pochin goodman (northern gateway) limited
pochin goodman (northern gateway) limited Company Information
Company Number
05542784
Next Accounts
3 days late
Shareholders
goodman logistics developments (uk) limited
northern powerhouse land limited
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
cornwall house blythe gate, blythe valley park, solihull, west midlands, B90 8AF
Website
http://goodman.compochin goodman (northern gateway) limited Estimated Valuation
Pomanda estimates the enterprise value of POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED at £51.8m based on a Turnover of £16.6m and 3.12x industry multiple (adjusted for size and gross margin).
pochin goodman (northern gateway) limited Estimated Valuation
Pomanda estimates the enterprise value of POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED at £28.8m based on an EBITDA of £4.5m and a 6.37x industry multiple (adjusted for size and gross margin).
pochin goodman (northern gateway) limited Estimated Valuation
Pomanda estimates the enterprise value of POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED at £6m based on Net Assets of £3.6m and 1.66x industry multiple (adjusted for liquidity).
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Pochin Goodman (northern Gateway) Limited Overview
Pochin Goodman (northern Gateway) Limited is a live company located in solihull, B90 8AF with a Companies House number of 05542784. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2005, it's largest shareholder is goodman logistics developments (uk) limited with a 50% stake. Pochin Goodman (northern Gateway) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.6m with rapid growth in recent years.
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Pochin Goodman (northern Gateway) Limited Health Check
Pomanda's financial health check has awarded Pochin Goodman (Northern Gateway) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £16.6m, make it larger than the average company (£828.9k)
£16.6m - Pochin Goodman (northern Gateway) Limited
£828.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 886%, show it is growing at a faster rate (2.3%)
886% - Pochin Goodman (northern Gateway) Limited
2.3% - Industry AVG
Production
with a gross margin of 27.3%, this company has a higher cost of product (72%)
27.3% - Pochin Goodman (northern Gateway) Limited
72% - Industry AVG
Profitability
an operating margin of 27.3% make it as profitable than the average company (27.8%)
27.3% - Pochin Goodman (northern Gateway) Limited
27.8% - Industry AVG
Employees
with 93 employees, this is above the industry average (4)
- Pochin Goodman (northern Gateway) Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Pochin Goodman (northern Gateway) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £178.6k, this is equally as efficient (£179.1k)
- Pochin Goodman (northern Gateway) Limited
£179.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (29 days)
0 days - Pochin Goodman (northern Gateway) Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
0 days - Pochin Goodman (northern Gateway) Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is less than average (222 days)
96 days - Pochin Goodman (northern Gateway) Limited
222 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (11 weeks)
12 weeks - Pochin Goodman (northern Gateway) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.1%, this is a higher level of debt than the average (65.2%)
74.1% - Pochin Goodman (northern Gateway) Limited
65.2% - Industry AVG
POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED financials
