488 gtb ltd
488 gtb ltd Company Information
Company Number
10805419
Next Accounts
Apr 2025
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
robin raggio
deborah karen raggio
View AllGroup Structure
View All
Contact
Registered Address
c/o brennan heriott & co, 1 blatchington road, hove, east sussex, BN3 3YP
Website
-488 gtb ltd Estimated Valuation
Pomanda estimates the enterprise value of 488 GTB LTD at £136.1m based on a Turnover of £34.3m and 3.96x industry multiple (adjusted for size and gross margin).
488 gtb ltd Estimated Valuation
Pomanda estimates the enterprise value of 488 GTB LTD at £1.7m based on an EBITDA of £198.8k and a 8.56x industry multiple (adjusted for size and gross margin).
488 gtb ltd Estimated Valuation
Pomanda estimates the enterprise value of 488 GTB LTD at £12.6m based on Net Assets of £7.5m and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
488 Gtb Ltd Overview
488 Gtb Ltd is a live company located in hove, BN3 3YP with a Companies House number of 10805419. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2017, it's largest shareholder is robin raggio with a 50% stake. 488 Gtb Ltd is a young, large sized company, Pomanda has estimated its turnover at £34.3m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
488 Gtb Ltd Health Check
Pomanda's financial health check has awarded 488 Gtb Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £34.3m, make it larger than the average company (£841k)
- 488 Gtb Ltd
£841k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (2.4%)
- 488 Gtb Ltd
2.4% - Industry AVG
Production
with a gross margin of 27.7%, this company has a higher cost of product (70.9%)
- 488 Gtb Ltd
70.9% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (27.1%)
- 488 Gtb Ltd
27.1% - Industry AVG
Employees
with 65 employees, this is above the industry average (4)
- 488 Gtb Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- 488 Gtb Ltd
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £528.4k, this is more efficient (£183.6k)
- 488 Gtb Ltd
£183.6k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (28 days)
- 488 Gtb Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (33 days)
- 488 Gtb Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 488 Gtb Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 488 Gtb Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.5%, this is a lower level of debt than the average (66.3%)
35.5% - 488 Gtb Ltd
66.3% - Industry AVG
488 GTB LTD financials
488 Gtb Ltd's latest turnover from July 2023 is estimated at £34.3 million and the company has net assets of £7.5 million. According to their latest financial statements, we estimate that 488 Gtb Ltd has 65 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Oct 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Oct 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,485,172 | 1,485,230 | 1,515,307 | 1,515,410 | 0 | 0 |
| 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 | 1,485,172 | 1,485,230 | 1,515,307 | 1,515,410 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,154,508 | 10,163,076 | 9,567,989 | 9,544,470 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 212 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,154,720 | 10,163,076 | 9,567,989 | 9,544,470 | 0 | 0 |
| total assets | 11,639,892 | 11,648,306 | 11,083,296 | 11,059,880 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,178,127 | 1,303,460 | 935,345 | 917,009 | 0 | 0 |
| 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 | 1,178,127 | 1,303,460 | 935,345 | 917,009 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 867 | 2,741 | 1,350 | 660 | 0 | 0 |
| other liabilities | 2,952,612 | 2,982,917 | 2,942,632 | 2,966,083 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,953,479 | 2,985,658 | 2,943,982 | 2,966,743 | 0 | 0 |
| total liabilities | 4,131,606 | 4,289,118 | 3,879,327 | 3,883,752 | 0 | 0 |
| net assets | 7,508,286 | 7,359,188 | 7,203,969 | 7,176,128 | 0 | 0 |
| total shareholders funds | 7,508,286 | 7,359,188 | 7,203,969 | 7,176,128 | 0 | 0 |
| Jul 2023 | Jul 2022 | Jul 2021 | Oct 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,356 | 595,087 | 23,519 | 9,544,470 | 0 | 0 |
| Creditors | -125,333 | 368,115 | 18,336 | 917,009 | 0 | 0 |
| Accruals and Deferred Income | -1,874 | 1,391 | 690 | 660 | 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 | -30,305 | 40,285 | -23,451 | 2,966,083 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
488 gtb ltd Credit Report and Business Information
488 Gtb Ltd Competitor Analysis
Perform a competitor analysis for 488 gtb ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in BN3 area or any other competitors across 12 key performance metrics.
488 gtb ltd Ownership
488 GTB LTD group structure
488 Gtb Ltd has no subsidiary companies.
Ultimate parent company
488 GTB LTD
10805419
488 gtb ltd directors
488 Gtb Ltd currently has 2 directors. The longest serving directors include Mr Robin Raggio (Jun 2017) and Mrs Deborah Raggio (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robin Raggio | United Kingdom | 64 years | Jun 2017 | - | Director |
| Mrs Deborah Raggio | 61 years | Jun 2017 | - | Director |
P&L
July 2023turnover
34.3m
+3%
operating profit
198.8k
0%
gross margin
27.7%
+1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
7.5m
+0.02%
total assets
11.6m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
488 gtb ltd company details
company number
10805419
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
c/o brennan heriott & co, 1 blatchington road, hove, east sussex, BN3 3YP
Bank
-
Legal Advisor
-
488 gtb 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 found 4 charges/mortgages relating to 488 gtb ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
488 gtb 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.
Click to start generating capital raising & share issue transactions for 488 GTB LTD. This can take several minutes, an email will notify you when this has completed.
488 gtb ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
