guaranteed conveyancing solutions limited
guaranteed conveyancing solutions limited Company Information
Company Number
03623950
Website
http://gcs-title.co.ukRegistered Address
eca court, 24-26 south park, 24-26 south park, sevenoaks, kent, TN13 1DU
Industry
Non-life insurance
Telephone
01435868050
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
first title limited 100%
guaranteed conveyancing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GUARANTEED CONVEYANCING SOLUTIONS LIMITED at £790.6k based on a Turnover of £1.5m and 0.53x industry multiple (adjusted for size and gross margin).
guaranteed conveyancing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GUARANTEED CONVEYANCING SOLUTIONS LIMITED at £251.7k based on an EBITDA of £33k and a 7.63x industry multiple (adjusted for size and gross margin).
guaranteed conveyancing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of GUARANTEED CONVEYANCING SOLUTIONS LIMITED at £219k based on Net Assets of £158k and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Guaranteed Conveyancing Solutions Limited AI Business Plan
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Guaranteed Conveyancing Solutions Limited Overview
Guaranteed Conveyancing Solutions Limited is a live company located in sevenoaks, TN13 1DU with a Companies House number of 03623950. It operates in the non-life insurance sector, SIC Code 65120. Founded in August 1998, it's largest shareholder is first title limited with a 100% stake. Guaranteed Conveyancing Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.
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Guaranteed Conveyancing Solutions Limited Health Check
Pomanda's financial health check has awarded Guaranteed Conveyancing Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£1.9m)
£1.5m - Guaranteed Conveyancing Solutions Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.2%)
5% - Guaranteed Conveyancing Solutions Limited
4.2% - Industry AVG
Production
with a gross margin of 89.3%, this company has a comparable cost of product (97%)
89.3% - Guaranteed Conveyancing Solutions Limited
97% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (17.8%)
0.4% - Guaranteed Conveyancing Solutions Limited
17.8% - Industry AVG
Employees
with 12 employees, this is below the industry average (32)
12 - Guaranteed Conveyancing Solutions Limited
32 - Industry AVG
Pay Structure
on an average salary of £77.7k, the company has a higher pay structure (£60.2k)
£77.7k - Guaranteed Conveyancing Solutions Limited
£60.2k - Industry AVG
Efficiency
resulting in sales per employee of £123.4k, this is less efficient (£155.7k)
£123.4k - Guaranteed Conveyancing Solutions Limited
£155.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (236 days)
3 days - Guaranteed Conveyancing Solutions Limited
236 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (283 days)
6 days - Guaranteed Conveyancing Solutions Limited
283 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Guaranteed Conveyancing Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (16 weeks)
48 weeks - Guaranteed Conveyancing Solutions Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.3%, this is a similar level of debt than the average (83.6%)
84.3% - Guaranteed Conveyancing Solutions Limited
83.6% - Industry AVG
guaranteed conveyancing solutions limited Credit Report and Business Information
Guaranteed Conveyancing Solutions Limited Competitor Analysis
Perform a competitor analysis for guaranteed conveyancing solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
guaranteed conveyancing solutions limited Ownership
GUARANTEED CONVEYANCING SOLUTIONS LIMITED group structure
Guaranteed Conveyancing Solutions Limited has 1 subsidiary company.
Ultimate parent company
FAF INTERNATIONAL HOLDINGS GMBH BV
#0162530
2 parents
GUARANTEED CONVEYANCING SOLUTIONS LIMITED
03623950
1 subsidiary
guaranteed conveyancing solutions limited directors
Guaranteed Conveyancing Solutions Limited currently has 5 directors. The longest serving directors include Mr Oliver Bate (Aug 2021) and Mr Justin McChesney (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Oliver Bate | England | 44 years | Aug 2021 | - | Director |
| Mr Justin McChesney | England | 51 years | Aug 2021 | - | Director |
