incorporated national association of british and irish millers,limited(the)

incorporated national association of british and irish millers,limited(the) Company Information

Share INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE)
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Company Number

00148449

Industry

Activities of business and employers membership organisations

 

Shareholders

-

Group Structure

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Contact

Registered Address

21 arlington street, london, SW1A 1RN

incorporated national association of british and irish millers,limited(the) Estimated Valuation

£950.9k

Pomanda estimates the enterprise value of INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE) at £950.9k based on a Turnover of £1.3m and 0.71x industry multiple (adjusted for size and gross margin).

incorporated national association of british and irish millers,limited(the) Estimated Valuation

£206.9k

Pomanda estimates the enterprise value of INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE) at £206.9k based on an EBITDA of £59k and a 3.51x industry multiple (adjusted for size and gross margin).

incorporated national association of british and irish millers,limited(the) Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE) at £3.7m based on Net Assets of £1.5m and 2.43x industry multiple (adjusted for liquidity).

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Incorporated National Association Of British And Irish Millers,limited(the) Overview

Incorporated National Association Of British And Irish Millers,limited(the) is a live company located in london, SW1A 1RN with a Companies House number of 00148449. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in September 1917, it's largest shareholder is unknown. Incorporated National Association Of British And Irish Millers,limited(the) is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.

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Incorporated National Association Of British And Irish Millers,limited(the) Health Check

Pomanda's financial health check has awarded Incorporated National Association Of British And Irish Millers,Limited(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

5 Regular

positive_score

1 Weak

size

Size

annual sales of £1.3m, make it in line with the average company (£1.3m)

£1.3m - Incorporated National Association Of British And Irish Millers,limited(the)

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.2%)

6% - Incorporated National Association Of British And Irish Millers,limited(the)

4.2% - Industry AVG

production

Production

with a gross margin of 75.6%, this company has a comparable cost of product (75.6%)

75.6% - Incorporated National Association Of British And Irish Millers,limited(the)

75.6% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it more profitable than the average company (1.3%)

3.2% - Incorporated National Association Of British And Irish Millers,limited(the)

1.3% - Industry AVG

employees

Employees

with 12 employees, this is similar to the industry average (15)

12 - Incorporated National Association Of British And Irish Millers,limited(the)

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.8k, the company has an equivalent pay structure (£51.8k)

£51.8k - Incorporated National Association Of British And Irish Millers,limited(the)

£51.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £111.6k, this is equally as efficient (£115.1k)

£111.6k - Incorporated National Association Of British And Irish Millers,limited(the)

£115.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (38 days)

5 days - Incorporated National Association Of British And Irish Millers,limited(the)

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 160 days, this is slower than average (45 days)

160 days - Incorporated National Association Of British And Irish Millers,limited(the)

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is less than average (19 days)

8 days - Incorporated National Association Of British And Irish Millers,limited(the)

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is less cash available to meet short term requirements (65 weeks)

29 weeks - Incorporated National Association Of British And Irish Millers,limited(the)

65 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.1%, this is a lower level of debt than the average (43.5%)

30.1% - Incorporated National Association Of British And Irish Millers,limited(the)

43.5% - Industry AVG

INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE) financials

EXPORTms excel logo

Incorporated National Association Of British And Irish Millers,Limited(The)'s latest turnover from December 2023 is £1.3 million and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Incorporated National Association Of British And Irish Millers,Limited(The) has 12 employees and maintains cash reserves of £381.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,338,7861,255,2411,167,6071,130,7471,098,3771,109,3261,174,3121,307,7651,287,8241,123,9461,163,7251,247,8151,581,2881,581,4401,483,873
Other Income Or Grants000000000000000
Cost Of Sales327,383276,499229,569285,225356,410362,512384,576432,340499,338475,883485,202556,633684,181627,5530
Gross Profit1,011,403978,742938,038845,522741,967746,814789,736875,425788,486648,063678,523691,182897,107953,8870
Admin Expenses968,865889,180861,682805,449708,390823,897781,785805,878734,571662,026711,698720,130849,837947,378-16,791
Operating Profit42,53889,56276,35640,07333,577-77,0837,95169,54753,915-13,963-33,175-28,94847,2706,50916,791
Interest Payable000000000000000
Interest Receivable0000000037,79439,88846,94129,72524,01719,59739,172
Pre-Tax Profit66,081-4,38988,00742,26633,160-80,07116,81875,58355,51525,92513,766327,74571,28776,26990,963
Tax-13,0199,9182372,0422,09025,5192,359-25,570-11,960-3,186-6,240-2,375-12,310-13,794-4,064
Profit After Tax53,0625,52988,24444,30835,250-54,55219,17750,01343,55522,7397,526325,37058,97762,47586,899
Dividends Paid000000000000000
Retained Profit53,0625,52988,24444,30835,250-54,55219,17750,01343,55522,7397,526325,37058,97762,47586,899
Employee Costs621,092341,18300314,879685,763317,329593,629539,187540,176522,758542,111599,186599,058620,413
Number Of Employees1277776778888101111
EBITDA*58,950101,18882,93745,27142,076-65,14615,92575,37455,825-9,378-23,596-20,45155,81112,75822,287

