gold standard security ltd

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gold standard security ltd Company Information

Share GOLD STANDARD SECURITY LTD

Company Number

07780690

Directors

James Brown

Shareholders

james andrew brown

Group Structure

View All

Industry

Private security activities

 

Registered Address

the enterprise centre, corporation street, tamworth, staffordshire, B79 7DN

gold standard security ltd Estimated Valuation

£577.2k

Pomanda estimates the enterprise value of GOLD STANDARD SECURITY LTD at £577.2k based on a Turnover of £1.2m and 0.5x industry multiple (adjusted for size and gross margin).

gold standard security ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of GOLD STANDARD SECURITY LTD at £0 based on an EBITDA of £-97.8k and a 3.61x industry multiple (adjusted for size and gross margin).

gold standard security ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of GOLD STANDARD SECURITY LTD at £0 based on Net Assets of £-296.5k and 1.78x industry multiple (adjusted for liquidity).

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Gold Standard Security Ltd Overview

Gold Standard Security Ltd is a live company located in tamworth, B79 7DN with a Companies House number of 07780690. It operates in the private security activities sector, SIC Code 80100. Founded in September 2011, it's largest shareholder is james andrew brown with a 100% stake. Gold Standard Security Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.

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Gold Standard Security Ltd Health Check

Pomanda's financial health check has awarded Gold Standard Security Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £1.2m, make it smaller than the average company (£3.8m)

£1.2m - Gold Standard Security Ltd

£3.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.6%)

10% - Gold Standard Security Ltd

4.6% - Industry AVG

production

Production

with a gross margin of 20.1%, this company has a comparable cost of product (20.1%)

20.1% - Gold Standard Security Ltd

20.1% - Industry AVG

profitability

Profitability

an operating margin of -8.5% make it less profitable than the average company (2.8%)

-8.5% - Gold Standard Security Ltd

2.8% - Industry AVG

employees

Employees

with 43 employees, this is below the industry average (80)

43 - Gold Standard Security Ltd

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)

£25.2k - Gold Standard Security Ltd

£25.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £26.8k, this is less efficient (£40.5k)

£26.8k - Gold Standard Security Ltd

£40.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is later than average (51 days)

63 days - Gold Standard Security Ltd

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (18 days)

2 days - Gold Standard Security Ltd

18 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gold Standard Security Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)

2 weeks - Gold Standard Security Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 231%, this is a higher level of debt than the average (81.5%)

231% - Gold Standard Security Ltd

81.5% - Industry AVG

GOLD STANDARD SECURITY LTD financials

EXPORTms excel logo

Gold Standard Security Ltd's latest turnover from February 2021 is estimated at £1.2 million and the company has net assets of -£296.5 thousand. According to their latest financial statements, Gold Standard Security Ltd has 43 employees and maintains cash reserves of £20.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Sep 2012
Turnover1,151,7472,437,5302,128,179861,661720,111585,614651,556258,387
Other Income Or Grants
Cost Of Sales919,9511,870,1711,637,069666,188656,241541,505503,940196,760
Gross Profit231,797567,359491,110195,47363,87044,109147,61761,626
Admin Expenses329,810543,938465,352289,359135,02083,045141,50074,225
Operating Profit-98,01323,42125,758-93,886-71,150-38,9366,117-12,599
Interest Payable9,6309,1827,6133,7252,13315
Interest Receivable121748411412428
Pre-Tax Profit-107,63114,25718,193-97,570-71,145-36,9316,241-12,571
Tax-2,709-3,457-1,910-1,311
Profit After Tax-107,63111,54814,736-97,570-71,145-38,8414,930-12,571
Dividends Paid
Retained Profit-107,63111,54814,736-97,570-71,145-38,8414,930-12,571
Employee Costs1,082,7343,265,1562,818,890632,721666,501551,765446,441192,697
Number Of Employees43133111253040219
EBITDA*-97,76823,74626,663-92,675-69,536-37,6176,689-12,272

