Pomanda estimates the enterprise value of NICHOLLS JOINERY LIMITED at £335.4k based on a Turnover of £1.1m and 0.31x industry multiple (adjusted for size and gross margin).
nicholls joinery limitedEstimated Valuation
£207.6k
Pomanda estimates the enterprise value of NICHOLLS JOINERY LIMITED at £207.6k based on an EBITDA of £68.6k and a 3.03x industry multiple (adjusted for size and gross margin).
nicholls joinery limitedEstimated Valuation
£495.8k
Pomanda estimates the enterprise value of NICHOLLS JOINERY LIMITED at £495.8k based on Net Assets of £307.7k and 1.61x industry multiple (adjusted for liquidity).
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Nicholls Joinery LimitedOverview
Nicholls Joinery Limited is a live company located in kettering, NN16 8PY with a Companies House number of 06434974. It operates in the manufacture of other furniture sector, SIC Code 31090. Founded in November 2007, it's largest shareholder is
jeremy nicholls
with a 99.7% stake. Nicholls Joinery Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Nicholls Joinery 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
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£11.1m)
£1.1m - Nicholls Joinery Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (10.1%)
24% - Nicholls Joinery Limited
10.1% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (32.2%)
32.2% - Nicholls Joinery Limited
32.2% - Industry AVG
Profitability
an operating margin of 5.5% make it more profitable than the average company (3.6%)
5.5% - Nicholls Joinery Limited
3.6% - Industry AVG
Employees
with 13 employees, this is below the industry average (80)
13 - Nicholls Joinery Limited
80 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
£33.1k - Nicholls Joinery Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £82.4k, this is less efficient (£125.1k)
£82.4k - Nicholls Joinery Limited
£125.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (41 days)
54 days - Nicholls Joinery Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (39 days)
41 days - Nicholls Joinery Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (41 days)
19 days - Nicholls Joinery Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 53 weeks, this is more cash available to meet short term requirements (19 weeks)
53 weeks - Nicholls Joinery Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.1%, this is a lower level of debt than the average (56.2%)
42.1% - Nicholls Joinery Limited
56.2% - Industry AVG
NICHOLLS JOINERY LIMITED financials
EXPORT
Nicholls Joinery Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £307.7 thousand. According to their latest financial statements, Nicholls Joinery Limited has 13 employees and maintains cash reserves of £201.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,071,233
822,509
577,886
555,709
595,736
593,803
504,901
552,825
280,409
443,683
290,340
420,312
207,899
220,299
79,896
Other Income Or Grants
Cost Of Sales
726,026
565,132
397,889
384,161
410,306
406,074
341,317
365,655
183,654
295,695
196,571
278,302
138,454
136,560
49,798
Gross Profit
345,206
257,378
179,997
171,548
185,431
187,728
163,584
187,170
96,755
147,988
93,770
142,010
69,445
83,739
30,098
Admin Expenses
285,886
445,630
148,650
125,018
142,045
217,890
96,644
176,796
-9,728
143,213
20,145
70,555
9,031
36,341
4,297
Operating Profit
59,320
-188,252
31,347
46,530
43,386
-30,162
66,940
10,374
106,483
4,775
73,625
