the avocet hardware group limited
the avocet hardware group limited Company Information
Company Number
11056301
Next Accounts
Sep 2025
Industry
Wholesale of hardware, plumbing and heating equipment and supplies
Directors
Shareholders
rythm jain
Group Structure
View All
Contact
Registered Address
brookfoot mills, brookfoot industrial estate, brighouse, west yorkshire, HD6 2RW
Website
midascopemedia.comthe avocet hardware group limited Estimated Valuation
Pomanda estimates the enterprise value of THE AVOCET HARDWARE GROUP LIMITED at £14.6m based on a Turnover of £21m and 0.69x industry multiple (adjusted for size and gross margin).
the avocet hardware group limited Estimated Valuation
Pomanda estimates the enterprise value of THE AVOCET HARDWARE GROUP LIMITED at £9.8m based on an EBITDA of £1.7m and a 5.68x industry multiple (adjusted for size and gross margin).
the avocet hardware group limited Estimated Valuation
Pomanda estimates the enterprise value of THE AVOCET HARDWARE GROUP LIMITED at £6.8m based on Net Assets of £3.1m and 2.18x industry multiple (adjusted for liquidity).
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The Avocet Hardware Group Limited Overview
The Avocet Hardware Group Limited is a live company located in brighouse, HD6 2RW with a Companies House number of 11056301. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in November 2017, it's largest shareholder is rythm jain with a 100% stake. The Avocet Hardware Group Limited is a young, large sized company, Pomanda has estimated its turnover at £21m with unknown growth in recent years.
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The Avocet Hardware Group Limited Health Check
Pomanda's financial health check has awarded The Avocet Hardware Group Limited a 3 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £21m, make it in line with the average company (£19.5m)
£21m - The Avocet Hardware Group Limited
£19.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Avocet Hardware Group Limited
- - Industry AVG
Production
with a gross margin of 24.3%, this company has a comparable cost of product (27.8%)
24.3% - The Avocet Hardware Group Limited
27.8% - Industry AVG
Profitability
an operating margin of 7.4% make it more profitable than the average company (5.6%)
7.4% - The Avocet Hardware Group Limited
5.6% - Industry AVG
Employees
with 94 employees, this is above the industry average (64)
94 - The Avocet Hardware Group Limited
64 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£42.6k)
£34.1k - The Avocet Hardware Group Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £223.6k, this is less efficient (£338k)
£223.6k - The Avocet Hardware Group Limited
£338k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (52 days)
69 days - The Avocet Hardware Group Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (44 days)
77 days - The Avocet Hardware Group Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 242 days, this is more than average (90 days)
242 days - The Avocet Hardware Group Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - The Avocet Hardware Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.8%, this is a higher level of debt than the average (48.9%)
80.8% - The Avocet Hardware Group Limited
48.9% - Industry AVG
THE AVOCET HARDWARE GROUP LIMITED financials
The Avocet Hardware Group Limited's latest turnover from December 2023 is £21 million and the company has net assets of £3.1 million. According to their latest financial statements, The Avocet Hardware Group Limited has 94 employees and maintains cash reserves of £409.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jul 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 21,014,611 | 23,768,349 | 31,229,743 | 0 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 15,911,157 | 18,187,109 | 23,613,347 | 0 | ||
| Gross Profit | 5,103,454 | 5,581,240 | 7,616,396 | 0 | ||
| Admin Expenses | 3,558,954 | 3,960,388 | 6,571,388 | 0 | ||
| Operating Profit | 1,544,500 | 1,620,852 | 1,045,008 | 0 | ||
| Interest Payable | 288,007 | 230,589 | 315,584 | 0 | ||
| Interest Receivable | 3,190 | 0 | 13,345 | 0 | ||
| Pre-Tax Profit | 1,259,683 | 1,390,263 | 742,769 | 0 | ||
| Tax | -137,617 | 2,006 | -228,081 | 0 | ||
| Profit After Tax | 1,122,066 | 1,392,269 | 514,688 | 0 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | ||
| Retained Profit | 1,122,066 | 1,392,269 | 514,688 | 0 | ||
| Employee Costs | 3,205,931 | 3,198,193 | 4,272,816 | 0 | ||
| Number Of Employees | 94 | 87 | 81 | 1 | 2 | |
| EBITDA* | 1,720,475 | 1,790,995 | 1,236,918 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jul 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 140,379 | 221,856 | 240,439 | 0 | 0 | 0 |
| Intangible Assets | 213,601 | 246,042 | 278,483 | 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 | 353,980 | 467,898 | 518,922 | 0 | 0 | 0 |
