nerudia limited
nerudia limited Company Information
Company Number
08815467
Website
www.nerudia.comRegistered Address
121 winterstoke road, bristol, BS3 2LL
Industry
Other research and experimental development on natural sciences and engineering
Telephone
01519098500
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
fontem ventures b.v. 100%
nerudia limited Estimated Valuation
Pomanda estimates the enterprise value of NERUDIA LIMITED at £1.6m based on a Turnover of £1.5m and 1.04x industry multiple (adjusted for size and gross margin).
nerudia limited Estimated Valuation
Pomanda estimates the enterprise value of NERUDIA LIMITED at £0 based on an EBITDA of £-6.8m and a 5x industry multiple (adjusted for size and gross margin).
nerudia limited Estimated Valuation
Pomanda estimates the enterprise value of NERUDIA LIMITED at £0 based on Net Assets of £-72.8m and 2.25x industry multiple (adjusted for liquidity).
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Nerudia Limited Overview
Nerudia Limited is a live company located in bristol, BS3 2LL with a Companies House number of 08815467. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in December 2013, it's largest shareholder is fontem ventures b.v. with a 100% stake. Nerudia Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Nerudia Limited Health Check
Pomanda's financial health check has awarded Nerudia Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£4m)
£1.5m - Nerudia Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (3.6%)
-47% - Nerudia Limited
3.6% - Industry AVG
Production
with a gross margin of 63.6%, this company has a lower cost of product (48.6%)
63.6% - Nerudia Limited
48.6% - Industry AVG
Profitability
an operating margin of -537.5% make it less profitable than the average company (4.8%)
-537.5% - Nerudia Limited
4.8% - Industry AVG
Employees
with 80 employees, this is above the industry average (42)
80 - Nerudia Limited
42 - Industry AVG
Pay Structure
on an average salary of £56.3k, the company has an equivalent pay structure (£56.9k)
£56.3k - Nerudia Limited
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £19.3k, this is less efficient (£109.5k)
£19.3k - Nerudia Limited
£109.5k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (49 days)
67 days - Nerudia Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (47 days)
133 days - Nerudia Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nerudia Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (41 weeks)
0 weeks - Nerudia Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 379%, this is a higher level of debt than the average (43.5%)
379% - Nerudia Limited
43.5% - Industry AVG
NERUDIA LIMITED financials
Nerudia Limited's latest turnover from September 2022 is £1.5 million and the company has net assets of -£72.8 million. According to their latest financial statements, Nerudia Limited has 80 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,543,438 | 4,148,809 | 3,133,689 | 10,165,887 | 8,341,544 | 10,907,800 | 10,295,617 | 1,197,984 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 562,326 | 835,795 | 1,819,913 | 5,221,798 | 4,625,398 | 3,555,645 | 2,859,003 | 592,326 | |
| Gross Profit | 981,112 | 3,313,014 | 1,313,776 | 4,944,089 | 3,716,146 | 7,352,155 | 7,436,614 | 605,658 | |
| Admin Expenses | 9,277,823 | 45,038,116 | 15,356,792 | 9,456,514 | 7,752,304 | 13,575,616 | 8,357,812 | 6,003,567 | |
| Operating Profit | -8,296,711 | -41,725,102 | -14,043,016 | -4,512,425 | -4,036,158 | -6,223,461 | -921,198 | -5,397,909 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 382,903 | 372,006 | 146,695 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -8,296,711 | -41,725,303 | -14,043,016 | -4,512,425 | -4,036,158 | -6,606,364 | -1,293,204 | -5,544,604 | |
