integrated plastic manufacturing limited
integrated plastic manufacturing limited Company Information
Company Number
06516876
Website
www.newearthsolutions.co.ukRegistered Address
the mrf station road, caythorpe, grantham, lincolnshire, NG32 3EW
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
dm holdco limited 100%
integrated plastic manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of INTEGRATED PLASTIC MANUFACTURING LIMITED at £0 based on a Turnover of £1.5m and -0.64x industry multiple (adjusted for size and gross margin).
integrated plastic manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of INTEGRATED PLASTIC MANUFACTURING LIMITED at £9.7m based on an EBITDA of £-2.3m and a -4.2x industry multiple (adjusted for size and gross margin).
integrated plastic manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of INTEGRATED PLASTIC MANUFACTURING LIMITED at £0 based on Net Assets of £-3.9m and 2.08x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Integrated Plastic Manufacturing Limited Overview
Integrated Plastic Manufacturing Limited is a live company located in grantham, NG32 3EW with a Companies House number of 06516876. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2008, it's largest shareholder is dm holdco limited with a 100% stake. Integrated Plastic Manufacturing Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with unknown growth in recent years.
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Integrated Plastic Manufacturing Limited Health Check
Pomanda's financial health check has awarded Integrated Plastic Manufacturing Limited a 2 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
3 Regular
6 Weak
Size
annual sales of £1.5m, make it larger than the average company (£1.1m)
£1.5m - Integrated Plastic Manufacturing Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Integrated Plastic Manufacturing Limited
- - Industry AVG
Production
with a gross margin of -131.1%, this company has a higher cost of product (42.5%)
-131.1% - Integrated Plastic Manufacturing Limited
42.5% - Industry AVG
Profitability
an operating margin of -202.3% make it less profitable than the average company (6.5%)
-202.3% - Integrated Plastic Manufacturing Limited
6.5% - Industry AVG
Employees
with 13 employees, this is similar to the industry average (15)
13 - Integrated Plastic Manufacturing Limited
15 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£33.4k)
£40.1k - Integrated Plastic Manufacturing Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £114k, this is equally as efficient (£100.4k)
£114k - Integrated Plastic Manufacturing Limited
£100.4k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (30 days)
191 days - Integrated Plastic Manufacturing Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 1640 days, this is slower than average (41 days)
1640 days - Integrated Plastic Manufacturing Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 123 days, this is more than average (39 days)
123 days - Integrated Plastic Manufacturing Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (40 weeks)
0 weeks - Integrated Plastic Manufacturing Limited
40 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 (46.4%)
132.3% - Integrated Plastic Manufacturing Limited
46.4% - Industry AVG
INTEGRATED PLASTIC MANUFACTURING LIMITED financials
Integrated Plastic Manufacturing Limited's latest turnover from December 2023 is £1.5 million and the company has net assets of -£3.9 million. According to their latest financial statements, Integrated Plastic Manufacturing Limited has 13 employees and maintains cash reserves of £72.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,482,169 | 2,952,929 | 1,460,496 | 0 | 8,960 | 0 | 1,696,363 | 6,235,384 | 4,665,570 | 4,478,200 | 4,466,289 | 3,754,525 | 1,117,108 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 3,424,638 | 4,428,951 | 1,596,654 | 91,995 | 136,745 | 0 | 2,354,452 | 6,117,412 | 3,439,106 | 3,259,106 | 3,370,106 | 3,217,218 | 1,072,510 | |
| Gross Profit | -1,942,469 | -1,476,022 | -136,158 | -91,995 | -127,785 | 0 | -658,089 | 117,972 | 1,226,464 | 1,219,094 | 1,096,183 | 537,307 | 44,598 | |
| Admin Expenses | 1,056,530 | 1,233,046 | -84,755 | 97,428 | 217,708 | 307,718 | 0 | 86,800 | 3,125,158 | 29,767 | 24,476 | 30,723 | 14,482 | |
| Operating Profit | -2,998,999 | -2,709,068 | -51,403 | -189,423 | -345,493 | -307,718 | -658,089 | 31,172 | -1,898,694 | 1,189,327 | 1,071,707 | 506,584 | 30,116 | |
| Interest Payable | 51,367 | 24,899 | 7,849 | 5,588 | 12,527 | 25,096 | 76,351 | 2,066,805 | 1,500,769 | 1,488,388 | 1,490,228 | 1,322,597 | 361,665 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32 | 3,583 | 0 | 504 | |
