Pomanda estimates the enterprise value of NICKS & COMPANY(TIMBER)LIMITED at £1.9m based on a Turnover of £3.2m and 0.59x industry multiple (adjusted for size and gross margin).
nicks & company(timber)limitedEstimated Valuation
£880.4k
Pomanda estimates the enterprise value of NICKS & COMPANY(TIMBER)LIMITED at £880.4k based on an EBITDA of £206.1k and a 4.27x industry multiple (adjusted for size and gross margin).
nicks & company(timber)limitedEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of NICKS & COMPANY(TIMBER)LIMITED at £1.6m based on Net Assets of £1.3m and 1.16x industry multiple (adjusted for liquidity).
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Nicks & Company(timber)limitedOverview
Nicks & Company(timber)limited is a live company located in gloucester, GL1 5TE with a Companies House number of 00647862. It operates in the logging sector, SIC Code 02200. Founded in January 1960, it's largest shareholder is
brittons holdings ltd
with a 50% stake. Nicks & Company(timber)limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Nicks & Company(Timber)Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
4 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£9m)
£3.2m - Nicks & Company(timber)limited
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7.6%)
-19% - Nicks & Company(timber)limited
7.6% - Industry AVG
Production
with a gross margin of 29.5%, this company has a lower cost of product (13.2%)
29.5% - Nicks & Company(timber)limited
13.2% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (7.1%)
3.6% - Nicks & Company(timber)limited
7.1% - Industry AVG
Employees
with 28 employees, this is similar to the industry average (27)
28 - Nicks & Company(timber)limited
27 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
£46k - Nicks & Company(timber)limited
£46k - Industry AVG
Efficiency
resulting in sales per employee of £113.7k, this is less efficient (£300.9k)
£113.7k - Nicks & Company(timber)limited
£300.9k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (30 days)
39 days - Nicks & Company(timber)limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (47 days)
76 days - Nicks & Company(timber)limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 70 days, this is more than average (18 days)
70 days - Nicks & Company(timber)limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 59 weeks, this is average cash available to meet short term requirements (59 weeks)
59 weeks - Nicks & Company(timber)limited
59 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.1%, this is a similar level of debt than the average (36.1%)
36.1% - Nicks & Company(timber)limited
36.1% - Industry AVG
NICKS & COMPANY(TIMBER)LIMITED financials
EXPORT
Nicks & Company(Timber)Limited's latest turnover from April 2024 is £3.2 million and the company has net assets of £1.3 million. According to their latest financial statements, Nicks & Company(Timber)Limited has 28 employees and maintains cash reserves of £713.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
3,184,667
3,774,346
9,230,734
5,913,378
9,541,490
8,558,141
7,497,481
6,738,049
4,010,039
3,111,234
3,766,901
5,709,026
2,481,715
3,469,957
3,602,231
Other Income Or Grants
Cost Of Sales
2,246,852
2,565,698
8,553,620
4,762,903
8,228,101
7,250,078
6,071,317
5,622,209
3,430,097
1,817,250
2,197,110
4,158,543
1,904,989
2,895,366
2,950,881
Gross Profit
937,815
1,208,648
677,114
1,150,475
1,313,389
1,308,062
1,426,163
1,115,840
579,942
1,293,983
1,569,791
1,550,483
576,726
574,591
651,350
Admin Expenses
823,585
733,613
316,323
470,507
1,296,000
1,197,514
1,332,451
926,538
446,677
1,234,798
1,545,643
1,571,363
619,811
689,901
681,159
-568,694
Operating Profit
114,230
475,035
360,791
679,968
17,389
110,548
93,712
189,302
133,265
59,185
24,148
-20,880
-43,085
-115,310
-29,809
568,694
Interest Payable
6,789
8,386
813
2,410
4,375
5,808
7,076
