Ginho Europe Precision Manufacturing Co Ltd

POWER SEARCH PRICING

SOLUTIONS

ginho europe precision manufacturing co ltd Company Information

Live

EstablishedLargeRapid

Company Number

07993185

Website

www.ginho-group.com

Registered Address

unit d1 third avenue, centrum 100, burton-on-trent, DE14 2WD

Industry

Manufacture of other fabricated metal products n.e.c.

Telephone

01283249579

Next Accounts Due

September 2025

Group Structure

View All

Directors

Zhang Shaosen11 Years

Shaun Gray9 Years

Shareholders

ginho precision manufacturing public ltd. co 100%

ginho europe precision manufacturing co ltd Estimated Valuation

£11.8m

Pomanda estimates the enterprise value of GINHO EUROPE PRECISION MANUFACTURING CO LTD at £11.8m based on a Turnover of £20.6m and 0.57x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Ginho Europe Precision Manufacturing Co Ltd is a live company located in burton-on-trent, DE14 2WD with a Companies House number of 07993185. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in March 2012, it's largest shareholder is ginho precision manufacturing public ltd. co with a 100% stake. Ginho Europe Precision Manufacturing Co Ltd is a established, large sized company, Pomanda has estimated its turnover at £20.6m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ginho Europe Precision Manufacturing Co Ltd a 3.5 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 Rating3.5out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £20.6m, make it larger than the average company (£14.1m)

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (6.2%)

EXPORT

Ginho Europe Precision Manufacturing Co Ltd's latest turnover from December 2023 is £20.6 million and the company has net assets of £1.1 million. According to their latest financial statements, Ginho Europe Precision Manufacturing Co Ltd has 16 employees and maintains cash reserves of £265.5 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	Oct 2013
Turnover	20,627,763	18,806,095	13,569,682	7,569,234	6,646,884	5,839,962	3,842,807	3,662,834	3,048,213	1,900,569	449,371
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	19,013,276	17,205,821	12,418,838	5,313,959	4,666,097	4,101,895	2,658,193	3,269,363	2,608,635	1,327,196	312,605
Gross Profit	1,614,487	1,600,274	1,150,844	2,255,275	1,980,787	1,738,067	1,184,614	393,471	439,578	573,374	136,766
Admin Expenses	1,282,589	1,227,238	1,178,994	2,118,016	1,796,798	1,377,402	1,107,616	475,886	460,638	798,659	285,750
Operating Profit	331,898	373,036	-28,150	137,259	183,989	360,665	76,998	-82,415	-21,060	-225,285	-148,984
Interest Payable	0	0	0	0	0	0	0	0	26	16,250	0
Interest Receivable	0	73	0	207	1,639	2,133	1,214	1,247	0	166	33
Pre-Tax Profit	331,898	373,109	-28,150	137,465	185,628	362,799	78,212	-81,168	-21,086	-241,369	-148,951
Tax	-82,676	-74,391	8,012	-26,118	-35,269	-68,932	-14,860	0	0	0	0
Profit After Tax	249,222	298,718	-20,138	111,347	150,359	293,867	63,352	-81,168	-21,086	-241,369	-148,951
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	249,222	298,718	-20,138	111,347	150,359	293,867	63,352	-81,168	-21,086	-241,369	-148,951
Employee Costs	761,324	689,107	616,582	363,132	357,468	310,621	270,646	266,791	229,546	515,709	125,709
Number Of Employees	16	13	12	10	10	9	8	8	7	16	4
EBITDA*	352,034	434,906	43,372	209,017	257,946	428,024	167,387	27,886	88,560	-224,464	-148,962

* 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	Oct 2013
Tangible Assets	55,023	36,074	42,005	28,987	33,289	19,683	19,300	23,455	29,822	36,092	367
Intangible Assets	0	0	45,969	104,169	162,369	232,800	291,000	600,000	700,000	0	0
Investments & Other	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
Total Fixed Assets	55,023	36,074	87,974	133,156	195,658	252,483	310,300	623,455	729,822	36,092	367
Stock & work in progress	4,308,846	4,520,787	5,213,463	2,752,252	2,077,294	2,256,564	1,217,014	649,900	771,034	466,602	0
Trade Debtors	4,478,460	3,570,768	2,218,422	2,280,268	2,217,630	1,790,749	1,243,640	696,020	688,829	396,251	25,981
Group Debtors	0	1,750	420	0	1,670	4,495	0	293,161	0	0	0
Misc Debtors	118,443	121,794	140,837	280,598	192,047	342,472	156,039	79,482	54,173	7,512	0
Cash	265,505	222,557	344,729	216,363	196,640	240,475	328,456	157,108	105,301	53,133	13,172
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	9,171,254	8,437,656	7,917,871	5,529,481	4,685,281	4,634,755	2,945,149	1,875,671	1,619,337	923,498	39,153
total assets	9,226,277	8,473,730	8,005,845	5,662,637	4,880,939	4,887,238	3,255,449	2,499,126	2,349,159	959,590	39,520
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	7,365,729	6,877,331	6,785,906	251,692	164,018	85,646	77,162	47,271	77,496	170,278	186,471
Group/Directors Accounts	5,392	0	0	4,654,001	4,054,268	4,273,393	3,064,581	2,081,771	1,492,363	376,592	0
other short term finances	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
other current liabilities	728,733	719,198	641,456	158,323	175,379	191,284	192,807	228,840	296,536	39,750	0
total current liabilities	8,099,854	7,596,529	7,427,362	5,064,016	4,393,665	4,550,323	3,334,550	2,357,882	1,866,395	586,620	186,471
loans	0	0	0	0	0	0	0	0	205,880	500,000	0
hp & lease commitments	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
other liabilities	0	0	0	0	0	0	86,831	370,528	425,000	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	86,831	370,528	630,880	500,000	0
total liabilities	8,099,854	7,596,529	7,427,362	5,064,016	4,393,665	4,550,323	3,421,381	2,728,410	2,497,275	1,086,620	186,471
net assets	1,126,423	877,201	578,483	598,621	487,274	336,915	-165,932	-229,284	-148,116	-127,030	-146,951
total shareholders funds	1,126,423	877,201	578,483	598,621	487,274	336,915	-165,932	-229,284	-148,116	-127,030	-146,951

