Pomanda estimates the enterprise value of GRISSAN PORTSIDE LIMITED at £19m based on a Turnover of £6.8m and 2.79x industry multiple (adjusted for size and gross margin).
grissan portside limitedEstimated Valuation
£11.8m
Pomanda estimates the enterprise value of GRISSAN PORTSIDE LIMITED at £11.8m based on an EBITDA of £1.5m and a 8.11x industry multiple (adjusted for size and gross margin).
grissan portside limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GRISSAN PORTSIDE LIMITED at £0 based on Net Assets of £-5.1m and 2.45x industry multiple (adjusted for liquidity).
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Grissan Portside LimitedOverview
Grissan Portside Limited is a live company located in girvan, KA26 9PL with a Companies House number of SC513982. It operates in the manufacture of gas sector, SIC Code 35210. Founded in August 2015, it's largest shareholder is
grissan energy uk limited
with a 100% stake. Grissan Portside Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£6.8m with
high
growth in recent years.
Pomanda's financial health check has awarded Grissan Portside Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
6 Regular
5 Weak
Size
annual sales of £6.8m, make it in line with the average company (£7.7m)
£6.8m - Grissan Portside Limited
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a similar rate (24.3%)
24% - Grissan Portside Limited
24.3% - Industry AVG
Production
with a gross margin of 53.6%, this company has a comparable cost of product (48.4%)
53.6% - Grissan Portside Limited
48.4% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (14%)
4.4% - Grissan Portside Limited
14% - Industry AVG
Employees
with 8 employees, this is similar to the industry average (8)
8 - Grissan Portside Limited
8 - Industry AVG
Pay Structure
on an average salary of £87.4k, the company has an equivalent pay structure (£87.4k)
£87.4k - Grissan Portside Limited
£87.4k - Industry AVG
Efficiency
resulting in sales per employee of £849.2k, this is less efficient (£1.2m)
£849.2k - Grissan Portside Limited
£1.2m - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (14 days)
11 days - Grissan Portside Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (38 days)
89 days - Grissan Portside Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is more than average (46 days)
55 days - Grissan Portside Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Grissan Portside Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 164%, this is a higher level of debt than the average (104.6%)
164% - Grissan Portside Limited
104.6% - Industry AVG
GRISSAN PORTSIDE LIMITED financials
EXPORT
Grissan Portside Limited's latest turnover from December 2023 is £6.8 million and the company has net assets of -£5.1 million. According to their latest financial statements, Grissan Portside Limited has 8 employees and maintains cash reserves of £126.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
6,793,469
7,766,020
5,139,621
3,533,582
3,848,849
2,235,727
Other Income Or Grants
Cost Of Sales
3,155,659
3,108,590
2,564,716
2,555,069
2,734,389
2,168,685
66,516
Gross Profit
3,637,810
4,657,430
2,574,905
978,513
1,114,460
67,042
-66,516
Admin Expenses
3,336,788
2,913,007
2,638,605
2,469,267
2,447,481
2,148,635
937,582
129,046
Operating Profit
301,022
1,744,423
-63,700
-1,490,754
-1,333,021
-2,081,593
-1,004,098
-129,046
Interest Payable
715,775
401,582
238,965
249,310
293,500
231,825
123,211
1,427
Interest Receivable
Pre-Tax Profit
-414,753
1,342,841
-302,665
-1,740,064
-1,626,521
-2,313,418
-1,127,309
-130,473
Tax
103,074
-242,587
27,996
298,050
319,758
458,433
197,328
45,775
Profit After Tax
-311,679
1,100,254
-274,669
-1,442,014
-1,306,763
-1,854,985
-929,981
-84,698
Dividends Paid
Retained Profit
-311,679
1,100,254
-274,669
-1,442,014
-1,306,763
-1,854,985
-929,981
-84,698
Employee Costs
699,553
590,034
565,393
546,333
443,597
276,176
56,147
68,021
Number Of Employees
8
9
8
7
6
4
1
1
EBITDA*
1,460,156
2,900,901
1,077,137
-359,367
-206,425
-1,144,363
-1,004,098
-129,046
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
4,825,105
5,985,064
7,097,977
10,153,883
9,202,132
10,309,530
10,266,006
2,825,693
Intangible Assets
Investments & Other
157,300
Debtors (Due After 1 year)
6,959
75,452
856,605
1,054,283
886,358
243,103
Total Fixed Assets
4,832,064
5,985,064
7,173,429
11,010,488
10,256,415
11,195,888
10,509,109
2,982,993
Stock & work in progress
480,398
433,276
