national debt advice limited
national debt advice limited Company Information
Company Number
09470932
Next Accounts
Dec 2024
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
stevie carden
danielle carden
Group Structure
View All
Contact
Registered Address
14 exchange quay, salford quays, manchester, M5 3EQ
Website
-national debt advice limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL DEBT ADVICE LIMITED at £3.2m based on a Turnover of £2.2m and 1.44x industry multiple (adjusted for size and gross margin).
national debt advice limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL DEBT ADVICE LIMITED at £0 based on an EBITDA of £-13.5k and a 5.32x industry multiple (adjusted for size and gross margin).
national debt advice limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL DEBT ADVICE LIMITED at £5.1k based on Net Assets of £3.8k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
National Debt Advice Limited Overview
National Debt Advice Limited is a live company located in manchester, M5 3EQ with a Companies House number of 09470932. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2015, it's largest shareholder is stevie carden with a 50% stake. National Debt Advice Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.
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National Debt Advice Limited Health Check
Pomanda's financial health check has awarded National Debt Advice Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£3.9m)
- National Debt Advice Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.9%)
- National Debt Advice Limited
3.9% - Industry AVG
Production
with a gross margin of 63.5%, this company has a comparable cost of product (63.5%)
- National Debt Advice Limited
63.5% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (11.1%)
- National Debt Advice Limited
11.1% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (13)
14 - National Debt Advice Limited
13 - Industry AVG
Pay Structure
on an average salary of £72.5k, the company has an equivalent pay structure (£72.5k)
- National Debt Advice Limited
£72.5k - Industry AVG
Efficiency
resulting in sales per employee of £159k, this is less efficient (£203.2k)
- National Debt Advice Limited
£203.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- National Debt Advice Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (38 days)
- National Debt Advice Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- National Debt Advice Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is less cash available to meet short term requirements (39 weeks)
24 weeks - National Debt Advice Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (57.3%)
97.3% - National Debt Advice Limited
57.3% - Industry AVG
NATIONAL DEBT ADVICE LIMITED financials
National Debt Advice Limited's latest turnover from March 2023 is estimated at £2.2 million and the company has net assets of £3.8 thousand. According to their latest financial statements, National Debt Advice Limited has 14 employees and maintains cash reserves of £58.9 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 | ||||||||
| 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 | 14 | 9 | 15 | 20 | 10 | ||
| EBITDA* |
* 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 | 42,420 | 35,826 | 35,267 | 19,941 | 6,498 | 570 | 760 | 440 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 42,420 | 35,826 | 35,267 | 19,941 | 6,498 | 570 | 760 | 440 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 68,551 | 82,078 | 50,883 | 30,920 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 38,369 | 20,000 | 20,000 | 0 | 0 | 0 | 0 | 0 |
| Cash | 58,912 | 116,449 | 65,551 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 300 | 0 | 0 | 0 |
| total current assets | 97,281 | 136,449 | 85,551 | 68,551 | 82,378 | 50,883 | 30,920 | 0 |
| total assets | 139,701 | 172,275 | 120,818 | 88,492 | 88,876 | 51,453 | 31,680 | 440 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 6,000 | 6,000 | 30,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,886 | 306 | 3,017 | 39,389 | 59,311 | 34,313 | 18,326 | 608 |
| Group/Directors Accounts | 0 | 68 | 53,421 | 0 | 0 | 0 | 0 | 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 | 115,222 | 120,315 | 33,974 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 124,108 | 126,689 | 120,412 | 39,389 | 59,311 | 34,313 | 18,326 | 608 |
| loans | 11,749 | 17,749 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 27,978 | 26,700 | 11,374 | 1,560 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,749 | 17,749 | 0 | 27,978 | 26,700 | 11,374 | 1,560 | 0 |
| total liabilities | 135,857 | 144,438 | 120,412 | 67,367 | 86,011 | 45,687 | 19,886 | 608 |
| net assets | 3,844 | 27,837 | 406 | 21,125 | 2,865 | 5,766 | 11,794 | -168 |
| total shareholders funds | 3,844 | 27,837 | 406 | 21,125 | 2,865 | 5,766 | 11,794 | -168 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 12,065 | 7,816 | 0 | 110 | ||||
| Amortisation | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 18,369 | 0 | -48,551 | -13,527 | 31,195 | 19,963 | 30,920 | 0 |
| Creditors | 2,580 | -2,711 | -36,372 | -19,922 | 24,998 | 15,987 | 17,718 | 608 |
| Accruals and Deferred Income | -5,093 | 86,341 | 5,996 | 1,278 | 15,326 | 9,814 | 1,560 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | -24,000 | 30,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -68 | -53,353 | 53,421 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,000 | 17,749 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -57,537 | 50,898 | 65,551 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -57,537 | 50,898 | 65,551 | 0 | 0 | 0 | 0 | 0 |
national debt advice limited Credit Report and Business Information
National Debt Advice Limited Competitor Analysis
Perform a competitor analysis for national debt advice limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in M 5 area or any other competitors across 12 key performance metrics.
national debt advice limited Ownership
NATIONAL DEBT ADVICE LIMITED group structure
National Debt Advice Limited has no subsidiary companies.
Ultimate parent company
NATIONAL DEBT ADVICE LIMITED
09470932
national debt advice limited directors
National Debt Advice Limited currently has 2 directors. The longest serving directors include Mrs Danielle Carden (Mar 2015) and Mrs Stevie Carden (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Danielle Carden | England | 37 years | Mar 2015 | - | Director |
| Mrs Stevie Carden | England | 38 years | Jun 2016 | - | Director |
P&L
March 2023turnover
2.2m
-1%
operating profit
-25.6k
0%
gross margin
63.5%
-2.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.8k
-0.86%
total assets
139.7k
-0.19%
cash
58.9k
-0.49%
net assets
Total assets minus all liabilities
national debt advice limited company details
company number
09470932
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
prestige uk solutions ta national debt advice limited (December 2022)
prestige uk solutions limited (February 2021)
accountant
MONTAGUE KAYE
auditor
-
address
14 exchange quay, salford quays, manchester, M5 3EQ
Bank
-
Legal Advisor
-
national debt advice 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 national debt advice limited.
national debt advice 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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national debt advice limited Companies House Filings - See Documents
| date | description | view/download |
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