Ultimate Products Plc

Ultimate Products Plc

ULTP · LSE · Consumer Cyclical / Furnishings, Fixtures & Appliances

47.80GBX-1.20 (-2.45%)

Price History

Full chart

Market Stats

Previous Close49.00
Open48.54
Day Range47.80 – 50.00
52-Week Range40.20 – 61.53
Volume72.16K
Market Cap39.55M
P/E (TTM)9.48
Forward P/E8.74
EPS0.05
Dividend Yield6.43%
Beta0.58
50-Day Avg51.73
200-Day Avg49.67

About

Ultimate Products Plc, together with its subsidiaries, supplies branded household products in the United Kingdom, Rest of Europe, and internationally. The company offers a range of household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray brand; cookware, kitchen electrical, and scale products under the SALTER brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brands. It also provides floorcare, healthy living, and party appliances under the PROlectrix brand; bone China kitchenware products under Portobello brand; pillows, duvets, mattress, protectors, and toppers under Dreamtime brand; and bakeware, cookware, and textile products under George Wilkinson brand. In addition, the company offers party and kitchen products under GILES & POSNER brand; kitchen products under AMERICAN originals and PROGRESS brands; and handmade wire brushes products under the Kleeneze brand. It sells its products through retailers, as well as online. Ultimate Products Plc was formerly known as UP Global Sourcing Holdings plc and changed its name to Ultimate Products Plc in October 2023. The company was founded in 1997 and is headquartered in Oldham, the United Kingdom.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. Andrew John Gossage
  • Employees300
  • HeadquartersManor Mill, Oldham, United Kingdom, OL9 0DD, UK
  • Websitehttps://upplc.com

Leadership

  • Mr. Andrew John GossageCEO & Executive Director · b. 1971
  • Mr. Simon Adom ShowmanFounder, President & Non-Executive Director · b. 1973
  • Mr. John Christopher Stewart DentCFO, Company Secretary & Executive Director · b. 1980
  • Mr. Craig Austin HoldenChief Operating Officer · b. 1979
  • Ms. Tracy CarrollChief Marketing Officer
  • Mr. David Leonard BloomfieldChief Supply Chain Officer
  • Ms. Katie MaxwellChief Product Officer
  • Mr. Duncan SingletonChief Commercial Officer

Financials

Income Statement

Currency: GBP2016-07-312017-07-312018-07-312019-07-312020-07-312021-07-312022-07-312023-07-312024-07-312025-07-31
Total Revenue79.03M109.95M87.57M123.26M115.68M136.37M154.19M166.31M155.50M150.13M
Growth (%)-+39.13%-20.36%+40.75%-6.14%+17.88%+13.07%+7.86%-6.50%-3.45%
Cost of Revenue60.39M85.78M68.51M97.54M90.51M107.72M117.90M125.81M117.23M117.43M
Gross Profit18.63M24.17M19.07M25.72M25.17M28.65M36.29M40.51M38.26M32.70M
Gross Margin23.58%21.98%21.77%20.87%21.76%21.01%23.54%24.36%24.61%21.78%
Operating Expense12.31M15.02M13.25M16.65M16.46M18.00M18.54M22.44M22.57M23.41M
Operating Income6.32M9.15M5.82M9.07M8.71M10.65M17.76M18.07M15.69M9.29M
Operating Margin8.00%8.32%6.64%7.36%7.53%7.81%11.52%10.86%10.09%6.19%
EBITDA6.60M9.54M6.33M10.43M10.57M11.62M18.35M19.47M17.88M11.90M
EBITDA Margin8.35%8.68%7.23%8.46%9.14%8.52%11.90%11.71%11.50%7.92%
Net Income4.90M5.58M4.28M6.41M6.62M7.31M12.37M12.59M10.53M5.81M
Net Income Margin6.20%5.07%4.89%5.20%5.72%5.36%8.02%7.57%6.77%3.87%
Interest Expense441.00K464.00K383.00K779.00K778.00K528.00K853.00K1.25M1.38M1.70M
Interest Expense % of Total Revenue0.56%0.42%0.44%0.63%0.67%0.39%0.55%0.75%0.89%1.13%

