globalgrange limited
globalgrange limited Company Information
Company Number
01503192
Website
http://grangehotels.comRegistered Address
58 rochester row, westminster, london, SW1P 1JU
Industry
Hotels and similar accommodation
Telephone
02076302001
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
new grange holdings 3 limited 100%
globalgrange limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBALGRANGE LIMITED at £720.9k based on a Turnover of £3.3m and 0.22x industry multiple (adjusted for size and gross margin).
globalgrange limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBALGRANGE LIMITED at £0 based on an EBITDA of £-3.2m and a 0.9x industry multiple (adjusted for size and gross margin).
globalgrange limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBALGRANGE LIMITED at £0 based on Net Assets of £-3.8m and 1.96x industry multiple (adjusted for liquidity).
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Globalgrange Limited Overview
Globalgrange Limited is a live company located in london, SW1P 1JU with a Companies House number of 01503192. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 1980, it's largest shareholder is new grange holdings 3 limited with a 100% stake. Globalgrange Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.
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Globalgrange Limited Health Check
Pomanda's financial health check has awarded Globalgrange Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
9 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£4.5m)
£3.3m - Globalgrange Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (1.3%)
-36% - Globalgrange Limited
1.3% - Industry AVG
Production
with a gross margin of -42.3%, this company has a higher cost of product (62.5%)
-42.3% - Globalgrange Limited
62.5% - Industry AVG
Profitability
an operating margin of -95.6% make it less profitable than the average company (9.4%)
-95.6% - Globalgrange Limited
9.4% - Industry AVG
Employees
with 97 employees, this is above the industry average (75)
97 - Globalgrange Limited
75 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has a higher pay structure (£21.9k)
£43.8k - Globalgrange Limited
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £34.2k, this is less efficient (£64.8k)
£34.2k - Globalgrange Limited
£64.8k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (8 days)
52 days - Globalgrange Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (48 days)
25 days - Globalgrange Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Globalgrange Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (8 weeks)
16 weeks - Globalgrange Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119%, this is a higher level of debt than the average (75.3%)
119% - Globalgrange Limited
75.3% - Industry AVG
GLOBALGRANGE LIMITED financials
Globalgrange Limited's latest turnover from March 2023 is £3.3 million and the company has net assets of -£3.8 million. According to their latest financial statements, Globalgrange Limited has 97 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,313,506 | 2,689,016 | 3,390,234 | 12,450,546 | 59,666,016 | 133,192,000 | 132,891,000 | 130,413,000 | 125,981,000 | 122,172,000 | 118,915,000 | 108,318,000 | 95,488,000 | 72,817,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,716,804 | 4,445,841 | 7,272,913 | 13,908,779 | 42,783,086 | 67,170,000 | 66,946,000 | 65,268,000 | 62,900,000 | 60,026,000 | 59,420,000 | 55,117,000 | 48,941,000 | 43,484,000 |
| Gross Profit | -1,403,298 | -1,756,825 | -3,882,679 | -1,458,233 | 16,882,930 | 66,022,000 | 65,945,000 | 65,145,000 | 63,081,000 | 62,146,000 | 59,495,000 | 53,201,000 | 46,547,000 | 29,333,000 |
| Admin Expenses | 1,764,651 | 2,332,250 | 6,016,956 | 1,263,222 | 36,176,946 | 31,689,000 | 25,213,000 | 22,339,000 | 27,892,000 | 26,492,000 | 23,496,000 | 22,325,000 | 19,734,000 | 14,214,000 |
