grays of cambridge (international) limited
grays of cambridge (international) limited Company Information
Company Number
00148700
Next Accounts
Sep 2025
Shareholders
richard william gray
paul douglas gray
View AllGroup Structure
View All
Industry
Manufacture of sports goods
Registered Address
grays of cambridge (internationa, station road, robertsbridge, east sussex, TN32 5DH
Website
www.graysteamwear.comgrays of cambridge (international) limited Estimated Valuation
Pomanda estimates the enterprise value of GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED at £58.1m based on a Turnover of £40m and 1.45x industry multiple (adjusted for size and gross margin).
grays of cambridge (international) limited Estimated Valuation
Pomanda estimates the enterprise value of GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED at £68.1m based on an EBITDA of £6m and a 11.26x industry multiple (adjusted for size and gross margin).
grays of cambridge (international) limited Estimated Valuation
Pomanda estimates the enterprise value of GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED at £28.2m based on Net Assets of £15.8m and 1.78x industry multiple (adjusted for liquidity).
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Grays Of Cambridge (international) Limited Overview
Grays Of Cambridge (international) Limited is a live company located in robertsbridge, TN32 5DH with a Companies House number of 00148700. It operates in the manufacture of sports goods sector, SIC Code 32300. Founded in October 1917, it's largest shareholder is richard william gray with a 25% stake. Grays Of Cambridge (international) Limited is a mature, large sized company, Pomanda has estimated its turnover at £40m with high growth in recent years.
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Grays Of Cambridge (international) Limited Health Check
Pomanda's financial health check has awarded Grays Of Cambridge (International) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £40m, make it larger than the average company (£11.5m)
£40m - Grays Of Cambridge (international) Limited
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (9.9%)
29% - Grays Of Cambridge (international) Limited
9.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
34.8% - Grays Of Cambridge (international) Limited
34.8% - Industry AVG
Profitability
an operating margin of 14.6% make it more profitable than the average company (5.1%)
14.6% - Grays Of Cambridge (international) Limited
5.1% - Industry AVG
Employees
with 150 employees, this is above the industry average (60)
150 - Grays Of Cambridge (international) Limited
60 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has a higher pay structure (£42.1k)
£51.1k - Grays Of Cambridge (international) Limited
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £266.4k, this is more efficient (£207.1k)
£266.4k - Grays Of Cambridge (international) Limited
£207.1k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (33 days)
24 days - Grays Of Cambridge (international) Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (34 days)
29 days - Grays Of Cambridge (international) Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 129 days, this is less than average (167 days)
129 days - Grays Of Cambridge (international) Limited
167 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (12 weeks)
64 weeks - Grays Of Cambridge (international) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (53.6%)
44.8% - Grays Of Cambridge (international) Limited
53.6% - Industry AVG
GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED financials
