Pomanda estimates the enterprise value of ERTONE PLASTICS LIMITED at £811.5k based on a Turnover of £2m and 0.41x industry multiple (adjusted for size and gross margin).
ertone plastics limitedEstimated Valuation
£265.5k
Pomanda estimates the enterprise value of ERTONE PLASTICS LIMITED at £265.5k based on an EBITDA of £87.9k and a 3.02x industry multiple (adjusted for size and gross margin).
ertone plastics limitedEstimated Valuation
£513.4k
Pomanda estimates the enterprise value of ERTONE PLASTICS LIMITED at £513.4k based on Net Assets of £326k and 1.58x industry multiple (adjusted for liquidity).
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Ertone Plastics LimitedOverview
Ertone Plastics Limited is a live company located in buckinghamshire, HP19 8DS with a Companies House number of 01677534. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in November 1982, it's largest shareholder is
oakley lorien limited
with a 100% stake. Ertone Plastics Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2m with
high
growth in recent years.
Pomanda's financial health check has awarded Ertone Plastics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £2m, make it smaller than the average company (£16.2m)
£2m - Ertone Plastics Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (8.6%)
21% - Ertone Plastics Limited
8.6% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
27.9% - Ertone Plastics Limited
27.9% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (5.4%)
2.9% - Ertone Plastics Limited
5.4% - Industry AVG
Employees
with 15 employees, this is below the industry average (102)
15 - Ertone Plastics Limited
102 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
£38.7k - Ertone Plastics Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £133.4k, this is less efficient (£165.5k)
£133.4k - Ertone Plastics Limited
£165.5k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (53 days)
75 days - Ertone Plastics Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (40 days)
61 days - Ertone Plastics Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (57 days)
21 days - Ertone Plastics Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is more cash available to meet short term requirements (13 weeks)
18 weeks - Ertone Plastics Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.5%, this is a higher level of debt than the average (41.9%)
61.5% - Ertone Plastics Limited
41.9% - Industry AVG
ERTONE PLASTICS LIMITED financials
EXPORT
Ertone Plastics Limited's latest turnover from May 2024 is estimated at £2 million and the company has net assets of £326 thousand. According to their latest financial statements, Ertone Plastics Limited has 15 employees and maintains cash reserves of £168.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
2,000,624
2,262,895
1,470,270
1,128,131
1,144,968
1,547,136
1,547,028
2,066,706
1,748,148
1,373,002
1,791,816
1,338,188
953,294
895,022
1,202,557
Other Income Or Grants
Cost Of Sales
1,443,377
1,676,685
1,053,092
807,945
821,679
1,119,841
1,094,314
1,446,491
1,222,635
975,140
1,277,690
959,401
681,935
627,119
831,836
Gross Profit
557,248
586,210
417,178
320,186
323,290
427,295
452,714
620,216
525,513
397,861
514,125
378,788
271,359
267,902
370,721
Admin Expenses
498,363
467,230
1,436,038
368,114
821,839
164,795
600,062
546,156
480,212
391,736
275,642
59,215
255,567
141,183
-994,092
Operating Profit
58,885
118,980
-1,018,860
-47,928
-498,549
262,500
-147,348
74,060
45,301
6,125
238,483
319,573
15,792
126,719
1,364,813
Interest Payable
3,363
4,164
3,307
3,050
1,525
Interest Receivable
6,429
2,347
1,465
299
520
5,368
3,897
2,077
4,201
3,875
3,244
2,380
1,513
1,219
584
Pre-Tax Profit
61,952
117,163
-1,020,702
-50,679
-499,554
267,868
-143,451
76,137
49,503
10,000
241,727
321,953
17,305
127,938
1,365,397
Tax
-15,488
-29,291
-50,895
-14,466
-9,900
-2,000
-50,763
-74,049
-4,153
-33,264
-382,311
Profit After Tax
46,464
87,872
-1,020,702
-50,679
-499,554
216,973
-143,451
61,671
39,602
8,000
190,964
247,904
13,152
94,674
983,086
Dividends Paid
Retained Profit
46,464
87,872
-1,020,702
-50,679
-499,554
216,973
-143,451
61,671
39,602
8,000
190,964
247,904
13,152
94,674
983,086
Employee Costs
580,826
690,387
658,905
802,782
778,045
768,477
880,730
809,895
783,008
316,455
420,120
301,951
242,118
212,938
315,128
Number Of Employees
15
19
19
24
24
24
28
27
27
11
15
11
9
8
12
EBITDA*
87,876
181,865
-962,047
-19,385
-411,681
327,073
-106,751
102,632
74,290
38,425
267,137
326,550
23,501
149,213
1,364,813
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
99,528
127,975
68,843
1,124,478
1,151,549
1,230,483
821,010
805,591
833,643
862,245
873,825
792,086
790,504
796,376
802,938
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
99,528
127,975
68,843
1,124,478
1,151,549
1,230,483
821,010
805,591
833,643
862,245
873,825
792,086
790,504
796,376
802,938
Stock & work in progress
86,809
121,008
161,001
37,331
72,132
77,085
33,600
22,750
21,640
17,770
16,640
