r t gray property development limited Company Information
Company Number
08641188
Website
-Registered Address
4 king square, bridgwater, somerset, TA6 3YF
Industry
Development of building projects
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
robert trevor gray 80%
susan mary gray 20%
r t gray property development limited Estimated Valuation
Pomanda estimates the enterprise value of R T GRAY PROPERTY DEVELOPMENT LIMITED at £360.7k based on a Turnover of £924.6k and 0.39x industry multiple (adjusted for size and gross margin).
r t gray property development limited Estimated Valuation
Pomanda estimates the enterprise value of R T GRAY PROPERTY DEVELOPMENT LIMITED at £10.1k based on an EBITDA of £3.6k and a 2.84x industry multiple (adjusted for size and gross margin).
r t gray property development limited Estimated Valuation
Pomanda estimates the enterprise value of R T GRAY PROPERTY DEVELOPMENT LIMITED at £176.9k based on Net Assets of £114.3k and 1.55x industry multiple (adjusted for liquidity).
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R T Gray Property Development Limited Overview
R T Gray Property Development Limited is a live company located in somerset, TA6 3YF with a Companies House number of 08641188. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2013, it's largest shareholder is robert trevor gray with a 80% stake. R T Gray Property Development Limited is a established, small sized company, Pomanda has estimated its turnover at £924.6k with rapid growth in recent years.
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R T Gray Property Development Limited Health Check
Pomanda's financial health check has awarded R T Gray Property Development Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £924.6k, make it smaller than the average company (£2.3m)
- R T Gray Property Development Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 128%, show it is growing at a faster rate (1.8%)
- R T Gray Property Development Limited
1.8% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (25.9%)
- R T Gray Property Development Limited
25.9% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (9.7%)
- R T Gray Property Development Limited
9.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - R T Gray Property Development Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- R T Gray Property Development Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £462.3k, this is more efficient (£288.9k)
- R T Gray Property Development Limited
£288.9k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (30 days)
- R T Gray Property Development Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 273 days, this is slower than average (30 days)
- R T Gray Property Development Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 245 days, this is more than average (162 days)
- R T Gray Property Development Limited
162 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (12 weeks)
10 weeks - R T Gray Property Development Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.8%, this is a higher level of debt than the average (74.9%)
84.8% - R T Gray Property Development Limited
74.9% - Industry AVG
R T GRAY PROPERTY DEVELOPMENT LIMITED financials
R T Gray Property Development Limited's latest turnover from December 2022 is estimated at £924.6 thousand and the company has net assets of £114.3 thousand. According to their latest financial statements, R T Gray Property Development Limited has 2 employees and maintains cash reserves of £121.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 46,057 | 11,086 | 7,936 | 1,448 | 1,773 | 2,179 | 2,688 | 3,328 | 4,136 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 46,057 | 11,086 | 7,936 | 1,448 | 1,773 | 2,179 | 2,688 | 3,328 | 4,136 |
Stock & work in progress | 563,675 | 0 | 350,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 22,924 | 0 | 18,156 | 5,401 | 16,103 | 36,853 | 27,654 | 27,185 | 7,435 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 121,393 | 242,015 | 24,930 | 1,652 | 1,658 | 5,628 | 25,016 | 5,452 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 707,992 | 242,015 | 393,086 | 7,053 | 17,761 | 42,481 | 52,670 | 32,637 | 7,435 |
total assets | 754,049 | 253,101 | 401,022 | 8,501 | 19,534 | 44,660 | 55,358 | 35,965 | 11,571 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 627,127 | 131,821 | 368,717 | 7,290 | 10,843 | 24,446 | 26,155 | 17,170 | 6,052 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 627,127 | 131,821 | 368,717 | 7,290 | 10,843 | 24,446 | 26,155 | 17,170 | 6,052 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 4,800 | 6,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 7,814 | 964 | 115 | 99 | 122 | 152 | 201 | 255 | 326 |
total long term liabilities | 12,614 | 7,564 | 115 | 99 | 122 | 152 | 201 | 255 | 326 |
total liabilities | 639,741 | 139,385 | 368,832 | 7,389 | 10,965 | 24,598 | 26,356 | 17,425 | 6,378 |
net assets | 114,308 | 113,716 | 32,190 | 1,112 | 8,569 | 20,062 | 29,002 | 18,540 | 5,193 |
total shareholders funds | 114,308 | 113,716 | 32,190 | 1,112 | 8,569 | 20,062 | 29,002 | 18,540 | 5,193 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 9,192 | 2,100 | 1,528 | 325 | 406 | 509 | 640 | 808 | 1,024 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||
Stock | 563,675 | -350,000 | 350,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 22,924 | -18,156 | 12,755 | -10,702 | -20,750 | 9,199 | 469 | 19,750 | 7,435 |
Creditors | 495,306 | -236,896 | 361,427 | -3,553 | -13,603 | -1,709 | 8,985 | 11,118 | 6,052 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 6,850 | 849 | 16 | -23 | -30 | -49 | -54 | -71 | 326 |
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -1,800 | 6,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | -120,622 | 217,085 | 23,278 | -6 | -3,970 | -19,388 | 19,564 | 5,452 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -120,622 | 217,085 | 23,278 | -6 | -3,970 | -19,388 | 19,564 | 5,452 | 0 |
r t gray property development limited Credit Report and Business Information
R T Gray Property Development Limited Competitor Analysis
Perform a competitor analysis for r t gray property development limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TA6 area or any other competitors across 12 key performance metrics.
r t gray property development limited Ownership
R T GRAY PROPERTY DEVELOPMENT LIMITED group structure
R T Gray Property Development Limited has no subsidiary companies.
Ultimate parent company
R T GRAY PROPERTY DEVELOPMENT LIMITED
08641188
r t gray property development limited directors
R T Gray Property Development Limited currently has 2 directors. The longest serving directors include Mr Robert Gray (Aug 2013) and Mrs Susan Gray (Oct 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Robert Gray | United Kingdom | 62 years | Aug 2013 | - | Director |
Mrs Susan Gray | United Kingdom | 62 years | Oct 2020 | - | Director |
P&L
December 2022turnover
924.6k
+132%
operating profit
-5.6k
0%
gross margin
9.6%
+8.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
114.3k
+0.01%
total assets
754k
+1.98%
cash
121.4k
-0.5%
net assets
Total assets minus all liabilities
r t gray property development limited company details
company number
08641188
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2013
age
11
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
4 king square, bridgwater, somerset, TA6 3YF
accountant
MAXWELLS
auditor
-
r t gray property development 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 found 2 charges/mortgages relating to r t gray property development limited. Currently there are 2 open charges and 0 have been satisfied in the past.
r t gray property development limited Companies House Filings - See Documents
date | description | view/download |
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