ng bailey limited
ng bailey limited Company Information
Company Number
00342778
Next Accounts
Dec 2025
Industry
Electrical installation
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
ng bailey group ltd
Group Structure
View All
Contact
Registered Address
7 brown lane west, leeds, LS12 6EH
Website
http://www.ngbailey.comng bailey limited Estimated Valuation
Pomanda estimates the enterprise value of NG BAILEY LIMITED at £188.2m based on a Turnover of £312m and 0.6x industry multiple (adjusted for size and gross margin).
ng bailey limited Estimated Valuation
Pomanda estimates the enterprise value of NG BAILEY LIMITED at £5.3m based on an EBITDA of £897k and a 5.92x industry multiple (adjusted for size and gross margin).
ng bailey limited Estimated Valuation
Pomanda estimates the enterprise value of NG BAILEY LIMITED at £65.2m based on Net Assets of £26m and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ng Bailey Limited Overview
Ng Bailey Limited is a live company located in leeds, LS12 6EH with a Companies House number of 00342778. It operates in the electrical installation sector, SIC Code 43210. Founded in July 1938, it's largest shareholder is ng bailey group ltd with a 100% stake. Ng Bailey Limited is a mature, mega sized company, Pomanda has estimated its turnover at £312m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ng Bailey Limited Health Check
Pomanda's financial health check has awarded Ng Bailey Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
7 Weak
Size
annual sales of £312m, make it larger than the average company (£4.8m)
£312m - Ng Bailey Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.3%)
2% - Ng Bailey Limited
11.3% - Industry AVG
Production
with a gross margin of 7.7%, this company has a higher cost of product (25.5%)
7.7% - Ng Bailey Limited
25.5% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (6.6%)
0.3% - Ng Bailey Limited
6.6% - Industry AVG
Employees
with 1464 employees, this is above the industry average (24)
1464 - Ng Bailey Limited
24 - Industry AVG
Pay Structure
on an average salary of £68.2k, the company has a higher pay structure (£47k)
£68.2k - Ng Bailey Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £213.1k, this is more efficient (£172.9k)
£213.1k - Ng Bailey Limited
£172.9k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (55 days)
96 days - Ng Bailey Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (39 days)
43 days - Ng Bailey Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (11 days)
0 days - Ng Bailey Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (22 weeks)
3 weeks - Ng Bailey Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.3%, this is a higher level of debt than the average (60.3%)
74.3% - Ng Bailey Limited
60.3% - Industry AVG
NG BAILEY LIMITED financials
Ng Bailey Limited's latest turnover from March 2024 is £312 million and the company has net assets of £26 million. According to their latest financial statements, Ng Bailey Limited has 1,464 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 311,987,000 | 293,088,000 | 267,362,000 | 294,124,000 | 334,885,000 | 315,046,000 | 325,817,000 | 347,160,000 | 279,732,000 | 251,118,000 | 279,437,000 | 330,654,000 | 378,015,000 | 339,623,000 | 382,443,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 288,028,000 | 295,405,000 | 249,379,000 | 282,396,000 | 292,086,000 | 270,441,000 | 283,463,000 | 306,743,000 | 247,610,000 | 222,068,000 | 249,150,000 | 305,937,000 | 339,090,000 | 302,820,000 | 312,456,000 |
