nep connect limited
nep connect limited Company Information
Company Number
05075598
Website
www.nepconnect.liveRegistered Address
8th floor, blue tower, media city, salford, M50 2ST
Industry
Satellite telecommunications activities
Telephone
01908943330
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
sports information services limited 100%
nep connect limited Estimated Valuation
Pomanda estimates the enterprise value of NEP CONNECT LIMITED at £47.2m based on a Turnover of £32.2m and 1.47x industry multiple (adjusted for size and gross margin).
nep connect limited Estimated Valuation
Pomanda estimates the enterprise value of NEP CONNECT LIMITED at £33m based on an EBITDA of £5.5m and a 5.98x industry multiple (adjusted for size and gross margin).
nep connect limited Estimated Valuation
Pomanda estimates the enterprise value of NEP CONNECT LIMITED at £72.5m based on Net Assets of £26.4m and 2.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nep Connect Limited Overview
Nep Connect Limited is a live company located in salford, M50 2ST with a Companies House number of 05075598. It operates in the satellite telecommunications activities sector, SIC Code 61300. Founded in March 2004, it's largest shareholder is sports information services limited with a 100% stake. Nep Connect Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.2m with healthy growth in recent years.
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Nep Connect Limited Health Check
Pomanda's financial health check has awarded Nep Connect Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £32.2m, make it larger than the average company (£8.1m)
£32.2m - Nep Connect Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (-2.5%)
10% - Nep Connect Limited
-2.5% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (31.3%)
22.1% - Nep Connect Limited
31.3% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (5%)
9.9% - Nep Connect Limited
5% - Industry AVG
Employees
with 86 employees, this is above the industry average (44)
86 - Nep Connect Limited
44 - Industry AVG
Pay Structure
on an average salary of £80.7k, the company has a higher pay structure (£65.2k)
£80.7k - Nep Connect Limited
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £374.8k, this is more efficient (£225.7k)
£374.8k - Nep Connect Limited
£225.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (45 days)
59 days - Nep Connect Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (52 days)
34 days - Nep Connect Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nep Connect Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Nep Connect Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.3%, this is a lower level of debt than the average (65.1%)
23.3% - Nep Connect Limited
65.1% - Industry AVG
NEP CONNECT LIMITED financials
Nep Connect Limited's latest turnover from December 2022 is £32.2 million and the company has net assets of £26.4 million. According to their latest financial statements, Nep Connect Limited has 86 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,233,000 | 32,496,000 | 25,815,000 | 24,292,000 | 33,897,000 | 34,011,000 | 35,315,000 | 31,831,000 | 153,000 | 777,000 | 1,037,000 | 910,000 | 2,715,000 | 764,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 3,194,000 | 3,700,000 | 2,203,000 | 2,655,000 | 2,832,000 | 2,417,000 | 2,780,000 | 3,131,000 | 13,000 | 388,000 | -2,915,000 | 229,000 | -1,495,000 | 88,000 |
| Interest Payable | 0 | 0 | 0 | 1,000 | 101,000 | 203,000 | 408,000 | 480,000 | 0 | 0 | 0 | 0 | 1,000 | 0 |
| Interest Receivable | 698,000 | 472,000 | 318,000 | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 3,892,000 | 4,172,000 | 2,521,000 | 2,702,000 | 2,731,000 | 2,259,000 | 2,397,000 | 3,003,000 | 13,000 | 388,000 | -2,915,000 | 229,000 | -1,496,000 | 88,000 |
| Tax | -641,000 | 9,000 | 298,000 | 366,000 | -621,000 | -380,000 | -696,000 | -10,000 | 24,000 | 0 | -253,000 | -29,000 | 85,000 | -82,000 |
| Profit After Tax | 3,251,000 | 4,181,000 | 2,819,000 | 3,068,000 | 2,110,000 | 1,879,000 | 1,701,000 | 2,993,000 | 37,000 | 388,000 | -3,168,000 | 200,000 | -1,411,000 | 6,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,251,000 | 4,181,000 | 2,819,000 | 3,068,000 | 2,110,000 | 1,879,000 | 1,701,000 | 2,993,000 | 37,000 | 388,000 | -3,168,000 | 200,000 | -1,411,000 | 6,000 |
