fromm packaging limited

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fromm packaging limited Company Information

Share FROMM PACKAGING LIMITED

Company Number

04709272

Shareholders

reinhard fromm holding (ag)

Group Structure

View All

Industry

Packaging activities

 

Registered Address

unit 2b hedsor park farm, heathfield road, taplow, buckinghamshire, SL6 0FE

fromm packaging limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of FROMM PACKAGING LIMITED at £4.5m based on a Turnover of £6.9m and 0.65x industry multiple (adjusted for size and gross margin).

fromm packaging limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FROMM PACKAGING LIMITED at £0 based on an EBITDA of £-380.6k and a 4.03x industry multiple (adjusted for size and gross margin).

fromm packaging limited Estimated Valuation

£18.5m

Pomanda estimates the enterprise value of FROMM PACKAGING LIMITED at £18.5m based on Net Assets of £7.4m and 2.51x industry multiple (adjusted for liquidity).

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Fromm Packaging Limited Overview

Fromm Packaging Limited is a live company located in taplow, SL6 0FE with a Companies House number of 04709272. It operates in the packaging activities sector, SIC Code 82920. Founded in March 2003, it's largest shareholder is reinhard fromm holding (ag) with a 100% stake. Fromm Packaging Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.9m with healthy growth in recent years.

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Fromm Packaging Limited Health Check

Pomanda's financial health check has awarded Fromm Packaging Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £6.9m, make it smaller than the average company (£13m)

£6.9m - Fromm Packaging Limited

£13m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.2%)

5% - Fromm Packaging Limited

6.2% - Industry AVG

production

Production

with a gross margin of 25.6%, this company has a comparable cost of product (25.6%)

25.6% - Fromm Packaging Limited

25.6% - Industry AVG

profitability

Profitability

an operating margin of -7.3% make it less profitable than the average company (4.5%)

-7.3% - Fromm Packaging Limited

4.5% - Industry AVG

employees

Employees

with 23 employees, this is below the industry average (42)

23 - Fromm Packaging Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)

£40.6k - Fromm Packaging Limited

£40.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £299.2k, this is more efficient (£233k)

£299.2k - Fromm Packaging Limited

£233k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (57 days)

72 days - Fromm Packaging Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (38 days)

10 days - Fromm Packaging Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 146 days, this is more than average (46 days)

146 days - Fromm Packaging Limited

46 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (11 weeks)

27 weeks - Fromm Packaging Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (67.5%)

23.1% - Fromm Packaging Limited

67.5% - Industry AVG

FROMM PACKAGING LIMITED financials

EXPORTms excel logo

Fromm Packaging Limited's latest turnover from December 2023 is estimated at £6.9 million and the company has net assets of £7.4 million. According to their latest financial statements, Fromm Packaging Limited has 23 employees and maintains cash reserves of £672.4 thousand 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
Turnover6,880,9477,758,0106,391,8246,028,1605,995,6095,775,7186,113,3546,313,4206,917,9797,602,2067,535,1259,140,41811,054,9528,321,6470
Other Income Or Grants000000000000000
Cost Of Sales5,122,2655,932,7854,738,0264,534,1144,532,1154,281,6744,510,2394,695,6685,264,7215,732,0385,576,8326,827,2458,241,2836,190,2310
Gross Profit1,758,6821,825,2251,653,7981,494,0461,463,4941,494,0441,603,1151,617,7521,653,2581,870,1681,958,2932,313,1732,813,6702,131,4160
Admin Expenses2,264,635842,5991,127,891-1,798,0931,156,8961,541,7971,298,1431,509,6971,244,8521,436,4631,663,2761,806,9962,672,8631,997,6421,269,565
Operating Profit-505,953982,626525,9073,292,139306,598-47,753304,972108,055408,406433,705295,017506,177140,807133,774-1,269,565
Interest Payable20181800000000000
Interest Receivable71,61265,5703,6197192,8205,2063,0881,0862,1521,5881,5431,8572,4432,316885
Pre-Tax Profit-434,3431,048,196529,5073,292,841309,419-42,547308,060109,141410,559435,294296,560508,034143,250136,090-1,268,680
Tax0-199,157-100,606-625,640-58,7900-58,531-21,828-82,112-91,412-68,209-121,928-37,245-38,1050
Profit After Tax-434,343849,039428,9012,667,201250,629-42,547249,52987,313328,447343,882228,351386,106106,00597,985-1,268,680
Dividends Paid000000000000000
Retained Profit-434,343849,039428,9012,667,201250,629-42,547249,52987,313328,447343,882228,351386,106106,00597,985-1,268,680
Employee Costs932,868860,449886,198681,620814,447862,157913,454781,5371,367,4081,631,0811,338,1481,487,8142,378,5861,718,0140
Number Of Employees23222320232426244552454575600
EBITDA*-380,5781,062,534587,3913,292,139561,145166,289565,793365,119670,062682,922521,301784,907479,725542,428-872,953

