Pomanda estimates the enterprise value of NICHOLS BROS (WOOD TURNERS) LIMITED at £204.2k based on a Turnover of £527.3k and 0.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of NICHOLS BROS (WOOD TURNERS) LIMITED at £0 based on an EBITDA of £-8.5k and a 2.93x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of NICHOLS BROS (WOOD TURNERS) LIMITED at £0 based on Net Assets of £-53.5k and 1.31x industry multiple (adjusted for liquidity).
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Nichols Bros (wood Turners) LimitedOverview
Nichols Bros (wood Turners) Limited is a live company located in essex, CM16 4HG with a Companies House number of 00697291. It operates in the manufacture of other products of wood sector, SIC Code 16290. Founded in July 1961, it's largest shareholder is
mr geoffrey nichols
with a 69.3% stake. Nichols Bros (wood Turners) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£527.3k with
high
growth in recent years.
Pomanda's financial health check has awarded Nichols Bros (Wood Turners) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £527.3k, make it smaller than the average company (£13.7m)
£527.3k - Nichols Bros (wood Turners) Limited
£13.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.7%)
17% - Nichols Bros (wood Turners) Limited
6.7% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (30.2%)
22.6% - Nichols Bros (wood Turners) Limited
30.2% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (5.7%)
-1.6% - Nichols Bros (wood Turners) Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (72)
2 - Nichols Bros (wood Turners) Limited
72 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
£37k - Nichols Bros (wood Turners) Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £263.6k, this is more efficient (£163.2k)
£263.6k - Nichols Bros (wood Turners) Limited
£163.2k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (42 days)
62 days - Nichols Bros (wood Turners) Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 176 days, this is slower than average (41 days)
176 days - Nichols Bros (wood Turners) Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nichols Bros (wood Turners) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nichols Bros (wood Turners) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.1%, this is a higher level of debt than the average (49.6%)
137.1% - Nichols Bros (wood Turners) Limited
49.6% - Industry AVG
NICHOLS BROS (WOOD TURNERS) LIMITED financials
EXPORT
Nichols Bros (Wood Turners) Limited's latest turnover from September 2024 is estimated at £527.3 thousand and the company has net assets of -£53.5 thousand. According to their latest financial statements, Nichols Bros (Wood Turners) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
527,273
555,328
401,249
328,281
284,286
232,819
210,314
220,823
167,249
176,048
180,092
281,233
307,083
267,035
231,781
Other Income Or Grants
Cost Of Sales
408,140
439,080
315,389
260,362
225,367
180,616
168,896
175,040
127,060
138,725
142,861
220,278
241,629
218,871
184,176
Gross Profit
119,133
116,249
85,860
67,918
58,919
52,203
41,418
45,782
40,190
37,323
37,231
60,955
65,454
48,163
47,605
Admin Expenses
127,672
84,036
94,287
85,752
56,599
72,585
52,025
60,956
42,547
29,579
15,092
34,209
88,386
74,431
47,486
-17,933
Operating Profit
-8,539
32,213
-8,427
-17,834
2,320
-20,382
-10,607
-15,174
-2,357
7,744
22,139
26,746
-22,932
-26,268
119
17,933
Interest Payable
2,925
2,925
Interest Receivable
23
24
58
106
51
39
81
96
69
61
59
52
14
Pre-Tax Profit
-8,539
32,213
-8,427
-17,811
2,343
-20,324
-10,501
-15,123
-2,318
7,825
22,235
26,814
-22,871
-26,210
-2,754
15,022
Tax
-8,053
-445
-1,565
-4,669
-6,167
-4,206
Profit After Tax
-8,539
24,160
-8,427
-17,811
1,898
-20,324
-10,501
-15,123
-2,318
6,260
17,566
20,647
-22,871
-26,210
-2,754
10,816
Dividends Paid
Retained Profit
-8,539
24,160
-8,427
-17,811
1,898
-20,324
-10,501
-15,123
-2,318
6,260
17,566
20,647
-22,871
-26,210
-2,754
10,816
Employee Costs
74,091
34,807
126,115
120,381
115,613
109,347
108,893
127,484
54,324
53,421
50,859
49,485
74,745
50,839
49,341
Number Of Employees
2
1
4
4
4
4
4
5
2
2
2
2
3
2
2
EBITDA*
-8,539
32,213
-8,427
-14,067
6,087
-20,304
-10,529
-14,492
-1,758
13,662
28,066
36,056
-14,227
-17,611
6,422
25,684
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
53,883
53,883
57,573
61,263
65,030
54,039
54,117
54,195
54,486
55,085
61,003
66,930
73,221
81,716
90,373
96,676
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
53,883
53,883
57,573
61,263
65,030
54,039
54,117
