notus heavy lift solutions limited
notus heavy lift solutions limited Company Information
Company Number
09875737
Website
www.notusheavylift.comRegistered Address
british engineering services uni, eddington way, warrington, WA3 6BA
Industry
Environmental consulting activities
Telephone
08448110616
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
british engineering services holdco limited 100%
notus heavy lift solutions limited Estimated Valuation
Pomanda estimates the enterprise value of NOTUS HEAVY LIFT SOLUTIONS LIMITED at £2.3m based on a Turnover of £4.2m and 0.54x industry multiple (adjusted for size and gross margin).
notus heavy lift solutions limited Estimated Valuation
Pomanda estimates the enterprise value of NOTUS HEAVY LIFT SOLUTIONS LIMITED at £5m based on an EBITDA of £1.1m and a 4.7x industry multiple (adjusted for size and gross margin).
notus heavy lift solutions limited Estimated Valuation
Pomanda estimates the enterprise value of NOTUS HEAVY LIFT SOLUTIONS LIMITED at £2.9m based on Net Assets of £1.2m and 2.36x industry multiple (adjusted for liquidity).
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Notus Heavy Lift Solutions Limited Overview
Notus Heavy Lift Solutions Limited is a live company located in warrington, WA3 6BA with a Companies House number of 09875737. It operates in the environmental consulting activities sector, SIC Code 74901. Founded in November 2015, it's largest shareholder is british engineering services holdco limited with a 100% stake. Notus Heavy Lift Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £4.2m with rapid growth in recent years.
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Notus Heavy Lift Solutions Limited Health Check
Pomanda's financial health check has awarded Notus Heavy Lift Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £4.2m, make it larger than the average company (£643.4k)
£4.2m - Notus Heavy Lift Solutions Limited
£643.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 72%, show it is growing at a faster rate (10%)
- Notus Heavy Lift Solutions Limited
10% - Industry AVG
Production
with a gross margin of 46.3%, this company has a comparable cost of product (49.3%)
46.3% - Notus Heavy Lift Solutions Limited
49.3% - Industry AVG
Profitability
an operating margin of 23% make it more profitable than the average company (7%)
23% - Notus Heavy Lift Solutions Limited
7% - Industry AVG
Employees
with 29 employees, this is above the industry average (8)
29 - Notus Heavy Lift Solutions Limited
8 - Industry AVG
Pay Structure
on an average salary of £70.4k, the company has a higher pay structure (£40.6k)
£70.4k - Notus Heavy Lift Solutions Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £146.1k, this is more efficient (£88k)
£146.1k - Notus Heavy Lift Solutions Limited
£88k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (61 days)
81 days - Notus Heavy Lift Solutions Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (26 days)
0 days - Notus Heavy Lift Solutions Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Notus Heavy Lift Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is average cash available to meet short term requirements (46 weeks)
39 weeks - Notus Heavy Lift Solutions Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (50.7%)
38.7% - Notus Heavy Lift Solutions Limited
50.7% - Industry AVG
NOTUS HEAVY LIFT SOLUTIONS LIMITED financials
Notus Heavy Lift Solutions Limited's latest turnover from December 2022 is £4.2 million and the company has net assets of £1.2 million. According to their latest financial statements, Notus Heavy Lift Solutions Limited has 29 employees and maintains cash reserves of £510 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 4,236,000 | 2,852,000 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 2,273,000 | 1,601,000 | |||||
| Gross Profit | 1,963,000 | 1,251,000 | |||||
| Admin Expenses | 989,000 | 502,000 | |||||
| Operating Profit | 974,000 | 749,000 | |||||
| Interest Payable | 4,000 | 873,000 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | 970,000 | -124,000 | |||||
| Tax | -188,000 | -252,000 | |||||
| Profit After Tax | 782,000 | -376,000 | |||||
| Dividends Paid | 122,000 | 527,000 | |||||
| Retained Profit | 660,000 | -903,000 | |||||
| Employee Costs | 2,041,000 | 1,473,000 | |||||
| Number Of Employees | 29 | 22 | 18 | 16 | 13 | 6 | 4 |
| EBITDA* | 1,063,000 | 17,414,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,000 | 102,000 | 111,988 | 105,062 | 87,314 | 78,699 | 59,278 |
| Intangible Assets | 0 | 0 | 0 | 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 | 18,000 | 102,000 | 111,988 | 105,062 | 87,314 | 78,699 | 59,278 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 947,000 | 410,000 | 370,113 | 319,256 | 152,273 | 188,065 | 187,069 |
| Group Debtors | 483,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 26,000 | 15,000 | 795,507 | 641,146 | 281,564 | 30,650 | 650 |
