Pomanda estimates the enterprise value of NO WORRIES IT LTD at £15.8k based on a Turnover of £35.9k and 0.44x industry multiple (adjusted for size and gross margin).
no worries it ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NO WORRIES IT LTD at £0 based on an EBITDA of £-7.5k and a 3.24x industry multiple (adjusted for size and gross margin).
no worries it ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NO WORRIES IT LTD at £0 based on Net Assets of £-16.6k and 2.31x industry multiple (adjusted for liquidity).
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No Worries It LtdOverview
No Worries It Ltd is a live company located in rochdale, OL15 9BY with a Companies House number of 07808827. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2011, it's largest shareholder is
mr paul henry woodhead
with a 100% stake. No Worries It Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£35.9k with
low
growth in recent years.
Pomanda's financial health check has awarded No Worries It Ltd a 1.5 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 Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £35.9k, make it smaller than the average company (£3.2m)
£35.9k - No Worries It Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8%)
1% - No Worries It Ltd
8% - Industry AVG
Production
with a gross margin of 26.1%, this company has a higher cost of product (44.8%)
26.1% - No Worries It Ltd
44.8% - Industry AVG
Profitability
an operating margin of -20.9% make it less profitable than the average company (3.7%)
-20.9% - No Worries It Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
1 - No Worries It Ltd
21 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
£49.1k - No Worries It Ltd
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £35.9k, this is less efficient (£125.9k)
£35.9k - No Worries It Ltd
£125.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (45 days)
26 days - No Worries It Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 248 days, this is slower than average (37 days)
248 days - No Worries It Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - No Worries It Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - No Worries It Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 730.7%, this is a higher level of debt than the average (69%)
730.7% - No Worries It Ltd
69% - Industry AVG
NO WORRIES IT LTD financials
EXPORT
No Worries It Ltd's latest turnover from October 2023 is estimated at £35.9 thousand and the company has net assets of -£16.6 thousand. According to their latest financial statements, No Worries It Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Turnover
35,944
28,148
22,753
34,695
27,778
35,474
2
3,505
7,810
6,414
4,989
3,530
Other Income Or Grants
Cost Of Sales
26,577
20,338
15,969
24,468
20,494
26,096
1
2,716
5,747
4,639
3,510
2,351
Gross Profit
9,366
7,811
6,785
10,228
7,283
9,378
790
2,063
1,776
1,479
1,178
Admin Expenses
16,877
14,924
8,815
10,106
2,525
13,700
3,101
-8,749
1,822
3,671
1,980
3,063
Operating Profit
-7,511
-7,113
-2,030
122
4,758
-4,322
-3,101
9,539
241
-1,895
-501
-1,885
Interest Payable
Interest Receivable
5
1
9
11
5
2
1
Pre-Tax Profit
-7,511
-7,108
-2,030
122
4,758
-4,321
-3,092
9,550
246
-1,893
-500
-1,885
Tax
-23
-904
-1,910
-49
Profit After Tax
-7,511
-7,108
-2,030
99
3,854
-4,321
-3,092
7,640
197
-1,893
-500
-1,885
Dividends Paid
Retained Profit
-7,511
-7,108
-2,030
99
3,854
-4,321
-3,092
7,640
197
-1,893
-500
-1,885
Employee Costs
49,119
45,337
45,114
44,920
46,958
44,427
43,240
41,986
43,011
41,920
40,383
40,640
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-7,511
-7,096
-2,008
277
4,947
-4,120
-2,613
9,908
718
-1,409
-305
-1,676
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Tangible Assets
36
50
67
89
244
433
635
1,123
893
1,370
652
848
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
36
50
67
89
244
433
635
1,123
893
1,370
652
848
Stock & work in progress
Trade Debtors
2,588
1,687
252
2,973
436
4,335
1,091
892
Group Debtors
Misc Debtors
185
7,793
7,321
17,500
6,351
4,678
Cash
462
23
5
101
84
7,036
1,649
521
251
160
misc current assets
total current assets
2,588
1,872
8,507
10,317
17,941
10,787
4,762
8,127
1,649
1,413
251
160
total assets
2,624
1,922
8,574
10,406
18,185
11,220
5,397
9,250
2,542
2,783
903
1,008
Bank overdraft
Bank loan
Trade Creditors
18,062
9,849
2
1,698
1,174
1
1
6,622
7,060
3,287
2,892
Group/Directors Accounts
258
177
other short term finances
hp & lease commitments
other current liabilities
10,502
10,306
16,228
13,899
4,928
5,512
total current liabilities
18,062
9,849
10,504
10,306
18,184
15,073
4,929
5,690
6,622
7,060
3,287
2,892
loans
hp & lease commitments
Accruals and Deferred Income
1,112
1,112
other liabilities
provisions
total long term liabilities
1,112
1,112
total liabilities
19,174
10,961
10,504
10,306
18,184
15,073
4,929
5,690
6,622
7,060
3,287
2,892
net assets
-16,550
-9,039
-1,930
100
1
-3,853
468
3,560
-4,080
-4,277
-2,384
-1,884
total shareholders funds
-16,550
-9,039
-1,930
100
1
-3,853
468
3,560
-4,080
-4,277
-2,384
-1,884
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Operating Activities
Operating Profit
-7,511
-7,113
-2,030
122
4,758
-4,322
-3,101
9,539
241
-1,895
-501
-1,885
Depreciation
17
22
155
189
202
488
369
477
486
196
209
Amortisation
Tax
-23
-904
-1,910
-49
Stock
Debtors
716
-6,173
-2,249
-7,642
7,250
6,008
3,587
1,091
-892
892
Creditors
8,213
9,847
2
-1,698
524
1,173
-6,621
-438
3,773
395
2,892
Accruals and Deferred Income
-9,390
196
-5,922
2,329
8,971
-584
5,512
Deferred Taxes & Provisions
Cash flow from operations
-14
-466
439
276
-354
16
-6,784
5,798
1,123
1,472
90
1,216
Investing Activities
capital expenditure
14
-599
-1,204
-1,057
Change in Investments
cash flow from investments
14
-599
-1,204
-1,057
Financing Activities
Bank loans
Group/Directors Accounts
-258
258
-177
177
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
5
1
9
11
5
2
1
cash flow from financing
4
-258
258
1
-168
188
5
2
1
1
cash and cash equivalents
cash
-462
439
18
-96
17
-6,952
5,387
1,128
270
91
160
overdraft
change in cash
-462
439
18
-96
17
-6,952
5,387
1,128
270
91
160
no worries it 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 no worries it ltd. Get real-time insights into no worries it ltd's credit score, group structure and payment trends.
Perform a competitor analysis for no worries it ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in OL15 area or any other competitors across 12 key performance metrics.
no worries it ltd Ownership
NO WORRIES IT LTD group structure
No Worries It Ltd has no subsidiary companies.
Ultimate parent company
NO WORRIES IT LTD
07808827
NO WORRIES IT LTD Shareholders
The sole shareholder of No Worries It Ltd is Mr Paul Henry Woodhead.
mr paul henry woodhead
100%
no worries it ltd directors
No Worries It Ltd currently has 1 director, Mr Paul Woodhead serving since Oct 2011.
62090 - Other information technology and computer service activities
63120 - Web portals
95110 - Repair of computers and peripheral equipment
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
3 nelson street, littleborough, rochdale, lancs, OL15 9BY
Bank
-
Legal Advisor
-
no worries it 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 did not find charges/mortgages relating to no worries it ltd.
no worries it 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.
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no worries it ltdCompanies House Filings - See Documents
