Pomanda estimates the enterprise value of BLATCHFORD PRODUCTS LIMITED at £61.5m based on a Turnover of £39.6m and 1.55x industry multiple (adjusted for size and gross margin).
blatchford products limitedEstimated Valuation
£150.4m
Pomanda estimates the enterprise value of BLATCHFORD PRODUCTS LIMITED at £150.4m based on an EBITDA of £15.6m and a 9.61x industry multiple (adjusted for size and gross margin).
blatchford products limitedEstimated Valuation
£100.6m
Pomanda estimates the enterprise value of BLATCHFORD PRODUCTS LIMITED at £100.6m based on Net Assets of £49.9m and 2.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Blatchford Products LimitedOverview
Blatchford Products Limited is a live company located in basingstoke, RG24 8PZ with a Companies House number of 04395856. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in March 2002, it's largest shareholder is
stevton (no.664) limited
with a 100% stake. Blatchford Products Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£39.6m with
high
growth in recent years.
Pomanda's financial health check has awarded Blatchford Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
3 Weak
Size
annual sales of £39.6m, make it larger than the average company (£13.5m)
£39.6m - Blatchford Products Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.6%)
19% - Blatchford Products Limited
8.6% - Industry AVG
Production
with a gross margin of 47%, this company has a lower cost of product (30.3%)
47% - Blatchford Products Limited
30.3% - Industry AVG
Profitability
an operating margin of 35.1% make it more profitable than the average company (6.4%)
35.1% - Blatchford Products Limited
6.4% - Industry AVG
Employees
with 220 employees, this is above the industry average (70)
220 - Blatchford Products Limited
70 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has a higher pay structure (£42.3k)
£52.4k - Blatchford Products Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £180.1k, this is equally as efficient (£175.2k)
£180.1k - Blatchford Products Limited
£175.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (53 days)
7 days - Blatchford Products Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (42 days)
60 days - Blatchford Products Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 126 days, this is more than average (66 days)
126 days - Blatchford Products Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Blatchford Products Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (46.8%)
22% - Blatchford Products Limited
46.8% - Industry AVG
BLATCHFORD PRODUCTS LIMITED financials
EXPORT
Blatchford Products Limited's latest turnover from March 2024 is £39.6 million and the company has net assets of £49.9 million. According to their latest financial statements, Blatchford Products Limited has 220 employees and maintains cash reserves of £213 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
39,615,000
33,899,000
32,209,000
23,406,000
23,250,000
26,341,000
22,419,000
18,048,000
17,525,000
18,324,000
19,138,000
19,293,000
15,444,000
13,970,000
12,175,000
Other Income Or Grants
Cost Of Sales
21,006,000
17,973,000
18,472,000
16,889,000
16,071,000
16,963,000
13,967,000
13,328,000
11,658,000
11,346,000
11,338,000
11,745,000
9,799,000
4,847,000
3,982,000
Gross Profit
18,609,000
15,926,000
13,737,000
6,517,000
7,179,000
9,378,000
8,452,000
4,720,000
5,867,000
6,978,000
7,800,000
7,548,000
5,645,000
9,123,000
8,193,000
Admin Expenses
4,714,000
4,408,000
2,785,000
5,942,000
6,314,000
7,299,000
6,892,000
5,940,000
3,160,000
6,144,000
5,836,000
5,969,000
4,955,000
7,645,000
6,949,000
Operating Profit
13,895,000
11,518,000
10,952,000
575,000
865,000
2,079,000
1,560,000
-1,220,000
2,707,000
834,000
1,964,000
1,579,000
690,000
1,478,000
1,244,000
Interest Payable
110,000
135,000
3,000
8,000
8,000
3,000
6,000
2,000
25,000
30,000
53,000
44,000
50,000
74,000
59,000
Interest Receivable
208,000
108,000
1,000
1,000
2,000
1,000
Pre-Tax Profit
13,993,000
11,491,000
10,949,000
567,000
857,000
2,076,000
1,554,000
-1,222,000
2,682,000
805,000
1,912,000
1,536,000
642,000
1,405,000
1,185,000
Tax
-1,135,000
-307,000
-1,272,000
-178,000
2,000
23,000
-403,000
