boyd brothers (fauldhouse) limited

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boyd brothers (fauldhouse) limited Company Information

Share BOYD BROTHERS (FAULDHOUSE) LIMITED

Company Number

SC080852

Shareholders

glas trust corporation limited (as security agent)

Group Structure

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Industry

Electrical installation

 

Registered Address

2 dunlop court, deans industrial estate, livingston, EH54 8SL

boyd brothers (fauldhouse) limited Estimated Valuation

£956.8k

Pomanda estimates the enterprise value of BOYD BROTHERS (FAULDHOUSE) LIMITED at £956.8k based on a Turnover of £2.8m and 0.34x industry multiple (adjusted for size and gross margin).

boyd brothers (fauldhouse) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BOYD BROTHERS (FAULDHOUSE) LIMITED at £0 based on an EBITDA of £-738k and a 3.58x industry multiple (adjusted for size and gross margin).

boyd brothers (fauldhouse) limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of BOYD BROTHERS (FAULDHOUSE) LIMITED at £3.6m based on Net Assets of £1.5m and 2.45x industry multiple (adjusted for liquidity).

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Boyd Brothers (fauldhouse) Limited Overview

Boyd Brothers (fauldhouse) Limited is a live company located in livingston, EH54 8SL with a Companies House number of SC080852. It operates in the electrical installation sector, SIC Code 43210. Founded in November 1982, it's largest shareholder is glas trust corporation limited (as security agent) with a 100% stake. Boyd Brothers (fauldhouse) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with high growth in recent years.

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Boyd Brothers (fauldhouse) Limited Health Check

Pomanda's financial health check has awarded Boyd Brothers (Fauldhouse) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £2.8m, make it smaller than the average company (£3.7m)

£2.8m - Boyd Brothers (fauldhouse) Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (9.3%)

22% - Boyd Brothers (fauldhouse) Limited

9.3% - Industry AVG

production

Production

with a gross margin of 16%, this company has a higher cost of product (25.4%)

16% - Boyd Brothers (fauldhouse) Limited

25.4% - Industry AVG

profitability

Profitability

an operating margin of -28.5% make it less profitable than the average company (6.5%)

-28.5% - Boyd Brothers (fauldhouse) Limited

6.5% - Industry AVG

employees

Employees

with 32 employees, this is above the industry average (26)

32 - Boyd Brothers (fauldhouse) Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£45.5k)

£38.2k - Boyd Brothers (fauldhouse) Limited

£45.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.7k, this is less efficient (£154.8k)

£88.7k - Boyd Brothers (fauldhouse) Limited

£154.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is near the average (57 days)

60 days - Boyd Brothers (fauldhouse) Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (41 days)

28 days - Boyd Brothers (fauldhouse) Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Boyd Brothers (fauldhouse) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)

2 weeks - Boyd Brothers (fauldhouse) Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (58.6%)

35.7% - Boyd Brothers (fauldhouse) Limited

58.6% - Industry AVG

BOYD BROTHERS (FAULDHOUSE) LIMITED financials

EXPORTms excel logo

Boyd Brothers (Fauldhouse) Limited's latest turnover from December 2023 is £2.8 million and the company has net assets of £1.5 million. According to their latest financial statements, Boyd Brothers (Fauldhouse) Limited has 32 employees and maintains cash reserves of £46 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover2,838,0005,559,0002,842,1034,789,9541,555,2301,517,0511,461,609887,623676,739862,895698,874768,942516,883458,867507,898
Other Income Or Grants
Cost Of Sales2,383,0003,314,0001,715,7292,585,7571,297,0631,246,1501,199,657726,328549,337703,078573,051617,164416,014356,469392,162
Gross Profit455,0002,245,0001,126,3742,204,197258,167270,902261,951161,294127,402159,817125,823151,778100,869102,397115,737
Admin Expenses1,264,0001,376,000722,365755,323-79,447256,563154,401157,979151,155128,407124,509152,38885,951105,871123,009
Operating Profit-809,000869,000404,0091,448,874337,61414,339107,5503,315-23,75331,4101,314-61014,918-3,474-7,272
Interest Payable1,00010,0003,9226,2873,7675,2884,3653,6011,850
Interest Receivable9116415515176111491148116
Pre-Tax Profit-810,000859,000400,1781,442,751334,0029,051103,336-210-25,60331,4111,315-56115,032-3,393-7,256
Tax133,000-186,000-41,518-275,774-63,460-1,720-19,634-6,282-276-3,608
Profit After Tax-677,000673,000358,6601,166,977270,5427,33183,702-210-25,60325,1291,039-56111,424-3,393-7,256
Dividends Paid36,000
Retained Profit-677,000637,000358,6601,166,977270,5427,33183,702-210-25,60325,1291,039-56111,424-3,393-7,256
Employee Costs1,221,0001,386,0001,376,8941,193,6551,175,0281,179,8601,031,796796,873633,693159,859114,055148,076111,205107,551108,461
Number Of Employees323733302929262016434333
EBITDA*-738,0001,025,000446,2541,448,874376,86167,201130,03432,087-5,44743,38710,0685,32419,400786-3,832

