galanthus acquisition corp ltd
galanthus acquisition corp ltd Company Information
Company Number
13355220
Next Accounts
11 days late
Shareholders
george gerard lightfoot
steve richmond
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
2c clifford court cooper way, parkhouse, carlisle, cumbria, CA3 0JG
Website
-galanthus acquisition corp ltd Estimated Valuation
Pomanda estimates the enterprise value of GALANTHUS ACQUISITION CORP LTD at £46.9m based on a Turnover of £30.5m and 1.54x industry multiple (adjusted for size and gross margin).
galanthus acquisition corp ltd Estimated Valuation
Pomanda estimates the enterprise value of GALANTHUS ACQUISITION CORP LTD at £39.2m based on an EBITDA of £4.2m and a 9.37x industry multiple (adjusted for size and gross margin).
galanthus acquisition corp ltd Estimated Valuation
Pomanda estimates the enterprise value of GALANTHUS ACQUISITION CORP LTD at £11.8m based on Net Assets of £5m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Galanthus Acquisition Corp Ltd Overview
Galanthus Acquisition Corp Ltd is a live company located in carlisle, CA3 0JG with a Companies House number of 13355220. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2021, it's largest shareholder is george gerard lightfoot with a 10.3% stake. Galanthus Acquisition Corp Ltd is a startup, large sized company, Pomanda has estimated its turnover at £30.5m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Galanthus Acquisition Corp Ltd Health Check
Pomanda's financial health check has awarded Galanthus Acquisition Corp Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £30.5m, make it larger than the average company (£3.5m)
£30.5m - Galanthus Acquisition Corp Ltd
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Galanthus Acquisition Corp Ltd
- - Industry AVG
Production
with a gross margin of 74.5%, this company has a comparable cost of product (72.3%)
74.5% - Galanthus Acquisition Corp Ltd
72.3% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (3.6%)
-2.5% - Galanthus Acquisition Corp Ltd
3.6% - Industry AVG
Employees
with 167 employees, this is above the industry average (32)
167 - Galanthus Acquisition Corp Ltd
32 - Industry AVG
Pay Structure
on an average salary of £85.7k, the company has a higher pay structure (£66.4k)
£85.7k - Galanthus Acquisition Corp Ltd
£66.4k - Industry AVG
Efficiency
resulting in sales per employee of £182.8k, this is more efficient (£112.5k)
£182.8k - Galanthus Acquisition Corp Ltd
£112.5k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (61 days)
58 days - Galanthus Acquisition Corp Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (44 days)
75 days - Galanthus Acquisition Corp Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Galanthus Acquisition Corp Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (19 weeks)
16 weeks - Galanthus Acquisition Corp Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.2%, this is a higher level of debt than the average (61.1%)
90.2% - Galanthus Acquisition Corp Ltd
61.1% - Industry AVG
GALANTHUS ACQUISITION CORP LTD financials
Galanthus Acquisition Corp Ltd's latest turnover from June 2023 is £30.5 million and the company has net assets of £5 million. According to their latest financial statements, Galanthus Acquisition Corp Ltd has 167 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | |
|---|---|
| Turnover | 30,522,348 |
| Other Income Or Grants | |
| Cost Of Sales | 7,791,889 |
| Gross Profit | 22,730,459 |
| Admin Expenses | 23,483,443 |
| Operating Profit | -752,984 |
| Interest Payable | 3,228,101 |
| Interest Receivable | 1,002 |
| Pre-Tax Profit | -3,980,083 |
| Tax | -115,694 |
| Profit After Tax | -4,095,777 |
| Dividends Paid | 979,990 |
| Retained Profit | -5,042,090 |
| Employee Costs | 14,314,595 |
| Number Of Employees | 167 |
| EBITDA* | 4,186,010 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | 592,690 |
| Intangible Assets | 35,636,168 |
| Investments & Other | 159,990 |
