gbm digital technologies limited Company Information
Company Number
02719704
Website
http://www.wearesync.co.ukRegistered Address
16/18 midland street ardwick, manchester, lancashire, M12 6LB
Industry
Repair of computers and peripheral equipment
Computer consultancy activities
Telephone
01616053838
Next Accounts Due
33 days late
Group Structure
View All
Shareholders
gbm digital technologies holdings limited 100%
gbm digital technologies limited Estimated Valuation
Pomanda estimates the enterprise value of GBM DIGITAL TECHNOLOGIES LIMITED at £106.2m based on a Turnover of £199.5m and 0.53x industry multiple (adjusted for size and gross margin).
gbm digital technologies limited Estimated Valuation
Pomanda estimates the enterprise value of GBM DIGITAL TECHNOLOGIES LIMITED at £3.2m based on an EBITDA of £728.4k and a 4.44x industry multiple (adjusted for size and gross margin).
gbm digital technologies limited Estimated Valuation
Pomanda estimates the enterprise value of GBM DIGITAL TECHNOLOGIES LIMITED at £15.6m based on Net Assets of £5.4m and 2.9x industry multiple (adjusted for liquidity).
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Gbm Digital Technologies Limited Overview
Gbm Digital Technologies Limited is a live company located in lancashire, M12 6LB with a Companies House number of 02719704. It operates in the retail sale of computers, peripheral units and software in specialised stores sector, SIC Code 47410. Founded in June 1992, it's largest shareholder is gbm digital technologies holdings limited with a 100% stake. Gbm Digital Technologies Limited is a mature, mega sized company, Pomanda has estimated its turnover at £199.5m with high growth in recent years.
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Gbm Digital Technologies Limited Health Check
Pomanda's financial health check has awarded Gbm Digital Technologies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £199.5m, make it larger than the average company (£884.5k)
£199.5m - Gbm Digital Technologies Limited
£884.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (4.4%)
23% - Gbm Digital Technologies Limited
4.4% - Industry AVG
Production
with a gross margin of 1.7%, this company has a higher cost of product (35.6%)
1.7% - Gbm Digital Technologies Limited
35.6% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (4.9%)
0.3% - Gbm Digital Technologies Limited
4.9% - Industry AVG
Employees
with 74 employees, this is above the industry average (9)
74 - Gbm Digital Technologies Limited
9 - Industry AVG
Pay Structure
on an average salary of £31.6k, the company has an equivalent pay structure (£34.1k)
£31.6k - Gbm Digital Technologies Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.7m, this is more efficient (£113.5k)
£2.7m - Gbm Digital Technologies Limited
£113.5k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (52 days)
27 days - Gbm Digital Technologies Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (39 days)
33 days - Gbm Digital Technologies Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (24 days)
3 days - Gbm Digital Technologies Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (16 weeks)
6 weeks - Gbm Digital Technologies Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.3%, this is a higher level of debt than the average (67.5%)
78.3% - Gbm Digital Technologies Limited
67.5% - Industry AVG
GBM DIGITAL TECHNOLOGIES LIMITED financials
