north west regional science park limited
north west regional science park limited Company Information
Company Number
NI614527
Next Accounts
Dec 2025
Shareholders
northern ireland science park (holdings) ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
the innovation centre, queens road, belfast, antrim, BT3 9DT
Website
http://nisp.co.uknorth west regional science park limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH WEST REGIONAL SCIENCE PARK LIMITED at £320.6k based on a Turnover of £451k and 0.71x industry multiple (adjusted for size and gross margin).
north west regional science park limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH WEST REGIONAL SCIENCE PARK LIMITED at £1.2m based on an EBITDA of £214k and a 5.62x industry multiple (adjusted for size and gross margin).
north west regional science park limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH WEST REGIONAL SCIENCE PARK LIMITED at £0 based on Net Assets of £-113k and 1.41x industry multiple (adjusted for liquidity).
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North West Regional Science Park Limited Overview
North West Regional Science Park Limited is a live company located in belfast, BT3 9DT with a Companies House number of NI614527. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2012, it's largest shareholder is northern ireland science park (holdings) ltd with a 100% stake. North West Regional Science Park Limited is a established, micro sized company, Pomanda has estimated its turnover at £451k with healthy growth in recent years.
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North West Regional Science Park Limited Health Check
Pomanda's financial health check has awarded North West Regional Science Park Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £451k, make it smaller than the average company (£2.3m)
£451k - North West Regional Science Park Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6%)
6% - North West Regional Science Park Limited
6% - Industry AVG
Production
with a gross margin of 50.8%, this company has a lower cost of product (26.3%)
50.8% - North West Regional Science Park Limited
26.3% - Industry AVG
Profitability
an operating margin of -22.4% make it less profitable than the average company (7.5%)
-22.4% - North West Regional Science Park Limited
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - North West Regional Science Park Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - North West Regional Science Park Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £150.3k, this is less efficient (£277.7k)
£150.3k - North West Regional Science Park Limited
£277.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (27 days)
12 days - North West Regional Science Park Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (31 days)
37 days - North West Regional Science Park Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - North West Regional Science Park Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - North West Regional Science Park Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.3%, this is a higher level of debt than the average (73.8%)
102.3% - North West Regional Science Park Limited
73.8% - Industry AVG
NORTH WEST REGIONAL SCIENCE PARK LIMITED financials
North West Regional Science Park Limited's latest turnover from March 2024 is £451 thousand and the company has net assets of -£113 thousand. According to their latest financial statements, North West Regional Science Park Limited has 3 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 451,000 | 455,000 | 468,000 | 377,000 | 483,000 | 501,000 | 463,000 | 446,000 | 496,000 | 345,000 | 227,124 | 120,562 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 222,000 | 51,000 | 249,000 | 197,000 | 274,000 | 257,000 | 269,000 | 267,000 | 256,000 | 30,000 | 113,116 | |
