gibbs waste limited

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gibbs waste limited Company Information

Share GIBBS WASTE LIMITED

Company Number

08198385

Shareholders

justin gibbs

Group Structure

View All

Industry

Collection of non-hazardous waste

 

Registered Address

4 thorp close, binfield, bracknell, RG42 5LQ

Website

-

gibbs waste limited Estimated Valuation

£76.8k

Pomanda estimates the enterprise value of GIBBS WASTE LIMITED at £76.8k based on a Turnover of £138k and 0.56x industry multiple (adjusted for size and gross margin).

gibbs waste limited Estimated Valuation

£191.7k

Pomanda estimates the enterprise value of GIBBS WASTE LIMITED at £191.7k based on an EBITDA of £63.5k and a 3.02x industry multiple (adjusted for size and gross margin).

gibbs waste limited Estimated Valuation

£404.2k

Pomanda estimates the enterprise value of GIBBS WASTE LIMITED at £404.2k based on Net Assets of £126.5k and 3.2x industry multiple (adjusted for liquidity).

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Gibbs Waste Limited Overview

Gibbs Waste Limited is a live company located in bracknell, RG42 5LQ with a Companies House number of 08198385. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in September 2012, it's largest shareholder is justin gibbs with a 100% stake. Gibbs Waste Limited is a established, micro sized company, Pomanda has estimated its turnover at £138k with rapid growth in recent years.

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Gibbs Waste Limited Health Check

Pomanda's financial health check has awarded Gibbs Waste Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £138k, make it smaller than the average company (£13.6m)

£138k - Gibbs Waste Limited

£13.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (9.2%)

30% - Gibbs Waste Limited

9.2% - Industry AVG

production

Production

with a gross margin of 15.5%, this company has a higher cost of product (24.3%)

15.5% - Gibbs Waste Limited

24.3% - Industry AVG

profitability

Profitability

an operating margin of 46.1% make it more profitable than the average company (6%)

46.1% - Gibbs Waste Limited

6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (54)

2 - Gibbs Waste Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Gibbs Waste Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69k, this is less efficient (£167.9k)

£69k - Gibbs Waste Limited

£167.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 114 days, this is later than average (43 days)

114 days - Gibbs Waste Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (34 days)

2 days - Gibbs Waste Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gibbs Waste Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gibbs Waste Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (61.8%)

20% - Gibbs Waste Limited

61.8% - Industry AVG

GIBBS WASTE LIMITED financials

EXPORTms excel logo

Gibbs Waste Limited's latest turnover from August 2023 is estimated at £138 thousand and the company has net assets of £126.5 thousand. According to their latest financial statements, Gibbs Waste Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Turnover137,976168,302122,45662,128109,277132,824414,421220,757167,815215,660275,300
Other Income Or Grants00000000000
Cost Of Sales116,635141,025105,13953,19994,063114,066350,952189,526143,491189,620235,020
Gross Profit21,34027,27717,3188,92915,21418,75863,46931,23124,32426,03940,280
Admin Expenses-42,19912,168977-20,35914,07617,749132,38735,376-19,498-14,845-2,406
Operating Profit63,53915,10916,34129,2881,1381,009-68,918-4,14543,82240,88442,686
Interest Payable00000000000
Interest Receivable00000079155289252115
Pre-Tax Profit63,53915,10916,34129,2881,1381,009-68,839-3,99044,11141,13542,801
Tax-15,885-2,871-3,105-5,565-216-19200-8,822-8,638-9,844
Profit After Tax47,65412,23813,23623,723922817-68,839-3,99035,28932,49732,957
Dividends Paid00000000000
Retained Profit47,65412,23813,23623,723922817-68,839-3,99035,28932,49732,957
Employee Costs76,41671,41671,10166,08763,49263,38862,41860,56829,76258,79759,263
Number Of Employees22222222122
EBITDA*63,53915,10916,34129,2881,1381,009-68,9186,70455,87654,13750,499

