thurlow nunn standen limited
thurlow nunn standen limited Company Information
Company Number
05310718
Website
https://tnsgroup.co.uk/Registered Address
wisbech road, littleport, cambridgeshire, CB6 1RA
Industry
Wholesale of agricultural machinery, equipment and supplies
Telephone
01353863038
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
thurlow nunn (holdings) ltd 100%
thurlow nunn standen limited Estimated Valuation
Pomanda estimates the enterprise value of THURLOW NUNN STANDEN LIMITED at £68m based on a Turnover of £80.3m and 0.85x industry multiple (adjusted for size and gross margin).
thurlow nunn standen limited Estimated Valuation
Pomanda estimates the enterprise value of THURLOW NUNN STANDEN LIMITED at £17.5m based on an EBITDA of £1.9m and a 9.03x industry multiple (adjusted for size and gross margin).
thurlow nunn standen limited Estimated Valuation
Pomanda estimates the enterprise value of THURLOW NUNN STANDEN LIMITED at £21.7m based on Net Assets of £10.3m and 2.11x industry multiple (adjusted for liquidity).
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Thurlow Nunn Standen Limited Overview
Thurlow Nunn Standen Limited is a live company located in cambridgeshire, CB6 1RA with a Companies House number of 05310718. It operates in the wholesale of agricultural machinery, equipment and supplies sector, SIC Code 46610. Founded in December 2004, it's largest shareholder is thurlow nunn (holdings) ltd with a 100% stake. Thurlow Nunn Standen Limited is a mature, large sized company, Pomanda has estimated its turnover at £80.3m with healthy growth in recent years.
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Thurlow Nunn Standen Limited Health Check
Pomanda's financial health check has awarded Thurlow Nunn Standen Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £80.3m, make it larger than the average company (£25.4m)
£80.3m - Thurlow Nunn Standen Limited
£25.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6%)
4% - Thurlow Nunn Standen Limited
6% - Industry AVG
Production
with a gross margin of 16.8%, this company has a lower cost of product (13%)
16.8% - Thurlow Nunn Standen Limited
13% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (3.5%)
1.8% - Thurlow Nunn Standen Limited
3.5% - Industry AVG
Employees
with 181 employees, this is above the industry average (50)
181 - Thurlow Nunn Standen Limited
50 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£41.3k)
£40.7k - Thurlow Nunn Standen Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £443.6k, this is equally as efficient (£468.9k)
£443.6k - Thurlow Nunn Standen Limited
£468.9k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (35 days)
21 days - Thurlow Nunn Standen Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (47 days)
41 days - Thurlow Nunn Standen Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 126 days, this is in line with average (119 days)
126 days - Thurlow Nunn Standen Limited
119 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is more cash available to meet short term requirements (2 weeks)
6 weeks - Thurlow Nunn Standen Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.7%, this is a similar level of debt than the average (63.5%)
69.7% - Thurlow Nunn Standen Limited
63.5% - Industry AVG
THURLOW NUNN STANDEN LIMITED financials
Thurlow Nunn Standen Limited's latest turnover from December 2022 is £80.3 million and the company has net assets of £10.3 million. According to their latest financial statements, Thurlow Nunn Standen Limited has 181 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 80,285,000 | 70,518,000 | 72,930,000 | 71,332,000 | 70,985,000 | 62,903,000 | 59,356,000 | 55,045,000 | 56,830,000 | 57,258,000 | 50,150,000 | 39,966,000 | 34,213,000 | 33,626,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 66,767,000 | 57,946,000 | 60,556,000 | 59,321,000 | 59,212,000 | 51,639,000 | 49,811,000 | 46,355,000 | 47,495,000 | 48,862,000 | 43,553,000 | 34,411,000 | 28,983,000 | 28,704,000 |