Gbm Digital Technologies Limited's latest turnover from December 2022 is £199.5 million and the company has net assets of £5.4 million. According to their latest financial statements, Gbm Digital Technologies Limited has 74 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 199,529,210 | 147,332,950 | 130,101,625 | 107,213,655 | 76,886,667 | 182,911,144 | 250,602,728 | 34,919,510 | 23,166,225 | |||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 196,114,864 | 143,288,997 | 126,871,163 | 104,709,826 | 74,738,367 | 179,777,202 | 246,828,662 | 33,308,456 | 21,567,798 | |||||
Gross Profit | 3,414,346 | 4,043,953 | 3,230,462 | 2,503,829 | 2,148,300 | 3,133,942 | 3,774,066 | 1,611,054 | 1,598,427 | |||||
Admin Expenses | 2,765,920 | 1,414,932 | 1,309,354 | 1,609,499 | 1,542,058 | 1,347,660 | 1,609,370 | 937,024 | 868,056 | |||||
Operating Profit | 648,426 | 2,629,021 | 1,921,108 | 894,330 | 606,242 | 1,786,282 | 2,164,696 | 674,030 | 730,371 | |||||
Interest Payable | 6,775 | 7,742 | 7,968 | 10,444 | 12,214 | 10,663 | 15,735 | 13,626 | 14,176 | |||||
Interest Receivable | 3,902 | 158 | 1,645 | 6,802 | 2,004 | 612 | 174 | 108 | 137 | |||||
Pre-Tax Profit | 645,553 | 2,621,437 | 1,914,785 | 890,688 | 596,032 | 1,776,231 | 2,149,135 | 660,512 | 716,332 | |||||
Tax | -35,925 | -505,526 | -266,187 | 83,729 | -120,977 | -345,136 | -439,650 | -138,825 | -160,777 | |||||
Profit After Tax | 609,628 | 2,115,911 | 1,648,598 | 974,417 | 475,055 | 1,431,095 | 1,709,485 | 521,687 | 555,555 | |||||
Dividends Paid | 573,221 | 979,839 | 947,090 | 392,908 | 491,068 | 1,088,187 | 767,306 | 124,964 | 127,431 | |||||
Retained Profit | 36,407 | 1,136,072 | 701,508 | 581,509 | -16,013 | 342,908 | 942,179 | 396,723 | 428,124 | |||||
Employee Costs | 2,340,208 | 2,105,926 | 1,848,970 | 1,699,259 | 1,595,719 | 1,632,593 | 1,962,332 | 1,123,145 | 960,408 | |||||
Number Of Employees | 74 | 64 | 64 | 62 | 55 | 49 | 45 | 40 | 38 | |||||
EBITDA* | 728,419 | 2,703,870 | 2,012,845 | 994,054 | 709,828 | 1,892,728 | 2,263,291 | 767,506 | 821,201 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 656,405 | 607,502 | 609,124 | 752,439 | 731,120 | 665,610 | 515,405 | 468,930 | 465,631 | 464,856 | 417,300 | 445,367 | 437,617 | 479,080 |
Intangible Assets | 23,686 | 27,527 | 31,368 | 35,209 | 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) | 2,812,243 | 2,213,080 | 421,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 3,492,334 | 2,848,109 | 1,062,159 | 787,648 | 731,120 | 665,610 | 515,405 | 468,930 | 465,631 | 464,856 | 417,300 | 445,367 | 437,617 | 479,080 |
Stock & work in progress | 1,872,273 | 1,873,228 | 1,561,882 | 1,485,994 | 1,899,010 | 1,319,933 | 1,024,696 | 570,097 | 437,964 | 317,631 | 429,554 | 117,874 | 170,739 | 195,880 |
Trade Debtors | 15,138,692 | 9,696,606 | 12,748,135 | 12,118,811 | 8,583,809 | 9,174,897 | 7,084,381 | 5,086,721 | 3,877,417 | 3,378,995 | 1,957,466 | 580,840 | 613,956 | 582,152 |
Group Debtors | 398,048 | 23,619 | 0 | 0 | 0 | 0 | 499,000 | 499,000 | 299,000 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,519,778 | 441,031 | 117,388 | 599,410 | 282,067 | 194,581 | 482,245 | 112,187 | 106,672 | 0 | 0 | 0 | 0 | 0 |
Cash | 2,386,819 | 1,533,857 | 3,947,356 | 137,546 | 2,686,221 | 1,900,522 | 6,458,291 | 20,398 | 226,848 | 86,069 | 440,481 | 136,061 | 98,927 | 114,572 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 21,315,610 | 13,568,341 | 18,374,761 | 14,341,761 | 13,451,107 | 12,589,933 | 15,548,613 | 6,288,403 | 4,947,901 | 3,782,695 | 2,827,501 | 834,775 | 883,622 | 892,604 |
