grk properties limited

grk properties limited Company Information

Share GRK PROPERTIES LIMITED
Live 
MatureMicroDeclining

Company Number

04622026

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

elaine alder-barber

glenn paul hann

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Group Structure

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Contact

Registered Address

1 parndon lodge, parndon mill lane, harlow, essex, CM20 2HR

grk properties limited Estimated Valuation

£679.5k

Pomanda estimates the enterprise value of GRK PROPERTIES LIMITED at £679.5k based on a Turnover of £201k and 3.38x industry multiple (adjusted for size and gross margin).

grk properties limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of GRK PROPERTIES LIMITED at £1.7m based on an EBITDA of £239.4k and a 6.97x industry multiple (adjusted for size and gross margin).

grk properties limited Estimated Valuation

£10m

Pomanda estimates the enterprise value of GRK PROPERTIES LIMITED at £10m based on Net Assets of £5.8m and 1.74x industry multiple (adjusted for liquidity).

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Grk Properties Limited Overview

Grk Properties Limited is a live company located in harlow, CM20 2HR with a Companies House number of 04622026. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2002, it's largest shareholder is elaine alder-barber with a 50% stake. Grk Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £201k with declining growth in recent years.

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Grk Properties Limited Health Check

Pomanda's financial health check has awarded Grk Properties Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £201k, make it smaller than the average company (£1m)

£201k - Grk Properties Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (3.6%)

-31% - Grk Properties Limited

3.6% - Industry AVG

production

Production

with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)

71.1% - Grk Properties Limited

71.1% - Industry AVG

profitability

Profitability

an operating margin of 113.7% make it more profitable than the average company (22.4%)

113.7% - Grk Properties Limited

22.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Grk Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Grk Properties Limited

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £201k, this is equally as efficient (£201k)

£201k - Grk Properties Limited

£201k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Grk Properties Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Grk Properties Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grk Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (11 weeks)

24 weeks - Grk Properties Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.1%, this is a lower level of debt than the average (71.1%)

22.1% - Grk Properties Limited

71.1% - Industry AVG

GRK PROPERTIES LIMITED financials

EXPORTms excel logo

Grk Properties Limited's latest turnover from December 2023 is estimated at £201 thousand and the company has net assets of £5.8 million. According to their latest financial statements, Grk Properties Limited has 1 employee and maintains cash reserves of £123.5 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
Turnover201,01000624,222625,553917,773856,825802,049823,080228,243256,320335,848254,47500
Other Income Or Grants000000000000000
Cost Of Sales58,18500194,500205,667283,114248,409219,730269,06783,35993,927122,41992,54700
Gross Profit142,82600429,721419,887634,660608,416582,319554,013144,884162,393213,428161,92700
Admin Expenses-85,717-185,459-261,1721,315,570165,230411,041390,376-132,023-979,13635,67168,077111,32762,054-523,690-356,470
Operating Profit228,543185,459261,172-885,849254,657223,619218,040714,3421,533,149109,21394,316102,10199,873523,690356,470
Interest Payable86,59838,8212,9531,5250000000018,84818,8480
Interest Receivable6,1542,56717371149001363318292126988544
Pre-Tax Profit148,100149,205258,393-887,303254,806223,619218,040714,4781,533,480109,29594,408102,22681,123504,928356,514
Tax-37,025-28,349-49,0950-48,413-42,488-41,428-142,895-306,696-22,952-21,714-24,534-21,092-141,380-99,824
Profit After Tax111,075120,856209,298-887,303206,393181,131176,612571,5821,226,78486,34372,69477,69260,031363,548256,690
Dividends Paid000000000000000
Retained Profit111,075120,856209,298-887,303206,393181,131176,612571,5821,226,78486,34372,69477,69260,031363,548256,690
Employee Costs32,98500141,30058,09655,798185,840159,696133,04351,33348,82448,18247,30600
Number Of Employees100522765222200
EBITDA*239,356185,459261,172-885,849254,657223,619218,040714,3421,533,149109,21394,316103,111100,883524,700357,480

