sumi agro europe limited

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sumi agro europe limited Company Information

Share SUMI AGRO EUROPE LIMITED

Company Number

03073407

Shareholders

sumitomo corporation

Group Structure

View All

Industry

Activities of head offices

 +1

Registered Address

vintners place, 68 upper thames street, london, EC4V 3BJ

sumi agro europe limited Estimated Valuation

£59.2m

Pomanda estimates the enterprise value of SUMI AGRO EUROPE LIMITED at £59.2m based on a Turnover of £82.6m and 0.72x industry multiple (adjusted for size and gross margin).

sumi agro europe limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SUMI AGRO EUROPE LIMITED at £0 based on an EBITDA of £-517k and a 4.92x industry multiple (adjusted for size and gross margin).

sumi agro europe limited Estimated Valuation

£101.7m

Pomanda estimates the enterprise value of SUMI AGRO EUROPE LIMITED at £101.7m based on Net Assets of £52.8m and 1.93x industry multiple (adjusted for liquidity).

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Sumi Agro Europe Limited Overview

Sumi Agro Europe Limited is a live company located in london, EC4V 3BJ with a Companies House number of 03073407. It operates in the manufacture of pesticides and other agrochemical products sector, SIC Code 20200. Founded in June 1995, it's largest shareholder is sumitomo corporation with a 100% stake. Sumi Agro Europe Limited is a mature, large sized company, Pomanda has estimated its turnover at £82.6m with declining growth in recent years.

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Sumi Agro Europe Limited Health Check

Pomanda's financial health check has awarded Sumi Agro Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £82.6m, make it larger than the average company (£32.1m)

£82.6m - Sumi Agro Europe Limited

£32.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (6.3%)

-34% - Sumi Agro Europe Limited

6.3% - Industry AVG

production

Production

with a gross margin of 6.6%, this company has a higher cost of product (28.8%)

6.6% - Sumi Agro Europe Limited

28.8% - Industry AVG

profitability

Profitability

an operating margin of -1.8% make it less profitable than the average company (6.3%)

-1.8% - Sumi Agro Europe Limited

6.3% - Industry AVG

employees

Employees

with 30 employees, this is below the industry average (98)

30 - Sumi Agro Europe Limited

98 - Industry AVG

paystructure

Pay Structure

on an average salary of £170k, the company has a higher pay structure (£53.5k)

£170k - Sumi Agro Europe Limited

£53.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.8m, this is more efficient (£382.8k)

£2.8m - Sumi Agro Europe Limited

£382.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (44 days)

11 days - Sumi Agro Europe Limited

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is close to average (35 days)

32 days - Sumi Agro Europe Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 74 days, this is in line with average (72 days)

74 days - Sumi Agro Europe Limited

72 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 (12 weeks)

0 weeks - Sumi Agro Europe Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.8%, this is a similar level of debt than the average (49.9%)

