nameco (no. 974) limited

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nameco (no. 974) limited Company Information

Share NAMECO (NO. 974) LIMITED

Company Number

07013047

Shareholders

michael ulic anthony alen-buckley

Group Structure

View All

Industry

Non-life insurance

 +2

Registered Address

5th floor 40 gracechurch street, london, EC3V 0BT

nameco (no. 974) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NAMECO (NO. 974) LIMITED at £0 based on a Turnover of £1.1m and 0x industry multiple (adjusted for size and gross margin).

nameco (no. 974) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NAMECO (NO. 974) LIMITED at £0 based on an EBITDA of £150.6k and a 0x industry multiple (adjusted for size and gross margin).

nameco (no. 974) limited Estimated Valuation

£854.7k

Pomanda estimates the enterprise value of NAMECO (NO. 974) LIMITED at £854.7k based on Net Assets of £505.1k and 1.69x industry multiple (adjusted for liquidity).

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Nameco (no. 974) Limited Overview

Nameco (no. 974) Limited is a live company located in london, EC3V 0BT with a Companies House number of 07013047. It operates in the life insurance sector, SIC Code 65110. Founded in September 2009, it's largest shareholder is michael ulic anthony alen-buckley with a 100% stake. Nameco (no. 974) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.

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Nameco (no. 974) Limited Health Check

Pomanda's financial health check has awarded Nameco (No. 974) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

1 Strong

positive_score

7 Regular

positive_score

2 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£1.6m)

£1.1m - Nameco (no. 974) Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8%)

8% - Nameco (no. 974) Limited

8% - Industry AVG

production

Production

with a gross margin of 99.9%, this company has a comparable cost of product (99.9%)

99.9% - Nameco (no. 974) Limited

99.9% - Industry AVG

profitability

Profitability

an operating margin of 13.8% make it as profitable than the average company (13.6%)

13.8% - Nameco (no. 974) Limited

13.6% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (17)

7 - Nameco (no. 974) Limited

17 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 974) Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £156.3k, this is equally as efficient (£171.9k)

£156.3k - Nameco (no. 974) Limited

£171.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 192 days, this is near the average (194 days)

192 days - Nameco (no. 974) Limited

194 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79585 days, this is slower than average (335 days)

79585 days - Nameco (no. 974) Limited

335 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 974) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (16 weeks)

17 weeks - Nameco (no. 974) Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.6%, this is a similar level of debt than the average (84.5%)

86.6% - Nameco (no. 974) Limited

84.5% - Industry AVG

NAMECO (NO. 974) LIMITED financials

EXPORTms excel logo

Nameco (No. 974) Limited's latest turnover from December 2023 is £1.1 million and the company has net assets of £505.1 thousand. According to their latest financial statements, we estimate that Nameco (No. 974) Limited has 7 employees and maintains cash reserves of £132.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,094,350997,106816,401879,0131,093,7121,357,9431,511,3581,532,6731,386,8251,477,7941,547,4351,297,7951,098,161582,146
Other Income Or Grants
Cost Of Sales1,1532,1465,8944,86411,59939,67232,70758,477119,519157,280603,592205,158181,754108,469
Gross Profit1,093,197994,960810,507874,1491,082,1131,318,2711,478,6511,474,1961,267,3061,320,514943,8431,092,637916,407473,677
Admin Expenses942,589999,405769,581885,514962,0671,168,0081,547,3011,165,4451,201,8771,282,676867,2401,036,0071,074,591574,119180
Operating Profit150,608-4,44540,926-11,365120,046150,263-68,650308,75165,42937,83876,60356,630-158,184-100,442-180
Interest Payable5441,6271,282247
Interest Receivable7,4993,9552612262,5522,21399343881870160238232125545
Pre-Tax Profit165,982-2236,8348,25090,761155,473-87,905297,04668,79444,77478,94056,590-195,740-126,854-135
Tax-47,402-468-3,473-19,9337,226-33,00620,001-49,695-15,796-14,328-19,492-13,26137,87726,667
Profit After Tax118,580-49033,361-11,68397,987122,467-67,904247,35152,99830,44659,44843,329-157,863-100,187-135
Dividends Paid
Retained Profit118,580-49033,361-11,68397,987122,467-67,904247,35152,99830,44659,44843,329-157,863-100,187-135
Employee Costs310,056
Number Of Employees77668911111111121095
EBITDA*150,608-4,44540,926-11,365120,046150,263-68,650308,75165,42937,83876,60356,630-158,184-100,442-180

