nec commercial finance ltd
nec commercial finance ltd Company Information
Company Number
10650347
Next Accounts
Dec 2025
Directors
Shareholders
nicholas jacovos neophytou
Group Structure
View All
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Registered Address
1 kings avenue, london, N21 3NA
Website
commercialfinanceexpo.co.uknec commercial finance ltd Estimated Valuation
Pomanda estimates the enterprise value of NEC COMMERCIAL FINANCE LTD at £1.7m based on a Turnover of £2.7m and 0.64x industry multiple (adjusted for size and gross margin).
nec commercial finance ltd Estimated Valuation
Pomanda estimates the enterprise value of NEC COMMERCIAL FINANCE LTD at £88.3k based on an EBITDA of £28.5k and a 3.1x industry multiple (adjusted for size and gross margin).
nec commercial finance ltd Estimated Valuation
Pomanda estimates the enterprise value of NEC COMMERCIAL FINANCE LTD at £1.6m based on Net Assets of £653.6k and 2.45x industry multiple (adjusted for liquidity).
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Nec Commercial Finance Ltd Overview
Nec Commercial Finance Ltd is a live company located in london, N21 3NA with a Companies House number of 10650347. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in March 2017, it's largest shareholder is nicholas jacovos neophytou with a 100% stake. Nec Commercial Finance Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Nec Commercial Finance Ltd Health Check
Pomanda's financial health check has awarded Nec Commercial Finance Ltd a 3 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£3.7m)
- Nec Commercial Finance Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.5%)
- Nec Commercial Finance Ltd
9.5% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (82.2%)
- Nec Commercial Finance Ltd
82.2% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (9.3%)
- Nec Commercial Finance Ltd
9.3% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (8)
- Nec Commercial Finance Ltd
8 - Industry AVG
Pay Structure
on an average salary of £73.1k, the company has an equivalent pay structure (£73.1k)
- Nec Commercial Finance Ltd
£73.1k - Industry AVG
Efficiency
resulting in sales per employee of £381.2k, this is more efficient (£178.8k)
- Nec Commercial Finance Ltd
£178.8k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (32 days)
- Nec Commercial Finance Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (36 days)
- Nec Commercial Finance Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nec Commercial Finance Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nec Commercial Finance Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (69%)
0.6% - Nec Commercial Finance Ltd
69% - Industry AVG
NEC COMMERCIAL FINANCE LTD financials
Nec Commercial Finance Ltd's latest turnover from March 2024 is estimated at £2.7 million and the company has net assets of £653.6 thousand. According to their latest financial statements, we estimate that Nec Commercial Finance Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 50 | 100 | 100 | 100 | 100 | 100 | 100 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 50 | 100 | 100 | 100 | 100 | 100 | 100 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 657,332 | 720,630 | 582,281 | 507,275 | 415,961 | 234,480 | 50,480 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 45,579 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 657,332 | 720,630 | 582,281 | 507,275 | 415,961 | 234,480 | 96,059 |
| total assets | 657,382 | 720,730 | 582,381 | 507,375 | 416,061 | 234,580 | 96,159 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,749 | 88,448 | 3,420 | 3,120 | 3,119 | 1,500 | 1,200 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,749 | 88,448 | 3,420 | 3,120 | 3,119 | 1,500 | 1,200 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,749 | 88,448 | 3,420 | 3,120 | 3,119 | 1,500 | 1,200 |
| net assets | 653,633 | 632,282 | 578,961 | 504,255 | 412,942 | 233,080 | 94,959 |
| total shareholders funds | 653,633 | 632,282 | 578,961 | 504,255 | 412,942 | 233,080 | 94,959 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -63,298 | 138,349 | 75,006 | 91,314 | 181,481 | 138,421 | 96,059 |
| Creditors | -84,699 | 85,028 | 300 | 1 | 1,619 | 300 | 1,200 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
nec commercial finance ltd Credit Report and Business Information
Nec Commercial Finance Ltd Competitor Analysis
Perform a competitor analysis for nec commercial finance ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in N21 area or any other competitors across 12 key performance metrics.
nec commercial finance ltd Ownership
NEC COMMERCIAL FINANCE LTD group structure
Nec Commercial Finance Ltd has no subsidiary companies.
Ultimate parent company
NEC COMMERCIAL FINANCE LTD
10650347
nec commercial finance ltd directors
Nec Commercial Finance Ltd currently has 1 director, Mr Nicholas Neophytou serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Neophytou | United Kingdom | 38 years | Mar 2017 | - | Director |
P&L
March 2024turnover
2.7m
-3%
operating profit
28.5k
0%
gross margin
20.8%
-4.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
653.6k
+0.03%
total assets
657.4k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
nec commercial finance ltd company details
company number
10650347
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
1 kings avenue, london, N21 3NA
Bank
-
Legal Advisor
-
nec commercial finance ltd 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 nec commercial finance ltd.
nec commercial finance 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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nec commercial finance ltd Companies House Filings - See Documents
| date | description | view/download |
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