nbre management europe limited
nbre management europe limited Company Information
Company Number
10306087
Website
-Registered Address
queensberry house, 3 old burlington street, london, W1S 3AE
Industry
Management of real estate on a fee or contract basis
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
norges bank 100%
nbre management europe limited Estimated Valuation
Pomanda estimates the enterprise value of NBRE MANAGEMENT EUROPE LIMITED at £27.2m based on a Turnover of £10.3m and 2.65x industry multiple (adjusted for size and gross margin).
nbre management europe limited Estimated Valuation
Pomanda estimates the enterprise value of NBRE MANAGEMENT EUROPE LIMITED at £24.8m based on an EBITDA of £2.7m and a 9.27x industry multiple (adjusted for size and gross margin).
nbre management europe limited Estimated Valuation
Pomanda estimates the enterprise value of NBRE MANAGEMENT EUROPE LIMITED at £12.7m based on Net Assets of £7.9m and 1.62x industry multiple (adjusted for liquidity).
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Nbre Management Europe Limited Overview
Nbre Management Europe Limited is a live company located in london, W1S 3AE with a Companies House number of 10306087. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 2016, it's largest shareholder is norges bank with a 100% stake. Nbre Management Europe Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.3m with high growth in recent years.
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Nbre Management Europe Limited Health Check
Pomanda's financial health check has awarded Nbre Management Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
1 Weak
Size
annual sales of £10.3m, make it larger than the average company (£1.2m)
£10.3m - Nbre Management Europe Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.1%)
25% - Nbre Management Europe Limited
5.1% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
44.5% - Nbre Management Europe Limited
44.5% - Industry AVG
Profitability
an operating margin of 25.9% make it more profitable than the average company (7.6%)
25.9% - Nbre Management Europe Limited
7.6% - Industry AVG
Employees
with 18 employees, this is above the industry average (11)
18 - Nbre Management Europe Limited
11 - Industry AVG
Pay Structure
on an average salary of £203.3k, the company has a higher pay structure (£45.4k)
£203.3k - Nbre Management Europe Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £571.7k, this is more efficient (£116.3k)
£571.7k - Nbre Management Europe Limited
£116.3k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (34 days)
7 days - Nbre Management Europe Limited
34 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nbre Management Europe Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nbre Management Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 173 weeks, this is more cash available to meet short term requirements (20 weeks)
173 weeks - Nbre Management Europe Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.8%, this is a lower level of debt than the average (81%)
46.8% - Nbre Management Europe Limited
81% - Industry AVG
NBRE MANAGEMENT EUROPE LIMITED financials
Nbre Management Europe Limited's latest turnover from December 2023 is £10.3 million and the company has net assets of £7.9 million. According to their latest financial statements, Nbre Management Europe Limited has 18 employees and maintains cash reserves of £9.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 10,289,820 | 9,940,437 | 7,879,376 | 5,265,623 | 5,525,027 | 3,488,218 | 2,868,405 | 200,827 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | 2,666,065 | 3,508,364 | 2,853,317 | 363,132 | 1,824,212 | 634,005 | 1,401,645 | 6,581 |
| Interest Payable | 141,352 | 0 | 32,935 | 23,324 | 13,630 | 1,837 | 0 | 0 |
| Interest Receivable | 515,970 | 1,976 | 0 | 0 | 0 | 0 | 133 | 0 |
| Pre-Tax Profit | 2,926,768 | 3,712,381 | 2,621,653 | 434,552 | 1,680,610 | 629,485 | 1,424,724 | 6,581 |
| Tax | -786,757 | -815,651 | -683,886 | -281,849 | -452,798 | -399,614 | -287,463 | -1,316 |
| Profit After Tax | 2,140,011 | 2,896,730 | 1,937,767 | 152,703 | 1,227,812 | 229,871 | 1,137,261 | 5,265 |
| Dividends Paid | 0 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,140,011 | 896,730 | 1,937,767 | 152,703 | 1,227,812 | 229,871 | 1,137,261 | 5,265 |
| Employee Costs | 3,660,084 | 3,349,256 | 2,609,257 | 2,651,581 | 1,980,508 | |||
| Number Of Employees | 18 | 16 | 13 | 11 | ||||
| EBITDA* | 2,672,975 | 3,508,364 | 2,853,317 | 363,132 | 1,824,212 | 634,005 | 1,401,645 | 6,581 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,739,303 | 0 | 0 | 0 | 0 | 102,046 | 0 | 0 |
| Intangible Assets | 2,127,267 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,913,320 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 188,135 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,866,570 | 0 | 0 | 0 | 0 | 102,046 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 211,303 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 112,889 | 99,057 | 334,296 | 0 | 0 | 51,157 | 1,307,976 | 180,625 |
