d. noble limited

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d. noble limited Company Information

Share D. NOBLE LIMITED

Company Number

00874002

Shareholders

d noble holdings castleford ltd

Group Structure

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Industry

Construction of commercial buildings

 +3

Registered Address

noble house, perseverance street, castleford, west yorkshire, WF10 1LD

d. noble limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of D. NOBLE LIMITED at £5.3m based on a Turnover of £8.2m and 0.65x industry multiple (adjusted for size and gross margin).

d. noble limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of D. NOBLE LIMITED at £1.9m based on an EBITDA of £511.1k and a 3.69x industry multiple (adjusted for size and gross margin).

d. noble limited Estimated Valuation

£28.3m

Pomanda estimates the enterprise value of D. NOBLE LIMITED at £28.3m based on Net Assets of £16.7m and 1.69x industry multiple (adjusted for liquidity).

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D. Noble Limited Overview

D. Noble Limited is a live company located in castleford, WF10 1LD with a Companies House number of 00874002. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 1966, it's largest shareholder is d noble holdings castleford ltd with a 100% stake. D. Noble Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.2m with declining growth in recent years.

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D. Noble Limited Health Check

Pomanda's financial health check has awarded D. Noble Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £8.2m, make it in line with the average company (£7m)

£8.2m - D. Noble Limited

£7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (9.2%)

-6% - D. Noble Limited

9.2% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (35.3%)

17% - D. Noble Limited

35.3% - Industry AVG

profitability

Profitability

an operating margin of 3% make it less profitable than the average company (5%)

3% - D. Noble Limited

5% - Industry AVG

employees

Employees

with 49 employees, this is above the industry average (25)

49 - D. Noble Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£47.5k)

£41.5k - D. Noble Limited

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £166.8k, this is less efficient (£205.4k)

£166.8k - D. Noble Limited

£205.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (41 days)

2 days - D. Noble Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is slower than average (35 days)

47 days - D. Noble Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 927 days, this is more than average (84 days)

927 days - D. Noble Limited

84 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)

0 weeks - D. Noble Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (62.8%)

21% - D. Noble Limited

62.8% - Industry AVG

D. NOBLE LIMITED financials

EXPORTms excel logo

D. Noble Limited's latest turnover from April 2024 is £8.2 million and the company has net assets of £16.7 million. According to their latest financial statements, D. Noble Limited has 49 employees and maintains cash reserves of £15.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover8,175,2937,183,21710,295,6589,890,43812,123,97810,089,4278,384,6236,088,5755,712,8206,464,1318,860,2705,838,5763,430,0733,735,5573,530,402
Other Income Or Grants
Cost Of Sales6,784,0306,529,3748,377,1897,392,5489,659,0166,784,3255,171,2403,372,2714,192,8634,719,7595,823,4503,897,0382,278,5662,447,6112,316,841
Gross Profit1,391,263653,8431,918,4692,497,8902,464,9623,305,1023,213,3832,716,3041,519,9571,744,3723,036,8201,941,5381,151,5071,287,9471,213,561
Admin Expenses1,142,9661,048,3381,406,0321,013,8161,140,4201,057,9101,028,586974,464911,740886,7802,790,3561,856,311941,6561,222,083-8,211,477
Operating Profit248,297-394,495512,4371,484,0741,324,5422,247,1922,184,7971,741,840608,217857,592246,46485,227209,85165,8649,425,038
Interest Payable194,513132,90828,49468,58985,62297,66990,72177,87097,482109,401
Interest Receivable52,98021,49035,05241,98443,28946,10850,16749,99875,77351,2891,3344251781,5351,505
Pre-Tax Profit106,764-505,913518,9951,907,4691,282,2092,195,6312,599,6181,713,968586,508799,480247,79985,652210,02967,3999,426,543
Tax-49,95275,986-255,966239,042197,045-417,952-469,044-345,750-115,610-167,718-52,038-19,700-50,407-17,524-2,639,432
Profit After Tax56,812-429,927263,0292,146,5111,479,2541,777,6792,130,5741,368,218470,898631,762195,76165,952159,62249,8756,787,111
Dividends Paid61,080122,16061,02061,08061,08061,08040,720
Retained Profit56,812-491,007140,8692,146,5111,418,2341,716,5992,069,4941,307,138430,178631,762195,76165,952159,62249,8756,787,111
Employee Costs2,034,8212,550,1792,759,1212,304,9092,132,3762,151,5941,849,9321,574,1421,250,2491,280,9822,124,4941,464,960903,846973,548920,965
Number Of Employees495879396261554951535640252726
EBITDA*511,1014,256851,2691,643,7971,464,6032,358,2752,292,4431,821,830688,982911,886298,440119,340252,628125,1319,501,979

