global money express ltd
global money express ltd Company Information
Group Structure
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Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
the pinnacle 3rd floor, 73 king street, manchester, M2 4NG
Website
zawszezglobalem.comglobal money express ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL MONEY EXPRESS LTD at £583.7k based on a Turnover of £511.4k and 1.14x industry multiple (adjusted for size and gross margin).
global money express ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL MONEY EXPRESS LTD at £0 based on an EBITDA of £-54.6k and a 3.94x industry multiple (adjusted for size and gross margin).
global money express ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL MONEY EXPRESS LTD at £112.6k based on Net Assets of £86.3k and 1.31x industry multiple (adjusted for liquidity).
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Global Money Express Ltd Overview
Global Money Express Ltd is a dissolved company that was located in manchester, M2 4NG with a Companies House number of 05821654. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2006, it's largest shareholder was us money express co. with a 100% stake. The last turnover for Global Money Express Ltd was estimated at £511.4k.
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Global Money Express Ltd Health Check
Pomanda's financial health check has awarded Global Money Express Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £511.4k, make it smaller than the average company (£4.5m)
£511.4k - Global Money Express Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (5.4%)
- Global Money Express Ltd
5.4% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (57.9%)
48.8% - Global Money Express Ltd
57.9% - Industry AVG
Profitability
an operating margin of -13.1% make it less profitable than the average company (11.5%)
-13.1% - Global Money Express Ltd
11.5% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (12)
12 - Global Money Express Ltd
12 - Industry AVG
Pay Structure
on an average salary of £68.8k, the company has an equivalent pay structure (£68.8k)
- Global Money Express Ltd
£68.8k - Industry AVG
Efficiency
resulting in sales per employee of £42.6k, this is less efficient (£202.1k)
£42.6k - Global Money Express Ltd
£202.1k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (37 days)
132 days - Global Money Express Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 124 days, this is slower than average (40 days)
124 days - Global Money Express Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Global Money Express Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (32 weeks)
11 weeks - Global Money Express Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.4%, this is a higher level of debt than the average (68.5%)
78.4% - Global Money Express Ltd
68.5% - Industry AVG
GLOBAL MONEY EXPRESS LTD financials
Global Money Express Ltd's latest turnover from December 2017 is £511.4 thousand and the company has net assets of £86.3 thousand. According to their latest financial statements, Global Money Express Ltd has 12 employees and maintains cash reserves of £66.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 511,383 | 581,509 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 261,827 | 280,249 | |||||||
| Gross Profit | 249,556 | 301,260 | |||||||
| Admin Expenses | 316,402 | 415,092 | |||||||
| Operating Profit | -66,846 | -113,832 | |||||||
| Interest Payable | 7,950 | ||||||||
| Interest Receivable | 184 | 176 | |||||||
| Pre-Tax Profit | -74,612 | -113,656 | |||||||
| Tax | |||||||||
| Profit After Tax | -74,612 | -113,656 | |||||||
| Dividends Paid | |||||||||
| Retained Profit | -74,612 | -113,656 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | 12 | 14 | |||||||
| EBITDA* | -54,584 | -113,832 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,355 | 16,567 | 82,120 | 6,550 | 8,187 | 6,433 | 3,138 | 2,746 | 1,995 |
| Intangible Assets | 103,532 | 106,012 | 18,259 | 53,194 | 8,390 | 10,487 | |||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 114,887 | 122,579 | 100,379 | 59,744 | 8,187 | 14,823 | 13,625 | 2,746 | 1,995 |
| Stock & work in progress | |||||||||
| Trade Debtors | 186,178 | 136,057 | 179,435 | 231,887 | 156,947 | 128,326 | 74,398 | 26,954 | 1,691 |
| Group Debtors | |||||||||
| Misc Debtors | 30,887 | 6,148 | |||||||
| Cash | 66,732 | 63,103 | 256,393 | 162,042 | 198,582 | 120,055 | 161,816 | 99,569 | 45,578 |
| misc current assets | |||||||||
| total current assets | 283,797 | 205,308 | 435,828 | 393,929 | 355,529 | 248,381 | 236,214 | 126,523 | 47,269 |
| total assets | 398,684 | 327,887 | 536,207 | 453,673 | 363,716 | 263,204 | 249,839 | 129,269 | 49,264 |
| Bank overdraft | 50,058 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 89,549 | 4,572 | 92,512 | 342,895 | 296,670 | 205,426 | 212,926 | 130,027 | 50,319 |
| Group/Directors Accounts | 140,964 | 80,838 | |||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 31,843 | 81,596 | |||||||
| total current liabilities | 312,414 | 167,006 | 92,512 | 342,895 | 296,670 | 205,426 | 212,926 | 130,027 | 50,319 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 312,414 | 167,006 | 92,512 | 342,895 | 296,670 | 205,426 | 212,926 | 130,027 | 50,319 |
| net assets | 86,270 | 160,881 | 443,695 | 110,778 | 67,046 | 57,778 | 36,913 | -758 | -1,055 |
| total shareholders funds | 86,270 | 160,881 | 443,695 | 110,778 | 67,046 | 57,778 | 36,913 | -758 | -1,055 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -66,846 | -113,832 | |||||||
| Depreciation | 5,211 | 3,278 | 1,637 | 2,047 | 1,608 | 830 | 695 | 499 | |
| Amortisation | 7,051 | 4,692 | 5,910 | 2,097 | |||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 74,860 | -37,230 | -52,452 | 74,940 | 28,621 | 53,928 | 47,444 | 25,263 | 1,691 |
| Creditors | 84,977 | -87,940 | -250,383 | 46,225 | 91,244 | -7,500 | 82,899 | 79,708 | 50,319 |
| Accruals and Deferred Income | -49,753 | 81,596 | |||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -94,220 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 60,126 | 80,838 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -7,766 | 176 | |||||||
| cash flow from financing | 52,361 | -88,144 | |||||||
| cash and cash equivalents | |||||||||
| cash | 3,629 | -193,290 | 94,351 | -36,540 | 78,527 | -41,761 | 62,247 | 53,991 | 45,578 |
| overdraft | 50,058 | ||||||||
| change in cash | -46,429 | -193,290 | 94,351 | -36,540 | 78,527 | -41,761 | 62,247 | 53,991 | 45,578 |
global money express ltd Credit Report and Business Information
Global Money Express Ltd Competitor Analysis
Perform a competitor analysis for global money express ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
global money express ltd Ownership
GLOBAL MONEY EXPRESS LTD group structure
Global Money Express Ltd has no subsidiary companies.
Ultimate parent company
US MONEY EXPRESS CO
#0011600
1 parent
GLOBAL MONEY EXPRESS LTD
05821654
global money express ltd directors
Global Money Express Ltd currently has 1 director, Mr Leszek Szmurlo serving since Jun 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leszek Szmurlo | 56 years | Jun 2016 | - | Director |
P&L
December 2017turnover
511.4k
-12%
operating profit
-66.8k
-41%
gross margin
48.9%
-5.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
86.3k
-0.46%
total assets
398.7k
+0.22%
cash
66.7k
+0.06%
net assets
Total assets minus all liabilities
global money express ltd company details
company number
05821654
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2017
previous names
N/A
accountant
-
auditor
-
address
the pinnacle 3rd floor, 73 king street, manchester, M2 4NG
Bank
-
Legal Advisor
-
global money express 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 global money express ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
global money express 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.
Click to start generating capital raising & share issue transactions for GLOBAL MONEY EXPRESS LTD. This can take several minutes, an email will notify you when this has completed.
global money express ltd Companies House Filings - See Documents
| date | description | view/download |
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