grv developments limited
grv developments limited Company Information
Company Number
11416240
Website
-Registered Address
the atkins building, lower bond street, hinckley, LE10 1QU
Industry
Buying and selling of own real estate
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
March 2025
Group Structure
View All
Shareholders
tom garvie 36%
alastair garvie 32%
View Allgrv developments limited Estimated Valuation
Pomanda estimates the enterprise value of GRV DEVELOPMENTS LIMITED at £423.5k based on a Turnover of £221.2k and 1.91x industry multiple (adjusted for size and gross margin).
grv developments limited Estimated Valuation
Pomanda estimates the enterprise value of GRV DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-14.3k and a 4.39x industry multiple (adjusted for size and gross margin).
grv developments limited Estimated Valuation
Pomanda estimates the enterprise value of GRV DEVELOPMENTS LIMITED at £117.3k based on Net Assets of £78k and 1.5x industry multiple (adjusted for liquidity).
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Grv Developments Limited Overview
Grv Developments Limited is a live company located in hinckley, LE10 1QU with a Companies House number of 11416240. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2018, it's largest shareholder is tom garvie with a 36% stake. Grv Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £221.2k with declining growth in recent years.
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Grv Developments Limited Health Check
Pomanda's financial health check has awarded Grv Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £221.2k, make it smaller than the average company (£869.7k)
- Grv Developments Limited
£869.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (2.2%)
- Grv Developments Limited
2.2% - Industry AVG
Production
with a gross margin of 29%, this company has a higher cost of product (71.8%)
- Grv Developments Limited
71.8% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (28.4%)
- Grv Developments Limited
28.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Grv Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
- Grv Developments Limited
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £221.2k, this is more efficient (£186.2k)
- Grv Developments Limited
£186.2k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (28 days)
- Grv Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (34 days)
- Grv Developments Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grv Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Grv Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.2%, this is a lower level of debt than the average (64%)
4.2% - Grv Developments Limited
64% - Industry AVG
GRV DEVELOPMENTS LIMITED financials
Grv Developments Limited's latest turnover from June 2023 is estimated at £221.2 thousand and the company has net assets of £78 thousand. According to their latest financial statements, Grv Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 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 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,257 | 28,946 | 34,982 | 0 | 0 |
| 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 | 1,257 | 28,946 | 34,982 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 80,184 | 669,145 | 708,183 | 376,469 | 308,144 |
| 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 | 80,184 | 669,145 | 708,183 | 376,469 | 308,144 |
| total assets | 81,441 | 698,091 | 743,165 | 376,469 | 308,144 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,418 | 12,058 | 34,570 | 350,154 | 285,974 |
| 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 | 3,418 | 12,058 | 34,570 | 350,154 | 285,974 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 1,150 | 1,150 |
| other liabilities | 0 | 593,677 | 581,230 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 593,677 | 581,230 | 1,150 | 1,150 |
| total liabilities | 3,418 | 605,735 | 615,800 | 351,304 | 287,124 |
| net assets | 78,023 | 92,356 | 127,365 | 25,165 | 21,020 |
| total shareholders funds | 78,023 | 92,356 | 127,365 | 25,165 | 21,020 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -588,961 | -39,038 | 331,714 | 68,325 | 308,144 |
| Creditors | -8,640 | -22,512 | -315,584 | 64,180 | 285,974 |
| Accruals and Deferred Income | 0 | 0 | -1,150 | 0 | 1,150 |
| 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 | -593,677 | 12,447 | 581,230 | 0 | 0 |
| 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 |
grv developments limited Credit Report and Business Information
Grv Developments Limited Competitor Analysis
Perform a competitor analysis for grv developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
grv developments limited Ownership
GRV DEVELOPMENTS LIMITED group structure
Grv Developments Limited has no subsidiary companies.
Ultimate parent company
GRV DEVELOPMENTS LIMITED
11416240
grv developments limited directors
Grv Developments Limited currently has 3 directors. The longest serving directors include Mrs Andrea Garvie (Jun 2018) and Mr Tom Garvie (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Andrea Garvie | England | 55 years | Jun 2018 | - | Director |
| Mr Tom Garvie | England | 29 years | Jun 2018 | - | Director |
| Mr Alastair Garvie | England | 55 years | Jun 2018 | - | Director |
P&L
June 2023turnover
221.2k
-90%
operating profit
-14.3k
0%
gross margin
29%
+1.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
78k
-0.16%
total assets
81.4k
-0.88%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
grv developments limited company details
company number
11416240
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
June 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
the atkins building, lower bond street, hinckley, LE10 1QU
last accounts submitted
June 2023
grv developments 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 grv developments limited.
grv developments limited Companies House Filings - See Documents
| date | description | view/download |
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