ng bailey it services limited
ng bailey it services limited Company Information
Company Number
02338401
Next Accounts
Dec 2025
Industry
Other telecommunications activities
Wired telecommunications activities
Shareholders
n g bailey ltd
Group Structure
View All
Contact
Registered Address
7 brown lane west, leeds, LS12 6EH
Website
www.ngbailey.co.ukng bailey it services limited Estimated Valuation
Pomanda estimates the enterprise value of NG BAILEY IT SERVICES LIMITED at £40.7m based on a Turnover of £34.1m and 1.19x industry multiple (adjusted for size and gross margin).
ng bailey it services limited Estimated Valuation
Pomanda estimates the enterprise value of NG BAILEY IT SERVICES LIMITED at £20.2m based on an EBITDA of £4.1m and a 4.9x industry multiple (adjusted for size and gross margin).
ng bailey it services limited Estimated Valuation
Pomanda estimates the enterprise value of NG BAILEY IT SERVICES LIMITED at £38.7m based on Net Assets of £14.9m and 2.6x industry multiple (adjusted for liquidity).
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Ng Bailey It Services Limited Overview
Ng Bailey It Services Limited is a live company located in leeds, LS12 6EH with a Companies House number of 02338401. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in January 1989, it's largest shareholder is n g bailey ltd with a 100% stake. Ng Bailey It Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £34.1m with healthy growth in recent years.
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Ng Bailey It Services Limited Health Check
Pomanda's financial health check has awarded Ng Bailey It Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £34.1m, make it larger than the average company (£9.1m)
£34.1m - Ng Bailey It Services Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.3%)
10% - Ng Bailey It Services Limited
6.3% - Industry AVG
Production
with a gross margin of 23.6%, this company has a higher cost of product (39.4%)
23.6% - Ng Bailey It Services Limited
39.4% - Industry AVG
Profitability
an operating margin of 12.1% make it more profitable than the average company (3.4%)
12.1% - Ng Bailey It Services Limited
3.4% - Industry AVG
Employees
with 250 employees, this is above the industry average (59)
250 - Ng Bailey It Services Limited
59 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£56.3k)
£51.9k - Ng Bailey It Services Limited
£56.3k - Industry AVG
Efficiency
resulting in sales per employee of £136.5k, this is less efficient (£188.2k)
£136.5k - Ng Bailey It Services Limited
£188.2k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (41 days)
64 days - Ng Bailey It Services Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is close to average (45 days)
44 days - Ng Bailey It Services Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ng Bailey It Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (13 weeks)
16 weeks - Ng Bailey It Services Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.1%, this is a lower level of debt than the average (68.2%)
46.1% - Ng Bailey It Services Limited
68.2% - Industry AVG
NG BAILEY IT SERVICES LIMITED financials
Ng Bailey It Services Limited's latest turnover from March 2024 is £34.1 million and the company has net assets of £14.9 million. According to their latest financial statements, Ng Bailey It Services Limited has 250 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 34,122,000 | 28,026,000 | 28,144,000 | 25,806,000 | 30,751,000 | 33,932,000 | 60,744,000 | 75,939,000 | 59,678,000 | 60,529,000 | 56,353,000 | 52,046,000 | 52,589,998 | 44,806,378 | 46,074,552 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 26,057,000 | 21,004,000 | 22,101,000 | 21,527,000 | 24,795,000 | 27,906,000 | 51,895,000 | 63,766,000 | 48,998,000 | 49,274,000 | 46,876,000 | 43,893,000 | 42,489,565 | 36,463,775 | 37,715,637 |
