n17 projects ltd

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n17 projects ltd Company Information

Share N17 PROJECTS LTD

Company Number

11911135

Shareholders

louis isaac tauber

leon tauber

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Group Structure

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Industry

Development of building projects

 

Registered Address

inquesta corprate recovery & ins, st john's terrace, 11-15 new road, manchester, M26 1LS

Website

-

n17 projects ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of N17 PROJECTS LTD at £1.2m based on a Turnover of £3.4m and 0.35x industry multiple (adjusted for size and gross margin).

n17 projects ltd Estimated Valuation

£30.7k

Pomanda estimates the enterprise value of N17 PROJECTS LTD at £30.7k based on an EBITDA of £11.1k and a 2.76x industry multiple (adjusted for size and gross margin).

n17 projects ltd Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of N17 PROJECTS LTD at £1.9m based on Net Assets of £1.3m and 1.41x industry multiple (adjusted for liquidity).

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N17 Projects Ltd Overview

N17 Projects Ltd is a live company located in 11-15 new road, M26 1LS with a Companies House number of 11911135. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2019, it's largest shareholder is louis isaac tauber with a 20% stake. N17 Projects Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.

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N17 Projects Ltd Health Check

Pomanda's financial health check has awarded N17 Projects Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £3.4m, make it larger than the average company (£2.2m)

£3.4m - N17 Projects Ltd

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 75%, show it is growing at a faster rate (3.5%)

75% - N17 Projects Ltd

3.5% - Industry AVG

production

Production

with a gross margin of 9.5%, this company has a higher cost of product (26.4%)

9.5% - N17 Projects Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of 0.3% make it less profitable than the average company (6.9%)

0.3% - N17 Projects Ltd

6.9% - Industry AVG

employees

Employees

with 5 employees, this is similar to the industry average (6)

5 - N17 Projects Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)

£47.7k - N17 Projects Ltd

£47.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £676.6k, this is more efficient (£275.1k)

£676.6k - N17 Projects Ltd

£275.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 144 days, this is later than average (28 days)

144 days - N17 Projects Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (30 days)

0 days - N17 Projects Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - N17 Projects Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - N17 Projects Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (72.8%)

0.2% - N17 Projects Ltd

72.8% - Industry AVG

N17 PROJECTS LTD financials

EXPORTms excel logo

N17 Projects Ltd's latest turnover from September 2023 is estimated at £3.4 million and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that N17 Projects Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Mar 2022Mar 2021Mar 2020
Turnover3,383,0813,273,1381,377,399630,473
Other Income Or Grants
Cost Of Sales3,061,1832,987,0321,254,678566,070
Gross Profit321,898286,106122,72164,404
Admin Expenses310,759-1,070,48442,070-136,986
Operating Profit11,1391,356,59080,651201,390
Interest Payable
Interest Receivable
Pre-Tax Profit11,1391,356,59080,651201,390
Tax-2,785-257,752-15,324-38,264
Profit After Tax8,3541,098,83865,327163,126
Dividends Paid
Retained Profit8,3541,098,83865,327163,126
Employee Costs238,611222,273129,95643,421
Number Of Employees5531
EBITDA*11,1391,356,59080,651201,390

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Mar 2022Mar 2021Mar 2020
Tangible Assets25252525
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets25252525
Stock & work in progress
Trade Debtors1,338,4961,329,490417,184207,117
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets1,338,4961,329,490417,184207,117
total assets1,338,5211,329,515417,209207,142
Bank overdraft
Bank loan
Trade Creditors 2,8762,224188,75644,016
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,8762,224188,75644,016
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,8762,224188,75644,016
net assets1,335,6451,327,291228,453163,126
total shareholders funds1,335,6451,327,291228,453163,126
Sep 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit11,1391,356,59080,651201,390
Depreciation
Amortisation
Tax-2,785-257,752-15,324-38,264
Stock
Debtors9,006912,306210,067207,117
Creditors652-186,532144,74044,016
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations25
Investing Activities
capital expenditure-25
Change in Investments
cash flow from investments-25
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

n17 projects 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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N17 Projects Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for n17 projects ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M26 area or any other competitors across 12 key performance metrics.

n17 projects ltd Ownership

N17 PROJECTS LTD group structure

N17 Projects Ltd has no subsidiary companies.

Ultimate parent company

N17 PROJECTS LTD

11911135

N17 PROJECTS LTD Shareholders

louis isaac tauber 20%
leon tauber 20%
amrom henry tauber 20%
charles nathan tauber 20%
benjamin bernard tauber 20%

n17 projects ltd directors

N17 Projects Ltd currently has 6 directors. The longest serving directors include Mr Charles Tauber (Mar 2019) and Mr Benjamin Tauber (Mar 2019).

officercountryagestartendrole
Mr Charles TauberUnited Kingdom49 years Mar 2019- Director
Mr Benjamin TauberEngland42 years Mar 2019- Director
Mr Amrom TauberEngland37 years Mar 2019- Director
Mr Isaac HoffmanUnited Kingdom58 years Mar 2019- Director
Mr Louis Tauber40 years Mar 2019- Director
Mr Leon Tauber57 years Mar 2019- Director

P&L

September 2023

turnover

3.4m

+3%

operating profit

11.1k

0%

gross margin

9.6%

+8.85%

turnover

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

Balance Sheet

September 2023

net assets

1.3m

+0.01%

total assets

1.3m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

n17 projects ltd company details

company number

11911135

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

March 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

inquesta corprate recovery & ins, st john's terrace, 11-15 new road, manchester, M26 1LS

Bank

-

Legal Advisor

-

n17 projects 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 n17 projects ltd.

n17 projects 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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n17 projects ltd Companies House Filings - See Documents

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