Pomanda estimates the enterprise value of NETDOCS LIMITED at £207.2k based on a Turnover of £414.2k and 0.5x industry multiple (adjusted for size and gross margin).
netdocs limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NETDOCS LIMITED at £0 based on an EBITDA of £-17.1k and a 3.58x industry multiple (adjusted for size and gross margin).
netdocs limitedEstimated Valuation
£7.1m
Pomanda estimates the enterprise value of NETDOCS LIMITED at £7.1m based on Net Assets of £3m and 2.37x industry multiple (adjusted for liquidity).
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Netdocs LimitedOverview
Netdocs Limited is a live company located in coventry, CV3 4FJ with a Companies House number of 03244857. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 1996, it's largest shareholder is
mr paul timmerman
with a 80% stake. Netdocs Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£414.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Netdocs Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £414.2k, make it smaller than the average company (£3.7m)
£414.2k - Netdocs Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (8.3%)
-27% - Netdocs Limited
8.3% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
37.9% - Netdocs Limited
37.9% - Industry AVG
Profitability
an operating margin of -11% make it less profitable than the average company (5.7%)
-11% - Netdocs Limited
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (22)
4 - Netdocs Limited
22 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
£46.6k - Netdocs Limited
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £103.6k, this is less efficient (£145.7k)
£103.6k - Netdocs Limited
£145.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (36 days)
21 days - Netdocs Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (33 days)
9 days - Netdocs Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 356 days, this is more than average (28 days)
356 days - Netdocs Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 85 weeks, this is more cash available to meet short term requirements (26 weeks)
85 weeks - Netdocs Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (59%)
12.5% - Netdocs Limited
59% - Industry AVG
NETDOCS LIMITED financials
EXPORT
Netdocs Limited's latest turnover from March 2024 is estimated at £414.2 thousand and the company has net assets of £3 million. According to their latest financial statements, Netdocs Limited has 4 employees and maintains cash reserves of £699.3 thousand 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
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
414,224
528,392
495,661
1,082,179
1,196,980
674,478
683,816
561,480
350,025
1,952,923
2,260,530
2,849,561
1,570,275
1,407,923
1,371,671
Other Income Or Grants
Cost Of Sales
257,151
324,531
307,934
679,278
742,206
419,845
424,779
343,478
218,499
1,237,821
1,443,124
1,789,009
645,773
597,200
591,369
Gross Profit
157,072
203,861
187,728
402,901
454,774
254,632
259,037
218,002
131,526
715,102
817,406
1,060,552
924,502
810,723
780,302
Admin Expenses
202,567
-92,382
-216,613
349,302
206,750
-73,975
170,140
156,696
31,130
450,714
-1,027,789
771,134
438,027
437,840
425,812
Operating Profit
-45,495
296,243
404,341
53,599
248,024
328,607
88,897
61,306
100,396
264,388
1,845,195
289,418
486,475
372,883
354,490
Interest Payable
16,897
34,051
35,602
19,246
41,931
22,672
15,690
19,750
Interest Receivable
41,965
22,672
1,191
363
342
616
172
155
1,783
2,397
892
1,250
1,577
2,455
5,292
Pre-Tax Profit
-3,530
318,915
405,532
53,962
248,365
312,326
55,019
25,859
82,934
266,785
1,846,087
248,737
465,380
359,648
340,032
Tax
-60,594
-77,051
-10,253
-47,189
-59,342
-10,454
-5,172
-16,587
