Pomanda estimates the enterprise value of E.S.P. PLASTICS LTD at £1.1m based on a Turnover of £2.9m and 0.4x industry multiple (adjusted for size and gross margin).
e.s.p. plastics ltdEstimated Valuation
£691.2k
Pomanda estimates the enterprise value of E.S.P. PLASTICS LTD at £691.2k based on an EBITDA of £232.2k and a 2.98x industry multiple (adjusted for size and gross margin).
e.s.p. plastics ltdEstimated Valuation
£2.4m
Pomanda estimates the enterprise value of E.S.P. PLASTICS LTD at £2.4m based on Net Assets of £1.5m and 1.58x industry multiple (adjusted for liquidity).
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E.s.p. Plastics LtdOverview
E.s.p. Plastics Ltd is a live company located in crook, DL15 8JL with a Companies House number of 01877977. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in January 1985, it's largest shareholder is
trustees of esp pension scheme
with a 92.7% stake. E.s.p. Plastics Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£2.9m with
declining
growth in recent years.
Pomanda's financial health check has awarded E.S.P. Plastics Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
2 Strong
6 Regular
4 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£15.9m)
£2.9m - E.s.p. Plastics Ltd
£15.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (7%)
-10% - E.s.p. Plastics Ltd
7% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
25.9% - E.s.p. Plastics Ltd
25.9% - Industry AVG
Profitability
an operating margin of 6.4% make it as profitable than the average company (5.5%)
6.4% - E.s.p. Plastics Ltd
5.5% - Industry AVG
Employees
with 27 employees, this is below the industry average (93)
27 - E.s.p. Plastics Ltd
93 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
£36.4k - E.s.p. Plastics Ltd
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £105.6k, this is less efficient (£169.9k)
£105.6k - E.s.p. Plastics Ltd
£169.9k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (54 days)
58 days - E.s.p. Plastics Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (41 days)
39 days - E.s.p. Plastics Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is in line with average (60 days)
60 days - E.s.p. Plastics Ltd
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 41 weeks, this is more cash available to meet short term requirements (12 weeks)
41 weeks - E.s.p. Plastics Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.1%, this is a lower level of debt than the average (43.3%)
28.1% - E.s.p. Plastics Ltd
43.3% - Industry AVG
E.S.P. PLASTICS LTD financials
EXPORT
E.S.P. Plastics Ltd's latest turnover from September 2023 is estimated at £2.9 million and the company has net assets of £1.5 million. According to their latest financial statements, E.S.P. Plastics Ltd has 27 employees and maintains cash reserves of £394.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Mar 2011
Mar 2010
Turnover
2,851,492
3,226,716
2,447,659
3,962,829
4,282,174
3,894,903
3,516,869
2,850,651
1,983,678
2,481,260
1,731,042
1,261,941
1,474,110
1,332,745
Other Income Or Grants
Cost Of Sales
2,114,030
2,342,479
1,756,968
2,849,500
3,119,393
2,761,211
2,458,259
1,993,006
1,414,518
1,757,357
1,237,327
902,813
1,018,016
921,051
Gross Profit
737,462
884,237
690,691
1,113,329
1,162,781
1,133,691
1,058,610
857,644
569,160
723,903
493,715
359,128
456,095
411,694
Admin Expenses
554,548
1,064,344
765,121
1,192,322
960,991
795,984
930,070
934,999
571,906
711,416
442,020
471,495
380,947
272,218
Operating Profit
182,914
-180,107
-74,430
-78,993
201,790
