gladston carpets & flooring ltd. Company Information
Company Number
01824431
Website
www.gladston.co.ukRegistered Address
1 coleshill street, sutton coldfield, west midlads, B72 1SD
Industry
Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Telephone
01827308600
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
gerald dominic kinsella 26%
janet mary kinsella 25%
View Allgladston carpets & flooring ltd. Estimated Valuation
Pomanda estimates the enterprise value of GLADSTON CARPETS & FLOORING LTD. at £896.1k based on a Turnover of £2.7m and 0.33x industry multiple (adjusted for size and gross margin).
gladston carpets & flooring ltd. Estimated Valuation
Pomanda estimates the enterprise value of GLADSTON CARPETS & FLOORING LTD. at £28.4k based on an EBITDA of £7k and a 4.03x industry multiple (adjusted for size and gross margin).
gladston carpets & flooring ltd. Estimated Valuation
Pomanda estimates the enterprise value of GLADSTON CARPETS & FLOORING LTD. at £593.1k based on Net Assets of £193.3k and 3.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gladston Carpets & Flooring Ltd. Overview
Gladston Carpets & Flooring Ltd. is a live company located in west midlads, B72 1SD with a Companies House number of 01824431. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in June 1984, it's largest shareholder is gerald dominic kinsella with a 26% stake. Gladston Carpets & Flooring Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £2.7m with low growth in recent years.
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Gladston Carpets & Flooring Ltd. Health Check
Pomanda's financial health check has awarded Gladston Carpets & Flooring Ltd. a 2.5 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
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
6 Weak
![size](/assets/images/scoreRate1.png)
Size
annual sales of £2.7m, make it in line with the average company (£2.3m)
- Gladston Carpets & Flooring Ltd.
£2.3m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (2.2%)
- Gladston Carpets & Flooring Ltd.
2.2% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 43.2%, this company has a comparable cost of product (43.2%)
- Gladston Carpets & Flooring Ltd.
43.2% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -0.2% make it less profitable than the average company (5.3%)
- Gladston Carpets & Flooring Ltd.
5.3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 10 employees, this is below the industry average (38)
10 - Gladston Carpets & Flooring Ltd.
38 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Gladston Carpets & Flooring Ltd.
£29.5k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £273.4k, this is more efficient (£167.5k)
- Gladston Carpets & Flooring Ltd.
£167.5k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 65 days, this is later than average (33 days)
- Gladston Carpets & Flooring Ltd.
33 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (53 days)
- Gladston Carpets & Flooring Ltd.
53 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gladston Carpets & Flooring Ltd.
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Gladston Carpets & Flooring Ltd.
21 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 64.2%, this is a higher level of debt than the average (53.7%)
64.2% - Gladston Carpets & Flooring Ltd.
53.7% - Industry AVG
GLADSTON CARPETS & FLOORING LTD. financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Gladston Carpets & Flooring Ltd.'s latest turnover from March 2023 is estimated at £2.7 million and the company has net assets of £193.3 thousand. According to their latest financial statements, Gladston Carpets & Flooring Ltd. has 10 employees and maintains cash reserves of £100 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 10 | 10 | 9 | 9 | 11 | 11 | 11 | 11 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 44,797 | 53,050 | 64,418 | 9,558 | 11,194 | 11,916 | 12,787 | 14,869 | 9,493 | 11,854 | 15,690 | 22,865 | 25,117 | 24,148 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 44,797 | 53,050 | 64,418 | 9,558 | 11,194 | 11,916 | 12,787 | 14,869 | 9,493 | 11,854 | 15,690 | 22,865 | 25,117 | 24,148 |
Stock & work in progress | 0 | 0 | 0 | 16,500 | 15,250 | 15,500 | 17,650 | 15,800 | 17,000 | 18,720 | 18,175 | 13,852 | 14,526 | 13,042 |
Trade Debtors | 490,590 | 502,145 | 508,561 | 456,468 | 399,922 | 543,966 | 580,046 | 515,963 | 511,874 | 520,057 | 461,343 | 570,254 | 508,555 | 388,928 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 3,801 | 20,928 | 7,402 | 17,808 | 15,767 | 15,462 | 6,695 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 100 | 100 | 100 | 100 | 100 | 12,021 | 100 | 100 | 18,582 | 100 | 5,824 | 3,313 | 5,894 | 6,587 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 494,491 | 523,173 | 516,063 | 490,876 | 431,039 | 586,949 | 604,491 | 531,863 | 547,456 | 538,877 | 485,342 | 587,419 | 528,975 | 408,557 |
