gartmore house
gartmore house Company Information
Company Number
SC200806
Next Accounts
Apr 2025
Shareholders
-
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
gartmore house gartmore, stirling, FK8 3RS
Website
www.gartmorehouse.comgartmore house Estimated Valuation
Pomanda estimates the enterprise value of GARTMORE HOUSE at £571.4k based on a Turnover of £518.6k and 1.1x industry multiple (adjusted for size and gross margin).
gartmore house Estimated Valuation
Pomanda estimates the enterprise value of GARTMORE HOUSE at £0 based on an EBITDA of £-76.4k and a 4.4x industry multiple (adjusted for size and gross margin).
gartmore house Estimated Valuation
Pomanda estimates the enterprise value of GARTMORE HOUSE at £3.8m based on Net Assets of £1.7m and 2.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gartmore House Overview
Gartmore House is a live company located in stirling, FK8 3RS with a Companies House number of SC200806. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in October 1999, it's largest shareholder is unknown. Gartmore House is a mature, small sized company, Pomanda has estimated its turnover at £518.6k with declining growth in recent years.
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Gartmore House Health Check
Pomanda's financial health check has awarded Gartmore House a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £518.6k, make it smaller than the average company (£5.1m)
£518.6k - Gartmore House
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (3.4%)
-17% - Gartmore House
3.4% - Industry AVG
Production
with a gross margin of 63.2%, this company has a comparable cost of product (63.2%)
63.2% - Gartmore House
63.2% - Industry AVG
Profitability
an operating margin of -25.9% make it less profitable than the average company (8.6%)
-25.9% - Gartmore House
8.6% - Industry AVG
Employees
with 12 employees, this is below the industry average (79)
12 - Gartmore House
79 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£23k)
£24.8k - Gartmore House
£23k - Industry AVG
Efficiency
resulting in sales per employee of £43.2k, this is less efficient (£68.7k)
£43.2k - Gartmore House
£68.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (8 days)
21 days - Gartmore House
8 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (47 days)
114 days - Gartmore House
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gartmore House
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Gartmore House
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.3%, this is a lower level of debt than the average (75.9%)
58.3% - Gartmore House
75.9% - Industry AVG
GARTMORE HOUSE financials
Gartmore House's latest turnover from July 2023 is £518.6 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Gartmore House has 12 employees and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 518,639 | 446,028 | 571,488 | 915,319 | 1,038,865 | 1,054,910 | 1,346,943 | 882,165 | 826,415 | 627,348 | 682,513 | 787,022 | 1,342,697 | 1,323,268 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 56,093 | 0 | 0 | 38,917 | 57,860 | 76,942 | 96,861 | 137,474 | 113,258 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -348,460 | -366,215 | 15,392 | 51,262 | 6,257 | 11,584 | 17,617 | 61,145 | 121,188 | -281,738 | -229,225 | -189,232 | -141,011 | -224,010 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -348,460 | -366,215 | 15,392 | 51,262 | 6,257 | 11,584 | 17,617 | 61,145 | 121,188 | -281,738 | -229,225 | -189,232 | -141,011 | -224,010 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -348,460 | -366,215 | 15,392 | 51,262 | 6,257 | 11,584 | 17,617 | 61,145 | 121,188 | -281,738 | -229,225 | -189,232 | -141,011 | -224,010 |
| Employee Costs | 297,128 | 263,382 | 230,827 | 375,848 | 442,407 | 387,117 | 525,449 | 360,284 | 306,923 | 312,753 | 386,794 | 389,408 | 618,738 | 573,656 |
