mars wrigley confectionery uk limited

5

mars wrigley confectionery uk limited Company Information

Share MARS WRIGLEY CONFECTIONERY UK LIMITED
Live 
EstablishedMegaLow

Company Number

06649982

Registered Address

3d dundee road, slough, berkshire, SL1 4LG

Industry

Manufacture of cocoa, and chocolate confectionery

 

Telephone

01753550055

Next Accounts Due

September 2024

Group Structure

View All

Directors

Helen Kimberley4 Years

Adam Grant3 Years

View All

Shareholders

food manufacturers (g.b. company) 100%

mars wrigley confectionery uk limited Estimated Valuation

£1.3b

Pomanda estimates the enterprise value of MARS WRIGLEY CONFECTIONERY UK LIMITED at £1.3b based on a Turnover of £1.2b and 1.06x industry multiple (adjusted for size and gross margin).

mars wrigley confectionery uk limited Estimated Valuation

£1b

Pomanda estimates the enterprise value of MARS WRIGLEY CONFECTIONERY UK LIMITED at £1b based on an EBITDA of £136.9m and a 7.45x industry multiple (adjusted for size and gross margin).

mars wrigley confectionery uk limited Estimated Valuation

£2.2b

Pomanda estimates the enterprise value of MARS WRIGLEY CONFECTIONERY UK LIMITED at £2.2b based on Net Assets of £1.2b and 1.9x industry multiple (adjusted for liquidity).

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Mars Wrigley Confectionery Uk Limited Overview

Mars Wrigley Confectionery Uk Limited is a live company located in berkshire, SL1 4LG with a Companies House number of 06649982. It operates in the manufacture of cocoa and chocolate confectionery sector, SIC Code 10821. Founded in July 2008, it's largest shareholder is food manufacturers (g.b. company) with a 100% stake. Mars Wrigley Confectionery Uk Limited is a established, mega sized company, Pomanda has estimated its turnover at £1.2b with low growth in recent years.

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Mars Wrigley Confectionery Uk Limited Health Check

Pomanda's financial health check has awarded Mars Wrigley Confectionery Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.1b, make it larger than the average company (£15.8m)

£1.1b - Mars Wrigley Confectionery Uk Limited

£15.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (0%)

-2% - Mars Wrigley Confectionery Uk Limited

0% - Industry AVG

production

Production

with a gross margin of 25%, this company has a comparable cost of product (21.6%)

25% - Mars Wrigley Confectionery Uk Limited

21.6% - Industry AVG

profitability

Profitability

an operating margin of 11.7% make it more profitable than the average company (2.9%)

11.7% - Mars Wrigley Confectionery Uk Limited

2.9% - Industry AVG

employees

Employees

with 1543 employees, this is above the industry average (108)

1543 - Mars Wrigley Confectionery Uk Limited

108 - Industry AVG

paystructure

Pay Structure

on an average salary of £108k, the company has a higher pay structure (£34.6k)

£108k - Mars Wrigley Confectionery Uk Limited

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £734.5k, this is more efficient (£156.3k)

£734.5k - Mars Wrigley Confectionery Uk Limited

£156.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (53 days)

15 days - Mars Wrigley Confectionery Uk Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 88 days, this is slower than average (41 days)

88 days - Mars Wrigley Confectionery Uk Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 40 days, this is in line with average (48 days)

40 days - Mars Wrigley Confectionery Uk Limited

48 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)

1 weeks - Mars Wrigley Confectionery Uk Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.7%, this is a lower level of debt than the average (49.5%)

