Pomanda estimates the enterprise value of SIMPLY NORWEGIAN LIMITED at £862 based on a Turnover of £1.1k and 0.79x industry multiple (adjusted for size and gross margin).
simply norwegian limitedEstimated Valuation
£8.9k
Pomanda estimates the enterprise value of SIMPLY NORWEGIAN LIMITED at £8.9k based on an EBITDA of £2.1k and a 4.28x industry multiple (adjusted for size and gross margin).
simply norwegian limitedEstimated Valuation
£47.8k
Pomanda estimates the enterprise value of SIMPLY NORWEGIAN LIMITED at £47.8k based on Net Assets of £19.8k and 2.41x industry multiple (adjusted for liquidity).
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Simply Norwegian LimitedOverview
Simply Norwegian Limited is a live company located in tyne and wear, NE1 4NF with a Companies House number of 06584290. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2008, it's largest shareholder is
linda skughei allen
with a 100% stake. Simply Norwegian Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£1.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Simply Norwegian Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.1k, make it smaller than the average company (£937.3k)
£1.1k - Simply Norwegian Limited
£937.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -75%, show it is growing at a slower rate (9.7%)
-75% - Simply Norwegian Limited
9.7% - Industry AVG
Production
with a gross margin of 41.1%, this company has a comparable cost of product (41.1%)
41.1% - Simply Norwegian Limited
41.1% - Industry AVG
Profitability
an operating margin of 192.6% make it more profitable than the average company (5.9%)
192.6% - Simply Norwegian Limited
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Simply Norwegian Limited
14 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
£32k - Simply Norwegian Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £1.1k, this is less efficient (£91k)
£1.1k - Simply Norwegian Limited
£91k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (30 days)
30 days - Simply Norwegian Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Simply Norwegian Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Simply Norwegian Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 455 weeks, this is more cash available to meet short term requirements (47 weeks)
455 weeks - Simply Norwegian Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.4%, this is a lower level of debt than the average (43.3%)
11.4% - Simply Norwegian Limited
43.3% - Industry AVG
SIMPLY NORWEGIAN LIMITED financials
EXPORT
Simply Norwegian Limited's latest turnover from May 2024 is estimated at £1.1 thousand and the company has net assets of £19.8 thousand. According to their latest financial statements, we estimate that Simply Norwegian Limited has 1 employee and maintains cash reserves of £22.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
1,085
3,784
73,563
94,133
86,808
76,108
82,270
4,664
5,717
6,440
6,415
6,776
11,279
Other Income Or Grants
Cost Of Sales
639
2,223
44,751
57,112
51,743
46,701
48,765
2,733
3,401
3,860
3,671
3,967
6,416
Gross Profit
446
1,562
28,812
37,021
35,065
29,407
33,505
1,932
2,316
2,581
2,744
2,809
4,863
Admin Expenses
-1,644
1,880
-1,602
20,727
36,154
37,900
28,437
30,933
4,064
1,475
1,633
2,079
563
-3,943
Operating Profit
2,090
-318
1,602
8,085
867
-2,835
970
2,572
-2,132
841
948
665
2,246
8,806
Interest Payable
Interest Receivable
1,076
838
179
9
45
30
12
53
56
52
23
Pre-Tax Profit
3,167
520
1,781
8,094
867
-2,790
1,000
2,584
-2,079
896
1,000
691
2,183
8,828
Tax
-792
-130
-338
-1,538
-165
-190
-491
-179
-210
-142
-441
-2,295
Profit After Tax
2,375
390
1,443
6,556
702
-2,790
810
2,093
-2,079
717
790
549
1,742
6,533
