thurlow nunn (holdings) limited

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thurlow nunn (holdings) limited Company Information

Share THURLOW NUNN (HOLDINGS) LIMITED
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MatureMegaLow

Company Number

00492217

Registered Address

wisbech road, littleport, cambridgeshire, CB6 1RA

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Activities of head offices

 

Telephone

01353863038

Next Accounts Due

September 2024

Group Structure

View All

Directors

James Thurlow23 Years

Sally Tew18 Years

View All

Shareholders

george thurlow & sons (holdings) ltd 100%

thurlow nunn (holdings) limited Estimated Valuation

£1b

Pomanda estimates the enterprise value of THURLOW NUNN (HOLDINGS) LIMITED at £1b based on a Turnover of £246.1m and 4.1x industry multiple (adjusted for size and gross margin).

thurlow nunn (holdings) limited Estimated Valuation

£25m

Pomanda estimates the enterprise value of THURLOW NUNN (HOLDINGS) LIMITED at £25m based on an EBITDA of £3m and a 8.22x industry multiple (adjusted for size and gross margin).

thurlow nunn (holdings) limited Estimated Valuation

£72.1m

Pomanda estimates the enterprise value of THURLOW NUNN (HOLDINGS) LIMITED at £72.1m based on Net Assets of £27.5m and 2.62x industry multiple (adjusted for liquidity).

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Thurlow Nunn (holdings) Limited Overview

Thurlow Nunn (holdings) Limited is a live company located in cambridgeshire, CB6 1RA with a Companies House number of 00492217. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1951, it's largest shareholder is george thurlow & sons (holdings) ltd with a 100% stake. Thurlow Nunn (holdings) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £246.1m with low growth in recent years.

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Thurlow Nunn (holdings) Limited Health Check

Pomanda's financial health check has awarded Thurlow Nunn (Holdings) Limited a 4 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 Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £246.1m, make it larger than the average company (£10.5m)

£246.1m - Thurlow Nunn (holdings) Limited

£10.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.2%)

4% - Thurlow Nunn (holdings) Limited

2.2% - Industry AVG

production

Production

with a gross margin of 15.2%, this company has a higher cost of product (51.7%)

15.2% - Thurlow Nunn (holdings) Limited

51.7% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (20.2%)

0.8% - Thurlow Nunn (holdings) Limited

20.2% - Industry AVG

employees

Employees

with 627 employees, this is above the industry average (61)

627 - Thurlow Nunn (holdings) Limited

61 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.2k, the company has an equivalent pay structure (£38.4k)

£31.2k - Thurlow Nunn (holdings) Limited

£38.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £392.5k, this is more efficient (£187.7k)

£392.5k - Thurlow Nunn (holdings) Limited

£187.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is earlier than average (41 days)

12 days - Thurlow Nunn (holdings) Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (39 days)

38 days - Thurlow Nunn (holdings) Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 77 days, this is more than average (58 days)

77 days - Thurlow Nunn (holdings) Limited

58 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)

1 weeks - Thurlow Nunn (holdings) Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.1%, this is a similar level of debt than the average (63.6%)

