g t lifting solutions limited Company Information
Company Number
04575148
Next Accounts
Jul 2025
Shareholders
gt lifting group limited
Group Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Registered Address
the business park, maydwell avenue, horsham, RH13 0AS
Website
www.gtlift.co.ukg t lifting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of G T LIFTING SOLUTIONS LIMITED at £9.9m based on a Turnover of £14.1m and 0.7x industry multiple (adjusted for size and gross margin).
g t lifting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of G T LIFTING SOLUTIONS LIMITED at £17.6m based on an EBITDA of £4.8m and a 3.71x industry multiple (adjusted for size and gross margin).
g t lifting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of G T LIFTING SOLUTIONS LIMITED at £14.9m based on Net Assets of £6.7m and 2.21x industry multiple (adjusted for liquidity).
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G T Lifting Solutions Limited Overview
G T Lifting Solutions Limited is a live company located in horsham, RH13 0AS with a Companies House number of 04575148. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in October 2002, it's largest shareholder is gt lifting group limited with a 100% stake. G T Lifting Solutions Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.1m with rapid growth in recent years.
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G T Lifting Solutions Limited Health Check
Pomanda's financial health check has awarded G T Lifting Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
2 Weak
Size
annual sales of £14.1m, make it in line with the average company (£12.5m)
- G T Lifting Solutions Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (8%)
- G T Lifting Solutions Limited
8% - Industry AVG
Production
with a gross margin of 34.4%, this company has a comparable cost of product (34.4%)
- G T Lifting Solutions Limited
34.4% - Industry AVG
Profitability
an operating margin of 11.1% make it as profitable than the average company (12.1%)
- G T Lifting Solutions Limited
12.1% - Industry AVG
Employees
with 29 employees, this is below the industry average (60)
29 - G T Lifting Solutions Limited
60 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£43.8k)
- G T Lifting Solutions Limited
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £484.6k, this is more efficient (£221.5k)
- G T Lifting Solutions Limited
£221.5k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (58 days)
- G T Lifting Solutions Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 218 days, this is slower than average (49 days)
- G T Lifting Solutions Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (11 days)
- G T Lifting Solutions Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (11 weeks)
15 weeks - G T Lifting Solutions Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (56.3%)
75.1% - G T Lifting Solutions Limited
56.3% - Industry AVG
G T LIFTING SOLUTIONS LIMITED financials
G T Lifting Solutions Limited's latest turnover from October 2023 is estimated at £14.1 million and the company has net assets of £6.7 million. According to their latest financial statements, G T Lifting Solutions Limited has 29 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | 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 | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 29 | 25 | 33 | 28 | 26 | 24 | 21 | 14 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | 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 | 18,384,008 | 11,676,522 | 8,502,206 | 7,262,781 | 7,040,143 | 6,779,608 | 4,909,844 | 4,445,395 | 2,690,599 | 2,657,125 | 2,448,814 | 2,214,565 | 1,834,364 | 1,789,863 | 1,434,528 |
Intangible Assets | 10,203 | 5,720 | 5,120 | 6,560 | 2,400 | 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 | 18,394,211 | 11,682,242 | 8,507,326 | 7,269,341 | 7,042,543 | 6,779,608 | 4,909,844 | 4,445,395 | 2,690,599 | 2,657,125 | 2,448,814 | 2,214,565 | 1,834,364 | 1,789,863 | 1,434,528 |