| Gross Profit | 23,959,000 | -2,317,000 | 17,983,000 | 11,728,000 | 42,799,000 | 44,605,000 | 42,354,000 | 40,417,000 | 32,122,000 | 29,050,000 | 30,287,000 | 24,717,000 | 38,925,000 | 36,803,000 | 69,987,000 |
| Admin Expenses | 23,181,000 | 23,750,000 | 23,088,000 | 21,938,000 | 28,261,000 | 29,253,000 | 29,098,000 | 28,681,000 | 28,694,000 | 28,896,000 | 32,348,000 | 38,721,000 | 35,413,000 | 42,416,000 | 45,111,000 |
| Operating Profit | 778,000 | -26,067,000 | -5,105,000 | -10,210,000 | 14,538,000 | 15,352,000 | 13,256,000 | 11,736,000 | 3,428,000 | 154,000 | -2,061,000 | -14,004,000 | 3,512,000 | -5,613,000 | 24,876,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 3,778,000 | -19,567,000 | -1,605,000 | -10,210,000 | 16,601,000 | 17,576,000 | 13,703,000 | 21,136,000 | 4,428,000 | 1,190,000 | -2,061,000 | -14,004,000 | 3,512,000 | -5,613,000 | 24,876,000 |
| Tax | -420,000 | 5,677,000 | 2,216,000 | 1,421,000 | -2,732,000 | -2,947,000 | -2,222,000 | -2,326,000 | -729,000 | 265,000 | -103,000 | 4,100,000 | -1,188,000 | 1,839,000 | -7,244,000 |
| Profit After Tax | 3,358,000 | -13,890,000 | 611,000 | -8,789,000 | 13,869,000 | 14,629,000 | 11,481,000 | 18,810,000 | 3,699,000 | 1,455,000 | -2,164,000 | -9,904,000 | 2,324,000 | -3,774,000 | 17,632,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 12,563,000 | 12,724,000 | 12,500,000 | 18,800,000 | 1,500,000 | 1,036,000 | 0 | 0 | 2,000,000 | 0 | 5,000,000 |
| Retained Profit | 3,358,000 | -13,890,000 | 611,000 | -8,789,000 | 1,306,000 | 1,905,000 | -1,019,000 | 10,000 | 2,199,000 | 419,000 | -2,164,000 | -9,904,000 | 324,000 | -3,774,000 | 12,632,000 |
| Employee Costs | 99,781,000 | 94,834,000 | 90,210,000 | 81,866,000 | 82,266,000 | 77,684,000 | 73,723,000 | 74,910,000 | 72,437,000 | 74,536,000 | 72,843,000 | 83,875,000 | 79,767,000 | 79,890,000 | 106,238,000 |
| Number Of Employees | 1,464 | 1,430 | 1,361 | 1,480 | 1,452 | 1,412 | 1,403 | 1,506 | 1,546 | 1,546 | 1,596 | 1,800 | 1,929 | 2,001 | 2,507 |
| EBITDA* | 897,000 | -25,995,000 | -5,010,000 | -10,059,000 | 14,673,000 | 20,972,000 | 21,265,000 | 19,652,000 | 11,564,000 | 8,982,000 | -1,079,000 | -13,738,000 | 3,846,000 | -5,134,000 | 25,390,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 589,000 | 254,000 | 385,000 | 480,000 | 631,000 | 343,000 | 5,960,000 | 13,769,000 | 21,747,000 | 29,920,000 | 8,650,000 | 474,000 | 501,000 | 646,000 | 923,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 859,000 | 859,000 | 859,000 | 859,000 | 859,000 | 859,000 | 1,210,000 | 1,210,000 | 1,210,000 | 1,210,000 | 1,210,000 | 1,210,000 | 1,210,000 | 1,110,000 | 1,110,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,448,000 | 1,113,000 | 1,244,000 | 1,339,000 | 1,490,000 | 1,202,000 | 7,170,000 | 14,979,000 | 22,957,000 | 31,130,000 | 9,860,000 | 1,684,000 | 1,711,000 | 1,756,000 | 2,033,000 |
| Stock & work in progress | 324,000 | 335,000 | 220,000 | 413,000 | 534,000 | 193,000 | 1,398,000 | 458,000 | 285,000 | 185,000 | 179,000 | 968,000 | 136,000 | 135,000 | 167,000 |
| Trade Debtors | 82,710,000 | 71,708,000 | 84,934,000 | 76,643,000 | 110,001,000 | 94,471,000 | 83,132,000 | 157,255,000 | 4,745,000 | 6,671,000 | 49,296,000 | 45,499,000 | 4,959,000 | 25,311,000 | 69,004,000 |
| Group Debtors | 2,246,000 | 18,150,000 | 17,366,000 | 50,687,000 | 55,581,000 | 63,489,000 | 64,710,000 | 0 | 135,254,000 | 57,439,000 | 72,542,000 | 85,199,000 | 93,624,000 | 89,389,000 | 98,615,000 |
| Misc Debtors | 8,639,000 | 11,940,000 | 2,402,000 | 3,869,000 | 878,000 | 2,271,000 | 1,517,000 | 0 | 2,677,000 | 43,610,000 | 1,827,000 | 1,289,000 | 44,760,000 | 35,941,000 | 1,060,000 |
