Pomanda estimates the enterprise value of NORTHERN RACING LTD at £0 based on a Turnover of £0 and 0.76x industry multiple (adjusted for size and gross margin).
northern racing ltdEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of NORTHERN RACING LTD at £1.6m based on an EBITDA of £458.3k and a 3.44x industry multiple (adjusted for size and gross margin).
northern racing ltdEstimated Valuation
£87.2m
Pomanda estimates the enterprise value of NORTHERN RACING LTD at £87.2m based on Net Assets of £54.8m and 1.59x industry multiple (adjusted for liquidity).
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Northern Racing LtdOverview
Northern Racing Ltd is a live company located in england, SW1P 4QP with a Companies House number of 00203365. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in January 1925, it's largest shareholder is
nr acquisitions ltd
with a 100% stake. Northern Racing Ltd is a mature,
unknown sized company, Pomanda has estimated its turnover at
£0 with
unknown
growth in recent years.
Pomanda's financial health check has awarded Northern Racing Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
- - Northern Racing Ltd
- - Industry AVG
Pay Structure
on an average salary of £21.4k, the company has an equivalent pay structure (£21.4k)
- - Northern Racing Ltd
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Racing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (42 weeks)
- - Northern Racing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.9%, this is a lower level of debt than the average (44%)
- - Northern Racing Ltd
- - Industry AVG
NORTHERN RACING LTD financials
EXPORT
Northern Racing Ltd's latest turnover from December 2023 is 0 and the company has net assets of £54.8 million. According to their latest financial statements, Northern Racing Ltd has 2 employees and maintains cash reserves of £3.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Mar 2012
Mar 2011
Mar 2010
Turnover
4,303,504
3,961,000
4,529,000
4,506,000
4,379,000
Other Income Or Grants
Cost Of Sales
2,250
20,250
27,000
27,000
27,545
Gross Profit
4,301,254
3,940,750
4,502,000
4,479,000
4,351,455
Admin Expenses
-458,280
-387,017
-267,195
-2,974,525
423,127
58,489
41,536
10,685
99,938
153,620
127,348
123,100
Operating Profit
458,280
387,017
267,195
2,974,525
-423,127
-58,489
-41,536
4,290,569
3,840,812
4,348,380
4,351,652
4,228,355
Interest Payable
1,153,373
197,371
1,188,670
1,726,371
1,798,648
840,950
4,529,077
4,505,019
4,379,286
Interest Receivable
10,090
1,023,553
35
Pre-Tax Profit
-100
-91
10,075
8,072
2,974,525
-291,289
-255,860
-132,432
4,780,927
2,491,921
2,999,897
-180,697
-153,367
-150,931
Tax
-12,210
12,210
Profit After Tax
-100
-91
10,075
8,072
2,962,315
-279,079
-255,860
-132,432
4,780,927
2,491,921
2,999,897
-180,697
-153,367
-150,931
Dividends Paid
Retained Profit
-100
-91
10,075
8,072
2,962,315
-279,079
-255,860
-132,432
4,780,927
2,491,921
2,999,897
-180,697
-153,367
-150,931
Employee Costs
42,860
38,919
18,683
18,519
18,534
17,946
1,640,665
1,987,129
1,971,838
1,840,692
Number Of Employees
2
2
1
1
1
1
1
1
3
3
3
93
116
115
107
EBITDA*
458,280
387,017
267,195
2,974,525
-423,127
-58,489
-41,536
4,290,569
3,840,812
4,348,380
4,351,652
4,228,355
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
763,045
Intangible Assets
Investments & Other
41,119,197
41,119,197
41,119,197
41,119,197
41,119,197
41,119,197
41,119,197
41,119,197
41,119,197
41,119,197
36,018,907
36,018,907
36,018,907
36,018,907
36,018,907
Debtors (Due After 1 year)
Total Fixed Assets
41,882,242
41,882,242
41,882,242
41,882,242
41,882,242
41,882,242
41,882,242
41,882,242
41,882,242
41,882,242
36,781,952
36,781,952
36,781,952
36,781,952
36,781,952
Stock & work in progress
Trade Debtors
Group Debtors
40,984,417
40,984,371
40,984,371
40,974,206
41,485,461
34,904,352
37,769,846
78,502,874
78,849,851
80,365,965
60,188,192
70,187,884
68,050,252
79,531,070
71,897,804
Misc Debtors
6,617,967
38,018
20,442
6,110
282,161
85,693
159,526
224,564
Cash
3,745
3,891
3,982
4,073
4,167
4,263
1,374
202,739
27,035
231,056
4,505
misc current assets
total current assets
40,988,162
40,988,262
40,988,353
40,978,279
41,489,628
41,526,582
37,809,238
78,726,055
78,882,996
80,365,965
60,188,192
70,701,101
68,140,450
79,690,596
72,122,368
total assets
82,870,404
82,870,504
82,870,595
82,860,521
83,371,870
83,408,824
79,691,480
120,608,297
120,765,238
