mailway packaging solutions group limited
mailway packaging solutions group limited Company Information
Company Number
11430011
Website
www.mailway.co.ukRegistered Address
12-16 pitcliffe way, west bowling, bradford, west yorkshire, BD5 7SG
Industry
Packaging activities
Telephone
01274720019
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
richard bramma 72.8%
elizabeth alice astin 10.4%
View Allmailway packaging solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of MAILWAY PACKAGING SOLUTIONS GROUP LIMITED at £44.1m based on a Turnover of £30.8m and 1.43x industry multiple (adjusted for size and gross margin).
mailway packaging solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of MAILWAY PACKAGING SOLUTIONS GROUP LIMITED at £74.3m based on an EBITDA of £7.8m and a 9.48x industry multiple (adjusted for size and gross margin).
mailway packaging solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of MAILWAY PACKAGING SOLUTIONS GROUP LIMITED at £51.5m based on Net Assets of £19.3m and 2.66x industry multiple (adjusted for liquidity).
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Mailway Packaging Solutions Group Limited Overview
Mailway Packaging Solutions Group Limited is a live company located in bradford, BD5 7SG with a Companies House number of 11430011. It operates in the packaging activities sector, SIC Code 82920. Founded in June 2018, it's largest shareholder is richard bramma with a 72.7% stake. Mailway Packaging Solutions Group Limited is a young, large sized company, Pomanda has estimated its turnover at £30.8m with high growth in recent years.
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Mailway Packaging Solutions Group Limited Health Check
Pomanda's financial health check has awarded Mailway Packaging Solutions Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £30.8m, make it larger than the average company (£13.2m)
£30.8m - Mailway Packaging Solutions Group Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (8.2%)
28% - Mailway Packaging Solutions Group Limited
8.2% - Industry AVG
Production
with a gross margin of 57%, this company has a lower cost of product (23.6%)
57% - Mailway Packaging Solutions Group Limited
23.6% - Industry AVG
Profitability
an operating margin of 21.6% make it more profitable than the average company (4.4%)
21.6% - Mailway Packaging Solutions Group Limited
4.4% - Industry AVG
Employees
with 574 employees, this is above the industry average (46)
574 - Mailway Packaging Solutions Group Limited
46 - Industry AVG
Pay Structure
on an average salary of £27k, the company has a lower pay structure (£35.8k)
£27k - Mailway Packaging Solutions Group Limited
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £53.6k, this is less efficient (£205.2k)
£53.6k - Mailway Packaging Solutions Group Limited
£205.2k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (62 days)
18 days - Mailway Packaging Solutions Group Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (51 days)
31 days - Mailway Packaging Solutions Group Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (42 days)
8 days - Mailway Packaging Solutions Group Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (10 weeks)
10 weeks - Mailway Packaging Solutions Group Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (64.6%)
21.9% - Mailway Packaging Solutions Group Limited
64.6% - Industry AVG
MAILWAY PACKAGING SOLUTIONS GROUP LIMITED financials
Mailway Packaging Solutions Group Limited's latest turnover from February 2023 is £30.8 million and the company has net assets of £19.3 million. According to their latest financial statements, Mailway Packaging Solutions Group Limited has 574 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Turnover | 30,783,380 | 28,677,123 | 26,015,747 | 14,791,528 | 11,433,316 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,236,925 | 15,090,443 | 15,769,417 | 7,630,965 | 5,285,795 |
| Gross Profit | 17,546,455 | 13,586,680 | 10,246,330 | 7,160,563 | 6,147,521 |
| Admin Expenses | 10,909,140 | 9,443,180 | 7,588,963 | 6,682,652 | 4,909,814 |
| Operating Profit | 6,637,315 | 4,143,500 | 2,657,367 | 477,911 | 1,237,707 |
| Interest Payable | 121,968 | 81,387 | 81,421 | 80,559 | 61,666 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 6,515,347 | 4,062,113 | 2,575,946 | 397,352 | 1,176,041 |
| Tax | -893,236 | -537,386 | -490,902 | -7,070 | -171,933 |
| Profit After Tax | 5,622,111 | 3,524,727 | 2,085,044 | 390,282 | 1,004,108 |
| Dividends Paid | 1,075,149 | 1,133,210 | 0 | 0 | 2,126,474 |
| Retained Profit | 4,546,962 | 2,391,517 | 2,085,044 | 390,282 | -1,122,366 |
| Employee Costs | 15,477,183 | 15,439,852 | 12,265,578 | 7,698,871 | |
| Number Of Employees | 574 | 589 | 567 | 370 | |
| EBITDA* | 7,843,822 | 5,391,546 | 3,979,348 | 1,445,941 | 1,882,425 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,809,629 | 1,776,321 | 2,011,002 | 2,181,818 | 2,107,544 |
| Intangible Assets | 8,943,859 | 9,733,957 | 10,871,191 | 11,961,636 | 9,629,336 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,753,488 | 11,510,278 | 12,882,193 | 14,143,454 | 11,736,880 |
| Stock & work in progress | 303,277 | 330,600 | 304,906 | 306,469 | 280,854 |
| Trade Debtors | 1,552,786 | 5,766,048 | 1,637,577 | 1,207,668 | 1,406,283 |
