noble house projects limited

noble house projects limited Company Information

Share NOBLE HOUSE PROJECTS LIMITED
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Company Number

10024190

Industry

Buying and selling of own real estate

 

Shareholders

rgk properties limited

noble house properties limited

Group Structure

View All

Contact

Registered Address

55 baker street, london, W1U 7EU

noble house projects limited Estimated Valuation

£620.1k

Pomanda estimates the enterprise value of NOBLE HOUSE PROJECTS LIMITED at £620.1k based on a Turnover of £212.2k and 2.92x industry multiple (adjusted for size and gross margin).

noble house projects limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOBLE HOUSE PROJECTS LIMITED at £0 based on an EBITDA of £-267.4k and a 6.03x industry multiple (adjusted for size and gross margin).

noble house projects limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOBLE HOUSE PROJECTS LIMITED at £0 based on Net Assets of £-525.4k and 1.55x industry multiple (adjusted for liquidity).

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Noble House Projects Limited Overview

Noble House Projects Limited is a live company located in london, W1U 7EU with a Companies House number of 10024190. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2016, it's largest shareholder is rgk properties limited with a 50% stake. Noble House Projects Limited is a young, micro sized company, Pomanda has estimated its turnover at £212.2k with declining growth in recent years.

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Noble House Projects Limited Health Check

Pomanda's financial health check has awarded Noble House Projects Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £212.2k, make it smaller than the average company (£829.4k)

£212.2k - Noble House Projects Limited

£829.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (3.1%)

-12% - Noble House Projects Limited

3.1% - Industry AVG

production

Production

with a gross margin of 67.9%, this company has a comparable cost of product (67.9%)

67.9% - Noble House Projects Limited

67.9% - Industry AVG

profitability

Profitability

an operating margin of -126% make it less profitable than the average company (25%)

-126% - Noble House Projects Limited

25% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Noble House Projects Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)

£37.3k - Noble House Projects Limited

£37.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.1k, this is less efficient (£190k)

£106.1k - Noble House Projects Limited

£190k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (25 days)

1 days - Noble House Projects Limited

25 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Noble House Projects Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9658 days, this is more than average (399 days)

9658 days - Noble House Projects Limited

399 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)

0 weeks - Noble House Projects Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 127.4%, this is a higher level of debt than the average (63.7%)

127.4% - Noble House Projects Limited

63.7% - Industry AVG

NOBLE HOUSE PROJECTS LIMITED financials

EXPORTms excel logo

Noble House Projects Limited's latest turnover from January 2024 is estimated at £212.2 thousand and the company has net assets of -£525.4 thousand. According to their latest financial statements, Noble House Projects Limited has 2 employees and maintains cash reserves of £22.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017
Turnover212,200296,057501,574310,741392,746306,41600
Other Income Or Grants00000000
Cost Of Sales68,02492,484163,51893,623121,53695,29800
Gross Profit144,177203,573338,056217,118271,210211,11700
Admin Expenses411,579363,217-283,257-48,62116,61747,3332,3400
Operating Profit-267,402-159,644621,313265,739254,593163,784-2,3400
Interest Payable269,698188,578170,595270,822258,022169,36400
Interest Receivable4,4825,6312789470618000
Pre-Tax Profit-532,617-342,591450,995-4,989-2,723-5,400-2,3400
Tax00-85,68900000
Profit After Tax-532,617-342,591365,306-4,989-2,723-5,400-2,3400
Dividends Paid00000000
Retained Profit-532,617-342,591365,306-4,989-2,723-5,400-2,3400
Employee Costs74,54772,32072,80570,60880,75777,68369,4280
Number Of Employees22222221
EBITDA*-267,402-159,644621,313265,739254,593163,784-2,3400

