garuba home ltd

2

garuba home ltd Company Information

Share GARUBA HOME LTD
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YoungMicroDeclining

Company Number

11670943

Website

-

Registered Address

26 jerningham road, norwich, NR5 0RE

Industry

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

December 2024

Group Structure

View All

Directors

Yusuf Garuba5 Years

Ivetta Garubova5 Years

Shareholders

yusuf garuba 50%

ivetta garubova 50%

garuba home ltd Estimated Valuation

£86.4k

Pomanda estimates the enterprise value of GARUBA HOME LTD at £86.4k based on a Turnover of £27.8k and 3.1x industry multiple (adjusted for size and gross margin).

garuba home ltd Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of GARUBA HOME LTD at £2.3m based on an EBITDA of £318.8k and a 7.09x industry multiple (adjusted for size and gross margin).

garuba home ltd Estimated Valuation

£462.7k

Pomanda estimates the enterprise value of GARUBA HOME LTD at £462.7k based on Net Assets of £285.6k and 1.62x industry multiple (adjusted for liquidity).

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Garuba Home Ltd Overview

Garuba Home Ltd is a live company located in norwich, NR5 0RE with a Companies House number of 11670943. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2018, it's largest shareholder is yusuf garuba with a 50% stake. Garuba Home Ltd is a young, micro sized company, Pomanda has estimated its turnover at £27.8k with declining growth in recent years.

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Garuba Home Ltd Health Check

Pomanda's financial health check has awarded Garuba Home Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £27.8k, make it smaller than the average company (£799k)

£27.8k - Garuba Home Ltd

£799k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (1.9%)

-44% - Garuba Home Ltd

1.9% - Industry AVG

production

Production

with a gross margin of 75%, this company has a comparable cost of product (75%)

75% - Garuba Home Ltd

75% - Industry AVG

profitability

Profitability

an operating margin of 1145.2% make it more profitable than the average company (36.8%)

1145.2% - Garuba Home Ltd

36.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Garuba Home Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Garuba Home Ltd

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.8k, this is less efficient (£169k)

£27.8k - Garuba Home Ltd

£169k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Garuba Home Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 607 days, this is slower than average (37 days)

607 days - Garuba Home Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Garuba Home Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Garuba Home Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.1%, this is a higher level of debt than the average (63.1%)

94.1% - Garuba Home Ltd

63.1% - Industry AVG

GARUBA HOME LTD financials

EXPORTms excel logo

Garuba Home Ltd's latest turnover from March 2023 is estimated at £27.8 thousand and the company has net assets of £285.6 thousand. According to their latest financial statements, we estimate that Garuba Home Ltd has 1 employee and maintains cash reserves of £22.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover27,83248,157142,483160,938704,893
Other Income Or Grants00000
Cost Of Sales6,95012,27435,30241,221184,251
Gross Profit20,88135,884107,181119,717520,642
Admin Expenses-297,838-137,349-49,44362,860523,395
Operating Profit318,719173,233156,62456,857-2,753
Interest Payable328,840201,867165,52876,8620
Interest Receivable8614014950
Pre-Tax Profit-9,260-28,233-8,854-20,000-2,753
Tax00000
Profit After Tax-9,260-28,233-8,854-20,000-2,753
Dividends Paid00000
Retained Profit-9,260-28,233-8,854-20,000-2,753
Employee Costs30,37328,79253,66854,78554,115
Number Of Employees11222
EBITDA*318,849173,615157,12157,100-2,753

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets0130512728411,932
Intangible Assets00000
Investments & Other4,788,2344,453,9004,170,4003,660,8000
Debtors (Due After 1 year)00000
Total Fixed Assets4,788,2344,454,0304,170,9123,661,528411,932
Stock & work in progress00000
Trade Debtors000060,094
Group Debtors00000
Misc Debtors4,6258,7123,94100
Cash22,06618,44788,39410,5820
misc current assets00000
total current assets26,69127,15992,33510,58260,094
total assets4,814,9254,481,1894,263,2473,672,110472,026
Bank overdraft00000
Bank loan00000
Trade Creditors 11,56020,85268,309424474,779
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities1,143,1591,049,217914,777819,6650
total current liabilities1,154,7191,070,069983,086820,089474,779
loans3,342,2203,074,1672,907,0702,520,0760
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities32,38742,09450,00000
provisions00000
total long term liabilities3,374,6073,116,2612,957,0702,520,0760
total liabilities4,529,3264,186,3303,940,1563,340,165474,779
net assets285,599294,859323,091331,945-2,753
total shareholders funds285,599294,859323,091331,945-2,753
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit318,719173,233156,62456,857-2,753
Depreciation1303824972430
Amortisation00000
Tax00000
Stock00000
Debtors-4,0874,7713,941-60,09460,094
Creditors-9,292-47,45767,885-474,355474,779
Accruals and Deferred Income93,942134,44095,112819,6650
Deferred Taxes & Provisions00000
Cash flow from operations407,586255,827316,177462,504411,932
Investing Activities
capital expenditure00-281410,961-411,932
Change in Investments334,334283,500509,6003,660,8000
cash flow from investments-334,334-283,500-509,881-3,249,839-411,932
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans268,053167,097386,9942,520,0760
Hire Purchase and Lease Commitments00000
other long term liabilities-9,707-7,90650,00000
share issue010354,6980
interest-327,979-201,466-165,479-76,8570
cash flow from financing-69,633-42,274271,5152,797,9170
cash and cash equivalents
cash3,619-69,94777,81210,5820
overdraft00000
change in cash3,619-69,94777,81210,5820

garuba home ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Garuba Home Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for garuba home ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NR5 area or any other competitors across 12 key performance metrics.

garuba home ltd Ownership

GARUBA HOME LTD group structure

Garuba Home Ltd has no subsidiary companies.

Ultimate parent company

GARUBA HOME LTD

11670943

GARUBA HOME LTD Shareholders

yusuf garuba 50%
ivetta garubova 50%

garuba home ltd directors

Garuba Home Ltd currently has 2 directors. The longest serving directors include Dr Yusuf Garuba (Nov 2018) and Mrs Ivetta Garubova (Nov 2018).

officercountryagestartendrole
Dr Yusuf GarubaUnited Kingdom62 years Nov 2018- Director
Mrs Ivetta Garubova62 years Nov 2018- Director

P&L

March 2023

turnover

27.8k

-42%

operating profit

318.7k

0%

gross margin

75.1%

+0.69%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

285.6k

-0.03%

total assets

4.8m

+0.07%

cash

22.1k

+0.2%

net assets

Total assets minus all liabilities

garuba home ltd company details

company number

11670943

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

November 2018

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

INSIGHT ACCOUNTANCY SERVICES LTD

auditor

-

address

26 jerningham road, norwich, NR5 0RE

Bank

-

Legal Advisor

-

garuba home 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 12 charges/mortgages relating to garuba home ltd. Currently there are 12 open charges and 0 have been satisfied in the past.

charges

garuba home ltd Companies House Filings - See Documents

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