Pomanda estimates the enterprise value of GURMIT PROPERTIES LIMITED at £1.5m based on a Turnover of £995.5k and 1.52x industry multiple (adjusted for size and gross margin).
gurmit properties limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GURMIT PROPERTIES LIMITED at £0 based on an EBITDA of £-37.9k and a 3.68x industry multiple (adjusted for size and gross margin).
gurmit properties limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GURMIT PROPERTIES LIMITED at £0 based on Net Assets of £-67.5k and 1.51x industry multiple (adjusted for liquidity).
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Gurmit Properties LimitedOverview
Gurmit Properties Limited is a live company located in castleford, WF10 1EN with a Companies House number of 09920897. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2015, it's largest shareholder is
dalwinder singh
with a 50% stake. Gurmit Properties Limited is a established,
small sized company, Pomanda has estimated its turnover at
£995.5k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Gurmit Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £995.5k, make it in line with the average company (£834.3k)
£995.5k - Gurmit Properties Limited
£834.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.1%)
10% - Gurmit Properties Limited
5.1% - Industry AVG
Production
with a gross margin of 21.5%, this company has a higher cost of product (53.7%)
21.5% - Gurmit Properties Limited
53.7% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (16.7%)
-3.8% - Gurmit Properties Limited
16.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Gurmit Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
£38.3k - Gurmit Properties Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £497.7k, this is more efficient (£201.8k)
£497.7k - Gurmit Properties Limited
£201.8k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (28 days)
97 days - Gurmit Properties Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (32 days)
208 days - Gurmit Properties Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gurmit Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gurmit Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 117.8%, this is a higher level of debt than the average (69.6%)
117.8% - Gurmit Properties Limited
69.6% - Industry AVG
GURMIT PROPERTIES LIMITED financials
EXPORT
Gurmit Properties Limited's latest turnover from December 2023 is estimated at £995.5 thousand and the company has net assets of -£67.5 thousand. According to their latest financial statements, we estimate that Gurmit Properties Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
995,454
780,682
709,965
748,060
1,065,517
1,084,816
831,342
577,638
Other Income Or Grants
Cost Of Sales
781,769
618,628
567,927
606,044
862,709
861,648
654,536
450,895
Gross Profit
213,684
162,053
142,038
142,016
202,808
223,168
176,806
126,743
Admin Expenses
251,629
170,036
152,824
142,462
203,783
227,878
178,763
129,443
Operating Profit
-37,945
-7,983
-10,786
-446
-975
-4,710
-1,957
-2,700
Interest Payable
Interest Receivable
Pre-Tax Profit
-37,945
-7,983
-10,786
-446
-975
-4,710
-1,957
-2,700
Tax
Profit After Tax
-37,945
-7,983
-10,786
-446
-975
-4,710
-1,957
-2,700
Dividends Paid
Retained Profit
-37,945
-7,983
-10,786
-446
-975
-4,710
-1,957
-2,700
Employee Costs
76,668
37,754
36,224
35,255
76,263
111,505
68,231
70,127
Number Of Employees
2
1
1
1
2
3
2
2
EBITDA*
-37,945
-7,983
-10,786
-446
-975
-4,710
-1,957
-2,700
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
114,104
114,104
114,104
114,104
114,104
114,104
116,506
118,908
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
114,104
114,104
114,104
114,104
114,104
114,104
116,506
118,908
Stock & work in progress
Trade Debtors
265,597
287,542
273,500
284,286
284,586
285,607
265,728
145,434
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
265,597
287,542
273,500
284,286
284,586
285,607
265,728
145,434
total assets
379,701
401,646
387,604
398,390
398,690
399,711
382,234
264,342
Bank overdraft
Bank loan
Trade Creditors
446,253
430,253
408,228
408,228
408,282
408,628
202,789
267,042
Group/Directors Accounts
183,652
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
446,253
430,253
408,228
408,228
408,282
408,628
386,441
267,042
loans
hp & lease commitments
Accruals and Deferred Income
950
950
950
950
750
450
450
other liabilities
provisions
total long term liabilities
950
950
950
950
750
450
450
total liabilities
447,203
431,203
409,178
409,178
409,032
409,078
386,891
267,042
net assets
-67,502
-29,557
-21,574
-10,788
-10,342
-9,367
-4,657
-2,700
total shareholders funds
-67,502
-29,557
-21,574
-10,788
-10,342
-9,367
-4,657
-2,700
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
-37,945
-7,983
-10,786
-446
-975
-4,710
-1,957
-2,700
Depreciation
Amortisation
Tax
Stock
Debtors
-21,945
14,042
-10,786
-300
-1,021
19,879
120,294
145,434
Creditors
16,000
22,025
-54
-346
205,839
-64,253
267,042
Accruals and Deferred Income
200
300
450
Deferred Taxes & Provisions
Cash flow from operations
181,250
-186,054
118,908
Investing Activities
capital expenditure
2,402
2,402
-118,908
Change in Investments
cash flow from investments
2,402
2,402
-118,908
Financing Activities
Bank loans
Group/Directors Accounts
-183,652
183,652
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
-183,652
183,652
cash and cash equivalents
cash
overdraft
change in cash
gurmit properties limited 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 gurmit properties limited. Get real-time insights into gurmit properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for gurmit properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WF10 area or any other competitors across 12 key performance metrics.
gurmit properties limited Ownership
GURMIT PROPERTIES LIMITED group structure
Gurmit Properties Limited has no subsidiary companies.
Ultimate parent company
GURMIT PROPERTIES LIMITED
09920897
GURMIT PROPERTIES LIMITED Shareholders
The largest shareholders in Gurmit Properties Limited include Dalwinder Singh and Jaswinder Singh.
dalwinder singh
50%
jaswinder singh
50%
gurmit properties limited directors
Gurmit Properties Limited currently has 1 director, Mr Jaswinder Singh serving since Dec 2015.
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
December 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
CLAVANE AND COMPANY
auditor
-
address
32a albion street, castleford, WF10 1EN
Bank
HANDELSBANKEN, HANDELSBANKEN
Legal Advisor
-
gurmit properties 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 gurmit properties limited.
gurmit properties limited 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.
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gurmit properties limitedCompanies House Filings - See Documents
