burt bros.(hosiery)limited

Live MatureMidHealthy

burt bros.(hosiery)limited Company Information

Share BURT BROS.(HOSIERY)LIMITED

Company Number

00451130

Shareholders

mr kenneth vaughan burt

Group Structure

View All

Industry

Wholesale of clothing and footwear

 

Registered Address

units b-c willow road, lenton, nottingham, nottinghamshire, NG7 2TA

burt bros.(hosiery)limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of BURT BROS.(HOSIERY)LIMITED at £4.5m based on a Turnover of £9.2m and 0.49x industry multiple (adjusted for size and gross margin).

burt bros.(hosiery)limited Estimated Valuation

£9.1m

Pomanda estimates the enterprise value of BURT BROS.(HOSIERY)LIMITED at £9.1m based on an EBITDA of £2m and a 4.53x industry multiple (adjusted for size and gross margin).

burt bros.(hosiery)limited Estimated Valuation

£40m

Pomanda estimates the enterprise value of BURT BROS.(HOSIERY)LIMITED at £40m based on Net Assets of £19.6m and 2.04x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Burt Bros.(hosiery)limited Overview

Burt Bros.(hosiery)limited is a live company located in nottingham, NG7 2TA with a Companies House number of 00451130. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in March 1948, it's largest shareholder is mr kenneth vaughan burt with a 100% stake. Burt Bros.(hosiery)limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.2m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Burt Bros.(hosiery)limited Health Check

Pomanda's financial health check has awarded Burt Bros.(Hosiery)Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £9.2m, make it smaller than the average company (£17m)

£9.2m - Burt Bros.(hosiery)limited

£17m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.6%)

5% - Burt Bros.(hosiery)limited

6.6% - Industry AVG

production

Production

with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)

31.5% - Burt Bros.(hosiery)limited

31.5% - Industry AVG

profitability

Profitability

an operating margin of 21.5% make it more profitable than the average company (4.1%)

21.5% - Burt Bros.(hosiery)limited

4.1% - Industry AVG

employees

Employees

with 21 employees, this is below the industry average (49)

21 - Burt Bros.(hosiery)limited

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Burt Bros.(hosiery)limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £437.5k, this is more efficient (£322.7k)

£437.5k - Burt Bros.(hosiery)limited

£322.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (39 days)

65 days - Burt Bros.(hosiery)limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 74 days, this is slower than average (31 days)

74 days - Burt Bros.(hosiery)limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 16 days, this is less than average (130 days)

16 days - Burt Bros.(hosiery)limited

130 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)

2 weeks - Burt Bros.(hosiery)limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.2%, this is a lower level of debt than the average (58.6%)

16.2% - Burt Bros.(hosiery)limited

58.6% - Industry AVG

BURT BROS.(HOSIERY)LIMITED financials

EXPORTms excel logo

Burt Bros.(Hosiery)Limited's latest turnover from December 2023 is estimated at £9.2 million and the company has net assets of £19.6 million. According to their latest financial statements, Burt Bros.(Hosiery)Limited has 21 employees and maintains cash reserves of £210.4 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
Turnover9,188,2437,523,47010,024,4847,863,32211,584,95110,814,74011,486,50611,803,46114,877,12014,072,12313,714,44414,278,42917,329,41814,192,87515,186,558
Other Income Or Grants
Cost Of Sales6,297,3985,165,9336,852,5946,343,8249,217,6359,070,5709,500,2099,977,89511,961,13111,420,15412,079,6019,929,49512,181,3569,834,101
Gross Profit2,890,8452,357,5373,171,8901,519,4982,367,3161,744,1701,986,2971,825,5662,915,9892,651,9691,634,8434,348,9345,148,0624,358,774
Admin Expenses918,1571,160,2482,194,650666,808959,595869,085698,210-654,308953,0101,488,1711,220,5243,591,8194,415,1053,682,730-938,172
Operating Profit1,972,6881,197,289977,240852,6901,407,721875,0851,288,0872,479,8741,962,9791,163,798414,319757,115732,957676,044938,172
Interest Payable176,856113,65831,70434,25841,24034,86869,57635,755116,971241,24025,10242,13124,78219,329
Interest Receivable17,27812,1191,228378,357381,497351,6436,07329,07471,23746,74757,6701,2011,397
Pre-Tax Profit1,813,1111,095,749946,7631,196,7891,747,9781,240,9001,224,5842,473,1931,846,0081,235,011930,0121,109,343686,020658,321922,449
Tax-453,278-208,192-179,885-78,997-224,920-57,002-204,084-82,262-95,338-68,550-27,958-142,741-137,359-172,982-202,607
Profit After Tax1,359,833887,557766,8781,117,7921,523,0581,183,8981,020,5002,390,9311,750,6701,166,461902,054966,602548,661485,339719,842
Dividends Paid
Retained Profit1,359,833887,557766,8781,117,7921,523,0581,183,8981,020,5002,390,9311,750,6701,166,461902,054966,602548,661485,339719,842
Employee Costs801,893702,214637,517699,941873,411740,058627,399662,313806,3781,023,2851,126,7331,184,5091,156,7691,025,6591,077,174
Number Of Employees211918263334323763605869716467
EBITDA*2,021,2181,248,0811,042,855917,0701,468,422920,4831,349,9662,560,4622,049,9691,246,844515,418855,895823,360752,6771,012,688