| Operating Profit | -3,167,949 | -4,089,075 | -9,899,635 | -2,721,455 | -19,294,016 | 34,333,000 | 40,732,000 | 42,806,000 | 35,189,000 | 35,654,000 | 35,999,000 | 30,876,000 | 26,813,000 | 15,119,000 |
| Interest Payable | 120,959 | 85,813 | 67,573 | 90,095 | 1,134,095 | 8,827,000 | 8,770,000 | 9,257,000 | 19,323,000 | 17,627,000 | 18,415,000 | 18,897,000 | 14,141,000 | 14,323,000 |
| Interest Receivable | 205,100 | 45,348 | 136,614 | 606,757 | 100,000 | 158,000 | 262,000 | 310,000 | 382,000 | 332,000 | 125,000 | 20,000 | 3,000 | |
| Pre-Tax Profit | -3,083,808 | -4,129,540 | -9,830,594 | -2,204,793 | 501,266,361 | 30,590,000 | 33,056,000 | 49,676,000 | 7,502,000 | 18,421,000 | 17,932,000 | 12,099,000 | 14,677,000 | 3,951,000 |
| Tax | 0 | -248,978 | 2,678,556 | 2,032,863 | -2,171,938 | -7,899,000 | -7,175,000 | -11,803,000 | -1,574,000 | -5,968,000 | -5,663,000 | -4,405,000 | -4,126,000 | -998,000 |
| Profit After Tax | -3,083,808 | -4,378,518 | -7,152,038 | -171,930 | 499,094,423 | 22,691,000 | 25,881,000 | 37,873,000 | 5,928,000 | 12,453,000 | 12,269,000 | 7,694,000 | 10,551,000 | 2,953,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 1,299,237,500 | 15,000,000 | 15,000,000 | 1,500,000 | 0 | 0 | 0 | 240,000 | 0 | 495,000 |
| Retained Profit | -3,083,808 | -4,378,518 | -7,152,038 | -171,930 | -800,143,077 | 7,691,000 | 10,881,000 | 36,373,000 | 5,928,000 | 12,453,000 | 12,269,000 | 7,454,000 | 10,515,000 | 2,471,000 |
| Employee Costs | 4,249,504 | 3,975,072 | 6,574,316 | 11,373,561 | 37,274,270 | 35,245,000 | 34,610,000 | 32,519,000 | 30,799,000 | 28,922,000 | 28,731,000 | 27,636,000 | 24,016,000 | 20,872,000 |
| Number Of Employees | 97 | 121 | 175 | 234 | 1,421 | 1,536 | 1,597 | 1,560 | 1,525 | 1,500 | 1,410 | 1,373 | 1,227 | 1,043 |
| EBITDA* | -3,152,753 | -4,075,089 | -9,883,783 | -2,330,323 | -18,575,806 | 47,774,000 | 52,300,000 | 55,027,000 | 52,081,000 | 50,638,000 | 50,020,000 | 43,670,000 | 38,655,000 | 24,333,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,412,927 | 3,421,773 | 3,430,000 | 3,450,000 | 6,442,653 | 1,256,242,000 | 1,245,086,000 | 1,024,027,000 | 1,019,485,000 | 1,027,015,000 | 784,682,000 | 793,418,000 | 664,814,000 | 464,955,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 1 | 261,000 | 323,000 | 387,000 | 451,000 | 514,000 | 574,000 | 642,000 | 716,000 | 798,000 |
| Investments & Other | 557 | 557 | 557 | 557 | 0 | 339,000 | 108,000 | 511,000 | 503,000 | 435,000 | 707,000 | 269,000 | 316,000 | 348,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 285,000 | 298,000 | 1,431,000 |
| Total Fixed Assets | 3,413,484 | 3,422,330 | 3,430,557 | 3,450,557 | 6,442,654 | 1,256,842,000 | 1,245,517,000 | 1,024,925,000 | 1,020,439,000 | 1,027,964,000 | 785,963,000 | 794,614,000 | 666,144,000 | 467,532,000 |
| Stock & work in progress | 0 | 0 | 0 | 68,405 | 502,145 | 693,000 | 549,000 | 671,000 | 391,000 | 377,000 | 375,000 | 408,000 | 288,000 | 4,105,000 |
| Trade Debtors | 474,114 | 584,360 | 717,964 | 769,118 | 1,664,271 | 8,541,000 | 6,028,000 | 5,657,000 | 6,333,000 | 5,235,000 | 4,215,000 | 4,920,000 | 5,044,000 | 3,111,000 |
| Group Debtors | 6,228,858 | 6,222,840 | 5,183,073 | 18,322,740 | 0 | 1,337,000 | 1,337,000 | 1,337,000 | 1,337,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,261,311 | 5,147,002 | 8,980,683 | 7,956,340 | 0 | 3,680,000 | 5,180,000 | 3,803,000 | 3,953,000 | 3,964,000 | 6,000,000 | 2,255,000 | 1,759,000 | 17,538,000 |
| Cash | 7,796,808 | 6,182,688 | 11,760,203 | 21,330,345 | 34,293,417 | 45,458,000 | 60,863,000 | 51,009,000 | 38,922,000 | 37,196,000 | 23,621,000 | 22,365,000 | 21,245,000 | 2,701,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,675,000 | 6,075,000 |
| total current assets | 16,761,091 | 18,136,890 | 26,641,923 | 48,446,948 | 66,408,323 | 59,709,000 | 73,957,000 | 62,477,000 | 50,936,000 | 46,772,000 | 34,211,000 | 29,948,000 | 30,011,000 | 33,530,000 |
