plasflow limited
plasflow limited Company Information
Company Number
03919619
Next Accounts
7 days late
Shareholders
fullflow group ltd
Group Structure
View All
Industry
Manufacture of builders’ ware of plastic
Registered Address
bedford house 1 regal lane, soham, ely, CB7 5BA
Website
https://plasflow.co.ukplasflow limited Estimated Valuation
Pomanda estimates the enterprise value of PLASFLOW LIMITED at £1.9m based on a Turnover of £3.8m and 0.5x industry multiple (adjusted for size and gross margin).
plasflow limited Estimated Valuation
Pomanda estimates the enterprise value of PLASFLOW LIMITED at £396.2k based on an EBITDA of £104.3k and a 3.8x industry multiple (adjusted for size and gross margin).
plasflow limited Estimated Valuation
Pomanda estimates the enterprise value of PLASFLOW LIMITED at £2.2m based on Net Assets of £1.4m and 1.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Plasflow Limited Overview
Plasflow Limited is a live company located in ely, CB7 5BA with a Companies House number of 03919619. It operates in the manufacture of builders ware of plastic sector, SIC Code 22230. Founded in February 2000, it's largest shareholder is fullflow group ltd with a 100% stake. Plasflow Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.8m with high growth in recent years.
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Plasflow Limited Health Check
Pomanda's financial health check has awarded Plasflow Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.8m, make it smaller than the average company (£21.3m)
- Plasflow Limited
£21.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (10.2%)
- Plasflow Limited
10.2% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
- Plasflow Limited
27.2% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.9%)
- Plasflow Limited
5.9% - Industry AVG
Employees
with 23 employees, this is below the industry average (111)
23 - Plasflow Limited
111 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Plasflow Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £163.3k, this is equally as efficient (£164.4k)
- Plasflow Limited
£164.4k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (51 days)
- Plasflow Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (44 days)
- Plasflow Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 117 days, this is more than average (40 days)
- Plasflow Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (9 weeks)
50 weeks - Plasflow Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.3%, this is a lower level of debt than the average (56.4%)
36.3% - Plasflow Limited
56.4% - Industry AVG
PLASFLOW LIMITED financials
Plasflow Limited's latest turnover from June 2023 is estimated at £3.8 million and the company has net assets of £1.4 million. According to their latest financial statements, Plasflow Limited has 23 employees and maintains cash reserves of £723.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,454,406 | 3,499,945 | 4,001,169 | 2,575,568 | 2,482,122 | 1,799,542 | 1,492,484 | |||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 2,020,339 | 2,604,132 | 3,387,820 | 1,901,193 | 1,688,813 | 1,233,121 | 1,012,689 | |||||||
| Gross Profit | 434,067 | 895,813 | 613,349 | 674,375 | 793,309 | 566,421 | 479,795 | |||||||
| Admin Expenses | 425,233 | 472,242 | 482,355 | 487,355 | 460,151 | 382,019 | 374,514 | |||||||
| Operating Profit | 8,834 | 423,571 | 130,994 | 187,020 | 333,158 | 184,402 | 105,281 | |||||||
| Interest Payable | 5,484 | 5,056 | 7,030 | 5,508 | 5,845 | 5,884 | 6,962 | |||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 3,350 | 418,515 | 123,964 | 181,512 | 327,313 | 178,518 | 98,319 | |||||||
| Tax | 5,129 | 9,997 | -30,851 | -403 | -81,359 | -73,541 | 56,615 | |||||||
| Profit After Tax | 8,479 | 428,512 | 93,113 | 181,109 | 245,954 | 104,977 | 154,934 | |||||||
| Dividends Paid | 500,000 | 500,000 | ||||||||||||
| Retained Profit | -491,521 | -71,488 | 93,113 | 181,109 | 245,954 | 104,977 | 154,934 | |||||||
