newriver retail (wakefield) limited
newriver retail (wakefield) limited Company Information
Company Number
09316536
Website
http://nrr.co.ukRegistered Address
89 whitfield street, london, W1T 4DE
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Buying and selling of own real estate
Telephone
02033285819
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
newriver retail ltd 100%
newriver retail (wakefield) limited Estimated Valuation
Pomanda estimates the enterprise value of NEWRIVER RETAIL (WAKEFIELD) LIMITED at £4.1m based on a Turnover of £2.4m and 1.68x industry multiple (adjusted for size and gross margin).
newriver retail (wakefield) limited Estimated Valuation
Pomanda estimates the enterprise value of NEWRIVER RETAIL (WAKEFIELD) LIMITED at £0 based on an EBITDA of £-2m and a 3.84x industry multiple (adjusted for size and gross margin).
newriver retail (wakefield) limited Estimated Valuation
Pomanda estimates the enterprise value of NEWRIVER RETAIL (WAKEFIELD) LIMITED at £0 based on Net Assets of £-3.9m and 1.5x industry multiple (adjusted for liquidity).
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Newriver Retail (wakefield) Limited Overview
Newriver Retail (wakefield) Limited is a live company located in london, W1T 4DE with a Companies House number of 09316536. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2014, it's largest shareholder is newriver retail ltd with a 100% stake. Newriver Retail (wakefield) Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Newriver Retail (wakefield) Limited Health Check
Pomanda's financial health check has awarded Newriver Retail (Wakefield) Limited a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £2.4m, make it larger than the average company (£863.5k)
£2.4m - Newriver Retail (wakefield) Limited
£863.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (2%)
-12% - Newriver Retail (wakefield) Limited
2% - Industry AVG
Production
with a gross margin of 11.3%, this company has a higher cost of product (70.4%)
11.3% - Newriver Retail (wakefield) Limited
70.4% - Industry AVG
Profitability
an operating margin of -83.1% make it less profitable than the average company (36.6%)
-83.1% - Newriver Retail (wakefield) Limited
36.6% - Industry AVG
Employees
with 14 employees, this is above the industry average (4)
- Newriver Retail (wakefield) Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Newriver Retail (wakefield) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £174.1k, this is equally as efficient (£186.4k)
- Newriver Retail (wakefield) Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (28 days)
53 days - Newriver Retail (wakefield) Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (34 days)
23 days - Newriver Retail (wakefield) Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newriver Retail (wakefield) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Newriver Retail (wakefield) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 212.9%, this is a higher level of debt than the average (62.7%)
212.9% - Newriver Retail (wakefield) Limited
62.7% - Industry AVG
NEWRIVER RETAIL (WAKEFIELD) LIMITED financials
Newriver Retail (Wakefield) Limited's latest turnover from March 2023 is £2.4 million and the company has net assets of -£3.9 million. According to their latest financial statements, we estimate that Newriver Retail (Wakefield) Limited has 14 employees and maintains cash reserves of £463 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,437,000 | 2,893,000 | 1,928,000 | 3,601,000 | 3,063,000 | 3,218,000 | 3,419,000 | 392,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 2,162,000 | 2,053,000 | 1,920,000 | 2,371,000 | ||||
| Gross Profit | 275,000 | 840,000 | 8,000 | 1,230,000 | ||||
| Admin Expenses | 2,301,000 | 4,786,000 | 3,535,000 | 7,998,000 | ||||
| Operating Profit | -2,026,000 | -3,946,000 | -3,527,000 | -6,768,000 | -626,000 | 3,006,000 | 2,323,000 | 840,000 |
| Interest Payable | 205,000 | 128,000 | 240,000 | 275,000 | 117,000 | 171,000 | 191,000 | 0 |
| Interest Receivable | 14,000 | 0 | 0 | 44,000 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -2,217,000 | -4,074,000 | -3,767,000 | -6,999,000 | -743,000 | 2,835,000 | 2,135,000 | 840,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -2,217,000 | -4,074,000 | -3,767,000 | -6,999,000 | -743,000 | 2,835,000 | 2,135,000 | 840,000 |
| Dividends Paid | 0 | 0 | 0 | 1,200,000 | 3,000,000 | 0 | 0 | 0 |
| Retained Profit | -2,217,000 | -4,074,000 | -3,767,000 | -8,199,000 | -3,743,000 | 2,835,000 | 2,135,000 | 840,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||
| EBITDA* | -2,026,000 | -3,946,000 | -3,527,000 | -6,768,000 | -626,000 | 3,006,000 | 2,323,000 | 840,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 7,500,000 | 12,000,000 | 15,400,000 | 21,750,000 | 23,400,000 | 20,932,000 | 19,300,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 7,500,000 | 12,000,000 | 15,400,000 | 21,750,000 | 23,400,000 | 20,932,000 | 19,300,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 356,000 | 638,000 | 175,000 | 768,000 | 62,000 | 130,000 | 41,000 | 318,000 |
