gmg finance limited

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gmg finance limited Company Information

Share GMG FINANCE LIMITED

Company Number

06466661

Shareholders

jeffrey peter mcveigh

alison mcveigh

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

suite 3 43-45 hoghton street, southport, merseyside, PR9 0PG

Website

-

gmg finance limited Estimated Valuation

£41.1k

Pomanda estimates the enterprise value of GMG FINANCE LIMITED at £41.1k based on a Turnover of £82.3k and 0.5x industry multiple (adjusted for size and gross margin).

gmg finance limited Estimated Valuation

£31.2k

Pomanda estimates the enterprise value of GMG FINANCE LIMITED at £31.2k based on an EBITDA of £8.7k and a 3.57x industry multiple (adjusted for size and gross margin).

gmg finance limited Estimated Valuation

£900.8k

Pomanda estimates the enterprise value of GMG FINANCE LIMITED at £900.8k based on Net Assets of £380.6k and 2.37x industry multiple (adjusted for liquidity).

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Gmg Finance Limited Overview

Gmg Finance Limited is a live company located in merseyside, PR9 0PG with a Companies House number of 06466661. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2008, it's largest shareholder is jeffrey peter mcveigh with a 60% stake. Gmg Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £82.3k with declining growth in recent years.

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Gmg Finance Limited Health Check

Pomanda's financial health check has awarded Gmg Finance Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £82.3k, make it smaller than the average company (£4m)

£82.3k - Gmg Finance Limited

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (8.1%)

-14% - Gmg Finance Limited

8.1% - Industry AVG

production

Production

with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)

38.4% - Gmg Finance Limited

38.4% - Industry AVG

profitability

Profitability

an operating margin of 10.3% make it more profitable than the average company (5.7%)

10.3% - Gmg Finance Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (24)

1 - Gmg Finance Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)

£49.9k - Gmg Finance Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £82.3k, this is less efficient (£153.8k)

£82.3k - Gmg Finance Limited

£153.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Gmg Finance Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (33 days)

5 days - Gmg Finance Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gmg Finance Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (24 weeks)

21 weeks - Gmg Finance Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.1%, this is a lower level of debt than the average (60.8%)

11.1% - Gmg Finance Limited

60.8% - Industry AVG

GMG FINANCE LIMITED financials

EXPORTms excel logo

Gmg Finance Limited's latest turnover from February 2024 is estimated at £82.3 thousand and the company has net assets of £380.6 thousand. According to their latest financial statements, Gmg Finance Limited has 1 employee and maintains cash reserves of £10.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover82,33988,436136,093128,249136,839137,59180,51813,75443,3161,051,3941,032,6801,084,4101,502,3961,276,6561,276,953
Other Income Or Grants
Cost Of Sales50,74954,06984,83180,58685,06985,79550,2818,40427,209668,633664,964688,570931,486771,065768,015
Gross Profit31,59034,36751,26147,66351,76951,79630,2385,35116,108382,762367,716395,840570,911505,591508,937
Admin Expenses23,085-18,975-4,8716,27244,3202,845-36,667-7,85021,468370,709366,752355,479516,397465,866456,159
Operating Profit8,50553,34256,13241,3917,44948,95166,90513,201-5,36012,05396440,36154,51439,72552,778
Interest Payable3,0701,47255
Interest Receivable6671,16028638572721682057464051939024
Pre-Tax Profit6,10353,03156,41941,4287,50149,21967,07313,221-5,30312,0991,00440,41254,60739,81552,801
Tax-1,526-10,076-10,720-7,871-1,425-9,352-12,744-2,644-2,541-231-9,699-14,198-11,148-14,784
Profit After Tax4,57742,95545,69933,5576,07639,86754,32910,577-5,3039,55877330,71340,40928,66738,017
Dividends Paid
Retained Profit4,57742,95545,69933,5576,07639,86754,32910,577-5,3039,55877330,71340,40928,66738,017
Employee Costs49,93247,41545,09742,59942,14340,84138,71838,40238,181303,490303,382295,818444,743358,613355,778
Number Of Employees11111111188812109
EBITDA*8,73253,60956,44641,6057,67049,21167,21313,562-4,93612,5521,67347,15961,40646,60859,576

