the underfloor heating store limited
the underfloor heating store limited Company Information
Company Number
05687171
Registered Address
highbourne house eldon way, crick industrial estate, crick, northampton, NN6 7SL
Industry
Retail sale via mail order houses or via Internet
Telephone
08448003396
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
highbourne group limited 100%
the underfloor heating store limited Estimated Valuation
Pomanda estimates the enterprise value of THE UNDERFLOOR HEATING STORE LIMITED at £10.4m based on a Turnover of £25.5m and 0.41x industry multiple (adjusted for size and gross margin).
the underfloor heating store limited Estimated Valuation
Pomanda estimates the enterprise value of THE UNDERFLOOR HEATING STORE LIMITED at £25.2m based on an EBITDA of £3.9m and a 6.53x industry multiple (adjusted for size and gross margin).
the underfloor heating store limited Estimated Valuation
Pomanda estimates the enterprise value of THE UNDERFLOOR HEATING STORE LIMITED at £44.7m based on Net Assets of £22.6m and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Underfloor Heating Store Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
The Underfloor Heating Store Limited Overview
The Underfloor Heating Store Limited is a live company located in crick, northampton, NN6 7SL with a Companies House number of 05687171. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in January 2006, it's largest shareholder is highbourne group limited with a 100% stake. The Underfloor Heating Store Limited is a established, large sized company, Pomanda has estimated its turnover at £25.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Underfloor Heating Store Limited Health Check
Pomanda's financial health check has awarded The Underfloor Heating Store 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
6 Strong
3 Regular
3 Weak
Size
annual sales of £25.5m, make it larger than the average company (£647.4k)
£25.5m - The Underfloor Heating Store Limited
£647.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.7%)
-4% - The Underfloor Heating Store Limited
7.7% - Industry AVG
Production
with a gross margin of 41.2%, this company has a comparable cost of product (35.9%)
41.2% - The Underfloor Heating Store Limited
35.9% - Industry AVG
Profitability
an operating margin of 14.7% make it more profitable than the average company (2.8%)
14.7% - The Underfloor Heating Store Limited
2.8% - Industry AVG
Employees
with 60 employees, this is above the industry average (7)
60 - The Underfloor Heating Store Limited
7 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has a higher pay structure (£29.5k)
£38.4k - The Underfloor Heating Store Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £424.7k, this is more efficient (£199.8k)
£424.7k - The Underfloor Heating Store Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (22 days)
7 days - The Underfloor Heating Store Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (35 days)
37 days - The Underfloor Heating Store Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 94 days, this is in line with average (80 days)
94 days - The Underfloor Heating Store Limited
80 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (18 weeks)
2 weeks - The Underfloor Heating Store Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (72.1%)
20.2% - The Underfloor Heating Store Limited
72.1% - Industry AVG
the underfloor heating store limited Credit Report and Business Information
The Underfloor Heating Store Limited Competitor Analysis
Perform a competitor analysis for the underfloor heating store limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the underfloor heating store limited Ownership
THE UNDERFLOOR HEATING STORE LIMITED group structure
The Underfloor Heating Store Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE UNDERFLOOR HEATING STORE LIMITED
05687171
the underfloor heating store limited directors
The Underfloor Heating Store Limited currently has 2 directors. The longest serving directors include Mr David Evans (May 2018) and Mr Robbie Bell (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Evans | United Kingdom | 50 years | May 2018 | - | Director |
| Mr Robbie Bell | United Kingdom | 51 years | Jun 2023 | - | Director |
THE UNDERFLOOR HEATING STORE LIMITED financials
