james cropper speciality papers limited
james cropper speciality papers limited Company Information
Company Number
04690555
Website
http://cropper.comRegistered Address
burneside mills, kendal, cumbria, LA9 6PZ
Industry
Manufacture of paper and paperboard
Telephone
01539722002
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
james cropper plc 83%
melmore co. ltd 17%
james cropper speciality papers limited Estimated Valuation
Pomanda estimates the enterprise value of JAMES CROPPER SPECIALITY PAPERS LIMITED at £59.6m based on a Turnover of £79.7m and 0.75x industry multiple (adjusted for size and gross margin).
james cropper speciality papers limited Estimated Valuation
Pomanda estimates the enterprise value of JAMES CROPPER SPECIALITY PAPERS LIMITED at £0 based on an EBITDA of £-5.6m and a 5.92x industry multiple (adjusted for size and gross margin).
james cropper speciality papers limited Estimated Valuation
Pomanda estimates the enterprise value of JAMES CROPPER SPECIALITY PAPERS LIMITED at £0 based on Net Assets of £-15.2m and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
James Cropper Speciality Papers Limited Overview
James Cropper Speciality Papers Limited is a live company located in cumbria, LA9 6PZ with a Companies House number of 04690555. It operates in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in March 2003, it's largest shareholder is james cropper plc with a 83% stake. James Cropper Speciality Papers Limited is a mature, large sized company, Pomanda has estimated its turnover at £79.7m with healthy growth in recent years.
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James Cropper Speciality Papers Limited Health Check
Pomanda's financial health check has awarded James Cropper Speciality Papers Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £79.7m, make it larger than the average company (£28.4m)
£79.7m - James Cropper Speciality Papers Limited
£28.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.1%)
6% - James Cropper Speciality Papers Limited
8.1% - Industry AVG
Production
with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)
23.8% - James Cropper Speciality Papers Limited
23.8% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (6.3%)
-8.9% - James Cropper Speciality Papers Limited
6.3% - Industry AVG
Employees
with 365 employees, this is above the industry average (107)
365 - James Cropper Speciality Papers Limited
107 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£49.2k)
£48.1k - James Cropper Speciality Papers Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £218.5k, this is less efficient (£294.2k)
£218.5k - James Cropper Speciality Papers Limited
£294.2k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (55 days)
51 days - James Cropper Speciality Papers Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is quicker than average (56 days)
43 days - James Cropper Speciality Papers Limited
56 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (42 days)
65 days - James Cropper Speciality Papers Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - James Cropper Speciality Papers Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.3%, this is a higher level of debt than the average (44.2%)
132.3% - James Cropper Speciality Papers Limited
44.2% - Industry AVG
JAMES CROPPER SPECIALITY PAPERS LIMITED financials
James Cropper Speciality Papers Limited's latest turnover from April 2023 is £79.7 million and the company has net assets of -£15.2 million. According to their latest financial statements, James Cropper Speciality Papers Limited has 365 employees and maintains cash reserves of £123 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 79,741,000 | 64,074,000 | 45,561,000 | 67,648,000 | 67,259,000 | 64,653,000 | 63,728,000 | 61,988,000 | 61,066,000 | 61,833,000 | 57,698,000 | 59,591,000 | 61,594,000 | 52,934,000 |