Stock & work in progress | 221,543 | 369,645 | 75,774 | 67,354 | 110,672 | 115,543 | 85,719 | 53,678 | 79,411 | 53,390 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,437,881 | 2,118,286 | 1,167,393 | 967,803 | 1,130,283 | 1,227,078 | 892,047 | 622,230 | 759,191 | 594,536 | 640,071 | 640,057 | 512,166 | 402,949 | 349,038 |
Group Debtors | 2,359,443 | 875,786 | 616 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 724,756 | 633,329 | 48,228 | 66,355 | 369,655 | 52,960 | 33,287 | 314,799 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 2,917,635 | 1,364,780 | 1,314,875 | 1,745,928 | 1,412,724 | 929,103 | 671,085 | 337,168 | 678,185 | 506,889 | 141,987 | 226 | 17,481 | 69,221 | 47,106 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 8,661,258 | 5,361,826 | 2,606,886 | 2,847,440 | 3,023,334 | 2,324,684 | 1,682,138 | 1,327,875 | 1,516,787 | 1,154,815 | 782,058 | 640,283 | 529,647 | 472,170 | 396,144 |
total assets | 27,055,469 | 17,044,068 | 11,114,212 | 10,116,781 | 10,065,877 | 9,104,292 | 6,591,982 | 5,773,270 | 4,207,386 | 3,811,940 | 3,230,872 | 2,854,848 | 2,364,011 | 2,262,033 | 1,830,672 |
Bank overdraft | 0 | 0 | 67,970 | 66,086 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 31,377 | 30,358 | 35,039 | 374,090 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 5,517,056 | 1,889,907 | 993,425 | 1,201,823 | 602,022 | 1,748,171 | 452,069 | 166,974 | 1,034,100 | 957,610 | 934,589 | 922,319 | 868,548 | 764,427 | 526,998 |
Group/Directors Accounts | 0 | 169,320 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 905,446 | 712,721 | 615,238 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 4,165,173 | 2,891,525 | 1,460,618 | 1,237,220 | 1,481,559 | 357,307 | 370,135 | 311,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 9,682,229 | 4,950,752 | 2,522,013 | 2,505,129 | 2,114,958 | 3,041,282 | 1,569,964 | 1,467,671 | 1,034,100 | 957,610 | 934,589 | 922,319 | 868,548 | 764,427 | 526,998 |
loans | 0 | 0 | 976,828 | 1,266,813 | 1,064,798 | 1,095,971 | 1,125,341 | 1,160,380 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 2,511,804 | 1,524,974 | 1,098,203 | 818,873 | 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 |
other liabilities | 9,151,802 | 5,471,307 | 2,234,420 | 1,691,664 | 0 | 0 | 0 | 0 | 853,499 | 793,417 | 758,104 | 801,631 | 648,324 | 843,585 | 730,094 |
provisions | 1,472,000 | 1,124,000 | 665,600 | 554,400 | 459,148 | 254,931 | 209,175 | 219,435 | 246,000 | 215,000 | 180,000 | 168,600 | 162,700 | 145,700 | 121,150 |
total long term liabilities | 10,623,802 | 6,595,307 | 3,876,848 | 3,512,877 | 4,035,750 | 2,875,876 | 2,432,719 | 2,198,688 | 1,099,499 | 1,008,417 | 938,104 | 970,231 | 811,024 | 989,285 | 851,244 |
total liabilities | 20,306,031 | 11,546,059 | 6,398,861 | 6,018,006 | 6,150,708 | 5,917,158 | 4,002,683 | 3,666,359 | 2,133,599 | 1,966,027 | 1,872,693 | 1,892,550 | 1,679,572 | 1,753,712 | 1,378,242 |
net assets | 6,749,438 | 5,498,009 | 4,715,351 | 4,098,775 | 3,915,169 | 3,187,134 | 2,589,299 | 2,106,911 | 2,073,787 | 1,845,913 | 1,358,179 | 962,298 | 684,439 | 508,321 | 452,430 |
total shareholders funds | 6,749,438 | 5,498,009 | 4,715,351 | 4,098,775 | 3,915,169 | 3,187,134 | 2,589,299 | 2,106,911 | 2,073,787 | 1,845,913 | 1,358,179 | 962,298 | 684,439 | 508,321 | 452,430 |
Oct 2023 | 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 | |||||||||||||||
Depreciation | 3,198,154 | 2,216,214 | 1,645,887 | 1,411,181 | 1,385,047 | 1,109,826 | 917,500 | 780,829 | 684,179 | 603,791 | 511,199 | 443,712 | 438,367 | 416,425 | 315,568 |
Amortisation | 2,141 | 1,800 | 1,440 | 640 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -148,102 | 293,871 | 8,420 | -43,318 | -4,871 | 29,824 | 32,041 | -25,733 | 26,021 | 53,390 | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,894,679 | 2,411,164 | 182,079 | -465,780 | 219,900 | 354,704 | -11,695 | 177,838 | 164,655 | -45,535 | 14 | 127,891 | 109,217 | 53,911 | 349,038 |