| Cash | 510,000 | 601,000 | 807,960 | 169,984 | 151,764 | 165,342 | 80,479 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,966,000 | 1,026,000 | 1,973,580 | 1,130,386 | 585,601 | 384,057 | 268,198 |
| total assets | 1,984,000 | 1,128,000 | 2,085,568 | 1,235,448 | 672,915 | 462,756 | 327,476 |
| Bank overdraft | 48,000 | 40,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,000 | 1,000 | 90,622 | 11,377 | 17,369 | 20,100 | 0 |
| Group/Directors Accounts | 187,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 10,000 | 12,705 | 15,772 | 10,324 | 10,324 | 4,188 |
| other current liabilities | 438,000 | 360,000 | 302,488 | 262,855 | 161,257 | 131,378 | 201,272 |
| total current liabilities | 676,000 | 411,000 | 405,815 | 290,004 | 188,950 | 161,802 | 205,460 |
| loans | 88,000 | 140,000 | 200,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 9,000 | 20,699 | 33,573 | 34,453 | 44,777 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 31,651 |
| provisions | 4,000 | 12,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 92,000 | 161,000 | 220,699 | 33,573 | 34,453 | 44,777 | 31,651 |
| total liabilities | 768,000 | 572,000 | 626,514 | 323,577 | 223,403 | 206,579 | 237,111 |
| net assets | 1,216,000 | 556,000 | 1,459,054 | 911,871 | 449,512 | 256,177 | 90,365 |
| total shareholders funds | 1,216,000 | 556,000 | 1,459,054 | 911,871 | 449,512 | 256,177 | 90,365 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 974,000 | 749,000 | |||||
| Depreciation | 89,000 | 16,665,000 | 13,958 | 21,737 | 14,130 | 14,281 | 11,269 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -188,000 | -252,000 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,031,000 | -740,620 | 205,218 | 526,565 | 215,122 | 30,996 | 187,719 |
| Creditors | 2,000 | -89,622 | 79,245 | -5,992 | -2,731 | 20,100 | 0 |
| Accruals and Deferred Income | 78,000 | 57,512 | 39,633 | 101,598 | 29,879 | -69,894 | 201,272 |
| Deferred Taxes & Provisions | -8,000 | 12,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -84,000 | 17,882,510 | |||||
| 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 | 187,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -52,000 | -60,000 | 200,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -19,000 | -14,404 | -15,941 | 4,568 | -10,324 | 50,913 | 4,188 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -31,651 | 31,651 |
| share issue | |||||||
| interest | -4,000 | -873,000 | |||||
| cash flow from financing | 112,000 | -947,458 | |||||
| cash and cash equivalents | |||||||
| cash | -91,000 | -206,960 | 637,976 | 18,220 | -13,578 | 84,863 | 80,479 |
| overdraft | 8,000 | 40,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -99,000 | -246,960 | 637,976 | 18,220 | -13,578 | 84,863 | 80,479 |
notus heavy lift solutions limited Credit Report and Business Information
Notus Heavy Lift Solutions Limited Competitor Analysis
Perform a competitor analysis for notus heavy lift solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
notus heavy lift solutions limited Ownership
NOTUS HEAVY LIFT SOLUTIONS LIMITED group structure
Notus Heavy Lift Solutions Limited has no subsidiary companies.
Ultimate parent company
INFLEXION BUYOUT V INVESTMENTS LP
#0114100
2 parents
NOTUS HEAVY LIFT SOLUTIONS LIMITED
09875737
notus heavy lift solutions limited directors
Notus Heavy Lift Solutions Limited currently has 4 directors. The longest serving directors include Mr Sebastian Lomax (May 2022) and Mr James Reeves (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sebastian Lomax | United Kingdom | 45 years | May 2022 | - | Director |
| Mr James Reeves | United Kingdom | 48 years | May 2022 | - | Director |
| Mr Walter Rowe | United Kingdom | 43 years | Jun 2023 | - | Director |
| Mr John Lennox | United Kingdom | 63 years | Jun 2023 | - | Director |
P&L
December 2022turnover
4.2m
+49%
operating profit
974k
+30%
gross margin
46.4%
+5.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
+1.19%
total assets
2m
+0.76%
cash
510k
-0.15%
net assets
Total assets minus all liabilities
notus heavy lift solutions limited company details
company number
09875737
Type
Private limited with Share Capital
industry
74901 - Environmental consulting activities
incorporation date
November 2015
age
9
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
british engineering services uni, eddington way, warrington, WA3 6BA
last accounts submitted
December 2022
notus heavy lift solutions 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 found 2 charges/mortgages relating to notus heavy lift solutions limited. Currently there are 1 open charges and 1 have been satisfied in the past.
notus heavy lift solutions limited Companies House Filings - See Documents
| date | description | view/download |
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