goldman smith claims management ltd

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goldman smith claims management ltd Company Information

Share GOLDMAN SMITH CLAIMS MANAGEMENT LTD

Company Number

08651896

Shareholders

goldman smith claims management limited

jaret limited

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Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

saxon house, 21 market square, sandbach, cheshire, CW11 1AT

goldman smith claims management ltd Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of GOLDMAN SMITH CLAIMS MANAGEMENT LTD at £4.1m based on a Turnover of £3m and 1.36x industry multiple (adjusted for size and gross margin).

goldman smith claims management ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of GOLDMAN SMITH CLAIMS MANAGEMENT LTD at £0 based on an EBITDA of £-27.6k and a 4.71x industry multiple (adjusted for size and gross margin).

goldman smith claims management ltd Estimated Valuation

£297.8k

Pomanda estimates the enterprise value of GOLDMAN SMITH CLAIMS MANAGEMENT LTD at £297.8k based on Net Assets of £222k and 1.34x industry multiple (adjusted for liquidity).

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Goldman Smith Claims Management Ltd Overview

Goldman Smith Claims Management Ltd is a live company located in sandbach, CW11 1AT with a Companies House number of 08651896. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in August 2013, it's largest shareholder is goldman smith claims management limited with a 38% stake. Goldman Smith Claims Management Ltd is a established, small sized company, Pomanda has estimated its turnover at £3m with declining growth in recent years.

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Goldman Smith Claims Management Ltd Health Check

Pomanda's financial health check has awarded Goldman Smith Claims Management Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £3m, make it smaller than the average company (£5.8m)

£3m - Goldman Smith Claims Management Ltd

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.3%)

-8% - Goldman Smith Claims Management Ltd

7.3% - Industry AVG

production

Production

with a gross margin of 53.6%, this company has a comparable cost of product (53.6%)

53.6% - Goldman Smith Claims Management Ltd

53.6% - Industry AVG

profitability

Profitability

an operating margin of -2.3% make it less profitable than the average company (9.1%)

-2.3% - Goldman Smith Claims Management Ltd

9.1% - Industry AVG

employees

Employees

with 13 employees, this is similar to the industry average (12)

13 - Goldman Smith Claims Management Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £84.6k, the company has an equivalent pay structure (£84.6k)

£84.6k - Goldman Smith Claims Management Ltd

£84.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £232.5k, this is equally as efficient (£232.5k)

£232.5k - Goldman Smith Claims Management Ltd

£232.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Goldman Smith Claims Management Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Goldman Smith Claims Management Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Goldman Smith Claims Management Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (29 weeks)

71 weeks - Goldman Smith Claims Management Ltd

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (70.4%)

28.9% - Goldman Smith Claims Management Ltd

70.4% - Industry AVG

GOLDMAN SMITH CLAIMS MANAGEMENT LTD financials

EXPORTms excel logo

Goldman Smith Claims Management Ltd's latest turnover from August 2024 is estimated at £3 million and the company has net assets of £222 thousand. According to their latest financial statements, Goldman Smith Claims Management Ltd has 13 employees and maintains cash reserves of £109.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Turnover3,022,5002,016,7502,529,8403,836,9531,662,3494,713,8098,444,1428,779,0157,421,556265,390370,141
Other Income Or Grants00000000000
Cost Of Sales1,401,676866,4071,061,7971,582,762691,5541,960,7553,378,3353,434,7312,616,49792,415138,717
Gross Profit1,620,8241,150,3431,468,0432,254,191970,7952,753,0545,065,8075,344,2854,805,058172,974231,424
Admin Expenses1,690,3441,136,1271,481,7252,252,355942,3732,904,6985,010,3865,308,9854,778,823114,554164,571
Operating Profit-69,52014,216-13,6821,83628,422-151,64455,42135,30026,23558,42066,853
Interest Payable2,6523,8383,4193,0231,525000000
Interest Receivable4,1634,3551,9811361642,4552,74753442346865
Pre-Tax Profit-68,00914,733-15,120-1,05127,060-149,18958,16835,83326,65858,88866,918
Tax0-3,68300-5,1410-11,052-6,808-5,331-11,777-14,053
Profit After Tax-68,00911,050-15,120-1,05121,919-149,18947,11629,02521,32647,11052,865
Dividends Paid00000000000
Retained Profit-68,00911,050-15,120-1,05121,919-149,18947,11629,02521,32647,11052,865
Employee Costs1,099,353760,428885,0111,382,334757,5191,660,2812,856,3663,068,5882,538,249117,124117,328
Number Of Employees13101220112443484122
EBITDA*-27,64730,659-10,4045,19130,690-65,735141,99751,92741,42771,06868,700

