brown & newirth limited
brown & newirth limited Company Information
Company Number
07804441
Website
www.brownandnewirth.comRegistered Address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Industry
Manufacture of jewellery and related articles
Telephone
01707255000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
ampersand brands limited 73.5%
simon ashton 18.1%
View Allbrown & newirth limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN & NEWIRTH LIMITED at £5.4m based on a Turnover of £8.8m and 0.62x industry multiple (adjusted for size and gross margin).
brown & newirth limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN & NEWIRTH LIMITED at £3m based on an EBITDA of £401.9k and a 7.55x industry multiple (adjusted for size and gross margin).
brown & newirth limited Estimated Valuation
Pomanda estimates the enterprise value of BROWN & NEWIRTH LIMITED at £255.4k based on Net Assets of £137.8k and 1.85x industry multiple (adjusted for liquidity).
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Brown & Newirth Limited Overview
Brown & Newirth Limited is a live company located in coventry, CV5 6UB with a Companies House number of 07804441. It operates in the manufacture of jewellery and related articles sector, SIC Code 32120. Founded in October 2011, it's largest shareholder is ampersand brands limited with a 73.5% stake. Brown & Newirth Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.8m with healthy growth in recent years.
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Brown & Newirth Limited Health Check
Pomanda's financial health check has awarded Brown & Newirth Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £8.8m, make it smaller than the average company (£11.3m)
£8.8m - Brown & Newirth Limited
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.5%)
12% - Brown & Newirth Limited
8.5% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (36.7%)
29.5% - Brown & Newirth Limited
36.7% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (9.6%)
3.5% - Brown & Newirth Limited
9.6% - Industry AVG
Employees
with 37 employees, this is similar to the industry average (37)
37 - Brown & Newirth Limited
37 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£39.2k)
£42.1k - Brown & Newirth Limited
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £238.7k, this is more efficient (£191.7k)
£238.7k - Brown & Newirth Limited
£191.7k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (36 days)
55 days - Brown & Newirth Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (39 days)
72 days - Brown & Newirth Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is less than average (187 days)
59 days - Brown & Newirth Limited
187 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Brown & Newirth Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (39%)
96.2% - Brown & Newirth Limited
39% - Industry AVG
BROWN & NEWIRTH LIMITED financials
Brown & Newirth Limited's latest turnover from March 2023 is £8.8 million and the company has net assets of £137.8 thousand. According to their latest financial statements, Brown & Newirth Limited has 37 employees and maintains cash reserves of £39.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,831,163 | 6,385,246 | 3,458,421 | 6,205,908 | 6,852,121 | 8,086,161 | 8,559,676 | 7,856,074 | 8,222,014 | 7,689,422 | 8,019,728 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 6,230,018 | 4,728,416 | 2,712,079 | 4,440,990 | 4,950,505 | 5,943,931 | 6,106,005 | 5,708,840 | 6,205,402 | 5,927,093 | 6,097,089 |
| Gross Profit | 2,601,145 | 1,656,830 | 746,342 | 1,764,918 | 1,901,616 | 2,142,230 | 2,453,671 | 2,147,234 | 2,016,612 | 1,762,329 | 1,922,639 |
| Admin Expenses | 2,293,467 | 1,597,380 | 1,077,161 | 1,785,422 | 1,731,373 | 1,912,519 | 1,852,803 | 1,716,480 | 1,705,172 | 1,504,932 | 2,245,774 |
| Operating Profit | 307,678 | 59,450 | -330,819 | -20,504 | 170,243 | 229,711 | 600,868 | 430,754 | 311,440 | 257,397 | -323,135 |
| Interest Payable | 99,587 | 66,641 | 22,867 | 50,790 | 115,740 | 37,264 | 136,612 | 97,931 | 128,179 | 164,422 | 149,763 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 208,091 | -7,191 | -353,686 | -71,294 | 54,503 | 192,447 | 464,256 | 332,823 | 183,261 | 92,975 | -677,618 |