| total assets | 20,174,575 | 21,559,220 | 30,072,480 | 51,897,505 | 72,850,977 | 1,316,551,000 | 1,319,474,000 | 1,087,402,000 | 1,071,375,000 | 1,074,736,000 | 820,174,000 | 824,562,000 | 696,155,000 | 501,062,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84,815,000 | 24,730,000 | 37,365,000 | 41,277,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 71,000,000 | 12,250,000 | 12,250,000 | 12,250,000 | 12,250,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 328,025 | 242,683 | 281,153 | 368,976 | 1,402,822 | 6,693,000 | 5,453,000 | 6,482,000 | 5,884,000 | 5,892,000 | 5,084,000 | 5,314,000 | 7,331,000 | 7,915,000 |
| Group/Directors Accounts | 20,762,732 | 20,077,601 | 21,795,617 | 23,601,477 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 19,265,237 | 0 | 2,000,000 | 0 | 0 | 3,051,000 | 4,681,000 | 4,641,000 | 0 | 167,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,917,415 | 2,492,897 | 4,871,153 | 4,862,502 | 0 | 13,896,000 | 16,849,000 | 18,279,000 | 14,931,000 | 13,923,000 | 14,057,000 | 12,945,000 | 12,292,000 | 8,123,000 |
| total current liabilities | 24,008,172 | 22,813,181 | 26,947,923 | 28,832,955 | 49,246,719 | 91,589,000 | 36,552,000 | 37,011,000 | 33,065,000 | 35,116,000 | 108,637,000 | 47,630,000 | 56,988,000 | 57,482,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 154,438,000 | 210,938,000 | 195,188,000 | 207,437,000 | 219,687,000 | 141,482,000 | 218,646,000 | 198,323,000 | 170,681,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 19,362,000 | 28,295,000 | 44,108,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 12,787,955 | 0 | 149,334,000 | 146,853,000 | 116,920,000 | 126,425,000 | 1,880,000 | 2,455,000 | 2,955,000 | 3,117,000 | 3,187,000 |
| total long term liabilities | 0 | 0 | 0 | 12,787,955 | 13,155,733 | 303,772,000 | 377,153,000 | 340,403,000 | 377,970,000 | 221,567,000 | 143,937,000 | 221,601,000 | 201,440,000 | 173,868,000 |
| total liabilities | 24,008,172 | 22,813,181 | 26,947,923 | 41,620,910 | 62,402,452 | 395,361,000 | 413,705,000 | 377,414,000 | 411,035,000 | 256,683,000 | 252,574,000 | 269,231,000 | 258,428,000 | 231,350,000 |
| net assets | -3,833,597 | -1,253,961 | 3,124,557 | 10,276,595 | 10,448,525 | 921,190,000 | 905,769,000 | 709,988,000 | 660,340,000 | 818,053,000 | 567,600,000 | 555,331,000 | 437,727,000 | 269,712,000 |
| total shareholders funds | -3,833,597 | -1,253,961 | 3,124,557 | 10,276,595 | 10,448,525 | 921,190,000 | 905,769,000 | 709,988,000 | 660,340,000 | 818,053,000 | 567,600,000 | 555,331,000 | 437,727,000 | 269,712,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -3,167,949 | -4,089,075 | -9,899,635 | -2,721,455 | -19,294,016 | 34,333,000 | 40,732,000 | 42,806,000 | 35,189,000 | 35,654,000 | 35,999,000 | 30,876,000 | 26,813,000 | 15,119,000 |
| Depreciation | 15,196 | 13,986 | 15,852 | 391,131 | 718,210 | 13,379,000 | 11,504,000 | 12,157,000 | 16,828,000 | 14,903,000 | 13,945,000 | 12,720,000 | 11,768,000 | 9,136,000 |
| Amortisation | 0 | 0 | 0 | 1 | 62,000 | 64,000 | 64,000 | 64,000 | 81,000 | 76,000 | 74,000 | 74,000 | 78,000 | |
| Tax | 0 | -248,978 | 2,678,556 | 2,032,863 | -2,171,938 | -7,899,000 | -7,175,000 | -11,803,000 | -1,574,000 | -5,968,000 | -5,663,000 | -4,405,000 | -4,126,000 | -998,000 |
| Stock | 0 | 0 | -68,405 | -433,740 | -190,855 | 144,000 | -122,000 | 280,000 | 14,000 | 2,000 | -33,000 | 120,000 | -3,817,000 | 4,105,000 |
| Debtors | -2,989,919 | -2,927,518 | -12,166,478 | 25,383,927 | -11,893,729 | 1,013,000 | 1,748,000 | -826,000 | 2,424,000 | -1,016,000 | 2,755,000 | 359,000 | -14,979,000 | 22,080,000 |
| Creditors | 85,342 | -38,470 | -87,823 | -1,033,846 | -5,290,178 | 1,240,000 | -1,029,000 | 598,000 | -8,000 | 808,000 | -230,000 | -2,017,000 | -584,000 | 7,915,000 |
| Accruals and Deferred Income | 424,518 | -2,378,256 | 8,651 | 4,862,502 | -13,896,000 | -2,953,000 | -1,430,000 | 3,348,000 | 1,008,000 | -134,000 | 1,112,000 | 653,000 | 4,169,000 | 8,123,000 |
| Deferred Taxes & Provisions | 0 | 0 | -12,787,955 | 12,787,955 | -149,334,000 | 2,481,000 | 29,933,000 | -9,505,000 | 124,545,000 | -575,000 | -500,000 | -162,000 | -70,000 | 3,187,000 |
