
Company Number
11348031
Next Accounts
17 days late
Directors
Shareholders
stephen jonathan morrell
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
11 clifton moor business village, james nicolson link, clifton moor, york, YO30 4XG
Website
noirdevelopments.co.ukPomanda 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).
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).
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 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
1 Strong
3 Regular
5 Weak
Size
annual sales of £204.3k, make it smaller than the average company (£463.6k)
- 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%)
- 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%)
- Noir Developments Ltd
20.8% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (5.6%)
- 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)
- Noir Developments Ltd
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £204.3k, this is equally as efficient (£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'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 | |||||
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 | 1 | 2 | |||
EBITDA* |
* 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 | |||||
Depreciation | |||||
Amortisation | |||||
Tax | |||||
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 | |||||
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 | |||||
interest | |||||
cash flow from financing | |||||
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 |
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 group structure
Noir Developments Ltd has no subsidiary companies.
Ultimate parent company
NOIR DEVELOPMENTS LTD
11348031
Noir Developments Ltd currently has 1 director, Mr Stephen Morrell serving since May 2018.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Morrell | United Kingdom | 57 years | May 2018 | - | Director |
P&L
July 2023turnover
204.3k
-13%
operating profit
28.3k
0%
gross margin
20.8%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-108.1k
-0.14%
total assets
2.5k
+0.48%
cash
2.5k
+5.78%
net assets
Total assets minus all liabilities
company number
11348031
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
MORRELL MIDDLETON AUDITORS LTD
auditor
-
address
11 clifton moor business village, james nicolson link, clifton moor, york, YO30 4XG
Bank
-
Legal Advisor
-
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.
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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