great minds property group limited

great minds property group limited Company Information

Share GREAT MINDS PROPERTY GROUP LIMITED
Live 
EstablishedMicroDeclining

Company Number

05653073

Industry

Other accommodation

 

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

£1.2k

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

£655.6k

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

£1m

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1.1k, make it smaller than the average company (£829.4k)

£1.1k - Great Minds Property Group Limited

£829.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -96%, show it is growing at a slower rate (4.4%)

-96% - Great Minds Property Group Limited

4.4% - Industry AVG

production

Production

with a gross margin of 54%, this company has a comparable cost of product (54%)

54% - Great Minds Property Group Limited

54% - Industry AVG

profitability

Profitability

an operating margin of 10239.2% make it more profitable than the average company (5.7%)

10239.2% - Great Minds Property Group Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (19)

1 - Great Minds Property Group Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)

£24.2k - Great Minds Property Group Limited

£24.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1k, this is less efficient (£54.7k)

£1.1k - Great Minds Property Group Limited

£54.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Great Minds Property Group Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (14 days)

69 days - Great Minds Property Group Limited

14 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Great Minds Property Group Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Dec 2013Dec 2012Oct 2011Oct 2010Oct 2009
Turnover1,0950699,75924,388,10912,230,33911,277,2259,623,797938,6641,115,261974,1491,065,249668,800302,2132,491,8580
Other Income Or Grants000000000000000
Cost Of Sales5030432,88914,577,0767,088,0275,891,5134,743,410459,929462,154422,246480,149313,410127,0741,192,3520
Gross Profit5910266,8709,811,0335,142,3125,385,7124,880,387478,735653,107551,903585,100355,389175,1401,299,5050
Admin Expenses-111,502-79,704148,1289,730,7145,121,1345,279,9034,767,715387,436568,078508,252483,703318,422188,9611,301,957100,989
Operating Profit112,09379,704118,74280,31921,178105,809112,67291,29985,02943,651101,39736,967-13,821-2,452-100,989
Interest Payable018,16129,70729,52434,15534,32023,7169,4685,4966,5543,3800000
Interest Receivable1,7251,032107662451407972333825214131
Pre-Tax Profit113,81962,57489,14250,860-12,73271,62889,03681,90379,53637,12998,09937,020-13,807-2,439-100,988
Tax-28,455-11,889-16,937-9,6630-13,609-16,917-16,380-15,907-7,797-22,563-8,885000
Profit After Tax85,36450,68572,20541,197-12,73258,01972,11965,52263,62929,33275,53628,135-13,807-2,439-100,988
Dividends Paid000000000000000
Retained Profit85,36450,68572,20541,197-12,73258,01972,11965,52263,62929,33275,53628,135-13,807-2,439-100,988
Employee Costs24,1670313,78410,685,5325,558,1334,905,5064,527,040477,232576,351507,686543,990349,854169,1031,307,8990
Number Of Employees101448425223421523272426178640
EBITDA*123,97879,704118,74280,31921,178105,809112,67291,29985,02943,651101,58637,219-13,485-2,004-100,989

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Dec 2013Dec 2012Oct 2011Oct 2010Oct 2009
Tangible Assets67,3460000000005687571,0091,3451,793
Intangible Assets000000000000000
Investments & Other820,741820,741820,741000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets888,087820,741820,74100000005687571,0091,3451,793
Stock & work in progress000820,741820,741820,741820,741820,741820,741820,741820,741820,741819,541819,541819,541
Trade Debtors0038,7000000038,08837,89730,00012,6823,7193,7193,719
Group Debtors15,00045,00060,13045,13030,13020,13012,64428,0000000000
Misc Debtors55,1261,1271,01983487519,4868456880000000
Cash30,92538,082126,96886,72444,96620,46235,37527,99580630912,69020,0009214,605543
misc current assets000000000000000
total current assets101,05184,209226,817953,429896,712880,819869,605877,424859,635858,947863,431853,423824,181827,865823,803
total assets989,138904,9501,047,558953,429896,712880,819869,605877,424859,635858,947863,999854,180825,190829,210825,596
Bank overdraft0030,33322,00022,00022,00022,00035,0000000000
Bank loan000000000000000
Trade Creditors 9607900004,00375,49061,18453,6277,14842,423932,636926,583
Group/Directors Accounts389,008392,29077,42077,42082,42057,420026,5790000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities88,25686,24693,33099,48556,96531,34066,31261,8990000000
total current liabilities477,360478,536201,162198,905161,385110,76088,312127,48175,49061,18453,6277,14842,423932,636926,583
loans00470,667451,000473,000495,000517,000184,90171,42597,672103,9860000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000047,253420,121633,321684,321719,948936,130900,00000
provisions000000000000000
total long term liabilities00470,667451,000473,000495,000564,253605,022704,746781,993823,934936,130900,00000
total liabilities477,360478,536671,829649,905634,385605,760652,565732,503780,236843,177877,561943,278942,423932,636926,583
net assets511,778426,414375,729303,524262,327275,059217,040144,92179,39915,770-13,562-89,098-117,233-103,426-100,987
total shareholders funds511,778426,414375,729303,524262,327275,059217,040144,92179,39915,770-13,562-89,098-117,233-103,426-100,987
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Dec 2013Dec 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit112,09379,704118,74280,31921,178105,809112,67291,29985,02943,651101,39736,967-13,821-2,452-100,989
Depreciation11,8850000000001892523364480
Amortisation000000000000000
Tax-28,455-11,889-16,937-9,6630-13,609-16,917-16,380-15,907-7,797-22,563-8,885000
Stock00-820,741000000001,20000819,541
Debtors23,999-53,72253,88514,959-8,61126,127-15,199-9,4001917,89717,3188,963003,719
Creditors96-7979000-4,003-71,48714,3067,55746,479-35,275-890,2136,053926,583
Accruals and Deferred Income2,010-7,084-6,15542,52025,625-34,9724,41361,8990000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations73,630114,374862,58598,21755,41431,101111,36474,73183,23735,514108,184-17,104-903,6984,0492,334
Investing Activities
capital expenditure-79,231000000005680000-1,793
Change in Investments00820,741000000000000
cash flow from investments-79,2310-820,7410000005680000-1,793
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-3,282314,8700-5,00025,00057,420-26,57926,5790000000
Other Short Term Loans 000000000000000
Long term loans0-470,66719,667-22,000-22,000-22,000332,099113,476-26,247-6,314103,9860000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000-47,253-372,868-213,200-51,000-35,627-216,18236,130900,00000
share issue000000000000001
interest1,725-17,129-29,600-29,458-33,910-34,180-23,637-9,396-5,493-6,521-3,2985214131
cash flow from financing-1,557-172,926-9,933-56,458-30,910-46,013-90,985-82,541-82,740-48,462-115,49436,182900,014132
cash and cash equivalents
cash-7,157-88,88640,24441,75824,504-14,9137,38027,189497-12,381-7,31019,079-3,6844,062543
overdraft0-30,3338,333000-13,00035,0000000000
change in cash-7,157-58,55331,91141,75824,504-14,91320,380-7,811497-12,381-7,31019,079-3,6844,062543

great minds property group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Great Minds Property Group Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

david armstrong 100%

great minds property group limited directors

Great Minds Property Group Limited currently has 1 director, Mr David Armstrong serving since Dec 2005.

officercountryagestartendrole
Mr David ArmstrongEngland50 years Dec 2005- Director

P&L

June 2023

turnover

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 2023

net 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

None

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.

Click to start generating capital raising & share issue transactions for GREAT MINDS PROPERTY GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.

great minds property group limited Companies House Filings - See Documents

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