goldborne limited
goldborne limited Company Information
Company Number
04913542
Website
www.goldborne.co.ukRegistered Address
unit16, soverign enterprise park, salford, M50 3UP
Industry
Repair of communication equipment
Telephone
01618720244
Next Accounts Due
June 2024
Group Structure
View All
Directors
John Griffin20 Years
Shareholders
john griffin 100%
goldborne limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDBORNE LIMITED at £723k based on a Turnover of £2.1m and 0.35x industry multiple (adjusted for size and gross margin).
goldborne limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDBORNE LIMITED at £0 based on an EBITDA of £-169.7k and a 1.38x industry multiple (adjusted for size and gross margin).
goldborne limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDBORNE LIMITED at £10.1k based on Net Assets of £8.5k and 1.2x industry multiple (adjusted for liquidity).
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Goldborne Limited Overview
Goldborne Limited is a dissolved company that was located in salford, M50 3UP with a Companies House number of 04913542. It operated in the repair of communication equipment sector, SIC Code 95120. Founded in September 2003, it's largest shareholder was john griffin with a 100% stake. The last turnover for Goldborne Limited was estimated at £2.1m.
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Goldborne Limited Health Check
Pomanda's financial health check has awarded Goldborne Limited a 3.5 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.1m, make it larger than the average company (£97.7k)
- Goldborne Limited
£97.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Goldborne Limited
- - Industry AVG
Production
with a gross margin of 33.3%, this company has a higher cost of product (49.6%)
- Goldborne Limited
49.6% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (3.4%)
- Goldborne Limited
3.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (15)
- Goldborne Limited
15 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Goldborne Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £190.4k, this is more efficient (£164.3k)
- Goldborne Limited
£164.3k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (15 days)
- Goldborne Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 203 days, this is slower than average (9 days)
- Goldborne Limited
9 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (53 days)
- Goldborne Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (46 weeks)
11 weeks - Goldborne Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a similar level of debt than the average (103.7%)
98.9% - Goldborne Limited
103.7% - Industry AVG
GOLDBORNE LIMITED financials
Goldborne Limited's latest turnover from September 2018 is estimated at £2.1 million and the company has net assets of £8.5 thousand. According to their latest financial statements, we estimate that Goldborne Limited has 11 employees and maintains cash reserves of £178.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,373,109 | 2,237,898 | 1,992,828 | 1,960,384 | 1,382,065 | 2,876,704 | 3,417,660 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 3,098,296 | 1,884,310 | 1,788,736 | 1,753,104 | 1,360,493 | 2,488,270 | 3,075,063 | |||
| Gross Profit | 274,813 | 353,588 | 204,092 | 207,280 | 21,572 | 388,434 | 342,597 | |||
| Admin Expenses | 232,975 | 140,013 | 170,566 | 214,926 | 312,720 | 369,721 | 359,613 | |||
| Operating Profit | 41,838 | 213,575 | 33,526 | -7,646 | -291,148 | 18,713 | -17,016 | |||
| Interest Payable | 467 | 752 | 1,571 | 745 | 1,030 | 1,291 | 1,608 | |||
| Interest Receivable | 2,857 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 44,228 | 212,823 | 31,955 | -8,391 | -292,178 | 17,422 | -18,624 | |||
| Tax | -1,038 | 0 | 0 | 0 | 0 | -2,355 | 0 | |||
| Profit After Tax | 43,190 | 212,823 | 31,955 | -8,391 | -292,178 | 15,067 | -18,624 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 43,190 | 212,823 | 31,955 | -8,391 | -292,178 | 15,067 | -18,624 | |||
| Employee Costs | 219,531 | 215,638 | ||||||||
| Number Of Employees | 6 | 6 | ||||||||
| EBITDA* | 43,637 | 214,950 | 35,362 | -5,197 | -288,245 | 22,584 | -12,287 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 979 | 1,305 | 1,738 | 2,316 | 4,135 | 5,510 | 7,345 | 8,708 | 11,610 | 14,187 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 979 | 1,305 | 1,738 | 2,316 | 4,135 | 5,510 | 7,345 | 8,708 | 11,610 | 14,187 |
| Stock & work in progress | 14,400 | 61,900 | 14,646 | 143,940 | 7,798 | 15,568 | 52,667 | 48,568 | 4,350 | 40,870 |
