nsk uk limited

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nsk uk limited Company Information

Share NSK UK LIMITED

Company Number

02215151

Directors

Timothy Parker

Ulrich Nass

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Shareholders

nsk europe ltd

Group Structure

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Industry

Non-specialised wholesale trade

 

Registered Address

the place bridge avenue, maidenhead, SL6 1AF

nsk uk limited Estimated Valuation

£39.3m

Pomanda estimates the enterprise value of NSK UK LIMITED at £39.3m based on a Turnover of £96.6m and 0.41x industry multiple (adjusted for size and gross margin).

nsk uk limited Estimated Valuation

£10.7m

Pomanda estimates the enterprise value of NSK UK LIMITED at £10.7m based on an EBITDA of £2.1m and a 5.05x industry multiple (adjusted for size and gross margin).

nsk uk limited Estimated Valuation

£27.8m

Pomanda estimates the enterprise value of NSK UK LIMITED at £27.8m based on Net Assets of £10.6m and 2.62x industry multiple (adjusted for liquidity).

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Nsk Uk Limited Overview

Nsk Uk Limited is a live company located in maidenhead, SL6 1AF with a Companies House number of 02215151. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in January 1988, it's largest shareholder is nsk europe ltd with a 100% stake. Nsk Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £96.6m with declining growth in recent years.

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Nsk Uk Limited Health Check

Pomanda's financial health check has awarded Nsk Uk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

0 Regular

positive_score

8 Weak

size

Size

annual sales of £96.6m, make it larger than the average company (£15.3m)

£96.6m - Nsk Uk Limited

£15.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.9%)

-3% - Nsk Uk Limited

7.9% - Industry AVG

production

Production

with a gross margin of 4.4%, this company has a higher cost of product (27.4%)

4.4% - Nsk Uk Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (5%)

2.2% - Nsk Uk Limited

5% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (37)

19 - Nsk Uk Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £108.5k, the company has a higher pay structure (£44.2k)

£108.5k - Nsk Uk Limited

£44.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.1m, this is more efficient (£372.4k)

£5.1m - Nsk Uk Limited

£372.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 92 days, this is later than average (50 days)

92 days - Nsk Uk Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (32 days)

0 days - Nsk Uk Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nsk Uk Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (16 weeks)

28 weeks - Nsk Uk Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.4%, this is a higher level of debt than the average (45.6%)

