norgrove sales & lettings ltd
norgrove sales & lettings ltd Company Information
Company Number
09692078
Registered Address
5 manor close manor close, stourport-on-severn, DY13 9DR
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01562822004
Next Accounts Due
1218 days late
Group Structure
View All
Directors
Sharon Norgrove8 Years
Shareholders
sharon norgrove 100%
norgrove sales & lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of NORGROVE SALES & LETTINGS LTD at £998.7k based on a Turnover of £328.5k and 3.04x industry multiple (adjusted for size and gross margin).
norgrove sales & lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of NORGROVE SALES & LETTINGS LTD at £0 based on an EBITDA of £-4.1k and a 6.95x industry multiple (adjusted for size and gross margin).
norgrove sales & lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of NORGROVE SALES & LETTINGS LTD at £4.1k based on Net Assets of £2.5k and 1.62x industry multiple (adjusted for liquidity).
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Norgrove Sales & Lettings Ltd Overview
Norgrove Sales & Lettings Ltd is a live company located in stourport-on-severn, DY13 9DR with a Companies House number of 09692078. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2015, it's largest shareholder is sharon norgrove with a 100% stake. Norgrove Sales & Lettings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £328.5k with unknown growth in recent years.
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Norgrove Sales & Lettings Ltd Health Check
Pomanda's financial health check has awarded Norgrove Sales & Lettings Ltd a 2 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 £328.5k, make it smaller than the average company (£599k)
- Norgrove Sales & Lettings Ltd
£599k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Norgrove Sales & Lettings Ltd
- - Industry AVG
Production
with a gross margin of 69.6%, this company has a comparable cost of product (69.6%)
- Norgrove Sales & Lettings Ltd
69.6% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (42.3%)
- Norgrove Sales & Lettings Ltd
42.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Norgrove Sales & Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)
- Norgrove Sales & Lettings Ltd
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £164.3k, this is equally as efficient (£157.8k)
- Norgrove Sales & Lettings Ltd
£157.8k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (30 days)
- Norgrove Sales & Lettings Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (35 days)
- Norgrove Sales & Lettings Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Norgrove Sales & Lettings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (12 weeks)
30 weeks - Norgrove Sales & Lettings Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (64.4%)
97.8% - Norgrove Sales & Lettings Ltd
64.4% - Industry AVG
NORGROVE SALES & LETTINGS LTD financials
Norgrove Sales & Lettings Ltd's latest turnover from September 2019 is estimated at £328.5 thousand and the company has net assets of £2.5 thousand. According to their latest financial statements, Norgrove Sales & Lettings Ltd has 2 employees and maintains cash reserves of £65.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Sep 2018 | Sep 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 | 2 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Sep 2018 | Sep 2017 | Mar 2016 | |
|---|---|---|---|---|
| Tangible Assets | 1,273 | 1,745 | 2,397 | 0 |
| Intangible Assets | 10,000 | 15,000 | 20,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,273 | 16,745 | 22,397 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,146 | 39,922 | 43,200 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 301 | 1,007 | 0 | 0 |
| Cash | 65,859 | 65,519 | 71,938 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 105,306 | 106,448 | 115,138 | 0 |
| total assets | 116,579 | 123,193 | 137,535 | 0 |
| Bank overdraft | 340 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,976 | 6,103 | 2,982 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 108,507 | 105,143 | 111,632 | 0 |
| total current liabilities | 113,823 | 111,246 | 114,614 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 242 | 332 | 455 | 0 |
| total long term liabilities | 242 | 332 | 455 | 0 |
| total liabilities | 114,065 | 111,578 | 115,069 | 0 |
| net assets | 2,514 | 11,615 | 22,466 | 0 |
| total shareholders funds | 2,514 | 11,615 | 22,466 | 0 |
| Sep 2019 | Sep 2018 | Sep 2017 | Mar 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 472 | 652 | 1,395 | |
| Amortisation | 5,000 | 5,000 | 5,000 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -1,482 | -2,271 | 43,200 | 0 |
| Creditors | -1,127 | 3,121 | 2,982 | 0 |
| Accruals and Deferred Income | 3,364 | -6,489 | 111,632 | 0 |
| Deferred Taxes & Provisions | -90 | -123 | 455 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 340 | -6,419 | 71,938 | 0 |
| overdraft | 340 | 0 | 0 | 0 |
| change in cash | 0 | -6,419 | 71,938 | 0 |
norgrove sales & lettings ltd Credit Report and Business Information
Norgrove Sales & Lettings Ltd Competitor Analysis
Perform a competitor analysis for norgrove sales & lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DY13 area or any other competitors across 12 key performance metrics.
norgrove sales & lettings ltd Ownership
NORGROVE SALES & LETTINGS LTD group structure
Norgrove Sales & Lettings Ltd has no subsidiary companies.
Ultimate parent company
NORGROVE SALES & LETTINGS LTD
09692078
norgrove sales & lettings ltd directors
Norgrove Sales & Lettings Ltd currently has 1 director, Mrs Sharon Norgrove serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sharon Norgrove | 38 years | Jul 2016 | - | Director |
P&L
September 2019turnover
328.5k
-19%
operating profit
-9.6k
0%
gross margin
69.6%
-4.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
2.5k
-0.78%
total assets
116.6k
-0.05%
cash
65.9k
+0.01%
net assets
Total assets minus all liabilities
norgrove sales & lettings ltd company details
company number
09692078
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.
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2019
previous names
norgrove properties ltd (March 2016)
accountant
KIMBERLEE & CO
auditor
-
address
5 manor close manor close, stourport-on-severn, DY13 9DR
Bank
-
Legal Advisor
-
norgrove sales & lettings 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 norgrove sales & lettings ltd.
norgrove sales & lettings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
