ng bailey group limited

2.5

ng bailey group limited Company Information

Share NG BAILEY GROUP LIMITED
Live 
MatureMegaDeclining

Company Number

01490238

Registered Address

7 brown lane west, leeds, LS12 6EH

Industry

Activities of head offices

 

Telephone

01943601933

Next Accounts Due

December 2024

Group Structure

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Directors

David Hurcomb13 Years

Christopher Bailey11 Years

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Shareholders

mr noel caladine bailey 14.2%

nicholas edward bailey 12.6%

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ng bailey group limited Estimated Valuation

£2b

Pomanda estimates the enterprise value of NG BAILEY GROUP LIMITED at £2b based on a Turnover of £531.6m and 3.73x industry multiple (adjusted for size and gross margin).

ng bailey group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NG BAILEY GROUP LIMITED at £0 based on an EBITDA of £-11.7m and a 6.39x industry multiple (adjusted for size and gross margin).

ng bailey group limited Estimated Valuation

£479.3m

Pomanda estimates the enterprise value of NG BAILEY GROUP LIMITED at £479.3m based on Net Assets of £121.3m and 3.95x industry multiple (adjusted for liquidity).

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Ng Bailey Group Limited Overview

Ng Bailey Group Limited is a live company located in leeds, LS12 6EH with a Companies House number of 01490238. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1980, it's largest shareholder is mr noel caladine bailey with a 14.2% stake. Ng Bailey Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £531.6m with declining growth in recent years.

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Ng Bailey Group Limited Health Check

Pomanda's financial health check has awarded Ng Bailey Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £531.6m, make it larger than the average company (£20.2m)

£531.6m - Ng Bailey Group Limited

£20.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.4%)

-2% - Ng Bailey Group Limited

4.4% - Industry AVG

production

Production

with a gross margin of 7%, this company has a higher cost of product (32.6%)

7% - Ng Bailey Group Limited

32.6% - Industry AVG

profitability

Profitability

an operating margin of -3.7% make it less profitable than the average company (5.9%)

-3.7% - Ng Bailey Group Limited

5.9% - Industry AVG

employees

Employees

with 3216 employees, this is above the industry average (120)

3216 - Ng Bailey Group Limited

120 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.3k, the company has a higher pay structure (£45.4k)

£59.3k - Ng Bailey Group Limited

£45.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £165.3k, this is equally as efficient (£186.5k)

£165.3k - Ng Bailey Group Limited

£186.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 76 days, this is later than average (46 days)

76 days - Ng Bailey Group Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (45 days)

31 days - Ng Bailey Group Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (48 days)

0 days - Ng Bailey Group Limited

48 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)

12 weeks - Ng Bailey Group Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.4%, this is a similar level of debt than the average (57%)

58.4% - Ng Bailey Group Limited

57% - Industry AVG

ng bailey group 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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Ng Bailey Group Limited Competitor Analysis

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ng bailey group limited Ownership

NG BAILEY GROUP LIMITED Shareholders

mr noel caladine bailey 14.21%
nicholas edward bailey 12.61%
dr joanne caladine b. wells 9.22%
miss catherine elizabeth bailey 6.9%
mrs charlotte joanna rayner 6.89%
mr martin richard bailey 6.09%
mr christopher edward bailey 5.76%
martin r. bailey & a.d. wriglesworth a/c sab 3.98%
mrs p.j. bailey & martin r. bailey & a.d. wriglesworth 3.98%
martin r. bailey & a.d. wriglesworth a/c slb 3.98%

ng bailey group limited directors

Ng Bailey Group Limited currently has 7 directors. The longest serving directors include Mr David Hurcomb (Sep 2010) and Mr Christopher Bailey (Jul 2012).

officercountryagestartendrole
Mr David Hurcomb60 years Sep 2010- Director
Mr Christopher BaileyEngland49 years Jul 2012- Director
Miss Jane MoriartyUnited Kingdom59 years Jan 2018- Director
Claire EastEngland39 years Jul 2018- Director
Mr Jonathan Stockton42 years Jul 2020- Director
Mr Ian FunnellUnited Kingdom67 years Aug 2022- Director
Mr Martin ChownUnited Kingdom53 years Jun 2023- Director