52.8% - Sumi Agro Europe Limited

49.9% - Industry AVG

SUMI AGRO EUROPE LIMITED financials

EXPORTms excel logo

Sumi Agro Europe Limited's latest turnover from December 2023 is £82.6 million and the company has net assets of £52.8 million. According to their latest financial statements, Sumi Agro Europe Limited has 30 employees and maintains cash reserves of £73.3 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
Turnover82,634,725392,170,772353,089,912287,643,829300,126,943295,663,924277,448,246252,686,928231,359,574206,783,517170,282,398156,360,62988,341,72985,172,44471,979,816
Other Income Or Grants
Cost Of Sales77,153,082302,091,566272,388,371222,607,079238,399,827236,440,883222,665,223197,755,962182,003,266162,639,252125,476,135115,669,88158,594,88159,132,72257,583,853
Gross Profit5,481,64490,079,20680,701,54165,036,74961,727,11659,223,04054,783,02354,930,96649,356,30844,144,26644,806,26340,690,74829,746,84826,039,72214,395,963
Admin Expenses6,934,15355,736,79248,888,50243,802,48441,886,87440,608,05536,800,34740,745,92035,275,00929,884,55432,452,45230,148,15122,970,64320,732,1318,956,735
Operating Profit-1,452,50934,342,41431,813,03921,234,26519,840,24218,614,98517,982,67614,185,04614,081,29914,259,71212,353,81110,542,5976,776,2055,307,5915,439,228
Interest Payable2,412,4282,621,6381,302,1151,408,2961,874,7841,857,9471,220,442898,332705,5691,588,439572,928477,25448,773230,803318,561
Interest Receivable314,0781,866,132509,182465,489561,312390,645278,908256,410316,2591,188,168246,174542,597711,601656,428951,294
Pre-Tax Profit15,751,09536,500,13133,561,66822,596,94220,752,15919,449,11218,347,33715,131,79114,121,69114,070,11013,860,42710,663,3587,359,8786,803,8616,078,104
Tax1,401,145-8,079,903-6,796,066-4,868,632-4,058,722-4,071,893-3,984,409-2,957,683-1,607,081-3,483,610-2,809,936-2,597,188-1,894,139-1,770,075-1,923,651
Profit After Tax17,152,24028,420,22826,765,60217,728,31016,693,43715,377,22014,362,92812,174,10812,514,61010,586,50011,050,4928,066,1705,465,7395,033,7874,154,454
Dividends Paid4,567,84813,873,27012,390,80811,134,7158,267,6487,157,9707,087,4876,318,3624,778,5915,654,260
Retained Profit17,152,24018,442,8587,154,6701,612,7402,256,47712,001,7322,806,4102,011,8343,072,3621,630,5724,892,4371,653,4335,465,7395,033,7874,154,454
Employee Costs5,098,51829,472,53925,669,77122,166,08921,599,30920,078,82218,604,59118,022,23416,900,13814,825,98811,638,94411,684,0367,882,7867,542,7826,262,396
Number Of Employees30714694728703659615578539521471460173172165
EBITDA*-517,01040,220,21138,710,07027,242,54519,840,24223,059,33221,855,34817,859,96117,195,77116,823,12314,643,30512,913,1517,391,8605,906,9765,869,240

