northern gateway (fec) no.1 limited

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northern gateway (fec) no.1 limited Company Information

Share NORTHERN GATEWAY (FEC) NO.1 LIMITED

Company Number

10724378

Directors

Gavin Taylor

David Chiu

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Shareholders

fec northern gateway development limited

Group Structure

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Industry

Development of building projects

 

Registered Address

northern assurance building, second floor, 9-21 princess stre, manchester, M2 4DN

northern gateway (fec) no.1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORTHERN GATEWAY (FEC) NO.1 LIMITED at £0 based on a Turnover of £0 and 0.47x industry multiple (adjusted for size and gross margin).

northern gateway (fec) no.1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORTHERN GATEWAY (FEC) NO.1 LIMITED at £0 based on an EBITDA of £-16k and a 3.7x industry multiple (adjusted for size and gross margin).

northern gateway (fec) no.1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORTHERN GATEWAY (FEC) NO.1 LIMITED at £0 based on Net Assets of £-228k and 1.41x industry multiple (adjusted for liquidity).

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Northern Gateway (fec) No.1 Limited Overview

Northern Gateway (fec) No.1 Limited is a live company located in manchester, M2 4DN with a Companies House number of 10724378. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2017, it's largest shareholder is fec northern gateway development limited with a 100% stake. Northern Gateway (fec) No.1 Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Northern Gateway (fec) No.1 Limited Health Check

There is insufficient data available to calculate a health check for Northern Gateway (Fec) No.1 Limited. Company Health Check FAQs

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 105.2%, this is a higher level of debt than the average (73.8%)

- - Northern Gateway (fec) No.1 Limited

- - Industry AVG

NORTHERN GATEWAY (FEC) NO.1 LIMITED financials

EXPORTms excel logo

Northern Gateway (Fec) No.1 Limited's latest turnover from March 2024 is 0 and the company has net assets of -£228 thousand. According to their latest financial statements, Northern Gateway (Fec) No.1 Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover6565,9025,850
Other Income Or Grants
Cost Of Sales
Gross Profit6565,9025,850
Admin Expenses15,9637,83214,75412,33213,36810,99111,794
Operating Profit-15,963-7,832-14,754-12,332-12,712-5,089-5,944
Interest Payable119,01134,3825,7815,752
Interest Receivable
Pre-Tax Profit-134,974-42,214-14,754-12,332-12,712-5,089-5,944
Tax
Profit After Tax-134,974-42,214-14,754-12,332-12,712-5,089-5,944
Dividends Paid
Retained Profit-134,974-42,214-14,754-12,332-12,712-5,089-5,944
Employee Costs
Number Of Employees4455551
EBITDA*-15,963-7,832-14,754-12,332-12,712-5,089-5,944

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress4,377,5724,093,187876,099876,099876,0991,458,8471,293,495
Trade Debtors9621,342
Group Debtors195,418202,489215,075
Misc Debtors6,9601,2321,2131,50615,33816,949
Cash
misc current assets
total current assets4,377,5724,100,1471,072,7491,079,8011,093,6421,475,5271,310,444
total assets4,377,5724,100,1471,072,7491,079,8011,093,6421,475,5271,310,444
Bank overdraft
Bank loan
Trade Creditors 7,74083,2104,462
Group/Directors Accounts4,596,1901,035,900284,799213,793
other short term finances
hp & lease commitments
other current liabilities9,4001,909,8041,123,5794,0803,60018,2263,500
total current liabilities4,605,5902,945,7041,123,5794,08011,340386,235221,755
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,247,4871,111,7971,106,0461,100,3241,094,632
provisions
total long term liabilities1,247,4871,111,7971,106,0461,100,3241,094,632
total liabilities4,605,5904,193,1911,123,5791,115,8771,117,3861,486,5591,316,387
net assets-228,018-93,044-50,830-36,076-23,744-11,032-5,943
total shareholders funds-228,018-93,044-50,830-36,076-23,744-11,032-5,943
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit-15,963-7,832-14,754-12,332-12,712-5,089-5,944
Depreciation
Amortisation
Tax
Stock284,3853,217,088-582,748165,3521,293,495
Debtors-6,960-189,690-7,052-13,841200,863-26916,949
Creditors-7,740-75,47078,7484,462
Accruals and Deferred Income-1,900,404786,2251,119,499480-14,62614,7263,500
Deferred Taxes & Provisions
Cash flow from operations-2,193,792-2,249,0051,111,797-5,751279,077-76,698-1,308,426
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts3,560,2901,035,900-284,79971,006213,793
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,247,4871,247,487-1,111,7975,7515,7225,6921,094,632
share issue1
interest-119,011-34,382-5,781-5,752
cash flow from financing2,193,7922,249,005-1,117,578-1-279,07776,6981,308,426
cash and cash equivalents
cash
overdraft
change in cash

northern gateway (fec) no.1 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 Gateway (fec) No.1 Limited Competitor Analysis

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Perform a competitor analysis for northern gateway (fec) no.1 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other young companies, companies in M 2 area or any other competitors across 12 key performance metrics.

northern gateway (fec) no.1 limited Ownership

NORTHERN GATEWAY (FEC) NO.1 LIMITED group structure

Northern Gateway (Fec) No.1 Limited has no subsidiary companies.

Ultimate parent company

FAR EAST CONSORTIUM INTERNATIONAL LTD

#0093046

2 parents

NORTHERN GATEWAY (FEC) NO.1 LIMITED

10724378

NORTHERN GATEWAY (FEC) NO.1 LIMITED Shareholders

fec northern gateway development limited 100%

northern gateway (fec) no.1 limited directors

Northern Gateway (Fec) No.1 Limited currently has 6 directors. The longest serving directors include Mr Gavin Taylor (Apr 2017) and Mr David Chiu (Jul 2017).

officercountryagestartendrole
Mr Gavin TaylorEngland45 years Apr 2017- Director
Mr David ChiuUnited Kingdom70 years Jul 2017- Director
Mr David ChiuUnited Kingdom70 years Jul 2017- Director
Mr Wai CheungUnited Kingdom54 years Sep 2019- Director
Mr Wai CheungUnited Kingdom54 years Sep 2019- Director
Ms Jennifer ChiuEngland42 years Jan 2024- Director

P&L

March 2024

turnover

0

0%

operating profit

-16k

+104%

gross margin

0%

0%

turnover

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

Balance Sheet

March 2024

net assets

-228k

+1.45%

total assets

4.4m

+0.07%

cash

0

0%

net assets

Total assets minus all liabilities

northern gateway (fec) no.1 limited company details

company number

10724378

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

April 2017

age

8

incorporated

UK

ultimate parent company

FAR EAST CONSORTIUM INTERNATIONAL LTD

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

DELOITTE LLP

address

northern assurance building, second floor, 9-21 princess stre, manchester, M2 4DN

Bank

-

Legal Advisor

-

northern gateway (fec) no.1 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 1 charges/mortgages relating to northern gateway (fec) no.1 limited. Currently there are 0 open charges and 1 have been satisfied in the past.

northern gateway (fec) no.1 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 gateway (fec) no.1 limited Companies House Filings - See Documents

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