strata products limited
strata products limited Company Information
Company Number
02117372
Next Accounts
Jun 2025
Shareholders
mr michael anthony ilsen
susan nunn
View AllGroup Structure
View All
Industry
Manufacture of plastics in primary forms
Registered Address
plymouth avenue, brookhill industrial estate, pinxton notts, NG16 6NS
Website
www.strataproducts.co.ukstrata products limited Estimated Valuation
Pomanda estimates the enterprise value of STRATA PRODUCTS LIMITED at £48.5m based on a Turnover of £45.4m and 1.07x industry multiple (adjusted for size and gross margin).
strata products limited Estimated Valuation
Pomanda estimates the enterprise value of STRATA PRODUCTS LIMITED at £48.9m based on an EBITDA of £5.8m and a 8.37x industry multiple (adjusted for size and gross margin).
strata products limited Estimated Valuation
Pomanda estimates the enterprise value of STRATA PRODUCTS LIMITED at £43.2m based on Net Assets of £21.8m and 1.98x industry multiple (adjusted for liquidity).
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Strata Products Limited Overview
Strata Products Limited is a live company located in pinxton notts, NG16 6NS with a Companies House number of 02117372. It operates in the manufacture of plastics in primary forms sector, SIC Code 20160. Founded in March 1987, it's largest shareholder is mr michael anthony ilsen with a 53.9% stake. Strata Products Limited is a mature, large sized company, Pomanda has estimated its turnover at £45.4m with declining growth in recent years.
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Strata Products Limited Health Check
Pomanda's financial health check has awarded Strata Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £45.4m, make it larger than the average company (£26.8m)
£45.4m - Strata Products Limited
£26.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.2%)
-5% - Strata Products Limited
5.2% - Industry AVG
Production
with a gross margin of 20.4%, this company has a comparable cost of product (18.8%)
20.4% - Strata Products Limited
18.8% - Industry AVG
Profitability
an operating margin of 6.6% make it more profitable than the average company (5.1%)
6.6% - Strata Products Limited
5.1% - Industry AVG
Employees
with 229 employees, this is above the industry average (74)
229 - Strata Products Limited
74 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has a lower pay structure (£46.8k)
£32.8k - Strata Products Limited
£46.8k - Industry AVG
Efficiency
resulting in sales per employee of £198.3k, this is less efficient (£339.6k)
£198.3k - Strata Products Limited
£339.6k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (42 days)
63 days - Strata Products Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (33 days)
62 days - Strata Products Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is in line with average (59 days)
54 days - Strata Products Limited
59 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (10 weeks)
25 weeks - Strata Products Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (41.5%)
37.3% - Strata Products Limited
41.5% - Industry AVG
STRATA PRODUCTS LIMITED financials
Strata Products Limited's latest turnover from September 2023 is £45.4 million and the company has net assets of £21.8 million. According to their latest financial statements, Strata Products Limited has 229 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 45,402,000 | 43,789,000 | 46,420,000 | 53,272,000 | 31,736,000 | 29,888,000 | 28,915,000 | 31,743,000 | 27,010,000 | 18,515,739 | 16,738,840 | 15,737,094 | 11,071,863 | 10,692,480 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 36,144,000 | 37,249,000 | 36,699,000 | 41,547,000 | 26,168,000 | 22,692,000 | 20,567,000 | 23,556,000 | 19,639,000 | 14,341,765 | 12,532,562 | 11,245,843 | 7,732,845 | 6,776,415 |
| Gross Profit | 9,258,000 | 6,540,000 | 9,721,000 | 11,725,000 | 5,568,000 | 7,196,000 | 8,348,000 | 8,187,000 | 7,371,000 | 4,173,974 | 4,206,278 | 4,491,251 | 3,339,018 | 3,916,065 |
