gwynedd forklifts limited Company Information
Company Number
03614948
Website
www.gwyneddforklifts.comRegistered Address
orbital 7 orbital way, cannock, WS11 8XW
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Telephone
01492580123
Next Accounts Due
September 2024
Group Structure
View All
Directors
Peter Jones3 Years
Shareholders
gfl holdings limited 100%
gwynedd forklifts limited Estimated Valuation
Pomanda estimates the enterprise value of GWYNEDD FORKLIFTS LIMITED at £17.2m based on a Turnover of £15.1m and 1.14x industry multiple (adjusted for size and gross margin).
gwynedd forklifts limited Estimated Valuation
Pomanda estimates the enterprise value of GWYNEDD FORKLIFTS LIMITED at £16.5m based on an EBITDA of £4.2m and a 3.91x industry multiple (adjusted for size and gross margin).
gwynedd forklifts limited Estimated Valuation
Pomanda estimates the enterprise value of GWYNEDD FORKLIFTS LIMITED at £23.6m based on Net Assets of £8.8m and 2.69x industry multiple (adjusted for liquidity).
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Gwynedd Forklifts Limited Overview
Gwynedd Forklifts Limited is a live company located in cannock, WS11 8XW with a Companies House number of 03614948. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in August 1998, it's largest shareholder is gfl holdings limited with a 100% stake. Gwynedd Forklifts Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.1m with rapid growth in recent years.
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Gwynedd Forklifts Limited Health Check
Pomanda's financial health check has awarded Gwynedd Forklifts 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
6 Strong
5 Regular
1 Weak
Size
annual sales of £15.1m, make it in line with the average company (£15.3m)
£15.1m - Gwynedd Forklifts Limited
£15.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (4.4%)
- Gwynedd Forklifts Limited
4.4% - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (35.2%)
36% - Gwynedd Forklifts Limited
35.2% - Industry AVG
Profitability
an operating margin of 15.9% make it more profitable than the average company (12.7%)
15.9% - Gwynedd Forklifts Limited
12.7% - Industry AVG
Employees
with 52 employees, this is below the industry average (77)
52 - Gwynedd Forklifts Limited
77 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£41.7k)
£34.4k - Gwynedd Forklifts Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £290.5k, this is more efficient (£206.3k)
£290.5k - Gwynedd Forklifts Limited
£206.3k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (62 days)
58 days - Gwynedd Forklifts Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (52 days)
64 days - Gwynedd Forklifts Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (8 days)
4 days - Gwynedd Forklifts Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (8 weeks)
13 weeks - Gwynedd Forklifts Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.1%, this is a similar level of debt than the average (61.2%)
56.1% - Gwynedd Forklifts Limited
61.2% - Industry AVG
gwynedd forklifts limited Credit Report and Business Information
Gwynedd Forklifts Limited Competitor Analysis
Perform a competitor analysis for gwynedd forklifts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gwynedd forklifts limited Ownership
GWYNEDD FORKLIFTS LIMITED group structure
Gwynedd Forklifts Limited has no subsidiary companies.
Ultimate parent company
SAMMONS ENTERPRISES INC
#0061020
2 parents
GWYNEDD FORKLIFTS LIMITED
03614948
gwynedd forklifts limited directors
Gwynedd Forklifts Limited currently has 1 director, Mr Peter Jones serving since Oct 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Peter Jones | England | 55 years | Oct 2020 | - | Director |
GWYNEDD FORKLIFTS LIMITED financials
Gwynedd Forklifts Limited's latest turnover from December 2022 is £15.1 million and the company has net assets of £8.8 million. According to their latest financial statements, Gwynedd Forklifts Limited has 52 employees and maintains cash reserves of £710.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 15,105,145 | 9,230,677 | 2,273,760 | 5,726,039 | |||||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
