net world sports limited
net world sports limited Company Information
Company Number
06899671
Next Accounts
Jun 2025
Shareholders
alex loven
mauna kea limited
View AllGroup Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
net world sports bryn lane, wrexham industrial estate, wrexham, clwyd, LL13 9UT
net world sports limited Estimated Valuation
Pomanda estimates the enterprise value of NET WORLD SPORTS LIMITED at £61.7m based on a Turnover of £77.8m and 0.79x industry multiple (adjusted for size and gross margin).
net world sports limited Estimated Valuation
Pomanda estimates the enterprise value of NET WORLD SPORTS LIMITED at £92.6m based on an EBITDA of £11.1m and a 8.31x industry multiple (adjusted for size and gross margin).
net world sports limited Estimated Valuation
Pomanda estimates the enterprise value of NET WORLD SPORTS LIMITED at £98.4m based on Net Assets of £49.9m and 1.97x industry multiple (adjusted for liquidity).
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Net World Sports Limited Overview
Net World Sports Limited is a live company located in wrexham, LL13 9UT with a Companies House number of 06899671. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in May 2009, it's largest shareholder is alex loven with a 44.6% stake. Net World Sports Limited is a established, large sized company, Pomanda has estimated its turnover at £77.8m with high growth in recent years.
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Net World Sports Limited Health Check
Pomanda's financial health check has awarded Net World Sports Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £77.8m, make it larger than the average company (£1.3m)
£77.8m - Net World Sports Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (7.8%)
20% - Net World Sports Limited
7.8% - Industry AVG
Production
with a gross margin of 34%, this company has a comparable cost of product (31.9%)
34% - Net World Sports Limited
31.9% - Industry AVG
Profitability
an operating margin of 13.7% make it more profitable than the average company (4.8%)
13.7% - Net World Sports Limited
4.8% - Industry AVG
Employees
with 245 employees, this is above the industry average (11)
245 - Net World Sports Limited
11 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has a lower pay structure (£35.8k)
£27.7k - Net World Sports Limited
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £317.6k, this is more efficient (£207.3k)
£317.6k - Net World Sports Limited
£207.3k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (32 days)
8 days - Net World Sports Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (39 days)
72 days - Net World Sports Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 61 days, this is in line with average (73 days)
61 days - Net World Sports Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (23 weeks)
4 weeks - Net World Sports Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.1%, this is a lower level of debt than the average (62.6%)
36.1% - Net World Sports Limited
62.6% - Industry AVG
NET WORLD SPORTS LIMITED financials
Net World Sports Limited's latest turnover from September 2023 is £77.8 million and the company has net assets of £49.9 million. According to their latest financial statements, Net World Sports Limited has 245 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 77,814,669 | 64,557,238 | 61,379,699 | 44,483,026 | 25,389,209 | 19,921,327 | 18,128,766 | 11,623,042 | 8,138,123 | |||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 51,376,232 | 43,482,897 | 47,224,712 | 30,075,817 | 16,961,933 | 12,929,661 | 10,529,731 | 7,787,685 | 5,458,341 | |||||
