nxtg transport ltd
nxtg transport ltd Company Information
Company Number
13213564
Website
-Registered Address
portland house portland street, walsall, WS2 8AB
Industry
Freight transport by road
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
sean hayward 50%
stefanie greenwood 50%
nxtg transport ltd Estimated Valuation
Pomanda estimates the enterprise value of NXTG TRANSPORT LTD at £240.6k based on a Turnover of £694.9k and 0.35x industry multiple (adjusted for size and gross margin).
nxtg transport ltd Estimated Valuation
Pomanda estimates the enterprise value of NXTG TRANSPORT LTD at £214.1k based on an EBITDA of £67.9k and a 3.15x industry multiple (adjusted for size and gross margin).
nxtg transport ltd Estimated Valuation
Pomanda estimates the enterprise value of NXTG TRANSPORT LTD at £232.1k based on Net Assets of £92.4k and 2.51x industry multiple (adjusted for liquidity).
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Nxtg Transport Ltd Overview
Nxtg Transport Ltd is a live company located in walsall, WS2 8AB with a Companies House number of 13213564. It operates in the freight transport by road sector, SIC Code 49410. Founded in February 2021, it's largest shareholder is sean hayward with a 50% stake. Nxtg Transport Ltd is a startup, small sized company, Pomanda has estimated its turnover at £694.9k with unknown growth in recent years.
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Nxtg Transport Ltd Health Check
Pomanda's financial health check has awarded Nxtg Transport Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £694.9k, make it smaller than the average company (£8.3m)
- Nxtg Transport Ltd
£8.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nxtg Transport Ltd
- - Industry AVG
Production
with a gross margin of 14.4%, this company has a higher cost of product (21.4%)
- Nxtg Transport Ltd
21.4% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (5.9%)
- Nxtg Transport Ltd
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (56)
2 - Nxtg Transport Ltd
56 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Nxtg Transport Ltd
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £347.4k, this is more efficient (£129.8k)
- Nxtg Transport Ltd
£129.8k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (54 days)
- Nxtg Transport Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (32 days)
- Nxtg Transport Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nxtg Transport Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nxtg Transport Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a similar level of debt than the average (63.1%)
58.7% - Nxtg Transport Ltd
63.1% - Industry AVG
NXTG TRANSPORT LTD financials
Nxtg Transport Ltd's latest turnover from February 2023 is estimated at £694.9 thousand and the company has net assets of £92.4 thousand. According to their latest financial statements, Nxtg Transport Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | |
|---|---|---|
| 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Tangible Assets | 44,000 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 44,000 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 179,851 | 175,331 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 179,851 | 175,331 |
| total assets | 223,851 | 175,331 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 131,410 | 137,917 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 131,410 | 137,917 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 131,410 | 137,917 |
| net assets | 92,441 | 37,414 |
| total shareholders funds | 92,441 | 37,414 |
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 4,520 | 175,331 |
| Creditors | -6,507 | 137,917 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
nxtg transport ltd Credit Report and Business Information
Nxtg Transport Ltd Competitor Analysis
Perform a competitor analysis for nxtg transport ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in WS2 area or any other competitors across 12 key performance metrics.
nxtg transport ltd Ownership
NXTG TRANSPORT LTD group structure
Nxtg Transport Ltd has no subsidiary companies.
Ultimate parent company
NXTG TRANSPORT LTD
13213564
nxtg transport ltd directors
Nxtg Transport Ltd currently has 2 directors. The longest serving directors include Mrs Stefanie Greenwood (Feb 2021) and Mr Sean Hayward (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Stefanie Greenwood | United Kingdom | 57 years | Feb 2021 | - | Director |
| Mr Sean Hayward | England | 56 years | Feb 2021 | - | Director |
P&L
February 2023turnover
694.9k
+6%
operating profit
67.9k
0%
gross margin
14.4%
+4.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
92.4k
+1.47%
total assets
223.9k
+0.28%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
nxtg transport ltd company details
company number
13213564
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
February 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
nxt-g transport ltd (March 2021)
accountant
-
auditor
-
address
portland house portland street, walsall, WS2 8AB
Bank
-
Legal Advisor
-
nxtg transport ltd 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 nxtg transport ltd.
nxtg transport ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
