nilus developments limited
nilus developments limited Company Information
Company Number
10265273
Next Accounts
1503 days late
Directors
Shareholders
high street commercial finance limited
Group Structure
View All
Industry
Development of building projects
Registered Address
6th floor stockbridge house, newcastle upon tyne, NE1 2HJ
Website
thehighstreetgroup.comnilus developments limited Estimated Valuation
Pomanda estimates the enterprise value of NILUS DEVELOPMENTS LIMITED at £2.9m based on a Turnover of £7m and 0.41x industry multiple (adjusted for size and gross margin).
nilus developments limited Estimated Valuation
Pomanda estimates the enterprise value of NILUS DEVELOPMENTS LIMITED at £1.2m based on an EBITDA of £367.9k and a 3.16x industry multiple (adjusted for size and gross margin).
nilus developments limited Estimated Valuation
Pomanda estimates the enterprise value of NILUS DEVELOPMENTS LIMITED at £445.4k based on Net Assets of £298.1k and 1.49x industry multiple (adjusted for liquidity).
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Nilus Developments Limited Overview
Nilus Developments Limited is a live company located in newcastle upon tyne, NE1 2HJ with a Companies House number of 10265273. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2016, it's largest shareholder is high street commercial finance limited with a 100% stake. Nilus Developments Limited is a young, mid sized company, Pomanda has estimated its turnover at £7m with unknown growth in recent years.
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Nilus Developments Limited Health Check
Pomanda's financial health check has awarded Nilus Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £7m, make it larger than the average company (£1.6m)
- Nilus Developments Limited
£1.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nilus Developments Limited
- - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (30.5%)
- Nilus Developments Limited
30.5% - Industry AVG
Profitability
an operating margin of 5.3% make it less profitable than the average company (12.6%)
- Nilus Developments Limited
12.6% - Industry AVG
Employees
with 10 employees, this is above the industry average (7)
- Nilus Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
- Nilus Developments Limited
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £700.7k, this is more efficient (£268.6k)
- Nilus Developments Limited
£268.6k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (28 days)
- Nilus Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (34 days)
- Nilus Developments Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is less than average (171 days)
- Nilus Developments Limited
171 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nilus Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.1%, this is a higher level of debt than the average (73.7%)
90.1% - Nilus Developments Limited
73.7% - Industry AVG
NILUS DEVELOPMENTS LIMITED financials
Nilus Developments Limited's latest turnover from December 2017 is estimated at £7 million and the company has net assets of £298.1 thousand. According to their latest financial statements, we estimate that Nilus Developments Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 376,159 |
| Trade Debtors | 2,628,359 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 3,004,518 |
| total assets | 3,004,518 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 798,768 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 1,907,653 |
| total current liabilities | 2,706,421 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 2,706,421 |
| net assets | 298,097 |
| total shareholders funds | 298,097 |
| Dec 2017 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 376,159 |
| Debtors | 2,628,359 |
| Creditors | 798,768 |
| Accruals and Deferred Income | 1,907,653 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
nilus developments limited Credit Report and Business Information
Nilus Developments Limited Competitor Analysis
Perform a competitor analysis for nilus developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in NE1 area or any other competitors across 12 key performance metrics.
nilus developments limited Ownership
NILUS DEVELOPMENTS LIMITED group structure
Nilus Developments Limited has no subsidiary companies.
Ultimate parent company
2 parents
NILUS DEVELOPMENTS LIMITED
10265273
nilus developments limited directors
Nilus Developments Limited currently has 1 director, Mr Gary Forrest serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Forrest | England | 56 years | Jul 2016 | - | Director |
P&L
December 2017turnover
7m
0%
operating profit
367.9k
0%
gross margin
11.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
298.1k
0%
total assets
3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
nilus developments limited company details
company number
10265273
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
-
address
6th floor stockbridge house, newcastle upon tyne, NE1 2HJ
Bank
-
Legal Advisor
-
nilus developments 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 1 charges/mortgages relating to nilus developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.
nilus developments 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 NILUS DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
nilus developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
