Pomanda estimates the enterprise value of GRISSAN CORESIDE LIMITED at £948.2k based on a Turnover of £635.3k and 1.49x industry multiple (adjusted for size and gross margin).
grissan coreside limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GRISSAN CORESIDE LIMITED at £0 based on an EBITDA of £-304.8k and a 4.34x industry multiple (adjusted for size and gross margin).
grissan coreside limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GRISSAN CORESIDE LIMITED at £0 based on Net Assets of £-2.4m and 2.45x industry multiple (adjusted for liquidity).
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Grissan Coreside LimitedOverview
Grissan Coreside Limited is a live company located in girvan, KA26 9PT with a Companies House number of SC590254. It operates in the manufacture of gas sector, SIC Code 35210. Founded in March 2018, it's largest shareholder is
grissan energy uk limited
with a 100% stake. Grissan Coreside Limited is a young,
small sized company, Pomanda has estimated its turnover at
£635.3k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Grissan Coreside Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
8 Weak
Size
annual sales of £635.3k, make it smaller than the average company (£7.7m)
£635.3k - Grissan Coreside Limited
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a slower rate (24.3%)
10% - Grissan Coreside Limited
24.3% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (48.4%)
25.4% - Grissan Coreside Limited
48.4% - Industry AVG
Profitability
an operating margin of -117.9% make it less profitable than the average company (14%)
-117.9% - Grissan Coreside Limited
14% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (8)
7 - Grissan Coreside 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 Coreside Limited
£87.4k - Industry AVG
Efficiency
resulting in sales per employee of £90.8k, this is less efficient (£1.2m)
£90.8k - Grissan Coreside Limited
£1.2m - Industry AVG
Debtor Days
it gets paid by customers after 559 days, this is later than average (14 days)
559 days - Grissan Coreside Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 503 days, this is slower than average (38 days)
503 days - Grissan Coreside Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 304 days, this is more than average (46 days)
304 days - Grissan Coreside Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Grissan Coreside Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.7%, this is a similar level of debt than the average (104.6%)
107.7% - Grissan Coreside Limited
104.6% - Industry AVG
GRISSAN CORESIDE LIMITED financials
EXPORT
Grissan Coreside Limited's latest turnover from December 2023 is £635.3 thousand and the company has net assets of -£2.4 million. According to their latest financial statements, Grissan Coreside Limited has 7 employees and maintains cash reserves of £109.3 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
Turnover
635,289
6,889,769
482,516
402,490
253,800
Other Income Or Grants
Cost Of Sales
473,780
4,282,100
342,801
302,109
176,899
Gross Profit
161,509
2,607,669
139,716
100,381
76,901
Admin Expenses
910,831
49,378
2,730,745
143,686
100,705
91,256
Operating Profit
-749,322
-49,378
-123,076
-3,970
-324
-14,355
Interest Payable
1,548,101
388,974
Interest Receivable
1,515
Pre-Tax Profit
-2,295,908
-438,352
-123,076
-3,970
-324
-14,355
Tax
361,577
81,387
Profit After Tax
-1,934,331
-356,965
-123,076
-3,970
-324
-14,355
Dividends Paid
Retained Profit
-1,934,331
-356,965
-123,076
-3,970
-324
-14,355
Employee Costs
612,109
65,559
636,067
78,048
73,933
69,044
Number Of Employees
7
1
9
1
1
1
EBITDA*
-304,760
-49,378
-123,076
-3,970
-324
-14,355
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
26,229,163
16,228,162
2,751,426
2,914
68,124
66,537
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
2,911,748
81,387
Total Fixed Assets
29,140,911
16,309,549
2,751,426
2,914
68,124
66,537
Stock & work in progress
395,268
Trade Debtors
973,835
667,366
67,958
1,345
1,345
Group Debtors
244,052
393,828
Misc Debtors
633,898
3,145,167
Cash
109,348
104,875
misc current assets
total current assets
2,356,401
3,643,870
667,366
67,958
1,345
1,345
total assets
31,497,312
19,953,419
3,418,792
70,872
69,469
67,882
Bank overdraft
Bank loan
Trade Creditors
653,571
202,620
1,337
83,167
82,636
82,237
Group/Directors Accounts
419,299
74,928
other short term finances
hp & lease commitments
other current liabilities
222,706
total current liabilities
1,295,576
277,548
1,337
83,167
82,636
82,237
loans
29,974,155
20,064,130
hp & lease commitments
Accruals and Deferred Income
other liabilities
3,559,180
6,354
1,512
provisions
2,660,601
110,430
total long term liabilities
32,634,756
20,174,560
3,559,180
6,354
1,512
total liabilities
33,930,332
20,452,108
3,560,517
89,521
84,148
82,237
net assets
-2,433,020
-498,689
-141,725
-18,649
-14,679
-14,355
total shareholders funds
-2,433,020
-498,689
-141,725
-18,649
-14,679
-14,355
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-749,322
-49,378
-123,076
-3,970
-324
-14,355
Depreciation
444,562
Amortisation
Tax
361,577
81,387
Stock
395,268
Debtors
1,143,151
2,953,016
599,408
66,613
1,345
Creditors
450,951
201,283
-81,830
531
399
82,237
Accruals and Deferred Income
222,706
Deferred Taxes & Provisions
2,550,171
110,430
Cash flow from operations
1,742,226
-2,609,294
-804,314
-70,052
75
66,537
Investing Activities
capital expenditure
-10,445,563
-13,476,736
-2,748,512
65,210
-1,587
-66,537
Change in Investments
cash flow from investments
-10,445,563
-13,476,736
-2,748,512
65,210
-1,587
-66,537
Financing Activities
Bank loans
Group/Directors Accounts
344,371
74,928
Other Short Term Loans
Long term loans
9,910,025
20,064,130
Hire Purchase and Lease Commitments
other long term liabilities
-3,559,180
3,552,826
4,842
1,512
share issue
1
interest
-1,546,586
-388,974
cash flow from financing
8,707,810
16,190,905
3,552,826
4,842
1,512
cash and cash equivalents
cash
4,473
104,875
overdraft
change in cash
4,473
104,875
grissan coreside 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 coreside limited. Get real-time insights into grissan coreside limited's credit score, group structure and payment trends.
Perform a competitor analysis for grissan coreside limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in KA26 area or any other competitors across 12 key performance metrics.
grissan coreside limited Ownership
GRISSAN CORESIDE LIMITED group structure
Grissan Coreside Limited has no subsidiary companies.
The sole shareholder of Grissan Coreside Limited is Grissan Energy Uk Limited.
grissan energy uk limited
100%
grissan coreside limited directors
Grissan Coreside Limited currently has 4 directors.
The longest serving directors include
Mr Paul Blackler (Mar 2018) and
Mr Nicholas Smyth (Mar 2018).
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 coreside limited.
grissan coreside limited Capital Raised & Share Issues BETA
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grissan coreside limitedCompanies House Filings - See Documents
