Cransford Polythene Limited

POWER SEARCH PRICING

SOLUTIONS

cransford polythene limited Company Information

Company Number

02202236

Next Accounts

Mar 2025

Directors

Stephen Cane

Shareholders

stephen cane

steve lockwood

Group Structure

View All

Industry

Other manufacturing n.e.c.

Registered Address

runways end, crabbes farm parham, woodbridge, suffolk, IP13 9AD

Website

www.cransfordpolythene.co.uk

cransford polythene limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of CRANSFORD POLYTHENE LIMITED at £2.7m based on Net Assets of £1.2m and 2.24x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Cransford Polythene Limited is a live company located in woodbridge, IP13 9AD with a Companies House number of 02202236. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in December 1987, it's largest shareholder is stephen cane with a 82% stake. Cransford Polythene Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cransford Polythene Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

2 Strong

4 Regular

6 Weak

Size

annual sales of £2.3m, make it smaller than the average company (£13.2m)

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.7%)

EXPORT

Cransford Polythene Limited's latest turnover from June 2023 is estimated at £2.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Cransford Polythene Limited has 19 employees and maintains cash reserves of £573.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	2,272,307	2,576,676	2,675,489	2,406,016	2,524,887	2,113,106	1,946,673	1,782,413	1,645,693	1,617,541	1,813,169	1,918,517	1,717,561	1,278,805
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,600,935	1,802,558	1,918,616	1,696,457	1,752,695	1,467,620	1,319,806	1,204,397	1,123,398	1,100,306	1,233,569	1,301,135	1,164,622	857,034
Gross Profit	671,372	774,118	756,873	709,559	772,192	645,486	626,867	578,016	522,295	517,235	579,599	617,382	552,939	421,772
Admin Expenses	606,113	648,467	481,660	418,183	546,448	530,043	553,043	533,439	504,734	517,072	556,597	598,123	541,033	165,652
Operating Profit	65,259	125,651	275,213	291,376	225,744	115,443	73,824	44,577	17,561	163	23,002	19,259	11,906	256,120
Interest Payable	0	2	2	0	0	1,743	0	0	0	2,779	4,228	1,450	0	0
Interest Receivable	30,770	6,682	409	258	477	47	0	0	1	72	73	7	91	85
Pre-Tax Profit	96,029	132,331	275,620	291,633	226,221	113,747	71,153	35,692	17,561	-2,544	18,847	17,817	11,997	256,206
Tax	-24,007	-25,143	-52,368	-55,410	-42,982	-21,612	-12,711	-29	-3,512	0	-4,335	-4,276	-3,119	-71,738
Profit After Tax	72,022	107,188	223,252	236,223	183,239	92,135	58,442	35,663	14,049	-2,544	14,512	13,541	8,878	184,468
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	72,022	107,188	223,252	236,223	183,239	92,135	58,442	35,663	14,049	-2,544	14,512	13,541	8,878	184,468
Employee Costs	768,906	816,890	776,016	879,869	685,704	672,175	347,671	324,204	391,859	380,657	436,078	471,350	427,503	322,318
Number Of Employees	19	21	21	24	19	19	11	14	12	12	14	15	14	11
EBITDA*	79,479	141,615	305,881	315,593	225,744	143,841	111,289	87,693	40,406	26,286	56,850	43,735	22,037	268,507

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	229,354	89,899	95,024	76,692	81,211	91,449	119,847	132,673	72,449	82,975	106,839	79,419	83,781	43,287
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	30,000	30,000	25,000	25,000	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	229,354	89,899	125,024	106,692	106,211	116,449	119,847	132,673	72,449	82,975	106,839	79,419	83,781	43,287
Stock & work in progress	261,073	320,232	388,833	161,841	267,261	165,674	190,400	160,240	188,720	180,971	213,979	187,881	209,242	123,559
Trade Debtors	445,405	494,921	534,868	503,163	553,931	471,207	461,444	408,053	323,112	324,660	340,763	388,599	310,103	252,012
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	14,128	15,213	18,131	11,909	10,000	15,000	0	0	0	0	0	0	0	0
Cash	573,869	656,943	412,200	406,104	109,673	17,519	1,181	516	5	284	28,547	715	2,265	34,184
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,294,475	1,487,309	1,354,032	1,083,017	940,865	669,400	653,025	568,809	511,837	505,915	583,289	577,195	521,610	409,755
total assets	1,523,829	1,577,208	1,479,056	1,189,709	1,047,076	785,849	772,872	701,482	584,286	588,890	690,128	656,614	605,391	453,042
Bank overdraft	0	0	61	5	5	0	53,629	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	214,501	316,409	317,861	165,236	329,224	229,882	254,825	437,150	315,929	313,593	370,308	392,193	399,120	262,044
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	20,989	10,382	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	105,324	128,817	136,340	222,926	128,241	148,386	105,633	0	0	0	0	0	0	0
total current liabilities	319,825	445,226	454,262	388,167	457,470	378,268	414,087	437,150	315,929	313,593	391,297	402,575	399,120	262,044
loans	0	0	0	0	0	0	0	0	0	0	64,507	34,227	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	3,235
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	24,287	25,512	68,851	8,840	22,528	43,517	0	0	0	0
provisions	12,825	12,825	12,825	12,825	12,825	12,825	12,825	12,825	12,825	12,825	12,825	12,825	12,825	3,195
total long term liabilities	12,825	12,825	12,825	12,825	37,112	38,337	81,676	21,665	35,353	56,342	77,332	47,052	12,825	6,430
total liabilities	332,650	458,051	467,087	400,992	494,582	416,605	495,763	458,815	351,282	369,935	468,629	449,627	411,945	268,474
net assets	1,191,179	1,119,157	1,011,969	788,717	552,494	369,244	277,109	242,667	233,004	218,955	221,499	206,987	193,446	184,568
total shareholders funds	1,191,179	1,119,157	1,011,969	788,717	552,494	369,244	277,109	242,667	233,004	218,955	221,499	206,987	193,446	184,568

