grenson ltd.
grenson ltd. Company Information
Company Number
07188320
Website
www.grenson.comRegistered Address
grenson house c2, crown way, rushden, northamptonshire, NN10 6BS
Industry
Retail sale of footwear in specialised stores
Telephone
01933354300
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
julia ann little 59.8%
timothy charles little 40.2%
grenson ltd. Estimated Valuation
Pomanda estimates the enterprise value of GRENSON LTD. at £3.7m based on a Turnover of £7m and 0.53x industry multiple (adjusted for size and gross margin).
grenson ltd. Estimated Valuation
Pomanda estimates the enterprise value of GRENSON LTD. at £0 based on an EBITDA of £-170.6k and a 4.74x industry multiple (adjusted for size and gross margin).
grenson ltd. Estimated Valuation
Pomanda estimates the enterprise value of GRENSON LTD. at £13.4m based on Net Assets of £4.6m and 2.92x industry multiple (adjusted for liquidity).
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Grenson Ltd. Overview
Grenson Ltd. is a live company located in northamptonshire, NN10 6BS with a Companies House number of 07188320. It operates in the retail sale of footwear in specialised stores sector, SIC Code 47721. Founded in March 2010, it's largest shareholder is julia ann little with a 59.8% stake. Grenson Ltd. is a established, mid sized company, Pomanda has estimated its turnover at £7m with declining growth in recent years.
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Grenson Ltd. Health Check
Pomanda's financial health check has awarded Grenson Ltd. a 3.5 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
2 Strong
3 Regular
7 Weak
Size
annual sales of £7m, make it smaller than the average company (£12.8m)
£7m - Grenson Ltd.
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (2.9%)
-16% - Grenson Ltd.
2.9% - Industry AVG
Production
with a gross margin of 53.5%, this company has a comparable cost of product (45%)
53.5% - Grenson Ltd.
45% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (3.7%)
-5.1% - Grenson Ltd.
3.7% - Industry AVG
Employees
with 57 employees, this is below the industry average (95)
57 - Grenson Ltd.
95 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£21.7k)
£25k - Grenson Ltd.
£21.7k - Industry AVG
Efficiency
resulting in sales per employee of £122.2k, this is equally as efficient (£140.3k)
£122.2k - Grenson Ltd.
£140.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is later than average (11 days)
17 days - Grenson Ltd.
11 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (36 days)
30 days - Grenson Ltd.
36 days - Industry AVG
Stock Days
it holds stock equivalent to 243 days, this is more than average (104 days)
243 days - Grenson Ltd.
104 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 190 weeks, this is more cash available to meet short term requirements (16 weeks)
190 weeks - Grenson Ltd.
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.5%, this is a lower level of debt than the average (63.3%)
11.5% - Grenson Ltd.
63.3% - Industry AVG
GRENSON LTD. financials
Grenson Ltd.'s latest turnover from March 2023 is £7 million and the company has net assets of £4.6 million. According to their latest financial statements, Grenson Ltd. has 57 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,964,858 | 8,412,564 | 8,296,634 | 11,641,072 | 8,468,539 | 9,062,713 | 8,590,639 | 6,995,570 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 3,238,653 | 4,013,158 | 4,436,268 | 5,357,573 | 3,407,370 | 3,483,486 | 3,679,668 | 2,887,330 | |||||
| Gross Profit | 3,726,205 | 4,399,406 | 3,860,366 | 6,283,499 | 5,061,169 | 5,579,227 | 4,910,971 | 4,108,240 | |||||
| Admin Expenses | 4,084,696 | 4,134,207 | 2,964,692 | 4,126,088 | 4,198,431 | 4,527,400 | 3,604,251 | 2,955,128 | |||||
| Operating Profit | -358,491 | 265,199 | 895,674 | 2,157,411 | 862,738 | 1,051,827 | 1,306,720 | 1,153,112 | |||||
| Interest Payable | 0 | 1,789 | 19,012 | 8,461 | 0 | 0 | 0 | ||||||
