national australia finance (commercial leasing) limited
national australia finance (commercial leasing) limited Company Information
Company Number
02248489
Next Accounts
Jun 2025
Industry
Financial leasing
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
national australia finance (europe holdings) ltd
Group Structure
View All
Contact
Registered Address
52 lime street, london, EC3M 7AF
Website
http://nabgroup.com.aunational australia finance (commercial leasing) limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED at £2.1m based on a Turnover of £1.5m and 1.39x industry multiple (adjusted for size and gross margin).
national australia finance (commercial leasing) limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED at £809.2k based on an EBITDA of £154.2k and a 5.25x industry multiple (adjusted for size and gross margin).
national australia finance (commercial leasing) limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED at £3.9m based on Net Assets of £2.3m and 1.65x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
National Australia Finance (commercial Leasing) Limited Overview
National Australia Finance (commercial Leasing) Limited is a live company located in london, EC3M 7AF with a Companies House number of 02248489. It operates in the financial leasing sector, SIC Code 64910. Founded in April 1988, it's largest shareholder is national australia finance (europe holdings) ltd with a 100% stake. National Australia Finance (commercial Leasing) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.
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National Australia Finance (commercial Leasing) Limited Health Check
Pomanda's financial health check has awarded National Australia Finance (Commercial Leasing) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3.8m)
£1.5m - National Australia Finance (commercial Leasing) Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (0.7%)
52% - National Australia Finance (commercial Leasing) Limited
0.7% - Industry AVG
Production
with a gross margin of 53.4%, this company has a comparable cost of product (53.4%)
53.4% - National Australia Finance (commercial Leasing) Limited
53.4% - Industry AVG
Profitability
an operating margin of 10.4% make it less profitable than the average company (21%)
10.4% - National Australia Finance (commercial Leasing) Limited
21% - Industry AVG
Employees
with 6 employees, this is below the industry average (10)
- National Australia Finance (commercial Leasing) Limited
10 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- National Australia Finance (commercial Leasing) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £247.7k, this is less efficient (£357.6k)
- National Australia Finance (commercial Leasing) Limited
£357.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - National Australia Finance (commercial Leasing) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - National Australia Finance (commercial Leasing) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - National Australia Finance (commercial Leasing) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (18 weeks)
4 weeks - National Australia Finance (commercial Leasing) Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.8%, this is a higher level of debt than the average (82.1%)
92.8% - National Australia Finance (commercial Leasing) Limited
82.1% - Industry AVG
NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED financials
National Australia Finance (Commercial Leasing) Limited's latest turnover from September 2023 is £1.5 million and the company has net assets of £2.3 million. According to their latest financial statements, we estimate that National Australia Finance (Commercial Leasing) Limited has 6 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,486,108 | 480,726 | 260,088 | 419,265 | 56,762 | -12,930 | -6,451 | 2,885 | 863,941 | 46,899 | -816,854 | -437,623 | 753,787 | -357,929 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 1,225,430 | 220,825 | 19,124 | 0 | 45,632 | 1,680 | 1,176 | 1,871 | 2,211 | 2,913 | 107,225 | 190,573 | 147,950 | 202,718 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 259,617 | 248,897 | 240,964 | 245,734 | 98,170 | 333 | -8,060 | 581 | 861,330 | 43,586 | -775,990 | -628,596 | 604,687 | -560,647 |