| Pre-Tax Profit | -3,050,366 | -2,733,967 | -59,252 | -195,011 | -358,020 | 1,409,186 | -1,392,148 | -8,024,074 | -3,399,463 | -299,029 | -414,938 | -816,013 | -331,045 | |
| Tax | 788,294 | 807,867 | 362,236 | 320,536 | 275,641 | -568,356 | 624,146 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -2,262,072 | -1,926,100 | 302,984 | 125,525 | -82,379 | 840,830 | -768,002 | -8,024,074 | -3,399,463 | -299,029 | -414,938 | -816,013 | -331,045 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 1,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -2,262,072 | -1,926,100 | 302,984 | 125,525 | -1,582,379 | 840,830 | -768,002 | -8,024,074 | -3,399,463 | -299,029 | -414,938 | -816,013 | -331,045 | |
| Employee Costs | 520,744 | 685,010 | 526,476 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | 13 | 18 | ||||||||||||
| EBITDA* | -2,317,643 | -2,205,147 | -43,258 | -181,278 | -337,348 | -307,718 | -315,797 | 842,732 | -1,201,588 | 1,886,432 | 1,768,813 | 1,203,690 | 262,485 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,986,097 | 9,663,995 | 8,198,877 | 5,671,793 | 23,078 | 0 | 0 | 1,000,000 | 7,800,001 | 11,618,432 | 12,315,537 | 13,012,643 | 13,709,749 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 55,790 | 55,790 | 55,790 | 624,146 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,986,097 | 9,663,995 | 8,198,877 | 5,727,583 | 78,868 | 55,790 | 624,146 | 1,000,000 | 7,800,001 | 11,618,432 | 12,315,537 | 13,012,643 | 13,709,749 | 0 |
| Stock & work in progress | 1,155,137 | 1,160,577 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 776,204 | 61,186 | 357,517 | 0 | 0 | 0 | 0 | 374,259 | 668,004 | 597,126 | 228,252 | 145,306 | 174,865 | 0 |
| Group Debtors | 859,349 | 236,148 | 645,446 | 320,534 | 1,785,526 | 1,808,602 | 0 | 0 | 0 | 0 | 0 | 0 | 34,921 | 0 |
| Misc Debtors | 309,064 | 906,809 | 210,587 | 64,662 | 59,412 | 0 | 0 | 0 | 0 | 0 | 101,167 | 0 | 0 | 0 |
| Cash | 72,910 | 6,355 | 42,506 | 174,038 | 14,225 | 48 | 1,028,220 | 1,000,000 | 1,000,000 | 1,000,051 | 1,000,249 | 1,000,000 | 1,001,972 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,172,664 | 2,371,075 | 2,256,056 | 559,234 | 1,859,163 | 1,808,650 | 1,028,220 | 1,374,259 | 1,668,004 | 1,597,177 | 1,329,668 | 1,145,306 | 1,211,758 | 0 |
| total assets | 12,158,761 | 12,035,070 | 10,454,933 | 6,286,817 | 1,938,031 | 1,864,440 | 1,652,366 | 2,374,259 | 9,468,005 | 13,215,609 | 13,645,205 | 14,157,949 | 14,921,507 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,431,077 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,391,588 | 12,701,566 | 495,981 | 601,249 | 94,248 | 0 | 0 | 0 | 0 | 0 | 0 | 2,326 | 20,516 | 0 |
| Group/Directors Accounts | 0 | 0 | 9,029,260 | 5,390,774 | 1,881,770 | 356,733 | 991,517 | 547,380 | 1,424,819 | 1,458,675 | 1,157,885 | 949,238 | 630,577 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 7,201 | 8,407 | 8,159 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,076 | 38,413 | 299,628 | 321,708 | 106,294 | 93,375 | 87,347 | 117,278 | 111,671 | 4,700 | 48,190 | 8,100 | 155,854 | 0 |
| total current liabilities | 15,394,664 | 12,739,979 | 9,832,070 | 6,322,138 | 2,090,471 | 450,108 | 1,078,864 | 6,095,735 | 1,536,490 | 1,463,375 | 1,206,075 | 959,704 | 806,947 | 0 |
| loans | 691,807 | 960,729 | 362,401 | 0 | 0 | 0 | 0 | 0 | 13,192,721 | 13,613,977 | 14,001,844 | 14,346,021 | 14,446,323 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 7,201 | 15,607 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 691,807 | 960,729 | 362,401 | 7,201 | 15,607 | 0 | 0 | 0 | 13,192,721 | 13,613,977 | 14,001,844 | 14,346,021 | 14,446,323 | 0 |
| total liabilities | 16,086,471 | 13,700,708 | 10,194,471 | 6,329,339 | 2,106,078 | 450,108 | 1,078,864 | 6,095,735 | 14,729,211 | 15,077,352 | 15,207,919 | 15,305,725 | 15,253,270 | 0 |
| net assets | -3,927,710 | -1,665,638 | 260,462 | -42,522 | -168,047 | 1,414,332 | 573,502 | -3,721,476 | -5,261,206 | -1,861,743 | -1,562,714 | -1,147,776 | -331,763 | 0 |
| total shareholders funds | -3,927,710 | -1,665,638 | 260,462 | -42,522 | -168,047 | 1,414,332 | 573,502 | -3,721,476 | -5,261,206 | -1,861,743 | -1,562,714 | -1,147,776 | -331,763 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -2,998,999 | -2,709,068 | -51,403 | -189,423 | -345,493 | -307,718 | -658,089 | 31,172 | -1,898,694 | 1,189,327 | 1,071,707 | 506,584 | 30,116 | |
