ultra tough limited
ultra tough limited Company Information
Company Number
04101990
Website
www.ultratough.co.ukRegistered Address
bay 1/2 travellers lane, north mymms, hatfield, AL9 7EX
Industry
Manufacture of flat glass
Other business support service activities n.e.c.
Telephone
01707269000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
ultra tough holdings ltd 100%
ultra tough limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRA TOUGH LIMITED at £15.9m based on a Turnover of £20.1m and 0.79x industry multiple (adjusted for size and gross margin).
ultra tough limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRA TOUGH LIMITED at £10.7m based on an EBITDA of £1.9m and a 5.63x industry multiple (adjusted for size and gross margin).
ultra tough limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRA TOUGH LIMITED at £13.1m based on Net Assets of £5.8m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ultra Tough Limited Overview
Ultra Tough Limited is a live company located in hatfield, AL9 7EX with a Companies House number of 04101990. It operates in the manufacture of flat glass sector, SIC Code 23110. Founded in November 2000, it's largest shareholder is ultra tough holdings ltd with a 100% stake. Ultra Tough Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.1m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ultra Tough Limited Health Check
Pomanda's financial health check has awarded Ultra Tough Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £20.1m, make it larger than the average company (£12m)
£20.1m - Ultra Tough Limited
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.1%)
12% - Ultra Tough Limited
4.1% - Industry AVG
Production
with a gross margin of 31.9%, this company has a comparable cost of product (32.2%)
31.9% - Ultra Tough Limited
32.2% - Industry AVG
Profitability
an operating margin of 4.6% make it as profitable than the average company (5.5%)
4.6% - Ultra Tough Limited
5.5% - Industry AVG
Employees
with 163 employees, this is above the industry average (84)
163 - Ultra Tough Limited
84 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has a lower pay structure (£39.2k)
£30.5k - Ultra Tough Limited
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £123.1k, this is equally as efficient (£134.6k)
£123.1k - Ultra Tough Limited
£134.6k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (44 days)
55 days - Ultra Tough Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (39 days)
36 days - Ultra Tough Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (28 days)
8 days - Ultra Tough Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (19 weeks)
13 weeks - Ultra Tough Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.7%, this is a lower level of debt than the average (60.6%)
53.7% - Ultra Tough Limited
60.6% - Industry AVG
ULTRA TOUGH LIMITED financials
Ultra Tough Limited's latest turnover from March 2023 is £20.1 million and the company has net assets of £5.8 million. According to their latest financial statements, Ultra Tough Limited has 163 employees and maintains cash reserves of £1.3 million 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 | 20,061,826 | 17,379,670 | 12,964,980 | 14,241,466 | 16,644,041 | 14,554,576 | 11,526,362 | 9,654,009 | 9,049,529 | 8,451,903 | 8,677,732 | 8,953,068 | 8,554,205 | 7,641,562 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,662,969 | 11,249,016 | 8,879,476 | 9,786,691 | 11,173,159 | 9,641,205 | 7,695,268 | 6,428,461 | 6,142,849 | 5,765,067 | 5,951,542 | 6,029,203 | 5,777,245 | 4,947,225 |
