grasshopper projects limited

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grasshopper projects limited Company Information

Share GRASSHOPPER PROJECTS LIMITED

Company Number

03303671

Directors

Stuart Read

Shareholders

s.j. read

mrs justine read

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Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

14 south downs, knutsford, cheshire, WA16 8ND

grasshopper projects limited Estimated Valuation

£146.7k

Pomanda estimates the enterprise value of GRASSHOPPER PROJECTS LIMITED at £146.7k based on a Turnover of £306.2k and 0.48x industry multiple (adjusted for size and gross margin).

grasshopper projects limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GRASSHOPPER PROJECTS LIMITED at £0 based on an EBITDA of £-13.5k and a 3.2x industry multiple (adjusted for size and gross margin).

grasshopper projects limited Estimated Valuation

£256.8k

Pomanda estimates the enterprise value of GRASSHOPPER PROJECTS LIMITED at £256.8k based on Net Assets of £109.3k and 2.35x industry multiple (adjusted for liquidity).

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Grasshopper Projects Limited Overview

Grasshopper Projects Limited is a live company located in cheshire, WA16 8ND with a Companies House number of 03303671. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in January 1997, it's largest shareholder is s.j. read with a 49.8% stake. Grasshopper Projects Limited is a mature, micro sized company, Pomanda has estimated its turnover at £306.2k with declining growth in recent years.

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Grasshopper Projects Limited Health Check

Pomanda's financial health check has awarded Grasshopper Projects Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £306.2k, make it smaller than the average company (£1.7m)

£306.2k - Grasshopper Projects Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.6%)

-10% - Grasshopper Projects Limited

8.6% - Industry AVG

production

Production

with a gross margin of 23.6%, this company has a higher cost of product (45.9%)

23.6% - Grasshopper Projects Limited

45.9% - Industry AVG

profitability

Profitability

an operating margin of -4.4% make it less profitable than the average company (5.4%)

-4.4% - Grasshopper Projects Limited

5.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (16)

1 - Grasshopper Projects Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Grasshopper Projects Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £306.2k, this is more efficient (£111.8k)

£306.2k - Grasshopper Projects Limited

£111.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 180 days, this is later than average (54 days)

180 days - Grasshopper Projects Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 49 days, this is slower than average (32 days)

49 days - Grasshopper Projects Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grasshopper Projects Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Grasshopper Projects Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.8%, this is a lower level of debt than the average (51.3%)

27.8% - Grasshopper Projects Limited

51.3% - Industry AVG

GRASSHOPPER PROJECTS LIMITED financials

EXPORTms excel logo

Grasshopper Projects Limited's latest turnover from March 2024 is estimated at £306.2 thousand and the company has net assets of £109.3 thousand. According to their latest financial statements, Grasshopper Projects Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover306,179334,852382,513420,090438,311394,576368,209382,488365,942552,792446,513119,680122,529123,741163,457
Other Income Or Grants
Cost Of Sales233,822254,798295,621323,147323,372291,912272,072278,862264,700402,495324,06285,58786,57287,543116,057
Gross Profit72,35780,05586,89396,943114,940102,66496,137103,626101,242150,296122,45134,09335,95736,19847,400
Admin Expenses85,89071,517113,715117,64886,41388,62485,14297,23892,63794,99283,169-68,142-74,431-73,479-102,587
Operating Profit-13,5338,538-26,822-20,70528,52714,04010,9956,3888,60555,30439,282102,235110,388109,677149,987
Interest Payable568211547290
Interest Receivable1,670828482550
Pre-Tax Profit-13,5338,538-26,822-20,70528,52714,04010,9956,3888,60555,30439,282103,337111,005109,612150,247
Tax-1,622-5,420-2,668-2,089-1,277-1,721-11,614-9,035-20,501-22,262-23,192-31,627
Profit After Tax-13,5336,916-26,822-20,70523,10711,3728,9065,1106,88443,69030,24782,83688,74386,420118,620
Dividends Paid65,74073,05085,256119,078
Retained Profit-13,5336,916-26,822-20,70523,10711,3728,9065,1106,88443,69030,24717,09615,6931,164-458
Employee Costs48,30047,37744,87284,88984,34085,78983,32182,09082,935123,376121,16438,30537,76036,65837,561
Number Of Employees111222222331111
EBITDA*-13,5338,538-26,822-20,70528,52714,04010,9956,3888,87455,30439,282102,871110,588109,944150,344

