nvc lighting limited
nvc lighting limited Company Information
Company Number
06264948
Website
www.nvcuk.comRegistered Address
nvc park 201 hollymoor way, rubery, birmingham, england, B31 5HE
Industry
Manufacture of electric lighting equipment
Telephone
01214576340
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
nvc international holdings ltd 100%
nvc lighting limited Estimated Valuation
Pomanda estimates the enterprise value of NVC LIGHTING LIMITED at £14.9m based on a Turnover of £22.6m and 0.66x industry multiple (adjusted for size and gross margin).
nvc lighting limited Estimated Valuation
Pomanda estimates the enterprise value of NVC LIGHTING LIMITED at £671k based on an EBITDA of £140.6k and a 4.77x industry multiple (adjusted for size and gross margin).
nvc lighting limited Estimated Valuation
Pomanda estimates the enterprise value of NVC LIGHTING LIMITED at £370.1k based on Net Assets of £1m and 0.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nvc Lighting Limited Overview
Nvc Lighting Limited is a live company located in birmingham, B31 5HE with a Companies House number of 06264948. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in May 2007, it's largest shareholder is nvc international holdings ltd with a 100% stake. Nvc Lighting Limited is a established, large sized company, Pomanda has estimated its turnover at £22.6m with low growth in recent years.
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Nvc Lighting Limited Health Check
Pomanda's financial health check has awarded Nvc Lighting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 9 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
9 Weak
Size
annual sales of £22.6m, make it larger than the average company (£10.8m)
£22.6m - Nvc Lighting Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (-0.5%)
2% - Nvc Lighting Limited
-0.5% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (33.9%)
20.2% - Nvc Lighting Limited
33.9% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (6.6%)
-0.5% - Nvc Lighting Limited
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (57)
1 - Nvc Lighting Limited
57 - Industry AVG
Pay Structure
on an average salary of £3.3m, the company has a higher pay structure (£45.7k)
£3.3m - Nvc Lighting Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £22.6m, this is more efficient (£168.3k)
£22.6m - Nvc Lighting Limited
£168.3k - Industry AVG
Debtor Days
it gets paid by customers after 108 days, this is later than average (58 days)
108 days - Nvc Lighting Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (33 days)
13 days - Nvc Lighting Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 159 days, this is more than average (103 days)
159 days - Nvc Lighting Limited
103 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Nvc Lighting Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97%, this is a higher level of debt than the average (48.6%)
97% - Nvc Lighting Limited
48.6% - Industry AVG
NVC LIGHTING LIMITED financials
Nvc Lighting Limited's latest turnover from December 2022 is £22.6 million and the company has net assets of £1 million. According to their latest financial statements, Nvc Lighting Limited has 1 employee and maintains cash reserves of £159.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,639,200 | 23,358,296 | 23,070,261 | 21,366,276 | 23,009,121 | 29,287,669 | 32,761,788 | 29,166,494 | 26,873,697 | 22,051,169 | 21,081,277 | 16,982,403 | 11,097,301 | 5,002,570 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,077,613 | 18,059,680 | 18,524,816 | 17,919,741 | 18,257,468 | 25,379,762 | 28,197,961 | 22,747,064 | 21,028,536 | 17,494,876 | 16,652,899 | 13,077,805 | 8,371,713 | 3,990,748 |
