gilkar developments limited
gilkar developments limited Company Information
Company Number
08369186
Website
-Registered Address
10 cliff parade, wakefield, west yorkshire, WF1 2TA
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Ishtiaq Gilkar11 Years
Shareholders
gilkar medicare ltd 100%
gilkar developments limited Estimated Valuation
Pomanda estimates the enterprise value of GILKAR DEVELOPMENTS LIMITED at £1.1m based on a Turnover of £3.5m and 0.32x industry multiple (adjusted for size and gross margin).
gilkar developments limited Estimated Valuation
Pomanda estimates the enterprise value of GILKAR DEVELOPMENTS LIMITED at £150.7k based on an EBITDA of £62.2k and a 2.42x industry multiple (adjusted for size and gross margin).
gilkar developments limited Estimated Valuation
Pomanda estimates the enterprise value of GILKAR DEVELOPMENTS LIMITED at £1.5m based on Net Assets of £1.1m and 1.31x industry multiple (adjusted for liquidity).
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Gilkar Developments Limited Overview
Gilkar Developments Limited is a live company located in west yorkshire, WF1 2TA with a Companies House number of 08369186. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2013, it's largest shareholder is gilkar medicare ltd with a 100% stake. Gilkar Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.
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Gilkar Developments Limited Health Check
Pomanda's financial health check has awarded Gilkar Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £3.5m, make it larger than the average company (£2.2m)
- Gilkar Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2%)
- Gilkar Developments Limited
2% - Industry AVG
Production
with a gross margin of 9.1%, this company has a higher cost of product (25.6%)
- Gilkar Developments Limited
25.6% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (8.7%)
- Gilkar Developments Limited
8.7% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
- Gilkar Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Gilkar Developments Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £691.5k, this is more efficient (£278.5k)
- Gilkar Developments Limited
£278.5k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (28 days)
- Gilkar Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 175 days, this is slower than average (31 days)
- Gilkar Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gilkar Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gilkar Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a lower level of debt than the average (74.9%)
57.6% - Gilkar Developments Limited
74.9% - Industry AVG
GILKAR DEVELOPMENTS LIMITED financials
Gilkar Developments Limited's latest turnover from March 2023 is estimated at £3.5 million and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Gilkar Developments Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 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 | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,401,977 | 2,401,977 | 2,401,977 | 2,137,549 | 2,137,549 | 2,137,549 | 0 | 0 | 2,729,088 | 701,128 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 2,490,607 | 2,757,112 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,401,977 | 2,401,977 | 2,401,977 | 2,137,549 | 2,137,549 | 2,137,549 | 2,490,607 | 2,757,112 | 2,729,089 | 701,129 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 211,524 | 331,580 | 260,254 | 163,826 | 53,145 | 67,545 | 5,430 | 0 | 5,344 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,716 | 5,566 | 790 | 528 | 789 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 40,052 | 81,272 | 28,759 | 4,284 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 789 | 0 | 0 | 0 | 0 |
| total current assets | 225,240 | 337,146 | 261,044 | 164,354 | 53,934 | 68,334 | 45,482 | 81,272 | 34,103 | 4,285 |
| total assets | 2,627,217 | 2,739,123 | 2,663,021 | 2,301,903 | 2,191,483 | 2,205,883 | 2,536,089 | 2,838,384 | 2,763,192 | 705,414 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 1,230,916 | 627,908 | 321,677 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,513,129 | 1,673,358 | 1,726,397 | 1,639,499 | 1,668,904 | 0 | 0 | 0 | 1,406,728 | 632,245 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 952,630 | 931,849 | 0 | 0 |
| total current liabilities | 1,513,129 | 1,673,358 | 1,726,397 | 1,639,499 | 1,668,904 | 1,230,916 | 1,580,538 | 1,253,526 | 1,406,728 | 632,245 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 648,509 | 1,294,812 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 2,059 | 2,059 | 2,059 | 2,059 | 2,923 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 611,133 | 0 | 0 | 1,230,387 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 2,059 | 2,059 | 2,059 | 2,059 | 614,056 | 648,509 | 1,294,812 | 1,230,387 | 0 |
| total liabilities | 1,513,129 | 1,675,417 | 1,728,456 | 1,641,558 | 1,670,963 | 1,844,972 | 2,229,047 | 2,548,338 | 2,637,115 | 632,245 |
| net assets | 1,114,088 | 1,063,706 | 934,565 | 660,345 | 520,520 | 360,911 | 307,042 | 290,046 | 126,077 | 73,169 |
| total shareholders funds | 1,114,088 | 1,063,706 | 934,565 | 660,345 | 520,520 | 360,911 | 307,042 | 290,046 | 126,077 | 73,169 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -111,906 | 76,102 | 96,690 | 110,420 | -13,611 | 62,115 | 5,430 | -5,344 | 5,343 | 1 |
| Creditors | -160,229 | -53,039 | 86,898 | -29,405 | 1,668,904 | 0 | 0 | -1,406,728 | 774,483 | 632,245 |
| Accruals and Deferred Income | -2,059 | 0 | 0 | 0 | -864 | -949,707 | 20,781 | 931,849 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -2,490,607 | -266,505 | 2,757,111 | 0 | 1 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -648,509 | -646,303 | 1,294,812 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -611,133 | 611,133 | 0 | -1,230,387 | 1,230,387 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -40,052 | -41,220 | 52,513 | 24,475 | 4,284 |
| overdraft | 0 | 0 | 0 | 0 | -1,230,916 | 603,008 | 306,231 | 321,677 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 1,230,916 | -643,060 | -347,451 | -269,164 | 24,475 | 4,284 |
gilkar developments limited Credit Report and Business Information
Gilkar Developments Limited Competitor Analysis
Perform a competitor analysis for gilkar developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gilkar developments limited Ownership
GILKAR DEVELOPMENTS LIMITED group structure
Gilkar Developments Limited has no subsidiary companies.
gilkar developments limited directors
Gilkar Developments Limited currently has 1 director, Dr Ishtiaq Gilkar serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Ishtiaq Gilkar | England | 54 years | Jan 2013 | - | Director |
P&L
March 2023turnover
3.5m
-15%
operating profit
62.2k
0%
gross margin
9.1%
+5.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.05%
total assets
2.6m
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
gilkar developments limited company details
company number
08369186
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2013
age
11
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
10 cliff parade, wakefield, west yorkshire, WF1 2TA
last accounts submitted
March 2023
gilkar developments 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 gilkar developments limited.
gilkar developments limited Companies House Filings - See Documents
| date | description | view/download |
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