fowler's of bristol (engineers) limited

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fowler's of bristol (engineers) limited Company Information

Share FOWLER'S OF BRISTOL (ENGINEERS) LIMITED

Company Number

00705126

Shareholders

justine claire witherden

sean anthony williams

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Group Structure

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Industry

Manufacture of other fabricated metal products n.e.c.

 

Registered Address

unit 3a severnside trading estat, st. andrews road, bristol, BS11 9YQ

fowler's of bristol (engineers) limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of FOWLER'S OF BRISTOL (ENGINEERS) LIMITED at £1.4m based on a Turnover of £2.8m and 0.51x industry multiple (adjusted for size and gross margin).

fowler's of bristol (engineers) limited Estimated Valuation

£381.5k

Pomanda estimates the enterprise value of FOWLER'S OF BRISTOL (ENGINEERS) LIMITED at £381.5k based on an EBITDA of £94.8k and a 4.02x industry multiple (adjusted for size and gross margin).

fowler's of bristol (engineers) limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of FOWLER'S OF BRISTOL (ENGINEERS) LIMITED at £1.8m based on Net Assets of £939.2k and 1.96x industry multiple (adjusted for liquidity).

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Fowler's Of Bristol (engineers) Limited Overview

Fowler's Of Bristol (engineers) Limited is a live company located in bristol, BS11 9YQ with a Companies House number of 00705126. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in October 1961, it's largest shareholder is justine claire witherden with a 20.9% stake. Fowler's Of Bristol (engineers) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with high growth in recent years.

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Fowler's Of Bristol (engineers) Limited Health Check

Pomanda's financial health check has awarded Fowler'S Of Bristol (Engineers) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £2.8m, make it smaller than the average company (£13.5m)

£2.8m - Fowler's Of Bristol (engineers) Limited

£13.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (9.6%)

19% - Fowler's Of Bristol (engineers) Limited

9.6% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)

29.3% - Fowler's Of Bristol (engineers) Limited

29.3% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (6.3%)

0.5% - Fowler's Of Bristol (engineers) Limited

6.3% - Industry AVG

employees

Employees

with 22 employees, this is below the industry average (80)

22 - Fowler's Of Bristol (engineers) Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)

£40.9k - Fowler's Of Bristol (engineers) Limited

£40.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £127.3k, this is less efficient (£151.7k)

£127.3k - Fowler's Of Bristol (engineers) Limited

£151.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (59 days)

85 days - Fowler's Of Bristol (engineers) Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is close to average (44 days)

45 days - Fowler's Of Bristol (engineers) Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 62 days, this is in line with average (67 days)

62 days - Fowler's Of Bristol (engineers) Limited

67 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (15 weeks)

24 weeks - Fowler's Of Bristol (engineers) Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.4%, this is a lower level of debt than the average (45.8%)

