gravity global performance marketing ltd

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gravity global performance marketing ltd Company Information

Share GRAVITY GLOBAL PERFORMANCE MARKETING LTD

Company Number

06459835

Shareholders

gravity global limited

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

47-49 colegate, norwich, NR3 1DD

gravity global performance marketing ltd Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of GRAVITY GLOBAL PERFORMANCE MARKETING LTD at £2.9m based on a Turnover of £4.7m and 0.61x industry multiple (adjusted for size and gross margin).

gravity global performance marketing ltd Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of GRAVITY GLOBAL PERFORMANCE MARKETING LTD at £6.8m based on an EBITDA of £1.6m and a 4.18x industry multiple (adjusted for size and gross margin).

gravity global performance marketing ltd Estimated Valuation

£11.3m

Pomanda estimates the enterprise value of GRAVITY GLOBAL PERFORMANCE MARKETING LTD at £11.3m based on Net Assets of £5m and 2.26x industry multiple (adjusted for liquidity).

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Gravity Global Performance Marketing Ltd Overview

Gravity Global Performance Marketing Ltd is a live company located in norwich, NR3 1DD with a Companies House number of 06459835. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2007, it's largest shareholder is gravity global limited with a 100% stake. Gravity Global Performance Marketing Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.7m with rapid growth in recent years.

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Gravity Global Performance Marketing Ltd Health Check

Pomanda's financial health check has awarded Gravity Global Performance Marketing Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £4.7m, make it smaller than the average company (£7.3m)

£4.7m - Gravity Global Performance Marketing Ltd

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (8%)

52% - Gravity Global Performance Marketing Ltd

8% - Industry AVG

production

Production

with a gross margin of 25.7%, this company has a higher cost of product (51.3%)

25.7% - Gravity Global Performance Marketing Ltd

51.3% - Industry AVG

profitability

Profitability

an operating margin of 33.9% make it more profitable than the average company (3.5%)

33.9% - Gravity Global Performance Marketing Ltd

3.5% - Industry AVG

employees

Employees

with 48 employees, this is similar to the industry average (43)

48 - Gravity Global Performance Marketing Ltd

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £74.2k, the company has an equivalent pay structure (£74.2k)

£74.2k - Gravity Global Performance Marketing Ltd

£74.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98k, this is less efficient (£178.2k)

£98k - Gravity Global Performance Marketing Ltd

£178.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (52 days)

93 days - Gravity Global Performance Marketing Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 186 days, this is slower than average (33 days)

186 days - Gravity Global Performance Marketing Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gravity Global Performance Marketing Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (14 weeks)

11 weeks - Gravity Global Performance Marketing Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.1%, this is a similar level of debt than the average (64.8%)

65.1% - Gravity Global Performance Marketing Ltd

64.8% - Industry AVG

GRAVITY GLOBAL PERFORMANCE MARKETING LTD financials

EXPORTms excel logo

Gravity Global Performance Marketing Ltd's latest turnover from December 2023 is estimated at £4.7 million and the company has net assets of £5 million. According to their latest financial statements, Gravity Global Performance Marketing Ltd has 48 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,701,8933,441,3342,117,7951,345,4551,358,7191,316,0531,100,2231,348,051976,456617,627586,220458,117791,550458,696
Other Income Or Grants
Cost Of Sales3,494,2672,537,9751,568,3611,010,7781,032,622982,222804,282968,596697,484440,047413,624322,170559,101321,998
Gross Profit1,207,626903,360549,434334,677326,097333,831295,941379,455278,972177,580172,596135,947232,450136,698
Admin Expenses-387,114-1,382,325-532,972-419,430123,465287,351249,907360,937329,593140,463112,09794,327273,21935,307-65,389
Operating Profit1,594,7402,285,6851,082,406754,107202,63246,48046,03418,518-50,62137,11760,49941,620-40,769101,39165,389
Interest Payable514881,0476505,5255,525
Interest Receivable62,98520,1791,8605762,0261,0045062203822708918924313828
Pre-Tax Profit1,657,7252,305,8641,084,265754,683204,65847,43346,05217,691-50,88937,38760,58841,809-40,52696,00459,892
Tax-414,431-438,114-206,010-143,390-38,885-9,012-8,750-3,538-7,851-13,935-10,034-26,881-16,770
Profit After Tax1,243,2941,867,750878,255611,293165,77338,42137,30214,153-50,88929,53646,65331,775-40,52669,12343,122
Dividends Paid
Retained Profit1,243,2941,867,750878,255611,293165,77338,42137,30214,153-50,88929,53646,65331,775-40,52669,12343,122
Employee Costs3,560,8873,170,1952,894,3282,402,7342,029,2421,803,7501,435,3801,109,1631,103,450164,219160,587105,172156,08599,898
Number Of Employees48454338333025202033232
EBITDA*1,623,1872,310,5791,104,731773,033214,68381,72690,35261,106-7,30082,365106,85688,1723,436144,357107,219

