netway limited

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netway limited Company Information

Share NETWAY LIMITED

Company Number

01862431

Shareholders

downside developments (brighton) ltd

maurice james healy

Group Structure

View All

Industry

Dormant Company

 

Registered Address

fourth floor park gate, 161-163 preston road, brighton, bn1 6af, BN1 6AU

netway limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NETWAY LIMITED at £0 based on a Turnover of £357.7k and 0x industry multiple (adjusted for size and gross margin).

netway limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NETWAY LIMITED at £0 based on an EBITDA of £0 and a 1.42x industry multiple (adjusted for size and gross margin).

netway limited Estimated Valuation

£77.6k

Pomanda estimates the enterprise value of NETWAY LIMITED at £77.6k based on Net Assets of £95.8k and 0.81x industry multiple (adjusted for liquidity).

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Netway Limited Overview

Netway Limited is a live company located in brighton, BN1 6AU with a Companies House number of 01862431. It operates in the dormant company sector, SIC Code 99999. Founded in November 1984, it's largest shareholder is downside developments (brighton) ltd with a 50.1% stake. Netway Limited is a mature, micro sized company, Pomanda has estimated its turnover at £357.7k with low growth in recent years.

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Netway Limited Health Check

Pomanda's financial health check has awarded Netway Limited a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £357.7k, make it smaller than the average company (£7.5m)

£357.7k - Netway Limited

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.1%)

0% - Netway Limited

5.1% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a higher cost of product (32.8%)

17.5% - Netway Limited

32.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Netway Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (58)

1 - Netway Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)

£41.2k - Netway Limited

£41.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £357.7k, this is more efficient (£183.8k)

£357.7k - Netway Limited

£183.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (40 days)

102 days - Netway Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (39 days)

4 days - Netway Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Netway Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Netway Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5%, this is a lower level of debt than the average (69.9%)

5% - Netway Limited

69.9% - Industry AVG

NETWAY LIMITED financials

EXPORTms excel logo

Netway Limited's latest turnover from November 2023 is estimated at £357.7 thousand and the company has net assets of £95.8 thousand. According to their latest financial statements, we estimate that Netway Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover357,691357,433322,724354,081338,199334,737342,597357,9650000000
Other Income Or Grants000000000000000
Cost Of Sales295,109296,674267,465299,253284,391282,541284,096296,6850000000
Gross Profit62,58260,75955,26054,82853,80852,19658,50161,2800000000
Admin Expenses62,58260,75955,26054,82853,80852,19658,501-58,4950000000
Operating Profit0000000119,7750000000
Interest Payable000000000000000
Interest Receivable000000000000000
Pre-Tax Profit0000000119,7750000000
Tax0000000-23,9550000000
Profit After Tax000000095,8200000000
Dividends Paid000000000000000
Retained Profit000000095,8200000000
Employee Costs41,19873,36771,27568,24768,89064,73261,23862,1680000000
Number Of Employees122222220000000
EBITDA*0000000119,7750000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress000000000000000
Trade Debtors100,874100,874100,874100,874100,874100,874100,874100,8740000000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000000000000
misc current assets000000000000000
total current assets100,874100,874100,874100,874100,874100,874100,874100,8740000000
total assets100,874100,874100,874100,874100,874100,874100,874100,8740000000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,9593,9595,0545,0545,0545,0545,0545,0540000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities3,9593,9595,0545,0545,0545,0545,0545,0540000000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income1,0951,0950000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities1,0951,0950000000000000
total liabilities5,0545,0545,0545,0545,0545,0545,0545,0540000000
net assets95,82095,82095,82095,82095,82095,82095,82095,8200000000
total shareholders funds95,82095,82095,82095,82095,82095,82095,82095,8200000000
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit0000000119,7750000000
Depreciation000000000000000
Amortisation000000000000000
Tax0000000-23,9550000000
Stock000000000000000
Debtors0000000100,8740000000
Creditors0-1,095000005,0540000000
Accruals and Deferred Income01,0950000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations000000000000000
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000000
interest000000000000000
cash flow from financing000000000000000
cash and cash equivalents
cash000000000000000
overdraft000000000000000
change in cash000000000000000

netway 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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Netway Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for netway limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.

netway limited Ownership

NETWAY LIMITED group structure

Netway Limited has no subsidiary companies.

Ultimate parent company

1 parent

NETWAY LIMITED

01862431

NETWAY LIMITED Shareholders

downside developments (brighton) ltd 50.07%
maurice james healy 49.93%

netway limited directors

Netway Limited currently has 2 directors. The longest serving directors include Mr John Warner (Oct 1994) and Mrs Tracey Warner (Dec 2022).

officercountryagestartendrole
Mr John Warner73 years Oct 1994- Director
Mrs Tracey Warner57 years Dec 2022- Director

P&L

November 2023

turnover

357.7k

0%

operating profit

0

0%

gross margin

17.5%

+2.93%

turnover

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

Balance Sheet

November 2023

net assets

95.8k

0%

total assets

100.9k

0%

cash

0

0%

net assets

Total assets minus all liabilities

netway limited company details

company number

01862431

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

November 1984

age

41

incorporated

UK

accounts

Dormant

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

fourth floor park gate, 161-163 preston road, brighton, bn1 6af, BN1 6AU

Bank

-

Legal Advisor

-

netway 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 9 charges/mortgages relating to netway limited. Currently there are 1 open charges and 8 have been satisfied in the past.

netway 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.

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netway limited Companies House Filings - See Documents

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