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Sep 2012
Tangible Assets7339781,3033,7914,8423,9561,715981
Intangible Assets
Investments & Other1
Debtors (Due After 1 year)
Total Fixed Assets7339781,3033,7914,8423,9561,7159811
Stock & work in progress3,6003,600
Trade Debtors199,568302,127229,716173,770108,05260,01226,4937,783
Group Debtors
Misc Debtors6,01815,00027,0651,326
Cash20,0704,56310112,6033,977638,18911,367
misc current assets
total current assets225,656321,690256,882187,699115,62963,61864,68219,150
total assets226,389322,668258,185191,490120,47167,57466,39720,1311
Bank overdraft154,632161,111110,936114,621
Bank loan
Trade Creditors 5,1102,8631,1526,723230,743111,55074,03732,701
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities360,257344,843346,557285,342
total current liabilities519,999508,817458,645406,686230,743111,55074,03732,701
loans
hp & lease commitments
Accruals and Deferred Income2,000595
other liabilities2,9332,7635,354
provisions1,910
total long term liabilities2,9332,7637,3542,505
total liabilities522,932511,580458,645406,686238,097114,05574,03732,701
net assets-296,543-188,912-200,460-215,196-117,626-46,481-7,640-12,5701
total shareholders funds-296,543-188,912-200,460-215,196-117,626-46,481-7,640-12,5701
Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Sep 2012
Operating Activities
Operating Profit-98,01323,42125,758-93,886-71,150-38,9366,117-12,599
Depreciation2453259051,2111,6141,319572327
Amortisation
Tax-2,709-3,457-1,910-1,311
Stock-3,6003,600
Debtors-111,54160,34681,68567,04448,04033,51918,7107,783
Creditors2,2471,711-5,571-224,020119,19337,51341,33632,701
Accruals and Deferred Income15,414-1,71461,215283,3421,405595
Deferred Taxes & Provisions-1,9101,910
Cash flow from operations31,434-39,312-2,835-96,7971,112-36,62828,00412,646
Investing Activities
capital expenditure1,583-160-2,500-3,560-1,306-1,308
Change in Investments-11
cash flow from investments1,583-160-2,500-3,560-1,306-1,307-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities1702,763-5,3545,354
share issue1
interest-9,618-9,165-7,565-3,684-2,132-1112428
cash flow from financing-9,448-6,402-7,565-9,0383,222-11124281
cash and cash equivalents
cash15,5074,462-12,5028,6263,971-38,18326,82211,367
overdraft-6,47950,175-3,685114,621
change in cash21,986-45,713-8,817-105,9953,971-38,18326,82211,367

gold standard security ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gold Standard Security Ltd Competitor Analysis

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Perform a competitor analysis for gold standard security ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B79 area or any other competitors across 12 key performance metrics.

gold standard security ltd Ownership

GOLD STANDARD SECURITY LTD group structure

Gold Standard Security Ltd has no subsidiary companies.

Ultimate parent company

GOLD STANDARD SECURITY LTD

07780690

GOLD STANDARD SECURITY LTD Shareholders

james andrew brown 100%

gold standard security ltd directors

Gold Standard Security Ltd currently has 1 director, Mr James Brown serving since Sep 2011.

officercountryagestartendrole
Mr James BrownEngland44 years Sep 2011- Director

P&L

February 2021

turnover

1.2m

-53%

operating profit

-98k

0%

gross margin

20.2%

-13.53%

turnover

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

Balance Sheet

February 2021

net assets

-296.5k

+0.57%

total assets

226.4k

-0.3%

cash

20.1k

+3.4%

net assets

Total assets minus all liabilities

gold standard security ltd company details

company number

07780690

Type

Private limited with Share Capital

industry

80100 - Private security activities

incorporation date

September 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2021

previous names

N/A

accountant

BODEN PIPER LIMITED

auditor

-

address

the enterprise centre, corporation street, tamworth, staffordshire, B79 7DN

Bank

-

Legal Advisor

-

gold standard security 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 did not find charges/mortgages relating to gold standard security ltd.

gold standard security ltd 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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gold standard security ltd Companies House Filings - See Documents

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