ghananeel it limited
ghananeel it limited Company Information
Company Number
08377175
Website
-Registered Address
57 ashmead road, bedford, MK41 7GA
Industry
Business and domestic software development
Other information technology and computer service activities
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
shashank joshi 60%
chitra joshi 40%
ghananeel it limited Estimated Valuation
Pomanda estimates the enterprise value of GHANANEEL IT LIMITED at £20.3k based on a Turnover of £35.6k and 0.57x industry multiple (adjusted for size and gross margin).
ghananeel it limited Estimated Valuation
Pomanda estimates the enterprise value of GHANANEEL IT LIMITED at £0 based on an EBITDA of £-4.2k and a 3.86x industry multiple (adjusted for size and gross margin).
ghananeel it limited Estimated Valuation
Pomanda estimates the enterprise value of GHANANEEL IT LIMITED at £1.4k based on Net Assets of £596 and 2.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ghananeel It Limited Overview
Ghananeel It Limited is a live company located in bedford, MK41 7GA with a Companies House number of 08377175. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 2013, it's largest shareholder is shashank joshi with a 60% stake. Ghananeel It Limited is a established, micro sized company, Pomanda has estimated its turnover at £35.6k with declining growth in recent years.
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Ghananeel It Limited Health Check
Pomanda's financial health check has awarded Ghananeel It Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £35.6k, make it smaller than the average company (£4.8m)
- Ghananeel It Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (7.4%)
- Ghananeel It Limited
7.4% - Industry AVG
Production
with a gross margin of 33.8%, this company has a higher cost of product (60.5%)
- Ghananeel It Limited
60.5% - Industry AVG
Profitability
an operating margin of -11.9% make it less profitable than the average company (3.5%)
- Ghananeel It Limited
3.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
1 - Ghananeel It Limited
36 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)
- Ghananeel It Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is less efficient (£138.8k)
- Ghananeel It Limited
£138.8k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (58 days)
- Ghananeel It Limited
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ghananeel It Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ghananeel It Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ghananeel It Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (62%)
16.8% - Ghananeel It Limited
62% - Industry AVG
GHANANEEL IT LIMITED financials
Ghananeel It Limited's latest turnover from July 2023 is estimated at £35.6 thousand and the company has net assets of £596. According to their latest financial statements, Ghananeel It Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jan 2020 | Jan 2019 | Jan 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 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 706 | 4,994 | 24,125 | 28,766 | 27,298 | 28,361 | 19,994 | 2,640 | 2,462 | 5,040 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,391 | 13,458 | 16,946 |
| misc current assets | 10 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 716 | 5,004 | 24,125 | 28,766 | 27,298 | 28,361 | 19,994 | 23,031 | 15,920 | 21,986 |
| total assets | 716 | 5,004 | 24,125 | 28,766 | 27,298 | 28,361 | 19,994 | 23,031 | 15,920 | 21,986 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 13,073 | 21,653 | 21,137 | 18,056 | 19,151 | 20,626 | 14,218 | 14,908 |
| 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 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 13,073 | 21,653 | 21,137 | 18,056 | 19,151 | 20,626 | 14,218 | 14,908 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 120 | 180 | 0 | 209 | 209 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 120 | 180 | 0 | 209 | 209 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 120 | 180 | 13,073 | 21,862 | 21,346 | 18,056 | 19,151 | 20,626 | 14,218 | 14,908 |
| net assets | 596 | 4,824 | 11,052 | 6,904 | 5,952 | 10,305 | 843 | 2,405 | 1,702 | 7,078 |
| total shareholders funds | 596 | 4,824 | 11,052 | 6,904 | 5,952 | 10,305 | 843 | 2,405 | 1,702 | 7,078 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 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 | -4,288 | -19,131 | -4,641 | 1,468 | -1,063 | 8,367 | 17,354 | 178 | -2,578 | 5,040 |
| Creditors | 0 | -13,073 | -8,580 | 516 | 3,081 | -1,095 | -1,475 | 6,408 | -690 | 14,908 |
| Accruals and Deferred Income | -60 | 180 | -209 | 0 | 209 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -20,391 | 6,933 | -3,488 | 16,946 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -20,391 | 6,933 | -3,488 | 16,946 |
ghananeel it limited Credit Report and Business Information
Ghananeel It Limited Competitor Analysis
Perform a competitor analysis for ghananeel it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK41 area or any other competitors across 12 key performance metrics.
ghananeel it limited Ownership
GHANANEEL IT LIMITED group structure
Ghananeel It Limited has no subsidiary companies.
Ultimate parent company
GHANANEEL IT LIMITED
08377175
ghananeel it limited directors
Ghananeel It Limited currently has 2 directors. The longest serving directors include Mr Shashank Joshi (Jan 2013) and Mrs Chitra Joshi (Jan 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shashank Joshi | England | 48 years | Jan 2013 | - | Director |
| Mrs Chitra Joshi | England | 46 years | Jan 2013 | - | Director |
P&L
July 2023turnover
35.6k
-16%
operating profit
-4.2k
0%
gross margin
33.9%
-3.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
596
-0.88%
total assets
716
-0.86%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ghananeel it limited company details
company number
08377175
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
incorporation date
January 2013
age
11
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
57 ashmead road, bedford, MK41 7GA
accountant
-
auditor
-
ghananeel it 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 ghananeel it limited.
ghananeel it limited Companies House Filings - See Documents
| date | description | view/download |
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