40.7% - Mars Wrigley Confectionery Uk Limited

49.5% - Industry AVG

MARS WRIGLEY CONFECTIONERY UK LIMITED financials

EXPORTms excel logo

Mars Wrigley Confectionery Uk Limited's latest turnover from December 2022 is £1.2 billion and the company has net assets of £1.2 billion. According to their latest financial statements, Mars Wrigley Confectionery Uk Limited has 1,625 employees and maintains cash reserves of £6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Jan 2022Jan 2021Dec 2019Dec 2018Dec 2017Dec 2016Jan 2016Dec 2014Dec 2013Dec 2012Dec 2011Jan 2011Jan 2010
Turnover1,231,950,0001,133,331,0001,047,227,0001,200,033,0001,110,676,000842,067,000884,939,000848,058,000827,976,000833,489,000818,461,000788,697,000743,651,000729,623,000
Other Income Or Grants00000000000000
Cost Of Sales955,656,000849,680,000842,637,000898,828,000858,365,000675,694,000656,450,000631,904,000626,336,000621,431,000608,193,000610,522,000572,765,000538,288,000
Gross Profit276,294,000283,651,000204,590,000301,205,000252,311,000166,373,000228,489,000216,154,000201,640,000212,058,000210,268,000178,175,000170,886,000191,335,000
Admin Expenses170,127,000150,545,000135,971,000144,115,000128,304,00081,342,00068,405,00067,382,000111,528,000117,844,000106,485,00082,280,00065,673,00054,270,000
Operating Profit106,167,000133,106,00068,619,000157,090,000124,007,00085,031,000160,084,000148,772,00090,112,00094,214,000103,783,00095,895,000105,213,000137,065,000
Interest Payable1,926,0003,138,0003,233,0001,960,0003,441,0003,613,00025,00070,715,0001,078,000929,000394,000538,000276,000313,000
Interest Receivable13,215,0001,671,0002,701,0005,241,0002,334,000423,0006,345,00074,456,0006,577,0006,204,0005,248,0004,487,0002,892,000878,000
Pre-Tax Profit117,456,000131,639,00068,087,000160,371,000122,900,00081,841,000169,337,000152,513,00095,611,00099,489,000108,637,00099,844,000107,829,000137,630,000
Tax-12,518,000-17,289,000-13,009,000-32,445,000-9,284,000-13,784,000-30,208,000-22,035,000-11,524,000-12,251,000-25,395,000-27,534,000-30,628,000-40,500,000
Profit After Tax104,938,000114,350,00055,078,000127,926,000113,616,00068,057,000139,129,000130,478,00084,087,00087,238,00083,242,00072,310,00077,201,00097,130,000
Dividends Paid115,000,000180,000,000000495,179,00000000000
Retained Profit-10,062,000-65,650,00055,078,000127,926,000113,616,000-427,122,000139,129,000130,478,00084,087,00087,238,00083,242,00072,310,00077,201,00097,130,000
Employee Costs213,043,000166,623,000171,863,000161,527,000146,123,000136,549,000131,437,000119,579,000157,290,000167,832,000145,021,000115,021,000103,153,000102,871,000
Number Of Employees1,6251,5431,5721,5261,5581,4041,3621,4101,4121,4031,3621,3611,2551,268
EBITDA*136,877,000162,295,000100,613,000192,097,000149,753,000101,201,000175,561,000164,675,000105,741,000108,661,000118,055,000105,132,000119,442,000155,728,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Jan 2022Jan 2021Dec 2019Dec 2018Dec 2017Dec 2016Jan 2016Dec 2014Dec 2013Dec 2012Dec 2011Jan 2011Jan 2010
Tangible Assets161,740,000158,221,000157,713,000161,303,000166,485,000134,814,00089,096,00087,008,00088,078,00091,565,00093,599,00094,135,00087,115,00082,330,000
Intangible Assets108,258,000112,378,000116,117,000114,207,000109,590,0004,509,000578,000453,000000000
Investments & Other0000000124,632,000000000
Debtors (Due After 1 year)610,680,000575,672,00065,641,00055,795,000166,959,00062,857,00000000127,00000
Total Fixed Assets880,678,000846,271,000339,471,000331,305,000443,034,000202,180,00089,674,000212,093,00088,078,00091,565,00093,599,00094,262,00087,115,00082,330,000
Stock & work in progress109,915,00093,609,00096,086,00084,259,00088,644,00061,674,00041,774,00039,351,00039,098,00036,000,00033,574,00038,538,00037,130,00027,524,000
Trade Debtors51,156,00049,667,00034,264,00043,878,00042,883,00034,103,00040,410,00034,169,00038,537,00044,486,00055,317,00046,421,00028,120,00023,199,000
Group Debtors899,057,000855,603,000941,840,000870,241,000690,950,000477,906,000908,883,000794,320,000635,240,000537,934,000439,461,000353,466,000318,677,000225,303,000
Misc Debtors40,779,00030,766,00030,458,00024,478,00019,517,00016,053,00033,006,00012,279,00016,174,00012,095,00013,875,00022,003,00013,977,00025,727,000
Cash5,967,00010,658,0004,164,0007,806,00039,618,0005,606,0003,512,0007,698,0007,288,0003,121,0007,506,0004,061,0003,413,0003,307,000
misc current assets00000000000000
total current assets1,106,874,0001,040,303,0001,106,812,0001,030,662,000881,612,000595,342,0001,027,585,000887,817,000736,337,000633,636,000549,733,000464,489,000401,317,000305,060,000
total assets1,987,552,0001,886,574,0001,446,283,0001,361,967,0001,324,646,000797,522,0001,117,259,0001,099,910,000824,415,000725,201,000643,332,000558,751,000488,432,000387,390,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 253,462,000207,128,000193,497,000200,176,000202,318,000168,045,000159,208,000137,845,000115,925,000105,574,00094,173,000101,841,00083,500,00064,067,000
