Pomanda estimates the enterprise value of NEWDAY LTD at £9.1m based on a Turnover of £8.1m and 1.12x industry multiple (adjusted for size and gross margin).
newday ltdEstimated Valuation
£22.8m
Pomanda estimates the enterprise value of NEWDAY LTD at £22.8m based on an EBITDA of £5.3m and a 4.3x industry multiple (adjusted for size and gross margin).
newday ltdEstimated Valuation
£30.4m
Pomanda estimates the enterprise value of NEWDAY LTD at £30.4m based on Net Assets of £12.8m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Newday LtdOverview
Newday Ltd is a live company located in london, N1C 4DA with a Companies House number of 07297722. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in June 2010, it's largest shareholder is
newday cards ltd
with a 100% stake. Newday Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£8.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Newday Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
2 Regular
2 Weak
Size
annual sales of £8.1m, make it smaller than the average company (£16.1m)
£8.1m - Newday Ltd
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a slower rate (17.4%)
14% - Newday Ltd
17.4% - Industry AVG
Production
with a gross margin of 17%, this company has a comparable cost of product (17%)
17% - Newday Ltd
17% - Industry AVG
Profitability
an operating margin of 65.6% make it more profitable than the average company (5.3%)
65.6% - Newday Ltd
5.3% - Industry AVG
Employees
with 20 employees, this is above the industry average (16)
20 - Newday Ltd
16 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Newday Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £405k, this is equally as efficient (£425.3k)
£405k - Newday Ltd
£425.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Newday Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Newday Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newday Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 58 weeks, this is more cash available to meet short term requirements (5 weeks)
58 weeks - Newday Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a lower level of debt than the average (100%)
68.2% - Newday Ltd
100% - Industry AVG
NEWDAY LTD financials
EXPORT
Newday Ltd's latest turnover from December 2023 is £8.1 million and the company has net assets of £12.8 million. According to their latest financial statements, we estimate that Newday Ltd has 20 employees and maintains cash reserves of £31 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Turnover
8,100,000
7,500,000
5,900,000
5,500,000
6,100,000
5,600,000
5,400,000
5,467,000
5,227,000
5,362,000
5,438,000
4,021,408
647,424
Other Income Or Grants
Cost Of Sales
6,726,524
6,108,785
4,717,356
4,225,302
4,645,702
3,902,003
2,892,373
2,205,008
Gross Profit
1,373,476
1,391,215
1,182,644
1,274,698
1,454,298
1,697,997
2,507,627
3,261,992
5,227,000
5,362,000
5,438,000
4,021,408
647,424
Admin Expenses
-3,940,774
-2,698,307
-1,966,108
-1,415,251
-3,003,810
-4,390,174
360,890
-446,008
1,680,000
1,367,000
1,618,000
3,441,289
-118,039
Operating Profit
5,314,250
4,089,522
3,148,752
2,689,949
4,458,108
6,088,171
2,146,737
3,708,000
3,547,000
3,995,000
3,820,000
580,119
765,463
Interest Payable
2,000,000
9,000
6,000
68,000
3,090
Interest Receivable
100,000
92,000
88,809
13,060
Pre-Tax Profit
5,100,000
4,000,000
2,600,000
2,200,000
3,800,000
3,800,000
3,400,000
3,699,000
3,547,000
3,989,000
3,844,000
665,838
778,523
Tax
1,300,000
-1,600,000
-21,000
79,659
-79,659
Profit After Tax
5,100,000
4,000,000
2,600,000
2,200,000
3,800,000
5,100,000
1,800,000
3,699,000
3,547,000
3,968,000
3,844,000
745,497
698,864
Dividends Paid
19,500,000
2,200,000
3,950,000
4,881,000
Retained Profit
-14,400,000
4,000,000
2,600,000
2,200,000
3,800,000
5,100,000
1,800,000
1,499,000
-403,000
-913,000
3,844,000
745,497
698,864
Employee Costs
1,060,000
655,877
119,510
Number Of Employees
20
22
19
21
31
34
30
39
38
38
23
16
3
EBITDA*
5,314,250
4,089,522
3,148,752
2,689,949
4,458,108
6,088,171
2,146,737
3,708,000
3,547,000
3,995,000
3,820,000
580,119
765,463
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
2,322,905
1,769,516
Total Fixed Assets
2,322,905
