Grosvenor Carpets Limited

POWER SEARCH PRICING

SOLUTIONS

grosvenor carpets limited Company Information

Live

MatureSmallHealthy

Company Number

02718639

Website

www.grosvenor-carpets.co.uk

Registered Address

201 haverstock hill, london, NW3 4QG

Industry

Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Telephone

01202744111

Next Accounts Due

March 2025

Group Structure

View All

Directors

Alan Pollock30 Years

Joseph Etches24 Years

Shareholders

joseph william etches 50%

alan james stewart pollock 50%

grosvenor carpets limited Estimated Valuation

£665.1k

Pomanda estimates the enterprise value of GROSVENOR CARPETS LIMITED at £665.1k based on a Turnover of £2.1m and 0.32x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Grosvenor Carpets Limited is a live company located in london, NW3 4QG with a Companies House number of 02718639. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in May 1992, it's largest shareholder is joseph william etches with a 50% stake. Grosvenor Carpets Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Grosvenor Carpets Limited a 3.5 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

Health Rating3.5out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £2.1m, make it in line with the average company (£1.9m)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.7%)

EXPORT

Grosvenor Carpets Limited's latest turnover from June 2023 is estimated at £2.1 million and the company has net assets of £106.4 thousand. According to their latest financial statements, Grosvenor Carpets Limited has 10 employees and maintains cash reserves of £63.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	2,054,555	1,597,944	1,527,962	1,547,407	2,240,911	2,545,090	2,178,233	2,369,783	2,900,903	2,902,973	3,790,096	3,126,776	2,864,586	2,719,781
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,160,474	921,727	937,892	945,064	1,408,833	1,613,477	1,393,012	1,505,826	1,760,641	1,815,539	2,363,702	1,935,613	1,773,211	1,700,878
Gross Profit	894,081	676,217	590,069	602,343	832,078	931,613	785,222	863,957	1,140,263	1,087,434	1,426,394	1,191,163	1,091,375	1,018,903
Admin Expenses	984,665	661,913	569,109	653,403	771,789	851,765	747,885	865,864	1,161,155	1,081,624	1,241,135	1,189,478	1,123,204	1,019,885
Operating Profit	-90,584	14,304	20,960	-51,060	60,289	79,848	37,337	-1,907	-20,892	5,810	185,259	1,685	-31,829	-982
Interest Payable	9,772	8,325	7,864	3,965	0	0	0	0	0	0	0	0	0	0
Interest Receivable	6,243	2,277	270	222	552	433	175	79	0	0	0	0	0	0
Pre-Tax Profit	-94,113	8,256	13,365	-54,803	60,841	80,281	37,512	-1,828	-20,892	5,810	185,260	1,686	-31,829	-982
Tax	0	-1,569	-2,539	0	-11,560	-15,253	-7,127	0	0	-1,220	-42,610	-405	0	0
Profit After Tax	-94,113	6,687	10,826	-54,803	49,281	65,028	30,385	-1,828	-20,892	4,590	142,650	1,281	-31,829	-982
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-94,113	6,687	10,826	-54,803	49,281	65,028	30,385	-1,828	-20,892	4,590	142,650	1,281	-31,829	-982
Employee Costs	311,250	237,214	224,646	298,472	247,635	253,707	305,588	473,273	480,292	458,714	740,802	648,152	538,013	493,581
Number Of Employees	10	9	9	12	9	10	12	19	20	19	33	32	27	22
EBITDA*	-72,578	28,920	34,987	-41,454	69,235	88,512	45,122	6,952	-17,066	7,010	188,958	3,979	-27,225	3,622

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	34,183	27,390	39,262	12,698	19,007	26,536	19,099	26,016	14,290	737	1,836	160,548	161,202	165,806
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	34,183	27,390	39,262	12,698	19,007	26,536	19,099	26,016	14,290	737	1,836	160,548	161,202	165,806
Stock & work in progress	19,910	21,775	26,850	26,850	32,421	35,668	65,920	142,920	153,370	159,590	179,500	287,900	289,500	302,500
Trade Debtors	351,543	329,772	307,833	169,175	358,329	358,329	246,965	212,708	260,186	255,884	306,571	211,110	212,174	187,116
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	24,807	33,537	25,922	29,108	22,438	34,986	32,152	28,419	0	0	0	0	0	0
Cash	63,943	185,776	178,481	360,903	82,844	64,370	108,826	31,424	0	0	80	80	80	80
misc current assets	0	0	16,637	16,637	16,637	16,637	16,637	0	0	0	0	0	0	0
total current assets	460,203	570,860	555,723	602,673	512,669	509,990	470,500	415,471	413,556	415,474	486,151	499,090	501,754	489,696
total assets	494,386	598,250	594,985	615,371	531,676	536,526	489,599	441,487	427,846	416,211	487,987	659,638	662,956	655,502
Bank overdraft	26,000	26,000	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	274,646	216,684	235,520	181,072	190,825	243,752	257,442	249,346	324,050	300,401	376,767	568,312	551,219	491,155
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	4,690	7,842	9,870	9,870	9,870	0	0	0	0	0	0
other current liabilities	37,525	79,239	37,825	116,628	95,225	93,277	89,481	73,013	0	0	0	0	0	0
total current liabilities	338,171	321,923	273,345	302,390	293,892	346,899	356,793	332,229	324,050	300,401	376,767	568,312	551,219	491,155
loans	49,834	75,833	127,833	130,000	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	1,124	9,331	16,168	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	8,878	0	0	102,399	124,091	144,872
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	49,834	75,833	127,833	130,000	0	1,124	9,331	16,168	8,878	0	0	102,399	124,091	144,872
total liabilities	388,005	397,756	401,178	432,390	293,892	348,023	366,124	348,397	332,928	300,401	376,767	670,711	675,310	636,027
net assets	106,381	200,494	193,807	182,981	237,784	188,503	123,475	93,090	94,918	115,810	111,220	-11,073	-12,354	19,475
total shareholders funds	106,381	200,494	193,807	182,981	237,784	188,503	123,475	93,090	94,918	115,810	111,220	-11,073	-12,354	19,475

