gartside limited

gartside limited Company Information

Share GARTSIDE LIMITED
Live 
MatureMidLow

Company Number

04361053

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

gartside investments ltd

Group Structure

View All

Contact

Registered Address

c/o allied london, suite 1,, bonded warehouse, manchester, greater manchester, M3 4AP

gartside limited Estimated Valuation

£52.8m

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

£108.1m

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

£6.4m

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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £12.1m, make it larger than the average company (£1m)

£12.1m - Gartside Limited

£1m - Industry AVG

growth

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

Production

with a gross margin of 71%, this company has a comparable cost of product (71%)

71% - Gartside Limited

71% - Industry AVG

profitability

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

Employees

with 2 employees, this is below the industry average (4)

2 - Gartside Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Gartside Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £6m, this is more efficient (£201.2k)

£6m - Gartside Limited

£201.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Gartside Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (35 days)

0 days - Gartside Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gartside Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover12,064,68111,990,08411,853,04811,742,57611,578,98411,452,52111,333,16611,190,42010,985,16010,826,08810,674,37410,526,64410,318,59810,116,1139,925,778
Other Income Or Grants000000000000000
Cost Of Sales3,495,0683,575,49500003,299,0153,086,8213,598,93102879591,235773267
Gross Profit8,569,6138,414,58911,853,04811,742,57611,578,98411,452,5218,034,1518,103,5997,386,22910,826,08810,674,08710,525,68510,317,36310,115,3409,925,511
Admin Expenses-3,424,194-3,474,52068,27872,93434,35991,26419,322,580-3,046,180-3,554,612-2,156,019-2,149,039-2,092,701-2,094,934-2,069,2733,025,370
Operating Profit11,993,80711,889,10911,784,77011,669,64211,544,62511,361,257-11,288,42911,149,77910,940,84112,982,10712,823,12612,618,38612,412,29712,184,6136,900,141
Interest Payable12,284,62812,223,50612,110,01812,023,99111,880,42111,776,65311,671,56111,553,13111,372,28311,234,79111,103,39910,986,13010,787,45010,603,32110,432,929
Interest Receivable2,107,9262,081,6462,060,0352,046,6412,022,2482,005,0061,984,6151,971,2181,946,7281,927,9401,908,3861,891,1851,867,7371,846,0751,825,700
Pre-Tax Profit1,817,1051,747,2491,734,7871,692,2921,686,4521,589,6101,601,4831,567,8661,515,2861,486,1641,451,2171,411,6011,376,2521,329,6761,284,073
Tax000000000000000
Profit After Tax1,817,1051,747,2491,734,7871,692,2921,686,4521,589,6101,601,4831,567,8661,515,2861,486,1641,451,2171,411,6011,376,2521,329,6761,284,073
Dividends Paid01,734,7871,692,2931,686,4511,589,61002,789,9771,894,6581,486,1641,451,2171,763,8641,369,7861,331,52501,802,720
Retained Profit1,817,10512,46242,4945,84196,8421,589,610-1,188,494-326,79229,12234,947-312,64741,81544,7271,329,676-518,647
Employee Costs00084,90987,24683,81479,76379,9031,703,0771,591,3331,469,28401,474,5211,560,2490
Number Of Employees223333336462606262650
EBITDA*11,993,80711,889,10911,784,77011,669,64211,544,62511,361,257-11,288,42911,149,77910,940,84112,982,10712,823,12612,618,38612,412,29712,184,6136,900,141

