w. greatrex racing limited
w. greatrex racing limited Company Information
Group Structure
View All
Industry
Operation of sports facilities
Registered Address
2 old bath road, newbury, berkshire, RG14 1QL
Website
www.wgreatrexracing.comw. greatrex racing limited Estimated Valuation
Pomanda estimates the enterprise value of W. GREATREX RACING LIMITED at £2.1m based on a Turnover of £2.5m and 0.83x industry multiple (adjusted for size and gross margin).
w. greatrex racing limited Estimated Valuation
Pomanda estimates the enterprise value of W. GREATREX RACING LIMITED at £1.2m based on an EBITDA of £318.6k and a 3.74x industry multiple (adjusted for size and gross margin).
w. greatrex racing limited Estimated Valuation
Pomanda estimates the enterprise value of W. GREATREX RACING LIMITED at £0 based on Net Assets of £-476.3k and 1.82x industry multiple (adjusted for liquidity).
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W. Greatrex Racing Limited Overview
W. Greatrex Racing Limited is a live company located in berkshire, RG14 1QL with a Companies House number of 08097499. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in June 2012, it's largest shareholder is mr warren greatrex with a 100% stake. W. Greatrex Racing Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
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W. Greatrex Racing Limited Health Check
Pomanda's financial health check has awarded W. Greatrex Racing Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £2.5m, make it larger than the average company (£694.3k)
- W. Greatrex Racing Limited
£694.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (16.5%)
- W. Greatrex Racing Limited
16.5% - Industry AVG
Production
with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)
- W. Greatrex Racing Limited
57.3% - Industry AVG
Profitability
an operating margin of 11.8% make it more profitable than the average company (3%)
- W. Greatrex Racing Limited
3% - Industry AVG
Employees
with 19 employees, this is similar to the industry average (21)
19 - W. Greatrex Racing Limited
21 - Industry AVG
Pay Structure
on an average salary of £20.5k, the company has an equivalent pay structure (£20.5k)
- W. Greatrex Racing Limited
£20.5k - Industry AVG
Efficiency
resulting in sales per employee of £131.9k, this is more efficient (£48.3k)
- W. Greatrex Racing Limited
£48.3k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is later than average (8 days)
- W. Greatrex Racing Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (41 days)
- W. Greatrex Racing Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is more than average (15 days)
- W. Greatrex Racing Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (43 weeks)
0 weeks - W. Greatrex Racing Limited
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 216.7%, this is a higher level of debt than the average (42.9%)
216.7% - W. Greatrex Racing Limited
42.9% - Industry AVG
W. GREATREX RACING LIMITED financials
W. Greatrex Racing Limited's latest turnover from April 2024 is estimated at £2.5 million and the company has net assets of -£476.3 thousand. According to their latest financial statements, W. Greatrex Racing Limited has 19 employees and maintains cash reserves of £5 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 19 | 19 | 21 | 25 | 25 | 26 | 26 | 28 | 28 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 108,871 | 130,719 | 139,041 | 36,804 | 47,429 | 52,888 | 28,030 | 37,074 | 42,571 | 18,691 | 28,716 | 38,832 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 108,871 | 130,719 | 139,041 | 36,804 | 47,429 | 52,888 | 28,030 | 37,074 | 42,571 | 18,691 | 28,716 | 38,832 |
| Stock & work in progress | 139,027 | 84,105 | 124,231 | 34,731 | 54,004 | 115,323 | 202,583 | 117,789 | 120,022 | 171,498 | 60,414 | 22,310 |
| Trade Debtors | 127,273 | 119,466 | 151,849 | 154,613 | 121,390 | 311,219 | 275,436 | 285,685 | 361,688 | 308,793 | 130,111 | 92,335 |
| Group Debtors | ||||||||||||
| Misc Debtors | 32,850 | 8,878 | 51,642 | 36,433 | 119,945 | 101,398 | 64,701 | 7,833 | 440 | |||
| Cash | 5 | 5,343 | 25,287 | 131,269 | 70,385 | 56,666 | 6,261 | 31,446 | 2,041 | 1,476 | 5,191 | 4,662 |
| misc current assets | ||||||||||||
| total current assets | 299,155 | 217,792 | 353,009 | 357,046 | 365,724 | 584,606 | 548,981 | 442,753 | 484,191 | 481,767 | 195,716 | 119,307 |
| total assets | 408,026 | 348,511 | 492,050 | 393,850 | 413,153 | 637,494 | 577,011 | 479,827 | 526,762 | 500,458 | 224,432 | 158,139 |
| Bank overdraft | 11,892 | 5,483 | 5,687 | 6,014 | 1,446 | 5 | ||||||
| Bank loan | 18,450 | 20,591 | 19,812 | 19,196 | 97,074 | 15,799 | 21,607 | |||||
