central tool hire limited Company Information
Company Number
01837120
Website
www.central-tool-hire.co.ukRegistered Address
unit c11a, the albert bygrave retail park, st albans, hertfordshire, AL2 1DL
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01727846999
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
kenneth frederick white 67%
cheryl ann davey 33%
central tool hire limited Estimated Valuation
Pomanda estimates the enterprise value of CENTRAL TOOL HIRE LIMITED at £320.6k based on a Turnover of £604.8k and 0.53x industry multiple (adjusted for size and gross margin).
central tool hire limited Estimated Valuation
Pomanda estimates the enterprise value of CENTRAL TOOL HIRE LIMITED at £0 based on an EBITDA of £-7.5k and a 3.52x industry multiple (adjusted for size and gross margin).
central tool hire limited Estimated Valuation
Pomanda estimates the enterprise value of CENTRAL TOOL HIRE LIMITED at £194.4k based on Net Assets of £92.9k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Central Tool Hire Limited Overview
Central Tool Hire Limited is a live company located in st albans, AL2 1DL with a Companies House number of 01837120. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 1984, it's largest shareholder is kenneth frederick white with a 67% stake. Central Tool Hire Limited is a mature, small sized company, Pomanda has estimated its turnover at £604.8k with healthy growth in recent years.
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Central Tool Hire Limited Health Check
Pomanda's financial health check has awarded Central Tool Hire Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
5 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £604.8k, make it smaller than the average company (£7.8m)
- Central Tool Hire Limited
£7.8m - Industry AVG
![growth](/assets/images/scoreRate1.png)
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.3%)
- Central Tool Hire Limited
6.3% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 35.2%, this company has a comparable cost of product (35.2%)
- Central Tool Hire Limited
35.2% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -5.3% make it less profitable than the average company (8.6%)
- Central Tool Hire Limited
8.6% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 6 employees, this is below the industry average (34)
6 - Central Tool Hire Limited
34 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- Central Tool Hire Limited
£44.4k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £100.8k, this is less efficient (£193.5k)
- Central Tool Hire Limited
£193.5k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 62 days, this is near the average (59 days)
- Central Tool Hire Limited
59 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 66 days, this is slower than average (45 days)
- Central Tool Hire Limited
45 days - Industry AVG
![stockdays](/assets/images/scoreRate2.png)
Stock Days
it holds stock equivalent to 1 days, this is less than average (17 days)
- Central Tool Hire Limited
17 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (13 weeks)
29 weeks - Central Tool Hire Limited
13 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate1.png)
Debt Level
it has a ratio of liabilities to total assets of 64.9%, this is a similar level of debt than the average (61.2%)
64.9% - Central Tool Hire Limited
61.2% - Industry AVG
CENTRAL TOOL HIRE LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Central Tool Hire Limited's latest turnover from April 2023 is estimated at £604.8 thousand and the company has net assets of £92.9 thousand. According to their latest financial statements, Central Tool Hire Limited has 6 employees and maintains cash reserves of £76.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 6 | 6 | 7 | 6 | 6 | 8 | 9 | 9 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 76,856 | 70,542 | 67,170 | 71,091 | 65,663 | 106,061 | 107,501 | 144,733 | 174,543 | 137,006 | 174,673 | 138,684 | 144,503 | 183,801 |
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 | 50,558 | 50,558 | 50,558 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 76,856 | 70,542 | 67,170 | 71,091 | 65,663 | 156,619 | 158,059 | 195,291 | 174,543 | 137,006 | 174,673 | 138,684 | 144,503 | 183,801 |
Stock & work in progress | 1,253 | 1,423 | 3,130 | 1,907 | 4,030 | 5,037 | 8,550 | 11,085 | 9,664 | 13,108 | 17,248 | 19,561 | 18,869 | 17,953 |
Trade Debtors | 103,268 | 80,802 | 161,555 | 81,243 | 96,970 | 133,447 | 137,286 | 143,132 | 242,556 | 217,755 | 185,607 | 246,844 | 212,555 | 213,370 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 6,958 | 5,198 | 3,718 | 49,107 | 56,132 | 17,290 | 19,135 | 26,695 | 0 | 0 | 0 | 0 | 260 | 2,960 |
Cash | 76,462 | 133,227 | 93,399 | 17,013 | 1,887 | 3,689 | 857 | 4,434 | 112,526 | 24,187 | 35,601 | 45,108 | 35,413 | 42,136 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 187,941 | 220,650 | 261,802 | 149,270 | 159,019 | 159,463 | 165,828 | 185,346 | 364,746 | 255,050 | 238,456 | 311,513 | 267,097 | 276,419 |