| Number Of Employees | 12 | 9 | 10 | 24 | 25 | 29 | 23 | 20 | 18 | 23 | 28 | 33 | 47 | 44 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,113,401 | 4,134,345 | 4,190,199 | 4,175,134 | 4,215,839 | 4,271,932 | 4,256,583 | 3,833,604 | 3,762,515 | 3,750,334 | 5,416,942 | 6,213,243 | 8,583,978 | 12,469,972 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Debtors (Due After 1 year) | 0 | 0 | 6,877 | 6,877 | 6,877 | 18,993 | 18,993 | 24,420 | 21,420 | 33,043 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,113,401 | 4,134,345 | 4,197,076 | 4,182,011 | 4,222,716 | 4,290,925 | 4,280,576 | 3,863,024 | 3,788,935 | 3,788,377 | 5,421,942 | 6,218,243 | 8,588,978 | 12,474,972 |
| Stock & work in progress | 0 | 30,000 | 30,000 | 20,000 | 21,089 | 20,000 | 14,706 | 28,536 | 16,097 | 15,000 | 0 | 0 | 0 | 0 |
| Trade Debtors | 30,434 | 49,934 | 4,179 | 38,539 | 12,544 | 26,023 | 76,103 | 28,525 | 23,518 | 14,509 | 5,006 | 10,956 | 8,624 | 11,544 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,500 | 0 | 0 | 0 |
| Misc Debtors | 21,312 | 43,525 | 38,208 | 83,946 | 116,956 | 62,659 | 7,301 | 1,215 | 5,650 | 9,058 | 28,060 | 59,628 | 20,433 | 24,746 |
| Cash | 2,053 | 311 | 8,114 | 81,922 | 0 | 0 | 0 | 1,649 | 737 | 435 | 868 | 7,332 | 12,858 | 6,716 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,799 | 123,770 | 80,501 | 224,407 | 150,589 | 108,682 | 98,110 | 59,925 | 46,002 | 39,002 | 96,434 | 77,916 | 41,915 | 43,006 |
| total assets | 4,167,200 | 4,258,115 | 4,277,577 | 4,406,418 | 4,373,305 | 4,399,607 | 4,378,686 | 3,922,949 | 3,834,937 | 3,827,379 | 5,518,376 | 6,296,159 | 8,630,893 | 12,517,978 |
| Bank overdraft | 10,375 | 91,596 | 56,503 | 0 | 58,334 | 87,745 | 42,603 | 0 | 40,913 | 47,377 | 1,389,681 | 1,181,812 | 1,351,018 | 1,252,565 |
| Bank loan | 77,680 | 77,679 | 86,053 | 49,388 | 100,416 | 100,416 | 100,416 | 78,020 | 43,472 | 46,721 | 655,337 | 655,365 | 681,999 | 1,737,690 |
| Trade Creditors | 59,850 | 68,310 | 18,123 | 10,645 | 46,621 | 37,005 | 22,309 | 18,612 | 18,445 | 17,288 | 43,832 | 100,052 | 129,047 | 172,784 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 500,000 | 0 |
| other short term finances | 70,000 | 20,000 | 20,000 | 100,000 | 0 | 285,986 | 263,512 | 184,935 | 163,938 | 0 | 0 | 0 | 0 | 500,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 1,866 | 13,178 | 3,528 | 0 | 0 | 0 | 17,595 | 37,208 |
| other current liabilities | 266,684 | 314,002 | 326,291 | 395,535 | 386,120 | 376,821 | 362,590 | 284,512 | 270,632 | 249,044 | 276,210 | 214,171 | 459,022 | 305,799 |
| total current liabilities | 484,589 | 571,587 | 506,970 | 555,568 | 591,491 | 887,973 | 793,296 | 579,257 | 540,928 | 360,430 | 2,365,060 | 2,651,400 | 3,138,681 | 4,006,046 |
| loans | 1,944,796 | 1,600,253 | 1,318,117 | 1,413,752 | 1,395,978 | 1,132,055 | 1,217,395 | 989,500 | 1,042,000 | 1,272,037 | 698,666 | 189,642 | 1,920,603 | 938,637 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,947 | 7,909 | 0 | 0 | 0 | 2,260 | 19,855 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,000 | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,944,796 | 1,600,253 | 1,318,117 | 1,413,752 | 1,395,978 | 1,132,055 | 1,217,395 | 1,003,447 | 1,049,909 | 1,344,037 | 748,666 | 189,642 | 1,922,863 | 958,492 |
| total liabilities | 2,429,385 | 2,171,840 | 1,825,087 | 1,969,320 | 1,987,469 | 2,020,028 | 2,010,691 | 1,582,704 | 1,590,837 | 1,704,467 | 3,113,726 | 2,841,042 | 5,061,544 | 4,964,538 |
| net assets | 1,737,815 | 2,086,275 | 2,452,490 | 2,437,098 | 2,385,836 | 2,379,579 | 2,367,995 | 2,340,245 | 2,244,100 | 2,122,912 | 2,404,650 | 3,455,117 | 3,569,349 | 7,553,440 |
| total shareholders funds | 1,737,815 | 2,086,275 | 2,452,490 | 2,437,098 | 2,385,836 | 2,379,579 | 2,367,995 | 2,340,245 | 2,244,100 | 2,122,912 | 2,404,650 | 3,455,117 | 3,569,349 | 7,553,440 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 58,003 | 68,154 | 71,656 | 80,040 | 83,872 | 76,603 | 134,538 | 66,762 | 47,497 | 29,226 | 27,135 | 31,056 | 57,698 | 69,482 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -30,000 | 0 | 10,000 | -1,089 | 1,089 | 5,294 | -13,830 | 12,439 | 1,097 | 15,000 | 0 | 0 | 0 | 0 |