Cost Of Sales | 9,666,160 | 5,952,310 | 1,282,931 | 1,871,550 | |||||||||||
Gross Profit | 5,438,985 | 3,278,367 | 990,829 | 3,854,489 | |||||||||||
Admin Expenses | 3,039,892 | 2,002,616 | 686,962 | 2,549,358 | |||||||||||
Operating Profit | 2,399,093 | 1,275,751 | 303,867 | 1,305,131 | |||||||||||
Interest Payable | 163,817 | 48,896 | 19,524 | 41,563 | |||||||||||
Interest Receivable | 0 | 0 | 0 | 0 | |||||||||||
Pre-Tax Profit | 2,235,276 | 1,226,855 | 284,343 | 1,263,568 | |||||||||||
Tax | -453,405 | -432,577 | -29,313 | -301,717 | |||||||||||
Profit After Tax | 1,781,871 | 794,278 | 255,030 | 961,851 | |||||||||||
Dividends Paid | 0 | 0 | 0 | 0 | |||||||||||
Retained Profit | 1,781,871 | 794,278 | 255,030 | 961,851 | |||||||||||
Employee Costs | 1,789,205 | 1,496,202 | 402,712 | 894,489 | |||||||||||
Number Of Employees | 52 | 42 | 36 | 32 | 32 | 32 | 21 | ||||||||
EBITDA* | 4,234,286 | 2,511,084 | 595,253 | 2,185,349 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 14,736,509 | 10,053,083 | 6,043,016 | 6,424,924 | 5,712,444 | 4,690,257 | 3,651,780 | 2,797,816 | 2,442,108 | 1,865,454 | 1,583,047 | 1,364,288 | 1,189,930 | 1,007,244 | 1,049,555 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 14,736,509 | 10,053,083 | 6,043,016 | 6,424,924 | 5,712,444 | 4,690,257 | 3,651,780 | 2,797,816 | 2,442,108 | 1,865,454 | 1,583,047 | 1,364,288 | 1,189,930 | 1,007,244 | 1,049,555 |
Stock & work in progress | 125,476 | 50,337 | 334,199 | 66,355 | 65,640 | 45,000 | 45,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 |
Trade Debtors | 2,423,576 | 1,586,825 | 1,535,860 | 2,083,671 | 1,941,100 | 1,284,718 | 947,072 | 625,991 | 538,909 | 471,550 | 615,010 | 533,541 | 449,318 | 417,119 | 323,311 |
Group Debtors | 1,415,317 | 732,519 | 1,095,950 | 108,711 | 75,603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 545,948 | 286,134 | 70,468 | 191,210 | 49,534 | 124,094 | 0 | 6,875 | 124,348 | 107,028 | 0 | 0 | 0 | 0 | 288,134 |
Cash | 710,898 | 209,678 | 1,048,400 | 734,280 | 91,707 | 149,127 | 117,152 | 128,014 | 130,611 | 170,859 | 75,779 | 53,009 | 94,979 | 72,257 | 84,248 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,221,215 | 2,865,493 | 4,084,877 | 3,184,227 | 2,223,584 | 1,602,939 | 1,109,224 | 790,880 | 823,868 | 779,437 | 720,789 | 616,550 | 574,297 | 519,376 | 725,693 |
total assets | 19,957,724 | 12,918,576 | 10,127,893 | 9,609,151 | 7,936,028 | 6,293,196 | 4,761,004 | 3,588,696 | 3,265,976 | 2,644,891 | 2,303,836 | 1,980,838 | 1,764,227 | 1,526,620 | 1,775,248 |
Bank overdraft | 0 | 0 | 0 | 0 | 12,500 | 0 | 176,621 | 87,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 100,505 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,702,706 | 1,410,958 | 893,071 | 1,293,794 | 794,902 | 526,198 | 452,836 | 131,119 | 443,928 | 425,505 | 386,619 | 361,017 | 364,326 | 278,766 | 468,617 |
Group/Directors Accounts | 36,004 | 135,535 | 282,129 | 0 | 0 | 66,143 | 73,674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 341,327 | 423,286 | 442,587 | 386,567 | 292,430 | 155,979 | 121,007 | 66,166 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 658,731 | 455,909 | 813,228 | 406,816 | 482,063 | 459,008 | 316,181 | 350,353 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,738,768 | 2,425,688 | 2,431,015 | 2,087,177 | 1,581,895 | 1,307,833 | 1,140,319 | 634,638 | 443,928 | 425,505 | 386,619 | 361,017 | 364,326 | 278,766 | 468,617 |
loans | 7,164,430 | 2,091,640 | 0 | 0 | 161,159 | 174,604 | 187,760 | 200,916 | 191,874 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 400,400 | 663,518 | 990,226 | 1,036,204 | 770,005 | 603,749 | 222,179 | 60,651 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,128 | 13,266 | 14,483 | 15,793 | 17,213 | 18,762 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78,537 | 32,633 | 110,573 | 105,836 | 45,564 | 12,333 | 2,879 |
provisions | 889,634 | 755,109 | 518,309 | 552,457 | 376,507 | 277,189 | 275,900 | 264,306 | 237,742 | 190,990 | 133,664 | 88,379 | 86,209 | 90,548 | 82,268 |
