project northway limited
project northway limited Company Information
Company Number
12434808
Next Accounts
Oct 2025
Shareholders
rachel clayson
nicholas clayson
Group Structure
View All
Industry
Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
Registered Address
coles cross house coles cross, east allington, totnes, devon, TQ9 7RH
Website
-project northway limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT NORTHWAY LIMITED at £42.2k based on a Turnover of £65.7k and 0.64x industry multiple (adjusted for size and gross margin).
project northway limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT NORTHWAY LIMITED at £0 based on an EBITDA of £-123.1k and a 2.9x industry multiple (adjusted for size and gross margin).
project northway limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT NORTHWAY LIMITED at £460.8k based on Net Assets of £242.7k and 1.9x industry multiple (adjusted for liquidity).
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Project Northway Limited Overview
Project Northway Limited is a live company located in totnes, TQ9 7RH with a Companies House number of 12434808. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in January 2020, it's largest shareholder is rachel clayson with a 50% stake. Project Northway Limited is a young, micro sized company, Pomanda has estimated its turnover at £65.7k with declining growth in recent years.
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Project Northway Limited Health Check
Pomanda's financial health check has awarded Project Northway Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £65.7k, make it smaller than the average company (£256.9k)
- Project Northway Limited
£256.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -78%, show it is growing at a slower rate (18.9%)
- Project Northway Limited
18.9% - Industry AVG
Production
with a gross margin of 66.2%, this company has a comparable cost of product (66.2%)
- Project Northway Limited
66.2% - Industry AVG
Profitability
an operating margin of -187.2% make it less profitable than the average company (9.4%)
- Project Northway Limited
9.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Project Northway Limited
7 - Industry AVG
Pay Structure
on an average salary of £23.9k, the company has an equivalent pay structure (£23.9k)
- Project Northway Limited
£23.9k - Industry AVG
Efficiency
resulting in sales per employee of £65.7k, this is equally as efficient (£65.7k)
- Project Northway Limited
£65.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Project Northway Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Project Northway Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Project Northway Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (43 weeks)
0 weeks - Project Northway Limited
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.7%, this is a higher level of debt than the average (58.7%)
88.7% - Project Northway Limited
58.7% - Industry AVG
PROJECT NORTHWAY LIMITED financials
Project Northway Limited's latest turnover from January 2024 is estimated at £65.7 thousand and the company has net assets of £242.7 thousand. According to their latest financial statements, Project Northway Limited has 1 employee and maintains cash reserves of £12.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 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 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 1,527,822 | 193,872 | 2,373,984 | |
| Intangible Assets | ||||
| Investments & Other | 2,373,984 | |||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 1,527,822 | 193,872 | 2,373,984 | 2,373,984 |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | 600,000 | 600,865 | ||
| Cash | 12,907 | 1,557,033 | ||
| misc current assets | ||||
| total current assets | 612,907 | 2,157,898 | ||
| total assets | 2,140,729 | 2,351,770 | 2,373,984 | 2,373,984 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 2,309,520 | |||
| Group/Directors Accounts | 1,897,451 | 2,026,766 | 2,309,520 | |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 600 | 480 | 180 | |
| total current liabilities | 1,898,051 | 2,027,246 | 2,309,700 | 2,309,520 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 1,898,051 | 2,027,246 | 2,309,700 | 2,309,520 |
| net assets | 242,678 | 324,524 | 64,284 | 64,464 |
| total shareholders funds | 242,678 | 324,524 | 64,284 | 64,464 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -865 | 600,865 | ||
| Creditors | -2,309,520 | 2,309,520 | ||
| Accruals and Deferred Income | 120 | 300 | 180 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -2,373,984 | 2,373,984 | ||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -129,315 | -282,754 | 2,309,520 | |
| 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 | -1,544,126 | 1,557,033 | ||
| overdraft | ||||
| change in cash | -1,544,126 | 1,557,033 |
project northway limited Credit Report and Business Information
Project Northway Limited Competitor Analysis
Perform a competitor analysis for project northway limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in TQ9 area or any other competitors across 12 key performance metrics.
project northway limited Ownership
PROJECT NORTHWAY LIMITED group structure
Project Northway Limited has no subsidiary companies.
Ultimate parent company
PROJECT NORTHWAY LIMITED
12434808
project northway limited directors
Project Northway Limited currently has 2 directors. The longest serving directors include Mrs Rachel Clayson (Jan 2020) and Mr Nicholas Clayson (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rachel Clayson | England | 44 years | Jan 2020 | - | Director |
| Mr Nicholas Clayson | England | 49 years | Feb 2023 | - | Director |
P&L
January 2024turnover
65.7k
0%
operating profit
-123.1k
0%
gross margin
66.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
242.7k
-0.25%
total assets
2.1m
-0.09%
cash
12.9k
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
project northway limited company details
company number
12434808
Type
Private limited with Share Capital
industry
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
coles cross house coles cross, east allington, totnes, devon, TQ9 7RH
Bank
-
Legal Advisor
-
project northway 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 project northway limited.
project northway 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 PROJECT NORTHWAY LIMITED. This can take several minutes, an email will notify you when this has completed.
project northway limited Companies House Filings - See Documents
| date | description | view/download |
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