| Group Debtors | 8,417,000 | 4,917,000 | 2,637,000 | 525,000 | 318,998 |
| Misc Debtors | 2,700,720 | 1,943,353 | 395,128 | 261,008 | 187,622 |
| Cash | 1,055,624 | 2,685,753 | 2,462,918 | 1,470,497 | 2,134,589 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,029,407 | 15,642,754 | 7,437,529 | 3,770,642 | 4,328,346 |
| total assets | 24,782,895 | 27,153,032 | 20,319,722 | 17,914,096 | 16,065,226 |
| Bank overdraft | 597 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 452,381 | 629,223 | 422,451 | 275,186 |
| Trade Creditors | 1,144,748 | 3,141,564 | 1,471,802 | 991,194 | 1,187,335 |
| Group/Directors Accounts | 32,142 | 948,498 | 0 | 0 | 0 |
| other short term finances | 784,756 | 2,466,202 | 0 | 0 | 7,908 |
| hp & lease commitments | 79,083 | 75,180 | 100,095 | 106,302 | 146,217 |
| other current liabilities | 2,957,529 | 4,899,464 | 4,750,738 | 3,107,218 | 3,074,489 |
| total current liabilities | 4,998,855 | 11,983,289 | 6,951,858 | 4,627,165 | 4,691,135 |
| loans | 0 | 0 | 503,865 | 963,557 | 419,535 |
| hp & lease commitments | 151,346 | 171,550 | 173,817 | 93,351 | 60,610 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,643,534 | 726,997 |
| provisions | 284,665 | 197,126 | 280,633 | 261,984 | 232,726 |
| total long term liabilities | 436,011 | 368,676 | 958,315 | 2,962,426 | 1,439,868 |
| total liabilities | 5,434,866 | 12,351,965 | 7,910,173 | 7,589,591 | 6,131,003 |
| net assets | 19,348,029 | 14,801,067 | 12,409,549 | 10,324,505 | 9,934,223 |
| total shareholders funds | 19,348,029 | 14,801,067 | 12,409,549 | 10,324,505 | 9,934,223 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 6,637,315 | 4,143,500 | 2,657,367 | 477,911 | 1,237,707 |
| Depreciation | 416,405 | 457,948 | 531,796 | 421,444 | 346,048 |
| Amortisation | 790,102 | 790,098 | 790,185 | 546,586 | 298,670 |
| Tax | -893,236 | -537,386 | -490,902 | -7,070 | -171,933 |
| Stock | -27,323 | 25,694 | -1,563 | 25,615 | 280,854 |
| Debtors | 44,105 | 7,956,696 | 2,676,029 | 80,773 | 1,912,903 |
| Creditors | -1,996,816 | 1,669,762 | 480,608 | -196,141 | 1,187,335 |
| Accruals and Deferred Income | -1,941,935 | 148,726 | 1,643,520 | 32,729 | 3,074,489 |
| Deferred Taxes & Provisions | 87,539 | -83,507 | 18,649 | 29,258 | 232,726 |
| Cash flow from operations | 3,082,592 | -1,393,249 | 2,956,757 | 1,198,329 | 4,011,285 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 |
| Financing Activities | |||||
| Bank loans | -452,381 | -176,842 | 206,772 | 147,265 | 275,186 |
| Group/Directors Accounts | -916,356 | 948,498 | 0 | 0 | 0 |
| Other Short Term Loans | -1,681,446 | 2,466,202 | 0 | -7,908 | 7,908 |
| Long term loans | 0 | -503,865 | -459,692 | 544,022 | 419,535 |
| Hire Purchase and Lease Commitments | -16,301 | -27,182 | 74,259 | -7,174 | 206,827 |
| other long term liabilities | 0 | 0 | -1,643,534 | 916,537 | 726,997 |
| share issue | |||||
| interest | -121,968 | -81,387 | -81,421 | -80,559 | -61,666 |
| cash flow from financing | -3,188,452 | 2,625,425 | -1,903,616 | 1,512,183 | 12,631,376 |
| cash and cash equivalents | |||||
| cash | -1,630,129 | 222,835 | 992,421 | -664,092 | 2,134,589 |
| overdraft | 597 | 0 | 0 | 0 | 0 |
| change in cash | -1,630,726 | 222,835 | 992,421 | -664,092 | 2,134,589 |
mailway packaging solutions group limited Credit Report and Business Information
Mailway Packaging Solutions Group Limited Competitor Analysis
Perform a competitor analysis for mailway packaging solutions group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in BD5 area or any other competitors across 12 key performance metrics.
mailway packaging solutions group limited Ownership
MAILWAY PACKAGING SOLUTIONS GROUP LIMITED group structure
Mailway Packaging Solutions Group Limited has 5 subsidiary companies.
Ultimate parent company
MAILWAY PACKAGING SOLUTIONS GROUP LIMITED
11430011
5 subsidiaries
mailway packaging solutions group limited directors
Mailway Packaging Solutions Group Limited currently has 5 directors. The longest serving directors include Mr Richard Bramma (Jun 2018) and Ms Elizabeth Astin (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Bramma | United Kingdom | 57 years | Jun 2018 | - | Director |
| Ms Elizabeth Astin | United Kingdom | 57 years | Jun 2018 | - | Director |
| Mr Neil Humphrey | United Kingdom | 48 years | Oct 2018 | - | Director |
| Mr Samuel Bramma | United Kingdom | 31 years | Oct 2019 | - | Director |
| Dr Johannes Rosenthal | 41 years | May 2024 | - | Director |
P&L
February 2023turnover
30.8m
+7%
operating profit
6.6m
+60%
gross margin
57%
+20.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
19.3m
+0.31%
total assets
24.8m
-0.09%
cash
1.1m
-0.61%
net assets
Total assets minus all liabilities
mailway packaging solutions group limited company details
company number
11430011
Type
Private limited with Share Capital
industry
82920 - Packaging activities
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
SEDULO AUDIT LIMITED
address
12-16 pitcliffe way, west bowling, bradford, west yorkshire, BD5 7SG
Bank
HSBC BANK PLC
Legal Advisor
-
mailway packaging solutions 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 mailway packaging solutions group limited.
mailway packaging solutions group limited Companies House Filings - See Documents
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