gratte brothers building services maintenance limited
gratte brothers building services maintenance limited Company Information
Company Number
02729551
Website
www.gratte.comRegistered Address
2 regents wharf, all saints street, london, N1 9RL
Industry
Electrical installation
Telephone
02078376433
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
gratte brothers group ltd 100%
gratte brothers building services maintenance limited Estimated Valuation
Pomanda estimates the enterprise value of GRATTE BROTHERS BUILDING SERVICES MAINTENANCE LIMITED at £974.9k based on a Turnover of £2.6m and 0.38x industry multiple (adjusted for size and gross margin).
gratte brothers building services maintenance limited Estimated Valuation
Pomanda estimates the enterprise value of GRATTE BROTHERS BUILDING SERVICES MAINTENANCE LIMITED at £0 based on an EBITDA of £-327.5k and a 5.02x industry multiple (adjusted for size and gross margin).
gratte brothers building services maintenance limited Estimated Valuation
Pomanda estimates the enterprise value of GRATTE BROTHERS BUILDING SERVICES MAINTENANCE LIMITED at £807.2k based on Net Assets of £251.2k and 3.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gratte Brothers Building Services Maintenance Limited Overview
Gratte Brothers Building Services Maintenance Limited is a live company located in london, N1 9RL with a Companies House number of 02729551. It operates in the electrical installation sector, SIC Code 43210. Founded in July 1992, it's largest shareholder is gratte brothers group ltd with a 100% stake. Gratte Brothers Building Services Maintenance Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.
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Gratte Brothers Building Services Maintenance Limited Health Check
Pomanda's financial health check has awarded Gratte Brothers Building Services Maintenance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.6m, make it larger than the average company (£1m)
- Gratte Brothers Building Services Maintenance Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.3%)
- Gratte Brothers Building Services Maintenance Limited
6.3% - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (25.6%)
- Gratte Brothers Building Services Maintenance Limited
25.6% - Industry AVG
Profitability
an operating margin of -12.8% make it less profitable than the average company (6.5%)
- Gratte Brothers Building Services Maintenance Limited
6.5% - Industry AVG
Employees
with 33 employees, this is above the industry average (12)
33 - Gratte Brothers Building Services Maintenance Limited
12 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Gratte Brothers Building Services Maintenance Limited
£41k - Industry AVG
Efficiency
resulting in sales per employee of £77.8k, this is less efficient (£129.8k)
- Gratte Brothers Building Services Maintenance Limited
£129.8k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (59 days)
- Gratte Brothers Building Services Maintenance Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (43 days)
- Gratte Brothers Building Services Maintenance Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gratte Brothers Building Services Maintenance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (23 weeks)
12 weeks - Gratte Brothers Building Services Maintenance Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.5%, this is a higher level of debt than the average (64.1%)
71.5% - Gratte Brothers Building Services Maintenance Limited
64.1% - Industry AVG
GRATTE BROTHERS BUILDING SERVICES MAINTENANCE LIMITED financials
Gratte Brothers Building Services Maintenance Limited's latest turnover from March 2023 is estimated at £2.6 million and the company has net assets of £251.2 thousand. According to their latest financial statements, Gratte Brothers Building Services Maintenance Limited has 33 employees and maintains cash reserves of £156.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 4,515,861 | 6,245,984 | 10,201,700 | 17,151,684 | 24,111,087 | 19,337,231 | 16,888,172 | 15,739,616 | ||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 72,648 | 9,597 | 433 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 72,648 | 9,597 | 433 | -274,435 | 79,575 | 106,715 | 175,816 | 137,972 | ||||||
| Tax | 0 | 0 | 0 | 0 | 0 | -34,518 | -58,694 | -47,209 | ||||||
| Profit After Tax | 72,648 | 9,597 | 433 | -274,435 | 79,575 | 72,197 | 117,122 | 90,763 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 2,000,000 | 0 | 0 | 0 | ||||||
| Retained Profit | 72,648 | 9,597 | 433 | -274,435 | -1,920,425 | 72,197 | 117,122 | 90,763 | ||||||
| Employee Costs | 1,392,593 | 2,188,890 | 3,269,034 | 5,264,305 | 5,202,374 | 5,202,217 | 4,417,810 | 4,706,179 | ||||||
| Number Of Employees | 33 | 25 | 23 | 33 | 36 | 30 | 24 | 40 | 60 | 97 | 97 | 102 | 87 | 96 |
| EBITDA* | 72,648 | 9,597 | 433 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 62,171 | 75,706 | 6,183 | 19,339 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,171 | 75,706 | 6,183 | 19,339 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,489 | 325,941 | 512,410 | 354,274 | 535,830 | 556,345 |
| Trade Debtors | 440,851 | 396,884 | 264,767 | 498,317 | 1,676,974 | 1,850,798 | 806,023 | 1,594,265 | 2,730,227 | 3,145,605 | 6,779,916 | 9,382,608 | 2,113,594 | 2,621,452 |
| Group Debtors | 0 | 137,911 | 521,183 | 516,816 | 0 | 0 | 109,024 | 0 | 0 | 809,417 | 2,196,442 | 1,753,624 | 2,927,239 | 2,635,535 |
| Misc Debtors | 283,805 | 173,111 | 40,487 | 103,391 | 234,069 | 0 | 0 | 0 | 0 | 686 | 0 | 10,847 | 208,816 | 30,499 |