337,707
128,540
-77,355
-2,746
12,487
51,695
-112,367
75,148
139,476
Interest Payable
1,549
991
257
1,505
1,298
Interest Receivable
19,196
5,743
214
355
3,220
2,537
477
299
741
710
435
161
23
Pre-Tax Profit
200,561
-175,354
-74,216
-78,638
205,010
340,244
128,760
-78,561
-3,303
13,196
52,130
-112,206
75,171
139,476
Tax
-50,140
-38,952
-64,646
-24,464
-2,771
-11,990
-21,048
-39,053
Profit After Tax
150,421
-175,354
-74,216
-78,638
166,058
275,598
104,296
-78,561
-3,303
10,425
40,140
-112,206
54,123
100,423
Dividends Paid
Retained Profit
150,421
-175,354
-74,216
-78,638
166,058
275,598
104,296
-78,561
-3,303
10,425
40,140
-112,206
54,123
100,423
Employee Costs
981,577
943,289
978,001
1,076,336
1,155,237
1,173,180
946,150
700,180
463,520
562,240
386,344
299,679
372,642
345,945
Number Of Employees
27
27
29
33
36
37
31
24
16
20
14
11
14
13
EBITDA*
232,203
-128,523
-10,490
3,057
284,413
412,428
180,525
-31,477
40,701
50,632
84,050
-66,559
106,664
175,833
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Mar 2011
Mar 2010
Tangible Assets
377,104
365,080
359,864
431,204
527,333
525,128
410,136
344,248
290,816
288,068
294,188
218,586
212,099
237,064
Intangible Assets
Investments & Other
450,000
450,000
450,000
450,000
150,000
150,000
Debtors (Due After 1 year)
Total Fixed Assets
377,104
365,080
359,864
881,204
977,333
975,128
860,136
494,248
440,816
288,068
294,188
218,586
212,099
237,064
Stock & work in progress
347,948
377,368
240,415
201,274
217,877
203,488
188,278
184,103
164,904
159,433
176,431
142,162
151,587
119,792
Trade Debtors
460,326
675,190
462,308
851,383
884,515
765,129
754,429
819,089
453,722
605,742
348,192
237,730
279,754
236,834
Group Debtors
Misc Debtors
502,788
354,781
781,525
9,037
9,034
Cash
394,339
336,953
173,570
253,502
455,578
403,006
273,653
108,244
130,782
165,488
118,336
55,635
8,898
163
misc current assets
total current assets
1,705,401
1,744,292
1,657,818
1,306,159
1,557,970
1,371,623
1,216,360
1,111,436
758,445
939,697
642,959
435,527
440,239
356,789
total assets
2,082,505
2,109,372
2,017,682
2,187,363
2,535,303
2,346,751
2,076,496
1,605,684
1,199,261
1,227,765
937,147
654,113
652,338
593,853
Bank overdraft
3,531
24,012
Bank loan
Trade Creditors
226,971
338,962
217,220
498,772
740,746
708,579
746,272
258,486
312,336
384,752
340,673
282,055
393,029
363,534
Group/Directors Accounts
6,152
142,842
4,126
other short term finances
8,230
39,938
hp & lease commitments
other current liabilities
260,148
323,707
209,634
total current liabilities
490,650
692,833
426,854
498,772
740,746
708,579
746,272
409,558
356,400
384,752
340,673
282,055
393,029
363,534
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
9,749
37,077
46,750
14,400
8,231
31,994
40,270
16,250
16,333
33,200
provisions
93,967
69,072
68,007
74,349
74,349
74,349
74,349
64,835
53,890
52,492
52,573
36,038
27,172
28,880
total long term liabilities
93,967
69,072
68,007
84,098
111,426
121,099
88,749
64,835
62,121
84,486
92,843
52,288
43,505
62,080
total liabilities
584,617
761,905
494,861
582,870
852,172
829,678
835,021
474,393
418,521
469,238
433,516
334,343
436,534
425,614
net assets
1,497,888
1,347,467
1,522,821
1,604,493
1,683,131
1,517,073
1,241,475
1,131,291
780,740
758,527
503,631
319,770
215,804
168,239
total shareholders funds
1,497,888
1,347,467
1,522,821
1,604,493
1,683,131
1,517,073
1,241,475
1,131,291
780,740
758,527
503,631
319,770
215,804
168,239
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
182,914
-180,107
-74,430
-78,993
201,790
337,707
128,540
-77,355
-2,746
12,487
51,695