| Misc Debtors | 184,338 | 260,847 | 242,618 | 269,013 | 156,824 | 67,773 | 49,095 | 0 |
| Cash | 9,297,907 | 8,053,242 | 6,395,531 | 4,216,959 | 3,854,777 | 2,593,776 | 877,320 | 43,166 |
| misc current assets | 121,203 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,927,640 | 8,413,146 | 6,972,445 | 4,485,972 | 4,011,601 | 2,712,706 | 2,234,391 | 223,791 |
| total assets | 14,794,210 | 8,413,146 | 6,972,445 | 4,485,972 | 4,011,601 | 2,814,752 | 2,234,391 | 223,791 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 8,437 | 45,194 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 146,852 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,638,504 | 2,688,963 | 2,144,992 | 1,596,287 | 1,274,618 | 1,297,144 | 879,675 | 183,401 |
| total current liabilities | 2,785,356 | 2,688,963 | 2,144,992 | 1,596,287 | 1,274,618 | 1,305,581 | 924,869 | 183,401 |
| loans | 8,131,612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,065,806 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,125 |
| other liabilities | 78,854 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 60,444 | 0 |
| total long term liabilities | 4,144,660 | 0 | 0 | 0 | 0 | 0 | 30,222 | 25,125 |
| total liabilities | 6,930,016 | 2,688,963 | 2,144,992 | 1,596,287 | 1,274,618 | 1,305,581 | 955,091 | 208,526 |
| net assets | 7,864,194 | 5,724,183 | 4,827,453 | 2,889,685 | 2,736,983 | 1,509,171 | 1,279,300 | 15,265 |
| total shareholders funds | 7,864,194 | 5,724,183 | 4,827,453 | 2,889,685 | 2,736,983 | 1,509,171 | 1,279,300 | 15,265 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 2,666,065 | 3,508,364 | 2,853,317 | 363,132 | 1,824,212 | 634,005 | 1,401,645 | 6,581 |
| Depreciation | 6,910 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -786,757 | -815,651 | -683,886 | -281,849 | -452,798 | -399,614 | -287,463 | -1,316 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 336,761 | -217,010 | 307,901 | 112,189 | 37,894 | -1,238,141 | 1,176,446 | 180,625 |
| Creditors | 0 | 0 | 0 | 0 | -8,437 | -36,757 | 45,194 | 0 |
| Accruals and Deferred Income | -50,459 | 543,971 | 548,705 | 321,669 | -22,526 | 417,469 | 671,149 | 208,526 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -60,444 | 60,444 | 0 |
| Cash flow from operations | 1,498,998 | 3,453,694 | 2,410,235 | 290,763 | 1,302,557 | 1,792,800 | 714,523 | 33,166 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 1,913,320 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 8,131,612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 4,212,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 78,854 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 374,618 | 1,976 | -32,935 | -23,324 | -13,630 | -1,837 | 133 | 0 |
| cash flow from financing | 12,797,742 | 1,976 | -32,934 | -23,325 | -13,630 | -1,837 | 126,907 | 10,000 |
| cash and cash equivalents | ||||||||
| cash | 1,244,665 | 1,657,711 | 2,178,572 | 362,182 | 1,261,001 | 1,716,456 | 834,154 | 43,166 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,244,665 | 1,657,711 | 2,178,572 | 362,182 | 1,261,001 | 1,716,456 | 834,154 | 43,166 |
nbre management europe limited Credit Report and Business Information
Nbre Management Europe Limited Competitor Analysis
Perform a competitor analysis for nbre management europe limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in W1S area or any other competitors across 12 key performance metrics.
nbre management europe limited Ownership
NBRE MANAGEMENT EUROPE LIMITED group structure
Nbre Management Europe Limited has no subsidiary companies.
Ultimate parent company
NORGES BANK
#0017340
1 parent
NBRE MANAGEMENT EUROPE LIMITED
10306087
nbre management europe limited directors
Nbre Management Europe Limited currently has 3 directors. The longest serving directors include Mrs Berit Stokke (Aug 2016) and Mr John Wythe (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Berit Stokke | 67 years | Aug 2016 | - | Director | |
| Mr John Wythe | United Kingdom | 67 years | Dec 2020 | - | Director |
| Mr Morten Kampli | United Kingdom | 49 years | Jan 2023 | - | Director |
P&L
December 2023turnover
10.3m
+4%
operating profit
2.7m
-24%
gross margin
44.5%
-1.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.9m
+0.37%
total assets
14.8m
+0.76%
cash
9.3m
+0.15%
net assets
Total assets minus all liabilities
nbre management europe limited company details
company number
10306087
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
August 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
queensberry house, 3 old burlington street, london, W1S 3AE
Bank
CITIBANK
Legal Advisor
-
nbre management europe 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 nbre management europe limited.
nbre management europe limited Companies House Filings - See Documents
| date | description | view/download |
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