ntg asset services ltd
ntg asset services ltd Company Information
Company Number
13380921
Website
-Registered Address
20 chippenham close, wellingborough, northamptonshire, NN8 2PX
Industry
Other business support service activities n.e.c.
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
ntg group holdings limited 100%
ntg asset services ltd Estimated Valuation
Pomanda estimates the enterprise value of NTG ASSET SERVICES LTD at £365.1k based on a Turnover of £571k and 0.64x industry multiple (adjusted for size and gross margin).
ntg asset services ltd Estimated Valuation
Pomanda estimates the enterprise value of NTG ASSET SERVICES LTD at £0 based on an EBITDA of £-39.3k and a 3.57x industry multiple (adjusted for size and gross margin).
ntg asset services ltd Estimated Valuation
Pomanda estimates the enterprise value of NTG ASSET SERVICES LTD at £8.7k based on Net Assets of £3.7k and 2.35x industry multiple (adjusted for liquidity).
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Ntg Asset Services Ltd Overview
Ntg Asset Services Ltd is a live company located in northamptonshire, NN8 2PX with a Companies House number of 13380921. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in May 2021, it's largest shareholder is ntg group holdings limited with a 100% stake. Ntg Asset Services Ltd is a startup, small sized company, Pomanda has estimated its turnover at £571k with unknown growth in recent years.
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Ntg Asset Services Ltd Health Check
Pomanda's financial health check has awarded Ntg Asset Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £571k, make it smaller than the average company (£6.9m)
- Ntg Asset Services Ltd
£6.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ntg Asset Services Ltd
- - Industry AVG
Production
with a gross margin of 42.7%, this company has a comparable cost of product (42.7%)
- Ntg Asset Services Ltd
42.7% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (8.9%)
- Ntg Asset Services Ltd
8.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
2 - Ntg Asset Services Ltd
32 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Ntg Asset Services Ltd
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £285.5k, this is more efficient (£178.9k)
- Ntg Asset Services Ltd
£178.9k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (50 days)
- Ntg Asset Services Ltd
50 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ntg Asset Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ntg Asset Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (16 weeks)
6 weeks - Ntg Asset Services Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (61.7%)
98.6% - Ntg Asset Services Ltd
61.7% - Industry AVG
NTG ASSET SERVICES LTD financials
Ntg Asset Services Ltd's latest turnover from September 2023 is estimated at £571 thousand and the company has net assets of £3.7 thousand. According to their latest financial statements, Ntg Asset Services Ltd has 2 employees and maintains cash reserves of £34.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 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
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Tangible Assets | 134,574 | 35,289 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 134,574 | 35,289 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 100,099 | 43,200 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 34,781 | 75,179 |
| misc current assets | 0 | 0 |
| total current assets | 134,880 | 118,379 |
| total assets | 269,454 | 153,668 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 265,749 | 92,044 |
| total current liabilities | 265,749 | 92,044 |
| 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 | 265,749 | 92,044 |
| net assets | 3,705 | 61,624 |
| total shareholders funds | 3,705 | 61,624 |
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 21,354 | 9,406 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 56,899 | 43,200 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 173,705 | 92,044 |
| 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 | -40,398 | 75,179 |
| overdraft | 0 | 0 |
| change in cash | -40,398 | 75,179 |
ntg asset services ltd Credit Report and Business Information
Ntg Asset Services Ltd Competitor Analysis
Perform a competitor analysis for ntg asset services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NN8 area or any other competitors across 12 key performance metrics.
ntg asset services ltd Ownership
NTG ASSET SERVICES LTD group structure
Ntg Asset Services Ltd has no subsidiary companies.
ntg asset services ltd directors
Ntg Asset Services Ltd currently has 2 directors. The longest serving directors include Mr Kalpesh Patel (May 2021) and Mr Vimal Patel (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kalpesh Patel | United Kingdom | 49 years | May 2021 | - | Director |
| Mr Vimal Patel | England | 44 years | May 2021 | - | Director |
P&L
September 2023turnover
571k
+86%
operating profit
-60.7k
0%
gross margin
42.7%
+0.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.7k
-0.94%
total assets
269.5k
+0.75%
cash
34.8k
-0.54%
net assets
Total assets minus all liabilities
Similar Companies
ntg asset services ltd company details
company number
13380921
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
May 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
20 chippenham close, wellingborough, northamptonshire, NN8 2PX
Bank
-
Legal Advisor
-
ntg asset services 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 ntg asset services ltd.
ntg asset services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
