noulin developments limited

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noulin developments limited Company Information

Share NOULIN DEVELOPMENTS LIMITED

Company Number

00993818

Shareholders

mr g.m. noulton

miss j. noulton

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

40 kimbolton road, bedford, bedfordshire, MK40 2NR

Website

-

noulin developments limited Estimated Valuation

£526.2k

Pomanda estimates the enterprise value of NOULIN DEVELOPMENTS LIMITED at £526.2k based on a Turnover of £226.2k and 2.33x industry multiple (adjusted for size and gross margin).

noulin developments limited Estimated Valuation

£177.4k

Pomanda estimates the enterprise value of NOULIN DEVELOPMENTS LIMITED at £177.4k based on an EBITDA of £38k and a 4.67x industry multiple (adjusted for size and gross margin).

noulin developments limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of NOULIN DEVELOPMENTS LIMITED at £1.1m based on Net Assets of £617.3k and 1.76x industry multiple (adjusted for liquidity).

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Noulin Developments Limited Overview

Noulin Developments Limited is a live company located in bedfordshire, MK40 2NR with a Companies House number of 00993818. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 1970, it's largest shareholder is mr g.m. noulton with a 51% stake. Noulin Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £226.2k with healthy growth in recent years.

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Noulin Developments Limited Health Check

Pomanda's financial health check has awarded Noulin Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £226.2k, make it smaller than the average company (£830.1k)

£226.2k - Noulin Developments Limited

£830.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.2%)

5% - Noulin Developments Limited

2.2% - Industry AVG

production

Production

with a gross margin of 28.9%, this company has a higher cost of product (72.5%)

28.9% - Noulin Developments Limited

72.5% - Industry AVG

profitability

Profitability

an operating margin of 16.8% make it less profitable than the average company (26.9%)

16.8% - Noulin Developments Limited

26.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Noulin Developments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)

£31.1k - Noulin Developments Limited

£31.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £226.2k, this is more efficient (£178.1k)

£226.2k - Noulin Developments Limited

£178.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 97 days, this is later than average (33 days)

97 days - Noulin Developments Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 142 days, this is slower than average (35 days)

142 days - Noulin Developments Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Noulin Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Noulin Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (67.1%)

9.6% - Noulin Developments Limited

67.1% - Industry AVG

NOULIN DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Noulin Developments Limited's latest turnover from May 2023 is estimated at £226.2 thousand and the company has net assets of £617.3 thousand. According to their latest financial statements, we estimate that Noulin Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover226,243294,004176,496196,924359,918408,412539,511416,559565,407646,255765,794866,093123,34125,876
Other Income Or Grants00000000000000
Cost Of Sales160,802210,920128,229138,638254,164282,503363,587285,354407,565469,883569,028633,16590,04018,095
Gross Profit65,44183,08448,26758,287105,754125,910175,925131,205157,843176,372196,765232,92833,3027,781
Admin Expenses27,46295,05369,70697,381127,134147,179193,464149,511185,340200,414210,311141,488-1,127-975,986
Operating Profit37,979-11,969-21,439-39,094-21,380-21,269-17,539-18,306-27,497-24,042-13,54691,44034,429983,767
Interest Payable00000000000000
Interest Receivable0000006220317623622144545087
Pre-Tax Profit37,979-11,969-21,439-39,094-21,380-21,269-17,477-18,103-27,321-23,806-13,32591,88634,878983,854
Tax-9,4950000000000-22,053-9,068-275,479
Profit After Tax28,484-11,969-21,439-39,094-21,380-21,269-17,477-18,103-27,321-23,806-13,32569,83325,810708,375
Dividends Paid00000000000000
Retained Profit28,484-11,969-21,439-39,094-21,380-21,269-17,477-18,103-27,321-23,806-13,32569,83325,810708,375
Employee Costs31,15030,31127,55327,91127,62953,18151,41152,41252,50050,00072,29372,27423,50024,689
Number Of Employees11111222223311
EBITDA*37,979-11,969-21,439-39,094-21,380-21,269-17,539-18,202-27,359-23,940-13,42391,60334,641983,815

