network installation solutions limited

network installation solutions limited Company Information

Share NETWORK INSTALLATION SOLUTIONS LIMITED
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Company Number

03863441

Industry

Other business support service activities n.e.c.

 

Other information technology and computer service activities

 
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Shareholders

fredrick wainwright

patricia wainwright

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Group Structure

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Contact

Registered Address

cable house, 40 westgate, skelmersdale, lancashire, WN8 8AZ

network installation solutions limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of NETWORK INSTALLATION SOLUTIONS LIMITED at £4.3m based on a Turnover of £5.8m and 0.73x industry multiple (adjusted for size and gross margin).

network installation solutions limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of NETWORK INSTALLATION SOLUTIONS LIMITED at £1.4m based on an EBITDA of £277.6k and a 5.07x industry multiple (adjusted for size and gross margin).

network installation solutions limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of NETWORK INSTALLATION SOLUTIONS LIMITED at £4.6m based on Net Assets of £2m and 2.29x industry multiple (adjusted for liquidity).

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Network Installation Solutions Limited Overview

Network Installation Solutions Limited is a live company located in lancashire, WN8 8AZ with a Companies House number of 03863441. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 1999, it's largest shareholder is fredrick wainwright with a 16.7% stake. Network Installation Solutions Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with rapid growth in recent years.

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Network Installation Solutions Limited Health Check

Pomanda's financial health check has awarded Network Installation Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £5.8m, make it larger than the average company (£4m)

£5.8m - Network Installation Solutions Limited

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (8.9%)

48% - Network Installation Solutions Limited

8.9% - Industry AVG

production

Production

with a gross margin of 43.5%, this company has a comparable cost of product (43.5%)

43.5% - Network Installation Solutions Limited

43.5% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (5.3%)

3.9% - Network Installation Solutions Limited

5.3% - Industry AVG

employees

Employees

with 31 employees, this is above the industry average (24)

31 - Network Installation Solutions Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.2k, the company has an equivalent pay structure (£59.2k)

£59.2k - Network Installation Solutions Limited

£59.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £187.6k, this is more efficient (£150.5k)

£187.6k - Network Installation Solutions Limited

£150.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 71 days, this is later than average (50 days)

71 days - Network Installation Solutions Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (31 days)

20 days - Network Installation Solutions Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (16 days)

5 days - Network Installation Solutions Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (20 weeks)

36 weeks - Network Installation Solutions Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.1%, this is a lower level of debt than the average (58.7%)

29.1% - Network Installation Solutions Limited

58.7% - Industry AVG

NETWORK INSTALLATION SOLUTIONS LIMITED financials

EXPORTms excel logo

Network Installation Solutions Limited's latest turnover from March 2024 is estimated at £5.8 million and the company has net assets of £2 million. According to their latest financial statements, Network Installation Solutions Limited has 31 employees and maintains cash reserves of £535.1 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
Turnover5,814,3533,723,2772,345,9551,809,3982,454,9313,174,3512,798,4542,930,5952,949,0213,559,4263,589,7982,340,9471,966,7932,335,8103,369,620
Other Income Or Grants000000000000000
Cost Of Sales3,284,6652,041,6331,296,922984,9491,299,8381,667,8641,432,4071,464,1381,473,7441,793,6111,754,0551,128,801946,8781,109,2771,583,745
Gross Profit2,529,6881,681,6431,049,033824,4491,155,0921,506,4871,366,0471,466,4571,475,2771,765,8151,835,7431,212,1461,019,9141,226,5331,785,875
Admin Expenses2,300,5331,039,953676,261632,800532,5981,524,9911,388,8321,438,2621,513,8821,709,5221,682,9531,169,009963,3331,319,8181,514,012
Operating Profit229,155641,690372,772191,649622,494-18,504-22,78528,195-38,60556,293152,79043,13756,581-93,285271,863
Interest Payable000000000000000
Interest Receivable33,57630,7315,3406724971,41868592362228112910200
Pre-Tax Profit262,731672,421378,111192,321622,991-17,086-22,71728,254-38,36956,515152,87043,26656,682-93,285271,864
Tax-65,683-127,760-71,841-36,541-118,36800-5,6510-11,868-35,160-10,384-14,7370-76,122
Profit After Tax197,048544,661306,270155,780504,623-17,086-22,71722,603-38,36944,647117,71032,88241,945-93,285195,742
Dividends Paid000000000000000
Retained Profit197,048544,661306,270155,780504,623-17,086-22,71722,603-38,36944,647117,71032,88241,945-93,285195,742
Employee Costs1,835,4921,701,3211,492,6431,359,1151,276,9071,469,9761,220,9731,510,9771,074,9281,272,3521,290,441833,775694,672854,6721,231,699
Number Of Employees313028272629253122262718151927
EBITDA*277,611674,121407,320228,435658,86915,68011,65046,0196,83698,968167,74754,42164,127-80,816289,817

