norkram limited

norkram limited Company Information

Share NORKRAM LIMITED
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Company Number

SC150224

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Shareholders

m. cruttenden

r.g. slater

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Group Structure

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Contact

Registered Address

19 bon accord crescent, aberdeen, aberdeenshire, AB11 6DE

norkram limited Estimated Valuation

£914.5k

Pomanda estimates the enterprise value of NORKRAM LIMITED at £914.5k based on a Turnover of £1.8m and 0.51x industry multiple (adjusted for size and gross margin).

norkram limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of NORKRAM LIMITED at £1.1m based on an EBITDA of £258k and a 4.39x industry multiple (adjusted for size and gross margin).

norkram limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of NORKRAM LIMITED at £3.5m based on Net Assets of £1.5m and 2.32x industry multiple (adjusted for liquidity).

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Norkram Limited Overview

Norkram Limited is a live company located in aberdeenshire, AB11 6DE with a Companies House number of SC150224. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 1994, it's largest shareholder is m. cruttenden with a 45% stake. Norkram Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with low growth in recent years.

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Norkram Limited Health Check

Pomanda's financial health check has awarded Norkram Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£2.3m)

£1.8m - Norkram Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9.2%)

1% - Norkram Limited

9.2% - Industry AVG

production

Production

with a gross margin of 47.8%, this company has a comparable cost of product (47.8%)

47.8% - Norkram Limited

47.8% - Industry AVG

profitability

Profitability

an operating margin of 9.6% make it more profitable than the average company (5.9%)

9.6% - Norkram Limited

5.9% - Industry AVG

employees

Employees

with 23 employees, this is above the industry average (19)

23 - Norkram Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)

£53.4k - Norkram Limited

£53.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.2k, this is less efficient (£122.9k)

£77.2k - Norkram Limited

£122.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (53 days)

48 days - Norkram Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is close to average (32 days)

34 days - Norkram Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Norkram Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 265 weeks, this is more cash available to meet short term requirements (26 weeks)

265 weeks - Norkram Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (52.5%)

16.3% - Norkram Limited

52.5% - Industry AVG

NORKRAM LIMITED financials

EXPORTms excel logo

Norkram Limited's latest turnover from June 2024 is estimated at £1.8 million and the company has net assets of £1.5 million. According to their latest financial statements, Norkram Limited has 23 employees and maintains cash reserves of £749 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover1,776,6781,720,9161,315,7411,723,3341,772,0591,853,3951,341,1821,087,5961,313,1061,287,584930,002911,821627,687909,672582,155
Other Income Or Grants000000000000000
Cost Of Sales927,051942,456732,014954,089969,166980,288714,532541,407631,781628,270468,529451,809307,589449,519278,506
Gross Profit849,627778,460583,727769,246802,893873,107626,650546,188681,325659,314461,474460,012320,097460,153303,648
Admin Expenses678,868699,650561,304506,272616,088764,503576,982448,219598,662421,540416,209356,467350,974313,584-20,516
Operating Profit170,75978,81022,423262,974186,805108,60449,66897,96982,663237,77445,265103,545-30,877146,569324,164
Interest Payable000000000000000
Interest Receivable33,91323,5447,4777325873,4482,0371,0802,2211,6731,2721,147999906387
Pre-Tax Profit204,672102,35329,900263,706187,393112,05251,70599,04984,884239,44846,537104,692-29,878147,476324,551
Tax-51,168-25,588-5,681-50,104-35,605-21,290-9,824-18,819-16,977-47,889-9,773-24,0790-38,344-90,874
Profit After Tax153,50476,76524,219213,602151,78890,76241,88180,23067,907191,55836,76480,613-29,878109,132233,677
Dividends Paid000000000000000
Retained Profit153,50476,76524,219213,602151,78890,76241,88180,23067,907191,55836,76480,613-29,878109,132233,677
Employee Costs1,228,3541,195,441703,577943,250920,696943,399704,392509,173514,679520,770382,695370,571238,804347,453228,190
Number Of Employees2324152121211612121299696
EBITDA*258,036160,05691,128287,105200,825124,53866,693107,91792,748243,63750,959104,748-26,120147,407324,942

