gartside limited Company Information
Company Number
04361053
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
gartside investments ltd
Group Structure
View All
Contact
Registered Address
c/o allied london, suite 1,, bonded warehouse, manchester, greater manchester, M3 4AP
Website
gartsideboats.comgartside limited Estimated Valuation
Pomanda estimates the enterprise value of GARTSIDE LIMITED at £52.8m based on a Turnover of £12.1m and 4.37x industry multiple (adjusted for size and gross margin).
gartside limited Estimated Valuation
Pomanda estimates the enterprise value of GARTSIDE LIMITED at £108.1m based on an EBITDA of £12m and a 9.02x industry multiple (adjusted for size and gross margin).
gartside limited Estimated Valuation
Pomanda estimates the enterprise value of GARTSIDE LIMITED at £6.4m based on Net Assets of £3.7m and 1.74x industry multiple (adjusted for liquidity).
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Gartside Limited Overview
Gartside Limited is a live company located in manchester, M3 4AP with a Companies House number of 04361053. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2002, it's largest shareholder is gartside investments ltd with a 100% stake. Gartside Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.1m with low growth in recent years.
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Gartside Limited Health Check
Pomanda's financial health check has awarded Gartside Limited 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
4 Strong
1 Regular
4 Weak
Size
annual sales of £12.1m, make it larger than the average company (£1m)
£12.1m - Gartside Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.6%)
1% - Gartside Limited
3.6% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
71% - Gartside Limited
71% - Industry AVG
Profitability
an operating margin of 99.4% make it more profitable than the average company (22.4%)
99.4% - Gartside Limited
22.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Gartside Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Gartside Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £6m, this is more efficient (£201.2k)
£6m - Gartside Limited
£201.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gartside Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
0 days - Gartside Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gartside Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (11 weeks)
53 weeks - Gartside Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (71.1%)
98.2% - Gartside Limited
71.1% - Industry AVG
GARTSIDE LIMITED financials
Gartside Limited's latest turnover from December 2023 is £12.1 million and the company has net assets of £3.7 million. According to their latest financial statements, Gartside Limited has 2 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,064,681 | 11,990,084 | 11,853,048 | 11,742,576 | 11,578,984 | 11,452,521 | 11,333,166 | 11,190,420 | 10,985,160 | 10,826,088 | 10,674,374 | 10,526,644 | 10,318,598 | 10,116,113 | 9,925,778 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 287 | 959 | 1,235 | 773 | 267 | |||||
Gross Profit | 11,853,048 | 11,742,576 | 11,578,984 | 11,452,521 | 10,826,088 | 10,674,087 | 10,525,685 | 10,317,363 | 10,115,340 | 9,925,511 | |||||
Admin Expenses | 68,278 | 72,934 | 34,359 | 91,264 | |||||||||||
Operating Profit | 11,993,807 | 11,889,109 | 11,784,770 | 11,669,642 | 11,544,625 | 11,361,257 | -11,288,429 | 11,149,779 | 10,940,841 | ||||||
Interest Payable | 12,284,628 | 12,223,506 | 12,110,018 | 12,023,991 | 11,880,421 | 11,776,653 | 11,671,561 | 11,553,131 | 11,372,283 | 11,234,791 | 11,103,399 | 10,986,130 | 10,787,450 | 10,603,321 | 10,432,929 |
Interest Receivable | 2,107,926 | 2,081,646 | 2,060,035 | 2,046,641 | 2,022,248 | 2,005,006 | 1,984,615 | 1,971,218 | 1,946,728 | 1,927,940 | 1,908,386 | 1,891,185 | 1,867,737 | 1,846,075 | 1,825,700 |
Pre-Tax Profit | 1,817,105 | 1,747,249 | 1,734,787 | 1,692,292 | 1,686,452 | 1,589,610 | 1,601,483 | 1,567,866 | 1,515,286 | 1,486,164 | 1,451,217 | 1,411,601 | 1,376,252 | 1,329,676 | 1,284,073 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | 1,817,105 | 1,747,249 | 1,734,787 | 1,692,292 | 1,686,452 | 1,589,610 | 1,601,483 | 1,567,866 | 1,515,286 | 1,486,164 | 1,451,217 | 1,411,601 | 1,376,252 | 1,329,676 | 1,284,073 |
