downtown salford limited
downtown salford limited Company Information
Company Number
09240932
Next Accounts
Dec 2025
Industry
Buying and selling of own real estate
Shareholders
mcgoff ventures limited
chattanooga family investment company
Group Structure
View All
Contact
Registered Address
1 st georges court, altrincham business park, altrincham, WA14 5UA
Website
www.mcgoffgroup.comdowntown salford limited Estimated Valuation
Pomanda estimates the enterprise value of DOWNTOWN SALFORD LIMITED at £1.8m based on a Turnover of £594.9k and 2.96x industry multiple (adjusted for size and gross margin).
downtown salford limited Estimated Valuation
Pomanda estimates the enterprise value of DOWNTOWN SALFORD LIMITED at £0 based on an EBITDA of £-3k and a 6.1x industry multiple (adjusted for size and gross margin).
downtown salford limited Estimated Valuation
Pomanda estimates the enterprise value of DOWNTOWN SALFORD LIMITED at £8.2m based on Net Assets of £5.3m and 1.55x industry multiple (adjusted for liquidity).
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Downtown Salford Limited Overview
Downtown Salford Limited is a live company located in altrincham, WA14 5UA with a Companies House number of 09240932. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2014, it's largest shareholder is mcgoff ventures limited with a 70% stake. Downtown Salford Limited is a established, small sized company, Pomanda has estimated its turnover at £594.9k with declining growth in recent years.
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Downtown Salford Limited Health Check
Pomanda's financial health check has awarded Downtown Salford Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £594.9k, make it smaller than the average company (£823.3k)
- Downtown Salford Limited
£823.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -77%, show it is growing at a slower rate (3.2%)
- Downtown Salford Limited
3.2% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
- Downtown Salford Limited
67.3% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (27.9%)
- Downtown Salford Limited
27.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Downtown Salford Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Downtown Salford Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £119k, this is less efficient (£202.3k)
- Downtown Salford Limited
£202.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Downtown Salford Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Downtown Salford Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is less than average (454 days)
- Downtown Salford Limited
454 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 309 weeks, this is more cash available to meet short term requirements (8 weeks)
309 weeks - Downtown Salford Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (61.8%)
0.1% - Downtown Salford Limited
61.8% - Industry AVG
DOWNTOWN SALFORD LIMITED financials
Downtown Salford Limited's latest turnover from March 2024 is estimated at £594.9 thousand and the company has net assets of £5.3 million. According to their latest financial statements, Downtown Salford Limited has 5 employees and maintains cash reserves of £14.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 354,271 | 50,563,477 | 31,126,567 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||
| Cost Of Sales | 366,003 | 44,051,037 | 29,186,091 | ||||||
| Gross Profit | -11,732 | 6,512,440 | 1,940,476 | ||||||
| Admin Expenses | 9,279 | 34,631 | 73,510 | ||||||
| Operating Profit | -21,011 | 6,477,809 | 1,866,966 | ||||||
| Interest Payable | 13,068 | 1,677 | 0 | ||||||
| Interest Receivable | 447 | 61,985 | 6,451 | ||||||
| Pre-Tax Profit | -33,632 | 6,538,117 | 1,873,417 | ||||||
| Tax | 0 | -1,243,179 | -318,863 | ||||||
| Profit After Tax | -33,632 | 5,294,938 | 1,554,554 | ||||||
| Dividends Paid | 0 | 3,798,497 | 0 | ||||||
| Retained Profit | -33,632 | 1,496,441 | 1,554,554 | ||||||
| Employee Costs | 0 | 0 | 0 | ||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
| EBITDA* | -21,011 | 6,477,809 | 1,866,966 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 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 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 13,009 | 13,009 | 235,808 | 520,252 | 35,086,877 | 42,493,394 | 13,998,203 | 4,691,682 | 0 |
| Trade Debtors | 0 | 0 | 12,855 | 50,968 | 19,515 | 144,360 | 0 | 0 | 0 |
| Group Debtors | 4,093,821 | 4,088,821 | 2,684,362 | 4,471,994 | 46,928 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,149,858 | 1,255,269 | 2,499,573 | 1,464,153 | 7,759,439 | 7,917,219 | 4,466,120 | 2,350,130 | 1 |
