Ground Investigation Limited

POWER SEARCH PRICING

SOLUTIONS

ground investigation limited Company Information

Live

EstablishedMicroDeclining

Company Number

06338959

Website

www.ground-investigation.com

Registered Address

unit 3, westfield court, barns ground, clevedon, BS21 6FQ

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

Telephone

01275876903

Next Accounts Due

March 2025

Group Structure

View All

Directors

Timothy Gillbanks17 Years

Richard Colwill0 Years

Shareholders

timothy james gillbanks 90%

ruth veronica gillbanks 10%

ground investigation limited Estimated Valuation

£437.1k

Pomanda estimates the enterprise value of GROUND INVESTIGATION LIMITED at £437.1k based on Net Assets of £211.2k and 2.07x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ground Investigation Limited is a live company located in clevedon, BS21 6FQ with a Companies House number of 06338959. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in August 2007, it's largest shareholder is timothy james gillbanks with a 90% stake. Ground Investigation Limited is a established, micro sized company, Pomanda has estimated its turnover at £380.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ground Investigation Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

2 Strong

2 Regular

7 Weak

Size

annual sales of £380.6k, make it smaller than the average company (£5.9m)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.9%)

EXPORT

Ground Investigation Limited's latest turnover from June 2023 is estimated at £380.6 thousand and the company has net assets of £211.2 thousand. According to their latest financial statements, Ground Investigation Limited has 4 employees and maintains cash reserves of £53.4 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	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	380,649	298,184	368,697	420,433	499,445	531,508	434,815	299,852	378,632	496,436	458,474	326,817	203,315	252,856
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	329,748	257,555	322,124	359,404	428,615	450,834	366,452	248,975	319,847	420,019	386,394	274,566	166,638	205,633
Gross Profit	50,901	40,630	46,574	61,029	70,831	80,674	68,363	50,877	58,785	76,417	72,080	52,251	36,677	47,223
Admin Expenses	47,061	47,720	76,230	48,631	50,493	12,283	-33,535	86,477	29,711	44,499	8,322	-7,480	28,169	21,262
Operating Profit	3,840	-7,090	-29,656	12,398	20,338	68,391	101,898	-35,600	29,074	31,918	63,758	59,731	8,508	25,961
Interest Payable	6,769	5,181	2,332	0	3,361	6,763	7,069	7,644	8,109	4,290	4,258	8,515	4,258	0
Interest Receivable	2,842	878	78	79	524	232	129	413	419	261	145	115	72	20
Pre-Tax Profit	-86	-11,393	-31,911	12,477	17,501	61,860	94,959	-42,831	21,384	27,890	59,645	51,332	4,323	25,981
Tax	0	0	0	-2,371	-3,325	-11,753	-18,042	0	-4,277	-5,857	-13,718	-12,320	-1,124	-7,275
Profit After Tax	-86	-11,393	-31,911	10,106	14,176	50,107	76,917	-42,831	17,107	22,033	45,927	39,012	3,199	18,706
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-86	-11,393	-31,911	10,106	14,176	50,107	76,917	-42,831	17,107	22,033	45,927	39,012	3,199	18,706
Employee Costs	183,098	173,323	167,800	169,138	169,272	167,456	120,444	118,994	78,229	75,656	73,867	73,823	36,223	69,817
Number Of Employees	4	4	4	4	4	4	3	3	2	2	2	2	1	2
EBITDA*	25,428	17,977	-8,842	34,887	25,909	79,783	108,068	-29,757	36,350	35,845	68,450	63,751	13,833	27,964

* 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	67,465	87,710	237,567	258,215	226,941	223,701	218,054	189,400	194,975	201,711	188,198	184,804	188,389	192,020
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	173,730	173,730	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	241,195	261,440	237,567	258,215	226,941	223,701	218,054	189,400	194,975	201,711	188,198	184,804	188,389	192,020
Stock & work in progress	0	0	0	0	0	0	0	0	0	83	416	0	11,050	7,050
Trade Debtors	106,201	85,308	120,638	113,340	138,394	179,258	153,193	77,559	78,273	137,268	137,062	78,491	34,230	50,231
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	7,866	11,249	2,210	0	0	0	0	0	0
Cash	53,377	60,322	80,154	75,720	81,335	58,413	34,445	69,144	95,969	71,515	33,042	25,107	21,039	7,837
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	159,578	145,630	200,792	189,060	219,729	245,537	198,887	148,913	174,242	208,866	170,520	103,598	66,319	65,118
total assets	400,773	407,070	438,359	447,275	446,670	469,238	416,941	338,313	369,217	410,577	358,718	288,402	254,708	257,138
Bank overdraft	9,841	10,020	9,300	0	0	8,868	8,981	8,481	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	61,244	37,898	58,137	81,833	112,517	72,565	72,140	61,168	103,101	146,115	115,245	90,535	93,136	96,250
Group/Directors Accounts	119	10,119	115	0	0	26	0	152	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	5,149	4,819	4,835	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	47,859	48,779	46,093	0	0	59,866	51,324	54,334	0	0	0	0	0	0
total current liabilities	124,212	111,635	118,480	81,833	112,517	141,325	132,445	124,135	103,101	146,115	115,245	90,535	93,136	96,250
loans	46,772	56,433	67,174	0	0	90,719	99,526	109,211	117,514	132,000	0	131,000	131,000	0
hp & lease commitments	5,802	11,082	17,928	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	0	96,376	81,408	0	0	0	0	0	133,635	3,635	5,635	138,241
provisions	12,818	16,665	12,129	14,507	8,292	6,917	4,800	1,714	2,518	3,485	2,894	2,215	2,932	3,841
total long term liabilities	65,392	84,180	97,231	110,883	89,700	97,636	104,326	110,925	120,032	135,485	136,529	136,850	139,567	142,082
total liabilities	189,604	195,815	215,711	192,716	202,217	238,961	236,771	235,060	223,133	281,600	251,774	227,385	232,703	238,332
net assets	211,169	211,255	222,648	254,559	244,453	230,277	180,170	103,253	146,084	128,977	106,944	61,017	22,005	18,806
total shareholders funds	211,169	211,255	222,648	254,559	244,453	230,277	180,170	103,253	146,084	128,977	106,944	61,017	22,005	18,806

