nollywood movies ltd
nollywood movies ltd Company Information
Company Number
05771733
Next Accounts
Feb 2025
Shareholders
world wide opportunities fund
alfred ebiye soroh
View AllGroup Structure
View All
Industry
Motion picture, video and television programme post-production activities
+1Registered Address
atlantic business centre, atlantic street, altrincham, WA14 5NQ
Website
nollywoodmovies.tvnollywood movies ltd Estimated Valuation
Pomanda estimates the enterprise value of NOLLYWOOD MOVIES LTD at £907.9k based on a Turnover of £1.7m and 0.54x industry multiple (adjusted for size and gross margin).
nollywood movies ltd Estimated Valuation
Pomanda estimates the enterprise value of NOLLYWOOD MOVIES LTD at £0 based on an EBITDA of £-72.4k and a 2.4x industry multiple (adjusted for size and gross margin).
nollywood movies ltd Estimated Valuation
Pomanda estimates the enterprise value of NOLLYWOOD MOVIES LTD at £0 based on Net Assets of £-321.8k and 1.65x industry multiple (adjusted for liquidity).
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Nollywood Movies Ltd Overview
Nollywood Movies Ltd is a dissolved company that was located in altrincham, WA14 5NQ with a Companies House number of 05771733. It operated in the motion picture, video and television programme post-production activities sector, SIC Code 59120. Founded in April 2006, it's largest shareholder was world wide opportunities fund with a 35.1% stake. The last turnover for Nollywood Movies Ltd was estimated at £1.7m.
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Nollywood Movies Ltd Health Check
Pomanda's financial health check has awarded Nollywood Movies Ltd 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£2.6m)
- Nollywood Movies Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.8%)
- Nollywood Movies Ltd
6.8% - Industry AVG
Production
with a gross margin of 36.9%, this company has a comparable cost of product (36.9%)
- Nollywood Movies Ltd
36.9% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (6.5%)
- Nollywood Movies Ltd
6.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (22)
8 - Nollywood Movies Ltd
22 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
- Nollywood Movies Ltd
£52k - Industry AVG
Efficiency
resulting in sales per employee of £212k, this is equally as efficient (£218.8k)
- Nollywood Movies Ltd
£218.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (60 days)
- Nollywood Movies Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 182 days, this is slower than average (34 days)
- Nollywood Movies Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nollywood Movies Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Nollywood Movies Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 219.7%, this is a higher level of debt than the average (74.2%)
219.7% - Nollywood Movies Ltd
74.2% - Industry AVG
NOLLYWOOD MOVIES LTD financials
Nollywood Movies Ltd's latest turnover from September 2017 is estimated at £1.7 million and the company has net assets of -£321.8 thousand. According to their latest financial statements, Nollywood Movies Ltd has 8 employees and maintains cash reserves of £6.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 901,523 | 795,416 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 8 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,254 | 3,754 | 12,298 | 25,639 | 34,887 | 35,645 | 20,829 | 5,529 | 4,222 |
| Intangible Assets | 25,845 | 34,460 | 43,075 | 51,690 | 60,305 | 68,920 | 68,920 | 68,920 | 68,920 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,099 | 38,214 | 55,373 | 77,329 | 95,192 | 104,565 | 89,749 | 74,449 | 73,142 |
| Stock & work in progress | 0 | 0 | 8,517 | 17,033 | 17,033 | 0 | 0 | 0 | 0 |
| Trade Debtors | 182,779 | 58,932 | 100,622 | 121,234 | 136,745 | 43,864 | 30,053 | 42,737 | 105,286 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 52,163 | 59,861 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 6,720 | 10,884 | 27,003 | 79,474 | 272,869 | 423,116 | 304,394 | 33,884 | 3,866 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 241,662 | 129,677 | 136,142 | 217,741 | 426,647 | 466,980 | 334,447 | 76,621 | 109,152 |
| total assets | 268,761 | 167,891 | 191,515 | 295,070 | 521,839 | 571,545 | 424,196 | 151,070 | 182,294 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 535,158 | 349,162 | 173,957 | 133,040 | 187,846 | 235,903 | 206,174 | 102,488 | 160,860 |
| Group/Directors Accounts | 25,023 | 31,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,404 | 25,693 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 590,585 | 406,234 | 173,957 | 133,040 | 187,846 | 235,903 | 206,174 | 102,488 | 160,860 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 35,619 | 41,468 | 91,008 | 85,857 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 35,619 | 41,468 | 91,008 | 85,857 |
| total liabilities | 590,585 | 406,234 | 173,957 | 133,040 | 187,846 | 271,522 | 247,642 | 193,496 | 246,717 |
| net assets | -321,824 | -238,343 | 17,558 | 162,030 | 333,993 | 300,023 | 176,554 | -42,426 | -64,423 |
| total shareholders funds | -321,824 | -238,343 | 17,558 | 162,030 | 333,993 | 300,023 | 176,554 | -42,426 | -64,423 |
| Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,500 | 8,544 | 14,216 | 14,753 | 15,562 | 10,228 | 6,944 | 1,845 | 1,896 |
| Amortisation | 8,615 | 8,615 | 8,615 | 8,615 | 8,615 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | -8,517 | -8,516 | 0 | 17,033 | 0 | 0 | 0 | 0 |
| Debtors | 116,149 | 18,171 | -20,612 | -15,511 | 92,881 | 13,811 | -12,684 | -62,549 | 105,286 |
| Creditors | 185,996 | 175,205 | 40,917 | -54,806 | -48,057 | 29,729 | 103,686 | -58,372 | 160,860 |
| Accruals and Deferred Income | 4,711 | 25,693 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -6,356 | 31,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -35,619 | -5,849 | -49,540 | 5,151 | 85,857 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -4,164 | -16,119 | -52,471 | -193,395 | -150,247 | 118,722 | 270,510 | 30,018 | 3,866 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,164 | -16,119 | -52,471 | -193,395 | -150,247 | 118,722 | 270,510 | 30,018 | 3,866 |
nollywood movies ltd Credit Report and Business Information
Nollywood Movies Ltd Competitor Analysis
Perform a competitor analysis for nollywood movies ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in WA14 area or any other competitors across 12 key performance metrics.
nollywood movies ltd Ownership
NOLLYWOOD MOVIES LTD group structure
Nollywood Movies Ltd has no subsidiary companies.
Ultimate parent company
NOLLYWOOD MOVIES LTD
05771733
nollywood movies ltd directors
Nollywood Movies Ltd currently has 3 directors. The longest serving directors include Mr Zarry Winsala (Apr 2006) and Mr Alfred Soroh (Apr 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zarry Winsala | England | 62 years | Apr 2006 | - | Director |
| Mr Alfred Soroh | 59 years | Apr 2006 | - | Director | |
| Yarden Mariuma | 52 years | Oct 2007 | - | Director |
P&L
September 2017turnover
1.7m
+86%
operating profit
-83.5k
0%
gross margin
36.9%
-12.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2017net assets
-321.8k
+0.35%
total assets
268.8k
+0.6%
cash
6.7k
-0.38%
net assets
Total assets minus all liabilities
nollywood movies ltd company details
company number
05771733
Type
Private limited with Share Capital
industry
59120 - Motion picture, video and television programme post-production activities
59131 - Motion picture distribution activities
incorporation date
April 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2017
previous names
N/A
accountant
-
auditor
-
address
atlantic business centre, atlantic street, altrincham, WA14 5NQ
Bank
-
Legal Advisor
-
nollywood movies 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 nollywood movies ltd.
nollywood movies 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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nollywood movies ltd Companies House Filings - See Documents
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