goonhilly holdings ltd
goonhilly holdings ltd Company Information
Company Number
11305066
Next Accounts
42 days late
Shareholders
trustees of hargreaves family no 10 settlement
ian martin jones
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
goonhilly downs helston, cornwall, TR12 6LQ
goonhilly holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of GOONHILLY HOLDINGS LTD at £5.1m based on a Turnover of £4.3m and 1.18x industry multiple (adjusted for size and gross margin).
goonhilly holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of GOONHILLY HOLDINGS LTD at £2.5m based on an EBITDA of £505.2k and a 4.92x industry multiple (adjusted for size and gross margin).
goonhilly holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of GOONHILLY HOLDINGS LTD at £9.2m based on Net Assets of £7.1m and 1.31x industry multiple (adjusted for liquidity).
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Goonhilly Holdings Ltd Overview
Goonhilly Holdings Ltd is a live company located in cornwall, TR12 6LQ with a Companies House number of 11305066. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2018, it's largest shareholder is trustees of hargreaves family no 10 settlement with a 45.8% stake. Goonhilly Holdings Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.3m with healthy growth in recent years.
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Goonhilly Holdings Ltd Health Check
Pomanda's financial health check has awarded Goonhilly Holdings Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £4.3m, make it smaller than the average company (£18.5m)
- Goonhilly Holdings Ltd
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.9%)
- Goonhilly Holdings Ltd
7.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Goonhilly Holdings Ltd
34.8% - Industry AVG
Profitability
an operating margin of -41.6% make it less profitable than the average company (4.9%)
- Goonhilly Holdings Ltd
4.9% - Industry AVG
Employees
with 42 employees, this is below the industry average (103)
42 - Goonhilly Holdings Ltd
103 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Goonhilly Holdings Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £103.1k, this is less efficient (£183.8k)
- Goonhilly Holdings Ltd
£183.8k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (45 days)
- Goonhilly Holdings Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (45 days)
- Goonhilly Holdings Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Goonhilly Holdings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (15 weeks)
24 weeks - Goonhilly Holdings Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.8%, this is a lower level of debt than the average (68.7%)
60.8% - Goonhilly Holdings Ltd
68.7% - Industry AVG
GOONHILLY HOLDINGS LTD financials
Goonhilly Holdings Ltd's latest turnover from May 2023 is estimated at £4.3 million and the company has net assets of £7.1 million. According to their latest financial statements, Goonhilly Holdings Ltd has 42 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 1,135,145 | 913,179 | 844,178 | 715,937 | 39,270 | |
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 42 | 44 | 46 | 45 | 29 | 21 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 10,029,251 | 10,996,099 | 12,141,029 | 10,618,221 | 7,209,432 | 5,044,405 |
| Intangible Assets | 5,279,230 | 6,349,896 | 7,420,562 | 8,491,227 | 9,531,750 | |
| Investments & Other | 10,597,321 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 15,308,481 | 17,345,995 | 19,561,591 | 19,109,448 | 16,741,182 | 15,641,726 |
| Stock & work in progress | ||||||
| Trade Debtors | 377,300 | 195,889 | 174,724 | 211,396 | 124,075 | 79,865 |
| Group Debtors | ||||||
| Misc Debtors | 879,688 | 533,213 | 558,196 | 503,288 | 717,138 | 10,887,153 |
| Cash | 1,492,283 | 2,424,228 | 3,314,325 | 4,966,981 | 7,963,856 | 692,675 |
| misc current assets | ||||||
| total current assets | 2,749,271 | 3,153,330 | 4,047,245 | 5,681,665 | 8,805,069 | 11,659,693 |
| total assets | 18,057,752 | 20,499,325 | 23,608,836 | 24,791,113 | 25,546,251 | 27,301,419 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 352,942 | 277,454 | 52,182 | 333,054 | 734,122 | 272,592 |
