golazo cycling limited
golazo cycling limited Company Information
Company Number
09686725
Website
www.golazocycling.comRegistered Address
7 bell yard, london, WC2A 2JR
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Robert Verbeeck8 Years
Shareholders
golazo sport nv 50%
malcolm smith 25%
View Allgolazo cycling limited Estimated Valuation
Pomanda estimates the enterprise value of GOLAZO CYCLING LIMITED at £121.3k based on a Turnover of £212.9k and 0.57x industry multiple (adjusted for size and gross margin).
golazo cycling limited Estimated Valuation
Pomanda estimates the enterprise value of GOLAZO CYCLING LIMITED at £0 based on an EBITDA of £-54.3k and a 2.16x industry multiple (adjusted for size and gross margin).
golazo cycling limited Estimated Valuation
Pomanda estimates the enterprise value of GOLAZO CYCLING LIMITED at £0 based on Net Assets of £-374.4k and 2.07x industry multiple (adjusted for liquidity).
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Golazo Cycling Limited Overview
Golazo Cycling Limited is a live company located in london, WC2A 2JR with a Companies House number of 09686725. It operates in the other sports activities sector, SIC Code 93199. Founded in July 2015, it's largest shareholder is golazo sport nv with a 50% stake. Golazo Cycling Limited is a young, micro sized company, Pomanda has estimated its turnover at £212.9k with declining growth in recent years.
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Golazo Cycling Limited Health Check
Pomanda's financial health check has awarded Golazo Cycling Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £212.9k, make it smaller than the average company (£566.4k)
- Golazo Cycling Limited
£566.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (3.7%)
- Golazo Cycling Limited
3.7% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (42.1%)
- Golazo Cycling Limited
42.1% - Industry AVG
Profitability
an operating margin of -25.5% make it less profitable than the average company (3.6%)
- Golazo Cycling Limited
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
- Golazo Cycling Limited
14 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- Golazo Cycling Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £106.5k, this is more efficient (£66.9k)
- Golazo Cycling Limited
£66.9k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (15 days)
- Golazo Cycling Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (28 days)
- Golazo Cycling Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Golazo Cycling Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Golazo Cycling Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 433.6%, this is a higher level of debt than the average (39.8%)
433.6% - Golazo Cycling Limited
39.8% - Industry AVG
GOLAZO CYCLING LIMITED financials
Golazo Cycling Limited's latest turnover from December 2022 is estimated at £212.9 thousand and the company has net assets of -£374.4 thousand. According to their latest financial statements, we estimate that Golazo Cycling Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,334 | 9,288 | 14,850 | 28,551 | 33,672 | 45,026 | 288 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 15,996 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,334 | 9,288 | 14,850 | 28,551 | 33,672 | 45,026 | 16,284 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 23,500 |
| Trade Debtors | 44,519 | 22,650 | 74,467 | 107,509 | 188,303 | 138,833 | 60,911 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 62,355 | 48,334 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 109,382 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 106,874 | 70,984 | 74,467 | 107,509 | 188,303 | 138,833 | 193,793 |
| total assets | 112,208 | 80,272 | 89,317 | 136,060 | 221,975 | 183,859 | 210,077 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,197 | 3,827 | 338,876 | 313,092 | 423,267 | 417,358 | 444,885 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 10,197 | 3,827 | 338,876 | 313,092 | 423,267 | 417,358 | 444,885 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 176,368 | 196,523 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 299,999 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 476,367 | 396,523 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 486,564 | 400,350 | 338,876 | 313,092 | 423,267 | 417,358 | 444,885 |
| net assets | -374,356 | -320,078 | -249,559 | -177,032 | -201,292 | -233,499 | -234,808 |
| total shareholders funds | -374,356 | -320,078 | -249,559 | -177,032 | -201,292 | -233,499 | -234,808 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 81 | ||||||
| Amortisation | 1,777 | ||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -23,500 | 23,500 |
| Debtors | 35,890 | -3,483 | -33,042 | -80,794 | 49,470 | 77,922 | 60,911 |
| Creditors | 6,370 | -335,049 | 25,784 | -110,175 | 5,909 | -27,527 | 444,885 |
| Accruals and Deferred Income | -20,155 | 196,523 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 99,999 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -109,382 | 109,382 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -109,382 | 109,382 |
golazo cycling limited Credit Report and Business Information
Golazo Cycling Limited Competitor Analysis
Perform a competitor analysis for golazo cycling limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
golazo cycling limited Ownership
GOLAZO CYCLING LIMITED group structure
Golazo Cycling Limited has no subsidiary companies.
Ultimate parent company
GOLAZO CYCLING LIMITED
09686725
golazo cycling limited directors
Golazo Cycling Limited currently has 1 director, Mr Robert Verbeeck serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Verbeeck | Belgium | 63 years | Apr 2016 | - | Director |
P&L
December 2022turnover
212.9k
+152%
operating profit
-54.3k
0%
gross margin
21.9%
+7.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-374.4k
+0.17%
total assets
112.2k
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
golazo cycling limited company details
company number
09686725
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
July 2015
age
9
accounts
Micro-Entity Accounts
ultimate parent company
previous names
the very cool events company ltd (July 2016)
incorporated
UK
address
7 bell yard, london, WC2A 2JR
last accounts submitted
December 2022
golazo cycling 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 golazo cycling limited.
golazo cycling limited Companies House Filings - See Documents
| date | description | view/download |
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