newton technology group plc
newton technology group plc Company Information
Company Number
00620459
Website
www.newtonhall.co.ukRegistered Address
newton hall town street, newton, cambridge, cambridgeshire, CB22 7ZE
Industry
Activities of head offices
Telephone
01223872983
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
ian mcnulty 75%
r.g. mcinnes 25%
newton technology group plc Estimated Valuation
Pomanda estimates the enterprise value of NEWTON TECHNOLOGY GROUP PLC at £551k based on a Turnover of £806.2k and 0.68x industry multiple (adjusted for size and gross margin).
newton technology group plc Estimated Valuation
Pomanda estimates the enterprise value of NEWTON TECHNOLOGY GROUP PLC at £0 based on an EBITDA of £-1.9m and a 4.71x industry multiple (adjusted for size and gross margin).
newton technology group plc Estimated Valuation
Pomanda estimates the enterprise value of NEWTON TECHNOLOGY GROUP PLC at £530k based on Net Assets of £692.8k and 0.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Newton Technology Group Plc Overview
Newton Technology Group Plc is a live company located in cambridge, CB22 7ZE with a Companies House number of 00620459. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 1959, it's largest shareholder is ian mcnulty with a 75% stake. Newton Technology Group Plc is a mature, small sized company, Pomanda has estimated its turnover at £806.2k with declining growth in recent years.
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Newton Technology Group Plc Health Check
Pomanda's financial health check has awarded Newton Technology Group Plc a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £806.2k, make it smaller than the average company (£22.7m)
£806.2k - Newton Technology Group Plc
£22.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (6.6%)
-40% - Newton Technology Group Plc
6.6% - Industry AVG
Production
with a gross margin of 32.9%, this company has a comparable cost of product (32.9%)
32.9% - Newton Technology Group Plc
32.9% - Industry AVG
Profitability
an operating margin of -236.3% make it less profitable than the average company (5.8%)
-236.3% - Newton Technology Group Plc
5.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (126)
9 - Newton Technology Group Plc
126 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has a lower pay structure (£48.4k)
£23.4k - Newton Technology Group Plc
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £89.6k, this is less efficient (£199.6k)
£89.6k - Newton Technology Group Plc
£199.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Newton Technology Group Plc
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (43 days)
8 days - Newton Technology Group Plc
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newton Technology Group Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Newton Technology Group Plc
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (56.2%)
76.8% - Newton Technology Group Plc
56.2% - Industry AVG
NEWTON TECHNOLOGY GROUP PLC financials
Newton Technology Group Plc's latest turnover from December 2023 is £806.2 thousand and the company has net assets of £692.8 thousand. According to their latest financial statements, Newton Technology Group Plc has 9 employees and maintains cash reserves of £72.7 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 806,247 | 630,000 | 325,000 | 3,736,064 | 7,422,699 | 12,379,250 | 7,044,542 | 4,951,828 | 3,439,591 | 3,938,111 | 4,685,498 | 4,682,086 | 3,796,275 | 3,533,074 | 2,802,030 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 0 | 2,476,222 | 5,223,775 | 9,240,734 | 4,744,318 | 3,287,025 | 1,980,382 | 2,328,359 | 2,697,661 | 3,173,299 | 2,294,076 | 2,082,069 | 1,403,625 | ||
