nitty gritty.net limited

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nitty gritty.net limited Company Information

Share NITTY GRITTY.NET LIMITED

Company Number

04947163

Directors

Amin Fard

Shareholders

lyon managed services limited

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

2 minster court, london, EC3R 7BB

nitty gritty.net limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NITTY GRITTY.NET LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).

nitty gritty.net limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NITTY GRITTY.NET LIMITED at £0 based on an EBITDA of £-188.6k and a 3.95x industry multiple (adjusted for size and gross margin).

nitty gritty.net limited Estimated Valuation

£17.3k

Pomanda estimates the enterprise value of NITTY GRITTY.NET LIMITED at £17.3k based on Net Assets of £8.1k and 2.13x industry multiple (adjusted for liquidity).

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Nitty Gritty.net Limited Overview

Nitty Gritty.net Limited is a live company located in london, EC3R 7BB with a Companies House number of 04947163. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2003, it's largest shareholder is lyon managed services limited with a 100% stake. Nitty Gritty.net Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Nitty Gritty.net Limited Health Check

Pomanda's financial health check has awarded Nitty Gritty.Net Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Nitty Gritty.net Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Nitty Gritty.net Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (24 weeks)

- - Nitty Gritty.net Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.5%, this is a lower level of debt than the average (60.2%)

- - Nitty Gritty.net Limited

- - Industry AVG

NITTY GRITTY.NET LIMITED financials

EXPORTms excel logo

Nitty Gritty.Net Limited's latest turnover from April 2024 is estimated at 0 and the company has net assets of £8.1 thousand. According to their latest financial statements, we estimate that Nitty Gritty.Net Limited has no employees and maintains cash reserves of £75 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover123,0553,921,7153,093,4443,460,4103,423,9113,396,0992,983,3012,393,5853,883,7063,292,3172,673,5761,958,7121,670,4412,424,701
Other Income Or Grants
Cost Of Sales76,0622,427,8911,949,4402,148,8382,137,8832,125,5041,838,1661,481,2422,459,4062,106,4391,721,4891,226,3151,024,1961,448,163
Gross Profit46,9941,493,8241,144,0041,311,5721,286,0291,270,5951,145,135912,3431,424,3001,185,878952,087732,397646,245976,538
Admin Expenses192,827954,9101,463,3771,531,0131,144,0301,130,1131,229,021866,586637,338931,616996,160823,692717,055718,038884,394-23,169
Operating Profit-192,827-907,91630,447-387,009167,542155,91641,574278,549275,005492,684189,718128,39515,342-71,79392,14423,169
Interest Payable
Interest Receivable1,63218,94617,9161,0031,0266,4146,0071,5778371,1151,4681,038688676766367
Pre-Tax Profit-191,195-888,97048,363-386,006168,568162,33047,581280,126275,841493,799191,186129,43216,030-71,11792,91023,536
Tax-9,189-32,028-30,843-9,040-53,224-55,168-98,760-40,149-29,769-3,847-26,015-6,590
Profit After Tax-191,195-888,97039,174-386,006136,540131,48738,541226,902220,673395,039151,03799,66312,183-71,11766,89516,946
Dividends Paid
Retained Profit-191,195-888,97039,174-386,006136,540131,48738,541226,902220,673395,039151,03799,66312,183-71,11766,89516,946
Employee Costs48,3141,143,2861,163,898924,1931,084,8571,062,918952,385725,9591,066,403905,739744,786552,446471,493705,804
Number Of Employees125272226272519282420151320
EBITDA*-188,607-886,56849,438-370,865212,223252,096179,258439,819432,526558,009201,940140,81227,808-58,336116,38535,827