total assets | 539,288 | 576,223 | 580,481 | 500,434 | 442,233 | 598,865 | 617,278 | 546,732 | 556,949 | 550,731 | 501,032 | 610,284 | 554,092 | 432,705 |
Bank overdraft | 56,095 | 66,992 | 33,916 | 35,668 | 55,960 | 0 | 27,349 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 162,440 | 185,353 | 155,021 | 165,400 | 149,293 | 212,482 | 262,712 | 367,509 | 410,257 | 399,371 | 340,165 | 433,339 | 359,996 | 231,730 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 16,930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 95,618 | 72,177 | 125,476 | 135,119 | 60,500 | 121,575 | 100,732 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 314,153 | 324,522 | 314,413 | 336,187 | 265,753 | 340,298 | 407,723 | 367,509 | 410,257 | 399,371 | 340,165 | 433,339 | 359,996 | 231,730 |
loans | 23,366 | 34,049 | 43,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 8,511 | 10,080 | 12,239 | 1,816 | 2,127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 31,877 | 44,129 | 55,572 | 1,816 | 2,127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 346,030 | 368,651 | 369,985 | 338,003 | 267,880 | 340,298 | 407,723 | 367,509 | 410,257 | 399,371 | 340,165 | 433,339 | 359,996 | 231,730 |
net assets | 193,258 | 207,572 | 210,496 | 162,431 | 174,353 | 258,567 | 209,555 | 179,223 | 146,692 | 151,360 | 160,867 | 176,945 | 194,096 | 200,975 |
total shareholders funds | 193,258 | 207,572 | 210,496 | 162,431 | 174,353 | 258,567 | 209,555 | 179,223 | 146,692 | 151,360 | 160,867 | 176,945 | 194,096 | 200,975 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 12,104 | 14,450 | 8,650 | 2,178 | 2,455 | 2,498 | 2,962 | 3,041 | 2,361 | 2,627 | 5,118 | 6,331 | 6,239 | 8,205 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | -16,500 | 1,250 | -250 | -2,150 | 1,850 | -1,200 | -1,720 | 545 | 4,323 | -674 | 1,484 | 13,042 |
Debtors | -28,682 | 7,110 | 41,687 | 58,587 | -143,739 | -27,313 | 70,778 | 4,089 | -8,183 | 58,714 | -108,911 | 61,699 | 119,627 | 388,928 |
Creditors | -22,913 | 30,332 | -10,379 | 16,107 | -63,189 | -50,230 | -104,797 | -42,748 | 10,886 | 59,206 | -93,174 | 73,343 | 128,266 | 231,730 |
Accruals and Deferred Income | 23,441 | -53,299 | -9,643 | 74,619 | -61,075 | 20,843 | 100,732 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -1,569 | -2,159 | 10,423 | -311 | 2,127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -16,930 | 16,930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -10,683 | -9,284 | 43,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | -11,921 | 11,921 | 0 | -18,482 | 18,482 | -5,724 | 2,511 | -2,581 | -693 | 6,587 |
overdraft | -10,897 | 33,076 | -1,752 | -20,292 | 55,960 | -27,349 | 27,349 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 10,897 | -33,076 | 1,752 | 20,292 | -67,881 | 39,270 | -27,349 | -18,482 | 18,482 | -5,724 | 2,511 | -2,581 | -693 | 6,587 |
gladston carpets & flooring ltd. Credit Report and Business Information
Gladston Carpets & Flooring Ltd. Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for gladston carpets & flooring ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gladston carpets & flooring ltd. Ownership
GLADSTON CARPETS & FLOORING LTD. group structure
Gladston Carpets & Flooring Ltd. has no subsidiary companies.
Ultimate parent company
GLADSTON CARPETS & FLOORING LTD.
01824431
gladston carpets & flooring ltd. directors
Gladston Carpets & Flooring Ltd. currently has 2 directors. The longest serving directors include Mr Gerald Kinsella (Dec 1991) and Mr Daniel Kinsella (Feb 2004).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gerald Kinsella | 81 years | Dec 1991 | - | Director | |
Mr Daniel Kinsella | England | 50 years | Feb 2004 | - | Director |
P&L
March 2023turnover
2.7m
-4%
operating profit
-5.1k
0%
gross margin
43.3%
+9.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
193.3k
-0.07%
total assets
539.3k
-0.06%
cash
100
0%
net assets
Total assets minus all liabilities
gladston carpets & flooring ltd. company details
company number
01824431
Type
Private limited with Share Capital
industry
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
incorporation date
June 1984
age
40
accounts
Total Exemption Full
ultimate parent company
previous names
gladston carpets (1984) limited (November 1990)
penndore limited (November 1985)
incorporated
UK
address
1 coleshill street, sutton coldfield, west midlads, B72 1SD
last accounts submitted
March 2023
gladston carpets & flooring ltd. 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 gladston carpets & flooring ltd.. Currently there are 1 open charges and 0 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
gladston carpets & flooring ltd. Companies House Filings - See Documents
date | description | view/download |
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