122,248,207
96,970,144
107,483,053
104,922,402
116,472,548
108,904,320
Bank overdraft
1,153,373
232,222
904,927
866,000
1,025,000
13,894,772
6,162,714
Bank loan
2,350,000
Trade Creditors
1
1
1
1
292,467
290,997
218,127
284,614
Group/Directors Accounts
24,004,415
24,004,415
24,004,414
24,004,415
24,630,539
24,667,493
24,805,036
64,459,853
63,469,690
63,408,822
342,272
342,272
531,148
342,272
588,614
other short term finances
4,076,270
4,076,270
4,076,270
4,076,270
3,969,567
3,969,567
3,076,995
2,569,353
2,440,412
2,393,750
hp & lease commitments
other current liabilities
29,630
29,630
29,630
29,630
29,631
29,630
29,630
366,821
386,477
514,548
1,249,588
3,017,686
1,280,557
957,060
3,392,382
total current liabilities
28,110,315
28,110,315
28,110,315
28,110,316
28,629,737
28,666,691
27,911,662
68,549,400
66,296,579
66,549,342
2,496,787
4,518,425
3,127,702
15,412,231
12,778,324
loans
3,251,676
42,968,134
63,747,799
65,577,768
64,662,688
59,575,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,153,902
provisions
total long term liabilities
2,153,902
3,251,676
42,968,134
63,747,799
65,577,768
64,662,688
59,575,000
total liabilities
28,110,315
28,110,315
28,110,315
28,110,316
28,629,737
28,666,691
27,911,662
68,549,400
68,450,481
69,801,018
45,464,921
68,266,224
68,705,470
80,074,919
72,353,324
net assets
54,760,089
54,760,189
54,760,280
54,750,205
54,742,133
54,742,133
51,779,818
52,058,897
52,314,757
52,447,189
51,505,223
39,216,829
36,216,932
36,397,629
36,550,996
total shareholders funds
54,760,089
54,760,189
54,760,280
54,750,205
54,742,133
54,742,133
51,779,818
52,058,897
52,314,757
52,447,189
51,505,223
39,216,829
36,216,932
36,397,629
36,550,996
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
458,280
387,017
267,195
2,974,525
-423,127
-58,489
-41,536
4,290,569
3,840,812
4,348,380
4,351,652
4,228,355
Depreciation
Amortisation
Tax
-12,210
12,210
Stock
Debtors
46
10,165
-511,255
-36,858
3,714,455
-40,715,452
-332,645
-1,510,004
20,177,773
-10,281,853
-9,220,551
-11,554,651
7,568,228
72,122,368
Creditors
-1
1
-1
1
-292,467
74,340
72,870
-66,487
284,614
Accruals and Deferred Income
-1
1
-337,191
-19,656
-128,071
-735,040
-1,768,098
2,060,626
323,497
-2,435,322
3,392,382
Deferred Taxes & Provisions
Cash flow from operations
458,234
387,016
257,030
511,255
36,858
-752,140
39,967,345
254,500
1,340,397
-20,912,813
12,511,857
15,196,329
16,299,398
-5,718,385
-64,217,017
Investing Activities
capital expenditure
-763,045
Change in Investments
5,100,290
36,018,907
cash flow from investments
-5,100,290
-36,781,952
Financing Activities
Bank loans
-2,350,000
2,350,000
Group/Directors Accounts
1
-1
-626,124
-36,954
-137,543
-39,654,817
990,163
60,868
63,066,550
188,876
-246,342
588,614
Other Short Term Loans
106,703
892,572
507,642
128,941
46,662
2,393,750
Long term loans
-3,251,676
-39,716,458
-20,779,665
-914,889
915,080
5,087,688
59,575,000
Hire Purchase and Lease Commitments
other long term liabilities
-2,153,902
2,153,902
share issue
-3,838,961
9,796,473
-180,697
36,701,927
interest
10,090
-129,820
-197,371
-1,188,670
-1,726,371
-1,798,648
-840,915
-4,529,077
-4,505,019
-4,379,286
cash flow from financing
1
10,089
-519,421
-36,954
755,029
-39,276,995
-1,232,169
-2,178,914
20,178,510
-12,781,840
-1,936,501
-3,425,121
-2,013,673
94,836,255
cash and cash equivalents
cash
-146
-91
-91
-94
-96
2,889
-201,365
175,704
27,035
-231,056
231,056
4,505
overdraft
-1,153,373
1,153,373
-232,222
-672,705
38,927
-13,028,772
-12,869,772
7,732,058
6,162,714
change in cash
-146
-91
-91
-94
-96
2,889
952,008
-977,669
259,257
672,705
-269,983
13,259,828
12,874,277
-7,732,058
-6,162,714
northern racing ltd 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 northern racing ltd. Get real-time insights into northern racing ltd's credit score, group structure and payment trends.
Perform a competitor analysis for northern racing ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mature companies, companies in SW1P area or any other competitors across 12 key performance metrics.
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 8 charges/mortgages relating to northern racing ltd. Currently there are 1 open charges and 7 have been satisfied in the past.
northern racing ltd 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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northern racing ltdCompanies House Filings - See Documents
