gravity sketch limited
gravity sketch limited Company Information
Company Number
09228527
Website
www.gravitysketch.comRegistered Address
unit 5.01, piano house, 9 brighton terrace, london, SW9 8DJ
Industry
Ready-made interactive leisure and entertainment software development
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
daniela maria paredes fuentes 17.2%
oluwaseyi ayomini sosanya 17.2%
View Allgravity sketch limited Estimated Valuation
Pomanda estimates the enterprise value of GRAVITY SKETCH LIMITED at £1.5m based on a Turnover of £2m and 0.75x industry multiple (adjusted for size and gross margin).
gravity sketch limited Estimated Valuation
Pomanda estimates the enterprise value of GRAVITY SKETCH LIMITED at £0 based on an EBITDA of £-6.6m and a 5.5x industry multiple (adjusted for size and gross margin).
gravity sketch limited Estimated Valuation
Pomanda estimates the enterprise value of GRAVITY SKETCH LIMITED at £36.3m based on Net Assets of £18.7m and 1.94x industry multiple (adjusted for liquidity).
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Gravity Sketch Limited Overview
Gravity Sketch Limited is a live company located in london, SW9 8DJ with a Companies House number of 09228527. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in September 2014, it's largest shareholder is daniela maria paredes fuentes with a 17.2% stake. Gravity Sketch Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
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Gravity Sketch Limited Health Check
Pomanda's financial health check has awarded Gravity Sketch Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £2m, make it smaller than the average company (£6.9m)
£2m - Gravity Sketch Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (17.8%)
- Gravity Sketch Limited
17.8% - Industry AVG
Production
with a gross margin of 96.4%, this company has a lower cost of product (51.6%)
96.4% - Gravity Sketch Limited
51.6% - Industry AVG
Profitability
an operating margin of -338.9% make it less profitable than the average company (6.6%)
-338.9% - Gravity Sketch Limited
6.6% - Industry AVG
Employees
with 72 employees, this is above the industry average (40)
72 - Gravity Sketch Limited
40 - Industry AVG
Pay Structure
on an average salary of £61.3k, the company has an equivalent pay structure (£61.3k)
- Gravity Sketch Limited
£61.3k - Industry AVG
Efficiency
resulting in sales per employee of £27.1k, this is less efficient (£155.6k)
£27.1k - Gravity Sketch Limited
£155.6k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (42 days)
32 days - Gravity Sketch Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 152 days, this is slower than average (22 days)
152 days - Gravity Sketch Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gravity Sketch Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 630 weeks, this is more cash available to meet short term requirements (16 weeks)
630 weeks - Gravity Sketch Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8%, this is a lower level of debt than the average (50.5%)
8% - Gravity Sketch Limited
50.5% - Industry AVG
GRAVITY SKETCH LIMITED financials
Gravity Sketch Limited's latest turnover from December 2022 is £2 million and the company has net assets of £18.7 million. According to their latest financial statements, Gravity Sketch Limited has 72 employees and maintains cash reserves of £19.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,954,044 | 716,864 | ||||||
| Other Income Or Grants | 0 | 0 | ||||||
| Cost Of Sales | 70,068 | 0 | ||||||
| Gross Profit | 1,883,976 | 716,864 | ||||||
| Admin Expenses | 8,506,551 | 1,659,939 | ||||||
| Operating Profit | -6,622,575 | -943,075 | ||||||
| Interest Payable | 0 | 5,373 | ||||||
| Interest Receivable | 164,502 | 0 | ||||||
| Pre-Tax Profit | -6,458,072 | -948,447 | ||||||
| Tax | 246,104 | 198,581 | ||||||
| Profit After Tax | -6,211,968 | -749,867 | ||||||
| Dividends Paid | 0 | 0 | ||||||
| Retained Profit | -6,211,968 | -749,867 | ||||||
| Employee Costs | ||||||||
| Number Of Employees | 72 | 29 | 20 | 6 | 2 | 4 | ||
| EBITDA* | -6,618,972 | -941,117 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,540 | 5,143 | 1,785 | 18,540 | 12,941 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 22,037 | 22,037 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,541 | 5,143 | 23,822 | 40,577 | 12,941 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 174,548 | 304,151 | 169,350 | 117,877 | 6,647 | 0 | 0 | 1,115 |
