g1 propco ltd
g1 propco ltd Company Information
Company Number
08257214
Next Accounts
Dec 2024
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
z hotels strand ltd
Group Structure
View All
Contact
Registered Address
53-59 chandos place, london, WC2N 4HS
Website
thezhotels.comg1 propco ltd Estimated Valuation
Pomanda estimates the enterprise value of G1 PROPCO LTD at £362.1k based on a Turnover of £104.8k and 3.46x industry multiple (adjusted for size and gross margin).
g1 propco ltd Estimated Valuation
Pomanda estimates the enterprise value of G1 PROPCO LTD at £1.6m based on an EBITDA of £220.9k and a 7.12x industry multiple (adjusted for size and gross margin).
g1 propco ltd Estimated Valuation
Pomanda estimates the enterprise value of G1 PROPCO LTD at £4.5m based on Net Assets of £2.6m and 1.74x industry multiple (adjusted for liquidity).
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G1 Propco Ltd Overview
G1 Propco Ltd is a live company located in london, WC2N 4HS with a Companies House number of 08257214. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2012, it's largest shareholder is z hotels strand ltd with a 100% stake. G1 Propco Ltd is a established, micro sized company, Pomanda has estimated its turnover at £104.8k with unknown growth in recent years.
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G1 Propco Ltd Health Check
Pomanda's financial health check has awarded G1 Propco Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £104.8k, make it smaller than the average company (£803.7k)
- G1 Propco Ltd
£803.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- G1 Propco Ltd
- - Industry AVG
Production
with a gross margin of 74.8%, this company has a comparable cost of product (74.8%)
- G1 Propco Ltd
74.8% - Industry AVG
Profitability
an operating margin of 210.8% make it more profitable than the average company (36.6%)
- G1 Propco Ltd
36.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- G1 Propco Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- G1 Propco Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £104.8k, this is less efficient (£169.1k)
- G1 Propco Ltd
£169.1k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (31 days)
- G1 Propco Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 171 days, this is slower than average (38 days)
- G1 Propco Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- G1 Propco Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - G1 Propco Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35%, this is a lower level of debt than the average (62.9%)
35% - G1 Propco Ltd
62.9% - Industry AVG
G1 PROPCO LTD financials
G1 Propco Ltd's latest turnover from March 2023 is estimated at £104.8 thousand and the company has net assets of £2.6 million. According to their latest financial statements, we estimate that G1 Propco Ltd has 1 employee and maintains cash reserves of £59.1 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | 0 | ||||||||
| Number Of Employees | 4 | |||||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,300,000 | 3,300,000 | 3,300,000 | 3,300,000 | 3,300,000 | 3,000,000 | 3,000,000 | 2,675,000 | 2,400,000 | 764,432 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,300,000 | 3,300,000 | 3,300,000 | 3,300,000 | 3,300,000 | 3,000,000 | 3,000,000 | 2,675,000 | 2,400,000 | 764,432 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,870 | 9,806 | 54,811 | 0 | 0 | 0 | 903 | 18,415 | 0 | 5,329 |
| Group Debtors | 638,043 | 450,483 | 2,300 | 0 | 0 | 165,898 | 75,898 | 50,898 | 43,600 | 0 |
| Misc Debtors | 0 | 3,531 | 27,473 | 15,000 | 0 | 0 | 0 | 0 | 4,045 | 0 |
| Cash | 59,116 | 97 | 12,387 | 3,172 | 53,522 | 16,514 | 68,986 | 46,238 | 47,049 | 2,668 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 709,029 | 463,917 | 96,971 | 18,172 | 53,522 | 182,412 | 145,787 | 115,551 | 94,694 | 7,997 |
| total assets | 4,009,029 | 3,763,917 | 3,396,971 | 3,318,172 | 3,353,522 | 3,182,412 | 3,145,787 | 2,790,551 | 2,494,694 | 772,429 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 0 |
| Trade Creditors | 12,365 | 9,806 | 9,812 | 0 | 3,225 | 0 | 0 | 9,799 | 6,272 | 297,268 |
