neemac ltd

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neemac ltd Company Information

Share NEEMAC LTD

Company Number

13717814

Shareholders

joanne mckernan

daniel mckernan

Group Structure

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Industry

Management consultancy activities (other than financial management)

 +1

Registered Address

33 bradfield way, waverley, rotherham, S60 8WE

Website

-

neemac ltd Estimated Valuation

£291.7k

Pomanda estimates the enterprise value of NEEMAC LTD at £291.7k based on a Turnover of £153.6k and 1.9x industry multiple (adjusted for size and gross margin).

neemac ltd Estimated Valuation

£172.6k

Pomanda estimates the enterprise value of NEEMAC LTD at £172.6k based on an EBITDA of £31.9k and a 5.41x industry multiple (adjusted for size and gross margin).

neemac ltd Estimated Valuation

£84.9k

Pomanda estimates the enterprise value of NEEMAC LTD at £84.9k based on Net Assets of £38.4k and 2.21x industry multiple (adjusted for liquidity).

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Neemac Ltd Overview

Neemac Ltd is a live company located in rotherham, S60 8WE with a Companies House number of 13717814. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2021, it's largest shareholder is joanne mckernan with a 50% stake. Neemac Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £153.6k with unknown growth in recent years.

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Neemac Ltd Health Check

Pomanda's financial health check has awarded Neemac Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £153.6k, make it smaller than the average company (£674.4k)

£153.6k - Neemac Ltd

£674.4k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Neemac Ltd

- - Industry AVG

production

Production

with a gross margin of 66.5%, this company has a comparable cost of product (66.5%)

66.5% - Neemac Ltd

66.5% - Industry AVG

profitability

Profitability

an operating margin of 20.8% make it as profitable than the average company (17.8%)

20.8% - Neemac Ltd

17.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Neemac Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Neemac Ltd

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £153.6k, this is equally as efficient (£153.6k)

£153.6k - Neemac Ltd

£153.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Neemac Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Neemac Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Neemac Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (18 weeks)

5 weeks - Neemac Ltd

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.6%, this is a higher level of debt than the average (61.2%)

69.6% - Neemac Ltd

61.2% - Industry AVG

NEEMAC LTD financials

EXPORTms excel logo

Neemac Ltd's latest turnover from April 2024 is estimated at £153.6 thousand and the company has net assets of £38.4 thousand. According to their latest financial statements, Neemac Ltd has 1 employee and maintains cash reserves of £2.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023
Turnover153,559147,161
Other Income Or Grants
Cost Of Sales51,40550,075
Gross Profit102,15497,085
Admin Expenses70,23077,960
Operating Profit31,92419,125
Interest Payable
Interest Receivable7313
Pre-Tax Profit31,99719,139
Tax-7,999-4,785
Profit After Tax23,99814,354
Dividends Paid
Retained Profit23,99814,354
Employee Costs42,61839,549
Number Of Employees11
EBITDA*31,92419,125

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023
Tangible Assets
Intangible Assets
Investments & Other123,82665,325
Debtors (Due After 1 year)
Total Fixed Assets123,82665,325
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash2,169625
misc current assets
total current assets2,169625
total assets125,99565,950
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities21,29111,433
total current liabilities21,29111,433
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities66,35040,161
provisions
total long term liabilities66,35040,161
total liabilities87,64151,594
net assets38,35414,356
total shareholders funds38,35414,356
Apr 2024Apr 2023
Operating Activities
Operating Profit31,92419,125
Depreciation
Amortisation
Tax-7,999-4,785
Stock
Debtors
Creditors
Accruals and Deferred Income9,85811,433
Deferred Taxes & Provisions
Cash flow from operations33,78325,773
Investing Activities
capital expenditure
Change in Investments58,50165,325
cash flow from investments-58,501-65,325
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities26,18940,161
share issue2
interest7313
cash flow from financing26,26240,176
cash and cash equivalents
cash1,544625
overdraft
change in cash1,544625

neemac ltd 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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Neemac Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for neemac ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in S60 area or any other competitors across 12 key performance metrics.

neemac ltd Ownership

NEEMAC LTD group structure

Neemac Ltd has no subsidiary companies.

Ultimate parent company

NEEMAC LTD

13717814

NEEMAC LTD Shareholders

joanne mckernan 50%
daniel mckernan 50%

neemac ltd directors

Neemac Ltd currently has 1 director, Mr Daniel McKernan serving since Nov 2021.

officercountryagestartendrole
Mr Daniel McKernanEngland52 years Nov 2021- Director

P&L

April 2024

turnover

153.6k

+4%

operating profit

31.9k

0%

gross margin

66.6%

+0.84%

turnover

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

Balance Sheet

April 2024

net assets

38.4k

+1.67%

total assets

126k

+0.91%

cash

2.2k

+2.47%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

neemac ltd company details

company number

13717814

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

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

incorporation date

November 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

BREARLEY & CO ACCOUNTANTS LIMITED

auditor

-

address

33 bradfield way, waverley, rotherham, S60 8WE

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

neemac 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 neemac ltd.

neemac 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.

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neemac ltd Companies House Filings - See Documents

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