gorean films limited
gorean films limited Company Information
Company Number
08850517
Website
-Registered Address
c/o flb accountants llp, 1010 eskdale road, wokingham, RG41 5TS
Industry
Motion picture production activities
Television programme production activities
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Duncan Reid0 Years
Shareholders
wcs nominees limited 95.2%
tt nominees limited 4.8%
View Allgorean films limited Estimated Valuation
Pomanda estimates the enterprise value of GOREAN FILMS LIMITED at £1.2k based on a Turnover of £12.3k and 0.1x industry multiple (adjusted for size and gross margin).
gorean films limited Estimated Valuation
Pomanda estimates the enterprise value of GOREAN FILMS LIMITED at £0 based on an EBITDA of £-28.8k and a 0.49x industry multiple (adjusted for size and gross margin).
gorean films limited Estimated Valuation
Pomanda estimates the enterprise value of GOREAN FILMS LIMITED at £184k based on Net Assets of £132.3k and 1.39x industry multiple (adjusted for liquidity).
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Gorean Films Limited Overview
Gorean Films Limited is a live company located in wokingham, RG41 5TS with a Companies House number of 08850517. It operates in the motion picture production activities sector, SIC Code 59111. Founded in January 2014, it's largest shareholder is wcs nominees limited with a 95.2% stake. Gorean Films Limited is a established, micro sized company, Pomanda has estimated its turnover at £12.3k with declining growth in recent years.
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Gorean Films Limited Health Check
Pomanda's financial health check has awarded Gorean Films Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £12.3k, make it smaller than the average company (£3.6m)
- Gorean Films Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (1.8%)
- Gorean Films Limited
1.8% - Industry AVG
Production
with a gross margin of 8%, this company has a comparable cost of product (8%)
- Gorean Films Limited
8% - Industry AVG
Profitability
an operating margin of -233.4% make it less profitable than the average company (1.7%)
- Gorean Films Limited
1.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- Gorean Films Limited
13 - Industry AVG
Pay Structure
on an average salary of £60.7k, the company has an equivalent pay structure (£60.7k)
- Gorean Films Limited
£60.7k - Industry AVG
Efficiency
resulting in sales per employee of £12.3k, this is less efficient (£315.6k)
- Gorean Films Limited
£315.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gorean Films Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is slower than average (9 days)
- Gorean Films Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gorean Films Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 272 weeks, this is more cash available to meet short term requirements (10 weeks)
272 weeks - Gorean Films Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.8%, this is a lower level of debt than the average (92.9%)
18.8% - Gorean Films Limited
92.9% - Industry AVG
GOREAN FILMS LIMITED financials
Gorean Films Limited's latest turnover from December 2022 is estimated at £12.3 thousand and the company has net assets of £132.3 thousand. According to their latest financial statements, we estimate that Gorean Films Limited has 1 employee and maintains cash reserves of £160.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 6,944,767 | 0 | 0 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 45,820 | 6,560,023 | 112,708 | 21,375 | |||||
| Gross Profit | -45,820 | 384,744 | -112,708 | -21,375 | |||||
| Admin Expenses | -29,775 | 1,121,354 | 109,640 | 314,418 | |||||
| Operating Profit | -16,045 | -736,610 | -222,348 | -335,793 | |||||
| Interest Payable | 0 | 31,434 | 2,942 | 0 | |||||
| Interest Receivable | 1,456 | 129 | 8,796 | 17,723 | |||||
| Pre-Tax Profit | 90,077 | -233,609 | -216,494 | -318,070 | |||||
| Tax | -16,410 | 0 | 0 | -1,217 | |||||
| Profit After Tax | 73,667 | -233,609 | -216,494 | -319,287 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 73,667 | -233,609 | -216,494 | -319,287 | |||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | |||||||
