in March 1982, it's largest shareholder is
proampac uk limited
with a 100% stake. Proampac Grimsby Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£58.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Proampac Grimsby Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
7 Regular
2 Weak
Size
annual sales of £58.6m, make it larger than the average company (£23.2m)
£58.6m - Proampac Grimsby Limited
£23.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.1%)
5% - Proampac Grimsby Limited
6.1% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (18.6%)
20.7% - Proampac Grimsby Limited
18.6% - Industry AVG
Profitability
an operating margin of 3.3% make it as profitable than the average company (3.5%)
3.3% - Proampac Grimsby Limited
3.5% - Industry AVG
Employees
with 254 employees, this is above the industry average (99)
254 - Proampac Grimsby Limited
99 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£40.4k)
£43.3k - Proampac Grimsby Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £230.9k, this is equally as efficient (£249k)
£230.9k - Proampac Grimsby Limited
£249k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (62 days)
86 days - Proampac Grimsby Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (45 days)
12 days - Proampac Grimsby Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 50 days, this is in line with average (51 days)
50 days - Proampac Grimsby Limited
51 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Proampac Grimsby Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.5%, this is a lower level of debt than the average (54%)
39.5% - Proampac Grimsby Limited
54% - Industry AVG
PROAMPAC GRIMSBY LIMITED financials
EXPORT
Proampac Grimsby Limited's latest turnover from December 2023 is £58.6 million and the company has net assets of £20 million. According to their latest financial statements, Proampac Grimsby Limited has 254 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
58,638,575
56,059,370
43,229,798
50,653,807
50,806,693
46,902,261
45,104,793
41,667,355
43,534,633
45,414,352
43,053,637
39,024,310
36,833,592
34,022,361
32,029,654
Other Income Or Grants
Cost Of Sales
46,525,140
46,184,047
34,406,818
38,771,628
38,786,213
35,783,713
34,374,663
31,818,678
34,731,615
37,305,545
34,943,775
31,561,707
28,624,053
27,675,572
25,295,388
Gross Profit
12,113,435
9,875,323
8,822,980
11,882,179
12,020,480
11,118,548
10,730,130
9,848,677
8,803,018
8,108,807
8,109,862
7,462,603
8,209,539
6,346,789
6,734,266
Admin Expenses
10,163,370
8,428,880
7,512,959
8,579,289
8,748,648
7,908,899
8,136,512
7,354,199
7,511,590
7,164,561
6,722,957
6,480,897
6,016,403
5,740,048
6,043,181
Operating Profit
1,950,065
1,446,443
1,310,021
3,302,890
3,271,832
3,209,649
2,593,618
2,494,478
1,291,428
944,246
1,386,905
981,706
2,193,136
606,741
691,085
Interest Payable
11,948
20,910
75,097
152,098
254,315
183,600
155,972
221,509
229,002
199,098
221,072
215,390
164,477
204,783
170,072
Interest Receivable
1,929
7
Pre-Tax Profit
1,938,117
1,425,533
1,234,924
3,150,792
3,017,517
3,026,049
2,437,646
2,272,969
1,064,355
745,148
1,165,833
766,316
2,028,659
392,699
521,020
Tax
-37,078
320,126
-492,712
-672,480
-508,450
-473,228
-517,838
-380,017
-63,977
-68,923
-180,016
-145,750
-466,045
-66,980
-111,894
Profit After Tax
1,901,039
1,745,659
742,212
2,478,312
2,509,067
2,552,821
1,919,808
1,892,952
1,000,378
676,225
985,817
620,566
1,562,614
325,719
409,126
Dividends Paid
391,732
853,951
853,951
2,851,166
787,930
677,027
429,119
468,152
468,152
474,490
218,415
193,874
Retained Profit
1,901,039
1,745,659
350,480
1,624,361
1,655,116
-298,345
1,131,878
1,215,925
571,259
208,073
517,665
146,076
1,344,199
131,845
409,126
Employee Costs
11,002,655
9,633,703
7,987,814
8,800,417
7,990,529
7,766,823
7,503,811
7,590,425
8,125,567
7,722,637
7,485,526
7,297,497
6,997,279
6,519,219
6,591,963
Number Of Employees
254
262
266
264
245
249
252
258
284
276
268
261
235
231
224
EBITDA*
3,223,296
2,836,337
2,642,219
4,851,123
4,815,026
4,662,920
3,890,880
3,926,420
2,642,573
2,147,579
2,692,965
2,272,285
3,316,121
1,853,736
1,889,609
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
10,447,139
