ntex holdings limited
ntex holdings limited Company Information
Company Number
01375292
Next Accounts
Sep 2025
Shareholders
x ecotrans ltd
Group Structure
View All
Industry
Freight transport by road
Registered Address
scandinavian way, stallingborough, nr. grimsby, north east lincolnshire, DN41 8DU
Website
https://www.ntex.sentex holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NTEX HOLDINGS LIMITED at £26m based on a Turnover of £37.1m and 0.7x industry multiple (adjusted for size and gross margin).
ntex holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NTEX HOLDINGS LIMITED at £0 based on an EBITDA of £-1.2m and a 4.89x industry multiple (adjusted for size and gross margin).
ntex holdings limited Estimated Valuation
Pomanda estimates the enterprise value of NTEX HOLDINGS LIMITED at £10.4m based on Net Assets of £3.9m and 2.69x industry multiple (adjusted for liquidity).
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Ntex Holdings Limited Overview
Ntex Holdings Limited is a live company located in nr. grimsby, DN41 8DU with a Companies House number of 01375292. It operates in the freight transport by road sector, SIC Code 49410. Founded in June 1978, it's largest shareholder is x ecotrans ltd with a 100% stake. Ntex Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £37.1m with healthy growth in recent years.
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Ntex Holdings Limited Health Check
Pomanda's financial health check has awarded Ntex Holdings Limited a 3 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £37.1m, make it larger than the average company (£10.8m)
£37.1m - Ntex Holdings Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.9%)
10% - Ntex Holdings Limited
8.9% - Industry AVG
Production
with a gross margin of 8.4%, this company has a higher cost of product (22.2%)
8.4% - Ntex Holdings Limited
22.2% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (5.2%)
-3.5% - Ntex Holdings Limited
5.2% - Industry AVG
Employees
with 84 employees, this is above the industry average (65)
84 - Ntex Holdings Limited
65 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£40.8k)
£41.4k - Ntex Holdings Limited
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £441.1k, this is more efficient (£141.1k)
£441.1k - Ntex Holdings Limited
£141.1k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (52 days)
24 days - Ntex Holdings Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (30 days)
16 days - Ntex Holdings Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ntex Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Ntex Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.2%, this is a higher level of debt than the average (60.3%)
73.2% - Ntex Holdings Limited
60.3% - Industry AVG
NTEX HOLDINGS LIMITED financials
