Nimmo's Of Clacton Limited

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nimmo's of clacton limited Company Information

Live

MatureSmallLow

Company Number

00833173

Website

www.nimmosofclacton.co.uk

Registered Address

82 station road, clacton-on-sea, essex, CO15 1SP

Industry

Activities of insurance agents and brokers

Telephone

01255426426

Next Accounts Due

July 2025

Group Structure

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Directors

Keith Knott33 Years

David Knott23 Years

Shareholders

david lyn knott 50%

keith stanley knott 37.5%

View All

nimmo's of clacton limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of NIMMO'S OF CLACTON LIMITED at £1.3m based on a Turnover of £913.1k and 1.44x industry multiple (adjusted for size and gross margin).

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Nimmo's Of Clacton Limited is a live company located in essex, CO15 1SP with a Companies House number of 00833173. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in January 1965, it's largest shareholder is david lyn knott with a 50% stake. Nimmo's Of Clacton Limited is a mature, small sized company, Pomanda has estimated its turnover at £913.1k with low growth in recent years.

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Pomanda's financial health check has awarded Nimmo'S Of Clacton Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

2 Strong

3 Regular

5 Weak

Size

annual sales of £913.1k, make it smaller than the average company (£3m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.9%)

EXPORT

Nimmo'S Of Clacton Limited's latest turnover from October 2023 is estimated at £913.1 thousand and the company has net assets of £251.6 thousand. According to their latest financial statements, Nimmo'S Of Clacton Limited has 9 employees and maintains cash reserves of £387.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	913,065	837,783	813,578	911,560	698,246	589,008	587,218	484,054	87,329	43,398	41,769	41,300	35,822	37,297	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	31,637	51,457	86,892	95,290	101,385	60,087	84,880	67,442	18,754	10,748	11,282	13,221	9,099	9,122	0
Gross Profit	881,429	786,325	726,686	816,270	596,861	528,922	502,338	416,613	68,575	32,650	30,488	28,079	26,723	28,175	0
Admin Expenses	891,021	797,189	707,422	825,608	619,755	557,784	487,959	391,283	45,797	37,402	19,665	11,489	20,511	-3,600	-225,244
Operating Profit	-9,592	-10,864	19,264	-9,338	-22,894	-28,862	14,379	25,330	22,778	-4,752	10,823	16,590	6,212	31,775	225,244
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	19,847	8,801	351	320	2,526	2,832	966	1,238	2,316	1,521	1,475	1,432	1,378	1,103	422
Pre-Tax Profit	10,255	-2,063	19,615	-9,018	-20,368	-26,030	15,346	26,568	25,094	-3,231	12,299	18,022	7,591	32,878	225,665
Tax	-2,564	0	-3,727	0	0	0	-2,916	-5,313	-5,019	0	-2,829	-4,325	-1,974	-9,206	-63,186
Profit After Tax	7,691	-2,063	15,888	-9,018	-20,368	-26,030	12,430	21,254	20,075	-3,231	9,470	13,697	5,617	23,672	162,479
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	7,691	-2,063	15,888	-9,018	-20,368	-26,030	12,430	21,254	20,075	-3,231	9,470	13,697	5,617	23,672	162,479
Employee Costs	442,156	444,636	447,456	483,376	372,378	306,954	305,064	249,429	42,135	40,116	39,729	39,422	38,612	39,472	0
Number Of Employees	9	9	9	10	8	7	7	6	1	1	1	1	1	1	0
EBITDA*	13,873	12,604	43,683	13,681	-12,416	-28,193	15,842	26,244	24,083	-749	16,226	21,316	12,033	35,597	231,093

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	1,954	2,168	3,339	3,822	2,498	1,591	1,463	2,003	4,489	11,671	12,076	13,394	17,125	10,309	14,131
Intangible Assets	14,354	36,332	58,130	79,928	126,000	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	16,308	38,500	61,469	83,750	128,498	1,591	1,463	2,003	4,489	11,671	12,076	13,394	17,125	10,309	14,131
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	0	0	0	0	0	8,947	7,660	8,994	8,239	7,597	7,890	4,510
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	36,649	12,742	21,276	21,890	14,053	8,901	8,237	13,669	0	0	0	0	0	0	0
Cash	387,335	406,549	375,752	325,263	315,428	358,068	397,104	375,979	614,060	312,212	296,231	293,912	278,907	272,393	168,637
misc current assets	3,712	3,712	3,712	3,712	0	3,712	3,712	3,712	3,712	3,712	3,712	3,712	3,712	3,712	13,332
total current assets	427,696	423,003	400,740	350,865	333,193	370,681	409,053	393,360	626,719	323,584	308,937	305,863	290,216	283,995	186,479
total assets	444,004	461,503	462,209	434,615	461,691	372,272	410,516	395,363	631,208	335,255	321,013	319,257	307,341	294,304	200,610
Bank overdraft	0	0	0	0	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	0
Trade Creditors	595	2,434	7,206	4,702	7,582	1,725	3,891	2,854	379,187	103,267	86,078	93,792	95,573	88,153	18,131
Group/Directors Accounts	0	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	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	191,357	214,902	208,613	199,358	214,836	111,114	121,162	119,476	0	0	0	0	0	0	0
total current liabilities	191,952	217,336	215,819	204,060	222,418	112,839	125,053	122,330	379,187	103,267	86,078	93,792	95,573	88,153	18,131
loans	0	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	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	489	295	455	508	208	0	0	0	242	284	0	0	0	0	0
total long term liabilities	489	295	455	508	208	0	0	0	242	284	0	0	0	0	0
total liabilities	192,441	217,631	216,274	204,568	222,626	112,839	125,053	122,330	379,429	103,551	86,078	93,792	95,573	88,153	18,131
net assets	251,563	243,872	245,935	230,047	239,065	259,433	285,463	273,033	251,779	231,704	234,935	225,465	211,768	206,151	182,479
total shareholders funds	251,563	243,872	245,935	230,047	239,065	259,433	285,463	273,033	251,779	231,704	234,935	225,465	211,768	206,151	182,479

