goring developments ltd
goring developments ltd Company Information
Company Number
09183014
Next Accounts
Mar 2025
Directors
Shareholders
daniel martinez
richard biffa
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
72 walton road, wavendon, milton keynes, MK17 8LW
Website
-goring developments ltd Estimated Valuation
Pomanda estimates the enterprise value of GORING DEVELOPMENTS LTD at £957 based on a Turnover of £2.9k and 0.33x industry multiple (adjusted for size and gross margin).
goring developments ltd Estimated Valuation
Pomanda estimates the enterprise value of GORING DEVELOPMENTS LTD at £1.5k based on an EBITDA of £580 and a 2.6x industry multiple (adjusted for size and gross margin).
goring developments ltd Estimated Valuation
Pomanda estimates the enterprise value of GORING DEVELOPMENTS LTD at £664 based on Net Assets of £470 and 1.41x industry multiple (adjusted for liquidity).
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Goring Developments Ltd Overview
Goring Developments Ltd is a dissolved company that was located in milton keynes, MK17 8LW with a Companies House number of 09183014. It operated in the development of building projects sector, SIC Code 41100. Founded in August 2014, it's largest shareholder was daniel martinez with a 40% stake. The last turnover for Goring Developments Ltd was estimated at £2.9k.
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Goring Developments Ltd Health Check
Pomanda's financial health check has awarded Goring Developments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.9k, make it smaller than the average company (£1.9m)
- Goring Developments Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -63%, show it is growing at a slower rate (3.4%)
- Goring Developments Ltd
3.4% - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (26.8%)
- Goring Developments Ltd
26.8% - Industry AVG
Profitability
an operating margin of 19.9% make it more profitable than the average company (10.4%)
- Goring Developments Ltd
10.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Goring Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)
- Goring Developments Ltd
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.9k, this is less efficient (£265.4k)
- Goring Developments Ltd
£265.4k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (27 days)
- Goring Developments Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (30 days)
- Goring Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Goring Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Goring Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.4%, this is a lower level of debt than the average (72.6%)
43.4% - Goring Developments Ltd
72.6% - Industry AVG
GORING DEVELOPMENTS LTD financials
Goring Developments Ltd's latest turnover from February 2020 is estimated at £2.9 thousand and the company has net assets of £470. According to their latest financial statements, we estimate that Goring Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2020 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2020 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | |||||
| Trade Debtors | 830 | 1,630 | 14,488 | 527,405 | 358,482 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 830 | 1,630 | 14,488 | 527,405 | 358,482 |
| total assets | 830 | 1,630 | 14,488 | 527,405 | 358,482 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 360 | 360 | 11,448 | 575,001 | 378,059 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 360 | 360 | 11,448 | 575,001 | 378,059 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 360 | 360 | 11,448 | 575,001 | 378,059 |
| net assets | 470 | 1,270 | 3,040 | -47,596 | -19,577 |
| total shareholders funds | 470 | 1,270 | 3,040 | -47,596 | -19,577 |
| Feb 2020 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 830 | -12,858 | -512,917 | 168,923 | 358,482 |
| Creditors | 360 | -11,088 | -563,553 | 196,942 | 378,059 |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
goring developments ltd Credit Report and Business Information
Goring Developments Ltd Competitor Analysis
Perform a competitor analysis for goring developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in MK17 area or any other competitors across 12 key performance metrics.
goring developments ltd Ownership
GORING DEVELOPMENTS LTD group structure
Goring Developments Ltd has no subsidiary companies.
Ultimate parent company
GORING DEVELOPMENTS LTD
09183014
goring developments ltd directors
Goring Developments Ltd currently has 1 director, Mr Daniel Martinez serving since Aug 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Martinez | United Kingdom | 41 years | Aug 2014 | - | Director |
P&L
February 2020turnover
2.9k
0%
operating profit
580.3
0%
gross margin
10.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2020net assets
470
0%
total assets
830
0%
cash
0
0%
net assets
Total assets minus all liabilities
goring developments ltd company details
company number
09183014
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2020
previous names
N/A
accountant
-
auditor
-
address
72 walton road, wavendon, milton keynes, MK17 8LW
Bank
-
Legal Advisor
-
goring developments 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 goring developments ltd.
goring developments 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 GORING DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
goring developments ltd Companies House Filings - See Documents
| date | description | view/download |
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