golocobiz limited
golocobiz limited Company Information
Company Number
10397983
Website
-Registered Address
24 gainsford road, london, E17 6QB
Industry
Ready-made interactive leisure and entertainment software development
Telephone
-
Next Accounts Due
101 days late
Group Structure
View All
Directors
Abid Rana8 Years
Shareholders
abid rana 100%
golocobiz limited Estimated Valuation
Pomanda estimates the enterprise value of GOLOCOBIZ LIMITED at £51.5k based on a Turnover of £116.7k and 0.44x industry multiple (adjusted for size and gross margin).
golocobiz limited Estimated Valuation
Pomanda estimates the enterprise value of GOLOCOBIZ LIMITED at £0 based on an EBITDA of £-9.1k and a 2.74x industry multiple (adjusted for size and gross margin).
golocobiz limited Estimated Valuation
Pomanda estimates the enterprise value of GOLOCOBIZ LIMITED at £0 based on Net Assets of £-30k and 1.88x industry multiple (adjusted for liquidity).
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Golocobiz Limited Overview
Golocobiz Limited is a live company located in london, E17 6QB with a Companies House number of 10397983. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in September 2016, it's largest shareholder is abid rana with a 100% stake. Golocobiz Limited is a young, micro sized company, Pomanda has estimated its turnover at £116.7k with declining growth in recent years.
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Golocobiz Limited Health Check
Pomanda's financial health check has awarded Golocobiz Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £116.7k, make it smaller than the average company (£5.3m)
- Golocobiz Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (13.8%)
- Golocobiz Limited
13.8% - Industry AVG
Production
with a gross margin of 19.2%, this company has a higher cost of product (48.9%)
- Golocobiz Limited
48.9% - Industry AVG
Profitability
an operating margin of -7.8% make it less profitable than the average company (6.4%)
- Golocobiz Limited
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
1 - Golocobiz Limited
26 - Industry AVG
Pay Structure
on an average salary of £57.3k, the company has an equivalent pay structure (£57.3k)
- Golocobiz Limited
£57.3k - Industry AVG
Efficiency
resulting in sales per employee of £116.7k, this is less efficient (£139.3k)
- Golocobiz Limited
£139.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (39 days)
- Golocobiz Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 266 days, this is slower than average (19 days)
- Golocobiz Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Golocobiz Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Golocobiz Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 177%, this is a higher level of debt than the average (47.1%)
177% - Golocobiz Limited
47.1% - Industry AVG
GOLOCOBIZ LIMITED financials
Golocobiz Limited's latest turnover from September 2022 is estimated at £116.7 thousand and the company has net assets of -£30 thousand. According to their latest financial statements, Golocobiz Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 17,414 | 16,640 | 15,397 | 16,809 | 12,550 | 10,800 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,414 | 16,640 | 15,397 | 16,809 | 12,550 | 10,800 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,504 | 35,639 | 15,564 | 37,732 | 12,351 | 816 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 58,104 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,504 | 35,639 | 15,564 | 37,732 | 12,351 | 58,920 |
| total assets | 38,918 | 52,279 | 30,961 | 54,541 | 24,901 | 69,720 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 68,886 | 73,168 | 35,986 | 27,432 | 8,630 | 33,855 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 68,886 | 73,168 | 35,986 | 27,432 | 8,630 | 33,855 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 68,886 | 73,168 | 35,986 | 27,432 | 8,630 | 33,855 |
| net assets | -29,968 | -20,889 | -5,025 | 27,109 | 16,271 | 35,865 |
| total shareholders funds | -29,968 | -20,889 | -5,025 | 27,109 | 16,271 | 35,865 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,135 | 20,075 | -22,168 | 25,381 | 11,535 | 816 |
| Creditors | -4,282 | 37,182 | 8,554 | 18,802 | -25,225 | 33,855 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -58,104 | 58,104 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -58,104 | 58,104 |
golocobiz limited Credit Report and Business Information
Golocobiz Limited Competitor Analysis
Perform a competitor analysis for golocobiz limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.
golocobiz limited Ownership
GOLOCOBIZ LIMITED group structure
Golocobiz Limited has no subsidiary companies.
Ultimate parent company
GOLOCOBIZ LIMITED
10397983
golocobiz limited directors
Golocobiz Limited currently has 1 director, Mr Abid Rana serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abid Rana | England | 48 years | Sep 2016 | - | Director |
P&L
September 2022turnover
116.7k
-29%
operating profit
-9.1k
0%
gross margin
19.3%
-11.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-30k
+0.43%
total assets
38.9k
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
golocobiz limited company details
company number
10397983
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
September 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2022
address
24 gainsford road, london, E17 6QB
accountant
-
auditor
-
golocobiz 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 golocobiz limited.
golocobiz limited Companies House Filings - See Documents
| date | description | view/download |
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