nameco (no. 1016) limited

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nameco (no. 1016) limited Company Information

Share NAMECO (NO. 1016) LIMITED

Company Number

07640964

Directors

Roger Barnes

Shareholders

roger henry barnes

Group Structure

View All

Industry

Life reinsurance

 +3

Registered Address

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

nameco (no. 1016) limited Estimated Valuation

£595.1k

Pomanda estimates the enterprise value of NAMECO (NO. 1016) LIMITED at £595.1k based on a Turnover of £995.6k and 0.6x industry multiple (adjusted for size and gross margin).

nameco (no. 1016) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of NAMECO (NO. 1016) LIMITED at £1.5m based on an EBITDA of £203.1k and a 7.5x industry multiple (adjusted for size and gross margin).

nameco (no. 1016) limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of NAMECO (NO. 1016) LIMITED at £1.3m based on Net Assets of £760.3k and 1.69x industry multiple (adjusted for liquidity).

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Nameco (no. 1016) Limited Overview

Nameco (no. 1016) Limited is a live company located in london, EC3V 0BT with a Companies House number of 07640964. It operates in the life insurance sector, SIC Code 65110. Founded in May 2011, it's largest shareholder is roger henry barnes with a 100% stake. Nameco (no. 1016) Limited is a established, small sized company, Pomanda has estimated its turnover at £995.6k with healthy growth in recent years.

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Nameco (no. 1016) Limited Health Check

Pomanda's financial health check has awarded Nameco (No. 1016) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

2 Strong

positive_score

6 Regular

positive_score

2 Weak

size

Size

annual sales of £995.6k, make it smaller than the average company (£1.4m)

£995.6k - Nameco (no. 1016) Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.6%)

11% - Nameco (no. 1016) Limited

9.6% - 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. 1016) Limited

99.9% - Industry AVG

profitability

Profitability

an operating margin of 20.4% make it more profitable than the average company (13.7%)

20.4% - Nameco (no. 1016) Limited

13.7% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (16)

7 - Nameco (no. 1016) Limited

16 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1016) Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.2k, this is equally as efficient (£162.3k)

£142.2k - Nameco (no. 1016) Limited

£162.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 238 days, this is near the average (199 days)

238 days - Nameco (no. 1016) Limited

199 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 106928 days, this is slower than average (254 days)

106928 days - Nameco (no. 1016) Limited

254 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1016) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (15 weeks)

15 weeks - Nameco (no. 1016) Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.8%, this is a similar level of debt than the average (85.3%)

77.8% - Nameco (no. 1016) Limited

85.3% - Industry AVG

NAMECO (NO. 1016) LIMITED financials

EXPORTms excel logo

Nameco (No. 1016) Limited's latest turnover from December 2023 is £995.6 thousand and the company has net assets of £760.3 thousand. According to their latest financial statements, we estimate that Nameco (No. 1016) Limited has 7 employees and maintains cash reserves of £109.9 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 2011
Turnover995,617871,930727,076721,829713,940639,941558,908457,827393,496382,494368,308184,0930
Other Income Or Grants0000000000000
Cost Of Sales771176,469149,638148,200127,464125,305119,994104,546103,638107,038183,91222,4050
Gross Profit994,846695,461577,438573,629586,476514,636438,914353,281289,858275,456184,396161,6880
Admin Expenses791,723729,690490,035522,496522,152532,228477,856319,635254,423259,254159,834182,0148,865
Operating Profit203,123-34,22987,40351,13364,324-17,592-38,94233,64635,43516,20224,562-20,326-8,865
Interest Payable00024968849075000000
Interest Receivable4,9952,38618384782989594192206227224800
Pre-Tax Profit211,023-48,82679,11441,66361,327-25,138-49,61130,91933,76016,90319,480-32,252-8,865
Tax-54,93416,983-8,169-378-9,1498,04511,188-3,849-5,247-3,924-39512,0060
Profit After Tax156,089-31,84370,94541,28552,178-17,093-38,42327,07028,51312,97919,085-20,246-8,865
Dividends Paid0000000000000
Retained Profit156,089-31,84370,94541,28552,178-17,093-38,42327,07028,51312,97919,085-20,246-8,865
Employee Costs00000000000143,30876,907
Number Of Employees7644543333321
EBITDA*203,123-34,22987,40351,13364,324-17,592-38,94233,64635,43516,20224,562-20,326-8,865

