newground cic
newground cic Company Information
Company Number
02584952
Next Accounts
Dec 2025
Shareholders
newground together
Group Structure
View All
Industry
Environmental consulting activities
Registered Address
prospect house wharf street, blackburn, BB1 1JD
Website
www.newground.co.uknewground cic Estimated Valuation
Pomanda estimates the enterprise value of NEWGROUND CIC at £2.6m based on a Turnover of £4.5m and 0.58x industry multiple (adjusted for size and gross margin).
newground cic Estimated Valuation
Pomanda estimates the enterprise value of NEWGROUND CIC at £6.9m based on an EBITDA of £1.3m and a 5.21x industry multiple (adjusted for size and gross margin).
newground cic Estimated Valuation
Pomanda estimates the enterprise value of NEWGROUND CIC at £3.4m based on Net Assets of £1.4m and 2.38x industry multiple (adjusted for liquidity).
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Newground Cic Overview
Newground Cic is a live company located in blackburn, BB1 1JD with a Companies House number of 02584952. It operates in the environmental consulting activities sector, SIC Code 74901. Founded in February 1991, it's largest shareholder is newground together with a 100% stake. Newground Cic is a mature, small sized company, Pomanda has estimated its turnover at £4.5m with declining growth in recent years.
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Newground Cic Health Check
Pomanda's financial health check has awarded Newground Cic a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.5m, make it larger than the average company (£736.8k)
£4.5m - Newground Cic
£736.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (17.3%)
-25% - Newground Cic
17.3% - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (41.8%)
33.6% - Newground Cic
41.8% - Industry AVG
Profitability
an operating margin of 27.2% make it more profitable than the average company (6.1%)
27.2% - Newground Cic
6.1% - Industry AVG
Employees
with 112 employees, this is above the industry average (9)
112 - Newground Cic
9 - Industry AVG
Pay Structure
on an average salary of £39k, the company has an equivalent pay structure (£39k)
- Newground Cic
£39k - Industry AVG
Efficiency
resulting in sales per employee of £40.4k, this is less efficient (£86.9k)
£40.4k - Newground Cic
£86.9k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (49 days)
77 days - Newground Cic
49 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (23 days)
20 days - Newground Cic
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newground Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is average cash available to meet short term requirements (43 weeks)
45 weeks - Newground Cic
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a higher level of debt than the average (54.7%)
61.3% - Newground Cic
54.7% - Industry AVG
NEWGROUND CIC financials
Newground Cic's latest turnover from March 2024 is £4.5 million and the company has net assets of £1.4 million. According to their latest financial statements, Newground Cic has 112 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,523,268 | 4,632,637 | 4,883,013 | 10,548,458 | 8,883,759 | 8,201,793 | 5,475,035 | 5,203,046 | 5,597,075 | 4,398,768 | 3,320,206 | 3,423,830 | 3,672,551 | 3,639,584 | 3,959,183 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,001,775 | 3,505,717 | 3,366,588 | 9,452,859 | 7,625,675 | 7,067,272 | 4,474,707 | 4,394,165 | 4,800,472 | 3,780,147 | 2,929,202 | 2,845,066 | 3,056,587 | 3,095,003 | 3,292,709 |
| Gross Profit | 1,521,493 | 1,126,920 | 1,516,425 | 1,095,599 | 1,258,084 | 1,134,521 | 1,000,328 | 808,881 | 796,603 | 618,621 | 391,004 | 578,764 | 615,964 | 544,581 | 666,474 |
| Admin Expenses | 290,429 | 297,145 | 453,343 | 359,381 | 498,115 | 506,115 | 514,277 | 493,865 | 604,512 | 615,546 | 447,815 | 463,109 | 485,887 | 515,178 | 633,811 |
| Operating Profit | 1,231,064 | 829,775 | 1,063,082 | 736,218 | 759,969 | 628,406 | 486,051 | 315,016 | 192,091 | 3,075 | -56,811 | 115,655 | 130,077 | 29,403 | 32,663 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 23,983 | 3,063 | 185 | 124 | 364 | 160 | 35 | 343 | 667 | 1,976 | 1,164 | 1,777 | 473 | ||