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017
Tangible Assets00000000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets00000000
Stock & work in progress1,800,0002,316,0675,381,1597,036,4154,885,8712,569,4862,357,7310
Trade Debtors681003,4330000
Group Debtors00000000
Misc Debtors95,1942,25216,10738,5633,74614,16850,2711
Cash22,690148,063173,69948,480140,19047,97600
misc current assets00000000
total current assets1,918,5652,466,3825,570,9657,126,8915,029,8072,631,6302,408,0021
total assets1,918,5652,466,3825,570,9657,126,8915,029,8072,631,6302,408,0021
Bank overdraft00000000
Bank loan00000000
Trade Creditors 04,08823,21129,6902,93124,87700
Group/Directors Accounts003,493,5723,265,6700000
other short term finances1,179,0921,095,532002,148,5321,380,0001,195,0000
hp & lease commitments00000000
other current liabilities4,82599,49789,8022,4502,4504,2902,3400
total current liabilities1,183,9171,199,1173,606,5853,297,8102,153,9131,409,1671,197,3400
loans1,260,0001,260,0001,614,5243,844,5312,886,3551,230,2011,213,0000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities1,260,0001,260,0001,614,5243,844,5312,886,3551,230,2011,213,0000
total liabilities2,443,9172,459,1175,221,1097,142,3415,040,2682,639,3682,410,3400
net assets-525,3527,265349,856-15,450-10,461-7,738-2,3381
total shareholders funds-525,3527,265349,856-15,450-10,461-7,738-2,3381
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017
Operating Activities
Operating Profit-267,402-159,644621,313265,739254,593163,784-2,3400
Depreciation00000000
Amortisation00000000
Tax00-85,68900000
Stock-516,067-3,065,092-1,655,2562,150,5442,316,385211,7552,357,7310
Debtors93,623-13,855-25,88938,250-10,422-36,10350,2701
Creditors-4,088-19,123-6,47926,759-21,94624,87700
Accruals and Deferred Income-94,6729,69587,3520-1,8401,9502,3400
Deferred Taxes & Provisions00000000
Cash flow from operations56,2822,909,8752,297,642-1,896,296-2,075,15614,959-2,408,001-1
Investing Activities
capital expenditure00000000
Change in Investments00000000
cash flow from investments00000000
Financing Activities
Bank loans00000000
Group/Directors Accounts0-3,493,572227,9023,265,6700000
Other Short Term Loans 83,5601,095,5320-2,148,532768,532185,0001,195,0000
Long term loans0-354,524-2,230,007958,1761,656,15417,2011,213,0000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000011
interest-265,216-182,947-170,317-270,728-257,316-169,18400
cash flow from financing-181,656-2,935,511-2,172,4221,804,5862,167,37033,0172,408,0011
cash and cash equivalents
cash-125,373-25,636125,219-91,71092,21447,97600
overdraft00000000
change in cash-125,373-25,636125,219-91,71092,21447,97600

noble house projects limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Noble House Projects Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for noble house projects limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1U area or any other competitors across 12 key performance metrics.

noble house projects limited Ownership

NOBLE HOUSE PROJECTS LIMITED group structure

Noble House Projects Limited has no subsidiary companies.

Ultimate parent company

NOBLE HOUSE PROJECTS LIMITED

10024190

NOBLE HOUSE PROJECTS LIMITED Shareholders

rgk properties limited 50%
noble house properties limited 50%

noble house projects limited directors

Noble House Projects Limited currently has 2 directors. The longest serving directors include Mr Frank Montanaro (Feb 2016) and Mr Russell Kilikita (Dec 2017).

officercountryagestartendrole
Mr Frank MontanaroUnited Kingdom61 years Feb 2016- Director
Mr Russell Kilikita64 years Dec 2017- Director

P&L

January 2024

turnover

212.2k

-28%

operating profit

-267.4k

0%

gross margin

68%

-1.19%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

-525.4k

-73.31%

total assets

1.9m

-0.22%

cash

22.7k

-0.85%

net assets

Total assets minus all liabilities

noble house projects limited company details

company number

10024190

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

55 baker street, london, W1U 7EU

Bank

-

Legal Advisor

-

noble house projects 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 6 charges/mortgages relating to noble house projects limited. Currently there are 6 open charges and 0 have been satisfied in the past.

noble house projects 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.

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noble house projects limited Companies House Filings - See Documents

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