71,455
60,414
47,398
25,801
Interest Payable
3,302
3,844
3,122
1,525
61
80
22
11
11
Interest Receivable
13,488
14,435
2,868
335
256
1,512
1,042
622
898
682
677
531
369
149
28
Pre-Tax Profit
69,507
-177,661
31,093
45,340
43,642
-28,650
67,921
10,915
107,359
5,457
74,301
71,986
60,772
47,536
25,829
Tax
-17,377
-5,908
-8,615
-8,292
-12,905
-2,183
-21,472
-1,146
-17,089
-17,277
-15,801
-13,310
-7,232
Profit After Tax
52,130
-177,661
25,185
36,725
35,350
-28,650
55,016
8,732
85,887
4,311
57,212
54,709
44,971
34,226
18,597
Dividends Paid
Retained Profit
52,130
-177,661
25,185
36,725
35,350
-28,650
55,016
8,732
85,887
4,311
57,212
54,709
44,971
34,226
18,597
Employee Costs
430,734
413,694
368,998
319,823
328,460
319,148
277,416
308,875
84,009
137,241
80,772
127,048
50,926
74,457
25,952
Number Of Employees
13
13
12
11
11
11
10
11
3
5
3
5
2
3
1
EBITDA*
68,556
-177,006
43,788
57,427
57,431
-18,432
79,877
20,992
112,893
10,854
74,228
78,127
64,819
50,136
28,248
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
30,688
37,924
48,821
38,500
49,397
63,442
50,175
53,082
33,715
25,629
29,879
25,615
24,348
15,035
9,400
Intangible Assets
Investments & Other
145,135
Debtors (Due After 1 year)
Total Fixed Assets
30,688
37,924
48,821
38,500
49,397
63,442
195,310
53,082
33,715
25,629
29,879
25,615
24,348
15,035
9,400
Stock & work in progress
39,753
9,483
10,317
3,189
3,230
17,485
9,450
9,000
12,500
20,000
13,000
11,000
6,000
1,000
1,000
Trade Debtors
161,102
94,850
34,177
58,912
65,580
55,852
53,538
62,567
57,815
81,859
41,936
82,027
47,501
52,861
18,244
Group Debtors
Misc Debtors
98,463
9,869
176,399
117,741
117,860
78,527
53,551
53,213
62,734
68,910
49,807
4,657
1,994
3,303
Cash
201,113
312,721
366,578
398,101
271,449
239,710
163,509
253,236
244,086
114,955
157,709
112,964
99,298
48,265
11,328
misc current assets
total current assets
500,431
426,923
587,471
577,943
458,119
391,574
280,048
378,016
377,135
285,724
262,452
205,991
157,456
104,120
33,875
total assets
531,119
464,847
636,292
616,443
507,516
455,016
475,358
431,098
410,850
311,353
292,331
231,606
181,804
119,155
43,275
Bank overdraft
13,699
10,000
10,000
7,906
Bank loan
Trade Creditors
83,507
70,415
56,295
62,623
62,258
70,592
48,406
23,358
30,103
91,200
81,616
78,103
22,071
17,056
10,296
Group/Directors Accounts
66
61
other short term finances
1,886
682
hp & lease commitments
2,685
3,874
8,651
6,474
6,474
1,946
2,838
4,848
3,784
other current liabilities
94,883
83,556
74,403
78,451
48,070
29,082
49,417
74,116
61,940
60,939
47,941
13,382
total current liabilities
194,774
167,845
149,349
155,454
116,802
101,620
100,661
104,274
96,570
91,200
81,616
78,103
83,010
64,997
23,678
loans
12,500
22,500
32,500
42,094
335
hp & lease commitments
9,000
11,685
11,895
3,493
9,967
5,330
6,562
6,623
Accruals and Deferred Income
other liabilities
provisions
7,104
7,206
9,276
7,315
9,385
12,054
10,035
10,616
6,743
5,126
total long term liabilities
28,604
41,391
53,671
52,902
19,352
17,384
10,035
17,178
13,366
5,126
335
total liabilities
223,378
209,236
203,020
208,356
136,154
119,004
110,696
121,452
109,936
96,326
81,616
78,103
83,010
65,332
23,678
net assets
307,741
255,611
433,272
408,087
371,362
336,012
364,662
309,646
300,914
215,027
210,715
153,503
98,794
53,823
19,597
total shareholders funds
307,741
255,611
433,272
408,087
371,362
336,012
364,662
309,646
300,914
215,027
210,715
153,503
98,794
53,823
19,597