-56,025
-424,600
-59,697
-55,751
-62,986
-74,230
Profit After Tax
-3,530
258,321
328,481
43,709
201,176
252,984
44,565
20,687
66,347
210,760
1,421,487
189,040
409,629
296,662
265,802
Dividends Paid
280,000
240,000
Retained Profit
-3,530
258,321
328,481
43,709
201,176
252,984
44,565
20,687
66,347
210,760
1,421,487
189,040
129,629
296,662
25,802
Employee Costs
186,578
179,069
168,981
160,542
238,507
231,454
218,182
177,824
178,460
569,308
635,653
809,269
704,574
651,959
674,452
Number Of Employees
4
4
4
4
6
6
6
5
5
16
18
22
43
44
44
EBITDA*
-17,069
331,954
428,186
78,253
274,440
365,264
140,339
111,941
154,087
311,778
1,917,353
386,664
586,803
482,527
451,506
* 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
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
238,361
179,477
97,795
53,999
78,653
20,179
814,863
866,305
909,190
1,622,688
1,584,345
1,630,835
1,007,915
1,098,321
1,148,117
Intangible Assets
Investments & Other
1,750,001
1,750,001
1,589,793
750,001
750,001
750,001
759,901
759,901
885,901
9,902
9,902
9,900
685,900
685,900
Debtors (Due After 1 year)
Total Fixed Assets
1,988,362
1,929,478
1,687,588
804,000
828,654
770,180
1,574,764
1,626,206
1,795,091
1,632,590
1,594,247
1,640,735
1,693,815
1,784,221
1,148,117
Stock & work in progress
251,389
215,521
210,403
264,643
150,000
313,947
313,947
258,882
Trade Debtors
23,927
72,228
65,686
225,630
256,183
257,928
326,653
431,601
392,913
332,212
269,709
Group Debtors
Misc Debtors
458,313
335,358
808,859
1,234,657
1,008,040
1,198,872
947,595
960,004
965,545
19,130
112,442
25,616
30,567
Cash
699,288
899,376
167,541
149,998
575,817
107,746
56,453
12,353
111,468
601,871
356,792
367,028
133,101
55,743
444,503
misc current assets
total current assets
1,432,917
1,522,483
1,252,489
1,874,928
1,990,040
1,620,565
1,317,995
1,231,239
1,077,013
859,799
702,575
798,629
638,456
413,571
744,779
total assets
3,421,279
3,451,961
2,940,077
2,678,928
2,818,694
2,390,745
2,892,759
2,857,445
2,872,104
2,492,389
2,296,822
2,439,364
2,332,271
2,197,792
1,892,896
Bank overdraft
54,124
53,374
52,638
Bank loan
Trade Creditors
6,744
3,470
13,873
486
5,039
4,277
14,279
12,506
4,794
219,213
198,040
249,790
54,417
86,358
35,340
Group/Directors Accounts
381,087
6,873
1,305
12,132
42,561
other short term finances
hp & lease commitments
other current liabilities
420,570
450,996
212,008
292,727
471,649
245,638
489,993
71,960
321,276
226,061
178,005
188,037
total current liabilities
427,314
454,466
225,881
293,213
476,688
249,915
558,396
518,927
378,708
226,086
198,040
249,790
281,783
276,495
265,938
loans
446,517
493,705
539,538
540,193
750,000
750,000
750,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
584,056
627,295
159,853
provisions
1,532
5,264
436
2,759
total long term liabilities
446,517
495,237
544,802
584,056
627,295
700,046
750,000
750,436
752,759
total liabilities
427,314
454,466
225,881
293,213
476,688
249,915
1,004,913
1,014,164
923,510
810,142
825,335
949,836
1,031,783
1,026,931
1,018,697
net assets
2,993,965
2,997,495
2,714,196
2,385,715
2,342,006
2,140,830
1,887,846
1,843,281
1,948,594
1,682,247
1,471,487
1,489,528
1,300,488
1,170,861
874,199
total shareholders funds
2,993,965
2,997,495
2,714,196
2,385,715
2,342,006
2,140,830
1,887,846
1,843,281
1,948,594
1,682,247
1,471,487
1,489,528
1,300,488
1,170,861
874,199
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-45,495
296,243
404,341
53,599
248,024
328,607
88,897
61,306
100,396
264,388
1,845,195
289,418
486,475
372,883
354,490
Depreciation
28,426
35,711
23,845
24,654
26,416
36,657
51,442
50,635
53,691
47,390
72,158
97,246
100,328
109,644
97,016
Amortisation
Tax
-60,594
-77,051
-10,253
-47,189
-59,342
-10,454
-5,172
-16,587
-56,025
-424,600
