goodcorporation limited

goodcorporation limited Company Information

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Company Number

03983681

Industry

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

 

Directors

Leo Martin

George Houpis

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Shareholders

vicky pryce

michael littlechild

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Group Structure

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Contact

Registered Address

2-3 melbray mews, london, SW6 3NS

goodcorporation limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of GOODCORPORATION LIMITED at £1.8m based on a Turnover of £2.9m and 0.63x industry multiple (adjusted for size and gross margin).

goodcorporation limited Estimated Valuation

£397.1k

Pomanda estimates the enterprise value of GOODCORPORATION LIMITED at £397.1k based on an EBITDA of £86.6k and a 4.58x industry multiple (adjusted for size and gross margin).

goodcorporation limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of GOODCORPORATION LIMITED at £3.2m based on Net Assets of £1.4m and 2.22x industry multiple (adjusted for liquidity).

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Goodcorporation Limited Overview

Goodcorporation Limited is a live company located in london, SW6 3NS with a Companies House number of 03983681. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2000, it's largest shareholder is vicky pryce with a 21.6% stake. Goodcorporation Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.

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Goodcorporation Limited Health Check

Pomanda's financial health check has awarded Goodcorporation Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £2.9m, make it in line with the average company (£2.8m)

£2.9m - Goodcorporation Limited

£2.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (7%)

25% - Goodcorporation Limited

7% - Industry AVG

production

Production

with a gross margin of 45%, this company has a comparable cost of product (45%)

45% - Goodcorporation Limited

45% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it less profitable than the average company (5.7%)

2.4% - Goodcorporation Limited

5.7% - Industry AVG

employees

Employees

with 33 employees, this is above the industry average (21)

33 - Goodcorporation Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)

£52.9k - Goodcorporation Limited

£52.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88k, this is less efficient (£124.7k)

£88k - Goodcorporation Limited

£124.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is near the average (56 days)

63 days - Goodcorporation Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (31 days)

5 days - Goodcorporation Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Goodcorporation Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (26 weeks)

74 weeks - Goodcorporation Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (52.9%)

32.1% - Goodcorporation Limited

52.9% - Industry AVG

GOODCORPORATION LIMITED financials

EXPORTms excel logo

Goodcorporation Limited's latest turnover from December 2023 is estimated at £2.9 million and the company has net assets of £1.4 million. According to their latest financial statements, Goodcorporation Limited has 33 employees and maintains cash reserves of £964.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,904,0843,669,9132,445,2381,478,8851,941,6611,999,8951,492,836855,5851,450,1062,526,1672,474,0573,226,713988,945790,475515,858
Other Income Or Grants000000000000000
Cost Of Sales1,598,6152,058,4271,393,391834,8951,091,6181,128,156820,748451,123768,0551,341,8621,308,1551,706,454151,191156,091104,949
Gross Profit1,305,4691,611,4851,051,846643,990850,043871,739672,088404,462682,0511,184,3041,165,9011,520,258837,754634,384410,909
Admin Expenses1,234,9471,101,9531,069,851729,270737,543828,397654,470378,538543,360981,112983,0621,373,563735,853586,238377,435
Operating Profit70,522509,532-18,005-85,280112,50043,34217,61825,924138,691203,192182,839146,695101,90148,14633,474
Interest Payable3,23410,92512,5787,01500000003251100
Interest Receivable51,89829,7821,9057664,4864,5774,0822,1023,9663,3052,3051,879772648240
Pre-Tax Profit119,185528,389-28,678-91,529116,98647,92021,70028,026142,658206,497185,144148,249102,66248,79433,714
Tax-29,796-100,39400-22,227-9,105-4,123-5,605-28,531-43,364-42,583-35,580-28,055-10,862-7,124
Profit After Tax89,389427,995-28,678-91,52994,75938,81517,57722,421114,126163,133142,561112,66974,60737,93226,590
Dividends Paid000000000000000
Retained Profit89,389427,995-28,678-91,52994,75938,81517,57722,421114,126163,133142,561112,66974,60737,93226,590
Employee Costs1,744,8251,214,603875,940713,128715,004646,650625,436482,611487,495961,470935,4911,144,002362,861313,7220
Number Of Employees332418151514141111222228980
EBITDA*86,637514,578-5,211-73,196124,58451,54224,27835,164145,531209,672189,936151,698103,97949,44835,280