Ntex Holdings Limited's latest turnover from December 2023 is £37.1 million and the company has net assets of £3.9 million. According to their latest financial statements, Ntex Holdings Limited has 84 employees and maintains cash reserves of £35.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 37,054,844 | 47,559,232 | 36,481,715 | 28,153,640 | 30,648,840 | 29,930,517 | 28,677,051 | 24,075,993 | 23,100,299 | 26,940,841 | 24,157,619 | 26,956,783 | 30,384,178 | 27,035,333 | 17,115,152 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 33,930,783 | 43,819,654 | 31,079,908 | 25,154,738 | 27,414,660 | 26,653,718 | 25,705,401 | 21,423,949 | 20,235,482 | 23,468,137 | 21,336,095 | 24,095,193 | 27,474,643 | 24,704,584 | 15,301,727 |
| Gross Profit | 3,124,061 | 3,739,578 | 5,401,807 | 2,998,902 | 3,234,180 | 3,276,799 | 2,971,650 | 2,652,044 | 2,864,817 | 3,472,704 | 2,821,524 | 2,861,590 | 2,909,535 | 2,330,749 | 1,813,425 |
| Admin Expenses | 4,438,372 | 4,033,520 | 2,988,694 | 2,648,047 | 2,697,193 | 2,790,160 | 2,562,009 | 2,475,304 | 2,616,022 | 2,701,468 | 2,335,000 | 2,127,048 | 2,175,725 | 2,209,326 | 1,746,557 |
| Operating Profit | -1,314,311 | -293,942 | 2,413,113 | 350,855 | 536,987 | 486,639 | 409,641 | 176,740 | 248,795 | 771,236 | 486,524 | 734,542 | 733,810 | 121,423 | 66,868 |
| Interest Payable | 328,027 | 128,119 | 87,143 | 97,110 | 145,286 | 149,972 | 37,038 | 44,940 | 65,966 | 68,292 | |||||
| Interest Receivable | 3 | 15,318 | 23,374 | 36,428 | 51,096 | 7 | |||||||||
| Pre-Tax Profit | -1,642,338 | -422,061 | 2,325,970 | 2,215,296 | 391,704 | 351,985 | 395,977 | 216,571 | 253,775 | 703,934 | 677,728 | 759,402 | 516,862 | 117,850 | 69,700 |
| Tax | 428,763 | 53,830 | -470,988 | -51,296 | -83,244 | -73,808 | -81,280 | -50,436 | -54,670 | -204,438 | -60,753 | -175,713 | -188,781 | -35,457 | -42,847 |
| Profit After Tax | -1,213,575 | -368,231 | 1,854,982 | 2,164,000 | 308,460 | 278,177 | 314,697 | 166,135 | 199,105 | 499,496 | 616,975 | 583,689 | 328,081 | 82,393 | 26,853 |
| Dividends Paid | 300,000 | 150,000 | 200,000 | 850,000 | 500,000 | 850,000 | |||||||||
| Retained Profit | -1,213,575 | -368,231 | 1,854,982 | 2,164,000 | 308,460 | -21,823 | 164,697 | -33,865 | -650,895 | -504 | -233,025 | 583,689 | 328,081 | 82,393 | 26,853 |
| Employee Costs | 3,479,081 | 3,466,600 | 3,172,847 | 2,822,212 | 2,840,850 | 3,119,951 | 2,924,606 | 2,716,738 | 2,987,674 | 2,875,147 | 2,466,905 | 1,976,176 | 1,769,777 | ||
| Number Of Employees | 84 | 95 | 77 | 75 | 73 | 79 | 75 | 75 | 80 | 78 | 73 | 67 | 65 | 67 | 67 |
| EBITDA* | -1,183,727 | -162,009 | 2,534,409 | 410,023 | 589,694 | 541,612 | 479,800 | 293,674 | 466,011 | 1,095,429 | 835,334 | 1,033,051 | 1,026,785 | 417,960 | 287,289 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 4,923,571 | 4,763,081 | 4,648,780 | 4,758,296 | 559,501 | 585,799 | 604,377 | 672,200 | 939,752 | 1,294,782 | 1,548,962 | 814,733 | 559,762 | 625,770 | 822,317 |
| Intangible Assets | 58,333 | 158,333 | 258,333 | 358,333 | 458,333 | ||||||||||
| Investments & Other | 5,038,461 | 5,038,461 | 2,930,384 | 2,930,384 | 7,553,211 | 7,553,211 | 1,250,000 | 1,250,263 | |||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 9,962,032 | 9,801,542 | 7,579,164 | 7,688,680 | 8,112,712 | 8,139,010 | 604,377 | 672,200 | 939,752 | 1,294,782 | 1,607,295 | 973,066 | 818,095 | 2,234,103 | 2,530,913 |
