nuts & bolts ltd
nuts & bolts ltd Company Information
Company Number
08198337
Website
www.nutsandbolts.co.ukRegistered Address
c/o troy (uk) limited, tiger moth road, exeter, EX5 2FW
Industry
Wholesale of other intermediate products
Telephone
01934416765
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
united tooling solutions ii ltd 100%
nuts & bolts ltd Estimated Valuation
Pomanda estimates the enterprise value of NUTS & BOLTS LTD at £798.5k based on a Turnover of £3.7m and 0.22x industry multiple (adjusted for size and gross margin).
nuts & bolts ltd Estimated Valuation
Pomanda estimates the enterprise value of NUTS & BOLTS LTD at £2.1m based on an EBITDA of £736.7k and a 2.82x industry multiple (adjusted for size and gross margin).
nuts & bolts ltd Estimated Valuation
Pomanda estimates the enterprise value of NUTS & BOLTS LTD at £5.4m based on Net Assets of £3.1m and 1.74x industry multiple (adjusted for liquidity).
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Nuts & Bolts Ltd Overview
Nuts & Bolts Ltd is a live company located in exeter, EX5 2FW with a Companies House number of 08198337. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in September 2012, it's largest shareholder is united tooling solutions ii ltd with a 100% stake. Nuts & Bolts Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.7m with declining growth in recent years.
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Nuts & Bolts Ltd Health Check
Pomanda's financial health check has awarded Nuts & Bolts Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£16.8m)
- Nuts & Bolts Ltd
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.5%)
- Nuts & Bolts Ltd
3.5% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (25%)
- Nuts & Bolts Ltd
25% - Industry AVG
Profitability
an operating margin of 18.7% make it more profitable than the average company (6.7%)
- Nuts & Bolts Ltd
6.7% - Industry AVG
Employees
with 18 employees, this is below the industry average (33)
18 - Nuts & Bolts Ltd
33 - Industry AVG
Pay Structure
on an average salary of £45.5k, the company has an equivalent pay structure (£45.5k)
- Nuts & Bolts Ltd
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £203.6k, this is less efficient (£412.2k)
- Nuts & Bolts Ltd
£412.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (57 days)
- Nuts & Bolts Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (29 days)
- Nuts & Bolts Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 338 days, this is more than average (73 days)
- Nuts & Bolts Ltd
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (12 weeks)
5 weeks - Nuts & Bolts Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.9%, this is a lower level of debt than the average (49.3%)
33.9% - Nuts & Bolts Ltd
49.3% - Industry AVG
nuts & bolts ltd Credit Report and Business Information
Nuts & Bolts Ltd Competitor Analysis
Perform a competitor analysis for nuts & bolts ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nuts & bolts ltd Ownership
NUTS & BOLTS LTD group structure
Nuts & Bolts Ltd has no subsidiary companies.
Ultimate parent company
2 parents
NUTS & BOLTS LTD
08198337
nuts & bolts ltd directors
Nuts & Bolts Ltd currently has 4 directors. The longest serving directors include Mr David Jackson (Mar 2022) and Mr Paul Kilbride (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Jackson | Scotland | 58 years | Mar 2022 | - | Director |
| Mr Paul Kilbride | Wales | 60 years | Mar 2022 | - | Director |
| Mr Christopher Taylor | Scotland | 43 years | Mar 2022 | - | Director |
| Mr Paul Kilbride | Scotland | 60 years | Mar 2022 | - | Director |
NUTS & BOLTS LTD financials
Nuts & Bolts Ltd's latest turnover from December 2022 is estimated at £3.7 million and the company has net assets of £3.1 million. According to their latest financial statements, Nuts & Bolts Ltd has 18 employees and maintains cash reserves of £155 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 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 | 18 | 17 | 15 | 14 | 15 | 14 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,540 | 203,068 | 151,263 | 124,854 | 183,078 | 166,832 | 8,333 | 4,010 | 10,167 | 15,512 |
| Intangible Assets | 0 | 38,250 | 89,250 | 140,250 | 191,250 | 242,250 | 306,000 | 357,000 | 408,000 | 459,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 180,270 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,540 | 241,318 | 240,513 | 265,104 | 374,328 | 589,352 | 314,333 | 361,010 | 418,167 | 474,512 |
