golfe group limited

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golfe group limited Company Information

Share GOLFE GROUP LIMITED

Company Number

10315201

Shareholders

kuldip sanger

dylan shivraj singh sanger

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Group Structure

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Industry

Construction of domestic buildings

 

Registered Address

50 forest lane, chigwell, IG7 5AE

Website

-

golfe group limited Estimated Valuation

£514.2k

Pomanda estimates the enterprise value of GOLFE GROUP LIMITED at £514.2k based on a Turnover of £1.2m and 0.42x industry multiple (adjusted for size and gross margin).

golfe group limited Estimated Valuation

£539.5k

Pomanda estimates the enterprise value of GOLFE GROUP LIMITED at £539.5k based on an EBITDA of £152.9k and a 3.53x industry multiple (adjusted for size and gross margin).

golfe group limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of GOLFE GROUP LIMITED at £1.3m based on Net Assets of £916.9k and 1.39x industry multiple (adjusted for liquidity).

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Golfe Group Limited Overview

Golfe Group Limited is a live company located in chigwell, IG7 5AE with a Companies House number of 10315201. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in August 2016, it's largest shareholder is kuldip sanger with a 30% stake. Golfe Group Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Golfe Group Limited Health Check

Pomanda's financial health check has awarded Golfe Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£410k)

£1.2m - Golfe Group Limited

£410k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (10%)

-49% - Golfe Group Limited

10% - Industry AVG

production

Production

with a gross margin of 20.8%, this company has a comparable cost of product (20.8%)

20.8% - Golfe Group Limited

20.8% - Industry AVG

profitability

Profitability

an operating margin of 12.3% make it more profitable than the average company (5.3%)

12.3% - Golfe Group Limited

5.3% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (3)

5 - Golfe Group Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)

£40.6k - Golfe Group Limited

£40.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £247.7k, this is more efficient (£181.3k)

£247.7k - Golfe Group Limited

£181.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Golfe Group Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (30 days)

55 days - Golfe Group Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Golfe Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Golfe Group Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.5%, this is a higher level of debt than the average (71.8%)

95.5% - Golfe Group Limited

71.8% - Industry AVG

GOLFE GROUP LIMITED financials

EXPORTms excel logo

Golfe Group Limited's latest turnover from February 2024 is estimated at £1.2 million and the company has net assets of £916.9 thousand. According to their latest financial statements, Golfe Group Limited has 5 employees and maintains cash reserves of £343 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Turnover1,238,5307,952,2539,186,824330,0984,269,618244,7181,404,932
Other Income Or Grants
Cost Of Sales980,5656,311,0197,443,170265,8503,353,923189,4071,076,064
Gross Profit257,9651,641,2331,743,65464,248915,69555,311328,867
Admin Expenses105,077554,2851,552,628-79,630842,67113,091377,039
Operating Profit152,8881,086,948191,026143,87873,02442,220-48,172
Interest Payable70,41531,45225,81426,09729,36315,061
Interest Receivable271441311532
Pre-Tax Profit82,5001,055,510165,216117,79443,77727,191-48,172
Tax-20,625-200,547-31,391-22,381-8,318-5,166
Profit After Tax61,875854,963133,82595,41335,45922,025-48,172
Dividends Paid
Retained Profit61,875854,963133,82595,41335,45922,025-48,172
Employee Costs203,125165,65476,49573,69781,87784,579224,231
Number Of Employees5422226
EBITDA*152,8881,086,948191,026160,46695,14242,220-48,172

