Pomanda estimates the enterprise value of ASSEMBLY & PACKAGING SERVICES LTD at £2.2m based on a Turnover of £3.3m and 0.67x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ASSEMBLY & PACKAGING SERVICES LTD at £0 based on an EBITDA of £-557k and a 4.12x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ASSEMBLY & PACKAGING SERVICES LTD at £0 based on Net Assets of £-1.4m and 2.02x industry multiple (adjusted for liquidity).
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Assembly & Packaging Services LtdOverview
Assembly & Packaging Services Ltd is a live company located in woodford green, IG8 8HD with a Companies House number of 02379837. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in May 1989, it's largest shareholder is
the keswick enterprises group limited
with a 100% stake. Assembly & Packaging Services Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£3.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Assembly & Packaging Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£14m)
£3.3m - Assembly & Packaging Services Ltd
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (6.3%)
-24% - Assembly & Packaging Services Ltd
6.3% - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)
30.3% - Assembly & Packaging Services Ltd
30.3% - Industry AVG
Profitability
an operating margin of -20.2% make it less profitable than the average company (6.3%)
-20.2% - Assembly & Packaging Services Ltd
6.3% - Industry AVG
Employees
with 46 employees, this is below the industry average (70)
46 - Assembly & Packaging Services Ltd
70 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
£42.9k - Assembly & Packaging Services Ltd
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £70.7k, this is less efficient (£185.8k)
£70.7k - Assembly & Packaging Services Ltd
£185.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (53 days)
34 days - Assembly & Packaging Services Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (40 days)
26 days - Assembly & Packaging Services Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (68 days)
33 days - Assembly & Packaging Services Ltd
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Assembly & Packaging Services Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 195.2%, this is a higher level of debt than the average (47.8%)
195.2% - Assembly & Packaging Services Ltd
47.8% - Industry AVG
ASSEMBLY & PACKAGING SERVICES LTD financials
EXPORT
Assembly & Packaging Services Ltd's latest turnover from December 2023 is estimated at £3.3 million and the company has net assets of -£1.4 million. According to their latest financial statements, Assembly & Packaging Services Ltd has 46 employees and maintains cash reserves of £721 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
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
3,252,972
5,590,876
7,809,222
7,301,880
8,375,465
9,572,964
9,479,820
9,284,985
6,050,214
4,182,205
2,857,905
2,050,244
3,585,856
4,226,159
3,666,188
Other Income Or Grants
Cost Of Sales
2,268,648
3,913,470
5,491,939
5,198,753
5,890,688
6,703,282
6,516,566
6,348,476
4,140,475
2,877,790
1,957,103
1,406,463
2,450,113
2,882,871
2,571,600
Gross Profit
984,324
1,677,406
2,317,283
2,103,127
2,484,777
2,869,682
2,963,254
2,936,509
1,909,739
1,304,415
900,802
643,781
1,135,743
1,343,287
1,094,588
Admin Expenses
1,642,715
2,564,238
2,580,773
2,155,063
2,436,389
2,763,419
2,931,076
2,751,521
1,837,479
1,309,307
882,117
665,969
891,776
1,069,986
760,844
Operating Profit
-658,391
-886,832
-263,490
-51,936
48,388
106,263
32,178
184,988
72,260
-4,892
18,685
