newmore consultants limited

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newmore consultants limited Company Information

Share NEWMORE  CONSULTANTS LIMITED

Company Number

10529649

Shareholders

michael gerard kneafsey

tracey kennedy

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Group Structure

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Industry

Management consultancy activities (other than financial management)

 

Registered Address

3 greengate cardale park, harrogate, north yorkshire, HG3 1GY

Website

-

newmore consultants limited Estimated Valuation

£567.8k

Pomanda estimates the enterprise value of NEWMORE CONSULTANTS LIMITED at £567.8k based on a Turnover of £1.2m and 0.49x industry multiple (adjusted for size and gross margin).

newmore consultants limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEWMORE CONSULTANTS LIMITED at £0 based on an EBITDA of £-8.1k and a 4.21x industry multiple (adjusted for size and gross margin).

newmore consultants limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEWMORE CONSULTANTS LIMITED at £0 based on Net Assets of £-66.1k and 2.61x industry multiple (adjusted for liquidity).

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Newmore Consultants Limited Overview

Newmore Consultants Limited is a live company located in north yorkshire, HG3 1GY with a Companies House number of 10529649. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in December 2016, it's largest shareholder is michael gerard kneafsey with a 50% stake. Newmore Consultants Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.

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Newmore Consultants Limited Health Check

Pomanda's financial health check has awarded Newmore Consultants Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£850.8k)

£1.2m - Newmore Consultants Limited

£850.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (8.5%)

39% - Newmore Consultants Limited

8.5% - Industry AVG

production

Production

with a gross margin of 58.7%, this company has a comparable cost of product (58.7%)

58.7% - Newmore Consultants Limited

58.7% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (7.3%)

-0.8% - Newmore Consultants Limited

7.3% - Industry AVG

employees

Employees

with 9 employees, this is similar to the industry average (8)

9 - Newmore Consultants Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)

£57.1k - Newmore Consultants Limited

£57.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £129.3k, this is equally as efficient (£132.6k)

£129.3k - Newmore Consultants Limited

£132.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 66 days, this is near the average (63 days)

66 days - Newmore Consultants Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 132 days, this is slower than average (25 days)

132 days - Newmore Consultants Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Newmore Consultants Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)

0 weeks - Newmore Consultants Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 131.1%, this is a higher level of debt than the average (55.9%)

131.1% - Newmore Consultants Limited

55.9% - Industry AVG

NEWMORE CONSULTANTS LIMITED financials

EXPORTms excel logo

Newmore Consultants Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of -£66.1 thousand. According to their latest financial statements, we estimate that Newmore Consultants Limited has 9 employees and maintains cash reserves of £877 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover1,163,4591,044,279546,407429,72271,66745,821
Other Income Or Grants
Cost Of Sales480,300436,449226,207169,38628,13216,451
Gross Profit683,159607,831320,200260,33543,53529,371
Admin Expenses692,501627,155352,469242,08758,17929,248
Operating Profit-9,342-19,324-32,26918,248-14,644123
Interest Payable1,6961,9341,489763
Interest Receivable4911221710
Pre-Tax Profit-10,988-21,146-33,73717,493-14,634123
Tax-3,324-23
Profit After Tax-10,988-21,146-33,73714,169-14,634100
Dividends Paid
Retained Profit-10,988-21,146-33,73714,169-14,634100
Employee Costs513,783494,867270,601203,13853,34855,983
Number Of Employees995411
EBITDA*-8,074-19,199-32,14418,352-14,644123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets1,268146271396
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,268146271396
Stock & work in progress
Trade Debtors210,769201,406103,09091,8007,200100
Group Debtors
Misc Debtors6505,00722,2451,724
Cash8779965,40211,5092,551
misc current assets
total current assets211,646203,052113,499125,55411,475100
total assets212,914203,198113,770125,95011,475100
Bank overdraft5,0004,8974,8972,500
Bank loan
Trade Creditors 174,508189,446104,46246,97017,696
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities92,14250,81120,61354,1708,213
total current liabilities271,650245,154129,972103,64025,909
loans7,08313,16517,74922,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions317275175
total long term liabilities7,40013,19217,80022,575
total liabilities279,050258,346147,772126,21525,909
net assets-66,136-55,148-34,002-265-14,434100
total shareholders funds-66,136-55,148-34,002-265-14,434100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-9,342-19,324-32,26918,248-14,644123
Depreciation1,268125125104
Amortisation
Tax-3,324-23
Stock
Debtors8,71393,959-5,948105,1218,824100
Creditors-14,93884,98457,49229,27417,696
Accruals and Deferred Income41,33130,198-33,55745,9578,213
Deferred Taxes & Provisions290-24-2475
Cash flow from operations9,8962,000-2,285-14,7872,441
Investing Activities
capital expenditure-2,390-500
Change in Investments
cash flow from investments-2,390-500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-6,082-4,584-4,75122,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-1,647-1,822-1,468-75610
cash flow from financing-7,729-6,406-6,21921,744110
cash and cash equivalents
cash-119-4,406-6,1078,9582,551
overdraft1032,3972,500
change in cash-222-4,406-8,5046,4582,551

newmore consultants limited 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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Newmore Consultants Limited Competitor Analysis

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Perform a competitor analysis for newmore consultants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in HG3 area or any other competitors across 12 key performance metrics.

newmore consultants limited Ownership

NEWMORE CONSULTANTS LIMITED group structure

Newmore Consultants Limited has no subsidiary companies.

Ultimate parent company

NEWMORE CONSULTANTS LIMITED

10529649

NEWMORE CONSULTANTS LIMITED Shareholders

michael gerard kneafsey 50%
tracey kennedy 25%
stephen alexander kennedy 25%

newmore consultants limited directors

Newmore Consultants Limited currently has 2 directors. The longest serving directors include Mr Stephen Kennedy (Jan 2018) and Mr Michael Kneafsey (Jan 2018).

officercountryagestartendrole
Mr Stephen Kennedy58 years Jan 2018- Director
Mr Michael KneafseyEngland56 years Jan 2018- Director

P&L

December 2023

turnover

1.2m

+11%

operating profit

-9.3k

0%

gross margin

58.8%

+0.88%

turnover

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

Balance Sheet

December 2023

net assets

-66.1k

+0.2%

total assets

212.9k

+0.05%

cash

877

-0.12%

net assets

Total assets minus all liabilities

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newmore consultants limited company details

company number

10529649

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

December 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

3 greengate cardale park, harrogate, north yorkshire, HG3 1GY

Bank

-

Legal Advisor

-

newmore consultants 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 newmore consultants limited.

newmore consultants 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.

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newmore consultants limited Companies House Filings - See Documents

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