nijjer spar offlicence limited

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nijjer spar offlicence limited Company Information

Share NIJJER SPAR OFFLICENCE LIMITED

Company Number

05463240

Shareholders

nijjer (holdings) ltd

Group Structure

View All

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

 

Registered Address

2 wheeleys road, edgbaston, birmingham, west midlands, B15 2LD

Website

-

nijjer spar offlicence limited Estimated Valuation

£729.2k

Pomanda estimates the enterprise value of NIJJER SPAR OFFLICENCE LIMITED at £729.2k based on a Turnover of £2.5m and 0.29x industry multiple (adjusted for size and gross margin).

nijjer spar offlicence limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of NIJJER SPAR OFFLICENCE LIMITED at £1.4m based on an EBITDA of £443.1k and a 3.25x industry multiple (adjusted for size and gross margin).

nijjer spar offlicence limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of NIJJER SPAR OFFLICENCE LIMITED at £5.1m based on Net Assets of £1.9m and 2.66x industry multiple (adjusted for liquidity).

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Nijjer Spar Offlicence Limited Overview

Nijjer Spar Offlicence Limited is a live company located in birmingham, B15 2LD with a Companies House number of 05463240. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in May 2005, it's largest shareholder is nijjer (holdings) ltd with a 100% stake. Nijjer Spar Offlicence Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.

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Nijjer Spar Offlicence Limited Health Check

Pomanda's financial health check has awarded Nijjer Spar Offlicence Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £2.5m, make it in line with the average company (£2.7m)

£2.5m - Nijjer Spar Offlicence Limited

£2.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (6.3%)

35% - Nijjer Spar Offlicence Limited

6.3% - Industry AVG

production

Production

with a gross margin of 16.5%, this company has a higher cost of product (23.1%)

16.5% - Nijjer Spar Offlicence Limited

23.1% - Industry AVG

profitability

Profitability

an operating margin of 16.6% make it more profitable than the average company (3.3%)

16.6% - Nijjer Spar Offlicence Limited

3.3% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (25)

5 - Nijjer Spar Offlicence Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.2k, the company has an equivalent pay structure (£17.2k)

£17.2k - Nijjer Spar Offlicence Limited

£17.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £507.1k, this is more efficient (£125.6k)

£507.1k - Nijjer Spar Offlicence Limited

£125.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 126 days, this is later than average (5 days)

126 days - Nijjer Spar Offlicence Limited

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (29 days)

43 days - Nijjer Spar Offlicence Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is less than average (19 days)

8 days - Nijjer Spar Offlicence Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 99 weeks, this is more cash available to meet short term requirements (20 weeks)

99 weeks - Nijjer Spar Offlicence Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (62.4%)

12.5% - Nijjer Spar Offlicence Limited

62.4% - Industry AVG

NIJJER SPAR OFFLICENCE LIMITED financials

EXPORTms excel logo

Nijjer Spar Offlicence Limited's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £1.9 million. According to their latest financial statements, Nijjer Spar Offlicence Limited has 5 employees and maintains cash reserves of £484.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Nov 2010Nov 2009
Turnover2,535,5692,180,664430,5311,039,037389,995325,740306,583436,132550,689670,4901,381,6971,033,8371,454,0251,708,5241,708,993
Other Income Or Grants
Cost Of Sales2,117,4481,828,551357,888879,355324,836273,897256,100362,141461,315564,4581,161,382872,3861,219,3011,425,9071,421,762
Gross Profit418,121352,11372,643159,68265,15951,84350,48373,99189,374106,033220,314161,450234,724282,617287,232
Admin Expenses-3,876-80,809393,957-149,492-104,039-69,10345,896-70,625-116,525-131,306-31,589-20,291182,137224,913199,559-148,159
Operating Profit421,997432,922-321,314309,174169,198120,9464,587144,616205,899237,339251,903181,74152,58757,70487,673148,159
Interest Payable
Interest Receivable18,06010,7552,7822731491,3156321843605424561,3512,4722,4442,017835
Pre-Tax Profit440,057443,677-318,532309,447169,347122,2625,220144,800206,259237,881252,360183,09255,05960,14789,690148,993
Tax-110,014-84,299-58,795-32,176-23,230-992-28,960-41,252-49,955-58,043-43,942-14,315-16,841-25,113-41,718
Profit After Tax330,043359,378-318,532250,652137,17199,0324,228115,840165,007187,926194,317139,15040,74443,30664,577107,275
Dividends Paid
Retained Profit330,043359,378-318,532250,652137,17199,0324,228115,840165,007187,926194,317139,15040,74443,30664,577107,275
Employee Costs85,76365,31480,83889,95877,71080,22876,76943,01452,80663,910116,94981,953118,407156,853156,590
Number Of Employees545655534597101313
EBITDA*443,093456,895-294,558331,427194,736140,01422,005165,093220,175252,276268,331199,92267,80363,191104,804166,353

