nachart limited

nachart limited Company Information

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Company Number

02654375

Industry

Sea and coastal freight water transport

 

Directors

Mikael Nakkas

Shareholders

mikael nakkas

margaret mary nakkas

Group Structure

View All

Contact

Registered Address

88 gordon road, london, SE15 3RP

Website

-

nachart limited Estimated Valuation

£982k

Pomanda estimates the enterprise value of NACHART LIMITED at £982k based on a Turnover of £1.9m and 0.52x industry multiple (adjusted for size and gross margin).

nachart limited Estimated Valuation

£37k

Pomanda estimates the enterprise value of NACHART LIMITED at £37k based on an EBITDA of £21.6k and a 1.71x industry multiple (adjusted for size and gross margin).

nachart limited Estimated Valuation

£404.2k

Pomanda estimates the enterprise value of NACHART LIMITED at £404.2k based on Net Assets of £295.5k and 1.37x industry multiple (adjusted for liquidity).

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Nachart Limited Overview

Nachart Limited is a live company located in london, SE15 3RP with a Companies House number of 02654375. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in October 1991, it's largest shareholder is mikael nakkas with a 85% stake. Nachart Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.

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Nachart Limited Health Check

Pomanda's financial health check has awarded Nachart Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.9m, make it smaller than the average company (£8.1m)

£1.9m - Nachart Limited

£8.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.4%)

4% - Nachart Limited

8.4% - Industry AVG

production

Production

with a gross margin of 13.6%, this company has a higher cost of product (34.8%)

13.6% - Nachart Limited

34.8% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (11.3%)

1.1% - Nachart Limited

11.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Nachart Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £64.6k, the company has an equivalent pay structure (£64.6k)

£64.6k - Nachart Limited

£64.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.9m, this is more efficient (£578.7k)

£1.9m - Nachart Limited

£578.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 112 days, this is later than average (30 days)

112 days - Nachart Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 63 days, this is slower than average (27 days)

63 days - Nachart Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nachart Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Nachart Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.1%, this is a lower level of debt than the average (58.3%)

49.1% - Nachart Limited

58.3% - Industry AVG

NACHART LIMITED financials

EXPORTms excel logo

Nachart Limited's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of £295.5 thousand. According to their latest financial statements, Nachart Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,889,6081,594,0971,827,4751,679,5331,419,1372,609,2821,135,3352,710,9861,784,2771,042,1251,114,1493,586,0721,768,5831,228,0450
Other Income Or Grants000000000000000
Cost Of Sales1,632,7381,380,2521,637,9111,524,4321,285,2502,435,5831,083,2972,663,5511,754,746978,4791,056,4133,408,3991,625,4191,127,7450
Gross Profit256,871213,846189,564155,100133,887173,69952,03847,43529,53163,64657,736177,673143,165100,3010
Admin Expenses235,258154,487146,749148,338121,614161,76036,79935,87520,02350,11545,257136,311112,84875,066-69,984
Operating Profit21,61359,35942,8156,76212,27311,93915,23911,5609,50813,53112,47941,36230,31725,23569,984
Interest Payable0000030000000771771
Interest Receivable0000010300051376426427740
Pre-Tax Profit21,61359,35942,8156,76212,27312,03815,23911,5609,50813,58212,51641,42630,58124,74069,253
Tax-5,403-11,278-8,135-1,285-2,332-2,287-2,933-2,312-1,902-2,852-2,879-9,942-7,951-6,927-19,391
Profit After Tax16,21048,08134,6805,4779,9419,75112,3069,2487,60610,7309,63731,48422,63017,81349,862
Dividends Paid000000000000000
Retained Profit16,21048,08134,6805,4779,9419,75112,3069,2487,60610,7309,63731,48422,63017,81349,862
Employee Costs64,64762,646115,186113,13557,400168,750108,860164,280105,04249,25046,430137,87690,00044,7000
Number Of Employees112213232113210
EBITDA*21,61359,35942,8156,76212,27311,93915,23911,5609,50813,53112,47941,36230,41625,33470,116