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets98,000285,452256,896198,921190,22890,425112,90985,12169,20966,70649,05746,44147,17239,172
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets98,000285,452256,896198,921190,22890,425112,90985,12169,20966,70649,05746,44147,17239,172
Stock & work in progress7,5007,500107,500129,214102,54878,62485,68558,61259,500115,00097,00073,63077,227
Trade Debtors467,0001,126,000737,2531,010,187470,481428,306454,860154,27185,595196,179152,764134,11925,51342,95364,004
Group Debtors1,778,0001,090,000
Misc Debtors204,000141,468343,28027,16539,050115,80187,29661,056
Cash46,000504,000925,389595,199310,18660,48629510323419,31326,0946,426
misc current assets
total current assets2,291,0002,924,0001,811,6101,956,166888,167557,520557,408320,546210,330255,086212,367249,353257,627229,973208,713
total assets2,291,0003,022,0002,097,0622,213,0621,087,088747,748647,833433,455295,451324,295279,073298,410304,068277,145247,885
Bank overdraft42,85832,43122,68556,936
Bank loan
Trade Creditors 188,000435,000166,322440,889185,683183,786185,706222,027127,236266,464242,710286,074287,106267,599245,041
Group/Directors Accounts558,000180,000
other short term finances
hp & lease commitments10,00035,77073,92155,68954,52721,31034,00418,6053,2523,252
other current liabilities72,000230,000339,771305,680332,957218,568248,93359,48259,451
total current liabilities818,000855,000541,863820,490617,187489,312478,634315,513262,228266,464242,710286,074290,358270,851245,041
loans48,22053,35758,280
hp & lease commitments2,00015,32835,16067,83778,69411,75633,06711,9768134,065
Accruals and Deferred Income
other liabilities14,16318,325
provisions15,00027,29033,99129,82029,8209,71515,92610,3687,1866,6852,0222,0222,778
total long term liabilities17,00042,61869,15197,657156,73474,828107,27322,34421,34925,0102,0222,8356,843
total liabilities818,000872,000584,481889,641714,844646,046553,462422,786284,572287,813267,720288,096293,193277,694245,041
net assets1,473,0002,150,0001,512,5811,323,421372,244101,70294,37110,66910,87936,48211,35310,31410,875-5492,844
total shareholders funds1,473,0002,150,0001,512,5811,323,421372,244101,70294,37110,66910,87936,48211,35310,31410,875-5492,844
Dec 2023Dec 2022Dec 2021Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-809,000869,000404,0091,448,874337,61414,339107,5503,315-23,75331,4101,314-61014,918-3,474-7,272
Depreciation71,000156,00042,24539,24752,86222,48428,77218,30611,9778,7545,9344,4824,2603,440
Amortisation
Tax133,000-186,000-41,518-275,774-63,460-1,720-19,634-6,282-276-3,608
Stock-7,500-100,000-100,000-21,71426,66623,924-7,06127,073-888-55,50018,00023,370-3,59777,227
Debtors-175,0001,541,279408,240882,98642,175-26,554273,42456,791-71,53443,41518,645-7,19511,0655,189125,060
Creditors-247,000268,678-19,361255,2061,897-1,920-36,32194,791-139,22823,754-43,364-1,03219,50722,558245,041
Accruals and Deferred Income-158,000-109,7716,814-27,277114,389-30,365189,4513159,451
Deferred Taxes & Provisions-15,000-12,290-2,5304,17120,105-6,2115,5583,1825014,663-7562,778
Cash flow from operations-850,000-548,16281,419622,214409,22653,189-40,02982,737-37,58118,8337,946-6,51310824,53038,922
Investing Activities
capital expenditure27,00031,452-128,776-57,975-47,940-152,665-56,560-34,218-14,480-26,403-8,550-3,751-12,260-42,612
Change in Investments
cash flow from investments27,00031,452-128,776-57,975-47,940-152,665-56,560-34,218-14,480-26,403-8,550-3,751-12,260-42,612
Financing Activities
Bank loans
Group/Directors Accounts378,000180,000
Other Short Term Loans
Long term loans-48,220-5,137-4,92358,280
Hire Purchase and Lease Commitments-12,000-39,098-72,428-14,445-9,695100,155-34,00536,49030,581-4,065-3,2527,317
other long term liabilities-14,163-4,16218,325
share issue419781,677-215,80010,100
interest-1,000-10,000-3,831-6,123-3,612-5,288-4,214-3,525-1,84911491148116
cash flow from financing365,000131,321705,418-236,368-61,52789,730-43,14291,24514,569-4,16118,326-4,016-3,1387,39810,116
cash and cash equivalents
cash-458,000-421,389615,203285,013310,186-60,48660,486-295192-131-19,079-6,78119,6686,426
overdraft-42,858-42,85810,4279,74622,685-56,93656,936
change in cash-458,000-421,389658,061327,871299,759-9,746-83,171117,422-57,231192-131-19,079-6,78119,6686,426

