zf lemforder uk limited

zf lemforder uk limited Company Information

Share ZF LEMFORDER UK LIMITED
Live 
MatureLargeDeclining

Company Number

02370396

Industry

Machining

 

Shareholders

midwest lemforder ltd

zf friedrichshafen ag

Group Structure

View All

Contact

Registered Address

heath road darlaston, wednesbury, west midlands, WS10 8XL

Website

www.zf.com

zf lemforder uk limited Estimated Valuation

£60.8m

Pomanda estimates the enterprise value of ZF LEMFORDER UK LIMITED at £60.8m based on a Turnover of £86.7m and 0.7x industry multiple (adjusted for size and gross margin).

zf lemforder uk limited Estimated Valuation

£52.4m

Pomanda estimates the enterprise value of ZF LEMFORDER UK LIMITED at £52.4m based on an EBITDA of £9.3m and a 5.65x industry multiple (adjusted for size and gross margin).

zf lemforder uk limited Estimated Valuation

£77.1m

Pomanda estimates the enterprise value of ZF LEMFORDER UK LIMITED at £77.1m based on Net Assets of £42.8m and 1.8x industry multiple (adjusted for liquidity).

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Zf Lemforder Uk Limited Overview

Zf Lemforder Uk Limited is a live company located in west midlands, WS10 8XL with a Companies House number of 02370396. It operates in the machining sector, SIC Code 25620. Founded in April 1989, it's largest shareholder is midwest lemforder ltd with a 100% stake. Zf Lemforder Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £86.7m with declining growth in recent years.

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Zf Lemforder Uk Limited Health Check

Pomanda's financial health check has awarded Zf Lemforder Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £86.7m, make it larger than the average company (£10.8m)

£86.7m - Zf Lemforder Uk Limited

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (4.7%)

-14% - Zf Lemforder Uk Limited

4.7% - Industry AVG

production

Production

with a gross margin of 15.9%, this company has a higher cost of product (28.1%)

15.9% - Zf Lemforder Uk Limited

28.1% - Industry AVG

profitability

Profitability

an operating margin of 7.4% make it as profitable than the average company (6.2%)

7.4% - Zf Lemforder Uk Limited

6.2% - Industry AVG

employees

Employees

with 149 employees, this is above the industry average (81)

149 - Zf Lemforder Uk Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.4k, the company has a higher pay structure (£45.7k)

£60.4k - Zf Lemforder Uk Limited

£45.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £581.8k, this is more efficient (£148.3k)

£581.8k - Zf Lemforder Uk Limited

£148.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 190 days, this is later than average (64 days)

190 days - Zf Lemforder Uk Limited

64 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 150 days, this is slower than average (46 days)

150 days - Zf Lemforder Uk Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 23 days, this is less than average (70 days)

23 days - Zf Lemforder Uk Limited

70 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Zf Lemforder Uk Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.1%, this is a higher level of debt than the average (46.5%)

