gardiner bros. and company (leathers) limitedEstimated Valuation
£30.2m
Pomanda estimates the enterprise value of GARDINER BROS. AND COMPANY (LEATHERS) LIMITED at £30.2m based on a Turnover of £38.9m and 0.77x industry multiple (adjusted for size and gross margin).
gardiner bros. and company (leathers) limitedEstimated Valuation
£33.2m
Pomanda estimates the enterprise value of GARDINER BROS. AND COMPANY (LEATHERS) LIMITED at £33.2m based on an EBITDA of £4.6m and a 7.22x industry multiple (adjusted for size and gross margin).
gardiner bros. and company (leathers) limitedEstimated Valuation
£29.5m
Pomanda estimates the enterprise value of GARDINER BROS. AND COMPANY (LEATHERS) LIMITED at £29.5m based on Net Assets of £14.5m and 2.04x industry multiple (adjusted for liquidity).
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Gardiner Bros. And Company (leathers) LimitedOverview
Gardiner Bros. And Company (leathers) Limited is a live company located in gloucester, GL2 4PH with a Companies House number of 00534801. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in June 1954, it's largest shareholder is
gardiner bros. & company holdings limited
with a 100% stake. Gardiner Bros. And Company (leathers) Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£38.9m with
high
growth in recent years.
Gardiner Bros. And Company (leathers) Limited Health Check
Pomanda's financial health check has awarded Gardiner Bros. And Company (Leathers) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £38.9m, make it larger than the average company (£16.9m)
£38.9m - Gardiner Bros. And Company (leathers) Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (6.6%)
24% - Gardiner Bros. And Company (leathers) Limited
6.6% - Industry AVG
Production
with a gross margin of 31%, this company has a comparable cost of product (31.5%)
31% - Gardiner Bros. And Company (leathers) Limited
31.5% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (4.1%)
8.6% - Gardiner Bros. And Company (leathers) Limited
4.1% - Industry AVG
Employees
with 262 employees, this is above the industry average (49)
262 - Gardiner Bros. And Company (leathers) Limited
49 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£38.2k)
£35.9k - Gardiner Bros. And Company (leathers) Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £148.6k, this is less efficient (£320.3k)
£148.6k - Gardiner Bros. And Company (leathers) Limited
£320.3k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (39 days)
74 days - Gardiner Bros. And Company (leathers) Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
1 days - Gardiner Bros. And Company (leathers) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 195 days, this is more than average (131 days)
195 days - Gardiner Bros. And Company (leathers) Limited
131 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Gardiner Bros. And Company (leathers) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.9%, this is a similar level of debt than the average (58.5%)
60.9% - Gardiner Bros. And Company (leathers) Limited
58.5% - Industry AVG
GARDINER BROS. AND COMPANY (LEATHERS) LIMITED financials
EXPORT
Gardiner Bros. And Company (Leathers) Limited's latest turnover from December 2023 is £38.9 million and the company has net assets of £14.5 million. According to their latest financial statements, Gardiner Bros. And Company (Leathers) Limited has 262 employees and maintains cash reserves of £6.4 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
