Pomanda estimates the enterprise value of N R ASPHALT LTD at £1.2m based on a Turnover of £5m and 0.24x industry multiple (adjusted for size and gross margin).
n r asphalt ltdEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of N R ASPHALT LTD at £1.5m based on an EBITDA of £454.7k and a 3.24x industry multiple (adjusted for size and gross margin).
n r asphalt ltdEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of N R ASPHALT LTD at £2.6m based on Net Assets of £1.4m and 1.88x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
N R Asphalt LtdOverview
N R Asphalt Ltd is a live company located in norwich, NR9 3AZ with a Companies House number of 06799855. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in January 2009, it's largest shareholder is
nathan riches
with a 100% stake. N R Asphalt Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded N R Asphalt Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £5m, make it smaller than the average company (£16.6m)
£5m - N R Asphalt Ltd
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.6%)
8% - N R Asphalt Ltd
8.6% - Industry AVG
Production
with a gross margin of 18.2%, this company has a comparable cost of product (18.2%)
18.2% - N R Asphalt Ltd
18.2% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (5.3%)
2.9% - N R Asphalt Ltd
5.3% - Industry AVG
Employees
with 21 employees, this is below the industry average (56)
21 - N R Asphalt Ltd
56 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
£53.1k - N R Asphalt Ltd
£53.1k - Industry AVG
Efficiency
resulting in sales per employee of £240.1k, this is equally as efficient (£248.2k)
£240.1k - N R Asphalt Ltd
£248.2k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (49 days)
33 days - N R Asphalt Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (38 days)
83 days - N R Asphalt Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (4 days)
3 days - N R Asphalt Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 37 weeks, this is more cash available to meet short term requirements (28 weeks)
37 weeks - N R Asphalt Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.3%, this is a lower level of debt than the average (61.4%)
54.3% - N R Asphalt Ltd
61.4% - Industry AVG
N R ASPHALT LTD financials
EXPORT
N R Asphalt Ltd's latest turnover from January 2024 is estimated at £5 million and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that N R Asphalt Ltd has 21 employees and maintains cash reserves of £847.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
5,041,952
2,830,101
3,051,445
3,973,336
4,709,442
3,714,721
2,969,744
4,740,902
5,560,451
6,215,852
5,885,164
3,680,188
2,797,552
3,117,960
1,314,978
Other Income Or Grants
Cost Of Sales
4,122,682
2,331,627
2,520,395
3,313,472
3,940,093
3,088,392
2,452,257
3,864,944
4,639,621
5,216,966
4,970,018
3,082,925
2,345,056
2,577,640
1,089,032
Gross Profit
919,270
498,474
531,050
659,864
769,348
626,329
517,487
875,957
920,830
998,886
915,147
597,264
452,496
540,320
225,947
Admin Expenses
774,644
269,896
-36,246
621,437
659,398
464,372
448,946
766,344
807,980
1,026,372
916,344
608,593
398,761
298,382
217,196
Operating Profit
144,626
228,578
567,296
38,427
109,950
161,957
68,541
109,613
112,850
-27,486
-1,197
-11,329
53,735
241,938
8,751
Interest Payable
14,063
16,193
13,494
9,225
2,155
2,388
4,523
2,316
Interest Receivable
34,131
15,522
881
135
7
659
435
2
41
51
23
238
415
188
1
Pre-Tax Profit
164,695
227,907
554,683
29,337
107,802
162,616
66,588
105,091
110,575
-27,435
-1,174
-11,091
54,150
242,126
8,751
Tax
-41,174
