gary johnson racing ltd
gary johnson racing ltd Company Information
Company Number
10413425
Next Accounts
139 days late
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Directors
Shareholders
gary trevor johnson
Group Structure
View All
Contact
Registered Address
4 high street, broughton, brigg, DN20 0JA
Website
www.garyjohnsonracing.comgary johnson racing ltd Estimated Valuation
Pomanda estimates the enterprise value of GARY JOHNSON RACING LTD at £68.8k based on a Turnover of £59.9k and 1.15x industry multiple (adjusted for size and gross margin).
gary johnson racing ltd Estimated Valuation
Pomanda estimates the enterprise value of GARY JOHNSON RACING LTD at £0 based on an EBITDA of £-34.4k and a 4.67x industry multiple (adjusted for size and gross margin).
gary johnson racing ltd Estimated Valuation
Pomanda estimates the enterprise value of GARY JOHNSON RACING LTD at £0 based on Net Assets of £-76.9k and 2.19x industry multiple (adjusted for liquidity).
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Gary Johnson Racing Ltd Overview
Gary Johnson Racing Ltd is a live company located in brigg, DN20 0JA with a Companies House number of 10413425. It operates in the other sports activities sector, SIC Code 93199. Founded in October 2016, it's largest shareholder is gary trevor johnson with a 100% stake. Gary Johnson Racing Ltd is a young, micro sized company, Pomanda has estimated its turnover at £59.9k with declining growth in recent years.
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Gary Johnson Racing Ltd Health Check
Pomanda's financial health check has awarded Gary Johnson Racing Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £59.9k, make it smaller than the average company (£489.8k)
- Gary Johnson Racing Ltd
£489.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.7%)
- Gary Johnson Racing Ltd
3.7% - Industry AVG
Production
with a gross margin of 47.2%, this company has a comparable cost of product (47.2%)
- Gary Johnson Racing Ltd
47.2% - Industry AVG
Profitability
an operating margin of -63.6% make it less profitable than the average company (5.2%)
- Gary Johnson Racing Ltd
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Gary Johnson Racing Ltd
12 - Industry AVG
Pay Structure
on an average salary of £25.4k, the company has an equivalent pay structure (£25.4k)
- Gary Johnson Racing Ltd
£25.4k - Industry AVG
Efficiency
resulting in sales per employee of £59.9k, this is equally as efficient (£59.9k)
- Gary Johnson Racing Ltd
£59.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gary Johnson Racing Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gary Johnson Racing Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gary Johnson Racing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (79 weeks)
0 weeks - Gary Johnson Racing Ltd
79 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 500.9%, this is a higher level of debt than the average (41.2%)
500.9% - Gary Johnson Racing Ltd
41.2% - Industry AVG
GARY JOHNSON RACING LTD financials
Gary Johnson Racing Ltd's latest turnover from October 2022 is estimated at £59.9 thousand and the company has net assets of -£76.9 thousand. According to their latest financial statements, Gary Johnson Racing Ltd has 1 employee and maintains cash reserves of £132 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 16,448 | 60,835 | 59,656 | 31,043 | 25,625 | 34,167 |
| 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 | 16,448 | 60,835 | 59,656 | 31,043 | 25,625 | 34,167 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 3,722 | 18,782 | 27,182 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,611 | 9,948 | 5,747 | 6,206 | 0 | 0 |
| Cash | 132 | 11,379 | 29,031 | 30,940 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,743 | 21,327 | 34,778 | 40,868 | 18,782 | 27,182 |
| total assets | 19,191 | 82,162 | 94,434 | 71,911 | 44,407 | 61,349 |
| Bank overdraft | 14,950 | 8,350 | 750 | 3,150 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 892 | 0 | 25,392 | 50,859 |
| 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 | 31,253 | 57,734 | 51,045 | 49,743 | 0 | 0 |
| total current liabilities | 46,203 | 66,084 | 52,687 | 52,893 | 25,392 | 50,859 |
| loans | 49,560 | 50,000 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 360 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 1,861 | 0 | 0 |
| total long term liabilities | 49,920 | 50,000 | 50,000 | 1,861 | 1,079 | 0 |
| total liabilities | 96,123 | 116,084 | 102,687 | 54,754 | 26,471 | 50,859 |
| net assets | -76,932 | -33,922 | -8,253 | 17,157 | 17,936 | 10,490 |
| total shareholders funds | -76,932 | -33,922 | -8,253 | 17,157 | 17,936 | 10,490 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 3,708 | 17,829 | 10,113 | 11,718 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,337 | 4,201 | -4,181 | -8,854 | -8,400 | 27,182 |
| Creditors | 0 | -892 | 892 | -25,392 | -25,467 | 50,859 |
| Accruals and Deferred Income | -26,481 | 6,689 | 1,302 | 49,743 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -1,861 | 1,861 | 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 | -440 | 0 | 50,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 360 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -11,247 | -17,652 | -1,909 | 30,940 | 0 | 0 |
| overdraft | 6,600 | 7,600 | -2,400 | 3,150 | 0 | 0 |
| change in cash | -17,847 | -25,252 | 491 | 27,790 | 0 | 0 |
gary johnson racing ltd Credit Report and Business Information
Gary Johnson Racing Ltd Competitor Analysis
Perform a competitor analysis for gary johnson racing ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in DN20 area or any other competitors across 12 key performance metrics.
gary johnson racing ltd Ownership
GARY JOHNSON RACING LTD group structure
Gary Johnson Racing Ltd has no subsidiary companies.
Ultimate parent company
GARY JOHNSON RACING LTD
10413425
gary johnson racing ltd directors
Gary Johnson Racing Ltd currently has 1 director, Mr Gary Johnson serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Johnson | England | 44 years | Oct 2016 | - | Director |
P&L
October 2022turnover
59.9k
+16%
operating profit
-38.1k
0%
gross margin
47.2%
+5.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-76.9k
+1.27%
total assets
19.2k
-0.77%
cash
132
-0.99%
net assets
Total assets minus all liabilities
gary johnson racing ltd company details
company number
10413425
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2022
previous names
N/A
accountant
-
auditor
-
address
4 high street, broughton, brigg, DN20 0JA
Bank
-
Legal Advisor
-
gary johnson racing 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 gary johnson racing ltd.
gary johnson racing 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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gary johnson racing ltd Companies House Filings - See Documents
| date | description | view/download |
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