njoy innovations ltd
njoy innovations ltd Company Information
Company Number
08332430
Website
www.njoy.comRegistered Address
5th floor, 2 copthall avenue, london, EC2R 7DA
Industry
Wholesale of tobacco products
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Lynn Winch0 Years
Shareholders
njoy international holdings inc 100%
njoy innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of NJOY INNOVATIONS LTD at £85.1k based on a Turnover of £188.4k and 0.45x industry multiple (adjusted for size and gross margin).
njoy innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of NJOY INNOVATIONS LTD at £11.3k based on an EBITDA of £3.6k and a 3.15x industry multiple (adjusted for size and gross margin).
njoy innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of NJOY INNOVATIONS LTD at £0 based on Net Assets of £-9.3k and 1.85x industry multiple (adjusted for liquidity).
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Njoy Innovations Ltd Overview
Njoy Innovations Ltd is a live company located in london, EC2R 7DA with a Companies House number of 08332430. It operates in the wholesale of tobacco products sector, SIC Code 46350. Founded in December 2012, it's largest shareholder is njoy international holdings inc with a 100% stake. Njoy Innovations Ltd is a established, micro sized company, Pomanda has estimated its turnover at £188.4k with declining growth in recent years.
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Njoy Innovations Ltd Health Check
Pomanda's financial health check has awarded Njoy Innovations Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £188.4k, make it smaller than the average company (£19.7m)
- Njoy Innovations Ltd
£19.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (3.9%)
- Njoy Innovations Ltd
3.9% - Industry AVG
Production
with a gross margin of 19.1%, this company has a comparable cost of product (19.1%)
- Njoy Innovations Ltd
19.1% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (8.1%)
- Njoy Innovations Ltd
8.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
- Njoy Innovations Ltd
21 - Industry AVG
Pay Structure
on an average salary of £83.5k, the company has an equivalent pay structure (£83.5k)
- Njoy Innovations Ltd
£83.5k - Industry AVG
Efficiency
resulting in sales per employee of £188.4k, this is less efficient (£1.3m)
- Njoy Innovations Ltd
£1.3m - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Njoy Innovations Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (14 days)
- Njoy Innovations Ltd
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Njoy Innovations Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (7 weeks)
41 weeks - Njoy Innovations Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.5%, this is a higher level of debt than the average (59.9%)
100.5% - Njoy Innovations Ltd
59.9% - Industry AVG
NJOY INNOVATIONS LTD financials
Njoy Innovations Ltd's latest turnover from March 2023 is estimated at £188.4 thousand and the company has net assets of -£9.3 thousand. According to their latest financial statements, we estimate that Njoy Innovations Ltd has 1 employee and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 623,291 | 535,476 | 1,774,653 | 2,507,825 | 1,643,582 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 594,056 | 418,600 | 1,913,441 | 3,301,057 | 6,696,386 | |||||
| Gross Profit | 29,235 | 116,876 | -138,788 | -793,232 | -5,052,804 | |||||
| Admin Expenses | -310,692 | 5,409,395 | 3,115,013 | 10,641,095 | 5,082,074 | |||||
| Operating Profit | 339,927 | -5,292,519 | -3,253,801 | -11,434,327 | -10,134,878 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 21 | 10 | 249 | 1,213 | 206 | |||||
| Pre-Tax Profit | 29,771,835 | -5,292,509 | -3,258,421 | -11,433,114 | -10,134,672 | |||||
| Tax | 0 | 0 | 0 | 0 | 0 | |||||
| Profit After Tax | 29,771,835 | -5,292,509 | -3,258,421 | -11,433,114 | -10,134,672 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 29,771,835 | -5,292,509 | -3,258,421 | -11,433,114 | -10,134,672 | |||||
| Employee Costs | ||||||||||
| Number Of Employees | 3 | 1 | 1 | 2 | 2 | 13 | 10 | |||
| EBITDA* | 339,927 | -5,278,517 | -3,239,799 | -11,391,501 | -10,134,878 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,882 | 39,544 | 61,438 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 51,441 | 51,450 | 56,319 | 31,480 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 51,441 | 66,332 | 95,863 | 92,918 |
| Stock & work in progress | 0 | 1,124 | 55,554 | 0 | 0 | 0 | 0 | 174,127 | 702,736 | 677,054 |
| Trade Debtors | 0 | 0 | 0 | 18,841 | 0 | 946,557 | 3,930 | 84,024 | 237,359 | 3,805,169 |
| Group Debtors | 327,071 | 164,366 | 0 | 23,380 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,274 | 1,042 | 3,140 | 13,394 | 0 | 512,910 | 140,071 | 141,541 | 420,951 | 3,994,048 |