| Employee Costs | 6,942,000 | 6,747,000 | 6,033,000 | 5,176,000 | 6,849,000 | 6,511,000 | 7,331,000 | 8,379,000 | 0 | 127,000 | 124,000 | 114,000 | 106,000 | 112,000 |
| Number Of Employees | 86 | 86 | 95 | 101 | 105 | 102 | 125 | 143 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* | 5,514,000 | 6,230,000 | 5,047,000 | 4,649,000 | 5,352,000 | 5,688,000 | 6,811,000 | 7,411,000 | 34,000 | 434,000 | -2,847,000 | 292,000 | -1,318,000 | 119,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,918,000 | 6,265,000 | 6,417,000 | 7,573,000 | 7,476,000 | 7,867,000 | 8,792,000 | 10,391,000 | 6,000 | 27,000 | 73,000 | 142,000 | 154,000 | 1,594,000 |
| 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 | 6,918,000 | 6,265,000 | 6,417,000 | 7,573,000 | 7,476,000 | 7,867,000 | 8,792,000 | 10,391,000 | 6,000 | 27,000 | 73,000 | 142,000 | 154,000 | 1,594,000 |
| Stock & work in progress | 0 | 0 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 1,077,000 | 97,000 | 89,000 | 120,000 | 96,000 | 131,000 | 237,000 |
| Trade Debtors | 5,214,000 | 6,027,000 | 5,096,000 | 6,297,000 | 4,308,000 | 3,738,000 | 2,340,000 | 2,498,000 | 10,000 | 47,000 | 71,000 | 82,000 | 87,000 | 156,000 |
| Group Debtors | 20,206,000 | 16,464,000 | 12,561,000 | 5,084,000 | 3,258,000 | 0 | 32,000 | 32,000 | 9,000 | 9,000 | 9,000 | 3,338,000 | 3,227,000 | 101,000 |
| Misc Debtors | 2,071,000 | 2,732,000 | 2,590,000 | 4,112,000 | 2,421,000 | 3,089,000 | 3,551,000 | 5,073,000 | 20,000 | 30,000 | 37,000 | 514,000 | 277,000 | 220,000 |
| Cash | 5,000 | 3,000 | 6,000 | 59,000 | 1,213,000 | 878,000 | 1,186,000 | 1,622,000 | 676,000 | 521,000 | 451,000 | 819,000 | 137,000 | 481,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,496,000 | 25,226,000 | 20,284,000 | 15,583,000 | 11,231,000 | 7,736,000 | 7,140,000 | 10,302,000 | 812,000 | 696,000 | 688,000 | 4,849,000 | 3,859,000 | 1,195,000 |
| total assets | 34,414,000 | 31,491,000 | 26,701,000 | 23,156,000 | 18,707,000 | 15,603,000 | 15,932,000 | 20,693,000 | 818,000 | 723,000 | 761,000 | 4,991,000 | 4,013,000 | 2,789,000 |
| 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 | 2,341,000 | 1,252,000 | 1,259,000 | 1,816,000 | 789,000 | 1,079,000 | 662,000 | 974,000 | 0 | 0 | 0 | 0 | 0 | 1,694,000 |
| Group/Directors Accounts | 1,314,000 | 1,549,000 | 345,000 | 422,000 | 6,000 | 530,000 | 2,218,000 | 1,700,000 | 4,699,000 | 4,581,000 | 4,977,000 | 6,013,000 | 5,121,000 | 785,000 |
| 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 | 0 | 0 | 743,000 | 891,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,337,000 | 5,458,000 | 6,122,000 | 4,762,000 | 4,824,000 | 3,117,000 | 3,083,000 | 2,954,000 | 9,000 | 69,000 | 94,000 | 106,000 | 239,000 | 164,000 |
| total current liabilities | 7,992,000 | 8,259,000 | 7,726,000 | 7,000,000 | 5,619,000 | 4,726,000 | 6,706,000 | 6,519,000 | 4,708,000 | 4,650,000 | 5,071,000 | 6,119,000 | 5,360,000 | 2,643,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 6,729,000 | 6,729,000 | 12,863,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 743,000 | 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 | 15,000 | 76,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 228,000 | 0 | 0 | 0 | 5,000 | 19,000 | 0 | 82,000 |
| total long term liabilities | 15,000 | 76,000 | 0 | 0 | 0 | 6,729,000 | 6,957,000 | 13,606,000 | 0 | 0 | 5,000 | 19,000 | 0 | 82,000 |
| total liabilities | 8,007,000 | 8,335,000 | 7,726,000 | 7,000,000 | 5,619,000 | 11,455,000 | 13,663,000 | 20,125,000 | 4,708,000 | 4,650,000 | 5,076,000 | 6,138,000 | 5,360,000 | 2,725,000 |
| net assets | 26,407,000 | 23,156,000 | 18,975,000 | 16,156,000 | 13,088,000 | 4,148,000 | 2,269,000 | 568,000 | -3,890,000 | -3,927,000 | -4,315,000 | -1,147,000 | -1,347,000 | 64,000 |
| total shareholders funds | 26,407,000 | 23,156,000 | 18,975,000 | 16,156,000 | 13,088,000 | 4,148,000 | 2,269,000 | 568,000 | -3,890,000 | -3,927,000 | -4,315,000 | -1,147,000 | -1,347,000 | 64,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,194,000 | 3,700,000 | 2,203,000 | 2,655,000 | 2,832,000 | 2,417,000 | 2,780,000 | 3,131,000 | 13,000 | 388,000 | -2,915,000 | 229,000 | -1,495,000 | 88,000 |