1,769,516
Stock & work in progress
Trade Debtors
Group Debtors
9,000,000
18,500,000
13,900,000
4,900,000
6,800,000
380,756
82,905
Misc Debtors
300,000
300,000
15,900,000
10,700,000
1,000,000
2,159
Cash
31,000,000
25,600,000
22,900,000
26,000,000
26,200,000
36,000,000
19,500,000
10,694,000
9,012,000
7,501,000
2,963,000
3,790,013
3,356,413
misc current assets
200,000
200,000
5,483,000
4,107,000
5,610,000
6,125,000
total current assets
40,300,000
44,400,000
38,800,000
36,700,000
41,100,000
41,100,000
26,500,000
16,177,000
13,119,000
13,111,000
9,088,000
4,170,769
3,441,477
total assets
40,300,000
44,400,000
38,800,000
36,700,000
41,100,000
41,100,000
26,500,000
16,177,000
13,119,000
13,111,000
9,088,000
6,493,674
5,210,993
Bank overdraft
Bank loan
Trade Creditors
2,900,000
1,900,000
2,099,000
Group/Directors Accounts
20,400,000
12,800,000
189,446
other short term finances
hp & lease commitments
other current liabilities
7,100,000
4,400,000
15,600,000
16,100,000
19,800,000
24,600,000
17,000,000
6,365,000
6,905,000
6,494,000
1,558,000
2,617,526
2,505,788
total current liabilities
27,500,000
17,200,000
15,600,000
16,100,000
22,700,000
26,500,000
17,000,000
8,464,000
6,905,000
6,494,000
1,558,000
2,806,972
2,505,788
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
27,500,000
17,200,000
15,600,000
16,100,000
22,700,000
26,500,000
17,000,000
8,464,000
6,905,000
6,494,000
1,558,000
2,806,972
2,505,788
net assets
12,800,000
27,200,000
23,200,000
20,600,000
18,400,000
14,600,000
9,500,000
7,713,000
6,214,000
6,617,000
7,530,000
3,686,702
2,705,205
total shareholders funds
12,800,000
27,200,000
23,200,000
20,600,000
18,400,000
14,600,000
9,500,000
7,713,000
6,214,000
6,617,000
7,530,000
3,686,702
2,705,205
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Operating Activities
Operating Profit
5,314,250
4,089,522
3,148,752
2,689,949
4,458,108
6,088,171
2,146,737
3,708,000
3,547,000
3,995,000
3,820,000
580,119
765,463
Depreciation
Amortisation
Tax
1,300,000
-1,600,000
-21,000
79,659
-79,659
Stock
Debtors
-9,500,000
2,900,000
5,200,000
-4,200,000
10,000,000
-1,900,000
6,800,000
-2,703,661
849,081
1,854,580
Creditors
-2,900,000
1,000,000
1,900,000
-2,099,000
2,099,000
Accruals and Deferred Income
2,700,000
-11,200,000
-500,000
-3,700,000
-4,800,000
7,600,000
10,635,000
-540,000
411,000
4,936,000
-1,059,526
111,738
2,505,788
Deferred Taxes & Provisions
Cash flow from operations
17,514,250
-10,010,478
-2,551,248
289,949
-9,341,892
18,788,171
2,282,737
5,267,000
3,958,000
8,910,000
5,464,135
-77,565
1,337,012
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
7,600,000
12,800,000
-189,446
189,446
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-13,000
-702
236,000
2,006,341
interest
100,000
-2,000,000
-9,000
-6,000
24,000
85,719
13,060
cash flow from financing
7,700,000
12,800,000
-2,013,000
-9,000
-6,000
-166,148
511,165
2,019,401
cash and cash equivalents
cash
5,400,000
2,700,000
-3,100,000
-200,000
-9,800,000
16,500,000
8,806,000
1,682,000
1,511,000
4,538,000
-827,013
433,600
3,356,413
overdraft
change in cash
5,400,000
2,700,000
-3,100,000
-200,000
-9,800,000
16,500,000
8,806,000
1,682,000
1,511,000
4,538,000
-827,013
433,600
3,356,413
newday 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 newday ltd. Get real-time insights into newday ltd's credit score, group structure and payment trends.
Perform a competitor analysis for newday ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in N1C area or any other competitors across 12 key performance metrics.
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
June 2010
age
15
incorporated
UK
ultimate parent company
NEMEAN TOPCO LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
progressive credit limited (April 2014)
accountant
-
auditor
KPMG LLP
address
7 handyside street, london, N1C 4DA
Bank
-
Legal Advisor
SLAUGHTER AND MAY
newday 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 1 charges/mortgages relating to newday ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
newday 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 NEWDAY LTD. This can take several minutes, an email will notify you when this has completed.
