n.i.o. development limited
n.i.o. development limited Company Information
Company Number
NI634393
Next Accounts
Sep 2025
Industry
Development of building projects
Directors
Shareholders
andon enterprises limited
Group Structure
View All
Contact
Registered Address
victoria house, gloucester street, belfast, BT1 4LS
Website
-n.i.o. development limited Estimated Valuation
Pomanda estimates the enterprise value of N.I.O. DEVELOPMENT LIMITED at £509.8k based on a Turnover of £912.4k and 0.56x industry multiple (adjusted for size and gross margin).
n.i.o. development limited Estimated Valuation
Pomanda estimates the enterprise value of N.I.O. DEVELOPMENT LIMITED at £2.9m based on an EBITDA of £742.3k and a 3.92x industry multiple (adjusted for size and gross margin).
n.i.o. development limited Estimated Valuation
Pomanda estimates the enterprise value of N.I.O. DEVELOPMENT LIMITED at £0 based on Net Assets of £-3.7m and 1.56x industry multiple (adjusted for liquidity).
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N.i.o. Development Limited Overview
N.i.o. Development Limited is a live company located in belfast, BT1 4LS with a Companies House number of NI634393. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2015, it's largest shareholder is andon enterprises limited with a 100% stake. N.i.o. Development Limited is a young, small sized company, Pomanda has estimated its turnover at £912.4k with rapid growth in recent years.
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N.i.o. Development Limited Health Check
Pomanda's financial health check has awarded N.I.O. Development Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £912.4k, make it smaller than the average company (£2.6m)
- N.i.o. Development Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 103%, show it is growing at a faster rate (4.8%)
- N.i.o. Development Limited
4.8% - Industry AVG
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
- N.i.o. Development Limited
26.7% - Industry AVG
Profitability
an operating margin of 81.4% make it more profitable than the average company (7%)
- N.i.o. Development Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - N.i.o. Development Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- N.i.o. Development Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £912.4k, this is more efficient (£299.1k)
- N.i.o. Development Limited
£299.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- N.i.o. Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
- N.i.o. Development Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1477 days, this is more than average (161 days)
- N.i.o. Development Limited
161 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 544 weeks, this is more cash available to meet short term requirements (12 weeks)
544 weeks - N.i.o. Development Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 228.6%, this is a higher level of debt than the average (73.2%)
228.6% - N.i.o. Development Limited
73.2% - Industry AVG
N.I.O. DEVELOPMENT LIMITED financials
N.I.O. Development Limited's latest turnover from December 2023 is estimated at £912.4 thousand and the company has net assets of -£3.7 million. According to their latest financial statements, N.I.O. Development Limited has 1 employee and maintains cash reserves of £82.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,706,608 | 2,706,609 | 2,706,449 | 0 | 0 | 7,322,391 | 7,322,391 | 7,322,391 |
| Trade Debtors | 0 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 56,932 | 30,414 | 0 | 0 | 0 | 0 | 0 | 21,970 |
| Misc Debtors | 2,262 | 321 | 80,491 | 1,376 | 2,248 | 1 | 10,893 | 80,319 |
| Cash | 82,083 | 130,771 | 149,644 | 208,169 | 223,288 | 527,854 | 1,085,107 | 1,492,836 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,847,885 | 2,893,115 | 2,936,584 | 209,545 | 225,536 | 7,850,246 | 8,418,391 | 8,917,516 |
| total assets | 2,847,885 | 2,893,115 | 2,936,584 | 209,545 | 225,536 | 7,850,246 | 8,418,391 | 8,917,516 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,891 | 2,415 | 5,622 | 522 | 1,170 | 4,315 | 26,790 | 37,414 |
| Group/Directors Accounts | 0 | 3,102,517 | 5,750 | 2,742,335 | 2,827,768 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,950 | 4,106 | 3,150 | 2,500 | 3,000 | 253,869 | 208,515 | 227,208 |
| total current liabilities | 7,841 | 3,109,038 | 14,522 | 2,745,357 | 2,831,938 | 258,184 | 235,305 | 264,622 |
| loans | 6,502,324 | 3,581,849 | 5,819,782 | 0 | 0 | 12,889,796 | 12,136,646 | 12,462,729 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,502,324 | 3,581,849 | 5,819,782 | 0 | 0 | 12,889,796 | 12,136,646 | 12,462,729 |
| total liabilities | 6,510,165 | 6,690,887 | 5,834,304 | 2,745,357 | 2,831,938 | 13,147,980 | 12,371,951 | 12,727,351 |
| net assets | -3,662,280 | -3,797,772 | -2,897,720 | -2,535,812 | -2,606,402 | -5,297,734 | -3,953,560 | -3,809,835 |
| total shareholders funds | -3,662,280 | -3,797,772 | -2,897,720 | -2,535,812 | -2,606,402 | -5,297,734 | -3,953,560 | -3,809,835 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -1 | 160 | 2,706,449 | 0 | -7,322,391 | 0 | 0 | 7,322,391 |
| Debtors | 3,459 | -24,756 | 79,115 | -872 | 2,247 | -10,892 | -91,396 | 102,289 |
| Creditors | 1,476 | -3,207 | 5,100 | -648 | -3,145 | -22,475 | -10,624 | 37,414 |
| Accruals and Deferred Income | -156 | 956 | 650 | -500 | -250,869 | 45,354 | -18,693 | 227,208 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,102,517 | 3,096,767 | -2,736,585 | -85,433 | 2,827,768 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 2,920,475 | -2,237,933 | 5,819,782 | 0 | -12,889,796 | 753,150 | -326,083 | 12,462,729 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -48,688 | -18,873 | -58,525 | -15,119 | -304,566 | -557,253 | -407,729 | 1,492,836 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -48,688 | -18,873 | -58,525 | -15,119 | -304,566 | -557,253 | -407,729 | 1,492,836 |
n.i.o. development limited Credit Report and Business Information
N.i.o. Development Limited Competitor Analysis
Perform a competitor analysis for n.i.o. development limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
n.i.o. development limited Ownership
N.I.O. DEVELOPMENT LIMITED group structure
N.I.O. Development Limited has no subsidiary companies.
Ultimate parent company
ANDON ENTERPRISES LTD
#0048537
1 parent
N.I.O. DEVELOPMENT LIMITED
NI634393
n.i.o. development limited directors
N.I.O. Development Limited currently has 1 director, Mr Aivars Kaupuzs serving since Oct 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aivars Kaupuzs | United Kingdom | 48 years | Oct 2015 | - | Director |
P&L
December 2023turnover
912.4k
+31%
operating profit
742.3k
0%
gross margin
26.8%
+0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.7m
-0.04%
total assets
2.8m
-0.02%
cash
82.1k
-0.37%
net assets
Total assets minus all liabilities
n.i.o. development limited company details
company number
NI634393
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
york street student properties limited (October 2020)
accountant
MENZIES LLP
auditor
-
address
victoria house, gloucester street, belfast, BT1 4LS
Bank
-
Legal Advisor
-
n.i.o. development 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 n.i.o. development limited.
n.i.o. development 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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n.i.o. development limited Companies House Filings - See Documents
| date | description | view/download |
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