north cheshire holdings limited
north cheshire holdings limited Company Information
Company Number
02828265
Next Accounts
21 days late
Industry
Manufacture of other fabricated metal products n.e.c.
Shareholders
a & s building developments ltd
Group Structure
View All
Contact
Registered Address
north cheshire house, kelvin close, warrington, WA3 7PB
north cheshire holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH CHESHIRE HOLDINGS LIMITED at £5.3m based on a Turnover of £11m and 0.49x industry multiple (adjusted for size and gross margin).
north cheshire holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH CHESHIRE HOLDINGS LIMITED at £2.1m based on an EBITDA of £542.8k and a 3.78x industry multiple (adjusted for size and gross margin).
north cheshire holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH CHESHIRE HOLDINGS LIMITED at £5.2m based on Net Assets of £2.8m and 1.86x industry multiple (adjusted for liquidity).
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North Cheshire Holdings Limited Overview
North Cheshire Holdings Limited is a live company located in warrington, WA3 7PB with a Companies House number of 02828265. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in June 1993, it's largest shareholder is a & s building developments ltd with a 100% stake. North Cheshire Holdings Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11m with healthy growth in recent years.
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North Cheshire Holdings Limited Health Check
Pomanda's financial health check has awarded North Cheshire Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £11m, make it in line with the average company (£12.1m)
£11m - North Cheshire Holdings Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (3.5%)
- North Cheshire Holdings Limited
3.5% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (29.4%)
15.9% - North Cheshire Holdings Limited
29.4% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (6.5%)
3.6% - North Cheshire Holdings Limited
6.5% - Industry AVG
Employees
with 25 employees, this is below the industry average (76)
25 - North Cheshire Holdings Limited
76 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- North Cheshire Holdings Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £439.8k, this is more efficient (£144.6k)
£439.8k - North Cheshire Holdings Limited
£144.6k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (62 days)
52 days - North Cheshire Holdings Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is close to average (50 days)
54 days - North Cheshire Holdings Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (70 days)
4 days - North Cheshire Holdings Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (12 weeks)
30 weeks - North Cheshire Holdings Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.7%, this is a similar level of debt than the average (48.6%)
44.7% - North Cheshire Holdings Limited
48.6% - Industry AVG
NORTH CHESHIRE HOLDINGS LIMITED financials
North Cheshire Holdings Limited's latest turnover from January 2023 is £11 million and the company has net assets of £2.8 million. According to their latest financial statements, North Cheshire Holdings Limited has 25 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,995,137 | 8,269,586 | 9,594,217 | 0 | 0 | 6,045,771 | 5,424,255 | 2,484,122 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 9,244,739 | 6,750,004 | 8,409,331 | 4,616,889 | 4,118,730 | 2,078,019 | ||||||||
| Gross Profit | 1,750,398 | 1,519,582 | 1,184,886 | 1,428,882 | 1,305,525 | 406,103 | ||||||||
| Admin Expenses | 1,357,020 | 974,511 | 1,038,988 | 903,827 | 775,948 | 477,582 | ||||||||
| Operating Profit | 393,378 | 545,071 | 145,898 | 400,770 | 334,720 | 525,055 | 529,577 | -71,479 | ||||||
| Interest Payable | 33,420 | 23,006 | 14,969 | 13,967 | 15,165 | 10,905 | 12,238 | 14,870 | ||||||
| Interest Receivable | 0 | 15 | 0 | 0 | 0 | 4 | 0 | 0 | ||||||
| Pre-Tax Profit | 359,958 | 522,080 | 130,929 | 386,803 | 319,555 | 514,154 | 517,339 | -86,349 | ||||||
| Tax | -89,565 | -64,247 | -31,868 | -64,474 | -34,524 | -122,192 | -123,282 | 15,019 | ||||||
