niemen associates limited

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niemen associates limited Company Information

Share NIEMEN ASSOCIATES LIMITED

Company Number

03302162

Directors

Shayne Niemen

Sara Niemen

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Shareholders

shayne andrew niemen

oliver bush

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Group Structure

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Industry

Architectural activities

 +1

Registered Address

network house stubs beck lane, west 26 industrial estate, cleckheaton, west yorkshire, BD19 4TT

niemen associates limited Estimated Valuation

£768.2k

Pomanda estimates the enterprise value of NIEMEN ASSOCIATES LIMITED at £768.2k based on a Turnover of £1.2m and 0.62x industry multiple (adjusted for size and gross margin).

niemen associates limited Estimated Valuation

£579.5k

Pomanda estimates the enterprise value of NIEMEN ASSOCIATES LIMITED at £579.5k based on an EBITDA of £115.5k and a 5.02x industry multiple (adjusted for size and gross margin).

niemen associates limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of NIEMEN ASSOCIATES LIMITED at £1.9m based on Net Assets of £638.9k and 3.05x industry multiple (adjusted for liquidity).

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Niemen Associates Limited Overview

Niemen Associates Limited is a live company located in cleckheaton, BD19 4TT with a Companies House number of 03302162. It operates in the architectural activities sector, SIC Code 71111. Founded in January 1997, it's largest shareholder is shayne andrew niemen with a 30% stake. Niemen Associates Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Niemen Associates Limited Health Check

Pomanda's financial health check has awarded Niemen Associates Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

2 Strong

positive_score

6 Regular

positive_score

4 Weak

size

Size

annual sales of £1.2m, make it in line with the average company (£1.2m)

£1.2m - Niemen Associates Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (7.3%)

-18% - Niemen Associates Limited

7.3% - Industry AVG

production

Production

with a gross margin of 46.9%, this company has a comparable cost of product (46.9%)

46.9% - Niemen Associates Limited

46.9% - Industry AVG

profitability

Profitability

an operating margin of 7.8% make it as profitable than the average company (7.1%)

7.8% - Niemen Associates Limited

7.1% - Industry AVG

employees

Employees

with 14 employees, this is similar to the industry average (13)

14 - Niemen Associates Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)

£49.5k - Niemen Associates Limited

£49.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.8k, this is equally as efficient (£100.7k)

£88.8k - Niemen Associates Limited

£100.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 86 days, this is later than average (68 days)

86 days - Niemen Associates Limited

68 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (29 days)

12 days - Niemen Associates Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 43 days, this is more than average (27 days)

43 days - Niemen Associates Limited

27 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (30 weeks)

103 weeks - Niemen Associates Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.5%, this is a lower level of debt than the average (50.9%)

26.5% - Niemen Associates Limited

50.9% - Industry AVG

NIEMEN ASSOCIATES LIMITED financials

EXPORTms excel logo

Niemen Associates Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £638.9 thousand. According to their latest financial statements, Niemen Associates Limited has 14 employees and maintains cash reserves of £401.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,242,5531,099,7032,085,5612,289,9781,929,9471,684,7001,781,2871,695,968997,100529,461403,058350,511380,305657,511311,251
Other Income Or Grants000000000000000
Cost Of Sales659,578590,6191,170,6531,276,4121,023,564876,748914,374810,229451,754245,694183,091154,478169,159274,857130,492
Gross Profit582,975509,084914,9081,013,566906,383807,952866,914885,739545,346283,767219,968196,032211,146382,653180,759
Admin Expenses485,921477,989974,007913,744854,525717,643740,056724,220441,521219,589204,223195,210224,432380,661152,873
Operating Profit97,05431,095-59,09999,82251,85890,309126,858161,519103,82564,17815,745822-13,2861,99227,886
Interest Payable3,1761,7020000000000000
Interest Receivable19,7167,433000000444511110
Pre-Tax Profit113,59336,826-59,09999,82251,85890,309126,858161,519103,86964,22315,745822-13,2851,99327,886
Tax-28,398-6,9970-18,966-9,853-17,159-24,103-32,304-20,774-13,487-3,621-1970-558-7,808
Profit After Tax85,19529,829-59,09980,85642,00573,150102,755129,21583,09550,73612,124625-13,2851,43520,078
Dividends Paid000000000000000
Retained Profit85,19529,829-59,09980,85642,00573,150102,755129,21583,09550,73612,124625-13,2851,43520,078
Employee Costs692,747431,015403,850306,652391,358303,132378,940824,592471,535255,037212,080159,039197,957309,878158,815
Number Of Employees149979791911654584
EBITDA*115,46331,095-59,09999,82251,85890,309126,858161,519103,82568,15017,8222,222-10,0466,73232,816

