northern cladding limited
northern cladding limited Company Information
Company Number
02794403
Registered Address
great north way, york business park, nether poppleton york, YO26 6RB
Industry
Construction of commercial buildings
Telephone
01904781107
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
ncl management ltd 100%
northern cladding limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN CLADDING LIMITED at £22m based on a Turnover of £32.9m and 0.67x industry multiple (adjusted for size and gross margin).
northern cladding limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN CLADDING LIMITED at £14.8m based on an EBITDA of £2.6m and a 5.74x industry multiple (adjusted for size and gross margin).
northern cladding limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN CLADDING LIMITED at £4.3m based on Net Assets of £2.8m and 1.53x industry multiple (adjusted for liquidity).
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Northern Cladding Limited Overview
Northern Cladding Limited is a live company located in nether poppleton york, YO26 6RB with a Companies House number of 02794403. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in February 1993, it's largest shareholder is ncl management ltd with a 100% stake. Northern Cladding Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.9m with high growth in recent years.
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Northern Cladding Limited Health Check
Pomanda's financial health check has awarded Northern Cladding Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £32.9m, make it larger than the average company (£8.8m)
£32.9m - Northern Cladding Limited
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (4.7%)
30% - Northern Cladding Limited
4.7% - Industry AVG
Production
with a gross margin of 11.7%, this company has a comparable cost of product (14.6%)
11.7% - Northern Cladding Limited
14.6% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (3.7%)
7.5% - Northern Cladding Limited
3.7% - Industry AVG
Employees
with 21 employees, this is below the industry average (27)
21 - Northern Cladding Limited
27 - Industry AVG
Pay Structure
on an average salary of £59.3k, the company has an equivalent pay structure (£51.9k)
£59.3k - Northern Cladding Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£337.7k)
£1.6m - Northern Cladding Limited
£337.7k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (47 days)
65 days - Northern Cladding Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (39 days)
76 days - Northern Cladding Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Cladding Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (21 weeks)
21 weeks - Northern Cladding Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.5%, this is a similar level of debt than the average (70.2%)
72.5% - Northern Cladding Limited
70.2% - Industry AVG
NORTHERN CLADDING LIMITED financials
Northern Cladding Limited's latest turnover from May 2023 is £32.9 million and the company has net assets of £2.8 million. According to their latest financial statements, Northern Cladding Limited has 21 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,885,126 | 31,871,243 | 12,889,919 | 14,972,552 | 14,017,254 | 14,432,866 | 13,573,555 | 12,936,404 | 10,029,325 | 6,461,416 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 29,041,384 | 30,237,574 | 11,816,088 | 13,640,181 | 12,730,502 | 12,629,732 | 12,382,829 | 12,036,669 | 8,963,267 | 5,367,985 | ||||
| Gross Profit | 3,843,742 | 1,633,669 | 1,073,831 | 1,332,371 | 1,286,752 | 1,803,134 | 1,190,726 | 899,735 | 1,066,058 | 1,093,431 | ||||
| Admin Expenses | 1,375,947 | 2,066,902 | 900,132 | 1,046,871 | 843,705 | 1,007,645 | 814,140 | 788,377 | 885,122 | 783,619 | ||||
| Operating Profit | 2,467,795 | -433,233 | 173,699 | 285,500 | 443,047 | 795,489 | 376,586 | 111,358 | 180,936 | 309,812 | ||||
| Interest Payable | 16,549 | 6,730 | 12,251 | 10,786 | 5,493 | 4,386 | 4,825 | 6,732 | 8,476 | 27,147 | ||||
| Interest Receivable | 945 | 317 | 133 | 0 | 0 | 1 | 2 | 602 | 3,076 | 7,610 | ||||
| Pre-Tax Profit | 2,452,191 | -439,646 | 161,581 | 274,714 | 437,554 | 791,104 | 371,763 | 105,228 | 175,536 | 290,275 | ||||
| Tax | -459,354 | 120,137 | 7,627 | 45,321 | -87,645 | -156,974 | -77,092 | -21,317 | -36,560 | -60,484 | ||||