| EBITDA* | -16,045 | -736,610 | -222,348 | -335,793 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,498,326 | 0 |
| Trade Debtors | 0 | 24,613 | 0 | 106,831 | 647,307 | 1,113,923 | 2,393,379 | 4,672,777 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,606 | 82,899 | 309,051 | 405,053 | 1,780,296 | 2,186,456 | 239,280 | 465,662 | 49,519 |
| Cash | 160,285 | 125,738 | 296,100 | 347,955 | 1,780,042 | 1,025,072 | 1,263,748 | 104,849 | 4,309,681 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 162,891 | 233,250 | 605,151 | 859,839 | 4,207,645 | 4,325,451 | 3,896,407 | 11,741,614 | 4,359,200 |
| total assets | 162,891 | 233,250 | 605,151 | 859,839 | 4,207,645 | 4,325,453 | 3,896,409 | 11,741,616 | 4,359,200 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 358 | 0 | 0 | 2,400 | 137,009 | 0 | 98,961 | 96,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 506,494 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,234 | 44,623 | 169,370 | 224,554 | 29,329 | 458,490 | 4,152 | 7,008,335 | 11,919 |
| total current liabilities | 30,592 | 44,623 | 169,370 | 226,954 | 166,338 | 458,490 | 103,113 | 7,610,829 | 11,919 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 30,592 | 44,623 | 169,370 | 226,954 | 166,338 | 458,490 | 103,113 | 7,610,829 | 11,919 |
| net assets | 132,299 | 188,627 | 435,781 | 632,885 | 4,041,307 | 3,866,963 | 3,793,296 | 4,130,787 | 4,347,281 |
| total shareholders funds | 132,299 | 188,627 | 435,781 | 632,885 | 4,041,307 | 3,866,963 | 3,793,296 | 4,130,787 | 4,347,281 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -16,045 | -736,610 | -222,348 | -335,793 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -16,410 | 0 | 0 | -1,217 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -6,498,326 | 6,498,326 | 0 |
| Debtors | -104,906 | -201,539 | -202,833 | -2,788,495 | -872,776 | 667,720 | -2,505,780 | 5,088,920 | 49,519 |
| Creditors | 358 | 0 | -2,400 | 2,400 | 137,009 | -98,961 | 2,961 | 96,000 | 0 |
| Accruals and Deferred Income | -14,389 | -124,747 | -55,184 | -233,936 | -429,161 | 454,338 | -7,004,183 | 6,996,416 | 11,919 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -344,798 | 1,266,274 | -4,717,178 | -374,610 | |||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | -2 | -2 | 0 | 0 | 2 | 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 | -506,494 | 506,494 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 1,456 | -31,305 | 5,854 | 17,723 | |||||
| cash flow from financing | 1,456 | -641,681 | 512,348 | 4,684,291 | |||||
| cash and cash equivalents | |||||||||
| cash | 34,547 | -170,362 | -51,855 | -677,117 | 754,970 | -238,676 | 1,158,899 | -4,204,832 | 4,309,681 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 34,547 | -170,362 | -51,855 | -677,117 | 754,970 | -238,676 | 1,158,899 | -4,204,832 | 4,309,681 |
gorean films limited Credit Report and Business Information
Gorean Films Limited Competitor Analysis
Perform a competitor analysis for gorean films limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gorean films limited Ownership
GOREAN FILMS LIMITED group structure
Gorean Films Limited has no subsidiary companies.
Ultimate parent company
GOREAN FILMS LIMITED
08850517
gorean films limited directors
Gorean Films Limited currently has 1 director, Mr Duncan Reid serving since Mar 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Reid | United Kingdom | 65 years | Mar 2024 | - | Director |
P&L
December 2022turnover
12.3k
-96%
operating profit
-28.8k
0%
gross margin
8.1%
-7.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
132.3k
-0.3%
total assets
162.9k
-0.3%
cash
160.3k
+0.27%
net assets
Total assets minus all liabilities
gorean films limited company details
company number
08850517
Type
Private limited with Share Capital
industry
59111 - Motion picture production activities
59113 - Television programme production activities
incorporation date
January 2014
age
10
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o flb accountants llp, 1010 eskdale road, wokingham, RG41 5TS
last accounts submitted
December 2022
gorean films 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 gorean films limited.
gorean films limited Companies House Filings - See Documents
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