-22,188
243,967
273,301
333,744
Interest Payable
212,764
75,577
3,135
233
683
1,273
880
76
17,174
48,104
Interest Receivable
59
57
306
291
2,104
1,435
630
141
143
117
51
126
103
168
90
Pre-Tax Profit
-871,096
-962,351
-266,319
-51,645
50,259
107,015
31,535
184,249
72,326
-4,775
18,735
-22,062
244,070
256,294
205,443
Tax
-9,549
-20,333
-5,992
-36,850
-14,465
-4,309
-63,458
-71,762
-19
Profit After Tax
-871,096
-962,351
-266,319
-51,645
40,710
86,682
25,543
147,399
57,861
-4,775
14,426
-22,062
180,612
184,532
205,424
Dividends Paid
Retained Profit
-871,096
-962,351
-266,319
-51,645
40,710
86,682
25,543
147,399
57,861
-4,775
14,426
-22,062
180,612
184,532
205,424
Employee Costs
1,972,655
3,684,601
5,758,731
5,675,109
6,539,025
7,464,856
7,643,359
7,038,830
4,985,409
958,328
667,425
507,607
843,181
1,030,901
1,723,238
Number Of Employees
46
91
147
149
174
203
215
205
149
29
21
16
27
34
118
EBITDA*
-556,974
-816,296
-215,705
-15,300
76,379
132,283
58,472
214,003
95,636
20,295
60,184
32,676
296,916
273,358
382,802
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
707,558
705,510
284,136
229,072
122,637
141,183
162,788
135,075
105,454
127,447
133,866
142,633
159,561
259,880
291,490
Intangible Assets
Investments & Other
3,624
Debtors (Due After 1 year)
175,598
Total Fixed Assets
883,156
705,510
284,136
229,072
122,637
141,183
162,788
138,699
105,454
127,447
133,866
142,633
159,561
259,880
291,490
Stock & work in progress
208,500
228,214
209,753
234,162
169,476
220,698
229,514
184,613
273,499
318,161
274,109
270,832
265,612
220,301
127,987
Trade Debtors
307,226
478,148
617,307
527,097
506,288
595,804
611,668
751,666
900
820,452
569,970
390,877
727,120
824,662
717,998
Group Debtors
31,156
34,875
Misc Debtors
34,168
37,749
51,172
14,246
83,014
113,876
30,452
42,941
648,526
166,359
Cash
721
1,531
1,750
242,784
338,821
222,309
160,328
91,587
21,049
35,983
10,676
9,545
40,733
573
66,502
misc current assets
total current assets
550,615
745,642
879,982
1,018,289
1,097,599
1,152,687
1,063,118
1,105,682
943,974
1,174,596
854,755
671,254
1,033,465
1,045,536
1,078,846
total assets
1,433,771
1,451,152
1,164,118
1,247,361
1,220,236
1,293,870
1,225,906
1,244,381
1,049,428
1,302,043
988,621
813,887
1,193,026
1,305,416
1,370,336
Bank overdraft
2,291,684
1,490,782
100,305
6,533
Bank loan
Trade Creditors
166,048
210,318
301,975
135,606
142,979
217,613
153,167
186,919
250,720
854,547
535,087
368,845
747,353
991,933
423,036
Group/Directors Accounts
82
9,932
other short term finances
6,448
1,536
313,295
hp & lease commitments
5,184
18,938
9,206
1,965
6,503
8,225
11,692
16,212
27,448
other current liabilities
165,653
219,488
249,985
334,802
282,211
305,759
371,304
377,789
293,269
288,117
total current liabilities
2,623,385
1,925,772
671,203
479,614
427,155
529,875
532,696
582,848
561,819
854,547
535,087
368,845
747,353
991,933
1,068,361
loans
6,897
13,349
19,384
802
208,602
hp & lease commitments
5,184
14,861
2,340
9,004
8,885
942
Accruals and Deferred Income
2,870
other liabilities
19,492
20,755
26,689
5,258
50,810
provisions
175,598
19,496
19,496
18,332
6,882
9,269
12,050
total long term liabilities
175,598
19,496
24,680
33,193
6,882
18,506
34,403
28,269
1,744
19,492
20,755
26,689
5,258
53,680
208,602
total liabilities
2,798,983
1,945,268
695,883
512,807
434,037
548,381
567,099
611,117
563,563
874,039
555,842
395,534
752,611
1,045,613
1,276,963
net assets
-1,365,212
-494,116
468,235
734,554
786,199
745,489
658,807
633,264
485,865
428,004
432,779
418,353
440,415
259,803
93,373
total shareholders funds
-1,365,212
-494,116
468,235
734,554
