butler traditional wooden boats limited Company Information
Company Number
05883067
Next Accounts
Sep 2025
Industry
Building of pleasure and sporting boats
Directors
Shareholders
butler & butler (holdings) limited
Group Structure
View All
Contact
Registered Address
penpol boatyard trolver croft, feock, truro, cornwall, TR3 6RT
Website
www.butlerboatyards.co.ukbutler traditional wooden boats limited Estimated Valuation
Pomanda estimates the enterprise value of BUTLER TRADITIONAL WOODEN BOATS LIMITED at £271.5k based on a Turnover of £659.6k and 0.41x industry multiple (adjusted for size and gross margin).
butler traditional wooden boats limited Estimated Valuation
Pomanda estimates the enterprise value of BUTLER TRADITIONAL WOODEN BOATS LIMITED at £0 based on an EBITDA of £-7.3k and a 3.55x industry multiple (adjusted for size and gross margin).
butler traditional wooden boats limited Estimated Valuation
Pomanda estimates the enterprise value of BUTLER TRADITIONAL WOODEN BOATS LIMITED at £468.5k based on Net Assets of £202.6k and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Butler Traditional Wooden Boats Limited Overview
Butler Traditional Wooden Boats Limited is a live company located in truro, TR3 6RT with a Companies House number of 05883067. It operates in the building of pleasure and sporting boats sector, SIC Code 30120. Founded in July 2006, it's largest shareholder is butler & butler (holdings) limited with a 100% stake. Butler Traditional Wooden Boats Limited is a established, small sized company, Pomanda has estimated its turnover at £659.6k with declining growth in recent years.
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Butler Traditional Wooden Boats Limited Health Check
Pomanda's financial health check has awarded Butler Traditional Wooden Boats Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £659.6k, make it smaller than the average company (£12m)
- Butler Traditional Wooden Boats Limited
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (10.6%)
- Butler Traditional Wooden Boats Limited
10.6% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- Butler Traditional Wooden Boats Limited
26% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (4.1%)
- Butler Traditional Wooden Boats Limited
4.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (99)
7 - Butler Traditional Wooden Boats Limited
99 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Butler Traditional Wooden Boats Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £94.2k, this is less efficient (£142.5k)
- Butler Traditional Wooden Boats Limited
£142.5k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (33 days)
- Butler Traditional Wooden Boats Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (43 days)
- Butler Traditional Wooden Boats Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 264 days, this is more than average (47 days)
- Butler Traditional Wooden Boats Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Butler Traditional Wooden Boats Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a similar level of debt than the average (67.6%)
66.2% - Butler Traditional Wooden Boats Limited
67.6% - Industry AVG
BUTLER TRADITIONAL WOODEN BOATS LIMITED financials
Butler Traditional Wooden Boats Limited's latest turnover from December 2023 is estimated at £659.6 thousand and the company has net assets of £202.6 thousand. According to their latest financial statements, Butler Traditional Wooden Boats Limited has 7 employees and maintains cash reserves of £16 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 | 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 | 7 | 7 | 10 | 9 | 5 | 5 | 4 | 4 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | 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 | 60,120 | 64,692 | 62,030 | 35,211 | 40,210 | 44,693 | 37,902 | 40,213 | 373,116 | 756,900 | 759,592 | 764,264 | 767,696 | 751,477 | 752,953 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 30,000 | 45,000 |
Investments & Other | 0 | 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 | 0 |
Total Fixed Assets | 60,120 | 64,692 | 62,030 | 35,211 | 40,210 | 44,693 | 37,902 | 40,213 | 373,116 | 756,900 | 759,592 | 764,264 | 782,696 | 781,477 | 797,953 |
Stock & work in progress | 354,408 | 354,262 | 291,751 | 183,351 | 78,429 | 100,018 | 50,371 | 37,126 | 26,505 | 72,347 | 65,947 | 93,979 | 119,913 | 61,708 | 83,857 |
Trade Debtors | 9,608 | 23,168 | 11,266 | 25,070 | 11,837 | 16,705 | 8,330 | 11,316 | 10,707 | 46,652 | 51,328 | 109,200 | 129,606 | 94,901 | 65,443 |
Group Debtors | 98,188 | 181,736 | 261,345 | 359,873 | 294,621 | 128,058 | 104,988 | 59,888 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 76,158 | 20,815 | 12,061 | 33,635 | 7,093 | 5,055 | 37 | 63,735 | 1,883 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 16 | 15,001 | 407 | 11,406 | 6,318 | 408 | 7,548 | 408 | 8,778 | 638 | 24,960 | 28,922 | 115,423 | 811 | 1 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 538,378 | 594,982 | 576,830 | 613,335 | 398,298 | 250,244 | 171,274 | 172,473 | 47,873 | 119,637 | 142,235 | 232,101 | 364,942 | 157,420 | 149,301 |
total assets | 598,498 | 659,674 | 638,860 | 648,546 | 438,508 | 294,937 | 209,176 | 212,686 | 420,989 | 876,537 | 901,827 | 996,365 | 1,147,638 | 938,897 | 947,254 |