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets184,40553,911,56855,865,61155,672,89052,068,22146,499,78338,892,16134,331,18228,910,27819,071,37410,494,56610,325,0628,169,0251,125,0541,833,260
Intangible Assets2,373,69516,395,68319,206,19720,482,38621,574,26623,496,75224,323,95025,538,82023,157,44220,347,18113,883,34416,097,60118,413,6881,892,0583,347,960
Investments & Other70,485,01222,606,84121,658,97819,406,94420,299,65417,035,94617,333,04413,004,30311,798,7285,790,0054,111,0374,599,6691,583,1132,303,6422,868,802
Debtors (Due After 1 year)7,588,9988,695,2735,888,3164,976,6831,897,79158,033156,894245,7882,021,882
Total Fixed Assets73,043,11270,307,25075,071,80771,568,80973,642,48769,996,53563,216,11059,870,00152,067,72039,418,55530,510,83031,022,33328,165,8275,320,7558,050,022
Stock & work in progress15,675,312121,802,59380,926,10373,370,78676,024,17970,103,94160,479,86154,788,41647,122,72231,761,18626,518,81425,954,50817,855,60112,795,08612,487,056
Trade Debtors2,675,98576,803,89968,294,02064,218,13081,653,53074,292,76766,138,60560,784,63444,576,55738,287,12931,995,03726,903,33423,217,20121,235,630
Group Debtors17,521,0503,543,3892,770,4761,751,28887,595,854471,199322,2171,192,397941,0451,849,667980,251656,4281,076,788
Misc Debtors2,842,70717,997,21414,395,50816,998,39412,481,86513,678,64814,115,2019,666,4878,949,8106,195,3314,027,5005,409,4294,746,1424,456,3403,685,827
Cash73,25728,354,07727,812,69025,781,02521,508,63515,839,75711,214,3789,947,1049,914,05912,487,57017,950,02611,440,86015,143,52029,272,48815,936,814
misc current assets1,129,4931,226,5051,480,186860,2611,344,906
total current assets38,788,313249,050,396194,734,964182,591,873198,568,221182,876,570161,650,931143,213,197128,572,53498,215,21986,783,47074,799,83565,628,84870,397,54354,422,115
total assets111,831,425319,357,646269,806,771254,160,682272,210,708252,873,105224,867,041203,083,198180,640,254137,633,774117,294,300105,822,16793,794,67575,718,29762,472,137
Bank overdraft86,895,29173,221,34281,595,84493,772,88480,812,47375,434,3871
Bank loan54,180,56343,448,77926,930,142
Trade Creditors 6,894,57750,137,17145,610,17529,271,08821,283,35918,306,03816,484,3697,585,7833,313,734
Group/Directors Accounts2,222,129111111,471,221633,379865,4257,640,2758,224,9799,309,1879,675,2965,275,121
other short term finances47,138,767397,77115,273,1578,149,7105,557,687339,6223,284,774
hp & lease commitments153,250
other current liabilities2,550,52288,261,81372,082,85967,460,50465,632,98667,922,04263,575,5729,514,0759,341,6979,554,2258,547,3498,153,8469,986,4074,155,3312,536,200
total current liabilities58,959,246175,554,879145,304,204149,056,349159,405,872148,734,517139,009,961115,303,03099,034,03266,620,88152,744,14142,834,57441,337,65121,756,03314,409,829
loans63,9944,261,4665,502,6546,613,1619,471,5026,111,7362,652,2301,812,802874,870632,0041,601,2411,617,038346,206
hp & lease commitments
Accruals and Deferred Income
other liabilities239,205408,834349,9353,176,877
provisions1,672,9041,775,6102,049,5042,379,9642,790,8183,095,7129,928,2758,289,789
total long term liabilities63,9953,000,2603,672,2084,363,4366,197,7554,860,1123,223,9065,870,5404,582,3313,492,8794,454,7946,928,8673,929,7992,419,4823,204,037
total liabilities59,023,240178,555,139148,976,412153,419,785165,603,627153,594,629142,233,867121,173,570103,616,36370,113,76057,198,93549,763,44145,267,45024,175,51617,613,866
net assets52,808,185122,383,149102,672,12185,726,11391,928,32585,717,62764,746,64364,335,66461,436,91957,048,11651,252,31050,987,59347,812,42551,542,78244,858,271
total shareholders funds52,808,185122,383,149102,672,12185,726,11391,928,32585,717,62764,746,64464,335,66461,436,92057,048,11751,252,31050,987,59347,812,42551,542,78244,858,271
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,452,50934,342,41431,813,03921,234,26519,840,24218,614,98517,982,67614,185,04614,081,29914,259,71212,353,81110,542,5976,776,2055,307,5915,439,228
Depreciation180,1955,877,7966,897,0326,008,2792,445,2142,081,4212,022,5931,772,9461,499,9581,213,8691,221,671536,500368,583352,786
Amortisation755,3041,999,1331,791,2511,652,3221,341,5261,063,4531,075,6261,148,88379,155230,80277,226
Tax1,401,145-8,079,903-6,796,066-4,868,632-4,058,722-4,071,893-3,984,409-2,957,683-1,607,081-3,483,610-2,809,936-2,597,188-1,894,139-1,770,075-1,923,651
Stock-106,127,28140,876,4907,555,317-2,653,3935,920,2389,624,0805,691,4457,665,69415,361,5365,242,372564,3068,098,9075,060,515308,03012,487,056
Debtors-82,893,75711,778,2235,299,150-16,198,2757,353,2348,912,95011,633,8366,233,10618,299,7228,285,0446,932,0454,774,7394,299,7582,331,72525,998,244
Creditors6,894,577-50,137,1714,526,99516,339,0877,987,7292,977,3211,821,6698,898,5864,272,0493,313,734
Accruals and Deferred Income-85,711,29116,178,9544,622,3551,827,518-2,289,0564,346,47054,061,497172,378-212,5281,006,876393,503-1,832,5615,831,0761,619,1312,536,200
Deferred Taxes & Provisions-1,672,904-102,706-273,894-330,460-410,854-304,894-6,832,5631,638,4868,289,789
Cash flow from operations109,415,555-4,438,15823,407,99942,722,638-191,8624,491,985-2,362,5797,341,3376,343,7808,806,7027,707,843-2,568,57510,867,1107,388,326-28,689,777
Investing Activities
capital expenditure66,813,652-1,113,239-5,813,564-8,521,068-3,645,952-11,224,771-7,218,780-11,477,197-15,763,637-17,604,056-244,742-2,210,504-24,181,2561,564,723-5,611,232
Change in Investments47,878,171947,8632,252,034-892,7103,263,708-297,0984,328,7411,205,5756,008,7231,678,968-488,6323,016,556-720,528-565,1602,868,802
cash flow from investments18,935,481-2,061,102-8,065,598-7,628,358-6,909,660-10,927,673-11,547,521-12,682,772-21,772,360-19,283,024243,890-5,227,060-23,460,7282,129,883-8,480,034
Financing Activities
Bank loans-54,180,56310,731,78416,518,63726,930,142
Group/Directors Accounts2,222,128-1-1,471,220837,842-232,046-6,774,850-584,704-1,084,208-366,1094,400,1765,275,121
Other Short Term Loans 46,740,996397,771-15,273,1577,123,4472,592,0235,218,065-2,945,1523,284,774
Long term loans-4,197,472-1,241,188-1,110,507-2,858,3413,359,7663,459,506839,428937,932242,866-969,237-15,7971,270,832346,206
Hire Purchase and Lease Commitments153,250
other long term liabilities-239,205-169,62958,899349,935-3,176,8773,176,877
share issue-86,727,2051,268,1709,791,338-7,814,9523,954,2218,969,251-2,395,431886,9101,316,4414,165,234-4,627,7201,521,735-9,196,0961,650,72440,703,817
interest-2,098,350-755,506-792,933-942,807-1,313,472-1,467,302-941,534-641,922-389,310-400,271-326,75465,343662,828425,625632,733
cash flow from financing-43,906,653-330,7537,887,898-11,855,3055,830,88511,020,354-57,799,38512,752,54614,279,71110,854,7381,568,4724,365,725-3,335,1063,531,37349,896,445
cash and cash equivalents
cash-28,280,820541,3872,031,6654,272,3905,668,8784,625,3791,267,27433,045-2,573,511-5,462,4566,509,166-3,702,659-14,128,96813,335,67415,936,814
overdraft-86,895,29113,673,949-8,374,502-12,177,04012,960,4115,378,08675,434,387-11
change in cash58,614,471-13,132,56210,406,16716,449,430-7,291,533-752,707-74,167,11333,046-2,573,512-5,462,4566,509,166-3,702,659-14,128,96813,335,67415,936,814

