gear gifts limited
gear gifts limited Company Information
Group Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
unit 4 north circular business p, great central way, london, greater london, NW10 0AB
Website
www.joediveramerica.comgear gifts limited Estimated Valuation
Pomanda estimates the enterprise value of GEAR GIFTS LIMITED at £318.4k based on a Turnover of £787.6k and 0.4x industry multiple (adjusted for size and gross margin).
gear gifts limited Estimated Valuation
Pomanda estimates the enterprise value of GEAR GIFTS LIMITED at £0 based on an EBITDA of £-10k and a 3.9x industry multiple (adjusted for size and gross margin).
gear gifts limited Estimated Valuation
Pomanda estimates the enterprise value of GEAR GIFTS LIMITED at £1.2m based on Net Assets of £401k and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gear Gifts Limited Overview
Gear Gifts Limited is a live company located in london, NW10 0AB with a Companies House number of 01215945. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in June 1975, it's largest shareholder is harish bhagalia with a 100% stake. Gear Gifts Limited is a mature, small sized company, Pomanda has estimated its turnover at £787.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gear Gifts Limited Health Check
Pomanda's financial health check has awarded Gear Gifts Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £787.6k, make it smaller than the average company (£1.2m)
- Gear Gifts Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (17.9%)
- Gear Gifts Limited
17.9% - Industry AVG
Production
with a gross margin of 44.7%, this company has a comparable cost of product (44.7%)
- Gear Gifts Limited
44.7% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (5.6%)
- Gear Gifts Limited
5.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (21)
3 - Gear Gifts Limited
21 - Industry AVG
Pay Structure
on an average salary of £20.6k, the company has an equivalent pay structure (£20.6k)
- Gear Gifts Limited
£20.6k - Industry AVG
Efficiency
resulting in sales per employee of £262.5k, this is more efficient (£92.3k)
- Gear Gifts Limited
£92.3k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is later than average (9 days)
- Gear Gifts Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (32 days)
- Gear Gifts Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 256 days, this is more than average (83 days)
- Gear Gifts Limited
83 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (27 weeks)
67 weeks - Gear Gifts Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (63.6%)
14.4% - Gear Gifts Limited
63.6% - Industry AVG
GEAR GIFTS LIMITED financials
Gear Gifts Limited's latest turnover from May 2024 is estimated at £787.6 thousand and the company has net assets of £401 thousand. According to their latest financial statements, Gear Gifts Limited has 3 employees and maintains cash reserves of £86.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,769 | 5,611 | 6,601 | 7,766 | 9,137 | 10,829 | 12,890 | 15,198 | 17,273 | 18,966 | 21,294 | 24,638 | 31,470 | 38,369 | 46,747 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 3,305 | ||||||||||||||
| Debtors (Due After 1 year) | 5,540 | 3,849 | |||||||||||||
| Total Fixed Assets | 10,309 | 9,460 | 6,601 | 11,071 | 9,137 | 10,829 | 12,890 | 15,198 | 17,273 | 18,966 | 21,294 | 24,638 | 31,470 | 38,369 | 46,747 |
| Stock & work in progress | 305,754 | 357,924 | 350,834 | 388,453 | 288,699 | 240,204 | 127,992 | 120,980 | 101,866 | 130,512 | 149,044 | 224,954 | 325,413 | 283,378 | 247,205 |
| Trade Debtors | 63,165 | 49,627 | 66,032 | 71,844 | 109,198 | 128,992 | 133,690 | 103,985 | 88,677 | 235,481 | 311,336 | 319,483 | 291,972 | 268,144 | 164,888 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,798 | 2,052 | 14,161 | 16,434 | 19,579 | 16,415 | 15,989 | 18,469 | 20,546 | ||||||
| Cash | 86,248 | 104,817 | 40,946 | 125,520 | 150,474 | 190,952 | 293,326 | 293,220 | 355,597 | 243,535 | 169,615 | 124,521 | 28,902 | 29,414 | 36,875 |
| misc current assets | |||||||||||||||
| total current assets | 457,965 | 514,420 | 471,973 | 602,251 | 567,950 | 576,563 | 570,997 | 536,654 | 566,686 | 609,528 | 629,995 | 668,958 | 646,287 | 580,936 | 448,968 |
| total assets | 468,274 | 523,880 | 478,574 | 613,322 | 577,087 | 587,392 | 583,887 | 551,852 | 583,959 | 628,494 | 651,289 | 693,596 | 677,757 | 619,305 | 495,715 |
| Bank overdraft | 240 | ||||||||||||||
| Bank loan | 121 | 5,850 | 5,236 | 9,507 | |||||||||||
| Trade Creditors | 33,885 | 27,402 | 13,166 | 40,511 | 43,713 | 45,393 | 32,864 | 16,003 | 22,419 | 85,503 | 93,340 | 139,197 | 189,256 | 193,857 | 112,627 |
