princes limited

1.5

princes limited Company Information

Share PRINCES LIMITED
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Company Number

02328824

Registered Address

royal liver building, pier head, liverpool, L3 1NX

Industry

Non-specialised wholesale of food, beverages and tobacco

 

Telephone

01519667000

Next Accounts Due

December 2024

Group Structure

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Directors

Stephen Cardall7 Years

Kazuhito Suematsu6 Years

View All

Shareholders

mitsubishi corp 100%

princes limited Estimated Valuation

£90.6m - £709.5m

The estimated valuation range for princes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £90.6m to £709.5m

princes limited Estimated Valuation

£90.6m - £709.5m

The estimated valuation range for princes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £90.6m to £709.5m

princes limited Estimated Valuation

£90.6m - £709.5m

The estimated valuation range for princes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £90.6m to £709.5m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Princes Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

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Princes Limited Overview

Princes Limited is a live company located in liverpool, L3 1NX with a Companies House number of 02328824. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in December 1988, it's largest shareholder is mitsubishi corp with a 100% stake. Princes Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.7b with healthy growth in recent years.

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Princes Limited Health Check

Pomanda's financial health check has awarded Princes Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £1.7b, make it larger than the average company (£34.6m)

£1.7b - Princes Limited

£34.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (5.5%)

4% - Princes Limited

5.5% - Industry AVG

production

Production

with a gross margin of 15.3%, this company has a higher cost of product (19.3%)

15.3% - Princes Limited

19.3% - Industry AVG

profitability

Profitability

an operating margin of -2% make it less profitable than the average company (3.1%)

-2% - Princes Limited

3.1% - Industry AVG

employees

Employees

with 6734 employees, this is above the industry average (75)

6734 - Princes Limited

75 - Industry AVG

paystructure

Pay Structure

on an average salary of £23k, the company has a lower pay structure (£35.7k)

£23k - Princes Limited

£35.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.1k, this is less efficient (£383.3k)

£259.1k - Princes Limited

£383.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is later than average (37 days)

45 days - Princes Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (38 days)

31 days - Princes Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 100 days, this is more than average (39 days)

100 days - Princes Limited

39 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)

0 weeks - Princes Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.1%, this is a higher level of debt than the average (58.1%)

77.1% - Princes Limited

58.1% - Industry AVG

princes limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Princes Limited Competitor Analysis

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Perform a competitor analysis for princes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

princes limited Ownership

princes limited directors

Princes Limited currently has 7 directors. The longest serving directors include Mr Stephen Cardall (Apr 2017) and Mr Kazuhito Suematsu (Apr 2018).

officercountryagestartendrole
Mr Stephen Cardall52 years Apr 2017- Director
Mr Kazuhito Suematsu46 years Apr 2018- Director
Mr Yoshinori Katayama61 years Apr 2020- Director
Mr Akihiko Takada58 years Apr 2022- Director
Mr Satoshi Nakaniwa55 years Jun 2022- Director
Mr Mitsuro KawamataEngland48 years Apr 2023- Director
Mr Simon Harrison53 years Jun 2023- Director

