gsf car parts limited

gsf car parts limited Company Information

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MatureMegaHigh

Company Number

01779084

Industry

Retail trade of motor vehicle parts and accessories

 

Shareholders

pa group holdings limited

Group Structure

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Contact

Registered Address

15th floor 6 bevis marks, bury court, london, EC3A 7BA

gsf car parts limited Estimated Valuation

£330.8m

Pomanda estimates the enterprise value of GSF CAR PARTS LIMITED at £330.8m based on a Turnover of £396.8m and 0.83x industry multiple (adjusted for size and gross margin).

gsf car parts limited Estimated Valuation

£331.9m

Pomanda estimates the enterprise value of GSF CAR PARTS LIMITED at £331.9m based on an EBITDA of £34.1m and a 9.74x industry multiple (adjusted for size and gross margin).

gsf car parts limited Estimated Valuation

£78m

Pomanda estimates the enterprise value of GSF CAR PARTS LIMITED at £78m based on Net Assets of £29.8m and 2.62x industry multiple (adjusted for liquidity).

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Gsf Car Parts Limited Overview

Gsf Car Parts Limited is a live company located in london, EC3A 7BA with a Companies House number of 01779084. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in December 1983, it's largest shareholder is pa group holdings limited with a 100% stake. Gsf Car Parts Limited is a mature, mega sized company, Pomanda has estimated its turnover at £396.8m with high growth in recent years.

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Gsf Car Parts Limited Health Check

Pomanda's financial health check has awarded Gsf Car Parts Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £396.8m, make it larger than the average company (£7.4m)

£396.8m - Gsf Car Parts Limited

£7.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7.8%)

24% - Gsf Car Parts Limited

7.8% - Industry AVG

production

Production

with a gross margin of 43.9%, this company has a lower cost of product (26.9%)

43.9% - Gsf Car Parts Limited

26.9% - Industry AVG

profitability

Profitability

an operating margin of 7.2% make it more profitable than the average company (4.3%)

7.2% - Gsf Car Parts Limited

4.3% - Industry AVG

employees

Employees

with 2340 employees, this is above the industry average (55)

2340 - Gsf Car Parts Limited

55 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.4k, the company has a higher pay structure (£31k)

£37.4k - Gsf Car Parts Limited

£31k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £169.6k, this is equally as efficient (£190.7k)

£169.6k - Gsf Car Parts Limited

£190.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is near the average (37 days)

37 days - Gsf Car Parts Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 129 days, this is slower than average (48 days)

129 days - Gsf Car Parts Limited

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 129 days, this is more than average (63 days)

129 days - Gsf Car Parts Limited

63 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (7 weeks)

13 weeks - Gsf Car Parts Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (65.1%)

