nowfly ltd
nowfly ltd Company Information
Company Number
11438651
Next Accounts
Mar 2025
Industry
Non-scheduled passenger air transport
Shareholders
warren henry crook
a e stuart limited
View AllGroup Structure
View All
Contact
Registered Address
c/o kirkhills chartered accounta, 5 barnfield crescent, exeter, EX1 1QT
Website
-nowfly ltd Estimated Valuation
Pomanda estimates the enterprise value of NOWFLY LTD at £139.3k based on a Turnover of £331.8k and 0.42x industry multiple (adjusted for size and gross margin).
nowfly ltd Estimated Valuation
Pomanda estimates the enterprise value of NOWFLY LTD at £0 based on an EBITDA of £-198.5k and a 2.95x industry multiple (adjusted for size and gross margin).
nowfly ltd Estimated Valuation
Pomanda estimates the enterprise value of NOWFLY LTD at £0 based on Net Assets of £-442.1k and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nowfly Ltd Overview
Nowfly Ltd is a live company located in exeter, EX1 1QT with a Companies House number of 11438651. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in June 2018, it's largest shareholder is warren henry crook with a 25% stake. Nowfly Ltd is a young, micro sized company, Pomanda has estimated its turnover at £331.8k with rapid growth in recent years.
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Nowfly Ltd Health Check
Pomanda's financial health check has awarded Nowfly Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £331.8k, make it smaller than the average company (£15m)
- Nowfly Ltd
£15m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (5.5%)
- Nowfly Ltd
5.5% - Industry AVG
Production
with a gross margin of 9%, this company has a higher cost of product (15.8%)
- Nowfly Ltd
15.8% - Industry AVG
Profitability
an operating margin of -59.8% make it less profitable than the average company (3.2%)
- Nowfly Ltd
3.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (58)
1 - Nowfly Ltd
58 - Industry AVG
Pay Structure
on an average salary of £57.8k, the company has an equivalent pay structure (£57.8k)
- Nowfly Ltd
£57.8k - Industry AVG
Efficiency
resulting in sales per employee of £331.8k, this is more efficient (£264.9k)
- Nowfly Ltd
£264.9k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (26 days)
- Nowfly Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (28 days)
- Nowfly Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nowfly Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nowfly Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 179.5%, this is a higher level of debt than the average (83.9%)
179.5% - Nowfly Ltd
83.9% - Industry AVG
NOWFLY LTD financials
Nowfly Ltd's latest turnover from June 2023 is estimated at £331.8 thousand and the company has net assets of -£442.1 thousand. According to their latest financial statements, Nowfly Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 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 | 4 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 507,552 | 529,862 | 552,172 | 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 | 507,552 | 529,862 | 552,172 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 48,491 | 56,139 | 43,506 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 100 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 48,491 | 56,139 | 43,506 | 100 | 100 |
| total assets | 556,043 | 586,001 | 595,678 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 81,152 | 25,215 | 45,832 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 81,152 | 25,215 | 45,832 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 1,500 | 0 | 0 |
| other liabilities | 917,000 | 804,425 | 652,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 917,000 | 804,425 | 653,500 | 0 | 0 |
| total liabilities | 998,152 | 829,640 | 699,332 | 0 | 0 |
| net assets | -442,109 | -243,639 | -103,654 | 100 | 100 |
| total shareholders funds | -442,109 | -243,639 | -103,654 | 100 | 100 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,648 | 12,633 | 43,506 | 0 | 0 |
| Creditors | 55,937 | -20,617 | 45,832 | 0 | 0 |
| Accruals and Deferred Income | 0 | -1,500 | 1,500 | 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 | 112,575 | 152,425 | 652,000 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -100 | 0 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -100 | 0 | 100 |
nowfly ltd Credit Report and Business Information
Nowfly Ltd Competitor Analysis
Perform a competitor analysis for nowfly ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in EX1 area or any other competitors across 12 key performance metrics.
nowfly ltd Ownership
NOWFLY LTD group structure
Nowfly Ltd has no subsidiary companies.
Ultimate parent company
NOWFLY LTD
11438651
nowfly ltd directors
Nowfly Ltd currently has 4 directors. The longest serving directors include Mr Warren Crook (Jan 2021) and Mr Martin Hill (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Warren Crook | United Kingdom | 60 years | Jan 2021 | - | Director |
| Mr Martin Hill | England | 68 years | Jan 2021 | - | Director |
| Mr Rowan Carter | England | 71 years | Jan 2021 | - | Director |
| Mr Troy Stuart | England | 54 years | Jul 2023 | - | Director |
P&L
June 2023turnover
331.8k
+55%
operating profit
-198.5k
0%
gross margin
9.1%
-6.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-442.1k
+0.81%
total assets
556k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
nowfly ltd company details
company number
11438651
Type
Private limited with Share Capital
industry
51102 - Non-scheduled passenger air transport
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
sebale garden centres limited (July 2020)
accountant
KIRK HILLS
auditor
-
address
c/o kirkhills chartered accounta, 5 barnfield crescent, exeter, EX1 1QT
Bank
-
Legal Advisor
-
nowfly 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 nowfly ltd.
nowfly ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
