andrews holdings limited
andrews holdings limited Company Information
Company Number
NI020295
Website
http://andrewsflour.comRegistered Address
c/o keenan cf, 10th floor victoria house, belfast, antrim, BT1 4LS
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
02890322451
Next Accounts Due
2660 days late
Group Structure
View All
Directors
Peter Burnett8 Years
Shareholders
michael andrew dawson moreland 35.8%
barbara leslie upton 30.7%
View Allandrews holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREWS HOLDINGS LIMITED at £48.4m based on a Turnover of £32.9m and 1.47x industry multiple (adjusted for size and gross margin).
andrews holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREWS HOLDINGS LIMITED at £4.8m based on an EBITDA of £847k and a 5.63x industry multiple (adjusted for size and gross margin).
andrews holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREWS HOLDINGS LIMITED at £19.6m based on Net Assets of £10.5m and 1.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Andrews Holdings Limited Overview
Andrews Holdings Limited is a live company located in belfast, BT1 4LS with a Companies House number of NI020295. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 1987, it's largest shareholder is michael andrew dawson moreland with a 35.8% stake. Andrews Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Andrews Holdings Limited Health Check
Pomanda's financial health check has awarded Andrews Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £32.9m, make it larger than the average company (£12.4m)
£32.9m - Andrews Holdings Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.9%)
-15% - Andrews Holdings Limited
4.9% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (31.9%)
12.7% - Andrews Holdings Limited
31.9% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6%)
0.7% - Andrews Holdings Limited
6% - Industry AVG
Employees
with 119 employees, this is above the industry average (93)
119 - Andrews Holdings Limited
93 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£32.9k)
£31.5k - Andrews Holdings Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £276.3k, this is more efficient (£152.8k)
£276.3k - Andrews Holdings Limited
£152.8k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (48 days)
48 days - Andrews Holdings Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (46 days)
35 days - Andrews Holdings Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is more than average (36 days)
45 days - Andrews Holdings Limited
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (13 weeks)
19 weeks - Andrews Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (66.8%)
34.8% - Andrews Holdings Limited
66.8% - Industry AVG
ANDREWS HOLDINGS LIMITED financials
Andrews Holdings Limited's latest turnover from September 2015 is £32.9 million and the company has net assets of £10.5 million. According to their latest financial statements, Andrews Holdings Limited has 119 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2015 | Sep 2014 | Sep 2013 | Mar 2013 | Mar 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|
| Turnover | 32,876,000 | 36,563,000 | 21,747,000 | 38,304,000 | 54,074,000 | 31,442,000 | 32,285,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 28,701,000 | 31,656,000 | 19,563,000 | 34,362,000 | 48,365,000 | 27,298,000 | 28,187,000 |
| Gross Profit | 4,175,000 | 4,907,000 | 2,184,000 | 3,942,000 | 5,709,000 | 4,144,000 | 4,098,000 |
| Admin Expenses | 3,936,000 | 3,680,000 | 1,965,000 | 4,619,000 | 7,525,000 | 3,867,000 | 3,747,000 |
| Operating Profit | 239,000 | 1,227,000 | 219,000 | -677,000 | -1,816,000 | 277,000 | 351,000 |
