galgorm properties limited
galgorm properties limited Company Information
Company Number
NI611629
Next Accounts
Jan 2025
Industry
Hotels and similar accommodation
Directors
Shareholders
kevin coleman
Group Structure
View All
Contact
Registered Address
6a seacliff road, bangor, BT20 5EY
Website
-galgorm properties limited Estimated Valuation
Pomanda estimates the enterprise value of GALGORM PROPERTIES LIMITED at £1.1m based on a Turnover of £1.1m and 0.94x industry multiple (adjusted for size and gross margin).
galgorm properties limited Estimated Valuation
Pomanda estimates the enterprise value of GALGORM PROPERTIES LIMITED at £1.8m based on an EBITDA of £488.4k and a 3.75x industry multiple (adjusted for size and gross margin).
galgorm properties limited Estimated Valuation
Pomanda estimates the enterprise value of GALGORM PROPERTIES LIMITED at £910.7k based on Net Assets of £421.6k and 2.16x industry multiple (adjusted for liquidity).
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Galgorm Properties Limited Overview
Galgorm Properties Limited is a dissolved company that was located in bangor, BT20 5EY with a Companies House number of NI611629. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 2012, it's largest shareholder was kevin coleman with a 100% stake. The last turnover for Galgorm Properties Limited was estimated at £1.1m.
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Galgorm Properties Limited Health Check
Pomanda's financial health check has awarded Galgorm Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£4.6m)
- Galgorm Properties Limited
£4.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Galgorm Properties Limited
- - Industry AVG
Production
with a gross margin of 42.5%, this company has a higher cost of product (60.1%)
- Galgorm Properties Limited
60.1% - Industry AVG
Profitability
an operating margin of 43% make it more profitable than the average company (7.3%)
- Galgorm Properties Limited
7.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (89)
6 - Galgorm Properties Limited
89 - Industry AVG
Pay Structure
on an average salary of £19.4k, the company has an equivalent pay structure (£19.4k)
- Galgorm Properties Limited
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £189.4k, this is more efficient (£56.9k)
- Galgorm Properties Limited
£56.9k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (8 days)
- Galgorm Properties Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 369 days, this is slower than average (43 days)
- Galgorm Properties Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Galgorm Properties Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Galgorm Properties Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.1%, this is a lower level of debt than the average (70.1%)
61.1% - Galgorm Properties Limited
70.1% - Industry AVG
GALGORM PROPERTIES LIMITED financials
Galgorm Properties Limited's latest turnover from March 2020 is estimated at £1.1 million and the company has net assets of £421.6 thousand. According to their latest financial statements, Galgorm Properties Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 6 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 980,970 | 905,565 | 442,365 | 442,365 | 442,365 | 442,365 | 442,365 | 442,365 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 980,970 | 905,565 | 442,365 | 442,365 | 442,365 | 442,365 | 442,365 | 442,365 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 102,419 | 155,159 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 67,374 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 102,419 | 222,533 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 1,083,389 | 1,128,098 | 442,365 | 442,365 | 442,365 | 442,365 | 442,365 | 442,365 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 661,788 | 729,988 | 584,900 | 0 | 0 | 531,131 | 492,096 | 461,463 |
| Group/Directors Accounts | 0 | 0 | 0 | 575,367 | 558,277 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 661,788 | 729,988 | 584,900 | 575,367 | 558,277 | 531,131 | 492,096 | 461,463 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 661,788 | 729,988 | 584,900 | 575,367 | 558,277 | 531,131 | 492,096 | 461,463 |
| net assets | 421,601 | 398,110 | -142,535 | -133,002 | -115,912 | -88,766 | -49,731 | -19,098 |
| total shareholders funds | 421,601 | 398,110 | -142,535 | -133,002 | -115,912 | -88,766 | -49,731 | -19,098 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 57,543 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -52,740 | 155,159 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -68,200 | 145,088 | 584,900 | 0 | -531,131 | 39,035 | 30,633 | 461,463 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -575,367 | 17,090 | 558,277 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -67,374 | 67,374 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -67,374 | 67,374 | 0 | 0 | 0 | 0 | 0 | 0 |
galgorm properties limited Credit Report and Business Information
Galgorm Properties Limited Competitor Analysis
Perform a competitor analysis for galgorm properties limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in BT20 area or any other competitors across 12 key performance metrics.
galgorm properties limited Ownership
GALGORM PROPERTIES LIMITED group structure
Galgorm Properties Limited has no subsidiary companies.
galgorm properties limited directors
Galgorm Properties Limited currently has 1 director, Mr Kevin Coleman serving since Nov 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Coleman | United Kingdom | 72 years | Nov 2019 | - | Director |
P&L
March 2020turnover
1.1m
-64%
operating profit
488.4k
0%
gross margin
42.6%
-3.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
421.6k
+0.06%
total assets
1.1m
-0.04%
cash
0
-1%
net assets
Total assets minus all liabilities
galgorm properties limited company details
company number
NI611629
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
6a seacliff road, bangor, BT20 5EY
Bank
-
Legal Advisor
-
galgorm properties 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 galgorm properties limited.
galgorm properties 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.
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galgorm properties limited Companies House Filings - See Documents
| date | description | view/download |
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