| Group/Directors Accounts | 711,600 | 687,500 | 484,770 | 491,270 | 701,216 | 723,614 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 60,024 | 21,491 | 27,179 | 97,357 | 65,822 | 46,221 | 46,944 | 72,253 | 48,830 | 0 |
| total current liabilities | 783,989 | 718,797 | 521,761 | 588,627 | 770,263 | 769,835 | 96,944 | 182,052 | 155,102 | 297,268 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 750,000 | 750,000 | 850,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 |
| provisions | 618,351 | 633,892 | 481,758 | 481,758 | 431,048 | 380,048 | 380,048 | 343,903 | 326,759 | 0 |
| total long term liabilities | 618,351 | 633,892 | 481,758 | 481,758 | 431,048 | 380,048 | 1,130,048 | 1,093,903 | 1,176,759 | 600,000 |
| total liabilities | 1,402,340 | 1,352,689 | 1,003,519 | 1,070,385 | 1,201,311 | 1,149,883 | 1,226,992 | 1,275,955 | 1,331,861 | 897,268 |
| net assets | 2,606,689 | 2,411,228 | 2,393,452 | 2,247,787 | 2,152,211 | 2,032,529 | 1,918,795 | 1,514,596 | 1,162,833 | -124,839 |
| total shareholders funds | 2,606,689 | 2,411,228 | 2,393,452 | 2,247,787 | 2,152,211 | 2,032,529 | 1,918,795 | 1,514,596 | 1,162,833 | -124,839 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 186,093 | 379,236 | 69,584 | 15,000 | -165,898 | 89,097 | 7,488 | 21,668 | 42,316 | 5,329 |
| Creditors | 2,559 | -6 | 9,812 | -3,225 | 3,225 | 0 | -9,799 | 3,527 | -290,996 | 297,268 |
| Accruals and Deferred Income | 38,533 | -5,688 | -70,178 | 31,535 | 19,601 | -723 | -25,309 | 23,423 | 48,830 | 0 |
| Deferred Taxes & Provisions | -15,541 | 152,134 | 0 | 50,710 | 51,000 | 0 | 36,145 | 17,144 | 326,759 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 300,000 | 0 | 325,000 | 275,000 | 1,635,568 | 764,432 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | 100,000 | 0 |
| Group/Directors Accounts | 24,100 | 202,730 | -6,500 | -209,946 | -22,398 | 723,614 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -750,000 | 0 | -100,000 | 850,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -600,000 | 600,000 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 59,019 | -12,290 | 9,215 | -50,350 | 37,008 | -52,472 | 22,748 | -811 | 44,381 | 2,668 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 |
| change in cash | 59,019 | -12,290 | 9,215 | -50,350 | 37,008 | -2,472 | -27,252 | -811 | 44,381 | 2,668 |
g1 propco ltd Credit Report and Business Information
G1 Propco Ltd Competitor Analysis
Perform a competitor analysis for g1 propco ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WC2N area or any other competitors across 12 key performance metrics.
g1 propco ltd Ownership
G1 PROPCO LTD group structure
G1 Propco Ltd has no subsidiary companies.
g1 propco ltd directors
G1 Propco Ltd currently has 3 directors. The longest serving directors include Mr Jonathan Raymond (Oct 2012) and Mr Richard Meehan (Oct 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Raymond | England | 53 years | Oct 2012 | - | Director |
| Mr Richard Meehan | England | 50 years | Oct 2012 | - | Director |
| Mr Beverly King | England | 58 years | Oct 2012 | - | Director |
P&L
March 2023turnover
104.8k
+34%
operating profit
220.9k
0%
gross margin
74.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.6m
+0.08%
total assets
4m
+0.07%
cash
59.1k
+608.44%
net assets
Total assets minus all liabilities
g1 propco ltd company details
company number
08257214
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2012
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
z hotels glasgow ltd (December 2012)
accountant
MOORE KINGSTON SMITH LLP
auditor
-
address
53-59 chandos place, london, WC2N 4HS
Bank
SANTANDER CORPORATE BANKING
Legal Advisor
-
g1 propco 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 12 charges/mortgages relating to g1 propco ltd. Currently there are 0 open charges and 12 have been satisfied in the past.
g1 propco 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.
Click to start generating capital raising & share issue transactions for G1 PROPCO LTD. This can take several minutes, an email will notify you when this has completed.
g1 propco ltd Companies House Filings - See Documents
| date | description | view/download |
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