avocado research chemicals limitedEstimated Valuation
£15.3m
Pomanda estimates the enterprise value of AVOCADO RESEARCH CHEMICALS LIMITED at £15.3m based on a Turnover of £23.6m and 0.65x industry multiple (adjusted for size and gross margin).
avocado research chemicals limitedEstimated Valuation
£9.7m
Pomanda estimates the enterprise value of AVOCADO RESEARCH CHEMICALS LIMITED at £9.7m based on an EBITDA of £2.2m and a 4.5x industry multiple (adjusted for size and gross margin).
avocado research chemicals limitedEstimated Valuation
£26.6m
Pomanda estimates the enterprise value of AVOCADO RESEARCH CHEMICALS LIMITED at £26.6m based on Net Assets of £16.6m and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Avocado Research Chemicals LimitedOverview
Avocado Research Chemicals Limited is a live company located in cheshire, WA14 2DT with a Companies House number of 02682211. It operates in the manufacture of other inorganic basic chemicals sector, SIC Code 20130. Founded in January 1992, it's largest shareholder is
thermo fisher (heysham) limited
with a 100% stake. Avocado Research Chemicals Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£23.6m with
low
growth in recent years.
Pomanda's financial health check has awarded Avocado Research Chemicals Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
1 Regular
4 Weak
Size
annual sales of £23.6m, make it smaller than the average company (£39.9m)
£23.6m - Avocado Research Chemicals Limited
£39.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.6%)
1% - Avocado Research Chemicals Limited
8.6% - Industry AVG
Production
with a gross margin of 22.9%, this company has a comparable cost of product (20.1%)
22.9% - Avocado Research Chemicals Limited
20.1% - Industry AVG
Profitability
an operating margin of 6.3% make it more profitable than the average company (5.1%)
6.3% - Avocado Research Chemicals Limited
5.1% - Industry AVG
Employees
with 129 employees, this is above the industry average (81)
129 - Avocado Research Chemicals Limited
81 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has a lower pay structure (£63.4k)
£49.8k - Avocado Research Chemicals Limited
£63.4k - Industry AVG
Efficiency
resulting in sales per employee of £183.1k, this is less efficient (£493.4k)
£183.1k - Avocado Research Chemicals Limited
£493.4k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (45 days)
24 days - Avocado Research Chemicals Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (27 days)
31 days - Avocado Research Chemicals Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 216 days, this is more than average (53 days)
216 days - Avocado Research Chemicals Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is more cash available to meet short term requirements (7 weeks)
9 weeks - Avocado Research Chemicals Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.1%, this is a lower level of debt than the average (47.1%)
27.1% - Avocado Research Chemicals Limited
47.1% - Industry AVG
AVOCADO RESEARCH CHEMICALS LIMITED financials
EXPORT
Avocado Research Chemicals Limited's latest turnover from December 2023 is £23.6 million and the company has net assets of £16.6 million. According to their latest financial statements, Avocado Research Chemicals Limited has 129 employees and maintains cash reserves of £1.1 million 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
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
23,616,000
25,791,000
24,288,000
22,681,000
22,943,000
23,615,000
24,345,000
17,192,000
20,873,000
20,756,000
20,703,000
19,689,000
19,460,000
20,493,000
17,545,000
Other Income Or Grants
Cost Of Sales
18,209,000
20,921,000
20,487,000
18,391,000
17,258,000
17,124,000
18,327,000
17,132,000
14,198,000
14,172,000
13,479,000
12,643,000
13,058,000
14,050,000
11,569,000
Gross Profit
5,407,000
4,870,000
3,801,000
4,290,000
5,685,000
6,491,000
6,018,000
60,000
6,675,000
6,584,000
7,224,000
7,046,000
6,402,000
6,443,000
5,976,000
Admin Expenses
3,916,000
4,783,000
3,942,000
3,511,000
3,192,000
3,264,000
2,998,000
2,544,000
3,541,000
1,606,000
3,900,000
2,882,000
2,344,000
2,737,000
2,290,000
Operating Profit
1,491,000
87,000
-141,000
779,000
2,493,000
3,227,000
3,020,000
-2,484,000
3,134,000
4,978,000
3,324,000
4,164,000
4,058,000
3,706,000
3,686,000
Interest Payable
1,000
42,000
3,000
190,000
526,000
