Wholesale of wood, construction materials and sanitary equipment
+2
Registered Address
tibbetts house beaumont road, banbury, OX16 1RH
Website
-
tibbetts holdings limitedEstimated Valuation
£53.2m
Pomanda estimates the enterprise value of TIBBETTS HOLDINGS LIMITED at £53.2m based on a Turnover of £46.2m and 1.15x industry multiple (adjusted for size and gross margin).
tibbetts holdings limitedEstimated Valuation
£53.6m
Pomanda estimates the enterprise value of TIBBETTS HOLDINGS LIMITED at £53.6m based on an EBITDA of £6.1m and a 8.76x industry multiple (adjusted for size and gross margin).
tibbetts holdings limitedEstimated Valuation
£52.7m
Pomanda estimates the enterprise value of TIBBETTS HOLDINGS LIMITED at £52.7m based on Net Assets of £27.6m and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tibbetts Holdings LimitedOverview
Tibbetts Holdings Limited is a live company located in banbury, OX16 1RH with a Companies House number of 13836711. It operates in the activities of distribution holding companies sector, SIC Code 64204. Founded in January 2022, it's largest shareholder is
horace tibbetts
with a 51% stake. Tibbetts Holdings Limited is a startup,
large sized company, Pomanda has estimated its turnover at
£46.2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Tibbetts Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
2 Weak
Size
annual sales of £46.2m, make it larger than the average company (£19.5m)
£46.2m - Tibbetts Holdings Limited
£19.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Tibbetts Holdings Limited
- - Industry AVG
Production
with a gross margin of 32.3%, this company has a lower cost of product (26.8%)
32.3% - Tibbetts Holdings Limited
26.8% - Industry AVG
Profitability
an operating margin of 11.5% make it more profitable than the average company (4.7%)
11.5% - Tibbetts Holdings Limited
4.7% - Industry AVG
Employees
with 141 employees, this is above the industry average (60)
141 - Tibbetts Holdings Limited
60 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£41.3k)
£39.3k - Tibbetts Holdings Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £327.5k, this is equally as efficient (£323.8k)
£327.5k - Tibbetts Holdings Limited
£323.8k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (49 days)
77 days - Tibbetts Holdings Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (41 days)
71 days - Tibbetts Holdings Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 121 days, this is more than average (74 days)
121 days - Tibbetts Holdings Limited
74 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 30 weeks, this is more cash available to meet short term requirements (12 weeks)
30 weeks - Tibbetts Holdings Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (51.4%)
36.6% - Tibbetts Holdings Limited
51.4% - Industry AVG
TIBBETTS HOLDINGS LIMITED financials
EXPORT
Tibbetts Holdings Limited's latest turnover from April 2024 is £46.2 million and the company has net assets of £27.6 million. According to their latest financial statements, Tibbetts Holdings Limited has 141 employees and maintains cash reserves of £6.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Turnover
46,184,205
47,127,940
50,108,964
Other Income Or Grants
Cost Of Sales
31,249,928
32,204,610
36,423,745
Gross Profit
14,934,277
14,923,330
13,685,219
Admin Expenses
9,612,149
8,692,932
8,008,232
Operating Profit
5,322,128
6,230,398
5,676,987
Interest Payable
220,150
577,512
75,528
Interest Receivable
586,628
4,730
272,183
Pre-Tax Profit
5,933,002
5,657,616
5,873,642
Tax
-1,504,628
-1,389,701
-1,172,050
Profit After Tax
4,428,374
4,267,915
4,701,592
Dividends Paid
2,390,000
2,640,000
2,140,000
Retained Profit
2,038,374
1,627,915
2,561,592
Employee Costs
5,538,345
5,090,201
4,770,557
Number Of Employees
141
140
137
EBITDA*
6,117,125
7,077,766
6,310,076
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Tangible Assets
12,015,437
12,182,580
12,082,084
Intangible Assets
2,039,236
1,425,498
1,843,951
Investments & Other
1,590,000
490,000
490,000
Debtors (Due After 1 year)
