Network 2 Supplies Limited

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network 2 supplies limited Company Information

Live

MatureMidHigh

Company Number

04617783

Website

n2s.co.uk

Registered Address

eldo house kempson way, bury st. edmunds, suffolk, IP32 7AR

Industry

Recovery of sorted materials

Telephone

01284761111

Next Accounts Due

September 2024

Group Structure

View All

Directors

Jack Gomarsall21 Years

Andrew Gomarsall12 Years

View All

Shareholders

n2s global ltd 100%

network 2 supplies limited Estimated Valuation

£3.5m - £7.7m

The estimated valuation range for network 2 supplies limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £3.5m to £7.7m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Network 2 Supplies Limited AI Business Plan

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Network 2 Supplies Limited is a live company located in suffolk, IP32 7AR with a Companies House number of 04617783. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in December 2002, it's largest shareholder is n2s global ltd with a 100% stake. Network 2 Supplies Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.1m with high growth in recent years.

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Pomanda's financial health check has awarded Network 2 Supplies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

3 Regular

4 Weak

Size

annual sales of £12.1m, make it smaller than the average company (£15.6m)

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (10.1%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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NETWORK 2 SUPPLIES LIMITED group structure

Network 2 Supplies Limited has no subsidiary companies.

Ultimate parent company

N2S GLOBAL LIMITED

06407510

1 parent

NETWORK 2 SUPPLIES LIMITED

04617783

NETWORK 2 SUPPLIES LIMITED Shareholders

n2s global ltd

100%

Network 2 Supplies Limited currently has 7 directors. The longest serving directors include Mr Jack Gomarsall (Dec 2002) and Mr Andrew Gomarsall (Aug 2011).

officer	country	age	start	end	role
Mr Jack Gomarsall	United Kingdom	77 years	Dec 2002	-	Director
Mr Andrew Gomarsall	United Kingdom	49 years	Aug 2011	-	Director
Mrs Karen Sparkes	United Kingdom	53 years	Jul 2018	-	Director
Mr Simon Taylor	England	57 years	Mar 2021	-	Director
Mr Nicholas Razey	United Kingdom	62 years	Mar 2021	-	Director
Mr Robert Bolton	United Kingdom	49 years	Apr 2021	-	Director
Mr James Bates	England	46 years	Jan 2024	-	Director

EXPORT

Network 2 Supplies Limited's latest turnover from December 2022 is estimated at £12.1 million and the company has net assets of £1.3 million. According to their latest financial statements, Network 2 Supplies Limited has 106 employees and maintains cash reserves of £470.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	12,100,652	7,760,714	7,828,401	7,132,592	6,106,149	5,627,579	4,329,798	4,001,104	5,221,922	7,869,405	8,218,094	4,875,484	2,374,870	1,038,268
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	9,418,800	5,996,802	6,104,156	5,587,573	4,788,767	4,410,895	3,412,253	3,249,398	4,232,164	6,463,024	6,775,235	3,877,108	1,043,946	591,823
Gross Profit	2,681,851	1,763,912	1,724,245	1,545,019	1,317,382	1,216,684	917,545	751,706	989,758	1,406,381	1,442,859	998,376	1,330,924	446,445
Admin Expenses	2,365,446	1,257,096	1,872,204	1,196,454	1,211,318	908,713	816,528	766,860	1,193,221	1,243,695	1,445,649	912,317	565,403	369,427
Operating Profit	316,405	506,816	-147,959	348,565	106,064	307,971	101,017	-15,154	-203,463	162,686	-2,790	86,059	765,521	77,018
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	6,085	3,416
Interest Receivable	31,322	2,107	423	3,100	2,873	1,987	545	431	1,000	2,319	2,100	1,192	1,198	297
Pre-Tax Profit	347,727	508,923	-147,536	351,665	108,937	309,958	101,561	-14,723	-202,463	165,005	-690	87,251	760,634	73,899
Tax	-66,068	-96,695	0	-66,816	-20,698	-58,892	-20,312	0	0	-37,951	0	-22,685	-226,041	-30,155
Profit After Tax	281,659	412,228	-147,536	284,849	88,239	251,066	81,249	-14,723	-202,463	127,054	-690	64,566	534,593	43,744
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	281,659	412,228	-147,536	284,849	88,239	251,066	81,249	-14,723	-202,463	127,054	-690	64,566	534,593	43,744
Employee Costs	3,879,574	2,826,674	2,144,919	2,123,670	1,690,316	1,568,611	1,349,370	537,014	671,773	757,373	765,405	603,353	426,328	0
Number Of Employees	106	88	67	66	53	52	46	19	23	26	26	20	14	0
EBITDA*	526,569	681,575	-30,625	465,952	205,651	307,971	189,291	88,115	-107,692	250,962	89,034	154,825	825,286	111,798