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000161,048,89400000000000
Intangible Assets000000000000000
Investments & Other165,299,088170,904,342169,950,9527,204,673166,666,522165,244,822155,760,478153,894,189151,391,917149,094,65900000
Debtors (Due After 1 year)000000000023,781,64223,643,551158,417,87522,579,31020,729,499
Total Fixed Assets165,299,088170,904,342169,950,952168,253,567166,666,522165,244,822155,760,478153,894,189151,391,917149,094,65923,781,64223,643,551158,417,87522,579,31020,729,499
Stock & work in progress000000000000000
Trade Debtors00002,947,93000000146,958,223144,971,3517,397,270139,776,537137,061,508
Group Debtors29,672,76827,566,25227,211,24326,838,92930,893,01830,453,71128,456,13929,263,50129,185,95328,719,85700000
Misc Debtors672,277666,684660,863654,159647,577639,492635,272628,622621,350614,252605,373597,642620,154612,988604,360
Cash3,403,8033,467,8043,091,9863,093,562149,3463,131,8653,128,3592,775,2792,772,1152,775,5712,774,3102,770,3702,348,5592,282,6342,241,689
misc current assets000000000000000
total current assets33,748,84831,700,74030,964,09230,586,65034,637,87134,225,06832,219,77032,667,40232,579,41832,109,680150,337,906148,339,36310,365,983142,672,159139,907,557
total assets199,047,936202,605,082200,915,044198,840,217201,304,393199,469,890187,980,248186,561,591183,971,335181,204,339174,119,548171,982,914168,783,858165,251,469160,637,056
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,8003,19610,948006075,6983110000000
Group/Directors Accounts1,2221,2221,2221,2224,422,6464,421,4244,433,6254,441,9104,446,5734,446,57300000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3,279,3983,322,1073,189,8543,159,0773,111,3723,134,4203,057,9672,963,4792,926,5822,893,0762,854,2032,839,6452,739,2432,648,2482,579,867
total current liabilities3,283,4203,326,5253,202,0243,160,2997,534,0187,556,4517,497,2907,405,7007,373,1557,339,6492,854,2032,839,6452,739,2432,648,2482,579,867
loans192,100,162197,431,308195,878,233193,887,625191,983,923190,223,829180,382,958177,867,397174,982,894172,278,526169,714,128167,279,405164,222,566160,825,899157,609,543
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities192,100,162197,431,308195,878,233193,887,625191,983,923190,223,829180,382,958177,867,397174,982,894172,278,526169,714,128167,279,405164,222,566160,825,899157,609,543
total liabilities195,383,582200,757,833199,080,257197,047,924199,517,941197,780,280187,880,248185,273,097182,356,049179,618,175172,568,331170,119,050166,961,809163,474,147160,189,410
net assets3,664,3541,847,2491,834,7871,792,2931,786,4521,689,610100,0001,288,4941,615,2861,586,1641,551,2171,863,8641,822,0491,777,322447,646
total shareholders funds3,664,3541,847,2491,834,7871,792,2931,786,4521,689,610100,0001,288,4941,615,2861,586,1641,551,2171,863,8641,822,0491,777,322447,646
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit11,993,80711,889,10911,784,77011,669,64211,544,62511,361,257-11,288,42911,149,77910,940,84112,982,10712,823,12612,618,38612,412,29712,184,6136,900,141
Depreciation000000000000000
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors2,112,109360,830379,018-6,995,4373,395,3222,001,792-800,71284,820473,194-142,011,1292,132,6942,777,2453,466,4644,573,468158,395,367
Creditors-396-7,75210,9480-607-5,0915,3873110000000
Accruals and Deferred Income-42,709132,25330,77747,705-23,04876,45394,48836,89733,50638,87314,558100,40290,99568,3812,579,867
Deferred Taxes & Provisions000000000000000
Cash flow from operations9,838,59311,652,78011,447,47718,712,7848,125,6489,430,827-10,387,84211,102,16710,501,153155,032,10910,704,9909,941,5439,036,8287,679,526-148,915,359
Investing Activities
capital expenditure00161,048,894-161,048,89400000000000
Change in Investments-5,605,254953,390162,746,279-159,461,8491,421,7009,484,3441,866,2892,502,2722,297,258149,094,65900000
cash flow from investments5,605,254-953,390-1,697,385-1,587,045-1,421,700-9,484,344-1,866,289-2,502,272-2,297,258-149,094,65900000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000-4,421,4241,222-12,201-8,285-4,66304,446,57300000
Other Short Term Loans 000000000000000
Long term loans-5,331,1461,553,0751,990,6081,903,7021,760,0949,840,8712,515,5612,884,5032,704,3682,564,3982,434,7233,056,8393,396,6673,216,356157,609,543
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000966,293
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-15,507,848-8,588,785-8,059,375-12,495,072-8,096,85757,023-7,179,670-6,702,073-6,721,187-2,295,880-6,760,290-6,038,106-5,523,046-5,540,890149,968,607
cash and cash equivalents
cash-64,001375,818-1,5762,944,216-2,982,5193,506353,0803,164-3,4561,2613,940421,81165,92540,9452,241,689
overdraft000000000000000
change in cash-64,001375,818-1,5762,944,216-2,982,5193,506353,0803,164-3,4561,2613,940421,81165,92540,9452,241,689

gartside 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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Gartside Limited Competitor Analysis

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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 Shareholders

gartside investments ltd 100%

gartside limited directors

Gartside Limited currently has 1 director, Mr Frederick Graham-Watson serving since Apr 2002.

officercountryagestartendrole
Mr Frederick Graham-Watson67 years Apr 2002- Director

P&L

December 2023

turnover

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 2023

net 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

CAPITAL HOLDCO LTD

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

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