neric limited
neric limited Company Information
Company Number
01479291
Next Accounts
Mar 2025
Shareholders
bath group ltd
j.r. mather
View AllGroup Structure
View All
Industry
Renting and leasing of passenger air transport equipment
+1Registered Address
melbury house, 34 southborough road, bromley, kent, BR1 2EB
Website
-neric limited Estimated Valuation
Pomanda estimates the enterprise value of NERIC LIMITED at £990.6k based on a Turnover of £1m and 0.97x industry multiple (adjusted for size and gross margin).
neric limited Estimated Valuation
Pomanda estimates the enterprise value of NERIC LIMITED at £3.5k based on an EBITDA of £1.1k and a 3.29x industry multiple (adjusted for size and gross margin).
neric limited Estimated Valuation
Pomanda estimates the enterprise value of NERIC LIMITED at £221.6k based on Net Assets of £89.2k and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Neric Limited Overview
Neric Limited is a live company located in bromley, BR1 2EB with a Companies House number of 01479291. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in February 1980, it's largest shareholder is bath group ltd with a 50.5% stake. Neric Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Neric Limited Health Check
Pomanda's financial health check has awarded Neric Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1m, make it smaller than the average company (£2.3m)
- Neric Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (3.1%)
- Neric Limited
3.1% - Industry AVG
Production
with a gross margin of 34.9%, this company has a higher cost of product (63.2%)
- Neric Limited
63.2% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (24.1%)
- Neric Limited
24.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Neric Limited
4 - Industry AVG
Pay Structure
on an average salary of £110.7k, the company has an equivalent pay structure (£110.7k)
- Neric Limited
£110.7k - Industry AVG
Efficiency
resulting in sales per employee of £340.8k, this is less efficient (£457k)
- Neric Limited
£457k - Industry AVG
Debtor Days
it gets paid by customers after 186 days, this is later than average (59 days)
- Neric Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 238 days, this is slower than average (22 days)
- Neric Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Neric Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Neric Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a similar level of debt than the average (77.5%)
83% - Neric Limited
77.5% - Industry AVG
NERIC LIMITED financials
Neric Limited's latest turnover from June 2023 is estimated at £1 million and the company has net assets of £89.2 thousand. According to their latest financial statements, Neric Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 255,339 | 168,992 | 150,177 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 260,881 | 153,647 | 141,007 | |||||||||||
| Gross Profit | -5,542 | 15,345 | 9,170 | |||||||||||
| Admin Expenses | 4,303 | 12,475 | 8,101 | |||||||||||
| Operating Profit | -9,845 | 2,870 | 1,069 | |||||||||||
| Interest Payable | 310 | 439 | 887 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | -10,155 | 2,431 | 182 | |||||||||||
| Tax | 0 | -3 | -2,369 | |||||||||||
| Profit After Tax | -10,155 | 2,428 | -2,187 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | -10,155 | 2,428 | -2,187 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 2 | |||||||||
| EBITDA* | -9,845 | 2,870 | 1,069 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 222 | 222 | 222 | 222 | 222 | 222 | 222 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 222 | 222 | 222 | 222 | 222 | 222 | 222 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 222 | 223 | 223 | 222 | 222 | 222 | 222 | 222 | 222 | 222 | 222 | 222 | 222 | 222 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 523,674 | 92,615 | 128,381 | 162,826 | 57,599 | 139,031 | 118,483 | 114,065 | 171,805 | 183,250 | 257,907 | 206,870 | 206,610 | 230,993 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,223 | 344 | 250 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 26,629 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 523,674 | 92,615 | 128,381 | 162,826 | 84,228 | 139,031 | 118,483 | 114,065 | 171,805 | 183,250 | 257,907 | 214,093 | 206,954 | 231,243 |
