gathercrest limited
gathercrest limited Company Information
Company Number
01071916
Website
s256781915.websitehome.co.ukRegistered Address
c/o kishens limited, 13 montpelier avenue, bexley, DA5 3AP
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Telephone
02086830494
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gathercrest holdings ltd 100%
gathercrest limited Estimated Valuation
Pomanda estimates the enterprise value of GATHERCREST LIMITED at £633.9k based on a Turnover of £1.2m and 0.55x industry multiple (adjusted for size and gross margin).
gathercrest limited Estimated Valuation
Pomanda estimates the enterprise value of GATHERCREST LIMITED at £0 based on an EBITDA of £-10.6k and a 2.96x industry multiple (adjusted for size and gross margin).
gathercrest limited Estimated Valuation
Pomanda estimates the enterprise value of GATHERCREST LIMITED at £0 based on Net Assets of £-4.6m and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gathercrest Limited Overview
Gathercrest Limited is a live company located in bexley, DA5 3AP with a Companies House number of 01071916. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in September 1972, it's largest shareholder is gathercrest holdings ltd with a 100% stake. Gathercrest Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gathercrest Limited Health Check
Pomanda's financial health check has awarded Gathercrest Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£9.5m)
- Gathercrest Limited
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (3%)
- Gathercrest Limited
3% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (43.6%)
- Gathercrest Limited
43.6% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (8.1%)
- Gathercrest Limited
8.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (24)
3 - Gathercrest Limited
24 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has an equivalent pay structure (£63.9k)
- Gathercrest Limited
£63.9k - Industry AVG
Efficiency
resulting in sales per employee of £383.6k, this is more efficient (£289.5k)
- Gathercrest Limited
£289.5k - Industry AVG
Debtor Days
it gets paid by customers after 179 days, this is later than average (39 days)
- Gathercrest Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (36 days)
- Gathercrest Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gathercrest Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gathercrest Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 898.7%, this is a higher level of debt than the average (59.7%)
898.7% - Gathercrest Limited
59.7% - Industry AVG
GATHERCREST LIMITED financials
Gathercrest Limited's latest turnover from December 2022 is estimated at £1.2 million and the company has net assets of -£4.6 million. According to their latest financial statements, Gathercrest Limited has 3 employees and maintains cash reserves of 0 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 4 | 5 | 5 | |||||||
| 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,013 | 5,902 | 5,033 | 5,920 | 3,677 | 4,320 | 5,074 | 5,952 | 7,203 | 4,857 | 4,937 | 5,786 | 6,784 | 7,687 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,750,000 | 2,750,000 | 2,750,000 | 2,750,000 | 2,750,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,013 | 5,902 | 5,033 | 5,920 | 3,677 | 4,320 | 5,074 | 5,952 | 7,203 | 2,754,857 | 2,754,937 | 2,755,786 | 2,756,784 | 2,757,687 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 4,018 | 0 | 42,504 | 13,082 | 11,101 | 44,210 | 61,589 | 4,231 |
| Trade Debtors | 567,105 | 783,248 | 845,775 | 1,440,524 | 1,414,875 | 1,468,770 | 140,931 | 106,932 | 6,157,482 | 1,591,154 | 1,147,480 | 1,142,885 | 1,061,714 | 1,370,657 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 295 | 2,192 | 2,672 | 2,599 | 0 | 0 | 844,788 | 7,392,406 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 575,125 | 731,794 | 797,872 | 141,929 | 427,270 | 298,128 | 335,593 | 96,285 |
| misc current assets | 0 | 0 | 0 | 0 | 2,077 | 2,198 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 567,400 | 785,440 | 848,447 | 1,443,123 | 1,416,952 | 1,470,968 | 1,564,862 | 8,231,132 | 6,997,858 | 1,746,165 | 1,585,851 | 1,485,223 | 1,458,896 | 1,471,173 |