| Gross Profit | 229,000 | 404,000 | 219,000 | 180,000 | 209,000 | 244,000 | 194,000 | 179,000 | 240,000 | 315,000 | 227,124 | 7,446 |
| Admin Expenses | 330,000 | 319,000 | 227,055 | 7,446 | ||||||||
| Operating Profit | -101,000 | 85,000 | 69 | |||||||||
| Interest Payable | 39 | |||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -101,000 | 85,000 | 8,000 | 1,000 | -32,000 | 8,000 | -37,000 | -28,000 | 22,000 | -33,000 | 30 | |
| Tax | 15,000 | -6,000 | -6,000 | -3,000 | -4,000 | 6,000 | -8,000 | -6 | ||||
| Profit After Tax | -86,000 | 79,000 | 2,000 | -2,000 | -36,000 | 8,000 | -37,000 | -22,000 | 14,000 | -33,000 | 24 | |
| Dividends Paid | ||||||||||||
| Retained Profit | -86,000 | 79,000 | 2,000 | -2,000 | -36,000 | 8,000 | -37,000 | -22,000 | 14,000 | -33,000 | 24 | |
| Employee Costs | ||||||||||||
| Number Of Employees | 3 | |||||||||||
| EBITDA* | 214,000 | 395,000 | 69 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,808,000 | 5,090,000 | 5,370,000 | 5,629,000 | 5,930,000 | 6,176,000 | 6,519,000 | 6,796,000 | 7,188,000 | 7,044,000 | 2,864,071 | 108,182 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 4,808,000 | 5,090,000 | 5,370,000 | 5,629,000 | 5,930,000 | 6,176,000 | 6,519,000 | 6,796,000 | 7,188,000 | 7,044,000 | 2,864,071 | 108,182 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 16,000 | 16,000 | 23,000 | 6,000 | 76,000 | 60,000 | 72,000 | 125,000 | 184,000 | 69,000 | ||
| Group Debtors | 2,000 | 1,329,000 | 470,434 | |||||||||
| Misc Debtors | 61,000 | 9,000 | 5,000 | 2,000 | 7,000 | 5,000 | 17,000 | 10,000 | 11,000 | 317,000 | 134,000 | |
| Cash | 2,000 | 144,000 | 107,000 | 102,000 | 33,000 | 34,000 | 36,000 | 26,000 | 5,000 | 70,000 | 243,273 | |
| misc current assets | 278 | |||||||||||
| total current assets | 79,000 | 169,000 | 135,000 | 110,000 | 116,000 | 99,000 | 125,000 | 161,000 | 202,000 | 1,785,000 | 847,985 | |
| total assets | 4,887,000 | 5,259,000 | 5,505,000 | 5,739,000 | 6,046,000 | 6,275,000 | 6,644,000 | 6,957,000 | 7,390,000 | 8,829,000 | 3,712,056 | 108,182 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 23,000 | 20,000 | 109,000 | 31,000 | 73,000 | 9,000 | 151,000 | 39,000 | 83,000 | 28,000 | 1,298,990 | |
| Group/Directors Accounts | 463,000 | 507,000 | 429,000 | 429,000 | 513,000 | 456,000 | 389,000 | 389,000 | 359,000 | 1,957,000 | 622,056 | 70,660 |
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 425,000 | 372,000 | 408,000 | 445,000 | 57,000 | 92,000 | 72,000 | 93,000 | 120,000 | 389,000 | 1,806 | |
| total current liabilities | 911,000 | 899,000 | 946,000 | 905,000 | 643,000 | 557,000 | 612,000 | 521,000 | 562,000 | 2,374,000 | 1,922,852 | 70,660 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 4,088,000 | 4,371,000 | 4,655,000 | 4,938,000 | 5,504,000 | |||||||
| provisions | 1,000 | 16,000 | 10,000 | 4,000 | 5,000 | 1,000 | 1,000 | 1,000 | 2,000 | |||
| total long term liabilities | 4,089,000 | 4,387,000 | 4,665,000 | 4,942,000 | 5,509,000 | 1,000 | 1,000 | 1,000 | 2,000 | |||
| total liabilities | 5,000,000 | 5,286,000 | 5,611,000 | 5,847,000 | 6,152,000 | 558,000 | 613,000 | 522,000 | 564,000 | 2,374,000 | 1,922,852 | 70,660 |
| net assets | -113,000 | -27,000 | -106,000 | -108,000 | -106,000 | 5,717,000 | 6,031,000 | 6,435,000 | 6,826,000 | 6,455,000 | 1,789,204 | 37,522 |
| total shareholders funds | -113,000 | -27,000 | -106,000 | -108,000 | -106,000 | 5,717,000 | 6,031,000 | 6,435,000 | 6,826,000 | 6,455,000 | 1,789,204 | 37,522 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -101,000 | 85,000 | 69 | |||||||||
