chinatool uk limited
chinatool uk limited Company Information
Company Number
05132574
Next Accounts
Sep 2025
Shareholders
china tool projects uk ltd
Group Structure
View All
Industry
Wholesale trade of motor vehicle parts and accessories
Registered Address
3000a parkway, whiteley, hampshire, PO15 7FX
Website
www.chinatoolhk.comchinatool uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHINATOOL UK LIMITED at £22.3m based on a Turnover of £56.4m and 0.4x industry multiple (adjusted for size and gross margin).
chinatool uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHINATOOL UK LIMITED at £43.6m based on an EBITDA of £8.5m and a 5.16x industry multiple (adjusted for size and gross margin).
chinatool uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHINATOOL UK LIMITED at £14.8m based on Net Assets of £6.2m and 2.38x industry multiple (adjusted for liquidity).
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Chinatool Uk Limited Overview
Chinatool Uk Limited is a live company located in hampshire, PO15 7FX with a Companies House number of 05132574. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in May 2004, it's largest shareholder is china tool projects uk ltd with a 100% stake. Chinatool Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £56.4m with healthy growth in recent years.
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Chinatool Uk Limited Health Check
Pomanda's financial health check has awarded Chinatool Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £56.4m, make it larger than the average company (£16.8m)
£56.4m - Chinatool Uk Limited
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.4%)
12% - Chinatool Uk Limited
9.4% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (28.5%)
9.9% - Chinatool Uk Limited
28.5% - Industry AVG
Profitability
an operating margin of 14.6% make it more profitable than the average company (5.4%)
14.6% - Chinatool Uk Limited
5.4% - Industry AVG
Employees
with 38 employees, this is below the industry average (52)
38 - Chinatool Uk Limited
52 - Industry AVG
Pay Structure
on an average salary of £36.7k, the company has an equivalent pay structure (£37.7k)
£36.7k - Chinatool Uk Limited
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is more efficient (£289.4k)
£1.5m - Chinatool Uk Limited
£289.4k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (50 days)
33 days - Chinatool Uk Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (38 days)
23 days - Chinatool Uk Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is less than average (101 days)
54 days - Chinatool Uk Limited
101 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (9 weeks)
5 weeks - Chinatool Uk Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (50%)
76.3% - Chinatool Uk Limited
50% - Industry AVG
CHINATOOL UK LIMITED financials
Chinatool Uk Limited's latest turnover from December 2023 is £56.4 million and the company has net assets of £6.2 million. According to their latest financial statements, Chinatool Uk Limited has 38 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 56,416,000 | 48,791,000 | 49,984,000 | 39,913,000 | 45,701,000 | 42,065,000 | 69,215,000 | 36,923,000 | 26,175,000 | 19,580,883 | 16,374,561 | 17,022,088 | 13,286,605 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 50,825,000 | 43,384,000 | 42,685,000 | 37,854,000 | 39,932,000 | 38,095,000 | 61,187,000 | 32,907,000 | 23,076,000 | |||||