84.9% - Gsf Car Parts Limited

65.1% - Industry AVG

GSF CAR PARTS LIMITED financials

EXPORTms excel logo

Gsf Car Parts Limited's latest turnover from December 2023 is £396.8 million and the company has net assets of £29.8 million. According to their latest financial statements, Gsf Car Parts Limited has 2,340 employees and maintains cash reserves of £41 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover396,762,000328,869,000287,302,000208,587,000212,914,000194,458,000109,180,000153,992,000151,148,000122,638,00048,535,86848,306,86949,514,75548,416,55942,862,497
Other Income Or Grants000000000000000
Cost Of Sales222,603,000184,277,000164,443,000124,379,000131,622,000115,008,00064,704,00090,674,00089,216,00073,600,00031,036,11730,661,28330,747,75929,468,67525,816,958
Gross Profit174,159,000144,592,000122,859,00084,208,00081,292,00079,450,00044,476,00063,318,00061,932,00049,038,00017,499,75117,645,58618,766,99618,947,88417,045,539
Admin Expenses145,393,000126,925,000110,067,00088,757,00083,473,00072,503,00041,699,00056,443,00054,251,00046,047,00016,890,35816,661,38216,964,59715,787,32614,498,414
Operating Profit28,766,00017,667,00012,792,000-4,549,000-2,181,0006,947,0002,777,0006,875,0007,681,0002,991,000609,393984,2041,802,3993,160,5582,547,125
Interest Payable206,00051,000173,00011,00036,000166,000485,0001,094,0001,005,000941,00025,08135,828109,086149,96860,841
Interest Receivable396,000000014,00005,0003,0003,0006,2941,670503464,556
Pre-Tax Profit28,956,00017,616,00012,619,000-4,560,000-2,217,0006,795,0002,292,0005,786,0006,679,0002,053,000590,606950,0461,693,8163,010,5942,550,840
Tax-7,522,000-2,929,000-2,044,0001,751,000535,000-984,000-250,000-1,431,000-1,020,000-189,000-35241,918-475,822-901,510-765,779
Profit After Tax21,434,00014,687,00010,575,000-2,809,000-1,682,0005,811,0002,042,0004,355,0005,659,0001,864,000590,254991,9641,217,9942,109,0841,785,061
Dividends Paid35,563,00013,056,00000000000011,038003,400,000
Retained Profit-14,129,0001,631,00010,575,000-2,809,000-1,682,0005,811,0002,042,0004,355,0005,659,0001,864,000590,254980,9261,217,9942,109,084-1,614,939
Employee Costs87,607,00077,830,00066,026,00056,580,00055,510,00047,195,00036,568,00036,568,00035,603,00029,257,00010,702,72810,841,61511,218,22610,354,4289,833,323
Number Of Employees2,3402,3392,1632,5661,9061,7581,6441,6161,5521,490538503487502455
EBITDA*34,072,00022,441,00018,444,0001,274,0002,291,00010,345,0004,703,0009,005,0009,929,0005,066,0001,487,6911,993,4822,580,3143,895,8613,204,930

