goodwrite enterprises limited
goodwrite enterprises limited Company Information
Company Number
01552152
Website
-Registered Address
carleton house, 266-268 stratford road, shirley, solihull, west midlands, B90 3AD
Industry
Artistic creation
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
david burman edgar 55%
stephanie dale 45%
goodwrite enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of GOODWRITE ENTERPRISES LIMITED at £291.4k based on a Turnover of £926.5k and 0.31x industry multiple (adjusted for size and gross margin).
goodwrite enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of GOODWRITE ENTERPRISES LIMITED at £93.4k based on an EBITDA of £61.1k and a 1.53x industry multiple (adjusted for size and gross margin).
goodwrite enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of GOODWRITE ENTERPRISES LIMITED at £218.8k based on Net Assets of £333k and 0.66x industry multiple (adjusted for liquidity).
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Goodwrite Enterprises Limited Overview
Goodwrite Enterprises Limited is a live company located in solihull, B90 3AD with a Companies House number of 01552152. It operates in the artistic creation sector, SIC Code 90030. Founded in March 1981, it's largest shareholder is david burman edgar with a 55% stake. Goodwrite Enterprises Limited is a mature, small sized company, Pomanda has estimated its turnover at £926.5k with low growth in recent years.
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Goodwrite Enterprises Limited Health Check
Pomanda's financial health check has awarded Goodwrite Enterprises Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £926.5k, make it larger than the average company (£272.6k)
- Goodwrite Enterprises Limited
£272.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5%)
- Goodwrite Enterprises Limited
5% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (48.3%)
- Goodwrite Enterprises Limited
48.3% - Industry AVG
Profitability
an operating margin of 6.6% make it as profitable than the average company (7.5%)
- Goodwrite Enterprises Limited
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Goodwrite Enterprises Limited
5 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Goodwrite Enterprises Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £463.3k, this is more efficient (£75.8k)
- Goodwrite Enterprises Limited
£75.8k - Industry AVG
Debtor Days
it gets paid by customers after 115 days, this is later than average (18 days)
- Goodwrite Enterprises Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is close to average (28 days)
- Goodwrite Enterprises Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Goodwrite Enterprises Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Goodwrite Enterprises Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (32%)
12.8% - Goodwrite Enterprises Limited
32% - Industry AVG
GOODWRITE ENTERPRISES LIMITED financials
Goodwrite Enterprises Limited's latest turnover from May 2023 is estimated at £926.5 thousand and the company has net assets of £333 thousand. According to their latest financial statements, Goodwrite Enterprises Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 87,065 | 92,621 | 98,178 | 76,796 | 79,271 | 84,445 | 88,384 | 91,803 | 77,439 | 77,453 | 76,796 | 76,796 | 76,869 | 76,941 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 87,065 | 92,621 | 98,178 | 76,796 | 79,271 | 84,445 | 88,384 | 91,803 | 77,439 | 77,453 | 76,796 | 76,796 | 76,869 | 76,941 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 293,720 | 209,359 | 232,330 | 287,841 | 346,957 | 270,545 | 150,832 | 4,818 | 2,338 | 1,781 | 2,801 | 1,367 | 642 | 1,670 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 978 | 1,118 | 1,021 | 1,968 | 812 | 0 | 0 | 0 | 0 | 0 | 0 | 44,797 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144,261 | 169,368 | 150,809 | 124,608 | 95,105 | 178,856 | 106,313 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 785 | 773 | 0 | 0 | 0 | 0 | 0 | 0 | 76,000 |
| total current assets | 294,698 | 210,477 | 233,351 | 289,809 | 347,769 | 271,330 | 151,605 | 149,079 | 171,706 | 152,590 | 127,409 | 141,269 | 179,498 | 183,983 |
| total assets | 381,763 | 303,098 | 331,529 | 366,605 | 427,040 | 355,775 | 239,989 | 240,882 | 249,145 | 230,043 | 204,205 | 218,065 | 256,367 | 260,924 |
| 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 | 48,718 | 15,915 | 18,272 | 25,207 | 46,289 | 60,050 | 19,388 | 19,277 | 19,154 | 15,413 | 10,787 | 12,796 | 12,231 | 8,537 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 48,718 | 15,915 | 18,272 | 25,207 | 46,289 | 60,050 | 19,388 | 19,277 | 19,154 | 15,413 | 10,787 | 12,796 | 12,231 | 8,537 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 48,718 | 15,915 | 18,272 | 25,207 | 46,289 | 60,050 | 19,388 | 19,277 | 19,154 | 15,413 | 10,787 | 12,796 | 12,231 | 8,537 |
| net assets | 333,045 | 287,183 | 313,257 | 341,398 | 380,751 | 295,725 | 220,601 | 221,605 | 229,991 | 214,630 | 193,418 | 205,269 | 244,136 | 252,387 |
| total shareholders funds | 333,045 | 287,183 | 313,257 | 341,398 | 380,751 | 295,725 | 220,601 | 221,605 | 229,991 | 214,630 | 193,418 | 205,269 | 244,136 | 252,387 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 5,436 | 487 | 329 | 0 | 73 | 72 | 218 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 84,221 | -22,874 | -56,458 | -57,960 | 77,224 | 119,713 | 146,014 | 2,480 | 557 | -1,020 | -43,363 | 45,522 | -1,028 | 1,670 |
| Creditors | 32,803 | -2,357 | -6,935 | -21,082 | -13,761 | 40,662 | 111 | 123 | 3,741 | 4,626 | -2,009 | 565 | 3,694 | 8,537 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -144,261 | -25,107 | 18,559 | 26,201 | 29,503 | -83,751 | 72,543 | 106,313 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -144,261 | -25,107 | 18,559 | 26,201 | 29,503 | -83,751 | 72,543 | 106,313 |
goodwrite enterprises limited Credit Report and Business Information
Goodwrite Enterprises Limited Competitor Analysis
Perform a competitor analysis for goodwrite enterprises limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.
goodwrite enterprises limited Ownership
GOODWRITE ENTERPRISES LIMITED group structure
Goodwrite Enterprises Limited has no subsidiary companies.
Ultimate parent company
GOODWRITE ENTERPRISES LIMITED
01552152
goodwrite enterprises limited directors
Goodwrite Enterprises Limited currently has 2 directors. The longest serving directors include Mr David Edgar (Mar 1991) and Ms Sarah Edgar (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Edgar | 76 years | Mar 1991 | - | Director | |
| Ms Sarah Edgar | Wales | 73 years | Jul 2006 | - | Director |
P&L
May 2023turnover
926.5k
+60%
operating profit
61.1k
0%
gross margin
25.2%
-2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
333k
+0.16%
total assets
381.8k
+0.26%
cash
0
0%
net assets
Total assets minus all liabilities
goodwrite enterprises limited company details
company number
01552152
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
March 1981
age
43
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
veradell limited (December 1981)
accountant
-
auditor
-
address
carleton house, 266-268 stratford road, shirley, solihull, west midlands, B90 3AD
Bank
-
Legal Advisor
-
goodwrite enterprises 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 goodwrite enterprises limited.
goodwrite enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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