concept tiling solutions nw limited
concept tiling solutions nw limited Company Information
Company Number
08075460
Next Accounts
2 days late
Shareholders
craig schietaert
scott smithson
View AllGroup Structure
View All
Industry
Floor and wall covering
Registered Address
18 chester road, middlewich, CW10 9EU
concept tiling solutions nw limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT TILING SOLUTIONS NW LIMITED at £306.2k based on a Turnover of £769.6k and 0.4x industry multiple (adjusted for size and gross margin).
concept tiling solutions nw limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT TILING SOLUTIONS NW LIMITED at £119.6k based on an EBITDA of £35.5k and a 3.37x industry multiple (adjusted for size and gross margin).
concept tiling solutions nw limited Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT TILING SOLUTIONS NW LIMITED at £297.3k based on Net Assets of £155.8k and 1.91x industry multiple (adjusted for liquidity).
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Concept Tiling Solutions Nw Limited Overview
Concept Tiling Solutions Nw Limited is a live company located in middlewich, CW10 9EU with a Companies House number of 08075460. It operates in the floor and wall covering sector, SIC Code 43330. Founded in May 2012, it's largest shareholder is craig schietaert with a 40% stake. Concept Tiling Solutions Nw Limited is a established, small sized company, Pomanda has estimated its turnover at £769.6k with healthy growth in recent years.
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Concept Tiling Solutions Nw Limited Health Check
Pomanda's financial health check has awarded Concept Tiling Solutions Nw Limited a 4 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 £769.6k, make it larger than the average company (£294.1k)
- Concept Tiling Solutions Nw Limited
£294.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.9%)
- Concept Tiling Solutions Nw Limited
6.9% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
- Concept Tiling Solutions Nw Limited
29.3% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (7.2%)
- Concept Tiling Solutions Nw Limited
7.2% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
4 - Concept Tiling Solutions Nw Limited
3 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Concept Tiling Solutions Nw Limited
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £192.4k, this is more efficient (£148.7k)
- Concept Tiling Solutions Nw Limited
£148.7k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (59 days)
- Concept Tiling Solutions Nw Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (34 days)
- Concept Tiling Solutions Nw Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is more than average (17 days)
- Concept Tiling Solutions Nw Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (24 weeks)
10 weeks - Concept Tiling Solutions Nw Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66%, this is a higher level of debt than the average (57%)
66% - Concept Tiling Solutions Nw Limited
57% - Industry AVG
CONCEPT TILING SOLUTIONS NW LIMITED financials
Concept Tiling Solutions Nw Limited's latest turnover from May 2023 is estimated at £769.6 thousand and the company has net assets of £155.8 thousand. According to their latest financial statements, Concept Tiling Solutions Nw Limited has 4 employees and maintains cash reserves of £61.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 3 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,969 | 17,658 | 23,544 | 40,779 | 54,372 | 78,159 | 23,212 | 21,765 | 10,493 | 9,000 | |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 17,969 | 17,658 | 23,544 | 40,779 | 54,372 | 78,159 | 23,212 | 21,765 | 10,493 | 9,000 | |
| Stock & work in progress | 48,775 | 42,014 | 24,000 | 5,000 | 37,200 | 40,000 | 11,500 | 35,000 | |||
| Trade Debtors | 58,960 | 113,605 | 134,865 | 104,435 | 93,480 | 80,135 | 37,224 | 38,532 | 54,490 | 4,115 | |
| Group Debtors | |||||||||||
| Misc Debtors | 271,117 | 233,071 | 180,919 | 118,430 | 157,216 | 132,295 | 29,792 | 15,598 | 33,122 | ||
| Cash | 61,066 | 33,296 | 14,483 | 135,795 | 57,320 | 26,622 | 110,766 | 5,632 | 9,263 | 40,049 | |
| misc current assets | |||||||||||
| total current assets | 439,918 | 421,986 | 354,267 | 363,660 | 345,216 | 279,052 | 189,282 | 94,762 | 63,753 | 77,286 | |
