pola minerals limited

5

pola minerals limited Company Information

Share POLA MINERALS LIMITED
Live 
MatureMidLow

Company Number

02762340

Registered Address

ninth avenue east team valley, gateshead, tyne and wear, NE11 0EJ

Industry

Non-specialised wholesale trade

 

Telephone

01914914869

Next Accounts Due

September 2024

Group Structure

View All

Directors

David Winters31 Years

Pamela Winters1 Years

Shareholders

pola minerals (holdings) ltd 100%

pola minerals limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of POLA MINERALS LIMITED at £1.7m based on a Turnover of £5.4m and 0.31x industry multiple (adjusted for size and gross margin).

pola minerals limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of POLA MINERALS LIMITED at £3.1m based on an EBITDA of £925.9k and a 3.31x industry multiple (adjusted for size and gross margin).

pola minerals limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of POLA MINERALS LIMITED at £4.6m based on Net Assets of £3m and 1.51x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2022 

Pola Minerals Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Pola Minerals Limited Overview

Pola Minerals Limited is a live company located in tyne and wear, NE11 0EJ with a Companies House number of 02762340. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 1992, it's largest shareholder is pola minerals (holdings) ltd with a 100% stake. Pola Minerals Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.4m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Pola Minerals Limited Health Check

Pomanda's financial health check has awarded Pola Minerals Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £5.4m, make it smaller than the average company (£14.6m)

£5.4m - Pola Minerals Limited

£14.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.2%)

2% - Pola Minerals Limited

4.2% - Industry AVG

production

Production

with a gross margin of 28.1%, this company has a comparable cost of product (28.1%)

28.1% - Pola Minerals Limited

28.1% - Industry AVG

profitability

Profitability

an operating margin of 15.7% make it more profitable than the average company (5.9%)

15.7% - Pola Minerals Limited

5.9% - Industry AVG

employees

Employees

with 17 employees, this is below the industry average (40)

17 - Pola Minerals Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)

£42.1k - Pola Minerals Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £319.3k, this is equally as efficient (£356.9k)

£319.3k - Pola Minerals Limited

£356.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is near the average (53 days)

47 days - Pola Minerals Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 85 days, this is slower than average (35 days)

85 days - Pola Minerals Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 118 days, this is more than average (79 days)

118 days - Pola Minerals Limited

79 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (15 weeks)

62 weeks - Pola Minerals Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (47.9%)

34.8% - Pola Minerals Limited

47.9% - Industry AVG

pola minerals 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 pola minerals limited. Get real-time insights into pola minerals limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Pola Minerals Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for pola minerals limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

pola minerals limited Ownership

POLA MINERALS LIMITED group structure

Pola Minerals Limited has no subsidiary companies.

Ultimate parent company

2 parents

POLA MINERALS LIMITED

02762340

POLA MINERALS LIMITED Shareholders

pola minerals (holdings) ltd 100%

pola minerals limited directors

Pola Minerals Limited currently has 2 directors. The longest serving directors include Mr David Winters (Nov 1992) and Mrs Pamela Winters (Mar 2023).

officercountryagestartendrole
Mr David Winters67 years Nov 1992- Director
Mrs Pamela Winters42 years Mar 2023- Director