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Tangible Assets8,67810,48813,11113,4229,09110,66913,33616,67018,99023,7381,672
Intangible Assets25,88413,820000083,242118,52285,85858,99512,862
Investments & Other022,000000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets34,56246,30813,11113,4229,09110,66996,578135,192104,84882,73314,534
Stock & work in progress00000000000
Trade Debtors00000000023,53550,636
Group Debtors00000000000
Misc Debtors167,872127,36940,00060,0002,89719,18933,85357,63752,58700
Cash109,76756,754109,168117,251155,298171,699482,862249,750177,076161,16625,965
misc current assets00000000000
total current assets277,639184,123149,168177,251158,195190,888516,715307,387229,663184,70176,601
total assets312,201230,431162,279190,673167,286201,557613,293442,579334,511267,43491,135
Bank overdraft10,00010,00010,00010,64850,000000000
Bank loan00000000000
Trade Creditors 000010000166,45937,270
Group/Directors Accounts001,0381,0381,038000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities70,139130,18560,63663,85239,348146,277408,317284,086208,21000
total current liabilities80,139140,18571,67475,53890,387146,277408,317284,086208,210166,45937,270
loans9,11319,11329,11338,4640000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions9071,0822,4912,5501,7272,0272,5343,167000
total long term liabilities10,02020,19531,60441,0141,7272,0272,5343,167000
total liabilities90,159160,380103,278116,55292,114148,304410,851287,253208,210166,45937,270
net assets222,04270,05159,00174,12175,17253,253202,442155,326126,301100,97553,865
total shareholders funds222,04270,05159,00174,12175,17253,253202,442155,326126,301100,97553,865
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014
Operating Activities
Operating Profit-69,52014,216-13,6821,83628,422-151,64455,42135,30026,23558,42066,853
Depreciation2,1692,6233,2783,3552,2682,6673,3344,16815,1925,934418
Amortisation39,70413,82000083,24283,24212,45906,7141,429
Tax0-3,68300-5,1410-11,052-6,808-5,331-11,777-14,053
Stock00000000000
Debtors40,50387,369-20,00057,103-16,292-14,664-23,7845,05029,052-27,10150,636
Creditors000-11000-166,459129,18937,270
Accruals and Deferred Income-60,04669,549-3,21624,504-106,929-262,040124,23175,876208,21000
Deferred Taxes & Provisions-175-1,409-59823-300-507-6333,167000
Cash flow from operations-128,3717,7476,321-26,586-65,387-313,618278,327119,11248,795215,58141,281
Investing Activities
capital expenditure-52,127-27,640-2,967-7,686-6900-47,962-46,971-37,307-80,847-16,381
Change in Investments-22,00022,000000000000
cash flow from investments-30,127-49,640-2,967-7,686-6900-47,962-46,971-37,307-80,847-16,381
Financing Activities
Bank loans00000000000
Group/Directors Accounts0-1,038001,038000000
Other Short Term Loans 00000000000
Long term loans-10,000-10,000-9,35138,4640000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue220,00000000004,00001,000
interest1,511517-1,438-2,887-1,3612,4552,74753442346865
cash flow from financing211,511-10,521-10,78935,577-3232,4552,7475344,4234681,065
cash and cash equivalents
cash53,013-52,414-8,083-38,047-16,401-311,163233,11272,67415,910135,20125,965
overdraft00-648-39,35250,000000000
change in cash53,013-52,414-7,4351,305-66,401-311,163233,11272,67415,910135,20125,965

goldman smith claims management 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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Goldman Smith Claims Management Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for goldman smith claims management ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in CW11 area or any other competitors across 12 key performance metrics.

goldman smith claims management ltd Ownership

GOLDMAN SMITH CLAIMS MANAGEMENT LTD group structure

Goldman Smith Claims Management Ltd has no subsidiary companies.

Ultimate parent company

GOLDMAN SMITH CLAIMS MANAGEMENT LTD

08651896

GOLDMAN SMITH CLAIMS MANAGEMENT LTD Shareholders

goldman smith claims management limited 38%
jaret limited 31%
impst ltd 31%

goldman smith claims management ltd directors

Goldman Smith Claims Management Ltd currently has 2 directors. The longest serving directors include Mr Andrew Tudor (Aug 2013) and Mr Phillip Thorpe (Aug 2013).

officercountryagestartendrole
Mr Andrew TudorUnited Kingdom44 years Aug 2013- Director
Mr Phillip ThorpeEngland45 years Aug 2013- Director

P&L

August 2024

turnover

3m

+50%

operating profit

-69.5k

0%

gross margin

53.7%

-5.99%

turnover

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

Balance Sheet

August 2024

net assets

222k

+2.17%

total assets

312.2k

+0.35%

cash

109.8k

+0.93%

net assets

Total assets minus all liabilities

goldman smith claims management ltd company details

company number

08651896

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

August 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2024

previous names

N/A

accountant

ERC ACCOUNTANTS & BUSINESS ADVISERS LIMITED

auditor

-

address

saxon house, 21 market square, sandbach, cheshire, CW11 1AT

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

goldman smith claims management 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 goldman smith claims management ltd.

goldman smith claims management ltd Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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goldman smith claims management ltd Companies House Filings - See Documents

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