edgewest plastics (uk) limited
edgewest plastics (uk) limited Company Information
Company Number
09274867
Website
https://www.avon-group.co.ukRegistered Address
the avon building units 137-145, south liberty lane, bristol, BS3 2TL
Industry
Manufacture of other plastic products
Telephone
01242679000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
avon group manufacturing (holdings) limited 100%
edgewest plastics (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of EDGEWEST PLASTICS (UK) LIMITED at £2.8m based on a Turnover of £7.8m and 0.36x industry multiple (adjusted for size and gross margin).
edgewest plastics (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of EDGEWEST PLASTICS (UK) LIMITED at £586.9k based on an EBITDA of £211k and a 2.78x industry multiple (adjusted for size and gross margin).
edgewest plastics (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of EDGEWEST PLASTICS (UK) LIMITED at £4.2m based on Net Assets of £2.6m and 1.59x industry multiple (adjusted for liquidity).
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Edgewest Plastics (uk) Limited Overview
Edgewest Plastics (uk) Limited is a live company located in bristol, BS3 2TL with a Companies House number of 09274867. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in October 2014, it's largest shareholder is avon group manufacturing (holdings) limited with a 100% stake. Edgewest Plastics (uk) Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.8m with low growth in recent years.
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Edgewest Plastics (uk) Limited Health Check
Pomanda's financial health check has awarded Edgewest Plastics (Uk) Limited a 1.5 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
2 Strong
1 Regular
9 Weak
Size
annual sales of £7.8m, make it smaller than the average company (£14.8m)
£7.8m - Edgewest Plastics (uk) Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.3%)
- Edgewest Plastics (uk) Limited
6.3% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (26.6%)
18.3% - Edgewest Plastics (uk) Limited
26.6% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6.1%)
1% - Edgewest Plastics (uk) Limited
6.1% - Industry AVG
Employees
with 60 employees, this is below the industry average (90)
60 - Edgewest Plastics (uk) Limited
90 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£35.9k)
£33.6k - Edgewest Plastics (uk) Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £130.8k, this is less efficient (£163.3k)
£130.8k - Edgewest Plastics (uk) Limited
£163.3k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (55 days)
102 days - Edgewest Plastics (uk) Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (41 days)
75 days - Edgewest Plastics (uk) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 39 days, this is less than average (60 days)
39 days - Edgewest Plastics (uk) Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - Edgewest Plastics (uk) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.6%, this is a higher level of debt than the average (42.7%)
55.6% - Edgewest Plastics (uk) Limited
42.7% - Industry AVG
EDGEWEST PLASTICS (UK) LIMITED financials
Edgewest Plastics (Uk) Limited's latest turnover from March 2023 is £7.8 million and the company has net assets of £2.6 million. According to their latest financial statements, Edgewest Plastics (Uk) Limited has 60 employees and maintains cash reserves of £395.9 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,849,364 | 7,631,364 | |||||||
| Other Income Or Grants | 0 | 0 | |||||||
| Cost Of Sales | 6,412,845 | 5,903,547 | |||||||
| Gross Profit | 1,436,519 | 1,727,817 | |||||||
| Admin Expenses | 1,356,239 | 1,607,797 | |||||||
| Operating Profit | 80,280 | 120,020 | |||||||
| Interest Payable | 0 | 0 | |||||||
| Interest Receivable | 5 | 1 | |||||||
| Pre-Tax Profit | 80,285 | 120,021 | |||||||
| Tax | -7,818 | -32,479 | |||||||
| Profit After Tax | 72,467 | 87,542 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | 72,467 | 87,542 | |||||||
| Employee Costs | 2,014,726 | 2,025,039 | |||||||
| Number Of Employees | 60 | 57 | 53 | 54 | 54 | 49 | 46 | 52 | |
| EBITDA* | 210,975 | 267,942 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 216,928 | 310,510 | 426,124 | 501,117 | 533,901 | 515,215 | 469,419 | 564,187 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 8 | 8 | 8 | 8 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 216,928 | 310,510 | 426,124 | 501,117 | 533,909 | 515,223 | 469,427 | 564,195 | 0 |
| Stock & work in progress | 697,612 | 584,001 | 697,998 | 652,100 | 661,968 | 471,511 | 531,825 | 461,808 | 0 |
| Trade Debtors | 2,208,688 | 2,032,316 | 2,090,058 | 1,777,156 | 1,766,004 | 1,689,129 | 1,665,158 | 1,318,756 | 0 |
| Group Debtors | 2,326,955 | 1,899,076 | 1,148,532 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 37,907 | 77,014 | 49,022 | 50,418 | 47,455 | 47,573 | 61,172 | 0 | 0 |
