next big thing finance limited

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next big thing finance limited Company Information

Share NEXT BIG THING FINANCE LIMITED

Company Number

10140252

Shareholders

p v wild holdings uk ltd

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

office 1, the chimney building, clock tower park, longmoor lane, liverpool, L10 1LD

Website

-

next big thing finance limited Estimated Valuation

£192.5k

Pomanda estimates the enterprise value of NEXT BIG THING FINANCE LIMITED at £192.5k based on a Turnover of £343.2k and 0.56x industry multiple (adjusted for size and gross margin).

next big thing finance limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of NEXT BIG THING FINANCE LIMITED at £1.6m based on an EBITDA of £399.8k and a 4.04x industry multiple (adjusted for size and gross margin).

next big thing finance limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of NEXT BIG THING FINANCE LIMITED at £2.4m based on Net Assets of £1m and 2.3x industry multiple (adjusted for liquidity).

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Next Big Thing Finance Limited Overview

Next Big Thing Finance Limited is a live company located in longmoor lane, L10 1LD with a Companies House number of 10140252. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2016, it's largest shareholder is p v wild holdings uk ltd with a 100% stake. Next Big Thing Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £343.2k with healthy growth in recent years.

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Next Big Thing Finance Limited Health Check

Pomanda's financial health check has awarded Next Big Thing Finance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £343.2k, make it smaller than the average company (£4.8m)

£343.2k - Next Big Thing Finance Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.7%)

6% - Next Big Thing Finance Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Next Big Thing Finance Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 116.5% make it more profitable than the average company (5.7%)

116.5% - Next Big Thing Finance Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (27)

2 - Next Big Thing Finance Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Next Big Thing Finance Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.6k, this is equally as efficient (£171.6k)

£171.6k - Next Big Thing Finance Limited

£171.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Next Big Thing Finance Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Next Big Thing Finance Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Next Big Thing Finance Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (22 weeks)

81 weeks - Next Big Thing Finance Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.1%, this is a lower level of debt than the average (62.4%)

44.1% - Next Big Thing Finance Limited

62.4% - Industry AVG

NEXT BIG THING FINANCE LIMITED financials

EXPORTms excel logo

Next Big Thing Finance Limited's latest turnover from December 2023 is estimated at £343.2 thousand and the company has net assets of £1 million. According to their latest financial statements, Next Big Thing Finance Limited has 2 employees and maintains cash reserves of £44.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Apr 2017
Turnover343,187324,429292,750290,278301,884295,8135,191,7620
Other Income Or Grants00000000
Cost Of Sales212,205200,126183,341182,849188,863185,9933,242,4310
Gross Profit130,982124,303109,409107,428113,022109,8191,949,3310
Admin Expenses-268,831-96,799-122,886-122,79824,387-11,7311,952,4400
Operating Profit399,813221,102232,295230,22688,635121,550-3,1090
Interest Payable00000000
Interest Receivable5,7613,756505134122160
Pre-Tax Profit405,573224,858232,344230,23188,769121,672-3,0930
Tax-101,393-42,723-44,145-43,744-16,866-23,11800
Profit After Tax304,180182,135188,199186,48771,90398,554-3,0930
Dividends Paid00000000
Retained Profit304,180182,135188,199186,48771,90398,554-3,0930
Employee Costs107,907102,69997,71992,84991,92588,5561,552,0140
Number Of Employees222222370
EBITDA*399,813221,102232,295230,22688,635121,550-3,1090

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Apr 2017
Tangible Assets00000000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets00000000
Stock & work in progress00000000
Trade Debtors000000607,2960
Group Debtors1001001001000100100100
Misc Debtors1,795,9572,147,5242,459,0462,642,46902,442,3731,355,0140
Cash44,737174,72239,89109,66926,0816,4360
misc current assets00000000
total current assets1,840,7942,322,3462,499,0372,642,5693,543,6092,468,5541,968,846100
total assets1,840,7942,322,3462,499,0372,642,5693,543,6092,468,5541,968,846100
Bank overdraft00000000
Bank loan00000000
Trade Creditors 000000847,1150
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities28,41814,30317,74517,29902,372,9931,124,7240
total current liabilities28,41814,30317,74517,29953,9162,372,9931,971,8390
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities783,9111,583,7581,939,1422,271,3190000
provisions00000000
total long term liabilities783,9111,583,7581,939,1422,271,3193,322,229000
total liabilities812,3291,598,0611,956,8872,288,6183,376,1452,372,9931,971,8390
net assets1,028,465724,285542,150353,951167,46495,561-2,993100
total shareholders funds1,028,465724,285542,150353,951167,46495,561-2,993100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Apr 2017
Operating Activities
Operating Profit399,813221,102232,295230,22688,635121,550-3,1090
Depreciation00000000
Amortisation00000000
Tax-101,393-42,723-44,145-43,744-16,866-23,11800
Stock00000000
Debtors-351,567-311,522-183,4232,642,569-2,442,473480,0631,962,410100
Creditors00000-847,115847,1150
Accruals and Deferred Income14,115-3,44244617,299-2,372,9931,248,2691,124,7240
Deferred Taxes & Provisions00000000
Cash flow from operations664,102486,459372,019-2,438,788141,24919,5236,320-100
Investing Activities
capital expenditure00000000
Change in Investments00000000
cash flow from investments00000000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities-799,847-355,384-332,1772,271,3190000
share issue000000100100
interest5,7613,756505134122160
cash flow from financing-794,086-351,628-332,1272,271,324134122116100
cash and cash equivalents
cash-129,985134,83139,891-9,669-16,41219,6456,4360
overdraft00000000
change in cash-129,985134,83139,891-9,669-16,41219,6456,4360

next big thing finance 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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Next Big Thing Finance Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for next big thing finance limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in L10 area or any other competitors across 12 key performance metrics.

next big thing finance limited Ownership

NEXT BIG THING FINANCE LIMITED group structure

Next Big Thing Finance Limited has no subsidiary companies.

Ultimate parent company

1 parent

NEXT BIG THING FINANCE LIMITED

10140252

NEXT BIG THING FINANCE LIMITED Shareholders

p v wild holdings uk ltd 100%

next big thing finance limited directors

Next Big Thing Finance Limited currently has 2 directors. The longest serving directors include Mrs Valerie Wild (Apr 2016) and Mr Peter Wild (Apr 2016).

officercountryagestartendrole
Mrs Valerie WildEngland58 years Apr 2016- Director
Mr Peter WildEngland57 years Apr 2016- Director

P&L

December 2023

turnover

343.2k

+6%

operating profit

399.8k

0%

gross margin

38.2%

-0.39%

turnover

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

Balance Sheet

December 2023

net assets

1m

+0.42%

total assets

1.8m

-0.21%

cash

44.7k

-0.74%

net assets

Total assets minus all liabilities

next big thing finance limited company details

company number

10140252

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

LBW CHARTERED ACCOUNTANTS

auditor

-

address

office 1, the chimney building, clock tower park, longmoor lane, liverpool, L10 1LD

Bank

-

Legal Advisor

-

next big thing finance 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 did not find charges/mortgages relating to next big thing finance limited.

next big thing finance 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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next big thing finance limited Companies House Filings - See Documents

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