mintons carpets limited Company Information
Company Number
02800805
Website
www.mintonscarpets.co.ukRegistered Address
the old dairy, broadfield road, sheffield, S8 0XQ
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Wholesale of household goods (other than musical instruments) n.e.c.
Telephone
01142501015
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
c.e. littlewood 50%
n.j. littlewood 50%
mintons carpets limited Estimated Valuation
Pomanda estimates the enterprise value of MINTONS CARPETS LIMITED at £358.5k based on a Turnover of £1.1m and 0.32x industry multiple (adjusted for size and gross margin).
mintons carpets limited Estimated Valuation
Pomanda estimates the enterprise value of MINTONS CARPETS LIMITED at £126.4k based on an EBITDA of £33.4k and a 3.79x industry multiple (adjusted for size and gross margin).
mintons carpets limited Estimated Valuation
Pomanda estimates the enterprise value of MINTONS CARPETS LIMITED at £620.9k based on Net Assets of £290.5k and 2.14x industry multiple (adjusted for liquidity).
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Mintons Carpets Limited Overview
Mintons Carpets Limited is a live company located in sheffield, S8 0XQ with a Companies House number of 02800805. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46499. Founded in March 1993, it's largest shareholder is c.e. littlewood with a 50% stake. Mintons Carpets Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Mintons Carpets Limited Health Check
Pomanda's financial health check has awarded Mintons Carpets Limited a 3 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 £1.1m, make it smaller than the average company (£11.3m)
- Mintons Carpets Limited
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.8%)
- Mintons Carpets Limited
5.8% - Industry AVG
Production
with a gross margin of 35.2%, this company has a comparable cost of product (35.2%)
- Mintons Carpets Limited
35.2% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.2%)
- Mintons Carpets Limited
4.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (37)
8 - Mintons Carpets Limited
37 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Mintons Carpets Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £139.6k, this is less efficient (£260.7k)
- Mintons Carpets Limited
£260.7k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (33 days)
- Mintons Carpets Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (34 days)
- Mintons Carpets Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 152 days, this is more than average (91 days)
- Mintons Carpets Limited
91 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (16 weeks)
18 weeks - Mintons Carpets Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.1%, this is a similar level of debt than the average (57.9%)
53.1% - Mintons Carpets Limited
57.9% - Industry AVG
MINTONS CARPETS LIMITED financials
Mintons Carpets Limited's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £290.5 thousand. According to their latest financial statements, Mintons Carpets Limited has 8 employees and maintains cash reserves of £103.4 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 | ||||||||||||||
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 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 10 | ||||||
EBITDA* |
* 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 | 49,123 | 32,797 | 42,501 | 35,877 | 45,482 | 27,921 | 30,901 | 37,894 | 31,620 | 41,135 | 30,287 | 37,088 | 45,911 | 56,653 |
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 | 49,123 | 32,797 | 42,501 | 35,877 | 45,482 | 27,921 | 30,901 | 37,894 | 31,620 | 41,135 | 30,287 | 37,088 | 45,911 | 56,653 |
Stock & work in progress | 302,389 | 339,873 | 302,359 | 305,602 | 323,061 | 332,123 | 353,944 | 352,239 | 358,605 | 353,914 | 316,051 | 343,999 | 334,478 | 330,680 |
Trade Debtors | 72,556 | 33,248 | 70,497 | 108,139 | 90,400 | 152,044 | 129,306 | 123,091 | 236,647 | 193,277 | 190,646 | 212,041 | 234,532 | 228,924 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 91,363 | 121,795 | 76,609 | 41,895 | 46,463 | 47,291 | 43,399 | 43,303 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 103,359 | 91,232 | 43,270 | 544 | 352 | 353 | 522 | 237 | 169 | 84 | 581 | 743 | 350 | 482 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 569,667 | 586,148 | 492,735 | 456,180 | 460,276 | 531,811 | 527,171 | 518,870 | 595,421 | 547,275 | 507,278 | 556,783 | 569,360 | 560,086 |
total assets | 618,790 | 618,945 | 535,236 | 492,057 | 505,758 | 559,732 | 558,072 | 556,764 | 627,041 | 588,410 | 537,565 | 593,871 | 615,271 | 616,739 |
Bank overdraft | 10,000 | 10,000 | 8,333 | 97,409 | 100,588 | 105,158 | 110,677 | 109,643 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 140,662 | 167,398 | 111,811 | 88,406 | 133,614 | 161,853 | 155,711 | 157,932 | 412,104 | 359,579 | 339,357 | 381,081 | 413,194 | 383,843 |
