niko (int) limited

2.5

niko (int) limited Company Information

Share NIKO (INT) LIMITED
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Company Number

05085291

Registered Address

hamnett house gibbet street, halifax, west yorkshire, HX2 0AX

Industry

Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

 

Manufacture of other plastic products

 
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Telephone

01422356863

Next Accounts Due

September 2024

Group Structure

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Directors

Antony Wood20 Years

Paul Delaney20 Years

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Shareholders

roxor group limited 100%

niko (int) limited Estimated Valuation

£17.2m

Pomanda estimates the enterprise value of NIKO (INT) LIMITED at £17.2m based on a Turnover of £36.1m and 0.48x industry multiple (adjusted for size and gross margin).

niko (int) limited Estimated Valuation

£7m

Pomanda estimates the enterprise value of NIKO (INT) LIMITED at £7m based on an EBITDA of £1.6m and a 4.43x industry multiple (adjusted for size and gross margin).

niko (int) limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of NIKO (INT) LIMITED at £2.8m based on Net Assets of £1.5m and 1.82x industry multiple (adjusted for liquidity).

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Niko (int) Limited Overview

Niko (int) Limited is a live company located in west yorkshire, HX2 0AX with a Companies House number of 05085291. It operates in the manufacture of other products of wood sector, SIC Code 16290. Founded in March 2004, it's largest shareholder is roxor group limited with a 100% stake. Niko (int) Limited is a mature, large sized company, Pomanda has estimated its turnover at £36.1m with declining growth in recent years.

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Niko (int) Limited Health Check

Pomanda's financial health check has awarded Niko (Int) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £36.1m, make it larger than the average company (£15.8m)

£36.1m - Niko (int) Limited

£15.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.9%)

-2% - Niko (int) Limited

5.9% - Industry AVG

production

Production

with a gross margin of 10%, this company has a higher cost of product (27.4%)

10% - Niko (int) Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 3.5% make it less profitable than the average company (5.6%)

3.5% - Niko (int) Limited

5.6% - Industry AVG

employees

Employees

with 48 employees, this is below the industry average (74)

48 - Niko (int) Limited

74 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.1k, the company has a higher pay structure (£35.6k)

£48.1k - Niko (int) Limited

£35.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £751.1k, this is more efficient (£209.6k)

£751.1k - Niko (int) Limited

£209.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (49 days)

48 days - Niko (int) Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (39 days)

13 days - Niko (int) Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is less than average (58 days)

9 days - Niko (int) Limited

58 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)

1 weeks - Niko (int) Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.7%, this is a higher level of debt than the average (52.6%)

91.7% - Niko (int) Limited

52.6% - Industry AVG

niko (int) 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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Niko (int) Limited Competitor Analysis

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Perform a competitor analysis for niko (int) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

niko (int) limited Ownership

NIKO (INT) LIMITED group structure

Niko (Int) Limited has no subsidiary companies.

Ultimate parent company

1 parent

NIKO (INT) LIMITED

05085291

NIKO (INT) LIMITED Shareholders

roxor group limited 100%

niko (int) limited directors

Niko (Int) Limited currently has 5 directors. The longest serving directors include Mr Antony Wood (Mar 2004) and Mr Paul Delaney (Mar 2004).

officercountryagestartendrole
Mr Antony WoodEngland50 years Mar 2004- Director
Mr Paul Delaney63 years Mar 2004- Director
Mrs Ruth JacksonUnited Kingdom55 years Dec 2010- Director
Mr Michael DugglebyUnited Kingdom51 years Aug 2012- Director
Mr Ian Jones59 years Jul 2023- Director

