growth partners management limited
growth partners management limited Company Information
Company Number
10521307
Next Accounts
194 days late
Directors
Shareholders
vertix holdings limited
Group Structure
View All
Industry
Computer consultancy activities
+1Registered Address
prospect house rouen road, norwich, NR1 1RE
Website
growthpartnersplc.co.ukgrowth partners management limited Estimated Valuation
Pomanda estimates the enterprise value of GROWTH PARTNERS MANAGEMENT LIMITED at £3.4m based on a Turnover of £6.9m and 0.5x industry multiple (adjusted for size and gross margin).
growth partners management limited Estimated Valuation
Pomanda estimates the enterprise value of GROWTH PARTNERS MANAGEMENT LIMITED at £4.4m based on an EBITDA of £1.2m and a 3.84x industry multiple (adjusted for size and gross margin).
growth partners management limited Estimated Valuation
Pomanda estimates the enterprise value of GROWTH PARTNERS MANAGEMENT LIMITED at £13.6m based on Net Assets of £5.5m and 2.45x industry multiple (adjusted for liquidity).
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Growth Partners Management Limited Overview
Growth Partners Management Limited is a live company located in norwich, NR1 1RE with a Companies House number of 10521307. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2016, it's largest shareholder is vertix holdings limited with a 100% stake. Growth Partners Management Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.9m with high growth in recent years.
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Growth Partners Management Limited Health Check
Pomanda's financial health check has awarded Growth Partners Management Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £6.9m, make it larger than the average company (£1.7m)
- Growth Partners Management Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.8%)
- Growth Partners Management Limited
4.8% - Industry AVG
Production
with a gross margin of 26.2%, this company has a higher cost of product (52.1%)
- Growth Partners Management Limited
52.1% - Industry AVG
Profitability
an operating margin of 16.1% make it more profitable than the average company (7.2%)
- Growth Partners Management Limited
7.2% - Industry AVG
Employees
with 23 employees, this is above the industry average (13)
23 - Growth Partners Management Limited
13 - Industry AVG
Pay Structure
on an average salary of £56.8k, the company has an equivalent pay structure (£56.8k)
- Growth Partners Management Limited
£56.8k - Industry AVG
Efficiency
resulting in sales per employee of £300.1k, this is more efficient (£130.5k)
- Growth Partners Management Limited
£130.5k - Industry AVG
Debtor Days
it gets paid by customers after 209 days, this is later than average (66 days)
- Growth Partners Management Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (30 days)
- Growth Partners Management Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Growth Partners Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (22 weeks)
43 weeks - Growth Partners Management Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.2%, this is a lower level of debt than the average (58.2%)
15.2% - Growth Partners Management Limited
58.2% - Industry AVG
GROWTH PARTNERS MANAGEMENT LIMITED financials
Growth Partners Management Limited's latest turnover from December 2022 is estimated at £6.9 million and the company has net assets of £5.5 million. According to their latest financial statements, Growth Partners Management Limited has 23 employees and maintains cash reserves of £825.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 15,396,880 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | 9,091,874 | |||||
| Gross Profit | 6,305,006 | |||||
| Admin Expenses | 4,045,650 | |||||
| Operating Profit | 2,259,356 | |||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | 2,259,356 | |||||
| Tax | -369,576 | |||||
| Profit After Tax | 1,889,780 | |||||
| Dividends Paid | ||||||
| Retained Profit | 1,889,780 | |||||
| Employee Costs | 11,682,306 | |||||
| Number Of Employees | 23 | 23 | 36 | |||
| EBITDA* | 2,324,939 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 220,226 | 258,948 | 305,652 | 365,400 | 286,710 | 91,182 |
| Intangible Assets | ||||||
