reid & taylor limited
reid & taylor limited Company Information
Company Number
03320402
Website
reidandtaylor.comRegistered Address
3 hardman street, springfields, manchester, M3 3AT
Industry
Manufacture of other textiles n.e.c.
Telephone
-
Next Accounts Due
April 2024
Group Structure
View All
Shareholders
reid & taylor holdings ltd 98.4%
s kumars (investments) ltd 1.6%
reid & taylor limited Estimated Valuation
The estimated valuation range for reid & taylor limited, derived from financial data as of September 2011 and the most recent industry multiples, is between £0 to £515k
reid & taylor limited Estimated Valuation
The estimated valuation range for reid & taylor limited, derived from financial data as of September 2011 and the most recent industry multiples, is between £0 to £515k
reid & taylor limited Estimated Valuation
The estimated valuation range for reid & taylor limited, derived from financial data as of September 2011 and the most recent industry multiples, is between £0 to £515k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Reid & Taylor Limited Overview
Reid & Taylor Limited is a dissolved company that was located in manchester, M3 3AT with a Companies House number of 03320402. It operated in the manufacture of other textiles n.e.c. sector, SIC Code 13990. Founded in February 1997, it's largest shareholder was reid & taylor holdings ltd with a 98.4% stake. The last turnover for Reid & Taylor Limited was estimated at £3.1m.
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Reid & Taylor Limited Health Check
Pomanda's financial health check has awarded Reid & Taylor Limited a 2.5 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
3 Regular
6 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£7.8m)
- Reid & Taylor Limited
£7.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reid & Taylor Limited
- - Industry AVG
Production
with a gross margin of 25.7%, this company has a comparable cost of product (29.9%)
- Reid & Taylor Limited
29.9% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (4.2%)
- Reid & Taylor Limited
4.2% - Industry AVG
Employees
with 16 employees, this is below the industry average (84)
- Reid & Taylor Limited
84 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Reid & Taylor Limited
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £193.2k, this is more efficient (£137.7k)
- Reid & Taylor Limited
£137.7k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (62 days)
- Reid & Taylor Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (47 days)
- Reid & Taylor Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 85 days, this is in line with average (80 days)
- Reid & Taylor Limited
80 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Reid & Taylor Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (54.9%)
95.4% - Reid & Taylor Limited
54.9% - Industry AVG
reid & taylor limited Credit Report and Business Information
Reid & Taylor Limited Competitor Analysis
Perform a competitor analysis for reid & taylor limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
reid & taylor limited Ownership
REID & TAYLOR LIMITED group structure
Reid & Taylor Limited has no subsidiary companies.
Ultimate parent company
REID & TAYLOR (HOLDINGS) LTD
#0028381
1 parent
REID & TAYLOR LIMITED
03320402
reid & taylor limited directors
Reid & Taylor Limited currently has 2 directors. The longest serving directors include Mr David Ogilvie (May 2011) and Mr Paul Sharp (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Ogilvie | 61 years | May 2011 | - | Director | |
| Mr Paul Sharp | 56 years | May 2012 | - | Director |
REID & TAYLOR LIMITED financials
Reid & Taylor Limited's latest turnover from September 2011 is estimated at £3.1 million and the company has net assets of £66 thousand. According to their latest financial statements, we estimate that Reid & Taylor Limited has 16 employees and maintains cash reserves of £14.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|
| Tangible Assets | 62,903 | 60,232 | 102,165 |
| Intangible Assets | 7,000 | 8,000 | 13,999 |
| Investments & Other | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 69,904 | 68,233 | 116,165 |
| Stock & work in progress | 538,447 | 500,646 | 201,915 |
| Trade Debtors | 814,032 | 316,789 | 720,507 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 5,841 |
| Cash | 14,687 | 100,838 | 25,181 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,367,166 | 918,273 | 953,444 |
| total assets | 1,437,070 | 986,506 | 1,069,609 |
| Bank overdraft | 0 | 0 | 30,353 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 819,021 | 594,914 | 1,252,240 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 25,473 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 819,021 | 594,914 | 1,308,066 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 8,418 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 552,030 | 433,137 | 224,584 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 552,030 | 433,137 | 233,002 |
| total liabilities | 1,371,051 | 1,028,051 | 1,541,068 |
| net assets | 66,019 | -41,545 | -471,459 |
| total shareholders funds | 66,019 | -41,545 | -471,459 |
| Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 24,591 | 38,534 | 52,491 |
| Amortisation | 1,000 | 5,999 | 6,001 |
| Tax | |||
| Stock | 37,801 | 298,731 | 201,915 |
| Debtors | 497,243 | -409,559 | 726,348 |
| Creditors | 224,107 | -657,326 | 1,252,240 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 1 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -33,891 | 33,891 |
| other long term liabilities | 118,893 | 208,553 | 224,584 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -86,151 | 75,657 | 25,181 |
| overdraft | 0 | -30,353 | 30,353 |
| change in cash | -86,151 | 106,010 | -5,172 |
P&L
September 2011turnover
3.1m
+96%
operating profit
-92.7k
0%
gross margin
25.8%
+8.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2011net assets
66k
-2.59%
total assets
1.4m
+0.46%
cash
14.7k
-0.85%
net assets
Total assets minus all liabilities
reid & taylor limited company details
company number
03320402
Type
Private limited with Share Capital
industry
13990 - Manufacture of other textiles n.e.c.
incorporation date
February 1997
age
27
accounts
Total Exemption Small
ultimate parent company
previous names
boltcroft limited (September 1998)
incorporated
UK
address
3 hardman street, springfields, manchester, M3 3AT
last accounts submitted
September 2011
reid & taylor 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 reid & taylor limited. Currently there are 2 open charges and 2 have been satisfied in the past.
reid & taylor limited Companies House Filings - See Documents
| date | description | view/download |
|---|
