nippon gohsei uk ltd.
nippon gohsei uk ltd. Company Information
Company Number
04181436
Next Accounts
1174 days late
Shareholders
mitsubishi chemical holdings corporation
Group Structure
View All
Industry
Manufacture of plastics in primary forms
Registered Address
suite 5 2nd floor bulman house, regent centre, newcastle upon tyne, NE3 3LS
Website
www.nippon-gohsei.comnippon gohsei uk ltd. Estimated Valuation
Pomanda estimates the enterprise value of NIPPON GOHSEI UK LTD. at £112.6m based on a Turnover of £129.5m and 0.87x industry multiple (adjusted for size and gross margin).
nippon gohsei uk ltd. Estimated Valuation
Pomanda estimates the enterprise value of NIPPON GOHSEI UK LTD. at £199.2m based on an EBITDA of £31.4m and a 6.34x industry multiple (adjusted for size and gross margin).
nippon gohsei uk ltd. Estimated Valuation
Pomanda estimates the enterprise value of NIPPON GOHSEI UK LTD. at £188.3m based on Net Assets of £105.1m and 1.79x industry multiple (adjusted for liquidity).
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Nippon Gohsei Uk Ltd. Overview
Nippon Gohsei Uk Ltd. is a live company located in newcastle upon tyne, NE3 3LS with a Companies House number of 04181436. It operates in the manufacture of plastics in primary forms sector, SIC Code 20160. Founded in March 2001, it's largest shareholder is mitsubishi chemical holdings corporation with a 100% stake. Nippon Gohsei Uk Ltd. is a mature, mega sized company, Pomanda has estimated its turnover at £129.5m with healthy growth in recent years.
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Nippon Gohsei Uk Ltd. Health Check
Pomanda's financial health check has awarded Nippon Gohsei Uk Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £129.5m, make it larger than the average company (£28.7m)
£129.5m - Nippon Gohsei Uk Ltd.
£28.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.3%)
6% - Nippon Gohsei Uk Ltd.
4.3% - Industry AVG
Production
with a gross margin of 19.7%, this company has a comparable cost of product (20.6%)
19.7% - Nippon Gohsei Uk Ltd.
20.6% - Industry AVG
Profitability
an operating margin of 15.4% make it more profitable than the average company (5.1%)
15.4% - Nippon Gohsei Uk Ltd.
5.1% - Industry AVG
Employees
with 126 employees, this is above the industry average (88)
126 - Nippon Gohsei Uk Ltd.
88 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has a higher pay structure (£44.6k)
£63.9k - Nippon Gohsei Uk Ltd.
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£308k)
£1m - Nippon Gohsei Uk Ltd.
£308k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (48 days)
53 days - Nippon Gohsei Uk Ltd.
48 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (35 days)
16 days - Nippon Gohsei Uk Ltd.
35 days - Industry AVG
Stock Days
it holds stock equivalent to 112 days, this is more than average (55 days)
112 days - Nippon Gohsei Uk Ltd.
55 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (11 weeks)
11 weeks - Nippon Gohsei Uk Ltd.
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.9%, this is a lower level of debt than the average (42.5%)
33.9% - Nippon Gohsei Uk Ltd.
