nat1onal equipment rental ltd

Live EstablishedSmallLow

nat1onal equipment rental ltd Company Information

Share NAT1ONAL EQUIPMENT RENTAL LTD

Company Number

06884817

Shareholders

mark philpin & debra philpin

lee quinn

View All

Group Structure

View All

Industry

Renting and leasing of construction and civil engineering machinery and equipment

 

Registered Address

940 green lanes, london, N21 2AD

nat1onal equipment rental ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of NAT1ONAL EQUIPMENT RENTAL LTD at £2.1m based on a Turnover of £3.7m and 0.58x industry multiple (adjusted for size and gross margin).

nat1onal equipment rental ltd Estimated Valuation

£5m

Pomanda estimates the enterprise value of NAT1ONAL EQUIPMENT RENTAL LTD at £5m based on an EBITDA of £1.6m and a 3.07x industry multiple (adjusted for size and gross margin).

nat1onal equipment rental ltd Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of NAT1ONAL EQUIPMENT RENTAL LTD at £3.1m based on Net Assets of £1.4m and 2.21x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Nat1onal Equipment Rental Ltd Overview

Nat1onal Equipment Rental Ltd is a live company located in london, N21 2AD with a Companies House number of 06884817. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in April 2009, it's largest shareholder is mark philpin & debra philpin with a 80% stake. Nat1onal Equipment Rental Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.7m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Nat1onal Equipment Rental Ltd Health Check

Pomanda's financial health check has awarded Nat1Onal Equipment Rental Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £3.7m, make it smaller than the average company (£13.5m)

£3.7m - Nat1onal Equipment Rental Ltd

£13.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.5%)

2% - Nat1onal Equipment Rental Ltd

11.5% - Industry AVG

production

Production

with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)

36.1% - Nat1onal Equipment Rental Ltd

36.1% - Industry AVG

profitability

Profitability

an operating margin of 12.6% make it as profitable than the average company (11.4%)

12.6% - Nat1onal Equipment Rental Ltd

11.4% - Industry AVG

employees

Employees

with 22 employees, this is below the industry average (63)

22 - Nat1onal Equipment Rental Ltd

63 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)

£46.2k - Nat1onal Equipment Rental Ltd

£46.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £166.5k, this is less efficient (£231.7k)

£166.5k - Nat1onal Equipment Rental Ltd

£231.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is near the average (59 days)

62 days - Nat1onal Equipment Rental Ltd

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is quicker than average (45 days)

39 days - Nat1onal Equipment Rental Ltd

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nat1onal Equipment Rental Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)

2 weeks - Nat1onal Equipment Rental Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.5%, this is a higher level of debt than the average (57.8%)

77.5% - Nat1onal Equipment Rental Ltd

57.8% - Industry AVG

NAT1ONAL EQUIPMENT RENTAL LTD financials

EXPORTms excel logo

Nat1Onal Equipment Rental Ltd's latest turnover from April 2024 is estimated at £3.7 million and the company has net assets of £1.4 million. According to their latest financial statements, Nat1Onal Equipment Rental Ltd has 22 employees and maintains cash reserves of £113.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Jun 2010
Turnover3,663,7945,000,5523,322,8103,470,4712,496,5783,716,4203,608,3652,700,9503,010,3184,127,1343,012,4402,431,085880,609350,196600,665
Other Income Or Grants000000000000000
Cost Of Sales2,341,1143,277,0672,183,8852,370,4121,704,4042,525,3652,390,6021,747,7791,990,2812,737,3362,005,7621,662,240602,131234,485403,542
Gross Profit1,322,6801,723,4841,138,9251,100,059792,1751,191,0551,217,763953,1701,020,0361,389,7981,006,678768,845278,478115,711197,124
Admin Expenses862,6421,596,560910,109780,690849,638952,820962,869879,237959,5231,377,576975,326738,282266,217117,702193,705
Operating Profit460,038126,924228,816319,369-57,463238,235254,89473,93360,51312,22231,35230,56312,261-1,9913,419
Interest Payable13,58614,8558,64110,93315,93620,68023,94625,61611,011000000
Interest Receivable8,0407,9511,6952462501,476320187382154330
Pre-Tax Profit454,492120,020221,870308,681-73,149219,031231,26848,33549,57512,30431,36730,56812,264-1,9883,419
Tax-113,623-30,005-42,155-58,6490-41,616-43,941-9,184-9,915-2,461-6,587-7,031-2,9430-957
Profit After Tax340,86990,015179,715250,032-73,149177,415187,32739,15139,6609,84324,78023,5379,321-1,9882,462
Dividends Paid000000000000000
Retained Profit340,86990,015179,715250,032-73,149177,415187,32739,15139,6609,84324,78023,5379,321-1,9882,462
Employee Costs1,015,380959,594743,050790,390796,821783,956719,277367,398690,5171,006,346761,220629,100252,605118,418178,745
Number Of Employees222218202020191020302421846
EBITDA*1,612,7261,173,7861,247,3641,127,879631,439775,786254,894405,766308,191139,32680,02838,16612,494-1,9913,419

