nationwide technical products limited

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nationwide technical products limited Company Information

Share NATIONWIDE TECHNICAL PRODUCTS LIMITED

Company Number

06758427

Directors

Alan Birch

Alan Birch

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Shareholders

david birch

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

agusta house commerce way, edenbridge, kent, TN8 6ED

nationwide technical products limited Estimated Valuation

£260.7k

Pomanda estimates the enterprise value of NATIONWIDE TECHNICAL PRODUCTS LIMITED at £260.7k based on a Turnover of £467.9k and 0.56x industry multiple (adjusted for size and gross margin).

nationwide technical products limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NATIONWIDE TECHNICAL PRODUCTS LIMITED at £0 based on an EBITDA of £-18.2k and a 4.01x industry multiple (adjusted for size and gross margin).

nationwide technical products limited Estimated Valuation

£801.1k

Pomanda estimates the enterprise value of NATIONWIDE TECHNICAL PRODUCTS LIMITED at £801.1k based on Net Assets of £349.1k and 2.3x industry multiple (adjusted for liquidity).

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Nationwide Technical Products Limited Overview

Nationwide Technical Products Limited is a live company located in kent, TN8 6ED with a Companies House number of 06758427. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2008, it's largest shareholder is david birch with a 100% stake. Nationwide Technical Products Limited is a established, micro sized company, Pomanda has estimated its turnover at £467.9k with declining growth in recent years.

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Nationwide Technical Products Limited Health Check

Pomanda's financial health check has awarded Nationwide Technical Products Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £467.9k, make it smaller than the average company (£3.7m)

£467.9k - Nationwide Technical Products Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (8.3%)

-23% - Nationwide Technical Products Limited

8.3% - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - Nationwide Technical Products Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of -5% make it less profitable than the average company (5.7%)

-5% - Nationwide Technical Products Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (22)

2 - Nationwide Technical Products Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - Nationwide Technical Products Limited

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £233.9k, this is more efficient (£146.6k)

£233.9k - Nationwide Technical Products Limited

£146.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is later than average (36 days)

47 days - Nationwide Technical Products Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 71 days, this is slower than average (32 days)

71 days - Nationwide Technical Products Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 122 days, this is more than average (28 days)

122 days - Nationwide Technical Products Limited

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (27 weeks)

1 weeks - Nationwide Technical Products Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.4%, this is a similar level of debt than the average (58.7%)

53.4% - Nationwide Technical Products Limited

58.7% - Industry AVG

NATIONWIDE TECHNICAL PRODUCTS LIMITED financials

EXPORTms excel logo

Nationwide Technical Products Limited's latest turnover from March 2024 is estimated at £467.9 thousand and the company has net assets of £349.1 thousand. According to their latest financial statements, Nationwide Technical Products Limited has 2 employees and maintains cash reserves of £7.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Nov 2009
Turnover467,866302,5601,753,4421,038,337335,251552,360508,377731,932667,8061,380,001878,447586,726753,179671,209111,418
Other Income Or Grants
Cost Of Sales290,799186,3801,088,463652,106208,180344,439315,817447,670416,429873,475559,464371,692464,920403,18674,879
Gross Profit177,067116,180664,979386,231127,071207,921192,559284,262251,377506,526318,983215,034288,259268,02336,539
Admin Expenses200,614144,352692,620372,21757,100127,582148,900187,922165,317434,789299,081133,509253,425322,56721,589
Operating Profit-23,547-28,172-27,64114,01469,97180,33943,65996,34086,06071,73719,90281,52534,834-54,54414,950
Interest Payable4,0074,6383,3751,525
Interest Receivable7,13510,9941,08211612546740916318918728926211653
Pre-Tax Profit-20,420-21,816-29,93412,60570,09680,80644,06896,50386,24971,92420,19181,78734,950-54,49110,864
Tax-2,395-13,318-15,353-8,373-19,300-17,250-15,104-4,644-19,629-9,087
Profit After Tax-20,420-21,816-29,93410,21056,77865,45335,69577,20268,99956,82015,54762,15825,863-54,49110,864
Dividends Paid
Retained Profit-20,420-21,816-29,93410,21056,77865,45335,69577,20268,99956,82015,54762,15825,863-54,49110,864
Employee Costs92,95689,59484,698120,843119,502154,396109,197106,624106,992391,104247,198174,045243,000205,775
Number Of Employees222334333117576
EBITDA*-18,218-21,710-27,64114,01469,97180,33959,543114,946103,19185,62029,16388,56439,550-51,57614,950

