Gillcrest Homes (kent) Limited

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gillcrest homes (kent) limited Company Information

Live

EstablishedSmallDeclining

Company Number

05802074

Next Accounts

Feb 2025

Industry

Buying and selling of own real estate

Directors

Harminder Gill

Shareholders

kanwaljit gill

gillcrest holdings ltd

Group Structure

View All

Contact

Registered Address

alpha house, laser quay, culpeper close, rochester, kent, ME2 4HU

Website

gillcrest.co.uk

gillcrest homes (kent) limited Estimated Valuation

£7.4m

Pomanda estimates the enterprise value of GILLCREST HOMES (KENT) LIMITED at £7.4m based on a Turnover of £3.4m and 2.21x industry multiple (adjusted for size and gross margin).

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Gillcrest Homes (kent) Limited is a live company located in rochester, ME2 4HU with a Companies House number of 05802074. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2006, it's largest shareholder is kanwaljit gill with a 100% stake. Gillcrest Homes (kent) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with declining growth in recent years.

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Pomanda's financial health check has awarded Gillcrest Homes (Kent) Limited a 3 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

Health Rating3out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £3.4m, make it larger than the average company (£857.7k)

Growth

3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (2.2%)

EXPORT

Gillcrest Homes (Kent) Limited's latest turnover from May 2023 is estimated at £3.4 million and the company has net assets of £211.6 thousand. According to their latest financial statements, we estimate that Gillcrest Homes (Kent) Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011
Turnover	3,360,111	2,627,293	9,268,578	10,844,926	8,206,036	6,261,525	5,879,212	9,004,721	898,154	660,193	1,608,435	5,458,703	1,815,910
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,475,766	1,915,411	7,109,699	8,578,560	6,191,963	4,673,784	4,504,860	6,652,429	683,019	525,207	1,268,555	4,377,127	1,462,672
Gross Profit	884,346	711,883	2,158,879	2,266,366	2,014,073	1,587,741	1,374,352	2,352,292	215,135	134,986	339,880	1,081,576	353,238
Admin Expenses	865,594	495,835	2,169,390	2,495,746	1,999,200	1,353,373	1,058,415	2,342,406	305,987	223,971	274,423	1,163,453	349,119
Operating Profit	18,752	216,048	-10,511	-229,380	14,873	234,368	315,937	9,886	-90,852	-88,985	65,457	-81,877	4,119
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	169	449	141	2,369	2,432	93	0
Pre-Tax Profit	18,752	216,048	-10,511	-229,380	14,873	234,368	316,106	10,335	-90,711	-86,616	67,888	-81,784	4,119
Tax	-4,688	-41,049	0	0	-2,826	-44,530	-60,060	-2,067	0	0	-15,614	0	-1,071
Profit After Tax	14,064	174,999	-10,511	-229,380	12,047	189,838	256,046	8,268	-90,711	-86,616	52,274	-81,784	3,048
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	14,064	174,999	-10,511	-229,380	12,047	189,838	256,046	8,268	-90,711	-86,616	52,274	-81,784	3,048
Employee Costs	178,005	145,647	562,125	565,081	580,875	370,752	391,398	531,073	70,183	36,891	105,865	307,149	102,385
Number Of Employees	5	4	16	14	15	10	11	14	2	1	3	9	3
EBITDA*	18,752	216,048	-10,511	-229,380	14,873	234,368	315,937	10,781	-90,212	-88,985	65,457	-81,877	4,119

