gm business support limited
gm business support limited Company Information
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
lee house, 90 great bridgewater street, manchester, M1 5JW
Website
http://www.growthco.ukgm business support limited Estimated Valuation
Pomanda estimates the enterprise value of GM BUSINESS SUPPORT LIMITED at £11.7m based on a Turnover of £17.1m and 0.68x industry multiple (adjusted for size and gross margin).
gm business support limited Estimated Valuation
Pomanda estimates the enterprise value of GM BUSINESS SUPPORT LIMITED at £5.3m based on an EBITDA of £900.5k and a 5.89x industry multiple (adjusted for size and gross margin).
gm business support limited Estimated Valuation
Pomanda estimates the enterprise value of GM BUSINESS SUPPORT LIMITED at £4.9m based on Net Assets of £1.9m and 2.61x industry multiple (adjusted for liquidity).
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Gm Business Support Limited Overview
Gm Business Support Limited is a live company located in manchester, M1 5JW with a Companies House number of 08132524. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2012, it's largest shareholder is unknown. Gm Business Support Limited is a established, mid sized company, Pomanda has estimated its turnover at £17.1m with declining growth in recent years.
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Gm Business Support Limited Health Check
Pomanda's financial health check has awarded Gm Business Support Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £17.1m, make it larger than the average company (£433.3k)
£17.1m - Gm Business Support Limited
£433.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (10.6%)
-9% - Gm Business Support Limited
10.6% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
58% - Gm Business Support Limited
58% - Industry AVG
Profitability
an operating margin of 5.2% make it less profitable than the average company (8.5%)
5.2% - Gm Business Support Limited
8.5% - Industry AVG
Employees
with 219 employees, this is above the industry average (5)
219 - Gm Business Support Limited
5 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£49k)
£43.8k - Gm Business Support Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £78k, this is less efficient (£116.9k)
£78k - Gm Business Support Limited
£116.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (63 days)
2 days - Gm Business Support Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (25 days)
10 days - Gm Business Support Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gm Business Support Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (27 weeks)
1 weeks - Gm Business Support Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78%, this is a higher level of debt than the average (52.9%)
78% - Gm Business Support Limited
52.9% - Industry AVG
GM BUSINESS SUPPORT LIMITED financials
Gm Business Support Limited's latest turnover from March 2024 is £17.1 million and the company has net assets of £1.9 million. According to their latest financial statements, Gm Business Support Limited has 219 employees and maintains cash reserves of £205 thousand 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 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,078,000 | 17,670,000 | 22,626,000 | 22,672,000 | 16,488,000 | 13,816,000 | 19,775,000 | 19,711,000 | 17,368,319 | 14,447,765 | 3,071,946 | 582,042 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 1,006,854 | 1,015,364 | 607,653 | 106,988 | ||||||||
| Gross Profit | 16,361,465 | 13,432,401 | 2,464,293 | 475,054 | ||||||||
| Admin Expenses | 13,226,956 | 2,223,144 | 410,660 | |||||||||
| Operating Profit | 383,000 | 200,000 | 106,000 | 109,000 | 70,000 | 205,445 | 241,149 | 64,394 | ||||
| Interest Payable | 48,000 | 53,000 | 66,000 | 30,000 | 56 | |||||||