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	-9,592	-10,864	19,264	-9,338	-22,894	-28,862	14,379	25,330	22,778	-4,752	10,823	16,590	6,212	31,775	225,244
Depreciation	1,487	1,670	2,621	2,955	1,478	669	1,463	914	1,305	4,003	5,403	4,726	5,821	3,822	5,849
Amortisation	21,978	21,798	21,798	20,064	9,000	0	0	0	0	0	0	0	0	0	0
Tax	-2,564	0	-3,727	0	0	0	-2,916	-5,313	-5,019	0	-2,829	-4,325	-1,974	-9,206	-63,186
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	23,907	-8,534	-614	7,837	5,152	664	-5,432	4,722	1,287	-1,334	755	642	-293	3,380	4,510
Creditors	-1,839	-4,772	2,504	-2,880	5,857	-2,166	1,037	-376,333	275,920	17,189	-7,714	-1,781	7,420	70,022	18,131
Accruals and Deferred Income	-23,545	6,289	9,255	-15,478	103,722	-10,048	1,686	119,476	0	0	0	0	0	0	0
Deferred Taxes & Provisions	194	-160	-53	300	208	0	0	-242	-42	284	0	0	0	0	0
Cash flow from operations	-37,788	22,495	52,276	-12,214	92,219	-41,071	21,081	-240,890	293,655	18,058	4,928	14,568	17,772	93,033	181,528
Investing Activities
capital expenditure	-1,273	-499	-2,138	21,729	-137,385	-797	-923	1,572	5,877	-3,598	-4,085	-995	-12,637	0	-19,980
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,273	-499	-2,138	21,729	-137,385	-797	-923	1,572	5,877	-3,598	-4,085	-995	-12,637	0	-19,980
Financing Activities
Bank loans	0	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	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	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	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	20,000
interest	19,847	8,801	351	320	2,526	2,832	966	1,238	2,316	1,521	1,475	1,432	1,378	1,103	422
cash flow from financing	19,847	8,801	351	320	2,526	2,832	966	1,238	2,316	1,521	1,475	1,432	1,378	1,103	20,422
cash and cash equivalents
cash	-19,214	30,797	50,489	9,835	-42,640	-39,036	21,125	-238,081	301,848	15,981	2,319	15,005	6,514	103,756	168,637
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-19,214	30,797	50,489	9,835	-42,640	-39,036	21,125	-238,081	301,848	15,981	2,319	15,005	6,514	103,756	168,637

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for nimmo's of clacton limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in CO15 area or any other competitors across 12 key performance metrics.

NIMMO'S OF CLACTON LIMITED group structure

Nimmo'S Of Clacton Limited has no subsidiary companies.

Ultimate parent company

NIMMO'S OF CLACTON LIMITED

00833173

NIMMO'S OF CLACTON LIMITED Shareholders

david lyn knott	50%
keith stanley knott	37.5%
ruth decima knott	12.5%

Nimmo'S Of Clacton Limited currently has 2 directors. The longest serving directors include Mr Keith Knott (May 1991) and Mr David Knott (May 2001).

officer	country	age	start	end	role
Mr Keith Knott	United Kingdom	80 years	May 1991	-	Director
Mr David Knott	United Kingdom	52 years	May 2001	-	Director

P&L

October 2023

turnover

913.1k

+9%

operating profit

-9.6k

gross margin

96.6%

+2.85%

turnover

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

Balance Sheet

October 2023

net assets

251.6k

+0.03%

total assets

444k

-0.04%

cash

387.3k

-0.05%

net assets

Total assets minus all liabilities

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company number

00833173

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

January 1965

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

October 2023

address

82 station road, clacton-on-sea, essex, CO15 1SP

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.

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nimmo's of clacton limited Company Information

nimmo's of clacton limited Estimated Valuation

nimmo's of clacton limited Estimated Valuation

nimmo's of clacton limited Estimated Valuation

Nimmo's Of Clacton Limited Overview

Nimmo's Of Clacton Limited Health Check

NIMMO'S OF CLACTON LIMITED financials

nimmo's of clacton limited Credit Report and Business Information

Nimmo's Of Clacton Limited Competitor Analysis

nimmo's of clacton limited Ownership

nimmo's of clacton limited directors

nimmo's of clacton limited company details

nimmo's of clacton limited Charges & Mortgages

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