black gold economics limited
black gold economics limited Company Information
Company Number
10917203
Website
blackgoldeconomics.comRegistered Address
197 kingston road, epsom, surrey, KT19 0AB
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
hazel ford 50%
kevin ford 50%
black gold economics limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK GOLD ECONOMICS LIMITED at £141.4k based on a Turnover of £311.7k and 0.45x industry multiple (adjusted for size and gross margin).
black gold economics limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK GOLD ECONOMICS LIMITED at £0 based on an EBITDA of £-9.8k and a 3.24x industry multiple (adjusted for size and gross margin).
black gold economics limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK GOLD ECONOMICS LIMITED at £456.6k based on Net Assets of £170.8k and 2.67x industry multiple (adjusted for liquidity).
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Black Gold Economics Limited Overview
Black Gold Economics Limited is a dissolved company that was located in surrey, KT19 0AB with a Companies House number of 10917203. It operated in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in August 2017, it's largest shareholder was hazel ford with a 50% stake. The last turnover for Black Gold Economics Limited was estimated at £311.7k.
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Black Gold Economics Limited Health Check
Pomanda's financial health check has awarded Black Gold Economics 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
1 Regular
5 Weak
Size
annual sales of £311.7k, make it smaller than the average company (£499.4k)
- Black Gold Economics Limited
£499.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (2.3%)
- Black Gold Economics Limited
2.3% - Industry AVG
Production
with a gross margin of 23.4%, this company has a higher cost of product (51.6%)
- Black Gold Economics Limited
51.6% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (8.1%)
- Black Gold Economics Limited
8.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Black Gold Economics Limited
5 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- Black Gold Economics Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £155.9k, this is more efficient (£111.1k)
- Black Gold Economics Limited
£111.1k - Industry AVG
Debtor Days
it gets paid by customers after 200 days, this is later than average (73 days)
- Black Gold Economics Limited
73 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Black Gold Economics Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Black Gold Economics Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Black Gold Economics Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (58.1%)
0.2% - Black Gold Economics Limited
58.1% - Industry AVG
BLACK GOLD ECONOMICS LIMITED financials
Black Gold Economics Limited's latest turnover from December 2021 is estimated at £311.7 thousand and the company has net assets of £170.8 thousand. According to their latest financial statements, Black Gold Economics Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Aug 2020 | Aug 2019 | Aug 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 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 543 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 543 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 171,231 | 221,941 | 188,666 | 56,125 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 171,231 | 221,941 | 188,666 | 56,125 |
| total assets | 171,231 | 221,941 | 188,666 | 56,668 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 41,367 | 42,640 | 19,337 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 41,367 | 42,640 | 19,337 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 419 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 419 | 0 | 0 | 0 |
| total liabilities | 419 | 41,367 | 42,640 | 19,337 |
| net assets | 170,812 | 180,574 | 146,026 | 37,331 |
| total shareholders funds | 170,812 | 180,574 | 146,026 | 37,331 |
| Dec 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -50,710 | 33,275 | 132,541 | 56,125 |
| Creditors | -41,367 | -1,273 | 23,303 | 19,337 |
| Accruals and Deferred Income | 419 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
black gold economics limited Credit Report and Business Information
Black Gold Economics Limited Competitor Analysis
Perform a competitor analysis for black gold economics limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in KT19 area or any other competitors across 12 key performance metrics.
black gold economics limited Ownership
BLACK GOLD ECONOMICS LIMITED group structure
Black Gold Economics Limited has no subsidiary companies.
Ultimate parent company
BLACK GOLD ECONOMICS LIMITED
10917203
black gold economics limited directors
Black Gold Economics Limited currently has 2 directors. The longest serving directors include Mr Kevin Ford (Aug 2017) and Mrs Hazel Ford (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Ford | 51 years | Aug 2017 | - | Director | |
| Mrs Hazel Ford | England | 51 years | Sep 2020 | - | Director |
P&L
December 2021turnover
311.7k
+5%
operating profit
-9.8k
0%
gross margin
23.4%
-7.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
170.8k
-0.05%
total assets
171.2k
-0.23%
cash
0
0%
net assets
Total assets minus all liabilities
black gold economics limited company details
company number
10917203
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2021
previous names
N/A
accountant
SHERWIN CURRID ACCOUNTANCY LIMITED
auditor
-
address
197 kingston road, epsom, surrey, KT19 0AB
Bank
CATER ALLEN LTD
Legal Advisor
-
black gold economics 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 black gold economics limited.
black gold economics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
