Pomanda estimates the enterprise value of GOLDEN GATES HOUSING TRUST at £317.2m based on a Turnover of £38m and 8.34x industry multiple (adjusted for size and gross margin).
golden gates housing trustEstimated Valuation
£185.4m
Pomanda estimates the enterprise value of GOLDEN GATES HOUSING TRUST at £185.4m based on an EBITDA of £12.6m and a 14.74x industry multiple (adjusted for size and gross margin).
golden gates housing trustEstimated Valuation
£129m
Pomanda estimates the enterprise value of GOLDEN GATES HOUSING TRUST at £129m based on Net Assets of £74.3m and 1.74x industry multiple (adjusted for liquidity).
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Golden Gates Housing TrustOverview
Golden Gates Housing Trust is a converted/closed company that was located in cheshire, WA1 1UZ with a Companies House number of 05021951. It operated in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in January 2004, it's largest shareholder was
unknown.
The last turnover for Golden Gates Housing Trust was estimated at £38m.
Pomanda's financial health check has awarded Golden Gates Housing Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
3 Regular
2 Weak
Size
annual sales of £38m, make it larger than the average company (£678.9k)
£38m - Golden Gates Housing Trust
£678.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4%)
2% - Golden Gates Housing Trust
4% - Industry AVG
Production
with a gross margin of 75%, this company has a comparable cost of product (75%)
75% - Golden Gates Housing Trust
75% - Industry AVG
Profitability
an operating margin of 33.1% make it as profitable than the average company (34.9%)
33.1% - Golden Gates Housing Trust
34.9% - Industry AVG
Employees
with 263 employees, this is above the industry average (5)
263 - Golden Gates Housing Trust
5 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has a higher pay structure (£27k)
£35.8k - Golden Gates Housing Trust
£27k - Industry AVG
Efficiency
resulting in sales per employee of £144.6k, this is equally as efficient (£149.2k)
£144.6k - Golden Gates Housing Trust
£149.2k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (20 days)
8 days - Golden Gates Housing Trust
20 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (45 days)
50 days - Golden Gates Housing Trust
45 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (74 days)
20 days - Golden Gates Housing Trust
74 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 173 weeks, this is more cash available to meet short term requirements (18 weeks)
173 weeks - Golden Gates Housing Trust
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.1%, this is a lower level of debt than the average (59.2%)
42.1% - Golden Gates Housing Trust
59.2% - Industry AVG
GOLDEN GATES HOUSING TRUST financials
EXPORT
Golden Gates Housing Trust's latest turnover from March 2017 is £38 million and the company has net assets of £74.3 million. According to their latest financial statements, Golden Gates Housing Trust has 263 employees and maintains cash reserves of £22.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
38,036,000
41,763,000
39,465,000
36,162,000
35,785,000
33,695,000
22,174,000
16,541,000
Other Income Or Grants
Cost Of Sales
9,508,520
12,814,428
14,484,627
14,920,587
11,792,788
9,882,918
6,674,660
4,464,005
Gross Profit
28,527,480
28,948,572
24,980,373
21,241,413
23,992,212
23,812,082
15,499,340
12,076,995
Admin Expenses
15,943,480
20,757,572
19,064,373
16,177,413
20,835,212
17,154,082
-27,952,660
11,341,995
Operating Profit
12,584,000
8,191,000
5,916,000
5,064,000
3,157,000
6,658,000
43,452,000
735,000
Interest Payable
2,631,000
2,330,000
1,766,000
2,328,000
1,628,000
541,000
1,187,000
324,000
Interest Receivable
14,000
8,000
1,519,000
1,114,000
951,000
16,000
1,249,000
8,000
Pre-Tax Profit
11,426,000
6,114,000
4,678,000
4,200,000
2,754,000
6,309,000
43,098,000
419,000
Tax
-2,000
-5,000
Profit After Tax
11,426,000
6,114,000
4,678,000
4,200,000
2,754,000
6,309,000
43,096,000
414,000
Dividends Paid
Retained Profit
11,426,000
6,114,000
4,678,000
4,200,000
2,754,000
6,309,000
43,096,000
414,000
Employee Costs
9,427,000
13,175,000
13,188,000
12,060,000
10,943,000
9,447,000
8,718,000
7,619,000
Number Of Employees
263
317
4
367
349
295
281
259
EBITDA*
12,584,000
11,300,000
9,277,000
7,742,000
5,452,000
8,601,000
43,804,000
968,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
100,657,000
101,049,000
98,829,000
86,499,000
67,325,000
51,927,000
43,510,000
339,000
Intangible Assets
Investments & Other
2,302,000
Debtors (Due After 1 year)
Total Fixed Assets
100,657,000
103,351,000
98,829,000
86,499,000
67,325,000
51,927,000
43,510,000
339,000
Stock & work in progress
534,000
85,000
85,000
90,000
92,000
90,000
104,000
69,000
Trade Debtors
915,000
345,000
692,000
1,135,000
1,363,000
1,192,000
1,077,000
1,332,000
Group Debtors
1,320,000
1,975,000
42,000
521,000
1,209,000
736,000
2,998,000
Misc Debtors
2,185,000
2,985,000
3,142,000
3,159,000
1,963,000
1,371,000
436,000
462,000
Cash
22,643,000
2,296,000
716,000
453,000
2,801,000
1,895,000
742,000
misc current assets
