Pomanda estimates the enterprise value of BRUSH TECHNOLOGY LIMITED at £1.2m based on a Turnover of £1.3m and 0.91x industry multiple (adjusted for size and gross margin).
brush technology limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of BRUSH TECHNOLOGY LIMITED at £2.9m based on an EBITDA of £524.4k and a 5.54x industry multiple (adjusted for size and gross margin).
brush technology limitedEstimated Valuation
£9.8m
Pomanda estimates the enterprise value of BRUSH TECHNOLOGY LIMITED at £9.8m based on Net Assets of £4.6m and 2.11x industry multiple (adjusted for liquidity).
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Brush Technology LimitedOverview
Brush Technology Limited is a live company located in newcastle upon tyne, NE15 9EW with a Companies House number of 02479307. It operates in the manufacture of brooms and brushes sector, SIC Code 32910. Founded in March 1990, it's largest shareholder is
richard renwick
with a 50% stake. Brush Technology Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Brush Technology Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£8.7m)
£1.3m - Brush Technology Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (4.2%)
-9% - Brush Technology Limited
4.2% - Industry AVG
Production
with a gross margin of 36.5%, this company has a comparable cost of product (36.5%)
36.5% - Brush Technology Limited
36.5% - Industry AVG
Profitability
an operating margin of 22.5% make it more profitable than the average company (1.1%)
22.5% - Brush Technology Limited
1.1% - Industry AVG
Employees
with 12 employees, this is below the industry average (56)
12 - Brush Technology Limited
56 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
£33.4k - Brush Technology Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £110.1k, this is less efficient (£138.2k)
£110.1k - Brush Technology Limited
£138.2k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (46 days)
45 days - Brush Technology Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (29 days)
82 days - Brush Technology Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 253 days, this is more than average (176 days)
253 days - Brush Technology Limited
176 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 152 weeks, this is more cash available to meet short term requirements (52 weeks)
152 weeks - Brush Technology Limited
52 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.4%, this is a lower level of debt than the average (21.7%)
11.4% - Brush Technology Limited
21.7% - Industry AVG
BRUSH TECHNOLOGY LIMITED financials
EXPORT
Brush Technology Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £4.6 million. According to their latest financial statements, Brush Technology Limited has 12 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
1,320,610
1,886,706
1,895,919
1,757,652
1,691,573
1,626,174
1,708,521
1,827,316
1,559,713
2,186,102
2,751,402
2,440,027
2,986,572
3,039,126
Other Income Or Grants
Cost Of Sales
838,932
1,198,551
1,168,585
1,099,418
1,058,086
997,637
1,091,647
1,176,167
1,016,439
1,508,425
1,917,876
1,694,213
2,032,599
2,035,777
Gross Profit
481,677
688,154
727,335
658,234
633,488
628,537
616,874
651,149
543,274
677,677
833,527
745,814
953,973
1,003,349
Admin Expenses
185,260
159,974
365,069
378,249
-1,012,344
531,782
414,542
411,206
487,508
587,993
675,937
617,818
763,196
723,844
-1,304,342
Operating Profit
296,417
528,180
362,266
279,985
1,645,832
96,755
202,332
239,943
55,766
89,684
157,590
127,996
190,777
279,505
1,304,342
Interest Payable
1,563
7,625
13,500
6,750
393
393
Interest Receivable
64,788
39,012
2,391
787
5,961
6,115
3,045
1,159
2,439
2,768
2,083
1,341
974
680
239
Pre-Tax Profit
361,205
567,191
363,095
273,147
1,638,293
96,120
205,377
241,103
58,205
