plater chemicals group limited
plater chemicals group limited Company Information
Company Number
08066782
Website
www.platerchemicals.comRegistered Address
alrewas house main street, alrewas, burton on trent, staffordshire, DE13 7ED
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
01283792600
Next Accounts Due
December 2024
Group Structure
View All
Directors
Bruce Hendon11 Years
Shareholders
bruce spencer hendon 100%
richard mark sykes 0%
View Allplater chemicals group limited Estimated Valuation
Pomanda estimates the enterprise value of PLATER CHEMICALS GROUP LIMITED at £27.3m based on a Turnover of £14.2m and 1.92x industry multiple (adjusted for size and gross margin).
plater chemicals group limited Estimated Valuation
Pomanda estimates the enterprise value of PLATER CHEMICALS GROUP LIMITED at £26.2m based on an EBITDA of £3.5m and a 7.41x industry multiple (adjusted for size and gross margin).
plater chemicals group limited Estimated Valuation
Pomanda estimates the enterprise value of PLATER CHEMICALS GROUP LIMITED at £22m based on Net Assets of £12.8m and 1.72x industry multiple (adjusted for liquidity).
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Plater Chemicals Group Limited Overview
Plater Chemicals Group Limited is a live company located in burton on trent, DE13 7ED with a Companies House number of 08066782. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2012, it's largest shareholder is bruce spencer hendon with a 100% stake. Plater Chemicals Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.2m with healthy growth in recent years.
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Plater Chemicals Group Limited Health Check
Pomanda's financial health check has awarded Plater Chemicals Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £14.2m, make it smaller than the average company (£18.5m)
£14.2m - Plater Chemicals Group Limited
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.4%)
13% - Plater Chemicals Group Limited
7.4% - Industry AVG
Production
with a gross margin of 42.9%, this company has a lower cost of product (35.1%)
42.9% - Plater Chemicals Group Limited
35.1% - Industry AVG
Profitability
an operating margin of 24.9% make it more profitable than the average company (4.9%)
24.9% - Plater Chemicals Group Limited
4.9% - Industry AVG
Employees
with 56 employees, this is below the industry average (106)
56 - Plater Chemicals Group Limited
106 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£41.9k)
£34.9k - Plater Chemicals Group Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £254k, this is more efficient (£180.4k)
£254k - Plater Chemicals Group Limited
£180.4k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (46 days)
73 days - Plater Chemicals Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (46 days)
66 days - Plater Chemicals Group Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 155 days, this is more than average (37 days)
155 days - Plater Chemicals Group Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (16 weeks)
84 weeks - Plater Chemicals Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (69.2%)
16.8% - Plater Chemicals Group Limited
69.2% - Industry AVG
plater chemicals group limited Credit Report and Business Information
Plater Chemicals Group Limited Competitor Analysis
Perform a competitor analysis for plater chemicals group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
plater chemicals group limited Ownership
PLATER CHEMICALS GROUP LIMITED group structure
Plater Chemicals Group Limited has 7 subsidiary companies.
Ultimate parent company
PLATER CHEMICALS GROUP LIMITED
08066782
7 subsidiaries
plater chemicals group limited directors
Plater Chemicals Group Limited currently has 1 director, Mr Bruce Hendon serving since May 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bruce Hendon | England | 66 years | May 2012 | - | Director |
PLATER CHEMICALS GROUP LIMITED financials
