laminated products limited Company Information
Company Number
02402932
Website
http://lambsonbpl.comRegistered Address
hunt street, whitwood mere, castleford, west yorkshire, WF10 1NS
Industry
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Telephone
01977711200
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
nimbus building products limited 100%
laminated products limited Estimated Valuation
Pomanda estimates the enterprise value of LAMINATED PRODUCTS LIMITED at £3.7m based on a Turnover of £8.2m and 0.46x industry multiple (adjusted for size and gross margin).
laminated products limited Estimated Valuation
Pomanda estimates the enterprise value of LAMINATED PRODUCTS LIMITED at £6.4m based on an EBITDA of £1.4m and a 4.52x industry multiple (adjusted for size and gross margin).
laminated products limited Estimated Valuation
Pomanda estimates the enterprise value of LAMINATED PRODUCTS LIMITED at £985.3k based on Net Assets of £1.8m and 0.55x industry multiple (adjusted for liquidity).
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Laminated Products Limited Overview
Laminated Products Limited is a live company located in castleford, WF10 1NS with a Companies House number of 02402932. It operates in the manufacture of other products of wood sector, SIC Code 16290. Founded in July 1989, it's largest shareholder is nimbus building products limited with a 100% stake. Laminated Products Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.2m with declining growth in recent years.
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Laminated Products Limited Health Check
Pomanda's financial health check has awarded Laminated Products Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
6 Weak
Size
annual sales of £8.2m, make it smaller than the average company (£16.4m)
- Laminated Products Limited
£16.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.3%)
- Laminated Products Limited
8.3% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)
- Laminated Products Limited
26.8% - Industry AVG
Profitability
an operating margin of 15.6% make it more profitable than the average company (6.4%)
- Laminated Products Limited
6.4% - Industry AVG
Employees
with 54 employees, this is below the industry average (79)
54 - Laminated Products Limited
79 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Laminated Products Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £151.3k, this is equally as efficient (£146.8k)
- Laminated Products Limited
£146.8k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (48 days)
- Laminated Products Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (38 days)
- Laminated Products Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 72 days, this is in line with average (65 days)
- Laminated Products Limited
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Laminated Products Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.1%, this is a higher level of debt than the average (52.1%)
61.1% - Laminated Products Limited
52.1% - Industry AVG
LAMINATED PRODUCTS LIMITED financials
Laminated Products Limited's latest turnover from December 2022 is estimated at £8.2 million and the company has net assets of £1.8 million. According to their latest financial statements, Laminated Products Limited has 54 employees and maintains cash reserves of £134.9 thousand 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 | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 54 | 53 | 55 | 57 | 61 | 57 | 52 | |||||||
EBITDA* |
* 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 | 827,593 | 615,312 | 671,908 | 786,670 | 852,194 | 732,971 | 808,605 | 816,146 | 512,115 | 414,261 | 237,963 | 279,755 | 282,478 | 288,493 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 827,593 | 615,312 | 671,908 | 786,670 | 852,194 | 732,971 | 808,605 | 816,146 | 512,115 | 414,261 | 237,963 | 279,755 | 282,478 | 288,493 |
Stock & work in progress | 1,180,680 | 990,239 | 1,118,419 | 1,219,739 | 1,459,192 | 1,309,746 | 1,193,616 | 941,787 | 898,620 | 658,067 | 523,934 | 529,666 | 444,169 | 302,578 |
Trade Debtors | 1,800,362 | 2,131,276 | 1,312,628 | 1,298,474 | 1,729,423 | 1,561,675 | 1,294,609 | 1,212,701 | 1,497,358 | 1,316,102 | 972,382 | 819,384 | 870,684 | 695,198 |
Group Debtors | 500,000 | 0 | 533 | 0 | 78,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 175,027 | 94,149 | 180,456 | 445,024 | 214,917 | 481,888 | 409,655 | 385,197 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 134,879 | 64,722 | 40,797 | 95,967 | 77,216 | 44,350 | 86,019 | 40,170 | 9,926 | 23,429 | 27,267 | 0 | 0 | 9,707 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,790,948 | 3,280,386 | 2,652,833 | 3,059,204 | 3,559,292 | 3,397,659 | 2,983,899 | 2,579,855 | 2,405,904 | 1,997,598 | 1,523,583 | 1,349,050 | 1,314,853 | 1,007,483 |
total assets | 4,618,541 | 3,895,698 | 3,324,741 | 3,845,874 | 4,411,486 | 4,130,630 | 3,792,504 | 3,396,001 | 2,918,019 | 2,411,859 | 1,761,546 | 1,628,805 | 1,597,331 | 1,295,976 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 633,231 | 1,118,144 | 1,781,642 | 2,279,030 | 2,536,755 | 1,926,686 | 1,819,735 | 1,424,538 | 2,359,765 | 1,938,888 | 1,333,087 | 1,316,685 | 1,531,343 | 1,333,672 |
