global experience specialists (ges) limited

global experience specialists (ges) limited Company Information

Share GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED
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Company Number

02930892

Industry

Other business support service activities n.e.c.

 

Shareholders

mes holdings ltd

Group Structure

View All

Contact

Registered Address

block a exhibition way, the nec, birmingham, B40 1PA

global experience specialists (ges) limited Estimated Valuation

£80.1m

Pomanda estimates the enterprise value of GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED at £80.1m based on a Turnover of £72m and 1.11x industry multiple (adjusted for size and gross margin).

global experience specialists (ges) limited Estimated Valuation

£37.7m

Pomanda estimates the enterprise value of GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED at £37.7m based on an EBITDA of £4.6m and a 8.21x industry multiple (adjusted for size and gross margin).

global experience specialists (ges) limited Estimated Valuation

£38.3m

Pomanda estimates the enterprise value of GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED at £38.3m based on Net Assets of £16.3m and 2.35x industry multiple (adjusted for liquidity).

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Global Experience Specialists (ges) Limited Overview

Global Experience Specialists (ges) Limited is a live company located in birmingham, B40 1PA with a Companies House number of 02930892. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1994, it's largest shareholder is mes holdings ltd with a 100% stake. Global Experience Specialists (ges) Limited is a mature, large sized company, Pomanda has estimated its turnover at £72m with rapid growth in recent years.

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Global Experience Specialists (ges) Limited Health Check

Pomanda's financial health check has awarded Global Experience Specialists (Ges) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

5 Regular

positive_score

1 Weak

size

Size

annual sales of £72m, make it larger than the average company (£4.5m)

£72m - Global Experience Specialists (ges) Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (6.5%)

54% - Global Experience Specialists (ges) Limited

6.5% - Industry AVG

production

Production

with a gross margin of 33.5%, this company has a comparable cost of product (38.2%)

33.5% - Global Experience Specialists (ges) Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 5.1% make it as profitable than the average company (5.7%)

5.1% - Global Experience Specialists (ges) Limited

5.7% - Industry AVG

employees

Employees

with 258 employees, this is above the industry average (26)

258 - Global Experience Specialists (ges) Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.4k, the company has an equivalent pay structure (£52.9k)

£56.4k - Global Experience Specialists (ges) Limited

£52.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £278.9k, this is more efficient (£167.7k)

£278.9k - Global Experience Specialists (ges) Limited

£167.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (41 days)

15 days - Global Experience Specialists (ges) Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (32 days)

8 days - Global Experience Specialists (ges) Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (31 days)

6 days - Global Experience Specialists (ges) Limited

31 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is average cash available to meet short term requirements (23 weeks)

27 weeks - Global Experience Specialists (ges) Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.8%, this is a similar level of debt than the average (62%)

