nugate homes limited
nugate homes limited Company Information
Company Number
10509571
Next Accounts
418 days late
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Directors
Shareholders
hakan nuhi
gary edwin gates
Group Structure
View All
Contact
Registered Address
stirling house, sunderland quay, culpeper close, rochester, ME2 4HN
Website
-nugate homes limited Estimated Valuation
Pomanda estimates the enterprise value of NUGATE HOMES LIMITED at £48k based on a Turnover of £152.4k and 0.32x industry multiple (adjusted for size and gross margin).
nugate homes limited Estimated Valuation
Pomanda estimates the enterprise value of NUGATE HOMES LIMITED at £0 based on an EBITDA of £-3.2k and a 3.18x industry multiple (adjusted for size and gross margin).
nugate homes limited Estimated Valuation
Pomanda estimates the enterprise value of NUGATE HOMES LIMITED at £0 based on Net Assets of £-90.2k and 2.12x industry multiple (adjusted for liquidity).
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Nugate Homes Limited Overview
Nugate Homes Limited is a live company located in rochester, ME2 4HN with a Companies House number of 10509571. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 2016, it's largest shareholder is hakan nuhi with a 50% stake. Nugate Homes Limited is a young, micro sized company, Pomanda has estimated its turnover at £152.4k with declining growth in recent years.
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Nugate Homes Limited Health Check
Pomanda's financial health check has awarded Nugate Homes Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £152.4k, make it smaller than the average company (£6.2m)
- Nugate Homes Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (0.7%)
- Nugate Homes Limited
0.7% - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (23%)
- Nugate Homes Limited
23% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (5.3%)
- Nugate Homes Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
1 - Nugate Homes Limited
34 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Nugate Homes Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £152.4k, this is equally as efficient (£171.1k)
- Nugate Homes Limited
£171.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (61 days)
- Nugate Homes Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 251 days, this is slower than average (40 days)
- Nugate Homes Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nugate Homes Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nugate Homes Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6854.4%, this is a higher level of debt than the average (64.7%)
6854.4% - Nugate Homes Limited
64.7% - Industry AVG
NUGATE HOMES LIMITED financials
Nugate Homes Limited's latest turnover from December 2021 is estimated at £152.4 thousand and the company has net assets of -£90.2 thousand. According to their latest financial statements, Nugate Homes Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,152 | 1,536 | 2,048 | 2,730 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,152 | 1,536 | 2,048 | 2,730 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 932,885 | 358,506 |
| Trade Debtors | 183 | 15,013 | 120,489 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 553 | 134 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 183 | 15,013 | 120,489 | 933,438 | 358,640 |
| total assets | 1,335 | 16,549 | 122,537 | 936,168 | 358,640 |
| Bank overdraft | 0 | 0 | 0 | 546,458 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 91,506 | 103,492 | 189,725 | 28,386 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 365,733 |
| total current liabilities | 91,506 | 103,492 | 189,725 | 949,072 | 365,733 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 91,506 | 103,492 | 189,725 | 949,072 | 365,733 |
| net assets | -90,171 | -86,943 | -67,188 | -12,904 | -7,093 |
| total shareholders funds | -90,171 | -86,943 | -67,188 | -12,904 | -7,093 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 911 | 0 | |||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | -932,885 | 574,379 | 358,506 |
| Debtors | -14,830 | -105,476 | 120,489 | 0 | 0 |
| Creditors | -11,986 | -86,233 | 161,339 | 28,386 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -365,733 | 365,733 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -553 | 419 | 134 |
| overdraft | 0 | 0 | -546,458 | 546,458 | 0 |
| change in cash | 0 | 0 | 545,905 | -546,039 | 134 |
nugate homes limited Credit Report and Business Information
Nugate Homes Limited Competitor Analysis
Perform a competitor analysis for nugate homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in ME2 area or any other competitors across 12 key performance metrics.
nugate homes limited Ownership
NUGATE HOMES LIMITED group structure
Nugate Homes Limited has no subsidiary companies.
Ultimate parent company
NUGATE HOMES LIMITED
10509571
nugate homes limited directors
Nugate Homes Limited currently has 1 director, Mr Hakan Nuhi serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hakan Nuhi | England | 45 years | Dec 2016 | - | Director |
P&L
December 2021turnover
152.4k
-28%
operating profit
-3.2k
0%
gross margin
12.9%
-0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-90.2k
+0.04%
total assets
1.3k
-0.92%
cash
0
0%
net assets
Total assets minus all liabilities
nugate homes limited company details
company number
10509571
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2021
previous names
nugate timber frame limited (August 2017)
accountant
-
auditor
-
address
stirling house, sunderland quay, culpeper close, rochester, ME2 4HN
Bank
-
Legal Advisor
-
nugate homes 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 3 charges/mortgages relating to nugate homes limited. Currently there are 0 open charges and 3 have been satisfied in the past.
nugate homes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