| Employee Costs | 525,291 | 611,501 | 617,172 | 630,644 | 672,852 | 659,987 | 535,881 | 423,585 | 420,820 | |||||
| Number Of Employees | 23 | 18 | 19 | 20 | 15 | 21 | 20 | 25 | 25 | 23 | 19 | 15 | 15 | |
| EBITDA* | 30,413 | 445,159 | 147,869 | 203,955 | 367,132 | 220,069 | 142,039 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 112,683 | 105,739 | 54,066 | 67,417 | 38,167 | 49,847 | 57,170 | 655,537 | 663,014 | 670,408 | 680,415 | 572,282 | 601,687 | 633,359 |
| Intangible Assets | 916 | 4,387 | 6,703 | 8,687 | 11,582 | 14,475 | ||||||||
| Investments & Other | 8,022 | |||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 112,683 | 105,739 | 54,066 | 67,417 | 39,083 | 54,234 | 63,873 | 664,224 | 682,618 | 684,883 | 680,415 | 572,282 | 601,687 | 633,359 |
| Stock & work in progress | 877,455 | 621,900 | 349,933 | 448,632 | 405,374 | 287,826 | 315,052 | 333,716 | 338,409 | 385,603 | 446,863 | 304,869 | 345,656 | 331,589 |
| Trade Debtors | 422,933 | 418,130 | 239,679 | 186,270 | 305,882 | 412,980 | 165,828 | 325,287 | 450,023 | 351,781 | 173,645 | 847,556 | 550,911 | 222,978 |
| Group Debtors | 690,314 | 537,204 | 687,157 | 8,207 | 29,106 | 21,415 | 65,788 | 60,372 | 29,465 | |||||
| Misc Debtors | 39,218 | 78,814 | 286,111 | 555,013 | 43,235 | 11,717 | 30,647 | 54,895 | 21,837 | 39,464 | 73,298 | 64,170 | 37,522 | 82,301 |
| Cash | 723,280 | 1,263,518 | 563,010 | 426,178 | 228,830 | 190,026 | 401,400 | 935,408 | 837,832 | 798,103 | 687,757 | 641,588 | 308,873 | 263,633 |
| misc current assets | ||||||||||||||
| total current assets | 2,062,886 | 2,382,362 | 1,438,733 | 1,616,093 | 1,673,635 | 1,439,753 | 1,600,084 | 1,649,306 | 1,656,308 | 1,604,057 | 1,402,978 | 1,923,971 | 1,303,334 | 929,966 |
| total assets | 2,175,569 | 2,488,101 | 1,492,799 | 1,683,510 | 1,712,718 | 1,493,987 | 1,663,957 | 2,313,530 | 2,338,926 | 2,288,940 | 2,083,393 | 2,496,253 | 1,905,021 | 1,563,325 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 484,588 | 667,308 | 203,055 | 384,823 | 471,769 | 245,336 | 91,166 | 467,197 | 491,419 | 495,347 | 447,438 | 438,300 | 232,907 | 168,518 |
| Group/Directors Accounts | 9,455 | 9,169 | 392,132 | 787,546 | 244,320 | 321,658 | 167,501 | 74,305 | ||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 4,439 | 5,327 | ||||||||||||
| other current liabilities | 259,523 | 449,123 | 101,028 | 128,668 | 116,703 | 147,459 | 101,504 | 67,372 | 120,251 | 189,523 | 125,463 | 278,242 | 113,384 | 66,380 |
| total current liabilities | 744,111 | 1,116,431 | 304,083 | 513,491 | 597,927 | 401,964 | 584,802 | 1,322,115 | 855,990 | 684,870 | 572,901 | 1,038,200 | 518,231 | 314,530 |
| loans | 49,646 | 49,181 | 51,637 | 226,328 | 188,871 | |||||||||
| hp & lease commitments | 4,439 | |||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 34,213 | 42,799 | 10,275 | 25,780 | ||||||||||
| provisions | 12,114 | 12,314 | 1,359 | 1,522 | ||||||||||
| total long term liabilities | 46,327 | 55,113 | 11,634 | 27,302 | 49,646 | 49,181 | 51,637 | 226,328 | 193,310 | |||||
| total liabilities | 790,438 | 1,171,544 | 315,717 | 540,793 | 597,927 | 401,964 | 584,802 | 1,322,115 | 855,990 | 734,516 | 622,082 | 1,089,837 | 744,559 | 507,840 |
| net assets | 1,385,131 | 1,316,557 | 1,177,082 | 1,142,717 | 1,114,791 | 1,092,023 | 1,079,155 | 991,415 | 1,482,936 | 1,554,424 | 1,461,311 | 1,406,416 | 1,160,462 | 1,055,485 |
| total shareholders funds | 1,385,131 | 1,316,557 | 1,177,082 | 1,142,717 | 1,114,791 | 1,092,023 | 1,079,155 | 991,415 | 1,482,936 | 1,554,424 | 1,461,311 | 1,406,416 | 1,160,462 | 1,055,485 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 8,834 | 423,571 | 130,994 | 187,020 | 333,158 | 184,402 | 105,281 | |||||||
| Depreciation | 62,561 | 31,925 | 35,186 | 26,600 | 21,386 | 19,568 | 17,508 | 18,684 | 18,695 | 16,875 | 16,935 | 33,974 | 35,667 | 36,758 |
| Amortisation | 916 | 3,471 | 2,316 | 4,877 | 2,895 | 2,893 | ||||||||
