naresco limited

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naresco limited Company Information

Share NARESCO LIMITED

Company Number

12717508

Shareholders

first resources group limited

kl resources group limited

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

42-44 bishopsgate, london, EC2N 4AH

Website

-

naresco limited Estimated Valuation

£535.6k

Pomanda estimates the enterprise value of NARESCO LIMITED at £535.6k based on a Turnover of £1.5m and 0.36x industry multiple (adjusted for size and gross margin).

naresco limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NARESCO LIMITED at £0 based on an EBITDA of £0 and a 3.11x industry multiple (adjusted for size and gross margin).

naresco limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of NARESCO LIMITED at £1.3m based on Net Assets of £500k and 2.61x industry multiple (adjusted for liquidity).

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Naresco Limited Overview

Naresco Limited is a live company located in london, EC2N 4AH with a Companies House number of 12717508. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2020, it's largest shareholder is first resources group limited with a 50% stake. Naresco Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with unknown growth in recent years.

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Naresco Limited Health Check

Pomanda's financial health check has awarded Naresco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£851k)

£1.5m - Naresco Limited

£851k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Naresco Limited

- - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a higher cost of product (58.3%)

25.4% - Naresco Limited

58.3% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Naresco Limited

- - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (8)

6 - Naresco Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)

£57.1k - Naresco Limited

£57.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £247.5k, this is more efficient (£132.6k)

£247.5k - Naresco Limited

£132.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 122 days, this is later than average (63 days)

122 days - Naresco Limited

63 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Naresco Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Naresco Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Naresco Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.6%, this is a similar level of debt than the average (55.9%)

54.6% - Naresco Limited

55.9% - Industry AVG

NARESCO LIMITED financials

EXPORTms excel logo

Naresco Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £500 thousand. According to their latest financial statements, we estimate that Naresco Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021
Turnover1,484,8111,312,701
Other Income Or Grants
Cost Of Sales1,108,101979,746
Gross Profit376,710332,955
Admin Expenses376,710-275,579625
Operating Profit608,534-625
Interest Payable
Interest Receivable8,750625
Pre-Tax Profit617,284
Tax-117,284
Profit After Tax500,000
Dividends Paid
Retained Profit500,000
Employee Costs342,600330,240
Number Of Employees66
EBITDA*608,534-625

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021
Tangible Assets599,814599,814
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets599,814599,814
Stock & work in progress
Trade Debtors500,300500,300
Group Debtors
Misc Debtors
Cash500,000
misc current assets
total current assets500,300500,300500,000
total assets1,100,1141,100,114500,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities600,114600,114
provisions
total long term liabilities600,114600,114
total liabilities600,114600,114
net assets500,000500,000500,000
total shareholders funds500,000500,000500,000
Dec 2023Dec 2022Dec 2021
Operating Activities
Operating Profit608,534-625
Depreciation
Amortisation
Tax-117,284
Stock
Debtors500,300
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-9,050-625
Investing Activities
capital expenditure-599,814
Change in Investments
cash flow from investments-599,814
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities600,114
share issue-500,000500,000
interest8,750625
cash flow from financing108,864500,625
cash and cash equivalents
cash-500,000500,000
overdraft
change in cash-500,000500,000

naresco limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for naresco limited. Get real-time insights into naresco limited's credit score, group structure and payment trends.

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Naresco Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for naresco limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2N area or any other competitors across 12 key performance metrics.

naresco limited Ownership

NARESCO LIMITED group structure

Naresco Limited has no subsidiary companies.

Ultimate parent company

NARESCO LIMITED

12717508

NARESCO LIMITED Shareholders

first resources group limited 50%
kl resources group limited 50%

naresco limited directors

Naresco Limited currently has 7 directors. The longest serving directors include Mr Norbert Stocker (Jul 2020) and Mr Norbert Stocker (Jul 2020).

officercountryagestartendrole
Mr Norbert StockerUnited Kingdom66 years Jul 2020- Director
Mr Norbert StockerEngland66 years Jul 2020- Director
Mr Rolf HessUnited Kingdom69 years Jul 2020- Director
Mr Rolf HessUnited Kingdom69 years Jul 2020- Director
Mr Thomas StiegerUnited Kingdom42 years Jul 2020- Director
Mr Nico KrugerEngland51 years Aug 2022- Director
Mr Luca LuterbacherUnited Kingdom28 years Aug 2022- Director

P&L

December 2023

turnover

1.5m

+13%

operating profit

0

0%

gross margin

25.4%

+0.03%

turnover

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

Balance Sheet

December 2023

net assets

500k

0%

total assets

1.1m

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

naresco limited company details

company number

12717508

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

July 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

42-44 bishopsgate, london, EC2N 4AH

Bank

-

Legal Advisor

-

naresco 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 naresco limited.

naresco 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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naresco limited Companies House Filings - See Documents

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