textron limited
textron limited Company Information
Company Number
02657253
Website
http://www.textrongse.comRegistered Address
23 bedford row, london, WC1R 4EB
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Machining
Telephone
02077667110
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
textron atlantic llc 100%
textron limited Estimated Valuation
The estimated valuation range for textron limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £91.2m
textron limited Estimated Valuation
The estimated valuation range for textron limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £91.2m
textron limited Estimated Valuation
The estimated valuation range for textron limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £91.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Textron Limited AI Business Plan
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Textron Limited Overview
Textron Limited is a live company located in london, WC1R 4EB with a Companies House number of 02657253. It operates in the machining sector, SIC Code 25620. Founded in October 1991, it's largest shareholder is textron atlantic llc with a 100% stake. Textron Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.9m with healthy growth in recent years.
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Textron Limited Health Check
Pomanda's financial health check has awarded Textron Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £6.9m, make it smaller than the average company (£11.7m)
£6.9m - Textron Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (0.5%)
8% - Textron Limited
0.5% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)
26.8% - Textron Limited
26.8% - Industry AVG
Profitability
an operating margin of -11.8% make it less profitable than the average company (5.3%)
-11.8% - Textron Limited
5.3% - Industry AVG
Employees
with 23 employees, this is below the industry average (51)
23 - Textron Limited
51 - Industry AVG
Pay Structure
on an average salary of £205k, the company has a higher pay structure (£45.5k)
£205k - Textron Limited
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £301.3k, this is more efficient (£239.2k)
£301.3k - Textron Limited
£239.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Textron Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (42 days)
1 days - Textron Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Textron Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (11 weeks)
34 weeks - Textron Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.8%, this is a higher level of debt than the average (52.9%)
70.8% - Textron Limited
52.9% - Industry AVG
textron limited Credit Report and Business Information
Textron Limited Competitor Analysis
Perform a competitor analysis for textron limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
textron limited Ownership
TEXTRON LIMITED group structure
Textron Limited has 5 subsidiary companies.
Ultimate parent company
TEXTRON INC
#0001911
TEXTRON ATLANTIC LLC
#0059606
2 parents
TEXTRON LIMITED
02657253
5 subsidiaries
textron limited directors
Textron Limited currently has 2 directors. The longest serving directors include Ms Janet Fogarty (Jun 2020) and Mr Scott Hegstrom (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Janet Fogarty | 62 years | Jun 2020 | - | Director | |
| Mr Scott Hegstrom | 52 years | Nov 2020 | - | Director |
TEXTRON LIMITED financials
Textron Limited's latest turnover from December 2022 is £6.9 million and the company has net assets of £51.9 million. According to their latest financial statements, Textron Limited has 23 employees and maintains cash reserves of £82.7 million 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 | 6,929,000 | 7,407,000 | 5,852,000 | 5,521,000 | 5,147,000 | 3,806,000 | 4,081,000 | 3,203,000 | 2,926,000 | 2,616,000 | 3,789,000 | 3,768,000 | 3,980,000 | 6,783,000 |
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 485,000 | |||||||||||||
| Gross Profit | 6,298,000 | |||||||||||||
| Admin Expenses | 6,606,000 | |||||||||||||
| Operating Profit | -817,000 | -362,000 | -9,351,000 | -605,000 | -5,760,000 | -2,385,000 | 3,639,000 | 2,001,000 | 2,546,000 | 2,070,000 | 4,389,000 | -7,115,000 | -343,000 | -308,000 |
| Interest Payable | 1,944,000 | 176,000 | 995,000 | 1,514,000 | 654,000 | 256,000 | 174,000 | 478,000 | 55,000 | 8,168,000 | 8,706,000 | 8,955,000 | 9,561,000 | 9,337,000 |
