north ai solutions ltd

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north ai solutions ltd Company Information

Share NORTH AI SOLUTIONS LTD

Company Number

14652189

Shareholders

robert bloxham

nicholas mark smith

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Group Structure

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Industry

Computer consultancy activities

 

Registered Address

cornerblock 2 cornwall street, birmingham, west midlands, B3 2DX

Website

-

north ai solutions ltd Estimated Valuation

£26.7k

Pomanda estimates the enterprise value of NORTH AI SOLUTIONS LTD at £26.7k based on a Turnover of £53.4k and 0.5x industry multiple (adjusted for size and gross margin).

north ai solutions ltd Estimated Valuation

£2.2k

Pomanda estimates the enterprise value of NORTH AI SOLUTIONS LTD at £2.2k based on an EBITDA of £606 and a 3.58x industry multiple (adjusted for size and gross margin).

north ai solutions ltd Estimated Valuation

£1.1k

Pomanda estimates the enterprise value of NORTH AI SOLUTIONS LTD at £1.1k based on Net Assets of £455 and 2.33x industry multiple (adjusted for liquidity).

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North Ai Solutions Ltd Overview

North Ai Solutions Ltd is a live company located in west midlands, B3 2DX with a Companies House number of 14652189. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2023, it's largest shareholder is robert bloxham with a 35% stake. North Ai Solutions Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £53.4k with unknown growth in recent years.

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North Ai Solutions Ltd Health Check

Pomanda's financial health check has awarded North Ai Solutions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £53.4k, make it smaller than the average company (£3.2m)

£53.4k - North Ai Solutions Ltd

£3.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - North Ai Solutions Ltd

- - Industry AVG

production

Production

with a gross margin of 24.8%, this company has a higher cost of product (45.5%)

24.8% - North Ai Solutions Ltd

45.5% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (5.8%)

1.1% - North Ai Solutions Ltd

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (22)

2 - North Ai Solutions Ltd

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £63k, the company has an equivalent pay structure (£63k)

£63k - North Ai Solutions Ltd

£63k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £26.7k, this is less efficient (£138.3k)

£26.7k - North Ai Solutions Ltd

£138.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (61 days)

13 days - North Ai Solutions Ltd

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (27 days)

14 days - North Ai Solutions Ltd

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - North Ai Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - North Ai Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (58.8%)

77.6% - North Ai Solutions Ltd

58.8% - Industry AVG

NORTH AI SOLUTIONS LTD financials

EXPORTms excel logo

North Ai Solutions Ltd's latest turnover from December 2023 is estimated at £53.4 thousand and the company has net assets of £455. According to their latest financial statements, North Ai Solutions Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023
Turnover53,434
Other Income Or Grants
Cost Of Sales40,211
Gross Profit13,224
Admin Expenses12,617
Operating Profit607
Interest Payable
Interest Receivable
Pre-Tax Profit607
Tax-152
Profit After Tax455
Dividends Paid
Retained Profit455
Employee Costs126,069
Number Of Employees2
EBITDA*607

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors2,027
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets2,027
total assets2,027
Bank overdraft
Bank loan
Trade Creditors 1,572
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,572
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,572
net assets455
total shareholders funds455
Dec 2023
Operating Activities
Operating Profit607
Depreciation
Amortisation
Tax-152
Stock
Debtors2,027
Creditors1,572
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
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
overdraft
change in cash

north ai solutions 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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North Ai Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for north ai solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.

north ai solutions ltd Ownership

NORTH AI SOLUTIONS LTD group structure

North Ai Solutions Ltd has no subsidiary companies.

Ultimate parent company

NORTH AI SOLUTIONS LTD

14652189

NORTH AI SOLUTIONS LTD Shareholders

robert bloxham 35%
nicholas mark smith 35%
james nicholson-smith 20%
jakob heptinstall 10%

north ai solutions ltd directors

North Ai Solutions Ltd currently has 1 director, Mr Nicholas Smith serving since Feb 2023.

officercountryagestartendrole
Mr Nicholas SmithEngland55 years Feb 2023- Director

P&L

December 2023

turnover

53.4k

0%

operating profit

606.7

0%

gross margin

24.8%

0%

turnover

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

Balance Sheet

December 2023

net assets

455

0%

total assets

2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

north ai solutions ltd company details

company number

14652189

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

February 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

cornerblock 2 cornwall street, birmingham, west midlands, B3 2DX

Bank

-

Legal Advisor

-

north ai solutions 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 north ai solutions ltd.

north ai solutions 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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north ai solutions ltd Companies House Filings - See Documents

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