Needlers

We’re proud to be the UK’s leading supplier of PPE, safety and hygiene products to the food manufacturing industry. With customers of all sizes in almost every food sector, our success is based on exceptional customer service, a tailored supply chain and an extensive, well priced product list. Product Range Our ranges continually evolve. We stock the biggest brands in the business, including Kimberly-Clark, Vikan, Dunlop, 3M and Honeywell. We have also developed our own product ranges which include our own label Reldeen; a practical value range of gloves, earplugs and footwear and Pro-Fit; a quality line of products which are ‘better by design’. Over the next year we will be extending both these ranges and bringing our customers even more tailored product solutions. We go to great lengths to quality monitor all of our products, some of which are sourced from the UK, and some from Europe and the Far East, allowing us to offer competitive pricing without compromising on performance.
Company Growth (employees)
Type
Private
HQ
North Ferriby, GB
Founded
1857
Size (employees)
41 (est)+3%
Needlers was founded in 1857 and is headquartered in North Ferriby, GB

Needlers Office Locations

Needlers has an office in North Ferriby

Needlers Data and Metrics

Summary Metrics

Founding Date

1857

Needlers Financial Metrics

Needlers's revenue was reported to be £24 m in FY, 2015 which is a 8% increase from the previous period.
£, GBP

Revenue (FY, 2015)

24 m

Revenue growth (FY, 2014 - FY, 2015), %

8%

Gross profit (FY, 2015)

5.5 m

Gross profit margin (FY, 2015), %

23%

Net income (FY, 2015)

487.7 k

Cash (31-Dec-2015)

187.2 k
£, GBPFY, 2013FY, 2014FY, 2015

Revenue

21 m22.3 m24 m

Revenue growth, %

6%8%

Cost of goods sold

16.4 m17.1 m18.5 m

Gross profit

4.5 m5.2 m5.5 m

Gross profit Margin, %

22%23%23%

Operating expense total

3.9 m4.4 m4.8 m

Pre tax profit

642.7 k622.7 k619.7 k

Net Income

482.2 k471.3 k487.7 k
£, GBPFY, 2013FY, 2014FY, 2015

Cash

410.3 k89.9 k187.2 k

Accounts Receivable

4.9 m5.5 m5.5 m

Current Assets

8.8 m9.4 m10 m

PP&E

609.1 k540.1 k532.3 k

Goodwill

334.8 k343 k304.7 k

Total Assets

9.7 m10.3 m10.8 m

Accounts Payable

3.6 m3.8 m3.6 m

Current Liabilities

7.2 m7.3 m7.5 m

Retained Earnings

407.2 k396.3 k412.7 k

Total Equity

2.1 m2.7 m3 m

Financial Leverage

4.6 x3.9 x3.6 x
£, GBPFY, 2013FY, 2014FY, 2015

Income Taxes Paid

(160.5 k)(151.4 k)(132 k)
Y, 2015

Financial Leverage

3.6 x

Needlers Online and Social Media Presence

Needlers Company Life and Culture

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