Dividends Paid | 0 | 1,734,787 | 1,692,293 | 1,686,451 | 1,589,610 | 0 | 2,789,977 | 1,894,658 | 1,486,164 | 1,451,217 | 1,763,864 | 1,369,786 | 1,331,525 | 0 | 1,802,720 |
Retained Profit | 1,817,105 | 12,462 | 42,494 | 5,841 | 96,842 | 1,589,610 | -1,188,494 | -326,792 | 29,122 | 34,947 | -312,647 | 41,815 | 44,727 | 1,329,676 | -518,647 |
Employee Costs | 0 | 0 | 0 | 0 | |||||||||||
Number Of Employees | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | |||||||
EBITDA* | 11,993,807 | 11,889,109 | 11,784,770 | 11,669,642 | 11,544,625 | 11,361,257 | -11,288,429 | 11,149,779 | 10,940,841 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 161,048,894 | 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 | 165,299,088 | 170,904,342 | 169,950,952 | 7,204,673 | 166,666,522 | 165,244,822 | 155,760,478 | 153,894,189 | 151,391,917 | 149,094,659 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,781,642 | 23,643,551 | 158,417,875 | 22,579,310 | 20,729,499 |
Total Fixed Assets | 165,299,088 | 170,904,342 | 169,950,952 | 168,253,567 | 166,666,522 | 165,244,822 | 155,760,478 | 153,894,189 | 151,391,917 | 149,094,659 | 23,781,642 | 23,643,551 | 158,417,875 | 22,579,310 | 20,729,499 |
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 | 2,947,930 | 0 | 0 | 0 | 0 | 0 | 146,958,223 | 144,971,351 | 7,397,270 | 139,776,537 | 137,061,508 |
Group Debtors | 29,672,768 | 27,566,252 | 27,211,243 | 26,838,929 | 30,893,018 | 30,453,711 | 28,456,139 | 29,263,501 | 29,185,953 | 28,719,857 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 672,277 | 666,684 | 660,863 | 654,159 | 647,577 | 639,492 | 635,272 | 628,622 | 621,350 | 614,252 | 605,373 | 597,642 | 620,154 | 612,988 | 604,360 |
Cash | 3,403,803 | 3,467,804 | 3,091,986 | 3,093,562 | 149,346 | 3,131,865 | 3,128,359 | 2,775,279 | 2,772,115 | 2,775,571 | 2,774,310 | 2,770,370 | 2,348,559 | 2,282,634 | 2,241,689 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 33,748,848 | 31,700,740 | 30,964,092 | 30,586,650 | 34,637,871 | 34,225,068 | 32,219,770 | 32,667,402 | 32,579,418 | 32,109,680 | 150,337,906 | 148,339,363 | 10,365,983 | 142,672,159 | 139,907,557 |
total assets | 199,047,936 | 202,605,082 | 200,915,044 | 198,840,217 | 201,304,393 | 199,469,890 | 187,980,248 | 186,561,591 | 183,971,335 | 181,204,339 | 174,119,548 | 171,982,914 | 168,783,858 | 165,251,469 | 160,637,056 |
Bank overdraft | 0 | 0 | 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 | 2,800 | 3,196 | 10,948 | 0 | 0 | 607 | 5,698 | 311 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,222 | 1,222 | 1,222 | 1,222 | 4,422,646 | 4,421,424 | 4,433,625 | 4,441,910 | 4,446,573 | 4,446,573 | 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 | 3,279,398 | 3,322,107 | 3,189,854 | 3,159,077 | 3,111,372 | 3,134,420 | 3,057,967 | 2,963,479 | 2,926,582 | 2,893,076 | 2,854,203 | 2,839,645 | 2,739,243 | 2,648,248 | 2,579,867 |
total current liabilities | 3,283,420 | 3,326,525 | 3,202,024 | 3,160,299 | 7,534,018 | 7,556,451 | 7,497,290 | 7,405,700 | 7,373,155 | 7,339,649 | 2,854,203 | 2,839,645 | 2,739,243 | 2,648,248 | 2,579,867 |
loans | 192,100,162 | 197,431,308 | 195,878,233 | 193,887,625 | 191,983,923 | 190,223,829 | 180,382,958 | 177,867,397 | 174,982,894 | 172,278,526 | 169,714,128 | 167,279,405 | 164,222,566 | 160,825,899 | 157,609,543 |
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 | 192,100,162 | 197,431,308 | 195,878,233 | 193,887,625 | 191,983,923 | 190,223,829 | 180,382,958 | 177,867,397 | 174,982,894 | 172,278,526 | 169,714,128 | 167,279,405 | 164,222,566 | 160,825,899 | 157,609,543 |
total liabilities | 195,383,582 | 200,757,833 | 199,080,257 | 197,047,924 | 199,517,941 | 197,780,280 | 187,880,248 | 185,273,097 | 182,356,049 | 179,618,175 | 172,568,331 | 170,119,050 | 166,961,809 | 163,474,147 | 160,189,410 |
net assets | 3,664,354 | 1,847,249 | 1,834,787 | 1,792,293 | 1,786,452 | 1,689,610 | 100,000 | 1,288,494 | 1,615,286 | 1,586,164 | 1,551,217 | 1,863,864 | 1,822,049 | 1,777,322 | 447,646 |