	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	3,840	-7,090	-29,656	12,398	20,338	68,391	101,898	-35,600	29,074	31,918	63,758	59,731	8,508	25,961
Depreciation	21,588	25,067	20,814	22,489	5,571	11,392	6,170	5,843	7,276	3,927	4,692	4,020	5,325	2,003
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	-2,371	-3,325	-11,753	-18,042	0	-4,277	-5,857	-13,718	-12,320	-1,124	-7,275
Stock	0	0	0	0	0	0	0	0	-83	-333	416	-11,050	4,000	7,050
Debtors	20,893	-35,330	7,298	-25,054	-48,730	22,682	84,673	1,496	-58,995	206	58,571	44,261	-16,001	50,231
Creditors	23,346	-20,239	-23,696	-30,684	39,952	425	10,972	-41,933	-43,014	30,870	24,710	-2,601	-3,114	96,250
Accruals and Deferred Income	-920	2,686	46,093	0	-59,866	8,542	-3,010	54,334	0	0	0	0	0	0
Deferred Taxes & Provisions	-3,847	4,536	-2,378	6,215	1,375	2,117	3,086	-804	-967	591	679	-717	-909	3,841
Cash flow from operations	23,114	40,290	3,879	33,101	52,775	56,432	16,401	-19,656	47,170	61,576	21,134	14,902	20,687	63,499
Investing Activities
capital expenditure	-1,343	124,790	-166	-53,763	-8,811	-17,039	-34,824	-268	-540	-17,440	-8,086	-435	-1,694	-194,023
Change in Investments	0	173,730	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,343	-48,940	-166	-53,763	-8,811	-17,039	-34,824	-268	-540	-17,440	-8,086	-435	-1,694	-194,023
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-10,000	10,004	115	0	-26	26	-152	152	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	-9,661	-10,741	67,174	0	-90,719	-8,807	-9,685	-8,303	-14,486	132,000	-131,000	0	131,000	0
Hire Purchase and Lease Commitments	-4,950	-6,862	22,763	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	-96,376	14,968	81,408	0	0	0	0	-133,635	130,000	-2,000	-132,606	138,241
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	-3,927	-4,303	-2,254	79	-2,837	-6,531	-6,940	-7,231	-7,690	-4,029	-4,113	-8,400	-4,186	20
cash flow from financing	-28,538	-11,902	-8,578	15,047	-12,174	-15,312	-16,777	-15,382	-22,176	-5,664	-5,113	-10,400	-5,792	138,361
cash and cash equivalents
cash	-6,945	-19,832	4,434	-5,615	22,922	23,968	-34,699	-26,825	24,454	38,473	7,935	4,068	13,202	7,837
overdraft	-179	720	9,300	0	-8,868	-113	500	8,481	0	0	0	0	0	0
change in cash	-6,766	-20,552	-4,866	-5,615	31,790	24,081	-35,199	-35,306	24,454	38,473	7,935	4,068	13,202	7,837

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ground investigation limited. Get real-time insights into ground investigation limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for ground investigation limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BS21 area or any other competitors across 12 key performance metrics.

GROUND INVESTIGATION LIMITED group structure

Ground Investigation Limited has no subsidiary companies.

Ultimate parent company

GROUND INVESTIGATION LIMITED

06338959

GROUND INVESTIGATION LIMITED Shareholders

timothy james gillbanks	90%
ruth veronica gillbanks	10%

Ground Investigation Limited currently has 2 directors. The longest serving directors include Mr Timothy Gillbanks (Aug 2007) and Mr Richard Colwill (Mar 2024).

officer	country	age	start	end	role
Mr Timothy Gillbanks	England	58 years	Aug 2007	-	Director
Mr Richard Colwill	England	46 years	Mar 2024	-	Director

P&L

June 2023

turnover

380.6k

+28%

operating profit

3.8k

gross margin

13.4%

-1.86%

turnover

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

Balance Sheet

June 2023

net assets

211.2k

total assets

400.8k

-0.02%

cash

53.4k

-0.12%

net assets

Total assets minus all liabilities

Similar Companies

sss welding and fabrications ltd.

aspen construction and civil engineering limited

tsg mechanical limited

smw maintenance & building ltd

3.5

south wales concrete pumping ltd

3.5

company number

06338959

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

August 2007

accounts

Unaudited Abridged

ultimate parent company

None

previous names

ground investigation (south west) limited (July 2018)

last accounts submitted

June 2023

address

unit 3, westfield court, barns ground, clevedon, BS21 6FQ

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 ground investigation limited. Currently there are 1 open charges and 0 have been satisfied in the past.

ground investigation limited Company Information

ground investigation limited Estimated Valuation

ground investigation limited Estimated Valuation

ground investigation limited Estimated Valuation

Ground Investigation Limited Overview

Ground Investigation Limited Health Check

GROUND INVESTIGATION LIMITED financials

ground investigation limited Credit Report and Business Information

Ground Investigation Limited Competitor Analysis

ground investigation limited Ownership

ground investigation limited directors

ground investigation limited company details

ground investigation limited Charges & Mortgages

ground investigation limited Companies House Filings - See Documents