gkm accountants limited

gkm accountants limited Company Information

Share GKM ACCOUNTANTS LIMITED
Live 
EstablishedMicroDeclining

Company Number

08561681

Industry

Financial management

 

Accounting, and auditing activities

 

Directors

Glenn Musson

Shareholders

glenn musson

janet musson

Group Structure

View All

Contact

Registered Address

18 evelegh road, portsmouth, PO6 1DL

gkm accountants limited Estimated Valuation

£28k

Pomanda estimates the enterprise value of GKM ACCOUNTANTS LIMITED at £28k based on a Turnover of £42.3k and 0.66x industry multiple (adjusted for size and gross margin).

gkm accountants limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GKM ACCOUNTANTS LIMITED at £0 based on an EBITDA of £-9.3k and a 4.28x industry multiple (adjusted for size and gross margin).

gkm accountants limited Estimated Valuation

£12.1k

Pomanda estimates the enterprise value of GKM ACCOUNTANTS LIMITED at £12.1k based on Net Assets of £3.6k and 3.37x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Gkm Accountants Limited Overview

Gkm Accountants Limited is a live company located in portsmouth, PO6 1DL with a Companies House number of 08561681. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2013, it's largest shareholder is glenn musson with a 60% stake. Gkm Accountants Limited is a established, micro sized company, Pomanda has estimated its turnover at £42.3k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Gkm Accountants Limited Health Check

Pomanda's financial health check has awarded Gkm Accountants Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £42.3k, make it smaller than the average company (£530.4k)

£42.3k - Gkm Accountants Limited

£530.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (9.1%)

-6% - Gkm Accountants Limited

9.1% - Industry AVG

production

Production

with a gross margin of 36.6%, this company has a higher cost of product (73.9%)

36.6% - Gkm Accountants Limited

73.9% - Industry AVG

profitability

Profitability

an operating margin of -22% make it less profitable than the average company (10.5%)

-22% - Gkm Accountants Limited

10.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Gkm Accountants Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)

£38.7k - Gkm Accountants Limited

£38.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £21.1k, this is less efficient (£106.2k)

£21.1k - Gkm Accountants Limited

£106.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is earlier than average (78 days)

47 days - Gkm Accountants Limited

78 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (30 days)

27 days - Gkm Accountants Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gkm Accountants Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gkm Accountants Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (58.7%)

35.8% - Gkm Accountants Limited

58.7% - Industry AVG

GKM ACCOUNTANTS LIMITED financials

EXPORTms excel logo

Gkm Accountants Limited's latest turnover from June 2024 is estimated at £42.3 thousand and the company has net assets of £3.6 thousand. According to their latest financial statements, Gkm Accountants Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Turnover42,29658,05433,64851,30031,40662,86891,98957,40128,36750,70974,522
Other Income Or Grants00000000000
Cost Of Sales26,82135,23619,99929,97918,41538,56051,03530,83815,49231,07144,675
Gross Profit15,47522,81813,64821,32212,99124,30840,95426,56212,87519,63829,847
Admin Expenses24,7967,89419,19415,08621,89132,32317,71628,92316,19232,3006,378
Operating Profit-9,32114,924-5,5466,236-8,900-8,01523,238-2,361-3,317-12,66223,469
Interest Payable00000000000
Interest Receivable00000006264430
Pre-Tax Profit-9,32114,924-5,5466,236-8,900-8,01523,238-2,355-3,291-12,61823,499
Tax0-3,7310-1,18500-4,415000-4,935
Profit After Tax-9,32111,193-5,5465,051-8,900-8,01518,823-2,355-3,291-12,61818,564
Dividends Paid00000000000
Retained Profit-9,32111,193-5,5465,051-8,900-8,01518,823-2,355-3,291-12,61818,564
Employee Costs77,46472,79834,58031,82633,86674,65979,50175,28439,29039,63542,148
Number Of Employees22111222111
EBITDA*-9,32114,924-5,5466,236-8,900-8,01523,238-2,361-2,002-12,66224,336

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Tangible Assets84433178002651,0811,1054341,7491,762
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets84433178002651,0811,1054341,7491,762
Stock & work in progress00000000000
Trade Debtors5,50417,88615,58430,76510,90424,57840,04815,0749,92714,99319,239
Group Debtors00000000000
Misc Debtors00000000000
Cash000000004,7575,81211,914
misc current assets00000000000
total current assets5,50417,88615,58430,76510,90424,57840,04815,07414,68420,80531,153
total assets5,58818,31915,76230,76510,90424,84341,12916,17915,11822,55432,915
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 2,0035,41314,04923,5068,69613,73522,00615,8792,57616,59814,341
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities2,0035,41314,04923,5068,69613,73522,00615,8792,57616,59814,341
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities000000009,87700
provisions00000000000
total long term liabilities000000009,87700
total liabilities2,0035,41314,04923,5068,69613,73522,00615,87912,45316,59814,341
net assets3,58512,9061,7137,2592,20811,10819,1233002,6655,95618,574
total shareholders funds3,58512,9061,7137,2592,20811,10819,1233002,6655,95618,574
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014
Operating Activities
Operating Profit-9,32114,924-5,5466,236-8,900-8,01523,238-2,361-3,317-12,66223,469
Depreciation000000001,3150867
Amortisation00000000000
Tax0-3,7310-1,18500-4,415000-4,935
Stock00000000000
Debtors-12,3822,302-15,18119,861-13,674-15,47024,9745,147-5,066-4,24619,239
Creditors-3,410-8,636-9,45714,810-5,039-8,2716,12713,303-14,0222,25714,341
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations-3492551780-265-816-245,795-10,958-6,15914,503
Investing Activities
capital expenditure349-255-178026581624-671013-2,629
Change in Investments00000000000
cash flow from investments349-255-178026581624-671013-2,629
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities0000000-9,8779,87700
share issue0000000-100010
interest00000006264430
cash flow from financing0000000-9,8819,9034440
cash and cash equivalents
cash0000000-4,757-1,055-6,10211,914
overdraft00000000000
change in cash0000000-4,757-1,055-6,10211,914

gkm accountants limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gkm accountants limited. Get real-time insights into gkm accountants limited'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

Gkm Accountants Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gkm accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PO6 area or any other competitors across 12 key performance metrics.

gkm accountants limited Ownership

GKM ACCOUNTANTS LIMITED group structure

Gkm Accountants Limited has no subsidiary companies.

Ultimate parent company

GKM ACCOUNTANTS LIMITED

08561681

GKM ACCOUNTANTS LIMITED Shareholders

glenn musson 60%
janet musson 40%

gkm accountants limited directors

Gkm Accountants Limited currently has 1 director, Mr Glenn Musson serving since Jun 2013.

officercountryagestartendrole
Mr Glenn Musson58 years Jun 2013- Director

P&L

June 2024

turnover

42.3k

-27%

operating profit

-9.3k

0%

gross margin

36.6%

-6.92%

turnover

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

Balance Sheet

June 2024

net assets

3.6k

-0.72%

total assets

5.6k

-0.69%

cash

0

0%

net assets

Total assets minus all liabilities

gkm accountants limited company details

company number

08561681

Type

Private limited with Share Capital

industry

70221 - Financial management

69201 - Accounting, and auditing activities

incorporation date

June 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

GKM ACCOUNTANTS LTD

auditor

-

address

18 evelegh road, portsmouth, PO6 1DL

Bank

-

Legal Advisor

-

gkm accountants 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 gkm accountants limited.

charges

gkm accountants limited Companies House Filings - See Documents

datedescriptionview/download