Creditors | 3,627,149 | 896,482 | -208,398 | 599,801 | -1,146,149 | 1,296,102 | 285,095 | -867,126 | 76,490 | 23,021 | 12,270 | 53,771 | 104,121 | 237,429 | 526,998 |
Accruals and Deferred Income | 1,273,648 | 1,430,907 | 223,398 | -244,339 | 1,124,252 | -12,828 | 58,766 | 311,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 348,000 | 458,400 | 111,200 | 95,252 | 204,217 | 45,756 | -10,260 | -26,565 | 31,000 | 35,000 | 11,400 | 5,900 | 17,000 | 24,550 | 121,150 |
Cash flow from operations | |||||||||||||||
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 | -31,377 | 1,019 | -4,681 | -339,051 | 374,090 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -169,320 | 169,320 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | -976,828 | -289,985 | 202,015 | -31,173 | -29,370 | -35,039 | 1,160,380 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | -2,511,804 | 81,384 | 619,496 | 376,813 | 1,434,111 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 3,680,495 | 3,236,887 | 542,756 | 1,691,664 | 0 | 0 | 0 | -853,499 | 60,082 | 35,313 | -43,527 | 153,307 | -195,261 | 113,491 | 730,094 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 1,552,855 | 49,905 | -431,053 | 333,204 | 483,621 | 258,018 | 333,917 | -341,017 | 171,296 | 364,902 | 141,761 | -17,255 | -51,740 | 22,115 | 47,106 |
overdraft | 0 | -67,970 | 1,884 | 66,086 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 1,552,855 | 117,875 | -432,937 | 267,118 | 483,621 | 258,018 | 333,917 | -341,017 | 171,296 | 364,902 | 141,761 | -17,255 | -51,740 | 22,115 | 47,106 |
g t lifting solutions limited Credit Report and Business Information
G T Lifting Solutions Limited Competitor Analysis
Perform a competitor analysis for g t lifting solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in RH13 area or any other competitors across 12 key performance metrics.
g t lifting solutions limited Ownership
G T LIFTING SOLUTIONS LIMITED group structure
G T Lifting Solutions Limited has no subsidiary companies.
Ultimate parent company
1 parent
G T LIFTING SOLUTIONS LIMITED
04575148
g t lifting solutions limited directors
G T Lifting Solutions Limited currently has 5 directors. The longest serving directors include Mr Graham Trundell (Oct 2002) and Ms Alison Trundell (Oct 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Graham Trundell | England | 71 years | Oct 2002 | - | Director |
Ms Alison Trundell | England | 69 years | Oct 2009 | - | Director |
Mr Keir Trundell | England | 42 years | May 2017 | - | Director |
Mr Joseph Rodgers | England | 37 years | Jun 2020 | - | Director |
Mrs Caroline Appleton | England | 51 years | Jan 2021 | - | Director |
P&L
October 2023turnover
14.1m
+49%
operating profit
1.6m
0%
gross margin
34.4%
-1.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
6.7m
+0.23%
total assets
27.1m
+0.59%
cash
2.9m
+1.14%
net assets
Total assets minus all liabilities
g t lifting solutions limited company details
company number
04575148
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
October 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
g t plant hire limited (August 2008)
accountant
CARPENTER BOX
auditor
-
address
the business park, maydwell avenue, horsham, RH13 0AS
Bank
-
Legal Advisor
-
g t lifting solutions 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 2 charges/mortgages relating to g t lifting solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
g t lifting solutions 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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g t lifting solutions limited Companies House Filings - See Documents
date | description | view/download |
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