golden charter limited
golden charter limited Company Information
Company Number
02511598
Next Accounts
Dec 2025
Shareholders
saifcharter ltd
Group Structure
View All
Industry
Funeral and related activities
Registered Address
one fleet place, london, EC4M 7WS
Website
www.goldencharter.co.ukgolden charter limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN CHARTER LIMITED at £19.1m based on a Turnover of £19.4m and 0.98x industry multiple (adjusted for size and gross margin).
golden charter limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN CHARTER LIMITED at £0 based on an EBITDA of £-815.4k and a 6.6x industry multiple (adjusted for size and gross margin).
golden charter limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN CHARTER LIMITED at £42.2m based on Net Assets of £15m and 2.81x industry multiple (adjusted for liquidity).
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Golden Charter Limited Overview
Golden Charter Limited is a live company located in london, EC4M 7WS with a Companies House number of 02511598. It operates in the funeral and related activities sector, SIC Code 96030. Founded in June 1990, it's largest shareholder is saifcharter ltd with a 100% stake. Golden Charter Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.4m with declining growth in recent years.
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Golden Charter Limited Health Check
Pomanda's financial health check has awarded Golden Charter Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £19.4m, make it larger than the average company (£1.8m)
£19.4m - Golden Charter Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (4.1%)
-9% - Golden Charter Limited
4.1% - Industry AVG
Production
with a gross margin of 82.8%, this company has a lower cost of product (54.5%)
82.8% - Golden Charter Limited
54.5% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (9.9%)
-5% - Golden Charter Limited
9.9% - Industry AVG
Employees
with 198 employees, this is above the industry average (15)
198 - Golden Charter Limited
15 - Industry AVG
Pay Structure
on an average salary of £56.9k, the company has a higher pay structure (£32k)
£56.9k - Golden Charter Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £98k, this is equally as efficient (£108k)
£98k - Golden Charter Limited
£108k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Golden Charter Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (30 days)
25 days - Golden Charter Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Golden Charter Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 208 weeks, this is more cash available to meet short term requirements (21 weeks)
208 weeks - Golden Charter Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.7%, this is a higher level of debt than the average (46.1%)
59.7% - Golden Charter Limited
46.1% - Industry AVG
GOLDEN CHARTER LIMITED financials
Golden Charter Limited's latest turnover from March 2024 is £19.4 million and the company has net assets of £15 million. According to their latest financial statements, Golden Charter Limited has 198 employees and maintains cash reserves of £18.5 million 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 | 19,395,359 | 19,461,707 | 25,006,146 | 25,744,175 | 32,406,459 | 34,161,375 | 36,745,406 | 36,607,612 | 46,208,127 | 37,810,011 | 30,225,444 | 19,528,671 | 11,303,720 | 9,003,416 | 5,647,709 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,341,865 | 3,565,572 | 5,389,347 | 7,325,130 | 10,485,290 | 12,179,635 | 14,597,496 | 15,416,034 | 21,749,566 | 16,110,238 | 12,157,517 | 10,502,116 | 6,200,563 | 4,720,416 | 3,769,142 |
| Gross Profit | 16,053,494 | 15,896,135 | 19,616,799 | 18,419,045 | 21,921,169 | 21,981,740 | 22,147,910 | 21,191,578 | 24,458,561 | 21,699,773 | 18,067,927 | 9,026,555 | 5,103,157 | 4,283,000 | 1,878,567 |
