ginmeister ltd
ginmeister ltd Company Information
Company Number
08382724
Next Accounts
105 days late
Directors
Shareholders
stephen nicholas bowyer marsh & justine marsh
richard bridgwood
View AllGroup Structure
View All
Industry
Distilling, rectifying and blending of spirits
Registered Address
unit 31927, lytchett house, 13 f, wareham road, poole, BH16 6FA
Website
http://pinkstergin.comginmeister ltd Estimated Valuation
Pomanda estimates the enterprise value of GINMEISTER LTD at £1.3m based on a Turnover of £1.8m and 0.73x industry multiple (adjusted for size and gross margin).
ginmeister ltd Estimated Valuation
Pomanda estimates the enterprise value of GINMEISTER LTD at £0 based on an EBITDA of £-463.8k and a 4.72x industry multiple (adjusted for size and gross margin).
ginmeister ltd Estimated Valuation
Pomanda estimates the enterprise value of GINMEISTER LTD at £334.5k based on Net Assets of £192.6k and 1.74x industry multiple (adjusted for liquidity).
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Ginmeister Ltd Overview
Ginmeister Ltd is a live company located in poole, BH16 6FA with a Companies House number of 08382724. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in January 2013, it's largest shareholder is stephen nicholas bowyer marsh & justine marsh with a 26.7% stake. Ginmeister Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Ginmeister Ltd Health Check
Pomanda's financial health check has awarded Ginmeister Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£19.7m)
- Ginmeister Ltd
£19.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (10.4%)
- Ginmeister Ltd
10.4% - Industry AVG
Production
with a gross margin of 39.7%, this company has a comparable cost of product (39.7%)
- Ginmeister Ltd
39.7% - Industry AVG
Profitability
an operating margin of -27.5% make it less profitable than the average company (14.3%)
- Ginmeister Ltd
14.3% - Industry AVG
Employees
with 14 employees, this is below the industry average (81)
14 - Ginmeister Ltd
81 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Ginmeister Ltd
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £126.7k, this is less efficient (£313.9k)
- Ginmeister Ltd
£313.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (41 days)
- Ginmeister Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is close to average (50 days)
- Ginmeister Ltd
50 days - Industry AVG
Stock Days
it holds stock equivalent to 133 days, this is less than average (501 days)
- Ginmeister Ltd
501 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is average cash available to meet short term requirements (4 weeks)
4 weeks - Ginmeister Ltd
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.1%, this is a higher level of debt than the average (50.6%)
84.1% - Ginmeister Ltd
50.6% - Industry AVG
GINMEISTER LTD financials
Ginmeister Ltd's latest turnover from March 2023 is estimated at £1.8 million and the company has net assets of £192.6 thousand. According to their latest financial statements, Ginmeister Ltd has 14 employees and maintains cash reserves of £46.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 14 | 19 | 18 | 31 | 31 | 25 | 23 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,982 | 38,410 | 76,282 | 119,459 | 123,749 | 57,371 | 63,162 | 25,330 | 29,798 | 3,021 |
| Intangible Assets | ||||||||||
| Investments & Other | 36 | 36 | 36 | 36 | 36 | 36 | 36 | |||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 25,018 | 38,446 | 76,318 | 119,495 | 123,785 | 57,407 | 63,198 | 25,330 | 29,798 | 3,021 |
| Stock & work in progress | 392,184 | 463,161 | 402,891 | 457,205 | 599,118 | 308,103 | 241,492 | 101,243 | 20,954 | 25,033 |
| Trade Debtors | 126,681 | 145,024 | 118,496 | 176,932 | 330,068 | 251,534 | 162,307 | 45,492 | 143,143 | 25,032 |
| Group Debtors | 37,700 | 33,269 | 24,180 | 51,451 | 17,207 | |||||
| Misc Debtors | 584,384 | 550,743 | 582,612 | 153,865 | 190,813 | 142,269 | 160,333 | 131,283 | ||
| Cash | 46,283 | 38,119 | 284,163 | 2,451 | 53,722 | 7,548 | 14,232 | 5,627 | 459 | 10,135 |
| misc current assets | ||||||||||
| total current assets | 1,187,232 | 1,230,316 | 1,412,342 | 841,904 | 1,190,928 | 709,454 | 578,364 | 283,645 | 164,556 | 60,200 |
| total assets | 1,212,250 | 1,268,762 | 1,488,660 | 961,399 | 1,314,713 | 766,861 | 641,562 | 308,975 | 194,354 | 63,221 |
