the growth company limited

the growth company limited Company Information

Share THE GROWTH COMPANY LIMITED
Live 
MatureMegaLow

Company Number

02443911

Industry

Other personal service activities n.e.c.

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

lee house, 90,great bridgewater street, manchester, M1 5JW

the growth company limited Estimated Valuation

£164.6m

Pomanda estimates the enterprise value of THE GROWTH COMPANY LIMITED at £164.6m based on a Turnover of £104.9m and 1.57x industry multiple (adjusted for size and gross margin).

the growth company limited Estimated Valuation

£6.2m

Pomanda estimates the enterprise value of THE GROWTH COMPANY LIMITED at £6.2m based on an EBITDA of £666k and a 9.25x industry multiple (adjusted for size and gross margin).

the growth company limited Estimated Valuation

£49m

Pomanda estimates the enterprise value of THE GROWTH COMPANY LIMITED at £49m based on Net Assets of £21.6m and 2.27x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

The Growth Company Limited Overview

The Growth Company Limited is a live company located in manchester, M1 5JW with a Companies House number of 02443911. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 1989, it's largest shareholder is unknown. The Growth Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £104.9m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

The Growth Company Limited Health Check

Pomanda's financial health check has awarded The Growth Company Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £104.9m, make it larger than the average company (£858.2k)

£104.9m - The Growth Company Limited

£858.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.3%)

1% - The Growth Company Limited

8.3% - Industry AVG

production

Production

with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)

38.6% - The Growth Company Limited

38.6% - Industry AVG

profitability

Profitability

an operating margin of -1.3% make it less profitable than the average company (5.8%)

-1.3% - The Growth Company Limited

5.8% - Industry AVG

employees

Employees

with 1727 employees, this is above the industry average (14)

1727 - The Growth Company Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.7k, the company has a higher pay structure (£29.3k)

£36.7k - The Growth Company Limited

£29.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.7k, this is less efficient (£75.3k)

£60.7k - The Growth Company Limited

£75.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (28 days)

20 days - The Growth Company Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (37 days)

15 days - The Growth Company Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (33 days)

1 days - The Growth Company Limited

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 33 weeks, this is less cash available to meet short term requirements (58 weeks)

33 weeks - The Growth Company Limited

58 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.5%, this is a higher level of debt than the average (37.3%)

62.5% - The Growth Company Limited

37.3% - Industry AVG

THE GROWTH COMPANY LIMITED financials

EXPORTms excel logo

The Growth Company Limited's latest turnover from March 2024 is £104.9 million and the company has net assets of £21.6 million. According to their latest financial statements, The Growth Company Limited has 1,727 employees and maintains cash reserves of £14.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover104,864,000117,006,000124,960,000102,771,00096,495,00077,100,00094,690,00089,987,00090,778,00081,924,91945,793,25566,016,46053,586,05683,600,89173,482,44838,953,885
Other Income Or Grants0000000000000000
Cost Of Sales64,432,45469,434,65875,601,78463,170,89057,916,06146,133,70657,357,73453,050,29384,716,00076,249,37042,252,80659,775,12649,492,70079,133,25969,987,30634,370,995
Gross Profit40,431,54647,571,34249,358,21639,600,11038,578,93930,966,29437,332,26636,936,7076,062,0005,675,5493,540,4496,241,3344,093,3564,467,6323,495,1424,582,890
Admin Expenses41,779,54646,360,34248,056,21636,051,11038,323,93930,314,29436,639,26635,484,7074,714,0004,964,0492,214,3703,581,5493,764,2373,605,3213,257,0854,695,841
Operating Profit-1,348,0001,211,0001,302,0003,549,000255,000652,000693,0001,452,0001,348,000711,5001,326,0792,659,785329,119862,311238,057-112,951
Interest Payable219,000267,000253,000214,000223,000303,000264,000153,000231,000152,3241,310,190158,845217,1691,734,0021,584,4102,011,838
Interest Receivable509,00067,0002,0007,00014,00027,00011,000270,000790,000835,3751,913,954669,963671,5132,702,2471,622,0311,793,975
Pre-Tax Profit-2,031,0001,064,0001,448,0003,301,000346,000226,0001,040,0001,569,0001,843,000-829,2241,252,3213,402,1431,936,2602,486,2935,090,542-43,541
Tax-187,000-267,0009,000139,000-139,000-65,000-126,000-166,000-70,000-70,114-124,018-97,968-4,379-7,301-250,49754,347
Profit After Tax-2,218,000797,0001,457,0003,440,000207,000161,000914,0001,403,0001,773,000-899,3381,128,3033,304,1751,931,8812,478,9924,840,04510,806
Dividends Paid000000000000002,0002,000
Retained Profit-2,218,000797,0001,457,0003,440,000207,000161,000914,0001,403,0001,773,000-899,3381,128,3033,304,1751,931,8812,478,9924,838,0458,806
Employee Costs63,328,00063,908,00059,260,00046,327,00043,604,00038,563,00041,375,00038,183,00034,880,00034,483,37620,688,24028,558,55617,901,96126,084,63023,641,72823,031,030
Number Of Employees1,7271,9321,8011,4641,4061,3021,4321,3861,0511,1081,0441,049632897837831
EBITDA*666,0002,178,0003,471,0005,226,0002,105,0002,062,0002,026,0002,854,0002,698,0002,505,1981,958,3023,487,2421,191,6071,612,422950,468489,285

