nectar asset management ltd

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nectar asset management ltd Company Information

Share NECTAR ASSET MANAGEMENT LTD

Company Number

07828474

Directors

Peer Borg

Shareholders

prius ejendomsinvest aps

prius kbk aps

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

piccadilly house 49 piccadilly, manchester, M1 2AP

nectar asset management ltd Estimated Valuation

£846.2k

Pomanda estimates the enterprise value of NECTAR ASSET MANAGEMENT LTD at £846.2k based on a Turnover of £367.8k and 2.3x industry multiple (adjusted for size and gross margin).

nectar asset management ltd Estimated Valuation

£23.3m

Pomanda estimates the enterprise value of NECTAR ASSET MANAGEMENT LTD at £23.3m based on an EBITDA of £3.8m and a 6.06x industry multiple (adjusted for size and gross margin).

nectar asset management ltd Estimated Valuation

£6.2m

Pomanda estimates the enterprise value of NECTAR ASSET MANAGEMENT LTD at £6.2m based on Net Assets of £3.4m and 1.82x industry multiple (adjusted for liquidity).

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Nectar Asset Management Ltd Overview

Nectar Asset Management Ltd is a live company located in manchester, M1 2AP with a Companies House number of 07828474. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in October 2011, it's largest shareholder is prius ejendomsinvest aps with a 70% stake. Nectar Asset Management Ltd is a established, micro sized company, Pomanda has estimated its turnover at £367.8k with declining growth in recent years.

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Nectar Asset Management Ltd Health Check

Pomanda's financial health check has awarded Nectar Asset Management Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £367.8k, make it in line with the average company (£413.5k)

£367.8k - Nectar Asset Management Ltd

£413.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.1%)

-11% - Nectar Asset Management Ltd

6.1% - Industry AVG

production

Production

with a gross margin of 58%, this company has a comparable cost of product (58%)

58% - Nectar Asset Management Ltd

58% - Industry AVG

profitability

Profitability

an operating margin of 1046.1% make it more profitable than the average company (7.7%)

1046.1% - Nectar Asset Management Ltd

7.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Nectar Asset Management Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Nectar Asset Management Ltd

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £367.8k, this is more efficient (£101.5k)

£367.8k - Nectar Asset Management Ltd

£101.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (45 days)

93 days - Nectar Asset Management Ltd

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (30 days)

3 days - Nectar Asset Management Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nectar Asset Management Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is less cash available to meet short term requirements (46 weeks)

20 weeks - Nectar Asset Management Ltd

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.9%, this is a lower level of debt than the average (59.9%)

7.9% - Nectar Asset Management Ltd

59.9% - Industry AVG

NECTAR ASSET MANAGEMENT LTD financials

EXPORTms excel logo

Nectar Asset Management Ltd's latest turnover from March 2024 is estimated at £367.8 thousand and the company has net assets of £3.4 million. According to their latest financial statements, Nectar Asset Management Ltd has 1 employee and maintains cash reserves of £117.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover367,786434,000316,542528,021697,020418,429615,187433,2571,613,348449,037461,59544,134
Other Income Or Grants
Cost Of Sales154,667143,407107,211168,853156,97787,293147,292102,794820,175243,447255,36725,162
Gross Profit213,120290,592209,332359,168540,043331,136467,895330,462793,173205,591206,22818,972
Admin Expenses-3,634,422441,377154,547423,831395,610419,500310,042102,580447,007176,399181,8531,171
Operating Profit3,847,542-150,78554,785-64,663144,433-88,364157,853227,882346,16629,19224,37517,801
Interest Payable195406203
Interest Receivable5,7294,161869994915911533776827012350
Pre-Tax Profit3,853,271-146,62455,654-64,564144,483-88,205157,968228,024346,52829,25824,49917,851
Tax-963,318-10,574-27,452-30,014-45,605-69,305-6,144-5,635-4,284
Profit After Tax2,889,953-146,62445,080-64,564117,031-88,205127,954182,419277,22223,11418,86413,567
Dividends Paid
Retained Profit2,889,953-146,62445,080-64,564117,031-88,205127,954182,419277,22223,11418,86413,567
Employee Costs40,00039,56436,87035,15967,42666,22263,54763,517494,861131,411130,88431,583
Number Of Employees1111222214441
EBITDA*3,847,542-150,78554,785-59,017150,079-82,718163,499233,528346,16629,19224,37517,801

