gridcert limited
gridcert limited Company Information
Company Number
04558060
Next Accounts
Jul 2025
Shareholders
paul richard boam
mrs debra anne boam
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
28 collier close, ely, cambs, CB6 3WX
Website
-gridcert limited Estimated Valuation
Pomanda estimates the enterprise value of GRIDCERT LIMITED at £104.8k based on a Turnover of £174.2k and 0.6x industry multiple (adjusted for size and gross margin).
gridcert limited Estimated Valuation
Pomanda estimates the enterprise value of GRIDCERT LIMITED at £0 based on an EBITDA of £-13.4k and a 4.32x industry multiple (adjusted for size and gross margin).
gridcert limited Estimated Valuation
Pomanda estimates the enterprise value of GRIDCERT LIMITED at £32.4k based on Net Assets of £14.1k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gridcert Limited Overview
Gridcert Limited is a live company located in cambs, CB6 3WX with a Companies House number of 04558060. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 2002, it's largest shareholder is paul richard boam with a 50% stake. Gridcert Limited is a mature, micro sized company, Pomanda has estimated its turnover at £174.2k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gridcert Limited Health Check
Pomanda's financial health check has awarded Gridcert Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £174.2k, make it smaller than the average company (£1.8m)
- Gridcert Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.2%)
- Gridcert Limited
6.2% - Industry AVG
Production
with a gross margin of 44.6%, this company has a comparable cost of product (44.6%)
- Gridcert Limited
44.6% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (5.7%)
- Gridcert Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Gridcert Limited
18 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
- Gridcert Limited
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £87.1k, this is less efficient (£117.9k)
- Gridcert Limited
£117.9k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (57 days)
- Gridcert Limited
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gridcert Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gridcert Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (28 weeks)
35 weeks - Gridcert Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.7%, this is a higher level of debt than the average (52.5%)
77.7% - Gridcert Limited
52.5% - Industry AVG
GRIDCERT LIMITED financials
Gridcert Limited's latest turnover from October 2023 is estimated at £174.2 thousand and the company has net assets of £14.1 thousand. According to their latest financial statements, Gridcert Limited has 2 employees and maintains cash reserves of £32.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,271 | 1,681 | 2,597 | 2,065 | 1,582 | 662 | 883 | 1,177 | 1,569 | 1,621 | 781 | 1,041 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,271 | 1,681 | 2,597 | 2,065 | 1,582 | 662 | 883 | 1,177 | 1,569 | 1,621 | 781 | 1,041 | |||
| Stock & work in progress | 1,907 | 2,856 | 1,131 | ||||||||||||
| Trade Debtors | 21,191 | 14,000 | 12,377 | 14,256 | 20,333 | 14,420 | 11,674 | 1,206 | 6,439 | 1,053 | 1,053 | 117,124 | 95,985 | 13,571 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 5,096 | 4,683 | 3,383 | 819 | 1,053 | 1,217 | 1,054 | ||||||||
| Cash | 32,677 | 51,786 | 26,654 | 10,168 | 8,383 | 14,468 | 24,398 | 18,093 | 35,317 | 30,095 | 44,788 | 81,350 | 74,638 | 65,295 | 120,836 |
| misc current assets | |||||||||||||||
| total current assets | 58,964 | 70,469 | 42,414 | 25,243 | 30,623 | 32,797 | 38,420 | 19,147 | 36,523 | 36,534 | 45,841 | 82,403 | 191,762 | 161,280 | 134,407 |
