new world designs ltd
new world designs ltd Company Information
Company Number
10691291
Website
-Registered Address
sunderland software centre, tavistock place, sunderland, SR1 1PB
Industry
Support activities to performing arts
Artistic creation
Telephone
-
Next Accounts Due
279 days late
Group Structure
View All
Directors
Ian Wright7 Years
Shareholders
ian wright 100%
new world designs ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW WORLD DESIGNS LTD at £113.2k based on a Turnover of £424.9k and 0.27x industry multiple (adjusted for size and gross margin).
new world designs ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW WORLD DESIGNS LTD at £0 based on an EBITDA of £-5.1k and a 2.01x industry multiple (adjusted for size and gross margin).
new world designs ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW WORLD DESIGNS LTD at £39.4k based on Net Assets of £62.6k and 0.63x industry multiple (adjusted for liquidity).
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New World Designs Ltd Overview
New World Designs Ltd is a live company located in sunderland, SR1 1PB with a Companies House number of 10691291. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in March 2017, it's largest shareholder is ian wright with a 100% stake. New World Designs Ltd is a young, micro sized company, Pomanda has estimated its turnover at £424.9k with declining growth in recent years.
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New World Designs Ltd Health Check
Pomanda's financial health check has awarded New World Designs Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £424.9k, make it larger than the average company (£292.7k)
- New World Designs Ltd
£292.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (0.2%)
- New World Designs Ltd
0.2% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (42.6%)
- New World Designs Ltd
42.6% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (6.2%)
- New World Designs Ltd
6.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (5)
4 - New World Designs Ltd
5 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£26.6k)
- New World Designs Ltd
£26.6k - Industry AVG
Efficiency
resulting in sales per employee of £106.2k, this is more efficient (£70.3k)
- New World Designs Ltd
£70.3k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (16 days)
- New World Designs Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (39 days)
- New World Designs Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New World Designs Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New World Designs Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.2%, this is a higher level of debt than the average (27.5%)
57.2% - New World Designs Ltd
27.5% - Industry AVG
NEW WORLD DESIGNS LTD financials
New World Designs Ltd's latest turnover from March 2022 is estimated at £424.9 thousand and the company has net assets of £62.6 thousand. According to their latest financial statements, New World Designs Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 4 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 23,767 | 43,425 | 12,930 | 16,393 | 13,012 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,767 | 43,425 | 12,930 | 16,393 | 13,012 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 118,583 | 34,939 | 13,964 | 57,294 | 10,500 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,871 | 20,607 | 247 | 0 | 0 |
| Cash | 0 | 35,794 | 64,665 | 50,320 | 4,384 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 122,454 | 91,340 | 78,876 | 107,614 | 14,884 |
| total assets | 146,221 | 134,765 | 91,806 | 124,007 | 27,896 |
| Bank overdraft | 0 | 8,333 | 2,153 | 2,153 | 1,858 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,904 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 7,271 | 147,747 | 105,790 | 25,896 |
| total current liabilities | 50,904 | 15,604 | 149,900 | 107,943 | 27,754 |
| loans | 0 | 41,667 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,100 | 0 | 0 | 0 | 0 |
| other liabilities | 31,667 | 0 | 0 | 0 | 0 |
| provisions | 0 | 8,251 | 0 | 0 | 0 |
| total long term liabilities | 32,767 | 49,918 | 0 | 0 | 0 |
| total liabilities | 83,671 | 65,522 | 149,900 | 107,943 | 27,754 |
| net assets | 62,550 | 69,243 | -58,094 | 16,064 | 142 |
| total shareholders funds | 62,550 | 69,243 | -58,094 | 16,064 | 142 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 8,971 | 6,479 | 3,903 | 2,603 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 66,908 | 41,335 | -43,083 | 46,794 | 10,500 |
| Creditors | 50,904 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -6,171 | -140,476 | 41,957 | 79,894 | 25,896 |
| Deferred Taxes & Provisions | -8,251 | 8,251 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -41,667 | 41,667 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 31,667 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -35,794 | -28,871 | 14,345 | 45,936 | 4,384 |
| overdraft | -8,333 | 6,180 | 0 | 295 | 1,858 |
| change in cash | -27,461 | -35,051 | 14,345 | 45,641 | 2,526 |
new world designs ltd Credit Report and Business Information
New World Designs Ltd Competitor Analysis
Perform a competitor analysis for new world designs ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SR1 area or any other competitors across 12 key performance metrics.
new world designs ltd Ownership
NEW WORLD DESIGNS LTD group structure
New World Designs Ltd has no subsidiary companies.
Ultimate parent company
NEW WORLD DESIGNS LTD
10691291
new world designs ltd directors
New World Designs Ltd currently has 1 director, Mr Ian Wright serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Wright | United Kingdom | 48 years | Mar 2017 | - | Director |
P&L
March 2022turnover
424.9k
+122%
operating profit
-5.1k
0%
gross margin
13.7%
+2.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
62.6k
-0.1%
total assets
146.2k
+0.09%
cash
0
-1%
net assets
Total assets minus all liabilities
new world designs ltd company details
company number
10691291
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
90030 - Artistic creation
incorporation date
March 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2022
address
sunderland software centre, tavistock place, sunderland, SR1 1PB
accountant
-
auditor
-
new world designs 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 new world designs ltd.
new world designs ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