| Depreciation | 681,356 | 503,921 | 8,145 | 8,145 | 8,145 | 0 | 342,292 | 811,560 | 697,106 | 697,105 | 697,106 | 697,106 | 232,369 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 788,294 | 807,867 | 362,236 | 320,536 | 275,641 | -568,356 | 624,146 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | -5,440 | 160,577 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 740,474 | -9,407 | 828,354 | -1,459,742 | 36,336 | 1,808,602 | -374,259 | -293,745 | 70,878 | 267,707 | 184,113 | -64,480 | 209,786 | 0 |
| Creditors | 2,690,022 | 12,205,585 | -105,268 | 507,001 | 94,248 | 0 | 0 | 0 | 0 | 0 | -2,326 | -18,190 | 20,516 | 0 |
| Accruals and Deferred Income | -35,337 | -261,215 | -22,080 | 215,414 | 12,919 | 6,028 | -29,931 | 5,607 | 106,971 | -43,490 | 40,090 | -147,754 | 155,854 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 390,302 | 10,395,920 | -1,636,724 | 2,321,415 | 9,124 | -2,678,648 | 652,677 | 1,142,084 | -1,165,495 | 1,575,235 | 1,622,464 | 1,102,226 | 229,069 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -55,790 | 0 | 0 | -568,356 | 624,146 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -5,431,077 | 5,431,077 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -9,029,260 | 3,638,486 | 3,509,004 | 1,525,037 | -634,784 | 444,137 | -877,439 | -33,856 | 300,790 | 208,647 | 318,661 | 630,577 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -268,922 | 598,328 | 362,401 | 0 | 0 | 0 | 0 | -13,192,721 | -421,256 | -387,867 | -344,177 | -100,302 | 14,446,323 | 0 |
| Hire Purchase and Lease Commitments | 0 | -7,201 | -8,407 | -8,158 | 23,766 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -51,367 | -24,899 | -7,849 | -5,588 | -12,527 | -25,096 | -76,351 | -2,066,805 | -1,500,769 | -1,488,356 | -1,486,645 | -1,322,597 | -361,161 | |
| cash flow from financing | -320,289 | -8,463,032 | 3,984,631 | 3,495,258 | 1,536,276 | -659,880 | -311 | -1,142,084 | -1,955,881 | -1,575,433 | -1,622,175 | -1,104,238 | 14,715,021 | |
| cash and cash equivalents | ||||||||||||||
| cash | 66,555 | -36,151 | -131,532 | 159,813 | 14,177 | -1,028,172 | 28,220 | 0 | -51 | -198 | 249 | -1,972 | 1,001,972 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40 | 40 | 0 | 0 |
| change in cash | 66,555 | -36,151 | -131,532 | 159,813 | 14,177 | -1,028,172 | 28,220 | 0 | -51 | -198 | 289 | -2,012 | 1,001,972 | 0 |
integrated plastic manufacturing limited Credit Report and Business Information
Integrated Plastic Manufacturing Limited Competitor Analysis
Perform a competitor analysis for integrated plastic manufacturing limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in NG32 area or any other competitors across 12 key performance metrics.
integrated plastic manufacturing limited Ownership
INTEGRATED PLASTIC MANUFACTURING LIMITED group structure
Integrated Plastic Manufacturing Limited has no subsidiary companies.
Ultimate parent company
MACQUARIE EUROPEAN INFRASTRUCTURE FUND 6
#0127467
2 parents
INTEGRATED PLASTIC MANUFACTURING LIMITED
06516876
integrated plastic manufacturing limited directors
Integrated Plastic Manufacturing Limited currently has 6 directors. The longest serving directors include Mr Michael Jones (Feb 2008) and Mr Brian McCabe (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Jones | 62 years | Feb 2008 | - | Director | |
| Mr Brian McCabe | Ireland | 52 years | Oct 2016 | - | Director |
| Mr Brendan Traynor | England | 47 years | Aug 2021 | - | Director |
| Mr Andrew Crossley | England | 48 years | Dec 2022 | - | Director |
| Mr Mowbray Mountain | England | 51 years | Dec 2022 | - | Director |
| Mr Wayne Fisher | United Kingdom | 58 years | Aug 2024 | - | Director |
P&L
December 2023turnover
1.5m
-50%
operating profit
-3m
+11%
gross margin
-131%
+162.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.9m
+1.36%
total assets
12.2m
+0.01%
cash
72.9k
+10.47%
net assets
Total assets minus all liabilities
integrated plastic manufacturing limited company details
company number
06516876
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
February 2008
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
new earth solutions (leicestershire) limited (April 2021)
accountant
-
auditor
FLD CHARTERED ACCOUNTANTS LIMITED
address
the mrf station road, caythorpe, grantham, lincolnshire, NG32 3EW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
integrated plastic manufacturing 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 9 charges/mortgages relating to integrated plastic manufacturing limited. Currently there are 1 open charges and 8 have been satisfied in the past.
integrated plastic manufacturing limited Companies House Filings - See Documents
| date | description | view/download |
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