| Gross Profit | 13,518,000 | 12,572,000 | 12,374,000 | 12,011,000 | 11,773,000 | 11,264,000 | 9,545,000 | 8,690,000 | 9,335,000 | 8,396,000 | 6,597,000 | 5,555,000 | 5,230,000 | 4,922,000 |
| Admin Expenses | 12,074,000 | 10,764,000 | 10,283,000 | 10,666,000 | 10,264,000 | 9,300,000 | 8,402,000 | 8,617,000 | 8,198,000 | 7,314,000 | 5,817,000 | 4,655,000 | 4,374,000 | 4,201,000 |
| Operating Profit | 1,444,000 | 1,808,000 | 2,091,000 | 1,345,000 | 1,509,000 | 1,964,000 | 1,143,000 | 73,000 | 1,137,000 | 1,082,000 | 780,000 | 900,000 | 856,000 | 721,000 |
| Interest Payable | 254,000 | 155,000 | 171,000 | 229,000 | 165,000 | 98,000 | 83,000 | 148,000 | 135,000 | 124,000 | 98,000 | 41,000 | 19,000 | 11,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 3,000 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,190,000 | 1,653,000 | 1,920,000 | 1,116,000 | 1,344,000 | 1,866,000 | 1,060,000 | -75,000 | 1,010,000 | 961,000 | 682,000 | 859,000 | 837,000 | 710,000 |
| Tax | -247,000 | -130,000 | -387,000 | -172,000 | -196,000 | -322,000 | -219,000 | -19,000 | -219,000 | -204,000 | -173,000 | -234,000 | -235,000 | -210,000 |
| Profit After Tax | 943,000 | 1,523,000 | 1,533,000 | 944,000 | 1,148,000 | 1,544,000 | 841,000 | -94,000 | 791,000 | 757,000 | 509,000 | 625,000 | 602,000 | 500,000 |
| Dividends Paid | 0 | 3,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 943,000 | -1,977,000 | 1,533,000 | 944,000 | 1,148,000 | 1,544,000 | 841,000 | -94,000 | 791,000 | 757,000 | 509,000 | 625,000 | 602,000 | 500,000 |
| Employee Costs | 7,374,000 | 6,786,000 | 6,722,000 | 6,808,000 | 6,674,000 | 6,048,000 | 5,399,000 | 5,584,000 | 5,308,000 | 4,996,000 | 4,518,000 | 3,680,000 | 3,474,000 | 3,328,000 |
| Number Of Employees | 181 | 177 | 175 | 184 | 181 | 169 | 163 | 179 | 163 | 163 | 168 | 122 | 113 | 113 |
| EBITDA* | 1,937,000 | 2,269,000 | 2,562,000 | 1,806,000 | 1,955,000 | 2,360,000 | 1,532,000 | 480,000 | 1,509,000 | 1,448,000 | 1,096,000 | 1,157,000 | 1,090,000 | 923,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,400,000 | 2,177,000 | 1,650,000 | 1,910,000 | 1,330,000 | 1,101,000 | 877,000 | 1,012,000 | 944,000 | 916,000 | 874,000 | 607,000 | 593,000 | 580,000 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,400,000 | 2,177,000 | 1,650,000 | 1,910,000 | 1,330,000 | 1,101,000 | 877,000 | 1,012,000 | 944,000 | 916,000 | 874,000 | 607,000 | 593,000 | 580,000 |
| Stock & work in progress | 23,149,000 | 19,517,000 | 20,310,000 | 21,505,000 | 19,279,000 | 12,713,000 | 14,104,000 | 10,006,000 | 10,569,000 | 8,177,000 | 9,719,000 | 4,640,000 | 3,404,000 | 2,975,000 |
| Trade Debtors | 4,753,000 | 4,956,000 | 5,450,000 | 5,334,000 | 6,024,000 | 5,165,000 | 5,037,000 | 4,234,000 | 4,927,000 | 4,724,000 | 4,716,000 | 2,830,000 | 2,981,000 | 1,849,000 |
| Group Debtors | 462,000 | 344,000 | 146,000 | 63,000 | 0 | 0 | 0 | 18,000 | 2,000 | 0 | 39,000 | 27,000 | 0 | 0 |
| Misc Debtors | 200,000 | 520,000 | 466,000 | 572,000 | 572,000 | 505,000 | 370,000 | 413,000 | 325,000 | 303,000 | 238,000 | 107,000 | 188,000 | 93,000 |
| Cash | 3,112,000 | 1,608,000 | 5,315,000 | 519,000 | 512,000 | 1,281,000 | 1,542,000 | 3,000 | 2,000 | 818,000 | 2,000 | 1,227,000 | 0 | 149,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,676,000 | 26,945,000 | 31,687,000 | 27,993,000 | 26,387,000 | 19,664,000 | 21,053,000 | 14,674,000 | 15,825,000 | 14,022,000 | 14,714,000 | 8,831,000 | 6,573,000 | 5,066,000 |