| Tax | 5,129 | 9,997 | -30,851 | -403 | -81,359 | -73,541 | 56,615 | |||||||
| Stock | 255,555 | 271,967 | -98,699 | 43,258 | 117,548 | -27,226 | -18,664 | -4,693 | -47,194 | -61,260 | 141,994 | -40,787 | 14,067 | 331,589 |
| Debtors | -34,793 | -28,846 | -215,493 | -298,148 | 77,530 | 78,269 | 503,450 | -99,885 | 59,716 | 151,993 | -709,156 | 328,709 | 314,061 | 334,744 |
| Creditors | -182,720 | 464,253 | -181,768 | -86,946 | 226,433 | 154,170 | -376,031 | -24,222 | -3,928 | 47,909 | 9,138 | 205,393 | 64,389 | 168,518 |
| Accruals and Deferred Income | -189,600 | 348,095 | -27,640 | 11,965 | -30,756 | 45,955 | 34,132 | -52,879 | -69,272 | 64,060 | -152,779 | 164,858 | 47,004 | 66,380 |
| Deferred Taxes & Provisions | -200 | 10,955 | -163 | 1,522 | ||||||||||
| Cash flow from operations | 63,019 | 369,434 | 138,254 | 627,073 | 368,102 | -70,207 | -232,781 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -8,022 | 8,022 | ||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -9,455 | 286 | -382,963 | -395,414 | 543,226 | 244,320 | -321,658 | 154,157 | 93,196 | 74,305 | ||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -49,646 | 465 | -2,456 | -174,691 | 37,457 | 188,871 | ||||||||
| Hire Purchase and Lease Commitments | -4,439 | -5,327 | 9,766 | |||||||||||
| other long term liabilities | -8,586 | 32,524 | -15,505 | 25,780 | ||||||||||
| share issue | ||||||||||||||
| interest | -5,484 | -5,056 | -7,030 | -5,508 | -5,845 | -5,884 | -6,962 | |||||||
| cash flow from financing | 537,742 | 189,618 | -6,565 | -455,836 | -30,818 | 119,442 | 1,166,531 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | -540,238 | 700,508 | 136,832 | 197,348 | 38,804 | -211,374 | -534,008 | 97,576 | 39,729 | 110,346 | 46,169 | 332,715 | 45,240 | 263,633 |
| overdraft | ||||||||||||||
| change in cash | -540,238 | 700,508 | 136,832 | 197,348 | 38,804 | -211,374 | -534,008 | 97,576 | 39,729 | 110,346 | 46,169 | 332,715 | 45,240 | 263,633 |
plasflow limited Credit Report and Business Information
Plasflow Limited Competitor Analysis
Perform a competitor analysis for plasflow limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CB7 area or any other competitors across 12 key performance metrics.
plasflow limited Ownership
PLASFLOW LIMITED group structure
Plasflow Limited has no subsidiary companies.
Ultimate parent company
2 parents
PLASFLOW LIMITED
03919619
plasflow limited directors
Plasflow Limited currently has 3 directors. The longest serving directors include Mr Colin Stott (Jan 2011) and Mr David Pett (Apr 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Stott | 60 years | Jan 2011 | - | Director | |
| Mr David Pett | 66 years | Apr 2011 | - | Director | |
| Mr James Walker | 75 years | Nov 2016 | - | Director |
P&L
June 2023turnover
3.8m
+18%
operating profit
41.8k
0%
gross margin
27.2%
+1.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.4m
+0.05%
total assets
2.2m
-0.13%
cash
723.3k
-0.43%
net assets
Total assets minus all liabilities
plasflow limited company details
company number
03919619
Type
Private limited with Share Capital
industry
22230 - Manufacture of builders’ ware of plastic
incorporation date
February 2000
age
25
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
opticmind limited (July 2000)
accountant
TAYLOR VINEY & MARLOW LIMITED
auditor
-
address
bedford house 1 regal lane, soham, ely, CB7 5BA
Bank
BANK OF SCOTLAND
Legal Advisor
-
plasflow 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 3 charges/mortgages relating to plasflow limited. Currently there are 0 open charges and 3 have been satisfied in the past.
plasflow 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.
Click to start generating capital raising & share issue transactions for PLASFLOW LIMITED. This can take several minutes, an email will notify you when this has completed.
plasflow limited Companies House Filings - See Documents
| date | description | view/download |
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