| total assets | 63,235 | 72,150 | 45,011 | 27,308 | 32,205 | 33,459 | 38,420 | 19,147 | 36,523 | 37,417 | 47,018 | 83,972 | 193,383 | 162,061 | 135,448 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 32,016 | 10,766 | 3,889 | 2,768 | 65,478 | 55,581 | 58,047 | ||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 48,327 | 44,478 | 34,399 | 21,867 | 23,255 | 24,122 | 36,926 | 18,863 | |||||||
| total current liabilities | 48,327 | 44,478 | 34,399 | 21,867 | 23,255 | 24,122 | 36,926 | 18,863 | 32,016 | 10,766 | 3,889 | 2,768 | 65,478 | 55,581 | 58,047 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 811 | 319 | 493 | 251 | 126 | 176 | |||||||||
| total long term liabilities | 811 | 319 | 493 | 251 | 126 | 176 | |||||||||
| total liabilities | 49,138 | 44,797 | 34,892 | 21,867 | 23,506 | 24,248 | 36,926 | 18,863 | 32,016 | 10,942 | 3,889 | 2,768 | 65,478 | 55,581 | 58,047 |
| net assets | 14,097 | 27,353 | 10,119 | 5,441 | 8,699 | 9,211 | 1,494 | 284 | 4,507 | 26,475 | 43,129 | 81,204 | 127,905 | 106,480 | 77,401 |
| total shareholders funds | 14,097 | 27,353 | 10,119 | 5,441 | 8,699 | 9,211 | 1,494 | 284 | 4,507 | 26,475 | 43,129 | 81,204 | 127,905 | 106,480 | 77,401 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,024 | 916 | 916 | 689 | 527 | 230 | 429 | 294 | 392 | 523 | 540 | 260 | 252 | ||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,907 | -949 | 1,725 | 1,131 | |||||||||||
| Debtors | 7,604 | 2,923 | 685 | -5,258 | 4,860 | 2,582 | 11,837 | -152 | -5,233 | 5,386 | -116,071 | 21,139 | 82,414 | 13,571 | |
| Creditors | -32,016 | 21,250 | 6,877 | 1,121 | -62,710 | 9,897 | -2,466 | 58,047 | |||||||
| Accruals and Deferred Income | 3,849 | 10,079 | 12,532 | -1,388 | -867 | -12,804 | 18,063 | 18,863 | |||||||
| Deferred Taxes & Provisions | 492 | -174 | 493 | -251 | 125 | 126 | -176 | 176 | |||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -19,109 | 25,132 | 16,486 | 1,785 | -6,085 | -9,930 | 6,305 | -17,224 | 5,222 | -14,693 | -36,562 | 6,712 | 9,343 | -55,541 | 120,836 |
| overdraft | |||||||||||||||
| change in cash | -19,109 | 25,132 | 16,486 | 1,785 | -6,085 | -9,930 | 6,305 | -17,224 | 5,222 | -14,693 | -36,562 | 6,712 | 9,343 | -55,541 | 120,836 |
gridcert limited Credit Report and Business Information
Gridcert Limited Competitor Analysis
Perform a competitor analysis for gridcert limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CB6 area or any other competitors across 12 key performance metrics.
gridcert limited Ownership
GRIDCERT LIMITED group structure
Gridcert Limited has no subsidiary companies.
Ultimate parent company
GRIDCERT LIMITED
04558060
gridcert limited directors
Gridcert Limited currently has 2 directors. The longest serving directors include Mrs Debra Boam (Nov 2005) and Mr Paul Boam (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Debra Boam | 55 years | Nov 2005 | - | Director | |
| Mr Paul Boam | United Kingdom | 55 years | Jul 2017 | - | Director |
P&L
October 2023turnover
174.2k
+21%
operating profit
-15.5k
0%
gross margin
44.6%
+2.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
14.1k
-0.48%
total assets
63.2k
-0.12%
cash
32.7k
-0.37%
net assets
Total assets minus all liabilities
Similar Companies
gridcert limited company details
company number
04558060
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
October 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
wirefree security systems limited (March 2014)
accountant
HACKETT GRIFFEY LLP
auditor
-
address
28 collier close, ely, cambs, CB6 3WX
Bank
-
Legal Advisor
-
gridcert 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 did not find charges/mortgages relating to gridcert limited.
gridcert 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.
Click to start generating capital raising & share issue transactions for GRIDCERT LIMITED. This can take several minutes, an email will notify you when this has completed.
gridcert limited Companies House Filings - See Documents
| date | description | view/download |
|---|
