insulated tools limited

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insulated tools limited Company Information

Share INSULATED TOOLS LIMITED

Company Number

00833396

Directors

Mark Wardle

Adam Whittaker

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Shareholders

insulated tools holdings ltd

Group Structure

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Industry

Manufacture of other electrical equipment

 

Registered Address

charlwoods road, east grinstead, w. sussex, RH19 2HR

insulated tools limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of INSULATED TOOLS LIMITED at £1.7m based on a Turnover of £2.7m and 0.61x industry multiple (adjusted for size and gross margin).

insulated tools limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of INSULATED TOOLS LIMITED at £2.7m based on an EBITDA of £614.7k and a 4.32x industry multiple (adjusted for size and gross margin).

insulated tools limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of INSULATED TOOLS LIMITED at £5.3m based on Net Assets of £2.6m and 2.01x industry multiple (adjusted for liquidity).

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Insulated Tools Limited Overview

Insulated Tools Limited is a live company located in w. sussex, RH19 2HR with a Companies House number of 00833396. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in January 1965, it's largest shareholder is insulated tools holdings ltd with a 100% stake. Insulated Tools Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.7m with declining growth in recent years.

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Insulated Tools Limited Health Check

Pomanda's financial health check has awarded Insulated Tools 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 £2.7m, make it smaller than the average company (£14.3m)

£2.7m - Insulated Tools Limited

£14.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (10%)

-17% - Insulated Tools Limited

10% - Industry AVG

production

Production

with a gross margin of 35.5%, this company has a comparable cost of product (35.5%)

35.5% - Insulated Tools Limited

35.5% - Industry AVG

profitability

Profitability

an operating margin of 19.5% make it more profitable than the average company (7.4%)

19.5% - Insulated Tools Limited

7.4% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (81)

16 - Insulated Tools Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)

£50.5k - Insulated Tools Limited

£50.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.4k, this is equally as efficient (£195k)

£171.4k - Insulated Tools Limited

£195k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 90 days, this is later than average (59 days)

90 days - Insulated Tools Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is close to average (41 days)

41 days - Insulated Tools Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 94 days, this is less than average (118 days)

94 days - Insulated Tools Limited

118 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)

6 weeks - Insulated Tools Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.2%, this is a lower level of debt than the average (40.1%)

34.2% - Insulated Tools Limited

40.1% - Industry AVG

INSULATED TOOLS LIMITED financials

EXPORTms excel logo

Insulated Tools Limited's latest turnover from March 2024 is estimated at £2.7 million and the company has net assets of £2.6 million. According to their latest financial statements, Insulated Tools Limited has 16 employees and maintains cash reserves of £117 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
Turnover2,742,8181,929,0624,283,7164,823,5605,214,7125,292,0661,945,6101,674,3471,272,6795,263,4074,985,7304,032,9733,744,6123,263,2941,041,288
Other Income Or Grants
Cost Of Sales1,769,8131,260,5972,786,9463,220,3473,476,6723,571,9371,289,4371,077,037824,5563,513,4203,421,2712,718,5242,486,9732,134,443667,348
Gross Profit973,005668,4661,496,7701,603,2131,738,0401,720,129656,173597,310448,1231,749,9871,564,4591,314,4491,257,6391,128,851373,940
Admin Expenses438,909453,383938,0371,497,7481,629,3071,601,132445,873771,053331,9781,648,4461,484,4541,274,0901,063,9031,282,633-949,143
Operating Profit534,096215,083558,733105,465108,733118,997210,300-173,743116,145101,54180,00540,359193,736-153,7821,323,083
Interest Payable30,01222,4809,51410,95113,27421,12022,13819,36310,805
Interest Receivable7,0055,5351,27719298554328511423362952282011,1421,108
Pre-Tax Profit511,089198,137550,49694,70695,55798,431188,490-193,055105,483101,87780,30040,587193,936-152,6401,324,192
Tax-127,772-37,646-104,594-17,994-18,156-18,702-35,813-21,096-21,394-18,469-9,741-50,423-370,774
Profit After Tax383,317160,491445,90276,71277,40179,729152,677-193,05584,38680,48361,83130,846143,513-152,640953,418
Dividends Paid
Retained Profit383,317160,491445,90276,71277,40179,729152,677-193,05584,38680,48361,83130,846143,513-152,640953,418
Employee Costs808,717620,944583,805647,812927,282936,876755,163719,335376,3111,324,6171,249,876984,057906,196812,927270,826
Number Of Employees16131315222218181036352826248
EBITDA*614,708290,034634,538166,689156,585183,678265,318-129,955154,603101,54180,00562,514212,120-135,3911,334,496