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 28,433,000 | |||||||||||||
| Gross Profit | 31,158,000 | |||||||||||||
| Admin Expenses | 29,507,000 | |||||||||||||
| Operating Profit | -7,072,000 | -5,342,000 | -1,732,000 | 1,430,000 | -5,381,000 | -1,780,000 | 948,000 | 1,304,000 | 1,719,000 | 349,000 | 895,000 | 1,651,000 | 926,000 | 3,887,000 |
| Interest Payable | 395,000 | 319,000 | 461,000 | 478,000 | 428,000 | 383,000 | 457,000 | 686,000 | 1,008,000 | 1,116,000 | 1,158,000 | 501,000 | 476,000 | 753,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 3,000 | 0 | 0 | 0 | 0 | 3,000 | 1,000 | 57,000 | 4,000 |
| Pre-Tax Profit | -7,467,000 | -5,661,000 | -2,193,000 | 952,000 | -5,809,000 | -2,160,000 | 491,000 | 618,000 | 711,000 | -767,000 | -260,000 | 1,151,000 | 507,000 | 3,138,000 |
| Tax | -12,000 | -512,000 | 62,000 | -139,000 | 25,000 | 18,000 | 72,000 | 339,000 | -151,000 | 123,000 | 86,000 | 228,000 | 164,000 | -772,000 |
| Profit After Tax | -7,479,000 | -6,173,000 | -2,131,000 | 813,000 | -5,784,000 | -2,142,000 | 563,000 | 957,000 | 560,000 | -644,000 | -174,000 | 1,379,000 | 671,000 | 2,366,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400,000 | 0 | 800,000 | 400,000 | 0 | 1,300,000 |
| Retained Profit | -7,479,000 | -6,173,000 | -2,131,000 | 813,000 | -5,784,000 | -2,142,000 | 563,000 | 957,000 | 160,000 | -644,000 | -974,000 | 979,000 | 671,000 | 1,066,000 |
| Employee Costs | 17,540,000 | 16,297,000 | 14,644,000 | 15,738,000 | 15,173,000 | 14,689,000 | 14,224,000 | 13,271,000 | 12,090,000 | 11,968,000 | 11,410,000 | 11,491,000 | 10,753,000 | 10,206,000 |
| Number Of Employees | 365 | 350 | 342 | 355 | 341 | 337 | 328 | 327 | 308 | 307 | 300 | 312 | 302 | 294 |
| EBITDA* | -5,626,000 | -3,925,000 | -195,000 | 2,933,000 | -4,072,000 | -540,000 | 2,165,000 | 2,680,000 | 3,153,000 | 1,822,000 | 2,286,000 | 2,861,000 | 2,463,000 | 5,453,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,145,000 | 13,092,000 | 11,095,000 | 11,887,000 | 11,405,000 | 10,915,000 | 11,124,000 | 11,337,000 | 11,381,000 | 11,827,000 | 11,040,000 | 0 | 7,122,000 | 7,427,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 1,000 | 4,000 | 8,000 | 5,000 | 9,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 88,000 | 88,000 | 88,000 | 88,000 | 88,000 | 88,000 | 88,000 | 88,000 | 88,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,441,000 | 0 | 0 |
| Total Fixed Assets | 15,233,000 | 13,180,000 | 11,183,000 | 11,975,000 | 11,493,000 | 11,004,000 | 11,216,000 | 11,433,000 | 11,474,000 | 11,836,000 | 11,040,000 | 10,441,000 | 7,122,000 | 7,427,000 |
| Stock & work in progress | 10,970,000 | 10,850,000 | 9,315,000 | 8,900,000 | 10,630,000 | 10,146,000 | 8,848,000 | 8,953,000 | 8,416,000 | 8,309,000 | 7,777,000 | 8,244,000 | 7,408,000 | 6,113,000 |
| Trade Debtors | 11,299,000 | 9,551,000 | 7,592,000 | 9,158,000 | 9,770,000 | 9,995,000 | 9,466,000 | 9,946,000 | 9,452,000 | 10,355,000 | 8,502,000 | 8,650,000 | 9,673,000 | 8,887,000 |
| Group Debtors | 7,787,000 | 14,830,000 | 22,618,000 | 21,552,000 | 17,065,000 | 16,337,000 | 14,288,000 | 7,383,000 | 6,463,000 | 5,118,000 | 6,914,000 | 7,136,000 | 3,988,000 | 11,355,000 |
| Misc Debtors | 1,644,000 | 1,483,000 | 980,000 | 281,000 | 282,000 | 366,000 | 1,233,000 | 233,000 | 317,000 | 236,000 | 204,000 | 182,000 | 149,000 | 58,000 |
| Cash | 123,000 | 224,000 | 0 | 789,000 | 1,812,000 | 0 | 130,000 | 202,000 | 173,000 | 140,000 | 155,000 | 27,000 | 145,000 | 500,000 |
| misc current assets | 0 | 0 | 501,000 | 183,000 | 550,000 | 215,000 | 140,000 | 112,000 | 0 | 86,000 | 62,000 | 64,000 | 0 | 0 |
