nimej limited

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nimej limited Company Information

Share NIMEJ LIMITED

Company Number

06501771

Shareholders

olatunde wahab sanni

esther oluwatoyin sanni

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 +3

Registered Address

1 blueberry avenue, new moston, manchester, M40 0GE

Website

-

nimej limited Estimated Valuation

£7.9k

Pomanda estimates the enterprise value of NIMEJ LIMITED at £7.9k based on a Turnover of £22.4k and 0.35x industry multiple (adjusted for size and gross margin).

nimej limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NIMEJ LIMITED at £0 based on an EBITDA of £-2.1k and a 3.06x industry multiple (adjusted for size and gross margin).

nimej limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NIMEJ LIMITED at £0 based on Net Assets of £-5.5k and 2.43x industry multiple (adjusted for liquidity).

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Nimej Limited Overview

Nimej Limited is a live company located in manchester, M40 0GE with a Companies House number of 06501771. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in February 2008, it's largest shareholder is olatunde wahab sanni with a 90% stake. Nimej Limited is a established, micro sized company, Pomanda has estimated its turnover at £22.4k with declining growth in recent years.

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Nimej Limited Health Check

Pomanda's financial health check has awarded Nimej Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £22.4k, make it smaller than the average company (£6.8m)

£22.4k - Nimej Limited

£6.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (10%)

-24% - Nimej Limited

10% - Industry AVG

production

Production

with a gross margin of 20.2%, this company has a higher cost of product (36.7%)

20.2% - Nimej Limited

36.7% - Industry AVG

profitability

Profitability

an operating margin of -9.4% make it less profitable than the average company (4.4%)

-9.4% - Nimej Limited

4.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (37)

1 - Nimej Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Nimej Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £22.4k, this is less efficient (£123.5k)

£22.4k - Nimej Limited

£123.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (40 days)

70 days - Nimej Limited

40 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Nimej Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nimej Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Nimej Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 226.7%, this is a higher level of debt than the average (64.4%)

226.7% - Nimej Limited

64.4% - Industry AVG

NIMEJ LIMITED financials

EXPORTms excel logo

Nimej Limited's latest turnover from February 2024 is estimated at £22.4 thousand and the company has net assets of -£5.5 thousand. According to their latest financial statements, we estimate that Nimej Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover22,37236,21942,12350,4692,8502,7382,7622,1163344,7894,427936
Other Income Or Grants
Cost Of Sales17,86328,94634,25941,2312,2902,1782,1821,6552633,6863,356723
Gross Profit4,5097,2737,8649,238561560580461711,1041,072213
Admin Expenses6,6227,7878,2589,465727751760586197-76733131,1342,206199
Operating Profit-2,113-514-394-227-166-191-180-125-12676-73-313-30-1,13414
Interest Payable
Interest Receivable3102114
Pre-Tax Profit-2,113-514-394-227-166-191-180-125-12676-73-310-20-1,11328
Tax-16-8
Profit After Tax-2,113-514-394-227-166-191-180-125-12660-73-310-20-1,11320
Dividends Paid
Retained Profit-2,113-514-394-227-166-191-180-125-12660-73-310-20-1,11320
Employee Costs32,55030,55430,44928,37828,87930,70630,08930,36129,89229,06029,35431,341
Number Of Employees111111111111
EBITDA*-2,113-514-394-227-166-191-180-125-12676-73-313495-609573

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets5251,050
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5251,050
Stock & work in progress
Trade Debtors4,3197,7619,61510,5496451112712
Group Debtors
Misc Debtors
Cash1,3722,7275,485
misc current assets
total current assets4,3197,7619,61510,54964511127121,3722,7275,485
total assets4,3197,7619,61510,54964511127121,3723,2526,535
Bank overdraft
Bank loan
Trade Creditors 2,2302,1031,9781,7142451,8601,8601,860
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,2302,1031,9781,7142451,8601,8601,860
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities9,79111,12012,46013,0001,3235252,3854,555
provisions1,3291,4361,396
total long term liabilities9,79111,12012,46013,0001,3291,4361,3961,3235252,3854,555
total liabilities9,79111,12012,46013,0002,2302,1031,9781,7141,5741,4361,3961,3232,3854,2456,415
net assets-5,472-3,359-2,845-2,451-2,224-2,058-1,867-1,687-1,562-1,436-1,396-1,323-1,013-993120
total shareholders funds-5,472-3,359-2,845-2,451-2,224-2,058-1,867-1,687-1,562-1,436-1,396-1,323-1,013-993120
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-2,113-514-394-227-166-191-180-125-12676-73-313-30-1,13414
Depreciation525525559
Amortisation
Tax-16-8
Stock
Debtors-3,442-1,854-93410,543-39-66841512
Creditors-2,2301271252641,469245-1,8601,860
Accruals and Deferred Income
Deferred Taxes & Provisions-1,329-107401,396
Cash flow from operations1,3291,340540-13,0001001,323-2,173495-6092,425
Investing Activities
capital expenditure-1,609
Change in Investments
cash flow from investments-1,609
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,329-1,340-54013,000-1,323798-1,860-2,1704,555
share issue-100100
interest3102114
cash flow from financing-1,329-1,340-54013,000-100-1,323801-1,850-2,1494,669
cash and cash equivalents
cash-1,372-1,355-2,7585,485
overdraft
change in cash-1,372-1,355-2,7585,485

nimej limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nimej Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nimej limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in M40 area or any other competitors across 12 key performance metrics.

nimej limited Ownership

NIMEJ LIMITED group structure

Nimej Limited has no subsidiary companies.

Ultimate parent company

NIMEJ LIMITED

06501771

NIMEJ LIMITED Shareholders

olatunde wahab sanni 90%
esther oluwatoyin sanni 10%

nimej limited directors

Nimej Limited currently has 2 directors. The longest serving directors include Mr Wahab Sanni (Feb 2008) and Mr Yusuf Sanni (Sep 2024).

officercountryagestartendrole
Mr Wahab Sanni58 years Feb 2008- Director
Mr Yusuf Sanni31 years Sep 2024- Director

P&L

February 2024

turnover

22.4k

-38%

operating profit

-2.1k

0%

gross margin

20.2%

+0.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

-5.5k

+0.63%

total assets

4.3k

-0.44%

cash

0

0%

net assets

Total assets minus all liabilities

nimej limited company details

company number

06501771

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

47290 - Other retail sale of food in specialised stores

56290 - Other food service activities

incorporation date

February 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

1 blueberry avenue, new moston, manchester, M40 0GE

Bank

-

Legal Advisor

-

nimej 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 did not find charges/mortgages relating to nimej limited.

nimej limited 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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nimej limited Companies House Filings - See Documents

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