narmis plumbing, heating & gas ltd
narmis plumbing, heating & gas ltd Company Information
Company Number
11549420
Website
narmis.co.ukRegistered Address
unit 1, ground floor business park, gravesend, kent, DA12 2PG
Industry
Plumbing, heat and air-conditioning installation
Telephone
442037402844
Next Accounts Due
82 days late
Group Structure
View All
Directors
Palwinder Tehara6 Years
Shareholders
palwinder tehara 99%
simran tehara 1%
narmis plumbing, heating & gas ltd Estimated Valuation
Pomanda estimates the enterprise value of NARMIS PLUMBING, HEATING & GAS LTD at £49.4k based on a Turnover of £138.3k and 0.36x industry multiple (adjusted for size and gross margin).
narmis plumbing, heating & gas ltd Estimated Valuation
Pomanda estimates the enterprise value of NARMIS PLUMBING, HEATING & GAS LTD at £73.7k based on an EBITDA of £19.5k and a 3.78x industry multiple (adjusted for size and gross margin).
narmis plumbing, heating & gas ltd Estimated Valuation
Pomanda estimates the enterprise value of NARMIS PLUMBING, HEATING & GAS LTD at £0 based on Net Assets of £-40.9k and 2.3x industry multiple (adjusted for liquidity).
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Narmis Plumbing, Heating & Gas Ltd Overview
Narmis Plumbing, Heating & Gas Ltd is a live company located in gravesend, DA12 2PG with a Companies House number of 11549420. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in September 2018, it's largest shareholder is palwinder tehara with a 99% stake. Narmis Plumbing, Heating & Gas Ltd is a young, micro sized company, Pomanda has estimated its turnover at £138.3k with rapid growth in recent years.
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Narmis Plumbing, Heating & Gas Ltd Health Check
Pomanda's financial health check has awarded Narmis Plumbing, Heating & Gas Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £138.3k, make it smaller than the average company (£376.7k)
- Narmis Plumbing, Heating & Gas Ltd
£376.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (2.7%)
- Narmis Plumbing, Heating & Gas Ltd
2.7% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (28.2%)
- Narmis Plumbing, Heating & Gas Ltd
28.2% - Industry AVG
Profitability
an operating margin of 14.1% make it more profitable than the average company (7.1%)
- Narmis Plumbing, Heating & Gas Ltd
7.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Narmis Plumbing, Heating & Gas Ltd
5 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Narmis Plumbing, Heating & Gas Ltd
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £46.1k, this is less efficient (£112.2k)
- Narmis Plumbing, Heating & Gas Ltd
£112.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (60 days)
- Narmis Plumbing, Heating & Gas Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (47 days)
- Narmis Plumbing, Heating & Gas Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Narmis Plumbing, Heating & Gas Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Narmis Plumbing, Heating & Gas Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211.2%, this is a higher level of debt than the average (66.2%)
211.2% - Narmis Plumbing, Heating & Gas Ltd
66.2% - Industry AVG
NARMIS PLUMBING, HEATING & GAS LTD financials
Narmis Plumbing, Heating & Gas Ltd's latest turnover from September 2022 is estimated at £138.3 thousand and the company has net assets of -£40.9 thousand. According to their latest financial statements, Narmis Plumbing, Heating & Gas Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 3 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| Tangible Assets | 14,496 | 19,243 | 8,069 | 9,676 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,496 | 19,243 | 8,069 | 9,676 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,224 | 6,966 | 33,636 | 2,379 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 406 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 22,224 | 6,966 | 34,042 | 2,379 |
| total assets | 36,720 | 26,209 | 42,111 | 12,055 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 44,241 | 32,849 | 41,320 | 15,993 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 44,241 | 32,849 | 41,320 | 15,993 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 33,331 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,331 | 50,000 | 0 | 0 |
| total liabilities | 77,572 | 82,849 | 41,320 | 15,993 |
| net assets | -40,852 | -56,640 | 791 | -3,938 |
| total shareholders funds | -40,852 | -56,640 | 791 | -3,938 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 15,258 | -27,076 | 31,663 | 2,379 |
| Creditors | 11,392 | -8,471 | 25,327 | 15,993 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -16,669 | 50,000 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
narmis plumbing, heating & gas ltd Credit Report and Business Information
Narmis Plumbing, Heating & Gas Ltd Competitor Analysis
Perform a competitor analysis for narmis plumbing, heating & gas ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in DA12 area or any other competitors across 12 key performance metrics.
narmis plumbing, heating & gas ltd Ownership
NARMIS PLUMBING, HEATING & GAS LTD group structure
Narmis Plumbing, Heating & Gas Ltd has no subsidiary companies.
Ultimate parent company
NARMIS PLUMBING, HEATING & GAS LTD
11549420
narmis plumbing, heating & gas ltd directors
Narmis Plumbing, Heating & Gas Ltd currently has 1 director, Mr Palwinder Tehara serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Palwinder Tehara | England | 36 years | Sep 2018 | - | Director |
P&L
September 2022turnover
138.3k
+119%
operating profit
19.5k
0%
gross margin
17.5%
+2.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-40.9k
-0.28%
total assets
36.7k
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
narmis plumbing, heating & gas ltd company details
company number
11549420
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
September 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2022
address
unit 1, ground floor business park, gravesend, kent, DA12 2PG
accountant
-
auditor
-
narmis plumbing, heating & gas 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 narmis plumbing, heating & gas ltd.
narmis plumbing, heating & gas ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
