frank nutt sewing machines limited

frank nutt sewing machines limited Company Information

Share FRANK NUTT SEWING MACHINES LIMITED
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Company Number

09703047

Industry

Retail sale of electrical household appliances in specialised stores

 

Shareholders

frank leslie nutt

james francis nutt

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Group Structure

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Contact

Registered Address

the old stables, 17-23 poplar road, birmingham, west midlands, B14 7AA

frank nutt sewing machines limited Estimated Valuation

£284.7k

Pomanda estimates the enterprise value of FRANK NUTT SEWING MACHINES LIMITED at £284.7k based on a Turnover of £955k and 0.3x industry multiple (adjusted for size and gross margin).

frank nutt sewing machines limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FRANK NUTT SEWING MACHINES LIMITED at £0 based on an EBITDA of £-44.5k and a 3.39x industry multiple (adjusted for size and gross margin).

frank nutt sewing machines limited Estimated Valuation

£950.2k

Pomanda estimates the enterprise value of FRANK NUTT SEWING MACHINES LIMITED at £950.2k based on Net Assets of £434.5k and 2.19x industry multiple (adjusted for liquidity).

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Frank Nutt Sewing Machines Limited Overview

Frank Nutt Sewing Machines Limited is a live company located in birmingham, B14 7AA with a Companies House number of 09703047. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in July 2015, it's largest shareholder is frank leslie nutt with a 93.2% stake. Frank Nutt Sewing Machines Limited is a young, small sized company, Pomanda has estimated its turnover at £955k with low growth in recent years.

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Frank Nutt Sewing Machines Limited Health Check

Pomanda's financial health check has awarded Frank Nutt Sewing Machines Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £955k, make it smaller than the average company (£15.6m)

£955k - Frank Nutt Sewing Machines Limited

£15.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.5%)

1% - Frank Nutt Sewing Machines Limited

5.5% - Industry AVG

production

Production

with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)

27.3% - Frank Nutt Sewing Machines Limited

27.3% - Industry AVG

profitability

Profitability

an operating margin of -6% make it less profitable than the average company (6.8%)

-6% - Frank Nutt Sewing Machines Limited

6.8% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (49)

7 - Frank Nutt Sewing Machines Limited

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)

£35.9k - Frank Nutt Sewing Machines Limited

£35.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £136.4k, this is less efficient (£297k)

£136.4k - Frank Nutt Sewing Machines Limited

£297k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (21 days)

6 days - Frank Nutt Sewing Machines Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is quicker than average (40 days)

36 days - Frank Nutt Sewing Machines Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 168 days, this is more than average (92 days)

168 days - Frank Nutt Sewing Machines Limited

92 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (19 weeks)

81 weeks - Frank Nutt Sewing Machines Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.6%, this is a lower level of debt than the average (55.9%)

27.6% - Frank Nutt Sewing Machines Limited

55.9% - Industry AVG

FRANK NUTT SEWING MACHINES LIMITED financials

EXPORTms excel logo

Frank Nutt Sewing Machines Limited's latest turnover from July 2023 is estimated at £955 thousand and the company has net assets of £434.5 thousand. According to their latest financial statements, Frank Nutt Sewing Machines Limited has 7 employees and maintains cash reserves of £226.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Turnover955,0411,071,5991,971,987921,940815,089874,572617,8084,390,202
Other Income Or Grants00000000
Cost Of Sales694,588787,4571,460,478663,218584,867625,500431,7442,959,372
Gross Profit260,453284,142511,509258,722230,222249,072186,0641,430,830
Admin Expenses317,548271,323350,082-27,050179,994233,454182,8931,368,482
Operating Profit-57,09512,819161,427285,77250,22815,6183,17162,348
Interest Payable000001,3831,3300
Interest Receivable11,8053,19834122835914010
Pre-Tax Profit-45,29016,017161,768286,00050,58614,3741,84262,348
Tax0-3,043-30,736-54,340-9,611-2,731-350-12,469
Profit After Tax-45,29012,974131,032231,66040,97511,6431,49249,878
Dividends Paid00000000
Retained Profit-45,29012,974131,032231,66040,97511,6431,49249,878
Employee Costs250,954242,912247,611164,138134,272132,175134,364627,883
Number Of Employees778655525
EBITDA*-44,49225,552175,046287,19951,92817,0883,17162,348

