nadeem & co. (knitwear) limited
nadeem & co. (knitwear) limited Company Information
Company Number
01285598
Website
-Registered Address
bushbury house, 435 wilmslow road, withington, manchester, M20 4AF
Industry
Buying and selling of own real estate
Telephone
02086212298
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mohammed amin 50%
abrar ahmed 50%
nadeem & co. (knitwear) limited Estimated Valuation
Pomanda estimates the enterprise value of NADEEM & CO. (KNITWEAR) LIMITED at £1.4m based on a Turnover of £570.5k and 2.39x industry multiple (adjusted for size and gross margin).
nadeem & co. (knitwear) limited Estimated Valuation
Pomanda estimates the enterprise value of NADEEM & CO. (KNITWEAR) LIMITED at £0 based on an EBITDA of £-29.1k and a 5.89x industry multiple (adjusted for size and gross margin).
nadeem & co. (knitwear) limited Estimated Valuation
Pomanda estimates the enterprise value of NADEEM & CO. (KNITWEAR) LIMITED at £1.2m based on Net Assets of £975.1k and 1.23x 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 £570.5k with high 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 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £570.5k, make it smaller than the average company (£953.9k)
- Nadeem & Co. (knitwear) Limited
£953.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (1.7%)
- Nadeem & Co. (knitwear) Limited
1.7% - Industry AVG
Production
with a gross margin of 70.2%, this company has a comparable cost of product (70.2%)
- Nadeem & Co. (knitwear) Limited
70.2% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (42.8%)
- Nadeem & Co. (knitwear) Limited
42.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Nadeem & Co. (knitwear) Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Nadeem & Co. (knitwear) Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £190.2k, this is equally as efficient (£190.2k)
- Nadeem & Co. (knitwear) Limited
£190.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Nadeem & Co. (knitwear) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Nadeem & Co. (knitwear) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nadeem & Co. (knitwear) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (8 weeks)
40 weeks - Nadeem & Co. (knitwear) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.8%, this is a lower level of debt than the average (63.3%)
10.8% - Nadeem & Co. (knitwear) Limited
63.3% - Industry AVG
NADEEM & CO. (KNITWEAR) LIMITED financials
Nadeem & Co. (Knitwear) Limited's latest turnover from December 2022 is estimated at £570.5 thousand and the company has net assets of £975.1 thousand. According to their latest financial statements, Nadeem & Co. (Knitwear) Limited has 3 employees and maintains cash reserves of £92.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 64,234 | 49,918 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 24,657 | 34,456 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 1 | 9 | ||||||||||||
| Pre-Tax Profit | 24,658 | 34,365 | ||||||||||||
| Tax | -5,179 | -7,217 | ||||||||||||
| Profit After Tax | 19,479 | 27,148 | ||||||||||||
| Dividends Paid | 20,000 | 27,000 | ||||||||||||
| Retained Profit | -521 | 148 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| EBITDA* | 24,776 | 34,596 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 97 | 114 | 134 | 157 | 1,000,185 | 1,000,218 | 1,000,256 | 1,000,301 | 1,000,354 | 1,000,416 | 1,000,489 | 1,000,575 | 1,000,676 | 1,000,795 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 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 | 1,000,097 | 1,000,114 | 1,000,134 | 1,000,157 | 1,000,185 | 1,000,218 | 1,000,256 | 1,000,301 | 1,000,354 | 1,000,416 | 1,000,489 | 1,000,575 | 1,000,676 | 1,000,795 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 669 | 6,665 | 1,558 | 1,581 | 500 | 1,126 | 6,490 | 5,837 | 1,500 | 9,050 | 17,377 | 17,395 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 5,247 | 6,876 | 1,425 | 1,456 | 1,370 | 1,542 | 0 | 0 | 0 | 0 | 1,246 | 1,359 |
| Cash | 92,846 | 55,749 | 51,510 | 69,521 | 43,271 | 37,687 | 32,503 | 16,782 | 18,558 | 4,788 | 13,052 | 10,624 | 5,224 | 10,958 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 92,846 | 55,749 | 57,426 | 83,062 | 46,254 | 40,724 | 34,373 | 19,450 | 25,048 | 10,625 | 14,552 | 19,674 | 23,847 | 29,712 |