54,195
54,486
55,085
61,003
66,930
73,221
81,716
90,373
96,676
Stock & work in progress
4,750
5,100
5,230
3,797
3,940
4,610
4,025
6,150
4,975
7,370
8,840
6,520
Trade Debtors
90,271
117,877
42,077
33,319
6,983
17,693
11,499
26,864
18,587
26,527
16,105
45,002
38,039
34,041
31,616
21,039
Group Debtors
Misc Debtors
Cash
45,246
1,929
13,551
14,634
26,327
5,184
27,072
11,513
15,939
8,365
15,036
5,760
misc current assets
total current assets
90,271
117,877
42,077
33,319
56,979
24,722
30,280
45,295
48,854
36,321
47,202
62,665
58,953
49,776
55,492
33,319
total assets
144,154
171,760
99,650
94,582
122,009
78,761
84,397
99,490
103,340
91,406
108,205
129,595
132,174
131,492
145,865
129,995
Bank overdraft
Bank loan
Trade Creditors
197,685
216,752
168,802
155,307
162,923
121,573
106,885
111,477
100,204
85,952
109,011
147,967
171,193
147,640
135,803
11,132
Group/Directors Accounts
5,419
other short term finances
hp & lease commitments
other current liabilities
10,628
total current liabilities
197,685
216,752
168,802
155,307
162,923
121,573
106,885
111,477
100,204
85,952
109,011
147,967
171,193
147,640
135,803
27,179
loans
90,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
90,000
total liabilities
197,685
216,752
168,802
155,307
162,923
121,573
106,885
111,477
100,204
85,952
109,011
147,967
171,193
147,640
135,803
117,179
net assets
-53,531
-44,992
-69,152
-60,725
-40,914
-42,812
-22,488
-11,987
3,136
5,454
-806
-18,372
-39,019
-16,148
10,062
12,816
total shareholders funds
-53,531
-44,992
-69,152
-60,725
-40,914
-42,812
-22,488
-11,987
3,136
5,454
-806
-18,372
-39,019
-16,148
10,062
12,816
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-8,539
32,213
-8,427
-17,834
2,320
-20,382
-10,607
-15,174
-2,357
7,744
22,139
26,746
-22,932
-26,268
119
17,933
Depreciation
3,767
3,767
78
78
682
599
5,918
5,927
9,310
8,705
8,657
6,303
7,751
Amortisation
Tax
-8,053
-445
-1,565
-4,669
-6,167
-4,206
Stock
-4,750
-350
-130
1,433
-143
-670
585
-2,125
1,175
-2,395
-1,470
2,320
6,520
Debtors
-27,606
75,800
8,758
26,336
-10,710
6,194
-15,365
8,277
-7,940
10,422
-28,897
6,963
3,998
2,425
10,577
21,039
Creditors
-19,067
47,950
13,495
-7,616
41,350
14,688
-4,592
11,273
14,252
-23,059
-38,956
-23,226
23,553
11,837
124,671
11,132
Accruals and Deferred Income
-10,628
10,628
Deferred Taxes & Provisions
Cash flow from operations
-3,690
-3,690
-43,269
58,052
-11,680
-1,189
-11,353
21,104
-21,969
15,463
-1,475
7,723
-6,729
107,568
15,679
Investing Activities
capital expenditure
3,690
3,690
-14,758
-391
-3,019
-210
-104,427
Change in Investments
cash flow from investments
3,690
3,690
-14,758
-391
-3,019
-210
-104,427
Financing Activities
Bank loans
Group/Directors Accounts
-5,419
5,419
Other Short Term Loans
Long term loans
-90,000
90,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-2,000
2,000
interest
23
24
58
106
51
39
81
96
69
61
59
-2,873
-2,911
cash flow from financing
-1,977
24
58
106
51
39
81
96
69
61
59
-98,292
94,508
cash and cash equivalents
cash
-45,246
43,317
-11,622
-1,083
-11,693
21,143
-21,888
15,559
-4,426
7,574
-6,671
9,276
5,760
overdraft
change in cash
-45,246
43,317
-11,622
-1,083
-11,693
21,143
-21,888
15,559
-4,426
7,574
-6,671
9,276
5,760
nichols bros (wood turners) 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 nichols bros (wood turners) limited. Get real-time insights into nichols bros (wood turners) limited's credit score, group structure and payment trends.
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nichols bros (wood turners) limited Ownership
NICHOLS BROS (WOOD TURNERS) LIMITED group structure
Nichols Bros (Wood Turners) Limited has no subsidiary companies.
Ultimate parent company
NICHOLS BROS (WOOD TURNERS) LIMITED
00697291
NICHOLS BROS (WOOD TURNERS) LIMITED Shareholders
The largest shareholders in Nichols Bros (Wood Turners) Limited include Mr Geoffrey Nichols and Mr Henry Wallace Morrow.
mr geoffrey nichols
69.28%
mr henry wallace morrow
30.72%
nichols bros (wood turners) limited directors
Nichols Bros (Wood Turners) Limited currently has 2 directors.
The longest serving directors include
Mr Geoffrey Nichols (Dec 1991) and
Mr Craig Nichols (Dec 2024).
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 3 charges/mortgages relating to nichols bros (wood turners) limited. Currently there are 3 open charges and 0 have been satisfied in the past.
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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nichols bros (wood turners) limitedCompanies House Filings - See Documents
