newco demolition limited
newco demolition limited Company Information
Company Number
08203936
Website
-Registered Address
chichester house moss lane east, manchester, M15 5GY
Industry
Demolition
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
farrah holdings ltd 100%
newco demolition limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCO DEMOLITION LIMITED at £532.4k based on a Turnover of £2m and 0.27x industry multiple (adjusted for size and gross margin).
newco demolition limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCO DEMOLITION LIMITED at £0 based on an EBITDA of £-162k and a 2.87x industry multiple (adjusted for size and gross margin).
newco demolition limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCO DEMOLITION LIMITED at £242.8k based on Net Assets of £191.3k and 1.27x industry multiple (adjusted for liquidity).
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Newco Demolition Limited Overview
Newco Demolition Limited is a live company located in manchester, M15 5GY with a Companies House number of 08203936. It operates in the demolition sector, SIC Code 43110. Founded in September 2012, it's largest shareholder is farrah holdings ltd with a 100% stake. Newco Demolition Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
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Newco Demolition Limited Health Check
Pomanda's financial health check has awarded Newco Demolition Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £2m, make it smaller than the average company (£11.1m)
- Newco Demolition Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (7.7%)
- Newco Demolition Limited
7.7% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Newco Demolition Limited
24.9% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (3.9%)
- Newco Demolition Limited
3.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (48)
- Newco Demolition Limited
48 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Newco Demolition Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £221.7k, this is equally as efficient (£241.5k)
- Newco Demolition Limited
£241.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Newco Demolition Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (51 days)
- Newco Demolition Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is more than average (5 days)
- Newco Demolition Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (17 weeks)
6 weeks - Newco Demolition Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.3%, this is a lower level of debt than the average (57.4%)
2.3% - Newco Demolition Limited
57.4% - Industry AVG
NEWCO DEMOLITION LIMITED financials
Newco Demolition Limited's latest turnover from July 2023 is estimated at £2 million and the company has net assets of £191.3 thousand. According to their latest financial statements, we estimate that Newco Demolition Limited has 9 employees and maintains cash reserves of £540 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 256,161 | 256,161 | 256,161 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 256,161 | 256,161 | 256,161 |
| Stock & work in progress | 194,782 | 194,782 | 194,782 | 279,723 | 256,161 | 301,161 | 256,161 | 256,161 | 0 | 0 | 990,840 |
| Trade Debtors | 0 | 0 | 2,784 | 4,385 | 3,809 | 8,709 | 1,260 | 1,660 | 1,660 | 1,660 | 49,767 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 400 | 2,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 540 | 162,272 | 400,805 | 10,254 | 35,832 | 7,341 | 28,251 | 35,954 | 42,415 | 246,298 | 18,985 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 195,722 | 359,481 | 598,371 | 294,362 | 295,802 | 317,211 | 285,672 | 293,775 | 44,075 | 247,958 | 1,059,592 |
| total assets | 195,722 | 359,481 | 598,371 | 294,362 | 295,802 | 317,211 | 285,672 | 293,775 | 300,236 | 504,119 | 1,315,753 |
| 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 | 2,401 | 1 | 288,516 | 519,696 | 520,290 | 551,027 | 514,038 | 514,725 | 271,788 | 470,463 | 1,184,347 |
| 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 | 2,000 | 10,239 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,401 | 10,240 | 288,516 | 519,696 | 520,290 | 551,027 | 514,038 | 514,725 | 271,788 | 470,463 | 1,184,347 |
| loans | 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 |
| 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 | 250,000 | 250,000 | 250,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 250,000 | 250,000 |
| total liabilities | 4,401 | 10,240 | 288,516 | 519,696 | 520,290 | 551,027 | 514,038 | 514,725 | 521,788 | 720,463 | 1,434,347 |
| net assets | 191,321 | 349,241 | 309,855 | -225,334 | -224,488 | -233,816 | -228,366 | -220,950 | -221,552 | -216,344 | -118,594 |
| total shareholders funds | 191,321 | 349,241 | 309,855 | -225,334 | -224,488 | -233,816 | -228,366 | -220,950 | -221,552 | -216,344 | -118,594 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | -84,941 | 23,562 | -45,000 | 45,000 | 0 | 256,161 | 0 | -990,840 | 990,840 |
| Debtors | -2,027 | -357 | -1,601 | 576 | -4,900 | 7,449 | -400 | 0 | 0 | -48,107 | 49,767 |
| Creditors | 2,400 | -288,515 | -231,180 | -594 | -30,737 | 36,989 | -687 | 242,937 | -198,675 | -713,884 | 1,184,347 |
| Accruals and Deferred Income | -8,239 | 10,239 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -250,000 | 0 | 0 | 250,000 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -161,732 | -238,533 | 390,551 | -25,578 | 28,491 | -20,910 | -7,703 | -6,461 | -203,883 | 227,313 | 18,985 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -161,732 | -238,533 | 390,551 | -25,578 | 28,491 | -20,910 | -7,703 | -6,461 | -203,883 | 227,313 | 18,985 |
newco demolition limited Credit Report and Business Information
Newco Demolition Limited Competitor Analysis
Perform a competitor analysis for newco demolition limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M15 area or any other competitors across 12 key performance metrics.
newco demolition limited Ownership
NEWCO DEMOLITION LIMITED group structure
Newco Demolition Limited has no subsidiary companies.
Ultimate parent company
FARRAH HOLDINGS LTD
#0159381
1 parent
NEWCO DEMOLITION LIMITED
08203936
newco demolition limited directors
Newco Demolition Limited currently has 2 directors. The longest serving directors include Mr Mohammed Majid (Jan 2023) and Mr Muhammad Kamil (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Majid | England | 60 years | Jan 2023 | - | Director |
| Mr Muhammad Kamil | United Kingdom | 33 years | Mar 2023 | - | Director |
P&L
July 2023turnover
2m
-24%
operating profit
-162k
0%
gross margin
25%
-6.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
191.3k
-0.45%
total assets
195.7k
-0.46%
cash
540
-1%
net assets
Total assets minus all liabilities
newco demolition limited company details
company number
08203936
Type
Private limited with Share Capital
industry
43110 - Demolition
incorporation date
September 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
chichester house moss lane east, manchester, M15 5GY
Bank
-
Legal Advisor
DBF ASSOCIATES
newco demolition 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 2 charges/mortgages relating to newco demolition limited. Currently there are 0 open charges and 2 have been satisfied in the past.
newco demolition limited Companies House Filings - See Documents
| date | description | view/download |
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