frank nutt sewing machines limited Company Information
Company Number
09703047
Next Accounts
Apr 2025
Industry
Retail sale of electrical household appliances in specialised stores
Shareholders
frank leslie nutt
james francis nutt
View AllGroup Structure
View All
Contact
Registered Address
the old stables, 17-23 poplar road, birmingham, west midlands, B14 7AA
Website
www.franknutt.co.ukfrank nutt sewing machines limited Estimated Valuation
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
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
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
3 Strong
2 Regular
7 Weak
Size
annual sales of £955k, make it smaller than the average company (£15.6m)
- Frank Nutt Sewing Machines Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.5%)
- Frank Nutt Sewing Machines Limited
5.5% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
- Frank Nutt Sewing Machines Limited
27.3% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (6.8%)
- Frank Nutt Sewing Machines Limited
6.8% - Industry AVG
Employees
with 7 employees, this is below the industry average (49)
7 - Frank Nutt Sewing Machines Limited
49 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Frank Nutt Sewing Machines Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £136.4k, this is less efficient (£297k)
- Frank Nutt Sewing Machines Limited
£297k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (21 days)
- Frank Nutt Sewing Machines Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (40 days)
- Frank Nutt Sewing Machines Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 168 days, this is more than average (92 days)
- Frank Nutt Sewing Machines Limited
92 days - Industry AVG
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
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
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 House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
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 | 7 | 7 | 8 | 6 | 5 | 5 | 5 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 20,765 | 31,869 | 40,854 | 5,192 | 5,098 | 4,413 | 3,601 | 3,601 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 20,765 | 31,869 | 40,854 | 5,192 | 5,098 | 4,413 | 3,601 | 3,601 |
Stock & work in progress | 320,949 | 323,991 | 287,323 | 142,047 | 164,870 | 120,998 | 104,209 | 0 |
Trade Debtors | 17,030 | 38,198 | 193,959 | 46,508 | 33,217 | 19,695 | 23,328 | 213,023 |
Group Debtors | 12,300 | 12,300 | 12,300 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,859 | 32,652 | 65,188 | 66,949 | 64,088 | 91,774 | 86,965 | 0 |
Cash | 226,241 | 245,950 | 265,787 | 415,337 | 40,195 | 55,409 | 506 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 579,379 | 653,091 | 824,557 | 670,841 | 302,370 | 287,876 | 215,008 | 213,023 |
total assets | 600,144 | 684,960 | 865,411 | 676,033 | 307,468 | 292,289 | 218,609 | 216,624 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 42,561 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 68,814 | 86,277 | 236,865 | 149,197 | 138,416 | 160,612 | 74,281 | 166,746 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 3,966 | 3,966 | 4,200 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 72,316 | 90,083 | 128,686 | 191,085 | 64,961 | 68,561 | 50,294 | 0 |
total current liabilities | 145,096 | 180,326 | 369,751 | 340,282 | 203,377 | 229,173 | 167,136 | 166,746 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 20,581 | 24,877 | 28,877 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 20,581 | 24,877 | 28,877 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 165,677 | 205,203 | 398,628 | 340,282 | 203,377 | 229,173 | 167,136 | 166,746 |
net assets | 434,467 | 479,757 | 466,783 | 335,751 | 104,091 | 63,116 | 51,473 | 49,878 |
total shareholders funds | 434,467 | 479,757 | 466,783 | 335,751 | 104,091 | 63,116 | 51,473 | 49,878 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 12,603 | 12,733 | 13,619 | 1,427 | 1,700 | 1,470 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
Tax | ||||||||
Stock | -3,042 | 36,668 | 145,276 | -22,823 | 43,872 | 16,789 | 104,209 | 0 |
Debtors | -50,961 | -188,297 | 157,990 | 16,152 | -14,164 | 1,176 | -102,730 | 213,023 |
Creditors | -17,463 | -150,588 | 87,668 | 10,781 | -22,196 | 86,331 | -92,465 | 166,746 |
Accruals and Deferred Income | -17,767 | -38,603 | -62,399 | 126,124 | -3,600 | 18,267 | 50,294 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -4,296 | -4,234 | 33,077 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -19,709 | -19,837 | -149,550 | 375,142 | -15,214 | 54,903 | 506 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | -42,561 | 42,561 | 0 |
change in cash | -19,709 | -19,837 | -149,550 | 375,142 | -15,214 | 97,464 | -42,055 | 0 |
frank nutt sewing machines limited Credit Report and Business Information
Frank Nutt Sewing Machines Limited Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Frank Nutt | England | 59 years | Jul 2015 | - | Director |
Mr James Nutt | United Kingdom | 33 years | Jul 2015 | - | Director |
P&L
July 2023turnover
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 2023net 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
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
date | description | view/download |
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