| Gross Profit | 4,561,587 | 5,298,616 | 4,545,445 | 3,446,535 | 4,751,653 | 3,907,907 | 4,563,827 | 6,419,430 | 5,845,161 | 4,556,293 | 4,428,378 | 3,904,598 | 2,725,588 | 1,011,822 |
| Admin Expenses | 4,673,531 | 4,356,960 | 4,463,730 | 6,206,189 | 4,835,458 | 5,450,661 | 5,979,325 | 5,550,618 | 5,416,733 | 5,490,215 | 4,646,477 | 3,484,898 | 3,024,113 | 2,141,469 |
| Operating Profit | -111,944 | 941,656 | 81,715 | -2,759,654 | -83,805 | -1,542,754 | -1,415,498 | 868,812 | 428,428 | -933,922 | -218,099 | 419,700 | -298,525 | -1,129,647 |
| Interest Payable | 560,991 | 464,740 | 279,767 | 280,352 | 61,475 | 118,275 | 126,935 | 161,451 | 142,906 | 61,585 | 21,577 | 19,452 | 14,849 | 8,841 |
| Interest Receivable | 0 | 20,830 | 13,209 | 2,112 | 2,345 | 2,370 | 2,355 | 2,152 | 3,844 | 4,001 | 2,150 | 4,881 | 0 | 2,014 |
| Pre-Tax Profit | -332,819 | 497,746 | -184,843 | -3,037,894 | 18,636 | -1,818,970 | -1,426,334 | 642,428 | -574,185 | -563,870 | -237,526 | 405,129 | -313,374 | -1,136,474 |
| Tax | 0 | 556,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -323,545 | -14,656 | 338,201 | 0 | 0 |
| Profit After Tax | -332,819 | 1,054,246 | -184,843 | -3,037,894 | 18,636 | -1,818,970 | -1,426,334 | 642,428 | -574,185 | -887,415 | -252,182 | 743,330 | -313,374 | -1,136,474 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -332,819 | 1,054,246 | -184,843 | -3,037,894 | 18,636 | -1,818,970 | -1,426,334 | 642,428 | -574,185 | -887,415 | -252,182 | 743,330 | -313,374 | -1,136,474 |
| Employee Costs | 3,348,827 | 3,014,343 | 3,503,405 | 3,617,020 | 3,554,439 | 3,748,361 | 4,358,502 | 4,105,374 | 3,845,470 | 3,870,228 | 3,088,609 | 2,451,764 | 1,785,010 | 1,209,182 |
| Number Of Employees | 1 | 64 | 72 | 82 | 92 | 102 | 103 | 105 | 102 | 99 | 81 | 64 | 52 | 30 |
| EBITDA* | 140,625 | 1,207,924 | 353,718 | -2,486,261 | 96,435 | -1,372,175 | -1,187,249 | 1,115,350 | 710,464 | -608,058 | 98,148 | 554,682 | -238,637 | -1,070,884 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,905,820 | 7,813,943 | 7,686,334 | 7,846,239 | 5,158,082 | 5,254,174 | 5,194,193 | 5,327,274 | 5,535,428 | 5,699,771 | 5,961,077 | 5,853,547 | 334,020 | 297,420 |
| Intangible Assets | 50,000 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 272,802 | 272,802 | 17,328 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 13,439 | 50,803 | 49,000 | 61,619 | 69,274 | 0 | 0 | 0 | 0 | 0 | 0 | 130,817 | 130,817 |
| Total Fixed Assets | 8,228,622 | 7,863,943 | 7,736,334 | 7,846,239 | 5,158,082 | 5,254,174 | 5,194,193 | 5,327,274 | 5,535,428 | 5,699,771 | 5,961,077 | 5,853,547 | 334,020 | 297,420 |
| Stock & work in progress | 7,883,778 | 8,495,044 | 8,588,478 | 8,394,845 | 8,484,756 | 9,711,596 | 13,404,959 | 9,870,220 | 11,330,869 | 11,253,666 | 9,559,573 | 8,414,452 | 5,824,848 | 2,222,399 |
| Trade Debtors | 6,759,165 | 8,058,625 | 10,306,217 | 8,659,315 | 8,329,772 | 9,334,253 | 14,266,348 | 11,125,588 | 10,110,078 | 6,838,841 | 7,569,120 | 6,177,938 | 4,021,167 | 2,035,321 |
| Group Debtors | 10,719,297 | 7,536,235 | 2,810,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 520,958 | 220,120 | 990,486 | 442,564 | 434,606 | 310,868 | 1,050,280 | 318,573 | 545,925 | 758,225 | 670,952 | 1,251,124 | 258,727 | 103,009 |
| Cash | 159,436 | 151,173 | 65,442 | 276,970 | 258,053 | 439,480 | 603,991 | 145,244 | 189,617 | 5,155 | 171,782 | 82,829 | 316,680 | 136,194 |
| misc current assets | 0 | 164,684 | 28,087 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,042,634 | 24,625,881 | 22,789,377 | 17,773,694 | 17,507,187 | 19,796,197 | 29,325,578 | 21,459,625 | 22,176,489 | 18,855,887 | 17,971,427 | 15,926,343 | 10,421,422 | 4,496,923 |