| Tax | -57,061 | -33,017 | 19,240 | 26,110 | 32,616 | 95,167 | -17,861 | -54,769 | -445,396 | -220,012 | 962,597 | 378,592 | 4,116 | 644,748 |
| Profit After Tax | 202,556 | 215,880 | 260,204 | 271,844 | 130,786 | 95,500 | -25,921 | -54,188 | 415,934 | -176,426 | 186,607 | -250,004 | 608,803 | 84,101 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,500,000 | 0 |
| Retained Profit | 202,556 | 215,880 | 260,204 | 271,844 | 130,786 | 95,500 | -25,921 | -54,188 | 415,934 | -176,426 | -313,393 | -250,004 | -1,891,197 | 84,101 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,992,275 | 30,573,710 | 30,606,147 | 30,710,810 | 30,873,068 | 5,712,134 | 631,929 | 1,301,416 | 1,545,228 | 1,995,382 | 2,779,448 | 10,484,194 | 21,557,449 | 21,575,033 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 29,924,221 | 30,037,786 | 30,130,928 | 5,250,855 | 0 | 495,000 | 495,000 | 495,000 | 495,000 | 495,000 | 495,000 | 495,000 |
| Debtors (Due After 1 year) | 29,694,100 | 30,218,474 | 340,963 | 336,512 | 371,070 | 0 | 0 | 0 | 0 | 0 | 0 | 9,635,266 | 21,062,449 | 21,080,033 |
| Total Fixed Assets | 29,694,100 | 30,218,474 | 30,265,184 | 30,374,298 | 30,501,998 | 5,712,134 | 631,929 | 1,301,416 | 1,545,228 | 1,995,382 | 2,779,448 | 10,484,194 | 21,557,449 | 21,575,033 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 56,625 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 90,352 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61,288 | 581,611 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 1,032,983 | 0 | 0 | 0 | 0 | 386 | 4,367 | 0 | 0 |
| Cash | 2,382,524 | 2,031,158 | 1,802,418 | 1,411,385 | 185,026 | 107,367 | 714,935 | 216,658 | 301,378 | 748,605 | 716,572 | 1,535,773 | 1,324,254 | 4,986,415 |
| misc current assets | 457,439 | 81,362 | 94,099 | 92,535 | 88,967 | 212,443 | 38,904 | 0 | 0 | 0 | 0 | 11,273,325 | 0 | 0 |
| total current assets | 2,839,963 | 2,112,520 | 1,896,517 | 1,594,272 | 5,445,011 | 1,409,418 | 753,839 | 216,658 | 301,378 | 748,605 | 716,958 | 12,813,465 | 1,385,542 | 5,568,026 |
| total assets | 32,534,063 | 32,330,994 | 32,161,701 | 31,968,570 | 35,947,009 | 7,121,552 | 1,385,768 | 1,518,074 | 1,846,606 | 2,743,987 | 3,496,406 | 23,297,659 | 22,942,991 | 27,143,059 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 2,389 | 2,945 | 3,836 | 4,774 | 6,933 | 0 | 49,518 | 0 |
| other current liabilities | 30,195,626 | 30,195,113 | 30,241,700 | 30,308,773 | 34,559,056 | 5,864,385 | 221,712 | 327,541 | 600,994 | 1,913,371 | 2,487,205 | 21,981,998 | 21,104,423 | 23,184,743 |
| total current liabilities | 30,195,626 | 30,195,113 | 30,241,700 | 30,308,773 | 34,559,056 | 5,864,385 | 224,101 | 330,486 | 604,830 | 1,918,145 | 2,494,138 | 21,981,998 | 21,153,941 | 23,184,743 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 446,770 | 1,002,908 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 223,385 | 501,454 |
| total liabilities | 30,195,626 | 30,195,113 | 30,241,700 | 30,308,773 | 34,559,056 | 5,864,385 | 224,101 | 330,486 | 604,830 | 1,918,145 | 2,494,138 | 21,981,998 | 21,377,326 | 23,686,197 |
| net assets | 2,338,437 | 2,135,881 | 1,920,001 | 1,659,797 | 1,387,953 | 1,257,167 | 1,161,667 | 1,187,588 | 1,241,776 | 825,842 | 1,002,268 | 1,315,661 | 1,565,665 | 3,456,862 |