Pochin Goodman (Northern Gateway) Limited's latest turnover from June 2023 is £16.6 million and the company has net assets of £3.6 million. According to their latest financial statements, we estimate that Pochin Goodman (Northern Gateway) Limited has 93 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,605,748 | 2,841,748 | 37,823 | 17,333 | 59,258 | 33,738 | 31,679 | 711,477 | 347,260 | |||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 12,068,801 | 2,276,372 | 4,082 | 1,323 | 9,982 | 1,191 | 832 | 897,407 | 366,340 | -2,991,186 | 2,991,186 | |||
| Gross Profit | 4,536,947 | 565,376 | 33,741 | 16,010 | 49,276 | 32,547 | 30,847 | -185,930 | -19,080 | 2,991,186 | -2,991,186 | |||
| Admin Expenses | 11,916 | 6,379 | 2,131 | 1,661 | 15,293 | |||||||||
| Operating Profit | 4,525,031 | 558,997 | 31,610 | 14,349 | 33,983 | 32,547 | 30,847 | -185,930 | -19,080 | 2,991,186 | -2,991,186 | |||
| Interest Payable | 253,050 | 211,916 | ||||||||||||
| Interest Receivable | 9,733 | 602 | ||||||||||||
| Pre-Tax Profit | 4,281,714 | 347,683 | 31,610 | 14,349 | 33,983 | 20,421 | 21,122 | -201,740 | -41,645 | 2,991,186 | -2,991,186 | |||
| Tax | -877,606 | 1,460 | -7,369 | -2,135 | ||||||||||
| Profit After Tax | 3,404,108 | 349,143 | 24,241 | 12,214 | 33,983 | 20,421 | 21,122 | -201,740 | -41,645 | 2,991,186 | -2,991,186 | |||
| Dividends Paid | ||||||||||||||
| Retained Profit | 3,404,108 | 349,143 | 24,241 | 12,214 | 33,983 | 20,421 | 21,122 | -201,740 | -41,645 | 2,991,186 | -2,991,186 | |||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | 4 | |||||||||||
| EBITDA* | 4,525,031 | 558,997 | 31,610 | 14,349 | 33,983 | 32,547 | 30,847 | -185,930 | -19,080 | 2,991,186 | -2,991,186 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | ||||||||||||||
| Stock & work in progress | 3,186,544 | 10,319,980 | 7,954,341 | 6,820,156 | 6,399,319 | 5,910,395 | 5,789,707 | 5,619,418 | 6,276,226 | 6,603,886 | 3,500,000 | |||
| Trade Debtors | 3,521 | 3,633 | 12,185 | 12,532 | 2,431 | 7,808 | 783 | 486 | ||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 8,310,722 | 1,501 | 31,238 | 1,217 | 17,757 | 9,341 | 13,040 | 8,510 | 2,536 | 22,417 | 3,180 | |||
| Cash | 2,488,113 | 32,465 | 40,737 | 29,020 | 10,131 | 8,597 | 104,175 | 136,559 | 331,596 | 68,839 | 91,450 | |||
| misc current assets | ||||||||||||||
| total current assets | 13,988,900 | 10,357,579 | 8,038,501 | 6,862,925 | 6,429,638 | 5,928,333 | 5,906,922 | 5,764,487 | 6,618,166 | 6,695,925 | 3,595,116 | |||
| total assets | 13,988,900 | 10,357,579 | 8,038,501 | 6,862,925 | 6,429,638 | 5,928,333 | 5,906,922 | 5,764,487 | 6,618,166 | 6,695,925 | 3,595,116 | |||
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 7,003 | 14,357 | 5,670 | 8,504 | 59,476 | 53,943 | 57,113 | 50,527 | 8,394 | 22,658 | 9,035 | |||
| Group/Directors Accounts | 7,344,551 | 9,059,770 | 8,081,154 | 6,980,471 | 6,521,151 | 6,061,150 | 6,061,150 | 5,921,150 | 6,621,150 | 6,621,150 | 6,521,150 | |||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 3,015,497 | 1,065,711 | 83,079 | 29,593 | 16,868 | 15,080 | 10,920 | 36,193 | 30,265 | 52,115 | 56,115 | |||
| total current liabilities | 10,367,051 | 10,139,838 | 8,169,903 | 7,018,568 | 6,597,495 | 6,130,173 | 6,129,183 | 6,007,870 | 6,659,809 | 6,695,923 | 6,586,300 | |||
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 10,367,051 | 10,139,838 | 8,169,903 | 7,018,568 | 6,597,495 | 6,130,173 | 6,129,183 | 6,007,870 | 6,659,809 | 6,695,923 | 6,586,300 | |||
| net assets | 3,621,849 | 217,741 | -131,402 | -155,643 | -167,857 | -201,840 | -222,261 | -243,383 | -41,643 | 2 | -2,991,184 | |||
| total shareholders funds | 3,621,849 | 217,741 | -131,402 | -155,643 | -167,857 | -201,840 | -222,261 | -243,383 | -41,643 | 2 | -2,991,184 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,525,031 | 558,997 | 31,610 | 14,349 | 33,983 | 32,547 | 30,847 | -185,930 | -19,080 | 2,991,186 | -2,991,186 | |||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -877,606 | 1,460 | -7,369 | -2,135 | ||||||||||
| Stock | -7,133,436 | 2,365,639 | 1,134,185 | 420,837 | 488,924 | 120,688 | 170,289 | -656,808 | -327,660 | 3,103,886 | 3,500,000 | |||
