enterprise house, the courtyard, old courthouse ro, wirral, merseyside, CH62 4UE
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northwest coverings limitedEstimated Valuation
£271.6k
Pomanda estimates the enterprise value of NORTHWEST COVERINGS LIMITED at £271.6k based on a Turnover of £405k and 0.67x industry multiple (adjusted for size and gross margin).
northwest coverings limitedEstimated Valuation
£1.2k
Pomanda estimates the enterprise value of NORTHWEST COVERINGS LIMITED at £1.2k based on an EBITDA of £265 and a 4.42x industry multiple (adjusted for size and gross margin).
northwest coverings limitedEstimated Valuation
£47.7k
Pomanda estimates the enterprise value of NORTHWEST COVERINGS LIMITED at £47.7k based on Net Assets of £24.3k and 1.96x industry multiple (adjusted for liquidity).
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Northwest Coverings LimitedOverview
Northwest Coverings Limited is a live company located in wirral, CH62 4UE with a Companies House number of 09251103. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2014, it's largest shareholder is
robert shields
with a 34% stake. Northwest Coverings Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£405k with
high
growth in recent years.
Pomanda's financial health check has awarded Northwest Coverings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £405k, make it smaller than the average company (£848.9k)
£405k - Northwest Coverings Limited
£848.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (8.2%)
28% - Northwest Coverings Limited
8.2% - Industry AVG
Production
with a gross margin of 40%, this company has a comparable cost of product (40%)
40% - Northwest Coverings Limited
40% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (5.8%)
-1.3% - Northwest Coverings Limited
5.8% - Industry AVG
Employees
with 6 employees, this is below the industry average (14)
6 - Northwest Coverings Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
£29k - Northwest Coverings Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £67.5k, this is equally as efficient (£73.3k)
£67.5k - Northwest Coverings Limited
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (28 days)
43 days - Northwest Coverings Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (37 days)
28 days - Northwest Coverings Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (32 days)
0 days - Northwest Coverings Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 33 weeks, this is less cash available to meet short term requirements (57 weeks)
33 weeks - Northwest Coverings Limited
57 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (38%)
81.6% - Northwest Coverings Limited
38% - Industry AVG
NORTHWEST COVERINGS LIMITED financials
EXPORT
Northwest Coverings Limited's latest turnover from March 2024 is estimated at £405 thousand and the company has net assets of £24.3 thousand. According to their latest financial statements, Northwest Coverings Limited has 6 employees and maintains cash reserves of £55.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Turnover
405,049
208,979
205,464
193,851
576,979
574,781
675,521
172,641
527,583
414,277
Other Income Or Grants
Cost Of Sales
242,954
123,788
123,113
116,858
350,798
346,569
406,083
101,854
308,331
245,759
Gross Profit
162,094
85,191
82,351
76,993
226,181
228,213
269,438
70,787
219,251
168,517
Admin Expenses
167,493
63,882
60,096
75,619
226,438
229,125
268,857
104,570
192,922
151,735
Operating Profit
-5,399
21,309
22,255
1,374
-257
-912
581
-33,783
26,329
16,782
Interest Payable
3,290
3,503
3,358
1,391
Interest Receivable
2,082
860
354
7
39
79
Pre-Tax Profit
-6,607
18,665
19,252
-10
-257
-912
581
-33,783
26,369
16,861
Tax
-3,546
-3,658
-110
-5,274
-3,372
Profit After Tax
-6,607
15,119
15,594
-10
-257
-912
471
-33,783
21,095
13,489
Dividends Paid
Retained Profit
-6,607
15,119
15,594
-10
-257
-912
471
-33,783
21,095
13,489
Employee Costs
174,010
141,312
116,028
56,000
105,778
80,889
77,644
74,094
53,116
158,822
Number Of Employees
6
5
4
2
4
3
3
3
2
6
EBITDA*
265
23,710
32,787
1,374
-257
-912
581
-33,783
26,329
17,682
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Tangible Assets
8,759
14,423
16,824
5,246
