uk hand knitting association limited

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uk hand knitting association limited Company Information

Share UK HAND KNITTING ASSOCIATION LIMITED

Company Number

00362326

Directors

Keith Wilson

Gareth Pope

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Shareholders

-

Group Structure

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Industry

Activities of business and employers membership organisations

 

Registered Address

tree tops otley road, eldwick, bingley, west yorkshire, BD16 3DA

uk hand knitting association limited Estimated Valuation

£80.1k

Pomanda estimates the enterprise value of UK HAND KNITTING ASSOCIATION LIMITED at £80.1k based on a Turnover of £118.4k and 0.68x industry multiple (adjusted for size and gross margin).

uk hand knitting association limited Estimated Valuation

£9.5k

Pomanda estimates the enterprise value of UK HAND KNITTING ASSOCIATION LIMITED at £9.5k based on an EBITDA of £2.8k and a 3.34x industry multiple (adjusted for size and gross margin).

uk hand knitting association limited Estimated Valuation

£200.9k

Pomanda estimates the enterprise value of UK HAND KNITTING ASSOCIATION LIMITED at £200.9k based on Net Assets of £82.1k and 2.45x industry multiple (adjusted for liquidity).

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Uk Hand Knitting Association Limited Overview

Uk Hand Knitting Association Limited is a live company located in bingley, BD16 3DA with a Companies House number of 00362326. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in July 1940, it's largest shareholder is unknown. Uk Hand Knitting Association Limited is a mature, micro sized company, Pomanda has estimated its turnover at £118.4k with healthy growth in recent years.

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Uk Hand Knitting Association Limited Health Check

Pomanda's financial health check has awarded Uk Hand Knitting Association Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £118.4k, make it smaller than the average company (£1.2m)

£118.4k - Uk Hand Knitting Association Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.6%)

5% - Uk Hand Knitting Association Limited

7.6% - Industry AVG

production

Production

with a gross margin of 73.4%, this company has a comparable cost of product (73.4%)

73.4% - Uk Hand Knitting Association Limited

73.4% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it more profitable than the average company (1%)

2.4% - Uk Hand Knitting Association Limited

1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (15)

2 - Uk Hand Knitting Association Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)

£48.8k - Uk Hand Knitting Association Limited

£48.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.2k, this is less efficient (£101k)

£59.2k - Uk Hand Knitting Association Limited

£101k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is near the average (37 days)

44 days - Uk Hand Knitting Association Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 87 days, this is slower than average (46 days)

87 days - Uk Hand Knitting Association Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Uk Hand Knitting Association Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 64 weeks, this is average cash available to meet short term requirements (67 weeks)

64 weeks - Uk Hand Knitting Association Limited

67 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.3%, this is a higher level of debt than the average (43.6%)

61.3% - Uk Hand Knitting Association Limited

43.6% - Industry AVG

UK HAND KNITTING ASSOCIATION LIMITED financials

EXPORTms excel logo

Uk Hand Knitting Association Limited's latest turnover from June 2024 is estimated at £118.4 thousand and the company has net assets of £82.1 thousand. According to their latest financial statements, we estimate that Uk Hand Knitting Association Limited has 2 employees and maintains cash reserves of £160.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover118,44589,352348,064101,243138,97957,5583,01613,24436,11017,412164,93250,443385,345
Other Income Or Grants
Cost Of Sales31,47921,22076,13620,08343,98019,0751,0375,46416,1997,37872,93720,146154,022
Gross Profit86,96568,132271,92981,16194,99938,4831,9797,78019,91110,03491,99530,297231,324
Admin Expenses84,13082,728244,05086,95693,35736,413-16,963-24,3184,69213,57022,217-2,67991,66043,130175,510
Operating Profit2,835-14,59627,879-5,7951,6422,07016,96324,318-2,713-5,790-2,30612,713335-12,83355,814
Interest Payable
Interest Receivable7,7496,4631,12556594332357311314715317116111654
Pre-Tax Profit10,584-8,13329,004-5,7391,7012,50417,19824,391-2,600-5,643-2,15312,884496-12,71755,868
Tax-2,646-5,511-323-476-3,268-4,634-2,963-119-15,643
Profit After Tax7,938-8,13323,493-5,7391,3782,02813,93019,757-2,600-5,643-2,1539,921377-12,71740,225
Dividends Paid
Retained Profit7,938-8,13323,493-5,7391,3782,02813,93019,757-2,600-5,643-2,1539,921377-12,71740,225
Employee Costs97,53446,762179,49585,95185,97143,03743,01440,69844,32643,10182,88439,613162,939
Number Of Employees2142211111214
EBITDA*2,835-14,59627,879-5,7951,6422,07016,96324,318-2,713-5,790-2,30612,713335-12,83355,814

