graingrade limited
graingrade limited Company Information
Company Number
02900053
Next Accounts
Sep 2025
Shareholders
london & regional group property holdings ltd
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
8th floor, south block, 55 baker street, london, W1U 8EW
Website
http://lrp.co.ukgraingrade limited Estimated Valuation
Pomanda estimates the enterprise value of GRAINGRADE LIMITED at £14.4m based on a Turnover of £3m and 4.83x industry multiple (adjusted for size and gross margin).
graingrade limited Estimated Valuation
Pomanda estimates the enterprise value of GRAINGRADE LIMITED at £0 based on an EBITDA of £-197k and a 8.39x industry multiple (adjusted for size and gross margin).
graingrade limited Estimated Valuation
Pomanda estimates the enterprise value of GRAINGRADE LIMITED at £49.5m based on Net Assets of £27.6m and 1.79x industry multiple (adjusted for liquidity).
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Graingrade Limited Overview
Graingrade Limited is a live company located in london, W1U 8EW with a Companies House number of 02900053. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in February 1994, it's largest shareholder is london & regional group property holdings ltd with a 100% stake. Graingrade Limited is a mature, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.
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Graingrade Limited Health Check
Pomanda's financial health check has awarded Graingrade Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £3m, make it larger than the average company (£1.3m)
£3m - Graingrade Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.4%)
8% - Graingrade Limited
3.4% - Industry AVG
Production
with a gross margin of 72.8%, this company has a comparable cost of product (64.8%)
72.8% - Graingrade Limited
64.8% - Industry AVG
Profitability
an operating margin of -6.6% make it less profitable than the average company (18.4%)
-6.6% - Graingrade Limited
18.4% - Industry AVG
Employees
with 15 employees, this is above the industry average (5)
- Graingrade Limited
5 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Graingrade Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £198.3k, this is equally as efficient (£201.1k)
- Graingrade Limited
£201.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (19 days)
1 days - Graingrade Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (30 days)
15 days - Graingrade Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Graingrade Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (17 weeks)
9 weeks - Graingrade Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.2%, this is a lower level of debt than the average (72%)
58.2% - Graingrade Limited
72% - Industry AVG
GRAINGRADE LIMITED financials
Graingrade Limited's latest turnover from December 2023 is £3 million and the company has net assets of £27.6 million. According to their latest financial statements, we estimate that Graingrade Limited has 15 employees and maintains cash reserves of £239 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,974,000 | 2,163,000 | 1,488,000 | 2,341,000 | 2,862,000 | 3,653,376 | 2,901,610 | 2,690,268 | 1,581,742 | 1,721,165 | 1,651,113 | 1,574,439 | 1,470,692 | 1,547,158 | 219,580 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 808,000 | 425,000 | 325,000 | 520,000 | 535,000 | 688,647 | 403,996 | 245,069 | 336,563 | 211,370 | 132,147 | 188,293 | 168,746 | 150,243 | 14,559 |