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,414,384943,875830,452700,527759,644747,365792,233585,267514,050530,854422,373387,548390,762392,207409,944
Intangible Assets7,9641,7472,4313,1153,7994,4835,1675,8516,535
Investments & Other140,000130,235130,235130,2351,0621,0621,062
Debtors (Due After 1 year)
Total Fixed Assets1,562,3481,075,857963,118833,877763,443751,848797,400591,118520,585530,854422,373387,548391,824393,269411,006
Stock & work in progress455,788434,796459,632352,332294,000281,000212,799191,000172,325194,250185,150177,997220,042172,992221,127
Trade Debtors679,445485,9471,475,1131,492,0741,520,8591,560,372390,713364,987335,5501,541,0021,434,7231,188,9841,048,655956,587236,370
Group Debtors1,140,3331,140,3331,140,3331,140,3331,190,333
Misc Debtors52,20734,73424,14529,07821,498
Cash116,972149,889110,559230,031154,01241,691106,01325,32615,76541,19093,37324,50766,67713,588443,291
misc current assets
total current assets2,444,7452,245,6992,045,3042,074,4371,968,8711,883,0631,874,0031,750,7241,735,4711,776,4421,713,2461,391,4881,335,3741,143,167900,788
total assets4,007,0933,321,5563,008,4222,908,3142,732,3142,634,9112,671,4032,341,8422,256,0562,307,2962,135,6191,779,0361,727,1981,536,4361,311,794
Bank overdraft44,53351,95566,193
Bank loan65,10057,806
Trade Creditors 200,727178,681415,332763,966784,580775,589331,627148,124118,866569,614489,051357,759325,679257,030107,043
Group/Directors Accounts61,799108,34418,6511,0001,000
other short term finances
hp & lease commitments40,1138,573
other current liabilities650,841446,691384,457449,636297,880
total current liabilities916,668683,178415,332763,966784,580775,589862,529766,632501,590569,614489,051357,759325,679258,030108,043
loans156,136254,499126,333155,568203,478231,748349,497235,192266,275
hp & lease commitments40,113
Accruals and Deferred Income
other liabilities192,93263,949313,553309,054132,95591,699332,468344,583190,695206,895227,295
provisions106,01367,90361,66834,09242,37944,35447,58540,79036,02137,43014,6845,112
total long term liabilities455,081386,351501,554498,714378,812367,801397,082316,095302,296369,898359,267195,807206,895227,295
total liabilities1,371,7491,069,529916,8861,262,6801,163,3921,143,3901,259,6111,082,727803,886939,512848,318553,566532,574485,325108,043
net assets2,635,3442,252,0272,091,5361,645,6341,568,9221,491,5211,411,7921,259,1151,452,1701,367,7841,287,3011,225,4701,194,6241,051,1111,203,751
total shareholders funds2,635,3442,252,0272,091,5361,645,6341,568,9221,491,5211,411,7921,259,1151,452,1701,367,7841,287,3011,225,4701,194,6241,051,1111,203,751
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit534,096215,083558,733105,465108,733118,997210,300-173,743116,145101,54180,00540,359193,736-153,7821,323,083
Depreciation79,62474,26775,12160,54047,16863,99754,33443,10438,17322,15518,38418,39111,413
Amortisation988684684684684684684684285
Tax-127,772-37,646-104,594-17,994-18,156-18,702-35,813-21,096-21,394-18,469-9,741-50,423-370,774
Stock20,992-24,836107,30058,33213,00068,20121,79918,675-21,9259,1007,153-42,04547,050-48,135221,127
Debtors210,971185,901-16,961-28,785-39,5135,18120,793-12,9836,379106,279245,739140,32992,068720,217236,370
Creditors22,046-236,651-348,634-20,6148,991443,962183,50329,258-450,74880,563131,29232,08068,649149,987107,043
Accruals and Deferred Income204,150446,691-384,457-65,179151,756297,880
Deferred Taxes & Provisions38,1106,23527,576-8,287-1,975-3,2316,7954,769-1,40922,7469,5725,112
Cash flow from operations519,279307,598118,54790,247171,958147,868312,03250,136-5,22468,077-50,492-8,31991,228-657,486613,268
Investing Activities
capital expenditure-557,338-187,690-205,046-1,423-59,447-19,129-261,300-114,321-28,189-108,481-34,825-18,941-16,939-654-421,357
Change in Investments9,765130,235-1,0621,062
cash flow from investments-567,103-187,690-205,046-131,658-59,447-19,129-261,300-114,321-28,189-108,481-34,825-17,879-16,939-654-422,419
Financing Activities
Bank loans7,29457,806
Group/Directors Accounts-61,799-46,54589,69318,651-1,0001,000
Other Short Term Loans
Long term loans-98,363128,166-29,235-47,910-28,270-117,749114,305-31,083266,275
Hire Purchase and Lease Commitments-40,113-8,57348,686
other long term liabilities128,983-249,6044,499176,09941,25691,699-332,468-12,115153,888-16,200-20,400227,295
share issue250,333
interest-23,007-16,945-8,237-10,759-13,176-20,566-21,810-19,312-10,6633362952282011,1421,108
cash flow from financing14,907-80,577-32,973117,430-190-148,52837,37787,984-58,205-11,779154,183-15,972-21,199228,437252,441
cash and cash equivalents
cash-32,91739,330-119,47276,019112,321-64,32280,6879,561-25,425-52,18368,866-42,17053,089-429,703443,291
overdraft-44,533-7,422-14,23866,193
change in cash-32,91739,330-119,47276,019112,321-19,78988,10923,799-91,618-52,18368,866-42,17053,089-429,703443,291