| Cash | 395,931 | 376,497 | 334,567 | 352,178 | 368,752 | 233,334 | 32,784 | 90,869 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,667,093 | 4,968,904 | 4,320,177 | 2,831,852 | 2,844,179 | 2,441,547 | 2,290,939 | 1,871,433 | 0 |
| total assets | 5,884,021 | 5,279,414 | 4,746,301 | 3,332,969 | 3,378,088 | 2,956,770 | 2,760,366 | 2,435,628 | 0 |
| Bank overdraft | 0 | 0 | 0 | 1,174 | 2,132 | 0 | 18,622 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,328,323 | 992,569 | 1,169,671 | 790,951 | 1,074,393 | 801,816 | 764,167 | 1,195,801 | 0 |
| Group/Directors Accounts | 49,368 | 22,653 | 184,104 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 7,599 | 9,119 | 24,849 | 42,598 | 0 | 0 |
| other current liabilities | 1,867,892 | 1,679,072 | 903,863 | 365,238 | 327,089 | 416,973 | 490,256 | 0 | 0 |
| total current liabilities | 3,245,583 | 2,694,294 | 2,257,638 | 1,164,962 | 1,412,733 | 1,243,638 | 1,315,643 | 1,195,801 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 7,599 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 24,849 | 67,448 | 0 |
| provisions | 25,741 | 44,890 | 45,792 | 48,951 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,741 | 44,890 | 45,792 | 48,951 | 7,599 | 0 | 24,849 | 67,448 | 0 |
| total liabilities | 3,271,324 | 2,739,184 | 2,303,430 | 1,213,913 | 1,420,332 | 1,243,638 | 1,340,492 | 1,263,249 | 0 |
| net assets | 2,612,697 | 2,540,230 | 2,442,871 | 2,119,056 | 1,957,756 | 1,713,132 | 1,419,874 | 1,172,379 | 0 |
| total shareholders funds | 2,612,697 | 2,540,230 | 2,442,871 | 2,119,056 | 1,957,756 | 1,713,132 | 1,419,874 | 1,172,379 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 80,280 | 120,020 | |||||||
| Depreciation | 130,695 | 147,922 | 26,318 | 162,610 | 114,389 | 130,272 | 91,849 | 125,057 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -7,818 | -32,479 | |||||||
| Stock | 113,611 | -113,997 | 45,898 | -9,868 | 190,457 | -60,314 | 70,017 | 461,808 | 0 |
| Debtors | 565,144 | 720,794 | 1,460,038 | 14,115 | 76,757 | 10,372 | 407,574 | 1,318,756 | 0 |
| Creditors | 335,754 | -177,102 | 378,720 | -283,442 | 272,577 | 37,649 | -431,634 | 1,195,801 | 0 |
| Accruals and Deferred Income | 188,820 | 775,209 | 538,625 | 38,149 | -89,884 | -73,283 | 490,256 | 0 | 0 |
| Deferred Taxes & Provisions | -19,149 | -902 | -3,159 | 48,951 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 29,827 | 225,871 | |||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | -8 | 0 | 0 | 0 | 8 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 26,715 | -161,451 | 184,104 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -7,599 | -9,119 | -8,131 | -17,749 | 42,598 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -24,849 | -42,599 | 67,448 | 0 |
| share issue | |||||||||
| interest | 5 | 1 | |||||||
| cash flow from financing | 26,720 | -151,633 | |||||||
| cash and cash equivalents | |||||||||
| cash | 19,434 | 41,930 | -17,611 | -16,574 | 135,418 | 200,550 | -58,085 | 90,869 | 0 |
| overdraft | 0 | 0 | -1,174 | -958 | 2,132 | -18,622 | 18,622 | 0 | 0 |
| change in cash | 19,434 | 41,930 | -16,437 | -15,616 | 133,286 | 219,172 | -76,707 | 90,869 | 0 |
edgewest plastics (uk) limited Credit Report and Business Information
Edgewest Plastics (uk) Limited Competitor Analysis
Perform a competitor analysis for edgewest plastics (uk) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BS3 area or any other competitors across 12 key performance metrics.
edgewest plastics (uk) limited Ownership
EDGEWEST PLASTICS (UK) LIMITED group structure
Edgewest Plastics (Uk) Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
EDGEWEST PLASTICS (UK) LIMITED
09274867
2 subsidiaries
edgewest plastics (uk) limited directors
Edgewest Plastics (Uk) Limited currently has 3 directors. The longest serving directors include Mr Mark Rushin (Oct 2020) and Mr Mark Rushin (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Rushin | England | 53 years | Oct 2020 | - | Director |
| Mr Mark Rushin | England | 53 years | Oct 2020 | - | Director |
| Ms Maria Lewis | England | 52 years | Jan 2021 | - | Director |
P&L
March 2023turnover
7.8m
+3%
operating profit
80.3k
-33%
gross margin
18.4%
-19.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.6m
+0.03%
total assets
5.9m
+0.11%
cash
395.9k
+0.05%
net assets
Total assets minus all liabilities
edgewest plastics (uk) limited company details
company number
09274867
Type
Private limited with Share Capital
industry
22290 - Manufacture of other plastic products
incorporation date
October 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
the avon building units 137-145, south liberty lane, bristol, BS3 2TL
accountant
-
auditor
BISHOP FLEMING LLP
edgewest plastics (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 2 charges/mortgages relating to edgewest plastics (uk) limited. Currently there are 1 open charges and 1 have been satisfied in the past.
edgewest plastics (uk) limited Companies House Filings - See Documents
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