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets47,5149,29610,71120,10030,70436,99821,22525,39427,34626,91624,74821,99210,9257,3627,070
Intangible Assets97,49000000000000000
Investments & Other6,2706,2706,2706,2706,2706,2706,27000000000
Debtors (Due After 1 year)39,60534,35634,35634,35634,35634,356016,32016,32016,32016,3200010,00010,000
Total Fixed Assets190,87949,92251,33760,72671,33077,62427,49541,71443,66643,23641,06821,99210,92517,36217,070
Stock & work in progress000000000000000
Trade Debtors507,490876,423553,263273,314394,875457,930320,679128,349286,203374,303396,290489,277266,29515,655129,217
Group Debtors258,90572,850116,872147,287123,660104,9359,14900000000
Misc Debtors197,524132,892100,967103,27877,968124,39284,8412,177126,4730000130,852128,368
Cash964,9031,012,156689,677834,198697,472498,871721,759910,970770,988815,527506,654415,263336,162245,527114,489
misc current assets000000047,8960000000
total current assets1,928,8222,094,3211,460,7791,358,0771,293,9751,186,1281,136,4281,089,3921,183,6641,189,830902,944904,540602,457392,034372,074
total assets2,119,7012,144,2431,512,1161,418,8031,365,3051,263,7521,163,9231,131,1061,227,3301,233,066944,012926,532613,382409,396389,144
Bank overdraft000000000000000
Bank loan057,500115,00055,96300000000000
Trade Creditors 26,01135,72133,59016,87667,05953,48319,97116,93851,164412,509291,251416,83947,08916,0369,776
Group/Directors Accounts118,042067,77039,267020,96400000020,00020,0000
other short term finances00000000000010,00010,0000
hp & lease commitments000000000000000
other current liabilities527,492639,943255,250119,611192,164177,211169,37471,046241,201000139,26940,94394,884
total current liabilities671,545733,164471,610231,717259,223251,658189,34587,984292,365412,509291,251416,839216,35886,979104,660
loans0057,500174,03700000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000086,1230000000
other liabilities000000000000000
provisions7,7752061281,4932,9973,7685,0675,0655,4525,1705070000
total long term liabilities7,77520657,628175,5302,9973,7685,06791,1885,4525,1705070000
total liabilities679,320733,370529,238407,247262,220255,426194,412179,172297,817417,679291,758416,839216,35886,979104,660
net assets1,440,3811,410,873982,8781,011,5561,103,0851,008,326969,511951,934929,513815,387652,254509,693397,024322,417284,484
total shareholders funds1,440,3811,410,873982,8781,011,5561,103,0851,008,326969,511951,934929,513815,387652,254509,693397,024322,417284,484
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit70,522509,532-18,005-85,280112,50043,34217,61825,924138,691203,192182,839146,695101,90148,14633,474
Depreciation12,3165,04612,79412,08412,0848,2006,6609,2406,8406,4807,0975,0032,0781,3021,806
Amortisation3,79900000000000000
Tax-29,796-100,39400-22,227-9,105-4,123-5,605-28,531-43,364-42,583-35,580-28,055-10,862-7,124
Stock000000000000000
Debtors-112,997311,063247,223-72,624-90,754306,944267,823-282,15038,373-21,987-76,667222,982109,788-111,078267,585
Creditors-9,7102,13116,714-50,18313,57633,5123,033-34,226-361,345121,258-125,588369,75031,0536,2609,776
Accruals and Deferred Income-112,451384,693135,639-72,55314,9537,83712,205-84,032241,20100-139,26998,326-53,94194,884
Deferred Taxes & Provisions7,56978-1,365-1,504-771-1,2992-3872824,6635070000
Cash flow from operations55,246490,023-101,446-124,812220,869-224,457-232,428193,064-41,235314,21698,939123,61795,515101,983-134,769
Investing Activities
capital expenditure-151,823-3,631-3,405-1,480-5,790-23,973-2,491-7,288-7,270-8,648-9,853-16,070-5,641-1,594-8,876
Change in Investments0000006,27000000000
cash flow from investments-151,823-3,631-3,405-1,480-5,790-23,973-8,761-7,288-7,270-8,648-9,853-16,070-5,641-1,594-8,876
Financing Activities
Bank loans-57,500-57,50059,03755,96300000000000
Group/Directors Accounts118,042-67,77028,50339,267-20,96420,96400000-20,000020,0000
Other Short Term Loans 00000000000-10,000010,0000
Long term loans0-57,500-116,537174,03700000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue-59,8810000000000001257,894
interest48,66418,857-10,673-6,2494,4864,5774,0822,1023,9663,3052,3051,554761648240
cash flow from financing49,325-163,913-39,670263,018-16,47825,5414,0822,1023,9663,3052,305-28,44676130,649258,134
cash and cash equivalents
cash-47,253322,479-144,521136,726198,601-222,888-189,211139,982-44,539308,87391,39179,10190,635131,038114,489
overdraft000000000000000
change in cash-47,253322,479-144,521136,726198,601-222,888-189,211139,982-44,539308,87391,39179,10190,635131,038114,489