510,000
610,000
478,000
47,000
101,000
Interest Receivable
2,000
20,000
13,241
Pre-Tax Profit
1,490,000
45,000
-144,000
781,000
2,513,000
3,227,000
3,016,000
-2,484,000
2,733,000
4,452,000
2,814,000
3,554,000
3,580,000
3,659,000
3,585,000
Tax
-348,000
-169,000
130,000
188,000
8,000
7,000
19,000
94,000
-10,000
-39,000
-40,000
-7,000
-656,000
-1,125,000
-804,000
Profit After Tax
1,142,000
-124,000
-14,000
969,000
2,521,000
3,234,000
3,035,000
-2,390,000
2,723,000
4,413,000
2,774,000
3,547,000
2,924,000
2,534,000
2,781,000
Dividends Paid
2,500,000
7,500,000
8,500,000
4,413,000
2,774,000
3,547,000
2,924,000
7,637,000
20,000,000
Retained Profit
-1,358,000
-124,000
-7,514,000
969,000
-5,979,000
3,234,000
3,035,000
-2,390,000
-1,690,000
1,639,000
-773,000
623,000
-4,713,000
-17,466,000
2,781,000
Employee Costs
6,427,000
6,617,000
5,672,000
4,980,000
5,138,000
5,051,000
4,872,000
3,890,000
4,741,000
4,525,000
4,422,000
4,030,000
4,042,000
3,964,000
3,755,000
Number Of Employees
129
140
125
128
126
124
122
130
136
136
127
124
124
121
125
EBITDA*
2,156,000
803,000
499,000
1,562,000
3,230,000
3,823,000
3,731,000
-1,956,000
3,724,000
5,560,000
3,887,000
4,751,000
4,717,000
4,414,000
4,254,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
5,245,000
5,079,000
5,366,000
5,704,000
5,847,000
6,030,000
6,242,000
6,216,000
6,937,000
6,801,000
6,621,000
6,825,000
6,668,000
7,126,000
7,633,000
Intangible Assets
246,000
287,000
271,000
248,000
81,000
68,000
169,000
334,000
118,000
126,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,491,000
5,366,000
5,637,000
5,952,000
5,928,000
6,098,000
6,411,000
6,550,000
7,055,000
6,927,000
6,621,000
6,825,000
6,668,000
7,126,000
7,633,000
Stock & work in progress
10,777,000
11,354,000
9,502,000
9,240,000
9,633,000
9,129,000
9,341,000
9,197,000
13,194,000
13,420,000
13,781,000
13,769,000
13,016,000
12,066,000
12,205,000
Trade Debtors
1,553,000
2,287,000
2,789,000
2,085,000
1,997,000
1,283,000
3,288,000
1,789,000
2,570,000
1,559,000
1,714,000
1,624,000
1,321,000
2,313,000
2,049,000
Group Debtors
3,135,000
4,373,000
4,835,000
9,969,000
6,783,000
9,083,000
6,574,000
2,299,000
2,992,000
1,343,000
1,245,000
2,132,000
1,342,000
1,135,000
Misc Debtors
645,000
932,000
895,000
1,079,000
856,000
650,000
457,000
392,000
484,000
263,000
194,000
343,000
362,000
82,000
Cash
1,149,000
1,407,000
305,000
1,151,000
2,465,000
1,436,000
2,095,000
2,158,000
3,640,000
3,027,000
6,688,000
1,763,000
9,816,000
4,241,000
8,077,000
misc current assets
total current assets
17,259,000
20,353,000
18,326,000
23,524,000
21,734,000
26,446,000
24,457,000
20,175,000
22,095,000
21,482,000
23,789,000
18,595,000
26,628,000
20,324,000
23,548,000
total assets
22,750,000
25,719,000
23,963,000
29,476,000
27,662,000
32,544,000
30,868,000
26,725,000
29,150,000
28,409,000
30,410,000
25,420,000
33,296,000
27,450,000
31,181,000
Bank overdraft
205,000
Bank loan
Trade Creditors
1,577,000
2,021,000
1,720,000
2,181,000
1,351,000
1,133,000
2,341,000
2,047,000
2,018,000
803,000
984,000
1,407,000
883,000
1,066,000
756,000
Group/Directors Accounts
3,553,000
4,791,000
3,202,000
1,183,000
1,632,000
1,535,000
783,000
598,000
22,255,000
25,925,000
19,527,000
27,772,000
16,693,000
3,689,000
other short term finances
967,000
hp & lease commitments
other current liabilities
1,040,000
1,167,000
1,384,000
956,000
588,000
505,000
546,000
571,000
879,000
692,000
922,000
1,701,000
2,013,000
1,324,000
total current liabilities
6,170,000
7,979,000
6,306,000
4,320,000
3,571,000
2,565,000
4,381,000
3,376,000
3,187,000
23,937,000
27,601,000
21,856,000
30,356,000
19,772,000
5,974,000
loans
hp & lease commitments
Accruals and Deferred Income
43,000
other liabilities
provisions
224,000
19,000
1,000
25,000
88,000
total long term liabilities
224,000
43,000
19,000
1,000
25,000
88,000
total liabilities
6,170,000
7,979,000
6,306,000
4,320,000
3,571,000
2,565,000
4,381,000
3,376,000
3,411,000
23,980,000
27,620,000
21,857,000
30,356,000
19,797,000
6,062,000
net assets
16,580,000
17,740,000
17,657,000
25,156,000
24,091,000
29,979,000
26,487,000
23,349,000
25,739,000
4,429,000
2,790,000
3,563,000
2,940,000
7,653,000
25,119,000
total shareholders funds
16,580,000
17,740,000
17,657,000
25,156,000
24,091,000
29,979,000
26,487,000
23,349,000
25,739,000
4,429,000
2,790,000
3,563,000
2,940,000
7,653,000
