Pomanda estimates the enterprise value of NOVED LONDON LTD at £7.1m based on a Turnover of £3.4m and 2.12x industry multiple (adjusted for size and gross margin).
noved london ltdEstimated Valuation
£168.1k
Pomanda estimates the enterprise value of NOVED LONDON LTD at £168.1k based on an EBITDA of £37k and a 4.55x industry multiple (adjusted for size and gross margin).
noved london ltdEstimated Valuation
£341.2k
Pomanda estimates the enterprise value of NOVED LONDON LTD at £341.2k based on Net Assets of £225.7k and 1.51x industry multiple (adjusted for liquidity).
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Noved London LtdOverview
Noved London Ltd is a live company located in london, EC1V 9NU with a Companies House number of 10516618. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2016, it's largest shareholder is
imran patel
with a 100% stake. Noved London Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£3.4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Noved London Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £3.4m, make it larger than the average company (£909.7k)
£3.4m - Noved London Ltd
£909.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Noved London Ltd
- - Industry AVG
Production
with a gross margin of 27.5%, this company has a higher cost of product (71.1%)
27.5% - Noved London Ltd
71.1% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (23.9%)
1.1% - Noved London Ltd
23.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Noved London Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
£38.2k - Noved London Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £672.5k, this is more efficient (£186.3k)
£672.5k - Noved London Ltd
£186.3k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (25 days)
102 days - Noved London Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (33 days)
1 days - Noved London Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Noved London Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Noved London Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.2%, this is a higher level of debt than the average (64.5%)
76.2% - Noved London Ltd
64.5% - Industry AVG
NOVED LONDON LTD financials
EXPORT
Noved London Ltd's latest turnover from December 2023 is estimated at £3.4 million and the company has net assets of £225.7 thousand. According to their latest financial statements, we estimate that Noved London Ltd has 5 employees and maintains cash reserves of 0 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
3,362,277
3,132,135
2,738,020
Other Income Or Grants
Cost Of Sales
2,438,601
2,265,490
2,022,753
Gross Profit
923,676
866,644
715,267
Admin Expenses
886,720
828,745
653,078
-90,896
-65,570
-38,191
-78,265
Operating Profit
36,956
37,899
62,189
90,896
65,570
38,191
78,265
Interest Payable
22,387
45,214
34,857
18,015
8,679
Interest Receivable
21
23
231
205
57
Pre-Tax Profit
36,956
37,899
39,823
45,705
30,944
20,381
69,643
Tax
-9,239
-7,201
-7,566
-8,684
-5,879
-3,872
-13,232
Profit After Tax
27,717
30,698
32,257
37,021
25,065
16,509
56,411
Dividends Paid
Retained Profit
27,717
30,698
32,257
37,021
25,065
16,509
56,411
Employee Costs
191,232
190,833
147,040
Number Of Employees
5
5
4
EBITDA*
36,956
37,899
62,189
90,896
65,570
38,191
78,265
* 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
Trade Debtors
947,088
916,471
892,615
Group Debtors
Misc Debtors
3,030
Cash
16,766
29,665
31,953
22,722
misc current assets
841,803
841,803
315,292
315,292
total current assets
947,088
916,471
892,615
861,599
871,468
347,245
338,014
total assets
947,088
916,471
892,615
861,599
871,468
347,245
338,014
Bank overdraft
Bank loan
Trade Creditors
7,941
8,641
8,983
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
10,124
7,320
7,492
14,468
total current liabilities
7,941
8,641
8,983
10,124
7,320
7,492
14,468
loans
716,369
766,063
266,733
267,035
hp & lease commitments
Accruals and Deferred Income
other liabilities
713,469
709,869
716,369
provisions
total long term liabilities
713,469
709,869
716,369
716,369
766,063
266,733
267,035
total liabilities
721,410
718,510
725,352
726,493
773,383
274,225
281,503
net assets
225,678
197,961
167,263
135,106
98,085
73,020
56,511
total shareholders funds
225,678
197,961
167,263
135,106
98,085
73,020
56,511
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
36,956
37,899
62,189
90,896
65,570
38,191
78,265
Depreciation
Amortisation
Tax
-9,239
-7,201
-7,566
-8,684
-5,879
-3,872
-13,232
Stock
Debtors
30,617
23,856
889,585
3,030
Creditors
-700
-342
8,983
Accruals and Deferred Income
-10,124
2,804
-172
-6,976
14,468
Deferred Taxes & Provisions
Cash flow from operations
-3,600
6,500
-836,103
81,986
59,519
27,343
79,501
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-716,369
-49,694
499,330
-302
267,035
Hire Purchase and Lease Commitments
other long term liabilities
3,600
-6,500
716,369
share issue
-100
100
interest
-22,366
-45,191
-34,626
-17,810
-8,622
cash flow from financing
3,600
-6,500
-22,466
-94,885
464,704
-18,112
258,513
cash and cash equivalents
cash
-16,766
-12,899
-2,288
9,231
22,722
overdraft
change in cash
-16,766
-12,899
-2,288
9,231
22,722
noved london ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for noved london ltd. Get real-time insights into noved london ltd's credit score, group structure and payment trends.
Perform a competitor analysis for noved london ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
noved london ltd Ownership
NOVED LONDON LTD group structure
Noved London Ltd has no subsidiary companies.
Ultimate parent company
NOVED LONDON LTD
10516618
NOVED LONDON LTD Shareholders
The sole shareholder of Noved London Ltd is Imran Patel.
imran patel
100%
noved london ltd directors
Noved London Ltd currently has 1 director, Mr Imran Patel serving since Dec 2016.
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 noved london ltd.
noved london 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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noved london ltdCompanies House Filings - See Documents