| Group Debtors | 0 | 0 | 79,951 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 350,085 | 110,253 | 150,543 | 216,546 | 4,346 | 5,945 | 10,788 | 0 |
| Cash | 19,850,788 | 3,650,952 | 3,999,919 | 382,556 | 1,065,151 | 21,185 | 4,267 | 16,318 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,375,422 | 4,065,356 | 4,399,763 | 716,979 | 1,076,144 | 27,130 | 15,055 | 17,433 |
| total assets | 20,376,963 | 4,070,499 | 4,423,585 | 757,556 | 1,089,085 | 27,130 | 15,055 | 17,433 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29,231 | 14 | 13 | 4,802 | 0 | 2,904 | 0 | 2,700 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,971 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,608,212 | 1,317,820 | 1,252,514 | 83,771 | 10,605 | 27,780 | 17,119 | 0 |
| total current liabilities | 1,637,443 | 1,317,834 | 1,252,527 | 88,573 | 10,605 | 30,684 | 17,119 | 16,671 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,730 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,730 |
| total liabilities | 1,637,443 | 1,317,834 | 1,252,527 | 88,573 | 10,605 | 30,684 | 17,119 | 25,401 |
| net assets | 18,739,520 | 2,752,665 | 3,171,058 | 668,983 | 1,078,480 | -3,554 | -2,064 | -7,968 |
| total shareholders funds | 18,739,520 | 2,752,665 | 3,171,058 | 668,983 | 1,078,480 | -3,554 | -2,064 | -7,968 |
| Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -6,622,575 | -943,075 | ||||||
| Depreciation | 3,603 | 1,958 | 21,052 | 18,357 | 1,818 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 246,104 | 198,581 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 110,229 | 14,560 | 65,421 | 323,430 | 5,048 | -4,843 | 9,673 | 1,115 |
| Creditors | 29,217 | 1 | -4,789 | 4,802 | -2,904 | 2,904 | -2,700 | 2,700 |
| Accruals and Deferred Income | 290,392 | 65,306 | 1,168,743 | 73,166 | -17,175 | 10,661 | 8,389 | 8,730 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,163,488 | -691,789 | ||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | -22,037 | 0 | 22,037 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -13,971 | 13,971 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 164,502 | -5,373 | ||||||
| cash flow from financing | 22,363,325 | 326,101 | ||||||
| cash and cash equivalents | ||||||||
| cash | 16,199,837 | -348,967 | 3,617,363 | -682,595 | 1,043,966 | 16,918 | -12,051 | 16,318 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 16,199,837 | -348,967 | 3,617,363 | -682,595 | 1,043,966 | 16,918 | -12,051 | 16,318 |
gravity sketch limited Credit Report and Business Information
Gravity Sketch Limited Competitor Analysis
Perform a competitor analysis for gravity sketch limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gravity sketch limited Ownership
GRAVITY SKETCH LIMITED group structure
Gravity Sketch Limited has no subsidiary companies.
Ultimate parent company
GRAVITY SKETCH LIMITED
09228527
gravity sketch limited directors
Gravity Sketch Limited currently has 5 directors. The longest serving directors include Mrs Daniela Paredes Fuentes (Sep 2014) and Mr Oluwaseyi Sosanya (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Daniela Paredes Fuentes | England | 38 years | Sep 2014 | - | Director |
| Mr Oluwaseyi Sosanya | England | 40 years | Sep 2014 | - | Director |
| Mr Russell Buckley | United Kingdom | 63 years | Apr 2020 | - | Director |
| Mr Hendrik Nelis | United Kingdom | 60 years | Feb 2022 | - | Director |
| Mr Thomas Hulme | United Kingdom | 48 years | Feb 2022 | - | Director |
P&L
December 2022turnover
2m
+173%
operating profit
-6.6m
+602%
gross margin
96.5%
-3.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
18.7m
+5.81%
total assets
20.4m
+4.01%
cash
19.9m
+4.44%
net assets
Total assets minus all liabilities
Similar Companies
gravity sketch limited company details
company number
09228527
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
September 2014
age
10
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 5.01, piano house, 9 brighton terrace, london, SW9 8DJ
last accounts submitted
December 2022
gravity sketch 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 gravity sketch limited.
gravity sketch limited Companies House Filings - See Documents
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