| Cash | 156,366 | 141,666 | 166,436 | 79,263 | 85,217 | 183,095 | 130,301 | 84,530 | 125,076 | 31,904 | 242,097 | 138,258 | 221,540 | 193,160 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 881,022 | 849,572 | 992,873 | 1,197,787 | 1,996,260 | 2,033,893 | 1,045,348 | 1,678,795 | 2,860,792 | 4,313,553 | 9,730,865 | 11,639,611 | 6,007,019 | 6,036,991 |
| total assets | 881,022 | 849,572 | 992,873 | 1,197,787 | 1,996,260 | 2,033,893 | 1,045,348 | 1,678,795 | 2,860,792 | 4,313,553 | 9,793,036 | 11,715,317 | 6,013,202 | 6,056,330 |
| Bank overdraft | 0 | 0 | 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 | 180,318 | 245,342 | 176,045 | 282,606 | 531,952 | 539,658 | 297,523 | 492,836 | 1,247,331 | 2,725,012 | 3,459,736 | 3,416,721 | 2,806,754 | 2,497,642 |
| Group/Directors Accounts | 420,878 | 0 | 0 | 0 | 475,828 | 711,689 | 0 | 544,721 | 834,413 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 28,612 | 31,871 | 66,882 | 44,634 | 140,373 | 45,216 | 76,423 | 42,484 | 189,891 | 999,817 | 5,470,141 | 5,515,012 | 495,061 | 964,423 |
| total current liabilities | 629,808 | 277,213 | 242,927 | 327,240 | 1,148,153 | 1,296,563 | 373,946 | 1,080,041 | 2,271,635 | 3,724,829 | 8,929,877 | 8,931,733 | 3,301,815 | 3,462,065 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 629,808 | 277,213 | 242,927 | 327,240 | 1,148,153 | 1,296,563 | 373,946 | 1,080,041 | 2,271,635 | 3,724,829 | 8,929,877 | 8,931,733 | 3,301,815 | 3,462,065 |
| net assets | 251,214 | 572,359 | 749,946 | 870,547 | 848,107 | 737,330 | 671,402 | 598,754 | 589,157 | 588,724 | 863,159 | 2,783,584 | 2,711,387 | 2,594,265 |
| total shareholders funds | 251,214 | 572,359 | 749,946 | 870,547 | 848,107 | 737,330 | 671,402 | 598,754 | 589,157 | 588,724 | 863,159 | 2,783,584 | 2,711,387 | 2,594,265 |
| 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 | 72,648 | 9,597 | 433 | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | -34,518 | -58,694 | -47,209 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,489 | -320,452 | -186,469 | 158,136 | -181,556 | -20,515 | 556,345 |
| Debtors | 16,750 | -118,531 | -292,087 | -792,519 | 60,245 | 935,751 | -679,218 | -1,135,962 | -1,225,481 | -5,082,821 | -2,184,256 | 5,966,953 | -50,993 | 5,306,825 |
| Creditors | -65,024 | 69,297 | -106,561 | -249,346 | -7,706 | 242,135 | -195,313 | -754,495 | -1,477,681 | -734,724 | 43,015 | 609,967 | 309,112 | 2,497,642 |
| Accruals and Deferred Income | -3,259 | -35,011 | 22,248 | -95,739 | 95,157 | -31,207 | 33,939 | -147,407 | -809,926 | -4,470,324 | -44,871 | 5,019,951 | -469,362 | 964,423 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 590,492 | 249,146 | -741,241 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 420,878 | 0 | 0 | -475,828 | -235,861 | 711,689 | -544,721 | -289,692 | 834,413 | 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 | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | -544,721 | -289,692 | 834,413 | 0 | 0 | 0 | 0 | 2,503,502 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 14,700 | -24,770 | 87,173 | -5,954 | -97,878 | 52,794 | 45,771 | -40,546 | 93,172 | -210,193 | 103,839 | -83,282 | 28,380 | 193,160 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 14,700 | -24,770 | 87,173 | -5,954 | -97,878 | 52,794 | 45,771 | -40,546 | 93,172 | -210,193 | 103,839 | -83,282 | 28,380 | 193,160 |
gratte brothers building services maintenance limited Credit Report and Business Information
Gratte Brothers Building Services Maintenance Limited Competitor Analysis
Perform a competitor analysis for gratte brothers building services maintenance limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gratte brothers building services maintenance limited Ownership
GRATTE BROTHERS BUILDING SERVICES MAINTENANCE LIMITED group structure
Gratte Brothers Building Services Maintenance Limited has no subsidiary companies.
Ultimate parent company
1 parent
GRATTE BROTHERS BUILDING SERVICES MAINTENANCE LIMITED
02729551
gratte brothers building services maintenance limited directors
Gratte Brothers Building Services Maintenance Limited currently has 4 directors. The longest serving directors include Mr Iain Thomson (Jan 1995) and Mr Stephen Gratte (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iain Thomson | England | 65 years | Jan 1995 | - | Director |
| Mr Stephen Gratte | United Kingdom | 54 years | Jan 2014 | - | Director |
| Ms Bronwyn Miller | 44 years | Apr 2020 | - | Director | |
| Mr John Whiting | 47 years | Jan 2022 | - | Director |
P&L
March 2023turnover
2.6m
+17%
operating profit
-327.5k
0%
gross margin
25.6%
+1.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
251.2k
-0.56%
total assets
881k
+0.04%
cash
156.4k
+0.1%
net assets
Total assets minus all liabilities
gratte brothers building services maintenance limited company details
company number
02729551
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
July 1992
age
32
accounts
Small Company
ultimate parent company
previous names
gratte brothers specialist services limited (April 2023)
wealdplan limited (September 1992)
incorporated
UK
address
2 regents wharf, all saints street, london, N1 9RL
last accounts submitted
March 2023
gratte brothers building services maintenance 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 4 charges/mortgages relating to gratte brothers building services maintenance limited. Currently there are 2 open charges and 2 have been satisfied in the past.
gratte brothers building services maintenance limited Companies House Filings - See Documents
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