the stationery office limited
the stationery office limited Company Information
Company Number
03049649
Next Accounts
Sep 2025
Shareholders
williams lea group limited
Group Structure
View All
Industry
Binding and related services
+1Registered Address
18 central avenue, st. andrews business park, norwich, NR7 0HR
Website
http://wlt.comthe stationery office limited Estimated Valuation
Pomanda estimates the enterprise value of THE STATIONERY OFFICE LIMITED at £29.7m based on a Turnover of £30.7m and 0.97x industry multiple (adjusted for size and gross margin).
the stationery office limited Estimated Valuation
Pomanda estimates the enterprise value of THE STATIONERY OFFICE LIMITED at £20.6m based on an EBITDA of £3.5m and a 5.85x industry multiple (adjusted for size and gross margin).
the stationery office limited Estimated Valuation
Pomanda estimates the enterprise value of THE STATIONERY OFFICE LIMITED at £37.2m based on Net Assets of £13.8m and 2.7x industry multiple (adjusted for liquidity).
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The Stationery Office Limited Overview
The Stationery Office Limited is a live company located in norwich, NR7 0HR with a Companies House number of 03049649. It operates in the binding and related services sector, SIC Code 18140. Founded in April 1995, it's largest shareholder is williams lea group limited with a 100% stake. The Stationery Office Limited is a mature, large sized company, Pomanda has estimated its turnover at £30.7m with declining growth in recent years.
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The Stationery Office Limited Health Check
Pomanda's financial health check has awarded The Stationery Office Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £30.7m, make it larger than the average company (£14m)
£30.7m - The Stationery Office Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (1.3%)
-1% - The Stationery Office Limited
1.3% - Industry AVG
Production
with a gross margin of 49.9%, this company has a comparable cost of product (41.9%)
49.9% - The Stationery Office Limited
41.9% - Industry AVG
Profitability
an operating margin of 9.3% make it as profitable than the average company (8.2%)
9.3% - The Stationery Office Limited
8.2% - Industry AVG
Employees
with 120 employees, this is above the industry average (39)
120 - The Stationery Office Limited
39 - Industry AVG
Pay Structure
on an average salary of £56.5k, the company has an equivalent pay structure (£50.9k)
£56.5k - The Stationery Office Limited
£50.9k - Industry AVG
Efficiency
resulting in sales per employee of £255.6k, this is more efficient (£208.7k)
£255.6k - The Stationery Office Limited
£208.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (48 days)
21 days - The Stationery Office Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (46 days)
34 days - The Stationery Office Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (52 days)
17 days - The Stationery Office Limited
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (15 weeks)
7 weeks - The Stationery Office Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.3%, this is a similar level of debt than the average (46.4%)
50.3% - The Stationery Office Limited
46.4% - Industry AVG
