yeti tool ltd
yeti tool ltd Company Information
Company Number
11310906
Website
www.yetitool.comRegistered Address
seneca house/links point, amy johnson way, blackpool, lancashire, FY4 2FF
Industry
Manufacture of other machine tools
Telephone
441275217060
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
edward anthony sells 29.7%
andrew james mclaren 27.3%
View Allyeti tool ltd Estimated Valuation
Pomanda estimates the enterprise value of YETI TOOL LTD at £966.3k based on a Turnover of £2m and 0.48x industry multiple (adjusted for size and gross margin).
yeti tool ltd Estimated Valuation
Pomanda estimates the enterprise value of YETI TOOL LTD at £0 based on an EBITDA of £-35k and a 3.71x industry multiple (adjusted for size and gross margin).
yeti tool ltd Estimated Valuation
Pomanda estimates the enterprise value of YETI TOOL LTD at £213.8k based on Net Assets of £97.4k and 2.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Yeti Tool Ltd Overview
Yeti Tool Ltd is a live company located in blackpool, FY4 2FF with a Companies House number of 11310906. It operates in the manufacture of other machine tools sector, SIC Code 28490. Founded in April 2018, it's largest shareholder is edward anthony sells with a 29.6% stake. Yeti Tool Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Yeti Tool Ltd Health Check
Pomanda's financial health check has awarded Yeti Tool Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £2m, make it smaller than the average company (£11.1m)
- Yeti Tool Ltd
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.9%)
- Yeti Tool Ltd
5.9% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (33.1%)
- Yeti Tool Ltd
33.1% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (4.1%)
- Yeti Tool Ltd
4.1% - Industry AVG
Employees
with 28 employees, this is below the industry average (51)
28 - Yeti Tool Ltd
51 - Industry AVG
Pay Structure
on an average salary of £55.5k, the company has an equivalent pay structure (£55.5k)
- Yeti Tool Ltd
£55.5k - Industry AVG
Efficiency
resulting in sales per employee of £71.4k, this is less efficient (£245.1k)
- Yeti Tool Ltd
£245.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (43 days)
- Yeti Tool Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (52 days)
- Yeti Tool Ltd
52 days - Industry AVG
Stock Days
it holds stock equivalent to 87 days, this is in line with average (97 days)
- Yeti Tool Ltd
97 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (15 weeks)
11 weeks - Yeti Tool Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.2%, this is a higher level of debt than the average (44.9%)
87.2% - Yeti Tool Ltd
44.9% - Industry AVG
YETI TOOL LTD financials
Yeti Tool Ltd's latest turnover from April 2024 is estimated at £2 million and the company has net assets of £97.4 thousand. According to their latest financial statements, Yeti Tool Ltd has 28 employees and maintains cash reserves of £85.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| 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 | 28 | 28 | 22 | 20 | 20 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 18,531 | 14,486 | 19,086 | 23,837 | 13,774 | 13,036 |
| Intangible Assets | 4,639 | 5,575 | 6,512 | 7,449 | 7,839 | 2,956 |
| Investments & Other | 1 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,171 | 20,061 | 25,598 | 31,286 | 21,613 | 15,992 |
| Stock & work in progress | 354,195 | 272,549 | 303,756 | 202,674 | 97,687 | 6,205 |
| Trade Debtors | 299,738 | 502,461 | 478,677 | 292,446 | 101,281 | 22,360 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 85,062 | 22,291 | 20,097 | 13,797 | 15 | 31,422 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 738,995 | 797,301 | 802,530 | 508,917 | 198,983 | 59,987 |
| total assets | 762,166 | 817,362 | 828,128 | 540,203 | 220,596 | 75,979 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 370,117 | 475,550 | 557,906 | 282,195 | 132,964 | 9,792 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 370,117 | 475,550 | 557,906 | 282,195 | 132,964 | 9,792 |
| 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 | 294,681 | 204,681 | 234,681 | 264,681 | 144,581 | 82,287 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 294,681 | 204,681 | 234,681 | 264,681 | 144,581 | 82,287 |
| total liabilities | 664,798 | 680,231 | 792,587 | 546,876 | 277,545 | 92,079 |
| net assets | 97,368 | 137,131 | 35,541 | -6,673 | -56,949 | -16,100 |
| total shareholders funds | 97,368 | 137,131 | 35,541 | -6,673 | -56,949 | -16,100 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 6,479 | 6,690 | 7,574 | 7,629 | 7,629 | 2,412 |
| Amortisation | 936 | 937 | 937 | 935 | 935 | 272 |
| Tax | ||||||
| Stock | 81,646 | -31,207 | 101,082 | 104,987 | 91,482 | 6,205 |
| Debtors | -202,723 | 23,784 | 186,231 | 191,165 | 78,921 | 22,360 |
| Creditors | -105,433 | -82,356 | 275,711 | 149,231 | 123,172 | 9,792 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 1 | 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 | 90,000 | -30,000 | -30,000 | 120,100 | 62,294 | 82,287 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 62,771 | 2,194 | 6,300 | 13,782 | -31,407 | 31,422 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 62,771 | 2,194 | 6,300 | 13,782 | -31,407 | 31,422 |
yeti tool ltd Credit Report and Business Information
Yeti Tool Ltd Competitor Analysis
Perform a competitor analysis for yeti tool ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in FY4 area or any other competitors across 12 key performance metrics.
yeti tool ltd Ownership
YETI TOOL LTD group structure
Yeti Tool Ltd has no subsidiary companies.
Ultimate parent company
YETI TOOL LTD
11310906
yeti tool ltd directors
Yeti Tool Ltd currently has 3 directors. The longest serving directors include Dr Edward Sells (Apr 2018) and Mr Andrew McLaren (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Edward Sells | England | 43 years | Apr 2018 | - | Director |
| Mr Andrew McLaren | England | 54 years | Apr 2018 | - | Director |
| Mr David Jarvis | 57 years | Jan 2019 | - | Director |
P&L
April 2024turnover
2m
+3%
operating profit
-42.4k
0%
gross margin
26.4%
+0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
97.4k
-0.29%
total assets
762.2k
-0.07%
cash
85.1k
+2.82%
net assets
Total assets minus all liabilities
yeti tool ltd company details
company number
11310906
Type
Private limited with Share Capital
industry
28490 - Manufacture of other machine tools
incorporation date
April 2018
age
6
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
April 2024
address
seneca house/links point, amy johnson way, blackpool, lancashire, FY4 2FF
accountant
MCMANUS WILLIAMS KGG LIMITED
auditor
-
yeti tool 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 found 2 charges/mortgages relating to yeti tool ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
yeti tool ltd Companies House Filings - See Documents
| date | description | view/download |
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