glt property holdings ltd

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glt property holdings ltd Company Information

Share GLT PROPERTY HOLDINGS LTD

Company Number

11083254

Shareholders

gary matthew tyrer

louise tyrer

Group Structure

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Industry

Development of building projects

 

Registered Address

progress house, westwood park drive, wigan, WN3 4HH

Website

-

glt property holdings ltd Estimated Valuation

£102.9k

Pomanda estimates the enterprise value of GLT PROPERTY HOLDINGS LTD at £102.9k based on a Turnover of £211.4k and 0.49x industry multiple (adjusted for size and gross margin).

glt property holdings ltd Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of GLT PROPERTY HOLDINGS LTD at £1.4m based on an EBITDA of £360k and a 3.85x industry multiple (adjusted for size and gross margin).

glt property holdings ltd Estimated Valuation

£477.8k

Pomanda estimates the enterprise value of GLT PROPERTY HOLDINGS LTD at £477.8k based on Net Assets of £338.1k and 1.41x industry multiple (adjusted for liquidity).

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Glt Property Holdings Ltd Overview

Glt Property Holdings Ltd is a live company located in wigan, WN3 4HH with a Companies House number of 11083254. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2017, it's largest shareholder is gary matthew tyrer with a 50% stake. Glt Property Holdings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £211.4k with unknown growth in recent years.

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Glt Property Holdings Ltd Health Check

Pomanda's financial health check has awarded Glt Property Holdings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £211.4k, make it smaller than the average company (£2.5m)

£211.4k - Glt Property Holdings Ltd

£2.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Glt Property Holdings Ltd

- - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)

27.1% - Glt Property Holdings Ltd

27.1% - Industry AVG

profitability

Profitability

an operating margin of 167.8% make it more profitable than the average company (6.9%)

167.8% - Glt Property Holdings Ltd

6.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (7)

2 - Glt Property Holdings Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)

£48.1k - Glt Property Holdings Ltd

£48.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £105.7k, this is less efficient (£290.1k)

£105.7k - Glt Property Holdings Ltd

£290.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 16 days, this is earlier than average (28 days)

16 days - Glt Property Holdings Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (31 days)

12 days - Glt Property Holdings Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Glt Property Holdings Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Glt Property Holdings Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (73.6%)

88.3% - Glt Property Holdings Ltd

73.6% - Industry AVG

GLT PROPERTY HOLDINGS LTD financials

EXPORTms excel logo

Glt Property Holdings Ltd's latest turnover from December 2023 is estimated at £211.4 thousand and the company has net assets of £338.1 thousand. According to their latest financial statements, Glt Property Holdings Ltd has 2 employees and maintains cash reserves of £18 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2021Dec 2020Dec 2019Nov 2018
Turnover211,371558,954109,361
Other Income Or Grants
Cost Of Sales154,127418,01477,878
Gross Profit57,244140,94031,482
Admin Expenses-297,425106,094-4,885-91,33213,701
Operating Profit354,66934,8464,88591,33217,781
Interest Payable82,65522,70712,39414,2007,205
Interest Receivable47241222218
Pre-Tax Profit272,48512,143-7,50877,35410,795
Tax-68,121-2,307-14,697-2,051
Profit After Tax204,3649,836-7,50862,6578,744
Dividends Paid
Retained Profit204,3649,836-7,50862,6578,744
Employee Costs96,27390,48042,142
Number Of Employees221
EBITDA*360,00840,31910,38593,83217,781

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2021Dec 2020Dec 2019Nov 2018
Tangible Assets44,05348,73122,00027,500
Intangible Assets
Investments & Other2,669,3491,585,765296,900296,900296,900
Debtors (Due After 1 year)
Total Fixed Assets2,713,4021,634,496318,900324,400296,900
Stock & work in progress
Trade Debtors9,74817,411
Group Debtors4,616
Misc Debtors138,12511,138200200200
Cash17,9642,3331,0601,06058,213
misc current assets
total current assets170,45313,4711,2601,26075,824
total assets2,883,8551,647,967320,160325,660372,724
Bank overdraft97,40035,0007,0007,0007,000
Bank loan
Trade Creditors 5,267517
Group/Directors Accounts977,272818,5599,80428,006
other short term finances
hp & lease commitments
other current liabilities38,20837,66342,97718,784149,795
total current liabilities1,118,147891,22259,78153,790157,312
loans1,372,031492,533192,106200,269206,468
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions55,53856,7084,180
total long term liabilities1,427,569549,241196,286200,269206,468
total liabilities2,545,7161,440,463256,067254,059363,780
net assets338,139207,50464,09371,6018,944
total shareholders funds338,139207,50464,09371,6018,944
Dec 2023Dec 2021Dec 2020Dec 2019Nov 2018
Operating Activities
Operating Profit354,66934,8464,88591,33217,781
Depreciation5,3395,4735,5002,500
Amortisation
Tax-68,121-2,307-14,697-2,051
Stock
Debtors152,48910,938-17,41117,611
Creditors5,267-517517
Accruals and Deferred Income38,208-5,31424,193-131,011149,795
Deferred Taxes & Provisions55,53852,5284,180
Cash flow from operations238,41174,28838,758-34,982148,431
Investing Activities
capital expenditure-49,392-32,204-30,000
Change in Investments2,669,3491,288,865296,900
cash flow from investments-2,718,741-1,321,069-30,000-296,900
Financing Activities
Bank loans
Group/Directors Accounts977,272808,755-18,20228,006
Other Short Term Loans
Long term loans1,372,031300,427-8,163-6,199206,468
Hire Purchase and Lease Commitments
other long term liabilities
share issue133,775133,575200
interest-82,183-22,703-12,393-13,978-6,987
cash flow from financing2,400,8951,220,054-38,7587,829199,681
cash and cash equivalents
cash17,9641,273-57,15358,213
overdraft97,40028,0007,000
change in cash-79,436-26,727-57,15351,213

glt property holdings ltd 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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Glt Property Holdings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for glt property holdings ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WN3 area or any other competitors across 12 key performance metrics.

glt property holdings ltd Ownership

GLT PROPERTY HOLDINGS LTD group structure

Glt Property Holdings Ltd has no subsidiary companies.

Ultimate parent company

GLT PROPERTY HOLDINGS LTD

11083254

GLT PROPERTY HOLDINGS LTD Shareholders

gary matthew tyrer 50%
louise tyrer 50%

glt property holdings ltd directors

Glt Property Holdings Ltd currently has 2 directors. The longest serving directors include Mr Gary Tyrer (Nov 2017) and Mrs Louise Tyrer (Nov 2017).

officercountryagestartendrole
Mr Gary TyrerUnited Kingdom54 years Nov 2017- Director
Mrs Louise TyrerEngland46 years Nov 2017- Director

P&L

December 2023

turnover

211.4k

0%

operating profit

354.7k

0%

gross margin

27.1%

0%

turnover

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

Balance Sheet

December 2023

net assets

338.1k

0%

total assets

2.9m

0%

cash

18k

0%

net assets

Total assets minus all liabilities

glt property holdings ltd company details

company number

11083254

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

NRB

auditor

-

address

progress house, westwood park drive, wigan, WN3 4HH

Bank

-

Legal Advisor

-

glt property holdings 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 10 charges/mortgages relating to glt property holdings ltd. Currently there are 10 open charges and 0 have been satisfied in the past.

glt property holdings 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.

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glt property holdings ltd Companies House Filings - See Documents

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