Pomanda estimates the enterprise value of NEW CENTURY FINANCE LIMITED at £452.1k based on a Turnover of £402.1k and 1.12x industry multiple (adjusted for size and gross margin).
new century finance limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NEW CENTURY FINANCE LIMITED at £0 based on an EBITDA of £-51.8k and a 4.08x industry multiple (adjusted for size and gross margin).
new century finance limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of NEW CENTURY FINANCE LIMITED at £2.1m based on Net Assets of £1.7m and 1.23x industry multiple (adjusted for liquidity).
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New Century Finance LimitedOverview
New Century Finance Limited is a live company located in east sussex, TN22 1QL with a Companies House number of 03907207. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 2000, it's largest shareholder is
richard william price
with a 51% stake. New Century Finance Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£402.1k with
low
growth in recent years.
Pomanda's financial health check has awarded New Century Finance Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £402.1k, make it smaller than the average company (£4.7m)
£402.1k - New Century Finance Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.7%)
1% - New Century Finance Limited
3.7% - Industry AVG
Production
with a gross margin of 57.6%, this company has a comparable cost of product (57.6%)
57.6% - New Century Finance Limited
57.6% - Industry AVG
Profitability
an operating margin of -13% make it less profitable than the average company (9.8%)
-13% - New Century Finance Limited
9.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - New Century Finance Limited
13 - Industry AVG
Pay Structure
on an average salary of £75.9k, the company has an equivalent pay structure (£75.9k)
£75.9k - New Century Finance Limited
£75.9k - Industry AVG
Efficiency
resulting in sales per employee of £201.1k, this is equally as efficient (£201.1k)
£201.1k - New Century Finance Limited
£201.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - New Century Finance Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - New Century Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - New Century Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (31 weeks)
4 weeks - New Century Finance Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.7%, this is a lower level of debt than the average (68.8%)
4.7% - New Century Finance Limited
68.8% - Industry AVG
NEW CENTURY FINANCE LIMITED financials
EXPORT
New Century Finance Limited's latest turnover from August 2023 is estimated at £402.1 thousand and the company has net assets of £1.7 million. According to their latest financial statements, New Century Finance Limited has 2 employees and maintains cash reserves of £5.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
402,109
422,687
383,229
388,000
392,504
311,179
208,731
362,027
81,065
135,299
141,272
122,784
50,228
297,296
Other Income Or Grants
Cost Of Sales
170,687
176,540
155,598
156,446
162,102
124,855
81,794
127,634
28,264
51,446
53,328
49,621
20,808
128,287
Gross Profit
231,423
246,147
227,631
231,554
230,401
186,324
126,937
234,393
52,801
83,853
87,944
73,163
29,421
169,010
Admin Expenses
283,897
306,249
-330,567
129,734
68,475
21,435
-255,758
-216,172
91,077
57,051
37,023
-34,228
-4,830
-34,602
-110,147
Operating Profit
-52,474
-60,102
558,198
101,820
161,926
164,889
382,695
450,565
-38,276
26,802
50,921
107,391
34,251
203,612
110,147
Interest Payable
3,732
3,322
2,978
1,525
Interest Receivable
847
388
39
50
791
1,004
181
92
262
838
1,743
1,751
1,466
1,040
218
Pre-Tax Profit
-55,360
-63,036
555,259
100,344
162,717
165,894
382,877
450,658
-38,014
27,641
52,664
109,142
35,716
204,651
110,365
Tax
-105,499
-19,065
-30,916
-31,520
-72,747
-90,131
-5,805
-12,113
-26,194
-9,286
-57,302
-30,902
Profit After Tax
-55,360
-63,036
449,760
81,279
131,801
134,374
310,130
360,526
-38,014
21,836
40,551
82,948
26,430
147,349
79,463
Dividends Paid
Retained Profit
-55,360
-63,036
449,760
81,279
131,801
134,374
310,130
360,526
-38,014
21,836
40,551
82,948
26,430
147,349
79,463
Employee Costs
151,813
147,548
138,869
137,743
139,548
133,213
127,620
123,797
58,289
58,679
58,445
55,943
56,322
110,212
Number Of Employees
2
2
2
2
2
2
2
2
1
1
1
1
1
2
EBITDA*
-51,845
-59,372
559,165
103,174
162,771
165,784
383,488
451,339
-37,425
27,502
51,587
108,552
35,296
205,065
112,401
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
334
963
1,024
2,253
1,416
1,861
1,136
721
1,338
1,588
1,079
616
1,311
2,356
2,738
Intangible Assets
Investments & Other
100
100
100
1,315,000
1,325,000
1,541,925
1,468,500
1,335,000
458,843
458,843
215,000
Debtors (Due After 1 year)
Total Fixed Assets
434
1,063
1,124
1,317,253
1,326,416
1,543,786
1,469,636
1,335,721
460,181
460,431
216,079
616
1,311
2,356
2,738
Stock & work in progress
Trade Debtors
21,457
8,000
7,751
955
23,596
Group Debtors
1,227,967
1,256,362
1,291,017
Misc Debtors
587,057
573,601
723,217
422,851
358,923
34,615
48,851
68,712
6,602
