needham mortgage centre limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of NEEDHAM MORTGAGE CENTRE LIMITED at £2.9m based on a Turnover of £2.1m and 1.38x industry multiple (adjusted for size and gross margin).
needham mortgage centre limitedEstimated Valuation
£712.7k
Pomanda estimates the enterprise value of NEEDHAM MORTGAGE CENTRE LIMITED at £712.7k based on an EBITDA of £111.8k and a 6.37x industry multiple (adjusted for size and gross margin).
needham mortgage centre limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of NEEDHAM MORTGAGE CENTRE LIMITED at £2m based on Net Assets of £571.5k and 3.56x industry multiple (adjusted for liquidity).
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Needham Mortgage Centre LimitedOverview
Needham Mortgage Centre Limited is a live company located in suffolk, IP6 8AP with a Companies House number of 06562405. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in April 2008, it's largest shareholder is
philip david scott
with a 100% stake. Needham Mortgage Centre Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Needham Mortgage Centre 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
Health Rating3.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£6m)
£2.1m - Needham Mortgage Centre Limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (9.7%)
34% - Needham Mortgage Centre Limited
9.7% - Industry AVG
Production
with a gross margin of 28.8%, this company has a comparable cost of product (28.8%)
28.8% - Needham Mortgage Centre Limited
28.8% - Industry AVG
Profitability
an operating margin of 5.2% make it less profitable than the average company (14%)
5.2% - Needham Mortgage Centre Limited
14% - Industry AVG
Employees
with 12 employees, this is above the industry average (5)
12 - Needham Mortgage Centre Limited
5 - Industry AVG
Pay Structure
on an average salary of £54.4k, the company has an equivalent pay structure (£54.4k)
£54.4k - Needham Mortgage Centre Limited
£54.4k - Industry AVG
Efficiency
resulting in sales per employee of £174.1k, this is less efficient (£226.2k)
£174.1k - Needham Mortgage Centre Limited
£226.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Needham Mortgage Centre Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (16 days)
1 days - Needham Mortgage Centre Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Needham Mortgage Centre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 54 weeks, this is more cash available to meet short term requirements (20 weeks)
54 weeks - Needham Mortgage Centre Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.7%, this is a lower level of debt than the average (93.9%)
28.7% - Needham Mortgage Centre Limited
93.9% - Industry AVG
NEEDHAM MORTGAGE CENTRE LIMITED financials
EXPORT
Needham Mortgage Centre Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £571.5 thousand. According to their latest financial statements, Needham Mortgage Centre Limited has 12 employees and maintains cash reserves of £178.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
2,089,077
1,369,999
1,207,032
859,185
893,353
1,185,220
1,157,174
2,483,888
2,341,233
307,348
54,271
63,998
131,744
50,460
13,112
Other Income Or Grants
Cost Of Sales
1,487,444
941,043
681,172
569,662
423,660
547,966
494,561
832,882
852,633
110,398
17,072
19,768
46,663
12,748
4,500
Gross Profit
601,633
428,955
525,860
289,523
469,693
637,254
662,613
1,651,006
1,488,601
196,951
37,199
44,231
85,081
37,712
8,613
Admin Expenses
493,067
502,252
263,969
149,598
484,678
666,627
753,475