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets8,44112,66127,25829,64920,40727,33029,04666,214126,925192,35913,38617,1356,21113,95218,22520,118
Intangible Assets53,333133,333213,333293,333373,333
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,44112,66127,25829,64920,40780,663162,379279,547420,258565,69213,38617,1356,21113,95218,22520,118
Stock & work in progress
Trade Debtors7,475659,368514,886614,025641,504534,961545,283375,026510,655394,648288,226209,027185,716308,097129,763
Group Debtors212,715137111
Misc Debtors2,7002,63052,23219,85023,91722,69025,84818,99217,347
Cash7562,086829,503763,0281,242,052809,628900,720701,263560,131109,080336,922250,228164,772110,567159,709146,774
misc current assets
total current assets2,775284,9061,541,1031,297,9011,880,1051,473,8221,461,5291,265,538952,504619,735731,570538,454373,799296,283467,806276,537
total assets11,216297,5671,568,3611,327,5501,900,5121,554,4851,623,9081,545,0851,372,7621,185,427744,956555,589380,010310,235486,031296,655
Bank overdraft
Bank loan
Trade Creditors 30,511328,247142,852158,08885,768264,919104,244163,064467,519459,087420,757344,841287,249391,928269,447
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities3,08767,732151,820135,578307,298170,131191,890312,283308,042
total current liabilities3,08798,243480,067278,430465,386255,899456,809416,527471,106467,519459,087420,757344,841287,249391,928269,447
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions37,000
total long term liabilities37,000
total liabilities3,08798,243480,067278,430465,386255,899456,809416,527471,106504,519459,087420,757344,841287,249391,928269,447
net assets8,129199,3241,088,2941,049,1201,435,1261,298,5861,167,0991,128,558901,656680,908285,869134,83235,16922,98694,10327,208
total shareholders funds8,129199,3241,088,2941,049,1201,435,1261,298,5861,167,0991,128,558901,656680,908285,869134,83235,16922,98694,10327,208
Apr 2024Apr 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-192,827-907,91630,447-387,009167,542155,91641,574278,549275,005492,684189,718128,39515,342-71,79392,14423,169
Depreciation4,22021,34818,99116,14414,68116,18057,68481,27077,52138,65812,22212,41712,46613,45724,24112,658
Amortisation30,00080,00080,00080,00080,00026,667
Tax-9,189-32,028-30,843-9,040-53,224-55,168-98,760-40,149-29,769-3,847-26,015-6,590
Stock
Debtors-220,120-488,780176,727-103,180-26,141103,385-3,466171,902-118,282116,007106,42279,19923,311-122,381178,334129,763
Creditors-30,511-297,736185,395-15,23672,320-179,151160,675-58,820-304,4558,43238,33075,91657,592-104,679122,481269,447
Accruals and Deferred Income-64,645-84,08816,242-171,720137,167-21,759-120,3934,241308,042
Deferred Taxes & Provisions-37,00037,000
Cash flow from operations-63,643-779,61265,159-454,641415,823-83,042213,966160,114462,227388,67493,699107,76058,242-40,63434,517168,921
Investing Activities
capital expenditure-6,751-16,600-25,38615,575-14,464-20,516-20,559-12,087-617,631-8,473-23,341-4,725-9,184-22,348-32,776
Change in Investments
cash flow from investments-6,751-16,600-25,38615,575-14,464-20,516-20,559-12,087-617,631-8,473-23,341-4,725-9,184-22,348-32,776
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue7510,262
interest1,63218,94617,9161,0031,0266,4146,0071,5778371,1151,4681,038688676766367
cash flow from financing1,63218,94617,9161,0031,0266,4146,0071,5779121,1151,4681,03868867676610,629
cash and cash equivalents
cash-62,011-767,41766,475-479,024432,424-91,092199,457141,132451,051-227,84286,69485,45654,205-49,14212,935146,774
overdraft
change in cash-62,011-767,41766,475-479,024432,424-91,092199,457141,132451,051-227,84286,69485,45654,205-49,14212,935146,774

nitty gritty.net 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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Nitty Gritty.net Limited Competitor Analysis

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Perform a competitor analysis for nitty gritty.net limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mature companies, companies in EC3R area or any other competitors across 12 key performance metrics.

nitty gritty.net limited Ownership

NITTY GRITTY.NET LIMITED group structure

Nitty Gritty.Net Limited has no subsidiary companies.

Ultimate parent company

NITTY GRITTY.NET LIMITED

04947163

NITTY GRITTY.NET LIMITED Shareholders

lyon managed services limited 100%

nitty gritty.net limited directors

Nitty Gritty.Net Limited currently has 1 director, Mr Amin Fard serving since Mar 2024.

officercountryagestartendrole
Mr Amin FardEngland43 years Mar 2024- Director

P&L

April 2024

turnover

0

-100%

operating profit

-192.8k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

April 2024

net assets

8.1k

-0.96%

total assets

11.2k

-0.96%

cash

75

-1%

net assets

Total assets minus all liabilities

nitty gritty.net limited company details

company number

04947163

Type

Private limited with Share Capital

industry

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

incorporation date

October 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

2 minster court, london, EC3R 7BB

Bank

-

Legal Advisor

-

nitty gritty.net 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 found 1 charges/mortgages relating to nitty gritty.net limited. Currently there are 1 open charges and 0 have been satisfied in the past.

nitty gritty.net 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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nitty gritty.net limited Companies House Filings - See Documents

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