grovecourt properties ltd

grovecourt properties ltd Company Information

Share GROVECOURT PROPERTIES LTD
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MatureMicroRapid

Company Number

03424519

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

satinderjit kaur sahota

harbhajan singh sahota

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Group Structure

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Contact

Registered Address

179 rochfords gardens, slough, berkshire, SL2 5XB

Website

-

grovecourt properties ltd Estimated Valuation

£746.7k

Pomanda estimates the enterprise value of GROVECOURT PROPERTIES LTD at £746.7k based on a Turnover of £292.6k and 2.55x industry multiple (adjusted for size and gross margin).

grovecourt properties ltd Estimated Valuation

£485.9k

Pomanda estimates the enterprise value of GROVECOURT PROPERTIES LTD at £485.9k based on an EBITDA of £96.3k and a 5.04x industry multiple (adjusted for size and gross margin).

grovecourt properties ltd Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of GROVECOURT PROPERTIES LTD at £1.9m based on Net Assets of £1.1m and 1.71x industry multiple (adjusted for liquidity).

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Grovecourt Properties Ltd Overview

Grovecourt Properties Ltd is a live company located in berkshire, SL2 5XB with a Companies House number of 03424519. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 1997, it's largest shareholder is satinderjit kaur sahota with a 50% stake. Grovecourt Properties Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £292.6k with rapid growth in recent years.

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Grovecourt Properties Ltd Health Check

Pomanda's financial health check has awarded Grovecourt Properties Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £292.6k, make it smaller than the average company (£917k)

£292.6k - Grovecourt Properties Ltd

£917k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (4.9%)

35% - Grovecourt Properties Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 34.4%, this company has a higher cost of product (75.3%)

34.4% - Grovecourt Properties Ltd

75.3% - Industry AVG

profitability

Profitability

an operating margin of 32.9% make it as profitable than the average company (29.8%)

32.9% - Grovecourt Properties Ltd

29.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Grovecourt Properties Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - Grovecourt Properties Ltd

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £292.6k, this is more efficient (£177.5k)

£292.6k - Grovecourt Properties Ltd

£177.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (31 days)

89 days - Grovecourt Properties Ltd

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (38 days)

50 days - Grovecourt Properties Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grovecourt Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Grovecourt Properties Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (63.6%)

25.9% - Grovecourt Properties Ltd

63.6% - Industry AVG

GROVECOURT PROPERTIES LTD financials

EXPORTms excel logo

Grovecourt Properties Ltd's latest turnover from March 2024 is estimated at £292.6 thousand and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Grovecourt Properties Ltd 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 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover292,644113,677115,798119,52373,816455,012346,674512,435292,676414,338547,335572,750537,58813,36010,6880
Other Income Or Grants0000000000000000
Cost Of Sales192,0050000320,543239,798345,216197,127293,844396,508423,729393,1179,7087,4450
Gross Profit100,638113,677115,798119,52373,816134,469106,876167,22095,550120,494150,827149,021144,4713,6533,2430
Admin Expenses4,31126,62026,19412,60027,53845,72542,22083,70327,54854,967105,06497,56191,079-53,844-52,113-422,242
Operating Profit96,32787,05789,604106,92346,27888,74464,65683,51768,00265,52745,76351,46053,39257,49755,356422,242
Interest Payable00002,93200000000000
Interest Receivable3,6570000540131527213019115380636933
Pre-Tax Profit99,98487,05789,604106,92343,34689,28464,78683,56968,07465,65845,95451,61353,47257,55955,425422,275
Tax-24,996-16,541-17,025-20,315-8,236-16,964-12,309-15,878-13,615-13,131-9,650-11,871-12,833-14,965-15,519-118,237
Profit After Tax74,98870,51672,57986,60835,11072,32052,47767,69154,45952,52636,30439,74240,63942,59439,906304,038
Dividends Paid0000000000000000
Retained Profit74,98870,51672,57986,60835,11072,32052,47767,69154,45952,52636,30439,74240,63942,59439,906304,038
Employee Costs32,44330,37829,40326,85627,39254,77453,10950,57125,75052,00049,70747,32048,18223,41624,0560
Number Of Employees1111122212222110
EBITDA*96,32787,05789,604106,92346,27888,74464,65683,51768,00265,52745,76351,46053,39257,49755,356422,242