| total assets | 457,887 | 439,644 | 377,811 | 404,439 | 399,588 | 357,211 | 212,494 | 116,527 | 74,246 | 86,286 | |
| Bank overdraft | 1,857 | ||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 188,708 | 201,743 | 141,687 | 105,134 | 87,935 | 98,761 | 72,671 | 89,089 | 66,861 | 41,743 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | 4,745 | 10,691 | 10,691 | 12,123 | |||||||
| other current liabilities | 109,764 | 105,812 | 91,957 | 99,194 | 113,563 | 72,878 | 98,382 | 35,408 | |||
| total current liabilities | 298,472 | 307,555 | 238,389 | 215,019 | 212,189 | 183,762 | 172,910 | 124,497 | 66,861 | 41,743 | |
| loans | |||||||||||
| hp & lease commitments | 4,628 | 38,323 | 49,013 | 59,704 | |||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 3,594 | ||||||||||
| total long term liabilities | 3,594 | 4,628 | 38,323 | 49,013 | 59,704 | ||||||
| total liabilities | 302,066 | 307,555 | 243,017 | 253,342 | 261,202 | 243,466 | 172,910 | 124,497 | 66,861 | 41,743 | |
| net assets | 155,821 | 132,089 | 134,794 | 151,097 | 138,386 | 113,745 | 39,584 | -7,970 | 7,385 | 44,543 | |
| total shareholders funds | 155,821 | 132,089 | 134,794 | 151,097 | 138,386 | 113,745 | 39,584 | -7,970 | 7,385 | 44,543 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 5,989 | 5,886 | 7,848 | 13,593 | 18,125 | 26,053 | 3,553 | 3,778 | 3,498 | 3,000 | |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | 6,761 | 18,014 | 19,000 | -32,200 | -2,800 | 28,500 | -23,500 | 35,000 | |||
| Debtors | -16,599 | 30,892 | 92,919 | -27,831 | 38,266 | 145,414 | 12,886 | -360 | 17,253 | 37,237 | |
| Creditors | -13,035 | 60,056 | 36,553 | 17,199 | -10,826 | 26,090 | -16,418 | 22,228 | 25,118 | 41,743 | |
| Accruals and Deferred Income | 3,952 | 13,855 | -7,237 | -14,369 | 40,685 | -25,504 | 62,974 | 35,408 | |||
| Deferred Taxes & Provisions | 3,594 | ||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | -9,373 | -39,641 | -10,690 | -12,123 | 71,827 | ||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 27,770 | 18,813 | -121,312 | 78,475 | 30,698 | -84,144 | 105,134 | -3,631 | -30,786 | 40,049 | |
| overdraft | -1,857 | 1,857 | |||||||||
| change in cash | 27,770 | 18,813 | -121,312 | 78,475 | 30,698 | -82,287 | 103,277 | -3,631 | -30,786 | 40,049 |
concept tiling solutions nw limited Credit Report and Business Information
Concept Tiling Solutions Nw Limited Competitor Analysis
Perform a competitor analysis for concept tiling solutions nw limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CW10 area or any other competitors across 12 key performance metrics.
concept tiling solutions nw limited Ownership
CONCEPT TILING SOLUTIONS NW LIMITED group structure
Concept Tiling Solutions Nw Limited has no subsidiary companies.
Ultimate parent company
CONCEPT TILING SOLUTIONS NW LIMITED
08075460
concept tiling solutions nw limited directors
Concept Tiling Solutions Nw Limited currently has 4 directors. The longest serving directors include Mr Scott Smithson (May 2012) and Mr Craig Schietaert (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Scott Smithson | England | 50 years | May 2012 | - | Director |
| Mr Craig Schietaert | England | 45 years | May 2012 | - | Director |
| Mrs Gemma Smithson | England | 43 years | Jan 2019 | - | Director |
| Mrs Rachel Schietaert | United Kingdom | 39 years | Jan 2019 | - | Director |
P&L
May 2023turnover
769.6k
-16%
operating profit
29.5k
0%
gross margin
29.4%
-2.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
155.8k
+0.18%
total assets
457.9k
+0.04%
cash
61.1k
+0.83%
net assets
Total assets minus all liabilities
concept tiling solutions nw limited company details
company number
08075460
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
SMITH TURNER
auditor
-
address
18 chester road, middlewich, CW10 9EU
Bank
-
Legal Advisor
-
concept tiling solutions nw 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 concept tiling solutions nw limited.
concept tiling solutions nw 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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concept tiling solutions nw limited Companies House Filings - See Documents
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