norman broadbent executive search limited
norman broadbent executive search limited Company Information
Company Number
03326763
Website
www.normanbroadbent.comRegistered Address
68 king william street, london, england, EC4N 7HR
Industry
Management consultancy activities (other than financial management)
Telephone
442074840000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
norman broadbent plc 100%
norman broadbent executive search limited Estimated Valuation
Pomanda estimates the enterprise value of NORMAN BROADBENT EXECUTIVE SEARCH LIMITED at £12.7m based on a Turnover of £12.3m and 1.03x industry multiple (adjusted for size and gross margin).
norman broadbent executive search limited Estimated Valuation
Pomanda estimates the enterprise value of NORMAN BROADBENT EXECUTIVE SEARCH LIMITED at £14.1m based on an EBITDA of £1.9m and a 7.36x industry multiple (adjusted for size and gross margin).
norman broadbent executive search limited Estimated Valuation
Pomanda estimates the enterprise value of NORMAN BROADBENT EXECUTIVE SEARCH LIMITED at £245.4k based on Net Assets of £95k and 2.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Norman Broadbent Executive Search Limited Overview
Norman Broadbent Executive Search Limited is a live company located in england, EC4N 7HR with a Companies House number of 03326763. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in March 1997, it's largest shareholder is norman broadbent plc with a 100% stake. Norman Broadbent Executive Search Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.3m with rapid growth in recent years.
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Norman Broadbent Executive Search Limited Health Check
Pomanda's financial health check has awarded Norman Broadbent Executive Search Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £12.3m, make it larger than the average company (£532.1k)
£12.3m - Norman Broadbent Executive Search Limited
£532.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 81%, show it is growing at a faster rate (8.5%)
81% - Norman Broadbent Executive Search Limited
8.5% - Industry AVG
Production
with a gross margin of 85.9%, this company has a lower cost of product (53.8%)
85.9% - Norman Broadbent Executive Search Limited
53.8% - Industry AVG
Profitability
an operating margin of 13.7% make it more profitable than the average company (7.8%)
13.7% - Norman Broadbent Executive Search Limited
7.8% - Industry AVG
Employees
with 51 employees, this is above the industry average (6)
51 - Norman Broadbent Executive Search Limited
6 - Industry AVG
Pay Structure
on an average salary of £50k, the company has an equivalent pay structure (£50k)
- Norman Broadbent Executive Search Limited
£50k - Industry AVG
Efficiency
resulting in sales per employee of £241.3k, this is more efficient (£121.7k)
£241.3k - Norman Broadbent Executive Search Limited
£121.7k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is near the average (68 days)
75 days - Norman Broadbent Executive Search Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (25 days)
62 days - Norman Broadbent Executive Search Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Norman Broadbent Executive Search Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (22 weeks)
10 weeks - Norman Broadbent Executive Search Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (57.2%)
97.5% - Norman Broadbent Executive Search Limited
57.2% - Industry AVG
NORMAN BROADBENT EXECUTIVE SEARCH LIMITED financials
