normanton partnership limited

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normanton partnership limited Company Information

Share NORMANTON PARTNERSHIP LIMITED

Company Number

09474266

Directors

Li Zhang

Weiqun Liu

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Shareholders

weiqun liu

ningyun chen

Group Structure

View All

Industry

Activities of head offices

 +1

Registered Address

second floor, west wing, harborne road, birmingham, B15 3AA

Website

-

normanton partnership limited Estimated Valuation

£134.4k

Pomanda estimates the enterprise value of NORMANTON PARTNERSHIP LIMITED at £134.4k based on a Turnover of £318k and 0.42x industry multiple (adjusted for size and gross margin).

normanton partnership limited Estimated Valuation

£464k

Pomanda estimates the enterprise value of NORMANTON PARTNERSHIP LIMITED at £464k based on an EBITDA of £117.9k and a 3.94x industry multiple (adjusted for size and gross margin).

normanton partnership limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORMANTON PARTNERSHIP LIMITED at £0 based on Net Assets of £-33.4k and 2.46x industry multiple (adjusted for liquidity).

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Normanton Partnership Limited Overview

Normanton Partnership Limited is a live company located in birmingham, B15 3AA with a Companies House number of 09474266. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in March 2015, it's largest shareholder is weiqun liu with a 50% stake. Normanton Partnership Limited is a established, micro sized company, Pomanda has estimated its turnover at £318k with declining growth in recent years.

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Normanton Partnership Limited Health Check

Pomanda's financial health check has awarded Normanton Partnership Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £318k, make it smaller than the average company (£18.2m)

£318k - Normanton Partnership Limited

£18.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (6.9%)

-23% - Normanton Partnership Limited

6.9% - Industry AVG

production

Production

with a gross margin of 30.6%, this company has a comparable cost of product (30.6%)

30.6% - Normanton Partnership Limited

30.6% - Industry AVG

profitability

Profitability

an operating margin of 33.3% make it more profitable than the average company (5.5%)

33.3% - Normanton Partnership Limited

5.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (75)

2 - Normanton Partnership Limited

75 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)

£47.1k - Normanton Partnership Limited

£47.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £159k, this is less efficient (£291k)

£159k - Normanton Partnership Limited

£291k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is earlier than average (48 days)

34 days - Normanton Partnership Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (37 days)

48 days - Normanton Partnership Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Normanton Partnership Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Normanton Partnership Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100.6%, this is a higher level of debt than the average (51.4%)

100.6% - Normanton Partnership Limited

51.4% - Industry AVG

NORMANTON PARTNERSHIP LIMITED financials

EXPORTms excel logo

Normanton Partnership Limited's latest turnover from December 2023 is estimated at £318 thousand and the company has net assets of -£33.4 thousand. According to their latest financial statements, Normanton Partnership Limited has 2 employees and maintains cash reserves of £2.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Mar 2016
Turnover317,960385,087434,304701,692240,552253,251384,551
Other Income Or Grants
Cost Of Sales220,627267,290303,410492,548168,310178,167269,747
Gross Profit97,332117,798130,894209,14372,24275,084114,804
Admin Expenses-8,6233,69073,91821,5543,316-25,088-115,519786-76,264
Operating Profit105,955114,10856,976187,58968,926100,172230,323-78676,264
Interest Payable153,818146,994107,363110,77765,57274,993141,38970,30776,264
Interest Receivable5,7395,25422060109231
Pre-Tax Profit-42,124-27,632-50,16776,8733,46325,18088,937-71,092
Tax-14,606-658-4,784-16,898
Profit After Tax-42,124-27,632-50,16762,2672,80520,39672,039-71,092
Dividends Paid
Retained Profit-42,124-27,632-50,16762,2672,80520,39672,039-71,092
Employee Costs94,27289,13242,14640,21940,27178,71176,667
Number Of Employees2211122
EBITDA*117,882126,03568,903192,26671,603102,849230,323-78676,264

