natural research (projects) limited

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natural research (projects) limited Company Information

Share NATURAL RESEARCH (PROJECTS) LIMITED

Company Number

SC213640

Shareholders

natural research ltd

Group Structure

View All

Industry

Other research and experimental development on natural sciences and engineering

 

Registered Address

14 carden place, aberdeen, AB10 1UR

natural research (projects) limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of NATURAL RESEARCH (PROJECTS) LIMITED at £1.3m based on a Turnover of £1.1m and 1.17x industry multiple (adjusted for size and gross margin).

natural research (projects) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NATURAL RESEARCH (PROJECTS) LIMITED at £0 based on an EBITDA of £-12.1k and a 5.56x industry multiple (adjusted for size and gross margin).

natural research (projects) limited Estimated Valuation

£862.3k

Pomanda estimates the enterprise value of NATURAL RESEARCH (PROJECTS) LIMITED at £862.3k based on Net Assets of £447.7k and 1.93x industry multiple (adjusted for liquidity).

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Natural Research (projects) Limited Overview

Natural Research (projects) Limited is a live company located in aberdeen, AB10 1UR with a Companies House number of SC213640. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in December 2000, it's largest shareholder is natural research ltd with a 100% stake. Natural Research (projects) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.

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Natural Research (projects) Limited Health Check

Pomanda's financial health check has awarded Natural Research (Projects) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£4.4m)

£1.1m - Natural Research (projects) Limited

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.9%)

7% - Natural Research (projects) Limited

6.9% - Industry AVG

production

Production

with a gross margin of 49.9%, this company has a comparable cost of product (49.9%)

49.9% - Natural Research (projects) Limited

49.9% - Industry AVG

profitability

Profitability

an operating margin of -1.3% make it less profitable than the average company (3.2%)

-1.3% - Natural Research (projects) Limited

3.2% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (44)

12 - Natural Research (projects) Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)

£60.8k - Natural Research (projects) Limited

£60.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.8k, this is less efficient (£120.9k)

£92.8k - Natural Research (projects) Limited

£120.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (52 days)

59 days - Natural Research (projects) Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (41 days)

6 days - Natural Research (projects) Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Natural Research (projects) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 159 weeks, this is more cash available to meet short term requirements (39 weeks)

159 weeks - Natural Research (projects) Limited

39 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (38%)

21% - Natural Research (projects) Limited

38% - Industry AVG

NATURAL RESEARCH (PROJECTS) LIMITED financials

EXPORTms excel logo

Natural Research (Projects) Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £447.7 thousand. According to their latest financial statements, Natural Research (Projects) Limited has 12 employees and maintains cash reserves of £364.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover1,113,188919,047819,078908,091875,3671,067,838885,024948,8331,316,395928,3231,502,9981,376,4072,421,0672,238,0921,407,053
Other Income Or Grants
Cost Of Sales557,608476,847427,362479,449446,917537,846455,682497,498696,361500,703834,032829,4881,375,5911,191,616807,457
Gross Profit555,580442,200391,716428,641428,450529,993429,342451,336620,033427,620668,966546,9191,045,4761,046,476599,596
Admin Expenses570,196461,311406,863449,085450,147425,039419,432532,776618,781343,606532,083417,1321,271,960880,698158,182
Operating Profit-14,616-19,111-15,147-20,444-21,697104,9549,910-81,4401,25284,014136,883129,787-226,484165,778441,414
Interest Payable3,2573,387
Interest Receivable19,52017,3492,9993753832,6651,6461,0162,05423954807657134
Pre-Tax Profit4,904-1,762-12,148-20,069-21,314107,61911,556-83,681-8084,253136,937129,787-225,677166,435441,547
Tax-1,226-20,448-2,196-16,473-30,000-30,000-46,602-123,633
Profit After Tax3,678-1,762-12,148-20,069-21,31487,1719,360-83,681-8067,780106,93799,787-225,677119,833317,914
Dividends Paid
Retained Profit3,678-1,762-12,148-20,069-21,31487,1719,360-83,681-8067,780106,93799,787-225,677119,833317,914
Employee Costs729,630641,199698,707695,535672,000705,267695,671760,0881,134,560479,139682,850699,1831,297,3841,185,465782,239
Number Of Employees121112121213131523101515282617
EBITDA*-12,060-16,533-10,786-15,691-17,842108,80912,868-78,5605,88293,334155,919159,071-202,248201,909492,650

