nameco (no. 1231) limited

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nameco (no. 1231) limited Company Information

Share NAMECO (NO. 1231) LIMITED

Company Number

09156274

Shareholders

robin henry grey faber

thomas henry arthur faber

Group Structure

View All

Industry

Non-life insurance

 +1

Registered Address

5th floor 40 gracechurch street, london, EC3V 0BT

nameco (no. 1231) limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of NAMECO (NO. 1231) LIMITED at £2.3m based on a Turnover of £3.3m and 0.7x industry multiple (adjusted for size and gross margin).

nameco (no. 1231) limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of NAMECO (NO. 1231) LIMITED at £3.2m based on an EBITDA of £384k and a 8.32x industry multiple (adjusted for size and gross margin).

nameco (no. 1231) limited Estimated Valuation

£112.4k

Pomanda estimates the enterprise value of NAMECO (NO. 1231) LIMITED at £112.4k based on Net Assets of £71k and 1.58x industry multiple (adjusted for liquidity).

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Nameco (no. 1231) Limited Overview

Nameco (no. 1231) Limited is a live company located in london, EC3V 0BT with a Companies House number of 09156274. It operates in the non-life insurance sector, SIC Code 65120. Founded in July 2014, it's largest shareholder is robin henry grey faber with a 75% stake. Nameco (no. 1231) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.3m with high growth in recent years.

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Nameco (no. 1231) Limited Health Check

Pomanda's financial health check has awarded Nameco (No. 1231) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £3.3m, make it larger than the average company (£1.7m)

£3.3m - Nameco (no. 1231) Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (7.7%)

26% - Nameco (no. 1231) Limited

7.7% - Industry AVG

production

Production

with a gross margin of 100%, this company has a comparable cost of product (100%)

100% - Nameco (no. 1231) Limited

100% - Industry AVG

profitability

Profitability

an operating margin of 11.7% make it less profitable than the average company (16.7%)

11.7% - Nameco (no. 1231) Limited

16.7% - Industry AVG

employees

Employees

with 18 employees, this is similar to the industry average (18)

18 - Nameco (no. 1231) Limited

18 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1231) Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £181.9k, this is equally as efficient (£190.2k)

£181.9k - Nameco (no. 1231) Limited

£190.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 238 days, this is later than average (173 days)

238 days - Nameco (no. 1231) Limited

173 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1231) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1231) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (20 weeks)

4 weeks - Nameco (no. 1231) Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (80.3%)

99.3% - Nameco (no. 1231) Limited

80.3% - Industry AVG

NAMECO (NO. 1231) LIMITED financials

EXPORTms excel logo

Nameco (No. 1231) Limited's latest turnover from December 2023 is £3.3 million and the company has net assets of £71 thousand. According to their latest financial statements, we estimate that Nameco (No. 1231) Limited has 18 employees and maintains cash reserves of £298.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover3,274,4052,595,1281,857,2971,630,1071,559,2881,654,9341,700,6571,357,726620,597-3,453
Other Income Or Grants
Cost Of Sales6,18820,89830,935-303
Gross Profit3,274,4052,595,1281,857,2971,630,1071,559,2881,654,9341,694,4691,336,828589,662-3,150
Admin Expenses2,890,4222,910,1391,957,6341,571,9581,514,7181,834,5001,801,7141,456,005719,8952,252
Operating Profit383,983-315,011-100,33758,14944,570-179,566-107,245-119,177-130,233-5,402
Interest Payable2741121235201,5351,330227
Interest Receivable13,6517,0573621037527343618034
Pre-Tax Profit453,260-389,572-117,85626,21442,658-216,980-118,572-141,875-158,428-6,753
Tax-155,24081,50617,75720,549-7,19136,81811,46122,77828,2291,351
Profit After Tax298,020-308,066-100,09946,76335,467-180,162-107,111-119,097-130,199-5,402
Dividends Paid
Retained Profit298,020-308,066-100,09946,76335,467-180,162-107,111-119,097-130,199-5,402
Employee Costs78,476
Number Of Employees1815121091011941
EBITDA*383,983-315,011-100,33758,14944,570-179,566-107,245-119,177-130,233-5,402