-43,302
-105,390
-5,574
-20,482
-30,897
-12,652
-21,018
-22,115
-14,079
-67,795
-2,450
Profit After Tax
123,521
184,605
449,293
23,763
87,320
131,719
53,936
84,073
88,460
-27,435
-1,174
-11,091
40,071
174,331
6,301
Dividends Paid
Retained Profit
123,521
184,605
449,293
23,763
87,320
131,719
53,936
84,073
88,460
-27,435
-1,174
-11,091
40,071
174,331
6,301
Employee Costs
1,115,620
50,618
48,545
47,184
46,724
45,230
42,801
973,839
1,042,446
1,229,146
1,172,983
745,867
644,767
734,629
298,515
Number Of Employees
21
1
1
1
1
1
1
23
26
32
32
21
18
21
8
EBITDA*
454,708
591,255
892,103
394,490
546,830
527,670
329,634
334,000
299,298
129,836
109,966
53,888
125,843
280,851
10,028
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
1,333,997
1,440,282
1,473,558
1,282,130
1,318,188
1,646,914
1,193,429
1,046,607
894,853
778,344
593,674
342,046
288,432
116,739
4,428
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,333,997
1,440,282
1,473,558
1,282,130
1,318,188
1,646,914
1,193,429
1,046,607
894,853
778,344
593,674
342,046
288,432
116,739
4,428
Stock & work in progress
36,818
36,818
16,500
12,000
293,248
76,625
123,664
136,471
389,843
487,253
678,663
428,145
319,692
335,113
140,801
Trade Debtors
468,949
488,298
495,840
720,684
631,965
733,380
229,366
584,218
296,079
218,574
136,374
141,463
71,315
119,570
62,469
Group Debtors
129,073
129,073
Misc Debtors
265,857
164,026
386,493
659,170
190,619
1,380
269,849
15,320
29,941
Cash
847,787
452,442
434,539
270,342
1,956
173,771
202
1,025
15,365
5,034
4,182
90,832
75,065
251
misc current assets
total current assets
1,748,484
1,270,657
1,333,372
1,662,196
1,115,832
813,341
796,650
736,211
716,888
721,192
820,071
573,790
481,839
529,748
203,521
total assets
3,082,481
2,710,939
2,806,930
2,944,326
2,434,020
2,460,255
1,990,079
1,782,818
1,611,741
1,499,536
1,413,745
915,836
770,271
646,487
207,949
Bank overdraft
45,456
45,454
45,454
45,454
63,838
73,475
71,275
Bank loan
Trade Creditors
940,608
635,379
740,073
955,390
800,313
737,008
769,356
634,118
563,358
900,591
980,168
553,946
512,669
449,831
200,590
Group/Directors Accounts
57,059
57,059
127,010
other short term finances
hp & lease commitments
128,663
186,475
266,465
357,899
325,659
372,833
290,908
265,296
195,749
other current liabilities
64,717
69,866
105,987
221,236
93,612
117,756
24,526
41,482
152,582
total current liabilities
1,179,444
937,174
1,215,038
1,637,038
1,283,422
1,227,597
1,084,790
1,014,371
982,964
900,591
980,168
680,956
512,669
449,831
200,590
loans
56,817
102,273
147,728
193,183
hp & lease commitments
251,073
199,866
239,005
369,121
450,063
602,634
413,469
336,078
264,412
Accruals and Deferred Income
other liabilities
4,216
38,455
384,579
165,625
12,047
73
provisions
187,354
187,354
105,492
94,610
73,924
90,733
84,248
74,517
56,347
33,263
59,414
25,168
24,752
15,924
885
total long term liabilities
495,244
489,493
492,225
656,914
523,987
693,367
497,717
414,811
359,214
417,842
225,039
25,168
36,799
15,924
958
total liabilities
1,674,688
1,426,667
1,707,263
2,293,952
1,807,409
1,920,964
1,582,507
1,429,182
1,342,178
1,318,433
1,205,207
706,124
549,468
465,755
201,548
net assets
1,407,793
1,284,272
1,099,667
650,374
626,611
539,291
407,572
353,636
269,563
181,103
208,538
209,712
220,803
180,732
6,401
total shareholders funds
1,407,793
1,284,272
1,099,667
650,374
626,611
539,291
407,572
353,636
269,563
181,103
208,538
209,712
220,803
180,732
6,401
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
144,626
228,578
567,296
38,427
109,950
161,957
68,541
109,613
112,850
-27,486
-1,197