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets47,77246,23348,03745,16131,77630,41234,82114,69414,73718,58825,44032,20927,41927,37231,155
Intangible Assets24,26760,66797,067133,467169,867206,267242,667279,067315,467
Investments & Other
Debtors (Due After 1 year)7,4957,495
Total Fixed Assets47,77253,72855,53245,16131,77630,41259,08875,361111,804152,055195,307238,476270,086306,439346,622
Stock & work in progress21,04326,654
Trade Debtors1,209,748683,926374,02893,892164,778194,284184,089363,676159,673161,702165,014123,370209,264117,272123,127
Group Debtors10,398,5888,675,5261,476,890603,26972,476
Misc Debtors708,9031,525,48081,41990,68676,557113,749179,48217,81421,354
Cash1,939,670459,753693,343794,411356,590183,68183,966118,26357,83194,96013,12022,60453,01044,07411,093
misc current assets
total current assets14,256,90911,344,6852,625,6801,582,258670,401491,714447,537499,753238,858256,662199,177172,628262,274161,346134,220
total assets14,304,68111,398,4132,681,2121,627,419702,177522,126506,625575,114350,662408,717394,484411,104532,360467,785480,842
Bank overdraft
Bank loan1,50013,5006,000
Trade Creditors 1,783,1431,930,621259,47756,43217,91686,00786,25333,69340,795202,346206,191160,154218,183173,352139,730
Group/Directors Accounts2,656,5651,469,96219,84494,5079,384124,990
other short term finances
hp & lease commitments318925577
other current liabilities4,170,8104,232,786499,088460,355273,053207,896228,237377,587154,099
total current liabilities8,610,5187,633,369778,409611,294300,353293,903316,308425,705201,471202,346206,191160,154218,183173,352264,720
loans14,000170,000
hp & lease commitments318289
Accruals and Deferred Income
other liabilities685,82520,00030,300142,619239,013179,339
provisions11,32411,32416,8338,4105,4025,5246,0392,1152,0792,6593,8174,5293,1372,5412,692
total long term liabilities697,14911,32416,8338,4105,4025,5246,0392,43316,36822,65934,117147,148242,150181,880172,692
total liabilities9,307,6677,644,693795,242619,704305,755299,427322,347428,138217,839225,005240,308307,302460,333355,232437,412
net assets4,997,0143,753,7201,885,9701,007,715396,422222,699184,278146,976132,823183,712154,176103,80272,027112,55343,430
total shareholders funds4,997,0143,753,7201,885,9701,007,715396,422222,699184,278146,976132,823183,712154,176103,80272,027112,55343,430
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,594,7402,285,6851,082,406754,107202,63246,48046,03418,518-50,62137,11760,49941,620-40,769101,39165,389
Depreciation28,44724,89422,32518,92612,05110,9797,9186,1886,9218,8489,95710,1527,8056,5665,430
Amortisation24,26736,40036,40036,40036,40036,40036,40036,40036,40036,400
Tax-414,431-438,114-206,010-143,390-38,885-9,012-8,750-3,538-7,851-13,935-10,034-26,881-16,770
Stock-21,043-5,61126,654
Debtors1,424,8128,952,5951,151,985474,0365,778-55,538-17,919200,46319,325-3,31241,644-85,89491,992-5,855123,127
Creditors-147,4781,671,144203,04538,516-68,091-24652,560-7,102-161,551-3,84546,037-58,02944,83133,622139,730
Accruals and Deferred Income-61,9763,733,69838,733187,30265,157-20,341-149,350223,488154,099
Deferred Taxes & Provisions-5,5098,4233,008-122-5153,92436-580-1,158-7121,392596-1512,692
Cash flow from operations-425,510-1,680,797-3,063384,433166,964107,1506,65573,527-34,65793,866102,21380,741-43,129156,802109,744
Investing Activities
capital expenditure-29,986-23,090-25,201-32,311-13,415-6,570-28,045-6,145-3,070-1,996-3,188-14,942-7,852-2,783-388,452
Change in Investments
cash flow from investments-29,986-23,090-25,201-32,311-13,415-6,570-28,045-6,145-3,070-1,996-3,188-14,942-7,852-2,783-388,452
Financing Activities
Bank loans-1,500-12,0007,5006,000
Group/Directors Accounts1,186,6031,450,118-74,66385,1239,384-124,990124,990
Other Short Term Loans
Long term loans-14,00014,000-170,000170,000
Hire Purchase and Lease Commitments-318-925377866
other long term liabilities685,825-20,000-10,300-112,319-96,39459,674179,339
share issue7,9503,721308
interest62,98520,1791,8605762,02695318-827-26827089189243-5,387-5,497
cash flow from financing1,935,4131,470,297-72,80385,69919,360-865-12,907-6,950598-10,030-108,509-96,20559,917-121,038289,801
cash and cash equivalents
cash1,479,917-233,590-101,068437,821172,90999,715-34,29760,432-37,12981,840-9,484-30,4068,93632,98111,093
overdraft
change in cash1,479,917-233,590-101,068437,821172,90999,715-34,29760,432-37,12981,840-9,484-30,4068,93632,98111,093

