gip limited
gip limited Company Information
Company Number
00884274
Next Accounts
Jun 2025
Shareholders
atlantic metropolitan (u.k.) limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
citygate, saint james boulevard, newcastle upon tyne, NE1 4JE
Website
http://graingerplc.co.ukgip limited Estimated Valuation
Pomanda estimates the enterprise value of GIP LIMITED at £12.1m based on a Turnover of £2.9m and 4.17x industry multiple (adjusted for size and gross margin).
gip limited Estimated Valuation
Pomanda estimates the enterprise value of GIP LIMITED at £58.2m based on an EBITDA of £7.1m and a 8.15x industry multiple (adjusted for size and gross margin).
gip limited Estimated Valuation
Pomanda estimates the enterprise value of GIP LIMITED at £1.6m based on Net Assets of £924.6k and 1.75x industry multiple (adjusted for liquidity).
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Gip Limited Overview
Gip Limited is a live company located in newcastle upon tyne, NE1 4JE with a Companies House number of 00884274. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1966, it's largest shareholder is atlantic metropolitan (u.k.) limited with a 100% stake. Gip Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
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Gip Limited Health Check
Pomanda's financial health check has awarded Gip Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
1 Weak
Size
annual sales of £2.9m, make it larger than the average company (£849.8k)
£2.9m - Gip Limited
£849.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (2.8%)
42% - Gip Limited
2.8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (72.3%)
100% - Gip Limited
72.3% - Industry AVG
Profitability
an operating margin of 245% make it more profitable than the average company (27.7%)
245% - Gip Limited
27.7% - Industry AVG
Employees
with 68 employees, this is above the industry average (4)
68 - Gip Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.8k)
£31.4k - Gip Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £42.8k, this is less efficient (£180.2k)
£42.8k - Gip Limited
£180.2k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (33 days)
34 days - Gip Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gip Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gip Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gip Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.7%, this is a lower level of debt than the average (67.9%)
10.7% - Gip Limited
67.9% - Industry AVG
GIP LIMITED financials
Gip Limited's latest turnover from September 2023 is £2.9 million and the company has net assets of £924.6 thousand. According to their latest financial statements, Gip Limited has 68 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,913,457 | 1,829,972 | 1,016,912 | 1,022,197 | 541,625 | 1,372 | 800 | 7,360,737 | 800 | 986 | 132,081 | 891,773 | 10,610,332 | 364,446 | 1,061,009 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 9,637 | 2,027,126 | 4,563 | 111 | -36,063 | 103,676 | 3,665,812 | 43,032 | 357,775 | ||||||
| Gross Profit | 2,913,457 | 1,829,972 | 541,625 | 1,372 | -8,837 | 5,333,611 | -3,763 | 875 | 168,144 | 788,097 | 6,944,520 | 321,414 | 703,234 | ||
| Admin Expenses | -4,225,687 | 2,037,216 | 540,625 | 3,170,855 | 20,911 | 91,509 | 157,571 | 2,421,630 | 28,716 | ||||||
| Operating Profit | 7,139,144 | -207,244 | -297,340 | 161,931 | 1,000 | 1,372 | -8,837 | 2,162,756 | -3,763 | 875 | 147,233 | 696,588 | 6,786,949 | -2,100,216 | 674,518 |
| Interest Payable | 29,425 | ||||||||||||||
| Interest Receivable | 133,535 | 166,790 | 157,970 | 170,631 | 175,996 | 1,359,543 | 1,373,846 | 1,523,998 | 1,123,103 | 1,076,847 | 1,045,132 | 1,054,286 | 962,222 | 604,777 | 22 |
| Pre-Tax Profit | 57,599,517 | -40,454 | -139,370 | 332,562 | 176,996 | 21,455,192 | 1,365,009 | 3,686,754 | 1,119,340 | 1,077,722 | 2,597,486 | 445,756 | 10,561,027 | 3,435,373 | 649,119 |
