Pomanda estimates the enterprise value of PLASTEK UK LTD at £10.7m based on a Turnover of £23.9m and 0.45x industry multiple (adjusted for size and gross margin).
plastek uk ltdEstimated Valuation
£5.3m
Pomanda estimates the enterprise value of PLASTEK UK LTD at £5.3m based on an EBITDA of £1.5m and a 3.44x industry multiple (adjusted for size and gross margin).
plastek uk ltdEstimated Valuation
£18.6m
Pomanda estimates the enterprise value of PLASTEK UK LTD at £18.6m based on Net Assets of £11.2m and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Plastek Uk LtdOverview
Plastek Uk Ltd is a live company located in mansfield, NG19 0FT with a Companies House number of 03567624. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in May 1998, it's largest shareholder is
plastek industries inc.
with a 100% stake. Plastek Uk Ltd is a mature,
large sized company, Pomanda has estimated its turnover at
£23.9m with
declining
growth in recent years.
Pomanda's financial health check has awarded Plastek Uk Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £23.9m, make it larger than the average company (£16.9m)
£23.9m - Plastek Uk Ltd
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.1%)
-5% - Plastek Uk Ltd
8.1% - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (26.6%)
10.5% - Plastek Uk Ltd
26.6% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (5.4%)
3% - Plastek Uk Ltd
5.4% - Industry AVG
Employees
with 111 employees, this is similar to the industry average (102)
111 - Plastek Uk Ltd
102 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£37.4k)
£44.5k - Plastek Uk Ltd
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £214.9k, this is more efficient (£172k)
£214.9k - Plastek Uk Ltd
£172k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (51 days)
64 days - Plastek Uk Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (38 days)
39 days - Plastek Uk Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (58 days)
21 days - Plastek Uk Ltd
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (13 weeks)
8 weeks - Plastek Uk Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (41.9%)
29.5% - Plastek Uk Ltd
41.9% - Industry AVG
PLASTEK UK LTD financials
EXPORT
Plastek Uk Ltd's latest turnover from December 2023 is £23.9 million and the company has net assets of £11.2 million. According to their latest financial statements, Plastek Uk Ltd has 111 employees and maintains cash reserves of £590.9 thousand 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
23,853,932
31,981,937
26,691,019
28,004,084
27,990,013
30,624,426
28,095,650
24,928,643
25,717,404
24,436,883
20,671,129
18,937,527
15,122,489
11,016,158
7,837,517
Other Income Or Grants
Cost Of Sales
21,352,720
28,626,573
22,936,297
24,789,675
23,510,746
26,727,566
25,124,767
20,830,881
21,336,443
19,977,424
17,313,517
15,904,694
12,481,279
9,777,160
7,536,693
Gross Profit
2,501,212
3,355,364
3,754,722
3,214,409
4,479,267
3,896,860
2,970,883
4,097,762
4,380,961
4,459,459
3,357,612
3,032,833
2,641,210
1,238,998
300,824
Admin Expenses
1,788,372
1,054,295
1,668,606
1,527,842
2,275,470
2,073,510
1,578,949
1,594,154
1,755,665
1,325,078
1,783,353
910,830
678,966
977,534
-537,695
Operating Profit
712,840
2,301,069
2,086,116
1,686,567
2,203,797
1,823,350
1,391,934
2,503,608
2,625,296
3,134,381
1,574,259
2,122,003
1,962,244
261,464
838,519
Interest Payable
259,098
184,853
42,007
863
2,808
7,626
14,397
14,004
35,139
46,761
37,973
48,976
109,180
157,512
315,358
Interest Receivable
1,301
2,535
1,590
1,267
1,538
795
1,212
828
919
200
654
554
368
1,330
Pre-Tax Profit
455,043
2,116,216
2,046,644
1,687,294
2,202,256
1,817,262
1,378,332
2,490,816
2,590,985
3,088,539
1,536,486
2,073,681
1,853,618
104,320
524,491
Tax
-147,673
-420,842
-551,009
-410,235
-432,481
-361,000
-278,000
-562,858
-568,307
-656,642
-493,689
1,448,246
1,061,250
Profit After Tax
307,370
1,695,374
1,495,635
1,277,059
1,769,775
1,456,262
1,100,332
1,927,958
2,022,678
