Group Gear Limited

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group gear limited Company Information

Company Number

07822851

Next Accounts

Sep 2025

Directors

Lea Young

John Caswell

Shareholders

group gear holdings limited

malcolm dudley

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Group Structure

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Industry

Wholesale of computers, computer peripheral equipment and software

Registered Address

unit 1 antler buildings, bromsgrove road, halesowen, west midlands, B63 3HJ

Website

www.groupgear.co.uk

group gear limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of GROUP GEAR LIMITED at £1.1m based on a Turnover of £3.6m and 0.3x industry multiple (adjusted for size and gross margin).

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Group Gear Limited is a live company located in halesowen, B63 3HJ with a Companies House number of 07822851. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in October 2011, it's largest shareholder is group gear holdings limited with a 82.6% stake. Group Gear Limited is a established, small sized company, Pomanda has estimated its turnover at £3.6m with declining growth in recent years.

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Pomanda's financial health check has awarded Group Gear Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

0 Strong

3 Regular

9 Weak

Size

annual sales of £3.6m, make it smaller than the average company (£20.4m)

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.3%)

EXPORT

Group Gear Limited's latest turnover from December 2023 is estimated at £3.6 million and the company has net assets of £260.9 thousand. According to their latest financial statements, Group Gear Limited has 9 employees and maintains cash reserves of £31.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
Turnover	3,603,732	4,035,354	4,405,386	4,420,714	4,990,193	4,624,402	4,230,688	4,435,032	3,790,933	3,274,976	3,870,725	4,629,249
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,898,797	3,269,516	3,616,543	3,607,685	4,149,432	3,911,798	3,571,799	3,758,518	3,232,059	2,764,469	3,251,742	3,845,900
Gross Profit	704,935	765,838	788,843	813,029	840,761	712,604	658,889	676,514	558,874	510,507	618,984	783,349
Admin Expenses	644,050	580,639	1,613,347	600,710	665,938	535,712	618,442	480,376	424,935	350,362	474,025	729,716
Operating Profit	60,885	185,199	-824,504	212,319	174,823	176,892	40,447	196,138	133,939	160,145	144,959	53,633
Interest Payable	36,124	34,954	17,955	18,233	24,737	21,672	15,889	9,546	4,133	0	0	0
Interest Receivable	1,770	1,521	243	125	752	715	783	525	775	497	234	3
Pre-Tax Profit	26,531	151,765	-842,216	194,211	150,838	155,935	25,341	187,118	130,581	160,642	145,194	53,636
Tax	-6,633	-28,835	0	-36,900	-28,659	-29,628	-4,815	-37,423	-26,116	-33,735	-33,395	-12,873
Profit After Tax	19,898	122,930	-842,216	157,311	122,179	126,307	20,526	149,694	104,465	126,907	111,799	40,763
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	19,898	122,930	-842,216	157,311	122,179	126,307	20,526	149,694	104,465	126,907	111,799	40,763
Employee Costs	567,216	594,275	681,425	828,259	983,534	886,341	904,823	891,444	727,211	269,719	329,782	422,756
Number Of Employees	9	10	12	15	18	16	17	17	16	6	8	10
EBITDA*	66,500	191,545	-817,405	215,422	177,032	181,664	47,489	204,695	143,105	178,995	183,832	68,629

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
Tangible Assets	5,270	4,386	9,636	14,267	7,853	1,804	6,576	9,272	15,721	18,683	16,638	73,239
Intangible Assets	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
Debtors (Due After 1 year)	81,417	81,417	81,417	165,649	167,085	0	0	0	0	0	0	0
Total Fixed Assets	86,687	85,803	91,053	179,916	174,938	1,804	6,576	9,272	15,721	18,683	16,638	73,239
Stock & work in progress	434,676	615,112	537,086	438,788	475,296	307,645	267,234	233,633	197,328	187,870	262,815	312,006
Trade Debtors	417,042	482,165	625,469	551,898	565,719	606,399	455,358	449,467	389,049	427,110	397,126	415,276
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	60,083	58,189	81,728	112,403	107,655	284,834	287,278	258,415	28,696	0	0	0
Cash	31,498	35,914	50,973	143,541	106,856	93,560	97,056	216,178	203,944	106,080	92,578	1,210
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	943,299	1,191,380	1,295,256	1,246,630	1,255,526	1,292,438	1,106,926	1,157,693	819,017	721,060	752,519	728,492
total assets	1,029,986	1,277,183	1,386,309	1,426,546	1,430,464	1,294,242	1,113,502	1,166,965	834,738	739,743	769,157	801,731
Bank overdraft	284,467	357,742	378,139	196,427	401,392	0	310,588	178,300	127,174	0	0	0
Bank loan	0	0	0	0	0	331,542	0	0	0	0	0	0
Trade Creditors	176,554	191,933	227,963	211,515	178,584	204,607	192,306	314,035	190,234	459,974	584,002	732,032
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	292,717	378,851	385,249	57,877	47,548	77,332	56,154	140,702	133,096	0	0	0
total current liabilities	753,738	928,526	991,351	465,819	627,524	613,481	559,048	633,037	450,504	459,974	584,002	732,032
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	15,385	107,692	276,923	0	0	0	0	0	0	0	32,293	28,935
provisions	0	0	0	476	0	0	0	0	0	0	0	0
total long term liabilities	15,385	107,692	276,923	476	0	0	0	0	0	0	32,293	28,935
total liabilities	769,123	1,036,218	1,268,274	466,295	627,524	613,481	559,048	633,037	450,504	459,974	616,295	760,967
net assets	260,863	240,965	118,035	960,251	802,940	680,761	554,454	533,928	384,234	279,769	152,862	40,764
total shareholders funds	260,863	240,965	118,035	960,251	802,940	680,761	554,454	533,928	384,234	279,769	152,862	40,764

