next location ltd co ltd

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next location ltd co ltd Company Information

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YoungMicroRapid

Company Number

10457640

Registered Address

next location 212, stoke newingt, stoke newington high street, london, N16 7HU

Industry

Other business support service activities n.e.c.

 

Telephone

02034781997

Next Accounts Due

July 2025

Group Structure

View All

Directors

Tuta Miah7 Years

Shareholders

emil dashdamirov 50%

tuta miah 50%

next location ltd co ltd Estimated Valuation

£112.3k

Pomanda estimates the enterprise value of NEXT LOCATION LTD CO LTD at £112.3k based on a Turnover of £202.7k and 0.55x industry multiple (adjusted for size and gross margin).

next location ltd co ltd Estimated Valuation

£18.1k

Pomanda estimates the enterprise value of NEXT LOCATION LTD CO LTD at £18.1k based on an EBITDA of £4.2k and a 4.37x industry multiple (adjusted for size and gross margin).

next location ltd co ltd Estimated Valuation

£9.6k

Pomanda estimates the enterprise value of NEXT LOCATION LTD CO LTD at £9.6k based on Net Assets of £18.4k and 0.52x industry multiple (adjusted for liquidity).

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Next Location Ltd Co Ltd Overview

Next Location Ltd Co Ltd is a live company located in london, N16 7HU with a Companies House number of 10457640. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2016, it's largest shareholder is emil dashdamirov with a 50% stake. Next Location Ltd Co Ltd is a young, micro sized company, Pomanda has estimated its turnover at £202.7k with rapid growth in recent years.

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Next Location Ltd Co Ltd Health Check

Pomanda's financial health check has awarded Next Location Ltd Co 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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £202.7k, make it smaller than the average company (£3.7m)

£202.7k - Next Location Ltd Co Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (5.3%)

53% - Next Location Ltd Co Ltd

5.3% - Industry AVG

production

Production

with a gross margin of 37.7%, this company has a comparable cost of product (37.7%)

37.7% - Next Location Ltd Co Ltd

37.7% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (5.9%)

1.1% - Next Location Ltd Co Ltd

5.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (23)

3 - Next Location Ltd Co Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £48k, the company has an equivalent pay structure (£48k)

£48k - Next Location Ltd Co Ltd

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.6k, this is less efficient (£152.9k)

£67.6k - Next Location Ltd Co Ltd

£152.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (41 days)

30 days - Next Location Ltd Co Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (32 days)

1 days - Next Location Ltd Co Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Next Location Ltd Co Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (24 weeks)

54 weeks - Next Location Ltd Co Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.8%, this is a lower level of debt than the average (61.3%)

5.8% - Next Location Ltd Co Ltd

61.3% - Industry AVG

NEXT LOCATION LTD CO LTD financials

EXPORTms excel logo

Next Location Ltd Co Ltd's latest turnover from October 2023 is estimated at £202.7 thousand and the company has net assets of £18.4 thousand. According to their latest financial statements, Next Location Ltd Co Ltd has 3 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Turnover202,698132,32349,18656,56698,55391,192132,677
Other Income Or Grants0000000
Cost Of Sales126,21981,35831,01835,27261,62657,07181,526
Gross Profit76,47950,96518,16821,29336,92734,12151,151
Admin Expenses74,24638,00224,48417,44631,47328,56750,836
Operating Profit2,23312,963-6,3163,8475,4545,554315
Interest Payable0000000
Interest Receivable191872321121
Pre-Tax Profit2,42413,051-6,3143,8515,4755,565316
Tax-606-2,4800-732-1,040-1,057-60
Profit After Tax1,81810,571-6,3143,1194,4354,508256
Dividends Paid0000000
Retained Profit1,81810,571-6,3143,1194,4354,508256
Employee Costs143,91090,02942,87041,75682,53078,34875,962
Number Of Employees3211222
EBITDA*4,15014,575-4,7055,6586,1655,842315

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Tangible Assets1,6372,0243,6365,2472,5581,1540
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets1,6372,0243,6365,2472,5581,1540
Stock & work in progress0000000
Trade Debtors16,69913,9652,8504,1664,5172,6270
Group Debtors0000000
Misc Debtors0000000
Cash1,1826,4421,3143,5093,3382,272823
misc current assets0000000
total current assets17,88120,4074,1647,6757,8554,899823
total assets19,51822,4317,80012,92210,4136,053823
Bank overdraft0000000
Bank loan0000000
Trade Creditors 650651551501501500500
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities4735,2031,24310171178765
total current liabilities1,1235,8541,7946021,2121,287565
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities1,1235,8541,7946021,2121,287565
net assets18,39516,5776,00612,3209,2014,766258
total shareholders funds18,39516,5776,00612,3209,2014,766258
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Operating Activities
Operating Profit2,23312,963-6,3163,8475,4545,554315
Depreciation1,9171,6121,6111,8117112880
Amortisation0000000
Tax-606-2,4800-732-1,040-1,057-60
Stock0000000
Debtors2,73411,115-1,316-3511,8902,6270
Creditors-110050010500
Accruals and Deferred Income-4,7303,9601,142-610-7672265
Deferred Taxes & Provisions0000000
Cash flow from operations-3,9215,040-2,1974,6673,1602,880820
Investing Activities
capital expenditure-1,53000-4,500-2,115-1,4420
Change in Investments0000000
cash flow from investments-1,53000-4,500-2,115-1,4420
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000002
interest191872321121
cash flow from financing191872321123
cash and cash equivalents
cash-5,2605,128-2,1951711,0661,449823
overdraft0000000
change in cash-5,2605,128-2,1951711,0661,449823

next location ltd co ltd 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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Next Location Ltd Co Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for next location ltd co ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.

next location ltd co ltd Ownership

NEXT LOCATION LTD CO LTD group structure

Next Location Ltd Co Ltd has no subsidiary companies.

Ultimate parent company

NEXT LOCATION LTD CO LTD

10457640

NEXT LOCATION LTD CO LTD Shareholders

emil dashdamirov 50%
tuta miah 50%

next location ltd co ltd directors

Next Location Ltd Co Ltd currently has 1 director, Mr Tuta Miah serving since Nov 2016.

officercountryagestartendrole
Mr Tuta MiahUnited Kingdom59 years Nov 2016- Director

P&L

October 2023

turnover

202.7k

+53%

operating profit

2.2k

0%

gross margin

37.8%

-2.04%

turnover

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

Balance Sheet

October 2023

net assets

18.4k

+0.11%

total assets

19.5k

-0.13%

cash

1.2k

-0.82%

net assets

Total assets minus all liabilities

next location ltd co ltd company details

company number

10457640

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

November 2016

age

8

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

October 2023

address

next location 212, stoke newingt, stoke newington high street, london, N16 7HU

accountant

MUSALAR & CO ACCOUNTANTS

auditor

-

next location ltd co 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 next location ltd co ltd.

charges

next location ltd co ltd Companies House Filings - See Documents

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