NG BAILEY GROUP LIMITED financials

EXPORTms excel logo

Ng Bailey Group Limited's latest turnover from March 2023 is £531.6 million and the company has net assets of £121.3 million. According to their latest financial statements, Ng Bailey Group Limited has 3,216 employees and maintains cash reserves of £40.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Feb 2022Feb 2021Feb 2020Mar 2019Mar 2018Feb 2017Feb 2016Feb 2015Feb 2014Mar 2013Feb 2012Feb 2011Feb 2010
Turnover531,600,000499,500,000507,000,000573,400,000555,700,000481,000,000500,300,000407,500,000364,600,000379,800,000421,600,000458,550,000419,156,000464,159,000
Other Income Or Grants00000000000000
Cost Of Sales494,600,000446,600,000469,900,000493,200,000474,700,000415,600,000436,900,000356,600,000318,000,000333,400,000382,400,000402,997,000373,990,000377,895,000
Gross Profit37,000,00052,900,00037,100,00080,200,00081,000,00065,400,00063,400,00050,900,00046,600,00046,400,00039,200,00055,553,00045,166,00086,264,000
Admin Expenses56,800,00052,500,00046,900,00062,200,00065,300,00047,900,00051,400,00044,900,00044,600,00045,200,00052,500,00050,961,00055,951,00072,428,000
Operating Profit-19,800,000400,000-9,800,00018,000,00015,700,00017,500,00012,000,0006,000,0002,000,0001,200,000-13,300,0004,592,000-10,785,00013,836,000
Interest Payable7,400,000500,000600,000700,000600,00000700,000010,500,0009,400,0009,400,00010,300,0009,708,000
Interest Receivable2,200,0003,100,0006,000,0003,200,0001,000,0002,100,0006,600,0001,000,000390,00016,200,00012,600,0009,793,00013,400,0009,265,000
Pre-Tax Profit-25,000,0003,000,000-4,400,00020,500,00016,100,00019,600,00018,600,0006,300,0005,900,0006,900,000-10,100,0007,218,000-4,166,00019,920,000
Tax6,900,000-2,800,000-800,000-3,600,000-2,800,000-3,100,000-3,200,000-1,000,000-600,000-2,700,0003,200,000-2,214,00057,000-6,388,000
Profit After Tax-18,100,000200,000-5,200,00016,900,00013,300,00016,500,00015,400,0005,300,0005,300,0004,200,000-6,900,0005,004,000-4,109,00013,532,000
Dividends Paid1,000,000002,000,00010,200,0004,000,0002,000,0001,000,000600,0001,300,0001,000,000723,0001,568,000478,000
Retained Profit-19,100,000200,000-5,200,00014,900,0003,100,00012,500,00013,400,0004,300,0004,700,0002,900,000-7,900,0004,281,000-5,677,00013,054,000
Employee Costs190,800,000177,000,000165,500,000171,200,000168,100,000140,500,000138,900,000124,200,000121,400,000118,300,000126,700,000118,104,000117,979,000152,214,000
Number Of Employees3,2163,0623,2023,2233,2242,7642,7792,5492,5332,6262,7212,6902,9293,625
EBITDA*-11,700,0008,600,000-2,000,00025,900,00028,400,00031,700,00025,900,00019,000,00015,300,0006,700,000-8,300,0009,572,000-5,152,00026,387,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Feb 2022Feb 2021Feb 2020Mar 2019Mar 2018Feb 2017Feb 2016Feb 2015Feb 2014Mar 2013Feb 2012Feb 2011Feb 2010
Tangible Assets18,600,00031,200,00032,800,00034,200,00043,400,00056,000,00063,900,00069,000,00077,000,00054,800,00046,500,00041,776,00035,725,00044,796,000
Intangible Assets27,800,00031,800,00035,600,00038,600,00040,000,0007,500,0005,100,0004,300,0000100,000100,000148,000187,000225,000
Investments & Other03,500,0003,800,0004,700,0000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets46,400,00066,500,00072,200,00077,500,00083,400,00063,500,00069,000,00073,300,00077,000,00054,900,00046,600,00041,924,00035,912,00045,021,000
