galley & tindle audit limited

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galley & tindle audit limited Company Information

Share GALLEY & TINDLE AUDIT LIMITED
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Company Number

10255287

Registered Address

oakmere belmont business park, durham, DH1 1TW

Industry

Accounting, and auditing activities

 

Telephone

01913864786

Next Accounts Due

December 2024

Group Structure

View All

Directors

Michael McKenna1 Years

Richard Tait1 Years

Shareholders

inspire your business (number 2) limited 100%

galley & tindle audit limited Estimated Valuation

£50.9k

Pomanda estimates the enterprise value of GALLEY & TINDLE AUDIT LIMITED at £50.9k based on a Turnover of £63.9k and 0.8x industry multiple (adjusted for size and gross margin).

galley & tindle audit limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GALLEY & TINDLE AUDIT LIMITED at £0 based on an EBITDA of £-6.1k and a 4.51x industry multiple (adjusted for size and gross margin).

galley & tindle audit limited Estimated Valuation

£864

Pomanda estimates the enterprise value of GALLEY & TINDLE AUDIT LIMITED at £864 based on Net Assets of £285 and 3.03x industry multiple (adjusted for liquidity).

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Galley & Tindle Audit Limited Overview

Galley & Tindle Audit Limited is a live company located in durham, DH1 1TW with a Companies House number of 10255287. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2016, it's largest shareholder is inspire your business (number 2) limited with a 100% stake. Galley & Tindle Audit Limited is a young, micro sized company, Pomanda has estimated its turnover at £63.9k with declining growth in recent years.

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Galley & Tindle Audit Limited Health Check

Pomanda's financial health check has awarded Galley & Tindle Audit Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £63.9k, make it smaller than the average company (£139.6k)

£63.9k - Galley & Tindle Audit Limited

£139.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (5.8%)

-11% - Galley & Tindle Audit Limited

5.8% - Industry AVG

production

Production

with a gross margin of 68.5%, this company has a comparable cost of product (68.5%)

68.5% - Galley & Tindle Audit Limited

68.5% - Industry AVG

profitability

Profitability

an operating margin of -9.5% make it less profitable than the average company (17%)

-9.5% - Galley & Tindle Audit Limited

17% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Galley & Tindle Audit Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.6k, the company has an equivalent pay structure (£20.6k)

£20.6k - Galley & Tindle Audit Limited

£20.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.9k, this is equally as efficient (£69.8k)

£63.9k - Galley & Tindle Audit Limited

£69.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Galley & Tindle Audit Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 265 days, this is slower than average (26 days)

265 days - Galley & Tindle Audit Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Galley & Tindle Audit Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (27 weeks)

53 weeks - Galley & Tindle Audit Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (57%)

98.1% - Galley & Tindle Audit Limited

57% - Industry AVG

GALLEY & TINDLE AUDIT LIMITED financials

EXPORTms excel logo

Galley & Tindle Audit Limited's latest turnover from March 2023 is estimated at £63.9 thousand and the company has net assets of £285. According to their latest financial statements, we estimate that Galley & Tindle Audit Limited has 1 employee and maintains cash reserves of £14.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover63,88113,01930,12791,73231,26300
Other Income Or Grants0000000
Cost Of Sales20,1444,52410,13815,1933,93100
Gross Profit43,7368,49519,99076,53927,33200
Admin Expenses49,7984,94525,53478,05015,14500
Operating Profit-6,0623,550-5,544-1,51112,18700
Interest Payable0000000
Interest Receivable48752761600
Pre-Tax Profit-5,5753,602-5,537-1,50512,20200
Tax0-68400-2,31800
Profit After Tax-5,5752,918-5,537-1,5059,88400
Dividends Paid0000000
Retained Profit-5,5752,918-5,537-1,5059,88400
Employee Costs20,63821,10620,31334,40722,62300
Number Of Employees1112100
EBITDA*-6,0623,550-5,544-1,51112,18700

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets0000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets0000000
Stock & work in progress0001,5751,57500
Trade Debtors03,1817,46023,7298,24600
Group Debtors0000000
Misc Debtors0000000
Cash14,9208,0155,8847,7604,21900
misc current assets0000000
total current assets14,92011,19613,34433,06414,04000
total assets14,92011,19613,34433,06414,04000
Bank overdraft0000000
Bank loan0000000
Trade Creditors 14,6355,33610,40224,5854,05600
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities14,6355,33610,40224,5854,05600
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities14,6355,33610,40224,5854,05600
net assets2855,8602,9428,4799,98400
total shareholders funds2855,8602,9428,4799,98400
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit-6,0623,550-5,544-1,51112,18700
Depreciation0000000
Amortisation0000000
Tax0-68400-2,31800
Stock00-1,57501,57500
Debtors-3,181-4,279-16,26915,4838,24600
Creditors9,299-5,066-14,18320,5294,05600
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations6,4182,079-1,8833,5354,10400
Investing Activities
capital expenditure0000000
Change in Investments0000000
cash flow from investments0000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000010000
interest48752761600
cash flow from financing487527611600
cash and cash equivalents
cash6,9052,131-1,8763,5414,21900
overdraft0000000
change in cash6,9052,131-1,8763,5414,21900

galley & tindle audit limited 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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Galley & Tindle Audit Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for galley & tindle audit limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DH1 area or any other competitors across 12 key performance metrics.

galley & tindle audit limited Ownership

GALLEY & TINDLE AUDIT LIMITED group structure

Galley & Tindle Audit Limited has no subsidiary companies.

Ultimate parent company

GALLEY & TINDLE AUDIT LIMITED

10255287

GALLEY & TINDLE AUDIT LIMITED Shareholders

inspire your business (number 2) limited 100%

galley & tindle audit limited directors

Galley & Tindle Audit Limited currently has 2 directors. The longest serving directors include Mr Michael McKenna (Mar 2023) and Mr Richard Tait (Mar 2023).

officercountryagestartendrole
Mr Michael McKennaUnited Kingdom57 years Mar 2023- Director
Mr Richard Tait50 years Mar 2023- Director

P&L

March 2023

turnover

63.9k

+391%

operating profit

-6.1k

0%

gross margin

68.5%

+4.93%

turnover

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

Balance Sheet

March 2023

net assets

285

-0.95%

total assets

14.9k

+0.33%

cash

14.9k

+0.86%

net assets

Total assets minus all liabilities

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galley & tindle audit limited company details

company number

10255287

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

cube audit limited (November 2016)

accountant

-

auditor

-

address

oakmere belmont business park, durham, DH1 1TW

Bank

-

Legal Advisor

-

galley & tindle audit 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 galley & tindle audit limited.

charges

galley & tindle audit limited Companies House Filings - See Documents

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