Group/Directors Accounts46,507,00037,358,00044,808,00041,554,00025,994,00024,773,00013,981,00015,045,00017,018,00015,512,00012,088,00013,566,00046,646,00021,606,000
other short term finances0322,0002,324,0001,204,000310,000670,000112,0000000000
hp & lease commitments714,000378,0001,012,000684,000652,000625,00000000000
other current liabilities214,538,000192,588,000191,445,000185,285,000192,229,000125,120,000125,249,000130,667,000106,860,000109,654,000144,250,000137,181,000125,839,000146,929,000
total current liabilities515,221,000437,774,000433,086,000428,903,000421,503,000319,233,000298,550,000283,557,000239,803,000230,740,000250,511,000252,588,000255,985,000232,602,000
loans00000000000000
hp & lease commitments40,238,00041,339,00041,323,00042,276,00042,920,00043,543,00000000000
Accruals and Deferred Income026,795,00019,158,00018,504,00014,215,00012,104,0007,973,0005,424,0004,008,0005,290,0003,086,0001,736,0001,893,000525,000
other liabilities38,125,0000000000000000
provisions119,854,000108,733,0002,088,000973,00010,430,0000012,282,0002,108,0001,569,000148,000150,0001,062,0001,972,000
total long term liabilities321,998,000330,111,000216,750,000189,411,000175,917,000160,288,000137,080,00086,945,00032,002,00022,889,0007,623,0004,361,0002,955,0002,497,000
total liabilities837,219,000767,885,000649,836,000618,314,000597,420,000479,521,000435,630,000370,502,000271,805,000253,629,000258,134,000256,949,000258,940,000235,099,000
net assets1,150,333,0001,118,689,000796,447,000743,653,000727,226,000318,001,000681,629,000729,408,000552,610,000471,572,000385,198,000301,802,000229,492,000152,291,000
total shareholders funds1,150,333,0001,118,689,000796,447,000743,653,000727,226,000318,001,000681,629,000729,408,000552,610,000471,572,000385,198,000301,802,000229,492,000152,291,000
Dec 2022Jan 2022Jan 2021Dec 2019Dec 2018Dec 2017Dec 2016Jan 2016Dec 2014Dec 2013Dec 2012Dec 2011Jan 2011Jan 2010
Operating Activities
Operating Profit106,167,000133,106,00068,619,000157,090,000124,007,00085,031,000160,084,000148,772,00090,112,00094,214,000103,783,00095,895,000105,213,000137,065,000
Depreciation22,698,00021,788,00025,702,00030,397,00022,707,00015,889,00015,284,00015,815,00015,629,00014,447,00014,272,0009,237,00014,229,00018,663,000
Amortisation8,012,0007,401,0006,292,0004,610,0003,039,000281,000193,00088,000000000
Tax-12,518,000-17,289,000-13,009,000-32,445,000-9,284,000-13,784,000-30,208,000-22,035,000-11,524,000-12,251,000-25,395,000-27,534,000-30,628,000-40,500,000
Stock13,829,000-2,477,00096,086,000-4,385,00026,970,00019,900,00041,774,00039,351,0003,098,0002,426,000-4,964,00011,014,0009,606,00027,524,000
Debtors529,469,000439,505,0001,072,203,00074,083,000329,390,000-391,380,000982,299,000840,768,00095,436,00085,862,00086,636,000147,788,00086,545,000274,229,000
Creditors59,965,00013,631,000193,497,000-2,142,00034,273,0008,837,000159,208,000137,845,00010,351,00011,401,000-7,668,00037,774,00019,433,00064,067,000
Accruals and Deferred Income3,935,0008,780,000210,603,000-2,655,00069,220,0004,002,000133,222,000136,091,000-4,076,000-32,392,0008,419,000-8,537,000-19,722,000147,454,000
Deferred Taxes & Provisions117,766,000106,645,0002,088,000-9,457,00010,430,0000012,282,000539,0001,421,000-2,000-1,822,000-910,0001,972,000
Cash flow from operations-237,273,000-162,966,000-674,497,00075,700,000-101,968,000471,736,000-586,290,000-451,261,0002,497,000-11,448,00011,737,000-53,789,000-8,536,00026,968,000
Investing Activities
capital expenditure-26,878,000-25,958,000-305,824,000-34,442,000-162,498,000-65,819,000-105,151,000-103,364,000-12,142,000-12,413,000-13,736,000-21,042,000-19,014,000-100,993,000
Change in Investments0000000124,632,000000000
cash flow from investments-26,878,000-25,958,000-305,824,000-34,442,000-162,498,000-65,819,000-105,151,000-227,996,000-12,142,000-12,413,000-13,736,000-21,042,000-19,014,000-100,993,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts1,699,000-7,450,00044,808,00015,560,0001,221,00010,792,00013,981,00015,045,0001,506,0003,424,000-1,478,000-8,040,00025,040,00021,606,000
Other Short Term Loans -2,324,000-2,002,0002,324,000894,000-360,000558,000112,0000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments-1,383,000-618,00042,335,000-612,000-596,00044,168,00000000000
other long term liabilities38,125,0000000000000000
share issue363,948,000387,892,000741,369,000-111,499,000295,609,00063,494,000542,500,000598,930,000-3,049,000-864,000154,00077,201,000055,161,000
interest11,289,000-1,467,000-532,0003,281,000-1,107,000-3,190,0006,320,0003,741,0005,499,0005,275,0004,854,0003,949,0002,616,000565,000
cash flow from financing411,354,000376,355,000830,304,000-92,376,000294,767,000115,822,000562,913,000617,716,0003,956,0007,835,0003,530,00073,110,00027,656,00077,332,000
cash and cash equivalents
cash1,803,0006,494,0004,164,000-31,812,00034,012,0002,094,0003,512,0007,698,0004,167,000-4,385,0003,445,000754,000106,0003,307,000
overdraft00000000000000
change in cash1,803,0006,494,0004,164,000-31,812,00034,012,0002,094,0003,512,0007,698,0004,167,000-4,385,0003,445,000754,000106,0003,307,000

