g & g quality clothing europe ltdEstimated Valuation
£1m
Pomanda estimates the enterprise value of G & G QUALITY CLOTHING EUROPE LTD at £1m based on a Turnover of £3.3m and 0.32x industry multiple (adjusted for size and gross margin).
g & g quality clothing europe ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of G & G QUALITY CLOTHING EUROPE LTD at £0 based on an EBITDA of £-397.5k and a 3.26x industry multiple (adjusted for size and gross margin).
g & g quality clothing europe ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of G & G QUALITY CLOTHING EUROPE LTD at £0 based on Net Assets of £-395.3k and 1.94x industry multiple (adjusted for liquidity).
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G & G Quality Clothing Europe LtdOverview
G & G Quality Clothing Europe Ltd is a live company located in london, N15 6BJ with a Companies House number of 04882915. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in September 2003, it's largest shareholder is
pinchas weinberger
with a 100% stake. G & G Quality Clothing Europe Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£3.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded G & G Quality Clothing Europe Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
7 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£16.4m)
£3.3m - G & G Quality Clothing Europe Ltd
£16.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - G & G Quality Clothing Europe Ltd
- - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (31.2%)
22% - G & G Quality Clothing Europe Ltd
31.2% - Industry AVG
Profitability
an operating margin of -12.2% make it less profitable than the average company (4.5%)
-12.2% - G & G Quality Clothing Europe Ltd
4.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (47)
7 - G & G Quality Clothing Europe Ltd
47 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
£37.3k - G & G Quality Clothing Europe Ltd
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £469.1k, this is more efficient (£327.4k)
£469.1k - G & G Quality Clothing Europe Ltd
£327.4k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (40 days)
93 days - G & G Quality Clothing Europe Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 246 days, this is slower than average (36 days)
246 days - G & G Quality Clothing Europe Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is less than average (135 days)
49 days - G & G Quality Clothing Europe Ltd
135 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - G & G Quality Clothing Europe Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 128.9%, this is a higher level of debt than the average (59.3%)
128.9% - G & G Quality Clothing Europe Ltd
59.3% - Industry AVG
G & G QUALITY CLOTHING EUROPE LTD financials
EXPORT
G & G Quality Clothing Europe Ltd's latest turnover from August 2023 is estimated at £3.3 million and the company has net assets of -£395.3 thousand. According to their latest financial statements, G & G Quality Clothing Europe Ltd has 7 employees and maintains cash reserves of £166.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
3,283,751
1,253,941
1,236,371
1,026,969
905,461
1,801,662
1,900,734
1,349,457
1,032,737
1,046,705
859,421
Other Income Or Grants
Cost Of Sales
2,560,391
999,469
993,509
825,886
726,150
1,429,715
1,515,099
1,058,089
817,652
833,059
683,167
Gross Profit
723,360
254,472
242,862
201,083
179,311
371,947
385,635
291,368
215,085
213,646
176,255
Admin Expenses
1,122,981
165,766
147,436
157,166
169,537
367,612
395,121
262,193
231,004
245,858
231,109
446,903
Operating Profit
-399,621
88,706
95,426
43,917
9,774
4,335
-9,486
29,175
-15,919
-32,212
-54,854
-446,903
Interest Payable
Interest Receivable
4,369
783
832
95
22
20
14
11
125
134
24
8
Pre-Tax Profit
-395,252
89,489
96,258
44,011
9,796
4,355
-9,472
29,186
-15,794
-32,078
-54,830
-446,895
Tax
-17,003
-18,289
-8,362
-1,959
-871
-6,713
Profit After Tax
-395,252
72,486
77,969
35,649
7,837
3,484
-9,472
22,473
-15,794
-32,078
-54,830
-446,895
Dividends Paid
Retained Profit
-395,252
72,486
77,969
35,649
7,837
3,484
-9,472
22,473
-15,794
-32,078
-54,830
-446,895
Employee Costs
261,224
138,194
164,013
157,274
92,797
122,167
118,701
87,841
85,422
89,050
56,093
Number Of Employees
7
4
5
5
3
4
4
3
3
3
2
EBITDA*
-397,488
92,263
99,336
48,068
14,216
9,562
-3,337
36,212
-9,440
-24,963
-46,326
-436,870
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
12,081
20,161
22,153
23,521
