grand gyms ltd
grand gyms ltd Company Information
Company Number
11811138
Website
-Registered Address
21 feel fit templar's square, oxford, oxfordshire, OX43XQ
Industry
Fitness facilities
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
vahram papazyan 100%
grand gyms ltd Estimated Valuation
Pomanda estimates the enterprise value of GRAND GYMS LTD at £495.1k based on a Turnover of £409.9k and 1.21x industry multiple (adjusted for size and gross margin).
grand gyms ltd Estimated Valuation
Pomanda estimates the enterprise value of GRAND GYMS LTD at £568.8k based on an EBITDA of £135.7k and a 4.19x industry multiple (adjusted for size and gross margin).
grand gyms ltd Estimated Valuation
Pomanda estimates the enterprise value of GRAND GYMS LTD at £207.6k based on Net Assets of £58.1k and 3.57x industry multiple (adjusted for liquidity).
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Grand Gyms Ltd Overview
Grand Gyms Ltd is a live company located in oxfordshire, OX43XQ with a Companies House number of 11811138. It operates in the fitness facilities sector, SIC Code 93130. Founded in February 2019, it's largest shareholder is vahram papazyan with a 100% stake. Grand Gyms Ltd is a young, micro sized company, Pomanda has estimated its turnover at £409.9k with declining growth in recent years.
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Grand Gyms Ltd Health Check
Pomanda's financial health check has awarded Grand Gyms Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £409.9k, make it larger than the average company (£211.2k)
- Grand Gyms Ltd
£211.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1%)
- Grand Gyms Ltd
1% - Industry AVG
Production
with a gross margin of 84.5%, this company has a comparable cost of product (84.5%)
- Grand Gyms Ltd
84.5% - Industry AVG
Profitability
an operating margin of 3% make it more profitable than the average company (-5%)
- Grand Gyms Ltd
-5% - Industry AVG
Employees
with 11 employees, this is above the industry average (5)
11 - Grand Gyms Ltd
5 - Industry AVG
Pay Structure
on an average salary of £17.4k, the company has an equivalent pay structure (£17.4k)
- Grand Gyms Ltd
£17.4k - Industry AVG
Efficiency
resulting in sales per employee of £37.3k, this is less efficient (£58.6k)
- Grand Gyms Ltd
£58.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (15 days)
- Grand Gyms Ltd
15 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Grand Gyms Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grand Gyms Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Grand Gyms Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a similar level of debt than the average (92.5%)
93.2% - Grand Gyms Ltd
92.5% - Industry AVG
GRAND GYMS LTD financials
Grand Gyms Ltd's latest turnover from February 2023 is estimated at £409.9 thousand and the company has net assets of £58.1 thousand. According to their latest financial statements, Grand Gyms Ltd has 11 employees and maintains cash reserves of £3.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| 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 | 11 | 9 | 9 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Tangible Assets | 241,606 | 270,490 | 248,183 | 128,039 |
| Intangible Assets | 2,784 | 3,800 | 3,714 | 5,572 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 244,390 | 274,290 | 251,897 | 133,611 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 820 | 3,300 | 0 | 27,430 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 603,730 | 117,025 | 17,057 | 0 |
| Cash | 3,739 | 10,595 | 41,098 | 9,030 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 608,289 | 130,920 | 58,155 | 36,460 |
| total assets | 852,679 | 405,210 | 310,052 | 170,071 |
| Bank overdraft | 10,000 | 10,833 | 8,334 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 846 | 16,771 | 97,064 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 761,230 | 309,872 | 225,841 | 0 |
| total current liabilities | 771,230 | 321,551 | 250,946 | 97,064 |
| loans | 23,333 | 32,500 | 41,667 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 23,333 | 32,500 | 41,667 | 0 |
| total liabilities | 794,563 | 354,051 | 292,613 | 97,064 |
| net assets | 58,116 | 51,159 | 17,439 | 73,007 |
| total shareholders funds | 58,116 | 51,159 | 17,439 | 73,007 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 122,065 | 102,754 | 72,029 | 32,974 |
| Amortisation | 1,486 | 1,857 | 1,858 | 1,857 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 484,225 | 103,268 | -10,373 | 27,430 |
| Creditors | -846 | -15,925 | -80,293 | 97,064 |
| Accruals and Deferred Income | 451,358 | 84,031 | 225,841 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -9,167 | -9,167 | 41,667 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -6,856 | -30,503 | 32,068 | 9,030 |
| overdraft | -833 | 2,499 | 8,334 | 0 |
| change in cash | -6,023 | -33,002 | 23,734 | 9,030 |
grand gyms ltd Credit Report and Business Information
Grand Gyms Ltd Competitor Analysis
Perform a competitor analysis for grand gyms ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in OX4 area or any other competitors across 12 key performance metrics.
grand gyms ltd Ownership
GRAND GYMS LTD group structure
Grand Gyms Ltd has no subsidiary companies.
Ultimate parent company
GRAND GYMS LTD
11811138
grand gyms ltd directors
Grand Gyms Ltd currently has 2 directors. The longest serving directors include Mr Edwin Igweh (May 2019) and Mr Vahram Papazyan (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edwin Igweh | England | 48 years | May 2019 | - | Director |
| Mr Vahram Papazyan | 37 years | Jan 2020 | - | Director |
P&L
February 2023turnover
409.9k
+58%
operating profit
12.1k
0%
gross margin
84.6%
-11.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
58.1k
+0.14%
total assets
852.7k
+1.1%
cash
3.7k
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
grand gyms ltd company details
company number
11811138
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
February 2019
age
5
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
21 feel fit templar's square, oxford, oxfordshire, OX43XQ
last accounts submitted
February 2023
grand gyms 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 grand gyms ltd.
grand gyms ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
