Pomanda estimates the enterprise value of GRISSAN CARNSIDE LTD at £24.3m based on a Turnover of £9m and 2.72x industry multiple (adjusted for size and gross margin).
grissan carnside ltdEstimated Valuation
£15.3m
Pomanda estimates the enterprise value of GRISSAN CARNSIDE LTD at £15.3m based on an EBITDA of £1.9m and a 7.9x industry multiple (adjusted for size and gross margin).
grissan carnside ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GRISSAN CARNSIDE LTD at £0 based on Net Assets of £-8.9m and 2.45x industry multiple (adjusted for liquidity).
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Grissan Carnside LtdOverview
Grissan Carnside Ltd is a live company located in girvan, KA26 9PT with a Companies House number of SC531420. It operates in the manufacture of gas sector, SIC Code 35210. Founded in April 2016, it's largest shareholder is
grissan energy uk limited
with a 100% stake. Grissan Carnside Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Grissan Carnside Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
5 Regular
6 Weak
Size
annual sales of £9m, make it in line with the average company (£7.7m)
£9m - Grissan Carnside Ltd
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (24.3%)
37% - Grissan Carnside Ltd
24.3% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
48.4% - Grissan Carnside Ltd
48.4% - Industry AVG
Profitability
an operating margin of 6.4% make it less profitable than the average company (14%)
6.4% - Grissan Carnside Ltd
14% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (8)
9 - Grissan Carnside Ltd
8 - Industry AVG
Pay Structure
on an average salary of £87.4k, the company has an equivalent pay structure (£87.4k)
£87.4k - Grissan Carnside Ltd
£87.4k - Industry AVG
Efficiency
resulting in sales per employee of £995.4k, this is less efficient (£1.2m)
£995.4k - Grissan Carnside Ltd
£1.2m - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is near the average (14 days)
14 days - Grissan Carnside Ltd
14 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (38 days)
31 days - Grissan Carnside Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is more than average (46 days)
88 days - Grissan Carnside Ltd
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 Carnside Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 195.8%, this is a higher level of debt than the average (104.6%)
195.8% - Grissan Carnside Ltd
104.6% - Industry AVG
GRISSAN CARNSIDE LTD financials
EXPORT
Grissan Carnside Ltd's latest turnover from December 2023 is £9 million and the company has net assets of -£8.9 million. According to their latest financial statements, Grissan Carnside Ltd has 9 employees and maintains cash reserves of £136 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
8,958,178
9,303,116
5,567,282
3,518,906
3,538,368
2,094,301
1,128,244
Other Income Or Grants
Cost Of Sales
4,618,615
3,916,514
3,057,067
2,917,809
3,382,090
2,194,969
1,530,272
Gross Profit
4,339,563
5,386,602
2,510,215
601,097
156,278
-100,668
-402,028
Admin Expenses
3,769,738
3,283,877
2,660,960
1,701,625
3,067,822
3,169,274
2,303,941
274,659
Operating Profit
569,825
2,102,725
-150,745
-1,100,528
-2,911,544
-3,269,942
-2,705,969
-274,659
Interest Payable
1,014,229
525,988
284,628
343,047
457,454
304,443
200,820
62,962
Interest Receivable
Pre-Tax Profit
-444,404
1,576,737
-435,373
-1,443,575
-3,368,998
-3,574,385
-2,906,789
-337,621
Tax
112,885
-273,495
-48,114
36,787
834,674
687,487
558,238
101,660
Profit After Tax
-331,519
1,303,242
-483,487
-1,406,788
-2,534,324
-2,886,898
-2,348,551
-235,961
Dividends Paid
Retained Profit
-331,519
1,303,242
-483,487
-1,406,788
-2,534,324
-2,886,898
-2,348,551
-235,961
Employee Costs
786,997
524,474
424,045
390,238
443,597
207,132
112,294
68,021
Number Of Employees
9
8
6
5
6
3
2
1
EBITDA*
1,941,270
3,447,053
1,213,410
234,970
-1,577,130
-1,964,855
-2,009,750
-274,659
* 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
4,904,094
6,125,134
7,492,924
8,829,904
10,092,598
11,208,384
11,274,731
8,390,229
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
43,571
964,904
1,777,721
1,396,792
907,852
