grinford hurst ltd
grinford hurst ltd Company Information
Company Number
11293919
Website
-Registered Address
47 butt road, colchester, CO3 3BZ
Industry
Development of building projects
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
grinford developments ltd 66.7%
red fox real estate ltd 33.3%
grinford hurst ltd Estimated Valuation
Pomanda estimates the enterprise value of GRINFORD HURST LTD at £247.7k based on a Turnover of £172.8k and 1.43x industry multiple (adjusted for size and gross margin).
grinford hurst ltd Estimated Valuation
Pomanda estimates the enterprise value of GRINFORD HURST LTD at £122.2k based on an EBITDA of £31.7k and a 3.85x industry multiple (adjusted for size and gross margin).
grinford hurst ltd Estimated Valuation
Pomanda estimates the enterprise value of GRINFORD HURST LTD at £10.4k based on Net Assets of £8.7k and 1.19x industry multiple (adjusted for liquidity).
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Grinford Hurst Ltd Overview
Grinford Hurst Ltd is a live company located in colchester, CO3 3BZ with a Companies House number of 11293919. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2018, it's largest shareholder is grinford developments ltd with a 66.7% stake. Grinford Hurst Ltd is a young, micro sized company, Pomanda has estimated its turnover at £172.8k with declining growth in recent years.
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Grinford Hurst Ltd Health Check
Pomanda's financial health check has awarded Grinford Hurst Ltd 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £172.8k, make it smaller than the average company (£1.3m)
- Grinford Hurst Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (2.8%)
- Grinford Hurst Ltd
2.8% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (56.1%)
- Grinford Hurst Ltd
56.1% - Industry AVG
Profitability
an operating margin of 18.4% make it as profitable than the average company (20.1%)
- Grinford Hurst Ltd
20.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Grinford Hurst Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Grinford Hurst Ltd
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £57.6k, this is less efficient (£221k)
- Grinford Hurst Ltd
£221k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (28 days)
- Grinford Hurst Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 415 days, this is slower than average (32 days)
- Grinford Hurst Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grinford Hurst Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Grinford Hurst Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (68.8%)
98.2% - Grinford Hurst Ltd
68.8% - Industry AVG
GRINFORD HURST LTD financials
Grinford Hurst Ltd's latest turnover from August 2023 is estimated at £172.8 thousand and the company has net assets of £8.7 thousand. According to their latest financial statements, Grinford Hurst Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 458,007 | 458,007 | 458,007 | 348,007 | 348,007 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 458,007 | 458,007 | 458,007 | 348,007 | 348,007 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,023 | 17,724 | 21,578 | 57,054 | 5,787 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,023 | 17,724 | 21,578 | 57,054 | 5,787 |
| total assets | 481,030 | 475,731 | 479,585 | 405,061 | 353,794 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 153,068 | 162,369 | 157,050 | 128,332 | 127,449 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 153,068 | 162,369 | 157,050 | 128,332 | 127,449 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 319,214 | 328,424 | 341,020 | 275,000 | 225,000 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 319,214 | 328,424 | 341,020 | 275,000 | 225,000 |
| total liabilities | 472,282 | 490,793 | 498,070 | 403,332 | 352,449 |
| net assets | 8,748 | -15,062 | -18,485 | 1,729 | 1,345 |
| total shareholders funds | 8,748 | -15,062 | -18,485 | 1,729 | 1,345 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,299 | -3,854 | -35,476 | 51,267 | 5,787 |
| Creditors | -9,301 | 5,319 | 28,718 | 883 | 127,449 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,210 | -12,596 | 66,020 | 50,000 | 225,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
grinford hurst ltd Credit Report and Business Information
Grinford Hurst Ltd Competitor Analysis
Perform a competitor analysis for grinford hurst ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CO3 area or any other competitors across 12 key performance metrics.
grinford hurst ltd Ownership
GRINFORD HURST LTD group structure
Grinford Hurst Ltd has no subsidiary companies.
grinford hurst ltd directors
Grinford Hurst Ltd currently has 3 directors. The longest serving directors include Mr Stephen Hursthouse (Apr 2018) and Mr Alex Crawford (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Hursthouse | United Kingdom | 48 years | Apr 2018 | - | Director |
| Mr Alex Crawford | England | 38 years | Apr 2018 | - | Director |
| Mr William Grinsted | England | 38 years | Apr 2018 | - | Director |
P&L
August 2023turnover
172.8k
+10%
operating profit
31.7k
0%
gross margin
22.1%
+1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
8.7k
-1.58%
total assets
481k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
grinford hurst ltd company details
company number
11293919
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
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
April 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
47 butt road, colchester, CO3 3BZ
accountant
-
auditor
-
grinford hurst 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 2 charges/mortgages relating to grinford hurst ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
grinford hurst ltd Companies House Filings - See Documents
| date | description | view/download |
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