g & n garages limited
g & n garages limited Company Information
Company Number
02838504
Next Accounts
Apr 2025
Shareholders
nicholas sandamas
heleni kyriacos georghiou
View AllGroup Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
north london business park,build, office 223a,, london, london, N11 1GN
g & n garages limited Estimated Valuation
Pomanda estimates the enterprise value of G & N GARAGES LIMITED at £434.9k based on a Turnover of £2m and 0.21x industry multiple (adjusted for size and gross margin).
g & n garages limited Estimated Valuation
Pomanda estimates the enterprise value of G & N GARAGES LIMITED at £25.4k based on an EBITDA of £8k and a 3.19x industry multiple (adjusted for size and gross margin).
g & n garages limited Estimated Valuation
Pomanda estimates the enterprise value of G & N GARAGES LIMITED at £4.9m based on Net Assets of £1.7m and 2.84x industry multiple (adjusted for liquidity).
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G & N Garages Limited Overview
G & N Garages Limited is a live company located in london, N11 1GN with a Companies House number of 02838504. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in July 1993, it's largest shareholder is nicholas sandamas with a 70% stake. G & N Garages Limited is a mature, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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G & N Garages Limited Health Check
Pomanda's financial health check has awarded G & N Garages Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £2m, make it larger than the average company (£423.1k)
- G & N Garages Limited
£423.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.9%)
- G & N Garages Limited
6.9% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (35.6%)
- G & N Garages Limited
35.6% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (5.8%)
- G & N Garages Limited
5.8% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - G & N Garages Limited
6 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£27.3k)
- G & N Garages Limited
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £338.9k, this is more efficient (£97.2k)
- G & N Garages Limited
£97.2k - Industry AVG
Debtor Days
it gets paid by customers after 154 days, this is later than average (37 days)
- G & N Garages Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (43 days)
- G & N Garages Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- G & N Garages Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - G & N Garages Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (67.3%)
2.9% - G & N Garages Limited
67.3% - Industry AVG
G & N GARAGES LIMITED financials
G & N Garages Limited's latest turnover from July 2023 is estimated at £2 million and the company has net assets of £1.7 million. According to their latest financial statements, G & N Garages Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 6 | 5 | 5 | 5 | 5 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 909,168 | 913,779 | 916,661 | 947,693 | 952,309 | 956,046 | 951,605 | 1,230,241 | 876,250 | 877,143 | 877,941 | 879,559 | 881,633 | 882,215 | 881,193 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 909,168 | 913,779 | 916,661 | 947,693 | 952,309 | 956,046 | 951,605 | 1,230,241 | 876,250 | 877,143 | 877,941 | 879,559 | 881,633 | 882,215 | 881,193 |
| Stock & work in progress | 14,300 | 10,570 | 8,770 | 5,600 | 6,800 | 9,350 | 8,700 | 4,650 | |||||||
| Trade Debtors | 860,150 | 848,374 | 910,022 | 644,273 | 520,693 | 445,031 | 355,817 | 13,540 | 43,320 | 10,783 | 9,392 | 3,601 | 7,809 | 8,497 | 12,024 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 222,150 | 433,378 | 374,054 | 296,350 | 220,525 | 135,777 | 245,792 | 194,189 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 860,150 | 848,374 | 910,022 | 644,273 | 520,693 | 445,031 | 355,817 | 249,990 | 487,268 | 393,607 | 311,342 | 230,926 | 152,936 | 262,989 | 210,863 |
