flint cps inks uk ltd
flint cps inks uk ltd Company Information
Company Number
03256359
Website
www.flintgrp.comRegistered Address
varn house, northbank industrial estate, irlam, greater manchester, M44 5BL
Industry
Manufacture of printing ink
Telephone
01902875240
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
flint ink (u.k.) limited 100%
flint cps inks uk ltd Estimated Valuation
Pomanda estimates the enterprise value of FLINT CPS INKS UK LTD at £25.7m based on a Turnover of £31.8m and 0.81x industry multiple (adjusted for size and gross margin).
flint cps inks uk ltd Estimated Valuation
Pomanda estimates the enterprise value of FLINT CPS INKS UK LTD at £12.8m based on an EBITDA of £2.7m and a 4.78x industry multiple (adjusted for size and gross margin).
flint cps inks uk ltd Estimated Valuation
Pomanda estimates the enterprise value of FLINT CPS INKS UK LTD at £17.9m based on Net Assets of £9.9m and 1.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flint Cps Inks Uk Ltd Overview
Flint Cps Inks Uk Ltd is a live company located in irlam, M44 5BL with a Companies House number of 03256359. It operates in the manufacture of printing ink sector, SIC Code 20302. Founded in September 1996, it's largest shareholder is flint ink (u.k.) limited with a 100% stake. Flint Cps Inks Uk Ltd is a mature, large sized company, Pomanda has estimated its turnover at £31.8m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Flint Cps Inks Uk Ltd Health Check
Pomanda's financial health check has awarded Flint Cps Inks Uk Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £31.8m, make it larger than the average company (£18.9m)
£31.8m - Flint Cps Inks Uk Ltd
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (-2%)
-10% - Flint Cps Inks Uk Ltd
-2% - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (22.6%)
10.8% - Flint Cps Inks Uk Ltd
22.6% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (6.7%)
4.5% - Flint Cps Inks Uk Ltd
6.7% - Industry AVG
Employees
with 91 employees, this is above the industry average (70)
91 - Flint Cps Inks Uk Ltd
70 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£48.3k)
£49.1k - Flint Cps Inks Uk Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £349.4k, this is more efficient (£279.1k)
£349.4k - Flint Cps Inks Uk Ltd
£279.1k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (44 days)
17 days - Flint Cps Inks Uk Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (37 days)
16 days - Flint Cps Inks Uk Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (66 days)
6 days - Flint Cps Inks Uk Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Flint Cps Inks Uk Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.3%, this is a similar level of debt than the average (40.1%)
41.3% - Flint Cps Inks Uk Ltd
40.1% - Industry AVG
FLINT CPS INKS UK LTD financials
Flint Cps Inks Uk Ltd's latest turnover from December 2022 is £31.8 million and the company has net assets of £9.9 million. According to their latest financial statements, Flint Cps Inks Uk Ltd has 91 employees and maintains cash reserves of £29 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 31,797,000 | 29,865,000 | 28,741,000 | 43,830,000 | 42,792,000 | 3,354,000 | 30,846,000 | 36,635,000 | 36,836,000 | 36,811,000 | 40,097,000 | 40,249,000 | 42,518,000 | 48,512,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 28,375,000 | 26,635,000 | 25,276,000 | 38,193,000 | 37,798,000 | 2,685,000 | 28,701,000 | 31,531,000 | 32,749,000 | 34,954,000 | 36,340,000 | 39,001,000 | 35,478,000 | 41,028,000 |
| Gross Profit | 3,422,000 | 3,230,000 | 3,465,000 | 5,637,000 | 4,994,000 | 669,000 | 2,145,000 | 5,104,000 | 4,087,000 | 1,857,000 | 3,757,000 | 1,248,000 | 7,040,000 | 7,484,000 |