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000198297396
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000198297396
Stock & work in progress000000000000000
Trade Debtors580,941560,928502,076461,882459,519453,147517,753517,753251,555229,005251,592634,507312,817189,994187,902
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000027,36616,3404,78120,4034314,62611,02394,65016,065
misc current assets000000000000000
total current assets580,941560,928502,076461,882459,519453,147545,119534,093256,336249,408251,635649,133323,840284,644203,967
total assets580,941560,928502,076461,882459,519453,147545,119534,093256,336249,408251,635649,133324,038284,941204,363
Bank overdraft000000103103103000000
Bank loan000000000000000
Trade Creditors 285,485281,682270,911265,397268,5110330,193330,19263,995107,152120,109527,244233,633217,166130,667
Group/Directors Accounts000000000000000
other short term finances0000000000000023,734
hp & lease commitments000000000000000
other current liabilities00000043,40744,68842,376000000
total current liabilities285,485281,682270,911265,397268,5110373,703374,983106,474107,152120,109527,244233,633217,166154,401
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000272,080000000000
provisions000000000000000
total long term liabilities00000272,080000000000
total liabilities285,485281,682270,911265,397268,511272,080373,703374,983106,474107,152120,109527,244233,633217,166154,401
net assets295,456279,246231,165196,485191,008181,067171,416159,110149,862142,256131,526121,88990,40567,77549,962
total shareholders funds295,456279,246231,165196,485191,008181,067171,416159,110149,862142,256131,526121,88990,40567,77549,962
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit21,61359,35942,8156,76212,27311,93915,23911,5609,50813,53112,47941,36230,31725,23569,984
Depreciation0000000000009999132
Amortisation000000000000000
Tax-5,403-11,278-8,135-1,285-2,332-2,287-2,933-2,312-1,902-2,852-2,879-9,942-7,951-6,927-19,391
Stock000000000000000
Debtors20,01358,85240,1942,3636,372-64,6060266,19822,550-22,587-382,915321,690122,8232,092187,902
Creditors3,80310,7715,514-3,114268,511-330,1931266,197-43,157-12,957-407,135293,61116,46786,499130,667
Accruals and Deferred Income00000-43,407-1,2812,31242,376000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations0000272,080-299,34211,02611,559-15,72520,309-14,6203,341-83,891102,814-6,510
Investing Activities
capital expenditure0000000000019800-528
Change in Investments000000000000000
cash flow from investments0000000000019800-528
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 0000000000000-23,73423,734
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000-272,080272,080000000000
share issue00000-10000000000100
interest00000100000513764264-494-731
cash flow from financing0000-272,080272,080000513764264-24,22823,103
cash and cash equivalents
cash00000-27,36611,02611,559-15,62220,360-14,5833,603-83,62778,58516,065
overdraft00000-10300103000000
change in cash00000-27,26311,02611,559-15,72520,360-14,5833,603-83,62778,58516,065

nachart 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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Nachart Limited Competitor Analysis

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Perform a competitor analysis for nachart limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in SE15 area or any other competitors across 12 key performance metrics.

nachart limited Ownership

NACHART LIMITED group structure

Nachart Limited has no subsidiary companies.

Ultimate parent company

NACHART LIMITED

02654375

NACHART LIMITED Shareholders

mikael nakkas 85%
margaret mary nakkas 15%

nachart limited directors

Nachart Limited currently has 1 director, Mr Mikael Nakkas serving since Nov 2024.

officercountryagestartendrole
Mr Mikael NakkasEngland36 years Nov 2024- Director

P&L

December 2023

turnover

1.9m

+19%

operating profit

21.6k

0%

gross margin

13.6%

+1.33%

turnover

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

Balance Sheet

December 2023

net assets

295.5k

+0.06%

total assets

580.9k

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

nachart limited company details

company number

02654375

Type

Private limited with Share Capital

industry

50200 - Sea and coastal freight water transport

incorporation date

October 1991

age

34

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

88 gordon road, london, SE15 3RP

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

nachart 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 did not find charges/mortgages relating to nachart limited.

nachart 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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nachart limited Companies House Filings - See Documents

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