grovepalm limited
grovepalm limited Company Information
Group Structure
View All
Industry
Activities of religious organisations
Registered Address
first floor, winston house, 349 regents park road, london, N3 1DH
Website
-grovepalm limited Estimated Valuation
Pomanda estimates the enterprise value of GROVEPALM LIMITED at £195.4k based on a Turnover of £313.6k and 0.62x industry multiple (adjusted for size and gross margin).
grovepalm limited Estimated Valuation
Pomanda estimates the enterprise value of GROVEPALM LIMITED at £86k based on an EBITDA of £27.9k and a 3.08x industry multiple (adjusted for size and gross margin).
grovepalm limited Estimated Valuation
Pomanda estimates the enterprise value of GROVEPALM LIMITED at £868k based on Net Assets of £354.6k and 2.45x industry multiple (adjusted for liquidity).
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Grovepalm Limited Overview
Grovepalm Limited is a live company located in london, N3 1DH with a Companies House number of 02863657. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in October 1993, it's largest shareholder is unknown. Grovepalm Limited is a mature, micro sized company, Pomanda has estimated its turnover at £313.6k with rapid growth in recent years.
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Grovepalm Limited Health Check
Pomanda's financial health check has awarded Grovepalm Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
3 Weak
Size
annual sales of £313.6k, make it in line with the average company (£287.9k)
£313.6k - Grovepalm Limited
£287.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (2.1%)
78% - Grovepalm Limited
2.1% - Industry AVG
Production
with a gross margin of 83.7%, this company has a comparable cost of product (83.7%)
83.7% - Grovepalm Limited
83.7% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (2.8%)
8.9% - Grovepalm Limited
2.8% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
- Grovepalm Limited
6 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)
- Grovepalm Limited
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £52.3k, this is equally as efficient (£60.3k)
- Grovepalm Limited
£60.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Grovepalm Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (25 days)
1 days - Grovepalm Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grovepalm Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (380 weeks)
0 weeks - Grovepalm Limited
380 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.7%, this is a higher level of debt than the average (5.5%)
9.7% - Grovepalm Limited
5.5% - Industry AVG
GROVEPALM LIMITED financials
Grovepalm Limited's latest turnover from October 2023 is £313.6 thousand and the company has net assets of £354.6 thousand. According to their latest financial statements, we estimate that Grovepalm Limited has 6 employees and maintains cash reserves of £37 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 313,570 | 185,610 | 80,300 | 56,000 | 45,012 | 28,000 | 21,547 | 56,024 | 57,504 | 43,215 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 21,791 | 1,438 | -5,749 | -4,695 | -907 | 2,930 | 1,992 | -45,396 | -86,871 | -178,342 | |||||
| Tax | |||||||||||||||
| Profit After Tax | 21,791 | 1,438 | -5,749 | -4,695 | -907 | 2,930 | 1,992 | -45,396 | -86,871 | -178,342 | |||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 21,791 | 1,438 | -5,749 | -4,695 | -907 | 2,930 | 1,992 | -45,396 | -86,871 | -178,342 | |||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 649,355 | 741,582 | 1,254,562 | 551,426 | |||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 392,385 | 312,275 | 326,077 | 306,328 | 342,476 | 342,476 | 342,476 | 340,050 | 384,339 | 471,327 | |||||
| Cash | 37 | 42,059 | 7,448 | 76,707 | 1,037 | 995 | 35 | 86 | 220 | 26,080 | 1,250 | 301,709 | 1,087,437 | ||
| misc current assets | 823,579 | ||||||||||||||