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets596,055596,244596,499596,836597,285597,884595,721595,798595,902596,040595,857595,980587,145694,351
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets596,055596,244596,499596,836597,285597,884595,721595,798595,902596,040595,857595,980587,145694,351
Stock & work in progress00000000000000
Trade Debtors60,59177,13646,80948,45886,394103,760131,578100,230131,291150,768179,057203,05728,0574,554
Group Debtors00000000000000
Misc Debtors25,87815,7217,3692,6670000000000
Cash000000049,88131,48038,82555,43232,983145,05934,840
misc current assets00000000000000
total current assets86,46992,85754,17851,12586,394103,760131,578150,111162,771189,593234,489236,040173,11639,394
total assets682,524689,101650,677647,961683,679701,644727,299745,909758,673785,633830,346832,020760,261733,745
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 62,90898,08247,40123,66520,40117,06821,49124,34619,00718,64639,55327,90225,97625,270
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities62,90898,08247,40123,66520,40117,06821,49124,34619,00718,64639,55327,90225,97625,270
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income2,2972,1842,4722,0531,9411,8591,7780000000
other liabilities00000000000000
provisions000000440000000
total long term liabilities2,2972,1842,4722,0531,9411,8591,8220000000
total liabilities65,205100,26649,87325,71822,34218,92723,31324,34619,00718,64639,55327,90225,97625,270
net assets617,319588,835600,804622,243661,337682,717703,986721,563739,666766,987790,793804,118734,285708,475
total shareholders funds617,319588,835600,804622,243661,337682,717703,986721,563739,666766,987790,793804,118734,285708,475
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit37,979-11,969-21,439-39,094-21,380-21,269-17,539-18,306-27,497-24,042-13,54691,44034,429983,767
Depreciation000000010413810212316321248
Amortisation00000000000000
Tax-9,4950000000000-22,053-9,068-275,479
Stock00000000000000
Debtors-6,38838,6793,053-35,269-17,366-27,81831,348-31,061-19,477-28,289-24,000175,00023,5034,554
Creditors-35,17450,68123,7363,2643,333-4,423-2,8555,339361-20,90711,6511,92670625,270
Accruals and Deferred Income113-28841911282811,7780000000
Deferred Taxes & Provisions00000-44440000000
Cash flow from operations-189-255-337-449-5992,163-49,92018,198-7,521-16,55822,228-103,5242,776729,052
Investing Activities
capital expenditure189255337449599-2,1637700-2850-8,998106,994-694,399
Change in Investments00000000000000
cash flow from investments189255337449599-2,1637700-2850-8,998106,994-694,399
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000-100000000100
interest0000006220317623622144545087
cash flow from financing000000-38203176236221445450187
cash and cash equivalents
cash000000-49,88118,401-7,345-16,60722,449-112,076110,21934,840
overdraft00000000000000
change in cash000000-49,88118,401-7,345-16,60722,449-112,076110,21934,840

noulin developments 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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Noulin Developments Limited Competitor Analysis

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Perform a competitor analysis for noulin developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in MK40 area or any other competitors across 12 key performance metrics.

noulin developments limited Ownership

NOULIN DEVELOPMENTS LIMITED group structure

Noulin Developments Limited has no subsidiary companies.

Ultimate parent company

NOULIN DEVELOPMENTS LIMITED

00993818

NOULIN DEVELOPMENTS LIMITED Shareholders

mr g.m. noulton 51%
miss j. noulton 24%
mr s. noulton 24%
mrs a.m. noulton 1%

noulin developments limited directors

Noulin Developments Limited currently has 2 directors. The longest serving directors include Mr Gerald Montgomerie (Oct 1991) and Mrs Ann Noulton (Oct 1991).

officercountryagestartendrole
Mr Gerald Montgomerie88 years Oct 1991- Director
Mrs Ann Noulton82 years Oct 1991- Director

P&L

May 2023

turnover

226.2k

-23%

operating profit

38k

0%

gross margin

29%

+2.35%

turnover

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

Balance Sheet

May 2023

net assets

617.3k

+0.05%

total assets

682.5k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

noulin developments limited company details

company number

00993818

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 1970

age

55

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2023

previous names

N/A

accountant

-

auditor

-

address

40 kimbolton road, bedford, bedfordshire, MK40 2NR

Bank

-

Legal Advisor

-

noulin developments 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 12 charges/mortgages relating to noulin developments limited. Currently there are 1 open charges and 11 have been satisfied in the past.

noulin developments 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 NOULIN DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

noulin developments limited Companies House Filings - See Documents

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