nowruz enterprises limited
nowruz enterprises limited Company Information
Company Number
14357552
Website
-Registered Address
c/o larking gowen, 1st floor prospect house, norwich, norfolk, NR1 1RE
Industry
Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
Dispensing chemist in specialised stores
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
marjan ravakhah 50%
ardeshir danesh 50%
nowruz enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of NOWRUZ ENTERPRISES LIMITED at £111.1k based on a Turnover of £285.6k and 0.39x industry multiple (adjusted for size and gross margin).
nowruz enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of NOWRUZ ENTERPRISES LIMITED at £116.3k based on an EBITDA of £25.8k and a 4.51x industry multiple (adjusted for size and gross margin).
nowruz enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of NOWRUZ ENTERPRISES LIMITED at £0 based on Net Assets of £-1.3k and 2.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nowruz Enterprises Limited Overview
Nowruz Enterprises Limited is a live company located in norwich, NR1 1RE with a Companies House number of 14357552. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in September 2022, it's largest shareholder is marjan ravakhah with a 50% stake. Nowruz Enterprises Limited is a startup, micro sized company, Pomanda has estimated its turnover at £285.6k with unknown growth in recent years.
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Nowruz Enterprises Limited Health Check
Pomanda's financial health check has awarded Nowruz Enterprises Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £285.6k, make it smaller than the average company (£14.1m)
- Nowruz Enterprises Limited
£14.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nowruz Enterprises Limited
- - Industry AVG
Production
with a gross margin of 37.5%, this company has a comparable cost of product (37.5%)
- Nowruz Enterprises Limited
37.5% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (4.5%)
- Nowruz Enterprises Limited
4.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (57)
2 - Nowruz Enterprises Limited
57 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Nowruz Enterprises Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £142.8k, this is less efficient (£209.1k)
- Nowruz Enterprises Limited
£209.1k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (35 days)
- Nowruz Enterprises Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 276 days, this is slower than average (55 days)
- Nowruz Enterprises Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is in line with average (69 days)
- Nowruz Enterprises Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Nowruz Enterprises Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.2%, this is a higher level of debt than the average (57.8%)
100.2% - Nowruz Enterprises Limited
57.8% - Industry AVG
NOWRUZ ENTERPRISES LIMITED financials
Nowruz Enterprises Limited's latest turnover from March 2024 is estimated at £285.6 thousand and the company has net assets of -£1.3 thousand. According to their latest financial statements, Nowruz Enterprises Limited has 2 employees and maintains cash reserves of £40.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Sep 2023 | Sep 2022 | |
|---|---|---|---|
| Tangible Assets | 16,481 | 0 | 0 |
| Intangible Assets | 565,010 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 581,491 | 0 | 0 |
| Stock & work in progress | 32,683 | 0 | 0 |
| Trade Debtors | 10,247 | 100 | 100 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 134,873 | 0 | 0 |
| Cash | 40,415 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 218,218 | 100 | 100 |
| total assets | 799,709 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 135,409 | 0 | 0 |
| Group/Directors Accounts | 653,952 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 11,602 | 0 | 0 |
| total current liabilities | 800,963 | 0 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 800,963 | 0 | 0 |
| net assets | -1,254 | 100 | 100 |
| total shareholders funds | -1,254 | 100 | 100 |
| Mar 2024 | Sep 2023 | Sep 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 3,577 | 0 | 0 |
| Amortisation | 24,566 | 0 | 0 |
| Tax | |||
| Stock | 32,683 | 0 | 0 |
| Debtors | 145,020 | 0 | 100 |
| Creditors | 135,409 | 0 | 0 |
| Accruals and Deferred Income | 11,602 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 653,952 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 40,415 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 40,415 | 0 | 0 |
nowruz enterprises limited Credit Report and Business Information
Nowruz Enterprises Limited Competitor Analysis
Perform a competitor analysis for nowruz enterprises limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NR1 area or any other competitors across 12 key performance metrics.
nowruz enterprises limited Ownership
NOWRUZ ENTERPRISES LIMITED group structure
Nowruz Enterprises Limited has no subsidiary companies.
Ultimate parent company
NOWRUZ ENTERPRISES LIMITED
14357552
nowruz enterprises limited directors
Nowruz Enterprises Limited currently has 2 directors. The longest serving directors include Dr Ardeshir Danesh (Sep 2022) and Mrs Marjan Ravakhah (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Ardeshir Danesh | England | 51 years | Sep 2022 | - | Director |
| Mrs Marjan Ravakhah | England | 51 years | Sep 2022 | - | Director |
P&L
March 2024turnover
285.6k
+26931%
operating profit
-2.4k
0%
gross margin
37.5%
-2.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.3k
-13.54%
total assets
799.7k
+7996.09%
cash
40.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
nowruz enterprises limited company details
company number
14357552
Type
Private limited with Share Capital
industry
47750 - Retail sale of cosmetic and toilet articles in specialised stores
47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
47730 - Dispensing chemist in specialised stores
incorporation date
September 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o larking gowen, 1st floor prospect house, norwich, norfolk, NR1 1RE
Bank
-
Legal Advisor
-
nowruz enterprises 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 nowruz enterprises limited.
nowruz enterprises limited Companies House Filings - See Documents
| date | description | view/download |
|---|
