good earth limited

good earth limited Company Information

Share GOOD EARTH LIMITED
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MatureMicroDeclining

Company Number

03514878

Industry

Take away food shops and mobile food stands

 

Directors

Holland Kwok

Angela Kwok

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Shareholders

beckets hurst ltd

holland kwok

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Group Structure

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Contact

Registered Address

233 brompton road, london, SW3 2EP

good earth limited Estimated Valuation

£48.7k

Pomanda estimates the enterprise value of GOOD EARTH LIMITED at £48.7k based on a Turnover of £74.7k and 0.65x industry multiple (adjusted for size and gross margin).

good earth limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GOOD EARTH LIMITED at £0 based on an EBITDA of £-73.2k and a 3.9x industry multiple (adjusted for size and gross margin).

good earth limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GOOD EARTH LIMITED at £0 based on Net Assets of £-73.2k and 2.68x industry multiple (adjusted for liquidity).

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Good Earth Limited Overview

Good Earth Limited is a live company located in london, SW3 2EP with a Companies House number of 03514878. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in February 1998, it's largest shareholder is beckets hurst ltd with a 50% stake. Good Earth Limited is a mature, micro sized company, Pomanda has estimated its turnover at £74.7k with declining growth in recent years.

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Good Earth Limited Health Check

Pomanda's financial health check has awarded Good Earth Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £74.7k, make it smaller than the average company (£142.1k)

£74.7k - Good Earth Limited

£142.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.9%)

-1% - Good Earth Limited

7.9% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a higher cost of product (50.2%)

27.1% - Good Earth Limited

50.2% - Industry AVG

profitability

Profitability

an operating margin of -98% make it less profitable than the average company (2.3%)

-98% - Good Earth Limited

2.3% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (4)

5 - Good Earth Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £11.3k, the company has an equivalent pay structure (£11.3k)

£11.3k - Good Earth Limited

£11.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £14.9k, this is less efficient (£40.3k)

£14.9k - Good Earth Limited

£40.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 9 days, this is earlier than average (21 days)

9 days - Good Earth Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (19 days)

2 days - Good Earth Limited

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Good Earth Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Good Earth Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3756.3%, this is a higher level of debt than the average (82.5%)

3756.3% - Good Earth Limited

82.5% - Industry AVG

GOOD EARTH LIMITED financials

EXPORTms excel logo

Good Earth Limited's latest turnover from March 2024 is estimated at £74.7 thousand and the company has net assets of -£73.2 thousand. According to their latest financial statements, Good Earth Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover74,65879,37277,511127,386129,392394,463398,059466,66851,780368,379309,676298,176216,034322,9310
Other Income Or Grants000000000000000
Cost Of Sales54,42555,24152,31787,70690,388268,324264,267307,51534,542248,803196,505182,870130,039182,6950
Gross Profit20,23224,13125,19539,68039,004126,139133,791159,15417,238119,577113,171115,30685,994140,2370
Admin Expenses93,39524,13111,186-64,016107,744-92,731160,243117,281-93,3507,45275,853107,765171,406163,834385,277
Operating Profit-73,163014,009103,696-68,740218,870-26,45241,873110,588112,12537,3187,541-85,412-23,597-385,277
Interest Payable00001,0021,00217160000000
Interest Receivable0000017112018624213943110
Pre-Tax Profit-73,163014,009103,696-69,742217,884-26,45841,876110,774112,36737,4577,584-85,412-23,597-385,277
Tax00-2,662-19,7020-41,3980-8,375-22,155-23,597-8,615-1,820000
Profit After Tax-73,163011,34783,994-69,742176,486-26,45833,50188,61988,77028,8425,764-85,412-23,597-385,277
Dividends Paid000000000000000
Retained Profit-73,163011,34783,994-69,742176,486-26,45833,50188,61988,77028,8425,764-85,412-23,597-385,277
Employee Costs56,69557,89556,20954,26853,730289,330271,955262,14218,32089,04080,85271,86848,95771,3620
Number Of Employees5555525252621098680
EBITDA*-73,163014,009103,696-68,740221,850-22,87946,053115,280116,62142,57713,523-75,960-18,575-373,067