| Interest Receivable | 739,000 | 295,000 | 1,623,000 | 2,204,000 | 1,387,000 | 2,491,000 | 2,213,000 | 985,000 | 439,000 | 10,551,000 | 10,701,000 | 10,944,000 | 10,205,000 | 11,007,000 |
| Pre-Tax Profit | -1,656,000 | -63,000 | -8,480,000 | 19,085,000 | 18,654,000 | -150,000 | 5,678,000 | 2,508,000 | 6,322,000 | 4,453,000 | 6,384,000 | -5,126,000 | 301,000 | 7,747,000 |
| Tax | 199,000 | -87,000 | 65,000 | -7,000 | 517,000 | 101,000 | 1,897,000 | 570,000 | 459,000 | 906,000 | 329,000 | 0 | 0 | 0 |
| Profit After Tax | -1,457,000 | -150,000 | -8,415,000 | 19,078,000 | 19,171,000 | -49,000 | 7,575,000 | 3,078,000 | 6,781,000 | 5,359,000 | 6,713,000 | -5,126,000 | 301,000 | 7,747,000 |
| Dividends Paid | 0 | 0 | 0 | 19,000,000 | 4,400,000 | 1,759,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,457,000 | -150,000 | -8,415,000 | 78,000 | 14,771,000 | -1,808,000 | 7,575,000 | 3,078,000 | 6,781,000 | 5,359,000 | 6,713,000 | -5,126,000 | 301,000 | 7,747,000 |
| Employee Costs | 4,716,000 | 4,747,000 | 4,166,000 | 4,057,000 | 7,093,000 | 3,481,000 | 3,455,000 | 2,683,000 | 2,016,000 | 1,241,000 | 1,661,000 | 1,828,000 | 2,014,000 | 2,591,000 |
| Number Of Employees | 23 | 27 | 26 | 20 | 21 | 21 | 22 | 19 | 16 | 13 | 14 | 12 | 16 | 15 |
| EBITDA* | -817,000 | -362,000 | -9,351,000 | -605,000 | -5,760,000 | -2,385,000 | 3,639,000 | 2,001,000 | 2,546,000 | 2,070,000 | 4,389,000 | -7,115,000 | -219,000 | -184,000 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 79,672,000 | 89,734,000 | 87,199,000 | 89,061,000 | 86,133,000 | 90,587,000 | 29,645,000 | 23,985,000 | 15,502,000 | 11,856,000 | 9,209,000 | 4,819,000 | 11,087,000 | 2,087,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 13,179,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 79,672,000 | 89,734,000 | 87,199,000 | 89,061,000 | 86,133,000 | 90,587,000 | 42,824,000 | 23,985,000 | 15,502,000 | 11,856,000 | 9,209,000 | 4,819,000 | 11,087,000 | 2,211,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 12,166,000 | 19,198,000 | 18,862,000 | 128,166,000 | 29,370,000 | 41,032,000 | 38,068,000 | 41,054,000 | 42,932,000 | 16,011,000 | 5,981,000 | 8,281,000 | 10,663,000 | 20,978,000 |
| Misc Debtors | 3,009,000 | 1,514,000 | 1,605,000 | 1,443,000 | 1,058,000 | 437,000 | 120,000 | 319,000 | 178,000 | 209,000 | 250,000 | 319,000 | 177,000 | 117,000 |
| Cash | 82,734,000 | 107,961,000 | 114,458,000 | 56,286,000 | 88,078,000 | 44,045,000 | 98,128,000 | 43,256,000 | 20,197,000 | 44,869,000 | 44,405,000 | 57,874,000 | 56,087,000 | 71,439,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 97,909,000 | 128,673,000 | 134,925,000 | 185,895,000 | 118,506,000 | 85,514,000 | 136,316,000 | 84,629,000 | 63,307,000 | 61,089,000 | 50,636,000 | 66,474,000 | 66,927,000 | 92,534,000 |
| total assets | 177,581,000 | 218,407,000 | 222,124,000 | 274,956,000 | 204,639,000 | 176,101,000 | 179,140,000 | 108,614,000 | 78,809,000 | 72,945,000 | 59,845,000 | 71,293,000 | 78,014,000 | 94,745,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,000 | 28,000 | 106,000 | 224,000 | 131,000 | 26,000 | 26,000 | 68,000 | 86,000 | 50,000 | 9,000 | 94,000 | 41,000 | 36,000 |
| Group/Directors Accounts | 124,811,000 | 163,579,000 | 170,942,000 | 213,569,000 | 144,081,000 | 126,880,000 | 131,320,000 | 67,838,000 | 43,929,000 | 38,152,000 | 27,861,000 | 38,595,000 | 33,021,000 | 48,413,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 3,495,000 | 525,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 808,000 | 774,000 | 542,000 | 588,000 | 704,000 | 888,000 | 630,000 | 247,000 | 323,000 | 171,000 | 289,000 | 228,000 | 120,000 | 614,000 |
| total current liabilities | 125,637,000 | 164,381,000 | 171,590,000 | 214,381,000 | 144,916,000 | 131,289,000 | 132,501,000 | 68,153,000 | 44,338,000 | 38,373,000 | 28,159,000 | 38,917,000 | 33,182,000 | 49,066,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 3,536,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 2,150,000 | 1,613,000 | 1,638,000 | 569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 2,150,000 | 1,613,000 | 1,638,000 | 4,105,000 | 0 | 12,139,000 | 8,881,000 | 21,106,000 | 22,365,000 | 1,125,000 | 12,991,000 |