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets854,4341,213,3991,660,7711,096,524721,622521,059460,520476,210365,286262,268785,449229,183259,670313,450370,833
Intangible Assets
Investments & Other950,001950,001950,001950,001500,001500,001500,00144,626785,449785,449278,540785,449861,050691,730657,730
Debtors (Due After 1 year)1,729,9811,953,8371,123,3881,087,4161,052,690
Total Fixed Assets1,804,4352,163,4002,610,7722,046,5251,221,6231,021,060960,521520,8361,150,7351,047,7172,793,9702,968,4692,244,1082,092,5962,081,253
Stock & work in progress17,240,76018,063,57914,816,95513,775,65314,075,63515,351,15913,247,99010,903,4478,265,8938,003,4497,909,6765,924,5045,216,5265,404,0474,880,565
Trade Debtors66,805267,640149,3751,213,221442,2751,073,019918,8511,737,061652,6641,016,020638,601284,940243,979360,916265,143
Group Debtors1,625,0971,746,455460,7431,873,2211,893,560
Misc Debtors392,181281,422790,764603,570428,1081,828,7191,974,9661,817,7381,724,8331,686,3761,48440674
Cash15,67412,7452,097,4462,272,0731,181,827119,205237,43683,66392,592264,711422,802110,95059,13312,052601,953
misc current assets5,457
total current assets19,340,51720,371,84118,315,28319,737,73818,026,86218,372,10216,379,24314,541,90910,735,98210,970,5568,971,0796,321,8785,519,6385,777,0555,748,335
total assets21,144,95222,535,24120,926,05521,784,26319,248,48519,393,16217,339,76415,062,74511,886,71712,018,27311,765,0499,290,3477,763,7467,869,6517,829,588
Bank overdraft722,090142,04950,0001,391,489986,7271,704,4481,219,0821,150,364
Bank loan1,500,000
Trade Creditors 884,0711,008,9841,213,4011,216,696969,9701,055,143893,431746,957885,246832,4493,928,0351,632,129719,182983,937971,381
Group/Directors Accounts927,0151,257,019258,314218,995249,7831,009
other short term finances29,04023,46718,81918,567140,344891,519
hp & lease commitments98,418149,782279,218270,94983,70862,27042,53134,05432,93821,436
other current liabilities1,566,6601,428,1001,486,6792,407,2022,571,7622,989,0662,647,5121,836,017927,085829,196
total current liabilities4,198,2545,514,9743,261,0794,182,6613,893,7905,497,9684,570,2014,321,4763,204,6953,724,9643,928,0351,632,129720,191983,937971,381
loans960,0001,000,000269,418319,418
hp & lease commitments21,051131,489209,205176,261100,62359,29656,26469,96464,23741,812
Accruals and Deferred Income
other liabilities400,000400,000400,000521,248550,0001,62217,925
provisions218,390238,333314,31924,75834,00021,5005,70019,59015,1092,2762,5191,6326,651
total long term liabilities239,441369,822523,524601,019500,623459,2961,050,2641,091,464339,355380,820536,357552,2762,5193,25424,576
total liabilities4,437,6955,884,7963,784,6034,783,6804,394,4135,957,2645,620,4655,412,9403,544,0504,105,7844,464,3922,184,405722,710987,191995,957
net assets16,707,25716,650,44517,141,45217,000,58314,854,07213,435,89811,719,2999,649,8058,342,6677,912,4897,300,6577,105,9427,041,0366,882,4606,833,631
total shareholders funds16,707,25716,650,44517,141,45217,000,58314,854,07213,435,89811,719,2999,649,8058,342,6677,912,4897,300,6577,105,9427,041,0366,882,4606,833,631
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit248,297-394,495512,4371,484,0741,324,5422,247,1922,184,7971,741,840608,217857,592246,46485,227209,85165,8649,425,038
Depreciation262,804398,751338,832159,723140,061111,083107,64679,99080,76554,29451,97634,11342,77759,26776,941
Amortisation
Tax-49,95275,986-255,966239,042197,045-417,952-469,044-345,750-115,610-167,718-52,038-19,700-50,407-17,524-2,639,432
Stock-822,8193,246,6241,041,302-299,982-1,275,5242,103,1692,344,5432,637,554262,44493,7731,985,172707,978-187,521523,4824,880,565
Debtors-211,434894,635-2,289,130926,069-137,7957,921-660,9821,177,302-324,899333,814128,321872,894-81,005129,8651,318,507
Creditors-124,913-204,417-3,295246,726-85,173161,712146,474-138,28952,797-3,095,5862,295,906912,947-264,75512,556971,381
Accruals and Deferred Income138,560-58,579-920,523-164,560-417,304341,554811,495908,93297,889829,196
Deferred Taxes & Provisions-19,943-75,986289,56124,758-34,00012,50015,800-13,8904,48112,833-243887-5,0196,651
Cash flow from operations1,489,106-4,399,9991,208,8741,363,6762,572,490298,4991,110,307-1,552,333772,623-1,945,328441,648-568,528206,879-538,2031,641,507
Investing Activities
capital expenditure96,16148,621-903,079-534,625-181,015-91,312-185,952-10,999-608,242-3,62611,003-1,884-447,774
Change in Investments450,000455,375-740,823506,909-506,909-75,601169,32034,000657,730
cash flow from investments96,16148,621-903,079-984,625-181,015-546,687554,871-517,908-101,33371,975-158,317-35,884-1,105,504
Financing Activities
Bank loans-1,500,0001,500,000
Group/Directors Accounts-330,004998,70539,319-30,788249,783-1,0091,009
Other Short Term Loans -29,0405,5734,64825218,567-140,344-751,175891,519
Long term loans-960,000-40,000730,582-50,000319,418
Hire Purchase and Lease Commitments-161,802-207,15241,213262,87962,76522,771-5,2236,84333,92763,248
other long term liabilities-400,000400,000-521,248-28,752550,000-1,622-16,30317,925
share issue-60-19,930-1,046-1,046-1,046-1,04646,520
interest-141,533-111,4186,558-26,605-42,333-51,561-40,554-27,872-21,709-58,1121,3344251781,5351,505
cash flow from financing-2,162,3792,185,708-308,262205,738288,722-588,790-85,777569,209-788,957674,895-28,464548,370-1,481-15,81465,950
cash and cash equivalents
cash2,929-2,084,701-174,6271,090,2461,062,622-118,231153,773-8,929-172,119-158,091311,85251,81747,081-589,901601,953
overdraft580,041142,049-50,00050,000-1,391,489404,762-717,721485,36668,7181,150,364
change in cash-577,112-2,226,750-124,6271,040,2462,454,111-522,993871,494-494,295-240,837-1,308,455311,85251,81747,081-589,901601,953