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets32,98235,79122,23012,0785,00513,27922,4629,58713,3712,8736,72014,63416,12313,6179,469
Intangible Assets000000000000000
Investments & Other68,61366,56081,89374,22763,40952,76155,74946,88240,846984984984330,984330,984330,984
Debtors (Due After 1 year)000000000750,00000000
Total Fixed Assets101,595102,351104,12386,30568,41466,04078,21156,46954,217753,8577,70415,618347,107344,601340,453
Stock & work in progress7,37316,75526,24220,00722,91718,16620,30514,43716,37715,19414,83914,36216,31413,30312,756
Trade Debtors18,57410,6624,63632,8753,38828,00244,80716,33140,51298,36056,778243,264177,01378,42282,686
Group Debtors23,93918,53316,90401,8031,017,2651,022,1271,191,0041,233,00200010,7942,6650
Misc Debtors1,138,6801,317,5641,184,7911,148,1221,007,976123,683120,615120,002127,061530,355841,98495,59657,128251,80387,975
Cash381,56187,544136,341340,779328,267121,507134,93840,15745,74885,845868,7921,834,6671,064,393756,7791,090,969
misc current assets527,168505,678584,296280,311288,936300,000300,000300,000300,000300,00000000
total current assets2,097,2951,956,7361,953,2101,822,0941,653,2871,608,6231,642,7921,681,9311,762,7001,029,7541,782,3932,187,8891,325,6421,102,9721,274,386
total assets2,198,8902,059,0872,057,3331,908,3991,721,7011,674,6631,721,0031,738,4001,816,9171,783,6111,790,0972,203,5071,672,7491,447,5731,614,839
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 144,174125,138125,55322,3055,78542,31424,15752,58280,61540,51837,325118,46840,67666,673111,091
Group/Directors Accounts1001001001,8341004,25410,1975,30117,17123,36129,79637,23132,16943,212100,408
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities518,580450,875444,722487,759364,040309,407308,026324,957424,037499,272525,255857,613735,079531,840659,967
total current liabilities662,854576,113570,375511,898369,925355,975342,380382,840521,823563,151592,3761,013,312807,924641,725871,466
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions009,5137,3006,8839,04514,42810,54289000000
total long term liabilities009,5137,3006,8839,04514,42810,54289000000
total liabilities662,854576,113579,888519,198376,808365,020356,808393,382521,912563,151592,3761,013,312807,924641,725871,466
net assets1,536,0361,482,9741,477,4451,389,2011,344,8931,309,6431,364,1951,345,0181,295,0051,220,4601,197,7211,190,195864,825805,848743,373
total shareholders funds1,536,0361,482,9741,477,4451,389,2011,344,8931,309,6431,364,1951,345,0181,295,0051,220,4601,197,7211,190,195864,825805,848743,373
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit42,53889,56276,35640,07333,577-77,0837,95169,54753,915-13,963-33,175-28,94847,2706,50916,791
Depreciation16,41211,6266,5815,1988,49911,9377,9745,8271,9104,5859,5798,4978,5416,2495,496
Amortisation000000000000000
Tax-13,0199,9182372,0422,09025,5192,359-25,570-11,960-3,186-6,240-2,375-12,310-13,794-4,064
Stock-9,382-9,4876,235-2,9104,751-2,1395,868-1,9401,183355477-1,9523,01154712,756
Debtors-165,566140,42825,334167,830-155,783-18,599-139,788-73,23821,860479,953559,90293,925-87,955162,229170,661
Creditors19,036-415103,24816,520-36,52918,157-28,425-28,03340,0973,193-81,14377,792-25,997-44,418111,091
Accruals and Deferred Income67,7056,153-43,037123,71954,6331,381-16,931-99,080-75,235-25,983-332,358122,534203,239-128,127659,967
Deferred Taxes & Provisions0-9,5132,213417-2,162-5,3833,88610,45389000000
Cash flow from operations307,620-23,610114,02923,049211,140-4,734110,7348,322-14,227-515,662-1,003,71685,527305,687-336,357605,864
Investing Activities
capital expenditure-13,603-25,187-16,733-12,271-225-2,754-20,849-2,043-12,408-738-1,665-7,008-11,047-10,397-14,965
Change in Investments2,053-15,3337,66610,81810,648-2,9888,8676,03639,86200-330,00000330,984
cash flow from investments-15,656-9,854-24,399-23,089-10,873234-29,716-8,079-52,270-738-1,665322,992-11,047-10,397-345,949
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00-1,7341,734-4,154-5,9434,896-11,870-6,190-6,435-7,4355,062-11,043-57,196100,408
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000030,99000000656,474
interest0000000037,79439,88846,94129,72524,01719,59739,172
cash flow from financing00-1,7341,734-4,154-5,9434,896-11,87062,59433,45339,50634,78712,974-37,599796,054
cash and cash equivalents
cash294,017-48,797-204,43812,512206,760-13,43194,781-5,591-40,097-782,947-965,875770,274307,614-334,1901,090,969
overdraft000000000000000
change in cash294,017-48,797-204,43812,512206,760-13,43194,781-5,591-40,097-782,947-965,875770,274307,614-334,1901,090,969

