press metal uk limited
press metal uk limited Company Information
Company Number
03653082
Website
www.pressmetalukltd.comRegistered Address
press metal uk limited, beldray road, bilston, WV14 7NH
Industry
Wholesale of metals and metal ores
Telephone
01902498867
Next Accounts Due
September 2024
Group Structure
View All
press metal uk limited Estimated Valuation
Pomanda estimates the enterprise value of PRESS METAL UK LIMITED at £29.3m based on a Turnover of £81.7m and 0.36x industry multiple (adjusted for size and gross margin).
press metal uk limited Estimated Valuation
Pomanda estimates the enterprise value of PRESS METAL UK LIMITED at £21.7m based on an EBITDA of £4.6m and a 4.69x industry multiple (adjusted for size and gross margin).
press metal uk limited Estimated Valuation
Pomanda estimates the enterprise value of PRESS METAL UK LIMITED at £18.9m based on Net Assets of £12.8m and 1.48x industry multiple (adjusted for liquidity).
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Press Metal Uk Limited AI Business Plan
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Press Metal Uk Limited Overview
Press Metal Uk Limited is a live company located in bilston, WV14 7NH with a Companies House number of 03653082. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in October 1998, it's largest shareholder is press metal international (hk) limited with a 100% stake. Press Metal Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £81.7m with low growth in recent years.
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Press Metal Uk Limited Health Check
Pomanda's financial health check has awarded Press Metal Uk Limited a 4.5 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 £81.7m, make it larger than the average company (£28.4m)
£81.7m - Press Metal Uk Limited
£28.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (10.7%)
2% - Press Metal Uk Limited
10.7% - Industry AVG
Production
with a gross margin of 7.9%, this company has a higher cost of product (19.7%)
7.9% - Press Metal Uk Limited
19.7% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (7.8%)
5.6% - Press Metal Uk Limited
7.8% - Industry AVG
Employees
with 26 employees, this is similar to the industry average (29)
26 - Press Metal Uk Limited
29 - Industry AVG
Pay Structure
on an average salary of £64.1k, the company has a higher pay structure (£49.9k)
£64.1k - Press Metal Uk Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £3.1m, this is more efficient (£876.1k)
£3.1m - Press Metal Uk Limited
£876.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is earlier than average (69 days)
54 days - Press Metal Uk Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (47 days)
8 days - Press Metal Uk Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is less than average (90 days)
51 days - Press Metal Uk Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (5 weeks)
10 weeks - Press Metal Uk Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a similar level of debt than the average (60.8%)
54.8% - Press Metal Uk Limited
60.8% - Industry AVG
press metal uk limited Credit Report and Business Information
Press Metal Uk Limited Competitor Analysis
Perform a competitor analysis for press metal uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
press metal uk limited Ownership
PRESS METAL UK LIMITED group structure
Press Metal Uk Limited has no subsidiary companies.
