notcutts limited Company Information
Company Number
00393104
Next Accounts
Nov 2025
Shareholders
notcutts group ltd
Group Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
the nursery,, cumberland street,, woodbridge,, suffolk, IP12 4AF
Website
www.notcutts.co.uknotcutts limited Estimated Valuation
Pomanda estimates the enterprise value of NOTCUTTS LIMITED at £76.8m based on a Turnover of £78.6m and 0.98x industry multiple (adjusted for size and gross margin).
notcutts limited Estimated Valuation
Pomanda estimates the enterprise value of NOTCUTTS LIMITED at £64.5m based on an EBITDA of £6.9m and a 9.41x industry multiple (adjusted for size and gross margin).
notcutts limited Estimated Valuation
Pomanda estimates the enterprise value of NOTCUTTS LIMITED at £143.1m based on Net Assets of £47.3m and 3.02x industry multiple (adjusted for liquidity).
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Notcutts Limited Overview
Notcutts Limited is a live company located in woodbridge,, IP12 4AF with a Companies House number of 00393104. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in February 1945, it's largest shareholder is notcutts group ltd with a 100% stake. Notcutts Limited is a mature, large sized company, Pomanda has estimated its turnover at £78.6m with healthy growth in recent years.
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Notcutts Limited Health Check
Pomanda's financial health check has awarded Notcutts Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs


6 Strong

1 Regular

5 Weak

Size
annual sales of £78.6m, make it larger than the average company (£1.2m)
£78.6m - Notcutts Limited
£1.2m - Industry AVG

Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (11%)
7% - Notcutts Limited
11% - Industry AVG

Production
with a gross margin of 52.7%, this company has a lower cost of product (43.3%)
52.7% - Notcutts Limited
43.3% - Industry AVG

Profitability
an operating margin of 1.8% make it less profitable than the average company (5.2%)
1.8% - Notcutts Limited
5.2% - Industry AVG

Employees
with 1096 employees, this is above the industry average (31)
1096 - Notcutts Limited
31 - Industry AVG

Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£19.4k)
£20.7k - Notcutts Limited
£19.4k - Industry AVG

Efficiency
resulting in sales per employee of £71.8k, this is less efficient (£89k)
£71.8k - Notcutts Limited
£89k - Industry AVG

Debtor Days
it gets paid by customers after 3 days, this is earlier than average (9 days)
3 days - Notcutts Limited
9 days - Industry AVG

Creditor Days
its suppliers are paid after 79 days, this is slower than average (32 days)
79 days - Notcutts Limited
32 days - Industry AVG

Stock Days
it holds stock equivalent to 118 days, this is more than average (79 days)
118 days - Notcutts Limited
79 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (25 weeks)
4 weeks - Notcutts Limited
25 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 49.8%, this is a lower level of debt than the average (65.8%)
49.8% - Notcutts Limited
65.8% - Industry AVG
NOTCUTTS LIMITED financials