1,863,856
1,358,039
7,030
-111,423
-81,550
-44,255
-70,026
-60,507
Operating Profit
108,566
-73,297
261,891
139,925
-14,985
-29,373
-90,862
-212,850
130,562
189,921
148,622
125,781
129,336
107,738
69,120
Interest Payable
15,214
24,576
23,884
15,887
9,804
14,369
10,859
6,386
8,006
9,224
4,875
Interest Receivable
9,355
4,072
607
91
65
460
387
211
169
71
1
2
2
1
Pre-Tax Profit
102,708
-93,800
238,615
124,128
-24,724
-43,283
-101,334
-219,025
122,726
180,767
143,748
125,783
129,338
107,739
69,121
Tax
-25,677
-45,337
-23,584
-24,545
-37,961
-33,062
-30,188
-33,628
-30,167
-19,354
Profit After Tax
77,031
-93,800
193,278
100,544
-24,724
-43,283
-101,334
-219,025
98,181
142,806
110,686
95,595
95,710
77,572
49,767
Dividends Paid
Retained Profit
77,031
-93,800
193,278
100,544
-24,724
-43,283
-101,334
-219,025
98,181
142,806
110,686
95,595
95,710
77,572
49,767
Employee Costs
653,333
576,274
495,635
322,050
367,500
374,013
421,595
728,403
570,935
85,000
43,589
46,214
37,545
31,882
39,042
Number Of Employees
12
11
10
7
7
8
9
14
12
2
1
1
1
1
1
EBITDA*
111,830
-69,105
267,481
146,527
90,114
147,711
83,257
-34,100
310,324
196,941
154,095
128,285
131,537
110,069
71,712
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
9,795
12,579
16,771
19,807
17,800
21,251
17,478
19,421
21,063
21,060
16,419
7,510
6,605
6,729
7,775
Intangible Assets
99,167
269,167
439,167
609,167
779,167
Investments & Other
200,000
200,000
200,000
228,519
228,519
167,984
91,359
Debtors (Due After 1 year)
Total Fixed Assets
9,795
12,579
216,771
219,807
217,800
348,937
515,164
458,588
630,230
800,227
16,419
7,510
6,605
174,713
99,134
Stock & work in progress
Trade Debtors
105,443
6,914
1,902
2,371
4,550
4,292
Group Debtors
Misc Debtors
612,958
642,543
771,822
522,907
264,844
135,028
151,316
158,721
220,431
Cash
178,277
178,118
13,525
148,420
33,152
97,221
25,342
129,541
39,628
28,124
279
193
421
194
139
misc current assets
624,931
386,678
260,103
total current assets
791,235
820,661
785,347
671,327
297,996
232,249
176,658
288,262
260,059
133,567
632,124
388,773
262,895
4,744
4,431
total assets
801,030
833,240
1,002,118
891,134
515,796
581,186
691,822
746,850
890,289
933,794
648,543
396,283
269,500
179,457
103,565
Bank overdraft
41,680
Bank loan
56,611
50,557
63,069
61,208
10,993
19,792
Trade Creditors
6,235
9,993
573
851
1,355
3,229
9,226
20,625
8,300
215,329
56,713
65,139
33,951
39,618
41,298
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
106,659
172,897
85,371
108,565
78,665
71,237
77,883
170,564
86,675
total current liabilities
169,505
233,447
149,013
170,624
91,013
94,258
128,789
191,189
94,975
215,329
56,713
65,139
33,951
39,618
41,298
loans
59,044
104,254
261,643
321,749
126,947
163,712
200,572
91,869
112,497
133,829
150,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
974
1,063
3,186
3,763
3,382
4,038
total long term liabilities
60,018
105,317
264,829
325,512
130,329
167,750
200,572
91,869
112,497
133,829
150,000
total liabilities
229,523
338,764
413,842
496,136
221,342
262,008
329,361
283,058
207,472
349,158
206,713
65,139
33,951
39,618
41,298
net assets
571,507
494,476
588,276
394,998
294,454
319,178
362,461
463,792
682,817
584,636
441,830
331,144
235,549
139,839
62,267
total shareholders funds
571,507
494,476
588,276
394,998
294,454
319,178
362,461
463,792
682,817
584,636
441,830
331,144
235,549
139,839
62,267
Mar 2024
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
108,566
-73,297
261,891
139,925
-14,985
-29,373
-90,862
-212,850
130,562
189,921
148,622
125,781
129,336
107,738