40.4% - Fowler's Of Bristol (engineers) Limited

45.8% - Industry AVG

FOWLER'S OF BRISTOL (ENGINEERS) LIMITED financials

EXPORTms excel logo

Fowler'S Of Bristol (Engineers) Limited's latest turnover from March 2024 is estimated at £2.8 million and the company has net assets of £939.2 thousand. According to their latest financial statements, Fowler'S Of Bristol (Engineers) Limited has 22 employees and maintains cash reserves of £276.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,800,4692,077,4941,631,7031,643,8142,572,3552,229,8861,990,0612,378,9352,102,4771,756,2271,417,3711,139,6351,924,7101,707,8751,293,330
Other Income Or Grants
Cost Of Sales1,979,2611,481,7411,155,7691,169,4351,812,9601,570,6981,376,4951,637,4211,444,9781,207,009984,707794,0361,338,7681,177,317841,604
Gross Profit821,207595,753475,935474,378759,396659,187613,567741,514657,499549,218432,664345,599585,942530,557451,726
Admin Expenses805,694596,492594,748764,162595,990573,078509,187654,993424,909619,082544,502380,504489,996423,258405,775
Operating Profit15,513-739-118,813-289,784163,40686,109104,38086,521232,590-69,864-111,838-34,90595,946107,29945,951
Interest Payable7,5008,8836,6383,0501691,5003,6275,3973,250
Interest Receivable19,72020,3754,3926987345,7473,1091,2081,8421,7822,4112,4122,5192,2601,724
Pre-Tax Profit27,73310,753-121,058-292,136163,97090,357103,86282,333231,183-68,082-109,427-32,49398,465109,56047,675
Tax-6,933-2,043-31,154-17,168-19,734-16,466-46,236-25,601-30,677-6,804
Profit After Tax20,8008,710-121,058-292,136132,81673,18984,12865,866184,946-68,082-109,427-32,49372,86478,88340,871
Dividends Paid
Retained Profit20,8008,710-121,058-292,136132,81673,18984,12865,866184,946-68,082-109,427-32,49372,86478,88340,871
Employee Costs900,418848,980802,116953,609965,644891,562873,012957,818939,561476,514410,325310,556520,348473,293378,947
Number Of Employees222222272726262929151310171613
EBITDA*94,79898,253-24,107-221,766231,689152,859184,163170,220319,831-21,844-48,63929,393167,193177,295113,539

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets241,401309,430396,030243,322280,050235,497263,886321,810337,603160,908202,509238,569262,218294,718269,032
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets241,401309,430396,030243,322280,050235,497263,886321,810337,603160,908202,509238,569262,218294,718269,032
Stock & work in progress338,281340,303275,343235,652201,720163,085226,684245,749197,348184,158158,326167,058169,653167,225112,403
Trade Debtors654,246401,100275,567264,477743,265631,463507,461612,872473,552440,741311,658254,795474,456369,907306,691
Group Debtors
Misc Debtors65,89373,314121,164111,29776,46458,94755,32258,41346,28814,918
Cash276,560474,678484,163687,138708,210760,360772,303471,162495,595241,226471,560492,959471,744535,950368,165
misc current assets
total current assets1,334,9801,289,3951,156,2371,298,5641,729,6591,613,8551,561,7701,388,1961,212,783866,125941,544914,8121,115,8531,073,082802,177
total assets1,576,3811,598,8251,552,2671,541,8862,009,7091,849,3521,825,6561,710,0061,550,3861,027,0331,144,0531,153,3811,378,0711,367,8001,071,209
Bank overdraft20,00020,00020,0003,333
Bank loan
Trade Creditors 246,205201,779194,013125,56167,81077,64054,367177,522119,829245,116289,078170,117361,054419,11592,231
Group/Directors Accounts
other short term finances5,55533,33333,33358,333
hp & lease commitments33,30044,39454,246
other current liabilities283,181309,157198,364248,064575,518539,996578,101383,371321,920118,488
total current liabilities582,686575,330466,623376,958643,328623,191665,801594,226500,082245,116289,078170,117361,054419,115210,719
loans36,66756,66776,66796,6675,55639,37341,667
hp & lease commitments17,85048,45092,844
Accruals and Deferred Income
other liabilities
provisions6,46537,53543,51936,11537,44243,67841,7744,97623,83825,09829,63020,318
total long term liabilities54,517105,117175,976134,20243,51936,11542,99883,05183,4414,97623,83825,09829,63020,318
total liabilities637,203680,447642,599511,160686,847659,306708,799677,277583,523245,116294,054193,955386,152448,745231,037
net assets939,178918,378909,6681,030,7261,322,8621,190,0461,116,8571,032,729966,863781,917849,999959,426991,919919,055840,172
total shareholders funds939,178918,378909,6681,030,7261,322,8621,190,0461,116,8571,032,729966,863781,917849,999959,426991,919919,055840,172
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit15,513-739-118,813-289,784163,40686,109104,38086,521232,590-69,864-111,838-34,90595,946107,29945,951
Depreciation79,28598,99294,70668,01868,28366,75079,78383,69987,24148,02063,19964,29871,24769,99667,588
Amortisation
Tax-6,933-2,043-31,154-17,168-19,734-16,466-46,236-25,601-30,677-6,804
Stock-2,02264,96039,69133,93238,635-63,599-19,06548,40113,19025,832-8,732-2,5952,42854,822112,403
Debtors245,72577,68320,957-443,955129,319127,627-108,502151,44579,099129,08356,863-219,661104,54948,298321,609
Creditors44,4267,76668,45257,751-9,83023,273-123,15557,693-125,287-43,962118,961-190,937-58,061326,88492,231
Accruals and Deferred Income-25,976110,793-49,700-327,45435,522-38,105194,73061,451321,920-118,488118,488
Deferred Taxes & Provisions-6,465-31,070-5,9847,404-1,327-6,2361,90441,774-4,976-18,862-1,260-4,5329,31220,318
Cash flow from operations-137,38865,661-97,073-87,43065,67755,504357,33574,956419,713-225,6973,32959,452-27,978261,206-96,240
Investing Activities
capital expenditure-11,256-12,392-247,414-31,290-112,836-38,361-21,859-67,906-263,936-6,419-27,139-40,649-38,747-95,682-336,620
Change in Investments
cash flow from investments-11,256-12,392-247,414-31,290-112,836-38,361-21,859-67,906-263,936-6,419-27,139-40,649-38,747-95,682-336,620
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -5,555-27,778-25,00058,333
Long term loans-20,000-20,000-20,00096,667-5,556-33,817-2,29441,667
Hire Purchase and Lease Commitments-41,694-54,246147,090
other long term liabilities
share issue799,301
interest12,22011,492-2,246-2,3525654,247-518-4,189-1,4081,7822,4112,4122,5192,2601,724
cash flow from financing-49,474-62,754124,84494,315-4,990-29,087-34,335-31,48398,5921,7822,4112,4122,5192,260801,025
cash and cash equivalents
cash-198,118-9,485-202,975-21,072-52,150-11,943301,141-24,433254,369-230,334-21,39921,215-64,206167,785368,165
overdraft16,6673,333
change in cash-198,118-9,485-219,642-24,405-52,150-11,943301,141-24,433254,369-230,334-21,39921,215-64,206167,785368,165