-59,697
-55,751
-62,986
-74,230
Stock
35,868
5,118
-54,240
114,643
-163,947
55,065
258,882
Debtors
74,654
-466,959
-585,742
196,064
65,351
251,277
-12,409
-5,541
707,617
-87,855
345,783
-73,754
147,527
57,552
300,276
Creditors
3,274
-10,403
13,387
-4,553
762
-10,002
1,773
7,712
-214,419
21,173
198,040
195,373
-31,941
51,018
35,340
Accruals and Deferred Income
-30,426
238,988
-80,719
-178,922
226,011
-244,355
418,033
-249,316
321,276
-226,061
48,056
-10,032
188,037
Deferred Taxes & Provisions
-1,532
-3,732
5,264
-436
-2,323
2,759
Cash flow from operations
-154,743
961,786
923,785
-426,182
552,620
-199,712
505,503
-391,908
-457,996
364,781
1,345,010
370,033
399,204
400,652
303,136
Investing Activities
capital expenditure
-87,310
-117,393
-67,641
-84,890
758,027
-7,750
659,807
-85,733
-1,656,503
-720,166
-9,922
-745,748
-104,968
Change in Investments
160,208
839,792
-9,900
-126,000
875,999
9,902
-676,000
685,900
cash flow from investments
-87,310
-277,601
-907,433
-84,890
767,927
118,250
-216,192
-85,733
-1,666,405
-44,166
-9,922
-1,431,648
-104,968
Financing Activities
Bank loans
Group/Directors Accounts
-381,087
381,087
-6,873
6,873
-1,305
-10,827
-30,429
42,561
Other Short Term Loans
Long term loans
-446,517
-47,188
-45,833
539,538
-209,807
750,000
Hire Purchase and Lease Commitments
other long term liabilities
-584,056
-43,239
627,295
159,853
share issue
24,978
-126,000
200,000
50,000
-2
848,397
interest
41,965
22,672
1,191
363
342
-16,281
-33,879
-35,447
-17,463
2,397
892
-40,681
-21,095
-13,235
-14,458
cash flow from financing
41,965
47,650
1,191
363
342
-462,798
-462,154
173,807
131,146
-33,969
678,187
-91,940
-31,924
-43,664
1,626,500
cash and cash equivalents
cash
-200,088
731,835
17,543
-425,819
468,071
51,293
44,100
-99,115
-490,403
245,079
356,792
233,927
77,358
-388,760
444,503
overdraft
-54,124
750
736
52,638
change in cash
-200,088
731,835
17,543
-425,819
468,071
105,417
43,350
-99,851
-543,041
245,079
356,792
233,927
77,358
-388,760
444,503
netdocs limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for netdocs limited. Get real-time insights into netdocs limited's credit score, group structure and payment trends.
Perform a competitor analysis for netdocs limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CV3 area or any other competitors across 12 key performance metrics.
netdocs limited Ownership
NETDOCS LIMITED group structure
Netdocs Limited has no subsidiary companies.
Ultimate parent company
NETDOCS LIMITED
03244857
NETDOCS LIMITED Shareholders
The largest shareholders in Netdocs Limited include Mr Paul Timmerman and Mrs Lisa Caroline Timmerman.
mr paul timmerman
80%
mrs lisa caroline timmerman
5%
daniel paul timmerman
5%
frazer hugo timmerman
5%
oliver thomas timmerman
5%
netdocs limited directors
Netdocs Limited currently has 5 directors.
The longest serving directors include
Mr Paul Timmerman (Sep 1996) and
Mrs Lisa Timmerman (Sep 1996).
82990 - Other business support service activities n.e.c.
incorporation date
September 1996
age
29
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
netdocs plc (October 2011)
document imaging services and consultancy (u.k.) limited (April 2000)
accountant
-
auditor
-
address
3mc middlemarch business park, siskin drive, coventry, west midlands, CV3 4FJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
netdocs 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 netdocs limited. Currently there are 0 open charges and 2 have been satisfied in the past.
netdocs 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 NETDOCS LIMITED. This can take several minutes, an email will notify you when this has completed.
netdocs limitedCompanies House Filings - See Documents