Stock & work in progress600,000900,0001,200,0001,600,0001,300,0002,300,0001,900,0001,500,0001,300,0001,100,0001,800,0001,367,0001,894,0001,646,000
Trade Debtors110,800,000122,100,000121,500,000150,800,000137,300,000111,000,000121,700,00099,000,00069,200,00067,500,00065,600,00065,324,00035,238,00091,014,000
Group Debtors00000000000000
Misc Debtors19,900,00017,500,00016,900,00027,100,00025,900,00017,700,0008,600,0007,500,0008,000,0007,200,0006,300,0005,919,00047,776,0008,409,000
Cash40,500,00031,200,00042,300,00042,000,00014,000,00014,500,00011,000,0009,100,0007,900,0007,800,0002,400,0001,175,000840,0001,036,000
misc current assets73,400,00087,300,00074,300,00069,600,00095,200,000105,800,00098,400,00099,500,00085,100,00074,300,00080,400,00085,789,00082,307,00079,281,000
total current assets245,200,000259,000,000256,200,000291,100,000273,700,000251,300,000241,600,000216,600,000171,500,000157,900,000156,500,000159,574,000168,055,000181,386,000
total assets291,600,000325,500,000328,400,000368,600,000357,100,000314,800,000310,600,000289,900,000248,500,000212,800,000203,100,000201,498,000203,967,000226,407,000
Bank overdraft00000000000000
Bank loan10,500,0002,000,0002,000,0002,000,0005,700,000000000000
Trade Creditors 42,900,00046,200,00050,100,00093,400,000150,600,000132,700,000137,900,000117,000,000100,200,00087,200,00096,000,00091,953,000104,015,00088,873,000
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000100,000100,000100,000000000
other current liabilities115,300,000108,200,000114,500,000100,400,00042,200,00036,200,00039,800,00043,900,00029,600,00028,300,00023,800,00020,667,00019,994,00045,205,000
total current liabilities168,700,000156,400,000166,600,000195,800,000198,500,000169,000,000177,800,000161,000,000129,800,000115,500,000119,800,000112,620,000124,009,000134,078,000
loans010,500,00012,400,00015,900,00017,600,00000000000221,000
hp & lease commitments00000100,000200,000300,000000000
Accruals and Deferred Income0000004,200,00010,000,00015,900,00013,300,0000000
other liabilities00000000000000
provisions1,600,00012,000,0007,600,0008,000,0007,100,0006,700,0004,000,0002,600,000200,00000000
total long term liabilities1,600,00022,500,00020,000,00023,900,00024,700,0006,800,0008,400,00012,900,00016,100,00013,300,0000004,109,000
total liabilities170,300,000178,900,000186,600,000219,700,000223,200,000175,800,000186,200,000173,900,000145,900,000128,800,000119,800,000112,620,000124,009,000138,187,000
net assets121,300,000146,600,000141,800,000148,900,000133,900,000139,000,000124,400,000116,000,000102,600,00084,000,00083,300,00088,878,00079,958,00088,220,000
total shareholders funds121,300,000146,600,000141,800,000148,900,000133,900,000139,000,000124,400,000116,000,000102,600,00084,000,00083,300,00088,878,00079,958,00088,220,000
Mar 2023Feb 2022Feb 2021Feb 2020Mar 2019Mar 2018Feb 2017Feb 2016Feb 2015Feb 2014Mar 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-19,800,000400,000-9,800,00018,000,00015,700,00017,500,00012,000,0006,000,0002,000,0001,200,000-13,300,0004,592,000-10,785,00013,836,000
Depreciation4,100,0004,100,0004,000,0004,200,0009,600,00013,900,00013,500,00012,900,00013,200,0005,500,0005,000,0004,941,0005,595,0006,509,000
Amortisation4,000,0004,100,0003,800,0003,700,0003,100,000300,000400,000100,000100,0000039,00038,0006,042,000
