newcoe limited
newcoe limited Company Information
Company Number
10427847
Next Accounts
Sep 2025
Shareholders
tennant metallurgical limited
Group Structure
View All
Industry
Wholesale of metals and metal ores
Registered Address
c/o tennant metallurgical group, dunston innovation centre, chesterfield, derbyshire, S41 8NG
Website
http://tenmet.co.uknewcoe limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCOE LIMITED at £2.2m based on a Turnover of £13.5m and 0.16x industry multiple (adjusted for size and gross margin).
newcoe limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCOE LIMITED at £75.1k based on an EBITDA of £33.7k and a 2.23x industry multiple (adjusted for size and gross margin).
newcoe limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCOE LIMITED at £45k based on Net Assets of £27.5k and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Newcoe Limited Overview
Newcoe Limited is a live company located in chesterfield, S41 8NG with a Companies House number of 10427847. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in October 2016, it's largest shareholder is tennant metallurgical limited with a 100% stake. Newcoe Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.5m with declining growth in recent years.
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Newcoe Limited Health Check
Pomanda's financial health check has awarded Newcoe Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £13.5m, make it smaller than the average company (£29.9m)
£13.5m - Newcoe Limited
£29.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (14.8%)
-11% - Newcoe Limited
14.8% - Industry AVG
Production
with a gross margin of 0.3%, this company has a higher cost of product (16.9%)
0.3% - Newcoe Limited
16.9% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (5.1%)
0.3% - Newcoe Limited
5.1% - Industry AVG
Employees
with 16 employees, this is below the industry average (32)
- Newcoe Limited
32 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
- Newcoe Limited
£52k - Industry AVG
Efficiency
resulting in sales per employee of £846.8k, this is equally as efficient (£883.6k)
- Newcoe Limited
£883.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Newcoe Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Newcoe Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is less than average (76 days)
60 days - Newcoe Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Newcoe Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (53%)
98.8% - Newcoe Limited
53% - Industry AVG
NEWCOE LIMITED financials
Newcoe Limited's latest turnover from December 2023 is £13.5 million and the company has net assets of £27.5 thousand. According to their latest financial statements, we estimate that Newcoe Limited has 16 employees and maintains cash reserves of £33.4 thousand 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 13,548,497 | 27,843,515 | 26,497,963 | 19,405,892 | 19,018,972 | 36,374,508 | 42,219,505 |
| Other Income Or Grants | |||||||
| Cost Of Sales | 13,514,711 | 27,774,081 | 26,431,884 | 19,357,498 | 18,971,543 | 36,283,797 | 42,114,219 |
| Gross Profit | 33,787 | 69,434 | 66,079 | 48,394 | 47,429 | 90,711 | 105,286 |
| Admin Expenses | 61 | 62 | 64 | 57 | 54 | ||
| Operating Profit | 33,726 | 69,372 | 66,015 | 48,337 | 90,657 | 105,286 | |
| Interest Payable | 368 | 189 | 8 | ||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 33,726 | 69,004 | 65,826 | 48,337 | 47,368 | 90,648 | 105,286 |
| Tax | -7,933 | -13,111 | -12,507 | -9,184 | -9,600 | -17,042 | -19,919 |
| Profit After Tax | 25,793 | 55,893 | 53,320 | 39,153 | 37,768 | 73,606 | 85,367 |
| Dividends Paid | 59,793 | 106,774 | 171,969 | ||||
| Retained Profit | -34,000 | -50,881 | 53,320 | 39,153 | -134,201 | 73,606 | 85,367 |
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | 33,726 | 69,372 | 66,015 | 48,337 | 90,657 | 105,286 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | 2,232,741 | 1,842,368 | 3,225,310 | 2,290,821 | 3,064,963 | 2,359,675 | 7,927,759 |
| Trade Debtors | |||||||
