getronics services uk limited
getronics services uk limited Company Information
Company Number
07966594
Next Accounts
Sep 2025
Shareholders
gtn services bv
Group Structure
View All
Industry
Other information technology and computer service activities
+3Registered Address
huckletree /level 2, 8 bishopsgate, london, EC2N 4BQ
Website
www.getronics.comgetronics services uk limited Estimated Valuation
Pomanda estimates the enterprise value of GETRONICS SERVICES UK LIMITED at £35.1m based on a Turnover of £38.7m and 0.91x industry multiple (adjusted for size and gross margin).
getronics services uk limited Estimated Valuation
Pomanda estimates the enterprise value of GETRONICS SERVICES UK LIMITED at £0 based on an EBITDA of £-1.6m and a 6.39x industry multiple (adjusted for size and gross margin).
getronics services uk limited Estimated Valuation
Pomanda estimates the enterprise value of GETRONICS SERVICES UK LIMITED at £0 based on Net Assets of £-18.9m and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Getronics Services Uk Limited Overview
Getronics Services Uk Limited is a live company located in london, EC2N 4BQ with a Companies House number of 07966594. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2012, it's largest shareholder is gtn services bv with a 100% stake. Getronics Services Uk Limited is a established, large sized company, Pomanda has estimated its turnover at £38.7m with declining growth in recent years.
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Getronics Services Uk Limited Health Check
Pomanda's financial health check has awarded Getronics Services Uk Limited a 2.5 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 £38.7m, make it larger than the average company (£4.3m)
£38.7m - Getronics Services Uk Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8%)
-4% - Getronics Services Uk Limited
8% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (50%)
21.7% - Getronics Services Uk Limited
50% - Industry AVG
Profitability
an operating margin of -5.5% make it less profitable than the average company (4.3%)
-5.5% - Getronics Services Uk Limited
4.3% - Industry AVG
Employees
with 363 employees, this is above the industry average (25)
363 - Getronics Services Uk Limited
25 - Industry AVG
Pay Structure
on an average salary of £40k, the company has a lower pay structure (£60.6k)
£40k - Getronics Services Uk Limited
£60.6k - Industry AVG
Efficiency
resulting in sales per employee of £106.5k, this is less efficient (£147k)
£106.5k - Getronics Services Uk Limited
£147k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (55 days)
56 days - Getronics Services Uk Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (33 days)
36 days - Getronics Services Uk Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (16 days)
0 days - Getronics Services Uk Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Getronics Services Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120%, this is a higher level of debt than the average (64.9%)
120% - Getronics Services Uk Limited
64.9% - Industry AVG
GETRONICS SERVICES UK LIMITED financials
Getronics Services Uk Limited's latest turnover from December 2023 is £38.7 million and the company has net assets of -£18.9 million. According to their latest financial statements, Getronics Services Uk Limited has 363 employees and maintains cash reserves of £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 | 38,675,000 | 38,011,000 | 36,880,000 | 43,252,000 | 50,466,000 | 58,320,000 | 66,600,000 | 66,005,000 | 52,370,000 | 55,461,000 | 63,837,000 | 47,404,000 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 30,295,000 | 30,734,000 | 29,652,000 | 35,308,000 | 40,887,000 | 49,463,000 | 56,881,000 | 53,567,000 | 42,278,000 | 46,467,000 | 55,024,000 | 37,941,000 |
