nameco (no. 1296) limited

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nameco (no. 1296) limited Company Information

Share NAMECO (NO. 1296) LIMITED

Company Number

10225873

Shareholders

scalby holdings limited

Group Structure

View All

Industry

Non-life insurance

 +3

Registered Address

5th floor 70 gracechurch street, london, EC3V 0XL

Website

-

nameco (no. 1296) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NAMECO (NO. 1296) LIMITED at £0 based on a Turnover of £5.9m and 0x industry multiple (adjusted for size and gross margin).

nameco (no. 1296) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NAMECO (NO. 1296) LIMITED at £0 based on an EBITDA of £2.3m and a 0x industry multiple (adjusted for size and gross margin).

nameco (no. 1296) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of NAMECO (NO. 1296) LIMITED at £1.5m based on Net Assets of £847.7k and 1.71x industry multiple (adjusted for liquidity).

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Nameco (no. 1296) Limited Overview

Nameco (no. 1296) Limited is a live company located in london, EC3V 0XL with a Companies House number of 10225873. It operates in the life insurance sector, SIC Code 65110. Founded in June 2016, it's largest shareholder is scalby holdings limited with a 100% stake. Nameco (no. 1296) Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.9m with healthy growth in recent years.

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Nameco (no. 1296) Limited Health Check

Pomanda's financial health check has awarded Nameco (No. 1296) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £5.9m, make it larger than the average company (£1.4m)

£5.9m - Nameco (no. 1296) Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.6%)

12% - Nameco (no. 1296) Limited

9.6% - Industry AVG

production

Production

with a gross margin of 99.9%, this company has a comparable cost of product (99.9%)

99.9% - Nameco (no. 1296) Limited

99.9% - Industry AVG

profitability

Profitability

an operating margin of 39.4% make it more profitable than the average company (13.7%)

39.4% - Nameco (no. 1296) Limited

13.7% - Industry AVG

employees

Employees

with 39 employees, this is above the industry average (16)

39 - Nameco (no. 1296) Limited

16 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1296) Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £151.5k, this is equally as efficient (£162.3k)

£151.5k - Nameco (no. 1296) Limited

£162.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 206 days, this is near the average (199 days)

206 days - Nameco (no. 1296) Limited

199 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 112505 days, this is slower than average (254 days)

112505 days - Nameco (no. 1296) Limited

254 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nameco (no. 1296) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (15 weeks)

15 weeks - Nameco (no. 1296) Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.7%, this is a higher level of debt than the average (85.3%)

95.7% - Nameco (no. 1296) Limited

85.3% - Industry AVG

NAMECO (NO. 1296) LIMITED financials

EXPORTms excel logo

Nameco (No. 1296) Limited's latest turnover from December 2023 is £5.9 million and the company has net assets of £847.7 thousand. According to their latest financial statements, we estimate that Nameco (No. 1296) Limited has 39 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover5,907,8445,625,3754,745,0004,242,2453,674,9003,373,6151,860,7650
Other Income Or Grants00000000
Cost Of Sales4,8431,134,516974,343865,709654,417652,979401,8890
Gross Profit5,903,0014,490,8593,770,6573,376,5363,020,4832,720,6361,458,8760
Admin Expenses3,578,5174,222,7183,211,7093,505,6722,817,4243,358,6182,189,2113,985
Operating Profit2,324,484268,141558,948-129,136203,059-637,982-730,335-3,985
Interest Payable207,659151,4011381,2453,1172,2833790
Interest Receivable53,07231,3661,5362931,4308752511
Pre-Tax Profit2,172,983153,293437,935-252,292189,912-770,451-880,027-3,980
Tax-545,560-33,32815,945122,204-26,801131,061149,564-4
Profit After Tax1,627,423119,965453,880-130,088163,111-639,390-730,463-3,984
Dividends Paid00000000
Retained Profit1,627,423119,965453,880-130,088163,111-639,390-730,463-3,984
Employee Costs00000000
Number Of Employees393324222321101
EBITDA*2,324,484268,141558,948-129,136203,059-637,982-730,335-3,985

