packaging "no-how" ltd

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packaging "no-how" ltd Company Information

Share PACKAGING "NO-HOW" LTD

Company Number

03542921

Directors

Derek Skinner

Shareholders

derek martin skinner

catherine skinner

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Group Structure

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Industry

Packaging activities

 

Registered Address

unit 1 sunnyside road north, weston-super-mare, north somerset, BS23 3PZ

packaging "no-how" ltd Estimated Valuation

£32.3k

Pomanda estimates the enterprise value of PACKAGING "NO-HOW" LTD at £32.3k based on a Turnover of £64.8k and 0.5x industry multiple (adjusted for size and gross margin).

packaging "no-how" ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PACKAGING "NO-HOW" LTD at £0 based on an EBITDA of £-4.1k and a 3.07x industry multiple (adjusted for size and gross margin).

packaging "no-how" ltd Estimated Valuation

£23.2k

Pomanda estimates the enterprise value of PACKAGING "NO-HOW" LTD at £23.2k based on Net Assets of £9.3k and 2.51x industry multiple (adjusted for liquidity).

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Packaging "no-how" Ltd Overview

Packaging "no-how" Ltd is a live company located in north somerset, BS23 3PZ with a Companies House number of 03542921. It operates in the packaging activities sector, SIC Code 82920. Founded in April 1998, it's largest shareholder is derek martin skinner with a 70% stake. Packaging "no-how" Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £64.8k with healthy growth in recent years.

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Packaging "no-how" Ltd Health Check

Pomanda's financial health check has awarded Packaging "No-How" Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £64.8k, make it smaller than the average company (£12.9m)

£64.8k - Packaging "no-how" Ltd

£12.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.1%)

5% - Packaging "no-how" Ltd

6.1% - Industry AVG

production

Production

with a gross margin of 16.9%, this company has a higher cost of product (25.4%)

16.9% - Packaging "no-how" Ltd

25.4% - Industry AVG

profitability

Profitability

an operating margin of -6.3% make it less profitable than the average company (4.5%)

-6.3% - Packaging "no-how" Ltd

4.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (42)

1 - Packaging "no-how" Ltd

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)

£40.6k - Packaging "no-how" Ltd

£40.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64.8k, this is less efficient (£233.9k)

£64.8k - Packaging "no-how" Ltd

£233.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (57 days)

94 days - Packaging "no-how" Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (38 days)

57 days - Packaging "no-how" Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Packaging "no-how" Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Packaging "no-how" Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.7%, this is a lower level of debt than the average (67.9%)

