Pomanda estimates the enterprise value of NEASHAM ROAD JV LIMITED at £3.8m based on a Turnover of £8.4m and 0.45x industry multiple (adjusted for size and gross margin).
neasham road jv limitedEstimated Valuation
£7.4m
Pomanda estimates the enterprise value of NEASHAM ROAD JV LIMITED at £7.4m based on an EBITDA of £1.7m and a 4.45x industry multiple (adjusted for size and gross margin).
neasham road jv limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of NEASHAM ROAD JV LIMITED at £2.1m based on Net Assets of £1.4m and 1.5x industry multiple (adjusted for liquidity).
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Neasham Road Jv LimitedOverview
Neasham Road Jv Limited is a live company located in durham, DH6 5PF with a Companies House number of 12835271. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in August 2020, it's largest shareholder is
darlington borough council
with a 50% stake. Neasham Road Jv Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£8.4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Neasham Road Jv Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £8.4m, make it smaller than the average company (£12.1m)
£8.4m - Neasham Road Jv Limited
£12.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Neasham Road Jv Limited
- - Industry AVG
Production
with a gross margin of 22.4%, this company has a lower cost of product (15.9%)
22.4% - Neasham Road Jv Limited
15.9% - Industry AVG
Profitability
an operating margin of 19.7% make it more profitable than the average company (4.5%)
19.7% - Neasham Road Jv Limited
4.5% - Industry AVG
Employees
with 24 employees, this is below the industry average (34)
24 - Neasham Road Jv Limited
34 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Neasham Road Jv Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £351.8k, this is equally as efficient (£360.2k)
£351.8k - Neasham Road Jv Limited
£360.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Neasham Road Jv Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
0 days - Neasham Road Jv Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 318 days, this is more than average (19 days)
318 days - Neasham Road Jv Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 82 weeks, this is more cash available to meet short term requirements (21 weeks)
82 weeks - Neasham Road Jv Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.1%, this is a higher level of debt than the average (68%)
82.1% - Neasham Road Jv Limited
68% - Industry AVG
NEASHAM ROAD JV LIMITED financials
EXPORT
Neasham Road Jv Limited's latest turnover from December 2023 is £8.4 million and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Neasham Road Jv Limited has 24 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
8,444,000
5,258,000
Other Income Or Grants
Cost Of Sales
6,551,000
4,005,000
Gross Profit
1,893,000
1,253,000
Admin Expenses
234,000
306,000
178,000
Operating Profit
1,659,000
947,000
-178,000
Interest Payable
334,000
244,000
31,000
Interest Receivable
8,000
Pre-Tax Profit
1,333,000
703,000
-209,000
Tax
-313,000
-134,000
40,000
Profit After Tax
1,020,000
569,000
-169,000
Dividends Paid
Retained Profit
1,020,000
569,000
-169,000
Employee Costs
Number Of Employees
24
6
6
EBITDA*
1,659,000
947,000
-178,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
5,708,000
6,577,000
2,414,000
Trade Debtors
138,000
Group Debtors
203,000
Misc Debtors
9,000
58,000
72,000
Cash
2,011,000
1,765,000
135,000
misc current assets
total current assets
7,931,000
8,538,000
2,621,000
total assets
7,931,000
8,538,000
2,621,000
Bank overdraft
Bank loan
Trade Creditors
2,000
37,000
2,000
Group/Directors Accounts
287,000
626,000
297,000
other short term finances
hp & lease commitments
other current liabilities
981,000
607,000
14,000
total current liabilities
1,270,000
1,270,000
313,000
loans
3,820,000
4,320,000
2,477,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,421,000
2,548,000
provisions
total long term liabilities
5,241,000
6,868,000
2,477,000
total liabilities
6,511,000
8,138,000
2,790,000
net assets
1,420,000
400,000
-169,000
total shareholders funds
1,420,000
400,000
-169,000
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
1,659,000
947,000
-178,000
Depreciation
Amortisation
Tax
-313,000
-134,000
40,000
Stock
-869,000
4,163,000
2,414,000
Debtors
16,000
124,000
72,000
Creditors
-35,000
35,000
2,000
Accruals and Deferred Income
374,000
593,000
14,000
Deferred Taxes & Provisions
Cash flow from operations
2,538,000
-2,846,000
-2,608,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-339,000
329,000
297,000
Other Short Term Loans
Long term loans
-500,000
1,843,000
2,477,000
Hire Purchase and Lease Commitments
other long term liabilities
-1,127,000
2,548,000
share issue
interest
-326,000
-244,000
-31,000
cash flow from financing
-2,292,000
4,476,000
2,743,000
cash and cash equivalents
cash
246,000
1,630,000
135,000
overdraft
change in cash
246,000
1,630,000
135,000
neasham road jv 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 neasham road jv limited. Get real-time insights into neasham road jv limited's credit score, group structure and payment trends.
Perform a competitor analysis for neasham road jv limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in DH6 area or any other competitors across 12 key performance metrics.
neasham road jv limited Ownership
NEASHAM ROAD JV LIMITED group structure
Neasham Road Jv Limited has no subsidiary companies.
The largest shareholders in Neasham Road Jv Limited include Darlington Borough Council and Esh Homes Limited.
darlington borough council
50%
esh homes limited
50%
neasham road jv limited directors
Neasham Road Jv Limited currently has 7 directors.
The longest serving directors include
Mr Andrew Radcliffe (Aug 2020) and
Mr Andrew Radcliffe (Aug 2020).
esh house, bowburn north industrial estate, durham, DH6 5PF
Bank
-
Legal Advisor
-
neasham road jv 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 neasham road jv limited. Currently there are 1 open charges and 1 have been satisfied in the past.
neasham road jv 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 NEASHAM ROAD JV LIMITED. This can take several minutes, an email will notify you when this has completed.
neasham road jv limitedCompanies House Filings - See Documents