2,431,897
1,042,797
3,521,927
2,914,868
104,320
524,491
Dividends Paid
3,776,073
2,969,507
3,073,615
3,148,668
2,853,140
983,902
Retained Profit
-3,468,703
-1,274,133
-1,577,980
-1,871,609
-1,083,365
472,360
1,100,332
1,927,958
2,022,678
2,431,897
1,042,797
3,521,927
2,914,868
104,320
524,491
Employee Costs
4,939,268
5,508,262
5,024,232
5,169,093
5,158,913
4,982,220
4,530,923
4,209,465
3,986,930
3,629,940
3,126,541
2,641,826
2,256,135
2,101,569
2,086,412
Number Of Employees
111
129
131
139
144
143
139
135
131
130
116
97
86
87
85
EBITDA*
1,548,368
3,210,609
3,051,178
2,593,061
3,094,533
2,686,970
2,261,594
3,384,242
3,355,910
3,881,268
2,199,328
2,631,518
2,458,420
892,866
1,753,890
* 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
9,185,868
9,431,574
10,243,280
11,141,697
12,030,932
11,770,419
12,138,153
12,356,723
13,025,464
11,964,470
11,336,436
10,243,860
9,162,633
8,667,686
9,307,989
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
255,288
113,392
245,858
868,838
1,442,567
2,130,469
693,750
Total Fixed Assets
9,185,868
9,431,574
10,498,568
11,141,697
12,144,324
11,770,419
12,138,153
12,356,723
13,271,322
12,833,308
12,779,003
12,374,329
9,856,383
8,667,686
9,307,989
Stock & work in progress
1,234,440
2,233,086
2,444,875
1,935,772
1,798,200
2,303,625
2,065,601
1,572,666
1,686,382
1,532,405
1,693,394
1,494,592
1,332,760
1,119,238
749,011
Trade Debtors
4,189,819
5,118,729
4,584,178
5,387,685
4,829,648
8,401,544
9,071,357
6,398,157
4,804,076
4,439,348
3,715,156
2,290,394
2,462,619
2,697,212
1,783,685
Group Debtors
5,458
492
5,066
28,029
3,000
Misc Debtors
606,914
1,183,944
1,885,246
2,960,899
3,123,967
2,089,938
2,173,276
1,683,486
2,556,587
2,016,701
1,524,106
957,146
948,851
582,292
425,503
Cash
590,897
567,070
373,493
194,051
638,448
809,811
8,350
584,558
82,610
85,094
54,657
388,062
477,696
225,986
240,849
misc current assets
total current assets
6,622,070
9,108,287
9,287,792
10,478,899
10,395,329
13,604,918
13,346,613
10,241,867
9,129,655
8,073,548
6,987,313
5,130,194
5,221,926
4,624,728
3,199,048
total assets
15,807,938
18,539,861
19,786,360
21,620,596
22,539,653
25,375,337
25,484,766
22,598,590
22,400,977
20,906,856
19,766,316
17,504,523
15,078,309
13,292,414
12,507,037
Bank overdraft
2,740
Bank loan
422,092
2,354,050
Trade Creditors
2,300,181
2,191,546
2,325,662
1,696,810
1,954,421
1,956,000
2,353,909
1,567,749
2,120,301
2,535,910
2,487,018
2,182,667
1,958,180
1,220,779
1,026,531
Group/Directors Accounts
517,907
513,792
447,799
390,802
167,154
973,394
1,579,263
657,929
545,987
255,513
2,847
266,008
other short term finances
250,443
563,281
396,681
749,195
hp & lease commitments
99,050
other current liabilities
850,611
769,267
598,567
307,466
627,657
517,613
244,169
232,810
450,563
336,011
588,218
388,508
343,725
234,796
407,903
total current liabilities
3,767,749
3,474,605
3,372,028
2,645,521
2,749,232
4,010,288
4,574,022
3,629,775
5,473,641
3,127,434
3,078,083
2,837,183
2,301,905
1,455,575
1,434,434
loans
1,050,063
633,063
905,118
113,521
2,874,764
4,128,475
3,048,091
4,576,794
6,449,809
5,687,605
hp & lease commitments
404,791
Accruals and Deferred Income
other liabilities
provisions
483,202
444,357
519,300
452,000
445,800
304,000
50,000
total long term liabilities
887,993
444,357
519,300
1,502,063
445,800
937,063
955,118
113,521
2,874,764
4,128,475
3,048,091
4,576,794
6,449,809
5,687,605
total liabilities
4,655,742
3,918,962
3,891,328
4,147,584
3,195,032
4,947,351
5,529,140
3,743,296
5,473,641
6,002,198
7,206,558
5,885,274
6,878,699
7,905,384
7,122,039
net assets
11,152,196
14,620,899
15,895,032
17,473,012
19,344,621
20,427,986
19,955,626
18,855,294
16,927,336
14,904,658
12,559,758
11,619,249
8,199,610
5,387,030
5,384,998
total shareholders funds
11,152,196
14,620,899
15,895,032
17,473,012
19,344,621
20,427,986
19,955,626
18,855,294
16,927,336
14,904,658
12,559,758
11,619,249
8,199,610
5,387,030
5,384,998
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