| Interest Receivable | 29,953 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | -328,538 | 263,410 | 876,662 | 2,148,950 | 862,738 | 1,051,827 | 1,306,720 | 1,153,112 | |||||
| Tax | 19,412 | -59,674 | -173,565 | -422,947 | -174,772 | -221,906 | -323,794 | -281,559 | |||||
| Profit After Tax | -309,126 | 203,736 | 703,097 | 1,726,003 | 687,966 | 829,921 | 982,926 | 871,553 | |||||
| Dividends Paid | 280,000 | 280,000 | 669,536 | 280,000 | 300,000 | 194,400 | 0 | 0 | |||||
| Retained Profit | -589,126 | -76,264 | 33,561 | 1,446,003 | 387,966 | 635,521 | 982,926 | 871,553 | |||||
| Employee Costs | 1,425,022 | 1,413,065 | 1,918,969 | 1,523,686 | 1,234,832 | ||||||||
| Number Of Employees | 57 | 58 | 68 | 70 | 69 | 77 | 77 | 74 | 74 | 58 | 50 | ||
| EBITDA* | -170,610 | 453,779 | 1,087,759 | 2,349,000 | 1,068,199 | 1,252,608 | 1,472,549 | 1,288,258 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 134,105 | 224,813 | 270,120 | 351,172 | 333,419 | 414,278 | 484,077 | 599,293 | 690,745 | 707,838 | 287,505 | 129,131 | 37,932 |
| Intangible Assets | 273,000 | 364,000 | 455,000 | 546,000 | 637,000 | 728,000 | 819,000 | 910,000 | 975,000 | 1,040,000 | 1,105,000 | 1,170,000 | 1,235,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 56,050 | 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 | 407,105 | 588,813 | 725,120 | 897,172 | 970,419 | 1,142,278 | 1,359,127 | 1,509,293 | 1,665,745 | 1,747,838 | 1,392,505 | 1,299,131 | 1,272,932 |
| Stock & work in progress | 2,159,309 | 1,956,841 | 1,985,786 | 3,176,592 | 2,213,537 | 2,508,750 | 1,630,258 | 1,911,911 | 1,831,744 | 1,695,907 | 1,306,188 | 978,649 | 547,772 |
| Trade Debtors | 333,405 | 438,574 | 426,913 | 786,077 | 1,029,494 | 382,676 | 325,362 | 771,264 | 596,023 | 600,784 | 572,363 | 882,068 | 779,181 |
| Group Debtors | 0 | 0 | 458 | 6,072 | 0 | 0 | 717,849 | 489,943 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 257,757 | 211,795 | 206,789 | 354,137 | 253,674 | 308,609 | 221,003 | 220,576 | 203,892 | 308,276 | 126,876 | 0 | 0 |
| Cash | 2,045,539 | 2,766,715 | 2,688,342 | 1,142,202 | 360,564 | 146,616 | 717,092 | 474,361 | 719,697 | 314,237 | 556,348 | 87,308 | 55,127 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,796,010 | 5,373,925 | 5,308,288 | 5,465,080 | 3,857,269 | 3,346,651 | 3,611,564 | 3,868,055 | 3,351,356 | 2,919,204 | 2,561,775 | 1,948,025 | 1,382,080 |
| total assets | 5,203,115 | 5,962,738 | 6,033,408 | 6,362,252 | 4,827,688 | 4,488,929 | 4,970,691 | 5,377,348 | 5,017,101 | 4,667,042 | 3,954,280 | 3,247,156 | 2,655,012 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 172,210 | 0 | 0 | 0 | 43,025 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 269,934 | 296,684 | 324,631 | 488,698 | 482,298 | 743,532 | 352,142 | 484,345 | 279,534 | 422,267 | 324,838 | 2,072,409 | 1,870,031 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 356,700 | 749,200 | 1,109,000 | 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 | 288,351 | 393,809 | 407,914 | 596,426 | 526,753 | 194,777 | 234,630 | 784,111 | 651,723 | 361,386 | 474,142 | 0 | 0 |
| total current liabilities | 558,285 | 690,493 | 732,545 | 1,085,124 | 1,009,051 | 1,110,519 | 586,772 | 1,268,456 | 1,287,957 | 1,575,878 | 1,907,980 | 2,072,409 | 1,870,031 |
| 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 | 38,482 | 76,771 | 29,125 | 38,951 | 26,463 | 35,464 | 41,738 | 56,179 | 64,397 | 61,938 | 0 | 0 | 0 |
| total long term liabilities | 38,482 | 76,771 | 29,125 | 38,951 | 26,463 | 35,464 | 41,738 | 56,179 | 64,397 | 61,938 | 0 | 0 | 0 |
| total liabilities | 596,767 | 767,264 | 761,670 | 1,124,075 | 1,035,514 | 1,145,983 | 628,510 | 1,324,635 | 1,352,354 | 1,637,816 | 1,907,980 | 2,072,409 | 1,870,031 |
| net assets | 4,606,348 | 5,195,474 | 5,271,738 | 5,238,177 | 3,792,174 | 3,342,946 | 4,342,181 | 4,052,713 | 3,664,747 | 3,029,226 | 2,046,300 | 1,174,747 | 784,981 |
