ball beverage packaging europe limited

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ball beverage packaging europe limited Company Information

Share BALL BEVERAGE PACKAGING EUROPE LIMITED

Company Number

02554348

Shareholders

rexam uk holdings limited

Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

100 capability green, luton, bedfordshire, LU1 3LG

ball beverage packaging europe limited Estimated Valuation

£2.3b

Pomanda estimates the enterprise value of BALL BEVERAGE PACKAGING EUROPE LIMITED at £2.3b based on a Turnover of £2.3b and 0.99x industry multiple (adjusted for size and gross margin).

ball beverage packaging europe limited Estimated Valuation

£455.8m

Pomanda estimates the enterprise value of BALL BEVERAGE PACKAGING EUROPE LIMITED at £455.8m based on an EBITDA of £70m and a 6.51x industry multiple (adjusted for size and gross margin).

ball beverage packaging europe limited Estimated Valuation

£930m

Pomanda estimates the enterprise value of BALL BEVERAGE PACKAGING EUROPE LIMITED at £930m based on Net Assets of £474m and 1.96x industry multiple (adjusted for liquidity).

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Ball Beverage Packaging Europe Limited Overview

Ball Beverage Packaging Europe Limited is a live company located in bedfordshire, LU1 3LG with a Companies House number of 02554348. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 1990, it's largest shareholder is rexam uk holdings limited with a 100% stake. Ball Beverage Packaging Europe Limited is a mature, mega sized company, Pomanda has estimated its turnover at £2.3b with healthy growth in recent years.

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Ball Beverage Packaging Europe Limited Health Check

Pomanda's financial health check has awarded Ball Beverage Packaging Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 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

6 Weak

size

Size

annual sales of £2.3b, make it larger than the average company (£1.2m)

£2.3b - Ball Beverage Packaging Europe Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.9%)

11% - Ball Beverage Packaging Europe Limited

7.9% - Industry AVG

production

Production

with a gross margin of 14%, this company has a higher cost of product (41.8%)

14% - Ball Beverage Packaging Europe Limited

41.8% - Industry AVG

profitability

Profitability

an operating margin of 2.7% make it less profitable than the average company (6.4%)

2.7% - Ball Beverage Packaging Europe Limited

6.4% - Industry AVG

employees

Employees

with 154 employees, this is above the industry average (15)

154 - Ball Beverage Packaging Europe Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £116.3k, the company has a higher pay structure (£34.5k)

£116.3k - Ball Beverage Packaging Europe Limited

£34.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £15m, this is more efficient (£104.6k)

£15m - Ball Beverage Packaging Europe Limited

£104.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is near the average (31 days)

30 days - Ball Beverage Packaging Europe Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 116 days, this is slower than average (40 days)

116 days - Ball Beverage Packaging Europe Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 49 days, this is more than average (40 days)

49 days - Ball Beverage Packaging Europe Limited

40 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (38 weeks)

0 weeks - Ball Beverage Packaging Europe Limited

38 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64%, this is a higher level of debt than the average (48%)

