ground truth holdings limited
ground truth holdings limited Company Information
Company Number
12187725
Next Accounts
Sep 2025
Shareholders
stewart kelly
k&e innovations fund i lp
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
suite 6, floor 2 congress house, 14 lyon road, harrow, middlesex, HA1 2EN
Website
-ground truth holdings limited Estimated Valuation
Pomanda estimates the enterprise value of GROUND TRUTH HOLDINGS LIMITED at £214.2k based on a Turnover of £191.6k and 1.12x industry multiple (adjusted for size and gross margin).
ground truth holdings limited Estimated Valuation
Pomanda estimates the enterprise value of GROUND TRUTH HOLDINGS LIMITED at £661.7k based on an EBITDA of £142.5k and a 4.64x industry multiple (adjusted for size and gross margin).
ground truth holdings limited Estimated Valuation
Pomanda estimates the enterprise value of GROUND TRUTH HOLDINGS LIMITED at £8.1m based on Net Assets of £6m and 1.34x industry multiple (adjusted for liquidity).
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Ground Truth Holdings Limited Overview
Ground Truth Holdings Limited is a live company located in harrow, HA1 2EN with a Companies House number of 12187725. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2019, it's largest shareholder is stewart kelly with a 28.3% stake. Ground Truth Holdings Limited is a young, micro sized company, Pomanda has estimated its turnover at £191.6k with unknown growth in recent years.
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Ground Truth Holdings Limited Health Check
Pomanda's financial health check has awarded Ground Truth Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
2 Weak
Size
annual sales of £191.6k, make it smaller than the average company (£18.9m)
- Ground Truth Holdings Limited
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ground Truth Holdings Limited
- - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
- Ground Truth Holdings Limited
36.3% - Industry AVG
Profitability
an operating margin of 74.4% make it more profitable than the average company (4.5%)
- Ground Truth Holdings Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (104)
1 - Ground Truth Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Ground Truth Holdings Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £191.6k, this is equally as efficient (£191.6k)
- Ground Truth Holdings Limited
£191.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ground Truth Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ground Truth Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ground Truth Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4679 weeks, this is more cash available to meet short term requirements (14 weeks)
4679 weeks - Ground Truth Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (69.6%)
0.1% - Ground Truth Holdings Limited
69.6% - Industry AVG
GROUND TRUTH HOLDINGS LIMITED financials
Ground Truth Holdings Limited's latest turnover from December 2023 is estimated at £191.6 thousand and the company has net assets of £6 million. According to their latest financial statements, Ground Truth Holdings Limited has 1 employee and maintains cash reserves of £275.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 101 | 101 | 101 | 100 |
| Debtors (Due After 1 year) | 5,731,180 | 2,894,146 | ||
| Total Fixed Assets | 5,731,281 | 2,894,247 | 101 | 100 |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | 1,701,029 | 337,292 | ||
| Misc Debtors | ||||
| Cash | 275,618 | 743 | ||
| misc current assets | ||||
| total current assets | 275,618 | 743 | 1,701,029 | 337,292 |
| total assets | 6,006,899 | 2,894,990 | 1,701,130 | 337,392 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | 1 | |||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 3,062 | 3,721 | 75,004 | |
| total current liabilities | 3,063 | 3,721 | 75,004 | |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 3,063 | 3,721 | 75,004 | |
| net assets | 6,003,836 | 2,891,269 | 1,701,130 | 262,388 |
| total shareholders funds | 6,003,836 | 2,891,269 | 1,701,130 | 262,388 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 2,837,034 | 1,193,117 | 1,363,737 | 337,292 |
| Creditors | ||||
| Accruals and Deferred Income | -659 | 3,721 | -75,004 | 75,004 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1 | 100 | ||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 1 | |||
| 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 | 274,875 | 743 | ||
| overdraft | ||||
| change in cash | 274,875 | 743 |
ground truth holdings limited Credit Report and Business Information
Ground Truth Holdings Limited Competitor Analysis
Perform a competitor analysis for ground truth holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
ground truth holdings limited Ownership
GROUND TRUTH HOLDINGS LIMITED group structure
Ground Truth Holdings Limited has no subsidiary companies.
Ultimate parent company
GROUND TRUTH HOLDINGS LIMITED
12187725
ground truth holdings limited directors
Ground Truth Holdings Limited currently has 3 directors. The longest serving directors include Mr Stewart Kelly (Sep 2019) and Mr Matthew Hunt (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stewart Kelly | England | 41 years | Sep 2019 | - | Director |
| Mr Matthew Hunt | England | 41 years | Jul 2020 | - | Director |
| Mr Peter O'Higgins | Scotland | 48 years | Feb 2022 | - | Director |
P&L
December 2023turnover
191.6k
+7%
operating profit
142.5k
0%
gross margin
36.4%
+0.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6m
+1.08%
total assets
6m
+1.07%
cash
275.6k
+369.95%
net assets
Total assets minus all liabilities
ground truth holdings limited company details
company number
12187725
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
EVOLVE ACCOUNTING AND TAX SOLUTIONS LTD
auditor
-
address
suite 6, floor 2 congress house, 14 lyon road, harrow, middlesex, HA1 2EN
Bank
-
Legal Advisor
-
ground truth holdings 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 ground truth holdings limited.
ground truth holdings 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.
Click to start generating capital raising & share issue transactions for GROUND TRUTH HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
ground truth holdings limited Companies House Filings - See Documents
| date | description | view/download |
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