THE STATIONERY OFFICE LIMITED financials
The Stationery Office Limited's latest turnover from December 2023 is £30.7 million and the company has net assets of £13.8 million. According to their latest financial statements, The Stationery Office Limited has 120 employees and maintains cash reserves of £1.4 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 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 30,670,000 | 30,605,000 | 34,971,000 | 31,915,000 | 34,705,000 | 35,757,000 | 35,282,000 | 39,897,000 | 46,160,000 | 47,877,000 | 52,416,000 | 55,200,000 | 59,600,000 | 62,600,000 | 68,700,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 15,359,000 | 14,109,000 | 6,121,000 | 5,469,000 | 5,183,000 | 6,823,000 | 6,592,000 | 9,990,000 | 12,123,000 | 10,723,000 | 12,980,000 | 14,000,000 | 15,300,000 | 18,500,000 | 20,900,000 |
| Gross Profit | 15,311,000 | 16,496,000 | 28,850,000 | 26,446,000 | 29,522,000 | 28,934,000 | 28,690,000 | 29,907,000 | 34,037,000 | 37,154,000 | 39,436,000 | 41,200,000 | 44,300,000 | 44,100,000 | 47,800,000 |
| Admin Expenses | 12,451,000 | 12,719,000 | 24,781,000 | 24,372,000 | 27,676,000 | 24,925,000 | 16,860,000 | 24,912,000 | 26,666,000 | 27,778,000 | 26,487,000 | 25,400,000 | 25,700,000 | 27,200,000 | 27,900,000 |
| Operating Profit | 2,860,000 | 3,777,000 | 4,069,000 | 2,074,000 | 1,846,000 | 4,009,000 | 11,830,000 | 4,995,000 | 7,371,000 | 9,376,000 | 12,949,000 | 15,800,000 | 18,600,000 | 16,900,000 | 19,900,000 |
| Interest Payable | 218,000 | 180,000 | 55,000 | 182,000 | 189,000 | 153,000 | 288,000 | 418,000 | 415,000 | 507,000 | 478,000 | 300,000 | 400,000 | 1,800,000 | 2,300,000 |
| Interest Receivable | 4,313,000 | 2,769,000 | 1,311,000 | 833,000 | 108,000 | 477,000 | 615,000 | 727,000 | 1,920,000 | 1,826,000 | 1,822,000 | 2,900,000 | 2,900,000 | 200,000 | 200,000 |
| Pre-Tax Profit | 6,955,000 | 6,366,000 | 5,325,000 | 2,725,000 | 1,765,000 | 4,333,000 | 12,157,000 | 5,304,000 | 8,876,000 | 25,625,000 | 14,293,000 | 18,600,000 | 20,800,000 | 14,900,000 | 17,800,000 |
| Tax | -582,000 | -193,000 | -296,000 | -391,000 | -1,073,000 | 125,000 | 298,000 | -507,000 | -1,809,000 | -2,526,000 | -3,850,000 | -4,600,000 | -5,800,000 | -2,400,000 | -2,700,000 |
| Profit After Tax | 6,373,000 | 6,173,000 | 5,029,000 | 2,334,000 | 692,000 | 4,458,000 | 12,455,000 | 4,797,000 | 7,067,000 | 23,099,000 | 10,443,000 | 14,000,000 | 15,000,000 | 12,500,000 | 15,100,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 6,373,000 | 6,173,000 | 5,029,000 | 2,334,000 | 692,000 | 4,458,000 | 12,455,000 | 4,797,000 | 7,067,000 | 23,099,000 | 10,443,000 | 14,000,000 | 15,000,000 | 12,500,000 | 15,100,000 |
| Employee Costs | 6,775,000 | 7,051,000 | 7,756,000 | 7,087,000 | 7,889,000 | 8,263,000 | 8,254,000 | 10,211,000 | 12,542,000 | 13,554,000 | 13,161,000 | 13,200,000 | 13,200,000 | 14,400,000 | 15,400,000 |
| Number Of Employees | 120 | 130 | 140 | 367 | 160 | 169 | 186 | 232 | 272 | 289 | 323 | 332 | 350 | 380 | 392 |
| EBITDA* | 3,530,000 | 4,028,000 | 4,795,000 | 2,704,000 | 2,471,000 | 4,045,000 | 12,769,000 | 6,591,000 | 9,283,000 | 11,174,000 | 12,949,000 | 17,100,000 | 19,700,000 | 18,300,000 | 21,500,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 112,000 | 393,000 | 453,000 | 518,000 | 598,000 | 47,000 | 1,000 | 456,000 | 874,000 | 1,408,000 | 1,819,000 | 3,200,000 | 2,500,000 | 2,500,000 | 2,800,000 |
