northants welding supplies limited Company Information
Company Number
01578695
Registered Address
8-9 vaux road, finedon road industrial, wellingborough, northamptonshire, NN8 4TG
Industry
Other retail sale not in stores, stalls or markets
Telephone
01933224614
Next Accounts Due
September 2024
Group Structure
View All
Directors
Gary Clipston32 Years
Shareholders
gary clipston 100%
northants welding supplies limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHANTS WELDING SUPPLIES LIMITED at £796.5k based on a Turnover of £2.8m and 0.29x industry multiple (adjusted for size and gross margin).
northants welding supplies limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHANTS WELDING SUPPLIES LIMITED at £315.6k based on an EBITDA of £100.3k and a 3.15x industry multiple (adjusted for size and gross margin).
northants welding supplies limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHANTS WELDING SUPPLIES LIMITED at £2.5m based on Net Assets of £1.2m and 2.03x industry multiple (adjusted for liquidity).
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Northants Welding Supplies Limited Overview
Northants Welding Supplies Limited is a live company located in wellingborough, NN8 4TG with a Companies House number of 01578695. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in August 1981, it's largest shareholder is gary clipston with a 100% stake. Northants Welding Supplies Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.
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Northants Welding Supplies Limited Health Check
Pomanda's financial health check has awarded Northants Welding Supplies Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £2.8m, make it larger than the average company (£1.5m)
- Northants Welding Supplies Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.9%)
- Northants Welding Supplies Limited
3.9% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)
- Northants Welding Supplies Limited
30.5% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (5.7%)
- Northants Welding Supplies Limited
5.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (15)
5 - Northants Welding Supplies Limited
15 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Northants Welding Supplies Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £553.9k, this is more efficient (£218.9k)
- Northants Welding Supplies Limited
£218.9k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (36 days)
- Northants Welding Supplies Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (36 days)
- Northants Welding Supplies Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is more than average (69 days)
- Northants Welding Supplies Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (20 weeks)
18 weeks - Northants Welding Supplies Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.4%, this is a lower level of debt than the average (66.1%)
34.4% - Northants Welding Supplies Limited
66.1% - Industry AVG
northants welding supplies limited Credit Report and Business Information
Northants Welding Supplies Limited Competitor Analysis
Perform a competitor analysis for northants welding supplies limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
northants welding supplies limited Ownership
NORTHANTS WELDING SUPPLIES LIMITED group structure
Northants Welding Supplies Limited has no subsidiary companies.
Ultimate parent company
NORTHANTS WELDING SUPPLIES LIMITED
01578695
northants welding supplies limited directors
Northants Welding Supplies Limited currently has 1 director, Mr Gary Clipston serving since Aug 1991.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gary Clipston | 66 years | Aug 1991 | - | Director |
NORTHANTS WELDING SUPPLIES LIMITED financials
Northants Welding Supplies Limited's latest turnover from December 2022 is estimated at £2.8 million and the company has net assets of £1.2 million. According to their latest financial statements, Northants Welding Supplies Limited has 5 employees and maintains cash reserves of £163.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 5 | 6 | 5 | 6 | 6 | 6 | 6 | 6 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 219,533 | 184,906 | 249,053 | 274,744 | 267,448 | 289,240 | 300,069 | 256,229 | 386,389 | 415,953 | 389,574 | 412,504 | 268,131 | 257,206 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 512,000 | 487,000 | 438,974 | 437,739 | 437,739 | 166,000 | 146,000 | 130,694 | 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 |
Total Fixed Assets | 731,533 | 671,906 | 688,027 | 712,483 | 705,187 | 455,240 | 446,069 | 386,923 | 386,389 | 415,953 | 389,574 | 412,504 | 268,131 | 257,206 |
Stock & work in progress | 441,043 | 526,687 | 442,777 | 440,801 | 404,397 | 405,925 | 347,919 | 323,203 | 282,862 | 289,606 | 265,061 | 251,278 | 213,880 | 204,771 |
Trade Debtors | 490,328 | 464,315 | 298,501 | 389,065 | 488,240 | 459,043 | 337,327 | 422,213 | 376,296 | 366,802 | 354,921 | 297,723 | 305,762 | 181,604 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 39,574 | 37,043 | 55,561 | 69,789 | 10,097 | 10,084 | 23,960 | 46,625 | 13,805 | 0 | 0 | 0 | 0 | 0 |