PRINCES LIMITED financials

EXPORTms excel logo

Princes Limited's latest turnover from March 2023 is £1.7 billion and the company has net assets of £257.2 million. According to their latest financial statements, Princes Limited has 6,734 employees and maintains cash reserves of £7.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,744,803,0001,435,142,0001,558,575,0001,533,093,0001,519,221,0001,618,259,0001,506,781,0001,484,989,0001,539,613,0001,617,601,0001,616,550,0001,511,771,0001,184,061,0001,093,217,000
Other Income Or Grants00000000000000
Cost Of Sales1,477,697,0001,182,549,0001,278,349,0001,260,740,0001,259,967,0001,366,465,0001,239,696,0001,203,087,0001,267,729,0001,340,007,0001,351,230,0001,215,903,000960,819,000883,380,000
Gross Profit267,106,000252,593,000280,226,000272,353,000259,254,000251,794,000267,085,000281,902,000271,884,000277,594,000265,320,000295,868,000223,242,000209,837,000
Admin Expenses302,225,000219,844,000232,744,000239,195,000244,228,000242,222,000255,249,000224,145,000216,348,000218,419,000212,466,000255,680,000189,276,000175,812,000
Operating Profit-35,119,00032,749,00047,482,00033,158,00015,026,0009,572,00011,836,00057,757,00055,536,00059,175,00052,854,00040,188,00033,966,00034,025,000
Interest Payable16,888,0004,647,0003,795,0004,088,0003,668,0003,458,0003,732,0004,383,0004,782,0004,484,0004,818,0002,425,000574,0006,439,000
Interest Receivable1,357,000840,0001,588,0001,341,0001,318,0001,227,0001,318,0001,012,0001,267,0003,920,0003,108,0003,650,0002,906,0006,701,000
Pre-Tax Profit-50,650,00028,942,00045,275,00030,411,00012,676,0007,341,0009,422,00054,386,00052,021,00065,180,00057,088,00047,241,00042,085,00040,663,000
Tax9,751,000-11,739,000-8,528,000-7,979,000-3,375,000589,000-6,190,000-12,174,000-12,667,000-21,244,000-15,644,000-12,934,000-11,730,000-11,794,000
Profit After Tax-40,899,00017,203,00036,747,00022,432,0009,301,0007,930,0003,232,00042,212,00039,354,00043,936,00041,444,00034,307,00030,355,00028,869,000
Dividends Paid7,062,0008,909,00015,368,0004,491,0005,658,0002,331,00020,912,00025,148,00020,842,00020,591,00016,341,00014,254,00013,694,00014,489,000
Retained Profit-49,750,0008,273,00019,447,00014,702,0002,896,0005,517,000-20,393,00018,305,00021,260,00025,800,00024,012,00016,830,00013,897,00011,669,000
Employee Costs154,617,000146,968,000172,224,000167,467,000159,407,000163,350,000162,517,000150,945,000143,395,000145,849,000134,594,000105,286,00070,720,00065,510,000
Number Of Employees6,7346,9777,5837,6417,6076,9636,9006,7624,9394,7244,6294,1663,2803,201
EBITDA*15,225,00082,144,00091,273,00072,683,00046,853,00037,530,00042,238,00084,955,00080,407,00082,973,00079,143,00056,326,00045,909,00047,392,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets579,666,000673,185,000648,710,000629,776,000459,735,000429,770,000409,093,000405,350,000364,681,000288,535,000273,550,000145,533,00077,861,00078,085,000
Intangible Assets61,591,00073,192,00068,445,00069,409,00070,373,00071,337,00072,301,00073,893,00074,857,00075,821,00069,105,00071,531,00017,759,00018,971,000
Investments & Other55,844,00053,215,00045,582,00034,920,00032,082,00029,517,00029,639,00034,575,00029,578,00060,793,00044,330,00045,920,00047,101,00054,291,000
Debtors (Due After 1 year)29,703,00054,781,00042,707,00079,969,00070,710,000000000000
Total Fixed Assets611,554,000691,596,000674,448,000690,163,000530,108,000501,107,000481,394,000479,243,000439,538,000425,149,000386,985,000262,984,000142,721,000151,347,000
Stock & work in progress407,832,000322,829,000300,633,000294,603,000295,803,000298,606,000334,895,000328,244,000315,858,000302,044,000287,526,000216,660,000110,353,000106,561,000
Trade Debtors216,852,000184,029,000168,608,000195,476,000181,811,000183,177,000178,449,000155,798,000183,438,000150,852,000163,738,000133,194,00098,673,00087,185,000
