gateway electronic components limited Company Information
Company Number
03982796
Next Accounts
Apr 2026
Shareholders
geoffrey michael thomas howe
michelle ann ford
View AllGroup Structure
View All
Industry
Wholesale of electronic and telecommunications equipment and parts
Registered Address
hedera road, 2 ravensbank business park, redditch, B98 9EY
Website
www.gatewaycando.comgateway electronic components limited Estimated Valuation
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
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
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
3 Strong
5 Regular
4 Weak
Size
annual sales of £4.6m, make it smaller than the average company (£16.2m)
- Gateway Electronic Components Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.1%)
- Gateway Electronic Components Limited
9.1% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Gateway Electronic Components Limited
25.2% - Industry AVG
Profitability
an operating margin of 3.8% make it as profitable than the average company (4.3%)
- Gateway Electronic Components Limited
4.3% - Industry AVG
Employees
with 22 employees, this is below the industry average (33)
22 - Gateway Electronic Components Limited
33 - Industry AVG
Pay Structure
on an average salary of £54.3k, the company has an equivalent pay structure (£54.3k)
- Gateway Electronic Components Limited
£54.3k - Industry AVG
Efficiency
resulting in sales per employee of £208.5k, this is less efficient (£464.7k)
- Gateway Electronic Components Limited
£464.7k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (56 days)
- Gateway Electronic Components Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is close to average (31 days)
- Gateway Electronic Components Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is in line with average (64 days)
- Gateway Electronic Components Limited
64 days - Industry AVG
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
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
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 House, Pomanda Estimates
Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 3,858,844 | 3,670,794 | ||||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||||
Cost Of Sales | 2,460,046 | 2,392,484 | ||||||||||||||
Gross Profit | 1,398,798 | 1,278,310 | ||||||||||||||
Admin Expenses | 1,162,249 | 903,913 | ||||||||||||||
Operating Profit | 236,549 | 374,397 | ||||||||||||||
Interest Payable | 0 | 0 | ||||||||||||||
Interest Receivable | 22,729 | 20,599 | ||||||||||||||
Pre-Tax Profit | 259,278 | 394,996 | ||||||||||||||
Tax | -136,038 | -19,158 | ||||||||||||||
Profit After Tax | 123,240 | 375,838 | ||||||||||||||
Dividends Paid | 61,990 | 71,490 | ||||||||||||||
Retained Profit | 61,250 | 304,348 | ||||||||||||||
Employee Costs | ||||||||||||||||
Number Of Employees | 22 | 25 | 23 | 21 | 19 | 20 | 20 | 15 | 15 | |||||||
EBITDA* | 304,401 | 410,020 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 327,887 | 331,298 | 251,074 | 110,786 | 101,515 | 121,052 | 125,457 | 79,477 | 51,623 | 33,549 | 29,117 | 36,621 | 44,821 | 48,943 | 58,063 | 68,826 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 327,887 | 331,298 | 251,074 | 110,786 | 101,515 | 121,052 | 125,457 | 79,477 | 51,623 | 33,549 | 29,117 | 36,621 | 44,821 | 48,943 | 58,063 | 68,826 |
Stock & work in progress | 690,537 | 660,133 | 758,066 | 553,549 | 603,312 | 653,433 | 515,606 | 374,947 | 260,301 | 307,962 | 318,061 | 305,252 | 202,344 | 278,236 | 289,369 | 248,141 |
Trade Debtors | 482,454 | 531,213 | 469,938 | 415,473 | 383,130 | 418,358 | 526,867 | 423,494 | 348,911 | 360,304 | 334,599 | 404,042 | 376,562 | 402,483 | 644,384 | 539,728 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 208,477 | 392,749 | 300,291 | 51,951 | 35,593 | 20,931 | 6,550 | 24,165 | 27,663 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 606,266 | 337,137 | 311,919 | 553,107 | 373,907 | 287,392 | 239,896 | 198,630 | 255,983 | 524,453 | 474,020 | 621,499 | 771,707 | 805,332 | 631,045 | 598,710 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,987,734 | 1,921,232 | 1,840,214 | 1,574,080 | 1,395,942 | 1,380,114 | 1,288,919 | 1,021,236 | 892,858 | 1,192,719 | 1,126,680 | 1,330,793 | 1,350,613 | 1,486,051 | 1,564,798 | 1,386,579 |
total assets | 2,315,621 | 2,252,530 | 2,091,288 | 1,684,866 | 1,497,457 | 1,501,166 | 1,414,376 | 1,100,713 | 944,481 | 1,226,268 | 1,155,797 | 1,367,414 | 1,395,434 | 1,534,994 | 1,622,861 | 1,455,405 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
