providence gate titan limited
providence gate titan limited Company Information
Company Number
12827932
Next Accounts
184 days late
Shareholders
providence gate group holdings limited
titan business park limited
Group Structure
View All
Industry
Development of building projects
Registered Address
unit 7 lockside office park, riversway, preston, PR2 2YS
Website
providencegate.comprovidence gate titan limited Estimated Valuation
Pomanda estimates the enterprise value of PROVIDENCE GATE TITAN LIMITED at £1.1m based on a Turnover of £2.2m and 0.5x industry multiple (adjusted for size and gross margin).
providence gate titan limited Estimated Valuation
Pomanda estimates the enterprise value of PROVIDENCE GATE TITAN LIMITED at £0 based on an EBITDA of £-1.3m and a 3.93x industry multiple (adjusted for size and gross margin).
providence gate titan limited Estimated Valuation
Pomanda estimates the enterprise value of PROVIDENCE GATE TITAN LIMITED at £5.9m based on Net Assets of £4.2m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Providence Gate Titan Limited Overview
Providence Gate Titan Limited is a live company located in preston, PR2 2YS with a Companies House number of 12827932. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2020, it's largest shareholder is providence gate group holdings limited with a 50% stake. Providence Gate Titan Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with unknown growth in recent years.
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Providence Gate Titan Limited Health Check
Pomanda's financial health check has awarded Providence Gate Titan 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
2 Strong
4 Regular
4 Weak
Size
annual sales of £2.2m, make it in line with the average company (£2.2m)
- Providence Gate Titan Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Providence Gate Titan Limited
- - Industry AVG
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
- Providence Gate Titan Limited
26.7% - Industry AVG
Profitability
an operating margin of -60% make it less profitable than the average company (9.7%)
- Providence Gate Titan Limited
9.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Providence Gate Titan Limited
7 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Providence Gate Titan Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£277.5k)
- Providence Gate Titan Limited
£277.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Providence Gate Titan Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (30 days)
- Providence Gate Titan Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 319 days, this is more than average (163 days)
- Providence Gate Titan Limited
163 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)
8 weeks - Providence Gate Titan Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.4%, this is a similar level of debt than the average (74.3%)
67.4% - Providence Gate Titan Limited
74.3% - Industry AVG
PROVIDENCE GATE TITAN LIMITED financials
Providence Gate Titan Limited's latest turnover from December 2022 is estimated at £2.2 million and the company has net assets of £4.2 million. According to their latest financial statements, Providence Gate Titan Limited has 2 employees and maintains cash reserves of £106.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Aug 2021 | |
|---|---|---|
| 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 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Aug 2021 | |
|---|---|---|
| Tangible Assets | 10,570,000 | |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 10,570,000 | |
| Stock & work in progress | 1,401,080 | |
| Trade Debtors | 4 | |
| Group Debtors | 698,197 | |
| Misc Debtors | 18,091 | |
| Cash | 106,272 | |
| misc current assets | ||
| total current assets | 2,223,640 | 4 |
| total assets | 12,793,640 | 4 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 377,544 | |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 267,228 | |
| total current liabilities | 644,772 | |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 6,662,300 | |
| provisions | 1,309,141 | |
| total long term liabilities | 7,971,441 | |
| total liabilities | 8,616,213 | |
| net assets | 4,177,427 | 4 |
| total shareholders funds | 4,177,427 | 4 |
| Dec 2022 | Aug 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 1,401,080 | |
| Debtors | 716,284 | 4 |
| Creditors | 377,544 | |
| Accruals and Deferred Income | 267,228 | |
| Deferred Taxes & Provisions | 1,309,141 | |
| 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 | 6,662,300 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 106,272 | |
| overdraft | ||
| change in cash | 106,272 |
providence gate titan limited Credit Report and Business Information
Providence Gate Titan Limited Competitor Analysis
Perform a competitor analysis for providence gate titan limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PR2 area or any other competitors across 12 key performance metrics.
providence gate titan limited Ownership
PROVIDENCE GATE TITAN LIMITED group structure
Providence Gate Titan Limited has no subsidiary companies.
Ultimate parent company
PROVIDENCE GATE TITAN LIMITED
12827932
providence gate titan limited directors
Providence Gate Titan Limited currently has 4 directors. The longest serving directors include Mr Anthony Hayton (Aug 2020) and Mr Charles Openshaw (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Hayton | England | 60 years | Aug 2020 | - | Director |
| Mr Charles Openshaw | England | 48 years | Aug 2020 | - | Director |
| Mrs Nichola Halverson | England | 45 years | May 2024 | - | Director |
| Mr Faisal Kamil | England | 46 years | May 2024 | - | Director |
P&L
December 2022turnover
2.2m
+5244300%
operating profit
-1.3m
0%
gross margin
26.7%
+11.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.2m
+1044355.75%
total assets
12.8m
+3198409%
cash
106.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
providence gate titan limited company details
company number
12827932
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
providence gate titon limited (July 2024)
accountant
STUDHOLME-BELL LIMITED
auditor
-
address
unit 7 lockside office park, riversway, preston, PR2 2YS
Bank
-
Legal Advisor
-
providence gate titan 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 found 1 charges/mortgages relating to providence gate titan limited. Currently there are 1 open charges and 0 have been satisfied in the past.
providence gate titan 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 PROVIDENCE GATE TITAN LIMITED. This can take several minutes, an email will notify you when this has completed.
providence gate titan limited Companies House Filings - See Documents
| date | description | view/download |
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