nomadic projects limited

nomadic projects limited Company Information

Share NOMADIC PROJECTS LIMITED
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EstablishedMicroHealthy

Company Number

06987232

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Shareholders

edward musgrave kershaw

william thomas hardman

Group Structure

View All

Contact

Registered Address

enterprise house, 97 alderley road, wilmslow, cheshire, SK9 1PT

Website

-

nomadic projects limited Estimated Valuation

£289.9k

Pomanda estimates the enterprise value of NOMADIC PROJECTS LIMITED at £289.9k based on a Turnover of £485.4k and 0.6x industry multiple (adjusted for size and gross margin).

nomadic projects limited Estimated Valuation

£79.7k

Pomanda estimates the enterprise value of NOMADIC PROJECTS LIMITED at £79.7k based on an EBITDA of £18.1k and a 4.4x industry multiple (adjusted for size and gross margin).

nomadic projects limited Estimated Valuation

£92.3k

Pomanda estimates the enterprise value of NOMADIC PROJECTS LIMITED at £92.3k based on Net Assets of £42k and 2.2x industry multiple (adjusted for liquidity).

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Nomadic Projects Limited Overview

Nomadic Projects Limited is a live company located in wilmslow, SK9 1PT with a Companies House number of 06987232. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2009, it's largest shareholder is edward musgrave kershaw with a 70% stake. Nomadic Projects Limited is a established, micro sized company, Pomanda has estimated its turnover at £485.4k with healthy growth in recent years.

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Nomadic Projects Limited Health Check

Pomanda's financial health check has awarded Nomadic Projects Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £485.4k, make it smaller than the average company (£2.9m)

£485.4k - Nomadic Projects Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7%)

14% - Nomadic Projects Limited

7% - Industry AVG

production

Production

with a gross margin of 45%, this company has a comparable cost of product (45%)

45% - Nomadic Projects Limited

45% - Industry AVG

profitability

Profitability

an operating margin of 2.9% make it less profitable than the average company (5.7%)

2.9% - Nomadic Projects Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (23)

2 - Nomadic Projects Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - Nomadic Projects Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £242.7k, this is more efficient (£124.5k)

£242.7k - Nomadic Projects Limited

£124.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (56 days)

69 days - Nomadic Projects Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 111 days, this is slower than average (31 days)

111 days - Nomadic Projects Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 157 days, this is more than average (30 days)

157 days - Nomadic Projects Limited

30 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (25 weeks)

8 weeks - Nomadic Projects Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (53%)

91.4% - Nomadic Projects Limited

53% - Industry AVG

NOMADIC PROJECTS LIMITED financials

EXPORTms excel logo

Nomadic Projects Limited's latest turnover from December 2023 is estimated at £485.4 thousand and the company has net assets of £42 thousand. According to their latest financial statements, Nomadic Projects Limited has 2 employees and maintains cash reserves of £69.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Aug 2011Aug 2010
Turnover485,435301,047358,180325,325210,17726,476813,225821,891445,277284,512199,54455,1077,7160
Other Income Or Grants00000000000000
Cost Of Sales267,027170,288205,459183,535117,92714,919447,632433,976236,136151,129105,52929,1383,7370
Gross Profit218,408130,758152,721141,79092,25011,557365,593387,915209,140133,38494,01525,9693,9790
Admin Expenses204,295106,286142,450183,65742,5321,517383,561407,403173,553135,03384,57720,8881,6690
Operating Profit14,11324,47210,271-41,86749,71810,040-17,968-19,48835,587-1,6499,4385,0812,3100
Interest Payable3,3613,7662,9521,5250000000000
Interest Receivable2,180597162602252833342994531851237080
Pre-Tax Profit12,93221,3027,481-43,33249,94310,323-17,634-19,18936,040-1,4649,5615,1512,3180
Tax-3,233-4,047-1,4210-9,489-1,96100-7,2080-2,199-1,236-6030
Profit After Tax9,69917,2556,060-43,33240,4548,362-17,634-19,18928,832-1,4647,3623,9151,7150
Dividends Paid00000000000000
Retained Profit9,69917,2556,060-43,33240,4548,362-17,634-19,18928,832-1,4647,3623,9151,7150
Employee Costs106,008101,54397,43895,08495,35246,228313,768307,513177,414131,11085,04440,85738,6060
Number Of Employees22222177432110
EBITDA*18,10828,46714,171-37,91851,03411,795-4,846-6,25348,5763,8189,5325,3612,5930

