newable international consulting limited
newable international consulting limited Company Information
Company Number
06397102
Website
www.newable.co.ukRegistered Address
140 aldersgate street, london, EC1A 4HY
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
442072603100
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
newable contracts holdings ltd 100%
newable international consulting limited Estimated Valuation
Pomanda estimates the enterprise value of NEWABLE INTERNATIONAL CONSULTING LIMITED at £19.8m based on a Turnover of £12.5m and 1.59x industry multiple (adjusted for size and gross margin).
newable international consulting limited Estimated Valuation
Pomanda estimates the enterprise value of NEWABLE INTERNATIONAL CONSULTING LIMITED at £6.7m based on an EBITDA of £1m and a 6.4x industry multiple (adjusted for size and gross margin).
newable international consulting limited Estimated Valuation
Pomanda estimates the enterprise value of NEWABLE INTERNATIONAL CONSULTING LIMITED at £2.2m based on Net Assets of £1.1m and 2.01x industry multiple (adjusted for liquidity).
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Newable International Consulting Limited Overview
Newable International Consulting Limited is a live company located in london, EC1A 4HY with a Companies House number of 06397102. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2007, it's largest shareholder is newable contracts holdings ltd with a 100% stake. Newable International Consulting Limited is a established, mid sized company, Pomanda has estimated its turnover at £12.5m with rapid growth in recent years.
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Newable International Consulting Limited Health Check
Pomanda's financial health check has awarded Newable International Consulting Limited a 3.5 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
3 Regular
4 Weak
Size
annual sales of £12.5m, make it larger than the average company (£4m)
£12.5m - Newable International Consulting Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 96%, show it is growing at a faster rate (3.8%)
96% - Newable International Consulting Limited
3.8% - Industry AVG
Production
with a gross margin of 47.8%, this company has a higher cost of product (62.7%)
47.8% - Newable International Consulting Limited
62.7% - Industry AVG
Profitability
an operating margin of 8.4% make it less profitable than the average company (11.2%)
8.4% - Newable International Consulting Limited
11.2% - Industry AVG
Employees
with 70 employees, this is above the industry average (13)
70 - Newable International Consulting Limited
13 - Industry AVG
Pay Structure
on an average salary of £64.5k, the company has an equivalent pay structure (£71.9k)
£64.5k - Newable International Consulting Limited
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £177.9k, this is equally as efficient (£203.5k)
£177.9k - Newable International Consulting Limited
£203.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (30 days)
1 days - Newable International Consulting Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (38 days)
21 days - Newable International Consulting Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newable International Consulting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (39 weeks)
1 weeks - Newable International Consulting Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.4%, this is a similar level of debt than the average (57.1%)
61.4% - Newable International Consulting Limited
57.1% - Industry AVG
NEWABLE INTERNATIONAL CONSULTING LIMITED financials
Newable International Consulting Limited's latest turnover from March 2023 is £12.5 million and the company has net assets of £1.1 million. According to their latest financial statements, Newable International Consulting Limited has 70 employees and maintains cash reserves of £43 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,450,832 | 6,093,810 | 3,303,679 | 1,650,873 | 122,573 | 842,103 | 2,356,597 | 65,000 | 24,228 | 153,086 | 420,487 | 1,096,214 | 2,611,593 | 3,560,882 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 6,506,089 | 1,258,019 | 379,262 | 232,415 | 4,030 | 429,064 | 1,062,457 | 25,200 | 5,075 | 34,749 | 69,252 | 99,986 | 776,741 | 952,267 |
| Gross Profit | 5,944,743 | 4,835,791 | 2,924,417 | 1,418,458 | 118,543 | 413,039 | 1,294,140 | 39,800 | 19,153 | 118,337 | 351,235 | 996,228 | 1,834,852 | 2,608,615 |