69,120
Depreciation
3,264
4,192
5,590
6,602
5,932
7,084
4,119
8,750
9,762
7,020
5,473
2,504
2,201
2,331
2,592
Amortisation
99,167
170,000
170,000
170,000
170,000
Tax
-25,677
-45,337
-23,584
-24,545
-37,961
-33,062
-30,188
-33,628
-30,167
-19,354
Stock
Debtors
-29,585
-129,279
248,915
258,063
129,816
-16,288
-7,405
-61,710
114,988
98,529
5,012
-469
-2,179
258
4,292
Creditors
-3,758
9,420
-278
-504
-1,874
-5,997
-11,399
12,325
-207,029
158,616
-8,426
31,188
-5,667
-1,680
41,298
Accruals and Deferred Income
-66,238
87,526
-23,194
29,900
7,428
-6,646
-92,681
83,889
86,675
Deferred Taxes & Provisions
-89
-2,123
-577
381
-656
4,038
Cash flow from operations
45,653
154,997
-50,820
-105,343
-34,804
155,394
-13,418
123,824
50,437
219,067
107,595
129,754
94,421
77,964
89,364
Investing Activities
capital expenditure
-480
-2,554
-8,609
-2,481
-10,857
-2,176
-7,108
-9,765
-790,828
-14,382
-3,409
-2,077
-1,285
-10,367
Change in Investments
-200,000
-28,519
228,519
-167,984
76,625
91,359
cash flow from investments
-480
200,000
-2,554
-8,609
26,038
-10,857
-230,695
-7,108
-9,765
-790,828
-14,382
-3,409
165,907
-77,910
-101,726
Financing Activities
Bank loans
6,054
-12,512
1,861
50,215
-8,799
19,792
Group/Directors Accounts
Other Short Term Loans
Long term loans
-45,210
-157,389
-60,106
194,802
-36,765
-36,860
108,703
-20,628
-21,332
-16,171
150,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3
12,500
interest
-5,859
-20,504
-23,277
-15,796
-9,739
-13,909
-10,472
-6,175
-7,837
-9,153
-4,874
2
2
1
cash flow from financing
-45,015
-190,405
-81,522
229,221
-55,303
-30,977
98,234
-26,803
-29,169
-25,324
145,126
2
2
1
12,500
cash and cash equivalents
cash
159
164,593
-134,895
115,268
-64,069
71,879
-104,199
89,913
11,504
27,845
86
-228
227
55
139
overdraft
-41,680
41,680
change in cash
159
164,593
-134,895
115,268
-64,069
113,559
-145,879
89,913
11,504
27,845
86
-228
227
55
139
needham mortgage centre limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for needham mortgage centre limited. Get real-time insights into needham mortgage centre limited's credit score, group structure and payment trends.
Needham Mortgage Centre Limited Competitor Analysis
Perform a competitor analysis for needham mortgage centre limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in IP6 area or any other competitors across 12 key performance metrics.
needham mortgage centre limited Ownership
NEEDHAM MORTGAGE CENTRE LIMITED group structure
Needham Mortgage Centre Limited has no subsidiary companies.
Ultimate parent company
NEEDHAM MORTGAGE CENTRE LIMITED
06562405
NEEDHAM MORTGAGE CENTRE LIMITED Shareholders
The largest shareholders in Needham Mortgage Centre Limited include Philip David Scott and Graham Eric Hodgson.
philip david scott
99.98%
graham eric hodgson
0.01%
rana miah
0.01%
needham mortgage centre limited directors
Needham Mortgage Centre Limited currently has 1 director, Mr Philip Scott serving since Apr 2008.
22-24 high street, needham market, suffolk, IP6 8AP
Bank
-
Legal Advisor
-
needham mortgage centre 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 3 charges/mortgages relating to needham mortgage centre limited. Currently there are 2 open charges and 1 have been satisfied in the past.
needham mortgage centre 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.
Click to start generating capital raising & share issue transactions for NEEDHAM MORTGAGE CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.
needham mortgage centre limitedCompanies House Filings - See Documents