17,850
20,960
16,465
15,065
Trade Debtors
412,834
387,283
174,583
101,831
73,987
220,597
181,163
466,447
261,830
258,828
416,773
301,596
215,018
231,981
275,076
Group Debtors
20,000
Misc Debtors
58,257
65,262
110,433
62,740
28,504
32,622
31,009
31,672
Cash
168,917
76,010
28,299
264,766
333,736
706,769
724,694
834,163
827,219
853,213
696,690
600,862
351,169
253,946
233,675
misc current assets
total current assets
746,817
649,563
474,316
466,668
508,359
1,037,073
970,466
1,355,032
1,110,689
1,129,811
1,130,103
920,308
587,147
502,392
523,816
total assets
846,345
777,538
543,159
1,591,146
1,659,908
2,267,556
1,791,476
2,160,623
1,944,332
1,992,056
2,003,928
1,712,394
1,377,651
1,298,768
1,326,754
Bank overdraft
10,140
9,890
9,646
5,517
50,000
Bank loan
Trade Creditors
241,738
335,499
163,608
38,952
29,928
115,958
112,843
211,964
315,549
404,276
424,148
323,578
236,739
171,008
293,668
Group/Directors Accounts
60,000
90,000
1,401
240,854
1,401
other short term finances
hp & lease commitments
other current liabilities
232,015
59,123
53,428
63,055
90,162
162,226
131,630
18,752
total current liabilities
483,893
464,512
316,682
107,524
170,090
278,184
245,874
471,570
316,950
404,276
424,148
323,578
236,739
171,008
293,668
loans
14,806
24,946
34,837
44,483
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
21,670
8,568
total long term liabilities
36,476
33,514
34,837
44,483
total liabilities
520,369
498,026
351,519
152,007
170,090
278,184
245,874
471,570
316,950
404,276
424,148
323,578
236,739
171,008
293,668
net assets
325,976
279,512
191,640
1,439,139
1,489,818
1,989,372
1,545,602
1,689,053
1,627,382
1,587,780
1,579,780
1,388,816
1,140,912
1,127,760
1,033,086
total shareholders funds
325,976
279,512
191,640
1,439,139
1,489,818
1,989,372
1,545,602
1,689,053
1,627,382
1,587,780
1,579,780
1,388,816
1,140,912
1,127,760
1,033,086
May 2024
May 2023
May 2022
May 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
58,885
118,980
-1,018,860
-47,928
-498,549
262,500
-147,348
74,060
45,301
6,125
238,483
319,573
15,792
126,719
1,364,813
Depreciation
28,991
62,885
56,813
28,543
86,868
64,573
40,597
28,572
28,989
32,300
28,654
6,977
7,709
22,494
Amortisation
Tax
-15,488
-29,291
-50,895
-14,466
-9,900
-2,000
-50,763
-74,049
-4,153
-33,264
-382,311
Stock
-34,199
-39,993
123,670
-34,801
-4,953
43,485
10,850
1,110
3,870
1,130
-1,210
-3,110
4,495
1,400
15,065
Debtors
38,546
167,529
120,445
62,080
-150,728
41,047
-285,947
236,289
3,002
-157,945
115,177
86,578
-16,963
-43,095
275,076
Creditors
-93,761
171,891
124,656
9,024
-86,030
3,115
-99,121
-103,585
-88,727
-19,872
100,570
86,839
65,731
-122,660
293,668
Accruals and Deferred Income
172,892
5,695
-9,627
-27,107
-72,064
30,596
112,878
18,752
Deferred Taxes & Provisions
13,102
8,568
Cash flow from operations
160,274
211,192
-1,091,133
-64,747
-414,094
225,357
182,103
-234,066
-31,209
173,368
202,977
255,872
97,547
34,984
986,029
Investing Activities
capital expenditure
-544
-122,017
998,822
-1,472
-7,934
-474,046
-56,016
-520
-387
-20,720
-110,393
-8,559
-1,837
-15,932
-802,938
Change in Investments
cash flow from investments
-544
-122,017
998,822
-1,472
-7,934
-474,046
-56,016
-520
-387
-20,720
-110,393
-8,559
-1,837
-15,932
-802,938
Financing Activities
Bank loans
Group/Directors Accounts
-60,000
-30,000
90,000
-1,401
-239,453
239,453
1,401
Other Short Term Loans
Long term loans
-10,140
-9,891
-9,646
44,483
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-226,797
226,797
50,000
interest
3,066
-1,817
-1,842
-2,751
-1,005
5,368
3,897
2,077
4,201
3,875
3,244
2,380
1,513
1,219
584
cash flow from financing
-67,074
-41,708
-148,285
41,732
-1,005
230,764
-235,556
241,530
5,602
3,875
3,244
2,380
1,513
1,219
50,584
cash and cash equivalents
cash
92,907
47,711
-236,467
-68,970
-373,033
-17,925
-109,469
6,944
-25,994
156,523
95,828
249,693
97,223
20,271
233,675
overdraft
250
244
4,129
-44,483
50,000
change in cash
92,657
47,467
-240,596
-24,487
-423,033
-17,925
-109,469
6,944
-25,994
156,523
95,828
249,693
97,223
20,271
233,675
ertone plastics 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 ertone plastics limited. Get real-time insights into ertone plastics limited's credit score, group structure and payment trends.
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ertone plastics limited Ownership
ERTONE PLASTICS LIMITED group structure
Ertone Plastics Limited has no subsidiary companies.
unit 3 telford close, aylesbury, buckinghamshire, hp19 3ds, HP19 8DS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ertone plastics 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 7 charges/mortgages relating to ertone plastics limited. Currently there are 1 open charges and 6 have been satisfied in the past.
ertone plastics 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 ERTONE PLASTICS LIMITED. This can take several minutes, an email will notify you when this has completed.
ertone plastics limitedCompanies House Filings - See Documents