Grays Of Cambridge (International) Limited's latest turnover from December 2023 is £40 million and the company has net assets of £15.8 million. According to their latest financial statements, Grays Of Cambridge (International) Limited has 150 employees and maintains cash reserves of £8.8 million 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 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,965,599 | 33,301,122 | 23,976,676 | 18,440,750 | 28,877,323 | 25,088,960 | 25,759,525 | 24,143,830 | 28,723,423 | 22,414,751 | 21,306,766 | 19,418,682 | 20,128,853 | 17,625,530 | 16,671,133 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 5,847,733 | 4,182,084 | 3,441,966 | 829,156 | 2,150,773 | 1,722,609 | 1,063,414 | 1,786,071 | 2,712,974 | 2,090,442 | 2,017,321 | 1,201,852 | 1,415,856 | 224,552 | 756,567 |
| Interest Payable | 7,610 | 1,050 | 811 | 639 | 127 | 305 | 1,029 | 1,321 | 3,490 | 4,283 | 3,522 | 3,973 | 5,341 | 9,413 | 6,242 |
| Interest Receivable | 97,890 | 21,616 | 3,238 | 6,248 | 7,322 | 2,181 | 27,294 | 17,238 | 21,765 | 34,550 | 48,145 | 92,796 | 80,678 | 75,622 | 72,290 |
| Pre-Tax Profit | 6,096,008 | 4,233,285 | 3,509,572 | 943,166 | 2,258,619 | 1,878,634 | 1,209,246 | 2,398,469 | 2,921,217 | 2,190,442 | 2,262,785 | 1,363,172 | 1,560,286 | 401,395 | 779,634 |
| Tax | -1,151,704 | -771,304 | -499,035 | -66,991 | -167,491 | -275,913 | -166,009 | -226,540 | -539,044 | -364,644 | -414,680 | -234,048 | -235,994 | -127,155 | -212,143 |
| Profit After Tax | 4,944,304 | 3,461,981 | 3,010,537 | 876,175 | 2,091,128 | 1,602,721 | 1,043,237 | 2,171,929 | 2,382,173 | 1,825,798 | 1,848,105 | 1,129,124 | 1,324,292 | 274,240 | 567,491 |
| Dividends Paid | 4,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,300,000 | 1,900,000 | 2,000,000 | 2,750,000 | 1,500,000 | 550,000 | 620,000 | -600 | 300 | 360 | |
| Retained Profit | 944,304 | 1,461,981 | 1,010,537 | -123,825 | -208,872 | 1,602,721 | -856,763 | 171,929 | -367,827 | 325,798 | 1,298,105 | 509,124 | 1,324,892 | 273,940 | 567,131 |
| Employee Costs | 7,658,423 | 6,559,121 | 5,524,841 | 5,210,927 | 5,873,682 | 5,617,625 | 5,343,517 | 5,107,504 | 4,800,671 | 4,247,932 | 3,713,227 | 3,568,850 | 3,295,788 | 2,975,894 | 2,571,319 |
| Number Of Employees | 150 | 139 | 126 | 133 | 143 | 141 | 136 | 140 | 133 | 122 | 112 | 108 | 95 | 95 | 95 |
| EBITDA* | 6,047,752 | 4,436,868 | 3,665,001 | 1,071,146 | 2,406,642 | 1,993,346 | 1,359,385 | 2,053,168 | 2,983,917 | 2,291,971 | 2,209,531 | 1,349,629 | 1,533,980 | 368,643 | 902,819 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,280,687 | 1,119,422 | 1,123,199 | 1,059,921 | 1,291,219 | 1,370,451 | 1,493,802 | 1,513,576 | 1,565,582 | 1,322,465 | 1,333,825 | 1,154,037 | 1,073,395 | 1,275,556 | 1,314,310 |
| Intangible Assets | 5,000 | 10,000 | 15,000 | ||||||||||||
| Investments & Other | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 144,929 | 283,810 | 941,736 | 816,909 | 976,960 | 1,657,160 | 1,827,703 | 1,873,287 | 1,934,933 |
| Debtors (Due After 1 year) | 5,405,424 | 4,763,360 | 5,848,882 | 6,814,522 | 6,371,973 | 6,125,835 | 6,880,591 | 5,940,069 | 4,725,783 | 6,178,905 | 4,398,596 | 4,330,076 | |||
| Total Fixed Assets | 6,786,111 | 5,982,782 | 7,072,081 | 7,974,443 | 7,763,192 | 7,596,286 | 8,519,322 | 7,737,455 | 7,233,101 | 8,318,279 | 6,709,381 | 7,141,273 | 2,906,098 | 3,158,843 | 3,264,243 |
| Stock & work in progress | 9,250,439 | 10,574,789 | 6,735,714 | 6,173,105 | 7,364,070 | 7,527,425 | 6,532,743 | 6,784,552 | 6,564,499 | 5,758,619 | 4,808,216 | 4,617,508 | 4,270,327 | 4,198,400 | 3,577,146 |
| Trade Debtors | 2,659,359 | 3,715,994 | 2,807,404 | 1,441,857 | 2,168,061 | 2,951,353 | 2,767,944 | 2,560,320 | 3,138,845 | 3,323,863 | 2,847,983 | 3,191,000 | 2,904,853 | 2,901,043 | 2,250,620 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,125,465 | 998,763 | 1,126,603 | 1,246,701 | 743,184 | 1,571,883 | 1,531,334 | 989,749 | 1,262,625 | 1,925,434 | 1,430,443 | 1,515,770 | 4,223,588 | 4,993,281 | 5,011,106 |
| Cash | 8,820,414 | 6,745,511 | 7,761,027 | 7,449,258 | 5,336,513 | 3,863,279 | 3,729,625 | 3,773,833 | 3,307,272 | 2,592,037 | 3,842,241 | 2,483,089 | 2,886,452 | 1,270,631 | 2,271,738 |
| misc current assets | |||||||||||||||
