quinton major precision limited Company Information
Company Number
01610411
Next Accounts
Dec 2024
Industry
Machining
Directors
Shareholders
frank william bryce clark
Group Structure
View All
Contact
Registered Address
2 rhosili road, brackmills, northampton, NN4 7JE
Website
www.quintonmajor.co.ukquinton major precision limited Estimated Valuation
Pomanda estimates the enterprise value of QUINTON MAJOR PRECISION LIMITED at £2.8m based on a Turnover of £6.3m and 0.45x industry multiple (adjusted for size and gross margin).
quinton major precision limited Estimated Valuation
Pomanda estimates the enterprise value of QUINTON MAJOR PRECISION LIMITED at £1.4m based on an EBITDA of £381.8k and a 3.66x industry multiple (adjusted for size and gross margin).
quinton major precision limited Estimated Valuation
Pomanda estimates the enterprise value of QUINTON MAJOR PRECISION LIMITED at £1.9m based on Net Assets of £1.1m and 1.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quinton Major Precision Limited Overview
Quinton Major Precision Limited is a live company located in northampton, NN4 7JE with a Companies House number of 01610411. It operates in the machining sector, SIC Code 25620. Founded in February 1982, it's largest shareholder is frank william bryce clark with a 100% stake. Quinton Major Precision Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.3m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Quinton Major Precision Limited Health Check
Pomanda's financial health check has awarded Quinton Major Precision Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£9.1m)
- Quinton Major Precision Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (0.8%)
- Quinton Major Precision Limited
0.8% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Quinton Major Precision Limited
27.9% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (6.5%)
- Quinton Major Precision Limited
6.5% - Industry AVG
Employees
with 65 employees, this is similar to the industry average (69)
65 - Quinton Major Precision Limited
69 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Quinton Major Precision Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £97k, this is less efficient (£124.9k)
- Quinton Major Precision Limited
£124.9k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is near the average (66 days)
- Quinton Major Precision Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (52 days)
- Quinton Major Precision Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 91 days, this is more than average (71 days)
- Quinton Major Precision Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (10 weeks)
6 weeks - Quinton Major Precision Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a higher level of debt than the average (48.5%)
66.2% - Quinton Major Precision Limited
48.5% - Industry AVG
QUINTON MAJOR PRECISION LIMITED financials
Quinton Major Precision Limited's latest turnover from March 2023 is estimated at £6.3 million and the company has net assets of £1.1 million. According to their latest financial statements, Quinton Major Precision Limited has 65 employees and maintains cash reserves of £190 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,271,363 | |||||||||||||
Other Income Or Grants | 0 | |||||||||||||
Cost Of Sales | 1,224,984 | |||||||||||||
Gross Profit | 1,046,379 | |||||||||||||
Admin Expenses | 1,034,355 | |||||||||||||
Operating Profit | 12,024 | |||||||||||||
Interest Payable | 562 | |||||||||||||
Interest Receivable | 0 | |||||||||||||
Pre-Tax Profit | 11,462 | |||||||||||||
Tax | -3,292 | |||||||||||||
Profit After Tax | 8,170 | |||||||||||||
Dividends Paid | 12,000 | |||||||||||||
Retained Profit | -3,830 | |||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 65 | 64 | 61 | 64 | 63 | 60 | 46 | 45 | ||||||
EBITDA* | 73,919 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 627,779 | 459,815 | 457,171 | 462,688 | 506,923 | 325,094 | 378,104 | 380,541 | 276,464 | 258,852 | 290,932 | 326,430 | 109,748 | 153,169 |
Intangible Assets | 0 | 0 | 0 | 0 | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 627,779 | 459,815 | 457,171 | 462,688 | 506,923 | 325,094 | 378,104 | 380,541 | 276,464 | 258,852 | 290,932 | 326,430 | 109,748 | 153,169 |
Stock & work in progress | 1,143,221 | 1,029,000 | 819,879 | 868,689 | 582,854 | 522,397 | 435,889 | 360,183 | 318,949 | 322,876 | 229,870 | 211,791 | 292,456 | 233,569 |
Trade Debtors | 1,223,277 | 1,877,260 | 1,418,356 | 1,195,765 | 1,580,862 | 1,491,755 | 936,180 | 876,351 | 1,084,038 | 1,173,474 | 1,225,111 | 1,334,010 | 1,235,295 | 684,358 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 5,556 | 696 | 65,151 | 124,935 | 125,425 | 189,966 | 125,865 | 193,020 | 0 | 0 | 0 | 0 | 0 | 202,401 |
Cash | 190,049 | 18,699 | 39,203 | 278,019 | 5,069 | 15,881 | 13,744 | 240 | 199 | 12 | 377 | 0 | 177 | 158 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,562,103 | 2,925,655 | 2,342,589 | 2,467,408 | 2,294,210 | 2,219,999 | 1,511,678 | 1,429,794 | 1,403,186 | 1,496,362 | 1,455,358 | 1,545,801 | 1,527,928 | 1,120,486 |
total assets | 3,189,882 | 3,385,470 | 2,799,760 | 2,930,096 | 2,801,133 | 2,545,093 | 1,889,782 | 1,810,335 | 1,679,650 | 1,755,214 | 1,746,290 | 1,872,231 | 1,637,676 | 1,273,655 |
