crane merchandising systems limited
crane merchandising systems limited Company Information
Company Number
02360425
Website
www.cranems.co.ukRegistered Address
pipsmore park, bumpers farm industrial estate, chippenham, wiltshire, SN14 6NQ
Industry
Manufacture of other special-purpose machinery n.e.c.
Telephone
01249444807
Next Accounts Due
35 days late
Group Structure
View All
Shareholders
ca-mc acquisitions uk limited 100%
crane merchandising systems limited Estimated Valuation
Pomanda estimates the enterprise value of CRANE MERCHANDISING SYSTEMS LIMITED at £14.6m based on a Turnover of £18.9m and 0.77x industry multiple (adjusted for size and gross margin).
crane merchandising systems limited Estimated Valuation
Pomanda estimates the enterprise value of CRANE MERCHANDISING SYSTEMS LIMITED at £11.2m based on an EBITDA of £1.8m and a 6.16x industry multiple (adjusted for size and gross margin).
crane merchandising systems limited Estimated Valuation
Pomanda estimates the enterprise value of CRANE MERCHANDISING SYSTEMS LIMITED at £27m based on Net Assets of £13.2m and 2.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Crane Merchandising Systems Limited Overview
Crane Merchandising Systems Limited is a live company located in chippenham, SN14 6NQ with a Companies House number of 02360425. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in March 1989, it's largest shareholder is ca-mc acquisitions uk limited with a 100% stake. Crane Merchandising Systems Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Crane Merchandising Systems Limited Health Check
Pomanda's financial health check has awarded Crane Merchandising Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £18.9m, make it larger than the average company (£10.6m)
£18.9m - Crane Merchandising Systems Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (-0.1%)
-16% - Crane Merchandising Systems Limited
-0.1% - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (31%)
28.6% - Crane Merchandising Systems Limited
31% - Industry AVG
Profitability
an operating margin of 8.3% make it more profitable than the average company (5.4%)
8.3% - Crane Merchandising Systems Limited
5.4% - Industry AVG
Employees
with 69 employees, this is similar to the industry average (62)
69 - Crane Merchandising Systems Limited
62 - Industry AVG
Pay Structure
on an average salary of £55k, the company has an equivalent pay structure (£49k)
£55k - Crane Merchandising Systems Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £274.1k, this is more efficient (£175.6k)
£274.1k - Crane Merchandising Systems Limited
£175.6k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (61 days)
105 days - Crane Merchandising Systems Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (44 days)
43 days - Crane Merchandising Systems Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is less than average (83 days)
62 days - Crane Merchandising Systems Limited
83 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Crane Merchandising Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.6%, this is a lower level of debt than the average (49%)
26.6% - Crane Merchandising Systems Limited
49% - Industry AVG
CRANE MERCHANDISING SYSTEMS LIMITED financials
Crane Merchandising Systems Limited's latest turnover from December 2022 is £18.9 million and the company has net assets of £13.2 million. According to their latest financial statements, Crane Merchandising Systems Limited has 69 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,914,791 | 17,915,210 | 19,262,171 | 31,767,073 | 28,692,911 | 30,901,415 | 29,217,621 | 23,095,712 | 24,159,091 | 21,548,734 | 24,799,247 | 20,861,978 | 21,247,044 | 17,283,978 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,513,402 | 12,861,912 | 14,561,335 | 24,388,742 | 21,037,321 | 23,936,153 | 21,037,515 | 16,702,194 | 17,371,791 | 16,211,436 | 18,886,230 | 15,875,933 | 17,253,360 | 13,268,844 |
