horton building plastics limited
horton building plastics limited Company Information
Company Number
10606874
Registered Address
unit 9 britannia park, north road, stoke on trent, ST6 2PZ
Industry
Non-specialised wholesale trade
Telephone
01782216916
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carson powell construction limited 53%
robert horton 33%
View Allhorton building plastics limited Estimated Valuation
Pomanda estimates the enterprise value of HORTON BUILDING PLASTICS LIMITED at £3.2m based on a Turnover of £4.6m and 0.7x industry multiple (adjusted for size and gross margin).
horton building plastics limited Estimated Valuation
Pomanda estimates the enterprise value of HORTON BUILDING PLASTICS LIMITED at £441.9k based on an EBITDA of £79.7k and a 5.54x industry multiple (adjusted for size and gross margin).
horton building plastics limited Estimated Valuation
Pomanda estimates the enterprise value of HORTON BUILDING PLASTICS LIMITED at £441.1k based on Net Assets of £263.5k and 1.67x industry multiple (adjusted for liquidity).
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Horton Building Plastics Limited Overview
Horton Building Plastics Limited is a live company located in stoke on trent, ST6 2PZ with a Companies House number of 10606874. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in February 2017, it's largest shareholder is carson powell construction limited with a 53% stake. Horton Building Plastics Limited is a young, small sized company, Pomanda has estimated its turnover at £4.6m with high growth in recent years.
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Horton Building Plastics Limited Health Check
Pomanda's financial health check has awarded Horton Building Plastics Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £4.6m, make it smaller than the average company (£13.9m)
- Horton Building Plastics Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.2%)
- Horton Building Plastics Limited
5.2% - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
- Horton Building Plastics Limited
27.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.6%)
- Horton Building Plastics Limited
5.6% - Industry AVG
Employees
with 27 employees, this is below the industry average (35)
27 - Horton Building Plastics Limited
35 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Horton Building Plastics Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £170.8k, this is less efficient (£356.7k)
- Horton Building Plastics Limited
£356.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (54 days)
- Horton Building Plastics Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (34 days)
- Horton Building Plastics Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is less than average (76 days)
- Horton Building Plastics Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - Horton Building Plastics Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.3%, this is a higher level of debt than the average (47.2%)
81.3% - Horton Building Plastics Limited
47.2% - Industry AVG
HORTON BUILDING PLASTICS LIMITED financials
Horton Building Plastics Limited's latest turnover from March 2023 is estimated at £4.6 million and the company has net assets of £263.5 thousand. According to their latest financial statements, Horton Building Plastics Limited has 27 employees and maintains cash reserves of £111 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 | |
|---|---|---|---|---|---|---|
| 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 | 27 | 29 | 22 | 20 | 14 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 394,758 | 353,821 | 227,575 | 186,810 | 175,528 | 134,628 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 394,758 | 353,821 | 227,575 | 186,810 | 175,528 | 134,628 |
| Stock & work in progress | 327,986 | 332,365 | 210,419 | 117,138 | 166,313 | 38,806 |
| Trade Debtors | 497,174 | 502,781 | 442,055 | 221,342 | 224,775 | 197,078 |
| Group Debtors | 1,931 | 37,152 | 0 | 0 | 0 | 0 |
| Misc Debtors | 75,631 | 76,995 | 65,657 | 12,542 | 6,800 | 1,711 |
| Cash | 111,041 | 213,327 | 300,264 | 29,750 | 1,699 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,013,763 | 1,162,620 | 1,018,395 | 380,772 | 399,587 | 237,595 |
