northern norman limited

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northern norman limited Company Information

Share NORTHERN NORMAN LIMITED

Company Number

10627479

Shareholders

howard charles elliott

ann elliott

Group Structure

View All

Industry

Development of building projects

 

Registered Address

28 spring lane great horwood, milton keynes, MK17 0QW

northern norman limited Estimated Valuation

£92k

Pomanda estimates the enterprise value of NORTHERN NORMAN LIMITED at £92k based on a Turnover of £184.5k and 0.5x industry multiple (adjusted for size and gross margin).

northern norman limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORTHERN NORMAN LIMITED at £0 based on an EBITDA of £-2.9k and a 3.83x industry multiple (adjusted for size and gross margin).

northern norman limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORTHERN NORMAN LIMITED at £0 based on Net Assets of £-212.5k and 1.49x industry multiple (adjusted for liquidity).

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Northern Norman Limited Overview

Northern Norman Limited is a live company located in milton keynes, MK17 0QW with a Companies House number of 10627479. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2017, it's largest shareholder is howard charles elliott with a 50% stake. Northern Norman Limited is a young, micro sized company, Pomanda has estimated its turnover at £184.5k with declining growth in recent years.

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Northern Norman Limited Health Check

Pomanda's financial health check has awarded Northern Norman Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

9 Weak

size

Size

annual sales of £184.5k, make it smaller than the average company (£2.5m)

£184.5k - Northern Norman Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (4.8%)

-30% - Northern Norman Limited

4.8% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)

27.1% - Northern Norman Limited

27.1% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (7%)

-1.6% - Northern Norman Limited

7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Northern Norman Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Northern Norman Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.5k, this is less efficient (£292k)

£184.5k - Northern Norman Limited

£292k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Northern Norman Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (31 days)

7 days - Northern Norman Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1025 days, this is more than average (159 days)

1025 days - Northern Norman Limited

159 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Northern Norman Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 155.9%, this is a higher level of debt than the average (73.4%)

155.9% - Northern Norman Limited

73.4% - Industry AVG

NORTHERN NORMAN LIMITED financials

EXPORTms excel logo

Northern Norman Limited's latest turnover from December 2023 is estimated at £184.5 thousand and the company has net assets of -£212.5 thousand. According to their latest financial statements, we estimate that Northern Norman Limited has 1 employee and maintains cash reserves of £779 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover184,50276,005543,000385,934452,507293,071
Other Income Or Grants
Cost Of Sales134,47755,721498,196279,719319,291203,732
Gross Profit50,02420,28444,804106,215133,21689,339
Admin Expenses52,96537,0749,165235,546199,987105,939
Operating Profit-2,941-16,79035,639-129,331-66,771-16,600
Interest Payable17,017
Interest Receivable5963842132617
Pre-Tax Profit-2,345-16,40618,622-129,118-66,745-16,583
Tax
Profit After Tax-2,345-16,40618,622-129,118-66,745-16,583
Dividends Paid
Retained Profit-2,345-16,40618,622-129,118-66,745-16,583
Employee Costs48,26246,25945,390133,56143,54043,09542,445
Number Of Employees1113111
EBITDA*-2,941-16,79035,639-129,331-66,771-16,600

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress377,746143,590498,179593,578228,827
Trade Debtors
Group Debtors
Misc Debtors1,3362,295162,557
Cash77921,94256,847756,738
misc current assets
total current assets379,861167,827555,026593,653398,122
total assets379,861167,827555,026593,653398,122
Bank overdraft
Bank loan
Trade Creditors 2,7972,185193,724193,724
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities589,539375,772767,372676,881414,605
total current liabilities592,336377,957193,724193,724767,372676,881414,605
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities592,336377,957193,724193,724767,372676,881414,605
net assets-212,475-210,130-193,724-193,724-212,346-83,228-16,483
total shareholders funds-212,475-210,130-193,724-193,724-212,346-83,228-16,483
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-2,941-16,79035,639-129,331-66,771-16,600
Depreciation
Amortisation
Tax
Stock234,156143,590-498,179-95,399364,751228,827
Debtors-9592,295-162,557162,557
Creditors612-191,539193,724
Accruals and Deferred Income213,767375,772-767,37290,491262,276414,605
Deferred Taxes & Provisions
Cash flow from operations-21,75921,558-39,83056,559-6,6896,621
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
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest596384-17,0172132617
cash flow from financing596384-17,01721326117
cash and cash equivalents
cash-21,16321,942-56,84756,772-6,6636,738
overdraft
change in cash-21,16321,942-56,84756,772-6,6636,738

northern norman 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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Northern Norman Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for northern norman limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in MK17 area or any other competitors across 12 key performance metrics.

northern norman limited Ownership

NORTHERN NORMAN LIMITED group structure

Northern Norman Limited has no subsidiary companies.

Ultimate parent company

NORTHERN NORMAN LIMITED

10627479

NORTHERN NORMAN LIMITED Shareholders

howard charles elliott 50%
ann elliott 50%

northern norman limited directors

Northern Norman Limited currently has 2 directors. The longest serving directors include Ms Ann Elliott (Feb 2017) and Mr Howard Elliott (Feb 2017).

officercountryagestartendrole
Ms Ann ElliottUnited Kingdom68 years Feb 2017- Director
Mr Howard ElliottUnited Kingdom69 years Feb 2017- Director

P&L

December 2023

turnover

184.5k

+143%

operating profit

-2.9k

0%

gross margin

27.2%

+1.6%

turnover

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

Balance Sheet

December 2023

net assets

-212.5k

+0.01%

total assets

379.9k

+1.26%

cash

779

-0.96%

net assets

Total assets minus all liabilities

northern norman limited company details

company number

10627479

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

February 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

28 spring lane great horwood, milton keynes, MK17 0QW

Bank

-

Legal Advisor

-

northern norman 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 5 charges/mortgages relating to northern norman limited. Currently there are 3 open charges and 2 have been satisfied in the past.

northern norman 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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northern norman limited Companies House Filings - See Documents

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