| total assets | 34,076,000 | 29,122,000 | 33,337,000 | 29,903,000 | 27,717,000 | 20,765,000 | 21,930,000 | 15,686,000 | 16,769,000 | 14,938,000 | 15,588,000 | 9,438,000 | 7,166,000 | 5,646,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 755,000 | 412,000 | 0 | 379,000 | 0 | 334,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,584,000 | 4,806,000 | 4,084,000 | 3,794,000 | 4,303,000 | 4,521,000 | 3,145,000 | 2,304,000 | 2,594,000 | 3,723,000 | 2,722,000 | 2,457,000 | 2,182,000 | 1,345,000 |
| Group/Directors Accounts | 0 | 0 | 160,000 | 52,000 | 218,000 | 0 | 11,000 | 0 | 0 | 0 | 39,000 | 0 | 0 | 190,000 |
| other short term finances | 13,002,000 | 12,821,000 | 15,303,000 | 13,567,000 | 11,728,000 | 5,661,000 | 10,539,000 | 5,488,000 | 6,063,000 | 4,099,000 | 6,140,000 | 1,905,000 | 0 | 0 |
| hp & lease commitments | 40,000 | 27,000 | 4,000 | 0 | 0 | 56,000 | 81,000 | 109,000 | 69,000 | 61,000 | 6,000 | 0 | 0 | 0 |
| other current liabilities | 3,011,000 | 2,087,000 | 2,414,000 | 2,665,000 | 2,587,000 | 2,794,000 | 1,909,000 | 1,565,000 | 2,159,000 | 2,321,000 | 2,397,000 | 1,690,000 | 1,890,000 | 1,953,000 |
| total current liabilities | 23,637,000 | 19,741,000 | 21,965,000 | 20,078,000 | 18,836,000 | 13,032,000 | 15,685,000 | 10,221,000 | 11,297,000 | 10,204,000 | 11,683,000 | 6,052,000 | 4,406,000 | 3,488,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 101,000 | 0 | 14,000 | 0 | 0 | 0 | 56,000 | 117,000 | 30,000 | 83,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 1,000 | 0 | 0 |
| total long term liabilities | 115,000 | 0 | 14,000 | 0 | 0 | 0 | 56,000 | 117,000 | 30,000 | 83,000 | 11,000 | 1,000 | 0 | 0 |
| total liabilities | 23,752,000 | 19,741,000 | 21,979,000 | 20,078,000 | 18,836,000 | 13,032,000 | 15,741,000 | 10,338,000 | 11,327,000 | 10,287,000 | 11,694,000 | 6,053,000 | 4,406,000 | 3,488,000 |
| net assets | 10,324,000 | 9,381,000 | 11,358,000 | 9,825,000 | 8,881,000 | 7,733,000 | 6,189,000 | 5,348,000 | 5,442,000 | 4,651,000 | 3,894,000 | 3,385,000 | 2,760,000 | 2,158,000 |
| total shareholders funds | 10,324,000 | 9,381,000 | 11,358,000 | 9,825,000 | 8,881,000 | 7,733,000 | 6,189,000 | 5,348,000 | 5,442,000 | 4,651,000 | 3,894,000 | 3,385,000 | 2,760,000 | 2,158,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,444,000 | 1,808,000 | 2,091,000 | 1,345,000 | 1,509,000 | 1,964,000 | 1,143,000 | 73,000 | 1,137,000 | 1,082,000 | 780,000 | 900,000 | 856,000 | 721,000 |
| Depreciation | 493,000 | 461,000 | 471,000 | 461,000 | 446,000 | 396,000 | 389,000 | 407,000 | 372,000 | 366,000 | 316,000 | 257,000 | 234,000 | 202,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -247,000 | -130,000 | -387,000 | -172,000 | -196,000 | -322,000 | -219,000 | -19,000 | -219,000 | -204,000 | -173,000 | -234,000 | -235,000 | -210,000 |
| Stock | 3,632,000 | -793,000 | -1,195,000 | 2,226,000 | 6,566,000 | -1,391,000 | 4,098,000 | -563,000 | 2,392,000 | -1,542,000 | 5,079,000 | 1,236,000 | 429,000 | 2,975,000 |
| Debtors | -405,000 | -242,000 | 93,000 | -627,000 | 926,000 | 263,000 | 742,000 | -589,000 | 227,000 | 34,000 | 2,029,000 | -205,000 | 1,227,000 | 1,942,000 |
| Creditors | 2,778,000 | 722,000 | 290,000 | -509,000 | -218,000 | 1,376,000 | 841,000 | -290,000 | -1,129,000 | 1,001,000 | 265,000 | 275,000 | 837,000 | 1,345,000 |
| Accruals and Deferred Income | 924,000 | -327,000 | -251,000 | 78,000 | -207,000 | 885,000 | 344,000 | -594,000 | -162,000 | -76,000 | 707,000 | -200,000 | -63,000 | 1,953,000 |
| Deferred Taxes & Provisions | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,000 | 10,000 | 1,000 | 0 | 0 |
