philip tyler polymers limited Company Information
Company Number
02877316
Registered Address
globe house love lane, cirencester, gloucestershire, GL7 1YG
Industry
Manufacture of other plastic products
Telephone
01285885330
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
philip tyler plastics limited 100%
philip tyler polymers limited Estimated Valuation
Pomanda estimates the enterprise value of PHILIP TYLER POLYMERS LIMITED at £3.3m based on a Turnover of £7.9m and 0.42x industry multiple (adjusted for size and gross margin).
philip tyler polymers limited Estimated Valuation
Pomanda estimates the enterprise value of PHILIP TYLER POLYMERS LIMITED at £2.4m based on an EBITDA of £743.8k and a 3.24x industry multiple (adjusted for size and gross margin).
philip tyler polymers limited Estimated Valuation
Pomanda estimates the enterprise value of PHILIP TYLER POLYMERS LIMITED at £830.4k based on Net Assets of £1.7m and 0.5x industry multiple (adjusted for liquidity).
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Philip Tyler Polymers Limited Overview
Philip Tyler Polymers Limited is a live company located in gloucestershire, GL7 1YG with a Companies House number of 02877316. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in December 1993, it's largest shareholder is philip tyler plastics limited with a 100% stake. Philip Tyler Polymers Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with healthy growth in recent years.
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Philip Tyler Polymers Limited Health Check
Pomanda's financial health check has awarded Philip Tyler Polymers Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £7.9m, make it smaller than the average company (£14.9m)
- Philip Tyler Polymers Limited
£14.9m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.3%)
- Philip Tyler Polymers Limited
6.3% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
- Philip Tyler Polymers Limited
26.7% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 9.3% make it more profitable than the average company (6.1%)
- Philip Tyler Polymers Limited
6.1% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 12 employees, this is below the industry average (93)
12 - Philip Tyler Polymers Limited
93 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Philip Tyler Polymers Limited
£36.2k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £657.9k, this is more efficient (£163.4k)
- Philip Tyler Polymers Limited
£163.4k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 94 days, this is later than average (55 days)
- Philip Tyler Polymers Limited
55 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 103 days, this is slower than average (41 days)
- Philip Tyler Polymers Limited
41 days - Industry AVG
![stockdays](/assets/images/scoreRate1.png)
Stock Days
it holds stock equivalent to 51 days, this is in line with average (60 days)
- Philip Tyler Polymers Limited
60 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (12 weeks)
21 weeks - Philip Tyler Polymers Limited
12 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 57.8%, this is a higher level of debt than the average (43.1%)
57.8% - Philip Tyler Polymers Limited
43.1% - Industry AVG
PHILIP TYLER POLYMERS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Philip Tyler Polymers Limited's latest turnover from March 2023 is estimated at £7.9 million and the company has net assets of £1.7 million. According to their latest financial statements, Philip Tyler Polymers Limited has 12 employees and maintains cash reserves of £961.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 12 | 12 | 12 | 11 | 12 | 10 | 11 | 11 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 99,481 | 58,209 | 73,063 | 86,253 | 102,246 | 127,662 | 148,824 | 182,040 | 157,732 | 61,520 | 77,335 | 71,885 | 62,827 | 69,481 |
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 | 99,481 | 58,209 | 73,063 | 86,253 | 102,246 | 127,662 | 148,824 | 182,040 | 157,732 | 61,520 | 77,335 | 71,885 | 62,827 | 69,481 |
Stock & work in progress | 814,495 | 745,298 | 465,482 | 628,446 | 757,169 | 796,204 | 660,118 | 484,757 | 530,203 | 473,748 | 460,606 | 453,907 | 322,084 | 243,900 |
Trade Debtors | 2,043,970 | 2,057,168 | 1,626,757 | 1,396,072 | 2,266,924 | 2,037,733 | 2,056,001 | 1,696,869 | 1,588,242 | 1,928,366 | 1,855,374 | 1,566,259 | 2,335,749 | 2,112,718 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 58,639 | 44,172 | 70,172 | 39,053 | 51,360 | 256,736 | 197,216 | 121,714 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 961,178 | 510,877 | 499,974 | 431,654 | 223,865 | 371,048 | 316,804 | 188,547 | 345,387 | 284,126 | 292,742 | 350,978 | 22,556 | 210,991 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,878,282 | 3,357,515 | 2,662,385 | 2,495,225 | 3,299,318 | 3,461,721 | 3,230,139 | 2,491,887 | 2,463,832 | 2,686,240 | 2,608,722 | 2,371,144 | 2,680,389 | 2,567,609 |
total assets | 3,977,763 | 3,415,724 | 2,735,448 | 2,581,478 | 3,401,564 | 3,589,383 | 3,378,963 | 2,673,927 | 2,621,564 | 2,747,760 | 2,686,057 | 2,443,029 | 2,743,216 | 2,637,090 |