| Admin Expenses | 1,979,000 | 2,209,000 | 7,092,000 | 4,379,000 | 4,158,000 | 326,000 | 5,306,000 | 4,872,000 | 4,892,000 | 228,000 | 3,654,000 | 6,370,000 | 2,544,000 | 7,379,000 |
| Operating Profit | 1,443,000 | 1,021,000 | -3,627,000 | 1,258,000 | 836,000 | 343,000 | -3,161,000 | 232,000 | -805,000 | 1,629,000 | 103,000 | -5,122,000 | 4,496,000 | 105,000 |
| Interest Payable | 136,000 | 221,000 | 169,000 | 174,000 | 449,000 | 8,000 | 1,070,000 | 1,190,000 | 1,925,000 | 2,358,000 | 2,011,000 | 1,821,000 | 1,555,000 | 4,291,000 |
| Interest Receivable | 164,000 | 65,000 | 136,000 | 350,000 | 237,000 | 1,000 | 0 | 0 | 185,000 | 0 | 357,000 | 644,000 | 1,792,000 | 4,573,000 |
| Pre-Tax Profit | 1,471,000 | 865,000 | -3,660,000 | 1,434,000 | 624,000 | 336,000 | 468,000 | -1,247,000 | -2,545,000 | -887,000 | -1,241,000 | -6,299,000 | 4,733,000 | 387,000 |
| Tax | -394,000 | 75,000 | 137,000 | -72,000 | -336,000 | -214,000 | -72,000 | 268,000 | 529,000 | 132,000 | 2,000 | -281,000 | 138,000 | -760,000 |
| Profit After Tax | 1,077,000 | 940,000 | -3,523,000 | 1,362,000 | 288,000 | 122,000 | 396,000 | -979,000 | -2,016,000 | -755,000 | -1,239,000 | -6,580,000 | 4,871,000 | -373,000 |
| Dividends Paid | 0 | 0 | 10,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,077,000 | 940,000 | -13,523,000 | 1,362,000 | 288,000 | 122,000 | 396,000 | -979,000 | -2,016,000 | -755,000 | -1,239,000 | -6,580,000 | 4,871,000 | -373,000 |
| Employee Costs | 4,464,000 | 6,780,000 | 5,091,000 | 6,452,000 | 6,987,000 | 471,000 | 2,694,000 | 2,468,000 | 2,316,000 | 3,193,000 | 3,080,000 | 3,501,000 | 4,352,000 | 5,655,000 |
| Number Of Employees | 91 | 107 | 118 | 114 | 88 | 8 | 48 | 46 | 38 | 61 | 65 | 65 | 67 | 101 |
| EBITDA* | 2,673,000 | 2,145,000 | 1,641,000 | 2,284,000 | 1,472,000 | 766,000 | -3,131,000 | 282,000 | -743,000 | 1,707,000 | 174,000 | -4,926,000 | 4,716,000 | 700,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 1,469,000 | 1,467,000 | 2,375,000 | 4,726,000 | 3,798,000 | 3,536,000 | 0 | 206,000 | 205,000 | 279,000 | 376,000 | 405,000 | 537,000 | 553,000 |
| Intangible Assets | 74,000 | 171,000 | 267,000 | 2,860,000 | 3,234,000 | 582,000 | 0 | 0 | 0 | 0 | 0 | 0 | 577,000 | 693,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 3,291,000 | 0 | 0 | 0 | 0 | 0 | 0 | 3,632,000 | 3,632,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 52,000 | 41,000 | 42,000 | 0 | 178,000 | 158,000 | 167,000 | 150,000 | 0 | 0 | 0 |
| Total Fixed Assets | 1,543,000 | 1,638,000 | 2,642,000 | 7,638,000 | 7,073,000 | 7,451,000 | 0 | 384,000 | 363,000 | 446,000 | 526,000 | 405,000 | 4,746,000 | 4,878,000 |
| Stock & work in progress | 540,000 | 2,018,000 | 1,768,000 | 3,751,000 | 2,813,000 | 2,233,000 | 0 | 1,849,000 | 1,676,000 | 1,784,000 | 1,669,000 | 1,899,000 | 2,254,000 | 2,825,000 |
| Trade Debtors | 1,501,000 | 115,000 | 68,000 | 364,000 | 7,054,000 | 2,496,000 | 0 | 9,798,000 | 9,370,000 | 9,823,000 | 11,386,000 | 12,213,000 | 10,640,000 | 12,050,000 |
| Group Debtors | 12,972,000 | 10,282,000 | 9,284,000 | 16,840,000 | 11,825,000 | 12,916,000 | 167,000 | 888,000 | 14,765,000 | 8,297,000 | 837,000 | 6,270,000 | 2,264,000 | 8,041,000 |
| Misc Debtors | 217,000 | 232,000 | 171,000 | 343,000 | 238,000 | 541,000 | 0 | 386,000 | 405,000 | 404,000 | 425,000 | 435,000 | 901,000 | 1,162,000 |
| Cash | 29,000 | 0 | 0 | 0 | 78,000 | 10,000 | 0 | 193,000 | 13,000 | 2,242,000 | 3,286,000 | 3,190,000 | 12,522,000 | 2,029,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 562,000 | 319,000 | 211,000 | 1,714,000 |
| total current assets | 15,259,000 | 12,647,000 | 11,291,000 | 21,298,000 | 22,008,000 | 18,196,000 | 167,000 | 13,114,000 | 26,229,000 | 22,550,000 | 18,165,000 | 24,326,000 | 28,792,000 | 27,821,000 |