Bank overdraft | 350,428 | 813,585 | 622,237 | 692,079 | 699,503 | 609,675 | 465,606 | 192,988 | 0 | 0 | 0 | 0 | 0 | 167,590 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 936,075 | 952,382 | 533,904 | 870,387 | 715,179 | 762,433 | 439,366 | 478,889 | 941,804 | 1,039,841 | 1,002,190 | 1,100,093 | 1,146,605 | 362,358 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 103,380 | 67,299 | 79,178 | 88,092 | 106,322 | 61,073 | 74,238 | 96,169 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 236,609 | 351,246 | 379,654 | 297,128 | 289,989 | 313,132 | 259,738 | 271,314 | 0 | 0 | 0 | 0 | 0 | 300,206 |
total current liabilities | 1,626,492 | 2,184,512 | 1,614,973 | 1,947,686 | 1,810,993 | 1,746,313 | 1,238,948 | 1,039,360 | 941,804 | 1,039,841 | 1,002,190 | 1,100,093 | 1,146,605 | 830,154 |
loans | 108,334 | 158,334 | 208,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 238,255 | 76,461 | 52,841 | 100,303 | 142,885 | 40,408 | 82,056 | 97,147 | 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 | 65,196 | 85,948 | 122,942 | 173,824 | 2,571 | 2,571 |
provisions | 137,586 | 65,093 | 81,807 | 72,625 | 77,675 | 30,108 | 6,029 | 31,598 | 33,071 | 28,202 | 29,445 | 30,235 | 10,591 | 0 |
total long term liabilities | 484,175 | 299,888 | 342,982 | 172,928 | 220,560 | 70,516 | 88,085 | 128,745 | 98,267 | 114,150 | 152,387 | 204,059 | 13,162 | 2,571 |
total liabilities | 2,110,667 | 2,484,400 | 1,957,955 | 2,120,614 | 2,031,553 | 1,816,829 | 1,327,033 | 1,168,105 | 1,040,071 | 1,153,991 | 1,154,577 | 1,304,152 | 1,159,767 | 832,725 |
net assets | 1,079,215 | 901,070 | 841,805 | 809,482 | 769,580 | 728,264 | 562,749 | 642,230 | 639,579 | 601,223 | 591,713 | 568,079 | 477,909 | 440,930 |
total shareholders funds | 1,079,215 | 901,070 | 841,805 | 809,482 | 769,580 | 728,264 | 562,749 | 642,230 | 639,579 | 601,223 | 591,713 | 568,079 | 477,909 | 440,930 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 12,024 | |||||||||||||
Depreciation | 92,978 | 84,694 | 87,876 | 85,548 | 84,536 | 85,301 | 84,082 | 66,485 | 49,678 | 58,814 | 64,248 | 52,029 | 49,792 | 61,895 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -3,292 | |||||||||||||
Stock | 114,221 | 209,121 | -48,810 | 285,835 | 60,457 | 86,508 | 75,706 | 41,234 | -3,927 | 93,006 | 18,079 | -80,665 | 58,887 | 233,569 |
Debtors | -649,123 | 394,449 | 162,807 | -385,587 | 24,566 | 619,676 | -7,326 | -14,667 | -89,436 | -51,637 | -108,899 | 98,715 | 348,536 | 886,759 |
Creditors | -16,307 | 418,478 | -336,483 | 155,208 | -47,254 | 323,067 | -39,523 | -462,915 | -98,037 | 37,651 | -97,903 | -46,512 | 784,247 | 362,358 |
Accruals and Deferred Income | -114,637 | -28,408 | 82,526 | 7,139 | -23,143 | 53,394 | -11,576 | 271,314 | 0 | 0 | 0 | 0 | -300,206 | 300,206 |
Deferred Taxes & Provisions | 72,493 | -16,714 | 9,182 | -5,050 | 47,567 | 24,079 | -25,569 | -1,473 | 4,869 | -1,243 | -790 | 19,644 | 10,591 | 0 |
Cash flow from operations | -387,137 | |||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -50,000 | -50,000 | 208,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 197,875 | 11,741 | -56,376 | -60,812 | 147,726 | -54,813 | -37,022 | 193,316 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -65,196 | -20,752 | -36,994 | -50,882 | 171,253 | 0 | 2,571 |
share issue | ||||||||||||||
interest | -562 | |||||||||||||
cash flow from financing | 446,769 | |||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 171,350 | -20,504 | -238,816 | 272,950 | -10,812 | 2,137 | 13,504 | 41 | 187 | -365 | 377 | -177 | 19 | 158 |
overdraft | -463,157 | 191,348 | -69,842 | -7,424 | 89,828 | 144,069 | 272,618 | 192,988 | 0 | 0 | 0 | 0 | -167,590 | 167,590 |
change in cash | 634,507 | -211,852 | -168,974 | 280,374 | -100,640 | -141,932 | -259,114 | -192,947 | 187 | -365 | 377 | -177 | 167,609 | -167,432 |
quinton major precision limited Credit Report and Business Information
Quinton Major Precision Limited Competitor Analysis
Perform a competitor analysis for quinton major precision limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NN4 area or any other competitors across 12 key performance metrics.
quinton major precision limited Ownership
QUINTON MAJOR PRECISION LIMITED group structure
Quinton Major Precision Limited has no subsidiary companies.
Ultimate parent company
QUINTON MAJOR PRECISION LIMITED
01610411
quinton major precision limited directors
Quinton Major Precision Limited currently has 1 director, Mr Frank Clark serving since Oct 1991.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Frank Clark | 84 years | Oct 1991 | - | Director |
P&L
March 2023turnover
6.3m
-14%
operating profit
288.8k
0%
gross margin
28%
-2.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.2%
total assets
3.2m
-0.06%
cash
190k
+9.16%
net assets
Total assets minus all liabilities
quinton major precision limited company details
company number
01610411
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
February 1982
age
42
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
underfold limited (June 1982)
accountant
CLIFFORD ROBERTS
auditor
-
address
2 rhosili road, brackmills, northampton, NN4 7JE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
quinton major precision 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 quinton major precision limited. Currently there are 2 open charges and 7 have been satisfied in the past.
quinton major precision limited Companies House Filings - See Documents
date | description | view/download |
---|