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets23,097,00021,696,00017,344,00017,801,00019,282,00015,374,00010,250,00010,270,0008,159,0007,359,0002,988,4703,053,8203,902,7703,953,5654,010,876
Intangible Assets2,098,0002,318,0001,864,0002,447,0002,484,0001,977,0002,074,0002,150,0001,214,0001,284,00000000
Investments & Other83,00083,000000005,0005,0005,0002102102102102
Debtors (Due After 1 year)0000000000142,000142,000142,00090,00090,000
Total Fixed Assets25,278,00024,097,00019,208,00020,248,00021,766,00017,351,00012,324,00012,425,0009,378,0008,648,0003,130,4723,195,9224,044,8724,043,6674,100,978
Stock & work in progress78,696,00075,352,00068,752,00074,032,00057,050,00041,783,00034,119,00034,524,00030,834,00027,681,0008,446,6158,689,4127,759,2807,479,3716,494,326
Trade Debtors40,726,00037,933,00032,396,00031,668,00030,233,00028,611,00026,293,00025,723,00023,694,00023,140,0007,142,0197,468,0817,973,5618,410,9117,500,550
Group Debtors000004,037,0002,633,00019,775,00030,061,00015,159,000183,79231,909000
Misc Debtors11,600,00015,297,00013,971,00013,663,00015,428,00011,456,0006,492,0006,265,0005,362,0004,611,0001,801,2211,657,8981,077,3821,461,216887,049
Cash41,043,00012,921,00010,292,0009,083,0003,636,0001,279,0003,211,0001,722,0005,957,0003,158,0002,152,2353,276,1219,95625,04614,230
misc current assets000000000000000
total current assets172,065,000141,503,000125,411,000128,446,000106,347,00087,166,00072,748,00088,009,00095,908,00073,749,00019,725,88221,123,42116,820,17917,376,54414,896,155
total assets197,343,000165,600,000144,619,000148,694,000128,113,000104,517,00085,072,000100,434,000105,286,00082,397,00022,856,35424,319,34320,865,05121,420,21118,997,133
Bank overdraft000000013,588,00015,156,00017,054,000001,779,4272,136,453254,681
Bank loan000000000000222,216333,336333,336
Trade Creditors 79,222,00062,548,00045,477,00046,516,00052,170,00038,150,00029,676,00033,665,00029,077,00027,954,0007,596,6829,980,5118,119,9088,733,8028,008,686
Group/Directors Accounts50,440,00037,021,00043,956,00052,487,00037,428,00028,302,00022,780,00020,689,00030,969,00016,345,0002,794,2772,874,68800849,956
other short term finances00000000000058,89061,15243,415
hp & lease commitments000009,0003,679,0001,273,0001,058,000713,000197,75016,0280034,320
other current liabilities29,881,00023,735,00016,338,00022,789,0008,915,0006,408,0004,419,0005,688,0007,797,0004,865,0001,594,8471,600,2481,711,9042,089,7673,080,405
total current liabilities159,543,000123,304,000105,771,000121,792,00098,513,00072,869,00060,554,00074,903,00084,057,00066,931,00012,183,55614,471,47511,892,34513,354,51012,604,799
loans000000001,008,0001,138,0000015,544292,645696,886
hp & lease commitments00000003,055,0002,263,0002,029,000263,51428,838000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions8,009,0004,107,0002,290,000919,000808,0001,174,000554,000554,000391,000391,00000119,058152,946184,422
total long term liabilities8,009,0004,107,0002,290,000919,000808,0001,174,000554,0003,609,0003,662,0003,558,000263,51428,838134,602445,591881,308
total liabilities167,552,000127,411,000108,061,000122,711,00099,321,00074,043,00061,108,00078,512,00087,719,00070,489,00012,447,07014,500,31312,026,94713,800,10113,486,107
net assets29,791,00038,189,00036,558,00025,983,00028,792,00030,474,00023,964,00021,922,00017,567,00011,908,00010,409,2849,819,0308,838,1047,620,1105,511,026
total shareholders funds29,791,00038,189,00036,558,00025,983,00028,792,00030,474,00023,964,00021,922,00017,567,00011,908,00010,409,2849,819,0308,838,1047,620,1105,511,026
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit28,766,00017,667,00012,792,000-4,549,000-2,181,0006,947,0002,777,0006,875,0007,681,0002,991,000609,393984,2041,802,3993,160,5582,547,125
Depreciation4,857,0004,517,0005,070,0005,686,0004,335,0003,268,0001,850,0002,025,0002,178,0002,075,000878,2981,009,278777,915735,303657,805
Amortisation449,000257,000582,000137,000137,000130,00076,000105,00070,000000000
Tax-7,522,000-2,929,000-2,044,0001,751,000535,000-984,000-250,000-1,431,000-1,020,000-189,000-35241,918-475,822-901,510-765,779
Stock3,344,0006,600,000-5,280,00016,982,00015,267,0007,664,0003,285,0003,690,0003,153,00019,234,385-242,797930,132279,909985,0456,494,326
Debtors-904,0006,863,0001,036,000-330,0001,557,0008,686,000-23,699,000-7,354,00016,207,00033,640,968-30,856106,945-769,1841,484,5288,477,599
Creditors16,674,00017,071,000-1,039,000-5,654,00014,020,0008,474,000599,0004,588,0001,123,00020,357,318-2,383,8291,860,603-613,894725,1168,008,686
Accruals and Deferred Income6,146,0007,397,000-6,451,00013,874,0002,507,0001,989,000-3,378,000-2,109,0002,932,0003,270,153-5,401-111,656-377,863-990,6383,080,405
Deferred Taxes & Provisions3,902,0001,817,0001,371,000111,000-366,000620,000163,000163,0000391,0000-119,058-33,888-31,476184,422
Cash flow from operations50,832,00032,334,00014,525,000-5,296,0002,163,0004,094,00022,251,00013,880,000-6,396,000-23,979,882-628,2382,628,2121,568,122227,780-1,259,261
Investing Activities
capital expenditure-6,487,000-9,580,000-4,612,000-4,305,000-8,887,000-8,425,000-4,877,000-5,177,000-2,978,000-7,729,530-812,948-156,395-729,550-677,724-1,038,891
Change in Investments083,0000000-5,000004,998-100000102
cash flow from investments-6,487,000-9,663,000-4,612,000-4,305,000-8,887,000-8,425,000-4,872,000-5,177,000-2,978,000-7,734,528-812,848-156,395-729,550-677,724-1,038,993
Financing Activities
Bank loans00000000000-222,216-111,1200333,336
Group/Directors Accounts13,419,000-6,935,000-8,531,00015,059,0009,126,0005,522,000-8,189,000-10,280,00014,624,00013,550,723-80,4112,874,6880-849,956849,956
Other Short Term Loans 00000000000-58,890-2,26217,73743,415
Long term loans000000-1,008,000-1,008,000-130,0001,138,0000-15,544-277,101-404,241696,886
Hire Purchase and Lease Commitments0000-9,000-3,670,000358,0001,007,000579,0002,280,736416,39844,8660-34,32034,320
other long term liabilities000000000000000
share issue5,731,0000000699,0004,355,00000-365,28400007,125,965
interest190,000-51,000-173,000-11,000-36,000-152,000-485,000-1,089,000-1,002,000-938,000-18,787-34,158-108,583-149,9643,715
cash flow from financing19,340,000-6,986,000-8,704,00015,048,0009,081,0002,399,000-4,969,000-11,370,00014,071,00015,666,175317,2002,588,746-499,066-1,420,7449,087,593
cash and cash equivalents
cash28,122,0002,629,0001,209,0005,447,0002,357,000-1,932,000-2,746,000-4,235,0002,799,0001,005,765-1,123,8863,266,165-15,09010,81614,230
overdraft000000-15,156,000-1,568,000-1,898,00017,054,0000-1,779,427-357,0261,881,772254,681
change in cash28,122,0002,629,0001,209,0005,447,0002,357,000-1,932,00012,410,000-2,667,0004,697,000-16,048,235-1,123,8865,045,592341,936-1,870,956-240,451