42.5% - Industry AVG
NIPPON GOHSEI UK LTD. financials
Nippon Gohsei Uk Ltd.'s latest turnover from March 2020 is £129.5 million and the company has net assets of £105.1 million. According to their latest financial statements, Nippon Gohsei Uk Ltd. has 126 employees and maintains cash reserves of £8.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 129,546,234 | 117,926,026 | 115,528,880 | 107,566,607 | 107,571,340 | 96,526,870 | 93,348,769 | 85,724,831 | 87,594,068 | 73,195,542 | 72,734,990 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 103,990,979 | 100,440,235 | 94,050,319 | 91,500,888 | 92,865,978 | 88,243,484 | 76,483,547 | 65,974,556 | 69,608,475 | 57,139,583 | 62,592,625 |
| Gross Profit | 25,555,255 | 17,485,792 | 21,478,561 | 16,065,719 | 14,705,363 | 8,283,386 | 16,865,221 | 19,750,275 | 17,985,593 | 16,055,960 | 10,142,364 |
| Admin Expenses | 5,586,829 | 4,886,784 | 5,268,426 | 12,695,382 | 5,258,415 | 4,362,000 | 4,879,674 | 4,051,359 | 3,820,339 | 3,592,318 | 3,631,620 |
| Operating Profit | 19,968,426 | 12,599,008 | 16,210,135 | 3,370,337 | 9,446,948 | 3,921,386 | 11,985,547 | 15,698,916 | 14,165,254 | 12,463,642 | 6,510,744 |
| Interest Payable | 110,059 | 131,710 | 126,683 | 170,515 | 181,995 | 154,512 | 719,147 | 1,257,264 | 1,502,542 | 1,476,446 | 2,681,050 |
| Interest Receivable | 25,259 | 31,574 | 26,576 | 790 | 26,527 | ||||||
| Pre-Tax Profit | 11,262,066 | -5,544,429 | 16,110,028 | 3,199,822 | 9,264,953 | 3,766,873 | 11,266,400 | 14,441,652 | 12,662,712 | 10,987,986 | 3,856,221 |
| Tax | -2,966,170 | 995,940 | -2,992,558 | -634,991 | -1,098,154 | -444,011 | -1,958,184 | -3,313,177 | -3,210,169 | 695,542 | |
| Profit After Tax | 8,295,895 | -4,548,489 | 13,117,470 | 2,564,831 | 8,166,799 | 3,322,863 | 9,308,216 | 11,128,475 | 9,452,542 | 11,683,528 | 3,856,221 |
| Dividends Paid | 4,838,972 | 7,087,172 | 8,880,995 | ||||||||
| Retained Profit | 3,456,924 | -4,548,489 | 6,030,298 | -6,316,163 | 8,166,799 | 3,322,863 | 9,308,216 | 11,128,475 | 9,452,542 | 11,683,528 | 3,856,221 |
| Employee Costs | 8,045,106 | 7,760,938 | 7,610,737 | 8,019,538 | 8,794,063 | 6,885,135 | 6,125,026 | 5,174,336 | 4,653,390 | 4,351,881 | 4,431,868 |
| Number Of Employees | 126 | 122 | 125 | 125 | 125 | 121 | 112 | 102 | 95 | 92 | 87 |
| EBITDA* | 31,435,273 | 23,405,503 | 26,583,097 | 12,432,504 | 18,461,878 | 12,289,668 | 20,466,568 | 22,428,930 | 20,968,644 | 18,788,334 | 13,772,217 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 64,173,207 | 67,185,386 | 69,995,571 | 78,870,337 | 79,650,146 | 83,989,303 | 72,723,637 | 92,056,699 | 94,876,271 | 91,901,676 | 108,062,605 |
| Intangible Assets | 1,628,327 | 997,745 | 681,254 | ||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 65,801,533 | 68,183,130 | 70,676,824 | 78,870,337 | 79,650,145 | 83,989,302 | 72,723,637 | 92,056,698 | 94,876,271 | 91,901,675 | 108,062,605 |
| Stock & work in progress | 32,175,913 | 32,377,988 | 28,791,637 | 28,492,007 | 33,312,130 | 27,105,866 | 18,702,027 | 15,713,051 | 17,284,745 | 14,723,363 | 17,058,979 |
| Trade Debtors | 18,894,903 | 15,912,494 | 14,613,749 | 14,363,233 | 13,055,040 | 13,968,079 | 7,655,932 | 8,378,357 | 10,898,305 | 9,456,212 | 9,411,089 |
| Group Debtors | 28,306,720 | 16,400,541 | 25,337,526 | 675,843 | 441,735 | 468,630 | 282,747 | 779,016 | 392,372 | 944,514 | 417,366 |
| Misc Debtors | 5,606,675 | 5,019,395 | 1,872,785 | 3,760,213 | 3,158,406 | 3,646,319 | 3,338,244 | 1,858,803 | 2,019,491 | 1,161,871 | 1,068,175 |