52.1% - Zf Lemforder Uk Limited

46.5% - Industry AVG

ZF LEMFORDER UK LIMITED financials

EXPORTms excel logo

Zf Lemforder Uk Limited's latest turnover from December 2023 is £86.7 million and the company has net assets of £42.8 million. According to their latest financial statements, Zf Lemforder Uk Limited has 149 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover86,691,00056,620,000142,559,000138,420,000190,101,000232,847,000243,698,000232,114,000241,424,000246,609,000223,986,000161,224,000148,273,000124,926,00081,769,000
Other Income Or Grants000000000000000
Cost Of Sales72,902,00059,312,000131,770,000129,721,000175,556,000215,461,000227,239,000213,204,000223,141,000227,887,000157,658,517114,124,640104,137,24185,965,5960
Gross Profit13,789,000-2,692,00010,789,0008,699,00014,545,00017,386,00016,459,00018,910,00018,283,00018,722,00066,327,48347,099,36044,135,75938,960,4040
Admin Expenses7,361,0005,045,0007,773,0008,793,00010,112,00010,747,0009,631,00011,858,00011,689,00011,898,00060,784,48344,654,36041,696,75937,681,4042,202,000
Operating Profit6,428,000-7,737,0003,016,000-94,0004,433,0006,639,0006,828,0007,052,0006,594,0006,824,0005,543,0002,445,0002,439,0001,279,000-2,202,000
Interest Payable144,000124,000165,00059,00079,0001,470,0001,676,00019,0001,889,0002,021,000187,000179,000209,0002,212,0001,888,000
Interest Receivable812,000696,000327,000461,000665,0001,475,0001,417,00001,678,0002,060,000002,155,0002,047,0001,547,000
Pre-Tax Profit7,994,000-7,697,0003,178,000308,0005,019,0006,659,0006,991,0007,667,0006,411,0007,554,0006,154,0002,056,0002,379,0001,114,000-2,543,000
Tax-1,769,000-41,000-1,548,000-348,000-961,00056,000-100,0001,401,000-1,101,000-1,437,000-1,555,000-1,065,000-711,0002,603,0001,563,000
Profit After Tax6,225,000-7,738,0001,630,000-40,0004,058,0006,715,0006,891,0009,068,0005,310,0006,117,0004,599,000991,0001,668,0003,717,000-980,000
Dividends Paid0618,000002,300,0002,300,0002,000,0001,000,00002,700,000900,0000000
Retained Profit6,225,000-8,356,0001,630,000-40,0001,758,0004,415,0004,891,0008,068,0005,310,0003,417,0003,699,000991,0001,668,0003,717,000-980,000
Employee Costs9,005,0007,862,00011,666,0009,961,00011,936,00013,829,00013,864,00015,482,00016,203,00017,427,00016,871,00013,785,00011,819,00010,833,00010,760,000
Number Of Employees149164242263270295306327348341337330318276359
EBITDA*9,282,000-4,521,0006,913,0003,409,0006,926,0009,933,00011,427,00011,535,00013,905,00011,595,0009,416,0003,768,0003,122,0002,310,000-1,147,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets6,788,00010,455,00013,983,00015,162,00015,501,0009,551,00010,441,00015,222,00016,557,00020,339,00014,145,00013,289,0009,567,0003,781,0003,292,000
Intangible Assets364,0002,184,0000000000000000
Investments & Other3,340,0005,224,00026,577,00023,292,00022,574,00021,806,00000002,212,0003,011,0001,198,000859,0000
Debtors (Due After 1 year)000000000001,582,0003,245,0004,154,0000
Total Fixed Assets10,492,00017,863,00040,560,00038,454,00038,075,00031,357,00010,441,00015,222,00016,557,00020,339,00016,357,00017,882,00014,010,0008,794,0003,292,000
Stock & work in progress4,716,0008,799,0009,092,00011,053,00010,721,0009,532,0009,998,0009,472,00010,692,00011,166,00010,164,0009,703,0006,433,0004,933,0004,933,000
Trade Debtors45,311,00037,442,00033,626,00032,317,00030,659,00042,291,00040,275,00038,771,00045,763,00046,080,00041,667,00034,003,00030,627,00024,720,00020,065,000
Group Debtors21,404,00016,092,00013,705,00025,913,00022,289,00023,483,00028,196,00017,013,00015,572,00011,475,00013,871,0001,456,0001,357,0002,993,000724,000
Misc Debtors278,000465,00024,000353,000830,0001,094,000349,0001,483,00076,000309,0001,225,0001,162,000423,000264,0001,616,000
Cash0000090,000078,00088,000145,00078,000120,00092,000219,000893,000
misc current assets7,221,00000000946,0002,564,0001,029,000560,00000000
total current assets78,930,00062,798,00056,447,00069,636,00064,499,00076,490,00079,764,00069,381,00073,220,00069,735,00067,005,00046,444,00038,932,00033,129,00028,231,000
total assets89,422,00080,661,00097,007,000108,090,000102,574,000107,847,00090,205,00084,603,00089,777,00090,074,00083,362,00064,326,00052,942,00041,923,00031,523,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 30,011,00027,357,00018,436,00028,145,00028,778,00033,579,00036,046,00031,235,00033,073,00042,178,00038,871,00028,561,00022,639,00017,768,00014,597,000