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets2,685,0003,499,0003,852,0002,649,0003,330,0003,611,0003,742,0003,647,000189,0004,842,5453,318,9702,943,4972,931,3272,482,6912,125,4622,050,178
Intangible Assets3,546,0003,481,0001,985,0001,809,0001,137,000720,000408,000190,000-189,000-127,0462,428,533-3,909452,343628,930726,602845,276
Investments & Other7,603,0008,348,0008,045,0007,330,0006,222,0005,198,0004,700,0004,100,0008,230,0003,900,0003,900,0004,400,0005,750,50210,559,3017,890,6877,830,458
Debtors (Due After 1 year)5,282,0007,215,0008,031,0007,053,0002,154,0002,650,0003,781,0002,713,0002,426,00035,157,28335,244,27820,823,2241,370,0001,123,835542,058789,330
Total Fixed Assets19,116,00022,543,00021,913,00018,841,00012,843,00012,179,00012,631,00010,650,00010,656,00043,772,78244,891,78128,162,81210,504,17214,794,75711,284,80911,515,242
Stock & work in progress231,00084,00099,00062,000010,00024,00037,00039,00045,69658,57500000
Trade Debtors5,895,0006,047,0006,115,0004,468,0009,418,0005,453,0007,697,0009,237,0006,496,00028,898,08316,146,9919,933,3124,811,6846,318,1807,617,4165,449,716
Group Debtors0000000000001,861,4233,592,6222,230,774652,771
Misc Debtors17,644,00016,015,00019,482,00020,397,00024,253,00016,353,00015,119,00018,406,0008,797,00010,421,57410,345,6198,315,0206,444,8677,005,0958,279,6056,560,258
Cash14,731,00019,541,00026,705,00022,143,00012,818,0009,899,00013,474,00022,714,00022,680,00018,928,65214,961,82616,037,1646,900,9917,716,4556,283,5773,708,147
misc current assets0000000000000000
total current assets38,501,00041,687,00052,401,00047,070,00046,489,00031,715,00036,314,00050,394,00038,012,00058,294,00541,513,01134,285,49620,018,96524,632,35224,411,37216,370,892
total assets57,617,00064,230,00074,314,00065,911,00059,332,00043,894,00048,945,00061,044,00048,668,000102,066,78786,404,79262,448,30830,523,13739,427,10935,696,18127,886,134
Bank overdraft000000002,207,000449,828504,010018,983194344,645413,980
Bank loan171,0001,291,0001,651,000520,000141,000227,000225,000225,0000212,9890195,8700000
Trade Creditors 2,742,0003,824,0003,637,0002,081,0005,532,000597,0001,486,0003,136,0004,819,0004,163,8682,334,5061,557,4111,074,025962,785463,7981,522,030
Group/Directors Accounts0000000000002,630,1235,830,2793,170,5563,529,874
other short term finances00001,000,000500,0001,000,0001,013,000167,0000000000
hp & lease commitments0000000000000000
other current liabilities19,718,00025,682,00035,629,00030,052,00029,610,00020,232,00024,761,00035,669,00020,528,00022,883,83129,405,37722,417,48410,998,29512,738,73114,712,9357,718,103
total current liabilities22,631,00030,797,00040,917,00032,653,00036,283,00021,556,00027,472,00040,043,00027,721,00027,710,51632,243,89324,170,76514,721,42619,531,98918,691,93413,183,987
loans7,677,0004,846,0006,103,0008,145,0001,355,0001,759,0001,521,0001,670,0002,818,0002,209,0692,421,1622,564,7793,507,2043,554,7273,720,3743,355,000
hp & lease commitments0000000000000000
Accruals and Deferred Income000000000032,735,18118,890,3170000
other liabilities1,326,0000080,00080,00080,00080,000467,000503,0001,000,0001,800,000000227,3330
provisions2,064,0002,192,0001,785,0001,099,0001,155,000297,00039,00011,00011,0001,719,58111,3465400000
total long term liabilities13,366,0009,525,00014,448,00017,089,0009,080,0007,154,0006,306,0006,776,0005,045,0007,368,65038,880,68923,481,6363,507,2043,554,7273,947,7073,355,000
total liabilities35,997,00040,322,00055,365,00049,742,00045,363,00028,710,00033,778,00046,819,00032,766,00035,079,16671,124,58247,652,40118,228,63023,086,71622,639,64116,538,987