fowler's of bristol (engineers) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fowler's Of Bristol (engineers) Limited Competitor Analysis

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Perform a competitor analysis for fowler's of bristol (engineers) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BS11 area or any other competitors across 12 key performance metrics.

fowler's of bristol (engineers) limited Ownership

FOWLER'S OF BRISTOL (ENGINEERS) LIMITED group structure

Fowler'S Of Bristol (Engineers) Limited has no subsidiary companies.

Ultimate parent company

FOWLER'S OF BRISTOL (ENGINEERS) LIMITED

00705126

FOWLER'S OF BRISTOL (ENGINEERS) LIMITED Shareholders

justine claire witherden 20.88%
sean anthony williams 20.66%
gary john white 20.66%
gillian johnson 18.84%
stephanie fowler 18.84%
gillian johnson & stephanie fowler 0.11%

fowler's of bristol (engineers) limited directors

Fowler'S Of Bristol (Engineers) Limited currently has 2 directors. The longest serving directors include Mr Gary White (Sep 2005) and Mr Bryn Jones (Apr 2023).

officercountryagestartendrole
Mr Gary WhiteEngland59 years Sep 2005- Director
Mr Bryn JonesEngland53 years Apr 2023- Director

P&L

March 2024

turnover

2.8m

+35%

operating profit

15.5k

0%

gross margin

29.4%

+2.26%

turnover

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

Balance Sheet

March 2024

net assets

939.2k

+0.02%

total assets

1.6m

-0.01%

cash

276.6k

-0.42%

net assets

Total assets minus all liabilities

fowler's of bristol (engineers) limited company details

company number

00705126

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

October 1961

age

64

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

HAINES WATTS

auditor

-

address

unit 3a severnside trading estat, st. andrews road, bristol, BS11 9YQ

Bank

-

Legal Advisor

-

fowler's of bristol (engineers) 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 did not find charges/mortgages relating to fowler's of bristol (engineers) limited.

fowler's of bristol (engineers) 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.

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fowler's of bristol (engineers) limited Companies House Filings - See Documents

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