niddrie community church
niddrie community church Company Information
Company Number
SC412661
Website
www.niddrie.orgRegistered Address
12 hay drive, edinburgh, EH16 4RY
Industry
Activities of religious organisations
Telephone
01316699400
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
niddrie community church Estimated Valuation
Pomanda estimates the enterprise value of NIDDRIE COMMUNITY CHURCH at £2m based on a Turnover of £2.2m and 0.9x industry multiple (adjusted for size and gross margin).
niddrie community church Estimated Valuation
Pomanda estimates the enterprise value of NIDDRIE COMMUNITY CHURCH at £0 based on an EBITDA of £-227.2k and a 4.53x industry multiple (adjusted for size and gross margin).
niddrie community church Estimated Valuation
Pomanda estimates the enterprise value of NIDDRIE COMMUNITY CHURCH at £6.3m based on Net Assets of £1.9m and 3.28x industry multiple (adjusted for liquidity).
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Niddrie Community Church Overview
Niddrie Community Church is a live company located in edinburgh, EH16 4RY with a Companies House number of SC412661. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in December 2011, it's largest shareholder is unknown. Niddrie Community Church is a established, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.
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Niddrie Community Church Health Check
Pomanda's financial health check has awarded Niddrie Community Church a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.2m, make it larger than the average company (£309k)
£2.2m - Niddrie Community Church
£309k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (0.9%)
9% - Niddrie Community Church
0.9% - Industry AVG
Production
with a gross margin of 61.2%, this company has a comparable cost of product (61.2%)
61.2% - Niddrie Community Church
61.2% - Industry AVG
Profitability
an operating margin of -11.5% make it less profitable than the average company (1.4%)
-11.5% - Niddrie Community Church
1.4% - Industry AVG
Employees
with 56 employees, this is above the industry average (6)
56 - Niddrie Community Church
6 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£22.3k)
£24.8k - Niddrie Community Church
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £39.7k, this is less efficient (£57.6k)
£39.7k - Niddrie Community Church
£57.6k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (6 days)
46 days - Niddrie Community Church
6 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is slower than average (9 days)
11 days - Niddrie Community Church
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Niddrie Community Church
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 327 weeks, this is average cash available to meet short term requirements (383 weeks)
327 weeks - Niddrie Community Church
383 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.7%, this is a higher level of debt than the average (5.2%)
12.7% - Niddrie Community Church
5.2% - Industry AVG
NIDDRIE COMMUNITY CHURCH financials
Niddrie Community Church's latest turnover from December 2022 is £2.2 million and the company has net assets of £1.9 million. According to their latest financial statements, Niddrie Community Church has 56 employees and maintains cash reserves of £653.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,224,245 | 2,150,467 | 1,750,853 | 1,706,865 | 1,316,301 | 1,130,454 | 757,175 | 635,187 | 479,717 | ||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 6,452 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -243,521 | 226,925 | 253,812 | 150,608 | -14,648 | 171,233 | -523 | 109,724 | 140,700 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | -243,521 | 226,925 | 253,812 | 150,608 | -14,648 | 171,233 | -523 | 109,724 | 140,700 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -243,521 | 226,925 | 253,812 | 150,608 | -14,648 | 171,233 | -523 | 109,724 | 140,700 | ||
| Employee Costs | 1,387,999 | 1,195,457 | 869,760 | 867,356 | 718,479 | 488,618 | 369,117 | 262,909 | 154,295 | ||
| Number Of Employees | 56 | 50 | 43 | 45 | 30 | 28 | 21 | 16 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,228,630 | 799,637 | 594,088 | 599,884 | 464,772 | 509,214 | 375,442 | 382,230 | 395,100 | 408,400 | 421,700 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 32,690 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 0 | 0 | 0 |
| Total Fixed Assets | 1,228,630 | 799,637 | 626,778 | 619,884 | 484,772 | 529,214 | 395,442 | 402,230 | 395,100 | 408,400 | 421,700 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 282,236 | 290,448 | 151,740 | 155,622 | 56,470 | 168 | 0 | 0 | 0 | 2,720 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 36,200 | 43,275 | 2,426 | 7,419 | 35,774 | 170,680 | 74,602 | 98,696 | 61,540 | 0 | 0 |
