Pomanda estimates the enterprise value of GROUNDWORK WEST MIDLANDS at £1.4m based on a Turnover of £3.2m and 0.44x industry multiple (adjusted for size and gross margin).
groundwork west midlandsEstimated Valuation
£739.1k
Pomanda estimates the enterprise value of GROUNDWORK WEST MIDLANDS at £739.1k based on an EBITDA of £182.4k and a 4.05x industry multiple (adjusted for size and gross margin).
groundwork west midlandsEstimated Valuation
£3.7m
Pomanda estimates the enterprise value of GROUNDWORK WEST MIDLANDS at £3.7m based on Net Assets of £1.7m and 2.19x industry multiple (adjusted for liquidity).
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Groundwork West MidlandsOverview
Groundwork West Midlands is a live company located in tipton, DY4 8QL with a Companies House number of 06823225. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2009, it's largest shareholder is
unknown.
Groundwork West Midlands is a established,
small sized company, Pomanda has estimated its turnover at
£3.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Groundwork West Midlands a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
2 Regular
3 Weak
Size
annual sales of £3.2m, make it larger than the average company (£2m)
£3.2m - Groundwork West Midlands
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.2%)
27% - Groundwork West Midlands
8.2% - Industry AVG
Production
with a gross margin of 51%, this company has a comparable cost of product (51%)
51% - Groundwork West Midlands
51% - Industry AVG
Profitability
an operating margin of 5.4% make it more profitable than the average company (3.6%)
5.4% - Groundwork West Midlands
3.6% - Industry AVG
Employees
with 58 employees, this is above the industry average (17)
58 - Groundwork West Midlands
17 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£31.8k)
£30k - Groundwork West Midlands
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £54.9k, this is less efficient (£76k)
£54.9k - Groundwork West Midlands
£76k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (29 days)
40 days - Groundwork West Midlands
29 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (18 days)
34 days - Groundwork West Midlands
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Groundwork West Midlands
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is less cash available to meet short term requirements (93 weeks)
31 weeks - Groundwork West Midlands
93 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.8%, this is a lower level of debt than the average (41.3%)
24.8% - Groundwork West Midlands
41.3% - Industry AVG
GROUNDWORK WEST MIDLANDS financials
EXPORT
Groundwork West Midlands's latest turnover from March 2024 is £3.2 million and the company has net assets of £1.7 million. According to their latest financial statements, Groundwork West Midlands has 58 employees and maintains cash reserves of £337.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
3,185,789
3,241,445
2,702,203
1,543,980
1,829,484
1,988,855
1,964,404
1,834,392
2,033,663
2,888,379
3,637,149
4,551,612
11,668,672
17,554,857
8,107,624
Other Income Or Grants
Cost Of Sales
1,561,162
1,657,872
1,381,090
844,939
976,694
1,002,456
956,886
901,397
1,225,914
1,749,301
2,210,421
2,702,381
6,448,582
9,692,112
4,619,298
Gross Profit
1,624,627
1,583,574
1,321,113
699,041
852,790
986,399
1,007,518
932,995
807,749
1,139,078
1,426,728
1,849,231
5,220,090
7,862,745
3,488,326
Admin Expenses
1,452,041
1,255,747
1,236,550
943,256
1,841,905
1,566,587
1,838,902
1,651,390
1,374,626
1,331,098
1,400,174