76.4% - Nsk Uk Limited

45.6% - Industry AVG

NSK UK LIMITED financials

EXPORTms excel logo

Nsk Uk Limited's latest turnover from March 2024 is £96.6 million and the company has net assets of £10.6 million. According to their latest financial statements, Nsk Uk Limited has 19 employees and maintains cash reserves of £18.9 million 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
Turnover96,600,74499,491,21095,635,942106,765,362136,856,471163,621,893193,675,519197,739,665196,369,821201,061,602152,407,972184,400,435165,643,108148,737,507132,135,000
Other Income Or Grants
Cost Of Sales92,307,30292,871,87391,043,598102,584,964131,656,169157,787,709188,544,433190,016,037190,051,241194,441,945147,200,511186,036,677164,685,145147,074,400129,650,000
Gross Profit4,293,4426,619,3374,592,3454,180,3985,200,3025,834,1855,131,0867,723,6286,318,5796,619,6575,207,462-1,636,242957,9631,663,1082,485,000
Admin Expenses2,178,8384,752,3663,393,4092,425,3342,947,0063,449,9493,345,2502,688,8813,086,8452,490,0502,264,700-5,347,513-3,784,124-1,710,088825,000
Operating Profit2,114,6041,866,9711,198,9361,755,0642,253,2962,384,2361,785,8365,034,7473,231,7344,129,6072,942,7623,711,2714,742,0873,373,1961,660,000
Interest Payable304,26084,96475,524276,30891,079232,537287,128148,815107,100720,985667,392132,399707,000
Interest Receivable1,124,070277,214172,502211,122106,65970,65091,93028,51057,42544,125546,847588,678643,94533,313584,000
Pre-Tax Profit3,238,6751,839,9261,286,4741,890,6632,083,6482,448,9271,780,7295,204,0273,411,0793,260,9452,787,4323,639,2564,557,0263,274,1101,616,000
Tax-1,690-135,226-250,601-190,525-332,577-151,515-267,280-112,259887,004133,000
Profit After Tax3,236,9841,704,6991,035,8741,700,1371,751,0712,297,4121,513,4495,091,7684,298,0833,260,9452,787,4323,639,2564,557,0263,274,1101,749,000
Dividends Paid
Retained Profit3,236,9841,704,6991,035,8741,700,1371,751,0712,297,4121,513,4495,091,7684,298,0833,260,9452,787,4323,639,2564,557,0263,274,1101,749,000
Employee Costs2,061,3592,150,1012,176,4502,406,4542,233,1402,524,6852,184,2022,582,8582,577,9662,143,1041,746,9321,972,8691,597,7221,545,2291,656,000
Number Of Employees192123232525283737404445404143
EBITDA*2,117,1401,872,0421,204,0851,758,4962,253,2962,386,7891,796,9025,046,3293,269,7234,160,7542,968,2963,713,7834,742,9243,380,8831,666,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets9,29610,1415,932,0292,363,5433,832,200331,120485,189797,39823,85330,28248,23083,7388549,000
Intangible Assets
Investments & Other45,6391,615,9572,5742,5742,5192,5532,5532,672889,6552,5962,1282,5122,5122,5633,000
Debtors (Due After 1 year)2,961,7231,174,9051,914,840
Total Fixed Assets54,9361,626,0992,970,3051,188,6371,917,359331,120485,188797,398913,50832,87850,35886,2502,5123,41712,000
Stock & work in progress56,54243,26026,95275,36441,86964,91883,000
Trade Debtors24,548,68224,224,98323,137,65924,120,32329,832,87135,370,27642,132,27842,769,95741,377,33039,017,13121,286,61631,719,98037,829,50933,661,91228,032,000
Group Debtors899,25636,948,10635,385,34138,578,78437,946,58637,312,73438,021,79010,624,55410,083,92918,189,99810,031,9171,047,5631,67448,688700,000
Misc Debtors620,351643,171778,407645,382554,2951,169,5601,061,457167,49870,67742,3942,682,459418,6901,372,466973,776
Cash18,923,25911,976,84215,093,54619,781,15311,640,211297,923997,61616,696,36413,646,08219,706,69711,732,03811,776,0846,290,4041,974,0331,645,000
misc current assets
total current assets44,991,54873,793,10374,394,95483,125,64479,973,96574,150,49482,213,14370,258,37565,234,56176,999,48145,759,98345,037,68245,535,92436,723,32830,460,000
total assets45,046,48475,419,20277,365,25984,314,28181,891,32474,481,61482,698,33171,055,77366,148,07077,032,35945,810,34145,123,93245,538,43636,726,74530,472,000
Bank overdraft3,686,5852,473,613
Bank loan
Trade Creditors 245,09891,27855,784805,01263,82868,94890,22885,53166,260122,859114,90262,80441,86958,08570,000
Group/Directors Accounts32,492,39430,744,591111120,139,58828,692,68017,180,65115,714,28617,617,65215,655,59112,533,000
other short term finances6,417,4986,141,00111,539,193
hp & lease commitments
other current liabilities1,609,1951,238,16733,209,74741,718,15841,289,99632,684,71143,973,44028,472,9142,681,3323,776,6044,454,9254,022,7765,956,2883,270,6922,748,000
total current liabilities34,346,68732,074,03733,265,53442,523,17241,353,82536,440,24546,537,28334,975,94429,028,18344,131,33821,750,47919,799,86623,615,81018,984,36815,351,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions358,3501,467,558441,124703,786597,548454,5441,354,240
total long term liabilities83,671358,350733,779220,562351,893298,774227,272677,1204,491,5636,423,2574,346,4083,343,6612,882,2642,487,4012,315,000
total liabilities34,430,35832,432,38733,999,31342,743,73441,705,71836,739,01946,764,55535,653,06433,519,74650,554,59426,096,88623,143,52726,498,07421,471,76917,666,000
net assets10,616,12642,986,81543,365,94641,570,54740,185,60537,742,59535,933,77635,402,70932,628,32426,477,76419,713,45521,980,40519,040,36215,254,97612,806,000
total shareholders funds10,616,12642,986,81543,365,94641,570,54640,185,60537,742,59435,933,77635,402,70832,628,32426,477,76419,713,45521,980,40519,040,36215,254,97612,806,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit2,114,6041,866,9711,198,9361,755,0642,253,2962,384,2361,785,8365,034,7473,231,7344,129,6072,942,7623,711,2714,742,0873,373,1961,660,000
Depreciation2,5355,0715,1493,4332,55411,06611,58237,98931,14725,5342,5128377,6886,000
Amortisation
Tax-1,690-135,226-250,601-190,525-332,577-151,515-267,280-112,259887,004133,000
Stock-56,54213,28216,308-48,41233,495-23,049-18,08283,000
Debtors-35,747,971-446,870-2,256,265-5,729,198-3,603,977-7,362,95627,653,5172,030,072-5,717,58723,248,532814,759-6,017,4174,519,2745,952,37628,732,000
Creditors153,82035,493-749,228741,184-5,120-21,2804,69719,271-56,5987,95752,09820,935-16,216-11,91570,000
Accruals and Deferred Income371,028-31,971,580-8,508,411428,1628,605,285-11,288,72915,500,52625,791,582-1,095,272-678,321432,149-1,933,5122,685,596522,6922,748,000
Deferred Taxes & Provisions-358,350-1,109,2081,026,434-262,662106,238143,004-899,6961,354,240
Cash flow from operations38,029,918-30,861,609-5,021,4568,203,85414,231,099-1,568,774-11,518,36830,125,6338,709,162-19,774,4502,686,1967,785,1282,916,079-2,042,633-24,198,000
Investing Activities
capital expenditure-1,6905,916,817-3,573,6351,465,224-3,501,080151,515301,143-785,127-31,560-13,1999,974-86,25017458-15,000
Change in Investments-1,570,3181,613,38355-34-119-886,983887,059468-384-50-4373,000
cash flow from investments1,568,6284,303,434-3,573,6351,465,169-3,501,046151,515301,262101,856-918,619-13,66710,358-86,25067895-18,000
Financing Activities
Bank loans
Group/Directors Accounts1,747,80330,744,590-11-20,139,588-8,553,09211,512,0291,466,365-1,903,3661,962,0613,122,59112,533,000
Other Short Term Loans -6,417,498276,497-5,398,19211,539,193
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-35,607,674-2,083,829759,526-315,196691,940-488,593-982,382-2,317,3841,852,4773,503,364-5,054,382-699,212-771,640-825,13411,057,000
interest1,124,070-27,04687,538135,598-169,64970,650851-204,027-229,703-104,690439,747-132,307-23,447-99,086-123,000
cash flow from financing-32,735,80128,633,715847,064-179,598522,291-417,944-7,399,028-22,384,502-12,328,51026,449,896-3,148,270-2,734,8851,166,9742,198,37123,467,000
cash and cash equivalents
cash6,946,416-3,116,704-4,687,6078,140,94211,342,288-699,693-15,698,7483,050,282-6,060,6157,974,659-44,0475,485,6814,316,371329,0331,645,000
overdraft-3,686,5851,212,9722,473,613
change in cash6,946,416-3,116,704-4,687,6078,140,94215,028,873-1,912,665-18,172,3613,050,282-6,060,6157,974,659-44,0475,485,6814,316,371329,0331,645,000