Group Debtors7,380,0007,904,0006,310,0008,762,0005,037,0005,934,0004,908,0009,147,0006,129,0003,369,0006,454,00012,836,00016,274,00013,984,000
Misc Debtors30,315,00035,044,00025,509,00023,309,00032,557,00021,638,00017,989,00023,891,00021,240,00023,874,00028,276,00054,922,00017,999,00011,867,000
Cash7,741,00011,959,0006,908,0002,436,0008,546,0007,819,0005,213,00014,602,00010,801,0008,875,0001,396,00091,00032,134,00020,183,000
misc current assets1,956,0003,478,0001,052,0008,387,000909,0002,009,0002,432,00014,138,0008,562,00000000
total current assets674,259,000571,939,000511,339,000541,308,000524,867,000519,183,000543,886,000545,820,000546,028,000489,014,000487,390,000417,703,000275,433,000239,780,000
total assets1,285,813,0001,263,535,0001,185,787,0001,231,471,0001,054,975,0001,020,290,0001,025,280,0001,025,063,000985,566,000914,163,000874,375,000680,687,000418,154,000391,127,000
Bank overdraft0000253,758,000205,807,000200,422,000185,949,000189,355,000114,598,0000000
Bank loan000000000093,682,00088,661,0004,309,0003,625,000
Trade Creditors 129,314,00083,915,00090,130,00091,076,000127,812,000124,039,000141,160,000158,226,000170,942,000165,815,000179,728,000135,024,000119,466,000106,182,000
Group/Directors Accounts00000000062,346,00046,011,00044,299,00024,507,00013,798,000
other short term finances425,371,000398,716,000389,376,000360,818,0000000000000
hp & lease commitments10,820,00011,318,00011,630,00012,968,0000001,051,000869,0001,249,0001,597,000000
other current liabilities124,923,000132,098,000116,512,000127,400,000155,220,000147,068,000136,555,000110,825,000106,298,00020,537,00018,937,00021,579,0007,685,0006,258,000
total current liabilities690,428,000626,047,000607,648,000592,262,000536,790,000476,914,000478,137,000456,051,000467,464,000364,545,000339,955,000289,563,000155,967,000129,863,000
loans525,038,000443,230,000414,144,000486,725,000331,252,000389,336,000396,974,000408,476,000396,750,000174,664,000178,632,00095,000,00000
hp & lease commitments51,946,00055,953,00060,035,00072,127,0000001,191,0001,703,0003,376,0004,405,000000
Accruals and Deferred Income3,149,0003,244,0003,341,0003,441,0003,539,0003,639,0003,734,0003,835,0003,937,00070,068,00077,194,00074,378,00049,011,00047,490,000
other liabilities955,000000031,000176,00031,000750,00014,440,00000016,081,000
provisions67,352,000101,298,00063,140,00069,710,00053,708,00053,914,00056,760,00052,038,00040,470,0006,979,0008,075,0001,233,0001,233,0001,233,000
total long term liabilities300,299,000275,508,000242,024,000281,667,000196,050,000225,295,000230,777,000234,123,000223,297,000269,527,000268,306,000170,611,00050,244,00064,804,000
total liabilities990,727,000901,555,000849,672,000873,929,000732,840,000702,209,000708,914,000690,174,000690,761,000634,072,000608,261,000460,174,000206,211,000194,667,000
net assets257,249,000327,582,000301,890,000322,482,000290,862,000286,403,000284,547,000303,926,000263,799,000252,440,000229,571,000206,831,000199,413,000184,460,000
total shareholders funds257,249,000327,582,000301,890,000322,482,000290,862,000286,403,000284,547,000303,926,000263,799,000252,440,000229,571,000206,831,000199,413,000184,460,000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-35,119,00032,749,00047,482,00033,158,00015,026,0009,572,00011,836,00057,757,00055,536,00059,175,00052,854,00040,188,00033,966,00034,025,000
Depreciation48,793,00048,431,00042,827,00038,561,00030,863,00026,994,00029,438,00026,234,00023,907,00021,019,00023,203,00013,907,00010,731,00011,890,000
Amortisation1,551,000964,000964,000964,000964,000964,000964,000964,000964,0002,779,0003,086,0002,231,0001,212,0001,477,000
Tax9,751,000-11,739,000-8,528,000-7,979,000-3,375,000589,000-6,190,000-12,174,000-12,667,000-21,244,000-15,644,000-12,934,000-11,730,000-11,794,000
Stock85,003,00022,196,0006,030,000-1,200,000-2,803,000-36,289,0006,651,00012,386,00013,814,00014,518,00070,866,000106,307,0003,792,000106,561,000
