goldenstone development limited
goldenstone development limited Company Information
Company Number
09247307
Next Accounts
1435 days late
Shareholders
irosa ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o begbies traynor group, 31st, 40 bank street, london, E14 5NR
Website
goldenstone.co.ukgoldenstone development limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDENSTONE DEVELOPMENT LIMITED at £18.5m based on a Turnover of £23.9m and 0.77x industry multiple (adjusted for size and gross margin).
goldenstone development limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDENSTONE DEVELOPMENT LIMITED at £0 based on an EBITDA of £-382.1k and a 6.1x industry multiple (adjusted for size and gross margin).
goldenstone development limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDENSTONE DEVELOPMENT LIMITED at £0 based on Net Assets of £-367.2k and 1.41x industry multiple (adjusted for liquidity).
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Goldenstone Development Limited Overview
Goldenstone Development Limited is a live company located in london, E14 5NR with a Companies House number of 09247307. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2014, it's largest shareholder is irosa ltd with a 100% stake. Goldenstone Development Limited is a established, large sized company, Pomanda has estimated its turnover at £23.9m with rapid growth in recent years.
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Goldenstone Development Limited Health Check
Pomanda's financial health check has awarded Goldenstone Development Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £23.9m, make it larger than the average company (£1.6m)
- Goldenstone Development Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 176%, show it is growing at a faster rate (4%)
- Goldenstone Development Limited
4% - Industry AVG
Production
with a gross margin of 27.5%, this company has a comparable cost of product (27.5%)
- Goldenstone Development Limited
27.5% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (11.1%)
- Goldenstone Development Limited
11.1% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - Goldenstone Development Limited
6 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
- Goldenstone Development Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £4m, this is more efficient (£262.9k)
- Goldenstone Development Limited
£262.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Goldenstone Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (31 days)
- Goldenstone Development Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Goldenstone Development Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Goldenstone Development Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.5%, this is a higher level of debt than the average (72.6%)
103.5% - Goldenstone Development Limited
72.6% - Industry AVG
GOLDENSTONE DEVELOPMENT LIMITED financials
Goldenstone Development Limited's latest turnover from July 2019 is estimated at £23.9 million and the company has net assets of -£367.2 thousand. According to their latest financial statements, Goldenstone Development Limited has 6 employees and maintains cash reserves of £35.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Oct 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 | 6 | 3 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Oct 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 44,012 | 57,091 | 3,441 | ||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | 82,486 | 82,486 | |||
| Total Fixed Assets | 126,498 | 139,577 | 3,441 | ||
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | 211,422 | 470,317 | |||
| Misc Debtors | 10,250,601 | 7,606,637 | 2,895,264 | 409,285 | |
| Cash | 35,376 | 1,591 | 3,653 | 1 | 1 |
| misc current assets | |||||
| total current assets | 10,497,399 | 8,078,545 | 2,898,917 | 409,286 | 1 |
| total assets | 10,623,897 | 8,218,122 | 2,902,358 | 409,286 | 1 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 4,748,168 | 3,807,693 | 799,022 | 244,179 | |
| Group/Directors Accounts | 3,847,381 | 2,048,298 | 1,239,108 | 143,554 | |
| other short term finances | 2,262,658 | 2,002,658 | 744,999 | ||
| hp & lease commitments | |||||
| other current liabilities | 132,936 | 185,338 | 24,149 | 6,710 | |
| total current liabilities | 10,991,143 | 8,043,987 | 2,807,278 | 394,443 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 585 | 585 | |||
| total long term liabilities | 585 | 585 | |||
| total liabilities | 10,991,143 | 8,044,572 | 2,807,863 | 394,443 | |
| net assets | -367,246 | 173,550 | 94,495 | 14,843 | 1 |
| total shareholders funds | -367,246 | 173,550 | 94,495 | 14,843 | 1 |
| Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Oct 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 14,879 | 8,592 | 1,720 | ||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 2,385,069 | 5,264,176 | 2,485,979 | 409,285 | |
| Creditors | 940,475 | 3,008,671 | 554,843 | 244,179 | |
| Accruals and Deferred Income | -52,402 | 161,189 | 17,439 | 6,710 | |
| Deferred Taxes & Provisions | -585 | 585 | |||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 1,799,083 | 809,190 | 1,095,554 | 143,554 | |
| Other Short Term Loans | 260,000 | 1,257,659 | 744,999 | ||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 33,785 | -2,062 | 3,652 | 1 | |
| overdraft | |||||
| change in cash | 33,785 | -2,062 | 3,652 | 1 |
goldenstone development limited Credit Report and Business Information
Goldenstone Development Limited Competitor Analysis
Perform a competitor analysis for goldenstone development limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
goldenstone development limited Ownership
GOLDENSTONE DEVELOPMENT LIMITED group structure
Goldenstone Development Limited has no subsidiary companies.
Ultimate parent company
IROSA LTD
#0107351
1 parent
GOLDENSTONE DEVELOPMENT LIMITED
09247307
goldenstone development limited directors
Goldenstone Development Limited currently has 2 directors. The longest serving directors include Mr Vladimir Lapii (Jun 2021) and Mr Vladimir Lapii (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vladimir Lapii | England | 64 years | Jun 2021 | - | Director |
| Mr Vladimir Lapii | England | 64 years | Jun 2021 | - | Director |
P&L
July 2019turnover
23.9m
+32%
operating profit
-397k
0%
gross margin
27.5%
-3.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2019net assets
-367.2k
-3.12%
total assets
10.6m
+0.29%
cash
35.4k
+21.24%
net assets
Total assets minus all liabilities
goldenstone development limited company details
company number
09247307
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2019
previous names
property development & construction limited (October 2014)
accountant
-
auditor
-
address
c/o begbies traynor group, 31st, 40 bank street, london, E14 5NR
Bank
-
Legal Advisor
-
goldenstone development 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 goldenstone development limited.
goldenstone development 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.
Click to start generating capital raising & share issue transactions for GOLDENSTONE DEVELOPMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
goldenstone development limited Companies House Filings - See Documents
| date | description | view/download |
|---|