| Profit After Tax | 270,393 | 457,833 | 99,061 | 322,329 | 285,031 | 391,962 | 394,057 | -71,330 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 142,000 | 203,000 | 48,000 | ||||||
| Retained Profit | 270,393 | 457,833 | 99,061 | 322,329 | 285,031 | 249,962 | 191,057 | -119,330 | ||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 25 | 22 | 25 | 31 | 28 | 28 | 24 | |||||||
| EBITDA* | 542,789 | 691,121 | 268,029 | 520,596 | 437,257 | 615,914 | 626,692 | -37,127 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,433,234 | 1,888,970 | 1,817,770 | 1,741,180 | 1,513,736 | 606,000 | 748,608 | 717,365 | 571,671 | 603,976 | 679,778 | 714,854 | 538,837 | 100,609 |
| 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 | 1,433,234 | 1,888,970 | 1,817,770 | 1,741,180 | 1,513,736 | 606,000 | 748,608 | 717,365 | 571,671 | 603,976 | 679,778 | 714,854 | 538,837 | 100,609 |
| Stock & work in progress | 110,000 | 206,000 | 77,500 | 135,000 | 100,000 | 99,450 | 21,300 | 74,750 | 56,000 | 185,164 | 86,269 | 98,866 | 180,000 | 200,000 |
| Trade Debtors | 1,585,684 | 910,187 | 1,220,174 | 2,957,816 | 1,884,092 | 1,766,388 | 1,820,982 | 1,197,663 | 1,326,546 | 1,262,683 | 1,283,404 | 1,276,297 | 626,190 | 691,138 |
| Group Debtors | 101,172 | 1,058,837 | 1,240,216 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 863,011 | 736,987 | 584,372 | 0 | 0 | 0 | 0 | 23,087 | 72,491 | 103,870 | 182,882 | 116,381 | 40,577 | 0 |
| Cash | 1,003,733 | 901,735 | 761 | 553,192 | 117,269 | 572,611 | 1,015,428 | 1,206,044 | 515,476 | 938 | 938 | 843 | 843 | 843 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,663,600 | 3,813,746 | 3,123,023 | 3,646,008 | 2,101,361 | 2,438,449 | 2,857,710 | 2,501,544 | 1,970,513 | 1,552,655 | 1,553,493 | 1,492,387 | 847,610 | 891,981 |
| total assets | 5,096,834 | 5,702,716 | 4,940,793 | 5,387,188 | 3,615,097 | 3,044,449 | 3,606,318 | 3,218,909 | 2,542,184 | 2,156,631 | 2,233,271 | 2,207,241 | 1,386,447 | 992,590 |
| Bank overdraft | 150,000 | 139,600 | 345,152 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 225,096 | 277,150 | 259,815 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,369,743 | 958,977 | 860,848 | 2,108,820 | 1,008,404 | 1,201,415 | 2,089,088 | 1,808,916 | 1,367,886 | 1,100,901 | 715,655 | 1,022,357 | 582,206 | 552,989 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74,965 | 39,052 | 3,994 | 0 |
| other current liabilities | 165,242 | 555,551 | 290,729 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 307,286 | 188,803 | 37,874 | 0 |
| total current liabilities | 1,684,985 | 1,654,128 | 1,496,729 | 2,108,820 | 1,008,404 | 1,201,415 | 2,089,088 | 1,808,916 | 1,367,886 | 1,100,901 | 1,323,002 | 1,527,362 | 883,889 | 552,989 |
| loans | 390,052 | 717,687 | 891,879 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,186 | 123,838 | 180,350 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65,495 | 37,100 | 4,181 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 124,306 | 384,174 | 79,001 | 914,113 | 483,596 | 0 | 0 | 189,402 | 151,613 | 230,518 | 0 | 0 | 0 | 2,244 |
| provisions | 81,202 | 76,136 | 60,426 | 50,558 | 17,739 | 30,203 | 56,711 | 52,401 | 19,526 | 20,152 | 13,542 | 9,857 | 0 | 0 |
| total long term liabilities | 595,560 | 1,177,997 | 1,031,306 | 964,671 | 501,335 | 30,203 | 56,711 | 241,803 | 171,139 | 250,670 | 151,223 | 170,795 | 184,531 | 2,244 |
| total liabilities | 2,280,545 | 2,832,125 | 2,528,035 | 3,073,491 | 1,509,739 | 1,231,618 | 2,145,799 | 2,050,719 | 1,539,025 | 1,351,571 | 1,474,225 | 1,698,157 | 1,068,420 | 555,233 |
| net assets | 2,816,289 | 2,870,591 | 2,412,758 | 2,313,697 | 2,105,358 | 1,812,831 | 1,460,519 | 1,168,190 | 1,003,159 | 805,060 | 759,046 | 509,084 | 318,027 | 437,357 |
| total shareholders funds | 2,816,289 | 2,870,591 | 2,412,758 | 2,313,697 | 2,105,358 | 1,812,831 | 1,460,519 | 1,168,190 | 1,003,159 | 805,060 | 759,046 | 509,084 | 318,027 | 437,357 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 393,378 | 545,071 | 145,898 | 400,770 | 334,720 | 525,055 | 529,577 | -71,479 | ||||||
