global equipment logistics limited
global equipment logistics limited Company Information
Company Number
03392157
Website
http://gel-uk.comRegistered Address
dissegna house weston avenue, west thurrock, grays, essex, RM20 3ZP
Industry
Freight transport by road
Telephone
01708689300
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
jf hillebrand uk ltd 100%
global equipment logistics limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL EQUIPMENT LOGISTICS LIMITED at £275.5k based on a Turnover of £662.2k and 0.42x industry multiple (adjusted for size and gross margin).
global equipment logistics limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL EQUIPMENT LOGISTICS LIMITED at £0 based on an EBITDA of £-441k and a 3.79x industry multiple (adjusted for size and gross margin).
global equipment logistics limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL EQUIPMENT LOGISTICS LIMITED at £0 based on Net Assets of £-2.9m and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Global Equipment Logistics Limited Overview
Global Equipment Logistics Limited is a live company located in grays, RM20 3ZP with a Companies House number of 03392157. It operates in the freight transport by road sector, SIC Code 49410. Founded in June 1997, it's largest shareholder is jf hillebrand uk ltd with a 100% stake. Global Equipment Logistics Limited is a mature, small sized company, Pomanda has estimated its turnover at £662.2k with declining growth in recent years.
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Global Equipment Logistics Limited Health Check
Pomanda's financial health check has awarded Global Equipment Logistics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £662.2k, make it smaller than the average company (£10.4m)
- Global Equipment Logistics Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (8.9%)
- Global Equipment Logistics Limited
8.9% - Industry AVG
Production
with a gross margin of 22.1%, this company has a comparable cost of product (22.1%)
- Global Equipment Logistics Limited
22.1% - Industry AVG
Profitability
an operating margin of -145.6% make it less profitable than the average company (5.4%)
- Global Equipment Logistics Limited
5.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (64)
4 - Global Equipment Logistics Limited
64 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Global Equipment Logistics Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £165.5k, this is more efficient (£136.7k)
- Global Equipment Logistics Limited
£136.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (51 days)
- Global Equipment Logistics Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (29 days)
- Global Equipment Logistics Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Global Equipment Logistics Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Global Equipment Logistics Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 293%, this is a higher level of debt than the average (61.4%)
293% - Global Equipment Logistics Limited
61.4% - Industry AVG
GLOBAL EQUIPMENT LOGISTICS LIMITED financials
Global Equipment Logistics Limited's latest turnover from December 2023 is estimated at £662.2 thousand and the company has net assets of -£2.9 million. According to their latest financial statements, Global Equipment Logistics Limited has 4 employees and maintains cash reserves of £152.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 169,181 | 5,399,960 | 5,271,642 | 4,898,003 | 3,728,882 | 7,459,747 | 5,015,553 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 169,181 | 4,657,817 | 4,498,297 | 4,132,034 | 3,196,594 | 6,695,755 | 4,280,504 | |||||||
| Gross Profit | 0 | 742,143 | 773,345 | 765,969 | 532,288 | 763,992 | 735,049 | |||||||
| Admin Expenses | 576,351 | 483,371 | 539,680 | 616,029 | 577,577 | 211,324 | ||||||||
| Operating Profit | 165,792 | 289,974 | 226,289 | -83,741 | 186,415 | 523,725 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 3 | 0 | ||||||||
