Pomanda estimates the enterprise value of NMRN OPERATIONS at £22m based on a Turnover of £18.4m and 1.19x industry multiple (adjusted for size and gross margin).
nmrn operationsEstimated Valuation
£14.1m
Pomanda estimates the enterprise value of NMRN OPERATIONS at £14.1m based on an EBITDA of £1.2m and a 12.07x industry multiple (adjusted for size and gross margin).
nmrn operationsEstimated Valuation
£70.6m
Pomanda estimates the enterprise value of NMRN OPERATIONS at £70.6m based on Net Assets of £39.4m and 1.79x industry multiple (adjusted for liquidity).
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Nmrn OperationsOverview
Nmrn Operations is a live company located in portsmouth, PO1 3NH with a Companies House number of 09988314. It operates in the operation of historical sites and buildings and similar visitor attractions sector, SIC Code 91030. Founded in February 2016, it's largest shareholder is
unknown.
Nmrn Operations is a young,
mid sized company, Pomanda has estimated its turnover at
£18.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Nmrn Operations 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
Health Rating5out of 5
5 Strong
5 Regular
2 Weak
Size
annual sales of £18.4m, make it larger than the average company (£463.5k)
£18.4m - Nmrn Operations
£463.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.4%)
4% - Nmrn Operations
9.4% - Industry AVG
Production
with a gross margin of 55%, this company has a comparable cost of product (55%)
55% - Nmrn Operations
55% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (3.7%)
-5% - Nmrn Operations
3.7% - Industry AVG
Employees
with 349 employees, this is above the industry average (12)
349 - Nmrn Operations
12 - Industry AVG
Pay Structure
on an average salary of £23.6k, the company has an equivalent pay structure (£22.2k)
£23.6k - Nmrn Operations
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £52.8k, this is equally as efficient (£56k)
£52.8k - Nmrn Operations
£56k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (7 days)
3 days - Nmrn Operations
7 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (31 days)
37 days - Nmrn Operations
31 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is in line with average (37 days)
31 days - Nmrn Operations
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 93 weeks, this is average cash available to meet short term requirements (116 weeks)
93 weeks - Nmrn Operations
116 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.8%, this is a lower level of debt than the average (10.1%)
7.8% - Nmrn Operations
10.1% - Industry AVG
NMRN OPERATIONS financials
EXPORT
Nmrn Operations's latest turnover from March 2024 is £18.4 million and the company has net assets of £39.4 million. According to their latest financial statements, Nmrn Operations has 349 employees and maintains cash reserves of £6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
18,426,275
28,429,077
13,712,182
16,507,557
22,715,854
16,554,467
22,646,231
22,477,516
Other Income Or Grants
Cost Of Sales
8,284,119
13,371,528
6,174,791
7,433,588
9,486,289
5,716,426
7,457,582
6,860,243
Gross Profit
10,142,156
15,057,549
7,537,391
9,073,969
13,229,565
10,838,041
15,188,649
15,617,273
Admin Expenses
11,068,248
2,278,264
8,536,574
5,144,229
6,884,599
12,122,701
14,036,885
-4,565,962
Operating Profit
-926,092
12,779,285
-999,183
3,929,740
6,344,966
-1,284,660
1,151,764
20,183,235
Interest Payable
Interest Receivable
Pre-Tax Profit
-705,120
10,417,425
-989,038
3,184,253
5,140,637
-1,273,975
944,526
16,150,899
Tax
Profit After Tax
-705,120
10,417,425
-989,038
3,184,253
5,140,637
-1,273,975
944,526
16,150,899
Dividends Paid
Retained Profit
-705,120
10,417,425
-989,038
3,184,253
5,140,637
-1,273,975
944,526
16,150,899
Employee Costs
8,246,819
7,138,597
5,829,227
5,451,439
6,958,235
6,613,077
6,153,739
1,946,872
Number Of Employees
349
360
301
324
408
403
374
236
EBITDA*
1,171,389
14,623,641
77,756
5,124,311
7,270,466
-293,940
2,196,216
20,183,235
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
32,317,234
32,394,512
23,305,870
22,380,033
21,376,162
17,412,491
17,526,143
16,297,688
Intangible Assets
Investments & Other
822,000
747,000
Debtors (Due After 1 year)
500,000
500,000
Total Fixed Assets
33,139,234
33,141,512
23,305,870
22,880,033
21,876,162
17,412,491
17,526,143
16,297,688
Stock & work in progress