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
59,320
-188,252
31,347
46,530
43,386
-30,162
66,940
10,374
106,483
4,775
73,625
71,455
60,414
47,398
25,801
Depreciation
9,236
11,246
12,441
10,897
14,045
11,730
12,937
10,618
6,410
6,079
603
6,672
4,405
2,738
2,447
Amortisation
Tax
-17,377
-5,908
-8,615
-8,292
-12,905
-2,183
-21,472
-1,146
-17,089
-17,277
-15,801
-13,310
-7,232
Stock
30,270
-834
7,128
-41
-14,255
8,035
450
-3,500
-7,500
7,000
2,000
5,000
5,000
1,000
Debtors
154,846
-105,857
33,923
-6,787
49,061
27,290
-8,691
-4,769
-30,220
59,026
9,716
29,869
-2,697
33,308
21,547
Creditors
13,092
14,120
-6,328
365
-8,334
22,186
25,048
-6,745
-61,097
9,584
3,513
56,032
5,015
6,760
10,296
Accruals and Deferred Income
11,327
9,153
-4,048
30,381
18,988
-20,335
-24,699
12,176
61,940
-60,939
12,998
34,559
13,382
Deferred Taxes & Provisions
-102
-2,070
1,961
-2,070
-2,669
2,019
-581
3,873
1,617
5,126
Cash flow from operations
-109,620
-49,112
-11,586
84,316
22,318
-49,887
74,981
36,382
131,601
-41,608
48,936
21,074
64,728
44,837
22,147
Investing Activities
capital expenditure
-2,000
-349
-22,762
-24,997
-10,030
-29,985
-14,496
-1,829
-4,867
-7,939
-13,718
-8,373
-11,847
Change in Investments
-145,135
145,135
cash flow from investments
-2,000
-349
-22,762
120,138
-155,165
-29,985
-14,496
-1,829
-4,867
-7,939
-13,718
-8,373
-11,847
Financing Activities
Bank loans
Group/Directors Accounts
-66
5
61
Other Short Term Loans
-1,886
1,204
682
Long term loans
-10,000
-10,000
-9,594
42,094
-335
335
Hire Purchase and Lease Commitments
-3,874
-4,987
10,579
-6,474
9,165
4,438
-8,572
1,003
10,407
other long term liabilities
share issue
1
1,000
interest
10,186
10,591
-254
-1,190
256
1,512
981
542
876
682
677
531
358
138
28
cash flow from financing
-3,688
-4,396
731
34,430
9,421
5,950
-9,543
2,754
12,026
683
677
531
23
473
1,028
cash and cash equivalents
cash
-111,608
-53,857
-31,523
126,652
31,739
76,201
-89,727
9,150
129,131
-42,754
44,745
13,666
51,033
36,937
11,328
overdraft
3,699
2,094
7,906
change in cash
-115,307
-53,857
-33,617
118,746
31,739
76,201
-89,727
9,150
129,131
-42,754
44,745
13,666
51,033
36,937
11,328
nicholls joinery limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nicholls joinery limited. Get real-time insights into nicholls joinery limited's credit score, group structure and payment trends.
Perform a competitor analysis for nicholls joinery limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NN16 area or any other competitors across 12 key performance metrics.
nicholls joinery limited Ownership
NICHOLLS JOINERY LIMITED group structure
Nicholls Joinery Limited has no subsidiary companies.
Ultimate parent company
NICHOLLS JOINERY LIMITED
06434974
NICHOLLS JOINERY LIMITED Shareholders
The largest shareholders in Nicholls Joinery Limited include Jeremy Nicholls and Harry Nicholls.
jeremy nicholls
99.7%
harry nicholls
0.1%
helen king
0.1%
mrs susan lesley nicholls
0.1%
nicholls joinery limited directors
Nicholls Joinery Limited currently has 3 directors.
The longest serving directors include
Mrs Susan Nicholls (Nov 2007) and
Mr Jeremy Nicholls (Nov 2007).
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 did not find charges/mortgages relating to nicholls joinery limited.
nicholls joinery limited Capital Raised & Share Issues BETA
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nicholls joinery limitedCompanies House Filings - See Documents