-112,367
75,148
139,476
Depreciation
49,289
51,584
63,940
82,050
82,623
74,721
51,985
45,878
43,447
38,145
32,355
45,808
31,516
36,357
Amortisation
Tax
-50,140
-38,952
-64,646
-24,464
-2,771
-11,990
-21,048
-39,053
Stock
-29,420
136,953
39,141
-16,603
14,389
15,210
4,175
19,199
5,471
-16,998
34,269
-9,425
31,795
119,792
Debtors
-66,857
-213,862
392,450
-33,132
119,386
10,700
-64,660
356,330
-152,017
266,584
110,462
-42,024
42,920
236,834
Creditors
-111,991
121,742
-281,552
-241,974
32,167
-37,693
487,786
-53,850
-72,416
44,079
58,618
-110,974
29,495
363,534
Accruals and Deferred Income
-63,559
114,073
209,634
Deferred Taxes & Provisions
24,895
1,065
-6,342
9,514
10,945
1,398
-81
16,535
8,866
-1,708
28,880
Cash flow from operations
127,685
185,266
-520,341
-189,182
143,853
284,179
713,846
-449,911
116,229
-157,727
2,482
-117,218
38,688
172,568
Investing Activities
capital expenditure
-61,313
-56,800
7,400
14,079
-84,828
-189,713
-117,873
-99,310
-46,195
-32,025
-107,957
-52,295
-6,551
-273,421
Change in Investments
-450,000
300,000
150,000
cash flow from investments
-61,313
-56,800
457,400
14,079
-84,828
-189,713
-417,873
-99,310
-196,195
-32,025
-107,957
-52,295
-6,551
-273,421
Financing Activities
Bank loans
Group/Directors Accounts
-6,152
6,152
-142,842
138,716
4,126
Other Short Term Loans
-8,230
-31,708
39,938
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-9,749
-27,328
-9,673
32,350
14,400
-8,231
-23,763
-8,276
24,020
-83
-16,867
33,200
share issue
-7,456
5,888
429,112
25,516
244,471
143,721
216,172
-6,558
67,816
interest
17,647
4,752
214
355
3,220
2,537
220
-1,206
-557
710
435
161
23
cash flow from financing
11,495
10,904
-16,991
-26,973
-6,453
34,887
-130,564
526,683
45,260
236,905
168,176
216,250
-23,402
101,016
cash and cash equivalents
cash
57,386
163,383
-79,932
-202,076
52,572
129,353
165,409
-22,538
-34,706
47,152
62,701
46,737
8,735
163
overdraft
-20,481
24,012
change in cash
77,867
139,371
-79,932
-202,076
52,572
129,353
165,409
-22,538
-34,706
47,152
62,701
46,737
8,735
163
e.s.p. plastics ltd 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 e.s.p. plastics ltd. Get real-time insights into e.s.p. plastics ltd's credit score, group structure and payment trends.
Perform a competitor analysis for e.s.p. plastics ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DL15 area or any other competitors across 12 key performance metrics.
e.s.p. plastics ltd Ownership
E.S.P. PLASTICS LTD group structure
E.S.P. Plastics Ltd has no subsidiary companies.
Ultimate parent company
E.S.P. PLASTICS LTD
01877977
E.S.P. PLASTICS LTD Shareholders
The largest shareholders in E.S.P. Plastics Ltd include Trustees Of Esp Pension Scheme and Paula Ritson.
trustees of esp pension scheme
92.68%
paula ritson
3%
alan freeman
3%
gavin beales
1.29%
violet freeman
0%
evie ritson
0%
dean shields
0%
zoe may freeman
0%
e.s.p. plastics ltd directors
E.S.P. Plastics Ltd currently has 2 directors.
The longest serving directors include
Miss Paula Ritson (Jun 2008) and
Mr Gavin Beales (Oct 2019).
esp commercial centre, prospect road, crook, durham, DL15 8JL
Bank
-
Legal Advisor
-
e.s.p. plastics ltd 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 4 charges/mortgages relating to e.s.p. plastics ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
e.s.p. plastics ltd 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 E.S.P. PLASTICS LTD. This can take several minutes, an email will notify you when this has completed.
e.s.p. plastics ltdCompanies House Filings - See Documents
