suite-102, oceanair house, 750-760 high road, leytonstone, london, E11 3BB
Website
-
gurkirpa developments ltdEstimated Valuation
£3.8m
Pomanda estimates the enterprise value of GURKIRPA DEVELOPMENTS LTD at £3.8m based on a Turnover of £1.9m and 2.01x industry multiple (adjusted for size and gross margin).
gurkirpa developments ltdEstimated Valuation
£10.8k
Pomanda estimates the enterprise value of GURKIRPA DEVELOPMENTS LTD at £10.8k based on an EBITDA of £2.5k and a 4.33x industry multiple (adjusted for size and gross margin).
gurkirpa developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GURKIRPA DEVELOPMENTS LTD at £0 based on Net Assets of £-32.6k and 1.51x industry multiple (adjusted for liquidity).
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Gurkirpa Developments LtdOverview
Gurkirpa Developments Ltd is a live company located in leytonstone, E11 3BB with a Companies House number of 11574092. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2018, it's largest shareholder is
gurvinder singh ahluwalia
with a 75% stake. Gurkirpa Developments Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.9m with
declining
growth in recent years.
Pomanda's financial health check has awarded Gurkirpa Developments Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.9m, make it larger than the average company (£850k)
£1.9m - Gurkirpa Developments Ltd
£850k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.6%)
-6% - Gurkirpa Developments Ltd
2.6% - Industry AVG
Production
with a gross margin of 26.1%, this company has a higher cost of product (69.6%)
26.1% - Gurkirpa Developments Ltd
69.6% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (26%)
0.1% - Gurkirpa Developments Ltd
26% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Gurkirpa Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
£37.2k - Gurkirpa Developments Ltd
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £932.3k, this is more efficient (£193.8k)
£932.3k - Gurkirpa Developments Ltd
£193.8k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (26 days)
124 days - Gurkirpa Developments Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 169 days, this is slower than average (30 days)
169 days - Gurkirpa Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gurkirpa Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gurkirpa Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.1%, this is a higher level of debt than the average (65.1%)
105.1% - Gurkirpa Developments Ltd
65.1% - Industry AVG
GURKIRPA DEVELOPMENTS LTD financials
EXPORT
Gurkirpa Developments Ltd's latest turnover from September 2023 is estimated at £1.9 million and the company has net assets of -£32.6 thousand. According to their latest financial statements, Gurkirpa Developments Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Turnover
1,864,654
1,795,123
1,900,212
2,266,923
2,311,916
Other Income Or Grants
Cost Of Sales
1,377,219
1,311,237
1,431,145
1,796,821
1,764,248
Gross Profit
487,435
483,887
469,067
470,102
547,668
Admin Expenses
484,939
482,302
419,477
531,175
562,532
Operating Profit
2,496
1,585
49,590
-61,073
-14,864
Interest Payable
Interest Receivable
Pre-Tax Profit
2,496
1,585
49,590
-61,073
-14,864
Tax
-624
-301
-9,422
Profit After Tax
1,872
1,284
40,168
-61,073
-14,864
Dividends Paid
Retained Profit
1,872
1,284
40,168
-61,073
-14,864
Employee Costs
74,479
76,387
108,500
113,844
162,455
Number Of Employees
2
2
3
3
4
EBITDA*
2,496
1,585
49,590
-61,073
-14,864
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
633,912
632,739
730,670
862,182
590,641
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
633,912
632,739
730,670
862,182
590,641
total assets
633,912
632,739
730,670
862,182
590,641
Bank overdraft
Bank loan
Trade Creditors
639,803
634,506
733,772
686,452
605,505
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
639,803
634,506
733,772
686,452
605,505
loans
hp & lease commitments
Accruals and Deferred Income
4,683
3,760
other liabilities
22,039
28,958
32,667
251,667
provisions
total long term liabilities
26,722
32,718
32,667
251,667
total liabilities
666,525
667,224
766,439
938,119
605,505
net assets
-32,613
-34,485
-35,769
-75,937
-14,864
total shareholders funds
-32,613
-34,485
-35,769
-75,937
-14,864
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Operating Activities
Operating Profit
2,496
1,585
49,590
-61,073
-14,864
Depreciation
Amortisation
Tax
-624
-301
-9,422
Stock
Debtors
1,173
-97,931
-131,512
271,541
590,641
Creditors
5,297
-99,266
47,320
80,947
605,505
Accruals and Deferred Income
923
3,760
Deferred Taxes & Provisions
Cash flow from operations
6,919
3,709
219,000
-251,667
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-6,919
-3,709
-219,000
251,667
share issue
interest
cash flow from financing
-6,919
-3,709
-219,000
251,667
cash and cash equivalents
cash
overdraft
change in cash
gurkirpa developments 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 gurkirpa developments ltd. Get real-time insights into gurkirpa developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for gurkirpa developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in E11 area or any other competitors across 12 key performance metrics.
gurkirpa developments ltd Ownership
GURKIRPA DEVELOPMENTS LTD group structure
Gurkirpa Developments Ltd has no subsidiary companies.
Ultimate parent company
GURKIRPA DEVELOPMENTS LTD
11574092
GURKIRPA DEVELOPMENTS LTD Shareholders
The largest shareholders in Gurkirpa Developments Ltd include Gurvinder Singh Ahluwalia and Paramdeep Singh Walia.
gurvinder singh ahluwalia
75%
paramdeep singh walia
15%
gurpraveen ahluwalia
10%
gurkirpa developments ltd directors
Gurkirpa Developments Ltd currently has 1 director, Mr Gurvinder Ahluwalia serving since Sep 2018.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023
net assets
-32.6k
-0.05%
total assets
633.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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gurkirpa developments ltd company details
company number
11574092
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
suite-102, oceanair house, 750-760 high road, leytonstone, london, E11 3BB
Bank
-
Legal Advisor
-
gurkirpa developments 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 gurkirpa developments ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
gurkirpa developments 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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gurkirpa developments ltdCompanies House Filings - See Documents