| Tax | -197,086 | 7,686 | 26,480 | -63,187 | -33,629 | -258,574 | -266,177 | -737,351 | -229,465 | -237,099 | -238,719 | -437,718 | -1,613,567 | -238,607 | -180,632 |
| Profit After Tax | 57,402,431 | -32,768 | -112,890 | 269,375 | 143,367 | 21,196,618 | 1,098,832 | 2,949,403 | 889,875 | 840,623 | 2,358,767 | 8,038 | 8,947,460 | 3,196,766 | 468,487 |
| Dividends Paid | 53,137,140 | 4,579,385 | 6,653,749 | ||||||||||||
| Retained Profit | 57,402,431 | -32,768 | -112,890 | 269,375 | 143,367 | -31,940,522 | 1,098,832 | 2,949,403 | 889,875 | 840,623 | 2,358,767 | 8,038 | 4,368,075 | -3,456,983 | 468,487 |
| Employee Costs | 2,132,317 | 2,037,366 | 1,314,252 | 846,306 | 540,625 | ||||||||||
| Number Of Employees | 68 | 62 | 46 | 34 | 20 | 8 | 5 | ||||||||
| EBITDA* | 7,139,144 | -207,244 | -297,340 | 161,931 | 1,000 | 1,372 | -8,837 | 2,162,756 | -3,763 | 875 | 147,233 | 696,588 | 6,786,949 | -2,100,216 | 674,518 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 759,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 20,953,948 | 759,066 | 2,560,514 | 4,644,587 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 759,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 22,359,069 | 20,953,948 | 759,066 | 2,560,514 | 4,644,587 |
| Stock & work in progress | 5,912 | 5,912 | 5,912 | 5,912 | 1,907,620 | 1,916,204 | 1,913,485 | 1,919,253 | 2,010,128 | 5,593,546 | 5,585,565 | ||||
| Trade Debtors | 275,670 | 209,249 | 241,970 | 109,390 | 24,342 | 23,342 | 14,482 | 24,119 | 23,982 | 28,629 | 23,856 | 40,545 | 47,012 | 166,858 | 163,799 |
| Group Debtors | 3,935,963 | 3,769,173 | 3,731,266 | 4,122,572 | 3,946,577 | 35,629,897 | 39,620,050 | 29,641,966 | 28,507,630 | 27,671,662 | 26,821,644 | 25,467,333 | 15,752,769 | 18,448,838 | |
| Misc Debtors | 966 | 2,012 | 44,325 | 6,370 | 410 | 402 | |||||||||
| Cash | 25,006 | 33,921 | 18,907 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 276,636 | 4,147,224 | 4,011,143 | 3,884,981 | 4,152,826 | 3,975,831 | 35,650,291 | 39,650,081 | 31,573,568 | 30,452,463 | 29,609,003 | 28,806,448 | 27,530,843 | 21,547,504 | 24,217,511 |
| total assets | 1,035,705 | 26,506,293 | 26,370,212 | 26,244,050 | 26,511,895 | 26,334,900 | 58,009,360 | 62,009,150 | 53,932,637 | 52,811,532 | 51,968,072 | 49,760,396 | 28,289,909 | 24,108,018 | 28,862,098 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 69,505 | 75,204 | 71,846 | 70,009 | |||||||||||
| Group/Directors Accounts | 1,928 | 237,915 | 183,216 | 556,382 | 522,754 | 265,490 | 5,364,112 | 231,230 | 62,023 | 1,537,500 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 109,139 | 197,946 | 83,796 | 27,960 | 8,798 | 8,798 | 5,772 | 5,772 | 2,935 | 84,521 | 116,373 | 243,892 | 67,349 | ||
| total current liabilities | 111,067 | 435,861 | 267,012 | 27,960 | 565,180 | 531,552 | 265,490 | 5,364,112 | 237,002 | 5,772 | 2,935 | 154,026 | 191,577 | 377,761 | 1,674,858 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 111,067 | 435,861 | 267,012 | 27,960 | 565,180 | 531,552 | 265,490 | 5,364,112 | 237,002 | 5,772 | 2,935 | 154,026 | 191,577 | 377,761 | 1,674,858 |
| net assets | 924,638 | 26,070,432 | 26,103,200 | 26,216,090 | 25,946,715 | 25,803,348 | 57,743,870 | 56,645,038 | 53,695,635 | 52,805,760 | 51,965,137 | 49,606,370 | 28,098,332 | 23,730,257 | 27,187,240 |
| total shareholders funds | 924,638 | 26,070,432 | 26,103,200 | 26,216,090 | 25,946,715 | 25,803,348 | 57,743,870 | 56,645,038 | 53,695,635 | 52,805,760 | 51,965,137 | 49,606,370 | 28,098,332 | 23,730,257 | 27,187,240 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 7,139,144 | -207,244 | -297,340 | 161,931 | 1,000 | 1,372 | -8,837 | 2,162,756 | -3,763 | 875 | 147,233 | 696,588 | 6,786,949 | -2,100,216 | 674,518 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -197,086 | 7,686 | 26,480 | -63,187 | -33,629 | -258,574 | -266,177 | -737,351 | -229,465 | -237,099 | -238,719 | -437,718 | -1,613,567 | -238,607 | -180,632 |
