gem worldwide ltd
gem worldwide ltd Company Information
Company Number
04639866
Website
www.gemworldwide.comRegistered Address
gill house 140 holyhead road, birmingham, west midlands, B21 0AF
Industry
Other transportation support activities
Other personal service activities n.e.c.
Telephone
01753681500
Next Accounts Due
1263 days late
Group Structure
View All
Directors
Zora Smoker21 Years
Shareholders
michael drewe 50%
zora jane smoker 50%
gem worldwide ltd Estimated Valuation
Pomanda estimates the enterprise value of GEM WORLDWIDE LTD at £3m based on a Turnover of £4.4m and 0.68x industry multiple (adjusted for size and gross margin).
gem worldwide ltd Estimated Valuation
Pomanda estimates the enterprise value of GEM WORLDWIDE LTD at £0 based on an EBITDA of £-116.8k and a 4.56x industry multiple (adjusted for size and gross margin).
gem worldwide ltd Estimated Valuation
Pomanda estimates the enterprise value of GEM WORLDWIDE LTD at £0 based on Net Assets of £-45.8k and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gem Worldwide Ltd Overview
Gem Worldwide Ltd is a live company located in west midlands, B21 0AF with a Companies House number of 04639866. It operates in the other transportation support activities sector, SIC Code 52290. Founded in January 2003, it's largest shareholder is michael drewe with a 50% stake. Gem Worldwide Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.4m with healthy growth in recent years.
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Gem Worldwide Ltd Health Check
Pomanda's financial health check has awarded Gem Worldwide Ltd a 3 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
4 Regular
4 Weak
Size
annual sales of £4.4m, make it in line with the average company (£3.7m)
- Gem Worldwide Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.1%)
- Gem Worldwide Ltd
4.1% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (31.4%)
- Gem Worldwide Ltd
31.4% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (4.7%)
- Gem Worldwide Ltd
4.7% - Industry AVG
Employees
with 21 employees, this is similar to the industry average (26)
21 - Gem Worldwide Ltd
26 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
- Gem Worldwide Ltd
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £209.4k, this is more efficient (£159.5k)
- Gem Worldwide Ltd
£159.5k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (41 days)
- Gem Worldwide Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (40 days)
- Gem Worldwide Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gem Worldwide Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Gem Worldwide Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.9%, this is a higher level of debt than the average (59.6%)
105.9% - Gem Worldwide Ltd
59.6% - Industry AVG
GEM WORLDWIDE LTD financials
Gem Worldwide Ltd's latest turnover from December 2018 is estimated at £4.4 million and the company has net assets of -£45.8 thousand. According to their latest financial statements, Gem Worldwide Ltd has 21 employees and maintains cash reserves of £10.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,089,777 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 1,911,796 | |||||||||
| Gross Profit | 1,177,981 | |||||||||
| Admin Expenses | 1,071,874 | |||||||||
| Operating Profit | 106,107 | |||||||||
| Interest Payable | 31 | |||||||||
| Interest Receivable | 25 | |||||||||
| Pre-Tax Profit | 106,101 | |||||||||
| Tax | -25,148 | |||||||||
| Profit After Tax | 80,953 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | 80,953 | |||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 21 | 33 | 30 | 24 | ||||||
| EBITDA* | 129,740 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,892 | 10,534 | 11,633 | 27,124 | 48,017 | 84,334 | 111,911 | 72,725 | 41,607 | 61,409 |
| Intangible Assets | 0 | 729 | 2,785 | 8,294 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 8,892 | 11,263 | 14,418 | 35,418 | 48,017 | 84,334 | 111,911 | 72,725 | 41,607 | 61,409 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 652,010 | 560,736 | 579,922 | 441,902 | 591,906 | 434,234 | 426,308 | 400,816 | 437,643 | 239,592 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 102,567 | 253,922 | 110,811 | 116,104 | 0 | 0 | 0 | 0 | 0 | 114,989 |
| Cash | 10,337 | 98,018 | 257,201 | 92,044 | 77,904 | 205,997 | 321,826 | 380,249 | 172,426 | 177,964 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 764,914 | 912,676 | 947,934 | 650,050 | 669,810 | 640,231 | 748,134 | 781,065 | 610,069 | 532,545 |