| total assets | 1,092,943 | 1,055,863 | 1,057,560 | 1,083,219 | 1,046,439 | 1,040,942 | 1,034,629 | 1,019,751 | 1,025,402 | 1,011,041 | 1,015,041 | 1,020,249 | 1,024,523 | 1,030,507 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,192 | 13,313 | 10,663 | 17,932 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,682 | 12,598 | 19,514 | 17,433 | 20,353 | 22,294 |
| 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 | 117,804 | 54,214 | 56,142 | 77,058 | 56,889 | 51,699 | 36,918 | 29,943 | 0 | 0 | 0 | 0 | 19,710 | 23,218 |
| total current liabilities | 117,804 | 54,214 | 56,142 | 77,058 | 56,889 | 51,699 | 36,918 | 29,943 | 34,874 | 25,911 | 30,177 | 35,365 | 40,063 | 45,512 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 15 | 18 | 21 | 25 | 29 | 34 | 39 | 46 | 54 | 58 | 67 | 83 | 101 | 115 |
| total long term liabilities | 15 | 18 | 21 | 25 | 29 | 34 | 39 | 46 | 54 | 58 | 67 | 83 | 101 | 115 |
| total liabilities | 117,819 | 54,232 | 56,163 | 77,083 | 56,918 | 51,733 | 36,957 | 29,989 | 34,928 | 25,969 | 30,244 | 35,448 | 40,164 | 45,627 |
| net assets | 975,124 | 1,001,631 | 1,001,397 | 1,006,136 | 989,521 | 989,209 | 997,672 | 989,762 | 990,474 | 985,072 | 984,797 | 984,801 | 984,359 | 984,880 |
| total shareholders funds | 975,124 | 1,001,631 | 1,001,397 | 1,006,136 | 989,521 | 989,209 | 997,672 | 989,762 | 990,474 | 985,072 | 984,797 | 984,801 | 984,359 | 984,880 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 24,657 | 34,456 | ||||||||||||
| Depreciation | 17 | 20 | 23 | 28 | 33 | 38 | 45 | 53 | 62 | 73 | 86 | 101 | 119 | 140 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -5,179 | -7,217 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -5,916 | -7,625 | 10,558 | -54 | 1,167 | -798 | -3,822 | 653 | 4,337 | -7,550 | -9,573 | -131 | 18,754 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,192 | 1,879 | 2,650 | -7,269 | 17,932 | 0 | 0 |
| Accruals and Deferred Income | 63,590 | -1,928 | -20,916 | 20,169 | 5,190 | 14,781 | 6,975 | 29,943 | 0 | 0 | 0 | -19,710 | -3,508 | 23,218 |
| Deferred Taxes & Provisions | -3 | -3 | -4 | -4 | -5 | -5 | -7 | -8 | -4 | -9 | -16 | -18 | -14 | 115 |
| Cash flow from operations | 16,206 | 31,958 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 1,000,000 | 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 | -19,682 | 7,084 | -6,916 | 2,081 | -2,920 | -1,941 | 22,294 |
| 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 | 1 | 9 | ||||||||||||
| cash flow from financing | -1,940 | 1,007,035 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 37,097 | 4,239 | -18,011 | 26,250 | 5,584 | 5,184 | 15,721 | -1,776 | 13,770 | -8,264 | 2,428 | 5,400 | -5,734 | 10,958 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 37,097 | 4,239 | -18,011 | 26,250 | 5,584 | 5,184 | 15,721 | -1,776 | 13,770 | -8,264 | 2,428 | 5,400 | -5,734 | 10,958 |
nadeem & co. (knitwear) limited Credit Report and Business Information
Nadeem & Co. (knitwear) Limited Competitor Analysis
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 directors
Nadeem & Co. (Knitwear) Limited currently has 3 directors. The longest serving directors include Ms Nasreen Abrar (Nov 1976) and Mrs Nasim Amin (Dec 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nasreen Abrar | 74 years | Nov 1976 | - | Director | |
| Mrs Nasim Amin | United Kingdom | 72 years | Dec 1991 | - | Director |
| Mr Mohammed Amin | 85 years | Dec 1991 | - | Director |
P&L
December 2022turnover
570.5k
-5%
operating profit
-29.1k
0%
gross margin
70.3%
-0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
975.1k
-0.03%
total assets
1.1m
+0.04%
cash
92.8k
+0.67%
net assets
Total assets minus all liabilities
Similar Companies
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
48
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
bushbury house, 435 wilmslow road, withington, manchester, M20 4AF
accountant
-
auditor
-
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 Companies House Filings - See Documents
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