NIKO (INT) LIMITED financials

EXPORTms excel logo

Niko (Int) Limited's latest turnover from December 2022 is £36.1 million and the company has net assets of £1.5 million. According to their latest financial statements, Niko (Int) Limited has 48 employees and maintains cash reserves of £613 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Jan 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Sep 2010Sep 2009
Turnover36,052,00041,851,00034,964,00038,654,00025,501,00028,172,0002,606,00027,996,00021,193,00014,156,0008,969,96322,682,66922,729,91115,479,8897,367,435
Other Income Or Grants000000000000000
Cost Of Sales32,442,00037,818,00031,297,00035,688,00023,577,00024,120,0002,075,00022,586,00016,543,00011,167,0007,504,99818,078,35318,078,54912,705,6655,634,210
Gross Profit3,610,0004,033,0003,667,0002,966,0001,924,0004,052,000531,0005,410,0004,650,0002,989,0001,464,9654,604,3164,651,3622,774,2241,733,225
Admin Expenses2,340,0003,867,0001,372,0002,820,0002,273,0003,208,000339,0004,491,0003,922,0002,642,0003,164,3703,929,4824,275,2491,555,8391,085,978
Operating Profit1,270,000166,0002,295,000146,000-349,000844,000192,000919,000728,000347,000-1,699,405674,834376,1131,218,385647,247
Interest Payable241,000140,000157,000202,000234,000101,00013,000140,00025,00018,00040,014199,372228,226253,858132,566
Interest Receivable0000000001,000158,0123,2921253190
Pre-Tax Profit1,029,00026,0001,862,000-528,000-583,000743,000179,000779,000703,000330,000-1,581,407478,754148,012964,846514,709
Tax-262,000-20,000-25,000574,000-308,000520,000-39,000-184,000-147,00090,000373,809-223,736102,055-275,026-131,108
Profit After Tax767,0006,0001,837,00046,000-891,0001,263,000140,000595,000556,000420,000-1,207,598255,018250,067689,820383,601
Dividends Paid03,000,00000000000000133,6090
Retained Profit767,000-2,994,0001,837,00046,000-891,0001,263,000140,000595,000556,000420,000-1,207,598255,018250,067556,211383,601
Employee Costs2,310,0002,413,0003,175,0003,160,0002,850,0002,233,000199,0002,091,0001,783,0001,783,0001,561,9981,603,5431,787,448735,851546,020
Number Of Employees486085909293666357575251472918
EBITDA*1,573,000409,0002,578,000502,00036,0001,212,000228,0001,810,0001,051,000667,000-1,501,672813,041443,5571,233,803655,240

