ng financial solutions ltd
ng financial solutions ltd Company Information
Company Number
06811086
Next Accounts
Nov 2025
Directors
Shareholders
gavin anthony fernandes
Group Structure
View All
Industry
Tax consultancy
+1Registered Address
166 college road, c/o mg group, harrow, middlesex, HA1 1BH
Website
-ng financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NG FINANCIAL SOLUTIONS LTD at £45.6k based on a Turnover of £62.1k and 0.73x industry multiple (adjusted for size and gross margin).
ng financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NG FINANCIAL SOLUTIONS LTD at £111k based on an EBITDA of £23.7k and a 4.69x industry multiple (adjusted for size and gross margin).
ng financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NG FINANCIAL SOLUTIONS LTD at £631.5k based on Net Assets of £213.3k and 2.96x industry multiple (adjusted for liquidity).
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Ng Financial Solutions Ltd Overview
Ng Financial Solutions Ltd is a live company located in harrow, HA1 1BH with a Companies House number of 06811086. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in February 2009, it's largest shareholder is gavin anthony fernandes with a 100% stake. Ng Financial Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £62.1k with declining growth in recent years.
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Ng Financial Solutions Ltd Health Check
Pomanda's financial health check has awarded Ng Financial Solutions Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £62.1k, make it smaller than the average company (£464.4k)
- Ng Financial Solutions Ltd
£464.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.5%)
- Ng Financial Solutions Ltd
8.5% - Industry AVG
Production
with a gross margin of 66.8%, this company has a comparable cost of product (66.8%)
- Ng Financial Solutions Ltd
66.8% - Industry AVG
Profitability
an operating margin of 38.1% make it more profitable than the average company (6.8%)
- Ng Financial Solutions Ltd
6.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Ng Financial Solutions Ltd
6 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Ng Financial Solutions Ltd
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £62.1k, this is less efficient (£80.8k)
- Ng Financial Solutions Ltd
£80.8k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is near the average (83 days)
- Ng Financial Solutions Ltd
83 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (29 days)
- Ng Financial Solutions Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ng Financial Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 144 weeks, this is more cash available to meet short term requirements (23 weeks)
144 weeks - Ng Financial Solutions Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.9%, this is a lower level of debt than the average (53.5%)
9.9% - Ng Financial Solutions Ltd
53.5% - Industry AVG
NG FINANCIAL SOLUTIONS LTD financials
Ng Financial Solutions Ltd's latest turnover from February 2024 is estimated at £62.1 thousand and the company has net assets of £213.3 thousand. According to their latest financial statements, Ng Financial Solutions Ltd has 1 employee and maintains cash reserves of £64.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 15,245 | 23,032 | 13,456 | 16,567 | 17,229 | 106,916 | 97,184 | 7,471 | 7,200 | 89,831 | 83,305 | 63,620 | 34,152 | 22,282 | 3,177 |
| Group Debtors | 147,705 | 146,705 | 80,505 | 77,145 | 75,345 | 51,642 | 50,000 | ||||||||
| Misc Debtors | 9,071 | 8,748 | 8,465 | 4,209 | 9,117 | 3,270 | 4,550 | ||||||||
| Cash | 64,576 | 31,903 | 85,117 | 60,725 | 27,133 | 20,544 | 10,851 | 5,327 | 10,350 | 4,127 | 18,566 | ||||
| misc current assets | |||||||||||||||
| total current assets | 236,597 | 210,388 | 187,543 | 158,646 | 128,824 | 106,916 | 97,184 | 82,927 | 72,601 | 89,831 | 83,305 | 68,947 | 44,502 | 26,409 | 21,743 |
| total assets | 236,597 | 210,388 | 187,543 | 158,646 | 128,824 | 106,916 | 97,184 | 82,927 | 72,601 | 89,831 | 83,305 | 68,947 | 44,502 | 26,409 | 21,743 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 616 | 10,742 | 24,426 | 14,595 | 11,791 | 25,958 | 19,487 | 13,175 | 12,761 | ||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 22,696 | 16,759 | 14,449 | 8,959 | 12,315 | 16,976 | 17,607 | ||||||||
| total current liabilities | 23,312 | 16,759 | 14,449 | 8,959 | 12,315 | 10,742 | 24,426 | 16,976 | 17,607 | 14,595 | 11,791 | 25,958 | 19,487 | 13,175 | 12,761 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 23,312 | 16,759 | 14,449 | 8,959 | 12,315 | 10,742 | 24,426 | 16,976 | 17,607 | 14,595 | 11,791 | 25,958 | 19,487 | 13,175 | 12,761 |
| net assets | 213,285 | 193,629 | 173,094 | 149,687 | 116,509 | 96,174 | 72,758 | 65,951 | 54,994 | 75,236 | 71,514 | 42,989 | 25,015 | 13,234 | 8,982 |
| total shareholders funds | 213,285 | 193,629 | 173,094 | 149,687 | 116,509 | 96,174 | 72,758 | 65,951 | 54,994 | 75,236 | 71,514 | 42,989 | 25,015 | 13,234 | 8,982 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -6,464 | 76,059 | 4,505 | -3,770 | -5,225 | 9,732 | 34,801 | 633 | -28,081 | 6,526 | 19,685 | 29,468 | 11,870 | 19,105 | 3,177 |
| Creditors | 616 | -10,742 | -13,684 | 24,426 | -14,595 | 2,804 | -14,167 | 6,471 | 6,312 | 414 | 12,761 | ||||
| Accruals and Deferred Income | 5,937 | 2,310 | 5,490 | -3,356 | 12,315 | -16,976 | -631 | 17,607 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 32,673 | -53,214 | 24,392 | 33,592 | 27,133 | -20,544 | 9,693 | 10,851 | -5,327 | -5,023 | 6,223 | -14,439 | 18,566 | ||
| overdraft | |||||||||||||||
| change in cash | 32,673 | -53,214 | 24,392 | 33,592 | 27,133 | -20,544 | 9,693 | 10,851 | -5,327 | -5,023 | 6,223 | -14,439 | 18,566 |
ng financial solutions ltd Credit Report and Business Information
Ng Financial Solutions Ltd Competitor Analysis
Perform a competitor analysis for ng financial solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
ng financial solutions ltd Ownership
NG FINANCIAL SOLUTIONS LTD group structure
Ng Financial Solutions Ltd has no subsidiary companies.
Ultimate parent company
NG FINANCIAL SOLUTIONS LTD
06811086
ng financial solutions ltd directors
Ng Financial Solutions Ltd currently has 1 director, Mr Gavin Fernandes serving since Feb 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gavin Fernandes | 48 years | Feb 2009 | - | Director |
P&L
February 2024turnover
62.1k
-37%
operating profit
23.7k
0%
gross margin
66.9%
-9.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
213.3k
+0.1%
total assets
236.6k
+0.12%
cash
64.6k
+1.02%
net assets
Total assets minus all liabilities
ng financial solutions ltd company details
company number
06811086
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
February 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
mg accountants & co ltd (June 2014)
accountant
-
auditor
-
address
166 college road, c/o mg group, harrow, middlesex, HA1 1BH
Bank
-
Legal Advisor
-
ng financial solutions 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 did not find charges/mortgages relating to ng financial solutions ltd.
ng financial solutions 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 NG FINANCIAL SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
ng financial solutions ltd Companies House Filings - See Documents
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