| Trade Creditors | 206,730 | 151,093 | 372,595 | 256,472 | 214,499 | 495,434 | 562,883 | 284,800 | 245,665 | 493,100 | 255,771 | 154,304 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | 529,084 | 747,973 | 450,507 | 152,741 | 133,000 | |||||||
| hp & lease commitments | 4,768 | 5,601 | 11,151 | 10,267 | 9,361 | 8,175 | ||||||
| other current liabilities | 136,642 | 63,702 | 63,587 | 235,385 | 233,836 | 132,284 | 105,725 | 97,061 | 195,816 | |||
| total current liabilities | 884,348 | 991,469 | 918,568 | 681,575 | 612,244 | 734,158 | 676,783 | 397,660 | 463,088 | 493,100 | 255,771 | 154,304 |
| loans | 596 | 18,870 | 39,771 | 59,583 | 16,670 | |||||||
| hp & lease commitments | 4,768 | 10,369 | 21,470 | 20,170 | 3,789 | |||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 25,498 | 17,914 | 22,886 | 26,914 | ||||||||
| provisions | 5,856 | 147 | 147 | 147 | 147 | 147 | 163 | |||||
| total long term liabilities | 596 | 23,638 | 55,996 | 81,200 | 20,317 | 3,936 | 16,817 | 25,645 | 18,077 | 22,886 | 26,914 | |
| total liabilities | 884,348 | 992,065 | 942,206 | 737,571 | 693,444 | 754,475 | 680,719 | 414,477 | 488,733 | 511,177 | 278,657 | 181,218 |
| net assets | -476,322 | -643,554 | -450,156 | -343,721 | -280,291 | -116,981 | -103,708 | 65,350 | 38,029 | -10,719 | -54,225 | -23,079 |
| total shareholders funds | -476,322 | -643,554 | -450,156 | -343,721 | -280,291 | -116,981 | -103,708 | 65,350 | 38,029 | -10,719 | -54,225 | -23,079 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 21,848 | 158 | 21,416 | 12,271 | 15,809 | 17,630 | 9,343 | 342 | 14,752 | 10,025 | 1,940 | |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | 54,922 | -40,126 | 89,500 | -19,273 | -61,319 | -87,260 | 84,794 | -2,233 | -51,476 | 111,084 | 38,104 | 22,310 |
| Debtors | 31,779 | -75,147 | 12,445 | -50,289 | -171,282 | 72,480 | 46,619 | -68,610 | 53,335 | 178,682 | 37,776 | 92,335 |
| Creditors | 55,637 | -221,502 | 116,123 | 41,973 | -280,935 | -67,449 | 278,083 | 39,135 | -247,435 | 237,329 | 101,467 | 154,304 |
| Accruals and Deferred Income | 72,940 | 115 | -171,798 | 1,549 | 101,552 | 26,559 | 8,664 | -98,755 | 195,816 | |||
| Deferred Taxes & Provisions | -5,856 | 5,709 | -16 | 163 | ||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | -18,450 | -2,141 | 779 | 616 | -77,878 | 97,074 | -15,799 | -5,808 | 21,607 | |||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | -218,889 | 297,466 | 297,766 | 19,741 | 133,000 | |||||||
| Long term loans | -596 | -18,274 | -20,901 | -19,812 | 59,583 | -16,670 | 16,670 | |||||
| Hire Purchase and Lease Commitments | -4,768 | -5,601 | -11,151 | -10,217 | 2,206 | 17,567 | 11,964 | |||||
| other long term liabilities | -25,498 | 7,584 | -4,972 | -4,028 | 26,914 | |||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -5,338 | -19,944 | -105,982 | 60,884 | 13,719 | 50,405 | -25,185 | 29,405 | 565 | -3,715 | 529 | 4,662 |
| overdraft | 6,409 | -204 | -327 | 4,568 | 1,441 | 5 | ||||||
| change in cash | -11,747 | -19,740 | -105,655 | 56,316 | 12,278 | 50,400 | -25,185 | 29,405 | 565 | -3,715 | 529 | 4,662 |
w. greatrex racing limited Credit Report and Business Information
W. Greatrex Racing Limited Competitor Analysis
Perform a competitor analysis for w. greatrex racing limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in RG14 area or any other competitors across 12 key performance metrics.
w. greatrex racing limited Ownership
W. GREATREX RACING LIMITED group structure
W. Greatrex Racing Limited has no subsidiary companies.
Ultimate parent company
W. GREATREX RACING LIMITED
08097499
w. greatrex racing limited directors
W. Greatrex Racing Limited currently has 1 director, Mr Warren Greatrex serving since Jun 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Warren Greatrex | England | 50 years | Jun 2012 | - | Director |
P&L
April 2024turnover
2.5m
+21%
operating profit
296.7k
0%
gross margin
57.3%
-0.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-476.3k
-0.26%
total assets
408k
+0.17%
cash
5
-1%
net assets
Total assets minus all liabilities
w. greatrex racing limited company details
company number
08097499
Type
Private limited with Share Capital
industry
93110 - Operation of sports facilities
incorporation date
June 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
2 old bath road, newbury, berkshire, RG14 1QL
Bank
-
Legal Advisor
-
w. greatrex racing 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 w. greatrex racing limited.
w. greatrex racing 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 W. GREATREX RACING LIMITED. This can take several minutes, an email will notify you when this has completed.
w. greatrex racing limited Companies House Filings - See Documents
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