gemech ltd
gemech ltd Company Information
Company Number
07212372
Website
www.gemech.co.ukRegistered Address
unit 12 kenn court, south bristol business park, bristol, BS4 1UL
Industry
Development of building projects
Telephone
01173015480
Next Accounts Due
March 2025
Group Structure
View All
Directors
David Garner9 Years
Shareholders
gemech foundations group ltd 100%
gemech ltd Estimated Valuation
Pomanda estimates the enterprise value of GEMECH LTD at £3.2m based on a Turnover of £6.2m and 0.51x industry multiple (adjusted for size and gross margin).
gemech ltd Estimated Valuation
Pomanda estimates the enterprise value of GEMECH LTD at £1.8m based on an EBITDA of £456.5k and a 3.84x industry multiple (adjusted for size and gross margin).
gemech ltd Estimated Valuation
Pomanda estimates the enterprise value of GEMECH LTD at £3.1m based on Net Assets of £2.4m and 1.31x industry multiple (adjusted for liquidity).
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Gemech Ltd Overview
Gemech Ltd is a live company located in bristol, BS4 1UL with a Companies House number of 07212372. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2010, it's largest shareholder is gemech foundations group ltd with a 100% stake. Gemech Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.2m with declining growth in recent years.
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Gemech Ltd Health Check
Pomanda's financial health check has awarded Gemech Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £6.2m, make it larger than the average company (£2.3m)
- Gemech Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (2.8%)
- Gemech Ltd
2.8% - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)
- Gemech Ltd
25.4% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (7%)
- Gemech Ltd
7% - Industry AVG
Employees
with 43 employees, this is above the industry average (6)
43 - Gemech Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Gemech Ltd
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £143.6k, this is less efficient (£293.5k)
- Gemech Ltd
£293.5k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (27 days)
- Gemech Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (30 days)
- Gemech Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (181 days)
- Gemech Ltd
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (12 weeks)
77 weeks - Gemech Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19%, this is a lower level of debt than the average (74.3%)
19% - Gemech Ltd
74.3% - Industry AVG
GEMECH LTD financials
Gemech Ltd's latest turnover from June 2023 is estimated at £6.2 million and the company has net assets of £2.4 million. According to their latest financial statements, Gemech Ltd has 43 employees and maintains cash reserves of £834.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 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 | 43 | 45 | 39 | 40 | 42 | 37 | 32 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 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 | 112,548 | 137,286 | 162,024 | 186,762 | 211,500 | 236,238 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 112,548 | 137,286 | 162,024 | 186,762 | 211,500 | 236,238 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 20,146 | 30,483 | 90,256 | 73,781 | 7,000 | 86,019 | 257,044 | 134,371 | 56,219 | 131,520 | 78,237 | 21,587 | 0 |
| Trade Debtors | 543,360 | 1,655,215 | 1,667,161 | 1,422,477 | 1,170,029 | 1,186,236 | 1,131,074 | 1,239,740 | 752,576 | 1,208,025 | 736,158 | 671,585 | 0 |
| Group Debtors | 965,317 | 523,397 | 120,963 | 0 | 23,763 | 367,963 | 0 | 1,518 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 577,341 | 566,642 | 525,560 | 591,185 | 442,009 | 21,963 | 41,438 | 15,247 | 0 | 0 | 0 | 0 | 0 |
| Cash | 834,862 | 804,885 | 586,583 | 570,530 | 422,242 | 175,862 | 619,398 | 361,735 | 734,226 | 119,912 | 59,976 | 100,462 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,941,026 | 3,580,622 | 2,990,523 | 2,657,973 | 2,065,043 | 1,838,043 | 2,048,954 | 1,752,611 | 1,543,021 | 1,459,457 | 874,371 | 793,634 | 0 |
