nottingham news centre cic
nottingham news centre cic Company Information
Company Number
08576446
Website
nottinghamnewscentre.comRegistered Address
castle cavendish business centre, dorking road, nottingham, NG7 5PN
Industry
Educational support activities
Telephone
01158226401
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
-0%
nottingham news centre cic Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM NEWS CENTRE CIC at £26.4k based on a Turnover of £30.9k and 0.85x industry multiple (adjusted for size and gross margin).
nottingham news centre cic Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM NEWS CENTRE CIC at £0 based on an EBITDA of £-9.9k and a 4.46x industry multiple (adjusted for size and gross margin).
nottingham news centre cic Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM NEWS CENTRE CIC at £179.9k based on Net Assets of £77.8k and 2.31x industry multiple (adjusted for liquidity).
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Nottingham News Centre Cic Overview
Nottingham News Centre Cic is a live company located in nottingham, NG7 5PN with a Companies House number of 08576446. It operates in the educational support services sector, SIC Code 85600. Founded in June 2013, it's largest shareholder is unknown. Nottingham News Centre Cic is a established, micro sized company, Pomanda has estimated its turnover at £30.9k with declining growth in recent years.
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Nottingham News Centre Cic Health Check
Pomanda's financial health check has awarded Nottingham News Centre Cic a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
5 Weak
Size
annual sales of £30.9k, make it smaller than the average company (£390.2k)
£30.9k - Nottingham News Centre Cic
£390.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.4%)
-11% - Nottingham News Centre Cic
4.4% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (69.5%)
100% - Nottingham News Centre Cic
69.5% - Industry AVG
Profitability
an operating margin of -37.9% make it less profitable than the average company (2.1%)
-37.9% - Nottingham News Centre Cic
2.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Nottingham News Centre Cic
10 - Industry AVG
Pay Structure
on an average salary of £885, the company has a lower pay structure (£27.5k)
£885 - Nottingham News Centre Cic
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £15.4k, this is less efficient (£51.3k)
£15.4k - Nottingham News Centre Cic
£51.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Nottingham News Centre Cic
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nottingham News Centre Cic
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nottingham News Centre Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 306 weeks, this is more cash available to meet short term requirements (93 weeks)
306 weeks - Nottingham News Centre Cic
93 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.1%, this is a lower level of debt than the average (36.4%)
10.1% - Nottingham News Centre Cic
36.4% - Industry AVG
NOTTINGHAM NEWS CENTRE CIC financials
Nottingham News Centre Cic's latest turnover from June 2023 is £30.9 thousand and the company has net assets of £77.8 thousand. According to their latest financial statements, Nottingham News Centre Cic has 2 employees and maintains cash reserves of £17.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 30,893 | 72,619 | 105,604 | 43,207 | 25,225 | 40,279 | 50,467 | 17,903 | 372 | 5,096 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 30,893 | 72,619 | 105,604 | 43,207 | 25,225 | 40,279 | 50,467 | 17,903 | 372 | 5,096 |
| Admin Expenses | 42,602 | 46,514 | 45,884 | 26,059 | 24,088 | 39,007 | 49,019 | 14,542 | 1,455 | 4,670 |
| Operating Profit | -11,709 | 26,105 | 59,720 | 17,148 | 1,137 | 1,272 | 1,448 | 3,361 | -1,083 | 426 |
| Interest Payable | 171 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 5 | 2 | 0 |
| Pre-Tax Profit | -11,880 | 26,105 | 59,720 | 17,148 | 1,135 | 1,276 | 1,453 | 3,366 | -1,081 | 426 |
| Tax | 0 | -5,002 | -10,239 | -3,258 | -223 | -250 | -153 | -673 | 0 | -85 |
| Profit After Tax | -11,880 | 21,103 | 49,481 | 13,890 | 912 | 1,026 | 1,300 | 2,693 | -1,081 | 341 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -11,880 | 21,103 | 49,481 | 13,890 | 912 | 1,026 | 1,300 | 2,693 | -1,081 | 341 |
| Employee Costs | 1,770 | 1,400 | 3,357 | 1,282 | 284 | 1,056 | ||||
| Number Of Employees | 2 | 2 | 3 | |||||||