11,279,682
12,441,849
13,627,388
12,498,977
12,762,569
9,540,816
10,656,257
11,755,652
9,377,738
9,939,022
10,912,496
8,036,749
8,972,175
9,674,120
Intangible Assets
1,960
4,000
6,044
8,000
10,000
20,000
Investments & Other
9,259
Debtors (Due After 1 year)
Total Fixed Assets
10,447,139
11,279,682
12,441,849
13,627,388
12,498,977
12,762,569
9,540,816
10,656,257
11,755,652
9,379,698
9,943,022
10,918,540
8,044,749
8,982,175
9,703,379
Stock & work in progress
6,376,337
7,951,758
7,539,315
5,795,869
4,658,207
5,465,290
5,228,031
5,586,017
4,809,473
5,070,217
4,541,925
4,475,706
3,557,787
3,603,314
3,786,708
Trade Debtors
13,852,992
13,544,960
11,138,271
10,225,749
9,994,800
7,975,433
7,539,381
6,550,921
6,875,847
8,582,150
6,994,339
6,628,674
6,293,144
6,209,429
6,111,683
Group Debtors
53,547
153,384
3,456
18,361
17,594
69,471
426,796
478,307
320,959
206,800
Misc Debtors
827,543
667,532
697,785
1,186,353
1,047,594
916,336
1,936,738
234,966
241,098
178,819
141,718
143,981
615,091
165,592
306,935
Cash
1,443,355
899,271
2,560,898
15,240
132,990
185,727
422,830
526,789
44,470
332,319
264,711
364,928
51,282
102,853
277,648
misc current assets
total current assets
22,553,774
23,216,905
21,939,725
17,223,211
15,851,952
14,560,380
15,196,451
13,325,489
12,449,195
14,484,464
12,149,493
11,613,289
10,517,304
10,081,188
10,482,974
total assets
33,000,913
34,496,587
34,381,574
30,850,599
28,350,929
27,322,949
24,737,267
23,981,746
24,204,847
23,864,162
22,092,515
22,531,829
18,562,053
19,063,363
20,186,353
Bank overdraft
1,043,990
1,063,684
1,097,880
648,465
791,199
1,287,403
3,326,618
2,946,523
1,834,631
2,601,927
2,248,476
Bank loan
942,257
414,014
401,241
87,476
166,633
172,603
Trade Creditors
1,597,530
2,612,498
4,925,519
5,107,764
4,658,750
4,496,030
4,157,817
3,971,724
4,140,401
5,427,019
4,130,085
4,813,966
3,299,102
4,235,069
4,680,723
Group/Directors Accounts
7,160,533
10,938,132
9,729,453
other short term finances
2,338,758
2,498,357
2,305,956
3,067,848
4,047,845
4,589,470
hp & lease commitments
1,065
19,191
19,705
31,202
31,202
53,631
67,130
103,406
265,630
375,372
342,660
309,613
446,962
1,017,940
other current liabilities
3,243,909
1,872,709
2,269,142
5,723,213
2,162,569
1,844,616
2,126,324
1,975,930
1,415,412
1,338,212
1,682,105
1,566,735
1,845,044
1,296,110
1,346,924
total current liabilities
12,001,972
15,424,404
16,943,305
11,792,939
10,235,269
9,933,889
9,741,608
9,731,097
10,498,263
12,907,734
9,928,194
10,071,125
7,375,866
8,746,701
9,466,666
loans
2,096,737
3,006,722
4,002,153
1,285,660
1,704,060
2,271,566
1,199,940
1,613,473
158,539
256,882
433,799
hp & lease commitments
14,171
30,256
24,464
55,486
76,480
13,501
56,042
140,547
358,849
618,893
827,425
1,054,877
1,261,033
Accruals and Deferred Income
other liabilities
18,759
21,891
25,023
28,599
32,679
37,347
42,675
48,759
55,707
86,746
provisions
1,026,751
1,001,032
1,098,606
955,955
734,123
617,427
618,048
647,791
706,028
710,112
703,168
838,311
950,188
1,092,119
1,212,877
total long term liabilities
1,026,751
1,001,032
1,112,777
3,082,948
3,765,309
4,693,825
2,002,079
2,390,375
3,062,235
883,338
2,299,304
3,113,352
1,984,911
2,459,585
2,994,455
total liabilities
13,028,723
16,425,436
18,056,082
14,875,887
14,000,578
14,627,714
11,743,687
12,121,472
13,560,498
13,791,072
12,227,498
13,184,477
9,360,777
11,206,286
12,461,121
net assets
19,972,190
18,071,151
16,325,492
15,974,712
14,350,351
12,695,235
12,993,580
11,860,274
10,644,349
10,073,090
9,865,017
9,347,352
9,201,276
7,857,077
7,725,232
total shareholders funds
19,972,190
18,071,151
16,325,492
15,974,712
14,350,351
12,695,235
12,993,580
11,860,274
10,644,349
10,073,090
9,865,017
9,347,352
9,201,276
7,857,077
7,725,232
Dec 2023
Dec 2022
Dec 2021
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
1,950,065
1,446,443
1,310,021
3,302,890
3,271,832
3,209,649
2,593,618
2,494,478
1,291,428
944,246
1,386,905
981,706
2,193,136
606,741
691,085
Depreciation
1,273,231
1,389,894
1,332,198
1,548,233
1,543,194
1,453,271
1,297,262
1,431,942
1,349,185
1,201,293
1,304,016
1,288,623
1,120,985
1,236,995
1,198,248
Amortisation
1,960
2,040
2,044
1,956
2,000
10,000
276
Tax
-37,078
