Pomanda estimates the enterprise value of NORDIC GEOTHERMAL LIMITED at £251.1k based on a Turnover of £645.6k and 0.39x industry multiple (adjusted for size and gross margin).
nordic geothermal limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORDIC GEOTHERMAL LIMITED at £0 based on an EBITDA of £-127k and a 2.85x industry multiple (adjusted for size and gross margin).
nordic geothermal limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORDIC GEOTHERMAL LIMITED at £0 based on Net Assets of £-477.4k and 2.13x industry multiple (adjusted for liquidity).
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Nordic Geothermal LimitedOverview
Nordic Geothermal Limited is a live company located in solihull, B90 3AD with a Companies House number of 05256769. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2004, it's largest shareholder is
niall gerard maccann
with a 100% stake. Nordic Geothermal Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£645.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Nordic Geothermal Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £645.6k, make it smaller than the average company (£2.6m)
£645.6k - Nordic Geothermal Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (1.2%)
8% - Nordic Geothermal Limited
1.2% - Industry AVG
Production
with a gross margin of 15.5%, this company has a higher cost of product (37%)
15.5% - Nordic Geothermal Limited
37% - Industry AVG
Profitability
an operating margin of -19.7% make it less profitable than the average company (5.5%)
-19.7% - Nordic Geothermal Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
2 - Nordic Geothermal Limited
21 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)
£43.1k - Nordic Geothermal Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £322.8k, this is more efficient (£127.3k)
£322.8k - Nordic Geothermal Limited
£127.3k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (43 days)
45 days - Nordic Geothermal Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 377 days, this is slower than average (35 days)
377 days - Nordic Geothermal Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nordic Geothermal Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nordic Geothermal Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 651%, this is a higher level of debt than the average (63.7%)
651% - Nordic Geothermal Limited
63.7% - Industry AVG
NORDIC GEOTHERMAL LIMITED financials
EXPORT
Nordic Geothermal Limited's latest turnover from October 2021 is estimated at £645.6 thousand and the company has net assets of -£477.4 thousand. According to their latest financial statements, Nordic Geothermal Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
645,648
422,835
470,899
507,067
139,538
119,815
82,834
51,373
81,522
80,000
60,613
30,045
Other Income Or Grants
Cost Of Sales
545,447
351,303
390,717
420,947
115,321
98,616
68,942
42,925
67,920
65,988
49,475
24,178
Gross Profit
100,201
71,532
80,181
86,119
24,217
21,199
13,892
8,448
13,601
14,012
11,138
5,866
Admin Expenses
227,156
197,224
138,316
148,999
43,958
53,929
43,749
-5,830
-23,968
37,651
32,991
22,173
Operating Profit
-126,955
-125,692
-58,135
-62,880
-19,741
-32,730
-29,857
14,278
37,569
-23,639
-21,853
-16,307
Interest Payable
Interest Receivable
4
7
18
51
61
25
Pre-Tax Profit
-126,955
-125,692
-58,135
-62,880
-19,741
-32,730
-29,853
14,285
37,587
-23,588
-21,792
-16,282
Tax
-3,000
-8,645
Profit After Tax
-126,955
-125,692
-58,135
-62,880
-19,741
-32,730
-29,853
11,285
28,942
-23,588
-21,792
-16,282
Dividends Paid
Retained Profit
-126,955
-125,692
-58,135
-62,880
-19,741
-32,730
-29,853
11,285
28,942
-23,588
-21,792
-16,282
Employee Costs
86,215
84,018
83,451
78,735
38,095
38,208
38,086
37,739
37,239
36,830
36,269
35,290
Number Of Employees
2
2
2
2
1
1
1
1
1
1
1
1
EBITDA*
-126,955
-125,692
-58,135
-62,880
-19,741
-29,305
-26,432
14,278
40,994
-23,639
-21,853
-16,307
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
6,000
8,000
3,425
6,850
10,275
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,000
8,000
3,425
6,850
10,275
Stock & work in progress
Trade Debtors
80,650
22,505
49,200
3,040
3,040
3,040
3,040
4,925
100
100
649
Group Debtors
Misc Debtors
Cash
1,549
1,339
5,716
14,548
10,049
misc current assets
total current assets
80,650
22,505
49,200
3,040
3,040
3,040
4,589
6,264
5,816
14,648
10,698
total assets
86,650
30,505
49,200
3,040
3,040
6,465
11,439
16,539
5,816
14,648
10,698
Bank overdraft
Bank loan
Trade Creditors
564,071
380,971
273,974
166,639
106,799
86,958
57,653
32,774
49,159
67,378
52,622
26,880
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
564,071
380,971
273,974
166,639
106,799
86,958
57,653
32,774
49,159
67,378
52,622
26,880
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
564,071
380,971
273,974
166,639
106,799
86,958
57,653
32,774
49,159
67,378
52,622
26,880
net assets
-477,421
-350,466
-224,774
-166,639
-103,759
-83,918
-51,188
-21,335
-32,620
-61,562
-37,974
-16,182
total shareholders funds
-477,421
-350,466
-224,774
-166,639
-103,759
-83,918
-51,188
-21,335
-32,620
-61,562
-37,974
-16,182
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
-126,955
-125,692
-58,135
-62,880
-19,741
-32,730
-29,857
14,278
37,569
-23,639
-21,853
-16,307
Depreciation
3,425
3,425
3,425
Amortisation
Tax
-3,000
-8,645
Stock
Debtors
58,145
-26,695
49,200
-3,040
-1,885
4,825
-549
649
Creditors
183,100
106,997
107,335
59,840
19,841
29,305
24,879
-16,385
-18,219
14,756
25,742
26,880
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-2,000
8,000
100
-1,553
-3,222
9,305
-8,883
4,438
9,924
Investing Activities
capital expenditure
2,000
-8,000
3,425
-13,700
Change in Investments
cash flow from investments
2,000
-8,000
3,425
-13,700
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
4
7
18
51
61
25
cash flow from financing
-100
4
7
18
51
61
125
cash and cash equivalents
cash
-1,549
210
-4,377
-8,832
4,499
10,049
overdraft
change in cash
-1,549
210
-4,377
-8,832
4,499
10,049
nordic geothermal limited 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 nordic geothermal limited. Get real-time insights into nordic geothermal limited's credit score, group structure and payment trends.
Perform a competitor analysis for nordic geothermal limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.
nordic geothermal limited Ownership
NORDIC GEOTHERMAL LIMITED group structure
Nordic Geothermal Limited has no subsidiary companies.
Ultimate parent company
NORDIC GEOTHERMAL LIMITED
05256769
NORDIC GEOTHERMAL LIMITED Shareholders
The sole shareholder of Nordic Geothermal Limited is Niall Gerard Maccann.
niall gerard maccann
100%
nordic geothermal limited directors
Nordic Geothermal Limited currently has 2 directors.
The longest serving directors include
Mr Niall MacCann (Nov 2004) and
Ms Amanda MacCann (Mar 2005).
82990 - Other business support service activities n.e.c.
incorporation date
October 2004
age
21
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2021
previous names
winfirth ltd (December 2004)
accountant
-
auditor
-
address
carleton house, 266-268 stratford road, solihull, west midlands, B90 3AD
Bank
-
Legal Advisor
-
nordic geothermal 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 nordic geothermal limited.
nordic geothermal 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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nordic geothermal limitedCompanies House Filings - See Documents
