newrona limited
newrona limited Company Information
Company Number
11230250
Next Accounts
Nov 2024
Industry
Development of building projects
Shareholders
marta fernandez varona
gerard thomas murray
Group Structure
View All
Contact
Registered Address
essell 29 howard street, tyne and wear, north shields, NE30 1AR
Website
-newrona limited Estimated Valuation
Pomanda estimates the enterprise value of NEWRONA LIMITED at £903.8k based on a Turnover of £2.5m and 0.36x industry multiple (adjusted for size and gross margin).
newrona limited Estimated Valuation
Pomanda estimates the enterprise value of NEWRONA LIMITED at £230k based on an EBITDA of £84.8k and a 2.71x industry multiple (adjusted for size and gross margin).
newrona limited Estimated Valuation
Pomanda estimates the enterprise value of NEWRONA LIMITED at £214k based on Net Assets of £144.1k and 1.49x industry multiple (adjusted for liquidity).
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Newrona Limited Overview
Newrona Limited is a live company located in tyne and wear, north shields, NE30 1AR with a Companies House number of 11230250. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2018, it's largest shareholder is marta fernandez varona with a 50% stake. Newrona Limited is a young, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
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Newrona Limited Health Check
Pomanda's financial health check has awarded Newrona Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £2.5m, make it larger than the average company (£1.9m)
- Newrona Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (1.9%)
- Newrona Limited
1.9% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (25.4%)
- Newrona Limited
25.4% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (8.5%)
- Newrona Limited
8.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
- Newrona Limited
6 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Newrona Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £632.9k, this is more efficient (£261.1k)
- Newrona Limited
£261.1k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (31 days)
- Newrona Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (32 days)
- Newrona Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Newrona Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Newrona Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.9%, this is a similar level of debt than the average (74.4%)
77.9% - Newrona Limited
74.4% - Industry AVG
NEWRONA LIMITED financials
Newrona Limited's latest turnover from February 2023 is estimated at £2.5 million and the company has net assets of £144.1 thousand. According to their latest financial statements, we estimate that Newrona Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 650,561 | 719,520 | 91,915 | 208,620 | 629,872 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 650,561 | 719,520 | 91,915 | 208,620 | 629,872 |
| total assets | 650,561 | 719,520 | 91,915 | 208,620 | 629,872 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 506,436 | 644,061 | 478 | 119,771 | 623,538 |
| 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 | 0 | 0 | 0 | 0 |
| total current liabilities | 506,436 | 644,061 | 478 | 119,771 | 623,538 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 506,436 | 644,061 | 478 | 119,771 | 623,538 |
| net assets | 144,125 | 75,459 | 91,437 | 88,849 | 6,334 |
| total shareholders funds | 144,125 | 75,459 | 91,437 | 88,849 | 6,334 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -68,959 | 627,605 | -116,705 | -421,252 | 629,872 |
| Creditors | -137,625 | 643,583 | -119,293 | -503,767 | 623,538 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
newrona limited Credit Report and Business Information
Newrona Limited Competitor Analysis
Perform a competitor analysis for newrona limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NE30 area or any other competitors across 12 key performance metrics.
newrona limited Ownership
NEWRONA LIMITED group structure
Newrona Limited has no subsidiary companies.
Ultimate parent company
NEWRONA LIMITED
11230250
newrona limited directors
Newrona Limited currently has 3 directors. The longest serving directors include Ms Marta Varona (Feb 2018) and Mr Gerard Murray (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Marta Varona | England | 58 years | Feb 2018 | - | Director |
| Mr Gerard Murray | 61 years | Feb 2018 | - | Director | |
| Mr Michael Newcombe | England | 47 years | Feb 2018 | - | Director |
P&L
February 2023turnover
2.5m
-17%
operating profit
84.8k
0%
gross margin
9.6%
+13.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
144.1k
+0.91%
total assets
650.6k
-0.1%
cash
0
0%
net assets
Total assets minus all liabilities
newrona limited company details
company number
11230250
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
essell 29 howard street, tyne and wear, north shields, NE30 1AR
Bank
-
Legal Advisor
-
newrona 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 newrona limited.
newrona limited Companies House Filings - See Documents
| date | description | view/download |
|---|