| total current assets | 392,422 | 354,334 | 333,525 | 383,035 | 343,513 | 343,471 | 342,511 | 340,050 | 384,339 | 471,413 | 649,575 | 767,662 | 824,829 | 1,556,271 | 1,638,863 |
| total assets | 392,422 | 354,334 | 333,525 | 383,035 | 343,513 | 343,471 | 342,511 | 340,050 | 384,339 | 471,413 | 649,575 | 767,662 | 824,829 | 1,556,271 | 1,638,863 |
| Bank overdraft | 4 | 97 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 169 | 169 | 338 | 169 | 169 | 1,200 | 6,718 | 59,426 | 471,315 | 469,620 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 37,687 | 21,390 | 1,850 | 45,780 | 1,563 | 783 | 2,753 | 2,280 | 1,080 | 1,380 | |||||
| total current liabilities | 37,856 | 21,559 | 2,188 | 45,949 | 1,732 | 783 | 2,753 | 2,284 | 1,177 | 1,380 | 1,200 | 6,718 | 59,426 | 471,315 | 469,620 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 37,856 | 21,559 | 2,188 | 45,949 | 1,732 | 783 | 2,753 | 2,284 | 1,177 | 1,380 | 1,200 | 6,718 | 59,426 | 471,315 | 469,620 |
| net assets | 354,566 | 332,775 | 331,337 | 337,086 | 341,781 | 342,688 | 339,758 | 337,766 | 383,162 | 470,033 | 648,375 | 760,944 | 765,403 | 1,084,956 | 1,169,243 |
| total shareholders funds | 354,566 | 332,775 | 331,337 | 337,086 | 341,781 | 342,688 | 339,758 | 337,766 | 383,162 | 470,033 | 648,375 | 760,944 | 765,403 | 1,084,956 | 1,169,243 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 80,110 | -13,802 | 19,749 | -36,148 | 2,426 | -44,289 | -86,988 | -178,028 | -92,227 | 741,582 | -1,254,562 | 703,136 | 551,426 | ||
| Creditors | -169 | 169 | 169 | -1,200 | -5,518 | -52,708 | -411,889 | 1,695 | 469,620 | ||||||
| Accruals and Deferred Income | 16,297 | 19,540 | -43,930 | 44,217 | 780 | -1,970 | 473 | 1,200 | -300 | 1,380 | |||||
| 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 | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -42,022 | 34,611 | -69,259 | 75,670 | 42 | 960 | 35 | -86 | -134 | -25,860 | 24,830 | -300,459 | -785,728 | 1,087,437 | |
| overdraft | -4 | -93 | 97 | ||||||||||||
| change in cash | -42,022 | 34,611 | -69,259 | 75,670 | 42 | 960 | 39 | 93 | -183 | -134 | -25,860 | 24,830 | -300,459 | -785,728 | 1,087,437 |
grovepalm limited Credit Report and Business Information
Grovepalm Limited Competitor Analysis
Perform a competitor analysis for grovepalm limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
grovepalm limited Ownership
GROVEPALM LIMITED group structure
Grovepalm Limited has no subsidiary companies.
Ultimate parent company
GROVEPALM LIMITED
02863657
grovepalm limited directors
Grovepalm Limited currently has 2 directors. The longest serving directors include Mr Joseph Lipschitz (Oct 1993) and Ms Freida Lipschitz (Oct 1993).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph Lipschitz | 68 years | Oct 1993 | - | Director | |
| Ms Freida Lipschitz | 66 years | Oct 1993 | - | Director |
P&L
October 2023turnover
313.6k
+69%
operating profit
27.9k
0%
gross margin
83.8%
-10.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
354.6k
+0.07%
total assets
392.4k
+0.11%
cash
37
-1%
net assets
Total assets minus all liabilities
grovepalm limited company details
company number
02863657
Type
Private Ltd By Guarantee w/o Share Cap
industry
94910 - Activities of religious organisations
incorporation date
October 1993
age
32
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
MELINEK FINE LLP
auditor
-
address
first floor, winston house, 349 regents park road, london, N3 1DH
Bank
-
Legal Advisor
-
grovepalm 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 grovepalm limited. Currently there are 0 open charges and 3 have been satisfied in the past.
grovepalm 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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grovepalm limited Companies House Filings - See Documents
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