POLA MINERALS LIMITED financials

EXPORTms excel logo

Pola Minerals Limited's latest turnover from December 2022 is estimated at £5.4 million and the company has net assets of £3 million. According to their latest financial statements, Pola Minerals Limited has 17 employees and maintains cash reserves of £1.9 million 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
Turnover5,427,9505,948,1565,297,4645,118,0505,303,1085,372,5944,682,8224,736,9737,086,1016,735,2088,064,0847,996,5887,320,1390
Other Income Or Grants00000000000000
Cost Of Sales3,905,1334,303,1103,858,6313,722,1743,883,1473,899,8613,360,2413,392,0245,116,0414,848,6925,804,2215,783,5185,250,3930
Gross Profit1,522,8171,645,0451,438,8331,395,8761,419,9611,472,7331,322,5811,344,9491,970,0611,886,5162,259,8642,213,0712,069,7460
Admin Expenses672,5361,551,0951,073,6021,344,5211,341,7311,621,5171,287,4131,366,8351,881,7121,663,1251,956,0281,697,5991,793,480-1,485,920
Operating Profit850,28193,950365,23151,35578,230-148,78435,168-21,88688,349223,391303,836515,472276,2661,485,920
Interest Payable01,2213,8157,38710,55313,21015,26724,68228,49039,01549,75130,79617,82210,080
Interest Receivable48,7772,2576053,7124,2132,5941,1161,6451,019304408428415288
Pre-Tax Profit899,05894,986362,02247,68071,890-159,40021,016-44,92360,878184,681254,493485,104258,8601,476,128
Tax-170,821-18,047-68,784-9,059-13,6590-4,2030-12,784-42,477-61,078-126,127-72,481-413,316
Profit After Tax728,23776,939293,23838,62158,231-159,40016,813-44,92348,094142,204193,415358,977186,3791,062,812
Dividends Paid00000000000000
Retained Profit728,23776,939293,23838,62158,231-159,40016,813-44,92348,094142,204193,415358,977186,3791,062,812
Employee Costs715,877722,277639,491598,716623,258577,407564,258515,576809,603809,239964,711951,408901,9610
Number Of Employees171817161716161524242929280
EBITDA*925,852165,222416,26795,848136,540-69,403114,54948,365152,589295,267384,137556,854314,5961,525,613