gsf car parts 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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Gsf Car Parts Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gsf car parts limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in EC3A area or any other competitors across 12 key performance metrics.

gsf car parts limited Ownership

GSF CAR PARTS LIMITED group structure

Gsf Car Parts Limited has no subsidiary companies.

Ultimate parent company

FRIEDEN MIDCO LTD

#0158350

2 parents

GSF CAR PARTS LIMITED

01779084

GSF CAR PARTS LIMITED Shareholders

pa group holdings limited 100%

gsf car parts limited directors

Gsf Car Parts Limited currently has 3 directors. The longest serving directors include Mr Stephen Horne (Oct 2023) and Mr Sukhpal Ahluwalia (Oct 2023).

officercountryagestartendrole
Mr Stephen HorneEngland61 years Oct 2023- Director
Mr Sukhpal AhluwaliaUnited Kingdom66 years Oct 2023- Director
Mr Michael Scott45 years Jul 2024- Director

P&L

December 2023

turnover

396.8m

+21%

operating profit

28.8m

+63%

gross margin

43.9%

-0.16%

turnover

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

Balance Sheet

December 2023

net assets

29.8m

-0.22%

total assets

197.3m

+0.19%

cash

41m

+2.18%

net assets

Total assets minus all liabilities

gsf car parts limited company details

company number

01779084

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

December 1983

age

42

incorporated

UK

ultimate parent company

FRIEDEN MIDCO LTD

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

parts alliance group limited (November 2021)

ces (uk) limited (October 2015)

accountant

-

auditor

-

address

15th floor 6 bevis marks, bury court, london, EC3A 7BA

Bank

BARCLAYS BANK PLC

Legal Advisor

-

gsf car parts 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 16 charges/mortgages relating to gsf car parts limited. Currently there are 3 open charges and 13 have been satisfied in the past.

gsf car parts 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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gsf car parts limited Companies House Filings - See Documents

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