granite properties of belfast limited
granite properties of belfast limited Company Information
Company Number
NI020530
Website
blackstaffmill.co.ukRegistered Address
81 springfield road, belfast, BT12 7AE
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02890238163
Next Accounts Due
16 days late
Group Structure
View All
Shareholders
granite (holdings) ltd 100%
granite properties of belfast limited Estimated Valuation
Pomanda estimates the enterprise value of GRANITE PROPERTIES OF BELFAST LIMITED at £12.5m based on a Turnover of £5m and 2.5x industry multiple (adjusted for size and gross margin).
granite properties of belfast limited Estimated Valuation
Pomanda estimates the enterprise value of GRANITE PROPERTIES OF BELFAST LIMITED at £839.3k based on an EBITDA of £153.2k and a 5.48x industry multiple (adjusted for size and gross margin).
granite properties of belfast limited Estimated Valuation
Pomanda estimates the enterprise value of GRANITE PROPERTIES OF BELFAST LIMITED at £930.1k based on Net Assets of £580.6k and 1.6x industry multiple (adjusted for liquidity).
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Granite Properties Of Belfast Limited Overview
Granite Properties Of Belfast Limited is a live company located in belfast, BT12 7AE with a Companies House number of NI020530. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 1987, it's largest shareholder is granite (holdings) ltd with a 100% stake. Granite Properties Of Belfast Limited is a mature, small sized company, Pomanda has estimated its turnover at £5m with healthy growth in recent years.
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Granite Properties Of Belfast Limited Health Check
Pomanda's financial health check has awarded Granite Properties Of Belfast Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £5m, make it larger than the average company (£693.2k)
- Granite Properties Of Belfast Limited
£693.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (1.2%)
- Granite Properties Of Belfast Limited
1.2% - Industry AVG
Production
with a gross margin of 28.7%, this company has a higher cost of product (72%)
- Granite Properties Of Belfast Limited
72% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (44.3%)
- Granite Properties Of Belfast Limited
44.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Granite Properties Of Belfast Limited
4 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Granite Properties Of Belfast Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £5m, this is more efficient (£157.6k)
- Granite Properties Of Belfast Limited
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (34 days)
- Granite Properties Of Belfast Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 367 days, this is slower than average (38 days)
- Granite Properties Of Belfast Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Granite Properties Of Belfast Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Granite Properties Of Belfast Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.8%, this is a higher level of debt than the average (66.6%)
87.8% - Granite Properties Of Belfast Limited
66.6% - Industry AVG
GRANITE PROPERTIES OF BELFAST LIMITED financials
Granite Properties Of Belfast Limited's latest turnover from August 2022 is estimated at £5 million and the company has net assets of £580.6 thousand. According to their latest financial statements, Granite Properties Of Belfast Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,046,259 | 3,065,048 | 3,083,953 | 3,103,012 | 3,122,277 | 3,128,730 | 4,200,467 | 4,036,900 | 2,751,452 | 2,153,658 | 1,745,490 | 1,649,733 | 1,653,628 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 13,085 | 13,085 | 13,085 | 13,085 | 13,085 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,046,259 | 3,065,048 | 3,083,953 | 3,103,012 | 3,122,277 | 3,141,815 | 4,213,552 | 4,049,985 | 2,764,537 | 2,166,743 | 1,745,490 | 1,649,733 | 1,653,628 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41,247 | 570,798 |
| Trade Debtors | 1,695,393 | 1,380,061 | 1,066,554 | 874,124 | 718,405 | 49,460 | 68,111 | 184,345 | 327,250 | 123,196 | 151,628 | 147,206 | 202,379 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 265,695 | 75,054 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 776,978 | 333,094 | 169,852 | 999,569 | 1,234,782 | 1,011,341 | 1,031,017 | 302,988 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,695,393 | 1,380,061 | 1,066,554 | 874,124 | 718,405 | 1,092,133 | 476,259 | 354,197 | 1,326,819 | 1,357,978 | 1,162,969 | 1,219,470 | 1,076,165 |
