Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
1 three acres lane, cheadle hulme, cheadle, cheshire, SK8 6GS
Website
-
nik's places limitedEstimated Valuation
£142.1k
Pomanda estimates the enterprise value of NIK'S PLACES LIMITED at £142.1k based on a Turnover of £58.8k and 2.42x industry multiple (adjusted for size and gross margin).
nik's places limitedEstimated Valuation
£101.5k
Pomanda estimates the enterprise value of NIK'S PLACES LIMITED at £101.5k based on an EBITDA of £21.5k and a 4.73x industry multiple (adjusted for size and gross margin).
nik's places limitedEstimated Valuation
£88.8k
Pomanda estimates the enterprise value of NIK'S PLACES LIMITED at £88.8k based on Net Assets of £50.9k and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nik's Places LimitedOverview
Nik's Places Limited is a live company located in cheadle, SK8 6GS with a Companies House number of 10838885. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2017, it's largest shareholder is
arun bala sood
with a 40% stake. Nik's Places Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£58.8k with
high
growth in recent years.
Pomanda's financial health check has awarded Nik'S Places Limited 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
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £58.8k, make it smaller than the average company (£953.3k)
£58.8k - Nik's Places Limited
£953.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.6%)
19% - Nik's Places Limited
5.6% - Industry AVG
Production
with a gross margin of 31.4%, this company has a higher cost of product (73%)
31.4% - Nik's Places Limited
73% - Industry AVG
Profitability
an operating margin of 36.6% make it more profitable than the average company (28.7%)
36.6% - Nik's Places Limited
28.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Nik's Places Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
£33.6k - Nik's Places Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £58.8k, this is less efficient (£191.7k)
£58.8k - Nik's Places Limited
£191.7k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (31 days)
75 days - Nik's Places Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (38 days)
114 days - Nik's Places Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nik's Places Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nik's Places Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a higher level of debt than the average (69.5%)
90% - Nik's Places Limited
69.5% - Industry AVG
NIK'S PLACES LIMITED financials
EXPORT
Nik'S Places Limited's latest turnover from June 2024 is estimated at £58.8 thousand and the company has net assets of £50.9 thousand. According to their latest financial statements, Nik'S Places Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Turnover
58,773
35,491
54,207
34,745
50,440
31,743
Other Income Or Grants
Cost Of Sales
40,303
24,829
38,417
25,072
35,508
22,375
Gross Profit
18,470
10,663
15,790
9,672
14,932
9,368
Admin Expenses
-3,011
-3,269
4,637
3,581
8,604
3,464
-472
Operating Profit
21,481
13,932
11,153
6,091
6,328
5,904
472
Interest Payable
Interest Receivable
25
17
Pre-Tax Profit
21,481
13,932
11,153
6,091
6,328
5,930
489
Tax
-5,370
-3,483
-2,119
-1,157
-1,202
-1,127
-93
Profit After Tax
16,111
10,449
9,034
4,934
5,126
4,803
396
Dividends Paid
Retained Profit
16,111
10,449
9,034
4,934
5,126
4,803
396
Employee Costs
33,617
31,195
30,378
27,657
28,144
28,228
Number Of Employees
1
1
1
1
1
1
EBITDA*
21,481
13,932
11,153
6,091
6,328
5,904
472
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Tangible Assets
494,362
494,362
494,362
327,846
327,846
327,846
182,090
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
494,362
494,362
494,362
327,846
327,846
327,846
182,090
Stock & work in progress
Trade Debtors
12,223
5,410
13,362
5,958
10,835
7,484
Group Debtors
Misc Debtors
156
Cash
6,731
misc current assets
total current assets
12,223
5,410
13,362
5,958
10,835
7,484
6,887
total assets
506,585
499,772
507,724
333,804
338,681
335,330
188,977
Bank overdraft
Bank loan
Trade Creditors
12,684
11,982
11,319
12,949
10,760
2,535
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
6,666
total current liabilities
12,684
11,982
11,319
12,949
10,760
2,535
6,666
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
443,048
453,048
472,112
305,596
317,596
327,596
181,815
provisions
total long term liabilities
443,048
453,048
472,112
305,596
317,596
327,596
181,815
total liabilities
455,732
465,030
483,431
318,545
328,356
330,131
188,481
net assets
50,853
34,742
24,293
15,259
10,325
5,199
496
total shareholders funds
50,853
34,742
24,293
15,259
10,325
5,199
496
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Operating Activities
Operating Profit
21,481
13,932
11,153
6,091
6,328
5,904
472
Depreciation
Amortisation
Tax
-5,370
-3,483
-2,119
-1,157
-1,202
-1,127
-93
Stock
Debtors
6,813
-7,952
7,404
-4,877
3,351
7,328
156
Creditors
702
663
-1,630
2,189
8,225
2,535
Accruals and Deferred Income
-6,666
6,666
Deferred Taxes & Provisions
Cash flow from operations
10,000
19,064
12,000
10,000
-6,682
6,889
Investing Activities
capital expenditure
-166,516
-145,756
-182,090
Change in Investments
cash flow from investments
-166,516
-145,756
-182,090
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,000
-19,064
166,516
-12,000
-10,000
145,781
181,815
share issue
-100
100
interest
25
17
cash flow from financing
-10,000
-19,064
166,516
-12,000
-10,000
145,706
181,932
cash and cash equivalents
cash
-6,731
6,731
overdraft
change in cash
-6,731
6,731
nik's places limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nik's places limited. Get real-time insights into nik's places limited's credit score, group structure and payment trends.
Perform a competitor analysis for nik's places limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK8 area or any other competitors across 12 key performance metrics.
nik's places limited Ownership
NIK'S PLACES LIMITED group structure
Nik'S Places Limited has no subsidiary companies.
Ultimate parent company
NIK'S PLACES LIMITED
10838885
NIK'S PLACES LIMITED Shareholders
The largest shareholders in Nik'S Places Limited include Arun Bala Sood and Sunil Sood.
arun bala sood
40%
sunil sood
40%
nikhil sood
10%
nikita sood
10%
nik's places limited directors
Nik'S Places Limited currently has 1 director, Mr Sunil Sood serving since Jun 2017.
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
OPTIMUM VALUE ADDED LIMITED
auditor
-
address
1 three acres lane, cheadle hulme, cheadle, cheshire, SK8 6GS
Bank
-
Legal Advisor
-
nik's places 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 nik's places limited.
nik's places 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.
Click to start generating capital raising & share issue transactions for NIK'S PLACES LIMITED. This can take several minutes, an email will notify you when this has completed.
nik's places limitedCompanies House Filings - See Documents