| Profit After Tax | 1,992,837 | -319,509 | 169,208 | 320,035 | 349,909 | 634,130 | 294,671 | 83,911 | 138,976 | 229,791 | ||||
| Dividends Paid | 0 | 0 | 100,000 | 200,000 | 130,000 | 1,255,449 | 0 | 0 | 70,000 | 650,000 | ||||
| Retained Profit | 1,992,837 | -319,509 | 69,208 | 120,035 | 219,909 | -621,319 | 294,671 | 83,911 | 68,976 | -420,209 | ||||
| Employee Costs | 1,244,901 | 1,115,435 | 1,032,497 | 1,143,013 | 976,493 | 1,127,503 | 931,518 | 888,149 | 749,516 | 703,656 | ||||
| Number Of Employees | 21 | 19 | 17 | 21 | 20 | 20 | 19 | 19 | 18 | 17 | 15 | 16 | ||
| EBITDA* | 2,581,279 | -329,033 | 266,663 | 383,679 | 486,461 | 838,957 | 402,364 | 144,329 | 214,240 | 332,751 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 272,328 | 276,277 | 185,930 | 192,542 | 192,842 | 172,844 | 200,946 | 170,196 | 178,522 | 140,683 | 114,448 | 140,086 | 61,278 | 78,667 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 9,443 | 52,458 | 877 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 433,926 | 399,871 | 166,389 | 0 | 0 | 179,613 | 0 | 0 | 0 | 955,449 | 955,449 | 955,449 | 0 | 0 |
| Total Fixed Assets | 715,697 | 728,606 | 353,196 | 192,542 | 192,842 | 352,457 | 200,946 | 170,196 | 178,522 | 1,096,132 | 1,069,897 | 1,095,535 | 61,278 | 78,667 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 223,555 | 0 | 438,675 | 38,842 |
| Trade Debtors | 5,893,261 | 6,145,787 | 6,187,912 | 769,465 | 999,971 | 780,936 | 834,101 | 946,282 | 739,848 | 1,298,686 | 675,104 | 1,661,353 | 886,339 | 732,245 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 955,449 | 955,449 | 955,449 | 0 | 885,449 | 955,449 |
| Misc Debtors | 645,063 | 882,484 | 468,241 | 1,415,786 | 2,372,917 | 2,163,074 | 2,252,671 | 2,016,141 | 3,619,257 | 665,433 | 510,337 | 0 | 0 | 14,249 |
| Cash | 3,034,641 | 1,127,694 | 352,334 | 1,519,769 | 3,701,856 | 1,247,858 | 1,069,212 | 339,763 | 198,599 | 684,169 | 493,272 | 17,353 | 659,161 | 381,786 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,572,965 | 8,155,965 | 7,008,487 | 3,705,020 | 7,074,744 | 4,191,868 | 4,155,984 | 3,302,186 | 5,513,153 | 3,603,737 | 2,857,717 | 1,678,706 | 2,869,624 | 2,122,571 |
| total assets | 10,288,662 | 8,884,571 | 7,361,683 | 3,897,562 | 7,267,586 | 4,544,325 | 4,356,930 | 3,472,382 | 5,691,675 | 4,699,869 | 3,927,614 | 2,774,241 | 2,930,902 | 2,201,238 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 324,745 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,071,264 | 7,225,676 | 5,563,425 | 1,112,696 | 4,870,697 | 2,710,632 | 1,878,913 | 1,361,466 | 2,911,579 | 2,352,782 | 2,181,259 | 1,824,596 | 2,013,253 | 454,773 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 711,278 | 558,683 | 412,866 | 17,529 | 21,469 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 56,249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 71,126 | 131,585 | 64,776 | 64,467 | 55,637 | 52,703 | 0 | 54,442 | 63,102 | 19,480 | 27,414 | 0 | 0 | 0 |
| other current liabilities | 1,305,653 | 671,728 | 542,955 | 1,617,867 | 1,353,989 | 868,990 | 708,452 | 721,696 | 885,994 | 1,205,390 | 708,399 | 0 | 0 | 369,553 |
| total current liabilities | 7,448,043 | 8,028,989 | 6,171,156 | 2,795,030 | 6,280,323 | 3,632,325 | 3,354,892 | 2,696,287 | 4,273,541 | 3,595,181 | 2,938,541 | 1,824,596 | 2,013,253 | 1,149,071 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92,576 |
| hp & lease commitments | 14,545 | 22,345 | 37,781 | 17,582 | 23,760 | 5,606 | 29,930 | 24,529 | 43,629 | 32,063 | 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 | 27,414 | 0 | 0 |
| provisions | 0 | 0 | 0 | 1,412 | 0 | 4,726 | 6,918 | 6,285 | 7,905 | 696 | 1,055 | 3,189 | 811 | 1,279 |
| total long term liabilities | 14,545 | 22,345 | 37,781 | 18,994 | 23,760 | 10,332 | 36,848 | 30,814 | 51,534 | 32,759 | 1,055 | 30,603 | 811 | 93,855 |
| total liabilities | 7,462,588 | 8,051,334 | 6,208,937 | 2,814,024 | 6,304,083 | 3,642,657 | 3,391,740 | 2,727,101 | 4,325,075 | 3,627,940 | 2,939,596 | 1,855,199 | 2,014,064 | 1,242,926 |
| net assets | 2,826,074 | 833,237 | 1,152,746 | 1,083,538 | 963,503 | 901,668 | 965,190 | 745,281 | 1,366,600 | 1,071,929 | 988,018 | 919,042 | 916,838 | 958,312 |
| total shareholders funds | 2,826,074 | 833,237 | 1,152,746 | 1,083,538 | 963,503 | 901,668 | 965,190 | 745,281 | 1,366,600 | 1,071,929 | 988,018 | 919,042 | 916,838 | 958,312 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,467,795 | -433,233 | 173,699 | 285,500 | 443,047 | 795,489 | 376,586 | 111,358 | 180,936 | 309,812 | ||||
