laminated products limited

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laminated products limited Company Information

Share LAMINATED PRODUCTS LIMITED
Live 
MatureMidDeclining

Company Number

02402932

Registered 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

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Directors

Michael Lundy18 Years

Glenn Monkman18 Years

View All

Shareholders

nimbus building products limited 100%

laminated products limited Estimated Valuation

£3.7m

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

£6.4m

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

£985.3k

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

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

5 Regular

positive_score

6 Weak

size

Size

annual sales of £8.2m, make it smaller than the average company (£16.4m)

£8.2m - Laminated Products Limited

£16.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.3%)

-2% - Laminated Products Limited

8.3% - Industry AVG

production

Production

with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)

26.8% - Laminated Products Limited

26.8% - Industry AVG

profitability

Profitability

an operating margin of 15.6% make it more profitable than the average company (6.4%)

15.6% - Laminated Products Limited

6.4% - Industry AVG

employees

Employees

with 54 employees, this is below the industry average (79)

54 - Laminated Products Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)

£32.1k - Laminated Products Limited

£32.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £151.3k, this is equally as efficient (£146.8k)

£151.3k - Laminated Products Limited

£146.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is later than average (48 days)

80 days - Laminated Products Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (38 days)

38 days - Laminated Products Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 72 days, this is in line with average (65 days)

72 days - Laminated Products Limited

65 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,168,4908,831,1088,130,2088,739,88510,183,2198,453,3757,640,2847,436,5838,966,8527,881,0785,870,2045,555,4266,039,8240
Other Income Or Grants00000000000000
Cost Of Sales5,982,4916,456,0655,869,6106,276,3747,369,5126,057,6085,366,6615,418,3546,596,0255,774,1814,320,7244,102,8934,372,0020
Gross Profit2,185,9992,375,0432,260,5982,463,5112,813,7072,395,7672,273,6222,018,2292,370,8272,106,8971,549,4791,452,5331,667,8220
Admin Expenses909,8441,573,9482,248,2392,612,5642,995,8492,301,5892,298,3642,095,5682,359,1902,060,7951,399,6261,136,4631,441,599151,194
Operating Profit1,276,155801,09512,359-149,053-182,14294,178-24,742-77,33911,63746,102149,853316,070226,223-151,194
Interest Payable00000000000000
Interest Receivable3,49313268649456326158125831276802424
Pre-Tax Profit1,279,648801,22712,427-148,404-181,68694,504-24,584-77,21411,72046,229149,921316,070226,247-151,170
Tax-243,133-152,233-2,36100-17,95600-2,461-10,633-35,981-82,178-63,3490
Profit After Tax1,036,515648,99410,066-148,404-181,68676,548-24,584-77,2149,25935,596113,940233,892162,898-151,170
Dividends Paid00000000000000
Retained Profit1,036,515648,99410,066-148,404-181,68676,548-24,584-77,2149,25935,596113,940233,892162,898-151,170
Employee Costs1,734,1711,628,0611,625,2741,613,4451,670,6551,555,5771,433,3251,591,1081,827,2221,624,8501,161,8331,075,4361,268,9230
Number Of Employees545355576157525971654743520
EBITDA*1,411,547929,467141,808-20,507-58,820216,7512,87360,684126,479134,147230,146382,569295,242-71,823