| Cash | 14,897 | 1,477 | 178,088 | 792,173 | 675,372 | 316,254 | 2,523,863 | 2,727,062 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,271,585 | 5,358,576 | 5,610,686 | 7,299,540 | 43,588,131 | 50,871,227 | 20,988,186 | 9,768,874 | 1 |
| total assets | 5,271,585 | 5,358,576 | 5,610,686 | 7,299,540 | 43,588,131 | 50,871,227 | 20,988,186 | 9,768,874 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 22,685,897 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 226,414 | 691,957 | 3,388,061 | 2,958,419 | 1,281,258 | 660,896 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,500 | 86,954 | 88,494 | 1,278,173 | 13,681,204 | 24,064,219 | 17,152,087 | 7,075,796 | 0 |
| total current liabilities | 2,500 | 86,954 | 314,908 | 1,970,130 | 39,755,162 | 27,022,638 | 18,433,345 | 7,736,692 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 21,570,174 | 467,246 | 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 | 2,282,907 | 2,282,907 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 21,570,174 | 2,750,153 | 2,282,907 | 0 |
| total liabilities | 2,500 | 86,954 | 314,908 | 1,970,130 | 39,755,162 | 48,592,812 | 21,183,498 | 10,019,599 | 0 |
| net assets | 5,269,085 | 5,271,622 | 5,295,778 | 5,329,410 | 3,832,969 | 2,278,415 | -195,312 | -250,725 | 1 |
| total shareholders funds | 5,269,085 | 5,271,622 | 5,295,778 | 5,329,410 | 3,832,969 | 2,278,415 | -195,312 | -250,725 | 1 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -21,011 | 6,477,809 | 1,866,966 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -1,243,179 | -318,863 | ||||||
| Stock | 0 | -222,799 | -284,444 | -34,566,625 | -7,406,517 | 28,495,191 | 9,306,521 | 4,691,682 | 0 |
| Debtors | -100,411 | 147,300 | -790,325 | -1,838,767 | -235,697 | 3,595,459 | 2,115,990 | 2,350,130 | 1 |
| Creditors | 0 | -226,414 | -465,543 | -2,696,104 | 429,642 | 1,677,161 | 620,362 | 660,896 | 0 |
| Accruals and Deferred Income | -84,454 | -1,540 | -1,189,679 | -12,403,031 | -10,383,015 | 6,912,132 | 10,076,291 | 7,075,796 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -601,464 | 26,540,887 | -763,056 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | -22,685,897 | 22,685,897 | 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 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -21,570,174 | 21,102,928 | 467,246 | 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 | -2,282,907 | 0 | 2,282,907 | 0 |
| share issue | |||||||||
| interest | -12,621 | 60,308 | 6,451 | ||||||
| cash flow from financing | -12,621 | -22,625,589 | 1,122,174 | ||||||
| cash and cash equivalents | |||||||||
| cash | 13,420 | -176,611 | -614,085 | 116,801 | 359,118 | -2,207,609 | -203,199 | 2,727,062 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 13,420 | -176,611 | -614,085 | 116,801 | 359,118 | -2,207,609 | -203,199 | 2,727,062 | 0 |
downtown salford limited Credit Report and Business Information
Downtown Salford Limited Competitor Analysis
Perform a competitor analysis for downtown salford limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
downtown salford limited Ownership
DOWNTOWN SALFORD LIMITED group structure
Downtown Salford Limited has no subsidiary companies.
Ultimate parent company
2 parents
DOWNTOWN SALFORD LIMITED
09240932
downtown salford limited directors
Downtown Salford Limited currently has 4 directors. The longest serving directors include Mr Christopher McGoff (Sep 2014) and Mr David McGoff (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher McGoff | England | 51 years | Sep 2014 | - | Director |
| Mr David McGoff | United Kingdom | 54 years | Apr 2016 | - | Director |
| Mr James McGoff | United Kingdom | 58 years | Sep 2016 | - | Director |
| Mr Declan McGoff | United Kingdom | 57 years | Sep 2016 | - | Director |
P&L
March 2024turnover
594.9k
+1%
operating profit
-3k
0%
gross margin
67.3%
+1.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.3m
0%
total assets
5.3m
-0.02%
cash
14.9k
+9.09%
net assets
Total assets minus all liabilities
downtown salford limited company details
company number
09240932
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
FREESDMAN FRANKL & TAYLOR
auditor
-
address
1 st georges court, altrincham business park, altrincham, WA14 5UA
Bank
-
Legal Advisor
-
downtown salford 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 found 2 charges/mortgages relating to downtown salford limited. Currently there are 0 open charges and 2 have been satisfied in the past.
downtown salford limited 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.
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downtown salford limited Companies House Filings - See Documents
| date | description | view/download |
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