polytastic limited
polytastic limited Company Information
Group Structure
View All
Industry
Manufacture of plastic packing goods
+3Registered Address
unit 1a, riverbank enterprise centre, dewsbury, west yorkshire, WF13 3RQ
Website
www.einewelthandel.compolytastic limited Estimated Valuation
Pomanda estimates the enterprise value of POLYTASTIC LIMITED at £314k based on a Turnover of £880.5k and 0.36x industry multiple (adjusted for size and gross margin).
polytastic limited Estimated Valuation
Pomanda estimates the enterprise value of POLYTASTIC LIMITED at £0 based on an EBITDA of £-80.4k and a 2.97x industry multiple (adjusted for size and gross margin).
polytastic limited Estimated Valuation
Pomanda estimates the enterprise value of POLYTASTIC LIMITED at £0 based on Net Assets of £-139.1k and 2.2x industry multiple (adjusted for liquidity).
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Polytastic Limited Overview
Polytastic Limited is a live company located in dewsbury, WF13 3RQ with a Companies House number of 09878756. It operates in the manufacture of plastics in primary forms sector, SIC Code 20160. Founded in November 2015, it's largest shareholder is mohammed ghafoor with a 100% stake. Polytastic Limited is a established, small sized company, Pomanda has estimated its turnover at £880.5k with healthy growth in recent years.
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Polytastic Limited Health Check
Pomanda's financial health check has awarded Polytastic Limited a 2 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £880.5k, make it smaller than the average company (£20.2m)
- Polytastic Limited
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.7%)
- Polytastic Limited
6.7% - Industry AVG
Production
with a gross margin of 15.2%, this company has a higher cost of product (22.5%)
- Polytastic Limited
22.5% - Industry AVG
Profitability
an operating margin of -9.1% make it less profitable than the average company (4.8%)
- Polytastic Limited
4.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (74)
3 - Polytastic Limited
74 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Polytastic Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £293.5k, this is equally as efficient (£288.2k)
- Polytastic Limited
£288.2k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (52 days)
- Polytastic Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (38 days)
- Polytastic Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Polytastic Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Polytastic Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.2%, this is a higher level of debt than the average (46.5%)
149.2% - Polytastic Limited
46.5% - Industry AVG
POLYTASTIC LIMITED financials
Polytastic Limited's latest turnover from November 2023 is estimated at £880.5 thousand and the company has net assets of -£139.1 thousand. According to their latest financial statements, Polytastic Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 3 | 1 | 1 | 1 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,099 | 11,673 | 12,607 | 14,761 | 17,366 | 20,431 | 24,036 | 27,966 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 22,099 | 11,673 | 12,607 | 14,761 | 17,366 | 20,431 | 24,036 | 27,966 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 100,687 | 0 | 0 |
| Trade Debtors | 260,497 | 240,198 | 189,670 | 216,067 | 197,471 | 0 | 82,490 | 77,939 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 7,874 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 260,497 | 240,198 | 189,670 | 216,067 | 197,471 | 108,561 | 82,490 | 77,939 |
| total assets | 282,596 | 251,871 | 202,277 | 230,828 | 214,837 | 128,992 | 106,526 | 105,905 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 129,486 | 6,266 | 138,119 | 96,514 | 134,329 | 5,737 | 71,746 | 80,934 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 129,486 | 6,266 | 138,119 | 96,514 | 134,329 | 90,078 | 71,746 | 80,934 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,000 | 7,865 | 2,630 | 29,090 | 17,750 | 0 | 750 | 750 |
| other liabilities | 290,223 | 296,473 | 34,375 | 37,500 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 292,223 | 304,338 | 37,005 | 66,590 | 17,750 | 0 | 750 | 750 |
| total liabilities | 421,709 | 310,604 | 175,124 | 163,104 | 152,079 | 90,078 | 72,496 | 81,684 |
| net assets | -139,113 | -58,733 | 27,153 | 67,724 | 62,758 | 38,914 | 34,030 | 24,221 |
| total shareholders funds | -139,113 | -58,733 | 27,153 | 67,724 | 62,758 | 38,914 | 34,030 | 24,221 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 3,605 | 0 | ||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | -100,687 | 100,687 | 0 | 0 |
| Debtors | 20,299 | 50,528 | -26,397 | 18,596 | 197,471 | -82,490 | 4,551 | 77,939 |
| Creditors | 123,220 | -131,853 | 41,605 | -37,815 | 128,592 | -66,009 | -9,188 | 80,934 |
| Accruals and Deferred Income | -5,865 | 5,235 | -26,460 | 11,340 | 17,750 | -750 | 0 | 750 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,250 | 262,098 | -3,125 | 37,500 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | -7,874 | 7,874 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -7,874 | 7,874 | 0 | 0 |
polytastic limited Credit Report and Business Information
Polytastic Limited Competitor Analysis
Perform a competitor analysis for polytastic limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WF13 area or any other competitors across 12 key performance metrics.
polytastic limited Ownership
POLYTASTIC LIMITED group structure
Polytastic Limited has no subsidiary companies.
Ultimate parent company
POLYTASTIC LIMITED
09878756
polytastic limited directors
Polytastic Limited currently has 1 director, Mr Mohammed Ghafoor serving since Nov 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Ghafoor | England | 55 years | Nov 2020 | - | Director |
P&L
November 2023turnover
880.5k
+72%
operating profit
-80.4k
0%
gross margin
15.3%
-5.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-139.1k
+1.37%
total assets
282.6k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
polytastic limited company details
company number
09878756
Type
Private limited with Share Capital
industry
22220 - Manufacture of plastic packing goods
22290 - Manufacture of other plastic products
46900 - Non-specialised wholesale trade
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
welt handel limited (April 2022)
accountant
TAXASSIST ACCOUTANTS
auditor
-
address
unit 1a, riverbank enterprise centre, dewsbury, west yorkshire, WF13 3RQ
Bank
-
Legal Advisor
-
polytastic 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 polytastic limited.
polytastic 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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polytastic limited Companies House Filings - See Documents
| date | description | view/download |
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