a. ainsworth & sons (jewellers) limited Company Information
Company Number
00600574
Next Accounts
Dec 2024
Industry
Retail sale of watches and jewellery in specialised stores
Shareholders
philip john ainsworth
Group Structure
View All
Contact
Registered Address
57- 59 darwen street, blackburn, BB2 2BW
Website
www.ainsworthjewellers.coma. ainsworth & sons (jewellers) limited Estimated Valuation
Pomanda estimates the enterprise value of A. AINSWORTH & SONS (JEWELLERS) LIMITED at £162.8k based on a Turnover of £452.5k and 0.36x industry multiple (adjusted for size and gross margin).
a. ainsworth & sons (jewellers) limited Estimated Valuation
Pomanda estimates the enterprise value of A. AINSWORTH & SONS (JEWELLERS) LIMITED at £150.2k based on an EBITDA of £52.1k and a 2.88x industry multiple (adjusted for size and gross margin).
a. ainsworth & sons (jewellers) limited Estimated Valuation
Pomanda estimates the enterprise value of A. AINSWORTH & SONS (JEWELLERS) LIMITED at £0 based on Net Assets of £-48.4k and 2.93x industry multiple (adjusted for liquidity).
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A. Ainsworth & Sons (jewellers) Limited Overview
A. Ainsworth & Sons (jewellers) Limited is a live company located in blackburn, BB2 2BW with a Companies House number of 00600574. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in March 1958, it's largest shareholder is philip john ainsworth with a 100% stake. A. Ainsworth & Sons (jewellers) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £452.5k with declining growth in recent years.
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A. Ainsworth & Sons (jewellers) Limited Health Check
Pomanda's financial health check has awarded A. Ainsworth & Sons (Jewellers) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £452.5k, make it smaller than the average company (£9.2m)
- A. Ainsworth & Sons (jewellers) Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (10.8%)
- A. Ainsworth & Sons (jewellers) Limited
10.8% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- A. Ainsworth & Sons (jewellers) Limited
35.1% - Industry AVG
Profitability
an operating margin of 10.4% make it as profitable than the average company (9%)
- A. Ainsworth & Sons (jewellers) Limited
9% - Industry AVG
Employees
with 3 employees, this is below the industry average (27)
3 - A. Ainsworth & Sons (jewellers) Limited
27 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
- A. Ainsworth & Sons (jewellers) Limited
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £150.8k, this is less efficient (£209.9k)
- A. Ainsworth & Sons (jewellers) Limited
£209.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- A. Ainsworth & Sons (jewellers) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (40 days)
- A. Ainsworth & Sons (jewellers) Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 407 days, this is more than average (197 days)
- A. Ainsworth & Sons (jewellers) Limited
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - A. Ainsworth & Sons (jewellers) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.1%, this is a higher level of debt than the average (57.8%)
110.1% - A. Ainsworth & Sons (jewellers) Limited
57.8% - Industry AVG
A. AINSWORTH & SONS (JEWELLERS) LIMITED financials
A. Ainsworth & Sons (Jewellers) Limited's latest turnover from March 2023 is estimated at £452.5 thousand and the company has net assets of -£48.4 thousand. According to their latest financial statements, A. Ainsworth & Sons (Jewellers) Limited has 3 employees and maintains cash reserves of £4.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 3 | 3 | 3 | 2 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 149,076 | 152,890 | 157,375 | 158,777 | 162,890 | 167,095 | 171,600 | 175,905 | 179,117 | 183,677 | 188,440 | 190,216 | 194,805 | 199,665 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 200 | 200 | 200 | 0 | 0 | 0 | 0 | 200 | 200 | 200 | 200 | 200 | 200 | 200 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 149,276 | 153,090 | 157,575 | 158,777 | 162,890 | 167,095 | 171,600 | 176,105 | 179,317 | 183,877 | 188,640 | 190,416 | 195,005 | 199,865 |
Stock & work in progress | 327,500 | 327,228 | 261,640 | 0 | 0 | 0 | 0 | 294,173 | 298,759 | 301,604 | 284,769 | 279,832 | 270,958 | 259,593 |
Trade Debtors | 0 | 0 | 0 | 299,057 | 302,807 | 263,841 | 289,580 | 1,481 | 2,468 | 1,325 | 325 | 324 | 6,807 | 6,102 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 325 | 3,344 | 6,030 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 4,113 | 547 | 676 | 0 | 0 | 0 | 0 | 330 | 408 | 675 | 317 | 775 | 472 | 545 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 331,938 | 331,119 | 268,346 | 299,057 | 302,807 | 263,841 | 289,580 | 295,984 | 301,635 | 303,604 | 285,411 | 280,931 | 278,237 | 266,240 |