| Depreciation | 149,411 | 146,050 | 122,131 | 155,652 | 0 | 103,015 | 119,826 | 102,537 | 87,003 | 74,539 | 90,859 | 97,115 | 34,352 | 33,536 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -89,565 | -64,247 | -31,868 | -64,474 | -34,524 | -122,192 | -123,282 | 15,019 | ||||||
| Stock | -96,000 | 128,500 | -57,500 | 35,000 | 550 | 78,150 | -53,450 | 18,750 | 56,000 | 98,895 | -12,597 | -81,134 | -20,000 | 200,000 |
| Debtors | -156,144 | -338,751 | 86,946 | 1,073,724 | 117,704 | -54,594 | 600,232 | -178,287 | 1,399,037 | -99,733 | 73,608 | 725,911 | -24,371 | 691,138 |
| Creditors | 410,766 | 98,129 | -1,247,972 | 1,100,416 | -193,011 | -887,673 | 280,172 | 441,030 | 1,367,886 | 385,246 | -306,702 | 440,151 | 29,217 | 552,989 |
| Accruals and Deferred Income | -390,309 | 264,822 | 290,729 | 0 | 0 | 0 | 0 | 0 | 0 | -307,286 | 118,483 | 150,929 | 37,874 | 0 |
| Deferred Taxes & Provisions | 5,066 | 15,710 | 9,868 | 32,819 | -12,464 | -26,508 | 4,310 | 32,875 | 19,526 | 6,610 | 3,685 | 9,857 | 0 | 0 |
| Cash flow from operations | 730,891 | 1,215,786 | -740,660 | 193,822 | 1,036,175 | 248,177 | 459,570 | 89,354 | ||||||
| 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 | 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 | -327,635 | -174,192 | 891,879 | 0 | 0 | 0 | 0 | 0 | 0 | -72,186 | -51,652 | -56,512 | 180,350 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -140,460 | 64,308 | 67,977 | 8,175 | 0 |
| other long term liabilities | -259,868 | 305,173 | -835,112 | 430,517 | 483,596 | 0 | -189,402 | 37,789 | 151,613 | 230,518 | 0 | 0 | -2,244 | 2,244 |
| share issue | ||||||||||||||
| interest | -33,420 | -22,991 | -14,969 | -13,967 | -15,165 | -10,901 | -12,238 | -14,870 | ||||||
| cash flow from financing | -945,618 | 107,990 | 41,798 | -233,369 | -97,376 | 1,755 | -773 | 171,411 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 101,998 | 900,974 | -552,431 | 435,923 | -455,342 | -442,817 | -190,616 | 690,568 | 515,476 | 0 | 95 | 0 | 0 | 843 |
| overdraft | 10,400 | -205,552 | 345,152 | 0 | 0 | 0 | 0 | 0 | 0 | -225,096 | -52,054 | 17,335 | 259,815 | 0 |
| change in cash | 91,598 | 1,106,526 | -897,583 | 435,923 | -455,342 | -442,817 | -190,616 | 690,568 | 515,476 | 225,096 | 52,149 | -17,335 | -259,815 | 843 |
north cheshire holdings limited Credit Report and Business Information
North Cheshire Holdings Limited Competitor Analysis
Perform a competitor analysis for north cheshire holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in WA3 area or any other competitors across 12 key performance metrics.
north cheshire holdings limited Ownership
NORTH CHESHIRE HOLDINGS LIMITED group structure
North Cheshire Holdings Limited has no subsidiary companies.
Ultimate parent company
NORTH CHESHIRE HOLDINGS LIMITED
02828265
north cheshire holdings limited directors
North Cheshire Holdings Limited currently has 4 directors. The longest serving directors include Mr Gregory Heywood (Jun 1993) and Mr Paul Hayes (Jun 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Heywood | England | 65 years | Jun 1993 | - | Director |
| Mr Paul Hayes | 61 years | Jun 1993 | - | Director | |
| Mr Sean Heywood | England | 37 years | May 2022 | - | Director |
| Mr Christopher Valentine | England | 44 years | May 2022 | - | Director |
P&L
January 2023turnover
11m
+33%
operating profit
393.4k
-28%
gross margin
16%
-13.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
2.8m
-0.02%
total assets
5.1m
-0.11%
cash
1m
+0.11%
net assets
Total assets minus all liabilities
north cheshire holdings limited company details
company number
02828265
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
June 1993
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2023
previous names
N/A
accountant
GARDINER RUSSELL ACCOUNTING LIMITED
auditor
-
address
north cheshire house, kelvin close, warrington, WA3 7PB
Bank
-
Legal Advisor
-
north cheshire holdings 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 north cheshire holdings limited. Currently there are 3 open charges and 2 have been satisfied in the past.
north cheshire holdings limited Companies House Filings - See Documents
| date | description | view/download |
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