Pomanda estimates the enterprise value of NORA DEVELOPMENTS LIMITED at £448.8k based on a Turnover of £1.3m and 0.34x industry multiple (adjusted for size and gross margin).
nora developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORA DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-10.1k and a 2.58x industry multiple (adjusted for size and gross margin).
nora developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NORA DEVELOPMENTS LIMITED at £0 based on Net Assets of £-13.6k and 1.39x industry multiple (adjusted for liquidity).
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Nora Developments LimitedOverview
Nora Developments Limited is a live company located in leeds, LS16 8HF with a Companies House number of 12951532. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2020, it's largest shareholder is
sam ali
with a 50% stake. Nora Developments Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Nora Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2.2m)
£1.3m - Nora Developments Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Nora Developments Limited
- - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (26.6%)
9.8% - Nora Developments Limited
26.6% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (6.8%)
-0.8% - Nora Developments Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Nora Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
£47.1k - Nora Developments Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £663.3k, this is more efficient (£269.3k)
£663.3k - Nora Developments Limited
£269.3k - Industry AVG
Debtor Days
it gets paid by customers after 127 days, this is later than average (27 days)
127 days - Nora Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (30 days)
23 days - Nora Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nora Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nora Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (72.4%)
102.6% - Nora Developments Limited
72.4% - Industry AVG
NORA DEVELOPMENTS LIMITED financials
EXPORT
Nora Developments Limited's latest turnover from October 2023 is estimated at £1.3 million and the company has net assets of -£13.6 thousand. According to their latest financial statements, we estimate that Nora Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Turnover
1,326,682
872,509
4,302
Other Income Or Grants
Cost Of Sales
1,196,490
786,488
3,923
Gross Profit
130,192
86,021
379
Admin Expenses
140,339
89,435
377
Operating Profit
-10,147
-3,414
2
Interest Payable
Interest Receivable
Pre-Tax Profit
-10,147
-3,414
2
Tax
Profit After Tax
-10,147
-3,414
2
Dividends Paid
Retained Profit
-10,147
-3,414
2
Employee Costs
94,171
89,780
43,818
Number Of Employees
2
2
1
EBITDA*
-10,147
-3,414
2
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Tangible Assets
58,430
6,663
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
58,430
6,663
Stock & work in progress
Trade Debtors
462,447
365,031
1,002
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
462,447
365,031
1,002
total assets
520,877
371,694
1,002
Bank overdraft
Bank loan
Trade Creditors
75,875
375
1,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
75,875
375
1,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
458,561
374,731
provisions
total long term liabilities
458,561
374,731
total liabilities
534,436
375,106
1,000
net assets
-13,559
-3,412
2
total shareholders funds
-13,559
-3,412
2
Oct 2023
Oct 2022
Oct 2021
Operating Activities
Operating Profit
-10,147
-3,414
2
Depreciation
Amortisation
Tax
Stock
Debtors
97,416
364,029
1,002
Creditors
75,500
-625
1,000
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-32,063
-368,068
Investing Activities
capital expenditure
-51,767
-6,663
Change in Investments
cash flow from investments
-51,767
-6,663
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
83,830
374,731
share issue
interest
cash flow from financing
83,830
374,731
cash and cash equivalents
cash
overdraft
change in cash
nora developments 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 nora developments limited. Get real-time insights into nora developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for nora developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LS16 area or any other competitors across 12 key performance metrics.
nora developments limited Ownership
NORA DEVELOPMENTS LIMITED group structure
Nora Developments Limited has no subsidiary companies.
Ultimate parent company
NORA DEVELOPMENTS LIMITED
12951532
NORA DEVELOPMENTS LIMITED Shareholders
The largest shareholders in Nora Developments Limited include Sam Ali and Jose Carlos Diaz-Sanchez.
sam ali
50%
jose carlos diaz-sanchez
50%
nora developments limited directors
Nora Developments Limited currently has 2 directors.
The longest serving directors include
Mr Jose Diaz-Sanchez (Oct 2020) and
Mr Sam Ali (Oct 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023
net assets
-13.6k
+2.97%
total assets
520.9k
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
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nora developments limited company details
company number
12951532
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
1a smithy mills lane, adel, leeds, LS16 8HF
Bank
-
Legal Advisor
-
nora developments 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 nora developments limited.
nora developments 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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nora developments limitedCompanies House Filings - See Documents
