cartonage limited
cartonage limited Company Information
Company Number
05668766
Website
www.cartonage.comRegistered Address
unit 7 adwalton business park, 132 wakefield road, leeds, BD11 1DR
Industry
Manufacture of paper and paperboard containers other than sacks and bags
Telephone
01924868400
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
janet webster 25.3%
philip webster 25.3%
View Allcartonage limited Estimated Valuation
Pomanda estimates the enterprise value of CARTONAGE LIMITED at £6.2m based on a Turnover of £13.4m and 0.46x industry multiple (adjusted for size and gross margin).
cartonage limited Estimated Valuation
Pomanda estimates the enterprise value of CARTONAGE LIMITED at £700.2k based on an EBITDA of £191.9k and a 3.65x industry multiple (adjusted for size and gross margin).
cartonage limited Estimated Valuation
Pomanda estimates the enterprise value of CARTONAGE LIMITED at £2.2m based on Net Assets of £1.3m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cartonage Limited Overview
Cartonage Limited is a live company located in leeds, BD11 1DR with a Companies House number of 05668766. It operates in the manufacture of other paper and paperboard containers sector, SIC Code 17219. Founded in January 2006, it's largest shareholder is janet webster with a 25.3% stake. Cartonage Limited is a established, mid sized company, Pomanda has estimated its turnover at £13.4m with high growth in recent years.
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Cartonage Limited Health Check
Pomanda's financial health check has awarded Cartonage Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £13.4m, make it smaller than the average company (£18.3m)
- Cartonage Limited
£18.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8%)
- Cartonage Limited
8% - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)
- Cartonage Limited
25.3% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (5.2%)
- Cartonage Limited
5.2% - Industry AVG
Employees
with 75 employees, this is below the industry average (99)
75 - Cartonage Limited
99 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Cartonage Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £179.3k, this is equally as efficient (£178.8k)
- Cartonage Limited
£178.8k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (64 days)
- Cartonage Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (61 days)
- Cartonage Limited
61 days - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is in line with average (42 days)
- Cartonage Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Cartonage Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.6%, this is a higher level of debt than the average (60.6%)
78.6% - Cartonage Limited
60.6% - Industry AVG
CARTONAGE LIMITED financials
Cartonage Limited's latest turnover from January 2023 is estimated at £13.4 million and the company has net assets of £1.3 million. According to their latest financial statements, Cartonage Limited has 75 employees and maintains cash reserves of £132.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,392,431 | 6,305,640 | 6,963,512 | 7,128,949 | 6,821,533 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 4,174,385 | 4,149,317 | 4,371,110 | |||||||||||
| Gross Profit | 2,218,046 | 2,156,323 | 2,450,423 | |||||||||||
| Admin Expenses | 1,770,826 | 1,709,108 | 1,377,443 | |||||||||||
| Operating Profit | 447,220 | 447,215 | 683,769 | 608,395 | 1,072,980 | |||||||||
| Interest Payable | 57,590 | 48,034 | 63,510 | 54,548 | 65,783 | |||||||||
| Interest Receivable | 428 | 856 | 15 | 0 | 1,009 | |||||||||
| Pre-Tax Profit | 390,058 | 400,037 | 620,274 | 718,296 | 1,008,206 | |||||||||
| Tax | -83,748 | -71,033 | -141,186 | -136,934 | -248,219 | |||||||||
| Profit After Tax | 306,310 | 329,004 | 479,088 | 581,362 | 759,987 | |||||||||
| Dividends Paid | 259,000 | 349,225 | 217,700 | 275,539 | 494,645 | |||||||||
| Retained Profit | 47,310 | -20,221 | 261,388 | 305,823 | 265,342 | |||||||||
| Employee Costs | 597,028 | 634,013 | 1,531,308 | 1,480,750 | 1,291,246 | |||||||||
| Number Of Employees | 75 | 75 | 68 | 63 | 58 | 58 | 58 | 56 | 60 | 64 | 61 | |||