| total shareholders funds | 2,338,437 | 2,135,881 | 1,920,001 | 1,659,797 | 1,387,953 | 1,257,167 | 1,161,667 | 1,187,588 | 1,241,776 | 825,842 | 1,002,268 | 1,315,661 | 1,565,665 | 3,456,862 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -57,061 | -33,017 | 19,240 | 26,110 | 32,616 | 95,167 | -17,861 | -54,769 | -445,396 | -220,012 | 962,597 | 378,592 | 4,116 | 644,748 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -524,374 | 29,877,511 | -85,901 | 55,794 | -718,538 | 1,089,608 | 0 | 0 | 0 | -386 | -9,639,247 | -11,484,104 | -537,907 | 21,661,644 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 513 | -46,587 | -67,073 | -4,250,283 | 28,694,671 | 5,642,673 | -105,829 | -273,453 | -1,312,377 | -573,834 | -19,494,793 | 877,575 | -2,080,320 | 23,184,743 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -446,770 | -556,138 | 1,002,908 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -29,924,221 | -113,565 | -93,142 | 24,880,073 | 5,250,855 | -495,000 | 0 | 0 | 0 | 0 | 0 | 0 | 495,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -2,389 | -556 | -891 | -938 | -2,159 | 6,933 | -49,518 | 49,518 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,225,430 | -220,825 | -19,124 | 0 | -45,632 | -1,680 | -1,176 | -1,871 | -2,211 | -2,913 | -107,225 | -190,573 | -147,950 | -202,718 |
| cash flow from financing | -1,225,430 | -220,825 | -19,124 | 0 | -45,632 | -4,069 | -1,732 | -2,762 | -3,149 | -5,072 | -100,292 | -240,091 | -98,432 | 3,170,043 |
| cash and cash equivalents | ||||||||||||||
| cash | 351,366 | 228,740 | 391,033 | 1,226,359 | 77,659 | -607,568 | 498,277 | -84,720 | -447,227 | 32,033 | -819,201 | 211,519 | -3,662,161 | 4,986,415 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 351,366 | 228,740 | 391,033 | 1,226,359 | 77,659 | -607,568 | 498,277 | -84,720 | -447,227 | 32,033 | -819,201 | 211,519 | -3,662,161 | 4,986,415 |
national australia finance (commercial leasing) limited Credit Report and Business Information
National Australia Finance (commercial Leasing) Limited Competitor Analysis
Perform a competitor analysis for national australia finance (commercial leasing) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3M area or any other competitors across 12 key performance metrics.
national australia finance (commercial leasing) limited Ownership
NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED group structure
National Australia Finance (Commercial Leasing) Limited has no subsidiary companies.
Ultimate parent company
NATIONAL AUSTRALIA BANK LTD
#0005807
2 parents
NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED
02248489
national australia finance (commercial leasing) limited directors
National Australia Finance (Commercial Leasing) Limited currently has 3 directors. The longest serving directors include Mr Rolfe Lakin (Mar 2000) and Ms Lelia Bailey (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rolfe Lakin | 63 years | Mar 2000 | - | Director | |
| Ms Lelia Bailey | 45 years | Sep 2021 | - | Director | |
| Ms Jill O'Brien | England | 43 years | Sep 2021 | - | Director |
P&L
September 2023turnover
1.5m
+209%
operating profit
154.2k
0%
gross margin
53.4%
-9.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.3m
+0.09%
total assets
32.5m
+0.01%
cash
2.4m
+0.17%
net assets
Total assets minus all liabilities
national australia finance (commercial leasing) limited company details
company number
02248489
Type
Private limited with Share Capital
industry
64910 - Financial leasing
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 1988
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
abau limited (July 1988)
accountant
-
auditor
ERNST & YOUNG LLP
address
52 lime street, london, EC3M 7AF
Bank
NATIONAL AUSTRALIA BANK LIMITED
Legal Advisor
-
national australia finance (commercial leasing) 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 6 charges/mortgages relating to national australia finance (commercial leasing) limited. Currently there are 2 open charges and 4 have been satisfied in the past.
national australia finance (commercial leasing) 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 NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED. This can take several minutes, an email will notify you when this has completed.
national australia finance (commercial leasing) limited Companies House Filings - See Documents
| date | description | view/download |
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