nadeem & co. (knitwear) limited

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nadeem & co. (knitwear) limited Company Information

Share NADEEM & CO. (KNITWEAR) LIMITED

Company Number

01285598

Shareholders

mohammed amin

abrar ahmed

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

bushbury house, 435 wilmslow road, withington, manchester, M20 4AF

Website

-

nadeem & co. (knitwear) limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of NADEEM & CO. (KNITWEAR) LIMITED at £1.7m based on a Turnover of £554.9k and 3.06x industry multiple (adjusted for size and gross margin).

nadeem & co. (knitwear) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NADEEM & CO. (KNITWEAR) LIMITED at £0 based on an EBITDA of £-5.8k and a 6.57x industry multiple (adjusted for size and gross margin).

nadeem & co. (knitwear) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of NADEEM & CO. (KNITWEAR) LIMITED at £1.5m based on Net Assets of £973.1k and 1.58x industry multiple (adjusted for liquidity).

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Nadeem & Co. (knitwear) Limited Overview

Nadeem & Co. (knitwear) Limited is a live company located in withington, M20 4AF with a Companies House number of 01285598. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 1976, it's largest shareholder is mohammed amin with a 50% stake. Nadeem & Co. (knitwear) Limited is a mature, small sized company, Pomanda has estimated its turnover at £554.9k with rapid growth in recent years.

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Nadeem & Co. (knitwear) Limited Health Check

Pomanda's financial health check has awarded Nadeem & Co. (Knitwear) Limited a 4 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 Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £554.9k, make it smaller than the average company (£919.3k)

£554.9k - Nadeem & Co. (knitwear) Limited

£919.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (2.8%)

38% - Nadeem & Co. (knitwear) Limited

2.8% - Industry AVG

production

Production

with a gross margin of 70.5%, this company has a comparable cost of product (70.5%)

70.5% - Nadeem & Co. (knitwear) Limited

70.5% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (24%)

-1% - Nadeem & Co. (knitwear) Limited

24% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Nadeem & Co. (knitwear) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £4.3k, the company has a lower pay structure (£38k)

£4.3k - Nadeem & Co. (knitwear) Limited

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £185k, this is equally as efficient (£185k)

£185k - Nadeem & Co. (knitwear) Limited

£185k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Nadeem & Co. (knitwear) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Nadeem & Co. (knitwear) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nadeem & Co. (knitwear) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (8 weeks)

34 weeks - Nadeem & Co. (knitwear) Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.5%, this is a lower level of debt than the average (64.3%)

7.5% - Nadeem & Co. (knitwear) Limited

64.3% - Industry AVG

NADEEM & CO. (KNITWEAR) LIMITED financials

EXPORTms excel logo

Nadeem & Co. (Knitwear) Limited's latest turnover from December 2023 is estimated at £554.9 thousand and the company has net assets of £973.1 thousand. According to their latest financial statements, Nadeem & Co. (Knitwear) Limited has 3 employees and maintains cash reserves of £52.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover554,916557,822596,975213,319317,635240,702225,039218,503238,70875,70365,93124,06096,13864,23449,918
Other Income Or Grants
Cost Of Sales163,886168,565178,99362,48195,36276,65472,05473,23880,18230,19326,7009,25635,56424,588
Gross Profit391,030389,257417,982150,838222,273164,048152,985145,266158,52645,51039,23214,80460,57339,646
Admin Expenses396,824418,364417,827155,638202,184163,966161,623135,440159,32638,73038,91914,86760,01514,989-34,456
Operating Profit-5,794-29,107155-4,80020,08982-8,6389,826-8006,780313-6355824,65734,456
Interest Payable
Interest Receivable3,8072,6001346142330417562885845594019
Pre-Tax Profit-1,987-26,507289-4,73920,512385-8,4639,888-7126,838357-459724,65834,365
Tax-55-3,897-73-1,977-1,436-82-155-5,179-7,217
Profit After Tax-1,987-26,507234-4,73916,615312-8,4637,910-7125,402275-444219,47927,148
Dividends Paid20,00027,000
Retained Profit-1,987-26,507234-4,73916,615312-8,4637,910-7125,402275-4442-521148
Employee Costs12,82015,120110,012111,054122,500116,591107,218111,884113,16035,72235,61633,51733,55634,128
Number Of Employees33333333311111
EBITDA*-5,780-29,090175-4,77720,117115-8,6009,871-7476,8423862365924,77634,596

