groovy disco tech limited
groovy disco tech limited Company Information
Company Number
15143866
Next Accounts
Jun 2026
Shareholders
ross clough
wesley allmark
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
61-63 high bridge, newcastle upon tyne, NE1 6BX
Website
-groovy disco tech limited Estimated Valuation
Pomanda estimates the enterprise value of GROOVY DISCO TECH LIMITED at £85.4k based on a Turnover of £161k and 0.53x industry multiple (adjusted for size and gross margin).
groovy disco tech limited Estimated Valuation
Pomanda estimates the enterprise value of GROOVY DISCO TECH LIMITED at £0 based on an EBITDA of £-302 and a 4.28x industry multiple (adjusted for size and gross margin).
groovy disco tech limited Estimated Valuation
Pomanda estimates the enterprise value of GROOVY DISCO TECH LIMITED at £69 based on Net Assets of £26 and 2.66x industry multiple (adjusted for liquidity).
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Groovy Disco Tech Limited Overview
Groovy Disco Tech Limited is a live company located in newcastle upon tyne, NE1 6BX with a Companies House number of 15143866. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in September 2023, it's largest shareholder is ross clough with a 50% stake. Groovy Disco Tech Limited is a startup, micro sized company, Pomanda has estimated its turnover at £161k with unknown growth in recent years.
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Groovy Disco Tech Limited Health Check
Pomanda's financial health check has awarded Groovy Disco Tech Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £161k, make it smaller than the average company (£603k)
- Groovy Disco Tech Limited
£603k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Groovy Disco Tech Limited
- - Industry AVG
Production
with a gross margin of 59.1%, this company has a comparable cost of product (59.1%)
- Groovy Disco Tech Limited
59.1% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (8.7%)
- Groovy Disco Tech Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Groovy Disco Tech Limited
6 - Industry AVG
Pay Structure
on an average salary of £54.4k, the company has an equivalent pay structure (£54.4k)
- Groovy Disco Tech Limited
£54.4k - Industry AVG
Efficiency
resulting in sales per employee of £80.5k, this is less efficient (£126.7k)
- Groovy Disco Tech Limited
£126.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Groovy Disco Tech Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (24 days)
- Groovy Disco Tech Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Groovy Disco Tech Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (27 weeks)
52 weeks - Groovy Disco Tech Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (52%)
99.8% - Groovy Disco Tech Limited
52% - Industry AVG
GROOVY DISCO TECH LIMITED financials
Groovy Disco Tech Limited's latest turnover from September 2024 is estimated at £161 thousand and the company has net assets of £26. According to their latest financial statements, Groovy Disco Tech Limited has 2 employees and maintains cash reserves of £13.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | |
|---|---|
| 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
| Sep 2024 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 13,374 |
| misc current assets | 0 |
| total current assets | 13,374 |
| total assets | 13,374 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 3,950 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 9,398 |
| total current liabilities | 13,348 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 13,348 |
| net assets | 26 |
| total shareholders funds | 26 |
| Sep 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 0 |
| Creditors | 3,950 |
| Accruals and Deferred Income | 9,398 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 13,374 |
| overdraft | 0 |
| change in cash | 13,374 |
groovy disco tech limited Credit Report and Business Information
Groovy Disco Tech Limited Competitor Analysis
Perform a competitor analysis for groovy disco tech limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
groovy disco tech limited Ownership
GROOVY DISCO TECH LIMITED group structure
Groovy Disco Tech Limited has no subsidiary companies.
Ultimate parent company
GROOVY DISCO TECH LIMITED
15143866
groovy disco tech limited directors
Groovy Disco Tech Limited currently has 2 directors. The longest serving directors include Mr Ross Clough (Sep 2023) and Mr Wesley Allmark (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ross Clough | United Kingdom | 27 years | Sep 2023 | - | Director |
| Mr Wesley Allmark | England | 26 years | Sep 2023 | - | Director |
P&L
September 2024turnover
161k
0%
operating profit
-302.4
0%
gross margin
59.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
26
0%
total assets
13.4k
0%
cash
13.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
groovy disco tech limited company details
company number
15143866
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2023
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
N/A
accountant
LDF ACCOUNTANCY SERVICES LTD
auditor
-
address
61-63 high bridge, newcastle upon tyne, NE1 6BX
Bank
-
Legal Advisor
-
groovy disco tech 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 groovy disco tech limited.
groovy disco tech 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 GROOVY DISCO TECH LIMITED. This can take several minutes, an email will notify you when this has completed.
groovy disco tech limited Companies House Filings - See Documents
| date | description | view/download |
|---|