4,063
15,119
17,618
20,155
4,526
Interest Receivable
7,364
791
339
683
360
353
470
6
6
5
62
18
390
29
Pre-Tax Profit
107,441
466,649
368,154
679,946
15,319
106,856
88,264
182,579
129,673
59,191
24,154
-20,875
-58,142
-225,102
-49,574
564,197
Tax
-44,812
-96,902
-69,949
-129,190
-2,911
-20,303
-16,770
-34,690
-25,934
-11,838
-5,072
-157,975
Profit After Tax
62,629
369,747
298,205
550,756
12,408
86,553
71,494
147,889
103,738
47,353
19,082
-20,875
-58,142
-225,102
-49,574
406,222
Dividends Paid
Retained Profit
62,629
369,747
298,205
550,756
12,408
86,553
71,494
147,889
103,738
47,353
19,082
-20,875
-58,142
-225,102
-49,574
406,222
Employee Costs
1,286,884
1,307,988
1,193,931
1,152,894
1,223,491
1,175,686
1,151,700
1,023,500
422,986
245,937
339,719
723,486
393,261
730,795
758,181
Number Of Employees
28
27
27
26
24
24
24
23
11
8
10
24
13
49
46
EBITDA*
206,070
566,147
447,203
749,268
78,136
162,954
132,232
225,223
171,506
93,723
53,080
14,939
4,868
-60,064
31,525
630,662
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
499,491
466,513
529,522
505,878
435,271
457,262
394,254
390,183
351,837
289,793
317,219
329,792
354,458
380,381
409,024
465,326
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
60,000
60,000
Total Fixed Assets
499,491
466,513
529,522
505,878
435,271
457,262
394,254
390,183
351,837
289,793
317,219
329,792
354,458
380,381
469,024
525,326
Stock & work in progress
432,109
390,055
420,935
493,860
209,709
369,341
326,695
260,848
262,639
350,148
385,095
292,825
211,721
394,867
488,954
469,529
Trade Debtors
345,425
296,282
498,668
306,259
154,243
458,175
270,007
294,418
258,709
324,334
353,573
328,319
355,529
549,350
565,467
584,105
Group Debtors
Misc Debtors
115,896
82,974
64,226
22,162
71,162
63,818
75,687
57,274
53,338
65,501
75,176
Cash
713,167
886,029
927,670
1,035,994
545,013
133,506
48,567
95,336
186,890
1,161
1,417
1,087
1,087
23,861
4,403
11,794
misc current assets
total current assets
1,606,597
1,655,340
1,911,499
1,858,275
980,127
1,024,840
720,956
707,876
761,576
675,643
740,085
622,231
568,337
1,033,579
1,134,000
1,065,428
total assets
2,106,088
2,121,853
2,441,021
2,364,153
1,415,398
1,482,102
1,115,210
1,098,059
1,113,413
965,436
1,057,304
952,023
922,795
1,413,960
1,603,024
1,590,754
Bank overdraft
25,000
25,000
25,000
25,000
25,000
139,273
Bank loan
117,711
164,166
Trade Creditors
468,912
358,511
717,809
791,442
504,619
647,367
418,356
454,627
474,145
786,372
925,943
834,294
779,382
649,804
591,872
640,210
Group/Directors Accounts
27
other short term finances
347,500
323,622
hp & lease commitments
43,513
20,023
32,649
32,043
19,437
24,636
12,137
1,275
3,825
17,048
15,647
other current liabilities
116,121
194,456
158,270
282,308
213,486
97,050
96,703
111,755
231,466
68,064
73,315
312,742
total current liabilities
628,546
572,990
908,728
1,105,793
762,542
794,053
552,196
592,657
734,436
786,372
925,943
834,294
779,382
1,200,127
1,168,649
1,092,225
loans
1,641
27,375
52,267
76,428
100,000
hp & lease commitments
68,705
29,391
49,364
81,368
37,883
55,832
6,062
1,275
27,287
22,727
Accruals and Deferred Income
other liabilities
5,100
4,750
10,200
15,009
37,307
provisions
62,204
34,718
37,922
30,190
17,286
21,204
7,600
3,383
total long term liabilities
130,909
64,109
87,286
111,558
56,810
104,411
65,929
79,811
101,275
5,100
4,750
10,200
15,009
27,287
22,727
37,307
total liabilities
759,455
637,099
996,014
1,217,351
819,352
898,464
618,125
672,468
835,711
791,472
930,693
844,494
794,391
1,227,414
1,191,376
1,129,532
net assets
1,346,633
1,484,754
1,445,007
1,146,802
596,046
583,638
497,085
425,591
277,702
173,964
126,611
107,529
128,404
186,546
411,648
461,222
total shareholders funds
1,346,633
1,484,754
1,445,007
1,146,802
596,046
583,638
497,085
425,591
277,702
173,964
126,611
107,529
128,404
186,546
411,648
461,222
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
114,230
