thwaites & reed clockmakers ltd
thwaites & reed clockmakers ltd Company Information
Company Number
04348702
Next Accounts
Feb 2026
Directors
Shareholders
melvyn lee
sam lee
View AllGroup Structure
View All
Industry
Manufacture of other special-purpose machinery n.e.c.
Registered Address
82 bevendean avenue, saltdean, brighton, east sussex, BN2 8PE
Website
www.thwaites-reed.co.ukthwaites & reed clockmakers ltd Estimated Valuation
Pomanda estimates the enterprise value of THWAITES & REED CLOCKMAKERS LTD at £23.7k based on a Turnover of £49.4k and 0.48x industry multiple (adjusted for size and gross margin).
thwaites & reed clockmakers ltd Estimated Valuation
Pomanda estimates the enterprise value of THWAITES & REED CLOCKMAKERS LTD at £180 based on an EBITDA of £50 and a 3.57x industry multiple (adjusted for size and gross margin).
thwaites & reed clockmakers ltd Estimated Valuation
Pomanda estimates the enterprise value of THWAITES & REED CLOCKMAKERS LTD at £0 based on Net Assets of £-138 and 2.21x industry multiple (adjusted for liquidity).
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Thwaites & Reed Clockmakers Ltd Overview
Thwaites & Reed Clockmakers Ltd is a live company located in east sussex, BN2 8PE with a Companies House number of 04348702. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in January 2002, it's largest shareholder is melvyn lee with a 33.3% stake. Thwaites & Reed Clockmakers Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £49.4k with high growth in recent years.
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Thwaites & Reed Clockmakers Ltd Health Check
Pomanda's financial health check has awarded Thwaites & Reed Clockmakers Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £49.4k, make it smaller than the average company (£13.4m)
- Thwaites & Reed Clockmakers Ltd
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (9.8%)
- Thwaites & Reed Clockmakers Ltd
9.8% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (31.2%)
- Thwaites & Reed Clockmakers Ltd
31.2% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.9%)
- Thwaites & Reed Clockmakers Ltd
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (71)
- Thwaites & Reed Clockmakers Ltd
71 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Thwaites & Reed Clockmakers Ltd
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £49.4k, this is less efficient (£190.5k)
- Thwaites & Reed Clockmakers Ltd
£190.5k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (58 days)
- Thwaites & Reed Clockmakers Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (42 days)
- Thwaites & Reed Clockmakers Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thwaites & Reed Clockmakers Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thwaites & Reed Clockmakers Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.1%, this is a higher level of debt than the average (46.8%)
101.1% - Thwaites & Reed Clockmakers Ltd
46.8% - Industry AVG
THWAITES & REED CLOCKMAKERS LTD financials
Thwaites & Reed Clockmakers Ltd's latest turnover from May 2024 is estimated at £49.4 thousand and the company has net assets of -£138. According to their latest financial statements, we estimate that Thwaites & Reed Clockmakers Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | 1 | 120 | 239 | 358 | |||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1 | 120 | 239 | 358 | |||||||||||
| Stock & work in progress | 5,063 | 4,850 | 5,795 | 4,850 | 6,800 | 6,198 | 5,389 | 4,656 | |||||||
| Trade Debtors | 12,699 | 11,032 | 4,757 | 7,191 | 7,373 | 6,236 | 6,192 | 8 | 8 | 1,461 | 2,800 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 22 | 125 | |||||||||||||
| Cash | 270 | 2,295 | 351 | 7,298 | 807 | 1,859 | 1,017 | 1,601 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 12,721 | 11,157 | 4,757 | 7,191 | 7,373 | 6,236 | 6,192 | 5,341 | 7,153 | 6,146 | 12,148 | 7,607 | 8,057 | 7,867 | 9,057 |