| EBITDA* | 582,594 | 555,658 | 812,109 | 905,388 | 1,328,263 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 704,968 | 706,927 | 212,424 | 270,178 | 285,537 | 259,205 | 364,235 | 445,501 | 519,968 | 633,671 | 1,006,956 | 421,927 | 465,720 | 351,393 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600 | 700 | 800 | 900 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,579 | 0 | 0 | 2 | 2 | 2 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 269,392 | 269,392 | 304,868 | 378,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 704,968 | 706,927 | 212,424 | 539,570 | 554,929 | 564,073 | 742,893 | 458,080 | 519,968 | 633,671 | 1,007,558 | 422,629 | 466,522 | 352,293 |
| Stock & work in progress | 1,045,594 | 982,242 | 637,452 | 604,416 | 483,033 | 413,033 | 355,033 | 235,033 | 255,000 | 329,967 | 240,000 | 290,000 | 145,000 | 262,000 |
| Trade Debtors | 3,526,719 | 3,341,913 | 3,172,973 | 2,237,302 | 2,439,543 | 1,586,028 | 1,920,700 | 2,473,303 | 1,697,208 | 1,991,781 | 1,470,321 | 1,752,824 | 1,148,544 | 932,366 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 251,393 | 0 | 0 | 0 |
| Misc Debtors | 480,578 | 638,351 | 489,592 | 319,829 | 282,884 | 281,258 | 255,061 | 0 | 559,745 | 773,435 | 119,266 | 0 | 0 | 0 |
| Cash | 132,726 | 73,991 | 97,624 | 15,028 | 79,891 | 16,365 | 92,438 | 86,369 | 78,486 | 29,153 | 3,468 | 27,386 | 10,480 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,185,617 | 5,036,497 | 4,397,641 | 3,176,575 | 3,285,351 | 2,296,684 | 2,623,232 | 2,794,705 | 2,590,439 | 3,124,336 | 2,084,448 | 2,070,210 | 1,304,024 | 1,194,366 |
| total assets | 5,890,585 | 5,743,424 | 4,610,065 | 3,716,145 | 3,840,280 | 2,860,757 | 3,366,125 | 3,252,785 | 3,110,407 | 3,758,007 | 3,092,006 | 2,492,839 | 1,770,546 | 1,546,659 |
| Bank overdraft | 10,022 | 0 | 93 | 0 | 0 | 0 | 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 | 1,933,154 | 2,123,333 | 1,614,789 | 1,247,150 | 1,214,373 | 813,358 | 739,736 | 1,892,860 | 639,217 | 1,098,877 | 995,075 | 1,988,524 | 908,462 | 1,228,284 |
| Group/Directors Accounts | 0 | 0 | 100 | 100 | 0 | 0 | 0 | 0 | 100 | 100 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 5,779 | 4,419 | 56,809 | 0 | 106,392 | 111,766 | 104,600 | 0 | 0 | 0 |
| other current liabilities | 2,441,183 | 2,122,114 | 1,880,423 | 1,314,676 | 1,525,616 | 988,080 | 1,234,554 | 0 | 874,449 | 1,196,611 | 791,259 | 0 | 572,545 | 53,741 |
| total current liabilities | 4,384,359 | 4,245,447 | 3,495,405 | 2,561,926 | 2,745,768 | 1,805,857 | 2,031,099 | 1,892,860 | 1,620,158 | 2,407,354 | 1,890,934 | 1,988,524 | 1,481,007 | 1,282,025 |
| loans | 26,667 | 46,667 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 16,476 | 1,058 | 5,478 | 0 | 156,990 | 263,382 | 366,190 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 112,317 | 123,955 | 13,578 | 23,534 | 0 | 0 | 7,700 | 62,287 | 0 | 0 | 0 | 0 | 38,250 | 130,050 |
| provisions | 108,971 | 104,741 | 5,228 | 9,485 | 5,603 | 0 | 0 | 23,100 | 38,500 | 53,900 | 107,334 | 42,109 | 32,666 | 28,460 |
| total long term liabilities | 247,955 | 275,363 | 68,806 | 33,019 | 22,079 | 1,058 | 13,178 | 85,387 | 195,490 | 317,282 | 473,524 | 42,109 | 70,916 | 158,510 |
| total liabilities | 4,632,314 | 4,520,810 | 3,564,211 | 2,594,945 | 2,767,847 | 1,806,915 | 2,044,277 | 1,978,247 | 1,815,648 | 2,724,636 | 2,364,458 | 2,030,633 | 1,551,923 | 1,440,535 |
| net assets | 1,258,271 | 1,222,614 | 1,045,854 | 1,121,200 | 1,072,433 | 1,053,842 | 1,321,848 | 1,274,538 | 1,294,759 | 1,033,371 | 727,548 | 462,206 | 218,623 | 106,124 |
| total shareholders funds | 1,258,271 | 1,222,614 | 1,045,854 | 1,121,200 | 1,072,433 | 1,053,842 | 1,321,848 | 1,274,538 | 1,294,759 | 1,033,371 | 727,548 | 462,206 | 218,623 | 106,124 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 447,220 | 447,215 | 683,769 | 608,395 | 1,072,980 | |||||||||
| Depreciation | 147,538 | 120,413 | 60,633 | 60,037 | 63,948 | 101,051 | 135,374 | 108,443 | 128,340 | 296,993 | 255,183 | 99,522 | 63,531 | 33,413 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 | 100 |
| Tax | -83,748 | -71,033 | -141,186 | -136,934 | -248,219 | |||||||||