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets3,6726,2287,99412,50716,35211,79515,8726,8309,10919,39431,93868,77071,97758,06186,245
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,6726,2287,99412,50716,35211,79515,8726,8309,10919,39431,93868,77071,97758,06186,245
Stock & work in progress
Trade Debtors180,524131,08277,975113,698106,146177,013109,505104,774122,667191,344282,168225,333351,565414,459283,700
Group Debtors26,57526,574
Misc Debtors17,71315,45617,54415,3298,0365,9546,9785,1738,3246,6037,48315,166
Cash364,447379,182437,224362,562386,583380,296330,257327,968484,601337,133249,69190,124113,651209,31053,431
misc current assets
total current assets562,684525,720532,743491,589500,765563,263446,740437,915615,592535,080565,917357,197465,216623,769337,131
total assets566,356531,948540,737504,096517,117575,058462,612444,745624,701554,474597,855425,967537,193681,830423,376
Bank overdraft
Bank loan
Trade Creditors 9,3648,9414,88411,8975,40012,47811,47514,0983,11411,57649,18520,390325,122244,082105,461
Group/Directors Accounts
other short term finances104,210
hp & lease commitments
other current liabilities109,26278,95590,03934,23733,68663,23538,96327,83330,88256,323129,87593,719
total current liabilities118,62687,89694,92346,13439,08675,71350,43841,931138,20667,899179,060114,109325,122244,082105,461
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities118,62687,89694,92346,13439,08675,71350,43841,931138,20667,899179,060114,109325,122244,082105,461
net assets447,730444,052445,814457,962478,031499,345412,174402,814486,495486,575418,795311,858212,071437,748317,915
total shareholders funds447,730444,052445,814457,962478,031499,345412,174402,814486,495486,575418,795311,858212,071437,748317,915
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-14,616-19,111-15,147-20,444-21,697104,9549,910-81,4401,25284,014136,883129,787-226,484165,778441,414
Depreciation2,5562,5784,3614,7533,8553,8552,9582,8804,6309,32019,03629,28424,23636,13151,236
Amortisation
Tax-1,226-20,448-2,196-16,473-30,000-30,000-46,602-123,633
Stock
Debtors51,69951,019-33,50814,845-68,78566,4846,536-21,044-66,956-118,27949,153-84,492-62,894130,759283,700
Creditors4234,057-7,0136,497-7,0781,003-2,62310,984-8,462-37,60928,795-304,73281,040138,621105,461
Accruals and Deferred Income30,307-11,08455,802551-29,54924,27211,130-3,049-25,441-73,55236,15693,719
Deferred Taxes & Provisions
Cash flow from operations-34,255-74,57971,511-23,48814,31647,15212,643-49,58138,93583,979141,7172,550-58,314163,169190,778
Investing Activities
capital expenditure-812152-908-8,412222-12,000-6015,6553,22417,796-26,077-38,152-7,947-137,481
Change in Investments
cash flow from investments-812152-908-8,412222-12,000-6015,6553,22417,796-26,077-38,152-7,947-137,481
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -104,210104,210
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest19,52017,3492,9993753832,6651,646-2,241-1,33323954807657134
cash flow from financing19,52017,3492,9993753832,6651,646-106,451102,87723954807657135
cash and cash equivalents
cash-14,735-58,04274,662-24,0216,28750,0392,289-156,633147,46887,442159,567-23,527-95,659155,87953,431
overdraft
change in cash-14,735-58,04274,662-24,0216,28750,0392,289-156,633147,46887,442159,567-23,527-95,659155,87953,431

natural research (projects) 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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Natural Research (projects) Limited Competitor Analysis

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Perform a competitor analysis for natural research (projects) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in AB10 area or any other competitors across 12 key performance metrics.

natural research (projects) limited Ownership

NATURAL RESEARCH (PROJECTS) LIMITED group structure

Natural Research (Projects) Limited has no subsidiary companies.

Ultimate parent company

1 parent

NATURAL RESEARCH (PROJECTS) LIMITED

SC213640

NATURAL RESEARCH (PROJECTS) LIMITED Shareholders

natural research ltd 100%

natural research (projects) limited directors

Natural Research (Projects) Limited currently has 5 directors. The longest serving directors include Mr Patrick Stirling Aird (Dec 2000) and Dr Douglas Whitfield (Nov 2008).

officercountryagestartendrole
Mr Patrick Stirling Aird81 years Dec 2000- Director
Dr Douglas WhitfieldScotland65 years Nov 2008- Director
Ms Lynda Maddrick58 years Nov 2016- Director
Mr Alan Heavisides75 years Aug 2018- Director
Mr George Urquhart52 years Dec 2020- Director

P&L

March 2024

turnover

1.1m

+21%

operating profit

-14.6k

0%

gross margin

50%

+3.73%

turnover

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

Balance Sheet

March 2024

net assets

447.7k

+0.01%

total assets

566.4k

+0.06%

cash

364.4k

-0.04%

net assets

Total assets minus all liabilities

natural research (projects) limited company details

company number

SC213640

Type

Private limited with Share Capital

industry

72190 - Other research and experimental development on natural sciences and engineering

incorporation date

December 2000

age

25

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

A.J.B SCHOLES LTD

address

14 carden place, aberdeen, AB10 1UR

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

natural research (projects) 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 natural research (projects) limited.

natural research (projects) 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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natural research (projects) limited Companies House Filings - See Documents

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