| Stock & work in progress | 2,832,243 | 3,250,433 | 1,721,762 | 2,307,116 | 3,911,302 | 538,775 | 1,211,102 | 788,353 | 392,888 | 266,773 |
| Trade Debtors | 265,361 | 638,505 | 516,170 | 391,459 | 818,562 | 255,178 | 205,814 | 196,617 | 259,490 | 199,200 |
| Group Debtors | 780,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 652,254 | 27,031 | 0 | 192,325 | 97,325 | 0 | 0 | 0 | 0 | 0 |
| Cash | 155,020 | 260,425 | 1,344,919 | 9,649 | 6,825 | 410,659 | 141,921 | 172,620 | 95,439 | 55,731 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,685,419 | 4,176,394 | 3,582,851 | 2,900,549 | 4,834,014 | 1,204,612 | 1,558,837 | 1,157,590 | 747,817 | 521,704 |
| total assets | 4,698,959 | 4,417,712 | 3,823,364 | 3,165,653 | 5,208,342 | 1,793,964 | 1,873,170 | 1,518,600 | 1,165,984 | 996,216 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 63,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 774,949 | 1,003,681 | 1,323,765 | 1,481,541 | 3,827,119 | 703,344 | 981,628 | 695,613 | 493,366 | 405,597 |
| Group/Directors Accounts | 146,466 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 72,612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 668,854 | 210,753 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,590,269 | 1,410,379 | 1,323,765 | 1,481,541 | 3,827,119 | 703,344 | 981,628 | 695,613 | 493,366 | 405,597 |
| loans | 0 | 63,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 355,659 | 558,591 | 557,805 | 451,971 | 350,260 | 361,454 | 500,000 | 500,000 | 510,000 |
| provisions | 3,847 | 38,583 | 28,740 | 23,722 | 34,785 | 31,698 | 1,667 | 802 | 2,033 | 2,924 |
| total long term liabilities | 3,847 | 457,576 | 587,331 | 581,527 | 486,756 | 381,958 | 363,121 | 500,802 | 502,033 | 512,924 |
| total liabilities | 1,594,116 | 1,867,955 | 1,911,096 | 2,063,068 | 4,313,875 | 1,085,302 | 1,344,749 | 1,196,415 | 995,399 | 918,521 |
| net assets | 3,104,843 | 2,549,757 | 1,912,268 | 1,102,585 | 894,467 | 708,662 | 528,421 | 322,185 | 170,585 | 77,695 |
| total shareholders funds | 3,104,843 | 2,549,757 | 1,912,268 | 1,102,585 | 894,467 | 708,662 | 528,421 | 322,185 | 170,585 | 77,695 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 14,420 | 118,027 | 60,642 | 58,224 | 57,850 | 46,136 | 8,177 | 6,157 | 5,345 | 0 |
| Amortisation | 38,250 | 51,000 | 51,000 | 51,000 | 51,000 | 63,750 | 51,000 | 51,000 | 51,000 | 0 |
| Tax | ||||||||||
| Stock | -418,190 | 1,528,671 | -585,354 | -1,604,186 | 3,372,527 | -672,327 | 422,749 | 395,465 | 126,115 | 266,773 |
| Debtors | 1,032,620 | 149,366 | -67,614 | -332,103 | 480,439 | 229,634 | 9,197 | -62,873 | 60,290 | 199,200 |
| Creditors | -228,732 | -320,084 | -157,776 | -2,345,578 | 3,123,775 | -278,284 | 286,015 | 202,247 | 87,769 | 405,597 |
| Accruals and Deferred Income | 458,101 | 210,753 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -34,736 | 9,843 | 5,018 | -11,063 | 3,087 | 30,031 | 865 | -1,231 | -891 | 2,924 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -63,333 | 63,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 86,466 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -63,334 | 63,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -72,612 | 72,612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -355,659 | -202,932 | 786 | 105,834 | 101,711 | -11,194 | -138,546 | 0 | -10,000 | 510,000 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -105,405 | -1,084,494 | 1,335,270 | 2,824 | -403,834 | 268,738 | -30,699 | 77,181 | 39,708 | 55,731 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -105,405 | -1,084,494 | 1,335,270 | 2,824 | -403,834 | 268,738 | -30,699 | 77,181 | 39,708 | 55,731 |
P&L
December 2022turnover
3.7m
-24%
operating profit
684k
0%
gross margin
16.8%
+1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.1m
+0.22%
total assets
4.7m
+0.06%
cash
155k
-0.4%
net assets
Total assets minus all liabilities
Similar Companies
nuts & bolts ltd company details
company number
08198337
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
September 2012
age
12
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o troy (uk) limited, tiger moth road, exeter, EX5 2FW
last accounts submitted
December 2022
nuts & bolts ltd 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 nuts & bolts ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
nuts & bolts ltd Companies House Filings - See Documents
| date | description | view/download |
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