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Nov 2009
Tangible Assets19,57815,76221,73019,66113,81425,89943,75055,46738,11351,12348,91235,99622,19814,08810,661
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets19,57815,76221,73019,66113,81425,89943,75055,46738,11351,12348,91235,99622,19814,08810,661
Stock & work in progress97,60899,233107,825102,67484,94183,789102,478103,623104,26291,74384,72767,50665,53758,47837,324
Trade Debtors60,37835,076381,832242,57537,453101,36286,419154,730120,926159,74574,35680,976128,862106,28239,814
Group Debtors
Misc Debtors563,55859,12831,128155,201140,143155,201362,1871,279545
Cash7,516264,279253,09135,371195,94953,84970,77192,91137,37738,13836,55379,16425,47321,02055,677
misc current assets20,000
total current assets729,060457,716773,876535,821458,486394,201621,855352,543283,110289,626195,636227,646219,872185,780132,815
total assets748,638473,478795,606555,482472,300420,100665,605408,010321,223340,749244,548263,642242,070199,868143,476
Bank overdraft
Bank loan9,9949,74710,000
Trade Creditors 57,07828,619226,47913,41125,60513,45535,11133,93748,552223,628185,73258,67542,68868,84924,925
Group/Directors Accounts253,950
other short term finances
hp & lease commitments
other current liabilities52,90530,942123,81267,27933,53348,453334,892116,43990,340
total current liabilities373,92769,308360,29180,69059,13861,908370,003150,376138,892223,628185,73258,67542,68868,84924,925
loans20,75230,74640,00050,000
hp & lease commitments
Accruals and Deferred Income
other liabilities164,510227,010185,500118,500
provisions4,8953,9404,0153,5582,1383,9466,8094,5366,43510,2248,7395,92759
total long term liabilities25,64734,68644,01553,5582,1383,9466,8094,5366,43510,2248,739170,437227,010185,500118,559
total liabilities399,574103,994404,306134,24861,27665,854376,812154,912145,327233,852194,471229,112269,698254,349143,484
net assets349,064369,484391,300421,234411,024354,246288,793253,098175,896106,89750,07734,530-27,628-54,481-8
total shareholders funds349,064369,484391,300421,234411,024354,246288,793253,098175,896106,89750,07734,530-27,628-54,481-8
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Nov 2009
Operating Activities
Operating Profit-23,547-28,172-27,64114,01469,97180,33943,65996,34086,06071,73719,90281,52534,834-54,54414,950
Depreciation5,3296,46215,88418,60617,13113,8839,2617,0394,7162,968
Amortisation
Tax-2,395-13,318-15,353-8,373-19,300-17,250-15,104-4,644-19,629-9,087
Stock-1,625-8,5925,15117,7331,152-18,689-1,145-63912,5197,01617,2211,9697,05958,47837,324
Debtors529,732-318,75615,184220,180-78,967-192,043292,59734,538-38,27485,389-6,620-47,88622,580106,28239,814
Creditors28,459-197,860213,068-12,19412,150-21,6561,174-14,615-175,07637,896127,05715,987-26,16168,84924,925
Accruals and Deferred Income21,963-92,87056,53333,746-14,920-286,439218,45326,09990,340
Deferred Taxes & Provisions955-754571,420-1,808-2,8632,273-1,899-3,7891,4852,8125,92759
Cash flow from operations-494,94814,833222,082-203,322129,890-35,240-18,38271,33223,17117,492143,787136,766-25,337-147,487-37,204
Investing Activities
capital expenditure-9,145-494-2,069-5,84712,08517,851-4,167-35,960-4,121-16,094-22,177-20,837-12,826-17,056-10,661
Change in Investments
cash flow from investments-9,145-494-2,069-5,84712,08517,851-4,167-35,960-4,121-16,094-22,177-20,837-12,826-17,056-10,661
Financing Activities
Bank loans247-25310,000
Group/Directors Accounts253,950
Other Short Term Loans
Long term loans-9,994-9,254-10,00050,000
Hire Purchase and Lease Commitments
other long term liabilities-164,510-62,50041,510185,500118,500
share issue99010-10,872
interest3,1286,356-2,293-1,40912546740916318918728926211653
cash flow from financing247,331-3,151-2,29348,591125467409163189187-164,221-62,23842,616185,563107,628
cash and cash equivalents
cash-256,76311,188217,720-160,578142,100-16,922-22,14055,534-7611,585-42,61153,6914,45321,02055,677
overdraft
change in cash-256,76311,188217,720-160,578142,100-16,922-22,14055,534-7611,585-42,61153,6914,45321,02055,677

nationwide technical products limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nationwide Technical Products Limited Competitor Analysis

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Perform a competitor analysis for nationwide technical products limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TN8 area or any other competitors across 12 key performance metrics.

nationwide technical products limited Ownership

NATIONWIDE TECHNICAL PRODUCTS LIMITED group structure

Nationwide Technical Products Limited has no subsidiary companies.

Ultimate parent company

NATIONWIDE TECHNICAL PRODUCTS LIMITED

06758427

NATIONWIDE TECHNICAL PRODUCTS LIMITED Shareholders

david birch 100%

nationwide technical products limited directors

Nationwide Technical Products Limited currently has 3 directors. The longest serving directors include Mr Alan Birch (Nov 2008) and Mr Alan Birch (Nov 2008).

officercountryagestartendrole
Mr Alan BirchUnited Kingdom56 years Nov 2008- Director
Mr Alan BirchUnited Kingdom56 years Nov 2008- Director
Mr David BirchEngland56 years Feb 2011- Director

P&L

March 2024

turnover

467.9k

+55%

operating profit

-23.5k

0%

gross margin

37.9%

-1.44%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

349.1k

-0.06%

total assets

748.6k

+0.58%

cash

7.5k

-0.97%

net assets

Total assets minus all liabilities

nationwide technical products limited company details

company number

06758427

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

November 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

TC GROUP

auditor

-

address

agusta house commerce way, edenbridge, kent, TN8 6ED

Bank

-

Legal Advisor

-

nationwide technical products 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 did not find charges/mortgages relating to nationwide technical products limited.

nationwide technical products 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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nationwide technical products limited Companies House Filings - See Documents

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