| total assets | 1,408,521 | 1,516,441 | 1,245,970 | 567,582 | 575,115 | 372,223 |
| Bank overdraft | 36,000 | 30,000 | 30,000 | 0 | 0 | 4,305 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 622,929 | 566,511 | 496,248 | 262,651 | 186,805 | 121,869 |
| Group/Directors Accounts | 114,737 | 116,976 | 84,617 | 181,523 | 218,216 | 165,970 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,245 | 16,405 | 4,953 | 10,353 | 21,484 | 22,182 |
| other current liabilities | 219,623 | 301,241 | 299,529 | 54,824 | 13,055 | 8,296 |
| total current liabilities | 1,002,534 | 1,031,133 | 915,347 | 509,351 | 439,560 | 322,622 |
| loans | 78,000 | 120,000 | 150,000 | 0 | 100,000 | 0 |
| hp & lease commitments | 770 | 19,431 | 0 | 2,081 | 13,046 | 31,947 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 63,711 | 74,690 | 34,503 | 29,268 | 14,341 | 0 |
| total long term liabilities | 142,481 | 214,121 | 184,503 | 31,349 | 127,387 | 31,947 |
| total liabilities | 1,145,015 | 1,245,254 | 1,099,850 | 540,700 | 566,947 | 354,569 |
| net assets | 263,506 | 271,187 | 146,120 | 26,882 | 8,168 | 17,654 |
| total shareholders funds | 263,506 | 271,187 | 146,120 | 26,882 | 8,168 | 17,654 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 80,744 | 65,495 | 34,649 | 30,644 | 22,558 | 18,702 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -4,379 | 121,946 | 93,281 | -49,175 | 127,507 | 38,806 |
| Debtors | -42,192 | 109,216 | 273,828 | 2,309 | 32,786 | 198,789 |
| Creditors | 56,418 | 70,263 | 233,597 | 75,846 | 64,936 | 121,869 |
| Accruals and Deferred Income | -81,618 | 1,712 | 244,705 | 41,769 | 4,759 | 8,296 |
| Deferred Taxes & Provisions | -10,979 | 40,187 | 5,235 | 14,927 | 14,341 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,239 | 32,359 | -96,906 | -36,693 | 52,246 | 165,970 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -42,000 | -30,000 | 150,000 | -100,000 | 100,000 | 0 |
| Hire Purchase and Lease Commitments | -25,821 | 30,883 | -7,481 | -22,096 | -19,599 | 54,129 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -102,286 | -86,937 | 270,514 | 28,051 | 1,699 | 0 |
| overdraft | 6,000 | 0 | 30,000 | 0 | -4,305 | 4,305 |
| change in cash | -108,286 | -86,937 | 240,514 | 28,051 | 6,004 | -4,305 |
horton building plastics limited Credit Report and Business Information
Horton Building Plastics Limited Competitor Analysis
Perform a competitor analysis for horton building plastics limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in ST6 area or any other competitors across 12 key performance metrics.
horton building plastics limited Ownership
HORTON BUILDING PLASTICS LIMITED group structure
Horton Building Plastics Limited has no subsidiary companies.
Ultimate parent company
1 parent
HORTON BUILDING PLASTICS LIMITED
10606874
horton building plastics limited directors
Horton Building Plastics Limited currently has 4 directors. The longest serving directors include Mr Neil Powell (Feb 2017) and Mr Robert Horton (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Powell | United Kingdom | 45 years | Feb 2017 | - | Director |
| Mr Robert Horton | England | 45 years | Mar 2017 | - | Director |
| Mr Steven Simcock | United Kingdom | 48 years | Mar 2017 | - | Director |
| Mr Matthew Woolley | England | 52 years | Feb 2018 | - | Director |
P&L
March 2023turnover
4.6m
+1%
operating profit
-1k
0%
gross margin
27.6%
-1.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
263.5k
-0.03%
total assets
1.4m
-0.07%
cash
111k
-0.48%
net assets
Total assets minus all liabilities
horton building plastics limited company details
company number
10606874
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
britannia building plastics limited (March 2017)
accountant
-
auditor
-
address
unit 9 britannia park, north road, stoke on trent, ST6 2PZ
Bank
-
Legal Advisor
-
horton building plastics 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 horton building plastics limited.
horton building plastics limited Companies House Filings - See Documents
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