Notcutts Limited's latest turnover from February 2024 is £78.6 million and the company has net assets of £47.3 million. According to their latest financial statements, Notcutts Limited has 1,096 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 78,639,845 | 73,696,743 | 79,592,147 | 64,250,841 | 76,125,588 | 74,703,936 | 74,715,192 | 71,326,230 | 67,760,749 | 63,750,138 | 55,869,029 | 53,759,719 | 57,995,010 | 87,147,953 | 57,261,544 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 37,193,957 | 35,876,171 | 37,436,759 | 32,176,249 | 38,892,616 | 39,198,210 | 39,700,910 | 37,159,799 | 35,505,371 | 31,628,695 | 27,340,751 | 25,784,847 | 28,465,204 | 43,136,081 | 28,814,708 |
Gross Profit | 41,445,888 | 37,820,572 | 42,155,388 | 32,074,592 | 37,232,972 | 35,505,726 | 35,014,282 | 34,166,431 | 32,255,378 | 32,121,443 | 28,528,278 | 27,974,872 | 29,529,806 | 44,011,872 | 28,446,836 |
Admin Expenses | 40,022,296 | 37,599,115 | 33,954,559 | 30,038,011 | 35,813,676 | 34,351,363 | 34,380,374 | 32,480,878 | 30,964,214 | 31,042,187 | 28,206,654 | 26,284,951 | 26,777,211 | 40,656,147 | 24,562,281 |
Operating Profit | 1,423,592 | 221,457 | 8,200,829 | 2,036,581 | 1,419,296 | 1,154,363 | 633,908 | 1,685,553 | 1,291,164 | 1,079,256 | 321,624 | 1,689,921 | 2,752,595 | 3,355,725 | 3,884,555 |
Interest Payable | 982,936 | 464,846 | 106,692 | 526,312 | 703,767 | 910,132 | 673,062 | 648,145 | 955,423 | 978,255 | 1,743,156 | 1,626,863 | 1,662,112 | 4,273,523 | 2,256,462 |
Interest Receivable | 71,971 | 452,232 | 314,007 | 281,818 | 7,875 | 317,812 | 3,518 | 848 | 137,583 | 129,273 | 1,243,114 | 1,240,620 | 1,243,119 | 1,606,845 | 1,248,115 |
Pre-Tax Profit | 506,298 | 256,964 | 9,135,852 | 6,897,769 | 1,111,874 | 3,401,547 | 105,110 | 6,244,127 | 3,090,444 | 6,780,304 | 1,168,731 | 2,743,678 | 3,448,328 | 12,480,747 | 3,385,860 |
Tax | -329,250 | -695,544 | -5,876,849 | -2,754,827 | -840,306 | -1,053,823 | -167,788 | -1,148,638 | -33,444 | 45,663 | 108,128 | -582,673 | -490,397 | 162,469 | -860,765 |
Profit After Tax | 177,048 | -438,580 | 3,259,003 | 4,142,942 | 271,568 | 2,347,724 | -62,678 | 5,095,489 | 3,057,000 | 6,825,967 | 1,276,859 | 2,161,005 | 2,957,931 | 12,643,216 | 2,525,095 |
Dividends Paid | 622,510 | 1,140,214 | 730,292 | 200,007 | 203,241 | 232,772 | 477,301 | 187,997 | 221,187 | 243,487 | 674,548 | 778,988 | 533,258 | 533,258 | 316,421 |
Retained Profit | -445,462 | -1,578,794 | 2,528,711 | 3,942,935 | 68,327 | 2,114,952 | -539,979 | 4,907,492 | 2,835,813 | 6,582,480 | 602,311 | 1,382,017 | 2,424,673 | 12,109,958 | 2,208,674 |
Employee Costs | 22,720,364 | 20,007,048 | 19,633,475 | 19,526,389 | 20,059,452 | 19,133,051 | 18,317,677 | 17,598,557 | 16,304,495 | 15,980,262 | 14,540,937 | 14,071,457 | 15,258,921 | 24,056,119 | 15,054,854 |
Number Of Employees | 1,096 | 1,043 | 1,002 | 1,139 | 1,317 | 1,332 | 1,337 | 1,312 | 1,238 | 1,228 | 1,130 | 1,143 | 1,203 | 1,337 | 1,377 |
EBITDA* | 6,854,196 | 5,166,498 | 8,578,816 | 6,813,561 | 5,902,939 | 5,385,725 | 4,722,300 | 5,138,863 | 4,100,566 | 3,815,048 | 2,518,219 | 3,962,698 | 4,930,395 | 6,298,571 | 4,396,878 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 71,291,213 | 72,568,471 | 68,072,131 | 68,732,051 | 72,522,051 | 67,688,825 | 61,653,208 | 59,893,844 | 54,649,311 | 53,548,966 | 53,959,756 | 42,282,598 | 42,598,898 | 44,902,770 | 45,144,247 |
Intangible Assets | 5,532,108 | 6,031,731 | 1,644,200 | 1,904,452 | 2,164,704 | 2,424,956 | 2,685,208 | 2,945,460 | -566,981 | -694,731 | -822,481 | -2,981,605 | -3,184,579 | -3,362,136 | -3,628,583 |
Investments & Other | 3,318,494 | 105,619 | 105,619 | 730,999 | 698,000 | 671,194 | 557,838 | 480,586 | 640,023 | 634,824 | |||||
Debtors (Due After 1 year) | 620,334 | 328,967 | 15,066 | 2,269,918 | 1,939,547 | 1,874,691 | |||||||||
