goode sport ltd

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goode sport ltd Company Information

Share GOODE SPORT LTD

Company Number

08987829

Shareholders

goode & smith group holdings limited

Group Structure

View All

Industry

Retail sale of sporting equipment in specialised stores

 

Registered Address

25 brownfields, welwyn garden city, AL7 1AN

goode sport ltd Estimated Valuation

£423.1k

Pomanda estimates the enterprise value of GOODE SPORT LTD at £423.1k based on a Turnover of £1.1m and 0.38x industry multiple (adjusted for size and gross margin).

goode sport ltd Estimated Valuation

£276.4k

Pomanda estimates the enterprise value of GOODE SPORT LTD at £276.4k based on an EBITDA of £70.2k and a 3.94x industry multiple (adjusted for size and gross margin).

goode sport ltd Estimated Valuation

£247.9k

Pomanda estimates the enterprise value of GOODE SPORT LTD at £247.9k based on Net Assets of £123.5k and 2.01x industry multiple (adjusted for liquidity).

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Goode Sport Ltd Overview

Goode Sport Ltd is a live company located in welwyn garden city, AL7 1AN with a Companies House number of 08987829. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles sector, SIC Code 47640. Founded in April 2014, it's largest shareholder is goode & smith group holdings limited with a 100% stake. Goode Sport Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.

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Goode Sport Ltd Health Check

Pomanda's financial health check has awarded Goode Sport Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.1m, make it larger than the average company (£474.7k)

£1.1m - Goode Sport Ltd

£474.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8%)

27% - Goode Sport Ltd

8% - Industry AVG

production

Production

with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)

30.3% - Goode Sport Ltd

30.3% - Industry AVG

profitability

Profitability

an operating margin of 4.9% make it more profitable than the average company (0.8%)

4.9% - Goode Sport Ltd

0.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (8)

3 - Goode Sport Ltd

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £24k, the company has an equivalent pay structure (£24k)

£24k - Goode Sport Ltd

£24k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £367.6k, this is more efficient (£123.8k)

£367.6k - Goode Sport Ltd

£123.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is later than average (28 days)

43 days - Goode Sport Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (23 days)

57 days - Goode Sport Ltd

23 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 213 days, this is more than average (112 days)

213 days - Goode Sport Ltd

112 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Goode Sport Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (64.3%)