| Admin Expenses | 6,274,000 | 6,791,000 | 6,942,000 | 7,759,000 | 5,807,000 | 4,496,000 | 4,318,000 | 4,800,000 | 4,445,000 | 2,550,466 | 2,175,038 | 3,333,687 | 2,661,477 | 2,727,128 |
| Operating Profit | 2,984,000 | -251,000 | 2,779,000 | 3,966,000 | -239,000 | 2,700,000 | 4,030,000 | 3,387,000 | 2,926,000 | 1,623,508 | 2,031,240 | 1,157,564 | 677,541 | 1,188,937 |
| Interest Payable | 27,000 | 37,000 | 36,000 | 96,000 | 40,000 | 39,000 | 41,000 | 109,000 | 53,000 | 39,593 | 37,696 | 26,291 | 12,279 | 20,817 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,000 | 16,000 | 25,020 | 21,381 | 2,876 | 3,049 | 3,390 |
| Pre-Tax Profit | 2,957,000 | -288,000 | 2,743,000 | 3,870,000 | -279,000 | 2,661,000 | 3,989,000 | 3,297,000 | 2,889,000 | 1,608,935 | 2,014,925 | 1,134,149 | 668,311 | 1,171,510 |
| Tax | 229,000 | -430,000 | -119,000 | 250,000 | 493,000 | -426,000 | -343,000 | -638,000 | -605,000 | -376,300 | -470,436 | -231,172 | -172,352 | -342,556 |
| Profit After Tax | 3,186,000 | -718,000 | 2,624,000 | 4,120,000 | 214,000 | 2,235,000 | 3,646,000 | 2,659,000 | 2,284,000 | 1,232,635 | 1,544,489 | 902,977 | 495,959 | 828,954 |
| Dividends Paid | 0 | 7,305,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,186,000 | -8,023,000 | 2,624,000 | 4,120,000 | 214,000 | 2,235,000 | 3,646,000 | 2,659,000 | 2,284,000 | 1,232,635 | 1,544,489 | 902,977 | 495,959 | 828,954 |
| Employee Costs | 7,500,000 | 7,447,000 | 7,060,000 | 8,751,000 | 5,343,000 | 4,518,000 | 4,786,000 | 5,166,000 | 4,459,000 | 3,168,425 | 2,839,248 | 2,756,287 | 2,294,325 | 2,276,609 |
| Number Of Employees | 229 | 233 | 230 | 190 | 182 | 165 | 173 | 158 | 147 | 112 | 107 | 91 | 75 | 77 |
| EBITDA* | 5,839,000 | 2,632,000 | 5,154,000 | 8,360,000 | 1,655,000 | 4,237,000 | 5,326,000 | 5,151,000 | 4,135,000 | 2,775,495 | 3,039,526 | 2,049,996 | 1,387,404 | 1,869,331 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,081,000 | 15,264,000 | 17,363,000 | 16,035,000 | 14,314,000 | 14,951,000 | 14,546,000 | 13,345,000 | 8,851,000 | 6,785,810 | 6,317,554 | 5,753,943 | 5,440,239 | 4,466,202 |
| Intangible Assets | 1,467,000 | 1,989,000 | 0 | 12,000 | 66,000 | 102,000 | 137,000 | 149,000 | 7,000 | 5,001 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,548,000 | 17,253,000 | 17,363,000 | 16,047,000 | 14,380,000 | 15,053,000 | 14,683,000 | 13,494,000 | 8,858,000 | 6,790,811 | 6,317,554 | 5,753,943 | 5,440,239 | 4,466,202 |
| Stock & work in progress | 5,350,000 | 6,206,000 | 4,135,000 | 3,444,000 | 5,289,000 | 5,764,000 | 4,579,000 | 4,544,000 | 3,856,000 | 2,932,888 | 1,903,018 | 1,568,121 | 1,944,044 | 1,312,361 |
| Trade Debtors | 7,949,000 | 8,130,000 | 7,630,000 | 8,167,000 | 8,087,000 | 8,150,000 | 7,548,000 | 5,988,000 | 3,188,000 | 2,637,663 | 1,909,596 | 2,596,805 | 1,313,997 | 1,329,699 |
| Group Debtors | 0 | 0 | 11,339,000 | 4,047,000 | 3,469,000 | 2,665,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 336,000 | 279,000 | 308,000 | 309,000 | 149,000 | 212,000 | 366,000 | 738,000 | 1,077,000 | 611,618 | 564,115 | 261,862 | 200,044 | 179,388 |
| Cash | 5,644,000 | 8,000 | 11,000 | 5,129,000 | 849,000 | 2,120,000 | 4,354,000 | 645,000 | 3,550,000 | 2,176,594 | 3,020,211 | 1,102,289 | 790,006 | 1,139,700 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,279,000 | 14,623,000 | 23,423,000 | 21,096,000 | 17,843,000 | 18,911,000 | 16,861,000 | 11,915,000 | 11,671,000 | 8,358,763 | 7,396,940 | 5,529,077 | 4,248,091 | 3,961,148 |
| total assets | 34,827,000 | 31,876,000 | 40,786,000 | 37,143,000 | 32,223,000 | 33,964,000 | 31,544,000 | 25,409,000 | 20,529,000 | 15,149,574 | 13,714,494 | 11,283,020 | 9,688,330 | 8,427,350 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80,000 | 0 | 68,599 | 67,296 | 172,890 | 64,646 |
