novelty (uk) limited
novelty (uk) limited Company Information
Company Number
09227357
Website
www.noveltycare.co.ukRegistered 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
Shareholders
manjri rajesh shah 50%
nirav dhirajlal shah 50%
novelty (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of NOVELTY (UK) LIMITED at £409.9k based on a Turnover of £326.7k and 1.25x industry multiple (adjusted for size and gross margin).
novelty (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of NOVELTY (UK) LIMITED at £968.4k based on an EBITDA of £215.9k and a 4.49x industry multiple (adjusted for size and gross margin).
novelty (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of NOVELTY (UK) LIMITED at £263.1k based on Net Assets of £192.3k and 1.37x 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
4 Strong
2 Regular
4 Weak
Size
annual sales of £326.7k, make it smaller than the average company (£1.2m)
- Novelty (uk) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 111%, show it is growing at a faster rate (4.2%)
- Novelty (uk) Limited
4.2% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
- Novelty (uk) Limited
48.2% - Industry AVG
Profitability
an operating margin of 66% make it more profitable than the average company (32%)
- Novelty (uk) Limited
32% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Novelty (uk) Limited
5 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Novelty (uk) Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £163.4k, this is less efficient (£250.1k)
- Novelty (uk) Limited
£250.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Novelty (uk) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Novelty (uk) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (434 days)
- Novelty (uk) Limited
434 days - Industry AVG
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
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
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 House, Pomanda Estimates
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|
| Tangible Assets | 306 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 306 | 0 | 0 | 0 |
| Stock & work in progress | 10,000 | 758,190 | 1,057,354 | 519,031 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 1,005,354 | 61,645 | 15,735 | 4,569 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,015,354 | 819,835 | 1,073,089 | 523,600 |
| total assets | 1,015,660 | 819,835 | 1,073,089 | 523,600 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 240 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 89,348 | 21,526 | 464 | 0 |
| total current liabilities | 89,348 | 21,526 | 464 | 240 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 734,020 | 784,020 | 1,073,500 | 523,500 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 734,020 | 784,020 | 1,073,500 | 523,500 |
| total liabilities | 823,368 | 805,546 | 1,073,964 | 523,740 |
| net assets | 192,292 | 14,289 | -875 | -140 |
| total shareholders funds | 192,292 | 14,289 | -875 | -140 |
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 101 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -748,190 | -299,164 | 538,323 | 519,031 |
| Debtors | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | -240 | 240 |
| Accruals and Deferred Income | 67,822 | 21,062 | 464 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -50,000 | -289,480 | 550,000 | 523,500 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 943,709 | 45,910 | 11,166 | 4,569 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 943,709 | 45,910 | 11,166 | 4,569 |
novelty (uk) limited Credit Report and Business Information
Novelty (uk) Limited Competitor Analysis
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 directors
Novelty (Uk) Limited currently has 2 directors. The longest serving directors include Mr Nirav Shah (Sep 2014) and Mrs Manjri Shah (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nirav Shah | England | 41 years | Sep 2014 | - | Director |
| Mrs Manjri Shah | United Kingdom | 61 years | Sep 2014 | - | Director |
P&L
September 2018turnover
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 2018net 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
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.
novelty (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