| Interest Receivable | 9,346 | 65 | 203 | 242 | 1,213 | 318 | ||||||||
| Pre-Tax Profit | 175,138 | 290,039 | 226,492 | -83,499 | 207,749 | 524,043 | ||||||||
| Tax | -33,953 | -60,143 | -47,383 | 11,886 | -45,515 | -120,979 | ||||||||
| Profit After Tax | 141,185 | 229,896 | 179,109 | -71,613 | 162,234 | 403,064 | ||||||||
| Dividends Paid | 180,000 | 140,000 | 0 | 400,000 | 0 | 148,500 | ||||||||
| Retained Profit | -38,815 | 89,896 | 179,109 | -471,613 | 162,234 | 254,564 | ||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 3 | 3 | 5 | 8 | 9 | 9 | |||||||
| EBITDA* | 172,133 | 292,939 | 230,900 | -77,281 | 199,959 | 534,543 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,066,998 | 1,579,377 | 708,703 | 595,014 | 253,736 | 90,830 | 59,356 | 1,797 | 2,822 | 4,438 | 3,402 | 12,905 | 24,095 | 29,685 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,175 | 3,525 | 5,875 | 9,400 | 11,750 | 16,450 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112,408 | 76,628 | 76,628 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,066,998 | 1,579,377 | 708,703 | 595,014 | 253,736 | 90,830 | 59,356 | 1,797 | 3,997 | 7,963 | 9,277 | 134,713 | 112,473 | 122,763 |
| Stock & work in progress | 0 | 414,451 | 424,863 | 592,299 | 554,134 | 399,714 | 168,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 112,896 | 140,425 | 275,314 | 117,773 | 125,763 | 215,963 | 255,184 | 617,014 | 394,085 | 264,472 | 366,195 | 1,390,013 | 996,627 | 793,547 |
| Group Debtors | 149,933 | 485,473 | 307,431 | 437,486 | 390,386 | 414,562 | 338,496 | 917,514 | 825,971 | 461,211 | 1,095,434 | 0 | 0 | 0 |
| Misc Debtors | 17,008 | 461,732 | 48,051 | 40,695 | 827 | 1,109 | 17,274 | 32,826 | 39,513 | 54,934 | 2,250 | 52,761 | 0 | 0 |
| Cash | 152,703 | 0 | 0 | 0 | 444,083 | 372,847 | 1,203,134 | 228,662 | 398,367 | 340,194 | 798,440 | 241,001 | 199,391 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 194,425 |
| total current assets | 432,540 | 1,502,081 | 1,055,659 | 1,188,253 | 1,515,193 | 1,404,195 | 1,982,756 | 1,796,016 | 1,657,936 | 1,120,811 | 2,262,319 | 1,683,775 | 1,196,018 | 987,972 |
| total assets | 1,499,538 | 3,081,458 | 1,764,362 | 1,783,267 | 1,768,929 | 1,495,025 | 2,042,112 | 1,797,813 | 1,661,933 | 1,128,774 | 2,271,596 | 1,818,488 | 1,308,491 | 1,110,735 |
| Bank overdraft | 3,504,487 | 3,075,344 | 1,490,426 | 551,153 | 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 | 58,599 | 581,042 | 136,801 | 584,827 | 774,160 | 741,410 | 888,009 | 872,089 | 890,577 | 483,290 | 1,010,699 | 966,907 | 1,002,341 | 901,046 |
| Group/Directors Accounts | 231,265 | 81,171 | 41,073 | 101,482 | 116,993 | 145,512 | 154,370 | 142,610 | 181,233 | 260,803 | 341,052 | 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 | 420,837 | 575,827 | 573,865 | 625,669 | 542,201 | 411,035 | 485,651 | 230,217 | 127,122 | 100,789 | 162,814 | 256,783 | 0 | 0 |
| total current liabilities | 4,215,188 | 4,313,384 | 2,242,165 | 1,863,131 | 1,433,354 | 1,297,957 | 1,528,030 | 1,244,916 | 1,198,932 | 844,882 | 1,514,565 | 1,223,690 | 1,002,341 | 901,046 |
| 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 | 179,126 | 340,852 | 124,683 | 108,799 | 0 | 0 | 0 | 0 | 0 | 0 | 1,526 | 1,526 | 4,706 | 6,157 |
| total long term liabilities | 179,126 | 340,852 | 124,683 | 108,799 | 0 | 0 | 0 | 0 | 0 | 0 | 1,526 | 1,526 | 4,706 | 6,157 |
| total liabilities | 4,394,314 | 4,654,236 | 2,366,848 | 1,971,930 | 1,433,354 | 1,297,957 | 1,528,030 | 1,244,916 | 1,198,932 | 844,882 | 1,516,091 | 1,225,216 | 1,007,047 | 907,203 |
| net assets | -2,894,776 | -1,572,778 | -602,486 | -188,663 | 335,575 | 197,068 | 514,082 | 552,897 | 463,001 | 283,892 | 755,505 | 593,272 | 301,444 | 203,532 |
| total shareholders funds | -2,894,776 | -1,572,778 | -602,486 | -188,663 | 335,575 | 197,068 | 514,082 | 552,897 | 463,001 | 283,892 | 755,505 | 593,272 | 301,444 | 203,532 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 165,792 | 289,974 | 226,289 | -83,741 | 186,415 | 523,725 | ||||||||