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Jan 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Sep 2010Sep 2009
Tangible Assets1,753,0001,110,000940,0001,038,0001,263,0001,888,0001,588,0001,513,0001,514,0001,245,0001,092,464415,303405,81361,87915,408
Intangible Assets0050,000101,000119,000200,00000222,000327,000431,464421,653362,56500
Investments & Other0045,0000000000010,31410,31400
Debtors (Due After 1 year)00000000835,000835,000837,485875,4761,069,396775,8840
Total Fixed Assets1,753,0001,110,0001,035,0001,139,0001,382,0002,088,0001,588,0001,513,0002,571,0002,407,0002,361,4131,722,7461,848,088837,76315,408
Stock & work in progress807,000992,000647,000694,000694,000945,000669,000637,000917,0001,116,000286,090460,7912,092,933936,3011,532,759
Trade Debtors4,832,0006,492,0007,441,0008,457,0006,208,0006,410,0005,755,0006,266,0004,187,0002,058,0001,619,2691,310,7462,486,0373,088,0091,555,745
Group Debtors9,854,0007,767,00010,349,0008,468,0007,154,0005,466,0001,176,0001,214,000519,0000203,3331,013,470000
Misc Debtors481,0001,083,0001,249,0002,588,0001,475,000975,000342,000234,000219,0000446,181488,239468,325443,413851,392
Cash613,0001,338,0001,057,000461,00056,000171,00086,00039,0000865,000129,613884,571914,171994,99581,190
misc current assets000000000000000
total current assets16,587,00017,672,00020,743,00020,668,00015,587,00013,967,0008,028,0008,390,0005,842,0004,039,0002,684,4864,157,8175,961,4665,462,7184,021,086
total assets18,340,00018,782,00021,778,00021,807,00016,969,00016,055,0009,616,0009,903,0008,413,0006,446,0005,045,8995,880,5637,809,5546,300,4814,036,494
Bank overdraft3,237,0006,226,0005,822,0007,460,0004,814,0003,947,0003,344,0004,128,0002,681,000490,000445,529160,0002,014,3590585,171
Bank loan0000000000000810,2220
Trade Creditors 1,183,0001,641,0002,142,0002,300,0001,740,0001,991,000901,000977,000826,000661,000508,146397,5801,967,9491,299,7741,130,507
Group/Directors Accounts11,290,0008,851,0009,059,0009,007,0007,559,0006,566,0002,603,0002,727,0003,470,0003,973,0003,492,9261,960,4410152,712167,112
other short term finances000000000000000
hp & lease commitments139,00062,00083,00083,00068,000042,00047,000077,00077,75744,43766,66000
other current liabilities309,0001,123,000862,000893,000557,000297,0001,048,000663,000535,000900,000427,3421,998,7271,583,2322,034,2851,215,710
total current liabilities16,158,00017,903,00017,968,00019,743,00014,738,00012,801,0007,938,0008,542,0007,512,0006,101,0004,951,7004,561,1855,632,2004,296,9933,098,500
loans00000000000133,334293,333494,0940
hp & lease commitments431,00067,00053,000142,000160,000297,00054,0000135,000135,000214,14449,27044,44700
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions221,00049,00002,000197,000193,000123,00000089,881139,00296,82016,7071,518
total long term liabilities652,000116,00053,000144,000357,000490,000177,0000135,000135,000304,025321,606434,600510,8011,518
total liabilities16,810,00018,019,00018,021,00019,887,00015,095,00013,291,0008,115,0008,542,0007,647,0006,236,0005,255,7254,882,7916,066,8004,807,7943,100,018
net assets1,530,000763,0003,757,0001,920,0001,874,0002,764,0001,501,0001,361,000766,000210,000-209,826997,7721,742,7541,492,687936,476
total shareholders funds1,530,000763,0003,757,0001,920,0001,874,0002,764,0001,501,0001,361,000766,000210,000-209,826997,7721,742,7541,492,687936,476
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Jan 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Sep 2010Sep 2009
Operating Activities
Operating Profit1,270,000166,0002,295,000146,000-349,000844,000192,000919,000728,000347,000-1,699,405674,834376,1131,218,385647,247
Depreciation303,000193,000232,000356,000385,000368,00036,000826,000218,000215,00097,07067,72667,44415,4187,993
Amortisation050,00051,000000065,000105,000105,000100,66370,481000
Tax-262,000-20,000-25,000574,000-308,000520,000-39,000-184,000-147,00090,000373,809-223,736102,055-275,026-131,108
Stock-185,000345,000-47,0000-251,000308,00032,000-280,000-199,000829,910-174,701-1,632,1421,156,632-596,4581,532,759
Debtors-175,000-3,697,000-474,0004,676,0001,986,0005,137,000-441,0001,954,0002,867,000-213,268-581,663-335,827-283,5481,900,1692,407,137
Creditors-458,000-501,000-158,000560,000-251,0001,014,000-76,000151,000165,000152,854110,566-1,570,369668,175169,2671,130,507
Accruals and Deferred Income-814,000261,000-31,000336,000260,000-366,000385,000128,000-365,000472,658-1,571,385415,495-451,053818,5751,215,710
Deferred Taxes & Provisions172,00049,000-2,000-195,0004,000193,000123,00000-89,881-49,12142,18280,11315,1891,518
Cash flow from operations571,0003,550,0002,883,000-2,899,000-1,994,000-2,872,0001,030,000231,000-1,964,000675,989-1,881,4391,444,582-30,237658,097-1,068,029
Investing Activities
capital expenditure-946,000-363,000-134,000-113,000364,000-325,000-111,000-668,000-487,000-339,910,000-573,680-206,785-808,720-61,889-5,862
Change in Investments0-45,00045,0000000000-10,314010,31400
cash flow from investments-946,000-318,000-179,000-113,000364,000-325,000-111,000-668,000-487,000-339,910,000-563,366-206,785-819,034-61,889-5,862
Financing Activities
Bank loans000000000000-810,222810,2220
Group/Directors Accounts2,439,000-208,00052,0001,448,000993,0003,839,000-124,000-743,000-503,000480,0741,532,4851,960,441-152,712-14,400167,112
Other Short Term Loans 000000000000000
Long term loans0000000000-133,334-159,999-200,761494,0940
Hire Purchase and Lease Commitments441,000-7,000-89,000-3,000-69,000250,00049,000-88,000-77,000-79,901198,194-17,400111,10700
other long term liabilities000000000000000
share issue00001,000140,000000-1740-1,000,00000552,875
interest-241,000-140,000-157,000-202,000-234,000-101,000-13,000-140,000-25,000-17,000117,998-196,080-228,101-253,539-132,566
cash flow from financing2,639,000-355,000-194,0001,243,000691,0004,128,000-88,000-971,000-605,000382,9991,715,343586,962-1,280,6891,036,377587,421
cash and cash equivalents
cash-725,000281,000596,000405,000-115,000132,00047,00039,000-865,000735,387-754,958-29,600-80,824913,80581,190
overdraft-2,989,000404,000-1,638,0002,646,000867,000-181,000-784,0001,447,0002,191,00044,471285,529-1,854,3592,014,359-585,171585,171
change in cash2,264,000-123,0002,234,000-2,241,000-982,000313,000831,000-1,408,000-3,056,000690,916-1,040,4871,824,759-2,095,1831,498,976-503,981

P&L

December 2022

turnover

36.1m

-14%

operating profit

1.3m

+665%

gross margin

10.1%

+3.91%

turnover

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

Balance Sheet

December 2022

net assets

1.5m

+1.01%

total assets

18.3m

-0.02%

cash

613k

-0.54%

net assets

Total assets minus all liabilities

niko (int) limited company details

company number

05085291

Type

Private limited with Share Capital

industry

16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

22290 - Manufacture of other plastic products

46730 - Wholesale of wood, construction materials and sanitary equipment

incorporation date

March 2004

age

20

accounts

Full Accounts

ultimate parent company

previous names

niko distribution limited (March 2013)

incorporated

UK

address

hamnett house gibbet street, halifax, west yorkshire, HX2 0AX

last accounts submitted

December 2022

niko (int) 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 18 charges/mortgages relating to niko (int) limited. Currently there are 1 open charges and 17 have been satisfied in the past.

charges

niko (int) limited Companies House Filings - See Documents

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