Pomanda estimates the enterprise value of NOIR DEVELOPMENTS LTD at £76.6k based on a Turnover of £204.3k and 0.37x industry multiple (adjusted for size and gross margin).
noir developments ltdEstimated Valuation
£93.9k
Pomanda estimates the enterprise value of NOIR DEVELOPMENTS LTD at £93.9k based on an EBITDA of £28.3k and a 3.32x industry multiple (adjusted for size and gross margin).
noir developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NOIR DEVELOPMENTS LTD at £0 based on Net Assets of £-108.1k and 1.33x industry multiple (adjusted for liquidity).
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Noir Developments LtdOverview
Noir Developments Ltd is a live company located in clifton moor, YO30 4XG with a Companies House number of 11348031. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2018, it's largest shareholder is
stephen jonathan morrell
with a 100% stake. Noir Developments Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£204.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Noir Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £204.3k, make it smaller than the average company (£463.6k)
£204.3k - Noir Developments Ltd
£463.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (8.4%)
-52% - Noir Developments Ltd
8.4% - Industry AVG
Production
with a gross margin of 20.8%, this company has a comparable cost of product (20.8%)
20.8% - Noir Developments Ltd
20.8% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (5.6%)
13.9% - Noir Developments Ltd
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Noir Developments Ltd
3 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
£43.3k - Noir Developments Ltd
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £204.3k, this is equally as efficient (£204.3k)
£204.3k - Noir Developments Ltd
£204.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Noir Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Noir Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Noir Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Noir Developments Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4465.9%, this is a higher level of debt than the average (71.7%)
4465.9% - Noir Developments Ltd
71.7% - Industry AVG
NOIR DEVELOPMENTS LTD financials
EXPORT
Noir Developments Ltd's latest turnover from July 2023 is estimated at £204.3 thousand and the company has net assets of -£108.1 thousand. According to their latest financial statements, Noir Developments Ltd has 1 employee and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Turnover
204,277
235,736
168,972
1,819,030
1,001,254
Other Income Or Grants
Cost Of Sales
161,810
186,788
137,204
1,460,544
786,517
Gross Profit
42,467
48,948
31,768
358,486
214,737
Admin Expenses
14,182
119,181
175,876
245,469
152,821
Operating Profit
28,285
-70,233
-144,108
113,017
61,916
Interest Payable
4,685
4,688
29,413
26,852
Interest Receivable
71
1,049
102
93
566
Pre-Tax Profit
23,671
-73,871
-173,419
86,258
62,483
Tax
-5,918
-16,389
-11,872
Profit After Tax
17,753
-73,871
-173,419
69,869
50,611
Dividends Paid
Retained Profit
17,753
-73,871
-173,419
69,869
50,611
Employee Costs
43,301
83,455
38,142
377,343
168,646
Number Of Employees
1
2
1
10
4
EBITDA*
28,285
-70,233
-144,108
113,017
61,916
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
107,798
Total Fixed Assets
107,798
Stock & work in progress
900,000
100,000
Trade Debtors
4,501
220,000
36,289
Group Debtors
Misc Debtors
224
9,000
Cash
2,475
365
167,553
35,636
151,029
misc current assets
1,308
total current assets
2,475
1,673
172,278
1,164,636
287,318
total assets
2,475
1,673
280,076
1,164,636
287,318
Bank overdraft
Bank loan
533,973
Trade Creditors
12,000
26,634
102,703
191,871
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
70,717
70,113
222,434
61,055
total current liabilities
70,717
82,113
249,068
697,731
191,871
loans
39,815
45,370
83,947
346,425
hp & lease commitments
Accruals and Deferred Income
other liabilities
44,836
provisions
total long term liabilities
39,815
45,370
83,947
346,425
44,836
total liabilities
110,532
127,483
333,015
1,044,156
236,707
net assets
-108,057
-125,810
-52,939
120,480
50,611
total shareholders funds
-108,057
-125,810
-52,939
120,480
50,611
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Operating Activities
Operating Profit
28,285
-70,233
-144,108
113,017
61,916
Depreciation
Amortisation
Tax
-5,918
-16,389
-11,872
Stock
-900,000
800,000
100,000
Debtors
-112,523
-116,477
192,711
36,289
Creditors
-12,000
-14,634
-76,069
-89,168
191,871
Accruals and Deferred Income
604
-152,321
161,379
61,055
Deferred Taxes & Provisions
Cash flow from operations
10,971
-124,665
957,679
-924,196
105,626
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-533,973
533,973
Group/Directors Accounts
Other Short Term Loans
Long term loans
-5,555
-38,577
-262,478
346,425
Hire Purchase and Lease Commitments
other long term liabilities
-44,836
44,836
share issue
1,000
interest
-4,614
-3,639
-29,311
-26,759
566
cash flow from financing
-10,169
-41,216
-825,762
808,803
45,402
cash and cash equivalents
cash
2,110
-167,188
131,917
-115,393
151,029
overdraft
change in cash
2,110
-167,188
131,917
-115,393
151,029
noir developments 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 noir developments ltd. Get real-time insights into noir developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for noir developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in YO30 area or any other competitors across 12 key performance metrics.
noir developments ltd Ownership
NOIR DEVELOPMENTS LTD group structure
Noir Developments Ltd has no subsidiary companies.
Ultimate parent company
NOIR DEVELOPMENTS LTD
11348031
NOIR DEVELOPMENTS LTD Shareholders
The sole shareholder of Noir Developments Ltd is Stephen Jonathan Morrell.
stephen jonathan morrell
100%
noir developments ltd directors
Noir Developments Ltd currently has 1 director, Mr Stephen Morrell serving since May 2018.
11 clifton moor business village, james nicolson link, clifton moor, york, YO30 4XG
Bank
-
Legal Advisor
-
noir developments 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 noir developments ltd.
noir developments 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.
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noir developments ltdCompanies House Filings - See Documents