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
38,938,462
32,688,855
29,813,971
20,500,720
14,903,601
11,256,331
10,663,752
9,005,829
9,904,457
9,167,588
9,158,000
7,604,000
7,326,000
7,145,520
5,427,807
Other Income Or Grants
Cost Of Sales
26,879,364
22,819,123
19,983,313
14,445,998
10,861,942
8,623,106
7,989,566
6,756,265
7,224,194
6,513,600
6,721,000
5,232,000
5,149,660
4,951,059
Gross Profit
12,059,098
9,869,732
9,830,658
6,054,722
4,041,659
2,633,225
2,674,186
2,249,564
2,680,263
2,653,988
2,437,000
2,372,000
2,176,340
2,194,461
Admin Expenses
8,693,643
6,470,791
4,758,349
3,088,131
2,491,124
2,345,887
2,365,707
1,928,285
2,452,694
2,451,209
2,032,000
1,874,000
2,017,340
2,035,189
-241,078
Operating Profit
3,365,455
3,398,941
5,072,309
2,966,591
1,550,535
287,338
308,479
321,279
227,569
202,779
405,000
498,000
159,000
159,272
241,078
Interest Payable
1,056,852
500,471
178,912
154,456
131,813
114,291
84,676
124,001
86,295
55,078
55,000
34,000
62,000
67,520
72,369
Interest Receivable
Pre-Tax Profit
2,308,603
2,898,470
4,893,397
2,812,135
1,346,422
215,047
223,803
210,450
141,274
147,701
350,000
464,000
97,000
91,752
195,486
Tax
-583,443
-866,301
-792,177
-539,696
-238,422
1,588
-3,476
-19,596
41,862
-18,485
-57,000
-88,000
-55,000
-19,016
-42,449
Profit After Tax
1,725,160
2,032,169
4,101,220
2,272,439
1,108,000
216,635
220,327
190,854
183,136
129,216
293,000
376,000
42,000
72,736
153,037
Dividends Paid
400,000
400,000
Retained Profit
1,325,160
1,632,169
4,101,220
2,272,439
1,108,000
216,635
220,327
190,854
183,136
129,216
293,000
376,000
42,000
72,736
153,037
Employee Costs
9,408,583
8,538,468
6,592,881
5,214,509
4,407,142
4,452,323
3,929,761
3,148,085
3,065,618
2,860,297
2,190,000
2,115,000
1,977,000
1,857,406
1,321,492
Number Of Employees
262
263
223
178
130
117
102
98
85
88
82
76
70
72
53
EBITDA*
4,597,607
3,861,117
5,473,080
3,334,066
1,780,690
495,455
509,562
508,011
442,668
310,716
471,000
571,000
243,000
255,458
355,909
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
9,795,256
9,743,923
4,023,980
799,994
946,722
1,034,932
897,328
785,756
801,684
915,642
206,000
225,000
547,000
834,610
866,222
Intangible Assets
925,178
7,223
9,030
10,837
12,644
14,450
16,256
Investments & Other
332,770
332,770
332,770
332,770
332,770
404,770
537,771
512,821
513,321
513,321
513,000
563,000
613,000
406,770
406,770
Debtors (Due After 1 year)
100,000
150,000
150,000
Total Fixed Assets
11,053,204
10,083,916
4,365,780
1,143,601
1,292,136
1,454,152
1,451,355
1,298,577
1,315,005
1,428,963
719,000
788,000
1,260,000
1,391,380
1,422,992
Stock & work in progress
14,373,485
13,838,389
8,474,722
4,690,694
5,923,337
7,774,521
5,368,003
4,630,911
3,763,557
3,207,681
2,169,000
1,756,000
2,093,000
1,758,603
1,492,145
Trade Debtors
7,936,715
6,219,466
7,526,541
4,971,485
2,600,812
2,086,952
2,252,611
1,565,375
1,991,995
1,586,370
1,520,000
841,000
918,000
1,079,821
751,987
Group Debtors
2,839,569
3,518,469
726,987
4,868,416
1,222,967
Misc Debtors
787,330
1,169,578
1,919,456
1,298,291
909,540
1,038,316
852,727
816,302
1,573,113
1,118,013
1,347,000
1,043,000
938,000
1,278,087
1,046,127
Cash
6,362
5,740
6,554
526,433
6,720
6,027
5,014
833
746
512
1,000
194,000
2,000
2,136
3,989
misc current assets
total current assets
25,943,461
24,751,642
18,654,260
16,355,319
10,663,376
10,905,816
8,478,355
7,013,421
7,329,411
5,912,576
5,037,000
3,834,000
3,951,000
4,118,647