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,094,0574,078,2803,932,0473,687,427773,463640,507372,992393,751503,861502,320391,469411,245428,869538,767668,869
Intangible Assets22,71524,70030,75037,51040,64547,86032,26012,78015,03517,685001,2552,5100
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,116,7724,102,9803,962,7973,724,937814,108688,367405,252406,531518,896520,005391,469411,245430,124541,277668,869
Stock & work in progress2,060,4972,829,4201,956,9952,078,3432,228,4681,870,2032,142,4571,947,8751,774,7631,718,2361,569,2911,771,4282,017,3461,244,1371,032,269
Trade Debtors1,369,9991,458,9031,365,1811,035,594989,7491,211,9271,017,6511,199,4181,063,1201,070,7521,147,8561,230,8081,403,1961,129,295995,103
Group Debtors323,316330,423308,931237,026305,615308,815000000000
Misc Debtors55,47045,03527,59825,28446,01639,523110,576353,433157,574000000
Cash672,4352,055,6291,691,2441,203,864234,487517,627870,696364,604504,071356,861278,444338,571404,396572,653353,931
misc current assets1,000,00000000000000000
total current assets5,481,7176,719,4105,349,9494,580,1113,804,3353,948,0954,141,3803,865,3303,499,5283,145,8492,995,5913,340,8073,824,9382,946,0852,381,303
total assets9,598,48910,822,3909,312,7468,305,0484,618,4434,636,4624,546,6324,271,8614,018,4243,665,8543,387,0603,752,0524,255,0623,487,3623,050,172
Bank overdraft208057900000000000
Bank loan000000000000000
Trade Creditors 146,262212,119201,863331,983223,75742,134226,2749,894175,776672,205737,2931,330,6362,219,7521,558,0571,218,852
Group/Directors Accounts97,492962,176505,37800411,35228,230360,93235,705000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,016,314893,313762,699830,228489,105547,991614,894491,626484,847000000
total current liabilities1,260,0882,067,6161,469,9401,162,790712,8621,001,477869,398862,452696,328672,205737,2931,330,6362,219,7521,558,0571,218,852
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions960,583942,613879,684608,03738,56118,59418,29600000000
total long term liabilities960,583942,613879,684608,03738,56118,59418,29600000000
total liabilities2,220,6713,010,2292,349,6241,770,827751,4231,020,071887,694862,452696,328672,205737,2931,330,6362,219,7521,558,0571,218,852
net assets7,377,8187,812,1616,963,1226,534,2213,867,0203,616,3913,658,9383,409,4093,322,0962,993,6492,649,7672,421,4162,035,3101,929,3051,831,320
total shareholders funds7,377,8187,812,1616,963,1226,534,2213,867,0203,616,3913,658,9383,409,4093,322,0962,993,6492,649,7672,421,4162,035,3101,929,3051,831,320
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-505,953982,626525,9073,292,139306,598-47,753304,972108,055408,406433,705295,017506,177140,807133,774-1,269,565
Depreciation120,35773,85854,7240246,852205,292255,126254,809259,006246,094226,284277,475337,663407,399394,230
Amortisation5,0186,0506,76007,6958,7505,6952,2552,6503,12301,2551,2551,2552,382
Tax0-199,157-100,606-625,640-58,7900-58,531-21,828-82,112-91,412-68,209-121,928-37,245-38,1050
Stock-768,923872,425-121,348-150,125358,265-272,254194,582173,11256,527148,945-202,137-245,918773,209211,8681,032,269
Debtors-85,576132,651403,806-43,476-218,885432,038-424,624332,157149,942-77,104-82,952-172,388273,901134,192995,103
Creditors-65,85710,256-130,120108,226181,623-184,140216,380-165,882-496,429-65,088-593,343-889,116661,695339,2051,218,852
Accruals and Deferred Income123,001130,614-67,529341,123-58,886-66,903123,2686,779484,847000000
Deferred Taxes & Provisions17,97062,929271,647569,47619,96729818,29600000000
Cash flow from operations549,03562,100278,3253,878,925505,679-244,2401,095,248-321,081369,899454,581144,838192,16957,065497,468-1,681,473
Investing Activities
capital expenditure-139,167-220,091-299,344-2,910,829-380,288-497,157-259,542-144,699-260,547-377,753-206,508-259,851-227,765-281,062-1,065,481
Change in Investments000000000000000
cash flow from investments-139,167-220,091-299,344-2,910,829-380,288-497,157-259,542-144,699-260,547-377,753-206,508-259,851-227,765-281,062-1,065,481
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-864,684456,798505,3780-411,352383,122-332,702325,22735,705000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000003,100,000
interest71,61065,5703,6017012,8205,2063,0881,0862,1521,5881,5431,8572,4432,316885
cash flow from financing-793,074522,368508,979701-408,532388,328-329,614326,31337,8571,5881,5431,8572,4432,3163,100,885
cash and cash equivalents
cash-1,383,194364,385487,380969,377-283,140-353,069506,092-139,467147,21078,417-60,127-65,825-168,257218,722353,931
overdraft128-57957900000000000
change in cash-1,383,206364,377487,959968,798-283,140-353,069506,092-139,467147,21078,417-60,127-65,825-168,257218,722353,931