total shareholders funds | 3,664,354 | 1,847,249 | 1,834,787 | 1,792,293 | 1,786,452 | 1,689,610 | 100,000 | 1,288,494 | 1,615,286 | 1,586,164 | 1,551,217 | 1,863,864 | 1,822,049 | 1,777,322 | 447,646 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 11,993,807 | 11,889,109 | 11,784,770 | 11,669,642 | 11,544,625 | 11,361,257 | -11,288,429 | 11,149,779 | 10,940,841 | ||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 2,112,109 | 360,830 | 379,018 | -6,995,437 | 3,395,322 | 2,001,792 | -800,712 | 84,820 | 473,194 | -142,011,129 | 2,132,694 | 2,777,245 | 3,466,464 | 4,573,468 | 158,395,367 |
Creditors | -396 | -7,752 | 10,948 | 0 | -607 | -5,091 | 5,387 | 311 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | -42,709 | 132,253 | 30,777 | 47,705 | -23,048 | 76,453 | 94,488 | 36,897 | 33,506 | 38,873 | 14,558 | 100,402 | 90,995 | 68,381 | 2,579,867 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 9,838,593 | 11,652,780 | 11,447,477 | 18,712,784 | 8,125,648 | 9,430,827 | -10,387,842 | 11,102,167 | 10,501,153 | ||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -5,605,254 | 953,390 | 162,746,279 | -159,461,849 | 1,421,700 | 9,484,344 | 1,866,289 | 2,502,272 | 2,297,258 | 149,094,659 | 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 | -4,421,424 | 1,222 | -12,201 | -8,285 | -4,663 | 0 | 4,446,573 | 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 | -5,331,146 | 1,553,075 | 1,990,608 | 1,903,702 | 1,760,094 | 9,840,871 | 2,515,561 | 2,884,503 | 2,704,368 | 2,564,398 | 2,434,723 | 3,056,839 | 3,396,667 | 3,216,356 | 157,609,543 |
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 | -10,176,702 | -10,141,860 | -10,049,983 | -9,977,350 | -9,858,173 | -9,771,647 | -9,686,946 | -9,581,913 | -9,425,555 | -9,306,851 | -9,195,013 | -9,094,945 | -8,919,713 | -8,757,246 | -8,607,229 |
cash flow from financing | -15,507,848 | -8,588,785 | -8,059,375 | -12,495,072 | -8,096,857 | 57,023 | -7,179,670 | -6,702,073 | -6,721,187 | -2,295,880 | -6,760,290 | -6,038,106 | -5,523,046 | -5,540,890 | 149,968,607 |
cash and cash equivalents | |||||||||||||||
cash | -64,001 | 375,818 | -1,576 | 2,944,216 | -2,982,519 | 3,506 | 353,080 | 3,164 | -3,456 | 1,261 | 3,940 | 421,811 | 65,925 | 40,945 | 2,241,689 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -64,001 | 375,818 | -1,576 | 2,944,216 | -2,982,519 | 3,506 | 353,080 | 3,164 | -3,456 | 1,261 | 3,940 | 421,811 | 65,925 | 40,945 | 2,241,689 |
gartside limited Credit Report and Business Information
Gartside Limited Competitor Analysis
Perform a competitor analysis for gartside limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in M 3 area or any other competitors across 12 key performance metrics.
gartside limited Ownership
GARTSIDE LIMITED group structure
Gartside Limited has no subsidiary companies.
Ultimate parent company
CAPITAL HOLDCO LTD
#0068012
2 parents
GARTSIDE LIMITED
04361053
gartside limited directors
Gartside Limited currently has 1 director, Mr Frederick Graham-Watson serving since Apr 2002.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Frederick Graham-Watson | 67 years | Apr 2002 | - | Director |
P&L
December 2023turnover
12.1m
+1%
operating profit
12m
+1%
gross margin
71.1%
+1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.7m
+0.98%
total assets
199m
-0.02%
cash
3.4m
-0.02%
net assets
Total assets minus all liabilities
gartside limited company details
company number
04361053
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
January 2002
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
spinningfields nominee 1 limited (October 2003)
hamsard 2480 limited (April 2002)
accountant
-
auditor
SUMER AUDITCO LIMITED
address
c/o allied london, suite 1,, bonded warehouse, manchester, greater manchester, M3 4AP
Bank
-
Legal Advisor
-
gartside 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 4 charges/mortgages relating to gartside limited. Currently there are 1 open charges and 3 have been satisfied in the past.
gartside 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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gartside limited Companies House Filings - See Documents
date | description | view/download |
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