| Depreciation | 113,484 | 104,200 | 92,964 | 98,179 | 77,623 | 53,351 | 43,414 | 43,468 | 25,778 | 32,971 | 33,304 | 33,523 | 17,631 | 22,939 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -459,354 | 120,137 | 7,627 | 45,321 | -87,645 | -156,974 | -77,092 | -21,317 | -36,560 | -60,484 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -223,555 | 223,555 | -438,675 | 399,833 | 38,842 |
| Debtors | -455,892 | 605,600 | 4,637,291 | -1,187,637 | 249,265 | 36,851 | 124,349 | -2,352,131 | 1,439,537 | 778,678 | 479,537 | 845,014 | 69,845 | 1,701,943 |
| Creditors | -1,154,412 | 1,662,251 | 4,450,729 | -3,758,001 | 2,160,065 | 831,719 | 517,447 | -1,550,113 | 558,797 | 171,523 | 356,663 | -188,657 | 1,558,480 | 454,773 |
| Accruals and Deferred Income | 633,925 | 128,773 | -1,074,912 | 263,878 | 484,999 | 160,538 | -13,244 | -164,298 | -319,396 | 496,991 | 708,399 | 0 | -369,553 | 369,553 |
| Deferred Taxes & Provisions | 0 | 0 | -1,412 | 1,412 | -4,726 | -2,192 | 633 | -1,620 | 7,209 | -359 | -2,134 | 2,378 | -468 | 1,279 |
| Cash flow from operations | 2,057,330 | 976,528 | -988,596 | -1,876,074 | 779,303 | 1,318,083 | -867,655 | 236,044 | 537,516 | -642,913 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -43,015 | 51,581 | 877 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -711,278 | 152,595 | 145,817 | 395,337 | -3,940 | 21,469 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -56,249 | 56,249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -92,576 | 92,576 |
| Hire Purchase and Lease Commitments | -68,259 | 51,373 | 20,508 | 2,652 | 21,088 | 28,379 | -49,041 | -27,760 | 55,188 | 24,129 | 27,414 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,414 | 27,414 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -15,604 | -6,413 | -12,118 | -10,786 | -5,493 | -4,385 | -4,823 | -6,130 | -5,400 | -19,537 | ||||
| cash flow from financing | -83,863 | 44,960 | 8,390 | -8,134 | 154,310 | 113,672 | 445,702 | 14,059 | 16,069 | 1,451,560 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,906,947 | 775,360 | -1,167,435 | -2,182,087 | 2,453,998 | 178,646 | 729,449 | 141,164 | -485,570 | 190,897 | 475,919 | -641,808 | 277,375 | 381,786 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -324,745 | 324,745 |
| change in cash | 1,906,947 | 775,360 | -1,167,435 | -2,182,087 | 2,453,998 | 178,646 | 729,449 | 141,164 | -485,570 | 190,897 | 475,919 | -641,808 | 602,120 | 57,041 |
northern cladding limited Credit Report and Business Information
Northern Cladding Limited Competitor Analysis
Perform a competitor analysis for northern cladding limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in YO26 area or any other competitors across 12 key performance metrics.
northern cladding limited Ownership
NORTHERN CLADDING LIMITED group structure
Northern Cladding Limited has no subsidiary companies.
Ultimate parent company
2 parents
NORTHERN CLADDING LIMITED
02794403
northern cladding limited directors
Northern Cladding Limited currently has 4 directors. The longest serving directors include Mr Robert Baines (Jul 2000) and Mr David Swales (Jul 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Baines | 56 years | Jul 2000 | - | Director | |
| Mr David Swales | United Kingdom | 62 years | Jul 2000 | - | Director |
| Mr James McAdam | 54 years | Aug 2023 | - | Director | |
| Mr Richard McKenna | 37 years | Aug 2023 | - | Director |
P&L
May 2023turnover
32.9m
+3%
operating profit
2.5m
-670%
gross margin
11.7%
+128.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2.8m
+2.39%
total assets
10.3m
+0.16%
cash
3m
+1.69%
net assets
Total assets minus all liabilities
northern cladding limited company details
company number
02794403
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
February 1993
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
TC GROUP
address
great north way, york business park, nether poppleton york, YO26 6RB
Bank
BANK OF SCOTLAND
Legal Advisor
-
northern cladding 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 northern cladding limited. Currently there are 5 open charges and 1 have been satisfied in the past.
northern cladding limited Companies House Filings - See Documents
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