polyplas extrusions limited
polyplas extrusions limited Company Information
Company Number
02362849
Next Accounts
Sep 2025
Shareholders
nenplas ltd
Group Structure
View All
Industry
Manufacture of plastic plates, sheets, tubes and profiles
Registered Address
airfield industrial estate, blenheim road, derbyshire, ashbourne, DE6 1HA
Website
polyplasextrusions.co.ukpolyplas extrusions limited Estimated Valuation
Pomanda estimates the enterprise value of POLYPLAS EXTRUSIONS LIMITED at £5.3m based on a Turnover of £6.3m and 0.84x industry multiple (adjusted for size and gross margin).
polyplas extrusions limited Estimated Valuation
Pomanda estimates the enterprise value of POLYPLAS EXTRUSIONS LIMITED at £10.5m based on an EBITDA of £1.8m and a 5.73x industry multiple (adjusted for size and gross margin).
polyplas extrusions limited Estimated Valuation
Pomanda estimates the enterprise value of POLYPLAS EXTRUSIONS LIMITED at £7.8m based on Net Assets of £4.6m and 1.71x industry multiple (adjusted for liquidity).
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Polyplas Extrusions Limited Overview
Polyplas Extrusions Limited is a live company located in derbyshire, DE6 1HA with a Companies House number of 02362849. It operates in the manufacture of plastic plates, sheets, tubes and profiles sector, SIC Code 22210. Founded in March 1989, it's largest shareholder is nenplas ltd with a 100% stake. Polyplas Extrusions Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.3m with healthy growth in recent years.
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Polyplas Extrusions Limited Health Check
Pomanda's financial health check has awarded Polyplas Extrusions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£17.5m)
£6.3m - Polyplas Extrusions Limited
£17.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.1%)
14% - Polyplas Extrusions Limited
8.1% - Industry AVG
Production
with a gross margin of 53.3%, this company has a lower cost of product (27.8%)
53.3% - Polyplas Extrusions Limited
27.8% - Industry AVG
Profitability
an operating margin of 25.5% make it more profitable than the average company (8.2%)
25.5% - Polyplas Extrusions Limited
8.2% - Industry AVG
Employees
with 31 employees, this is below the industry average (72)
31 - Polyplas Extrusions Limited
72 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£44.5k)
£41k - Polyplas Extrusions Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £202.4k, this is less efficient (£246.6k)
£202.4k - Polyplas Extrusions Limited
£246.6k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (50 days)
56 days - Polyplas Extrusions Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (41 days)
43 days - Polyplas Extrusions Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is in line with average (80 days)
73 days - Polyplas Extrusions Limited
80 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (13 weeks)
26 weeks - Polyplas Extrusions Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (36.3%)
21% - Polyplas Extrusions Limited
36.3% - Industry AVG
POLYPLAS EXTRUSIONS LIMITED financials
Polyplas Extrusions Limited's latest turnover from December 2023 is £6.3 million and the company has net assets of £4.6 million. According to their latest financial statements, Polyplas Extrusions Limited has 31 employees and maintains cash reserves of £405.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,275,215 | 6,218,039 | 5,715,928 | 4,209,018 | 4,388,257 | 4,327,932 | 3,366,049 | 1,660,966 | 2,757,556 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,928,855 | 3,308,695 | 2,939,543 | 2,105,217 | 1,969,275 | 1,827,333 | 1,444,906 | 812,774 | 1,326,707 | ||||||
| Gross Profit | 3,346,360 | 2,909,344 | 2,776,385 | 2,103,801 | 2,418,982 | 2,500,599 | 1,921,143 | 848,192 | 1,430,849 | ||||||
| Admin Expenses | 1,745,479 | 1,772,195 | 1,509,036 | 994,763 | 1,003,275 | 1,053,463 | 897,408 | 460,634 | 733,372 | ||||||
| Operating Profit | 1,600,881 | 1,137,149 | 1,267,349 | 1,109,038 | 1,415,707 | 1,447,136 | 1,023,735 | 387,558 | 697,477 | ||||||
| Interest Payable | 92 | 139 | 538 | 890 | |||||||||||
| Interest Receivable | 61,901 | 14,088 | 20,737 | 27,108 | 43,221 | 40,380 | 32,927 | ||||||||
