gradworks ltd
gradworks ltd Company Information
Company Number
NI640565
Website
www.gradworks.co.ukRegistered Address
161 seacoast road, limavady, co. londonderry, BT49 9EG
Industry
Post-graduate level higher education
Educational support activities
Telephone
442870511377
Next Accounts Due
June 2025
Group Structure
View All
Directors
David McBride8 Years
Shareholders
david norry mcbride 100%
gradworks ltd Estimated Valuation
Pomanda estimates the enterprise value of GRADWORKS LTD at £9k based on a Turnover of £15.9k and 0.57x industry multiple (adjusted for size and gross margin).
gradworks ltd Estimated Valuation
Pomanda estimates the enterprise value of GRADWORKS LTD at £0 based on an EBITDA of £0 and a 2.73x industry multiple (adjusted for size and gross margin).
gradworks ltd Estimated Valuation
Pomanda estimates the enterprise value of GRADWORKS LTD at £0 based on Net Assets of £-27.2k and 2.29x industry multiple (adjusted for liquidity).
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Gradworks Ltd Overview
Gradworks Ltd is a live company located in co. londonderry, BT49 9EG with a Companies House number of NI640565. It operates in the first-degree level higher education sector, SIC Code 85421. Founded in September 2016, it's largest shareholder is david norry mcbride with a 100% stake. Gradworks Ltd is a young, micro sized company, Pomanda has estimated its turnover at £15.9k with declining growth in recent years.
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Gradworks Ltd Health Check
Pomanda's financial health check has awarded Gradworks Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £15.9k, make it smaller than the average company (£1.5m)
- Gradworks Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (6.4%)
- Gradworks Ltd
6.4% - Industry AVG
Production
with a gross margin of 31.8%, this company has a higher cost of product (61%)
- Gradworks Ltd
61% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Gradworks Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Gradworks Ltd
23 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Gradworks Ltd
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £15.9k, this is less efficient (£81.1k)
- Gradworks Ltd
£81.1k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (24 days)
- Gradworks Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 934 days, this is slower than average (33 days)
- Gradworks Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gradworks Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gradworks Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5734.2%, this is a higher level of debt than the average (36.3%)
5734.2% - Gradworks Ltd
36.3% - Industry AVG
GRADWORKS LTD financials
Gradworks Ltd's latest turnover from September 2023 is estimated at £15.9 thousand and the company has net assets of -£27.2 thousand. According to their latest financial statements, we estimate that Gradworks Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 2,544 | 4,690 | 3,824 | 5,874 | 140 | 270 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 2,544 | 4,690 | 3,824 | 5,874 | 140 | 270 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 483 | 3,000 | 4,858 | 20,159 | 1,950 | 5,203 | 5,203 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 483 | 3,000 | 4,858 | 20,159 | 1,950 | 5,203 | 5,203 |
| total assets | 483 | 5,544 | 9,548 | 23,983 | 7,824 | 5,343 | 5,473 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,696 | 32,757 | 27,195 | 36,360 | 16,563 | 5,508 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 27,696 | 32,757 | 27,195 | 36,360 | 16,563 | 5,508 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 5,208 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 5,208 |
| total liabilities | 27,696 | 32,757 | 27,195 | 36,360 | 16,563 | 5,508 | 5,208 |
| net assets | -27,213 | -27,213 | -17,647 | -12,377 | -8,739 | -165 | 265 |
| total shareholders funds | -27,213 | -27,213 | -17,647 | -12,377 | -8,739 | -165 | 265 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,517 | -1,858 | -15,301 | 18,209 | -3,253 | 0 | 5,203 |
| Creditors | -5,061 | 5,562 | -9,165 | 19,797 | 11,055 | 5,508 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -5,208 | 5,208 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
gradworks ltd Credit Report and Business Information
Gradworks Ltd Competitor Analysis
Perform a competitor analysis for gradworks ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in BT49 area or any other competitors across 12 key performance metrics.
gradworks ltd Ownership
GRADWORKS LTD group structure
Gradworks Ltd has no subsidiary companies.
Ultimate parent company
GRADWORKS LTD
NI640565
gradworks ltd directors
Gradworks Ltd currently has 1 director, Dr David McBride serving since Sep 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr David McBride | 63 years | Sep 2016 | - | Director |
P&L
September 2023turnover
15.9k
-59%
operating profit
0
0%
gross margin
31.9%
-6.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-27.2k
0%
total assets
483
-0.91%
cash
0
0%
net assets
Total assets minus all liabilities
gradworks ltd company details
company number
NI640565
Type
Private limited with Share Capital
industry
85421 - First-degree level higher education
85422 - Post-graduate level higher education
85600 - Educational support activities
incorporation date
September 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
161 seacoast road, limavady, co. londonderry, BT49 9EG
accountant
-
auditor
-
gradworks ltd 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 gradworks ltd.
gradworks ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