| Gross Profit | 26,438,437 | 21,074,341 | 14,154,987 | 14,407,209 | 8,427,276 | 6,991,666 | 7,599,035 | 3,835,357 | 2,679,782 | |||||
| Admin Expenses | 15,757,480 | 7,504,256 | 6,909,930 | 6,757,349 | 5,495,490 | 5,238,777 | 4,009,885 | 1,896,095 | 1,271,388 | |||||
| Operating Profit | 10,680,957 | 13,570,085 | 7,245,057 | 7,649,860 | 2,931,786 | 1,752,889 | 3,589,150 | 1,939,262 | 1,408,394 | |||||
| Interest Payable | 190,095 | 23,030 | 2,176,757 | 100,736 | 111,309 | 51,380 | 40,866 | 2 | 42 | |||||
| Interest Receivable | 15,506 | 21,376 | 27,649 | 32,928 | 256,725 | 11,089 | 10 | |||||||
| Pre-Tax Profit | 13,907,865 | 9,499,387 | 5,095,949 | 7,582,052 | 3,077,202 | 1,473,584 | 3,705,813 | 1,772,314 | 1,406,928 | |||||
| Tax | -3,729,238 | -1,090,200 | -811,204 | -1,301,076 | -449,102 | -67,436 | -558,659 | -243,030 | -48,414 | |||||
| Profit After Tax | 10,178,627 | 8,409,187 | 4,284,745 | 6,280,976 | 2,628,100 | 1,406,148 | 3,147,154 | 1,529,284 | 1,358,514 | |||||
| Dividends Paid | 1,591,050 | 1,560,000 | 1,474,000 | 1,441,000 | 686,000 | 628,000 | 935,200 | 236,000 | 96,000 | |||||
| Retained Profit | 8,587,577 | 6,849,187 | 2,810,745 | 4,839,976 | 1,942,100 | 778,148 | 2,211,954 | 1,293,284 | 1,262,514 | |||||
| Employee Costs | 6,795,247 | 5,297,621 | 4,490,199 | 2,780,195 | 2,394,659 | 2,020,608 | 1,566,115 | 905,757 | 592,868 | |||||
| Number Of Employees | 245 | 216 | 176 | 113 | 104 | 95 | 75 | 46 | 38 | |||||
| EBITDA* | 11,136,198 | 13,834,075 | 7,433,845 | 7,871,860 | 3,155,992 | 1,949,253 | 3,810,923 | 1,999,841 | 1,471,801 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,672,091 | 46,313,938 | 20,639,154 | 6,678,000 | 6,222,010 | 3,667,094 | 3,756,693 | 178,918 | 185,725 | 117,608 | 115,492 | 66,846 | 35,470 | 24,082 |
| Intangible Assets | 8,250 | 9,750 | 11,250 | 12,750 | 14,250 | 15,750 | 17,250 | 18,750 | 20,250 | 21,750 | 23,250 | 24,750 | 27,000 | 28,500 |
| Investments & Other | 7,827,468 | 225,000 | 225,000 | 225,000 | 225,000 | 325,800 | 325,800 | 1,025,000 | 1,025,000 | 112,000 | ||||
| Debtors (Due After 1 year) | 7,000 | |||||||||||||
| Total Fixed Assets | 54,514,809 | 46,548,688 | 20,875,404 | 6,915,750 | 6,461,260 | 4,008,644 | 4,099,743 | 1,222,668 | 1,230,975 | 251,358 | 138,742 | 91,596 | 62,470 | 52,582 |
| Stock & work in progress | 8,706,204 | 9,326,271 | 9,814,921 | 8,508,878 | 4,892,167 | 4,058,862 | 3,623,743 | 1,949,542 | 1,372,778 | 941,195 | 873,120 | 484,286 | 205,321 | 63,226 |
| Trade Debtors | 1,795,649 | 3,428,896 | 4,493,846 | 2,375,537 | 95,845 | 71,108 | 45,319 | 56,361 | 122,576 | 153,109 | 432,725 | 74,411 | 62,187 | |
| Group Debtors | 9,255,197 | 1,992,134 | 763,628 | 767,492 | 146,492 | 73,391 | 75,291 | 75,291 | ||||||
| Misc Debtors | 1,899,147 | 1,182,619 | 8,158,356 | 1,531,617 | 1,201,744 | 1,017,194 | 674,669 | 100,364 | ||||||
| Cash | 1,983,509 | 2,856,816 | 1,249,225 | 4,806,461 | 2,641,868 | 2,866,343 | 2,410,679 | 2,457,191 | 1,168,504 | 759,064 | 196,523 | 107,286 | 166,467 | 118,299 |
| misc current assets | ||||||||||||||
| total current assets | 23,639,706 | 18,786,736 | 23,716,348 | 17,986,121 | 9,503,271 | 8,184,736 | 6,853,590 | 4,527,343 | 2,773,298 | 1,822,835 | 1,222,752 | 1,024,297 | 446,199 | 243,712 |