295,095
Total Fixed Assets
4,904,094
6,125,134
7,536,495
9,794,808
11,870,319
12,605,176
12,182,583
8,685,324
Stock & work in progress
1,115,994
856,766
664,679
652,343
1,148,396
1,251,863
1,091,823
392,345
Trade Debtors
363,573
317,945
458,485
1,064,703
1,795,439
2,249,665
Group Debtors
70,528
714,169
1,215,181
959,591
2,243,894
626,184
2,507
3,266,999
Misc Debtors
2,724,137
2,157,248
1,978,193
101,469
209,213
156,297
1,027,180
1,753,308
Cash
135,993
223,331
655,729
340,736
2,467,320
28,152
109,994
50,000
misc current assets
total current assets
4,410,225
4,269,459
4,972,267
3,118,842
7,864,262
4,312,161
2,231,504
5,462,652
total assets
9,314,319
10,394,593
12,508,762
12,913,650
19,734,581
16,917,337
14,414,087
14,147,976
Bank overdraft
Bank loan
Trade Creditors
394,521
275,263
243,736
31,270
213,860
132,119
386,920
2,064,516
Group/Directors Accounts
4,089,850
152,226
130,443
322,606
1,453,079
459,263
2,100,909
129,229
other short term finances
hp & lease commitments
other current liabilities
536,331
234,274
231,089
125,261
553,957
561,290
223,542
750
total current liabilities
5,020,702
661,763
605,268
479,137
2,220,896
1,152,672
2,711,371
2,194,495
loans
12,894,854
17,507,018
21,250,270
21,389,487
25,015,904
20,871,970
14,039,273
11,996,006
hp & lease commitments
Accruals and Deferred Income
other liabilities
28,785
382,645
provisions
294,263
435,933
549,232
457,547
503,514
364,104
247,954
193,435
total long term liabilities
13,217,902
18,325,596
21,799,502
21,847,034
25,519,418
21,236,074
14,287,227
12,189,441
total liabilities
18,238,604
18,987,359
22,404,770
22,326,171
27,740,314
22,388,746
16,998,598
14,383,936
net assets
-8,924,285
-8,592,766
-9,896,008
-9,412,521
-8,005,733
-5,471,409
-2,584,511
-235,960
total shareholders funds
-8,924,285
-8,592,766
-9,896,008
-9,412,521
-8,005,733
-5,471,409
-2,584,511
-235,960
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
569,825
2,102,725
-150,745
-1,100,528
-2,911,544
-3,269,942
-2,705,969
-274,659
Depreciation
1,371,445
1,344,328
1,364,155
1,335,498
1,334,414
1,305,087
696,219
Amortisation
Tax
112,885
-273,495
-48,114
36,787
834,674
687,487
558,238
101,660
Stock
259,228
192,087
12,336
-496,053
-103,467
160,040
699,478
392,345
Debtors
-31,124
-506,068
604,763
-2,935,600
1,597,329
2,491,399
-3,377,863
5,315,402
Creditors
119,258
31,527
212,466
-182,590
81,741
-254,801
-1,677,596
2,064,516
Accruals and Deferred Income
302,057
3,185
105,828
-428,696
-7,333
337,748
222,792
750
Deferred Taxes & Provisions
-141,670
-113,299
91,685
-45,967
139,410
116,150
54,519
193,435
Cash flow from operations
2,105,696
3,408,952
958,176
3,046,157
-2,022,500
-3,729,710
-173,412
-3,622,045
Investing Activities
capital expenditure
-150,405
23,462
-27,175
-72,804
-218,628
-1,238,740
-3,580,721
-8,390,229
Change in Investments
cash flow from investments
-150,405
23,462
-27,175
-72,804
-218,628
-1,238,740
-3,580,721
-8,390,229
Financing Activities
Bank loans
Group/Directors Accounts
3,937,624
21,783
-192,163
-1,130,473
993,816
-1,641,646
1,971,680
129,229
Other Short Term Loans
Long term loans
-4,612,164
-3,743,252
-139,217
-3,626,417
4,143,934
6,832,697
2,043,267
11,996,006
Hire Purchase and Lease Commitments
other long term liabilities
-353,860
382,645
share issue
1
interest
-1,014,229
-525,988
-284,628
-343,047
-457,454
-304,443
-200,820
-62,962
cash flow from financing
-2,042,629
-3,864,812
-616,008
-5,099,937
4,680,296
4,886,608
3,814,127
12,062,274
cash and cash equivalents
cash
-87,338
-432,398
314,993
-2,126,584
2,439,168
-81,842
59,994
50,000
overdraft
change in cash
-87,338
-432,398
314,993
-2,126,584
2,439,168
-81,842
59,994
50,000
grissan carnside ltd 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 carnside ltd. Get real-time insights into grissan carnside ltd's credit score, group structure and payment trends.
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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.
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grissan carnside ltd 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 carnside ltdCompanies House Filings - See Documents
