ndc plumbing & heating ltd
ndc plumbing & heating ltd Company Information
Company Number
09296667
Next Accounts
210 days late
Directors
Shareholders
nicholas cole
kay hills
Group Structure
View All
Industry
Repair of other equipment
Registered Address
c/o jt maxwell limited, unit 2.01 hollinwood business ce, failsworth, OL8 3QL
Website
www.ndcplumbingheating.comndc plumbing & heating ltd Estimated Valuation
Pomanda estimates the enterprise value of NDC PLUMBING & HEATING LTD at £859k based on a Turnover of £1.4m and 0.63x industry multiple (adjusted for size and gross margin).
ndc plumbing & heating ltd Estimated Valuation
Pomanda estimates the enterprise value of NDC PLUMBING & HEATING LTD at £261.8k based on an EBITDA of £50.2k and a 5.22x industry multiple (adjusted for size and gross margin).
ndc plumbing & heating ltd Estimated Valuation
Pomanda estimates the enterprise value of NDC PLUMBING & HEATING LTD at £585.5k based on Net Assets of £176.8k and 3.31x industry multiple (adjusted for liquidity).
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Ndc Plumbing & Heating Ltd Overview
Ndc Plumbing & Heating Ltd is a live company located in failsworth, OL8 3QL with a Companies House number of 09296667. It operates in the repair of other equipment sector, SIC Code 33190. Founded in November 2014, it's largest shareholder is nicholas cole with a 78% stake. Ndc Plumbing & Heating Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Ndc Plumbing & Heating Ltd Health Check
Pomanda's financial health check has awarded Ndc Plumbing & Heating Ltd a 3 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
4 Regular
4 Weak
Size
annual sales of £1.4m, make it in line with the average company (£1.7m)
- Ndc Plumbing & Heating Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (1.2%)
- Ndc Plumbing & Heating Ltd
1.2% - Industry AVG
Production
with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)
- Ndc Plumbing & Heating Ltd
37.4% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (8.6%)
- Ndc Plumbing & Heating Ltd
8.6% - Industry AVG
Employees
with 14 employees, this is above the industry average (11)
14 - Ndc Plumbing & Heating Ltd
11 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Ndc Plumbing & Heating Ltd
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £96.9k, this is less efficient (£123.2k)
- Ndc Plumbing & Heating Ltd
£123.2k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is near the average (60 days)
- Ndc Plumbing & Heating Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (40 days)
- Ndc Plumbing & Heating Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (38 days)
- Ndc Plumbing & Heating Ltd
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (23 weeks)
18 weeks - Ndc Plumbing & Heating Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.1%, this is a higher level of debt than the average (59.1%)
74.1% - Ndc Plumbing & Heating Ltd
59.1% - Industry AVG
NDC PLUMBING & HEATING LTD financials
Ndc Plumbing & Heating Ltd's latest turnover from November 2022 is estimated at £1.4 million and the company has net assets of £176.8 thousand. According to their latest financial statements, Ndc Plumbing & Heating Ltd has 14 employees and maintains cash reserves of £126.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Sep 2019 | 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 | 14 | 12 | 11 | 8 | 9 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 85,886 | 77,672 | 28,216 | 37,702 | 30,154 | 2,843 | 4,312 | 6,467 |
| Intangible Assets | ||||||||
| Investments & Other | 15,000 | |||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 100,886 | 77,672 | 28,216 | 37,702 | 30,154 | 2,843 | 4,312 | 6,467 |
| Stock & work in progress | 29,145 | 16,715 | ||||||
| Trade Debtors | 251,209 | 184,056 | 131,996 | 68,086 | 82,956 | 33,204 | 13,767 | 70,647 |
| Group Debtors | 106,029 | 27,029 | ||||||
| Misc Debtors | 174,000 | 132,662 | 11,698 | 17,892 | 16,426 | 13,071 | 11,937 | |
| Cash | 126,910 | 306,415 | 108,905 | 79,271 | 73,196 | 56,241 | 49,590 | 25,320 |
| misc current assets | ||||||||