| Admin Expenses | 4,899,027 | 4,465,446 | 2,318,580 | 1,395,374 | 95,531 | 750,991 | 1,402,648 | 42,433 | 17,096 | |||||
| Operating Profit | 1,045,716 | 370,345 | 605,837 | 23,084 | 23,012 | -337,952 | -108,508 | -2,633 | 2,057 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 115 | 4 | 23,460 | 28,803 | 0 | 0 | 0 | 18 | 0 |
| Interest Receivable | 0 | 0 | 2 | 1 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 45 | 0 |
| Pre-Tax Profit | 650,690 | 357,646 | 573,247 | 45,095 | -268,406 | -370,435 | -108,512 | -26,093 | -26,746 | -55,752 | -469,192 | -490,045 | -99,871 | 397,319 |
| Tax | 0 | 0 | -3,824 | 3,824 | 0 | -1,158 | 1,158 | 0 | 0 | 0 | 0 | 32,313 | 20,476 | -54,129 |
| Profit After Tax | 650,690 | 357,646 | 569,423 | 48,919 | -268,406 | -371,593 | -107,354 | -26,093 | -26,746 | -55,752 | -469,192 | -457,732 | -79,395 | 343,190 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 650,690 | 357,646 | 569,423 | 48,919 | -268,406 | -371,593 | -107,354 | -26,093 | -26,746 | -55,752 | -469,192 | -457,732 | -79,395 | 343,190 |
| Employee Costs | 4,517,074 | 3,882,929 | 2,280,979 | 911,987 | 225,228 | 455,304 | 1,139,051 | 39,122 | 11,116 | 85,652 | 340,206 | 837,073 | 1,221,078 | 1,558,889 |
| Number Of Employees | 70 | 67 | 58 | 19 | 7 | 10 | 10 | 7 | 2 | 3 | 10 | 23 | ||
| EBITDA* | 1,045,716 | 370,345 | 605,837 | 23,084 | 23,012 | -337,952 | -108,508 | -2,633 | 2,057 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 104,279 | 1,158 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 636,421 | 603,905 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 3,824 | 0 | 104,279 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58,556 | 185,356 |
| Total Fixed Assets | 0 | 0 | 0 | 3,824 | 0 | 104,279 | 637,579 | 603,905 | 0 | 0 | 0 | 0 | 58,556 | 185,356 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 34,766 | 148,099 | 20,865 | 135,652 | 0 | 0 | 166,322 | 0 | 0 | 56,131 | 33,572 | 64,329 | 260,216 | 1,205,023 |
| Group Debtors | 269,901 | 0 | 0 | 44,083 | 200,134 | 122,360 | 666 | 0 | 406,035 | 0 | 1,996 | 0 | 0 | 0 |
| Misc Debtors | 2,464,552 | 2,488,307 | 1,085,497 | 428,416 | 3,761 | 327 | 356,563 | 74,580 | 23,041 | 11,602 | 58,850 | 220,618 | 362,042 | 555,882 |
| Cash | 43,029 | 383,292 | 287,605 | 6,680 | 11,460 | 2,743 | 1,000 | 1,000 | 1,000 | 5,672 | 5,621 | 9,907 | 6,547 | 1,179,551 |
| misc current assets | 0 | 44,444 | 57,143 | 89,735 | 0 | 0 | 0 | 0 | 23,460 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,812,248 | 3,064,142 | 1,451,110 | 704,566 | 283,080 | 125,430 | 524,551 | 75,580 | 453,536 | 73,405 | 100,039 | 294,854 | 628,805 | 2,940,456 |
| total assets | 2,812,248 | 3,064,142 | 1,451,110 | 708,390 | 283,080 | 229,709 | 1,162,130 | 679,485 | 453,536 | 73,405 | 100,039 | 294,854 | 687,361 | 3,125,812 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,039 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 387,098 | 11,030 | 8,696 | 13,304 | 0 | 0 | 74,277 | 0 | 45 | 35,788 | 176 | 166 | 83,039 | 385,596 |
| Group/Directors Accounts | 300,000 | 2,099,780 | 842,665 | 845,635 | 845,924 | 0 | 0 | 604,686 | 216,875 | 186,584 | 560,811 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,040,202 | 724,643 | 728,706 | 517,967 | 184,455 | 708,602 | 1,195,153 | 74,745 | 37,648 | 14,833 | 115,803 | 215,546 | 210,315 | 1,321,158 |
| total current liabilities | 1,727,300 | 2,835,453 | 1,580,067 | 1,376,906 | 1,030,379 | 708,602 | 1,269,430 | 679,431 | 254,568 | 237,205 | 676,790 | 215,712 | 319,393 | 1,706,754 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 555,079 | 86,376 | 273,077 | 104,171 | 1,075,866 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 29,864 | 0 | 0 | 0 | 0 | 892,332 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 29,864 | 0 | 0 | 0 | 0 | 892,332 | 555,079 | 86,376 | 273,077 | 104,171 | 1,075,866 |
| total liabilities | 1,727,300 | 2,835,453 | 1,580,067 | 1,406,770 | 1,030,379 | 708,602 | 1,269,430 | 679,431 | 1,146,900 | 792,284 | 763,166 | 488,789 | 423,564 | 2,782,620 |
| net assets | 1,084,948 | 228,689 | -128,957 | -698,380 | -747,299 | -478,893 | -107,300 | 54 | -693,364 | -718,879 | -663,127 | -193,935 | 263,797 | 343,192 |
