ni water clear limited
ni water clear limited Company Information
Company Number
NI647548
Next Accounts
Dec 2025
Shareholders
northern ireland water limited
Group Structure
View All
Industry
Water collection, treatment and supply
+1Registered Address
westland house, old westland road, belfast, co antrim, BT14 6TE
Website
www.niwater.comni water clear limited Estimated Valuation
Pomanda estimates the enterprise value of NI WATER CLEAR LIMITED at £0 based on a Turnover of £0 and 0.98x industry multiple (adjusted for size and gross margin).
ni water clear limited Estimated Valuation
Pomanda estimates the enterprise value of NI WATER CLEAR LIMITED at £0 based on an EBITDA of £-13k and a 4.53x industry multiple (adjusted for size and gross margin).
ni water clear limited Estimated Valuation
Pomanda estimates the enterprise value of NI WATER CLEAR LIMITED at £21.2m based on Net Assets of £8.1m and 2.61x industry multiple (adjusted for liquidity).
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Ni Water Clear Limited Overview
Ni Water Clear Limited is a live company located in belfast, BT14 6TE with a Companies House number of NI647548. It operates in the water collection, treatment and supply sector, SIC Code 36000. Founded in August 2017, it's largest shareholder is northern ireland water limited with a 100% stake. Ni Water Clear Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Ni Water Clear Limited Health Check
Pomanda's financial health check has awarded Ni Water Clear Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 2 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Ni Water Clear Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ni Water Clear Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ni Water Clear Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ni Water Clear Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (82)
- Ni Water Clear Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ni Water Clear Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Ni Water Clear Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ni Water Clear Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ni Water Clear Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ni Water Clear Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)
- - Ni Water Clear Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.4%, this is a similar level of debt than the average (72.8%)
- - Ni Water Clear Limited
- - Industry AVG
NI WATER CLEAR LIMITED financials
Ni Water Clear Limited's latest turnover from March 2024 is 0 and the company has net assets of £8.1 million. According to their latest financial statements, we estimate that Ni Water Clear Limited has 1 employee and maintains cash reserves of £516 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | -13,000 | -5,000 | -9,000 | -7,000 | -7,000 | -6,000 | -4,000 |
| Interest Payable | 1,761,000 | 1,474,000 | 1,357,000 | 1,429,000 | 389,000 | 361,000 | 115,000 |
| Interest Receivable | 1,847,000 | 1,562,000 | 1,620,000 | 1,617,000 | 1,498,000 | 1,389,000 | 536,000 |
| Pre-Tax Profit | 73,000 | 83,000 | 254,000 | 181,000 | 1,102,000 | 1,022,000 | 417,000 |
| Tax | 105,000 | 105,000 | -209,000 | ||||
| Profit After Tax | 73,000 | 83,000 | 359,000 | 286,000 | 893,000 | 1,022,000 | 417,000 |
| Dividends Paid | |||||||
| Retained Profit | 73,000 | 83,000 | 359,000 | 286,000 | 893,000 | 1,022,000 | 417,000 |
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | -13,000 | -5,000 | -9,000 | -7,000 | -7,000 | -6,000 | -4,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 12,627,000 | 12,627,000 | 12,627,000 | 12,627,000 | 12,627,000 | 12,627,000 | 12,627,000 |
| Debtors (Due After 1 year) | 9,550,000 | 10,023,000 | 12,206,000 | ||||
| Total Fixed Assets | 22,177,000 | 22,650,000 | 12,627,000 | 12,627,000 | 12,627,000 | 12,627,000 | 24,833,000 |
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | 13,316,000 | 12,430,000 | 22,356,000 | 23,692,000 | 20,911,000 | 19,413,000 | |
| Misc Debtors | 105,000 | 4,057,000 | |||||
| Cash | 516,000 | 828,000 | 1,003,000 | 114,000 | 1,809,000 | 1,815,000 | 911,000 |
| misc current assets | |||||||
| total current assets | 13,832,000 | 13,258,000 | 23,464,000 | 23,806,000 | 22,720,000 | 21,228,000 | 4,968,000 |
