norwood group limited
norwood group limited Company Information
Company Number
10023208
Next Accounts
Jan 2026
Shareholders
building engineering solutions limited
Group Structure
View All
Industry
Other construction installation
Registered Address
abel smith house, gunnels wood road, stevenage, SG1 2ST
Website
www.norwood.co.uknorwood group limited Estimated Valuation
Pomanda estimates the enterprise value of NORWOOD GROUP LIMITED at £3.5m based on a Turnover of £7.1m and 0.5x industry multiple (adjusted for size and gross margin).
norwood group limited Estimated Valuation
Pomanda estimates the enterprise value of NORWOOD GROUP LIMITED at £3.5m based on an EBITDA of £740.2k and a 4.71x industry multiple (adjusted for size and gross margin).
norwood group limited Estimated Valuation
Pomanda estimates the enterprise value of NORWOOD GROUP LIMITED at £6.5m based on Net Assets of £2.1m and 3.06x industry multiple (adjusted for liquidity).
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Norwood Group Limited Overview
Norwood Group Limited is a live company located in stevenage, SG1 2ST with a Companies House number of 10023208. It operates in the other construction installation sector, SIC Code 43290. Founded in February 2016, it's largest shareholder is building engineering solutions limited with a 100% stake. Norwood Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.1m with high growth in recent years.
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Norwood Group Limited Health Check
Pomanda's financial health check has awarded Norwood Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £7.1m, make it larger than the average company (£900.5k)
- Norwood Group Limited
£900.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (12.6%)
- Norwood Group Limited
12.6% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Norwood Group Limited
27.9% - Industry AVG
Profitability
an operating margin of 8.3% make it more profitable than the average company (5.9%)
- Norwood Group Limited
5.9% - Industry AVG
Employees
with 25 employees, this is above the industry average (8)
25 - Norwood Group Limited
8 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
- Norwood Group Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £285k, this is more efficient (£175.1k)
- Norwood Group Limited
£175.1k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (54 days)
- Norwood Group Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (38 days)
- Norwood Group Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (17 days)
- Norwood Group Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (25 weeks)
1 weeks - Norwood Group Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.6%, this is a lower level of debt than the average (61.6%)
46.6% - Norwood Group Limited
61.6% - Industry AVG
NORWOOD GROUP LIMITED financials
Norwood Group Limited's latest turnover from April 2024 is estimated at £7.1 million and the company has net assets of £2.1 million. According to their latest financial statements, Norwood Group Limited has 25 employees and maintains cash reserves of £43.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 25 | 23 | 23 | 21 | 21 | 17 | 11 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 563,578 | 695,084 | 253,965 | 258,076 | 168,824 | 171,880 | 197,586 | 217,350 |
| Intangible Assets | 277 | 427 | 577 | 727 | 877 | 1,027 | 1,177 | 1,277 |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 563,855 | 695,511 | 254,542 | 258,803 | 169,701 | 172,907 | 198,763 | 218,627 |
| Stock & work in progress | 115,683 | 120,118 | 111,923 | 70,690 | 42,544 | 36,905 | 5,251 | 19,973 |
| Trade Debtors | 1,393,107 | 1,191,371 | 1,132,541 | 839,742 | 307,401 | 205,540 | 186,175 | 76,277 |
| Group Debtors | 238,523 | 87,544 | ||||||
| Misc Debtors | 1,894,457 | 1,251,665 | 778,651 | 222,140 | 137,237 | 194,050 | 123,043 | 53,529 |
| Cash | 43,763 | 106,337 | 49,845 | 132,491 | 38,179 | 14,980 | 33,533 | 81,656 |
| misc current assets | ||||||||
| total current assets | 3,447,010 | 2,669,491 | 2,072,960 | 1,265,063 | 525,361 | 689,998 | 435,546 | 231,435 |
| total assets | 4,010,865 | 3,365,002 | 2,327,502 | 1,523,866 | 695,062 | 862,905 | 634,309 | 450,062 |
| Bank overdraft | 144,986 | |||||||
| Bank loan | 10,000 | 10,000 | 11,096 | 9,885 | ||||
| Trade Creditors | 1,226,188 | 1,022,532 | 524,341 | 483,972 | 140,896 | 236,616 | 146,618 | 129,719 |
