nini organics limited
nini organics limited Company Information
Company Number
11171574
Website
niniorganics.comRegistered Address
14 nesbit avenue, spalding, PE11 1FY
Industry
Hairdressing and other beauty treatment
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
mr alexander nicolaou 50%
mrs nicole stanton 50%
nini organics limited Estimated Valuation
Pomanda estimates the enterprise value of NINI ORGANICS LIMITED at £55.7k based on a Turnover of £76k and 0.73x industry multiple (adjusted for size and gross margin).
nini organics limited Estimated Valuation
Pomanda estimates the enterprise value of NINI ORGANICS LIMITED at £104.6k based on an EBITDA of £25.6k and a 4.08x industry multiple (adjusted for size and gross margin).
nini organics limited Estimated Valuation
Pomanda estimates the enterprise value of NINI ORGANICS LIMITED at £0 based on Net Assets of £-17.5k and 1.85x industry multiple (adjusted for liquidity).
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Nini Organics Limited Overview
Nini Organics Limited is a live company located in spalding, PE11 1FY with a Companies House number of 11171574. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in January 2018, it's largest shareholder is mr alexander nicolaou with a 50% stake. Nini Organics Limited is a young, micro sized company, Pomanda has estimated its turnover at £76k with declining growth in recent years.
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Nini Organics Limited Health Check
Pomanda's financial health check has awarded Nini Organics Limited 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
2 Strong
4 Regular
6 Weak
Size
annual sales of £76k, make it in line with the average company (£92.1k)
- Nini Organics Limited
£92.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (1.4%)
- Nini Organics Limited
1.4% - Industry AVG
Production
with a gross margin of 75.1%, this company has a comparable cost of product (75.1%)
- Nini Organics Limited
75.1% - Industry AVG
Profitability
an operating margin of 27.2% make it more profitable than the average company (6.8%)
- Nini Organics Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Nini Organics Limited
3 - Industry AVG
Pay Structure
on an average salary of £13.7k, the company has an equivalent pay structure (£13.7k)
- Nini Organics Limited
£13.7k - Industry AVG
Efficiency
resulting in sales per employee of £38k, this is equally as efficient (£33.7k)
- Nini Organics Limited
£33.7k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (35 days)
- Nini Organics Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 188 days, this is slower than average (92 days)
- Nini Organics Limited
92 days - Industry AVG
Stock Days
it holds stock equivalent to 713 days, this is more than average (56 days)
- Nini Organics Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (15 weeks)
9 weeks - Nini Organics Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.2%, this is a higher level of debt than the average (95%)
125.2% - Nini Organics Limited
95% - Industry AVG
NINI ORGANICS LIMITED financials
Nini Organics Limited's latest turnover from January 2023 is estimated at £76 thousand and the company has net assets of -£17.5 thousand. According to their latest financial statements, Nini Organics Limited has 2 employees and maintains cash reserves of £8.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| 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 | 2 | 3 | 3 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 13,017 | 17,336 | 2,472 | 721 | 0 |
| 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 | 13,017 | 17,336 | 2,472 | 721 | 0 |
| Stock & work in progress | 37,000 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,672 | 44,208 | 109,586 | 41,869 | 12,201 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,660 | 0 | 0 | 0 | 0 |
| misc current assets | 202 | 0 | 0 | 0 | 0 |
| total current assets | 56,534 | 44,208 | 109,586 | 41,869 | 12,201 |
| total assets | 69,551 | 61,544 | 112,058 | 42,590 | 12,201 |
| Bank overdraft | 2,785 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,791 | 92,674 | 104,736 | 36,995 | 12,424 |
| Group/Directors Accounts | 26,877 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,083 | 0 | 0 | 0 | 0 |
| total current liabilities | 45,536 | 92,674 | 104,736 | 36,995 | 12,424 |
| loans | 41,515 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,650 | 5,728 | 1,071 | 1,386 |
| other liabilities | 0 | 0 | 0 | 0 | 1,167 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,515 | 1,650 | 5,728 | 1,071 | 2,553 |
| total liabilities | 87,051 | 94,324 | 110,464 | 38,066 | 14,977 |
| net assets | -17,500 | -32,780 | 1,594 | 4,524 | -2,776 |
| total shareholders funds | -17,500 | -32,780 | 1,594 | 4,524 | -2,776 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 4,965 | 0 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 37,000 | 0 | 0 | 0 | 0 |
| Debtors | -33,536 | -65,378 | 67,717 | 29,668 | 12,201 |
| Creditors | -82,883 | -12,062 | 67,741 | 24,571 | 12,424 |
| Accruals and Deferred Income | 4,433 | -4,078 | 4,657 | -315 | 1,386 |
| Deferred Taxes & Provisions | 0 | 0 | 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 | 26,877 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 41,515 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -1,167 | 1,167 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 8,660 | 0 | 0 | 0 | 0 |
| overdraft | 2,785 | 0 | 0 | 0 | 0 |
| change in cash | 5,875 | 0 | 0 | 0 | 0 |
nini organics limited Credit Report and Business Information
Nini Organics Limited Competitor Analysis
Perform a competitor analysis for nini organics limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in PE11 area or any other competitors across 12 key performance metrics.
nini organics limited Ownership
NINI ORGANICS LIMITED group structure
Nini Organics Limited has no subsidiary companies.
Ultimate parent company
NINI ORGANICS LIMITED
11171574
nini organics limited directors
Nini Organics Limited currently has 2 directors. The longest serving directors include Mr Alexander Nicolaou (Jan 2018) and Mrs Nicole Stanton (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Nicolaou | England | 34 years | Jan 2018 | - | Director |
| Mrs Nicole Stanton | England | 36 years | Jan 2018 | - | Director |
P&L
January 2023turnover
76k
-45%
operating profit
20.6k
0%
gross margin
75.2%
-1.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-17.5k
-0.47%
total assets
69.6k
+0.13%
cash
8.7k
0%
net assets
Total assets minus all liabilities
Similar Companies
nini organics limited company details
company number
11171574
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
January 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
14 nesbit avenue, spalding, PE11 1FY
accountant
DMP ACCOUNTANTS LIMITED
auditor
-
nini organics 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 nini organics limited.
nini organics limited Companies House Filings - See Documents
| date | description | view/download |
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