grimsby & cleethorpes area doorstepEstimated Valuation
£865.5k
Pomanda estimates the enterprise value of GRIMSBY & CLEETHORPES AREA DOORSTEP at £865.5k based on a Turnover of £1m and 0.85x industry multiple (adjusted for size and gross margin).
grimsby & cleethorpes area doorstepEstimated Valuation
£426k
Pomanda estimates the enterprise value of GRIMSBY & CLEETHORPES AREA DOORSTEP at £426k based on an EBITDA of £80.9k and a 5.26x industry multiple (adjusted for size and gross margin).
grimsby & cleethorpes area doorstepEstimated Valuation
£11.1m
Pomanda estimates the enterprise value of GRIMSBY & CLEETHORPES AREA DOORSTEP at £11.1m based on Net Assets of £5.1m and 2.16x industry multiple (adjusted for liquidity).
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Grimsby & Cleethorpes Area DoorstepOverview
Grimsby & Cleethorpes Area Doorstep is a live company located in north east lincolnshire, DN32 9EE with a Companies House number of 02494315. It operates in the other accommodation sector, SIC Code 55900. Founded in April 1990, it's largest shareholder is
unknown.
Grimsby & Cleethorpes Area Doorstep is a mature,
small sized company, Pomanda has estimated its turnover at
£1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Grimsby & Cleethorpes Area Doorstep a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
4 Regular
1 Weak
Size
annual sales of £1m, make it larger than the average company (£782.5k)
£1m - Grimsby & Cleethorpes Area Doorstep
£782.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.6%)
-3% - Grimsby & Cleethorpes Area Doorstep
6.6% - Industry AVG
Production
with a gross margin of 60.9%, this company has a comparable cost of product (60.9%)
60.9% - Grimsby & Cleethorpes Area Doorstep
60.9% - Industry AVG
Profitability
an operating margin of 5.8% make it more profitable than the average company (4.7%)
5.8% - Grimsby & Cleethorpes Area Doorstep
4.7% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (19)
18 - Grimsby & Cleethorpes Area Doorstep
19 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£25.2k)
£26.1k - Grimsby & Cleethorpes Area Doorstep
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.3k, this is more efficient (£46.2k)
£56.3k - Grimsby & Cleethorpes Area Doorstep
£46.2k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (15 days)
10 days - Grimsby & Cleethorpes Area Doorstep
15 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (12 days)
45 days - Grimsby & Cleethorpes Area Doorstep
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grimsby & Cleethorpes Area Doorstep
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 151 weeks, this is average cash available to meet short term requirements (166 weeks)
151 weeks - Grimsby & Cleethorpes Area Doorstep
166 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.9%, this is a lower level of debt than the average (20.4%)
7.9% - Grimsby & Cleethorpes Area Doorstep
20.4% - Industry AVG
GRIMSBY & CLEETHORPES AREA DOORSTEP financials
EXPORT
Grimsby & Cleethorpes Area Doorstep's latest turnover from March 2024 is £1 million and the company has net assets of £5.1 million. According to their latest financial statements, Grimsby & Cleethorpes Area Doorstep has 18 employees and maintains cash reserves of £302.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
1,013,692
1,086,240
890,076
1,121,618
1,128,241
1,062,158
1,011,017
926,635
660,361
954,708
870,308
941,618
634,239
599,455
636,352
Other Income Or Grants
Cost Of Sales
396,399
415,109
348,228
507,022
489,526
443,782
387,267
301,200
336,024
491,843
464,637
497,630
330,696
297,877
308,921
Gross Profit
617,293
671,131
541,848
614,596
638,715
618,376
