narang corporation ltd
narang corporation ltd Company Information
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
moorcroft 75 main road, ryton, tyne & wear, NE40 3AQ
Website
www.narang.comnarang corporation ltd Estimated Valuation
Pomanda estimates the enterprise value of NARANG CORPORATION LTD at £47.7k based on a Turnover of £105.6k and 0.45x industry multiple (adjusted for size and gross margin).
narang corporation ltd Estimated Valuation
Pomanda estimates the enterprise value of NARANG CORPORATION LTD at £0 based on an EBITDA of £0 and a 3.25x industry multiple (adjusted for size and gross margin).
narang corporation ltd Estimated Valuation
Pomanda estimates the enterprise value of NARANG CORPORATION LTD at £123.1k based on Net Assets of £53.6k and 2.3x industry multiple (adjusted for liquidity).
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Narang Corporation Ltd Overview
Narang Corporation Ltd is a dissolved company that was located in tyne & wear, NE40 3AQ with a Companies House number of 09538069. It operated in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 2015, it's largest shareholder was sukhdev singh with a 100% stake. The last turnover for Narang Corporation Ltd was estimated at £105.6k.
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Narang Corporation Ltd Health Check
Pomanda's financial health check has awarded Narang Corporation Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £105.6k, make it smaller than the average company (£1.3m)
- Narang Corporation Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.5%)
- Narang Corporation Ltd
1.5% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (43.7%)
- Narang Corporation Ltd
43.7% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Narang Corporation Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Narang Corporation Ltd
16 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Narang Corporation Ltd
£44k - Industry AVG
Efficiency
resulting in sales per employee of £105.6k, this is equally as efficient (£105.1k)
- Narang Corporation Ltd
£105.1k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is later than average (55 days)
- Narang Corporation Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (32 days)
- Narang Corporation Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Narang Corporation Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Narang Corporation Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.6%, this is a lower level of debt than the average (55.7%)
22.6% - Narang Corporation Ltd
55.7% - Industry AVG
NARANG CORPORATION LTD financials
Narang Corporation Ltd's latest turnover from April 2021 is estimated at £105.6 thousand and the company has net assets of £53.6 thousand. According to their latest financial statements, Narang Corporation Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 24,770 | 24,770 | 24,770 | 25,078 | 25,420 | |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 24,770 | 24,770 | 24,770 | 25,078 | 25,420 | |
| Stock & work in progress | ||||||
| Trade Debtors | 44,544 | 44,544 | 44,544 | 43,022 | 44,235 | |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 44,544 | 44,544 | 44,544 | 43,022 | 44,235 | |
| total assets | 69,314 | 69,314 | 69,314 | 68,100 | 69,655 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 15,670 | 15,670 | 15,670 | 14,570 | 19,281 | |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 15,670 | 15,670 | 15,670 | 14,570 | 19,281 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 15,670 | 15,670 | 15,670 | 14,570 | 19,281 | |
| net assets | 53,644 | 53,644 | 53,644 | 53,530 | 50,374 | |
| total shareholders funds | 53,644 | 53,644 | 53,644 | 53,530 | 50,374 |
| Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 1,522 | -1,213 | 44,235 | |||
| Creditors | 1,100 | -4,711 | 19,281 | |||
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| 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 | ||||||
| overdraft | ||||||
| change in cash |
narang corporation ltd Credit Report and Business Information
Narang Corporation Ltd Competitor Analysis
Perform a competitor analysis for narang corporation ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in NE40 area or any other competitors across 12 key performance metrics.
narang corporation ltd Ownership
NARANG CORPORATION LTD group structure
Narang Corporation Ltd has no subsidiary companies.
Ultimate parent company
NARANG CORPORATION LTD
09538069
narang corporation ltd directors
Narang Corporation Ltd currently has 1 director, Mr Sukhdev Singh serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sukhdev Singh | England | 65 years | Apr 2015 | - | Director |
P&L
April 2021turnover
105.6k
-3%
operating profit
0
0%
gross margin
22.5%
-12.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2021net assets
53.6k
0%
total assets
69.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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narang corporation ltd company details
company number
09538069
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2021
previous names
N/A
accountant
-
auditor
-
address
moorcroft 75 main road, ryton, tyne & wear, NE40 3AQ
Bank
-
Legal Advisor
-
narang corporation 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 narang corporation ltd.
narang corporation 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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narang corporation ltd Companies House Filings - See Documents
| date | description | view/download |
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