272,111
127,524
64,682
87,848
Trade Debtors
222,529
241,178
288,237
1,093,123
1,655,555
1,680,313
Group Debtors
356,775
818,310
2,947,961
1,790,205
500,815
134,339
12,615
468,894
Misc Debtors
1,963,159
2,391,640
1,662,287
451,185
105,328
164,986
242,816
554,985
Cash
126,156
66,847
93,598
355,771
672,802
31,753
32,552
35,492
misc current assets
total current assets
3,149,017
3,951,251
5,264,194
3,817,808
2,999,182
2,099,239
287,983
1,059,371
total assets
7,981,081
9,936,315
12,437,623
14,828,296
13,255,597
13,295,127
10,797,092
4,042,364
Bank overdraft
Bank loan
Trade Creditors
774,881
207,327
238,598
1,985,600
7,420
219,632
521,632
1,828,516
Group/Directors Accounts
4,475,992
2,845,331
2,589,758
1,620,373
520,279
784,257
40,229
other short term finances
hp & lease commitments
other current liabilities
483,591
376,459
319,161
335,652
484,856
18,622
750
total current liabilities
5,734,464
3,429,117
3,147,517
1,985,600
1,963,445
1,224,767
1,324,511
1,869,495
loans
7,029,397
10,586,896
14,712,420
18,037,517
15,192,486
14,755,201
10,487,259
hp & lease commitments
Accruals and Deferred Income
other liabilities
295,288
2,257,566
provisions
321,754
417,869
470,795
423,619
276,092
184,822
total long term liabilities
7,351,151
11,300,053
15,183,215
18,461,136
15,468,578
14,940,023
10,487,259
2,257,566
total liabilities
13,085,615
14,729,170
18,330,732
20,446,736
17,432,023
16,164,790
11,811,770
4,127,061
net assets
-5,104,534
-4,792,855
-5,893,109
-5,618,440
-4,176,426
-2,869,663
-1,014,678
-84,697
total shareholders funds
-5,104,534
-4,792,855
-5,893,109
-5,618,440
-4,176,426
-2,869,663
-1,014,678
-84,697
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
301,022
1,744,423
-63,700
-1,490,754
-1,333,021
-2,081,593
-1,004,098
-129,046
Depreciation
1,159,134
1,156,478
1,140,837
1,131,387
1,126,596
937,230
Amortisation
Tax
103,074
-242,587
27,996
298,050
319,758
458,433
197,328
45,775
Stock
47,122
161,165
144,587
62,842
-23,166
87,848
Debtors
-901,706
-1,522,809
782,819
875,137
449,985
2,367,462
-525,345
1,023,879
Creditors
567,554
-31,271
-1,747,002
1,978,180
-212,212
-302,000
-1,306,884
1,828,516
Accruals and Deferred Income
107,132
57,298
319,161
-335,652
-149,204
466,234
17,872
750
Deferred Taxes & Provisions
-96,115
-52,926
47,176
147,527
91,270
184,822
Cash flow from operations
2,996,385
3,993,059
-1,202,938
790,759
-583,632
-2,792,184
-1,570,437
722,116
Investing Activities
capital expenditure
825
-43,565
1,915,069
-2,083,138
-19,198
-980,754
-7,440,313
-2,825,693
Change in Investments
-157,300
157,300
cash flow from investments
825
-43,565
1,915,069
-2,083,138
-19,198
-980,754
-7,283,013
-2,982,993
Financing Activities
Bank loans
Group/Directors Accounts
1,630,661
255,573
2,589,758
-1,620,373
1,100,094
-263,978
744,028
40,229
Other Short Term Loans
Long term loans
-3,557,499
-4,125,524
-3,325,097
2,845,031
437,285
4,267,942
10,487,259
Hire Purchase and Lease Commitments
other long term liabilities
-295,288
295,288
-2,257,566
2,257,566
share issue
1
interest
-715,775
-401,582
-238,965
-249,310
-293,500
-231,825
-123,211
-1,427
cash flow from financing
-2,937,901
-3,976,245
-974,304
975,348
1,243,879
3,772,139
8,850,510
2,296,369
cash and cash equivalents
cash
59,309
-26,751
-262,173
-317,031
641,049
-799
-2,940
35,492
overdraft
change in cash
59,309
-26,751
-262,173
-317,031
641,049
-799
-2,940
35,492
grissan portside limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for grissan portside limited. Get real-time insights into grissan portside limited's credit score, group structure and payment trends.
Perform a competitor analysis for grissan portside limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in KA26 area or any other competitors across 12 key performance metrics.
grissan portside limited Ownership
GRISSAN PORTSIDE LIMITED group structure
Grissan Portside Limited has no subsidiary companies.
The sole shareholder of Grissan Portside Limited is Grissan Energy Uk Limited.
grissan energy uk limited
100%
grissan portside limited directors
Grissan Portside Limited currently has 3 directors.
The longest serving directors include
Mr Paul Blackler (Aug 2015) and
Mr Nicholas Smyth (Jul 2016).
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 grissan portside limited.
grissan portside 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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grissan portside limitedCompanies House Filings - See Documents