Total Fixed Assets
15,644,673
14,098,078
14,416,035
Stock & work in progress
10,371,841
11,256,113
9,321,112
Trade Debtors
9,782,610
8,840,974
10,857,705
Group Debtors
Misc Debtors
855,859
512,740
441,312
Cash
6,773,487
5,558,613
2,401,533
misc current assets
total current assets
27,783,797
26,168,440
23,021,662
total assets
43,428,470
40,266,518
37,437,697
Bank overdraft
Bank loan
315,254
320,458
289,060
Trade Creditors
6,099,235
5,155,472
5,497,630
Group/Directors Accounts
other short term finances
45,019
486,800
47,103
hp & lease commitments
other current liabilities
5,083,014
4,178,827
3,685,464
total current liabilities
11,542,522
10,141,557
9,519,257
loans
2,820,980
3,128,810
2,690,228
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,514,443
1,484,000
1,358,000
total long term liabilities
4,335,423
4,612,810
4,048,228
total liabilities
15,877,945
14,754,367
13,567,485
net assets
27,550,525
25,512,151
23,870,212
total shareholders funds
27,550,525
25,512,151
23,870,212
Apr 2024
Apr 2023
Apr 2022
Operating Activities
Operating Profit
5,322,128
6,230,398
5,676,987
Depreciation
480,265
428,915
330,189
Amortisation
314,732
418,453
302,900
Tax
-1,504,628
-1,389,701
-1,172,050
Stock
-884,272
1,935,001
9,321,112
Debtors
1,284,755
-1,945,303
11,299,017
Creditors
943,763
-342,158
5,497,630
Accruals and Deferred Income
904,187
493,363
3,685,464
Deferred Taxes & Provisions
30,443
126,000
1,358,000
Cash flow from operations
6,090,407
5,975,572
-4,941,009
Investing Activities
capital expenditure
Change in Investments
1,100,000
490,000
cash flow from investments
-1,100,000
-490,000
Financing Activities
Bank loans
-5,204
31,398
289,060
Group/Directors Accounts
Other Short Term Loans
-441,781
439,697
47,103
Long term loans
-307,830
438,582
2,690,228
Hire Purchase and Lease Commitments
other long term liabilities
share issue
14,024
21,308,620
interest
366,478
-572,782
196,655
cash flow from financing
-388,337
350,919
24,531,666
cash and cash equivalents
cash
1,214,874
3,157,080
2,401,533
overdraft
change in cash
1,214,874
3,157,080
2,401,533
tibbetts holdings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tibbetts holdings limited. Get real-time insights into tibbetts holdings limited's credit score, group structure and payment trends.
Perform a competitor analysis for tibbetts holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in OX16 area or any other competitors across 12 key performance metrics.
tibbetts holdings limited Ownership
TIBBETTS HOLDINGS LIMITED group structure
Tibbetts Holdings Limited has 2 subsidiary companies.
The largest shareholders in Tibbetts Holdings Limited include Horace Tibbetts and Jonathan Philip Tibbetts.
horace tibbetts
51%
jonathan philip tibbetts
28%
patricia tibbetts
15%
lucia tibbetts
2%
mark tibbetts
2%
lauren tibbetts
2%
tibbetts holdings limited directors
Tibbetts Holdings Limited currently has 4 directors.
The longest serving directors include
Mr Stephen Wilkinson (Jan 2022) and
Mr Horace Tibbetts (Jan 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
27.6m
+0.08%
total assets
43.4m
+0.08%
cash
6.8m
+0.22%
net assets
Total assets minus all liabilities
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tibbetts holdings limited company details
company number
13836711
Type
Private limited with Share Capital
industry
64204 - Activities of distribution holding companies
46730 - Wholesale of wood, construction materials and sanitary equipment
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
January 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
SHAW GIBBS (AUDIT) LIMITED
address
tibbetts house beaumont road, banbury, OX16 1RH
Bank
-
Legal Advisor
-
tibbetts holdings 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 1 charges/mortgages relating to tibbetts holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
tibbetts holdings 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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tibbetts holdings limitedCompanies House Filings - See Documents