| Stock | -5,912 | -1,901,708 | -8,584 | 2,719 | -5,768 | -90,875 | -3,583,418 | 7,981 | 5,585,565 | ||||||
| Debtors | -3,870,588 | 136,081 | 126,162 | -261,933 | 176,995 | -31,674,460 | -3,999,790 | 9,978,221 | 1,129,689 | 840,741 | 833,329 | 1,341,474 | 9,600,678 | -2,693,002 | 18,613,039 |
| Creditors | -69,505 | -5,699 | 3,358 | 1,837 | 70,009 | ||||||||||
| Accruals and Deferred Income | -88,807 | 114,150 | 55,836 | 19,162 | 8,798 | -5,772 | 2,837 | -81,586 | -31,852 | -127,519 | 176,543 | 67,349 | |||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 10,723,839 | -221,489 | -341,186 | 385,751 | -209,624 | 31,426,056 | 3,724,776 | -6,656,880 | -1,354,333 | -1,076,847 | -1,070,138 | -1,029,280 | -968,039 | 524,578 | -23,567,360 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -21,600,000 | 1,405,121 | 20,194,882 | -1,801,448 | -2,084,073 | 4,644,587 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -235,987 | 54,699 | 183,216 | -556,382 | 33,628 | 257,264 | -5,098,622 | 5,132,882 | 231,230 | -62,023 | -1,475,477 | 1,537,500 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 133,535 | 166,790 | 157,970 | 170,631 | 175,996 | 1,359,543 | 1,373,846 | 1,523,998 | 1,123,103 | 1,076,847 | 1,045,132 | 1,054,286 | 962,222 | 604,777 | -29,403 |
| cash flow from financing | -82,650,677 | 221,489 | 341,186 | -385,751 | 209,624 | 1,616,807 | -3,724,776 | 6,656,880 | 1,354,333 | 1,076,847 | 1,045,132 | 22,554,286 | 900,199 | -870,700 | 28,226,850 |
| cash and cash equivalents | |||||||||||||||
| cash | -25,006 | 25,006 | -33,921 | 15,014 | 18,907 | ||||||||||
| overdraft | |||||||||||||||
| change in cash | -25,006 | 25,006 | -33,921 | 15,014 | 18,907 |
gip limited Credit Report and Business Information
Gip Limited Competitor Analysis
Perform a competitor analysis for gip limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.
gip limited Ownership
GIP LIMITED group structure
Gip Limited has 5 subsidiary companies.
Ultimate parent company
IRG
#0147414
2 parents
GIP LIMITED
00884274
5 subsidiaries
gip limited directors
Gip Limited currently has 6 directors. The longest serving directors include Ms Helen Gordon (Dec 2015) and Mr Michael Keaveney (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Helen Gordon | England | 65 years | Dec 2015 | - | Director |
| Mr Michael Keaveney | United Kingdom | 57 years | Jun 2018 | - | Director |
| Mrs Eliza Pattinson | United Kingdom | 51 years | Apr 2019 | - | Director |
| Mr Robert Hudson | United Kingdom | 51 years | Nov 2021 | - | Director |
| Mr Henry Gervaise-Jones | 44 years | Nov 2022 | - | Director | |
| Mrs Sapna Fitzgerald | United Kingdom | 50 years | Sep 2024 | - | Director |
P&L
September 2023turnover
2.9m
+59%
operating profit
7.1m
-3545%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
924.6k
-0.96%
total assets
1m
-0.96%
cash
0
0%
net assets
Total assets minus all liabilities
gip limited company details
company number
00884274
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 1966
age
59
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
grainger investment properties limited (December 2000)
anglo metropolitan holdings limited (March 1989)
accountant
-
auditor
KPMG LLP
address
citygate, saint james boulevard, newcastle upon tyne, NE1 4JE
Bank
BARCLAYS BANK PLC
Legal Advisor
WOMBLE BOND DICKINSON (UK) LP
gip 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 39 charges/mortgages relating to gip limited. Currently there are 1 open charges and 38 have been satisfied in the past.
gip 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 GIP LIMITED. This can take several minutes, an email will notify you when this has completed.
gip limited Companies House Filings - See Documents
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