| total assets | 78,154,515 | 65,335,424 | 44,591,752 | 24,901,871 | 15,964,531 | 12,193,380 | 10,953,333 | 5,750,011 | 4,004,273 | 2,074,193 | 1,361,494 | 1,115,893 | 508,669 | 296,294 |
| Bank overdraft | 5,523 | |||||||||||||
| Bank loan | 1,685,643 | 1,741,030 | 156,016 | 102,304 | 100,280 | |||||||||
| Trade Creditors | 10,263,059 | 9,234,837 | 8,939,878 | 5,884,373 | 2,933,842 | 2,439,912 | 1,295,862 | 1,152,639 | 489,182 | 1,151,425 | 1,207,939 | 914,098 | 113,720 | 20,976 |
| Group/Directors Accounts | 9,374 | 3,764 | 5,369 | 18,162 | 674,991 | 598,818 | 1,269,285 | 7,684 | 168,533 | 217,838 | ||||
| other short term finances | 524,914 | 3,926,411 | 2,080,127 | 248,442 | 9,427 | 166,956 | ||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 9,906,113 | 9,083,026 | 2,100,865 | 2,061,762 | 749,357 | 748,903 | 910,866 | 319,983 | 26,714 | |||||
| total current liabilities | 20,694,086 | 22,244,274 | 14,821,410 | 9,690,929 | 3,844,584 | 3,557,723 | 2,991,426 | 2,238,396 | 1,785,181 | 1,151,425 | 1,207,939 | 921,782 | 282,253 | 238,814 |
| loans | 1,795,236 | 1,901,734 | 3,645,146 | 2,115,365 | 2,217,670 | |||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 7,511,486 | 5,188,055 | 2,154,161 | 57,569 | 63,138 | 50,729 | 53,615 | 33,049 | 33,810 | |||||
| total long term liabilities | 7,511,486 | 5,188,055 | 3,949,397 | 1,959,303 | 3,708,284 | 2,166,094 | 2,271,285 | 33,049 | 33,810 | |||||
| total liabilities | 28,205,572 | 27,432,329 | 18,770,807 | 11,650,232 | 7,552,868 | 5,723,817 | 5,262,711 | 2,271,445 | 1,818,991 | 1,151,425 | 1,207,939 | 921,782 | 282,253 | 238,814 |
| net assets | 49,948,943 | 37,903,095 | 25,820,945 | 13,251,639 | 8,411,663 | 6,469,563 | 5,690,622 | 3,478,566 | 2,185,282 | 922,768 | 153,555 | 194,111 | 226,416 | 57,480 |
| total shareholders funds | 49,948,943 | 37,903,095 | 25,820,945 | 13,251,639 | 8,411,663 | 6,469,563 | 5,690,622 | 3,478,566 | 2,185,282 | 922,768 | 153,555 | 194,111 | 226,416 | 57,480 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 10,680,957 | 13,570,085 | 7,245,057 | 7,649,860 | 2,931,786 | 1,752,889 | 3,589,150 | 1,939,262 | 1,408,394 | |||||
| Depreciation | 453,741 | 262,490 | 187,288 | 220,500 | 222,706 | 194,864 | 220,273 | 59,079 | 61,907 | 39,204 | 19,701 | 21,936 | 11,824 | 8,027 |
| Amortisation | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 2,250 | 1,500 | 1,500 |
| Tax | -3,729,238 | -1,090,200 | -811,204 | -1,301,076 | -449,102 | -67,436 | -558,659 | -243,030 | -48,414 | |||||
| Stock | -620,067 | -488,650 | 1,306,043 | 3,616,711 | 833,305 | 435,119 | 1,674,201 | 576,764 | 431,583 | 68,075 | 388,834 | 278,965 | 142,095 | 63,226 |
| Debtors | 6,353,344 | -6,048,553 | 7,981,420 | 2,701,546 | 709,705 | 440,363 | 698,558 | -111,406 | 109,440 | -30,533 | -279,616 | 358,314 | 12,224 | 62,187 |
| Creditors | 1,028,222 | 294,959 | 3,055,505 | 2,950,531 | 493,930 | 1,144,050 | 143,223 | 663,457 | -662,243 | -56,514 | 293,841 | 800,378 | 92,744 | 20,976 |
| Accruals and Deferred Income | 823,087 | 6,982,161 | 39,103 | 1,312,405 | 454 | -161,963 | 590,883 | 293,269 | 26,714 | |||||
| Deferred Taxes & Provisions | 2,323,431 | 3,033,894 | 2,096,592 | -5,569 | 12,409 | -2,886 | 20,566 | -761 | 33,810 | |||||
| Cash flow from operations | 5,848,423 | 29,592,092 | 2,526,378 | 4,509,894 | 1,670,673 | 1,985,536 | 1,634,177 | 2,247,418 | 280,645 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | -105,265 | -3,798,048 | -52,272 | -1,043,024 | ||||||||||