| Debtors | -41,713 | 44,195 | -80,098 | -7,015 | 28,702 | 5,278 | 48,237 | 3,572 | -6,022 | -38,956 | 24,982 | 41,527 | -7,233 | 36,290 |
| Creditors | -8,460 | 50,187 | 7,478 | -35,976 | 9,616 | 14,696 | 3,697 | 167 | 1,157 | -26,544 | -56,220 | -28,995 | -43,737 | 172,784 |
| Accruals and Deferred Income | -47,318 | -12,289 | -69,244 | 9,415 | 9,299 | 14,231 | 78,078 | 13,880 | 21,588 | -27,166 | 62,039 | -244,851 | 153,223 | 305,799 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -58,453 | -547,384 | -102,851 | -59,678 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -53,453 | -547,384 | -102,851 | -59,678 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | 1 | -8,374 | 36,665 | -51,028 | 0 | 0 | 22,396 | 34,548 | -3,249 | -608,616 | -28 | -26,634 | -1,055,691 | 1,737,690 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500,000 | 0 | 500,000 | 0 |
| Other Short Term Loans | 50,000 | 0 | -80,000 | 100,000 | -285,986 | 22,474 | 78,577 | 20,997 | 163,938 | 0 | 0 | 0 | -500,000 | 500,000 |
| Long term loans | 344,543 | 282,136 | -95,635 | 17,774 | 263,923 | -85,340 | 227,895 | -52,500 | -230,037 | 573,371 | 509,024 | -1,730,961 | 981,966 | 938,637 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -1,866 | -25,259 | 15,688 | 11,437 | 0 | 0 | -19,855 | -37,208 | 57,063 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72,000 | 22,000 | 50,000 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -56,093 | 0 | 0 | -38,917 | -57,860 | -76,942 | -96,861 | -137,474 | -113,258 |
| cash flow from financing | 394,544 | 273,762 | -138,970 | 66,746 | -22,063 | -120,825 | 313,742 | 53,733 | -168,828 | -71,105 | -839,188 | -1,799,311 | -4,091,487 | 10,897,582 |
| cash and cash equivalents | ||||||||||||||
| cash | 1,742 | -7,803 | -73,808 | 81,922 | 0 | 0 | -1,649 | 912 | 302 | -433 | -6,464 | -5,526 | 6,142 | 6,716 |
| overdraft | -81,221 | 35,093 | 56,503 | -58,334 | -29,411 | 45,142 | 42,603 | -40,913 | -6,464 | -1,342,304 | 207,869 | -169,206 | 98,453 | 1,252,565 |
| change in cash | 82,963 | -42,896 | -130,311 | 140,256 | 29,411 | -45,142 | -44,252 | 41,825 | 6,766 | 1,341,871 | -214,333 | 163,680 | -92,311 | -1,245,849 |
gartmore house Credit Report and Business Information
Gartmore House Competitor Analysis
Perform a competitor analysis for gartmore house by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in FK8 area or any other competitors across 12 key performance metrics.
gartmore house Ownership
GARTMORE HOUSE group structure
Gartmore House has no subsidiary companies.
Ultimate parent company
GARTMORE HOUSE
SC200806
gartmore house directors
Gartmore House currently has 3 directors. The longest serving directors include Mr Peter Sunderland (Oct 1999) and Mr Peter Taylor Obe (May 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Sunderland | 68 years | Oct 1999 | - | Director | |
| Mr Peter Taylor Obe | 81 years | May 2000 | - | Director | |
| Mr Andrew Sutherland | 64 years | Jan 2021 | - | Director |
P&L
July 2023turnover
518.6k
+16%
operating profit
-134.4k
0%
gross margin
63.3%
+4.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.7m
-0.17%
total assets
4.2m
-0.02%
cash
2.1k
+5.6%
net assets
Total assets minus all liabilities
gartmore house company details
company number
SC200806
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
55100 - Hotels and similar accommodation
incorporation date
October 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
RENNIE SMITH & CO
address
gartmore house gartmore, stirling, FK8 3RS
Bank
BANK OF SCOTLAND
Legal Advisor
LINDSAYS
gartmore house 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 7 charges/mortgages relating to gartmore house. Currently there are 4 open charges and 3 have been satisfied in the past.
gartmore house 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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gartmore house Companies House Filings - See Documents
| date | description | view/download |
|---|