| Cash | 5,623,000 | 8,809,000 | 9,029,000 | 4,864,000 | 5,858,000 | 1,720,000 | 272,000 | 212,000 | 0 | 1,602,000 | 4,440,000 | 674,000 | 689,000 | 217,000 | 249,000 |
| misc current assets | 0 | 0 | 2,367,000 | 0 | 0 | 254,000 | 266,000 | 1,212,000 | 3,309,000 | 4,036,000 | 3,861,000 | 4,585,000 | 1,468,000 | 1,672,000 | 2,115,000 |
| total current assets | 99,542,000 | 110,942,000 | 116,318,000 | 136,476,000 | 172,852,000 | 162,398,000 | 151,295,000 | 159,137,000 | 146,270,000 | 113,543,000 | 132,145,000 | 138,214,000 | 145,636,000 | 152,665,000 | 171,210,000 |
| total assets | 100,990,000 | 112,055,000 | 117,562,000 | 137,815,000 | 174,342,000 | 163,600,000 | 158,465,000 | 174,116,000 | 169,227,000 | 144,673,000 | 142,005,000 | 139,898,000 | 147,347,000 | 154,421,000 | 173,243,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,600,000 | 25,068,000 | 28,234,000 | 32,441,000 | 66,616,000 | 58,919,000 | 91,209,000 | 127,383,000 | 84,328,000 | 67,417,000 | 62,823,000 | 73,109,000 | 72,327,000 | 82,239,000 | 65,197,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 4,313,000 | 0 | 0 | 0 | 0 | 0 | 0 | 5,031,000 | 5,500,000 | 5,175,000 | 6,037,000 | 5,060,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 40,438,000 | 64,393,000 | 52,844,000 | 65,188,000 | 63,064,000 | 61,325,000 | 25,805,000 | 0 | 32,390,000 | 21,048,000 | 20,343,000 | 18,606,000 | 17,258,000 | 13,882,000 | 46,949,000 |
| total current liabilities | 75,038,000 | 89,461,000 | 81,078,000 | 101,942,000 | 129,680,000 | 120,244,000 | 117,014,000 | 127,383,000 | 116,718,000 | 88,465,000 | 88,197,000 | 97,215,000 | 94,760,000 | 102,158,000 | 117,206,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,263,000 | 10,049,000 | 15,947,000 | 13,289,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,263,000 | 10,049,000 | 15,947,000 | 13,289,000 | 0 | 0 | 0 | 0 |
| total liabilities | 75,038,000 | 89,461,000 | 81,078,000 | 101,942,000 | 129,680,000 | 120,244,000 | 117,014,000 | 131,646,000 | 126,767,000 | 104,412,000 | 101,486,000 | 97,215,000 | 94,760,000 | 102,158,000 | 117,206,000 |
| net assets | 25,952,000 | 22,594,000 | 36,484,000 | 35,873,000 | 44,662,000 | 43,356,000 | 41,451,000 | 42,470,000 | 42,460,000 | 40,261,000 | 40,519,000 | 42,683,000 | 52,587,000 | 52,263,000 | 56,037,000 |
| total shareholders funds | 25,952,000 | 22,594,000 | 36,484,000 | 35,873,000 | 44,662,000 | 43,356,000 | 41,451,000 | 42,470,000 | 42,460,000 | 40,261,000 | 40,519,000 | 42,683,000 | 52,587,000 | 52,263,000 | 56,037,000 |
| Mar 2024 | Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 778,000 | -26,067,000 | -5,105,000 | -10,210,000 | 14,538,000 | 15,352,000 | 13,256,000 | 11,736,000 | 3,428,000 | 154,000 | -2,061,000 | -14,004,000 | 3,512,000 | -5,613,000 | 24,876,000 |
| Depreciation | 119,000 | 72,000 | 95,000 | 151,000 | 135,000 | 5,620,000 | 8,009,000 | 7,916,000 | 8,136,000 | 8,828,000 | 982,000 | 266,000 | 334,000 | 479,000 | 514,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -420,000 | 5,677,000 | 2,216,000 | 1,421,000 | -2,732,000 | -2,947,000 | -2,222,000 | -2,326,000 | -729,000 | 265,000 | -103,000 | 4,100,000 | -1,188,000 | 1,839,000 | -7,244,000 |
| Stock | -11,000 | 115,000 | -193,000 | -121,000 | 341,000 | -1,205,000 | 940,000 | 173,000 | 100,000 | 6,000 | -789,000 | 832,000 | 1,000 | -32,000 | 167,000 |
| Debtors | -8,203,000 | -2,904,000 | -26,497,000 | -35,261,000 | 6,229,000 | 10,872,000 | -7,896,000 | 14,579,000 | 34,956,000 | -15,945,000 | -8,322,000 | -11,356,000 | -7,298,000 | -18,038,000 | 168,679,000 |