| Investments & Other | 1,280,303 | 1,280,303 | 1,245,965 | 920,965 | 20,000,000 | 17,640,000 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,500,529 | 1,539,251 | 1,551,617 | 1,286,365 | 20,286,710 | 17,731,182 |
| Stock & work in progress | 319,550 | 248,223 | 199,889 | 2,830,000 | ||
| Trade Debtors | 3,969,363 | 9,668,551 | 2,117,434 | 1,437,159 | 1,696,010 | |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 825,076 | 2,465,477 | 647,695 | 1,136,647 | 1,633,396 | 118,030 |
| misc current assets | 250,000 | 250,000 | 250,000 | |||
| total current assets | 5,044,439 | 12,384,028 | 3,334,679 | 3,072,029 | 3,529,295 | 2,948,030 |
| total assets | 6,544,968 | 13,923,279 | 4,886,296 | 4,358,394 | 23,816,005 | 20,679,212 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 990,751 | 9,314,826 | 1,113,437 | 2,567,447 | 30,469 | 679,629 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 3,369,758 | 49,733 | ||||
| total current liabilities | 990,751 | 9,314,826 | 1,113,437 | 2,567,447 | 3,400,227 | 729,362 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 4,508 | 3,145 | 4,003 | 7,010 | ||
| total liabilities | 995,259 | 9,317,971 | 1,117,440 | 2,574,457 | 3,400,227 | 729,362 |
| net assets | 5,549,709 | 4,605,308 | 3,768,856 | 1,783,937 | 20,415,778 | 19,949,850 |
| total shareholders funds | 5,549,709 | 4,605,308 | 3,768,856 | 1,783,937 | 20,415,778 | 19,949,850 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 2,259,356 | |||||
| Depreciation | 46,212 | 55,802 | 65,583 | 78,222 | 60,817 | 60,817 |
| Amortisation | ||||||
| Tax | -369,576 | |||||
| Stock | -319,550 | 71,327 | 48,334 | -2,630,111 | 2,830,000 | |
| Debtors | -5,699,188 | 7,551,117 | 680,275 | -258,851 | 1,696,010 | |
| Creditors | -8,324,075 | 8,201,389 | -1,454,010 | 2,536,978 | -649,160 | 679,629 |
| Accruals and Deferred Income | -3,369,758 | 3,320,025 | 49,733 | |||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -250,249 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 34,338 | 325,000 | -19,079,035 | 2,360,000 | 17,640,000 | |
| 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 issue | ||||||
| interest | ||||||
| cash flow from financing | 95,139 | |||||
| cash and cash equivalents | ||||||
| cash | -1,640,401 | 1,817,782 | -488,952 | -496,749 | 1,515,366 | 118,030 |
| overdraft | ||||||
| change in cash | -1,640,401 | 1,817,782 | -488,952 | -496,749 | 1,515,366 | 118,030 |
growth partners management limited Credit Report and Business Information
Growth Partners Management Limited Competitor Analysis
Perform a competitor analysis for growth partners management limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in NR1 area or any other competitors across 12 key performance metrics.
growth partners management limited Ownership
GROWTH PARTNERS MANAGEMENT LIMITED group structure
Growth Partners Management Limited has 52 subsidiary companies.
Ultimate parent company
1 parent
GROWTH PARTNERS MANAGEMENT LIMITED
10521307
52 subsidiaries
growth partners management limited directors
Growth Partners Management Limited currently has 1 director, Mr Imtiaz Illahi serving since Jan 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Imtiaz Illahi | 45 years | Jan 2023 | - | Director |
P&L
December 2022turnover
6.9m
-63%
operating profit
1.1m
0%
gross margin
26.3%
+1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
5.5m
+0.21%
total assets
6.5m
-0.53%
cash
825.1k
-0.67%
net assets
Total assets minus all liabilities
growth partners management limited company details
company number
10521307
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
70229 - Management consultancy activities (other than financial management)
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2022
previous names
cognicentral limited (May 2017)
congicentral limited (February 2017)
accountant
SGP ACCOUNTANTS GROUP LTD
auditor
-
address
prospect house rouen road, norwich, NR1 1RE
Bank
-
Legal Advisor
-
growth partners management 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 growth partners management limited.
growth partners management 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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growth partners management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