| Intangible Assets | 1,730,000 | 1,023,000 | 493,000 | 737,000 | 1,129,000 | 82,000 | 566,000 | 1,725,000 | 3,011,000 | 4,033,000 | 2,300,000 | 2,900,000 | 3,500,000 | 4,100,000 | |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 1,307,000 | 56,904,000 | 52,926,000 | 53,387,000 | 52,561,000 | 1,429,000 | 1,500,000 | 52,819,000 | 2,267,000 | 2,522,000 | 55,283,000 | 54,600,000 | 86,900,000 | 87,500,000 | 102,000,000 |
| Total Fixed Assets | 3,149,000 | 58,320,000 | 53,872,000 | 54,642,000 | 54,288,000 | 1,476,000 | 1,583,000 | 53,841,000 | 4,866,000 | 6,941,000 | 61,135,000 | 60,100,000 | 92,300,000 | 93,500,000 | 108,900,000 |
| Stock & work in progress | 717,000 | 843,000 | 477,000 | 529,000 | 688,000 | 890,000 | 663,000 | 597,000 | 675,000 | 714,000 | 685,000 | 900,000 | 1,200,000 | 1,400,000 | 1,400,000 |
| Trade Debtors | 1,813,000 | 2,007,000 | 2,907,000 | 2,096,000 | 3,112,000 | 3,152,000 | 3,115,000 | 2,902,000 | 3,503,000 | 4,293,000 | 3,796,000 | 3,900,000 | 4,300,000 | 5,000,000 | 5,500,000 |
| Group Debtors | 19,854,000 | 88,869,000 | 63,804,000 | 83,566,000 | 64,048,000 | 99,058,000 | 83,103,000 | 29,190,000 | 52,363,000 | 151,612,000 | 96,155,000 | 84,200,000 | 82,800,000 | 63,900,000 | |
| Misc Debtors | 811,000 | 554,000 | 725,000 | 488,000 | 861,000 | 1,057,000 | 1,349,000 | 707,000 | 110,701,000 | 892,000 | 1,207,000 | 1,000,000 | 1,500,000 | 2,000,000 | 1,300,000 |
| Cash | 1,414,000 | 1,529,000 | 2,530,000 | 395,000 | 339,000 | 130,000 | 3,483,000 | 56,000 | 133,000 | 44,000 | 68,000 | 200,000 | 100,000 | 54,300,000 | |
| misc current assets | 130,000 | 42,000 | 241,000 | ||||||||||||
| total current assets | 24,609,000 | 93,932,000 | 70,485,000 | 87,074,000 | 69,289,000 | 104,287,000 | 91,713,000 | 33,452,000 | 167,375,000 | 157,555,000 | 101,911,000 | 90,200,000 | 89,900,000 | 72,300,000 | 62,500,000 |
| total assets | 27,758,000 | 152,252,000 | 124,357,000 | 141,716,000 | 123,577,000 | 105,763,000 | 93,296,000 | 87,293,000 | 172,241,000 | 164,496,000 | 163,046,000 | 150,300,000 | 182,200,000 | 165,800,000 | 171,400,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,448,000 | 1,608,000 | 637,000 | 2,510,000 | 1,111,000 | 12,428,000 | 838,000 | 824,000 | 1,131,000 | 1,075,000 | 914,000 | 1,600,000 | 2,200,000 | 3,500,000 | 2,700,000 |
| Group/Directors Accounts | 1,677,000 | 53,747,000 | 28,691,000 | 50,259,000 | 35,963,000 | 6,099,000 | 9,882,000 | 3,625,000 | 3,112,000 | 4,158,000 | 21,031,000 | 16,200,000 | 9,200,000 | 9,900,000 | 6,400,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 100,000 | ||||||||||||||
| other current liabilities | 6,222,000 | 5,946,000 | 9,655,000 | 8,222,000 | 7,738,000 | 8,645,000 | 8,109,000 | 12,045,000 | 12,392,000 | 10,232,000 | 15,124,000 | 17,900,000 | 19,500,000 | 16,000,000 | 19,000,000 |
| total current liabilities | 9,347,000 | 61,301,000 | 38,983,000 | 60,991,000 | 44,812,000 | 27,172,000 | 18,829,000 | 16,494,000 | 16,635,000 | 15,465,000 | 37,069,000 | 35,700,000 | 30,900,000 | 29,400,000 | 28,200,000 |
