nuforme ltd

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nuforme ltd Company Information

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Company Number

11791253

Directors

Rakhee James

Shareholders

rakhee james

Group Structure

View All

Industry

Joinery installation

 

Registered Address

8 uphill road, london, NW7 4RB

Website

-

nuforme ltd Estimated Valuation

£441.3k

Pomanda estimates the enterprise value of NUFORME LTD at £441.3k based on a Turnover of £2.2m and 0.2x industry multiple (adjusted for size and gross margin).

nuforme ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of NUFORME LTD at £0 based on an EBITDA of £-9.9k and a 2.83x industry multiple (adjusted for size and gross margin).

nuforme ltd Estimated Valuation

£212.2k

Pomanda estimates the enterprise value of NUFORME LTD at £212.2k based on Net Assets of £117.3k and 1.81x industry multiple (adjusted for liquidity).

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Nuforme Ltd Overview

Nuforme Ltd is a live company located in london, NW7 4RB with a Companies House number of 11791253. It operates in the joinery installation sector, SIC Code 43320. Founded in January 2019, it's largest shareholder is rakhee james with a 100% stake. Nuforme Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.

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Nuforme Ltd Health Check

Pomanda's financial health check has awarded Nuforme Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.2m, make it larger than the average company (£209k)

£2.2m - Nuforme Ltd

£209k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (13%)

37% - Nuforme Ltd

13% - Industry AVG

production

Production

with a gross margin of 19.8%, this company has a higher cost of product (30.4%)

19.8% - Nuforme Ltd

30.4% - Industry AVG

profitability

Profitability

an operating margin of -0.6% make it less profitable than the average company (8.9%)

-0.6% - Nuforme Ltd

8.9% - Industry AVG

employees

Employees

with 4 employees, this is above the industry average (2)

4 - Nuforme Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)

£26.9k - Nuforme Ltd

£26.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £538.8k, this is more efficient (£108.9k)

£538.8k - Nuforme Ltd

£108.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (48 days)

102 days - Nuforme Ltd

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 105 days, this is slower than average (35 days)

105 days - Nuforme Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nuforme Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (31 weeks)

3 weeks - Nuforme Ltd

31 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.9%, this is a higher level of debt than the average (52.2%)

81.9% - Nuforme Ltd

52.2% - Industry AVG

NUFORME LTD financials

EXPORTms excel logo

Nuforme Ltd's latest turnover from May 2024 is estimated at £2.2 million and the company has net assets of £117.3 thousand. According to their latest financial statements, Nuforme Ltd has 4 employees and maintains cash reserves of £35.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024Jan 2023Jan 2022Jan 2021Jan 2020
Turnover2,155,2661,330,412774,210841,284493,849
Other Income Or Grants
Cost Of Sales1,729,3471,106,897658,438693,976413,555
Gross Profit425,920223,514115,773147,30980,294
Admin Expenses438,553260,88562,82167,75222,237
Operating Profit-12,633-37,37152,95279,55758,057
Interest Payable
Interest Receivable8,0944,78555221
Pre-Tax Profit-4,539-32,58653,00779,57958,058
Tax-10,071-15,120-11,031
Profit After Tax-4,539-32,58642,93664,45947,027
Dividends Paid
Retained Profit-4,539-32,58642,93664,45947,027
Employee Costs107,538115,64582,53370,90138,492
Number Of Employees44331
EBITDA*-9,948-33,87456,24679,55758,057

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024Jan 2023Jan 2022Jan 2021Jan 2020
Tangible Assets9,04411,72910,16213,45617,823
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets9,04411,72910,16213,45617,823
Stock & work in progress
Trade Debtors602,503377,762315,922300,000150,000
Group Debtors
Misc Debtors
Cash35,347273,00841643,954373
misc current assets
total current assets637,850650,770316,338343,954150,373
total assets646,894662,499326,500357,410168,196
Bank overdraft
Bank loan
Trade Creditors 499,407501,826126,589181,601106,846
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities499,407501,826126,589181,601106,846
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities30,18938,83645,48864,32214,322
provisions
total long term liabilities30,18938,83645,48864,32214,322
total liabilities529,596540,662172,077245,923121,168
net assets117,298121,837154,423111,48747,028
total shareholders funds117,298121,837154,423111,48747,028
May 2024Jan 2023Jan 2022Jan 2021Jan 2020
Operating Activities
Operating Profit-12,633-37,37152,95279,55758,057
Depreciation2,6853,4973,294
Amortisation
Tax-10,071-15,120-11,031
Stock
Debtors224,74161,84015,922150,000150,000
Creditors-2,419375,237-55,01274,755106,846
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-237,108279,523-24,759-10,8083,872
Investing Activities
capital expenditure-5,0644,367-17,823
Change in Investments
cash flow from investments-5,0644,367-17,823
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-8,647-6,652-18,83450,00014,322
share issue1
interest8,0944,78555221
cash flow from financing-553-1,867-18,77950,02214,324
cash and cash equivalents
cash-237,661272,592-43,53843,581373
overdraft
change in cash-237,661272,592-43,53843,581373

nuforme ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nuforme Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nuforme ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NW7 area or any other competitors across 12 key performance metrics.

nuforme ltd Ownership

NUFORME LTD group structure

Nuforme Ltd has no subsidiary companies.

Ultimate parent company

NUFORME LTD

11791253

NUFORME LTD Shareholders

rakhee james 100%

nuforme ltd directors

Nuforme Ltd currently has 1 director, Ms Rakhee James serving since Jan 2019.

officercountryagestartendrole
Ms Rakhee JamesUnited Kingdom50 years Jan 2019- Director

P&L

May 2024

turnover

2.2m

+62%

operating profit

-12.6k

0%

gross margin

19.8%

+17.63%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2024

net assets

117.3k

-0.04%

total assets

646.9k

-0.02%

cash

35.3k

-0.87%

net assets

Total assets minus all liabilities

nuforme ltd company details

company number

11791253

Type

Private limited with Share Capital

industry

43320 - Joinery installation

incorporation date

January 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

8 uphill road, london, NW7 4RB

Bank

-

Legal Advisor

-

nuforme 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 nuforme ltd.

nuforme 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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nuforme ltd Companies House Filings - See Documents

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