nearer ltd
nearer ltd Company Information
Company Number
11406934
Next Accounts
Sep 2025
Shareholders
toby robertson
josceline percy
View AllGroup Structure
View All
Industry
Web portals
Registered Address
20-22 wenlock road, london, N1 7GU
Website
nearer.comnearer ltd Estimated Valuation
Pomanda estimates the enterprise value of NEARER LTD at £24.8k based on a Turnover of £42k and 0.59x industry multiple (adjusted for size and gross margin).
nearer ltd Estimated Valuation
Pomanda estimates the enterprise value of NEARER LTD at £0 based on an EBITDA of £-21.6k and a 3.54x industry multiple (adjusted for size and gross margin).
nearer ltd Estimated Valuation
Pomanda estimates the enterprise value of NEARER LTD at £0 based on Net Assets of £-39.1k and 2.18x industry multiple (adjusted for liquidity).
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Nearer Ltd Overview
Nearer Ltd is a live company located in london, N1 7GU with a Companies House number of 11406934. It operates in the web portals sector, SIC Code 63120. Founded in June 2018, it's largest shareholder is toby robertson with a 49.5% stake. Nearer Ltd is a young, micro sized company, Pomanda has estimated its turnover at £42k with rapid growth in recent years.
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Nearer Ltd Health Check
Pomanda's financial health check has awarded Nearer Ltd a 1.5 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
2 Regular
6 Weak
Size
annual sales of £42k, make it smaller than the average company (£4.1m)
- Nearer Ltd
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 136%, show it is growing at a faster rate (9.9%)
- Nearer Ltd
9.9% - Industry AVG
Production
with a gross margin of 31.2%, this company has a higher cost of product (53.7%)
- Nearer Ltd
53.7% - Industry AVG
Profitability
an operating margin of -51.5% make it less profitable than the average company (2.6%)
- Nearer Ltd
2.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Nearer Ltd
25 - Industry AVG
Pay Structure
on an average salary of £59.6k, the company has an equivalent pay structure (£59.6k)
- Nearer Ltd
£59.6k - Industry AVG
Efficiency
resulting in sales per employee of £42k, this is less efficient (£162.5k)
- Nearer Ltd
£162.5k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (32 days)
- Nearer Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 557 days, this is slower than average (37 days)
- Nearer Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nearer Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nearer Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 883.9%, this is a higher level of debt than the average (65.3%)
883.9% - Nearer Ltd
65.3% - Industry AVG
NEARER LTD financials
Nearer Ltd's latest turnover from December 2023 is estimated at £42 thousand and the company has net assets of -£39.1 thousand. According to their latest financial statements, Nearer Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 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 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,800 | 3,969 | 4,416 | 2,810 | 3,536 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1,800 | 3,969 | 4,416 | 2,810 | 3,536 |
| Stock & work in progress | |||||
| Trade Debtors | 3,194 | 1,253 | 2,330 | 1,397 | 815 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 3,194 | 1,253 | 2,330 | 1,397 | 815 |
| total assets | 4,994 | 5,222 | 6,746 | 4,207 | 4,351 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 44,142 | 22,725 | 119 | 1,598 | 428 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 44,142 | 22,725 | 119 | 1,598 | 428 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 14,047 | 13,699 | 7,933 | ||
| provisions | |||||
| total long term liabilities | 14,047 | 13,699 | 7,933 | ||
| total liabilities | 44,142 | 22,725 | 14,166 | 15,297 | 8,361 |
| net assets | -39,148 | -17,503 | -7,420 | -11,090 | -4,010 |
| total shareholders funds | -39,148 | -17,503 | -7,420 | -11,090 | -4,010 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 1,941 | -1,077 | 933 | 582 | 815 |
| Creditors | 21,417 | 22,606 | -1,479 | 1,170 | 428 |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -14,047 | 348 | 5,766 | 7,933 | |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
nearer ltd Credit Report and Business Information
Nearer Ltd Competitor Analysis
Perform a competitor analysis for nearer ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
nearer ltd Ownership
NEARER LTD group structure
Nearer Ltd has no subsidiary companies.
Ultimate parent company
NEARER LTD
11406934
nearer ltd directors
Nearer Ltd currently has 2 directors. The longest serving directors include Mr Toby Robertson (Jun 2018) and Mr Josceline Percy (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Toby Robertson | England | 55 years | Jun 2018 | - | Director |
| Mr Josceline Percy | England | 53 years | Jul 2019 | - | Director |
P&L
December 2023turnover
42k
+78%
operating profit
-21.6k
0%
gross margin
31.3%
+3.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-39.1k
+1.24%
total assets
5k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
nearer ltd company details
company number
11406934
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
20-22 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
nearer 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 nearer ltd.
nearer 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.
Click to start generating capital raising & share issue transactions for NEARER LTD. This can take several minutes, an email will notify you when this has completed.
nearer ltd Companies House Filings - See Documents
| date | description | view/download |
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