great minds property group limited Company Information
Company Number
05653073
Next Accounts
Mar 2025
Industry
Other accommodation
Directors
Shareholders
david armstrong
Group Structure
View All
Contact
Registered Address
hamill house, 112-116 chorley new road, bolton, lancashire, BL1 4DH
Website
-great minds property group limited Estimated Valuation
Pomanda estimates the enterprise value of GREAT MINDS PROPERTY GROUP LIMITED at £1.2k based on a Turnover of £1.1k and 1.07x industry multiple (adjusted for size and gross margin).
great minds property group limited Estimated Valuation
Pomanda estimates the enterprise value of GREAT MINDS PROPERTY GROUP LIMITED at £655.6k based on an EBITDA of £124k and a 5.29x industry multiple (adjusted for size and gross margin).
great minds property group limited Estimated Valuation
Pomanda estimates the enterprise value of GREAT MINDS PROPERTY GROUP LIMITED at £1m based on Net Assets of £511.8k and 2.02x industry multiple (adjusted for liquidity).
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Great Minds Property Group Limited Overview
Great Minds Property Group Limited is a live company located in bolton, BL1 4DH with a Companies House number of 05653073. It operates in the other accommodation sector, SIC Code 55900. Founded in December 2005, it's largest shareholder is david armstrong with a 100% stake. Great Minds Property Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £1.1k with declining growth in recent years.
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Great Minds Property Group Limited Health Check
Pomanda's financial health check has awarded Great Minds Property Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.1k, make it smaller than the average company (£829.4k)
- Great Minds Property Group Limited
£829.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -96%, show it is growing at a slower rate (4.4%)
- Great Minds Property Group Limited
4.4% - Industry AVG
Production
with a gross margin of 54%, this company has a comparable cost of product (54%)
- Great Minds Property Group Limited
54% - Industry AVG
Profitability
an operating margin of 10239.2% make it more profitable than the average company (5.7%)
- Great Minds Property Group Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
- Great Minds Property Group Limited
19 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)
- Great Minds Property Group Limited
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.1k, this is less efficient (£54.7k)
- Great Minds Property Group Limited
£54.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Great Minds Property Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (14 days)
- Great Minds Property Group Limited
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Great Minds Property Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (86 weeks)
3 weeks - Great Minds Property Group Limited
86 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.3%, this is a higher level of debt than the average (31.9%)
48.3% - Great Minds Property Group Limited
31.9% - Industry AVG
GREAT MINDS PROPERTY GROUP LIMITED financials
Great Minds Property Group Limited's latest turnover from June 2023 is estimated at £1.1 thousand and the company has net assets of £511.8 thousand. According to their latest financial statements, we estimate that Great Minds Property Group Limited has 1 employee and maintains cash reserves of £30.9 thousand 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 | Dec 2013 | Dec 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||||||||||||||
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 | Dec 2013 | Dec 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 67,346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 568 | 757 | 1,009 | 1,345 | 1,793 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 820,741 | 820,741 | 820,741 | 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 | 0 |
Total Fixed Assets | 888,087 | 820,741 | 820,741 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 568 | 757 | 1,009 | 1,345 | 1,793 |
Stock & work in progress | 0 | 0 | 0 | 820,741 | 820,741 | 820,741 | 820,741 | 820,741 | 820,741 | 820,741 | 820,741 | 820,741 | 819,541 | 819,541 | 819,541 |
Trade Debtors | 0 | 0 | 38,700 | 0 | 0 | 0 | 0 | 0 | 38,088 | 37,897 | 30,000 | 12,682 | 3,719 | 3,719 | 3,719 |
Group Debtors | 15,000 | 45,000 | 60,130 | 45,130 | 30,130 | 20,130 | 12,644 | 28,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 55,126 | 1,127 | 1,019 | 834 | 875 | 19,486 | 845 | 688 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 30,925 | 38,082 | 126,968 | 86,724 | 44,966 | 20,462 | 35,375 | 27,995 | 806 | 309 | 12,690 | 20,000 | 921 | 4,605 | 543 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 101,051 | 84,209 | 226,817 | 953,429 | 896,712 | 880,819 | 869,605 | 877,424 | 859,635 | 858,947 | 863,431 | 853,423 | 824,181 | 827,865 | 823,803 |
total assets | 989,138 | 904,950 | 1,047,558 | 953,429 | 896,712 | 880,819 | 869,605 | 877,424 | 859,635 | 858,947 | 863,999 | 854,180 | 825,190 | 829,210 | 825,596 |
