andover norton international limited

andover norton international limited Company Information

Share ANDOVER NORTON INTERNATIONAL LIMITED
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Company Number

03020586

Industry

Manufacture of other parts and accessories for motor vehicles

 

Shareholders

katrin seifert

christine seifert

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Group Structure

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Contact

Registered Address

unit 6 wooler park, north way, andover, hampshire, SP10 5AZ

andover norton international limited Estimated Valuation

£824.8k

Pomanda estimates the enterprise value of ANDOVER NORTON INTERNATIONAL LIMITED at £824.8k based on a Turnover of £2.9m and 0.28x industry multiple (adjusted for size and gross margin).

andover norton international limited Estimated Valuation

£299.7k

Pomanda estimates the enterprise value of ANDOVER NORTON INTERNATIONAL LIMITED at £299.7k based on an EBITDA of £106.9k and a 2.8x industry multiple (adjusted for size and gross margin).

andover norton international limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of ANDOVER NORTON INTERNATIONAL LIMITED at £2.6m based on Net Assets of £1.5m and 1.78x industry multiple (adjusted for liquidity).

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Andover Norton International Limited Overview

Andover Norton International Limited is a live company located in andover, SP10 5AZ with a Companies House number of 03020586. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in February 1995, it's largest shareholder is katrin seifert with a 33.3% stake. Andover Norton International Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.

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Andover Norton International Limited Health Check

Pomanda's financial health check has awarded Andover Norton International Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £2.9m, make it smaller than the average company (£21.1m)

£2.9m - Andover Norton International Limited

£21.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.9%)

17% - Andover Norton International Limited

8.9% - Industry AVG

production

Production

with a gross margin of 21.1%, this company has a comparable cost of product (21.1%)

21.1% - Andover Norton International Limited

21.1% - Industry AVG

profitability

Profitability

an operating margin of 2.9% make it less profitable than the average company (3.7%)

2.9% - Andover Norton International Limited

3.7% - Industry AVG

employees

Employees

with 17 employees, this is below the industry average (112)

17 - Andover Norton International Limited

112 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Andover Norton International Limited

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £170.5k, this is equally as efficient (£195.1k)

£170.5k - Andover Norton International Limited

£195.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (48 days)

5 days - Andover Norton International Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is close to average (37 days)

37 days - Andover Norton International Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 250 days, this is more than average (57 days)

250 days - Andover Norton International Limited

57 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (8 weeks)

19 weeks - Andover Norton International Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.1%, this is a lower level of debt than the average (58%)

42.1% - Andover Norton International Limited

58% - Industry AVG

ANDOVER NORTON INTERNATIONAL LIMITED financials

EXPORTms excel logo

Andover Norton International Limited's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £1.5 million. According to their latest financial statements, Andover Norton International Limited has 17 employees and maintains cash reserves of £213.7 thousand 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
Turnover2,898,2432,274,7212,293,4501,816,0762,236,4381,986,4221,977,2561,781,2251,705,3932,015,4172,137,1812,102,7551,833,7012,520,8082,743,584
Other Income Or Grants000000000000000
Cost Of Sales2,285,5011,823,1981,850,6771,489,6351,816,4481,599,4021,535,1341,404,5361,368,6931,614,4861,684,8641,646,9281,427,1101,892,4612,152,265
Gross Profit612,742451,523442,773326,441419,990387,020442,122376,689336,700400,931452,317455,827406,591628,347591,319
Admin Expenses529,787150,214357,16678,083403,284249,179236,603219,486290,531243,251387,285410,878278,470512,166437,535
Operating Profit82,955301,30985,607248,35816,706137,841205,519157,20346,169157,68065,03244,949128,121116,181153,784
Interest Payable26,80527,71820,50320,56110,7810000000000
Interest Receivable12,0389,9671,6871922392,1831,416577864706314272303352238
Pre-Tax Profit68,188283,55866,791227,9896,164140,023206,935157,78047,034158,38665,34745,221128,424116,533154,022
Tax-17,047-53,876-12,690-43,318-1,171-26,604-39,318-31,556-9,407-33,261-15,030-10,853-33,390-32,629-43,126
Profit After Tax51,141229,68254,101184,6714,993113,419167,617126,22437,627125,12550,31734,36895,03483,904110,896
Dividends Paid000000000000000
Retained Profit51,141229,68254,101184,6714,993113,419167,617126,22437,627125,12550,31734,36895,03483,904110,896
Employee Costs682,201673,619540,366479,728491,485405,580410,074351,318341,865420,526421,506381,263354,128492,682635,636
Number Of Employees171715141412121111141413121723
EBITDA*106,949319,66688,292262,10222,639147,091217,577166,88756,000167,88875,08752,206134,859122,614160,206

