noble emission systems ltd
noble emission systems ltd Company Information
Company Number
09270119
Next Accounts
Sep 2025
Shareholders
final flourish ltd
Group Structure
View All
Industry
Manufacture of other transport equipment n.e.c.
Registered Address
saxon works south street, openshaw, manchester, M11 2FY
Website
www.bensonexhausts.comnoble emission systems ltd Estimated Valuation
Pomanda estimates the enterprise value of NOBLE EMISSION SYSTEMS LTD at £1.4m based on a Turnover of £3.4m and 0.42x industry multiple (adjusted for size and gross margin).
noble emission systems ltd Estimated Valuation
Pomanda estimates the enterprise value of NOBLE EMISSION SYSTEMS LTD at £0 based on an EBITDA of £-319.3k and a 3.83x industry multiple (adjusted for size and gross margin).
noble emission systems ltd Estimated Valuation
Pomanda estimates the enterprise value of NOBLE EMISSION SYSTEMS LTD at £0 based on Net Assets of £-339.1k and 2.55x industry multiple (adjusted for liquidity).
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Noble Emission Systems Ltd Overview
Noble Emission Systems Ltd is a live company located in manchester, M11 2FY with a Companies House number of 09270119. It operates in the manufacture of other transport equipment n.e.c. sector, SIC Code 30990. Founded in October 2014, it's largest shareholder is final flourish ltd with a 100% stake. Noble Emission Systems Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.4m with healthy growth in recent years.
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Noble Emission Systems Ltd Health Check
Pomanda's financial health check has awarded Noble Emission Systems Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£16.9m)
- Noble Emission Systems Ltd
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.6%)
- Noble Emission Systems Ltd
8.6% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Noble Emission Systems Ltd
24.9% - Industry AVG
Profitability
an operating margin of -13.9% make it less profitable than the average company (5.5%)
- Noble Emission Systems Ltd
5.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (77)
3 - Noble Emission Systems Ltd
77 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Noble Emission Systems Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£202.7k)
- Noble Emission Systems Ltd
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (64 days)
- Noble Emission Systems Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (42 days)
- Noble Emission Systems Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Noble Emission Systems Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (10 weeks)
28 weeks - Noble Emission Systems Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.7%, this is a higher level of debt than the average (54.4%)
112.7% - Noble Emission Systems Ltd
54.4% - Industry AVG
NOBLE EMISSION SYSTEMS LTD financials
Noble Emission Systems Ltd's latest turnover from December 2023 is estimated at £3.4 million and the company has net assets of -£339.1 thousand. According to their latest financial statements, Noble Emission Systems Ltd has 3 employees and maintains cash reserves of £462.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 3 | 3 | 3 | 3 | 3 | 3 | 60 | 50 | 40 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 749,812 | 805,137 | 399,501 | 247,254 | 279,669 | 0 | 0 | 0 | 0 |
| 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) | 60,092 | 130,092 | 0 | 0 | 139,240 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 809,904 | 935,229 | 399,501 | 247,254 | 418,909 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,399,784 | 1,625,872 | 1,270,694 | 863,335 | 794,204 | 750,588 | 520,562 | 452,218 | 417,845 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 13,709 | 83,196 | 13,709 | 0 | 0 | 0 | 1 |
| Cash | 462,440 | 323,096 | 114,645 | 123,085 | 40,652 | 9,683 | 117,935 | 62,136 | 48,264 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,862,224 | 1,948,968 | 1,399,048 | 1,069,616 | 848,565 | 760,271 | 638,497 | 514,354 | 466,110 |
| total assets | 2,672,128 | 2,884,197 | 1,798,549 | 1,316,870 | 1,267,474 | 760,271 | 638,497 | 514,354 | 466,110 |
| Bank overdraft | 10,000 | 129,508 | 51,199 | 5,833 | 306,142 | 671 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 661 | 112,791 | 295,243 | 5,064 | 6,978 | 54 | 7,870 | 194,887 | 0 |