| Gross Profit | 5,591,000 | 5,407,000 | 7,299,000 | 2,059,000 | 5,769,000 | 3,970,000 | 8,028,000 | 4,016,000 | 3,099,000 | |||||
| Admin Expenses | -2,657,000 | 7,629,000 | 6,205,000 | 3,058,000 | 4,689,000 | 2,894,000 | 5,951,000 | 2,026,000 | 1,974,000 | |||||
| Operating Profit | 8,248,000 | -2,222,000 | 1,094,000 | -999,000 | 1,080,000 | 1,076,000 | 2,077,000 | 1,990,000 | 1,125,000 | 612,961 | 300,317 | 288,824 | 126,446 | |
| Interest Payable | 1,113,000 | 933,000 | 984,000 | 910,000 | 749,000 | 788,000 | 1,143,000 | 592,000 | 532,000 | 78,747 | 46,635 | 29,163 | 2,862 | |
| Interest Receivable | 4,000 | 1,000 | 2,000 | 11,000 | 17 | 47 | 2 | |||||||
| Pre-Tax Profit | 7,139,000 | -3,154,000 | 110,000 | -1,907,000 | 342,000 | 288,000 | 934,000 | 1,398,000 | 593,000 | 534,214 | 253,699 | 259,708 | 123,586 | |
| Tax | -91,000 | -75,000 | 328,000 | -88,000 | -42,000 | -155,000 | -281,000 | -79,000 | -129,580 | -72,211 | -24,411 | 25,440 | ||
| Profit After Tax | 7,139,000 | -3,245,000 | 35,000 | -1,579,000 | 254,000 | 246,000 | 779,000 | 1,117,000 | 514,000 | 404,634 | 181,488 | 235,297 | 149,026 | |
| Dividends Paid | ||||||||||||||
| Retained Profit | 7,139,000 | -3,245,000 | 35,000 | -1,579,000 | 254,000 | 246,000 | 779,000 | 1,117,000 | 514,000 | 404,634 | 181,488 | 235,297 | 149,026 | |
| Employee Costs | 1,395,000 | 1,251,000 | 1,227,000 | 1,147,000 | 1,150,000 | 1,339,000 | 2,307,000 | 1,342,000 | 1,160,000 | 908,107 | 796,211 | 749,144 | 512,909 | |
| Number Of Employees | 38 | 36 | 36 | 31 | 32 | 36 | 36 | 31 | 29 | 29 | 27 | 29 | 19 | |
| EBITDA* | 8,454,000 | -1,846,000 | 1,487,000 | -558,000 | 1,423,000 | 1,224,000 | 2,191,000 | 2,003,000 | 1,126,000 | 614,143 | 301,776 | 291,372 | 129,733 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 152,000 | 237,000 | 1,264,000 | 1,565,000 | 1,334,000 | 86,000 | 73,000 | 25,000 | 5,000 | 5,528 | 6,710 | 10,388 | 13,086 | 12,228 |
| Intangible Assets | 521,000 | 727,000 | 55,000 | 48,000 | 85,000 | 107,000 | 140,000 | 27,000 | ||||||
| Investments & Other | 25,000 | 104,000 | 8,000 | |||||||||||
| Debtors (Due After 1 year) | 8,000 | |||||||||||||
| Total Fixed Assets | 673,000 | 964,000 | 1,344,000 | 1,717,000 | 1,419,000 | 193,000 | 213,000 | 68,000 | 5,000 | 5,528 | 6,710 | 10,388 | 13,086 | 12,228 |
| Stock & work in progress | 7,642,000 | 5,999,000 | 6,187,000 | 8,320,000 | 8,061,000 | 5,765,000 | 7,000,000 | 4,468,000 | 2,767,000 | 2,669,516 | 1,317,729 | 1,685,276 | 1,174,465 | 887,926 |
| Trade Debtors | 5,222,000 | 8,589,000 | 11,115,000 | 10,479,000 | 7,780,000 | 7,279,000 | 8,418,000 | 9,373,000 | 4,214,000 | 4,853,859 | 3,042,781 | 4,354,451 | 5,312,305 | 2,079,327 |
| Group Debtors | 7,077,000 | 3,707,000 | 5,855,000 | 6,417,000 | 6,369,000 | 15,005,000 | 8,951,000 | 8,141,000 | 4,962,000 | 1,421,907 | 1,878,005 | 425,149 | 306,884 | |
| Misc Debtors | 3,532,000 | 2,405,000 | 1,029,000 | 2,074,000 | 947,000 | 322,000 | 59,000 | 358,000 | 109,000 | 196,254 | 158,870 | 345,320 | 105,096 | 4,365 |
| Cash | 2,261,000 | 1,243,000 | 2,935,000 | 521,000 | 930,000 | 672,000 | 606,000 | 400,000 | 391,000 | 263,169 | 27,242 | 169,775 | 304,073 | 24,224 |
| misc current assets | ||||||||||||||
| total current assets | 25,734,000 | 21,943,000 | 27,121,000 | 27,811,000 | 24,087,000 | 29,043,000 | 25,034,000 | 22,740,000 | 12,443,000 | 9,404,705 | 6,424,627 | 6,979,971 | 7,202,823 | 2,995,842 |
| total assets | 26,407,000 | 22,907,000 | 28,465,000 | 29,528,000 | 25,506,000 | 29,236,000 | 25,247,000 | 22,808,000 | 12,448,000 | 9,410,233 | 6,431,337 | 6,990,359 | 7,215,909 | 3,008,070 |
