general all purpose plastics group limited

general all purpose plastics group limited Company Information

Share GENERAL ALL PURPOSE PLASTICS GROUP LIMITED
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EstablishedMegaHigh

Company Number

05635001

Industry

Activities of head offices

 

Shareholders

trustee of the andrew greensmith 2003 trust

trustees of the simon bird 2003 trust

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Group Structure

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Contact

Registered Address

partnership way, shadsworth business park, blackburn, lancashire, BB1 2QP

general all purpose plastics group limited Estimated Valuation

£186.6m

Pomanda estimates the enterprise value of GENERAL ALL PURPOSE PLASTICS GROUP LIMITED at £186.6m based on a Turnover of £143.3m and 1.3x industry multiple (adjusted for size and gross margin).

general all purpose plastics group limited Estimated Valuation

£130.3m

Pomanda estimates the enterprise value of GENERAL ALL PURPOSE PLASTICS GROUP LIMITED at £130.3m based on an EBITDA of £13.2m and a 9.85x industry multiple (adjusted for size and gross margin).

general all purpose plastics group limited Estimated Valuation

£57.4m

Pomanda estimates the enterprise value of GENERAL ALL PURPOSE PLASTICS GROUP LIMITED at £57.4m based on Net Assets of £28.8m and 1.99x industry multiple (adjusted for liquidity).

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General All Purpose Plastics Group Limited Overview

General All Purpose Plastics Group Limited is a live company located in blackburn, BB1 2QP with a Companies House number of 05635001. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 2005, it's largest shareholder is trustee of the andrew greensmith 2003 trust with a 28.5% stake. General All Purpose Plastics Group Limited is a established, mega sized company, Pomanda has estimated its turnover at £143.3m with high growth in recent years.

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General All Purpose Plastics Group Limited Health Check

Pomanda's financial health check has awarded General All Purpose Plastics Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £143.3m, make it larger than the average company (£20.4m)

£143.3m - General All Purpose Plastics Group Limited

£20.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4.7%)

18% - General All Purpose Plastics Group Limited

4.7% - Industry AVG

production

Production

with a gross margin of 42.4%, this company has a lower cost of product (33.2%)

42.4% - General All Purpose Plastics Group Limited

33.2% - Industry AVG

profitability

Profitability

an operating margin of 6.6% make it as profitable than the average company (5.7%)

6.6% - General All Purpose Plastics Group Limited

5.7% - Industry AVG

employees

Employees

with 1065 employees, this is above the industry average (117)

1065 - General All Purpose Plastics Group Limited

117 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.3k, the company has a lower pay structure (£46k)

£34.3k - General All Purpose Plastics Group Limited

£46k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134.5k, this is less efficient (£189.5k)

£134.5k - General All Purpose Plastics Group Limited

£189.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is earlier than average (46 days)

21 days - General All Purpose Plastics Group Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (44 days)

73 days - General All Purpose Plastics Group Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 97 days, this is more than average (50 days)

97 days - General All Purpose Plastics Group Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (15 weeks)

16 weeks - General All Purpose Plastics Group Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.8%, this is a similar level of debt than the average (56.7%)

