gateway electronic components limited

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gateway electronic components limited Company Information

Share GATEWAY ELECTRONIC COMPONENTS LIMITED

Company Number

03982796

Directors

Gary Marsh

Peter James

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Shareholders

geoffrey michael thomas howe

michelle ann ford

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Group Structure

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Industry

Wholesale of electronic and telecommunications equipment and parts

 

Registered Address

hedera road, 2 ravensbank business park, redditch, B98 9EY

gateway electronic components limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of GATEWAY ELECTRONIC COMPONENTS LIMITED at £1.7m based on a Turnover of £4.6m and 0.36x industry multiple (adjusted for size and gross margin).

gateway electronic components limited Estimated Valuation

£919.1k

Pomanda estimates the enterprise value of GATEWAY ELECTRONIC COMPONENTS LIMITED at £919.1k based on an EBITDA of £241.1k and a 3.81x industry multiple (adjusted for size and gross margin).

gateway electronic components limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of GATEWAY ELECTRONIC COMPONENTS LIMITED at £3m based on Net Assets of £1.6m and 1.85x industry multiple (adjusted for liquidity).

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Gateway Electronic Components Limited Overview

Gateway Electronic Components Limited is a live company located in redditch, B98 9EY with a Companies House number of 03982796. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in April 2000, it's largest shareholder is geoffrey michael thomas howe with a 81.4% stake. Gateway Electronic Components Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with healthy growth in recent years.

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Gateway Electronic Components Limited Health Check

Pomanda's financial health check has awarded Gateway Electronic Components Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £4.6m, make it smaller than the average company (£16.2m)

£4.6m - Gateway Electronic Components Limited

£16.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.1%)

6% - Gateway Electronic Components Limited

9.1% - Industry AVG

production

Production

with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)

25.2% - Gateway Electronic Components Limited

25.2% - Industry AVG

profitability

Profitability

an operating margin of 3.8% make it as profitable than the average company (4.3%)

3.8% - Gateway Electronic Components Limited

4.3% - Industry AVG

employees

Employees

with 22 employees, this is below the industry average (33)

22 - Gateway Electronic Components Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.3k, the company has an equivalent pay structure (£54.3k)

£54.3k - Gateway Electronic Components Limited

£54.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £208.5k, this is less efficient (£464.7k)

£208.5k - Gateway Electronic Components Limited

£464.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is earlier than average (56 days)

38 days - Gateway Electronic Components Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is close to average (31 days)

29 days - Gateway Electronic Components Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 73 days, this is in line with average (64 days)

73 days - Gateway Electronic Components Limited

64 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (14 weeks)

61 weeks - Gateway Electronic Components Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.1%, this is a lower level of debt than the average (53.3%)

30.1% - Gateway Electronic Components Limited

53.3% - Industry AVG

GATEWAY ELECTRONIC COMPONENTS LIMITED financials

EXPORTms excel logo

Gateway Electronic Components Limited's latest turnover from July 2024 is estimated at £4.6 million and the company has net assets of £1.6 million. According to their latest financial statements, Gateway Electronic Components Limited has 22 employees and maintains cash reserves of £606.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover4,586,2403,858,8443,670,7943,827,0363,360,2923,654,6234,034,7462,913,0162,514,9532,220,1941,907,1792,552,2342,107,3772,363,2193,575,0440
Other Income Or Grants0000000000000000
Cost Of Sales3,431,6372,460,0462,392,4842,898,3472,501,4122,708,2923,055,5282,220,0861,887,0051,655,6341,449,4611,920,8631,574,5451,772,5502,658,3210
Gross Profit1,154,6031,398,7981,278,310928,689858,880946,332979,218692,929627,948564,560457,718631,371532,832590,670916,7230
Admin Expenses980,4851,162,249903,913851,065743,919773,269834,881666,447829,911581,569506,322703,141598,974521,845845,407-1,256,949
Operating Profit174,118236,549374,39777,624114,961173,063144,33726,482-201,963-17,009-48,604-71,770-66,14268,82571,3161,256,949
Interest Payable0000000000000000
Interest Receivable24,76422,72920,5994643311,9771,0965681,9512,4962,7393,4833,9433,5913,0741,497
Pre-Tax Profit198,883259,278394,99678,088115,291175,041145,43327,051-200,012-14,513-45,865-68,287-62,19972,41674,3901,258,446
Tax-49,721-136,038-19,158-14,837-21,905-33,258-27,632-5,14000000-18,828-20,829-352,365
Profit After Tax149,162123,240375,83863,25193,386141,783117,80121,911-200,012-14,513-45,865-68,287-62,19953,58853,561906,081
Dividends Paid061,99071,4900000000000000
Retained Profit149,16261,250304,34863,25193,386141,783117,80121,911-200,012-14,513-45,865-68,287-62,19953,58853,561906,081
Employee Costs1,195,2341,397,9111,232,4291,061,181923,692989,636969,138681,475662,344313,798253,197338,489298,340284,247475,2990
Number Of Employees22252321192020151576877120
EBITDA*241,147304,401410,020100,408138,308198,668168,53939,604-191,833-8,386-40,695-61,411-53,25182,96889,3081,272,039