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors14,50111,34937,34711,66614,2916,8113051,3763,8851,77217,7035,52045,882
Group Debtors
Misc Debtors36,81436,5729087012,577760108,615
Cash160,875134,309124,20155,78856,57161,30154,26539,69218,83526,32232,33928,91039,56124,71421,725
misc current assets11,12213,40515,1729,25412,01614,4135,9487,795
total current assets212,190182,230161,54868,36271,56370,68966,14753,09734,32236,95248,24045,09563,21238,84975,402
total assets212,190182,230161,54868,36271,56370,68966,14753,09734,32236,95248,24045,09563,21238,84975,402
Bank overdraft
Bank loan
Trade Creditors 7,5103,14379,2913,6425,6286,94212,5877,28935,32711,34135,177
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities122,618104,9635,9567,0601,9365,0505,9306,912
total current liabilities130,128108,10679,2919,5987,0607,5645,0505,9306,9126,94212,5877,28935,32711,34135,177
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities130,128108,10679,2919,5987,0607,5645,0505,9306,9126,94212,5877,28935,32711,34135,177
net assets82,06274,12482,25758,76464,50363,12561,09747,16727,41030,01035,65337,80627,88527,50840,225
total shareholders funds82,06274,12482,25758,76464,50363,12561,09747,16727,41030,01035,65337,80627,88527,50840,225
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit2,835-14,59627,879-5,7951,6422,07016,96324,318-2,713-5,790-2,30612,713335-12,83355,814
Depreciation
Amortisation
Tax-2,646-5,511-323-476-3,268-4,634-2,963-119-15,643
Stock
Debtors3,39410,57424,773-2,4185,6048,628760-315-1,061-2,5092,113-15,9313,568-31,74745,882
Creditors4,367-76,14875,6493,642-5,6285,628-6,942-5,6455,298-28,03823,986-23,83635,177
Accruals and Deferred Income17,655104,963-5,956-1,1045,124-3,114-880-9826,912
Deferred Taxes & Provisions
Cash flow from operations18,8173,64567,288-839-4,789-4,52012,05519,017-1,682-8,926879-2,35720,634-4,92229,466
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest7,7496,4631,12556594332357311314715317116111654
cash flow from financing7,7496,4631,12556594332357311314715317116111654
cash and cash equivalents
cash26,56610,10868,413-783-4,7307,03614,57320,857-7,487-6,0173,429-10,65114,8472,98921,725
overdraft
change in cash26,56610,10868,413-783-4,7307,03614,57320,857-7,487-6,0173,429-10,65114,8472,98921,725

uk hand knitting association limited 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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Uk Hand Knitting Association Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for uk hand knitting association limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BD16 area or any other competitors across 12 key performance metrics.

uk hand knitting association limited Ownership

UK HAND KNITTING ASSOCIATION LIMITED group structure

Uk Hand Knitting Association Limited has no subsidiary companies.

Ultimate parent company

UK HAND KNITTING ASSOCIATION LIMITED

00362326

UK HAND KNITTING ASSOCIATION LIMITED Shareholders

--

uk hand knitting association limited directors

Uk Hand Knitting Association Limited currently has 8 directors. The longest serving directors include Mr Keith Wilson (Jul 2008) and Mr Gareth Pope (Jan 2010).

officercountryagestartendrole
Mr Keith Wilson65 years Jul 2008- Director
Mr Gareth PopeUnited Kingdom55 years Jan 2010- Director
Mr William BurgessUnited Kingdom60 years Jan 2011- Director
Mr Michael ArmstrongEngland58 years Jan 2013- Director
Ms Annabelle HillUk59 years Jun 2013- Director
Mr James Brett54 years Sep 2021- Director
Ms Katie StephensonEngland42 years May 2022- Director
Mr Richard Longbottom40 years Oct 2022- Director

P&L

June 2024

turnover

118.4k

+33%

operating profit

2.8k

0%

gross margin

73.5%

-3.71%

turnover

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

Balance Sheet

June 2024

net assets

82.1k

+0.11%

total assets

212.2k

+0.16%

cash

160.9k

+0.2%

net assets

Total assets minus all liabilities

uk hand knitting association limited company details

company number

00362326

Type

Private Ltd By Guarantee w/o Share Cap

industry

94110 - Activities of business and employers membership organisations

incorporation date

July 1940

age

85

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

british hand knitting confederation limited (December 2006)

british hand knitting association limited (June 1991)

accountant

-

auditor

-

address

tree tops otley road, eldwick, bingley, west yorkshire, BD16 3DA

Bank

-

Legal Advisor

-

uk hand knitting association 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 uk hand knitting association limited.

uk hand knitting association limited 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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uk hand knitting association limited Companies House Filings - See Documents

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