| Cash | 8,101,037 | 4,809,201 | 2,717,930 | 10,482,238 | 14,169,979 | 2,990,916 | 3,738,861 | 14,846,081 | 7,613,559 | 5,316,155 | 9,162,613 |
| misc current assets | 87,506 | 336,491 | 208,186 | ||||||||
| total current assets | 93,172,756 | 74,856,112 | 73,541,814 | 57,773,535 | 64,137,291 | 48,179,812 | 33,717,814 | 41,575,310 | 38,208,475 | 31,602,118 | 37,118,224 |
| total assets | 158,974,289 | 143,039,242 | 144,218,638 | 136,643,872 | 143,787,436 | 132,169,114 | 106,441,451 | 133,632,008 | 133,084,746 | 123,503,793 | 145,180,829 |
| Bank overdraft | 9,484,666 | 24,582,191 | |||||||||
| Bank loan | 2,801,596 | 1,403,213 | 16,491,283 | 1,694,915 | |||||||
| Trade Creditors | 4,616,148 | 6,960,758 | 6,993,267 | 5,379,218 | 8,840,887 | 6,634,689 | 5,332,211 | 5,724,046 | 6,311,864 | 4,110,813 | 4,209,037 |
| Group/Directors Accounts | 1 | 1 | 1 | 1 | 3,508,034 | 1 | |||||
| other short term finances | |||||||||||
| hp & lease commitments | 195,760 | ||||||||||
| other current liabilities | 32,537,662 | 19,143,887 | 17,989,899 | 17,083,479 | 14,247,724 | 12,518,888 | 8,831,122 | 11,141,039 | 11,209,320 | 10,606,226 | 11,378,547 |
| total current liabilities | 37,349,571 | 26,104,646 | 24,983,168 | 22,462,700 | 23,088,612 | 21,955,174 | 19,074,581 | 33,356,369 | 19,216,102 | 24,201,707 | 40,169,776 |
| loans | 1,856,562 | 11,927 | 24,058,425 | 70,303,389 | 69,051,532 | 89,657,794 | |||||
| hp & lease commitments | 928,281 | ||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 331,301 | ||||||||||
| provisions | 31,159,223 | 30,132,610 | 29,666,902 | 31,570,158 | 32,850,958 | 35,573,477 | 27,671,366 | 32,999,841 | 26,540,676 | 25,969,015 | 30,648,156 |
| total long term liabilities | 16,507,893 | 15,066,305 | 14,833,451 | 15,785,079 | 16,756,780 | 17,786,739 | 13,847,611 | 28,778,859 | 48,827,966 | 48,049,320 | 60,769,298 |
| total liabilities | 53,857,464 | 41,170,951 | 39,816,619 | 38,247,779 | 39,845,392 | 39,741,913 | 32,922,192 | 62,135,228 | 68,044,068 | 72,251,027 | 100,939,074 |
| net assets | 105,116,824 | 101,868,291 | 104,402,019 | 98,396,093 | 103,942,044 | 92,427,200 | 73,519,259 | 71,496,780 | 65,040,678 | 51,252,766 | 44,241,755 |
| total shareholders funds | 105,116,825 | 101,868,290 | 104,402,020 | 98,396,092 | 103,942,044 | 92,427,201 | 73,519,259 | 71,496,780 | 65,040,678 | 51,252,766 | 44,241,754 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 19,968,426 | 12,599,008 | 16,210,135 | 3,370,337 | 9,446,948 | 3,921,386 | 11,985,547 | 15,698,916 | 14,165,254 | 12,463,642 | 6,510,744 |
| Depreciation | 11,195,309 | 10,655,841 | 10,280,829 | 9,062,167 | 9,014,931 | 8,368,283 | 8,481,022 | 6,730,014 | 6,803,390 | 6,324,692 | 7,261,473 |
| Amortisation | 271,538 | 150,654 | 92,133 | ||||||||
| Tax | -2,966,170 | 995,940 | -2,992,558 | -634,991 | -1,098,154 | -444,011 | -1,958,184 | -3,313,177 | -3,210,169 | 695,542 | |
| Stock | -202,075 | 3,586,351 | 299,630 | -4,820,123 | 6,206,264 | 8,403,839 | 18,702,027 | -1,571,694 | 2,561,382 | -2,335,616 | 17,058,979 |
| Debtors | 15,475,868 | -4,491,629 | 23,024,771 | 2,144,108 | -1,427,848 | 6,806,105 | 11,276,924 | -2,293,992 | 1,747,571 | 665,967 | 10,896,631 |
| Creditors | -2,344,610 | -32,509 | 1,614,049 | -3,461,669 | 2,206,198 | 1,302,478 | 5,332,211 | -587,819 | 2,201,052 | -98,225 | 4,209,037 |