| Change in Investments | 7,602,468 | -100,800 | -699,200 | 913,000 | 112,000 | |||||||||
| cash flow from investments | -7,602,468 | 100,800 | -105,265 | -3,098,848 | -52,272 | -1,956,024 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -1,685,643 | -55,387 | 1,585,014 | 53,712 | 2,024 | 100,280 | ||||||||
| Group/Directors Accounts | -9,374 | 5,610 | -1,605 | -12,793 | -656,829 | 76,173 | -670,467 | 1,269,285 | -7,684 | -160,849 | -49,305 | 217,838 | ||
| Other Short Term Loans | -3,401,497 | 1,846,284 | 2,080,127 | -248,442 | 239,015 | -157,529 | 166,956 | |||||||
| Long term loans | -1,795,236 | -106,498 | -1,743,412 | 1,529,781 | -102,305 | 2,217,670 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -174,589 | -1,654 | -2,149,108 | -67,808 | 145,416 | -40,291 | -40,866 | 8 | -42 | |||||
| cash flow from financing | -117,815 | 3,587,340 | 9,533,305 | -227,811 | 1,467,674 | -557,593 | 2,195,830 | -503,503 | 1,269,243 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -873,307 | 1,607,591 | -3,557,236 | 2,164,593 | -224,475 | 455,664 | -46,512 | 1,288,687 | 409,440 | 562,541 | 89,237 | -59,181 | 48,168 | 118,299 |
| overdraft | -5,523 | 5,523 | ||||||||||||
| change in cash | -873,307 | 1,613,114 | -3,562,759 | 2,164,593 | -224,475 | 455,664 | -46,512 | 1,288,687 | 409,440 | 562,541 | 89,237 | -59,181 | 48,168 | 118,299 |
net world sports limited Credit Report and Business Information
Net World Sports Limited Competitor Analysis
Perform a competitor analysis for net world sports limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in LL13 area or any other competitors across 12 key performance metrics.
net world sports limited Ownership
NET WORLD SPORTS LIMITED group structure
Net World Sports Limited has no subsidiary companies.
Ultimate parent company
NET WORLD SPORTS LIMITED
06899671
net world sports limited directors
Net World Sports Limited currently has 5 directors. The longest serving directors include Mr Per Loven (May 2009) and Mr Alex Loven (May 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Per Loven | 72 years | May 2009 | - | Director | |
| Mr Alex Loven | Wales | 37 years | May 2009 | - | Director |
| Mrs Caroline Loven | Wales | 69 years | Mar 2011 | - | Director |
| Ms Amy Chadwick | United Kingdom | 30 years | Oct 2022 | - | Director |
| Mr John Hughes | United Kingdom | 36 years | Oct 2022 | - | Director |
P&L
September 2023turnover
77.8m
+21%
operating profit
10.7m
-21%
gross margin
34%
+4.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
49.9m
+0.32%
total assets
78.2m
+0.2%
cash
2m
-0.31%
net assets
Total assets minus all liabilities
net world sports limited company details
company number
06899671
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
DAINS AUDIT LIMITED
address
net world sports bryn lane, wrexham industrial estate, wrexham, clwyd, LL13 9UT
Bank
-
Legal Advisor
-
net world sports 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 net world sports limited. Currently there are 2 open charges and 1 have been satisfied in the past.
net world sports 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 NET WORLD SPORTS LIMITED. This can take several minutes, an email will notify you when this has completed.
net world sports limited Companies House Filings - See Documents
| date | description | view/download |
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