Greetwell Purchasing Solutions Limited

POWER SEARCH PRICING

SOLUTIONS

greetwell purchasing solutions limited Company Information

Live

EstablishedSmallHealthy

Company Number

07670599

Website

www.greetwell.co.uk

Registered Address

unit nf1 greetwell place, 2 limekiln way, lincoln, lincs, LN2 4US

Industry

Other food service activities

Telephone

01522244680

Next Accounts Due

16 days late

Group Structure

View All

Directors

Kerry Gibson13 Years

Stephen McConchie Gibson13 Years

Shareholders

kerry anne gibson 50%

stephen mark mcconchie gibson 50%

greetwell purchasing solutions limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of GREETWELL PURCHASING SOLUTIONS LIMITED at £1.1m based on Net Assets of £416.8k and 2.55x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Greetwell Purchasing Solutions Limited is a live company located in lincoln, LN2 4US with a Companies House number of 07670599. It operates in the other food services sector, SIC Code 56290. Founded in June 2011, it's largest shareholder is kerry anne gibson with a 50% stake. Greetwell Purchasing Solutions Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Greetwell Purchasing Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

1 Regular

4 Weak

Size

annual sales of £1.4m, make it larger than the average company (£1.1m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (1.8%)

EXPORT

Greetwell Purchasing Solutions Limited's latest turnover from August 2022 is estimated at £1.4 million and the company has net assets of £416.8 thousand. According to their latest financial statements, Greetwell Purchasing Solutions Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2013	Aug 2012
Turnover	1,372,740	1,321,978	1,095,597	1,201,502	1,413,442	1,605,900	278,681	206,848	0	44,733
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,176,934	1,210,363	950,796	1,037,005	1,212,353	1,344,400	236,736	177,312	0	38,173
Gross Profit	195,806	111,615	144,801	164,498	201,089	261,500	41,945	29,536	0	6,560
Admin Expenses	136,917	60,432	93,953	160,396	160,503	205,147	-69,100	-114,491	9	6,569
Operating Profit	58,889	51,183	50,848	4,102	40,586	56,353	111,045	144,027	-9	-9
Interest Payable	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	124	255	261	9	9
Pre-Tax Profit	58,889	51,183	50,848	4,102	40,586	56,477	111,300	144,289	0	0
Tax	-11,189	-9,725	-9,661	-779	-7,711	-10,731	-22,260	-28,858	0	0
Profit After Tax	47,700	41,458	41,187	3,323	32,875	45,746	89,040	115,431	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	47,700	41,458	41,187	3,323	32,875	45,746	89,040	115,431	0	0
Employee Costs	81,101	77,283	75,896	80,553	155,147	188,183	44,535	22,856	0	20,176
Number Of Employees	4	4	4	4	8	9	2	1	0	1
EBITDA*	58,889	51,183	50,848	4,102	40,586	56,353	118,525	151,508	-9	164

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2012
Tangible Assets	13,995	19,456	25,941	32,426	38,911	45,396	1,024	2,019	0
Intangible Assets	0	0	0	0	0	0	51,880	58,365	0
Investments & Other	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0
Total Fixed Assets	13,995	19,456	25,941	32,426	38,911	45,396	52,904	60,384	0
Stock & work in progress	0	0	0	0	0	0	0	0	0
Trade Debtors	493,226	441,721	352,041	370,004	331,124	340,548	35,406	14,118	5,366
Group Debtors	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	82,000	0	0
Cash	0	0	0	0	0	0	99,217	104,592	3,750
misc current assets	0	0	0	0	0	0	0	0	0
total current assets	493,226	441,721	352,041	370,004	331,124	340,548	216,623	118,710	9,116
total assets	507,221	461,177	377,982	402,430	370,035	385,944	269,527	179,094	9,116
Bank overdraft	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0
Trade Creditors	90,461	92,117	50,380	116,015	86,943	135,727	64,856	63,463	9,114
Group/Directors Accounts	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0
total current liabilities	90,461	92,117	50,380	116,015	86,943	135,727	64,856	63,463	9,114
loans	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0
total liabilities	90,461	92,117	50,380	116,015	86,943	135,727	64,856	63,463	9,114
net assets	416,760	369,060	327,602	286,415	283,092	250,217	204,671	115,631	2
total shareholders funds	416,760	369,060	327,602	286,415	283,092	250,217	204,671	115,631	2