3,294,248
total assets
36,996,665
34,835,558
23,020,040
17,498,920
11,955,512
12,359,968
9,929,710
8,311,998
8,644,416
7,341,539
5,756,000
4,622,000
5,211,000
5,510,027
4,717,240
Bank overdraft
9,481,428
9,804,827
2,680,805
3,523,133
4,014,017
3,764,252
2,494,525
3,338,176
2,043,741
1,471,000
434,000
1,368,000
839,973
288,608
Bank loan
1,200,000
1,200,000
3,750,000
1,041,667
Trade Creditors
87,329
166,875
104,956
517,950
451,581
547,291
739,936
225,373
266,594
566,444
126,000
262,000
85,000
207,741
123,829
Group/Directors Accounts
295,752
416,522
764,813
322,526
477,678
2,519,982
467,438
485,885
460,344
598,207
486,000
518,000
684,000
851,564
298,929
other short term finances
12,881
hp & lease commitments
4,520
55,803
56,918
56,918
1,097
10,000
19,000
21,000
17,972
80,157
other current liabilities
6,398,720
4,433,086
3,557,135
4,134,039
2,216,872
1,143,491
980,960
1,320,976
977,918
846,099
575,000
538,000
616,000
1,285,129
1,685,310
total current liabilities
17,463,229
16,021,310
10,857,709
6,016,182
6,682,145
8,229,301
6,008,389
4,583,677
5,099,950
4,055,588
2,668,000
1,771,000
2,774,000
3,202,379
2,476,833
loans
2,700,000
3,900,000
3,958,333
12,881
12,881
12,881
12,881
12,881
13,000
13,000
13,000
12,881
12,881
hp & lease commitments
4,520
60,323
117,241
1,000
11,000
22,000
7,090
14,727
Accruals and Deferred Income
other liabilities
provisions
2,370,833
1,776,805
657,057
120,351
141,752
94,171
96,940
93,464
43,545
85,407
15,000
11,000
12,000
14,358
12,216
total long term liabilities
5,070,833
5,676,805
657,057
4,078,684
141,752
107,052
114,341
166,668
173,667
98,288
29,000
35,000
47,000
34,329
39,824
total liabilities
22,534,062
21,698,115
11,514,766
10,094,866
6,823,897
8,336,353
6,122,730
4,750,345
5,273,617
4,153,876
2,697,000
1,806,000
2,821,000
3,236,708
2,516,657
net assets
14,462,603
13,137,443
11,505,274
7,404,054
5,131,615
4,023,615
3,806,980
3,561,653
3,370,799
3,187,663
3,059,000
2,816,000
2,390,000
2,273,319
2,200,583
total shareholders funds
14,462,603
13,137,443
11,505,274
7,404,054
5,131,615
4,023,615
3,806,980
3,561,653
3,370,799
3,187,663
3,059,000
2,816,000
2,390,000
2,273,319
2,200,583
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
3,365,455
3,398,941
5,072,309
2,966,591
1,550,535
287,338
308,479
321,279
227,569
202,779
405,000
498,000
159,000
159,272
241,078
Depreciation
1,230,348
460,369
398,964
365,668
228,349
206,311
199,277
186,732
215,099
107,937
66,000
73,000
84,000
96,186
114,831
Amortisation
1,804
1,807
1,807
1,807
1,806
1,806
1,806
Tax
-583,443
-866,301
-792,177
-539,696
-238,422
1,588
-3,476
-19,596
41,862
-18,485
-57,000
-88,000
-55,000
-19,016
-42,449
Stock
535,096
5,363,667
3,784,028
-1,232,643
-1,851,184
2,406,518
737,092
867,354
555,876
1,038,681
413,000
-337,000
334,397
266,458
1,492,145
Debtors
656,101
734,529
-965,208
6,404,873
1,608,051
19,930
723,661
-1,183,431
860,725
-162,617
983,000
-72,000
-551,908
559,794
1,948,114
Creditors
-79,546
61,919
-412,994
66,369
-95,710
-192,645
514,563
-41,221
-299,850
440,444
-136,000
177,000
-122,741
83,912
123,829
Accruals and Deferred Income
1,965,634
875,951
-576,904
1,917,167
1,073,381
162,531
-340,016
343,058
131,819
271,099
37,000
-78,000
-669,129
-400,181
1,685,310
Deferred Taxes & Provisions
594,028
1,119,748
536,706
-21,401
47,581
-2,769
3,476
49,919
-41,862
70,407
4,000
-1,000
-2,358
2,142
12,216
Cash flow from operations
5,303,083
-1,045,762
1,408,891
-415,725
2,810,653
-1,962,288