total long term liabilities | 8,454,464 | 3,510,267 | 1,508,535 | 1,588,661 | 1,307,671 | 1,055,542 | 685,839 | 525,873 | 508,153 | 235,751 | 257,503 | 208,698 | 147,566 | 120,094 | 103,909 |
total liabilities | 11,193,232 | 5,935,955 | 3,939,550 | 3,675,838 | 2,889,566 | 2,363,375 | 1,826,158 | 1,160,511 | 952,081 | 661,256 | 644,122 | 569,715 | 511,892 | 398,860 | 572,526 |
net assets | 8,764,492 | 6,982,621 | 6,188,343 | 5,933,313 | 5,046,462 | 3,929,821 | 2,934,846 | 2,428,185 | 2,313,895 | 1,983,635 | 1,659,714 | 1,411,123 | 1,252,335 | 1,127,760 | 1,202,722 |
total shareholders funds | 8,764,492 | 6,982,621 | 6,188,343 | 5,933,313 | 5,046,462 | 3,929,821 | 2,934,846 | 2,428,185 | 2,313,895 | 1,983,635 | 1,659,714 | 1,411,123 | 1,252,335 | 1,127,760 | 1,202,722 |
Dec 2022 | Dec 2021 | Dec 2020 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 2,399,093 | 1,275,751 | 303,867 | 1,305,131 | |||||||||||
Depreciation | 1,835,193 | 1,235,333 | 291,386 | 880,218 | 673,787 | 725,391 | 558,120 | 414,707 | 334,722 | 298,552 | 227,514 | 210,289 | 173,617 | 151,158 | 155,398 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -453,405 | -432,577 | -29,313 | -301,717 | |||||||||||
Stock | 75,139 | -283,862 | 268,559 | 715 | 20,640 | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,000 |
Debtors | 1,779,363 | -96,800 | 636,041 | 317,355 | 657,425 | 461,740 | 314,206 | -30,391 | 84,679 | -36,432 | 81,469 | 84,223 | 32,199 | -194,326 | 611,445 |
Creditors | 291,748 | 517,887 | 98,169 | 498,892 | 268,704 | 73,362 | 321,717 | -312,809 | 18,423 | 38,886 | 25,602 | -3,309 | 85,560 | -189,851 | 468,617 |
Accruals and Deferred Income | 202,822 | -357,319 | 331,165 | -75,247 | 23,055 | 142,827 | -34,172 | 350,353 | -12,128 | -1,138 | -1,217 | -1,310 | -1,420 | -1,549 | 18,762 |
Deferred Taxes & Provisions | 134,525 | 236,800 | 141,802 | 175,950 | 99,318 | 1,289 | 11,594 | 26,564 | 46,752 | 57,326 | 45,285 | 2,170 | -4,339 | 8,280 | 82,268 |
Cash flow from operations | 2,555,474 | 2,856,537 | 232,476 | 2,165,157 | |||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 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 | -100,505 | 100,505 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -99,531 | -146,594 | 282,129 | 0 | -66,143 | -7,531 | 73,674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 5,072,790 | 2,091,640 | -161,159 | -161,159 | -13,445 | -13,156 | -13,156 | 9,042 | 191,874 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -345,077 | -346,009 | 370,378 | 360,336 | 302,707 | 416,542 | 216,369 | 126,817 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -78,537 | 45,904 | -77,940 | 4,737 | 60,272 | 33,231 | 9,454 | 2,879 |
share issue | |||||||||||||||
interest | -163,817 | -48,896 | -19,524 | -41,563 | |||||||||||
cash flow from financing | 4,464,365 | 1,550,141 | 1,358,675 | 82,614 | |||||||||||
cash and cash equivalents | |||||||||||||||
cash | 501,220 | -838,722 | 956,693 | 642,573 | -57,420 | 31,975 | -10,862 | -2,597 | -40,248 | 95,080 | 22,770 | -41,970 | 22,722 | -11,991 | 84,248 |
overdraft | 0 | 0 | -12,500 | -12,500 | 12,500 | -176,621 | 89,621 | 87,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 501,220 | -838,722 | 969,193 | 655,073 | -69,920 | 208,596 | -100,483 | -89,597 | -40,248 | 95,080 | 22,770 | -41,970 | 22,722 | -11,991 | 84,248 |
P&L
December 2022turnover
15.1m
+64%
operating profit
2.4m
+88%
gross margin
36.1%
+1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.8m
+0.26%
total assets
20m
+0.54%
cash
710.9k
+2.39%
net assets
Total assets minus all liabilities
gwynedd forklifts limited company details
company number
03614948
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
August 1998
age
26
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
orbital 7 orbital way, cannock, WS11 8XW
last accounts submitted
December 2022
gwynedd forklifts 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 8 charges/mortgages relating to gwynedd forklifts limited. Currently there are 2 open charges and 6 have been satisfied in the past.
gwynedd forklifts limited Companies House Filings - See Documents
date | description | view/download |
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