| Gross Profit | 325,000 | 1,259,842 | 2,198,924 | 3,138,516 | 2,300,224 | 1,664,803 | 1,459,209 | 1,609,752 | 1,987,837 | 1,508,787 | 1,502,199 | 1,451,005 | 1,398,405 | ||
| Admin Expenses | 654,711 | 1,324,415 | 1,750,470 | 1,811,391 | 1,646,416 | 1,361,927 | 1,287,979 | 1,457,216 | 1,579,552 | 1,341,580 | 1,219,389 | 1,263,219 | 1,274,648 | ||
| Operating Profit | -1,904,822 | 1,953 | -329,711 | -64,573 | 448,454 | 1,327,125 | 653,808 | 302,876 | 171,230 | 152,536 | 408,285 | 167,207 | 282,810 | 187,786 | 123,757 |
| Interest Payable | 0 | 21 | 79 | 2 | 528 | 1,040 | 198 | 64 | 71,001 | 53,567 | 70,131 | 31,042 | 6,862 | 30,286 | 20,975 |
| Interest Receivable | 1,000,000 | 0 | 0 | 0 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 17 | 6 | 2,014 | 0 |
| Pre-Tax Profit | -904,822 | 1,932 | -329,790 | -64,575 | 447,930 | 1,326,089 | 653,610 | 302,812 | 100,229 | 98,969 | 338,154 | 136,182 | 275,954 | 159,514 | 102,782 |
| Tax | 0 | 0 | 0 | 117,390 | -41,091 | 8,167 | 10,947 | 63,187 | 72,712 | 83,256 | 41,250 | 62,879 | 29,478 | 47,310 | 31,455 |
| Profit After Tax | -904,822 | 1,932 | -329,790 | 52,815 | 406,839 | 1,334,256 | 664,557 | 365,999 | 172,941 | 182,225 | 379,404 | 199,061 | 305,432 | 206,824 | 134,237 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -904,822 | 1,932 | -329,790 | 52,815 | 406,839 | 1,334,256 | 664,557 | 365,999 | 172,941 | 182,225 | 379,404 | 199,061 | 305,432 | 206,824 | 134,237 |
| Employee Costs | 210,391 | 182,958 | 237,883 | 1,907,627 | 2,214,156 | 2,433,689 | 1,613,458 | 1,506,185 | 1,351,503 | 1,297,250 | 1,121,612 | ||||
| Number Of Employees | 9 | 8 | 9 | 47 | 52 | 59 | 51 | 45 | 46 | 48 | 49 | 47 | 45 | 44 | 45 |
| EBITDA* | -1,895,283 | 6,070 | -319,220 | -17,897 | 530,940 | 1,377,227 | 686,337 | 327,573 | 196,841 | 185,335 | 427,797 | 225,963 | 345,715 | 248,890 | 195,089 |
* 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,619 | 10,963 | 30,087 | 257,317 | 289,567 | 365,453 | 375,241 | 226,637 | 232,184 | 257,795 | 290,594 | 353,080 | 411,836 | 458,386 | 476,772 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 230,402 | 230,402 | 230,402 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 259,021 | 241,365 | 260,489 | 257,317 | 289,567 | 365,453 | 375,241 | 226,637 | 232,184 | 257,795 | 290,594 | 353,080 | 411,836 | 458,386 | 476,772 |
| Stock & work in progress | 0 | 0 | 0 | 375,372 | 693,237 | 351,134 | 236,796 | 258,807 | 280,805 | 236,871 | 304,767 | 558,899 | 199,155 | 467,760 | 343,836 |
| Trade Debtors | 0 | 0 | 0 | 2,954,511 | 1,555,476 | 5,745,571 | 4,288,023 | 2,187,969 | 1,774,258 | 336,615 | 2,740,380 | 1,923,115 | 1,420,816 | 583,091 | 1,203,498 |
| Group Debtors | 2,469,786 | 3,643,459 | 3,660,039 | 369,269 | 267,830 | 149,564 | 92,295 | 58,185 | 53,987 | 187,214 | 225,714 | 269,922 | 242,900 | 144,163 | 102,003 |
| Misc Debtors | 187,244 | 162,609 | 93,978 | 257,242 | 306,456 | 958,816 | 269,547 | 464,021 | 322,941 | 2,572,352 | 249,941 | 193,743 | 152,014 | 471,494 | 176,157 |
| Cash | 72,653 | 13,953 | 3,496 | 1,639,143 | 2,552,274 | 1,570,615 | 13,666 | 809,369 | 587,589 | 302,760 | 337,659 | 749,702 | 395,255 | 379,256 | 2,367 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,729,683 | 3,820,021 | 3,757,513 | 5,595,537 | 5,375,273 | 8,775,700 | 4,900,327 | 3,778,351 | 3,019,580 | 3,635,812 | 3,858,461 | 3,695,381 | 2,410,140 | 2,045,764 | 1,827,861 |
