eastside greenways
eastside greenways Company Information
Company Number
NI615294
Website
www.connswatergreenway.co.ukRegistered Address
avalon house, 278/280 newtownards road, belfast, co.antrim, BT4 1HE
Industry
Activities of other membership organisations n.e.c.
Telephone
02890467925
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
eastside greenways Estimated Valuation
Pomanda estimates the enterprise value of EASTSIDE GREENWAYS at £45.3k based on a Turnover of £75.5k and 0.6x industry multiple (adjusted for size and gross margin).
eastside greenways Estimated Valuation
Pomanda estimates the enterprise value of EASTSIDE GREENWAYS at £0 based on an EBITDA of £-111.3k and a 4.68x industry multiple (adjusted for size and gross margin).
eastside greenways Estimated Valuation
Pomanda estimates the enterprise value of EASTSIDE GREENWAYS at £2.2m based on Net Assets of £748k and 2.89x industry multiple (adjusted for liquidity).
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Eastside Greenways Overview
Eastside Greenways is a live company located in belfast, BT4 1HE with a Companies House number of NI615294. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in November 2012, it's largest shareholder is unknown. Eastside Greenways is a established, micro sized company, Pomanda has estimated its turnover at £75.5k with declining growth in recent years.
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Eastside Greenways Health Check
Pomanda's financial health check has awarded Eastside Greenways a 3.5 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 £75.5k, make it smaller than the average company (£411.4k)
£75.5k - Eastside Greenways
£411.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (4.7%)
-21% - Eastside Greenways
4.7% - Industry AVG
Production
with a gross margin of 49.7%, this company has a comparable cost of product (49.7%)
49.7% - Eastside Greenways
49.7% - Industry AVG
Profitability
an operating margin of -147.5% make it less profitable than the average company (2.4%)
-147.5% - Eastside Greenways
2.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (9)
7 - Eastside Greenways
9 - Industry AVG
Pay Structure
on an average salary of £11.8k, the company has a lower pay structure (£25.3k)
£11.8k - Eastside Greenways
£25.3k - Industry AVG
Efficiency
resulting in sales per employee of £10.8k, this is less efficient (£53.6k)
£10.8k - Eastside Greenways
£53.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Eastside Greenways
- - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (29 days)
52 days - Eastside Greenways
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eastside Greenways
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1735 weeks, this is more cash available to meet short term requirements (223 weeks)
1735 weeks - Eastside Greenways
223 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3%, this is a lower level of debt than the average (13.9%)
3% - Eastside Greenways
13.9% - Industry AVG
EASTSIDE GREENWAYS financials
Eastside Greenways's latest turnover from March 2023 is £75.5 thousand and the company has net assets of £748 thousand. According to their latest financial statements, Eastside Greenways has 7 employees and maintains cash reserves of £765.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 75,465 | 15,987 | 1,105,380 | 153,546 | 130,646 | 167,105 | 266,776 | 117,285 | |||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -77,137 | -127,780 | 942,864 | 1,221 | -3,145 | 6,988 | 19,105 | -14,102 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | -77,137 | -127,780 | 942,864 | 1,221 | -3,145 | 6,988 | 19,105 | -14,102 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -77,137 | -127,780 | 942,864 | 1,221 | -3,145 | 6,988 | 19,105 | -14,102 | |||
| Employee Costs | 82,497 | 79,208 | 91,211 | 72,917 | 67,611 | 81,850 | 107,109 | 88,393 | |||
| Number Of Employees | 7 | 8 | 2 | 2 | 2 | 3 | 3 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 530 | 1,317 | 0 | 0 | 52 | 402 | 5,029 | 0 | 0 | 0 |