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets83971141341571,000,1851,000,2181,000,2561,000,3011,000,3541,000,4161,000,4891,000,5751,000,6761,000,795
Intangible Assets
Investments & Other1,000,0001,000,0001,000,0001,000,0001,000,000
Debtors (Due After 1 year)
Total Fixed Assets1,000,0831,000,0971,000,1141,000,1341,000,1571,000,1851,000,2181,000,2561,000,3011,000,3541,000,4161,000,4891,000,5751,000,6761,000,795
Stock & work in progress
Trade Debtors6696,6651,5581,5815001,1266,4905,8371,5009,05017,37717,395
Group Debtors
Misc Debtors5,2476,8761,4251,4561,3701,5421,2461,359
Cash52,18992,84655,74951,51069,52143,27137,68732,50316,78218,5584,78813,05210,6245,22410,958
misc current assets
total current assets52,18992,84655,74957,42683,06246,25440,72434,37319,45025,04810,62514,55219,67423,84729,712
total assets1,052,2721,092,9431,055,8631,057,5601,083,2191,046,4391,040,9421,034,6291,019,7511,025,4021,011,0411,015,0411,020,2491,024,5231,030,507
Bank overdraft
Bank loan
Trade Creditors 15,19213,31310,66317,932
Group/Directors Accounts19,68212,59819,51417,43320,35322,294
other short term finances
hp & lease commitments
other current liabilities79,122117,80454,21456,14277,05856,88951,69936,91829,94319,71023,218
total current liabilities79,122117,80454,21456,14277,05856,88951,69936,91829,94334,87425,91130,17735,36540,06345,512
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions13151821252934394654586783101115
total long term liabilities13151821252934394654586783101115
total liabilities79,135117,81954,23256,16377,08356,91851,73336,95729,98934,92825,96930,24435,44840,16445,627
net assets973,137975,1241,001,6311,001,3971,006,136989,521989,209997,672989,762990,474985,072984,797984,801984,359984,880
total shareholders funds973,137975,1241,001,6311,001,3971,006,136989,521989,209997,672989,762990,474985,072984,797984,801984,359984,880
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-5,794-29,107155-4,80020,08982-8,6389,826-8006,780313-6355824,65734,456
Depreciation141720232833384553627386101119140
Amortisation
Tax-55-3,897-73-1,977-1,436-82-155-5,179-7,217
Stock
Debtors-5,916-7,62510,558-541,167-798-3,8226534,337-7,550-9,573-13118,754
Creditors-15,1921,8792,650-7,26917,932
Accruals and Deferred Income-38,68263,590-1,928-20,91620,1695,19014,7816,97529,943-19,710-3,50823,218
Deferred Taxes & Provisions-2-3-3-4-4-5-5-7-8-4-9-16-18-14115
Cash flow from operations-44,46434,4974,105-18,07225,8275,2815,00915,66017,8186,628-1,3922888,28116,20631,958
Investing Activities
capital expenditure1,000,000-1,000,935
Change in Investments1,000,000
cash flow from investments-1,000,935
Financing Activities
Bank loans
Group/Directors Accounts-19,6827,084-6,9162,081-2,920-1,94122,294
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue984,732
interest3,8072,6001346142330417562885845594019
cash flow from financing3,8072,6001346142330417562-19,5947,142-6,8712,140-2,880-1,9401,007,035
cash and cash equivalents
cash-40,65737,0974,239-18,01126,2505,5845,18415,721-1,77613,770-8,2642,4285,400-5,73410,958
overdraft
change in cash-40,65737,0974,239-18,01126,2505,5845,18415,721-1,77613,770-8,2642,4285,400-5,73410,958

nadeem & co. (knitwear) 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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Nadeem & Co. (knitwear) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nadeem & co. (knitwear) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M20 area or any other competitors across 12 key performance metrics.

nadeem & co. (knitwear) limited Ownership

NADEEM & CO. (KNITWEAR) LIMITED group structure

Nadeem & Co. (Knitwear) Limited has no subsidiary companies.

Ultimate parent company

NADEEM & CO. (KNITWEAR) LIMITED

01285598

NADEEM & CO. (KNITWEAR) LIMITED Shareholders

mohammed amin 50%
abrar ahmed 50%

nadeem & co. (knitwear) limited directors

Nadeem & Co. (Knitwear) Limited currently has 3 directors. The longest serving directors include Ms Nasreen Abrar (Nov 1976) and Mr Mohammed Amin (Dec 1991).

officercountryagestartendrole
Ms Nasreen Abrar75 years Nov 1976- Director
Mr Mohammed Amin85 years Dec 1991- Director
Mrs Nasim AminUnited Kingdom73 years Dec 1991- Director

P&L

December 2023

turnover

554.9k

-1%

operating profit

-5.8k

0%

gross margin

70.5%

+0.98%

turnover

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

Balance Sheet

December 2023

net assets

973.1k

0%

total assets

1.1m

-0.04%

cash

52.2k

-0.44%

net assets

Total assets minus all liabilities

nadeem & co. (knitwear) limited company details

company number

01285598

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

November 1976

age

49

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

bushbury house, 435 wilmslow road, withington, manchester, M20 4AF

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

nadeem & co. (knitwear) 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 2 charges/mortgages relating to nadeem & co. (knitwear) limited. Currently there are 2 open charges and 0 have been satisfied in the past.

nadeem & co. (knitwear) 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 NADEEM & CO. (KNITWEAR) LIMITED. This can take several minutes, an email will notify you when this has completed.

nadeem & co. (knitwear) limited Companies House Filings - See Documents

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