gl fashions ltd
gl fashions ltd Company Information
Company Number
08798654
Next Accounts
Dec 2024
Industry
Retail sale via mail order houses or via Internet
Shareholders
teng hwe guo
Group Structure
View All
Contact
Registered Address
12 new broadway, tarring rd, worthing, west sussex, BN11 4HP
Website
www.glfashions.co.ukgl fashions ltd Estimated Valuation
Pomanda estimates the enterprise value of GL FASHIONS LTD at £2.3k based on a Turnover of £9.1k and 0.25x industry multiple (adjusted for size and gross margin).
gl fashions ltd Estimated Valuation
Pomanda estimates the enterprise value of GL FASHIONS LTD at £0 based on an EBITDA of £-2.4k and a 2.89x industry multiple (adjusted for size and gross margin).
gl fashions ltd Estimated Valuation
Pomanda estimates the enterprise value of GL FASHIONS LTD at £0 based on Net Assets of £-2.6k and 2.27x industry multiple (adjusted for liquidity).
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Gl Fashions Ltd Overview
Gl Fashions Ltd is a dissolved company that was located in worthing, BN11 4HP with a Companies House number of 08798654. It operated in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2013, it's largest shareholder was teng hwe guo with a 100% stake. The last turnover for Gl Fashions Ltd was estimated at £9.1k.
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Gl Fashions Ltd Health Check
Pomanda's financial health check has awarded Gl Fashions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £9.1k, make it smaller than the average company (£711.1k)
- Gl Fashions Ltd
£711.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (7.7%)
- Gl Fashions Ltd
7.7% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (35.9%)
- Gl Fashions Ltd
35.9% - Industry AVG
Profitability
an operating margin of -26.4% make it less profitable than the average company (2.8%)
- Gl Fashions Ltd
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Gl Fashions Ltd
8 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Gl Fashions Ltd
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £9.1k, this is less efficient (£199.8k)
- Gl Fashions Ltd
£199.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gl Fashions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (35 days)
- Gl Fashions Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gl Fashions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gl Fashions Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Gl Fashions Ltd
- - Industry AVG
GL FASHIONS LTD financials
Gl Fashions Ltd's latest turnover from December 2022 is estimated at £9.1 thousand and the company has net assets of -£2.6 thousand. According to their latest financial statements, we estimate that Gl Fashions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | Dec 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 | 1 | 1 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 3,258 | 8,261 | 6,585 | 6,981 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 545 | 545 | 545 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 3,803 | 8,806 | 7,130 | 6,981 | 0 | 0 | 0 | 0 |
| total assets | 0 | 3,803 | 8,806 | 7,130 | 6,981 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,565 | 3,953 | 7,175 | 11,879 | 12,232 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,565 | 3,953 | 7,175 | 11,879 | 12,232 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,565 | 3,953 | 7,175 | 11,879 | 12,232 | 0 | 0 | 0 | 0 |
| net assets | -2,565 | -150 | 1,631 | -4,749 | -5,251 | 0 | 0 | 0 | 0 |
| total shareholders funds | -2,565 | -150 | 1,631 | -4,749 | -5,251 | 0 | 0 | 0 | 0 |
| Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,803 | -5,003 | 1,676 | 149 | 6,981 | 0 | 0 | 0 | 0 |
| Creditors | -1,388 | -3,222 | -4,704 | -353 | 12,232 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
gl fashions ltd Credit Report and Business Information
Gl Fashions Ltd Competitor Analysis
Perform a competitor analysis for gl fashions ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in BN11 area or any other competitors across 12 key performance metrics.
gl fashions ltd Ownership
GL FASHIONS LTD group structure
Gl Fashions Ltd has no subsidiary companies.
Ultimate parent company
GL FASHIONS LTD
08798654
gl fashions ltd directors
Gl Fashions Ltd currently has 2 directors. The longest serving directors include Ms Ying Lau (Jun 2021) and Mr Teng Guo (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ying Lau | 53 years | Jun 2021 | - | Director | |
| Mr Teng Guo | 44 years | Jun 2021 | - | Director |
P&L
December 2022turnover
9.1k
-37%
operating profit
-2.4k
0%
gross margin
19.8%
-11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-2.6k
+16.1%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
gl fashions ltd company details
company number
08798654
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
December 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
TAXASSIST ACCOUNTANTS
auditor
-
address
12 new broadway, tarring rd, worthing, west sussex, BN11 4HP
Bank
-
Legal Advisor
-
gl fashions 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 gl fashions ltd.
gl fashions 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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gl fashions ltd Companies House Filings - See Documents
| date | description | view/download |
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