ineos technologies (vinyls) limited

2

ineos technologies (vinyls) limited Company Information

Share INEOS TECHNOLOGIES (VINYLS) LIMITED
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Company Number

07085219

Registered Address

bankes lane office bankes lane, runcorn, cheshire, WA7 4EL

Industry

Manufacture of other chemical products n.e.c.

 

Telephone

01928512587

Next Accounts Due

September 2024

Group Structure

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Directors

Anthony Moorcroft7 Years

Luc Castin7 Years

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Shareholders

ineos vinyls ltd 100%

ineos technologies (vinyls) limited Estimated Valuation

£445.8k

Pomanda estimates the enterprise value of INEOS TECHNOLOGIES (VINYLS) LIMITED at £445.8k based on a Turnover of £1.4m and 0.32x industry multiple (adjusted for size and gross margin).

ineos technologies (vinyls) limited Estimated Valuation

£781.2k

Pomanda estimates the enterprise value of INEOS TECHNOLOGIES (VINYLS) LIMITED at £781.2k based on an EBITDA of £402.4k and a 1.94x industry multiple (adjusted for size and gross margin).

ineos technologies (vinyls) limited Estimated Valuation

£5.5m

Pomanda estimates the enterprise value of INEOS TECHNOLOGIES (VINYLS) LIMITED at £5.5m based on Net Assets of £2.8m and 1.92x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2022 

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Ineos Technologies (vinyls) Limited Overview

Ineos Technologies (vinyls) Limited is a live company located in cheshire, WA7 4EL with a Companies House number of 07085219. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in November 2009, it's largest shareholder is ineos vinyls ltd with a 100% stake. Ineos Technologies (vinyls) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.

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Ineos Technologies (vinyls) Limited Health Check

Pomanda's financial health check has awarded Ineos Technologies (Vinyls) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

9 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£19.6m)

£1.4m - Ineos Technologies (vinyls) Limited

£19.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.5%)

-1% - Ineos Technologies (vinyls) Limited

4.5% - Industry AVG

production

Production

with a gross margin of 2.7%, this company has a higher cost of product (29.5%)

2.7% - Ineos Technologies (vinyls) Limited

29.5% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it less profitable than the average company (6%)

2.6% - Ineos Technologies (vinyls) Limited

6% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (54)

15 - Ineos Technologies (vinyls) Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £86.3k, the company has a higher pay structure (£50.5k)

£86.3k - Ineos Technologies (vinyls) Limited

£50.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.1k, this is less efficient (£332.8k)

£92.1k - Ineos Technologies (vinyls) Limited

£332.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (52 days)

69 days - Ineos Technologies (vinyls) Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (42 days)

3 days - Ineos Technologies (vinyls) Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ineos Technologies (vinyls) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (12 weeks)

54 weeks - Ineos Technologies (vinyls) Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (41.4%)

17.7% - Ineos Technologies (vinyls) Limited

41.4% - Industry AVG

ineos technologies (vinyls) 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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Ineos Technologies (vinyls) Limited Competitor Analysis

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Perform a competitor analysis for ineos technologies (vinyls) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ineos technologies (vinyls) limited Ownership

INEOS TECHNOLOGIES (VINYLS) LIMITED group structure

Ineos Technologies (Vinyls) Limited has no subsidiary companies.

Ultimate parent company

INEOS LTD

#0101593

2 parents

INEOS TECHNOLOGIES (VINYLS) LIMITED

07085219

INEOS TECHNOLOGIES (VINYLS) LIMITED Shareholders

ineos vinyls ltd 100%

ineos technologies (vinyls) limited directors

Ineos Technologies (Vinyls) Limited currently has 5 directors. The longest serving directors include Mr Anthony Moorcroft (Feb 2017) and Mr Luc Castin (Feb 2017).

officercountryagestartendrole
Mr Anthony MoorcroftUnited Kingdom64 years Feb 2017- Director
Mr Luc CastinUnited Kingdom61 years Feb 2017- Director
Mr David HorrocksUnited Kingdom64 years Mar 2021- Director
Mr Nigel BouckleyUnited Kingdom57 years Jul 2021- Director
Mr Paul DanielsUnited Kingdom57 years Jan 2022- Director