total assets | 24,807,944 | 16,416,450 | 19,436,920 | 15,129,409 | 14,182,227 | 13,255,543 | 16,064,018 | 6,757,333 | 5,413,532 | 4,247,551 | 3,244,801 | 1,280,142 | 1,321,239 | 1,371,684 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98,165 | 0 | 421,172 | 105,876 | 24,125 | 18,095 | 16,814 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 16,548 | 24,186 | 348,265 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 18,174,920 | 8,847,621 | 13,594,072 | 10,628,940 | 9,589,742 | 8,761,150 | 11,696,982 | 4,058,779 | 2,882,884 | 2,234,674 | 2,418,989 | 704,538 | 730,811 | 677,313 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 40,193 | 32,175 | 48,321 | 126,597 | 101,015 | 78,058 | 61,521 | 72,868 | 66,460 | 59,129 | 35,813 | 27,610 | 32,113 | 51,415 |
other current liabilities | 1,110,543 | 2,106,385 | 1,516,015 | 741,435 | 1,433,006 | 1,308,490 | 1,538,326 | 741,014 | 722,198 | 544,883 | 0 | 0 | 0 | 0 |
total current liabilities | 19,325,656 | 10,986,181 | 15,158,408 | 11,496,972 | 11,123,763 | 10,147,698 | 13,313,377 | 4,995,012 | 4,019,807 | 3,259,858 | 2,560,678 | 756,273 | 781,019 | 745,542 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,761 | 46,194 | 68,868 | 89,104 | 111,367 | 132,919 | 151,666 |
hp & lease commitments | 100,014 | 84,402 | 67,917 | 114,850 | 118,252 | 159,854 | 150,758 | 85,856 | 86,550 | 80,967 | 48,848 | 49,889 | 24,499 | 19,841 |
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 | 0 | 0 | 800 | 9,300 | 13,434 | 5,200 | 0 | 0 | 0 | 5,000 | 0 | 0 | 0 | 0 |
total long term liabilities | 100,014 | 84,402 | 68,717 | 124,150 | 131,686 | 165,054 | 150,758 | 104,617 | 132,744 | 154,835 | 137,952 | 161,256 | 157,418 | 171,507 |
total liabilities | 19,425,670 | 11,070,583 | 15,227,125 | 11,621,122 | 11,255,449 | 10,312,752 | 13,464,135 | 5,099,629 | 4,152,551 | 3,414,693 | 2,698,630 | 917,529 | 938,437 | 917,049 |
net assets | 5,382,274 | 5,345,867 | 4,209,795 | 3,508,287 | 2,926,778 | 2,942,791 | 2,599,883 | 1,657,704 | 1,260,981 | 832,858 | 546,171 | 362,613 | 382,802 | 454,635 |
total shareholders funds | 5,382,274 | 5,345,867 | 4,209,795 | 3,508,287 | 2,926,778 | 2,942,791 | 2,599,883 | 1,657,704 | 1,260,981 | 832,858 | 546,171 | 362,613 | 382,802 | 454,635 |
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 | 648,426 | 2,629,021 | 1,921,108 | 894,330 | 606,242 | 1,786,282 | 2,164,696 | 674,030 | 730,371 | |||||
Depreciation | 76,152 | 71,008 | 87,896 | 96,523 | 103,586 | 106,446 | 98,595 | 93,476 | 90,830 | 71,007 | 67,754 | 69,476 | 83,218 | 97,024 |
Amortisation | 3,841 | 3,841 | 3,841 | 3,201 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -35,925 | -505,526 | -266,187 | 83,729 | -120,977 | -345,136 | -439,650 | -138,825 | -160,777 | |||||
Stock | -955 | 311,346 | 75,888 | -413,016 | 579,077 | 295,237 | 454,599 | 132,133 | 120,333 | -111,923 | 311,680 | -52,865 | -25,141 | 195,880 |
Debtors | 7,494,425 | -912,854 | 568,969 | 3,852,345 | -503,602 | 1,303,852 | 2,367,718 | 1,414,819 | 904,094 | 1,421,529 | 1,376,626 | -33,116 | 31,804 | 582,152 |
Creditors | 9,327,299 | -4,746,451 | 2,965,132 | 1,039,198 | 828,592 | -2,935,832 | 7,638,203 | 1,175,895 | 648,210 | -184,315 | 1,714,451 | -26,273 | 53,498 | 677,313 |
Accruals and Deferred Income | -995,842 | 590,370 | 774,580 | -691,571 | 124,516 | -229,836 | 797,312 | 18,816 | 177,315 | 544,883 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | -800 | -8,500 | -4,134 | 8,234 | 5,200 | 0 | 0 | -5,000 | 5,000 | 0 | 0 | 0 | 0 |
Cash flow from operations | 1,530,481 | -1,357,029 | 4,833,013 | -2,018,053 | 1,474,718 | -3,211,965 | 7,436,839 | 276,440 | 456,522 | |||||