| Group Debtors | 4,123 | 888 | 462 | 1,113 | 3 | 102 | 10,844 | 994 | 0 | 0 | 0 |
| Misc Debtors | 1,349 | 831 | 2,871 | 32,013 | 0 | 1,773 | 9,484 | 2,904 | 0 | 0 | 0 |
| Cash | 765,484 | 843,415 | 962,079 | 2,647 | 15,033 | 39,829 | 63 | 17,486 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 770,956 | 845,664 | 966,729 | 35,773 | 15,036 | 41,756 | 20,793 | 26,413 | 0 | 0 | 0 |
| total assets | 770,956 | 845,664 | 966,729 | 35,773 | 15,036 | 41,756 | 20,793 | 26,413 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,424 | 1,668 | 3,444 | 1,946 | 745 | 630 | 167 | 801 | 0 | 0 | 0 |
| Group/Directors Accounts | 16,540 | 17,867 | 9,376 | 22,782 | 4,467 | 24,135 | 10,623 | 34,714 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 978 | 978 | 978 | 978 | 978 | 5,000 | 5,000 | 5,000 | 0 | 0 | 0 |
| total current liabilities | 22,942 | 20,513 | 13,798 | 25,706 | 6,190 | 29,765 | 15,790 | 40,515 | 0 | 0 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 22,942 | 20,513 | 13,798 | 25,706 | 6,190 | 29,765 | 15,790 | 40,515 | 0 | 0 | 0 |
| net assets | 748,014 | 825,151 | 952,931 | 10,067 | 8,846 | 11,991 | 5,003 | -14,102 | 0 | 0 | 0 |
| total shareholders funds | 748,014 | 825,151 | 952,931 | 10,067 | 8,846 | 11,991 | 5,003 | -14,102 | 0 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,223 | -2,401 | -28,476 | 33,123 | -1,924 | -18,803 | 11,803 | 8,927 | 0 | 0 | 0 |
| Creditors | 3,756 | -1,776 | 1,498 | 1,201 | 115 | 463 | -634 | 801 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -4,022 | 0 | 0 | 5,000 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,327 | 8,491 | -13,406 | 18,315 | -19,668 | 13,512 | -24,091 | 34,714 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | -1,327 | 8,491 | -13,406 | 18,315 | -19,668 | 13,512 | -24,091 | 34,714 | |||
| cash and cash equivalents | |||||||||||
| cash | -77,931 | -118,664 | 959,432 | -12,386 | -24,796 | 39,766 | -17,423 | 17,486 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -77,931 | -118,664 | 959,432 | -12,386 | -24,796 | 39,766 | -17,423 | 17,486 | 0 | 0 | 0 |
eastside greenways Credit Report and Business Information
Eastside Greenways Competitor Analysis
Perform a competitor analysis for eastside greenways by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BT4 area or any other competitors across 12 key performance metrics.
eastside greenways Ownership
EASTSIDE GREENWAYS group structure
Eastside Greenways has no subsidiary companies.
Ultimate parent company
EASTSIDE GREENWAYS
NI615294
eastside greenways directors
Eastside Greenways currently has 7 directors. The longest serving directors include Reverend Mervyn Gibson (Nov 2012) and Dr Ethel White (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Reverend Mervyn Gibson | Northern Ireland | 66 years | Nov 2012 | - | Director |
| Dr Ethel White | 69 years | Nov 2012 | - | Director | |
| Mr Andrew Hassard | 68 years | Jan 2016 | - | Director | |
| Dr Ruth Hunter | Northern Ireland | 42 years | Nov 2020 | - | Director |
| Mrs Catherine Purdy | 58 years | Feb 2023 | - | Director | |
| Mrs Leigh Osborne | 41 years | Feb 2023 | - | Director | |
| Mr James Hennessey | 47 years | Feb 2023 | - | Director |
P&L
March 2023turnover
75.5k
+372%
operating profit
-111.3k
0%
gross margin
49.7%
-5.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
748k
-0.09%
total assets
771k
-0.09%
cash
765.5k
-0.09%
net assets
Total assets minus all liabilities
eastside greenways company details
company number
NI615294
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
November 2012
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
connswater community greenway trust (March 2019)
accountant
-
auditor
FINEGAN GIBSON LTD
address
avalon house, 278/280 newtownards road, belfast, co.antrim, BT4 1HE
Bank
FIRST TRUST BANK LIMITED
Legal Advisor
HEWITT AND GILPIN
eastside greenways 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 eastside greenways.
eastside greenways Companies House Filings - See Documents
| date | description | view/download |
|---|
