nu-type limited

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nu-type limited Company Information

Share NU-TYPE LIMITED

Company Number

02165728

Shareholders

data card international ltd

Group Structure

View All

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

weycroft avenue, axminster, devon, EX13 5HU

nu-type limited Estimated Valuation

£264.8k

Pomanda estimates the enterprise value of NU-TYPE LIMITED at £264.8k based on a Turnover of £819.3k and 0.32x industry multiple (adjusted for size and gross margin).

nu-type limited Estimated Valuation

£290k

Pomanda estimates the enterprise value of NU-TYPE LIMITED at £290k based on an EBITDA of £105.5k and a 2.75x industry multiple (adjusted for size and gross margin).

nu-type limited Estimated Valuation

£838.7k

Pomanda estimates the enterprise value of NU-TYPE LIMITED at £838.7k based on Net Assets of £355.7k and 2.36x industry multiple (adjusted for liquidity).

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Nu-type Limited Overview

Nu-type Limited is a live company located in devon, EX13 5HU with a Companies House number of 02165728. It operates in the other engineering activities sector, SIC Code 71129. Founded in September 1987, it's largest shareholder is data card international ltd with a 100% stake. Nu-type Limited is a mature, small sized company, Pomanda has estimated its turnover at £819.3k with healthy growth in recent years.

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Nu-type Limited Health Check

Pomanda's financial health check has awarded Nu-Type Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £819.3k, make it smaller than the average company (£3.1m)

£819.3k - Nu-type Limited

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.7%)

8% - Nu-type Limited

9.7% - Industry AVG

production

Production

with a gross margin of 13.2%, this company has a higher cost of product (35.4%)

13.2% - Nu-type Limited

35.4% - Industry AVG

profitability

Profitability

an operating margin of 11.7% make it more profitable than the average company (6.6%)

11.7% - Nu-type Limited

6.6% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (25)

15 - Nu-type Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.9k, the company has a lower pay structure (£54.1k)

£28.9k - Nu-type Limited

£54.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.6k, this is less efficient (£128.2k)

£54.6k - Nu-type Limited

£128.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (69 days)

0 days - Nu-type Limited

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (27 days)

24 days - Nu-type Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 90 days, this is more than average (39 days)

90 days - Nu-type Limited

39 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 91 weeks, this is more cash available to meet short term requirements (21 weeks)

91 weeks - Nu-type Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.6%, this is a lower level of debt than the average (56.2%)

26.6% - Nu-type Limited

56.2% - Industry AVG

NU-TYPE LIMITED financials

EXPORTms excel logo

Nu-Type Limited's latest turnover from March 2024 is £819.3 thousand and the company has net assets of £355.7 thousand. According to their latest financial statements, Nu-Type Limited has 15 employees and maintains cash reserves of £196 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover819,316815,549776,569645,102713,741747,140773,9781,071,991611,694902,9261,068,490920,210985,886918,588648,223
Other Income Or Grants
Cost Of Sales711,278629,047640,780628,179678,126657,636630,079770,074641,492692,479704,178674,050694,933494,568177,765
Gross Profit108,038186,502135,78916,92335,61589,504143,899301,917-29,798210,447364,312246,160290,953424,020470,458
Admin Expenses12,17310,48716,63919,49915,12960,71062,79662,874143,972126,362116,02099,444110,958326,770547,016
Operating Profit95,865176,015119,150-2,57620,48628,79481,103239,043-173,77084,085248,292146,716179,99597,250-76,558
Interest Payable650559570464822,45812,1553,6043,547
Interest Receivable8,9531,9952415104
Pre-Tax Profit104,168177,451118,580-2,62220,00428,25676,837226,494-178,93781,489241,922143,455177,580102,257-71,608
Tax-24,941-12,619-31,836-17,0194,457-81,357-13,372-44,007-16,613-63,239-34,316-46,309-10,7962,449
Profit After Tax79,227164,83286,744-19,64124,461-53,10163,465182,487-178,93764,876178,683109,139131,27191,461-69,159
Dividends Paid
Retained Profit79,227164,83286,744-19,64124,461-53,10163,465182,487-178,93764,876178,683109,139131,27191,461-69,159
Employee Costs433,569413,018377,301399,756450,778459,441445,700522,676629,568621,895568,597483,045524,418551,505443,918
Number Of Employees151515181919202230323131323124
EBITDA*105,506181,167120,43411,36737,47844,90895,786254,353-167,32788,050252,681150,747183,447105,406-74,559