| Group Debtors | 189,000 | 0 | 0 | 0 | 6,000 | 368,000 | 0 | 0 |
| Misc Debtors | 2,487,000 | 58,000 | 660,000 | 475,000 | 95,000 | 301,000 | 156,000 | 177,000 |
| Cash | 463,000 | 1,297,000 | 748,000 | 368,000 | 536,000 | 737,000 | 1,007,000 | 594,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,495,000 | 1,993,000 | 1,583,000 | 1,611,000 | 699,000 | 1,536,000 | 1,204,000 | 1,089,000 |
| total assets | 3,495,000 | 9,493,000 | 13,583,000 | 17,011,000 | 22,449,000 | 24,936,000 | 22,136,000 | 20,389,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 142,000 | 137,000 | 0 | 0 | 40,000 | 150,000 | 51,000 | 420,000 |
| Group/Directors Accounts | 3,769,000 | 3,832,000 | 3,965,000 | 4,074,000 | 7,707,000 | 6,107,000 | 464,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,034,000 | 1,509,000 | 1,642,000 | 1,471,000 | 685,000 | 919,000 | 931,000 | 497,000 |
| total current liabilities | 4,945,000 | 5,478,000 | 5,607,000 | 5,545,000 | 8,432,000 | 7,176,000 | 1,446,000 | 917,000 |
| loans | 2,497,000 | 5,745,000 | 5,632,000 | 5,355,000 | 0 | 0 | 17,715,000 | 18,632,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,497,000 | 5,745,000 | 5,632,000 | 5,355,000 | 0 | 0 | 17,715,000 | 18,632,000 |
| total liabilities | 7,442,000 | 11,223,000 | 11,239,000 | 10,900,000 | 8,432,000 | 7,176,000 | 19,161,000 | 19,549,000 |
| net assets | -3,947,000 | -1,730,000 | 2,344,000 | 6,111,000 | 14,017,000 | 17,760,000 | 2,975,000 | 840,000 |
| total shareholders funds | -3,947,000 | -1,730,000 | 2,344,000 | 6,111,000 | 14,017,000 | 17,760,000 | 2,975,000 | 840,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -2,026,000 | -3,946,000 | -3,527,000 | -6,768,000 | -626,000 | 3,006,000 | 2,323,000 | 840,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,336,000 | -139,000 | -408,000 | 1,080,000 | -636,000 | 602,000 | -298,000 | 495,000 |
| Creditors | 5,000 | 137,000 | 0 | -40,000 | -110,000 | 99,000 | -369,000 | 420,000 |
| Accruals and Deferred Income | -475,000 | -133,000 | 171,000 | 786,000 | -234,000 | -12,000 | 434,000 | 497,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,832,000 | -3,803,000 | -2,948,000 | -7,102,000 | -334,000 | 2,491,000 | 2,686,000 | 1,262,000 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -7,500,000 | -4,500,000 | -3,400,000 | -6,350,000 | -1,650,000 | 2,468,000 | 1,632,000 | 19,300,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -63,000 | -133,000 | -109,000 | -3,633,000 | 1,600,000 | 5,643,000 | 464,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,248,000 | 113,000 | 277,000 | 5,355,000 | 0 | -17,715,000 | -917,000 | 18,632,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -191,000 | -128,000 | -240,000 | -231,000 | -117,000 | -171,000 | -191,000 | 0 |
| cash flow from financing | -3,502,000 | -148,000 | -72,000 | 1,784,000 | 1,483,000 | -293,000 | -644,000 | 18,632,000 |
| cash and cash equivalents | ||||||||
| cash | -834,000 | 549,000 | 380,000 | -168,000 | -201,000 | -270,000 | 413,000 | 594,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -834,000 | 549,000 | 380,000 | -168,000 | -201,000 | -270,000 | 413,000 | 594,000 |
newriver retail (wakefield) limited Credit Report and Business Information
Newriver Retail (wakefield) Limited Competitor Analysis
Perform a competitor analysis for newriver retail (wakefield) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
newriver retail (wakefield) limited Ownership
NEWRIVER RETAIL (WAKEFIELD) LIMITED group structure
Newriver Retail (Wakefield) Limited has no subsidiary companies.
Ultimate parent company
2 parents
NEWRIVER RETAIL (WAKEFIELD) LIMITED
09316536
newriver retail (wakefield) limited directors
Newriver Retail (Wakefield) Limited currently has 4 directors. The longest serving directors include Mr Allan Lockhart (Nov 2014) and Mr William Hobman (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Allan Lockhart | United Kingdom | 59 years | Nov 2014 | - | Director |
| Mr William Hobman | England | 41 years | Nov 2019 | - | Director |
| Mr Charles Spooner | England | 47 years | Feb 2023 | - | Director |
| Ms Emma MacKenzie | United Kingdom | 55 years | Feb 2023 | - | Director |
P&L
March 2023turnover
2.4m
-16%
operating profit
-2m
-49%
gross margin
11.3%
-61.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.9m
+1.28%
total assets
3.5m
-0.63%
cash
463k
-0.64%
net assets
Total assets minus all liabilities
Similar Companies
newriver retail (wakefield) limited company details
company number
09316536
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
November 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
newriver retail (portfolio no. 7) limited (November 2015)
incorporated
UK
address
89 whitfield street, london, W1T 4DE
last accounts submitted
March 2023
newriver retail (wakefield) 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 newriver retail (wakefield) limited.
newriver retail (wakefield) limited Companies House Filings - See Documents
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