briggs metals limited Company Information
Company Number
05821629
Next Accounts
Sep 2025
Industry
Recovery of sorted materials
Directors
Shareholders
bill briggs-price
eleanore kadie briggs-price
Group Structure
View All
Contact
Registered Address
the yard great north road, newark, notts, NG24 1DP
Website
www.briggsmetals.combriggs metals limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGGS METALS LIMITED at £3.7m based on a Turnover of £5.8m and 0.64x industry multiple (adjusted for size and gross margin).
briggs metals limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGGS METALS LIMITED at £4.2m based on an EBITDA of £1m and a 4.18x industry multiple (adjusted for size and gross margin).
briggs metals limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGGS METALS LIMITED at £7.5m based on Net Assets of £3.2m and 2.34x industry multiple (adjusted for liquidity).
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Briggs Metals Limited Overview
Briggs Metals Limited is a live company located in notts, NG24 1DP with a Companies House number of 05821629. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in May 2006, it's largest shareholder is bill briggs-price with a 50% stake. Briggs Metals Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.8m with high growth in recent years.
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Briggs Metals Limited Health Check
Pomanda's financial health check has awarded Briggs Metals Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £5.8m, make it smaller than the average company (£13.9m)
- Briggs Metals Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (11.1%)
- Briggs Metals Limited
11.1% - Industry AVG
Production
with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)
- Briggs Metals Limited
22.8% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (6.1%)
- Briggs Metals Limited
6.1% - Industry AVG
Employees
with 38 employees, this is similar to the industry average (35)
38 - Briggs Metals Limited
35 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)
- Briggs Metals Limited
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £152.9k, this is less efficient (£347k)
- Briggs Metals Limited
£347k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (37 days)
- Briggs Metals Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (33 days)
- Briggs Metals Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (17 days)
- Briggs Metals Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (13 weeks)
84 weeks - Briggs Metals Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (51.7%)
24.3% - Briggs Metals Limited
51.7% - Industry AVG
BRIGGS METALS LIMITED financials
Briggs Metals Limited's latest turnover from December 2023 is estimated at £5.8 million and the company has net assets of £3.2 million. According to their latest financial statements, Briggs Metals Limited has 38 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||||
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | ||||||||||||||||
Gross Profit | ||||||||||||||||
Admin Expenses | ||||||||||||||||
Operating Profit | ||||||||||||||||
Interest Payable | ||||||||||||||||
Interest Receivable | ||||||||||||||||
Pre-Tax Profit | ||||||||||||||||
Tax | ||||||||||||||||
Profit After Tax | ||||||||||||||||
Dividends Paid | ||||||||||||||||
Retained Profit | ||||||||||||||||
Employee Costs | ||||||||||||||||
Number Of Employees | 38 | 35 | 33 | 30 | 31 | 33 | 29 | 24 | 23 | 18 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,026,357 | 1,152,803 | 1,158,618 | 827,084 | 955,383 | 1,066,806 | 1,081,699 | 1,020,873 | 1,069,598 | 918,421 | 184,892 | 335,563 | 479,674 | 551,887 | 540,330 | 738,827 |
Intangible Assets | 0 | 0 | 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 | 7,948 | 0 | 0 | 61,913 | 0 | 55,617 | 44,859 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73,193 | 63,734 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,026,357 | 1,152,803 | 1,158,618 | 827,084 | 955,383 | 1,066,806 | 1,081,699 | 1,020,873 | 1,069,598 | 926,369 | 258,085 | 399,297 | 541,587 | 551,887 | 595,947 | 783,686 |
Stock & work in progress | 664,985 | 253,022 | 518,211 | 445,307 | 274,869 | 265,723 | 638,435 | 464,423 | 353,767 | 125,870 | 456,375 | 382,102 | 275,904 | 790,217 | 415,571 | 366,133 |
Trade Debtors | 363,473 | 73,999 | 254,504 | 65,420 | 314,019 | 164,193 | 203,008 | 214,606 | 48,283 | 225,966 | 453,915 | 306,142 | 375,947 | 525,945 | 469,755 | 351,717 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,130,651 | 651,810 | 297,190 | 344,999 | 357,431 | 433,331 | 459,137 | 311,485 | 388,238 | 242,599 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,030,143 | 1,948,164 | 891,421 | 250,611 | 15,589 | 5,527 | 559 | 4,859 | 11,124 | 1,481 | 13,173 | 23,398 | 1,686 | 30,519 | 16,526 | 27,076 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,189,252 | 2,926,995 | 1,961,326 | 1,106,337 | 961,908 | 868,774 | 1,301,139 | 995,373 | 801,412 | 595,916 | 923,463 | 711,642 | 653,537 | 1,346,681 | 901,852 | 744,926 |
total assets | 4,215,609 | 4,079,798 | 3,119,944 | 1,933,421 | 1,917,291 | 1,935,580 | 2,382,838 | 2,016,246 | 1,871,010 | 1,522,285 | 1,181,548 | 1,110,939 | 1,195,124 | 1,898,568 | 1,497,799 | 1,528,612 |
Bank overdraft | 70,529 | 71,485 | 47,264 | 79,139 | 469,905 | 507,829 | 397,948 | 309,797 | 263,058 | 119,893 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 154,955 | 249,245 | 400,602 | 170,965 | 289,445 | 407,668 | 135,207 | 167,771 | 175,758 | 586,835 | 906,667 | 962,674 | 981,927 | 1,627,104 | 1,416,240 | 1,167,181 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 712 | 674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 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 | 0 | 0 |