712,840
2,301,069
2,086,116
1,686,567
2,203,797
1,823,350
1,391,934
2,503,608
2,625,296
3,134,381
1,574,259
2,122,003
1,962,244
261,464
838,519
Depreciation
835,528
909,540
965,062
906,494
890,736
863,620
869,660
880,634
730,614
746,887
625,069
509,515
496,176
631,402
915,371
Amortisation
Tax
-147,673
-420,842
-551,009
-410,235
-432,481
-361,000
-278,000
-562,858
-568,307
-656,642
-493,689
1,448,246
1,061,250
Stock
-998,646
-211,789
509,103
137,572
-505,425
238,024
492,935
-113,716
153,977
-160,989
198,802
161,832
213,522
370,227
749,011
Debtors
-1,511,398
-416,581
-1,624,364
277,003
-2,419,409
-781,180
3,188,019
478,122
281,634
643,058
1,303,820
1,272,789
825,716
1,070,316
2,209,188
Creditors
108,635
-134,116
628,852
-257,611
-1,579
-397,909
786,160
-552,552
-415,609
48,892
304,351
224,487
737,401
194,248
1,026,531
Accruals and Deferred Income
81,344
170,700
291,101
-320,191
110,044
273,444
11,359
-217,753
114,552
-252,207
199,710
44,783
108,929
-173,107
407,903
Deferred Taxes & Provisions
38,845
-74,943
67,300
6,200
141,800
254,000
50,000
Cash flow from operations
4,139,563
3,379,778
4,602,683
1,196,649
5,837,151
2,998,661
-849,841
1,686,673
2,050,935
2,539,242
707,078
2,914,413
3,326,762
-526,536
230,125
Investing Activities
capital expenditure
-495,886
-652,264
-211,893
-1,788,708
-1,481,504
-1,716,645
-1,577,577
-991,714
8,901
-59,138
Change in Investments
cash flow from investments
-495,886
-652,264
-211,893
-1,788,708
-1,481,504
-1,716,645
-1,577,577
-991,714
8,901
-59,138
Financing Activities
Bank loans
-422,092
-1,931,958
2,354,050
Group/Directors Accounts
4,115
65,993
56,997
223,648
-806,240
-605,869
921,334
111,942
290,474
252,666
-263,161
266,008
Other Short Term Loans
-250,443
250,443
-563,281
166,600
-352,514
749,195
Long term loans
-1,050,063
1,050,063
-633,063
-272,055
791,597
113,521
-2,874,764
-1,253,711
1,080,384
-1,528,703
-1,873,015
762,204
5,687,605
Hire Purchase and Lease Commitments
503,841
other long term liabilities
share issue
-86,997
-102,288
-102,288
-102,288
-102,288
4,860,507
interest
-257,797
-184,853
-39,472
727
-1,541
-6,088
-13,602
-12,792
-34,311
-45,842
-37,773
-48,322
-108,626
-157,144
-314,028
cash flow from financing
250,159
-118,860
-1,282,981
1,524,881
-2,004,125
-717,412
924,723
-970,092
-264,551
-1,133,884
677,162
-1,413,305
-2,083,929
502,772
10,234,084
cash and cash equivalents
cash
23,827
193,577
179,442
-444,397
-171,363
801,461
-576,208
501,948
-2,484
30,437
-333,405
-89,634
251,710
-14,863
240,849
overdraft
-2,740
2,740
change in cash
23,827
193,577
179,442
-444,397
-171,363
801,461
-576,208
504,688
-5,224
30,437
-333,405
-89,634
251,710
-14,863
240,849
plastek uk ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for plastek uk ltd. Get real-time insights into plastek uk ltd's credit score, group structure and payment trends.
Perform a competitor analysis for plastek uk ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NG19 area or any other competitors across 12 key performance metrics.
plastek uk ltd Ownership
PLASTEK UK LTD group structure
Plastek Uk Ltd has no subsidiary companies.
Ultimate parent company
PLASTEK INDUSTRIES INC
#0043482
1 parent
PLASTEK UK LTD
03567624
PLASTEK UK LTD Shareholders
The sole shareholder of Plastek Uk Ltd is Plastek Industries Inc..
plastek industries inc.
100%
plastek uk ltd directors
Plastek Uk Ltd currently has 2 directors.
The longest serving directors include
Mr Dennis Prischak (Aug 1998) and
Mr Daniel Prischak (Aug 1998).
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 6 charges/mortgages relating to plastek uk ltd. Currently there are 2 open charges and 4 have been satisfied in the past.
plastek uk 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.
Click to start generating capital raising & share issue transactions for PLASTEK UK LTD. This can take several minutes, an email will notify you when this has completed.
plastek uk ltdCompanies House Filings - See Documents
