Pomanda estimates the enterprise value of GRANTGANG LTD at £769.1k based on a Turnover of £339.7k and 2.26x industry multiple (adjusted for size and gross margin).
grantgang ltdEstimated Valuation
£3.4m
Pomanda estimates the enterprise value of GRANTGANG LTD at £3.4m based on an EBITDA of £635.2k and a 5.32x industry multiple (adjusted for size and gross margin).
grantgang ltdEstimated Valuation
£995.5k
Pomanda estimates the enterprise value of GRANTGANG LTD at £995.5k based on Net Assets of £618.6k and 1.61x industry multiple (adjusted for liquidity).
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Grantgang LtdOverview
Grantgang Ltd is a live company located in cambridge, CB2 1PH with a Companies House number of 11601886. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in October 2018, it's largest shareholder is
janine grant
with a 80% stake. Grantgang Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£339.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Grantgang Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £339.7k, make it smaller than the average company (£2.2m)
£339.7k - Grantgang Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.7%)
-10% - Grantgang Ltd
4.7% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
56.9% - Grantgang Ltd
56.9% - Industry AVG
Profitability
an operating margin of 187% make it more profitable than the average company (18.4%)
187% - Grantgang Ltd
18.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Grantgang Ltd
15 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
£35.6k - Grantgang Ltd
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £339.7k, this is more efficient (£183k)
£339.7k - Grantgang Ltd
£183k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (31 days)
62 days - Grantgang Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (35 days)
131 days - Grantgang Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 889 days, this is more than average (172 days)
889 days - Grantgang Ltd
172 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Grantgang Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.2%, this is a higher level of debt than the average (60.4%)
89.2% - Grantgang Ltd
60.4% - Industry AVG
GRANTGANG LTD financials
EXPORT
Grantgang Ltd's latest turnover from December 2023 is estimated at £339.7 thousand and the company has net assets of £618.6 thousand. According to their latest financial statements, Grantgang Ltd has 1 employee and maintains cash reserves of £8.6 thousand 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
339,654
140,563
127,963
469,368
119,131
119,083
Other Income Or Grants
Cost Of Sales
146,447
61,467
56,746
209,128
53,500
53,257
Gross Profit
193,208
79,096
71,217
260,240
65,631
65,826
Admin Expenses
-441,803
-736,523
45,286
161,651
-233,302
65,825
Operating Profit
635,011
815,619
25,931
98,589
298,933
1
Interest Payable
519,584
337,524
125,311
73,504
32,231
Interest Receivable
5,495
3,698
374
154
72
Pre-Tax Profit
120,921
481,794
-99,006
25,238
266,774
1
Tax
-30,230
-91,541
-4,795
-50,687
Profit After Tax
90,691
390,253
-99,006
20,443
216,087
1
Dividends Paid
Retained Profit
90,691
390,253
-99,006
20,443
216,087
1
Employee Costs
35,616
33,710
32,870
31,766
33,439
31,874
Number Of Employees
1
1
1
1
1
1
EBITDA*
635,242
815,927
26,342
98,917
298,933
1
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
693
924
1,232
1,643
289,729
Intangible Assets
Investments & Other
4,771,735
4,755,222
4,278,355
1,240,865
1,230,325
Debtors (Due After 1 year)
Total Fixed Assets
4,772,428
4,756,146
4,279,587
1,242,508
1,230,325
289,729
Stock & work in progress
356,741
189,472
234,263
251,954
86,892
Trade Debtors
58,246
12,910
4,783
109,279
10,272
Group Debtors
Misc Debtors
553,218
301,095
94,158
22,239
7,135
Cash
8,625
200,690
10,652
288,400
19,264
misc current assets
total current assets
976,830
704,167
343,856
671,872
113,291
10,272
total assets
5,749,258
5,460,313
4,623,443
1,914,380
1,343,616
300,001
Bank overdraft
Bank loan
Trade Creditors
52,824
31,991
46,995
51,994
38,086
Group/Directors Accounts
other short term finances
4,686,270
480,800
hp & lease commitments
other current liabilities
232,123
220,222
1,834,240
121,172
90,240
total current liabilities
4,971,217
733,013
1,881,235
173,166
128,326
loans
4,069,980
2,554,980
1,454,980
955,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
159,472
129,442
49,603
49,603
44,102
300,000
total long term liabilities
159,472
4,199,422
2,604,583
1,504,583
999,102
300,000
total liabilities
5,130,689
4,932,435
4,485,818
1,677,749
1,127,428
300,000
net assets
618,569
527,878
137,625
236,631
216,188
1
total shareholders funds
618,569
527,878
137,625
236,631
216,188
1
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
635,011
815,619
25,931
98,589
298,933
1
Depreciation
231
308
411
328
Amortisation
Tax
-30,230
-91,541
-4,795
-50,687
Stock
167,269
-44,791
-17,691
165,062
86,892
Debtors
297,459
215,064
-32,577
124,383
-3,137
10,272
Creditors
20,833
-15,004
-4,999
13,908
38,086
Accruals and Deferred Income
11,901
-1,614,018
1,713,068
30,932
90,240
Deferred Taxes & Provisions
30,030
79,839
5,501
-255,898
300,000
Cash flow from operations
203,048
-995,070
1,784,679
-144,982
36,919
289,729
Investing Activities
capital expenditure
-1,971
289,729
-289,729
Change in Investments
16,513
476,867
3,037,490
10,540
1,230,325
cash flow from investments
-16,513
-476,867
-3,037,490
-12,511
-940,596
-289,729
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
4,205,470
480,800
Long term loans
-4,069,980
1,515,000
1,100,000
499,980
955,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-514,089
-333,826
-124,937
-73,350
-32,159
cash flow from financing
-378,599
1,661,974
975,063
426,630
922,941
cash and cash equivalents
cash
-192,065
190,038
-277,748
269,136
19,264
overdraft
change in cash
-192,065
190,038
-277,748
269,136
19,264
grantgang 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 grantgang ltd. Get real-time insights into grantgang ltd's credit score, group structure and payment trends.
Perform a competitor analysis for grantgang ltd by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in CB2 area or any other competitors across 12 key performance metrics.
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
01110 - Growing of cereals (except rice), leguminous crops and oil seeds
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
botanic house 100 hills road, cambridge, CB2 1PH
Bank
-
Legal Advisor
-
grantgang 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 did not find charges/mortgages relating to grantgang ltd.
grantgang ltd Capital Raised & Share Issues BETA
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grantgang ltdCompanies House Filings - See Documents