goodcorporation 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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Goodcorporation Limited Competitor Analysis

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Perform a competitor analysis for goodcorporation limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SW6 area or any other competitors across 12 key performance metrics.

goodcorporation limited Ownership

GOODCORPORATION LIMITED group structure

Goodcorporation Limited has no subsidiary companies.

Ultimate parent company

GOODCORPORATION LIMITED

03983681

GOODCORPORATION LIMITED Shareholders

vicky pryce 21.65%
michael littlechild 17.97%
michael zilkha 15.37%
leo martin 14.89%
goodcorporation limited 11.25%
george houpis 7.06%
anna diamantopoulou 4.46%
chris huhne 2.59%
peter huhne 1.3%
tal billis 1.22%

goodcorporation limited directors

Goodcorporation Limited currently has 7 directors. The longest serving directors include Mr Leo Martin (May 2000) and Mr George Houpis (Aug 2001).

officercountryagestartendrole
Mr Leo MartinEngland57 years May 2000- Director
Mr George HoupisEngland60 years Aug 2001- Director
Mr Michael Littlechild70 years Aug 2001- Director
Dr Gareth ThomasEngland65 years Apr 2020- Director
Ms Vasiliki Pryce (Nee Courmouzis)England72 years Jul 2022- Director
Ms Catherine Roche56 years Jul 2022- Director
Ms Mei Powell (Nee Tan)England60 years Jul 2022- Director

P&L

December 2023

turnover

2.9m

-21%

operating profit

70.5k

0%

gross margin

45%

+2.37%

turnover

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

Balance Sheet

December 2023

net assets

1.4m

+0.02%

total assets

2.1m

-0.01%

cash

964.9k

-0.05%

net assets

Total assets minus all liabilities

goodcorporation limited company details

company number

03983681

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

May 2000

age

24

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

goodcorporation.com limited (September 2001)

good corporation.com limited (June 2000)

accountant

WELLDEN TURNBULL LTD

auditor

-

address

2-3 melbray mews, london, SW6 3NS

Bank

-

Legal Advisor

-

goodcorporation 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 goodcorporation limited. Currently there are 6 open charges and 0 have been satisfied in the past.

goodcorporation 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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goodcorporation limited Companies House Filings - See Documents

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