nottingham revenues and benefits limited
nottingham revenues and benefits limited Company Information
Company Number
09157986
Next Accounts
Dec 2024
Industry
General public administration activities
Shareholders
nottingham city council
Group Structure
View All
Contact
Registered Address
second floor loxley house, station street, nottingham, NG2 3NG
Website
-nottingham revenues and benefits limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM REVENUES AND BENEFITS LIMITED at £2.6m based on a Turnover of £6.5m and 0.4x industry multiple (adjusted for size and gross margin).
nottingham revenues and benefits limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM REVENUES AND BENEFITS LIMITED at £0 based on an EBITDA of £-924.1k and a 2.82x industry multiple (adjusted for size and gross margin).
nottingham revenues and benefits limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM REVENUES AND BENEFITS LIMITED at £2.3m based on Net Assets of £955.3k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nottingham Revenues And Benefits Limited Overview
Nottingham Revenues And Benefits Limited is a live company located in nottingham, NG2 3NG with a Companies House number of 09157986. It operates in the general public administration activities sector, SIC Code 84110. Founded in August 2014, it's largest shareholder is nottingham city council with a 100% stake. Nottingham Revenues And Benefits Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.5m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Nottingham Revenues And Benefits Limited Health Check
Pomanda's financial health check has awarded Nottingham Revenues And Benefits 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 £6.5m, make it larger than the average company (£1.6m)
£6.5m - Nottingham Revenues And Benefits Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.5%)
2% - Nottingham Revenues And Benefits Limited
3.5% - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (24.8%)
11% - Nottingham Revenues And Benefits Limited
24.8% - Industry AVG
Profitability
an operating margin of -14.3% make it less profitable than the average company (0.9%)
-14.3% - Nottingham Revenues And Benefits Limited
0.9% - Industry AVG
Employees
with 190 employees, this is above the industry average (24)
190 - Nottingham Revenues And Benefits Limited
24 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£37.8k)
£30.6k - Nottingham Revenues And Benefits Limited
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £34.4k, this is less efficient (£81.4k)
£34.4k - Nottingham Revenues And Benefits Limited
£81.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (17 days)
1 days - Nottingham Revenues And Benefits Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (27 days)
2 days - Nottingham Revenues And Benefits Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nottingham Revenues And Benefits Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is less cash available to meet short term requirements (66 weeks)
43 weeks - Nottingham Revenues And Benefits Limited
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.3%, this is a higher level of debt than the average (49.6%)
70.3% - Nottingham Revenues And Benefits Limited
49.6% - Industry AVG
NOTTINGHAM REVENUES AND BENEFITS LIMITED financials
Nottingham Revenues And Benefits Limited's latest turnover from March 2023 is £6.5 million and the company has net assets of £955.3 thousand. According to their latest financial statements, Nottingham Revenues And Benefits Limited has 190 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,536,031 | 6,365,107 | 6,481,702 | 6,114,754 | 5,998,834 | 5,635,209 | 5,941,270 | 6,117,014 | 2,489,225 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 5,814,157 | 5,478,408 | 5,334,730 | 5,004,128 | 4,859,316 | 4,725,403 | 4,876,284 | 4,984,572 | 1,880,228 |
| Gross Profit | 721,874 | 886,699 | 1,146,972 | 1,110,626 | 1,139,518 | 909,806 | 1,064,986 | 1,132,442 | 608,997 |
| Admin Expenses | 1,659,099 | 1,870,961 | 1,345,710 | 1,864,260 | 1,727,473 | 1,671,476 | 1,226,470 | 1,311,616 | 6,049,324 |
| Operating Profit | -937,225 | -984,262 | -198,738 | -753,634 | -587,955 | -761,670 | -161,484 | -179,174 | -5,440,327 |
| Interest Payable | 376,000 | 338,000 | 227,000 | 233,000 | 248,000 | 257,000 | 154,000 | 0 | 0 |
| Interest Receivable | 45,876 | 0 | 0 | 4,002 | 2,810 | 5,069 | 4,262 | 6,001 | 1,041 |
| Pre-Tax Profit | -1,267,349 | -1,318,404 | -423,738 | -968,273 | -821,589 | -1,010,827 | -311,222 | -395,173 | -5,526,286 |
| Tax | -224,653 | -209,163 | 0 | 0 | 0 | 0 | 75,699 | -75,699 | -44,766 |
| Profit After Tax | -1,492,002 | -1,527,567 | -423,738 | -968,273 | -821,589 | -1,010,827 | -235,523 | -470,872 | -5,571,052 |
| Dividends Paid | 0 | 81,296 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,492,002 | -1,608,863 | -423,738 | -968,273 | -821,589 | -1,010,827 | -235,523 | -470,872 | -5,571,052 |
| Employee Costs | 5,814,157 | 5,478,408 | 5,334,730 | 5,004,128 | 4,859,316 | 4,725,403 | 5,302,285 | 5,533,572 | 2,250,228 |
| Number Of Employees | 190 | 192 | 192 | 194 | 206 | 206 | 207 | 215 | 213 |
| EBITDA* | -924,065 | -971,705 | -180,824 | -739,784 | -576,864 | -755,714 | -158,810 | -176,641 | -5,439,271 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,755 | 19,255 | 23,359 | 19,971 | 19,617 | 26,102 | 4,729 | 4,011 | 6,544 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,755 | 19,255 | 23,359 | 19,971 | 19,617 | 26,102 | 4,729 | 4,011 | 6,544 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,408 | 126,880 | 1,107,485 | 642,599 | 697,689 | 585,891 | 600,192 | 8,999 | 0 |