Ultimate parent company
PRESS METAL ALUMINIUM HOLDINGS BERHAD
#0135538
PRESS METAL INTERNATIONAL HK LTD
#0113089
2 parents
PRESS METAL UK LIMITED
03653082
press metal uk limited directors
Press Metal Uk Limited currently has 2 directors. The longest serving directors include Mr Poh Koon (Nov 1998) and Mr Poh Koon (Nov 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Poh Koon | United Kingdom | 64 years | Nov 1998 | - | Director |
| Mr Poh Koon | United Kingdom | 63 years | Nov 1998 | - | Director |
PRESS METAL UK LIMITED financials
Press Metal Uk Limited's latest turnover from December 2022 is £81.7 million and the company has net assets of £12.8 million. According to their latest financial statements, Press Metal Uk Limited has 26 employees and maintains cash reserves of £3 million 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 | 81,679,205 | 69,883,489 | 49,309,201 | 75,861,317 | 91,724,314 | 75,307,960 | 51,652,307 | 54,109,719 | 47,353,283 | 43,431,189 | 45,057,609 | 49,712,720 | 45,466,968 | 33,813,745 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 75,246,899 | 65,941,263 | 46,602,136 | 71,481,575 | 88,083,547 | 72,466,312 | 50,074,092 | 52,739,055 | 46,181,037 | 42,292,796 | 43,753,150 | 48,658,643 | 44,257,999 | 32,670,643 |
| Gross Profit | 6,432,306 | 3,942,226 | 2,707,065 | 4,379,742 | 3,640,767 | 2,841,648 | 1,578,215 | 1,370,664 | 1,172,246 | 1,138,393 | 1,304,459 | 1,054,077 | 1,208,969 | 1,143,102 |
| Admin Expenses | 1,878,946 | 1,400,055 | 1,238,369 | 1,213,865 | 995,693 | 940,425 | 759,591 | 1,495,424 | 949,728 | 820,437 | 1,224,170 | 765,414 | 814,304 | 856,837 |
| Operating Profit | 4,553,360 | 2,542,171 | 1,468,696 | 3,165,877 | 2,645,074 | 1,901,223 | 818,624 | -124,760 | 222,518 | 317,956 | 80,289 | 288,663 | 394,665 | 286,265 |
| Interest Payable | 0 | 0 | 0 | 1,451 | 1,240 | 1,602 | 0 | 0 | 5 | 44 | 38 | 397 | 7,057 | 41,458 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 289 | 0 | 1 | 0 | 0 | 233 | 395 | 289 | 42 |
| Pre-Tax Profit | 4,553,360 | 2,542,171 | 1,468,696 | 3,164,426 | 2,643,834 | 1,899,910 | 818,624 | -124,759 | 222,513 | 317,912 | 80,484 | 288,661 | 387,897 | 244,849 |
| Tax | -924,140 | -496,193 | -291,454 | -624,671 | -535,935 | -364,731 | -167,748 | 23,885 | -50,093 | -86,128 | -26,032 | -69,382 | -118,667 | -78,619 |
| Profit After Tax | 3,629,220 | 2,045,978 | 1,177,242 | 2,539,755 | 2,107,899 | 1,535,179 | 650,876 | -100,874 | 172,420 | 231,784 | 54,452 | 219,279 | 269,230 | 166,230 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 1,944,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,629,220 | 2,045,978 | 1,177,242 | 2,539,755 | 2,107,899 | -408,821 | 650,876 | -100,874 | 172,420 | 231,784 | 54,452 | 219,279 | 269,230 | 166,230 |
| Employee Costs | 1,667,319 | 1,449,259 | 1,592,310 | 1,903,674 | 1,455,131 | 1,226,830 | 1,083,559 | 954,886 | 1,028,485 | 793,679 | 661,796 | 668,582 | 724,460 | 763,003 |
| Number Of Employees | 26 | 21 | 29 | 32 | 32 | 27 | 24 | 24 | 24 | 22 | 19 | 20 | 21 | 25 |
| EBITDA* | 4,639,132 | 2,655,378 | 1,549,149 | 3,249,895 | 2,737,074 | 1,986,103 | 897,963 | -51,765 | 282,448 | 379,079 | 144,711 | 354,965 | 464,250 | 356,153 |