-11,329
53,735
241,938
8,751
Depreciation
310,082
362,677
324,807
356,063
436,880
365,713
261,093
224,387
186,448
157,322
111,163
65,217
72,108
38,913
1,277
Amortisation
Tax
-41,174
-43,302
-105,390
-5,574
-20,482
-30,897
-12,652
-21,018
-22,115
-14,079
-67,795
-2,450
Stock
20,318
4,500
-281,248
216,623
-47,039
-12,807
-253,372
-97,410
-191,410
250,518
108,453
-15,421
194,312
140,801
Debtors
82,482
-100,936
-497,521
557,270
87,824
235,545
-100,323
273,518
107,446
82,200
-5,089
70,148
-48,255
57,101
62,469
Creditors
305,229
-104,694
-215,317
155,077
63,305
-32,348
135,238
70,760
-337,233
-79,577
426,222
41,277
62,838
249,241
200,590
Accruals and Deferred Income
-5,149
-36,121
-115,249
127,624
-24,144
93,230
-16,956
-111,100
152,582
Deferred Taxes & Provisions
81,862
10,882
20,686
-16,809
6,485
9,731
18,170
23,084
-26,151
34,246
416
8,828
15,039
885
Cash flow from operations
631,132
569,618
960,050
416,281
244,253
375,634
558,125
270,666
105,580
133,318
325,005
-83,020
247,106
225,923
5,783
Investing Activities
capital expenditure
-203,797
-329,401
-516,235
-320,005
-108,154
-819,198
-407,915
-376,141
-302,957
-341,992
-362,791
-118,831
-243,801
-151,224
-5,705
Change in Investments
cash flow from investments
-203,797
-329,401
-516,235
-320,005
-108,154
-819,198
-407,915
-376,141
-302,957
-341,992
-362,791
-118,831
-243,801
-151,224
-5,705
Financing Activities
Bank loans
Group/Directors Accounts
-57,059
57,059
-127,010
127,010
Other Short Term Loans
Long term loans
-45,456
-45,455
-45,455
193,183
Hire Purchase and Lease Commitments
-6,605
-119,129
-221,550
-48,702
-199,745
271,090
103,003
141,213
460,161
other long term liabilities
-4,216
-34,239
-346,124
218,954
165,625
-12,047
12,047
-73
73
share issue
100
interest
20,068
-671
-12,613
-9,090
-2,148
659
-1,953
-4,521
-2,275
51
23
238
415
188
1
cash flow from financing
-31,993
-222,314
-279,618
192,450
-201,893
271,749
96,834
102,453
111,762
219,005
38,638
115,201
12,462
115
174
cash and cash equivalents
cash
395,345
17,903
164,197
270,342
-1,956
-171,815
173,569
-823
-14,340
10,331
852
-86,650
15,767
74,814
251
overdraft
2
-18,384
63,838
-73,475
2,200
71,275
change in cash
395,343
17,903
164,197
288,726
-65,794
-171,815
247,044
-3,023
-85,615
10,331
852
-86,650
15,767
74,814
251
n r asphalt ltd 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 n r asphalt ltd. Get real-time insights into n r asphalt ltd's credit score, group structure and payment trends.
Perform a competitor analysis for n r asphalt ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in NR9 area or any other competitors across 12 key performance metrics.
n r asphalt ltd Ownership
N R ASPHALT LTD group structure
N R Asphalt Ltd has no subsidiary companies.
Ultimate parent company
N R ASPHALT LTD
06799855
N R ASPHALT LTD Shareholders
The sole shareholder of N R Asphalt Ltd is Nathan Riches.
nathan riches
100%
n r asphalt ltd directors
N R Asphalt Ltd currently has 2 directors.
The longest serving directors include
Mr Nathan Riches (Jan 2009) and
Miss Jade Daniels (Dec 2024).
unit 1 station lane, ketteringham, norwich, norfolk, NR9 3AZ
Bank
-
Legal Advisor
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n r asphalt ltd 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 n r asphalt ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
n r asphalt ltd 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 N R ASPHALT LTD. This can take several minutes, an email will notify you when this has completed.
n r asphalt ltdCompanies House Filings - See Documents
