universal insulating products ltd.

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universal insulating products ltd. Company Information

Share UNIVERSAL INSULATING PRODUCTS LTD.

Company Number

08620921

Shareholders

wendy davies

nicholas davies

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Group Structure

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Industry

Non-specialised wholesale trade

 

Registered Address

unit 13, c/o vertali ltd, buntsford drive, bromsgrove, B60 3DJ

universal insulating products ltd. Estimated Valuation

£470.3k

Pomanda estimates the enterprise value of UNIVERSAL INSULATING PRODUCTS LTD. at £470.3k based on a Turnover of £1.4m and 0.34x industry multiple (adjusted for size and gross margin).

universal insulating products ltd. Estimated Valuation

£33k

Pomanda estimates the enterprise value of UNIVERSAL INSULATING PRODUCTS LTD. at £33k based on an EBITDA of £8.4k and a 3.93x industry multiple (adjusted for size and gross margin).

universal insulating products ltd. Estimated Valuation

£419.2k

Pomanda estimates the enterprise value of UNIVERSAL INSULATING PRODUCTS LTD. at £419.2k based on Net Assets of £152.2k and 2.75x industry multiple (adjusted for liquidity).

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Universal Insulating Products Ltd. Overview

Universal Insulating Products Ltd. is a live company located in bromsgrove, B60 3DJ with a Companies House number of 08620921. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in July 2013, it's largest shareholder is wendy davies with a 35% stake. Universal Insulating Products Ltd. is a established, small sized company, Pomanda has estimated its turnover at £1.4m with low growth in recent years.

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Universal Insulating Products Ltd. Health Check

Pomanda's financial health check has awarded Universal Insulating Products Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£16.2m)

£1.4m - Universal Insulating Products Ltd.

£16.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.3%)

2% - Universal Insulating Products Ltd.

6.3% - Industry AVG

production

Production

with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)

27.6% - Universal Insulating Products Ltd.

27.6% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (5.1%)

0.5% - Universal Insulating Products Ltd.

5.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (41)

4 - Universal Insulating Products Ltd.

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Universal Insulating Products Ltd.

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £347.4k, this is equally as efficient (£379k)

£347.4k - Universal Insulating Products Ltd.

£379k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is near the average (52 days)

60 days - Universal Insulating Products Ltd.

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (32 days)

78 days - Universal Insulating Products Ltd.

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 46 days, this is less than average (77 days)

46 days - Universal Insulating Products Ltd.

77 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (14 weeks)

20 weeks - Universal Insulating Products Ltd.

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.2%, this is a higher level of debt than the average (47.3%)

70.2% - Universal Insulating Products Ltd.

47.3% - Industry AVG

UNIVERSAL INSULATING PRODUCTS LTD. financials

EXPORTms excel logo

Universal Insulating Products Ltd.'s latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of £152.2 thousand. According to their latest financial statements, Universal Insulating Products Ltd. has 4 employees and maintains cash reserves of £132.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jul 2014
Turnover1,389,5851,131,6621,497,8391,328,158867,652782,092701,155669,29700
Other Income Or Grants0000000000
Cost Of Sales1,006,164816,9591,084,333967,861630,196572,922509,318480,21800
Gross Profit383,422314,703413,506360,297237,456209,170191,837189,07900
Admin Expenses375,911460,661403,169335,586197,040203,884214,58764,809-1250
Operating Profit7,511-145,95810,33724,71140,4165,286-22,750124,2701250
Interest Payable3,3751,66300000000
Interest Receivable4,85492200000000
Pre-Tax Profit8,991-146,69910,33724,71140,4165,286-22,750124,2701250
Tax-2,2480-1,964-4,695-7,679-1,0040-24,854-250
Profit After Tax6,743-146,6998,37320,01632,7374,282-22,75099,4161000
Dividends Paid0000000000
Retained Profit6,743-146,6998,37320,01632,7374,282-22,75099,4161000
Employee Costs178,181126,266120,79975,47637,73836,91972,171105,85000
Number Of Employees4332112300
EBITDA*8,395-145,95810,33724,71140,4165,286-22,750124,2701250