| Pre-Tax Profit | 1,255,047 | 832,838 | 1,063,267 | 736,342 | 760,333 | 628,566 | 486,086 | 315,359 | 192,758 | 5,051 | -55,647 | -14,244 | 69,506 | -36,167 | -2,262 |
| Tax | -4,290 | 17,458 | 4,659 | 8,879 | -31,438 | -15,391 | 44,695 | -35,872 | -28,708 | ||||||
| Profit After Tax | 1,250,757 | 850,296 | 1,067,926 | 745,221 | 728,895 | 613,175 | 530,781 | 279,487 | 164,050 | 5,051 | -55,647 | -14,244 | 69,506 | -36,167 | -2,262 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,250,757 | 850,296 | 1,067,926 | 745,221 | 333,823 | 97,975 | 332,283 | 135,946 | 164,050 | 5,051 | -55,647 | -14,244 | 69,506 | -36,167 | -2,262 |
| Employee Costs | 3,399,660 | 2,874,691 | 2,811,909 | 2,960,118 | 2,671,490 | 2,795,308 | 2,137,370 | 2,148,749 | 1,889,819 | 1,899,259 | |||||
| Number Of Employees | 112 | 122 | 116 | 91 | 91 | 89 | 78 | 80 | 82 | 76 | 68 | 78 | |||
| EBITDA* | 1,328,326 | 918,076 | 1,153,412 | 817,753 | 842,603 | 648,815 | 502,398 | 338,434 | 213,964 | 22,241 | -35,918 | 138,292 | 148,393 | 43,265 | 55,115 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 133,320 | 162,063 | 196,019 | 287,435 | 328,663 | 329,307 | 44,605 | 46,500 | 61,653 | 51,292 | 53,553 | 49,157 | 67,841 | 35,663 | 43,190 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 133,322 | 162,065 | 196,021 | 287,437 | 328,665 | 329,309 | 44,607 | 46,502 | 61,655 | 51,294 | 53,555 | 49,159 | 67,843 | 35,665 | 43,192 |
| Stock & work in progress | 88,068 | 54,914 | 36,006 | 67,723 | |||||||||||
| Trade Debtors | 962,840 | 1,059,723 | 940,208 | 654,999 | 785,494 | 737,138 | 845,444 | 731,393 | 452,222 | 681,428 | 705,218 | 585,875 | 582,444 | 507,020 | 679,351 |
| Group Debtors | 585,923 | 371,318 | 201,822 | 232,921 | 65,694 | 701,270 | 372,348 | 239,987 | |||||||
| Misc Debtors | 667,377 | 643,766 | 197,509 | 255,488 | 224,302 | 80,111 | 197,526 | 1,169,795 | 235,109 | 370,367 | 70,735 | 220,691 | 322,278 | 306,039 | 379,669 |
| Cash | 1,978,642 | 1,146,939 | 1,494,237 | 1,377,776 | 952,296 | 513,572 | 1,179,179 | 500,046 | 576,508 | 150,300 | 502,030 | 241,933 | 437,989 | 258,947 | 513,654 |
| misc current assets | |||||||||||||||
| total current assets | 3,608,859 | 2,850,428 | 3,217,877 | 2,659,581 | 2,163,914 | 1,563,742 | 2,287,843 | 2,401,234 | 1,965,109 | 1,574,443 | 1,606,038 | 1,103,413 | 1,378,717 | 1,139,729 | 1,572,674 |
| total assets | 3,742,181 | 3,012,493 | 3,413,898 | 2,947,018 | 2,492,579 | 1,893,051 | 2,332,450 | 2,447,736 | 2,026,764 | 1,625,737 | 1,659,593 | 1,152,572 | 1,446,560 | 1,175,394 | 1,615,866 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 171,410 | 195,747 | 166,624 | 242,182 | 158,768 | 66,049 | 88,626 | 148,303 | 244,051 | 188,156 | 142,907 | 98,799 | 145,889 | 136,269 | 304,447 |
| Group/Directors Accounts | 188,531 | 95,941 | 22,382 | 433,648 | 833,532 | 465,984 | 373,354 | 764,357 | 427,885 | 379,274 | 203,365 | 415,578 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,107,312 | 1,794,294 | 1,921,048 | 1,465,248 | 1,155,218 | 1,087,229 | 1,199,818 | 1,187,826 | 1,174,600 | 1,086,148 | 744,579 | 562,491 | 843,756 | 827,625 | 851,539 |
| total current liabilities | 2,278,722 | 1,990,041 | 2,087,672 | 1,895,961 | 1,409,927 | 1,175,660 | 1,722,092 | 2,169,661 | 1,884,635 | 1,647,658 | 1,651,843 | 1,089,175 | 1,368,919 | 1,167,259 | 1,571,564 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 13,790 | 9,500 | 26,958 | 31,617 | 40,496 | 9,058 | |||||||||
| total long term liabilities | 13,790 | 9,500 | 26,958 | 31,617 | 40,496 | 9,058 | |||||||||
| total liabilities | 2,292,512 | 1,999,541 | 2,114,630 | 1,927,578 | 1,450,423 | 1,184,718 | 1,722,092 | 2,169,661 | 1,884,635 | 1,647,658 | 1,651,843 | 1,089,175 | 1,368,919 | 1,167,259 | 1,571,564 |
| net assets | 1,449,669 | 1,012,952 | 1,299,268 | 1,019,440 | 1,042,156 | 708,333 | 610,358 | 278,075 | 142,129 | -21,921 | 7,750 | 63,397 | 77,641 | 8,135 | 44,302 |
| total shareholders funds | 1,449,669 | 1,012,952 | 1,299,268 | 1,019,440 | 1,042,156 | 708,333 | 610,358 | 278,075 | 142,129 | -21,921 | 7,750 | 63,397 | 77,641 | 8,135 | 44,302 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,231,064 | 829,775 | 1,063,082 | 736,218 | 759,969 | 628,406 | 486,051 | 315,016 | 192,091 | 3,075 | -56,811 | 115,655 | 130,077 | 29,403 | 32,663 |