| EBITDA* | -9,900 | 27,976 | 61,664 | 17,148 | 1,177 | 1,312 | 1,488 | 3,401 | -1,083 | 426 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,428 | 5,610 | 5,831 | 0 | 0 | 40 | 80 | 120 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 5,428 | 5,610 | 5,831 | 0 | 0 | 40 | 80 | 120 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 549 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 63,615 | 50,232 | 43,583 | 34,641 | 11,630 | 0 | 0 | 1,488 | 0 | 549 |
| Cash | 17,476 | 50,163 | 43,022 | 37,698 | 34,340 | 10,913 | 17,535 | 1,218 | 19 | 27 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 81,091 | 100,395 | 86,605 | 72,339 | 45,970 | 10,913 | 17,535 | 2,706 | 568 | 576 |
| total assets | 86,519 | 106,005 | 92,436 | 72,339 | 45,970 | 10,953 | 17,615 | 2,826 | 568 | 576 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 6,424 | 14,051 | 0 | 1,158 | 0 |
| 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 | 2,967 | 8,567 | 13,874 | 3,258 | 600 | 250 | 295 | 715 | 150 | 235 |
| total current liabilities | 2,967 | 8,567 | 15,874 | 3,258 | 600 | 6,674 | 14,346 | 715 | 1,308 | 235 |
| loans | 5,767 | 7,773 | 8,000 | 10,000 | 179 | 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 | 40,000 | 40,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 158 | 0 | 0 |
| total long term liabilities | 5,767 | 7,773 | 8,000 | 50,000 | 40,179 | 0 | 16 | 158 | 0 | 0 |
| total liabilities | 8,734 | 16,340 | 23,874 | 53,258 | 40,779 | 6,674 | 14,362 | 873 | 1,308 | 235 |
| net assets | 77,785 | 89,665 | 68,562 | 19,081 | 5,191 | 4,279 | 3,253 | 1,953 | -740 | 341 |
| total shareholders funds | 77,785 | 89,665 | 68,562 | 19,081 | 5,191 | 4,279 | 3,253 | 1,953 | -740 | 341 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -11,709 | 26,105 | 59,720 | 17,148 | 1,137 | 1,272 | 1,448 | 3,361 | -1,083 | 426 |
| Depreciation | 1,809 | 1,871 | 1,944 | 0 | 40 | 40 | 40 | 40 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -5,002 | -10,239 | -3,258 | -223 | -250 | -153 | -673 | 0 | -85 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 13,383 | 6,649 | 8,942 | 23,011 | 11,630 | 0 | -1,488 | 939 | 0 | 549 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -5,600 | -5,307 | -29,384 | 2,658 | 40,350 | -45 | -420 | 565 | -85 | 235 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -16 | -142 | 158 | 0 | 0 |
| Cash flow from operations | -28,883 | 11,018 | 13,099 | -6,463 | 29,674 | 1,001 | 2,261 | 2,512 | -1,168 | 27 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -6,424 | -7,627 | 14,051 | -1,158 | 1,158 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,006 | -227 | -2,000 | 9,821 | 179 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -171 | 0 | 0 | 0 | -2 | 4 | 5 | 5 | 2 | 0 |
| cash flow from financing | -2,177 | -2,227 | 0 | 9,821 | -6,247 | -7,623 | 14,056 | -1,153 | 1,160 | 0 |
| cash and cash equivalents | ||||||||||
| cash | -32,687 | 7,141 | 5,324 | 3,358 | 23,427 | -6,622 | 16,317 | 1,199 | -8 | 27 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -32,687 | 7,141 | 5,324 | 3,358 | 23,427 | -6,622 | 16,317 | 1,199 | -8 | 27 |
nottingham news centre cic Credit Report and Business Information
Nottingham News Centre Cic Competitor Analysis
Perform a competitor analysis for nottingham news centre cic by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in NG7 area or any other competitors across 12 key performance metrics.
nottingham news centre cic Ownership
NOTTINGHAM NEWS CENTRE CIC group structure
Nottingham News Centre Cic has no subsidiary companies.
Ultimate parent company
NOTTINGHAM NEWS CENTRE CIC
08576446
nottingham news centre cic directors
Nottingham News Centre Cic currently has 2 directors. The longest serving directors include Miss Norma Gregory (Jun 2013) and Ms Olivia O'Connor (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Norma Gregory | England | 55 years | Jun 2013 | - | Director |
| Ms Olivia O'Connor | England | 20 years | Aug 2020 | - | Director |
P&L
June 2023turnover
30.9k
-57%
operating profit
-11.7k
-145%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
77.8k
-0.13%
total assets
86.5k
-0.18%
cash
17.5k
-0.65%
net assets
Total assets minus all liabilities
nottingham news centre cic company details
company number
08576446
Type
Private Ltd By Guarantee w/o Share Cap
industry
85600 - Educational support activities
incorporation date
June 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
R M ACCOUNTANCY SERVICES
auditor
-
address
castle cavendish business centre, dorking road, nottingham, NG7 5PN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
nottingham news centre cic 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 nottingham news centre cic.
nottingham news centre cic Companies House Filings - See Documents
| date | description | view/download |
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