| Gross Profit | 6,398,857 | 6,130,654 | 4,085,504 | 4,454,775 | 5,470,882 | 4,913,371 | 3,831,094 | 3,225,548 | 2,906,680 | 2,686,836 | 2,726,190 | 2,923,865 | 2,776,960 | 2,694,337 |
| Admin Expenses | 5,468,703 | 4,575,976 | 2,964,356 | 3,601,408 | 3,737,960 | 2,939,853 | 2,431,772 | 2,085,711 | 2,589,882 | 2,537,972 | 2,346,910 | 2,245,976 | 2,212,280 | 2,459,332 |
| Operating Profit | 930,154 | 1,554,678 | 1,121,148 | 853,367 | 1,732,922 | 1,973,518 | 1,399,322 | 1,139,837 | 316,798 | 148,864 | 379,280 | 677,889 | 564,680 | 235,005 |
| Interest Payable | 53,120 | 38,858 | 27,397 | 39,465 | 183,406 | 34,337 | 27,584 | 17,294 | 4,533 | 37,632 | 66,744 | 67,217 | 73,633 | 69,515 |
| Interest Receivable | 14,248 | 129 | 912 | 4,591 | 4,790 | 718 | 1,404 | 691 | 160 | 381 | 0 | 256 | 11 | 1,756 |
| Pre-Tax Profit | 891,282 | 1,515,949 | 1,094,663 | 818,493 | 1,554,306 | 1,939,899 | 1,373,142 | 1,123,234 | 312,395 | 111,613 | 312,536 | 736,559 | 491,058 | 167,246 |
| Tax | -101,829 | -440,386 | -211,427 | -220,072 | -251,530 | -490,017 | -253,634 | -218,366 | -67,434 | -334 | -53,600 | -156,942 | -107,289 | -29,599 |
| Profit After Tax | 789,453 | 1,075,563 | 883,236 | 598,421 | 1,302,776 | 1,449,882 | 1,119,508 | 904,868 | 244,961 | 111,279 | 258,936 | 579,617 | 383,769 | 137,647 |
| Dividends Paid | 2,500,000 | 0 | 601,000 | 0 | 250,000 | 250,000 | 125,000 | 1,400,000 | 130,000 | 120,000 | 200,000 | 140,000 | 75,000 | 75,000 |
| Retained Profit | -1,710,547 | 1,075,563 | 282,236 | 598,421 | 1,052,776 | 1,199,882 | 994,508 | -495,132 | 114,961 | -8,721 | 58,936 | 439,617 | 308,769 | 62,647 |
| Employee Costs | 4,974,659 | 4,468,322 | 3,780,496 | 3,915,593 | 4,356,671 | 3,544,592 | 2,665,377 | 2,131,876 | 2,082,821 | 2,060,362 | 1,706,293 | 1,354,341 | 1,536,654 | 1,400,699 |
| Number Of Employees | 163 | 139 | 134 | 156 | 174 | 149 | 117 | 111 | 91 | 92 | 93 | 83 | 74 | 67 |
| EBITDA* | 1,903,331 | 2,195,337 | 1,520,813 | 1,205,668 | 2,062,266 | 2,199,427 | 1,607,459 | 1,315,558 | 721,018 | 542,141 | 772,087 | 1,075,637 | 962,428 | 670,642 |
* 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 | 3,273,095 | 3,523,098 | 2,677,613 | 1,705,935 | 1,888,848 | 1,948,857 | 2,085,912 | 971,333 | 510,382 | 545,698 | 917,288 | 1,310,095 | 1,683,532 | 2,060,280 |
| 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) | 4,456,085 | 2,568,611 | 2,568,611 | 2,397,049 | 2,397,049 | 1,707,799 | 1,405,860 | 1,267,737 | 2,360,702 | 2,233,297 | 2,047,836 | 2,175,738 | 2,048,868 | 1,830,397 |
| Total Fixed Assets | 7,729,180 | 6,091,709 | 5,246,224 | 4,102,984 | 4,285,897 | 3,656,656 | 3,491,772 | 2,239,070 | 2,871,084 | 2,778,995 | 2,965,124 | 3,485,833 | 3,732,400 | 3,890,677 |
| Stock & work in progress | 319,653 | 249,192 | 171,549 | 174,517 | 169,032 | 167,952 | 154,103 | 138,784 | 122,720 | 136,481 | 154,276 | 130,948 | 125,532 | 124,805 |
| Trade Debtors | 3,039,705 | 2,884,262 | 2,100,066 | 2,032,018 | 2,529,916 | 2,355,737 | 2,367,350 | 1,463,297 | 1,776,354 | 1,435,141 | 1,617,201 | 1,506,777 | 1,633,103 | 1,377,342 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 122,886 | 258,937 | 155,408 | 117,422 | 103,597 | 173,341 | 34,530 | 60,242 | 84,765 | 68,962 | 100,893 | 89,068 | 114,130 | 18,882 |
| Cash | 1,312,207 | 2,393,107 | 2,880,302 | 1,809,154 | 1,372,961 | 1,397,880 | 1,412,853 | 974,504 | 266,414 | 148,950 | 130,251 | 213,507 | 102,901 | 288,244 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,794,451 | 5,785,498 | 5,307,325 | 4,133,111 | 4,175,506 | 4,094,910 | 3,968,836 | 2,636,827 | 2,250,253 | 1,789,534 | 2,002,621 | 1,940,300 | 1,975,666 | 1,809,273 |