| Gross Profit | 8,380,000 | 7,277,000 | 7,228,000 | 7,944,000 | 9,579,000 | 8,857,000 | 9,719,000 | 12,438,000 | 10,092,000 | 8,994,000 | 8,813,000 | 9,463,000 |
| Admin Expenses | 10,512,000 | 2,239,000 | 10,297,000 | 13,038,000 | 10,187,000 | 12,213,000 | 13,336,000 | 14,973,000 | 12,474,000 | 11,793,000 | 15,016,000 | 11,582,000 |
| Operating Profit | -2,132,000 | 5,038,000 | -3,069,000 | -5,094,000 | -608,000 | -3,356,000 | -3,617,000 | -2,535,000 | -2,382,000 | -2,799,000 | -6,203,000 | -2,119,000 |
| Interest Payable | 2,899,000 | 1,150,000 | 419,000 | 220,000 | 446,000 | 280,000 | 555,000 | 783,000 | 1,116,000 | 1,537,000 | 926,000 | 185,000 |
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -5,031,000 | 3,888,000 | -3,488,000 | -5,314,000 | -1,054,000 | -3,636,000 | -6,692,000 | -3,613,000 | -790,000 | -5,536,000 | -7,129,000 | -2,304,000 |
| Tax | -1,383,000 | 22,000 | -220,000 | -142,000 | 634,000 | 1,023,000 | 963,000 | |||||
| Profit After Tax | -5,031,000 | 2,505,000 | -3,466,000 | -5,314,000 | -1,054,000 | -3,856,000 | -6,834,000 | -2,979,000 | 233,000 | -5,536,000 | -6,166,000 | -2,304,000 |
| Dividends Paid | ||||||||||||
| Retained Profit | -5,031,000 | 2,505,000 | -3,466,000 | -5,314,000 | -1,054,000 | -3,856,000 | -6,834,000 | -2,979,000 | 233,000 | -5,536,000 | -6,166,000 | -2,304,000 |
| Employee Costs | 14,536,000 | 16,423,000 | 18,371,000 | 19,365,000 | 21,287,000 | 21,619,000 | 24,058,000 | 21,618,000 | 20,950,000 | 24,132,000 | 26,754,000 | 20,292,000 |
| Number Of Employees | 363 | 383 | 411 | 438 | 485 | 523 | 534 | 512 | 494 | 545 | 593 | 554 |
| EBITDA* | -1,600,000 | 5,509,000 | -2,377,000 | -4,012,000 | 1,205,000 | -1,332,000 | -1,379,000 | 358,000 | 289,000 | 714,000 | -2,125,000 | 94,000 |
* 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 | 3,411,000 | 4,261,000 | 5,651,000 | 2,684,000 | 2,844,000 | 3,362,000 | 5,026,000 | 5,323,000 | 6,244,000 | 6,865,000 | 7,664,000 | 7,886,000 |
| Intangible Assets | 1,245,000 | 1,285,000 | 1,349,000 | 1,434,000 | 1,562,000 | 1,509,000 | 1,726,000 | 2,192,000 | 3,029,000 | 3,300,000 | 3,954,000 | 5,121,000 |
| Investments & Other | 600,000 | 119,000 | 265,000 | 265,000 | 265,000 | |||||||
| Debtors (Due After 1 year) | 2,637,000 | 3,103,000 | 22,000 | |||||||||
| Total Fixed Assets | 4,656,000 | 5,546,000 | 6,978,000 | 4,118,000 | 4,406,000 | 4,871,000 | 6,752,000 | 7,515,000 | 9,273,000 | 10,165,000 | 11,618,000 | 13,007,000 |
| Stock & work in progress | 12,000 | 91,000 | 58,000 | 19,000 | 67,000 | 150,000 | 528,000 | 466,000 | 439,000 | 162,000 | 207,000 | 837,000 |
| Trade Debtors | 5,960,000 | 5,207,000 | 5,194,000 | 6,227,000 | 6,457,000 | 12,651,000 | 14,617,000 | 15,199,000 | 12,464,000 | 8,261,000 | 10,762,000 | 12,856,000 |
| Group Debtors | 81,879,000 | 65,429,000 | 13,940,000 | 57,896,000 | 41,082,000 | 34,511,000 | 5,209,000 | 5,573,000 | 4,370,000 | 5,933,000 | 522,000 | 2,662,000 |
| Misc Debtors | 1,871,000 | 1,669,000 | 2,361,000 | 1,731,000 | 4,514,000 | 1,917,000 | 2,962,000 | 1,907,000 | 4,260,000 | 6,470,000 | 12,875,000 | 8,948,000 |
| Cash | 5,000 | 10,000 | 58,000 | 139,000 | 44,000 | 1,073,000 | 541,000 | 474,000 | 193,000 | 3,355,000 | ||
| misc current assets | ||||||||||||
| total current assets | 89,727,000 | 72,406,000 | 21,611,000 | 66,012,000 | 52,164,000 | 50,302,000 | 23,316,000 | 23,686,000 | 22,007,000 | 20,826,000 | 24,559,000 | 28,658,000 |