| Trade Debtors | 592,959 | 1,051,296 | 824,987 | 767,410 | 563,872 | 535,459 | 360,384 | 477,353 | 735,609 | 1,016,266 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 66,337 | 7,150 | 9,392 | 0 | 0 | 12,188 | 1,224 |
| Cash | 178,538 | 0 | 62,048 | 79,057 | 16,798 | 49,334 | 408 | 0 | 73,534 | 47,404 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 785,897 | 1,113,196 | 901,681 | 1,056,744 | 595,618 | 609,753 | 413,459 | 525,921 | 825,681 | 1,105,764 |
| total assets | 786,876 | 1,114,501 | 903,419 | 1,059,060 | 599,753 | 615,263 | 420,804 | 534,629 | 837,291 | 1,119,951 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 27,029 | 4,617 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 778,421 | 936,699 | 544,375 | 653,128 | 263,256 | 394,163 | 245,592 | 361,426 | 409,670 | 716,599 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 2,171 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 93,942 | 65,527 | 165,124 | 124,162 | 136,174 | 103,031 | 93,829 |
| total current liabilities | 778,421 | 936,699 | 544,375 | 747,070 | 330,954 | 559,287 | 396,783 | 502,217 | 512,701 | 810,428 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 778,421 | 936,699 | 544,375 | 747,070 | 330,954 | 559,287 | 396,783 | 502,217 | 512,701 | 810,428 |
| net assets | 8,455 | 177,802 | 359,044 | 311,990 | 268,799 | 55,976 | 24,021 | 32,412 | 324,590 | 309,523 |
| total shareholders funds | 8,455 | 177,802 | 359,044 | 311,990 | 268,799 | 55,976 | 24,021 | 32,412 | 324,590 | 309,523 |
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 41,838 | 213,575 | 33,526 | -7,646 | -291,148 | 18,713 | -17,016 | |||
| Depreciation | 326 | 433 | 578 | 1,799 | 1,375 | 1,836 | 2,449 | 2,903 | 3,871 | 4,729 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,038 | 0 | 0 | 0 | 0 | -2,355 | 0 | |||
| Stock | -47,500 | 47,254 | -129,294 | 136,142 | -7,770 | -37,099 | 4,099 | 44,218 | -36,520 | 40,870 |
| Debtors | -458,337 | 226,309 | -8,760 | 262,725 | 26,171 | 184,467 | -116,969 | -270,444 | -269,693 | 1,017,490 |
| Creditors | -158,278 | 392,324 | -108,753 | 389,872 | -130,907 | 148,571 | -115,834 | -48,244 | -306,929 | 716,599 |
| Accruals and Deferred Income | 0 | 0 | -93,942 | 28,415 | -99,597 | 40,962 | -12,012 | 33,143 | 9,202 | 93,829 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 62,019 | -33,955 | 77,527 | -20,173 | -77,120 | 28,715 | -260,219 | |||
| Investing Activities | ||||||||||
| capital expenditure | 0 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | |||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -2,171 | 2,171 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 2,390 | -752 | -1,571 | -745 | -1,030 | -1,291 | -1,608 | |||
| cash flow from financing | 220 | 1,419 | -1,571 | -745 | -1,030 | -1,291 | 326,539 | |||
| cash and cash equivalents | ||||||||||
| cash | 178,538 | -62,048 | -17,009 | 62,259 | -32,536 | 48,926 | 408 | -73,534 | 26,130 | 47,404 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -27,029 | 22,412 | 4,617 | 0 | 0 |
| change in cash | 178,538 | -62,048 | -17,009 | 62,259 | -32,536 | 75,955 | -22,004 | -78,151 | 26,130 | 47,404 |
goldborne limited Credit Report and Business Information
Goldborne Limited Competitor Analysis
Perform a competitor analysis for goldborne limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
goldborne limited Ownership
GOLDBORNE LIMITED group structure
Goldborne Limited has no subsidiary companies.
Ultimate parent company
GOLDBORNE LIMITED
04913542
goldborne limited directors
Goldborne Limited currently has 1 director, Mr John Griffin serving since Jun 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Griffin | 74 years | Jun 2004 | - | Director |
P&L
September 2018turnover
2.1m
-87%
operating profit
-170k
0%
gross margin
33.3%
+9.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
8.5k
-0.95%
total assets
786.9k
-0.29%
cash
178.5k
0%
net assets
Total assets minus all liabilities
Similar Companies
goldborne limited company details
company number
04913542
Type
Private limited with Share Capital
industry
95120 - Repair of communication equipment
incorporation date
September 2003
age
21
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
unit16, soverign enterprise park, salford, M50 3UP
last accounts submitted
September 2018
goldborne 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 goldborne limited.
goldborne limited Companies House Filings - See Documents
| date | description | view/download |
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