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Nov 2010Nov 2009
Tangible Assets172,683185,764202,909213,806232,537156,694168,354179,143128,58559,04764,71471,23251,75958,96962,28968,188
Intangible Assets17,33323,83330,33336,83343,33349,83356,33362,83369,33375,83382,33388,83395,333101,833104,000110,500
Investments & Other587,719474,456473,988588,0261,050,887978,465853,391998,631923,847681,266661,299420,027
Debtors (Due After 1 year)
Total Fixed Assets777,735684,053707,230838,6651,326,7571,184,9921,078,0781,240,6071,121,765816,146808,346580,092147,092160,802166,289178,688
Stock & work in progress51,13553,20549,79048,25545,18547,13549,11547,25057,33552,43545,89042,31551,37553,23549,53548,687
Trade Debtors881,032884,210360,7874,7279,4545,2136,5633,9322,1315,367
Group Debtors382,534209,816
Misc Debtors10,9707,47310,0806,90111,69419,226
Cash484,781203,218302,885438,989107,154191,537159,20593,74553,49890,383126,51756,023484,564504,353473,120333,806
misc current assets
total current assets1,416,9481,140,633746,179848,031369,628248,752215,221152,689130,059147,545181,861103,551542,502561,520524,786387,860
total assets2,194,6831,824,6861,453,4091,686,6961,696,3851,433,7441,293,2991,393,2961,251,824963,691990,207683,643689,594722,322691,075566,548
Bank overdraft
Bank loan
Trade Creditors 254,588216,93382,359137,17164,39926,58019,421105,28994,495186,096400,538288,291433,392506,864518,923458,973
Group/Directors Accounts23,078286,962197,958144,078125,37395,570
other short term finances
hp & lease commitments
other current liabilities96,41446,15147,50467,130104,192119,157
total current liabilities254,588216,933201,851137,171397,512272,042230,629334,854309,222186,096400,538288,291433,392506,864518,923458,973
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions19,68117,38220,565
total long term liabilities19,68117,38220,565
total liabilities274,269234,315222,416137,171397,512272,042230,629334,854309,222186,096400,538288,291433,392506,864518,923458,973
net assets1,920,4141,590,3711,230,9931,549,5251,298,8731,161,7021,062,6701,058,442942,602777,595589,669395,352256,202215,458172,152107,575
total shareholders funds1,920,4141,590,3711,230,9931,549,5251,298,8731,161,7021,062,6701,058,442942,602777,595589,669395,352256,202215,458172,152107,575
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Nov 2010Nov 2009
Operating Activities
Operating Profit421,997432,922-321,314309,174169,198120,9464,587144,616205,899237,339251,903181,74152,58757,70487,673148,159
Depreciation14,59617,47320,25622,25319,03812,56810,91813,9777,7768,4379,92811,6818,7163,32010,63111,694
Amortisation6,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5002,1676,5006,500
Tax-110,014-84,299-58,795-32,176-23,230-992-28,960-41,252-49,955-58,043-43,942-14,315-16,841-25,113-41,718
Stock-2,0703,4151,5353,070-1,950-1,9801,865-10,0854,9006,5453,575-9,060-1,8603,70084848,687
Debtors-3,178490,70632,717143,498207,2093,179-4,793-7,53214,499-4,7274,241-1,3502,6311,801-3,2365,367
Creditors37,655134,574-54,81272,77237,8197,159-85,86810,794-91,601-214,442112,247-145,101-73,472-12,05959,950458,973
Accruals and Deferred Income-96,41496,414-46,151-1,353-19,626-37,062-14,965119,157
Deferred Taxes & Provisions2,299-3,18320,565
Cash flow from operations378,281-86,548-266,643152,685-6,233103,118-98,989149,579187,080-13,939314,71921,289-20,75528,790142,029529,554
Investing Activities
capital expenditure-1,515-328-9,3592,978-94,881-908-129-64,535-77,314-2,770-3,410-31,154-1,506-4,732-196,882
Change in Investments113,263468-114,038-462,86172,422125,074-145,24074,784242,58119,967241,272420,027
cash flow from investments-114,778-796104,679465,839-167,303-125,982145,111-139,319-319,895-22,737-244,682-451,181-1,506-4,732-196,882
Financing Activities
Bank loans
Group/Directors Accounts-23,07823,078-286,96289,00453,88018,70529,80395,570
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue300
interest18,06010,7552,7822731491,3156321843605424561,3512,4722,4442,017835
cash flow from financing18,060-12,32325,860-286,68989,15355,19519,33729,98795,9305424561,3512,4722,4442,0171,135
cash and cash equivalents
cash281,563-99,667-136,104331,835-84,38332,33265,46040,247-36,885-36,13470,494-428,541-19,78931,233139,314333,806
overdraft
change in cash281,563-99,667-136,104331,835-84,38332,33265,46040,247-36,885-36,13470,494-428,541-19,78931,233139,314333,806

nijjer spar offlicence 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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Nijjer Spar Offlicence Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nijjer spar offlicence limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B15 area or any other competitors across 12 key performance metrics.

nijjer spar offlicence limited Ownership

NIJJER SPAR OFFLICENCE LIMITED group structure

Nijjer Spar Offlicence Limited has no subsidiary companies.

Ultimate parent company

NIJJER SPAR OFFLICENCE LIMITED

05463240

NIJJER SPAR OFFLICENCE LIMITED Shareholders

nijjer (holdings) ltd 100%

nijjer spar offlicence limited directors

Nijjer Spar Offlicence Limited currently has 2 directors. The longest serving directors include Dalbir Nijjer (Nov 2006) and Mr Kamaldip Nijjer (Jun 2024).

officercountryagestartendrole
Dalbir Nijjer49 years Nov 2006- Director
Mr Kamaldip NijjerUnited Kingdom40 years Jun 2024- Director

P&L

March 2024

turnover

2.5m

+16%

operating profit

422k

0%

gross margin

16.5%

+2.13%

turnover

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

Balance Sheet

March 2024

net assets

1.9m

+0.21%

total assets

2.2m

+0.2%

cash

484.8k

+1.39%

net assets

Total assets minus all liabilities

nijjer spar offlicence limited company details

company number

05463240

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

May 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

quarry bank convenience stores limited (January 2007)

accountant

-

auditor

-

address

2 wheeleys road, edgbaston, birmingham, west midlands, B15 2LD

Bank

-

Legal Advisor

-

nijjer spar offlicence 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 nijjer spar offlicence limited.

nijjer spar offlicence 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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nijjer spar offlicence limited Companies House Filings - See Documents

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