| Gross Profit | 2,166,000 | 1,738,000 | 1,163,000 | 1,821,000 | 2,327,000 | 2,964,729 | 2,497,614 | 2,445,199 | 1,245,179 | 1,509,795 | 1,518,966 | 1,386,146 | 1,301,946 | 1,396,915 | 205,021 |
| Admin Expenses | 2,363,000 | -28,000 | 11,531,000 | 2,775,000 | -4,865,000 | -5,205,548 | 1,015,265 | -6,039,848 | -6,753,959 | 73,888 | 62,750 | 103,044 | 92,507 | 150,956 | 117,824 |
| Operating Profit | -197,000 | 1,766,000 | -10,368,000 | -954,000 | 7,192,000 | 8,170,277 | 1,482,349 | 8,485,047 | 7,999,138 | 1,435,907 | 1,456,216 | 1,283,102 | 1,209,439 | 1,245,959 | 87,197 |
| Interest Payable | 2,090,000 | 886,000 | 651,000 | 807,000 | 806,000 | 1,044,230 | 859,934 | 1,079,050 | 1,130,638 | 1,149,469 | 1,155,225 | 1,170,314 | 831,811 | 2,065,182 | 2,040,716 |
| Interest Receivable | 1,000 | 1,000 | 1,000 | 2,000 | 1,093 | 125 | 7,745 | 9,051 | 5,002 | 4,029 | 2,076 | 2 | 10 | ||
| Pre-Tax Profit | -2,286,000 | 881,000 | -11,019,000 | -1,760,000 | 6,388,000 | 7,127,140 | 622,540 | 7,413,742 | 6,877,551 | 291,440 | 305,020 | 114,864 | 377,630 | -819,223 | -1,953,509 |
| Tax | 671,000 | -167,000 | 961,000 | 335,000 | -931,000 | -949,000 | 400,000 | -1,000,000 | -1,295,000 | ||||||
| Profit After Tax | -1,615,000 | 714,000 | -10,058,000 | -1,425,000 | 5,457,000 | 6,178,140 | 1,022,540 | 6,413,742 | 5,582,551 | 291,440 | 305,020 | 114,864 | 377,630 | -819,223 | -1,953,509 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -1,615,000 | 714,000 | -10,058,000 | -1,425,000 | 5,457,000 | 6,178,140 | 1,022,540 | 6,413,742 | 5,582,551 | 291,440 | 305,020 | 114,864 | 377,630 | -819,223 | -1,953,509 |
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | -197,000 | 1,766,000 | -10,368,000 | -954,000 | 7,192,000 | 8,170,277 | 1,482,349 | 8,485,047 | 7,999,138 | 1,435,907 | 1,456,216 | 1,283,102 | 1,209,439 | 1,245,959 | 87,197 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 55,000,000 | 57,000,000 | 57,000,000 | 68,036,000 | 69,800,000 | 64,900,000 | 59,500,000 | 60,200,000 | 54,200,000 | 47,100,000 | 44,600,000 | 42,100,000 | 38,000,000 | 37,000,962 | 29,516,000 |
| Debtors (Due After 1 year) | 33,048 | 24,272 | 177,993 | 53,594 | |||||||||||
| Total Fixed Assets | 55,000,000 | 57,000,000 | 57,000,000 | 68,036,000 | 69,800,000 | 64,933,048 | 59,524,272 | 60,377,993 | 54,253,594 | 47,100,000 | 44,600,000 | 42,100,000 | 38,000,000 | 37,000,962 | 29,516,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 14,000 | 91,000 | 234,000 | 384,000 | 60,000 | 203,903 | 139,728 | 176,079 | 115,451 | 277,109 | 329,647 | 275,167 | 227,375 | 21,141 | 4,117 |
| Group Debtors | 10,705,000 | 10,980,000 | 2,582,000 | 2,713,000 | 2,638,000 | 2,845,875 | 3,050,526 | 2,840,020 | 131,817 | ||||||
| Misc Debtors | 163,000 | 22,000 | 6,000 | 128,000 | 330,000 | 327,063 | 383,841 | 344,379 | 64,393 | 50,300 | 306,674 | 609,353 | 866,674 | 519,072 | 209,852 |
| Cash | 239,000 | 7,000 | 290,000 | 1,997,000 | 2,293,000 | 1,216,368 | 318,197 | 57 | 1,567,638 | 1,526,685 | 1,061,036 | 570,501 | 2 | 278 | 113 |
| misc current assets | |||||||||||||||
| total current assets | 11,121,000 | 11,100,000 | 3,112,000 | 5,222,000 | 5,321,000 | 4,593,209 | 3,892,292 | 3,360,535 | 1,747,482 | 1,854,094 | 1,697,357 | 1,455,021 | 1,094,051 | 540,491 | 345,899 |
| total assets | 66,121,000 | 68,100,000 | 60,112,000 | 73,258,000 | 75,121,000 | 69,526,257 | 63,416,564 | 63,738,528 | 56,001,076 | 48,954,094 | 46,297,357 | 43,555,021 | 39,094,051 | 37,541,453 | 29,861,899 |
