nameco (no. 1108) limited
nameco (no. 1108) limited Company Information
Company Number
08653900
Website
-Registered Address
5th floor 70 gracechurch street, london, EC3V 0XL
Industry
Non-life reinsurance
Life insurance
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
sareena investments limited 100%
nameco (no. 1108) limited Estimated Valuation
Pomanda estimates the enterprise value of NAMECO (NO. 1108) LIMITED at £1.1m based on a Turnover of £1.5m and 0.75x industry multiple (adjusted for size and gross margin).
nameco (no. 1108) limited Estimated Valuation
Pomanda estimates the enterprise value of NAMECO (NO. 1108) LIMITED at £735.7k based on an EBITDA of £86k and a 8.56x industry multiple (adjusted for size and gross margin).
nameco (no. 1108) limited Estimated Valuation
Pomanda estimates the enterprise value of NAMECO (NO. 1108) LIMITED at £0 based on Net Assets of £-135.3k and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nameco (no. 1108) Limited Overview
Nameco (no. 1108) Limited is a live company located in london, EC3V 0XL with a Companies House number of 08653900. It operates in the life insurance sector, SIC Code 65110. Founded in August 2013, it's largest shareholder is sareena investments limited with a 100% stake. Nameco (no. 1108) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Nameco (no. 1108) Limited Health Check
Pomanda's financial health check has awarded Nameco (No. 1108) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.5m, make it in line with the average company (£1.6m)
£1.5m - Nameco (no. 1108) Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6%)
9% - Nameco (no. 1108) Limited
6% - Industry AVG
Production
with a gross margin of 74.9%, this company has a comparable cost of product (74.9%)
74.9% - Nameco (no. 1108) Limited
74.9% - Industry AVG
Profitability
an operating margin of 5.8% make it less profitable than the average company (13.6%)
5.8% - Nameco (no. 1108) Limited
13.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (25)
- Nameco (no. 1108) Limited
25 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Nameco (no. 1108) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £163.8k, this is less efficient (£2m)
- Nameco (no. 1108) Limited
£2m - Industry AVG
Debtor Days
it gets paid by customers after 269 days, this is near the average (234 days)
269 days - Nameco (no. 1108) Limited
234 days - Industry AVG
Creditor Days
its suppliers are paid after 1681 days, this is slower than average (268 days)
1681 days - Nameco (no. 1108) Limited
268 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nameco (no. 1108) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (14 weeks)
31 weeks - Nameco (no. 1108) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.4%, this is a higher level of debt than the average (88.2%)
102.4% - Nameco (no. 1108) Limited
88.2% - Industry AVG
NAMECO (NO. 1108) LIMITED financials
Nameco (No. 1108) Limited's latest turnover from December 2022 is £1.5 million and the company has net assets of -£135.3 thousand. According to their latest financial statements, we estimate that Nameco (No. 1108) Limited has 9 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,474,191 | 1,179,602 | 1,159,547 | 1,124,264 | 1,113,094 | 1,149,400 | 1,001,623 | 839,396 | 427,508 | 0 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | 117,379 | 89,384 | -85,349 | 32,031 | -78,020 | -277,716 | -25,108 | -58,626 | -144,391 | |
| Tax | -26,891 | 9,901 | 25,238 | -5,743 | 10,580 | 45,270 | 502 | 8,671 | 27,304 | |
| Profit After Tax | 90,488 | 99,285 | -60,111 | 26,288 | -67,440 | -232,446 | -24,606 | -49,955 | -117,087 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 90,488 | 99,285 | -60,111 | 26,288 | -67,440 | -232,446 | -24,606 | -49,955 | -117,087 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,422,369 | 2,759,533 | 2,573,177 | 2,525,558 | 1,104,141 | 2,493,466 | 2,375,205 | 870,946 | 426,852 | 0 |