fromm packaging 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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Fromm Packaging Limited Competitor Analysis

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Perform a competitor analysis for fromm packaging limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in SL6 area or any other competitors across 12 key performance metrics.

fromm packaging limited Ownership

FROMM PACKAGING LIMITED group structure

Fromm Packaging Limited has no subsidiary companies.

Ultimate parent company

REINHARD FROMM HOLDING AG

#0054955

1 parent

FROMM PACKAGING LIMITED

04709272

FROMM PACKAGING LIMITED Shareholders

reinhard fromm holding (ag) 100%

fromm packaging limited directors

Fromm Packaging Limited currently has 3 directors. The longest serving directors include Mr Matthias Schwarzenbach (Mar 2003) and Mr Reinhard Fromm (Jan 2004).

officercountryagestartendrole
Mr Matthias SchwarzenbachSwitzerland55 years Mar 2003- Director
Mr Reinhard FrommSwitzerland83 years Jan 2004- Director
Miss Frances WelshEngland56 years Jan 2021- Director

P&L

December 2023

turnover

6.9m

-11%

operating profit

-506k

0%

gross margin

25.6%

+8.64%

turnover

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

Balance Sheet

December 2023

net assets

7.4m

-0.06%

total assets

9.6m

-0.11%

cash

672.4k

-0.67%

net assets

Total assets minus all liabilities

fromm packaging limited company details

company number

04709272

Type

Private limited with Share Capital

industry

82920 - Packaging activities

incorporation date

March 2003

age

22

incorporated

UK

ultimate parent company

REINHARD FROMM HOLDING AG

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

JUST AUDIT LIMITED

auditor

-

address

unit 2b hedsor park farm, heathfield road, taplow, buckinghamshire, SL6 0FE

Bank

-

Legal Advisor

-

fromm packaging 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 fromm packaging limited.

fromm packaging 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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fromm packaging limited Companies House Filings - See Documents

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