475,035
360,791
679,968
17,389
110,548
93,712
189,302
133,265
59,185
24,148
-20,880
-43,085
-115,310
-29,809
568,694
Depreciation
91,840
91,112
86,412
69,300
60,747
52,406
38,520
35,921
38,241
34,538
28,932
35,819
47,953
55,246
61,334
61,968
Amortisation
Tax
-44,812
-96,902
-69,949
-129,190
-2,911
-20,303
-16,770
-34,690
-25,934
-11,838
-5,072
-157,975
Stock
42,054
-30,880
-72,925
284,151
-159,632
42,646
65,847
-1,791
-87,509
-34,947
92,270
81,104
-183,146
-94,087
19,425
469,529
Debtors
82,065
-183,638
234,473
103,016
-296,588
176,299
-5,998
39,645
-12,287
-29,239
25,254
-27,210
-259,322
-85,792
56,538
644,105
Creditors
110,401
-359,298
-73,633
286,823
-142,748
229,011
-36,271
-19,518
-312,227
-139,571
91,649
54,912
129,578
57,932
-48,338
640,210
Accruals and Deferred Income
-78,335
36,186
-124,038
68,822
116,436
347
-15,052
-119,711
231,466
-68,064
-5,251
-239,427
312,742
Deferred Taxes & Provisions
27,486
-3,204
7,732
12,904
-3,918
13,604
4,217
3,383
Cash flow from operations
96,691
357,447
25,767
601,460
501,215
166,668
8,507
16,833
164,607
6,500
22,133
15,957
508,850
172,496
-332,203
312,005
Investing Activities
capital expenditure
-124,818
-28,103
-110,056
-139,907
-38,756
-115,414
-42,591
-74,267
-100,285
-7,112
-16,359
-11,153
-22,030
-26,603
-5,032
-527,294
Change in Investments
cash flow from investments
-124,818
-28,103
-110,056
-139,907
-38,756
-115,414
-42,591
-74,267
-100,285
-7,112
-16,359
-11,153
-22,030
-26,603
-5,032
-527,294
Financing Activities
Bank loans
-117,711
-46,455
164,166
Group/Directors Accounts
-27
27
Other Short Term Loans
-347,500
23,878
323,622
Long term loans
-1,641
-25,734
-24,892
-24,161
-23,572
100,000
Hire Purchase and Lease Commitments
62,804
-32,599
-31,398
56,091
-23,148
62,269
16,924
-3,825
5,100
-44,335
5,961
38,374
other long term liabilities
-5,100
350
-5,450
-4,809
15,009
-37,307
37,307
share issue
-200,750
-330,000
55,000
interest
-6,789
-8,386
7,364
-22
-2,071
-3,692
-5,448
-6,723
-3,593
6
6
5
-15,057
-17,600
-19,765
-4,497
cash flow from financing
-144,735
-370,985
-24,034
54,428
-50,953
33,685
-12,685
-34,120
96,407
356
-5,444
-4,804
-509,594
-34,243
469,117
87,810
cash and cash equivalents
cash
-172,862
-41,641
-108,324
490,981
411,507
84,939
-46,769
-91,554
185,729
-256
330
-22,774
19,458
-7,391
11,794
overdraft
-25,000
25,000
-139,273
139,273
change in cash
-172,862
-41,641
-108,324
515,981
411,507
84,939
-46,769
-91,554
160,729
-256
330
-22,774
19,458
131,882
-127,479
nicks & company(timber)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 nicks & company(timber)limited. Get real-time insights into nicks & company(timber)limited's credit score, group structure and payment trends.
Perform a competitor analysis for nicks & company(timber)limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in GL1 area or any other competitors across 12 key performance metrics.
nicks & company(timber)limited Ownership
NICKS & COMPANY(TIMBER)LIMITED group structure
Nicks & Company(Timber)Limited has no subsidiary companies.
The largest shareholders in Nicks & Company(Timber)Limited include Brittons Holdings Ltd and Philip John Mccormick.
brittons holdings ltd
50%
philip john mccormick
33.33%
rob drury-dryden
16.67%
nicks & company(timber)limited directors
Nicks & Company(Timber)Limited currently has 3 directors.
The longest serving directors include
Mr Philip McCormick (Feb 1998) and
Mr Michael Britton (Jan 2013).
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 11 charges/mortgages relating to nicks & company(timber)limited. Currently there are 1 open charges and 10 have been satisfied in the past.
nicks & company(timber)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 NICKS & COMPANY(TIMBER)LIMITED. This can take several minutes, an email will notify you when this has completed.
nicks & company(timber)limitedCompanies House Filings - See Documents