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Tangible Assets20,76531,86940,8545,1925,0984,4133,6013,601
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets20,76531,86940,8545,1925,0984,4133,6013,601
Stock & work in progress320,949323,991287,323142,047164,870120,998104,2090
Trade Debtors17,03038,198193,95946,50833,21719,69523,328213,023
Group Debtors12,30012,30012,30000000
Misc Debtors2,85932,65265,18866,94964,08891,77486,9650
Cash226,241245,950265,787415,33740,19555,4095060
misc current assets00000000
total current assets579,379653,091824,557670,841302,370287,876215,008213,023
total assets600,144684,960865,411676,033307,468292,289218,609216,624
Bank overdraft00000042,5610
Bank loan00000000
Trade Creditors 68,81486,277236,865149,197138,416160,61274,281166,746
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments3,9663,9664,20000000
other current liabilities72,31690,083128,686191,08564,96168,56150,2940
total current liabilities145,096180,326369,751340,282203,377229,173167,136166,746
loans00000000
hp & lease commitments20,58124,87728,87700000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities20,58124,87728,87700000
total liabilities165,677205,203398,628340,282203,377229,173167,136166,746
net assets434,467479,757466,783335,751104,09163,11651,47349,878
total shareholders funds434,467479,757466,783335,751104,09163,11651,47349,878
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Operating Activities
Operating Profit-57,09512,819161,427285,77250,22815,6183,17162,348
Depreciation12,60312,73313,6191,4271,7001,47000
Amortisation00000000
Tax0-3,043-30,736-54,340-9,611-2,731-350-12,469
Stock-3,04236,668145,276-22,82343,87216,789104,2090
Debtors-50,961-188,297157,99016,152-14,1641,176-102,730213,023
Creditors-17,463-150,58887,66810,781-22,19686,331-92,465166,746
Accruals and Deferred Income-17,767-38,603-62,399126,124-3,60018,26750,2940
Deferred Taxes & Provisions00000000
Cash flow from operations-25,719-15,053-133,687376,435-13,187100,990-40,8293,602
Investing Activities
capital expenditure-1,499-3,748-49,281-1,521-2,385-2,2820-3,601
Change in Investments00000000
cash flow from investments-1,499-3,748-49,281-1,521-2,385-2,2820-3,601
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments-4,296-4,23433,07700000
other long term liabilities00000000
share issue0000001030
interest11,8053,198341228359-1,243-1,3290
cash flow from financing7,509-1,03633,418228359-1,243-1,2260
cash and cash equivalents
cash-19,709-19,837-149,550375,142-15,21454,9035060
overdraft00000-42,56142,5610
change in cash-19,709-19,837-149,550375,142-15,21497,464-42,0550

frank nutt sewing machines 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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Frank Nutt Sewing Machines Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for frank nutt sewing machines limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B14 area or any other competitors across 12 key performance metrics.

frank nutt sewing machines limited Ownership

FRANK NUTT SEWING MACHINES LIMITED group structure

Frank Nutt Sewing Machines Limited has no subsidiary companies.

Ultimate parent company

FRANK NUTT SEWING MACHINES LIMITED

09703047

FRANK NUTT SEWING MACHINES LIMITED Shareholders

frank leslie nutt 93.2%
james francis nutt 5.83%
claire elizabeth nutt 0.97%

frank nutt sewing machines limited directors

Frank Nutt Sewing Machines Limited currently has 2 directors. The longest serving directors include Mr Frank Nutt (Jul 2015) and Mr James Nutt (Jul 2015).

officercountryagestartendrole
Mr Frank NuttEngland59 years Jul 2015- Director
Mr James NuttUnited Kingdom33 years Jul 2015- Director

P&L

July 2023

turnover

955k

-11%

operating profit

-57.1k

0%

gross margin

27.3%

+2.85%

turnover

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

Balance Sheet

July 2023

net assets

434.5k

-0.09%

total assets

600.1k

-0.12%

cash

226.2k

-0.08%

net assets

Total assets minus all liabilities

frank nutt sewing machines limited company details

company number

09703047

Type

Private limited with Share Capital

industry

47540 - Retail sale of electrical household appliances in specialised stores

incorporation date

July 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

INSPIRED ACCOUNTANTS LIMITED

auditor

-

address

the old stables, 17-23 poplar road, birmingham, west midlands, B14 7AA

Bank

-

Legal Advisor

-

frank nutt sewing machines 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 frank nutt sewing machines limited.

frank nutt sewing machines 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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frank nutt sewing machines limited Companies House Filings - See Documents

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