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011
Tangible Assets	2,990	2,849	3,605	3,889	5,833	6,863	881	1,321	1,529	1,167	0	0	0
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,990	2,849	3,605	3,889	5,833	6,863	881	1,321	1,529	1,167	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	1,061,598	4,569,843	1,369,396
Trade Debtors	928,646	765,210	2,843,594	2,853,628	2,245,595	1,667,346	1,471,979	2,278,307	64,524	62,664	331,395	1,202,265	503,247
Group Debtors	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
Cash	0	0	0	0	0	0	0	135,177	44,354	12,014	935,435	37,174	1
misc current assets	0	0	0	0	0	0	0	68,019	1,965,562	1,070,282	0	0	0
total current assets	928,646	765,210	2,843,594	2,853,628	2,245,595	1,667,346	1,471,979	2,481,503	2,074,440	1,144,960	2,328,428	5,809,282	1,872,644
total assets	931,636	768,059	2,847,199	2,857,517	2,251,428	1,674,209	1,472,860	2,482,824	2,075,969	1,146,127	2,328,428	5,809,282	1,872,644
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	720,054	570,541	2,824,680	2,824,487	1,989,018	1,423,846	1,412,335	2,428,345	2,029,758	1,009,205	2,104,890	5,638,018	1,619,596
Group/Directors Accounts	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
hp & lease commitments	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
total current liabilities	720,054	570,541	2,824,680	2,824,487	1,989,018	1,423,846	1,412,335	2,428,345	2,029,758	1,009,205	2,104,890	5,638,018	1,619,596
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	720,054	570,541	2,824,680	2,824,487	1,989,018	1,423,846	1,412,335	2,428,345	2,029,758	1,009,205	2,104,890	5,638,018	1,619,596
net assets	211,582	197,518	22,519	33,030	262,410	250,363	60,525	54,479	46,211	136,922	223,538	171,264	253,048
total shareholders funds	211,582	197,518	22,519	33,030	262,410	250,363	60,525	54,479	46,211	136,922	223,538	171,264	253,048

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	18,752	216,048	-10,511	-229,380	14,873	234,368	315,937	9,886	-90,852	-88,985	65,457	-81,877	4,119	0
Depreciation	0	0	0	0	0	0	0	895	640	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-4,688	-41,049	0	0	-2,826	-44,530	-60,060	-2,067	0	0	-15,614	0	-1,071	0
Stock	0	0	0	0	0	0	0	0	0	-1,061,598	-3,508,245	3,200,447	1,369,396	0
Debtors	163,436	-2,078,384	-10,034	608,033	578,249	195,367	-806,328	2,213,783	1,860	-268,731	-870,870	699,018	503,247	0
Creditors	149,513	-2,254,139	193	835,469	565,172	11,511	-1,016,010	398,587	1,020,553	-1,095,685	-3,533,128	4,018,422	1,619,596	0
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	141	-756	-284	-1,944	-1,030	5,982	46,195	-1,806,482	928,481	145,659	895,830	37,080	-249,999	0
Investing Activities
capital expenditure	-141	756	284	1,944	1,030	-5,982	440	-687	-1,002	-1,167	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-141	756	284	1,944	1,030	-5,982	440	-687	-1,002	-1,167	0	0	0	0
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	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	-250,000	0	0	0	0	0	250,000	0
interest	0	0	0	0	0	0	169	449	141	2,369	2,432	93	0	0
cash flow from financing	0	0	0	0	0	0	-249,831	449	141	2,369	2,432	93	250,000	0
cash and cash equivalents
cash	0	0	0	0	0	0	-135,177	90,823	32,340	-923,421	898,261	37,173	1	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-135,177	90,823	32,340	-923,421	898,261	37,173	1	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for gillcrest homes (kent) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in ME2 area or any other competitors across 12 key performance metrics.

GILLCREST HOMES (KENT) LIMITED group structure

Gillcrest Homes (Kent) Limited has no subsidiary companies.

Ultimate parent company

GILLCREST HOMES (KENT) LIMITED

05802074

GILLCREST HOMES (KENT) LIMITED Shareholders

kanwaljit gill	100%
gillcrest holdings ltd	0%

Gillcrest Homes (Kent) Limited currently has 1 director, Mr Harminder Gill serving since May 2006.

officer	country	age	start	end	role
Mr Harminder Gill		57 years	May 2006	-	Director

P&L

May 2023

turnover

3.4m

+28%

operating profit

18.8k

gross margin

26.4%

-2.87%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

211.6k

+0.07%

total assets

931.6k

+0.21%

cash

net assets

Total assets minus all liabilities

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company number

05802074

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

May 2006

ultimate parent company

None

previous names

N/A

address

alpha house, laser quay, culpeper close, rochester, kent, ME2 4HU

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 gillcrest homes (kent) limited. Currently there are 1 open charges and 0 have been satisfied in the past.

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gillcrest homes (kent) limited Company Information

gillcrest homes (kent) limited Estimated Valuation

gillcrest homes (kent) limited Estimated Valuation

gillcrest homes (kent) limited Estimated Valuation

Gillcrest Homes (kent) Limited Overview

Gillcrest Homes (kent) Limited Health Check

GILLCREST HOMES (KENT) LIMITED financials

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gillcrest homes (kent) limited Ownership

gillcrest homes (kent) limited directors

gillcrest homes (kent) limited company details

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