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Jun 2010
Tangible Assets5,468,0654,804,6964,782,3604,148,8763,198,4542,829,9022,264,4151,891,4741,508,132943,479522,859197,4821,76700
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,468,0654,804,6964,782,3604,148,8763,198,4542,829,9022,264,4151,891,4741,508,132943,479522,859197,4821,76700
Stock & work in progress000000000000000
Trade Debtors623,7301,158,736740,918799,423420,108861,460869,545864,112754,128712,925572,614496,448205,00672,044115,023
Group Debtors000000000000000
Misc Debtors1,4000000012,40000000000
Cash113,412192,868181,306270,625220,913279,140114,36313,51055228,5254,2261,668761,20328
misc current assets000000000000000
total current assets738,5421,351,604922,2241,070,048641,0211,140,600996,308877,622754,680741,450576,840498,116205,08273,247115,051
total assets6,206,6076,156,3005,704,5845,218,9243,839,4753,970,5023,260,7232,769,0962,262,8121,684,9291,099,699695,598206,84973,247115,051
Bank overdraft14,873226,65963,195192,828165,634356,866255,864480,925338,802000000
Bank loan000000000000000
Trade Creditors 253,171290,310182,663230,782234,097300,011226,589157,379250,8891,246,552772,026476,10997,05472,673112,489
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments1,314,3821,190,2891,077,6301,312,943745,450665,696575,053517,717501,535000000
other current liabilities1,204,2021,220,0341,189,6591,130,1651,099,767991,364953,223852,304399,637000000
total current liabilities2,786,6282,927,2922,513,1472,866,7182,244,9482,313,9372,010,7292,008,3251,490,8631,246,552772,026476,10997,05472,673112,489
loans000000000000000
hp & lease commitments1,093,1771,371,6381,641,7221,022,868681,994651,141695,897514,001564,330000000
Accruals and Deferred Income000000000000000
other liabilities39,814116,494138,404230,943202,170273,912000270,422169,56186,157000
provisions887,993682,750443,200310,000172,000120,000120,00000000000
total long term liabilities2,020,9842,170,8822,223,3261,563,8111,056,1641,045,053815,897514,001564,330270,422169,56186,157000
total liabilities4,807,6125,098,1744,736,4734,430,5293,301,1123,358,9902,826,6262,522,3262,055,1931,516,974941,587562,26697,05472,673112,489
net assets1,398,9951,058,126968,111788,395538,363611,512434,097246,770207,619167,955158,112133,332109,7955742,562
total shareholders funds1,398,9951,058,126968,111788,395538,363611,512434,097246,770207,619167,955158,112133,332109,7955742,562
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Jun 2010
Operating Activities
Operating Profit460,038126,924228,816319,369-57,463238,235254,89473,93360,51312,22231,35230,56312,261-1,9913,419
Depreciation1,152,6881,046,8621,018,548808,510688,902537,5510331,833247,678127,10448,6767,60323300
Amortisation000000000000000
Tax-113,623-30,005-42,155-58,6490-41,616-43,941-9,184-9,915-2,461-6,587-7,031-2,9430-957
Stock000000000000000
Debtors-533,606417,818-58,505379,315-441,352-20,48517,833109,98441,203140,31176,166291,442132,962-42,979115,023
Creditors-37,139107,647-48,119-3,315-65,91473,42269,210-93,510-995,663474,526295,917379,05524,381-39,816112,489
Accruals and Deferred Income-15,83230,37559,49430,398108,40338,141100,919452,667399,637000000
Deferred Taxes & Provisions205,243239,550133,200138,00052,0000120,00000000000
Cash flow from operations2,184,9811,103,5351,408,289854,9981,167,280866,218483,249645,755-338,953471,080293,192118,748-99,0301,172-72
Investing Activities
capital expenditure-1,816,057-1,069,198-1,652,032-1,758,932-1,057,454-1,103,038-372,941-715,175-812,331-547,724-374,053-203,318-2,00000
Change in Investments000000000000000
cash flow from investments-1,816,057-1,069,198-1,652,032-1,758,932-1,057,454-1,103,038-372,941-715,175-812,331-547,724-374,053-203,318-2,00000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-154,368-157,425383,541908,367110,60745,887239,232-34,1471,065,865000000
other long term liabilities-76,680-21,910-92,53928,773-71,742273,91200-270,422100,86183,40486,157000
share issue00100000400099,9000100
interest-5,546-6,904-6,946-10,687-15,686-19,204-23,626-25,598-10,93882154330
cash flow from financing-236,594-186,239284,057926,45323,179300,595215,606-59,745784,509100,94383,41986,16199,9033100
cash and cash equivalents
cash-79,45611,562-89,31949,712-58,227164,777100,85312,958-27,97324,2992,5581,592-1,1271,17528
overdraft-211,786163,464-129,63327,194-191,232101,002-225,061142,123338,802000000
change in cash132,330-151,90240,31422,518133,00563,775325,914-129,165-366,77524,2992,5581,592-1,1271,17528