| total assets | 773,806 | 923,939 | 962,352 | 685,468 | 717,827 | 724,565 | 860,045 | 853,790 | 651,676 | 593,954 |
| Bank overdraft | 127,382 | 197,724 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 563,292 | 492,016 | 676,378 | 417,906 | 549,378 | 407,508 | 451,312 | 451,065 | 350,078 | 244,061 |
| Group/Directors Accounts | 0 | 0 | 0 | 7,399 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 37,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,800 |
| other current liabilities | 91,709 | 145,938 | 196,821 | 125,694 | 0 | 0 | 0 | 0 | 0 | 89,696 |
| total current liabilities | 819,651 | 835,678 | 873,199 | 550,999 | 549,378 | 407,508 | 451,312 | 451,065 | 350,078 | 342,557 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,500 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 9,016 | 8,500 | 17,000 | 0 |
| provisions | 0 | 1,627 | 1,627 | 1,627 | 3,416 | 8,737 | 12,468 | 10,507 | 2,886 | 5,835 |
| total long term liabilities | 0 | 1,627 | 1,627 | 1,627 | 3,416 | 8,737 | 21,484 | 19,007 | 19,886 | 31,335 |
| total liabilities | 819,651 | 837,305 | 874,826 | 552,626 | 552,794 | 416,245 | 472,796 | 470,072 | 369,964 | 373,892 |
| net assets | -45,845 | 86,634 | 87,526 | 132,842 | 165,033 | 308,320 | 387,249 | 383,718 | 281,712 | 220,062 |
| total shareholders funds | -45,845 | 86,634 | 87,526 | 132,842 | 165,033 | 308,320 | 387,249 | 383,718 | 281,712 | 220,062 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 106,107 | |||||||||
| Depreciation | 3,145 | 6,836 | 17,801 | 21,171 | 53,718 | 51,248 | 44,218 | 21,741 | 22,339 | 23,633 |
| Amortisation | 729 | 2,056 | 4,976 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -25,148 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -60,081 | 123,925 | 132,727 | 123,772 | 157,672 | 7,926 | 25,492 | -36,827 | 83,062 | 354,581 |
| Creditors | 71,276 | -184,362 | 258,472 | 10,398 | 141,870 | -43,804 | 247 | 100,987 | 106,017 | 244,061 |
| Accruals and Deferred Income | -54,229 | -50,883 | 71,127 | 125,694 | 0 | 0 | 0 | 0 | -89,696 | 89,696 |
| Deferred Taxes & Provisions | -1,627 | 0 | 0 | -7,110 | -5,321 | -3,731 | 1,961 | 7,621 | -2,949 | 5,835 |
| Cash flow from operations | 89,603 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | -7,399 | 7,399 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 37,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34,300 | 34,300 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -9,016 | 516 | -8,500 | 17,000 | 0 |
| share issue | ||||||||||
| interest | -6 | |||||||||
| cash flow from financing | 173,403 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | -87,681 | -159,183 | 165,157 | -113,953 | -128,093 | -115,829 | -58,423 | 207,823 | -5,538 | 177,964 |
| overdraft | -70,342 | 197,724 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -17,339 | -356,907 | 165,157 | -113,953 | -128,093 | -115,829 | -58,423 | 207,823 | -5,538 | 177,964 |
gem worldwide ltd Credit Report and Business Information
Gem Worldwide Ltd Competitor Analysis
Perform a competitor analysis for gem worldwide ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gem worldwide ltd Ownership
GEM WORLDWIDE LTD group structure
Gem Worldwide Ltd has no subsidiary companies.
Ultimate parent company
GEM WORLDWIDE LTD
04639866
gem worldwide ltd directors
Gem Worldwide Ltd currently has 1 director, Miss Zora Smoker serving since Apr 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Zora Smoker | 52 years | Apr 2003 | - | Director |
P&L
December 2018turnover
4.4m
+2%
operating profit
-120.7k
0%
gross margin
31.4%
-0.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-45.8k
-1.53%
total assets
773.8k
-0.16%
cash
10.3k
-0.89%
net assets
Total assets minus all liabilities
Similar Companies
gem worldwide ltd company details
company number
04639866
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
96090 - Other personal service activities n.e.c.
incorporation date
January 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
gill house 140 holyhead road, birmingham, west midlands, B21 0AF
last accounts submitted
December 2018
gem worldwide ltd 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 gem worldwide ltd.
gem worldwide ltd Companies House Filings - See Documents
| date | description | view/download |
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