* 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 | 1,668,703 | 1,655,585 | 1,723,607 | 1,782,324 | 1,847,849 | 1,926,548 | 1,732,660 | 1,738,557 | 1,729,506 | 1,737,818 | 1,795,787 | 1,844,391 | 1,891,851 | 1,936,400 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,668,703 | 1,655,585 | 1,723,607 | 1,782,324 | 1,847,849 | 1,926,548 | 1,732,660 | 1,738,557 | 1,729,506 | 1,737,818 | 1,795,787 | 1,844,391 | 1,891,851 | 1,936,400 |
| Stock & work in progress | 10,615,497 | 20,795,328 | 9,195,021 | 12,240,095 | 11,864,118 | 13,211,631 | 7,640,788 | 6,719,775 | 7,397,030 | 5,677,454 | 5,785,225 | 7,109,889 | 5,215,428 | 5,138,060 |
| Trade Debtors | 12,305,129 | 18,448,307 | 9,843,126 | 18,604,980 | 21,607,944 | 21,077,389 | 15,493,486 | 11,704,253 | 12,554,025 | 12,340,346 | 10,203,635 | 11,671,359 | 11,927,956 | 9,684,060 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 725,643 | 853,104 | 1,850,163 | 222,805 | 165,168 | 107,975 | 87,580 | 177,309 | 48,228 | 75,541 | 71,864 | 67,099 | 50,284 | 80,914 |
| Cash | 3,031,495 | 2,136,928 | 3,088,769 | 1,595,638 | 2,460,872 | 1,755,624 | 1,212,001 | 1,633,010 | 775,636 | 306,404 | 337,583 | 819,532 | 517,559 | 648,525 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,677,764 | 42,233,667 | 23,977,079 | 32,663,518 | 36,098,102 | 36,152,619 | 24,433,855 | 20,234,347 | 20,774,919 | 18,399,745 | 16,398,307 | 19,667,879 | 17,711,227 | 15,551,559 |
| total assets | 28,346,467 | 43,889,252 | 25,700,686 | 34,445,842 | 37,945,951 | 38,079,167 | 26,166,515 | 21,972,904 | 22,504,425 | 20,137,563 | 18,194,094 | 21,512,270 | 19,603,078 | 17,487,959 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 617,647 |
| Trade Creditors | 1,766,532 | 1,294,049 | 625,683 | 629,843 | 468,465 | 226,864 | 121,928 | 375,230 | 154,840 | 212,615 | 257,444 | 234,093 | 423,869 | 186,347 |
| Group/Directors Accounts | 13,522,086 | 33,118,426 | 17,136,022 | 26,744,827 | 33,036,904 | 34,848,143 | 23,380,119 | 20,147,064 | 20,476,174 | 18,337,861 | 15,605,879 | 18,862,642 | 16,730,582 | 14,611,742 |
| 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 | 0 |
| other current liabilities | 189,288 | 287,516 | 795,698 | 1,105,131 | 1,014,296 | 1,685,773 | 937,260 | 374,278 | 696,205 | 582,301 | 217,769 | 356,985 | 609,356 | 502,182 |
| total current liabilities | 15,477,906 | 34,699,991 | 18,557,403 | 28,479,801 | 34,519,665 | 36,760,780 | 24,439,307 | 20,896,572 | 21,327,219 | 19,132,777 | 16,081,092 | 19,453,720 | 17,763,807 | 15,917,918 |
| loans | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 50,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 50,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 15,527,986 | 34,699,991 | 18,557,403 | 28,479,801 | 34,519,665 | 36,760,780 | 24,439,307 | 20,896,572 | 21,327,219 | 19,132,777 | 16,081,092 | 19,453,720 | 17,763,807 | 15,917,918 |
| net assets | 12,818,481 | 9,189,261 | 7,143,283 | 5,966,041 | 3,426,286 | 1,318,387 | 1,727,208 | 1,076,332 | 1,177,206 | 1,004,786 | 2,113,002 | 2,058,550 | 1,839,271 | 1,570,041 |
| total shareholders funds | 12,818,481 | 9,189,261 | 7,143,283 | 5,966,041 | 3,426,286 | 1,318,387 | 1,727,208 | 1,076,332 | 1,177,206 | 1,004,786 | 2,113,002 | 2,058,550 | 1,839,271 | 1,570,041 |
| 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 | 4,553,360 | 2,542,171 | 1,468,696 | 3,165,877 | 2,645,074 | 1,901,223 | 818,624 | -124,760 | 222,518 | 317,956 | 80,289 | 288,663 | 394,665 | 286,265 |