25,175
29,617
34,843
39,878
36,715
41,076
48,325
56,854
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,081
20,161
22,153
23,521
25,175
29,617
34,843
39,878
36,715
41,076
48,325
56,854
Stock & work in progress
348,140
199,710
332,850
512,077
568,974
598,920
646,591
425,325
220,906
200,824
182,567
115,879
Trade Debtors
842,395
127,676
61,518
6,246
16,938
33,738
3,908
3,809
2,323
2,323
3,321
Group Debtors
Misc Debtors
959,686
29,212
29,212
29,444
Cash
166,426
47,885
160,900
61,093
14,548
3,446
4,562
1,101
3,266
46,898
6,541
3,245
misc current assets
total current assets
1,356,961
1,334,957
584,480
608,628
629,904
636,104
655,061
430,235
226,495
250,045
192,429
119,124
total assets
1,369,042
1,355,118
606,633
632,149
655,079
665,721
689,904
470,113
263,210
291,121
240,754
175,978
Bank overdraft
Bank loan
Trade Creditors
1,726,742
972,228
799,182
798,557
667,270
1,198,832
1,226,499
997,236
812,806
824,923
742,478
622,872
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
722,060
219,107
323,217
513,083
total current liabilities
1,726,742
1,694,288
1,018,289
1,121,774
1,180,353
1,198,832
1,226,499
997,236
812,806
824,923
742,478
622,872
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
37,551
provisions
total long term liabilities
37,551
total liabilities
1,764,293
1,694,288
1,018,289
1,121,774
1,180,353
1,198,832
1,226,499
997,236
812,806
824,923
742,478
622,872
net assets
-395,251
-339,170
-411,656
-489,625
-525,274
-533,111
-536,595
-527,123
-549,596
-533,802
-501,724
-446,894
total shareholders funds
-395,251
-339,170
-411,656
-489,625
-525,274
-533,111
-536,595
-527,123
-549,596
-533,802
-501,724
-446,894
Aug 2023
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
-399,621
88,706
95,426
43,917
9,774
4,335
-9,486
29,175
-15,919
-32,212
-54,854
-446,903
Depreciation
2,133
3,557
3,910
4,151
4,442
5,227
6,149
7,037
6,479
7,249
8,528
10,033
Amortisation
Tax
-17,003
-18,289
-8,362
-1,959
-871
-6,713
Stock
348,140
-133,140
-179,227
-56,897
-29,946
-47,671
221,266
204,419
20,082
18,257
66,688
115,879
Debtors
842,395
996,632
55,272
-10,924
12,644
29,830
99
1,486
-998
3,321
Creditors
1,726,742
173,046
625
131,287
-531,562
-27,667
229,263
184,430
-12,117
82,445
119,606
622,872
Accruals and Deferred Income
502,953
-104,110
-189,866
513,083
Deferred Taxes & Provisions
Cash flow from operations
138,719
-112,233
101,517
48,948
11,080
-1,135
4,561
8,024
-41,639
40,223
3,271
70,123
Investing Activities
capital expenditure
-14,214
-1,565
-2,542
-2,497
-1
-1,114
-10,200
-2,118
1
-66,887
Change in Investments
cash flow from investments
-14,214
-1,565
-2,542
-2,497
-1
-1,114
-10,200
-2,118
1
-66,887
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
37,551
share issue
1
1
interest
4,369
783
832
95
22
20
14
11
125
134
24
8
cash flow from financing
41,921
783
832
95
22
20
14
11
125
134
24
9
cash and cash equivalents
cash
166,426
-113,015
99,807
46,545
11,102
-1,116
3,461
-2,165
-43,632
40,357
3,296
3,245
overdraft
change in cash
166,426
-113,015
99,807
46,545
11,102
-1,116
3,461
-2,165
-43,632
40,357
3,296
3,245
g & g quality clothing europe 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 g & g quality clothing europe ltd. Get real-time insights into g & g quality clothing europe ltd's credit score, group structure and payment trends.
G & G Quality Clothing Europe Ltd Competitor Analysis
Perform a competitor analysis for g & g quality clothing europe ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N15 area or any other competitors across 12 key performance metrics.
g & g quality clothing europe ltd Ownership
G & G QUALITY CLOTHING EUROPE LTD group structure
G & G Quality Clothing Europe Ltd has no subsidiary companies.
Ultimate parent company
G & G QUALITY CLOTHING EUROPE LTD
04882915
G & G QUALITY CLOTHING EUROPE LTD Shareholders
The sole shareholder of G & G Quality Clothing Europe Ltd is Pinchas Weinberger.
pinchas weinberger
100%
g & g quality clothing europe ltd directors
G & G Quality Clothing Europe Ltd currently has 1 director, Mr Pinchas Weinberger serving since Sep 2003.
g & g quality clothing europe 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 found 1 charges/mortgages relating to g & g quality clothing europe ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
g & g quality clothing europe ltd 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 & g quality clothing europe ltdCompanies House Filings - See Documents