| total assets | 16,802,000 | 14,285,000 | 13,933,000 | 28,936,000 | 29,081,000 | 25,647,000 | 167,000 | 13,498,000 | 26,592,000 | 22,996,000 | 18,691,000 | 24,731,000 | 33,538,000 | 32,699,000 |
| Bank overdraft | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 262,000 | 1,989,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,848,000 | 1,541,000 |
| Trade Creditors | 1,248,000 | 2,042,000 | 1,944,000 | 2,498,000 | 3,105,000 | 732,000 | 0 | 779,000 | 572,000 | 913,000 | 644,000 | 563,000 | 1,069,000 | 1,389,000 |
| Group/Directors Accounts | 2,513,000 | 873,000 | 1,100,000 | 2,298,000 | 2,237,000 | 4,163,000 | 103,000 | 30,641,000 | 43,303,000 | 22,034,000 | 18,345,000 | 17,403,000 | 16,443,000 | 14,915,000 |
| 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 | 55,000 |
| other current liabilities | 3,108,000 | 2,513,000 | 2,973,000 | 2,398,000 | 3,365,000 | 766,000 | 0 | 1,512,000 | 1,173,000 | 3,247,000 | 1,726,000 | 1,512,000 | 1,714,000 | 3,152,000 |
| total current liabilities | 6,869,000 | 5,429,000 | 6,017,000 | 7,194,000 | 8,707,000 | 5,661,000 | 103,000 | 32,932,000 | 45,048,000 | 26,194,000 | 20,977,000 | 21,467,000 | 21,074,000 | 21,052,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,500,000 | 13,629,000 | 17,544,000 | 19,998,000 | 22,296,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,295,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 61,000 | 61,000 | 61,000 | 61,000 | 61,000 | 44,000 | 0 | 277,000 | 264,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 303,000 | 297,000 | 214,000 | 0 | 0 | 12,000 | 18,000 | 46,000 | 442,000 | 608,000 | 1,069,000 |
| total long term liabilities | 61,000 | 61,000 | 61,000 | 364,000 | 358,000 | 258,000 | 0 | 277,000 | 276,000 | 13,518,000 | 13,675,000 | 17,986,000 | 20,606,000 | 24,660,000 |
| total liabilities | 6,930,000 | 5,490,000 | 6,078,000 | 7,558,000 | 9,065,000 | 5,919,000 | 103,000 | 33,209,000 | 45,324,000 | 39,712,000 | 34,652,000 | 39,453,000 | 41,680,000 | 45,712,000 |
| net assets | 9,872,000 | 8,795,000 | 7,855,000 | 21,378,000 | 20,016,000 | 19,728,000 | 64,000 | -19,711,000 | -18,732,000 | -16,716,000 | -15,961,000 | -14,722,000 | -8,142,000 | -13,013,000 |
| total shareholders funds | 9,872,000 | 8,795,000 | 7,855,000 | 21,378,000 | 20,016,000 | 19,728,000 | 64,000 | -19,711,000 | -18,732,000 | -16,716,000 | -15,961,000 | -14,722,000 | -8,142,000 | -13,013,000 |
| 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 | 1,443,000 | 1,021,000 | -3,627,000 | 1,258,000 | 836,000 | 343,000 | -3,161,000 | 232,000 | -805,000 | 1,629,000 | 103,000 | -5,122,000 | 4,496,000 | 105,000 |
| Depreciation | 1,133,000 | 1,028,000 | 2,675,000 | 652,000 | 516,000 | 415,000 | 30,000 | 50,000 | 62,000 | 78,000 | 71,000 | 81,000 | 104,000 | 478,000 |
| Amortisation | 97,000 | 96,000 | 2,593,000 | 374,000 | 120,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 115,000 | 116,000 | 117,000 |
| Tax | -394,000 | 75,000 | 137,000 | -72,000 | -336,000 | -214,000 | -72,000 | 268,000 | 529,000 | 132,000 | 2,000 | -281,000 | 138,000 | -760,000 |
| Stock | -1,478,000 | 250,000 | -1,983,000 | 938,000 | 580,000 | 2,233,000 | -1,849,000 | 173,000 | -108,000 | 115,000 | -230,000 | -355,000 | -571,000 | 2,825,000 |
| Debtors | 4,061,000 | 1,106,000 | -8,076,000 | -1,559,000 | 3,163,000 | 15,828,000 | -11,083,000 | -13,448,000 | 6,007,000 | 5,893,000 | -6,120,000 | 5,113,000 | -7,448,000 | 21,253,000 |
| Creditors | -794,000 | 98,000 | -554,000 | -607,000 | 2,373,000 | 732,000 | -779,000 | 207,000 | -341,000 | 269,000 | 81,000 | -506,000 | -320,000 | 1,389,000 |
| Accruals and Deferred Income | 595,000 | -460,000 | 575,000 | -967,000 | 2,599,000 | 766,000 | -1,512,000 | 339,000 | -2,074,000 | 1,521,000 | 214,000 | -202,000 | -1,438,000 | 3,152,000 |