-776,644
1,156,248
-1,141,964
198,117
-1,077,000
990,000
-388,717
-903,937
-1,305,444
Investing Activities
capital expenditure
-170,764
-330,606
-170,304
-824,008
-51,000
477,000
-6,000
-50,484
-176,044
Change in Investments
-72,000
-133,001
24,950
-500
321
-50,000
-50,000
206,230
406,770
cash flow from investments
72,000
-37,763
-355,556
-169,804
-824,329
-1,000
527,000
-212,230
-50,484
-582,814
Financing Activities
Bank loans
-2,550,000
2,708,333
1,041,667
Group/Directors Accounts
-120,770
-348,291
442,287
-155,152
-2,042,304
2,052,544
-18,447
25,541
-137,863
112,207
-32,000
-166,000
-167,564
552,635
298,929
Other Short Term Loans
-12,881
12,881
Long term loans
-1,200,000
3,900,000
-3,958,333
3,958,333
-12,881
-119
119
12,881
Hire Purchase and Lease Commitments
-4,520
-55,803
-56,918
-56,918
173,062
-9,903
-19,000
-13,000
17,938
-69,822
94,884
other long term liabilities
share issue
25,000
-553
-50,000
50,000
74,681
2,047,546
interest
-1,056,852
-500,471
-178,912
-154,456
-131,813
-114,291
-84,676
-124,001
-86,295
-55,078
-55,000
-34,000
-62,000
-67,520
-72,369
cash flow from financing
-2,377,622
501,238
-986,625
4,677,511
-2,178,637
1,882,450
-135,041
-155,378
-51,096
46,554
-156,000
-163,000
-136,826
415,293
2,381,871
cash and cash equivalents
cash
622
-814
-519,879
519,713
693
1,013
4,181
87
234
-488
-193,000
192,000
-136
-1,853
3,989
overdraft
-323,399
7,124,022
2,680,805
-3,523,133
-490,884
249,765
1,269,727
-843,651
1,294,435
572,741
1,037,000
-934,000
528,027
551,365
288,608
change in cash
324,021
-7,124,836
-3,200,684
4,042,846
491,577
-248,752
-1,265,546
843,738
-1,294,201
-573,229
-1,230,000
1,126,000
-528,163
-553,218
-284,619
gardiner bros. and company (leathers) 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 gardiner bros. and company (leathers) limited. Get real-time insights into gardiner bros. and company (leathers) limited's credit score, group structure and payment trends.
Gardiner Bros. And Company (leathers) Limited Competitor Analysis
Perform a competitor analysis for gardiner bros. and company (leathers) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in GL2 area or any other competitors across 12 key performance metrics.
gardiner bros. and company (leathers) limited Ownership
GARDINER BROS. AND COMPANY (LEATHERS) LIMITED group structure
Gardiner Bros. And Company (Leathers) Limited has 2 subsidiary companies.
GARDINER BROS. AND COMPANY (LEATHERS) LIMITED Shareholders
The sole shareholder of Gardiner Bros. And Company (Leathers) Limited is Gardiner Bros. & Company Holdings Limited.
gardiner bros. & company holdings limited
100%
gardiner bros. and company (leathers) limited directors
Gardiner Bros. And Company (Leathers) Limited currently has 7 directors.
The longest serving directors include
Mr James Gardiner (Jan 2003) and
Mr Benjamin Gardiner (Apr 2004).
units f and g, quedgeley west business park, gloucester, glos. gl24ph, GL2 4PH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
gardiner bros. and company (leathers) 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 13 charges/mortgages relating to gardiner bros. and company (leathers) limited. Currently there are 8 open charges and 5 have been satisfied in the past.
gardiner bros. and company (leathers) 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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gardiner bros. and company (leathers) limitedCompanies House Filings - See Documents
