gull leasing limited
gull leasing limited Company Information
Company Number
01546806
Next Accounts
Jun 2025
Directors
Shareholders
martin stockton
alfred william stockton
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
loxley house 11 swan road, lichfield, staffordshire, WS13 6QZ
Website
-gull leasing limited Estimated Valuation
Pomanda estimates the enterprise value of GULL LEASING LIMITED at £204.4k based on a Turnover of £500.3k and 0.41x industry multiple (adjusted for size and gross margin).
gull leasing limited Estimated Valuation
Pomanda estimates the enterprise value of GULL LEASING LIMITED at £0 based on an EBITDA of £-13.6k and a 2.94x industry multiple (adjusted for size and gross margin).
gull leasing limited Estimated Valuation
Pomanda estimates the enterprise value of GULL LEASING LIMITED at £1.9m based on Net Assets of £811.6k and 2.3x industry multiple (adjusted for liquidity).
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Gull Leasing Limited Overview
Gull Leasing Limited is a live company located in staffordshire, WS13 6QZ with a Companies House number of 01546806. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 1981, it's largest shareholder is martin stockton with a 60.4% stake. Gull Leasing Limited is a mature, small sized company, Pomanda has estimated its turnover at £500.3k with declining growth in recent years.
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Gull Leasing Limited Health Check
Pomanda's financial health check has awarded Gull Leasing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £500.3k, make it smaller than the average company (£3.9m)
- Gull Leasing Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (5.3%)
- Gull Leasing Limited
5.3% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (37.8%)
- Gull Leasing Limited
37.8% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (6.1%)
- Gull Leasing Limited
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (24)
2 - Gull Leasing Limited
24 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Gull Leasing Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £250.1k, this is more efficient (£154.7k)
- Gull Leasing Limited
£154.7k - Industry AVG
Debtor Days
it gets paid by customers after 168 days, this is later than average (41 days)
- Gull Leasing Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (33 days)
- Gull Leasing Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gull Leasing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gull Leasing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.5%, this is a lower level of debt than the average (61.5%)
5.5% - Gull Leasing Limited
61.5% - Industry AVG
GULL LEASING LIMITED financials
Gull Leasing Limited's latest turnover from September 2023 is estimated at £500.3 thousand and the company has net assets of £811.6 thousand. According to their latest financial statements, Gull Leasing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 12,977 | 19,222 | 23,185 | 22,900 | 5,257 | 24,947 | -7,026 | -330 | 11,648 | -2,104 | |||||
| Interest Payable | 26 | 6 | 40 | ||||||||||||
| Interest Receivable | 40 | 26 | 649 | 1,390 | 1,409 | 2,218 | 547 | 629 | 616 | 5,501 | |||||
| Pre-Tax Profit | 20,093 | 28,000 | 28,016 | 25,914 | 7,751 | 27,397 | -6,400 | 7,895 | 18,306 | 10,569 | |||||
| Tax | -5,169 | -6,095 | -4,776 | -4,922 | -1,625 | -4,162 | -845 | -3,810 | -2,595 | ||||||
| Profit After Tax | 14,924 | 21,905 | 23,240 | 20,992 | 6,126 | 23,235 | -6,400 | 7,050 | 14,496 | 7,974 | |||||