| Group Debtors | 17,696 | 13,327 | 4,770 | 11,655 | 90,710 | 26,534 | |
| Misc Debtors | |||||||
| Cash | 33,388 | 56,909 | 116,202 | 73,434 | 19,184 | 78,620 | 78,753 |
| misc current assets | |||||||
| total current assets | 2,266,130 | 1,916,973 | 3,354,840 | 2,369,026 | 3,095,802 | 2,529,006 | 8,033,045 |
| total assets | 2,266,130 | 1,916,973 | 3,354,840 | 2,369,026 | 3,095,802 | 2,529,006 | 8,033,045 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 3,064,963 | ||||||
| Group/Directors Accounts | 2,230,703 | 1,842,368 | 3,225,310 | 2,290,820 | 2,359,675 | 7,927,759 | |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 7,932 | 13,110 | 12,506 | 18,565 | 9,687 | 17,042 | 19,918 |
| total current liabilities | 2,238,636 | 1,855,479 | 3,237,817 | 2,309,386 | 3,074,650 | 2,376,717 | 7,947,677 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 2,238,636 | 1,855,479 | 3,237,817 | 2,309,386 | 3,074,650 | 2,376,717 | 7,947,677 |
| net assets | 27,494 | 61,494 | 117,023 | 59,639 | 21,152 | 152,289 | 85,368 |
| total shareholders funds | 27,494 | 61,494 | 117,023 | 59,639 | 21,152 | 152,289 | 85,368 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 33,726 | 69,372 | 66,015 | 48,337 | 90,657 | 105,286 | |
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | -7,933 | -13,111 | -12,507 | -9,184 | -9,600 | -17,042 | -19,919 |
| Stock | 390,373 | -1,382,943 | 934,489 | -774,142 | 705,288 | -5,568,083 | 7,927,759 |
| Debtors | -17,696 | 4,369 | 8,557 | -6,885 | -79,055 | 64,176 | 26,534 |
| Creditors | -3,064,963 | 3,064,963 | |||||
| Accruals and Deferred Income | -5,178 | 604 | -6,059 | 8,878 | -7,355 | -2,876 | 19,918 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -352,062 | 1,435,439 | -895,597 | -2,235,905 | 5,574,646 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 388,335 | -1,382,943 | 934,490 | 2,290,820 | -2,359,675 | -5,568,084 | 7,927,759 |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -368 | -189 | -8 | ||||
| cash flow from financing | 388,335 | -1,387,959 | 938,364 | 2,290,154 | -2,356,611 | -5,574,777 | 7,927,760 |
| cash and cash equivalents | |||||||
| cash | -23,521 | -59,293 | 42,768 | 54,250 | -59,436 | -132 | 78,753 |
| overdraft | |||||||
| change in cash | -23,521 | -59,293 | 42,768 | 54,250 | -59,436 | -132 | 78,753 |
newcoe limited Credit Report and Business Information
Newcoe Limited Competitor Analysis
Perform a competitor analysis for newcoe limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in S41 area or any other competitors across 12 key performance metrics.
newcoe limited Ownership
NEWCOE LIMITED group structure
Newcoe Limited has no subsidiary companies.
Ultimate parent company
2 parents
NEWCOE LIMITED
10427847
newcoe limited directors
Newcoe Limited currently has 2 directors. The longest serving directors include Mr Ian Cunningham (Oct 2016) and Mr Liam Britton (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Cunningham | 58 years | Oct 2016 | - | Director | |
| Mr Liam Britton | United Kingdom | 38 years | Mar 2024 | - | Director |
P&L
December 2023turnover
13.5m
-51%
operating profit
33.7k
-51%
gross margin
0.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
27.5k
-0.55%
total assets
2.3m
+0.18%
cash
33.4k
-0.41%
net assets
Total assets minus all liabilities
newcoe limited company details
company number
10427847
Type
Private limited with Share Capital
industry
46720 - Wholesale of metals and metal ores
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BHP LLP
address
c/o tennant metallurgical group, dunston innovation centre, chesterfield, derbyshire, S41 8NG
Bank
HSBC BANK PLC
Legal Advisor
-
newcoe 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 newcoe limited.
newcoe 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 NEWCOE LIMITED. This can take several minutes, an email will notify you when this has completed.
newcoe limited Companies House Filings - See Documents
| date | description | view/download |
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