Bank overdraft | 0 | 0 | 30,333 | 22,000 | 22,000 | 22,000 | 22,000 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 96 | 0 | 79 | 0 | 0 | 0 | 0 | 4,003 | 75,490 | 61,184 | 53,627 | 7,148 | 42,423 | 932,636 | 926,583 |
Group/Directors Accounts | 389,008 | 392,290 | 77,420 | 77,420 | 82,420 | 57,420 | 0 | 26,579 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 88,256 | 86,246 | 93,330 | 99,485 | 56,965 | 31,340 | 66,312 | 61,899 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 477,360 | 478,536 | 201,162 | 198,905 | 161,385 | 110,760 | 88,312 | 127,481 | 75,490 | 61,184 | 53,627 | 7,148 | 42,423 | 932,636 | 926,583 |
loans | 0 | 0 | 470,667 | 451,000 | 473,000 | 495,000 | 517,000 | 184,901 | 71,425 | 97,672 | 103,986 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 47,253 | 420,121 | 633,321 | 684,321 | 719,948 | 936,130 | 900,000 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 470,667 | 451,000 | 473,000 | 495,000 | 564,253 | 605,022 | 704,746 | 781,993 | 823,934 | 936,130 | 900,000 | 0 | 0 |
total liabilities | 477,360 | 478,536 | 671,829 | 649,905 | 634,385 | 605,760 | 652,565 | 732,503 | 780,236 | 843,177 | 877,561 | 943,278 | 942,423 | 932,636 | 926,583 |
net assets | 511,778 | 426,414 | 375,729 | 303,524 | 262,327 | 275,059 | 217,040 | 144,921 | 79,399 | 15,770 | -13,562 | -89,098 | -117,233 | -103,426 | -100,987 |
total shareholders funds | 511,778 | 426,414 | 375,729 | 303,524 | 262,327 | 275,059 | 217,040 | 144,921 | 79,399 | 15,770 | -13,562 | -89,098 | -117,233 | -103,426 | -100,987 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2013 | Dec 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 11,885 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 189 | 252 | 336 | 448 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | -820,741 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,200 | 0 | 0 | 819,541 |
Debtors | 23,999 | -53,722 | 53,885 | 14,959 | -8,611 | 26,127 | -15,199 | -9,400 | 191 | 7,897 | 17,318 | 8,963 | 0 | 0 | 3,719 |
Creditors | 96 | -79 | 79 | 0 | 0 | 0 | -4,003 | -71,487 | 14,306 | 7,557 | 46,479 | -35,275 | -890,213 | 6,053 | 926,583 |
Accruals and Deferred Income | 2,010 | -7,084 | -6,155 | 42,520 | 25,625 | -34,972 | 4,413 | 61,899 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 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 | 820,741 | 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 | 0 |
Group/Directors Accounts | -3,282 | 314,870 | 0 | -5,000 | 25,000 | 57,420 | -26,579 | 26,579 | 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 | 0 |
Long term loans | 0 | -470,667 | 19,667 | -22,000 | -22,000 | -22,000 | 332,099 | 113,476 | -26,247 | -6,314 | 103,986 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | -47,253 | -372,868 | -213,200 | -51,000 | -35,627 | -216,182 | 36,130 | 900,000 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -7,157 | -88,886 | 40,244 | 41,758 | 24,504 | -14,913 | 7,380 | 27,189 | 497 | -12,381 | -7,310 | 19,079 | -3,684 | 4,062 | 543 |
overdraft | 0 | -30,333 | 8,333 | 0 | 0 | 0 | -13,000 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -7,157 | -58,553 | 31,911 | 41,758 | 24,504 | -14,913 | 20,380 | -7,811 | 497 | -12,381 | -7,310 | 19,079 | -3,684 | 4,062 | 543 |
great minds property group limited Credit Report and Business Information
Great Minds Property Group Limited Competitor Analysis
Perform a competitor analysis for great minds property group limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BL1 area or any other competitors across 12 key performance metrics.
great minds property group limited Ownership
GREAT MINDS PROPERTY GROUP LIMITED group structure
Great Minds Property Group Limited has no subsidiary companies.
Ultimate parent company
GREAT MINDS PROPERTY GROUP LIMITED
05653073
great minds property group limited directors
Great Minds Property Group Limited currently has 1 director, Mr David Armstrong serving since Dec 2005.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Armstrong | England | 50 years | Dec 2005 | - | Director |
P&L
June 2023turnover
1.1k
0%
operating profit
112.1k
0%
gross margin
54.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
511.8k
+0.2%
total assets
989.1k
+0.09%
cash
30.9k
-0.19%
net assets
Total assets minus all liabilities
great minds property group limited company details
company number
05653073
Type
Private limited with Share Capital
industry
55900 - Other accommodation
incorporation date
December 2005
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
acresfield developments limited (October 2024)
accountant
FAIRHURST
auditor
-
address
hamill house, 112-116 chorley new road, bolton, lancashire, BL1 4DH
Bank
-
Legal Advisor
-
great minds property group 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 7 charges/mortgages relating to great minds property group limited. Currently there are 6 open charges and 1 have been satisfied in the past.
great minds property group 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.
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great minds property group limited Companies House Filings - See Documents
date | description | view/download |
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