gravity global performance marketing ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gravity Global Performance Marketing Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gravity global performance marketing ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NR3 area or any other competitors across 12 key performance metrics.

gravity global performance marketing ltd Ownership

GRAVITY GLOBAL PERFORMANCE MARKETING LTD group structure

Gravity Global Performance Marketing Ltd has no subsidiary companies.

Ultimate parent company

2 parents

GRAVITY GLOBAL PERFORMANCE MARKETING LTD

06459835

GRAVITY GLOBAL PERFORMANCE MARKETING LTD Shareholders

gravity global limited 100%

gravity global performance marketing ltd directors

Gravity Global Performance Marketing Ltd currently has 4 directors. The longest serving directors include Mrs Louisa Roberts (Mar 2013) and Mr Robert Welsby (Jan 2019).

officercountryagestartendrole
Mrs Louisa RobertsEngland54 years Mar 2013- Director
Mr Robert WelsbyEngland46 years Jan 2019- Director
Mr Andrew DaynesEngland41 years Oct 2019- Director
Mr Paul AndersonUnited Kingdom59 years Oct 2019- Director

P&L

December 2023

turnover

4.7m

+37%

operating profit

1.6m

0%

gross margin

25.7%

-2.16%

turnover

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

Balance Sheet

December 2023

net assets

5m

+0.33%

total assets

14.3m

+0.25%

cash

1.9m

+3.22%

net assets

Total assets minus all liabilities

gravity global performance marketing ltd company details

company number

06459835

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

December 2007

age

18

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

further digital marketing ltd (December 2020)

further search marketing ltd (September 2014)

accountant

-

auditor

-

address

47-49 colegate, norwich, NR3 1DD

Bank

-

Legal Advisor

-

gravity global performance marketing 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 5 charges/mortgages relating to gravity global performance marketing ltd. Currently there are 2 open charges and 3 have been satisfied in the past.

gravity global performance marketing 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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gravity global performance marketing ltd Companies House Filings - See Documents

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