| total assets | 12,523,631 | 11,877,207 | 10,553,549 | 8,236,095 | 8,461,403 | 7,751,566 | 7,460,608 | 4,875,897 | 5,121,337 | 4,568,529 | 4,967,745 | 5,426,133 | 5,708,066 | 5,699,950 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,372,136 | 1,043,396 | 1,345,854 | 724,977 | 1,037,063 | 925,945 | 1,439,284 | 869,548 | 1,088,476 | 828,477 | 874,423 | 881,431 | 856,873 | 736,565 |
| Group/Directors Accounts | 2,500,000 | 41,000 | 341,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 131,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 456,494 | 559,033 | 323,931 | 239,612 | 342,118 | 359,254 | 217,762 | 141,500 | 72,688 | 8,079 | 216,516 | 469,616 | 467,901 | 479,193 |
| other current liabilities | 677,487 | 493,427 | 735,184 | 518,796 | 697,489 | 698,848 | 966,012 | 742,464 | 537,817 | 1,027,063 | 1,110,231 | 1,101,688 | 1,335,817 | 1,117,638 |
| total current liabilities | 5,006,117 | 2,136,856 | 2,745,969 | 1,483,385 | 2,076,670 | 1,984,047 | 2,623,058 | 1,753,512 | 1,698,981 | 1,863,619 | 2,201,170 | 2,452,735 | 2,660,591 | 2,464,396 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,000,944 | 1,439,644 | 642,782 | 261,918 | 502,679 | 844,797 | 538,706 | 398,072 | 239,305 | 23,948 | 16,333 | 217,745 | 673,334 | 1,136,788 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 380,040 | 107,191 | 143,942 | 180,693 | 888,545 | 336,522 | 377,684 | 0 | 0 | 0 | 0 | 0 |
| provisions | 722,940 | 796,530 | 356,144 | 237,223 | 190,155 | 246,848 | 115,000 | 87,000 | 9,444 | 0 | 60,559 | 124,906 | 183,011 | 216,405 |
| total long term liabilities | 1,723,884 | 2,236,174 | 1,378,966 | 606,332 | 836,776 | 1,272,338 | 1,542,251 | 821,594 | 626,433 | 23,948 | 76,892 | 342,651 | 856,345 | 1,353,193 |
| total liabilities | 6,730,001 | 4,373,030 | 4,124,935 | 2,089,717 | 2,913,446 | 3,256,385 | 4,165,309 | 2,575,106 | 2,325,414 | 1,887,567 | 2,278,062 | 2,795,386 | 3,516,936 | 3,817,589 |
| net assets | 5,793,630 | 7,504,177 | 6,428,614 | 6,146,378 | 5,547,957 | 4,495,181 | 3,295,299 | 2,300,791 | 2,795,923 | 2,680,962 | 2,689,683 | 2,630,747 | 2,191,130 | 1,882,361 |
| total shareholders funds | 5,793,630 | 7,504,177 | 6,428,614 | 6,146,378 | 5,547,957 | 4,495,181 | 3,295,299 | 2,300,791 | 2,795,923 | 2,680,962 | 2,689,683 | 2,630,747 | 2,191,130 | 1,882,361 |
| 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 | 930,154 | 1,554,678 | 1,121,148 | 853,367 | 1,732,922 | 1,973,518 | 1,399,322 | 1,139,837 | 316,798 | 148,864 | 379,280 | 677,889 | 564,680 | 235,005 |
| Depreciation | 973,177 | 640,659 | 399,665 | 352,301 | 329,344 | 225,909 | 208,137 | 175,721 | 404,220 | 393,277 | 392,807 | 397,748 | 397,748 | 435,637 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -101,829 | -440,386 | -211,427 | -220,072 | -251,530 | -490,017 | -253,634 | -218,366 | -67,434 | -334 | -53,600 | -156,942 | -107,289 | -29,599 |
| Stock | 70,461 | 77,643 | -2,968 | 5,485 | 1,080 | 13,849 | 15,319 | 16,064 | -13,761 | -17,795 | 23,328 | 5,416 | 727 | 124,805 |
| Debtors | 1,906,866 | 887,725 | 277,596 | -484,073 | 793,685 | 429,137 | 1,016,464 | -1,430,545 | 484,421 | -28,530 | -5,653 | -24,518 | 569,480 | 3,226,621 |
| Creditors | 328,740 | -302,458 | 620,877 | -312,086 | 111,118 | -513,339 | 569,736 | -218,928 | 259,999 | -45,946 | -7,008 | 24,558 | 120,308 | 736,565 |
| Accruals and Deferred Income | 184,060 | -241,757 | 216,388 | -178,693 | -1,359 | -267,164 | 223,548 | 204,647 | -489,246 | -83,168 | 8,543 | -234,129 | 218,179 | 1,117,638 |