| total shareholders funds | 1,084,948 | 228,689 | -128,957 | -698,380 | -747,299 | -478,893 | -107,300 | 54 | -693,364 | -718,879 | -663,127 | -193,935 | 263,797 | 343,192 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,045,716 | 370,345 | 605,837 | 23,084 | 23,012 | -337,952 | -108,508 | -2,633 | 2,057 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | -3,824 | 3,824 | 0 | -1,158 | 1,158 | 0 | 0 | 0 | 0 | 32,313 | 20,476 | -54,129 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 132,813 | 1,530,044 | 498,211 | 404,256 | 81,208 | -400,864 | 448,971 | -354,496 | 361,343 | -26,685 | -190,529 | -395,867 | -1,265,447 | 1,946,261 |
| Creditors | 376,068 | 2,334 | -4,608 | 13,304 | 0 | -74,277 | 74,277 | -45 | -35,743 | 35,612 | 10 | -82,873 | -302,557 | 385,596 |
| Accruals and Deferred Income | 315,559 | -4,063 | 210,739 | 333,512 | -524,147 | -486,551 | 1,120,408 | 37,097 | 22,815 | -100,970 | -99,743 | 5,231 | -1,110,843 | 1,321,158 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,604,530 | -1,161,428 | 309,933 | -30,532 | -582,343 | -499,074 | 638,364 | 388,915 | -372,214 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -3,824 | 3,824 | -104,279 | 104,279 | 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 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,799,780 | 1,257,115 | -2,970 | -289 | 845,924 | 0 | -604,686 | 387,811 | 30,291 | -374,227 | 560,811 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -555,079 | 468,703 | -186,701 | 168,906 | -971,695 | 1,075,866 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -29,864 | 29,864 | 0 | 0 | 0 | -892,332 | 892,332 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 2 | 1 | 1 | -112 | -4 | -23,460 | -28,803 | 0 | 0 | 0 | 27 | 0 |
| cash flow from financing | -1,594,211 | 1,257,115 | -32,832 | 29,576 | 845,925 | -112 | -604,690 | 191,530 | 391,002 | 94,476 | 374,110 | 168,906 | -971,668 | 1,075,868 |
| cash and cash equivalents | ||||||||||||||
| cash | -340,263 | 95,687 | 280,925 | -4,780 | 8,717 | 1,743 | 0 | 0 | -4,672 | 51 | -4,286 | 3,360 | -1,173,004 | 1,179,551 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,039 | 26,039 | 0 |
| change in cash | -340,263 | 95,687 | 280,925 | -4,780 | 8,717 | 1,743 | 0 | 0 | -4,672 | 51 | -4,286 | 29,399 | -1,199,043 | 1,179,551 |
newable international consulting limited Credit Report and Business Information
Newable International Consulting Limited Competitor Analysis
Perform a competitor analysis for newable international consulting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC1A area or any other competitors across 12 key performance metrics.
newable international consulting limited Ownership
NEWABLE INTERNATIONAL CONSULTING LIMITED group structure
Newable International Consulting Limited has 1 subsidiary company.
Ultimate parent company
2 parents
NEWABLE INTERNATIONAL CONSULTING LIMITED
06397102
1 subsidiary
newable international consulting limited directors
Newable International Consulting Limited currently has 4 directors. The longest serving directors include Mr Christopher Manson (Apr 2016) and Ms Ketevan Moseshvili (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Manson | United Kingdom | 57 years | Apr 2016 | - | Director |
| Ms Ketevan Moseshvili | 45 years | May 2018 | - | Director | |
| Mr Malcolm Cohen | England | 65 years | Sep 2018 | - | Director |
| Mr Thomas Webb | England | 41 years | Apr 2024 | - | Director |
P&L
March 2023turnover
12.5m
+104%
operating profit
1m
+182%
gross margin
47.8%
-39.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+3.74%
total assets
2.8m
-0.08%
cash
43k
-0.89%
net assets
Total assets minus all liabilities
newable international consulting limited company details
company number
06397102
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2007
age
17
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
newable consulting limited (March 2018)
gle consulting limited (October 2016)
accountant
-
auditor
-
address
140 aldersgate street, london, EC1A 4HY
Bank
-
Legal Advisor
-
newable international consulting 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 1 charges/mortgages relating to newable international consulting limited. Currently there are 1 open charges and 0 have been satisfied in the past.
newable international consulting limited Companies House Filings - See Documents
| date | description | view/download |
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