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,665,5472,476,1482,057,6782,373,5662,515,3351,238,5443,386,9303,655,5953,186,3943,077,2062,775,6562,584,0701,195,760529,624
Intangible Assets-14,76311,61917,21832,159117,395216,287255,917328,644381,687
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,665,5472,476,1482,057,6782,373,5662,515,3351,238,5433,391,6933,667,2143,203,6123,109,3652,893,0512,800,3571,451,677858,268381,687
Stock & work in progress
Trade Debtors576,166586,847499,009553,959593,1961,006,755950,2351,107,926941,091862,636741,073614,291391,765338,057
Group Debtors
Misc Debtors
Cash132,634153,04672,933135,706316,768363,785226,304171,004179,523147,784132,715108,07844,60483,98218,178
misc current assets13,53610,0176,52412,30113,04516,57016,67312,69911,57215,40110,9598,8958,3563,210
total current assets1,093,5641,157,8481,106,9291,289,0281,510,4372,206,2461,837,2612,001,0791,879,5141,746,9431,682,5551,350,129903,554551,73618,178
total assets3,759,1113,633,9963,164,6073,662,5944,025,7723,444,7895,228,9545,668,2935,083,1264,856,3084,575,6064,150,4862,355,2311,410,004399,865
Bank overdraft
Bank loan
Trade Creditors 251,321265,151194,683265,935269,982414,080355,093351,986297,236265,172236,889284,916135,70194,341
Group/Directors Accounts
other short term finances17,83030,3767,598
hp & lease commitments
other current liabilities
total current liabilities401,425386,851321,702377,199466,155867,629694,795818,7511,233,5001,235,0951,273,5911,215,284888,211563,991399,999
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities2,852,6352,857,5472,452,9842,928,2643,191,5194,283,9874,381,3264,624,0183,898,7933,730,7213,457,4223,150,0571,725,204946,334
total liabilities3,254,0603,244,3982,774,6863,305,4633,657,6745,151,6165,076,1215,442,7695,132,2934,965,8164,731,0134,365,3412,613,4151,510,325399,999
net assets505,051389,598389,921357,131368,098-1,706,827152,833225,524-49,167-109,508-155,407-214,855-258,184-100,321-134
total shareholders funds505,051389,598389,921357,131368,098261,086152,833225,524-49,167-109,508-155,407-214,855-258,184-100,321-134
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit150,608-4,44540,926-11,365120,046150,263-68,650308,75165,42937,83876,60356,630-158,184-100,442-180
Depreciation
Amortisation
Tax-47,402-468-3,473-19,9337,226-33,00620,001-49,695-15,796-14,328-19,492-13,26137,87726,667
Stock
Debtors-10,68187,838-54,950-39,237-413,55956,520-157,691166,83578,455121,563126,782222,52653,708338,057
Creditors-13,83070,468-71,252-4,047-144,09858,9873,10754,75032,06428,283-48,027149,21541,36094,341
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations100,057-22,28321,1513,892396,733119,724112,149146,9713,242-69,770-117,698-29,942-132,655-317,491-180
Investing Activities
capital expenditure-189,399-418,470315,888141,769-1,276,7922,153,150275,521-463,602-94,247-216,314-92,694-1,348,680-593,409-476,581-381,687
Change in Investments
cash flow from investments-189,399-418,470315,888141,769-1,276,7922,153,150275,521-463,602-94,247-216,314-92,694-1,348,680-593,409-476,581-381,687
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -17,830-12,54622,7787,598
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-3,127167-5717169,025-14,214-4,78727,3407,34315,4531
interest7,4993,955261-31892593174643881870160238232125545
cash flow from financing4,3724,122-310-17,432-2,5969,4953,55727,7788,16116,15460238232125546
cash and cash equivalents
cash-20,41280,113-62,773-181,062-47,017137,48155,300-8,51931,73915,06924,63763,474-39,37865,80418,178
overdraft
change in cash-20,41280,113-62,773-181,062-47,017137,48155,300-8,51931,73915,06924,63763,474-39,37865,80418,178

nameco (no. 974) 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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Nameco (no. 974) Limited Competitor Analysis

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Perform a competitor analysis for nameco (no. 974) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.

nameco (no. 974) limited Ownership

NAMECO (NO. 974) LIMITED group structure

Nameco (No. 974) Limited has no subsidiary companies.

Ultimate parent company

2 parents

NAMECO (NO. 974) LIMITED

07013047

NAMECO (NO. 974) LIMITED Shareholders

michael ulic anthony alen-buckley 100%

nameco (no. 974) limited directors

Nameco (No. 974) Limited currently has 2 directors. The longest serving directors include Mr Michael Alen-Buckley (Jan 2010) and Mr Mark Tottman (Jul 2023).

officercountryagestartendrole
Mr Michael Alen-BuckleyUnited Kingdom67 years Jan 2010- Director
Mr Mark TottmanEngland60 years Jul 2023- Director

P&L

December 2023

turnover

1.1m

+10%

operating profit

150.6k

0%

gross margin

99.9%

+0.11%

turnover

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

Balance Sheet

December 2023

net assets

505.1k

+0.3%

total assets

3.8m

+0.03%

cash

132.6k

-0.13%

net assets

Total assets minus all liabilities

nameco (no. 974) limited company details

company number

07013047

Type

Private limited with Share Capital

industry

65110 - Life insurance

65120 - Non-life insurance

65202 - Non-life reinsurance

incorporation date

September 2009

age

16

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PKF LITTLEJOHN LLP

address

5th floor 40 gracechurch street, london, EC3V 0BT

Bank

-

Legal Advisor

-

nameco (no. 974) 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 10 charges/mortgages relating to nameco (no. 974) limited. Currently there are 10 open charges and 0 have been satisfied in the past.

nameco (no. 974) 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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nameco (no. 974) limited Companies House Filings - See Documents

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