| Deferred Taxes & Provisions | -73,590 | 440,386 | 118,921 | 47,068 | -56,693 | 131,848 | 28,000 | 77,556 | 9,444 | -60,559 | -64,347 | -58,105 | -33,394 | 216,405 |
| Cash flow from operations | 263,385 | 685,754 | 1,990,944 | 1,020,473 | 1,069,037 | 617,769 | 1,143,326 | 2,574,948 | -36,879 | 398,459 | 638,000 | 670,121 | 590,025 | -639,775 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -269,335 | -106,336 | -1,322,716 | -24,311 | -21,000 | -4,915 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -269,335 | -106,336 | -1,322,716 | -24,311 | -21,000 | -4,915 | ||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,459,000 | -300,000 | 341,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -131,000 | 131,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -541,239 | 1,031,964 | 465,183 | -343,267 | -359,254 | 447,583 | 216,896 | 227,579 | 279,966 | -200,822 | -454,512 | -453,874 | -474,746 | 1,615,981 |
| other long term liabilities | 0 | -380,040 | 272,849 | -36,751 | -36,751 | -707,852 | 552,023 | -41,162 | 377,684 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -38,872 | -38,729 | -26,485 | -34,874 | -178,616 | -33,619 | -26,180 | -16,603 | -4,373 | -37,251 | -66,744 | -66,961 | -73,622 | -67,759 |
| cash flow from financing | 1,878,889 | 313,195 | 1,052,547 | -414,892 | -574,621 | -293,888 | 742,739 | 169,814 | 653,277 | -238,073 | -521,256 | -520,835 | -679,368 | 3,498,936 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,080,900 | -487,195 | 1,071,148 | 436,193 | -24,919 | -14,973 | 438,349 | 708,090 | 117,464 | 18,699 | -83,256 | 110,606 | -185,343 | 288,244 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,080,900 | -487,195 | 1,071,148 | 436,193 | -24,919 | -14,973 | 438,349 | 708,090 | 117,464 | 18,699 | -83,256 | 110,606 | -185,343 | 288,244 |
ultra tough limited Credit Report and Business Information
Ultra Tough Limited Competitor Analysis
Perform a competitor analysis for ultra tough limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in AL9 area or any other competitors across 12 key performance metrics.
ultra tough limited Ownership
ULTRA TOUGH LIMITED group structure
Ultra Tough Limited has no subsidiary companies.
ultra tough limited directors
Ultra Tough Limited currently has 4 directors. The longest serving directors include Mr Maganlal Bhagat (Nov 2000) and Mr Mahadra Patel (Nov 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Maganlal Bhagat | England | 58 years | Nov 2000 | - | Director |
| Mr Mahadra Patel | England | 53 years | Nov 2000 | - | Director |
| Mr Shailesh Divani | England | 43 years | Dec 2005 | - | Director |
| Mr Kevin Barlow | England | 53 years | Dec 2005 | - | Director |
P&L
March 2023turnover
20.1m
+15%
operating profit
930.2k
-40%
gross margin
31.9%
-9.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.8m
-0.23%
total assets
12.5m
+0.05%
cash
1.3m
-0.45%
net assets
Total assets minus all liabilities
ultra tough limited company details
company number
04101990
Type
Private limited with Share Capital
industry
23110 - Manufacture of flat glass
82990 - Other business support service activities n.e.c.
incorporation date
November 2000
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
KLSA LLP
address
bay 1/2 travellers lane, north mymms, hatfield, AL9 7EX
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
ultra tough 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 ultra tough limited. Currently there are 1 open charges and 3 have been satisfied in the past.
ultra tough limited Companies House Filings - See Documents
| date | description | view/download |
|---|
