goldway developers (sub) limited

Live YoungSmallDeclining

goldway developers (sub) limited Company Information

Share GOLDWAY DEVELOPERS (SUB) LIMITED

Company Number

11256902

Directors

Neal Patel

Shareholders

goldway developers ltd

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

£6.2m

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

£0

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

£0

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.4m, make it larger than the average company (£955.2k)

£2.4m - Goldway Developers (sub) Limited

£955.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.7%)

-1% - Goldway Developers (sub) Limited

4.7% - Industry AVG

production

Production

with a gross margin of 31.4%, this company has a higher cost of product (72.7%)

31.4% - Goldway Developers (sub) Limited

72.7% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (25.8%)

-0.1% - Goldway Developers (sub) Limited

25.8% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Goldway Developers (sub) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Goldway Developers (sub) Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £401.6k, this is more efficient (£184.3k)

£401.6k - Goldway Developers (sub) Limited

£184.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (32 days)

79 days - Goldway Developers (sub) Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 256 days, this is slower than average (37 days)

256 days - Goldway Developers (sub) Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Goldway Developers (sub) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Goldway Developers (sub) Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019
Turnover2,409,4452,128,6702,143,7962,456,6732,617,0282,461,357
Other Income Or Grants
Cost Of Sales1,651,8251,526,8491,543,4981,755,3841,889,0001,726,931
Gross Profit757,620601,821600,298701,289728,028734,426
Admin Expenses760,176636,861616,098679,685717,392759,586
Operating Profit-2,556-35,040-15,80021,60410,636-25,160
Interest Payable
Interest Receivable
Pre-Tax Profit-2,556-35,040-15,80021,60410,636-25,160
Tax-4,105-2,021
Profit After Tax-2,556-35,040-15,80017,4998,615-25,160
Dividends Paid
Retained Profit-2,556-35,040-15,80017,4998,615-25,160
Employee Costs195,156154,180179,206189,331226,432191,678
Number Of Employees656787
EBITDA*-2,556-35,040-15,80021,60410,636-25,160

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019
Tangible Assets2,100,0002,100,0002,100,0002,100,0002,100,0002,100,000
Intangible Assets
Investments & Other111111
Debtors (Due After 1 year)
Total Fixed Assets2,100,0012,100,0012,100,0012,100,0012,100,0012,100,001
Stock & work in progress
Trade Debtors526,597528,318568,769576,411525,433526,007
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets526,597528,318568,769576,411525,433526,007
total assets2,626,5982,628,3192,668,7702,676,4122,625,4342,626,008
Bank overdraft
Bank loan
Trade Creditors 1,162,7661,156,3771,156,3771,148,8491,165,3701,169,199
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,162,7661,156,3771,156,3771,148,8491,165,3701,169,199
loans
hp & lease commitments
Accruals and Deferred Income720720720720720600
other liabilities1,515,5541,521,1081,526,5191,525,8891,475,8891,481,369
provisions
total long term liabilities1,516,2741,521,8281,527,2391,526,6091,476,6091,481,969
total liabilities2,679,0402,678,2052,683,6162,675,4582,641,9792,651,168
net assets-52,442-49,886-14,846954-16,545-25,160
total shareholders funds-52,442-49,886-14,846954-16,545-25,160
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019
Operating Activities
Operating Profit-2,556-35,040-15,80021,60410,636-25,160
Depreciation
Amortisation
Tax-4,105-2,021
Stock
Debtors-1,721-40,451-7,64250,978-574526,007
Creditors6,3897,528-16,521-3,8291,169,199
Accruals and Deferred Income120600
Deferred Taxes & Provisions
Cash flow from operations5,5545,411-630-50,0005,480618,632
Investing Activities
capital expenditure-2,100,000
Change in Investments1
cash flow from investments-2,100,001
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,554-5,41163050,000-5,4801,481,369
share issue
interest
cash flow from financing-5,554-5,41163050,000-5,4801,481,369
cash and cash equivalents
cash
overdraft
change in cash

goldway developers (sub) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for goldway developers (sub) limited. Get real-time insights into goldway developers (sub) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Goldway Developers (sub) Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

goldway developers ltd 100%

goldway developers (sub) limited directors

Goldway Developers (Sub) Limited currently has 1 director, Mr Neal Patel serving since Mar 2018.

officercountryagestartendrole
Mr Neal PatelEngland28 years Mar 2018- Director

P&L

January 2024

turnover

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 2024

net 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

None

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

datedescriptionview/download