gl residential (seaview) limited

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gl residential (seaview) limited Company Information

Share GL RESIDENTIAL (SEAVIEW) LIMITED

Company Number

SC574038

Directors

Garry Lees

Shareholders

garry lees

gordon lees

Group Structure

View All

Industry

Development of building projects

 

Registered Address

office 8, river court, 5 west victoria dock road, dundee, DD1 3JT

gl residential (seaview) limited Estimated Valuation

£559.2k

Pomanda estimates the enterprise value of GL RESIDENTIAL (SEAVIEW) LIMITED at £559.2k based on a Turnover of £1.1m and 0.5x industry multiple (adjusted for size and gross margin).

gl residential (seaview) limited Estimated Valuation

£286.1k

Pomanda estimates the enterprise value of GL RESIDENTIAL (SEAVIEW) LIMITED at £286.1k based on an EBITDA of £78.7k and a 3.64x industry multiple (adjusted for size and gross margin).

gl residential (seaview) limited Estimated Valuation

£14.9k

Pomanda estimates the enterprise value of GL RESIDENTIAL (SEAVIEW) LIMITED at £14.9k based on Net Assets of £10.8k and 1.38x industry multiple (adjusted for liquidity).

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Gl Residential (seaview) Limited Overview

Gl Residential (seaview) Limited is a live company located in dundee, DD1 3JT with a Companies House number of SC574038. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2017, it's largest shareholder is garry lees with a 50% stake. Gl Residential (seaview) Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Gl Residential (seaview) Limited Health Check

Pomanda's financial health check has awarded Gl Residential (Seaview) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2m)

£1.1m - Gl Residential (seaview) Limited

£2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (1.2%)

-52% - Gl Residential (seaview) Limited

1.2% - Industry AVG

production

Production

with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)

25.2% - Gl Residential (seaview) Limited

25.2% - Industry AVG

profitability

Profitability

an operating margin of 7.1% make it less profitable than the average company (11.6%)

7.1% - Gl Residential (seaview) Limited

11.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Gl Residential (seaview) Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.6k, the company has an equivalent pay structure (£44.6k)

£44.6k - Gl Residential (seaview) Limited

£44.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £557.1k, this is more efficient (£271.4k)

£557.1k - Gl Residential (seaview) Limited

£271.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Gl Residential (seaview) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (32 days)

78 days - Gl Residential (seaview) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gl Residential (seaview) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 100 weeks, this is more cash available to meet short term requirements (14 weeks)

100 weeks - Gl Residential (seaview) Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (74.2%)

98.5% - Gl Residential (seaview) Limited

74.2% - Industry AVG

GL RESIDENTIAL (SEAVIEW) LIMITED financials

EXPORTms excel logo

Gl Residential (Seaview) Limited's latest turnover from April 2022 is estimated at £1.1 million and the company has net assets of £10.8 thousand. According to their latest financial statements, Gl Residential (Seaview) Limited has 2 employees and maintains cash reserves of £681.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover1,114,2491,978,7671,592,88210,089,219400,851
Other Income Or Grants00000
Cost Of Sales833,7221,507,3491,172,0827,178,417281,545
Gross Profit280,527471,418420,8002,910,802119,306
Admin Expenses201,836361,201350,0352,881,71594,045
Operating Profit78,691110,21770,76529,08725,261
Interest Payable78,373116,33357,73426,26125,288
Interest Receivable4,417248000
Pre-Tax Profit4,735-5,86713,0312,826-27
Tax-9000-2,476-5370
Profit After Tax3,835-5,86710,5552,289-27
Dividends Paid00000
Retained Profit3,835-5,86710,5552,289-27
Employee Costs89,25086,894302,2141,701,92783,784
Number Of Employees227402
EBITDA*78,691110,21770,76529,08725,261

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets00000
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets00000
Stock & work in progress01,781,0752,121,0751,233,558746,088
Trade Debtors00000
Group Debtors00000
Misc Debtors18,972387,714469,903355,059258,679
Cash681,061496,695000
misc current assets00079,5730
total current assets700,0332,665,4842,590,9781,668,1901,004,767
total assets700,0332,665,4842,590,9781,668,1901,004,767
Bank overdraft00007,144
Bank loan65,2171,584,6031,892,9110770,958
Trade Creditors 178,718337,230134,1161,665,9263,555
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities109,636400,032548,6560223,135
total current liabilities353,5712,321,8652,575,6831,665,9261,004,792
loans335,675336,667000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities002,47600
provisions00000
total long term liabilities335,675336,6672,47600
total liabilities689,2462,658,5322,578,1591,665,9261,004,792
net assets10,7876,95212,8192,264-25
total shareholders funds10,7876,95212,8192,264-25
Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit78,691110,21770,76529,08725,261
Depreciation00000
Amortisation00000
Tax-9000-2,476-5370
Stock-1,781,075-340,000887,517487,470746,088
Debtors-368,742-82,189114,84496,380258,679
Creditors-158,512203,114-1,531,8101,662,3713,555
Accruals and Deferred Income-290,396-148,624548,656-223,135223,135
Deferred Taxes & Provisions00000
Cash flow from operations1,778,700586,896-1,917,226883,936-752,816
Investing Activities
capital expenditure00000
Change in Investments00000
cash flow from investments00000
Financing Activities
Bank loans-1,519,386-308,3081,892,911-770,958770,958
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans-992336,667000
Hire Purchase and Lease Commitments00000
other long term liabilities0-2,4762,47600
share issue00002
interest-73,956-116,085-57,734-26,261-25,288
cash flow from financing-1,594,334-90,2021,837,653-797,219745,672
cash and cash equivalents
cash184,366496,695000
overdraft000-7,1447,144
change in cash184,366496,69507,144-7,144

gl residential (seaview) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gl Residential (seaview) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gl residential (seaview) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DD1 area or any other competitors across 12 key performance metrics.

gl residential (seaview) limited Ownership

GL RESIDENTIAL (SEAVIEW) LIMITED group structure

Gl Residential (Seaview) Limited has no subsidiary companies.

Ultimate parent company

GL RESIDENTIAL (SEAVIEW) LIMITED

SC574038

GL RESIDENTIAL (SEAVIEW) LIMITED Shareholders

garry lees 50%
gordon lees 50%

gl residential (seaview) limited directors

Gl Residential (Seaview) Limited currently has 1 director, Mr Garry Lees serving since Aug 2017.

officercountryagestartendrole
Mr Garry LeesScotland64 years Aug 2017- Director

P&L

April 2022

turnover

1.1m

-44%

operating profit

78.7k

0%

gross margin

25.2%

+5.68%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2022

net assets

10.8k

+0.55%

total assets

700k

-0.74%

cash

681.1k

+0.37%

net assets

Total assets minus all liabilities

gl residential (seaview) limited company details

company number

SC574038

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

August 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2022

previous names

N/A

accountant

-

auditor

-

address

office 8, river court, 5 west victoria dock road, dundee, DD1 3JT

Bank

-

Legal Advisor

-

gl residential (seaview) limited 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 9 charges/mortgages relating to gl residential (seaview) limited. Currently there are 0 open charges and 9 have been satisfied in the past.

gl residential (seaview) 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.

Click to start generating capital raising & share issue transactions for GL RESIDENTIAL (SEAVIEW) LIMITED. This can take several minutes, an email will notify you when this has completed.

gl residential (seaview) limited Companies House Filings - See Documents

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