	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012
Operating Activities
Operating Profit	58,889	51,183	50,848	4,102	40,586	56,353	111,045	144,027	0	-9	-9
Depreciation	0	0	0	0	0	0	995	996	0	0	173
Amortisation	0	0	0	0	0	0	6,485	6,485	0	0	0
Tax	-11,189	-9,725	-9,661	-779	-7,711	-10,731	-22,260	-28,858	0	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0
Debtors	51,505	89,680	-17,963	38,880	-9,424	223,142	103,288	14,118	0	-5,366	5,366
Creditors	-1,656	41,737	-65,635	29,072	-48,784	70,871	1,393	63,463	0	-9,114	9,114
Accruals and Deferred Income	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
Cash flow from operations	-5,461	-6,485	-6,485	-6,485	-6,485	-106,649	-5,630	171,995	0	-3,757	3,912
Investing Activities
capital expenditure	5,461	6,485	6,485	6,485	6,485	7,508	0	-67,865	0	0	-173
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	5,461	6,485	6,485	6,485	6,485	7,508	0	-67,865	0	0	-173
Financing Activities
Bank loans	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
Other Short Term Loans	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
Hire Purchase and Lease Commitments	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
share issue	0	0	0	0	0	-200	0	200	0	-2	2
interest	0	0	0	0	0	124	255	261	0	9	9
cash flow from financing	0	0	0	0	0	-76	255	461	0	7	11
cash and cash equivalents
cash	0	0	0	0	0	-99,217	-5,375	104,592	0	-3,750	3,750
overdraft	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-99,217	-5,375	104,592	0	-3,750	3,750

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for greetwell purchasing solutions limited. Get real-time insights into greetwell purchasing solutions 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 greetwell purchasing solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GREETWELL PURCHASING SOLUTIONS LIMITED group structure

Greetwell Purchasing Solutions Limited has no subsidiary companies.

Ultimate parent company

GREETWELL PURCHASING SOLUTIONS LIMITED

07670599

GREETWELL PURCHASING SOLUTIONS LIMITED Shareholders

kerry anne gibson	50%
stephen mark mcconchie gibson	50%

Greetwell Purchasing Solutions Limited currently has 2 directors. The longest serving directors include Ms Kerry Gibson (Jun 2011) and Mr Stephen McConchie Gibson (Jun 2011).

officer	country	age	start	end	role
Ms Kerry Gibson	United Kingdom	52 years	Jun 2011	-	Director
Mr Stephen McConchie Gibson	United Kingdom	52 years	Jun 2011	-	Director

P&L

August 2022

turnover

1.4m

+4%

operating profit

58.9k

gross margin

14.3%

+68.94%

turnover

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

Balance Sheet

August 2022

net assets

416.8k

+0.13%

total assets

507.2k

+0.1%

cash

net assets

Total assets minus all liabilities

Similar Companies

Agree?

j. and j. parsons (london) limited

bobby's foods east anglia limited

halal & fresh ltd

jmo online limited

otg products limited

company number

07670599

Type

Private limited with Share Capital

industry

56290 - Other food service activities

incorporation date

June 2011

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

ksg ventures limited (July 2016)

incorporated

address

unit nf1 greetwell place, 2 limekiln way, lincoln, lincs, LN2 4US

last accounts submitted

August 2022

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 greetwell purchasing solutions limited.

greetwell purchasing solutions limited Company Information

greetwell purchasing solutions limited Estimated Valuation

greetwell purchasing solutions limited Estimated Valuation

greetwell purchasing solutions limited Estimated Valuation

Greetwell Purchasing Solutions Limited Overview

Greetwell Purchasing Solutions Limited Health Check

GREETWELL PURCHASING SOLUTIONS LIMITED financials

greetwell purchasing solutions limited Credit Report and Business Information

Greetwell Purchasing Solutions Limited Competitor Analysis

greetwell purchasing solutions limited Ownership

greetwell purchasing solutions limited directors

greetwell purchasing solutions limited company details

greetwell purchasing solutions limited Charges & Mortgages

greetwell purchasing solutions limited Companies House Filings - See Documents