Pomanda estimates the enterprise value of NECESSITY SUPPLIES LIMITED at £4.2m based on a Turnover of £13.6m and 0.31x industry multiple (adjusted for size and gross margin).
necessity supplies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NECESSITY SUPPLIES LIMITED at £0 based on an EBITDA of £-1.3m and a 3.1x industry multiple (adjusted for size and gross margin).
necessity supplies limitedEstimated Valuation
£13m
Pomanda estimates the enterprise value of NECESSITY SUPPLIES LIMITED at £13m based on Net Assets of £6.8m and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Necessity Supplies LimitedOverview
Necessity Supplies Limited is a live company located in northolt, UB5 5QS with a Companies House number of 02010112. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in April 1986, it's largest shareholder is
nsl group ltd
with a 100% stake. Necessity Supplies Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£13.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Necessity Supplies Limited a 3 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 Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £13.6m, make it smaller than the average company (£23.8m)
£13.6m - Necessity Supplies Limited
£23.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.2%)
-16% - Necessity Supplies Limited
5.2% - Industry AVG
Production
with a gross margin of 3.7%, this company has a higher cost of product (27.6%)
3.7% - Necessity Supplies Limited
27.6% - Industry AVG
Profitability
an operating margin of -10.2% make it less profitable than the average company (3.9%)
-10.2% - Necessity Supplies Limited
3.9% - Industry AVG
Employees
with 31 employees, this is similar to the industry average (33)
31 - Necessity Supplies Limited
33 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has a lower pay structure (£76.1k)
£33.9k - Necessity Supplies Limited
£76.1k - Industry AVG
Efficiency
resulting in sales per employee of £439.7k, this is less efficient (£651.5k)
£439.7k - Necessity Supplies Limited
£651.5k - Industry AVG
Debtor Days
it gets paid by customers after 163 days, this is later than average (58 days)
163 days - Necessity Supplies Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (33 days)
32 days - Necessity Supplies Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is more than average (57 days)
73 days - Necessity Supplies Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is more cash available to meet short term requirements (10 weeks)
15 weeks - Necessity Supplies Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (58.4%)
52.1% - Necessity Supplies Limited
58.4% - Industry AVG
NECESSITY SUPPLIES LIMITED financials
EXPORT
Necessity Supplies Limited's latest turnover from October 2023 is £13.6 million and the company has net assets of £6.8 million. According to their latest financial statements, Necessity Supplies Limited has 31 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
13,630,386
18,635,385
23,271,884
22,693,041
16,603,208
20,186,039
27,251,956
43,461,780
47,856,738
42,345,154
51,060,696
54,685,609
36,353,303
34,827,886
Other Income Or Grants
Cost Of Sales
13,129,455
16,489,301
22,597,457
21,311,585
16,125,651
19,133,034
23,730,651
40,297,366
43,526,102
40,001,474
48,500,169
52,270,085
34,612,056
33,343,417
Gross Profit
500,931
2,146,084
674,427
1,381,456
477,557
1,053,005
3,521,305
3,164,414
4,330,636
2,343,680
2,560,527
2,415,524
1,741,247
1,484,469
Admin Expenses
1,895,851
2,063,806
-176,668
2,410,175
1,590,757
2,252,356
1,605,989
1,563,811
1,493,003
1,646,015
1,587,755
9,067,907
1,213,156
1,262,265
Operating Profit
-1,394,920
82,278
851,095
-1,028,719
-1,113,200
-1,199,351
1,915,316
1,600,603
2,837,633
697,665
972,772
-6,652,383
528,091
222,204
Interest Payable
238
237,741
23,375
184
775
51,211
48,023
Interest Receivable
15,239
1,481
123
10,033
44,232
41,958
58,412
58,066
13,317
19,031
58,268
81,762
55,397