144,000
-584,000
-257,000
-112,000
-272,000
-58,000
-327,000
-174,000
Profit After Tax
12,858,000
11,184,000
9,677,000
389,000
859,000
2,099,000
1,151,000
-1,078,000
2,098,000
548,000
1,800,000
1,264,000
584,000
1,078,000
1,011,000
Dividends Paid
Retained Profit
12,858,000
11,184,000
9,677,000
389,000
859,000
2,099,000
1,151,000
-1,078,000
2,098,000
548,000
1,800,000
1,264,000
584,000
1,078,000
1,011,000
Employee Costs
11,527,000
10,160,000
9,248,000
6,536,000
7,540,000
7,102,000
6,640,000
5,764,000
5,315,000
5,344,000
5,138,000
5,046,000
4,312,000
3,608,000
3,276,000
Number Of Employees
220
207
197
184
191
175
177
157
145
146
115
142
127
104
96
EBITDA*
15,645,000
13,056,000
12,260,000
2,787,000
2,890,000
3,236,000
2,771,000
5,000
3,887,000
1,956,000
3,018,000
1,990,000
1,066,000
1,788,000
1,495,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,624,000
1,369,000
1,427,000
1,357,000
1,621,000
1,285,000
1,626,000
2,091,000
2,442,000
2,869,000
2,927,000
3,165,000
2,391,000
2,112,000
1,687,000
Intangible Assets
17,594,000
11,957,000
8,642,000
5,797,000
5,432,000
4,526,000
4,375,000
4,375,000
4,437,000
4,266,000
4,014,000
Investments & Other
4,000
Debtors (Due After 1 year)
4,646,000
4,690,000
152,000
288,000
Total Fixed Assets
23,868,000
18,016,000
10,069,000
7,154,000
7,053,000
5,811,000
6,001,000
6,466,000
6,879,000
7,135,000
6,941,000
3,317,000
2,679,000
2,112,000
1,687,000
Stock & work in progress
7,256,000
5,183,000
5,019,000
3,895,000
5,221,000
4,760,000
4,998,000
3,195,000
3,835,000
3,347,000
2,765,000
3,474,000
2,866,000
2,044,000
1,572,000
Trade Debtors
829,000
1,096,000
934,000
283,000
398,000
459,000
895,000
845,000
1,100,000
1,192,000
933,000
977,000
953,000
1,088,000
Group Debtors
29,420,000
17,229,000
14,621,000
7,933,000
3,490,000
3,271,000
2,944,000
5,122,000
2,669,000
2,337,000
2,962,000
1,756,000
1,472,000
3,484,000
Misc Debtors
2,164,000
1,799,000
820,000
861,000
458,000
771,000
244,000
93,000
8,299,000
187,000
261,000
466,000
438,000
427,000
182,000
Cash
213,000
2,286,000
1,411,000
2,013,000
6,588,000
7,332,000
4,679,000
1,578,000
271,000
704,000
857,000
201,000
125,000
523,000
misc current assets
219,000
757,000
151,000
283,000
total current assets
40,101,000
28,350,000
22,975,000
15,305,000
16,265,000
16,593,000
13,760,000
10,833,000
12,134,000
7,725,000
7,542,000
8,692,000
6,238,000
5,021,000
6,849,000
total assets
63,969,000
46,366,000
33,044,000
22,459,000
23,318,000
22,404,000
19,761,000
17,299,000
19,013,000
14,860,000
14,483,000
12,009,000
8,917,000
7,133,000
8,536,000
Bank overdraft
850,000
Bank loan
Trade Creditors
3,488,000
3,048,000
1,742,000
1,585,000
1,262,000
968,000
677,000
729,000
933,000
922,000
966,000
722,000
781,000
691,000
349,000
Group/Directors Accounts
4,184,000
39,000
3,585,000
2,449,000
1,414,000
2,944,000
other short term finances
49,000
hp & lease commitments
8,000
11,000
190,000
63,000
63,000
38,000
38,000
17,000
15,000
50,000
109,000
181,000
181,000
other current liabilities
1,989,000
2,065,000
1,939,000
2,503,000
3,258,000
3,438,000
3,736,000
2,487,000
2,567,000
1,561,000
1,997,000
701,000
349,000
396,000
274,000
total current liabilities
9,669,000
5,152,000
3,681,000
4,099,000
4,710,000
4,518,000
4,476,000
4,104,000
3,538,000
2,500,000
2,978,000
5,058,000
3,688,000
2,682,000
3,748,000
loans
64,000
248,000
162,000
2,744,000
706,000
6,000
1,338,000
hp & lease commitments
9,000
32,000
95,000
81,000
123,000
61,000
3,000
18,000
68,000
288,000
462,000
Accruals and Deferred Income
other liabilities
provisions
4,403,000
3,719,000
7,528,000
4,876,000
5,638,000
5,848,000
4,660,000
2,868,000
2,690,000
2,694,000
2,780,000
1,505,000
997,000
583,000
485,000
total long term liabilities
4,412,000
3,719,000
3,764,000
2,438,000
2,819,000
2,956,000
2,454,000
1,515,000
2,717,000
1,700,000
1,393,000
1,523,000
1,065,000
871,000
2,285,000
total liabilities
14,081,000
8,871,000
7,445,000
6,537,000
7,529,000
7,474,000
6,930,000
5,619,000
6,255,000
4,200,000
4,371,000
6,581,000
4,753,000
3,553,000
6,033,000
net assets
49,888,000
37,495,000
25,599,000
15,922,000
15,789,000
14,930,000
12,831,000
11,680,000
12,758,000
10,660,000
10,112,000
5,428,000
4,164,000
3,580,000