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	1,094,000	650,570	563,936	454,667	425,720	370,045	420,614	361,342	427,772	275,763	272,041	204,204	179,022	138,040
Intangible Assets	0	0	0	0	0	0	0	0	0	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	1,094,000	650,570	563,936	454,667	425,720	370,045	420,614	361,342	427,772	275,763	272,041	204,204	179,022	138,040
Stock & work in progress	170,978	78,660	210,746	167,379	209,650	160,845	83,775	98,470	134,145	123,670	109,250	43,650	59,000	74,611
Trade Debtors	582,431	523,407	735,089	647,593	508,919	623,039	289,300	469,933	425,144	870,702	716,593	615,408	237,993	226,893
Group Debtors	378,114	377,789	322,689	267,659	212,654	57,654	2,504	2,364	0	0	0	0	0	0
Misc Debtors	499,382	355,884	152,870	186,092	151,116	110,379	104,470	228,036	0	0	0	0	0	9,093
Cash	470,530	1,319,320	366,399	478,675	348,120	418,042	376,757	59,004	113,399	286,444	641,122	198,695	278,274	29,251
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,101,435	2,655,060	1,787,793	1,747,398	1,430,459	1,369,959	856,806	857,807	672,688	1,280,816	1,466,965	857,753	575,267	339,848
total assets	3,195,435	3,305,630	2,351,729	2,202,065	1,856,179	1,740,004	1,277,420	1,219,149	1,100,460	1,556,579	1,739,006	1,061,957	754,289	477,888
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	521,748	497,231	456,569	351,184	363,666	205,781	349,316	427,726	840,466	1,199,554	1,493,346	818,231	574,614	362,326
Group/Directors Accounts	0	0	0	0	0	0	0	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	169,935	90,637	74,486	85,354	85,645	75,115	54,373	40,811	0	0	0	0	0	0
other current liabilities	773,976	1,333,049	779,076	831,582	762,639	925,573	573,582	546,201	0	0	0	0	0	0
total current liabilities	1,465,659	1,920,917	1,310,131	1,268,120	1,211,950	1,206,469	977,271	1,014,738	840,466	1,199,554	1,493,346	818,231	574,614	362,326
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	210,019	103,790	58,461	74,696	76,699	65,656	0	85,913	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	81,667	250,000	0	0	0	89,056	0	115,180	32,347	54,842	49,824	52,975	23,602
provisions	197,221	158,379	104,488	83,064	76,194	64,782	59,062	47,716	59,309	36,710	29,904	32,298	29,662	15,515
total long term liabilities	407,240	343,836	412,949	157,760	152,893	130,438	148,118	133,629	174,489	69,057	84,746	82,122	82,637	39,117
total liabilities	1,872,899	2,264,753	1,723,080	1,425,880	1,364,843	1,336,907	1,125,389	1,148,367	1,014,955	1,268,611	1,578,092	900,353	657,251	401,443
net assets	1,322,536	1,040,877	628,649	776,185	491,336	403,097	152,031	70,782	85,505	287,968	160,914	161,604	97,038	76,445
total shareholders funds	1,322,536	1,040,877	628,649	776,185	491,336	403,097	152,031	70,782	85,505	287,968	160,914	161,604	97,038	76,445

