novelty (uk) limited

4

novelty (uk) limited Company Information

Share NOVELTY (UK) LIMITED
Dissolved 

Company Number

09227357

Registered Address

hayes house 6 hayes road, bromley, kent, BR2 9AA

Industry

Development of building projects

 

Buying and selling of own real estate

 

Telephone

-

Next Accounts Due

June 2024

Group Structure

View All

Directors

Nirav Shah9 Years

Manjri Shah9 Years

Shareholders

manjri rajesh shah 50%

nirav dhirajlal shah 50%

novelty (uk) limited Estimated Valuation

£440.9k

Pomanda estimates the enterprise value of NOVELTY (UK) LIMITED at £440.9k based on a Turnover of £326.7k and 1.35x industry multiple (adjusted for size and gross margin).

novelty (uk) limited Estimated Valuation

£946.1k

Pomanda estimates the enterprise value of NOVELTY (UK) LIMITED at £946.1k based on an EBITDA of £215.9k and a 4.38x industry multiple (adjusted for size and gross margin).

novelty (uk) limited Estimated Valuation

£260.5k

Pomanda estimates the enterprise value of NOVELTY (UK) LIMITED at £260.5k based on Net Assets of £192.3k and 1.35x industry multiple (adjusted for liquidity).

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Novelty (uk) Limited Overview

Novelty (uk) Limited is a dissolved company that was located in kent, BR2 9AA with a Companies House number of 09227357. It operated in the development of building projects sector, SIC Code 41100. Founded in September 2014, it's largest shareholder was manjri rajesh shah with a 50% stake. The last turnover for Novelty (uk) Limited was estimated at £326.7k.

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Novelty (uk) Limited Health Check

Pomanda's financial health check has awarded Novelty (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £326.7k, make it smaller than the average company (£1.2m)

£326.7k - Novelty (uk) Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 111%, show it is growing at a faster rate (4.2%)

111% - Novelty (uk) Limited

4.2% - Industry AVG

production

Production

with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)

48.2% - Novelty (uk) Limited

48.2% - Industry AVG

profitability

Profitability

an operating margin of 66% make it more profitable than the average company (32%)

66% - Novelty (uk) Limited

32% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Novelty (uk) Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)

£41.1k - Novelty (uk) Limited

£41.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £163.4k, this is less efficient (£250.1k)

£163.4k - Novelty (uk) Limited

£250.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Novelty (uk) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Novelty (uk) Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 21 days, this is less than average (434 days)

21 days - Novelty (uk) Limited

434 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 585 weeks, this is more cash available to meet short term requirements (9 weeks)

585 weeks - Novelty (uk) Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (65.8%)

81.1% - Novelty (uk) Limited

65.8% - Industry AVG

NOVELTY (UK) LIMITED financials

EXPORTms excel logo

Novelty (Uk) Limited's latest turnover from September 2018 is estimated at £326.7 thousand and the company has net assets of £192.3 thousand. According to their latest financial statements, Novelty (Uk) Limited has 2 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2018Sep 2017Sep 2016Sep 2015
Turnover326,726376,812411,25934,882
Other Income Or Grants0000
Cost Of Sales169,296192,199209,80218,131
Gross Profit157,430184,614201,45716,751
Admin Expenses-58,326165,990202,21717,002
Operating Profit215,75618,624-760-251
Interest Payable0000
Interest Receivable4,001972511
Pre-Tax Profit219,75718,721-735-240
Tax-41,754-3,55700
Profit After Tax178,00315,164-735-240
Dividends Paid0000
Retained Profit178,00315,164-735-240
Employee Costs82,12677,06478,20737,623
Number Of Employees2221
EBITDA*215,85718,624-760-251

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2018Sep 2017Sep 2016Sep 2015
Tangible Assets306000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets306000
Stock & work in progress10,000758,1901,057,354519,031
Trade Debtors0000
Group Debtors0000
Misc Debtors0000
Cash1,005,35461,64515,7354,569
misc current assets0000
total current assets1,015,354819,8351,073,089523,600
total assets1,015,660819,8351,073,089523,600
Bank overdraft0000
Bank loan0000
Trade Creditors 000240
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities89,34821,5264640
total current liabilities89,34821,526464240
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities734,020784,0201,073,500523,500
provisions0000
total long term liabilities734,020784,0201,073,500523,500
total liabilities823,368805,5461,073,964523,740
net assets192,29214,289-875-140
total shareholders funds192,29214,289-875-140
Sep 2018Sep 2017Sep 2016Sep 2015
Operating Activities
Operating Profit215,75618,624-760-251
Depreciation101000
Amortisation0000
Tax-41,754-3,55700
Stock-748,190-299,164538,323519,031
Debtors0000
Creditors00-240240
Accruals and Deferred Income67,82221,0624640
Deferred Taxes & Provisions0000
Cash flow from operations990,115335,293-538,859-519,042
Investing Activities
capital expenditure-407000
Change in Investments0000
cash flow from investments-407000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities-50,000-289,480550,000523,500
share issue000100
interest4,001972511
cash flow from financing-45,999-289,383550,025523,611
cash and cash equivalents
cash943,70945,91011,1664,569
overdraft0000
change in cash943,70945,91011,1664,569

novelty (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for novelty (uk) limited. Get real-time insights into novelty (uk) limited's credit score, group structure and payment trends.

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Novelty (uk) Limited Competitor Analysis

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Perform a competitor analysis for novelty (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

novelty (uk) limited Ownership

NOVELTY (UK) LIMITED group structure

Novelty (Uk) Limited has no subsidiary companies.

Ultimate parent company

NOVELTY (UK) LIMITED

09227357

NOVELTY (UK) LIMITED Shareholders

manjri rajesh shah 50%
nirav dhirajlal shah 50%

novelty (uk) limited directors

Novelty (Uk) Limited currently has 2 directors. The longest serving directors include Mr Nirav Shah (Sep 2014) and Mrs Manjri Shah (Sep 2014).

officercountryagestartendrole
Mr Nirav ShahEngland41 years Sep 2014- Director
Mrs Manjri ShahUnited Kingdom61 years Sep 2014- Director

P&L

September 2018

turnover

326.7k

-13%

operating profit

215.8k

0%

gross margin

48.2%

-1.65%

turnover

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

Balance Sheet

September 2018

net assets

192.3k

+12.46%

total assets

1m

+0.24%

cash

1m

+15.31%

net assets

Total assets minus all liabilities

novelty (uk) limited company details

company number

09227357

Type

Private limited with Share Capital

industry

41100 - Development of building projects

68100 - Buying and selling of own real estate

incorporation date

September 2014

age

10

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

hayes house 6 hayes road, bromley, kent, BR2 9AA

last accounts submitted

September 2018

novelty (uk) 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 novelty (uk) limited.

charges

novelty (uk) limited Companies House Filings - See Documents

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