James Hamilton & Company (Lurgan) Limited
Registered name: JAMES HAMILTON & COMPANY (LURGAN) LIMITED
Part of Zeus Packaging Investments (UK) Limited groupJames Hamilton & Company (Lurgan) Limited made £14.4m revenue and £676k profit in the year to 31 Mar 2023.
James Hamilton & Company (Lurgan) Limited’s revenue grew 6% to £14.4m in the year to 31 Mar 2023, with £676k profit and 90 employees. The company is classified under “manufacture of paper stationery” and is based in Lurgan; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Lurgan, Northern Ireland
- Age
- 61 yrs · since 1964
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.6m | £14.4m |
| Cost of sales | £9.7m | £10.6m |
| Gross profit | £3.9m | £3.8m |
| Operating profit | £1.1m | £893k |
| Profit before tax | £1.1m | £860k |
| Profit after tax | £880k | £676k |
| Profit (best available) | £880k | £676k |
| Staff costs | £2.7m | £2.9m |
| Employees (average) | 90 | 90 |
| Ratios | ||
| Profit margin | 6.5% | 4.7% |
| Gross margin | 28.7% | 26.3% |
| Revenue per employee | £151k | £160k |
| Profit per employee | £9.8k | £7.5k |
| Cash conversion | −88.7% | −103.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▲5.9% |
| Profit growth | — | ▼23.2% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.6m | £1.8m |
| Net assets | £10.4m | £11m |
| Fixed assets | £4m | £4.1m |
| Current assets | £9.6m | £9.6m |
| Debtors | £2.7m | £2.6m |
| Cash from operations | −£972k | −£922k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 4.7%
- Profit ÷ revenue.
- Gross margin
- 26.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £160k
- Revenue ÷ average employees.
- Profit per employee
- £7.5k
- Profit ÷ average employees.
- Cash conversion
- −103.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲6%
- Now £11m
- Cash at bank
- ▲14%
- Now £1.8m
- Headcount
- 0%
- Now 90
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £4.1m
Group structure
Ownership chain
- Zeus Packaging Investments (UK) Limitedultimate parent75–100%
- James Hamilton & Company (Lurgan) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (12)
- Empire Tapes LtdRev. £17m · Profit −£549k
- Simpac (Holdings) LimitedRev. £0 · Profit £844k
- Box - Mart LimitedFigures not disclosed
- Sam McLernon Holdings LimitedFigures not disclosed
- Smith Bateson Holdings LimitedFigures not disclosed
- Swanline Holdings LtdFigures not disclosed
- Swanline Paper & Board LimitedLiquidationFigures not disclosed
- Vaiopak LimitedLiquidationFigures not disclosed
- Weedon Holdings LimitedRev. — · Profit £103k
- Zeus Packaging (Ep) LimitedFigures not disclosed
- Zeus Packaging (Ni) LimitedFigures not disclosed
- Zeus Packaging (UK) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £676k), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.