| Deferred Taxes & Provisions | 0 | 0 | -303,000 | 6,000 | 83,000 | 214,000 | 0 | -12,000 | -6,000 | -28,000 | -396,000 | -166,000 | -461,000 | 1,069,000 |
| Cash flow from operations | -503,000 | 502,000 | 11,555,000 | 1,265,000 | 2,448,000 | -15,797,000 | 7,438,000 | 14,359,000 | -8,534,000 | -2,407,000 | 6,425,000 | -10,839,000 | 10,654,000 | -18,528,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -3,291,000 | 3,291,000 | 0 | 0 | 0 | 0 | 0 | -3,632,000 | 0 | 3,632,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,848,000 | 307,000 | 1,541,000 |
| Group/Directors Accounts | 1,640,000 | -227,000 | -1,198,000 | 61,000 | -1,926,000 | 4,060,000 | -30,538,000 | -12,662,000 | 21,269,000 | 3,689,000 | 942,000 | 960,000 | 1,528,000 | 14,915,000 |
| 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 | -13,500,000 | -129,000 | -3,915,000 | -2,454,000 | -2,298,000 | 22,296,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,350,000 | 1,350,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 17,000 | 44,000 | -277,000 | 13,000 | 264,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 28,000 | -156,000 | -33,000 | 176,000 | -212,000 | -7,000 | -1,070,000 | -1,190,000 | -1,740,000 | -2,358,000 | -1,654,000 | -1,177,000 | 237,000 | 282,000 |
| cash flow from financing | 1,668,000 | -383,000 | -1,231,000 | 237,000 | -2,121,000 | 23,639,000 | -12,506,000 | -13,839,000 | 6,293,000 | 1,202,000 | -4,627,000 | -4,519,000 | -1,576,000 | 27,744,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 29,000 | 0 | 0 | -78,000 | 68,000 | 10,000 | -193,000 | 180,000 | -2,229,000 | -1,044,000 | 96,000 | -9,332,000 | 10,493,000 | 2,029,000 |
| overdraft | -1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -262,000 | -1,727,000 | 1,989,000 | 0 | 0 |
| change in cash | 30,000 | -1,000 | 0 | -78,000 | 68,000 | 10,000 | -193,000 | 180,000 | -2,229,000 | -782,000 | 1,823,000 | -11,321,000 | 10,493,000 | 2,029,000 |
flint cps inks uk ltd Credit Report and Business Information
Flint Cps Inks Uk Ltd Competitor Analysis
Perform a competitor analysis for flint cps inks uk ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M44 area or any other competitors across 12 key performance metrics.
flint cps inks uk ltd Ownership
FLINT CPS INKS UK LTD group structure
Flint Cps Inks Uk Ltd has 1 subsidiary company.
Ultimate parent company
COLOUROZ TOPCO SCA
#0062213
2 parents
FLINT CPS INKS UK LTD
03256359
1 subsidiary
flint cps inks uk ltd directors
Flint Cps Inks Uk Ltd currently has 3 directors. The longest serving directors include Mr Anthony Lord (Jun 2013) and Mr Jeremy Berenzweig (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Lord | England | 64 years | Jun 2013 | - | Director |
| Mr Jeremy Berenzweig | England | 52 years | Apr 2017 | - | Director |
| Mr Heiner Klokkers | England | 53 years | Aug 2024 | - | Director |
P&L
December 2022turnover
31.8m
+6%
operating profit
1.4m
+41%
gross margin
10.8%
-0.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
9.9m
+0.12%
total assets
16.8m
+0.18%
cash
29k
0%
net assets
Total assets minus all liabilities
flint cps inks uk ltd company details
company number
03256359
Type
Private limited with Share Capital
industry
20302 - Manufacture of printing ink
incorporation date
September 1996
age
28
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
flint group uk ltd (November 2017)
xsys print solutions uk ltd (February 2006)
See morelast accounts submitted
December 2022
address
varn house, northbank industrial estate, irlam, greater manchester, M44 5BL
accountant
-
auditor
GRANT THORNTON
flint cps inks uk ltd 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 9 charges/mortgages relating to flint cps inks uk ltd. Currently there are 1 open charges and 8 have been satisfied in the past.
flint cps inks uk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
