nameco (no. 1285) limited
nameco (no. 1285) limited Company Information
Company Number
09729787
Website
http://hampden.co.ukRegistered Address
5th floor 40 gracechurch street, london, EC3V 0BT
Industry
Non-life reinsurance
Non-life insurance
Telephone
02078636500
Next Accounts Due
September 2024
Group Structure
View All
Directors
Nicholas Wright8 Years
Shareholders
nomina plc 100%
nameco (no. 1285) limited Estimated Valuation
Pomanda estimates the enterprise value of NAMECO (NO. 1285) LIMITED at £682.5k based on a Turnover of £637.2k and 1.07x industry multiple (adjusted for size and gross margin).
nameco (no. 1285) limited Estimated Valuation
Pomanda estimates the enterprise value of NAMECO (NO. 1285) LIMITED at £66.9k based on an EBITDA of £7.9k and a 8.42x industry multiple (adjusted for size and gross margin).
nameco (no. 1285) limited Estimated Valuation
Pomanda estimates the enterprise value of NAMECO (NO. 1285) LIMITED at £0 based on Net Assets of £-281.3k and 1.91x industry multiple (adjusted for liquidity).
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Nameco (no. 1285) Limited Overview
Nameco (no. 1285) Limited is a live company located in london, EC3V 0BT with a Companies House number of 09729787. It operates in the non-life insurance sector, SIC Code 65120. Founded in August 2015, it's largest shareholder is nomina plc with a 100% stake. Nameco (no. 1285) Limited is a young, small sized company, Pomanda has estimated its turnover at £637.2k with healthy growth in recent years.
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Nameco (no. 1285) Limited Health Check
Pomanda's financial health check has awarded Nameco (No. 1285) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £637.2k, make it smaller than the average company (£1.5m)
£637.2k - Nameco (no. 1285) Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.4%)
8% - Nameco (no. 1285) Limited
3.4% - Industry AVG
Production
with a gross margin of 98.5%, this company has a comparable cost of product (98.5%)
98.5% - Nameco (no. 1285) Limited
98.5% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (15.9%)
1.3% - Nameco (no. 1285) Limited
15.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (20)
- Nameco (no. 1285) Limited
20 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Nameco (no. 1285) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £159.3k, this is equally as efficient (£181.1k)
- Nameco (no. 1285) Limited
£181.1k - Industry AVG
Debtor Days
it gets paid by customers after 297 days, this is later than average (232 days)
297 days - Nameco (no. 1285) Limited
232 days - Industry AVG
Creditor Days
its suppliers are paid after 7949 days, this is slower than average (535 days)
7949 days - Nameco (no. 1285) Limited
535 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nameco (no. 1285) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (20 weeks)
3 weeks - Nameco (no. 1285) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113%, this is a higher level of debt than the average (80.5%)
113% - Nameco (no. 1285) Limited
80.5% - Industry AVG
nameco (no. 1285) limited Credit Report and Business Information
Nameco (no. 1285) Limited Competitor Analysis
Perform a competitor analysis for nameco (no. 1285) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nameco (no. 1285) limited Ownership
NAMECO (NO. 1285) LIMITED group structure
Nameco (No. 1285) Limited has no subsidiary companies.
Ultimate parent company
2 parents
NAMECO (NO. 1285) LIMITED
09729787
nameco (no. 1285) limited directors
Nameco (No. 1285) Limited currently has 1 director, Mr Nicholas Wright serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Wright | United Kingdom | 62 years | Jan 2016 | - | Director |
NAMECO (NO. 1285) LIMITED financials
Nameco (No. 1285) Limited's latest turnover from December 2022 is £637.2 thousand and the company has net assets of -£281.3 thousand. According to their latest financial statements, we estimate that Nameco (No. 1285) Limited has 4 employees and maintains cash reserves of £53.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 637,161 | 529,261 | 513,017 | 510,269 | 506,368 | 468,975 | 203,644 | 0 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 11,236 | 4,545 | -69,367 | -43,990 | -56,664 | -130,458 | -73,856 | -10,000 |
| Tax | -3,533 | 20,483 | 18,563 | 6,958 | 8,999 | 19,991 | 13,993 | 0 |
| Profit After Tax | 7,703 | 25,028 | -50,804 | -37,032 | -47,665 | -110,467 | -59,863 | -10,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,703 | 25,028 | -50,804 | -37,032 | -47,665 | -110,467 | -59,863 | -10,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,369,988 | 1,103,542 | 1,004,887 | 932,828 | 420,448 | 477,314 | 243,512 | 0 |
| Intangible Assets | 4,811 | 10,369 | 16,899 | 61,549 | 91,192 | 133,018 | 174,753 | 214,929 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,374,799 | 1,113,911 | 1,021,786 | 994,377 | 511,640 | 610,332 | 418,265 | 214,929 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 519,204 | 421,195 | 376,273 | 332,639 | 403,096 | 270,705 | 178,056 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 53,776 | 35,909 | 30,241 | 22,126 | 24,211 | 9,749 | 6,938 | 0 |
| misc current assets | 6,797 | 4,907 | 4,530 | 4,504 | 4,857 | 2,213 | 1,322 | 0 |
| total current assets | 797,188 | 685,407 | 666,072 | 677,859 | 758,147 | 515,149 | 395,399 | 150,000 |
| total assets | 2,171,987 | 1,799,318 | 1,687,858 | 1,672,236 | 1,269,787 | 1,125,481 | 813,664 | 364,929 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 209,744 | 150,145 | 141,645 | 126,340 | 192,569 | 117,365 | 50,414 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 2,083 | 3,390 | 6,623 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 768,010 | 720,439 | 683,261 | 665,332 | 768,309 | 591,733 | 502,571 | 374,829 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,685,292 | 1,365,877 | 1,316,220 | 1,269,435 | 1,248,791 | 710,723 | 378,986 | 0 |
| total liabilities | 2,453,302 | 2,086,316 | 1,999,481 | 1,934,767 | 2,017,100 | 1,302,456 | 881,557 | 374,829 |
| net assets | -281,315 | -286,998 | -311,623 | -262,531 | -747,313 | -176,975 | -67,893 | -9,900 |
| total shareholders funds | -281,315 | -286,998 | -311,623 | -262,531 | -229,078 | -176,975 | -67,893 | -9,900 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | ||||||||
| Tax | -3,533 | 20,483 | 18,563 | 6,958 | 8,999 | 19,991 | 13,993 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 98,009 | 44,922 | 43,634 | -70,457 | 132,391 | 92,649 | 178,056 | 0 |
| Creditors | 59,599 | 8,500 | 15,305 | -66,229 | 75,204 | 66,951 | 50,414 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -2,083 | -1,307 | -3,233 | 6,623 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 17,867 | 5,668 | 8,115 | -2,085 | 14,462 | 2,811 | 6,938 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 17,867 | 5,668 | 8,115 | -2,085 | 14,462 | 2,811 | 6,938 | 0 |
P&L
December 2022turnover
637.2k
+20%
operating profit
7.9k
0%
gross margin
98.5%
-0.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-281.3k
-0.02%
total assets
2.2m
+0.21%
cash
53.8k
+0.5%
net assets
Total assets minus all liabilities
nameco (no. 1285) limited company details
company number
09729787
Type
Private limited with Share Capital
industry
65202 - Non-life reinsurance
65120 - Non-life insurance
incorporation date
August 2015
age
9
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
5th floor 40 gracechurch street, london, EC3V 0BT
last accounts submitted
December 2022
nameco (no. 1285) 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 nameco (no. 1285) limited.
nameco (no. 1285) limited Companies House Filings - See Documents
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