goode advice ltd

1

goode advice ltd Company Information

Share GOODE ADVICE LTD
Live 
EstablishedMicroHealthy

Company Number

08350823

Registered Address

151 curzon street, long eaton, nottingham, NG10 4FH

Industry

Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

 

Telephone

-

Next Accounts Due

October 2024

Group Structure

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Directors

Matthew Goode11 Years

Shareholders

matthew goode 100%

goode advice ltd Estimated Valuation

£55.2k

Pomanda estimates the enterprise value of GOODE ADVICE LTD at £55.2k based on a Turnover of £105.9k and 0.52x industry multiple (adjusted for size and gross margin).

goode advice ltd Estimated Valuation

£349

Pomanda estimates the enterprise value of GOODE ADVICE LTD at £349 based on an EBITDA of £91 and a 3.83x industry multiple (adjusted for size and gross margin).

goode advice ltd Estimated Valuation

£7

Pomanda estimates the enterprise value of GOODE ADVICE LTD at £7 based on Net Assets of £117 and 0.06x industry multiple (adjusted for liquidity).

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Goode Advice Ltd Overview

Goode Advice Ltd is a live company located in nottingham, NG10 4FH with a Companies House number of 08350823. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in January 2013, it's largest shareholder is matthew goode with a 100% stake. Goode Advice Ltd is a established, micro sized company, Pomanda has estimated its turnover at £105.9k with healthy growth in recent years.

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Goode Advice Ltd Health Check

Pomanda's financial health check has awarded Goode Advice Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £105.9k, make it smaller than the average company (£591k)

£105.9k - Goode Advice Ltd

£591k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.6%)

12% - Goode Advice Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 32.6%, this company has a higher cost of product (65.1%)

32.6% - Goode Advice Ltd

65.1% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (16.5%)

0.1% - Goode Advice Ltd

16.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (7)

3 - Goode Advice Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.7k, the company has an equivalent pay structure (£31.7k)

£31.7k - Goode Advice Ltd

£31.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.3k, this is less efficient (£77k)

£35.3k - Goode Advice Ltd

£77k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Goode Advice Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (23 days)

16 days - Goode Advice Ltd

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Goode Advice Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Goode Advice Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (53%)

96.6% - Goode Advice Ltd

53% - Industry AVG

GOODE ADVICE LTD financials

EXPORTms excel logo

Goode Advice Ltd's latest turnover from January 2023 is estimated at £105.9 thousand and the company has net assets of £117. According to their latest financial statements, Goode Advice Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Turnover105,925105,409115,85975,02159,54034,67934,8672,1834,0571,941
Other Income Or Grants0000000000
Cost Of Sales71,40866,75468,32149,56339,78223,39422,0731,3152,5671,227
Gross Profit34,51638,65447,53825,45819,75811,28512,7948681,490714
Admin Expenses34,42538,66649,83423,92619,18910,72512,5401,5073,321-2,483
Operating Profit91-12-2,2961,532569560254-639-1,8313,197
Interest Payable0000000000
Interest Receivable0000000000
Pre-Tax Profit91-12-2,2961,532569560254-639-1,8313,197
Tax-1700-291-108-106-5100-735
Profit After Tax74-12-2,2961,241461454203-639-1,8312,462
Dividends Paid0000000000
Retained Profit74-12-2,2961,241461454203-639-1,8312,462
Employee Costs95,02585,09188,07190,64687,93860,93771,93636,36129,66530,541
Number Of Employees3333322111
EBITDA*91-12-2,2961,532569560254227-6794,735

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Tangible Assets3,4373,3831,9131,6222,1642,8851,9452,5943,4604,612
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets3,4373,3831,9131,6222,1642,8851,9452,5943,4604,612
Stock & work in progress0000000000
Trade Debtors0007297291821,19459600
Group Debtors0000000000
Misc Debtors0000000000
Cash0000000000
misc current assets0000000000
total current assets0007297291821,19459600
total assets3,4373,3831,9132,3512,8933,0673,1393,1903,4604,612
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 3,3203,3401,85801,7832,4182,9442,5792,7292,050
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities3,3203,3401,85801,7832,4182,9442,5792,7292,050
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions000000051900
total long term liabilities000000051900
total liabilities3,3203,3401,85801,7832,4182,9443,0982,7292,050
net assets11743552,3511,110649195927312,562
total shareholders funds11743552,3511,110649195927312,562
Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Operating Activities
Operating Profit91-12-2,2961,532569560254-639-1,8313,197
Depreciation00000008661,1521,538
Amortisation0000000000
Tax-1700-291-108-106-5100-735
Stock0000000000
Debtors00-7290547-1,01259859600
Creditors-201,4821,858-1,783-635-526365-1506792,050
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions000000-51951900
Cash flow from operations541,470291-542-721940-549006,050
Investing Activities
capital expenditure-54-1,470-291542721-94064900-6,150
Change in Investments0000000000
cash flow from investments-54-1,470-291542721-94064900-6,150
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000-10000100
interest0000000000
cash flow from financing000000-10000100
cash and cash equivalents
cash0000000000
overdraft0000000000
change in cash0000000000

goode advice 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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Goode Advice Ltd Competitor Analysis

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Perform a competitor analysis for goode advice ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NG10 area or any other competitors across 12 key performance metrics.

goode advice ltd Ownership

GOODE ADVICE LTD group structure

Goode Advice Ltd has no subsidiary companies.

Ultimate parent company

GOODE ADVICE LTD

08350823

GOODE ADVICE LTD Shareholders

matthew goode 100%

goode advice ltd directors

Goode Advice Ltd currently has 1 director, Mr Matthew Goode serving since Jan 2013.

officercountryagestartendrole
Mr Matthew GoodeUnited Kingdom56 years Jan 2013- Director

P&L

January 2023

turnover

105.9k

0%

operating profit

91.4

0%

gross margin

32.6%

-11.14%

turnover

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

Balance Sheet

January 2023

net assets

117

+1.72%

total assets

3.4k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

goode advice ltd company details

company number

08350823

Type

Private limited with Share Capital

industry

69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

incorporation date

January 2013

age

11

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

January 2023

address

151 curzon street, long eaton, nottingham, NG10 4FH

accountant

-

auditor

-

goode advice 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 goode advice ltd.

charges

goode advice ltd Companies House Filings - See Documents

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