| Stock | 63,352 | 344,790 | 33,036 | 121,383 | 70,000 | 58,000 | 120,000 | -19,967 | -74,967 | 89,967 | -50,000 | 145,000 | -117,000 | 262,000 |
| Debtors | 27,033 | 317,699 | 836,042 | -165,296 | 819,665 | -382,265 | 81,116 | 216,350 | -508,263 | 924,236 | 88,156 | 604,280 | 216,178 | 932,366 |
| Creditors | -190,179 | 508,544 | 367,639 | 32,777 | 401,015 | 73,622 | -1,153,124 | 1,253,643 | -459,660 | 103,802 | -993,449 | 1,080,062 | -319,822 | 1,228,284 |
| Accruals and Deferred Income | 319,069 | 241,691 | 565,747 | -210,940 | 537,536 | -246,474 | 1,234,554 | -874,449 | -322,162 | 405,352 | 791,259 | -572,545 | 518,804 | 53,741 |
| Deferred Taxes & Provisions | 4,230 | 99,513 | -4,257 | 3,882 | 5,603 | 0 | -23,100 | -15,400 | -15,400 | -53,434 | 65,225 | 9,443 | 4,206 | 28,460 |
| Cash flow from operations | 356,060 | 652,036 | 456,931 | 209,971 | 904,923 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -33,976 | -17,167 | -17,894 | -72,933 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -12,579 | 12,579 | 0 | -2 | 0 | 0 | 2 | 0 |
| cash flow from investments | -46,555 | -17,167 | -17,892 | -72,933 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -100 | 0 | 100 | 0 | 0 | 0 | -100 | 0 | 100 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -20,000 | -3,333 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -22,255 | 16,778 | -56,810 | 62,287 | -263,382 | -111,766 | -95,642 | 470,790 | 0 | 0 | 0 |
| other long term liabilities | -11,638 | 110,377 | -9,956 | 23,534 | 0 | -7,700 | -54,587 | 62,287 | 0 | 0 | 0 | -38,250 | -91,800 | 130,050 |
| share issue | ||||||||||||||
| interest | -57,162 | -47,178 | -63,495 | -54,548 | -64,774 | |||||||||
| cash flow from financing | -49,462 | -248,373 | -175,261 | -150,090 | 406,016 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 58,735 | -23,633 | 82,596 | -64,863 | 63,526 | -76,073 | 6,069 | 7,883 | 49,333 | 25,685 | -23,918 | 16,906 | 10,480 | 0 |
| overdraft | 10,022 | -93 | 93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 48,713 | -23,540 | 82,503 | -64,863 | 63,526 | -76,073 | 6,069 | 7,883 | 49,333 | 25,685 | -23,918 | 16,906 | 10,480 | 0 |
cartonage limited Credit Report and Business Information
Cartonage Limited Competitor Analysis
Perform a competitor analysis for cartonage limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cartonage limited Ownership
CARTONAGE LIMITED group structure
Cartonage Limited has no subsidiary companies.
Ultimate parent company
CARTONAGE LIMITED
05668766
cartonage limited directors
Cartonage Limited currently has 5 directors. The longest serving directors include Ms Janet Webster (Jan 2006) and Mr Philip Webster (Jan 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Janet Webster | United Kingdom | 68 years | Jan 2006 | - | Director |
| Mr Philip Webster | United Kingdom | 70 years | Jan 2006 | - | Director |
| Mr Andrew Eastham | United Kingdom | 55 years | Oct 2011 | - | Director |
| Mr Alan Pounder | United Kingdom | 56 years | Oct 2011 | - | Director |
| Mr Philip Webster | United Kingdom | 39 years | Jan 2017 | - | Director |
P&L
January 2023turnover
13.4m
+7%
operating profit
44.4k
0%
gross margin
25.4%
+0.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
1.3m
+0.03%
total assets
5.9m
+0.03%
cash
132.7k
+0.79%
net assets
Total assets minus all liabilities
cartonage limited company details
company number
05668766
Type
Private limited with Share Capital
industry
17219 - Manufacture of paper and paperboard containers other than sacks and bags
incorporation date
January 2006
age
18
accounts
Total Exemption Full
ultimate parent company
previous names
pw packaging consulting limited (February 2006)
incorporated
UK
address
unit 7 adwalton business park, 132 wakefield road, leeds, BD11 1DR
last accounts submitted
January 2023
cartonage 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 3 charges/mortgages relating to cartonage limited. Currently there are 2 open charges and 1 have been satisfied in the past.
cartonage limited Companies House Filings - See Documents
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