57.8% - General All Purpose Plastics Group Limited

56.7% - Industry AVG

GENERAL ALL PURPOSE PLASTICS GROUP LIMITED financials

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General All Purpose Plastics Group Limited's latest turnover from May 2023 is £143.3 million and the company has net assets of £28.8 million. According to their latest financial statements, General All Purpose Plastics Group Limited has 1,065 employees and maintains cash reserves of £10.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover143,250,524143,057,243119,839,91487,736,435111,802,230111,818,38969,439,86164,845,94956,878,47550,188,96843,156,60445,765,06640,671,94343,001,463
Other Income Or Grants00000000000000
Cost Of Sales82,434,64576,757,76666,433,41254,405,91367,823,31869,736,17340,801,38037,335,02232,410,02828,108,61525,587,00828,045,34224,848,32528,303,401
Gross Profit60,815,87966,299,47753,406,50233,330,52243,978,91242,082,21628,638,48127,510,92724,468,44722,080,35317,569,59617,719,72415,823,61814,698,062
Admin Expenses51,434,50747,067,02936,845,69737,885,04642,409,49439,075,95925,087,89125,008,34721,593,54320,604,72617,188,87817,236,03915,226,16814,587,011
Operating Profit9,381,37219,232,44816,560,805-4,554,5241,569,4183,006,2573,550,5902,502,5802,874,9041,475,627380,718483,685597,450111,051
Interest Payable304,310376,567637,8101,376,9831,313,292933,16586,169579,13475,011420,833156,171412,570326,545270,318
Interest Receivable00004,590301,7716,1101,3776,1361,23600157122
Pre-Tax Profit9,077,06218,855,88115,922,995-5,931,507260,7162,374,8633,470,5311,924,8172,806,0291,056,030224,54778,074261,062-171,145
Tax-1,820,294-3,585,981-2,930,452287,569-335,226-757,320-985,939-762,176-837,115-344,87952,5659,5250-112,599
Profit After Tax7,256,76815,269,90012,992,543-5,643,938-74,5101,617,5432,484,5921,162,6411,968,914711,151277,11287,599261,062-283,744
Dividends Paid5,955,557715,0005,114,3180237,4860387,8161,214,687332,88300000
Retained Profit1,301,21114,554,9007,878,225-5,643,938-311,9961,617,5432,096,776-52,0461,636,031711,151277,11282,586-60,124-219,547
Employee Costs36,560,91534,610,05427,104,75524,530,95527,366,62825,129,70617,311,57216,371,68513,742,55411,672,67810,793,42310,155,06110,110,97910,177,901
Number Of Employees1,065913776823955979636540499439436427414457
EBITDA*13,233,91322,543,08219,632,316-1,406,0934,746,6315,974,8785,456,4014,563,9704,541,2062,979,8341,776,9311,739,4011,805,2341,485,915