| Bank overdraft | 87,196 | 114,912 | 4,402 | 158,075 | 191,776 | 202,881 | 91,811 | 94,405 | ||
| Bank loan | ||||||||||
| Trade Creditors | 161,892 | 94,600 | 98,582 | 117,911 | 158,523 | 88,348 | 63,250 | 86,843 | 78,990 | 38,161 |
| Group/Directors Accounts | 705 | 705 | 6,534 | 22,143 | ||||||
| other short term finances | ||||||||||
| hp & lease commitments | 455 | 2,604 | 8,245 | 6,332 | 6,389 | 2,769 | 2,621 | |||
| other current liabilities | 286,059 | 167,050 | 149,112 | 142,724 | 146,917 | 328,121 | 69,707 | 109,338 | ||
| total current liabilities | 536,307 | 379,871 | 260,341 | 425,042 | 503,605 | 622,119 | 233,923 | 312,729 | 78,990 | 38,161 |
| loans | 483,384 | 426,453 | 53,723 | 7,692 | 4,942 | 4,740 | 4,236 | 80,000 | ||
| hp & lease commitments | 459 | 11,784 | 20,029 | 19,385 | 7,033 | 9,802 | ||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 350,404 | 221,099 | ||||||||
| provisions | ||||||||||
| total long term liabilities | 483,384 | 426,912 | 415,911 | 248,820 | 24,327 | 11,773 | 14,038 | 80,000 | ||
| total liabilities | 1,019,691 | 806,783 | 676,252 | 673,862 | 527,932 | 633,892 | 247,961 | 392,729 | 78,990 | 38,161 |
| net assets | 192,559 | 461,979 | 812,408 | 287,537 | 786,781 | 132,969 | 393,601 | -83,754 | 115,364 | 25,060 |
| total shareholders funds | 192,559 | 461,979 | 812,408 | 287,537 | 786,781 | 132,969 | 393,601 | -83,754 | 115,364 | 25,060 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 23,766 | 29,917 | 44,223 | 7,447 | 41,465 | 3,080 | 19,455 | 20,781 | 5,457 | 367 |
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | -70,977 | 60,270 | -54,314 | -141,913 | 291,015 | 66,611 | 140,249 | 80,289 | -4,079 | 25,033 |
| Debtors | 19,729 | 3,748 | 343,040 | -155,840 | 144,285 | 71,163 | 145,865 | 33,632 | 118,111 | 25,032 |
| Creditors | 67,292 | -3,982 | -19,329 | -40,612 | 70,175 | 25,098 | -23,593 | 7,853 | 40,829 | 38,161 |
| Accruals and Deferred Income | 119,009 | 17,938 | 6,388 | -4,193 | -181,204 | 258,414 | -39,631 | 109,338 | ||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 36 | |||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 705 | -6,534 | -15,609 | 22,143 | ||||||
| Other Short Term Loans | ||||||||||
| Long term loans | 56,931 | 372,730 | 46,031 | 2,750 | 202 | 504 | -75,764 | 80,000 | ||
| Hire Purchase and Lease Commitments | -2,608 | -16,966 | -6,332 | 587 | 15,972 | -2,621 | 12,423 | |||
| other long term liabilities | -350,404 | 129,305 | 221,099 | |||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 8,164 | -246,044 | 281,712 | -51,271 | 46,174 | -6,684 | 8,605 | 5,168 | -9,676 | 10,135 |
| overdraft | -27,716 | 110,510 | -153,673 | -33,701 | -11,105 | 111,070 | -2,594 | 94,405 | ||
| change in cash | 35,880 | -356,554 | 435,385 | -17,570 | 57,279 | -117,754 | 11,199 | -89,237 | -9,676 | 10,135 |
ginmeister ltd Credit Report and Business Information
Ginmeister Ltd Competitor Analysis
Perform a competitor analysis for ginmeister ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BH16 area or any other competitors across 12 key performance metrics.
ginmeister ltd Ownership
GINMEISTER LTD group structure
Ginmeister Ltd has no subsidiary companies.
Ultimate parent company
GINMEISTER LTD
08382724
ginmeister ltd directors
Ginmeister Ltd currently has 1 director, Mr Stephen Marsh serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Marsh | 60 years | Jan 2013 | - | Director |
P&L
March 2023turnover
1.8m
-19%
operating profit
-487.6k
0%
gross margin
39.7%
+4.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
192.6k
-0.58%
total assets
1.2m
-0.04%
cash
46.3k
+0.21%
net assets
Total assets minus all liabilities
ginmeister ltd company details
company number
08382724
Type
Private limited with Share Capital
industry
11010 - Distilling, rectifying and blending of spirits
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
A K & CO (ACCOUNTANCY SERVICES) LTD
auditor
-
address
unit 31927, lytchett house, 13 f, wareham road, poole, BH16 6FA
Bank
-
Legal Advisor
-
ginmeister ltd 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 ginmeister ltd.
ginmeister ltd 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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ginmeister ltd Companies House Filings - See Documents
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