ga assets ltd
ga assets ltd Company Information
Company Number
11335469
Next Accounts
Jan 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
ajit singh sangha
gurmail singh dhanoa
Group Structure
View All
Contact
Registered Address
forde house nicholashayne, wellington, somerset, TA21 9QY
Website
-ga assets ltd Estimated Valuation
Pomanda estimates the enterprise value of GA ASSETS LTD at £93.9k based on a Turnover of £38.8k and 2.42x industry multiple (adjusted for size and gross margin).
ga assets ltd Estimated Valuation
Pomanda estimates the enterprise value of GA ASSETS LTD at £0 based on an EBITDA of £-25k and a 4.99x industry multiple (adjusted for size and gross margin).
ga assets ltd Estimated Valuation
Pomanda estimates the enterprise value of GA ASSETS LTD at £0 based on Net Assets of £-109.5k and 1.74x industry multiple (adjusted for liquidity).
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Ga Assets Ltd Overview
Ga Assets Ltd is a live company located in somerset, TA21 9QY with a Companies House number of 11335469. 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 ajit singh sangha with a 50% stake. Ga Assets Ltd is a young, micro sized company, Pomanda has estimated its turnover at £38.8k with rapid growth in recent years.
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Ga Assets Ltd Health Check
Pomanda's financial health check has awarded Ga Assets Ltd a 1 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
1 Regular
7 Weak
Size
annual sales of £38.8k, make it smaller than the average company (£799k)
- Ga Assets Ltd
£799k - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (2.1%)
- Ga Assets Ltd
2.1% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.4%)
- Ga Assets Ltd
72.4% - Industry AVG
Profitability
an operating margin of -64.4% make it less profitable than the average company (27%)
- Ga Assets Ltd
27% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Ga Assets Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Ga Assets Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £38.8k, this is less efficient (£175k)
- Ga Assets Ltd
£175k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (33 days)
- Ga Assets Ltd
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ga Assets Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ga Assets Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ga Assets Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 126.4%, this is a higher level of debt than the average (68%)
126.4% - Ga Assets Ltd
68% - Industry AVG
GA ASSETS LTD financials
Ga Assets Ltd's latest turnover from April 2023 is estimated at £38.8 thousand and the company has net assets of -£109.5 thousand. According to their latest financial statements, we estimate that Ga Assets Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Turnover | 5,613 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | 1,486 | ||||
| Interest Payable | 4,292 | ||||
| Interest Receivable | 7 | ||||
| Pre-Tax Profit | -2,799 | ||||
| Tax | 0 | ||||
| Profit After Tax | -2,799 | ||||
| Dividends Paid | 0 | ||||
| Retained Profit | -2,799 | ||||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* | 1,486 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 406,974 | 406,974 | 406,974 | 406,974 | 293,190 |
| 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 | 406,974 | 406,974 | 406,974 | 406,974 | 293,190 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,039 | 2,381 | 3,177 | 1,274 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 814 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,039 | 2,381 | 3,177 | 1,274 | 814 |
| total assets | 415,013 | 409,355 | 410,151 | 408,248 | 294,004 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 599 | 0 | 0 | 0 |
| 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 | 301 |
| total current liabilities | 0 | 599 | 0 | 0 | 301 |
| loans | 0 | 0 | 0 | 0 | 296,502 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 300 | 0 | 0 | 300 | 0 |
| other liabilities | 524,248 | 493,294 | 439,242 | 413,523 | 0 |
| provisions | 0 | 0 | 300 | 0 | 0 |
| total long term liabilities | 524,548 | 493,294 | 439,542 | 413,823 | 296,502 |
| total liabilities | 524,548 | 493,893 | 439,542 | 413,823 | 296,803 |
| net assets | -109,535 | -84,538 | -29,391 | -5,575 | -2,799 |
| total shareholders funds | -109,535 | -84,538 | -29,391 | -5,575 | -2,799 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 1,486 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,658 | -796 | 1,903 | 1,274 | 0 |
| Creditors | -599 | 599 | 0 | 0 | 0 |
| Accruals and Deferred Income | 300 | 0 | -300 | -1 | 301 |
| Deferred Taxes & Provisions | 0 | -300 | 300 | 0 | 0 |
| Cash flow from operations | 1,787 | ||||
| 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 | -296,502 | 296,502 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 30,954 | 54,052 | 25,719 | 413,523 | 0 |
| share issue | |||||
| interest | -4,285 | ||||
| cash flow from financing | 292,217 | ||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | -814 | 814 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -814 | 814 |
ga assets ltd Credit Report and Business Information
Ga Assets Ltd Competitor Analysis
Perform a competitor analysis for ga assets ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TA21 area or any other competitors across 12 key performance metrics.
ga assets ltd Ownership
GA ASSETS LTD group structure
Ga Assets Ltd has no subsidiary companies.
Ultimate parent company
GA ASSETS LTD
11335469
ga assets ltd directors
Ga Assets Ltd currently has 2 directors. The longest serving directors include Mr Gurmail Dhanoa (Apr 2018) and Mr Ajit Sangha (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurmail Dhanoa | England | 77 years | Apr 2018 | - | Director |
| Mr Ajit Sangha | England | 59 years | Apr 2018 | - | Director |
P&L
April 2023turnover
38.8k
+370%
operating profit
-25k
0%
gross margin
30%
+4.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-109.5k
+0.3%
total assets
415k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
ga assets ltd company details
company number
11335469
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
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
forde house nicholashayne, wellington, somerset, TA21 9QY
Bank
-
Legal Advisor
-
ga assets 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 4 charges/mortgages relating to ga assets ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
ga assets 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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ga assets ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