64% - Ball Beverage Packaging Europe Limited

48% - Industry AVG

BALL BEVERAGE PACKAGING EUROPE LIMITED financials

EXPORTms excel logo

Ball Beverage Packaging Europe Limited's latest turnover from December 2023 is £2.3 billion and the company has net assets of £474 million. According to their latest financial statements, Ball Beverage Packaging Europe Limited has 154 employees and maintains cash reserves of £883.3 thousand 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
Turnover2,307,046,9862,313,211,5191,900,101,6071,665,649,1051,631,361,1991,637,138,4731,534,692,5941,382,523,0911,458,240,7081,358,923,9071,110,072,3461,268,627,4821,238,114,4321,158,206,5871,228,111,239
Other Income Or Grants
Cost Of Sales1,985,096,8341,985,341,0241,592,214,5031,384,331,0951,377,935,6431,384,673,2261,317,550,4961,198,273,5351,258,283,6611,151,445,184944,703,8801,067,908,3921,019,643,401956,272,9391,113,973,826
Gross Profit321,950,152327,870,495307,887,104281,318,010253,425,555252,465,246217,142,098184,249,556199,957,048207,478,723165,368,466200,719,090218,471,031201,933,649114,137,413
Admin Expenses260,181,880208,617,379166,130,265195,311,639185,549,502178,486,188150,254,253175,131,439171,601,508152,171,569118,244,557140,044,843128,727,462125,853,835138,415,422
Operating Profit61,768,272119,253,116141,756,83986,006,37167,876,05373,979,05866,887,8459,118,11728,355,54055,307,15447,123,90960,674,24789,743,56976,079,814-24,278,009
Interest Payable5,262,7151,639,4413,234,911204,8902,767,51551,4532,677,1794,045,2933,320,4772,944,2992,821,4772,063,581879,0772,329,5145,235,653
Interest Receivable19,794,5435,529,6392,250,1081,470,385908,317381,8371,7711,68552,48541,63999,3664,808230,789
Pre-Tax Profit76,300,101123,143,314140,772,03687,271,86666,834,93773,046,57964,673,1047,296,6257,058,20542,914,80644,354,91958,652,30688,963,85973,755,109-29,282,872
Tax-16,714,382-22,885,652-25,138,515-23,990,186-20,290,287-9,511,645-5,330,439-3,985,7901,466,515-2,348,530-4,464,856-8,475,336-17,797,099-8,541,5509,953,135
Profit After Tax59,585,719100,257,663115,633,52163,281,68046,544,65063,534,93459,342,6653,310,8358,524,71940,566,27639,890,06350,176,97071,166,76065,213,559-19,329,737
Dividends Paid56,534,95452,594,67042,133,64842,556,21040,038,43764,107,70136,060,582
Retained Profit59,585,719100,257,66359,098,56763,281,68046,544,65063,534,93459,342,6653,310,835-44,069,951-1,567,372-2,666,14710,138,5337,059,05929,152,977-19,329,737
Employee Costs17,916,80721,325,36222,820,66922,992,42420,176,21526,094,06023,647,23622,663,41020,976,50819,349,45614,535,78318,655,50919,951,11820,005,60918,812,450
Number Of Employees154167150143145148179178169161165170187183198
EBITDA*70,026,102125,950,656147,501,51991,478,99472,070,31578,228,01971,070,16212,317,05130,049,08858,335,72148,967,30363,334,40191,932,84782,609,985-17,535,591

