gspk properties ltd
gspk properties ltd Company Information
Company Number
09428977
Website
-Registered Address
142-143 parrock street, gravesend, kent, DA12 1EY
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
gurprit virk 50%
paramjeet virk 50%
gspk properties ltd Estimated Valuation
Pomanda estimates the enterprise value of GSPK PROPERTIES LTD at £549.2k based on a Turnover of £173.4k and 3.17x industry multiple (adjusted for size and gross margin).
gspk properties ltd Estimated Valuation
Pomanda estimates the enterprise value of GSPK PROPERTIES LTD at £370.8k based on an EBITDA of £51.2k and a 7.24x industry multiple (adjusted for size and gross margin).
gspk properties ltd Estimated Valuation
Pomanda estimates the enterprise value of GSPK PROPERTIES LTD at £1.1m based on Net Assets of £681.3k and 1.62x industry multiple (adjusted for liquidity).
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Gspk Properties Ltd Overview
Gspk Properties Ltd is a live company located in kent, DA12 1EY with a Companies House number of 09428977. 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 gurprit virk with a 50% stake. Gspk Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £173.4k with declining growth in recent years.
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Gspk Properties Ltd Health Check
Pomanda's financial health check has awarded Gspk Properties Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £173.4k, make it smaller than the average company (£843k)
- Gspk Properties Ltd
£843k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.2%)
- Gspk Properties Ltd
4.2% - Industry AVG
Production
with a gross margin of 77.6%, this company has a comparable cost of product (77.6%)
- Gspk Properties Ltd
77.6% - Industry AVG
Profitability
an operating margin of 29.6% make it as profitable than the average company (35%)
- Gspk Properties Ltd
35% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Gspk Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Gspk Properties Ltd
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £173.4k, this is equally as efficient (£173.4k)
- Gspk Properties Ltd
£173.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gspk Properties Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gspk Properties Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gspk Properties Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Gspk Properties Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.3%, this is a lower level of debt than the average (62.6%)
49.3% - Gspk Properties Ltd
62.6% - Industry AVG
GSPK PROPERTIES LTD financials
Gspk Properties Ltd's latest turnover from February 2024 is estimated at £173.4 thousand and the company has net assets of £681.3 thousand. According to their latest financial statements, Gspk Properties Ltd has 1 employee and maintains cash reserves of £19.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 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 | 1 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,325,000 | 1,325,000 | 1,632,444 | 1,272,442 | 1,272,442 | 1,272,442 | 1,272,442 | 1,272,442 | 1,132,442 |
| 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 | 1,325,000 | 1,325,000 | 1,632,444 | 1,272,442 | 1,272,442 | 1,272,442 | 1,272,442 | 1,272,442 | 1,132,442 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 19,328 | 21,535 | 7,413 | 12,342 | 369 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 311 | 0 | 0 | 0 | 0 |
| Cash | 19,289 | 405,809 | 251,137 | 66,415 | 0 | 0 | 0 | 0 | 2,570 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 323 | 0 | 0 | 0 |
| total current assets | 19,289 | 405,809 | 251,137 | 66,415 | 19,639 | 21,858 | 7,413 | 12,342 | 2,939 |
| total assets | 1,344,289 | 1,730,809 | 1,883,581 | 1,338,857 | 1,292,081 | 1,294,300 | 1,279,855 | 1,284,784 | 1,135,381 |
| Bank overdraft | 6,492 | 13,123 | 18,795 | 20,026 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 695,603 | 660,295 | 654,021 | 628,285 | 467,951 |
| Group/Directors Accounts | 0 | 0 | 754,825 | 729,435 | 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 | 481,828 | 712,524 | 11,902 | 4,494 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 488,320 | 725,647 | 785,522 | 753,955 | 695,603 | 660,295 | 654,021 | 628,285 | 467,951 |
| loans | 174,685 | 347,912 | 521,655 | 554,702 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,680 | 3,204 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 576,596 | 594,416 | 612,926 | 630,697 | 647,772 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 174,685 | 347,912 | 521,655 | 554,702 | 578,276 | 597,620 | 612,926 | 630,697 | 647,772 |
| total liabilities | 663,005 | 1,073,559 | 1,307,177 | 1,308,657 | 1,273,879 | 1,257,915 | 1,266,947 | 1,258,982 | 1,115,723 |
| net assets | 681,284 | 657,250 | 576,404 | 30,200 | 18,202 | 36,385 | 12,908 | 25,802 | 19,658 |
| total shareholders funds | 681,284 | 657,250 | 576,404 | 30,200 | 18,202 | 36,385 | 12,908 | 25,802 | 19,658 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -19,639 | -1,896 | 14,122 | -4,929 | 11,973 | 369 |
| Creditors | 0 | 0 | 0 | -695,603 | 35,308 | 6,274 | 25,736 | 160,334 | 467,951 |
| Accruals and Deferred Income | -230,696 | 700,622 | 7,408 | 2,814 | -1,524 | 3,204 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -754,825 | 25,390 | 729,435 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -173,227 | -173,743 | -33,047 | 554,702 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -576,596 | -17,820 | -18,510 | -17,771 | -17,075 | 647,772 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -386,520 | 154,672 | 184,722 | 66,415 | 0 | 0 | 0 | -2,570 | 2,570 |
| overdraft | -6,631 | -5,672 | -1,231 | 20,026 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -379,889 | 160,344 | 185,953 | 46,389 | 0 | 0 | 0 | -2,570 | 2,570 |
gspk properties ltd Credit Report and Business Information
Gspk Properties Ltd Competitor Analysis
Perform a competitor analysis for gspk properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DA12 area or any other competitors across 12 key performance metrics.
gspk properties ltd Ownership
GSPK PROPERTIES LTD group structure
Gspk Properties Ltd has no subsidiary companies.
Ultimate parent company
GSPK PROPERTIES LTD
09428977
gspk properties ltd directors
Gspk Properties Ltd currently has 2 directors. The longest serving directors include Mr Gurprit Virk (Feb 2015) and Mrs Paramjeet Virk (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurprit Virk | United Kingdom | 57 years | Feb 2015 | - | Director |
| Mrs Paramjeet Virk | United Kingdom | 55 years | Feb 2015 | - | Director |
P&L
February 2024turnover
173.4k
0%
operating profit
51.2k
0%
gross margin
77.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
681.3k
+0.04%
total assets
1.3m
-0.22%
cash
19.3k
-0.95%
net assets
Total assets minus all liabilities
gspk properties ltd company details
company number
09428977
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.
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
142-143 parrock street, gravesend, kent, DA12 1EY
Bank
-
Legal Advisor
-
gspk properties 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 found 8 charges/mortgages relating to gspk properties ltd. Currently there are 7 open charges and 1 have been satisfied in the past.
gspk properties ltd Companies House Filings - See Documents
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