net assets21,620,00023,908,00018,949,00016,169,00013,969,00015,184,00015,167,00014,225,00015,902,00066,987,62115,280,21014,795,90712,294,50716,340,39313,056,54011,347,147
total shareholders funds21,620,00023,908,00018,949,00016,169,00013,969,00015,184,00015,167,00014,225,00015,902,00066,987,62115,280,21014,795,90712,294,50716,340,39313,056,54011,347,147
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-1,348,0001,211,0001,302,0003,549,000255,000652,000693,0001,452,0001,348,000711,5001,326,0792,659,785329,119862,311238,057-112,951
Depreciation1,445,000574,0001,619,0001,501,0001,831,0001,392,0001,314,0001,357,0001,223,0001,188,119646,669854,987768,148652,438593,736504,435
Amortisation569,000393,000550,000176,00019,00018,00019,00045,000127,000605,579-14,446-27,53094,34097,673118,67597,801
Tax-187,000-267,0009,000139,000-139,000-65,000-126,000-166,000-70,000-70,114-124,018-97,968-4,379-7,301-250,49754,347
Stock147,000-15,00037,00062,000-10,000-14,000-13,000-2,000-6,696-12,87958,57500000
Debtors-456,000-4,351,0001,710,000-3,907,00011,369,000-2,141,000-3,759,00012,637,000-56,757,94012,740,05222,665,33224,583,582-3,551,758-630,1215,217,77813,452,075
Creditors-1,082,000187,0001,556,000-3,451,0004,935,000-889,000-1,650,000-1,683,000655,1321,829,362777,095483,386111,240498,987-1,058,2321,522,030
Accruals and Deferred Income-5,964,000-9,947,0005,577,000442,0009,378,000-4,529,000-10,908,00015,141,000-2,355,831-39,256,72720,832,75730,309,506-1,740,436-1,974,2046,994,8327,718,103
Deferred Taxes & Provisions-128,000407,000686,000-56,000858,000258,00028,0000-1,708,5811,708,23510,8065400000
Cash flow from operations-6,386,000-3,076,0009,552,0006,145,0005,778,000-1,008,000-6,858,0003,511,00055,983,356-46,011,219731,0359,599,1243,109,790760,0251,418,793-3,668,310
Investing Activities
capital expenditure000000-1,644,000-1,021,000-2,842,000-2,714,561-967,409-957,080-1,133,035-1,009,667-669,021-1,747,771
Change in Investments-745,000303,000715,0001,108,0001,024,000498,000600,000-4,130,0004,330,0000-500,000-1,350,502-4,808,7992,668,61460,2297,830,458
cash flow from investments745,000-303,000-715,000-1,108,000-1,024,000-498,000-2,244,0003,109,000-7,172,000-2,714,561-467,409393,4223,675,764-3,678,281-729,250-9,578,229
Financing Activities
Bank loans-1,120,000-360,0001,131,000379,000-86,0002,0000225,000-212,989212,989-195,870195,8700000
Group/Directors Accounts00000000000-2,630,123-3,200,1562,659,723-359,3183,529,874
Other Short Term Loans 000-1,000,000500,000-500,000-13,000846,000167,0000000000
Long term loans2,831,000-1,257,000-2,042,0006,790,000-404,000238,000-149,000-1,148,000608,931-212,093-143,617-942,425-47,523-165,647365,3743,355,000
Hire Purchase and Lease Commitments0000000000000000
other long term liabilities1,326,0000-80,000000-387,000-36,000-497,000-800,0001,800,00000-227,333227,3330
share issue-70,0004,162,0001,323,000-1,240,000-1,422,000-144,00028,000-3,080,000-52,858,62152,606,749-644,000-802,775-5,977,767804,861-3,128,65211,338,341
interest290,000-200,000-251,000-207,000-209,000-276,000-253,000117,000559,000683,051603,764511,118454,344968,24537,621-217,863
cash flow from financing3,257,0002,345,00081,0004,722,000-1,621,000-680,000-774,000-3,076,000-52,233,67952,490,6961,420,277-3,668,335-8,771,1024,039,849-2,857,64218,005,352
cash and cash equivalents
cash-4,810,000-7,164,0004,562,0009,325,0002,919,000-3,575,000-9,240,00034,0003,751,3483,966,826-1,075,3389,136,173-815,4641,432,8782,575,4303,708,147
overdraft0000000-2,207,0001,757,172-54,182504,010-18,98318,789-344,451-69,335413,980
change in cash-4,810,000-7,164,0004,562,0009,325,0002,919,000-3,575,000-9,240,0002,241,0001,994,1764,021,008-1,579,3489,155,156-834,2531,777,3292,644,7653,294,167

