3nb north east ltd
3nb north east ltd Company Information
Company Number
12056303
Website
-Registered Address
1 - 3 waverley terrace, sunderland, tyne and wear, SR4 6TA
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Other accommodation
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
deborah dorans 50.5%
anna louise fisher 49.5%
3nb north east ltd Estimated Valuation
Pomanda estimates the enterprise value of 3NB NORTH EAST LTD at £187.5k based on a Turnover of £125.8k and 1.49x industry multiple (adjusted for size and gross margin).
3nb north east ltd Estimated Valuation
Pomanda estimates the enterprise value of 3NB NORTH EAST LTD at £53k based on an EBITDA of £13k and a 4.08x industry multiple (adjusted for size and gross margin).
3nb north east ltd Estimated Valuation
Pomanda estimates the enterprise value of 3NB NORTH EAST LTD at £0 based on Net Assets of £-32.1k and 0.75x industry multiple (adjusted for liquidity).
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3nb North East Ltd Overview
3nb North East Ltd is a live company located in tyne and wear, SR4 6TA with a Companies House number of 12056303. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2019, it's largest shareholder is deborah dorans with a 50.5% stake. 3nb North East Ltd is a young, micro sized company, Pomanda has estimated its turnover at £125.8k with healthy growth in recent years.
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3nb North East Ltd Health Check
Pomanda's financial health check has awarded 3Nb North East Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £125.8k, make it smaller than the average company (£843.7k)
- 3nb North East Ltd
£843.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.3%)
- 3nb North East Ltd
3.3% - Industry AVG
Production
with a gross margin of 26.6%, this company has a higher cost of product (63.4%)
- 3nb North East Ltd
63.4% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (16.3%)
- 3nb North East Ltd
16.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - 3nb North East Ltd
11 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)
- 3nb North East Ltd
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £62.9k, this is less efficient (£119k)
- 3nb North East Ltd
£119k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (24 days)
- 3nb North East Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (26 days)
- 3nb North East Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 3nb North East Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is less cash available to meet short term requirements (50 weeks)
39 weeks - 3nb North East Ltd
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (49.5%)
106.9% - 3nb North East Ltd
49.5% - Industry AVG
3NB NORTH EAST LTD financials
3Nb North East Ltd's latest turnover from June 2023 is estimated at £125.8 thousand and the company has net assets of -£32.1 thousand. According to their latest financial statements, 3Nb North East Ltd has 2 employees and maintains cash reserves of £11.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| 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 | 2 | 2 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 424,214 | 440,607 | 435,946 | 164,852 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 424,214 | 440,607 | 435,946 | 164,852 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,843 | 6,625 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 11,815 | 10,642 | 4,949 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 38,658 | 17,267 | 4,949 | 0 |
| total assets | 462,872 | 457,874 | 440,895 | 164,852 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,733 | 16,740 | 4,480 | 4,923 |
| 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 | 1,319 |
| total current liabilities | 15,733 | 16,740 | 4,480 | 6,242 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,600 | 3,600 | 0 | 0 |
| other liabilities | 475,614 | 466,774 | 450,661 | 169,203 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 479,214 | 470,374 | 450,661 | 169,203 |
| total liabilities | 494,947 | 487,114 | 455,141 | 175,445 |
| net assets | -32,075 | -29,240 | -14,246 | -10,593 |
| total shareholders funds | -32,075 | -29,240 | -14,246 | -10,593 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 16,393 | 16,394 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 20,218 | 6,625 | 0 | 0 |
| Creditors | -1,007 | 12,260 | -443 | 4,923 |
| Accruals and Deferred Income | 0 | 3,600 | -1,319 | 1,319 |
| 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 | 8,840 | 16,113 | 281,458 | 169,203 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 1,173 | 5,693 | 4,949 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 1,173 | 5,693 | 4,949 | 0 |
3nb north east ltd Credit Report and Business Information
3nb North East Ltd Competitor Analysis
Perform a competitor analysis for 3nb north east ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SR4 area or any other competitors across 12 key performance metrics.
3nb north east ltd Ownership
3NB NORTH EAST LTD group structure
3Nb North East Ltd has no subsidiary companies.
Ultimate parent company
3NB NORTH EAST LTD
12056303
3nb north east ltd directors
3Nb North East Ltd currently has 2 directors. The longest serving directors include Mrs Deborah Dorans (Jun 2019) and Mrs Anna Fisher (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Deborah Dorans | England | 54 years | Jun 2019 | - | Director |
| Mrs Anna Fisher | England | 49 years | Jun 2019 | - | Director |
P&L
June 2023turnover
125.8k
+125%
operating profit
-3.4k
0%
gross margin
26.7%
+24.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-32.1k
+0.1%
total assets
462.9k
+0.01%
cash
11.8k
+0.11%
net assets
Total assets minus all liabilities
3nb north east ltd company details
company number
12056303
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
55900 - Other accommodation
incorporation date
June 2019
age
5
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
1 - 3 waverley terrace, sunderland, tyne and wear, SR4 6TA
accountant
G W THOMPSON & CO ACCOUNTANTS LTD
auditor
-
3nb north east 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 found 6 charges/mortgages relating to 3nb north east ltd. Currently there are 3 open charges and 3 have been satisfied in the past.
3nb north east ltd Companies House Filings - See Documents
| date | description | view/download |
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