nicholas & harris limited

Live MatureLargeLow

nicholas & harris limited Company Information

Share NICHOLAS & HARRIS LIMITED

Company Number

04636276

Directors

John Duffy

Stephen Boyd

View All

Shareholders

fennel acquisition limited

Group Structure

View All

Industry

Manufacture of bread; manufacture of fresh pastry goods and cakes

 

Registered Address

finsbury food group, maes-y-coed road, cardiff, CF14 4XR

nicholas & harris limited Estimated Valuation

£36.6m

Pomanda estimates the enterprise value of NICHOLAS & HARRIS LIMITED at £36.6m based on a Turnover of £37.1m and 0.99x industry multiple (adjusted for size and gross margin).

nicholas & harris limited Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of NICHOLAS & HARRIS LIMITED at £8.1m based on an EBITDA of £1.1m and a 7.22x industry multiple (adjusted for size and gross margin).

nicholas & harris limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of NICHOLAS & HARRIS LIMITED at £3.9m based on Net Assets of £1.9m and 2.08x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Nicholas & Harris Limited Overview

Nicholas & Harris Limited is a live company located in cardiff, CF14 4XR with a Companies House number of 04636276. It operates in the manufacture of bread sector, SIC Code 10710. Founded in January 2003, it's largest shareholder is fennel acquisition limited with a 100% stake. Nicholas & Harris Limited is a mature, large sized company, Pomanda has estimated its turnover at £37.1m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Nicholas & Harris Limited Health Check

Pomanda's financial health check has awarded Nicholas & Harris Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £37.1m, make it larger than the average company (£15.1m)

£37.1m - Nicholas & Harris Limited

£15.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.7%)

2% - Nicholas & Harris Limited

6.7% - Industry AVG

production

Production

with a gross margin of 29.1%, this company has a comparable cost of product (28.3%)

29.1% - Nicholas & Harris Limited

28.3% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (2.9%)

0.1% - Nicholas & Harris Limited

2.9% - Industry AVG

employees

Employees

with 308 employees, this is above the industry average (174)

308 - Nicholas & Harris Limited

174 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£28.3k)

£31.9k - Nicholas & Harris Limited

£28.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.3k, this is more efficient (£101.5k)

£120.3k - Nicholas & Harris Limited

£101.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is near the average (43 days)

38 days - Nicholas & Harris Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (45 days)

55 days - Nicholas & Harris Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is less than average (27 days)

15 days - Nicholas & Harris Limited

27 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (10 weeks)

16 weeks - Nicholas & Harris Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.8%, this is a higher level of debt than the average (59.7%)