insulated tools limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Insulated Tools Limited Competitor Analysis

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Perform a competitor analysis for insulated tools limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in RH19 area or any other competitors across 12 key performance metrics.

insulated tools limited Ownership

INSULATED TOOLS LIMITED group structure

Insulated Tools Limited has no subsidiary companies.

Ultimate parent company

2 parents

INSULATED TOOLS LIMITED

00833396

INSULATED TOOLS LIMITED Shareholders

insulated tools holdings ltd 100%

insulated tools limited directors

Insulated Tools Limited currently has 4 directors. The longest serving directors include Mr Mark Wardle (Dec 2010) and Mr Adam Whittaker (Jun 2021).

officercountryagestartendrole
Mr Mark Wardle67 years Dec 2010- Director
Mr Adam WhittakerUnited Kingdom41 years Jun 2021- Director
Mrs Yvonne WardleUnited Kingdom66 years Oct 2022- Director
Mr Jeffrey CobbUnited Kingdom32 years Nov 2022- Director

P&L

March 2024

turnover

2.7m

+42%

operating profit

534.1k

0%

gross margin

35.5%

+2.37%

turnover

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

Balance Sheet

March 2024

net assets

2.6m

+0.17%

total assets

4m

+0.21%

cash

117k

-0.22%

net assets

Total assets minus all liabilities

insulated tools limited company details

company number

00833396

Type

Private limited with Share Capital

industry

27900 - Manufacture of other electrical equipment

incorporation date

January 1965

age

60

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

charlwoods road, east grinstead, w. sussex, RH19 2HR

Bank

-

Legal Advisor

-

insulated tools 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 13 charges/mortgages relating to insulated tools limited. Currently there are 6 open charges and 7 have been satisfied in the past.

insulated tools 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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insulated tools limited Companies House Filings - See Documents

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