specs direct northfield ltd
specs direct northfield ltd Company Information
Group Structure
View All
Industry
Other human health activities
Registered Address
871 bristol road south, northfield, birmingham, B31 2PA
Website
specs-direct.co.ukspecs direct northfield ltd Estimated Valuation
Pomanda estimates the enterprise value of SPECS DIRECT NORTHFIELD LTD at £14.7k based on a Turnover of £37k and 0.4x industry multiple (adjusted for size and gross margin).
specs direct northfield ltd Estimated Valuation
Pomanda estimates the enterprise value of SPECS DIRECT NORTHFIELD LTD at £30.8k based on an EBITDA of £10k and a 3.06x industry multiple (adjusted for size and gross margin).
specs direct northfield ltd Estimated Valuation
Pomanda estimates the enterprise value of SPECS DIRECT NORTHFIELD LTD at £0 based on Net Assets of £-37k and 2.35x industry multiple (adjusted for liquidity).
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Specs Direct Northfield Ltd Overview
Specs Direct Northfield Ltd is a live company located in birmingham, B31 2PA with a Companies House number of 05716539. It operates in the other human health activities sector, SIC Code 86900. Founded in February 2006, it's largest shareholder is mr altaf khalique with a 100% stake. Specs Direct Northfield Ltd is a established, micro sized company, Pomanda has estimated its turnover at £37k with declining growth in recent years.
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Specs Direct Northfield Ltd Health Check
Pomanda's financial health check has awarded Specs Direct Northfield Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £37k, make it smaller than the average company (£638.5k)
- Specs Direct Northfield Ltd
£638.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (7.3%)
- Specs Direct Northfield Ltd
7.3% - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (38.9%)
- Specs Direct Northfield Ltd
38.9% - Industry AVG
Profitability
an operating margin of 27.2% make it more profitable than the average company (5.2%)
- Specs Direct Northfield Ltd
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Specs Direct Northfield Ltd
16 - Industry AVG
Pay Structure
on an average salary of £26k, the company has an equivalent pay structure (£26k)
- Specs Direct Northfield Ltd
£26k - Industry AVG
Efficiency
resulting in sales per employee of £37k, this is less efficient (£48.1k)
- Specs Direct Northfield Ltd
£48.1k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (22 days)
- Specs Direct Northfield Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (18 days)
- Specs Direct Northfield Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Specs Direct Northfield Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Specs Direct Northfield Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 530.6%, this is a higher level of debt than the average (26.3%)
530.6% - Specs Direct Northfield Ltd
26.3% - Industry AVG
SPECS DIRECT NORTHFIELD LTD financials
Specs Direct Northfield Ltd's latest turnover from February 2024 is estimated at £37 thousand and the company has net assets of -£37 thousand. According to their latest financial statements, Specs Direct Northfield Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 132,269 | 115,840 | 97,496 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 45,433 | 35,737 | 29,441 | ||||||||||||
| Gross Profit | 86,836 | 80,103 | 68,055 | ||||||||||||
| Admin Expenses | 86,953 | 75,965 | 65,081 | ||||||||||||
| Operating Profit | -117 | 4,138 | 2,974 | ||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -117 | 4,138 | 2,974 | ||||||||||||
| Tax | -240 | ||||||||||||||
| Profit After Tax | -117 | 4,138 | 2,734 | ||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -117 | 4,138 | 2,734 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 2 | 4 | |||||||||||
| EBITDA* | 3,639 | 5,087 | 4,240 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 201 | 401 | 601 | 801 | 1 | 892 | 1,783 | 2,674 | 3,564 | 4,752 | 6,336 | 8,449 | 11,266 | 2,847 | 3,796 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 201 | 401 | 601 | 801 | 1 | 892 | 1,783 | 2,674 | 3,564 | 4,752 | 6,336 | 8,449 | 11,266 | 2,847 | 3,796 |
| Stock & work in progress | 7,230 | 7,550 | 7,360 | 8,840 | 6,710 | 7,440 | 6,720 | ||||||||
| Trade Debtors | 8,403 | 8,015 | 8,838 | 11,469 | 8,822 | 8,269 | 9,131 | 14,859 | 4,583 | 9,068 | 7,862 | 6,001 | 7,160 | 7,600 | 7,170 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 3,502 | 2,542 | 6,147 | 2,145 | 1,637 | 2,216 | 2,935 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 8,403 | 8,015 | 8,838 | 11,469 | 8,822 | 8,269 | 9,131 | 14,859 | 15,315 | 19,160 | 21,369 | 16,986 | 15,507 | 17,256 | 16,825 |
