ground rental limited
ground rental limited Company Information
Company Number
09889979
Website
http://firstgroup.comRegistered Address
group house 12a mead way, burnley, BB12 7NG
Industry
Management of real estate on a fee or contract basis
Telephone
03300947577
Next Accounts Due
78 days late
Group Structure
View All
Shareholders
jennifer whittaker 100%
ground rental limited Estimated Valuation
Pomanda estimates the enterprise value of GROUND RENTAL LIMITED at £14.7m based on a Turnover of £10.9m and 1.35x industry multiple (adjusted for size and gross margin).
ground rental limited Estimated Valuation
Pomanda estimates the enterprise value of GROUND RENTAL LIMITED at £959.6k based on an EBITDA of £193.1k and a 4.97x industry multiple (adjusted for size and gross margin).
ground rental limited Estimated Valuation
Pomanda estimates the enterprise value of GROUND RENTAL LIMITED at £0 based on Net Assets of £-371.4k and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ground Rental Limited Overview
Ground Rental Limited is a live company located in burnley, BB12 7NG with a Companies House number of 09889979. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 2015, it's largest shareholder is jennifer whittaker with a 100% stake. Ground Rental Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ground Rental Limited Health Check
Pomanda's financial health check has awarded Ground Rental Limited a 3.5 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
5 Strong
1 Regular
4 Weak
Size
annual sales of £10.9m, make it larger than the average company (£878k)
- Ground Rental Limited
£878k - Industry AVG
Growth
3 year (CAGR) sales growth of 72%, show it is growing at a faster rate (2.1%)
- Ground Rental Limited
2.1% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (56.7%)
- Ground Rental Limited
56.7% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (10.7%)
- Ground Rental Limited
10.7% - Industry AVG
Employees
with 53 employees, this is above the industry average (9)
- Ground Rental Limited
9 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Ground Rental Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £206.6k, this is more efficient (£88.1k)
- Ground Rental Limited
£88.1k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (34 days)
- Ground Rental Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 154 days, this is slower than average (32 days)
- Ground Rental Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ground Rental Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ground Rental Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.3%, this is a higher level of debt than the average (82.7%)
110.3% - Ground Rental Limited
82.7% - Industry AVG
GROUND RENTAL LIMITED financials
Ground Rental Limited's latest turnover from June 2022 is estimated at £10.9 million and the company has net assets of -£371.4 thousand. According to their latest financial statements, we estimate that Ground Rental Limited has 53 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,980 | 2,980 | 2,980 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,981 | 2,981 | 2,981 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,601,575 | 2,830,704 | 2,594,159 | 896,935 | 992,961 | 245,644 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 29,234 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 486 | 1 |
| Cash | 0 | 0 | 0 | 33,591 | 192,648 | 17,348 | 121,708 |
| misc current assets | 0 | 0 | 0 | 0 | 22,700 | 0 | 0 |
| total current assets | 3,601,575 | 2,830,704 | 2,594,159 | 1,908,159 | 1,208,309 | 292,712 | 121,709 |
| total assets | 3,604,556 | 2,833,685 | 2,597,140 | 1,908,159 | 1,208,309 | 292,712 | 121,709 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,975,968 | 3,361,507 | 2,554,584 | 3,194 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 1,075,580 | 290,014 | 0 |
| other short term finances | 0 | 0 | 0 | 1,091,082 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 164,117 | 30,175 | 121,708 |
| total current liabilities | 3,975,968 | 3,361,507 | 2,554,584 | 1,888,952 | 1,239,697 | 320,189 | 121,708 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,975,968 | 3,361,507 | 2,554,584 | 1,888,952 | 1,239,697 | 320,189 | 121,708 |
| net assets | -371,412 | -527,822 | 42,556 | 19,207 | -31,388 | -27,477 | 1 |
| total shareholders funds | -371,412 | -527,822 | 42,556 | 19,207 | -31,388 | -27,477 | 1 |
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 770,871 | 236,545 | 1,697,224 | -96,026 | 717,597 | 275,363 | 1 |
| Creditors | 614,461 | 806,923 | 2,551,390 | 3,194 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -164,117 | 133,942 | -91,533 | 121,708 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 1 | 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 | -1,075,580 | 785,566 | 290,014 | 0 |
| Other Short Term Loans | 0 | 0 | -1,091,082 | 1,091,082 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | -33,591 | -159,057 | 175,300 | -104,360 | 121,708 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -33,591 | -159,057 | 175,300 | -104,360 | 121,708 |
ground rental limited Credit Report and Business Information
Ground Rental Limited Competitor Analysis
Perform a competitor analysis for ground rental limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ground rental limited Ownership
GROUND RENTAL LIMITED group structure
Ground Rental Limited has no subsidiary companies.
ground rental limited directors
Ground Rental Limited currently has 2 directors. The longest serving directors include Mr John Turner (Nov 2015) and Mrs Sarah Fretwell (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Turner | England | 58 years | Nov 2015 | - | Director |
| Mrs Sarah Fretwell | England | 43 years | Mar 2020 | - | Director |
P&L
June 2022turnover
10.9m
+18%
operating profit
193.1k
0%
gross margin
14.2%
+41.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-371.4k
-0.3%
total assets
3.6m
+0.27%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ground rental limited company details
company number
09889979
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
November 2015
age
9
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
group house 12a mead way, burnley, BB12 7NG
last accounts submitted
June 2022
ground rental 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 ground rental limited.
ground rental limited Companies House Filings - See Documents
| date | description | view/download |
|---|
