Pomanda estimates the enterprise value of GRITSTONE LTD at £266.6k based on a Turnover of £126.3k and 2.11x industry multiple (adjusted for size and gross margin).
gritstone ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GRITSTONE LTD at £0 based on an EBITDA of £-6.5k and a 4.31x industry multiple (adjusted for size and gross margin).
gritstone ltdEstimated Valuation
£10.3k
Pomanda estimates the enterprise value of GRITSTONE LTD at £10.3k based on Net Assets of £6.4k and 1.6x industry multiple (adjusted for liquidity).
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Gritstone LtdOverview
Gritstone Ltd is a live company located in derbyshire, SK13 7DL with a Companies House number of 11689610. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2018, it's largest shareholder is
richard clemmey
with a 50% stake. Gritstone Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£126.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Gritstone 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
Health Rating1out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £126.3k, make it smaller than the average company (£834.9k)
£126.3k - Gritstone Ltd
£834.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.7%)
-1% - Gritstone Ltd
2.7% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (71.2%)
28.2% - Gritstone Ltd
71.2% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (25.9%)
-5.1% - Gritstone Ltd
25.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Gritstone Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
£34.5k - Gritstone Ltd
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £126.3k, this is less efficient (£182.8k)
£126.3k - Gritstone Ltd
£182.8k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (29 days)
31 days - Gritstone Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 965 days, this is slower than average (33 days)
965 days - Gritstone Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gritstone Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gritstone Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.4%, this is a higher level of debt than the average (66.5%)
97.4% - Gritstone Ltd
66.5% - Industry AVG
GRITSTONE LTD financials
EXPORT
Gritstone Ltd's latest turnover from November 2023 is estimated at £126.3 thousand and the company has net assets of £6.4 thousand. According to their latest financial statements, we estimate that Gritstone Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Turnover
126,273
371,451
308,240
128,224
50,416
Other Income Or Grants
Cost Of Sales
90,724
267,511
228,581
96,691
37,288
Gross Profit
35,549
103,940
79,659
31,533
13,129
Admin Expenses
42,026
94,807
78,818
21,654
16,601
Operating Profit
-6,477
9,133
841
9,879
-3,472
Interest Payable
Interest Receivable
34
63
216
Pre-Tax Profit
-6,477
9,133
875
9,942
-3,256
Tax
-1,735
-166
-1,889
Profit After Tax
-6,477
7,398
709
8,053
-3,256
Dividends Paid
Retained Profit
-6,477
7,398
709
8,053
-3,256
Employee Costs
34,526
34,355
32,307
65,228
68,699
Number Of Employees
1
1
1
2
2
EBITDA*
-6,477
9,133
841
9,879
-3,472
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Tangible Assets
239,000
239,000
239,000
239,000
239,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
239,000
239,000
239,000
239,000
239,000
Stock & work in progress
Trade Debtors
11,001
77,170
67,723
554
Group Debtors
Misc Debtors
100
231
Cash
67,954
57,521
misc current assets
total current assets
11,001
77,170
67,723
68,054
58,306
total assets
250,001
316,170
306,723
307,054
297,306
Bank overdraft
Bank loan
Trade Creditors
240,000
300,000
300,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
302,157
300,462
total current liabilities
240,000
300,000
300,000
302,157
300,462
loans
hp & lease commitments
Accruals and Deferred Income
900
900
1,074
other liabilities
provisions
2,674
2,366
143
total long term liabilities
3,574
3,266
1,217
total liabilities
243,574
303,266
301,217
302,157
300,462
net assets
6,427
12,904
5,506
4,897
-3,156
total shareholders funds
6,427
12,904
5,506
4,897
-3,156
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Operating Activities
Operating Profit
-6,477
9,133
841
9,879
-3,472
Depreciation
Amortisation
Tax
-1,735
-166
-1,889
Stock
Debtors
-66,169
9,447
67,623
-685
785
Creditors
-60,000
300,000
Accruals and Deferred Income
-174
-301,083
1,695
300,462
Deferred Taxes & Provisions
308
2,223
143
Cash flow from operations
-67,888
10,370
296,205
Investing Activities
capital expenditure
-239,000
Change in Investments
cash flow from investments
-239,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
34
63
216
cash flow from financing
-66
63
316
cash and cash equivalents
cash
-67,954
10,433
57,521
overdraft
change in cash
-67,954
10,433
57,521
gritstone 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 gritstone ltd. Get real-time insights into gritstone ltd's credit score, group structure and payment trends.
Perform a competitor analysis for gritstone ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK13 area or any other competitors across 12 key performance metrics.
gritstone ltd Ownership
GRITSTONE LTD group structure
Gritstone Ltd has no subsidiary companies.
Ultimate parent company
GRITSTONE LTD
11689610
GRITSTONE LTD Shareholders
The largest shareholders in Gritstone Ltd include Richard Clemmey and Richard Beck.
richard clemmey
50%
richard beck
50%
gritstone ltd directors
Gritstone Ltd currently has 2 directors.
The longest serving directors include
Mr Richard Beck (Nov 2018) and
Mr Richard Clemmey (Nov 2018).
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
7
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
27 fitzalan street, glossop, derbyshire, SK13 7DL
Bank
-
Legal Advisor
-
gritstone 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 gritstone ltd.
gritstone 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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gritstone ltdCompanies House Filings - See Documents
