gt performance sport ltd
gt performance sport ltd Company Information
Company Number
08438625
Website
www.gt-performance.co.ukRegistered Address
recovery house, hainault business park, ilford, essex, IG6 3TU
Industry
Sale of used cars and light motor vehicles
Telephone
01959534078
Next Accounts Due
June 2024
Group Structure
View All
Directors
Colin Mullane11 Years
Shareholders
colin mullane 100%
gt performance sport ltd Estimated Valuation
Pomanda estimates the enterprise value of GT PERFORMANCE SPORT LTD at £632.2k based on a Turnover of £3.3m and 0.19x industry multiple (adjusted for size and gross margin).
gt performance sport ltd Estimated Valuation
Pomanda estimates the enterprise value of GT PERFORMANCE SPORT LTD at £0 based on an EBITDA of £-98.7k and a 2.99x industry multiple (adjusted for size and gross margin).
gt performance sport ltd Estimated Valuation
Pomanda estimates the enterprise value of GT PERFORMANCE SPORT LTD at £822.4k based on Net Assets of £307.7k and 2.67x industry multiple (adjusted for liquidity).
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Gt Performance Sport Ltd Overview
Gt Performance Sport Ltd is a dissolved company that was located in ilford, IG6 3TU with a Companies House number of 08438625. It operated in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in March 2013, it's largest shareholder was colin mullane with a 100% stake. The last turnover for Gt Performance Sport Ltd was estimated at £3.3m.
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Gt Performance Sport Ltd Health Check
Pomanda's financial health check has awarded Gt Performance Sport 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
4 Strong
2 Regular
6 Weak
Size
annual sales of £3.3m, make it larger than the average company (£2.3m)
- Gt Performance Sport Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (7.2%)
- Gt Performance Sport Ltd
7.2% - Industry AVG
Production
with a gross margin of 7.3%, this company has a higher cost of product (11.4%)
- Gt Performance Sport Ltd
11.4% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (2.5%)
- Gt Performance Sport Ltd
2.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (25)
3 - Gt Performance Sport Ltd
25 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Gt Performance Sport Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£459.9k)
- Gt Performance Sport Ltd
£459.9k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (10 days)
- Gt Performance Sport Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (15 days)
- Gt Performance Sport Ltd
15 days - Industry AVG
Stock Days
it holds stock equivalent to 138 days, this is more than average (57 days)
- Gt Performance Sport Ltd
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Gt Performance Sport Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (73%)
74.5% - Gt Performance Sport Ltd
73% - Industry AVG
GT PERFORMANCE SPORT LTD financials
Gt Performance Sport Ltd's latest turnover from March 2019 is estimated at £3.3 million and the company has net assets of £307.7 thousand. According to their latest financial statements, Gt Performance Sport Ltd has 3 employees and maintains cash reserves of £8.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 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 | 3 | 4 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,173 | 6,239 | 1,019 | 2,166 | 1,695 | 1,590 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,173 | 6,239 | 1,019 | 2,166 | 1,695 | 1,590 |
| Stock & work in progress | 1,155,061 | 1,140,116 | 1,316,687 | 956,198 | 805,676 | 910,932 |
| Trade Debtors | 39,277 | 16,700 | 22,095 | 0 | 8,662 | 9,200 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,341 | 14,131 | 57,683 | 28,218 | 8,106 | 35,154 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,202,679 | 1,170,947 | 1,396,465 | 984,416 | 822,444 | 955,286 |
| total assets | 1,206,852 | 1,177,186 | 1,397,484 | 986,582 | 824,139 | 956,876 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 883,886 | 768,649 | 1,092,691 | 827,865 | 725,837 | 587,197 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 883,886 | 768,649 | 1,092,691 | 827,865 | 725,837 | 587,197 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 5,000 | 5,000 | 331,828 |
| other liabilities | 15,306 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,306 | 0 | 0 | 5,000 | 5,000 | 331,828 |
| total liabilities | 899,192 | 768,649 | 1,092,691 | 832,865 | 730,837 | 919,025 |
| net assets | 307,660 | 408,537 | 304,793 | 153,717 | 93,302 | 37,851 |
| total shareholders funds | 307,660 | 408,537 | 304,793 | 153,717 | 93,302 | 37,851 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 2,286 | 3,096 | 1,147 | 1,145 | 742 | 530 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 14,945 | -176,571 | 360,489 | 150,522 | -105,256 | 910,932 |
| Debtors | 22,577 | -5,395 | 22,095 | -8,662 | -538 | 9,200 |
| Creditors | 115,237 | -324,042 | 264,826 | 102,028 | 138,640 | 587,197 |
| Accruals and Deferred Income | 0 | 0 | -5,000 | 0 | -326,828 | 331,828 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 15,306 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -5,790 | -43,552 | 29,465 | 20,112 | -27,048 | 35,154 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,790 | -43,552 | 29,465 | 20,112 | -27,048 | 35,154 |
gt performance sport ltd Credit Report and Business Information
Gt Performance Sport Ltd Competitor Analysis
Perform a competitor analysis for gt performance sport ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gt performance sport ltd Ownership
GT PERFORMANCE SPORT LTD group structure
Gt Performance Sport Ltd has no subsidiary companies.
Ultimate parent company
GT PERFORMANCE SPORT LTD
08438625
gt performance sport ltd directors
Gt Performance Sport Ltd currently has 1 director, Mr Colin Mullane serving since Mar 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Mullane | England | 60 years | Mar 2013 | - | Director |
P&L
March 2019turnover
3.3m
+4%
operating profit
-101k
0%
gross margin
7.3%
-0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
307.7k
-0.25%
total assets
1.2m
+0.03%
cash
8.3k
-0.41%
net assets
Total assets minus all liabilities
Similar Companies
gt performance sport ltd company details
company number
08438625
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
March 2013
age
11
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
recovery house, hainault business park, ilford, essex, IG6 3TU
last accounts submitted
March 2019
gt performance sport 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 gt performance sport ltd.
gt performance sport ltd Companies House Filings - See Documents
| date | description | view/download |
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