268,799
Pre-Tax Profit
-1,450,979
83,521
323,477
-1,039,458
-3,079,751
-1,153,300
2,374,923
1,659,400
2,881,314
798,884
1,135,182
-6,605,710
512,323
1,016,926
Tax
496,784
-17,529
-37,356
282,716
-6,033,328
219,409
-469,273
-331,666
-697,811
-377,426
-407,183
1,541,467
-257,665
704,270
Profit After Tax
-954,195
65,992
286,121
-756,742
-9,113,079
-933,891
1,905,650
1,327,734
2,183,503
421,458
727,999
-5,064,243
254,658
1,721,196
Dividends Paid
3,000,000
Retained Profit
-954,195
65,992
286,121
-756,742
-9,113,079
-933,891
1,905,650
1,327,734
2,183,503
-2,578,542
727,999
-5,064,243
254,658
1,721,196
Employee Costs
1,050,437
970,159
899,034
991,302
654,121
650,990
640,753
614,074
560,664
596,155
611,155
616,400
582,726
637,071
Number Of Employees
31
29
28
24
22
20
21
22
21
23
26
26
26
27
EBITDA*
-1,311,720
151,677
909,989
-924,859
-1,074,931
-1,161,591
1,939,144
1,665,066
3,139,785
1,004,146
1,286,459
-6,339,436
860,380
550,234
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
275,353
208,203
176,682
159,560
93,027
72,302
69,038
91,778
71,750
1,498,285
1,800,724
2,077,270
2,385,726
2,675,929
Intangible Assets
Investments & Other
830,000
830,000
830,000
1,545,000
3,040,000
1,332,004
1,332,004
1,132,004
1,132,004
Debtors (Due After 1 year)
7,050,420
7,763,943
Total Fixed Assets
1,105,353
1,038,203
1,006,682
1,704,560
3,133,027
1,404,306
1,401,042
1,223,782
1,203,754
1,498,285
1,800,724
2,077,270
9,436,146
10,439,872
Stock & work in progress
2,629,648
4,071,104
3,815,042
5,923,227
4,083,319
4,246,927
6,818,205
6,580,299
8,503,511
7,745,790
5,485,544
8,013,777
11,368,040
5,373,371
Trade Debtors
6,101,941
7,043,124
6,454,343
6,950,273
5,864,292
6,323,585
5,209,195
8,687,587
10,802,796
10,442,563
21,014,682
12,254,974
7,043,029
5,185,834
Group Debtors
395,986
463,380
456,873
453,238
380,929
377,788
374,172
366,541
366,425
356,743
348,927
346,133
339,179
Misc Debtors
1,858,558
2,182,534
3,315,068
1,131,367
1,099,175
1,106,628
552,960
921,918
1,895,053
1,833,362
2,843,888
2,332,048
3,884,351
Cash
2,112,858
979,893
1,279,627
1,955,832
3,627,628
8,867,465
7,986,513
7,707,836
3,075,629
2,941,095
2,754,470
8,106,345
6,362,193
2,422,839
misc current assets
135,183
841,453
868,511
726,165
750,414
733,743
710,698
2,848,040
752,121
1,110,626
total current assets
13,098,991
14,740,035
15,320,953
16,413,937
15,190,526
21,763,846
21,809,556
24,990,346
25,393,828
24,053,296
33,158,209
31,223,136
28,203,564
18,316,200
total assets
14,204,344
15,778,238
16,327,635
18,118,497
18,323,553
23,168,152
23,210,598
26,214,128
26,597,582
25,551,581
34,958,933
33,300,406
37,639,710
28,756,072
Bank overdraft
471,020
643,070
167,928
185,868
Bank loan
Trade Creditors
1,153,220
1,515,209
1,262,126
1,930,140
2,692,569
4,412,739
3,777,509
8,617,306
10,933,006
10,597,563
18,402,896
16,131,905
10,521,949
3,726,975
Group/Directors Accounts
1,055,373
1,016,808
839,367
630,388
217,944
1,657,641
525,759
786,988
6,679,634
5,197,994
other short term finances
1,770,363
1,637,713
hp & lease commitments
13,610
3,404
3,107
other current liabilities
5,596,523
5,739,948
7,076,711
6,781,352
2,328,904
362,054
285,210
657,267
472,611
506,531
476,022
1,741,125
733,496
381,130
total current liabilities
7,220,763
7,898,227
8,520,375
10,485,259
7,717,666
5,791,601
4,902,086
9,904,961
11,623,561
12,761,735
19,590,545
18,660,018
17,935,079
9,306,099
loans
hp & lease commitments
13,607
18,367
Accruals and Deferred Income
other liabilities
2,048,109
provisions
182,642
124,877
118,118
216,610
379,648
103,709
101,779
8,084
672
total long term liabilities
182,642
124,877
118,118
230,217
2,446,124
103,709
101,779
8,084
672
total liabilities
7,403,405
8,023,104
8,638,493
10,715,476
10,163,790
5,895,310
5,003,865
9,913,045
11,624,233
12,761,735
19,590,545
18,660,018
17,935,079
9,306,099
net assets
6,800,939
7,755,134
7,689,142
7,403,021
8,159,763
17,272,842
18,206,733
16,301,083
14,973,349
12,789,846