| total liabilities | 125,637,000 | 164,381,000 | 171,590,000 | 216,531,000 | 146,529,000 | 132,927,000 | 136,606,000 | 68,153,000 | 56,477,000 | 47,254,000 | 49,265,000 | 61,282,000 | 34,307,000 | 62,057,000 |
| net assets | 51,944,000 | 54,026,000 | 50,534,000 | 58,425,000 | 58,110,000 | 43,174,000 | 42,534,000 | 40,461,000 | 22,332,000 | 25,691,000 | 10,580,000 | 10,011,000 | 43,707,000 | 32,688,000 |
| total shareholders funds | 51,944,000 | 54,026,000 | 50,534,000 | 58,425,000 | 58,110,000 | 43,174,000 | 42,534,000 | 40,461,000 | 22,332,000 | 25,691,000 | 10,580,000 | 10,011,000 | 43,707,000 | 32,688,000 |
| 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 | -817,000 | -362,000 | -9,351,000 | -605,000 | -5,760,000 | -2,385,000 | 3,639,000 | 2,001,000 | 2,546,000 | 2,070,000 | 4,389,000 | -7,115,000 | -343,000 | -308,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124,000 | 124,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 199,000 | -87,000 | 65,000 | -7,000 | 517,000 | 101,000 | 1,897,000 | 570,000 | 459,000 | 906,000 | 329,000 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,537,000 | 245,000 | -109,142,000 | 99,181,000 | -11,041,000 | -9,898,000 | 9,994,000 | -1,737,000 | 26,890,000 | 9,989,000 | -2,369,000 | -2,240,000 | -10,255,000 | 21,095,000 |
| Creditors | -10,000 | -78,000 | -118,000 | 93,000 | 105,000 | 0 | -42,000 | -18,000 | 36,000 | 41,000 | -85,000 | 53,000 | 5,000 | 36,000 |
| Accruals and Deferred Income | 34,000 | 232,000 | -46,000 | -116,000 | -184,000 | 258,000 | 383,000 | -76,000 | 152,000 | -118,000 | 61,000 | 108,000 | -494,000 | 614,000 |
| Deferred Taxes & Provisions | 0 | 0 | -2,150,000 | 537,000 | -25,000 | 1,069,000 | 569,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,943,000 | -540,000 | 97,542,000 | -99,279,000 | 5,694,000 | 8,941,000 | -3,548,000 | 4,214,000 | -23,697,000 | -7,090,000 | 7,063,000 | -4,714,000 | 9,547,000 | -20,629,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -10,062,000 | 2,535,000 | -1,862,000 | 2,928,000 | -4,454,000 | 60,942,000 | 5,660,000 | 8,483,000 | 3,646,000 | 2,647,000 | 4,390,000 | -6,268,000 | 9,000,000 | 2,087,000 |
| 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 | -38,768,000 | -7,363,000 | -42,627,000 | 69,488,000 | 17,201,000 | -4,440,000 | 63,482,000 | 23,909,000 | 5,777,000 | 10,291,000 | -10,734,000 | 5,574,000 | -15,392,000 | 48,413,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -3,495,000 | 2,970,000 | 525,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -3,536,000 | 3,536,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,205,000 | 119,000 | 628,000 | 690,000 | 733,000 | 2,235,000 | 2,039,000 | 507,000 | 384,000 | 2,383,000 | 1,995,000 | 1,989,000 | 644,000 | 1,670,000 |
| cash flow from financing | -40,598,000 | -3,602,000 | -41,475,000 | 70,415,000 | 14,604,000 | -323,000 | 64,080,000 | 39,467,000 | -3,979,000 | 22,426,000 | -14,883,000 | -21,007,000 | -4,030,000 | 75,024,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -25,227,000 | -6,497,000 | 58,172,000 | -31,792,000 | 44,033,000 | -54,083,000 | 54,872,000 | 23,059,000 | -24,672,000 | 464,000 | -13,469,000 | 1,787,000 | -15,352,000 | 71,439,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,000 | 3,000 |
| change in cash | -25,227,000 | -6,497,000 | 58,172,000 | -31,792,000 | 44,033,000 | -54,083,000 | 54,872,000 | 23,059,000 | -24,672,000 | 464,000 | -13,469,000 | 1,787,000 | -15,349,000 | 71,436,000 |
P&L
December 2022turnover
6.9m
-6%
operating profit
-817k
+126%
gross margin
26.8%
+2.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
51.9m
-0.04%
total assets
177.6m
-0.19%
cash
82.7m
-0.23%
net assets
Total assets minus all liabilities
textron limited company details
company number
02657253
Type
Private limited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
25620 - Machining
incorporation date
October 1991
age
33
accounts
Full Accounts
ultimate parent company
previous names
textron (1992) limited (October 1992)
textron (1991) limited (September 1992)
incorporated
UK
address
23 bedford row, london, WC1R 4EB
last accounts submitted
December 2022
textron 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 2 charges/mortgages relating to textron limited. Currently there are 1 open charges and 1 have been satisfied in the past.
textron limited Companies House Filings - See Documents
| date | description | view/download |
|---|
