global asset finance limited Company Information
Company Number
03322324
Website
www.globalassetfinance.comRegistered Address
building 2 30 friern park, north finchley, london, N12 9DA
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Jake Gruenewald2 Years
Shareholders
jake louis gruenewald 50%
jason michael gruenewald 50%
global asset finance limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL ASSET FINANCE LIMITED at £88.8k based on a Turnover of £93k and 0.95x industry multiple (adjusted for size and gross margin).
global asset finance limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL ASSET FINANCE LIMITED at £0 based on an EBITDA of £-800 and a 3.77x industry multiple (adjusted for size and gross margin).
global asset finance limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL ASSET FINANCE LIMITED at £0 based on Net Assets of £-95.5k and 0.68x industry multiple (adjusted for liquidity).
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Global Asset Finance Limited Overview
Global Asset Finance Limited is a dissolved company that was located in london, N12 9DA with a Companies House number of 03322324. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 1997, it's largest shareholder was jake louis gruenewald with a 50% stake. The last turnover for Global Asset Finance Limited was estimated at £93k.
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Global Asset Finance Limited Health Check
Pomanda's financial health check has awarded Global Asset Finance Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
1 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
8 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £93k, make it smaller than the average company (£4.6m)
- Global Asset Finance Limited
£4.6m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (3.2%)
- Global Asset Finance Limited
3.2% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 21.1%, this company has a higher cost of product (61.1%)
- Global Asset Finance Limited
61.1% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -0.9% make it less profitable than the average company (10.8%)
- Global Asset Finance Limited
10.8% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 1 employees, this is below the industry average (15)
1 - Global Asset Finance Limited
15 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £79k, the company has an equivalent pay structure (£79k)
- Global Asset Finance Limited
£79k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £93k, this is less efficient (£224.9k)
- Global Asset Finance Limited
£224.9k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 73 days, this is later than average (30 days)
- Global Asset Finance Limited
30 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 567 days, this is slower than average (37 days)
- Global Asset Finance Limited
37 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Global Asset Finance Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Global Asset Finance Limited
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 612.2%, this is a higher level of debt than the average (58.9%)
612.2% - Global Asset Finance Limited
58.9% - Industry AVG
GLOBAL ASSET FINANCE LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Global Asset Finance Limited's latest turnover from December 2022 is estimated at £93 thousand and the company has net assets of -£95.5 thousand. According to their latest financial statements, Global Asset Finance Limited has 1 employee and maintains cash reserves of 0 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 | ||||||||||||||
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 | 1 | 1 | 2 | 2 | 2 | |||||||||
EBITDA* |
* 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 | 0 | 0 | 0 | 332 | 893 | 1,409 | 2,609 | 1,463 | 257 | 1,801 | 4,339 | 3,828 | 2,572 | 5,104 |
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 | 0 | 0 | 0 | 332 | 893 | 1,409 | 2,609 | 1,463 | 257 | 1,801 | 4,339 | 3,828 | 2,572 | 5,104 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 18,649 | 18,627 | 29,715 | 40,435 | 62,176 | 82,955 | 102,722 | 156,452 | 125,187 | 101,318 | 71,083 | 51,502 | 64,681 | 56,567 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 153,082 | 242,027 | 335,610 | 345,987 | 424,525 | 455,454 | 504,298 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 18,649 | 18,627 | 29,715 | 40,634 | 62,176 | 82,955 | 102,722 | 309,534 | 367,214 | 436,928 | 417,070 | 476,027 | 520,135 | 560,865 |
total assets | 18,649 | 18,627 | 29,715 | 40,966 | 63,069 | 84,364 | 105,331 | 310,997 | 367,471 | 438,729 | 421,409 | 479,855 | 522,707 | 565,969 |
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 | 114,161 | 113,339 | 109,709 | 110,049 | 112,066 | 104,092 | 90,617 | 86,529 | 77,053 | 90,066 | 74,939 | 91,880 | 69,109 | 3,335 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49,648 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 114,161 | 113,339 | 109,709 | 110,049 | 112,066 | 104,092 | 90,617 | 86,529 | 77,053 | 90,066 | 74,939 | 91,880 | 69,109 | 52,983 |
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 | 30,000 | 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 | 30,000 | 0 |
total liabilities | 114,161 | 113,339 | 109,709 | 110,049 | 112,066 | 104,092 | 90,617 | 86,529 | 77,053 | 90,066 | 74,939 | 91,880 | 99,109 | 52,983 |
net assets | -95,512 | -94,712 | -79,994 | -69,083 | -48,997 | -19,728 | 14,714 | 224,468 | 290,418 | 348,663 | 346,470 | 387,975 | 423,598 | 512,986 |
total shareholders funds | -95,512 | -94,712 | -79,994 | -69,083 | -48,997 | -19,728 | 14,714 | 224,468 | 290,418 | 348,663 | 346,470 | 387,975 | 423,598 | 512,986 |
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 | ||||||||||||||
Depreciation | 0 | 0 | 0 | 969 | 1,544 | 3,183 | 3,368 | 3,828 | 3,719 | 3,850 | ||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 22 | -11,088 | -10,919 | -21,542 | -20,779 | -19,767 | -53,730 | 31,265 | 23,869 | 30,235 | 19,581 | -13,179 | 8,114 | 56,567 |
Creditors | 822 | 3,630 | -340 | -2,017 | 7,974 | 13,475 | 4,088 | 9,476 | -13,013 | 15,127 | -16,941 | 22,771 | 65,774 | 3,335 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | ||||||||||||||
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -49,648 | 49,648 |
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 | -30,000 | 30,000 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -153,082 | -88,945 | -93,583 | -10,377 | -78,538 | -30,929 | -48,844 | 504,298 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -153,082 | -88,945 | -93,583 | -10,377 | -78,538 | -30,929 | -48,844 | 504,298 |
global asset finance limited Credit Report and Business Information
Global Asset Finance Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for global asset finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in N12 area or any other competitors across 12 key performance metrics.
global asset finance limited Ownership
GLOBAL ASSET FINANCE LIMITED group structure
Global Asset Finance Limited has no subsidiary companies.
Ultimate parent company
GLOBAL ASSET FINANCE LIMITED
03322324
global asset finance limited directors
Global Asset Finance Limited currently has 1 director, Mr Jake Gruenewald serving since Jul 2022.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jake Gruenewald | 25 years | Jul 2022 | - | Director |
P&L
December 2022turnover
93k
+3%
operating profit
-800
0%
gross margin
21.2%
-8.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-95.5k
+0.01%
total assets
18.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
global asset finance limited company details
company number
03322324
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
February 1997
age
27
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
building 2 30 friern park, north finchley, london, N12 9DA
accountant
-
auditor
-
global asset finance 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 did not find charges/mortgages relating to global asset finance limited.
![charges](/assets/images/company_charges.png)
global asset finance limited Companies House Filings - See Documents
date | description | view/download |
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