Ultimate Products Plc
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 … Read more
Ultimate Products Plc (ULTP) - Net Assets
Latest net assets as of July 2025: GBX46.40 Million GBX
Based on the latest financial reports, Ultimate Products Plc (ULTP) has net assets worth GBX46.40 Million GBX as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX106.23 Million) and total liabilities (GBX59.84 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX46.40 Million |
| % of Total Assets | 43.67% |
| Annual Growth Rate | 50.18% |
| 5-Year Change | 44.74% |
| 10-Year Change | N/A |
| Growth Volatility | 142.95 |
Ultimate Products Plc - Net Assets Trend (2016–2025)
This chart illustrates how Ultimate Products Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ultimate Products Plc (2016–2025)
The table below shows the annual net assets of Ultimate Products Plc from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | GBX46.40 Million | -6.76% |
| 2024-07-31 | GBX49.76 Million | +7.85% |
| 2023-07-31 | GBX46.14 Million | +6.08% |
| 2022-07-31 | GBX43.49 Million | +35.68% |
| 2021-07-31 | GBX32.05 Million | +138.97% |
| 2020-07-31 | GBX13.41 Million | +16.12% |
| 2019-07-31 | GBX11.55 Million | +32.05% |
| 2018-07-31 | GBX8.75 Million | +28.78% |
| 2017-07-31 | GBX6.79 Million | +468.93% |
| 2016-07-31 | GBX1.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ultimate Products Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5866.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX33.83 Million | 72.92% |
| Common Stock | GBX216.00K | 0.47% |
| Other Comprehensive Income | GBX86.00K | 0.19% |
| Other Components | GBX12.26 Million | 26.43% |
| Total Equity | GBX46.40 Million | 100.00% |
Ultimate Products Plc Competitors by Market Cap
The table below lists competitors of Ultimate Products Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JALL3F
SA:JALL3F
|
$4.88K |
|
Corporacion Aceros Arequipa S.A.
LIM:CORAREC1
|
$4.88K |
|
MTN NIGERIA COMMUNICATIONS PLC
XNSA:MTNN
|
$4.89K |
|
Theraclion SA
PINK:TCLIF
|
$4.89K |
|
In the F Co. Ltd.
KQ:014990
|
$4.87K |
|
CHINA SUNTIEN -H-
MU:9C6
|
$4.87K |
|
CARCLO (C1Y.SG)
STU:C1Y
|
$4.87K |
|
But Son Cement Packing JSC
VN:BBS
|
$4.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ultimate Products Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,762,000 to 46,396,000, a change of -3,366,000 (-6.8%).
- Net income of 5,807,000 contributed positively to equity growth.
- Dividend payments of 5,513,000 reduced retained earnings.
- Share repurchases of 2,578,000 reduced equity.
- Other comprehensive income decreased equity by 1,061,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX5.81 Million | +12.52% |
| Dividends Paid | GBX5.51 Million | -11.88% |
| Share Repurchases | GBX2.58 Million | -5.56% |
| Other Comprehensive Income | GBX-1.06 Million | -2.29% |
| Other Changes | GBX-21.00K | -0.05% |
| Total Change | GBX- | -6.76% |
Book Value vs Market Value Analysis
This analysis compares Ultimate Products Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 84.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2820.90x to 84.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-07-31 | GBX0.02 | GBX45.60 | x |
| 2017-07-31 | GBX0.09 | GBX45.60 | x |
| 2018-07-31 | GBX0.11 | GBX45.60 | x |
| 2019-07-31 | GBX0.14 | GBX45.60 | x |
| 2020-07-31 | GBX0.17 | GBX45.60 | x |
| 2021-07-31 | GBX0.40 | GBX45.60 | x |
| 2022-07-31 | GBX0.49 | GBX45.60 | x |
| 2023-07-31 | GBX0.52 | GBX45.60 | x |
| 2024-07-31 | GBX0.57 | GBX45.60 | x |
| 2025-07-31 | GBX0.54 | GBX45.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ultimate Products Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.87%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 2.29x
- Recent ROE (12.52%) is below the historical average (75.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 410.22% | 6.20% | 2.81x | 23.53x | GBX4.78 Million |
| 2017 | 82.07% | 5.07% | 4.35x | 3.72x | GBX4.90 Million |
| 2018 | 48.95% | 4.89% | 2.53x | 3.95x | GBX3.41 Million |
| 2019 | 55.49% | 5.20% | 2.70x | 3.96x | GBX5.25 Million |
| 2020 | 49.31% | 5.72% | 2.88x | 2.99x | GBX5.27 Million |
| 2021 | 22.81% | 5.36% | 1.49x | 2.85x | GBX4.11 Million |
| 2022 | 28.44% | 8.02% | 1.34x | 2.65x | GBX8.02 Million |
| 2023 | 27.28% | 7.57% | 1.52x | 2.38x | GBX7.97 Million |
| 2024 | 21.15% | 6.77% | 1.34x | 2.34x | GBX5.55 Million |
| 2025 | 12.52% | 3.87% | 1.41x | 2.29x | GBX1.17 Million |
Industry Comparison
This section compares Ultimate Products Plc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $11,849,800
- Average return on equity (ROE) among peers: 3.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ultimate Products Plc (ULTP) | GBX46.40 Million | 410.22% | 1.29x | $4.87K |
| Colefax Group (CFX) | $11.59 Million | 25.77% | 1.59x | $7.10K |
| Churchill China plc (CHH) | $22.45 Million | 11.93% | 0.57x | $5.43K |
| Headlam Group (HEAD) | $1.77 Million | 0.90% | 1.16x | $5.57K |
| Likewise Group PLC (LIKE) | $11.59 Million | -26.51% | 2.20x | $7.43K |