Bank overdraft | 18,959 | 10,366 | 19,351 | 7,416 | 0 | 9,679 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,715 | 15,636 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 19,259 | 22,649 | 45,635 | 77,745 | 72,499 | 25,063 | 23,320 | 40,273 | 8,548 | 149,229 | 169,528 | 240,802 | 356,382 | 143,050 | 150,459 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,768 | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 220,730 | 264,284 | 210,169 | 150,352 | 95,398 | 88,859 | 40,505 | 40,317 | 37,067 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 258,948 | 297,299 | 275,155 | 235,513 | 167,897 | 123,601 | 63,825 | 90,305 | 71,019 | 149,229 | 169,528 | 240,802 | 356,382 | 143,050 | 150,459 |
loans | 23,846 | 30,135 | 34,841 | 0 | 0 | 0 | 0 | 0 | 266,142 | 222,465 | 239,362 | 254,997 | 0 | 284,256 | 288,194 |
hp & lease commitments | 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 |
other liabilities | 105,000 | 105,000 | 105,000 | 125,276 | 80,000 | 70,000 | 87,700 | 107,700 | 108,200 | 171,991 | 129,823 | 139,078 | 422,450 | 121,300 | 147,383 |
provisions | 8,152 | 6,882 | 6,605 | 6,690 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 188 |
total long term liabilities | 136,998 | 142,017 | 146,446 | 131,966 | 80,000 | 70,000 | 87,700 | 107,700 | 374,342 | 394,456 | 369,185 | 394,075 | 422,450 | 405,556 | 435,765 |
total liabilities | 395,946 | 439,316 | 421,601 | 367,479 | 247,897 | 193,601 | 151,525 | 198,005 | 445,361 | 543,685 | 538,713 | 634,877 | 778,832 | 548,606 | 586,224 |
net assets | 202,552 | 220,358 | 217,259 | 281,067 | 190,611 | 101,336 | 57,651 | 14,681 | -24,372 | 332,852 | 363,114 | 361,488 | 368,806 | 390,291 | 361,030 |
total shareholders funds | 202,552 | 220,358 | 217,259 | 281,067 | 190,611 | 101,336 | 57,651 | 14,681 | -24,372 | 332,852 | 363,114 | 361,488 | 368,806 | 390,291 | 361,030 |
Dec 2023 | 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 | |||||||||||||||
Depreciation | 6,240 | 8,329 | 7,695 | 6,749 | 6,398 | 6,511 | 4,261 | 3,462 | 5,264 | 5,167 | 4,672 | 4,672 | 5,901 | 1,476 | 14,084 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 15,000 | 15,000 | 15,000 |
Tax | |||||||||||||||
Stock | 146 | 62,511 | 108,400 | 104,922 | -21,589 | 49,647 | 13,245 | 10,621 | -45,842 | 6,400 | -28,032 | -25,934 | 58,205 | -22,149 | 83,857 |
Debtors | -41,765 | -58,953 | -133,906 | 105,027 | 163,733 | 36,463 | -21,584 | 122,349 | -34,062 | -4,676 | -57,872 | -20,406 | 34,705 | 29,458 | 65,443 |
Creditors | -3,390 | -22,986 | -32,110 | 5,246 | 47,436 | 1,743 | -16,953 | 31,725 | -140,681 | -20,299 | -71,274 | -115,580 | 213,332 | -7,409 | 150,459 |
Accruals and Deferred Income | -43,554 | 54,115 | 59,817 | 54,954 | 6,539 | 48,354 | 188 | 3,250 | 37,067 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 1,270 | 277 | -85 | 6,690 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -188 | 188 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 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 | -9,715 | -5,921 | 15,636 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,768 | 9,768 | 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 |
Long term loans | -6,289 | -4,706 | 34,841 | 0 | 0 | 0 | 0 | -266,142 | 43,677 | -16,897 | -15,635 | 254,997 | -284,256 | -3,938 | 288,194 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | -20,276 | 45,276 | 10,000 | -17,700 | -20,000 | -500 | -63,791 | 42,168 | -9,255 | -283,372 | 301,150 | -26,083 | 147,383 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -14,985 | 14,594 | -10,999 | 5,088 | 5,910 | -7,140 | 7,140 | -8,370 | 8,140 | -24,322 | -3,962 | -86,501 | 114,612 | 810 | 1 |
overdraft | 8,593 | -8,985 | 11,935 | 7,416 | -9,679 | 9,679 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -23,578 | 23,579 | -22,934 | -2,328 | 15,589 | -16,819 | 7,140 | -8,370 | 8,140 | -24,322 | -3,962 | -86,501 | 114,612 | 810 | 1 |
butler traditional wooden boats limited Credit Report and Business Information
Butler Traditional Wooden Boats Limited Competitor Analysis
Perform a competitor analysis for butler traditional wooden boats limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TR3 area or any other competitors across 12 key performance metrics.
butler traditional wooden boats limited Ownership
BUTLER TRADITIONAL WOODEN BOATS LIMITED group structure
Butler Traditional Wooden Boats Limited has no subsidiary companies.
Ultimate parent company
1 parent
BUTLER TRADITIONAL WOODEN BOATS LIMITED
05883067
butler traditional wooden boats limited directors
Butler Traditional Wooden Boats Limited currently has 1 director, Mr Ashley Butler serving since Jul 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ashley Butler | England | 47 years | Jul 2006 | - | Director |
P&L
December 2023turnover
659.6k
-6%
operating profit
-13.5k
0%
gross margin
26%
+2.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
202.6k
-0.08%
total assets
598.5k
-0.09%
cash
16
-1%
net assets
Total assets minus all liabilities
butler traditional wooden boats limited company details
company number
05883067
Type
Private limited with Share Capital
industry
30120 - Building of pleasure and sporting boats
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
penpol boatyard trolver croft, feock, truro, cornwall, TR3 6RT
Bank
-
Legal Advisor
-
butler traditional wooden boats 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 butler traditional wooden boats limited. Currently there are 3 open charges and 1 have been satisfied in the past.
butler traditional wooden boats 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 BUTLER TRADITIONAL WOODEN BOATS LIMITED. This can take several minutes, an email will notify you when this has completed.
butler traditional wooden boats limited Companies House Filings - See Documents
date | description | view/download |
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