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets22,606,09623,893,56619,188,88417,188,36015,476,29114,351,86814,478,20617,528,41910,382,1875,310,5244,986,1696,025,78414,562,8658,968,66714,127,685
Intangible Assets403,3341,381,7782,075,5541,795,7992,705,3721,737,6782,498,2281,503,5521,978,4362,479,144
Investments & Other138,9363,341,1932,083,3703,363,4652,255,8963,549,3774,201,8085,035,52411,633,9427,605,96711
Debtors (Due After 1 year)737,430,111727,659,144599,009,118145,073,174192,484,88937,328,94044,567,68259,510,65763,547,51067,551,19255,320,23527,679,37235,170,28629,524,80114,148,023
Total Fixed Assets760,578,478756,275,682622,356,926167,420,799212,922,44856,967,86465,745,92583,578,15387,542,07682,946,82760,306,40533,705,15749,733,15238,493,46928,275,710
Stock & work in progress269,563,826322,996,800158,049,501105,022,383118,643,05892,952,699200,038,979206,575,488182,997,020161,965,113133,313,710131,255,605111,448,83481,322,22184,010,080
Trade Debtors190,239,980214,778,545179,498,046127,830,579146,365,029138,163,92935,353,47339,526,64328,199,50930,765,14714,212,35522,250,96118,264,28410,681,94611,956,849
Group Debtors29,892,21934,349,10752,514,112332,512,052155,165,574309,165,914179,041,459148,141,207110,996,669102,182,52293,047,02489,396,22093,828,83287,656,86392,777,433
Misc Debtors32,146,34528,584,54011,124,62027,219,35267,189,92022,007,58225,431,43121,378,33031,285,93923,362,26512,908,71615,826,39312,159,6289,413,41423,177,999
Cash883,2941,689,1213,039,514655,9921,923,044169,706189,582642,09672,75622,75215,6041,194,7477,2127,212
misc current assets34,250,58947,759,34781,487,62517,178,8914,306,6315,503,70119,494,1537,546,18129,680,9269,697,480
total current assets556,976,255650,157,460485,713,417610,419,249493,593,258567,963,531459,549,079423,809,947383,232,819327,995,281253,497,411259,923,927235,708,791189,081,657211,922,363
total assets1,317,554,7321,406,433,1421,108,070,343777,840,048706,515,706624,931,396525,295,004507,388,099470,774,895410,942,108313,803,816293,629,084285,441,942227,575,126240,198,072
Bank overdraft18,4188,01324,040178,619
Bank loan
Trade Creditors 635,414,281783,081,004521,398,176375,038,740395,570,784375,329,482279,714,741223,198,046193,411,641294,823,460128,184,978152,532,832144,006,73194,847,34483,489,256
Group/Directors Accounts58,066,68989,361,738113,922,71088,610,53779,804,20554,445,748111,703,579217,746,004135,020,16178,904,17853,278,34747,696,12944,646,206145,123,353
other short term finances6,183,05819,584,87712,778,1151,962,8098,106,750689,16564,950,0359,668,24222,080,294
hp & lease commitments
other current liabilities118,437,18482,431,79553,525,83537,778,06436,399,08039,096,40731,511,33928,090,58631,044,00434,223,47629,683,66534,608,42436,171,16720,336,5659,129,896
total current liabilities818,101,213974,459,414701,624,837503,390,152519,880,821468,871,637422,929,660469,723,801424,425,842329,046,937236,772,821240,438,020237,550,284181,934,450237,921,125
loans23,075,95127,812,39434,737,29961,98362,1431,004,69387,92118,368,688
hp & lease commitments
Accruals and Deferred Income36,839,4924,804,612
other liabilities4,513,45016,281,00623,848,13428,956,87243,253,5609,616,15514,424,232
provisions2,366,116698,0467,607,4683,115,5301,426,7472,349,7022,248,405
total long term liabilities25,442,06828,510,44142,344,7683,177,5141,488,8917,867,84618,529,41223,936,05747,325,56143,253,56036,839,4924,804,6129,616,15514,424,233
total liabilities843,543,2811,002,969,855743,969,605506,567,665521,369,711476,739,484441,459,072493,659,858471,751,403372,300,497273,612,313245,242,633247,166,440196,358,683237,921,125
net assets474,011,452403,463,287364,100,738271,272,383185,145,995148,191,91283,835,93213,728,242-976,50838,641,61140,191,50348,386,45138,275,50331,216,4442,276,948
total shareholders funds474,011,452403,463,287364,100,738271,272,383185,145,995148,191,91283,835,93213,728,242-976,50838,641,61140,191,50348,386,45138,275,50331,216,4442,276,948
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit61,768,272119,253,116141,756,83986,006,37167,876,05373,979,05866,887,8459,118,11728,355,54055,307,15447,123,90960,674,24789,743,56976,079,814-24,278,009
Depreciation7,279,3876,066,8585,028,2244,200,2413,811,1863,348,0773,142,2752,310,835747,7211,985,3371,843,3932,660,1542,189,2786,530,1716,742,418
Amortisation978,443630,683716,4561,272,382383,076900,8841,040,042888,099945,8271,043,229
Tax-16,714,382-22,885,652-25,138,515-23,990,186-20,290,287-9,511,645-5,330,439-3,985,7901,466,515-2,348,530-4,464,856-8,475,336-17,797,099-8,541,5509,953,135
Stock-53,432,974164,947,30053,027,118-13,620,67525,690,359-107,086,280-6,536,50923,578,46921,031,90628,651,4032,058,10519,806,77130,126,613-2,687,85984,010,080
Debtors-15,662,681163,225,440209,510,73971,429,74454,539,048222,272,31915,837,20834,527,21110,168,50048,372,79520,335,386-4,270,08422,146,006-4,783,281142,060,305
Creditors-147,666,723261,682,827146,359,437-20,532,04420,241,30295,614,74156,516,69529,786,405-101,411,819166,638,482-24,347,8548,526,10049,159,38811,358,08783,489,256
Accruals and Deferred Income36,005,38928,905,96015,747,7711,378,984-2,697,3277,585,0683,420,753-2,953,418-3,179,472-32,299,68127,110,1213,241,86915,834,60211,206,6699,129,896
Deferred Taxes & Provisions1,668,070-6,909,4224,491,9381,688,783-922,955101,2972,248,405
Cash flow from operations12,414,11158,571,63026,424,293-7,784,538-11,828,35956,831,441118,624,877-22,941,432-104,276,094113,301,79324,871,22251,090,34786,857,119104,104,331-141,033,689
Investing Activities
capital expenditure-5,991,916-10,708,447-8,024,959-6,275,119-6,286,378-3,362,073-2,126,780-9,870,282-6,264,503-5,832,065-803,7785,876,927-7,783,476-1,371,153-20,870,103
Change in Investments-3,202,2571,257,823-1,280,0951,107,569-1,293,481-652,430-833,716-6,598,4174,027,9757,605,966-11
cash flow from investments-2,789,659-11,966,270-6,744,864-7,382,688-4,992,897-2,709,643-1,293,064-3,271,865-10,292,478-13,438,031-803,7785,876,927-7,783,475-1,371,153-20,870,104
Financing Activities
Bank loans
Group/Directors Accounts-31,295,049-24,560,97225,312,1728,806,33225,358,457-57,257,831-106,042,42582,725,842135,020,161-78,904,17825,625,8305,582,2183,049,924-100,477,147145,123,353
Other Short Term Loans -13,401,8196,806,76210,815,306-6,143,9418,106,750-689,165-64,260,87064,950,035-9,668,242-12,412,05222,080,294
Long term loans-4,736,443-6,924,90534,675,316-160-942,5501,004,693-87,921-18,280,76718,368,688
Hire Purchase and Lease Commitments
other long term liabilities-4,513,450-11,767,556-7,567,128-5,108,738-14,296,68843,253,560-9,616,155-4,808,07714,424,232
share issue10,962,445-60,895,11433,729,78822,844,708-9,590,567821,04610,765,02511,393,9144,451,83217,480-5,528,801-27,585-213,48121,606,685
interest14,531,8283,890,198-984,8031,265,495-1,859,198330,384-2,675,408-4,045,293-3,320,477-2,942,614-2,768,992-2,021,942-779,711-2,324,706-5,004,864
cash flow from financing-23,939,038-81,684,031103,547,77926,772,43416,559,442-66,869,264-106,297,0222,424,088205,173,551-38,575,75217,328,037-15,751,706-14,949,916-66,510,808161,725,174
cash and cash equivalents
cash-805,827-1,350,3932,383,522-1,267,0521,753,338-19,876-452,514569,34050,0047,148-1,179,1431,187,5357,212
overdraft-18,41810,405-16,027-154,579178,619
change in cash-805,827-1,350,3932,383,522-1,267,0521,753,338-19,876-452,514569,34050,0047,148-1,160,7251,177,13016,027161,791-178,619

