gulbrandsen e c ltd
gulbrandsen e c ltd Company Information
Company Number
02958253
Website
www.gulbrandsen.comRegistered Address
3 castlegate, grantham, lincolnshire, NG31 6SF
Industry
Wholesale of chemical products
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
donald edward gulbrandsen 80%
peder leif gulbrandsen 20%
gulbrandsen e c ltd Estimated Valuation
Pomanda estimates the enterprise value of GULBRANDSEN E C LTD at £3.1m based on a Turnover of £7.7m and 0.41x industry multiple (adjusted for size and gross margin).
gulbrandsen e c ltd Estimated Valuation
Pomanda estimates the enterprise value of GULBRANDSEN E C LTD at £3m based on an EBITDA of £645.3k and a 4.63x industry multiple (adjusted for size and gross margin).
gulbrandsen e c ltd Estimated Valuation
Pomanda estimates the enterprise value of GULBRANDSEN E C LTD at £2.2m based on Net Assets of £1m and 2.11x industry multiple (adjusted for liquidity).
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Gulbrandsen E C Ltd Overview
Gulbrandsen E C Ltd is a live company located in lincolnshire, NG31 6SF with a Companies House number of 02958253. It operates in the wholesale of chemical products sector, SIC Code 46750. Founded in August 1994, it's largest shareholder is donald edward gulbrandsen with a 80% stake. Gulbrandsen E C Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £7.7m with high growth in recent years.
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Gulbrandsen E C Ltd Health Check
Pomanda's financial health check has awarded Gulbrandsen E C Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £7.7m, make it smaller than the average company (£21m)
- Gulbrandsen E C Ltd
£21m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4.4%)
- Gulbrandsen E C Ltd
4.4% - Industry AVG
Production
with a gross margin of 19.4%, this company has a comparable cost of product (19.4%)
- Gulbrandsen E C Ltd
19.4% - Industry AVG
Profitability
an operating margin of 8.4% make it more profitable than the average company (6.4%)
- Gulbrandsen E C Ltd
6.4% - Industry AVG
Employees
with 9 employees, this is below the industry average (18)
- Gulbrandsen E C Ltd
18 - Industry AVG
Pay Structure
on an average salary of £63.3k, the company has an equivalent pay structure (£63.3k)
- Gulbrandsen E C Ltd
£63.3k - Industry AVG
Efficiency
resulting in sales per employee of £857.9k, this is equally as efficient (£956.6k)
- Gulbrandsen E C Ltd
£956.6k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (57 days)
- Gulbrandsen E C Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
- Gulbrandsen E C Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gulbrandsen E C Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (11 weeks)
13 weeks - Gulbrandsen E C Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.3%, this is a higher level of debt than the average (49.7%)
56.3% - Gulbrandsen E C Ltd
49.7% - Industry AVG
GULBRANDSEN E C LTD financials
Gulbrandsen E C Ltd's latest turnover from December 2022 is estimated at £7.7 million and the company has net assets of £1 million. According to their latest financial statements, we estimate that Gulbrandsen E C Ltd has 9 employees and maintains cash reserves of £342.9 thousand 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 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,740,828 | |||||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 9,515,004 | |||||||||||||
| Gross Profit | 225,824 | |||||||||||||
| Admin Expenses | 370,544 | |||||||||||||
| Operating Profit | -144,720 | |||||||||||||
| Interest Payable | 0 | |||||||||||||
| Interest Receivable | 221 | |||||||||||||
| Pre-Tax Profit | -144,499 | |||||||||||||
| Tax | 0 | |||||||||||||
| Profit After Tax | -144,499 | |||||||||||||
| Dividends Paid | 0 | |||||||||||||
| Retained Profit | -144,499 | |||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 2 | 2 | 2 | ||||||||
| EBITDA* | -144,720 |
* 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 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,662 | 30,326 | 53,989 | 31,235 | 48,533 | 63,695 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,662 | 30,326 | 53,989 | 31,235 | 48,533 | 63,695 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 157,094 | 1,570,942 | 764,263 |
| Trade Debtors | 1,959,865 | 1,993,191 | 1,295,139 | 1,490,660 | 1,938,850 | 1,281,765 | 1,714,451 | 1,246,611 | 1,663,287 | 1,365,925 | 1,319,564 | 1,985,243 | 1,352,100 | 1,741,125 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 37,369 | 43,665 | 0 | 13,007 | 0 | 0 | 18 | 11,208 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 342,902 | 241,050 | 223,791 | 232,743 | 225,834 | 457,395 | 601,983 | 664,690 | 655,641 | 302,027 | 540,015 | 571,575 | 439,215 | 181,061 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,340,136 | 2,277,906 | 1,518,930 | 1,736,410 | 2,164,684 | 1,739,160 | 2,316,452 | 1,922,509 | 2,318,928 | 1,667,952 | 1,859,579 | 2,713,912 | 3,362,257 | 2,686,449 |