| Group/Directors Accounts | 750 | 750 | 750 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 110,615 | 109,741 | 42,546 | 28,500 | 28,500 | 0 | 0 | 0 | 0 |
| other current liabilities | 727,725 | 668,770 | 564,652 | 548,414 | 316,531 | 301,035 | 229,361 | 168,533 | 17,649 |
| total current liabilities | 849,751 | 1,021,560 | 954,390 | 587,811 | 658,151 | 301,760 | 237,231 | 363,420 | 17,649 |
| loans | 1,484,239 | 878,205 | 52,946 | 58,946 | 102,125 | 136,815 | 156,407 | 0 | 430,979 |
| hp & lease commitments | 236,587 | 295,330 | 145,651 | 80,750 | 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 | 440,656 | 434,380 | 246,473 | 135,107 | 155,641 | 95,468 | 77,076 | 66,470 | 0 |
| total long term liabilities | 2,161,482 | 1,607,915 | 445,070 | 274,803 | 257,766 | 232,283 | 233,483 | 66,470 | 430,979 |
| total liabilities | 3,011,233 | 2,629,475 | 1,399,460 | 862,614 | 915,917 | 534,043 | 470,714 | 429,890 | 448,628 |
| net assets | -339,105 | 254,722 | 399,089 | 454,256 | 351,557 | 226,228 | 167,783 | 84,464 | 17,482 |
| total shareholders funds | -339,105 | 254,722 | 399,089 | 454,256 | 351,557 | 226,228 | 167,783 | 84,464 | 17,482 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 154,409 | 84,853 | 52,549 | 29,728 | 12,946 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -296,088 | 471,561 | 337,872 | -622 | 196,565 | 230,026 | 68,344 | 34,372 | 417,846 |
| Creditors | -112,130 | -182,452 | 290,179 | -1,914 | 6,924 | -7,816 | -187,017 | 194,887 | 0 |
| Accruals and Deferred Income | 58,955 | 104,118 | 16,238 | 231,883 | 15,496 | 71,674 | 60,828 | 150,884 | 17,649 |
| Deferred Taxes & Provisions | 6,276 | 187,907 | 111,366 | -20,534 | 60,173 | 18,392 | 10,606 | 66,470 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 750 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 606,034 | 825,259 | -6,000 | -43,179 | -34,690 | -19,592 | 156,407 | -430,979 | 430,979 |
| Hire Purchase and Lease Commitments | -57,869 | 216,874 | 78,947 | 80,750 | 28,500 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 139,344 | 208,451 | -8,440 | 82,433 | 30,969 | -108,252 | 55,799 | 13,872 | 48,264 |
| overdraft | -119,508 | 78,309 | 45,366 | -300,309 | 305,471 | 671 | 0 | 0 | 0 |
| change in cash | 258,852 | 130,142 | -53,806 | 382,742 | -274,502 | -108,923 | 55,799 | 13,872 | 48,264 |
noble emission systems ltd Credit Report and Business Information
Noble Emission Systems Ltd Competitor Analysis
Perform a competitor analysis for noble emission systems ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in M11 area or any other competitors across 12 key performance metrics.
noble emission systems ltd Ownership
NOBLE EMISSION SYSTEMS LTD group structure
Noble Emission Systems Ltd has no subsidiary companies.
noble emission systems ltd directors
Noble Emission Systems Ltd currently has 3 directors. The longest serving directors include Mr Benjamin Hewitson (Oct 2014) and Mr Daniel Hewitson (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Hewitson | 47 years | Oct 2014 | - | Director | |
| Mr Daniel Hewitson | 51 years | Jun 2015 | - | Director | |
| Mr Richard Hewiston | England | 53 years | Jun 2015 | - | Director |
P&L
December 2023turnover
3.4m
-16%
operating profit
-473.7k
0%
gross margin
24.9%
-0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-339.1k
-2.33%
total assets
2.7m
-0.07%
cash
462.4k
+0.43%
net assets
Total assets minus all liabilities
noble emission systems ltd company details
company number
09270119
Type
Private limited with Share Capital
industry
30990 - Manufacture of other transport equipment n.e.c.
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
benson exhausts ltd (February 2024)
benson components ltd (February 2024)
accountant
STERLING PARTNERS LIMITED
auditor
-
address
saxon works south street, openshaw, manchester, M11 2FY
Bank
-
Legal Advisor
-
noble emission systems ltd 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 found 3 charges/mortgages relating to noble emission systems ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
noble emission systems ltd 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.
Click to start generating capital raising & share issue transactions for NOBLE EMISSION SYSTEMS LTD. This can take several minutes, an email will notify you when this has completed.
noble emission systems ltd Companies House Filings - See Documents
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