| Debtors (Due After 1 year) | 1,268,007 |
| Total Fixed Assets | 37,656,855 |
| Stock & work in progress | |
| Trade Debtors | 4,904,936 |
| Group Debtors | |
| Misc Debtors | 3,703,653 |
| Cash | 4,369,362 |
| misc current assets | |
| total current assets | 12,977,951 |
| total assets | 50,634,806 |
| Bank overdraft | |
| Bank loan | 84,947 |
| Trade Creditors | 1,617,918 |
| Group/Directors Accounts | |
| other short term finances | 1,160,174 |
| hp & lease commitments | |
| other current liabilities | 11,058,841 |
| total current liabilities | 13,921,880 |
| loans | 29,369,047 |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | 29,223 |
| provisions | 2,342,426 |
| total long term liabilities | 31,740,696 |
| total liabilities | 45,662,576 |
| net assets | 4,972,230 |
| total shareholders funds | 4,972,230 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -752,984 |
| Depreciation | 82,792 |
| Amortisation | 4,856,202 |
| Tax | -115,694 |
| Stock | |
| Debtors | 9,876,596 |
| Creditors | 1,617,918 |
| Accruals and Deferred Income | 11,058,841 |
| Deferred Taxes & Provisions | 2,342,426 |
| Cash flow from operations | 9,212,905 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 159,990 |
| cash flow from investments | -159,990 |
| Financing Activities | |
| Bank loans | 84,947 |
| Group/Directors Accounts | |
| Other Short Term Loans | 1,160,174 |
| Long term loans | 29,369,047 |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | 29,223 |
| share issue | |
| interest | -3,227,099 |
| cash flow from financing | 37,430,612 |
| cash and cash equivalents | |
| cash | 4,369,362 |
| overdraft | |
| change in cash | 4,369,362 |
galanthus acquisition corp ltd Credit Report and Business Information
Galanthus Acquisition Corp Ltd Competitor Analysis
Perform a competitor analysis for galanthus acquisition corp ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in CA3 area or any other competitors across 12 key performance metrics.
galanthus acquisition corp ltd Ownership
GALANTHUS ACQUISITION CORP LTD group structure
Galanthus Acquisition Corp Ltd has 2 subsidiary companies.
Ultimate parent company
GALANTHUS ACQUISITION CORP LTD
13355220
2 subsidiaries
galanthus acquisition corp ltd directors
Galanthus Acquisition Corp Ltd currently has 8 directors. The longest serving directors include Mr Henrik Fridlund (Apr 2021) and Mr Michael McDonald (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Henrik Fridlund | United Kingdom | 34 years | Apr 2021 | - | Director |
| Mr Michael McDonald | United Kingdom | 37 years | Jul 2021 | - | Director |
| Mr Clayton Sachs | United States | 37 years | Jul 2021 | - | Director |
| Mr Graeme Sharp | England | 60 years | Jul 2021 | - | Director |
| Mr Webb Stevens | United States | 42 years | Jul 2021 | - | Director |
| Mr Oliver Garthwaite | United Kingdom | 39 years | Jul 2021 | - | Director |
| Mr Oliver Garthwaite | England | 39 years | Jul 2021 | - | Director |
| Mr George Lightfoot | United Kingdom | 60 years | Jul 2021 | - | Director |
P&L
June 2023turnover
30.5m
0%
operating profit
-753k
0%
gross margin
74.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
5m
0%
total assets
50.6m
0%
cash
4.4m
0%
net assets
Total assets minus all liabilities
Similar Companies
galanthus acquisition corp ltd company details
company number
13355220
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
2c clifford court cooper way, parkhouse, carlisle, cumbria, CA3 0JG
Bank
-
Legal Advisor
-
galanthus acquisition corp ltd 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 8 charges/mortgages relating to galanthus acquisition corp ltd. Currently there are 6 open charges and 2 have been satisfied in the past.
galanthus acquisition corp ltd 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 GALANTHUS ACQUISITION CORP LTD. This can take several minutes, an email will notify you when this has completed.
galanthus acquisition corp ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