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets14,645,15014,964,90711,392,7009,053,5837,709,1582,613,7812,519,6750
Intangible Assets09079,685322,534718,9571,130,1131,508,8511,691,852
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets14,645,15014,965,81411,402,3859,376,1178,428,1153,743,8944,028,5261,691,852
Stock & work in progress00000000
Trade Debtors3,347,4853,553,8762,916,0522,686,4712,396,1162,220,9451,856,6940
Group Debtors00000000
Misc Debtors00000000
Cash1,119,671902,137890,188338,303247,499133,77299,550651
misc current assets66,85348,01927,31429,81829,72123,79013,7650
total current assets5,200,7265,545,2944,830,4146,384,8316,187,2004,058,4743,140,092170,079
total assets19,845,87620,511,10816,232,79915,760,94814,615,3157,802,3687,168,6181,861,931
Bank overdraft00000000
Bank loan00000000
Trade Creditors 1,492,7551,669,5381,281,8321,277,0931,055,458957,320573,7480
Group/Directors Accounts00000000
other short term finances504,3273,187,39704,42836,39555,97311,6590
hp & lease commitments00000000
other current liabilities00000000
total current liabilities3,797,9175,334,6785,059,0516,010,0826,037,7814,898,6113,861,9161,865,815
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities15,200,29615,941,54512,047,65511,082,0679,789,6016,182,2914,028,0330
total liabilities18,998,21321,276,22317,106,70617,092,14915,827,38211,080,9027,889,9491,865,815
net assets847,663-765,115-873,907-1,331,201-1,212,067-3,278,534-721,331-3,884
total shareholders funds847,663-765,115-873,907-1,331,201-1,212,067-1,397,084-721,331-3,884
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit2,324,484268,141558,948-129,136203,059-637,982-730,335-3,985
Depreciation00000000
Amortisation00000000
Tax-545,560-33,32815,945122,204-26,801131,061149,564-4
Stock00000000
Debtors-206,391637,824229,581290,355175,171364,2511,856,6940
Creditors-176,783387,7064,739221,63598,138383,572573,7480
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations1,808,532-15,305350,051-75,65299,225-487,600-1,863,717-3,989
Investing Activities
capital expenditure320,664-3,563,429-2,026,268-948,002-4,684,221284,632-2,336,674-1,691,852
Change in Investments00000000
cash flow from investments320,664-3,563,429-2,026,268-948,002-4,684,221284,632-2,336,674-1,691,852
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans -2,683,0703,187,397-4,428-31,967-19,57844,31411,6590
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue-14,645-11,1733,41410,95421,906-36,36313,016100
interest-154,587-120,0351,398-952-1,687-1,408-1281
cash flow from financing-2,852,3023,056,189384-21,9656416,54324,547101
cash and cash equivalents
cash217,53411,949551,88590,804113,72734,22298,899651
overdraft00000000
change in cash217,53411,949551,88590,804113,72734,22298,899651

nameco (no. 1296) 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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Nameco (no. 1296) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nameco (no. 1296) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3V area or any other competitors across 12 key performance metrics.

nameco (no. 1296) limited Ownership

NAMECO (NO. 1296) LIMITED group structure

Nameco (No. 1296) Limited has no subsidiary companies.

Ultimate parent company

1 parent

NAMECO (NO. 1296) LIMITED

10225873

NAMECO (NO. 1296) LIMITED Shareholders

scalby holdings limited 100%

nameco (no. 1296) limited directors

Nameco (No. 1296) Limited currently has 4 directors. The longest serving directors include Miss Kathryn Outhart (Jan 2017) and Mr Anthony Outhart (Jan 2017).

officercountryagestartendrole
Miss Kathryn OuthartEngland27 years Jan 2017- Director
Mr Anthony OuthartEngland61 years Jan 2017- Director
Ms Megan OuthartEngland25 years Nov 2017- Director
Mr James OuthartEngland20 years Dec 2024- Director

P&L

December 2023

turnover

5.9m

+5%

operating profit

2.3m

0%

gross margin

100%

+25.16%

turnover

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

Balance Sheet

December 2023

net assets

847.7k

-2.11%

total assets

19.8m

-0.03%

cash

1.1m

+0.24%

net assets

Total assets minus all liabilities

nameco (no. 1296) limited company details

company number

10225873

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

65201 - Life reinsurance

65110 - Life insurance

incorporation date

June 2016

age

9

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PKF LITTLEJOHN LLP

address

5th floor 70 gracechurch street, london, EC3V 0XL

Bank

-

Legal Advisor

-

nameco (no. 1296) 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 nameco (no. 1296) limited.

nameco (no. 1296) 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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nameco (no. 1296) limited Companies House Filings - See Documents

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