| total assets | 523,896 | 92,838 | 128,604 | 163,048 | 84,450 | 139,253 | 118,705 | 114,287 | 172,027 | 183,472 | 258,129 | 214,315 | 207,176 | 231,465 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,826 | 9,992 | 9,933 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,667 |
| Trade Creditors | 434,677 | 4,412 | 42,329 | 78,712 | 0 | 54,316 | 34,308 | 32,971 | 97,169 | 105,342 | 181,696 | 19,918 | 14,312 | 32,664 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94,999 | 97,145 | 93,533 |
| 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 | 2,369 |
| total current liabilities | 434,677 | 4,412 | 42,329 | 78,712 | 0 | 54,316 | 34,308 | 32,971 | 97,169 | 105,342 | 181,696 | 138,743 | 121,449 | 148,166 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 434,677 | 4,412 | 42,329 | 78,712 | 0 | 54,316 | 34,308 | 32,971 | 97,169 | 105,342 | 181,696 | 138,743 | 121,449 | 148,166 |
| net assets | 89,219 | 88,426 | 86,275 | 84,336 | 84,450 | 84,937 | 84,397 | 81,316 | 74,858 | 78,130 | 76,433 | 75,572 | 85,727 | 83,299 |
| total shareholders funds | 89,219 | 88,426 | 86,275 | 84,336 | 84,450 | 84,937 | 84,397 | 81,316 | 74,858 | 78,130 | 76,433 | 75,572 | 85,727 | 83,299 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -9,845 | 2,870 | 1,069 | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -3 | -2,369 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 431,059 | -35,766 | -34,445 | 105,227 | -81,432 | 20,548 | 4,418 | -57,740 | -11,445 | -74,657 | 43,814 | 7,139 | -24,289 | 231,243 |
| Creditors | 430,265 | -37,917 | -36,383 | 78,712 | -54,316 | 20,008 | 1,337 | -64,198 | -8,173 | -76,354 | 161,778 | 5,606 | -18,352 | 32,664 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,369 | 2,369 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -11,378 | 6,435 | -197,510 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -1 | 0 | 1 | 0 | 0 | 0 | -222 | 0 | 0 | 0 | 0 | 0 | 0 | 222 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,667 | 9,667 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -94,999 | -2,146 | 3,612 | 93,533 |
| 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 | -310 | -439 | -887 | |||||||||||
| cash flow from financing | -2,456 | -6,494 | 187,799 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,826 | 13,834 | 59 | 9,933 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,826 | -13,834 | -59 | -9,933 |
neric limited Credit Report and Business Information
Neric Limited Competitor Analysis
Perform a competitor analysis for neric limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BR1 area or any other competitors across 12 key performance metrics.
neric limited Ownership
NERIC LIMITED group structure
Neric Limited has 2 subsidiary companies.
Ultimate parent company
NERIC LIMITED
01479291
2 subsidiaries
neric limited directors
Neric Limited currently has 3 directors. The longest serving directors include Mr Richard Battersby (Jan 1991) and Mrs Julia Mather (Nov 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Battersby | 82 years | Jan 1991 | - | Director | |
| Mrs Julia Mather | England | 50 years | Nov 2010 | - | Director |
| Mr James Battersby | England | 51 years | Nov 2010 | - | Director |
P&L
June 2023turnover
1m
+193%
operating profit
1.1k
0%
gross margin
35%
+36.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
89.2k
+0.01%
total assets
523.9k
+4.64%
cash
0
0%
net assets
Total assets minus all liabilities
neric limited company details
company number
01479291
Type
Private limited with Share Capital
industry
77351 - Renting and leasing of passenger air transport equipment
70229 - Management consultancy activities (other than financial management)
incorporation date
February 1980
age
45
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
melbury house, 34 southborough road, bromley, kent, BR1 2EB
Bank
-
Legal Advisor
-
neric 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 did not find charges/mortgages relating to neric limited.
neric 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 NERIC LIMITED. This can take several minutes, an email will notify you when this has completed.
neric limited Companies House Filings - See Documents
| date | description | view/download |
|---|
