Needhams Services (uk) Limited

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needhams services (uk) limited Company Information

Company Number

09001428

Next Accounts

Dec 2025

Directors

Gavin Hopkinson

Derek Birchenhall

Shareholders

derek birchenhall

sharon birchenhall

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Group Structure

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Industry

Maintenance and repair of motor vehicles

Registered Address

h t f house fields new road, chadderton, oldham, OL9 8NH

Website

www.needhamservices.co.uk

needhams services (uk) limited Estimated Valuation

£861.8k

Pomanda estimates the enterprise value of NEEDHAMS SERVICES (UK) LIMITED at £861.8k based on Net Assets of £304k and 2.84x industry multiple (adjusted for liquidity).

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Needhams Services (uk) Limited is a live company located in oldham, OL9 8NH with a Companies House number of 09001428. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2014, it's largest shareholder is derek birchenhall with a 25% stake. Needhams Services (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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Pomanda's financial health check has awarded Needhams Services (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

8 Strong

2 Regular

2 Weak

Size

annual sales of £1.3m, make it larger than the average company (£342.3k)

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (12.3%)

EXPORT

Needhams Services (Uk) Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £304 thousand. According to their latest financial statements, Needhams Services (Uk) Limited has 10 employees and maintains cash reserves of £143.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Turnover	1,258,114	1,078,769	1,023,303	799,557	1,016,382	1,332,731	1,047,501	1,172,161	965,532	1,300,093
Other Income Or Grants
Cost Of Sales	798,437	702,588	676,815	518,369	640,834	832,168	631,743	696,560	568,494	773,578
Gross Profit	459,677	376,180	346,488	281,188	375,548	500,563	415,759	475,601	397,038	526,515
Admin Expenses	409,517	357,378	352,323	292,135	340,398	443,353	384,780	419,254	307,296	475,692
Operating Profit	50,160	18,802	-5,835	-10,947	35,150	57,210	30,979	56,347	89,742	50,823
Interest Payable
Interest Receivable	6,958	4,107	680	120	107	699	510	221	294	106
Pre-Tax Profit	57,117	22,909	-5,155	-10,827	35,257	57,909	31,489	56,568	90,036	50,929
Tax	-14,279	-4,353			-6,699	-11,003	-5,983	-11,313	-18,007	-10,695
Profit After Tax	42,838	18,556	-5,155	-10,827	28,558	46,906	25,506	45,254	72,029	40,234
Dividends Paid
Retained Profit	42,838	18,556	-5,155	-10,827	28,558	46,906	25,506	45,254	72,029	40,234
Employee Costs	294,152	244,740	243,650	236,774	329,422	343,204	295,624	270,458	238,091	346,010
Number Of Employees	10	9	9	9	12	12	11	10	9	13
EBITDA*	83,850	51,395	25,836	15,142	64,248	80,008	47,285	71,250	112,121	76,605

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Tangible Assets	154,173	111,448	103,581	108,355	93,464	96,559	63,850	49,212	53,748	77,346
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	154,173	111,448	103,581	108,355	93,464	96,559	63,850	49,212	53,748	77,346
Stock & work in progress	28,339	24,210	19,717	19,950	18,258	13,228	12,728	23,901	24,472	31,741
Trade Debtors	216,658	203,580	201,043	130,984	165,344	253,084	178,369	172,197	126,396	125,378
Group Debtors
Misc Debtors	42,117	36,553	42,883	31,913	35,284	24,929	24,464	15,286	16,111
Cash	143,203	121,849	71,403	110,006	130,651	83,701	102,667	101,320	75,242	42,339
misc current assets
total current assets	430,317	386,192	335,046	292,853	349,537	374,942	318,228	312,704	242,221	199,458
total assets	584,490	497,640	438,627	401,208	443,001	471,501	382,078	361,916	295,969	276,804
Bank overdraft
Bank loan
Trade Creditors	148,092	125,437	120,783	93,266	91,266	119,599	118,748	113,367	96,380	234,111
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities	73,143	66,919	55,559	39,595	73,180	73,398	58,077	90,932	87,226
total current liabilities	221,235	192,356	176,342	132,861	164,446	192,997	176,825	204,299	183,606	234,111
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities	17,712	22,948			2,210	30,129	10,000			2,359
provisions	41,544	21,175	19,680	20,587	17,758	18,346	12,130
total long term liabilities	59,256	44,123	19,680	20,587	19,968	48,475	22,130			2,359
total liabilities	280,491	236,479	196,022	153,448	184,414	241,472	198,955	204,299	183,606	236,470
net assets	303,999	261,161	242,605	247,760	258,587	230,029	183,123	157,617	112,363	40,334
total shareholders funds	303,999	261,161	242,605	247,760	258,587	230,029	183,123	157,617	112,363	40,334