Norman Broadbent Executive Search Limited's latest turnover from December 2023 is £12.3 million and the company has net assets of £95 thousand. According to their latest financial statements, Norman Broadbent Executive Search Limited has 51 employees and maintains cash reserves of £751 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,306,000 | 8,697,000 | 6,545,000 | 2,060,000 | 3,335,000 | 3,737,000 | 3,060,000 | 4,005,000 | 4,885,000 | 5,063,000 | 5,520,000 | 6,626,000 | 5,976,000 | 5,397,000 | 2,041,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,731,000 | 1,350,000 | 690,000 | 8,000 | 9,000 | 12,000 | 67,000 | 90,000 | 53,000 | 70,000 | 182,000 | 112,000 | 50,000 | 72,000 | 0 |
| Gross Profit | 10,575,000 | 7,347,000 | 5,855,000 | 2,052,000 | 3,326,000 | 3,725,000 | 2,993,000 | 3,915,000 | 4,832,000 | 4,993,000 | 5,338,000 | 6,514,000 | 5,926,000 | 5,325,000 | 2,041,000 |
| Admin Expenses | 8,885,000 | 8,258,000 | 2,466,000 | 2,805,000 | 3,591,000 | 3,965,000 | 3,984,000 | 4,222,000 | 4,736,000 | 4,747,000 | 5,491,000 | 6,644,000 | 6,382,000 | 5,392,000 | 2,638,000 |
| Operating Profit | 1,690,000 | -911,000 | 3,389,000 | -753,000 | -265,000 | -240,000 | -991,000 | -307,000 | 96,000 | 246,000 | -153,000 | -130,000 | -456,000 | -67,000 | -597,000 |
| Interest Payable | 29,000 | 53,000 | 41,000 | 22,000 | 15,000 | 20,000 | 15,000 | 17,000 | 22,000 | 26,000 | 31,000 | 31,000 | 26,000 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,000 | 6,000 |
| Pre-Tax Profit | 1,661,000 | -964,000 | 3,348,000 | -775,000 | -280,000 | -260,000 | -1,006,000 | -983,000 | 6,000 | 220,000 | -184,000 | -161,000 | -482,000 | -103,000 | -603,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 15,000 |
| Profit After Tax | 1,661,000 | -964,000 | 3,348,000 | -775,000 | -280,000 | -260,000 | -1,006,000 | -983,000 | 6,000 | 220,000 | -184,000 | -161,000 | -482,000 | -87,000 | -588,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,661,000 | -964,000 | 3,348,000 | -775,000 | -280,000 | -260,000 | -1,006,000 | -983,000 | 6,000 | 220,000 | -184,000 | -161,000 | -482,000 | -87,000 | -588,000 |
| Employee Costs | 4,672,000 | 2,921,000 | 3,400,000 | 3,591,000 | 3,438,000 | 3,622,000 | 3,634,000 | 3,358,000 | 3,941,000 | 4,947,000 | 4,483,000 | 3,642,000 | 1,874,000 | ||
| Number Of Employees | 51 | 42 | 45 | 33 | 31 | 37 | 36 | 40 | 44 | 44 | 46 | 50 | 49 | 41 | 19 |
| EBITDA* | 1,921,000 | -684,000 | 3,601,000 | -538,000 | -176,000 | -184,000 | -960,000 | -277,000 | 131,000 | 295,000 | -79,000 | -48,000 | -377,000 | 3,000 | -578,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 178,000 | 401,000 | 529,000 | 321,000 | 79,000 | 146,000 | 34,000 | 53,000 | 64,000 | 81,000 | 117,000 | 100,000 | 129,000 | 176,000 | 61,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 5,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 2,000 | 48,000 | 42,000 | 79,000 | 0 | 0 | 0 | 310,000 | 310,000 | 308,000 | 308,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 180,000 | 449,000 | 571,000 | 400,000 | 79,000 | 146,000 | 34,000 | 363,000 | 374,000 | 389,000 | 425,000 | 110,000 | 139,000 | 181,000 | 61,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,536,000 | 2,133,000 | 1,733,000 | 662,000 | 718,000 | 880,000 | 639,000 | 442,000 | 756,000 | 682,000 | 1,031,000 | 1,416,000 | 1,162,000 | 1,414,000 | 623,000 |
| Group Debtors | 0 | 0 | 2,315,000 | 2,926,000 | 2,658,000 | 2,452,000 | 2,345,000 | 2,464,000 | 2,869,000 | 2,733,000 | 1,804,000 | 659,000 | 356,000 | 155,000 | 551,000 |
| Misc Debtors | 355,000 | 142,000 | 104,000 | 99,000 | 183,000 | 196,000 | 613,000 | 239,000 | 283,000 | 273,000 | 166,000 | 508,000 | 507,000 | 381,000 | 69,000 |
