gloucester foodbank
gloucester foodbank Company Information
Company Number
05402066
Registered Address
the george whitefield centre, the george whitefield centre, gloucester, GL1 3NF
Industry
Other social work activities without accommodation n.e.c.
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
-0%
gloucester foodbank Estimated Valuation
Pomanda estimates the enterprise value of GLOUCESTER FOODBANK at £281.7k based on a Turnover of £506.7k and 0.56x industry multiple (adjusted for size and gross margin).
gloucester foodbank Estimated Valuation
Pomanda estimates the enterprise value of GLOUCESTER FOODBANK at £0 based on an EBITDA of £-44.5k and a 4.38x industry multiple (adjusted for size and gross margin).
gloucester foodbank Estimated Valuation
Pomanda estimates the enterprise value of GLOUCESTER FOODBANK at £1.3m based on Net Assets of £427.7k and 2.99x industry multiple (adjusted for liquidity).
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Gloucester Foodbank Overview
Gloucester Foodbank is a live company located in gloucester, GL1 3NF with a Companies House number of 05402066. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in March 2005, it's largest shareholder is unknown. Gloucester Foodbank is a established, small sized company, Pomanda has estimated its turnover at £506.7k with low growth in recent years.
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Gloucester Foodbank Health Check
Pomanda's financial health check has awarded Gloucester Foodbank a 3 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £506.7k, make it in line with the average company (£460.4k)
£506.7k - Gloucester Foodbank
£460.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.3%)
2% - Gloucester Foodbank
6.3% - Industry AVG
Production
with a gross margin of 44.6%, this company has a comparable cost of product (44.6%)
44.6% - Gloucester Foodbank
44.6% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (4.2%)
-8.9% - Gloucester Foodbank
4.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (13)
4 - Gloucester Foodbank
13 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has a lower pay structure (£24.7k)
£17.7k - Gloucester Foodbank
£24.7k - Industry AVG
Efficiency
resulting in sales per employee of £126.7k, this is more efficient (£39.9k)
£126.7k - Gloucester Foodbank
£39.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gloucester Foodbank
- - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (4 days)
25 days - Gloucester Foodbank
4 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is more than average (22 days)
69 days - Gloucester Foodbank
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 144 weeks, this is less cash available to meet short term requirements (259 weeks)
144 weeks - Gloucester Foodbank
259 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.5%, this is a higher level of debt than the average (10.9%)
21.5% - Gloucester Foodbank
10.9% - Industry AVG
GLOUCESTER FOODBANK financials
Gloucester Foodbank's latest turnover from March 2024 is £506.7 thousand and the company has net assets of £427.7 thousand. According to their latest financial statements, Gloucester Foodbank has 4 employees and maintains cash reserves of £326.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 506,694 | 639,102 | 330,539 | 479,923 | 26,835 | 12,434 | 19,491 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | -27,642 | 192,351 | 21,637 | 157,167 | 9,205 | 1,708 | 6,290 | ||||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Profit After Tax | -27,642 | 192,351 | 21,637 | 157,167 | 9,205 | 1,708 | 6,290 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | -27,642 | 192,351 | 21,637 | 157,167 | 9,205 | 1,708 | 6,290 | ||||||||
| Employee Costs | 70,845 | 58,507 | 46,353 | 47,011 | 2,232 | ||||||||||
| Number Of Employees | 4 | 3 | 3 | 3 | 2 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,372 | 4,024 | 11,377 | 19,679 | 0 | 0 | 0 | 233 | 825 | 1,835 | 2,237 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 204 | 409 | 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 | 3,372 | 4,024 | 11,377 | 19,679 | 0 | 0 | 0 | 233 | 825 | 1,835 | 2,237 | 204 | 409 | 0 | 0 |
| Stock & work in progress | 53,728 | 72,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 84,638 | 41,682 | 54,202 | 29,886 | 3,650 | 2,322 | 2,322 | 2,322 | 1,668 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,291 | 49,071 | 11,236 | 4,990 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,500 |
| Cash | 326,414 | 373,072 | 243,037 | 216,726 | 0 | 0 | 0 | 0 | 31,230 | 32,762 | 26,641 | 26,447 | 14,461 | 6,378 | 5,030 |