| Admin Expenses | 17,019,516 | 16,365,028 | 18,484,412 | 15,491,936 | 20,271,249 | 18,215,187 | 19,511,482 | 20,246,790 | 21,645,440 | 20,617,864 | 17,068,830 | 9,157,176 | 5,097,371 | 4,253,421 | 1,903,695 |
| Operating Profit | -966,022 | -468,893 | 1,132,387 | 2,927,109 | 1,649,920 | 3,766,553 | 2,636,428 | 944,788 | 2,813,121 | 1,081,909 | 999,097 | -130,621 | 5,786 | 29,579 | -25,128 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,334 | 262 | 234 | 611 | 75 | 85,733 | 90,747 | 78,121 |
| Interest Receivable | 844,475 | 206,862 | 655 | 2,815 | 87,416 | 40,000 | 18,004 | 5,878 | 29,622 | 20,791 | 5,856 | 5,042 | 3,890 | 14,498 | 4,863 |
| Pre-Tax Profit | -121,547 | -262,031 | 1,133,042 | 2,929,924 | 1,824,022 | 3,806,553 | 2,654,432 | 948,332 | 2,842,481 | 1,102,466 | 1,004,342 | 65,376 | -76,057 | -46,670 | -98,386 |
| Tax | 12,102 | 8,982 | -171,766 | -524,460 | -578,005 | -364,997 | -430,509 | -183,520 | -588,377 | -260,611 | -230,446 | 0 | 0 | 0 | -4,773 |
| Profit After Tax | -109,445 | -253,049 | 961,276 | 2,405,464 | 1,246,017 | 3,441,556 | 2,223,923 | 764,812 | 2,254,104 | 841,855 | 773,896 | 65,376 | -76,057 | -46,670 | -103,159 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 700,000 | 700,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -109,445 | -253,049 | 961,276 | 2,405,464 | 1,246,017 | 3,441,556 | 2,223,923 | 564,812 | 1,554,104 | 141,855 | 773,896 | 65,376 | -76,057 | -46,670 | -103,159 |
| Employee Costs | 11,269,419 | 10,717,991 | 11,685,972 | 10,806,358 | 11,419,845 | 11,228,390 | 12,436,250 | 13,603,267 | 15,104,117 | 14,674,047 | 12,044,858 | 6,174,708 | 3,251,237 | 2,608,631 | 2,016,887 |
| Number Of Employees | 198 | 198 | 212 | 211 | 218 | 270 | 282 | 350 | 407 | 384 | 355 | 199 | 112 | 76 | 59 |
| EBITDA* | -815,407 | -225,071 | 1,398,960 | 3,263,626 | 1,955,051 | 4,049,245 | 2,847,707 | 1,210,019 | 2,852,926 | 1,367,777 | 1,238,578 | -40,868 | 57,932 | 56,666 | -8,094 |
* 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 | 108,329 | 212,005 | 226,510 | 277,697 | 261,554 | 215,000 | 0 | 0 | 734 | 40,539 | 517,443 | 552,027 | 127,392 | 110,333 | 34,647 |
| Intangible Assets | 0 | 38,776 | 164,945 | 307,810 | 295,124 | 377,530 | 543,542 | 378,619 | 398,408 | 707,389 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 1,000 | 2,001 | 2,001 | 2,001 | 1,001 | 84,479 | 84,479 | 84,479 | 84,479 | 84,479 | 84,479 | 84,479 |
| Debtors (Due After 1 year) | 16,171,797 | 10,428,751 | 7,406,223 | 6,115,114 | 4,045,932 | 3,974,183 | 2,861,730 | 1,511,980 | 1,386,694 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,280,126 | 10,679,532 | 7,797,678 | 6,701,621 | 4,604,611 | 4,568,714 | 3,407,273 | 1,891,600 | 1,870,315 | 832,407 | 601,922 | 636,506 | 211,871 | 194,812 | 119,126 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,114 | 60,815 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 714,919 | 609,373 | 2,860,800 | 2,648,552 | 3,278,599 | 3,321,408 | 4,840,034 | 4,472,586 | 5,029,173 | 8,534,549 | 6,180,863 | 2,958,115 | 3,224,786 | 2,431,657 | 2,715,561 |
| Misc Debtors | 1,779,550 | 1,744,063 | 1,305,730 | 1,753,270 | 2,203,009 | 5,659,308 | 4,290,450 | 3,238,560 | 8,293,023 | 3,991,237 | 4,881,407 | 3,767,977 | 1,255,585 | 1,002,980 | 268,027 |
| Cash | 18,500,143 | 17,481,155 | 16,072,165 | 13,702,908 | 13,130,139 | 7,524,331 | 6,384,323 | 4,807,522 | 2,763,086 | 1,227,958 | 1,565,516 | 226,905 | 395 | 542,962 | 398,035 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,994,612 | 19,834,591 | 20,238,695 | 18,104,730 | 18,611,747 | 16,505,047 | 15,514,807 | 12,518,668 | 16,085,282 | 13,753,744 | 12,627,786 | 6,952,997 | 4,480,766 | 4,014,713 | 3,442,438 |