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets580,484620,787573,287452,827440,300498,610577,991657,372619,817684,057755,933831,70384,060113,030
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)0000100,000000000000
Total Fixed Assets580,484620,787573,287452,827540,300498,610577,991657,372619,817684,057755,933831,70384,060113,030
Stock & work in progress1,266,3451,174,8241,446,4551,776,6581,139,3481,289,4551,161,8641,475,8711,675,9211,745,6732,013,3231,641,8821,334,231946,636
Trade Debtors710,723776,094595,314458,849759,232862,232843,261753,5091,061,635961,3741,170,2751,254,8141,260,0841,078,484
Group Debtors26,62626,62726,62726,62726,62726,62726,62726,627000000
Misc Debtors182,196404,69699,42191,027187,895122,08893,32370,095000000
Cash1,851,532935,721870,173340,512649,324474,042563,511328,972329,09578,64242,934120,17950,907115,152
misc current assets00000000000000
total current assets4,037,4223,317,9623,037,9902,693,6732,762,4262,774,4442,688,5862,655,0743,066,6512,785,6893,226,5323,016,8752,645,2222,140,272
total assets4,617,9063,938,7493,611,2773,146,5003,302,7263,273,0543,266,5773,312,4463,686,4683,469,7463,982,4653,848,5782,729,2822,253,302
Bank overdraft00000046,900261,859235,72870,267465,764306,814238,195310,163
Bank loan0039,08346,90046,90046,90000000000
Trade Creditors 914,3691,117,872910,889891,279888,910849,137519,559535,9411,185,0001,109,9301,282,3531,407,3441,219,144837,453
Group/Directors Accounts2,7762,7762,7762,7762,7762,7762,7762,776000000
other short term finances00000000000000
hp & lease commitments14,63616,58215,5440013,61532,67629,953018,34835,20940,91810,75226,880
other current liabilities606,492434,558364,991243,510402,835407,902676,290457,461000000
total current liabilities1,538,2731,571,7881,333,2831,184,4651,341,4211,320,3301,278,2011,287,9901,420,7281,198,5451,783,3261,755,0761,468,0911,174,496
loans00039,08385,983132,884179,7840261,859308,758355,658402,55800
hp & lease commitments014,73331,48200013,61549,0140018,34854,69900
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions67,99668,82840,0519,7297203,469018,85306,65611,55016,07703,994
total long term liabilities67,99683,56171,53348,81286,703136,353193,39967,867261,859315,414385,556473,33403,994
total liabilities1,606,2691,655,3491,404,8161,233,2771,428,1241,456,6831,471,6001,355,8571,682,5871,513,9592,168,8822,228,4101,468,0911,178,490
net assets3,011,6372,283,4002,206,4611,913,2231,874,6021,816,3711,794,9771,956,5892,003,8811,955,7871,813,5831,620,1681,261,1911,074,812
total shareholders funds3,011,6372,283,4002,206,4611,913,2231,874,6021,816,3711,794,9771,956,5892,003,8811,955,7871,813,5831,620,1681,261,1911,074,812
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit850,28193,950365,23151,35578,230-148,78435,168-21,88688,349223,391303,836515,472276,2661,485,920
Depreciation75,57171,27251,03644,49358,31079,38179,38170,25164,24071,87680,30141,38238,33039,693
Amortisation00000000000000
Tax-170,821-18,047-68,784-9,059-13,6590-4,2030-12,784-42,477-61,078-126,127-72,481-413,316
Stock91,521-271,631-330,203637,310-150,107127,591-314,007-200,050-69,752-267,650371,441307,651387,595946,636
Debtors-287,872486,055144,859-497,25162,80747,736112,980-211,404100,261-208,901-84,539-5,270181,6001,078,484
Creditors-203,503206,98319,6102,36939,773329,578-16,382-649,05975,070-172,423-124,991188,200381,691837,453
Accruals and Deferred Income171,93469,567121,481-159,325-5,067-268,388218,829457,461000000
Deferred Taxes & Provisions-83228,77730,3229,009-2,7493,469-18,85318,853-6,656-4,894-4,52716,077-3,9943,994
Cash flow from operations918,981238,078704,240-201,217242,138-180,071494,967287,074177,710552,024-93,361332,62350,617-71,376
Investing Activities
capital expenditure-35,268-118,772-171,496-57,020000-107,80600-4,531-789,025-9,360-152,723
Change in Investments00000000000000
cash flow from investments-35,268-118,772-171,496-57,020000-107,80600-4,531-789,025-9,360-152,723
Financing Activities
Bank loans0-39,083-7,8170046,90000000000
Group/Directors Accounts00000002,776000000
Other Short Term Loans 00000000000000
Long term loans00-39,083-46,900-46,901-46,900179,784-261,859-46,899-46,900-46,900402,55800
Hire Purchase and Lease Commitments-16,679-15,71147,0260-13,615-32,676-32,67678,967-18,348-35,209-42,06084,865-16,12826,880
other long term liabilities00000000000000
share issue00000180,794-178,425-2,3690000012,000
interest48,7771,036-3,210-3,675-6,340-10,616-14,151-23,037-27,471-38,711-49,343-30,368-17,407-9,792
cash flow from financing32,098-53,758-3,084-50,575-66,856137,502-45,468-205,522-92,718-120,820-138,303457,055-33,53529,088
cash and cash equivalents
cash915,81165,548529,661-308,812175,282-89,469234,539-123250,45335,708-77,24569,272-64,245115,152
overdraft00000-46,900-214,95926,131165,461-395,497158,95068,619-71,968310,163
change in cash915,81165,548529,661-308,812175,282-42,569449,498-26,25484,992431,205-236,1956537,723-195,011

P&L

December 2022

turnover

5.4m

-9%

operating profit

850.3k

0%

gross margin

28.1%

+1.44%

turnover

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

Balance Sheet

December 2022

net assets

3m

+0.32%

total assets

4.6m

+0.17%

cash

1.9m

+0.98%

net assets

Total assets minus all liabilities

pola minerals limited company details

company number

02762340

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

November 1992

age

32

accounts

Small Company

ultimate parent company

previous names

noticestyle limited (November 1992)

incorporated

UK

address

ninth avenue east team valley, gateshead, tyne and wear, NE11 0EJ

last accounts submitted

December 2022

pola minerals 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 4 charges/mortgages relating to pola minerals limited. Currently there are 3 open charges and 1 have been satisfied in the past.

charges

pola minerals limited Companies House Filings - See Documents

datedescriptionview/download