golden apple developments ltd
golden apple developments ltd Company Information
Company Number
SC557330
Next Accounts
7 days late
Industry
Other business support service activities n.e.c.
Shareholders
alexander roley
ben pearson homes limited
Group Structure
View All
Contact
Registered Address
272 bath street, glasgow, G2 4JR
Website
-golden apple developments ltd Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN APPLE DEVELOPMENTS LTD at £239.2k based on a Turnover of £445.5k and 0.54x industry multiple (adjusted for size and gross margin).
golden apple developments ltd Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN APPLE DEVELOPMENTS LTD at £368.6k based on an EBITDA of £93.1k and a 3.96x industry multiple (adjusted for size and gross margin).
golden apple developments ltd Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN APPLE DEVELOPMENTS LTD at £0 based on Net Assets of £-1.8k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Golden Apple Developments Ltd Overview
Golden Apple Developments Ltd is a live company located in glasgow, G2 4JR with a Companies House number of SC557330. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2017, it's largest shareholder is alexander roley with a 50% stake. Golden Apple Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £445.5k with declining growth in recent years.
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Golden Apple Developments Ltd Health Check
Pomanda's financial health check has awarded Golden Apple Developments Ltd a 3 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 £445.5k, make it smaller than the average company (£3.1m)
- Golden Apple Developments Ltd
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.1%)
- Golden Apple Developments Ltd
4.1% - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
- Golden Apple Developments Ltd
38.6% - Industry AVG
Profitability
an operating margin of 20.9% make it more profitable than the average company (6.5%)
- Golden Apple Developments Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - Golden Apple Developments Ltd
20 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Golden Apple Developments Ltd
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £222.8k, this is more efficient (£141.2k)
- Golden Apple Developments Ltd
£141.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Golden Apple Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
- Golden Apple Developments Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 494 days, this is more than average (30 days)
- Golden Apple Developments Ltd
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (27 weeks)
6 weeks - Golden Apple Developments Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (60.5%)
100.4% - Golden Apple Developments Ltd
60.5% - Industry AVG
GOLDEN APPLE DEVELOPMENTS LTD financials
Golden Apple Developments Ltd's latest turnover from March 2023 is estimated at £445.5 thousand and the company has net assets of -£1.8 thousand. According to their latest financial statements, Golden Apple Developments Ltd has 2 employees and maintains cash reserves of £31.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 370,214 | 210,767 | 262,460 | 254,883 | 236,323 | 191,982 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 31,653 | 36,521 | 32,911 | 20 | 6,659 | 22,497 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 401,867 | 247,288 | 295,371 | 254,903 | 242,982 | 214,479 |
| total assets | 401,867 | 247,288 | 295,371 | 254,903 | 242,982 | 214,479 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 265,933 | 267,902 | 386,017 | 394,236 | 372,095 | 289,716 |
| total current liabilities | 265,934 | 267,902 | 386,017 | 394,236 | 372,095 | 289,716 |
| loans | 137,730 | 50,000 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 137,730 | 50,000 | 50,000 | 0 | 0 | 0 |
| total liabilities | 403,664 | 317,902 | 436,017 | 394,236 | 372,095 | 289,716 |
| net assets | -1,797 | -70,614 | -140,646 | -139,333 | -129,113 | -75,237 |
| total shareholders funds | -1,797 | -70,614 | -140,646 | -139,333 | -129,113 | -75,237 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 159,447 | -51,693 | 7,577 | 18,560 | 44,341 | 191,982 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 1 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,969 | -118,115 | -8,219 | 22,141 | 82,379 | 289,716 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 87,730 | 0 | 50,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -4,868 | 3,610 | 32,891 | -6,639 | -15,838 | 22,497 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,868 | 3,610 | 32,891 | -6,639 | -15,838 | 22,497 |
golden apple developments ltd Credit Report and Business Information
Golden Apple Developments Ltd Competitor Analysis
Perform a competitor analysis for golden apple developments ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
golden apple developments ltd Ownership
GOLDEN APPLE DEVELOPMENTS LTD group structure
Golden Apple Developments Ltd has 1 subsidiary company.
Ultimate parent company
GOLDEN APPLE DEVELOPMENTS LTD
SC557330
1 subsidiary
golden apple developments ltd directors
Golden Apple Developments Ltd currently has 2 directors. The longest serving directors include Mr Benjamin Pearson (Mar 2017) and Mr Alexander Roley (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Pearson | England | 44 years | Mar 2017 | - | Director |
| Mr Alexander Roley | England | 35 years | Mar 2017 | - | Director |
P&L
March 2023turnover
445.5k
-13%
operating profit
93.1k
0%
gross margin
38.7%
+1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.8k
-0.97%
total assets
401.9k
+0.63%
cash
31.7k
-0.13%
net assets
Total assets minus all liabilities
golden apple developments ltd company details
company number
SC557330
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
272 bath street, glasgow, G2 4JR
Bank
-
Legal Advisor
-
golden apple developments 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 found 3 charges/mortgages relating to golden apple developments ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
golden apple developments 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.
Click to start generating capital raising & share issue transactions for GOLDEN APPLE DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
golden apple developments ltd Companies House Filings - See Documents
| date | description | view/download |
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