65.1% - Thurlow Nunn (holdings) Limited

63.6% - Industry AVG

THURLOW NUNN (HOLDINGS) LIMITED financials

EXPORTms excel logo

Thurlow Nunn (Holdings) Limited's latest turnover from December 2022 is £246.1 million and the company has net assets of £27.5 million. According to their latest financial statements, Thurlow Nunn (Holdings) Limited has 627 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover246,094,000226,547,000186,524,000219,258,000211,064,000217,667,000229,081,000204,198,000158,233,000141,435,000135,740,000108,768,000105,833,000103,369,000
Other Income Or Grants00000000000000
Cost Of Sales208,637,000190,792,000157,633,000186,462,000180,432,000184,435,000197,658,000174,544,000135,104,000121,825,000117,472,00093,266,00090,722,00088,639,000
Gross Profit37,457,00035,755,00028,891,00032,796,00030,632,00033,232,00031,423,00029,654,00023,129,00019,610,00018,268,00015,502,00015,111,00014,730,000
Admin Expenses35,441,00031,223,00025,375,00031,367,00031,759,00030,591,00028,831,00027,138,00019,866,00017,252,00016,516,00013,797,00013,306,00013,278,000
Operating Profit2,016,0004,532,0003,516,0001,429,000-1,127,0002,641,0002,592,0002,516,0003,263,0002,358,0001,752,0001,705,0001,805,0001,452,000
Interest Payable812,000487,000777,0001,085,000690,000714,000973,000916,000612,000455,000330,000251,000279,000251,000
Interest Receivable2,000002,00015,0000008,0003,0000006,000
Pre-Tax Profit1,206,0004,045,0002,739,000346,000-2,073,0001,927,0001,619,0001,600,0002,659,0001,906,0001,422,0001,454,0001,526,0001,207,000
Tax-188,000-788,000-388,000-109,000145,000-392,000-392,000-328,000-648,000-396,000-220,000-415,000-431,000-193,000
Profit After Tax1,018,0003,257,0002,351,000237,000-1,928,0001,535,0001,227,0001,272,0002,011,0001,510,0001,202,0001,039,0001,095,0001,014,000
Dividends Paid00181,0000072,00072,00090,00090,00090,00090,00090,00090,00061,000
Retained Profit1,018,0003,257,0002,170,000237,000-1,928,0001,483,0001,156,0001,173,0001,913,0001,413,0001,108,000946,0001,002,000951,000
Employee Costs19,562,00021,098,00019,222,00021,008,00020,806,00020,632,00019,162,00018,371,00013,620,00012,545,00012,379,00010,922,00010,594,00010,355,000
Number Of Employees627604594641641668660641468425466393393399
EBITDA*3,046,0005,596,0004,594,0002,416,00097,0003,798,0003,812,0003,674,0004,192,0003,020,0002,420,0002,252,0002,341,0001,969,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets22,086,00022,280,00022,090,00023,982,00021,748,00017,416,00016,841,00017,194,00016,619,00016,041,00010,788,00010,366,00010,221,00010,359,000
Intangible Assets00000309,000472,000704,000434,00065,00071,000000
Investments & Other000002,260,0002,260,0002,260,0001,926,0002,001,000966,000965,000964,000875,000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets22,086,00022,280,00022,090,00023,982,00021,748,00019,985,00019,573,00020,158,00018,979,00018,107,00011,825,00011,331,00011,185,00011,234,000
Stock & work in progress44,559,00042,346,00043,755,00048,999,00054,373,00041,113,00041,638,00032,615,00025,042,00019,624,00020,189,00012,755,00013,075,0009,859,000
Trade Debtors8,744,0008,653,0007,955,0007,820,0009,499,0009,513,0008,888,00010,084,0007,228,0006,150,0006,624,0003,940,0004,347,0003,315,000
Group Debtors5,0000000000000000
Misc Debtors1,786,0002,484,0002,378,0002,499,0003,102,0002,548,0002,850,00002,158,0001,466,0001,228,000727,000714,000917,000
Cash1,439,00006,0006,0006,0007,0006,000117,0006,000821,000333,0001,679,000615,000577,000
misc current assets00000000000000
total current assets56,533,00053,483,00054,094,00059,324,00066,980,00053,181,00053,382,00042,816,00034,434,00028,061,00028,374,00019,101,00018,751,00014,668,000
total assets78,619,00075,763,00076,184,00083,306,00088,728,00073,166,00072,955,00062,974,00053,413,00046,168,00040,199,00030,432,00029,936,00025,902,000
Bank overdraft919,000758,000900,0005,197,0005,301,0003,066,00051,00001,846,0002,710,0001,230,0001,225,0001,217,000854,000
Bank loan000003,049,0001,783,0000367,0000120,000125,0000218,000
Trade Creditors 22,017,00019,353,00021,945,00023,889,00025,405,00017,998,00020,387,00036,160,0008,755,0007,994,0006,320,0005,595,0007,148,0004,457,000
Group/Directors Accounts0000000085,000135,000110,00060,00085,000162,000
other short term finances21,632,00021,320,00022,841,00022,948,00026,176,00019,732,00020,925,000013,039,0008,293,00010,386,0004,949,000206,000334,000