| Depreciation | 85,772 | 113,207 | 80,453 | 84,018 | 92,000 | 84,880 | 79,339 | 72,995 | 59,930 | 61,123 | 64,422 | 66,302 | 69,585 | 69,888 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -924,140 | -496,193 | -291,454 | -624,671 | -535,935 | -364,731 | -167,748 | 23,885 | -50,093 | -86,128 | -26,032 | -69,382 | -118,667 | -78,619 |
| Stock | -10,179,831 | 11,600,307 | -3,045,074 | 375,977 | -1,347,513 | 5,570,843 | 921,013 | -677,255 | 1,719,576 | -107,771 | -1,324,664 | 1,894,461 | 77,368 | 5,138,060 |
| Debtors | -6,270,639 | 7,608,122 | -7,134,496 | -2,945,327 | 587,748 | 5,604,298 | 3,699,504 | -720,691 | 186,366 | 2,140,388 | -1,462,959 | -239,782 | 2,213,266 | 9,764,974 |
| Creditors | 472,483 | 668,366 | -4,160 | 161,378 | 241,601 | 104,936 | -253,302 | 220,390 | -57,775 | -44,829 | 23,351 | -189,776 | 237,522 | 186,347 |
| Accruals and Deferred Income | -98,228 | -508,182 | -309,433 | 90,835 | -671,477 | 748,513 | 562,982 | -321,927 | 113,904 | 364,532 | -139,216 | -252,371 | 107,174 | 502,182 |
| Deferred Taxes & Provisions | 50,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 20,589,797 | -16,889,060 | 11,123,672 | 5,446,787 | 2,531,028 | -8,700,320 | -3,580,622 | 1,268,529 | -1,617,458 | -1,419,963 | 2,790,437 | -1,811,243 | -1,600,355 | -13,936,971 |
| Investing Activities | ||||||||||||||
| capital expenditure | -18,011 | -286,217 | -85,717 | -54,057 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -18,011 | -286,217 | -85,717 | -54,057 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -617,647 | 617,647 |
| Group/Directors Accounts | -19,596,340 | 15,982,404 | -9,608,805 | -6,292,077 | -1,811,239 | 11,468,024 | 3,233,055 | -329,110 | 2,138,313 | 2,731,982 | -3,256,763 | 2,132,060 | 2,118,840 | 14,611,742 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | -1,451 | -1,240 | -1,313 | 0 | 1 | -5 | -44 | 195 | -2 | -6,768 | -41,416 |
| cash flow from financing | -19,596,340 | 15,982,404 | -9,608,805 | -6,293,528 | -1,812,479 | 11,466,711 | 3,233,055 | -329,109 | 2,138,308 | 1,391,938 | -3,256,568 | 2,132,058 | 1,494,425 | 16,591,784 |
| cash and cash equivalents | ||||||||||||||
| cash | 894,567 | -951,841 | 1,493,131 | -865,234 | 705,248 | 543,623 | -421,009 | 857,374 | 469,232 | -31,179 | -481,949 | 301,973 | -130,966 | 648,525 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 894,567 | -951,841 | 1,493,131 | -865,234 | 705,248 | 543,623 | -421,009 | 857,374 | 469,232 | -31,179 | -481,949 | 301,973 | -130,966 | 648,525 |
P&L
December 2022turnover
81.7m
+17%
operating profit
4.6m
+79%
gross margin
7.9%
+39.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
12.8m
+0.39%
total assets
28.3m
-0.35%
cash
3m
+0.42%
net assets
Total assets minus all liabilities
press metal uk limited company details
company number
03653082
Type
Private limited with Share Capital
industry
46720 - Wholesale of metals and metal ores
incorporation date
October 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
watpool limited (November 1998)
incorporated
UK
address
press metal uk limited, beldray road, bilston, WV14 7NH
last accounts submitted
December 2022
press metal uk 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 2 charges/mortgages relating to press metal uk limited. Currently there are 0 open charges and 2 have been satisfied in the past.
press metal uk limited Companies House Filings - See Documents
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