total assets | 264,797 | 291,192 | 328,972 | 220,361 | 224,682 | 316,082 | 323,887 | 380,637 | 539,289 | 392,056 | 413,129 | 450,197 | 411,600 | 460,220 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 10,000 | 10,000 | 9,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 70,903 | 62,667 | 84,174 | 46,325 | 73,162 | 77,553 | 85,667 | 76,797 | 222,448 | 150,777 | 122,476 | 144,534 | 137,725 | 126,295 |
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 | 0 | 0 | 0 | 15,250 | 16,460 | 18,756 | 21,787 | 26,083 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 54,007 | 51,205 | 94,536 | 85,968 | 62,743 | 62,698 | 44,858 | 41,807 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 134,910 | 123,872 | 187,877 | 147,543 | 152,365 | 159,007 | 152,312 | 144,687 | 222,448 | 150,777 | 122,476 | 144,534 | 137,725 | 126,295 |
loans | 21,447 | 31,146 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 14,278 | 13,389 | 11,271 | 14,254 | 16,597 | 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 | 9,371 | 0 | 5,015 | 0 | 0 | 0 | 0 | 0 | 24,450 | 20,983 | 49,811 | 16,489 | 3,624 | 14,778 |
provisions | 6,170 | 11,962 | 4,858 | 0 | 0 | 0 | 16,157 | 23,379 | 26,842 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 36,988 | 43,108 | 50,706 | 14,278 | 13,389 | 11,271 | 30,411 | 39,976 | 51,292 | 20,983 | 49,811 | 16,489 | 3,624 | 14,778 |
total liabilities | 171,898 | 166,980 | 238,583 | 161,821 | 165,754 | 170,278 | 182,723 | 184,663 | 273,740 | 171,760 | 172,287 | 161,023 | 141,349 | 141,073 |
net assets | 92,899 | 124,212 | 90,389 | 58,540 | 58,928 | 145,804 | 141,164 | 195,974 | 265,549 | 220,296 | 240,842 | 289,174 | 270,251 | 319,147 |
total shareholders funds | 92,899 | 124,212 | 90,389 | 58,540 | 58,928 | 145,804 | 141,164 | 195,974 | 265,549 | 220,296 | 240,842 | 289,174 | 270,251 | 319,147 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 24,531 | 22,157 | 21,694 | 22,825 | 24,678 | 34,959 | 34,908 | 46,758 | 47,242 | 43,774 | 55,858 | 44,533 | 44,823 | 53,009 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | -170 | -1,707 | 1,223 | -2,123 | -1,007 | -3,513 | -2,535 | 1,421 | -3,444 | -4,140 | -2,313 | 692 | 916 | 17,953 |
Debtors | 24,226 | -79,273 | 34,923 | -22,752 | -48,193 | -5,684 | -13,406 | -22,171 | 24,801 | 32,148 | -61,237 | 34,029 | -3,515 | 216,330 |
Creditors | 8,236 | -21,507 | 37,849 | -26,837 | -4,391 | -8,114 | 8,870 | -145,651 | 71,671 | 28,301 | -22,058 | 6,809 | 11,430 | 126,295 |
Accruals and Deferred Income | 2,802 | -43,331 | 8,568 | 23,225 | 45 | 17,840 | 3,051 | 41,807 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -5,792 | 7,104 | 4,858 | 0 | 0 | -16,157 | -7,222 | -3,463 | 26,842 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
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 | 833 | 9,167 | 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 | -9,699 | -9,687 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | -29,528 | -321 | -178 | -6,014 | -6,639 | 42,680 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 9,371 | -5,015 | 5,015 | 0 | 0 | 0 | 0 | -24,450 | 3,467 | -28,828 | 33,322 | 12,865 | -11,154 | 14,778 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -56,765 | 39,828 | 76,386 | 15,126 | -1,802 | 2,832 | -3,577 | -108,092 | 88,339 | -11,414 | -9,507 | 9,695 | -6,723 | 42,136 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -56,765 | 39,828 | 76,386 | 15,126 | -1,802 | 2,832 | -3,577 | -108,092 | 88,339 | -11,414 | -9,507 | 9,695 | -6,723 | 42,136 |
central tool hire limited Credit Report and Business Information
Central Tool Hire Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for central tool hire limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in AL2 area or any other competitors across 12 key performance metrics.
central tool hire limited Ownership
CENTRAL TOOL HIRE LIMITED group structure
Central Tool Hire Limited has no subsidiary companies.
Ultimate parent company
CENTRAL TOOL HIRE LIMITED
01837120
central tool hire limited directors
Central Tool Hire Limited currently has 2 directors. The longest serving directors include Mr Kenneth White (Dec 1991) and Mrs Cheryl Davey (Feb 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kenneth White | England | 79 years | Dec 1991 | - | Director |
Mrs Cheryl Davey | England | 53 years | Feb 2021 | - | Director |
P&L
April 2023turnover
604.8k
+17%
operating profit
-32k
0%
gross margin
35.2%
+2.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
92.9k
-0.25%
total assets
264.8k
-0.09%
cash
76.5k
-0.43%
net assets
Total assets minus all liabilities
central tool hire limited company details
company number
01837120
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 1984
age
40
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit c11a, the albert bygrave retail park, st albans, hertfordshire, AL2 1DL
last accounts submitted
April 2023
central tool hire 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 3 charges/mortgages relating to central tool hire limited. Currently there are 0 open charges and 3 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
central tool hire limited Companies House Filings - See Documents
date | description | view/download |
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