nexus residential city residence limited
nexus residential city residence limited Company Information
Company Number
12431927
Next Accounts
96 days late
Shareholders
nexus residential limited
aughton estates limited
Group Structure
View All
Industry
Development of building projects
Registered Address
44 the pantiles, tunbridge wells, TN2 5TN
Website
nexusresidential.co.uknexus residential city residence limited Estimated Valuation
Pomanda estimates the enterprise value of NEXUS RESIDENTIAL CITY RESIDENCE LIMITED at £1.1m based on a Turnover of £2.3m and 0.5x industry multiple (adjusted for size and gross margin).
nexus residential city residence limited Estimated Valuation
Pomanda estimates the enterprise value of NEXUS RESIDENTIAL CITY RESIDENCE LIMITED at £0 based on an EBITDA of £-322.3k and a 3.92x industry multiple (adjusted for size and gross margin).
nexus residential city residence limited Estimated Valuation
Pomanda estimates the enterprise value of NEXUS RESIDENTIAL CITY RESIDENCE LIMITED at £0 based on Net Assets of £-1.2m and 1.41x industry multiple (adjusted for liquidity).
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Nexus Residential City Residence Limited Overview
Nexus Residential City Residence Limited is a live company located in tunbridge wells, TN2 5TN with a Companies House number of 12431927. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2020, it's largest shareholder is nexus residential limited with a 50% stake. Nexus Residential City Residence Limited is a young, small sized company, Pomanda has estimated its turnover at £2.3m with unknown growth in recent years.
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Nexus Residential City Residence Limited Health Check
Pomanda's financial health check has awarded Nexus Residential City Residence Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £2.3m, make it in line with the average company (£2.2m)
- Nexus Residential City Residence Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nexus Residential City Residence Limited
- - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Nexus Residential City Residence Limited
25.9% - Industry AVG
Profitability
an operating margin of -14% make it less profitable than the average company (8.4%)
- Nexus Residential City Residence Limited
8.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Nexus Residential City Residence Limited
6 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Nexus Residential City Residence Limited
£46k - Industry AVG
Efficiency
resulting in sales per employee of £767k, this is more efficient (£270.9k)
- Nexus Residential City Residence Limited
£270.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Nexus Residential City Residence Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
- Nexus Residential City Residence Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1577 days, this is more than average (180 days)
- Nexus Residential City Residence Limited
180 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Nexus Residential City Residence Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.6%, this is a higher level of debt than the average (73.9%)
116.6% - Nexus Residential City Residence Limited
73.9% - Industry AVG
NEXUS RESIDENTIAL CITY RESIDENCE LIMITED financials
Nexus Residential City Residence Limited's latest turnover from March 2023 is estimated at £2.3 million and the company has net assets of -£1.2 million. According to their latest financial statements, Nexus Residential City Residence Limited has 3 employees and maintains cash reserves of £7.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| 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 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | 7,369,060 | 4,462,711 | 1,087,532 |
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | 59,759 | 62,687 | 188,966 |
| Cash | 7,222 | 50,539 | 1,332,415 |
| misc current assets | |||
| total current assets | 7,436,041 | 4,575,937 | 2,608,913 |
| total assets | 7,436,041 | 4,575,937 | 2,608,913 |
| Bank overdraft | 3,741,323 | ||
| Bank loan | |||
| Trade Creditors | 21,849 | 346,273 | 197,623 |
| Group/Directors Accounts | 2,121,088 | 2,276,026 | 681,286 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 2,789,334 | 2,678,420 | 2,325,138 |
| total current liabilities | 8,673,594 | 5,300,719 | 3,204,047 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 8,673,594 | 5,300,719 | 3,204,047 |
| net assets | -1,237,553 | -724,782 | -595,134 |
| total shareholders funds | -1,237,553 | -724,782 | -595,134 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 2,906,349 | 3,375,179 | 1,087,532 |
| Debtors | -2,928 | -126,279 | 188,966 |
| Creditors | -324,424 | 148,650 | 197,623 |
| Accruals and Deferred Income | 110,914 | 353,282 | 2,325,138 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -154,938 | 1,594,740 | 681,286 |
| 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 | -43,317 | -1,281,876 | 1,332,415 |
| overdraft | 3,741,323 | ||
| change in cash | -3,784,640 | -1,281,876 | 1,332,415 |
nexus residential city residence limited Credit Report and Business Information
Nexus Residential City Residence Limited Competitor Analysis
Perform a competitor analysis for nexus residential city residence limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TN2 area or any other competitors across 12 key performance metrics.
nexus residential city residence limited Ownership
NEXUS RESIDENTIAL CITY RESIDENCE LIMITED group structure
Nexus Residential City Residence Limited has no subsidiary companies.
Ultimate parent company
NEXUS RESIDENTIAL CITY RESIDENCE LIMITED
12431927
nexus residential city residence limited directors
Nexus Residential City Residence Limited currently has 4 directors. The longest serving directors include Mr Julian Ramsden (Jan 2020) and Mr John Morley (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Ramsden | United Kingdom | 45 years | Jan 2020 | - | Director |
| Mr John Morley | England | 40 years | Apr 2020 | - | Director |
| Mr Michael Gledhill | England | 44 years | Apr 2020 | - | Director |
| Mr Alexander Hamm | England | 48 years | Apr 2020 | - | Director |
P&L
March 2023turnover
2.3m
-17%
operating profit
-322.3k
0%
gross margin
26%
+5.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.2m
+0.71%
total assets
7.4m
+0.63%
cash
7.2k
-0.86%
net assets
Total assets minus all liabilities
Similar Companies
nexus residential city residence limited company details
company number
12431927
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
APT
auditor
-
address
44 the pantiles, tunbridge wells, TN2 5TN
Bank
-
Legal Advisor
-
nexus residential city residence 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 found 2 charges/mortgages relating to nexus residential city residence limited. Currently there are 0 open charges and 2 have been satisfied in the past.
nexus residential city residence 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.
Click to start generating capital raising & share issue transactions for NEXUS RESIDENTIAL CITY RESIDENCE LIMITED. This can take several minutes, an email will notify you when this has completed.
nexus residential city residence limited Companies House Filings - See Documents
| date | description | view/download |
|---|