| total current assets | 21,855,677 | 22,035,057 | 18,430,748 | 16,310,921 | 15,611,828 | 15,913,940 | 14,561,646 | 14,108,454 | 14,273,241 | 13,599,953 | 12,928,883 | 11,807,367 | 14,285,220 | 13,363,355 | 13,110,610 |
| total assets | 28,641,788 | 28,017,839 | 25,502,829 | 24,285,364 | 23,375,020 | 23,510,226 | 23,080,968 | 21,845,909 | 21,506,342 | 21,918,232 | 19,638,264 | 18,948,640 | 17,191,318 | 16,522,198 | 16,374,853 |
| Bank overdraft | 31,229 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,072,994 | 3,154,237 | 1,842,139 | 1,465,941 | 1,588,419 | 1,296,959 | 1,825,839 | 1,311,632 | 1,872,435 | 1,286,037 | 1,086,996 | 1,478,808 | 1,234,893 | 1,827,115 | 1,504,338 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 3,223 | 9,669 | 16,115 | ||||||||||||
| other current liabilities | 5,062,029 | 4,928,279 | 4,176,143 | 3,337,808 | 2,604,084 | 3,049,780 | 2,779,303 | 2,270,699 | 2,413,314 | 1,902,934 | 2,086,239 | 2,361,559 | 1,999,067 | 1,589,385 | 1,678,065 |
| total current liabilities | 7,135,023 | 8,082,516 | 6,018,282 | 4,803,749 | 4,192,503 | 4,346,739 | 4,605,142 | 3,582,331 | 4,285,749 | 3,188,971 | 3,173,235 | 3,840,367 | 3,268,412 | 3,426,169 | 3,198,518 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 5,688,200 | 5,044,348 | 6,071,921 | 7,056,225 | 6,633,077 | 6,398,029 | 7,288,634 | 6,167,979 | 5,280,156 | 6,487,252 | 4,500,364 | 4,395,677 | 3,665,551 | 4,153,305 | 4,508,678 |
| total long term liabilities | 5,688,200 | 5,044,348 | 6,071,921 | 7,056,225 | 6,633,077 | 6,398,029 | 7,288,634 | 6,167,979 | 5,280,156 | 6,487,252 | 4,500,364 | 4,395,677 | 3,665,551 | 4,153,305 | 4,508,678 |
| total liabilities | 12,823,223 | 13,126,864 | 12,090,203 | 11,859,974 | 10,825,580 | 10,744,768 | 11,893,776 | 9,750,310 | 9,565,905 | 9,676,223 | 7,673,599 | 8,236,044 | 6,933,963 | 7,579,474 | 7,707,196 |
| net assets | 15,818,565 | 14,890,975 | 13,412,626 | 12,425,390 | 12,549,440 | 12,765,458 | 11,187,192 | 12,095,599 | 11,940,437 | 12,242,009 | 11,964,665 | 10,712,596 | 10,257,355 | 8,942,724 | 8,667,657 |
| total shareholders funds | 15,818,565 | 14,890,975 | 13,412,626 | 12,425,390 | 12,549,440 | 12,765,458 | 11,187,192 | 12,095,599 | 11,940,437 | 12,242,009 | 11,964,665 | 10,712,596 | 10,257,355 | 8,942,724 | 8,667,657 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,847,733 | 4,182,084 | 3,441,966 | 829,156 | 2,150,773 | 1,722,609 | 1,063,414 | 1,786,071 | 2,712,974 | 2,090,442 | 2,017,321 | 1,201,852 | 1,415,856 | 224,552 | 756,567 |
| Depreciation | 200,019 | 254,784 | 223,035 | 241,990 | 255,869 | 270,737 | 295,971 | 267,097 | 270,943 | 201,529 | 192,210 | 142,777 | 113,124 | 139,091 | 141,252 |
| Amortisation | 5,000 | 5,000 | 5,000 | 5,000 | |||||||||||
| Tax | -1,151,704 | -771,304 | -499,035 | -66,991 | -167,491 | -275,913 | -166,009 | -226,540 | -539,044 | -364,644 | -414,680 | -234,048 | -235,994 | -127,155 | -212,143 |
| Stock | -1,324,350 | 3,839,075 | 562,609 | -1,190,965 | -163,355 | 994,682 | -251,809 | 220,053 | 805,880 | 950,403 | 190,708 | 347,181 | 71,927 | 621,254 | 3,577,146 |
| Debtors | -287,869 | -304,772 | 279,809 | 219,862 | -1,365,853 | -530,798 | 1,689,731 | 362,885 | -2,300,949 | 2,751,180 | -359,824 | 1,908,405 | -765,883 | 632,598 | 7,261,726 |
| Creditors | -1,081,243 | 1,312,098 | 376,198 | -122,478 | 291,460 | -528,880 | 514,207 | -560,803 | 586,398 | 199,041 | -391,812 | 243,915 | -592,222 | 322,777 | 1,504,338 |
| Accruals and Deferred Income | 133,750 | 752,136 | 838,335 | 733,724 | -445,696 | 270,477 | 508,604 | -142,615 | 510,380 | -183,305 | -275,320 | 362,492 | 409,682 | -88,680 | 1,678,065 |
| Deferred Taxes & Provisions | 643,852 | -1,027,573 | -984,304 | 423,148 | 235,048 | -890,605 | 1,120,655 | 887,823 | -1,207,096 | 1,986,888 | 104,687 | 730,126 | -487,754 | -355,373 | 4,508,678 |
| Cash flow from operations | 6,204,626 | 1,167,922 | 2,553,777 | 3,009,652 | 3,849,171 | 104,541 | 1,898,920 | 1,428,095 | 3,829,624 | 228,368 | 1,401,522 | 196,528 | 1,321,648 | -1,133,640 | -2,457,115 |
| Investing Activities | |||||||||||||||
