gravitax ltd
gravitax ltd Company Information
Company Number
04354944
Next Accounts
Oct 2025
Directors
Shareholders
stephen jonathan morrell
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
wellington house aviator court, york, YO30 4UZ
Website
www.morrell-middleton.co.ukgravitax ltd Estimated Valuation
Pomanda estimates the enterprise value of GRAVITAX LTD at £80k based on a Turnover of £79.3k and 1.01x industry multiple (adjusted for size and gross margin).
gravitax ltd Estimated Valuation
Pomanda estimates the enterprise value of GRAVITAX LTD at £949.5k based on an EBITDA of £146.4k and a 6.49x industry multiple (adjusted for size and gross margin).
gravitax ltd Estimated Valuation
Pomanda estimates the enterprise value of GRAVITAX LTD at £574.3k based on Net Assets of £189.9k and 3.02x industry multiple (adjusted for liquidity).
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Gravitax Ltd Overview
Gravitax Ltd is a live company located in york, YO30 4UZ with a Companies House number of 04354944. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2002, it's largest shareholder is stephen jonathan morrell with a 100% stake. Gravitax Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £79.3k with unknown growth in recent years.
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Gravitax Ltd Health Check
Pomanda's financial health check has awarded Gravitax Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
3 Weak
Size
annual sales of £79.3k, make it smaller than the average company (£203.5k)
- Gravitax Ltd
£203.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gravitax Ltd
- - Industry AVG
Production
with a gross margin of 94.9%, this company has a comparable cost of product (94.9%)
- Gravitax Ltd
94.9% - Industry AVG
Profitability
an operating margin of 184.5% make it more profitable than the average company (11.3%)
- Gravitax Ltd
11.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Gravitax Ltd
3 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Gravitax Ltd
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £79.3k, this is equally as efficient (£79.3k)
- Gravitax Ltd
£79.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gravitax Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gravitax Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gravitax Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gravitax Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.7%, this is a higher level of debt than the average (50.5%)
74.7% - Gravitax Ltd
50.5% - Industry AVG
GRAVITAX LTD financials
Gravitax Ltd's latest turnover from January 2024 is estimated at £79.4 thousand and the company has net assets of £189.9 thousand. According to their latest financial statements, Gravitax Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 750,000 | 750,000 | 750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 750,000 | 750,000 | 750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 750,000 | 750,000 | 750,000 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 560,088 | 620,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 660,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 90 | 90 | 90 | 90 | 90 | 90 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 560,088 | 620,088 | 660,088 | 90 | 90 | 90 | 90 | 90 | 90 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 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 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 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 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 560,088 | 620,088 | 660,088 | 90 | 90 | 90 | 90 | 90 | 90 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 189,912 | 129,912 | 89,912 | -88 | -88 | -88 | -88 | -88 | -88 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 189,912 | 129,912 | 89,912 | -88 | -88 | -88 | -88 | -88 | -88 | 0 | 0 | 0 | 0 | 0 | 0 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | -660,088 | 660,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -90 | 0 | 0 | 0 | 0 | 0 | 90 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -60,000 | 620,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 60,000 | -620,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
gravitax ltd Credit Report and Business Information
Gravitax Ltd Competitor Analysis
Perform a competitor analysis for gravitax ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in YO30 area or any other competitors across 12 key performance metrics.
gravitax ltd Ownership
GRAVITAX LTD group structure
Gravitax Ltd has 1 subsidiary company.
gravitax ltd directors
Gravitax Ltd currently has 1 director, Mr Stephen Morrell serving since Aug 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Morrell | United Kingdom | 57 years | Aug 2002 | - | Director |
P&L
January 2024turnover
79.3k
+5%
operating profit
146.4k
0%
gross margin
94.9%
+8.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
189.9k
+0.46%
total assets
750k
0%
cash
0
0%
net assets
Total assets minus all liabilities
gravitax ltd company details
company number
04354944
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
January 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
gravitas accountants ltd (October 2024)
morrell middleton limited (March 2021)
accountant
-
auditor
-
address
wellington house aviator court, york, YO30 4UZ
Bank
-
Legal Advisor
-
gravitax 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 did not find charges/mortgages relating to gravitax ltd.
gravitax 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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gravitax ltd Companies House Filings - See Documents
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