globes business enterprises ltd
globes business enterprises ltd Company Information
Company Number
07169286
Registered Address
10 new bartholomew street, birmingham, west midlands, B5 5QS
Industry
Other amusement and recreation activities
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
glenton easy 95%
matthew james allen 5%
globes business enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBES BUSINESS ENTERPRISES LTD at £16.8k based on a Turnover of £22.7k and 0.74x industry multiple (adjusted for size and gross margin).
globes business enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBES BUSINESS ENTERPRISES LTD at £0 based on an EBITDA of £-3.1k and a 2.86x industry multiple (adjusted for size and gross margin).
globes business enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBES BUSINESS ENTERPRISES LTD at £0 based on Net Assets of £-20k and 1.89x industry multiple (adjusted for liquidity).
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Globes Business Enterprises Ltd Overview
Globes Business Enterprises Ltd is a live company located in west midlands, B5 5QS with a Companies House number of 07169286. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in February 2010, it's largest shareholder is glenton easy with a 95% stake. Globes Business Enterprises Ltd is a established, micro sized company, Pomanda has estimated its turnover at £22.7k with high growth in recent years.
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Globes Business Enterprises Ltd Health Check
Pomanda's financial health check has awarded Globes Business Enterprises Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £22.7k, make it smaller than the average company (£326.1k)
- Globes Business Enterprises Ltd
£326.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (12.9%)
- Globes Business Enterprises Ltd
12.9% - Industry AVG
Production
with a gross margin of 37%, this company has a higher cost of product (59.4%)
- Globes Business Enterprises Ltd
59.4% - Industry AVG
Profitability
an operating margin of -13.5% make it less profitable than the average company (9.2%)
- Globes Business Enterprises Ltd
9.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Globes Business Enterprises Ltd
10 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has an equivalent pay structure (£17.7k)
- Globes Business Enterprises Ltd
£17.7k - Industry AVG
Efficiency
resulting in sales per employee of £11.4k, this is less efficient (£47.4k)
- Globes Business Enterprises Ltd
£47.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (10 days)
- Globes Business Enterprises Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (43 days)
- Globes Business Enterprises Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Globes Business Enterprises Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Globes Business Enterprises Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26772%, this is a higher level of debt than the average (27.8%)
26772% - Globes Business Enterprises Ltd
27.8% - Industry AVG
GLOBES BUSINESS ENTERPRISES LTD financials
Globes Business Enterprises Ltd's latest turnover from March 2024 is estimated at £22.7 thousand and the company has net assets of -£20 thousand. According to their latest financial statements, Globes Business Enterprises Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 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 | 1 | 1 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 75 | 1 | 46 | 0 | 127 | 53 | 11 | 3 | 1 | 1 | 0 | 1 | 1 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 200 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 75 | 1 | 46 | 0 | 127 | 53 | 11 | 3 | 3 | 1 | 0 | 1 | 1 | 201 |
| total assets | 75 | 1 | 46 | 0 | 127 | 53 | 12 | 4 | 3 | 1 | 0 | 1 | 1 | 201 |
| 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 | 1,156 | 1,121 | 1,061 | 1,107 | 1,061 | 1,086 | 1,012 | 1,112 | 1,062 | 1,120 | 0 | 1,508 | 1,283 | 690 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,156 | 1,121 | 1,061 | 1,107 | 1,061 | 1,086 | 1,012 | 1,112 | 1,062 | 1,120 | 0 | 1,508 | 1,283 | 690 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 18,923 | 15,804 | 12,635 | 10,480 | 7,620 | 6,710 | 5,624 | 3,809 | 3,454 | 3,254 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,923 | 15,804 | 12,635 | 10,480 | 7,620 | 6,710 | 5,624 | 3,809 | 3,454 | 3,254 | 0 | 0 | 0 | 0 |
| total liabilities | 20,079 | 16,925 | 13,696 | 11,587 | 8,681 | 7,796 | 6,636 | 4,921 | 4,516 | 4,374 | 0 | 1,508 | 1,283 | 690 |
| net assets | -20,004 | -16,924 | -13,650 | -11,587 | -8,554 | -7,743 | -6,624 | -4,917 | -4,513 | -4,373 | 0 | -1,507 | -1,282 | -489 |
| total shareholders funds | -20,004 | -16,924 | -13,650 | -11,587 | -8,554 | -7,743 | -6,624 | -4,917 | -4,513 | -4,373 | 0 | -1,507 | -1,282 | -489 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 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 | |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 74 | -45 | 46 | -127 | 74 | 42 | 8 | 2 | 0 | 1 | -1 | 0 | 0 | 1 |
| Creditors | 35 | 60 | -46 | 46 | -25 | 74 | -100 | 50 | -58 | 1,120 | -1,508 | 225 | 593 | 690 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 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 | 0 | 0 | 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 | 0 | 0 | 0 | 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 | 3,119 | 3,169 | 2,155 | 2,860 | 910 | 1,086 | 1,815 | 355 | 200 | 3,254 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 2 | 0 | 0 | 0 | -200 | 200 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 2 | 0 | 0 | 0 | -200 | 200 |
globes business enterprises ltd Credit Report and Business Information
Globes Business Enterprises Ltd Competitor Analysis
Perform a competitor analysis for globes business enterprises ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in B 5 area or any other competitors across 12 key performance metrics.
globes business enterprises ltd Ownership
GLOBES BUSINESS ENTERPRISES LTD group structure
Globes Business Enterprises Ltd has no subsidiary companies.
Ultimate parent company
GLOBES BUSINESS ENTERPRISES LTD
07169286
globes business enterprises ltd directors
Globes Business Enterprises Ltd currently has 2 directors. The longest serving directors include Mr Glenton Easy (Feb 2010) and Mr Matthew Allen (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Glenton Easy | England | 57 years | Feb 2010 | - | Director |
| Mr Matthew Allen | England | 44 years | Sep 2018 | - | Director |
P&L
March 2024turnover
22.7k
+97%
operating profit
-3.1k
0%
gross margin
37.1%
+15.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-20k
+0.18%
total assets
75
+74%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
globes business enterprises ltd company details
company number
07169286
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
February 2010
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
globes engagement services limited (August 2017)
globes entertainment limited (November 2016)
accountant
-
auditor
-
address
10 new bartholomew street, birmingham, west midlands, B5 5QS
Bank
-
Legal Advisor
-
globes business enterprises 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 did not find charges/mortgages relating to globes business enterprises ltd.
globes business enterprises ltd Companies House Filings - See Documents
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