| Gross Profit | 8,065,000 | 7,022,000 | 6,043,000 | 4,279,000 | 5,956,000 | 6,026,000 | 8,849,000 | 12,173,000 | 10,680,000 | 11,255,000 | 9,477,000 | 8,153,000 | 10,100,433 | 8,342,603 | 8,358,915 |
| Admin Expenses | 3,939,000 | 3,668,000 | 3,666,000 | 3,473,000 | 4,767,000 | 5,331,000 | 6,957,000 | 8,058,000 | 7,708,000 | 7,812,000 | 6,951,000 | 7,481,000 | 8,990,996 | 7,758,573 | 13,388,945 |
| Operating Profit | 4,126,000 | 3,354,000 | 2,377,000 | 806,000 | 1,189,000 | 695,000 | 1,892,000 | 4,115,000 | 2,972,000 | 3,443,000 | 2,526,000 | 672,000 | 1,109,437 | 584,030 | -5,030,030 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,651 | 61,688 | 50,098 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 4,126,000 | 3,354,000 | 2,772,000 | 806,000 | 1,189,000 | 595,000 | -426,000 | 5,115,000 | 2,972,000 | 3,443,000 | 2,526,000 | 672,000 | 1,080,786 | 522,342 | -5,080,128 |
| Tax | -937,000 | -660,000 | -367,000 | -70,000 | -269,000 | -80,000 | 5,000 | -910,000 | -564,000 | -730,000 | -519,000 | 409,000 | 224,342 | -169,454 | 413,114 |
| Profit After Tax | 3,189,000 | 2,694,000 | 2,405,000 | 736,000 | 920,000 | 515,000 | -421,000 | 4,205,000 | 2,408,000 | 2,713,000 | 2,007,000 | 1,081,000 | 1,305,128 | 352,888 | -4,667,014 |
| Dividends Paid | 1,500,000 | 2,500,000 | 2,000,000 | 0 | 0 | 0 | 0 | 4,200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,689,000 | 194,000 | 405,000 | 736,000 | 920,000 | 515,000 | -421,000 | 5,000 | 2,408,000 | 2,713,000 | 2,007,000 | 1,081,000 | 1,305,128 | 352,888 | -4,667,014 |
| Employee Costs | 12,975,000 | 11,679,000 | 11,440,000 | 11,323,000 | 12,597,000 | 14,361,000 | 18,368,000 | 19,570,000 | 16,740,000 | 15,068,000 | 13,224,000 | 13,754,000 | 15,025,839 | 12,908,328 | 13,705,147 |
| Number Of Employees | 250 | 233 | 229 | 241 | 247 | 299 | 415 | 410 | 334 | 297 | 258 | 270 | 301 | 304 | 284 |
| EBITDA* | 4,126,000 | 3,354,000 | 2,407,000 | 879,000 | 1,312,000 | 845,000 | 2,025,000 | 4,177,000 | 2,991,000 | 3,473,000 | 2,592,000 | 747,000 | 1,247,043 | 721,802 | -4,920,750 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 30,000 | 103,000 | 226,000 | 440,000 | 391,000 | 46,000 | 12,000 | 46,000 | 110,000 | 141,824 | 252,834 | 148,322 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 120,000 | 495,000 | 495,000 | 495,000 | 495,000 | 495,000 | 495,821 | 495,821 | 802,929 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,000 | 20,000 | 20,000 | 50,000 | 123,000 | 246,000 | 560,000 | 886,000 | 541,000 | 507,000 | 541,000 | 605,000 | 637,645 | 748,655 | 951,251 |
| Stock & work in progress | 0 | 0 | 1,000 | 4,000 | 54,000 | 125,000 | 168,000 | 223,000 | 46,000 | 30,000 | 14,000 | 4,000 | 486,073 | 1,175,900 | 942,654 |
| Trade Debtors | 6,015,000 | 19,159,000 | 4,165,000 | 3,842,000 | 5,675,000 | 6,043,000 | 13,262,000 | 22,696,000 | 6,886,000 | 4,195,000 | 9,036,000 | 10,012,000 | 6,361,819 | 7,576,477 | 11,524,460 |
| Group Debtors | 16,878,000 | 0 | 16,477,000 | 16,496,000 | 14,339,000 | 12,782,000 | 13,092,000 | 8,775,000 | 17,627,000 | 14,090,000 | 10,315,000 | 5,757,000 | 2,789,293 | 16,470,746 | 2,676,146 |
| Misc Debtors | 582,000 | 102,000 | 530,000 | 620,000 | 827,000 | 788,000 | 1,150,000 | 1,243,000 | 7,310,000 | 6,649,000 | 998,000 | 630,000 | 2,646,839 | 1,563,140 | 2,215,220 |