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets32,60442,2457,1242,50217,40634,39846,45151,79667,1065,9552,1585,2765,3115,8145,220
Intangible Assets
Investments & Other
Debtors (Due After 1 year)2,6691,462
Total Fixed Assets32,60442,2459,7933,96417,40634,39846,45151,79667,1065,9552,1585,2765,3115,8145,220
Stock & work in progress176,177174,074166,374218,845240,607210,726171,772187,722264,498133,81196,479101,516125,11191,37065,867
Trade Debtors511,9764,53920,2998,44036,37047,4616,6427,44121,69839,75039,18158,69671,306
Group Debtors23,25119,62045,0569,81460,742122,15543,96769,48813,51764,86449,33196,05319,90458,504
Misc Debtors56,31068,93029,01191,469105,63384,72054,33329,97751,53614,05015,21311,7535,4421,1625,924
Cash195,976464,567317,430150,921143,68123,108172,180322,71355,364225,225241,361233,563238,11362,30748,214
misc current assets
total current assets451,765727,191559,847475,588570,962449,149478,622657,361391,557445,391424,082482,635427,751272,039191,311
total assets484,369769,436569,640479,552588,368483,547525,073709,157458,663451,346426,240487,911433,062277,853196,531
Bank overdraft
Bank loan
Trade Creditors 46,80547,55525,63338,76856,39736,22134,2669,6427,7993,67822,1253,28424,8223,9984,459
Group/Directors Accounts4,86030,5851329,60216,80159631,645
other short term finances
hp & lease commitments
other current liabilities65,06426,33327,52615,90756,16726,83517,25244,42528,12941,12852,34955,242104,199101,68179,714
total current liabilities111,86973,88858,01954,675143,14963,05651,51854,06736,06044,80684,07675,327129,617105,679115,818
loans9,1819,002245,000195,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions7,63910,093701434397397397397897
total long term liabilities16,82019,095701434397245,397195,397397897
total liabilities128,68992,98358,01954,675143,85063,49051,915299,464231,45745,20384,97375,327129,617105,679115,818
net assets355,680676,453511,621424,877444,518420,057473,158409,693227,206406,143341,267412,584303,445172,17480,713
total shareholders funds355,680676,453511,621424,877444,518420,057473,158409,693227,206406,143341,267412,584303,445172,17480,713
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit95,865176,015119,150-2,57620,48628,79481,103239,043-173,77084,085248,292146,716179,99597,250-76,558
Depreciation9,6415,1521,28413,94316,99216,11414,68315,3106,4433,9654,3894,0313,4528,1561,999
Amortisation
Tax-24,941-12,619-31,836-17,0194,457-81,357-13,372-44,007-16,613-63,239-34,316-46,309-10,7962,449
Stock2,1037,700-52,471-21,76229,88138,954-15,950-76,776130,68737,332-5,037-23,59533,74125,50365,867
Debtors-8,9389,838-28,572-79,390-28,64180,645-12,25675,231-14,660113-61,31483,029-53,83541,13277,230
Creditors-75021,922-13,135-17,62920,1761,95524,6241,8434,121-18,44718,841-21,53820,824-4614,459
Accruals and Deferred Income38,731-1,19311,619-40,26029,3329,583-27,17316,296-12,999-11,221-2,893-48,9572,51821,96779,714
Deferred Taxes & Provisions-2,45410,093-70126737-500897
Cash flow from operations122,927181,832168,12536,91090,470-144,473108,071230,030-292,2323,824272,638-13,498180,57449,481-131,034
Investing Activities
capital expenditure-4,061-67,594-7,762-1,271-3,996-2,949-8,750-7,219
Change in Investments
cash flow from investments-4,061-67,594-7,762-1,271-3,996-2,949-8,750-7,219
Financing Activities
Bank loans
Group/Directors Accounts-4,8604,860-30,58530,585-132132-9,602-7,19916,205596-31,64531,645
Other Short Term Loans
Long term loans1799,002-245,00050,000195,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue-400,000-250,000149,872
interest8,3031,436-570-46-482-2,458-12,155-3,6042415-3,443
cash flow from financing-391,5185,5784,290-30,63130,103-247,45837,713191,528-9,602-257,19716,209597-31,640178,074
cash and cash equivalents
cash-268,591147,137166,5097,240120,573-149,072-150,533267,349-169,861-16,1367,798-4,550175,80614,09348,214
overdraft
change in cash-268,591147,137166,5097,240120,573-149,072-150,533267,349-169,861-16,1367,798-4,550175,80614,09348,214

nu-type 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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Nu-type Limited Competitor Analysis

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Perform a competitor analysis for nu-type limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EX13 area or any other competitors across 12 key performance metrics.

nu-type limited Ownership

NU-TYPE LIMITED group structure

Nu-Type Limited has no subsidiary companies.

Ultimate parent company

DATACARD SALES CAYMAN ISLANDS

#0109319

2 parents

NU-TYPE LIMITED

02165728

NU-TYPE LIMITED Shareholders

data card international ltd 100%

nu-type limited directors

Nu-Type Limited currently has 2 directors. The longest serving directors include Ms Lisa Tibbits (Feb 2010) and Mr Jeffrey Smolinski (Feb 2010).

officercountryagestartendrole
Ms Lisa TibbitsUnited States56 years Feb 2010- Director
Mr Jeffrey Smolinski63 years Feb 2010- Director

P&L

March 2024

turnover

819.3k

0%

operating profit

95.9k

-46%

gross margin

13.2%

-42.34%

turnover

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

Balance Sheet

March 2024

net assets

355.7k

-0.47%

total assets

484.4k

-0.37%

cash

196k

-0.58%

net assets

Total assets minus all liabilities

nu-type limited company details

company number

02165728

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

September 1987

age

38

incorporated

UK

ultimate parent company

DATACARD SALES CAYMAN ISLANDS

accounts

Audit Exemption Subsidiary

last accounts submitted

March 2024

previous names

wrightmist limited (January 1988)

accountant

-

auditor

-

address

weycroft avenue, axminster, devon, EX13 5HU

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

nu-type 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 1 charges/mortgages relating to nu-type limited. Currently there are 0 open charges and 1 have been satisfied in the past.

nu-type 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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nu-type limited Companies House Filings - See Documents

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