total current assets
27,597,000
7,686,000
4,677,000
5,358,000
4,627,000
6,190,000
6,510,000
2,605,000
total assets
128,254,000
111,037,000
103,506,000
91,857,000
71,952,000
58,117,000
50,020,000
2,944,000
Bank overdraft
356,000
Bank loan
Trade Creditors
1,315,000
541,000
383,000
611,000
128,000
114,000
461,000
Group/Directors Accounts
2,189,000
1,130,000
1,585,000
1,153,000
871,000
2,049,000
938,000
196,000
other short term finances
48,000
46,000
44,000
hp & lease commitments
other current liabilities
3,222,000
4,435,000
4,138,000
7,279,000
6,519,000
2,643,000
2,245,000
1,752,000
total current liabilities
6,774,000
6,152,000
6,150,000
9,043,000
7,874,000
4,806,000
3,644,000
1,948,000
loans
36,620,000
35,158,000
37,183,000
27,701,000
13,742,000
4,000,000
5,000,000
69,000
hp & lease commitments
Accruals and Deferred Income
375,000
other liabilities
5,900,000
1,781,000
provisions
4,317,000
383,000
305,000
total long term liabilities
47,212,000
35,541,000
43,403,000
30,414,000
17,307,000
7,138,000
5,296,000
13,281,000
total liabilities
53,986,000
41,693,000
49,553,000
39,457,000
25,181,000
11,944,000
8,940,000
15,229,000
net assets
74,268,000
69,344,000
53,953,000
52,400,000
46,771,000
46,173,000
41,080,000
-12,285,000
total shareholders funds
74,268,000
69,344,000
53,953,000
52,400,000
46,771,000
46,173,000
41,080,000
-12,285,000
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
12,584,000
8,191,000
5,916,000
5,064,000
3,157,000
6,658,000
43,452,000
735,000
Depreciation
3,109,000
3,361,000
2,678,000
2,295,000
1,943,000
352,000
233,000
Amortisation
Tax
-2,000
-5,000
Stock
449,000
-5,000
-2,000
2,000
-14,000
35,000
69,000
Debtors
-885,000
1,429,000
-939,000
280,000
1,236,000
-1,212,000
2,717,000
1,794,000
Creditors
774,000
158,000
-228,000
483,000
14,000
-347,000
461,000
Accruals and Deferred Income
-838,000
297,000
-3,141,000
760,000
3,876,000
398,000
493,000
1,752,000
Deferred Taxes & Provisions
3,934,000
78,000
305,000
Cash flow from operations
16,890,000
10,404,000
7,157,000
8,707,000
8,104,000
9,878,000
42,004,000
852,000
Investing Activities
capital expenditure
-1,733,000
-5,927,000
-14,810,000
-20,997,000
-17,894,000
-10,564,000
-5,865,000
-81,000
Change in Investments
-2,302,000
2,302,000
cash flow from investments
569,000
-8,229,000
-14,810,000
-20,997,000
-17,894,000
-10,564,000
-5,865,000
-81,000
Financing Activities
Bank loans
Group/Directors Accounts
1,059,000
-455,000
432,000
282,000
-1,178,000
1,111,000
742,000
196,000
Other Short Term Loans
2,000
2,000
44,000
Long term loans
1,462,000
-2,025,000
9,482,000
13,959,000
9,742,000
-1,000,000
4,931,000
69,000
Hire Purchase and Lease Commitments
other long term liabilities
5,900,000
-1,781,000
1,781,000
share issue
-6,502,000
9,277,000
-3,125,000
1,429,000
-2,156,000
-1,216,000
10,269,000
-12,699,000
interest
-2,617,000
-2,322,000
-247,000
-1,214,000
-677,000
-525,000
62,000
-316,000
cash flow from financing
-696,000
4,477,000
6,586,000
14,456,000
3,950,000
151,000
16,004,000
-12,750,000
cash and cash equivalents
cash
20,347,000
1,580,000
263,000
453,000
-2,801,000
906,000
1,153,000
742,000
overdraft
-356,000
356,000
change in cash
20,347,000
1,580,000
263,000
809,000
-3,157,000
906,000
1,153,000
742,000
golden gates housing trust Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for golden gates housing trust. Get real-time insights into golden gates housing trust's credit score, group structure and payment trends.
Perform a competitor analysis for golden gates housing trust by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in WA1 area or any other competitors across 12 key performance metrics.
golden gates housing trust Ownership
GOLDEN GATES HOUSING TRUST group structure
Golden Gates Housing Trust has no subsidiary companies.
Ultimate parent company
GOLDEN GATES HOUSING TRUST
05021951
GOLDEN GATES HOUSING TRUST Shareholders
The sole shareholder of Golden Gates Housing Trust is -.
-
-
golden gates housing trust directors
Golden Gates Housing Trust currently has 10 directors.
The longest serving directors include
Mr Philip Pemberton (Sep 2009) and
Mr Roy Smith (Sep 2009).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017
net assets
74.3m
+0.07%
total assets
128.3m
+0.16%
cash
22.6m
+8.86%
net assets
Total assets minus all liabilities
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golden gates housing trust company details
company number
05021951
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
January 2004
age
21
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
March 2017
previous names
golden gates housing limited (November 2010)
accountant
-
auditor
-
address
bank park house kendrick street, warrington, cheshire, WA1 1UZ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
golden gates housing trust 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 golden gates housing trust.
golden gates housing trust 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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golden gates housing trustCompanies House Filings - See Documents