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
Operating Activities
Operating Profit	60,885	185,199	-824,504	212,319	174,823	176,892	40,447	196,138	133,939	160,145	144,959	53,633
Depreciation	5,615	6,346	7,099	3,103	2,209	4,772	7,042	8,557	9,166	18,850	38,873	14,996
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-6,633	-28,835	0	-36,900	-28,659	-29,628	-4,815	-37,423	-26,116	-33,735	-33,395	-12,873
Stock	-180,436	78,026	98,298	-36,508	167,651	40,411	33,601	36,305	9,458	-74,945	-49,191	312,006
Debtors	-63,229	-166,843	-41,336	-10,509	-50,774	148,597	34,754	290,137	-9,365	29,984	-18,150	415,276
Creditors	-15,379	-36,030	16,448	32,931	-26,023	12,301	-121,729	123,801	-269,740	-124,028	-148,030	732,032
Accruals and Deferred Income	-86,134	-6,398	327,372	10,329	-29,784	21,178	-84,548	7,606	133,096	0	0	0
Deferred Taxes & Provisions	0	0	-476	476	0	0	0	0	0	0	0	0
Cash flow from operations	202,019	209,099	-531,023	269,275	-24,311	-3,493	-231,958	-27,763	-19,748	66,193	69,748	60,506
Investing Activities
capital expenditure	-6,499	-1,096	-2,468	-9,517	-8,258	0	-4,346	-2,108	-6,204	-20,895	17,728	-88,235
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-6,499	-1,096	-2,468	-9,517	-8,258	0	-4,346	-2,108	-6,204	-20,895	17,728	-88,235
Financing Activities
Bank loans	0	0	0	0	-331,542	331,542	0	0	0	0	0	0
Group/Directors Accounts	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
Long term loans	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
other long term liabilities	-92,307	-169,231	276,923	0	0	0	0	0	0	-32,293	3,358	28,935
share issue	0	0	0	0	0	0	0	0	0	0	299	1
interest	-34,354	-33,433	-17,712	-18,108	-23,985	-20,957	-15,106	-9,021	-3,358	497	234	3
cash flow from financing	-126,661	-202,664	259,211	-18,108	-355,527	310,585	-15,106	-9,021	-3,358	-31,796	3,891	28,939
cash and cash equivalents
cash	-4,416	-15,059	-92,568	36,685	13,296	-3,496	-119,122	12,234	97,864	13,502	91,368	1,210
overdraft	-73,275	-20,397	181,712	-204,965	401,392	-310,588	132,288	51,126	127,174	0	0	0
change in cash	68,859	5,338	-274,280	241,650	-388,096	307,092	-251,410	-38,892	-29,310	13,502	91,368	1,210

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for group gear limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B63 area or any other competitors across 12 key performance metrics.

GROUP GEAR LIMITED group structure

Group Gear Limited has no subsidiary companies.

Ultimate parent company

GROUP GEAR LIMITED

07822851

GROUP GEAR LIMITED Shareholders

group gear holdings limited	82.64%
malcolm dudley	10.74%
kathleen dudley	6.61%

Group Gear Limited currently has 2 directors. The longest serving directors include Mr Lea Young (Oct 2021) and Mr John Caswell (Oct 2021).

officer	country	age	start	end	role
Mr Lea Young	United Kingdom	53 years	Oct 2021	-	Director
Mr John Caswell		42 years	Oct 2021	-	Director

P&L

December 2023

turnover

3.6m

-11%

operating profit

60.9k

gross margin

19.6%

+3.07%

turnover

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

Balance Sheet

December 2023

net assets

260.9k

+0.08%

total assets

-0.19%

cash

31.5k

-0.12%

net assets

Total assets minus all liabilities

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company number

07822851

Type

Private limited with Share Capital

industry

46510 - Wholesale of computers, computer peripheral equipment and software

incorporation date

October 2011

ultimate parent company

None

previous names

N/A

address

unit 1 antler buildings, bromsgrove road, halesowen, west midlands, B63 3HJ

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 3 charges/mortgages relating to group gear limited. Currently there are 3 open charges and 0 have been satisfied in the past.

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group gear limited Company Information

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group gear limited Estimated Valuation

group gear limited Estimated Valuation

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