| Stock & work in progress | 31,811 | 47,860 | 58,140 | 42,037 | 60,104 | 16,187 | 8,637 | 42,309 | 24,791 | 35,289 | 15,578 | 38,547 | 568 | ||
| Trade Debtors | 2,506,120 | 3,838,680 | 4,500,037 | 3,851,316 | 3,830,502 | 4,298,352 | 4,766,706 | 3,978,602 | 2,809,752 | 4,219,535 | 3,978,015 | 4,476,661 | 6,607,425 | 4,727,078 | 4,819,689 |
| Group Debtors | 1,039,518 | 1,719,498 | 74,143 | 119,196 | 525,601 | 4,037 | 727,987 | 995,829 | 1,517,363 | 2,868,261 | 2,024,747 | 502,558 | 28,467 | 26,986 | |
| Misc Debtors | 816,098 | 1,816,907 | 1,213,638 | 640,882 | 279,671 | 185,845 | 139,427 | 133,311 | 133,695 | 76,752 | 105,672 | 28,612 | 92,898 | 88,603 | |
| Cash | 35,395 | 369,021 | 85,805 | 54,298 | 114,714 | 141,039 | 343,141 | 25,272 | 111,329 | 61,100 | 304,196 | 290,647 | 221,872 | 359,922 | 431,076 |
| misc current assets | |||||||||||||||
| total current assets | 4,397,131 | 7,744,106 | 5,905,434 | 4,713,552 | 4,808,628 | 4,671,310 | 6,037,365 | 5,149,201 | 4,580,776 | 7,267,957 | 6,437,421 | 5,333,767 | 6,937,773 | 5,242,617 | 5,278,319 |
| total assets | 14,359,163 | 17,545,648 | 13,484,598 | 12,402,232 | 12,921,340 | 12,810,320 | 6,641,742 | 5,821,401 | 5,520,528 | 8,562,739 | 8,044,716 | 6,306,833 | 7,755,868 | 7,476,720 | 7,809,232 |
| Bank overdraft | 3,208,935 | 3,591,672 | 827,729 | 1,241,707 | 2,442,367 | 2,444,521 | 876,439 | 271,227 | 153,878 | 990,352 | |||||
| Bank loan | 1,970,951 | 1,576,816 | 1,928,136 | 2,138,763 | 2,881,484 | ||||||||||
| Trade Creditors | 1,504,662 | 1,562,933 | 1,523,792 | 2,035,447 | 2,712,627 | 2,875,043 | 3,326,804 | 2,478,210 | 1,961,300 | 3,358,542 | 3,249,949 | 3,198,505 | 5,463,564 | 4,393,539 | 3,510,415 |
| Group/Directors Accounts | 3,478,823 | 1,898,717 | 1,369,072 | 1,910,002 | 3,350,723 | 1,932,172 | 246,640 | 123,232 | 2,151 | 740 | 740 | 740 | 11,361 | 896,593 | 998,619 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 1,015 | 1,479 | 8,925 | 24,787 | 31,783 | 26,000 | 115,624 | 123,210 | 184,038 | ||||||
| other current liabilities | 1,382,368 | 3,079,617 | 2,482,673 | 1,059,256 | 1,019,031 | 985,876 | 354,092 | 240,718 | 182,130 | 249,231 | 124,124 | 299,735 | 516,041 | 480,268 | 385,817 |
| total current liabilities | 9,574,788 | 10,132,939 | 6,203,266 | 6,247,427 | 9,526,227 | 7,764,042 | 5,504,352 | 4,770,296 | 4,293,269 | 6,514,784 | 5,851,117 | 4,401,419 | 6,377,817 | 6,047,488 | 6,069,241 |
| loans | 733,333 | 2,132,942 | 1,633,334 | 2,361,789 | 1,967,333 | 3,928,082 | 72,514 | 217,510 | 362,506 | 507,502 | |||||
| hp & lease commitments | 1,124 | 8,925 | 33,708 | 20,000 | 75,274 | 195,629 | |||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 287,499 | 576,785 | |||||||||||||
| provisions | 195,407 | 210,557 | 210,557 | 210,557 | 8,197 | 8,197 | 5,568 | 11,466 | 8,759 | 24,639 | 16,489 | ||||
| total long term liabilities | 928,740 | 2,343,499 | 1,843,891 | 2,572,346 | 1,976,654 | 3,936,279 | 5,568 | 83,980 | 226,269 | 396,070 | 541,210 | 20,000 | 379,262 | 772,414 | |