62.8% - Global Experience Specialists (ges) Limited

62% - Industry AVG

GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED financials

EXPORTms excel logo

Global Experience Specialists (Ges) Limited's latest turnover from December 2023 is £72 million and the company has net assets of £16.3 million. According to their latest financial statements, Global Experience Specialists (Ges) Limited has 258 employees and maintains cash reserves of £14.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover71,961,00065,686,00029,688,00019,652,00083,575,00079,556,00079,503,00073,894,00068,429,00063,104,00056,016,00059,036,00051,260,00042,813,00038,096,000
Other Income Or Grants000000000000000
Cost Of Sales47,848,00044,214,00020,736,00013,245,00058,848,00055,518,00056,231,00050,974,00047,372,00044,359,00039,153,00040,799,00034,400,00027,272,00024,105,000
Gross Profit24,113,00021,472,0008,952,0006,407,00024,727,00024,038,00023,272,00022,920,00021,057,00018,745,00016,863,00018,237,00016,860,00015,541,00013,991,000
Admin Expenses20,438,00018,523,00010,654,00018,074,00027,088,00024,118,00022,565,00022,665,00020,438,00017,450,00016,138,00015,575,00013,754,00013,558,00012,050,000
Operating Profit3,675,0002,949,000-1,702,000-11,667,000-2,361,000-80,000707,000255,000619,0001,295,000725,0002,662,0003,106,0001,983,0001,941,000
Interest Payable3,00014,0001,000458,000128,00065,00039,00000000000
Interest Receivable2,627,000210,0002,0004,839,0003,000002,0005,000246,00000001,000
Pre-Tax Profit6,299,0003,145,000-1,701,000-7,286,000-2,486,000-145,000668,000257,000624,0002,547,0002,138,0003,000,0003,106,0001,983,0001,942,000
Tax-3,015,000486,000-8,00016,000-192,000-471,000-401,000-715,000-511,000-194,000-224,000-812,000-878,000-715,000-634,000
Profit After Tax3,284,0003,631,000-1,709,000-7,270,000-2,678,000-616,000267,000-458,000113,0002,353,0001,914,0002,188,0002,228,0001,268,0001,308,000
Dividends Paid00000893,000000000000
Retained Profit3,284,0003,631,000-1,709,000-7,270,000-2,678,000-1,509,000267,000-458,000113,0002,353,0001,914,0002,188,0002,228,0001,268,0001,308,000
Employee Costs14,552,00012,792,0007,955,00014,774,00020,621,00019,564,00019,238,00017,827,00016,109,00013,543,00013,220,00012,273,0009,825,0008,933,0009,947,000
Number Of Employees258254179405398399375362397326305287272245252
EBITDA*4,597,0004,382,000-582,000-10,381,000-947,0001,177,0002,155,0001,735,0002,160,0002,588,0002,096,0004,140,0004,432,0003,193,0003,115,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,129,0002,442,0002,305,0003,073,0004,509,0005,049,0004,547,0004,154,0004,708,0004,064,0003,874,0004,767,0005,206,0004,891,0004,803,000
Intangible Assets0000001,225,000601,00042,0001,148,0001,503,0000000
Investments & Other334,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,000
Debtors (Due After 1 year)007,471,0007,471,00000000000000
Total Fixed Assets4,463,0002,464,0009,798,00010,566,0004,531,0005,071,0005,794,0004,777,0004,772,0005,234,0005,399,0004,789,0005,228,0004,913,0004,825,000
Stock & work in progress850,000794,000962,000438,0001,722,0001,348,0001,066,0001,181,0001,142,0001,357,0001,642,0001,378,000724,000590,000838,000
Trade Debtors2,986,0004,260,0006,093,0001,202,0006,844,0005,724,0007,214,0006,492,0005,034,0003,691,0003,792,0003,513,0005,724,0005,235,0002,958,000
Group Debtors20,684,00016,739,0004,886,0002,376,0008,342,0009,383,00010,864,00011,610,0009,509,00010,198,00015,953,00015,158,00017,411,00017,387,00017,387,000
Misc Debtors678,0002,443,000857,000703,000993,000509,000656,0001,484,0002,055,0002,233,0001,303,0001,711,000387,0001,023,0001,238,000
Cash14,118,0003,794,0004,284,0006,127,0009,915,0005,716,0004,510,0002,480,0001,748,000919,000298,0001,933,000875,0001,914,00060,000
misc current assets000000000000000
total current assets39,316,00028,030,00017,082,00010,846,00027,816,00022,680,00024,310,00023,247,00019,488,00018,398,00022,988,00023,693,00025,121,00026,149,00022,481,000
total assets43,779,00030,494,00026,880,00021,412,00032,347,00027,751,00030,104,00028,024,00024,260,00023,632,00028,387,00028,482,00030,349,00031,062,00027,306,000
Bank overdraft10,897,000152,0000000000000000
Bank loan000000000000000
Trade Creditors 1,072,0003,664,0003,220,000440,0004,852,0003,501,0006,437,0003,745,0002,628,0002,177,0002,950,0001,093,0001,679,0001,607,0001,322,000
Group/Directors Accounts1,010,0001,116,0005,545,000275,0006,962,0004,631,0004,706,0003,033,000959,0001,475,00003,686,0005,528,0006,201,0005,195,000
other short term finances000000000000000
hp & lease commitments22,00021,00043,00043,00000000000000
other current liabilities13,782,00011,909,0008,611,0009,447,00014,369,00010,777,0006,371,0006,423,0005,392,0004,567,0005,320,0005,461,0007,088,0008,940,0007,649,000
total current liabilities26,783,00016,862,00017,419,00010,205,00026,183,00018,909,00017,514,00013,201,0008,979,0008,219,0008,270,00010,240,00014,295,00016,748,00014,166,000
loans000000000000000
hp & lease commitments44,00059,00079,000116,00000000000000
Accruals and Deferred Income000000000000000
other liabilities420,000560,0000000000000000
provisions235,00000000000245,000202,000241,000241,000729,000823,000
total long term liabilities699,000619,00079,000116,00000000245,000202,000241,000241,000729,000823,000
total liabilities27,482,00017,481,00017,498,00010,321,00026,183,00018,909,00017,514,00013,201,0008,979,0008,464,0008,472,00010,481,00014,536,00017,477,00014,989,000
net assets16,297,00013,013,0009,382,00011,091,0006,164,0008,842,00012,590,00014,823,00015,281,00015,168,00019,915,00018,001,00015,813,00013,585,00012,317,000
total shareholders funds16,297,00013,013,0009,382,00011,091,0006,164,0008,842,00012,590,00014,823,00015,281,00015,168,00019,915,00018,001,00015,813,00013,585,00012,317,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,675,0002,949,000-1,702,000-11,667,000-2,361,000-80,000707,000255,000619,0001,295,000725,0002,662,0003,106,0001,983,0001,941,000
Depreciation922,0001,433,0001,120,0001,286,0001,414,0001,257,0001,339,0001,306,0001,365,0001,293,0001,371,0001,478,0001,326,0001,210,0001,147,000
Amortisation000000109,000174,000176,0000000027,000
Tax-3,015,000486,000-8,00016,000-192,000-471,000-401,000-715,000-511,000-194,000-224,000-812,000-878,000-715,000-634,000
Stock56,000-168,000524,000-1,284,000374,000282,000-115,00039,000-215,000-285,000264,000654,000134,000-248,000838,000
Debtors906,0004,135,0007,555,000-4,427,000563,000-3,118,000-852,0002,988,000476,000-4,926,000666,000-3,140,000-123,0002,062,00021,583,000
Creditors-2,592,000444,0002,780,000-4,412,0001,351,000-2,936,0002,692,0001,117,000451,000-773,0001,857,000-586,00072,000285,0001,322,000
Accruals and Deferred Income1,873,0003,298,000-836,000-4,922,0003,592,0004,406,000-52,0001,031,000825,000-753,000-141,000-1,627,000-1,852,0001,291,0007,649,000
Deferred Taxes & Provisions235,0000000000-245,00043,000-39,0000-488,000-94,000823,000
Cash flow from operations136,0004,643,000-6,725,000-13,988,0002,867,0005,012,0005,361,000141,0002,419,0006,122,0002,619,0003,601,0001,275,0002,146,000-10,146,000
Investing Activities
capital expenditure-2,609,000-1,570,000-352,000150,000-874,000-534,000-2,465,000-1,485,000-1,079,000-1,128,000-1,981,000-1,039,000-1,641,000-1,298,000-5,977,000
Change in Investments312,000000000000000022,000
cash flow from investments-2,921,000-1,570,000-352,000150,000-874,000-534,000-2,465,000-1,485,000-1,079,000-1,128,000-1,981,000-1,039,000-1,641,000-1,298,000-5,999,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-106,000-4,429,0005,270,000-6,687,0002,331,000-75,0001,673,0002,074,000-516,0001,475,000-3,686,000-1,842,000-673,0001,006,0005,195,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-14,000-42,000-37,000159,00000000000000
other long term liabilities-140,000560,0000000000000000
share issue00012,197,0000-2,239,000-2,500,00000-7,100,000000011,009,000
interest2,624,000196,0001,0004,381,000-125,000-65,000-39,0002,0005,000246,00000001,000
cash flow from financing2,364,000-3,715,0005,234,00010,050,0002,206,000-2,379,000-866,0002,076,000-511,000-5,379,000-3,686,000-1,842,000-673,0001,006,00016,205,000
cash and cash equivalents
cash10,324,000-490,000-1,843,000-3,788,0004,199,0001,206,0002,030,000732,000829,000621,000-1,635,0001,058,000-1,039,0001,854,00060,000
overdraft10,745,000152,0000000000000000
change in cash-421,000-642,000-1,843,000-3,788,0004,199,0001,206,0002,030,000732,000829,000621,000-1,635,0001,058,000-1,039,0001,854,00060,000