| total assets | 36,009,000 | 35,908,000 | 36,091,000 | 36,433,000 | 35,347,000 | 33,855,000 | 29,801,000 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | 14,255,000 | 12,768,000 | 11,673,000 | 11,104,000 | 8,916,000 | 32,410,000 | 29,380,000 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 13,000 | 7,000 | 9,000 | 7,000 | 217,000 | 6,000 | 4,000 |
| total current liabilities | 14,268,000 | 12,775,000 | 11,682,000 | 11,111,000 | 9,133,000 | 32,416,000 | 29,384,000 |
| loans | 13,608,000 | 15,073,000 | 16,432,000 | 17,704,000 | 18,882,000 | ||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 13,608,000 | 15,073,000 | 16,432,000 | 17,704,000 | 18,882,000 | ||
| total liabilities | 27,876,000 | 27,848,000 | 28,114,000 | 28,815,000 | 28,015,000 | 32,416,000 | 29,384,000 |
| net assets | 8,133,000 | 8,060,000 | 7,977,000 | 7,618,000 | 7,332,000 | 1,439,000 | 417,000 |
| total shareholders funds | 8,133,000 | 8,060,000 | 7,977,000 | 7,618,000 | 7,332,000 | 1,439,000 | 417,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -13,000 | -5,000 | -9,000 | -7,000 | -7,000 | -6,000 | -4,000 |
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | 105,000 | 105,000 | -209,000 | ||||
| Stock | |||||||
| Debtors | 413,000 | -8,000 | -1,231,000 | 2,781,000 | 1,498,000 | 3,150,000 | 16,263,000 |
| Creditors | |||||||
| Accruals and Deferred Income | 6,000 | -2,000 | 2,000 | -210,000 | 211,000 | 2,000 | 4,000 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -420,000 | 1,000 | 1,329,000 | -2,893,000 | -1,503,000 | -3,154,000 | -16,263,000 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 12,627,000 | ||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 1,487,000 | 1,095,000 | 569,000 | 2,188,000 | -23,494,000 | 3,030,000 | 29,380,000 |
| Other Short Term Loans | |||||||
| Long term loans | -1,465,000 | -1,359,000 | -1,272,000 | -1,178,000 | 18,882,000 | ||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | 86,000 | 88,000 | 263,000 | 188,000 | 1,109,000 | 1,028,000 | 421,000 |
| cash flow from financing | 108,000 | -176,000 | -440,000 | 1,198,000 | 1,497,000 | 4,058,000 | 29,801,000 |
| cash and cash equivalents | |||||||
| cash | -312,000 | -175,000 | 889,000 | -1,695,000 | -6,000 | 904,000 | 911,000 |
| overdraft | |||||||
| change in cash | -312,000 | -175,000 | 889,000 | -1,695,000 | -6,000 | 904,000 | 911,000 |
ni water clear limited Credit Report and Business Information
Ni Water Clear Limited Competitor Analysis
Perform a competitor analysis for ni water clear limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other young companies, companies in BT14 area or any other competitors across 12 key performance metrics.
ni water clear limited Ownership
NI WATER CLEAR LIMITED group structure
Ni Water Clear Limited has 3 subsidiary companies.
Ultimate parent company
DEPARTMENT FOR INFRASTRUCTURE
#0054532
2 parents
NI WATER CLEAR LIMITED
NI647548
3 subsidiaries
ni water clear limited directors
Ni Water Clear Limited currently has 2 directors. The longest serving directors include Mr Ronan Larkin (Aug 2017) and Mrs Sara Venning (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronan Larkin | Northern Ireland | 59 years | Aug 2017 | - | Director |
| Mrs Sara Venning | 52 years | Aug 2017 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
-13k
+160%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
8.1m
+0.01%
total assets
36m
0%
cash
516k
-0.38%
net assets
Total assets minus all liabilities
ni water clear limited company details
company number
NI647548
Type
Private limited with Share Capital
industry
36000 - Water collection, treatment and supply
37000 - Sewerage
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
KPMG
address
westland house, old westland road, belfast, co antrim, BT14 6TE
Bank
DANSKE BANK
Legal Advisor
-
ni water clear 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 ni water clear limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ni water clear 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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ni water clear limited Companies House Filings - See Documents
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