noble travel and money exchange limited
noble travel and money exchange limited Company Information
Company Number
04418682
Website
https://noblemoneyonline.comRegistered Address
198 high street, walthamstow, london, E17 7JH
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Abdul Malik21 Years
Shareholders
zahina bukhari 50%
abdul malik 50%
noble travel and money exchange limited Estimated Valuation
Pomanda estimates the enterprise value of NOBLE TRAVEL AND MONEY EXCHANGE LIMITED at £1.1m based on a Turnover of £681.5k and 1.68x industry multiple (adjusted for size and gross margin).
noble travel and money exchange limited Estimated Valuation
Pomanda estimates the enterprise value of NOBLE TRAVEL AND MONEY EXCHANGE LIMITED at £128.8k based on an EBITDA of £19.4k and a 6.63x industry multiple (adjusted for size and gross margin).
noble travel and money exchange limited Estimated Valuation
Pomanda estimates the enterprise value of NOBLE TRAVEL AND MONEY EXCHANGE LIMITED at £386.8k based on Net Assets of £573k and 0.68x industry multiple (adjusted for liquidity).
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Noble Travel And Money Exchange Limited Overview
Noble Travel And Money Exchange Limited is a live company located in london, E17 7JH with a Companies House number of 04418682. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2002, it's largest shareholder is zahina bukhari with a 50% stake. Noble Travel And Money Exchange Limited is a mature, small sized company, Pomanda has estimated its turnover at £681.5k with declining growth in recent years.
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Noble Travel And Money Exchange Limited Health Check
Pomanda's financial health check has awarded Noble Travel And Money Exchange Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £681.5k, make it smaller than the average company (£4.4m)
£681.5k - Noble Travel And Money Exchange Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (4.1%)
- Noble Travel And Money Exchange Limited
4.1% - Industry AVG
Production
with a gross margin of 74.1%, this company has a lower cost of product (59.5%)
74.1% - Noble Travel And Money Exchange Limited
59.5% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (10.7%)
2.4% - Noble Travel And Money Exchange Limited
10.7% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (14)
12 - Noble Travel And Money Exchange Limited
14 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
- Noble Travel And Money Exchange Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £56.8k, this is less efficient (£210.1k)
£56.8k - Noble Travel And Money Exchange Limited
£210.1k - Industry AVG
Debtor Days
it gets paid by customers after 206 days, this is later than average (31 days)
206 days - Noble Travel And Money Exchange Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Noble Travel And Money Exchange Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Noble Travel And Money Exchange Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (39 weeks)
73 weeks - Noble Travel And Money Exchange Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (57.9%)
28.9% - Noble Travel And Money Exchange Limited
57.9% - Industry AVG
NOBLE TRAVEL AND MONEY EXCHANGE LIMITED financials
Noble Travel And Money Exchange Limited's latest turnover from May 2023 is £681.5 thousand and the company has net assets of £573 thousand. According to their latest financial statements, Noble Travel And Money Exchange Limited has 12 employees and maintains cash reserves of £327.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 681,489 | 695,802 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 176,477 | 227,330 | ||||||||||||
| Gross Profit | 505,012 | 468,472 | ||||||||||||
| Admin Expenses | 488,986 | 503,124 | ||||||||||||
| Operating Profit | 16,026 | -34,652 | ||||||||||||
| Interest Payable | 860 | 561 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 15,166 | -35,213 | ||||||||||||
| Tax | 0 | 0 | ||||||||||||
| Profit After Tax | 15,166 | -35,213 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 15,166 | -35,213 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 12 | 10 | 10 | 7 | 10 | 10 | 5 | |||||||
| EBITDA* | 19,436 | -24,843 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,170 | 42,886 | 51,519 | 66,166 | 29,087 | 29,132 | 35,431 | 45,107 | 55,486 | 23,791 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,397 | 1,747 | 2,183 | 2,729 | 3,411 | 4,264 | 5,330 | 6,662 | 8,328 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,567 | 44,633 | 53,702 | 68,895 | 32,498 | 33,396 | 40,761 | 51,769 | 63,814 | 23,791 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 385,687 | 108,432 | 236,316 | 498,582 | 558,342 | 659,485 | 544,545 | 639,004 | 823,571 | 538,068 | 386,482 | 457,383 | 223,734 | 197,357 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 77,152 | 15,456 | 0 | 0 | 40,501 | 25,585 | 21,123 | 27,876 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 327,063 | 541,155 | 474,448 | 345,381 | 443,552 | 327,132 | 291,916 | 305,782 | 270,494 | 205,977 | 261,493 | 21,727 | 139,859 | 158,389 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 789,902 | 665,043 | 710,764 | 843,963 | 1,042,395 | 1,012,202 | 857,584 | 972,662 | 1,094,065 | 744,045 | 647,975 | 479,110 | 363,593 | 355,746 |