| total assets | 1,769,318 | 1,762,153 | 1,826,683 | 1,591,966 | 1,473,002 | 1,401,077 | 1,307,422 | 1,480,231 | 1,363,518 | 1,270,750 | 1,189,283 | 1,110,485 | 1,034,569 | 1,145,204 | 1,092,056 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 52,059 | 50,867 | 90,874 | 79,562 | 59,561 | 74,938 | 74,781 | 73,143 | 58,923 | 59,930 | 56,891 | 62,684 | 59,316 | 94,265 | 80,226 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 52,059 | 50,867 | 90,874 | 79,562 | 59,561 | 74,938 | 74,781 | 73,143 | 58,923 | 59,930 | 56,891 | 62,684 | 59,316 | 94,265 | 80,226 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 46,667 | 141,061 | 150,000 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 46,667 | 141,061 | 150,000 | ||||||||||||
| total liabilities | 52,059 | 50,867 | 137,541 | 79,562 | 59,561 | 74,938 | 74,781 | 73,143 | 58,923 | 59,930 | 56,891 | 62,684 | 59,316 | 235,326 | 230,226 |
| net assets | 1,717,259 | 1,711,286 | 1,689,142 | 1,512,404 | 1,413,441 | 1,326,139 | 1,232,641 | 1,407,088 | 1,304,595 | 1,210,820 | 1,132,392 | 1,047,801 | 975,253 | 909,878 | 861,830 |
| total shareholders funds | 1,717,259 | 1,711,286 | 1,689,142 | 1,512,404 | 1,413,441 | 1,326,139 | 1,232,641 | 1,407,088 | 1,304,595 | 1,210,820 | 1,132,392 | 1,047,801 | 975,253 | 909,878 | 861,830 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 286 | 1,448 | 1,818 | 2,513 | 3,439 | 3,878 | 3,226 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -14,300 | 3,730 | 1,800 | 3,170 | -1,200 | -2,550 | 650 | 4,050 | 4,650 | ||||||
| Debtors | 11,776 | -61,648 | 265,749 | 123,580 | 75,662 | 89,214 | 342,277 | -29,780 | 32,537 | 1,391 | 5,791 | -4,208 | -688 | -3,527 | 12,024 |
| Creditors | 1,192 | -40,007 | 11,312 | 20,001 | -15,377 | 157 | 1,638 | 14,220 | -1,007 | 3,039 | -5,793 | 3,368 | -34,949 | 14,039 | 80,226 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -46,667 | 46,667 | -141,061 | -8,939 | 150,000 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -222,150 | -211,228 | 59,324 | 77,704 | 75,825 | 84,748 | -110,015 | 51,603 | 194,189 | ||||||
| overdraft | |||||||||||||||
| change in cash | -222,150 | -211,228 | 59,324 | 77,704 | 75,825 | 84,748 | -110,015 | 51,603 | 194,189 |
g & n garages limited Credit Report and Business Information
G & N Garages Limited Competitor Analysis
Perform a competitor analysis for g & n garages limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N11 area or any other competitors across 12 key performance metrics.
g & n garages limited Ownership
G & N GARAGES LIMITED group structure
G & N Garages Limited has no subsidiary companies.
Ultimate parent company
G & N GARAGES LIMITED
02838504
g & n garages limited directors
G & N Garages Limited currently has 2 directors. The longest serving directors include Mr Nicholas Sandamas (Jul 1993) and Mr George Sandamas (Jul 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Sandamas | United Kingdom | 54 years | Jul 1993 | - | Director |
| Mr George Sandamas | United Kingdom | 60 years | Jul 1993 | - | Director |
P&L
July 2023turnover
2m
+9%
operating profit
8k
0%
gross margin
22.6%
+3.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.7m
0%
total assets
1.8m
0%
cash
0
0%
net assets
Total assets minus all liabilities
g & n garages limited company details
company number
02838504
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
July 1993
age
32
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
north london business park,build, office 223a,, london, london, N11 1GN
Bank
-
Legal Advisor
-
g & n garages 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 2 charges/mortgages relating to g & n garages limited. Currently there are 0 open charges and 2 have been satisfied in the past.
g & n garages 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 G & N GARAGES LIMITED. This can take several minutes, an email will notify you when this has completed.
g & n garages limited Companies House Filings - See Documents
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