gse technology ltd
gse technology ltd Company Information
Company Number
08821104
Website
www.gsetechonology.co.ukRegistered Address
109 quebec road, ilford, IG2 6AW
Industry
Retail sale of audio and video equipment in specialised stores
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
naing han thar 60%
thin thin soe 40%
gse technology ltd Estimated Valuation
Pomanda estimates the enterprise value of GSE TECHNOLOGY LTD at £330.1k based on a Turnover of £1.8m and 0.18x industry multiple (adjusted for size and gross margin).
gse technology ltd Estimated Valuation
Pomanda estimates the enterprise value of GSE TECHNOLOGY LTD at £527.4k based on an EBITDA of £171.4k and a 3.08x industry multiple (adjusted for size and gross margin).
gse technology ltd Estimated Valuation
Pomanda estimates the enterprise value of GSE TECHNOLOGY LTD at £5.1m based on Net Assets of £1.6m and 3.22x industry multiple (adjusted for liquidity).
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Gse Technology Ltd Overview
Gse Technology Ltd is a live company located in ilford, IG2 6AW with a Companies House number of 08821104. It operates in the retail sale of audio and video equipment in specialised stores sector, SIC Code 47430. Founded in December 2013, it's largest shareholder is naing han thar with a 60% stake. Gse Technology Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.
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Gse Technology Ltd Health Check
Pomanda's financial health check has awarded Gse Technology Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£12.8m)
- Gse Technology Ltd
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.4%)
- Gse Technology Ltd
6.4% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (32.3%)
- Gse Technology Ltd
32.3% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (4.2%)
- Gse Technology Ltd
4.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (66)
3 - Gse Technology Ltd
66 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Gse Technology Ltd
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £595.6k, this is more efficient (£214.2k)
- Gse Technology Ltd
£214.2k - Industry AVG
Debtor Days
it gets paid by customers after 212 days, this is later than average (22 days)
- Gse Technology Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (36 days)
- Gse Technology Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gse Technology Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gse Technology Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.9%, this is a lower level of debt than the average (52.1%)
12.9% - Gse Technology Ltd
52.1% - Industry AVG
GSE TECHNOLOGY LTD financials
Gse Technology Ltd's latest turnover from December 2022 is estimated at £1.8 million and the company has net assets of £1.6 million. According to their latest financial statements, Gse Technology Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 3 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 767,867 | 17,168 | 14,510 | 13,480 | 9,259 | 3,407 | 1,192 | 1,490 | 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 | 767,867 | 17,168 | 14,510 | 13,480 | 9,259 | 3,407 | 1,192 | 1,490 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,038,788 | 1,672,368 | 1,412,090 | 920,708 | 574,918 | 197,685 | 35,951 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,617 | 3,730 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,038,788 | 1,672,368 | 1,412,090 | 920,708 | 574,918 | 197,685 | 35,951 | 2,617 | 3,730 |
| total assets | 1,806,655 | 1,689,536 | 1,426,600 | 934,188 | 584,177 | 201,092 | 37,143 | 4,107 | 3,730 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 233,195 | 254,881 | 77,750 | 40,593 | 96,547 | 2,341 | 3,738 | 2,600 | 2,912 |
| 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 | 233,195 | 254,881 | 77,750 | 40,593 | 96,547 | 2,341 | 3,738 | 2,600 | 2,912 |
| 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 | 233,195 | 254,881 | 77,750 | 40,593 | 96,547 | 2,341 | 3,738 | 2,600 | 2,912 |
| net assets | 1,573,460 | 1,434,655 | 1,348,850 | 893,595 | 487,630 | 198,751 | 33,405 | 1,507 | 818 |
| total shareholders funds | 1,573,460 | 1,434,655 | 1,348,850 | 893,595 | 487,630 | 198,751 | 33,405 | 1,507 | 818 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 372 | 0 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -633,580 | 260,278 | 491,382 | 345,790 | 377,233 | 161,734 | 35,951 | 0 | 0 |
| Creditors | -21,686 | 177,131 | 37,157 | -55,954 | 94,206 | -1,397 | 1,138 | -312 | 2,912 |
| 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 | -2,617 | -1,113 | 3,730 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,617 | -1,113 | 3,730 |
gse technology ltd Credit Report and Business Information
Gse Technology Ltd Competitor Analysis
Perform a competitor analysis for gse technology ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gse technology ltd Ownership
GSE TECHNOLOGY LTD group structure
Gse Technology Ltd has no subsidiary companies.
Ultimate parent company
GSE TECHNOLOGY LTD
08821104
gse technology ltd directors
Gse Technology Ltd currently has 2 directors. The longest serving directors include Mr Naing Thar (Nov 2015) and Mrs Thin Soe (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naing Thar | England | 47 years | Nov 2015 | - | Director |
| Mrs Thin Soe | England | 47 years | Oct 2020 | - | Director |
P&L
December 2022turnover
1.8m
-38%
operating profit
171.4k
0%
gross margin
17.7%
-25.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.6m
+0.1%
total assets
1.8m
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
gse technology ltd company details
company number
08821104
Type
Private limited with Share Capital
industry
47430 - Retail sale of audio and video equipment in specialised stores
incorporation date
December 2013
age
11
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
109 quebec road, ilford, IG2 6AW
last accounts submitted
December 2022
gse technology 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 gse technology ltd.
gse technology ltd Companies House Filings - See Documents
| date | description | view/download |
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