| Tax | 0 | -100 | 0 | 0 | -10,356 | -18,480 | -24,000 | -90,000 | -86,724 | 176,724 | 0 |
| Profit After Tax | 208,091 | -7,291 | -353,686 | -71,294 | 44,147 | 173,967 | 440,256 | 242,823 | 96,537 | 269,699 | -677,618 |
| Dividends Paid | 0 | 0 | 0 | 15,197 | 59,772 | 153,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 208,091 | -7,291 | -353,686 | -86,491 | -15,625 | 20,967 | 440,256 | 242,823 | 96,537 | 269,699 | -677,618 |
| Employee Costs | 1,559,123 | 1,168,364 | 1,102,553 | 1,339,962 | 1,374,047 | 1,447,559 | 1,459,146 | 1,356,594 | 1,420,210 | 1,579,154 | 1,907,771 |
| Number Of Employees | 37 | 32 | 34 | 38 | 43 | 48 | 49 | 47 | 47 | 51 | 64 |
| EBITDA* | 401,903 | 151,028 | -191,376 | 156,855 | 400,019 | 435,746 | 876,074 | 522,718 | 445,090 | 71,756 | -310,004 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,008,898 | 213,699 | 213,086 | 274,514 | 354,623 | 579,813 | 560,723 | 156,241 | 170,284 | 255,307 | 221,004 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -94,640 | -110,400 | -144,284 | -377,168 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 45,175 | 45,175 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,054,073 | 258,874 | 213,086 | 274,514 | 354,623 | 579,813 | 560,723 | 61,601 | 59,884 | 111,023 | -156,164 |
| Stock & work in progress | 1,011,588 | 1,584,571 | 1,192,204 | 1,163,888 | 1,097,824 | 1,056,226 | 799,207 | 839,077 | 848,784 | 841,494 | 1,058,268 |
| Trade Debtors | 1,350,958 | 1,006,213 | 596,689 | 1,039,324 | 1,412,427 | 1,676,513 | 1,652,076 | 1,295,139 | 1,563,497 | 1,370,159 | 1,394,175 |
| Group Debtors | 20,584 | 16,265 | 34,497 | 12,610 | 1,861 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 117,040 | 143,353 | 106,340 | 85,101 | 68,006 | 109,417 | 220,978 | 171,830 | 448,643 | 549,695 | 170,559 |
| Cash | 39,907 | 136,094 | 370,347 | 150,134 | 110,104 | 192,737 | 236,310 | 60,833 | 23,113 | 18,252 | 7,644 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,540,077 | 2,886,496 | 2,300,077 | 2,451,057 | 2,690,222 | 3,034,893 | 2,908,571 | 2,366,879 | 2,884,037 | 2,779,600 | 2,630,646 |
| total assets | 3,594,150 | 3,145,370 | 2,513,163 | 2,725,571 | 3,044,845 | 3,614,706 | 3,469,294 | 2,428,480 | 2,943,921 | 2,890,623 | 2,474,482 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 118,182 | 118,182 | 130,046 | 240,000 | 240,000 | 240,000 | 240,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,237,972 | 923,956 | 726,396 | 666,682 | 520,557 | 753,791 | 538,904 | 568,245 | 523,849 | 424,589 | 392,931 |
| Group/Directors Accounts | 453,692 | 601,516 | 680,005 | 338,167 | 193,450 | 112,500 | 55,263 | 800,000 | 700,000 | 187,250 | 234,511 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 38,847 | 33,266 | 21,941 | 5,000 | 0 | 0 | 0 | 0 | 3,680 | 18,910 | 0 |
| other current liabilities | 1,213,756 | 1,016,810 | 1,017,814 | 1,077,459 | 1,382,021 | 1,575,652 | 1,483,331 | 975,245 | 1,199,229 | 1,135,339 | 1,124,657 |
| total current liabilities | 3,062,449 | 2,693,730 | 2,576,202 | 2,327,308 | 2,336,028 | 2,681,943 | 2,317,498 | 2,343,490 | 2,426,758 | 1,766,088 | 1,752,099 |
| loans | 393,940 | 521,970 | 0 | 86,616 | 331,679 | 540,000 | 780,000 | 153,450 | 828,450 | 1,530,520 | 1,400,000 |
| hp & lease commitments | 0 | 0 | 0 | 21,000 | 0 | 0 | 0 | 0 | 0 | 1,840 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 393,940 | 521,970 | 0 | 107,616 | 331,679 | 540,000 | 780,000 | 153,450 | 828,450 | 1,532,360 | 1,400,000 |
| total liabilities | 3,456,389 | 3,215,700 | 2,576,202 | 2,434,924 | 2,667,707 | 3,221,943 | 3,097,498 | 2,496,940 | 3,255,208 | 3,298,448 | 3,152,099 |
| net assets | 137,761 | -70,330 | -63,039 | 290,647 | 377,138 | 392,763 | 371,796 | -68,460 | -311,287 | -407,825 | -677,617 |
| total shareholders funds | 137,761 | -70,330 | -63,039 | 290,647 | 377,138 | 392,763 | 371,796 | -68,460 | -311,287 | -407,825 | -677,617 |
| Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 307,678 | 59,450 | -330,819 | -20,504 | 170,243 | 229,711 | 600,868 | 430,754 | 311,440 | 257,397 | -323,135 |