| Bank overdraft | 8,817,000 | 12,257,000 | 9,872,000 | 14,909,000 | 12,625,000 | 8,066,000 | 10,568,000 | 11,241,000 | 5,832,000 | 5,839,920 | 2,938,140 | 3,596,097 | 2,449,721 | |
| Bank loan | 218,295 | |||||||||||||
| Trade Creditors | 3,320,000 | 3,179,000 | 4,817,000 | 2,748,000 | 3,068,000 | 1,605,000 | 743,000 | 938,000 | 1,512,000 | 1,677,236 | 621,131 | 2,813,187 | 4,244,314 | 2,695,834 |
| Group/Directors Accounts | 5,609,000 | 4,448,000 | 6,344,000 | 4,001,000 | 3,114,000 | 14,365,000 | 9,367,000 | 6,554,000 | 3,347,000 | 646,879 | 1,898,041 | |||
| other short term finances | ||||||||||||||
| hp & lease commitments | 189,000 | 116,000 | 81,000 | 164,000 | 159,000 | |||||||||
| other current liabilities | 1,774,000 | 3,102,000 | 4,192,000 | 4,501,000 | 1,340,000 | 1,525,000 | 1,062,000 | 1,380,000 | 179,000 | 181,812 | 314,273 | 102,811 | 278,907 | |
| total current liabilities | 19,709,000 | 23,102,000 | 25,306,000 | 26,323,000 | 20,306,000 | 25,561,000 | 21,740,000 | 20,113,000 | 10,870,000 | 8,345,847 | 5,771,585 | 6,512,095 | 6,972,942 | 2,914,129 |
| loans | ||||||||||||||
| hp & lease commitments | 383,000 | 629,000 | 804,000 | 885,000 | 1,049,000 | |||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 67,000 | 67,000 | 252,000 | 30,000 | 33,000 | |||||||||
| total long term liabilities | 450,000 | 696,000 | 804,000 | 885,000 | 1,301,000 | 30,000 | 33,000 | |||||||
| total liabilities | 20,159,000 | 23,798,000 | 26,110,000 | 27,208,000 | 21,607,000 | 25,591,000 | 21,773,000 | 20,113,000 | 10,870,000 | 8,345,847 | 5,771,585 | 6,512,095 | 6,972,942 | 2,914,129 |
| net assets | 6,248,000 | -891,000 | 2,355,000 | 2,320,000 | 3,899,000 | 3,645,000 | 3,474,000 | 2,695,000 | 1,578,000 | 1,064,386 | 659,752 | 478,264 | 242,967 | 93,941 |
| total shareholders funds | 6,248,000 | -891,000 | 2,355,000 | 2,320,000 | 3,899,000 | 3,645,000 | 3,474,000 | 2,695,000 | 1,578,000 | 1,064,386 | 659,752 | 478,264 | 242,967 | 93,941 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 8,248,000 | -2,222,000 | 1,094,000 | -999,000 | 1,080,000 | 1,076,000 | 2,077,000 | 1,990,000 | 1,125,000 | 612,961 | 300,317 | 288,824 | 126,446 | |
| Depreciation | 140,000 | 160,000 | 194,000 | 55,000 | 33,000 | 31,000 | 3,000 | 1,000 | 1,182 | 1,459 | 2,548 | 3,287 | 2,811 | |
| Amortisation | 206,000 | 236,000 | 233,000 | 247,000 | 288,000 | 115,000 | 83,000 | 10,000 | ||||||
| Tax | -91,000 | -75,000 | 328,000 | -88,000 | -42,000 | -155,000 | -281,000 | -79,000 | -129,580 | -72,211 | -24,411 | 25,440 | ||
| Stock | 1,643,000 | -188,000 | -2,133,000 | 259,000 | 2,296,000 | -1,235,000 | 2,532,000 | 1,701,000 | 97,484 | 1,351,787 | -367,547 | 510,811 | 286,539 | 887,926 |
| Debtors | 1,130,000 | -3,298,000 | -971,000 | 3,874,000 | -7,510,000 | 5,178,000 | -452,000 | 8,595,000 | 2,812,980 | 1,392,364 | -45,264 | -599,365 | 3,640,593 | 2,083,692 |
| Creditors | 141,000 | -1,638,000 | 2,069,000 | -320,000 | 1,463,000 | 862,000 | -195,000 | -574,000 | -165,236 | 1,056,105 | -2,192,056 | -1,431,127 | 1,548,480 | 2,695,834 |
| Accruals and Deferred Income | -1,328,000 | -1,090,000 | -309,000 | 3,161,000 | -185,000 | 463,000 | -318,000 | 1,201,000 | -2,812 | -132,461 | 211,462 | -176,096 | 278,907 | |
| Deferred Taxes & Provisions | 67,000 | -252,000 | 222,000 | -3,000 | 33,000 | |||||||||