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets1,998,4461,867,4501,501,3831,369,7101,203,518498,4911,076,8441,038,844848,025828,702411,024197,9110
Intangible Assets6,5094,1659,63811,73615,3227,0187,8558,58530,61659,25686,290114,910140,950
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets2,004,9551,871,6151,511,0211,381,4461,218,840505,5091,084,6991,047,429878,641887,958497,314312,821140,950
Stock & work in progress0000000000000
Trade Debtors650,612654,118533,071481,344422,200453,123339,514315,679261,325249,075175,650118,4430
Group Debtors0000000000000
Misc Debtors0000000000000
Cash109,87080,43155,93190,75878,214130,216133,594103,95649,32933,23357,41532,0560
misc current assets11,2768,2256,0117,3576,3166,0264,5763,2082,3282,4849447020
total current assets1,418,3621,419,1141,365,6101,394,2971,196,5651,182,549983,842915,121743,226712,179566,757529,972352,220
total assets3,423,3173,290,7292,876,6312,775,7432,415,4051,688,0582,068,5411,962,5501,621,8671,600,1371,064,071842,793493,170
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 225,883232,874170,844188,377161,770200,712141,919112,21694,89991,53050,09932,6910
Group/Directors Accounts0000000000000
other short term finances00018,15112,2342,296000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities372,573338,528276,375369,795246,627330,312234,923235,669183,223678,772601,358559,136502,034
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities2,290,4542,344,7141,958,2371,834,6941,640,8611,537,3841,339,5161,193,094939,998913,539472,738312,7670
total liabilities2,663,0272,683,2422,234,6122,204,4891,887,4881,867,6961,574,4391,428,7631,123,2211,592,3111,074,096871,903502,034
net assets760,290607,487642,019571,254527,917-179,638494,102533,787498,6467,826-10,025-29,110-8,864
total shareholders funds760,290607,487642,019571,254527,917471,660494,102533,787498,6467,826-10,025-29,110-8,864
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit203,123-34,22987,40351,13364,324-17,592-38,94233,64635,43516,20224,562-20,326-8,865
Depreciation0000000000000
Amortisation0000000000000
Tax-54,93416,983-8,169-378-9,1498,04511,188-3,849-5,247-3,924-39512,0060
Stock0000000000000
Debtors-3,506121,04751,72759,144-30,923113,60923,83554,35412,25073,42557,207118,4430
Creditors-6,99162,030-17,53326,607-38,94258,79329,70317,3173,36941,43117,40832,6910
Accruals and Deferred Income0000000000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations144,704-76,2639,97418,21847,156-64,363-21,886-7,24021,307-19,716-15,632-94,072-8,865
Investing Activities
capital expenditure-133,340-360,594-129,575-162,606-713,331579,190-37,270-168,7889,317-390,644-184,493-171,871-140,950
Change in Investments0000000000000
cash flow from investments-133,340-360,594-129,575-162,606-713,331579,190-37,270-168,7889,317-390,644-184,493-171,871-140,950
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 00-1-8,150-4,0839,9382,296000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue-3,286-2,689-1802,0524,079-5,349-1,2628,071462,3074,872001
interest4,9952,386183-16594499519192206227224800
cash flow from financing1,709-3032-6,263905,0881,5538,263462,5135,099224801
cash and cash equivalents
cash29,43924,500-34,82712,544-52,002-3,37829,63854,62716,096-24,18225,35932,0560
overdraft0000000000000
change in cash29,43924,500-34,82712,544-52,002-3,37829,63854,62716,096-24,18225,35932,0560

nameco (no. 1016) 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. 1016) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nameco (no. 1016) 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. 1016) limited Ownership

NAMECO (NO. 1016) LIMITED group structure

Nameco (No. 1016) Limited has no subsidiary companies.

Ultimate parent company

2 parents

NAMECO (NO. 1016) LIMITED

07640964

NAMECO (NO. 1016) LIMITED Shareholders

roger henry barnes 100%

nameco (no. 1016) limited directors

Nameco (No. 1016) Limited currently has 1 director, Mr Roger Barnes serving since Jun 2011.

officercountryagestartendrole
Mr Roger BarnesEngland79 years Jun 2011- Director

P&L

December 2023

turnover

995.6k

+14%

operating profit

203.1k

0%

gross margin

100%

+25.28%

turnover

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

Balance Sheet

December 2023

net assets

760.3k

+0.25%

total assets

3.4m

+0.04%

cash

109.9k

+0.37%

net assets

Total assets minus all liabilities

nameco (no. 1016) limited company details

company number

07640964

Type

Private limited with Share Capital

industry

65201 - Life reinsurance

65110 - Life insurance

65120 - Non-life insurance

incorporation date

May 2011

age

14

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. 1016) 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 8 charges/mortgages relating to nameco (no. 1016) limited. Currently there are 8 open charges and 0 have been satisfied in the past.

nameco (no. 1016) 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. 1016) limited Companies House Filings - See Documents

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