Tax6,900,000-2,800,000-800,000-3,600,000-2,800,000-3,100,000-3,200,000-1,000,000-600,000-2,700,0003,200,000-2,214,00057,000-6,388,000
Stock-300,000-300,000-400,000300,000-1,000,000400,000400,000200,000200,000-700,000433,000-527,000248,0001,646,000
Debtors-8,900,0001,200,000-39,500,00014,700,00034,500,000-1,600,00023,800,00029,300,0002,500,0002,800,000657,000-11,771,000-16,409,00099,423,000
Creditors-3,300,000-3,900,000-43,300,000-57,200,00017,900,000-5,200,00020,900,00016,800,00013,000,000-8,800,0004,047,000-12,062,00015,142,00088,873,000
Accruals and Deferred Income7,100,000-6,300,00014,100,00058,200,0006,000,000-7,800,000-9,900,0008,400,0003,900,00017,800,0003,133,000673,000-25,211,00045,205,000
Deferred Taxes & Provisions-10,400,0004,400,000-400,000900,000400,0002,700,0001,400,0002,400,000200,00000000
Cash flow from operations-2,200,000-900,0007,500,0009,200,00016,400,00019,500,00010,900,00016,100,00029,100,00010,900,000990,0008,267,000997,00053,008,000
Investing Activities
capital expenditure0000-30,700,000-6,100,000-6,600,000-6,600,000-35,100,000-13,100,000-4,500,000-3,909,000-1,493,000-1,642,000
Change in Investments-3,500,000-300,000-900,0004,700,0000000000000
cash flow from investments3,500,000300,000900,000-4,700,000-30,700,000-6,100,000-6,600,000-6,600,000-35,100,000-13,100,000-4,500,000-3,909,000-1,493,000-1,642,000
Financing Activities
Bank loans8,500,00000-3,700,0005,700,000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-10,500,000-1,900,000-3,500,000-1,700,00017,600,0000000000-221,000221,000
Hire Purchase and Lease Commitments0000-200,000-100,000-100,000400,000000000
other long term liabilities00000000000000
share issue-6,200,0004,600,000-1,900,000100,000-8,200,0002,100,000-5,000,0009,100,00013,900,000-2,200,0002,322,0004,639,000-2,585,00075,166,000
interest-5,200,0002,600,0005,400,0002,500,000400,0002,100,0006,600,000300,000390,0005,700,0003,200,000393,0003,100,000-443,000
cash flow from financing-13,400,0005,300,0000-2,800,00015,300,0004,100,0001,500,0009,800,00014,290,0003,500,0005,522,0005,032,000294,00074,944,000
cash and cash equivalents
cash9,300,000-11,100,000300,00028,000,000-500,0003,500,0001,900,0001,200,000100,0005,400,0001,225,000335,000-196,0001,036,000
overdraft00000000000000
change in cash9,300,000-11,100,000300,00028,000,000-500,0003,500,0001,900,0001,200,000100,0005,400,0001,225,000335,000-196,0001,036,000

P&L

March 2023

turnover

531.6m

+6%

operating profit

-19.8m

-5050%

gross margin

7%

-34.28%

turnover

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

Balance Sheet

March 2023

net assets

121.3m

-0.17%

total assets

291.6m

-0.1%

cash

40.5m

+0.3%

net assets

Total assets minus all liabilities

ng bailey group limited company details

company number

01490238

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 1980

age

44

accounts

Group

ultimate parent company

None

previous names

ng bailey limited (July 2011)

n.g. bailey organisation limited(the) (February 2006)

incorporated

UK

address

7 brown lane west, leeds, LS12 6EH

last accounts submitted

March 2023

ng bailey group 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 ng bailey group limited. Currently there are 1 open charges and 4 have been satisfied in the past.

charges

ng bailey group limited Companies House Filings - See Documents

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