| Bank overdraft | 26,050,000 | 28,188,000 | 750,000 | ||||||||||||
| Bank loan | 883,758 | 883,758 | 883,758 | 21,839,388 | 140,818 | 140,818 | 140,818 | 27,398 | 28,271,262 | ||||||
| Trade Creditors | 35,000 | 12,000 | 93,000 | 75,000 | 33,000 | 90,039 | 57,139 | 124,951 | 23,931 | 17,497 | 20,224 | 11,229 | 74,013 | 19,537 | 157,180 |
| Group/Directors Accounts | 8,645,019 | 8,615,866 | 8,527,031 | 8,443,822 | 7,954,481 | 1,946,299 | |||||||||
| other short term finances | 282,072 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,286,000 | 1,210,000 | 703,000 | 707,000 | 898,000 | 1,182,520 | 1,136,947 | 976,160 | 942,420 | 721,351 | 801,343 | 815,413 | 968,546 | 874,742 | 1,377,899 |
| total current liabilities | 1,321,000 | 1,222,000 | 26,846,000 | 28,970,000 | 931,000 | 2,156,317 | 2,077,844 | 1,984,869 | 31,732,830 | 9,495,532 | 9,489,416 | 9,411,282 | 9,024,438 | 31,111,840 | 2,285,079 |
| loans | 32,935,000 | 32,898,000 | 28,273,000 | 27,676,745 | 28,909,188 | 30,602,006 | 21,839,388 | 21,980,206 | 22,121,024 | 22,261,762 | 27,720,639 | ||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 194,000 | ||||||||||||||
| provisions | 4,220,000 | 4,720,000 | 4,720,000 | 5,647,000 | 5,994,000 | 5,094,279 | 4,139,000 | 4,539,000 | 3,539,000 | ||||||
| total long term liabilities | 37,155,000 | 37,618,000 | 4,720,000 | 5,841,000 | 34,267,000 | 32,771,024 | 33,048,188 | 35,141,006 | 3,539,000 | 21,839,388 | 21,980,206 | 22,121,024 | 22,261,762 | 27,720,639 | |
| total liabilities | 38,476,000 | 38,840,000 | 31,566,000 | 34,811,000 | 35,198,000 | 34,927,341 | 35,126,032 | 37,125,875 | 35,271,830 | 31,334,920 | 31,469,622 | 31,532,306 | 31,286,200 | 31,111,840 | 30,005,718 |
| net assets | 27,645,000 | 29,260,000 | 28,546,000 | 38,447,000 | 39,923,000 | 34,598,916 | 28,290,532 | 26,612,653 | 20,729,246 | 17,619,174 | 14,827,735 | 12,022,715 | 7,807,851 | 6,429,613 | -143,819 |
| total shareholders funds | 27,645,000 | 29,260,000 | 28,546,000 | 38,447,000 | 39,923,000 | 34,598,916 | 28,290,532 | 26,612,653 | 20,729,246 | 17,619,174 | 14,827,735 | 12,022,715 | 7,807,851 | 6,429,613 | -143,819 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -197,000 | 1,766,000 | -10,368,000 | -954,000 | 7,192,000 | 8,170,277 | 1,482,349 | 8,485,047 | 7,999,138 | 1,435,907 | 1,456,216 | 1,283,102 | 1,209,439 | 1,245,959 | 87,197 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 671,000 | -167,000 | 961,000 | 335,000 | -931,000 | -949,000 | 400,000 | -1,000,000 | -1,295,000 | ||||||
| Stock | |||||||||||||||
| Debtors | -211,000 | 8,271,000 | -403,000 | 197,000 | -381,889 | -188,478 | 59,896 | 3,305,033 | -93,971 | -308,912 | -248,199 | -209,529 | 553,836 | 194,427 | 345,786 |
| Creditors | 23,000 | -81,000 | 18,000 | 42,000 | -57,039 | 32,900 | -67,812 | 101,020 | 6,434 | -2,727 | 8,995 | -62,784 | 54,476 | -137,643 | 157,180 |
| Accruals and Deferred Income | 76,000 | 507,000 | -4,000 | -191,000 | -284,520 | 45,573 | 160,787 | 33,740 | 221,069 | -79,992 | -14,070 | -153,133 | 93,804 | -503,157 | 1,377,899 |
| Deferred Taxes & Provisions | -500,000 | -927,000 | -347,000 | 899,721 | 955,279 | -400,000 | 1,000,000 | 3,539,000 | |||||||
