ntg road uk limited
ntg road uk limited Company Information
Company Number
10533915
Website
www.mgbits.comRegistered Address
unit 1 liberty park, burton old road, lichfield, WS14 9HY
Industry
Freight transport by road
Telephone
01213380246
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
nordic transport group a/s 80.5%
kristian hansen 9.5%
View Allntg road uk limited Estimated Valuation
Pomanda estimates the enterprise value of NTG ROAD UK LIMITED at £4.1m based on a Turnover of £10.8m and 0.38x industry multiple (adjusted for size and gross margin).
ntg road uk limited Estimated Valuation
Pomanda estimates the enterprise value of NTG ROAD UK LIMITED at £1.5m based on an EBITDA of £423.9k and a 3.53x industry multiple (adjusted for size and gross margin).
ntg road uk limited Estimated Valuation
Pomanda estimates the enterprise value of NTG ROAD UK LIMITED at £9m based on Net Assets of £3.5m and 2.55x industry multiple (adjusted for liquidity).
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Ntg Road Uk Limited Overview
Ntg Road Uk Limited is a live company located in lichfield, WS14 9HY with a Companies House number of 10533915. It operates in the freight transport by road sector, SIC Code 49410. Founded in December 2016, it's largest shareholder is nordic transport group a/s with a 80.5% stake. Ntg Road Uk Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.8m with unknown growth in recent years.
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Ntg Road Uk Limited Health Check
Pomanda's financial health check has awarded Ntg Road Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £10.8m, make it in line with the average company (£10.8m)
£10.8m - Ntg Road Uk Limited
£10.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ntg Road Uk Limited
- - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (21.3%)
16.8% - Ntg Road Uk Limited
21.3% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.5%)
0.6% - Ntg Road Uk Limited
5.5% - Industry AVG
Employees
with 23 employees, this is below the industry average (66)
23 - Ntg Road Uk Limited
66 - Industry AVG
Pay Structure
on an average salary of £50.5k, the company has a higher pay structure (£38.7k)
£50.5k - Ntg Road Uk Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £471.6k, this is more efficient (£132.9k)
£471.6k - Ntg Road Uk Limited
£132.9k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (56 days)
44 days - Ntg Road Uk Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (32 days)
46 days - Ntg Road Uk Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ntg Road Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (11 weeks)
39 weeks - Ntg Road Uk Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.7%, this is a lower level of debt than the average (63.3%)
49.7% - Ntg Road Uk Limited
63.3% - Industry AVG
NTG ROAD UK LIMITED financials
Ntg Road Uk Limited's latest turnover from December 2022 is £10.8 million and the company has net assets of £3.5 million. According to their latest financial statements, Ntg Road Uk Limited has 23 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 10,847,303 | 11,503,837 | ||||
| Other Income Or Grants | 0 | 0 | ||||
| Cost Of Sales | 9,026,637 | 9,317,844 | ||||
| Gross Profit | 1,820,666 | 2,185,993 | ||||
| Admin Expenses | 1,753,147 | 1,891,302 | ||||
| Operating Profit | 67,519 | 294,691 | ||||
| Interest Payable | 5,708 | 5,934 | ||||
| Interest Receivable | 1,504 | 1,212 | ||||
| Pre-Tax Profit | 63,315 | 289,969 | ||||
| Tax | -79,111 | -83,540 | ||||
| Profit After Tax | -15,796 | 206,429 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | -15,796 | 206,429 | ||||
| Employee Costs | 1,162,469 | 898,672 | ||||
| Number Of Employees | 23 | 20 | 17 | |||
| EBITDA* | 423,943 | 650,580 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,024 | 14,707 | 15,098 | 0 | 0 | 0 |
| Intangible Assets | 2,771,674 | 3,118,133 | 3,464,592 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,782,698 | 3,132,840 | 3,479,690 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,310,903 | 1,425,332 | 1,733,944 | 0 | 0 | 0 |
| Group Debtors | 144,665 | 140,201 | 0 | 0 | 0 | 0 |
| Misc Debtors | 144,206 | 182,140 | 21,437 | 0 | 0 | 0 |
| Cash | 2,645,168 | 518,658 | 578,032 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,244,942 | 2,266,331 | 2,333,413 | 0 | 0 | 0 |
| total assets | 7,027,640 | 5,399,171 | 5,813,103 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,150,320 | 1,232,898 | 1,428,930 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,006,475 | 128,656 | 285,082 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 328,713 | 481,063 | 751,761 | 0 | 0 | 0 |
| total current liabilities | 3,485,508 | 1,842,617 | 2,465,773 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,168 | 2,794 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,168 | 2,794 | 0 | 0 | 0 | 0 |
| total liabilities | 3,489,676 | 1,845,411 | 2,465,773 | 0 | 0 | 0 |
| net assets | 3,537,964 | 3,553,760 | 3,347,330 | 0 | 0 | 0 |
| total shareholders funds | 3,537,964 | 3,553,760 | 3,347,330 | 0 | 0 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 67,519 | 294,691 | ||||
| Depreciation | 9,965 | 9,430 | 3,416 | |||
| Amortisation | 346,459 | 346,459 | 0 | |||
| Tax | -79,111 | -83,540 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -147,899 | -7,708 | 1,755,381 | 0 | 0 | 0 |
| Creditors | -82,578 | -196,032 | 1,428,930 | 0 | 0 | 0 |
| Accruals and Deferred Income | -152,350 | -270,698 | 751,761 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 1,374 | 2,794 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 259,177 | 110,812 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,877,819 | -156,426 | 285,082 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -4,204 | -4,722 | ||||
| cash flow from financing | 1,873,615 | -161,147 | ||||
| cash and cash equivalents | ||||||
| cash | 2,126,510 | -59,374 | 578,032 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,126,510 | -59,374 | 578,032 | 0 | 0 | 0 |
ntg road uk limited Credit Report and Business Information
Ntg Road Uk Limited Competitor Analysis
Perform a competitor analysis for ntg road uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ntg road uk limited Ownership
NTG ROAD UK LIMITED group structure
Ntg Road Uk Limited has no subsidiary companies.
Ultimate parent company
NORDIC TRANSPORT GROUP
#0127219
NORDIC TRANSPORT GROUP AS
#0112875
2 parents
NTG ROAD UK LIMITED
10533915
ntg road uk limited directors
Ntg Road Uk Limited currently has 5 directors. The longest serving directors include Mr Jesper Petersen (Dec 2016) and Mr Kristian Hansen (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jesper Petersen | England | 62 years | Dec 2016 | - | Director |
| Mr Kristian Hansen | England | 47 years | Jan 2020 | - | Director |
| Mr Christian Jakobsen | United Kingdom | 50 years | Jan 2020 | - | Director |
| Mr Michael Larsen | England | 48 years | May 2020 | - | Director |
| Mr Michael Larsen | England | 48 years | May 2020 | - | Director |
P&L
December 2022turnover
10.8m
-6%
operating profit
67.5k
-77%
gross margin
16.8%
-11.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.5m
0%
total assets
7m
+0.3%
cash
2.6m
+4.1%
net assets
Total assets minus all liabilities
Similar Companies
ntg road uk limited company details
company number
10533915
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
December 2016
age
8
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 1 liberty park, burton old road, lichfield, WS14 9HY
last accounts submitted
December 2022
ntg road uk 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 ntg road uk limited.
ntg road uk limited Companies House Filings - See Documents
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