The Underfloor Heating Store Limited's latest turnover from December 2022 is £25.5 million and the company has net assets of £22.6 million. According to their latest financial statements, The Underfloor Heating Store Limited has 60 employees and maintains cash reserves of £222 thousand 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,479,000 | 29,118,000 | 29,986,000 | 28,820,000 | 25,440,000 | 20,970,000 | 16,886,000 | 10,395,000 | 11,456,000 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 14,976,000 | 17,633,000 | 18,639,000 | 17,005,000 | 15,512,000 | 13,517,000 | 9,941,000 | 5,995,000 | 6,865,000 | |||||
| Gross Profit | 10,503,000 | 11,485,000 | 11,347,000 | 11,815,000 | 9,928,000 | 7,453,000 | 6,945,000 | 4,400,000 | 4,591,000 | |||||
| Admin Expenses | 6,771,000 | 5,391,000 | 5,841,000 | 4,776,000 | 5,320,000 | 4,666,000 | 2,790,000 | 3,181,000 | ||||||
| Operating Profit | 3,732,000 | 6,094,000 | 5,506,000 | 7,039,000 | 4,608,000 | 2,279,000 | 1,610,000 | 1,410,000 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | |||||
| Pre-Tax Profit | 3,732,000 | 6,094,000 | 5,506,000 | 7,039,000 | 4,608,000 | 2,430,000 | 2,279,000 | 1,611,000 | 1,410,000 | |||||
| Tax | -700,000 | -1,190,000 | -1,070,000 | -1,345,000 | -863,000 | -504,000 | -493,000 | -305,000 | -294,000 | |||||
| Profit After Tax | 3,032,000 | 4,904,000 | 4,436,000 | 5,694,000 | 3,745,000 | 1,926,000 | 1,786,000 | 1,306,000 | 1,116,000 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 4,500,000 | 70,000 | 0 | 1,247,000 | 376,000 | |||||
| Retained Profit | 3,032,000 | 4,904,000 | 4,436,000 | 5,694,000 | -755,000 | 1,856,000 | 1,786,000 | 59,000 | 740,000 | |||||
| Employee Costs | 2,301,000 | 2,179,000 | 2,239,000 | 2,018,000 | 2,199,000 | 1,862,000 | 1,627,000 | 965,000 | 884,000 | |||||
| Number Of Employees | 60 | 48 | 47 | 47 | 53 | 52 | 41 | 35 | 27 | |||||
| EBITDA* | 3,861,000 | 6,212,000 | 5,721,000 | 7,170,000 | 4,679,000 | 2,362,000 | 1,680,000 | 1,442,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 141,000 | 123,000 | 103,000 | 218,000 | 171,000 | 227,000 | 136,000 | 143,000 | 125,000 | 57,349 | 48,125 | 50,900 | 19,432 | 8,768 |
| Intangible Assets | 511,000 | 607,000 | 659,000 | 744,000 | 82,000 | 97,000 | 112,000 | 128,000 | 76,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 7,000 | 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 | 652,000 | 730,000 | 769,000 | 962,000 | 253,000 | 324,000 | 248,000 | 271,000 | 201,000 | 57,349 | 48,125 | 50,900 | 19,432 | 8,768 |
| Stock & work in progress | 3,877,000 | 2,256,000 | 2,015,000 | 2,920,000 | 2,262,000 | 2,658,000 | 1,840,000 | 2,007,000 | 1,571,000 | 681,028 | 717,965 | 404,420 | 367,801 | 54,700 |
| Trade Debtors | 495,000 | 523,000 | 439,000 | 630,000 | 295,000 | 395,000 | 45,000 | 25,000 | 30,000 | 8,191 | 358,504 | 181,698 | 321,586 | 43,174 |
| Group Debtors | 22,429,000 | 19,380,000 | 13,057,000 | 9,612,000 | 141,000 | 468,000 | 115,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 599,000 | 1,312,000 | 1,247,000 | 606,000 | 307,000 | 261,000 | 0 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 222,000 | 1,647,000 | 6,757,000 | 2,643,000 | 5,479,000 | 4,703,000 | 3,847,000 | 1,280,000 | 1,242,000 | 817,183 | 530,394 | 657,908 | 341,194 | 129,730 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,622,000 | 25,118,000 | 23,515,000 | 16,411,000 | 8,484,000 | 8,485,000 | 5,847,000 | 3,326,000 | 2,843,000 | 1,506,402 | 1,606,863 | 1,244,026 | 1,030,581 | 227,604 |
| total assets | 28,274,000 | 25,848,000 | 24,284,000 | 17,373,000 | 8,737,000 | 8,809,000 | 6,095,000 | 3,597,000 | 3,044,000 | 1,563,751 | 1,654,988 | 1,294,926 | 1,050,013 | 236,372 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,558,000 | 3,160,000 | 3,664,000 | 3,120,000 | 1,552,000 | 1,948,000 | 1,055,000 | 1,319,000 | 948,000 | 777,944 | 998,869 | 818,783 | 654,447 | 134,085 |
| Group/Directors Accounts | 1,110,000 | 336,000 | 4,230,000 | 2,982,000 | 1,567,000 | 657,000 | 282,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,030,000 | 2,808,000 | 1,788,000 | 1,094,000 | 1,131,000 | 952,000 | 1,350,000 | 653,000 | 545,000 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,698,000 | 6,304,000 | 9,682,000 | 7,196,000 | 4,250,000 | 3,557,000 | 2,687,000 | 1,984,000 | 1,493,000 | 777,944 | 998,869 | 818,783 | 654,447 | 134,085 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 72,956 | 76,350 | 75,000 | 69,815 |