Plater Chemicals Group Limited's latest turnover from March 2023 is £14.2 million and the company has net assets of £12.8 million. According to their latest financial statements, Plater Chemicals Group Limited has 56 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,224,825 | 12,695,968 | 10,347,821 | 9,838,437 | 9,465,600 | 8,823,636 | 8,219,211 | 8,265,647 | 8,983,133 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 8,122,177 | 6,893,915 | 5,075,167 | 4,426,996 | 4,475,648 | 4,471,602 | 4,055,791 | 4,510,670 | 5,373,434 | ||
| Gross Profit | 6,102,648 | 5,802,053 | 5,272,654 | 5,411,441 | 4,989,952 | 4,352,034 | 4,163,420 | 3,754,977 | 3,609,699 | ||
| Admin Expenses | 2,558,598 | 2,429,908 | 3,507,583 | 3,646,543 | 3,538,828 | 3,244,306 | 2,809,442 | 2,786,971 | 2,378,968 | ||
| Operating Profit | 3,544,050 | 3,372,145 | 1,765,071 | 1,764,898 | 1,451,124 | 1,107,728 | 1,353,978 | 968,006 | 1,230,731 | ||
| Interest Payable | 0 | 0 | 0 | 8,234 | 19,870 | 26,705 | 39,292 | 44,543 | 43,747 | ||
| Interest Receivable | 18,899 | 991 | 1,968 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 3,562,949 | 3,373,136 | 1,767,039 | 1,756,664 | 1,431,254 | 1,081,023 | 1,314,686 | 923,463 | 1,186,984 | ||
| Tax | -659,273 | -648,432 | -254,821 | -198,670 | -209,319 | -199,771 | -268,653 | -168,566 | -203,115 | ||
| Profit After Tax | 2,903,676 | 2,724,704 | 1,512,218 | 1,557,994 | 1,221,935 | 881,252 | 1,046,033 | 754,897 | 983,869 | ||
| Dividends Paid | 276,039 | 260,805 | 271,156 | 276,969 | 261,107 | 267,348 | 265,097 | 260,942 | 280,590 | ||
| Retained Profit | 2,627,637 | 2,463,899 | 1,241,062 | 1,281,025 | 960,828 | 613,904 | 780,936 | 493,955 | 703,279 | ||
| Employee Costs | 1,952,944 | 1,842,491 | 2,044,627 | 2,006,678 | 1,942,148 | 1,633,351 | 1,350,763 | 1,315,562 | 1,005,610 | ||
| Number Of Employees | 56 | 55 | 60 | 61 | 59 | 53 | 48 | 44 | |||
| EBITDA* | 3,544,050 | 3,372,145 | 1,978,779 | 2,012,342 | 1,650,430 | 1,318,146 | 1,584,649 | 1,191,499 | 1,230,731 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,903,358 | 4,717,039 | 4,619,918 | 4,771,214 | 4,997,960 | 5,085,978 | 5,283,156 | 5,424,886 | 5,385,468 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,500 | 37,300 | 37,300 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,903,358 | 4,717,039 | 4,619,918 | 4,771,214 | 4,997,960 | 5,085,978 | 5,283,156 | 5,424,886 | 5,394,968 | 37,300 | 37,300 |
| Stock & work in progress | 3,451,973 | 2,496,676 | 1,057,011 | 974,633 | 1,098,717 | 862,564 | 611,011 | 620,167 | 803,511 | 0 | 0 |
| Trade Debtors | 2,853,920 | 2,536,869 | 2,123,171 | 1,998,254 | 1,616,096 | 1,439,529 | 1,340,008 | 1,125,525 | 1,189,686 | 11 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 620,068 | 520,172 | 52,015 | 208,752 | 166,547 | 164,417 | 183,989 | 167,805 | 159,366 | 0 | 0 |
| Cash | 3,523,602 | 2,451,844 | 1,532,320 | 443,549 | 0 | 6,337 | 515,514 | 72,624 | 138,844 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,449,563 | 8,005,561 | 4,764,517 | 3,625,188 | 2,881,360 | 2,472,847 | 2,650,522 | 1,986,121 | 2,291,407 | 11 | 0 |
| total assets | 15,352,921 | 12,722,600 | 9,384,435 | 8,396,402 | 7,879,320 | 7,558,825 | 7,933,678 | 7,411,007 | 7,686,375 | 37,311 | 37,300 |
| Bank overdraft | 0 | 0 | 0 | 0 | 63,770 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 70,000 | 70,000 | 70,000 | 140,000 | 70,000 | 0 | 0 |
| Trade Creditors | 1,479,174 | 1,544,791 | 761,911 | 750,039 | 1,006,586 | 711,661 | 949,538 | 671,535 | 1,019,585 | 300 | 300 |
| Group/Directors Accounts | 0 | 15,236 | 28,069 | 8,314 | 3,176 | 72,164 | 63,031 | 51,439 | 53,615 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 937 | 17,282 | 0 | 0 | 0 |
| other current liabilities | 695,280 | 723,163 | 662,222 | 943,810 | 882,031 | 1,029,827 | 976,029 | 907,650 | 907,086 | 0 | 0 |
| total current liabilities | 2,174,454 | 2,283,190 | 1,452,202 | 1,702,163 | 2,025,563 | 1,883,652 | 2,059,535 | 1,787,906 | 2,050,286 | 300 | 300 |
| loans | 0 | 0 | 0 | 0 | 212,581 | 582,500 | 952,500 | 1,102,500 | 1,242,500 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 937 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 212,829 | 644,833 | 1,076,833 | 1,508,832 | 1,940,833 | 0 | 0 |