| capital expenditure | 53,518 | -7,767 | 1,034,149 | -433,922 | 7,590 | 416,325 | -152,000 | 140,083 | -118,653 | -743,070 | |||||
| Change in Investments | -44,929 | -138,881 | -657,926 | 124,827 | -160,051 | -680,200 | -170,543 | -45,584 | -61,646 | 1,934,933 | |||||
| cash flow from investments | 98,447 | 131,114 | 1,692,075 | -558,749 | 167,641 | 1,096,525 | 18,543 | 185,667 | -57,007 | -2,678,003 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -3,223 | -6,446 | -6,446 | 16,115 | |||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 90,280 | 20,566 | 2,427 | 5,609 | 7,195 | 1,876 | 26,265 | 15,917 | 18,275 | 30,267 | 44,623 | 88,823 | 75,337 | 66,209 | 66,048 |
| cash flow from financing | 73,566 | 36,934 | -20,874 | 5,384 | 49 | -22,579 | -25,379 | -850 | 84,530 | -18,187 | -1,413 | 31,717 | 58,630 | 60,890 | 8,182,689 |
| cash and cash equivalents | |||||||||||||||
| cash | 2,074,903 | -1,015,516 | 311,769 | 2,112,745 | 1,473,234 | 133,654 | -44,208 | 466,561 | 715,235 | -1,250,204 | 1,359,152 | -403,363 | 1,615,821 | -1,001,107 | 2,271,738 |
| overdraft | -31,229 | 31,229 | |||||||||||||
| change in cash | 2,074,903 | -1,015,516 | 311,769 | 2,112,745 | 1,473,234 | 133,654 | -44,208 | 466,561 | 715,235 | -1,250,204 | 1,359,152 | -372,134 | 1,584,592 | -1,001,107 | 2,271,738 |
grays of cambridge (international) limited Credit Report and Business Information
Grays Of Cambridge (international) Limited Competitor Analysis
Perform a competitor analysis for grays of cambridge (international) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in TN32 area or any other competitors across 12 key performance metrics.
grays of cambridge (international) limited Ownership
GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED group structure
Grays Of Cambridge (International) Limited has 4 subsidiary companies.
Ultimate parent company
GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED
00148700
4 subsidiaries
grays of cambridge (international) limited directors
Grays Of Cambridge (International) Limited currently has 6 directors. The longest serving directors include Mr Neil Gray (Mar 1994) and Mr Richard Gray (Mar 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Gray | United Kingdom | 65 years | Mar 1994 | - | Director |
| Mr Richard Gray | United Kingdom | 59 years | Mar 1997 | - | Director |
| Mr Paul Gray | United Kingdom | 64 years | Oct 1997 | - | Director |
| Mr Jason Gray | United Kingdom | 60 years | Dec 2000 | - | Director |
| Mr Nicholas Gray | United Kingdom | 67 years | Sep 2004 | - | Director |
| Mr David Noyes | United Kingdom | 62 years | May 2018 | - | Director |
P&L
December 2023turnover
40m
+20%
operating profit
5.8m
+40%
gross margin
34.8%
-0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
15.8m
+0.06%
total assets
28.6m
+0.02%
cash
8.8m
+0.31%
net assets
Total assets minus all liabilities
grays of cambridge (international) limited company details
company number
00148700
Type
Private limited with Share Capital
industry
32300 - Manufacture of sports goods
incorporation date
October 1917
age
108
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICE BAILEY LLP
address
grays of cambridge (internationa, station road, robertsbridge, east sussex, TN32 5DH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
grays of cambridge (international) 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 24 charges/mortgages relating to grays of cambridge (international) limited. Currently there are 2 open charges and 22 have been satisfied in the past.
grays of cambridge (international) 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.
Click to start generating capital raising & share issue transactions for GRAYS OF CAMBRIDGE (INTERNATIONAL) LIMITED. This can take several minutes, an email will notify you when this has completed.
grays of cambridge (international) limited Companies House Filings - See Documents
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