| total assets | 572,413 | 791,342 | 853,480 | 1,449,043 | 1,420,629 | 1,475,288 | 1,569,936 | 8,237,084 | 7,005,061 | 4,501,022 | 4,340,788 | 4,241,009 | 4,215,680 | 4,228,860 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 183 | 10,234 | 3,164 | 546,628 | 529,899 | 526,778 | 3,519 | 10,807 | 542,174 | 626,769 | 666,263 | 591,807 | 627,335 | 636,048 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 531,722 | 529,976 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 183 | 10,234 | 3,164 | 546,628 | 529,899 | 526,778 | 535,241 | 540,783 | 542,174 | 626,769 | 666,263 | 591,807 | 627,335 | 636,048 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,700 | 0 | 0 | 0 | 385 | 385 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 5,142,474 | 5,342,474 | 5,441,220 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,539,481 | 5,539,481 | 5,539,481 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,144,174 | 5,342,474 | 5,441,220 | 5,499,644 | 5,500,029 | 5,500,029 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,499,644 | 5,539,481 | 5,539,481 | 5,539,481 |
| total liabilities | 5,144,357 | 5,352,708 | 5,444,384 | 6,046,272 | 6,029,928 | 6,026,807 | 6,034,885 | 6,040,427 | 6,041,818 | 6,126,413 | 6,165,907 | 6,131,288 | 6,166,816 | 6,175,529 |
| net assets | -4,571,944 | -4,561,366 | -4,590,904 | -4,597,229 | -4,609,299 | -4,551,519 | -4,464,949 | 2,196,657 | 963,243 | -1,625,391 | -1,825,119 | -1,890,279 | -1,951,136 | -1,946,669 |
| total shareholders funds | -4,571,944 | -4,561,366 | -4,590,904 | -4,597,229 | -4,609,299 | -4,551,519 | -4,464,949 | 2,196,657 | 963,243 | -1,625,391 | -1,825,119 | -1,890,279 | -1,951,136 | -1,946,669 |
| 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 | ||||||||||||||
| Depreciation | 878 | 12,151 | 1,251 | 837 | 849 | 998 | 1,173 | 1,332 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -4,018 | 4,018 | -42,504 | 29,422 | 1,981 | -33,109 | -17,379 | 57,358 | 4,231 |
| Debtors | -218,040 | -63,007 | -594,676 | 28,248 | -53,895 | 483,051 | -6,513,619 | 1,341,856 | 4,566,328 | 443,674 | 4,595 | 81,171 | -308,943 | 1,370,657 |
| Creditors | -10,051 | 7,070 | -543,464 | 16,729 | 3,121 | 523,259 | -7,288 | -531,367 | -84,595 | -39,494 | 74,456 | -35,528 | -8,713 | 636,048 |
| Accruals and Deferred Income | 1,700 | 0 | 0 | -385 | 0 | -531,337 | 1,746 | 529,976 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,750,000 | 0 | 0 | 0 | 0 | 2,750,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -200,000 | -98,746 | -58,424 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39,837 | 0 | 0 | 5,539,481 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -575,125 | -156,669 | -66,078 | 655,943 | -285,341 | 129,142 | -37,465 | 239,308 | 96,285 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -575,125 | -156,669 | -66,078 | 655,943 | -285,341 | 129,142 | -37,465 | 239,308 | 96,285 |
gathercrest limited Credit Report and Business Information
Gathercrest Limited Competitor Analysis
Perform a competitor analysis for gathercrest limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gathercrest limited Ownership
GATHERCREST LIMITED group structure
Gathercrest Limited has no subsidiary companies.
gathercrest limited directors
Gathercrest Limited currently has 3 directors. The longest serving directors include Mrs Meena Patel (Dec 1991) and Mr Amish Patel (Sep 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Meena Patel | 74 years | Dec 1991 | - | Director | |
| Mr Amish Patel | England | 53 years | Sep 1997 | - | Director |
| Ms Priya Patel | England | 47 years | Jun 2007 | - | Director |
P&L
December 2022turnover
1.2m
-27%
operating profit
-10.6k
0%
gross margin
17.6%
-4.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-4.6m
0%
total assets
572.4k
-0.28%
cash
0
0%
net assets
Total assets minus all liabilities
gathercrest limited company details
company number
01071916
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
September 1972
age
52
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o kishens limited, 13 montpelier avenue, bexley, DA5 3AP
last accounts submitted
December 2022
gathercrest 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 2 charges/mortgages relating to gathercrest limited. Currently there are 0 open charges and 2 have been satisfied in the past.
gathercrest limited Companies House Filings - See Documents
| date | description | view/download |
|---|