Trade Creditors | 272,967 | 347,351 | 469,314 | 424,491 | 268,499 | 313,471 | 428,703 | 281,813 | 173,262 | 326,086 | 244,233 | 409,165 | 368,234 | 445,779 | 585,705 | 470,469 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,778 | 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 | 0 |
hp & lease commitments | 30,666 | 30,666 | 7,656 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 207,481 | 165,649 | 118,856 | 102,340 | 139,174 | 196,297 | 141,058 | 99,025 | 73,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 511,114 | 543,666 | 595,826 | 526,831 | 407,673 | 509,768 | 569,761 | 380,838 | 246,803 | 328,864 | 244,233 | 409,165 | 368,234 | 445,779 | 585,705 | 470,469 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 64,790 | 100,956 | 28,081 | 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 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 121,972 | 122,825 | 43,549 | 38,549 | 33,549 | 28,549 | 23,549 | 16,610 | 16,324 | 16,038 | 15,685 | 16,505 | 17,169 | 16,985 | 18,514 | 19,855 |
total long term liabilities | 186,762 | 223,781 | 71,630 | 38,549 | 33,549 | 28,549 | 23,549 | 16,610 | 16,324 | 16,038 | 15,685 | 16,505 | 17,169 | 16,985 | 18,514 | 19,855 |
total liabilities | 697,876 | 767,447 | 667,456 | 565,380 | 441,222 | 538,317 | 593,310 | 397,448 | 263,127 | 344,902 | 259,918 | 425,670 | 385,403 | 462,764 | 604,219 | 490,324 |
net assets | 1,617,745 | 1,485,083 | 1,423,832 | 1,119,486 | 1,056,235 | 962,849 | 821,066 | 703,265 | 681,354 | 881,366 | 895,879 | 941,744 | 1,010,031 | 1,072,230 | 1,018,642 | 965,081 |
total shareholders funds | 1,617,745 | 1,485,083 | 1,423,832 | 1,119,486 | 1,056,235 | 962,849 | 821,066 | 703,265 | 681,354 | 881,366 | 895,879 | 941,744 | 1,010,031 | 1,072,230 | 1,018,642 | 965,081 |
Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | 236,549 | 374,397 | ||||||||||||||
Depreciation | 67,029 | 67,852 | 35,623 | 22,784 | 23,347 | 25,605 | 24,202 | 13,122 | 10,130 | 8,623 | 7,909 | 10,359 | 12,891 | 14,143 | 17,992 | 15,090 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -136,038 | -19,158 | ||||||||||||||
Stock | 30,404 | -97,933 | 204,517 | -49,763 | -50,121 | 137,827 | 140,659 | 114,646 | -47,661 | -10,099 | 12,809 | 102,908 | -75,892 | -11,133 | 41,228 | 248,141 |
Debtors | -233,031 | 153,733 | 302,805 | 48,701 | -20,566 | -94,128 | 85,758 | 71,085 | 16,270 | 25,705 | -69,443 | 27,480 | -25,921 | -241,901 | 104,656 | 539,728 |
Creditors | -74,384 | -121,963 | 44,823 | 155,992 | -44,972 | -115,232 | 146,890 | 108,551 | -152,824 | 81,853 | -164,932 | 40,931 | -77,545 | -139,926 | 115,236 | 470,469 |
Accruals and Deferred Income | 41,832 | 46,793 | 16,516 | -36,834 | -57,123 | 55,239 | 42,033 | 25,484 | 73,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -853 | 79,276 | 5,000 | 5,000 | 5,000 | 5,000 | 6,939 | 286 | 286 | 353 | -820 | -664 | 184 | -1,529 | -1,341 | 19,855 |
Cash flow from operations | 116,669 | -50,121 | ||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,778 | 2,778 | 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 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -36,166 | 95,885 | 35,737 | 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 | 0 | 0 |
share issue | ||||||||||||||||
interest | 22,729 | 20,599 | ||||||||||||||
cash flow from financing | 118,615 | 56,334 | ||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | 269,129 | 25,218 | -241,188 | 179,200 | 86,515 | 47,496 | 41,266 | -57,353 | -268,470 | 50,433 | -147,479 | -150,208 | -33,625 | 174,287 | 32,335 | 598,710 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 269,129 | 25,218 | -241,188 | 179,200 | 86,515 | 47,496 | 41,266 | -57,353 | -268,470 | 50,433 | -147,479 | -150,208 | -33,625 | 174,287 | 32,335 | 598,710 |
gateway electronic components limited Credit Report and Business Information
Gateway Electronic Components Limited Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gary Marsh | England | 58 years | Oct 2024 | - | Director |
Mr Peter James | England | 45 years | Oct 2024 | - | Director |
Mr John MacMichael | England | 63 years | Oct 2024 | - | Director |
P&L
July 2024turnover
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 2024net 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
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
date | description | view/download |
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