narita assets limited

Live EstablishedMicroDeclining

narita assets limited Company Information

Share NARITA ASSETS LIMITED

Company Number

08295868

Directors

Sanjiv Patel

Falguni Patel

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Shareholders

sanjiv kumar patel

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

41 the broadway, joel street, northwood, middlesex, HA6 1NZ

Website

-

narita assets limited Estimated Valuation

£418.2k

Pomanda estimates the enterprise value of NARITA ASSETS LIMITED at £418.2k based on a Turnover of £174.7k and 2.39x industry multiple (adjusted for size and gross margin).

narita assets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NARITA ASSETS LIMITED at £0 based on an EBITDA of £-384 and a 4.68x industry multiple (adjusted for size and gross margin).

narita assets limited Estimated Valuation

£49.3k

Pomanda estimates the enterprise value of NARITA ASSETS LIMITED at £49.3k based on Net Assets of £28.2k and 1.75x industry multiple (adjusted for liquidity).

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Narita Assets Limited Overview

Narita Assets Limited is a live company located in northwood, HA6 1NZ with a Companies House number of 08295868. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2012, it's largest shareholder is sanjiv kumar patel with a 100% stake. Narita Assets Limited is a established, micro sized company, Pomanda has estimated its turnover at £174.7k with declining growth in recent years.

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Narita Assets Limited Health Check

Pomanda's financial health check has awarded Narita Assets Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £174.7k, make it smaller than the average company (£850.2k)

£174.7k - Narita Assets Limited

£850.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2.9%)

-4% - Narita Assets Limited

2.9% - Industry AVG

production

Production

with a gross margin of 30.2%, this company has a higher cost of product (73%)

30.2% - Narita Assets Limited

73% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (27.1%)

-0.2% - Narita Assets Limited

27.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Narita Assets Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Narita Assets Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £174.7k, this is equally as efficient (£179k)

£174.7k - Narita Assets Limited

£179k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (32 days)

74 days - Narita Assets Limited

32 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Narita Assets Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Narita Assets Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Narita Assets Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.3%, this is a lower level of debt than the average (67.8%)

20.3% - Narita Assets Limited

67.8% - Industry AVG

NARITA ASSETS LIMITED financials

EXPORTms excel logo

Narita Assets Limited's latest turnover from November 2023 is estimated at £174.7 thousand and the company has net assets of £28.2 thousand. According to their latest financial statements, we estimate that Narita Assets Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Turnover174,709180,368122,763197,049220,92183,89550,850
Other Income Or Grants
Cost Of Sales121,953128,45689,457140,266155,67459,21636,861
Gross Profit52,75751,91233,30656,78265,24624,67913,989
Admin Expenses53,14152,29633,49057,37366,8051,4371,543-54,65237,68111,139
Operating Profit-384-384-184-591-1,559-1,437-1,54354,652-13,0022,850
Interest Payable
Interest Receivable14553754014141
Pre-Tax Profit-384-384-184-591-1,414-900-1,00354,793-12,9982,851
Tax-10,958-599
Profit After Tax-384-384-184-591-1,414-900-1,00343,834-12,9982,252
Dividends Paid
Retained Profit-384-384-184-591-1,414-900-1,00343,834-12,9982,252
Employee Costs31,92030,60928,40127,39428,19126,30225,000
Number Of Employees1111111
EBITDA*-384-384-184-591-1,559-1,437-1,54354,652-13,0022,850

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Tangible Assets222,840222,840
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets222,840222,840
Stock & work in progress
Trade Debtors35,42436,10836,49236,57637,2676,500
Group Debtors
Misc Debtors
Cash38,681104,618111,3141,293224
misc current assets
total current assets35,42436,10836,49236,57637,26738,681104,618111,3141,2936,724
total assets35,42436,10836,49236,57637,26738,681104,618111,314224,133229,564
Bank overdraft
Bank loan
Trade Creditors 6,89672,53262,203
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities7,49572,53278,225
total current liabilities6,8967,49572,53278,22572,53262,203
loans
hp & lease commitments
Accruals and Deferred Income300600600500600
other liabilities6,8966,8966,8966,896162,346165,108
provisions
total long term liabilities7,1967,4966007,3967,496162,346165,108
total liabilities7,1967,4967,4967,3967,4967,49572,53278,225234,878227,311
net assets28,22828,61228,99629,18029,77131,18632,08633,089-10,7452,253
total shareholders funds28,22828,61228,99629,18029,77131,18632,08633,089-10,7452,253
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Operating Activities
Operating Profit-384-384-184-591-1,559-1,437-1,54354,652-13,0022,850
Depreciation
Amortisation
Tax-10,958-599
Stock
Debtors-684-384-84-69137,267-6,5006,500
Creditors-6,8966,896-72,53210,32962,203
Accruals and Deferred Income-300100-100-6,895-65,037-5,69378,225
Deferred Taxes & Provisions
Cash flow from operations-6,8966,896-45,721-66,474-7,23649,3873,82757,954
Investing Activities
capital expenditure222,840-222,840
Change in Investments
cash flow from investments222,840-222,840
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities6,896-6,8966,896-162,346-2,762165,108
share issue-11
interest14553754014141
cash flow from financing6,896-6,8967,040537540-162,205-2,758165,110
cash and cash equivalents
cash-38,681-65,937-6,696110,0211,069224
overdraft
change in cash-38,681-65,937-6,696110,0211,069224

narita assets 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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Narita Assets Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for narita assets limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA6 area or any other competitors across 12 key performance metrics.

narita assets limited Ownership

NARITA ASSETS LIMITED group structure

Narita Assets Limited has no subsidiary companies.

Ultimate parent company

NARITA ASSETS LIMITED

08295868

NARITA ASSETS LIMITED Shareholders

sanjiv kumar patel 100%

narita assets limited directors

Narita Assets Limited currently has 3 directors. The longest serving directors include Mr Sanjiv Patel (Nov 2012) and Mrs Falguni Patel (Nov 2012).

officercountryagestartendrole
Mr Sanjiv PatelUae63 years Nov 2012- Director
Mrs Falguni PatelUae58 years Nov 2012- Director
Mr Vedaant PatelEngland33 years Dec 2018- Director

P&L

November 2023

turnover

174.7k

-3%

operating profit

-384

0%

gross margin

30.2%

+4.92%

turnover

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

Balance Sheet

November 2023

net assets

28.2k

-0.01%

total assets

35.4k

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

narita assets limited company details

company number

08295868

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

41 the broadway, joel street, northwood, middlesex, HA6 1NZ

Bank

-

Legal Advisor

-

narita assets 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 narita assets limited. Currently there are 0 open charges and 2 have been satisfied in the past.

narita assets 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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narita assets limited Companies House Filings - See Documents

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