gweek developments limited
gweek developments limited Company Information
Company Number
09745682
Website
-Registered Address
suite a 1st floor, midas house, 62 goldsworth road, woking, surrey, GU21 6LQ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gweek holdings limited 100%
gweek developments limited Estimated Valuation
Pomanda estimates the enterprise value of GWEEK DEVELOPMENTS LIMITED at £226.5k based on a Turnover of £404.6k and 0.56x industry multiple (adjusted for size and gross margin).
gweek developments limited Estimated Valuation
Pomanda estimates the enterprise value of GWEEK DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-1.8m and a 4.39x industry multiple (adjusted for size and gross margin).
gweek developments limited Estimated Valuation
Pomanda estimates the enterprise value of GWEEK DEVELOPMENTS LIMITED at £0 based on Net Assets of £-1.6m and 2.27x industry multiple (adjusted for liquidity).
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Gweek Developments Limited Overview
Gweek Developments Limited is a live company located in woking, GU21 6LQ with a Companies House number of 09745682. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2015, it's largest shareholder is gweek holdings limited with a 100% stake. Gweek Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £404.6k with declining growth in recent years.
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Gweek Developments Limited Health Check
Pomanda's financial health check has awarded Gweek Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £404.6k, make it smaller than the average company (£3.8m)
- Gweek Developments Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (3%)
- Gweek Developments Limited
3% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
- Gweek Developments Limited
38.8% - Industry AVG
Profitability
an operating margin of -435.6% make it less profitable than the average company (6.3%)
- Gweek Developments Limited
6.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (25)
- Gweek Developments Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Gweek Developments Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £134.9k, this is equally as efficient (£157.6k)
- Gweek Developments Limited
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (44 days)
- Gweek Developments Limited
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gweek Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 531 days, this is more than average (32 days)
- Gweek Developments Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Gweek Developments Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 515.8%, this is a higher level of debt than the average (63.6%)
515.8% - Gweek Developments Limited
63.6% - Industry AVG
GWEEK DEVELOPMENTS LIMITED financials
Gweek Developments Limited's latest turnover from December 2022 is estimated at £404.6 thousand and the company has net assets of -£1.6 million. According to their latest financial statements, we estimate that Gweek Developments Limited has 3 employees and maintains cash reserves of £44 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 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 0 | |||||||
| Gross Profit | 0 | |||||||
| Admin Expenses | 0 | |||||||
| Operating Profit | 0 | |||||||
| Interest Payable | 0 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | 0 | |||||||
| Tax | 0 | |||||||
| Profit After Tax | 0 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | 0 | |||||||
| Employee Costs | 0 | |||||||
| Number Of Employees | ||||||||
| EBITDA* | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 360,000 | 2,062,769 | 2,033,333 | 1,868,333 | 1,243,333 | 643,333 | 260,000 | 260,000 |
| Trade Debtors | 967 | 3,790 | 10,667 | 3,623 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 31,557 | 31,326 | 29,262 | 105,366 | 58,671 | 76,360 | 1 | 1 |
| Cash | 44 | 32,526 | 62,537 | 50,926 | 23,489 | 2,386 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 392,568 | 2,130,411 | 2,135,799 | 2,028,248 | 1,325,493 | 722,079 | 260,001 | 260,001 |
| total assets | 392,568 | 2,130,411 | 2,135,799 | 2,028,248 | 1,325,493 | 722,079 | 260,001 | 260,001 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 6,611 | 6,250 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 2,000,939 | 1,910,939 | 0 | 0 | 0 | 260,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,024,939 | 2,000,939 | 0 | 0 | 1,068,811 | 726,667 | 268,513 | 0 |
| total current liabilities | 2,024,939 | 2,000,939 | 2,007,550 | 1,917,189 | 1,068,811 | 726,667 | 268,513 | 260,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,024,939 | 2,000,939 | 2,007,550 | 1,917,189 | 1,068,811 | 726,667 | 268,513 | 260,000 |
| net assets | -1,632,371 | 129,472 | 128,249 | 111,059 | 256,682 | -4,588 | -8,512 | 1 |
| total shareholders funds | -1,632,371 | 129,472 | 128,249 | 111,059 | 256,682 | -4,588 | -8,512 | 1 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 0 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | |||||||
| Stock | -1,702,769 | 29,436 | 165,000 | 625,000 | 600,000 | 383,333 | 0 | 260,000 |
| Debtors | -2,592 | -4,813 | -69,060 | 50,318 | -17,689 | 76,359 | 0 | 1 |
| Creditors | 0 | -6,611 | 361 | 6,250 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 24,000 | 2,000,939 | 0 | -1,068,811 | 342,144 | 458,154 | 268,513 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -260,001 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -2,000,939 | 90,000 | 1,910,939 | 0 | 0 | -260,000 | 260,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | |||||||
| cash flow from financing | 260,001 | |||||||
| cash and cash equivalents | ||||||||
| cash | -32,482 | -30,011 | 11,611 | 27,437 | 21,103 | 2,386 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -32,482 | -30,011 | 11,611 | 27,437 | 21,103 | 2,386 | 0 | 0 |
gweek developments limited Credit Report and Business Information
Gweek Developments Limited Competitor Analysis
Perform a competitor analysis for gweek developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gweek developments limited Ownership
GWEEK DEVELOPMENTS LIMITED group structure
Gweek Developments Limited has no subsidiary companies.
gweek developments limited directors
Gweek Developments Limited currently has 2 directors. The longest serving directors include Mr Harvey Bowden (Aug 2015) and Mrs Ann Bowden (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harvey Bowden | United Kingdom | 74 years | Aug 2015 | - | Director |
| Mrs Ann Bowden | United Kingdom | 71 years | Jan 2024 | - | Director |
P&L
December 2022turnover
404.6k
-82%
operating profit
-1.8m
0%
gross margin
38.9%
+3.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.6m
-13.61%
total assets
392.6k
-0.82%
cash
44
-1%
net assets
Total assets minus all liabilities
Similar Companies
gweek developments limited company details
company number
09745682
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
suite a 1st floor, midas house, 62 goldsworth road, woking, surrey, GU21 6LQ
last accounts submitted
December 2022
gweek developments 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 gweek developments limited.
gweek developments limited Companies House Filings - See Documents
| date | description | view/download |
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