| total assets | 37,274,738 | 30,514,123 | 28,036,373 | 24,806,351 | 23,216,358 | 21,073,761 | 18,922,080 | 14,410,268 | 17,955,597 | 14,586,151 | 13,229,708 | 7,589,503 | 4,692,637 | 4,209,525 | 3,561,564 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,202 | 133,144 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 235,633 | 275,088 | 139,171 | 50,396 | 417,248 | 471,994 | 465,321 | 646,243 | 709,724 | 1,255,112 | 1,180,387 | 1,270,389 | 298,282 | 641,835 | 389,764 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73,401 | 73,401 | 73,401 | 75,411 | 78,217 | 74,411 | 74,411 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 4,367,534 | 3,498,335 | 4,512,564 | 2,980,333 | 5,098,362 | 9,812,424 | 11,108,972 | 8,640,161 | 12,613,420 | 10,252,690 | 9,075,265 | 4,094,303 | 2,159,172 | 1,393,400 | 950,840 |
| total current liabilities | 4,603,167 | 3,773,423 | 4,651,735 | 3,030,729 | 5,515,610 | 10,284,418 | 11,574,293 | 9,286,404 | 13,396,545 | 11,581,203 | 10,329,053 | 5,500,305 | 2,668,815 | 2,109,646 | 1,415,015 |
| loans | 9,013,271 | 2,719,614 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 8,618,694 | 8,872,035 | 7,982,538 | 7,334,798 | 5,665,388 | 0 | 0 | 0 | 0 | 0 | 37,562 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,631,965 | 11,591,649 | 7,982,538 | 7,334,798 | 5,665,388 | 0 | 0 | 0 | 0 | 0 | 37,562 | 0 | 0 | 0 | 0 |
| total liabilities | 22,235,132 | 15,365,072 | 12,634,273 | 10,365,527 | 11,180,998 | 10,284,418 | 11,574,293 | 9,286,404 | 13,396,545 | 11,581,203 | 10,366,615 | 5,500,305 | 2,668,815 | 2,109,646 | 1,415,015 |
| net assets | 15,039,606 | 15,149,051 | 15,402,100 | 14,440,824 | 12,035,360 | 10,789,343 | 7,347,787 | 5,123,864 | 4,559,052 | 3,004,948 | 2,863,093 | 2,089,198 | 2,023,822 | 2,099,879 | 2,146,549 |
| total shareholders funds | 15,039,606 | 15,149,051 | 15,402,100 | 14,440,824 | 12,035,360 | 10,789,343 | 7,347,787 | 5,123,864 | 4,559,052 | 3,004,948 | 2,863,093 | 2,089,198 | 2,023,822 | 2,099,879 | 2,146,549 |
| 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 | -966,022 | -468,893 | 1,132,387 | 2,927,109 | 1,649,920 | 3,766,553 | 2,636,428 | 944,788 | 2,813,121 | 1,081,909 | 999,097 | -130,621 | 5,786 | 29,579 | -25,128 |
| Depreciation | 111,839 | 117,653 | 123,708 | 98,967 | 50,499 | 35,000 | 0 | 734 | 39,805 | 285,868 | 239,481 | 89,753 | 52,146 | 27,087 | 17,034 |
| Amortisation | 38,776 | 126,169 | 142,865 | 237,550 | 254,632 | 247,692 | 211,279 | 264,497 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 12,102 | 8,982 | -171,766 | -524,460 | -578,005 | -364,997 | -430,509 | -183,520 | -588,377 | -260,611 | -230,446 | 0 | 0 | 0 | -4,773 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37,114 | -23,701 | 60,815 |
| Debtors | 5,884,079 | 1,209,434 | 1,055,817 | 989,396 | -3,427,359 | 962,685 | 2,769,088 | -5,485,764 | 2,183,104 | 1,463,516 | 4,336,178 | 2,245,721 | 1,045,734 | 451,049 | 2,983,588 |
| Creditors | -39,455 | 135,917 | 88,775 | -366,852 | -54,746 | 6,673 | -180,922 | -63,481 | -545,388 | 74,725 | -90,002 | 972,107 | -343,553 | 252,071 | 389,764 |
| Accruals and Deferred Income | 869,199 | -1,014,229 | 1,532,231 | -2,118,029 | -4,714,062 | -1,296,548 | 2,468,811 | -3,973,259 | 2,360,730 | 1,177,425 | 4,980,962 | 1,935,131 | 765,772 | 442,560 | 950,840 |
| Deferred Taxes & Provisions | -253,341 | 889,497 | 647,740 | 1,669,410 | 5,665,388 | 0 | 0 | 0 | 0 | -37,562 | 37,562 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,110,981 | -1,414,338 | 2,440,123 | 934,299 | 5,700,985 | 1,431,688 | 1,935,999 | 2,475,523 | 1,896,787 | 858,238 | 1,600,476 | 620,649 | -528,469 | 323,949 | -1,716,666 |
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -81,680 | -377,202 | -244,708 | 6,060 | 0 | -204,896 | -516,594 | -69,205 | -101,514 | 9,085 |