| Tax | 1,430,361 | 7,954,873 | 264,663 | -351,295 | -818,000 | -977,370 | 466,705 | 1,093,815 | |
| Profit After Tax | -6,866,350 | -33,770,430 | -13,778,353 | -4,863,720 | -4,854,158 | -7,583,734 | -826,499 | -4,450,789 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -6,866,350 | -33,770,430 | -13,778,353 | -4,863,720 | -4,854,158 | -7,583,734 | -826,499 | -4,450,789 | |
| Employee Costs | 4,505,068 | 9,639,202 | 10,564,961 | 8,705,818 | 4,945,034 | 8,444,771 | 6,294,405 | ||
| Number Of Employees | 80 | 152 | 196 | 166 | 158 | 134 | 111 | ||
| EBITDA* | -6,814,937 | -35,670,245 | -12,428,673 | -3,337,896 | -3,417,453 | -5,438,837 | -332,706 | -5,066,271 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,264,238 | 3,063,308 | 4,082,032 | 5,016,615 | 3,672,658 | 2,659,737 | 3,547,776 | 3,069,384 | 1,038,859 |
| Intangible Assets | 9,919,522 | 7,116,749 | 31,055,832 | 18,873,241 | 1,134,966 | 1,242,704 | 612,501 | 333,928 | 0 |
| Investments & Other | 142 | 142 | 343 | 343 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 5,460 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,183,902 | 10,180,199 | 35,138,207 | 23,890,199 | 4,813,084 | 3,902,441 | 4,160,277 | 3,403,312 | 1,038,859 |
| Stock & work in progress | 0 | 337,215 | 667,554 | 1,069,805 | 2,863,603 | 513,557 | 1,095,761 | 445,002 | 5,945 |
| Trade Debtors | 287,100 | 923,237 | 364,983 | 1,534,680 | 4,618,544 | 142,404 | 1,226,222 | 541,033 | 462,343 |
| Group Debtors | 11,896,383 | 3,074,733 | 3,286,303 | 3,243,776 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 468,100 | 8,704,668 | 442,396 | 665,905 | 2,069,634 | 1,296,165 | 2,382,063 | 1,899,107 | 182,740 |
| Cash | 1,270,419 | 3,233,522 | 1,131,318 | 1,506,191 | 1,198,998 | 1,797,995 | 1,145,549 | 40,904 | 80,207 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,922,002 | 16,273,375 | 5,892,554 | 8,020,357 | 10,750,779 | 3,750,121 | 5,849,595 | 2,926,046 | 731,235 |
| total assets | 26,105,904 | 26,453,574 | 41,030,761 | 31,910,556 | 15,563,863 | 7,652,562 | 10,009,872 | 6,329,358 | 1,770,094 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 205,046 | 1,845,994 | 699,971 | 4,945,798 | 2,608,473 | 437,057 | 1,724,288 | 456,286 | 362,143 |
| Group/Directors Accounts | 95,749,122 | 87,543,001 | 72,279,657 | 44,685,705 | 26,808,829 | 0 | 0 | 246,831 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,972,923 | 4,673,101 | 1,889,225 | 2,338,792 | 1,795,314 | 1,641,641 | 948,963 | 1,664,079 | 0 |
| total current liabilities | 98,927,091 | 94,062,096 | 74,868,853 | 51,970,295 | 31,212,616 | 2,078,698 | 2,673,251 | 2,367,196 | 362,143 |
| loans | 0 | 0 | 0 | 0 | 0 | 16,426,620 | 10,000,000 | 6,800,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 605,643 | 605,000 | 400,000 |
| provisions | 0 | 0 | 0 | 0 | 58,161 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 58,161 | 16,426,620 | 10,605,643 | 7,405,000 | 400,000 |
| total liabilities | 98,927,091 | 94,062,096 | 74,868,853 | 51,970,295 | 31,270,777 | 18,505,318 | 13,278,894 | 9,772,196 | 762,143 |
| net assets | -72,821,187 | -67,608,522 | -33,838,092 | -20,059,739 | -15,706,914 | -10,852,756 | -3,269,022 | -3,442,838 | 1,007,951 |
| total shareholders funds | -72,821,187 | -67,608,522 | -33,838,092 | -20,059,739 | -15,706,914 | -10,852,756 | -3,269,022 | -3,442,838 | 1,007,951 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -8,296,711 | -41,725,102 | -14,043,016 | -4,512,425 | -4,036,158 | -6,223,461 | -921,198 | -5,397,909 | |