| Group/Directors Accounts | 413 | 1,388 | 591 | 834 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 32,124 | 41,719 | 29,362 | 65,127 | 17,161 | 24,513 | 31,146 | 19,834 | 33,366 | ||||||
| total current liabilities | 66,130 | 74,971 | 47,764 | 115,145 | 60,874 | 69,906 | 64,423 | 37,465 | 55,785 | 86,094 | 94,174 | 139,197 | 189,256 | 193,857 | 112,627 |
| loans | 38,716 | 44,764 | 40,493 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,192 | 916 | 1,071 | 1,404 | 1,725 | 2,044 | 2,394 | 2,470 | 3,603 | 4,027 | 4,645 | 5,951 | 7,245 | ||
| total long term liabilities | 1,192 | 39,632 | 45,835 | 40,493 | 1,404 | 1,725 | 2,044 | 2,394 | 2,470 | 3,603 | 4,027 | 4,645 | 5,951 | 7,245 | |
| total liabilities | 67,322 | 114,603 | 93,599 | 155,638 | 62,278 | 71,631 | 66,467 | 39,859 | 58,255 | 89,697 | 98,201 | 143,842 | 195,207 | 201,102 | 112,627 |
| net assets | 400,952 | 409,277 | 384,975 | 457,684 | 514,809 | 515,761 | 517,420 | 511,993 | 525,704 | 538,797 | 553,088 | 549,754 | 482,550 | 418,203 | 383,088 |
| total shareholders funds | 400,952 | 409,277 | 384,975 | 457,684 | 514,809 | 515,761 | 517,420 | 511,993 | 525,704 | 538,797 | 553,088 | 549,754 | 482,550 | 418,203 | 383,088 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 842 | 990 | 1,165 | 1,371 | 1,692 | 2,061 | 2,308 | 2,863 | 3,165 | 3,423 | 3,813 | 6,832 | 7,599 | 8,378 | 9,418 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -52,170 | 7,090 | -37,619 | 99,754 | 48,495 | 112,212 | 7,012 | 19,114 | -28,646 | -18,532 | -75,910 | -100,459 | 42,035 | 36,173 | 247,205 |
| Debtors | 15,975 | -24,665 | -8,085 | -40,499 | -16,630 | -4,272 | 27,225 | 13,231 | -126,258 | -75,855 | -8,147 | 27,511 | 23,828 | 103,256 | 164,888 |
| Creditors | 6,483 | 14,236 | -27,345 | -3,202 | -1,680 | 12,529 | 16,861 | -6,416 | -63,084 | -7,837 | -45,857 | -50,059 | -4,601 | 81,230 | 112,627 |
| Accruals and Deferred Income | -9,595 | 12,357 | -35,765 | 47,966 | -7,352 | -6,633 | 11,312 | -13,532 | 33,366 | ||||||
| Deferred Taxes & Provisions | 276 | -155 | 1,071 | -1,404 | -321 | -319 | -350 | -76 | -1,133 | -424 | -618 | -1,306 | -1,294 | 7,245 | |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -3,305 | 3,305 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -5,729 | 614 | -4,271 | 9,507 | |||||||||||
| Group/Directors Accounts | -413 | -975 | 1,388 | -591 | -243 | 834 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -38,716 | -6,048 | 4,271 | 40,493 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -18,569 | 63,871 | -84,574 | -24,954 | -40,478 | -102,374 | 106 | -62,377 | 112,062 | 73,920 | 45,094 | 95,619 | -512 | -7,461 | 36,875 |
| overdraft | -240 | 240 | |||||||||||||
| change in cash | -18,569 | 63,871 | -84,574 | -24,954 | -40,478 | -102,374 | 346 | -62,617 | 112,062 | 73,920 | 45,094 | 95,619 | -512 | -7,461 | 36,875 |
gear gifts limited Credit Report and Business Information
Gear Gifts Limited Competitor Analysis
Perform a competitor analysis for gear gifts limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NW10 area or any other competitors across 12 key performance metrics.
gear gifts limited Ownership
GEAR GIFTS LIMITED group structure
Gear Gifts Limited has no subsidiary companies.
Ultimate parent company
GEAR GIFTS LIMITED
01215945
gear gifts limited directors
Gear Gifts Limited currently has 1 director, Mr Harish Bhagalia serving since Apr 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harish Bhagalia | England | 75 years | Apr 1992 | - | Director |
P&L
May 2024turnover
787.6k
+22%
operating profit
-10.8k
0%
gross margin
44.8%
+5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
401k
-0.02%
total assets
468.3k
-0.11%
cash
86.2k
-0.18%
net assets
Total assets minus all liabilities
gear gifts limited company details
company number
01215945
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
June 1975
age
50
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
kids in gear (h.b.) limited (May 2001)
accountant
AEQUITAS ACCOUNTANTS LTD
auditor
-
address
unit 4 north circular business p, great central way, london, greater london, NW10 0AB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
gear gifts 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 1 charges/mortgages relating to gear gifts limited. Currently there are 1 open charges and 0 have been satisfied in the past.
gear gifts 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 GEAR GIFTS LIMITED. This can take several minutes, an email will notify you when this has completed.
gear gifts limited Companies House Filings - See Documents
| date | description | view/download |
|---|
