Pomanda estimates the enterprise value of GOING LTD at £631.2k based on a Turnover of £1.2m and 0.51x industry multiple (adjusted for size and gross margin).
going ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GOING LTD at £0 based on an EBITDA of £-47.5k and a 3.38x industry multiple (adjusted for size and gross margin).
going ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GOING LTD at £0 based on Net Assets of £-433.4k and 1.96x industry multiple (adjusted for liquidity).
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Going LtdOverview
Going Ltd is a live company located in london, EC3N 2EX with a Companies House number of 11310151. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2018, it's largest shareholder is
vincenzo bianchi
with a 100% stake. Going Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Going Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.2m, make it in line with the average company (£1.2m)
£1.2m - Going Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8%)
20% - Going Ltd
8% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (42%)
20.6% - Going Ltd
42% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (6.4%)
-3.9% - Going Ltd
6.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - Going Ltd
15 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
£34.5k - Going Ltd
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £204.9k, this is more efficient (£104.2k)
£204.9k - Going Ltd
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (31 days)
0 days - Going Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 465 days, this is slower than average (41 days)
465 days - Going Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Going Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Going Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 153.3%, this is a higher level of debt than the average (48.1%)
153.3% - Going Ltd
48.1% - Industry AVG
GOING LTD financials
EXPORT
Going Ltd's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of -£433.4 thousand. According to their latest financial statements, we estimate that Going Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
1,229,490
1,104,763
949,394
713,464
799,620
Other Income Or Grants
Cost Of Sales
976,144
884,541
772,926
584,009
647,759
Gross Profit
253,346
220,221
176,469
129,456
151,861
Admin Expenses
300,823
275,874
166,224
157,420
456,077
6,469
Operating Profit
-47,477
-55,653
10,245
-27,964
-304,216
-6,469
Interest Payable
Interest Receivable
Pre-Tax Profit
-47,477
-55,653
10,245
-27,964
-304,216
-6,469
Tax
-1,947
Profit After Tax
-47,477
-55,653
8,298
-27,964
-304,216
-6,469
Dividends Paid
Retained Profit
-47,477
-55,653
8,298
-27,964
-304,216
-6,469
Employee Costs
206,972
197,378
156,409
29,687
29,603
28,461
Number Of Employees
6
6
5
1
1
1
EBITDA*
-47,477
-55,653
10,245
-27,964
-304,216
-6,469
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
807,111
854,588
880,273
933,389
923,009
589,475
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
807,111
854,588
880,273
933,389
923,009
589,475
Stock & work in progress
Trade Debtors
1,533
1,533
5,411
64
22,128
33,193
Group Debtors
Misc Debtors
4,011
4,011
Cash
misc current assets
total current assets
5,544
5,544
5,411
64
22,128
33,193
total assets
812,655
860,132
885,684
933,453
945,137
622,668
Bank overdraft
Bank loan
Trade Creditors
1,243,708
1,243,708
1,215,932
1,269,713
1,253,165
626,326
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,243,708
1,243,708
1,215,932
1,269,713
1,253,165
626,326
loans
hp & lease commitments
Accruals and Deferred Income
2,325
2,325
2,286
2,555
2,707
other liabilities
provisions
total long term liabilities
2,325
2,325
2,287
2,555
2,708
total liabilities
1,246,033
1,246,033
1,215,932
1,272,000
1,255,720
629,034
net assets
-433,378
-385,901
-330,248
-338,547
-310,583
-6,367
total shareholders funds
-433,378
-385,901
-330,248
-338,547
-310,583
-6,367
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-47,477
-55,653
10,245
-27,964
-304,216
-6,469
Depreciation
Amortisation
Tax
-1,947
Stock
Debtors
134
5,347
-22,064
-11,065
33,192
Creditors
27,776
-53,781
16,549
626,838
626,326
Accruals and Deferred Income
2,325
-2,286
-269
-152
2,707
Deferred Taxes & Provisions
Cash flow from operations
-47,477
-25,686
-53,116
10,380
333,535
589,372
Investing Activities
capital expenditure
47,477
25,685
53,116
-10,380
-333,534
-589,475
Change in Investments
cash flow from investments
47,477
25,685
53,116
-10,380
-333,534
-589,475
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
102
interest
cash flow from financing
102
cash and cash equivalents
cash
overdraft
change in cash
going ltd 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 going ltd. Get real-time insights into going ltd's credit score, group structure and payment trends.
Perform a competitor analysis for going ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC3N area or any other competitors across 12 key performance metrics.
going ltd Ownership
GOING LTD group structure
Going Ltd has no subsidiary companies.
Ultimate parent company
GOING LTD
11310151
GOING LTD Shareholders
The sole shareholder of Going Ltd is Vincenzo Bianchi.
vincenzo bianchi
100%
going ltd directors
Going Ltd currently has 1 director, Mr Donato Parete serving since Nov 2022.
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 going ltd.
going 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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