| Interest Receivable | 56 | 35 | ||||||||||
| Pre-Tax Profit | 646,000 | 425,000 | -128,000 | 335,000 | 147,000 | 40,000 | 79,000 | 70,000 | -154,485 | 205,389 | 241,205 | 64,429 |
| Tax | -23,000 | -23,000 | 4,000 | -10,000 | -3,000 | -9,670 | ||||||
| Profit After Tax | 623,000 | 402,000 | -124,000 | 325,000 | 144,000 | 40,000 | 79,000 | 70,000 | -154,485 | 205,389 | 231,535 | 64,429 |
| Dividends Paid | ||||||||||||
| Retained Profit | 623,000 | 402,000 | -124,000 | 325,000 | 144,000 | 40,000 | 79,000 | 70,000 | -154,485 | 205,389 | 231,535 | 64,429 |
| Employee Costs | 9,595,000 | 9,966,000 | 10,327,000 | 9,790,000 | 7,602,000 | 5,832,000 | 5,743,000 | 5,644,000 | 4,879,725 | 4,389,618 | 1,783,026 | 317,806 |
| Number Of Employees | 219 | 239 | 252 | 242 | 186 | 146 | 143 | 138 | 120 | 106 | 62 | 7 |
| EBITDA* | 435,000 | 203,000 | 106,000 | 109,000 | 70,000 | 205,445 | 241,149 | 64,394 |
* 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 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,000 | 2,000 | 13,000 | 30,000 | 11,000 | |||||||
| Intangible Assets | 9,000 | 103,000 | 183,000 | 16,000 | ||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 1,110,000 | 1,110,000 | 1,110,000 | |||||||||
| Total Fixed Assets | 1,118,000 | 1,121,000 | 1,226,000 | 213,000 | 27,000 | |||||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 122,000 | 217,000 | 594,000 | 362,000 | 1,728,000 | 855,000 | 2,013,000 | 2,280,000 | 242,705 | 1,662,828 | 608,849 | |
| Group Debtors | 34,000 | 1,444,000 | 400,000 | 51,000 | 84,000 | 121,000 | 38,918 | 685,219 | 55,498 | 372,521 | ||
| Misc Debtors | 7,089,000 | 6,487,000 | 9,155,000 | 9,808,000 | 7,006,000 | 5,987,000 | 5,299,000 | 8,452,000 | 2,428,105 | 2,516,912 | 1,667,085 | 35,562 |
| Cash | 205,000 | 2,310,000 | 243,000 | 1,550,000 | 2,471,000 | 808,000 | 1,732,000 | 11,847,000 | 8,780,503 | 7,254,986 | 200,340 | 126,846 |
| misc current assets | ||||||||||||
| total current assets | 7,416,000 | 9,014,000 | 10,026,000 | 13,164,000 | 11,605,000 | 7,701,000 | 9,128,000 | 22,700,000 | 11,490,231 | 12,119,945 | 2,531,772 | 534,929 |
| total assets | 8,534,000 | 10,135,000 | 11,252,000 | 13,377,000 | 11,632,000 | 7,701,000 | 9,128,000 | 22,700,000 | 11,490,231 | 12,119,945 | 2,531,772 | 534,929 |
| Bank overdraft | 1,257,000 | 1,708,334 | ||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 204,000 | 645,000 | 543,000 | 161,000 | 258,000 | 56,000 | 233,000 | 1,137,000 | 718,951 | 265,289 | 54,698 | 3,480 |
| Group/Directors Accounts | 1,750,000 | 251,000 | 451,000 | 836,000 | 5,000 | 56,000 | 3,045,000 | 527,852 | 4,167,954 | 786,681 | 63,524 | |
| other short term finances | 1,000,000 | 500,000 | 1,000,000 | |||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 3,594,000 | 6,876,000 | 7,491,000 | 10,480,000 | 8,888,000 | 6,134,000 | 7,373,000 | 18,131,000 | 8,218,183 | 7,215,306 | 1,394,430 | 403,496 |
| total current liabilities | 5,548,000 | 7,772,000 | 9,291,000 | 11,092,000 | 10,982,000 | 6,695,000 | 8,662,000 | 22,313,000 | 11,173,320 | 11,648,549 | 2,235,809 | 470,500 |
| loans | 1,110,000 | 1,110,000 | 1,110,000 | 1,310,000 | 500,000 | |||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | 1,110,000 | 1,110,000 | 1,110,000 | 1,310,000 | 500,000 | |||||||
| total liabilities | 6,658,000 | 8,882,000 | 10,401,000 | 12,402,000 | 10,982,000 | 7,195,000 | 8,662,000 | 22,313,000 | 11,173,320 | 11,648,549 | 2,235,809 | 470,500 |
| net assets | 1,876,000 | 1,253,000 | 851,000 | 975,000 | 650,000 | 506,000 | 466,000 | 387,000 | 316,911 | 471,396 | 295,963 | 64,429 |
| total shareholders funds | 1,876,000 | 1,253,000 | 851,000 | 975,000 | 650,000 | 506,000 | 466,000 | 387,000 | 316,911 | 471,396 | 295,963 | 64,429 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 383,000 | 200,000 | 106,000 | 109,000 | 70,000 | 205,445 | 241,149 | 64,394 | ||||
