Pomanda estimates the enterprise value of QUALITY PLASTICS LTD at £188.8k based on a Turnover of £464.1k and 0.41x industry multiple (adjusted for size and gross margin).
quality plastics ltdEstimated Valuation
£135.7k
Pomanda estimates the enterprise value of QUALITY PLASTICS LTD at £135.7k based on an EBITDA of £43.4k and a 3.13x industry multiple (adjusted for size and gross margin).
quality plastics ltdEstimated Valuation
£201.7k
Pomanda estimates the enterprise value of QUALITY PLASTICS LTD at £201.7k based on Net Assets of £121.1k and 1.67x industry multiple (adjusted for liquidity).
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Quality Plastics LtdOverview
Quality Plastics Ltd is a live company located in leeds, LS28 8DQ with a Companies House number of 09538332. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in April 2015, it's largest shareholder is
peter cusic
with a 100% stake. Quality Plastics Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£464.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Quality Plastics Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £464.1k, make it smaller than the average company (£16.1m)
£464.1k - Quality Plastics Ltd
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (8.6%)
-21% - Quality Plastics Ltd
8.6% - Industry AVG
Production
with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)
28.2% - Quality Plastics Ltd
28.2% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (5.4%)
8.9% - Quality Plastics Ltd
5.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (101)
4 - Quality Plastics Ltd
101 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
£38.5k - Quality Plastics Ltd
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £116k, this is less efficient (£163.2k)
£116k - Quality Plastics Ltd
£163.2k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (53 days)
67 days - Quality Plastics Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (40 days)
3 days - Quality Plastics Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quality Plastics Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 71 weeks, this is more cash available to meet short term requirements (14 weeks)
71 weeks - Quality Plastics Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.2%, this is a similar level of debt than the average (40.1%)
38.2% - Quality Plastics Ltd
40.1% - Industry AVG
QUALITY PLASTICS LTD financials
EXPORT
Quality Plastics Ltd's latest turnover from April 2024 is estimated at £464.1 thousand and the company has net assets of £121.1 thousand. According to their latest financial statements, Quality Plastics Ltd has 4 employees and maintains cash reserves of £102.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Turnover
464,066
616,241
481,853
959,071
685,216
385,839
200,291
165,275
100,329
Other Income Or Grants
Cost Of Sales
333,389
455,152
345,486
687,594
492,629
279,451
141,774
115,864
70,520
Gross Profit
130,677
161,089
136,367
271,477
192,587
106,388
58,517
49,411
29,809
Admin Expenses
89,415
160,132
142,679
243,909
167,613
67,465
74,290
41,737
-4,859
Operating Profit
41,262
957
-6,312
27,568
24,974
38,923
-15,773
7,674
34,668
Interest Payable
Interest Receivable
2,940
1,395
211
13
27
Pre-Tax Profit
44,203
2,352
-6,101
27,568
24,974
38,923
-15,773
7,688
34,695
Tax
-11,051
-588
-5,238
-4,745
-7,395
-1,461
-6,939
Profit After Tax
33,152
1,764
-6,101
22,330
20,229
31,528
-15,773
6,227
27,756
Dividends Paid
Retained Profit
33,152
1,764
-6,101
22,330
20,229
31,528
-15,773
6,227
27,756
Employee Costs
154,114
144,165
138,104
100,004
97,549
96,045
62,523
60,429
28,894
Number Of Employees
4
4
4
3
3
3
2
2
1
EBITDA*
43,355
4,300
-2,969
27,568
24,974
38,923
-15,773
7,674
39,977
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Tangible Assets
391
6,984
10,327
13,687
17,400
25,200
19,932
27,243
9,926
Intangible Assets
8,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
391
6,984
10,327
13,687
17,400
25,200
19,932
27,243
17,926
Stock & work in progress
Trade Debtors
86,283
139,612
104,728
231,344
143,684
73,218
34,516
32,646
17,052
Group Debtors
Misc Debtors
6,741
550
Cash
102,567
9,446
56,205
10,777
misc current assets
total current assets
195,591
149,608
160,933
231,344
143,684
73,218
34,516
32,646
27,829
total assets
195,982
156,592
171,260
245,031
161,084
98,418
54,448
59,889
45,755
Bank overdraft
Bank loan
Trade Creditors
3,122
3,915
7,672
151,934
90,317
47,880
35,438
24,946
17,998
Group/Directors Accounts
6,049
13,407
other short term finances
hp & lease commitments
other current liabilities
65,698
51,309
77,391
total current liabilities
74,869
68,631
85,063
151,934
90,317
47,880
35,438
24,946
17,998
loans
hp & lease commitments
Accruals and Deferred Income
800
800
800
800
960
other liabilities
provisions
total long term liabilities
800
800
800
800
960
total liabilities
74,869
68,631
85,063
152,734
91,117
48,680
36,238
25,906
17,998
net assets
121,113
87,961
86,197
92,297
69,967
49,738
18,210
33,983
27,757
total shareholders funds
121,113
87,961
86,197
92,297
69,967
49,738
18,210
33,983
27,757
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Operating Activities
Operating Profit
41,262
957
-6,312
27,568
24,974
38,923
-15,773
7,674
34,668
Depreciation
2,093
3,343
3,343
3,309
Amortisation
2,000
Tax
-11,051
-588
-5,238
-4,745
-7,395
-1,461
-6,939
Stock
Debtors
-47,138
35,434
-126,616
87,660
70,466
38,702
1,870
15,594
17,052
Creditors
-793
-3,757
-144,262
61,617
42,437
12,442
10,492
6,948
17,998
Accruals and Deferred Income
14,389
-26,082
76,591
-160
960
Deferred Taxes & Provisions
Cash flow from operations
93,038
-61,561
55,976
-3,713
-7,800
5,268
-7,311
-1,473
33,984
Investing Activities
capital expenditure
4,500
17
3,713
7,800
-5,268
7,311
-9,317
-23,235
Change in Investments
cash flow from investments
4,500
17
3,713
7,800
-5,268
7,311
-9,317
-23,235
Financing Activities
Bank loans
Group/Directors Accounts
-7,358
13,407
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
-1
1
interest
2,940
1,395
211
13
27
cash flow from financing
-4,418
14,802
212
12
28
cash and cash equivalents
cash
93,121
-46,759
56,205
-10,777
10,777
overdraft
change in cash
93,121
-46,759
56,205
-10,777
10,777
quality plastics ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for quality plastics ltd. Get real-time insights into quality plastics ltd's credit score, group structure and payment trends.
Perform a competitor analysis for quality plastics ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in LS28 area or any other competitors across 12 key performance metrics.
quality plastics ltd Ownership
QUALITY PLASTICS LTD group structure
Quality Plastics Ltd has no subsidiary companies.
Ultimate parent company
QUALITY PLASTICS LTD
09538332
QUALITY PLASTICS LTD Shareholders
The sole shareholder of Quality Plastics Ltd is Peter Cusic.
peter cusic
100%
quality plastics ltd directors
Quality Plastics Ltd currently has 1 director, Mr Peter Cusic serving since Apr 2015.
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 quality plastics ltd.
quality plastics ltd Capital Raised & Share Issues BETA
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quality plastics ltdCompanies House Filings - See Documents
