global switch estates 1 limitedEstimated Valuation
£49.1m
Pomanda estimates the enterprise value of GLOBAL SWITCH ESTATES 1 LIMITED at £49.1m based on a Turnover of £28.5m and 1.72x industry multiple (adjusted for size and gross margin).
global switch estates 1 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GLOBAL SWITCH ESTATES 1 LIMITED at £0 based on an EBITDA of £-40.1m and a 9.57x industry multiple (adjusted for size and gross margin).
global switch estates 1 limitedEstimated Valuation
£117.8m
Pomanda estimates the enterprise value of GLOBAL SWITCH ESTATES 1 LIMITED at £117.8m based on Net Assets of £51.5m and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Global Switch Estates 1 LimitedOverview
Global Switch Estates 1 Limited is a live company located in london, SW1E 5BY with a Companies House number of 04729732. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in April 2003, it's largest shareholder is
global switch ltd
with a 100% stake. Global Switch Estates 1 Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£28.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Global Switch Estates 1 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £28.5m, make it larger than the average company (£6.2m)
£28.5m - Global Switch Estates 1 Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6%)
8% - Global Switch Estates 1 Limited
6% - Industry AVG
Production
with a gross margin of 62.9%, this company has a comparable cost of product (63.2%)
62.9% - Global Switch Estates 1 Limited
63.2% - Industry AVG
Profitability
an operating margin of -140.8% make it less profitable than the average company (4.3%)
-140.8% - Global Switch Estates 1 Limited
4.3% - Industry AVG
Employees
with 163 employees, this is above the industry average (33)
163 - Global Switch Estates 1 Limited
33 - Industry AVG
Pay Structure
on an average salary of £77.6k, the company has an equivalent pay structure (£77.6k)
£77.6k - Global Switch Estates 1 Limited
£77.6k - Industry AVG
Efficiency
resulting in sales per employee of £174.8k, this is equally as efficient (£175.4k)
£174.8k - Global Switch Estates 1 Limited
£175.4k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (53 days)
23 days - Global Switch Estates 1 Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (37 days)
78 days - Global Switch Estates 1 Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (9 days)
3 days - Global Switch Estates 1 Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - Global Switch Estates 1 Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (57.7%)
88% - Global Switch Estates 1 Limited
57.7% - Industry AVG
GLOBAL SWITCH ESTATES 1 LIMITED financials
EXPORT
Global Switch Estates 1 Limited's latest turnover from December 2023 is £28.5 million and the company has net assets of £51.5 million. According to their latest financial statements, we estimate that Global Switch Estates 1 Limited has 163 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
28,499,000
23,957,000
23,811,000
22,760,000
23,784,000
22,284,000
22,569,000
14,781,000
21,351,000
23,062,000
22,802,000
22,790,000
21,618,000
19,998,000
6,235,000
Other Income Or Grants
Cost Of Sales
10,565,000
8,454,000
7,887,000
7,358,000
7,898,000
7,447,000
5,173,000
4,437,000
5,776,000
7,041,000
6,431,000
7,038,000
6,728,000
6,362,000
2,281,000
Gross Profit
17,934,000
15,503,000
15,924,000
15,402,000
15,886,000
14,837,000
