norselux lighting ltd
norselux lighting ltd Company Information
Company Number
09492946
Next Accounts
98 days late
Directors
Shareholders
ryan hillary
mark shortland
View AllGroup Structure
View All
Industry
Manufacture of electric lighting equipment
Registered Address
unit 5 kingswharf, 301 kingsland road, london, E8 4DS
Website
norlux.comnorselux lighting ltd Estimated Valuation
Pomanda estimates the enterprise value of NORSELUX LIGHTING LTD at £197.4k based on a Turnover of £389.6k and 0.51x industry multiple (adjusted for size and gross margin).
norselux lighting ltd Estimated Valuation
Pomanda estimates the enterprise value of NORSELUX LIGHTING LTD at £29.1k based on an EBITDA of £8.1k and a 3.57x industry multiple (adjusted for size and gross margin).
norselux lighting ltd Estimated Valuation
Pomanda estimates the enterprise value of NORSELUX LIGHTING LTD at £101.8k based on Net Assets of £56.5k and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Norselux Lighting Ltd Overview
Norselux Lighting Ltd is a live company located in london, E8 4DS with a Companies House number of 09492946. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in March 2015, it's largest shareholder is ryan hillary with a 45% stake. Norselux Lighting Ltd is a established, micro sized company, Pomanda has estimated its turnover at £389.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Norselux Lighting Ltd Health Check
Pomanda's financial health check has awarded Norselux Lighting Ltd 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 £389.6k, make it smaller than the average company (£11m)
- Norselux Lighting Ltd
£11m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (1.1%)
- Norselux Lighting Ltd
1.1% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- Norselux Lighting Ltd
35.1% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (8.2%)
- Norselux Lighting Ltd
8.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (58)
- Norselux Lighting Ltd
58 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Norselux Lighting Ltd
£44k - Industry AVG
Efficiency
resulting in sales per employee of £129.9k, this is less efficient (£180.4k)
- Norselux Lighting Ltd
£180.4k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (59 days)
- Norselux Lighting Ltd
59 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Norselux Lighting Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (107 days)
- Norselux Lighting Ltd
107 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Norselux Lighting Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.7%, this is a similar level of debt than the average (48.4%)
49.7% - Norselux Lighting Ltd
48.4% - Industry AVG
NORSELUX LIGHTING LTD financials
Norselux Lighting Ltd's latest turnover from March 2023 is estimated at £389.6 thousand and the company has net assets of £56.5 thousand. According to their latest financial statements, we estimate that Norselux Lighting Ltd has 3 employees and maintains cash reserves of 0 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| 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 | 3,174 | 4,296 | 4,487 | 3,478 | 775 | 1,562 | 1,139 | 893 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 3,174 | 4,296 | 4,487 | 3,478 | 775 | 1,562 | 1,139 | 893 |
| Stock & work in progress | 618 | 3,216 | 4,887 | 11,185 | 20,283 | 16,294 | 11,130 | 18,615 |
| Trade Debtors | 92,897 | 74,996 | 114,236 | 251,704 | 388,913 | 116,689 | 82,405 | 100,959 |
| Group Debtors | ||||||||
| Misc Debtors | 2,349 | 7,571 | 4,629 | 2,799 | 1,371 | |||
| Cash | 57,934 | 2,274 | 2,316 | 29,260 | 13,710 | |||
| misc current assets | 13,289 | 12,409 | 8,194 | 8,194 | ||||
| total current assets | 109,153 | 98,192 | 131,946 | 329,017 | 411,470 | 138,098 | 124,166 | 133,284 |
| total assets | 112,327 | 102,488 | 136,433 | 332,495 | 412,245 | 139,660 | 125,305 | 134,177 |
| Bank overdraft | 14,212 | 12,430 | 2,401 | |||||
| Bank loan | ||||||||
| Trade Creditors | 24,811 | 25,039 | 70,222 | 24,025 | 91,418 | 89,477 | ||
| Group/Directors Accounts | 28,444 | 24,972 | 29,698 | 50,164 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 13,141 | 13,141 | 20,598 | 184,996 | 274,713 | 79,511 | 19,450 | |
| total current liabilities | 55,797 | 50,543 | 77,508 | 260,199 | 344,935 | 103,536 | 110,868 | 89,477 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 661 | 147 | 297 | 217 | 179 | |||
| total long term liabilities | 661 | 147 | 297 | 217 | 179 | |||
| total liabilities | 55,797 | 50,543 | 77,508 | 260,860 | 345,082 | 103,833 | 111,085 | 89,656 |
| net assets | 56,530 | 51,945 | 58,925 | 71,635 | 67,163 | 35,827 | 14,220 | 44,521 |
| total shareholders funds | 56,530 | 51,945 | 58,925 | 71,635 | 67,163 | 35,827 | 14,220 | 44,521 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,122 | 1,432 | 1,496 | 787 | 787 | 418 | 113 | |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -2,598 | -1,671 | -6,298 | -9,098 | 3,989 | 5,164 | -7,485 | 18,615 |
| Debtors | 12,679 | -36,298 | -132,839 | -137,209 | 269,425 | 35,712 | -17,183 | 100,959 |
| Creditors | -24,811 | -228 | -45,183 | 46,197 | -67,393 | 1,941 | 89,477 | |
| Accruals and Deferred Income | -7,457 | -164,398 | -89,717 | 195,202 | 60,061 | 19,450 | ||
| Deferred Taxes & Provisions | -661 | 514 | -150 | 80 | 38 | 179 | ||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 3,472 | -4,726 | -20,466 | 50,164 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -57,934 | 55,660 | -42 | -26,944 | 15,550 | 13,710 | ||
| overdraft | 1,782 | 10,029 | 2,401 | |||||
| change in cash | -1,782 | -10,029 | -60,335 | 55,660 | -42 | -26,944 | 15,550 | 13,710 |
norselux lighting ltd Credit Report and Business Information
Norselux Lighting Ltd Competitor Analysis
Perform a competitor analysis for norselux lighting ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in E 8 area or any other competitors across 12 key performance metrics.
norselux lighting ltd Ownership
NORSELUX LIGHTING LTD group structure
Norselux Lighting Ltd has no subsidiary companies.
Ultimate parent company
NORSELUX LIGHTING LTD
09492946
norselux lighting ltd directors
Norselux Lighting Ltd currently has 1 director, Mr Ryan Hillary serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ryan Hillary | United Kingdom | 41 years | Mar 2015 | - | Director |
P&L
March 2023turnover
389.6k
+47%
operating profit
7k
0%
gross margin
35.2%
+6.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
56.5k
+0.09%
total assets
112.3k
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
norselux lighting ltd company details
company number
09492946
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
norlux lighting limited (December 2022)
accountant
ADS ACCOUNTANTS
auditor
-
address
unit 5 kingswharf, 301 kingsland road, london, E8 4DS
Bank
-
Legal Advisor
-
norselux lighting 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 norselux lighting ltd.
norselux lighting 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 NORSELUX LIGHTING LTD. This can take several minutes, an email will notify you when this has completed.
norselux lighting ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