boyd brothers (fauldhouse) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Boyd Brothers (fauldhouse) Limited Competitor Analysis

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Perform a competitor analysis for boyd brothers (fauldhouse) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EH54 area or any other competitors across 12 key performance metrics.

boyd brothers (fauldhouse) limited Ownership

BOYD BROTHERS (FAULDHOUSE) LIMITED group structure

Boyd Brothers (Fauldhouse) Limited has no subsidiary companies.

Ultimate parent company

INFLEXION BUYOUT V INVESTMENTS LP

#0114100

2 parents

BOYD BROTHERS (FAULDHOUSE) LIMITED

SC080852

BOYD BROTHERS (FAULDHOUSE) LIMITED Shareholders

glas trust corporation limited (as security agent) 100%

boyd brothers (fauldhouse) limited directors

Boyd Brothers (Fauldhouse) Limited currently has 4 directors. The longest serving directors include Mr Sebastian Lomax (Mar 2022) and Mr James Reeves (May 2022).

officercountryagestartendrole
Mr Sebastian LomaxUnited Kingdom45 years Mar 2022- Director
Mr James ReevesUnited Kingdom49 years May 2022- Director
Mr Walter RoweEngland43 years Jun 2023- Director
Mr John BrehenyEngland43 years Jan 2025- Director

P&L

December 2023

turnover

2.8m

-49%

operating profit

-809k

-193%

gross margin

16.1%

-60.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.5m

-0.31%

total assets

2.3m

-0.24%

cash

46k

-0.91%

net assets

Total assets minus all liabilities

boyd brothers (fauldhouse) limited company details

company number

SC080852

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

November 1982

age

43

incorporated

UK

ultimate parent company

INFLEXION BUYOUT V INVESTMENTS LP

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

2 dunlop court, deans industrial estate, livingston, EH54 8SL

Bank

HSBC BANK PLC

Legal Advisor

-

boyd brothers (fauldhouse) 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 boyd brothers (fauldhouse) limited. Currently there are 4 open charges and 2 have been satisfied in the past.

boyd brothers (fauldhouse) 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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boyd brothers (fauldhouse) limited Companies House Filings - See Documents

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