| provisions | 398,246 | 286,826 | 243,548 | 246,616 | 261,749 | 242,070 | 252,944 | 199,902 | 135,781 | 0 | 0 |
| total long term liabilities | 398,246 | 286,826 | 243,548 | 246,616 | 687,159 | 1,469,403 | 2,282,277 | 2,812,171 | 3,319,114 | 0 | 0 |
| total liabilities | 2,572,700 | 2,570,016 | 1,695,750 | 1,948,779 | 2,712,722 | 3,353,055 | 4,341,812 | 4,600,077 | 5,369,400 | 300 | 300 |
| net assets | 12,780,221 | 10,152,584 | 7,688,685 | 6,447,623 | 5,166,598 | 4,205,770 | 3,591,866 | 2,810,930 | 2,316,975 | 37,011 | 37,000 |
| total shareholders funds | 12,780,221 | 10,152,584 | 7,688,685 | 6,447,623 | 5,166,598 | 4,205,770 | 3,591,866 | 2,810,930 | 2,316,975 | 37,011 | 37,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 3,544,050 | 3,372,145 | 1,765,071 | 1,764,898 | 1,451,124 | 1,107,728 | 1,353,978 | 968,006 | 1,230,731 | ||
| Depreciation | 0 | 0 | 213,708 | 247,444 | 199,306 | 210,418 | 230,671 | 213,993 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,500 | 0 | 0 | 0 |
| Tax | -659,273 | -648,432 | -254,821 | -198,670 | -209,319 | -199,771 | -268,653 | -168,566 | -203,115 | ||
| Stock | 955,297 | 1,439,665 | 82,378 | -124,084 | 236,153 | 251,553 | -9,156 | -183,344 | 803,511 | 0 | 0 |
| Debtors | 416,947 | 881,855 | -31,820 | 424,363 | 178,697 | 79,949 | 230,667 | -55,722 | 1,349,041 | 11 | 0 |
| Creditors | -65,617 | 782,880 | 11,872 | -256,547 | 294,925 | -237,877 | 278,003 | -348,050 | 1,019,285 | 0 | 300 |
| Accruals and Deferred Income | -27,883 | 60,941 | -281,588 | 61,779 | -147,796 | 53,798 | 68,379 | 564 | 907,086 | 0 | 0 |
| Deferred Taxes & Provisions | 111,420 | 43,278 | -3,068 | -15,133 | 19,679 | -10,874 | 53,042 | 64,121 | 135,781 | 0 | 0 |
| Cash flow from operations | 1,530,453 | 1,289,292 | 1,400,616 | 1,303,492 | 1,193,069 | 591,920 | 1,493,909 | 978,634 | 937,216 | ||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -111,288 | -13,240 | -88,941 | -362,360 | -260,131 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,500 | -27,800 | 0 | 37,300 |
| cash flow from investments | 0 | 0 | 0 | 0 | -111,288 | -13,240 | -88,941 | -352,860 | -232,331 | ||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | -70,000 | 0 | 0 | -70,000 | 70,000 | 70,000 | 0 | 0 |
| Group/Directors Accounts | -15,236 | -12,833 | 19,755 | 5,138 | -68,988 | 9,133 | 11,592 | -2,176 | 53,615 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -212,581 | -369,919 | -370,000 | -150,000 | -140,000 | 1,242,500 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -937 | -17,282 | 18,219 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -212,829 | -432,004 | -432,000 | -431,999 | -432,001 | 1,940,833 | 0 | 0 |
| share issue | |||||||||||
| interest | 18,899 | 991 | 1,968 | -8,234 | -19,870 | -26,705 | -39,292 | -44,543 | -43,747 | ||
| cash flow from financing | 3,663 | -11,842 | 21,723 | -498,506 | -890,781 | -820,509 | -696,981 | -530,501 | 4,839,886 | ||
| cash and cash equivalents | |||||||||||
| cash | 1,071,758 | 919,524 | 1,088,771 | 443,549 | -6,337 | -509,177 | 442,890 | -66,220 | 138,844 | 0 | 0 |
| overdraft | 0 | 0 | 0 | -63,770 | 63,770 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,071,758 | 919,524 | 1,088,771 | 507,319 | -70,107 | -509,177 | 442,890 | -66,220 | 138,844 | 0 | 0 |
P&L
March 2023turnover
14.2m
+12%
operating profit
3.5m
+5%
gross margin
43%
-6.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
12.8m
+0.26%
total assets
15.4m
+0.21%
cash
3.5m
+0.44%
net assets
Total assets minus all liabilities
plater chemicals group limited company details
company number
08066782
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2012
age
12
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
alrewas house main street, alrewas, burton on trent, staffordshire, DE13 7ED
last accounts submitted
March 2023
plater chemicals group 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 plater chemicals group limited.
plater chemicals group limited Companies House Filings - See Documents
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