gichner europe limited
gichner europe limited Company Information
Company Number
03767525
Website
-Registered Address
1st floor 16-17 boundary road, hove, east sussex, BN3 4AN
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
gichner systems group inc. 100%
gichner europe limited Estimated Valuation
Pomanda estimates the enterprise value of GICHNER EUROPE LIMITED at £2.3m based on a Turnover of £3.6m and 0.65x industry multiple (adjusted for size and gross margin).
gichner europe limited Estimated Valuation
Pomanda estimates the enterprise value of GICHNER EUROPE LIMITED at £0 based on an EBITDA of £-187.3k and a 4.68x industry multiple (adjusted for size and gross margin).
gichner europe limited Estimated Valuation
Pomanda estimates the enterprise value of GICHNER EUROPE LIMITED at £0 based on Net Assets of £-664.1k and 2.19x industry multiple (adjusted for liquidity).
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Gichner Europe Limited Overview
Gichner Europe Limited is a dissolved company that was located in east sussex, BN3 4AN with a Companies House number of 03767525. It operated in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in May 1999, it's largest shareholder was gichner systems group inc. with a 100% stake. The last turnover for Gichner Europe Limited was estimated at £3.6m.
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Gichner Europe Limited Health Check
Pomanda's financial health check has awarded Gichner Europe Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£7.8m)
- Gichner Europe Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (1.7%)
- Gichner Europe Limited
1.7% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
- Gichner Europe Limited
30.9% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (5.2%)
- Gichner Europe Limited
5.2% - Industry AVG
Employees
with 30 employees, this is below the industry average (71)
- Gichner Europe Limited
71 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
- Gichner Europe Limited
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £120.3k, this is equally as efficient (£120.9k)
- Gichner Europe Limited
£120.9k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (64 days)
- Gichner Europe Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (49 days)
- Gichner Europe Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gichner Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Gichner Europe Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.2%, this is a higher level of debt than the average (51.1%)
156.2% - Gichner Europe Limited
51.1% - Industry AVG
GICHNER EUROPE LIMITED financials
Gichner Europe Limited's latest turnover from December 2016 is estimated at £3.6 million and the company has net assets of -£664.1 thousand. According to their latest financial statements, we estimate that Gichner Europe Limited has 30 employees and maintains cash reserves of £166.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 712,030 | 0 | 0 | 0 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 1,051,673 | 0 | 90,410 | 470,124 | ||||
| Gross Profit | -339,643 | 0 | -90,410 | -470,124 | ||||
| Admin Expenses | 984 | 15,427 | 76,608 | -21,497 | ||||
| Operating Profit | -340,627 | -15,427 | -167,018 | -448,627 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | -340,627 | -15,427 | -167,018 | -448,627 | ||||
| Tax | 0 | 0 | 0 | -162,603 | ||||
| Profit After Tax | -340,627 | -15,427 | -167,018 | -611,230 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -340,627 | -15,427 | -167,018 | -611,230 | ||||
| Employee Costs | 0 | 0 | 0 | |||||
| Number Of Employees | ||||||||
| EBITDA* | -340,627 | -15,427 | -167,018 | -448,627 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 398,471 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 398,471 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 167,726 | 27,269 | 109,845 |
| Trade Debtors | 1,015,041 | 995,455 | 1,666,916 | 1,156,410 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 712,030 | 114,529 | 227,078 | 0 |
| Misc Debtors | 0 | 36,386 | 0 | 0 | 1,352 | 1,290 | 49,375 | 49,522 |
| Cash | 166,143 | 7,990 | 51,506 | 32,450 | 7,621 | 10,008 | 10,958 | 7,466 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,181,184 | 1,039,831 | 1,718,422 | 1,188,860 | 721,003 | 293,553 | 314,680 | 166,833 |
| total assets | 1,181,184 | 1,039,831 | 1,718,422 | 1,188,860 | 721,003 | 293,553 | 314,680 | 565,304 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,557 | 0 | 2,069,984 | 1,381,189 | 2,771 | 2,415 | 17,267 | 0 |
| Group/Directors Accounts | 1,655,811 | 1,446,935 | 0 | 0 | 492,721 | 0 | 0 | 152,598 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 177,866 | 69,897 | 0 | 0 | 428,902 | 153,902 | 144,750 | 93,025 |
| total current liabilities | 1,845,234 | 1,516,832 | 2,069,984 | 1,381,189 | 924,394 | 156,317 | 162,017 | 245,623 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,845,234 | 1,516,832 | 2,069,984 | 1,381,189 | 924,394 | 156,317 | 162,017 | 245,623 |
| net assets | -664,050 | -477,001 | -351,562 | -192,329 | -203,391 | 137,236 | 152,663 | 319,681 |
| total shareholders funds | -664,050 | -477,001 | -351,562 | -192,329 | -203,391 | 137,236 | 152,663 | 319,681 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -340,627 | -15,427 | -167,018 | -448,627 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | -162,603 | ||||
| Stock | 0 | 0 | 0 | 0 | -167,726 | 140,457 | -82,576 | 109,845 |
| Debtors | -16,800 | -635,075 | 510,506 | 443,028 | 597,563 | -160,634 | -171,540 | 447,993 |
| Creditors | 11,557 | -2,069,984 | 688,795 | 1,378,418 | 356 | -14,852 | 17,267 | 0 |
| Accruals and Deferred Income | 107,969 | 69,897 | 0 | -428,902 | 275,000 | 9,152 | 51,725 | 93,025 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -495,108 | -950 | 156,090 | -1,076,043 | ||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 208,876 | 1,446,935 | 0 | -492,721 | 492,721 | 0 | -152,598 | 152,598 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 492,721 | 0 | -152,598 | 1,083,509 | ||||
| cash and cash equivalents | ||||||||
| cash | 158,153 | -43,516 | 19,056 | 24,829 | -2,387 | -950 | 3,492 | 7,466 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 158,153 | -43,516 | 19,056 | 24,829 | -2,387 | -950 | 3,492 | 7,466 |
gichner europe limited Credit Report and Business Information
Gichner Europe Limited Competitor Analysis
Perform a competitor analysis for gichner europe limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gichner europe limited Ownership
GICHNER EUROPE LIMITED group structure
Gichner Europe Limited has no subsidiary companies.
Ultimate parent company
KRATOS DEFENSE & SECURITY SOLUTIONS INC
#0041268
GICHNER SYSTEMS GROUP INC
#0038750
2 parents
GICHNER EUROPE LIMITED
03767525
gichner europe limited directors
Gichner Europe Limited currently has 2 directors. The longest serving directors include Mr William Wilson (Dec 2003) and Mr Thomas Mills (Dec 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Wilson | United States | 56 years | Dec 2003 | - | Director |
| Mr Thomas Mills | United States | 64 years | Dec 2004 | - | Director |
P&L
December 2016turnover
3.6m
-37%
operating profit
-187.3k
0%
gross margin
30.9%
+0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-664.1k
+0.39%
total assets
1.2m
+0.14%
cash
166.1k
+19.79%
net assets
Total assets minus all liabilities
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gichner europe limited company details
company number
03767525
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
May 1999
age
25
accounts
Small Company
ultimate parent company
previous names
gichner (uk) limited (December 2005)
incorporated
UK
address
1st floor 16-17 boundary road, hove, east sussex, BN3 4AN
last accounts submitted
December 2016
gichner europe 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 gichner europe limited.
gichner europe limited Companies House Filings - See Documents
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