| Pre-Tax Profit | 1,662,782 | 1,151,145 | 1,288,086 | 1,136,146 | 1,458,789 | 1,486,978 | 1,056,662 | 387,558 | 696,587 | ||||||
| Tax | -395,533 | -211,240 | -303,289 | -234,002 | -275,258 | -273,379 | -167,495 | -91,430 | -52,146 | ||||||
| Profit After Tax | 1,267,249 | 939,905 | 984,797 | 902,144 | 1,183,531 | 1,213,599 | 889,167 | 296,128 | 644,441 | ||||||
| Dividends Paid | 939,874 | 984,792 | 902,134 | 1,183,482 | 1,213,526 | 889,036 | |||||||||
| Retained Profit | 327,375 | -44,887 | 82,663 | -281,338 | -29,995 | 324,563 | 889,167 | 296,128 | 644,441 | ||||||
| Employee Costs | 1,270,640 | 1,286,064 | 1,149,606 | 970,414 | 944,008 | 948,757 | 844,545 | 472,121 | 722,589 | ||||||
| Number Of Employees | 31 | 31 | 29 | 23 | 25 | 27 | 30 | 28 | 28 | ||||||
| EBITDA* | 1,825,241 | 1,342,833 | 1,451,523 | 1,273,760 | 1,560,848 | 1,559,430 | 1,167,837 | 456,202 | 794,069 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,764,436 | 1,465,372 | 1,229,257 | 1,186,599 | 1,109,833 | 937,771 | 623,378 | 476,963 | 459,286 | 435,847 | 358,391 | 200,936 | 203,865 | 258,263 | 307,287 |
| Intangible Assets | 41,421 | 25,760 | 20,200 | 26,585 | 32,747 | 1,139 | 6,431 | 11,996 | 15,243 | 20,809 | 14,786 | ||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,805,857 | 1,491,132 | 1,249,457 | 1,213,184 | 1,142,580 | 938,910 | 629,809 | 488,959 | 474,529 | 456,656 | 373,177 | 200,936 | 203,865 | 258,263 | 307,287 |
| Stock & work in progress | 591,324 | 731,063 | 785,789 | 462,149 | 452,421 | 435,187 | 254,762 | 226,013 | 217,856 | 234,140 | 216,238 | 250,585 | 219,164 | 210,749 | 132,568 |
| Trade Debtors | 971,475 | 871,306 | 956,920 | 653,348 | 607,034 | 623,930 | 662,481 | 447,010 | 366,135 | 2,184,270 | 1,486,827 | 455,832 | 384,886 | 359,437 | 326,273 |
| Group Debtors | 1,896,238 | 999,496 | 1,712,026 | 2,163,721 | 2,276,004 | 2,605,110 | 2,854,429 | 2,423,436 | 2,216,046 | ||||||
| Misc Debtors | 108,203 | 213,646 | 134,997 | 116,740 | 114,074 | 52,525 | 154,116 | 61,317 | 54,737 | ||||||
| Cash | 405,888 | 906,176 | 511,956 | 390,062 | 665,815 | 621,645 | 254,273 | 164,215 | 118,912 | 21,942 | 257,382 | 570,781 | 434,078 | 239,787 | 208,722 |
| misc current assets | |||||||||||||||
| total current assets | 3,973,128 | 3,721,687 | 4,101,688 | 3,786,020 | 4,115,348 | 4,338,397 | 4,180,061 | 3,321,991 | 2,973,686 | 2,440,352 | 1,960,447 | 1,277,198 | 1,038,128 | 809,973 | 667,563 |
| total assets | 5,778,985 | 5,212,819 | 5,351,145 | 4,999,204 | 5,257,928 | 5,277,307 | 4,809,870 | 3,810,950 | 3,448,215 | 2,897,008 | 2,333,624 | 1,478,134 | 1,241,993 | 1,068,236 | 974,850 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 348,328 | 409,040 | 541,173 | 435,257 | 455,639 | 422,983 | 349,349 | 239,197 | 232,608 | 495,961 | 553,772 | 421,854 | 462,786 | 587,071 | 248,614 |
| Group/Directors Accounts | 21 | 122,334 | 128,327 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 447,441 | 232,938 | 262,620 | 177,268 | 171,826 | 237,776 | 204,348 | 225,983 | 177,853 | ||||||
| total current liabilities | 795,769 | 641,978 | 803,793 | 612,546 | 627,465 | 660,759 | 553,697 | 465,180 | 410,461 | 495,961 | 553,772 | 544,188 | 591,113 | 587,071 | 248,614 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 5,311 | 21,674 | |||||||||||||
| provisions | 417,000 | 332,000 | 263,624 | 185,593 | 148,060 | 104,150 | 68,338 | 47,102 | 35,214 | 42,948 | 55,510 | 16,434 | 13,631 | 17,896 | 25,645 |
| total long term liabilities | 417,000 | 332,000 | 263,624 | 185,593 | 148,060 | 104,150 | 68,338 | 47,102 | 35,214 | 42,948 | 55,510 | 16,434 | 13,631 | 23,207 | 47,319 |
| total liabilities | 1,212,769 | 973,978 | 1,067,417 | 798,139 | 775,525 | 764,909 | 622,035 | 512,282 | 445,675 | 538,909 | 609,282 | 560,622 | 604,744 | 610,278 | 295,933 |
| net assets | 4,566,216 | 4,238,841 | 4,283,728 | 4,201,065 | 4,482,403 | 4,512,398 | 4,187,835 | 3,298,668 | 3,002,540 | 2,358,099 | 1,724,342 | 917,512 | 637,249 | 457,958 | 678,917 |
| total shareholders funds | 4,566,216 | 4,238,841 | 4,283,728 | 4,201,065 | 4,482,403 | 4,512,398 | 4,187,835 | 3,298,668 | 3,002,540 | 2,358,099 | 1,724,342 | 917,512 | 637,249 | 457,958 | 678,917 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,600,881 | 1,137,149 | 1,267,349 | 1,109,038 | 1,415,707 | 1,447,136 | 1,023,735 | 387,558 | 697,477 | ||||||