17,396,000
10,344,000
15,575,000
16,021,000
16,371,000
15,752,000
14,890,000
13,636,000
3,954,000
Admin Expenses
58,066,000
14,748,000
-15,612,000
-27,921,000
668,000
14,000
86,000
231,000
88,000
99,000
7,000
348,000
59,000
-3,000
Operating Profit
-40,132,000
755,000
31,536,000
43,323,000
15,218,000
14,823,000
17,310,000
10,113,000
15,487,000
15,922,000
16,371,000
15,745,000
14,542,000
13,577,000
3,957,000
Interest Payable
25,962,000
20,920,000
18,250,000
15,227,000
15,825,000
15,482,000
15,079,000
11,704,000
15,755,000
15,607,000
15,467,000
17,019,000
16,933,000
16,571,000
2,800,000
Interest Receivable
14,000
38,000
1,000
Pre-Tax Profit
-66,094,000
-20,165,000
13,286,000
28,096,000
-607,000
-10,625,000
10,634,000
-6,505,000
26,555,000
13,970,000
904,000
-1,274,000
-2,377,000
-2,956,000
1,158,000
Tax
8,089,000
412,000
-21,331,000
-10,939,000
-926,000
1,553,000
-178,000
4,045,000
-348,000
-1,095,000
-301,000
-484,000
-1,212,000
4,560,000
-381,000
Profit After Tax
-58,005,000
-19,753,000
-8,045,000
17,157,000
-1,533,000
-9,072,000
10,456,000
-2,460,000
26,207,000
12,875,000
603,000
-1,758,000
-3,589,000
1,604,000
777,000
Dividends Paid
Retained Profit
-58,005,000
-19,753,000
-8,045,000
17,157,000
-1,533,000
-9,072,000
10,456,000
-2,460,000
26,207,000
12,875,000
603,000
-1,758,000
-3,589,000
1,604,000
777,000
Employee Costs
12,645,238
10,087,276
9,465,385
8,543,934
9,611,225
51,000
52,000
5,195,474
7,097,849
110,000
Number Of Employees
163
144
150
145
162
151
161
105
148
160
179
199
193
203
60
EBITDA*
-40,132,000
755,000
31,536,000
43,323,000
15,218,000
14,823,000
17,310,000
10,113,000
15,487,000
15,922,000
16,371,000
15,745,000
14,542,000
13,720,000
4,101,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
132,000
15,000
67,000
127,000
89,000
Intangible Assets
158,000
Investments & Other
376,282,000
410,334,000
417,108,000
396,375,000
363,585,000
347,688,000
346,168,000
334,650,000
338,218,000
310,847,000
297,081,000
280,609,000
257,166,000
218,173,000
191,141,000
Debtors (Due After 1 year)
Total Fixed Assets
376,414,000
410,349,000
417,175,000
396,502,000
363,832,000
347,688,000
346,168,000
334,650,000
338,218,000
310,847,000
297,081,000
280,609,000
257,166,000
218,173,000
191,141,000
Stock & work in progress
101,000
75,000
94,000
73,000
66,000
Trade Debtors
1,854,000
2,628,000
5,555,000
5,466,000
6,571,000
3,500,000
6,141,000
1,698,000
5,522,000
4,472,000
4,417,000
4,358,000
4,384,000
5,304,000
4,521,000
Group Debtors
37,002,000
45,152,000
28,493,000
35,554,000
36,618,000
33,781,000
101,989,000
86,978,000
76,843,000
132,430,000
108,545,000
88,558,000
68,558,000
42,907,000
29,707,000
Misc Debtors
13,157,000
10,877,000
11,817,000
11,751,000
12,908,000
9,837,000
9,117,000
10,280,000
10,068,000
9,453,000
7,752,000
7,060,000
6,340,000
8,238,000
5,986,000
Cash
1,157,000
6,222,000
9,753,000
5,258,000
2,499,000
3,189,000
2,177,000
4,151,000
202,000
161,000
3,372,000
247,000
443,000
32,000
273,000
misc current assets
total current assets
53,271,000
64,954,000
55,712,000
58,102,000
58,662,000
50,307,000
119,424,000
103,107,000
92,635,000
146,516,000
124,086,000
100,223,000
79,725,000
56,481,000
40,487,000
total assets
429,685,000
475,303,000
472,887,000
454,604,000
422,494,000
397,995,000
465,592,000
437,757,000
430,853,000
457,363,000
421,167,000
380,832,000
336,891,000
274,654,000
231,628,000
Bank overdraft
Bank loan
Trade Creditors
2,263,000
837,000
