noriker power ireland ltd
noriker power ireland ltd Company Information
Company Number
13393264
Next Accounts
Apr 2025
Shareholders
noriker power ltd
Group Structure
View All
Industry
Production of electricity
Registered Address
fourth floor the quadrangle, imperial square, cheltenham, GL50 1PZ
Website
-noriker power ireland ltd Estimated Valuation
Pomanda estimates the enterprise value of NORIKER POWER IRELAND LTD at £859.8k based on a Turnover of £557.4k and 1.54x industry multiple (adjusted for size and gross margin).
noriker power ireland ltd Estimated Valuation
Pomanda estimates the enterprise value of NORIKER POWER IRELAND LTD at £0 based on an EBITDA of £-24.1k and a 4.51x industry multiple (adjusted for size and gross margin).
noriker power ireland ltd Estimated Valuation
Pomanda estimates the enterprise value of NORIKER POWER IRELAND LTD at £0 based on Net Assets of £-74k and 2.75x industry multiple (adjusted for liquidity).
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Noriker Power Ireland Ltd Overview
Noriker Power Ireland Ltd is a live company located in cheltenham, GL50 1PZ with a Companies House number of 13393264. It operates in the production of electricity sector, SIC Code 35110. Founded in May 2021, it's largest shareholder is noriker power ltd with a 100% stake. Noriker Power Ireland Ltd is a startup, small sized company, Pomanda has estimated its turnover at £557.4k with unknown growth in recent years.
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Noriker Power Ireland Ltd Health Check
Pomanda's financial health check has awarded Noriker Power Ireland Ltd a 1 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 £557.4k, make it smaller than the average company (£1.6m)
- Noriker Power Ireland Ltd
£1.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Noriker Power Ireland Ltd
- - Industry AVG
Production
with a gross margin of 69.8%, this company has a comparable cost of product (69.8%)
- Noriker Power Ireland Ltd
69.8% - Industry AVG
Profitability
an operating margin of -4.3% make it less profitable than the average company (49.6%)
- Noriker Power Ireland Ltd
49.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Noriker Power Ireland Ltd
3 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Noriker Power Ireland Ltd
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £278.7k, this is less efficient (£429.6k)
- Noriker Power Ireland Ltd
£429.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Noriker Power Ireland Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (21 days)
- Noriker Power Ireland Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Noriker Power Ireland Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Noriker Power Ireland Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.3%, this is a higher level of debt than the average (88.8%)
109.3% - Noriker Power Ireland Ltd
88.8% - Industry AVG
NORIKER POWER IRELAND LTD financials
Noriker Power Ireland Ltd's latest turnover from July 2023 is estimated at £557.4 thousand and the company has net assets of -£74 thousand. According to their latest financial statements, Noriker Power Ireland Ltd has 2 employees and maintains cash reserves of £32 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 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
| Jul 2023 | Jul 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | 740 | 566 |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 740 | 566 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | 117,462 | 22,875 |
| Misc Debtors | 642,564 | 457,075 |
| Cash | 31,973 | 786 |
| misc current assets | ||
| total current assets | 791,999 | 480,736 |
| total assets | 792,739 | 481,302 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 29,172 | |
| Group/Directors Accounts | 835,623 | 530,272 |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 1,924 | 1,750 |
| total current liabilities | 866,719 | 532,022 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 866,719 | 532,022 |
| net assets | -73,980 | -50,720 |
| total shareholders funds | -73,980 | -50,720 |
| Jul 2023 | Jul 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 280,076 | 479,950 |
| Creditors | 29,172 | |
| Accruals and Deferred Income | 174 | 1,750 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 174 | 566 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 305,351 | 530,272 |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 31,187 | 786 |
| overdraft | ||
| change in cash | 31,187 | 786 |
noriker power ireland ltd Credit Report and Business Information
Noriker Power Ireland Ltd Competitor Analysis
Perform a competitor analysis for noriker power ireland ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in GL50 area or any other competitors across 12 key performance metrics.
noriker power ireland ltd Ownership
NORIKER POWER IRELAND LTD group structure
Noriker Power Ireland Ltd has no subsidiary companies.
Ultimate parent company
2 parents
NORIKER POWER IRELAND LTD
13393264
noriker power ireland ltd directors
Noriker Power Ireland Ltd currently has 2 directors. The longest serving directors include Dr Marc Thomas (May 2021) and Dr Zhenni Wang (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Marc Thomas | United Kingdom | 58 years | May 2021 | - | Director |
| Dr Zhenni Wang | United Kingdom | 71 years | May 2021 | - | Director |
P&L
July 2023turnover
557.4k
-5%
operating profit
-24.1k
0%
gross margin
69.8%
+10.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-74k
+0.46%
total assets
792.7k
+0.65%
cash
32k
+39.68%
net assets
Total assets minus all liabilities
Similar Companies
noriker power ireland ltd company details
company number
13393264
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
May 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
fourth floor the quadrangle, imperial square, cheltenham, GL50 1PZ
Bank
-
Legal Advisor
-
noriker power ireland 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 noriker power ireland ltd.
noriker power ireland ltd 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 NORIKER POWER IRELAND LTD. This can take several minutes, an email will notify you when this has completed.
noriker power ireland ltd Companies House Filings - See Documents
| date | description | view/download |
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