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Operating Activities
Operating Profit	50,160	18,802	-5,835	-10,947	35,150	57,210	30,979	56,347	89,742	50,823
Depreciation	33,690	32,593	31,671	26,089	29,098	22,798	16,306	14,903	22,379	25,782
Amortisation
Tax	-14,279	-4,353			-6,699	-11,003	-5,983	-11,313	-18,007	-10,695
Stock	4,129	4,493	-233	1,692	5,030	500	-11,173	-571	-7,269	31,741
Debtors	18,642	-3,793	81,029	-37,731	-77,385	75,180	15,350	44,976	17,129	125,378
Creditors	22,655	4,654	27,517	2,000	-28,333	851	5,381	16,987	-137,731	234,111
Accruals and Deferred Income	6,224	11,360	15,964	-33,585	-218	15,321	-32,855	3,706	87,226
Deferred Taxes & Provisions	20,369	1,495	-907	2,829	-588	6,216	12,130
Cash flow from operations	96,048	63,851	-12,386	22,425	100,765	15,713	21,781	36,225	33,749	142,902
Investing Activities
capital expenditure	-76,415	-40,460	-26,897	-40,980	-26,003	-55,507	-30,944	-10,367	1,219	-103,128
Change in Investments
cash flow from investments	-76,415	-40,460	-26,897	-40,980	-26,003	-55,507	-30,944	-10,367	1,219	-103,128
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities	-5,236	22,948		-2,210	-27,919	20,129	10,000		-2,359	2,359
share issue										100
interest	6,958	4,107	680	120	107	699	510	221	294	106
cash flow from financing	1,722	27,055	680	-2,090	-27,812	20,828	10,510	221	-2,065	2,565
cash and cash equivalents
cash	21,354	50,446	-38,603	-20,645	46,950	-18,966	1,347	26,078	32,903	42,339
overdraft
change in cash	21,354	50,446	-38,603	-20,645	46,950	-18,966	1,347	26,078	32,903	42,339

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for needhams services (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in OL9 area or any other competitors across 12 key performance metrics.

NEEDHAMS SERVICES (UK) LIMITED group structure

Needhams Services (Uk) Limited has no subsidiary companies.

Ultimate parent company

NEEDHAMS SERVICES (UK) LIMITED

09001428

NEEDHAMS SERVICES (UK) LIMITED Shareholders

derek birchenhall	25%
sharon birchenhall	25%
anna hopkinson	25%
gavin hopkinson	25%

Needhams Services (Uk) Limited currently has 2 directors. The longest serving directors include Mr Gavin Hopkinson (Apr 2014) and Mr Derek Birchenhall (Apr 2014).

officer	country	age	start	end	role
Mr Gavin Hopkinson	United Kingdom	47 years	Apr 2014	-	Director
Mr Derek Birchenhall	England	60 years	Apr 2014	-	Director

P&L

March 2024

turnover

1.3m

+17%

operating profit

50.2k

gross margin

36.6%

+4.78%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

304k

+0.16%

total assets

584.5k

+0.17%

cash

143.2k

+0.18%

net assets

Total assets minus all liabilities

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company number

09001428

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

April 2014

ultimate parent company

None

previous names

N/A

address

h t f house fields new road, chadderton, oldham, OL9 8NH

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 needhams services (uk) limited.

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needhams services (uk) limited Company Information

needhams services (uk) limited Estimated Valuation

needhams services (uk) limited Estimated Valuation

needhams services (uk) limited Estimated Valuation

Needhams Services (uk) Limited Overview

Needhams Services (uk) Limited Health Check

NEEDHAMS SERVICES (UK) LIMITED financials

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