other current liabilities | 407,189 | 578,553 | 432,690 | 408,404 | 287,614 | 412,806 | 446,807 | 380,458 | 520,221 | 155,434 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 632,673 | 899,283 | 880,556 | 658,508 | 1,046,964 | 1,328,303 | 980,674 | 858,700 | 959,037 | 862,162 | 906,667 | 962,674 | 981,927 | 1,627,104 | 1,416,240 | 1,167,181 |
loans | 241,165 | 310,053 | 406,020 | 454,986 | 251,223 | 261,587 | 271,180 | 289,603 | 308,802 | 227,013 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 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 | 0 | 0 |
other liabilities | 61,875 | 91,575 | 125,276 | 21,810 | 61,720 | 106,904 | 109,203 | 219,087 | 348,068 | 319,838 | 207,124 | 119,443 | 193,489 | 147,346 | 0 | 333,644 |
provisions | 87,776 | 75,985 | 19,863 | 5,738 | 11,466 | 23,279 | 17,168 | 19,396 | 20,841 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 390,816 | 477,613 | 551,159 | 482,534 | 324,409 | 391,770 | 397,551 | 528,086 | 677,711 | 546,851 | 207,124 | 119,443 | 193,489 | 147,346 | 0 | 333,644 |
total liabilities | 1,023,489 | 1,376,896 | 1,431,715 | 1,141,042 | 1,371,373 | 1,720,073 | 1,378,225 | 1,386,786 | 1,636,748 | 1,409,013 | 1,113,791 | 1,082,117 | 1,175,416 | 1,774,450 | 1,416,240 | 1,500,825 |
net assets | 3,192,120 | 2,702,902 | 1,688,229 | 792,379 | 545,918 | 215,507 | 1,004,613 | 629,460 | 234,262 | 113,272 | 67,757 | 28,822 | 19,708 | 124,118 | 81,559 | 27,787 |
total shareholders funds | 3,192,120 | 2,702,902 | 1,688,229 | 792,379 | 545,918 | 215,507 | 1,004,613 | 629,460 | 234,262 | 113,272 | 67,757 | 28,822 | 19,708 | 124,118 | 81,559 | 27,787 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 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 | ||||||||||||||||
Depreciation | 393,725 | 373,941 | 381,033 | 313,800 | 169,104 | 181,924 | 343,592 | 259,857 | 193,956 | 141,531 | 214,431 | 243,753 | 291,703 | 431,295 | 339,822 | 312,674 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||||
Stock | 411,963 | -265,189 | 72,904 | 170,438 | -363,566 | -372,712 | 174,012 | 110,656 | 227,897 | -330,505 | 74,273 | 106,198 | -514,313 | 374,646 | 49,438 | 366,133 |
Debtors | 768,315 | 174,115 | 141,275 | -261,031 | 9,305 | -64,621 | 136,054 | 89,570 | -32,044 | -58,543 | 157,232 | -6,071 | -149,998 | 56,190 | 118,038 | 351,717 |
Creditors | -94,290 | -151,357 | 229,637 | -118,480 | 154,238 | 272,461 | -32,564 | -7,987 | -411,077 | -319,832 | -56,007 | -19,253 | -645,177 | 210,864 | 249,059 | 1,167,181 |
Accruals and Deferred Income | -171,364 | 145,863 | 24,286 | 120,790 | -159,193 | -34,001 | 66,349 | -139,763 | 364,787 | 155,434 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 11,791 | 56,122 | 14,125 | -5,728 | -5,702 | 6,111 | -2,228 | -1,445 | 20,841 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,948 | 7,948 | 0 | -61,913 | 61,913 | -55,617 | 10,758 | 44,859 |
cash flow from investments | ||||||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -712 | -712 | 38 | 674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -68,888 | -95,967 | -48,966 | 203,763 | -19,957 | -9,593 | -18,423 | -19,199 | 81,789 | 227,013 | 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 | 0 | 0 |
other long term liabilities | -29,700 | -33,701 | 103,466 | -39,910 | -47,483 | -2,299 | -109,884 | -128,981 | 28,230 | 112,714 | 87,681 | -74,046 | 46,143 | 147,346 | -333,644 | 333,644 |
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | -918,021 | 1,056,743 | 640,810 | 235,022 | 15,030 | 4,968 | -4,300 | -6,265 | 9,643 | -11,692 | -10,225 | 21,712 | -28,833 | 13,993 | -10,550 | 27,076 |
overdraft | -956 | 24,221 | -31,875 | -390,766 | 71,957 | 109,881 | 88,151 | 46,739 | 143,165 | 119,893 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -917,065 | 1,032,522 | 672,685 | 625,788 | -56,927 | -104,913 | -92,451 | -53,004 | -133,522 | -131,585 | -10,225 | 21,712 | -28,833 | 13,993 | -10,550 | 27,076 |
briggs metals limited Credit Report and Business Information
Briggs Metals Limited Competitor Analysis
Perform a competitor analysis for briggs metals limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in NG24 area or any other competitors across 12 key performance metrics.
briggs metals limited Ownership
BRIGGS METALS LIMITED group structure
Briggs Metals Limited has no subsidiary companies.
Ultimate parent company
BRIGGS METALS LIMITED
05821629
briggs metals limited directors
Briggs Metals Limited currently has 1 director, Mr Bill Briggs-Price serving since May 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Bill Briggs-Price | United Kingdom | 57 years | May 2006 | - | Director |
P&L
December 2023turnover
5.8m
+45%
operating profit
613.1k
0%
gross margin
22.8%
-4.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.2m
+0.18%
total assets
4.2m
+0.03%
cash
1m
-0.47%
net assets
Total assets minus all liabilities
briggs metals limited company details
company number
05821629
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the yard great north road, newark, notts, NG24 1DP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
briggs metals 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 2 charges/mortgages relating to briggs metals limited. Currently there are 2 open charges and 0 have been satisfied in the past.
briggs metals 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.
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briggs metals limited Companies House Filings - See Documents
date | description | view/download |
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