89.8% - Nicholas & Harris Limited

59.7% - Industry AVG

NICHOLAS & HARRIS LIMITED financials

EXPORTms excel logo

Nicholas & Harris Limited's latest turnover from July 2023 is £37.1 million and the company has net assets of £1.9 million. According to their latest financial statements, Nicholas & Harris Limited has 308 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jun 2021Jun 2020Jun 2019Jun 2018Jul 2017Jul 2016Jun 2015Jun 2014Jun 2013Jun 2012Jul 2011Jul 2010
Turnover37,066,00035,663,00036,417,00035,042,00031,346,00029,760,00027,839,00027,717,00025,624,00025,006,00025,293,00021,759,00019,203,00017,046,000
Other Income Or Grants
Cost Of Sales26,282,00024,657,00023,793,00023,550,00021,621,00020,294,00018,682,00018,899,00017,713,00018,047,00017,629,00015,168,00013,495,00011,619,000
Gross Profit10,784,00011,006,00012,624,00011,492,0009,725,0009,466,0009,157,0008,818,0007,911,0006,959,0007,664,0006,591,0005,708,0005,427,000
Admin Expenses10,749,00010,633,00010,071,0009,419,0008,301,0008,118,0007,294,0007,230,0006,960,0005,696,0006,192,0005,450,0004,747,0004,610,000
Operating Profit35,000373,0002,553,0002,073,0001,424,0001,348,0001,863,0001,588,000951,0001,263,0001,472,0001,141,000961,000817,000
Interest Payable155,000108,000108,000106,000122,00093,000101,00081,00092,00087,00092,000110,000163,000219,000
Interest Receivable210,000128,000117,00069,000
Pre-Tax Profit90,000393,0002,562,0002,036,0001,302,0001,255,0001,762,0001,507,000859,0001,176,0001,380,0001,031,000798,000598,000
Tax-7,000-60,000-602,000-358,000-342,000537,000-318,000-351,000-145,000-6,000-94,000-79,0009,000-31,000
Profit After Tax83,000333,0001,960,0001,678,000960,0001,792,0001,444,0001,156,000714,0001,170,0001,286,000952,000807,000567,000
Dividends Paid400,0002,000,0001,500,000900,000900,0001,300,0001,385,000800,0001,100,0001,600,000
Retained Profit83,000-67,000-40,000178,00060,000892,000144,000-229,000-86,00070,000-314,000952,000807,000567,000
Employee Costs9,838,00010,030,0009,818,00011,685,00010,516,0009,853,0009,090,0008,678,0007,518,0007,640,0007,685,0006,978,0006,400,0005,008,000
Number Of Employees308351318325308306288280272278284265245223
EBITDA*1,122,0001,488,0003,680,0003,237,0002,120,0002,061,0002,498,0002,155,0001,495,0001,874,0002,024,0001,630,0001,403,0001,236,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jun 2021Jun 2020Jun 2019Jun 2018Jul 2017Jul 2016Jun 2015Jun 2014Jun 2013Jun 2012Jul 2011Jul 2010
Tangible Assets5,131,0005,650,0005,634,0006,261,0003,286,0003,482,0003,836,0004,010,0002,963,0003,042,0002,678,0002,686,0002,525,0002,621,000
Intangible Assets2,899,0003,054,0003,063,0003,073,0003,209,0002,840,0002,212,0001,001,0001,001,0001,001,0001,117,0001,233,0001,348,0001,464,000
Investments & Other190,000190,000190,000190,000190,000190,000495,0002,291,0002,291,0002,066,0002,066,0002,066,0002,066,0002,066,000
Debtors (Due After 1 year)
Total Fixed Assets8,220,0008,894,0008,887,0009,524,0006,685,0006,512,0006,543,0007,302,0006,255,0006,109,0005,861,0005,985,0005,939,0006,151,000
Stock & work in progress1,086,000690,000579,000754,000657,000501,000455,000441,000291,000302,000293,000276,000360,000223,000
Trade Debtors3,900,0003,509,0003,816,0004,389,0003,420,0003,064,0003,140,0003,549,0003,083,0002,737,0002,237,0002,020,0001,682,0001,579,000
Group Debtors51,000218,000138,00058,000
Misc Debtors653,000744,000429,000284,000254,000285,000313,000493,000461,000223,000216,000192,000176,000144,000
Cash4,395,0004,600,0004,697,0003,427,0002,539,0002,818,000216,000287,000654,000364,0002,180,0002,407,0001,570,0001,363,000
misc current assets
total current assets10,034,0009,594,0009,521,0008,854,0006,870,0006,668,0004,342,0004,908,0004,547,0003,626,0004,926,0004,895,0003,788,0003,309,000
total assets18,254,00018,488,00018,408,00018,378,00013,555,00013,180,00010,885,00012,210,00010,802,0009,735,00010,787,00010,880,0009,727,0009,460,000
Bank overdraft
Bank loan
Trade Creditors 3,976,0003,628,0004,150,0004,606,0003,702,0002,797,0002,888,0003,421,0003,271,0002,568,0002,589,0002,101,0001,913,0001,605,000
Group/Directors Accounts7,910,0008,397,0008,217,0007,754,0007,655,0007,949,0004,471,0004,071,0003,940,0003,665,0004,180,0003,610,0003,811,0003,851,000
other short term finances1,441,0002,046,0001,062,000842,0001,044,0001,753,0001,874,0002,125,000
hp & lease commitments371,000360,000367,000376,00026,00045,00045,000102,000187,000142,000142,000
other current liabilities1,947,0001,767,0001,115,000817,000598,000904,0001,456,0001,217,000809,000825,0001,084,000839,000556,000498,000
total current liabilities14,204,00014,152,00013,849,00013,553,00011,955,00011,650,00010,256,00010,781,0009,127,0007,945,0008,999,0008,490,0008,296,0008,221,000
loans204,000
hp & lease commitments1,911,0002,268,0002,499,0002,866,00026,00072,000117,000219,000199,000340,000
Accruals and Deferred Income
other liabilities205,000663,000
provisions285,000291,000272,000226,000122,000133,000146,000170,000171,000157,000183,000170,000192,000209,000
total long term liabilities2,196,0002,559,0002,771,0003,092,000122,000133,000146,000170,000197,000229,000300,000593,000596,0001,212,000
total liabilities16,400,00016,711,00016,620,00016,645,00012,077,00011,783,00010,402,00010,951,0009,324,0008,174,0009,299,0009,083,0008,892,0009,433,000
net assets1,854,0001,777,0001,788,0001,733,0001,478,0001,397,000483,0001,259,0001,478,0001,561,0001,488,0001,797,000835,00027,000
total shareholders funds1,854,0001,777,0001,788,0001,733,0001,478,0001,397,000483,0001,259,0001,478,0001,561,0001,488,0001,797,000835,00027,000
Jul 2023Jul 2022Jun 2021Jun 2020Jun 2019Jun 2018Jul 2017Jul 2016Jun 2015Jun 2014Jun 2013Jun 2012Jul 2011Jul 2010
Operating Activities
Operating Profit35,000373,0002,553,0002,073,0001,424,0001,348,0001,863,0001,588,000951,0001,263,0001,472,0001,141,000961,000817,000
Depreciation929,000995,000990,0001,028,000696,000713,000635,000567,000544,000495,000436,000374,000326,000304,000
Amortisation158,000120,000137,000136,000116,000116,000115,000116,000115,000
Tax-7,000-60,000-602,000-358,000-342,000537,000-318,000-351,000-145,000-6,000-94,000-79,0009,000-31,000
Stock396,000111,000-175,00097,000156,00046,00014,000150,000-11,0009,00017,000-84,000137,000223,000
Debtors249,00059,000-428,000999,000325,000-322,000-509,000578,000642,000507,000241,000354,000135,0001,723,000
Creditors348,000-522,000-456,000904,000905,000-91,000-533,000150,000703,000-21,000488,000188,000308,0001,605,000
Accruals and Deferred Income180,000652,000298,000219,000-306,000-552,000239,000408,000-16,000-259,000245,000283,00058,000498,000
Deferred Taxes & Provisions-6,00019,00046,000104,000-11,000-13,000-24,000-1,00014,000-26,00013,000-22,000-17,000209,000
Cash flow from operations992,0001,407,0003,569,0003,010,0001,885,0002,218,0002,357,0001,633,0001,420,0001,046,0002,418,0001,730,0001,489,0001,571,000
Investing Activities
capital expenditure-413,000-1,122,000-490,000-4,003,000-869,000-987,000-1,672,000-1,614,000-465,000-859,000-428,000-535,000-230,000-4,504,000
Change in Investments-305,000-1,796,000225,0002,066,000
cash flow from investments-413,000-1,122,000-490,000-4,003,000-869,000-682,000124,000-1,614,000-690,000-859,000-428,000-535,000-230,000-6,570,000
Financing Activities
Bank loans
Group/Directors Accounts-487,000180,000463,00099,000-294,0003,478,000400,000131,000275,000-515,000570,000-201,000-40,0003,851,000
Other Short Term Loans -1,441,000-605,000984,000220,000-202,000-709,000-121,000-251,0002,125,000
Long term loans-204,000204,000
Hire Purchase and Lease Commitments-346,000-238,000-376,0003,242,000-26,000-45,000-46,000-102,000-187,00065,000-141,000482,000
other long term liabilities-205,000-458,000663,000
share issue-6,00056,00095,00077,00021,00022,000-920,00010,0003,0003,0005,00010,0001,000-540,000
interest55,00020,0009,000-37,000-122,000-93,000-101,000-81,000-92,000-87,000-92,000-110,000-163,000-219,000
cash flow from financing-784,00018,000191,0003,381,000-395,0001,966,000-1,252,000999,000360,000-903,000-617,000-358,000-1,052,0006,362,000
cash and cash equivalents
cash-205,000-97,0001,270,000888,000-279,0002,602,000-71,000-367,000290,000-1,816,000-227,000837,000207,0001,363,000
overdraft
change in cash-205,000-97,0001,270,000888,000-279,0002,602,000-71,000-367,000290,000-1,816,000-227,000837,000207,0001,363,000