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets58,23570,00980,13599,27523,54823,00725,24930,72138,15515,58812,2353,8795,0296,5939,804
Intangible Assets000000000000000
Investments & Other00000000000000307
Debtors (Due After 1 year)000000000000000
Total Fixed Assets58,23570,00980,13599,27523,54823,00725,24930,72138,15515,58812,2353,8795,0296,59310,111
Stock & work in progress78,000000000009,61544,63061,04982,70050,99676,232
Trade Debtors293,044308,858647,213678,773575,378533,145534,622368,502205,404102,91264,07947,07044,847107,09642,690
Group Debtors000000000000000
Misc Debtors38,5476,524006,4290000002,2134,7782,0250
Cash401,295349,785000000017,697233137125125125
misc current assets000003,4293,4293,1903,562000000
total current assets810,886665,167647,213678,773581,807536,574538,051371,692208,966130,224108,942110,469132,450160,242119,047
total assets869,121735,176727,348778,048605,355559,581563,300402,413247,121145,812121,177114,348137,479166,835129,158
Bank overdraft9,9729,9320000000000000
Bank loan000000000000000
Trade Creditors 22,8016,593161,644145,259103,42299,653159,965100,61573,76970,97495,292105,395129,151145,222108,980
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities169,581141,6610000000000000
total current liabilities202,354158,186161,644145,259103,42299,653159,965100,61573,76970,97495,292105,395129,151145,222108,980
loans13,29423,2710000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income0000000450450000000
other liabilities0042,01450,0000016,55717,32518,0941,8754,3750000
provisions14,559000000001,1504330000
total long term liabilities27,85323,27142,01450,0000016,55717,77518,5443,0254,8080000
total liabilities230,207181,457203,658195,259103,42299,653176,522118,39092,31373,999100,100105,395129,151145,222108,980
net assets638,914553,719523,690582,789501,933459,928386,778284,023154,80871,81321,0778,9538,32821,61320,178
total shareholders funds638,914553,719523,690582,789501,933459,928386,778284,023154,80871,81321,0778,9538,32821,61320,178
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit97,05431,095-59,09999,82251,85890,309126,858161,519103,82564,17815,745822-13,2861,99227,886
Depreciation18,409000000003,9722,0771,4003,2404,7404,930
Amortisation000000000000000
Tax-28,398-6,9970-18,966-9,853-17,159-24,103-32,304-20,774-13,487-3,621-1970-558-7,808
Stock78,0000000000-9,615-35,015-16,419-21,65131,704-25,23676,232
Debtors16,209-331,831-31,56096,96648,662-1,477166,120163,098102,49238,83314,796-342-59,49666,43142,690
Creditors16,208-155,05116,38541,8373,769-60,31259,35026,8462,795-24,318-10,103-23,756-16,07136,242108,980
Accruals and Deferred Income27,920141,6610000-4500450000000
Deferred Taxes & Provisions14,5590000000-1,1507174330000
Cash flow from operations51,543342,539-11,15425,727-2,88814,315-4,465-7,037-7,73127,2446,1542621,6751,22115,066
Investing Activities
capital expenditure-6,63510,12619,140-75,727-5412,2425,4727,434-22,567-7,325-10,433-250-1,676-1,529-14,734
Change in Investments0000000000000-307307
cash flow from investments-6,63510,12619,140-75,727-5412,2425,4727,434-22,567-7,325-10,433-250-1,676-1,222-15,041
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-9,97723,2710000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-42,014-7,98650,0000-16,557-768-76916,219-2,5004,3750000
share issue0200000000-10000000100
interest16,5405,731000000444511110
cash flow from financing6,563-12,812-7,98650,0000-16,557-768-76916,163-2,4554,376111100
cash and cash equivalents
cash51,510349,785000000-17,69717,464961200125
overdraft409,9320000000000000
change in cash51,470339,853000000-17,69717,464961200125

niemen associates 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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Niemen Associates Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for niemen associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BD19 area or any other competitors across 12 key performance metrics.

niemen associates limited Ownership

NIEMEN ASSOCIATES LIMITED group structure

Niemen Associates Limited has no subsidiary companies.

Ultimate parent company

NIEMEN ASSOCIATES LIMITED

03302162

NIEMEN ASSOCIATES LIMITED Shareholders

shayne andrew niemen 30%
oliver bush 25%
scott lunn 25%
sara niemen 20%

niemen associates limited directors

Niemen Associates Limited currently has 4 directors. The longest serving directors include Mr Shayne Niemen (Apr 2000) and Mrs Sara Niemen (Mar 2023).

officercountryagestartendrole
Mr Shayne NiemenUnited Kingdom57 years Apr 2000- Director
Mrs Sara Niemen50 years Mar 2023- Director
Mr Scott Lunn43 years Mar 2023- Director
Mr Oliver Bush44 years Mar 2023- Director

P&L

March 2024

turnover

1.2m

+13%

operating profit

97.1k

0%

gross margin

47%

+1.35%

turnover

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

Balance Sheet

March 2024

net assets

638.9k

+0.15%

total assets

869.1k

+0.18%

cash

401.3k

+0.15%

net assets

Total assets minus all liabilities

niemen associates limited company details

company number

03302162

Type

Private limited with Share Capital

industry

71111 - Architectural activities

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

January 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

carey niemen limited (January 2006)

carey devcon limited (March 2000)

accountant

KJA KILNER JOHNSON LTD

auditor

-

address

network house stubs beck lane, west 26 industrial estate, cleckheaton, west yorkshire, BD19 4TT

Bank

-

Legal Advisor

-

niemen associates 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 1 charges/mortgages relating to niemen associates limited. Currently there are 1 open charges and 0 have been satisfied in the past.

niemen associates 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 NIEMEN ASSOCIATES LIMITED. This can take several minutes, an email will notify you when this has completed.

niemen associates limited Companies House Filings - See Documents

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