| Cash | 751,000 | 44,000 | 290,000 | 27,000 | 126,000 | 162,000 | 56,000 | 69,000 | 56,000 | 153,000 | 0 | 152,000 | 234,000 | 38,000 | 57,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,642,000 | 2,319,000 | 4,442,000 | 3,714,000 | 3,685,000 | 3,690,000 | 3,653,000 | 3,214,000 | 3,964,000 | 3,841,000 | 3,001,000 | 2,735,000 | 2,259,000 | 1,988,000 | 1,300,000 |
| total assets | 3,822,000 | 2,768,000 | 5,013,000 | 4,114,000 | 3,764,000 | 3,836,000 | 3,687,000 | 3,577,000 | 4,338,000 | 4,230,000 | 3,426,000 | 2,845,000 | 2,398,000 | 2,169,000 | 1,361,000 |
| Bank overdraft | 159,000 | 483,000 | 952,000 | 317,000 | 218,000 | 370,000 | 456,000 | 331,000 | 608,000 | 508,000 | 680,000 | 965,000 | 624,000 | 610,000 | 378,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 297,000 | 203,000 | 160,000 | 52,000 | 135,000 | 230,000 | 316,000 | 145,000 | 322,000 | 327,000 | 216,000 | 328,000 | 298,000 | 329,000 | 71,000 |
| Group/Directors Accounts | 147,000 | 1,553,000 | 2,571,000 | 6,841,000 | 5,378,000 | 5,049,000 | 5,046,000 | 4,032,000 | 3,276,000 | 3,285,000 | 2,673,000 | 1,817,000 | 1,606,000 | 926,000 | 577,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 111,000 | 203,000 | 200,000 | 196,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,005,000 | 1,738,000 | 1,434,000 | 609,000 | 1,208,000 | 1,082,000 | 504,000 | 573,000 | 653,000 | 637,000 | 624,000 | 502,000 | 547,000 | 573,000 | 588,000 |
| total current liabilities | 3,719,000 | 4,180,000 | 5,317,000 | 8,015,000 | 6,939,000 | 6,731,000 | 6,322,000 | 5,081,000 | 4,859,000 | 4,757,000 | 4,193,000 | 3,612,000 | 3,075,000 | 2,438,000 | 1,614,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 8,000 | 154,000 | 298,000 | 49,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125,000 | 125,000 | 125,000 | 125,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,000 | 154,000 | 298,000 | 49,000 | 0 | 0 | 0 | 125,000 | 125,000 | 125,000 | 125,000 | 0 | 0 | 0 | 0 |
| total liabilities | 3,727,000 | 4,334,000 | 5,615,000 | 8,064,000 | 6,939,000 | 6,731,000 | 6,322,000 | 5,206,000 | 4,984,000 | 4,882,000 | 4,318,000 | 3,612,000 | 3,075,000 | 2,438,000 | 1,614,000 |
| net assets | 95,000 | -1,566,000 | -602,000 | -3,950,000 | -3,175,000 | -2,895,000 | -2,635,000 | -1,629,000 | -646,000 | -652,000 | -892,000 | -767,000 | -677,000 | -269,000 | -253,000 |
| total shareholders funds | 95,000 | -1,566,000 | -602,000 | -3,950,000 | -3,175,000 | -2,895,000 | -2,635,000 | -1,629,000 | -646,000 | -652,000 | -892,000 | -767,000 | -677,000 | -269,000 | -253,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,690,000 | -911,000 | 3,389,000 | -753,000 | -265,000 | -240,000 | -991,000 | -307,000 | 96,000 | 246,000 | -153,000 | -130,000 | -456,000 | -67,000 | -597,000 |
| Depreciation | 231,000 | 227,000 | 212,000 | 215,000 | 89,000 | 56,000 | 31,000 | 30,000 | 35,000 | 49,000 | 74,000 | 82,000 | 79,000 | 70,000 | 19,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 15,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 570,000 | -1,871,000 | 428,000 | 207,000 | 31,000 | -69,000 | 142,000 | -763,000 | 222,000 | 687,000 | 726,000 | 558,000 | 75,000 | 707,000 | 1,243,000 |
| Creditors | 94,000 | 43,000 | 108,000 | -83,000 | -95,000 | -86,000 | 171,000 | -177,000 | -5,000 | 111,000 | -112,000 | 30,000 | -31,000 | 258,000 | 71,000 |