93,921
Cash
5,213
27,048
17,309
60,939
38,272
172,657
95,185
49,963
23,831
81,071
254,136
442,898
257,604
328,633
87,322
misc current assets
total current assets
1,820,237
1,857,011
2,031,543
483,790
397,195
228,729
152,036
49,963
23,831
81,071
254,136
450,649
327,271
335,235
204,839
total assets
1,820,671
1,858,074
2,032,667
1,801,043
1,723,611
1,772,515
1,621,672
1,385,684
484,012
541,502
470,215
451,265
328,582
337,591
207,577
Bank overdraft
10,056
9,808
9,566
2,355
Bank loan
Trade Creditors
7,000
33,735
48,737
45,010
90,075
50,340
85,779
102,951
Group/Directors Accounts
56,275
60,749
15,025
other short term finances
hp & lease commitments
other current liabilities
57,276
29,413
131,394
72,262
116,268
79,963
130,086
344,914
total current liabilities
67,332
39,221
140,960
74,617
116,268
79,963
137,086
344,914
90,010
109,486
60,035
90,075
50,340
85,779
102,951
loans
18,218
28,273
38,079
47,645
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
84
183
195
32,831
34,572
71,641
63,514
48,644
163
total long term liabilities
18,302
28,456
38,274
80,476
34,572
71,641
63,514
48,644
163
total liabilities
85,634
67,677
179,234
155,093
150,840
151,604
200,600
393,558
90,010
109,486
60,035
90,075
50,340
85,779
103,114
net assets
1,735,037
1,790,397
1,853,433
1,645,950
1,572,771
1,620,911
1,421,072
992,126
394,002
432,016
410,180
361,190
278,242
251,812
104,463
total shareholders funds
1,735,037
1,790,397
1,853,433
1,645,950
1,572,771
1,620,911
1,421,072
992,126
394,002
432,016
410,180
361,190
278,242
251,812
104,463
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
-52,474
-60,102
558,198
101,820
161,926
164,889
382,695
450,565
-38,276
26,802
50,921
107,391
34,251
203,612
110,147
Depreciation
629
730
967
1,354
845
895
793
774
851
700
666
1,161
1,045
1,453
2,254
Amortisation
Tax
-105,499
-19,065
-30,916
-31,520
-72,747
-90,131
-5,805
-12,113
-26,194
-9,286
-57,302
-30,902
Stock
Debtors
-14,939
-184,271
1,591,383
63,928
302,851
-779
56,851
-7,751
-61,916
63,065
-110,915
117,517
Creditors
-7,000
7,000
-33,735
-15,002
3,727
-45,065
39,735
-35,439
-17,172
102,951
Accruals and Deferred Income
27,863
-101,981
59,132
-44,006
36,305
-50,123
-214,828
344,914
Deferred Taxes & Provisions
-99
-12
-32,636
-1,741
-37,069
8,127
14,870
48,644
-163
163
Cash flow from operations
-9,142
22,906
-1,111,221
-25,566
-171,760
86,047
60,932
721,031
-52,427
25,424
2,160
184,009
-72,494
241,343
67,096
Investing Activities
capital expenditure
-669
262
-2,191
-400
-1,620
-1,208
-157
-601
-1,209
-1,129
-466
-1,071
-4,992
Change in Investments
-1,314,900
-10,000
-216,925
73,425
133,500
876,157
243,843
215,000
cash flow from investments
-669
1,315,162
7,809
216,525
-75,045
-134,708
-876,314
-601
-245,052
-216,129
-466
-1,071
-4,992
Financing Activities
Bank loans
Group/Directors Accounts
-56,275
-4,474
45,724
15,025
Other Short Term Loans
Long term loans
-10,055
-9,806
-9,566
47,645
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-242,277
-8,100
-179,941
65,465
118,816
237,598
8,439
25,000
interest
-2,885
-2,934
-2,939
-1,475
791
1,004
181
92
262
838
1,743
1,751
1,466
1,040
218
cash flow from financing
-12,940
-12,740
-254,782
38,070
-179,150
66,469
118,997
181,415
-4,212
46,562
25,207
1,751
1,466
1,040
25,218
cash and cash equivalents
cash
-21,835
9,739
-43,630
22,667
-134,385
77,472
45,222
26,132
-57,240
-173,065
-188,762
185,294
-71,029
241,311
87,322
overdraft
248
242
7,211
2,355
change in cash
-22,083
9,497
-50,841
20,312
-134,385
77,472
45,222
26,132
-57,240
-173,065
-188,762
185,294
-71,029
241,311
87,322
new century finance 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 new century finance limited. Get real-time insights into new century finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for new century finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in TN22 area or any other competitors across 12 key performance metrics.
new century finance limited Ownership
NEW CENTURY FINANCE LIMITED group structure
New Century Finance Limited has no subsidiary companies.
Ultimate parent company
NEW CENTURY FINANCE LIMITED
03907207
NEW CENTURY FINANCE LIMITED Shareholders
The largest shareholders in New Century Finance Limited include Richard William Price and Diane Price.
richard william price
51%
diane price
49%
new century finance limited directors
New Century Finance Limited currently has 2 directors.
The longest serving directors include
Mr Richard Price (Jan 2000) and
Mrs Diane Price (Oct 2001).
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
January 2000
age
25
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
SWINDELLS LLP
auditor
-
address
atlantic house 8 bell lane, uckfield, east sussex, TN22 1QL
Bank
-
Legal Advisor
-
new century finance 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 did not find charges/mortgages relating to new century finance limited.
new century finance 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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new century finance limitedCompanies House Filings - See Documents