| total assets | 34,271,256 | 32,489,824 | 30,525,711 | 25,619,933 | 22,665,269 | 25,050,371 | 34,519,771 | 26,786,899 | 27,711,917 | 24,555,658 | 23,932,504 | 21,779,890 | 10,755,442 | 4,794,343 |
| Bank overdraft | 3,847,460 | 0 | 0 | 0 | 0 | 0 | 0 | 2,303,847 | 4,290,564 | 1,702,252 | 1,415,900 | 151,219 | 0 | 145,922 |
| Bank loan | 0 | 0 | 0 | 2,307,112 | 399,638 | 2,734,208 | 5,564,098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 666,279 | 1,185,458 | 956,491 | 1,485,046 | 719,978 | 1,292,789 | 2,943,232 | 681,231 | 1,009,226 | 1,776,421 | 1,160,826 | 1,068,729 | 666,111 | 561,927 |
| Group/Directors Accounts | 4,982,467 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 4,583,779 | 3,313,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,000 | 12,000 | 28,000 | 42,000 | 0 | 0 | 0 | 0 | 0 | 5,903 | 11,434 | 16,482 | 16,482 | 6,731 |
| other current liabilities | 1,847,443 | 4,333,375 | 4,863,254 | 22,460,633 | 21,880,988 | 21,377,345 | 24,547,442 | 20,910,488 | 23,163,222 | 21,247,992 | 20,627,936 | 19,563,435 | 11,319,672 | 5,031,888 |
| total current liabilities | 11,347,649 | 10,114,612 | 9,161,189 | 26,294,791 | 23,000,604 | 25,404,342 | 33,054,772 | 23,895,566 | 28,463,012 | 24,732,568 | 23,216,096 | 20,799,865 | 12,002,265 | 5,746,468 |
| loans | 0 | 21,401,926 | 20,899,982 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 11,806 | 34,676 | 67,640 | 30,288 |
| hp & lease commitments | 0 | 0 | 11,000 | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | 5,903 | 17,338 | 33,820 | 15,144 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 21,674,659 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 221,009 | 219,684 | 1,012,840 | 906,226 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,895,668 | 21,511,768 | 21,395,402 | 486,113 | 0 | 0 | 0 | 0 | 0 | 0 | 5,903 | 17,338 | 33,820 | 15,144 |
| total liabilities | 33,243,317 | 31,626,380 | 30,556,591 | 26,780,904 | 23,000,604 | 25,404,342 | 33,054,772 | 23,895,566 | 28,463,012 | 24,732,568 | 23,221,999 | 20,817,203 | 12,036,085 | 5,761,612 |
| net assets | 1,027,939 | 863,444 | -30,880 | -1,160,971 | -335,335 | -353,971 | 1,464,999 | 2,891,333 | -751,095 | -176,910 | 710,505 | 962,687 | -1,280,643 | -967,269 |
| total shareholders funds | 1,027,939 | 863,444 | -30,880 | -1,160,971 | -335,335 | -353,971 | 1,464,999 | 2,891,333 | -751,095 | -176,910 | 710,505 | 962,687 | -1,280,643 | -967,269 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -111,944 | 941,656 | 81,715 | -2,759,654 | -83,805 | -1,542,754 | -1,415,498 | 868,812 | 428,428 | -933,922 | -218,099 | 419,700 | -298,525 | -1,129,647 |
| Depreciation | 252,569 | 266,268 | 272,003 | 215,357 | 180,240 | 170,579 | 228,249 | 246,538 | 282,036 | 325,864 | 316,247 | 134,982 | 59,888 | 58,763 |
| Amortisation | 0 | 0 | 0 | 58,036 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 556,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -323,545 | -14,656 | 338,201 | 0 | 0 |
| Stock | -611,266 | -93,434 | 193,633 | -89,911 | -1,226,840 | -3,693,363 | 3,534,739 | -1,460,649 | 77,203 | 1,694,093 | 1,145,121 | 2,589,604 | 3,602,449 | 2,222,399 |
| Debtors | 2,171,001 | 1,670,246 | 5,007,294 | 324,882 | -888,398 | -5,602,233 | 3,872,467 | 788,158 | 3,058,937 | -643,006 | 811,010 | 3,018,351 | 2,141,564 | 2,269,147 |
| Creditors | -519,179 | 228,967 | -528,555 | 765,068 | -572,811 | -1,650,443 | 2,262,001 | -327,995 | -767,195 | 615,595 | 92,097 | 402,618 | 104,184 | 561,927 |
| Accruals and Deferred Income | -2,485,932 | -529,879 | -17,597,379 | 579,645 | 503,643 | -3,170,097 | 3,636,954 | -2,252,734 | 1,915,230 | 620,056 | 1,064,501 | 8,243,763 | 6,287,784 | 5,031,888 |
