Garratts Wolverhampton Limited

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garratts wolverhampton limited Company Information

Company Number

04701349

Next Accounts

Apr 2026

Directors

John Hitchen

Raghbir Chaggar

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Shareholders

raghbir singh chaggar

john terence hitchen

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Group Structure

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Industry

Accounting, and auditing activities

Registered Address

79 caroline street, birmingham, B3 1UP

Website

http://garratt.co.uk

garratts wolverhampton limited Estimated Valuation

£5.9m

Pomanda estimates the enterprise value of GARRATTS WOLVERHAMPTON LIMITED at £5.9m based on Net Assets of £1.9m and 3.06x industry multiple (adjusted for liquidity).

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Garratts Wolverhampton Limited is a live company located in birmingham, B3 1UP with a Companies House number of 04701349. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2003, it's largest shareholder is raghbir singh chaggar with a 37.1% stake. Garratts Wolverhampton Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.

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Pomanda's financial health check has awarded Garratts Wolverhampton Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

2 Regular

5 Weak

Size

annual sales of £1.2m, make it larger than the average company (£191.6k)

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9%)

EXPORT

Garratts Wolverhampton Limited's latest turnover from July 2024 is estimated at £1.2 million and the company has net assets of £1.9 million. According to their latest financial statements, Garratts Wolverhampton Limited has 3 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2024	Jul 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	1,237,320	1,179,976	1,158,666	1,023,735	1,274,678	1,248,424	1,365,432	1,204,518	1,343,704	1,781,712	1,671,699	1,276,291	1,692,033	1,799,214	1,907,865
Other Income Or Grants
Cost Of Sales	627,758	577,916	524,949	458,818	578,358	520,787	555,690	430,215	609,797	768,757	574,020	444,902	658,870	638,411	756,040
Gross Profit	609,562	602,059	633,718	564,917	696,320	727,637	809,742	774,304	733,907	1,012,955	1,097,679	831,390	1,033,164	1,160,803	1,151,825
Admin Expenses	562,292	168,448	384,462	337,484	570,492	694,472	714,570	669,582	639,013	944,689	991,317	834,165	1,034,932	1,100,466	136,038
Operating Profit	47,270	433,611	249,256	227,433	125,828	33,165	95,172	104,722	94,894	68,266	106,362	-2,775	-1,768	60,337	1,015,787
Interest Payable		19,595	28,563	29,249	28,710	33,051	33,643	33,679	17,858
Interest Receivable	52,738	29,103	3,579	328	143	1,175	1,070	624	1,026	887	696	444	558	824	495
Pre-Tax Profit	100,008	443,119	224,272	198,512	97,262	1,289	62,599	71,667	78,063	69,154	107,058	-2,331	-1,210	61,161	1,016,282
Tax	-25,002	-110,780	-42,612	-37,717	-18,480	-245	-11,894	-13,617	-15,612	-13,831	-22,482			-15,902	-284,559
Profit After Tax	75,006	332,339	181,660	160,795	78,782	1,044	50,705	58,050	62,450	55,323	84,576	-2,331	-1,210	45,259	731,723
Dividends Paid
Retained Profit	75,006	332,339	181,660	160,795	78,782	1,044	50,705	58,050	62,450	55,323	84,576	-2,331	-1,210	45,259	731,723
Employee Costs	114,957	699,211	661,870	631,231	622,294	916,500	974,329	926,358	960,866	358,510	467,013	389,494	448,881	536,854	420,431
Number Of Employees	3	20	20	22	22	27	33	33	32	13	17	14	18	20	20
EBITDA*	47,921	444,299	259,637	227,433	136,650	41,323	128,377	138,469	105,346	103,966	143,874	42,389	44,350	108,583	1,069,336

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2024	Jul 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets			25,983	36,364	46,858	57,680	48,470	47,426	43,130	14,890	27,402	35,282	1,072,789	56,301	79,547
Intangible Assets		875,000	875,000	875,000	875,000	875,000	875,000	900,000	925,000	950,000	975,000	1,000,000		1,050,000	1,075,000
Investments & Other			1	1	1	1	1	1	1	1	1	1		51	51
Debtors (Due After 1 year)
Total Fixed Assets		875,000	900,984	911,365	921,859	932,681	923,471	947,427	968,131	964,891	1,002,403	1,035,283	1,072,789	1,106,352	1,154,598
Stock & work in progress		100,000	87,299	113,864	114,566	96,649	127,344	112,476	110,705	89,649	124,960	168,526	136,822	124,521	98,421
Trade Debtors	726,748	615,725	619,166	532,499	628,348	575,370	596,506	433,026	429,501	473,871	409,502	318,284	398,170	444,422	418,550
Group Debtors
Misc Debtors			8,904	9,704
Cash	1,292,996	716,087	448,043	506,305	150,182	136,596	176,673	251,207	248,093	162,473	192,480	85,888	91,591	131,546	198,165
misc current assets
total current assets	2,019,744	1,431,812	1,163,412	1,162,372	893,096	808,615	900,523	796,709	788,299	725,993	726,942	572,698	626,583	700,489	715,136
total assets	2,019,744	2,306,812	2,064,396	2,073,737	1,814,955	1,741,296	1,823,994	1,744,136	1,756,430	1,690,884	1,729,345	1,607,981	1,699,372	1,806,841	1,869,734
Bank overdraft				50,000
Bank loan
Trade Creditors	2,850	184,327	9,564	22,097	180,510	182,211	231,406	180,915	230,036	211,847	222,397	121,708	165,672	188,305	199,066
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities			190,602	235,297
total current liabilities	2,850	184,327	200,166	307,394	180,510	182,211	231,406	180,915	230,036	211,847	222,397	121,708	165,672	188,305	199,066
loans			356,276	440,049	468,946	472,368	506,915	528,253	549,476
hp & lease commitments
Accruals and Deferred Income															2,751
other liabilities	101,595	282,192								564,703	647,937	711,838	756,934	840,854	934,571
provisions															923
total long term liabilities	101,595	282,192	356,276	440,049	468,946	472,368	506,915	528,253	549,476	564,703	647,937	711,838	756,934	840,854	938,245
total liabilities	104,445	466,519	556,442	747,443	649,456	654,579	738,321	709,168	779,512	776,550	870,334	833,546	922,606	1,029,159	1,137,311
net assets	1,915,299	1,840,293	1,507,954	1,326,294	1,165,499	1,086,717	1,085,673	1,034,968	976,918	914,334	859,011	774,435	776,766	777,682	732,423
total shareholders funds	1,915,299	1,840,293	1,507,954	1,326,294	1,165,499	1,086,717	1,085,673	1,034,968	976,918	914,334	859,011	774,435	776,766	777,682	732,423