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets827,593615,312671,908786,670852,194732,971808,605816,146512,115414,261237,963279,755282,478288,493
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets827,593615,312671,908786,670852,194732,971808,605816,146512,115414,261237,963279,755282,478288,493
Stock & work in progress1,180,680990,2391,118,4191,219,7391,459,1921,309,7461,193,616941,787898,620658,067523,934529,666444,169302,578
Trade Debtors1,800,3622,131,2761,312,6281,298,4741,729,4231,561,6751,294,6091,212,7011,497,3581,316,102972,382819,384870,684695,198
Group Debtors500,0000533078,544000000000
Misc Debtors175,02794,149180,456445,024214,917481,888409,655385,197000000
Cash134,87964,72240,79795,96777,21644,35086,01940,1709,92623,42927,267009,707
misc current assets00000000000000
total current assets3,790,9483,280,3862,652,8333,059,2043,559,2923,397,6592,983,8992,579,8552,405,9041,997,5981,523,5831,349,0501,314,8531,007,483
total assets4,618,5413,895,6983,324,7413,845,8744,411,4864,130,6303,792,5043,396,0012,918,0192,411,8591,761,5461,628,8051,597,3311,295,976
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 633,2311,118,1441,781,6422,279,0302,536,7551,926,6861,819,7351,424,5382,359,7651,938,8881,333,0871,316,6851,531,3431,333,672
Group/Directors Accounts390,43720,400035,186050,375235,446167,007000000
other short term finances00000000000000
hp & lease commitments00029,30958,61758,61858,61889,787000000
other current liabilities1,598,4901,890,3391,315,9061,283,5081,434,0081,472,9471,092,5941,040,065000000
total current liabilities2,622,1583,028,8833,097,5483,627,0334,029,3803,508,6263,206,3932,721,3972,359,7651,938,8881,333,0871,316,6851,531,3431,333,672
loans00000000000000
hp & lease commitments000029,30987,926146,5440000000
Accruals and Deferred Income00000000000000
other liabilities0000000205,16231,1700016,5004,26063,474
provisions201,733108,680118,052119,766105,318104,91386,95092,24172,66927,81518,899000
total long term liabilities201,733108,680118,052119,766134,627192,839233,494297,403103,83927,81518,89916,5004,26063,474
total liabilities2,823,8913,137,5633,215,6003,746,7994,164,0073,701,4653,439,8873,018,8002,463,6041,966,7031,351,9861,333,1851,535,6031,397,146
net assets1,794,650758,135109,14199,075247,479429,165352,617377,201454,415445,156409,560295,62061,728-101,170
total shareholders funds1,794,650758,135109,14199,075247,479429,165352,617377,201454,415445,156409,560295,62061,728-101,170
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,276,155801,09512,359-149,053-182,14294,178-24,742-77,33911,63746,102149,853316,070226,223-151,194
Depreciation135,392128,372129,449128,546123,322122,57327,615138,023114,84288,04580,29366,49969,01979,371
Amortisation00000000000000
Tax-243,133-152,233-2,36100-17,95600-2,461-10,633-35,981-82,178-63,3490
Stock190,441-128,180-101,320-239,453149,446116,130251,82943,167240,553134,133-5,73285,497141,591302,578
Debtors249,964731,808-249,881-279,386-20,679339,299106,366100,540181,256343,720152,998-51,300175,486695,198
Creditors-484,913-663,498-497,388-257,725610,069106,951395,197-935,227420,877605,80116,402-214,658197,6711,333,672
Accruals and Deferred Income-291,849574,43332,398-150,500-38,939380,35352,5291,040,065000000
Deferred Taxes & Provisions93,053-9,372-1,71414,44840517,963-5,29119,57244,8548,91618,899000
Cash flow from operations44,30075,16923,944104,555383,948248,63387,11341,387167,940260,37882,20051,536112,487264,073
Investing Activities
capital expenditure-347,673-71,776-14,687-63,022-242,545-46,939-20,074-442,054-212,696-264,343-38,501-63,776-63,004-367,864
Change in Investments00000000000000
cash flow from investments-347,673-71,776-14,687-63,022-242,545-46,939-20,074-442,054-212,696-264,343-38,501-63,776-63,004-367,864
Financing Activities
Bank loans00000000000000
Group/Directors Accounts370,03720,400-35,18635,186-50,375-185,07168,439167,007000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00-29,309-58,617-58,618-58,618115,37589,787000000
other long term liabilities000000-205,162173,99231,1700-16,50012,240-59,21463,474
share issue000000000000050,000
interest3,49313268649456326158125831276802424
cash flow from financing373,53020,532-64,427-22,782-108,537-243,363-21,190430,91131,253127-16,43212,240-59,190113,498
cash and cash equivalents
cash70,15723,925-55,17018,75132,866-41,66945,84930,244-13,503-3,83827,2670-9,7079,707
overdraft00000000000000
change in cash70,15723,925-55,17018,75132,866-41,66945,84930,244-13,503-3,83827,2670-9,7079,707

laminated products 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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Laminated Products Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

nimbus building products limited 100%

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).

officercountryagestartendrole
Mr Michael Lundy72 years Oct 2005- Director
Mr Glenn Monkman67 years Oct 2005- Director
Mrs Diane Carlisle59 years Aug 2024- Director
Mr Timothy Russell66 years Aug 2024- Director
Mr David Bean58 years Aug 2024- Director

P&L

December 2022

turnover

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 2022

net 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.

charges

laminated products limited Companies House Filings - See Documents

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