goldway developers (sub) limited
goldway developers (sub) limited Company Information
Group Structure
View All
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
49 ewart grove, london, N22 5NY
Website
-goldway developers (sub) limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDWAY DEVELOPERS (SUB) LIMITED at £6.2m based on a Turnover of £2.4m and 2.56x industry multiple (adjusted for size and gross margin).
goldway developers (sub) limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDWAY DEVELOPERS (SUB) LIMITED at £0 based on an EBITDA of £-2.6k and a 5x industry multiple (adjusted for size and gross margin).
goldway developers (sub) limited Estimated Valuation
Pomanda estimates the enterprise value of GOLDWAY DEVELOPERS (SUB) LIMITED at £0 based on Net Assets of £-52.4k and 1.75x industry multiple (adjusted for liquidity).
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Goldway Developers (sub) Limited Overview
Goldway Developers (sub) Limited is a live company located in london, N22 5NY with a Companies House number of 11256902. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2018, it's largest shareholder is goldway developers ltd with a 100% stake. Goldway Developers (sub) Limited is a young, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Goldway Developers (sub) Limited Health Check
Pomanda's financial health check has awarded Goldway Developers (Sub) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £2.4m, make it larger than the average company (£955.2k)
- Goldway Developers (sub) Limited
£955.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.7%)
- Goldway Developers (sub) Limited
4.7% - Industry AVG
Production
with a gross margin of 31.4%, this company has a higher cost of product (72.7%)
- Goldway Developers (sub) Limited
72.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (25.8%)
- Goldway Developers (sub) Limited
25.8% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
- Goldway Developers (sub) Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- Goldway Developers (sub) Limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £401.6k, this is more efficient (£184.3k)
- Goldway Developers (sub) Limited
£184.3k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (32 days)
- Goldway Developers (sub) Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 256 days, this is slower than average (37 days)
- Goldway Developers (sub) Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Goldway Developers (sub) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Goldway Developers (sub) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102%, this is a higher level of debt than the average (68.2%)
102% - Goldway Developers (sub) Limited
68.2% - Industry AVG
GOLDWAY DEVELOPERS (SUB) LIMITED financials
Goldway Developers (Sub) Limited's latest turnover from January 2024 is estimated at £2.4 million and the company has net assets of -£52.4 thousand. According to their latest financial statements, we estimate that Goldway Developers (Sub) Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| 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
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 |
| Intangible Assets | ||||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 2,100,001 | 2,100,001 | 2,100,001 | 2,100,001 | 2,100,001 | 2,100,001 |
| Stock & work in progress | ||||||
| Trade Debtors | 526,597 | 528,318 | 568,769 | 576,411 | 525,433 | 526,007 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 526,597 | 528,318 | 568,769 | 576,411 | 525,433 | 526,007 |
| total assets | 2,626,598 | 2,628,319 | 2,668,770 | 2,676,412 | 2,625,434 | 2,626,008 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 1,162,766 | 1,156,377 | 1,156,377 | 1,148,849 | 1,165,370 | 1,169,199 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 1,162,766 | 1,156,377 | 1,156,377 | 1,148,849 | 1,165,370 | 1,169,199 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 720 | 720 | 720 | 720 | 720 | 600 |
| other liabilities | 1,515,554 | 1,521,108 | 1,526,519 | 1,525,889 | 1,475,889 | 1,481,369 |
| provisions | ||||||
| total long term liabilities | 1,516,274 | 1,521,828 | 1,527,239 | 1,526,609 | 1,476,609 | 1,481,969 |
| total liabilities | 2,679,040 | 2,678,205 | 2,683,616 | 2,675,458 | 2,641,979 | 2,651,168 |
| net assets | -52,442 | -49,886 | -14,846 | 954 | -16,545 | -25,160 |
| total shareholders funds | -52,442 | -49,886 | -14,846 | 954 | -16,545 | -25,160 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -1,721 | -40,451 | -7,642 | 50,978 | -574 | 526,007 |
| Creditors | 6,389 | 7,528 | -16,521 | -3,829 | 1,169,199 | |
| Accruals and Deferred Income | 120 | 600 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 1 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -5,554 | -5,411 | 630 | 50,000 | -5,480 | 1,481,369 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
goldway developers (sub) limited Credit Report and Business Information
Goldway Developers (sub) Limited Competitor Analysis
Perform a competitor analysis for goldway developers (sub) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N22 area or any other competitors across 12 key performance metrics.
goldway developers (sub) limited Ownership
GOLDWAY DEVELOPERS (SUB) LIMITED group structure
Goldway Developers (Sub) Limited has no subsidiary companies.
Ultimate parent company
GOLDWAY DEVELOPERS (SUB) LIMITED
11256902
goldway developers (sub) limited directors
Goldway Developers (Sub) Limited currently has 1 director, Mr Neal Patel serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neal Patel | England | 28 years | Mar 2018 | - | Director |
P&L
January 2024turnover
2.4m
+13%
operating profit
-2.6k
0%
gross margin
31.5%
+11.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-52.4k
+0.05%
total assets
2.6m
0%
cash
0
0%
net assets
Total assets minus all liabilities
goldway developers (sub) limited company details
company number
11256902
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
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
49 ewart grove, london, N22 5NY
Bank
-
Legal Advisor
-
goldway developers (sub) 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 goldway developers (sub) limited.
goldway developers (sub) 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 GOLDWAY DEVELOPERS (SUB) LIMITED. This can take several minutes, an email will notify you when this has completed.
goldway developers (sub) limited Companies House Filings - See Documents
| date | description | view/download |
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