goring hardware store limited
goring hardware store limited Company Information
Company Number
13150636
Website
-Registered Address
12 red cross road, goring, oxfordshire, RG8 9HG
Industry
Retail sale of hardware, paints and glass in specialised stores
Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores
Telephone
4.41904E+11
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
peter john mcdonald 50%
diana marianna mcdonald 50%
goring hardware store limited Estimated Valuation
Pomanda estimates the enterprise value of GORING HARDWARE STORE LIMITED at £236.8k based on a Turnover of £514.5k and 0.46x industry multiple (adjusted for size and gross margin).
goring hardware store limited Estimated Valuation
Pomanda estimates the enterprise value of GORING HARDWARE STORE LIMITED at £141.5k based on an EBITDA of £37.4k and a 3.78x industry multiple (adjusted for size and gross margin).
goring hardware store limited Estimated Valuation
Pomanda estimates the enterprise value of GORING HARDWARE STORE LIMITED at £0 based on Net Assets of £-28k and 3.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Goring Hardware Store Limited Overview
Goring Hardware Store Limited is a live company located in oxfordshire, RG8 9HG with a Companies House number of 13150636. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in January 2021, it's largest shareholder is peter john mcdonald with a 50% stake. Goring Hardware Store Limited is a startup, small sized company, Pomanda has estimated its turnover at £514.5k with unknown growth in recent years.
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Goring Hardware Store Limited Health Check
Pomanda's financial health check has awarded Goring Hardware Store Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £514.5k, make it smaller than the average company (£2.8m)
- Goring Hardware Store Limited
£2.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Goring Hardware Store Limited
- - Industry AVG
Production
with a gross margin of 41.5%, this company has a comparable cost of product (41.5%)
- Goring Hardware Store Limited
41.5% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (4.3%)
- Goring Hardware Store Limited
4.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (36)
12 - Goring Hardware Store Limited
36 - Industry AVG
Pay Structure
on an average salary of £21.7k, the company has an equivalent pay structure (£21.7k)
- Goring Hardware Store Limited
£21.7k - Industry AVG
Efficiency
resulting in sales per employee of £42.9k, this is less efficient (£117k)
- Goring Hardware Store Limited
£117k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (20 days)
- Goring Hardware Store Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (48 days)
- Goring Hardware Store Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 97 days, this is in line with average (113 days)
- Goring Hardware Store Limited
113 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (20 weeks)
28 weeks - Goring Hardware Store Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.2%, this is a higher level of debt than the average (62.1%)
112.2% - Goring Hardware Store Limited
62.1% - Industry AVG
GORING HARDWARE STORE LIMITED financials
Goring Hardware Store Limited's latest turnover from March 2023 is estimated at £514.5 thousand and the company has net assets of -£28 thousand. According to their latest financial statements, Goring Hardware Store Limited has 12 employees and maintains cash reserves of £31.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| 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 | 12 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 9,799 | 16,811 |
| Intangible Assets | 99,827 | 112,306 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 109,626 | 129,117 |
| Stock & work in progress | 80,598 | 101,000 |
| Trade Debtors | 3,789 | 3,284 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 3,992 | 0 |
| Cash | 31,253 | 33,672 |
| misc current assets | 0 | 0 |
| total current assets | 119,632 | 137,956 |
| total assets | 229,258 | 267,073 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 28,973 | 23,286 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 28,239 | 85,996 |
| total current liabilities | 57,212 | 109,282 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 200,000 | 200,000 |
| provisions | 0 | 0 |
| total long term liabilities | 200,000 | 200,000 |
| total liabilities | 257,212 | 309,282 |
| net assets | -27,954 | -42,209 |
| total shareholders funds | -27,954 | -42,209 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 8,740 | 8,404 |
| Amortisation | 12,479 | 12,479 |
| Tax | ||
| Stock | -20,402 | 101,000 |
| Debtors | 4,497 | 3,284 |
| Creditors | 5,687 | 23,286 |
| Accruals and Deferred Income | -57,757 | 85,996 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 200,000 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -2,419 | 33,672 |
| overdraft | 0 | 0 |
| change in cash | -2,419 | 33,672 |
goring hardware store limited Credit Report and Business Information
Goring Hardware Store Limited Competitor Analysis
Perform a competitor analysis for goring hardware store limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
goring hardware store limited Ownership
GORING HARDWARE STORE LIMITED group structure
Goring Hardware Store Limited has no subsidiary companies.
Ultimate parent company
GORING HARDWARE STORE LIMITED
13150636
goring hardware store limited directors
Goring Hardware Store Limited currently has 2 directors. The longest serving directors include Mr Peter McDonald (Jan 2021) and Ms Diana McDonald (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter McDonald | 56 years | Jan 2021 | - | Director | |
| Ms Diana McDonald | United Kingdom | 56 years | May 2021 | - | Director |
P&L
March 2023turnover
514.5k
-10%
operating profit
16.2k
0%
gross margin
41.5%
-0.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-28k
-0.34%
total assets
229.3k
-0.14%
cash
31.3k
-0.07%
net assets
Total assets minus all liabilities
Similar Companies
goring hardware store limited company details
company number
13150636
Type
Private limited with Share Capital
industry
47510 - Retail sale of textiles in specialised stores
47520 - Retail sale of hardware, paints and glass in specialised stores
47760 - Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores
incorporation date
January 2021
age
3
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
12 red cross road, goring, oxfordshire, RG8 9HG
last accounts submitted
March 2023
goring hardware store 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 goring hardware store limited.
goring hardware store limited Companies House Filings - See Documents
| date | description | view/download |
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