786,199
745,489
658,807
633,264
485,865
428,004
432,779
418,353
440,415
259,803
93,373
Dec 2023
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
-658,391
-886,832
-263,490
-51,936
48,388
106,263
32,178
184,988
72,260
-4,892
18,685
-22,188
243,967
273,301
333,744
Depreciation
101,417
70,536
47,785
36,636
27,991
26,020
26,294
29,015
23,376
25,187
41,499
54,864
52,949
57
49,058
Amortisation
Tax
-9,549
-20,333
-5,992
-36,850
-14,465
-4,309
-63,458
-71,762
-19
Stock
-19,714
18,461
-24,409
64,686
-51,222
-8,816
44,901
-88,886
-44,662
44,052
3,277
5,220
45,311
92,314
127,987
Debtors
1,095
-152,582
127,136
-47,959
-120,378
36,404
-156,206
180,056
-171,026
250,482
179,093
-336,243
-97,542
-59,695
884,357
Creditors
-44,270
-91,657
166,369
-7,373
-74,634
64,446
-33,752
-63,801
-603,827
319,460
166,242
-378,508
-244,580
568,897
423,036
Accruals and Deferred Income
-53,835
-30,497
-84,817
52,591
-23,548
-65,545
-6,485
84,520
293,269
-2,870
-285,247
288,117
Deferred Taxes & Provisions
156,102
1,164
11,450
-2,387
-2,781
12,050
Cash flow from operations
-480,358
-804,329
-235,716
24,641
137,861
80,482
135,598
106,702
-13,699
45,221
39,747
-14,809
38,239
452,627
81,592
Investing Activities
capital expenditure
-103,465
-491,910
-102,849
-143,071
-9,445
-4,415
-54,007
-58,636
-1,383
-18,768
-32,732
-37,936
47,370
31,553
102,511
Change in Investments
-3,624
3,624
cash flow from investments
-103,465
-491,910
-102,849
-143,071
-9,445
-4,415
-50,383
-62,260
-1,383
-18,768
-32,732
-37,936
47,370
31,553
102,511
Financing Activities
Bank loans
Group/Directors Accounts
-82
82
-9,932
9,932
Other Short Term Loans
-6,448
4,912
1,536
-313,295
313,295
Long term loans
-6,897
-6,452
-6,035
18,582
802
-208,602
208,602
Hire Purchase and Lease Commitments
-5,184
-18,938
55
22,102
-6,878
-8,386
-3,348
3,423
17,154
-27,448
27,448
other long term liabilities
-19,492
-1,263
-5,934
21,431
-45,552
50,810
share issue
-18,102
-112,051
interest
-212,705
-75,520
-2,829
291
1,871
752
-643
-739
67
117
51
126
103
-17,006
-48,014
cash flow from financing
-217,889
-94,458
-2,774
22,393
-11,904
-14,086
-16,474
26,096
149
-1,146
-5,883
21,557
-45,449
-543,575
399,212
cash and cash equivalents
cash
-810
-219
-241,034
-96,037
116,512
61,981
68,741
70,538
-14,934
25,307
1,131
-31,188
40,160
-65,929
66,502
overdraft
800,902
1,390,477
100,305
-6,533
6,533
change in cash
-801,712
-1,390,696
-341,339
-96,037
116,512
61,981
68,741
70,538
-14,934
25,307
1,131
-31,188
40,160
-59,396
59,969
assembly & packaging services ltd 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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Perform a competitor analysis for assembly & packaging services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.
assembly & packaging services ltd Ownership
ASSEMBLY & PACKAGING SERVICES LTD group structure
Assembly & Packaging Services Ltd has no subsidiary companies.
The sole shareholder of Assembly & Packaging Services Ltd is The Keswick Enterprises Group Limited.
the keswick enterprises group limited
100%
assembly & packaging services ltd directors
Assembly & Packaging Services Ltd currently has 2 directors.
The longest serving directors include
Mr Gavin Withers (Feb 2020) and
Mr Stuart Ross (Aug 2022).
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 10 charges/mortgages relating to assembly & packaging services ltd. Currently there are 1 open charges and 9 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.
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assembly & packaging services ltdCompanies House Filings - See Documents