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Mar 2016
Tangible Assets5,273,4585,285,3855,297,3125,309,2395,241,4165,224,0935,200,0005,200,0005,200,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,273,4585,285,3855,297,3125,309,2395,241,4165,224,0935,200,0005,200,0005,200,000
Stock & work in progress109,393
Trade Debtors30,00060,000112,500212,69550,00050,00073,046
Group Debtors
Misc Debtors125,000
Cash2,245216,36883,87891,92628,914161263888
misc current assets100
total current assets32,245276,368196,378414,014203,91450,16173,309988
total assets5,305,7035,561,7535,493,6905,723,2535,445,3305,274,2545,273,3095,200,9885,200,000
Bank overdraft206,183206,183195,268185,496196,412121,400195,984198,000198,000
Bank loan
Trade Creditors 29,15521,3686,90212,15410,22019,22036,916
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities491,267508,422128,358117,00610,0003,134,7343,022,1572,853,312
total current liabilities726,605735,973330,528314,656216,6323,394,9993,367,6343,220,1573,051,312
loans1,058,8051,263,3631,429,7931,625,0611,625,0611,904,6282,051,8232,148,588
hp & lease commitments
Accruals and Deferred Income
other liabilities3,553,7013,553,7013,697,0213,697,0213,579,389
provisions
total long term liabilities4,612,5064,817,0645,126,8145,322,0825,204,4501,857,8121,904,6282,051,8232,148,588
total liabilities5,339,1115,553,0375,457,3425,636,7385,421,0825,252,8115,272,2625,271,9805,199,900
net assets-33,4088,71636,34886,51524,24821,4431,047-70,992100
total shareholders funds-33,4088,71636,34886,51524,24821,4431,047-70,992100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Mar 2016
Operating Activities
Operating Profit105,955114,10856,976187,58968,926100,172230,323-78676,264
Depreciation11,92711,92711,9274,6772,6772,677
Amortisation
Tax-14,606-658-4,784-16,898
Stock-109,393109,393
Debtors-30,000-52,500-100,19537,695125,000-23,04673,046
Creditors7,78714,466-5,2521,934-9,000-17,69636,916
Accruals and Deferred Income-17,155380,06411,352107,00610,000-3,134,734112,5773,022,1572,853,312
Deferred Taxes & Provisions
Cash flow from operations138,514573,065284,591139,512-53,055-3,031,319289,8723,021,3712,929,576
Investing Activities
capital expenditure-72,500-20,000-26,770-5,200,000-5,200,000
Change in Investments
cash flow from investments-72,500-20,000-26,770-5,200,000-5,200,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-204,558-166,430-195,2681,625,061-1,904,628-147,1952,051,8232,148,588
Hire Purchase and Lease Commitments
other long term liabilities-143,320117,6323,579,389
share issue100100
interest-148,079-141,740-107,143-110,717-65,463-74,991-141,386-70,306-76,264
cash flow from financing-352,637-451,490-302,4116,9155,138,987-1,979,619-288,5811,981,6172,072,424
cash and cash equivalents
cash-214,123132,490-8,04863,01228,753-102-625888
overdraft10,9159,772-10,91675,012-74,584-2,016198,000198,000
change in cash-214,123121,575-17,82073,928-46,25974,4821,391-197,112-198,000

normanton partnership limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Normanton Partnership Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for normanton partnership limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B15 area or any other competitors across 12 key performance metrics.

normanton partnership limited Ownership

NORMANTON PARTNERSHIP LIMITED group structure

Normanton Partnership Limited has no subsidiary companies.

Ultimate parent company

NORMANTON PARTNERSHIP LIMITED

09474266

NORMANTON PARTNERSHIP LIMITED Shareholders

weiqun liu 50%
ningyun chen 50%

normanton partnership limited directors

Normanton Partnership Limited currently has 3 directors. The longest serving directors include Mr Li Zhang (Jan 2021) and Mr Weiqun Liu (Jan 2021).

officercountryagestartendrole
Mr Li ZhangEngland42 years Jan 2021- Director
Mr Weiqun LiuEngland64 years Jan 2021- Director
Mrs Ningyun ChenEngland64 years Jan 2021- Director

P&L

December 2023

turnover

318k

-17%

operating profit

106k

0%

gross margin

30.7%

+0.07%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-33.4k

-4.83%

total assets

5.3m

-0.05%

cash

2.2k

-0.99%

net assets

Total assets minus all liabilities

normanton partnership limited company details

company number

09474266

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

46900 - Non-specialised wholesale trade

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

second floor, west wing, harborne road, birmingham, B15 3AA

Bank

-

Legal Advisor

-

normanton partnership 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 normanton partnership limited.

normanton partnership 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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normanton partnership limited Companies House Filings - See Documents

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