northco limited
northco limited Company Information
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
61 london road, maidstone, kent, ME16 8TX
Website
www.northco.co.nznorthco limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHCO LIMITED at £759.5k based on a Turnover of £275.9k and 2.75x industry multiple (adjusted for size and gross margin).
northco limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHCO LIMITED at £91.4k based on an EBITDA of £18.7k and a 4.88x industry multiple (adjusted for size and gross margin).
northco limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHCO LIMITED at £883.7k based on Net Assets of £491k and 1.8x industry multiple (adjusted for liquidity).
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Northco Limited Overview
Northco Limited is a live company located in kent, ME16 8TX with a Companies House number of 05008896. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in January 2004, it's largest shareholder is north holdco limited with a 100% stake. Northco Limited is a mature, micro sized company, Pomanda has estimated its turnover at £275.9k with declining growth in recent years.
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Northco Limited Health Check
Pomanda's financial health check has awarded Northco Limited a 3 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £275.9k, make it smaller than the average company (£1.3m)
- Northco Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.1%)
- Northco Limited
4.1% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (64.5%)
- Northco Limited
64.5% - Industry AVG
Profitability
an operating margin of 6.8% make it less profitable than the average company (17.7%)
- Northco Limited
17.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Northco Limited
6 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Northco Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £275.9k, this is more efficient (£163k)
- Northco Limited
£163k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (19 days)
- Northco Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (32 days)
- Northco Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Northco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Northco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.2%, this is a lower level of debt than the average (69.3%)
6.2% - Northco Limited
69.3% - Industry AVG
NORTHCO LIMITED financials
Northco Limited's latest turnover from January 2024 is estimated at £275.9 thousand and the company has net assets of £491 thousand. According to their latest financial statements, we estimate that Northco Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,234 | 7,888 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 47,208 | -47,551 | |||||||||||||
| Interest Payable | 4,529 | 20,356 | |||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 91,775 | -68,057 | |||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 91,775 | -68,057 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 91,775 | -68,057 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | ||||||||||||||
| EBITDA* | 47,208 | -20,322 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 476,639 | 476,639 | 441,639 | 441,639 | 441,639 | 441,639 | 441,639 | 441,639 | 500,000 | 500,000 | 400,000 | 375,000 | 375,000 | 375,000 | 1,360,904 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 764,468 | 405,894 | 405,894 | 372,005 | 374,902 | 373,652 | 433,645 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 476,639 | 476,639 | 441,639 | 441,639 | 441,639 | 441,639 | 441,639 | 441,639 | 1,264,468 | 905,894 | 805,894 | 747,005 | 749,902 | 748,652 | 1,794,549 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 46,716 | 35,229 | 44,791 | 56,879 | 57,837 | 47,709 | 95,552 | 105,826 | 45,649 | 52,582 | 63,482 | 63,882 | 63,482 | 1,150 | |
| Group Debtors | 60,382 | 5,145 | |||||||||||||
| Misc Debtors | 11,172 | ||||||||||||||
| Cash | 76,582 | 113,184 | 93,168 | 62,193 | 45,593 | 19,265 | 898 | ||||||||
| misc current assets | 90 | ||||||||||||||
| total current assets | 46,716 | 35,229 | 44,791 | 56,879 | 57,837 | 47,709 | 95,552 | 105,916 | 122,231 | 165,766 | 156,650 | 126,075 | 109,075 | 79,647 | 18,365 |
| total assets | 523,355 | 511,868 | 486,430 | 498,518 | 499,476 | 489,348 | 537,191 | 547,555 | 1,386,699 | 1,071,660 | 962,544 | 873,080 | 858,977 | 828,299 | 1,812,914 |
| Bank overdraft | 89,433 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 32,396 | 34,951 | 53,425 | 52,789 | 40,417 | 22,742 | 24,682 | 21,291 | 29,219 | 68,112 | 29,118 | 28,303 | 26,859 | 5,528 | |
| Group/Directors Accounts | 8,561 | 1,357 | 185,633 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 24,871 | 2,500 | |||||||||||||
| total current liabilities | 32,396 | 34,951 | 53,425 | 52,789 | 40,417 | 22,742 | 33,243 | 21,291 | 29,219 | 68,112 | 29,118 | 28,303 | 26,859 | 26,228 | 283,094 |
| loans | 684,531 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,800 | 5,600 | |||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,800 | 5,600 | 684,531 | ||||||||||||
| total liabilities | 32,396 | 34,951 | 53,425 | 52,789 | 40,417 | 22,742 | 35,043 | 26,891 | 29,219 | 68,112 | 29,118 | 28,303 | 26,859 | 26,228 | 967,625 |
| net assets | 490,959 | 476,917 | 433,005 | 445,729 | 459,059 | 466,606 | 502,148 | 520,664 | 1,357,480 | 1,003,548 | 933,426 | 844,777 | 832,118 | 802,071 | 845,289 |
| total shareholders funds | 490,959 | 476,917 | 433,005 | 445,729 | 459,059 | 466,606 | 502,148 | 520,664 | 1,357,480 | 1,003,548 | 933,426 | 844,777 | 832,118 | 802,071 | 845,289 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 47,208 | -47,551 | |||||||||||||
| Depreciation | 27,229 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 11,487 | -9,562 | -12,088 | -958 | 10,128 | -47,843 | -10,274 | 60,177 | -6,933 | -10,900 | -400 | 400 | 3,100 | 42,915 | 17,467 |
| Creditors | -2,555 | -18,474 | 636 | 12,372 | 17,675 | -1,940 | 3,391 | -7,928 | -38,893 | 38,994 | 815 | 1,444 | 26,859 | -5,528 | 5,528 |
| Accruals and Deferred Income | -1,800 | -3,800 | 5,600 | -24,871 | 22,371 | 2,500 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -29,761 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -764,468 | 358,574 | 33,889 | -2,897 | 1,250 | -59,993 | 433,645 | ||||||||
| cash flow from investments | -433,645 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -8,561 | 8,561 | -1,357 | -184,276 | 185,633 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -684,531 | 684,531 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -4,529 | -20,356 | |||||||||||||
| cash flow from financing | -1,008,329 | 1,763,154 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -76,582 | -36,602 | 20,016 | 30,975 | 16,600 | 26,328 | 18,367 | 898 | |||||||
| overdraft | -89,433 | 89,433 | |||||||||||||
| change in cash | -76,582 | -36,602 | 20,016 | 30,975 | 16,600 | 26,328 | 107,800 | -88,535 |
northco limited Credit Report and Business Information
Northco Limited Competitor Analysis
Perform a competitor analysis for northco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in ME16 area or any other competitors across 12 key performance metrics.
northco limited Ownership
NORTHCO LIMITED group structure
Northco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
NORTHCO LIMITED
05008896
1 subsidiary
northco limited directors
Northco Limited currently has 1 director, Mr Paul West serving since Jan 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul West | 61 years | Jan 2004 | - | Director |
P&L
January 2024turnover
275.9k
+22%
operating profit
18.7k
0%
gross margin
22%
-6.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
491k
+0.03%
total assets
523.4k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
northco limited company details
company number
05008896
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
January 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
61 london road, maidstone, kent, ME16 8TX
Bank
-
Legal Advisor
-
northco 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 northco limited.
northco 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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northco limited Companies House Filings - See Documents
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