ecorrugated limited
ecorrugated limited Company Information
Group Structure
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Industry
Manufacture of paper and paperboard containers other than sacks and bags
+1Registered Address
units 13-14, valad industrial estate, ellesmere port, CH66 1ST
Website
www.ecorrugated.comecorrugated limited Estimated Valuation
Pomanda estimates the enterprise value of ECORRUGATED LIMITED at £7.6m based on a Turnover of £17m and 0.44x industry multiple (adjusted for size and gross margin).
ecorrugated limited Estimated Valuation
Pomanda estimates the enterprise value of ECORRUGATED LIMITED at £588.8k based on an EBITDA of £172.6k and a 3.41x industry multiple (adjusted for size and gross margin).
ecorrugated limited Estimated Valuation
Pomanda estimates the enterprise value of ECORRUGATED LIMITED at £3.5m based on Net Assets of £2.2m and 1.59x industry multiple (adjusted for liquidity).
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Ecorrugated Limited Overview
Ecorrugated Limited is a live company located in ellesmere port, CH66 1ST with a Companies House number of 07564536. It operates in the manufacture of corrugated paper and paperboard, sacks and bags sector, SIC Code 17211. Founded in March 2011, it's largest shareholder is stora enso oyj with a 100% stake. Ecorrugated Limited is a established, mid sized company, Pomanda has estimated its turnover at £17m with healthy growth in recent years.
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Ecorrugated Limited Health Check
Pomanda's financial health check has awarded Ecorrugated Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £17m, make it smaller than the average company (£24.8m)
£17m - Ecorrugated Limited
£24.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (10.4%)
11% - Ecorrugated Limited
10.4% - Industry AVG
Production
with a gross margin of 13.2%, this company has a higher cost of product (25.9%)
13.2% - Ecorrugated Limited
25.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5%)
0% - Ecorrugated Limited
5% - Industry AVG
Employees
with 43 employees, this is below the industry average (110)
43 - Ecorrugated Limited
110 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£36.8k)
£39.7k - Ecorrugated Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £396.1k, this is more efficient (£195.3k)
£396.1k - Ecorrugated Limited
£195.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (61 days)
62 days - Ecorrugated Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (50 days)
55 days - Ecorrugated Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (38 days)
2 days - Ecorrugated Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (9 weeks)
28 weeks - Ecorrugated Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a similar level of debt than the average (57.8%)
58.1% - Ecorrugated Limited
57.8% - Industry AVG
ECORRUGATED LIMITED financials
Ecorrugated Limited's latest turnover from December 2023 is £17 million and the company has net assets of £2.2 million. According to their latest financial statements, Ecorrugated Limited has 43 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,030,316 | 20,120,935 | 22,155,774 | 15,486,293 | 12,316,355 | 12,675,852 | 10,297,287 | ||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 14,788,548 | 17,504,795 | 17,920,768 | 12,700,332 | 10,342,390 | 10,705,358 | 8,732,543 | ||||||
| Gross Profit | 2,241,768 | 2,616,140 | 4,235,006 | 2,785,961 | 1,973,965 | 1,970,494 | 1,564,744 | ||||||
| Admin Expenses | 2,243,530 | 1,717,434 | 1,862,875 | 1,543,408 | 1,419,411 | 1,355,342 | 1,105,910 | ||||||
| Operating Profit | -1,762 | 898,706 | 2,372,131 | 1,242,553 | 554,554 | 615,152 | 458,834 | ||||||
| Interest Payable | 9,807 | 22,978 | 58,241 | 82,243 | 108,858 | 130,803 | |||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | -1,762 | 888,899 | 2,349,153 | 1,184,312 | 472,311 | 506,294 | 328,031 | ||||||
| Tax | 5,304 | -153,882 | -476,301 | -235,629 | -6,794 | -158,947 | 88,419 | ||||||
