gordano carpets limited

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gordano carpets limited Company Information

Share GORDANO CARPETS LIMITED

Company Number

01400478

Directors

Katie Jarman

Rickie Pearce

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Shareholders

rickie vincent pearce

katie jane jarman

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Group Structure

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Industry

Retail sale of carpets, rugs, wall and floor coverings in specialised stores

 

Registered Address

gordano carpets limited, 12 high street, bristol, BS20 6EW

gordano carpets limited Estimated Valuation

£316.5k

Pomanda estimates the enterprise value of GORDANO CARPETS LIMITED at £316.5k based on a Turnover of £1m and 0.31x industry multiple (adjusted for size and gross margin).

gordano carpets limited Estimated Valuation

£26.1k

Pomanda estimates the enterprise value of GORDANO CARPETS LIMITED at £26.1k based on an EBITDA of £8.6k and a 3.04x industry multiple (adjusted for size and gross margin).

gordano carpets limited Estimated Valuation

£547k

Pomanda estimates the enterprise value of GORDANO CARPETS LIMITED at £547k based on Net Assets of £286.7k and 1.91x industry multiple (adjusted for liquidity).

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Gordano Carpets Limited Overview

Gordano Carpets Limited is a live company located in bristol, BS20 6EW with a Companies House number of 01400478. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in November 1978, it's largest shareholder is rickie vincent pearce with a 25% stake. Gordano Carpets Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.

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Gordano Carpets Limited Health Check

Pomanda's financial health check has awarded Gordano Carpets Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£9.1m)

£1m - Gordano Carpets Limited

£9.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.1%)

17% - Gordano Carpets Limited

8.1% - Industry AVG

production

Production

with a gross margin of 35.4%, this company has a higher cost of product (45.1%)

35.4% - Gordano Carpets Limited

45.1% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (4.7%)

0.9% - Gordano Carpets Limited

4.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (44)

4 - Gordano Carpets Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)

£32.7k - Gordano Carpets Limited

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £251.6k, this is more efficient (£167k)

£251.6k - Gordano Carpets Limited

£167k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (20 days)

102 days - Gordano Carpets Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is quicker than average (53 days)

39 days - Gordano Carpets Limited

53 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gordano Carpets Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gordano Carpets Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (50.7%)

19.6% - Gordano Carpets Limited

50.7% - Industry AVG

GORDANO CARPETS LIMITED financials

EXPORTms excel logo

Gordano Carpets Limited's latest turnover from June 2024 is estimated at £1 million and the company has net assets of £286.7 thousand. According to their latest financial statements, Gordano Carpets Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover1,006,423841,322716,075630,740508,583411,998466,537569,193224,540184,828286,322206,464235,109182,796200,605
Other Income Or Grants
Cost Of Sales649,692554,951494,702444,125329,425280,042320,139401,406159,664126,839202,277145,183162,196123,923136,951
Gross Profit356,731286,371221,374186,615179,157131,956146,398167,78764,87657,98984,04561,28172,91358,87363,655
Admin Expenses348,143279,284205,04960,814160,74681,931131,826104,55951,32736,18570,81660,43671,60359,05363,109
Operating Profit8,5887,08716,325125,80118,41150,02514,57263,22813,54921,80413,2298451,310-180546
Interest Payable
Interest Receivable511771591128110214294
Pre-Tax Profit8,5887,08716,325125,80118,41150,02514,57263,27913,72621,96413,3429261,412-38640
Tax-2,147-1,772-3,102-23,902-3,498-9,505-2,769-12,023-2,745-4,393-2,802-213-339-179
Profit After Tax6,4415,31513,223101,89914,91340,52011,80351,25610,98117,57110,5407131,073-38461
Dividends Paid
Retained Profit6,4415,31513,223101,89914,91340,52011,80351,25610,98117,57110,5407131,073-38461
Employee Costs130,79895,097108,55599,05374,39481,66176,112100,87249,50924,01548,28646,11041,74039,98044,871
Number Of Employees434433342122222
EBITDA*8,5887,08716,325125,80118,41150,02514,57263,22825,60730,20213,8951,7192,5591,3562,569