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Tangible Assets49,7652,443,78088,4711,113,164
Intangible Assets
Investments & Other3,496,4313,181,4313,157,6433,168,172790,7451,478,694
Debtors (Due After 1 year)
Total Fixed Assets3,496,4313,181,4313,157,6433,217,9373,234,5251,567,1651,113,164
Stock & work in progress2,248,7681,552,0721,043,574
Trade Debtors4,4481,315,6473,125609,9001,30060,888
Group Debtors16,362,54216,828,30111,660,04710,558,8779,251,872901,692
Misc Debtors315,621278,687354,9771,275,236504,585475,467
Cash3436804,3213,37622,0268,591
misc current assets
total current assets16,678,50617,112,11615,583,76013,392,68611,431,9571,387,05060,888
total assets20,174,93720,293,54718,741,40316,610,62314,666,4822,954,2151,174,052
Bank overdraft
Bank loan
Trade Creditors 150,0041,884,284923,92711,339204,501
Group/Directors Accounts54,000148,10516,787,48415,363,90314,179,4851,988,562
other short term finances
hp & lease commitments
other current liabilities18,431,20116,777,061376,860698,67553,835545,450
total current liabilities18,635,20518,809,45018,088,27116,073,91714,233,3202,534,012204,501
loans622,794629,034414,482431,881423,750446,250
hp & lease commitments
Accruals and Deferred Income
other liabilities1,016,763
provisions960
total long term liabilities622,794629,034414,482431,881423,750446,2501,017,723
total liabilities19,257,99919,438,48418,502,75316,505,79814,657,0702,980,2621,222,224
net assets916,938855,063238,650104,8259,412-26,047-48,172
total shareholders funds916,938855,063238,650104,8259,412-26,047-48,172
Feb 2024Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Operating Activities
Operating Profit152,8881,086,948191,026143,87873,02442,220-48,172
Depreciation16,58822,118
Amortisation
Tax-20,625-200,547-31,391-22,381-8,318-5,166
Stock696,696508,4981,043,574
Debtors-433,27317,111,4361,493,4331,470,8818,987,8981,317,57160,888
Creditors-1,734,2801,884,284912,58811,339-204,501204,501
Accruals and Deferred Income1,654,14016,777,061-321,815644,840-491,615545,450
Deferred Taxes & Provisions-960960
Cash flow from operations485,3962,436,310-1,439,721-1,185,115-10,436,263-940,52896,401
Investing Activities
capital expenditure49,7652,377,427-2,377,4271,024,693-1,113,164
Change in Investments315,0003,181,431-10,5292,377,427-687,9491,478,694
cash flow from investments-315,000-3,181,43160,294-1,689,478-454,001-1,113,164
Financing Activities
Bank loans
Group/Directors Accounts-94,105148,1051,423,5811,184,41812,190,9231,988,562
Other Short Term Loans
Long term loans-6,240629,034-17,3998,131-22,500446,250
Hire Purchase and Lease Commitments
other long term liabilities-1,016,7631,016,763
share issue100100
interest-70,388-31,438-25,810-26,084-29,248-15,029
cash flow from financing-170,733745,8011,380,3721,166,46512,139,1751,403,1201,016,763
cash and cash equivalents
cash-337680945-18,65013,4358,591
overdraft
change in cash-337680945-18,65013,4358,591

golfe group 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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Golfe Group Limited Competitor Analysis

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Perform a competitor analysis for golfe group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IG7 area or any other competitors across 12 key performance metrics.

golfe group limited Ownership

GOLFE GROUP LIMITED Shareholders

kuldip sanger 30%
dylan shivraj singh sanger 20%
rushnil sanger 20%
jayvir sanger 10%
sarbjit sanger 10%
dalbir sanger 10%

golfe group limited directors

Golfe Group Limited currently has 2 directors. The longest serving directors include Mr Sarbjit Sanger (Aug 2016) and Mr Rushnil Sanger (Aug 2016).

officercountryagestartendrole
Mr Sarbjit SangerEngland55 years Aug 2016- Director
Mr Rushnil SangerUnited Kingdom36 years Aug 2016- Director

P&L

February 2024

turnover

1.2m

-84%

operating profit

152.9k

0%

gross margin

20.9%

+0.92%

turnover

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

Balance Sheet

February 2024

net assets

916.9k

+0.07%

total assets

20.2m

-0.01%

cash

343

-0.5%

net assets

Total assets minus all liabilities

golfe group limited company details

company number

10315201

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

August 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

50 forest lane, chigwell, IG7 5AE

Bank

-

Legal Advisor

-

golfe group 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 found 10 charges/mortgages relating to golfe group limited. Currently there are 9 open charges and 1 have been satisfied in the past.

golfe group 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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golfe group limited Companies House Filings - See Documents

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