| Depreciation | 2,000 | 20,000 | 17,000 | 11,000 | 2,000 | |||||||
| Amortisation | 9,000 | 104,000 | 103,000 | 41,000 | 1,000 | |||||||
| Tax | -23,000 | -23,000 | 4,000 | -10,000 | -3,000 | -9,670 | ||||||
| Stock | ||||||||||||
| Debtors | 507,000 | -3,079,000 | -721,000 | 2,480,000 | 2,241,000 | -503,000 | -3,457,000 | 8,143,272 | -2,155,231 | 2,533,527 | 1,923,349 | 408,083 |
| Creditors | -441,000 | 102,000 | 382,000 | -97,000 | 202,000 | -177,000 | -904,000 | 418,049 | 453,662 | 210,591 | 51,218 | 3,480 |
| Accruals and Deferred Income | -3,282,000 | -615,000 | -2,989,000 | 1,592,000 | 2,754,000 | -1,239,000 | -10,758,000 | 9,912,817 | 1,002,877 | 5,820,876 | 990,934 | 403,496 |
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | -560,000 | 915,000 | -807,000 | -8,096,000 | 2,257,594 | 3,703,385 | -649,718 | 63,287 | ||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 1,499,000 | 251,000 | -451,000 | -385,000 | 831,000 | -51,000 | -2,989,000 | 2,517,148 | -3,640,102 | 3,381,273 | 723,157 | 63,524 |
| Other Short Term Loans | -1,000,000 | 500,000 | -500,000 | 1,000,000 | ||||||||
| Long term loans | -200,000 | 1,310,000 | -500,000 | 500,000 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -48,000 | -53,000 | -66,000 | -30,000 | -56 | 56 | 35 | |||||
| cash flow from financing | 1,499,000 | 251,000 | -651,000 | -123,000 | 778,000 | -117,000 | -2,019,000 | 2,517,237 | -3,640,102 | 3,351,261 | 723,212 | 63,559 |
| cash and cash equivalents | ||||||||||||
| cash | -2,105,000 | 2,067,000 | -1,307,000 | -921,000 | 1,663,000 | -924,000 | -10,115,000 | 3,066,497 | 1,525,517 | 7,054,646 | 73,494 | 126,846 |
| overdraft | -1,257,000 | 1,257,000 | -1,708,334 | 1,708,334 | ||||||||
| change in cash | -2,105,000 | 3,324,000 | -2,564,000 | -921,000 | 1,663,000 | -924,000 | -10,115,000 | 4,774,831 | -182,817 | 7,054,646 | 73,494 | 126,846 |
gm business support limited Credit Report and Business Information
Gm Business Support Limited Competitor Analysis
Perform a competitor analysis for gm business support limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M 1 area or any other competitors across 12 key performance metrics.
gm business support limited Ownership
GM BUSINESS SUPPORT LIMITED group structure
Gm Business Support Limited has no subsidiary companies.
Ultimate parent company
GM BUSINESS SUPPORT LIMITED
08132524
gm business support limited directors
Gm Business Support Limited currently has 2 directors. The longest serving directors include Mr Mark Hughes (Sep 2013) and Ms Donna Edwards (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Hughes | England | 59 years | Sep 2013 | - | Director |
| Ms Donna Edwards | 65 years | Nov 2016 | - | Director |
P&L
March 2024turnover
17.1m
-3%
operating profit
889.5k
0%
gross margin
58%
+0.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.9m
+0.5%
total assets
8.5m
-0.16%
cash
205k
-0.91%
net assets
Total assets minus all liabilities
gm business support limited company details
company number
08132524
Type
Private Ltd By Guarantee w/o Share Cap
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
skills solutions uk limited (August 2012)
solutions newco limited (July 2012)
accountant
-
auditor
RSM UK AUDIT LLP
address
lee house, 90 great bridgewater street, manchester, M1 5JW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
gm business support 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 did not find charges/mortgages relating to gm business support limited.
gm business support 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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gm business support limited Companies House Filings - See Documents
| date | description | view/download |
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