| Interest Payable | 179,000 | 200,000 | 218,000 | 434,000 | 303,000 | 134,000 | 2,718,000 |
| Interest Receivable | 23,000 | 26,000 | 18,000 | 50,000 | 111,000 | 52,000 | 2,297,000 |
| Pre-Tax Profit | 81,000 | 1,049,000 | 17,000 | -1,061,000 | -2,009,000 | 1,074,000 | 336,000 |
| Tax | -84,000 | -181,000 | -42,000 | 9,000 | 160,000 | -357,000 | -220,000 |
| Profit After Tax | -3,000 | 868,000 | -25,000 | -1,052,000 | -1,849,000 | 717,000 | 116,000 |
| Dividends Paid | 328,000 | 0 | 0 | 0 | 0 | 172,000 | 172,000 |
| Retained Profit | -435,000 | 784,000 | -63,000 | -1,045,000 | -1,920,000 | 495,000 | -177,000 |
| Employee Costs | 3,743,000 | 3,919,000 | 1,909,000 | 4,368,000 | 7,109,000 | 4,136,000 | 3,534,000 |
| Number Of Employees | 119 | 129 | 122 | 124 | 128 | 124 | 142 |
| EBITDA* | 847,000 | 1,839,000 | 522,000 | -141,000 | -1,071,000 | 660,000 | 769,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2015 | Sep 2014 | Sep 2013 | Mar 2013 | Mar 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,277,000 | 4,864,000 | 5,159,000 | 5,383,000 | 4,579,000 | 4,433,000 | 4,539,000 |
| Intangible Assets | 364,000 | 406,000 | 449,000 | 470,000 | 520,000 | 584,000 | 627,000 |
| Investments & Other | 310,000 | 270,000 | 300,000 | 408,000 | 398,000 | 519,000 | 2,413,000 |
| Debtors (Due After 1 year) | 0 | 25,000 | 79,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,951,000 | 5,565,000 | 5,987,000 | 6,261,000 | 5,497,000 | 5,536,000 | 7,579,000 |
| Stock & work in progress | 3,545,000 | 4,278,000 | 4,268,000 | 5,269,000 | 3,707,000 | 4,723,000 | 4,797,000 |
| Trade Debtors | 4,349,000 | 5,049,000 | 5,909,000 | 5,841,000 | 4,570,000 | 4,572,000 | 4,064,000 |
| Group Debtors | 8,000 | 81,000 | 0 | 0 | 0 | 0 | 279,000 |
| Misc Debtors | 2,434,000 | 2,041,000 | 2,181,000 | 2,665,000 | 2,780,000 | 2,269,000 | 2,434,000 |
| Cash | 3,169,000 | 2,670,000 | 2,431,000 | 2,002,000 | 3,102,000 | 4,694,000 | 1,588,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,505,000 | 14,119,000 | 14,789,000 | 15,777,000 | 14,159,000 | 16,258,000 | 13,162,000 |
| total assets | 26,456,000 | 19,684,000 | 20,776,000 | 22,038,000 | 19,656,000 | 21,794,000 | 20,741,000 |
| Bank overdraft | 3,046,000 | 3,636,000 | 4,354,000 | 6,286,000 | 4,360,000 | 3,600,000 | 2,960,000 |
| Bank loan | 165,000 | 100,000 | 90,000 | 0 | 0 | 200,000 | 340,000 |
| Trade Creditors | 2,830,000 | 2,840,000 | 3,403,000 | 2,664,000 | 1,652,000 | 1,808,000 | 1,703,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 35,000 | 121,000 | 203,000 | 73,000 | 93,000 | 26,000 | 17,000 |
| other current liabilities | 2,223,000 | 2,094,000 | 2,211,000 | 2,816,000 | 2,354,000 | 2,119,000 | 1,913,000 |
| total current liabilities | 8,299,000 | 8,791,000 | 10,261,000 | 11,839,000 | 8,459,000 | 7,753,000 | 6,933,000 |
| loans | 183,000 | 283,000 | 392,000 | 0 | 0 | 450,000 | 650,000 |
| hp & lease commitments | 47,000 | 79,000 | 124,000 | 110,000 | 190,000 | 53,000 | 36,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 676,000 | 919,000 | 851,000 | 817,000 | 826,000 | 1,012,000 | 932,000 |
| total long term liabilities | 906,000 | 1,281,000 | 1,367,000 | 927,000 | 1,016,000 | 1,515,000 | 2,021,000 |
| total liabilities | 9,205,000 | 10,072,000 | 11,628,000 | 12,766,000 | 9,475,000 | 9,268,000 | 8,954,000 |
| net assets | 10,496,000 | 6,856,000 | 6,286,000 | 6,401,000 | 7,371,000 | 9,438,000 | 8,647,000 |
| total shareholders funds | 10,496,000 | 6,856,000 | 6,286,000 | 6,401,000 | 7,371,000 | 9,438,000 | 8,647,000 |
| Sep 2015 | Sep 2014 | Sep 2013 | Mar 2013 | Mar 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 239,000 | 1,227,000 | 219,000 | -677,000 | -1,816,000 | 277,000 | 351,000 |