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets327,887331,298251,074110,786101,515121,052125,45779,47751,62333,54929,11736,62144,82148,94358,06368,826
Intangible Assets0000000000000000
Investments & Other0000000000000000
Debtors (Due After 1 year)0000000000000000
Total Fixed Assets327,887331,298251,074110,786101,515121,052125,45779,47751,62333,54929,11736,62144,82148,94358,06368,826
Stock & work in progress690,537660,133758,066553,549603,312653,433515,606374,947260,301307,962318,061305,252202,344278,236289,369248,141
Trade Debtors482,454531,213469,938415,473383,130418,358526,867423,494348,911360,304334,599404,042376,562402,483644,384539,728
Group Debtors0000000000000000
Misc Debtors208,477392,749300,29151,95135,59320,9316,55024,16527,6630000000
Cash606,266337,137311,919553,107373,907287,392239,896198,630255,983524,453474,020621,499771,707805,332631,045598,710
misc current assets0000000000000000
total current assets1,987,7341,921,2321,840,2141,574,0801,395,9421,380,1141,288,9191,021,236892,8581,192,7191,126,6801,330,7931,350,6131,486,0511,564,7981,386,579
total assets2,315,6212,252,5302,091,2881,684,8661,497,4571,501,1661,414,3761,100,713944,4811,226,2681,155,7971,367,4141,395,4341,534,9941,622,8611,455,405
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 272,967347,351469,314424,491268,499313,471428,703281,813173,262326,086244,233409,165368,234445,779585,705470,469
Group/Directors Accounts0000000002,778000000
other short term finances0000000000000000
hp & lease commitments30,66630,6667,6560000000000000
other current liabilities207,481165,649118,856102,340139,174196,297141,05899,02573,5410000000
total current liabilities511,114543,666595,826526,831407,673509,768569,761380,838246,803328,864244,233409,165368,234445,779585,705470,469
loans0000000000000000
hp & lease commitments64,790100,95628,0810000000000000
Accruals and Deferred Income0000000000000000
other liabilities0000000000000000
provisions121,972122,82543,54938,54933,54928,54923,54916,61016,32416,03815,68516,50517,16916,98518,51419,855
total long term liabilities186,762223,78171,63038,54933,54928,54923,54916,61016,32416,03815,68516,50517,16916,98518,51419,855
total liabilities697,876767,447667,456565,380441,222538,317593,310397,448263,127344,902259,918425,670385,403462,764604,219490,324
net assets1,617,7451,485,0831,423,8321,119,4861,056,235962,849821,066703,265681,354881,366895,879941,7441,010,0311,072,2301,018,642965,081
total shareholders funds1,617,7451,485,0831,423,8321,119,4861,056,235962,849821,066703,265681,354881,366895,879941,7441,010,0311,072,2301,018,642965,081
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit174,118236,549374,39777,624114,961173,063144,33726,482-201,963-17,009-48,604-71,770-66,14268,82571,3161,256,949
Depreciation67,02967,85235,62322,78423,34725,60524,20213,12210,1308,6237,90910,35912,89114,14317,99215,090
Amortisation0000000000000000
Tax-49,721-136,038-19,158-14,837-21,905-33,258-27,632-5,14000000-18,828-20,829-352,365
Stock30,404-97,933204,517-49,763-50,121137,827140,659114,646-47,661-10,09912,809102,908-75,892-11,13341,228248,141
Debtors-233,031153,733302,80548,701-20,566-94,12885,75871,08516,27025,705-69,44327,480-25,921-241,901104,656539,728
Creditors-74,384-121,96344,823155,992-44,972-115,232146,890108,551-152,82481,853-164,93240,931-77,545-139,926115,236470,469
Accruals and Deferred Income41,83246,79316,516-36,834-57,12355,23942,03325,48473,5410000000
Deferred Taxes & Provisions-85379,2765,0005,0005,0005,0006,939286286353-820-664184-1,529-1,34119,855
Cash flow from operations360,648116,669-50,121210,79189,99566,718110,352-16,946-239,43958,214-149,813-151,532-28,799175,71936,490622,129
Investing Activities
capital expenditure-63,618-148,076-175,911-32,055-3,810-21,200-70,182-40,976-28,204-13,055-405-2,159-8,769-5,023-7,229-83,916
Change in Investments0000000000000000
cash flow from investments-63,618-148,076-175,911-32,055-3,810-21,200-70,182-40,976-28,204-13,055-405-2,159-8,769-5,023-7,229-83,916
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts00000000-2,7782,778000000
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments-36,16695,88535,7370000000000000
other long term liabilities0000000000000000
share issue-16,5001-200000000000059,000
interest24,76422,72920,5994643311,9771,0965681,9512,4962,7393,4833,9433,5913,0741,497
cash flow from financing-27,902118,61556,3344643311,9771,096568-8275,2742,7393,4833,9433,5913,07460,497
cash and cash equivalents
cash269,12925,218-241,188179,20086,51547,49641,266-57,353-268,47050,433-147,479-150,208-33,625174,28732,335598,710
overdraft0000000000000000
change in cash269,12925,218-241,188179,20086,51547,49641,266-57,353-268,47050,433-147,479-150,208-33,625174,28732,335598,710

