Pomanda estimates the enterprise value of N-ABLE SERVICES LTD at £272.6k based on a Turnover of £965.4k and 0.28x industry multiple (adjusted for size and gross margin).
n-able services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of N-ABLE SERVICES LTD at £0 based on an EBITDA of £-26.7k and a 2.57x industry multiple (adjusted for size and gross margin).
n-able services ltdEstimated Valuation
£867.2k
Pomanda estimates the enterprise value of N-ABLE SERVICES LTD at £867.2k based on Net Assets of £413.5k and 2.1x industry multiple (adjusted for liquidity).
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N-able Services LtdOverview
N-able Services Ltd is a live company located in salford, M50 2ZY with a Companies House number of 04568721. It operates in the other human health activities sector, SIC Code 86900. Founded in October 2002, it's largest shareholder is
frenkel topping group plc
with a 100% stake. N-able Services Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£965.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded N-Able Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
7 Weak
Size
annual sales of £965.4k, make it larger than the average company (£629k)
£965.4k - N-able Services Ltd
£629k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.4%)
-5% - N-able Services Ltd
6.4% - Industry AVG
Production
with a gross margin of 16.3%, this company has a higher cost of product (61.2%)
16.3% - N-able Services Ltd
61.2% - Industry AVG
Profitability
an operating margin of -2.8% make it less profitable than the average company (4.3%)
-2.8% - N-able Services Ltd
4.3% - Industry AVG
Employees
with 19 employees, this is above the industry average (15)
19 - N-able Services Ltd
15 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has a higher pay structure (£26.3k)
£40.2k - N-able Services Ltd
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £50.8k, this is equally as efficient (£47.1k)
£50.8k - N-able Services Ltd
£47.1k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (17 days)
39 days - N-able Services Ltd
17 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (12 days)
8 days - N-able Services Ltd
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - N-able Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 63 weeks, this is less cash available to meet short term requirements (164 weeks)
63 weeks - N-able Services Ltd
164 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (20.7%)
12.5% - N-able Services Ltd
20.7% - Industry AVG
N-ABLE SERVICES LTD financials
EXPORT
N-Able Services Ltd's latest turnover from December 2023 is £965.4 thousand and the company has net assets of £413.5 thousand. According to their latest financial statements, N-Able Services Ltd has 19 employees and maintains cash reserves of £71.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Sep 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
965,415
294,459
762,739
1,187,050
1,125,901
1,006,489
955,187
930,773
817,190
1,600,501
1,353,787
1,503,225
2,074,334
2,818,916
1,639,806
Other Income Or Grants
Cost Of Sales
808,399
242,485
386,359
859,335
824,520
731,070
684,011
646,502
596,035
1,220,604
1,059,498
1,149,302
1,589,870
2,173,810
1,235,117
Gross Profit
157,016
51,974
376,380
327,715
301,381
275,419
271,176
284,270
221,155
379,897
294,290
353,923
484,464
645,106
404,689
Admin Expenses
183,685
45,432
236,988
138,630
209,731
333,518
294,945
260,223
234,852
464,871
338,335
310,670
404,097
450,709
379,746
-128,556
Operating Profit
-26,669
6,542
139,392
189,085
91,650
-58,099
-23,769
24,047
-13,697
-84,974
-44,045
43,253
80,367
194,397
24,943
128,556
Interest Payable
368
479
798
Interest Receivable
1,212
276
124
189
97
365
483
436
193
728
1,046
793
446
225
178
74
Pre-Tax Profit
-25,825
6,339
138,718
189,274
91,747
-57,734
-23,286
24,483
-13,504
-84,246
-42,999
44,045
80,813
194,622
25,121
128,629
Tax
624
-1,669
-26,447
-35,962
-17,432
-4,652
-10,130
-19,395
-50,602
-7,034
-36,016
Profit After Tax
-25,201
4,670
112,271
153,312
74,315
-57,734
-23,286
19,831
-13,504
-84,246
-42,999
33,915
61,418
144,020
18,087
92,613
Dividends Paid
54,000
Retained Profit
-25,201
4,670
58,271
153,312
74,315
-57,734
-23,286
19,831
-13,504
-84,246
-42,999
33,915
61,418
144,020
18,087
92,613
Employee Costs
764,275
230,202
484,333
505,193
560,852
686,210
686,989
618,324
552,700
505,985
455,834
517,470
685,493
956,714
523,406
Number Of Employees
19
23
20
22
25
31
32
29
27
24
21
24
32
45
25
EBITDA*
-26,669
6,659
139,755
190,194
97,949
-51,344
-16,539
25,237
-12,659
-83,887
-40,526
48,093
85,031
197,444
29,055
132,240
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Sep 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
3,999
1,394
1,511
1,874
484
6,782
13,537
2,357
3,547
2,567
3,654
7,525
10,921
11,660
5,230
7,443
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,999
1,394
1,511
1,874
484
6,782
13,537
2,357
3,547
2,567
3,654
7,525
10,921
11,660
5,230
7,443
Stock & work in progress
Trade Debtors
103,698
91,673
254,176
293,267
251,408
202,799
204,642
210,621
176,640
251,128
189,082
232,461
299,010
410,570
264,183
288,415
Group Debtors
47,190
150,000
Misc Debtors
245,707
165,210
17,339
16,417
9,909
14,448
12,491
Cash
71,898