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	316,405	506,816	-147,959	348,565	106,064	307,971	101,017	-15,154	-203,463	162,686	-2,790	86,059	765,521	77,018
Depreciation	210,164	174,759	117,334	117,387	99,587	0	88,274	103,269	95,771	88,276	91,824	68,766	59,765	34,780
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-66,068	-96,695	0	-66,816	-20,698	-58,892	-20,312	0	0	-37,951	0	-22,685	-226,041	-30,155
Stock	92,318	-132,086	43,367	-42,271	48,805	77,070	-14,695	-35,675	10,475	14,420	65,600	-15,350	-15,611	74,611
Debtors	202,847	46,432	109,304	228,655	81,617	394,798	-304,059	275,189	-445,558	154,109	101,185	377,415	2,007	235,986
Creditors	24,517	40,662	105,385	-12,482	157,885	-143,535	-78,410	-412,740	-359,088	-293,792	675,115	243,617	212,288	362,326
Accruals and Deferred Income	-559,073	553,973	-52,506	68,943	-162,934	351,991	27,381	546,201	0	0	0	0	0	0
Deferred Taxes & Provisions	38,842	53,891	21,424	6,870	11,412	5,720	11,346	-11,593	22,599	6,806	-2,394	2,636	14,147	15,515
Cash flow from operations	-330,378	1,319,060	-108,993	276,083	60,894	-8,613	448,050	-29,531	-9,098	-242,504	594,970	16,328	839,284	148,887
Investing Activities
capital expenditure	-653,594	-261,393	-226,603	-146,334	-155,262	50,569	-147,546	-36,839	-247,780	-91,998	-159,661	-93,948	-100,747	-172,820
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-653,594	-261,393	-226,603	-146,334	-155,262	50,569	-147,546	-36,839	-247,780	-91,998	-159,661	-93,948	-100,747	-172,820
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	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	185,527	61,480	-27,103	-2,294	21,573	86,398	-72,351	126,724	0	0	0	0	0	0
other long term liabilities	-81,667	-168,333	250,000	0	0	-89,056	89,056	-115,180	82,833	-22,495	5,018	-3,151	29,373	23,602
share issue	0	0	0	0	0	0	0	0	0	0	0	0	-514,000	32,701
interest	31,322	2,107	423	3,100	2,873	1,987	545	431	1,000	2,319	2,100	1,192	-4,887	-3,119
cash flow from financing	135,182	-104,746	223,320	806	24,446	-671	17,250	11,975	83,833	-20,176	7,118	-1,959	-489,514	53,184
cash and cash equivalents
cash	-848,790	952,921	-112,276	130,555	-69,922	41,285	317,753	-54,395	-173,045	-354,678	442,427	-79,579	249,023	29,251
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-848,790	952,921	-112,276	130,555	-69,922	41,285	317,753	-54,395	-173,045	-354,678	442,427	-79,579	249,023	29,251

P&L

December 2022

turnover

12.1m

+56%

operating profit

316.4k

gross margin

22.2%

-2.49%

turnover

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

Balance Sheet

December 2022

net assets

1.3m

+0.27%

total assets

3.2m

-0.03%

cash

470.5k

-0.64%

net assets

Total assets minus all liabilities

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company number

04617783

Type

Private limited with Share Capital

industry

38320 - Recovery of sorted materials

incorporation date

December 2002

age

accounts

Small Company

ultimate parent company

N2S GLOBAL LIMITED

previous names

N/A

incorporated

address

eldo house kempson way, bury st. edmunds, suffolk, IP32 7AR

last accounts submitted

December 2022

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 1 charges/mortgages relating to network 2 supplies limited. Currently there are 1 open charges and 0 have been satisfied in the past.

network 2 supplies limited Company Information

network 2 supplies limited Estimated Valuation

network 2 supplies limited Estimated Valuation

network 2 supplies limited Estimated Valuation

Network 2 Supplies Limited AI Business Plan

Network 2 Supplies Limited Overview

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NETWORK 2 SUPPLIES LIMITED financials

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