Gmi Couture Ltd

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gmi couture ltd Company Information

Company Number

05484783

Next Accounts

Mar 2025

Directors

Elaine Lim

Shareholders

elaine yee ling lim

Group Structure

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Industry

Wholesale of clothing and footwear

Registered Address

9 bonhill street, london, EC2A 4DJ

Website

gmi couture ltd Estimated Valuation

£131.9k

Pomanda estimates the enterprise value of GMI COUTURE LTD at £131.9k based on a Turnover of £382.7k and 0.34x industry multiple (adjusted for size and gross margin).

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Gmi Couture Ltd is a dissolved company that was located in london, EC2A 4DJ with a Companies House number of 05484783. It operated in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in June 2005, it's largest shareholder was elaine yee ling lim with a 100% stake. The last turnover for Gmi Couture Ltd was estimated at £382.7k.

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Pomanda's financial health check has awarded Gmi Couture Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

6 Weak

Size

annual sales of £382.7k, make it smaller than the average company (£16.5m)

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.7%)

EXPORT

Gmi Couture Ltd's latest turnover from December 2022 is estimated at £382.7 thousand and the company has net assets of -£58.8 thousand. According to their latest financial statements, we estimate that Gmi Couture Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	382,673	385,681	433,442	408,421	603,350	769,889	1,242,784	497,776	845,954	840,941	1,089,785	919,356	1,345,909
Other Income Or Grants
Cost Of Sales	296,582	303,892	341,111	323,924	475,857	612,886	987,691	393,560	665,805	656,723	852,664	725,358	1,060,382
Gross Profit	86,091	81,789	92,331	84,497	127,492	157,002	255,093	104,215	180,149	184,218	237,121	193,998	285,527
Admin Expenses	86,091	81,789	98,072	86,208	133,173	173,815	242,595	104,415	183,530	192,019	246,718	208,632	284,414	4,894
Operating Profit			-5,741	-1,711	-5,681	-16,813	12,498	-200	-3,381	-7,801	-9,597	-14,634	1,113	-4,894
Interest Payable
Interest Receivable							29	169	152	60	131	208	124	28
Pre-Tax Profit			-5,741	-1,711	-5,681	-16,813	12,526	-31	-3,229	-7,741	-9,466	-14,426	1,238	-4,866
Tax							-2,505						-346
Profit After Tax			-5,741	-1,711	-5,681	-16,813	10,021	-31	-3,229	-7,741	-9,466	-14,426	891	-4,866
Dividends Paid
Retained Profit			-5,741	-1,711	-5,681	-16,813	10,021	-31	-3,229	-7,741	-9,466	-14,426	891	-4,866
Employee Costs	36,959	35,406	34,832	34,690	68,061	65,359	99,303	32,052	63,138	60,465	90,263	60,028	89,466
Number Of Employees	1	1	1	1	2	2	3	1	2	2	3	2	3
EBITDA*			-5,741	-1,711	-5,681	-16,813	12,498	-200	-3,381	-7,801	-9,597	-14,634	1,113	-4,894

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress								14,779	20,442	19,852	17,804	19,803	17,681	19,504
Trade Debtors	68,158	68,158	68,158	69,518	104,721	147,722	253,213	109,157	185,673	201,828	273,348	231,364	423,340	450,722
Group Debtors
Misc Debtors
Cash								22,948	44,532	16,178	7,715	44,816	38,477	11,226
misc current assets
total current assets	68,158	68,158	68,158	69,518	104,721	147,722	253,213	146,884	250,647	237,858	298,867	295,983	479,498	481,452
total assets	68,158	68,158	68,158	69,518	104,721	147,722	253,213	146,884	250,647	237,858	298,867	295,983	479,498	481,452
Bank overdraft
Bank loan
Trade Creditors	126,951	126,951	126,951	122,570	156,062	193,382	282,060	185,751	289,483	273,465	326,733	314,383	366,112	399,707
Group/Directors Accounts													117,360	86,610
other short term finances
hp & lease commitments
other current liabilities
total current liabilities	126,951	126,951	126,951	122,570	156,062	193,382	282,060	185,751	289,483	273,465	326,733	314,383	483,472	486,317
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities	126,951	126,951	126,951	122,570	156,062	193,382	282,060	185,751	289,483	273,465	326,733	314,383	483,472	486,317
net assets	-58,793	-58,793	-58,793	-53,052	-51,341	-45,660	-28,847	-38,867	-38,836	-35,607	-27,866	-18,400	-3,974	-4,865
total shareholders funds	-58,793	-58,793	-58,793	-53,052	-51,341	-45,660	-28,847	-38,867	-38,836	-35,607	-27,866	-18,400	-3,974	-4,865

	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-5,741	-1,711	-5,681	-16,813	12,498	-200	-3,381	-7,801	-9,597	-14,634	1,113	-4,894
Depreciation
Amortisation
Tax					-2,505						-346
Stock					-14,779	-5,663	590	2,048	-1,999	2,122	-1,823	19,504
Debtors	-1,360	-35,203	-43,001	-105,491	144,056	-76,516	-16,155	-71,520	41,984	-191,976	-27,382	450,722
Creditors	4,381	-33,492	-37,320	-88,678	96,309	-103,732	16,018	-53,268	12,350	-51,729	-33,595	399,707
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations					-22,975	-21,753	28,202	8,403	-37,232	123,491	-3,623	-75,413
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts										-117,360	30,750	86,610
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue					-1							1
interest					29	169	152	60	131	208	124	28
cash flow from financing					28	169	152	60	131	-117,152	30,874	86,639
cash and cash equivalents
cash					-22,948	-21,584	28,354	8,463	-37,101	6,339	27,251	11,226
overdraft
change in cash					-22,948	-21,584	28,354	8,463	-37,101	6,339	27,251	11,226

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for gmi couture ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in EC2A area or any other competitors across 12 key performance metrics.

GMI COUTURE LTD group structure

Gmi Couture Ltd has no subsidiary companies.

Ultimate parent company

GMI COUTURE LTD

05484783

GMI COUTURE LTD Shareholders

elaine yee ling lim

100%

Gmi Couture Ltd currently has 1 director, Ms Elaine Lim serving since Oct 2015.

officer	country	age	start	end	role
Ms Elaine Lim		50 years	Oct 2015	-	Director

P&L

December 2022

turnover

382.7k

-1%

operating profit

gross margin

22.5%

+6.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

-58.8k

total assets

68.2k

cash

net assets

Total assets minus all liabilities

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1.5

company number

05484783

Type

Private limited with Share Capital

industry

46420 - Wholesale of clothing and footwear

incorporation date

June 2005

ultimate parent company

None

previous names

N/A

address

9 bonhill street, london, EC2A 4DJ

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 gmi couture ltd.

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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gmi couture ltd Company Information

gmi couture ltd Estimated Valuation

gmi couture ltd Estimated Valuation

gmi couture ltd Estimated Valuation

Gmi Couture Ltd Overview

Gmi Couture Ltd Health Check

GMI COUTURE LTD financials

gmi couture ltd Credit Report and Business Information

Gmi Couture Ltd Competitor Analysis

gmi couture ltd Ownership

gmi couture ltd directors

gmi couture ltd company details

gmi couture ltd Charges & Mortgages

gmi couture ltd Capital Raised & Share Issues BETA

gmi couture ltd Companies House Filings - See Documents