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-90,584	14,304	20,960	-51,060	60,289	79,848	37,337	-1,907	-20,892	5,810	185,259	1,685	-31,829	-982
Depreciation	18,006	14,616	14,027	9,606	8,946	8,664	7,785	8,859	3,826	1,200	3,699	2,294	4,604	4,604
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-1,569	-2,539	0	-11,560	-15,253	-7,127	0	0	-1,220	-42,610	-405	0	0
Stock	-1,865	-5,075	0	-5,571	-3,247	-30,252	-77,000	-10,450	-6,220	-19,910	-108,400	-1,600	-13,000	302,500
Debtors	13,041	29,554	135,472	-182,484	-12,548	114,198	37,990	-19,059	4,302	-50,687	95,461	-1,064	25,058	187,116
Creditors	57,962	-18,836	54,448	-9,753	-52,927	-13,690	8,096	-74,704	23,649	-76,366	-191,545	17,093	60,064	491,155
Accruals and Deferred Income	-41,714	41,414	-78,803	21,403	1,948	3,796	16,468	73,013	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	-67,506	25,450	-127,379	158,251	22,491	-20,581	101,569	34,770	8,501	21	-32,258	23,331	20,781	5,161
Investing Activities
capital expenditure	-24,799	-2,744	-40,591	-3,297	-1,417	-16,101	-868	-20,585	-17,379	-101	155,013	-1,640	0	-170,410
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-24,799	-2,744	-40,591	-3,297	-1,417	-16,101	-868	-20,585	-17,379	-101	155,013	-1,640	0	-170,410
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	-25,999	-52,000	-2,167	130,000	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	-4,690	-3,152	-3,152	-8,207	-6,837	26,038	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-8,878	8,878	0	-102,399	-21,692	-20,781	144,872
share issue	0	0	0	0	0	0	0	0	0	0	-20,357	0	0	20,457
interest	-3,529	-6,048	-7,594	-3,743	552	433	175	79	0	0	0	0	0	0
cash flow from financing	-29,528	-58,048	-14,451	123,105	-2,600	-7,774	-6,662	17,239	8,878	0	-122,756	-21,692	-20,781	165,329
cash and cash equivalents
cash	-121,833	7,295	-182,422	278,059	18,474	-44,456	77,402	31,424	0	-80	0	0	0	80
overdraft	0	26,000	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-121,833	-18,705	-182,422	278,059	18,474	-44,456	77,402	31,424	0	-80	0	0	0	80

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for grosvenor carpets limited. Get real-time insights into grosvenor carpets 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

Perform a competitor analysis for grosvenor carpets limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GROSVENOR CARPETS LIMITED group structure

Grosvenor Carpets Limited has no subsidiary companies.

Ultimate parent company

GROSVENOR CARPETS LIMITED

02718639

GROSVENOR CARPETS LIMITED Shareholders

joseph william etches	50%
alan james stewart pollock	50%

Grosvenor Carpets Limited currently has 2 directors. The longest serving directors include Mr Alan Pollock (Jan 1994) and Mr Joseph Etches (Jan 2000).

officer	country	age	start	end	role
Mr Alan Pollock		58 years	Jan 1994	-	Director
Mr Joseph Etches		53 years	Jan 2000	-	Director

P&L

June 2023

turnover

2.1m

+29%

operating profit

-90.6k

gross margin

43.6%

+2.83%

turnover

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

Balance Sheet

June 2023

net assets

106.4k

-0.47%

total assets

494.4k

-0.17%

cash

63.9k

-0.66%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

gandhi carpets ltd

gilt edge carpets limited

carpet city limited

upminster carpets limited

3.5

the oriental rug merchant limited

company number

02718639

Type

Private limited with Share Capital

industry

47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores

incorporation date

May 1992

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

201 haverstock hill, london, NW3 4QG

last accounts submitted

June 2023

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 2 charges/mortgages relating to grosvenor carpets limited. Currently there are 2 open charges and 0 have been satisfied in the past.

grosvenor carpets limited Company Information

grosvenor carpets limited Estimated Valuation

grosvenor carpets limited Estimated Valuation

grosvenor carpets limited Estimated Valuation

Grosvenor Carpets Limited Overview

Grosvenor Carpets Limited Health Check

GROSVENOR CARPETS LIMITED financials

grosvenor carpets limited Credit Report and Business Information

Grosvenor Carpets Limited Competitor Analysis

grosvenor carpets limited Ownership

grosvenor carpets limited directors

grosvenor carpets limited company details

grosvenor carpets limited Charges & Mortgages

grosvenor carpets limited Companies House Filings - See Documents