Pomanda estimates the enterprise value of NEXT WEALTH LTD at £488.9k based on a Turnover of £980.7k and 0.5x industry multiple (adjusted for size and gross margin).
next wealth ltdEstimated Valuation
£76.1k
Pomanda estimates the enterprise value of NEXT WEALTH LTD at £76.1k based on an EBITDA of £21.1k and a 3.61x industry multiple (adjusted for size and gross margin).
next wealth ltdEstimated Valuation
£123k
Pomanda estimates the enterprise value of NEXT WEALTH LTD at £123k based on Net Assets of £57.9k and 2.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Next Wealth LtdOverview
Next Wealth Ltd is a live company located in london, EC2R 8EJ with a Companies House number of 11031595. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in October 2017, it's largest shareholder is
heather anne hopkins
with a 100% stake. Next Wealth Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£980.7k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Next Wealth Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £980.7k, make it smaller than the average company (£5.1m)
£980.7k - Next Wealth Ltd
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (9.9%)
45% - Next Wealth Ltd
9.9% - Industry AVG
Production
with a gross margin of 62.5%, this company has a comparable cost of product (62.5%)
62.5% - Next Wealth Ltd
62.5% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (7%)
0.5% - Next Wealth Ltd
7% - Industry AVG
Employees
with 6 employees, this is below the industry average (32)
6 - Next Wealth Ltd
32 - Industry AVG
Pay Structure
on an average salary of £59.3k, the company has an equivalent pay structure (£59.3k)
£59.3k - Next Wealth Ltd
£59.3k - Industry AVG
Efficiency
resulting in sales per employee of £163.5k, this is more efficient (£132.6k)
£163.5k - Next Wealth Ltd
£132.6k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (64 days)
91 days - Next Wealth Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (32 days)
19 days - Next Wealth Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Next Wealth Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is average cash available to meet short term requirements (21 weeks)
21 weeks - Next Wealth Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.7%, this is a higher level of debt than the average (55.9%)
87.7% - Next Wealth Ltd
55.9% - Industry AVG
NEXT WEALTH LTD financials
EXPORT
Next Wealth Ltd's latest turnover from March 2024 is estimated at £980.7 thousand and the company has net assets of £57.9 thousand. According to their latest financial statements, Next Wealth Ltd has 6 employees and maintains cash reserves of £166 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
980,735
765,551
426,551
323,572
238,325
180,271
Other Income Or Grants
Cost Of Sales
367,537
323,317
165,844
127,634
92,728
66,043
Gross Profit
613,198
442,234
260,707
195,938
145,596
114,228
Admin Expenses
608,636
463,815
237,088
210,474
136,655
43,466
Operating Profit
4,562
-21,581
23,619
-14,536
8,941
70,762
Interest Payable
3,244
3,801
2,785
1,373
Interest Receivable
8,956
8,539
1,350
115
88
296
Pre-Tax Profit
10,275
-16,843
22,184
-15,794
9,028
71,058
Tax
-2,569
-4,215
-1,715
-13,501
Profit After Tax
7,706
-16,843
17,969
-15,794
7,313
57,557
Dividends Paid
Retained Profit
7,706
-16,843
17,969
-15,794
7,313
57,557
Employee Costs
355,502
326,244
254,820
195,385
197,953
158,757
Number Of Employees
6
6
5
4
4
3
EBITDA*
21,071
-11,013
29,609
-1,888
17,514
72,002
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
7,975
10,790
6,502
6,612
3,723
11,498
Intangible Assets
9,907
20,256
10,791
2,519
12,046
2,376
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
17,882
31,046
17,293
9,131
15,769
13,874
Stock & work in progress
Trade Debtors
246,867
183,825
91,121
66,702
35,573
28,292
Group Debtors
Misc Debtors
39,753
9,752
4,455
14,645
26,865
6,056
Cash
166,021
175,175
226,648
133,360
96,402
78,851
misc current assets
total current assets
452,641
368,752
322,224
214,707
158,840
113,199
total assets
470,523
399,798
339,517
223,838
174,609
127,073
Bank overdraft
10,515
17,148
9,008
7,500
Bank loan
Trade Creditors
19,581
36,246
2,344
22,930
1,800
1,607
Group/Directors Accounts
4,549
10,789
2,378
15,203
3,118
other short term finances
hp & lease commitments
other current liabilities
372,018
272,152
221,830
104,453
92,735
64,790
total current liabilities
402,114
330,095
243,971
137,261
109,738
69,515
loans
10,500
19,500
28,500
37,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
10,500
19,500
28,500
37,500
total liabilities
412,614
349,595
272,471
174,761
109,738
69,515
net assets
57,909
50,203
67,046
49,077
64,871
57,558
total shareholders funds
57,909
50,203
67,046
49,077
64,871
57,558
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
4,562
-21,581
23,619
-14,536
8,941
70,762
Depreciation
6,160
5,173
3,471
3,121
1,564
1,240
Amortisation
10,349
5,395
2,519
9,527
7,009
Tax
-2,569
-4,215
-1,715
-13,501
Stock
Debtors
93,043
98,001
14,229
18,909
28,090
34,348
Creditors
-16,665
33,902
-20,586
21,130
193
1,607
Accruals and Deferred Income
99,866
50,322
117,377
11,718
27,945
64,790
Deferred Taxes & Provisions
Cash flow from operations
8,660
-24,790
107,956
12,051
15,847
90,550
Investing Activities
capital expenditure
-3,345
-24,321
-14,152
-6,010
-10,468
-15,114
Change in Investments
cash flow from investments
-3,345
-24,321
-14,152
-6,010
-10,468
-15,114
Financing Activities
Bank loans
Group/Directors Accounts
-4,549
-6,240
8,411
-12,825
12,085
3,118
Other Short Term Loans
Long term loans
-9,000
-9,000
-9,000
37,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
5,712
4,738
-1,435
-1,258
88
296
cash flow from financing
-7,837
-10,502
-2,024
23,417
12,173
3,415
cash and cash equivalents
cash
-9,154
-51,473
93,288
36,958
17,551
78,851
overdraft
-6,633
8,140
1,508
7,500
change in cash
-2,521
-59,613
91,780
29,458
17,551
78,851
next wealth ltd 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 next wealth ltd. Get real-time insights into next wealth ltd's credit score, group structure and payment trends.
Perform a competitor analysis for next wealth ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2R area or any other competitors across 12 key performance metrics.
next wealth ltd Ownership
NEXT WEALTH LTD group structure
Next Wealth Ltd has no subsidiary companies.
Ultimate parent company
NEXT WEALTH LTD
11031595
NEXT WEALTH LTD Shareholders
The sole shareholder of Next Wealth Ltd is Heather Anne Hopkins.
heather anne hopkins
100%
next wealth ltd directors
Next Wealth Ltd currently has 1 director, Ms Heather Hopkins serving since Oct 2017.
70229 - Management consultancy activities (other than financial management)
73200 - Market research and public opinion polling
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
we work no 1 poultry 1 poultry, london, EC2R 8EJ
Bank
-
Legal Advisor
-
next wealth 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 next wealth ltd.
next wealth 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.
Click to start generating capital raising & share issue transactions for NEXT WEALTH LTD. This can take several minutes, an email will notify you when this has completed.
next wealth ltdCompanies House Filings - See Documents