Cash | 163,579 | 104,952 | 43,092 | 15,212 | 18,644 | 15,582 | 17,993 | 14,821 | 13,881 | 21,331 | 18,420 | 49,681 | 35,944 | 758 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,134,524 | 1,132,997 | 839,931 | 914,867 | 921,378 | 890,634 | 727,199 | 806,862 | 686,844 | 677,739 | 638,402 | 598,682 | 555,586 | 387,133 |
total assets | 1,866,057 | 1,804,903 | 1,527,958 | 1,627,350 | 1,626,565 | 1,345,874 | 1,173,268 | 1,193,785 | 1,073,233 | 1,093,692 | 1,027,976 | 1,011,186 | 823,717 | 644,339 |
Bank overdraft | 667 | 667 | 663 | 41,025 | 39,459 | 13,464 | 15,933 | 46,670 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 312,962 | 288,138 | 191,270 | 275,473 | 259,581 | 228,483 | 200,986 | 198,301 | 473,053 | 499,260 | 418,993 | 448,334 | 430,994 | 357,211 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 41,802 | 129,894 | 94,749 | 167,275 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 10,178 | 4,350 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 152,058 | 150,881 | 59,807 | 63,563 | 92,731 | 79,949 | 52,377 | 72,244 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 465,687 | 439,686 | 251,740 | 380,061 | 433,573 | 451,790 | 374,223 | 488,840 | 473,053 | 499,260 | 418,993 | 448,334 | 430,994 | 357,211 |
loans | 163,409 | 164,127 | 164,819 | 151,783 | 193,364 | 18,928 | 32,465 | 48,300 | 42,063 | 47,372 | 52,447 | 60,514 | 37,232 | 32,727 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 15,717 | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61,568 | 109,752 | 129,271 | 164,912 | 128,816 | 109,913 |
provisions | 13,155 | 12,015 | 13,103 | 15,735 | 12,230 | 19,812 | 10,488 | 4,505 | 1,555 | 4,409 | 1,291 | 3,796 | 5,538 | 0 |
total long term liabilities | 176,564 | 176,142 | 177,922 | 167,518 | 205,594 | 38,740 | 58,670 | 52,805 | 105,186 | 161,533 | 183,009 | 229,222 | 171,586 | 142,640 |
total liabilities | 642,251 | 615,828 | 429,662 | 547,579 | 639,167 | 490,530 | 432,893 | 541,645 | 578,239 | 660,793 | 602,002 | 677,556 | 602,580 | 499,851 |
net assets | 1,223,806 | 1,189,075 | 1,098,296 | 1,079,771 | 987,398 | 855,344 | 740,375 | 652,140 | 494,994 | 432,899 | 425,974 | 333,630 | 221,137 | 144,488 |
total shareholders funds | 1,223,806 | 1,189,075 | 1,098,296 | 1,079,771 | 987,398 | 855,344 | 740,375 | 652,140 | 494,994 | 432,899 | 425,974 | 333,630 | 221,137 | 144,488 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 46,469 | 44,500 | 51,425 | 52,039 | 49,288 | 48,990 | 41,673 | 32,410 | 36,577 | 36,090 | 30,294 | 30,077 | 21,948 | 21,433 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | -85,644 | 83,910 | 1,976 | 36,404 | -1,528 | 58,006 | 24,716 | 40,341 | -6,744 | 24,545 | 13,783 | 37,398 | 9,109 | 204,771 |
Debtors | 28,544 | 147,296 | -104,792 | -39,483 | 29,210 | 107,840 | -107,551 | 78,737 | 23,299 | 11,881 | 57,198 | -8,039 | 124,158 | 181,604 |
Creditors | 24,824 | 96,868 | -84,203 | 15,892 | 31,098 | 27,497 | 2,685 | -274,752 | -26,207 | 80,267 | -29,341 | 17,340 | 73,783 | 357,211 |
Accruals and Deferred Income | 1,177 | 91,074 | -3,756 | -29,168 | 12,782 | 27,572 | -19,867 | 72,244 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 1,140 | -1,088 | -2,632 | 3,505 | -7,582 | 9,324 | 5,983 | 2,950 | -2,854 | 3,118 | -2,505 | -1,742 | 5,538 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 25,000 | 48,026 | 1,235 | 0 | 271,739 | 20,000 | 15,306 | 130,694 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 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 |
Other Short Term Loans | 0 | 0 | 0 | -41,802 | -88,092 | 35,145 | -72,526 | 167,275 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -718 | -692 | 13,036 | -41,581 | 174,436 | -13,537 | -15,835 | 6,237 | -5,309 | -5,075 | -8,067 | 23,282 | 4,505 | 32,727 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -25,895 | 21,545 | 4,350 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -61,568 | -48,184 | -19,519 | -35,641 | 36,096 | 18,903 | 109,913 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 58,627 | 61,860 | 27,880 | -3,432 | 3,062 | -2,411 | 3,172 | 940 | -7,450 | 2,911 | -31,261 | 13,737 | 35,186 | 758 |
overdraft | 0 | 4 | -40,362 | 1,566 | 25,995 | -2,469 | -30,737 | 46,670 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 58,627 | 61,856 | 68,242 | -4,998 | -22,933 | 58 | 33,909 | -45,730 | -7,450 | 2,911 | -31,261 | 13,737 | 35,186 | 758 |
P&L
December 2022turnover
2.8m
+5%
operating profit
53.8k
0%
gross margin
30.6%
+0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
+0.03%
total assets
1.9m
+0.03%
cash
163.6k
+0.56%
net assets
Total assets minus all liabilities
northants welding supplies limited company details
company number
01578695
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
August 1981
age
43
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
8-9 vaux road, finedon road industrial, wellingborough, northamptonshire, NN8 4TG
last accounts submitted
December 2022
northants welding supplies 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 9 charges/mortgages relating to northants welding supplies limited. Currently there are 4 open charges and 5 have been satisfied in the past.
northants welding supplies limited Companies House Filings - See Documents
date | description | view/download |
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