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4055407219621,2831,7111,1636048051,0741,4331,9106038031,070
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4055407219621,2831,7111,1636048051,0741,4331,9106038031,070
Stock & work in progress
Trade Debtors151,012171,939196,752198,038206,502186,605172,596166,669146,935167,078126,51583,61025,64034,16232,840
Group Debtors
Misc Debtors
Cash98343434
misc current assets29,17520,23111,343
total current assets151,012171,939196,752198,038206,502186,605172,596166,669146,935167,176126,51583,61054,84954,42744,217
total assets151,417172,479197,473199,000207,785188,316173,759167,273147,740168,250127,94885,52055,45255,23045,287
Bank overdraft5,1357,111417
Bank loan
Trade Creditors 31,45134,41259,72255,02843,10846,74643,62146,04132,55747,37563,339
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities51,25633,14946,64444,559
total current liabilities31,45134,41259,72255,02843,10846,74643,62146,04132,55747,37563,33951,25638,28453,75544,976
loans
hp & lease commitments
Accruals and Deferred Income1,3581,2001,2001,2001,2001,2001,1401,140
other liabilities9,27514,00120,60112,576
provisions
total long term liabilities10,63315,20121,8011,2001,2001,2001,1401,14012,576
total liabilities42,08449,61381,52356,22844,30847,94644,76147,18132,55759,95163,33951,25638,28453,75544,976
net assets109,333122,866115,950142,772163,477140,370128,998120,092115,183108,29964,60934,26417,1681,475311
total shareholders funds109,333122,866115,950142,772163,477140,370128,998120,092115,183108,29964,60934,26417,1681,475311
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-13,5338,538-26,822-20,70528,52714,04010,9956,3888,60555,30439,282102,235110,388109,677149,987
Depreciation269636200267357
Amortisation
Tax-1,622-5,420-2,668-2,089-1,277-1,721-11,614-9,035-20,501-22,262-23,192-31,627
Stock
Debtors-20,927-24,813-1,286-8,46419,89714,0095,92719,734-20,14340,56342,90557,970-8,5221,32232,840
Creditors-2,961-25,3104,69411,920-3,6383,125-2,42013,484-14,818-15,96463,339
Accruals and Deferred Income158601,140-51,25618,107-13,4952,08544,559
Deferred Taxes & Provisions
Cash flow from operations4,5916,419-20,842-321-428548559112,478-12,837-57542,50783,35387,515130,436
Investing Activities
capital expenditure135181241321428-548-559201359477-1,943-1,427
Change in Investments
cash flow from investments135181241321428-548-559201359477-1,943-1,427
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-4,726-6,60020,601-12,57612,576
share issue-20198769
interest1,102617-65260
cash flow from financing-4,726-6,60020,601-201-12,57612,576981,102617-651,029
cash and cash equivalents
cash-9898-3434
overdraft-5,135-1,9766,694417
change in cash-98985,1011,976-6,694-383

grasshopper projects limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Grasshopper Projects Limited Competitor Analysis

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Perform a competitor analysis for grasshopper projects limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WA16 area or any other competitors across 12 key performance metrics.

grasshopper projects limited Ownership

GRASSHOPPER PROJECTS LIMITED group structure

Grasshopper Projects Limited has no subsidiary companies.

Ultimate parent company

GRASSHOPPER PROJECTS LIMITED

03303671

GRASSHOPPER PROJECTS LIMITED Shareholders

s.j. read 49.75%
mrs justine read 49.25%
mr colin read 0.5%
mrs joyce read 0.5%

grasshopper projects limited directors

Grasshopper Projects Limited currently has 1 director, Mr Stuart Read serving since Jan 1997.

officercountryagestartendrole
Mr Stuart Read55 years Jan 1997- Director

P&L

March 2024

turnover

306.2k

-9%

operating profit

-13.5k

0%

gross margin

23.7%

-1.15%

turnover

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

Balance Sheet

March 2024

net assets

109.3k

-0.11%

total assets

151.4k

-0.12%

cash

0

0%

net assets

Total assets minus all liabilities

grasshopper projects limited company details

company number

03303671

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

January 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

BOWYERS ACCOUNTANTS

auditor

-

address

14 south downs, knutsford, cheshire, WA16 8ND

Bank

-

Legal Advisor

-

grasshopper projects 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 did not find charges/mortgages relating to grasshopper projects limited.

grasshopper projects 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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grasshopper projects limited Companies House Filings - See Documents

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