| total assets | 94,383,000 | 77,952,000 | 28,589,000 | 70,130,000 | 56,570,000 | 55,173,000 | 30,068,000 | 31,201,000 | 31,280,000 | 30,991,000 | 36,177,000 | 41,665,000 |
| Bank overdraft | 1,018,000 | 1,982,000 | 5,545,000 | 3,962,000 | ||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 3,006,000 | 1,727,000 | 2,116,000 | 1,609,000 | 4,769,000 | 6,751,000 | 7,384,000 | 8,126,000 | 5,321,000 | 5,701,000 | 3,604,000 | 9,260,000 |
| Group/Directors Accounts | 5,596,000 | 5,725,000 | 5,425,000 | 7,143,000 | 6,840,000 | |||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 686,000 | 376,000 | 873,000 | 418,000 | 407,000 | 1,031,000 | 1,789,000 | |||||
| other current liabilities | 82,855,000 | 62,136,000 | 35,792,000 | 73,792,000 | 54,983,000 | 58,372,000 | 27,256,000 | 21,988,000 | 23,113,000 | 18,408,000 | 22,697,000 | 19,554,000 |
| total current liabilities | 92,143,000 | 69,964,000 | 44,206,000 | 82,962,000 | 66,999,000 | 65,123,000 | 35,658,000 | 30,114,000 | 30,416,000 | 29,654,000 | 31,294,000 | 30,603,000 |
| loans | 36,092,000 | 36,682,000 | 1,548,000 | 184,000 | 1,150,000 | 33,000 | 154,000 | 436,000 | 2,316,000 | 3,652,000 | 5,668,000 | |
| hp & lease commitments | 18,046,000 | 18,341,000 | 774,000 | 92,000 | 575,000 | 1,158,000 | 1,826,000 | 2,834,000 | ||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 1,347,000 | 6,963,000 | ||||||||||
| provisions | 6,224,000 | 7,066,000 | 556,000 | 32,000 | 990,000 | 4,636,000 | ||||||
| total long term liabilities | 21,158,000 | 21,874,000 | 774,000 | 92,000 | 575,000 | 311,000 | 154,000 | 452,000 | 1,158,000 | 3,668,000 | 12,115,000 | |
| total liabilities | 113,301,000 | 91,838,000 | 44,980,000 | 83,054,000 | 67,574,000 | 65,123,000 | 35,969,000 | 30,268,000 | 30,868,000 | 30,812,000 | 34,962,000 | 42,718,000 |
| net assets | -18,918,000 | -13,886,000 | -16,391,000 | -12,924,000 | -11,004,000 | -9,950,000 | -5,901,000 | 933,000 | 412,000 | 179,000 | 1,215,000 | -1,053,000 |
| total shareholders funds | -18,918,000 | -13,886,000 | -16,391,000 | -12,924,000 | -11,004,000 | -9,950,000 | -5,901,000 | 933,000 | 412,000 | 179,000 | 1,215,000 | -1,053,000 |
| 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 | -2,132,000 | 5,038,000 | -3,069,000 | -5,094,000 | -608,000 | -3,356,000 | -3,617,000 | -2,535,000 | -2,382,000 | -2,799,000 | -6,203,000 | -2,119,000 |
| Depreciation | 481,000 | 317,000 | 585,000 | 954,000 | 1,581,000 | 1,807,000 | 1,772,000 | 1,964,000 | 1,911,000 | 2,740,000 | 3,054,000 | 1,686,000 |
| Amortisation | 51,000 | 154,000 | 107,000 | 128,000 | 232,000 | 217,000 | 466,000 | 929,000 | 760,000 | 773,000 | 1,024,000 | 527,000 |
| Tax | -1,383,000 | 22,000 | -220,000 | -142,000 | 634,000 | 1,023,000 | 963,000 | |||||
| Stock | -79,000 | 33,000 | 39,000 | -48,000 | -83,000 | -378,000 | 62,000 | 27,000 | 277,000 | -45,000 | -630,000 | 837,000 |
| Debtors | 16,939,000 | 53,891,000 | -44,337,000 | 13,801,000 | 2,974,000 | 26,291,000 | 109,000 | 1,585,000 | 430,000 | -3,495,000 | -307,000 | 24,466,000 |
| Creditors | 1,279,000 | -389,000 | 507,000 | -3,160,000 | -1,982,000 | -633,000 | -742,000 | 2,805,000 | -380,000 | 2,097,000 | -5,656,000 | 9,260,000 |
| Accruals and Deferred Income | 20,719,000 | 26,344,000 | -38,000,000 | 18,809,000 | -3,389,000 | 31,116,000 | 5,268,000 | -1,125,000 | 4,705,000 | -4,289,000 | 3,143,000 | 19,554,000 |
| Deferred Taxes & Provisions | -842,000 | 7,066,000 | -556,000 | 556,000 | -32,000 | 32,000 | -990,000 | -3,646,000 | 4,636,000 | |||
