norman lewis business equipment limited
norman lewis business equipment limited Company Information
Group Structure
View All
Industry
Agents involved in the sale of a variety of goods
Registered Address
allen house 1 westmead road, sutton, SM1 4LA
Website
www.normanlewis.comnorman lewis business equipment limited Estimated Valuation
Pomanda estimates the enterprise value of NORMAN LEWIS BUSINESS EQUIPMENT LIMITED at £61.9k based on a Turnover of £257.3k and 0.24x industry multiple (adjusted for size and gross margin).
norman lewis business equipment limited Estimated Valuation
Pomanda estimates the enterprise value of NORMAN LEWIS BUSINESS EQUIPMENT LIMITED at £0 based on an EBITDA of £-37.2k and a 2.73x industry multiple (adjusted for size and gross margin).
norman lewis business equipment limited Estimated Valuation
Pomanda estimates the enterprise value of NORMAN LEWIS BUSINESS EQUIPMENT LIMITED at £44.9k based on Net Assets of £26.9k and 1.67x industry multiple (adjusted for liquidity).
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Norman Lewis Business Equipment Limited Overview
Norman Lewis Business Equipment Limited is a live company located in sutton, SM1 4LA with a Companies House number of 01827054. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in June 1984, it's largest shareholder is michael james foley with a 100% stake. Norman Lewis Business Equipment Limited is a mature, micro sized company, Pomanda has estimated its turnover at £257.3k with declining growth in recent years.
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Norman Lewis Business Equipment Limited Health Check
Pomanda's financial health check has awarded Norman Lewis Business Equipment Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £257.3k, make it smaller than the average company (£4.8m)
- Norman Lewis Business Equipment Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (9.9%)
- Norman Lewis Business Equipment Limited
9.9% - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (25%)
- Norman Lewis Business Equipment Limited
25% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (5%)
- Norman Lewis Business Equipment Limited
5% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Norman Lewis Business Equipment Limited
13 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Norman Lewis Business Equipment Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £128.7k, this is less efficient (£353k)
- Norman Lewis Business Equipment Limited
£353k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (49 days)
- Norman Lewis Business Equipment Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (26 days)
- Norman Lewis Business Equipment Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Norman Lewis Business Equipment Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Norman Lewis Business Equipment Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a similar level of debt than the average (53.5%)
56.4% - Norman Lewis Business Equipment Limited
53.5% - Industry AVG
NORMAN LEWIS BUSINESS EQUIPMENT LIMITED financials
Norman Lewis Business Equipment Limited's latest turnover from December 2023 is estimated at £257.3 thousand and the company has net assets of £26.9 thousand. According to their latest financial statements, Norman Lewis Business Equipment Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Interest Payable | ||||||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | ||||||||||||||||
| Tax | ||||||||||||||||
| Profit After Tax | ||||||||||||||||
| Dividends Paid | ||||||||||||||||
| Retained Profit | ||||||||||||||||
| Employee Costs | ||||||||||||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,619 | 3,507 | 6,338 | 9,507 | 24 | 122 | 220 | 684 | 8,826 | |||||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 1,619 | 3,507 | 6,338 | 9,507 | 24 | 122 | 220 | 684 | 8,826 | |||||||
| Stock & work in progress | 27,583 | 27,500 | 19,000 | 7,000 | 7,000 | 46,429 | 2,683 | |||||||||
| Trade Debtors | 61,722 | 160,762 | 197,493 | 209,892 | 225,909 | 107,615 | 172,310 | 262,417 | 153,518 | 145,213 | 361,258 | 83,602 | 155,052 | 148,453 | 210,536 | 501,282 |
| Group Debtors | ||||||||||||||||
| Misc Debtors | 51,236 | 7,695 | 83,523 | 85,752 | 23,787 | 14,109 | 14,108 | |||||||||
| Cash | 45,977 | 56,205 | 2,776 | 30,523 | ||||||||||||
| misc current assets | ||||||||||||||||
| total current assets | 61,722 | 160,762 | 248,729 | 217,587 | 309,432 | 239,344 | 252,302 | 265,193 | 167,627 | 172,796 | 388,758 | 102,602 | 162,052 | 155,453 | 256,965 | 548,596 |
| total assets | 61,722 | 160,762 | 248,729 | 217,587 | 309,432 | 239,344 | 252,302 | 266,812 | 171,134 | 179,134 | 398,265 | 102,626 | 162,174 | 155,673 | 257,649 | 557,422 |