| Depreciation | 2,320,000 | 2,530,000 | 2,844,000 | 1,994,000 | 2,520,000 | 3,271,000 | 4,031,000 | 4,280,000 | 21,000 | 46,000 | 68,000 | 63,000 | 177,000 | 31,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -641,000 | 9,000 | 298,000 | 366,000 | -621,000 | -380,000 | -696,000 | -10,000 | 24,000 | 0 | -253,000 | -29,000 | 85,000 | -82,000 |
| Stock | 0 | -31,000 | 0 | 0 | 0 | 0 | -1,046,000 | 980,000 | 8,000 | -31,000 | 24,000 | -35,000 | -106,000 | 237,000 |
| Debtors | 2,268,000 | 4,976,000 | 4,754,000 | 8,666,000 | 3,160,000 | 904,000 | -1,680,000 | 7,564,000 | -47,000 | -31,000 | -3,817,000 | 343,000 | 3,114,000 | 477,000 |
| Creditors | 1,089,000 | -7,000 | -557,000 | 737,000 | -290,000 | 417,000 | -312,000 | 974,000 | 0 | 0 | 0 | 0 | -1,694,000 | 1,694,000 |
| Accruals and Deferred Income | -1,121,000 | -664,000 | 1,360,000 | 1,645,000 | 1,707,000 | 34,000 | 129,000 | 2,945,000 | -60,000 | -25,000 | -12,000 | -133,000 | 75,000 | 164,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -228,000 | 228,000 | 0 | 0 | -5,000 | -14,000 | 19,000 | -82,000 | 82,000 |
| Cash flow from operations | 2,573,000 | 623,000 | 1,394,000 | -1,269,000 | 2,988,000 | 4,627,000 | 8,886,000 | 2,776,000 | 37,000 | 466,000 | 667,000 | -159,000 | -5,942,000 | 1,263,000 |
| 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 | -235,000 | 1,204,000 | -77,000 | -108,000 | -524,000 | -1,688,000 | 518,000 | -2,999,000 | 118,000 | -396,000 | -1,036,000 | 892,000 | 4,336,000 | 785,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -6,729,000 | -6,729,000 | 0 | -6,134,000 | 12,863,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -743,000 | -891,000 | 1,634,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -61,000 | 76,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 698,000 | 472,000 | 318,000 | 47,000 | -101,000 | -203,000 | -408,000 | -480,000 | 0 | 0 | 0 | 0 | -1,000 | 0 |
| cash flow from financing | 402,000 | 1,752,000 | 241,000 | 2,150,000 | -524,000 | -2,634,000 | -6,915,000 | 12,483,000 | 118,000 | -396,000 | -1,036,000 | 892,000 | 4,335,000 | 843,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 2,000 | -3,000 | -53,000 | -819,000 | 335,000 | -308,000 | -436,000 | 946,000 | 155,000 | 70,000 | -368,000 | 682,000 | -344,000 | 481,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,000 | -3,000 | -53,000 | -819,000 | 335,000 | -308,000 | -436,000 | 946,000 | 155,000 | 70,000 | -368,000 | 682,000 | -344,000 | 481,000 |
nep connect limited Credit Report and Business Information
Nep Connect Limited Competitor Analysis
Perform a competitor analysis for nep connect limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nep connect limited Ownership
NEP CONNECT LIMITED group structure
Nep Connect Limited has no subsidiary companies.
Ultimate parent company
NEP GROUP HOLDINGS, LP
#0100326
2 parents
NEP CONNECT LIMITED
05075598
nep connect limited directors
Nep Connect Limited currently has 4 directors. The longest serving directors include Mr Stephen Jenkins (Oct 2018) and Mr Christoper Wright (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Jenkins | England | 53 years | Oct 2018 | - | Director |
| Mr Christoper Wright | England | 47 years | Oct 2018 | - | Director |
| Ms Samantha Harrison | England | 53 years | Mar 2019 | - | Director |
| Mr Mike Werteen | England | 61 years | Apr 2022 | - | Director |
P&L
December 2022turnover
32.2m
-1%
operating profit
3.2m
-14%
gross margin
22.2%
-0.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
26.4m
+0.14%
total assets
34.4m
+0.09%
cash
5k
+0.67%
net assets
Total assets minus all liabilities
nep connect limited company details
company number
05075598
Type
Private limited with Share Capital
industry
61300 - Satellite telecommunications activities
incorporation date
March 2004
age
20
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
sis live limited (December 2018)
fatpipe satcom limited (October 2014)
incorporated
UK
address
8th floor, blue tower, media city, salford, M50 2ST
last accounts submitted
December 2022
nep connect 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 nep connect limited.
nep connect limited Companies House Filings - See Documents
| date | description | view/download |
|---|
