alpro (uk) limited

alpro (uk) limited Company Information

Share ALPRO (UK) LIMITED
Live 
MatureMegaDeclining

Company Number

03708934

Industry

Manufacture of fruit and vegetable juice

 

Manufacture of milk products (other than liquid milk and cream, butter, cheese) n.e.c.

 
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Shareholders

alpro european holdings s.a.r.l.

Group Structure

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Contact

Registered Address

latimer business park, altendiez way, burton latimer, kettering, northamptonshire, NN15 5YT

alpro (uk) limited Estimated Valuation

£94.7m

Pomanda estimates the enterprise value of ALPRO (UK) LIMITED at £94.7m based on a Turnover of £110.7m and 0.86x industry multiple (adjusted for size and gross margin).

alpro (uk) limited Estimated Valuation

£111.4m

Pomanda estimates the enterprise value of ALPRO (UK) LIMITED at £111.4m based on an EBITDA of £15.2m and a 7.33x industry multiple (adjusted for size and gross margin).

alpro (uk) limited Estimated Valuation

£119m

Pomanda estimates the enterprise value of ALPRO (UK) LIMITED at £119m based on Net Assets of £60.8m and 1.96x industry multiple (adjusted for liquidity).

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Alpro (uk) Limited Overview

Alpro (uk) Limited is a live company located in kettering, NN15 5YT with a Companies House number of 03708934. It operates in the manufacture of fruit and vegetable juice sector, SIC Code 10320. Founded in February 1999, it's largest shareholder is alpro european holdings s.a.r.l. with a 100% stake. Alpro (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £110.7m with declining growth in recent years.

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Alpro (uk) Limited Health Check

Pomanda's financial health check has awarded Alpro (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £110.7m, make it larger than the average company (£37.7m)

£110.7m - Alpro (uk) Limited

£37.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (9.6%)

-24% - Alpro (uk) Limited

9.6% - Industry AVG

production

Production

with a gross margin of 14.5%, this company has a higher cost of product (23.7%)

14.5% - Alpro (uk) Limited

23.7% - Industry AVG

profitability

Profitability

an operating margin of 7.6% make it more profitable than the average company (3.9%)

7.6% - Alpro (uk) Limited

3.9% - Industry AVG

employees

Employees

with 231 employees, this is above the industry average (90)

231 - Alpro (uk) Limited

90 - Industry AVG

paystructure

Pay Structure

on an average salary of £56k, the company has a higher pay structure (£42.5k)

£56k - Alpro (uk) Limited

£42.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £479.3k, this is equally as efficient (£433.4k)

£479.3k - Alpro (uk) Limited

£433.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Alpro (uk) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (37 days)

18 days - Alpro (uk) Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 29 days, this is in line with average (32 days)

29 days - Alpro (uk) Limited

32 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Alpro (uk) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (52%)