nicholas & harris limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nicholas & harris limited. Get real-time insights into nicholas & harris limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Nicholas & Harris Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nicholas & harris limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in CF14 area or any other competitors across 12 key performance metrics.

nicholas & harris limited Ownership

NICHOLAS & HARRIS LIMITED group structure

Nicholas & Harris Limited has 1 subsidiary company.

Ultimate parent company

FRISBEE BIDCO LTD

#0157495

2 parents

NICHOLAS & HARRIS LIMITED

04636276

1 subsidiary

NICHOLAS & HARRIS LIMITED Shareholders

fennel acquisition limited 100%

nicholas & harris limited directors

Nicholas & Harris Limited currently has 3 directors. The longest serving directors include Mr John Duffy (Oct 2009) and Mr Stephen Boyd (Jan 2010).

officercountryagestartendrole
Mr John DuffyUnited Kingdom60 years Oct 2009- Director
Mr Stephen BoydUnited Kingdom63 years Jan 2010- Director
Mr Steven HillUnited Kingdom42 years Dec 2023- Director

P&L

July 2023

turnover

37.1m

+4%

operating profit

35k

-91%

gross margin

29.1%

-5.73%

turnover

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

Balance Sheet

July 2023

net assets

1.9m

+0.04%

total assets

18.3m

-0.01%

cash

4.4m

-0.04%

net assets

Total assets minus all liabilities

nicholas & harris limited company details

company number

04636276

Type

Private limited with Share Capital

industry

10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes

incorporation date

January 2003

age

22

incorporated

UK

ultimate parent company

FRISBEE BIDCO LTD

accounts

Full Accounts

last accounts submitted

July 2023

previous names

towerville limited (February 2003)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

finsbury food group, maes-y-coed road, cardiff, CF14 4XR

Bank

HSBC BANK PLC

Legal Advisor

-

nicholas & harris 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 12 charges/mortgages relating to nicholas & harris limited. Currently there are 1 open charges and 11 have been satisfied in the past.

nicholas & harris 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.

Click to start generating capital raising & share issue transactions for NICHOLAS & HARRIS LIMITED. This can take several minutes, an email will notify you when this has completed.

nicholas & harris limited Companies House Filings - See Documents

datedescriptionview/download