| total assets | 2,941,026 | 3,580,622 | 2,990,523 | 2,770,521 | 2,202,329 | 2,000,067 | 2,235,716 | 1,964,111 | 1,779,259 | 1,459,457 | 874,371 | 793,634 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 331,553 | 1,323,384 | 1,031,184 | 839,800 | 562,676 | 516,201 | 926,101 | 575,724 | 1,025,798 | 1,123,524 | 802,579 | 758,657 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 55,615 | 55,615 | 50,135 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 226,171 | 247,083 | 158,052 | 281,790 | 270,658 | 305,904 | 238,992 | 447,273 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 557,724 | 1,570,467 | 1,189,236 | 1,121,590 | 833,334 | 877,732 | 1,220,708 | 1,073,132 | 1,025,798 | 1,123,524 | 802,579 | 758,657 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 5,480 | 61,095 | 116,710 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 166,845 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 5,480 | 61,095 | 116,710 | 166,845 | 0 | 0 | 0 | 0 |
| total liabilities | 557,724 | 1,570,467 | 1,189,236 | 1,121,590 | 833,334 | 883,212 | 1,281,803 | 1,189,842 | 1,192,643 | 1,123,524 | 802,579 | 758,657 | 0 |
| net assets | 2,383,302 | 2,010,155 | 1,801,287 | 1,648,931 | 1,368,995 | 1,116,855 | 953,913 | 774,269 | 586,616 | 335,933 | 71,792 | 34,977 | 0 |
| total shareholders funds | 2,383,302 | 2,010,155 | 1,801,287 | 1,648,931 | 1,368,995 | 1,116,855 | 953,913 | 774,269 | 586,616 | 335,933 | 71,792 | 34,977 | 0 |
| Jun 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 | 24,739 | 24,738 | 24,738 | 24,738 | 24,738 | 24,738 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||||
| Stock | -10,337 | -59,773 | 16,475 | 66,781 | -79,019 | -171,025 | 122,673 | 78,152 | -75,301 | 53,283 | 56,650 | 21,587 | 0 |
| Debtors | -659,236 | 431,570 | 300,022 | 377,861 | 59,639 | 403,650 | -83,993 | 503,929 | -455,449 | 471,867 | 64,573 | 671,585 | 0 |
| Creditors | -991,831 | 292,200 | 191,384 | 277,124 | 46,475 | -409,900 | 350,377 | -450,074 | -97,726 | 320,945 | 43,922 | 758,657 | 0 |
| Accruals and Deferred Income | -20,912 | 89,031 | -123,738 | 11,132 | -35,246 | 66,912 | -208,281 | 447,273 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -12 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -61,095 | -55,615 | -50,135 | 166,845 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -166,845 | 166,845 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 29,977 | 218,302 | 16,053 | 148,288 | 246,380 | -443,536 | 257,663 | -372,491 | 614,314 | 59,936 | -40,486 | 100,462 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,977 | 218,302 | 16,053 | 148,288 | 246,380 | -443,536 | 257,663 | -372,491 | 614,314 | 59,936 | -40,486 | 100,462 | 0 |
gemech ltd Credit Report and Business Information
Gemech Ltd Competitor Analysis
Perform a competitor analysis for gemech ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gemech ltd Ownership
GEMECH LTD group structure
Gemech Ltd has no subsidiary companies.
gemech ltd directors
Gemech Ltd currently has 1 director, Mr David Garner serving since Nov 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Garner | England | 67 years | Nov 2014 | - | Director |
P&L
June 2023turnover
6.2m
-52%
operating profit
456.5k
0%
gross margin
25.5%
+6.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.4m
+0.19%
total assets
2.9m
-0.18%
cash
834.9k
+0.04%
net assets
Total assets minus all liabilities
gemech ltd company details
company number
07212372
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
gemech plant ltd (May 2011)
incorporated
UK
address
unit 12 kenn court, south bristol business park, bristol, BS4 1UL
last accounts submitted
June 2023
gemech 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 gemech ltd.
gemech ltd Companies House Filings - See Documents
| date | description | view/download |
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