| Cash | 4,124,000 | 3,526,000 | 2,888,000 | 1,072,000 | 75,000 | 5,000 | 56,000 | 26,000 | 18,000 | 1,148,000 | 20,000 | 1,292,000 | 134,395 | 89,631 | 78,104 |
| misc current assets | 0 | 0 | 109,000 | 0 | 0 | 250,000 | 236,000 | 396,000 | 463,000 | 514,000 | 523,000 | 713,000 | 801,818 | 447,677 | 596,382 |
| total current assets | 27,599,000 | 22,787,000 | 24,170,000 | 22,034,000 | 20,970,000 | 19,993,000 | 27,964,000 | 33,359,000 | 32,350,000 | 26,626,000 | 20,906,000 | 18,408,000 | 13,220,237 | 27,323,571 | 18,032,966 |
| total assets | 27,619,000 | 22,807,000 | 24,190,000 | 22,084,000 | 21,093,000 | 20,239,000 | 28,524,000 | 34,245,000 | 32,891,000 | 27,133,000 | 21,447,000 | 19,013,000 | 13,857,882 | 28,072,226 | 18,984,217 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 3,194,000 | 1,370,000 | 2,199,000 | 1,331,000 | 3,115,000 | 2,999,000 | 13,635,000 | 17,130,000 | 19,246,000 | 14,169,000 | 11,903,000 | 12,907,000 | 8,464,525 | 9,208,464 | 9,095,520 |
| Group/Directors Accounts | 0 | 0 | 312,000 | 89,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,438,590 | 6,795,467 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 9,539,000 | 8,240,000 | 8,676,000 | 8,066,000 | 6,116,000 | 6,298,000 | 4,462,000 | 6,267,000 | 2,802,000 | 4,528,000 | 3,651,000 | 2,220,000 | 2,588,767 | 1,925,710 | 1,946,656 |
| total current liabilities | 12,733,000 | 9,610,000 | 11,187,000 | 9,486,000 | 9,231,000 | 9,297,000 | 18,097,000 | 23,397,000 | 22,048,000 | 18,697,000 | 15,554,000 | 15,127,000 | 11,053,292 | 26,572,764 | 17,837,643 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000,000 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 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 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000,000 |
| total liabilities | 12,733,000 | 9,610,000 | 11,187,000 | 9,486,000 | 9,231,000 | 9,297,000 | 18,097,000 | 23,397,000 | 22,048,000 | 18,697,000 | 15,554,000 | 15,127,000 | 11,053,292 | 26,572,764 | 37,837,643 |
| net assets | 14,886,000 | 13,197,000 | 13,003,000 | 12,598,000 | 11,862,000 | 10,942,000 | 10,427,000 | 10,848,000 | 10,843,000 | 8,436,000 | 5,893,000 | 3,886,000 | 2,804,590 | 1,499,462 | -18,853,426 |
| total shareholders funds | 14,886,000 | 13,197,000 | 13,003,000 | 12,598,000 | 11,862,000 | 10,942,000 | 10,427,000 | 10,848,000 | 10,843,000 | 8,436,000 | 5,893,000 | 3,886,000 | 2,804,590 | 1,499,462 | -18,853,426 |
| Mar 2024 | Mar 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,126,000 | 3,354,000 | 2,377,000 | 806,000 | 1,189,000 | 695,000 | 1,892,000 | 4,115,000 | 2,972,000 | 3,443,000 | 2,526,000 | 672,000 | 1,109,437 | 584,030 | -5,030,030 |
| Depreciation | 0 | 0 | 30,000 | 73,000 | 123,000 | 150,000 | 133,000 | 62,000 | 19,000 | 30,000 | 66,000 | 75,000 | 137,606 | 137,772 | 109,280 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -937,000 | -660,000 | -367,000 | -70,000 | -269,000 | -80,000 | 5,000 | -910,000 | -564,000 | -730,000 | -519,000 | 409,000 | 224,342 | -169,454 | 413,114 |
| Stock | 0 | -1,000 | -3,000 | -50,000 | -71,000 | -43,000 | -55,000 | 177,000 | 16,000 | 16,000 | 10,000 | -482,073 | -689,827 | 233,246 | 942,654 |
| Debtors | 4,214,000 | -1,911,000 | 214,000 | 117,000 | 1,228,000 | -7,891,000 | -5,210,000 | 891,000 | 6,889,000 | 4,585,000 | 3,950,000 | 4,601,049 | -13,812,412 | 9,194,537 | 16,415,826 |
| Creditors | 1,824,000 | -829,000 | 868,000 | -1,784,000 | 116,000 | -10,636,000 | -3,495,000 | -2,116,000 | 5,077,000 | 2,266,000 | -1,004,000 | 4,442,475 | -743,939 | 112,944 | 9,095,520 |