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets
Intangible Assets11115,64711,29316,93922,585
Investments & Other557,039557,039557,039557,039557,039557,039133,481227,378133,481133,090133,0905,000
Debtors (Due After 1 year)469,900271,225
Total Fixed Assets557,040557,040557,040557,040562,686568,332620,320521,188133,481133,090133,0905,000
Stock & work in progress
Trade Debtors94,294118,95487,249124,270192,678116,260183,280129,784240,9149,40124,2411,826
Group Debtors2,865,00023,4198,25053,000
Misc Debtors54,04830,53252,90524,83912,11612,11712,11712,11725,600
Cash117,311100,94394,876136,98161,30837,2505,12840,894228,39778,71529,16020,180
misc current assets
total current assets3,130,653250,429235,030286,090289,521173,877200,525235,795494,91188,11653,40122,006
total assets3,687,693807,469792,070843,130852,207742,209820,845756,983628,392221,206186,49127,006
Bank overdraft6,250
Bank loan
Trade Creditors 1,5001,5001,50089,4215,37521,73913,2989,9169,573159,311139,37713,339
Group/Directors Accounts111,929113,43835,10339,08039,0817,8827,8827,8827,882
other short term finances
hp & lease commitments
other current liabilities178,353186,573102,885107,127135,685157,553156,425223,899271,820
total current liabilities291,782301,511139,488235,628180,141187,174177,605241,697295,525159,311139,37713,339
loans6,250
hp & lease commitments
Accruals and Deferred Income
other liabilities14,583
provisions
total long term liabilities6,25014,583
total liabilities291,782301,511139,488235,628180,141187,174177,605241,697295,525165,561153,96013,339
net assets3,395,911505,958652,582607,502672,066555,035643,240515,286332,86755,64532,53113,667
total shareholders funds3,395,911505,958652,582607,502672,066555,035643,240515,286332,86755,64532,53113,667
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit3,847,542-150,78554,785-64,663144,433-88,364157,853227,882346,16629,19224,37517,801
Depreciation5,646
Amortisation5,6465,6465,6465,646
Tax-963,318-10,574-27,452-30,014-45,605-69,305-6,144-5,635-4,284
Stock
Debtors2,863,8569,332-8,955-79,10491,586-528,670199,171199,612257,113-14,84022,4151,826
Creditors-87,92184,046-16,3648,4413,382343-149,73819,934126,03813,339
Accruals and Deferred Income-8,22083,688-4,242-28,558-21,8681,128-67,474-47,921271,820
Deferred Taxes & Provisions
Cash flow from operations12,148-76,429-38,99775,575-7,191455,521-129,778-59,267141,83057,822122,36325,030
Investing Activities
capital expenditure-28,231
Change in Investments423,558-93,89793,897391128,0905,000
cash flow from investments-423,55893,897-122,128-391-128,090-5,000
Financing Activities
Bank loans
Group/Directors Accounts-1,50978,335-3,977-131,1997,882
Other Short Term Loans
Long term loans-6,2506,250
Hire Purchase and Lease Commitments
other long term liabilities-14,58314,583
share issue100
interest5,7294,16186999491591151423626712350
cash flow from financing4,22082,496-3,1089831,2481591151421,994-8,26614,706150
cash and cash equivalents
cash16,3686,067-42,10575,67324,05832,122-35,766-187,503149,68249,5558,98020,180
overdraft-6,2506,250
change in cash16,3686,067-42,10575,67324,05832,122-35,766-181,253143,43249,5558,98020,180

nectar asset management ltd 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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Nectar Asset Management Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nectar asset management ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 1 area or any other competitors across 12 key performance metrics.

nectar asset management ltd Ownership

NECTAR ASSET MANAGEMENT LTD group structure

Nectar Asset Management Ltd has no subsidiary companies.

Ultimate parent company

PRIUS EJENDOMSINVEST APS

#0101198

1 parent

NECTAR ASSET MANAGEMENT LTD

07828474

NECTAR ASSET MANAGEMENT LTD Shareholders

prius ejendomsinvest aps 70%
prius kbk aps 30%

nectar asset management ltd directors

Nectar Asset Management Ltd currently has 1 director, Mr Peer Borg serving since Mar 2013.

officercountryagestartendrole
Mr Peer BorgEngland35 years Mar 2013- Director

P&L

March 2024

turnover

367.8k

-15%

operating profit

3.8m

0%

gross margin

58%

-13.46%

turnover

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

Balance Sheet

March 2024

net assets

3.4m

+5.71%

total assets

3.7m

+3.57%

cash

117.3k

+0.16%

net assets

Total assets minus all liabilities

nectar asset management ltd company details

company number

07828474

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

October 2011

age

14

incorporated

UK

ultimate parent company

PRIUS EJENDOMSINVEST APS

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

britnordic property services ltd (January 2012)

accountant

-

auditor

-

address

piccadilly house 49 piccadilly, manchester, M1 2AP

Bank

-

Legal Advisor

-

nectar asset management 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 nectar asset management ltd.

nectar asset management 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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nectar asset management ltd Companies House Filings - See Documents

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