320,126
-492,712
-672,480
-508,450
-473,228
-517,838
-380,017
-63,977
-68,923
-180,016
-145,750
-466,045
-66,980
-111,894
Stock
-1,575,421
412,443
2,881,108
1,137,662
-807,083
237,259
-357,986
776,544
-260,744
528,292
66,219
917,919
-45,527
-183,394
3,786,708
Debtors
368,206
2,526,364
778,757
351,347
2,151,392
-636,227
2,332,907
-382,569
-1,486,676
1,739,071
570,202
-135,580
533,214
-43,597
6,418,618
Creditors
-1,014,968
-2,313,021
266,769
449,014
162,720
338,213
186,093
-168,677
-1,286,618
1,296,934
-683,881
1,514,864
-935,967
-445,654
4,680,723
Accruals and Deferred Income
1,371,200
-396,433
106,573
3,560,644
317,953
-281,708
150,394
560,518
77,200
-343,893
115,370
-278,309
548,934
-50,814
1,346,924
Deferred Taxes & Provisions
25,719
-97,574
364,483
221,832
116,696
-621
-29,743
-58,237
-4,084
6,944
-135,143
-111,877
-141,931
-120,758
1,212,877
Cash flow from operations
4,775,384
-2,589,372
-772,533
6,921,124
3,559,636
4,644,544
1,704,865
3,486,032
3,112,514
771,278
1,172,874
2,468,874
1,833,425
1,396,521
-1,187,087
Investing Activities
capital expenditure
-440,688
-227,727
-1,275,070
-2,676,644
-42,206
-189,891
-3,664,952
-544,676
-197,950
-4,020,651
-131,795
-325,307
-585,121
Change in Investments
-9,259
9,259
cash flow from investments
-440,688
-227,727
-1,275,070
-2,676,644
-42,206
-189,891
-3,664,952
-544,676
-197,950
-4,020,651
-131,795
-316,048
-594,380
Financing Activities
Bank loans
942,257
-414,014
12,773
313,765
-79,157
-5,970
172,603
Group/Directors Accounts
-3,777,599
1,208,679
9,729,453
Other Short Term Loans
-2,338,758
-2,338,758
-159,599
192,401
-761,892
-979,997
-541,625
4,589,470
Long term loans
-3,006,722
-909,985
-995,431
2,716,493
-418,400
-567,506
2,271,566
-1,199,940
-413,533
1,454,934
-98,343
-176,917
433,799
Hire Purchase and Lease Commitments
-1,065
-32,297
-22,304
-5,705
-31,022
-43,423
49,480
-78,817
-246,729
-328,044
-227,332
-175,485
-364,801
-777,134
2,278,973
other long term liabilities
-18,759
-3,132
-3,132
-3,576
-4,080
-4,668
-5,328
-6,084
-6,948
-31,039
86,746
share issue
1,624,661
1,428
7,316,106
interest
-11,948
-20,910
-75,097
-152,098
-254,315
-183,600
-155,972
-221,509
-227,073
-199,098
-221,072
-215,390
-164,477
-204,783
-170,065
cash flow from financing
-3,790,612
1,155,472
5,911,233
-2,464,289
-1,459,126
2,678,739
-1,288,488
-1,851,405
1,252,059
2,443,706
-854,492
1,371,740
-713,726
-1,195,843
10,118,162
cash and cash equivalents
cash
544,084
-1,661,627
2,427,908
-117,750
-52,737
-237,103
-103,959
482,319
-287,849
67,608
-100,217
313,646
-51,571
-174,795
277,648
overdraft
-1,043,990
-1,043,990
-19,694
-34,196
449,415
-142,734
-496,204
-2,039,215
380,095
1,111,892
-767,296
353,451
2,248,476
change in cash
544,084
-1,661,627
3,471,898
926,240
-33,043
-202,907
-553,374
625,053
208,355
2,106,823
-480,312
-798,246
715,725
-528,246
-1,970,828
proampac grimsby limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for proampac grimsby limited. Get real-time insights into proampac grimsby limited's credit score, group structure and payment trends.
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proampac grimsby limited Ownership
PROAMPAC GRIMSBY LIMITED group structure
Proampac Grimsby Limited has 1 subsidiary company.
The sole shareholder of Proampac Grimsby Limited is Proampac Uk Limited.
proampac uk limited
100%
proampac grimsby limited directors
Proampac Grimsby Limited currently has 3 directors.
The longest serving directors include
Mr Eric Bradford (Jul 2021) and
Mr Gregory Tucker (Jul 2021).
pegasus way, europarc grimsby, north east lincolnshire, DN37 9TS
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proampac grimsby 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 14 charges/mortgages relating to proampac grimsby limited. Currently there are 0 open charges and 14 have been satisfied in the past.
proampac grimsby 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.
Click to start generating capital raising & share issue transactions for PROAMPAC GRIMSBY LIMITED. This can take several minutes, an email will notify you when this has completed.
proampac grimsby limitedCompanies House Filings - See Documents