ball beverage packaging europe limited Credit Report and Business Information

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High Risk20 - 30
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Ball Beverage Packaging Europe Limited Competitor Analysis

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Perform a competitor analysis for ball beverage packaging europe limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mega companies, companies in LU1 area or any other competitors across 12 key performance metrics.

ball beverage packaging europe limited Ownership

BALL BEVERAGE PACKAGING EUROPE LIMITED group structure

Ball Beverage Packaging Europe Limited has no subsidiary companies.

Ultimate parent company

BALL CORP

#0062429

2 parents

BALL BEVERAGE PACKAGING EUROPE LIMITED

02554348

BALL BEVERAGE PACKAGING EUROPE LIMITED Shareholders

rexam uk holdings limited 100%

ball beverage packaging europe limited directors

Ball Beverage Packaging Europe Limited currently has 4 directors. The longest serving directors include Mr Richard Peachey (Dec 2007) and Mr Philip Hocken (Jan 2014).

officercountryagestartendrole
Mr Richard PeacheyEngland60 years Dec 2007- Director
Mr Philip HockenEngland47 years Jan 2014- Director
Mr Ronald LewisEngland58 years Sep 2019- Director
Dr Mandy GlewEngland53 years Mar 2024- Director

P&L

December 2023

turnover

2.3b

0%

operating profit

61.8m

-48%

gross margin

14%

-1.54%

turnover

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

Balance Sheet

December 2023

net assets

474m

+0.17%

total assets

1.3b

-0.06%

cash

883.3k

-0.48%

net assets

Total assets minus all liabilities

ball beverage packaging europe limited company details

company number

02554348

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

November 1990

age

35

incorporated

UK

ultimate parent company

BALL CORP

accounts

Full Accounts

last accounts submitted

December 2023

previous names

rexam beverage can europe limited (September 2016)

ball beverage packaging europe ltd (July 2016)

See more

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

100 capability green, luton, bedfordshire, LU1 3LG

Bank

BARCLAYS BANK PLC

Legal Advisor

-

ball beverage packaging europe 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 ball beverage packaging europe limited.

ball beverage packaging europe limited Capital Raised & Share Issues BETA

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ball beverage packaging europe limited Companies House Filings - See Documents

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