sumi agro europe limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sumi Agro Europe Limited Competitor Analysis

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Perform a competitor analysis for sumi agro europe limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in EC4V area or any other competitors across 12 key performance metrics.

sumi agro europe limited Ownership

SUMI AGRO EUROPE LIMITED group structure

Sumi Agro Europe Limited has 1 subsidiary company.

Ultimate parent company

SUMITOMO CORP

#0010430

1 parent

SUMI AGRO EUROPE LIMITED

03073407

1 subsidiary

SUMI AGRO EUROPE LIMITED Shareholders

sumitomo corporation 100%

sumi agro europe limited directors

Sumi Agro Europe Limited currently has 7 directors. The longest serving directors include Mr Wlodzimierz Wleklik (Sep 2008) and Mr Antoine Meyer (Apr 2020).

officercountryagestartendrole
Mr Wlodzimierz WleklikEngland72 years Sep 2008- Director
Mr Antoine Meyer61 years Apr 2020- Director
Mr Tatsuro Tamura61 years May 2022- Director
Mr Masahito Uno59 years May 2022- Director
Mr Yu KakimiEngland49 years Jun 2024- Director
Mr Tomoaki TetsuEngland58 years Jun 2024- Director
Mr Akihiro MoriGermany54 years Dec 2024- Director

P&L

December 2023

turnover

82.6m

-79%

operating profit

-1.5m

-104%

gross margin

6.7%

-71.12%

turnover

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

Balance Sheet

December 2023

net assets

52.8m

-0.57%

total assets

111.8m

-0.65%

cash

73.3k

-1%

net assets

Total assets minus all liabilities

sumi agro europe limited company details

company number

03073407

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

20200 - Manufacture of pesticides and other agrochemical products

incorporation date

June 1995

age

30

incorporated

UK

ultimate parent company

SUMITOMO CORP

accounts

Full Accounts

last accounts submitted

December 2023

previous names

summit agro europe limited (January 2010)

summit agro holdings limited (March 1997)

accountant

-

auditor

KPMG LLP

address

vintners place, 68 upper thames street, london, EC4V 3BJ

Bank

CITIBANK N.A.

Legal Advisor

-

sumi agro 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 sumi agro europe limited.

sumi agro europe 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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sumi agro europe limited Companies House Filings - See Documents

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