| Depreciation | 566,000 | 569,000 | 282,000 | 486,000 | 681,000 | 340,000 | 364,000 |
| Amortisation | 42,000 | 43,000 | 21,000 | 50,000 | 64,000 | 43,000 | 54,000 |
| Tax | -84,000 | -181,000 | -42,000 | 9,000 | 160,000 | -357,000 | -220,000 |
| Stock | -733,000 | 10,000 | 561,000 | 1,562,000 | 3,707,000 | -74,000 | 4,797,000 |
| Debtors | -405,000 | -973,000 | 819,000 | 1,156,000 | 7,350,000 | 64,000 | 6,777,000 |
| Creditors | -10,000 | -563,000 | 1,751,000 | 1,012,000 | 1,652,000 | 105,000 | 1,703,000 |
| Accruals and Deferred Income | 129,000 | -117,000 | -143,000 | 462,000 | 2,354,000 | 206,000 | 1,913,000 |
| Deferred Taxes & Provisions | -243,000 | 68,000 | 25,000 | -9,000 | 826,000 | 80,000 | 932,000 |
| Cash flow from operations | 1,777,000 | 2,009,000 | 733,000 | -1,385,000 | -7,136,000 | 704,000 | -6,477,000 |
| Investing Activities | |||||||
| capital expenditure | 16,000 | -360,000 | 9,000 | -1,227,000 | -655,000 | 2,354,000 | -300,000 |
| Change in Investments | 40,000 | -30,000 | -98,000 | 10,000 | 398,000 | -1,894,000 | 2,413,000 |
| cash flow from investments | -24,000 | -330,000 | 107,000 | -1,237,000 | -1,053,000 | 4,248,000 | -2,713,000 |
| Financing Activities | |||||||
| Bank loans | 65,000 | 10,000 | 90,000 | 0 | 0 | -140,000 | 340,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -100,000 | -109,000 | 392,000 | 0 | 0 | -200,000 | 650,000 |
| Hire Purchase and Lease Commitments | -118,000 | -127,000 | 44,000 | -100,000 | 283,000 | 26,000 | 53,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -156,000 | -174,000 | -200,000 | -384,000 | -192,000 | -82,000 | -421,000 |
| cash flow from financing | 3,766,000 | -614,000 | -696,000 | -409,000 | 9,382,000 | -100,000 | 9,446,000 |
| cash and cash equivalents | |||||||
| cash | 499,000 | 239,000 | -671,000 | -1,100,000 | 3,102,000 | 3,106,000 | 1,588,000 |
| overdraft | -590,000 | -718,000 | -6,000 | 1,926,000 | 4,360,000 | 640,000 | 2,960,000 |
| change in cash | 1,089,000 | 957,000 | -665,000 | -3,026,000 | -1,258,000 | 2,466,000 | -1,372,000 |
andrews holdings limited Credit Report and Business Information
Andrews Holdings Limited Competitor Analysis
Perform a competitor analysis for andrews holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in BT1 area or any other competitors across 12 key performance metrics.
andrews holdings limited Ownership
ANDREWS HOLDINGS LIMITED group structure
Andrews Holdings Limited has 1 subsidiary company.
Ultimate parent company
ANDREWS HOLDINGS LIMITED
NI020295
1 subsidiary
andrews holdings limited directors
Andrews Holdings Limited currently has 1 director, Dr Peter Burnett serving since Jun 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Peter Burnett | Northern Ireland | 64 years | Jun 2016 | - | Director |
P&L
September 2015turnover
32.9m
-10%
operating profit
239k
-81%
gross margin
12.7%
-5.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2015net assets
10.5m
+0.53%
total assets
26.5m
+0.34%
cash
3.2m
+0.19%
net assets
Total assets minus all liabilities
andrews holdings limited company details
company number
NI020295
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 1987
age
37
incorporated
UK
accounts
Group
ultimate parent company
previous names
andrews milling limited (January 2000)
andrews milling limited (January 1950)
last accounts submitted
September 2015
address
c/o keenan cf, 10th floor victoria house, belfast, antrim, BT1 4LS
accountant
-
auditor
-
andrews 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 did not find charges/mortgages relating to andrews holdings limited.
andrews holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