d. noble limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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D. Noble Limited Competitor Analysis

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Perform a competitor analysis for d. noble limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WF10 area or any other competitors across 12 key performance metrics.

d. noble limited Ownership

D. NOBLE LIMITED Shareholders

d noble holdings castleford ltd 100%

d. noble limited directors

D. Noble Limited currently has 2 directors. The longest serving directors include Mr Christopher Noble (Dec 1991) and Mr Dennis Noble (Dec 1991).

officercountryagestartendrole
Mr Christopher Noble62 years Dec 1991- Director
Mr Dennis NobleUnited Kingdom90 years Dec 1991- Director

P&L

April 2024

turnover

8.2m

+14%

operating profit

248.3k

-163%

gross margin

17.1%

+86.96%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

16.7m

0%

total assets

21.1m

-0.06%

cash

15.7k

+0.23%

net assets

Total assets minus all liabilities

d. noble limited company details

company number

00874002

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

41202 - Construction of domestic buildings

68310 - Real estate agencies

incorporation date

March 1966

age

59

incorporated

UK

ultimate parent company

accounts

Medium Company

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

SMH JOLLIFFE CORK AUDIT LTD

address

noble house, perseverance street, castleford, west yorkshire, WF10 1LD

Bank

YORKSHIRE BANK PLC, YORKSHIRE BANK PLC, YORKSHIRE BANK PLC

Legal Advisor

-

d. noble 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 36 charges/mortgages relating to d. noble limited. Currently there are 13 open charges and 23 have been satisfied in the past.

d. noble 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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d. noble limited Companies House Filings - See Documents

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