| total assets | 12,721 | 11,157 | 4,757 | 7,191 | 7,373 | 6,236 | 6,192 | 5,341 | 7,153 | 6,146 | 12,148 | 7,608 | 8,177 | 8,106 | 9,415 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,860 | 10,334 | 3,334 | 4,999 | 5,409 | 3,969 | 2,855 | 4,360 | 4,331 | 5,376 | 6,787 | 6,934 | 8,056 | 8,392 | 9,701 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 11,860 | 10,334 | 3,334 | 4,999 | 5,409 | 3,969 | 2,855 | 4,360 | 4,331 | 5,376 | 6,787 | 6,934 | 8,056 | 8,392 | 9,701 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 999 | 999 | 1,099 | 900 | 901 | 850 | 2,350 | ||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 999 | 999 | 1,099 | 900 | 901 | 850 | 2,350 | ||||||||
| total liabilities | 12,859 | 11,333 | 4,433 | 5,899 | 6,310 | 4,819 | 5,205 | 4,360 | 4,331 | 5,376 | 6,787 | 6,934 | 8,056 | 8,392 | 9,701 |
| net assets | -138 | -176 | 324 | 1,292 | 1,063 | 1,417 | 987 | 981 | 2,822 | 770 | 5,361 | 674 | 121 | -286 | -286 |
| total shareholders funds | -138 | -176 | 324 | 1,292 | 1,063 | 1,417 | 987 | 981 | 2,822 | 770 | 5,361 | 674 | 121 | -286 | -286 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | 1 | 119 | 19 | 119 | 119 | ||||||||||
| Tax | |||||||||||||||
| Stock | -5,063 | 213 | -945 | 945 | -1,950 | 602 | 809 | 733 | 4,656 | ||||||
| Debtors | 1,564 | 6,400 | -2,434 | -182 | 1,137 | 44 | 6,184 | 8 | -1,461 | -1,339 | 2,800 | ||||
| Creditors | 1,526 | 7,000 | -1,665 | -410 | 1,440 | 1,114 | -1,505 | 29 | -1,045 | -1,411 | -147 | -1,122 | -336 | -1,309 | 9,701 |
| Accruals and Deferred Income | -100 | 199 | -1 | 51 | -1,500 | 2,350 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -270 | -2,025 | 1,944 | -6,947 | 6,491 | -1,052 | 842 | -584 | 1,601 | ||||||
| overdraft | |||||||||||||||
| change in cash | -270 | -2,025 | 1,944 | -6,947 | 6,491 | -1,052 | 842 | -584 | 1,601 |
thwaites & reed clockmakers ltd Credit Report and Business Information
Thwaites & Reed Clockmakers Ltd Competitor Analysis
Perform a competitor analysis for thwaites & reed clockmakers ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BN2 area or any other competitors across 12 key performance metrics.
thwaites & reed clockmakers ltd Ownership
THWAITES & REED CLOCKMAKERS LTD group structure
Thwaites & Reed Clockmakers Ltd has no subsidiary companies.
Ultimate parent company
THWAITES & REED CLOCKMAKERS LTD
04348702
thwaites & reed clockmakers ltd directors
Thwaites & Reed Clockmakers Ltd currently has 1 director, Mr Melvyn Lee serving since Jan 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Melvyn Lee | 79 years | Jan 2002 | - | Director |
P&L
May 2024turnover
49.4k
+21%
operating profit
50.7
0%
gross margin
22.6%
+8.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-138
-0.22%
total assets
12.7k
+0.14%
cash
0
0%
net assets
Total assets minus all liabilities
thwaites & reed clockmakers ltd company details
company number
04348702
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
January 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
CLAMP BOXALL LTD
auditor
-
address
82 bevendean avenue, saltdean, brighton, east sussex, BN2 8PE
Bank
-
Legal Advisor
-
thwaites & reed clockmakers ltd 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 did not find charges/mortgages relating to thwaites & reed clockmakers ltd.
thwaites & reed clockmakers ltd 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.
Click to start generating capital raising & share issue transactions for THWAITES & REED CLOCKMAKERS LTD. This can take several minutes, an email will notify you when this has completed.
thwaites & reed clockmakers ltd Companies House Filings - See Documents
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