gtg developments limited
gtg developments limited Company Information
Company Number
10875765
Next Accounts
Jan 2025
Industry
Construction of domestic buildings
Development of building projects
Shareholders
ryan david thomson
peter john gaynor
View AllGroup Structure
View All
Contact
Registered Address
repton manor repton avenue, ashford, TN23 3GP
Website
gtgdevelopments.co.ukgtg developments limited Estimated Valuation
Pomanda estimates the enterprise value of GTG DEVELOPMENTS LIMITED at £4.1m based on a Turnover of £8.2m and 0.5x industry multiple (adjusted for size and gross margin).
gtg developments limited Estimated Valuation
Pomanda estimates the enterprise value of GTG DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-66.6k and a 4.03x industry multiple (adjusted for size and gross margin).
gtg developments limited Estimated Valuation
Pomanda estimates the enterprise value of GTG DEVELOPMENTS LIMITED at £0 based on Net Assets of £-93k and 1.4x industry multiple (adjusted for liquidity).
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Gtg Developments Limited Overview
Gtg Developments Limited is a dissolved company that was located in ashford, TN23 3GP with a Companies House number of 10875765. It operated in the development of building projects sector, SIC Code 41100. Founded in July 2017, it's largest shareholder was ryan david thomson with a 40% stake. The last turnover for Gtg Developments Limited was estimated at £8.2m.
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Gtg Developments Limited Health Check
Pomanda's financial health check has awarded Gtg Developments Limited a 3 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £8.2m, make it larger than the average company (£3.5m)
- Gtg Developments Limited
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gtg Developments Limited
- - Industry AVG
Production
with a gross margin of 21%, this company has a comparable cost of product (21%)
- Gtg Developments Limited
21% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (6.8%)
- Gtg Developments Limited
6.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Gtg Developments Limited
13 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Gtg Developments Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £2.7m, this is more efficient (£254.6k)
- Gtg Developments Limited
£254.6k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (31 days)
- Gtg Developments Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (33 days)
- Gtg Developments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gtg Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Gtg Developments Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109%, this is a higher level of debt than the average (70.3%)
109% - Gtg Developments Limited
70.3% - Industry AVG
GTG DEVELOPMENTS LIMITED financials
Gtg Developments Limited's latest turnover from April 2020 is estimated at £8.2 million and the company has net assets of -£93 thousand. According to their latest financial statements, Gtg Developments Limited has 3 employees and maintains cash reserves of £10.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2020 | Apr 2019 | Apr 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 | 3 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|
| Tangible Assets | 960 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 960 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 7,551 |
| Trade Debtors | 1,020,230 | 1,045,784 | 6,514 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 10,892 | 114,024 | 69,988 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,031,122 | 1,159,808 | 84,053 |
| total assets | 1,032,082 | 1,159,808 | 84,053 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 1,125,089 | 1,186,050 | 75,887 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 1,125,089 | 1,186,050 | 75,887 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 1,125,089 | 1,186,050 | 75,887 |
| net assets | -93,007 | -26,242 | 8,166 |
| total shareholders funds | -93,007 | -26,242 | 8,166 |
| Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 262 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | -7,551 | 7,551 |
| Debtors | -25,554 | 1,039,270 | 6,514 |
| Creditors | -60,961 | 1,110,163 | 75,887 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -103,132 | 44,036 | 69,988 |
| overdraft | 0 | 0 | 0 |
| change in cash | -103,132 | 44,036 | 69,988 |
gtg developments limited Credit Report and Business Information
Gtg Developments Limited Competitor Analysis
Perform a competitor analysis for gtg developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in TN23 area or any other competitors across 12 key performance metrics.
gtg developments limited Ownership
GTG DEVELOPMENTS LIMITED group structure
Gtg Developments Limited has no subsidiary companies.
Ultimate parent company
GTG DEVELOPMENTS LIMITED
10875765
gtg developments limited directors
Gtg Developments Limited currently has 3 directors. The longest serving directors include Mr Ryan Thomson (Jul 2017) and Mr Peter Gaynor (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ryan Thomson | United Kingdom | 42 years | Jul 2017 | - | Director |
| Mr Peter Gaynor | United Kingdom | 53 years | Oct 2017 | - | Director |
| Mr Gerard Giblin | United Kingdom | 50 years | Oct 2017 | - | Director |
P&L
April 2020turnover
8.2m
+3%
operating profit
-66.8k
0%
gross margin
21%
-5.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2020net assets
-93k
+2.54%
total assets
1m
-0.11%
cash
10.9k
-0.9%
net assets
Total assets minus all liabilities
gtg developments limited company details
company number
10875765
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
41100 - Development of building projects
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2020
previous names
N/A
accountant
ACCOUNTS UNLOCKED
auditor
-
address
repton manor repton avenue, ashford, TN23 3GP
Bank
-
Legal Advisor
-
gtg developments 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 gtg developments limited.
gtg developments 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.
Click to start generating capital raising & share issue transactions for GTG DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
gtg developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