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets199,194154,284125,558141,450133,563123,212101,53691,757115,37998,02147,21340,97037,92832,22338,820
Intangible Assets0000000010,00020,00030,0000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets199,194154,284125,558141,450133,563123,212101,53691,757125,379118,02177,21340,97037,92832,22338,820
Stock & work in progress45,00045,00045,00055,00055,00055,00078,00062,50069,7502,7502,7502,7502,8502,9502,800
Trade Debtors1,139,894615,856317,165194,445397,909482,326531,562462,275505,882592,450583,484373,978304,259369,840548,203
Group Debtors000000000000000
Misc Debtors891,243890,568545,560169,82393,61518,95816,94980,9569,137000000
Cash535,094743,996702,153721,731623,030371,1647,02120,13826,97467,59321,23010,97440,7230187
misc current assets000000000000000
total current assets2,611,2312,295,4201,609,8781,140,9991,169,554927,448633,532625,869611,743662,793607,464387,702347,832372,790551,190
total assets2,810,4252,449,7041,735,4361,282,4491,303,1171,050,660735,068717,626737,122780,814684,677428,672385,760405,013590,010
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 183,311296,833145,962124,867117,765486,609166,765163,410226,997385,439381,419244,041235,553300,309392,382
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments06237,4747,47521,23220,47412,44419,23017,977000000
other current liabilities586,047319,843300,821171,781335,623199,825209,151194,526149,554000000
total current liabilities769,358617,299454,257304,123474,620706,908388,360377,166394,528385,439381,419244,041235,553300,309392,382
loans000000000000000
hp & lease commitments006238,09715,57236,18026,757019,230000000
Accruals and Deferred Income000000000000000
other liabilities00000000037,2070000147
provisions48,52336,90929,72125,66424,14023,41018,70316,49522,00218,4378,1747,2575,7152,1571,649
total long term liabilities48,52336,90930,34433,76139,71259,59045,46016,49541,23255,6448,1747,2575,7152,1571,796
total liabilities817,881654,208484,601337,884514,332766,498433,820393,661435,760441,083389,593251,298241,268302,466394,178
net assets1,992,5441,795,4961,250,835944,565788,785284,162301,248323,965301,362339,731295,084177,374144,492102,547195,832
total shareholders funds1,992,5441,795,4961,250,835944,565788,785284,162301,248323,965301,362339,731295,084177,374144,492102,547195,832
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit229,155641,690372,772191,649622,494-18,504-22,78528,195-38,60556,293152,79043,13756,581-93,285271,863
Depreciation48,45632,43134,54836,78636,37534,18434,4357,82435,44132,67514,95711,2847,54612,46917,954
Amortisation000000010,00010,00010,00000000
Tax-65,683-127,760-71,841-36,541-118,36800-5,6510-11,868-35,160-10,384-14,7370-76,122
Stock00-10,00000-23,00015,500-7,25067,00000-100-1001502,800
Debtors524,713643,699498,457-127,256-9,760-47,2275,28028,212-77,4318,966209,50669,719-65,581-178,363548,203
Creditors-113,522150,87121,0957,102-368,844319,8443,355-63,587-158,4424,020137,3788,488-64,756-92,073392,382
Accruals and Deferred Income266,20419,022129,040-163,842135,798-9,32614,62544,972149,554000000
Deferred Taxes & Provisions11,6147,1884,0571,5247304,7072,208-5,5073,56510,2639171,5423,5585081,649
Cash flow from operations-148,48979,7431,214163,934317,945401,13211,058-4,71611,94492,41761,376-15,55253,8735,83256,723
Investing Activities
capital expenditure-93,366-61,157-18,656-44,673-46,726-55,860-44,21415,798-52,799-83,483-51,200-14,326-13,251-5,872-56,774
Change in Investments000000000000000
cash flow from investments-93,366-61,157-18,656-44,673-46,726-55,860-44,21415,798-52,799-83,483-51,200-14,326-13,251-5,872-56,774
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-623-7,474-7,475-21,232-19,85017,45319,971-17,97737,207000000
other long term liabilities00000000-37,20737,207000-147147
share issue0000000000000090
interest33,57630,7315,3406724971,41868592362228112910200
cash flow from financing32,95323,257-2,135-20,560-19,35318,87120,039-17,91823637,42981129102-147237
cash and cash equivalents
cash-208,90241,843-19,57898,701251,866364,143-13,117-6,836-40,61946,36310,256-29,74940,723-187187
overdraft000000000000000
change in cash-208,90241,843-19,57898,701251,866364,143-13,117-6,836-40,61946,36310,256-29,74940,723-187187

network installation solutions 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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Network Installation Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for network installation solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WN8 area or any other competitors across 12 key performance metrics.

network installation solutions limited Ownership

NETWORK INSTALLATION SOLUTIONS LIMITED group structure

Network Installation Solutions Limited has no subsidiary companies.

Ultimate parent company

NETWORK INSTALLATION SOLUTIONS LIMITED

03863441

NETWORK INSTALLATION SOLUTIONS LIMITED Shareholders

fredrick wainwright 16.67%
patricia wainwright 16.67%
christopher james sandison 16.67%
david mark wainwright 16.67%
estelle moore 16.67%
kerrie sandison 16.67%

network installation solutions limited directors

Network Installation Solutions Limited currently has 3 directors. The longest serving directors include Mr Fredrick Wainwright (Oct 1999) and Mr David Wainwright (Oct 1999).

officercountryagestartendrole
Mr Fredrick Wainwright72 years Oct 1999- Director
Mr David Wainwright53 years Oct 1999- Director
Mr Christopher Sandison51 years Jan 2000- Director

P&L

March 2024

turnover

5.8m

+56%

operating profit

229.2k

0%

gross margin

43.6%

-3.67%

turnover

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

Balance Sheet

March 2024

net assets

2m

+0.11%

total assets

2.8m

+0.15%

cash

535.1k

-0.28%

net assets

Total assets minus all liabilities

network installation solutions limited company details

company number

03863441

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

82990 - Other business support service activities n.e.c.

62090 - Other information technology and computer service activities

incorporation date

October 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

flomak limited (November 1999)

accountant

COBURN MCKENNA

auditor

-

address

cable house, 40 westgate, skelmersdale, lancashire, WN8 8AZ

Bank

BANK OF SCOTLAND, BANK OF SCOTLAND

Legal Advisor

-

network installation solutions 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 4 charges/mortgages relating to network installation solutions limited. Currently there are 1 open charges and 3 have been satisfied in the past.

network installation solutions 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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network installation solutions limited Companies House Filings - See Documents

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