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Oct 2013	Oct 2012
Operating Activities
Operating Profit	331,898	373,036	-28,150	137,259	183,989	360,665	76,998	-82,415	-21,060	-225,285	-148,984	0
Depreciation	20,136	15,901	13,322	13,558	15,757	9,159	10,389	10,301	9,620	821	22	0
Amortisation	0	45,969	58,200	58,200	58,200	58,200	80,000	100,000	100,000	0	0	0
Tax	-82,676	-74,391	8,012	-26,118	-35,269	-68,932	-14,860	0	0	0	0	0
Stock	-211,941	-692,676	2,461,211	674,958	-179,270	1,039,550	567,114	-121,134	304,432	466,602	0	0
Debtors	902,591	1,334,633	-201,187	149,519	273,631	738,037	331,016	325,661	339,239	377,782	25,981	0
Creditors	488,398	91,425	6,534,214	87,674	78,372	8,484	29,891	-30,225	-92,782	-16,193	186,471	0
Accruals and Deferred Income	9,535	77,742	483,133	-17,056	-15,905	-1,523	-36,033	-67,696	256,786	39,750	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	76,641	-112,275	4,808,707	-570,960	190,783	-1,411,534	-751,745	-274,562	-391,107	-1,045,291	11,528	0
Investing Activities
capital expenditure	-39,085	-9,970	-26,340	-9,256	-17,132	-9,542	222,766	-3,934	-803,350	-36,546	-389	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-39,085	-9,970	-26,340	-9,256	-17,132	-9,542	222,766	-3,934	-803,350	-36,546	-389	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	5,392	0	-4,654,001	599,733	-219,125	1,208,812	982,810	589,408	1,115,771	376,592	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	-205,880	-294,120	500,000	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	-86,831	-283,697	-54,472	425,000	0	0	0
share issue	0	0	0	0	0	208,980	0	0	0	261,290	2,000	0
interest	0	73	0	207	1,639	2,133	1,214	1,247	-26	-16,084	33	0
cash flow from financing	5,392	73	-4,654,001	599,940	-217,486	1,333,094	700,327	330,303	1,246,625	1,121,798	2,033	0
cash and cash equivalents
cash	42,948	-122,172	128,366	19,723	-43,835	-87,981	171,348	51,807	52,168	39,961	13,172	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	42,948	-122,172	128,366	19,723	-43,835	-87,981	171,348	51,807	52,168	39,961	13,172	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ginho europe precision manufacturing co ltd. Get real-time insights into ginho europe precision manufacturing co ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for ginho europe precision manufacturing co ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GINHO EUROPE PRECISION MANUFACTURING CO LTD group structure

Ginho Europe Precision Manufacturing Co Ltd has no subsidiary companies.

Ultimate parent company

GINHO PRECISION MANUFACTURING PUBLIC LTD

#0088137

1 parent

GINHO EUROPE PRECISION MANUFACTURING CO LTD

07993185

GINHO EUROPE PRECISION MANUFACTURING CO LTD Shareholders

ginho precision manufacturing public ltd. co

100%

Ginho Europe Precision Manufacturing Co Ltd currently has 2 directors. The longest serving directors include Zhang Shaosen (Oct 2012) and Mr Shaun Gray (Oct 2014).

officer	country	age	start	end	role
Zhang Shaosen	China	51 years	Oct 2012	-	Director
Mr Shaun Gray		44 years	Oct 2014	-	Director

P&L

December 2023

turnover

20.6m

+10%

operating profit

331.9k

-11%

gross margin

7.9%

-8.02%

turnover

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

Balance Sheet

December 2023

net assets

1.1m

+0.28%

total assets

9.2m

+0.09%

cash

265.5k

+0.19%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

v.s.n.(steels)limited

milltek sport limited

damper technology limited

s l engineering ltd.

f. bamford (engineering) limited

company number

07993185

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

March 2012

age

accounts

Full Accounts

ultimate parent company

GINHO PRECISION MANUFACTURING PUBLIC LTD

previous names

yonghe precise metals europe ltd (February 2017)

shandong yonghe europe limited (February 2013)

incorporated

address

unit d1 third avenue, centrum 100, burton-on-trent, DE14 2WD

last accounts submitted

December 2023

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 ginho europe precision manufacturing co ltd.

ginho europe precision manufacturing co ltd Company Information

ginho europe precision manufacturing co ltd Estimated Valuation

ginho europe precision manufacturing co ltd Estimated Valuation

ginho europe precision manufacturing co ltd Estimated Valuation

Ginho Europe Precision Manufacturing Co Ltd Overview

Ginho Europe Precision Manufacturing Co Ltd Health Check

GINHO EUROPE PRECISION MANUFACTURING CO LTD financials

ginho europe precision manufacturing co ltd Credit Report and Business Information

Ginho Europe Precision Manufacturing Co Ltd Competitor Analysis

ginho europe precision manufacturing co ltd Ownership

ginho europe precision manufacturing co ltd directors

ginho europe precision manufacturing co ltd company details

ginho europe precision manufacturing co ltd Charges & Mortgages

ginho europe precision manufacturing co ltd Companies House Filings - See Documents