| Depreciation | 522,965 | 331,536 | 211,557 | 131,717 | 42,092 | 25,737 | 6,341 | 1,790 | 4,611 | 4,110 | 10,019 | 2,350 | 9,085 | 5,724 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,175 | 0 | 2,350 | 3,525 | 8,468 | 4,700 | 2,350 |
| Tax | -33,953 | -60,143 | -47,383 | 11,886 | -45,515 | -120,979 | ||||||||
| Stock | -414,451 | -10,412 | -167,436 | 38,165 | 154,420 | 231,046 | 168,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -807,793 | 456,834 | 34,842 | 78,978 | -114,658 | 20,680 | -956,400 | 307,785 | 478,952 | -683,262 | 21,105 | 446,147 | 203,080 | 793,547 |
| Creditors | -522,443 | 444,241 | -448,026 | -189,333 | 32,750 | -146,599 | 15,920 | -18,488 | 407,287 | -527,409 | 43,792 | -35,434 | 101,295 | 901,046 |
| Accruals and Deferred Income | -154,990 | 1,962 | -51,804 | 83,468 | 131,166 | -74,616 | 255,434 | 103,095 | 26,333 | -62,025 | -93,969 | 256,783 | 0 | 0 |
| Deferred Taxes & Provisions | -161,726 | 216,169 | 15,884 | 108,799 | 0 | 0 | 0 | 0 | 0 | -1,526 | 0 | -3,180 | -1,451 | 6,157 |
| Cash flow from operations | 1,197,266 | 9,618 | 138,185 | 26,907 | 83,162 | 185,586 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -112,408 | 35,780 | 0 | 76,628 |
| 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 | 150,094 | 40,098 | -60,409 | -15,511 | -28,519 | -8,858 | 11,760 | -38,623 | -79,570 | -80,249 | 341,052 | 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 | 9,346 | 65 | 203 | 242 | 1,210 | 318 | ||||||||
| cash flow from financing | 21,106 | -38,558 | -79,367 | -80,007 | 342,261 | 37,582 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 152,703 | 0 | 0 | -444,083 | 71,236 | -830,287 | 974,472 | -169,705 | 58,173 | -458,246 | 557,439 | 41,610 | 199,391 | 0 |
| overdraft | 429,143 | 1,584,918 | 939,273 | 551,153 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -276,440 | -1,584,918 | -939,273 | -995,236 | 71,236 | -830,287 | 974,472 | -169,705 | 58,173 | -458,246 | 557,439 | 41,610 | 199,391 | 0 |
global equipment logistics limited Credit Report and Business Information
Global Equipment Logistics Limited Competitor Analysis
Perform a competitor analysis for global equipment logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in RM20 area or any other competitors across 12 key performance metrics.
global equipment logistics limited Ownership
GLOBAL EQUIPMENT LOGISTICS LIMITED group structure
Global Equipment Logistics Limited has no subsidiary companies.
Ultimate parent company
JF HILLEBRAND GROUP AG
#0009112
2 parents
GLOBAL EQUIPMENT LOGISTICS LIMITED
03392157
global equipment logistics limited directors
Global Equipment Logistics Limited currently has 2 directors. The longest serving directors include Mr Gary Staines (Jul 1997) and Mrs Kinga Lewandowska (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Staines | 52 years | Jul 1997 | - | Director | |
| Mrs Kinga Lewandowska | Scotland | 42 years | May 2023 | - | Director |
P&L
December 2023turnover
662.2k
-90%
operating profit
-963.9k
0%
gross margin
22.1%
+4.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.9m
+0.84%
total assets
1.5m
-0.51%
cash
152.7k
0%
net assets
Total assets minus all liabilities
global equipment logistics limited company details
company number
03392157
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
June 1997
age
27
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
dissegna house weston avenue, west thurrock, grays, essex, RM20 3ZP
Bank
-
Legal Advisor
-
global equipment logistics 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 1 charges/mortgages relating to global equipment logistics limited. Currently there are 1 open charges and 0 have been satisfied in the past.
global equipment logistics limited Companies House Filings - See Documents
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