globe impex ltd Company Information
Company Number
06555566
Next Accounts
4 days late
Shareholders
sawan raikundalia
Group Structure
View All
Industry
Non-specialised wholesale trade
+1Registered Address
unit d6-a braintree road, braintree industrial estate, ruislip, HA4 0EJ
Website
globeimpexltd.co.ukglobe impex ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBE IMPEX LTD at £2.2m based on a Turnover of £5.6m and 0.38x industry multiple (adjusted for size and gross margin).
globe impex ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBE IMPEX LTD at £3.2m based on an EBITDA of £724k and a 4.35x industry multiple (adjusted for size and gross margin).
globe impex ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBE IMPEX LTD at £6.1m based on Net Assets of £2.1m and 2.84x industry multiple (adjusted for liquidity).
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Globe Impex Ltd Overview
Globe Impex Ltd is a live company located in ruislip, HA4 0EJ with a Companies House number of 06555566. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in April 2008, it's largest shareholder is sawan raikundalia with a 100% stake. Globe Impex Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.6m with declining growth in recent years.
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Globe Impex Ltd Health Check
Pomanda's financial health check has awarded Globe Impex Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £5.6m, make it smaller than the average company (£7.9m)
- Globe Impex Ltd
£7.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.6%)
- Globe Impex Ltd
5.6% - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
- Globe Impex Ltd
29.8% - Industry AVG
Profitability
an operating margin of 12.9% make it more profitable than the average company (5.2%)
- Globe Impex Ltd
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Globe Impex Ltd
23 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Globe Impex Ltd
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £2.8m, this is more efficient (£286.3k)
- Globe Impex Ltd
£286.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (43 days)
- Globe Impex Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (36 days)
- Globe Impex Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 162 days, this is more than average (74 days)
- Globe Impex Ltd
74 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (20 weeks)
10 weeks - Globe Impex Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.1%, this is a lower level of debt than the average (56.1%)
44.1% - Globe Impex Ltd
56.1% - Industry AVG
GLOBE IMPEX LTD financials
Globe Impex Ltd's latest turnover from April 2023 is estimated at £5.6 million and the company has net assets of £2.1 million. According to their latest financial statements, Globe Impex Ltd has 2 employees and maintains cash reserves of £277.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 6,301,977 | 10,220,019 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 5,970,564 | 9,871,984 | ||||||||||||
Gross Profit | 331,413 | 348,035 | ||||||||||||
Admin Expenses | 46,003 | 140,356 | ||||||||||||
Operating Profit | 285,410 | 207,679 | ||||||||||||
Interest Payable | 53,170 | 28,892 | ||||||||||||
Interest Receivable | 36 | 0 | ||||||||||||
Pre-Tax Profit | 232,276 | 178,787 | ||||||||||||
Tax | -44,199 | -35,920 | ||||||||||||
Profit After Tax | 188,077 | 142,867 | ||||||||||||
Dividends Paid | 20,000 | 35,000 | ||||||||||||
Retained Profit | 168,077 | 107,867 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | ||||||||||
EBITDA* | 285,410 | 207,679 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 594,083 | 594,083 | 594,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 594,083 | 594,083 | 594,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 1,766,065 | 1,841,706 | 968,353 | 239,577 | 114,316 | 154,180 | 9,425 | 2,659,106 | 0 | 0 | 0 | 76,418 | 0 | 0 |
Trade Debtors | 969,542 | 1,873,931 | 1,539,014 | 1,614,594 | 851,694 | 1,544,728 | 800,370 | 0 | 40,450 | 50,435 | 158,338 | 12,841 | 53,975 | 30,995 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 233,266 | 212,572 | 190,168 | 38,333 | 66,405 | 27,641 | 52,309 | 9,600 | 0 | 0 | 0 | 0 | 14,347 | 16,586 |
Cash | 277,271 | 1,346,287 | 959,277 | 530,637 | 527,579 | 117,556 | 6,787 | 5,637 | 1,107 | 1,860 | 87 | 438 | 850 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,246,144 | 5,274,496 | 3,656,812 | 2,423,141 | 1,559,994 | 1,844,105 | 868,891 | 2,674,343 | 41,557 | 52,295 | 158,425 | 89,697 | 69,172 | 47,581 |
