Pomanda estimates the enterprise value of GROFAR LTD at £764.8k based on a Turnover of £965.9k and 0.79x industry multiple (adjusted for size and gross margin).
grofar ltdEstimated Valuation
£620.2k
Pomanda estimates the enterprise value of GROFAR LTD at £620.2k based on an EBITDA of £131.3k and a 4.72x industry multiple (adjusted for size and gross margin).
grofar ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GROFAR LTD at £0 based on Net Assets of £-1.1m and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Grofar LtdOverview
Grofar Ltd is a live company located in boars hill, OX1 5DL with a Companies House number of 09505988. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2015, it's largest shareholder is
david gove
with a 30% stake. Grofar Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£965.9k with
high
growth in recent years.
Pomanda's financial health check has awarded Grofar Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £965.9k, make it smaller than the average company (£4.6m)
£965.9k - Grofar Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (10.3%)
26% - Grofar Ltd
10.3% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
71.7% - Grofar Ltd
71.7% - Industry AVG
Profitability
an operating margin of 13.1% make it more profitable than the average company (3.4%)
13.1% - Grofar Ltd
3.4% - Industry AVG
Employees
with 14 employees, this is below the industry average (42)
14 - Grofar Ltd
42 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)
£71.8k - Grofar Ltd
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £69k, this is less efficient (£122.9k)
£69k - Grofar Ltd
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (58 days)
31 days - Grofar Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (41 days)
67 days - Grofar Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grofar Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 24 weeks, this is more cash available to meet short term requirements (17 weeks)
24 weeks - Grofar Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 335.2%, this is a higher level of debt than the average (63.2%)
335.2% - Grofar Ltd
63.2% - Industry AVG
GROFAR LTD financials
EXPORT
Grofar Ltd's latest turnover from December 2023 is estimated at £965.9 thousand and the company has net assets of -£1.1 million. According to their latest financial statements, Grofar Ltd has 14 employees and maintains cash reserves of £336 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Mar 2017
Mar 2016
Turnover
965,936
1,257,338
913,353
477,194
405,212
462,866
337,437
245,840
796
Other Income Or Grants
Cost Of Sales
273,352
361,815
247,400
131,718
109,377
126,756
90,830
65,240
202
Gross Profit
692,584
895,523
665,953
345,476
295,835
336,111
246,606
180,600
593
Admin Expenses
565,679
800,736
757,737
412,966
557,791
716,223
481,848
466,840
227,504
Operating Profit
126,905
94,787
-91,784
-67,490
-261,956
-380,112
-235,242
-286,240
-226,911
Interest Payable
104,598
45,883
Interest Receivable
20,305
13,110
547
119
433
115
117
54
42
Pre-Tax Profit
42,612
62,015
-91,237
-67,371
-261,523
-379,997
-235,125
-286,186
-226,869
Tax
-10,653
-11,783
Profit After Tax
31,959
50,232
-91,237
-67,371
-261,523
-379,997
-235,125
-286,186
-226,869
Dividends Paid
Retained Profit
31,959
50,232
-91,237
-67,371
-261,523
-379,997
-235,125
-286,186
-226,869
Employee Costs
1,005,309
953,221
633,099
541,947
372,333
307,967
354,141
341,776
53,986
Number Of Employees
14
14
10
9
6
5
6
6
1
EBITDA*
131,334
97,540
-89,706
-65,643
-260,747
-379,636
-233,840
-284,838
-225,985
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Mar 2017
Mar 2016
Tangible Assets
6,514
3,998
1,101
2,485
2,417
475
1,877
1,853
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,514
3,998
1,101
2,485
2,417
475
1,877
1,853
Stock & work in progress
Trade Debtors
84,339
196,695
150,435
33,868
49,927
84,099
29,084
1,074
