naljets ltd
naljets ltd Company Information
Company Number
09812608
Website
www.naljets.comRegistered Address
southside newcastle airport, woolsington, newcastle upon tyne, NE13 8BT
Industry
Non-scheduled passenger air transport
Telephone
01912500459
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
craig mcleod 100%
naljets ltd Estimated Valuation
Pomanda estimates the enterprise value of NALJETS LTD at £592.4k based on a Turnover of £1.1m and 0.54x industry multiple (adjusted for size and gross margin).
naljets ltd Estimated Valuation
Pomanda estimates the enterprise value of NALJETS LTD at £300.1k based on an EBITDA of £75.6k and a 3.97x industry multiple (adjusted for size and gross margin).
naljets ltd Estimated Valuation
Pomanda estimates the enterprise value of NALJETS LTD at £233.9k based on Net Assets of £103.1k and 2.27x industry multiple (adjusted for liquidity).
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Naljets Ltd Overview
Naljets Ltd is a live company located in newcastle upon tyne, NE13 8BT with a Companies House number of 09812608. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in October 2015, it's largest shareholder is craig mcleod with a 100% stake. Naljets Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with unknown growth in recent years.
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Naljets Ltd Health Check
Pomanda's financial health check has awarded Naljets Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£15.7m)
- Naljets Ltd
£15.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Naljets Ltd
- - Industry AVG
Production
with a gross margin of 15.8%, this company has a comparable cost of product (15.8%)
- Naljets Ltd
15.8% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (3.2%)
- Naljets Ltd
3.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (56)
3 - Naljets Ltd
56 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has an equivalent pay structure (£58.6k)
- Naljets Ltd
£58.6k - Industry AVG
Efficiency
resulting in sales per employee of £366k, this is more efficient (£245.9k)
- Naljets Ltd
£245.9k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is near the average (27 days)
- Naljets Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (29 days)
- Naljets Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Naljets Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (9 weeks)
17 weeks - Naljets Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.9%, this is a lower level of debt than the average (84.8%)
71.9% - Naljets Ltd
84.8% - Industry AVG
NALJETS LTD financials
Naljets Ltd's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £103.1 thousand. According to their latest financial statements, Naljets Ltd has 3 employees and maintains cash reserves of £87.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | 3 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,747 | 1,319 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 24,675 | 14,178 | 60 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,422 | 15,497 | 60 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 65,926 | 41,732 | 19,405 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 185,781 | 61,761 | 12,990 | 0 | 0 | 0 | 0 |
| Cash | 87,300 | 82,460 | 53,147 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 339,007 | 185,953 | 85,542 | 0 | 0 | 0 | 0 |
| total assets | 366,429 | 201,450 | 85,602 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 154,103 | 83,915 | 40,200 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 109,179 | 67,778 | 40,073 | 0 | 0 | 0 | 0 |
| total current liabilities | 263,282 | 151,693 | 80,273 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 263,282 | 151,693 | 80,273 | 0 | 0 | 0 | 0 |
| net assets | 103,147 | 49,757 | 5,329 | 0 | 0 | 0 | 0 |
| total shareholders funds | 103,147 | 49,757 | 5,329 | 0 | 0 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 930 | 300 | 0 | ||||
| Amortisation | 12,337 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 148,214 | 71,098 | 32,395 | 0 | 0 | 0 | 0 |
| Creditors | 70,188 | 43,715 | 40,200 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 41,401 | 27,705 | 40,073 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 4,840 | 29,313 | 53,147 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,840 | 29,313 | 53,147 | 0 | 0 | 0 | 0 |
naljets ltd Credit Report and Business Information
Naljets Ltd Competitor Analysis
Perform a competitor analysis for naljets ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in NE13 area or any other competitors across 12 key performance metrics.
naljets ltd Ownership
NALJETS LTD group structure
Naljets Ltd has no subsidiary companies.
Ultimate parent company
2 parents
NALJETS LTD
09812608
naljets ltd directors
Naljets Ltd currently has 2 directors. The longest serving directors include Mr Craig McLeod (Oct 2015) and Mrs Donna Bulman (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig McLeod | 53 years | Oct 2015 | - | Director | |
| Mrs Donna Bulman | United Kingdom | 55 years | Sep 2022 | - | Director |
P&L
March 2023turnover
1.1m
+81%
operating profit
62.3k
0%
gross margin
15.9%
-2.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
103.1k
+1.07%
total assets
366.4k
+0.82%
cash
87.3k
+0.06%
net assets
Total assets minus all liabilities
Similar Companies
naljets ltd company details
company number
09812608
Type
Private limited with Share Capital
industry
51102 - Non-scheduled passenger air transport
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
southside newcastle airport, woolsington, newcastle upon tyne, NE13 8BT
Bank
-
Legal Advisor
-
naljets 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 naljets ltd.
naljets ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