| total assets | 2,988,704 | 4,061,386 | 4,018,002 | 5,852,854 | 5,664,840 | 9,141,153 | 5,275,568 | 4,004,988 | 3,251,764 | 3,893,607 | 4,149,055 | 4,048,461 | 2,821,976 | 2,504,150 | 2,304,633 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 132,994 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 352,126 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,959 | 23,046 | 17,554 | 253,794 | 83,335 | 1,735,435 | 827,970 | 560,720 | 154,579 | 360,138 | 386,729 | 708,824 | 274,249 | 267,131 | 234,834 |
| Group/Directors Accounts | 2,189,816 | 2,353,176 | 2,266,395 | 0 | 20,115 | 898,435 | 842,866 | 559,220 | 650,235 | 1,331,154 | 1,587,878 | 1,748,301 | 408,206 | 293,283 | 825,464 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 341 | 13,345 | 13,945 | 12,076 | 0 |
| other current liabilities | 93,128 | 87,541 | 138,362 | 567,313 | 582,458 | 1,935,190 | 233,901 | 256,642 | 239,669 | 167,975 | 321,992 | 104,939 | 88,241 | 194,946 | 130,815 |
| total current liabilities | 2,295,903 | 2,463,763 | 2,422,311 | 821,107 | 685,908 | 4,569,060 | 2,037,731 | 1,431,708 | 1,044,483 | 1,859,267 | 2,296,940 | 2,575,409 | 784,641 | 767,436 | 1,543,239 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750,000 | 750,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 341 | 13,685 | 18,496 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 341 | 763,685 | 768,496 | 0 |
| total liabilities | 2,295,903 | 2,463,763 | 2,422,311 | 821,107 | 685,908 | 4,569,060 | 2,037,731 | 1,431,708 | 1,044,483 | 1,859,267 | 2,296,940 | 2,575,750 | 1,548,326 | 1,535,932 | 1,543,239 |
| net assets | 692,801 | 1,597,623 | 1,595,691 | 5,031,747 | 4,978,932 | 4,572,093 | 3,237,837 | 2,573,280 | 2,207,281 | 2,034,340 | 1,852,115 | 1,472,711 | 1,273,650 | 968,218 | 761,394 |
| total shareholders funds | 692,801 | 1,597,623 | 1,595,691 | 5,031,747 | 4,978,932 | 4,572,093 | 3,237,837 | 2,573,280 | 2,207,281 | 2,034,340 | 1,852,115 | 1,472,711 | 1,273,650 | 968,218 | 761,394 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,904,822 | 1,953 | -329,711 | -64,573 | 448,454 | 1,327,125 | 653,808 | 302,876 | 171,230 | 152,536 | 408,285 | 167,207 | 282,810 | 187,786 | 123,757 |
| Depreciation | 9,539 | 4,117 | 10,491 | 46,676 | 82,486 | 50,102 | 32,529 | 24,697 | 25,611 | 32,799 | 19,512 | 58,756 | 62,905 | 61,104 | 71,332 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 117,390 | -41,091 | 8,167 | 10,947 | 63,187 | 72,712 | 83,256 | 41,250 | 62,879 | 29,478 | 47,310 | 31,455 |
| Stock | 0 | 0 | -375,372 | -317,865 | 342,103 | 114,338 | -22,011 | -21,998 | 43,934 | -67,896 | -254,132 | 359,744 | -268,605 | 123,924 | 343,836 |
| Debtors | -1,149,038 | 52,051 | 172,995 | 1,451,260 | -4,724,189 | 2,204,086 | 1,939,690 | 558,989 | -944,995 | -119,854 | 829,255 | 571,050 | 616,982 | -282,910 | 1,481,658 |
| Creditors | -10,087 | 5,492 | -236,240 | 170,459 | -1,652,100 | 907,465 | 267,250 | 406,141 | -205,559 | -26,591 | -322,095 | 434,575 | 7,118 | 32,297 | 234,834 |
| Accruals and Deferred Income | 5,587 | -50,821 | -428,951 | -15,145 | -1,352,732 | 1,701,289 | -22,741 | 16,973 | 71,694 | -154,017 | 217,053 | 16,698 | -106,705 | 64,131 | 130,815 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -750,745 | -91,310 | -782,034 | -878,588 | 1,867,103 | 1,675,724 | -975,886 | 276,883 | 1,036,749 | 275,733 | -211,118 | -190,679 | -72,771 | 551,614 | -1,233,301 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -39,164 | -341 | -14,844 | -13,944 | -19,297 | -12,146 | 0 | |||