| total assets | 805,469 | 709,676 | 764,466 | 912,858 | 1,074,893 | 1,045,598 | 898,345 | 1,024,431 | 1,157,879 | 767,836 | 647,975 | 479,110 | 363,593 | 355,746 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 844 | 844 | 161,184 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 171,371 | 165,182 | 0 | 0 | 0 | 0 | 332,220 | 161,066 | 143,302 | 209,668 | 159,637 | 214,142 |
| Group/Directors Accounts | 5,077 | 5,077 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 8,032 | 7,457 | 6,882 | 6,882 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 227,344 | 146,717 | 0 | 0 | 363,623 | 342,203 | 232,670 | 67,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 232,421 | 151,794 | 171,371 | 165,182 | 371,655 | 350,504 | 250,396 | 235,196 | 332,220 | 161,066 | 143,302 | 209,668 | 159,637 | 214,142 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 19,196 | 19,196 | 19,196 | 25,128 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 41,495 | 0 | 0 | 0 | 0 | 32,010 | 0 | 25,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 41,495 | 19,196 | 19,196 | 19,196 | 25,128 | 32,010 | 0 | 25,000 | 0 | 0 | 0 |
| total liabilities | 232,421 | 151,794 | 171,371 | 206,677 | 390,851 | 369,700 | 269,592 | 260,324 | 364,230 | 161,066 | 168,302 | 209,668 | 159,637 | 214,142 |
| net assets | 573,048 | 557,882 | 593,095 | 706,181 | 684,042 | 675,898 | 628,753 | 764,107 | 793,649 | 606,770 | 479,673 | 269,442 | 203,956 | 141,604 |
| total shareholders funds | 573,048 | 557,882 | 593,095 | 706,181 | 684,042 | 675,898 | 628,753 | 764,107 | 793,649 | 606,770 | 479,673 | 269,442 | 203,956 | 141,604 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 16,026 | -34,652 | ||||||||||||
| Depreciation | 3,060 | 9,373 | 14,647 | 12,991 | 6,795 | 6,299 | 9,676 | 10,379 | 12,591 | 7,930 | 0 | 0 | 0 | 0 |
| Amortisation | 350 | 436 | 546 | 682 | 853 | 1,066 | 1,332 | 1,666 | 2,082 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 338,951 | -112,428 | -262,266 | -100,261 | -86,227 | 119,402 | -101,212 | -156,691 | 285,503 | 151,586 | -70,901 | 233,649 | 26,377 | 197,357 |
| Creditors | 0 | -171,371 | 6,189 | 165,182 | 0 | 0 | 0 | -332,220 | 171,154 | 17,764 | -66,366 | 50,031 | -54,505 | 214,142 |
| Accruals and Deferred Income | 80,627 | 146,717 | 0 | -363,623 | 21,420 | 109,533 | 165,540 | 67,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -238,888 | 62,931 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 5,077 | 0 | 0 | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -27,228 | 575 | 575 | -5,932 | 32,010 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -41,495 | 41,495 | 0 | 0 | 0 | -32,010 | 32,010 | -25,000 | 25,000 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -860 | -561 | ||||||||||||
| cash flow from financing | -860 | 4,516 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -214,092 | 66,707 | 129,067 | -98,171 | 116,420 | 35,216 | -13,866 | 35,288 | 64,517 | -55,516 | 239,766 | -118,132 | -18,530 | 158,389 |
| overdraft | 0 | 0 | 0 | 0 | -844 | 0 | -160,340 | 161,184 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -214,092 | 66,707 | 129,067 | -98,171 | 117,264 | 35,216 | 146,474 | -125,896 | 64,517 | -55,516 | 239,766 | -118,132 | -18,530 | 158,389 |
noble travel and money exchange limited Credit Report and Business Information
Noble Travel And Money Exchange Limited Competitor Analysis
Perform a competitor analysis for noble travel and money exchange limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in E17 area or any other competitors across 12 key performance metrics.
noble travel and money exchange limited Ownership
NOBLE TRAVEL AND MONEY EXCHANGE LIMITED group structure
Noble Travel And Money Exchange Limited has no subsidiary companies.
Ultimate parent company
NOBLE TRAVEL AND MONEY EXCHANGE LIMITED
04418682
noble travel and money exchange limited directors
Noble Travel And Money Exchange Limited currently has 1 director, Mr Abdul Malik serving since Apr 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abdul Malik | England | 55 years | Apr 2003 | - | Director |
P&L
May 2023turnover
681.5k
-2%
operating profit
16k
-146%
gross margin
74.2%
+10.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
573k
+0.03%
total assets
805.5k
+0.13%
cash
327.1k
-0.4%
net assets
Total assets minus all liabilities
noble travel and money exchange limited company details
company number
04418682
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2002
age
22
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
noble money exchange limited (June 2002)
last accounts submitted
May 2023
address
198 high street, walthamstow, london, E17 7JH
accountant
J R ACCOUNTS
auditor
-
noble travel and money exchange 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 noble travel and money exchange limited.
noble travel and money exchange limited Companies House Filings - See Documents
| date | description | view/download |
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