29.8% - Alpro (uk) Limited

52% - Industry AVG

ALPRO (UK) LIMITED financials

EXPORTms excel logo

Alpro (Uk) Limited's latest turnover from December 2023 is £110.7 million and the company has net assets of £60.8 million. According to their latest financial statements, Alpro (Uk) Limited has 231 employees 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
Turnover110,712,000166,084,000266,640,000252,746,000227,243,000210,474,000183,375,000157,016,000129,967,000106,912,00089,513,00083,379,00076,069,00072,493,00070,098,000
Other Income Or Grants000000000000000
Cost Of Sales94,683,000132,247,000167,679,000206,724,311182,874,608171,424,994147,879,592121,281,184102,223,48584,851,38272,381,93968,856,86562,054,38055,394,84956,078,400
Gross Profit16,029,00033,837,00098,961,00046,021,68944,368,39239,049,00635,495,40835,734,81627,743,51522,060,61817,131,06114,522,13514,014,62017,098,15114,019,600
Admin Expenses7,592,00025,595,00090,682,00036,228,68935,989,39230,142,00627,470,40829,899,81622,250,51517,721,61813,794,06111,841,13510,608,62014,287,15110,945,600
Operating Profit8,437,0008,242,0008,279,0009,793,0008,379,0008,907,0008,025,0005,835,0005,493,0004,339,0003,337,0002,681,0003,406,0002,811,0003,074,000
Interest Payable1,472,000788,0003,0006,000126,00034,00015,00034,00038,000171,000336,000193,0004,00014,00014,000
Interest Receivable1,546,000163,00007,00015,0000000108,00023,00026,00043,000398,000329,000
Pre-Tax Profit8,511,0007,617,0008,276,0009,794,0008,268,0008,863,0007,976,0005,801,0005,455,0004,277,0003,024,0002,514,0003,445,0003,195,0003,389,000
Tax-2,170,000-2,380,000-1,427,000-1,984,000-1,892,000-1,570,000-1,586,000-1,002,000-1,145,000-964,000-682,000-578,000-763,000-935,000-1,050,000
Profit After Tax6,341,0005,237,0006,849,0007,810,0006,376,0007,293,0006,390,0004,799,0004,310,0003,313,0002,342,0001,936,0002,682,0002,260,0002,339,000
Dividends Paid00007,293,0000000010,033,0008,550,00015,001,00015,001,0000
Retained Profit6,341,0005,237,0006,849,0007,810,000-917,0007,293,0006,390,0004,799,0004,310,0003,313,000-7,691,000-6,614,000-12,319,000-12,741,0002,339,000
Employee Costs12,930,00011,710,00017,653,00015,376,00013,035,00012,287,00011,225,0009,201,0008,730,0006,791,0006,410,0006,039,0005,710,0005,701,0005,352,000
Number Of Employees231227270257249247206177178154123124126120119
EBITDA*15,202,00016,017,00014,772,00015,753,00014,147,00014,249,00012,603,00010,312,0009,039,0006,130,0005,253,0004,611,0005,521,0004,892,0005,050,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets45,594,00044,386,00047,901,00038,430,00036,662,00038,754,00039,639,00035,134,00036,600,00028,452,00012,653,00013,090,00013,883,00015,305,00016,605,000
Intangible Assets20,00077,000130,000130,00063,00070,00056,00052,0001,0001,00003,0005,0004,0000
Investments & Other00000000008,040,00017,000,000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets45,614,00044,463,00048,031,00038,560,00036,725,00038,824,00039,695,00035,186,00036,601,00028,453,00020,693,00030,093,00013,888,00015,309,00016,605,000
Stock & work in progress7,532,0007,567,00014,762,00015,533,0009,667,0009,205,0009,490,0008,708,0006,378,0004,766,0004,662,0003,640,0003,344,0003,510,0003,703,000
Trade Debtors040,00048,317,00049,660,00040,015,00031,634,00028,006,00025,400,00022,576,00018,726,00014,794,00014,756,00012,887,00011,899,00011,284,000
Group Debtors30,694,00024,775,0008,510,00010,515,0007,604,0001,232,0001,348,000237,000196,00015,00036,000312,000158,000241,00015,057,000
Misc Debtors2,807,0005,398,0004,478,0003,036,0002,019,0001,309,0002,104,0001,533,0001,126,0001,515,000702,000763,000826,0001,377,000928,000
Cash0000024,248,000507,0000007,901,0008,559,0008,712,00019,054,000665,000
misc current assets000000000000000
total current assets41,033,00037,780,00076,067,00078,744,00059,305,00067,628,00041,455,00035,878,00030,276,00025,022,00028,095,00028,030,00025,927,00036,081,00031,637,000
total assets86,647,00082,243,000124,098,000117,304,00096,030,000106,452,00081,150,00071,064,00066,877,00053,475,00048,788,00058,123,00039,815,00051,390,00048,242,000
Bank overdraft0000271,00014,466,00003,147,0006,646,0001,899,00000000
Bank loan000000000000000
Trade Creditors 4,774,00011,360,00027,141,00031,012,00023,398,00020,329,00019,243,00017,803,00015,996,00013,527,00010,753,0009,506,0008,225,0008,341,0008,255,000
Group/Directors Accounts5,270,0008,858,00020,336,00015,517,00013,196,00012,371,0009,448,0005,105,0004,063,0002,870,00010,125,00012,948,0005,983,0004,571,0003,828,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities11,736,0002,371,0004,490,0006,861,0003,008,0002,236,0002,462,0001,547,0001,340,000932,0001,051,0001,001,0001,044,0001,122,0001,030,000
total current liabilities21,780,00022,589,00051,967,00053,390,00039,873,00049,402,00031,153,00027,602,00028,045,00019,228,00021,929,00023,455,00015,252,00014,034,00013,113,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions4,052,0005,180,0002,170,000802,000855,000831,0001,071,000926,0001,095,000820,000445,000563,000844,0001,318,0001,351,000
total long term liabilities4,052,0005,180,0002,170,000802,000855,000831,0001,071,000926,0001,095,000820,000445,000563,000844,0001,318,0001,351,000
total liabilities25,832,00027,769,00054,137,00054,192,00040,728,00050,233,00032,224,00028,528,00029,140,00020,048,00022,374,00024,018,00016,096,00015,352,00014,464,000
net assets60,815,00054,474,00069,961,00063,112,00055,302,00056,219,00048,926,00042,536,00037,737,00033,427,00026,414,00034,105,00023,719,00036,038,00033,778,000
total shareholders funds60,815,00054,474,00069,961,00063,112,00055,302,00056,219,00048,926,00042,536,00037,737,00033,427,00026,414,00034,105,00023,719,00036,038,00033,778,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit8,437,0008,242,0008,279,0009,793,0008,379,0008,907,0008,025,0005,835,0005,493,0004,339,0003,337,0002,681,0003,406,0002,811,0003,074,000
Depreciation6,708,0007,448,0006,433,0005,921,0005,716,0005,299,0004,586,0004,473,0003,545,0001,790,0001,913,0001,928,0002,113,0002,081,0001,976,000
Amortisation57,000327,00060,00039,00052,00043,000-8,0004,0001,0001,0003,0002,0002,00000
Tax-2,170,000-2,380,000-1,427,000-1,984,000-1,892,000-1,570,000-1,586,000-1,002,000-1,145,000-964,000-682,000-578,000-763,000-935,000-1,050,000
Stock-35,000-7,195,000-771,0005,866,000462,000-285,000782,0002,330,0001,612,000104,0001,022,000296,000-166,000-193,0003,703,000
Debtors3,288,000-31,092,000-1,906,00013,573,00015,463,0002,717,0004,288,0003,272,0003,642,0004,724,000-299,0001,960,000354,000-13,752,00027,269,000
Creditors-6,586,000-15,781,000-3,871,0007,614,0003,069,0001,086,0001,440,0001,807,0002,469,0002,774,0001,247,0001,281,000-116,00086,0008,255,000
Accruals and Deferred Income9,365,000-2,119,000-2,371,0003,853,000772,000-226,000915,000207,000408,000-119,00050,000-43,000-78,00092,0001,030,000
Deferred Taxes & Provisions-1,128,0003,010,0001,368,000-53,00024,000-240,000145,000-169,000275,000375,000-118,000-281,000-474,000-33,0001,351,000
Cash flow from operations11,430,00037,034,00011,148,0005,744,000195,00010,867,0008,447,0005,553,0005,792,0003,368,0005,027,0002,734,0003,902,00018,047,000-16,336,000
Investing Activities
capital expenditure-7,916,000-4,207,000-15,964,000-7,795,000-3,669,000-4,471,000-9,087,000-3,062,000-11,694,000-17,591,000-1,476,000-1,135,000-694,000-785,000-18,581,000
Change in Investments000000000-8,040,000-8,960,00017,000,000000
cash flow from investments-7,916,000-4,207,000-15,964,000-7,795,000-3,669,000-4,471,000-9,087,000-3,062,000-11,694,000-9,551,0007,484,000-18,135,000-694,000-785,000-18,581,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-3,588,000-11,478,0004,819,0002,321,000825,0002,923,0004,343,0001,042,0001,193,000-7,255,000-2,823,0006,965,0001,412,000743,0003,828,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0-20,724,00000000003,700,000017,000,000015,001,00031,439,000
interest74,000-625,000-3,0001,000-111,000-34,000-15,000-34,000-38,000-63,000-313,000-167,00039,000384,000315,000
cash flow from financing-3,514,000-32,827,0004,816,0002,322,000714,0002,889,0004,328,0001,008,0001,155,000-3,618,000-3,136,00023,798,0001,451,00016,128,00035,582,000
cash and cash equivalents
cash0000-24,248,00023,741,000507,00000-7,901,000-658,000-153,000-10,342,00018,389,000665,000
overdraft000-271,000-14,195,00014,466,000-3,147,000-3,499,0004,747,0001,899,00000000
change in cash000271,000-10,053,0009,275,0003,654,0003,499,000-4,747,000-9,800,000-658,000-153,000-10,342,00018,389,000665,000

