g.h.t. plastering services limited

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g.h.t. plastering services limited Company Information

Share G.H.T. PLASTERING SERVICES LIMITED

Company Number

01190806

Shareholders

ght drywall ltd

Group Structure

View All

Industry

Plastering

 

Registered Address

grooms house stanshawes court, yate, bristol, BS37 4DZ

g.h.t. plastering services limited Estimated Valuation

£901.3k

Pomanda estimates the enterprise value of G.H.T. PLASTERING SERVICES LIMITED at £901.3k based on a Turnover of £2.2m and 0.41x industry multiple (adjusted for size and gross margin).

g.h.t. plastering services limited Estimated Valuation

£796.2k

Pomanda estimates the enterprise value of G.H.T. PLASTERING SERVICES LIMITED at £796.2k based on an EBITDA of £199.3k and a 3.99x industry multiple (adjusted for size and gross margin).

g.h.t. plastering services limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of G.H.T. PLASTERING SERVICES LIMITED at £2.9m based on Net Assets of £1.2m and 2.32x industry multiple (adjusted for liquidity).

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G.h.t. Plastering Services Limited Overview

G.h.t. Plastering Services Limited is a live company located in bristol, BS37 4DZ with a Companies House number of 01190806. It operates in the plastering sector, SIC Code 43310. Founded in November 1974, it's largest shareholder is ght drywall ltd with a 100% stake. G.h.t. Plastering Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with high growth in recent years.

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G.h.t. Plastering Services Limited Health Check

Pomanda's financial health check has awarded G.H.T. Plastering Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £2.2m, make it larger than the average company (£230.9k)

£2.2m - G.h.t. Plastering Services Limited

£230.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (9.9%)

21% - G.h.t. Plastering Services Limited

9.9% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)

24.9% - G.h.t. Plastering Services Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of 8.5% make it as profitable than the average company (7.5%)

8.5% - G.h.t. Plastering Services Limited

7.5% - Industry AVG

employees

Employees

with 14 employees, this is above the industry average (2)

14 - G.h.t. Plastering Services Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)

£24.3k - G.h.t. Plastering Services Limited

£24.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £157.9k, this is more efficient (£134.6k)

£157.9k - G.h.t. Plastering Services Limited

£134.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is earlier than average (38 days)

14 days - G.h.t. Plastering Services Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is close to average (34 days)

31 days - G.h.t. Plastering Services Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 121 days, this is more than average (11 days)

121 days - G.h.t. Plastering Services Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 102 weeks, this is more cash available to meet short term requirements (28 weeks)

102 weeks - G.h.t. Plastering Services Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.4%, this is a lower level of debt than the average (52.4%)

18.4% - G.h.t. Plastering Services Limited

52.4% - Industry AVG

G.H.T. PLASTERING SERVICES LIMITED financials

EXPORTms excel logo

G.H.T. Plastering Services Limited's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £1.2 million. According to their latest financial statements, G.H.T. Plastering Services Limited has 14 employees and maintains cash reserves of £539.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,210,3461,235,8431,155,2191,237,9611,530,1801,814,6512,207,7972,251,0162,129,8112,190,0391,575,2523,068,2412,838,7432,398,7712,739,688
Other Income Or Grants
Cost Of Sales1,660,125891,636797,830770,825953,3931,133,4361,486,9141,523,3371,416,8331,431,2791,013,9621,735,8351,759,5341,584,4161,811,533
Gross Profit550,221344,208357,389467,136576,786681,215720,883727,679712,978758,760561,2911,332,4061,079,209814,355928,155
Admin Expenses361,619154,048432,934466,826429,292515,749635,135639,310562,411667,999630,6651,303,6791,112,656863,469231,034
Operating Profit188,602190,160-75,545310147,494165,46685,74888,369150,56790,761-69,37428,727-33,447-49,114697,121
Interest Payable
Interest Receivable30,56324,1514,1545826833,8521,230578510586606122109171154
Pre-Tax Profit219,165214,311-71,391891148,177169,31986,97888,948151,07691,347-68,76828,849-33,338-48,943697,275
Tax-54,791-40,719-169-28,154-32,171-16,526-17,789-30,215-19,183-6,924-195,237
Profit After Tax164,374173,592-71,391722120,023137,14870,45271,158120,86172,164-68,76821,925-33,338-48,943502,038
Dividends Paid
Retained Profit164,374173,592-71,391722120,023137,14870,45271,158120,86172,164-68,76821,925-33,338-48,943502,038
Employee Costs340,070420,886372,153279,821262,625416,038321,390543,236366,191222,626195,564569,018538,062473,892619,680
Number Of Employees1415171515151515117618171519
EBITDA*199,330200,948-67,4984,370158,426171,47592,82295,633156,91994,681-64,61339,392-8,674-16,460728,843