| Cash flow from operations | 2,696,000 | -16,777,000 | 4,450,000 | -2,116,000 | -7,057,000 | 2,462,000 | 3,390,000 | 1,028,000 | 4,962,000 | 1,072,000 | -6,384,000 | 8,241,000 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -600,000 | 481,000 | 119,000 | -265,000 | 265,000 | |||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -129,000 | 300,000 | -1,718,000 | 303,000 | 6,840,000 | |||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -590,000 | 35,134,000 | 1,364,000 | -966,000 | 1,150,000 | -33,000 | -121,000 | -282,000 | -1,880,000 | -1,336,000 | -2,016,000 | 5,668,000 |
| Hire Purchase and Lease Commitments | 15,000 | 17,070,000 | 1,137,000 | -472,000 | 982,000 | -1,158,000 | -1,699,000 | -1,766,000 | 4,623,000 | |||
| other long term liabilities | -1,347,000 | -5,616,000 | 6,963,000 | |||||||||
| share issue | ||||||||||||
| interest | -2,899,000 | -1,150,000 | -419,000 | -220,000 | -446,000 | -280,000 | -555,000 | -783,000 | -1,116,000 | -1,537,000 | -926,000 | -185,000 |
| cash flow from financing | -3,604,000 | 51,354,000 | 363,000 | 2,039,000 | 8,526,000 | -506,000 | -676,000 | 2,435,000 | -4,154,000 | -1,419,000 | -1,890,000 | 18,320,000 |
| cash and cash equivalents | ||||||||||||
| cash | -5,000 | -48,000 | -81,000 | 95,000 | -1,029,000 | 1,073,000 | -541,000 | 67,000 | 474,000 | -193,000 | -3,162,000 | 3,355,000 |
| overdraft | -1,018,000 | 1,018,000 | -1,982,000 | -3,563,000 | 1,583,000 | 3,962,000 | ||||||
| change in cash | -5,000 | -48,000 | -81,000 | 95,000 | -1,029,000 | 2,091,000 | -1,559,000 | 2,049,000 | 4,037,000 | -1,776,000 | -7,124,000 | 3,355,000 |
getronics services uk limited Credit Report and Business Information
Getronics Services Uk Limited Competitor Analysis
Perform a competitor analysis for getronics services uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
getronics services uk limited Ownership
GETRONICS SERVICES UK LIMITED group structure
Getronics Services Uk Limited has 1 subsidiary company.
Ultimate parent company
GETRONICS GROUP BV
#0131185
GTN SERVICES BV
#0078079
2 parents
GETRONICS SERVICES UK LIMITED
07966594
1 subsidiary
getronics services uk limited directors
Getronics Services Uk Limited currently has 2 directors. The longest serving directors include Mr Andreas Ribbens (Dec 2023) and Mr Stuart Deignan (Feb 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andreas Ribbens | England | 58 years | Dec 2023 | - | Director |
| Mr Stuart Deignan | England | 50 years | Feb 2025 | - | Director |
P&L
December 2023turnover
38.7m
+2%
operating profit
-2.1m
-142%
gross margin
21.7%
+13.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-18.9m
+0.36%
total assets
94.4m
+0.21%
cash
5k
-0.5%
net assets
Total assets minus all liabilities
Similar Companies
getronics services uk limited company details
company number
07966594
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
63110 - Data processing, hosting and related activities
62020 - Computer consultancy activities
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
gtn services uk (london) limited (May 2012)
accountant
-
auditor
PKF LITTLEJOHN LLP
address
huckletree /level 2, 8 bishopsgate, london, EC2N 4BQ
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
HOWES PERCIVAL LLP
getronics services uk limited 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 18 charges/mortgages relating to getronics services uk limited. Currently there are 2 open charges and 16 have been satisfied in the past.
getronics services uk limited 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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getronics services uk limited Companies House Filings - See Documents
| date | description | view/download |
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