noulin developments limited Company Information
Company Number
00993818
Next Accounts
Feb 2025
Shareholders
mr g.m. noulton
miss j. noulton
View AllGroup Structure
View All
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
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
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
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).
Edit your figures and get a professional valuation report.
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
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4 Strong
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1 Regular
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5 Weak
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Size
annual sales of £226.2k, make it smaller than the average company (£830.1k)
- Noulin Developments Limited
£830.1k - Industry AVG
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Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.2%)
- Noulin Developments Limited
2.2% - Industry AVG
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Production
with a gross margin of 28.9%, this company has a higher cost of product (72.5%)
- Noulin Developments Limited
72.5% - Industry AVG
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Profitability
an operating margin of 16.8% make it less profitable than the average company (26.9%)
- Noulin Developments Limited
26.9% - Industry AVG
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Employees
with 1 employees, this is below the industry average (4)
- Noulin Developments Limited
4 - Industry AVG
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Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Noulin Developments Limited
£31.1k - Industry AVG
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Efficiency
resulting in sales per employee of £226.2k, this is more efficient (£178.1k)
- Noulin Developments Limited
£178.1k - Industry AVG
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Debtor Days
it gets paid by customers after 97 days, this is later than average (33 days)
- Noulin Developments Limited
33 days - Industry AVG
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Creditor Days
its suppliers are paid after 142 days, this is slower than average (35 days)
- Noulin Developments Limited
35 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Noulin Developments Limited
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Noulin Developments Limited
- - Industry AVG
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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
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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 House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 596,055 | 596,244 | 596,499 | 596,836 | 597,285 | 597,884 | 595,721 | 595,798 | 595,902 | 596,040 | 595,857 | 595,980 | 587,145 | 694,351 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 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 |
Total Fixed Assets | 596,055 | 596,244 | 596,499 | 596,836 | 597,285 | 597,884 | 595,721 | 595,798 | 595,902 | 596,040 | 595,857 | 595,980 | 587,145 | 694,351 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 60,591 | 77,136 | 46,809 | 48,458 | 86,394 | 103,760 | 131,578 | 100,230 | 131,291 | 150,768 | 179,057 | 203,057 | 28,057 | 4,554 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 25,878 | 15,721 | 7,369 | 2,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49,881 | 31,480 | 38,825 | 55,432 | 32,983 | 145,059 | 34,840 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 86,469 | 92,857 | 54,178 | 51,125 | 86,394 | 103,760 | 131,578 | 150,111 | 162,771 | 189,593 | 234,489 | 236,040 | 173,116 | 39,394 |
total assets | 682,524 | 689,101 | 650,677 | 647,961 | 683,679 | 701,644 | 727,299 | 745,909 | 758,673 | 785,633 | 830,346 | 832,020 | 760,261 | 733,745 |
Bank overdraft | 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 |
Trade Creditors | 62,908 | 98,082 | 47,401 | 23,665 | 20,401 | 17,068 | 21,491 | 24,346 | 19,007 | 18,646 | 39,553 | 27,902 | 25,976 | 25,270 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 62,908 | 98,082 | 47,401 | 23,665 | 20,401 | 17,068 | 21,491 | 24,346 | 19,007 | 18,646 | 39,553 | 27,902 | 25,976 | 25,270 |
loans | 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 |
Accruals and Deferred Income | 2,297 | 2,184 | 2,472 | 2,053 | 1,941 | 1,859 | 1,778 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 2,297 | 2,184 | 2,472 | 2,053 | 1,941 | 1,859 | 1,822 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 65,205 | 100,266 | 49,873 | 25,718 | 22,342 | 18,927 | 23,313 | 24,346 | 19,007 | 18,646 | 39,553 | 27,902 | 25,976 | 25,270 |
net assets | 617,319 | 588,835 | 600,804 | 622,243 | 661,337 | 682,717 | 703,986 | 721,563 | 739,666 | 766,987 | 790,793 | 804,118 | 734,285 | 708,475 |
total shareholders funds | 617,319 | 588,835 | 600,804 | 622,243 | 661,337 | 682,717 | 703,986 | 721,563 | 739,666 | 766,987 | 790,793 | 804,118 | 734,285 | 708,475 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 104 | 138 | 102 | 123 | 163 | 212 | 48 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -6,388 | 38,679 | 3,053 | -35,269 | -17,366 | -27,818 | 31,348 | -31,061 | -19,477 | -28,289 | -24,000 | 175,000 | 23,503 | 4,554 |
Creditors | -35,174 | 50,681 | 23,736 | 3,264 | 3,333 | -4,423 | -2,855 | 5,339 | 361 | -20,907 | 11,651 | 1,926 | 706 | 25,270 |
Accruals and Deferred Income | 113 | -288 | 419 | 112 | 82 | 81 | 1,778 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -44 | 44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 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 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -49,881 | 18,401 | -7,345 | -16,607 | 22,449 | -112,076 | 110,219 | 34,840 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -49,881 | 18,401 | -7,345 | -16,607 | 22,449 | -112,076 | 110,219 | 34,840 |
noulin developments limited Credit Report and Business Information
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 directors
Noulin Developments Limited currently has 2 directors. The longest serving directors include Mr Gerald Montgomerie (Oct 1991) and Mrs Ann Noulton (Oct 1991).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gerald Montgomerie | 88 years | Oct 1991 | - | Director | |
Mrs Ann Noulton | 82 years | Oct 1991 | - | Director |
P&L
May 2023turnover
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 2023net 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
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.
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noulin developments limited Companies House Filings - See Documents
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