| Gross Profit | 5,401,389 | 5,053,298 | 4,700,836 | 7,378,331 | 7,655,590 | 6,965,262 | 8,180,106 | 6,393,518 | 6,787,300 | 5,337,298 | 5,913,017 | 4,986,045 | 3,993,684 | 4,015,134 |
| Admin Expenses | 3,829,499 | 4,516,966 | 4,575,446 | 5,614,958 | 5,957,942 | 5,225,804 | 4,834,454 | 4,457,559 | 4,867,993 | 4,527,450 | 5,329,653 | 4,741,600 | 4,352,112 | 4,723,877 |
| Operating Profit | 1,571,890 | 536,332 | 125,390 | 1,763,373 | 1,697,648 | 1,739,458 | 3,345,652 | 1,935,959 | 1,919,307 | 809,848 | 583,364 | 244,445 | -358,428 | -708,743 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 328 | 2 | 494 | 0 | 841 | 0 |
| Interest Receivable | 17,456 | 6,528 | 25,997 | 38,155 | 19,621 | 6,148 | 6,503 | 9,332 | 29,129 | 58,081 | 130,347 | 83,324 | 54,066 | 29,131 |
| Pre-Tax Profit | 1,589,346 | 564,034 | 351,517 | 1,801,528 | 1,717,269 | 1,745,606 | 3,352,155 | 1,935,291 | 1,948,108 | 867,927 | 713,217 | 327,769 | -305,203 | -679,612 |
| Tax | -286,373 | -167,505 | -60,978 | -376,448 | -343,775 | -356,576 | -740,737 | -376,620 | -427,317 | -238,732 | -235,501 | 252,785 | 125,107 | 148,569 |
| Profit After Tax | 1,302,973 | 396,529 | 290,539 | 1,425,080 | 1,373,494 | 1,389,030 | 2,611,418 | 1,558,671 | 1,520,791 | 629,195 | 477,716 | 580,554 | -180,096 | -531,043 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,900,000 |
| Retained Profit | 1,302,973 | 396,529 | 290,539 | 1,425,080 | 1,373,494 | 1,389,030 | 2,611,418 | 1,558,671 | 1,520,791 | 629,195 | 477,716 | 580,554 | -180,096 | -15,431,043 |
| Employee Costs | 3,796,320 | 3,968,963 | 4,266,632 | 4,721,356 | 4,783,782 | 4,259,762 | 4,038,841 | 3,692,910 | 3,881,540 | 3,839,345 | 4,213,708 | 4,112,743 | 4,219,293 | 4,115,584 |
| Number Of Employees | 69 | 73 | 85 | 109 | 112 | 109 | 108 | 96 | 94 | 95 | 107 | 118 | 127 | 124 |
| EBITDA* | 1,814,410 | 785,872 | 342,517 | 1,960,099 | 1,891,013 | 1,913,162 | 3,567,783 | 2,187,931 | 2,170,879 | 1,041,444 | 857,463 | 428,003 | -123,476 | -396,888 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,153,703 | 1,381,229 | 1,622,263 | 1,811,215 | 1,648,418 | 1,569,900 | 1,551,417 | 1,733,461 | 1,854,083 | 1,919,620 | 2,060,907 | 2,255,193 | 2,252,454 | 2,289,110 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,179 | 82,819 | 135,459 | 188,099 | 240,739 | 293,379 | 346,019 |
| Investments & Other | 3,296,914 | 1,287,287 | 702,287 | 1,540,287 | 1,544,287 | 874,287 | 328,287 | 1,310,287 | 328,287 | 328,287 | 530,797 | 727,287 | 328,287 | 531,327 |
| Debtors (Due After 1 year) | 44,159 | 33,504 | 36,255 | 23,023 | 74,447 | 53,995 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,494,776 | 2,702,020 | 2,360,805 | 3,374,525 | 3,267,152 | 2,498,182 | 1,879,704 | 3,073,927 | 2,265,189 | 2,383,366 | 2,779,803 | 3,223,219 | 2,874,120 | 3,166,456 |
| Stock & work in progress | 2,326,642 | 1,514,884 | 3,054,318 | 3,702,804 | 3,198,438 | 3,072,744 | 2,646,287 | 2,123,531 | 2,703,982 | 2,131,479 | 3,206,194 | 2,808,468 | 2,931,883 | 1,949,406 |
| Trade Debtors | 5,459,856 | 4,255,843 | 4,300,392 | 6,591,186 | 7,782,481 | 10,804,220 | 8,358,976 | 3,690,439 | 2,982,359 | 4,636,767 | 5,801,044 | 4,039,458 | 3,092,587 | 2,068,352 |
| Group Debtors | 5,609,032 | 5,352,258 | 1,647,839 | 18,632 | 95,672 | 264,270 | 193,663 | 265,514 | 236,418 | 370,207 | 447,225 | 310,736 | 378,298 | 311,645 |