| Cash flow from operations | 2,179,000 | 3,569,000 | 3,316,000 | -396,000 | -6,158,000 | 5,427,000 | -2,342,000 | 729,000 | -2,620,000 | 3,666,000 | -5,203,000 | -32,000 | -27,000 | -906,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -160,000 | 108,000 | -166,000 | 218,000 | -11,000 | 11,000 | 0 | 0 | -39,000 | 39,000 | 0 | -190,000 | 190,000 |
| Other Short Term Loans | 181,000 | -2,482,000 | 1,736,000 | 1,839,000 | 6,067,000 | -4,878,000 | 5,051,000 | -575,000 | 1,964,000 | -2,041,000 | 4,235,000 | 1,905,000 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 114,000 | 9,000 | 18,000 | 0 | -56,000 | -81,000 | -89,000 | 127,000 | -45,000 | 138,000 | 6,000 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -254,000 | -155,000 | -171,000 | -229,000 | -165,000 | -98,000 | -83,000 | -148,000 | -127,000 | -121,000 | -98,000 | -41,000 | -19,000 | -11,000 |
| cash flow from financing | 41,000 | -2,788,000 | 1,691,000 | 1,444,000 | 6,064,000 | -5,068,000 | 4,890,000 | -596,000 | 1,792,000 | -2,063,000 | 4,182,000 | 1,864,000 | -209,000 | 1,837,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 1,504,000 | -3,707,000 | 4,796,000 | 7,000 | -769,000 | -261,000 | 1,539,000 | 1,000 | -816,000 | 816,000 | -1,225,000 | 1,227,000 | -149,000 | 149,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -755,000 | 343,000 | 412,000 | -379,000 | 379,000 | -334,000 | 334,000 | 0 |
| change in cash | 1,504,000 | -3,707,000 | 4,796,000 | 7,000 | -769,000 | -261,000 | 2,294,000 | -342,000 | -1,228,000 | 1,195,000 | -1,604,000 | 1,561,000 | -483,000 | 149,000 |
thurlow nunn standen limited Credit Report and Business Information
Thurlow Nunn Standen Limited Competitor Analysis
Perform a competitor analysis for thurlow nunn standen limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
thurlow nunn standen limited Ownership
THURLOW NUNN STANDEN LIMITED group structure
Thurlow Nunn Standen Limited has no subsidiary companies.
Ultimate parent company
2 parents
THURLOW NUNN STANDEN LIMITED
05310718
thurlow nunn standen limited directors
Thurlow Nunn Standen Limited currently has 6 directors. The longest serving directors include Mr James Thurlow (Dec 2004) and Mr Christopher Tew (Jan 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Thurlow | 52 years | Dec 2004 | - | Director | |
| Mr Christopher Tew | 61 years | Jan 2009 | - | Director | |
| Mr Adrian Brown | 59 years | Jan 2009 | - | Director | |
| Mr Samuel Billing | 39 years | Mar 2023 | - | Director | |
| Mr William Tew | 33 years | Jan 2024 | - | Director | |
| Mr Harry Kester | 45 years | Jun 2024 | - | Director |
P&L
December 2022turnover
80.3m
+14%
operating profit
1.4m
-20%
gross margin
16.9%
-5.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
10.3m
+0.1%
total assets
34.1m
+0.17%
cash
3.1m
+0.94%
net assets
Total assets minus all liabilities
thurlow nunn standen limited company details
company number
05310718
Type
Private limited with Share Capital
industry
46610 - Wholesale of agricultural machinery, equipment and supplies
incorporation date
December 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
thurlow nunn standen (agriculture) limited (February 2005)
thurlow nunn staden (agriculture) limited (December 2004)
incorporated
UK
address
wisbech road, littleport, cambridgeshire, CB6 1RA
last accounts submitted
December 2022
thurlow nunn standen 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 3 charges/mortgages relating to thurlow nunn standen limited. Currently there are 3 open charges and 0 have been satisfied in the past.
thurlow nunn standen limited Companies House Filings - See Documents
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