| Dividends Paid | 29,304 | 27,900 | 25,750 | 29,179 | 15,755 | 21,160 | 9,000 | 69,000 | |||||||
| Retained Profit | -14,380 | -5,995 | -2,510 | -8,187 | -9,629 | 2,075 | -15,400 | 7,050 | -54,504 | 7,974 | |||||
| Employee Costs | 9,114 | 8,155 | 8,225 | 8,840 | 15,135 | 7,741 | 41,157 | 34,986 | 22,590 | 30,578 | |||||
| Number Of Employees | 2 | 2 | 1 | 2 | 3 | 2 | 2 | 2 | 2 | 4 | 3 | 2 | 2 | 3 | 3 |
| EBITDA* | 20,169 | 22,952 | 23,492 | 23,220 | 5,768 | 25,460 | -6,485 | 125 | 12,054 | -1,659 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 628,264 | 530,941 | 542,521 | 515,309 | 532,591 | 340,077 | 347,190 | 350,920 | 350,961 | 351,281 | 351,540 | 351,622 | 351,368 | 351,220 | 351,457 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 164,021 | 153,973 | 147,580 | 134,107 | 33,000 | 4,842 | 1,169 | 1,169 | 181,865 | 181,865 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 628,264 | 530,941 | 542,521 | 515,309 | 532,591 | 504,098 | 501,163 | 498,500 | 485,068 | 384,281 | 356,382 | 352,791 | 352,537 | 533,085 | 533,322 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 230,306 | 342,126 | 382,318 | 394,500 | 398,149 | 1,837 | 1 | ||||||||
| Group Debtors | 629 | 629 | 629 | 629 | 629 | 629 | 629 | 629 | 629 | 629 | |||||
| Misc Debtors | 21 | 21 | 21 | 21 | 1,531 | 1,441 | 2,809 | 2,808 | 5,090 | ||||||
| Cash | 429,626 | 438,571 | 447,104 | 449,774 | 550,599 | 582,236 | 573,414 | 596,298 | 409,131 | 456,086 | |||||
| misc current assets | |||||||||||||||
| total current assets | 230,306 | 342,126 | 382,318 | 394,500 | 398,149 | 430,276 | 439,221 | 447,754 | 452,261 | 552,759 | 584,306 | 576,852 | 599,736 | 409,760 | 461,805 |
| total assets | 858,570 | 873,067 | 924,839 | 909,809 | 930,740 | 934,374 | 940,384 | 946,254 | 937,329 | 937,040 | 940,688 | 929,643 | 952,273 | 942,845 | 995,127 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 34,256 | 35,457 | 36,870 | 38,220 | 20,161 | 2,571 | 126 | 7,157 | 7,141 | 8,182 | 8,041 | 8,041 | 8,041 | 8,041 | 8,041 |
| Group/Directors Accounts | 21,903 | 19,191 | 16,188 | 16,188 | 16,219 | 11,660 | 4,767 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 28,218 | 30,242 | 22,453 | 21,699 | 16,741 | 17,794 | 13,591 | 20,821 | 18,443 | 16,221 | |||||
| total current liabilities | 34,256 | 35,457 | 36,870 | 38,220 | 42,064 | 49,980 | 46,556 | 45,798 | 45,059 | 36,583 | 30,602 | 21,632 | 28,862 | 26,484 | 24,262 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 12,522 | 12,266 | 12,091 | 12,042 | 12,191 | ||||||||||
| other liabilities | |||||||||||||||
| provisions | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 267 | 267 | 267 | 267 | 267 | 267 | 267 | 267 |
| total long term liabilities | 12,697 | 12,441 | 12,266 | 12,217 | 12,366 | 175 | 175 | 267 | 267 | 267 | 267 | 267 | 267 | 267 | 267 |
| total liabilities | 46,953 | 47,898 | 49,136 | 50,437 | 54,430 | 50,155 | 46,731 | 46,065 | 45,326 | 36,850 | 30,869 | 21,899 | 29,129 | 26,751 | 24,529 |
| net assets | 811,617 | 825,169 | 875,703 | 859,372 | 876,310 | 884,219 | 893,653 | 900,189 | 892,003 | 900,190 | 909,819 | 907,744 | 923,144 | 916,094 | 970,598 |
| total shareholders funds | 811,617 | 825,169 | 875,703 | 859,372 | 876,310 | 884,219 | 893,653 | 900,189 | 892,003 | 900,190 | 909,819 | 907,744 | 923,144 | 916,094 | 970,598 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 12,977 | 19,222 | 23,185 | 22,900 | 5,257 | 24,947 | -7,026 | -330 | 11,648 | -2,104 | |||||
| Depreciation | 7,192 | 3,730 | 307 | 320 | 511 | 513 | 541 | 455 | 406 | 445 | |||||
