gracelife london
gracelife london Company Information
Company Number
08556597
Website
www.gracelifelondon.orgRegistered Address
woodbridge chapel, woodbridge street, london, EC1R 0EX
Industry
Activities of religious organisations
Telephone
02074908888
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
gracelife london Estimated Valuation
Pomanda estimates the enterprise value of GRACELIFE LONDON at £2.1m based on a Turnover of £569.7k and 3.61x industry multiple (adjusted for size and gross margin).
gracelife london Estimated Valuation
Pomanda estimates the enterprise value of GRACELIFE LONDON at £0 based on an EBITDA of £-99k and a 18.25x industry multiple (adjusted for size and gross margin).
gracelife london Estimated Valuation
Pomanda estimates the enterprise value of GRACELIFE LONDON at £1.2m based on Net Assets of £387.5k and 3.02x industry multiple (adjusted for liquidity).
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Gracelife London Overview
Gracelife London is a live company located in london, EC1R 0EX with a Companies House number of 08556597. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in June 2013, it's largest shareholder is unknown. Gracelife London is a established, small sized company, Pomanda has estimated its turnover at £569.7k with high growth in recent years.
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Gracelife London Health Check
Pomanda's financial health check has awarded Gracelife London a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £569.7k, make it larger than the average company (£284.1k)
£569.7k - Gracelife London
£284.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (1.2%)
27% - Gracelife London
1.2% - Industry AVG
Production
with a gross margin of 71.5%, this company has a comparable cost of product (71.5%)
71.5% - Gracelife London
71.5% - Industry AVG
Profitability
an operating margin of -18.4% make it less profitable than the average company (1%)
-18.4% - Gracelife London
1% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
5 - Gracelife London
6 - Industry AVG
Pay Structure
on an average salary of £72k, the company has a higher pay structure (£21.4k)
£72k - Gracelife London
£21.4k - Industry AVG
Efficiency
resulting in sales per employee of £113.9k, this is more efficient (£55.4k)
£113.9k - Gracelife London
£55.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gracelife London
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gracelife London
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gracelife London
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1267 weeks, this is more cash available to meet short term requirements (401 weeks)
1267 weeks - Gracelife London
401 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (5.1%)
3.4% - Gracelife London
5.1% - Industry AVG
GRACELIFE LONDON financials
Gracelife London's latest turnover from March 2023 is £569.7 thousand and the company has net assets of £387.5 thousand. According to their latest financial statements, Gracelife London has 5 employees and maintains cash reserves of £329.3 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 | 569,742 | 720,727 | 359,040 | 278,038 | 327,228 | 202,351 | 212,036 | 245,398 | 191,298 | 34,137 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -89,294 | 259,617 | 100,170 | -52,453 | 52,069 | -43,089 | 9,881 | 87,494 | 50,185 | 12,873 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -89,294 | 259,617 | 100,170 | -52,453 | 52,069 | -43,089 | 9,881 | 87,494 | 50,185 | 12,873 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -89,294 | 259,617 | 100,170 | -52,453 | 52,069 | -43,089 | 9,881 | 87,494 | 50,185 | 12,873 |
| Employee Costs | 359,829 | 286,997 | 164,359 | 173,421 | 151,855 | 124,320 | 118,626 | 98,858 | 88,338 | 16,370 |
| Number Of Employees | 5 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | |
| 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 | 17,884 | 10,587 | 9,652 | 9,790 | 6,286 | 3,542 | 3,563 | 2,760 | 3,011 | 1,548 |
| 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 | 17,884 | 10,587 | 9,652 | 9,790 | 6,286 | 3,542 | 3,563 | 2,760 | 3,011 | 1,548 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 53,791 | 81,443 | 34,342 | 64,462 | 43,178 | 35,555 | 27,347 | 23,681 | 13,507 | 2,819 |
| Cash | 329,284 | 394,353 | 183,314 | 52,091 | 133,035 | 84,615 | 137,600 | 130,346 | 63,751 | 15,465 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 383,075 | 475,796 | 217,656 | 116,553 | 176,213 | 120,170 | 164,947 | 154,027 | 77,258 | 18,284 |
| total assets | 400,959 | 486,383 | 227,308 | 126,343 | 182,499 | 123,712 | 168,510 | 156,787 | 80,269 | 19,832 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 13,506 | 9,636 | 10,178 | 9,383 | 13,086 | 6,368 | 8,077 | 6,235 | 17,211 | 6,959 |
| total current liabilities | 13,506 | 9,636 | 10,178 | 9,383 | 13,086 | 6,368 | 8,077 | 6,235 | 17,211 | 6,959 |
| 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 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 13,506 | 9,636 | 10,178 | 9,383 | 13,086 | 6,368 | 8,077 | 6,235 | 17,211 | 6,959 |
| net assets | 387,453 | 476,747 | 217,130 | 116,960 | 169,413 | 117,344 | 160,433 | 150,552 | 63,058 | 12,873 |
| total shareholders funds | 387,453 | 476,747 | 217,130 | 116,960 | 169,413 | 117,344 | 160,433 | 150,552 | 63,058 | 12,873 |
| 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 | 5,623 | 4,616 | 4,275 | 3,173 | 3,041 | 2,240 | 2,546 | 1,064 | 1,115 | 1,115 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -27,652 | 47,101 | -30,120 | 21,284 | 7,623 | 8,208 | 3,666 | 10,174 | 10,688 | 2,819 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,870 | -542 | 795 | -3,703 | 6,718 | -1,709 | 1,842 | -10,976 | 10,252 | 6,959 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||||
| cash | -65,069 | 211,039 | 131,223 | -80,944 | 48,420 | -52,985 | 7,254 | 66,595 | 48,286 | 15,465 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -65,069 | 211,039 | 131,223 | -80,944 | 48,420 | -52,985 | 7,254 | 66,595 | 48,286 | 15,465 |
gracelife london Credit Report and Business Information
Gracelife London Competitor Analysis
Perform a competitor analysis for gracelife london by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC1R area or any other competitors across 12 key performance metrics.
gracelife london Ownership
GRACELIFE LONDON group structure
Gracelife London has no subsidiary companies.
Ultimate parent company
GRACELIFE LONDON
08556597
gracelife london directors
Gracelife London currently has 8 directors. The longest serving directors include Mr Thomas Drion (Jun 2013) and Mr Kevin Edwards (Jun 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Drion | 52 years | Jun 2013 | - | Director | |
| Mr Kevin Edwards | 62 years | Jun 2013 | - | Director | |
| Mr Raymond Mehringer | United States | 67 years | Jun 2013 | - | Director |
| Mr Adrian Orgill | England | 54 years | Jun 2013 | - | Director |
| Mr Keith Essex | United States | 77 years | Jun 2013 | - | Director |
| Mr Adam Waller | 40 years | Oct 2017 | - | Director | |
| Dr Daniel Jarms | 57 years | May 2020 | - | Director | |
| Mr Michael Dionne | 34 years | Jan 2023 | - | Director |
P&L
March 2023turnover
569.7k
-21%
operating profit
-104.7k
0%
gross margin
71.5%
+50.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
387.5k
-0.19%
total assets
401k
-0.18%
cash
329.3k
-0.17%
net assets
Total assets minus all liabilities
gracelife london company details
company number
08556597
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
June 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
woodbridge chapel, woodbridge street, london, EC1R 0EX
accountant
CHRISTINE CHEUNG POSTON
auditor
-
gracelife london 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 gracelife london.
gracelife london Companies House Filings - See Documents
| date | description | view/download |
|---|
