nine service ltd
nine service ltd Company Information
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
ellenborough house, wellington street, cheltenham, GL50 1YD
Website
www.ninetelecom.co.uknine service ltd Estimated Valuation
Pomanda estimates the enterprise value of NINE SERVICE LTD at £8.8m based on a Turnover of £11.3m and 0.78x industry multiple (adjusted for size and gross margin).
nine service ltd Estimated Valuation
Pomanda estimates the enterprise value of NINE SERVICE LTD at £502.7k based on an EBITDA of £153.5k and a 3.28x industry multiple (adjusted for size and gross margin).
nine service ltd Estimated Valuation
Pomanda estimates the enterprise value of NINE SERVICE LTD at £0 based on Net Assets of £-3.7m and 2.41x industry multiple (adjusted for liquidity).
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Nine Service Ltd Overview
Nine Service Ltd is a dissolved company that was located in cheltenham, GL50 1YD with a Companies House number of 05578081. It operated in the other telecommunications activities sector, SIC Code 61900. Founded in September 2005, it's largest shareholder was nine telecom group ltd with a 100% stake. The last turnover for Nine Service Ltd was estimated at £11.3m.
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Nine Service Ltd Health Check
Pomanda's financial health check has awarded Nine Service Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £11.3m, make it larger than the average company (£7m)
- Nine Service Ltd
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (5.9%)
- Nine Service Ltd
5.9% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (38.7%)
- Nine Service Ltd
38.7% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (5.3%)
- Nine Service Ltd
5.3% - Industry AVG
Employees
with 27 employees, this is below the industry average (51)
- Nine Service Ltd
51 - Industry AVG
Pay Structure
on an average salary of £53.7k, the company has an equivalent pay structure (£53.7k)
- Nine Service Ltd
£53.7k - Industry AVG
Efficiency
resulting in sales per employee of £417.9k, this is more efficient (£199k)
- Nine Service Ltd
£199k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Nine Service Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 186 days, this is slower than average (47 days)
- Nine Service Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nine Service Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nine Service Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 517.3%, this is a higher level of debt than the average (71.9%)
517.3% - Nine Service Ltd
71.9% - Industry AVG
NINE SERVICE LTD financials
Nine Service Ltd's latest turnover from June 2017 is estimated at £11.3 million and the company has net assets of -£3.7 million. According to their latest financial statements, we estimate that Nine Service Ltd has 27 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 650,000 | 5,636,417 | 8,097,606 | 4,133,151 | 1,846,042 | 4,126,205 | ||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 435,694 | 2,420,877 | 6,271,553 | 2,218,721 | 1,833,173 | 3,795,545 | ||
| Gross Profit | 214,306 | 3,215,540 | 1,826,053 | 1,914,430 | 12,869 | 330,660 | ||
| Admin Expenses | 481,883 | 4,042,693 | 3,001,714 | 2,956,382 | -424,049 | 350,883 | ||
| Operating Profit | -267,577 | -827,153 | -1,175,661 | -1,041,952 | 436,918 | -20,223 | ||
| Interest Payable | 5,846 | 12,398 | 3,027 | 12,870 | 36,882 | |||
| Interest Receivable | ||||||||
| Pre-Tax Profit | -267,577 | -832,999 | -1,348,759 | -1,044,979 | 424,048 | -57,105 | ||
| Tax | -122,122 | 25,337 | 88,066 | |||||
| Profit After Tax | -389,699 | -832,999 | -1,323,422 | -1,044,979 | 424,048 | 30,961 | ||
| Dividends Paid | ||||||||
| Retained Profit | -389,699 | -832,999 | -1,323,422 | -1,044,979 | 424,048 | 30,961 | ||
| Employee Costs | 1,354,447 | 1,353,276 | 1,110,571 | |||||
| Number Of Employees | 38 | 41 | 20 | |||||
| EBITDA* | -94,244 | -551,978 | -871,251 | -672,663 | 436,918 | -20,223 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 175 | 14,345 | ||||||
| Intangible Assets | 880,001 | 2,426,668 | 466,667 | 741,667 | 1,016,667 | 1,000,000 | ||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 880,001 | 2,426,668 | 466,667 | 741,842 | 1,031,012 | 1,000,000 | ||
| Stock & work in progress | 40,861 | 84,222 | 38,904 | |||||
| Trade Debtors | 100,034 | 803,886 | 1,106,001 | 342,369 | 39,559 | 353,240 | 834,968 | |
| Group Debtors | 1,436,990 | 538,410 | 414,830 | 45,838 | 105,303 | |||
| Misc Debtors | 138,045 | 208,512 | 169,727 | 215,897 | 172,995 | 100 | ||