nsk uk 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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Nsk Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nsk uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in SL6 area or any other competitors across 12 key performance metrics.

nsk uk limited Ownership

NSK UK LIMITED group structure

Nsk Uk Limited has no subsidiary companies.

Ultimate parent company

NSK LTD

#0001987

2 parents

NSK UK LIMITED

02215151

NSK UK LIMITED Shareholders

nsk europe ltd 100%

nsk uk limited directors

Nsk Uk Limited currently has 5 directors. The longest serving directors include Mr Timothy Parker (Jun 2019) and Dr Ulrich Nass (Feb 2021).

officercountryagestartendrole
Mr Timothy ParkerUnited Kingdom56 years Jun 2019- Director
Dr Ulrich NassEngland58 years Feb 2021- Director
Mr Shin SuzukiUnited Kingdom52 years Feb 2021- Director
Mr Michio KomabaGermany60 years Aug 2022- Director
Mr Michio KomabaGermany60 years Aug 2022- Director

P&L

March 2024

turnover

96.6m

-3%

operating profit

2.1m

+13%

gross margin

4.5%

-33.2%

turnover

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

Balance Sheet

March 2024

net assets

10.6m

-0.75%

total assets

45m

-0.4%

cash

18.9m

+0.58%

net assets

Total assets minus all liabilities

nsk uk limited company details

company number

02215151

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

January 1988

age

37

incorporated

UK

ultimate parent company

NSK LTD

accounts

Full Accounts

last accounts submitted

March 2024

previous names

nsk-rhp uk limited (December 2000)

united precision group limited (March 1993)

accountant

-

auditor

ERNST & YOUNG LLP

address

the place bridge avenue, maidenhead, SL6 1AF

Bank

-

Legal Advisor

-

nsk uk 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 did not find charges/mortgages relating to nsk uk limited.

nsk uk 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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nsk uk limited Companies House Filings - See Documents

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