INEOS TECHNOLOGIES (VINYLS) LIMITED financials

EXPORTms excel logo

Ineos Technologies (Vinyls) Limited's latest turnover from December 2022 is £1.4 million and the company has net assets of £2.8 million. According to their latest financial statements, Ineos Technologies (Vinyls) Limited has 15 employees and maintains cash reserves of £566.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Turnover1,381,220774,5561,158,5741,419,9374,568,7375,743,9413,294,8492,628,9561,784,8871,296,5693,582,69310,345,55715,229,693
Other Income Or Grants0000000000000
Cost Of Sales1,344,007312,419929,300841,0663,365,9564,605,3962,288,6321,527,1751,202,554521,2942,570,7278,725,1007,899,829
Gross Profit37,213462,138229,274578,8711,202,7811,138,5461,006,2171,101,781582,334775,2751,011,9661,620,4577,329,864
Admin Expenses865661,186477,727887,8861,126,864-340,192-287,744-764,049-191,53845,604-920,834717,9455,937,068
Operating Profit36,348-199,048-248,453-309,01575,9171,478,7381,293,9611,865,830773,872729,6711,932,800902,5121,392,796
Interest Payable33,75214,71236,61426,39022,86791,44982,593176,248160,66844,90387,963187,007393,528
Interest Receivable28,55997,793059,589000001,403000
Pre-Tax Profit31,155-115,967-285,067-275,815119,8211,224,5081,228,2421,774,476613,204686,1711,844,837715,505999,268
Tax-399,827295,976284,195-84,277198,482-108,825-307,282-824,029-505,858-538,834-858,230-620,376-715,505
Profit After Tax-368,672180,009-872-360,092318,3021,115,684920,959950,448107,346147,337986,60795,130283,763
Dividends Paid0000000000000
Retained Profit-368,672180,009-872-360,092318,3021,115,684920,959950,448107,346147,337986,60795,130283,763
Employee Costs1,293,8121,168,3251,154,2151,181,5781,404,0061,481,4811,619,0052,158,3461,659,3001,396,1971,142,7211,261,8911,233,434
Number Of Employees15161617201919202121222122
EBITDA*402,423174,81673,22889,385279,8873,647,0053,387,2113,966,0422,299,8662,254,9633,652,4292,660,3792,884,787

