Pomanda estimates the enterprise value of NORIT PROPERTIES LIMITED at £1m based on a Turnover of £2.9m and 0.35x industry multiple (adjusted for size and gross margin).
norit properties limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORIT PROPERTIES LIMITED at £0 based on an EBITDA of £-1.5k and a 2.75x industry multiple (adjusted for size and gross margin).
norit properties limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORIT PROPERTIES LIMITED at £0 based on Net Assets of £-2.2k and 1.41x industry multiple (adjusted for liquidity).
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Norit Properties LimitedOverview
Norit Properties Limited is a live company located in ceredigion, SY23 1QB with a Companies House number of 00665671. It operates in the development of building projects sector, SIC Code 41100. Founded in July 1960, it's largest shareholder is
glenfit properties limited
with a 100% stake. Norit Properties Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.9m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Norit Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
3 Weak
Size
annual sales of £2.9m, make it larger than the average company (£2.2m)
£2.9m - Norit Properties Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Norit Properties Limited
- - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (26.6%)
9.7% - Norit Properties Limited
26.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.4%)
0% - Norit Properties Limited
7.4% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
5 - Norit Properties Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
£48.5k - Norit Properties Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £579.3k, this is more efficient (£268.6k)
£579.3k - Norit Properties Limited
£268.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (30 days)
0 days - Norit Properties Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 230 days, this is slower than average (33 days)
230 days - Norit Properties Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Norit Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Norit Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.1%, this is a higher level of debt than the average (72.6%)
100.1% - Norit Properties Limited
72.6% - Industry AVG
NORIT PROPERTIES LIMITED financials
EXPORT
Norit Properties Limited's latest turnover from April 2024 is estimated at £2.9 million and the company has net assets of -£2.2 thousand. According to their latest financial statements, we estimate that Norit Properties Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
2,896,738
3,292,141
Other Income Or Grants
Cost Of Sales
2,614,507
2,967,972
Gross Profit
282,230
324,169
Admin Expenses
283,763
324,937
Operating Profit
-1,533
-768
Interest Payable
Interest Receivable
Pre-Tax Profit
-1,533
-768
Tax
Profit After Tax
-1,533
-768
Dividends Paid
Retained Profit
-1,533
-768
Employee Costs
242,424
232,603
Number Of Employees
5
5
1
EBITDA*
-1,533
-768
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
Intangible Assets
Investments & Other
1,649,429
1,649,429
Debtors (Due After 1 year)
Total Fixed Assets
1,649,429
1,649,429
Stock & work in progress
Trade Debtors
100
100
Group Debtors
Misc Debtors
100
100
100
100
Cash
misc current assets
total current assets
100
100
100
100
100
100
total assets
1,649,529
1,649,529
100
100
100
100
Bank overdraft
Bank loan
Trade Creditors
1,651,730
1,650,197
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,651,730
1,650,197
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,651,730
1,650,197
net assets
-2,201
-668
100
100
100
100
total shareholders funds
-2,201
-668
100
100
100
100
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-1,533
-768
Depreciation
Amortisation
Tax
Stock
Debtors
100
Creditors
1,533
1,650,197
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
1,649,429
-100
Investing Activities
capital expenditure
Change in Investments
1,649,429
cash flow from investments
-1,649,429
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
cash flow from financing
100
cash and cash equivalents
cash
overdraft
change in cash
norit properties limited 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 norit properties limited. Get real-time insights into norit properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for norit properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SY23 area or any other competitors across 12 key performance metrics.
norit properties limited Ownership
NORIT PROPERTIES LIMITED group structure
Norit Properties Limited has no subsidiary companies.
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 did not find charges/mortgages relating to norit properties limited.
norit properties 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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norit properties limitedCompanies House Filings - See Documents