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets32,4370004,984,6314,530,9814,514,3993,964,2232,812,0361,324,3541,324,3541,416,1171,417,1271,418,137719,969
Intangible Assets000000000000000
Investments & Other7,215,0007,215,0007,215,0005,167,91300000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets7,247,4377,215,0007,215,0005,167,9134,984,6314,530,9814,514,3993,964,2232,812,0361,324,3541,324,3541,416,1171,417,1271,418,137719,969
Stock & work in progress000000000000000
Trade Debtors0004,0414,04142,08919,86448,23828,23311,87013,34413,2805,280050
Group Debtors20,00200000000000000
Misc Debtors000000000000000
Cash123,495110,95835,702102,92139,787000108,54323,6938,95527,72422,57316,61317,511
misc current assets0000005,4611,5421,5421,0701,3045595631,8630
total current assets143,497110,95835,702106,96243,82846,15625,32549,780138,31836,63323,60341,56328,41618,47617,561
total assets7,390,9347,325,9587,250,7025,274,8755,028,4594,577,1374,539,7244,014,0032,950,3541,360,9871,347,9571,457,6801,445,5431,436,613737,530
Bank overdraft10,64810,64810,648000000000000
Bank loan000000000000000
Trade Creditors 000596,800575,474796,402779,120465,011623,719120,301142,147225,064234,622027,767
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities248,894288,916343,824000000000000
total current liabilities259,542299,564354,472596,800575,474796,402779,120465,011623,719120,301142,147225,064234,622027,767
loans756,071762,14833,83850,000000000000579,9260
hp & lease commitments000000000000000
Accruals and Deferred Income0000014,000140,00070,0000000000
other liabilities620,000620,0001,339,0021,138,4771,173,477693,628728,628763,628182,845323,680375,147474,647530,646236,443453,067
provisions000000000000000
total long term liabilities1,376,0711,382,1481,372,8401,188,4771,173,477707,628868,628833,628182,845323,680375,147474,647530,646816,369453,067
total liabilities1,635,6131,681,7121,727,3121,785,2771,748,9511,504,0301,647,7481,298,639806,564443,981517,294699,711765,268816,369480,834
net assets5,755,3215,644,2465,523,3903,489,5983,279,5083,073,1072,891,9762,715,3642,143,790917,006830,663757,969680,275620,244256,696
total shareholders funds5,755,3215,644,2465,523,3903,489,5983,279,5083,073,1072,891,9762,715,3642,143,790917,006830,663757,969680,275620,244256,696
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit228,543185,459261,172-885,849254,657223,619218,040714,3421,533,149109,21394,316102,10199,873523,690356,470
Depreciation10,81300000000001,0101,0101,0101,010
Amortisation000000000000000
Tax-37,025-28,349-49,0950-48,413-42,488-41,428-142,895-306,696-22,952-21,714-24,534-21,092-141,380-99,824
Stock000000000000000
Debtors20,0020-4,0410-38,04822,225-28,37420,00516,363-1,474648,0005,280-5050
Creditors00-596,80021,326-220,92817,282314,109-158,708503,418-21,846-82,917-9,558234,622-27,76727,767
Accruals and Deferred Income-40,022-54,908343,8240-14,000-126,00070,00070,0000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations142,307102,202-36,858-864,5239,36450,188589,095462,7341,713,50865,889-10,37961,019309,133355,603285,373
Investing Activities
capital expenditure-43,250004,984,631-453,650-16,582-550,176-1,152,187-1,487,682091,76300-699,178-720,979
Change in Investments002,047,0875,167,91300000000000
cash flow from investments-43,2500-2,047,087-183,282-453,650-16,582-550,176-1,152,187-1,487,682091,76300-699,178-720,979
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-6,077728,310-16,16250,00000000000-579,926579,9260
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-719,002200,525-35,000479,849-35,000-35,000580,783-140,835-51,467-99,500-55,999294,203-216,624453,067
share issue001,824,4941,097,393800-80002006
interest-80,444-36,254-2,780-1,454149001363318292126-18,750-18,76344
cash flow from financing-86,521-26,9462,006,0771,110,939480,006-35,000-35,000580,911-140,504-51,385-99,408-55,871-304,473344,539453,117
cash and cash equivalents
cash12,53775,256-67,21963,13439,78700-108,54384,85014,738-18,7695,1515,960-89817,511
overdraft0010,648000000000000
change in cash12,53775,256-77,86763,13439,78700-108,54384,85014,738-18,7695,1515,960-89817,511

grk properties 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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Grk Properties Limited Competitor Analysis

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Perform a competitor analysis for grk properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CM20 area or any other competitors across 12 key performance metrics.

grk properties limited Ownership

GRK PROPERTIES LIMITED group structure

Grk Properties Limited has no subsidiary companies.

Ultimate parent company

GRK PROPERTIES LIMITED

04622026

GRK PROPERTIES LIMITED Shareholders

elaine alder-barber 50%
glenn paul hann 25%
annette hann 25%

grk properties limited directors

Grk Properties Limited currently has 3 directors. The longest serving directors include Mr Glenn Hann (Dec 2002) and Mrs Elaine Alder-Barber (Jan 2021).

officercountryagestartendrole
Mr Glenn Hann66 years Dec 2002- Director
Mrs Elaine Alder-BarberEngland64 years Jan 2021- Director
Mrs Annette HannEngland63 years Jan 2021- Director

P&L

December 2023

turnover

201k

0%

operating profit

228.5k

0%

gross margin

71.1%

0%

turnover

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

Balance Sheet

December 2023

net assets

5.8m

+0.02%

total assets

7.4m

+0.01%

cash

123.5k

+0.11%

net assets

Total assets minus all liabilities

grk properties limited company details

company number

04622026

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

December 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

MYERS & CO ACCOUNTANTS LIMITED

auditor

-

address

1 parndon lodge, parndon mill lane, harlow, essex, CM20 2HR

Bank

-

Legal Advisor

-

grk properties 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 13 charges/mortgages relating to grk properties limited. Currently there are 11 open charges and 2 have been satisfied in the past.

grk properties 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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grk properties limited Companies House Filings - See Documents

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