| Group Debtors | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,563,527 | 0 | 0 | 0 |
| Misc Debtors | 0 | 3,858 | 2,000 | 53,918 | 58,755 | 65,318 | 77,029 | 764 | 16,415 |
| Cash | 1,176,469 | 487,959 | 1,957,868 | 936,667 | 501,536 | 701,122 | 1,553,031 | 1,134,647 | 1,096,128 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,198,877 | 2,618,697 | 5,067,353 | 3,633,184 | 3,257,980 | 2,915,858 | 2,230,252 | 1,144,410 | 1,112,543 |
| total assets | 3,216,632 | 2,637,952 | 5,090,712 | 3,653,155 | 3,277,597 | 2,941,960 | 2,234,981 | 1,148,421 | 1,119,087 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,925 | 130 | 275 | 1,620 | 1,059 | 150,222 | 0 | 0 | 0 |
| Group/Directors Accounts | 870,876 | 322,983 | 729,566 | 1,137,546 | 1,140,332 | 1,109,508 | 566,622 | 268,503 | 126,799 |
| 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 | 492,569 | 499,575 | 2,462,744 | 1,047,124 | 1,085,068 | 803,503 | 848,805 | 404,841 | 817,339 |
| total current liabilities | 1,399,370 | 822,688 | 3,192,585 | 2,186,290 | 2,226,459 | 2,063,233 | 1,415,427 | 673,344 | 944,138 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 862,000 | 14,860,000 | 17,036,000 | 10,018,000 | 9,965,000 | 10,015,000 | 9,790,000 | 4,520,000 | 6,963,000 |
| total liabilities | 2,261,370 | 15,682,688 | 20,228,585 | 12,204,290 | 12,191,459 | 12,078,233 | 11,205,427 | 5,193,344 | 7,907,138 |
| net assets | 955,262 | -13,044,736 | -15,137,873 | -8,551,135 | -8,913,862 | -9,136,273 | -8,970,446 | -4,044,923 | -6,788,051 |
| total shareholders funds | 955,262 | -13,044,736 | -15,137,873 | -8,551,135 | -8,913,862 | -9,136,273 | -8,970,446 | -4,044,923 | -6,788,051 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -937,225 | -984,262 | -198,738 | -753,634 | -587,955 | -761,670 | -161,484 | -179,174 | -5,440,327 |
| Depreciation | 13,160 | 12,557 | 17,914 | 13,850 | 11,091 | 5,956 | 2,674 | 2,533 | 1,056 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -224,653 | -209,163 | 0 | 0 | 0 | 0 | 75,699 | -75,699 | -44,766 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -108,330 | -978,747 | 412,968 | -59,927 | 541,708 | 1,537,515 | 667,458 | -6,652 | 16,415 |
| Creditors | 35,795 | -145 | -1,345 | 561 | -149,163 | 150,222 | 0 | 0 | 0 |
| Accruals and Deferred Income | -7,006 | -1,963,169 | 1,415,620 | -37,944 | 281,565 | -45,302 | 443,964 | -412,498 | 817,339 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,011,599 | -2,165,435 | 820,483 | -717,240 | -986,170 | -2,188,309 | -306,605 | -658,186 | -4,683,113 |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 10,495 | -24,555 | -3,520 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 10,495 | -24,555 | -3,520 | 0 | 0 |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 547,893 | -406,583 | -407,980 | -2,786 | 30,824 | 542,886 | 298,119 | 141,704 | 126,799 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -330,124 | -338,000 | -227,000 | -228,998 | -245,190 | -251,931 | -149,738 | 6,001 | 1,041 |
| cash flow from financing | 15,709,769 | 2,957,417 | -6,797,980 | 1,099,216 | 829,634 | 1,135,955 | -4,541,619 | 3,361,705 | -1,089,159 |
| cash and cash equivalents | |||||||||
| cash | 688,510 | -1,469,909 | 1,021,201 | 435,131 | -199,586 | -851,909 | 418,384 | 38,519 | 1,096,128 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 688,510 | -1,469,909 | 1,021,201 | 435,131 | -199,586 | -851,909 | 418,384 | 38,519 | 1,096,128 |
nottingham revenues and benefits limited Credit Report and Business Information
Nottingham Revenues And Benefits Limited Competitor Analysis
Perform a competitor analysis for nottingham revenues and benefits limited by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other mid companies, companies in NG2 area or any other competitors across 12 key performance metrics.
nottingham revenues and benefits limited Ownership
NOTTINGHAM REVENUES AND BENEFITS LIMITED group structure
Nottingham Revenues And Benefits Limited has no subsidiary companies.
Ultimate parent company
NOTTINGHAM CITY COUNCIL
#0018946
1 parent
NOTTINGHAM REVENUES AND BENEFITS LIMITED
09157986
nottingham revenues and benefits limited directors
Nottingham Revenues And Benefits Limited currently has 2 directors. The longest serving directors include Mr Kenneth France (Feb 2024) and Mr Colin Wilderspin (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth France | 40 years | Feb 2024 | - | Director | |
| Mr Colin Wilderspin | 42 years | Feb 2024 | - | Director |
P&L
March 2023turnover
6.5m
+3%
operating profit
-937.2k
-5%
gross margin
11.1%
-20.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
955.3k
-1.07%
total assets
3.2m
+0.22%
cash
1.2m
+1.41%
net assets
Total assets minus all liabilities
nottingham revenues and benefits limited company details
company number
09157986
Type
Private limited with Share Capital
industry
84110 - General public administration activities
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
PKF SMITH COOPER AUDIT LIMITED
address
second floor loxley house, station street, nottingham, NG2 3NG
Bank
-
Legal Advisor
-
nottingham revenues and benefits 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 nottingham revenues and benefits limited.
nottingham revenues and benefits limited Companies House Filings - See Documents
| date | description | view/download |
|---|
