northgate plastering ltd
northgate plastering ltd Company Information
Company Number
08809410
Next Accounts
Sep 2025
Shareholders
matthew mills
gary mills
View AllGroup Structure
View All
Industry
Plastering
Registered Address
42 woodlands road, guildford, surrey, GU1 1RW
northgate plastering ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHGATE PLASTERING LTD at £153.2k based on a Turnover of £386.6k and 0.4x industry multiple (adjusted for size and gross margin).
northgate plastering ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHGATE PLASTERING LTD at £188.4k based on an EBITDA of £53.9k and a 3.49x industry multiple (adjusted for size and gross margin).
northgate plastering ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHGATE PLASTERING LTD at £110.4k based on Net Assets of £43.6k and 2.53x industry multiple (adjusted for liquidity).
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Northgate Plastering Ltd Overview
Northgate Plastering Ltd is a live company located in surrey, GU1 1RW with a Companies House number of 08809410. It operates in the plastering sector, SIC Code 43310. Founded in December 2013, it's largest shareholder is matthew mills with a 33.3% stake. Northgate Plastering Ltd is a established, micro sized company, Pomanda has estimated its turnover at £386.6k with healthy growth in recent years.
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Northgate Plastering Ltd Health Check
Pomanda's financial health check has awarded Northgate Plastering Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £386.6k, make it larger than the average company (£192.4k)
- Northgate Plastering Ltd
£192.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.9%)
- Northgate Plastering Ltd
7.9% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (30.8%)
- Northgate Plastering Ltd
30.8% - Industry AVG
Profitability
an operating margin of 14% make it more profitable than the average company (7.8%)
- Northgate Plastering Ltd
7.8% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Northgate Plastering Ltd
2 - Industry AVG
Pay Structure
on an average salary of £23.7k, the company has an equivalent pay structure (£23.7k)
- Northgate Plastering Ltd
£23.7k - Industry AVG
Efficiency
resulting in sales per employee of £193.3k, this is more efficient (£132.8k)
- Northgate Plastering Ltd
£132.8k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (36 days)
- Northgate Plastering Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (39 days)
- Northgate Plastering Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Northgate Plastering Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Northgate Plastering Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71%, this is a higher level of debt than the average (51.8%)
71% - Northgate Plastering Ltd
51.8% - Industry AVG
NORTHGATE PLASTERING LTD financials
Northgate Plastering Ltd's latest turnover from December 2023 is estimated at £386.6 thousand and the company has net assets of £43.6 thousand. According to their latest financial statements, Northgate Plastering Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 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 | 2 | 3 | 3 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 40,380 | 8,257 | 10,321 | 12,902 | 16,127 | 20,159 | 25,199 | 31,498 | 39,373 | 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 | 40,380 | 8,257 | 10,321 | 12,902 | 16,127 | 20,159 | 25,199 | 31,498 | 39,373 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 110,251 | 86,884 | 100,491 | 124,023 | 193,736 | 182,056 | 183,037 | 123,388 | 99,430 | 18,181 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,033 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 110,251 | 86,884 | 100,491 | 124,023 | 193,736 | 182,056 | 183,037 | 123,388 | 99,430 | 39,214 |
| total assets | 150,631 | 95,141 | 110,812 | 136,925 | 209,863 | 202,215 | 208,236 | 154,886 | 138,803 | 39,214 |
| 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 | 65,468 | 62,282 | 42,802 | 24,368 | 22,501 | 17,677 | 35,524 | 11,065 | 27,354 | 26,936 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 65,468 | 62,282 | 42,802 | 24,368 | 22,501 | 17,677 | 35,524 | 11,065 | 27,354 | 26,936 |
| 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 | 41,521 | 29,667 | 36,561 | 40,000 | 0 | 0 | 12,101 | 18,806 | 26,328 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,875 | 0 |
| total long term liabilities | 41,521 | 29,667 | 36,561 | 40,000 | 0 | 3,761 | 12,101 | 18,806 | 34,203 | 0 |
| total liabilities | 106,989 | 91,949 | 79,363 | 64,368 | 22,501 | 21,438 | 47,625 | 29,871 | 61,557 | 26,936 |
| net assets | 43,642 | 3,192 | 31,449 | 72,557 | 187,362 | 180,777 | 160,611 | 125,015 | 77,246 | 12,278 |
| total shareholders funds | 43,642 | 3,192 | 31,449 | 72,557 | 187,362 | 180,777 | 160,611 | 125,015 | 77,246 | 12,278 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | |||||||||
| Amortisation | 0 | |||||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,367 | -13,607 | -23,532 | -69,713 | 11,680 | -981 | 59,649 | 23,958 | 81,249 | 18,181 |
| Creditors | 3,186 | 19,480 | 18,434 | 1,867 | 4,824 | -17,847 | 24,459 | -16,289 | 418 | 26,936 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,875 | 7,875 | 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 | 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 | 11,854 | -6,894 | -3,439 | 40,000 | 0 | -12,101 | -6,705 | -7,522 | 26,328 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,033 | 21,033 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,033 | 21,033 |
northgate plastering ltd Credit Report and Business Information
Northgate Plastering Ltd Competitor Analysis
Perform a competitor analysis for northgate plastering ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in GU1 area or any other competitors across 12 key performance metrics.
northgate plastering ltd Ownership
NORTHGATE PLASTERING LTD group structure
Northgate Plastering Ltd has no subsidiary companies.
Ultimate parent company
NORTHGATE PLASTERING LTD
08809410
northgate plastering ltd directors
Northgate Plastering Ltd currently has 2 directors. The longest serving directors include Mr Matthew Mills (Dec 2013) and Mr Gary Mills (Dec 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Mills | England | 40 years | Dec 2013 | - | Director |
| Mr Gary Mills | England | 38 years | Dec 2013 | - | Director |
P&L
December 2023turnover
386.6k
+28%
operating profit
53.9k
0%
gross margin
18.6%
+10.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
43.6k
+12.67%
total assets
150.6k
+0.58%
cash
0
0%
net assets
Total assets minus all liabilities
northgate plastering ltd company details
company number
08809410
Type
Private limited with Share Capital
industry
43310 - Plastering
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
42 woodlands road, guildford, surrey, GU1 1RW
Bank
-
Legal Advisor
-
northgate plastering 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 northgate plastering ltd.
northgate plastering ltd 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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northgate plastering ltd Companies House Filings - See Documents
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