| Misc Debtors | 94,801 | 323,925 | 47,879 | 64,635 | 44,790 | 150,297 | 75,698 | 87,132 | 146,970 | 103,978 | 415,653 | 526,186 | 686,604 | 769,599 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,420 | 125,042 | 17,394 | 1,435,242 | 59,472 | 374,422 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,490,331 | 11,446,910 | 9,050,428 | 10,377,257 | 11,121,381 | 14,291,531 | 11,274,624 | 6,166,616 | 6,079,149 | 7,367,473 | 9,887,510 | 9,120,090 | 7,148,844 | 5,473,424 |
| total assets | 17,985,107 | 14,148,930 | 11,411,233 | 13,751,782 | 14,388,533 | 16,789,713 | 13,154,328 | 9,240,543 | 8,344,338 | 9,750,839 | 12,667,313 | 12,343,309 | 10,022,964 | 8,639,880 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 420 | 420 | 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 | 1,610,586 | 1,574,688 | 788,042 | 1,398,027 | 1,862,560 | 2,002,455 | 1,922,839 | 1,854,663 | 1,845,366 | 1,694,195 | 1,869,975 | 1,317,656 | 2,304,808 | 1,548,116 |
| Group/Directors Accounts | 745,751 | 380,459 | 621,585 | 1,297,642 | 2,529,894 | 6,152,808 | 4,192,537 | 764,702 | 1,112,135 | 927,589 | 1,242,951 | 1,176,482 | 951,064 | 974,931 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,536,860 | 1,302,600 | 817,621 | 1,271,131 | 1,495,776 | 1,796,901 | 1,802,000 | 1,595,056 | 2,218,908 | 1,760,864 | 1,548,502 | 930,062 | 959,010 | 1,050,767 |
| total current liabilities | 3,893,197 | 3,257,747 | 2,227,248 | 3,966,800 | 5,888,230 | 9,952,584 | 7,917,796 | 4,214,421 | 5,176,409 | 4,382,648 | 4,661,428 | 3,424,200 | 4,214,882 | 3,573,814 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,017,293 | 1,412,456 | 4,889,512 | 8,009,222 | 9,155,997 | 5,576,461 | 4,367,438 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 895,668 | 536,164 | 322,235 | 558,481 | 613,392 | 500,162 | 367,595 | 605,910 | 345,125 | 225,122 | 143,586 | 98,586 | 200,825 | 245,096 |
| total long term liabilities | 895,668 | 536,164 | 322,235 | 558,481 | 613,392 | 500,162 | 368,595 | 1,623,203 | 1,993,581 | 5,114,634 | 8,152,808 | 9,254,583 | 5,779,446 | 4,612,534 |
| total liabilities | 4,788,865 | 3,793,911 | 2,549,483 | 4,525,281 | 6,501,622 | 10,452,746 | 8,286,391 | 5,837,624 | 7,169,990 | 9,497,282 | 12,814,236 | 12,678,783 | 9,994,328 | 8,186,348 |
| net assets | 13,196,242 | 10,355,019 | 8,861,750 | 9,226,501 | 7,886,911 | 6,336,967 | 4,867,937 | 3,402,919 | 1,174,348 | 253,557 | -146,923 | -335,474 | 28,636 | 453,532 |
| total shareholders funds | 13,196,242 | 10,355,019 | 8,861,750 | 9,226,501 | 7,886,911 | 6,336,967 | 4,867,937 | 3,402,919 | 1,174,348 | 253,557 | -146,923 | -335,474 | 28,636 | 453,532 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,571,890 | 536,332 | 125,390 | 1,763,373 | 1,697,648 | 1,739,458 | 3,345,652 | 1,935,959 | 1,919,307 | 809,848 | 583,364 | 244,445 | -358,428 | -708,743 |
| Depreciation | 242,520 | 249,540 | 217,127 | 196,726 | 193,365 | 173,704 | 191,952 | 199,332 | 198,932 | 178,956 | 221,459 | 130,918 | 182,312 | 259,215 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 30,179 | 52,640 | 52,640 | 52,640 | 52,640 | 52,640 | 52,640 | 52,640 |
| Tax | -286,373 | -167,505 | -60,978 | -376,448 | -343,775 | -356,576 | -740,737 | -376,620 | -427,317 | -238,732 | -235,501 | 252,785 | 125,107 | 148,569 |
| Stock | 811,758 | -1,539,434 | -648,486 | 504,366 | 125,694 | 426,457 | 522,756 | -580,451 | 572,503 | -1,074,715 | 397,726 | -123,415 | 982,477 | 1,949,406 |
| Debtors | 1,242,318 | 3,933,165 | -665,111 | -1,299,914 | -3,275,392 | 2,644,445 | 4,585,252 | 677,338 | -1,745,205 | -1,552,970 | 1,787,542 | 718,891 | 1,007,893 | 3,149,596 |
| Creditors | 35,898 | 786,646 | -609,985 | -464,533 | -139,895 | 79,616 | 68,176 | 9,297 | 151,171 | -175,780 | 552,319 | -987,152 | 756,692 | 1,548,116 |
| Accruals and Deferred Income | 234,260 | 484,979 | -453,510 | -224,645 | -301,125 | -5,099 | 206,944 | -623,852 | 458,044 | 212,362 | 618,440 | -28,948 | -91,757 | 1,050,767 |