| Stock & work in progress | 10,555,035 | 11,956,073 | 12,641,362 | 0 | 0 | 0 |
| Trade Debtors | 4,010,660 | 4,065,038 | 4,083,336 | 0 | 0 | 100 |
| Group Debtors | 748,329 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 108,149 | 603,502 | 931,495 | 75,001 | 0 | 0 |
| Cash | 409,786 | 474,812 | 74,575 | 0 | 100 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,831,959 | 17,099,425 | 17,730,768 | 75,001 | 100 | 100 |
| total assets | 16,185,939 | 17,567,323 | 18,249,690 | 75,001 | 100 | 100 |
| Bank overdraft | 4,243,658 | 5,738,875 | 8,486,807 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,358,621 | 3,713,120 | 1,964,239 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,500,000 | 2,813,762 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 2,141,263 | 0 | 0 | 0 |
| hp & lease commitments | 3,096 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,007,817 | 2,358,604 | 4,101,179 | 0 | 0 | 0 |
| total current liabilities | 12,113,192 | 14,624,361 | 16,693,488 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 12,704 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 918,998 | 918,998 | 924,999 | 0 | 0 | 0 |
| provisions | 37,021 | 42,006 | 41,514 | 0 | 0 | 0 |
| total long term liabilities | 968,723 | 961,004 | 966,513 | 0 | 0 | 0 |
| total liabilities | 13,081,915 | 15,585,365 | 17,660,001 | 0 | 0 | 0 |
| net assets | 3,104,024 | 1,981,958 | 589,689 | 75,001 | 100 | 100 |
| total shareholders funds | 3,104,024 | 1,981,958 | 589,689 | 75,001 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jul 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,544,500 | 1,620,852 | 1,045,008 | 0 | ||
| Depreciation | 143,534 | 137,702 | 145,947 | 0 | 0 | 0 |
| Amortisation | 32,441 | 32,441 | 45,963 | 0 | 0 | 0 |
| Tax | -137,617 | 2,006 | -228,081 | 0 | ||
| Stock | -1,401,038 | -685,289 | 12,641,362 | 0 | 0 | 0 |
| Debtors | 198,598 | -346,291 | 4,939,830 | 75,001 | -100 | 100 |
| Creditors | -354,499 | 1,748,881 | 1,964,239 | 0 | 0 | 0 |
| Accruals and Deferred Income | -350,787 | -1,742,575 | 4,101,179 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -4,985 | 492 | 41,514 | 0 | 0 | 0 |
| Cash flow from operations | 2,075,027 | 2,831,379 | -10,465,423 | -75,001 | ||
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | ||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -313,762 | 2,813,762 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -2,141,263 | 2,141,263 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 15,800 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -6,001 | 924,999 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -284,817 | -230,589 | -302,239 | 0 | ||
| cash flow from financing | -582,779 | 435,909 | 2,764,023 | 74,901 | ||
| cash and cash equivalents | ||||||
| cash | -65,026 | 400,237 | 74,575 | -100 | 100 | 0 |
| overdraft | -1,495,217 | -2,747,932 | 8,486,807 | 0 | 0 | 0 |
| change in cash | 1,430,191 | 3,148,169 | -8,412,232 | -100 | 100 | 0 |
the avocet hardware group limited Credit Report and Business Information
The Avocet Hardware Group Limited Competitor Analysis
Perform a competitor analysis for the avocet hardware group limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in HD6 area or any other competitors across 12 key performance metrics.
the avocet hardware group limited Ownership
THE AVOCET HARDWARE GROUP LIMITED group structure
The Avocet Hardware Group Limited has no subsidiary companies.
Ultimate parent company
THE AVOCET HARDWARE GROUP LIMITED
11056301
the avocet hardware group limited directors
The Avocet Hardware Group Limited currently has 1 director, Mrs Rythm Jain serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rythm Jain | England | 44 years | Nov 2017 | - | Director |
P&L
December 2023turnover
21m
-12%
operating profit
1.5m
-5%
gross margin
24.3%
+3.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
+0.57%
total assets
16.2m
-0.08%
cash
409.8k
-0.14%
net assets
Total assets minus all liabilities
the avocet hardware group limited company details
company number
11056301
Type
Private limited with Share Capital
industry
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
November 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
the avocet hardware group limited limited (July 2023)
avocet hardware group ltd (July 2023)
accountant
-
auditor
WALLACE CROOKE & CO
address
brookfoot mills, brookfoot industrial estate, brighouse, west yorkshire, HD6 2RW
Bank
-
Legal Advisor
-
the avocet hardware group 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 found 6 charges/mortgages relating to the avocet hardware group limited. Currently there are 6 open charges and 0 have been satisfied in the past.
the avocet hardware group 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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the avocet hardware group limited Companies House Filings - See Documents
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