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,850,4561,899,1241,946,7132,000,3062,049,3843,658,4341,346,2251,422,2481,474,8392,073,9035,125,9584,139,2093,567,4853,007,1363,002,717
Intangible Assets
Investments & Other7,991,5804,002,3742,778,3242,590,0002,590,0001,550,0007,587,2157,874,0626,404,2657,228,4134,076,1584,917,535900,000900,000900,000
Debtors (Due After 1 year)
Total Fixed Assets9,842,0365,901,4984,725,0374,590,3064,639,3843,658,4348,933,4409,296,3107,879,1049,302,3169,202,1169,056,7444,467,4853,907,1363,902,717
Stock & work in progress280,245400,000397,547246,926601,220564,645814,340403,487712,043820,387675,017924,2431,973,2373,386,9631,188,465
Trade Debtors1,651,9231,800,9982,641,5322,018,1891,616,9681,290,2513,182,3863,747,5924,181,3034,326,0753,223,0822,470,6135,248,5913,859,2803,701,163
Group Debtors230,0541,225,375
Misc Debtors11,386,50212,354,64211,819,89310,413,35710,566,4909,191,3338,802,3916,387,6554,922,9672,683,354684,9141,159,493211,407115,278576,148
Cash210,384447,841244,658737,346858,576922,38871,941910,829315,477144,477663,507349,46328,982105,371128,152
misc current assets1,4631,4631,4631,4631,46317,57014,54519,35113,493
total current assets13,529,05415,003,48115,103,63013,415,81813,643,25411,968,61712,872,52111,451,02610,133,2537,975,7565,247,9834,921,3827,476,7627,716,2976,832,796
total assets23,371,09020,904,97919,828,66718,006,12418,282,63815,627,05121,805,96120,747,33618,012,35717,278,07214,450,09913,978,12611,944,24711,623,43310,735,513
Bank overdraft1,701,8711,404,057930,2214,7511,121,4601,844,0391,758,9481,438,4811,349,3401,946,292468,953162,604
Bank loan
Trade Creditors 1,286,921583,109763,056675,870740,199786,604760,2291,228,1471,063,1821,845,2881,888,2471,226,6862,432,2963,949,2852,687,410
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities690,897527,843562,587709,455917,890854,977720,479623,196743,187954,449588,397878,024727,251862,1201,984,387
total current liabilities3,679,6892,515,0092,255,8641,390,0762,779,5491,641,5813,324,7473,610,2913,244,8504,149,0772,476,6442,104,7105,105,8395,280,3584,834,401
loans13,96124,21334,31145,24965,875120,142
hp & lease commitments
Accruals and Deferred Income
other liabilities79,963149,018209,310
provisions20,9058,49558,577128,032423,881100,212121,605233,76336,21030,17840,09327,54616,655
total long term liabilities114,829173,231243,62153,74458,57764,016423,881100,212121,605233,76336,21030,17840,09393,421136,797
total liabilities3,794,5182,688,2402,499,4851,443,8202,838,1261,705,5973,748,6283,710,5033,366,4554,382,8402,512,8542,134,8885,145,9325,373,7794,971,198
net assets19,576,57218,216,73917,329,18216,562,30415,444,51213,921,45418,057,33317,036,83314,645,90212,895,23211,937,24511,843,2386,798,3156,249,6545,764,315
total shareholders funds19,576,57218,216,73917,329,18216,562,30415,444,51213,921,45418,057,33317,036,83314,645,90212,895,23211,937,24511,843,2386,798,3156,249,6545,764,315
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,972,6881,197,289977,240852,6901,407,721875,0851,288,0872,479,8741,962,9791,163,798414,319757,115732,957676,044938,172
Depreciation48,53050,79265,61564,38060,70145,39861,87980,58886,99083,046101,09998,78090,40376,63374,516
Amortisation
Tax-453,278-208,192-179,885-78,997-224,920-57,002-204,084-82,262-95,338-68,550-27,958-142,741-137,359-172,982-202,607
Stock-119,7552,453150,621-354,29436,575-249,695410,853-308,556-108,344145,370-249,226-1,048,994-1,413,7262,198,4981,188,465
Debtors-1,117,215-305,7852,029,879248,0881,701,874-1,503,1931,849,5301,030,9772,094,8413,101,433277,890-1,829,8921,255,386-1,298,0745,502,686
Creditors703,812-179,94787,186-64,329-46,40526,375-467,918164,965-782,106-42,959661,561-1,205,610-1,516,9891,261,8752,687,410
Accruals and Deferred Income163,054-34,744-146,868-208,43562,913134,49897,283-119,991-211,262366,052-289,627150,773-134,869-1,122,2671,984,387
Deferred Taxes & Provisions20,905-8,495-50,082-69,455-295,849323,669-21,393-112,158197,5536,032-9,91512,54710,89116,655
Cash flow from operations3,692,6811,128,530-1,385,707621,433-547,8942,481,393-1,161,4671,779,360-1,137,392-1,547,863836,7622,527,288-794,970-170,230-1,192,618
Investing Activities
capital expenditure138-3,203-12,022-2,357,607271,760-1,417,5291,399,146-180,674-1,084,632-293,190-655,720-82,608-212,774
Change in Investments3,989,2061,224,050188,3241,040,000-6,037,215-286,8471,469,797-824,1483,152,255-841,3774,017,535900,000
cash flow from investments-3,989,068-1,227,253-200,346-1,040,0003,679,608558,607-2,887,3262,223,294-3,332,929-243,255-4,310,725-655,720-82,608-1,112,774
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-10,252-10,098-10,93845,249-65,875-54,267120,142
Hire Purchase and Lease Commitments
other long term liabilities-69,055-60,292209,310
share issue-5,319,777-208,474-808,0474,078,3215,044,473
interest-159,578-101,539-30,476344,099340,257316,775-63,503-6,681-116,97171,21345,50732,568-42,131-23,581-17,932
cash flow from financing-238,885-171,929167,896389,348340,257-5,003,002-63,503-6,681-116,971-137,261-762,5404,110,889-108,006-77,8485,146,683
cash and cash equivalents
cash-237,457203,183-492,688-121,230-63,812850,447-838,888595,352171,000-519,030314,044320,481-76,389-22,781128,152
overdraft297,814473,836925,470-1,116,7091,121,460-1,844,03985,091320,46789,1411,349,340-1,946,2921,477,339306,349162,604
change in cash-535,271-270,653-1,418,158995,479-1,185,2722,694,486-923,979274,88581,859-1,868,370314,0442,266,773-1,553,728-329,130-34,452

