nitrous ltd
nitrous ltd Company Information
Company Number
10415535
Next Accounts
Dec 2025
Directors
Shareholders
tech city ventures ltd
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
3 totman crescent, rayleigh, essex, SS6 7UY
Website
www.nitrous.tvnitrous ltd Estimated Valuation
Pomanda estimates the enterprise value of NITROUS LTD at £192.5k based on a Turnover of £271k and 0.71x industry multiple (adjusted for size and gross margin).
nitrous ltd Estimated Valuation
Pomanda estimates the enterprise value of NITROUS LTD at £607.3k based on an EBITDA of £125.6k and a 4.84x industry multiple (adjusted for size and gross margin).
nitrous ltd Estimated Valuation
Pomanda estimates the enterprise value of NITROUS LTD at £249.2k based on Net Assets of £110.8k and 2.25x industry multiple (adjusted for liquidity).
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Nitrous Ltd Overview
Nitrous Ltd is a live company located in essex, SS6 7UY with a Companies House number of 10415535. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2016, it's largest shareholder is tech city ventures ltd with a 100% stake. Nitrous Ltd is a young, micro sized company, Pomanda has estimated its turnover at £271k with declining growth in recent years.
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Nitrous Ltd Health Check
Pomanda's financial health check has awarded Nitrous Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £271k, make it smaller than the average company (£7.5m)
- Nitrous Ltd
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (9%)
- Nitrous Ltd
9% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
- Nitrous Ltd
48.4% - Industry AVG
Profitability
an operating margin of 46.3% make it more profitable than the average company (4%)
- Nitrous Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
1 - Nitrous Ltd
43 - Industry AVG
Pay Structure
on an average salary of £72.5k, the company has an equivalent pay structure (£72.5k)
- Nitrous Ltd
£72.5k - Industry AVG
Efficiency
resulting in sales per employee of £271k, this is more efficient (£177.1k)
- Nitrous Ltd
£177.1k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (51 days)
- Nitrous Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 564 days, this is slower than average (35 days)
- Nitrous Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nitrous Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Nitrous Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.8%, this is a higher level of debt than the average (62.8%)
69.8% - Nitrous Ltd
62.8% - Industry AVG
NITROUS LTD financials
Nitrous Ltd's latest turnover from March 2024 is estimated at £271 thousand and the company has net assets of £110.8 thousand. According to their latest financial statements, Nitrous Ltd has 1 employee and maintains cash reserves of £8.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 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 | 1 | 1 | 3 | 3 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 20 | 20 | 20 | 20 | |||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 20 | 20 | 20 | 20 | |||
| Stock & work in progress | |||||||
| Trade Debtors | 5,520 | 13,401 | 95,400 | 46,847 | 24,375 | ||
| Group Debtors | 352,170 | 262,955 | 192,279 | 173,376 | 24,410 | 3,038 | 2,838 |
| Misc Debtors | 1,000 | 1,000 | 1,000 | 1,000 | 39,032 | 1,000 | 1,000 |
| Cash | 8,143 | 72 | 480 | 1,301 | 111 | 1 | |
| misc current assets | |||||||
| total current assets | 366,833 | 277,428 | 289,159 | 222,524 | 87,928 | 4,038 | 3,839 |
| total assets | 366,833 | 277,428 | 289,159 | 222,544 | 87,948 | 4,058 | 3,859 |
| Bank overdraft | 11 | ||||||
| Bank loan | |||||||
| Trade Creditors | 216,338 | 206,345 | 273,178 | 187,107 | 5,872 | ||
| Group/Directors Accounts | 14,173 | 13,618 | |||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 39,734 | 54,676 | 102,776 | 97,930 | 24,542 | 21 | 20 |
| total current liabilities | 256,072 | 261,021 | 375,954 | 285,037 | 30,414 | 14,205 | 13,638 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 256,072 | 261,021 | 375,954 | 285,037 | 30,414 | 14,205 | 13,638 |
| net assets | 110,761 | 16,407 | -86,795 | -62,493 | 57,534 | -10,147 | -9,779 |
| total shareholders funds | 110,761 | 16,407 | -86,795 | -62,493 | 57,534 | -10,147 | -9,779 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 81,334 | -11,323 | 67,456 | 133,406 | 83,779 | 4,038 | 3,838 |
| Creditors | 9,993 | -66,833 | 86,071 | 181,235 | 5,872 | ||
| Accruals and Deferred Income | -14,942 | -48,100 | 4,846 | 73,388 | 24,521 | 21 | 20 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -20 | 20 | 20 | ||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -14,173 | 14,173 | 13,618 | ||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 8,071 | -408 | -821 | 1,190 | 111 | 1 | |
| overdraft | -11 | 11 | |||||
| change in cash | 8,071 | -408 | -821 | 1,190 | 122 | -11 | 1 |
nitrous ltd Credit Report and Business Information
Nitrous Ltd Competitor Analysis
Perform a competitor analysis for nitrous ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SS6 area or any other competitors across 12 key performance metrics.
nitrous ltd Ownership
NITROUS LTD group structure
Nitrous Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
NITROUS LTD
10415535
1 subsidiary
nitrous ltd directors
Nitrous Ltd currently has 1 director, Mr George Johnston serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Johnston | England | 32 years | Oct 2016 | - | Director |
P&L
March 2024turnover
271k
-2%
operating profit
125.6k
0%
gross margin
48.4%
-1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
110.8k
+5.75%
total assets
366.8k
+0.32%
cash
8.1k
+112.1%
net assets
Total assets minus all liabilities
nitrous ltd company details
company number
10415535
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
3 totman crescent, rayleigh, essex, SS6 7UY
Bank
-
Legal Advisor
-
nitrous ltd 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 nitrous ltd.
nitrous ltd 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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nitrous ltd Companies House Filings - See Documents
| date | description | view/download |
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