Bank overdraft | 0 | 0 | 0 | 0 | 320,315 | 0 | 210,158 | 152,539 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,642,357 | 1,386,035 | 1,420,721 | 1,384,295 | 1,889,866 | 2,510,187 | 2,168,984 | 1,496,816 | 2,146,708 | 2,294,316 | 2,285,482 | 2,065,850 | 2,427,500 | 2,402,256 |
Group/Directors Accounts | 14,000 | 14,000 | 14,000 | 20,000 | 20,000 | 70,000 | 120,000 | 295,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 620,781 | 951,822 | 322,794 | 257,913 | 304,036 | 245,305 | 251,637 | 208,412 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,277,138 | 2,351,857 | 1,757,515 | 1,662,208 | 2,534,217 | 2,825,492 | 2,750,779 | 2,152,767 | 2,146,708 | 2,294,316 | 2,285,482 | 2,065,850 | 2,427,500 | 2,402,256 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 23,043 | 13,303 | 12,581 | 12,581 | 12,581 | 12,581 | 12,581 | 12,581 | 12,581 | 8,723 | 4,882 | 4,882 | 4,882 | 4,882 |
total long term liabilities | 23,043 | 13,303 | 12,581 | 12,581 | 12,581 | 12,581 | 12,581 | 12,581 | 12,581 | 8,723 | 4,882 | 4,882 | 4,882 | 4,882 |
total liabilities | 2,300,181 | 2,365,160 | 1,770,096 | 1,674,789 | 2,546,798 | 2,838,073 | 2,763,360 | 2,165,348 | 2,159,289 | 2,303,039 | 2,290,364 | 2,070,732 | 2,432,382 | 2,407,138 |
net assets | 1,677,582 | 1,050,564 | 965,352 | 906,689 | 854,766 | 751,310 | 615,603 | 508,579 | 462,275 | 444,721 | 395,693 | 372,297 | 310,834 | 229,952 |
total shareholders funds | 1,677,582 | 1,050,564 | 965,352 | 906,689 | 854,766 | 751,310 | 615,603 | 508,579 | 462,275 | 444,721 | 395,693 | 372,297 | 310,834 | 229,952 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 12,758 | 14,854 | 20,590 | 35,122 | 36,269 | 36,466 | 47,541 | 34,699 | 15,443 | 15,815 | 17,455 | 17,147 | 15,814 | 12,787 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 69,197 | 279,816 | -162,964 | -128,723 | -39,035 | 136,086 | 175,361 | -45,446 | 56,455 | 13,142 | 6,699 | 131,823 | 78,184 | 243,900 |
Debtors | 1,269 | 404,411 | 261,804 | -883,159 | 23,815 | 41,252 | 434,634 | 230,341 | -340,124 | 72,992 | 289,115 | -769,490 | 223,031 | 2,112,718 |
Creditors | 256,322 | -34,686 | 36,426 | -505,571 | -620,321 | 341,203 | 672,168 | -649,892 | -147,608 | 8,834 | 219,632 | -361,650 | 25,244 | 2,402,256 |
Accruals and Deferred Income | -331,041 | 629,028 | 64,881 | -46,123 | 58,731 | -6,332 | 43,225 | 208,412 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 9,740 | 722 | 0 | 0 | 0 | 0 | 0 | 0 | 3,858 | 3,841 | 0 | 0 | 0 | 4,882 |
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 | 0 | 0 | -6,000 | 0 | -50,000 | -50,000 | -175,000 | 295,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 450,301 | 10,903 | 68,320 | 207,789 | -147,183 | 54,244 | 128,257 | -156,840 | 61,261 | -8,616 | -58,236 | 328,422 | -188,435 | 210,991 |
overdraft | 0 | 0 | 0 | -320,315 | 320,315 | -210,158 | 57,619 | 152,539 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 450,301 | 10,903 | 68,320 | 528,104 | -467,498 | 264,402 | 70,638 | -309,379 | 61,261 | -8,616 | -58,236 | 328,422 | -188,435 | 210,991 |
philip tyler polymers limited Credit Report and Business Information
Philip Tyler Polymers Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for philip tyler polymers limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in GL7 area or any other competitors across 12 key performance metrics.
philip tyler polymers limited Ownership
PHILIP TYLER POLYMERS LIMITED group structure
Philip Tyler Polymers Limited has 1 subsidiary company.
Ultimate parent company
1 parent
PHILIP TYLER POLYMERS LIMITED
02877316
1 subsidiary
philip tyler polymers limited directors
Philip Tyler Polymers Limited currently has 3 directors. The longest serving directors include Mr Roger Baynham (Jan 1994) and Mr Jason Campbell-Pughe (Aug 1996).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Roger Baynham | United Kingdom | 63 years | Jan 1994 | - | Director |
Mr Jason Campbell-Pughe | United Kingdom | 63 years | Aug 1996 | - | Director |
Mr Christopher Livingston-Campbell | 52 years | Feb 2021 | - | Director |
P&L
March 2023turnover
7.9m
+14%
operating profit
731k
0%
gross margin
26.7%
-7.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+0.6%
total assets
4m
+0.16%
cash
961.2k
+0.88%
net assets
Total assets minus all liabilities
philip tyler polymers limited company details
company number
02877316
Type
Private limited with Share Capital
industry
22290 - Manufacture of other plastic products
incorporation date
December 1993
age
31
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
nevotik limited (January 1994)
last accounts submitted
March 2023
address
globe house love lane, cirencester, gloucestershire, GL7 1YG
accountant
AZETS AUDIT SERVICES
auditor
-
philip tyler polymers 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 philip tyler polymers limited. Currently there are 2 open charges and 1 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
philip tyler polymers limited Companies House Filings - See Documents
date | description | view/download |
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