| total shareholders funds | 4,606,348 | 5,195,474 | 5,271,738 | 5,238,177 | 3,792,174 | 3,342,946 | 4,342,181 | 4,052,713 | 3,664,747 | 3,029,226 | 2,046,300 | 1,174,747 | 784,981 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -358,491 | 265,199 | 895,674 | 2,157,411 | 862,738 | 1,051,827 | 1,306,720 | 1,153,112 | |||||
| Depreciation | 96,881 | 97,580 | 101,085 | 100,589 | 102,957 | 103,055 | 140,573 | 140,461 | 135,781 | 100,829 | 70,146 | 19,222 | 3,220 |
| Amortisation | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 |
| Tax | 19,412 | -59,674 | -173,565 | -422,947 | -174,772 | -221,906 | -323,794 | -281,559 | |||||
| Stock | 202,468 | -28,945 | -1,190,806 | 963,055 | -295,213 | 878,492 | -281,653 | 80,167 | 135,837 | 389,719 | 327,539 | 430,877 | 547,772 |
| Debtors | -59,207 | 16,209 | -512,126 | -136,882 | 591,883 | -572,929 | -217,569 | 681,868 | -109,145 | 209,821 | -182,829 | 102,887 | 779,181 |
| Creditors | -26,750 | -27,947 | -164,067 | 6,400 | -261,234 | 391,390 | -132,203 | 204,811 | -142,733 | 97,429 | -1,747,571 | 202,378 | 1,870,031 |
| Accruals and Deferred Income | -105,458 | -14,105 | -188,512 | 69,673 | 331,976 | -39,853 | -549,481 | 132,388 | 290,337 | -112,756 | 474,142 | 0 | 0 |
| Deferred Taxes & Provisions | -38,289 | 47,646 | -9,826 | 12,488 | -9,001 | -6,274 | -14,441 | -8,218 | 2,459 | 61,938 | 0 | 0 | 0 |
| Cash flow from operations | -464,956 | 412,435 | 2,254,721 | 1,188,441 | 460,373 | 1,154,073 | 595,826 | -411,440 | |||||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -521,162 | -228,520 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -56,050 | 56,050 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -521,162 | -228,520 | |||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -356,700 | -392,500 | -359,800 | 1,109,000 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | 29,953 | -1,789 | -19,012 | -8,461 | 0 | 0 | 0 | ||||||
| cash flow from financing | 29,953 | -1,789 | -19,012 | -8,461 | -356,700 | -392,500 | 1,109,000 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | -721,176 | 78,373 | 1,546,140 | 781,638 | 213,948 | -570,476 | 242,731 | -245,336 | 405,460 | -242,111 | 469,040 | 32,181 | 55,127 |
| overdraft | 0 | 0 | 0 | 0 | -172,210 | 172,210 | 0 | 0 | -43,025 | 43,025 | 0 | 0 | 0 |
| change in cash | -721,176 | 78,373 | 1,546,140 | 781,638 | 386,158 | -742,686 | 242,731 | -245,336 | 448,485 | -285,136 | 469,040 | 32,181 | 55,127 |
grenson ltd. Credit Report and Business Information
Grenson Ltd. Competitor Analysis
Perform a competitor analysis for grenson ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
grenson ltd. Ownership
GRENSON LTD. group structure
Grenson Ltd. has no subsidiary companies.
Ultimate parent company
GRENSON LTD.
07188320
grenson ltd. directors
Grenson Ltd. currently has 3 directors. The longest serving directors include Mr Timothy Little (Mar 2010) and Mr Jonathan Hutchings (Oct 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Little | 61 years | Mar 2010 | - | Director | |
| Mr Jonathan Hutchings | England | 52 years | Oct 2012 | - | Director |
| Mrs Julia Little | 57 years | Mar 2014 | - | Director |
P&L
March 2023turnover
7m
-17%
operating profit
-358.5k
-235%
gross margin
53.6%
+2.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4.6m
-0.11%
total assets
5.2m
-0.13%
cash
2m
-0.26%
net assets
Total assets minus all liabilities
Similar Companies
grenson ltd. company details
company number
07188320
Type
Private limited with Share Capital
industry
47721 - Retail sale of footwear in specialised stores
incorporation date
March 2010
age
14
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
grenson house c2, crown way, rushden, northamptonshire, NN10 6BS
last accounts submitted
March 2023
grenson ltd. 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 grenson ltd.. Currently there are 2 open charges and 0 have been satisfied in the past.
grenson ltd. Companies House Filings - See Documents
| date | description | view/download |
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