garrock limited
garrock limited Company Information
Company Number
05155899
Website
-Registered Address
rj francis & co, marshall business centre, hereford, HR4 9NS
Industry
Development of building projects
Telephone
01432266630
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
gary john thorne 30%
rocky bertram thorne 30%
View Allgarrock limited Estimated Valuation
Pomanda estimates the enterprise value of GARROCK LIMITED at £369.2k based on a Turnover of £1.2m and 0.3x industry multiple (adjusted for size and gross margin).
garrock limited Estimated Valuation
Pomanda estimates the enterprise value of GARROCK LIMITED at £1.2m based on an EBITDA of £527.5k and a 2.29x industry multiple (adjusted for size and gross margin).
garrock limited Estimated Valuation
Pomanda estimates the enterprise value of GARROCK LIMITED at £1.8m based on Net Assets of £1.4m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Garrock Limited Overview
Garrock Limited is a live company located in hereford, HR4 9NS with a Companies House number of 05155899. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2004, it's largest shareholder is gary john thorne with a 30% stake. Garrock Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Garrock Limited Health Check
Pomanda's financial health check has awarded Garrock Limited a 4 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
1 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.3m)
- Garrock Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (2.8%)
- Garrock Limited
2.8% - Industry AVG
Production
with a gross margin of 8.9%, this company has a higher cost of product (25.4%)
- Garrock Limited
25.4% - Industry AVG
Profitability
an operating margin of 43.6% make it more profitable than the average company (7%)
- Garrock Limited
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Garrock Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Garrock Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £605.4k, this is more efficient (£293.5k)
- Garrock Limited
£293.5k - Industry AVG
Debtor Days
it gets paid by customers after 154 days, this is later than average (27 days)
- Garrock Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (30 days)
- Garrock Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Garrock Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Garrock Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.3%, this is a lower level of debt than the average (74.3%)
8.3% - Garrock Limited
74.3% - Industry AVG
GARROCK LIMITED financials
Garrock Limited's latest turnover from June 2023 is estimated at £1.2 million and the company has net assets of £1.4 million. According to their latest financial statements, Garrock Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 996,965 | 663,244 | 661,674 | 666,527 | 647,798 | 634,536 | 636,140 | 638,027 | 625,447 | 625,447 | 625,447 | 625,447 | 625,447 | 625,447 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 996,965 | 663,244 | 661,674 | 666,527 | 647,798 | 634,536 | 636,140 | 638,027 | 625,447 | 625,447 | 625,447 | 625,447 | 625,447 | 625,447 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,624 | 0 | 0 | 137,611 | 137,611 | 137,611 | 137,611 |
| Trade Debtors | 512,712 | 790,448 | 1,049,664 | 539,182 | 254,502 | 262,941 | 236,659 | 202,431 | 216,964 | 194,327 | 3,749 | 3,706 | 15,737 | 366 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,476 | 7,134 | 7,198 | 2,854 | 1,442 | 4,126 | 4,787 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 512,712 | 790,448 | 1,049,664 | 539,182 | 254,502 | 262,941 | 236,659 | 250,531 | 224,098 | 201,525 | 144,214 | 142,759 | 157,474 | 142,764 |
| total assets | 1,509,677 | 1,453,692 | 1,711,338 | 1,205,709 | 902,300 | 897,477 | 872,799 | 888,558 | 849,545 | 826,972 | 769,661 | 768,206 | 782,921 | 768,211 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,041 | 6,967 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 125,898 | 465,504 | 494,866 | 552,068 | 573,505 | 584,411 | 570,857 | 594,929 | 574,081 | 568,865 | 555,241 | 559,424 | 577,130 | 573,757 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 125,898 | 465,504 | 494,866 | 552,068 | 573,505 | 584,411 | 570,857 | 594,929 | 574,081 | 568,865 | 555,241 | 559,424 | 584,171 | 580,724 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126,745 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 850,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 104,081 | 111,403 | 119,670 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 850,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 104,081 | 111,403 | 119,670 | 126,745 |
| total liabilities | 125,898 | 465,504 | 1,344,866 | 852,068 | 573,505 | 584,411 | 570,857 | 594,929 | 574,081 | 568,865 | 659,322 | 670,827 | 703,841 | 707,469 |
| net assets | 1,383,779 | 988,188 | 366,472 | 353,641 | 328,795 | 313,066 | 301,942 | 293,629 | 275,464 | 258,107 | 110,339 | 97,379 | 79,080 | 60,742 |
| total shareholders funds | 1,383,779 | 988,188 | 366,472 | 353,641 | 328,795 | 313,066 | 301,942 | 293,629 | 275,464 | 258,107 | 110,339 | 97,379 | 79,080 | 60,742 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,220 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -40,624 | 40,624 | 0 | -137,611 | 0 | 0 | 0 | 137,611 |
| Debtors | -277,736 | -259,216 | 510,482 | 284,680 | -8,439 | 26,282 | 34,228 | -14,533 | 22,637 | 190,578 | 43 | -12,031 | 15,371 | 366 |
| Creditors | -339,606 | -29,362 | -57,202 | -21,437 | -10,906 | 13,554 | -24,072 | 20,848 | 5,216 | 13,624 | -4,183 | -17,706 | 3,373 | 573,757 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -126,745 | 126,745 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -850,000 | 550,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | -104,081 | -7,322 | -8,267 | 119,670 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -7,476 | 342 | -64 | 4,344 | 1,412 | -2,684 | -661 | 4,787 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,041 | 74 | 6,967 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -7,476 | 342 | -64 | 4,344 | 1,412 | 4,357 | -735 | -2,180 |
garrock limited Credit Report and Business Information
Garrock Limited Competitor Analysis
Perform a competitor analysis for garrock limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
garrock limited Ownership
GARROCK LIMITED group structure
Garrock Limited has no subsidiary companies.
Ultimate parent company
GARROCK LIMITED
05155899
garrock limited directors
Garrock Limited currently has 4 directors. The longest serving directors include Rocky Thorne (Jul 2004) and Mr Gary Thorne (Jul 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Rocky Thorne | 51 years | Jul 2004 | - | Director | |
| Mr Gary Thorne | United Kingdom | 54 years | Jul 2004 | - | Director |
| Mrs Julie Thorne | United Kingdom | 56 years | Mar 2022 | - | Director |
| Mrs Jayne Thorne | United Kingdom | 53 years | Mar 2022 | - | Director |
P&L
June 2023turnover
1.2m
-43%
operating profit
527.5k
0%
gross margin
9%
-3.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.4m
+0.4%
total assets
1.5m
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
garrock limited company details
company number
05155899
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2004
age
20
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
rj francis & co, marshall business centre, hereford, HR4 9NS
last accounts submitted
June 2023
garrock 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 1 charges/mortgages relating to garrock limited. Currently there are 1 open charges and 0 have been satisfied in the past.
garrock limited Companies House Filings - See Documents
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