| Trade Creditors | 6,191,000 | 5,735,000 | 5,121,000 | 5,627,000 | 7,026,000 | 8,481,000 | 7,077,000 | 5,847,000 | 4,868,000 | 2,410,905 | 2,276,340 | 1,737,532 | 1,732,079 | 1,331,661 |
| Group/Directors Accounts | 1,796,000 | 2,288,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 749 | 199 | 11,032 | 26,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83,428 | 106,932 | 106,932 | 0 | 0 |
| hp & lease commitments | 510,000 | 514,000 | 505,000 | 504,000 | 287,000 | 383,000 | 374,000 | 404,000 | 346,000 | 368,076 | 266,130 | 194,573 | 36,853 | 14,349 |
| other current liabilities | 2,888,000 | 2,345,000 | 6,083,000 | 5,660,000 | 4,228,000 | 4,321,000 | 5,141,000 | 3,477,000 | 2,139,000 | 1,867,971 | 1,651,141 | 1,571,556 | 1,141,232 | 1,117,094 |
| total current liabilities | 11,385,000 | 10,882,000 | 11,709,000 | 11,791,000 | 11,541,000 | 13,185,000 | 12,592,000 | 9,728,000 | 7,433,000 | 4,730,380 | 4,369,891 | 3,678,088 | 3,094,086 | 2,553,750 |
| loans | 0 | 0 | 3,808,000 | 1,844,000 | 244,000 | 798,000 | 1,548,000 | 2,294,000 | 2,470,000 | 0 | 198,731 | 374,204 | 548,392 | 0 |
| hp & lease commitments | 905,000 | 1,414,000 | 1,904,000 | 922,000 | 122,000 | 399,000 | 774,000 | 1,147,000 | 540,000 | 890,214 | 852,900 | 452,899 | 97,732 | 38,942 |
| Accruals and Deferred Income | 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 | 389,808 |
| provisions | 698,000 | 927,000 | 994,000 | 756,000 | 1,256,000 | 1,324,000 | 1,390,000 | 736,000 | 708,000 | 266,187 | 262,814 | 292,160 | 363,678 | 358,117 |
| total long term liabilities | 1,603,000 | 2,341,000 | 2,401,000 | 1,300,000 | 750,000 | 1,061,000 | 1,469,000 | 1,515,000 | 1,589,000 | 1,156,401 | 1,314,445 | 1,119,263 | 1,009,802 | 786,867 |
| total liabilities | 12,988,000 | 13,223,000 | 14,110,000 | 13,091,000 | 12,291,000 | 14,246,000 | 14,061,000 | 11,243,000 | 9,022,000 | 5,886,781 | 5,684,336 | 4,797,351 | 4,103,888 | 3,340,617 |
| net assets | 21,839,000 | 18,653,000 | 26,676,000 | 24,052,000 | 19,932,000 | 19,718,000 | 17,483,000 | 14,166,000 | 11,507,000 | 9,262,793 | 8,030,158 | 6,485,669 | 5,584,442 | 5,086,733 |
| total shareholders funds | 21,839,000 | 18,653,000 | 26,676,000 | 24,052,000 | 19,932,000 | 19,718,000 | 17,483,000 | 14,166,000 | 11,507,000 | 9,262,793 | 8,030,158 | 6,485,669 | 5,584,442 | 5,086,733 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,984,000 | -251,000 | 2,779,000 | 3,966,000 | -239,000 | 2,700,000 | 4,030,000 | 3,387,000 | 2,926,000 | 1,623,508 | 2,031,240 | 1,157,564 | 677,541 | 1,188,937 |
| Depreciation | 2,855,000 | 2,883,000 | 2,363,000 | 4,340,000 | 1,858,000 | 1,501,000 | 1,264,000 | 1,749,000 | 1,204,000 | 1,151,987 | 1,008,286 | 892,432 | 709,863 | 680,394 |
| Amortisation | 0 | 0 | 12,000 | 54,000 | 36,000 | 36,000 | 32,000 | 15,000 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | 229,000 | -430,000 | -119,000 | 250,000 | 493,000 | -426,000 | -343,000 | -638,000 | -605,000 | -376,300 | -470,436 | -231,172 | -172,352 | -342,556 |
| Stock | -856,000 | 2,071,000 | 691,000 | -1,845,000 | -475,000 | 1,185,000 | 35,000 | 4,544,000 | 923,112 | 1,029,870 | 334,897 | -375,923 | 631,683 | 1,312,361 |
| Debtors | -124,000 | -10,868,000 | 6,754,000 | 818,000 | 678,000 | 3,099,000 | 1,202,000 | 6,726,000 | 1,015,719 | 775,570 | -384,956 | 1,344,626 | 4,954 | 1,509,087 |
| Creditors | 456,000 | 614,000 | -506,000 | -1,399,000 | -1,455,000 | 1,404,000 | 1,230,000 | 5,847,000 | 2,457,095 | 134,565 | 538,808 | 5,453 | 400,418 | 1,331,661 |
| Accruals and Deferred Income | 543,000 | -3,738,000 | 423,000 | 1,432,000 | -93,000 | -820,000 | 1,664,000 | 3,477,000 | 271,029 | 216,830 | 79,585 | 430,324 | 24,138 | 1,117,094 |
| Deferred Taxes & Provisions | -229,000 | -67,000 | 238,000 | -500,000 | -68,000 | -66,000 | 654,000 | 736,000 | 441,813 | 3,373 | -29,346 | -71,518 | 5,561 | 358,117 |
| Cash flow from operations | 7,818,000 | 7,808,000 | -2,255,000 | 9,170,000 | 329,000 | 45,000 | 7,294,000 | 3,303,000 | 4,761,106 | 948,523 | 3,208,196 | 1,214,380 | 1,008,532 | 1,512,199 |