| Cash | 1,365,559 | 33,132 | 455,403 | 424,489 | 22,992 | 19,037 | 64,767 | 147,232 | 1,613,683 | 186,437 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,701,904 | 199,664 | 514,097 | 480,104 | 22,992 | 1,478,504 | 208,768 | 546,924 | 2,974,729 | 8,662,708 |
| total assets | 1,701,904 | 199,664 | 514,097 | 480,104 | 22,992 | 1,478,504 | 260,209 | 613,256 | 3,070,592 | 8,755,626 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,511 | 2,832 | 2,140 | 36,960 | 0 | 125,454 | 270,542 | 555,821 | 885,370 | 771,853 |
| Group/Directors Accounts | 1,691,263 | 217,721 | 434,152 | 449,817 | 430,046 | 1,316,858 | 29,381,101 | 23,808,039 | 21,847,305 | 14,924,570 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,400 | 15,364 | 86,779 | 17,020 | 8,900 | 371,994 | 139,877 | 193,628 | 406,118 | 654,107 |
| total current liabilities | 1,711,174 | 235,917 | 523,071 | 503,797 | 438,946 | 1,814,306 | 29,791,520 | 24,557,488 | 23,138,793 | 16,350,530 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 10,979 | 87,735 | 87,630 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 499,669 | 794,344 | 1,499,584 | 2,539,767 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 10,979 | 587,404 | 881,974 | 1,499,584 | 2,539,767 |
| total liabilities | 1,711,174 | 235,917 | 523,071 | 503,797 | 438,946 | 1,825,285 | 30,378,924 | 25,439,462 | 24,638,377 | 18,890,297 |
| net assets | -9,270 | -36,253 | -8,974 | -23,693 | -415,954 | -346,781 | -30,118,715 | -24,826,206 | -21,567,785 | -10,134,671 |
| total shareholders funds | -9,270 | -36,253 | -8,974 | -23,693 | -415,954 | -346,781 | -30,118,715 | -24,826,206 | -21,567,785 | -10,134,671 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 339,927 | -5,292,519 | -3,253,801 | -11,434,327 | -10,134,878 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 14,002 | 14,002 | 42,826 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | |||||
| Stock | -1,124 | -54,430 | 55,554 | 0 | 0 | 0 | -174,127 | -528,609 | 25,682 | 677,054 |
| Debtors | 170,937 | 162,268 | -52,475 | 55,615 | -1,459,467 | 1,459,467 | -81,564 | -432,745 | -7,140,907 | 7,799,217 |
| Creditors | 6,679 | 692 | -34,820 | 36,960 | -125,454 | 125,454 | -285,279 | -329,549 | 113,517 | 771,853 |
| Accruals and Deferred Income | -4,964 | -71,415 | 69,759 | 8,120 | -363,094 | 371,994 | -53,751 | -212,490 | -247,989 | 654,107 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -294,675 | -705,240 | -1,040,183 | 2,539,767 |
| Cash flow from operations | -622,092 | -5,656,531 | -3,525,724 | -5,450,931 | -14,645,422 | |||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -9 | -4,869 | 24,839 | 31,480 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,473,542 | -216,431 | -15,665 | 19,771 | -886,812 | 1,316,858 | 5,573,062 | 1,960,734 | 6,922,735 | 14,924,570 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | -10,979 | 10,979 | 105 | 87,630 | 0 | 0 |
| share issue | ||||||||||
| interest | 21 | 10 | 249 | 1,213 | 206 | |||||
| cash flow from financing | -28,790,758 | 5,573,177 | 2,048,613 | 6,923,948 | 14,924,777 | |||||
| cash and cash equivalents | ||||||||||
| cash | 1,332,427 | -422,271 | 30,914 | 401,497 | 3,955 | 19,037 | -82,465 | -1,466,451 | 1,427,246 | 186,437 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,332,427 | -422,271 | 30,914 | 401,497 | 3,955 | 19,037 | -82,465 | -1,466,451 | 1,427,246 | 186,437 |
njoy innovations ltd Credit Report and Business Information
Njoy Innovations Ltd Competitor Analysis
Perform a competitor analysis for njoy innovations ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EC2R area or any other competitors across 12 key performance metrics.
njoy innovations ltd Ownership
NJOY INNOVATIONS LTD group structure
Njoy Innovations Ltd has no subsidiary companies.
Ultimate parent company
NJOY HOLDINGS INC
#0129836
NJOY INTERNATIONAL HOLDINGS INC
#0129835
2 parents
NJOY INNOVATIONS LTD
08332430
njoy innovations ltd directors
Njoy Innovations Ltd currently has 1 director, Ms Lynn Winch serving since May 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Lynn Winch | England | 55 years | May 2024 | - | Director |
P&L
March 2023turnover
188.4k
+100%
operating profit
3.6k
0%
gross margin
19.1%
-8.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-9.3k
-0.74%
total assets
1.7m
+7.52%
cash
1.4m
+40.22%
net assets
Total assets minus all liabilities
njoy innovations ltd company details
company number
08332430
Type
Private limited with Share Capital
industry
46350 - Wholesale of tobacco products
incorporation date
December 2012
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
CANDOUR ADVISORY LLP
auditor
-
address
5th floor, 2 copthall avenue, london, EC2R 7DA
Bank
-
Legal Advisor
-
njoy innovations 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 njoy innovations ltd.
njoy innovations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