hp & lease commitments40,00027,0004,0000056,00081,0000154,00061,00014,00010,00010,0000
other current liabilities4,458,0004,588,0003,559,0004,868,0005,771,0004,638,0004,198,00003,548,0004,244,0004,151,0003,283,0006,804,0005,938,000
total current liabilities49,066,00046,046,00049,249,00056,902,00062,653,00048,539,00047,425,00036,160,00027,794,00023,437,00022,331,00015,247,00015,470,00011,963,000
loans1,425,0002,344,0002,723,0003,812,00001,458,0003,307,0005,090,0004,647,0005,013,0001,771,000184,000397,000883,000
hp & lease commitments101,000014,00000056,000117,000127,00083,00008,00019,0000
Accruals and Deferred Income00000000000000
other liabilities00003,453,000000000000
provisions562,000544,00084,000411,000302,000372,000078,00005,0005,00013,00019,00032,000
total long term liabilities2,088,0002,888,0003,719,0004,384,0003,867,0001,830,0006,039,0007,310,0008,137,0005,101,0001,776,000205,000435,000915,000
total liabilities51,154,00048,934,00052,968,00061,286,00066,520,00050,369,00053,464,00043,470,00035,931,00028,538,00024,107,00015,452,00015,905,00012,878,000
net assets27,465,00026,829,00023,216,00022,020,00022,208,00022,721,00019,395,00019,447,00017,434,00017,590,00016,059,00014,951,00014,005,00013,001,000
total shareholders funds27,465,00026,829,00023,216,00022,020,00022,208,00022,721,00019,395,00019,447,00017,434,00017,590,00016,059,00014,951,00014,005,00013,001,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,016,0004,532,0003,516,0001,429,000-1,127,0002,641,0002,592,0002,516,0003,263,0002,358,0001,752,0001,705,0001,805,0001,452,000
Depreciation1,030,0001,064,0001,078,000987,0001,068,000995,000988,000914,000816,000624,000654,000547,000536,000517,000
Amortisation0000156,000162,000232,000244,000113,00038,00014,000000
Tax-188,000-788,000-388,000-109,000145,000-392,000-392,000-328,000-648,000-396,000-220,000-415,000-431,000-193,000
Stock2,213,000-1,409,000-5,244,000-5,374,00013,260,000-525,0009,023,0007,573,0005,418,000-565,0007,434,000-320,0003,216,0009,859,000
Debtors-602,000804,00014,000-2,282,000540,000323,0001,654,000698,0001,770,000-236,0003,185,000-394,000829,0004,232,000
Creditors2,664,000-2,592,000-1,944,000-1,516,0007,407,000-2,389,000-15,773,00027,405,000761,0001,674,000725,000-1,553,0002,691,0004,457,000
Accruals and Deferred Income-130,0001,029,000-1,309,000-903,0001,133,000440,0004,198,000-3,548,000-696,00093,000868,000-3,521,000866,0005,938,000
Deferred Taxes & Provisions18,000460,000-327,000109,000-70,000372,000-78,00078,000-5,0000-8,000-6,000-13,00032,000
Cash flow from operations3,799,0004,310,0005,856,0007,653,000-5,088,0002,031,000-18,910,00019,010,000-3,584,0005,192,000-6,834,000-2,529,0001,409,000-1,888,000
Investing Activities
capital expenditure0000-1,058,000-1,566,000-603,000-1,189,000-755,000-6,128,000-661,000-676,000-431,000-399,000
Change in Investments0000-2,260,00000334,000-75,0001,035,0001,0001,00089,000875,000
cash flow from investments00001,202,000-1,566,000-603,000-1,523,000-680,000-7,163,000-662,000-677,000-520,000-1,274,000
Financing Activities
Bank loans0000-3,049,0001,266,0001,783,000-367,000367,000-120,000-5,000125,000-218,000218,000
Group/Directors Accounts0000000-85,000-50,00025,00050,000-25,000-77,000162,000
Other Short Term Loans 312,000-1,521,000-107,000-3,228,0006,444,000-1,193,00020,925,000-13,039,0004,746,000-2,093,0005,437,0004,743,000-128,000334,000
Long term loans-919,000-379,000-1,089,0003,812,000-1,458,000-1,849,000-1,783,000443,000-366,0003,242,0001,587,000-213,000-486,000883,000
Hire Purchase and Lease Commitments114,0009,00018,0000-56,000-81,00020,000-164,000137,000130,000-4,000-11,00029,0000
other long term liabilities000-3,453,0003,453,000000000000
share issue-382,000356,000-974,000-425,0001,415,0001,843,000-1,208,000840,000-2,069,000118,000002,00012,050,000
interest-810,000-487,000-777,000-1,083,000-675,000-714,000-973,000-916,000-604,000-452,000-330,000-251,000-279,000-245,000
cash flow from financing-1,685,000-2,022,000-2,929,000-4,377,0006,074,000-728,00018,764,000-13,288,0002,161,000850,0006,735,0004,368,000-1,157,00013,402,000
cash and cash equivalents
cash1,439,000-6,00000-1,0001,000-111,000111,000-815,000488,000-1,346,0001,064,00038,000577,000
overdraft161,000-142,000-4,297,000-104,0002,235,0003,015,00051,000-1,846,000-864,0001,480,0005,0008,000363,000854,000
change in cash1,278,000136,0004,297,000104,000-2,236,000-3,014,000-162,0001,957,00049,000-992,000-1,351,0001,056,000-325,000-277,000