incorporated national association of british and irish millers,limited(the) Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Incorporated National Association Of British And Irish Millers,limited(the) Competitor Analysis

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Perform a competitor analysis for incorporated national association of british and irish millers,limited(the) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SW1A area or any other competitors across 12 key performance metrics.

incorporated national association of british and irish millers,limited(the) Ownership

INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE) group structure

Incorporated National Association Of British And Irish Millers,Limited(The) has 1 subsidiary company.

Ultimate parent company

INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE)

00148449

1 subsidiary

INCORPORATED NATIONAL ASSOCIATION OF BRITISH AND IRISH MILLERS,LIMITED(THE) Shareholders

--

incorporated national association of british and irish millers,limited(the) directors

Incorporated National Association Of British And Irish Millers,Limited(The) currently has 14 directors. The longest serving directors include Mr Arthur Heygate (Jul 1991) and Mr David Wright (Jul 2004).

officercountryagestartendrole
Mr Arthur Heygate80 years Jul 1991- Director
Mr David WrightUnited Kingdom62 years Jul 2004- Director
Mr Roger Butler64 years Jun 2006- Director
Mr Paul Heygate Obe81 years Jun 2008- Director
Mr Martin George82 years Sep 2010- Director
Mr Gary Sharkey58 years Jun 2015- Director
Mr George Marriage73 years Jul 2015- Director
Mr Shaun Taylor51 years May 2019- Director
Mr Michael Peters60 years May 2019- Director
Mr Alistair CrossUnited Kingdom52 years Jan 2021- Director

P&L

December 2023

turnover

1.3m

+7%

operating profit

42.5k

-53%

gross margin

75.6%

-3.11%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.5m

+0.04%

total assets

2.2m

+0.07%

cash

381.6k

+3.36%

net assets

Total assets minus all liabilities

incorporated national association of british and irish millers,limited(the) company details

company number

00148449

Type

Private Ltd By Guarantee w/o Share Cap

industry

94110 - Activities of business and employers membership organisations

incorporation date

September 1917

age

108

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

RAFFINGERS LLP

address

21 arlington street, london, SW1A 1RN

Bank

-

Legal Advisor

-

incorporated national association of british and irish millers,limited(the) 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 incorporated national association of british and irish millers,limited(the).

incorporated national association of british and irish millers,limited(the) Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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incorporated national association of british and irish millers,limited(the) Companies House Filings - See Documents

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