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 | -16,548 | -7,638 | -324,079 | 348,265 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -18,761 | -27,433 | -22,674 | -20,236 | -22,263 | -21,552 | -18,747 | 151,666 |
Hire Purchase and Lease Commitments | 23,630 | 339 | -125,209 | 22,180 | -18,645 | 25,633 | 53,555 | 5,714 | 12,914 | 55,435 | 7,162 | 20,887 | -14,644 | 71,256 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -2,873 | -7,584 | -6,323 | -3,642 | -10,210 | -10,051 | -15,561 | -13,518 | -14,039 | |||||
cash flow from financing | 20,757 | -7,245 | -131,532 | 18,538 | -28,855 | -966 | 11,595 | -359,316 | 324,465 | |||||
cash and cash equivalents | ||||||||||||||
cash | 852,962 | -2,413,499 | 3,809,810 | -2,548,675 | 785,699 | -4,557,769 | 6,437,893 | -206,450 | 140,779 | -354,412 | 304,420 | 37,134 | -15,645 | 114,572 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -98,165 | 98,165 | -421,172 | 315,296 | 81,751 | 6,030 | 1,281 | 16,814 |
change in cash | 852,962 | -2,413,499 | 3,809,810 | -2,548,675 | 785,699 | -4,557,769 | 6,536,058 | -304,615 | 561,951 | -669,708 | 222,669 | 31,104 | -16,926 | 97,758 |
gbm digital technologies limited Credit Report and Business Information
Gbm Digital Technologies Limited Competitor Analysis
Perform a competitor analysis for gbm digital technologies 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 M12 area or any other competitors across 12 key performance metrics.
gbm digital technologies limited Ownership
GBM DIGITAL TECHNOLOGIES LIMITED group structure
Gbm Digital Technologies Limited has no subsidiary companies.
Ultimate parent company
2 parents
GBM DIGITAL TECHNOLOGIES LIMITED
02719704
gbm digital technologies limited directors
Gbm Digital Technologies Limited currently has 7 directors. The longest serving directors include Mr Liam Cashmore (Feb 2023) and Mr Scott Bordoni (Feb 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Liam Cashmore | England | 32 years | Feb 2023 | - | Director |
Mr Scott Bordoni | England | 36 years | Feb 2023 | - | Director |
Mr Thomas Crump | England | 34 years | Feb 2023 | - | Director |
Mr Antony Taylor | 60 years | Jan 2024 | - | Director | |
Ms Lea-Ann McLean | United Kingdom | 56 years | Jan 2024 | - | Director |
Mr Kelvin Lee | United Kingdom | 44 years | Jan 2024 | - | Director |
Mr Leon Hemani | United Kingdom | 52 years | Jan 2024 | - | Director |
P&L
December 2022turnover
199.5m
+35%
operating profit
648.4k
-75%
gross margin
1.8%
-37.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
5.4m
+0.01%
total assets
24.8m
+0.51%
cash
2.4m
+0.56%
net assets
Total assets minus all liabilities
gbm digital technologies limited company details
company number
02719704
Type
Private limited with Share Capital
industry
47410 - Retail sale of computers, peripheral units and software in specialised stores
95110 - Repair of computers and peripheral equipment
62020 - Computer consultancy activities
incorporation date
June 1992
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
LANGTONS PROFESSIONAL SERVICES LIMITED
address
16/18 midland street ardwick, manchester, lancashire, M12 6LB
Bank
-
Legal Advisor
-
gbm digital technologies 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 5 charges/mortgages relating to gbm digital technologies limited. Currently there are 3 open charges and 2 have been satisfied in the past.
gbm digital technologies limited Companies House Filings - See Documents
date | description | view/download |
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