| Cash | 653,213 | 902,804 | 668,966 | 430,572 | 339,574 | 261,981 | 222,132 | 184,893 | 108,412 | 18,015 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 971,649 | 1,236,527 | 823,132 | 593,613 | 431,818 | 432,829 | 296,734 | 283,589 | 169,952 | 20,735 | 0 |
| total assets | 2,200,279 | 2,036,164 | 1,449,910 | 1,213,497 | 916,590 | 962,043 | 692,176 | 685,819 | 565,052 | 429,135 | 421,700 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 3,911 | 3,153 | 3,152 | 3,152 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,888 | 8,910 | 3,230 | 16,400 | 14,626 | 0 | 0 | 775 | 0 | 8,207 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 6,936 | 12,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,026 | 4,026 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 65,000 | 261,975 | 19,701 | 20,457 | 23,001 | 24,045 | 21,347 | 13,692 | 3,424 | 0 | 0 |
| total current liabilities | 103,850 | 287,847 | 26,842 | 40,010 | 40,779 | 27,197 | 21,347 | 14,467 | 3,424 | 8,207 | 0 |
| loans | 152,795 | 153,636 | 82,139 | 86,370 | 89,635 | 92,784 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 22,801 | 26,827 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 175,596 | 180,463 | 82,139 | 86,370 | 89,635 | 92,784 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 279,446 | 468,310 | 108,981 | 126,380 | 130,414 | 119,981 | 21,347 | 14,467 | 3,424 | 8,207 | 0 |
| net assets | 1,920,833 | 1,567,854 | 1,340,929 | 1,087,117 | 786,176 | 842,062 | 670,829 | 671,352 | 561,628 | 420,928 | 421,700 |
| total shareholders funds | 1,920,833 | 1,567,854 | 1,340,929 | 1,087,117 | 786,176 | 842,062 | 670,829 | 671,352 | 561,628 | 420,928 | 421,700 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 28,098 | 16,216 | 17,135 | 14,888 | 13,026 | 11,109 | 8,444 | 13,444 | 13,300 | 13,300 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -15,287 | 146,867 | 3,815 | 70,797 | -78,604 | 96,246 | -24,094 | 57,156 | 58,820 | 2,720 | 0 |
| Creditors | 18,978 | 5,680 | -13,170 | 1,774 | 14,626 | 0 | -775 | 775 | -8,207 | 8,207 | 0 |
| Accruals and Deferred Income | -196,975 | 242,274 | -756 | -2,544 | -1,044 | 2,698 | 7,655 | 10,268 | 3,424 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -8,950 | -144,881 | 3,840 | 1,504 | 1,361 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -8,950 | -144,881 | 3,840 | 1,504 | 1,361 | ||
| Financing Activities | |||||||||||
| Bank loans | 0 | -3,911 | 758 | 1 | 0 | 3,152 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -6,000 | 12,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -841 | 71,497 | -4,231 | -3,265 | -3,149 | 92,784 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -4,026 | 30,853 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | -6,452 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 585,633 | 111,375 | -3,473 | 147,069 | -50,839 | 95,936 | 0 | 0 | 0 | ||
| cash and cash equivalents | |||||||||||
| cash | -249,591 | 233,838 | 238,394 | 90,998 | 77,593 | 39,849 | 37,239 | 76,481 | 90,397 | 18,015 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -249,591 | 233,838 | 238,394 | 90,998 | 77,593 | 39,849 | 37,239 | 76,481 | 90,397 | 18,015 | 0 |
niddrie community church Credit Report and Business Information
Niddrie Community Church Competitor Analysis
Perform a competitor analysis for niddrie community church by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EH16 area or any other competitors across 12 key performance metrics.
niddrie community church Ownership
NIDDRIE COMMUNITY CHURCH group structure
Niddrie Community Church has no subsidiary companies.
Ultimate parent company
NIDDRIE COMMUNITY CHURCH
SC412661
niddrie community church directors
Niddrie Community Church currently has 3 directors. The longest serving directors include Dr Marc Surtees (Dec 2011) and Mr Craig Beattie (Dec 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Marc Surtees | 66 years | Dec 2011 | - | Director | |
| Mr Craig Beattie | 50 years | Dec 2011 | - | Director | |
| Rev Andrew Constable | 39 years | May 2023 | - | Director |
P&L
December 2022turnover
2.2m
+3%
operating profit
-255.3k
0%
gross margin
61.3%
-6.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.9m
+0.23%
total assets
2.2m
+0.08%
cash
653.2k
-0.28%
net assets
Total assets minus all liabilities
niddrie community church company details
company number
SC412661
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
December 2011
age
13
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
12 hay drive, edinburgh, EH16 4RY
accountant
-
auditor
INES & PARTNERS LIMITED
niddrie community church 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 3 charges/mortgages relating to niddrie community church. Currently there are 2 open charges and 1 have been satisfied in the past.
niddrie community church Companies House Filings - See Documents
| date | description | view/download |
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