544,000
1,631,000
1,197,000
75,000
14,000
22,000
10,000
16,000
137,000
96,000
2,000
22,000
Group/Directors Accounts
6,336,000
5,905,000
7,365,000
9,728,000
14,240,000
2,140,000
58,971,000
55,499,000
253,669,000
28,706,000
21,702,000
14,295,000
8,609,000
667,000
other short term finances
hp & lease commitments
other current liabilities
5,458,000
8,495,000
5,424,000
5,094,000
5,228,000
5,371,000
5,266,000
5,979,000
6,543,000
6,549,000
7,032,000
7,003,000
7,760,000
7,620,000
5,020,000
total current liabilities
14,057,000
15,237,000
13,333,000
16,453,000
20,665,000
7,586,000
64,251,000
61,500,000
260,222,000
35,271,000
28,871,000
21,298,000
16,465,000
7,622,000
5,709,000
loans
297,575,000
275,919,000
250,722,000
247,171,000
238,945,000
226,918,000
227,179,000
211,663,000
278,300,000
262,693,000
247,226,000
230,208,000
213,274,000
196,037,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
66,534,000
74,623,000
75,035,000
53,337,000
42,398,000
41,472,000
43,071,000
43,959,000
47,536,000
46,904,000
7,111,000
6,527,000
6,043,000
4,832,000
9,392,000
total long term liabilities
364,109,000
350,542,000
325,757,000
300,508,000
281,343,000
268,390,000
270,250,000
255,622,000
47,536,000
325,204,000
269,804,000
253,753,000
236,251,000
218,106,000
205,429,000
total liabilities
378,166,000
365,779,000
339,090,000
316,961,000
302,008,000
275,976,000
334,501,000
317,122,000
307,758,000
360,475,000
298,675,000
275,051,000
252,716,000
225,728,000
211,138,000
net assets
51,519,000
109,524,000
133,797,000
137,643,000
120,486,000
122,019,000
131,091,000
120,635,000
123,095,000
96,888,000
122,492,000
105,781,000
84,175,000
48,926,000
20,490,000
total shareholders funds
51,519,000
109,524,000
133,797,000
137,643,000
120,486,000
122,019,000
131,091,000
120,635,000
123,095,000
96,888,000
122,492,000
105,781,000
84,175,000
48,926,000
20,490,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-40,132,000
755,000
31,536,000
43,323,000
15,218,000
14,823,000
17,310,000
10,113,000
15,487,000
15,922,000
16,371,000
15,745,000
14,542,000
13,577,000
3,957,000
Depreciation
143,000
144,000
Amortisation
Tax
8,089,000
412,000
-21,331,000
-10,939,000
-926,000
1,553,000
-178,000
4,045,000
-348,000
-1,095,000
-301,000
-484,000
-1,212,000
4,560,000
-381,000
Stock
26,000
-19,000
21,000
7,000
66,000
Debtors
-6,644,000
12,792,000
-6,906,000
-3,326,000
8,979,000
-70,129,000
18,291,000
-47,399,000
-53,922,000
25,641,000
20,738,000
20,694,000
22,833,000
16,235,000
40,214,000
Creditors
1,426,000
293,000
-1,087,000
434,000
1,122,000
61,000
-8,000
6,000
-6,000
-121,000
137,000
-96,000
94,000
-20,000
22,000
Accruals and Deferred Income
-3,037,000
3,071,000
330,000
-134,000
-143,000
105,000
-713,000
-570,000
-6,000
-483,000
29,000
-757,000
140,000
2,600,000
5,020,000
Deferred Taxes & Provisions
-8,089,000
-412,000
21,698,000
10,939,000
926,000
-1,599,000
-888,000
-2,945,000
632,000
39,793,000
584,000
484,000
1,211,000
-4,560,000
9,392,000
Cash flow from operations
-35,125,000
-8,654,000
38,031,000
46,942,000
7,152,000
85,072,000
-2,768,000
58,048,000
69,681,000
28,375,000
-3,918,000
-5,802,000
-8,058,000
65,000
-22,060,000
Investing Activities
capital expenditure
-117,000
52,000
60,000
120,000
-247,000
-289,000
-364,000
-80,000
-155,000
-200,000
-4,000
Change in Investments
-34,052,000
-6,774,000
20,733,000
32,790,000
15,897,000
1,520,000
11,518,000
23,803,000
27,371,000
13,766,000
16,472,000