| Profit After Tax | 3,542 | 735,017 | 1,872,852 | 948,683 | 465,517 | 347,347 | 416,450 | ||||||
| Dividends Paid | 159,000 | ||||||||||||
| Retained Profit | 3,542 | 735,017 | 1,872,852 | 948,683 | 465,517 | 188,347 | 416,450 | ||||||
| Employee Costs | 1,706,792 | 1,595,456 | 1,766,807 | 1,385,759 | 1,079,472 | 324,349 | 299,094 | ||||||
| Number Of Employees | 43 | 46 | 46 | 38 | 36 | 35 | 31 | 27 | |||||
| EBITDA* | 172,588 | 1,120,389 | 2,634,720 | 1,498,289 | 807,564 | 874,754 | 706,557 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 460,715 | 635,065 | 856,748 | 1,010,714 | 1,251,922 | 1,502,010 | 1,751,788 | 1,727,070 | 1,383,652 | 735,323 | 782,750 | 866,640 | 23,645 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 460,715 | 635,065 | 856,748 | 1,010,714 | 1,251,922 | 1,502,010 | 1,751,788 | 1,727,070 | 1,383,652 | 735,323 | 782,750 | 866,640 | 23,645 |
| Stock & work in progress | 88,865 | 169,303 | 201,472 | 116,835 | 134,505 | 99,500 | 82,420 | 45,044 | 42,554 | 61,636 | 34,831 | 70,552 | 13,235 |
| Trade Debtors | 2,897,185 | 4,458,192 | 4,853,456 | 3,518,353 | 2,863,936 | 2,655,464 | 2,516,380 | 1,375,786 | 1,447,423 | 1,305,314 | 1,221,200 | 928,781 | 395,357 |
| Group Debtors | 28,026 | 28,026 | 28,026 | 28,026 | |||||||||
| Misc Debtors | 169,565 | 797,994 | 2,677,353 | 763,154 | 128,958 | 269,790 | 234,030 | 138,590 | 76,081 | ||||
| Cash | 1,654,515 | 3,013,169 | 387,073 | 580,659 | 394,430 | 781,464 | 1,051,399 | 274,031 | 125,520 | 69,261 | 96,363 | 79,652 | 142,202 |
| misc current assets | |||||||||||||
| total current assets | 4,838,156 | 8,466,684 | 8,147,380 | 5,007,027 | 3,521,829 | 3,806,218 | 3,884,229 | 1,833,451 | 1,691,578 | 1,436,211 | 1,352,394 | 1,078,985 | 550,794 |
| total assets | 5,298,871 | 9,101,749 | 9,004,128 | 6,017,741 | 4,773,751 | 5,308,228 | 5,636,017 | 3,560,521 | 3,075,230 | 2,171,534 | 2,135,144 | 1,945,625 | 574,439 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 2,249,380 | 3,307,741 | 3,498,835 | 2,629,060 | 2,117,035 | 3,084,354 | 2,780,589 | 1,728,876 | 659,984 | 1,909,769 | 839,184 | 1,257,960 | 452,313 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | 258,128 | 1,010,887 | 866,869 | ||||||||||
| hp & lease commitments | 34,042 | 208,419 | 232,300 | 212,713 | 193,126 | 202,464 | 270,115 | 102,465 | |||||
| other current liabilities | 755,333 | 872,608 | 1,227,415 | 760,131 | 438,136 | 461,546 | 202,637 | 586,696 | 1,238,278 | ||||
| total current liabilities | 3,004,713 | 4,180,349 | 4,760,292 | 3,597,610 | 3,045,599 | 3,758,613 | 4,187,239 | 2,518,036 | 2,168,377 | 1,909,769 | 1,808,518 | 1,257,960 | 452,313 |
| loans | |||||||||||||
| hp & lease commitments | 44,797 | 253,216 | 485,516 | 698,229 | 672,536 | 194,708 | 281,777 | ||||||
| Accruals and Deferred Income | 100,672 | 134,416 | 168,160 | ||||||||||
| other liabilities | 8,820 | 23,900 | 37,800 | 66,928 | 204,008 | 964,385 | 225,752 | 244,382 | 647,254 | 100,000 | |||
| provisions | 64,247 | 104,699 | 148,252 | 123,469 | 138,011 | 158,947 | |||||||
| total long term liabilities | 73,067 | 128,599 | 186,052 | 235,194 | 491,899 | 778,879 | 866,389 | 876,544 | 964,385 | 420,460 | 526,159 | 647,254 | 100,000 |
| total liabilities | 3,077,780 | 4,308,948 | 4,946,344 | 3,832,804 | 3,537,498 | 4,537,492 | 5,053,628 | 3,394,580 | 3,132,762 | 2,330,229 | 2,334,677 | 1,905,214 | 552,313 |
| net assets | 2,221,091 | 4,792,801 | 4,057,784 | 2,184,937 | 1,236,253 | 770,736 | 582,389 | 165,941 | -57,532 | -158,695 | -199,533 | 40,411 | 22,126 |
| total shareholders funds | 2,221,091 | 4,792,801 | 4,057,784 | 2,184,937 | 1,236,253 | 770,736 | 582,389 | 165,941 | -57,532 | -158,695 | -199,533 | 40,411 | 22,126 |
| Dec 2023 | Dec 2022 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -1,762 | 898,706 | 2,372,131 | 1,242,553 | 554,554 | 615,152 | 458,834 | ||||||
| Depreciation | 174,350 | 221,683 | 262,589 | 255,736 | 253,010 | 259,602 | 247,723 | 183,012 | 150,924 | 94,920 | 90,168 | 27,948 | 816 |