Debtors2,492,00038,624,000-64,382,00017,401,00079,366,0009,403,00012,510,000-21,971,00032,712,000-20,373,000-2,484,00068,006,00019,910,000113,036,000
Creditors45,399,000-6,215,000-946,000-36,736,0003,773,000-17,121,000-17,066,000-12,716,0005,127,000-13,913,00044,704,00015,558,00013,284,000106,182,000
Accruals and Deferred Income-7,270,00015,489,000-10,988,000-27,918,0008,052,00010,418,00025,629,0004,425,00019,630,000-5,526,000174,00039,261,0002,948,00053,748,000
Deferred Taxes & Provisions-33,946,00038,158,000-6,570,00016,002,000-206,000-2,846,0004,722,00011,568,00033,491,000-1,096,0006,842,000001,233,000
Cash flow from operations-58,336,00057,017,000122,593,000-149,000-21,466,00055,456,00030,172,00085,643,00079,462,00047,049,00046,837,000-76,102,00026,709,000-22,836,000
Investing Activities
capital expenditure54,776,000-78,617,000-61,761,000-208,602,000-60,828,000-47,671,000-32,553,000-66,903,000-100,053,000-45,499,000-151,880,000-137,582,000-10,507,000-110,423,000
Change in Investments2,629,0007,633,00010,662,0002,838,0002,565,000-122,000-4,936,0004,997,000-31,215,00016,463,000-1,590,000-1,181,000-7,190,00054,291,000
cash flow from investments52,147,000-86,250,000-72,423,000-211,440,000-63,393,000-47,549,000-27,617,000-71,900,000-68,838,000-61,962,000-150,290,000-136,401,000-3,317,000-164,714,000
Financing Activities
Bank loans000000000-93,682,0005,021,00084,352,000684,0003,625,000
Group/Directors Accounts00000000-62,346,00016,335,0001,712,00019,792,00010,709,00013,798,000
Other Short Term Loans 26,655,0009,340,00028,558,000360,818,0000000000000
Long term loans81,808,00029,086,000-72,581,000155,473,000-58,084,000-7,638,000-11,502,00011,726,000222,086,000-3,968,00083,632,00095,000,00000
Hire Purchase and Lease Commitments-4,505,000-4,394,000-13,430,00085,095,00000-2,242,000-330,000-2,053,000-1,377,0006,002,000000
other long term liabilities955,000000-31,000-145,000145,000-719,000-13,690,00014,440,00000-16,081,00016,081,000
share issue-20,583,00017,419,000-40,039,00016,918,0001,563,000-3,661,0001,014,00021,822,000-9,901,000-2,931,000-1,272,000-9,412,0001,056,000172,791,000
interest-15,531,000-3,807,000-2,207,000-2,747,000-2,350,000-2,231,000-2,414,000-3,371,000-3,515,000-564,000-1,710,0001,225,0002,332,000262,000
cash flow from financing68,799,00047,644,000-99,699,000615,557,000-58,902,000-13,675,000-14,999,00029,128,000130,581,000-71,747,00093,385,000190,957,000-1,300,000206,557,000
cash and cash equivalents
cash-4,218,0005,051,0004,472,000-6,110,000727,0002,606,000-9,389,0003,801,0001,926,0007,479,0001,305,000-32,043,00011,951,00020,183,000
overdraft000-253,758,00047,951,0005,385,00014,473,000-3,406,00074,757,000114,598,0000000
change in cash-4,218,0005,051,0004,472,000247,648,000-47,224,000-2,779,000-23,862,0007,207,000-72,831,000-107,119,0001,305,000-32,043,00011,951,00020,183,000

P&L

March 2023

turnover

1.7b

+22%

operating profit

-35.1m

-207%

gross margin

15.4%

-13.02%

turnover

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

Balance Sheet

March 2023

net assets

257.2m

-0.21%

total assets

1.3b

+0.02%

cash

7.7m

-0.35%

net assets

Total assets minus all liabilities

princes limited company details

company number

02328824

Type

Private limited with Share Capital

industry

46390 - Non-specialised wholesale of food, beverages and tobacco

incorporation date

December 1988

age

36

accounts

Group

ultimate parent company

MITSUBISHI CORP

previous names

princes holding limited (October 1989)

mitopen limited (March 1989)

incorporated

UK

address

royal liver building, pier head, liverpool, L3 1NX

last accounts submitted

March 2023

princes 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 did not find charges/mortgages relating to princes limited.

charges

princes limited Companies House Filings - See Documents

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