greet building services limited

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greet building services limited Company Information

Share GREET BUILDING SERVICES LIMITED

Company Number

01882103

Shareholders

anthony richard berriman

mr edward anthony berriman

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Group Structure

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Industry

Construction of domestic buildings

 +1

Registered Address

20 warden hill road, cheltenham, GL51 3AW

greet building services limited Estimated Valuation

£58.6k

Pomanda estimates the enterprise value of GREET BUILDING SERVICES LIMITED at £58.6k based on a Turnover of £132.3k and 0.44x industry multiple (adjusted for size and gross margin).

greet building services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GREET BUILDING SERVICES LIMITED at £0 based on an EBITDA of £-17.4k and a 3.56x industry multiple (adjusted for size and gross margin).

greet building services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GREET BUILDING SERVICES LIMITED at £0 based on Net Assets of £-18.3k and 1.44x industry multiple (adjusted for liquidity).

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Greet Building Services Limited Overview

Greet Building Services Limited is a live company located in cheltenham, GL51 3AW with a Companies House number of 01882103. It operates in the development of building projects sector, SIC Code 41100. Founded in February 1985, it's largest shareholder is anthony richard berriman with a 40% stake. Greet Building Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £132.3k with low growth in recent years.

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Greet Building Services Limited Health Check

Pomanda's financial health check has awarded Greet Building Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £132.3k, make it smaller than the average company (£1.4m)

£132.3k - Greet Building Services Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8%)

1% - Greet Building Services Limited

8% - Industry AVG

production

Production

with a gross margin of 22.9%, this company has a comparable cost of product (22.9%)

22.9% - Greet Building Services Limited

22.9% - Industry AVG

profitability

Profitability

an operating margin of -14.4% make it less profitable than the average company (6.2%)

-14.4% - Greet Building Services Limited

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Greet Building Services Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)

£45.1k - Greet Building Services Limited

£45.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.2k, this is less efficient (£239.3k)

£66.2k - Greet Building Services Limited

£239.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (26 days)

3 days - Greet Building Services Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (30 days)

22 days - Greet Building Services Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (227 days)

1 days - Greet Building Services Limited

227 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (12 weeks)

32 weeks - Greet Building Services Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 136.6%, this is a higher level of debt than the average (73.4%)

136.6% - Greet Building Services Limited

73.4% - Industry AVG

GREET BUILDING SERVICES LIMITED financials

EXPORTms excel logo

Greet Building Services Limited's latest turnover from March 2024 is estimated at £132.3 thousand and the company has net assets of -£18.3 thousand. According to their latest financial statements, Greet Building Services Limited has 2 employees and maintains cash reserves of £42.1 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
Turnover132,332129,235185,665126,961185,252239,649285,134454,317275,117460,878490,600449,409422,622384,778436,750
Other Income Or Grants000000000000000
Cost Of Sales102,01499,887145,91799,991142,263179,792211,785332,527202,676342,732365,980335,928316,376288,223326,490
Gross Profit30,31829,34839,74826,97042,98959,85773,350121,79172,441118,146124,621113,481106,24696,555110,261
Admin Expenses49,32124,76130,725-14,35624,17283,87390,554116,83366,504138,325117,463131,692109,596107,09286,984
Operating Profit-19,0034,5879,02341,32618,817-24,016-17,2044,9585,937-20,1797,158-18,211-3,350-10,53723,277
Interest Payable00066003,3813,516000000
Interest Receivable3,1793,3964874020757742757570529110729
Pre-Tax Profit-15,8247,9839,51041,35918,831-23,941-17,1271,6202,496-20,1047,229-18,159-3,259-10,43023,306
Tax0-1,517-1,807-7,858-3,57800-324-4990-1,663000-6,526
Profit After Tax-15,8246,4667,70333,50115,253-23,941-17,1271,2961,997-20,1045,566-18,159-3,259-10,43016,780
Dividends Paid000000000000000
Retained Profit-15,8246,4667,70333,50115,253-23,941-17,1271,2961,997-20,1045,566-18,159-3,259-10,43016,780
Employee Costs90,28189,24284,95680,80081,673126,714122,541158,16940,13077,19674,37772,87170,48068,15067,704
Number Of Employees222223341222222
EBITDA*-17,4457,05212,10545,17923,247-18,477-12,78211,39714,436-15,57412,620-13,457-1,480-7,81527,089