| Change in Investments | 0 | 0 | 230,402 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -230,402 | 0 | 0 | -39,164 | -341 | -14,844 | -13,944 | -19,297 | -12,146 | 0 | |||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -163,360 | 86,781 | 2,266,395 | -20,115 | -878,320 | 55,569 | 283,646 | -91,015 | -680,919 | -256,724 | -160,423 | 1,340,095 | 114,923 | -532,181 | 825,464 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -55,126 | 55,126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -750,000 | 0 | 750,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -341 | -13,345 | -13,944 | -2,942 | 30,572 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,000,000 | -21 | -79 | -2 | -524 | -1,036 | -198 | -64 | -71,001 | -53,567 | -70,131 | -31,025 | -6,856 | -28,272 | -20,975 |
| cash flow from financing | 836,640 | 86,760 | -839,950 | -20,117 | -878,844 | 54,533 | 228,322 | -35,953 | -751,920 | -310,632 | -243,899 | 545,126 | 105,125 | 220,119 | 1,431,646 |
| cash and cash equivalents | |||||||||||||||
| cash | 58,700 | 10,457 | -1,635,647 | -913,131 | 981,659 | 1,556,949 | -795,703 | 221,780 | 284,829 | -34,899 | -412,043 | 354,447 | 15,999 | 376,889 | 2,367 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -132,994 | 132,994 | 0 | 0 | 0 | 0 | 0 | 0 | -352,126 | 352,126 |
| change in cash | 58,700 | 10,457 | -1,635,647 | -913,131 | 981,659 | 1,689,943 | -928,697 | 221,780 | 284,829 | -34,899 | -412,043 | 354,447 | 15,999 | 729,015 | -349,759 |
newton technology group plc Credit Report and Business Information
Newton Technology Group Plc Competitor Analysis
Perform a competitor analysis for newton technology group plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CB22 area or any other competitors across 12 key performance metrics.
newton technology group plc Ownership
NEWTON TECHNOLOGY GROUP PLC group structure
Newton Technology Group Plc has 4 subsidiary companies.
Ultimate parent company
NEWTON TECHNOLOGY GROUP PLC
00620459
4 subsidiaries
newton technology group plc directors
Newton Technology Group Plc currently has 2 directors. The longest serving directors include Mr Ian McNulty (Mar 1997) and Mr Randolph McInnes (Mar 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian McNulty | 70 years | Mar 1997 | - | Director | |
| Mr Randolph McInnes | 72 years | Mar 1997 | - | Director |
P&L
December 2023turnover
806.2k
+28%
operating profit
-1.9m
-97633%
gross margin
32.9%
-0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
692.8k
-0.57%
total assets
3m
-0.26%
cash
72.7k
+4.21%
net assets
Total assets minus all liabilities
Similar Companies
newton technology group plc company details
company number
00620459
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
February 1959
age
65
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
delta designs (new southgate) limited (December 1997)
last accounts submitted
December 2023
address
newton hall town street, newton, cambridge, cambridgeshire, CB22 7ZE
accountant
-
auditor
BK PLUS AUDIT LIMITED
newton technology group plc 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 newton technology group plc. Currently there are 2 open charges and 3 have been satisfied in the past.
newton technology group plc Companies House Filings - See Documents
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