| total current assets | 581,264 | 639,848 | 358,628 | 192,278 | 172,578 | 102,516 | 75,294 | 95,967 |
| total assets | 682,150 | 717,520 | 386,844 | 229,980 | 202,732 | 105,359 | 79,606 | 102,434 |
| Bank overdraft | ||||||||
| Bank loan | 20,000 | 10,000 | ||||||
| Trade Creditors | 237,704 | 223,373 | 119,400 | 96,021 | 40,144 | 35,362 | 14,648 | 38,615 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | 23,325 | 15,574 | 5,871 | 8,402 | 5,675 | |||
| other current liabilities | 76,749 | 148,600 | 94,404 | 43,730 | 39,106 | 22,113 | 11,264 | |
| total current liabilities | 357,778 | 397,547 | 219,675 | 148,153 | 84,925 | 57,475 | 25,912 | 38,615 |
| loans | 71,177 | 90,000 | 50,000 | |||||
| hp & lease commitments | 54,936 | 49,504 | 10,571 | 19,076 | 17,025 | |||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 21,472 | 19,418 | 5,361 | 7,163 | 5,729 | 569 | 862 | 1,293 |
| total long term liabilities | 147,585 | 158,922 | 65,932 | 26,239 | 22,754 | 569 | 862 | 1,293 |
| total liabilities | 505,363 | 556,469 | 285,607 | 174,392 | 107,679 | 58,044 | 26,774 | 39,908 |
| net assets | 176,787 | 161,051 | 101,237 | 55,588 | 95,053 | 47,315 | 52,832 | 62,526 |
| total shareholders funds | 176,787 | 161,051 | 101,237 | 55,588 | 95,053 | 47,315 | 52,832 | 62,526 |
| Nov 2022 | Nov 2021 | Nov 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 28,664 | 11,188 | 8,414 | 7,853 | 3,181 | 2,386 | 2,155 | 2,156 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 12,430 | 16,715 | ||||||
| Debtors | 108,491 | 66,995 | 136,716 | 13,625 | 53,107 | 20,571 | -44,943 | 70,647 |
| Creditors | 14,331 | 103,973 | 23,379 | 55,877 | 4,782 | 20,714 | -23,967 | 38,615 |
| Accruals and Deferred Income | -71,851 | 54,196 | 50,674 | 4,624 | 16,993 | 10,849 | 11,264 | |
| Deferred Taxes & Provisions | 2,054 | 14,057 | -1,802 | 1,434 | 5,160 | -293 | -431 | 1,293 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 15,000 | |||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 10,000 | 10,000 | ||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | -18,823 | 40,000 | 50,000 | |||||
| Hire Purchase and Lease Commitments | 13,183 | 48,636 | -11,036 | 4,778 | 22,700 | |||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -179,505 | 197,510 | 29,634 | 6,075 | 16,955 | 6,651 | 24,270 | 25,320 |
| overdraft | ||||||||
| change in cash | -179,505 | 197,510 | 29,634 | 6,075 | 16,955 | 6,651 | 24,270 | 25,320 |
ndc plumbing & heating ltd Credit Report and Business Information
Ndc Plumbing & Heating Ltd Competitor Analysis
Perform a competitor analysis for ndc plumbing & heating ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in OL8 area or any other competitors across 12 key performance metrics.
ndc plumbing & heating ltd Ownership
NDC PLUMBING & HEATING LTD group structure
Ndc Plumbing & Heating Ltd has no subsidiary companies.
Ultimate parent company
NDC PLUMBING & HEATING LTD
09296667
ndc plumbing & heating ltd directors
Ndc Plumbing & Heating Ltd currently has 1 director, Mr Nicholas Cole serving since Nov 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Cole | 38 years | Nov 2014 | - | Director |
P&L
November 2022turnover
1.4m
+20%
operating profit
21.5k
0%
gross margin
37.4%
+12.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
176.8k
+0.1%
total assets
682.2k
-0.05%
cash
126.9k
-0.59%
net assets
Total assets minus all liabilities
ndc plumbing & heating ltd company details
company number
09296667
Type
Private limited with Share Capital
industry
33190 - Repair of other equipment
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
c/o jt maxwell limited, unit 2.01 hollinwood business ce, failsworth, OL8 3QL
Bank
-
Legal Advisor
-
ndc plumbing & heating 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 did not find charges/mortgages relating to ndc plumbing & heating ltd.
ndc plumbing & heating 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.
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ndc plumbing & heating ltd Companies House Filings - See Documents
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