Group/Directors Accounts | 390,437 | 20,400 | 0 | 35,186 | 0 | 50,375 | 235,446 | 167,007 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 29,309 | 58,617 | 58,618 | 58,618 | 89,787 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,598,490 | 1,890,339 | 1,315,906 | 1,283,508 | 1,434,008 | 1,472,947 | 1,092,594 | 1,040,065 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,622,158 | 3,028,883 | 3,097,548 | 3,627,033 | 4,029,380 | 3,508,626 | 3,206,393 | 2,721,397 | 2,359,765 | 1,938,888 | 1,333,087 | 1,316,685 | 1,531,343 | 1,333,672 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 29,309 | 87,926 | 146,544 | 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 | 0 | 205,162 | 31,170 | 0 | 0 | 16,500 | 4,260 | 63,474 |
provisions | 201,733 | 108,680 | 118,052 | 119,766 | 105,318 | 104,913 | 86,950 | 92,241 | 72,669 | 27,815 | 18,899 | 0 | 0 | 0 |
total long term liabilities | 201,733 | 108,680 | 118,052 | 119,766 | 134,627 | 192,839 | 233,494 | 297,403 | 103,839 | 27,815 | 18,899 | 16,500 | 4,260 | 63,474 |
total liabilities | 2,823,891 | 3,137,563 | 3,215,600 | 3,746,799 | 4,164,007 | 3,701,465 | 3,439,887 | 3,018,800 | 2,463,604 | 1,966,703 | 1,351,986 | 1,333,185 | 1,535,603 | 1,397,146 |
net assets | 1,794,650 | 758,135 | 109,141 | 99,075 | 247,479 | 429,165 | 352,617 | 377,201 | 454,415 | 445,156 | 409,560 | 295,620 | 61,728 | -101,170 |
total shareholders funds | 1,794,650 | 758,135 | 109,141 | 99,075 | 247,479 | 429,165 | 352,617 | 377,201 | 454,415 | 445,156 | 409,560 | 295,620 | 61,728 | -101,170 |
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 | ||||||||||||||
Depreciation | 135,392 | 128,372 | 129,449 | 128,546 | 123,322 | 122,573 | 27,615 | 138,023 | 114,842 | 88,045 | 80,293 | 66,499 | 69,019 | 79,371 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 190,441 | -128,180 | -101,320 | -239,453 | 149,446 | 116,130 | 251,829 | 43,167 | 240,553 | 134,133 | -5,732 | 85,497 | 141,591 | 302,578 |
Debtors | 249,964 | 731,808 | -249,881 | -279,386 | -20,679 | 339,299 | 106,366 | 100,540 | 181,256 | 343,720 | 152,998 | -51,300 | 175,486 | 695,198 |
Creditors | -484,913 | -663,498 | -497,388 | -257,725 | 610,069 | 106,951 | 395,197 | -935,227 | 420,877 | 605,801 | 16,402 | -214,658 | 197,671 | 1,333,672 |
Accruals and Deferred Income | -291,849 | 574,433 | 32,398 | -150,500 | -38,939 | 380,353 | 52,529 | 1,040,065 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 93,053 | -9,372 | -1,714 | 14,448 | 405 | 17,963 | -5,291 | 19,572 | 44,854 | 8,916 | 18,899 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 370,037 | 20,400 | -35,186 | 35,186 | -50,375 | -185,071 | 68,439 | 167,007 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | -29,309 | -58,617 | -58,618 | -58,618 | 115,375 | 89,787 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -205,162 | 173,992 | 31,170 | 0 | -16,500 | 12,240 | -59,214 | 63,474 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 70,157 | 23,925 | -55,170 | 18,751 | 32,866 | -41,669 | 45,849 | 30,244 | -13,503 | -3,838 | 27,267 | 0 | -9,707 | 9,707 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 70,157 | 23,925 | -55,170 | 18,751 | 32,866 | -41,669 | 45,849 | 30,244 | -13,503 | -3,838 | 27,267 | 0 | -9,707 | 9,707 |
laminated products limited Credit Report and Business Information
Laminated Products Limited Competitor Analysis
Perform a competitor analysis for laminated products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in WF10 area or any other competitors across 12 key performance metrics.
laminated products limited Ownership
LAMINATED PRODUCTS LIMITED group structure
Laminated Products Limited has no subsidiary companies.
Ultimate parent company
2 parents
LAMINATED PRODUCTS LIMITED
02402932
laminated products limited directors
Laminated Products Limited currently has 5 directors. The longest serving directors include Mr Michael Lundy (Oct 2005) and Mr Glenn Monkman (Oct 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Lundy | 72 years | Oct 2005 | - | Director | |
Mr Glenn Monkman | 67 years | Oct 2005 | - | Director | |
Mrs Diane Carlisle | 59 years | Aug 2024 | - | Director | |
Mr Timothy Russell | 66 years | Aug 2024 | - | Director | |
Mr David Bean | 58 years | Aug 2024 | - | Director |
P&L
December 2022turnover
8.2m
-8%
operating profit
1.3m
0%
gross margin
26.8%
-0.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.8m
+1.37%
total assets
4.6m
+0.19%
cash
134.9k
+1.08%
net assets
Total assets minus all liabilities
laminated products limited company details
company number
02402932
Type
Private limited with Share Capital
industry
16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
incorporation date
July 1989
age
35
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
hunt street, whitwood mere, castleford, west yorkshire, WF10 1NS
accountant
ALLENS ACCOUNTANTS LTD
auditor
-
laminated products 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 16 charges/mortgages relating to laminated products limited. Currently there are 5 open charges and 11 have been satisfied in the past.
laminated products limited Companies House Filings - See Documents
date | description | view/download |
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