| Group/Directors Accounts | 45,000 | 45,000 | 82,500 | 132,500 | 217,662 | 145,000 | 245,000 | 34,291 |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 387,648 | 292,918 | 603,573 | 381,581 | 348,176 | 457,019 | 350,415 | 254,679 |
| total current liabilities | 1,668,836 | 1,370,450 | 1,221,510 | 1,007,938 | 706,734 | 838,635 | 742,033 | 563,675 |
| loans | 10,833 | 21,734 | 30,833 | 40,833 | 196,553 | 229,178 | ||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 95,528 | 152,851 | 78,667 | 95,049 | 51,980 | 135,427 | ||
| provisions | 95,658 | 126,062 | 54,957 | 37,712 | ||||
| total long term liabilities | 202,019 | 300,647 | 164,457 | 173,594 | 51,980 | 135,427 | 196,553 | 229,178 |
| total liabilities | 1,870,855 | 1,671,097 | 1,385,967 | 1,181,532 | 758,714 | 974,062 | 938,586 | 792,853 |
| net assets | 2,140,010 | 1,693,905 | 941,535 | 342,334 | -63,652 | -111,157 | -304,277 | -342,791 |
| total shareholders funds | 2,140,010 | 1,693,905 | 941,535 | 342,334 | -63,652 | -111,157 | -304,277 | -342,791 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 146,269 | 76,157 | 47,346 | 35,409 | 31,023 | 30,304 | 22,045 | 54,915 |
| Amortisation | 150 | 150 | 150 | 150 | 100 | 225 | ||
| Tax | ||||||||
| Stock | -4,435 | 8,195 | 41,233 | 28,146 | 5,639 | 31,654 | -14,722 | 19,973 |
| Debtors | 844,528 | 531,844 | 849,310 | 617,244 | -193,475 | 241,351 | 266,956 | 129,806 |
| Creditors | 203,656 | 498,191 | 40,369 | 343,076 | -95,720 | 89,998 | 16,899 | 129,719 |
| Accruals and Deferred Income | 94,730 | -310,655 | 221,992 | 33,405 | -108,843 | 106,604 | 95,736 | 254,679 |
| Deferred Taxes & Provisions | -30,404 | 71,105 | 17,245 | 37,712 | ||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -1,096 | 1,211 | 9,885 | |||||
| Group/Directors Accounts | -37,500 | -50,000 | -85,162 | 72,662 | -100,000 | 210,709 | 34,291 | |
| Other Short Term Loans | ||||||||
| Long term loans | -10,901 | -9,099 | -10,000 | 40,833 | -196,553 | -32,625 | 229,178 | |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -57,323 | 74,184 | -16,382 | 43,069 | -83,447 | 135,427 | ||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -62,574 | 56,492 | -82,646 | 94,312 | 23,199 | -18,553 | -48,123 | 81,656 |
| overdraft | -144,986 | 144,986 | ||||||
| change in cash | -62,574 | 56,492 | -82,646 | 94,312 | 23,199 | -18,553 | 96,863 | -63,330 |
norwood group limited Credit Report and Business Information
Norwood Group Limited Competitor Analysis
Perform a competitor analysis for norwood group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SG1 area or any other competitors across 12 key performance metrics.
norwood group limited Ownership
NORWOOD GROUP LIMITED group structure
Norwood Group Limited has no subsidiary companies.
Ultimate parent company
2 parents
NORWOOD GROUP LIMITED
10023208
norwood group limited directors
Norwood Group Limited currently has 7 directors. The longest serving directors include Mr Joshua Bannister (Feb 2016) and Mr Philip Green (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joshua Bannister | England | 35 years | Feb 2016 | - | Director |
| Mr Philip Green | England | 50 years | Oct 2024 | - | Director |
| Mr Robin Whitehead | England | 53 years | Oct 2024 | - | Director |
| Mr Stephen Paterson | England | 35 years | Oct 2024 | - | Director |
| Mr Christian Keen | England | 61 years | Oct 2024 | - | Director |
| Mr Iain Sutherland | Scotland | 53 years | Oct 2024 | - | Director |
| Mr Jahan Ahmed | England | 53 years | Nov 2024 | - | Director |
P&L
April 2024turnover
7.1m
+25%
operating profit
593.8k
0%
gross margin
28%
+2.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.1m
+0.26%
total assets
4m
+0.19%
cash
43.8k
-0.59%
net assets
Total assets minus all liabilities
norwood group limited company details
company number
10023208
Type
Private limited with Share Capital
industry
43290 - Other construction installation
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
abel smith house, gunnels wood road, stevenage, SG1 2ST
Bank
-
Legal Advisor
-
norwood group 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 4 charges/mortgages relating to norwood group limited. Currently there are 1 open charges and 3 have been satisfied in the past.
norwood group limited 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.
Click to start generating capital raising & share issue transactions for NORWOOD GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
norwood group limited Companies House Filings - See Documents
| date | description | view/download |
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