708,309
662,994
538,251
673,145
706,757
700,858
843,916
762,824
Trade Debtors
198,547
225,570
106,811
707,397
489,581
75,258
285,501
618,133
Group Debtors
1,365,447
3,966,875
1,904,655
1,217,615
97,296
98,927
664,219
20,056
Misc Debtors
1,340,816
1,034,022
1,098,728
2,527,419
3,731,674
2,201,143
2,206,568
1,122,948
Cash
5,969,093
2,448,883
1,397,417
1,308,035
1,565,993
1,433,338
1,415,952
4,311,090
misc current assets
total current assets
9,582,212
8,338,344
5,045,862
6,433,611
6,591,301
4,509,524
5,416,156
6,835,051
total assets
42,721,446
41,479,856
28,351,732
29,313,644
28,467,463
21,922,015
22,942,299
23,132,739
Bank overdraft
Bank loan
Trade Creditors
846,505
631,567
801,361
955,058
1,678,478
932,662
1,608,587
848,936
Group/Directors Accounts
28,999
23,918
68,837
563,893
2,882,361
2,375,014
1,927,644
4,105,760
other short term finances
hp & lease commitments
other current liabilities
2,439,939
1,665,302
2,085,714
2,503,964
1,532,664
1,578,769
1,265,779
1,594,933
total current liabilities
3,315,443
2,320,787
2,955,912
4,022,915
6,093,503
4,886,445
4,802,010
6,549,629
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
273,000
total liabilities
3,315,443
2,320,787
3,228,912
4,022,915
6,093,503
4,886,445
4,802,010
6,549,629
net assets
39,406,003
39,159,069
25,122,820
25,290,729
22,373,960
17,035,570
18,140,289
16,583,110
total shareholders funds
39,406,003
39,159,069
25,122,820
25,290,729
22,373,960
17,035,570
18,140,289
16,583,110
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
-926,092
12,779,285
-999,183
3,929,740
6,344,966
-1,284,660
1,151,764
20,183,235
Depreciation
2,097,481
1,844,356
1,076,939
1,194,571
925,500
990,720
1,044,452
Amortisation
Tax
Stock
45,315
124,743
-134,894
-33,612
5,899
-143,058
81,092
762,824
Debtors
-2,321,657
2,116,273
-1,842,237
133,880
2,443,223
-780,960
1,395,151
1,761,137
Creditors
214,938
-169,794
-153,697
-723,420
745,816
-675,925
759,651
848,936
Accruals and Deferred Income
774,637
-420,412
-418,250
971,300
-46,105
312,990
-329,154
1,594,933
Deferred Taxes & Provisions
Cash flow from operations
4,437,306
11,792,419
1,482,940
5,271,923
5,521,055
267,143
1,150,470
20,103,143
Investing Activities
capital expenditure
-737,215
-1,629,010
-284,189
Change in Investments
75,000
747,000
cash flow from investments
-75,000
-747,000
-737,215
-1,629,010
-284,189
Financing Activities
Bank loans
Group/Directors Accounts
5,081
-44,919
-495,056
-2,318,468
507,347
447,370
-2,178,116
4,105,760
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
952,054
3,618,824
821,129
-267,484
197,753
169,256
612,653
432,211
interest
cash flow from financing
957,135
3,573,905
326,073
-2,585,952
705,100
616,626
-1,565,463
4,537,971
cash and cash equivalents
cash
3,520,210
1,051,466
89,382
-257,958
132,655
17,386
-2,895,138
4,311,090
overdraft
change in cash
3,520,210
1,051,466
89,382
-257,958
132,655
17,386
-2,895,138
4,311,090
nmrn operations Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nmrn operations. Get real-time insights into nmrn operations's credit score, group structure and payment trends.
Perform a competitor analysis for nmrn operations by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in PO1 area or any other competitors across 12 key performance metrics.
nmrn operations Ownership
NMRN OPERATIONS group structure
Nmrn Operations has no subsidiary companies.
Ultimate parent company
NMRN OPERATIONS
09988314
NMRN OPERATIONS Shareholders
The sole shareholder of Nmrn Operations is -.
-
-
nmrn operations directors
Nmrn Operations currently has 7 directors.
The longest serving directors include
Mrs Jane Dean (Oct 2016) and
Mr Richard Hatfield (Oct 2016).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91030 - Operation of historical sites and buildings and similar visitor attractions
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICE BAILEY LLP
address
national museum of the royal nav, hm naval base (pp66), portsmouth, hampshire, PO1 3NH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
nmrn operations 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 1 charges/mortgages relating to nmrn operations. Currently there are 1 open charges and 0 have been satisfied in the past.
nmrn operations Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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nmrn operationsCompanies House Filings - See Documents
