new ground creations ltd
new ground creations ltd Company Information
Company Number
08525681
Registered Address
ngc upper street, london, islington, N1 2TX
Industry
Other education n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
pareece rose pareece rose anthony-ellis 100%
new ground creations ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW GROUND CREATIONS LTD at £23.7k based on a Turnover of £39.6k and 0.6x industry multiple (adjusted for size and gross margin).
new ground creations ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW GROUND CREATIONS LTD at £0 based on an EBITDA of £-326 and a 2.93x industry multiple (adjusted for size and gross margin).
new ground creations ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW GROUND CREATIONS LTD at £8.8k based on Net Assets of £3.9k and 2.27x industry multiple (adjusted for liquidity).
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New Ground Creations Ltd Overview
New Ground Creations Ltd is a live company located in islington, N1 2TX with a Companies House number of 08525681. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in May 2013, it's largest shareholder is pareece rose pareece rose anthony-ellis with a 100% stake. New Ground Creations Ltd is a established, micro sized company, Pomanda has estimated its turnover at £39.6k with high growth in recent years.
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New Ground Creations Ltd Health Check
Pomanda's financial health check has awarded New Ground Creations 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £39.6k, make it smaller than the average company (£455.1k)
- New Ground Creations Ltd
£455.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.9%)
- New Ground Creations Ltd
3.9% - Industry AVG
Production
with a gross margin of 30.7%, this company has a higher cost of product (56.8%)
- New Ground Creations Ltd
56.8% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (6%)
- New Ground Creations Ltd
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- New Ground Creations Ltd
13 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)
- New Ground Creations Ltd
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £39.6k, this is less efficient (£48.9k)
- New Ground Creations Ltd
£48.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (18 days)
- New Ground Creations Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (24 days)
- New Ground Creations Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Ground Creations Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New Ground Creations Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.9%, this is a higher level of debt than the average (21.7%)
45.9% - New Ground Creations Ltd
21.7% - Industry AVG
NEW GROUND CREATIONS LTD financials
New Ground Creations Ltd's latest turnover from March 2023 is estimated at £39.6 thousand and the company has net assets of £3.9 thousand. According to their latest financial statements, we estimate that New Ground Creations Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,889 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,899 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,143 | 7,313 | 0 | 2,798 | 4,903 | 7,056 | 4,863 | 3,012 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,055 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 7,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,215 | 2,215 | 0 | 0 |
| total current assets | 7,143 | 7,313 | 8,727 | 2,798 | 4,903 | 7,056 | 7,078 | 5,227 | 0 | 0 |
| total assets | 7,143 | 7,313 | 8,727 | 2,798 | 4,903 | 7,056 | 7,078 | 7,126 | 0 | 0 |
| 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 | 3,280 | 3,124 | 0 | 1,234 | 5,307 | 3,548 | 0 | 1,048 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 2,679 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 5,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,280 | 3,124 | 5,278 | 1,234 | 5,307 | 3,548 | 2,679 | 1,048 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 5,307 | 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 | 500 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 5,307 | 0 | 5,307 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 5,307 | 5,307 | 5,807 | 0 | 0 |
| total liabilities | 3,280 | 3,124 | 5,278 | 1,234 | 5,307 | 8,855 | 7,986 | 6,855 | 0 | 0 |
| net assets | 3,863 | 4,189 | 3,449 | 1,564 | -404 | -1,799 | -908 | 271 | 0 | 0 |
| total shareholders funds | 3,863 | 4,189 | 3,449 | 1,564 | -404 | -1,799 | -908 | 271 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -170 | 6,258 | -1,743 | -2,105 | -2,153 | 2,193 | 1,851 | 3,012 | 0 | 0 |
| Creditors | 156 | 3,124 | -1,234 | -4,073 | 1,759 | 3,548 | -1,048 | 1,048 | 0 | 0 |
| Accruals and Deferred Income | 0 | -5,278 | 5,278 | 0 | 0 | 0 | -500 | 500 | 0 | 0 |
| Deferred Taxes & Provisions | 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 | -10 | 10 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -2,679 | 2,679 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -5,307 | 5,307 | 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 | -5,307 | 5,307 | -5,307 | 5,307 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | -7,672 | 7,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -7,672 | 7,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
new ground creations ltd Credit Report and Business Information
New Ground Creations Ltd Competitor Analysis
Perform a competitor analysis for new ground creations ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
new ground creations ltd Ownership
NEW GROUND CREATIONS LTD group structure
New Ground Creations Ltd has no subsidiary companies.
Ultimate parent company
NEW GROUND CREATIONS LTD
08525681
new ground creations ltd directors
New Ground Creations Ltd currently has 4 directors. The longest serving directors include Mrs Pareece Sandiford (May 2013) and Mrs Shanelle Walcott (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Pareece Sandiford | England | 32 years | May 2013 | - | Director |
| Mrs Shanelle Walcott | United Kingdom | 35 years | May 2020 | - | Director |
| Miss Sherene Olusesi | United Kingdom | 36 years | May 2020 | - | Director |
| Mr Johnson Adeshipe | United Kingdom | 45 years | May 2020 | - | Director |
P&L
March 2023turnover
39.6k
+2%
operating profit
-326
0%
gross margin
30.7%
+0.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.9k
-0.08%
total assets
7.1k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
new ground creations ltd company details
company number
08525681
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
I SOLVE ACCOUNTING & HR
auditor
-
address
ngc upper street, london, islington, N1 2TX
Bank
-
Legal Advisor
-
new ground creations 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 new ground creations ltd.
new ground creations ltd Companies House Filings - See Documents
| date | description | view/download |
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