Dividends Paid
Retained Profit
2,375
390
1,443
6,556
702
-2,790
810
2,093
-2,079
717
790
549
1,742
6,533
Employee Costs
31,995
30,304
27,720
26,652
27,013
25,750
24,835
26,498
26,355
26,262
26,007
25,646
25,384
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
2,090
-318
1,602
8,085
867
-2,835
970
2,572
-2,132
841
948
665
2,246
8,806
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
90
315
9,445
8,737
11,868
204
Group Debtors
Misc Debtors
Cash
22,284
18,714
18,518
17,374
11,961
9,622
11,407
10,810
9,906
9,483
9,019
misc current assets
433
total current assets
22,374
19,029
18,518
17,374
9,445
8,737
11,961
12,301
9,826
11,407
10,810
9,906
9,483
9,019
total assets
22,374
19,029
18,518
17,374
9,445
8,737
11,961
12,301
9,826
11,407
10,810
9,906
9,483
9,019
Bank overdraft
Bank loan
Trade Creditors
1,956
1,573
1,075
1,195
2,485
Group/Directors Accounts
256
other short term finances
hp & lease commitments
other current liabilities
2,542
1,572
1,452
1,751
190
1,081
1,207
total current liabilities
2,542
1,572
1,452
1,751
446
1,956
1,573
1,075
1,195
1,081
1,207
2,485
loans
hp & lease commitments
Accruals and Deferred Income
378
372
360
other liabilities
provisions
total long term liabilities
378
372
360
total liabilities
2,542
1,572
1,452
1,751
378
372
806
1,956
1,573
1,075
1,195
1,081
1,207
2,485
net assets
19,832
17,457
17,066
15,623
9,067
8,365
11,155
10,345
8,253
10,332
9,615
8,825
8,276
6,534
total shareholders funds
19,832
17,457
17,066
15,623
9,067
8,365
11,155
10,345
8,253
10,332
9,615
8,825
8,276
6,534
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
2,090
-318
1,602
8,085
867
-2,835
970
2,572
-2,132
841
948
665
2,246
8,806
Depreciation
Amortisation
Tax
-792
-130
-338
-1,538
-165
-190
-491
-179
-210
-142
-441
-2,295
Stock
Debtors
-225
315
-9,445
708
8,737
-11,868
11,664
204
Creditors
-1,956
383
498
-120
1,195
-2,485
2,485
Accruals and Deferred Income
970
120
-299
1,373
6
-178
550
-1,081
-126
1,207
Deferred Taxes & Provisions
Cash flow from operations
2,493
-643
965
17,365
-11,750
11,242
-9,200
-1,838
542
852
397
527
8,996
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-256
256
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
-1
1
interest
1,076
838
179
9
45
30
12
53
56
52
23
cash flow from financing
1,076
839
179
9
-211
286
11
53
56
52
24
cash and cash equivalents
cash
3,570
196
1,144
17,374
-11,961
11,961
-9,622
-1,785
597
904
423
464
9,019
overdraft
change in cash
3,570
196
1,144
17,374
-11,961
11,961
-9,622
-1,785
597
904
423
464
9,019
simply norwegian 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 simply norwegian limited. Get real-time insights into simply norwegian limited's credit score, group structure and payment trends.
Perform a competitor analysis for simply norwegian limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
simply norwegian limited Ownership
SIMPLY NORWEGIAN LIMITED group structure
Simply Norwegian Limited has no subsidiary companies.
Ultimate parent company
SIMPLY NORWEGIAN LIMITED
06584290
SIMPLY NORWEGIAN LIMITED Shareholders
The sole shareholder of Simply Norwegian Limited is Linda Skughei Allen.
linda skughei allen
100%
simply norwegian limited directors
Simply Norwegian Limited currently has 1 director, Mrs Linda Allen serving since Mar 2010.
4 st james street, newcastle upon tyne, tyne and wear, NE1 4NF
Bank
-
Legal Advisor
-
simply norwegian 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 simply norwegian limited.
simply norwegian 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 SIMPLY NORWEGIAN LIMITED. This can take several minutes, an email will notify you when this has completed.
simply norwegian limitedCompanies House Filings - See Documents
