Nm Carpets Ltd

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nm carpets ltd Company Information

Live

EstablishedSmallDeclining

Company Number

07684010

Website

Registered Address

horizon house 2, whiting street, sheffield, S8 9QR

Industry

Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Telephone

02476320333

Next Accounts Due

December 2024

Group Structure

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Directors

Norman MacKie11 Years

Shareholders

norman mackie 100%

nm carpets ltd Estimated Valuation

£737.1k

Pomanda estimates the enterprise value of NM CARPETS LTD at £737.1k based on Net Assets of £253.6k and 2.91x industry multiple (adjusted for liquidity).

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Nm Carpets Ltd is a live company located in sheffield, S8 9QR with a Companies House number of 07684010. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in June 2011, it's largest shareholder is norman mackie with a 100% stake. Nm Carpets Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Pomanda's financial health check has awarded Nm Carpets Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

7 Weak

Size

annual sales of £1.1m, make it smaller than the average company (£1.9m)

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.2%)

EXPORT

Nm Carpets Ltd's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £253.6 thousand. According to their latest financial statements, Nm Carpets Ltd has 17 employees and maintains cash reserves of £215.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Turnover	1,069,008	1,071,744	998,241	1,278,143	1,354,731	754,115	988,685	357,748	693,789	483,879	677,964
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	607,102	649,316	617,743	775,870	841,380	484,593	632,278	227,902	433,023	303,322	422,814
Gross Profit	461,906	422,428	380,498	502,274	513,351	269,522	356,407	129,846	260,767	180,557	255,150
Admin Expenses	510,534	353,893	154,969	571,538	522,022	194,463	287,236	108,092	280,332	152,580	256,964
Operating Profit	-48,628	68,535	225,529	-69,264	-8,671	75,059	69,171	21,754	-19,565	27,977	-1,814
Interest Payable	3,801	3,108	1,525	0	0	0	0	0	0	0	0
Interest Receivable	11,274	2,128	154	77	787	568	283	456	423	324	79
Pre-Tax Profit	-41,155	67,556	224,158	-69,187	-7,884	75,627	69,454	22,210	-19,142	28,301	-1,735
Tax	0	-12,836	-42,590	0	0	-14,369	-13,891	-4,442	0	-6,509	0
Profit After Tax	-41,155	54,720	181,568	-69,187	-7,884	61,258	55,563	17,768	-19,142	21,792	-1,735
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-41,155	54,720	181,568	-69,187	-7,884	61,258	55,563	17,768	-19,142	21,792	-1,735
Employee Costs	518,058	509,687	479,114	550,299	538,508	153,252	177,050	74,978	125,482	99,623	115,276
Number Of Employees	17	19	19	20	20	6	7	3	5	4	5
EBITDA*	33,878	82,075	235,593	-57,554	2,446	84,995	78,835	30,710	-14,997	29,226	-1,606

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Tangible Assets	46,402	22,775	2,063	4,291	8,165	5,947	5,797	1,462	2,874	3,538	4,787
Intangible Assets	76,295	20,547	28,383	36,219	44,055	51,890	59,726	67,562	40,106	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	122,697	43,322	30,446	40,510	52,220	57,837	65,523	69,024	42,980	3,538	4,787
Stock & work in progress	389,386	346,572	368,196	344,065	388,256	453,091	349,573	166,133	158,226	82,045	94,635
Trade Debtors	752	752	5,614	6,758	6,217	3,560	5,218	3,871	8,840	12,447	29,667
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	12,507	13,858	27,979	13,671	13,795	12,277	61,877	13,943	0	0	0
Cash	215,759	314,773	252,734	55,659	97,420	112,460	114,778	111,262	71,218	98,105	31,573
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	618,404	675,955	654,523	420,153	505,688	581,388	531,446	295,209	238,284	192,597	155,875
total assets	741,101	719,277	684,969	460,663	557,908	639,225	596,969	364,233	281,264	196,135	160,662
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	164,818	153,569	103,142	157,395	192,807	188,014	291,619	89,872	280,347	176,076	162,395
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	290,632	228,902	291,824	244,833	237,479	315,705	231,102	255,676	0	0	0
total current liabilities	455,450	382,471	394,966	402,228	430,286	503,719	522,721	345,548	280,347	176,076	162,395
loans	32,083	42,083	50,000	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	32,083	42,083	50,000	0	0	0	0	0	0	0	0
total liabilities	487,533	424,554	444,966	402,228	430,286	503,719	522,721	345,548	280,347	176,076	162,395
net assets	253,568	294,723	240,003	58,435	127,622	135,506	74,248	18,685	917	20,059	-1,733
total shareholders funds	253,568	294,723	240,003	58,435	127,622	135,506	74,248	18,685	917	20,059	-1,733

