norgrove sales & lettings ltd

2

norgrove sales & lettings ltd Company Information

Share NORGROVE SALES & LETTINGS LTD
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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

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Directors

Sharon Norgrove8 Years

Shareholders

sharon norgrove 100%

norgrove sales & lettings ltd Estimated Valuation

£998.7k

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

£0

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

£4.1k

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

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £328.5k, make it smaller than the average company (£599k)

£328.5k - Norgrove Sales & Lettings Ltd

£599k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Norgrove Sales & Lettings Ltd

- - Industry AVG

production

Production

with a gross margin of 69.6%, this company has a comparable cost of product (69.6%)

69.6% - Norgrove Sales & Lettings Ltd

69.6% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (42.3%)

-2.9% - Norgrove Sales & Lettings Ltd

42.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Norgrove Sales & Lettings Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)

£28.6k - Norgrove Sales & Lettings Ltd

£28.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £164.3k, this is equally as efficient (£157.8k)

£164.3k - Norgrove Sales & Lettings Ltd

£157.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is later than average (30 days)

43 days - Norgrove Sales & Lettings Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (35 days)

18 days - Norgrove Sales & Lettings Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Norgrove Sales & Lettings Ltd

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Sep 2019Sep 2018Sep 2017Mar 2016
Turnover328,511403,963417,8320
Other Income Or Grants0000
Cost Of Sales99,940109,813107,6550
Gross Profit228,571294,150310,1770
Admin Expenses238,153305,516282,5320
Operating Profit-9,582-11,36627,6450
Interest Payable11000
Interest Receivable493515900
Pre-Tax Profit-9,101-10,85127,7350
Tax00-5,2700
Profit After Tax-9,101-10,85122,4650
Dividends Paid0000
Retained Profit-9,101-10,85122,4650
Employee Costs57,185109,059103,4190
Number Of Employees2440
EBITDA*-4,110-5,71434,0400

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2019Sep 2018Sep 2017Mar 2016
Tangible Assets1,2731,7452,3970
Intangible Assets10,00015,00020,0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets11,27316,74522,3970
Stock & work in progress0000
Trade Debtors39,14639,92243,2000
Group Debtors0000
Misc Debtors3011,00700
Cash65,85965,51971,9380
misc current assets0000
total current assets105,306106,448115,1380
total assets116,579123,193137,5350
Bank overdraft340000
Bank loan0000
Trade Creditors 4,9766,1032,9820
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities108,507105,143111,6320
total current liabilities113,823111,246114,6140
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions2423324550
total long term liabilities2423324550
total liabilities114,065111,578115,0690
net assets2,51411,61522,4660
total shareholders funds2,51411,61522,4660
Sep 2019Sep 2018Sep 2017Mar 2016
Operating Activities
Operating Profit-9,582-11,36627,6450
Depreciation4726521,3950
Amortisation5,0005,0005,0000
Tax00-5,2700
Stock0000
Debtors-1,482-2,27143,2000
Creditors-1,1273,1212,9820
Accruals and Deferred Income3,364-6,489111,6320
Deferred Taxes & Provisions-90-1234550
Cash flow from operations-481-6,934100,6390
Investing Activities
capital expenditure00-28,7920
Change in Investments0000
cash flow from investments00-28,7920
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue0010
interest482515900
cash flow from financing482515910
cash and cash equivalents
cash340-6,41971,9380
overdraft340000
change in cash0-6,41971,9380

norgrove sales & lettings ltd 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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Norgrove Sales & Lettings Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

sharon norgrove 100%

norgrove sales & lettings ltd directors

Norgrove Sales & Lettings Ltd currently has 1 director, Mrs Sharon Norgrove serving since Jul 2016.

officercountryagestartendrole
Mrs Sharon Norgrove38 years Jul 2016- Director

P&L

September 2019

turnover

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 2019

net 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

None

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.

charges

norgrove sales & lettings ltd Companies House Filings - See Documents

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