Pomanda estimates the enterprise value of GRAVITY UNDERWRITING LIMITED at £0 based on a Turnover of £0 and 0.92x industry multiple (adjusted for size and gross margin).
gravity underwriting limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GRAVITY UNDERWRITING LIMITED at £0 based on an EBITDA of £-41.5k and a 5.14x industry multiple (adjusted for size and gross margin).
gravity underwriting limitedEstimated Valuation
£3.2m
Pomanda estimates the enterprise value of GRAVITY UNDERWRITING LIMITED at £3.2m based on Net Assets of £1.9m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gravity Underwriting LimitedOverview
Gravity Underwriting Limited is a live company located in london, EC3M 3BY with a Companies House number of 06710911. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in September 2008, it's largest shareholder is
allied world assurance holdings (ireland) ltd
with a 100% stake. Gravity Underwriting Limited is a established,
unknown sized company, Pomanda has estimated its turnover at
£0 with
declining
growth in recent years.
Pomanda's financial health check has awarded Gravity Underwriting Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.9%)
- - Gravity Underwriting Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
- - Gravity Underwriting Limited
- - Industry AVG
Pay Structure
on an average salary of £52.3k, the company has an equivalent pay structure (£52.3k)
- - Gravity Underwriting Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Underwriting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 339 weeks, this is more cash available to meet short term requirements (33 weeks)
- - Gravity Underwriting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.1%, this is a lower level of debt than the average (58.1%)
- - Gravity Underwriting Limited
- - Industry AVG
GRAVITY UNDERWRITING LIMITED financials
EXPORT
Gravity Underwriting Limited's latest turnover from December 2023 is 0 and the company has net assets of £1.9 million. According to their latest financial statements, we estimate that Gravity Underwriting Limited has 1 employee and maintains cash reserves of £942.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
4,425
-82,015
13,521
460,559
600,499
1,789,130
1,760,613
1,774,885
1,361,691
1,111,966
196,793
93,969
133,194
38,482
Other Income Or Grants
Cost Of Sales
252
-8,451
1,477
58,663
75,665
233,143
249,895
950
21
64,566
25,322
36,422
10,881
Gross Profit
4,173
-73,564
12,044
401,896
524,834
1,555,987
1,510,718
1,773,935
1,361,670
1,111,966
132,228
68,647
96,772
27,601
Admin Expenses
41,531
89,594
23,671
48,286
-29,249
698,226
1,080,978
1,039,730
626,807
1,302,896
906,688
195,244
-224,736
104,496
28,134
Operating Profit
-41,531
-85,421
-97,235
-36,242
431,145
-173,392
475,009
470,988
1,147,128
58,774
205,278
-63,016
293,383
-7,724
-533
Interest Payable
52,312
Interest Receivable
1,965
2,291
1,851
533
Pre-Tax Profit
-41,531
-85,421
-97,235
-36,242
431,145
-173,392
475,009
470,988
1,147,128
6,462
205,278
-61,051
295,674
-5,873
Tax
81,309
-84,126
26,958
-96,317
-98,461
-241,391
-13,699
-47,069
-76,875
Profit After Tax
-41,531
-85,421
-97,235
45,067
347,019
-146,434
378,692
372,527
905,737
-7,237
158,209
-61,051
218,799
-5,873
Dividends Paid
750,000
27,375
135,805
Retained Profit
-41,531
-85,421
-97,235
45,067
347,019
-146,434
-371,308
345,152
905,737
-7,237
22,404
-61,051
218,799
-5,873
Employee Costs
52,327
49,631
294,021
696,324
654,006
386,754
674,157
528,045
119,187
78,760
74,701
39,906
Number Of Employees
1
1
1
1
5
2
9
9
10
16
13
3
2
2
1
EBITDA*
-41,531
-85,421
-97,235
-36,242
431,145
-2,935
645,466
641,445
1,151,295
71,659
219,077
-47,139
312,271
5,567
727
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
18,059
19,225
28,146
39,710
56,563
46,053
3,392
Intangible Assets
170,456
340,913
477,973
444,118
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
170,456
340,913
496,032
463,343
28,146
39,710
56,563
46,053
3,392
Stock & work in progress
Trade Debtors
1,807,382
1,903,549
1,911,800
1,697,945
1,795,621
1,509,577
1,004,717
471,574
285,128
17,940
17,631
5,285
Group Debtors
Misc Debtors
1,085,348
1,739,151
7,879
18,237
9,093
30,325
37,367
26,680
Cash
942,338
373,487
359,925
336,599
454,098
718,585
2,223,838
2,571,691
1,575,537
796,323
803,423
396,870
389,280
527,297
213,261
misc current assets
total current assets
2,027,686
2,112,638
2,167,307
2,240,148
2,365,898
2,424,409
4,037,696
4,090,361
2,610,579
1,305,264
1,115,231
396,870
407,220
544,928
218,546
total assets