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets1,408,2721,263,9721,263,9721,263,9721,263,9721,055,2841,055,284905,26211111111
Intangible Assets0000000000000000
Investments & Other00000000902,086902,086902,086902,086902,086902,086902,086902,086
Debtors (Due After 1 year)0000000000000000
Total Fixed Assets1,408,2721,263,9721,263,9721,263,9721,263,9721,055,2841,055,284905,262902,087902,087902,087902,087902,087902,087902,087902,087
Stock & work in progress0000000000000000
Trade Debtors72,158000000106,82700000000
Group Debtors0000000000000000
Misc Debtors0000000000000000
Cash0139,303123,269102,97915,257109,09234,808041,57615,91836,27240,16921,13410,81814,32513,392
misc current assets0000000000000000
total current assets72,158139,303123,269102,97915,257109,09234,808106,82741,57615,91836,27240,16921,13410,81814,32513,392
total assets1,480,4301,403,2751,387,2411,366,9511,279,2291,164,3761,090,0921,012,089943,663918,005938,359942,256923,221912,905916,412915,479
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 26,8080000361,580359,616334,190333,355362,156435,036475,237495,94412,27511,7768,412
Group/Directors Accounts0000000000000000
other short term finances0000000000000000
hp & lease commitments0000000000000000
other current liabilities016,54117,02520,31525,43800000000000
total current liabilities26,80816,54117,02520,31525,438361,580359,616334,190333,355362,156435,036475,237495,94412,27511,7768,412
loans0000000000000000
hp & lease commitments0000000000000000
Accruals and Deferred Income0000000000000000
other liabilities356,712364,712418,712467,712461,71200000000513,992560,592602,929
provisions0000000000000000
total long term liabilities356,712364,712418,712467,712461,71200000000513,992560,592602,929
total liabilities383,520381,253435,737488,027487,150361,580359,616334,190333,355362,156435,036475,237495,944526,267572,368611,341
net assets1,096,9101,022,022951,504878,924792,079802,796730,476677,899610,308555,849503,323467,019427,277386,638344,044304,138
total shareholders funds1,096,9101,022,022951,504878,924792,079802,796730,476677,899610,308555,849503,323467,019427,277386,638344,044304,138
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit96,32787,05789,604106,92346,27888,74464,65683,51768,00265,52745,76351,46053,39257,49755,356422,242
Depreciation0000000000000000
Amortisation0000000000000000
Tax-24,996-16,541-17,025-20,315-8,236-16,964-12,309-15,878-13,615-13,131-9,650-11,871-12,833-14,965-15,519-118,237
Stock0000000000000000
Debtors72,15800000-106,827106,82700000000
Creditors26,808000-361,5801,96425,426835-28,801-72,880-40,201-20,707483,6694993,3648,412
Accruals and Deferred Income-16,541-484-3,290-5,12325,43800000000000
Deferred Taxes & Provisions0000000000000000
Cash flow from operations9,44070,03269,28981,485-298,10073,744184,600-38,35325,586-20,484-4,08818,882524,22843,03143,201312,417
Investing Activities
capital expenditure-144,300000-208,6880-150,022-905,2610000000-1
Change in Investments0000000-902,0860000000902,086
cash flow from investments-144,300000-208,6880-150,022-3,1750000000-902,087
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts0000000000000000
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments0000000000000000
other long term liabilities-8,000-54,000-49,0006,000461,7120000000-513,992-46,600-42,337602,929
share issue-10021237-45,8270100-1000000000100
interest3,657000-2,932540131527213019115380636933
cash flow from financing-4,443-53,998-48,9996,237412,953540231-4872130191153-513,912-46,537-42,268603,062
cash and cash equivalents
cash-139,30316,03420,29087,722-93,83574,28434,808-41,57625,658-20,354-3,89719,03510,316-3,50793313,392
overdraft0000000000000000
change in cash-139,30316,03420,29087,722-93,83574,28434,808-41,57625,658-20,354-3,89719,03510,316-3,50793313,392

grovecourt properties ltd 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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Grovecourt Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for grovecourt properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SL2 area or any other competitors across 12 key performance metrics.

grovecourt properties ltd Ownership

GROVECOURT PROPERTIES LTD group structure

Grovecourt Properties Ltd has no subsidiary companies.

Ultimate parent company

GROVECOURT PROPERTIES LTD

03424519

GROVECOURT PROPERTIES LTD Shareholders

satinderjit kaur sahota 50%
harbhajan singh sahota 26%
baldeep singh sahota 8%
gurtaran singh sahota 8%
mandeep kaur sahota 8%

grovecourt properties ltd directors

Grovecourt Properties Ltd currently has 3 directors. The longest serving directors include Mr Harbhajan Sahota (Oct 1997) and Ms Satinderjit Sahota (Oct 1997).

officercountryagestartendrole
Mr Harbhajan SahotaEngland59 years Oct 1997- Director
Ms Satinderjit SahotaEngland63 years Oct 1997- Director
Mr Hardeep SahotaEngland35 years Feb 2020- Director

P&L

March 2024

turnover

292.6k

+157%

operating profit

96.3k

0%

gross margin

34.4%

-65.61%

turnover

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

Balance Sheet

March 2024

net assets

1.1m

+0.07%

total assets

1.5m

+0.05%

cash

0

-1%

net assets

Total assets minus all liabilities

grovecourt properties ltd company details

company number

03424519

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

August 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

179 rochfords gardens, slough, berkshire, SL2 5XB

Bank

-

Legal Advisor

-

grovecourt properties ltd 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 7 charges/mortgages relating to grovecourt properties ltd. Currently there are 0 open charges and 7 have been satisfied in the past.

grovecourt properties ltd 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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grovecourt properties ltd Companies House Filings - See Documents

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