| Intangible Assets | 1 | 1 | 779 | 1,563 | 26,577 | 156,846 | 261,718 | 383,048 | 508,298 | 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 | 3,422,370 | 2,759,534 | 2,573,956 | 2,527,121 | 1,130,718 | 2,650,312 | 2,636,923 | 1,253,994 | 935,150 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,087,467 | 758,423 | 707,468 | 650,518 | 718,871 | 662,499 | 636,881 | 390,401 | 274,670 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,040,987 | 430,833 | 418,645 | 65,851 | 80,273 | 68,349 | 79,593 | 24,877 | 6,860 | 0 |
| misc current assets | 13,432 | 8,375 | 8,973 | 8,672 | 11,183 | 8,454 | 6,560 | 3,012 | 2,144 | 0 |
| total current assets | 2,260,636 | 1,475,352 | 1,407,338 | 1,373,731 | 1,503,830 | 1,219,887 | 1,012,780 | 545,243 | 360,024 | 0 |
| total assets | 5,683,006 | 4,234,886 | 3,981,294 | 3,900,852 | 2,634,548 | 3,870,199 | 3,649,703 | 1,799,237 | 1,295,174 | 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 | 1,702,609 | 357,195 | 365,074 | 326,105 | 342,787 | 282,961 | 243,577 | 98,309 | 59,370 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 8,240 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,743,505 | 1,143,625 | 1,121,919 | 1,066,881 | 1,258,471 | 1,139,034 | 1,181,750 | 848,013 | 750,588 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,074,772 | 3,314,010 | 3,182,737 | 3,099,713 | 3,146,756 | 2,952,653 | 2,635,218 | 1,115,329 | 661,586 | 0 |
| total liabilities | 5,818,277 | 4,457,635 | 4,304,656 | 4,166,594 | 4,405,227 | 4,091,687 | 3,816,968 | 1,963,342 | 1,412,174 | 0 |
| net assets | -135,271 | -222,749 | -323,362 | -265,742 | -1,770,679 | -221,488 | -167,265 | -164,105 | -117,000 | 0 |
| total shareholders funds | -135,271 | -222,749 | -323,362 | -265,742 | -298,624 | -221,488 | -167,265 | -164,105 | -117,000 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | ||||||||||
| Tax | -26,891 | 9,901 | 25,238 | -5,743 | 10,580 | 45,270 | 502 | 8,671 | 27,304 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 329,044 | 50,955 | 56,950 | -68,353 | 56,372 | 25,618 | 246,480 | 115,731 | 274,670 | 0 |
| Creditors | 1,345,414 | -7,879 | 38,969 | -16,682 | 59,826 | 39,384 | 145,268 | 38,939 | 59,370 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 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 | -8,240 | -1,760 | 10,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 610,154 | 12,188 | 352,794 | -14,422 | 11,924 | -11,244 | 54,716 | 18,017 | 6,860 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 610,154 | 12,188 | 352,794 | -14,422 | 11,924 | -11,244 | 54,716 | 18,017 | 6,860 | 0 |
nameco (no. 1108) limited Credit Report and Business Information
Nameco (no. 1108) Limited Competitor Analysis
Perform a competitor analysis for nameco (no. 1108) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nameco (no. 1108) limited Ownership
NAMECO (NO. 1108) LIMITED group structure
Nameco (No. 1108) Limited has no subsidiary companies.
Ultimate parent company
NAMECO (NO. 1108) LIMITED
08653900
nameco (no. 1108) limited directors
Nameco (No. 1108) Limited currently has 3 directors. The longest serving directors include Mr Alan Thearle (Dec 2013) and Mr Michael Webb (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Thearle | England | 69 years | Dec 2013 | - | Director |
| Mr Michael Webb | England | 57 years | Jun 2022 | - | Director |
| Mr David Bowles | England | 55 years | Aug 2022 | - | Director |
P&L
December 2022turnover
1.5m
+25%
operating profit
86k
0%
gross margin
75%
+0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-135.3k
-0.39%
total assets
5.7m
+0.34%
cash
1m
+1.42%
net assets
Total assets minus all liabilities
Similar Companies
nameco (no. 1108) limited company details
company number
08653900
Type
Private limited with Share Capital
industry
65202 - Non-life reinsurance
65110 - Life insurance
65120 - Non-life insurance
incorporation date
August 2013
age
11
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
5th floor 70 gracechurch street, london, EC3V 0XL
last accounts submitted
December 2022
nameco (no. 1108) 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 did not find charges/mortgages relating to nameco (no. 1108) limited.
nameco (no. 1108) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