| Cash flow from operations | 347,026 | -3,813,275 | -7,837,471 | -8,631,036 | 39,486,000 | 70,973,000 | 38,211,000 | 173,614,000 | 45,783,000 | 42,017,000 | 37,260,000 | 56,840,000 | 16,375,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | -17,171,000 | -18,788,000 | -16,692,000 | -9,299,000 | -19,246,000 | -5,213,000 | -31,174,000 | -52,594,000 | -29,910,000 | |||||
| Change in Investments | 0 | 0 | 0 | 557 | -339,000 | 231,000 | -403,000 | 8,000 | 68,000 | -272,000 | 438,000 | -47,000 | -32,000 | 348,000 |
| cash flow from investments | -17,402,000 | -18,385,000 | -16,700,000 | -9,367,000 | -18,974,000 | -5,651,000 | -31,127,000 | -52,562,000 | -30,258,000 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -71,000,000 | 58,750,000 | 0 | 0 | 0 | 12,250,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 685,131 | -1,718,016 | -1,805,860 | 23,601,477 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -19,265,237 | 19,265,237 | -2,000,000 | 2,000,000 | 0 | -3,051,000 | -1,630,000 | 40,000 | 4,641,000 | -167,000 | 167,000 |
| Long term loans | 0 | 0 | 0 | 0 | -154,438,000 | -56,500,000 | 15,750,000 | -12,249,000 | -12,250,000 | 78,205,000 | -77,164,000 | 20,323,000 | 27,642,000 | 170,681,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -19,362,000 | -8,933,000 | -15,813,000 | 44,108,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 84,141 | -40,465 | 69,041 | 516,662 | -8,727,000 | -8,612,000 | -8,995,000 | -19,013,000 | -17,245,000 | -18,083,000 | -18,772,000 | -14,121,000 | -14,320,000 | |
| cash flow from financing | 1,273,444 | -1,758,481 | -1,736,819 | 4,852,902 | -20,109,000 | 185,105,000 | -23,782,000 | -153,847,000 | 309,580,000 | -95,207,000 | 116,342,000 | 170,854,000 | 423,769,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | 1,614,120 | -5,577,515 | -9,570,142 | -12,963,072 | -11,164,583 | -15,405,000 | 9,854,000 | 12,087,000 | 1,726,000 | 13,575,000 | 1,256,000 | 1,120,000 | 18,544,000 | 2,701,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84,815,000 | 60,085,000 | -12,635,000 | -3,912,000 | 41,277,000 |
| change in cash | 1,614,120 | -5,577,515 | -9,570,142 | -12,963,072 | -11,164,583 | -15,405,000 | 9,854,000 | 12,087,000 | 1,726,000 | 98,390,000 | -58,829,000 | 13,755,000 | 22,456,000 | -38,576,000 |
globalgrange limited Credit Report and Business Information
Globalgrange Limited Competitor Analysis
Perform a competitor analysis for globalgrange limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SW1P area or any other competitors across 12 key performance metrics.
globalgrange limited Ownership
GLOBALGRANGE LIMITED group structure
Globalgrange Limited has 7 subsidiary companies.
Ultimate parent company
1 parent
GLOBALGRANGE LIMITED
01503192
7 subsidiaries
globalgrange limited directors
Globalgrange Limited currently has 2 directors. The longest serving directors include Mr Harpal Matharu (Oct 1992) and Mr Raj Matharu (Oct 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harpal Matharu | 67 years | Oct 1992 | - | Director | |
| Mr Raj Matharu | England | 66 years | Oct 1992 | - | Director |
P&L
March 2023turnover
3.3m
+23%
operating profit
-3.2m
-23%
gross margin
-42.3%
-35.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.8m
+2.06%
total assets
20.2m
-0.06%
cash
7.8m
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
globalgrange limited company details
company number
01503192
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
June 1980
age
44
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
58 rochester row, westminster, london, SW1P 1JU
Bank
BARCLAYS BANK PLC
Legal Advisor
HOWARD KENNEDY LLP
globalgrange 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 53 charges/mortgages relating to globalgrange limited. Currently there are 0 open charges and 53 have been satisfied in the past.
globalgrange limited Companies House Filings - See Documents
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