Group/Directors Accounts | 93,191 | 83,442 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 16,337 | 16,337 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 4,184 | 0 | 0 | 3,065 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 35,938 | 32,311 | 98,922 | 90,061 | 77,510 | 88,323 | 72,463 | 65,879 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 296,128 | 309,488 | 219,066 | 275,876 | 315,896 | 355,334 | 338,851 | 336,519 | 412,104 | 359,579 | 339,357 | 381,081 | 413,194 | 383,843 |
loans | 22,389 | 32,095 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 7,795 | 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 | 2,402 | 0 | 0 | 0 | 0 | 2,983 | 9,993 | 0 | 0 | 2,977 | 6,548 |
provisions | 9,800 | 6,600 | 3,984 | 4,190 | 5,800 | 4,100 | 4,500 | 5,700 | 4,000 | 5,400 | 2,500 | 3,100 | 3,900 | 4,200 |
total long term liabilities | 32,189 | 38,695 | 45,651 | 6,592 | 13,595 | 4,100 | 4,500 | 5,700 | 6,983 | 15,393 | 2,500 | 3,100 | 6,877 | 10,748 |
total liabilities | 328,317 | 348,183 | 264,717 | 282,468 | 329,491 | 359,434 | 343,351 | 342,219 | 419,087 | 374,972 | 341,857 | 384,181 | 420,071 | 394,591 |
net assets | 290,473 | 270,762 | 270,519 | 209,589 | 176,267 | 200,298 | 214,721 | 214,545 | 207,954 | 213,438 | 195,708 | 209,690 | 195,200 | 222,148 |
total shareholders funds | 290,473 | 270,762 | 270,519 | 209,589 | 176,267 | 200,298 | 214,721 | 214,545 | 207,954 | 213,438 | 195,708 | 209,690 | 195,200 | 222,148 |
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 | ||||||||||||||
Depreciation | 7,665 | 9,252 | 8,643 | 9,605 | 6,951 | 6,930 | 6,993 | 10,616 | 9,515 | 8,708 | 6,801 | 8,520 | 10,742 | 13,519 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | -37,484 | 37,514 | -3,243 | -17,459 | -9,062 | -21,821 | 1,705 | -6,366 | 4,691 | 37,863 | -27,948 | 9,521 | 3,798 | 330,680 |
Debtors | 8,876 | 7,937 | -2,928 | 13,171 | -62,472 | 26,630 | 6,311 | -70,253 | 43,370 | 2,631 | -21,395 | -22,491 | 5,608 | 228,924 |
Creditors | -26,736 | 55,587 | 23,405 | -45,208 | -28,239 | 6,142 | -2,221 | -254,172 | 52,525 | 20,222 | -41,724 | -32,113 | 29,351 | 383,843 |
Accruals and Deferred Income | 3,627 | -66,611 | 8,861 | 12,551 | -10,813 | 15,860 | 6,584 | 65,879 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 3,200 | 2,616 | -206 | -1,610 | 1,700 | -400 | -1,200 | 1,700 | -1,400 | 2,900 | -600 | -800 | -300 | 4,200 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 9,749 | 83,442 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 16,337 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -9,706 | -9,572 | 41,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | -11,979 | 11,979 | 0 | -3,065 | 3,065 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | -2,402 | 2,402 | 0 | 0 | 0 | -2,983 | -7,010 | 9,993 | 0 | -2,977 | -3,571 | 6,548 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 12,127 | 47,962 | 42,726 | 192 | -1 | -169 | 285 | 68 | 85 | -497 | -162 | 393 | -132 | 482 |
overdraft | 0 | 1,667 | -89,076 | -3,179 | -4,570 | -5,519 | 1,034 | 109,643 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 12,127 | 46,295 | 131,802 | 3,371 | 4,569 | 5,350 | -749 | -109,575 | 85 | -497 | -162 | 393 | -132 | 482 |
mintons carpets limited Credit Report and Business Information
Mintons Carpets Limited Competitor Analysis
Perform a competitor analysis for mintons carpets limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in S 8 area or any other competitors across 12 key performance metrics.
mintons carpets limited Ownership
MINTONS CARPETS LIMITED group structure
Mintons Carpets Limited has no subsidiary companies.
Ultimate parent company
MINTONS CARPETS LIMITED
02800805
mintons carpets limited directors
Mintons Carpets Limited currently has 3 directors. The longest serving directors include Mr Christopher Littlewood (Mar 1993) and Mr Christopher Littlewood (Oct 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Christopher Littlewood | United Kingdom | 75 years | Mar 1993 | - | Director |
Mr Christopher Littlewood | 44 years | Oct 2018 | - | Director | |
Ms Nicola Broomhead | 48 years | Oct 2018 | - | Director |
P&L
March 2023turnover
1.1m
+19%
operating profit
25.7k
0%
gross margin
35.3%
+0.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
290.5k
+0.07%
total assets
618.8k
0%
cash
103.4k
+0.13%
net assets
Total assets minus all liabilities
mintons carpets limited company details
company number
02800805
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
46499 - Wholesale of household goods (other than musical instruments) n.e.c.
incorporation date
March 1993
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
the old dairy, broadfield road, sheffield, S8 0XQ
Bank
HSBC BANK PLC
Legal Advisor
-
mintons carpets 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 mintons carpets limited. Currently there are 1 open charges and 1 have been satisfied in the past.
mintons carpets limited Companies House Filings - See Documents
date | description | view/download |
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