| Mr Kevin Dick | 57 years | Aug 2021 | - | Director | |
| Mr Justin McChesney | 51 years | Aug 2021 | - | Director | |
| Mr William Maidens | England | 63 years | Jan 2024 | - | Director |
GUARANTEED CONVEYANCING SOLUTIONS LIMITED financials
Guaranteed Conveyancing Solutions Limited's latest turnover from December 2022 is £1.5 million and the company has net assets of £158 thousand. According to their latest financial statements, Guaranteed Conveyancing Solutions Limited has 12 employees and maintains cash reserves of £796 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,481,000 | 980,460 | 887,190 | 1,281,011 | 1,599,289 | 1,330,889 | 1,376,810 | 1,322,522 | 1,313,951 | 1,201,767 | 1,410,723 | 1,379,387 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 159,000 | 38,608 | 39,010 | 97,936 | 305,425 | 98,892 | 64,374 | 62,579 | 91,682 | 31,869 | 180,841 | 84,363 | |
| Gross Profit | 1,322,000 | 941,852 | 848,180 | 1,183,075 | 1,293,864 | 1,231,997 | 1,312,436 | 1,259,943 | 1,222,269 | 1,169,898 | 1,229,882 | 1,295,024 | |
| Admin Expenses | 1,316,000 | 795,904 | 804,790 | 887,236 | 879,338 | 833,291 | 782,955 | 753,533 | 970,997 | 846,897 | 896,987 | 1,104,601 | |
| Operating Profit | 6,000 | 145,948 | 43,390 | 295,839 | 414,526 | 398,706 | 529,481 | 506,410 | 251,272 | 323,001 | 332,895 | 190,423 | |
| Interest Payable | 0 | 38 | 0 | 0 | 0 | 531 | 0 | 0 | 0 | 0 | 943 | 5,204 | |
| Interest Receivable | 0 | 30 | 312 | 292 | 101 | 478 | 1,093 | 1,899 | 4,641 | 4,135 | 0 | 9 | |
| Pre-Tax Profit | 6,000 | 145,940 | 43,702 | 296,131 | 414,627 | 398,653 | 530,574 | 508,309 | 255,913 | 327,136 | 331,952 | 185,228 | |
| Tax | -2,000 | -27,889 | -8,890 | -56,805 | -79,680 | -78,692 | -105,908 | -108,836 | -60,247 | -78,098 | -40,488 | -52,848 | |
| Profit After Tax | 4,000 | 118,051 | 34,812 | 239,326 | 334,947 | 319,961 | 424,666 | 399,473 | 195,666 | 249,038 | 291,464 | 132,380 | |
| Dividends Paid | 0 | 0 | 200,000 | 280,000 | 330,000 | 290,000 | 640,000 | 300,000 | 290,000 | 210,000 | 872,905 | 0 | |
| Retained Profit | 4,000 | 118,051 | -165,188 | -40,674 | 4,947 | 29,961 | -215,334 | 99,473 | -94,334 | 39,038 | -581,441 | 132,380 | |
| Employee Costs | 932,000 | 580,394 | 574,115 | 602,375 | 569,328 | 545,494 | 505,576 | 498,203 | 708,379 | 647,564 | 644,831 | 899,785 | |
| Number Of Employees | 12 | 14 | 15 | 15 | 14 | 14 | 13 | 12 | 14 | 15 | 14 | 15 | |
| EBITDA* | 33,000 | 166,911 | 68,822 | 326,975 | 449,447 | 427,097 | 562,175 | 540,368 | 284,330 | 350,431 | 350,631 | 204,407 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,000 | 24,054 | 40,361 | 42,133 | 59,000 | 52,364 | 66,955 | 62,304 | 64,547 | 61,843 | 67,471 | 32,634 | 45,490 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 100 | 100 | 100 | 100 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 5,000 | 5,000 | 8,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,000 | 29,054 | 49,075 | 42,233 | 59,100 | 52,464 | 67,055 | 62,404 | 64,547 | 61,843 | 67,471 | 32,634 | 45,490 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,000 | 127,057 | 32,235 | 47,341 | 47,670 | 55,915 | 60,417 | 38,016 | 31,273 | 20,533 | 18,647 | 14,231 | 1,365,580 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220,172 | 220,172 | 1,856,591 | 0 |
| Misc Debtors | 172,000 | 24,611 | 30,389 | 35,984 | 36,381 | 42,582 | 36,813 | 40,249 | 64,965 | 56,861 | 66,487 | 66,419 | 0 |
| Cash | 796,000 | 795,313 | 527,185 | 778,941 | 980,622 | 877,305 | 880,160 | 1,255,232 | 632,924 | 636,504 | 391,447 | 369,659 | 429,740 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 983,000 | 946,981 | 589,809 | 862,266 | 1,064,673 | 975,802 | 977,390 | 1,333,497 | 729,162 | 934,070 | 696,753 | 2,306,900 | 1,795,320 |
| total assets | 1,007,000 | 976,035 | 638,884 | 904,499 | 1,123,773 | 1,028,266 | 1,044,445 | 1,395,901 | 793,709 | 995,913 | 764,224 | 2,339,534 | 1,840,810 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 10,000 | 833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,000 | 452,585 | 294,033 | 599,759 | 745,906 | 676,168 | 736,285 | 798,782 | 360,951 | 455,127 | 264,290 | 1,270,117 | 1,013,542 |
| Group/Directors Accounts | 770,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 72,000 | 116,147 | 51,775 | 96,290 | 125,723 | 106,844 | 89,321 | 163,443 | 98,796 | 112,661 | 109,789 | 109,769 | 0 |
