rowland gorringe land and new homes ltd

Live (In Liquidation)YoungMicroHigh

rowland gorringe land and new homes ltd Company Information

Share ROWLAND GORRINGE LAND AND NEW HOMES LTD

Company Number

10158968

Shareholders

rowland edward gorringe

fraser jon brooks & joanne brooks

Group Structure

View All

Industry

Real estate agencies

 

Registered Address

suite 2 2nd floor phoenix house, 32 west street, brighton, BN1 2RT

rowland gorringe land and new homes ltd Estimated Valuation

£370.6k

Pomanda estimates the enterprise value of ROWLAND GORRINGE LAND AND NEW HOMES LTD at £370.6k based on a Turnover of £177.9k and 2.08x industry multiple (adjusted for size and gross margin).

rowland gorringe land and new homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ROWLAND GORRINGE LAND AND NEW HOMES LTD at £0 based on an EBITDA of £-34.8k and a 6.64x industry multiple (adjusted for size and gross margin).

rowland gorringe land and new homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ROWLAND GORRINGE LAND AND NEW HOMES LTD at £0 based on Net Assets of £-22.5k and 2.02x industry multiple (adjusted for liquidity).

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Rowland Gorringe Land And New Homes Ltd Overview

Rowland Gorringe Land And New Homes Ltd is a live company located in brighton, BN1 2RT with a Companies House number of 10158968. It operates in the real estate agencies sector, SIC Code 68310. Founded in May 2016, it's largest shareholder is rowland edward gorringe with a 60% stake. Rowland Gorringe Land And New Homes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £177.9k with high growth in recent years.

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Rowland Gorringe Land And New Homes Ltd Health Check

Pomanda's financial health check has awarded Rowland Gorringe Land And New Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £177.9k, make it smaller than the average company (£1m)

£177.9k - Rowland Gorringe Land And New Homes Ltd

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (3.1%)

25% - Rowland Gorringe Land And New Homes Ltd

3.1% - Industry AVG

production

Production

with a gross margin of 89.1%, this company has a comparable cost of product (89.1%)

89.1% - Rowland Gorringe Land And New Homes Ltd

89.1% - Industry AVG

profitability

Profitability

an operating margin of -19.5% make it less profitable than the average company (9.2%)

-19.5% - Rowland Gorringe Land And New Homes Ltd

9.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (19)

2 - Rowland Gorringe Land And New Homes Ltd

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)

£40.8k - Rowland Gorringe Land And New Homes Ltd

£40.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.9k, this is equally as efficient (£88.9k)

£88.9k - Rowland Gorringe Land And New Homes Ltd

£88.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rowland Gorringe Land And New Homes Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rowland Gorringe Land And New Homes Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rowland Gorringe Land And New Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is average cash available to meet short term requirements (43 weeks)

37 weeks - Rowland Gorringe Land And New Homes Ltd

43 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 137%, this is a higher level of debt than the average (51.2%)

137% - Rowland Gorringe Land And New Homes Ltd

51.2% - Industry AVG

ROWLAND GORRINGE LAND AND NEW HOMES LTD financials

EXPORTms excel logo

Rowland Gorringe Land And New Homes Ltd's latest turnover from December 2022 is estimated at £177.9 thousand and the company has net assets of -£22.5 thousand. According to their latest financial statements, Rowland Gorringe Land And New Homes Ltd has 2 employees and maintains cash reserves of £60.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover177,885158,815138,63491,675101,719116
Other Income Or Grants
Cost Of Sales19,33513,45115,52514,16513,61712
Gross Profit158,550145,364123,10977,51088,102105
Admin Expenses193,327143,324103,59183,84998,855-6,704-4,144
Operating Profit-34,7772,04019,518-6,339-10,7536,8094,144
Interest Payable
Interest Receivable2,3221544023324783
Pre-Tax Profit-32,4552,19419,558-6,106-10,5066,8914,144
Tax-417-3,716-1,309-829
Profit After Tax-32,4551,77715,842-6,106-10,5065,5823,315
Dividends Paid
Retained Profit-32,4551,77715,842-6,106-10,5065,5823,315
Employee Costs81,67781,63678,19180,58978,30836,151
Number Of Employees222221
EBITDA*-34,7772,04019,518-6,339-10,7536,8094,144

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors11,5543,1905,100
Group Debtors
Misc Debtors4753,2682,81410,7504,57615,636
Cash60,27272,43950,91529,27232,76732,992100
misc current assets
total current assets60,74772,43965,73735,27648,61737,56815,736
total assets60,74772,43965,73735,27648,61737,56815,736
Bank overdraft
Bank loan
Trade Creditors 1,222200
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities83,19862,43557,51041,66950,12628,37112,321
total current liabilities83,19862,43557,51042,89150,12628,57112,321
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities83,19862,43557,51042,89150,12628,57112,321
net assets-22,45110,0048,227-7,615-1,5098,9973,415
total shareholders funds-22,45110,0048,227-7,615-1,5098,9973,415
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit-34,7772,04019,518-6,339-10,7536,8094,144
Depreciation
Amortisation
Tax-417-3,716-1,309-829
Stock
Debtors475-14,8228,818-9,84611,274-11,06015,636
Creditors-1,2221,222-200200
Accruals and Deferred Income20,7634,92515,841-8,45721,75516,05012,321
Deferred Taxes & Provisions
Cash flow from operations-14,48921,37021,603-3,728-47232,810
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest2,3221544023324783
cash flow from financing2,3221544023324783100
cash and cash equivalents
cash-12,16721,52421,643-3,495-22532,892100
overdraft
change in cash-12,16721,52421,643-3,495-22532,892100

rowland gorringe land and new homes ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rowland Gorringe Land And New Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rowland gorringe land and new homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.

rowland gorringe land and new homes ltd Ownership

ROWLAND GORRINGE LAND AND NEW HOMES LTD group structure

Rowland Gorringe Land And New Homes Ltd has no subsidiary companies.

Ultimate parent company

ROWLAND GORRINGE LAND AND NEW HOMES LTD

10158968

ROWLAND GORRINGE LAND AND NEW HOMES LTD Shareholders

rowland edward gorringe 60%
fraser jon brooks & joanne brooks 40%

rowland gorringe land and new homes ltd directors

Rowland Gorringe Land And New Homes Ltd currently has 1 director, Mr Rowland Gorringe serving since May 2016.

officercountryagestartendrole
Mr Rowland GorringeUnited Kingdom73 years May 2016- Director

P&L

December 2022

turnover

177.9k

+12%

operating profit

-34.8k

0%

gross margin

89.2%

-2.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

-22.5k

-3.24%

total assets

60.7k

-0.16%

cash

60.3k

-0.17%

net assets

Total assets minus all liabilities

rowland gorringe land and new homes ltd company details

company number

10158968

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

May 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2022

previous names

N/A

accountant

PLUS ACCOUNTING

auditor

-

address

suite 2 2nd floor phoenix house, 32 west street, brighton, BN1 2RT

Bank

-

Legal Advisor

-

rowland gorringe land and new homes 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 rowland gorringe land and new homes ltd.

rowland gorringe land and new homes 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.

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rowland gorringe land and new homes ltd Companies House Filings - See Documents

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