| Change in Investments | 0 | 0 | -1,000 | -1,001 | 0 | 0 | 1,000 | -83,478 | 0 | 0 | 0 | 0 | 0 | 0 | 84,479 |
| cash flow from investments | 0 | 0 | 1,000 | 1,001 | 0 | -81,680 | -378,202 | -161,230 | 6,060 | 0 | -204,896 | -516,594 | -69,205 | -101,514 | -75,394 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -73,401 | 0 | 0 | -2,010 | -2,806 | 3,806 | 0 | 74,411 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 6,293,657 | 2,719,614 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 844,475 | 206,862 | 655 | 2,815 | 87,416 | 40,000 | 18,004 | 3,544 | 29,360 | 20,557 | 5,245 | 4,967 | -81,843 | -76,249 | -73,258 |
| cash flow from financing | 7,138,132 | 2,926,476 | 655 | 2,815 | 87,416 | 40,000 | 18,004 | -69,857 | 29,360 | 20,557 | 3,234 | 2,161 | -78,037 | -76,249 | 2,250,861 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,018,988 | 1,408,990 | 2,369,257 | 572,769 | 5,605,808 | 1,140,008 | 1,576,801 | 2,044,436 | 1,535,128 | -337,558 | 1,338,611 | 226,510 | -542,567 | 144,927 | 398,035 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -60,202 | -72,942 | 133,144 | 0 | 0 |
| change in cash | 1,018,988 | 1,408,990 | 2,369,257 | 572,769 | 5,605,808 | 1,140,008 | 1,576,801 | 2,044,436 | 1,535,128 | -337,558 | 1,398,813 | 299,452 | -675,711 | 144,927 | 398,035 |
golden charter limited Credit Report and Business Information
Golden Charter Limited Competitor Analysis
Perform a competitor analysis for golden charter limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in EC4M area or any other competitors across 12 key performance metrics.
golden charter limited Ownership
GOLDEN CHARTER LIMITED group structure
Golden Charter Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
GOLDEN CHARTER LIMITED
02511598
3 subsidiaries
golden charter limited directors
Golden Charter Limited currently has 9 directors. The longest serving directors include Mr Robert Speir (Sep 2012) and Mr Mark Huggins (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Speir | England | 54 years | Sep 2012 | - | Director |
| Mr Mark Huggins | England | 60 years | Nov 2018 | - | Director |
| Mr Adam Ginder | England | 40 years | Oct 2019 | - | Director |
| Mr Paul Boyle | England | 65 years | May 2021 | - | Director |
| Mr John Byrne | England | 43 years | Jan 2022 | - | Director |
| Mrs Claire Adams-Zuurbier | England | 54 years | Feb 2022 | - | Director |
| Ms Geraldine Gammell | 69 years | Jul 2023 | - | Director | |
| Mr John Thornton | England | 67 years | Sep 2024 | - | Director |
| Ms Maria Stibbards | England | 49 years | Dec 2024 | - | Director |
P&L
March 2024turnover
19.4m
0%
operating profit
-966k
+106%
gross margin
82.8%
+1.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
15m
-0.01%
total assets
37.3m
+0.22%
cash
18.5m
+0.06%
net assets
Total assets minus all liabilities
Similar Companies
golden charter limited company details
company number
02511598
Type
Private limited with Share Capital
industry
96030 - Funeral and related activities
incorporation date
June 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
golden charter (england) limited (December 1993)
golden heritage (england) limited (August 1990)
accountant
-
auditor
GRANT THORNTON UK LLP
address
one fleet place, london, EC4M 7WS
Bank
BARCLAYS BANK PLC
Legal Advisor
WRIGHT,JOHNSTON & MACKENZIE LLP
golden charter 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 3 charges/mortgages relating to golden charter limited. Currently there are 1 open charges and 2 have been satisfied in the past.
golden charter 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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golden charter limited Companies House Filings - See Documents
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