| Accruals and Deferred Income | 13,393,775 | 1,153,988 | 906,420 | 2,835,755 | 1,728,836 | 3,687,766 | 8,831,122 | -68,281 | 603,094 | -772,321 | 11,378,547 |
| Deferred Taxes & Provisions | 1,026,613 | 465,708 | -1,903,256 | -1,280,800 | -2,722,519 | 7,902,111 | 27,671,366 | 6,459,165 | 571,661 | -4,679,141 | 30,648,156 |
| Cash flow from operations | 25,271,088 | 26,893,908 | 883,351 | 12,566,814 | 13,797,824 | 9,528,069 | 30,364,133 | 28,784,504 | 16,825,329 | 15,603,838 | 32,052,347 |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -2,801,596 | 1,398,383 | 1,403,213 | 14,796,368 | 1,694,915 | ||||||
| Group/Directors Accounts | 1 | -3,508,034 | 3,508,034 | 1 | |||||||
| Other Short Term Loans | |||||||||||
| Long term loans | 1,856,562 | -11,927 | 11,927 | -46,244,964 | 1,251,857 | -20,606,262 | 89,657,794 | ||||
| Hire Purchase and Lease Commitments | 1,124,041 | ||||||||||
| other long term liabilities | -331,301 | 331,301 | |||||||||
| share issue | |||||||||||
| interest | -84,800 | -100,136 | -100,107 | -170,515 | -181,995 | -154,512 | -719,147 | -1,257,264 | -1,502,542 | -1,475,656 | -2,654,523 |
| cash flow from financing | 2,687,413 | 1,914,624 | -124,478 | 268,396 | 695,754 | 13,308,989 | 68,415,070 | -37,378,233 | 5,779,600 | -26,754,433 | 127,388,804 |
| cash and cash equivalents | |||||||||||
| cash | 3,291,836 | 2,091,271 | -7,764,308 | -3,687,741 | 11,179,063 | -747,945 | 3,738,861 | 7,232,522 | 2,297,404 | -3,846,458 | 9,162,613 |
| overdraft | -9,484,666 | -15,097,525 | 24,582,191 | ||||||||
| change in cash | 3,291,836 | 2,091,271 | -7,764,308 | -3,687,741 | 11,179,063 | -747,945 | 3,738,861 | 7,232,522 | 11,782,070 | 11,251,067 | -15,419,578 |
nippon gohsei uk ltd. Credit Report and Business Information
Nippon Gohsei Uk Ltd. Competitor Analysis
Perform a competitor analysis for nippon gohsei uk ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in NE3 area or any other competitors across 12 key performance metrics.
nippon gohsei uk ltd. Ownership
NIPPON GOHSEI UK LTD. group structure
Nippon Gohsei Uk Ltd. has no subsidiary companies.
Ultimate parent company
MITSUBISHI CHEMICAL HOLDINGS CORP
#0032888
1 parent
NIPPON GOHSEI UK LTD.
04181436
nippon gohsei uk ltd. directors
Nippon Gohsei Uk Ltd. currently has 2 directors. The longest serving directors include Mr Peter Des Forges (May 2013) and Mr Ralph Meier (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Des Forges | England | 59 years | May 2013 | - | Director |
| Mr Ralph Meier | Germany | 61 years | Jul 2019 | - | Director |
P&L
March 2020turnover
129.5m
+10%
operating profit
20m
+58%
gross margin
19.8%
+33.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
105.1m
+0.03%
total assets
159m
+0.11%
cash
8.1m
+0.68%
net assets
Total assets minus all liabilities
nippon gohsei uk ltd. company details
company number
04181436
Type
Private limited with Share Capital
industry
20160 - Manufacture of plastics in primary forms
incorporation date
March 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
suite 5 2nd floor bulman house, regent centre, newcastle upon tyne, NE3 3LS
Bank
-
Legal Advisor
-
nippon gohsei uk 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 nippon gohsei uk ltd..
nippon gohsei 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.
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nippon gohsei uk ltd. Companies House Filings - See Documents
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