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets12,416,17811,570,41410,201,34910,590,57312,649,40310,979,1789,344,2688,675,3607,092,2105,161,9635,383,3726,061,2304,223,7254,648,021
Intangible Assets10,239,55610,962,34811,685,14112,423,99215,168,84615,442,283285,145470,426517,408541,77100304,500345,798
Investments & Other00000000000816,9401,000,0001,145,467
Debtors (Due After 1 year)00000000000000
Total Fixed Assets22,655,73422,532,76221,886,49023,014,56527,818,24926,421,4619,629,4139,145,7867,609,6185,703,7345,383,3726,878,1705,528,2256,139,286
Stock & work in progress21,973,90722,844,03017,093,45412,238,87915,221,86812,663,0378,157,5677,191,7835,932,3665,574,9394,373,8665,143,5265,292,9805,665,636
Trade Debtors8,566,3539,168,0728,430,1722,228,3548,604,01212,991,9467,800,2428,012,0207,203,7196,638,1146,539,5297,061,9326,001,6116,246,684
Group Debtors000844,944326,264554,993356,904198,256137,0180003,181,8083,270,560
Misc Debtors4,279,9164,195,9472,776,2284,311,6515,348,0792,995,8621,762,2981,624,9101,220,4201,501,0111,901,6171,622,1251,210,2151,144,632
Cash10,849,49211,001,51210,907,7636,974,4392,841,7502,229,8921,184,222246,204134,97386,08469,838541,7842,822,481344,315
misc current assets00000000000000
total current assets45,669,66847,209,56139,207,61726,598,26732,341,97331,435,73019,261,23317,273,17314,628,49613,800,14812,884,85014,369,36718,509,09516,671,827
total assets68,325,40269,742,32361,094,10749,612,83260,160,22257,857,19128,890,64626,418,95922,238,11419,503,88218,268,22221,247,53724,037,32022,811,113
Bank overdraft00002,534,9002,904,34411,6493,40339,649396,58264,5772,772,047480,9532,510,833
Bank loan280,000380,000380,0001,000,0000000000000
Trade Creditors 16,581,65515,074,73713,554,5324,973,24512,958,1509,067,1758,703,4428,049,1496,693,7745,715,1165,650,9565,287,0535,217,7025,298,934
Group/Directors Accounts3,086,187585,4771,702,522000364,3411,218,131707,379591,3821,778,0102,355,9976,947,0554,129,847
other short term finances000706,2042,300,0002,300,000088,884244,511135,0000816,94000
hp & lease commitments813,254707,732721,525531,879492,978213,765247,726173,192327,675110,196336,327265,333115,649220,021
other current liabilities14,122,92517,338,95320,373,31717,452,6608,932,12313,416,7198,934,9218,478,2755,957,8085,818,1144,832,0114,399,1754,008,3103,436,103
total current liabilities34,884,02134,086,89936,731,89624,663,98827,218,15127,902,00318,262,07918,011,03413,970,79612,766,39012,661,88115,896,54516,769,66915,595,738
loans580,0001,140,0001,520,0006,500,00018,312,64716,750,000000151,617005,593,7205,545,720
hp & lease commitments965,657935,3501,276,1621,183,5491,584,076370,43590,55797,61646,58612,55889,84973,33926,28841,295
Accruals and Deferred Income00000000000000
other liabilities1,128,2054,007,3856,940,4359,388,47000000075,00075,00000
provisions1,927,7952,034,1761,642,0012,771,4372,296,0221,773,4311,094,231963,306821,683810,343389,669427,942430,480526,792
total long term liabilities4,601,6578,116,91111,378,59819,843,45622,192,74518,893,8661,184,7881,060,922868,269974,518554,518576,2816,050,4886,113,807
total liabilities39,485,67842,203,81048,110,49444,507,44449,410,89646,795,86919,446,86719,071,95614,839,06513,740,90813,216,39916,472,82622,820,15721,709,545
net assets28,839,72427,538,51312,983,6135,105,38810,749,32611,061,3229,443,7797,347,0037,399,0495,762,9745,051,8234,774,7111,041,4441,101,568
total shareholders funds28,839,72427,538,51312,983,6135,105,38810,749,32611,061,3229,443,7797,347,0037,399,0495,762,9745,051,8234,774,7111,041,4441,101,568
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit9,381,37219,232,44816,560,805-4,554,5241,569,4183,006,2573,550,5902,502,5802,874,9041,475,627380,718483,685597,450111,051
Depreciation3,129,7492,587,8412,332,6602,511,2772,321,6622,111,2701,715,7301,890,2311,506,5441,382,5841,396,2131,250,4661,166,4861,066,182
Amortisation722,792722,793738,851637,154855,551857,351190,081171,159159,758121,62305,25041,298308,682
Tax-1,820,294-3,585,981-2,930,452287,569-335,226-757,320-985,939-762,176-837,115-344,87952,5659,5250-112,599
Stock-870,1235,750,5764,854,575-2,982,9892,558,8314,505,470965,7841,259,417357,4271,201,073-769,660-149,454-372,6565,665,636
Debtors-517,7502,157,6193,821,451-6,893,406-2,264,4466,623,35784,2581,274,029422,032-302,021-242,911-1,709,577-268,24210,661,876
Creditors1,506,9181,520,2058,581,287-7,984,9053,890,975363,733654,2931,355,375978,65864,160363,90369,351-81,2325,298,934
Accruals and Deferred Income-3,216,028-3,034,3642,920,6578,520,537-4,484,5964,481,798456,6462,520,467139,694986,103432,836390,865572,2073,436,103
Deferred Taxes & Provisions-106,381392,175-1,129,436475,415522,591679,200130,925141,62311,340420,674-38,273-2,538-96,312526,792
Cash flow from operations10,986,0019,926,92218,398,3469,768,9184,045,990-386,5384,662,2845,285,8134,054,3243,206,8403,600,5334,065,6352,840,795-5,692,367
Investing Activities
capital expenditure0000-2,185,825-2,890,899-1,898,939-3,586,039-2,791,939-1,188,825-67,746-2,609,831-602,360-1,856,217
Change in Investments0000000000-816,940-183,060-145,4671,145,467
cash flow from investments0000-2,185,825-2,890,899-1,898,939-3,586,039-2,791,939-1,188,825749,194-2,426,771-456,893-3,001,684
Financing Activities
Bank loans-100,0000-620,0001,000,0000000000000
Group/Directors Accounts2,500,710-1,117,0451,702,52200-364,341-853,790510,752115,997-1,186,628-577,987-4,591,0582,817,2084,129,847
Other Short Term Loans 00-706,204-1,593,79602,300,000-88,884-155,627109,511135,000-816,940816,94000
Long term loans-560,000-380,000-4,980,000-11,812,6471,562,64716,750,00000-151,617151,6170-5,593,72048,0005,545,720
Hire Purchase and Lease Commitments135,829-354,605282,259-361,6261,492,854245,91767,475-103,453251,507-303,42287,504196,735-119,379261,316
other long term liabilities-2,879,180-2,933,050-2,448,0359,388,47000000-75,000075,00000
share issue0000000044003,650,68101,321,115
interest-304,310-376,567-637,810-1,376,983-1,308,702-631,394-80,059-577,757-68,875-419,597-156,171-412,570-326,388-270,196
cash flow from financing-1,206,951-5,161,267-7,407,268-4,756,5821,746,79918,300,182-955,258-326,085256,567-1,698,030-1,463,594-5,857,9922,419,44110,987,802
cash and cash equivalents
cash-152,02093,7493,933,3244,132,689611,8581,045,670938,018111,23148,88916,246-471,946-2,280,6972,478,166344,315
overdraft000-2,534,900-369,4442,892,6958,246-36,246-356,933332,005-2,707,4702,291,094-2,029,8802,510,833
change in cash-152,02093,7493,933,3246,667,589981,302-1,847,025929,772147,477405,822-315,7592,235,524-4,571,7914,508,046-2,166,518

