Pomanda estimates the enterprise value of GB LOCKING SYSTEMS LTD at £800.7k based on a Turnover of £1.9m and 0.41x industry multiple (adjusted for size and gross margin).
gb locking systems ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GB LOCKING SYSTEMS LTD at £0 based on an EBITDA of £-726.7k and a 3.03x industry multiple (adjusted for size and gross margin).
gb locking systems ltdEstimated Valuation
£218.5k
Pomanda estimates the enterprise value of GB LOCKING SYSTEMS LTD at £218.5k based on Net Assets of £102.5k and 2.13x industry multiple (adjusted for liquidity).
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Gb Locking Systems LtdOverview
Gb Locking Systems Ltd is a live company located in morpeth, NE61 2BD with a Companies House number of 04659995. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2003, it's largest shareholder is
glech holdings ltd
with a 100% stake. Gb Locking Systems Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£1.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Gb Locking Systems Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£4.6m)
£1.9m - Gb Locking Systems Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (9.3%)
68% - Gb Locking Systems Ltd
9.3% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (38.3%)
17.1% - Gb Locking Systems Ltd
38.3% - Industry AVG
Profitability
an operating margin of -37.5% make it less profitable than the average company (5.6%)
-37.5% - Gb Locking Systems Ltd
5.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (26)
4 - Gb Locking Systems Ltd
26 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
£52.9k - Gb Locking Systems Ltd
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £484.1k, this is more efficient (£165.7k)
£484.1k - Gb Locking Systems Ltd
£165.7k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (37 days)
126 days - Gb Locking Systems Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (31 days)
126 days - Gb Locking Systems Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gb Locking Systems Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gb Locking Systems Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.8%, this is a higher level of debt than the average (59.9%)
84.8% - Gb Locking Systems Ltd
59.9% - Industry AVG
GB LOCKING SYSTEMS LTD financials
EXPORT
Gb Locking Systems Ltd's latest turnover from November 2024 is estimated at £1.9 million and the company has net assets of £102.5 thousand. According to their latest financial statements, Gb Locking Systems Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2024
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
1,936,552
2,814,398
379,552
409,993
523,043
1,799,664
434,463
439,506
635,957
958,891
993,871
1,048,260
1,253,305
1,556,980
1,205,797
Other Income Or Grants
Cost Of Sales
1,604,836
2,327,184
314,321
347,295
434,678
1,492,961
361,535
363,592
523,037
798,727
829,988
869,576
1,033,369
1,270,924
966,731
Gross Profit
331,716
487,214
65,230
62,698
88,365
306,702
72,928
75,915
112,920
160,164
163,883
178,684
219,936
286,056
239,066
Admin Expenses
1,058,385
343,885
38,552
39,153
62,899
-58,101
17,389
97,893
233,158
234,000
167,406
183,800
185,488
221,342
-388,102
Operating Profit
-726,669
143,329
26,678
23,545
25,466
364,803
55,539
-21,978
-120,238
-73,836
-3,523
-5,116
34,448
64,714
627,168
Interest Payable
2,016
3,666
2,917
1,525
Interest Receivable
10,345
10,977
556
388
1,078
1,672
925
484
1,290
1,507
1,297
1,014
912
539
Pre-Tax Profit
-726,669
151,659
33,989
21,184
24,328
365,881
57,211
-21,054
-119,754
-72,546
-2,016
-3,819
35,462
65,626
627,707
Tax
-37,915
-6,458
-4,025
-4,622
-69,517
-10,870
-8,511
-17,063
-175,758
Profit After Tax
-726,669
113,744
27,531
17,159
19,706
296,364
46,341
-21,054
-119,754
-72,546
-2,016
-3,819
26,951
48,563
451,949
Dividends Paid
Retained Profit
-726,669
113,744
27,531
17,159
19,706
296,364
46,341
-21,054
-119,754
-72,546
-2,016
-3,819
26,951
48,563
451,949
Employee Costs
211,429
195,744
274,825
301,974
294,081
291,889
275,944
228,533
114,542
150,512
150,777
146,892
147,535
216,591
178,603
Number Of Employees
4
4
6
7
7
7
7
6
3
4
4
4
4
6
5
EBITDA*
-726,669
143,928
27,566
24,385
25,466
364,803
57,268
-20,049
-118,228
-71,702
-2,127
-3,768
35,857
67,167
629,307
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2024
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
48
96
695
1,391
2,231
696
774
2,330
4,260
3,732
1,661
2,084
3,068
1,484
2,683
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
48
96
695
1,391
2,231
696
774
2,330
4,260
3,732