| total assets | 2,340,136 | 2,277,906 | 1,518,930 | 1,736,410 | 2,164,684 | 1,739,160 | 2,316,452 | 1,929,171 | 2,349,254 | 1,721,941 | 1,890,814 | 2,762,445 | 3,425,952 | 2,686,449 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 108,521 | 179,586 | 20,090 | 46,180 | 44,593 | 50,235 | 52,578 | 17,125 | 2,410,121 | 1,815,733 | 2,084,366 | 2,857,700 | 3,192,002 | 2,668,848 |
| Group/Directors Accounts | 982,890 | 1,501,876 | 1,174,311 | 1,640,157 | 2,068,826 | 1,547,800 | 2,276,116 | 1,947,252 | 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 | 227,091 | 105,759 | 88,694 | 90,889 | 197,082 | 142,443 | 162,807 | 235,791 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,318,502 | 1,787,221 | 1,283,095 | 1,777,226 | 2,310,501 | 1,740,478 | 2,491,501 | 2,200,168 | 2,410,121 | 1,815,733 | 2,084,366 | 2,857,700 | 3,192,002 | 2,668,848 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,318,502 | 1,787,221 | 1,283,095 | 1,777,226 | 2,310,501 | 1,740,478 | 2,491,501 | 2,200,168 | 2,410,121 | 1,815,733 | 2,084,366 | 2,857,700 | 3,192,002 | 2,668,848 |
| net assets | 1,021,634 | 490,685 | 235,835 | -40,816 | -145,817 | -1,318 | -175,049 | -270,997 | -60,867 | -93,792 | -193,552 | -95,255 | 233,950 | 17,601 |
| total shareholders funds | 1,021,634 | 490,685 | 235,835 | -40,816 | -145,817 | -1,318 | -175,049 | -270,997 | -60,867 | -93,792 | -193,552 | -95,255 | 233,950 | 17,601 |
| 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 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -144,720 | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 6,662 | 23,664 | 23,663 | 16,473 | 15,818 | 16,115 | 15,924 | 0 |
| Tax | 0 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -157,094 | -1,413,848 | 806,679 | 764,263 |
| Debtors | -39,622 | 741,717 | -208,528 | -435,183 | 657,085 | -432,704 | 456,650 | -405,468 | 297,362 | 46,361 | -665,679 | 633,143 | -389,025 | 1,741,125 |
| Creditors | -71,065 | 159,496 | -26,090 | 1,587 | -5,642 | -2,343 | 35,453 | -2,392,996 | 594,388 | -268,633 | -773,334 | -334,302 | 523,154 | 2,668,848 |
| Accruals and Deferred Income | 121,332 | 17,065 | -2,195 | -106,193 | 54,639 | -20,364 | -72,984 | 235,791 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -752,808 | |||||||||||||
| 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 | -518,986 | 327,565 | -465,846 | -428,669 | 521,026 | -728,316 | 328,864 | 1,947,252 | 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 | 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 | 221 | |||||||||||||
| cash flow from financing | 521,247 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 101,852 | 17,259 | -8,952 | 6,909 | -231,561 | -144,588 | -62,707 | 9,049 | 353,614 | -237,988 | -31,560 | 132,360 | 258,154 | 181,061 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 101,852 | 17,259 | -8,952 | 6,909 | -231,561 | -144,588 | -62,707 | 9,049 | 353,614 | -237,988 | -31,560 | 132,360 | 258,154 | 181,061 |
gulbrandsen e c ltd Credit Report and Business Information
Gulbrandsen E C Ltd Competitor Analysis
Perform a competitor analysis for gulbrandsen e c ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gulbrandsen e c ltd Ownership
GULBRANDSEN E C LTD group structure
Gulbrandsen E C Ltd has no subsidiary companies.
Ultimate parent company
GULBRANDSEN E C LTD
02958253
gulbrandsen e c ltd directors
Gulbrandsen E C Ltd currently has 2 directors. The longest serving directors include Mr Donald Gulbrandsen (Nov 1994) and Mr Eric Smith (May 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Donald Gulbrandsen | United States | 62 years | Nov 1994 | - | Director |
| Mr Eric Smith | United States | 62 years | May 2006 | - | Director |
P&L
December 2022turnover
7.7m
+16%
operating profit
645.3k
0%
gross margin
19.5%
+0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1m
+1.08%
total assets
2.3m
+0.03%
cash
342.9k
+0.42%
net assets
Total assets minus all liabilities
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gulbrandsen e c ltd company details
company number
02958253
Type
Private limited with Share Capital
industry
46750 - Wholesale of chemical products
incorporation date
August 1994
age
30
accounts
Small Company
ultimate parent company
previous names
rambolee limited (November 1994)
incorporated
UK
address
3 castlegate, grantham, lincolnshire, NG31 6SF
last accounts submitted
December 2022
gulbrandsen e c 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 did not find charges/mortgages relating to gulbrandsen e c ltd.
gulbrandsen e c ltd Companies House Filings - See Documents
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