88 grove street limited
88 grove street limited Company Information
Company Number
13738818
Website
-Registered Address
24 creek road, london, SE8 3BN
Industry
Development of building projects
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
tripatpal singh saggu 50%
amerjeet singh mudan 50%
88 grove street limited Estimated Valuation
Pomanda estimates the enterprise value of 88 GROVE STREET LIMITED at £562.8k based on a Turnover of £1.6m and 0.35x industry multiple (adjusted for size and gross margin).
88 grove street limited Estimated Valuation
Pomanda estimates the enterprise value of 88 GROVE STREET LIMITED at £0 based on an EBITDA of £-1.3k and a 2.65x industry multiple (adjusted for size and gross margin).
88 grove street limited Estimated Valuation
Pomanda estimates the enterprise value of 88 GROVE STREET LIMITED at £0 based on Net Assets of £-2.8k and 1.49x industry multiple (adjusted for liquidity).
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88 Grove Street Limited Overview
88 Grove Street Limited is a live company located in london, SE8 3BN with a Companies House number of 13738818. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2021, it's largest shareholder is tripatpal singh saggu with a 50% stake. 88 Grove Street Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.6m with unknown growth in recent years.
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88 Grove Street Limited Health Check
Pomanda's financial health check has awarded 88 Grove Street Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.3m)
- 88 Grove Street Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- 88 Grove Street Limited
- - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (26.1%)
- 88 Grove Street Limited
26.1% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (6.5%)
- 88 Grove Street Limited
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- 88 Grove Street Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- 88 Grove Street Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £539k, this is more efficient (£280k)
- 88 Grove Street Limited
£280k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
- 88 Grove Street Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 199 days, this is slower than average (30 days)
- 88 Grove Street Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 88 Grove Street Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 88 Grove Street Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (73.6%)
100.4% - 88 Grove Street Limited
73.6% - Industry AVG
88 GROVE STREET LIMITED financials
88 Grove Street Limited's latest turnover from November 2023 is estimated at £1.6 million and the company has net assets of -£2.8 thousand. According to their latest financial statements, we estimate that 88 Grove Street Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | |
|---|---|---|
| Tangible Assets | 797,250 | 781,515 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 797,250 | 781,515 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 1,693 | 2,399 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 1,693 | 2,399 |
| total assets | 798,943 | 783,914 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 801,707 | 785,412 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 801,707 | 785,412 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 801,707 | 785,412 |
| net assets | -2,764 | -1,498 |
| total shareholders funds | -2,764 | -1,498 |
| Nov 2023 | Nov 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -706 | 2,399 |
| Creditors | 16,295 | 785,412 |
| Accruals and Deferred Income | 0 | 0 |
| 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 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
88 grove street limited Credit Report and Business Information
88 Grove Street Limited Competitor Analysis
Perform a competitor analysis for 88 grove street limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SE8 area or any other competitors across 12 key performance metrics.
88 grove street limited Ownership
88 GROVE STREET LIMITED group structure
88 Grove Street Limited has no subsidiary companies.
Ultimate parent company
88 GROVE STREET LIMITED
13738818
88 grove street limited directors
88 Grove Street Limited currently has 2 directors. The longest serving directors include Mr Amerjeet Mudan (Nov 2021) and Mr Tripatpal Saggu (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amerjeet Mudan | England | 57 years | Nov 2021 | - | Director |
| Mr Tripatpal Saggu | United Kingdom | 32 years | Jun 2022 | - | Director |
P&L
November 2023turnover
1.6m
+5%
operating profit
-1.3k
0%
gross margin
9.5%
-2.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-2.8k
+0.85%
total assets
798.9k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
88 grove street limited company details
company number
13738818
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
24 creek road, london, SE8 3BN
Bank
-
Legal Advisor
-
88 grove street 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 2 charges/mortgages relating to 88 grove street limited. Currently there are 2 open charges and 0 have been satisfied in the past.
88 grove street limited Companies House Filings - See Documents
| date | description | view/download |
|---|