| total liabilities | 10,503,528 | 12,476,438 | 8,047,157 | 8,819,773 | 11,502,881 | 11,700,321 | 5,509,920 | 4,854,276 | 4,519,538 | 6,910,854 | 6,392,327 | 4,421,419 | 6,377,817 | 6,426,750 | 6,841,655 |
| net assets | 3,855,635 | 5,069,210 | 5,437,441 | 3,582,459 | 1,418,459 | 1,109,999 | 1,131,822 | 967,125 | 1,000,990 | 1,651,885 | 1,652,389 | 1,885,414 | 1,378,051 | 1,049,970 | 967,577 |
| total shareholders funds | 3,855,635 | 5,069,210 | 5,437,441 | 3,582,459 | 1,418,459 | 1,109,999 | 1,131,822 | 967,125 | 1,000,990 | 1,651,885 | 1,652,389 | 1,885,414 | 1,378,051 | 1,049,970 | 967,577 |
| Dec 2023 | 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 | -1,314,311 | -293,942 | 2,413,113 | 350,855 | 536,987 | 486,639 | 409,641 | 176,740 | 248,795 | 771,236 | 486,524 | 734,542 | 733,810 | 121,423 | 66,868 |
| Depreciation | 130,584 | 131,933 | 121,296 | 59,168 | 52,707 | 54,973 | 70,159 | 116,934 | 217,216 | 265,860 | 248,810 | 198,509 | 192,975 | 196,537 | 178,754 |
| Amortisation | 58,333 | 100,000 | 100,000 | 100,000 | 100,000 | 41,667 | |||||||||
| Tax | 428,763 | 53,830 | -470,988 | -51,296 | -83,244 | -73,808 | -81,280 | -50,436 | -54,670 | -204,438 | -60,753 | -175,713 | -188,781 | -35,457 | -42,847 |
| Stock | -31,811 | -16,049 | -10,280 | 16,103 | -18,067 | 43,917 | 7,550 | -33,672 | 17,518 | -10,498 | 19,711 | -22,969 | 37,979 | 568 | |
| Debtors | -3,013,349 | 1,587,267 | 1,176,424 | -24,380 | 147,540 | -1,145,886 | 526,378 | 646,932 | -2,703,738 | 1,056,114 | 1,100,603 | -1,692,492 | 1,856,175 | -2,527 | 4,846,675 |
| Creditors | -58,271 | 39,141 | -511,655 | -677,180 | -162,416 | -451,761 | 848,594 | 516,910 | -1,397,242 | 108,593 | 51,444 | -2,265,059 | 1,070,025 | 883,124 | 3,510,415 |
| Accruals and Deferred Income | -1,697,249 | 596,944 | 1,423,417 | 40,225 | 33,155 | 631,784 | 113,374 | 58,588 | -67,101 | 125,107 | -175,611 | -216,306 | 35,773 | 94,451 | 385,817 |
| Deferred Taxes & Provisions | -15,150 | 202,360 | 2,629 | -5,898 | 2,707 | -15,880 | 24,639 | -16,489 | 16,489 | ||||||
| Cash flow from operations | 487,715 | -1,027,550 | 1,814,808 | -41,208 | 213,546 | 1,814,409 | 784,295 | 166,961 | 1,668,528 | 75,698 | -439,691 | 48,754 | 94,107 | 1,341,115 | -706,569 |
| Investing Activities | |||||||||||||||
| capital expenditure | -2,336 | 198,961 | 169,787 | -10,690 | -791,835 | -504,946 | 906,085 | -3,300 | -2,083,710 | ||||||
| Change in Investments | 2,108,077 | -4,622,827 | 7,553,211 | -1,250,000 | -263 | 1,250,263 | |||||||||
| cash flow from investments | -2,336 | 198,961 | 169,787 | -10,690 | -791,835 | -504,946 | 2,156,085 | -3,037 | -3,333,973 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | -1,970,951 | 394,135 | -351,320 | -210,627 | -742,721 | 2,881,484 | |||||||||
| Group/Directors Accounts | 1,580,106 | 529,645 | -540,930 | -1,440,721 | 1,418,551 | 1,685,532 | 123,408 | 121,081 | 1,411 | -10,621 | -885,232 | -102,026 | 998,619 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,399,609 | 499,608 | -728,455 | 394,456 | -1,960,749 | 3,928,082 | -72,514 | -144,996 | -144,996 | -144,996 | 507,502 | ||||