	Jul 2024	Jul 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	47,270	433,611	249,256	227,433	125,828	33,165	95,172	104,722	94,894	68,266	106,362	-2,775	-1,768	60,337	1,015,787
Depreciation	651	10,688	10,381		10,822	8,158	8,205	8,747	10,452	10,700	12,512	45,164	21,118	23,246	28,549
Amortisation							25,000	25,000		25,000	25,000		25,000	25,000	25,000
Tax	-25,002	-110,780	-42,612	-37,717	-18,480	-245	-11,894	-13,617	-15,612	-13,831	-22,482			-15,902	-284,559
Stock	-100,000	12,701	-26,565	-702	17,917	-30,695	14,868	1,771	21,056	-35,311	-43,566	31,704	12,301	26,100	98,421
Debtors	111,023	-12,345	85,867	-86,145	52,978	-21,136	163,480	3,525	-44,370	64,369	91,218	-79,886	-46,252	25,872	418,550
Creditors	-181,477	174,763	-12,533	-158,413	-1,701	-49,195	50,491	-49,121	18,189	-10,550	100,689	-43,964	-22,633	-10,761	199,066
Accruals and Deferred Income		-190,602	-44,695	235,297										-2,751	2,751
Deferred Taxes & Provisions														-923	923
Cash flow from operations	-169,581	317,324	100,495	353,447	45,574	43,714	-11,374	70,435	131,237	50,527	174,429	46,607	55,668	26,274	470,546
Investing Activities
capital expenditure	874,349	15,295		10,494		-17,368	-9,249	-13,043	-13,692	1,812	-4,632	-7,657	-12,606		-1,208,096
Change in Investments		-1										1	-51		51
cash flow from investments	874,349	15,296		10,494		-17,368	-9,249	-13,043	-13,692	1,812	-4,632	-7,658	-12,555		-1,208,147
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans		-356,276	-83,773	-28,897	-3,422	-34,547	-21,338	-21,223	549,476
Hire Purchase and Lease Commitments
other long term liabilities	-180,597	282,192							-564,703	-83,234	-63,901	-45,096	-83,920	-93,717	934,571
share issue									134				294		700
interest	52,738	9,508	-24,984	-28,921	-28,567	-31,876	-32,573	-33,055	-16,832	887	696	444	558	824	495
cash flow from financing	-127,859	-64,576	-108,757	-57,818	-31,989	-66,423	-53,911	-54,278	-31,925	-82,347	-63,205	-44,652	-83,068	-92,893	935,766
cash and cash equivalents
cash	576,909	268,044	-58,262	356,123	13,586	-40,077	-74,534	3,114	85,620	-30,007	106,592	-5,703	-39,955	-66,619	198,165
overdraft			-50,000	50,000
change in cash	576,909	268,044	-8,262	306,123	13,586	-40,077	-74,534	3,114	85,620	-30,007	106,592	-5,703	-39,955	-66,619	198,165

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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GARRATTS WOLVERHAMPTON LIMITED group structure

Garratts Wolverhampton Limited has no subsidiary companies.

Ultimate parent company

GARRATTS WOLVERHAMPTON LIMITED

04701349

GARRATTS WOLVERHAMPTON LIMITED Shareholders

raghbir singh chaggar	37.15%
john terence hitchen	32.71%
davinder singh chaggar	19.5%
john christopher reed	10.64%

Garratts Wolverhampton Limited currently has 3 directors. The longest serving directors include Mr John Hitchen (Mar 2003) and Raghbir Chaggar (Apr 2004).

officer	country	age	start	end	role
Mr John Hitchen		70 years	Mar 2003	-	Director
Raghbir Chaggar	England	80 years	Apr 2004	-	Director
Ms Davinder Chaggar		73 years	Apr 2004	-	Director

P&L

July 2024

turnover

1.2m

+5%

operating profit

47.3k

gross margin

49.3%

-3.45%

turnover

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

Balance Sheet

July 2024

net assets

1.9m

+0.04%

total assets

-0.12%

cash

1.3m

+0.81%

net assets

Total assets minus all liabilities

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company number

04701349

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

March 2003

ultimate parent company

None

previous names

cohala minerals limited (November 2003)

address

79 caroline street, birmingham, B3 1UP

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garratts wolverhampton limited Company Information

garratts wolverhampton limited Estimated Valuation

garratts wolverhampton limited Estimated Valuation

garratts wolverhampton limited Estimated Valuation

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