| Cash | 983 | 45,688 | 151,967 | 6,768 | 33,147 | 408 | 2,614 | |
| misc current assets | ||||||||
| total current assets | 101,017 | 1,028,480 | 2,987,692 | 1,096,178 | 703,433 | 572,481 | 942,985 | |
| total assets | 880,001 | 2,527,685 | 1,495,147 | 3,729,534 | 2,127,190 | 1,703,433 | 572,481 | 942,985 |
| Bank overdraft | 2,160 | |||||||
| Bank loan | ||||||||
| Trade Creditors | 4,552,406 | 328,357 | 826,524 | 421,634 | 19,225 | 47,451 | 685,979 | |
| Group/Directors Accounts | 3,142,805 | 2,427,407 | 2,896,994 | 965,498 | 1,676,448 | 763,748 | 706,715 | |
| other short term finances | 154,535 | |||||||
| hp & lease commitments | ||||||||
| other current liabilities | 2,968,519 | 1,805,650 | 2,239,284 | 949,904 | 2,460 | 25,495 | ||
| total current liabilities | 4,552,406 | 6,113,484 | 4,561,414 | 5,962,802 | 2,337,036 | 1,698,133 | 991,229 | 1,392,694 |
| loans | 700,000 | |||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 129,833 | 129,833 | 129,833 | |||||
| provisions | ||||||||
| total long term liabilities | 129,833 | 129,833 | 829,833 | |||||
| total liabilities | 4,552,406 | 6,113,484 | 4,691,247 | 6,092,635 | 3,166,869 | 1,698,133 | 991,229 | 1,392,694 |
| net assets | -3,672,405 | -3,585,799 | -3,196,100 | -2,363,101 | -1,039,679 | 5,300 | -418,748 | -449,709 |
| total shareholders funds | -3,672,405 | -3,585,799 | -3,196,100 | -2,363,101 | -1,039,679 | 5,300 | -418,748 | -449,709 |
| Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -267,577 | -827,153 | -1,175,661 | -1,041,952 | 436,918 | -20,223 | ||
| Depreciation | 175 | 29,410 | 10,956 | |||||
| Amortisation | 240,000 | 173,333 | 275,000 | 275,000 | 358,333 | |||
| Tax | -122,122 | 25,337 | 88,066 | |||||
| Stock | -43,361 | 45,318 | 38,904 | |||||
| Debtors | -100,034 | 100,034 | -1,809,572 | 1,700,997 | 380,220 | 98,213 | -368,298 | 940,371 |
| Creditors | 4,552,406 | -498,167 | 404,890 | 402,409 | -28,226 | -638,528 | 685,979 | |
| Accruals and Deferred Income | -2,968,519 | 2,968,519 | -433,634 | 1,289,380 | 947,444 | -23,035 | 25,495 | |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 2,652,119 | 369,154 | -897,959 | 258,066 | 287,444 | -176,892 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -3,142,805 | 3,142,805 | -469,587 | 1,931,496 | -710,950 | 912,700 | 57,033 | 706,715 |
| Other Short Term Loans | -154,535 | 154,535 | ||||||
| Long term loans | -700,000 | 700,000 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 129,833 | |||||||
| share issue | ||||||||
| interest | -5,846 | -12,398 | -3,027 | -12,870 | -36,882 | |||
| cash flow from financing | -53,295 | -475,433 | 1,219,098 | 115,856 | 745,295 | 174,686 | ||
| cash and cash equivalents | ||||||||
| cash | -983 | 983 | -106,279 | 145,199 | -26,379 | 32,739 | -2,206 | 2,614 |
| overdraft | -2,160 | 2,160 | ||||||
| change in cash | 1,177 | -1,177 | -106,279 | 145,199 | -26,379 | 32,739 | -2,206 | 2,614 |
nine service ltd Credit Report and Business Information
Nine Service Ltd Competitor Analysis
Perform a competitor analysis for nine service ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in GL50 area or any other competitors across 12 key performance metrics.
nine service ltd Ownership
NINE SERVICE LTD group structure
Nine Service Ltd has no subsidiary companies.
Ultimate parent company
NINE SERVICE LTD
05578081
nine service ltd directors
Nine Service Ltd currently has 1 director, Mr Mark Gallie serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Gallie | England | 53 years | May 2017 | - | Director |
P&L
June 2017turnover
11.3m
+1636%
operating profit
-86.5k
0%
gross margin
21.2%
-35.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2017net assets
-3.7m
+0.02%
total assets
880k
-0.65%
cash
0
-1%
net assets
Total assets minus all liabilities
nine service ltd company details
company number
05578081
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
September 2005
age
20
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2017
previous names
nine telecom wholesale limited (August 2011)
accountant
-
auditor
-
address
ellenborough house, wellington street, cheltenham, GL50 1YD
Bank
-
Legal Advisor
-
nine service ltd 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 nine service ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
nine service ltd 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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nine service ltd Companies House Filings - See Documents
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