| Debtors | 8,309,109 | -38,289 | 29,674 | -6,439 | 10,847 | -3,699 | 4,530 | -1,834 | -12,856 | 19,534 | 3,666 | |||
| Creditors | -7,354 | 8,687 | -2,834 | -50,972 | 5,533 | -3,170 | 6,586 | 42,133 | -14,264 | 13,623 | 9,035 | |||
| Accruals and Deferred Income | 1,949,786 | 982,632 | 53,486 | 12,725 | 1,788 | 4,160 | -25,273 | 5,928 | -21,850 | -4,000 | 56,115 | |||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 4,414,184 | -775,574 | -1,088,966 | -440,431 | -458,467 | -83,452 | -162,659 | 520,773 | 285,322 | -122,611 | -6,429,702 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -1,715,219 | 978,616 | 1,100,683 | 459,320 | 460,001 | 140,000 | -700,000 | 100,000 | 6,521,150 | |||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -243,317 | -211,314 | ||||||||||||
| cash flow from financing | -1,958,536 | 767,302 | 1,100,683 | 459,320 | 460,001 | 140,000 | -700,000 | 100,000 | 6,521,152 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,455,648 | -8,272 | 11,717 | 18,889 | 1,534 | -95,578 | -32,384 | -195,037 | 262,757 | -22,611 | 91,450 | |||
| overdraft | ||||||||||||||
| change in cash | 2,455,648 | -8,272 | 11,717 | 18,889 | 1,534 | -95,578 | -32,384 | -195,037 | 262,757 | -22,611 | 91,450 |
pochin goodman (northern gateway) limited Credit Report and Business Information
Pochin Goodman (northern Gateway) Limited Competitor Analysis
Perform a competitor analysis for pochin goodman (northern gateway) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in B90 area or any other competitors across 12 key performance metrics.
pochin goodman (northern gateway) limited Ownership
POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED group structure
Pochin Goodman (Northern Gateway) Limited has 2 subsidiary companies.
Ultimate parent company
POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED
05542784
2 subsidiaries
pochin goodman (northern gateway) limited directors
Pochin Goodman (Northern Gateway) Limited currently has 5 directors. The longest serving directors include Mr James Nicholson (Oct 2005) and Mr Robert Nicholson (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Nicholson | 59 years | Oct 2005 | - | Director | |
| Mr Robert Nicholson | England | 57 years | Apr 2015 | - | Director |
| Mr James Cornell | United Kingdom | 51 years | Oct 2019 | - | Director |
| Mr James Cornell | United Kingdom | 51 years | Oct 2019 | - | Director |
| Mr Jason Harris | England | 49 years | Sep 2020 | - | Director |
P&L
June 2023turnover
16.6m
+484%
operating profit
4.5m
+709%
gross margin
27.4%
+37.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
3.6m
+15.63%
total assets
14m
+0.35%
cash
2.5m
+75.64%
net assets
Total assets minus all liabilities
Similar Companies
pochin goodman (northern gateway) limited company details
company number
05542784
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
August 2005
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
pochin rosemound (deeside) limited (December 2012)
ingleby (1672) limited (December 2005)
accountant
-
auditor
HAROLD SHARP LIMITED
address
cornwall house blythe gate, blythe valley park, solihull, west midlands, B90 8AF
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
pochin goodman (northern gateway) 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 6 charges/mortgages relating to pochin goodman (northern gateway) limited. Currently there are 5 open charges and 1 have been satisfied in the past.
pochin goodman (northern gateway) 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.
Click to start generating capital raising & share issue transactions for POCHIN GOODMAN (NORTHERN GATEWAY) LIMITED. This can take several minutes, an email will notify you when this has completed.
pochin goodman (northern gateway) limited Companies House Filings - See Documents
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