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Tangible Assets114,687147,837151,147181,939227,424168,647168,97697,638108,487119,29570,321
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets114,687147,837151,147181,939227,424168,647168,97697,638108,487119,29570,321
Stock & work in progress00000000000
Trade Debtors43,46842,25717,8867,24213,5998,07678,87926,50610,1233,71748,900
Group Debtors00000000000
Misc Debtors00000000000
Cash000000063,16260,97854,57646,105
misc current assets00000000000
total current assets43,46842,25717,8867,24213,5998,07678,87989,66871,10158,29395,005
total assets158,155190,094169,033189,181241,023176,723247,855187,306179,588177,588165,326
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 88124,35431,0832,26323,14348,345149,91087,56074,054105,54563,339
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities88124,35431,0832,26323,14348,345149,91087,56074,054105,54563,339
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities30,77086,89071,338133,542188,22799,64770,0312,9924,7906,58869,029
provisions00000000000
total long term liabilities30,77086,89071,338133,542188,22799,64770,0312,9924,7906,58869,029
total liabilities31,651111,244102,421135,805211,370147,992219,94190,55278,844112,133132,368
net assets126,50478,85066,61253,37629,65328,73127,91496,754100,74465,45532,958
total shareholders funds126,50478,85066,61253,37629,65328,73127,91496,754100,74465,45532,958
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Operating Activities
Operating Profit63,53915,10916,34129,2881,1381,009-68,918-4,14543,82240,88442,686
Depreciation000000010,84912,05413,2537,813
Amortisation00000000000
Tax-15,885-2,871-3,105-5,565-216-19200-8,822-8,638-9,844
Stock00000000000
Debtors1,21124,37110,644-6,3575,523-70,80352,37316,3836,406-45,18348,900
Creditors-23,473-6,72928,820-20,880-25,202-101,56562,35013,506-31,49142,20663,339
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations22,970-18,86231,4129,200-29,803-29,945-58,9413,8279,157132,88855,094
Investing Activities
capital expenditure33,1503,31030,79245,485-58,777329-71,3380-1,246-62,227-78,134
Change in Investments00000000000
cash flow from investments33,1503,31030,79245,485-58,777329-71,3380-1,246-62,227-78,134
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-56,12015,552-62,204-54,68588,58029,61667,039-1,798-1,798-62,44169,029
share issue000000-10001
interest00000079155289252115
cash flow from financing-56,12015,552-62,204-54,68588,58029,61667,117-1,643-1,509-62,18969,145
cash and cash equivalents
cash000000-63,1622,1846,4028,47146,105
overdraft00000000000
change in cash000000-63,1622,1846,4028,47146,105

gibbs waste limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gibbs Waste Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gibbs waste limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in RG42 area or any other competitors across 12 key performance metrics.

gibbs waste limited Ownership

GIBBS WASTE LIMITED group structure

Gibbs Waste Limited has no subsidiary companies.

Ultimate parent company

GIBBS WASTE LIMITED

08198385

GIBBS WASTE LIMITED Shareholders

justin gibbs 100%

gibbs waste limited directors

Gibbs Waste Limited currently has 2 directors. The longest serving directors include Mr Justin Gibbs (Sep 2012) and Mr David Gibbs (Feb 2023).

officercountryagestartendrole
Mr Justin GibbsEngland55 years Sep 2012- Director
Mr David GibbsEngland33 years Feb 2023- Director

P&L

August 2023

turnover

138k

-18%

operating profit

63.5k

0%

gross margin

15.5%

-4.57%

turnover

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

Balance Sheet

August 2023

net assets

126.5k

+0.6%

total assets

158.2k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

gibbs waste limited company details

company number

08198385

Type

Private limited with Share Capital

industry

38110 - Collection of non-hazardous waste

incorporation date

September 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

ADAM ACCOUNTANCY LIMITED

auditor

-

address

4 thorp close, binfield, bracknell, RG42 5LQ

Bank

-

Legal Advisor

-

gibbs waste 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 gibbs waste limited.

gibbs waste 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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gibbs waste limited Companies House Filings - See Documents

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