Total Fixed Assets | 76,823,321 | 82,539,030 | 70,045,298 | 70,651,569 | 74,686,755 | 70,113,781 | 64,444,035 | 62,944,923 | 54,813,329 | 53,552,235 | 53,808,469 | 42,128,749 | 41,834,452 | 42,180,657 | 44,025,179 |
Stock & work in progress | 12,121,701 | 13,754,580 | 13,806,318 | 8,992,509 | 11,273,595 | 10,227,722 | 11,595,266 | 10,939,204 | 10,653,575 | 10,718,884 | 11,098,608 | 10,966,840 | 10,176,602 | 10,824,230 | 8,367,713 |
Trade Debtors | 834,941 | 483,267 | 1,047,280 | 633,160 | 992,905 | 590,194 | 755,864 | 499,128 | 1,202,389 | 304,706 | 363,708 | 401,044 | 125,579 | 544,066 | 836,343 |
Group Debtors | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | 143,130 | |||
Misc Debtors | 1,776,521 | 1,159,777 | 1,624,439 | 2,182,015 | 1,357,300 | 1,950,938 | 1,835,278 | 5,446,855 | 5,954,337 | 6,168,640 | 4,226,755 | 2,052,858 | 1,804,257 | 15,926,190 | 2,388,150 |
Cash | 2,590,607 | 2,550,899 | 2,694,106 | 2,861,058 | 3,130,252 | 2,087,928 | 2,609,233 | 3,784,562 | 1,933,284 | 734,758 | 893,533 | 814,816 | 937,476 | 1,096,410 | 2,683,310 |
misc current assets | |||||||||||||||
total current assets | 17,466,900 | 18,091,653 | 19,315,273 | 14,811,872 | 16,897,182 | 14,999,912 | 16,938,771 | 20,812,879 | 19,886,715 | 18,070,118 | 16,725,734 | 14,378,688 | 13,043,914 | 28,390,896 | 14,275,516 |
total assets | 94,290,221 | 100,630,683 | 89,360,571 | 85,463,441 | 91,583,937 | 85,113,693 | 81,382,806 | 83,757,802 | 74,700,044 | 71,622,353 | 70,534,203 | 56,507,437 | 54,878,366 | 70,571,553 | 58,300,695 |
Bank overdraft | 5,630,578 | 5,592,434 | 4,625,938 | 5,806,073 | 7,104,323 | 6,112,557 | 1,774,670 | 4,425,083 | 5,858,838 | 3,077,595 | 7,084,746 | 2,444,588 | 1,203,261 | 1,893,830 | |
Bank loan | 10,982,354 | 14,960,979 | 15,432,474 | ||||||||||||
Trade Creditors | 8,059,019 | 6,586,872 | 9,369,524 | 6,865,963 | 9,180,635 | 8,038,740 | 8,314,919 | 9,036,976 | 8,242,555 | 6,881,146 | 5,470,717 | 3,886,394 | 4,388,784 | 4,813,348 | 4,903,017 |
Group/Directors Accounts | 3,325,494 | ||||||||||||||
other short term finances | 10,391 | 265,960 | |||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 3,927,415 | 4,890,708 | 5,889,903 | 5,227,842 | 3,811,507 | 3,531,421 | 3,142,734 | 2,864,128 | 2,293,676 | 2,025,790 | 3,226,021 | 3,030,256 | 3,030,088 | 3,343,944 | 4,547,628 |
total current liabilities | 28,609,757 | 20,395,508 | 19,885,365 | 17,899,878 | 35,323,404 | 17,682,718 | 13,232,323 | 16,326,187 | 16,395,069 | 27,417,005 | 15,781,484 | 9,361,238 | 8,622,133 | 10,051,122 | 9,450,645 |
loans | 12,412,019 | 4,274,383 | 11,448,001 | 13,794,411 | 11,714,152 | 11,857,459 | 15,394,359 | 7,856,244 | 7,818,130 | 15,280,015 | 15,261,838 | ||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 874,704 | 1,354,277 | 1,649,542 | 1,609,873 | |||||||||||
provisions | 15,035,287 | 16,020,485 | 15,444,627 | 10,903,593 | 6,894,613 | 6,131,647 | 5,058,315 | 4,438,294 | 4,047,699 | 3,348,929 | |||||
total long term liabilities | 18,356,679 | 32,839,584 | 18,792,117 | 19,762,473 | 13,855,827 | 25,031,044 | 28,986,031 | 30,033,815 | 25,821,815 | 15,755,473 | 21,248,042 | 13,492,226 | 11,244,796 | 18,027,596 | 18,679,170 |
total liabilities | 46,966,436 | 53,235,092 | 38,677,482 | 37,662,351 | 49,179,231 | 42,713,762 | 42,218,354 | 46,360,002 | 42,216,884 | 43,172,478 | 37,029,526 | 22,853,464 | 19,866,929 | 28,078,718 | 28,129,815 |
net assets | 47,323,785 | 47,395,591 | 50,683,089 | 47,801,090 | 42,404,706 | 42,399,931 | 39,164,452 | 37,397,800 | 32,483,160 | 28,449,875 | 33,504,677 | 33,653,973 | 35,011,437 | 42,492,835 | 30,170,880 |
total shareholders funds | 47,323,785 | 47,395,591 | 50,683,089 | 47,801,090 | 42,404,706 | 42,399,931 | 39,164,452 | 37,397,800 | 32,483,160 | 28,449,875 | 33,504,677 | 33,653,973 | 35,011,437 | 42,492,835 | 30,170,880 |
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,423,592 | 221,457 | 8,200,829 | 2,036,581 | 1,419,296 | 1,154,363 | 633,908 | 1,685,553 | 1,291,164 | 1,079,256 | 321,624 | 1,689,921 | 2,752,595 | 3,355,725 | 3,884,555 |