| Accruals and Deferred Income | 1,299,000 | -436,000 | 610,000 | 1,950,000 | -182,000 | 1,836,000 | -1,805,000 | 3,465,000 | -1,726,000 | 877,000 | 1,431,000 | -368,767 | 663,057 | -20,946 | 1,946,656 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,098,000 | 3,341,000 | 3,307,000 | 908,000 | -180,000 | -101,000 | 1,995,000 | 3,548,000 | -1,127,000 | 1,285,000 | -1,460,000 | 1,110,732 | 15,892,742 | -8,783,437 | -10,823,940 |
| Investing Activities | |||||||||||||||
| capital expenditure | -242,284 | -150,864 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -100,000 | -375,000 | 0 | 0 | 0 | 0 | -821 | 0 | -307,108 | 802,929 |
| cash flow from investments | 64,824 | -953,793 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -312,000 | 223,000 | 89,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,438,590 | 8,643,123 | 6,795,467 |
| Other Short Term Loans | 0 | 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 | -20,000,000 | 20,000,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28,651 | -61,688 | -50,098 |
| cash flow from financing | 0 | -312,000 | 223,000 | 89,000 | 0 | 0 | 0 | 0 | -1,000 | -170,000 | 0 | 410 | -15,467,241 | 8,581,435 | 12,558,957 |
| cash and cash equivalents | |||||||||||||||
| cash | 598,000 | 638,000 | 1,816,000 | 997,000 | 70,000 | -51,000 | 30,000 | 8,000 | -1,130,000 | 1,128,000 | -1,272,000 | 1,157,605 | 44,764 | 11,527 | 78,104 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 598,000 | 638,000 | 1,816,000 | 997,000 | 70,000 | -51,000 | 30,000 | 8,000 | -1,130,000 | 1,128,000 | -1,272,000 | 1,157,605 | 44,764 | 11,527 | 78,104 |
ng bailey it services limited Credit Report and Business Information
Ng Bailey It Services Limited Competitor Analysis
Perform a competitor analysis for ng bailey it services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in LS12 area or any other competitors across 12 key performance metrics.
ng bailey it services limited Ownership
NG BAILEY IT SERVICES LIMITED group structure
Ng Bailey It Services Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
NG BAILEY IT SERVICES LIMITED
02338401
2 subsidiaries
ng bailey it services limited directors
Ng Bailey It Services Limited currently has 2 directors. The longest serving directors include Mr Jonathan Stockton (Jul 2020) and Mrs Rachel Salmon (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Stockton | United Kingdom | 42 years | Jul 2020 | - | Director |
| Mrs Rachel Salmon | England | 49 years | Jun 2024 | - | Director |
P&L
March 2024turnover
34.1m
+22%
operating profit
4.1m
+23%
gross margin
23.7%
-5.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
14.9m
+0.13%
total assets
27.6m
+0.21%
cash
4.1m
+0.17%
net assets
Total assets minus all liabilities
ng bailey it services limited company details
company number
02338401
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
61100 - Wired telecommunications activities
incorporation date
January 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
bailey teswaine limited (July 2011)
bailey telecom limited (February 2005)
accountant
-
auditor
RSM UK AUDIT LLP
address
7 brown lane west, leeds, LS12 6EH
Bank
HSBC BANK PLC
Legal Advisor
-
ng bailey it services 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 2 charges/mortgages relating to ng bailey it services limited. Currently there are 1 open charges and 1 have been satisfied in the past.
ng bailey it services 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 NG BAILEY IT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
ng bailey it services limited Companies House Filings - See Documents
| date | description | view/download |
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