gosforth funding 2014-1 plc Company Information
Company Number
09123440
Website
-Registered Address
kpmg llp 8 princes parade, liverpool, L3 1QH
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
March 2024
Group Structure
View All
Shareholders
gosforth holdings 2014-1 limited 100%
gosforth funding 2014-1 plc Estimated Valuation
Pomanda estimates the enterprise value of GOSFORTH FUNDING 2014-1 PLC at £3.3m based on a Turnover of £9.6m and 0.35x industry multiple (adjusted for size and gross margin).
gosforth funding 2014-1 plc Estimated Valuation
Pomanda estimates the enterprise value of GOSFORTH FUNDING 2014-1 PLC at £120.4m based on an EBITDA of £51.4m and a 2.34x industry multiple (adjusted for size and gross margin).
gosforth funding 2014-1 plc Estimated Valuation
Pomanda estimates the enterprise value of GOSFORTH FUNDING 2014-1 PLC at £230.2k based on Net Assets of £92k and 2.5x industry multiple (adjusted for liquidity).
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Gosforth Funding 2014-1 Plc Overview
Gosforth Funding 2014-1 Plc is a dissolved company that was located in liverpool, L3 1QH with a Companies House number of 09123440. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2014, it's largest shareholder was gosforth holdings 2014-1 limited with a 100% stake. The last turnover for Gosforth Funding 2014-1 Plc was estimated at £9.6m.
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Gosforth Funding 2014-1 Plc Health Check
Pomanda's financial health check has awarded Gosforth Funding 2014-1 Plc a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £9.6m, make it larger than the average company (£2.6m)
£9.6m - Gosforth Funding 2014-1 Plc
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (4.3%)
-21% - Gosforth Funding 2014-1 Plc
4.3% - Industry AVG
Production
with a gross margin of 1.4%, this company has a higher cost of product (37.3%)
1.4% - Gosforth Funding 2014-1 Plc
37.3% - Industry AVG
Profitability
an operating margin of 537.4% make it more profitable than the average company (5.7%)
537.4% - Gosforth Funding 2014-1 Plc
5.7% - Industry AVG
Employees
with 66 employees, this is above the industry average (22)
- Gosforth Funding 2014-1 Plc
22 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Gosforth Funding 2014-1 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £144.8k, this is equally as efficient (£146.1k)
- Gosforth Funding 2014-1 Plc
£146.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gosforth Funding 2014-1 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gosforth Funding 2014-1 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gosforth Funding 2014-1 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (20 weeks)
6 weeks - Gosforth Funding 2014-1 Plc
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (67.6%)
100% - Gosforth Funding 2014-1 Plc
67.6% - Industry AVG
gosforth funding 2014-1 plc Credit Report and Business Information
Gosforth Funding 2014-1 Plc Competitor Analysis
Perform a competitor analysis for gosforth funding 2014-1 plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gosforth funding 2014-1 plc Ownership
GOSFORTH FUNDING 2014-1 PLC group structure
Gosforth Funding 2014-1 Plc has no subsidiary companies.
Ultimate parent company
2 parents
GOSFORTH FUNDING 2014-1 PLC
09123440
gosforth funding 2014-1 plc directors
Gosforth Funding 2014-1 Plc currently has 2 directors. The longest serving directors include Mr Miles Storey (Dec 2019) and Mr Justin Fox (Jul 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Miles Storey | England | 59 years | Dec 2019 | - | Director |
Mr Justin Fox | 54 years | Jul 2020 | - | Director |
GOSFORTH FUNDING 2014-1 PLC financials
Gosforth Funding 2014-1 Plc's latest turnover from December 2018 is £9.6 million and the company has net assets of £92 thousand. According to their latest financial statements, we estimate that Gosforth Funding 2014-1 Plc has 66 employees and maintains cash reserves of £82 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|
Turnover | 9,560,000 | 8,607,000 | 11,947,000 | 19,318,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 |
Cost Of Sales | 9,428,000 | 8,422,000 | 11,783,000 | 19,087,000 |
Gross Profit | 132,000 | 185,000 | 164,000 | 231,000 |
Admin Expenses | ||||
Operating Profit | ||||
Interest Payable | 0 | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 31,000 | 44,000 | -13,000 | -13,000 |
Tax | -1,000 | -1,000 | -1,000 | -4,000 |
Profit After Tax | 30,000 | 43,000 | -14,000 | -17,000 |
Dividends Paid | 0 | 0 | 0 | 0 |
Retained Profit | 30,000 | 43,000 | -14,000 | -17,000 |
Employee Costs | 0 | 0 | 0 | 0 |
Number Of Employees | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 77,000 |
Group Debtors | 36,836,000 | 2,160,000 | 935,971,000 | 3,202,000 |
Misc Debtors | 44,000 | 11,000 | 24,000 | 11,000 |
Cash | 81,987,000 | 78,000 | 92,349,000 | 97,851,000 |
misc current assets | 538,514,000 | 878,453,000 | 0 | 1,088,735,000 |
total current assets | 657,381,000 | 880,702,000 | 1,028,344,000 | 1,189,876,000 |
total assets | 657,381,000 | 880,702,000 | 1,028,344,000 | 1,189,876,000 |
Bank overdraft | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 |
other short term finances | 653,141,000 | 877,047,000 | 1,025,068,000 | 1,186,651,000 |
hp & lease commitments | 0 | 0 | 0 | 0 |
other current liabilities | 4,148,000 | 3,589,000 | 3,257,000 | 3,192,000 |
total current liabilities | 657,289,000 | 880,636,000 | 1,028,325,000 | 1,189,843,000 |
loans | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 |
total liabilities | 657,289,000 | 880,636,000 | 1,028,325,000 | 1,189,843,000 |
net assets | 92,000 | 66,000 | 19,000 | 33,000 |
total shareholders funds | 92,000 | 66,000 | 19,000 | 33,000 |
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 |
Tax | -1,000 | -1,000 | -1,000 | -4,000 |
Stock | 0 | 0 | 0 | 0 |
Debtors | 34,709,000 | -933,824,000 | 932,705,000 | 3,290,000 |
Creditors | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 559,000 | 332,000 | 65,000 | 3,192,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | 0 | 0 | 0 | 0 |
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 |
Other Short Term Loans | -223,906,000 | -148,021,000 | -161,583,000 | 1,186,651,000 |
Long term loans | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 |
share issue | ||||
interest | 0 | 0 | 0 | 0 |
cash flow from financing | -223,910,000 | -148,017,000 | -161,583,000 | 1,186,701,000 |
cash and cash equivalents | ||||
cash | 81,909,000 | -92,271,000 | -5,502,000 | 97,851,000 |
overdraft | 0 | 0 | 0 | 0 |
change in cash | 81,909,000 | -92,271,000 | -5,502,000 | 97,851,000 |
P&L
December 2018turnover
9.6m
+11%
operating profit
51.4m
0%
gross margin
1.4%
-35.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
92k
+0.39%
total assets
657.4m
-0.25%
cash
82m
+1050.12%
net assets
Total assets minus all liabilities
gosforth funding 2014-1 plc company details
company number
09123440
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
talebrook plc (July 2014)
incorporated
UK
address
kpmg llp 8 princes parade, liverpool, L3 1QH
last accounts submitted
December 2018
gosforth funding 2014-1 plc 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 1 charges/mortgages relating to gosforth funding 2014-1 plc. Currently there are 0 open charges and 1 have been satisfied in the past.
gosforth funding 2014-1 plc Companies House Filings - See Documents
date | description | view/download |
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