Depreciation | 4,930,981 | 4,545,299 | 117,735 | 4,516,728 | 4,223,391 | 3,971,110 | 3,828,140 | 3,193,058 | 2,937,152 | 2,863,542 | 2,400,333 | 2,475,751 | 2,355,357 | 3,209,293 | 1,932,069 |
Amortisation | 499,623 | 399,742 | 260,252 | 260,252 | 260,252 | 260,252 | 260,252 | 260,252 | -127,750 | -127,750 | -203,738 | -202,974 | -177,557 | -266,447 | -1,419,746 |
Tax | -329,250 | -695,544 | -5,876,849 | -2,754,827 | -840,306 | -1,053,823 | -167,788 | -1,148,638 | -33,444 | 45,663 | 108,128 | -582,673 | -490,397 | 162,469 | -860,765 |
Stock | -1,632,879 | -51,738 | 4,813,809 | -2,281,086 | 1,045,873 | -1,367,544 | 656,062 | 285,629 | -65,309 | -379,724 | 131,768 | 790,238 | -647,628 | 10,824,230 | 8,367,713 |
Debtors | 348,084 | -737,308 | 170,445 | 480,036 | -190,927 | -50,010 | -3,354,841 | -1,210,743 | 683,380 | 1,882,883 | -133,357 | 997,567 | -12,600,873 | 16,470,256 | 5,099,184 |
Creditors | 1,472,147 | -2,782,652 | 2,503,561 | -2,314,672 | 1,141,895 | -276,179 | -722,057 | 794,421 | 1,361,409 | 1,410,429 | 1,584,323 | -502,390 | -424,564 | 4,813,348 | 4,903,017 |
Accruals and Deferred Income | -963,293 | -999,195 | 662,061 | 1,416,335 | 280,086 | 388,687 | 278,606 | 570,452 | 267,886 | -1,200,231 | 195,765 | 168 | -313,856 | 3,343,944 | 4,547,628 |
Deferred Taxes & Provisions | -985,198 | 575,858 | 4,541,034 | 4,008,980 | 762,966 | 1,073,332 | 620,021 | 390,595 | 698,770 | 3,348,929 | |||||
Cash flow from operations | 7,333,397 | 2,054,011 | 5,424,369 | 8,970,427 | 6,392,634 | 6,935,296 | 7,429,861 | 6,670,807 | 5,777,116 | 5,916,679 | 4,408,024 | 1,089,998 | 16,950,079 | -12,676,154 | -480,139 |
Investing Activities | |||||||||||||||
capital expenditure | -1,454,782 | 2,317,637 | -5,006,380 | -801,015 | 9,805,366 | -3,180,020 | -1,541,584 | ||||||||
Change in Investments | -3,318,494 | 3,318,494 | -105,619 | -625,380 | 32,999 | 26,806 | 113,356 | 77,252 | -159,437 | 640,023 | 634,824 | ||||
cash flow from investments | -1,487,781 | 2,290,831 | -5,119,736 | -878,267 | 9,964,803 | -3,820,043 | -2,176,408 | ||||||||
Financing Activities | |||||||||||||||
Bank loans | 10,982,354 | -14,960,979 | 14,960,979 | -15,432,474 | 15,432,474 | ||||||||||
Group/Directors Accounts | -3,325,494 | 3,325,494 | |||||||||||||
Other Short Term Loans | 10,391 | -265,960 | 265,960 | ||||||||||||
Long term loans | -12,412,019 | 12,412,019 | -4,274,383 | 4,274,383 | -11,448,001 | -2,346,410 | 2,080,259 | -143,307 | 11,857,459 | -15,394,359 | 7,538,115 | 38,114 | -7,461,885 | 15,280,015 | 15,261,838 |
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -874,704 | -479,573 | -295,265 | 39,669 | 1,609,873 | ||||||||||
share issue | |||||||||||||||
interest | -910,965 | -12,614 | 207,315 | -244,494 | -695,892 | -592,320 | -669,544 | -647,297 | -817,840 | -848,982 | -500,042 | -386,243 | -418,993 | -2,666,678 | -1,008,347 |
cash flow from financing | -5,282,077 | 14,016,195 | -3,713,780 | -9,743,601 | 3,019,494 | -2,692,907 | 3,237,773 | -1,078,721 | -3,155,714 | -10,838,276 | 6,286,466 | -3,087,610 | -17,786,949 | 42,996,214 | 42,215,697 |
cash and cash equivalents | |||||||||||||||
cash | 39,708 | -143,207 | -166,952 | -269,194 | 1,042,324 | -521,305 | -1,175,329 | 1,851,278 | 1,198,526 | -158,775 | 78,717 | -122,660 | -158,934 | 1,096,410 | 2,683,310 |
overdraft | 38,144 | 966,496 | -1,180,135 | -1,298,250 | 991,766 | 4,337,887 | -2,650,413 | -1,433,755 | 2,781,243 | -4,007,151 | 4,640,158 | 1,241,327 | -690,569 | 1,893,830 | |
change in cash | 1,564 | -1,109,703 | 1,013,183 | 1,029,056 | 50,558 | -4,859,192 | 1,475,084 | 3,285,033 | -1,582,717 | 3,848,376 | -4,561,441 | -1,363,987 | 531,635 | -797,420 | 2,683,310 |
notcutts limited Credit Report and Business Information
Notcutts Limited Competitor Analysis