623,750
625,435
324,337
462,865
405,671
443,988
303,543
301,578
327,431
Admin Expenses
558,845
518,135
616,251
465,229
523,021
507,591
599,845
493,776
213,388
119,113
342,925
267,822
300,875
-1,097,721
379,919
Operating Profit
58,448
152,996
-74,403
149,367
115,694
110,785
23,905
131,659
110,949
343,752
62,746
176,166
2,668
1,399,299
-52,488
Interest Payable
Interest Receivable
Pre-Tax Profit
25,889
102,501
-99,127
100,396
72,209
75,106
16,495
105,964
90,127
272,810
49,242
134,762
2,998
1,008,457
-51,820
Tax
Profit After Tax
25,889
102,501
-99,127
100,396
72,209
75,106
16,495
105,964
90,127
272,810
49,242
134,762
2,998
1,008,457
-51,820
Dividends Paid
Retained Profit
25,889
102,501
-99,127
100,396
72,209
75,106
16,495
105,964
90,127
272,810
49,242
134,762
2,998
1,008,457
-51,820
Employee Costs
469,107
463,553
493,527
519,519
490,945
489,631
453,370
408,137
256,525
256,028
354,673
338,906
325,151
311,685
326,262
Number Of Employees
18
20
23
25
29
25
24
19
11
11
15
15
14
12
12
EBITDA*
80,937
173,994
-53,964
171,098
128,038
124,439
37,826
142,070
117,985
355,099
77,722
189,240
14,916
1,410,485
-24,680
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
5,179,690
5,178,281
5,111,133
5,111,712
4,562,502
4,539,264
4,245,654
4,019,839
3,841,092
3,464,341
3,334,634
3,263,231
3,119,696
3,123,852
2,139,932
Intangible Assets
14,868
18,585
380
2,160
5,220
8,280
11,340
8,320
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,194,558
5,196,866
5,111,133
5,111,712
4,562,502
4,539,644
4,247,814
4,025,059
3,849,372
3,475,681
3,342,954
3,263,231
3,119,696
3,123,852
2,139,932
Stock & work in progress
Trade Debtors
28,241
24,514
45,610
45,980
38,910
35,846
38,020
42,293
33,457
22,371
21,280
21,008
22,069
22,593
24,271
Group Debtors
Misc Debtors
39,763
34,228
37,363
6,593
4,204
6,529
3,483
7,411
4,094
56,646
3,412
119,044
17,122
4,704
3,964
Cash
302,099
302,783
270,857
419,806
361,240
317,761
260,767
276,367
360,226
323,840
307,043
175,011
286,126
267,111
267,374
misc current assets
total current assets
370,103
361,525
353,830
472,379
404,354
360,136
302,270
326,071
397,777
402,857
331,735
315,063
325,317
294,408
295,609
total assets
5,564,661
5,558,391
5,464,963
5,584,091
4,966,856
4,899,780
4,550,084
4,351,130
4,247,149
3,878,538
3,674,689
3,578,294
3,445,013
3,418,260
2,435,541
Bank overdraft
19,392
20,103
Bank loan
13,398
16,125
39,862
11,962
5,698
Trade Creditors
48,947
62,958
44,451
46,683
31,119
19,491
38,797
11,983
17,572
12,839
28,795
16,563
9,567
9,479
12,428
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
41,438
37,485
28,329
27,521
19,855
19,796
24,808
19,431
15,825
44,101
97,106
38,749
47,226
23,559
46,348
total current liabilities
103,783
116,568
112,642
93,596
71,077
51,249
69,303
31,414
33,397
56,940
125,901
55,312
56,793
33,038
58,776
loans
335,662
342,496
355,495
394,542
412,253
437,214
144,570
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
335,662
342,496
355,495
394,542
412,253
437,214
144,570
total liabilities
439,445
459,064
468,137
488,138
483,330
488,463
213,873
31,414
33,397
56,940
125,901
55,312
56,793
33,038
58,776
net assets
5,125,216
5,099,327
4,996,826
5,095,953
4,483,526
4,411,317
4,336,211
4,319,716
4,213,752
3,821,598
3,548,788
3,522,982
3,388,220
3,385,222
2,376,765
total shareholders funds
5,125,216
5,099,327
4,996,826
5,095,953
4,483,526
4,411,317
4,336,211
4,319,716
4,213,752
3,821,598
3,548,788
3,522,982
3,388,220
3,385,222
2,376,765
Mar 2024
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
58,448
152,996
-74,403
149,367
115,694
110,785
23,905
131,659
110,949
343,752
62,746
176,166
2,668
1,399,299
-52,488
Depreciation
22,489
20,998
20,439
21,731
12,344