148,788
304,831
232,093
145,684
48,123
49,291
79,538
94,760
59,479
231,833
186,633
130,402
48,187
41,850
29,422
misc current assets
total current assets
468,493
555,671
576,346
525,360
397,092
267,339
263,842
304,607
283,891
310,607
420,915
419,094
429,412
458,757
306,033
317,837
total assets
472,492
557,065
577,857
527,234
397,576
274,121
277,379
306,964
287,438
313,174
424,569
426,619
440,333
470,417
311,263
325,280
Bank overdraft
Bank loan
10,648
10,648
Trade Creditors
19,087
4,444
10,333
115,558
128,466
124,657
6,318
12,725
8,362
89,793
116,908
75,225
122,137
213,639
75,546
83,431
Group/Directors Accounts
2,880
121,819
142,819
other short term finances
hp & lease commitments
other current liabilities
36,714
77,769
94,984
62,580
64,596
69,003
total current liabilities
58,681
92,861
115,965
115,558
128,466
124,657
68,898
77,321
77,365
89,793
116,908
75,225
122,137
213,639
197,365
226,250
loans
25,084
27,442
hp & lease commitments
Accruals and Deferred Income
other liabilities
35,518
46,528
2,478
5,342
provisions
269
377
377
356
92
1,289
2,572
448
709
513
547
1,281
1,998
1,998
660
1,015
total long term liabilities
269
25,461
27,819
35,874
46,620
1,289
2,572
448
709
513
547
1,281
1,998
1,998
3,138
6,357
total liabilities
58,950
118,322
143,784
151,432
175,086
125,946
71,470
77,769
78,074
90,306
117,455
76,506
124,135
215,637
200,503
232,607
net assets
413,542
438,743
434,073
375,802
222,490
148,175
205,909
229,195
209,364
222,868
307,114
350,113
316,198
254,780
110,760
92,673
total shareholders funds
413,542
438,743
434,073
375,802
222,490
148,175
205,909
229,195
209,364
222,868
307,114
350,113
316,198
254,780
110,760
92,673
Dec 2023
Dec 2022
Sep 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
-26,669
6,542
139,392
189,085
91,650
-58,099
-23,769
24,047
-13,697
-84,974
-44,045
43,253
80,367
194,397
24,943
128,556
Depreciation
117
363
1,109
6,299
6,755
7,230
1,190
1,038
1,087
3,519
4,840
4,664
3,047
4,112
3,684
Amortisation
Tax
624
-1,669
-26,447
-35,962
-17,432
-4,652
-10,130
-19,395
-50,602
-7,034
-36,016
Stock
Debtors
-10,288
113,616
-21,752
41,859
32,192
4,665
-10,518
35,938
-61,997
62,046
-43,379
-66,549
-111,560
146,387
-24,232
288,415
Creditors
14,643
-111,114
-105,225
-12,908
3,809
118,339
-6,407
4,363
-81,431
-27,115
41,683
-46,912
-91,502
138,093
-7,885
83,431
Accruals and Deferred Income
-41,055
77,769
94,984
-62,580
-2,016
-4,407
69,003
Deferred Taxes & Provisions
-108
21
21
264
-1,197
-1,283
2,124
-261
196
-34
-734
-717
1,338
-355
1,015
Cash flow from operations
-42,277
-141,950
124,840
99,729
50,937
-1,533
-12,320
-15,658
37,106
-173,082
43,802
56,883
85,694
139,886
38,013
-107,745
Investing Activities
capital expenditure
-2,605
363
-2,499
-1
-18,410
-2,018
352
-1,444
-3,925
-9,477
-1,899
-11,127
Change in Investments
cash flow from investments
-2,605
363
-2,499
-1
-18,410
-2,018
352
-1,444
-3,925
-9,477
-1,899
-11,127
Financing Activities
Bank loans
-10,648
10,648
10,648
Group/Directors Accounts
2,880
-121,819
-21,000
142,819
Other Short Term Loans
Long term loans
-25,084
25,084
27,442
Hire Purchase and Lease Commitments
other long term liabilities
-35,518
-35,518
-11,010
46,528
-2,478
-2,864
5,342
share issue
58,271
60
interest
844
-203
-674
189
97
365
483
436
193
728
1,046
793
446
225
178
74
cash flow from financing
-32,008
58,282
1,898
-10,821
46,625
365
483
436
193
728
1,046
793
446
-124,072
-23,686
148,295
cash and cash equivalents
cash
-76,890
-83,305
72,738
86,409
97,561
-1,168
-30,247
-15,222
35,281
-172,354
45,200
56,231
82,215
6,337
12,428
29,422
overdraft
change in cash
-76,890
-83,305
72,738
86,409
97,561
-1,168
-30,247
-15,222
35,281
-172,354
45,200
56,231
82,215
6,337
12,428
29,422
n-able services ltd 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 n-able services ltd. Get real-time insights into n-able services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for n-able services ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in M50 area or any other competitors across 12 key performance metrics.
n-able services ltd Ownership
N-ABLE SERVICES LTD group structure
N-Able Services Ltd has no subsidiary companies.
Ultimate parent company
N-ABLE SERVICES LTD
04568721
N-ABLE SERVICES LTD Shareholders
The sole shareholder of N-Able Services Ltd is Frenkel Topping Group Plc.
frenkel topping group plc
100%
n-able services ltd directors
N-Able Services Ltd currently has 4 directors.
The longest serving directors include
Mr Richard Fraser (Sep 2022) and
Ms Elaine Cullen-Grant (Sep 2022).
88990 - Other social work activities without accommodation n.e.c.
86900 - Other human health activities
incorporation date
October 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
frenkel house 15 carolina way, salford, M50 2ZY
Bank
-
Legal Advisor
-
n-able services ltd 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 2 charges/mortgages relating to n-able services ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
n-able services ltd 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.
Click to start generating capital raising & share issue transactions for N-ABLE SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
n-able services ltdCompanies House Filings - See Documents