| loans | 300,000 | 300,000 | 18,300,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 64,000 | 62,000 | 59,000 | 57,000 | 55,000 | 238,000 | 253,000 | 207,000 | 138,000 | 149,000 | 181,000 | 6,800,000 | 7,100,000 | 7,300,000 | 7,600,000 |
| total long term liabilities | 4,624,000 | 4,854,000 | 6,124,000 | 6,777,000 | 6,520,000 | 6,748,000 | 7,052,000 | 14,550,000 | 11,336,000 | 12,337,000 | 11,755,000 | 9,900,000 | 10,100,000 | 9,600,000 | 28,200,000 |
| total liabilities | 13,971,000 | 66,155,000 | 45,107,000 | 67,768,000 | 51,332,000 | 33,920,000 | 25,881,000 | 31,044,000 | 27,971,000 | 27,802,000 | 48,824,000 | 45,600,000 | 41,000,000 | 39,000,000 | 56,400,000 |
| net assets | 13,787,000 | 86,097,000 | 79,250,000 | 73,948,000 | 72,245,000 | 71,843,000 | 67,415,000 | 56,249,000 | 144,270,000 | 136,694,000 | 114,222,000 | 104,700,000 | 141,200,000 | 126,800,000 | 115,000,000 |
| total shareholders funds | 13,787,000 | 86,097,000 | 79,250,000 | 73,948,000 | 72,245,000 | 71,843,000 | 67,415,000 | 56,249,000 | 144,270,000 | 136,694,000 | 114,222,000 | 104,700,000 | 141,200,000 | 126,800,000 | 115,000,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,860,000 | 3,777,000 | 4,069,000 | 2,074,000 | 1,846,000 | 4,009,000 | 11,830,000 | 4,995,000 | 7,371,000 | 9,376,000 | 12,949,000 | 15,800,000 | 18,600,000 | 16,900,000 | 19,900,000 |
| Depreciation | 62,000 | 60,000 | 65,000 | 565,000 | 625,000 | 35,000 | 374,000 | 437,000 | 611,000 | 620,000 | 700,000 | 500,000 | 800,000 | 1,000,000 | |
| Amortisation | 608,000 | 191,000 | 661,000 | 65,000 | 1,000 | 565,000 | 1,159,000 | 1,301,000 | 1,178,000 | 600,000 | 600,000 | 600,000 | 600,000 | ||
| Tax | -582,000 | -193,000 | -296,000 | -391,000 | -1,073,000 | 125,000 | 298,000 | -507,000 | -1,809,000 | -2,526,000 | -3,850,000 | -4,600,000 | -5,800,000 | -2,400,000 | -2,700,000 |
| Stock | -126,000 | 366,000 | -52,000 | -159,000 | -202,000 | 227,000 | 66,000 | -78,000 | -39,000 | 29,000 | -215,000 | -300,000 | -200,000 | 1,400,000 | |
| Debtors | -124,549,000 | 27,972,000 | -19,175,000 | 18,955,000 | 15,886,000 | 15,629,000 | 3,449,000 | -83,216,000 | 9,515,000 | 2,878,000 | 12,741,000 | -31,800,000 | 17,100,000 | 49,600,000 | 108,800,000 |
| Creditors | -160,000 | 971,000 | -1,873,000 | 1,399,000 | -11,317,000 | 11,590,000 | 14,000 | -307,000 | 56,000 | 161,000 | -686,000 | -600,000 | -1,300,000 | 800,000 | 2,700,000 |
| Accruals and Deferred Income | 276,000 | -3,709,000 | 1,433,000 | 484,000 | -907,000 | 536,000 | -3,936,000 | -347,000 | 2,160,000 | -4,892,000 | -2,776,000 | -1,600,000 | 3,500,000 | -3,000,000 | 19,000,000 |
| Deferred Taxes & Provisions | 2,000 | 3,000 | 2,000 | 2,000 | -183,000 | -15,000 | 46,000 | 69,000 | -11,000 | -32,000 | -6,619,000 | -300,000 | -200,000 | -300,000 | 7,600,000 |
| Cash flow from operations | 127,741,000 | -27,238,000 | 23,288,000 | -14,598,000 | -26,693,000 | 425,000 | 5,676,000 | 88,793,000 | 203,000 | 978,000 | 42,100,000 | -1,000,000 | -36,200,000 | -62,100,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -52,070,000 | 25,056,000 | -21,568,000 | 14,296,000 | 29,864,000 | -3,783,000 | 6,257,000 | 513,000 | -1,046,000 | -16,873,000 | 4,831,000 | 7,000,000 | -700,000 | 3,500,000 | 6,400,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -300,000 | -18,000,000 | 18,300,000 | ||||||||||||