2,503,000
total shareholders funds
49,888,000
37,495,000
25,599,000
15,922,000
15,789,000
14,930,000
12,831,000
11,680,000
12,758,000
10,660,000
10,112,000
5,428,000
4,164,000
3,580,000
2,503,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
13,895,000
11,518,000
10,952,000
575,000
865,000
2,079,000
1,560,000
-1,220,000
2,707,000
834,000
1,964,000
1,579,000
690,000
1,478,000
1,244,000
Depreciation
565,000
568,000
627,000
762,000
1,261,000
536,000
587,000
572,000
571,000
507,000
491,000
411,000
376,000
310,000
251,000
Amortisation
1,185,000
970,000
681,000
1,450,000
764,000
621,000
624,000
653,000
609,000
615,000
563,000
Tax
-1,135,000
-307,000
-1,272,000
-178,000
2,000
23,000
-403,000
144,000
-584,000
-257,000
-112,000
-272,000
-58,000
-327,000
-174,000
Stock
2,073,000
164,000
1,124,000
-1,326,000
461,000
-238,000
1,803,000
-640,000
488,000
582,000
-709,000
608,000
822,000
472,000
1,572,000
Debtors
12,245,000
8,439,000
7,298,000
4,731,000
-155,000
418,000
-1,977,000
-2,239,000
4,343,000
166,000
-723,000
1,054,000
607,000
-1,902,000
4,754,000
Creditors
440,000
1,306,000
157,000
323,000
294,000
291,000
-52,000
-204,000
11,000
-44,000
244,000
-59,000
90,000
342,000
349,000
Accruals and Deferred Income
-76,000
126,000
-564,000
-755,000
-180,000
-298,000
1,249,000
-80,000
1,006,000
-436,000
1,296,000
352,000
-47,000
122,000
274,000
Deferred Taxes & Provisions
684,000
-3,809,000
2,652,000
-762,000
-210,000
1,188,000
1,792,000
178,000
-4,000
-86,000
1,275,000
508,000
414,000
98,000
485,000
Cash flow from operations
1,240,000
1,769,000
4,811,000
-1,990,000
2,490,000
4,260,000
5,531,000
2,922,000
-515,000
385,000
7,153,000
857,000
36,000
3,453,000
-3,897,000
Investing Activities
capital expenditure
-7,642,000
-4,795,000
-4,223,000
-2,313,000
-3,267,000
-967,000
-746,000
-812,000
-924,000
-1,316,000
-4,830,000
-1,185,000
-655,000
-735,000
-1,938,000
Change in Investments
4,000
cash flow from investments
-7,646,000
-4,795,000
-4,223,000
-2,313,000
-3,267,000
-967,000
-746,000
-812,000
-924,000
-1,316,000
-4,830,000
-1,185,000
-655,000
-735,000
-1,938,000
Financing Activities
Bank loans
Group/Directors Accounts
4,145,000
39,000
-3,585,000
1,136,000
1,035,000
-1,530,000
2,944,000
Other Short Term Loans
-49,000
49,000
Long term loans
-64,000
-184,000
86,000
-2,582,000
2,038,000
700,000
6,000
-1,338,000
1,338,000
Hire Purchase and Lease Commitments
17,000
-11,000
-179,000
95,000
-63,000
39,000
-42,000
83,000
60,000
-50,000
-109,000
-292,000
-174,000
643,000
other long term liabilities
share issue
-465,000
712,000
-256,000
2,884,000
-1,000
1,492,000
interest
98,000
-27,000
-3,000
-8,000
-8,000
-3,000
-6,000
-2,000
-25,000
-29,000
-53,000
-43,000
-48,000
-73,000
-59,000
cash flow from financing
3,795,000
724,000
-14,000
-443,000
-26,000
-201,000
119,000
-2,626,000
2,096,000
731,000
-798,000
984,000
695,000
-3,116,000
6,358,000
cash and cash equivalents
cash
-2,073,000
875,000
-602,000
-4,575,000
-744,000
2,653,000
3,101,000
1,578,000
-271,000
-433,000
-153,000
656,000
76,000
-398,000
523,000
overdraft
-850,000
850,000
change in cash
-2,073,000
875,000
-602,000
-4,575,000
-744,000
2,653,000
3,951,000
728,000
-271,000
-433,000
-153,000
656,000
76,000
-398,000
523,000
blatchford products 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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blatchford products limited Ownership
BLATCHFORD PRODUCTS LIMITED group structure
Blatchford Products Limited has no subsidiary companies.
The sole shareholder of Blatchford Products Limited is Stevton (No.664) Limited.
stevton (no.664) limited
100%
blatchford products limited directors
Blatchford Products Limited currently has 3 directors.
The longest serving directors include
Mr Zoe Stephens-Truman (Nov 2018) and
Mr Paul Roberts (Aug 2020).
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 7 charges/mortgages relating to blatchford products limited. Currently there are 1 open charges and 6 have been satisfied in the past.
blatchford products 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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blatchford products limitedCompanies House Filings - See Documents