| total assets | 4,741,652 | 4,445,109 | 4,150,507 | 3,977,136 | 3,840,682 | 4,233,948 | 4,689,811 | 4,404,182 | 4,091,356 | 3,524,721 | 2,908,459 | 2,869,203 | 2,729,793 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,578,558 | 3,362,102 | 3,137,978 | 3,071,563 | 2,950,638 | 0 | 0 | 3,173,015 | 3,096,579 | 2,695,695 | 2,386,730 | 2,287,013 | 1,655,212 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 2,456,107 | 2,583,690 | 0 | 0 | 0 | 0 | 103,634 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 654,570 | 650,450 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,578,558 | 3,362,102 | 3,137,978 | 3,071,563 | 2,950,638 | 3,110,677 | 3,234,140 | 3,173,015 | 3,096,579 | 2,695,695 | 2,386,730 | 2,390,647 | 1,655,212 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 635,829 | 693,208 | 627,153 | 455,650 | 369,599 | 144,879 | 0 | 0 |
| other liabilities | 433,304 | 473,809 | 514,314 | 554,819 | 595,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 149,212 | 152,716 | 156,220 | 168,130 | 171,819 | 175,507 | 180,732 | 170,667 | 170,667 | 90,577 | 0 | 0 | 0 |
| total long term liabilities | 582,516 | 626,525 | 670,534 | 722,949 | 767,143 | 811,336 | 873,940 | 797,820 | 626,317 | 460,176 | 144,879 | 0 | 0 |
| total liabilities | 4,161,074 | 3,988,627 | 3,808,512 | 3,794,512 | 3,717,781 | 3,922,013 | 4,108,080 | 3,970,835 | 3,722,896 | 3,155,871 | 2,531,609 | 2,390,647 | 1,655,212 |
| net assets | 580,578 | 456,482 | 341,995 | 182,624 | 122,901 | 311,935 | 581,731 | 433,347 | 368,460 | 368,850 | 376,850 | 478,556 | 1,074,581 |
| total shareholders funds | 580,578 | 456,482 | 341,995 | 182,624 | 122,901 | 311,935 | 581,731 | 433,347 | 368,460 | 368,850 | 376,850 | 478,556 | 1,074,581 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 28,532 | 20,704 | 2,885 | 3,660 | 4,852 | 3,921 | 2,284 | 3,580 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -41,247 | -529,551 | 570,798 |
| Debtors | 315,332 | 313,507 | 192,430 | 155,719 | 403,250 | 171,990 | -41,180 | -142,905 | 204,054 | -28,432 | 4,422 | -55,173 | 202,379 |
| Creditors | 216,456 | 224,124 | 66,415 | 120,925 | 2,950,638 | 0 | -3,173,015 | 76,436 | 400,884 | 308,965 | 99,717 | 631,801 | 1,655,212 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -1,290,399 | -53,259 | 716,505 | 171,503 | 86,051 | 224,720 | 144,879 | 0 | 0 |
| Deferred Taxes & Provisions | -3,504 | -3,504 | -11,910 | -3,689 | -3,688 | -5,225 | 10,065 | 0 | 80,090 | 90,577 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -13,085 | 0 | 0 | 0 | 0 | 13,085 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -2,456,107 | -127,583 | 2,583,690 | 0 | 0 | 0 | -103,634 | 103,634 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -40,505 | -40,505 | -40,505 | -40,505 | 595,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | -776,978 | 443,884 | 163,242 | -829,717 | -235,213 | 223,441 | -19,676 | 728,029 | 302,988 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -776,978 | 443,884 | 163,242 | -829,717 | -235,213 | 223,441 | -19,676 | 728,029 | 302,988 |
granite properties of belfast limited Credit Report and Business Information
Granite Properties Of Belfast Limited Competitor Analysis
Perform a competitor analysis for granite properties of belfast limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
granite properties of belfast limited Ownership
GRANITE PROPERTIES OF BELFAST LIMITED group structure
Granite Properties Of Belfast Limited has no subsidiary companies.
Ultimate parent company
2 parents
GRANITE PROPERTIES OF BELFAST LIMITED
NI020530
granite properties of belfast limited directors
Granite Properties Of Belfast Limited currently has 2 directors. The longest serving directors include Mr James McIvor (May 1987) and Mr David McIvor (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James McIvor | 88 years | May 1987 | - | Director | |
| Mr David McIvor | 53 years | Aug 2017 | - | Director |
P&L
August 2022turnover
5m
+22%
operating profit
153.2k
0%
gross margin
28.7%
+2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
580.6k
+0.27%
total assets
4.7m
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
granite properties of belfast limited company details
company number
NI020530
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 1987
age
37
accounts
Micro-Entity Accounts
ultimate parent company
previous names
leighash limited (January 2000)
leighash limited (January 1950)
incorporated
UK
address
81 springfield road, belfast, BT12 7AE
last accounts submitted
August 2022
granite properties of belfast 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 granite properties of belfast limited. Currently there are 2 open charges and 0 have been satisfied in the past.
granite properties of belfast limited Companies House Filings - See Documents
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