92,452
159,673
129,337
191,358
279,792
1,304,581
Tax
-90,301
-107,766
-68,988
-51,898
-311,276
-18,263
-39,022
-48,220
-11,641
-19,415
-36,725
-31,041
-49,753
-78,342
-365,283
Profit After Tax
270,904
459,425
294,107
221,249
1,327,017
77,857
166,355
192,882
46,564
73,037
122,948
98,296
141,605
201,450
939,298
Dividends Paid
Retained Profit
270,904
459,425
294,107
221,249
1,327,017
77,857
166,355
192,882
46,564
73,037
122,948
98,296
141,605
201,450
939,298
Employee Costs
400,754
430,474
443,996
499,916
405,094
387,627
344,400
371,117
356,560
423,675
614,836
517,379
716,239
667,445
Number Of Employees
12
14
15
17
15
15
14
14
14
16
23
20
26
27
EBITDA*
524,377
717,506
535,514
453,776
1,829,503
266,235
395,846
486,122
345,075
330,173
402,319
402,685
508,392
495,553
1,493,796
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
894,300
843,084
920,127
646,922
701,191
813,084
744,247
949,388
1,119,515
1,049,531
1,082,568
1,220,929
1,418,669
1,413,159
1,104,814
Intangible Assets
Investments & Other
2,244,168
2,244,168
2,244,168
2,015,488
2,015,488
50
50
50
50
50
50
50
Debtors (Due After 1 year)
Total Fixed Assets
3,138,468
3,087,252
3,164,295
2,662,410
2,716,679
813,084
744,247
949,388
1,119,565
1,049,581
1,082,618
1,220,979
1,418,719
1,413,209
1,104,864
Stock & work in progress
582,139
687,645
424,842
209,444
286,357
337,161
358,999
159,598
213,868
250,171
207,320
273,949
284,362
175,753
192,003
Trade Debtors
164,337
248,374
327,664
262,090
353,661
466,432
409,554
512,791
396,345
413,135
610,148
587,347
739,526
756,532
864,317
Group Debtors
120,947
12,368
167,792
131,268
10,638
Misc Debtors
23,075
20,033
19,866
16,871
20,978
23,001
41,655
30,527
21,515
Cash
1,205,677
1,262,445
966,801
946,077
627,630
961,917
668,701
549,179
378,152
597,357
510,000
323,287
213,108
176,293
95,549
misc current assets
total current assets
2,096,175
2,230,865
1,906,965
1,565,750
1,299,264
1,788,511
1,478,909
1,252,095
1,009,880
1,260,663
1,327,468
1,184,583
1,236,996
1,108,578
1,151,869
total assets
5,234,643
5,318,117
5,071,260
4,228,160
4,015,943
2,601,595
2,223,156
2,201,483
2,129,445
2,310,244
2,410,086
2,405,562
2,655,715
2,521,787
2,256,733
Bank overdraft
Bank loan
Trade Creditors
188,908
241,013
260,743
105,233
193,229
248,198
168,783
58,846
116,859
517,641
579,305
546,405
696,306
814,786
831,298
Group/Directors Accounts
other short term finances
50,000
200,000
96,000
hp & lease commitments
4,652
30,333
28,000
28,000
5,752
79,292
other current liabilities
217,060
501,944
720,727
303,921
116,072
79,205
49,138
164,250
118,570
total current liabilities
410,620
773,290
1,009,470
459,154
537,301
423,403
217,921
228,848
314,721
517,641
579,305
546,405
696,306
814,786
831,298
loans
104,000
12,078
hp & lease commitments
30,333
86,333
86,333
5,040
Accruals and Deferred Income
other liabilities
96,203
222,999
364,935
553,349
422,284
371,546
provisions
186,029
177,737
123,792
69,115
124,855
145,886
114,766
99,185
108,573
118,707
126,891
109,591
total long term liabilities
186,029
177,737
154,125
155,448
86,333
104,000
124,855
150,926
210,969
322,184
473,508
672,056
561,253
481,137
total liabilities
596,649
951,027
1,163,595
614,602
623,634
527,403
217,921
353,703
465,647
728,610
901,489
1,019,913
1,368,362
1,376,039
1,312,435
net assets
4,637,994
4,367,090
3,907,665
3,613,558
3,392,309
2,074,192
2,005,235
1,847,780
1,663,798
1,581,634
1,508,597
1,385,649
1,287,353
1,145,748
944,298
total shareholders funds
4,637,994
4,367,090
3,907,665
3,613,558
3,392,309
2,074,192
2,005,235
1,847,780
1,663,798
1,581,634
1,508,597
1,385,649
1,287,353
1,145,748
944,298
Dec 2023
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
296,417
528,180
362,266
279,985
1,645,832
96,755
202,332
239,943
55,766
89,684
157,590
127,996