2,027,686
2,112,638
2,167,307
2,240,148
2,365,898
2,424,409
4,208,152
4,431,274
3,106,611
1,768,607
1,143,377
436,580
463,783
590,981
221,938
Bank overdraft
Bank loan
Trade Creditors
29,094
111,570
439
239,408
205,560
551,557
176,641
Group/Directors Accounts
86,504
56,199
39,846
21,271
84,391
197,794
280,978
219,882
other short term finances
hp & lease commitments
other current liabilities
28,750
20,000
117,171
111,352
219,049
511,176
2,035,708
1,915,178
1,124,596
699,898
153,848
total current liabilities
144,348
187,769
157,017
132,623
303,440
708,970
2,316,686
2,135,060
1,125,035
699,898
153,848
239,408
205,560
551,557
176,641
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
29,593
63,033
93,547
86,417
total long term liabilities
29,593
63,033
93,547
86,417
total liabilities
144,348
187,769
157,017
132,623
303,440
708,970
2,346,279
2,198,093
1,218,582
786,315
153,848
239,408
205,560
551,557
176,641
net assets
1,883,338
1,924,869
2,010,290
2,107,525
2,062,458
1,715,439
1,861,873
2,233,181
1,888,029
982,292
989,529
197,172
258,223
39,424
45,297
total shareholders funds
1,883,338
1,924,869
2,010,290
2,107,525
2,062,458
1,715,439
1,861,873
2,233,181
1,888,029
982,292
989,529
197,172
258,223
39,424
45,297
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-41,531
-85,421
-97,235
-36,242
431,145
-173,392
475,009
470,988
1,147,128
58,774
205,278
-63,016
293,383
-7,724
-533
Depreciation
4,167
12,885
13,799
15,877
18,888
13,291
1,260
Amortisation
170,457
170,457
170,457
Tax
81,309
-84,126
26,958
-96,317
-98,461
-241,391
-13,699
-47,069
-76,875
Stock
Debtors
-653,803
-68,231
-96,167
-8,251
205,976
-108,034
295,188
483,628
723,234
197,133
311,808
-17,940
309
12,346
5,285
Creditors
-82,476
111,570
-439
439
-239,408
33,848
-345,997
374,916
176,641
Accruals and Deferred Income
8,750
-97,171
5,819
-107,697
-292,127
-1,524,532
120,530
790,582
970,748
546,050
153,848
Deferred Taxes & Provisions
-29,593
-33,440
-30,514
93,547
86,417
Cash flow from operations
538,546
-2,791
4,751
-54,379
-151,084
-1,422,068
341,051
818,985
1,251,404
493,294
-225,360
4,649
-110,910
368,137
172,083
Investing Activities
capital expenditure
-1
-34,622
143,482
-448,082
-2,235
976
-29,398
-55,952
-4,652
Change in Investments
cash flow from investments
-1
-34,622
143,482
-448,082
-2,235
976
-29,398
-55,952
-4,652
Financing Activities
Bank loans
Group/Directors Accounts
30,305
16,353
18,575
-63,120
-113,403
-83,184
61,096
219,882
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-7,237
769,953
45,297
interest
-52,312
1,965
2,291
1,851
533
cash flow from financing
30,305
16,353
18,575
-63,120
-113,403
-83,184
61,096
219,882
-7,237
-52,312
769,953
1,965
2,291
1,851
45,830
cash and cash equivalents
cash
568,851
13,562
23,326
-117,499
-264,487
-1,505,253
-347,853
996,154
772,114
-7,100
406,553
7,590
-138,017
314,036
213,261
overdraft
change in cash
568,851
13,562
23,326
-117,499
-264,487
-1,505,253
-347,853
996,154
772,114
-7,100
406,553
7,590
-138,017
314,036
213,261
gravity underwriting limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gravity underwriting limited. Get real-time insights into gravity underwriting limited's credit score, group structure and payment trends.
Perform a competitor analysis for gravity underwriting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in EC3M area or any other competitors across 12 key performance metrics.
gravity underwriting limited Ownership
GRAVITY UNDERWRITING LIMITED group structure
Gravity Underwriting Limited has no subsidiary companies.
Ultimate parent company
GRAVITY UNDERWRITING LIMITED
06710911
GRAVITY UNDERWRITING LIMITED Shareholders
The sole shareholder of Gravity Underwriting Limited is Allied World Assurance Holdings (Ireland) Ltd.
allied world assurance holdings (ireland) ltd
100%
gravity underwriting limited directors
Gravity Underwriting Limited currently has 1 director, Mr Peter Ford serving since Jan 2023.
66220 - Activities of insurance agents and brokers
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
19th floor 20 fenchurch street, london, EC3M 3BY
Bank
-
Legal Advisor
-
gravity underwriting 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 did not find charges/mortgages relating to gravity underwriting limited.
gravity underwriting 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 GRAVITY UNDERWRITING LIMITED. This can take several minutes, an email will notify you when this has completed.
gravity underwriting limitedCompanies House Filings - See Documents