2,847,068
1,711,590
6,136,016
1,064,054
Operating Profit
172,586
327,827
84,563
-244,215
-989,115
-580,188
-831,384
-718,395
-566,877
-192,020
26,554
-997,837
3,508,500
1,726,729
2,424,272
Interest Payable
Interest Receivable
Pre-Tax Profit
142,421
269,063
63,354
-246,209
-1,008,196
-612,676
-843,462
-717,671
-563,939
-181,594
32,758
-979,461
2,610,359
1,241,932
1,738,120
Tax
Profit After Tax
142,421
269,063
63,354
-246,209
-1,008,196
-612,676
-843,462
-717,671
-563,939
-181,594
32,758
-979,461
2,610,359
1,241,932
1,738,120
Dividends Paid
Retained Profit
142,421
269,063
63,354
-246,209
-1,008,196
-612,676
-843,462
-717,671
-563,939
-181,594
32,758
-979,461
2,610,359
1,241,932
1,738,120
Employee Costs
1,740,611
1,866,957
1,658,546
1,237,325
1,468,402
1,783,305
1,873,239
1,618,300
1,626,022
1,898,222
2,153,146
3,261,338
3,964,504
5,258,387
2,680,826
Number Of Employees
58
64
68
60
58
74
79
57
50
57
64
114
145
221
84
EBITDA*
182,377
339,417
97,823
-227,546
-932,166
-517,256
-763,049
-641,138
-497,937
-132,184
88,179
-914,971
3,579,753
1,814,708
2,483,149
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
8,536
18,326
29,916
15,866
38,253
955,811
997,108
1,024,036
1,031,906
1,070,833
1,078,045
1,144,379
1,183,829
1,162,717
1,220,059
Intangible Assets
314
3,281
7,985
12,714
11,861
Investments & Other
1,279,013
1,155,743
1,233,738
1,206,736
1,004,507
1,712,130
2,285,394
2,462,592
2,788,905
2,719,012
Debtors (Due After 1 year)
Total Fixed Assets
1,287,549
1,174,069
1,263,654
1,222,602
1,042,760
2,668,255
3,285,783
3,494,613
3,833,525
3,801,706
1,078,045
1,144,379
1,183,829
1,162,717
1,220,059
Stock & work in progress
Trade Debtors
350,531
318,924
365,038
94,576
197,062
132,461
130,182
116,959
183,189
244,274
314,750
623,725
625,592
3,601,466
2,462,637
Group Debtors
Misc Debtors
249,522
226,062
142,156
136,155
100,364
282,539
200,212
279,390
57,263
219,195
379,266
337,406
521,654
438,299
958,988
Cash
337,333
322,059
390,753
136,900
270,987
225,182
99,720
282,139
297,412
877,594
3,292,651
3,102,943
4,247,502
3,357,196
1,461,487
misc current assets
total current assets
937,386
867,045
897,947
367,631
568,413
640,182
430,114
678,488
537,864
1,341,063
3,986,667
4,064,074
5,394,748
7,396,961
4,883,112
total assets
2,224,935
2,041,114
2,161,601
1,590,233
1,611,173
3,308,437
3,715,897
4,173,101
4,371,389
5,142,769
5,064,712
5,208,453
6,578,577
8,559,678
6,103,171
Bank overdraft
210,696
36,026
36,026
597,703
401,000
Bank loan
239,281
Trade Creditors
148,722
69,965
187,873
39,839
71,621
120,225
94,247
67,235
54,170
165,923
114,479
161,774
346,423
258,371
777,461
Group/Directors Accounts
1
1
other short term finances
hp & lease commitments
other current liabilities
403,536
440,893
501,839
316,531
261,709
282,221
299,686
380,265
395,388
431,347
306,525
420,035
599,144
5,242,783
3,160,806
total current liabilities
552,259
510,859
900,408
392,396
369,356
1,000,149
794,933
447,500
449,558
597,270
421,004
581,809
945,567
5,501,154
4,177,548
loans
187,503
hp & lease commitments
Accruals and Deferred Income
other liabilities
15,694
42,599
78,472
provisions
total long term liabilities
15,694
42,599
78,472
187,503
total liabilities
552,259
510,859
900,408
392,396
369,356
1,000,149
794,933
447,500
449,558
597,270
421,004
597,503
988,166
5,579,626
4,365,051
net assets
1,672,676
1,530,255
1,261,193
1,197,837
1,241,817
2,308,288
2,920,964
3,725,601
3,921,831
4,545,499
4,643,708
4,610,950
5,590,411
2,980,052
1,738,120
total shareholders funds
1,672,676
1,530,255
1,261,193
1,197,837
1,241,817
2,308,288
2,920,964