burt bros.(hosiery)limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for burt bros.(hosiery)limited. Get real-time insights into burt bros.(hosiery)limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Burt Bros.(hosiery)limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for burt bros.(hosiery)limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NG7 area or any other competitors across 12 key performance metrics.

burt bros.(hosiery)limited Ownership

BURT BROS.(HOSIERY)LIMITED group structure

Burt Bros.(Hosiery)Limited has 1 subsidiary company.

Ultimate parent company

BURT BROS.(HOSIERY)LIMITED

00451130

1 subsidiary

BURT BROS.(HOSIERY)LIMITED Shareholders

mr kenneth vaughan burt 100%

burt bros.(hosiery)limited directors

Burt Bros.(Hosiery)Limited currently has 2 directors. The longest serving directors include Ms Wendy Burt (May 1997) and Ms Hannah Burt (Mar 2007).

officercountryagestartendrole
Ms Wendy Burt69 years May 1997- Director
Ms Hannah BurtUnited Kingdom46 years Mar 2007- Director

P&L

December 2023

turnover

9.2m

+22%

operating profit

2m

0%

gross margin

31.5%

+0.4%

turnover

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

Balance Sheet

December 2023

net assets

19.6m

+0.07%

total assets

23.4m

+0.12%

cash

210.4k

-0.53%

net assets

Total assets minus all liabilities

burt bros.(hosiery)limited company details

company number

00451130

Type

Private limited with Share Capital

industry

46420 - Wholesale of clothing and footwear

incorporation date

March 1948

age

77

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

units b-c willow road, lenton, nottingham, nottinghamshire, NG7 2TA

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

burt bros.(hosiery)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 18 charges/mortgages relating to burt bros.(hosiery)limited. Currently there are 5 open charges and 13 have been satisfied in the past.

burt bros.(hosiery)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.

Click to start generating capital raising & share issue transactions for BURT BROS.(HOSIERY)LIMITED. This can take several minutes, an email will notify you when this has completed.

burt bros.(hosiery)limited Companies House Filings - See Documents

datedescriptionview/download