global trace heating limited
global trace heating limited Company Information
Group Structure
View All
Industry
Manufacture of other electrical equipment
Registered Address
unit 4 penkridge ind estate, boscomoor lane, penkridge, staffordshire, ST19 5NZ
Website
www.globaltrace.co.ukglobal trace heating limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL TRACE HEATING LIMITED at £72.2k based on a Turnover of £151.4k and 0.48x industry multiple (adjusted for size and gross margin).
global trace heating limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL TRACE HEATING LIMITED at £0 based on an EBITDA of £-29.3k and a 3.38x industry multiple (adjusted for size and gross margin).
global trace heating limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL TRACE HEATING LIMITED at £58.3k based on Net Assets of £29.1k and 2.01x industry multiple (adjusted for liquidity).
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Global Trace Heating Limited Overview
Global Trace Heating Limited is a dissolved company that was located in penkridge, ST19 5NZ with a Companies House number of 03448005. It operated in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in October 1997, it's largest shareholder was steven james palmer with a 100% stake. The last turnover for Global Trace Heating Limited was estimated at £151.4k.
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Global Trace Heating Limited Health Check
Pomanda's financial health check has awarded Global Trace Heating Limited a 1.5 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
1 Strong
1 Regular
8 Weak
Size
annual sales of £151.4k, make it smaller than the average company (£11.9m)
- Global Trace Heating Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (1.9%)
- Global Trace Heating Limited
1.9% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (34.2%)
- Global Trace Heating Limited
34.2% - Industry AVG
Profitability
an operating margin of -19.3% make it less profitable than the average company (7.4%)
- Global Trace Heating Limited
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (73)
2 - Global Trace Heating Limited
73 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Global Trace Heating Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £75.7k, this is less efficient (£169.1k)
- Global Trace Heating Limited
£169.1k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (63 days)
- Global Trace Heating Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (49 days)
- Global Trace Heating Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Global Trace Heating Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Global Trace Heating Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.1%, this is a lower level of debt than the average (41.6%)
18.1% - Global Trace Heating Limited
41.6% - Industry AVG
GLOBAL TRACE HEATING LIMITED financials
Global Trace Heating Limited's latest turnover from October 2022 is estimated at £151.4 thousand and the company has net assets of £29.1 thousand. According to their latest financial statements, Global Trace Heating Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 151,790 | 239,060 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 74,573 | 67,396 | ||||||||||||
| Gross Profit | 77,217 | 171,664 | ||||||||||||
| Admin Expenses | 101,741 | 100,385 | ||||||||||||
| Operating Profit | -24,524 | 71,279 | ||||||||||||
| Interest Payable | 43 | 1,774 | ||||||||||||
| Interest Receivable | 4 | |||||||||||||
| Pre-Tax Profit | -24,563 | 69,505 | ||||||||||||
| Tax | -3,148 | -14,581 | ||||||||||||
| Profit After Tax | -27,711 | 54,924 | ||||||||||||
| Dividends Paid | 10,000 | |||||||||||||
| Retained Profit | -37,711 | 54,924 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 3 | 3 | 2 | |||||||||
| EBITDA* | -16,039 | 79,814 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,638 | 16,850 | 22,466 | 29,954 | 39,234 | 23,791 | 29,344 | 43,428 | 16,968 | 21,953 | 29,169 | 29,442 | 29,181 | |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 12,638 | 16,850 | 22,466 | 29,954 | 39,234 | 23,791 | 29,344 | 43,428 | 16,968 | 21,953 | 29,169 | 29,442 | 29,181 | |
| Stock & work in progress | 14,509 | 21,786 | 17,182 | 15,716 | 11,797 | 15,083 | 14,091 | |||||||
| Trade Debtors | 35,479 | 77,871 | 101,045 | 108,046 | 98,668 | 157,473 | 120,049 | 64,975 | 110,121 | 35,214 | 31,149 | 40,926 | 47,200 | 124,785 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 1,167 | 4,513 | 1,380 | 7,179 | ||||||||||
| Cash | 98,036 | 171,085 | 11,693 | 866 | 11,990 | 11,602 | 16,232 | |||||||
| misc current assets | 1,167 | 1,167 | ||||||||||||
| total current assets | 35,479 | 77,871 | 101,045 | 109,213 | 99,835 | 158,640 | 120,049 | 177,520 | 302,992 | 64,089 | 47,731 | 69,226 | 75,265 | 162,287 |