25,119,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
1,491,000
87,000
-141,000
779,000
2,493,000
3,227,000
3,020,000
-2,484,000
3,134,000
4,978,000
3,324,000
4,164,000
4,058,000
3,706,000
3,686,000
Depreciation
601,000
659,000
640,000
640,000
617,000
596,000
546,000
408,000
510,000
582,000
563,000
587,000
659,000
708,000
568,000
Amortisation
64,000
57,000
143,000
120,000
165,000
120,000
80,000
Tax
-348,000
-169,000
130,000
188,000
8,000
7,000
19,000
94,000
-10,000
-39,000
-40,000
-7,000
-656,000
-1,125,000
-804,000
Stock
-577,000
1,852,000
262,000
-393,000
504,000
-212,000
144,000
-4,223,000
-226,000
-361,000
12,000
753,000
950,000
-139,000
12,205,000
Debtors
-2,259,000
-927,000
-4,614,000
3,497,000
8,353,000
-11,738,000
4,201,000
3,785,000
226,000
1,715,000
257,000
-733,000
-221,000
751,000
3,266,000
Creditors
-444,000
301,000
-461,000
830,000
218,000
-1,208,000
294,000
1,244,000
1,215,000
-181,000
-423,000
524,000
-183,000
310,000
756,000
Accruals and Deferred Income
-127,000
-217,000
428,000
368,000
588,000
-505,000
-41,000
-376,000
-351,000
230,000
-230,000
-779,000
-312,000
689,000
1,324,000
Deferred Taxes & Provisions
224,000
-19,000
18,000
1,000
-25,000
-63,000
88,000
Cash flow from operations
4,073,000
-207,000
4,948,000
-156,000
-4,813,000
14,067,000
-342,000
-556,000
4,802,000
4,197,000
2,943,000
4,470,000
2,812,000
3,613,000
-9,853,000
Investing Activities
capital expenditure
-790,000
-445,000
-325,000
-807,000
-567,000
-283,000
-572,000
-151,000
-718,000
-888,000
-359,000
-744,000
-201,000
-201,000
-8,201,000
Change in Investments
cash flow from investments
-790,000
-445,000
-325,000
-807,000
-567,000
-283,000
-572,000
-151,000
-718,000
-888,000
-359,000
-744,000
-201,000
-201,000
-8,201,000
Financing Activities
Bank loans
Group/Directors Accounts
-1,238,000
1,589,000
2,019,000
-449,000
1,632,000
-1,535,000
752,000
-21,472,000
-21,657,000
-3,670,000
6,398,000
-8,245,000
11,079,000
13,004,000
3,689,000
Other Short Term Loans
-967,000
967,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
198,000
207,000
15,000
96,000
91,000
258,000
103,000
21,310,000
23,000,000
22,338,000
interest
-1,000
-42,000
-3,000
2,000
20,000
13,241
-190,000
-526,000
-510,000
-610,000
-478,000
-47,000
-101,000
cash flow from financing
-1,041,000
1,754,000
2,031,000
-351,000
776,000
-296,759
855,000
-162,000
1,153,000
-4,196,000
5,888,000
-8,855,000
10,601,000
12,957,000
25,926,000
cash and cash equivalents
cash
-258,000
1,102,000
-846,000
-1,314,000
1,029,000
-659,000
-63,000
-869,000
613,000
-3,661,000
4,925,000
-8,053,000
5,575,000
-3,836,000
8,077,000
overdraft
-205,000
205,000
change in cash
-258,000
1,102,000
-846,000
-1,314,000
1,029,000
-659,000
-63,000
-869,000
613,000
-3,661,000
4,925,000
-8,053,000
5,575,000
-3,631,000
7,872,000
avocado research chemicals limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for avocado research chemicals limited. Get real-time insights into avocado research chemicals limited's credit score, group structure and payment trends.
Avocado Research Chemicals Limited Competitor Analysis
Perform a competitor analysis for avocado research chemicals limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in WA14 area or any other competitors across 12 key performance metrics.
avocado research chemicals limited Ownership
AVOCADO RESEARCH CHEMICALS LIMITED group structure
Avocado Research Chemicals Limited has no subsidiary companies.
The sole shareholder of Avocado Research Chemicals Limited is Thermo Fisher (Heysham) Limited.
thermo fisher (heysham) limited
100%
avocado research chemicals limited directors
Avocado Research Chemicals Limited currently has 5 directors.
The longest serving directors include
Mr Euan Cameron (Oct 2018) and
Mr Anthony Smith (Nov 2018).
avocado research chemicals 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 3 charges/mortgages relating to avocado research chemicals limited. Currently there are 0 open charges and 3 have been satisfied in the past.
avocado research chemicals 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.
Click to start generating capital raising & share issue transactions for AVOCADO RESEARCH CHEMICALS LIMITED. This can take several minutes, an email will notify you when this has completed.
avocado research chemicals limitedCompanies House Filings - See Documents