| Bank overdraft | 11,361 | 25,699 | ||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 32,367 | 94,647 | 170,365 | 110,635 | 235,393 | 122,081 | 115,500 | 216,002 | 128,705 | 319,964 | 490,744 | 219,578 | 284,530 | 224,079 | 291,442 | 494,818 |
| Group/Directors Accounts | 257,732 | 257,732 | 205,000 | |||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 3,000 | 21,808 | 11,406 | 152,543 | ||||||||||||
| total current liabilities | 32,367 | 94,647 | 170,365 | 110,635 | 235,393 | 382,813 | 395,040 | 443,769 | 306,947 | 319,964 | 490,744 | 219,578 | 284,530 | 224,079 | 291,442 | 494,818 |
| loans | 8,410 | |||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | 2,415 | 2,000 | 2,000 | 2,000 | 1,000 | |||||||||||
| other liabilities | 13,765 | 18,727 | 19,482 | 16,906 | 33,468 | 47,759 | 62,050 | |||||||||
| provisions | ||||||||||||||||
| total long term liabilities | 2,415 | 2,000 | 2,000 | 2,000 | 1,000 | 8,410 | 13,765 | 18,727 | 19,482 | 16,906 | 33,468 | 47,759 | 62,050 | |||
| total liabilities | 34,782 | 96,647 | 172,365 | 112,635 | 236,393 | 382,813 | 395,040 | 443,769 | 315,357 | 333,729 | 509,471 | 239,060 | 301,436 | 257,547 | 339,201 | 556,868 |
| net assets | 26,940 | 64,115 | 76,364 | 104,952 | 73,039 | -143,469 | -142,738 | -176,957 | -144,223 | -154,595 | -111,206 | -136,434 | -139,262 | -101,874 | -81,552 | 554 |
| total shareholders funds | 26,940 | 64,115 | 76,364 | 104,952 | 73,039 | -143,469 | -142,738 | -176,957 | -144,223 | -154,595 | -111,206 | -136,434 | -139,262 | -101,874 | -81,552 | 554 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 1,619 | 1,888 | 3,169 | 3,192 | 98 | 98 | 464 | 8,142 | 9,449 | |||||||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | -27,583 | 83 | 8,500 | 12,000 | -39,429 | 43,746 | 2,683 | |||||||||
| Debtors | -99,040 | -87,967 | 31,142 | -91,845 | 113,335 | -2,730 | -66,320 | 94,790 | 22,414 | -216,045 | 277,656 | -71,450 | 6,599 | -62,083 | -304,854 | 515,390 |
| Creditors | -62,280 | -75,718 | 59,730 | -124,758 | 119,893 | 6,581 | -100,502 | 87,297 | -191,259 | -170,780 | 271,166 | -64,952 | 60,451 | -67,363 | -203,376 | 494,818 |
| Accruals and Deferred Income | 415 | 1,000 | -20,808 | -18,808 | 10,402 | -141,137 | 152,543 | |||||||||
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -257,732 | 52,732 | 205,000 | |||||||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | -8,410 | 8,410 | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -13,765 | -4,962 | -755 | 2,576 | -16,562 | -14,291 | -14,291 | 62,050 | ||||||||
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -56,205 | -10,228 | 53,429 | 2,776 | -30,523 | 30,523 | ||||||||||
| overdraft | -11,361 | -14,338 | 25,699 | |||||||||||||
| change in cash | -56,205 | -10,228 | 64,790 | 17,114 | -25,699 | -30,523 | 30,523 |
norman lewis business equipment limited Credit Report and Business Information
Norman Lewis Business Equipment Limited Competitor Analysis
Perform a competitor analysis for norman lewis business equipment limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SM1 area or any other competitors across 12 key performance metrics.
norman lewis business equipment limited Ownership
NORMAN LEWIS BUSINESS EQUIPMENT LIMITED group structure
Norman Lewis Business Equipment Limited has no subsidiary companies.
Ultimate parent company
1 parent
NORMAN LEWIS BUSINESS EQUIPMENT LIMITED
01827054
norman lewis business equipment limited directors
Norman Lewis Business Equipment Limited currently has 1 director, Mr Michael Foley serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Foley | England | 61 years | Dec 1991 | - | Director |
P&L
December 2023turnover
257.3k
-56%
operating profit
-37.2k
0%
gross margin
12.9%
+12.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
26.9k
-0.58%
total assets
61.7k
-0.62%
cash
0
0%
net assets
Total assets minus all liabilities
norman lewis business equipment limited company details
company number
01827054
Type
Private limited with Share Capital
industry
46190 - Agents involved in the sale of a variety of goods
incorporation date
June 1984
age
41
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
TURPIN BARKER ARMSTRONG
auditor
-
address
allen house 1 westmead road, sutton, SM1 4LA
Bank
-
Legal Advisor
-
norman lewis business equipment 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 norman lewis business equipment limited. Currently there are 0 open charges and 2 have been satisfied in the past.
norman lewis business equipment 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 NORMAN LEWIS BUSINESS EQUIPMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
norman lewis business equipment limited Companies House Filings - See Documents
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