total assets | 3,840,227 | 5,868,579 | 4,250,895 | 2,423,141 | 1,559,994 | 1,844,105 | 868,891 | 2,674,343 | 41,557 | 52,295 | 158,425 | 89,697 | 69,172 | 47,581 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 924,097 | 3,309,770 | 2,384,278 | 1,346,477 | 463,466 | 881,709 | 347,443 | 2,606,432 | 37,939 | 37,208 | 87,983 | 37,029 | 28,170 | 18,099 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58,503 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 455,979 | 617,555 | 381,741 | 396,931 | 578,493 | 687,789 | 414,918 | 10,745 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,380,076 | 3,927,325 | 2,766,019 | 1,743,408 | 1,041,959 | 1,569,498 | 762,361 | 2,675,680 | 37,939 | 37,208 | 87,983 | 37,029 | 28,170 | 18,099 |
loans | 312,500 | 337,500 | 362,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 312,500 | 337,500 | 362,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,692,576 | 4,264,825 | 3,128,519 | 1,743,408 | 1,041,959 | 1,569,498 | 762,361 | 2,675,680 | 37,939 | 37,208 | 87,983 | 37,029 | 28,170 | 18,099 |
net assets | 2,147,651 | 1,603,754 | 1,122,376 | 679,733 | 518,035 | 274,607 | 106,530 | -1,337 | 3,618 | 15,087 | 70,442 | 52,668 | 41,002 | 29,482 |
total shareholders funds | 2,147,651 | 1,603,754 | 1,122,376 | 679,733 | 518,035 | 274,607 | 106,530 | -1,337 | 3,618 | 15,087 | 70,442 | 52,668 | 41,002 | 29,482 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 285,410 | 207,679 | ||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -44,199 | -35,920 | ||||||||||||
Stock | -75,641 | 873,353 | 728,776 | 125,261 | -39,864 | 144,755 | -2,649,681 | 2,659,106 | 0 | 0 | -76,418 | 76,418 | 0 | 0 |
Debtors | -883,695 | 357,321 | 76,255 | 734,828 | -654,270 | 719,690 | 843,079 | -30,850 | -9,985 | -107,903 | 145,497 | -55,481 | 20,741 | 47,581 |
Creditors | -2,385,673 | 925,492 | 1,037,801 | 883,011 | -418,243 | 534,266 | -2,258,989 | 2,568,493 | 731 | -50,775 | 50,954 | 8,859 | 10,071 | 18,099 |
Accruals and Deferred Income | -161,576 | 235,814 | -15,190 | -181,562 | -109,296 | 272,871 | 404,173 | 10,745 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 183,903 | 123,545 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -58,503 | 58,503 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -25,000 | -25,000 | 362,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -53,134 | -28,892 | ||||||||||||
cash flow from financing | -53,134 | -87,395 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -1,069,016 | 387,010 | 428,640 | 3,058 | 410,023 | 110,769 | 1,150 | 4,530 | -753 | 1,773 | -351 | -412 | 850 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,069,016 | 387,010 | 428,640 | 3,058 | 410,023 | 110,769 | 1,150 | 4,530 | -753 | 1,773 | -351 | -412 | 850 | 0 |
globe impex ltd Credit Report and Business Information
Globe Impex Ltd Competitor Analysis
Perform a competitor analysis for globe impex ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in HA4 area or any other competitors across 12 key performance metrics.
globe impex ltd Ownership
GLOBE IMPEX LTD group structure
Globe Impex Ltd has no subsidiary companies.
Ultimate parent company
GLOBE IMPEX LTD
06555566
globe impex ltd directors
Globe Impex Ltd currently has 2 directors. The longest serving directors include Mr Sawan Raikundalia (Apr 2008) and Mr Nishit Raikundalia (Sep 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Sawan Raikundalia | England | 40 years | Apr 2008 | - | Director |
Mr Nishit Raikundalia | England | 50 years | Sep 2019 | - | Director |
P&L
April 2023turnover
5.6m
-52%
operating profit
724k
0%
gross margin
29.8%
+0.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.1m
+0.34%
total assets
3.8m
-0.35%
cash
277.3k
-0.79%
net assets
Total assets minus all liabilities
globe impex ltd company details
company number
06555566
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
47990 - Other retail sale not in stores, stalls or markets
incorporation date
April 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
sapphire trading & marketing ltd (April 2008)
accountant
-
auditor
-
address
unit d6-a braintree road, braintree industrial estate, ruislip, HA4 0EJ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
globe impex 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 2 charges/mortgages relating to globe impex ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
globe impex 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 GLOBE IMPEX LTD. This can take several minutes, an email will notify you when this has completed.
globe impex ltd Companies House Filings - See Documents
date | description | view/download |
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