| Investing Activities | ||||||||||||||
| capital expenditure | -1,590,086 | -584,049 | -613,122 | -1,690,729 | -474,807 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -1,590,086 | -584,049 | -613,122 | -1,690,729 | -474,807 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80,000 | -68,599 | 1,303 | -105,594 | 108,244 | 64,646 |
| Group/Directors Accounts | -492,000 | 2,288,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -749 | 550 | -10,833 | -14,968 | 26,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -83,428 | -23,504 | 0 | 106,932 | 0 | 0 |
| Long term loans | 0 | -3,808,000 | 1,964,000 | 1,600,000 | -554,000 | -750,000 | -746,000 | 2,294,000 | 2,470,000 | -198,731 | -175,473 | -174,188 | 548,392 | 0 |
| Hire Purchase and Lease Commitments | -513,000 | -481,000 | 983,000 | 1,017,000 | -373,000 | -366,000 | -403,000 | 1,551,000 | -372,290 | 139,260 | 471,558 | 512,887 | 81,294 | 53,291 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -389,808 | 389,808 |
| share issue | ||||||||||||||
| interest | -27,000 | -37,000 | -36,000 | -96,000 | -40,000 | -39,000 | -41,000 | -90,000 | -37,000 | -14,573 | -16,315 | -23,415 | -9,230 | -17,427 |
| cash flow from financing | -1,032,000 | -2,038,000 | 2,911,000 | 2,521,000 | -967,000 | -1,155,000 | -1,519,000 | 15,262,000 | 2,017,489 | -166,896 | 281,623 | 304,039 | 325,674 | 4,774,097 |
| cash and cash equivalents | ||||||||||||||
| cash | 5,636,000 | -3,000 | -5,118,000 | 4,280,000 | -1,271,000 | -2,234,000 | 3,709,000 | 645,000 | 1,373,406 | -843,617 | 1,917,922 | 312,283 | -349,694 | 1,139,700 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,636,000 | -3,000 | -5,118,000 | 4,280,000 | -1,271,000 | -2,234,000 | 3,709,000 | 645,000 | 1,373,406 | -843,617 | 1,917,922 | 312,283 | -349,694 | 1,139,700 |
strata products limited Credit Report and Business Information
Strata Products Limited Competitor Analysis
Perform a competitor analysis for strata products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NG16 area or any other competitors across 12 key performance metrics.
strata products limited Ownership
STRATA PRODUCTS LIMITED group structure
Strata Products Limited has no subsidiary companies.
Ultimate parent company
BERRY GLOBAL GROUP INC
#0110348
2 parents
STRATA PRODUCTS LIMITED
02117372
strata products limited directors
Strata Products Limited currently has 3 directors. The longest serving directors include Mr Jay Ilsen (Aug 2009) and Mr Ian Hendrie (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jay Ilsen | United Kingdom | 41 years | Aug 2009 | - | Director |
| Mr Ian Hendrie | England | 54 years | Feb 2024 | - | Director |
| Mr Cameron McLellan | United Kingdom | 54 years | Jan 2025 | - | Director |
P&L
September 2023turnover
45.4m
+4%
operating profit
3m
-1289%
gross margin
20.4%
+36.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
21.8m
+0.17%
total assets
34.8m
+0.09%
cash
5.6m
+704.5%
net assets
Total assets minus all liabilities
strata products limited company details
company number
02117372
Type
Private limited with Share Capital
industry
20160 - Manufacture of plastics in primary forms
incorporation date
March 1987
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
plymouth avenue, brookhill industrial estate, pinxton notts, NG16 6NS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
strata products 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 11 charges/mortgages relating to strata products limited. Currently there are 5 open charges and 6 have been satisfied in the past.
strata products limited Capital Raised & Share Issues BETA
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strata products limited Companies House Filings - See Documents
| date | description | view/download |
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