ultimore uk ltd Company Information
Company Number
10535268
Next Accounts
84 days late
Industry
Wholesale of metals and metal ores
Shareholders
mark tonks
Group Structure
View All
Contact
Registered Address
1 st. margarets road, cheltenham, GL50 4DT
Website
-ultimore uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ULTIMORE UK LTD at £770.2k based on a Turnover of £4m and 0.19x industry multiple (adjusted for size and gross margin).
ultimore uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ULTIMORE UK LTD at £1m based on an EBITDA of £408.9k and a 2.48x industry multiple (adjusted for size and gross margin).
ultimore uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ULTIMORE UK LTD at £7.3m based on Net Assets of £4.3m and 1.69x industry multiple (adjusted for liquidity).
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Ultimore Uk Ltd Overview
Ultimore Uk Ltd is a live company located in cheltenham, GL50 4DT with a Companies House number of 10535268. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in December 2016, it's largest shareholder is mark tonks with a 100% stake. Ultimore Uk Ltd is a young, small sized company, Pomanda has estimated its turnover at £4m with high growth in recent years.
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Ultimore Uk Ltd Health Check
Pomanda's financial health check has awarded Ultimore Uk Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £4m, make it smaller than the average company (£28.4m)
- Ultimore Uk Ltd
£28.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (10.8%)
- Ultimore Uk Ltd
10.8% - Industry AVG
Production
with a gross margin of 6.8%, this company has a higher cost of product (19.5%)
- Ultimore Uk Ltd
19.5% - Industry AVG
Profitability
an operating margin of 10.3% make it more profitable than the average company (7.8%)
- Ultimore Uk Ltd
7.8% - Industry AVG
Employees
with 45 employees, this is above the industry average (29)
45 - Ultimore Uk Ltd
29 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
- Ultimore Uk Ltd
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £88.4k, this is less efficient (£878.4k)
- Ultimore Uk Ltd
£878.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (69 days)
- Ultimore Uk Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (50 days)
- Ultimore Uk Ltd
50 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is less than average (90 days)
- Ultimore Uk Ltd
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 144 weeks, this is more cash available to meet short term requirements (5 weeks)
144 weeks - Ultimore Uk Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (61.1%)
7.6% - Ultimore Uk Ltd
61.1% - Industry AVG
ULTIMORE UK LTD financials
Ultimore Uk Ltd's latest turnover from December 2022 is estimated at £4 million and the company has net assets of £4.3 million. According to their latest financial statements, Ultimore Uk Ltd has 45 employees and maintains cash reserves of £999.8 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 | |
---|---|---|---|---|---|---|
Turnover | 7,346,819 | 6,859,744 | ||||
Other Income Or Grants | 0 | 0 | ||||
Cost Of Sales | 5,968,501 | 5,494,423 | ||||
Gross Profit | 1,378,318 | 1,365,321 | ||||
Admin Expenses | 455,662 | 443,512 | ||||
Operating Profit | 922,656 | 921,809 | ||||
Interest Payable | 7,863 | 7,746 | ||||
Interest Receivable | 183 | 122 | ||||
Pre-Tax Profit | 914,976 | 914,185 | ||||
Tax | 0 | 0 | ||||
Profit After Tax | 914,976 | 914,185 | ||||
Dividends Paid | 0 | 0 | ||||
Retained Profit | 914,976 | 914,185 | ||||
Employee Costs | 255,477 | 247,247 | ||||
Number Of Employees | 45 | 48 | 45 | 35 | 20 | |
EBITDA* | 922,656 | 921,809 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|
Tangible Assets | 2,874,589 | 2,591,371 | 2,274,587 | 1,476,801 | 1,099,800 | 954,112 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,874,589 | 2,591,371 | 2,274,587 | 1,476,801 | 1,099,800 | 954,112 |
Stock & work in progress | 425,781 | 407,899 | 298,454 | 221,746 | 179,850 | 161,431 |
Trade Debtors | 396,981 | 267,613 | 189,476 | 154,123 | 85,987 | 51,011 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 43,666 | 24,635 | 0 | 0 | 0 |
Cash | 999,802 | 936,587 | 524,878 | 436,585 | 390,188 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 285,444 |
total current assets | 1,822,564 | 1,655,765 | 1,037,443 | 812,454 | 656,025 | 497,886 |
total assets | 4,697,153 | 4,247,136 | 3,312,030 | 2,289,255 | 1,755,825 | 1,451,998 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 358,960 | 212,806 | 181,787 | 138,888 | 95,489 | 71,875 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 54,802 | 65,691 | 0 | 0 | 0 |
total current liabilities | 358,960 | 267,608 | 247,478 | 138,888 | 95,489 | 71,875 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 358,960 | 267,608 | 247,478 | 138,888 | 95,489 | 71,875 |
net assets | 4,338,193 | 3,979,528 | 3,064,552 | 2,150,367 | 1,660,336 | 1,380,123 |
total shareholders funds | 4,338,193 | 3,979,528 | 3,064,552 | 2,150,367 | 1,660,336 | 1,380,123 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | 922,656 | 921,809 | ||||
Depreciation | 0 | 0 | ||||
Amortisation | 0 | 0 | 0 | 0 | ||
Tax | 0 | 0 | ||||
Stock | 17,882 | 109,445 | 76,708 | 41,896 | 18,419 | 161,431 |
Debtors | 85,702 | 97,168 | 59,988 | 68,136 | 34,976 | 51,011 |
Creditors | 146,154 | 31,019 | 42,899 | 43,399 | 23,614 | 71,875 |
Accruals and Deferred Income | -54,802 | -10,889 | 65,691 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 893,703 | |||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | -7,680 | -7,624 | ||||
cash flow from financing | -7,680 | -7,624 | ||||
cash and cash equivalents | ||||||
cash | 63,215 | 411,709 | 88,293 | 46,397 | 390,188 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 63,215 | 411,709 | 88,293 | 46,397 | 390,188 | 0 |
ultimore uk ltd Credit Report and Business Information
Ultimore Uk Ltd Competitor Analysis
Perform a competitor analysis for ultimore uk 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 GL50 area or any other competitors across 12 key performance metrics.
ultimore uk ltd Ownership
ULTIMORE UK LTD group structure
Ultimore Uk Ltd has no subsidiary companies.
Ultimate parent company
ULTIMORE UK LTD
10535268
ultimore uk ltd directors
Ultimore Uk Ltd currently has 2 directors. The longest serving directors include Mr Mark Tonks (Dec 2016) and Mr Sony Douer (Jul 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Tonks | England | 53 years | Dec 2016 | - | Director |
Mr Sony Douer | England | 61 years | Jul 2022 | - | Director |
P&L
December 2022turnover
4m
-46%
operating profit
408.9k
0%
gross margin
6.9%
-63.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.3m
+0.09%
total assets
4.7m
+0.11%
cash
999.8k
+0.07%
net assets
Total assets minus all liabilities
ultimore uk ltd company details
company number
10535268
Type
Private limited with Share Capital
industry
46720 - Wholesale of metals and metal ores
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
1 st. margarets road, cheltenham, GL50 4DT
Bank
-
Legal Advisor
-
ultimore uk 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 ultimore uk ltd.
ultimore uk 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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ultimore uk ltd Companies House Filings - See Documents
date | description | view/download |
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