| Deferred Taxes & Provisions | 1,325 | -793,156 | 106,614 | 906,226 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,422,896 | -906,456 | -22,866,529 | -470,293 | 2,142,505 | 3,102,881 | -2,695,500 | -792,888 | -1,277,641 | -747,039 | -716,041 | 3,931,309 | 409,318 | 31,385 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 255,474 | 17,328 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | -2,307,112 | 1,907,474 | -2,334,570 | -2,829,890 | 5,564,098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,982,467 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -4,583,779 | 1,270,335 | 3,313,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -21,401,926 | 501,944 | 20,833,982 | 66,000 | 0 | 0 | 0 | 0 | 0 | -11,806 | -22,870 | -32,964 | 37,352 | 30,288 |
| Hire Purchase and Lease Commitments | -8,000 | -27,000 | -36,000 | 75,000 | 0 | 0 | 0 | 0 | -5,903 | -11,434 | -16,483 | -16,482 | 28,427 | 21,875 |
| other long term liabilities | 21,674,659 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -560,991 | -443,910 | -266,558 | -278,240 | -59,130 | -115,905 | -124,580 | -159,299 | -139,062 | -57,584 | -19,427 | -14,571 | -14,849 | -6,827 |
| cash flow from financing | 599,744 | 1,141,447 | 22,852,690 | 3,982,492 | -2,393,700 | -2,945,795 | 5,439,518 | 2,840,701 | -144,965 | -80,824 | -58,780 | 1,435,983 | 50,930 | 214,541 |
| cash and cash equivalents | ||||||||||||||
| cash | 8,263 | 85,731 | -211,528 | 18,917 | -181,427 | -164,511 | 458,747 | -44,373 | 184,462 | -166,627 | 88,953 | -233,851 | 180,486 | 136,194 |
| overdraft | 3,847,460 | 0 | 0 | 0 | 0 | 0 | -2,303,847 | -1,986,717 | 2,588,312 | 286,352 | 1,264,681 | 151,219 | -145,922 | 145,922 |
| change in cash | -3,839,197 | 85,731 | -211,528 | 18,917 | -181,427 | -164,511 | 2,762,594 | 1,942,344 | -2,403,850 | -452,979 | -1,175,728 | -385,070 | 326,408 | -9,728 |
nvc lighting limited Credit Report and Business Information
Nvc Lighting Limited Competitor Analysis
Perform a competitor analysis for nvc lighting limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in B31 area or any other competitors across 12 key performance metrics.
nvc lighting limited Ownership
NVC LIGHTING LIMITED group structure
Nvc Lighting Limited has 4 subsidiary companies.
Ultimate parent company
NVC INTERNATIONAL HOLDINGS LTD
#0131433
1 parent
NVC LIGHTING LIMITED
06264948
4 subsidiaries
nvc lighting limited directors
Nvc Lighting Limited currently has 4 directors. The longest serving directors include Mr Joseph Clark (Sep 2019) and Ms Eva Chan (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph Clark | 64 years | Sep 2019 | - | Director | |
| Ms Eva Chan | United Kingdom | 56 years | Sep 2019 | - | Director |
| Mr Andrew Pagett | 58 years | Feb 2022 | - | Director | |
| Mr Neil Clydesdale | 52 years | Feb 2024 | - | Director |
P&L
December 2022turnover
22.6m
-3%
operating profit
-111.9k
-112%
gross margin
20.2%
-11.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1m
+0.19%
total assets
34.3m
+0.05%
cash
159.4k
+0.05%
net assets
Total assets minus all liabilities
Similar Companies
nvc lighting limited company details
company number
06264948
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
incorporation date
May 2007
age
17
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
nvc (manufacturing) limited (December 2011)
last accounts submitted
December 2022
address
nvc park 201 hollymoor way, rubery, birmingham, england, B31 5HE
accountant
-
auditor
RSM UK AUDIT LLP
nvc lighting 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 found 7 charges/mortgages relating to nvc lighting limited. Currently there are 3 open charges and 4 have been satisfied in the past.
nvc lighting limited Companies House Filings - See Documents
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