79.1% - Goode Sport Ltd

64.3% - Industry AVG

GOODE SPORT LTD financials

EXPORTms excel logo

Goode Sport Ltd's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £123.5 thousand. According to their latest financial statements, Goode Sport Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jan 2016Jan 2015
Turnover1,102,7701,369,933918,246540,511863,786961,097650,063783,0641,851,4853,021,194
Other Income Or Grants
Cost Of Sales769,108945,365615,298376,542597,939672,393457,113535,1271,248,1482,063,279
Gross Profit333,662424,568302,947163,970265,848288,705192,951247,937603,337957,915
Admin Expenses279,242369,683168,310183,806259,958274,570165,985199,260593,751937,631
Operating Profit54,42054,885134,637-19,8365,89014,13526,96648,6779,58620,284
Interest Payable34,20629,76422,40620,42914,17514,59019,34620,80211,300
Interest Receivable3852,964468239448
Pre-Tax Profit20,59928,085112,699-40,265-8,285-4557,62027,898-1,62020,332
Tax-5,150-5,336-21,413-1,448-5,579-4,270
Profit After Tax15,44922,74991,286-40,265-8,285-4556,17222,318-1,62016,062
Dividends Paid
Retained Profit15,44922,74991,286-40,265-8,285-4556,17222,318-1,62016,062
Employee Costs71,95972,50771,24567,24361,33660,80059,040126,666309,683466,732
Number Of Employees333333371625
EBITDA*70,18070,899150,809-3,33522,83731,53444,41867,15125,50628,300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jan 2016Jan 2015
Tangible Assets2,2813,0414,0554,5046,0057,7539,0248,6972,8153,610
Intangible Assets5,00020,00035,00050,00065,00080,00095,000110,000127,500142,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,28123,04139,05554,50471,00587,753104,024118,697130,315146,110
Stock & work in progress449,346427,040268,624322,841351,248301,245220,917303,035303,341272,229
Trade Debtors130,496154,745136,56941,806114,458161,955132,62199,286101,337111,054
Group Debtors
Misc Debtors5,3442,1701,94213,4627,41623,9683,1622,807258
Cash14,657124,82318,23119,204
misc current assets
total current assets585,186598,612531,958378,109473,122487,168356,700405,128423,167402,487
total assets592,467621,653571,013432,613544,127574,921460,724523,825553,482548,597
Bank overdraft32,25031,57320,03932,5215,7904,104
Bank loan
Trade Creditors 120,657211,091132,36955,631166,357179,02599,078122,160139,657179,664
Group/Directors Accounts10,80017,58221,97221,60031,872196,48032,40032,40032,400
other short term finances10,00010,00010,0008,334157,500122,50075,00085,000
hp & lease commitments
other current liabilities5,8797,55926,9206509686507,60213,16119,201
total current liabilities179,586246,232191,261117,788376,736531,176219,870256,825191,258179,664
loans288,947266,918293,836320,147132,208196,480228,880347,680
hp & lease commitments
Accruals and Deferred Income
other liabilities352,769
provisions4214396016498891,1661,3401,258
total long term liabilities289,368267,357294,437320,796133,0971,166197,820230,138347,680352,769
total liabilities468,954513,589485,698438,584509,833532,342417,690486,963538,938532,433
net assets123,513108,06485,315-5,97134,29442,57943,03436,86214,54416,164
total shareholders funds123,513108,06485,315-5,97134,29442,57943,03436,86214,54416,164
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jan 2016Jan 2015
Operating Activities
Operating Profit54,42054,885134,637-19,8365,89014,13526,96648,6779,58620,284
Depreciation7601,0141,1721,5011,9472,3992,452974920516
Amortisation15,00015,00015,00015,00015,00015,00015,00017,50015,0007,500
Tax-5,150-5,336-21,413-1,448-5,579-4,270
Stock22,306158,416-54,217-28,40750,00380,328-82,118-30631,112272,229
Debtors-21,07518,40483,243-66,606-64,04950,14033,690498-9,459111,054
Creditors-90,43478,72276,738-110,726-12,66879,947-23,082-17,497-40,007179,664
Accruals and Deferred Income-1,680-19,36126,270-318318-6,952-5,559-6,04019,201
Deferred Taxes & Provisions-18-162-48-240-277-174821,258
Cash flow from operations-28,333-52,058203,330-19,60624,256-26,11362,83939,101-16,953-179,589
Investing Activities
capital expenditure-723-199-1,128-2,779-6,856-125-154,126
Change in Investments
cash flow from investments-723-199-1,128-2,779-6,856-125-154,126
Financing Activities
Bank loans
Group/Directors Accounts-6,782-4,390372-10,272-164,608164,08032,400
Other Short Term Loans 1,666-149,16635,00047,500-10,00085,000
Long term loans22,029-26,918-26,311187,939132,208-196,480-32,400-118,800347,680
Hire Purchase and Lease Commitments
other long term liabilities-352,769352,769
share issue102
interest-33,821-26,800-21,938-20,429-14,175-14,590-19,346-20,779-11,20648
cash flow from financing-18,574-58,108-46,2118,072-11,575510-61,746-54,57916,105352,919
cash and cash equivalents
cash-14,657-110,166124,823-18,231-97319,204
overdraft32,250-31,57311,534-12,48226,7311,6864,104
change in cash-46,907-110,166156,396-11,53412,482-26,731-1,686-22,335-97319,204

goode sport 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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Goode Sport Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for goode sport ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in AL7 area or any other competitors across 12 key performance metrics.

goode sport ltd Ownership

GOODE SPORT LTD group structure

Goode Sport Ltd has no subsidiary companies.

Ultimate parent company

1 parent

GOODE SPORT LTD

08987829

GOODE SPORT LTD Shareholders

goode & smith group holdings limited 100%

goode sport ltd directors

Goode Sport Ltd currently has 3 directors. The longest serving directors include Mr Andrew Goode (Apr 2014) and Mr Nicholas Goode (Apr 2014).

officercountryagestartendrole
Mr Andrew GoodeUnited Kingdom65 years Apr 2014- Director
Mr Nicholas GoodeEngland66 years Apr 2014- Director
Mr Paul SmithUnited Kingdom45 years Apr 2014- Director

P&L

March 2024

turnover

1.1m

-20%

operating profit

54.4k

0%

gross margin

30.3%

-2.37%

turnover

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

Balance Sheet

March 2024

net assets

123.5k

+0.14%

total assets

592.5k

-0.05%

cash

0

-1%

net assets

Total assets minus all liabilities

goode sport ltd company details

company number

08987829

Type

Private limited with Share Capital

industry

47640 - Retail sale of sporting equipment in specialised stores

incorporation date

April 2014

age

11

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

JORDAN THOMAS LANE

auditor

-

address

25 brownfields, welwyn garden city, AL7 1AN

Bank

-

Legal Advisor

-

goode sport 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 found 3 charges/mortgages relating to goode sport ltd. Currently there are 1 open charges and 2 have been satisfied in the past.

goode sport 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.

Click to start generating capital raising & share issue transactions for GOODE SPORT LTD. This can take several minutes, an email will notify you when this has completed.

goode sport ltd Companies House Filings - See Documents

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