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Nov 2012
Operating Activities
Operating Profit	-48,628	68,535	225,529	-69,264	-8,671	75,059	69,171	21,754	-19,565	27,977	-1,814	0
Depreciation	10,443	5,704	2,228	3,874	3,282	2,100	1,828	1,412	1,316	1,249	208	0
Amortisation	72,063	7,836	7,836	7,836	7,835	7,836	7,836	7,544	3,252	0	0	0
Tax	0	-12,836	-42,590	0	0	-14,369	-13,891	-4,442	0	-6,509	0	0
Stock	42,814	-21,624	24,131	-44,191	-64,835	103,518	183,440	7,907	76,181	-12,590	94,635	0
Debtors	-1,351	-18,983	13,164	417	4,175	-51,258	49,281	8,974	-3,607	-17,220	29,667	0
Creditors	11,249	50,427	-54,253	-35,412	4,793	-103,605	201,747	-190,475	104,271	13,681	162,395	0
Accruals and Deferred Income	61,730	-62,922	46,991	7,354	-78,226	84,603	-24,574	255,676	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	65,394	97,351	148,446	-41,838	-10,327	-636	9,396	74,588	16,700	66,208	36,487	0
Investing Activities
capital expenditure	-161,881	-26,416	0	0	-5,500	-2,250	-6,163	-35,000	-44,010	0	-4,995	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-161,881	-26,416	0	0	-5,500	-2,250	-6,163	-35,000	-44,010	0	-4,995	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-10,000	-7,917	50,000	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	2	0
interest	7,473	-980	-1,371	77	787	568	283	456	423	324	79	0
cash flow from financing	-2,527	-8,897	48,629	77	787	568	283	456	423	324	81	0
cash and cash equivalents
cash	-99,014	62,039	197,075	-41,761	-15,040	-2,318	3,516	40,044	-26,887	66,532	31,573	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-99,014	62,039	197,075	-41,761	-15,040	-2,318	3,516	40,044	-26,887	66,532	31,573	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for nm carpets ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in S 8 area or any other competitors across 12 key performance metrics.

NM CARPETS LTD group structure

Nm Carpets Ltd has no subsidiary companies.

Ultimate parent company

NM CARPETS LTD

07684010

NM CARPETS LTD Shareholders

norman mackie

100%

Nm Carpets Ltd currently has 1 director, Mr Norman MacKie serving since Dec 2012.

officer	country	age	start	end	role
Mr Norman MacKie	United Kingdom	70 years	Dec 2012	-	Director

P&L

March 2023

turnover

1.1m

operating profit

-48.6k

gross margin

43.3%

+9.63%

turnover

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

Balance Sheet

March 2023

net assets

253.6k

-0.14%

total assets

741.1k

+0.03%

cash

215.8k

-0.31%

net assets

Total assets minus all liabilities

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company number

07684010

Type

Private limited with Share Capital

industry

47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores

incorporation date

June 2011

ultimate parent company

None

previous names

bury carpets limited (December 2012)

address

horizon house 2, whiting street, sheffield, S8 9QR

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.

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nm carpets ltd Company Information

nm carpets ltd Estimated Valuation

nm carpets ltd Estimated Valuation

nm carpets ltd Estimated Valuation

Nm Carpets Ltd Overview

Nm Carpets Ltd Health Check

NM CARPETS LTD financials

nm carpets ltd Credit Report and Business Information

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nm carpets ltd Ownership

nm carpets ltd directors

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