goldgate properties limited
goldgate properties limited Company Information
Group Structure
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Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
69 ferndale road, london, N15 6UG
Website
www.goldgateproperties.co.ukgoldgate properties limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDGATE PROPERTIES LIMITED at £4.6m based on a Turnover of £2.2m and 2.08x industry multiple (adjusted for size and gross margin).
goldgate properties limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDGATE PROPERTIES LIMITED at £4m based on an EBITDA of £852.9k and a 4.66x industry multiple (adjusted for size and gross margin).
goldgate properties limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDGATE PROPERTIES LIMITED at £1.6m based on Net Assets of £893.4k and 1.78x industry multiple (adjusted for liquidity).
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Goldgate Properties Limited Overview
Goldgate Properties Limited is a live company located in london, N15 6UG with a Companies House number of 09420853. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2015, it's largest shareholder is meir goldberg with a 100% stake. Goldgate Properties Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
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Goldgate Properties Limited Health Check
Pomanda's financial health check has awarded Goldgate Properties Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £2.2m, make it larger than the average company (£652.1k)
- Goldgate Properties Limited
£652.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 286%, show it is growing at a faster rate (5.1%)
- Goldgate Properties Limited
5.1% - Industry AVG
Production
with a gross margin of 23.5%, this company has a higher cost of product (68.7%)
- Goldgate Properties Limited
68.7% - Industry AVG
Profitability
an operating margin of 38.7% make it more profitable than the average company (16.5%)
- Goldgate Properties Limited
16.5% - Industry AVG
Employees
with 7 employees, this is above the industry average (5)
- Goldgate Properties Limited
5 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Goldgate Properties Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £314.4k, this is more efficient (£143.1k)
- Goldgate Properties Limited
£143.1k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (40 days)
- Goldgate Properties Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (33 days)
- Goldgate Properties Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Goldgate Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (29 weeks)
1 weeks - Goldgate Properties Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.4%, this is a higher level of debt than the average (63.3%)
75.4% - Goldgate Properties Limited
63.3% - Industry AVG
GOLDGATE PROPERTIES LIMITED financials
Goldgate Properties Limited's latest turnover from January 2024 is estimated at £2.2 million and the company has net assets of £893.4 thousand. According to their latest financial statements, we estimate that Goldgate Properties Limited has 7 employees and maintains cash reserves of £11.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,730 | 4,360 | 5,107 | 2,958 | 3,855 | 4,458 | 3,097 | 1,756 | |
| Intangible Assets | |||||||||
| Investments & Other | 2,900,001 | 2,065,439 | 2,065,439 | 2,061,025 | 970,096 | 760,000 | 760,000 | 760,000 | 656,340 |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 2,904,731 | 2,069,799 | 2,070,546 | 2,063,983 | 970,096 | 763,855 | 764,458 | 763,097 | 658,096 |
| Stock & work in progress | |||||||||
| Trade Debtors | 717,061 | 682,145 | 59,654 | 12,428 | 155,600 | 2,527 | 10,805 | ||
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 11,261 | 8,160 | 5,830 | 29,269 | 10,952 | 6,723 | 50 | 3,571 | |
| misc current assets | |||||||||
| total current assets | 728,322 | 690,305 | 65,484 | 41,697 | 166,552 | 9,250 | 50 | 14,376 | |
| total assets | 3,633,053 | 2,760,104 | 2,136,030 | 2,105,680 | 1,136,648 | 773,105 | 764,508 | 777,473 | 658,096 |
| Bank overdraft | 487,073 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 438,802 | 407,752 | 25,408 | 21,552 | 585,886 | 182,748 | 176,120 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 184,154 | 140,328 | |||||||
| total current liabilities | 438,802 | 407,752 | 25,408 | 21,552 | 585,886 | 182,748 | 176,120 | 184,154 | 627,401 |
| loans | 469,276 | ||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 2,075,784 | 2,081,365 | 1,852,461 | 1,846,192 | 243,915 | 424,592 | 440,283 | ||
| provisions | 225,113 | 16,473 | 16,473 | 16,473 | 16,473 | 10,275 | 10,275 | ||
| total long term liabilities | 2,300,897 | 2,097,838 | 1,868,934 | 1,862,665 | 260,388 | 434,867 | 450,558 | 469,276 | |
| total liabilities | 2,739,699 | 2,505,590 | 1,894,342 | 1,884,217 | 846,274 | 617,615 | 626,678 | 653,430 | 627,401 |
| net assets | 893,354 | 254,514 | 241,688 | 221,463 | 290,374 | 155,490 | 137,830 | 124,043 | 30,695 |
| total shareholders funds | 893,354 | 254,514 | 241,688 | 221,463 | 290,374 | 155,490 | 137,830 | 124,043 | 30,695 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,577 | 1,453 | 1,702 | 986 | 1,285 | 1,486 | 1,032 | 586 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 34,916 | 622,491 | 47,226 | -143,172 | 153,073 | 2,527 | -10,805 | 10,805 | |
| Creditors | 31,050 | 382,344 | 3,856 | -564,334 | 403,138 | 6,628 | 176,120 | ||
| Accruals and Deferred Income | -184,154 | 43,826 | 140,328 | ||||||
| Deferred Taxes & Provisions | 208,640 | 6,198 | 10,275 | ||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 834,562 | 4,414 | 1,090,929 | 210,096 | 103,660 | 656,340 | |||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -469,276 | 469,276 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -5,581 | 228,904 | 6,269 | 1,602,277 | -180,677 | -15,691 | 440,283 | ||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 3,101 | 2,330 | -23,439 | 18,317 | 4,229 | 6,673 | -3,521 | 3,571 | |
| overdraft | -487,073 | 487,073 | |||||||
| change in cash | 3,101 | 2,330 | -23,439 | 18,317 | 4,229 | 6,673 | -3,521 | 490,644 | -487,073 |
goldgate properties limited Credit Report and Business Information
Goldgate Properties Limited Competitor Analysis
Perform a competitor analysis for goldgate properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N15 area or any other competitors across 12 key performance metrics.
goldgate properties limited Ownership
GOLDGATE PROPERTIES LIMITED group structure
Goldgate Properties Limited has no subsidiary companies.
Ultimate parent company
GOLDGATE PROPERTIES LIMITED
09420853
goldgate properties limited directors
Goldgate Properties Limited currently has 1 director, Mr Meir Goldberg serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Meir Goldberg | United Kingdom | 36 years | Feb 2015 | - | Director |
P&L
January 2024turnover
2.2m
+21%
operating profit
851.3k
0%
gross margin
23.6%
+2.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
893.4k
+2.51%
total assets
3.6m
+0.32%
cash
11.3k
+0.38%
net assets
Total assets minus all liabilities
goldgate properties limited company details
company number
09420853
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
69 ferndale road, london, N15 6UG
Bank
-
Legal Advisor
-
goldgate properties 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 17 charges/mortgages relating to goldgate properties limited. Currently there are 7 open charges and 10 have been satisfied in the past.
goldgate properties 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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goldgate properties limited Companies House Filings - See Documents
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