| total current assets | 31,823,000 | 36,938,000 | 41,006,000 | 40,863,000 | 40,109,000 | 37,059,000 | 34,105,000 | 26,829,000 | 24,821,000 | 24,244,000 | 23,614,000 | 24,303,000 | 21,363,000 | 26,913,000 |
| total assets | 47,056,000 | 50,118,000 | 52,189,000 | 52,838,000 | 51,602,000 | 48,063,000 | 45,321,000 | 38,262,000 | 36,295,000 | 36,080,000 | 34,654,000 | 34,744,000 | 28,485,000 | 34,340,000 |
| Bank overdraft | 0 | 0 | 273,000 | 0 | 0 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,185,000 | 6,800,000 | 4,336,000 | 2,465,000 | 2,568,000 | 2,717,000 | 2,496,000 | 1,260,000 | 2,673,000 | 1,453,000 | 867,000 | 6,000 | 0 | 0 |
| Group/Directors Accounts | 47,866,000 | 44,120,000 | 43,097,000 | 42,817,000 | 42,053,000 | 31,678,000 | 26,947,000 | 21,222,000 | 18,610,000 | 19,147,000 | 17,439,000 | 20,893,000 | 10,000,000 | 16,000,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 177,000 | 253,000 | 225,000 | 281,000 | 557,000 | 614,000 | 594,000 | 622,000 | 659,000 | 651,000 | 617,000 | 90,000 | 10,000 | 0 |
| other current liabilities | 5,610,000 | 5,110,000 | 3,864,000 | 4,725,000 | 5,205,000 | 5,850,000 | 5,209,000 | 5,164,000 | 4,579,000 | 4,480,000 | 4,059,000 | 4,096,000 | 10,030,000 | 10,251,000 |
| total current liabilities | 60,838,000 | 56,283,000 | 51,795,000 | 50,288,000 | 50,383,000 | 40,864,000 | 35,246,000 | 28,268,000 | 26,521,000 | 25,731,000 | 22,982,000 | 25,085,000 | 20,040,000 | 26,251,000 |
| loans | 0 | 177,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84,000 | 0 |
| hp & lease commitments | 0 | 0 | 395,000 | 867,000 | 466,000 | 637,000 | 1,133,000 | 1,561,000 | 2,165,000 | 2,825,000 | 3,355,000 | 361,000 | 42,000 | 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 | 1,403,000 | 1,364,000 | 876,000 | 930,000 | 791,000 | 816,000 | 835,000 | 889,000 | 1,022,000 | 1,097,000 | 1,246,000 | 1,253,000 | 2,674,000 | 3,388,000 |
| total long term liabilities | 1,403,000 | 1,541,000 | 1,271,000 | 1,797,000 | 1,257,000 | 1,453,000 | 1,968,000 | 2,450,000 | 3,187,000 | 3,922,000 | 4,601,000 | 1,614,000 | 1,379,000 | 1,694,000 |
| total liabilities | 62,241,000 | 57,824,000 | 53,066,000 | 52,085,000 | 51,640,000 | 42,317,000 | 37,214,000 | 30,718,000 | 29,708,000 | 29,653,000 | 27,583,000 | 26,699,000 | 21,419,000 | 27,945,000 |
| net assets | -15,185,000 | -7,706,000 | -877,000 | 753,000 | -38,000 | 5,746,000 | 8,107,000 | 7,544,000 | 6,587,000 | 6,427,000 | 7,071,000 | 8,045,000 | 7,066,000 | 6,395,000 |
| total shareholders funds | -15,185,000 | -7,706,000 | -877,000 | 753,000 | -38,000 | 5,746,000 | 8,107,000 | 7,544,000 | 6,587,000 | 6,427,000 | 7,071,000 | 8,045,000 | 7,066,000 | 6,395,000 |
| Apr 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -7,072,000 | -5,342,000 | -1,732,000 | 1,430,000 | -5,381,000 | -1,780,000 | 948,000 | 1,304,000 | 1,719,000 | 349,000 | 895,000 | 1,651,000 | 926,000 | 3,887,000 |
| Depreciation | 1,446,000 | 1,417,000 | 1,537,000 | 1,503,000 | 1,308,000 | 1,237,000 | 1,213,000 | 1,372,000 | 1,430,000 | 1,471,000 | 1,391,000 | 1,210,000 | 1,537,000 | 1,566,000 |
| Amortisation | 0 | 0 | 0 | 0 | 1,000 | 3,000 | 4,000 | 4,000 | 4,000 | 2,000 | 0 | 0 | 0 | 0 |
| Tax | -12,000 | -512,000 | 62,000 | -139,000 | 25,000 | 18,000 | 72,000 | 339,000 | -151,000 | 123,000 | 86,000 | 228,000 | 164,000 | -772,000 |
| Stock | 120,000 | 1,535,000 | 415,000 | -1,730,000 | 484,000 | 1,298,000 | -105,000 | 537,000 | 107,000 | 532,000 | -467,000 | 836,000 | 1,295,000 | 6,113,000 |
| Debtors | -5,134,000 | -5,326,000 | 199,000 | 3,874,000 | 419,000 | 1,711,000 | 7,425,000 | 1,330,000 | 523,000 | 89,000 | -10,789,000 | 12,599,000 | -6,490,000 | 20,300,000 |
| Creditors | 385,000 | 2,464,000 | 1,871,000 | -103,000 | -149,000 | 221,000 | 1,236,000 | -1,413,000 | 1,220,000 | 586,000 | 861,000 | 6,000 | 0 | 0 |
