nlighten birmingham limited

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nlighten birmingham limited Company Information

Share NLIGHTEN BIRMINGHAM LIMITED

Company Number

13609125

Shareholders

proximity data centres limited

icg-longbow investment no 5 s.a.r.l.

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

proximity house, unit 2, chester gates, chester, CH1 6LT

Website

-

nlighten birmingham limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of NLIGHTEN BIRMINGHAM LIMITED at £1.2m based on a Turnover of £761.9k and 1.61x industry multiple (adjusted for size and gross margin).

nlighten birmingham limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NLIGHTEN BIRMINGHAM LIMITED at £0 based on an EBITDA of £-563.2k and a 4.47x industry multiple (adjusted for size and gross margin).

nlighten birmingham limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NLIGHTEN BIRMINGHAM LIMITED at £0 based on Net Assets of £-1.9m and 2x industry multiple (adjusted for liquidity).

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Nlighten Birmingham Limited Overview

Nlighten Birmingham Limited is a live company located in chester, CH1 6LT with a Companies House number of 13609125. It operates in the computer facilities management activities sector, SIC Code 62030. Founded in September 2021, it's largest shareholder is proximity data centres limited with a 99% stake. Nlighten Birmingham Limited is a startup, small sized company, Pomanda has estimated its turnover at £761.9k with unknown growth in recent years.

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Nlighten Birmingham Limited Health Check

Pomanda's financial health check has awarded Nlighten Birmingham Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£1.2m)

£1.5m - Nlighten Birmingham Limited

£1.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Nlighten Birmingham Limited

- - Industry AVG

production

Production

with a gross margin of 30%, this company has a higher cost of product (60.1%)

30% - Nlighten Birmingham Limited

60.1% - Industry AVG

profitability

Profitability

an operating margin of 23.4% make it as profitable than the average company (21.4%)

23.4% - Nlighten Birmingham Limited

21.4% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (8)

10 - Nlighten Birmingham Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)

£41.5k - Nlighten Birmingham Limited

£41.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148.7k, this is equally as efficient (£161.6k)

£148.7k - Nlighten Birmingham Limited

£161.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 143 days, this is later than average (42 days)

143 days - Nlighten Birmingham Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (38 days)

51 days - Nlighten Birmingham Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nlighten Birmingham Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Nlighten Birmingham Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 107.3%, this is a higher level of debt than the average (63.5%)

107.3% - Nlighten Birmingham Limited

63.5% - Industry AVG

NLIGHTEN BIRMINGHAM LIMITED financials

EXPORTms excel logo

Nlighten Birmingham Limited's latest turnover from December 2023 is estimated at £761.9 thousand and the company has net assets of -£1.9 million. According to their latest financial statements, Nlighten Birmingham Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Feb 2023Feb 2022
Turnover761,8921,487,2301,143,583
Other Income Or Grants
Cost Of Sales550,3001,041,405804,377
Gross Profit211,592445,825339,206
Admin Expenses778,06198,529117,303
Operating Profit-566,469347,296221,903
Interest Payable1,210,5001,076,000349,700
Interest Receivable
Pre-Tax Profit-1,776,969-728,704-127,797
Tax
Profit After Tax-1,776,969-728,704-127,797
Dividends Paid
Retained Profit-1,776,969-728,704-127,797
Employee Costs350,255414,724315,766
Number Of Employees8108
EBITDA*-563,210347,296221,903

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Feb 2023Feb 2022
Tangible Assets10,962,72610,794,69910,770,619
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,962,72610,794,69910,770,619
Stock & work in progress
Trade Debtors209,948583,421358,968
Group Debtors
Misc Debtors152,138320,502353,640
Cash
misc current assets
total current assets362,086903,923712,608
total assets11,324,81211,698,62211,483,227
Bank overdraft
Bank loan
Trade Creditors 121,029145,877
Group/Directors Accounts1,573,8021,066,055199,374
other short term finances
hp & lease commitments
other current liabilities400,300583,090651,549
total current liabilities2,095,1311,795,022850,923
loans10,760,00010,760,00010,760,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions374,346
total long term liabilities11,134,34610,760,00010,760,000
total liabilities13,229,47712,555,02211,610,923
net assets-1,904,665-856,400-127,696
total shareholders funds-1,904,665-856,400-127,696
Dec 2023Feb 2023Feb 2022
Operating Activities
Operating Profit-566,469347,296221,903
Depreciation3,259
Amortisation
Tax
Stock
Debtors-350,522191,315712,608
Creditors121,029145,877
Accruals and Deferred Income-251,249-68,459651,549
Deferred Taxes & Provisions374,346
Cash flow from operations31,438233,399160,844
Investing Activities
capital expenditure-195,366-24,080-10,770,619
Change in Investments
cash flow from investments-195,366-24,080-10,770,619
Financing Activities
Bank loans
Group/Directors Accounts1,374,428866,681199,374
Other Short Term Loans
Long term loans10,760,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue101
interest-1,210,500-1,076,000-349,700
cash flow from financing163,928-209,31910,609,775
cash and cash equivalents
cash
overdraft
change in cash

nlighten birmingham limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nlighten Birmingham Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nlighten birmingham limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CH1 area or any other competitors across 12 key performance metrics.

nlighten birmingham limited Ownership

NLIGHTEN BIRMINGHAM LIMITED group structure

Nlighten Birmingham Limited has no subsidiary companies.

Ultimate parent company

NLIGHTEN HQ BV

#0170923

2 parents

NLIGHTEN BIRMINGHAM LIMITED

13609125

NLIGHTEN BIRMINGHAM LIMITED Shareholders

proximity data centres limited 99.01%
icg-longbow investment no 5 s.a.r.l. 0.99%

nlighten birmingham limited directors

Nlighten Birmingham Limited currently has 2 directors. The longest serving directors include Mr Rory Milne (Sep 2021) and Mr John Craig (Dec 2021).

officercountryagestartendrole
Mr Rory MilneScotland60 years Sep 2021- Director
Mr John CraigEngland60 years Dec 2021- Director

P&L

December 2023

turnover

761.9k

-33%

operating profit

-566.5k

0%

gross margin

27.8%

-6.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-1.9m

+13.92%

total assets

11.3m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

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nlighten birmingham limited company details

company number

13609125

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

62030 - Computer facilities management activities

incorporation date

September 2021

age

4

incorporated

UK

ultimate parent company

NLIGHTEN HQ BV

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

proximity data centres (birmingham) limited (January 2025)

accountant

-

auditor

-

address

proximity house, unit 2, chester gates, chester, CH1 6LT

Bank

-

Legal Advisor

-

nlighten birmingham 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 1 charges/mortgages relating to nlighten birmingham limited. Currently there are 1 open charges and 0 have been satisfied in the past.

nlighten birmingham 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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nlighten birmingham limited Companies House Filings - See Documents

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