23,443,000
38,993,000
27,032,000
191,141,000
cash flow from investments
33,935,000
6,826,000
-20,673,000
-32,670,000
-16,144,000
-1,520,000
-11,518,000
-23,803,000
-27,371,000
-14,055,000
-16,836,000
-23,523,000
-39,148,000
-27,232,000
-191,145,000
Financing Activities
Bank loans
Group/Directors Accounts
431,000
-1,460,000
-2,363,000
-4,512,000
12,100,000
-56,831,000
3,472,000
26,793,000
224,963,000
7,004,000
7,407,000
5,686,000
8,609,000
-667,000
667,000
Other Short Term Loans
Long term loans
21,656,000
25,197,000
3,551,000
8,226,000
12,027,000
-261,000
15,516,000
-66,637,000
-278,300,000
15,607,000
15,467,000
17,018,000
16,934,000
17,237,000
196,037,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-4,520,000
4,199,000
26,207,000
-38,479,000
16,108,000
23,364,000
38,838,000
26,832,000
19,713,000
interest
-25,962,000
-20,920,000
-18,250,000
-15,227,000
-15,825,000
-15,482,000
-15,079,000
-11,704,000
-15,755,000
-15,607,000
-15,467,000
-17,019,000
-16,919,000
-16,533,000
-2,799,000
cash flow from financing
-3,875,000
-1,703,000
-12,863,000
-11,513,000
8,302,000
-72,574,000
3,909,000
-25,341,000
-69,092,000
-31,475,000
23,515,000
29,049,000
47,462,000
26,869,000
213,618,000
cash and cash equivalents
cash
-5,065,000
-3,531,000
4,495,000
2,759,000
-690,000
1,012,000
-1,974,000
3,990,000
41,000
-3,211,000
3,125,000
-196,000
411,000
-241,000
273,000
overdraft
change in cash
-5,065,000
-3,531,000
4,495,000
2,759,000
-690,000
1,012,000
-1,974,000
3,990,000
41,000
-3,211,000
3,125,000
-196,000
411,000
-241,000
273,000
global switch estates 1 limited 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 global switch estates 1 limited. Get real-time insights into global switch estates 1 limited's credit score, group structure and payment trends.
Global Switch Estates 1 Limited Competitor Analysis
Perform a competitor analysis for global switch estates 1 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in SW1E area or any other competitors across 12 key performance metrics.
global switch estates 1 limited Ownership
GLOBAL SWITCH ESTATES 1 LIMITED group structure
Global Switch Estates 1 Limited has no subsidiary companies.
The sole shareholder of Global Switch Estates 1 Limited is Global Switch Ltd.
global switch ltd
100%
global switch estates 1 limited directors
Global Switch Estates 1 Limited currently has 2 directors.
The longest serving directors include
Mr Adam Eaton (Feb 2022) and
Mr Ashley Muldoon (Jan 2024).
63110 - Data processing, hosting and related activities
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
GLOBAL SWITCH HOLDINGS LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
gs nominee (london 1) limited (November 2009)
rampriver limited (June 2003)
accountant
-
auditor
DELOITTE LLP
address
nova north, level 2, 11 bressenden place, london, SW1E 5BY
Bank
-
Legal Advisor
-
global switch estates 1 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 3 charges/mortgages relating to global switch estates 1 limited. Currently there are 0 open charges and 3 have been satisfied in the past.
global switch estates 1 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.
Click to start generating capital raising & share issue transactions for GLOBAL SWITCH ESTATES 1 LIMITED. This can take several minutes, an email will notify you when this has completed.
global switch estates 1 limitedCompanies House Filings - See Documents
