noventus partners limited

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noventus partners limited Company Information

Share NOVENTUS PARTNERS LIMITED

Company Number

04318958

Shareholders

mitchell bennett freinberg

thomas justin everard bayne

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

46-54 high street, ingatestone, essex, CM4 9DW

noventus partners limited Estimated Valuation

£61k

Pomanda estimates the enterprise value of NOVENTUS PARTNERS LIMITED at £61k based on a Turnover of £113.1k and 0.54x industry multiple (adjusted for size and gross margin).

noventus partners limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVENTUS PARTNERS LIMITED at £0 based on an EBITDA of £-1.6k and a 3.83x industry multiple (adjusted for size and gross margin).

noventus partners limited Estimated Valuation

£139.5k

Pomanda estimates the enterprise value of NOVENTUS PARTNERS LIMITED at £139.5k based on Net Assets of £58.9k and 2.37x industry multiple (adjusted for liquidity).

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Noventus Partners Limited Overview

Noventus Partners Limited is a live company located in essex, CM4 9DW with a Companies House number of 04318958. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2001, it's largest shareholder is mitchell bennett freinberg with a 50% stake. Noventus Partners Limited is a mature, micro sized company, Pomanda has estimated its turnover at £113.1k with low growth in recent years.

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Noventus Partners Limited Health Check

Pomanda's financial health check has awarded Noventus Partners Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £113.1k, make it smaller than the average company (£4.8m)

£113.1k - Noventus Partners Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.7%)

1% - Noventus Partners Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Noventus Partners Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -2.3% make it less profitable than the average company (5.7%)

-2.3% - Noventus Partners Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (27)

2 - Noventus Partners Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Noventus Partners Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.6k, this is less efficient (£171.4k)

£56.6k - Noventus Partners Limited

£171.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (41 days)

0 days - Noventus Partners Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (32 days)

18 days - Noventus Partners Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Noventus Partners Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 254 weeks, this is more cash available to meet short term requirements (22 weeks)

254 weeks - Noventus Partners Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.9%, this is a lower level of debt than the average (62.5%)

19.9% - Noventus Partners Limited

62.5% - Industry AVG

NOVENTUS PARTNERS LIMITED financials

EXPORTms excel logo

Noventus Partners Limited's latest turnover from December 2023 is estimated at £113.1 thousand and the company has net assets of £58.9 thousand. According to their latest financial statements, Noventus Partners Limited has 2 employees and maintains cash reserves of £71.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover113,11527,452171,000108,236170,801115,367351,856502,716154,55582,760250,02988,074548,294142,75689,227
Other Income Or Grants000000000000000
Cost Of Sales69,9332,7505,55068,085106,81372,47410,61031,4179,44618,80725,3030127,4822,6702,751
Gross Profit43,18124,702165,45040,15263,98842,893341,246471,299145,10963,953224,72688,074420,812140,08686,476
Admin Expenses45,73350,69578,385127,415-23,656165,07367,06474,86979,73665,85094,02987,554147,995138,36785,319
Operating Profit-2,552-25,99387,065-87,26387,644-122,180274,182396,43065,373-1,897130,697520272,8171,7191,157
Interest Payable0000000000254356000
Interest Receivable3,45472131451,1301,3414551419948654696
Pre-Tax Profit903-25,92187,078-87,11888,774-120,839274,227396,48165,377-1,878130,452212272,8821,7651,253
Tax-2263,708-17,0260-16,8670-53,486-80,059-14,002-31-27,0040-56,137-1,250-973
Profit After Tax677-22,21370,052-87,11871,907-120,839220,741316,42251,375-1,909103,448212216,745515280
Dividends Paid0063,000000150,069257,77445,069097,1250200,00000
Retained Profit677-22,2137,052-87,11871,907-120,83970,67258,6486,306-1,9096,32321216,745515280
Employee Costs107,918018,00092,84991,93888,60183,95527,75020,75041,55720,69030,27963,50354,71043,017
Number Of Employees222222222122222
EBITDA*-1,603-24,75788,669-85,52189,473-120,571275,553397,60666,785-142132,1161,311273,9283,2402,895