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Aug 2011Aug 2010
Tangible Assets2,8196,81410,52511,7333,9495,2657,02020,14233,37720,6861912855650
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets2,8196,81410,52511,7333,9495,2657,02020,14233,37720,6861912855650
Stock & work in progress115,037247,920176,45078,131117,590270119,644119,64456,06173,62024,864000
Trade Debtors92,96025,45338,01246,612000008,02203,50000
Group Debtors3,4023,4023,40213,4020000000000
Misc Debtors202,192166,150130,021131,63994,262129,36300000000
Cash69,72313,33920,770109,14710,50949,52825,983107,607131,87049,43424,45324,9343,0870
misc current assets00000000000000
total current assets483,314456,264368,655378,931222,361179,161145,627227,251187,931131,07649,31728,4343,0870
total assets486,133463,078379,180390,664226,310184,426152,647247,393221,308151,76249,50828,7193,6520
Bank overdraft00000000000000
Bank loan10,1399,8919,53600000000000
Trade Creditors 81,75460,27997,11663,5851,1485,016000140,22436,50623,0871,9350
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities337,405335,633222,507268,048140,241128,793110,392187,504128,39300000
total current liabilities429,298405,803329,159331,633141,389133,809110,392187,504128,393140,22436,50623,0871,9350
loans14,79024,92934,93050,0000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000032,55838,70838,70838,70852,54500000
provisions00000000000000
total long term liabilities14,79024,92934,93050,00032,55838,70838,70838,70852,54500000
total liabilities444,088430,732364,089381,633173,947172,517149,100226,212180,938140,22436,50623,0871,9350
net assets42,04532,34615,0919,03152,36311,9093,54721,18140,37011,53813,0025,6321,7170
total shareholders funds42,04532,34615,0919,03152,36311,9093,54721,18140,37011,53813,0025,6321,7170
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Aug 2011Aug 2010
Operating Activities
Operating Profit14,11324,47210,271-41,86749,71810,040-17,968-19,48835,587-1,6499,4385,0812,3100
Depreciation3,9953,9953,9003,9491,3161,75513,12213,23512,9895,467942802830
Amortisation00000000000000
Tax-3,233-4,047-1,4210-9,489-1,96100-7,2080-2,199-1,236-6030
Stock-132,88371,47098,319-39,459117,320-119,374063,583-17,55948,75624,864000
Debtors103,54923,570-20,21897,391-35,101129,36300-8,0228,022-3,5003,50000
Creditors21,475-36,83733,53162,437-3,8685,01600-140,224103,71813,41921,1521,9350
Accruals and Deferred Income1,772113,126-45,541127,80711,44818,401-77,11259,111128,39300000
Deferred Taxes & Provisions00000000000000
Cash flow from operations67,4565,669-77,36194,394-33,09423,262-81,958-10,72555,11850,758-61221,7773,9250
Investing Activities
capital expenditure0-284-2,692-11,7330000-25,680-25,96200-8480
Change in Investments00000000000000
cash flow from investments0-284-2,692-11,7330000-25,680-25,96200-8480
Financing Activities
Bank loans2483559,53600000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-10,139-10,001-15,07050,0000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000-32,558-6,15000-13,83752,54500000
share issue00000000008020
interest-1,181-3,169-2,790-1,4652252833342994531851237080
cash flow from financing-11,072-12,815-8,32415,977-5,925283334-13,53852,99818513170100
cash and cash equivalents
cash56,384-7,431-88,37798,638-39,01923,545-81,624-24,26382,43624,981-48121,8473,0870
overdraft00000000000000
change in cash56,384-7,431-88,37798,638-39,01923,545-81,624-24,26382,43624,981-48121,8473,0870

nomadic projects limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nomadic Projects Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nomadic projects limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SK9 area or any other competitors across 12 key performance metrics.

nomadic projects limited Ownership

NOMADIC PROJECTS LIMITED group structure

Nomadic Projects Limited has no subsidiary companies.

Ultimate parent company

NOMADIC PROJECTS LIMITED

06987232

NOMADIC PROJECTS LIMITED Shareholders

edward musgrave kershaw 70%
william thomas hardman 30%

nomadic projects limited directors

Nomadic Projects Limited currently has 2 directors. The longest serving directors include Mr Edward Kershaw (Aug 2009) and Mr William Hardman (Jul 2013).

officercountryagestartendrole
Mr Edward KershawEngland54 years Aug 2009- Director
Mr William HardmanEngland41 years Jul 2013- Director

P&L

December 2023

turnover

485.4k

+61%

operating profit

14.1k

0%

gross margin

45%

+3.59%

turnover

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

Balance Sheet

December 2023

net assets

42k

+0.3%

total assets

486.1k

+0.05%

cash

69.7k

+4.23%

net assets

Total assets minus all liabilities

nomadic projects limited company details

company number

06987232

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

August 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

enterprise house, 97 alderley road, wilmslow, cheshire, SK9 1PT

Bank

-

Legal Advisor

-

nomadic projects 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 nomadic projects limited.

nomadic projects 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.

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nomadic projects limited Companies House Filings - See Documents

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