| Depreciation | 315,000 | 310,000 | 303,000 | 303,000 | 302,000 | 345,000 | 390,000 | 390,000 | 391,000 | 219,000 | ||
| Amortisation | ||||||||||||
| Tax | 15,000 | -6,000 | -6,000 | -3,000 | -4,000 | 6,000 | -8,000 | -6 | ||||
| Stock | ||||||||||||
| Debtors | 52,000 | -3,000 | 20,000 | -75,000 | 18,000 | -24,000 | -46,000 | -62,000 | -1,518,000 | 1,110,566 | 604,434 | |
| Creditors | 3,000 | -89,000 | 78,000 | -42,000 | 64,000 | -142,000 | 112,000 | -44,000 | 55,000 | -1,270,990 | 1,298,990 | |
| Accruals and Deferred Income | 53,000 | -36,000 | -37,000 | 388,000 | -35,000 | 20,000 | -21,000 | -27,000 | -269,000 | 387,194 | 1,806 | |
| Deferred Taxes & Provisions | -15,000 | 6,000 | 6,000 | -1,000 | 4,000 | -1,000 | 2,000 | |||||
| Cash flow from operations | 218,000 | 273,000 | 696,425 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -44,000 | 78,000 | -84,000 | 57,000 | 67,000 | 30,000 | -1,598,000 | 1,334,944 | 551,396 | 70,660 | ||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -283,000 | -284,000 | -283,000 | -566,000 | 5,504,000 | |||||||
| share issue | ||||||||||||
| interest | -39 | |||||||||||
| cash flow from financing | -327,000 | -206,000 | -283,000 | -650,000 | -226,000 | -255,000 | -367,000 | -339,000 | -1,241,000 | 6,033,740 | 2,303,015 | 108,182 |
| cash and cash equivalents | ||||||||||||
| cash | -142,000 | 37,000 | 5,000 | 69,000 | -1,000 | -2,000 | 10,000 | 21,000 | -65,000 | -173,273 | 243,273 | |
| overdraft | ||||||||||||
| change in cash | -142,000 | 37,000 | 5,000 | 69,000 | -1,000 | -2,000 | 10,000 | 21,000 | -65,000 | -173,273 | 243,273 |
north west regional science park limited Credit Report and Business Information
North West Regional Science Park Limited Competitor Analysis
Perform a competitor analysis for north west regional science park limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BT3 area or any other competitors across 12 key performance metrics.
north west regional science park limited Ownership
NORTH WEST REGIONAL SCIENCE PARK LIMITED group structure
North West Regional Science Park Limited has no subsidiary companies.
Ultimate parent company
2 parents
NORTH WEST REGIONAL SCIENCE PARK LIMITED
NI614527
north west regional science park limited directors
North West Regional Science Park Limited currently has 3 directors. The longest serving directors include Mr Stephen Orr (Nov 2018) and Mr Gerard Kindlon (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Orr | 53 years | Nov 2018 | - | Director | |
| Mr Gerard Kindlon | Northern Ireland | 61 years | Oct 2021 | - | Director |
| Mr Gerard Kindlon | 61 years | Oct 2021 | - | Director |
P&L
March 2024turnover
451k
-1%
operating profit
-101k
-219%
gross margin
50.8%
-42.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-113k
+3.19%
total assets
4.9m
-0.07%
cash
2k
-0.99%
net assets
Total assets minus all liabilities
north west regional science park limited company details
company number
NI614527
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
AAB GROUP ACCOUNTANTS LIMITED
address
the innovation centre, queens road, belfast, antrim, BT3 9DT
Bank
BANK OF IRELAND
Legal Advisor
CLEAVER FULTON RANKIN
north west regional science park 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 north west regional science park limited. Currently there are 1 open charges and 0 have been satisfied in the past.
north west regional science park 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.
Click to start generating capital raising & share issue transactions for NORTH WEST REGIONAL SCIENCE PARK LIMITED. This can take several minutes, an email will notify you when this has completed.
north west regional science park limited Companies House Filings - See Documents
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