| Accruals and Deferred Income | 1,267,000 | 304,000 | 825,000 | -599,000 | 126,000 | 578,000 | -69,000 | -80,000 | 16,000 | 13,000 | 122,000 | -45,000 | -26,000 | -15,000 | 588,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -125,000 | 0 | 0 | 0 | 125,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,712,000 | 1,534,000 | 4,106,000 | -1,427,000 | -176,000 | 377,000 | -1,125,000 | 229,000 | -80,000 | -268,000 | -670,000 | -621,000 | -509,000 | -445,000 | -1,147,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 |
| Group/Directors Accounts | -1,406,000 | -1,018,000 | -4,270,000 | 1,463,000 | 329,000 | 3,000 | 1,014,000 | 756,000 | -9,000 | 612,000 | 856,000 | 211,000 | 680,000 | 349,000 | 577,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -238,000 | -141,000 | 253,000 | 245,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -29,000 | -53,000 | -41,000 | -22,000 | -15,000 | -20,000 | -15,000 | -17,000 | -22,000 | -26,000 | -31,000 | -31,000 | -26,000 | 6,000 | |
| cash flow from financing | -1,673,000 | -1,212,000 | -4,058,000 | 1,686,000 | 314,000 | -17,000 | 999,000 | 739,000 | -31,000 | 606,000 | 884,000 | 251,000 | 728,000 | 918,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | 707,000 | -246,000 | 263,000 | -99,000 | -36,000 | 106,000 | -13,000 | 13,000 | -97,000 | 153,000 | -152,000 | -82,000 | 196,000 | -19,000 | 57,000 |
| overdraft | -324,000 | -469,000 | 635,000 | 99,000 | -152,000 | -86,000 | 125,000 | -277,000 | 100,000 | -172,000 | -285,000 | 341,000 | 14,000 | 232,000 | 378,000 |
| change in cash | 1,031,000 | 223,000 | -372,000 | -198,000 | 116,000 | 192,000 | -138,000 | 290,000 | -197,000 | 325,000 | 133,000 | -423,000 | 182,000 | -251,000 | -321,000 |
norman broadbent executive search limited Credit Report and Business Information
Norman Broadbent Executive Search Limited Competitor Analysis
Perform a competitor analysis for norman broadbent executive search limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
norman broadbent executive search limited Ownership
NORMAN BROADBENT EXECUTIVE SEARCH LIMITED group structure
Norman Broadbent Executive Search Limited has no subsidiary companies.
Ultimate parent company
1 parent
NORMAN BROADBENT EXECUTIVE SEARCH LIMITED
03326763
norman broadbent executive search limited directors
Norman Broadbent Executive Search Limited currently has 3 directors. The longest serving directors include Mr Peter Searle (Jul 2021) and Mr Kevin Davidson (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Searle | United Kingdom | 62 years | Jul 2021 | - | Director |
| Mr Kevin Davidson | United Kingdom | 52 years | Sep 2021 | - | Director |
| Mehr Malik | United Kingdom | 46 years | Jan 2023 | - | Director |
P&L
December 2023turnover
12.3m
+41%
operating profit
1.7m
-286%
gross margin
86%
+1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
95k
-1.06%
total assets
3.8m
+0.38%
cash
751k
+16.07%
net assets
Total assets minus all liabilities
Similar Companies
norman broadbent executive search limited company details
company number
03326763
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
March 1997
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
garner international ltd. (November 2011)
andrew garner limited (May 1997)
accountant
-
auditor
KRESTON REEVES LLP
address
68 king william street, london, england, EC4N 7HR
Bank
METRO BANK
Legal Advisor
-
norman broadbent executive search 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 9 charges/mortgages relating to norman broadbent executive search limited. Currently there are 1 open charges and 8 have been satisfied in the past.
norman broadbent executive search limited Companies House Filings - See Documents
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