14,388
23,209
11,062
4,163
5,179
2,549
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,759
14,423
16,824
5,246
14,388
23,209
11,062
4,163
5,179
2,549
Stock & work in progress
515
575
575
500
500
Trade Debtors
47,878
16,146
21,090
28,854
81,546
78,818
102,120
18,094
86,039
45,527
Group Debtors
Misc Debtors
18,944
62,039
35,708
30,643
915
Cash
55,757
23,551
16,909
14,572
31,535
misc current assets
1,713
400
total current assets
123,094
102,311
74,282
74,569
82,461
80,531
102,520
18,094
86,039
77,562
total assets
131,853
116,734
91,106
79,815
96,849
103,740
113,582
22,257
91,218
80,111
Bank overdraft
6,500
5,600
4,800
2,813
Bank loan
Trade Creditors
19,270
6,353
6,203
19,062
45,964
99,454
104,384
9,800
56,634
66,522
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
60,163
43,307
30,132
14,947
total current liabilities
85,933
55,260
41,135
36,822
45,964
99,454
104,384
9,800
56,634
66,522
loans
19,431
26,962
30,987
42,800
hp & lease commitments
Accruals and Deferred Income
782
1,113
1,363
1,343
other liabilities
50,000
2,813
6,563
10,313
provisions
2,190
3,606
3,197
total long term liabilities
21,621
30,568
34,184
42,800
50,782
3,926
7,926
11,656
total liabilities
107,554
85,828
75,319
79,622
96,746
103,380
112,310
21,456
56,634
66,522
net assets
24,299
30,906
15,787
193
103
360
1,272
801
34,584
13,589
total shareholders funds
24,299
30,906
15,787
193
103
360
1,272
801
34,584
13,589
Mar 2024
Mar 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Operating Activities
Operating Profit
-5,399
21,309
22,255
1,374
-257
-912
581
-33,783
26,329
16,782
Depreciation
5,664
2,401
10,532
900
Amortisation
Tax
-3,546
-3,658
-110
-5,274
-3,372
Stock
-60
75
500
-500
500
Debtors
-11,363
21,387
-2,699
-22,964
3,643
-23,302
84,026
-67,945
40,512
45,527
Creditors
12,917
150
-12,859
-26,902
-53,490
-4,930
94,584
-46,834
-9,888
66,522
Accruals and Deferred Income
16,856
13,175
15,185
14,165
-331
-250
20
1,343
Deferred Taxes & Provisions
-1,416
409
3,197
Cash flow from operations
40,045
12,511
37,276
11,101
-57,721
17,210
11,049
-11,329
-28,845
34,805
Investing Activities
capital expenditure
-22,110
9,142
8,821
-12,147
-6,899
1,016
-2,630
-3,449
Change in Investments
cash flow from investments
-22,110
9,142
8,821
-12,147
-6,899
1,016
-2,630
-3,449
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-7,531
-4,025
-11,813
42,800
Hire Purchase and Lease Commitments
other long term liabilities
-50,000
47,187
-3,750
-3,750
10,313
share issue
100
-100
100
interest
-1,208
-2,643
-3,004
-1,384
39
79
cash flow from financing
-8,739
-6,668
-14,817
-8,484
47,187
-3,750
-3,750
10,313
-61
179
cash and cash equivalents
cash
32,206
6,642
2,337
14,572
-31,535
31,535
overdraft
900
800
1,987
2,813
change in cash
31,306
5,842
350
11,759
-31,535
31,535
northwest coverings 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 northwest coverings limited. Get real-time insights into northwest coverings limited's credit score, group structure and payment trends.
Perform a competitor analysis for northwest coverings limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CH62 area or any other competitors across 12 key performance metrics.
northwest coverings limited Ownership
NORTHWEST COVERINGS LIMITED group structure
Northwest Coverings Limited has no subsidiary companies.
Ultimate parent company
NORTHWEST COVERINGS LIMITED
09251103
NORTHWEST COVERINGS LIMITED Shareholders
The largest shareholders in Northwest Coverings Limited include Robert Shields and Jack Robert Shields.
robert shields
34%
jack robert shields
33%
jennie shields
33%
northwest coverings limited directors
Northwest Coverings Limited currently has 3 directors.
The longest serving directors include
Mr Robert Shields (Oct 2014) and
Mrs Jennie Shields (Jan 2017).
enterprise house, the courtyard, old courthouse ro, wirral, merseyside, CH62 4UE
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northwest coverings 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 northwest coverings limited.
northwest coverings 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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northwest coverings limitedCompanies House Filings - See Documents