| Deferred Taxes & Provisions | 359,504 | 213,929 | -236,246 | -54,911 | 113,230 | 132,567 | -238,315 | 260,785 | 120,003 | 81,536 | 45,000 | -102,239 | -44,271 | 245,096 |
| Cash flow from operations | 103,623 | -289,810 | 295,395 | 1,635,110 | 4,369,146 | -1,307,232 | -2,244,157 | 1,360,654 | 3,645,482 | 3,548,515 | -347,547 | -1,033,027 | -1,368,075 | -2,503,342 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 2,009,627 | 585,000 | -838,000 | -4,000 | 670,000 | 546,000 | -982,000 | 982,000 | 0 | -202,510 | -196,490 | 399,000 | -203,040 | 531,327 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 365,292 | -241,126 | -676,057 | -1,232,252 | -3,622,914 | 1,960,271 | 3,427,835 | -347,433 | 184,546 | -315,362 | 66,469 | 225,418 | -23,867 | 974,931 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -1,017,293 | -395,163 | -3,477,056 | -3,119,710 | -1,146,775 | 3,579,536 | 1,209,023 | 4,367,438 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 17,456 | 6,528 | 25,997 | 38,155 | 19,621 | 6,148 | 6,503 | -668 | 28,801 | 58,079 | 129,853 | 83,324 | 53,225 | 29,131 |
| cash flow from financing | 1,920,998 | 862,142 | -1,305,350 | -1,279,587 | -3,426,843 | 2,045,419 | 1,271,645 | -73,364 | -3,863,709 | -3,605,708 | -1,239,618 | 2,943,614 | 993,581 | 21,256,075 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,420 | -115,622 | 107,648 | -1,417,848 | 1,375,770 | -314,950 | 374,422 |
| overdraft | 0 | 0 | 0 | 0 | -420 | 0 | 420 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 420 | 0 | -420 | -9,420 | -115,622 | 107,648 | -1,417,848 | 1,375,770 | -314,950 | 374,422 |
crane merchandising systems limited Credit Report and Business Information
Crane Merchandising Systems Limited Competitor Analysis
Perform a competitor analysis for crane merchandising systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in SN14 area or any other competitors across 12 key performance metrics.
crane merchandising systems limited Ownership
CRANE MERCHANDISING SYSTEMS LIMITED group structure
Crane Merchandising Systems Limited has 2 subsidiary companies.
Ultimate parent company
CRANE CO
#0032580
2 parents
CRANE MERCHANDISING SYSTEMS LIMITED
02360425
2 subsidiaries
crane merchandising systems limited directors
Crane Merchandising Systems Limited currently has 5 directors. The longest serving directors include Mr Paul Carver (Jan 2002) and Mr Kurt Gallo (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Carver | United Kingdom | 56 years | Jan 2002 | - | Director |
| Mr Kurt Gallo | United States | 59 years | Sep 2019 | - | Director |
| Mr Kurt Gallo | United States | 59 years | Sep 2019 | - | Director |
| Mr Kurt Gallo | United States | 59 years | Sep 2019 | - | Director |
| Ms Christina Cristiano | United Kingdom | 52 years | Apr 2023 | - | Director |
P&L
December 2022turnover
18.9m
+6%
operating profit
1.6m
+193%
gross margin
28.6%
+1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13.2m
+0.27%
total assets
18m
+0.27%
cash
0
0%
net assets
Total assets minus all liabilities
crane merchandising systems limited company details
company number
02360425
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
March 1989
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
stentorfield limited (June 2001)
accountant
-
auditor
DELOITTE LLP
address
pipsmore park, bumpers farm industrial estate, chippenham, wiltshire, SN14 6NQ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
crane merchandising systems 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 2 charges/mortgages relating to crane merchandising systems limited. Currently there are 2 open charges and 0 have been satisfied in the past.
crane merchandising systems limited Companies House Filings - See Documents
| date | description | view/download |
|---|