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,1011,0422,2792,3392,2422,9093,0682,3429112,2521,9913,4101,1971,2582,380
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,1011,0422,2792,3392,2422,9093,0682,3429112,2521,9913,4101,1971,2582,380
Stock & work in progress000000000000000
Trade Debtors11,92003,60004,20003,60006,3001,8008,10001,313732
Group Debtors000000000000000
Misc Debtors7567,4262,2455,1868648,7681,7471,2046,6431,7577703,1955,8303,5091,505
Cash71,74459,849105,07273,431215,71985,727271,817225,538103,87998,561111,65275,837172,864100,34356,007
misc current assets000000000000000
total current assets72,50169,195107,31782,217216,58398,695273,564230,342110,522106,618114,22287,132178,694105,16558,244
total assets73,60270,237109,59684,556218,825101,604276,632232,684111,433108,870116,21390,542179,891106,42360,624
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,5123,1795,2032,9414,1725,3437,3563,7513,2126,7762,7562,2352,3514,0132,527
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities11,1678,81223,9348,20854,1287,64359,81990,14728,08328,26237,71618,889108,33349,9486,150
total current liabilities14,67911,99129,13711,14958,30012,98667,17593,89831,29535,03840,47221,124110,68453,9618,677
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities14,67911,99129,13711,14958,30012,98667,17593,89831,29535,03840,47221,124110,68453,9618,677
net assets58,92358,24680,45973,407160,52588,618209,457138,78680,13873,83275,74169,41869,20752,46251,947
total shareholders funds58,92358,24680,45973,407160,52588,618209,457138,78680,13873,83275,74169,41869,20752,46251,947
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-2,552-25,99387,065-87,26387,644-122,180274,182396,43065,373-1,897130,697520272,8171,7191,157
Depreciation9491,2361,6041,7421,8291,6091,3711,1761,4121,7551,4197911,1111,5211,738
Amortisation000000000000000
Tax-2263,708-17,0260-16,8670-53,486-80,059-14,002-31-27,0040-56,137-1,250-973
Stock000000000000000
Debtors-8,5897,101-6,5417,922-12,10411,221-3,057-1,839-1,4145,487-8,7255,4651,0082,5852,237
Creditors333-2,0242,262-1,231-1,171-2,0133,605539-3,5644,020521-116-1,6621,4862,527
Accruals and Deferred Income2,355-15,12215,726-45,92046,485-52,176-30,32862,064-179-9,45418,827-89,44458,38543,7986,150
Deferred Taxes & Provisions000000000000000
Cash flow from operations9,448-45,29696,172-140,594130,024-185,981198,401381,98950,454-11,094133,185-93,714273,50644,6898,362
Investing Activities
capital expenditure-1,00800-1,839-1,162-1,450-2,097-2,607-71-2,0160-3,004-1,050-399-593
Change in Investments000000000000000
cash flow from investments-1,00800-1,839-1,162-1,450-2,097-2,607-71-2,0160-3,004-1,050-399-593
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000-10000-10051,667
interest3,45472131451,1301,3414551419-245-308654696
cash flow from financing3,45472131451,1301,3414451419-245-309654651,763
cash and cash equivalents
cash11,895-45,22331,641-142,288129,992-186,09046,279121,6595,318-13,09135,815-97,02772,52144,33656,007
overdraft000000000000000
change in cash11,895-45,22331,641-142,288129,992-186,09046,279121,6595,318-13,09135,815-97,02772,52144,33656,007

noventus partners 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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Noventus Partners Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for noventus partners limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CM4 area or any other competitors across 12 key performance metrics.

noventus partners limited Ownership

NOVENTUS PARTNERS LIMITED group structure

Noventus Partners Limited has no subsidiary companies.

Ultimate parent company

NOVENTUS PARTNERS LIMITED

04318958

NOVENTUS PARTNERS LIMITED Shareholders

mitchell bennett freinberg 50%
thomas justin everard bayne 40%
kristin bayne 10%

noventus partners limited directors

Noventus Partners Limited currently has 2 directors. The longest serving directors include Mr Mitchell Freinberg (Nov 2001) and Mr Thomas Bayne (Jun 2005).

officercountryagestartendrole
Mr Mitchell FreinbergUnited Kingdom73 years Nov 2001- Director
Mr Thomas Bayne62 years Jun 2005- Director

P&L

December 2023

turnover

113.1k

+312%

operating profit

-2.6k

0%

gross margin

38.2%

-57.58%

turnover

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

Balance Sheet

December 2023

net assets

58.9k

+0.01%

total assets

73.6k

+0.05%

cash

71.7k

+0.2%

net assets

Total assets minus all liabilities

noventus partners limited company details

company number

04318958

Type

Private limited with Share Capital

industry

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

incorporation date

November 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

46-54 high street, ingatestone, essex, CM4 9DW

Bank

HSBC BANK PLC

Legal Advisor

-

noventus partners 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 noventus partners limited.

noventus partners 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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noventus partners limited Companies House Filings - See Documents

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