london gold centre ltd

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london gold centre ltd Company Information

Share LONDON GOLD CENTRE LTD

Company Number

11873870

Shareholders

aranan perinpanathan

Group Structure

View All

Industry

Wholesale of watches and jewellery

 +2

Registered Address

5 hatton garden, holborn, london, united kingdom, EC1N 8AA

london gold centre ltd Estimated Valuation

£229.9k

Pomanda estimates the enterprise value of LONDON GOLD CENTRE LTD at £229.9k based on a Turnover of £389.1k and 0.59x industry multiple (adjusted for size and gross margin).

london gold centre ltd Estimated Valuation

£45.9k

Pomanda estimates the enterprise value of LONDON GOLD CENTRE LTD at £45.9k based on an EBITDA of £13.1k and a 3.51x industry multiple (adjusted for size and gross margin).

london gold centre ltd Estimated Valuation

£19.6k

Pomanda estimates the enterprise value of LONDON GOLD CENTRE LTD at £19.6k based on Net Assets of £11.7k and 1.67x industry multiple (adjusted for liquidity).

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London Gold Centre Ltd Overview

London Gold Centre Ltd is a live company located in london, EC1N 8AA with a Companies House number of 11873870. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in March 2019, it's largest shareholder is aranan perinpanathan with a 100% stake. London Gold Centre Ltd is a young, micro sized company, Pomanda has estimated its turnover at £389.1k with unknown growth in recent years.

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London Gold Centre Ltd Health Check

Pomanda's financial health check has awarded London Gold Centre 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 Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £389.1k, make it smaller than the average company (£26.6m)

£389.1k - London Gold Centre Ltd

£26.6m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - London Gold Centre Ltd

- - Industry AVG

production

Production

with a gross margin of 28.8%, this company has a comparable cost of product (28.8%)

28.8% - London Gold Centre Ltd

28.8% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (4.3%)

3.2% - London Gold Centre Ltd

4.3% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (41)

3 - London Gold Centre Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)

£46.4k - London Gold Centre Ltd

£46.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £129.7k, this is less efficient (£379.4k)

£129.7k - London Gold Centre Ltd

£379.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (38 days)

0 days - London Gold Centre Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (23 days)

1 days - London Gold Centre Ltd

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - London Gold Centre Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)

6 weeks - London Gold Centre Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.1%, this is a higher level of debt than the average (49.9%)

84.1% - London Gold Centre Ltd

49.9% - Industry AVG

LONDON GOLD CENTRE LTD financials

EXPORTms excel logo

London Gold Centre Ltd's latest turnover from March 2024 is estimated at £389.1 thousand and the company has net assets of £11.7 thousand. According to their latest financial statements, London Gold Centre Ltd has 3 employees and maintains cash reserves of £7.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover389,052690,134
Other Income Or Grants
Cost Of Sales277,172472,483
Gross Profit111,881217,651
Admin Expenses99,354215,076
Operating Profit12,5272,575
Interest Payable
Interest Receivable26358
Pre-Tax Profit12,7892,633
Tax-3,197-500
Profit After Tax9,5922,133
Dividends Paid
Retained Profit9,5922,133
Employee Costs139,226125,709
Number Of Employees33
EBITDA*13,0683,116

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets1,6232,164
Intangible Assets
Investments & Other111
Debtors (Due After 1 year)
Total Fixed Assets1,6232,164111
Stock & work in progress
Trade Debtors443
Group Debtors
Misc Debtors64,4623,610
Cash7,2572,752
misc current assets
total current assets72,1626,362
total assets73,7858,526111
Bank overdraft
Bank loan
Trade Creditors 1,2423,692
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities60,8172,700
total current liabilities62,0596,392
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities62,0596,392
net assets11,7262,134111
total shareholders funds11,7262,134111
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit12,5272,575
Depreciation541541
Amortisation
Tax-3,197-500
Stock
Debtors61,2953,610
Creditors-2,4503,692
Accruals and Deferred Income58,1172,700
Deferred Taxes & Provisions
Cash flow from operations4,2435,398
Investing Activities
capital expenditure-2,705
Change in Investments-11
cash flow from investments-2,704-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest26358
cash flow from financing263581
cash and cash equivalents
cash4,5052,752
overdraft
change in cash4,5052,752

london gold centre 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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London Gold Centre Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for london gold centre ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EC1N area or any other competitors across 12 key performance metrics.

london gold centre ltd Ownership

LONDON GOLD CENTRE LTD group structure

London Gold Centre Ltd has no subsidiary companies.

Ultimate parent company

LONDON GOLD CENTRE LTD

11873870

LONDON GOLD CENTRE LTD Shareholders

aranan perinpanathan 100%

london gold centre ltd directors

London Gold Centre Ltd currently has 4 directors. The longest serving directors include Mr Aranan Perinpanathan (Mar 2019) and Mr Mafaz Mohamed (Mar 2022).

officercountryagestartendrole
Mr Aranan PerinpanathanEngland42 years Mar 2019- Director
Mr Mafaz MohamedEngland49 years Mar 2022- Director
Mr Mohamed Mohamed IrfanEngland40 years Mar 2022- Director
Mr Mafaz MohamedEngland49 years Mar 2022- Director

P&L

March 2024

turnover

389.1k

-44%

operating profit

12.5k

0%

gross margin

28.8%

-8.82%

turnover

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

Balance Sheet

March 2024

net assets

11.7k

+4.49%

total assets

73.8k

+7.65%

cash

7.3k

+1.64%

net assets

Total assets minus all liabilities

london gold centre ltd company details

company number

11873870

Type

Private limited with Share Capital

industry

32120 - Manufacture of jewellery and related articles

46480 - Wholesale of watches and jewellery

24410 - Precious metals production

incorporation date

March 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

5 hatton garden, holborn, london, united kingdom, EC1N 8AA

Bank

-

Legal Advisor

-

london gold centre 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 london gold centre ltd.

london gold centre 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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london gold centre ltd Companies House Filings - See Documents

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