| total assets | 35,479 | 90,509 | 117,895 | 131,679 | 129,789 | 197,874 | 143,840 | 206,864 | 346,420 | 81,057 | 69,684 | 98,395 | 104,707 | 191,468 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 3,770 | 29,512 | 24,283 | 43,415 | 7,976 | 40,885 | 13,569 | 32,200 | 122,752 | 42,122 | 36,818 | 38,431 | 17,215 | 25,713 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 4,219 | |||||||||||||
| other current liabilities | 26,099 | 53,519 | ||||||||||||
| total current liabilities | 3,770 | 29,512 | 24,283 | 43,415 | 7,976 | 40,885 | 13,569 | 32,200 | 122,752 | 42,122 | 36,818 | 38,431 | 43,314 | 83,451 |
| loans | ||||||||||||||
| hp & lease commitments | 12,061 | |||||||||||||
| Accruals and Deferred Income | 2,650 | 2,650 | 2,650 | 2,650 | 6,647 | 2,650 | ||||||||
| other liabilities | 12,602 | 8,658 | 8,010 | |||||||||||
| provisions | 3,931 | 5,102 | 2,650 | 8,554 | 3,567 | 5,153 | 7,035 | 1,597 | 2,296 | 949 | 4,693 | 1,545 | ||
| total long term liabilities | 2,650 | 2,650 | 6,581 | 7,752 | 9,297 | 11,204 | 3,567 | 5,153 | 7,035 | 14,199 | 10,954 | 8,959 | 4,693 | 13,606 |
| total liabilities | 6,420 | 32,162 | 30,864 | 51,167 | 17,273 | 52,089 | 17,136 | 37,353 | 129,787 | 56,321 | 47,772 | 47,390 | 48,007 | 97,057 |
| net assets | 29,059 | 58,347 | 87,031 | 80,512 | 112,516 | 145,785 | 126,704 | 169,511 | 216,633 | 24,736 | 21,912 | 51,005 | 56,700 | 94,411 |
| total shareholders funds | 29,059 | 58,347 | 87,031 | 80,512 | 112,516 | 145,785 | 126,704 | 169,511 | 216,633 | 24,736 | 21,912 | 51,005 | 56,700 | 94,411 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -24,524 | 71,279 | ||||||||||||
| Depreciation | 9,783 | 4,242 | 4,916 | 6,387 | 8,656 | 8,485 | 8,535 | |||||||
| Amortisation | ||||||||||||||
| Tax | -3,148 | -14,581 | ||||||||||||
| Stock | -14,509 | -7,277 | 4,604 | 1,466 | 3,919 | -3,286 | 992 | 14,091 | ||||||
| Debtors | -42,392 | -23,174 | -8,168 | 10,545 | -58,805 | 37,424 | 55,074 | -45,146 | 74,907 | 4,065 | -14,290 | -3,141 | -83,384 | 131,964 |
| Creditors | -25,742 | 5,229 | -19,132 | 35,439 | -32,909 | 27,316 | -18,631 | -90,552 | 80,630 | 5,304 | -1,613 | 21,216 | -8,498 | 25,713 |
| Accruals and Deferred Income | -3,997 | 3,997 | 2,650 | -26,099 | -27,420 | 53,519 | ||||||||
| Deferred Taxes & Provisions | -3,931 | -1,171 | 2,452 | -5,904 | 4,987 | -1,586 | -1,882 | 5,438 | -699 | 1,347 | -3,744 | 3,148 | 1,545 | |
| Cash flow from operations | 30,435 | -45 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -16,280 | 16,280 | ||||||||||||
| other long term liabilities | -12,602 | 3,944 | 648 | 8,010 | ||||||||||
| share issue | ||||||||||||||
| interest | -39 | -1,774 | ||||||||||||
| cash flow from financing | -16,319 | 53,993 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -98,036 | -73,049 | 159,392 | 10,827 | -11,124 | 388 | -4,630 | 16,232 | ||||||
| overdraft | ||||||||||||||
| change in cash | -98,036 | -73,049 | 159,392 | 10,827 | -11,124 | 388 | -4,630 | 16,232 |
global trace heating limited Credit Report and Business Information
Global Trace Heating Limited Competitor Analysis
Perform a competitor analysis for global trace heating limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in ST19 area or any other competitors across 12 key performance metrics.
global trace heating limited Ownership
GLOBAL TRACE HEATING LIMITED group structure
Global Trace Heating Limited has no subsidiary companies.
Ultimate parent company
GLOBAL TRACE HEATING LIMITED
03448005
global trace heating limited directors
Global Trace Heating Limited currently has 1 director, Mr Steven Palmer serving since Mar 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Palmer | 55 years | Mar 1998 | - | Director |
P&L
October 2022turnover
151.4k
-36%
operating profit
-29.3k
0%
gross margin
24.1%
+5.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
29.1k
-0.5%
total assets
35.5k
-0.61%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
global trace heating limited company details
company number
03448005
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
October 1997
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2022
previous names
cyber financial services limited (March 1998)
accountant
-
auditor
-
address
unit 4 penkridge ind estate, boscomoor lane, penkridge, staffordshire, ST19 5NZ
Bank
-
Legal Advisor
-
global trace heating 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 trace heating limited. Currently there are 1 open charges and 0 have been satisfied in the past.
global trace heating 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 trace heating limited Companies House Filings - See Documents
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