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets0000014,37116,97520,76224,94222,79926,72230,07125,13725,68924,565
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)00000105,295146,10357,4240000000
Total Fixed Assets00000119,666163,07878,18624,94222,79926,72230,07125,13725,68924,565
Stock & work in progress000003,4753,1736,3336,9767,4346,3136,11911,24614,2429,971
Trade Debtors2,0012,0012,00124,3786,37410,45912,205057115,56916,06616,35110,40319,41113,218
Group Debtors000000000000000
Misc Debtors0000025,74421,13018,63213,920000000
Cash000001004,30410015,95758,36038,52517,136100100100
misc current assets000000000000000
total current assets2,0012,0012,00124,3786,37439,77840,81225,06537,42481,36360,90439,60621,74933,75323,289
total assets2,0012,0012,00124,3786,374159,444203,890103,25162,366104,16287,62669,67746,88659,44247,854
Bank overdraft0000029,69305260000000
Bank loan000000000000000
Trade Creditors 42042042016,12346,65253,98161,56532,13324,40470,68365,25367,42993,02276,56479,514
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000073,20654,03544,42039,864000000
total current liabilities42042042016,12346,652156,880115,60077,07964,26870,68365,25367,42993,02276,56479,514
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities74,74474,74474,74492,765128,226101,226363,438274,862280,289404,289481,953490,670448,050391,652353,517
provisions000000000000000
total long term liabilities74,74474,74474,74492,765128,226101,226363,438274,862280,289404,289481,953490,670448,050391,652353,517
total liabilities75,16475,16475,164108,888174,878258,106479,038351,941344,557474,972547,206558,099541,072468,216433,031
net assets-73,163-73,163-73,163-84,510-168,504-98,662-275,148-248,690-282,191-370,810-459,580-488,422-494,186-408,774-385,177
total shareholders funds-73,163-73,163-73,163-84,510-168,504-98,662-275,148-248,690-282,191-370,810-459,580-488,422-494,186-408,774-385,177
Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-73,163014,009103,696-68,740218,870-26,45241,873110,588112,12537,3187,541-85,412-23,597-385,277
Depreciation000002,9803,5734,1804,6924,4965,2595,9829,4525,02212,210
Amortisation000000000000000
Tax00-2,662-19,7020-41,3980-8,375-22,155-23,597-8,615-1,820000
Stock0000-3,475302-3,160-643-4581,121194-5,127-2,9964,2719,971
Debtors2,0010-22,37718,004-135,124-37,940103,38261,565-1,078-497-2855,948-9,0086,19313,218
Creditors4200-15,703-30,529-7,329-7,58429,4327,729-46,2795,430-2,176-25,59316,458-2,95079,514
Accruals and Deferred Income0000-73,20619,1719,6154,55639,864000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-74,744018,02135,461-10,676229,677-84,054-10,95988,24697,83031,877-14,711-47,498-31,989-316,742
Investing Activities
capital expenditure000014,371-3762140-6,835-573-1,910-10,916-8,900-6,146-36,775
Change in Investments000000000000000
cash flow from investments000014,371-3762140-6,835-573-1,910-10,916-8,900-6,146-36,775
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities74,7440-18,021-35,46127,000-262,21288,576-5,427-124,000-77,664-8,71742,62056,39838,135353,517
share issue0000-100000000000100
interest0000-1,002-985-6418624213943110
cash flow from financing74,7440-18,021-35,46125,898-263,19788,570-5,423-123,814-77,422-8,57842,66356,39938,136353,617
cash and cash equivalents
cash0000-100-4,2044,204-15,857-42,40319,83521,38917,03600100
overdraft0000-29,69329,693-5265260000000
change in cash000029,593-33,8974,730-16,383-42,40319,83521,38917,03600100

good earth 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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Good Earth Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for good earth limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SW3 area or any other competitors across 12 key performance metrics.

good earth limited Ownership

GOOD EARTH LIMITED group structure

Good Earth Limited has no subsidiary companies.

Ultimate parent company

GOOD EARTH LIMITED

03514878

GOOD EARTH LIMITED Shareholders

beckets hurst ltd 50%
holland kwok 15%
a.w. kwok 10%
c.m.h. tan 10%
s.f. cheung 5%
r. wong 5%
e.c.k. wu 5%

good earth limited directors

Good Earth Limited currently has 5 directors. The longest serving directors include Mr Holland Kwok (Apr 1998) and Mrs Angela Kwok (Feb 1999).

officercountryagestartendrole
Mr Holland Kwok90 years Apr 1998- Director
Mrs Angela Kwok84 years Feb 1999- Director
Mr Christopher TanUnited Kingdom77 years Feb 1999- Director
Mr Andrew KwokEngland59 years Oct 1999- Director
Miss Sally Cheung58 years Jun 2017- Director

P&L

March 2024

turnover

74.7k

0%

operating profit

-73.2k

0%

gross margin

27.2%

0%

turnover

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

Balance Sheet

March 2024

net assets

-73.2k

0%

total assets

2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

good earth limited company details

company number

03514878

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

incorporation date

February 1998

age

26

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

March 2024

previous names

west end lane limited (July 2010)

good earth limited (September 2002)

accountant

-

auditor

-

address

233 brompton road, london, SW3 2EP

Bank

-

Legal Advisor

-

good earth 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 good earth limited. Currently there are 0 open charges and 2 have been satisfied in the past.

good earth 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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good earth limited Companies House Filings - See Documents

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