thurlow nunn (holdings) 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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Thurlow Nunn (holdings) Limited Competitor Analysis

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thurlow nunn (holdings) limited Ownership

THURLOW NUNN (HOLDINGS) LIMITED group structure

Thurlow Nunn (Holdings) Limited has 5 subsidiary companies.

THURLOW NUNN (HOLDINGS) LIMITED Shareholders

george thurlow & sons (holdings) ltd 100%

thurlow nunn (holdings) limited directors

Thurlow Nunn (Holdings) Limited currently has 5 directors. The longest serving directors include Mr James Thurlow (Jan 2001) and Mrs Sally Tew (Aug 2005).

officercountryagestartendrole
Mr James Thurlow52 years Jan 2001- Director
Mrs Sally Tew60 years Aug 2005- Director
Mr William Tew33 years Nov 2018- Director
Mr Samuel Billing39 years Mar 2023- Director
Mr James BirtwhistleEngland45 years Jul 2023- Director

P&L

December 2022

turnover

246.1m

+9%

operating profit

2m

-56%

gross margin

15.3%

-3.56%

turnover

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

Balance Sheet

December 2022

net assets

27.5m

+0.02%

total assets

78.6m

+0.04%

cash

1.4m

0%

net assets

Total assets minus all liabilities

thurlow nunn (holdings) limited company details

company number

00492217

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

70100 - Activities of head offices

incorporation date

March 1951

age

73

accounts

Group

previous names

thurlow nunn standen limited (February 2005)

thurlow nunn (holdings) limited (January 1989)

incorporated

UK

address

wisbech road, littleport, cambridgeshire, CB6 1RA

last accounts submitted

December 2022

thurlow nunn (holdings) 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 22 charges/mortgages relating to thurlow nunn (holdings) limited. Currently there are 13 open charges and 9 have been satisfied in the past.

charges

thurlow nunn (holdings) limited Companies House Filings - See Documents

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