alpro (uk) limited 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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Alpro (uk) Limited Competitor Analysis

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Perform a competitor analysis for alpro (uk) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in NN15 area or any other competitors across 12 key performance metrics.

alpro (uk) limited Ownership

ALPRO (UK) LIMITED group structure

Alpro (Uk) Limited has no subsidiary companies.

Ultimate parent company

DANONE SA

#0013434

ALPRO EUROPEAN HOLDINGS SARL

#0044780

2 parents

ALPRO (UK) LIMITED

03708934

ALPRO (UK) LIMITED Shareholders

alpro european holdings s.a.r.l. 100%

alpro (uk) limited directors

Alpro (Uk) Limited currently has 3 directors. The longest serving directors include Cirillo Borges (May 2023) and Mr David Connor (Oct 2023).

officercountryagestartendrole
Cirillo BorgesUnited Kingdom43 years May 2023- Director
Mr David Connor48 years Oct 2023- Director
Mr George HashagenUnited Kingdom39 years Oct 2023- Director

P&L

December 2023

turnover

110.7m

-33%

operating profit

8.4m

+2%

gross margin

14.5%

-28.94%

turnover

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

Balance Sheet

December 2023

net assets

60.8m

+0.12%

total assets

86.6m

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

alpro (uk) limited company details

company number

03708934

Type

Private limited with Share Capital

industry

10320 - Manufacture of fruit and vegetable juice

10519 - Manufacture of milk products (other than liquid milk and cream, butter, cheese) n.e.c.

10511 - Liquid milk and cream production

incorporation date

February 1999

age

26

incorporated

UK

ultimate parent company

DANONE SA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

FORVIS MAZARS LLP

address

latimer business park, altendiez way, burton latimer, kettering, northamptonshire, NN15 5YT

Bank

LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC

Legal Advisor

-

alpro (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 1 charges/mortgages relating to alpro (uk) limited. Currently there are 0 open charges and 1 have been satisfied in the past.

alpro (uk) 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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alpro (uk) limited Companies House Filings - See Documents

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