| Depreciation | 213,532 | 183,963 | 156,318 | 130,431 | 144,002 | 107,002 | 138,537 | 65,397 | 91,026 | 67,058 | 42,345 | 52,824 | 66,806 | 86,091 | 104,560 |
| Amortisation | 10,828 | 21,721 | 27,856 | 34,291 | 1,139 | 5,292 | 5,565 | 3,247 | 5,566 | 5,375 | |||||
| Tax | -395,533 | -211,240 | -303,289 | -234,002 | -275,258 | -273,379 | -167,495 | -91,430 | -52,146 | ||||||
| Stock | -139,739 | -54,726 | 323,640 | 9,728 | 17,234 | 180,425 | 28,749 | -8,127 | -16,284 | 17,902 | 216,238 | 31,421 | 8,415 | 78,181 | 132,568 |
| Debtors | 891,468 | -719,495 | -129,866 | -63,303 | -284,453 | -389,461 | 739,263 | 747,493 | 452,648 | 697,443 | 1,486,827 | 70,946 | 25,449 | 33,164 | 326,273 |
| Creditors | -60,712 | -132,133 | 105,916 | -20,382 | 32,656 | 73,634 | 110,152 | -256,764 | -263,353 | -57,811 | 553,772 | -40,932 | -124,285 | 338,457 | 248,614 |
| Accruals and Deferred Income | 214,503 | -29,682 | 85,352 | 5,442 | -65,950 | 33,428 | -21,635 | 225,983 | 177,853 | ||||||
| Deferred Taxes & Provisions | 85,000 | 68,376 | 78,031 | 37,533 | 43,910 | 35,812 | 21,236 | 4,154 | -7,734 | -12,562 | 55,510 | 2,803 | -4,265 | -7,749 | 25,645 |
| Cash flow from operations | 916,770 | 1,812,375 | 1,223,759 | 1,115,926 | 1,563,425 | 1,637,961 | 342,083 | -401,221 | 212,325 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -21 | 21 | -5,993 | 128,327 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -5,311 | -16,363 | 21,674 | ||||||||||||
| share issue | |||||||||||||||
| interest | 61,901 | 13,996 | 20,737 | 27,108 | 43,082 | 39,842 | 32,927 | -890 | |||||||
| cash flow from financing | 61,901 | 13,996 | 20,716 | 27,129 | 43,082 | 39,842 | 32,927 | 644,441 | -890 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -500,288 | 394,220 | 121,894 | -275,753 | 44,170 | 367,372 | 90,058 | 142,273 | 96,970 | -235,440 | 257,382 | 136,703 | 194,291 | 31,065 | 208,722 |
| overdraft | |||||||||||||||
| change in cash | -500,288 | 394,220 | 121,894 | -275,753 | 44,170 | 367,372 | 90,058 | 142,273 | 96,970 | -235,440 | 257,382 | 136,703 | 194,291 | 31,065 | 208,722 |
polyplas extrusions limited Credit Report and Business Information
Polyplas Extrusions Limited Competitor Analysis
Perform a competitor analysis for polyplas extrusions limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in DE6 area or any other competitors across 12 key performance metrics.
polyplas extrusions limited Ownership
POLYPLAS EXTRUSIONS LIMITED group structure
Polyplas Extrusions Limited has no subsidiary companies.
Ultimate parent company
SURTECO GROUP SE
#0116300
2 parents
POLYPLAS EXTRUSIONS LIMITED
02362849
polyplas extrusions limited directors
Polyplas Extrusions Limited currently has 2 directors. The longest serving directors include Mr Gary Horrobin (Jun 2013) and Mr Darren Crossley (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Horrobin | United Kingdom | 56 years | Jun 2013 | - | Director |
| Mr Darren Crossley | 51 years | Apr 2023 | - | Director |
P&L
December 2023turnover
6.3m
+1%
operating profit
1.6m
+41%
gross margin
53.4%
+13.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.6m
+0.08%
total assets
5.8m
+0.11%
cash
405.9k
-0.55%
net assets
Total assets minus all liabilities
polyplas extrusions limited company details
company number
02362849
Type
Private limited with Share Capital
industry
22210 - Manufacture of plastic plates, sheets, tubes and profiles
incorporation date
March 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
dartsort limited (May 1989)
accountant
-
auditor
DAINIS AUDIT LIMITED
address
airfield industrial estate, blenheim road, derbyshire, ashbourne, DE6 1HA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
polyplas extrusions 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 3 charges/mortgages relating to polyplas extrusions limited. Currently there are 1 open charges and 2 have been satisfied in the past.
polyplas extrusions limited 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.
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polyplas extrusions limited Companies House Filings - See Documents
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