| Group/Directors Accounts | 39,000 | 39,000 | ||||
| other short term finances | 1,762,164 | |||||
| hp & lease commitments | 51,010 | 8,564 | 8,564 | 8,564 | ||
| other current liabilities | 1,018,210 | 1,103,699 | 1,884,682 | 1,826,095 | 1,809,417 | 2,768,940 |
| total current liabilities | 3,133,316 | 1,432,163 | 1,945,428 | 2,206,713 | 2,591,103 | 3,041,532 |
| loans | 7,841,195 | 9,279,132 | 8,843,479 | 8,210,894 | 7,873,246 | 7,160,950 |
| hp & lease commitments | 51,010 | 59,574 | 68,138 | |||
| Accruals and Deferred Income | 345,359 | 248,275 | 384,237 | 533,420 | ||
| other liabilities | 4,905 | |||||
| provisions | 446,943 | |||||
| total long term liabilities | 7,841,195 | 9,279,132 | 9,239,848 | 8,518,743 | 8,330,526 | 8,141,313 |
| total liabilities | 10,974,511 | 10,711,295 | 11,185,276 | 10,725,456 | 10,921,629 | 11,182,845 |
| net assets | 7,083,241 | 9,788,030 | 12,423,560 | 14,065,657 | 14,624,622 | 16,118,574 |
| total shareholders funds | 7,083,241 | 9,788,030 | 12,423,560 | 14,065,657 | 14,624,622 | 16,118,574 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 1,236,101 | 1,276,757 | 761,836 | 520,519 | ||
| Amortisation | 1,070,666 | 1,070,666 | 1,070,665 | 1,065,996 | ||
| Tax | ||||||
| Stock | ||||||
| Debtors | 527,886 | -3,818 | 18,236 | -126,529 | -10,125,805 | 10,967,018 |
| Creditors | 75,488 | 225,272 | -280,872 | -401,068 | 461,530 | 272,592 |
| Accruals and Deferred Income | -85,489 | -1,126,342 | 155,671 | -119,284 | -1,108,706 | 3,302,360 |
| Deferred Taxes & Provisions | -446,943 | 446,943 | ||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -10,597,321 | 10,597,321 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -39,000 | 39,000 | ||||
| Other Short Term Loans | 1,762,164 | |||||
| Long term loans | -1,437,937 | 435,653 | 632,585 | 337,648 | 712,296 | 7,160,950 |
| Hire Purchase and Lease Commitments | -51,010 | -8,564 | -8,564 | -8,564 | 76,702 | |
| other long term liabilities | -4,905 | 4,905 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -931,945 | -890,097 | -1,652,656 | -2,996,875 | 7,271,181 | 692,675 |
| overdraft | ||||||
| change in cash | -931,945 | -890,097 | -1,652,656 | -2,996,875 | 7,271,181 | 692,675 |
goonhilly holdings ltd Credit Report and Business Information
Goonhilly Holdings Ltd Competitor Analysis
Perform a competitor analysis for goonhilly holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in TR12 area or any other competitors across 12 key performance metrics.
goonhilly holdings ltd Ownership
GOONHILLY HOLDINGS LTD group structure
Goonhilly Holdings Ltd has no subsidiary companies.
Ultimate parent company
GOONHILLY HOLDINGS LTD
11305066
goonhilly holdings ltd directors
Goonhilly Holdings Ltd currently has 4 directors. The longest serving directors include Mr Matthew Cosby (Apr 2018) and Mr Piran Trezise (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Cosby | 51 years | Apr 2018 | - | Director | |
| Mr Piran Trezise | United Kingdom | 54 years | Apr 2018 | - | Director |
| Mr Kenn Jorgensen | United Kingdom | 60 years | Apr 2018 | - | Director |
| Mr Remko Bijtjes | 53 years | May 2022 | - | Director |
P&L
May 2023turnover
4.3m
+23%
operating profit
-1.8m
0%
gross margin
34.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
7.1m
-0.28%
total assets
18.1m
-0.12%
cash
1.5m
-0.38%
net assets
Total assets minus all liabilities
Similar Companies
goonhilly holdings ltd company details
company number
11305066
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2023
previous names
N/A
accountant
BISHOP FLEMING
auditor
-
address
goonhilly downs helston, cornwall, TR12 6LQ
Bank
-
Legal Advisor
-
goonhilly 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 3 charges/mortgages relating to goonhilly holdings ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
goonhilly 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.
Click to start generating capital raising & share issue transactions for GOONHILLY HOLDINGS LTD. This can take several minutes, an email will notify you when this has completed.
goonhilly holdings ltd Companies House Filings - See Documents
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