190,777
279,505
1,304,342
Depreciation
227,960
189,326
173,248
173,791
183,671
169,480
193,514
246,179
289,309
240,489
244,729
274,689
317,615
216,048
189,454
Amortisation
Tax
-90,301
-107,766
-68,988
-51,898
-311,276
-18,263
-39,022
-48,220
-11,641
-19,415
-36,725
-31,041
-49,753
-78,342
-365,283
Stock
-105,506
262,803
215,398
-76,913
-50,804
-21,838
199,401
-54,270
-36,303
42,851
-66,629
-10,413
108,609
-16,250
192,003
Debtors
27,584
-234,547
105,093
24,952
-104,156
38,224
-92,109
125,458
4,725
-197,013
22,801
-152,179
-17,006
-107,785
864,317
Creditors
-52,105
-19,730
155,510
-87,996
-54,969
79,415
109,937
-58,013
-400,782
-61,664
32,900
-149,901
-118,480
-16,512
831,298
Accruals and Deferred Income
-284,884
-218,783
416,806
187,849
36,867
30,067
-115,112
45,680
118,570
Deferred Taxes & Provisions
8,292
53,945
54,677
69,115
-124,855
-21,031
31,120
15,581
-9,388
-10,134
-8,184
17,300
109,591
Cash flow from operations
183,301
396,916
773,028
622,807
1,655,085
341,068
119,502
333,350
113,920
418,837
432,934
374,201
240,372
542,034
1,013,082
Investing Activities
capital expenditure
-279,176
-112,283
-446,453
-119,522
-71,778
-238,317
11,627
-76,052
-359,293
-207,452
-106,368
-76,949
-323,125
-524,393
-1,294,268
Change in Investments
228,680
2,015,488
-50
50
cash flow from investments
-279,176
-112,283
-675,133
-119,522
-2,087,266
-238,317
11,627
-76,002
-359,293
-207,452
-106,368
-76,949
-323,125
-524,393
-1,294,318
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-50,000
-150,000
104,000
96,000
Long term loans
-104,000
104,000
-12,078
12,078
Hire Purchase and Lease Commitments
-25,681
-28,000
-28,000
-28,000
114,333
-5,752
-78,580
84,332
other long term liabilities
-96,203
-126,796
-141,936
-188,414
131,065
50,738
371,546
share issue
-8,900
-8,900
-8,900
-8,900
35,600
5,000
interest
64,788
39,012
828
-6,838
-7,539
-635
3,045
1,159
2,439
2,768
2,083
1,341
581
287
239
cash flow from financing
39,107
11,012
-77,172
-184,838
97,894
190,465
-11,607
-86,321
26,168
-124,028
-139,853
-187,073
119,568
63,103
376,785
cash and cash equivalents
cash
-56,768
295,644
20,724
318,447
-334,287
293,216
119,522
171,027
-219,205
87,357
186,713
110,179
36,815
80,744
95,549
overdraft
change in cash
-56,768
295,644
20,724
318,447
-334,287
293,216
119,522
171,027
-219,205
87,357
186,713
110,179
36,815
80,744
95,549
brush technology limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for brush technology limited. Get real-time insights into brush technology limited's credit score, group structure and payment trends.
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brush technology limited Ownership
BRUSH TECHNOLOGY LIMITED group structure
Brush Technology Limited has 3 subsidiary companies.
The largest shareholders in Brush Technology Limited include Richard Renwick and Gillian Renwick.
richard renwick
50%
gillian renwick
50%
brush technology limited directors
Brush Technology Limited currently has 3 directors.
The longest serving directors include
Mr Richard Renwick (Jun 1992) and
Mrs Gillian Renwick (Jun 1992).
unit 3 throckley ind estate, ponteland road throckley, newcastle upon tyne, tyne & wear, NE15 9EW
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Legal Advisor
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brush technology 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 5 charges/mortgages relating to brush technology limited. Currently there are 4 open charges and 1 have been satisfied in the past.
brush technology 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.
Click to start generating capital raising & share issue transactions for BRUSH TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
brush technology limitedCompanies House Filings - See Documents