11,874
10,861
7,351
7,036
8,667
13,696
13,074
12,248
11,186
27,808
Amortisation
1,780
3,060
3,060
2,680
1,280
Tax
Stock
Debtors
9,262
-24,231
30,400
9,459
739
872
-8,201
12,153
-41,466
54,325
-115,360
100,861
11,894
-938
28,235
Creditors
-14,011
18,507
-2,232
15,564
11,628
-19,306
26,814
-5,589
4,733
-15,956
12,232
6,996
88
-2,949
12,428
Accruals and Deferred Income
3,953
9,156
808
7,666
59
-5,012
5,377
3,606
-28,276
-53,005
58,357
-8,477
23,667
-22,789
46,348
Deferred Taxes & Provisions
Cash flow from operations
61,617
225,888
-85,788
184,869
138,986
99,249
78,218
127,934
135,908
231,813
263,671
86,898
26,777
1,385,685
5,861
Investing Activities
capital expenditure
-35,582
-305,484
-236,676
-186,098
-46,872
-94,699
-156,609
-8,092
-995,106
-2,167,740
Change in Investments
cash flow from investments
-35,582
-305,484
-236,676
-186,098
-46,872
-94,699
-156,609
-8,092
-995,106
-2,167,740
Financing Activities
Bank loans
-2,727
-23,737
39,862
-11,962
6,264
5,698
Group/Directors Accounts
Other Short Term Loans
Long term loans
-6,834
-12,999
-39,047
-17,711
-24,961
292,644
144,570
Hire Purchase and Lease Commitments
other long term liabilities
share issue
512,031
302,027
-23,436
2,428,585
interest
cash flow from financing
-9,561
-36,736
815
494,320
-36,923
298,908
150,268
302,027
-23,436
2,428,585
cash and cash equivalents
cash
-684
31,926
-148,949
58,566
43,479
56,994
-15,600
-83,859
36,386
16,797
132,032
-111,115
19,015
-263
267,374
overdraft
-19,392
-711
20,103
change in cash
-684
31,926
-129,557
59,277
23,376
56,994
-15,600
-83,859
36,386
16,797
132,032
-111,115
19,015
-263
267,374
grimsby & cleethorpes area doorstep 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 grimsby & cleethorpes area doorstep. Get real-time insights into grimsby & cleethorpes area doorstep's credit score, group structure and payment trends.
Grimsby & Cleethorpes Area Doorstep Competitor Analysis
Perform a competitor analysis for grimsby & cleethorpes area doorstep by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in DN32 area or any other competitors across 12 key performance metrics.
grimsby & cleethorpes area doorstep Ownership
GRIMSBY & CLEETHORPES AREA DOORSTEP group structure
Grimsby & Cleethorpes Area Doorstep has no subsidiary companies.
Ultimate parent company
GRIMSBY & CLEETHORPES AREA DOORSTEP
02494315
GRIMSBY & CLEETHORPES AREA DOORSTEP Shareholders
The sole shareholder of Grimsby & Cleethorpes Area Doorstep is -.
-
-
grimsby & cleethorpes area doorstep directors
Grimsby & Cleethorpes Area Doorstep currently has 6 directors.
The longest serving directors include
Mr Roger Beard (Apr 2012) and
Mr Howard Field (Dec 2018).
grimsby & cleethorpes area doorstep company details
company number
02494315
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
55900 - Other accommodation
88990 - Other social work activities without accommodation n.e.c.
incorporation date
April 1990
age
35
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
SMETHURST & CO LLP
address
115 pasture street, grimsby, north east lincolnshire, DN32 9EE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
WILKIN CHAPMAN LLP
grimsby & cleethorpes area doorstep 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 14 charges/mortgages relating to grimsby & cleethorpes area doorstep. Currently there are 11 open charges and 3 have been satisfied in the past.
grimsby & cleethorpes area doorstep 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 GRIMSBY & CLEETHORPES AREA DOORSTEP. This can take several minutes, an email will notify you when this has completed.
grimsby & cleethorpes area doorstepCompanies House Filings - See Documents
