gorgi & sons london limited

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gorgi & sons london limited Company Information

Share GORGI & SONS LONDON LIMITED

Company Number

10558617

Shareholders

zuhair gourji ishac

kais gourji ishak

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

jsp accountants limited, first floor, harrow, HA1 1BE

Website

-

gorgi & sons london limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of GORGI & SONS LONDON LIMITED at £4.3m based on a Turnover of £1.7m and 2.52x industry multiple (adjusted for size and gross margin).

gorgi & sons london limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GORGI & SONS LONDON LIMITED at £0 based on an EBITDA of £-36.2k and a 4.92x industry multiple (adjusted for size and gross margin).

gorgi & sons london limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GORGI & SONS LONDON LIMITED at £0 based on Net Assets of £-180.1k and 1.75x industry multiple (adjusted for liquidity).

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Gorgi & Sons London Limited Overview

Gorgi & Sons London Limited is a live company located in harrow, HA1 1BE with a Companies House number of 10558617. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2017, it's largest shareholder is zuhair gourji ishac with a 50% stake. Gorgi & Sons London Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.

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Gorgi & Sons London Limited Health Check

Pomanda's financial health check has awarded Gorgi & Sons London Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.7m, make it larger than the average company (£950k)

£1.7m - Gorgi & Sons London Limited

£950k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.7%)

2% - Gorgi & Sons London Limited

4.7% - Industry AVG

production

Production

with a gross margin of 31.5%, this company has a higher cost of product (72.9%)

31.5% - Gorgi & Sons London Limited

72.9% - Industry AVG

profitability

Profitability

an operating margin of -2.1% make it less profitable than the average company (25.4%)

-2.1% - Gorgi & Sons London Limited

25.4% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Gorgi & Sons London Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Gorgi & Sons London Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £427.5k, this is more efficient (£184.9k)

£427.5k - Gorgi & Sons London Limited

£184.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is later than average (32 days)

50 days - Gorgi & Sons London Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 825 days, this is slower than average (37 days)

825 days - Gorgi & Sons London Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gorgi & Sons London Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gorgi & Sons London Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 107.3%, this is a higher level of debt than the average (68.7%)

107.3% - Gorgi & Sons London Limited

68.7% - Industry AVG

GORGI & SONS LONDON LIMITED financials

EXPORTms excel logo

Gorgi & Sons London Limited's latest turnover from January 2024 is estimated at £1.7 million and the company has net assets of -£180.1 thousand. According to their latest financial statements, we estimate that Gorgi & Sons London Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover1,709,9541,325,9021,564,2081,630,9892,164,0152,184,8762,043,691
Other Income Or Grants
Cost Of Sales1,171,236950,2841,125,9761,165,7831,562,2961,537,6631,421,962
Gross Profit538,718375,617438,231465,206601,719647,213621,729
Admin Expenses574,872440,232373,920379,041688,074717,666666,103
Operating Profit-36,154-64,61564,31186,165-86,355-70,453-44,374
Interest Payable
Interest Receivable
Pre-Tax Profit-36,154-64,61564,31186,165-86,355-70,453-44,374
Tax-12,219-16,371
Profit After Tax-36,154-64,61552,09269,794-86,355-70,453-44,374
Dividends Paid
Retained Profit-36,154-64,61552,09269,794-86,355-70,453-44,374
Employee Costs130,243123,615149,404135,826169,860191,694181,948
Number Of Employees4455677
EBITDA*-36,154-64,61564,31186,165-86,355-70,453-44,374

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets2,234,9192,243,2052,226,5342,232,7242,225,2472,220,0882,171,541
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,234,9192,243,2052,226,5342,232,7242,225,2472,220,0882,171,541
Stock & work in progress
Trade Debtors234,999239,981331,034311,810370,348425,450426,033
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets234,999239,981331,034311,810370,348425,450426,033
total assets2,469,9182,483,1862,557,5682,544,5342,595,5952,645,5382,597,574
Bank overdraft
Bank loan
Trade Creditors 2,649,9831,688,7631,678,5301,697,5881,598,4431,541,3841,402,471
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,649,9831,688,7631,678,5301,697,5881,598,4431,541,3841,402,471
loans
hp & lease commitments
Accruals and Deferred Income200,000200,648200,648
other liabilities938,334958,334978,334998,3341,018,3331,038,829
provisions
total long term liabilities938,334958,334978,3341,198,3341,218,9811,239,477
total liabilities2,649,9832,627,0972,636,8642,675,9222,796,7772,760,3652,641,948
net assets-180,065-143,911-79,296-131,388-201,182-114,827-44,374
total shareholders funds-180,065-143,911-79,296-131,388-201,182-114,827-44,374
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit-36,154-64,61564,31186,165-86,355-70,453-44,374
Depreciation
Amortisation
Tax-12,219-16,371
Stock
Debtors-4,982-91,05319,224-58,538-55,102-583426,033
Creditors961,22010,233-19,05899,14557,059138,9131,402,471
Accruals and Deferred Income-200,000-648200,648
Deferred Taxes & Provisions
Cash flow from operations930,04836,67113,81027,47725,15869,0431,132,712
Investing Activities
capital expenditure8,286-16,6716,190-7,477-5,159-48,547-2,171,541
Change in Investments
cash flow from investments8,286-16,6716,190-7,477-5,159-48,547-2,171,541
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-938,334-20,000-20,000-20,000-19,999-20,4961,038,829
share issue
interest
cash flow from financing-938,334-20,000-20,000-20,000-19,999-20,4961,038,829
cash and cash equivalents
cash
overdraft
change in cash

gorgi & sons london 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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Gorgi & Sons London Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gorgi & sons london limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HA1 area or any other competitors across 12 key performance metrics.

gorgi & sons london limited Ownership

GORGI & SONS LONDON LIMITED group structure

Gorgi & Sons London Limited has no subsidiary companies.

Ultimate parent company

GORGI & SONS LONDON LIMITED

10558617

GORGI & SONS LONDON LIMITED Shareholders

zuhair gourji ishac 50%
kais gourji ishak 50%

gorgi & sons london limited directors

Gorgi & Sons London Limited currently has 2 directors. The longest serving directors include Mr Zuhair Ishac (Jan 2017) and Mr Kais Ishak (Feb 2017).

officercountryagestartendrole
Mr Zuhair IshacEngland55 years Jan 2017- Director
Mr Kais IshakEngland57 years Feb 2017- Director

P&L

January 2024

turnover

1.7m

+29%

operating profit

-36.2k

0%

gross margin

31.6%

+11.21%

turnover

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

Balance Sheet

January 2024

net assets

-180.1k

+0.25%

total assets

2.5m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

gorgi & sons london limited company details

company number

10558617

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

jsp accountants limited, first floor, harrow, HA1 1BE

Bank

-

Legal Advisor

-

gorgi & sons london 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 gorgi & sons london limited.

gorgi & sons london 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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gorgi & sons london limited Companies House Filings - See Documents

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