globe impex ltd

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globe impex ltd Company Information

Share GLOBE IMPEX LTD

Company Number

06555566

Shareholders

sawan raikundalia

Group Structure

View All

Industry

Non-specialised wholesale trade

 +1

Registered Address

unit d6-a braintree road, braintree industrial estate, ruislip, HA4 0EJ

globe impex ltd Estimated Valuation

£2.2m

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

£3.2m

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

£6.1m

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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £5.6m, make it smaller than the average company (£7.9m)

£5.6m - Globe Impex Ltd

£7.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.6%)

-5% - Globe Impex Ltd

5.6% - Industry AVG

production

Production

with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)

29.8% - Globe Impex Ltd

29.8% - Industry AVG

profitability

Profitability

an operating margin of 12.9% make it more profitable than the average company (5.2%)

12.9% - Globe Impex Ltd

5.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (23)

2 - Globe Impex Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)

£38.3k - Globe Impex Ltd

£38.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.8m, this is more efficient (£286.3k)

£2.8m - Globe Impex Ltd

£286.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (43 days)

62 days - Globe Impex Ltd

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 85 days, this is slower than average (36 days)

85 days - Globe Impex Ltd

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 162 days, this is more than average (74 days)

162 days - Globe Impex Ltd

74 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover5,635,60011,736,4428,796,2806,549,0153,734,2056,301,97710,220,01913,587,926278,863328,945968,067194,793336,271196,835
Other Income Or Grants00000000000000
Cost Of Sales3,956,4518,244,2486,194,3814,571,6452,595,2845,970,5649,871,9849,271,151192,927227,362668,958133,957230,997135,068
Gross Profit1,679,1483,492,1952,601,8991,977,3701,138,921331,413348,0354,316,77585,936101,584299,11060,836105,27461,766
Admin Expenses955,1402,882,9222,046,3481,778,272840,81246,003140,3564,321,74797,412156,944276,02845,48989,70920,820
Operating Profit724,008609,273555,551199,098298,109285,410207,679-4,972-11,476-55,36023,08215,34715,56540,946
Interest Payable33,31323,62511,0560053,17028,8920000000
Interest Receivable34,5018,6467455292,41936017751320
Pre-Tax Profit725,196594,294545,240199,627300,528232,276178,787-4,955-11,469-55,35523,08315,35015,56840,946
Tax-181,299-112,916-103,596-37,929-57,100-44,199-35,920000-5,309-3,684-4,048-11,465
Profit After Tax543,897481,378441,644161,698243,428188,077142,867-4,955-11,469-55,35517,77411,66611,52029,481
Dividends Paid0000020,00035,0000000000
Retained Profit543,897481,378441,644161,698243,428168,077107,867-4,955-11,469-55,35517,77411,66611,52029,481
Employee Costs76,67773,75069,76867,771556,870915,2101,395,3981,759,63665,83464,425128,45130,91160,81730,199
Number Of Employees222216274253224121
EBITDA*724,008609,273555,551199,098298,109285,410207,679-4,972-11,476-55,36023,08215,34715,56540,946

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets594,083594,083594,08300000000000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets594,083594,083594,08300000000000
Stock & work in progress1,766,0651,841,706968,353239,577114,316154,1809,4252,659,10600076,41800
Trade Debtors969,5421,873,9311,539,0141,614,594851,6941,544,728800,370040,45050,435158,33812,84153,97530,995
Group Debtors00000000000000
Misc Debtors233,266212,572190,16838,33366,40527,64152,3099,600000014,34716,586
Cash277,2711,346,287959,277530,637527,579117,5566,7875,6371,1071,860874388500
misc current assets00000000000000
total current assets3,246,1445,274,4963,656,8122,423,1411,559,9941,844,105868,8912,674,34341,55752,295158,42589,69769,17247,581
total assets3,840,2275,868,5794,250,8952,423,1411,559,9941,844,105868,8912,674,34341,55752,295158,42589,69769,17247,581
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 924,0973,309,7702,384,2781,346,477463,466881,709347,4432,606,43237,93937,20887,98337,02928,17018,099
Group/Directors Accounts000000058,503000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities455,979617,555381,741396,931578,493687,789414,91810,745000000
total current liabilities1,380,0763,927,3252,766,0191,743,4081,041,9591,569,498762,3612,675,68037,93937,20887,98337,02928,17018,099
loans312,500337,500362,50000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities312,500337,500362,50000000000000
total liabilities1,692,5764,264,8253,128,5191,743,4081,041,9591,569,498762,3612,675,68037,93937,20887,98337,02928,17018,099
net assets2,147,6511,603,7541,122,376679,733518,035274,607106,530-1,3373,61815,08770,44252,66841,00229,482
total shareholders funds2,147,6511,603,7541,122,376679,733518,035274,607106,530-1,3373,61815,08770,44252,66841,00229,482
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit724,008609,273555,551199,098298,109285,410207,679-4,972-11,476-55,36023,08215,34715,56540,946
Depreciation00000000000000
Amortisation00000000000000
Tax-181,299-112,916-103,596-37,929-57,100-44,199-35,920000-5,309-3,684-4,048-11,465
Stock-75,641873,353728,776125,261-39,864144,755-2,649,6812,659,10600-76,41876,41800
Debtors-883,695357,32176,255734,828-654,270719,690843,079-30,850-9,985-107,903145,497-55,48120,74147,581
Creditors-2,385,673925,4921,037,801883,011-418,243534,266-2,258,9892,568,493731-50,77550,9548,85910,07118,099
Accruals and Deferred Income-161,576235,814-15,190-181,562-109,296272,871404,17310,745000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-1,045,204426,989669,5352,529407,604183,903123,545-53,990-7601,768-352-415847-1
Investing Activities
capital expenditure00-594,08300000000000
Change in Investments00000000000000
cash flow from investments00-594,08300000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000000-58,50358,503000000
Other Short Term Loans 00000000000000
Long term loans-25,000-25,000362,50000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0099900000000001
interest1,188-14,979-10,3115292,419-53,134-28,89217751320
cash flow from financing-23,812-39,979353,1885292,419-53,134-87,39558,520751321
cash and cash equivalents
cash-1,069,016387,010428,6403,058410,023110,7691,1504,530-7531,773-351-4128500
overdraft00000000000000
change in cash-1,069,016387,010428,6403,058410,023110,7691,1504,530-7531,773-351-4128500

globe impex 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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Globe Impex Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

sawan raikundalia 100%

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).

officercountryagestartendrole
Mr Sawan RaikundaliaEngland40 years Apr 2008- Director
Mr Nishit RaikundaliaEngland50 years Sep 2019- Director

P&L

April 2023

turnover

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 2023

net 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

None

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.

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globe impex ltd Companies House Filings - See Documents

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