| Accruals and Deferred Income | 500,000 | 1,246,000 | -861,000 | -480,000 | -645,000 | 641,000 | 45,000 | 585,000 | 99,000 | 421,000 | -37,000 | -5,934,000 | -221,000 | 10,251,000 |
| Deferred Taxes & Provisions | 39,000 | 488,000 | -54,000 | 139,000 | -25,000 | -19,000 | -54,000 | -133,000 | -75,000 | -149,000 | -7,000 | -1,421,000 | -714,000 | 3,388,000 |
| Cash flow from operations | 300,000 | 3,552,000 | 209,000 | 206,000 | -5,769,000 | -2,688,000 | -3,856,000 | 191,000 | 3,616,000 | 2,182,000 | 14,445,000 | -17,695,000 | 6,887,000 | -8,093,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,746,000 | 1,023,000 | 280,000 | 764,000 | 10,375,000 | 4,731,000 | 5,725,000 | 2,612,000 | -537,000 | 1,708,000 | -3,454,000 | 10,893,000 | -6,000,000 | 16,000,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -177,000 | 177,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84,000 | 84,000 | 0 |
| Hire Purchase and Lease Commitments | -76,000 | -367,000 | -528,000 | 125,000 | -228,000 | -476,000 | -456,000 | -641,000 | -652,000 | -496,000 | 3,521,000 | 399,000 | 52,000 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -395,000 | -319,000 | -461,000 | -478,000 | -428,000 | -380,000 | -457,000 | -686,000 | -1,008,000 | -1,116,000 | -1,155,000 | -500,000 | -419,000 | -749,000 |
| cash flow from financing | 3,098,000 | -142,000 | -208,000 | 389,000 | 9,719,000 | 3,656,000 | 4,812,000 | 1,285,000 | -2,197,000 | 96,000 | -1,088,000 | 10,708,000 | -6,283,000 | 20,580,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -101,000 | 224,000 | -789,000 | -1,023,000 | 1,812,000 | -130,000 | -72,000 | 29,000 | 33,000 | -15,000 | 128,000 | -118,000 | -355,000 | 500,000 |
| overdraft | 0 | -273,000 | 273,000 | 0 | -5,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -101,000 | 497,000 | -1,062,000 | -1,023,000 | 1,817,000 | -135,000 | -72,000 | 29,000 | 33,000 | -15,000 | 128,000 | -118,000 | -355,000 | 500,000 |
james cropper speciality papers limited Credit Report and Business Information
James Cropper Speciality Papers Limited Competitor Analysis
Perform a competitor analysis for james cropper speciality papers limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
james cropper speciality papers limited Ownership
JAMES CROPPER SPECIALITY PAPERS LIMITED group structure
James Cropper Speciality Papers Limited has no subsidiary companies.
Ultimate parent company
1 parent
JAMES CROPPER SPECIALITY PAPERS LIMITED
04690555
james cropper speciality papers limited directors
James Cropper Speciality Papers Limited currently has 3 directors. The longest serving directors include Mr Stephen Adams (Jan 2017) and Mr Richard Bracewell (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Adams | 60 years | Jan 2017 | - | Director | |
| Mr Richard Bracewell | 59 years | Aug 2023 | - | Director | |
| Mr Andrew Goody | United Kingdom | 57 years | Nov 2023 | - | Director |
P&L
April 2023turnover
79.7m
+24%
operating profit
-7.1m
+32%
gross margin
23.9%
+14.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-15.2m
+0.97%
total assets
47.1m
-0.06%
cash
123k
-0.45%
net assets
Total assets minus all liabilities
james cropper speciality papers limited company details
company number
04690555
Type
Private limited with Share Capital
industry
17120 - Manufacture of paper and paperboard
incorporation date
March 2003
age
21
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
burneside mills, kendal, cumbria, LA9 6PZ
last accounts submitted
April 2023
james cropper speciality papers 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 did not find charges/mortgages relating to james cropper speciality papers limited.
james cropper speciality papers limited Companies House Filings - See Documents
| date | description | view/download |
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