nat1onal equipment rental 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 nat1onal equipment rental ltd. Get real-time insights into nat1onal equipment rental ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Nat1onal Equipment Rental Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nat1onal equipment rental ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N21 area or any other competitors across 12 key performance metrics.

nat1onal equipment rental ltd Ownership

NAT1ONAL EQUIPMENT RENTAL LTD group structure

Nat1Onal Equipment Rental Ltd has no subsidiary companies.

Ultimate parent company

NAT1ONAL EQUIPMENT RENTAL LTD

06884817

NAT1ONAL EQUIPMENT RENTAL LTD Shareholders

mark philpin & debra philpin 80%
lee quinn 20%
jack sidney philpin 0%
harry frederick philpin 0%
peni quinn 0%

nat1onal equipment rental ltd directors

Nat1Onal Equipment Rental Ltd currently has 2 directors. The longest serving directors include Lee Quinn (Apr 2009) and Mr Mark Philpin (Apr 2009).

officercountryagestartendrole
Lee QuinnUnited Kingdom67 years Apr 2009- Director
Mr Mark PhilpinUnited Kingdom67 years Apr 2009- Director

P&L

April 2024

turnover

3.7m

-27%

operating profit

460k

0%

gross margin

36.2%

+4.75%

turnover

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

Balance Sheet

April 2024

net assets

1.4m

+0.32%

total assets

6.2m

+0.01%

cash

113.4k

-0.41%

net assets

Total assets minus all liabilities

nat1onal equipment rental ltd company details

company number

06884817

Type

Private limited with Share Capital

industry

77320 - Renting and leasing of construction and civil engineering machinery and equipment

incorporation date

April 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

GRAEME BRUCE & PARTNERS LLP

auditor

-

address

940 green lanes, london, N21 2AD

Bank

-

Legal Advisor

-

nat1onal equipment rental 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 5 charges/mortgages relating to nat1onal equipment rental ltd. Currently there are 1 open charges and 4 have been satisfied in the past.

nat1onal equipment rental 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 NAT1ONAL EQUIPMENT RENTAL LTD. This can take several minutes, an email will notify you when this has completed.

nat1onal equipment rental ltd Companies House Filings - See Documents

datedescriptionview/download