gross finance limited
gross finance limited Company Information
Company Number
12153588
Website
-Registered Address
60 chardmore road, london, N16 6JH
Industry
Activities of mortgage finance companies
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Joel Gross5 Years
Shareholders
joel gross 100%
gross finance limited Estimated Valuation
Pomanda estimates the enterprise value of GROSS FINANCE LIMITED at £331.3k based on a Turnover of £187.7k and 1.76x industry multiple (adjusted for size and gross margin).
gross finance limited Estimated Valuation
Pomanda estimates the enterprise value of GROSS FINANCE LIMITED at £755.7k based on an EBITDA of £119.8k and a 6.31x industry multiple (adjusted for size and gross margin).
gross finance limited Estimated Valuation
Pomanda estimates the enterprise value of GROSS FINANCE LIMITED at £186.1k based on Net Assets of £80.5k and 2.31x industry multiple (adjusted for liquidity).
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Gross Finance Limited Overview
Gross Finance Limited is a live company located in london, N16 6JH with a Companies House number of 12153588. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in August 2019, it's largest shareholder is joel gross with a 100% stake. Gross Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £187.7k with low growth in recent years.
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Gross Finance Limited Health Check
Pomanda's financial health check has awarded Gross Finance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £187.7k, make it smaller than the average company (£5.4m)
- Gross Finance Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.4%)
- Gross Finance Limited
5.4% - Industry AVG
Production
with a gross margin of 35.4%, this company has a comparable cost of product (35.4%)
- Gross Finance Limited
35.4% - Industry AVG
Profitability
an operating margin of 63.8% make it more profitable than the average company (16.2%)
- Gross Finance Limited
16.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Gross Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Gross Finance Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £187.7k, this is equally as efficient (£187.7k)
- Gross Finance Limited
£187.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gross Finance Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Gross Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gross Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (23 weeks)
59 weeks - Gross Finance Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.7%, this is a lower level of debt than the average (91.8%)
43.7% - Gross Finance Limited
91.8% - Industry AVG
GROSS FINANCE LIMITED financials
Gross Finance Limited's latest turnover from August 2023 is estimated at £187.7 thousand and the company has net assets of £80.5 thousand. According to their latest financial statements, Gross Finance Limited has 1 employee and maintains cash reserves of £71.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 71,695 | 37,878 | 11,980 | 10,000 |
| Cash | 71,124 | 2,645 | 1,539 | 27,435 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 142,819 | 40,523 | 13,519 | 37,435 |
| total assets | 142,819 | 40,523 | 13,519 | 37,435 |
| Bank overdraft | 39,729 | 46,357 | 50,000 | 50,000 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| 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 | 22,639 | 1,375 | 8,563 | 1,354 |
| total current liabilities | 62,368 | 47,732 | 58,563 | 51,354 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| total liabilities | 62,368 | 47,732 | 58,563 | 51,354 |
| net assets | 80,451 | -7,209 | -45,044 | -13,919 |
| total shareholders funds | 80,451 | -7,209 | -45,044 | -13,919 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 33,817 | 25,898 | 1,980 | 10,000 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 21,264 | -7,188 | 7,209 | 1,354 |
| 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 | 0 | 0 | 0 | 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 | 68,479 | 1,106 | -25,896 | 27,435 |
| overdraft | -6,628 | -3,643 | 0 | 50,000 |
| change in cash | 75,107 | 4,749 | -25,896 | -22,565 |
gross finance limited Credit Report and Business Information
Gross Finance Limited Competitor Analysis
Perform a competitor analysis for gross finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.
gross finance limited Ownership
GROSS FINANCE LIMITED group structure
Gross Finance Limited has no subsidiary companies.
Ultimate parent company
GROSS FINANCE LIMITED
12153588
gross finance limited directors
Gross Finance Limited currently has 1 director, Mr Joel Gross serving since Aug 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joel Gross | England | 39 years | Aug 2019 | - | Director |
P&L
August 2023turnover
187.7k
+17%
operating profit
119.8k
0%
gross margin
35.4%
-21.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
80.5k
-12.16%
total assets
142.8k
+2.52%
cash
71.1k
+25.89%
net assets
Total assets minus all liabilities
gross finance limited company details
company number
12153588
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
August 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
60 chardmore road, london, N16 6JH
Bank
-
Legal Advisor
-
gross finance limited 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 gross finance limited.
gross finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