| total assets | 8,604 | 8,416 | 9,439 | 12,270 | 8,823 | 9,161 | 10,914 | 17,533 | 18,879 | 23,912 | 27,705 | 25,435 | 26,773 | 20,103 | 20,621 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 603 | 4,049 | 4,614 | 9,715 | 41,470 | 26,240 | 4,321 | 1,702 | 5,448 | 5,646 | 6,575 | 10,761 | 5,203 | ||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,532 | 4,406 | |||||||||||||
| total current liabilities | 603 | 4,049 | 4,614 | 9,715 | 41,470 | 26,240 | 4,321 | 1,702 | 5,448 | 5,646 | 6,575 | 10,761 | 7,532 | 5,203 | 4,406 |
| loans | 12,405 | 7,947 | 12,332 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 45,050 | 48,953 | 52,962 | 56,032 | 8,236 | 11,882 | 27,136 | 28,502 | 7,456 | 14,575 | 23,530 | 13,409 | |||
| provisions | |||||||||||||||
| total long term liabilities | 45,050 | 48,953 | 52,962 | 56,032 | 8,236 | 11,882 | 27,136 | 28,502 | 7,456 | 14,575 | 23,530 | 13,409 | 12,405 | 7,947 | 12,332 |
| total liabilities | 45,653 | 53,002 | 57,576 | 65,747 | 49,706 | 38,122 | 31,457 | 30,204 | 12,904 | 20,221 | 30,105 | 24,170 | 19,937 | 13,150 | 16,738 |
| net assets | -37,049 | -44,586 | -48,137 | -53,477 | -40,883 | -28,961 | -20,543 | -12,671 | 5,975 | 3,691 | -2,400 | 1,265 | 6,836 | 6,953 | 3,883 |
| total shareholders funds | -37,049 | -44,586 | -48,137 | -53,477 | -40,883 | -28,961 | -20,543 | -12,671 | 5,975 | 3,691 | -2,400 | 1,265 | 6,836 | 6,953 | 3,883 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -117 | 4,138 | 2,974 | ||||||||||||
| Depreciation | 1,188 | 1,584 | 2,113 | 2,817 | 3,756 | 949 | 1,266 | ||||||||
| Amortisation | |||||||||||||||
| Tax | -240 | ||||||||||||||
| Stock | -7,230 | -320 | 190 | -1,480 | 2,130 | -730 | 720 | 6,720 | |||||||
| Debtors | 388 | -823 | -2,631 | 2,647 | 553 | -862 | -5,728 | 10,276 | -4,485 | 1,206 | 1,861 | -1,159 | -440 | 430 | 7,170 |
| Creditors | -3,446 | -565 | -5,101 | -31,755 | 15,230 | 21,919 | 2,619 | -3,746 | -198 | -929 | -4,186 | 10,761 | -5,203 | 5,203 | |
| Accruals and Deferred Income | -7,532 | 7,532 | -4,406 | 4,406 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 7,138 | 4,734 | -5,484 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -12,405 | 4,458 | -4,385 | 12,332 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -3,903 | -4,009 | -3,070 | 47,796 | -3,646 | -15,254 | -1,366 | 21,046 | -7,119 | -8,955 | 10,121 | 13,409 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 4,458 | -5,453 | 13,481 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,502 | 960 | -3,605 | 4,002 | 508 | -579 | -719 | 2,935 | |||||||
| overdraft | |||||||||||||||
| change in cash | -3,502 | 960 | -3,605 | 4,002 | 508 | -579 | -719 | 2,935 |
specs direct northfield ltd Credit Report and Business Information
Specs Direct Northfield Ltd Competitor Analysis
Perform a competitor analysis for specs direct northfield ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in B31 area or any other competitors across 12 key performance metrics.
specs direct northfield ltd Ownership
SPECS DIRECT NORTHFIELD LTD group structure
Specs Direct Northfield Ltd has no subsidiary companies.
Ultimate parent company
SPECS DIRECT NORTHFIELD LTD
05716539
specs direct northfield ltd directors
Specs Direct Northfield Ltd currently has 1 director, Mr Altaf Khaliq serving since Feb 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Altaf Khaliq | 52 years | Feb 2006 | - | Director |
P&L
February 2024turnover
37k
0%
operating profit
10k
0%
gross margin
22.5%
+3.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-37k
-0.17%
total assets
8.6k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
specs direct northfield ltd company details
company number
05716539
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
February 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
871 bristol road south, northfield, birmingham, B31 2PA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
specs direct northfield 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 did not find charges/mortgages relating to specs direct northfield ltd.
specs direct northfield 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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specs direct northfield ltd Companies House Filings - See Documents
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