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Tangible Assets2,155,7771,606,2311,012,118957,6911,080,2161,116,5981,215,8081,350,9271,041,88594,716272,60498,381813
Intangible Assets0000001,915,6313,980,8064,540,0976,054,1648,547,42810,523,62012,276,608
Investments & Other177,412823,885287,6810000000000
Debtors (Due After 1 year)1,379,4890026,389000000000
Total Fixed Assets2,155,7761,606,2311,012,117931,3011,080,2151,116,5983,131,4395,331,7345,581,9836,148,8818,820,03310,622,00212,277,421
Stock & work in progress0000000000001,540,776
Trade Debtors264,820009,3641,305,223578,8751,804,618651,472296,078464,4642,546,1612,235,9542,283,112
Group Debtors397,2302,924,2752,538,5755,397,1224,266,8983,714,6772,111,0121,394,297942,95912,979,72314,037,5628,374,6644,373,526
Misc Debtors75,29245,00250,56283,425846,9772,105,166786,8561,280,797456,745286,255184,6421,693,633794,373
Cash566,854349,632550,082234,9531,483,5812,283,4931,396,0921,210,6671,047,499788,6062,124,5743,534,4343,215,709
misc current assets0000000000000
total current assets1,304,1973,318,9103,139,2215,724,8667,902,6808,682,2136,098,5794,537,2342,743,28214,519,04918,892,93915,838,68612,207,497
total assets3,459,9734,925,1414,151,3386,656,1678,982,8959,798,8119,230,0189,868,9678,325,26520,667,93027,712,97226,460,68824,484,917
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 12,9815,1931,7440106,1014,5727,993021,048159,265127,58512,1961,161,883
Group/Directors Accounts010014,695,9304,728,2424,719,0183,623,0973,033,0464,452,0172,470,120759,411
other short term finances0000000000000
hp & lease commitments205,971212,02978,458153,230000000000
other current liabilities317,611471,656389,6773,014,3854,431,536744,398760,213665,313538,132474,2863,738,8062,866,8992,307,504
total current liabilities536,564688,879469,8813,167,6174,537,6385,444,9025,496,4485,384,3314,182,2773,666,5978,318,4095,349,2154,228,799
loans91,734342,70880,20200001,375,8422,174,98015,145,58317,483,16019,472,31418,718,595
hp & lease commitments45,867171,35440,1010000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions58,848373,864109,842401,8041,479,92200000000
total long term liabilities75,292358,28695,022200,902739,961943,7593,375,6663,611,7013,915,66716,419,00018,481,65520,558,58219,650,378
total liabilities611,8561,047,165564,9033,368,5195,277,5996,388,6608,872,1148,996,0328,097,94420,085,59626,800,06325,907,79723,879,177
net assets2,848,1173,877,9753,586,4353,287,6483,705,2963,410,151357,904872,935227,321582,334912,909552,890605,740
total shareholders funds2,848,1183,877,9753,586,4353,287,6483,705,2963,410,151357,904872,935227,321582,334912,909552,890605,740
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Operating Activities
Operating Profit36,348-199,048-248,453-309,01575,9171,478,7381,293,9611,865,830773,872729,6711,932,800902,5121,392,796
Depreciation366,075373,864321,681398,400203,970195,702177,620109,80911,92711,92710,3024,878813
Amortisation000001,972,5651,915,6301,990,4031,514,0671,513,3651,709,3271,752,9881,491,178
Tax-399,827295,976284,195-84,277198,482-108,825-307,282-824,029-505,858-538,834-858,230-620,376-715,505
Stock00000000000-1,540,7761,540,776
Debtors-852,445380,140-2,927,164-902,79720,3791,696,2331,375,9201,630,783-12,034,659-3,037,9234,464,1134,853,2407,451,012
Creditors7,7893,4491,744-106,101101,528-3,4207,993-21,048-138,21731,679115,389-1,149,6871,161,883
Accruals and Deferred Income-154,04581,979-2,624,708-1,417,1513,687,138-15,81594,900127,18163,846-3,264,520871,907559,3952,307,504
Deferred Taxes & Provisions-315,016264,022-291,962-1,078,1181,479,92200000000
Cash flow from operations393,769440,102369,661-1,693,4655,726,5781,822,7121,806,9021,617,36313,754,2961,521,211-682,618-1,862,754-3,353,119
Investing Activities
capital expenditure-915,621-967,977-376,108-275,875-167,588-153,426107,045-1,849,964-959,0961,145,86082,339-102,446-13,769,412
Change in Investments-646,473536,204287,6810000000000
cash flow from investments-269,148-1,504,181-663,789-275,875-167,588-153,426107,045-1,849,964-959,0961,145,86082,339-102,446-13,769,412
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000-4,695,930-32,3119,2231,095,921590,051-1,418,9711,981,8971,710,708759,411
Other Short Term Loans 0000000000000
Long term loans-250,974262,50680,202000-1,375,842-799,138-12,970,603-2,337,577-1,989,154753,71918,718,595
Hire Purchase and Lease Commitments-131,545264,824-34,671153,230000000000
other long term liabilities0000000000000
share issue-661,185111,531299,659-57,556-23,1571,936,563-1,435,990-304,833-462,359-477,913-626,588-147,980321,977
interest-5,19383,081-36,61433,199-22,867-91,449-82,593-176,248-160,668-43,500-87,963-187,007-393,528
cash flow from financing-1,048,897721,942308,576128,873-4,741,9541,812,803-2,885,202-184,298-13,003,579-4,277,961-721,8082,129,44019,406,455
cash and cash equivalents
cash217,222-200,450315,129-1,248,628-799,912887,401185,425163,168258,893-1,335,968-1,409,860318,7253,215,709
overdraft0000000000000
change in cash217,222-200,450315,129-1,248,628-799,912887,401185,425163,168258,893-1,335,968-1,409,860318,7253,215,709

P&L

December 2022

turnover

1.4m

+78%

operating profit

36.3k

-118%

gross margin

2.7%

-95.48%

turnover

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

Balance Sheet

December 2022

net assets

2.8m

-0.27%

total assets

3.5m

-0.3%

cash

566.9k

+0.62%

net assets

Total assets minus all liabilities

ineos technologies (vinyls) limited company details

company number

07085219

Type

Private limited with Share Capital

industry

20590 - Manufacture of other chemical products n.e.c.

incorporation date

November 2009

age

15

accounts

Full Accounts

ultimate parent company

INEOS LTD

previous names

N/A

incorporated

UK

address

bankes lane office bankes lane, runcorn, cheshire, WA7 4EL

last accounts submitted

December 2022

ineos technologies (vinyls) 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 ineos technologies (vinyls) limited.

charges

ineos technologies (vinyls) limited Companies House Filings - See Documents

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