nacrogate limited
nacrogate limited Company Information
Company Number
02279524
Next Accounts
2635 days late
Shareholders
peter walter robert mcardell
june hampton
View AllGroup Structure
View All
Industry
Washing and (dry-)cleaning of textile and fur products
Registered Address
lymedale business centre, lymedale business park, newcastle, staffordshire, ST5 9QF
Website
-nacrogate limited Estimated Valuation
Pomanda estimates the enterprise value of NACROGATE LIMITED at £133.1k based on a Turnover of £283.9k and 0.47x industry multiple (adjusted for size and gross margin).
nacrogate limited Estimated Valuation
Pomanda estimates the enterprise value of NACROGATE LIMITED at £14.4k based on an EBITDA of £5.5k and a 2.64x industry multiple (adjusted for size and gross margin).
nacrogate limited Estimated Valuation
Pomanda estimates the enterprise value of NACROGATE LIMITED at £1.3k based on Net Assets of £572 and 2.32x industry multiple (adjusted for liquidity).
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Nacrogate Limited Overview
Nacrogate Limited is a live company located in newcastle, ST5 9QF with a Companies House number of 02279524. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in July 1988, it's largest shareholder is peter walter robert mcardell with a 36% stake. Nacrogate Limited is a mature, micro sized company, Pomanda has estimated its turnover at £283.9k with low growth in recent years.
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Nacrogate Limited Health Check
Pomanda's financial health check has awarded Nacrogate Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £283.9k, make it larger than the average company (£110.2k)
- Nacrogate Limited
£110.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.3%)
- Nacrogate Limited
3.3% - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (51.4%)
- Nacrogate Limited
51.4% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.5%)
- Nacrogate Limited
5.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (109)
- Nacrogate Limited
109 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has an equivalent pay structure (£19.5k)
- Nacrogate Limited
£19.5k - Industry AVG
Efficiency
resulting in sales per employee of £56.8k, this is more efficient (£45k)
- Nacrogate Limited
£45k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (41 days)
- Nacrogate Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 178 days, this is slower than average (45 days)
- Nacrogate Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (25 days)
- Nacrogate Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Nacrogate Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (75.8%)
99.4% - Nacrogate Limited
75.8% - Industry AVG
NACROGATE LIMITED financials
Nacrogate Limited's latest turnover from March 2016 is estimated at £283.9 thousand and the company has net assets of £572. According to their latest financial statements, we estimate that Nacrogate Limited has 5 employees and maintains cash reserves of £31 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,690 | 8,857 | 8,605 | 9,991 | 13,034 | 17,015 | 10,875 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 15,690 | 8,857 | 8,605 | 9,991 | 13,034 | 17,015 | 10,875 |
| Stock & work in progress | 3,220 | 2,163 | 2,047 | 951 | 1,691 | 1,989 | 1,875 |
| Trade Debtors | 65,827 | 48,438 | 57,098 | 66,989 | 87,063 | 79,370 | 68,642 |
| Group Debtors | |||||||
| Misc Debtors | 9,630 | 5,306 | 4,162 | ||||
| Cash | 31 | 108 | 465 | 15,477 | 38 | 6,533 | 5,970 |
| misc current assets | |||||||
| total current assets | 78,708 | 56,015 | 59,610 | 83,417 | 88,792 | 92,054 | 76,487 |
| total assets | 94,398 | 64,872 | 68,215 | 93,408 | 101,826 | 109,069 | 87,362 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 90,688 | 62,721 | 52,685 | 80,239 | 100,313 | 98,741 | 83,209 |
| Group/Directors Accounts | |||||||
| other short term finances | 13,667 | ||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 90,688 | 62,721 | 66,352 | 80,239 | 100,313 | 98,741 | 83,209 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 1,344 | ||||||
| provisions | 3,138 | 1,771 | 1,569 | 955 | 1,333 | 1,902 | 195 |
| total long term liabilities | 3,138 | 1,771 | 1,569 | 955 | 1,333 | 1,902 | 1,539 |
| total liabilities | 93,826 | 64,492 | 67,921 | 81,194 | 101,646 | 100,643 | 84,748 |
| net assets | 572 | 380 | 294 | 12,214 | 180 | 8,426 | 2,614 |
| total shareholders funds | 572 | 380 | 294 | 12,214 | 180 | 8,426 | 2,614 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 5,231 | 2,952 | 2,505 | 3,043 | 3,981 | 5,218 | 3,500 |
| Amortisation | |||||||
| Tax | |||||||
| Stock | 1,057 | 116 | 1,096 | -740 | -298 | 114 | 1,875 |
| Debtors | 21,713 | -3,354 | -9,891 | -20,074 | 3,531 | 14,890 | 68,642 |
| Creditors | 27,967 | 10,036 | -27,554 | -20,074 | 1,572 | 15,532 | 83,209 |
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | 1,367 | 202 | 614 | -378 | -569 | 1,707 | 195 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | -13,667 | 13,667 | |||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -1,344 | 1,344 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -77 | -357 | -15,012 | 15,439 | -6,495 | 563 | 5,970 |
| overdraft | |||||||
| change in cash | -77 | -357 | -15,012 | 15,439 | -6,495 | 563 | 5,970 |
nacrogate limited Credit Report and Business Information
Nacrogate Limited Competitor Analysis
Perform a competitor analysis for nacrogate limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in ST5 area or any other competitors across 12 key performance metrics.
nacrogate limited Ownership
NACROGATE LIMITED group structure
Nacrogate Limited has no subsidiary companies.
Ultimate parent company
NACROGATE LIMITED
02279524
nacrogate limited directors
Nacrogate Limited currently has 2 directors. The longest serving directors include Mrs Hilary McArdell (Jul 1991) and Mr Peter McArdell (Mar 1995).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Hilary McArdell | 67 years | Jul 1991 | - | Director | |
| Mr Peter McArdell | 74 years | Mar 1995 | - | Director |
P&L
March 2016turnover
283.9k
+51%
operating profit
239.7
0%
gross margin
34.7%
+1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
572
+0.51%
total assets
94.4k
+0.46%
cash
31
-0.71%
net assets
Total assets minus all liabilities
nacrogate limited company details
company number
02279524
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
July 1988
age
37
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2016
previous names
N/A
accountant
-
auditor
-
address
lymedale business centre, lymedale business park, newcastle, staffordshire, ST5 9QF
Bank
-
Legal Advisor
-
nacrogate 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 nacrogate limited. Currently there are 0 open charges and 1 have been satisfied in the past.
nacrogate 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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nacrogate limited Companies House Filings - See Documents
| date | description | view/download |
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