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets639,947654,731593,899590,503599,28521,19136,99947,53237,15438,56434,85635,71023,60220,60219,654
Intangible Assets22,20425,66818,83510,5005,5000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets662,151680,399612,734601,003604,78521,19136,99947,53237,15438,56434,85635,71023,60220,60219,654
Stock & work in progress1,570,7081,386,6891,364,9521,204,6201,156,9191,204,6891,088,340878,171882,078848,779773,791788,574728,475680,700606,780
Trade Debtors42,78242,16133,88848,82626,84529,70552,08456,62477,885101,339116,625151,883120,865123,361115,920
Group Debtors000000000000000
Misc Debtors46,92349,34541,94552,99389,78982,75678,04770,36336,180000000
Cash213,749244,823224,202225,649157,581321,170260,884305,325156,094189,70392,58433,18875,60445,69795,145
misc current assets000000000000000
total current assets1,874,1621,723,0181,664,9871,532,0881,431,1341,638,3201,479,3551,310,4831,152,2371,139,821983,000973,645924,944849,758817,845
total assets2,536,3132,403,4172,277,7212,133,0912,035,9191,659,5111,516,3541,358,0151,189,3911,178,3851,017,8561,009,355948,546870,360837,499
Bank overdraft000000000000000
Bank loan222,542253,988286,855320,633353,4890000000000
Trade Creditors 235,250144,066254,75592,724190,87378,68299,331103,52288,268146,897120,825152,833117,078673,061724,785
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities101,10080,97652,47790,40845,472136,34985,96286,64951,233000000
total current liabilities558,892479,030594,087503,765589,834215,031185,293190,171139,501146,897120,825152,833117,078673,061724,785
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities497,259492,309493,070493,070493,070493,070493,070495,070506,070524,820516,408526,282538,28200
provisions10,92313,9802,1481,9413,3716,7596,7599,1596,4296,9045,9845,9383,2522,3991,718
total long term liabilities508,182506,289495,218495,011496,441499,829499,829504,229512,499531,724522,392532,220541,5342,3991,718
total liabilities1,067,074985,3191,089,305998,7761,086,275714,860685,122694,400652,000678,621643,217685,053658,612675,460726,503
net assets1,469,2391,418,0981,188,4161,134,315949,644944,651831,232663,615537,391499,764374,639324,302289,934194,900110,996
total shareholders funds1,469,2391,418,0981,188,4161,134,315949,644944,651831,232663,615537,391499,764374,639324,302289,934194,900110,996
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit82,955301,30985,607248,35816,706137,841205,519157,20346,169157,68065,03244,949128,121116,181153,784
Depreciation19,53015,79149013,7445,9339,25012,0589,6849,83110,20810,0557,2576,7386,4336,422
Amortisation4,4642,5662,195000000000000
Tax-17,047-53,876-12,690-43,318-1,171-26,604-39,318-31,556-9,407-33,261-15,030-10,853-33,390-32,629-43,126
Stock184,01921,737160,33247,701-47,770116,349210,169-3,90733,29974,988-14,78360,09947,77573,920606,780
Debtors-1,80115,673-25,986-14,8154,173-17,6703,14412,92212,726-15,286-35,25831,018-2,4967,441115,920
Creditors91,184-110,689162,031-98,149112,191-20,649-4,19115,254-58,62926,072-32,00835,755-555,983-51,724724,785
Accruals and Deferred Income20,12428,499-37,93144,936-90,87750,387-68735,41651,233000000
Deferred Taxes & Provisions-3,05711,832207-1,430-3,3880-2,4002,730-475920462,6868536811,718
Cash flow from operations15,935158,02265,563131,25582,99151,546-42,332179,716-7,303101,91778,136-11,323-498,940-42,419120,883
Investing Activities
capital expenditure-5,746-86,022-14,416-9,962-589,5276,558-1,525-20,062-8,421-13,916-9,201-19,365-9,738-7,381-26,076
Change in Investments000000000000000
cash flow from investments-5,746-86,022-14,416-9,962-589,5276,558-1,525-20,062-8,421-13,916-9,201-19,365-9,738-7,381-26,076
Financing Activities
Bank loans-31,446-32,867-33,778-32,856353,4890000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities4,950-7610000-2,000-11,000-18,7508,412-9,874-12,000538,28200
share issue000000000020000100
interest-14,767-17,751-18,816-20,369-10,5422,1831,416577864706314272303352238
cash flow from financing-41,263-51,379-52,594-53,225342,9472,183-584-10,423-17,8869,118-9,540-11,728538,585352338
cash and cash equivalents
cash-31,07420,621-1,44768,068-163,58960,286-44,441149,231-33,60997,11959,396-42,41629,907-49,44895,145
overdraft000000000000000
change in cash-31,07420,621-1,44768,068-163,58960,286-44,441149,231-33,60997,11959,396-42,41629,907-49,44895,145

andover norton international 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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Andover Norton International Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for andover norton international limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SP10 area or any other competitors across 12 key performance metrics.

andover norton international limited Ownership

ANDOVER NORTON INTERNATIONAL LIMITED group structure

Andover Norton International Limited has no subsidiary companies.

Ultimate parent company

ANDOVER NORTON INTERNATIONAL LIMITED

03020586

ANDOVER NORTON INTERNATIONAL LIMITED Shareholders

katrin seifert 33.33%
christine seifert 33.33%
tim seifert 33.33%

andover norton international limited directors

Andover Norton International Limited currently has 2 directors. The longest serving directors include Mr Hans Seifert (Jul 2007) and Mr Karl Smith (Aug 2019).

officercountryagestartendrole
Mr Hans SeifertGermany69 years Jul 2007- Director
Mr Karl SmithUnited Kingdom54 years Aug 2019- Director

P&L

March 2024

turnover

2.9m

+27%

operating profit

83k

0%

gross margin

21.2%

+6.51%

turnover

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

Balance Sheet

March 2024

net assets

1.5m

+0.04%

total assets

2.5m

+0.06%

cash

213.7k

-0.13%

net assets

Total assets minus all liabilities

andover norton international limited company details

company number

03020586

Type

Private limited with Share Capital

industry

29320 - Manufacture of other parts and accessories for motor vehicles

incorporation date

February 1995

age

30

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

unit 6 wooler park, north way, andover, hampshire, SP10 5AZ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

andover norton international 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 4 charges/mortgages relating to andover norton international limited. Currently there are 2 open charges and 2 have been satisfied in the past.

andover norton international 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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andover norton international limited Companies House Filings - See Documents

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