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets1,2831,5101,7772,0911,2551,4761,7362,0442,4052,8294,0224,5155,0615,0054,519
Intangible Assets6,00012,00018,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,2831,5101,7772,0911,2551,4761,7362,0442,4052,8294,0224,51511,06117,00522,519
Stock & work in progress
Trade Debtors181,257175,924179,319223,349183,496182,023
Group Debtors
Misc Debtors416,038418,313350,218276,779264,550253,825177,826171,474161,848
Cash10,70914,70843,31471,2544,39010,83661,7835,54510,52712,2226,2479,88610,50826,7019,489
misc current assets
total current assets426,747433,021393,532348,033268,940264,661239,609177,019172,375193,479182,171189,205233,857210,197191,512
total assets428,030434,531395,309350,124270,195266,137241,345179,063174,780196,308186,193193,720244,918227,202214,031
Bank overdraft135
Bank loan3,6992,939
Trade Creditors 7013,4073,7252,1766,36247,50546,71054,911136,830159,619175,257
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities21,30725,31232,08329,97716,19918,01529,45022,96725,003
total current liabilities25,70731,65832,08329,97716,19918,15033,17525,14331,36547,50546,71054,911136,830159,619175,257
loans21,43126,501
hp & lease commitments
Accruals and Deferred Income
other liabilities29,74332,410
provisions321378444397213280330409481566804903895898756
total long term liabilities21,75226,87930,18732,807213280330409481566804903895898756
total liabilities47,45958,53762,27062,78416,41218,43033,50525,55231,84648,07147,51455,814137,725160,517176,013
net assets380,571375,994333,039287,340253,783247,707207,840153,511142,934148,237138,679137,906107,19366,68538,018
total shareholders funds380,571375,994333,039287,340253,783247,707207,840153,511142,934148,237138,679137,906107,19366,68538,018
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit8,50553,34256,13241,3917,44948,95166,90513,201-5,36012,05396440,36154,51439,72552,778
Depreciation227267314214221260308361424499709798892883798
Amortisation6,0006,0006,0006,000
Tax-1,526-10,076-10,720-7,871-1,425-9,352-12,744-2,644-2,541-231-9,699-14,198-11,148-14,784
Stock
Debtors-2,27568,09573,43912,22910,72575,9996,3529,626-19,4095,333-3,395-44,03039,8531,473182,023
Creditors-2,7063,407-3,7251,549-4,186-41,143795-8,201-81,919-22,789-15,638175,257
Accruals and Deferred Income-4,005-6,7712,10613,778-1,816-11,4356,483-2,03625,003
Deferred Taxes & Provisions-57-6647184-67-50-79-72-85-238-998-3142756
Cash flow from operations2,713-27,992-25,56035,467-6,363-51,35056,070-5,002-1,7525,235-3,463-421-15,43718,49138,782
Investing Activities
capital expenditure-1,050694-216-252-948-1,369-29,317
Change in Investments
cash flow from investments-1,050694-216-252-948-1,369-29,317
Financing Activities
Bank loans7602,939
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,07026,501
Hire Purchase and Lease Commitments
other long term liabilities-29,743-2,66732,410
share issue991
interest-2,403-31228638522671682057464051939024
cash flow from financing-6,713-615-2,38132,4485226716820574640511929025
cash and cash equivalents
cash-3,999-28,606-27,94066,864-6,446-50,94756,238-4,982-1,6955,975-3,639-622-16,19317,2129,489
overdraft-135135
change in cash-3,999-28,606-27,94066,864-6,311-51,08256,238-4,982-1,6955,975-3,639-622-16,19317,2129,489

gmg finance limited 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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Gmg Finance Limited Competitor Analysis

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Perform a competitor analysis for gmg finance limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in PR9 area or any other competitors across 12 key performance metrics.

gmg finance limited Ownership

GMG FINANCE LIMITED group structure

Gmg Finance Limited has no subsidiary companies.

Ultimate parent company

GMG FINANCE LIMITED

06466661

GMG FINANCE LIMITED Shareholders

jeffrey peter mcveigh 60%
alison mcveigh 40%

gmg finance limited directors

Gmg Finance Limited currently has 1 director, Mr Jeffrey McVeigh serving since Jan 2008.

officercountryagestartendrole
Mr Jeffrey McVeighUnited Kingdom70 years Jan 2008- Director

P&L

February 2024

turnover

82.3k

-7%

operating profit

8.5k

0%

gross margin

38.4%

-1.27%

turnover

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

Balance Sheet

February 2024

net assets

380.6k

+0.01%

total assets

428k

-0.01%

cash

10.7k

-0.27%

net assets

Total assets minus all liabilities

gmg finance limited company details

company number

06466661

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

suite 3 43-45 hoghton street, southport, merseyside, PR9 0PG

Bank

-

Legal Advisor

-

gmg finance 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 found 1 charges/mortgages relating to gmg finance limited. Currently there are 1 open charges and 0 have been satisfied in the past.

gmg finance limited 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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gmg finance limited Companies House Filings - See Documents

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