mars wrigley confectionery uk 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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Mars Wrigley Confectionery Uk Limited Competitor Analysis

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mars wrigley confectionery uk limited Ownership

MARS WRIGLEY CONFECTIONERY UK LIMITED group structure

Mars Wrigley Confectionery Uk Limited has 1 subsidiary company.

Ultimate parent company

MARS INCORPORATED

#0002142

2 parents

MARS WRIGLEY CONFECTIONERY UK LIMITED

06649982

1 subsidiary

MARS WRIGLEY CONFECTIONERY UK LIMITED Shareholders

food manufacturers (g.b. company) 100%

mars wrigley confectionery uk limited directors

Mars Wrigley Confectionery Uk Limited currently has 5 directors. The longest serving directors include Mrs Helen Kimberley (Dec 2019) and Mr Adam Grant (Apr 2021).

officercountryagestartendrole
Mrs Helen Kimberley43 years Dec 2019- Director
Mr Adam GrantUnited Kingdom51 years Apr 2021- Director
Mrs Kajal WoodEngland42 years May 2021- Director
Mr Timothy Friedman54 years Apr 2022- Director
Mr Koen Ter Mors45 years Sep 2022- Director

P&L

December 2022

turnover

1.2b

+18%

operating profit

106.2m

+55%

gross margin

22.5%

+14.8%

turnover

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

Balance Sheet

December 2022

net assets

1.2b

+0.44%

total assets

2b

+0.37%

cash

6m

+0.43%

net assets

Total assets minus all liabilities

mars wrigley confectionery uk limited company details

company number

06649982

Type

Private limited with Share Capital

industry

10821 - Manufacture of cocoa, and chocolate confectionery

incorporation date

July 2008

age

16

accounts

Full Accounts

ultimate parent company

MARS INCORPORATED

previous names

mars chocolate uk limited (February 2018)

3597th single member shelf trading company limited (July 2008)

incorporated

UK

address

3d dundee road, slough, berkshire, SL1 4LG

last accounts submitted

December 2022

mars wrigley confectionery uk 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 1 charges/mortgages relating to mars wrigley confectionery uk limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

mars wrigley confectionery uk limited Companies House Filings - See Documents

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