| Depreciation | 842,960 | 1,123,747 | 1,210,918 | 1,011,202 | 573,682 | 745,992 | 564,208 | 325,207 | 40,728 |
| Amortisation | 638,814 | 4,931,110 | 403,425 | 163,327 | 45,023 | 38,632 | 24,284 | 6,431 | 0 |
| Tax | 1,430,361 | 7,954,873 | 264,663 | -351,295 | -818,000 | -977,370 | 466,705 | 1,093,815 | |
| Stock | -337,215 | -330,339 | -402,251 | -1,793,798 | 2,350,046 | -582,204 | 650,759 | 439,057 | 5,945 |
| Debtors | -51,055 | 8,608,956 | -1,350,679 | -1,249,277 | 5,255,069 | -2,169,716 | 1,168,145 | 1,795,057 | 645,083 |
| Creditors | -1,640,948 | 1,146,023 | -4,245,827 | 2,337,325 | 2,171,416 | -1,287,231 | 1,268,002 | 94,143 | 362,143 |
| Accruals and Deferred Income | -1,700,178 | 2,783,876 | -449,567 | 543,478 | 153,673 | 692,678 | -715,116 | 1,664,079 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -58,161 | 58,161 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,337,432 | -32,064,090 | -15,106,474 | 2,176,526 | -9,457,318 | -4,258,840 | -1,132,019 | -4,448,348 | |
| Investing Activities | |||||||||
| capital expenditure | -1,523,888 | -1,215,014 | 842,879 | -2,723,721 | |||||
| Change in Investments | 0 | -201 | 0 | 343 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -1,523,888 | -1,215,014 | 842,879 | -2,723,721 | |||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,206,121 | 15,263,344 | 27,593,952 | 17,876,876 | 26,808,829 | 0 | -246,831 | 246,831 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -16,426,620 | 6,426,620 | 3,200,000 | 6,800,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -605,643 | 643 | 205,000 | 400,000 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -382,903 | -372,006 | -146,695 | |
| cash flow from financing | 9,859,806 | 15,263,344 | 27,593,952 | 18,387,771 | 10,382,209 | 5,438,074 | 3,582,121 | 7,105,136 | |
| cash and cash equivalents | |||||||||
| cash | -1,963,103 | 2,102,204 | -374,873 | 307,193 | -598,997 | 652,446 | 1,104,645 | -39,303 | 80,207 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,963,103 | 2,102,204 | -374,873 | 307,193 | -598,997 | 652,446 | 1,104,645 | -39,303 | 80,207 |
nerudia limited Credit Report and Business Information
Nerudia Limited Competitor Analysis
Perform a competitor analysis for nerudia limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nerudia limited Ownership
NERUDIA LIMITED group structure
Nerudia Limited has 4 subsidiary companies.
Ultimate parent company
IMPERIAL TOBACCO HOLDINGS (NETHERLANDS)
#0052432
2 parents
NERUDIA LIMITED
08815467
4 subsidiaries
nerudia limited directors
Nerudia Limited currently has 3 directors. The longest serving directors include Mr David Tillekeratne (Mar 2022) and Mr David Tillekeratne (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Tillekeratne | England | 47 years | Mar 2022 | - | Director |
| Mr David Tillekeratne | England | 47 years | Mar 2022 | - | Director |
| Ms Emily Carey | England | 50 years | Jun 2023 | - | Director |
P&L
September 2022turnover
1.5m
-63%
operating profit
-8.3m
-80%
gross margin
63.6%
-20.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-72.8m
+0.08%
total assets
26.1m
-0.01%
cash
1.3m
-0.61%
net assets
Total assets minus all liabilities
nerudia limited company details
company number
08815467
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
December 2013
age
11
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
121 winterstoke road, bristol, BS3 2LL
last accounts submitted
September 2022
nerudia 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 nerudia limited.
nerudia limited Companies House Filings - See Documents
| date | description | view/download |
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