| Depreciation | 94,225 | 91,578 | 139,443 | 177,359 | 229,776 | 206,035 | 180,566 | 76,204 | 99,766 | 96,086 | 82,594 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 94,640 | 15,760 | 33,884 | -281,727 | -69,463 |
| Tax | 0 | -100 | 0 | 0 | -10,356 | -18,480 | -24,000 | -90,000 | -86,724 | 176,724 | 0 |
| Stock | -572,983 | 392,367 | 28,316 | 66,064 | 41,598 | 257,019 | -39,870 | -9,707 | 7,290 | -216,774 | 1,058,268 |
| Debtors | 322,751 | 473,480 | -399,509 | -345,259 | -303,636 | -87,124 | 406,085 | -545,171 | 92,286 | 355,120 | 1,564,734 |
| Creditors | 314,016 | 197,560 | 59,714 | 146,125 | -233,234 | 214,887 | -29,341 | 44,396 | 99,260 | 31,658 | 392,931 |
| Accruals and Deferred Income | 196,946 | -1,004 | -59,645 | -304,562 | -193,631 | 92,321 | 508,086 | -223,984 | 63,890 | 10,682 | 1,124,657 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,163,097 | -518,363 | 179,886 | 277,613 | 224,836 | 554,579 | 964,604 | 808,008 | 421,940 | 152,474 | -1,415,418 |
| Investing Activities | |||||||||||
| capital expenditure | -81,546 | -155,010 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -81,546 | -155,010 | |||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | -11,864 | -109,954 | 0 | 0 | 0 | 240,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -147,824 | -78,489 | 341,838 | 144,717 | 80,950 | 57,237 | -744,737 | 100,000 | 512,750 | -47,261 | 234,511 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -128,030 | 521,970 | -86,616 | -245,063 | -208,321 | -240,000 | 626,550 | -675,000 | -702,070 | 130,520 | 1,400,000 |
| Hire Purchase and Lease Commitments | 5,581 | 11,325 | -4,059 | 26,000 | 0 | 0 | 0 | -3,680 | -17,070 | 20,750 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -99,587 | -66,641 | -22,867 | -50,790 | -115,740 | -37,264 | -136,612 | -97,931 | -128,179 | -164,422 | -149,763 |
| cash flow from financing | -369,860 | 376,301 | 118,342 | -125,136 | -243,111 | -220,027 | -14,799 | -676,607 | -334,568 | -60,320 | 1,484,749 |
| cash and cash equivalents | |||||||||||
| cash | -96,187 | -234,253 | 220,213 | 40,030 | -82,633 | -43,573 | 175,477 | 37,720 | 4,861 | 10,608 | 7,644 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -96,187 | -234,253 | 220,213 | 40,030 | -82,633 | -43,573 | 175,477 | 37,720 | 4,861 | 10,608 | 7,644 |
brown & newirth limited Credit Report and Business Information
Brown & Newirth Limited Competitor Analysis
Perform a competitor analysis for brown & newirth limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CV5 area or any other competitors across 12 key performance metrics.
brown & newirth limited Ownership
BROWN & NEWIRTH LIMITED group structure
Brown & Newirth Limited has no subsidiary companies.
Ultimate parent company
2 parents
BROWN & NEWIRTH LIMITED
07804441
brown & newirth limited directors
Brown & Newirth Limited currently has 4 directors. The longest serving directors include Mr John Ball (May 2012) and Mr Gareth Thomas (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Ball | England | 50 years | May 2012 | - | Director |
| Mr Gareth Thomas | United Kingdom | 43 years | Jul 2019 | - | Director |
| Ms Jane Rogers | United Kingdom | 43 years | Jul 2019 | - | Director |
| Mr Jerry Anderson | United Kingdom | 42 years | Jun 2024 | - | Director |
P&L
March 2023turnover
8.8m
+38%
operating profit
307.7k
+418%
gross margin
29.5%
+13.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
137.8k
-2.96%
total assets
3.6m
+0.14%
cash
39.9k
-0.71%
net assets
Total assets minus all liabilities
brown & newirth limited company details
company number
07804441
Type
Private limited with Share Capital
industry
32120 - Manufacture of jewellery and related articles
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
chrysus trading limited (March 2012)
accountant
-
auditor
SAGARS ACCOUNTANTS LTD
address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Bank
-
Legal Advisor
-
brown & newirth 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 3 charges/mortgages relating to brown & newirth limited. Currently there are 1 open charges and 2 have been satisfied in the past.
brown & newirth limited Companies House Filings - See Documents
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