gateway electronic components limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gateway Electronic Components Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gateway electronic components limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B98 area or any other competitors across 12 key performance metrics.

gateway electronic components limited Ownership

GATEWAY ELECTRONIC COMPONENTS LIMITED group structure

Gateway Electronic Components Limited has no subsidiary companies.

Ultimate parent company

GATEWAY ELECTRONIC COMPONENTS LIMITED

03982796

GATEWAY ELECTRONIC COMPONENTS LIMITED Shareholders

geoffrey michael thomas howe 81.4%
michelle ann ford 9.3%
martin patrick webber ford 9.3%

gateway electronic components limited directors

Gateway Electronic Components Limited currently has 3 directors. The longest serving directors include Mr Gary Marsh (Oct 2024) and Mr Peter James (Oct 2024).

officercountryagestartendrole
Mr Gary MarshEngland58 years Oct 2024- Director
Mr Peter JamesEngland45 years Oct 2024- Director
Mr John MacMichaelEngland63 years Oct 2024- Director

P&L

July 2024

turnover

4.6m

+19%

operating profit

174.1k

0%

gross margin

25.2%

-30.55%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

1.6m

+0.09%

total assets

2.3m

+0.03%

cash

606.3k

+0.8%

net assets

Total assets minus all liabilities

gateway electronic components limited company details

company number

03982796

Type

Private limited with Share Capital

industry

46520 - Wholesale of electronic and telecommunications equipment and parts

incorporation date

April 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

-

address

hedera road, 2 ravensbank business park, redditch, B98 9EY

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

gateway electronic components 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 gateway electronic components limited.

gateway electronic components 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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gateway electronic components limited Companies House Filings - See Documents

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