nordie 2 limited
nordie 2 limited Company Information
Company Number
14036646
Next Accounts
Sep 2025
Shareholders
nordie limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
level 7 one bartholomew close, barts square, london, EC1A 7BL
Website
-nordie 2 limited Estimated Valuation
Pomanda estimates the enterprise value of NORDIE 2 LIMITED at £5.5m based on a Turnover of £8.4m and 0.66x industry multiple (adjusted for size and gross margin).
nordie 2 limited Estimated Valuation
Pomanda estimates the enterprise value of NORDIE 2 LIMITED at £88m based on an EBITDA of £18.3m and a 4.8x industry multiple (adjusted for size and gross margin).
nordie 2 limited Estimated Valuation
Pomanda estimates the enterprise value of NORDIE 2 LIMITED at £296.7m based on Net Assets of £139.1m and 2.13x industry multiple (adjusted for liquidity).
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Nordie 2 Limited Overview
Nordie 2 Limited is a live company located in london, EC1A 7BL with a Companies House number of 14036646. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2022, it's largest shareholder is nordie limited with a 100% stake. Nordie 2 Limited is a startup, mid sized company, Pomanda has estimated its turnover at £8.4m with unknown growth in recent years.
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Nordie 2 Limited Health Check
Pomanda's financial health check has awarded Nordie 2 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 0 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
0 Weak
Size
annual sales of £8.4m, make it larger than the average company (£4.8m)
£8.4m - Nordie 2 Limited
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nordie 2 Limited
- - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Nordie 2 Limited
38.2% - Industry AVG
Profitability
an operating margin of 219.3% make it more profitable than the average company (5.7%)
219.3% - Nordie 2 Limited
5.7% - Industry AVG
Employees
with 49 employees, this is above the industry average (27)
- Nordie 2 Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Nordie 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £170.8k, this is equally as efficient (£171.3k)
- Nordie 2 Limited
£171.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Nordie 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nordie 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nordie 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 136 weeks, this is more cash available to meet short term requirements (22 weeks)
136 weeks - Nordie 2 Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a similar level of debt than the average (62.6%)
59.3% - Nordie 2 Limited
62.6% - Industry AVG
NORDIE 2 LIMITED financials
Nordie 2 Limited's latest turnover from December 2023 is £8.4 million and the company has net assets of £139.1 million. According to their latest financial statements, we estimate that Nordie 2 Limited has 49 employees and maintains cash reserves of £55.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 8,366,830 | |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | 18,344,823 | |
| Interest Payable | 8,458,213 | |
| Interest Receivable | 26,692 | |
| Pre-Tax Profit | 9,913,302 | |
| Tax | ||
| Profit After Tax | 9,913,302 | |
| Dividends Paid | ||
| Retained Profit | 9,913,302 | |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* | 18,344,823 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 333,292,841 | |
| Intangible Assets | ||
| Investments & Other | 333,292,841 | |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 333,292,841 | |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | 8,366,829 | 1 |
| Misc Debtors | ||
| Cash | 55,942 | |
| misc current assets | ||
| total current assets | 8,422,771 | 1 |
| total assets | 341,715,612 | 1 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | ||
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 21,244 | |
| total current liabilities | 21,244 | |
| loans | 202,574,630 | |
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | 202,574,630 | |
| total liabilities | 202,595,874 | |
| net assets | 139,119,738 | 1 |
| total shareholders funds | 139,119,738 | 1 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 18,344,823 | |
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 8,366,828 | 1 |
| Creditors | ||
| Accruals and Deferred Income | 21,244 | |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | 9,999,239 | -1 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 333,292,841 | |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | 202,574,630 | |
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | -8,431,521 | |
| cash flow from financing | 323,349,544 | 1 |
| cash and cash equivalents | ||
| cash | 55,942 | |
| overdraft | ||
| change in cash | 55,942 |
nordie 2 limited Credit Report and Business Information
Nordie 2 Limited Competitor Analysis
Perform a competitor analysis for nordie 2 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC1A area or any other competitors across 12 key performance metrics.
nordie 2 limited Ownership
NORDIE 2 LIMITED group structure
Nordie 2 Limited has no subsidiary companies.
Ultimate parent company
2 parents
NORDIE 2 LIMITED
14036646
nordie 2 limited directors
Nordie 2 Limited currently has 5 directors. The longest serving directors include Mr Benjamin Smith (Mar 2023) and Mr Philip George (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Smith | England | 39 years | Mar 2023 | - | Director |
| Mr Philip George | United Kingdom | 53 years | Jul 2023 | - | Director |
| Mr Simon Thorneloe | United Kingdom | 42 years | Feb 2024 | - | Director |
| Mr Axel Rescanieres | United Kingdom | 30 years | Feb 2024 | - | Director |
| Mr Clement Leverd | United Kingdom | 38 years | Nov 2024 | - | Director |
P&L
December 2023turnover
8.4m
0%
operating profit
18.3m
0%
gross margin
38.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
139.1m
+139119737%
total assets
341.7m
+341715611%
cash
55.9k
0%
net assets
Total assets minus all liabilities
Similar Companies
nordie 2 limited company details
company number
14036646
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2022
age
3
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
fibre business infrastructure limited (March 2023)
accountant
-
auditor
KPMG LLP
address
level 7 one bartholomew close, barts square, london, EC1A 7BL
Bank
ROYAL BANK OF SCOTLAND(IOM)LTD
Legal Advisor
-
nordie 2 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 did not find charges/mortgages relating to nordie 2 limited.
nordie 2 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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nordie 2 limited Companies House Filings - See Documents
| date | description | view/download |
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