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets37,01735,28532,57345,52055,06924,24925,16022,13429,77921,55417,490144,487173,300209,276327,738
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets37,01735,28532,57345,52055,06924,24925,16022,13429,77921,55417,490144,487173,300209,276327,738
Stock & work in progress550,604280,150255,534224,959330,157321,771427,472394,123415,736501,819216,513554,114364,246369,053262,200
Trade Debtors90,50972,70895,196123,083169,262134,784146,092131,398131,581116,75394,199119,815178,355188,822236,595
Group Debtors
Misc Debtors305,058330,485150,810109,215123,522116,657104,41333,97816,341
Cash539,514624,807511,716596,092567,344797,753229,471262,578200,1903,640230,65911,93736,7047,08961,432
misc current assets
total current assets1,485,6851,308,1501,013,2561,053,3491,190,2851,370,965907,448822,077763,848622,212541,371685,866579,305564,964560,227
total assets1,522,7021,343,4351,045,8291,098,8691,245,3541,395,214932,608844,211793,627643,766558,861830,353752,605774,240887,965
Bank overdraft
Bank loan
Trade Creditors 145,300114,60492,75470,674145,428172,49396,013103,58590,866188,688175,947378,671322,848311,145375,927
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities127,350143,66543,88445,221115,931365,032115,63990,816126,822
total current liabilities272,650258,269136,638115,895261,359537,525211,652194,401217,688188,688175,947378,671322,848311,145375,927
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions8,0357,5235,1407,5329,2752,9923,4072,713
total long term liabilities8,0357,5235,1407,5329,2752,9923,4072,713
total liabilities280,685265,792141,778123,427270,634540,517215,059197,114217,688188,688175,947378,671322,848311,145375,927
net assets1,242,0171,077,643904,051975,442974,720854,697717,549647,097575,939455,078382,914451,682429,757463,095512,038
total shareholders funds1,242,0171,077,643904,051975,442974,720854,697717,549647,097575,939455,078382,914451,682429,757463,095512,038
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit188,602190,160-75,545310147,494165,46685,74888,369150,56790,761-69,37428,727-33,447-49,114697,121
Depreciation10,72810,7888,0474,06010,9326,0097,0747,2646,3523,9204,76110,66524,77332,65431,722
Amortisation
Tax-54,791-40,719-169-28,154-32,171-16,526-17,789-30,215-19,183-6,924-195,237
Stock270,45424,61630,575-105,1988,386-105,70133,349-21,613-86,083285,306-337,601189,868-4,807106,853262,200
Debtors-7,626157,18713,708-60,48641,34393685,12917,45431,16922,554-25,616-58,540-10,467-47,773236,595
Creditors30,69621,85022,080-74,754-27,06576,480-7,57212,719-97,82212,741-202,72455,82311,703-64,782375,927
Accruals and Deferred Income-16,31599,781-1,337-70,710-249,101249,39324,823-36,006126,822
Deferred Taxes & Provisions5122,383-2,392-1,7436,283-4156942,713
Cash flow from operations-103,396102,440-93,43022,678-189,340569,527-24,23761,429210,618-219,62195,880-43,03718,303-140,322410,738
Investing Activities
capital expenditure-12,460-13,5004,9005,489-41,752-5,098-10,100381-14,577-7,984122,23618,14811,20385,808-359,460
Change in Investments
cash flow from investments-12,460-13,5004,9005,489-41,752-5,098-10,100381-14,577-7,984122,23618,14811,20385,808-359,460
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue10,000
interest30,56324,1514,1545826833,8521,230578510586606122109171154
cash flow from financing30,56324,1514,1545826833,8521,23057851058660612210917110,154
cash and cash equivalents
cash-85,293113,091-84,37628,748-230,409568,282-33,10762,388196,550-227,019218,722-24,76729,615-54,34361,432
overdraft
change in cash-85,293113,091-84,37628,748-230,409568,282-33,10762,388196,550-227,019218,722-24,76729,615-54,34361,432

g.h.t. plastering services 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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G.h.t. Plastering Services Limited Competitor Analysis

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Perform a competitor analysis for g.h.t. plastering services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BS37 area or any other competitors across 12 key performance metrics.

g.h.t. plastering services limited Ownership

G.H.T. PLASTERING SERVICES LIMITED group structure

G.H.T. Plastering Services Limited has no subsidiary companies.

Ultimate parent company

1 parent

G.H.T. PLASTERING SERVICES LIMITED

01190806

G.H.T. PLASTERING SERVICES LIMITED Shareholders

ght drywall ltd 100%

g.h.t. plastering services limited directors

G.H.T. Plastering Services Limited currently has 2 directors. The longest serving directors include Mr Richard Jones (Jul 2012) and Mr Justin Knibb (Apr 2015).

officercountryagestartendrole
Mr Richard JonesEngland55 years Jul 2012- Director
Mr Justin KnibbEngland48 years Apr 2015- Director

P&L

March 2024

turnover

2.2m

+79%

operating profit

188.6k

0%

gross margin

24.9%

-10.62%

turnover

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

Balance Sheet

March 2024

net assets

1.2m

+0.15%

total assets

1.5m

+0.13%

cash

539.5k

-0.14%

net assets

Total assets minus all liabilities

g.h.t. plastering services limited company details

company number

01190806

Type

Private limited with Share Capital

industry

43310 - Plastering

incorporation date

November 1974

age

51

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

grooms house stanshawes court, yate, bristol, BS37 4DZ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

g.h.t. plastering services 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 4 charges/mortgages relating to g.h.t. plastering services limited. Currently there are 1 open charges and 3 have been satisfied in the past.

g.h.t. plastering services 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 G.H.T. PLASTERING SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.

g.h.t. plastering services limited Companies House Filings - See Documents

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