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	65,259	125,651	275,213	291,376	225,744	115,443	73,824	44,577	17,561	163	23,002	19,259	11,906	256,120
Depreciation	14,220	15,964	30,668	24,217	0	28,398	37,465	43,116	22,845	26,123	33,848	24,476	10,131	12,387
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-24,007	-25,143	-52,368	-55,410	-42,982	-21,612	-12,711	-29	-3,512	0	-4,335	-4,276	-3,119	-71,738
Stock	-59,159	-68,601	226,992	-105,420	101,587	-24,726	30,160	-28,480	7,749	-33,008	26,098	-21,361	85,683	123,559
Debtors	-50,601	-42,865	37,927	-48,859	77,724	24,763	53,391	84,941	-1,548	-16,103	-47,836	78,496	58,091	252,012
Creditors	-101,908	-1,452	152,625	-163,988	99,342	-24,943	-182,325	121,221	2,336	-56,715	-21,885	-6,927	137,076	262,044
Accruals and Deferred Income	-23,493	-7,523	-86,586	94,685	-20,145	42,753	105,633	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	9,630	3,195
Cash flow from operations	39,831	218,963	54,633	345,159	82,648	140,002	-61,665	152,424	33,029	18,682	52,368	-24,603	21,850	86,437
Investing Activities
capital expenditure	-153,675	-10,839	-49,000	-19,698	10,238	0	-24,639	-103,340	-12,319	-2,259	-61,268	-20,114	-50,625	-55,674
Change in Investments	0	-30,000	0	5,000	0	25,000	0	0	0	0	0	0	0	0
cash flow from investments	-153,675	19,161	-49,000	-24,698	10,238	-25,000	-24,639	-103,340	-12,319	-2,259	-61,268	-20,114	-50,625	-55,674
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	-20,989	10,607	10,382	0	0
Long term loans	0	0	0	0	0	0	0	0	0	-64,507	30,280	34,227	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	-3,235	3,235
other long term liabilities	0	0	0	-24,287	-1,225	-43,339	60,011	-13,688	-20,989	43,517	0	0	0	0
share issue	0	0	0	0	11	0	-24,000	-26,000	0	0	0	0	0	100
interest	30,770	6,680	407	258	477	-1,696	0	0	1	-2,707	-4,155	-1,443	91	85
cash flow from financing	30,770	6,680	407	-24,029	-737	-45,035	36,011	-39,688	-20,988	-44,686	36,732	43,166	-3,144	3,420
cash and cash equivalents
cash	-83,074	244,743	6,096	296,431	92,154	16,338	665	511	-279	-28,263	27,832	-1,550	-31,919	34,184
overdraft	0	-61	56	0	5	-53,629	53,629	0	0	0	0	0	0	0
change in cash	-83,074	244,804	6,040	296,431	92,149	69,967	-52,964	511	-279	-28,263	27,832	-1,550	-31,919	34,184

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cransford polythene limited. Get real-time insights into cransford polythene limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cransford polythene limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in IP13 area or any other competitors across 12 key performance metrics.

CRANSFORD POLYTHENE LIMITED group structure

Cransford Polythene Limited has no subsidiary companies.

Ultimate parent company

CRANSFORD POLYTHENE LIMITED

02202236

CRANSFORD POLYTHENE LIMITED Shareholders

stephen cane	81.97%
steve lockwood	18.03%

Cransford Polythene Limited currently has 1 director, Mr Stephen Cane serving since Oct 1991.

officer	country	age	start	end	role
Mr Stephen Cane		69 years	Oct 1991	-	Director

P&L

June 2023

turnover

2.3m

-12%

operating profit

65.3k

gross margin

29.6%

-1.66%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

1.2m

+0.06%

total assets

1.5m

-0.03%

cash

573.9k

-0.13%

net assets

Total assets minus all liabilities

Similar Companies

juuce limited

titman tools limited

wup doodle limited

robert houlding carpets limited

2.5

first light lamps limited

company number

02202236

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

December 1987

ultimate parent company

None

previous names

primesenior limited (June 1990)

address

runways end, crabbes farm parham, woodbridge, suffolk, IP13 9AD

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 1 charges/mortgages relating to cransford polythene limited. Currently there are 0 open charges and 1 have been satisfied in the past.

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 CRANSFORD POLYTHENE LIMITED. This can take several minutes, an email will notify you when this has completed.

cransford polythene limited Company Information

cransford polythene limited Estimated Valuation

cransford polythene limited Estimated Valuation

cransford polythene limited Estimated Valuation

Cransford Polythene Limited Overview

Cransford Polythene Limited Health Check

CRANSFORD POLYTHENE LIMITED financials

cransford polythene limited Credit Report and Business Information

Cransford Polythene Limited Competitor Analysis

cransford polythene limited Ownership

cransford polythene limited directors

cransford polythene limited company details

cransford polythene limited Charges & Mortgages

cransford polythene limited Capital Raised & Share Issues BETA

cransford polythene limited Companies House Filings - See Documents