3,725,601
3,921,831
4,545,499
4,643,708
4,610,950
5,590,411
2,980,052
1,738,120
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
172,586
327,827
84,563
-244,215
-989,115
-580,188
-831,384
-718,395
-566,877
-192,020
26,554
-997,837
3,508,500
1,726,729
2,424,272
Depreciation
9,791
11,590
13,260
16,669
56,635
59,965
63,631
72,528
64,523
58,048
61,625
82,866
71,253
87,979
58,877
Amortisation
314
2,967
4,704
4,729
4,417
1,788
Tax
Stock
Debtors
55,067
37,792
276,463
-66,695
-117,574
84,606
-65,955
155,897
-223,017
-230,547
-267,115
-186,115
-2,892,519
618,140
3,421,625
Creditors
78,757
-117,908
148,034
-31,782
-48,604
25,978
27,012
13,065
-111,753
51,444
-47,295
-184,649
88,052
-519,090
777,461
Accruals and Deferred Income
-37,357
-60,946
185,308
54,822
-20,512
-17,465
-80,579
-15,123
-35,959
124,822
-113,510
-179,109
-4,643,639
2,081,977
3,160,806
Deferred Taxes & Provisions
Cash flow from operations
168,710
122,771
154,702
-137,811
-883,708
-593,349
-750,661
-799,093
-422,632
274,629
194,489
-1,092,614
1,916,685
2,759,455
2,999,791
Investing Activities
capital expenditure
179,320
783,096
-9,852
-2,659,352
4,709
-32,305
-92,365
-30,637
-20,413
Change in Investments
123,270
-77,995
27,002
202,229
-707,623
-573,264
-177,198
-326,313
69,893
2,719,012
cash flow from investments
-123,270
77,995
-27,002
-202,229
707,623
573,264
356,518
1,109,409
-79,745
-5,378,364
4,709
-32,305
-92,365
-30,637
-20,413
Financing Activities
Bank loans
-239,281
239,281
Group/Directors Accounts
1
Other Short Term Loans
Long term loans
-187,503
187,503
Hire Purchase and Lease Commitments
other long term liabilities
-15,694
-26,905
-35,873
78,472
share issue
-1
2
202,229
-58,275
38,825
521,441
-59,729
83,385
interest
cash flow from financing
2
202,229
-58,275
38,825
521,441
-59,729
83,385
-15,694
-26,905
-35,873
-348,312
426,784
cash and cash equivalents
cash
15,274
-68,694
253,853
-134,087
45,805
125,462
-182,419
-15,273
-580,182
-2,415,057
189,708
-1,144,559
890,306
1,895,709
1,461,487
overdraft
-210,696
174,670
-561,677
196,703
401,000
change in cash
15,274
142,002
79,183
-134,087
607,482
-71,241
-583,419
-15,273
-580,182
-2,415,057
189,708
-1,144,559
890,306
1,895,709
1,461,487
groundwork west midlands 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 groundwork west midlands. Get real-time insights into groundwork west midlands's credit score, group structure and payment trends.
Perform a competitor analysis for groundwork west midlands by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in DY4 area or any other competitors across 12 key performance metrics.
groundwork west midlands Ownership
GROUNDWORK WEST MIDLANDS group structure
Groundwork West Midlands has 1 subsidiary company.
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
85600 - Educational support activities
88990 - Other social work activities without accommodation n.e.c.
incorporation date
February 2009
age
16
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
first floor owen house, 17 unity walk, tipton, DY4 8QL
Bank
THE COOPERATIVE BANK, THE COOPERATIVE BANK, THE COOPERATIVE BANK
Legal Advisor
CLOWES & CO VEALE WASBROUGH VIZARDS
groundwork west midlands 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 2 charges/mortgages relating to groundwork west midlands. Currently there are 0 open charges and 2 have been satisfied in the past.
groundwork west midlands 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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groundwork west midlandsCompanies House Filings - See Documents
