goddard u/w limited
goddard u/w limited Company Information
Company Number
12878876
Website
-Registered Address
3 castlegate, grantham, lincolnshire, NG31 6SF
Industry
Non-life insurance
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Geoffrey Goddard4 Years
Shareholders
geoffrey peter goddard 100%
goddard u/w limited Estimated Valuation
Pomanda estimates the enterprise value of GODDARD U/W LIMITED at £2.4m based on a Turnover of £3.7m and 0.64x industry multiple (adjusted for size and gross margin).
goddard u/w limited Estimated Valuation
Pomanda estimates the enterprise value of GODDARD U/W LIMITED at £7.2m based on an EBITDA of £739.7k and a 9.67x industry multiple (adjusted for size and gross margin).
goddard u/w limited Estimated Valuation
Pomanda estimates the enterprise value of GODDARD U/W LIMITED at £403.1k based on Net Assets of £278.2k and 1.45x industry multiple (adjusted for liquidity).
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Goddard U/w Limited Overview
Goddard U/w Limited is a live company located in lincolnshire, NG31 6SF with a Companies House number of 12878876. It operates in the non-life insurance sector, SIC Code 65120. Founded in September 2020, it's largest shareholder is geoffrey peter goddard with a 100% stake. Goddard U/w Limited is a startup, small sized company, Pomanda has estimated its turnover at £3.7m with unknown growth in recent years.
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Goddard U/w Limited Health Check
Pomanda's financial health check has awarded Goddard U/W Limited a 3.5 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
4 Regular
3 Weak
Size
annual sales of £3.7m, make it larger than the average company (£2m)
£3.7m - Goddard U/w Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Goddard U/w Limited
- - Industry AVG
Production
with a gross margin of 99.4%, this company has a comparable cost of product (99.4%)
99.4% - Goddard U/w Limited
99.4% - Industry AVG
Profitability
an operating margin of 20% make it as profitable than the average company (17.9%)
20% - Goddard U/w Limited
17.9% - Industry AVG
Employees
with 23 employees, this is below the industry average (33)
- Goddard U/w Limited
33 - Industry AVG
Pay Structure
on an average salary of £64.8k, the company has an equivalent pay structure (£64.8k)
- Goddard U/w Limited
£64.8k - Industry AVG
Efficiency
resulting in sales per employee of £161k, this is equally as efficient (£165.6k)
- Goddard U/w Limited
£165.6k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (219 days)
17 days - Goddard U/w Limited
219 days - Industry AVG
Creditor Days
its suppliers are paid after 15425 days, this is slower than average (318 days)
15425 days - Goddard U/w Limited
318 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Goddard U/w Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (17 weeks)
10 weeks - Goddard U/w Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.5%, this is a higher level of debt than the average (82.6%)
97.5% - Goddard U/w Limited
82.6% - Industry AVG
GODDARD U/W LIMITED financials
Goddard U/W Limited's latest turnover from December 2023 is £3.7 million and the company has net assets of £278.2 thousand. According to their latest financial statements, we estimate that Goddard U/W Limited has 23 employees and maintains cash reserves of £538.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 3,701,917 | 2,793,878 | 941,754 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | 655,787 | -200,136 | -92,063 |
| Tax | -84,691 | -285 | -508 |
| Profit After Tax | 571,096 | -200,421 | -92,571 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 571,096 | -200,421 | -92,571 |
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 7,834,303 | 3,977,756 | 1,617,096 |
| Intangible Assets | 120,754 | 296,998 | 379,048 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 7,955,057 | 4,274,754 | 1,996,144 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 179,703 | 66,793 | 26,812 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 538,198 | 331,721 | 236,279 |
| misc current assets | 31,103 | 12,387 | 4,246 |
| total current assets | 3,063,712 | 2,051,164 | 1,127,205 |
| total assets | 11,018,769 | 6,325,918 | 3,123,349 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 969,270 | 673,681 | 317,022 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 2,668,602 | 1,724,785 | 1,230,007 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 8,071,963 | 4,894,025 | 1,985,813 |
| total liabilities | 10,740,565 | 6,618,810 | 3,215,820 |
| net assets | 278,204 | -292,892 | -92,471 |
| total shareholders funds | 278,204 | -292,892 | -92,471 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | |||
| Tax | -84,691 | -285 | -508 |
| Stock | 0 | 0 | 0 |
| Debtors | 112,910 | 39,981 | 26,812 |
| Creditors | 295,589 | 356,659 | 317,022 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 206,477 | 95,442 | 236,279 |
| overdraft | 0 | 0 | 0 |
| change in cash | 206,477 | 95,442 | 236,279 |
goddard u/w limited Credit Report and Business Information
Goddard U/w Limited Competitor Analysis
Perform a competitor analysis for goddard u/w limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NG31 area or any other competitors across 12 key performance metrics.
goddard u/w limited Ownership
GODDARD U/W LIMITED group structure
Goddard U/W Limited has no subsidiary companies.
Ultimate parent company
GODDARD U/W LIMITED
12878876
goddard u/w limited directors
Goddard U/W Limited currently has 1 director, Mr Geoffrey Goddard serving since Sep 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Geoffrey Goddard | England | 65 years | Sep 2020 | - | Director |
P&L
December 2023turnover
3.7m
+33%
operating profit
739.7k
0%
gross margin
99.4%
+1.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
278.2k
-1.95%
total assets
11m
+0.74%
cash
538.2k
+0.62%
net assets
Total assets minus all liabilities
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goddard u/w limited company details
company number
12878876
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
September 2020
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
HUMPHREY & CO AUDIT SERVICES LTD
address
3 castlegate, grantham, lincolnshire, NG31 6SF
Bank
-
Legal Advisor
-
goddard u/w 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 goddard u/w limited. Currently there are 1 open charges and 0 have been satisfied in the past.
goddard u/w limited Companies House Filings - See Documents
| date | description | view/download |
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