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets6,359,6815,376,5833,890,7453,405,7323,206,3461,324,2753,200,7831,509,753639,5451,351
Intangible Assets102,998219,326194,281205,69393,086162,067289,176411,534528,426648,098
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6,462,6795,595,9094,085,0263,611,4253,299,4321,486,3423,489,9591,921,2871,167,971649,449
Stock & work in progress
Trade Debtors2,135,5951,806,2871,320,4681,200,1921,181,2851,395,0361,253,728788,324464,800
Group Debtors
Misc Debtors
Cash298,703221,323181,933107,60698,602101,92593,77750,75413,444
misc current assets36,31022,68815,01516,26415,94617,54315,1795,6023,721
total current assets4,344,1953,660,2393,340,0572,934,3872,654,3232,362,0012,042,3291,155,570676,248
total assets10,806,8749,256,1487,425,0836,545,8125,953,7553,848,3435,532,2883,076,8571,844,219649,449
Bank overdraft
Bank loan
Trade Creditors 839,365805,213549,682486,702442,810535,853414,719223,01395,976
Group/Directors Accounts
other short term finances2,5062,3583,95013,08532,4086,995
hp & lease commitments
other current liabilities
total current liabilities3,386,1912,925,0622,476,2111,973,0271,621,4101,377,4841,162,256600,360302,3246,752
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities7,349,6996,550,9864,855,0654,379,5764,189,9494,324,6414,076,7782,071,8871,029,947
total liabilities10,735,8909,476,0487,331,2766,352,6035,811,3595,702,1255,239,0342,672,2471,332,2716,752
net assets70,984-219,90093,807193,209142,396-1,853,782293,254404,610511,948642,697
total shareholders funds70,984-219,90093,807193,209142,39696,542293,254404,610511,948642,697
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit383,983-315,011-100,33758,14944,570-179,566-107,245-119,177-130,233-5,402
Depreciation
Amortisation
Tax-155,24081,50617,75720,549-7,19136,81811,46122,77828,2291,351
Stock
Debtors329,308485,819120,27618,907-213,751141,308465,404323,524464,800
Creditors34,152255,53162,98043,892-93,043121,134191,706127,03795,976
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-66,413-463,793-139,876103,683158,087-162,922-369,482-292,886-470,828-4,051
Investing Activities
capital expenditure-866,770-1,510,883-473,601-311,993-1,813,0902,003,617-1,568,672-753,316-518,522-649,449
Change in Investments
cash flow from investments-866,770-1,510,883-473,601-311,993-1,813,0902,003,617-1,568,672-753,316-518,522-649,449
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 1482,358-3,950-9,135-19,32325,4136,995
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-7,136-5,6416974,05010,387-16,550-4,24511,759-550648,099
interest13,3776,945239-417-783-5961348034
cash flow from financing6,3893,662-3,014-5,502-9,7198,2672,88411,839-516648,099
cash and cash equivalents
cash77,38039,39074,3279,004-3,3238,14843,02337,31013,444
overdraft
change in cash77,38039,39074,3279,004-3,3238,14843,02337,31013,444

nameco (no. 1231) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nameco (no. 1231) Limited Competitor Analysis

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Perform a competitor analysis for nameco (no. 1231) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.

nameco (no. 1231) limited Ownership

NAMECO (NO. 1231) LIMITED group structure

Nameco (No. 1231) Limited has no subsidiary companies.

Ultimate parent company

2 parents

NAMECO (NO. 1231) LIMITED

09156274

NAMECO (NO. 1231) LIMITED Shareholders

robin henry grey faber 75%
thomas henry arthur faber 25%

nameco (no. 1231) limited directors

Nameco (No. 1231) Limited currently has 2 directors. The longest serving directors include Mr Thomas Faber (Jan 2015) and Mr Robin Faber (Jan 2015).

officercountryagestartendrole
Mr Thomas FaberEngland38 years Jan 2015- Director
Mr Robin Faber69 years Jan 2015- Director

P&L

December 2023

turnover

3.3m

+26%

operating profit

384k

0%

gross margin

100%

0%

turnover

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

Balance Sheet

December 2023

net assets

71k

-1.32%

total assets

10.8m

+0.17%

cash

298.7k

+0.35%

net assets

Total assets minus all liabilities

nameco (no. 1231) limited company details

company number

09156274

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

65202 - Non-life reinsurance

incorporation date

July 2014

age

11

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PKF LITTLEJOHN LLP

address

5th floor 40 gracechurch street, london, EC3V 0BT

Bank

-

Legal Advisor

-

nameco (no. 1231) 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. 1231) limited.

nameco (no. 1231) limited 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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nameco (no. 1231) limited Companies House Filings - See Documents

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