| Creditors | 9,532,000 | -3,166,000 | -4,207,000 | -34,175,000 | 7,697,000 | -32,290,000 | -36,174,000 | 43,055,000 | 16,911,000 | 4,594,000 | -10,286,000 | 782,000 | -9,912,000 | 17,042,000 | 65,197,000 |
| Accruals and Deferred Income | -23,955,000 | 11,549,000 | -12,344,000 | 2,124,000 | 1,739,000 | 35,520,000 | 21,542,000 | -38,176,000 | 5,444,000 | 3,363,000 | 15,026,000 | 1,348,000 | 3,376,000 | -33,067,000 | 46,949,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,732,000 | -9,146,000 | 7,345,000 | -5,307,000 | 14,807,000 | 11,588,000 | 11,367,000 | 7,453,000 | -1,866,000 | 33,143,000 | 12,669,000 | 3,016,000 | 3,419,000 | -1,250,000 | -38,554,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -159,000 | -49,000 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -351,000 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 0 | 1,110,000 |
| cash flow from investments | -159,000 | -1,159,000 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -4,313,000 | 4,313,000 | 0 | 0 | 0 | 0 | 0 | -5,031,000 | -469,000 | 325,000 | -862,000 | 977,000 | 5,060,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | -4,313,000 | 4,313,000 | 0 | 0 | 0 | 0 | 0 | -5,708,000 | -469,000 | 325,000 | -862,000 | 977,000 | 48,465,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -3,186,000 | -220,000 | 4,165,000 | -994,000 | 4,138,000 | 1,448,000 | 60,000 | 212,000 | -1,602,000 | -2,838,000 | 3,766,000 | -15,000 | 472,000 | -32,000 | 249,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,186,000 | -220,000 | 4,165,000 | -994,000 | 4,138,000 | 1,448,000 | 60,000 | 212,000 | -1,602,000 | -2,838,000 | 3,766,000 | -15,000 | 472,000 | -32,000 | 249,000 |
ng bailey limited Credit Report and Business Information
Ng Bailey Limited Competitor Analysis
Perform a competitor analysis for ng bailey limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in LS12 area or any other competitors across 12 key performance metrics.
ng bailey limited Ownership
NG BAILEY LIMITED group structure
Ng Bailey Limited has 7 subsidiary companies.
Ultimate parent company
1 parent
NG BAILEY LIMITED
00342778
7 subsidiaries
ng bailey limited directors
Ng Bailey Limited currently has 2 directors. The longest serving directors include Mr Jonathan Stockton (Jul 2020) and Mrs Rachel Salmon (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Stockton | United Kingdom | 42 years | Jul 2020 | - | Director |
| Mrs Rachel Salmon | England | 49 years | Jun 2024 | - | Director |
P&L
March 2024turnover
312m
+6%
operating profit
778k
-103%
gross margin
7.7%
-1071.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
26m
+0.15%
total assets
101m
-0.1%
cash
5.6m
-0.36%
net assets
Total assets minus all liabilities
ng bailey limited company details
company number
00342778
Type
Private limited with Share Capital
industry
43210 - Electrical installation
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 1938
age
87
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
bailey limited (July 2011)
n.g.bailey & company limited (February 2006)
accountant
-
auditor
RSM UK AUDIT LLP
address
7 brown lane west, leeds, LS12 6EH
Bank
HSBC BANK PLC
Legal Advisor
-
ng bailey 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 5 charges/mortgages relating to ng bailey limited. Currently there are 1 open charges and 4 have been satisfied in the past.
ng bailey 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.
Click to start generating capital raising & share issue transactions for NG BAILEY LIMITED. This can take several minutes, an email will notify you when this has completed.
ng bailey limited Companies House Filings - See Documents
| date | description | view/download |
|---|