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets6,2287,78612,33015,41217,72922,15917,68821,39627,83515,77117,18214,1335,7087,29412,786
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets6,2287,78612,33015,41217,72922,15917,68821,39627,83515,77117,18214,1335,7087,29412,786
Stock & work in progress5006,3817,0078,6968,69623,23126,33524,82643,18916,75138,6551,4001,400700750
Trade Debtors1,1381,1384,4362,9346,3681,57221,41842,64336,32819,24021,55429,15341,74429,94743,365
Group Debtors000000000000000
Misc Debtors0000000727225,80300001,6800
Cash42,13678,95780,83649,12030,23910,6869,34121,46712,35217,46212,44815,5895,04631,35611,440
misc current assets000000000000000
total current assets43,77486,47692,27960,75045,30335,48957,09489,663317,67253,45372,65746,14248,19063,68355,555
total assets50,00294,262104,60976,16263,03257,64874,782111,059345,50769,22489,83960,27553,89870,97768,341
Bank overdraft00002000000000000
Bank loan000000000000000
Trade Creditors 6,2503,68217,0674,54115,86417,2025,2913,9676,46196,83097,34173,34348,80761,03348,009
Group/Directors Accounts0000000015,63600001,5940
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities62,03493,03896,46688,24897,096105,827110,931131,405240,842000000
total current liabilities68,28496,720113,53392,789113,160123,029116,222135,372262,93996,83097,34173,34348,80762,62748,009
loans00000000108,177000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000001,552
total long term liabilities00000000108,177000001,552
total liabilities68,28496,720113,53392,789113,160123,029116,222135,372371,11696,83097,34173,34348,80762,62749,561
net assets-18,282-2,458-8,924-16,627-50,128-65,381-41,440-24,313-25,609-27,606-7,502-13,0685,0918,35018,780
total shareholders funds-18,282-2,458-8,924-16,627-50,128-65,381-41,440-24,313-25,609-27,606-7,502-13,0685,0918,35018,780
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-19,0034,5879,02341,32618,817-24,016-17,2044,9585,937-20,1797,158-18,211-3,350-10,53723,277
Depreciation1,5582,4653,0823,8534,4305,5394,4226,4398,4994,6055,4624,7541,8702,7223,812
Amortisation000000000000000
Tax0-1,517-1,807-7,858-3,57800-324-4990-1,663000-6,526
Stock-5,881-626-1,6890-14,535-3,1041,509-18,36326,438-21,90437,2550700-50750
Debtors0-3,2981,502-3,4344,796-19,846-21,952-218,761242,891-2,314-7,599-12,59110,117-11,73843,365
Creditors2,568-13,38512,526-11,323-1,33811,9111,324-2,494-90,369-51123,99824,536-12,22613,02448,009
Accruals and Deferred Income-31,004-3,4288,218-8,848-8,731-5,104-20,474-109,437240,842000000
Deferred Taxes & Provisions0000000000000-1,5521,552
Cash flow from operations-40,000-7,35431,22920,58419,33911,280-11,489136,266-104,9198,1335,29923,670-24,52315,44526,009
Investing Activities
capital expenditure02,0790-1,5360-10,010-7140-20,563-3,194-8,511-13,179-2842,770-16,598
Change in Investments000000000000000
cash flow from investments02,0790-1,5360-10,010-7140-20,563-3,194-8,511-13,179-2842,770-16,598
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000-15,63615,636000-1,5941,5940
Other Short Term Loans 000000000000000
Long term loans0000000-108,177108,177000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000002,000
interest3,1793,39648734147577-3,339-3,4417570529110729
cash flow from financing3,1793,39648734147577-127,152120,372757052-1,5031,7012,029
cash and cash equivalents
cash-36,821-1,87931,71618,88119,5531,345-12,1269,115-5,1105,014-3,14110,543-26,31019,91611,440
overdraft000-2002000000000000
change in cash-36,821-1,87931,71619,08119,3531,345-12,1269,115-5,1105,014-3,14110,543-26,31019,91611,440

greet building 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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Greet Building Services Limited Competitor Analysis

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Perform a competitor analysis for greet building services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in GL51 area or any other competitors across 12 key performance metrics.

greet building services limited Ownership

GREET BUILDING SERVICES LIMITED group structure

Greet Building Services Limited has no subsidiary companies.

Ultimate parent company

GREET BUILDING SERVICES LIMITED

01882103

GREET BUILDING SERVICES LIMITED Shareholders

anthony richard berriman 40%
mr edward anthony berriman 30%
mr richard james berriman 30%

greet building services limited directors

Greet Building Services Limited currently has 4 directors. The longest serving directors include Mr Anthony Berriman (Aug 1991) and Mrs Jennifer Berriman (Apr 2005).

officercountryagestartendrole
Mr Anthony BerrimanUnited Kingdom78 years Aug 1991- Director
Mrs Jennifer BerrimanUnited Kingdom76 years Apr 2005- Director
Mr Edward BerrimanEngland49 years Apr 2013- Director
Mr Richard BerrimanUnited Kingdom51 years Sep 2016- Director

P&L

March 2024

turnover

132.3k

+2%

operating profit

-19k

0%

gross margin

23%

+0.89%

turnover

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

Balance Sheet

March 2024

net assets

-18.3k

+6.44%

total assets

50k

-0.47%

cash

42.1k

-0.47%

net assets

Total assets minus all liabilities

greet building services limited company details

company number

01882103

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

41100 - Development of building projects

incorporation date

February 1985

age

40

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

cronk building limited (June 1987)

accountant

BROTHERTONS ACCOUNTANTS LTD

auditor

-

address

20 warden hill road, cheltenham, GL51 3AW

Bank

-

Legal Advisor

-

greet building 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 did not find charges/mortgages relating to greet building services limited.

greet building 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.

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greet building services limited Companies House Filings - See Documents

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