| Hire Purchase and Lease Commitments | -100,000 | 100,000 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 4,095,000 | 2,589,000 | 1,256,000 | 651,000 | -81,000 | 324,000 | 327,000 | 309,000 | 1,505,000 | 1,319,000 | 1,344,000 | 2,600,000 | 2,500,000 | -1,600,000 | -2,100,000 |
| cash flow from financing | -126,658,000 | 28,319,000 | -20,039,000 | 14,316,000 | 29,493,000 | -3,489,000 | 5,295,000 | -91,996,000 | 968,000 | -16,181,000 | 5,254,000 | -41,200,000 | 1,200,000 | -16,900,000 | 122,600,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -115,000 | -1,001,000 | 2,135,000 | 56,000 | 209,000 | -3,353,000 | 3,427,000 | -77,000 | 89,000 | -24,000 | -132,000 | 100,000 | 100,000 | -54,300,000 | 54,300,000 |
| overdraft | |||||||||||||||
| change in cash | -115,000 | -1,001,000 | 2,135,000 | 56,000 | 209,000 | -3,353,000 | 3,427,000 | -77,000 | 89,000 | -24,000 | -132,000 | 100,000 | 100,000 | -54,300,000 | 54,300,000 |
the stationery office limited Credit Report and Business Information
The Stationery Office Limited Competitor Analysis
Perform a competitor analysis for the stationery office limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NR7 area or any other competitors across 12 key performance metrics.
the stationery office limited Ownership
THE STATIONERY OFFICE LIMITED group structure
The Stationery Office Limited has 1 subsidiary company.
Ultimate parent company
AI WERTHEIMER HOLDINGS LTD
#0106678
2 parents
THE STATIONERY OFFICE LIMITED
03049649
1 subsidiary
the stationery office limited directors
The Stationery Office Limited currently has 6 directors. The longest serving directors include Ms Denise Reid (Sep 2019) and Mr Nicholas Morgan (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Denise Reid | England | 61 years | Sep 2019 | - | Director |
| Mr Nicholas Morgan | England | 49 years | Sep 2022 | - | Director |
| Mr Erin Wiggins | England | 40 years | Sep 2024 | - | Director |
| Mr Richard South | England | 58 years | Oct 2024 | - | Director |
| Ms Deborah Steiner | England | 54 years | Jan 2025 | - | Director |
| Mr Eric Hess | Scotland | 59 years | Jan 2025 | - | Director |
P&L
December 2023turnover
30.7m
0%
operating profit
2.9m
-24%
gross margin
50%
-7.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.8m
-0.84%
total assets
27.8m
-0.82%
cash
1.4m
-0.08%
net assets
Total assets minus all liabilities
the stationery office limited company details
company number
03049649
Type
Private limited with Share Capital
industry
18140 - Binding and related services
58110 - Book publishing
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
18 central avenue, st. andrews business park, norwich, NR7 0HR
Bank
DEUTSCHE BANK AG
Legal Advisor
-
the stationery office 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 12 charges/mortgages relating to the stationery office limited. Currently there are 0 open charges and 12 have been satisfied in the past.
the stationery office 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.
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the stationery office limited Companies House Filings - See Documents
| date | description | view/download |
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