Perform a competitor analysis for notcutts limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in IP12 area or any other competitors across 12 key performance metrics.
notcutts limited Ownership
NOTCUTTS LIMITED group structure
Notcutts Limited has 1 subsidiary company.
Ultimate parent company
1 parent
NOTCUTTS LIMITED
00393104
1 subsidiary
notcutts limited directors
Notcutts Limited currently has 5 directors. The longest serving directors include Ms Caroline Notcutt (Aug 2008) and Mr Nicholas Burrows (Sep 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Caroline Notcutt | 59 years | Aug 2008 | - | Director | |
Mr Nicholas Burrows | 64 years | Sep 2015 | - | Director | |
Mr Julian Herbert | 57 years | Apr 2016 | - | Director | |
Ms Bridget McIntyre | 63 years | Jan 2020 | - | Director | |
Mr Mark Haddock | 48 years | Feb 2025 | - | Director |
P&L
February 2024turnover
78.6m
+7%
operating profit
1.4m
+543%
gross margin
52.8%
+2.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
47.3m
0%
total assets
94.3m
-0.06%
cash
2.6m
+0.02%
net assets
Total assets minus all liabilities
notcutts limited company details
company number
00393104
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
February 1945
age
80
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2024
previous names
notcutts nurseries limited (February 1997)
r.c. notcutt limited (November 1988)
accountant
-
auditor
MHA
address
the nursery,, cumberland street,, woodbridge,, suffolk, IP12 4AF
Bank
BARCLAYS BANK PLC
Legal Advisor
-
notcutts 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 found 29 charges/mortgages relating to notcutts limited. Currently there are 12 open charges and 17 have been satisfied in the past.
notcutts 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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notcutts limited Companies House Filings - See Documents
date | description | view/download |
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