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets603,641627,919577,141235,53412,76726,78742,72150,07430,51818,18117,85823,55213,783400965
Intangible Assets000000000000000
Investments & Other2,4202,420100100100100051,13951,13951,13951,13951,13951,13951,13951,139
Debtors (Due After 1 year)000000000000000
Total Fixed Assets606,061630,339577,241235,63412,86726,88742,721101,21381,65769,32068,99774,69164,92251,53952,104
Stock & work in progress000000000000000
Trade Debtors235,614243,346227,932275,240283,560313,077238,968196,588254,442229,346172,588148,720103,528152,38094,680
Group Debtors000000252,000225,0000000000
Misc Debtors233,347259,822328,036196,948250,000270,65414,5780000008,6680
Cash749,031542,894398,859797,523666,713508,216411,282403,474460,866427,604241,722266,934191,839207,609154,954
misc current assets000000000000000
total current assets1,217,9921,046,062954,8271,269,7111,200,2731,091,947916,828825,062715,308656,950414,310415,654295,367368,657249,634
total assets1,824,0531,676,4011,532,0681,505,3451,213,1401,118,834959,549926,275796,965726,270483,307490,345360,289420,196301,738
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 87,12059,31293,578130,24780,575124,97070,59776,22233,334101,04549,76892,50945,11377,37768,051
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities59,40986,99932,48858,22171,62582,03864,86170,05967,744000000
total current liabilities146,529146,311126,066188,468152,200207,008135,458146,281101,078101,04549,76892,50945,11377,37768,051
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions150,910156,980109,65744,7512,4165,0908,1175,9016,1043,3493,2214,2822,23500
total long term liabilities150,910156,980109,65744,7512,4165,0908,1175,9016,1043,3493,2214,2822,23500
total liabilities297,439303,291235,723233,219154,616212,098143,575152,182107,182104,39452,98996,79147,34877,37768,051
net assets1,526,6141,373,1101,296,3451,272,1261,058,524906,736815,974774,093689,783621,876430,318393,554312,941342,819233,687
total shareholders funds1,526,6141,373,1101,296,3451,272,1261,058,524906,736815,974774,093689,783621,876430,318393,554312,941342,819233,687
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit170,75978,81022,423262,974186,805108,60449,66897,96982,663237,77445,265103,545-30,877146,569324,164
Depreciation87,27781,24668,70524,13114,02015,93417,0259,94810,0855,8635,6941,2034,757838778
Amortisation000000000000000
Tax-51,168-25,588-5,681-50,104-35,605-21,290-9,824-18,819-16,977-47,889-9,773-24,0790-38,344-90,874
Stock000000000000000
Debtors-34,207-52,80083,780-61,372-50,17178,18583,958167,14625,09656,75823,86845,192-57,52066,36894,680
Creditors27,808-34,266-36,66949,672-44,39554,373-5,62542,888-67,71151,277-42,74147,396-32,2649,32668,051
Accruals and Deferred Income-27,59054,511-25,733-13,404-10,41317,177-5,1982,31567,744000000
Deferred Taxes & Provisions-6,07047,32364,90642,335-2,674-3,0272,216-2032,755128-1,0612,0472,23500
Cash flow from operations235,223254,8364,171376,976157,90993,586-35,696-33,04853,463190,395-26,48484,9201,37152,021207,439
Investing Activities
capital expenditure-62,999-132,024-410,312-246,89800-9,672-29,504-22,422-6,1860-10,972-18,140-273-1,743
Change in Investments02,320000100-51,139000000051,139
cash flow from investments-62,999-134,344-410,312-246,8980-10041,467-29,504-22,422-6,1860-10,972-18,140-273-52,882
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000004,08000000010
interest33,91323,5447,4777325873,4482,0371,0802,2211,6731,2721,147999906387
cash flow from financing33,91323,5447,4777325873,4482,0375,1602,2211,6731,2721,147999906397
cash and cash equivalents
cash206,137144,035-398,664130,810158,49796,9347,808-57,39233,262185,882-25,21275,095-15,77052,655154,954
overdraft000000000000000
change in cash206,137144,035-398,664130,810158,49796,9347,808-57,39233,262185,882-25,21275,095-15,77052,655154,954

norkram limited 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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Norkram Limited Competitor Analysis

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Perform a competitor analysis for norkram limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in AB11 area or any other competitors across 12 key performance metrics.

norkram limited Ownership

NORKRAM LIMITED group structure

Norkram Limited has 1 subsidiary company.

Ultimate parent company

NORKRAM LIMITED

SC150224

1 subsidiary

NORKRAM LIMITED Shareholders

m. cruttenden 45%
r.g. slater 45%
andrew john gray 10%

norkram limited directors

Norkram Limited currently has 2 directors. The longest serving directors include Mr Jonas Macek (Oct 2024) and Mr Timm Kroll (Oct 2024).

officercountryagestartendrole
Mr Jonas MacekCzech Republic37 years Oct 2024- Director
Mr Timm KrollGermany43 years Oct 2024- Director

P&L

June 2024

turnover

1.8m

+3%

operating profit

170.8k

0%

gross margin

47.9%

+5.72%

turnover

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

Balance Sheet

June 2024

net assets

1.5m

+0.11%

total assets

1.8m

+0.09%

cash

749k

+0.38%

net assets

Total assets minus all liabilities

norkram limited company details

company number

SC150224

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

April 1994

age

30

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

A J CROLL & CO

auditor

-

address

19 bon accord crescent, aberdeen, aberdeenshire, AB11 6DE

Bank

-

Legal Advisor

-

norkram 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 norkram limited.

charges

norkram limited Companies House Filings - See Documents

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