| Cash flow from operations | 284,000 | -6,246,000 | -9,917,000 | -1,312,000 | 7,201,051 | 8,443,507 | 1,515,428 | 5,314,774 | 10,564,612 | 1,662,100 | 1,699,340 | 1,276,714 | 803,883 | 410,732 | 1,276,490 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,000,000 | -11,036,000 | -1,764,000 | 4,900,000 | 5,400,000 | -700,000 | 6,000,000 | 7,100,000 | 2,500,000 | 2,500,000 | 4,100,000 | 999,038 | 7,484,962 | 29,516,000 | |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -883,758 | -20,955,630 | 21,698,570 | 113,420 | -28,243,864 | 28,271,262 | |||||||||
| Group/Directors Accounts | -8,645,019 | 29,153 | 88,835 | 83,209 | 489,341 | 6,008,182 | 1,946,299 | ||||||||
| Other Short Term Loans | -282,072 | 282,072 | |||||||||||||
| Long term loans | 37,000 | 32,898,000 | -28,273,000 | 596,255 | -1,232,443 | -1,692,818 | 30,602,006 | -21,839,388 | -140,818 | -140,818 | -140,738 | 22,261,762 | -27,720,639 | 27,720,639 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -194,000 | 194,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | -2,089,000 | -885,000 | -651,000 | -806,000 | -804,000 | -1,043,137 | -859,809 | -1,071,305 | -1,121,587 | -1,144,467 | -1,151,196 | -1,168,238 | -831,809 | -2,065,182 | -2,040,706 |
| cash flow from financing | -2,052,000 | 32,013,000 | -688,000 | -28,936,000 | -1,224,419 | -2,145,336 | -1,897,288 | -882,355 | -3,423,659 | 1,303,549 | 1,291,195 | 3,393,785 | 194,879 | 7,824,395 | 27,489,623 |
| cash and cash equivalents | |||||||||||||||
| cash | 232,000 | -283,000 | -1,707,000 | -296,000 | 1,076,632 | 898,171 | 318,140 | -1,567,581 | 40,953 | 465,649 | 490,535 | 570,499 | -276 | 165 | 113 |
| overdraft | -26,050,000 | -2,138,000 | 28,188,000 | -750,000 | 750,000 | ||||||||||
| change in cash | 232,000 | 25,767,000 | 431,000 | -28,484,000 | 1,076,632 | 898,171 | 318,140 | -1,567,581 | 40,953 | 465,649 | 490,535 | 570,499 | -276 | 750,165 | -749,887 |
graingrade limited Credit Report and Business Information
Graingrade Limited Competitor Analysis
Perform a competitor analysis for graingrade limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1U area or any other competitors across 12 key performance metrics.
graingrade limited Ownership
GRAINGRADE LIMITED group structure
Graingrade Limited has no subsidiary companies.
Ultimate parent company
2 parents
GRAINGRADE LIMITED
02900053
graingrade limited directors
Graingrade Limited currently has 2 directors. The longest serving directors include Mr Mitchell Friend (Feb 2024) and Mr Desmond Taljaard (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mitchell Friend | United Kingdom | 39 years | Feb 2024 | - | Director |
| Mr Desmond Taljaard | England | 64 years | Aug 2024 | - | Director |
P&L
December 2023turnover
3m
+37%
operating profit
-197k
-111%
gross margin
72.9%
-9.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
27.6m
-0.06%
total assets
66.1m
-0.03%
cash
239k
+33.14%
net assets
Total assets minus all liabilities
graingrade limited company details
company number
02900053
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
February 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
8th floor, south block, 55 baker street, london, W1U 8EW
Bank
BARCLAYS BANK PLC
Legal Advisor
-
graingrade 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 6 charges/mortgages relating to graingrade limited. Currently there are 3 open charges and 3 have been satisfied in the past.
graingrade 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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graingrade limited Companies House Filings - See Documents
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