| Hire Purchase and Lease Commitments | -1,015 | -1,588 | 2,603 | -8,925 | -24,787 | -31,779 | 19,491 | -69,624 | -82,860 | -181,183 | 379,667 | ||||
| other long term liabilities | -287,499 | -289,286 | 576,785 | ||||||||||||
| share issue | |||||||||||||||
| interest | -328,027 | -128,119 | -87,143 | -97,110 | -145,283 | -134,654 | -13,664 | -8,512 | -14,870 | -68,292 | 7 | ||||
| cash flow from financing | -147,530 | 901,134 | -1,357,543 | -1,144,963 | -2,655,829 | 5,873,095 | -314,090 | -251,979 | -925,963 | 2,636,417 | 526,993 | -156,571 | -1,255,591 | -572,495 | 2,895,802 |
| cash and cash equivalents | |||||||||||||||
| cash | -333,626 | 283,216 | 31,507 | -60,416 | -26,325 | -202,102 | 317,869 | -86,057 | 50,229 | -243,096 | 13,549 | 68,775 | -138,050 | -71,154 | 431,076 |
| overdraft | -382,737 | 2,763,943 | -413,978 | -1,200,660 | 2,442,367 | -2,444,521 | 1,568,082 | 605,212 | 117,349 | -836,474 | 990,352 | ||||
| change in cash | 49,111 | -2,480,727 | 445,485 | 1,140,244 | -2,468,692 | -202,102 | 317,869 | -86,057 | 50,229 | 2,201,425 | -1,554,533 | -536,437 | -255,399 | 765,320 | -559,276 |
ntex holdings limited Credit Report and Business Information
Ntex Holdings Limited Competitor Analysis
Perform a competitor analysis for ntex holdings limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in DN31 area or any other competitors across 12 key performance metrics.
ntex holdings limited Ownership
NTEX HOLDINGS LIMITED group structure
Ntex Holdings Limited has 4 subsidiary companies.
Ultimate parent company
NTEX AB
#0061523
2 parents
NTEX HOLDINGS LIMITED
01375292
4 subsidiaries
ntex holdings limited directors
Ntex Holdings Limited currently has 3 directors. The longest serving directors include Mr Thomas Stroem (Dec 2007) and Mr Dan Eriksson (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Stroem | Sweden | 70 years | Dec 2007 | - | Director |
| Mr Dan Eriksson | England | 63 years | Nov 2021 | - | Director |
| Mr Malcolm Thorpe | England | 55 years | Mar 2024 | - | Director |
P&L
December 2023turnover
37.1m
-22%
operating profit
-1.3m
+347%
gross margin
8.5%
+7.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.9m
-0.24%
total assets
14.4m
-0.18%
cash
35.4k
-0.9%
net assets
Total assets minus all liabilities
ntex holdings limited company details
company number
01375292
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
June 1978
age
47
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
ntex limited (January 2025)
ecotrans limited (January 2008)
accountant
-
auditor
STREETS AUDIT LLP
address
scandinavian way, stallingborough, nr. grimsby, north east lincolnshire, DN41 8DU
Bank
DANSKE BANK
Legal Advisor
-
ntex holdings 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 5 charges/mortgages relating to ntex holdings limited. Currently there are 2 open charges and 3 have been satisfied in the past.
ntex holdings 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 NTEX HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
ntex holdings limited Companies House Filings - See Documents
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