| misc current assets | 155,330 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 541,763 | 494,546 | 254,273 | 221,716 | 84,638 | 41,682 | 54,202 | 29,886 | 34,880 | 35,084 | 28,963 | 28,769 | 16,129 | 6,378 | 6,530 |
| total assets | 545,135 | 498,570 | 265,650 | 241,395 | 84,638 | 41,682 | 54,202 | 30,119 | 35,705 | 36,919 | 31,200 | 28,973 | 16,538 | 6,378 | 6,530 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,352 | 2,478 | 1,800 | 0 | 410 | 910 | 1,848 | 2,052 | 1,858 | 3,743 | 0 | 400 | 595 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 98,042 | 40,709 | 818 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 117,394 | 43,187 | 2,618 | 0 | 410 | 910 | 1,848 | 2,052 | 1,858 | 3,743 | 0 | 400 | 595 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400 | 0 | 0 | 0 | 0 |
| total liabilities | 117,394 | 43,187 | 2,618 | 0 | 410 | 910 | 1,848 | 2,052 | 1,858 | 3,743 | 400 | 400 | 595 | 0 | 0 |
| net assets | 427,741 | 455,383 | 263,032 | 241,395 | 84,228 | 40,772 | 52,354 | 28,067 | 33,847 | 33,176 | 30,800 | 28,573 | 15,943 | 6,378 | 6,530 |
| total shareholders funds | 427,741 | 455,383 | 263,032 | 241,395 | 84,228 | 40,772 | 52,354 | 28,067 | 33,847 | 33,176 | 30,800 | 28,573 | 15,943 | 6,378 | 6,530 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 652 | 10,035 | 10,035 | 9,839 | 0 | 0 | 1,710 | 1,476 | 1,322 | 0 | 205 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 205 | 0 | 0 | 0 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Stock | -18,675 | 72,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -42,780 | 37,835 | 6,246 | -79,648 | 42,956 | -12,520 | 24,316 | 26,236 | 1,328 | 0 | 0 | 654 | 1,668 | -1,500 | 1,500 |
| Creditors | 16,874 | 678 | 1,800 | -410 | -500 | -938 | -204 | 194 | -1,885 | 3,743 | -400 | -195 | 595 | 0 | 0 |
| Accruals and Deferred Income | 57,333 | 39,891 | 818 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -400 | 400 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| cash flow from financing | 0 | 0 | 0 | 0 | 360 | -1,860 | 240 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -46,658 | 130,035 | 26,311 | 216,726 | 0 | 0 | 0 | -31,230 | -1,532 | 6,121 | 194 | 11,986 | 8,083 | 1,348 | 5,030 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -46,658 | 130,035 | 26,311 | 216,726 | 0 | 0 | 0 | -31,230 | -1,532 | 6,121 | 194 | 11,986 | 8,083 | 1,348 | 5,030 |
gloucester foodbank Credit Report and Business Information
Gloucester Foodbank Competitor Analysis
Perform a competitor analysis for gloucester foodbank by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in GL1 area or any other competitors across 12 key performance metrics.
gloucester foodbank Ownership
GLOUCESTER FOODBANK group structure
Gloucester Foodbank has no subsidiary companies.
Ultimate parent company
GLOUCESTER FOODBANK
05402066
gloucester foodbank directors
Gloucester Foodbank currently has 9 directors. The longest serving directors include Mr James Holliday (Jan 2017) and Mr Stephen Cresswell (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Holliday | United Kingdom | 60 years | Jan 2017 | - | Director |
| Mr Stephen Cresswell | United Kingdom | 48 years | Jan 2017 | - | Director |
| Mrs Lorraine Best | United Kingdom | 70 years | Jan 2020 | - | Director |
| Mrs Christine Dale | 72 years | Mar 2023 | - | Director | |
| Mr Adrian Slade | 77 years | Jun 2023 | - | Director | |
| Mr Paul Mallett | England | 64 years | Oct 2023 | - | Director |
| Mr Stephen Taylor | England | 71 years | Nov 2023 | - | Director |
| Mr Richard Evans | United Kingdom | 67 years | Apr 2024 | - | Director |
| Mrs Jamie Whitelock | United Kingdom | 47 years | Jun 2024 | - | Director |
P&L
March 2024turnover
506.7k
-21%
operating profit
-45.1k
0%
gross margin
44.6%
-0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
427.7k
-0.06%
total assets
545.1k
+0.09%
cash
326.4k
-0.13%
net assets
Total assets minus all liabilities
gloucester foodbank company details
company number
05402066
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
March 2005
age
19
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
gcc projects ltd (November 2016)
last accounts submitted
March 2024
address
the george whitefield centre, the george whitefield centre, gloucester, GL1 3NF
accountant
KATE ADDERLEY
auditor
-
gloucester foodbank 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 gloucester foodbank.
gloucester foodbank Companies House Filings - See Documents
| date | description | view/download |
|---|