56.7% - Packaging "no-how" Ltd

67.9% - Industry AVG

PACKAGING "NO-HOW" LTD financials

EXPORTms excel logo

Packaging "No-How" Ltd's latest turnover from December 2023 is estimated at £64.8 thousand and the company has net assets of £9.3 thousand. According to their latest financial statements, we estimate that Packaging "No-How" Ltd has 1 employee and maintains cash reserves of 0 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
Turnover64,75161,20899,48155,96167,996115,928290,09153,36843,51792,98886,28321,234000
Other Income Or Grants000000000000000
Cost Of Sales53,79352,19683,97847,03258,12198,084235,67543,15034,91374,40868,83617,054000
Gross Profit10,9589,01215,5038,9289,87617,84454,41610,2178,60418,58017,4474,181000
Admin Expenses15,02112,8947,99911,3032,53327,51656,19517,2009,18826,305-12,973-10,044000
Operating Profit-4,063-3,8827,504-2,3757,343-9,672-1,779-6,983-584-7,72530,42014,225000
Interest Payable000000000000000
Interest Receivable00000011826201000
Pre-Tax Profit-4,063-3,8827,504-2,3757,343-9,672-1,778-6,982-576-7,69930,44014,226000
Tax00-1,4260-1,39500000-7,001-3,414000
Profit After Tax-4,063-3,8826,078-2,3755,948-9,672-1,778-6,982-576-7,69923,43910,812000
Dividends Paid000000000000000
Retained Profit-4,063-3,8826,078-2,3755,948-9,672-1,778-6,982-576-7,69923,43910,812000
Employee Costs40,55939,30439,01334,13635,84635,96135,42232,56430,38731,36729,73733,063000
Number Of Employees111111111111000
EBITDA*-4,063-3,8827,504-2,3757,343-9,672-1,779-6,9835,427-5,19430,95314,550000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,5566,0758,10110,80114,53418,82021,13516,03417,0586,9401,275975000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,5566,0758,10110,80114,53418,82021,13516,03417,0586,9401,275975000
Stock & work in progress00000000004,3580000
Trade Debtors16,79618,35428,69113,69115,84528,49572,58313,90712,72526,45428,0015,278000
Group Debtors000000000000000
Misc Debtors00000000009,6348,523000
Cash00000002303212,7697,596378000
misc current assets000000000000000
total current assets16,79618,35428,69113,69115,84528,49572,58314,13713,04629,22349,58914,179000
total assets21,35224,42936,79224,49230,37947,31593,71830,17130,10436,16350,86415,154000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 8,4536,33514,09713,37516,88727,05576,50211,0774,0289,51116,5134,340000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities8,4536,33514,09713,37516,88727,05576,50211,0774,0289,51116,5134,340000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities3,6494,7815,500000000000000
provisions000000000000000
total long term liabilities3,6494,7815,5000012,716000000000
total liabilities12,10211,11619,59713,37516,88739,77176,50211,0774,0289,51116,5134,340000
net assets9,25013,31317,19511,11713,4927,54417,21619,09426,07626,65234,35110,814000
total shareholders funds9,25013,31317,19511,11713,4927,54417,21619,09426,07626,65234,35110,814000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-4,063-3,8827,504-2,3757,343-9,672-1,779-6,983-584-7,72530,42014,225000
Depreciation000000006,0112,531533325000
Amortisation000000000000000
Tax00-1,4260-1,39500000-7,001-3,414000
Stock000000000-4,3584,3580000
Debtors-1,558-10,33715,000-2,154-12,650-44,08858,6761,182-13,729-11,18123,83413,801000
Creditors2,118-7,762722-3,512-10,168-49,44765,4257,049-5,483-7,00212,1734,340000
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-387-1,307-8,200-3,7338,430-15,0314,970-1,11613,6733,3437,9331,675000
Investing Activities
capital expenditure1,5192,0262,7003,7334,2862,315-5,1011,024-16,129-8,196-833-1,300000
Change in Investments000000000000000
cash flow from investments1,5192,0262,7003,7334,2862,315-5,1011,024-16,129-8,196-833-1,300000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-1,132-7195,500000000000000
share issue000000-100000982000
interest00000011826201000
cash flow from financing-1,132-7195,500000-9918261183000
cash and cash equivalents
cash000000-230-91-2,448-4,8277,218378000
overdraft000000000000000
change in cash000000-230-91-2,448-4,8277,218378000

packaging "no-how" ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Packaging "no-how" Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for packaging "no-how" ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BS23 area or any other competitors across 12 key performance metrics.

packaging "no-how" ltd Ownership

PACKAGING "NO-HOW" LTD group structure

Packaging "No-How" Ltd has no subsidiary companies.

Ultimate parent company

PACKAGING "NO-HOW" LTD

03542921

PACKAGING "NO-HOW" LTD Shareholders

derek martin skinner 70%
catherine skinner 10%
paul skinner 10%
caroline marsh 10%

packaging "no-how" ltd directors

Packaging "No-How" Ltd currently has 1 director, Mr Derek Skinner serving since May 2005.

officercountryagestartendrole
Mr Derek Skinner81 years May 2005- Director

P&L

December 2023

turnover

64.8k

+6%

operating profit

-4.1k

0%

gross margin

17%

+14.94%

turnover

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

Balance Sheet

December 2023

net assets

9.3k

-0.31%

total assets

21.4k

-0.13%

cash

0

0%

net assets

Total assets minus all liabilities

packaging "no-how" ltd company details

company number

03542921

Type

Private limited with Share Capital

industry

82920 - Packaging activities

incorporation date

April 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

paktec ltd (May 2011)

pactec limited (October 2008)

accountant

-

auditor

-

address

unit 1 sunnyside road north, weston-super-mare, north somerset, BS23 3PZ

Bank

-

Legal Advisor

-

packaging "no-how" 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 did not find charges/mortgages relating to packaging "no-how" ltd.

packaging "no-how" ltd 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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packaging "no-how" ltd Companies House Filings - See Documents

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