Balance Sheet

Currency: GBP2016-07-312017-07-312018-07-312019-07-312020-07-312021-07-312022-07-312023-07-312024-07-312025-07-31
Total Assets28.09M25.26M34.56M45.72M40.16M91.44M115.09M109.73M116.24M106.23M
Total Liabilities26.90M18.46M25.81M34.17M26.74M59.39M71.60M63.59M66.48M59.84M
Total Equity1.19M6.79M8.75M11.55M13.41M32.05M43.49M46.14M49.76M46.40M
Cash136.00K91.00K95.00K122.00K329.00K133.00K6.20M5.09M4.73M4.06M
Total Debt10.02M5.95M12.86M18.02M7.51M21.60M33.22M24.98M19.40M21.60M
Net Debt9.88M5.86M12.76M17.90M7.18M21.47M27.01M19.89M14.66M17.53M

Cash Flow

Currency: GBP2016-07-312017-07-312018-07-312019-07-312020-07-312021-07-312022-07-312023-07-312024-07-312025-07-31
Operating Cash Flow1.34M8.97M-2.36M3.92M14.83M8.63M3.68M19.25M14.18M5.77M
Investing Cash Flow-652.00K-1.13M-931.00K-702.00K-589.00K-32.95M-3.80M-1.99M-1.30M-466.00K
Financing Cash Flow-622.00K-7.88M3.29M-3.20M-14.03M24.13M6.19M-18.38M-13.26M-5.98M
Capital Expenditure652.00K1.16M931.00K720.00K601.00K2.37M1.84M999.00K1.30M330.00K
Free Cash Flow693.00K7.81M-3.29M3.20M14.22M6.25M1.84M18.25M12.88M5.44M
Dividends Paid-3.78M3.55M2.43M2.31M4.41M4.83M6.25M6.41M5.51M
FCF to OCF51.52%87.05%139.50%81.65%95.95%72.48%49.92%94.81%90.83%94.28%
Dividend Paid to FCF-48.41%-108.09%75.78%16.22%70.53%262.93%34.27%49.76%101.27%

Earnings

Report DateSep 3, 2016Mar 7, 2017Nov 20, 2017Apr 26, 2018Nov 6, 2018Apr 29, 2019Nov 5, 2019Apr 30, 2020Nov 3, 2020Apr 30, 2021Nov 2, 2021Apr 29, 2022Nov 3, 2022Apr 27, 2023Mar 25, 2025Oct 28, 2025
EPS Estimate0.000.002.103.401.200.000.005.902.007.300.000.000.000.000.000.05
EPS Actual0.020.030.000.040.010.060.020.060.020.070.020.090.050.080.040.04
Surprise---100.00%-98.82%-99.17%---98.98%-99.00%-99.04%------22.92%
Timing----------------

Key Statistics & Ratios

Market Cap39.55M
Enterprise Value51.94M
Trailing P/E9.48
Forward P/E8.74
Price / Sales0.27
Price / Book0.84
EPS0.05
Book Value0.555
Revenue (TTM)145.10M
Gross Profit (TTM)33.38M
EBITDA8.58M
Profit Margin2.69%
Operating Margin4.73%
Return on Equity8.15%
Return on Assets4.19%
Shares Outstanding83.43M
Shares Float38.44M
Beta0.58
Dividend Yield6.43%
Dividend Rate0.03
Payout Ratio82.22%

Dividends

20262×
0.01May 28, 20260.02Jan 2, 2026
20252×
0.02May 29, 20250.05Jan 2, 2025
20241×
0.02May 30, 2024
20233×
0.05Dec 28, 20230.02Jun 1, 20230.05Jan 5, 2023
20222×
0.02Jul 7, 20220.03Jan 6, 2022
20211×
0.02Jun 17, 2021
20203×
0.03Dec 31, 20200.01Sep 17, 20200.03Jan 2, 2020
20192×
0.01Jul 4, 20190.02Jan 3, 2019
20182×
0.01Jul 5, 20180.03Jan 4, 2018
20171×
0.02Jul 6, 2017