| Cash flow from operations | 4,494,000 | -1,112,000 | 6,276,000 | -1,774,000 | 8,049,000 | -1,439,000 | -524,000 | -7,947,000 | -2,031,512 | -1,335,944 | -1,338,218 | -1,251,708 | -1,944,572 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 150 | -4,145 | ||||||||||||
| Change in Investments | -25,000 | -79,000 | 104,000 | -8,000 | 8,000 | |||||||||
| cash flow from investments | 150 | -4,145 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -218,295 | 218,295 | ||||||||||||
| Group/Directors Accounts | 1,161,000 | -1,896,000 | 2,343,000 | 887,000 | -11,251,000 | 4,998,000 | 2,813,000 | 3,207,000 | 2,700,121 | -1,251,162 | 1,898,041 | |||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -173,000 | -140,000 | -164,000 | -159,000 | 1,208,000 | |||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -1,109,000 | -932,000 | -984,000 | -908,000 | -738,000 | -788,000 | -1,143,000 | -592,000 | -532,000 | -78,747 | -46,618 | -29,116 | -2,860 | |
| cash flow from financing | -121,000 | -2,969,000 | 1,195,000 | -180,000 | -10,781,000 | 4,135,000 | 1,670,000 | 2,615,000 | 2,167,735 | -1,329,909 | 1,851,423 | -29,116 | -221,155 | |
| cash and cash equivalents | ||||||||||||||
| cash | 1,018,000 | -1,692,000 | 2,414,000 | -409,000 | 258,000 | 66,000 | 206,000 | 9,000 | 127,831 | 235,927 | -142,533 | -134,298 | 279,849 | 24,224 |
| overdraft | -3,440,000 | 2,385,000 | -5,037,000 | 2,284,000 | 4,559,000 | -2,502,000 | -673,000 | 5,409,000 | -7,920 | 2,901,780 | -657,957 | 1,146,376 | 2,449,721 | |
| change in cash | 4,458,000 | -4,077,000 | 7,451,000 | -2,693,000 | -4,301,000 | 2,568,000 | 879,000 | -5,400,000 | 135,751 | -2,665,853 | 515,424 | -1,280,674 | -2,169,872 | 24,224 |
chinatool uk limited Credit Report and Business Information
Chinatool Uk Limited Competitor Analysis
Perform a competitor analysis for chinatool uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in PO15 area or any other competitors across 12 key performance metrics.
chinatool uk limited Ownership
CHINATOOL UK LIMITED group structure
Chinatool Uk Limited has no subsidiary companies.
Ultimate parent company
CHINA TOOL PROJECTS UK LTD
#0067599
2 parents
CHINATOOL UK LIMITED
05132574
chinatool uk limited directors
Chinatool Uk Limited currently has 2 directors. The longest serving directors include Ms Victoria Thomas (Sep 2010) and Mr Simon Phillips (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Victoria Thomas | United Kingdom | 60 years | Sep 2010 | - | Director |
| Mr Simon Phillips | England | 55 years | Apr 2023 | - | Director |
P&L
December 2023turnover
56.4m
+16%
operating profit
8.2m
-471%
gross margin
10%
-10.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.2m
-8.01%
total assets
26.4m
+0.15%
cash
2.3m
+0.82%
net assets
Total assets minus all liabilities
chinatool uk limited company details
company number
05132574
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
May 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
3000a parkway, whiteley, hampshire, PO15 7FX
Bank
HSBC BANK PLC
Legal Advisor
-
chinatool uk 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 10 charges/mortgages relating to chinatool uk limited. Currently there are 5 open charges and 5 have been satisfied in the past.
chinatool uk 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 CHINATOOL UK LIMITED. This can take several minutes, an email will notify you when this has completed.
chinatool uk limited Companies House Filings - See Documents
| date | description | view/download |
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