| Depreciation | 97,262 | 88,301 | 90,330 | 81,535 | 82,634 | 20,409 | 16,347 | 23,418 | 21,873 | 19,166 | 20,893 | 22,637 | 18,316 | 13,862 | 22,452 |
| Amortisation | |||||||||||||||
| Tax | -4,290 | 17,458 | 4,659 | 8,879 | -31,438 | -15,391 | 44,695 | -35,872 | -28,708 | ||||||
| Stock | -88,068 | 33,154 | 18,908 | -31,717 | 67,723 | ||||||||||
| Debtors | -73,272 | -20,151 | 441,835 | 70,187 | 161,448 | -58,494 | -792,524 | 512,587 | -35,542 | 408,203 | 209,374 | -98,156 | 91,663 | -245,961 | 1,059,020 |
| Creditors | -24,337 | 29,123 | -75,558 | 83,414 | 92,719 | -22,577 | -59,677 | -95,748 | 55,895 | 45,249 | 44,108 | -47,090 | 9,620 | -168,178 | 304,447 |
| Accruals and Deferred Income | 313,018 | -126,754 | 455,800 | 310,030 | 67,989 | -112,589 | 11,992 | 13,226 | 88,452 | 341,569 | 182,088 | -281,265 | 16,131 | -23,914 | 851,539 |
| Deferred Taxes & Provisions | 4,290 | -17,458 | -4,659 | -8,879 | 31,438 | 9,058 | |||||||||
| Cash flow from operations | 1,690,279 | 840,596 | 1,091,819 | 1,141,010 | 841,863 | 565,810 | 1,291,932 | -292,547 | 365,145 | 88,924 | -52,250 | -110,815 | 114,198 | 29,411 | 152,081 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 2 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -188,531 | 92,590 | 73,559 | -411,266 | -399,884 | 367,548 | 92,630 | -391,003 | 336,472 | 48,611 | 175,909 | -212,213 | 415,578 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 23,983 | 3,063 | 185 | 124 | 364 | 160 | 35 | 343 | 667 | 1,976 | 1,164 | 1,777 | 473 | ||
| cash flow from financing | -790,057 | -1,133,549 | -976,444 | -675,223 | 73,923 | -411,106 | -399,849 | 367,891 | 93,297 | -423,749 | 337,636 | 50,388 | 176,382 | -212,213 | 462,142 |
| cash and cash equivalents | |||||||||||||||
| cash | 831,703 | -347,298 | 116,461 | 425,480 | 438,724 | -665,607 | 679,133 | -76,462 | 426,208 | -351,730 | 260,097 | -196,056 | 179,042 | -254,707 | 513,654 |
| overdraft | |||||||||||||||
| change in cash | 831,703 | -347,298 | 116,461 | 425,480 | 438,724 | -665,607 | 679,133 | -76,462 | 426,208 | -351,730 | 260,097 | -196,056 | 179,042 | -254,707 | 513,654 |
newground cic Credit Report and Business Information
Newground Cic Competitor Analysis
Perform a competitor analysis for newground cic by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BB1 area or any other competitors across 12 key performance metrics.
newground cic Ownership
NEWGROUND CIC group structure
Newground Cic has 2 subsidiary companies.
Ultimate parent company
2 parents
NEWGROUND CIC
02584952
2 subsidiaries
newground cic directors
Newground Cic currently has 6 directors. The longest serving directors include Mr Michael Smith (Aug 2007) and Mr Kevin Ruth (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Smith | England | 55 years | Aug 2007 | - | Director |
| Mr Kevin Ruth | England | 64 years | Jun 2014 | - | Director |
| Mrs Gillian Lomax | England | 54 years | Oct 2014 | - | Director |
| Mrs Angela Gibbs | 58 years | Dec 2019 | - | Director | |
| Mr Mark Dunford | 56 years | Jul 2021 | - | Director | |
| Mr Mark Dunford | 56 years | Jul 2021 | - | Director |
P&L
March 2024turnover
4.5m
-2%
operating profit
1.2m
+48%
gross margin
33.7%
+38.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.4m
+0.43%
total assets
3.7m
+0.24%
cash
2m
+0.73%
net assets
Total assets minus all liabilities
newground cic company details
company number
02584952
Type
Private limited with Share Capital
industry
74901 - Environmental consulting activities
incorporation date
February 1991
age
34
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
groundwork blackburn trading limited (November 2006)
groundwork ltd (October 2006)
See moreaccountant
-
auditor
-
address
prospect house wharf street, blackburn, BB1 1JD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
newground cic 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 did not find charges/mortgages relating to newground cic.
newground cic 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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newground cic Companies House Filings - See Documents
| date | description | view/download |
|---|