| total current liabilities | 845,000 | 578,732 | 346,641 | 696,049 | 871,629 | 783,012 | 825,606 | 962,225 | 459,747 | 567,788 | 374,079 | 1,379,886 | 1,013,542 |
| loans | 0 | 239,150 | 249,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,000 | 4,006 | 6,980 | 7,166 | 10,186 | 8,243 | 11,789 | 11,292 | 11,051 | 10,880 | 11,938 | 0 | 0 |
| total long term liabilities | 4,000 | 243,156 | 256,147 | 7,166 | 10,186 | 8,243 | 11,789 | 11,292 | 11,051 | 10,880 | 11,938 | 0 | 0 |
| total liabilities | 849,000 | 821,888 | 602,788 | 703,215 | 881,815 | 791,255 | 837,395 | 973,517 | 470,798 | 578,668 | 386,017 | 1,379,886 | 1,013,542 |
| net assets | 158,000 | 154,147 | 36,096 | 201,284 | 241,958 | 237,011 | 207,050 | 422,384 | 322,911 | 417,245 | 378,207 | 959,648 | 827,268 |
| total shareholders funds | 158,000 | 154,147 | 36,096 | 201,284 | 241,958 | 237,011 | 207,050 | 422,384 | 322,911 | 417,245 | 378,207 | 959,648 | 827,268 |
| Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 6,000 | 145,948 | 43,390 | 295,839 | 414,526 | 398,706 | 529,481 | 506,410 | 251,272 | 323,001 | 332,895 | 190,423 | |
| Depreciation | 27,000 | 20,963 | 25,432 | 31,136 | 34,921 | 28,391 | 32,694 | 33,958 | 33,058 | 27,430 | 17,736 | 13,984 | 11,669 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,000 | -27,889 | -8,890 | -56,805 | -79,680 | -78,692 | -105,908 | -108,836 | -60,247 | -78,098 | -40,488 | -52,848 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 35,332 | 85,430 | -12,087 | -726 | -14,446 | 1,267 | 18,965 | -17,973 | -201,328 | -7,740 | -1,631,935 | 571,661 | 1,365,580 |
| Creditors | -449,585 | 158,552 | -305,726 | -146,147 | 69,738 | -60,117 | -62,497 | 437,831 | -94,176 | 190,837 | -1,005,827 | 256,575 | 1,013,542 |
| Accruals and Deferred Income | -44,147 | 64,372 | -44,515 | -29,433 | 18,879 | 17,523 | -74,122 | 64,647 | -13,865 | 2,872 | 20 | 109,769 | 0 |
| Deferred Taxes & Provisions | -6 | -2,974 | -186 | -3,020 | 1,943 | -3,546 | 497 | 241 | 171 | -1,058 | 11,938 | 0 | 0 |
| Cash flow from operations | -498,070 | 273,542 | -278,408 | 92,296 | 474,773 | 300,998 | 301,180 | 952,224 | 317,541 | 472,724 | 948,209 | -53,758 | |
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | -14,523 | -41,557 | -16,312 | 0 | -32,144 | -35,764 | -22,198 | -52,573 | -10,582 | ||
| Change in Investments | 0 | -100 | 0 | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 100 | 0 | -14,523 | -41,557 | -16,312 | 0 | -32,244 | -35,764 | -22,198 | -52,573 | -10,582 | ||
| Financing Activities | |||||||||||||
| Bank loans | -10,000 | 9,167 | 833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 770,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -239,150 | -10,017 | 249,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | -8 | 312 | 292 | 101 | -53 | 1,093 | 1,899 | 4,641 | 4,135 | -943 | -5,195 | |
| cash flow from financing | 520,703 | -858 | 250,312 | 292 | 101 | -53 | 1,093 | 1,899 | 4,641 | 4,135 | -943 | -5,195 | |
| cash and cash equivalents | |||||||||||||
| cash | 687 | 268,128 | -251,756 | -201,681 | 103,317 | -2,855 | -375,072 | 622,308 | -3,580 | 245,057 | 21,788 | -60,081 | 429,740 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 687 | 268,128 | -251,756 | -201,681 | 103,317 | -2,855 | -375,072 | 622,308 | -3,580 | 245,057 | 21,788 | -60,081 | 429,740 |
P&L
December 2022turnover
1.5m
+51%
operating profit
6k
-96%
gross margin
89.3%
-7.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
158k
+0.02%
total assets
1m
+0.03%
cash
796k
0%
net assets
Total assets minus all liabilities
guaranteed conveyancing solutions limited company details
company number
03623950
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
August 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
eca court, 24-26 south park, 24-26 south park, sevenoaks, kent, TN13 1DU
last accounts submitted
December 2022
guaranteed conveyancing solutions 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 guaranteed conveyancing solutions limited. Currently there are 0 open charges and 2 have been satisfied in the past.
guaranteed conveyancing solutions limited Companies House Filings - See Documents
| date | description | view/download |
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