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets73,09477,67883,91793,67085,75497,97079,70684,23739,81127,1072,2072,8733,7474,9966,532
Intangible Assets47,28547,28547,28547,28547,28547,28547,285
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets73,09477,67883,91793,67085,75497,97079,70684,23787,09674,39249,49250,15851,03252,28153,817
Stock & work in progress33,94828,29028,00923,20525,25025,98211,781
Trade Debtors281,673268,725263,367276,510139,551106,48798,361101,69911,2359,33325,95020,48821,6478,5908,935
Group Debtors
Misc Debtors1,6421,6661,5731,7971,8381,950
Cash41,11829,70534,01610,94421,53419,20937,656
misc current assets1,9501,7924,30423,1395,8076,8681,8823,0192,419
total current assets283,315270,391264,940278,307141,389108,437100,311103,49190,60590,46793,78261,50570,31356,80060,791
total assets356,409348,069348,857371,977227,143206,407180,017187,728177,701164,859143,274111,663121,345109,081114,608
Bank overdraft
Bank loan
Trade Creditors 69,73867,83973,942108,41062,97554,65275,65795,171136,300134,439130,425109,354119,749108,558114,047
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities69,73867,83973,942108,41062,97554,65275,65795,171136,300134,439130,425109,354119,749108,558114,047
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,8754,3756,875
provisions
total long term liabilities1,8754,3756,875
total liabilities69,73867,83973,942110,28567,35061,52775,65795,171136,300134,439130,425109,354119,749108,558114,047
net assets286,671280,230274,915261,692159,793144,880104,36092,55741,40130,42012,8492,3091,596523561
total shareholders funds286,671280,230274,915261,692159,793144,880104,36092,55741,40130,42012,8492,3091,596523561
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit8,5887,08716,325125,80118,41150,02514,57263,22813,54921,80413,2298451,310-180546
Depreciation12,0588,3986668741,2491,5362,023
Amortisation
Tax-2,147-1,772-3,102-23,902-3,498-9,505-2,769-12,023-2,745-4,393-2,802-213-339-179
Stock-33,9485,6582814,804-2,045-73214,20111,781
Debtors12,9245,451-13,367136,91832,95210,076-3,33890,4641,902-16,6175,462-1,15913,057-3458,935
Creditors1,899-6,103-34,46845,4358,323-21,005-19,514-41,1291,8614,01421,071-10,39511,191-5,489114,047
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-4,584-6,239-7,87810,416-9,7169,439-4,373-46,44017,16346,15921,898-5,6851,086-17,98995,721
Investing Activities
capital expenditure4,5846,2399,753-7,91612,216-18,2644,5312,859-24,762-33,298-55,840
Change in Investments
cash flow from investments4,5846,2399,753-7,91612,216-18,2644,5312,859-24,762-33,298-55,840
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,875-2,500-2,5006,875
share issue-100100
interest511771591128110214294
cash flow from financing-1,875-2,500-2,5006,875-4917715911281102142194
cash and cash equivalents
cash-41,11811,413-4,31123,072-10,5902,325-18,44737,656
overdraft
change in cash-41,11811,413-4,31123,072-10,5902,325-18,44737,656

gordano carpets 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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Gordano Carpets Limited Competitor Analysis

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Perform a competitor analysis for gordano carpets limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BS20 area or any other competitors across 12 key performance metrics.

gordano carpets limited Ownership

GORDANO CARPETS LIMITED group structure

Gordano Carpets Limited has no subsidiary companies.

Ultimate parent company

GORDANO CARPETS LIMITED

01400478

GORDANO CARPETS LIMITED Shareholders

rickie vincent pearce 25%
katie jane jarman 25%
gavin donald brake 25%
jennifer may pearce 25%

gordano carpets limited directors

Gordano Carpets Limited currently has 4 directors. The longest serving directors include Ms Katie Jarman (Nov 2004) and Mr Rickie Pearce (Nov 2004).

officercountryagestartendrole
Ms Katie JarmanEngland53 years Nov 2004- Director
Mr Rickie Pearce54 years Nov 2004- Director
Ms Jennifer Pearce49 years Apr 2006- Director
Mr Gavin BrakeEngland54 years Apr 2006- Director

P&L

June 2024

turnover

1m

+20%

operating profit

8.6k

0%

gross margin

35.5%

+4.13%

turnover

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

Balance Sheet

June 2024

net assets

286.7k

+0.02%

total assets

356.4k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

gordano carpets limited company details

company number

01400478

Type

Private limited with Share Capital

industry

47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores

incorporation date

November 1978

age

47

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

weyport leisure services limited (December 1980)

accountant

-

auditor

-

address

gordano carpets limited, 12 high street, bristol, BS20 6EW

Bank

HSBC BANK PLC

Legal Advisor

-

gordano carpets 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 did not find charges/mortgages relating to gordano carpets limited.

gordano carpets 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.

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gordano carpets limited Companies House Filings - See Documents

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