norvolt solutions limited

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norvolt solutions limited Company Information

Share NORVOLT SOLUTIONS LIMITED

Company Number

12303193

Shareholders

ashley james denton

richard denton

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Group Structure

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Industry

Other construction installation

 +2

Registered Address

71-75 shelton street, covent garden, london, WC2H 9JQ

Website

-

norvolt solutions limited Estimated Valuation

£31.9k

Pomanda estimates the enterprise value of NORVOLT SOLUTIONS LIMITED at £31.9k based on a Turnover of £96.6k and 0.33x industry multiple (adjusted for size and gross margin).

norvolt solutions limited Estimated Valuation

£36.4k

Pomanda estimates the enterprise value of NORVOLT SOLUTIONS LIMITED at £36.4k based on an EBITDA of £10.8k and a 3.37x industry multiple (adjusted for size and gross margin).

norvolt solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NORVOLT SOLUTIONS LIMITED at £0 based on Net Assets of £-9.6k and 2.63x industry multiple (adjusted for liquidity).

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Norvolt Solutions Limited Overview

Norvolt Solutions Limited is a live company located in london, WC2H 9JQ with a Companies House number of 12303193. It operates in the electrical installation sector, SIC Code 43210. Founded in November 2019, it's largest shareholder is ashley james denton with a 33.3% stake. Norvolt Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £96.6k with high growth in recent years.

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Norvolt Solutions Limited Health Check

Pomanda's financial health check has awarded Norvolt Solutions Limited 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £96.6k, make it smaller than the average company (£1.2m)

£96.6k - Norvolt Solutions Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (12.1%)

25% - Norvolt Solutions Limited

12.1% - Industry AVG

production

Production

with a gross margin of 16.2%, this company has a higher cost of product (25.7%)

16.2% - Norvolt Solutions Limited

25.7% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it more profitable than the average company (6.2%)

11.2% - Norvolt Solutions Limited

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - Norvolt Solutions Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)

£42.1k - Norvolt Solutions Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.3k, this is less efficient (£153.7k)

£48.3k - Norvolt Solutions Limited

£153.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 81 days, this is later than average (53 days)

81 days - Norvolt Solutions Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 53 days, this is slower than average (36 days)

53 days - Norvolt Solutions Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Norvolt Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Norvolt Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 144.7%, this is a higher level of debt than the average (65.3%)

144.7% - Norvolt Solutions Limited

65.3% - Industry AVG

NORVOLT SOLUTIONS LIMITED financials

EXPORTms excel logo

Norvolt Solutions Limited's latest turnover from March 2024 is estimated at £96.6 thousand and the company has net assets of -£9.6 thousand. According to their latest financial statements, Norvolt Solutions Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021
Turnover96,57543,24463,02949,993
Other Income Or Grants
Cost Of Sales80,98336,31753,11541,719
Gross Profit15,5926,9279,9138,275
Admin Expenses4,80116,65619,9065,796
Operating Profit10,791-9,729-9,9932,479
Interest Payable
Interest Receivable
Pre-Tax Profit10,791-9,729-9,9932,479
Tax-2,698-471
Profit After Tax8,093-9,729-9,9932,008
Dividends Paid
Retained Profit8,093-9,729-9,9932,008
Employee Costs84,26576,82376,15873,818
Number Of Employees2222
EBITDA*10,791-9,729-9,9932,479

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors21,5292,19512,3977,375
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets21,5292,19512,3977,375
total assets21,5292,19512,3977,375
Bank overdraft
Bank loan
Trade Creditors 11,9502,4094,3825,367
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities11,9502,4094,3825,367
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities19,20017,50016,000
provisions
total long term liabilities19,20017,50016,000
total liabilities31,15019,90920,3825,367
net assets-9,621-17,714-7,9852,008
total shareholders funds-9,621-17,714-7,9852,008
Mar 2024Mar 2023Mar 2022Mar 2021
Operating Activities
Operating Profit10,791-9,729-9,9932,479
Depreciation
Amortisation
Tax-2,698-471
Stock
Debtors19,334-10,2025,0227,375
Creditors9,541-1,973-9855,367
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1,700-1,500-16,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities1,7001,50016,000
share issue
interest
cash flow from financing1,7001,50016,000
cash and cash equivalents
cash
overdraft
change in cash

norvolt solutions limited 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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Norvolt Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for norvolt solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.

norvolt solutions limited Ownership

NORVOLT SOLUTIONS LIMITED group structure

Norvolt Solutions Limited has no subsidiary companies.

Ultimate parent company

NORVOLT SOLUTIONS LIMITED

12303193

NORVOLT SOLUTIONS LIMITED Shareholders

ashley james denton 33.33%
richard denton 33.33%
simon edward denton 33.33%

norvolt solutions limited directors

Norvolt Solutions Limited currently has 3 directors. The longest serving directors include Mr Richard Denton (Nov 2019) and Mr Simon Denton (Nov 2019).

officercountryagestartendrole
Mr Richard DentonUnited Kingdom69 years Nov 2019- Director
Mr Simon DentonUnited Kingdom34 years Nov 2019- Director
Mr Ashley DentonUnited Kingdom39 years Nov 2019- Director

P&L

March 2024

turnover

96.6k

+123%

operating profit

10.8k

0%

gross margin

16.2%

+0.79%

turnover

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

Balance Sheet

March 2024

net assets

-9.6k

-0.46%

total assets

21.5k

+8.81%

cash

0

0%

net assets

Total assets minus all liabilities

norvolt solutions limited company details

company number

12303193

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

43290 - Other construction installation

43210 - Electrical installation

incorporation date

November 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

71-75 shelton street, covent garden, london, WC2H 9JQ

Bank

-

Legal Advisor

-

norvolt solutions limited 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 norvolt solutions limited.

norvolt solutions limited 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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norvolt solutions limited Companies House Filings - See Documents

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