global experience specialists (ges) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Global Experience Specialists (ges) Limited Competitor Analysis

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Perform a competitor analysis for global experience specialists (ges) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in B40 area or any other competitors across 12 key performance metrics.

global experience specialists (ges) limited Ownership

GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED group structure

Global Experience Specialists (Ges) Limited has no subsidiary companies.

Ultimate parent company

1 parent

GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED

02930892

GLOBAL EXPERIENCE SPECIALISTS (GES) LIMITED Shareholders

mes holdings ltd 100%

global experience specialists (ges) limited directors

Global Experience Specialists (Ges) Limited currently has 3 directors. The longest serving directors include Ms Ellen Ingersoll (Feb 2007) and Mr Steven Moster (Dec 2014).

officercountryagestartendrole
Ms Ellen IngersollUnited Kingdom60 years Feb 2007- Director
Mr Steven MosterUnited Kingdom54 years Dec 2014- Director
Mr Jason SteadUnited Kingdom53 years Aug 2022- Director

P&L

December 2023

turnover

72m

+10%

operating profit

3.7m

+25%

gross margin

33.6%

+2.51%

turnover

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

Balance Sheet

December 2023

net assets

16.3m

+0.25%

total assets

43.8m

+0.44%

cash

14.1m

+2.72%

net assets

Total assets minus all liabilities

global experience specialists (ges) limited company details

company number

02930892

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

May 1994

age

30

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

melville exhibition and event services limited (March 2013)

melville exhibition services limited (June 2004)

accountant

-

auditor

RSM UK AUDIT LLP

address

block a exhibition way, the nec, birmingham, B40 1PA

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

EVESHEDS SUTHERLAND

global experience specialists (ges) 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 9 charges/mortgages relating to global experience specialists (ges) limited. Currently there are 2 open charges and 7 have been satisfied in the past.

global experience specialists (ges) 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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global experience specialists (ges) limited Companies House Filings - See Documents

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