general all purpose plastics group limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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General All Purpose Plastics Group Limited Competitor Analysis

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general all purpose plastics group limited Ownership

GENERAL ALL PURPOSE PLASTICS GROUP LIMITED group structure

General All Purpose Plastics Group Limited has 2 subsidiary companies.

Ultimate parent company

GENERAL ALL PURPOSE PLASTICS GROUP LIMITED

05635001

2 subsidiaries

GENERAL ALL PURPOSE PLASTICS GROUP LIMITED Shareholders

trustee of the andrew greensmith 2003 trust 28.48%
trustees of the simon bird 2003 trust 23.06%
crown oil limited 21.4%
trustees of the gap number 1 furbs 8.33%
trustees of the gap number 5 furbs 5.03%
trustees of the gap number 2 furbs 5.03%
trustee of the gap number 4 furbs 3.93%
trustees of the gap number 3 furbs 3.77%
simon david bird 0.43%
trustees of the a d greensmith no 1 trust 0.1%

general all purpose plastics group limited directors

General All Purpose Plastics Group Limited currently has 3 directors. The longest serving directors include Mr Simon Bird (Nov 2005) and Mr Andrew Greensmith (Nov 2005).

officercountryagestartendrole
Mr Simon Bird59 years Nov 2005- Director
Mr Andrew GreensmithEngland54 years Nov 2005- Director
Mr Barry ElmerUnited Kingdom47 years Oct 2017- Director

P&L

May 2023

turnover

143.3m

0%

operating profit

9.4m

-51%

gross margin

42.5%

-8.39%

turnover

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

Balance Sheet

May 2023

net assets

28.8m

+0.05%

total assets

68.3m

-0.02%

cash

10.8m

-0.01%

net assets

Total assets minus all liabilities

general all purpose plastics group limited company details

company number

05635001

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

November 2005

age

19

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

May 2023

previous names

N/A

accountant

-

auditor

RUSHTONS

address

partnership way, shadsworth business park, blackburn, lancashire, BB1 2QP

Bank

BARCLAYS BANK PLC

Legal Advisor

BSS LAW

general all purpose plastics group 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 2 charges/mortgages relating to general all purpose plastics group limited. Currently there are 1 open charges and 1 have been satisfied in the past.

general all purpose plastics group 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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general all purpose plastics group limited Companies House Filings - See Documents

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