the growth company limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the growth company limited. Get real-time insights into the growth company limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

The Growth Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the growth company limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mega companies, companies in M 1 area or any other competitors across 12 key performance metrics.

the growth company limited Ownership

THE GROWTH COMPANY LIMITED group structure

The Growth Company Limited has 52 subsidiary companies.

Ultimate parent company

THE GROWTH COMPANY LIMITED

02443911

52 subsidiaries

THE GROWTH COMPANY LIMITED Shareholders

--

the growth company limited directors

The Growth Company Limited currently has 12 directors. The longest serving directors include Mr Mark Hughes (Sep 2013) and Mr Michael Blackburn (Sep 2013).

officercountryagestartendrole
Mr Mark Hughes58 years Sep 2013- Director
Mr Michael BlackburnUnited Kingdom65 years Sep 2013- Director
Mrs Jane Boardman49 years Jun 2016- Director
Mr Paul SimpsonUnited Kingdom62 years Mar 2020- Director
Ms Nazia Rehman46 years Jun 2022- Director
Ms Beverley CraigUnited Kingdom40 years Jun 2022- Director
Councillor Gerald CooneyEngland66 years Jan 2023- Director
Mrs Elizabeth PatelEngland48 years Jun 2023- Director
Mr Christopher GrayEngland51 years Sep 2023- Director
Ms Elise Wilson46 years Sep 2023- Director

P&L

March 2024

turnover

104.9m

-10%

operating profit

-1.3m

-211%

gross margin

38.6%

-5.17%

turnover

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

Balance Sheet

March 2024

net assets

21.6m

-0.1%

total assets

57.6m

-0.1%

cash

14.7m

-0.25%

net assets

Total assets minus all liabilities

the growth company limited company details

company number

02443911

Type

Private Ltd By Guarantee w/o Share Cap

industry

96090 - Other personal service activities n.e.c.

incorporation date

November 1989

age

36

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

economic solutions limited (July 2017)

manchester enterprises limited (April 2006)

See more

accountant

-

auditor

RSM UK AUDIT LLP

address

lee house, 90,great bridgewater street, manchester, M1 5JW

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

the growth company 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 7 charges/mortgages relating to the growth company limited. Currently there are 2 open charges and 5 have been satisfied in the past.

the growth company 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 THE GROWTH COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.

the growth company limited Companies House Filings - See Documents

datedescriptionview/download