Group/Directors Accounts2,914,000829,0001,116,0003,730,0003,168,0007,131,0008,510,0007,259,00014,360,0009,204,00016,548,00017,087,00014,947,00011,961,0009,129,000
other short term finances000000000000000
hp & lease commitments88,000424,000272,000285,000208,0000000000000
other current liabilities10,095,0009,287,0005,701,00010,244,0005,595,0006,628,00010,916,00012,782,00016,676,00018,031,00011,577,0004,835,0004,233,0003,089,0002,296,000
total current liabilities43,108,00037,897,00025,525,00042,404,00037,749,00047,338,00055,472,00051,276,00064,109,00069,413,00066,996,00050,483,00041,819,00032,818,00026,022,000
loans000000000000000
hp & lease commitments290,0001,923,0001,594,0001,866,0002,057,0000000000000
Accruals and Deferred Income000000000000000
other liabilities1,618,00000000000000000
provisions1,560,0001,888,0006,889,0004,331,0003,571,0003,257,000495,000495,000495,000498,000250,000446,000593,000400,000500,000
total long term liabilities3,468,0003,811,0008,483,0006,197,0005,628,0003,257,000817,00011,697,0003,520,0004,959,000250,000446,000593,000400,0001,944,000
total liabilities46,576,00041,708,00034,008,00048,601,00043,377,00050,595,00056,289,00062,973,00067,629,00074,372,00067,246,00050,929,00042,412,00033,218,00027,966,000
net assets42,846,00038,953,00062,999,00059,489,00059,197,00057,252,00033,916,00021,630,00022,148,00015,702,00016,116,00013,397,00010,530,0008,705,0003,557,000
total shareholders funds42,846,00038,953,00062,999,00059,489,00059,197,00057,252,00033,916,00021,630,00022,148,00015,702,00016,116,00013,397,00010,530,0008,705,0003,557,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit6,428,000-7,737,0003,016,000-94,0004,433,0006,639,0006,828,0007,052,0006,594,0006,824,0005,543,0002,445,0002,439,0001,279,000-2,202,000
Depreciation2,437,0003,216,0003,897,0003,503,0002,493,0003,294,0004,599,0004,483,0007,311,0004,771,0003,873,0001,323,000683,0001,031,0001,055,000
Amortisation417,00000000000000000
Tax-1,769,000-41,000-1,548,000-348,000-961,00056,000-100,0001,401,000-1,101,000-1,437,000-1,555,000-1,065,000-711,0002,603,0001,563,000
Stock-4,083,000-293,000-1,961,000332,0001,189,000-466,000526,000-1,220,000-474,0001,002,000461,0003,270,0001,500,00004,933,000
Debtors12,994,0006,644,000-11,228,0004,805,000-13,090,000-1,952,00011,553,000-4,144,0003,547,0001,101,00018,560,0002,551,0003,521,0009,726,00022,405,000
Creditors2,654,0008,921,000-9,709,000-633,000-4,801,000-2,467,0004,811,000-1,838,000-9,105,0003,307,00010,310,0005,922,0004,871,0003,171,00014,597,000
Accruals and Deferred Income808,0003,586,000-4,543,0004,649,000-1,033,000-4,288,000-1,866,000-3,894,000-1,355,0006,454,0006,742,000602,0001,144,000793,0002,296,000
Deferred Taxes & Provisions-328,000-5,001,0002,558,000760,000314,0002,762,00000-3,000248,000-196,000-147,000193,000-100,000500,000
Cash flow from operations1,736,000-3,407,0006,860,0002,700,00012,346,0008,414,0002,193,00012,568,000-732,00018,064,0005,696,0003,259,0003,598,000-949,000-9,529,000
Investing Activities
capital expenditure2,633,000-1,872,000-2,718,000-3,164,000-8,443,000-2,404,000182,000-3,148,000-3,529,000-10,965,000-4,729,000-5,045,000-6,469,000-1,520,000-4,347,000
Change in Investments-1,884,000-21,353,0003,285,000718,000768,00021,806,000000-2,212,000-799,0001,813,000339,000859,0000
cash flow from investments4,517,00019,481,000-6,003,000-3,882,000-9,211,000-24,210,000182,000-3,148,000-3,529,000-8,753,000-3,930,000-6,858,000-6,808,000-2,379,000-4,347,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts2,085,000-287,000-2,614,000562,000-3,963,000-1,379,0001,251,000-7,101,0005,156,000-7,344,000-539,0002,140,0002,986,0002,832,0009,129,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-1,969,000481,000-285,000-114,0002,265,0000000000000
other long term liabilities1,618,00000000000000000
share issue-2,332,000-15,690,0001,880,000332,000187,00018,921,0007,395,000-8,586,0001,136,000-3,831,000-980,0001,876,000157,0001,431,0004,537,000
interest668,000572,000162,000402,000586,0005,000-259,000-19,000-211,00039,000-187,000-179,0001,946,000-165,000-341,000
cash flow from financing70,000-14,924,000-857,0001,182,000-925,00017,547,0008,387,000-15,706,0006,081,000-11,136,000-1,706,0003,837,0005,089,0004,098,00013,325,000
cash and cash equivalents
cash0000-90,00090,000-78,000-10,000-57,00067,000-42,00028,000-127,000-674,000893,000
overdraft000000000000000
change in cash0000-90,00090,000-78,000-10,000-57,00067,000-42,00028,000-127,000-674,000893,000