| provisions | 0 | 0 | 0 | 11,000 | 15,000 | 25,000 | 37,000 | 28,000 | 26,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 11,000 | 15,000 | 25,000 | 37,000 | 28,000 | 26,000 | 0 | 72,956 | 76,350 | 75,000 | 69,815 |
| total liabilities | 5,698,000 | 6,304,000 | 9,682,000 | 7,207,000 | 4,265,000 | 3,582,000 | 2,724,000 | 2,012,000 | 1,519,000 | 777,944 | 1,071,825 | 895,133 | 729,447 | 203,900 |
| net assets | 22,576,000 | 19,544,000 | 14,602,000 | 10,166,000 | 4,472,000 | 5,227,000 | 3,371,000 | 1,585,000 | 1,525,000 | 785,807 | 583,163 | 399,793 | 320,566 | 32,472 |
| total shareholders funds | 22,576,000 | 19,544,000 | 14,602,000 | 10,166,000 | 4,472,000 | 5,227,000 | 3,371,000 | 1,585,000 | 1,525,000 | 785,807 | 583,163 | 399,793 | 320,566 | 32,472 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,732,000 | 6,094,000 | 5,506,000 | 7,039,000 | 4,608,000 | 2,279,000 | 1,610,000 | 1,410,000 | ||||||
| Depreciation | 33,000 | 27,000 | 130,000 | 44,000 | 56,000 | 56,000 | 46,000 | 47,000 | 32,000 | 19,116 | 16,043 | 16,967 | 6,477 | 6,752 |
| Amortisation | 96,000 | 91,000 | 85,000 | 87,000 | 15,000 | 17,000 | 37,000 | 23,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -700,000 | -1,190,000 | -1,070,000 | -1,345,000 | -863,000 | -504,000 | -493,000 | -305,000 | -294,000 | |||||
| Stock | 1,621,000 | 241,000 | -905,000 | 658,000 | -396,000 | 818,000 | -167,000 | 1,325,972 | 889,972 | -36,937 | 313,545 | 36,619 | 313,101 | 54,700 |
| Debtors | 2,308,000 | 6,472,000 | 3,895,000 | 10,105,000 | -381,000 | 964,000 | 121,000 | 30,809 | 21,809 | -350,313 | 176,806 | -139,888 | 278,412 | 43,174 |
| Creditors | -1,602,000 | -504,000 | 544,000 | 1,568,000 | -396,000 | 893,000 | -264,000 | 541,056 | 170,056 | -220,925 | 180,086 | 164,336 | 520,362 | 134,085 |
| Accruals and Deferred Income | 222,000 | 1,020,000 | 694,000 | -37,000 | 179,000 | -398,000 | 697,000 | 653,000 | 545,000 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -11,000 | -4,000 | -10,000 | -12,000 | 9,000 | 28,000 | 26,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,148,000 | -1,175,000 | 2,888,000 | -3,411,000 | 4,366,000 | 2,357,000 | 1,240,275 | 977,275 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -7,000 | 7,000 | 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 | 774,000 | -3,894,000 | 1,248,000 | 1,415,000 | 910,000 | 375,000 | 272,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72,956 | -3,394 | 1,350 | 5,185 | 69,815 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | |||||
| cash flow from financing | 774,000 | -3,856,000 | 1,248,000 | 1,415,000 | 910,000 | 375,000 | 272,000 | 751,193 | -807 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,425,000 | -5,110,000 | 4,114,000 | -2,836,000 | 776,000 | 856,000 | 2,567,000 | 462,817 | 424,817 | 286,789 | -127,514 | 316,714 | 211,464 | 129,730 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,425,000 | -5,110,000 | 4,114,000 | -2,836,000 | 776,000 | 856,000 | 2,569,000 | 460,817 | 424,817 | 286,789 | -127,514 | 316,714 | 211,464 | 129,730 |
P&L
December 2022turnover
25.5m
-12%
operating profit
3.7m
-39%
gross margin
41.3%
+4.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
22.6m
+0.16%
total assets
28.3m
+0.09%
cash
222k
-0.87%
net assets
Total assets minus all liabilities
Similar Companies
the underfloor heating store limited company details
company number
05687171
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
January 2006
age
18
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
the online retail group limited (November 2013)
brentwood installations limited (October 2011)
incorporated
UK
address
highbourne house eldon way, crick industrial estate, crick, northampton, NN6 7SL
last accounts submitted
December 2022
the underfloor heating store 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 4 charges/mortgages relating to the underfloor heating store limited. Currently there are 2 open charges and 2 have been satisfied in the past.
the underfloor heating store limited Companies House Filings - See Documents
| date | description | view/download |
|---|