15,368,388
14,640,388
19,704,631
19,449,973
total shareholders funds
6,800,939
7,755,134
7,689,142
7,403,021
8,159,763
17,272,842
18,206,733
16,301,083
14,973,349
12,789,846
15,368,388
14,640,388
19,704,631
19,449,973
Oct 2023
Oct 2022
Oct 2021
Oct 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-1,394,920
82,278
851,095
-1,028,719
-1,113,200
-1,199,351
1,915,316
1,600,603
2,837,633
697,665
972,772
-6,652,383
528,091
222,204
Depreciation
83,200
69,399
58,894
103,860
38,269
37,760
23,828
64,463
302,152
306,481
313,687
312,947
332,289
328,030
Amortisation
Tax
496,784
-17,529
-37,356
282,716
-6,033,328
219,409
-469,273
-331,666
-697,811
-377,426
-407,183
1,541,467
-257,665
704,270
Stock
-1,441,456
256,062
-2,108,185
1,839,908
-163,608
-2,571,278
237,906
-1,923,212
757,721
2,260,246
-2,528,233
-3,354,263
5,994,669
5,373,371
Debtors
-1,332,553
-537,246
1,691,406
1,190,482
-463,605
1,671,674
-3,839,719
-3,088,228
431,606
-11,574,829
11,952,523
-4,516,656
-401,677
17,173,307
Creditors
-361,989
253,083
-668,014
-762,429
-1,720,170
635,230
-4,839,797
-2,315,700
335,443
-7,805,333
2,270,991
5,609,956
6,794,974
3,726,975
Accruals and Deferred Income
-143,425
-1,336,763
295,359
4,452,448
1,966,850
76,844
-372,057
184,656
-33,920
30,509
-1,265,103
1,007,629
352,366
381,130
Deferred Taxes & Provisions
57,765
6,759
-98,492
-163,038
275,939
1,930
93,695
7,412
672
Cash flow from operations
1,511,424
-661,589
818,265
-145,552
-5,958,427
671,426
-46,475
4,221,208
1,554,842
2,166,479
-7,539,126
9,690,535
2,157,063
-17,184,069
Investing Activities
capital expenditure
595,052
-14,947
-2,447
511,287
-603,399
-4,042
-37,407
-4,491
13,726
-16,552
Change in Investments
-715,000
-1,495,000
1,707,996
200,000
1,132,004
cash flow from investments
715,000
1,495,000
-1,112,944
-14,947
-202,447
511,287
-1,735,403
-4,042
-37,407
-4,491
13,726
-16,552
Financing Activities
Bank loans
Group/Directors Accounts
-1,055,373
38,565
177,441
208,979
412,444
-1,439,697
1,131,882
-261,229
-5,892,646
1,481,640
5,197,994
Other Short Term Loans
-1,770,363
132,650
1,637,713
Long term loans
Hire Purchase and Lease Commitments
-13,610
-3,401
-4,463
21,474
other long term liabilities
-2,048,109
2,048,109
share issue
1
17,728,777
interest
15,239
1,243
-237,618
-13,342
44,048
41,958
58,412
58,066
13,317
19,031
57,493
81,762
4,186
220,776
cash flow from financing
15,239
-12,367
-2,011,382
-2,988,637
3,789,909
219,399
267,391
470,510
-1,426,380
1,150,913
-203,735
-5,810,884
1,485,826
23,147,547
cash and cash equivalents
cash
1,132,965
-299,734
-676,205
-1,671,796
-5,239,837
880,952
278,677
4,632,207
134,534
186,625
-5,351,875
1,744,152
3,939,354
2,422,839
overdraft
-172,050
475,142
167,928
-185,868
185,868
change in cash
1,305,015
-774,876
-844,133
-1,671,796
-5,239,837
880,952
278,677
4,632,207
134,534
372,493
-5,537,743
1,744,152
3,939,354
2,422,839
necessity supplies limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for necessity supplies limited. Get real-time insights into necessity supplies limited's credit score, group structure and payment trends.
Perform a competitor analysis for necessity supplies limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in UB5 area or any other competitors across 12 key performance metrics.
necessity supplies limited Ownership
NECESSITY SUPPLIES LIMITED group structure
Necessity Supplies Limited has 1 subsidiary company.
unit 4-5, northolt trading estate, northolt, middlesex, UB5 5QS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
R R SANGHVI & CO
necessity supplies 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 3 charges/mortgages relating to necessity supplies limited. Currently there are 1 open charges and 2 have been satisfied in the past.
necessity supplies 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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necessity supplies limitedCompanies House Filings - See Documents