zf lemforder uk 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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Zf Lemforder Uk Limited Competitor Analysis

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Perform a competitor analysis for zf lemforder uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in WS10 area or any other competitors across 12 key performance metrics.

zf lemforder uk limited Ownership

ZF LEMFORDER UK LIMITED group structure

Zf Lemforder Uk Limited has no subsidiary companies.

Ultimate parent company

ZF FRIEDRICHSHAFEN AG

#0010307

2 parents

ZF LEMFORDER UK LIMITED

02370396

ZF LEMFORDER UK LIMITED Shareholders

midwest lemforder ltd 100%
zf friedrichshafen ag 0%

zf lemforder uk limited directors

Zf Lemforder Uk Limited currently has 5 directors. The longest serving directors include Mr Philip Mauldridge (Jul 2008) and Mr Timothy Kibble (Apr 2017).

officercountryagestartendrole
Mr Philip MauldridgeEngland55 years Jul 2008- Director
Mr Timothy KibbleEngland62 years Apr 2017- Director
Mr Steffen ReicheltEngland51 years Mar 2021- Director
Mr Arnaud GentnerEngland51 years May 2024- Director
Mr Stephen BatterbeeUnited Kingdom57 years May 2024- Director

P&L

December 2023

turnover

86.7m

+53%

operating profit

6.4m

-183%

gross margin

16%

-434.54%

turnover

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

Balance Sheet

December 2023

net assets

42.8m

+0.1%

total assets

89.4m

+0.11%

cash

0

0%

net assets

Total assets minus all liabilities

zf lemforder uk limited company details

company number

02370396

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

April 1989

age

36

incorporated

UK

ultimate parent company

ZF FRIEDRICHSHAFEN AG

accounts

Full Accounts

last accounts submitted

December 2023

previous names

lemforder uk limited (March 2000)

special products lemforder limited (March 1997)

accountant

-

auditor

ERNST & YOUNG LLP

address

heath road darlaston, wednesbury, west midlands, WS10 8XL

Bank

DEUTSCHE BANK AG

Legal Advisor

GOWLING WLG (UK) LLP

zf lemforder uk 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 zf lemforder uk limited.

zf lemforder uk 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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zf lemforder uk limited Companies House Filings - See Documents

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