partner-ships (ne) limited
partner-ships (ne) limited Company Information
Company Number
11335159
Website
-Registered Address
unit 15 bankside the watermark, bankside, gateshead, tyne and wear, NE11 9SY
Industry
Agents involved in the sale of food, beverages and tobacco
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
elaine connoly 50%
gerard connoly 50%
partner-ships (ne) limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNER-SHIPS (NE) LIMITED at £238.4k based on a Turnover of £949.5k and 0.25x industry multiple (adjusted for size and gross margin).
partner-ships (ne) limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNER-SHIPS (NE) LIMITED at £0 based on an EBITDA of £-6.1k and a 5.44x industry multiple (adjusted for size and gross margin).
partner-ships (ne) limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNER-SHIPS (NE) LIMITED at £84 based on Net Assets of £229 and 0.37x industry multiple (adjusted for liquidity).
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Partner-ships (ne) Limited Overview
Partner-ships (ne) Limited is a live company located in gateshead, NE11 9SY with a Companies House number of 11335159. It operates in the agents involved in the sale of food, beverages and tobacco sector, SIC Code 46170. Founded in April 2018, it's largest shareholder is elaine connoly with a 50% stake. Partner-ships (ne) Limited is a young, small sized company, Pomanda has estimated its turnover at £949.5k with rapid growth in recent years.
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Partner-ships (ne) Limited Health Check
Pomanda's financial health check has awarded Partner-Ships (Ne) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £949.5k, make it smaller than the average company (£11.5m)
- Partner-ships (ne) Limited
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 101%, show it is growing at a faster rate (4.7%)
- Partner-ships (ne) Limited
4.7% - Industry AVG
Production
with a gross margin of 16.9%, this company has a comparable cost of product (16.9%)
- Partner-ships (ne) Limited
16.9% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (3.3%)
- Partner-ships (ne) Limited
3.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Partner-ships (ne) Limited
17 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Partner-ships (ne) Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £474.7k, this is equally as efficient (£474.7k)
- Partner-ships (ne) Limited
£474.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Partner-ships (ne) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Partner-ships (ne) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Partner-ships (ne) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (14 weeks)
48 weeks - Partner-ships (ne) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (60.7%)
99.6% - Partner-ships (ne) Limited
60.7% - Industry AVG
PARTNER-SHIPS (NE) LIMITED financials
Partner-Ships (Ne) Limited's latest turnover from March 2023 is estimated at £949.5 thousand and the company has net assets of £229. According to their latest financial statements, Partner-Ships (Ne) Limited has 2 employees and maintains cash reserves of £39.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 2 | 2 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 11,873 | 15,830 | 5,812 | 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 | 11,873 | 15,830 | 5,812 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 1,402 | 1,025 | 0 |
| Trade Debtors | 0 | 0 | 367 | 0 | 536 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 29,334 | 17,637 | 0 |
| Cash | 39,168 | 33,671 | 18,894 | 103 | 10,846 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,168 | 33,671 | 49,997 | 18,765 | 11,382 |
| total assets | 51,041 | 49,501 | 55,809 | 18,765 | 11,382 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 192 | 2,364 | 3,017 | 0 |
| 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 | 41,702 | 27,318 | 33,262 | 14,737 | 10,484 |
| total current liabilities | 41,702 | 27,510 | 35,626 | 17,754 | 10,484 |
| 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 | 9,110 | 13,244 | 17,478 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,110 | 13,244 | 17,478 | 0 | 0 |
| total liabilities | 50,812 | 40,754 | 53,104 | 17,754 | 10,484 |
| net assets | 229 | 8,747 | 2,705 | 1,011 | 898 |
| total shareholders funds | 229 | 8,747 | 2,705 | 1,011 | 898 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,957 | 2,508 | 1,938 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | -1,402 | 377 | 1,025 | 0 |
| Debtors | 0 | -29,701 | 12,064 | 17,101 | 536 |
| Creditors | -192 | -2,172 | -653 | 3,017 | 0 |
| Accruals and Deferred Income | 14,384 | -5,944 | 18,525 | 4,253 | 10,484 |
| 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 | -4,134 | -4,234 | 17,478 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 5,497 | 14,777 | 18,791 | -10,743 | 10,846 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,497 | 14,777 | 18,791 | -10,743 | 10,846 |
partner-ships (ne) limited Credit Report and Business Information
Partner-ships (ne) Limited Competitor Analysis
Perform a competitor analysis for partner-ships (ne) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NE11 area or any other competitors across 12 key performance metrics.
partner-ships (ne) limited Ownership
PARTNER-SHIPS (NE) LIMITED group structure
Partner-Ships (Ne) Limited has no subsidiary companies.
Ultimate parent company
PARTNER-SHIPS (NE) LIMITED
11335159
partner-ships (ne) limited directors
Partner-Ships (Ne) Limited currently has 2 directors. The longest serving directors include Mr Gerard Connolly (Apr 2018) and Ms Elaine Hall (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard Connolly | United Kingdom | 63 years | Apr 2018 | - | Director |
| Ms Elaine Hall | United Kingdom | 66 years | Sep 2019 | - | Director |
P&L
March 2023turnover
949.5k
+189%
operating profit
-10.1k
0%
gross margin
17%
+1.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
229
-0.97%
total assets
51k
+0.03%
cash
39.2k
+0.16%
net assets
Total assets minus all liabilities
Similar Companies
partner-ships (ne) limited company details
company number
11335159
Type
Private limited with Share Capital
industry
46170 - Agents involved in the sale of food, beverages and tobacco
incorporation date
April 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
unit 15 bankside the watermark, bankside, gateshead, tyne and wear, NE11 9SY
accountant
-
auditor
-
partner-ships (ne) 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 partner-ships (ne) limited.
partner-ships (ne) limited Companies House Filings - See Documents
| date | description | view/download |
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