the gid rich project limited

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the gid rich project limited Company Information

Share THE GID RICH PROJECT LIMITED

Company Number

11060960

Shareholders

richard daniels

gideon shawyer

Group Structure

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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

5 arundel close arundel close, london, SW11 1HR

Website

-

the gid rich project limited Estimated Valuation

£750.3k

Pomanda estimates the enterprise value of THE GID RICH PROJECT LIMITED at £750.3k based on a Turnover of £312.3k and 2.4x industry multiple (adjusted for size and gross margin).

the gid rich project limited Estimated Valuation

£7.7k

Pomanda estimates the enterprise value of THE GID RICH PROJECT LIMITED at £7.7k based on an EBITDA of £1.6k and a 4.7x industry multiple (adjusted for size and gross margin).

the gid rich project limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE GID RICH PROJECT LIMITED at £0 based on Net Assets of £-3.4k and 1.75x industry multiple (adjusted for liquidity).

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The Gid Rich Project Limited Overview

The Gid Rich Project Limited is a live company located in london, SW11 1HR with a Companies House number of 11060960. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is richard daniels with a 50% stake. The Gid Rich Project Limited is a young, micro sized company, Pomanda has estimated its turnover at £312.3k with declining growth in recent years.

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The Gid Rich Project Limited Health Check

Pomanda's financial health check has awarded The Gid Rich Project Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £312.3k, make it smaller than the average company (£851.7k)

£312.3k - The Gid Rich Project Limited

£851.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (2.9%)

-23% - The Gid Rich Project Limited

2.9% - Industry AVG

production

Production

with a gross margin of 30.2%, this company has a higher cost of product (72.9%)

30.2% - The Gid Rich Project Limited

72.9% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (27.1%)

0.5% - The Gid Rich Project Limited

27.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - The Gid Rich Project Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - The Gid Rich Project Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £312.3k, this is more efficient (£179.3k)

£312.3k - The Gid Rich Project Limited

£179.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (32 days)

102 days - The Gid Rich Project Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (35 days)

38 days - The Gid Rich Project Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Gid Rich Project Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Gid Rich Project Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100.5%, this is a higher level of debt than the average (67.8%)

100.5% - The Gid Rich Project Limited

67.8% - Industry AVG

THE GID RICH PROJECT LIMITED financials

EXPORTms excel logo

The Gid Rich Project Limited's latest turnover from November 2023 is estimated at £312.3 thousand and the company has net assets of -£3.4 thousand. According to their latest financial statements, we estimate that The Gid Rich Project Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Turnover312,3211,180,06531,449696,0941,6272,190
Other Income Or Grants
Cost Of Sales218,010840,74122,922496,3621,1471,540
Gross Profit94,311339,3258,527199,733480650
Admin Expenses92,668247,37634,989218,58619,9784,301
Operating Profit1,64391,949-26,462-18,853-19,498-3,651
Interest Payable5,0715,611
Interest Receivable431
Pre-Tax Profit1,64391,949-26,462-23,920-25,078-3,651
Tax-411-17,470
Profit After Tax1,23274,479-26,462-23,920-25,078-3,651
Dividends Paid
Retained Profit1,23274,479-26,462-23,920-25,078-3,651
Employee Costs31,88091,82728,40154,78828,19126,725
Number Of Employees131211
EBITDA*1,64391,949-26,462-18,853-19,498-3,651

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Tangible Assets610,110287,793578,420175,683177,548
Intangible Assets
Investments & Other100
Debtors (Due After 1 year)100
Total Fixed Assets610,110287,793578,420175,683177,648100
Stock & work in progress
Trade Debtors87,822331,3708,212181,712396
Group Debtors
Misc Debtors
Cash8,258
misc current assets
total current assets87,822331,3708,212181,7128,258396
total assets697,932619,163586,632357,395185,906496
Bank overdraft
Bank loan
Trade Creditors 23,04539,51314,25014,8401,261
Group/Directors Accounts43,905
other short term finances
hp & lease commitments
other current liabilities3,119
total current liabilities23,04539,51314,25014,84048,285
loans166,250
hp & lease commitments
Accruals and Deferred Income
other liabilities678,287584,282651,493395,2043,954
provisions193
total long term liabilities678,287584,282651,493395,204166,2504,147
total liabilities701,332623,795665,743410,044214,5354,147
net assets-3,400-4,632-79,111-52,649-28,629-3,651
total shareholders funds-3,400-4,632-79,111-52,649-28,629-3,651
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Operating Activities
Operating Profit1,64391,949-26,462-18,853-19,498-3,651
Depreciation
Amortisation
Tax-411-17,470
Stock
Debtors-243,548323,158-173,500181,612-296396
Creditors-16,46825,263-59013,5791,261
Accruals and Deferred Income-3,1193,119
Deferred Taxes & Provisions-193193
Cash flow from operations228,312-223,416146,448-190,005-15,015-3,854
Investing Activities
capital expenditure-322,317290,627-402,7371,865-177,548
Change in Investments-100100
cash flow from investments-322,317290,627-402,7371,865-177,448-100
Financing Activities
Bank loans
Group/Directors Accounts-43,90543,905
Other Short Term Loans
Long term loans-166,250166,250
Hire Purchase and Lease Commitments
other long term liabilities94,005-67,211256,289395,204-3,9543,954
share issue-100100
interest-5,067-5,580
cash flow from financing94,005-67,211256,289179,882200,7213,954
cash and cash equivalents
cash-8,2588,258
overdraft
change in cash-8,2588,258

the gid rich project 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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The Gid Rich Project Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the gid rich project limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW11 area or any other competitors across 12 key performance metrics.

the gid rich project limited Ownership

THE GID RICH PROJECT LIMITED group structure

The Gid Rich Project Limited has no subsidiary companies.

Ultimate parent company

THE GID RICH PROJECT LIMITED

11060960

THE GID RICH PROJECT LIMITED Shareholders

richard daniels 50%
gideon shawyer 50%

the gid rich project limited directors

The Gid Rich Project Limited currently has 2 directors. The longest serving directors include Mr Richard Daniels (Nov 2017) and Mr Gideon Shawyer (Nov 2017).

officercountryagestartendrole
Mr Richard DanielsEngland48 years Nov 2017- Director
Mr Gideon ShawyerEngland45 years Nov 2017- Director

P&L

November 2023

turnover

312.3k

-74%

operating profit

1.6k

0%

gross margin

30.2%

+5.02%

turnover

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

Balance Sheet

November 2023

net assets

-3.4k

-0.27%

total assets

697.9k

+0.13%

cash

0

0%

net assets

Total assets minus all liabilities

the gid rich project limited company details

company number

11060960

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

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

5 arundel close arundel close, london, SW11 1HR

Bank

-

Legal Advisor

-

the gid rich project 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 found 5 charges/mortgages relating to the gid rich project limited. Currently there are 2 open charges and 3 have been satisfied in the past.

the gid rich project 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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the gid rich project limited Companies House Filings - See Documents

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