| Amortisation | |||||||||||||||
| Tax | -5,169 | -6,095 | -4,776 | -4,922 | -1,625 | -4,162 | -845 | -3,810 | -2,595 | ||||||
| Stock | |||||||||||||||
| Debtors | -111,820 | -40,192 | -12,182 | -3,649 | 397,499 | -1,837 | 327 | 90 | -1,368 | 2,809 | -5,090 | 5,719 | |||
| Creditors | -1,201 | -1,413 | -1,350 | 18,059 | 17,590 | 2,445 | -7,031 | 16 | -1,041 | 141 | 8,041 | ||||
| Accruals and Deferred Income | 256 | 175 | 49 | -149 | -16,027 | -2,024 | 7,789 | 754 | 4,958 | -1,053 | 4,203 | -7,230 | 2,378 | 2,222 | 16,221 |
| Deferred Taxes & Provisions | -92 | 267 | |||||||||||||
| Cash flow from operations | 15,421 | 17,523 | 21,323 | 21,888 | 3,141 | 26,869 | -13,715 | -1,151 | 15,556 | 14,556 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | 1,896 | 1,817 | -3,042 | -101,107 | -28,410 | -4,104 | -795 | 183,453 | -349 | -180,754 | |||||
| Change in Investments | -164,021 | 10,048 | 6,393 | 13,473 | 101,107 | 28,158 | 3,673 | -180,696 | 181,865 | ||||||
| cash flow from investments | -8,152 | -4,576 | -16,515 | -202,214 | -56,568 | -7,777 | -795 | 364,149 | -349 | -362,619 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -21,903 | 2,712 | 3,003 | -31 | 4,559 | 6,893 | 4,767 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 623 | 1,390 | 1,409 | 2,218 | 541 | 629 | 616 | 5,461 | |||||||
| cash flow from financing | 11,288 | 5,949 | 8,302 | 6,985 | 541 | 629 | 616 | 968,085 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | -429,626 | -8,945 | -8,533 | -2,670 | -100,825 | -31,637 | 8,822 | -22,884 | 187,167 | -46,955 | 456,086 | ||||
| overdraft | |||||||||||||||
| change in cash | -429,626 | -8,945 | -8,533 | -2,670 | -100,825 | -31,637 | 8,822 | -22,884 | 187,167 | -46,955 | 456,086 |
gull leasing limited Credit Report and Business Information
Gull Leasing Limited Competitor Analysis
Perform a competitor analysis for gull leasing limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WS13 area or any other competitors across 12 key performance metrics.
gull leasing limited Ownership
GULL LEASING LIMITED group structure
Gull Leasing Limited has no subsidiary companies.
Ultimate parent company
GULL LEASING LIMITED
01546806
gull leasing limited directors
Gull Leasing Limited currently has 1 director, Mr Martin Stockton serving since Dec 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Stockton | 65 years | Dec 1992 | - | Director |
P&L
September 2023turnover
500.3k
-26%
operating profit
-13.6k
0%
gross margin
17.4%
+2.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
811.6k
-0.02%
total assets
858.6k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
gull leasing limited company details
company number
01546806
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 1981
age
44
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
gull leasing plc (September 2018)
thealglen limited (March 1983)
accountant
-
auditor
-
address
loxley house 11 swan road, lichfield, staffordshire, WS13 6QZ
Bank
YORKSHIRE BANK PLC
Legal Advisor
-
gull leasing 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 7 charges/mortgages relating to gull leasing limited. Currently there are 0 open charges and 7 have been satisfied in the past.
gull leasing 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 GULL LEASING LIMITED. This can take several minutes, an email will notify you when this has completed.
gull leasing limited Companies House Filings - See Documents
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