1,661
2,084
3,068
1,484
2,683
Stock & work in progress
94,799
126,655
120,007
168,907
174,450
205,070
213,500
267,784
205,757
198,738
224,286
190,936
Trade Debtors
671,533
1,268,963
114,542
118,105
165,413
848,160
123,387
124,801
166,541
294,903
254,383
316,294
384,376
494,954
379,716
Group Debtors
646,856
736,603
Misc Debtors
2,297
3,364
5,514
5,106
14,260
5,530
22,227
12,847
Cash
394,099
337,708
775,162
287,583
158,194
211,604
175,537
340,411
262,519
256,251
149,156
215,596
misc current assets
93,392
11,263
9,729
3,453
3,193
3,949
7,492
3,266
total current assets
673,830
1,272,327
1,255,810
1,324,177
1,074,842
853,690
602,104
563,684
594,478
693,669
866,031
787,763
843,314
875,888
789,514
total assets
673,878
1,272,423
1,256,505
1,325,568
1,077,073
854,386
602,878
566,014
598,738
697,401
867,692
789,847
846,382
877,372
792,197
Bank overdraft
10,000
10,000
6,250
Bank loan
Trade Creditors
556,006
419,019
84,367
97,986
112,041
179,970
101,744
130,234
159,410
138,319
236,064
156,203
208,919
266,860
230,248
Group/Directors Accounts
285,000
358,497
2,920
other short term finances
hp & lease commitments
other current liabilities
47,930
47,598
153,427
58,519
39,506
total current liabilities
556,006
419,019
427,297
514,081
274,638
179,970
160,263
169,740
159,410
138,319
236,064
156,203
208,919
266,860
230,248
loans
25,833
35,643
43,750
hp & lease commitments
Accruals and Deferred Income
9,589
8,452
23,437
other liabilities
5,833
15,833
provisions
total long term liabilities
15,422
24,285
25,833
35,643
43,750
23,437
total liabilities
571,428
443,304
453,130
549,724
318,388
203,407
160,263
169,740
159,410
138,319
236,064
156,203
208,919
266,860
230,248
net assets
102,450
829,119
803,375
775,844
758,685
650,979
442,615
396,274
439,328
559,082
631,628
633,644
637,463
610,512
561,949
total shareholders funds
102,450
829,119
803,375
775,844
758,685
650,979
442,615
396,274
439,328
559,082
631,628
633,644
637,463
610,512
561,949
Nov 2024
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-726,669
143,329
26,678
23,545
25,466
364,803
55,539
-21,978
-120,238
-73,836
-3,523
-5,116
34,448
64,714
627,168
Depreciation
599
888
840
1,729
1,929
2,010
2,134
1,396
1,348
1,409
2,453
2,139
Amortisation
Tax
-37,915
-6,458
-4,025
-4,622
-69,517
-10,870
-8,511
-17,063
-175,758
Stock
-94,799
-31,856
6,648
120,007
-168,907
-5,543
-30,620
-8,430
-54,284
62,027
7,019
-25,548
33,350
190,936
Debtors
-598,497
505,415
-92,902
680,141
-674,017
708,076
7,966
-28,893
-128,362
40,520
-61,911
-68,082
-110,578
115,238
379,716
Creditors
136,987
334,652
-13,619
-14,055
-67,929
78,226
-28,490
-29,176
21,091
-97,745
79,861
-52,716
-57,941
36,612
230,248
Accruals and Deferred Income
1,137
-39,478
332
-105,829
129,990
-35,082
19,013
39,506
Deferred Taxes & Provisions
Cash flow from operations
9,952
-9,429
132,579
-786,313
636,915
-200,739
34,498
49,794
39,655
-155,683
77,618
4,579
105,531
-61,872
113,145
Investing Activities
capital expenditure
48
-192
-1,535
78
-173
1
-2,538
-4,205
-973
-364
-2,993
-1,254
-4,822
Change in Investments
cash flow from investments
48
-192
-1,535
78
-173
1
-2,538
-4,205
-973
-364
-2,993
-1,254
-4,822
Financing Activities
Bank loans
Group/Directors Accounts
-285,000
-73,497
355,577
2,920
Other Short Term Loans
Long term loans
-25,833
-9,810
-8,107
43,750
Hire Purchase and Lease Commitments
other long term liabilities
-10,000
15,833
share issue
-88,000
88,000
-88,000
-22,000
110,000
interest
8,329
7,311
-2,361
-1,137
1,078
1,672
925
484
1,290
1,507
1,297
1,014
912
539
cash flow from financing
-10,000
-374,671
-75,996
345,109
133,533
-86,922
1,672
-21,075
484
1,290
1,507
1,297
1,014
912
110,539
cash and cash equivalents
cash
-394,099
56,391
-437,454
775,162
-287,583
129,389
-53,410
36,067
-164,874
77,892
6,268
107,095
-66,440
215,596
overdraft
-10,000
3,750
6,250
change in cash
-384,099
56,391
-441,204
768,912
-287,583
129,389
-53,410
36,067
-164,874
77,892
6,268
107,095
-66,440
215,596
gb locking systems ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gb locking systems ltd. Get real-time insights into gb locking systems ltd's credit score, group structure and payment trends.
Perform a competitor analysis for gb locking systems ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NE61 area or any other competitors across 12 key performance metrics.
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gb locking systems ltd Capital Raised & Share Issues BETA
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gb locking systems ltdCompanies House Filings - See Documents