total assets | 481,214 | 484,209 | 425,921 | 457,834 | 465,697 | 430,936 | 461,180 | 472,089 | 480,952 | 487,481 | 474,051 | 471,347 | 473,242 | 466,105 |
Bank overdraft | 28,906 | 29,755 | 26,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 45,916 | 74,972 | 25,038 | 513,599 | 487,215 | 426,270 | 424,359 | 405,957 | 366,786 | 343,031 | 309,392 | 313,294 | 304,611 | 280,481 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 441,348 | 439,325 | 447,317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 516,170 | 544,052 | 499,353 | 513,599 | 487,215 | 426,270 | 424,359 | 405,957 | 366,786 | 343,031 | 309,392 | 313,294 | 304,611 | 280,481 |
loans | 13,435 | 19,404 | 27,802 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,698 | 12,741 | 18,774 | 24,000 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 13,435 | 19,404 | 27,802 | 0 | 0 | 0 | 0 | 6,698 | 12,741 | 18,774 | 24,000 | 0 | 0 | 0 |
total liabilities | 529,605 | 563,456 | 527,155 | 513,599 | 487,215 | 426,270 | 424,359 | 412,655 | 379,527 | 361,805 | 333,392 | 313,294 | 304,611 | 280,481 |
net assets | -48,391 | -79,247 | -101,234 | -55,765 | -21,518 | 4,666 | 36,821 | 59,434 | 101,425 | 125,676 | 140,659 | 158,053 | 168,631 | 185,624 |
total shareholders funds | -48,391 | -79,247 | -101,234 | -55,765 | -21,518 | 4,666 | 36,821 | 59,434 | 101,425 | 125,676 | 140,659 | 158,053 | 168,631 | 185,624 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 5,039 | 5,127 | 4,695 | 4,560 | 4,763 | 5,023 | 4,589 | 4,860 | 1,654 | |||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Tax | ||||||||||||||
Stock | 272 | 65,588 | 261,640 | 0 | 0 | 0 | -294,173 | -4,586 | -2,845 | 16,835 | 4,937 | 8,874 | 11,365 | 259,593 |
Debtors | -3,019 | -2,686 | -293,027 | -3,750 | 38,966 | -25,739 | 288,099 | -987 | 1,143 | 1,000 | 1 | -6,483 | 705 | 6,102 |
Creditors | -29,056 | 49,934 | -488,561 | 26,384 | 60,945 | 1,911 | 18,402 | 39,171 | 23,755 | 33,639 | -3,902 | 8,683 | 24,130 | 280,481 |
Accruals and Deferred Income | 2,023 | -7,992 | 447,317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 200 | 0 | 0 | 0 | -200 | 0 | 0 | 0 | 0 | 0 | 0 | 200 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -5,969 | -8,398 | 27,802 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -6,698 | -6,043 | -6,033 | -5,226 | 24,000 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 3,566 | -129 | 676 | 0 | 0 | 0 | -330 | -78 | -267 | 358 | -458 | 303 | -73 | 545 |
overdraft | -849 | 2,757 | 26,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 4,415 | -2,886 | -26,322 | 0 | 0 | 0 | -330 | -78 | -267 | 358 | -458 | 303 | -73 | 545 |
a. ainsworth & sons (jewellers) limited Credit Report and Business Information
A. Ainsworth & Sons (jewellers) Limited Competitor Analysis
Perform a competitor analysis for a. ainsworth & sons (jewellers) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BB2 area or any other competitors across 12 key performance metrics.
a. ainsworth & sons (jewellers) limited Ownership
A. AINSWORTH & SONS (JEWELLERS) LIMITED group structure
A. Ainsworth & Sons (Jewellers) Limited has no subsidiary companies.
Ultimate parent company
A. AINSWORTH & SONS (JEWELLERS) LIMITED
00600574
a. ainsworth & sons (jewellers) limited directors
A. Ainsworth & Sons (Jewellers) Limited currently has 3 directors. The longest serving directors include Mr Kenneth Ainsworth (Oct 1991) and Mr Philip Ainsworth (Aug 1995).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kenneth Ainsworth | England | 86 years | Oct 1991 | - | Director |
Mr Philip Ainsworth | England | 58 years | Aug 1995 | - | Director |
Miss Helen Dimmick | United Kingdom | 51 years | Nov 2023 | - | Director |
P&L
March 2023turnover
452.5k
-1%
operating profit
47k
0%
gross margin
35.2%
-0.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-48.4k
-0.39%
total assets
481.2k
-0.01%
cash
4.1k
+6.52%
net assets
Total assets minus all liabilities
a. ainsworth & sons (jewellers) limited company details
company number
00600574
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
March 1958
age
66
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
57- 59 darwen street, blackburn, BB2 2BW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
a. ainsworth & sons (jewellers) 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 2 charges/mortgages relating to a. ainsworth & sons (jewellers) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
a. ainsworth & sons (jewellers) limited Companies House Filings - See Documents
date | description | view/download |
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