| Amortisation | |||||||||||||
| Tax | 5,304 | -153,882 | -476,301 | -235,629 | -6,794 | -158,947 | 88,419 | ||||||
| Stock | -80,438 | 52,468 | 84,637 | -17,670 | 35,005 | 17,080 | 37,376 | 2,490 | -19,082 | 26,805 | -35,721 | 57,317 | 13,235 |
| Debtors | -2,189,436 | 974,679 | 3,249,302 | 1,316,639 | 67,640 | 174,844 | 1,236,034 | -9,128 | 218,190 | 84,114 | 292,419 | 533,424 | 395,357 |
| Creditors | -1,058,361 | 678,681 | 869,775 | 512,025 | -967,319 | 303,765 | 1,051,713 | 1,068,892 | -1,249,785 | 1,070,585 | -418,776 | 805,647 | 452,313 |
| Accruals and Deferred Income | -117,275 | 112,477 | 467,284 | 221,323 | -57,154 | 225,165 | -215,899 | -651,582 | 1,238,278 | ||||
| Deferred Taxes & Provisions | -40,452 | -18,770 | 24,783 | -14,542 | -20,936 | 158,947 | |||||||
| Cash flow from operations | 1,231,678 | 711,748 | 186,322 | 682,497 | -347,284 | 1,211,760 | 357,380 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | -9,824 | -272,441 | |||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | -9,824 | -272,441 | |||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | -258,128 | 258,128 | -1,010,887 | 1,010,887 | -866,869 | 866,869 | |||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | -253,216 | -219,174 | -232,300 | -212,713 | -193,126 | 16,355 | 604,885 | 75,407 | -189,534 | 384,242 | |||
| other long term liabilities | -15,080 | -43,028 | -29,128 | 66,928 | -204,008 | -760,377 | 738,633 | -18,630 | -402,872 | 547,254 | 100,000 | ||
| share issue | |||||||||||||
| interest | -9,807 | -22,978 | -58,241 | -82,243 | -108,858 | -130,803 | |||||||
| cash flow from financing | -2,590,332 | 1,566,796 | -271,285 | -481,740 | -36,828 | -1,312,871 | 692,429 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | -1,358,654 | 2,432,510 | -193,586 | 186,229 | -387,034 | -269,935 | 777,368 | 148,511 | 56,259 | -27,102 | 16,711 | -62,550 | 142,202 |
| overdraft | |||||||||||||
| change in cash | -1,358,654 | 2,432,510 | -193,586 | 186,229 | -387,034 | -269,935 | 777,368 | 148,511 | 56,259 | -27,102 | 16,711 | -62,550 | 142,202 |
ecorrugated limited Credit Report and Business Information
Ecorrugated Limited Competitor Analysis
Perform a competitor analysis for ecorrugated limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CH66 area or any other competitors across 12 key performance metrics.
ecorrugated limited Ownership
ECORRUGATED LIMITED group structure
Ecorrugated Limited has no subsidiary companies.
Ultimate parent company
STORA ENSO OYJ
#0000201
1 parent
ECORRUGATED LIMITED
07564536
ecorrugated limited directors
Ecorrugated Limited currently has 1 director, Mr Paul Lavelle serving since Oct 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Lavelle | 55 years | Oct 2024 | - | Director |
P&L
December 2023turnover
17m
-15%
operating profit
-1.8k
-100%
gross margin
13.2%
+1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.2m
-0.54%
total assets
5.3m
-0.42%
cash
1.7m
-0.45%
net assets
Total assets minus all liabilities
ecorrugated limited company details
company number
07564536
Type
Private limited with Share Capital
industry
17219 - Manufacture of paper and paperboard containers other than sacks and bags
17211 - Manufacture of corrugated paper and paperboard; manufacture of sacks and bags of paper
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WYLIE & BISSET (AUDIT) LIMITED
address
units 13-14, valad industrial estate, ellesmere port, CH66 1ST
Bank
-
Legal Advisor
-
ecorrugated 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 4 charges/mortgages relating to ecorrugated limited. Currently there are 1 open charges and 3 have been satisfied in the past.
ecorrugated 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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ecorrugated limited Companies House Filings - See Documents
| date | description | view/download |
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