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jul 2014
Tangible Assets7163841,15200018678600
Intangible Assets0000000000
Investments & Other000000001000
Debtors (Due After 1 year)0000000000
Total Fixed Assets7163841,1520001867861000
Stock & work in progress128,956177,84700000000
Trade Debtors230,353188,338308,905299,667202,581175,691143,884141,40500
Group Debtors0000000000
Misc Debtors18,67521,35310,2749,1889,46700000
Cash132,25352,67300000000
misc current assets000005,3115,9055,94800
total current assets510,237440,211319,179308,855212,048181,002149,789147,35300
total assets510,953440,595320,331308,855212,048181,002149,975148,1391000
Bank overdraft0000000000
Bank loan10,00010,00000000000
Trade Creditors 216,620189,322141,225127,81896,28398,11471,36945,75600
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities114,61053,76800000000
total current liabilities341,230253,090141,225127,81896,28398,11471,36945,75600
loans15,00025,00000000000
hp & lease commitments0000000000
Accruals and Deferred Income2,32616,9341,9322,2361,9801,8401,8402,86700
other liabilities0035,00045,000000000
provisions1799600000000
total long term liabilities17,50542,03036,93247,2361,9801,8401,8402,86700
total liabilities358,735295,120178,157175,05498,26399,95473,20948,62300
net assets152,218145,475142,174133,801113,78581,04876,76699,5161000
total shareholders funds152,218145,475142,174133,801113,78581,04876,76699,5161000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jul 2014
Operating Activities
Operating Profit7,511-145,95810,33724,71140,4165,286-22,750124,2701250
Depreciation884000000000
Amortisation0000000000
Tax-2,2480-1,964-4,695-7,679-1,0040-24,854-250
Stock-48,891177,84700000000
Debtors39,337-109,48810,32496,80736,35731,8072,479141,40500
Creditors27,29848,09713,40731,535-1,83126,74525,61345,75600
Accruals and Deferred Income46,23468,770-3042561400-1,0272,86700
Deferred Taxes & Provisions839600000000
Cash flow from operations89,316-97,35411,152-45,000-5,311-780-6436,6341000
Investing Activities
capital expenditure-1,216768-1,15200186600-78600
Change in Investments0000000-1001000
cash flow from investments-1,216768-1,15200186600-686-1000
Financing Activities
Bank loans010,00000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans-10,00025,00000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0-35,000-10,00045,000000000
share issue0150,00000000000
interest1,479-74100000000
cash flow from financing-8,521149,259-10,00045,000000000
cash and cash equivalents
cash79,58052,67300000000
overdraft0000000000
change in cash79,58052,67300000000

universal insulating products ltd. 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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Universal Insulating Products Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for universal insulating products ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B60 area or any other competitors across 12 key performance metrics.

universal insulating products ltd. Ownership

UNIVERSAL INSULATING PRODUCTS LTD. group structure

Universal Insulating Products Ltd. has no subsidiary companies.

Ultimate parent company

UNIVERSAL INSULATING PRODUCTS LTD.

08620921

UNIVERSAL INSULATING PRODUCTS LTD. Shareholders

wendy davies 35%
nicholas davies 30%
anthony littlehales 30%
stuart hubble 5%

universal insulating products ltd. directors

Universal Insulating Products Ltd. currently has 2 directors. The longest serving directors include Mr Nicholas Davies (Oct 2015) and Mr Anthony Littlehales (Oct 2015).

officercountryagestartendrole
Mr Nicholas DaviesUnited Kingdom59 years Oct 2015- Director
Mr Anthony LittlehalesEngland56 years Oct 2015- Director

P&L

December 2023

turnover

1.4m

+23%

operating profit

7.5k

0%

gross margin

27.6%

-0.78%

turnover

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

Balance Sheet

December 2023

net assets

152.2k

+0.05%

total assets

511k

+0.16%

cash

132.3k

+1.51%

net assets

Total assets minus all liabilities

universal insulating products ltd. company details

company number

08620921

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

July 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

southdown solutions limited (November 2015)

accountant

-

auditor

-

address

unit 13, c/o vertali ltd, buntsford drive, bromsgrove, B60 3DJ

Bank

-

Legal Advisor

-

universal insulating products 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 did not find charges/mortgages relating to universal insulating products ltd..

universal insulating products ltd. 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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universal insulating products ltd. Companies House Filings - See Documents

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