Group Debtors
Misc Debtors
54,046
29,051
9,516
16,842
Cash
336,011
437,501
311,650
125,830
111,197
4,259
20,239
26,519
16,639
misc current assets
total current assets
474,396
663,247
462,085
159,698
161,124
88,358
49,323
37,109
33,481
total assets
480,910
667,245
463,186
162,183
163,541
88,358
49,798
38,986
35,334
Bank overdraft
Bank loan
Trade Creditors
50,894
33,743
34,846
15,824
11,618
9,964
4,172
437
454
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
667,438
830,501
682,762
316,681
301,660
91,446
3,806
1,604
161,378
total current liabilities
718,332
864,244
717,608
332,505
313,278
101,410
7,978
2,041
161,832
loans
893,570
965,952
hp & lease commitments
Accruals and Deferred Income
other liabilities
958,761
951,624
904,838
780,000
690,000
450,000
provisions
371
total long term liabilities
893,570
965,952
958,761
951,624
904,838
780,000
690,000
450,000
371
total liabilities
1,611,902
1,830,196
1,676,369
1,284,129
1,218,116
881,410
697,978
452,041
162,203
net assets
-1,130,992
-1,162,951
-1,213,183
-1,121,946
-1,054,575
-793,052
-648,180
-413,055
-126,869
total shareholders funds
-1,130,992
-1,162,951
-1,213,183
-1,121,946
-1,054,575
-793,052
-648,180
-413,055
-126,869
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Mar 2017
Mar 2016
Operating Activities
Operating Profit
126,905
94,787
-91,784
-67,490
-261,956
-380,112
-235,242
-286,240
-226,911
Depreciation
4,429
2,753
2,078
1,847
1,209
476
1,402
1,402
926
Amortisation
Tax
-10,653
-11,783
Stock
Debtors
-87,361
75,311
116,567
-16,059
-34,172
73,509
18,494
-6,252
16,842
Creditors
17,151
-1,103
19,022
4,206
1,654
9,527
3,735
-17
454
Accruals and Deferred Income
-163,063
147,739
366,081
15,021
210,214
89,842
2,202
-159,774
161,378
Deferred Taxes & Provisions
-371
371
Cash flow from operations
62,130
157,082
178,830
-30,357
-14,707
-353,776
-246,397
-438,748
-80,624
Investing Activities
capital expenditure
-6,945
-5,650
-694
-1,915
-3,626
1,401
-1,426
-2,779
Change in Investments
cash flow from investments
-6,945
-5,650
-694
-1,915
-3,626
1,401
-1,426
-2,779
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-72,382
965,952
Hire Purchase and Lease Commitments
other long term liabilities
-958,761
7,137
46,786
124,838
330,000
240,000
450,000
share issue
100,000
interest
-84,293
-32,773
547
119
433
115
117
54
42
cash flow from financing
-156,675
-25,582
7,684
46,905
125,271
330,115
240,117
450,054
100,042
cash and cash equivalents
cash
-101,490
125,851
185,820
14,633
106,938
-22,260
-6,280
9,880
16,639
overdraft
change in cash
-101,490
125,851
185,820
14,633
106,938
-22,260
-6,280
9,880
16,639
grofar ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for grofar ltd. Get real-time insights into grofar ltd's credit score, group structure and payment trends.
Perform a competitor analysis for grofar ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in OX1 area or any other competitors across 12 key performance metrics.
grofar ltd Ownership
GROFAR LTD group structure
Grofar Ltd has no subsidiary companies.
Ultimate parent company
GROFAR LTD
09505988
GROFAR LTD Shareholders
The largest shareholders in Grofar Ltd include David Gove and Timothy Perkin.
david gove
30%
timothy perkin
20%
james robertson
20%
andrew gove
15%
david livingston
15%
grofar ltd directors
Grofar Ltd currently has 5 directors.
The longest serving directors include
Mr James Robertson (Mar 2015) and
Mr David Gove (Mar 2015).
62012 - Business and domestic software development
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
walden house foxcombe road, boars hill, oxfordshire, OX1 5DL
Bank
-
Legal Advisor
-
grofar 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 did not find charges/mortgages relating to grofar ltd.
grofar ltd 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 GROFAR LTD. This can take several minutes, an email will notify you when this has completed.
