good reason marketing limited Company Information
Group Structure
View All
Industry
Advertising agencies
Registered Address
19 grey road, altrincham, WA14 4BT
Website
-good reason marketing limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD REASON MARKETING LIMITED at £82k based on a Turnover of £179.1k and 0.46x industry multiple (adjusted for size and gross margin).
good reason marketing limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD REASON MARKETING LIMITED at £0 based on an EBITDA of £-5.1k and a 3.02x industry multiple (adjusted for size and gross margin).
good reason marketing limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD REASON MARKETING LIMITED at £0 based on Net Assets of £-10.6k and 1.92x industry multiple (adjusted for liquidity).
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Good Reason Marketing Limited Overview
Good Reason Marketing Limited is a live company located in altrincham, WA14 4BT with a Companies House number of 12166291. It operates in the advertising agencies sector, SIC Code 73110. Founded in August 2019, it's largest shareholder is james smith with a 100% stake. Good Reason Marketing Limited is a young, micro sized company, Pomanda has estimated its turnover at £179.1k with high growth in recent years.
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Good Reason Marketing Limited Health Check
Pomanda's financial health check has awarded Good Reason Marketing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
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2 Strong
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3 Regular
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4 Weak
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Size
annual sales of £179.1k, make it smaller than the average company (£7.5m)
- Good Reason Marketing Limited
£7.5m - Industry AVG
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Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.5%)
- Good Reason Marketing Limited
10.5% - Industry AVG
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Production
with a gross margin of 42.6%, this company has a comparable cost of product (42.6%)
- Good Reason Marketing Limited
42.6% - Industry AVG
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Profitability
an operating margin of -3% make it less profitable than the average company (4.9%)
- Good Reason Marketing Limited
4.9% - Industry AVG
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Employees
with 1 employees, this is below the industry average (36)
1 - Good Reason Marketing Limited
36 - Industry AVG
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Pay Structure
on an average salary of £65.2k, the company has an equivalent pay structure (£65.2k)
- Good Reason Marketing Limited
£65.2k - Industry AVG
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Efficiency
resulting in sales per employee of £179.1k, this is equally as efficient (£179.1k)
- Good Reason Marketing Limited
£179.1k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Good Reason Marketing Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Good Reason Marketing Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Good Reason Marketing Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (14 weeks)
36 weeks - Good Reason Marketing Limited
14 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 140.9%, this is a higher level of debt than the average (67.5%)
140.9% - Good Reason Marketing Limited
67.5% - Industry AVG
GOOD REASON MARKETING LIMITED financials
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Good Reason Marketing Limited's latest turnover from August 2024 is estimated at £179.1 thousand and the company has net assets of -£10.6 thousand. According to their latest financial statements, Good Reason Marketing Limited has 1 employee and maintains cash reserves of £25.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2024 | 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 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
---|---|---|---|---|---|
Tangible Assets | 99 | 499 | |||
Intangible Assets | |||||
Investments & Other | |||||
Debtors (Due After 1 year) | |||||
Total Fixed Assets | 99 | 499 | |||
Stock & work in progress | |||||
Trade Debtors | 17,496 | ||||
Group Debtors | |||||
Misc Debtors | |||||
Cash | 25,921 | 21,547 | 16,922 | 1 | |
misc current assets | |||||
total current assets | 25,921 | 21,547 | 16,922 | 17,496 | 1 |
total assets | 26,020 | 22,046 | 16,922 | 17,496 | 1 |
Bank overdraft | |||||
Bank loan | |||||
Trade Creditors | 20,041 | ||||
Group/Directors Accounts | |||||
other short term finances | |||||
hp & lease commitments | |||||
other current liabilities | 36,651 | 28,402 | 20,431 | ||
total current liabilities | 36,651 | 28,402 | 20,431 | 20,041 | |
loans | |||||
hp & lease commitments | |||||
Accruals and Deferred Income | |||||
other liabilities | |||||
provisions | |||||
total long term liabilities | |||||
total liabilities | 36,651 | 28,402 | 20,431 | 20,041 | |
net assets | -10,631 | -6,356 | -3,509 | -2,545 | 1 |
total shareholders funds | -10,631 | -6,356 | -3,509 | -2,545 | 1 |
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 400 | ||||
Amortisation | |||||
Tax | |||||
Stock | |||||
Debtors | -17,496 | 17,496 | |||
Creditors | -20,041 | 20,041 | |||
Accruals and Deferred Income | 8,249 | 7,971 | 20,431 | ||
Deferred Taxes & Provisions | |||||
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | |||||
cash flow from investments | |||||
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 | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | 4,374 | 4,625 | 16,922 | -1 | 1 |
overdraft | |||||
change in cash | 4,374 | 4,625 | 16,922 | -1 | 1 |
good reason marketing limited Credit Report and Business Information
Good Reason Marketing Limited Competitor Analysis
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Perform a competitor analysis for good reason marketing limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
good reason marketing limited Ownership
GOOD REASON MARKETING LIMITED group structure
Good Reason Marketing Limited has no subsidiary companies.
Ultimate parent company
GOOD REASON MARKETING LIMITED
12166291
good reason marketing limited directors
Good Reason Marketing Limited currently has 1 director, Mr James Smith serving since Aug 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Smith | United Kingdom | 74 years | Aug 2019 | - | Director |
P&L
August 2024turnover
179.1k
+2%
operating profit
-5.5k
0%
gross margin
42.7%
+1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
-10.6k
+0.67%
total assets
26k
+0.18%
cash
25.9k
+0.2%
net assets
Total assets minus all liabilities
good reason marketing limited company details
company number
12166291
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
August 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
-
address
19 grey road, altrincham, WA14 4BT
Bank
-
Legal Advisor
-
good reason marketing 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 good reason marketing limited.
good reason marketing limited 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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good reason marketing limited Companies House Filings - See Documents
date | description | view/download |
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