general wholesale discount limited
general wholesale discount limited Company Information
Company Number
05985651
Website
-Registered Address
suite 28 booth house, hartford trading estate, oldham, lancs, OL9 7TQ
Industry
Other retail sale in non-specialised stores
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Muhammad Aslam11 Years
Shareholders
david johnson 100%
general wholesale discount limited Estimated Valuation
Pomanda estimates the enterprise value of GENERAL WHOLESALE DISCOUNT LIMITED at £452.6k based on a Turnover of £1.4m and 0.33x industry multiple (adjusted for size and gross margin).
general wholesale discount limited Estimated Valuation
Pomanda estimates the enterprise value of GENERAL WHOLESALE DISCOUNT LIMITED at £2.5m based on an EBITDA of £665.9k and a 3.69x industry multiple (adjusted for size and gross margin).
general wholesale discount limited Estimated Valuation
Pomanda estimates the enterprise value of GENERAL WHOLESALE DISCOUNT LIMITED at £2.3m based on Net Assets of £542.6k and 4.26x industry multiple (adjusted for liquidity).
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General Wholesale Discount Limited Overview
General Wholesale Discount Limited is a dissolved company that was located in oldham, OL9 7TQ with a Companies House number of 05985651. It operated in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in November 2006, it's largest shareholder was david johnson with a 100% stake. The last turnover for General Wholesale Discount Limited was estimated at £1.4m.
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General Wholesale Discount Limited Health Check
Pomanda's financial health check has awarded General Wholesale Discount Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £1.4m, make it larger than the average company (£845k)
- General Wholesale Discount Limited
£845k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- General Wholesale Discount Limited
- - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (43.2%)
- General Wholesale Discount Limited
43.2% - Industry AVG
Profitability
an operating margin of 46.1% make it more profitable than the average company (5%)
- General Wholesale Discount Limited
5% - Industry AVG
Employees
with 11 employees, this is below the industry average (97)
- General Wholesale Discount Limited
97 - Industry AVG
Pay Structure
on an average salary of £16.1k, the company has an equivalent pay structure (£16.1k)
- General Wholesale Discount Limited
£16.1k - Industry AVG
Efficiency
resulting in sales per employee of £125k, this is more efficient (£78.9k)
- General Wholesale Discount Limited
£78.9k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (8 days)
- General Wholesale Discount Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (36 days)
- General Wholesale Discount Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is less than average (81 days)
- General Wholesale Discount Limited
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (17 weeks)
41 weeks - General Wholesale Discount Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.9%, this is a lower level of debt than the average (81.3%)
24.9% - General Wholesale Discount Limited
81.3% - Industry AVG
GENERAL WHOLESALE DISCOUNT LIMITED financials
General Wholesale Discount Limited's latest turnover from March 2012 is estimated at £1.4 million and the company has net assets of £542.6 thousand. According to their latest financial statements, we estimate that General Wholesale Discount Limited has 11 employees and maintains cash reserves of £142.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|
| Turnover | 364,143 | 318,901 | ||
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 263,468 | 231,498 | ||
| Gross Profit | 100,675 | 87,403 | ||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | 0 | 0 | ||
| Interest Receivable | 0 | 0 | ||
| Pre-Tax Profit | 64,657 | 52,351 | ||
| Tax | -12,801 | -10,468 | ||
| Profit After Tax | 51,856 | 41,883 | ||
| Dividends Paid | 20,000 | 0 | ||
| Retained Profit | 31,856 | 41,883 | ||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|
| Tangible Assets | 116,646 | 6,302 | 5,080 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 116,646 | 6,302 | 5,080 | 0 |
| Stock & work in progress | 157,118 | 29,116 | 25,530 | 0 |
| Trade Debtors | 306,433 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 142,391 | 71,166 | 34,638 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 605,942 | 100,282 | 60,168 | 0 |
| total assets | 722,588 | 106,584 | 65,248 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 179,947 | 18,793 | 11,646 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 14,051 | 11,718 | 0 |
| total current liabilities | 179,947 | 32,844 | 23,364 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 179,947 | 32,844 | 23,364 | 0 |
| net assets | 542,641 | 73,740 | 41,884 | 0 |
| total shareholders funds | 542,641 | 73,740 | 41,884 | 0 |
| Mar 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 32,803 | 1,455 | 970 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | -12,801 | -10,468 | ||
| Stock | 128,002 | 3,586 | 25,530 | 0 |
| Debtors | 306,433 | 0 | 0 | 0 |
| Creditors | 161,154 | 7,147 | 11,646 | 0 |
| Accruals and Deferred Income | -14,051 | 2,333 | 11,718 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | ||
| cash flow from financing | 0 | 1 | ||
| cash and cash equivalents | ||||
| cash | 71,225 | 36,528 | 34,638 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 71,225 | 36,528 | 34,638 | 0 |
general wholesale discount limited Credit Report and Business Information
General Wholesale Discount Limited Competitor Analysis
Perform a competitor analysis for general wholesale discount limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
general wholesale discount limited Ownership
GENERAL WHOLESALE DISCOUNT LIMITED group structure
General Wholesale Discount Limited has no subsidiary companies.
Ultimate parent company
GENERAL WHOLESALE DISCOUNT LIMITED
05985651
general wholesale discount limited directors
General Wholesale Discount Limited currently has 1 director, Mr Muhammad Aslam serving since Aug 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Aslam | United Kingdom | 39 years | Aug 2012 | - | Director |
P&L
March 2012turnover
1.4m
+278%
operating profit
633.1k
0%
gross margin
27.1%
-2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2012net assets
542.6k
+6.36%
total assets
722.6k
+5.78%
cash
142.4k
+1%
net assets
Total assets minus all liabilities
Similar Companies
general wholesale discount limited company details
company number
05985651
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
November 2006
age
18
accounts
Total Exemption Small
ultimate parent company
previous names
hyde grocers limited (October 2011)
incorporated
UK
address
suite 28 booth house, hartford trading estate, oldham, lancs, OL9 7TQ
last accounts submitted
March 2012
general wholesale discount 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 did not find charges/mortgages relating to general wholesale discount limited.
general wholesale discount limited Companies House Filings - See Documents
| date | description | view/download |
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