gelco properties limited

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gelco properties limited Company Information

Share GELCO PROPERTIES LIMITED

Company Number

08877397

Shareholders

philip anthony geller

elliot cohen

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

mitchell charlesworth, 3rd floor, 44 peter street, manchester, M2 5GP

gelco properties limited Estimated Valuation

£278.5k

Pomanda estimates the enterprise value of GELCO PROPERTIES LIMITED at £278.5k based on a Turnover of £171.9k and 1.62x industry multiple (adjusted for size and gross margin).

gelco properties limited Estimated Valuation

£69.5k

Pomanda estimates the enterprise value of GELCO PROPERTIES LIMITED at £69.5k based on an EBITDA of £16.3k and a 4.27x industry multiple (adjusted for size and gross margin).

gelco properties limited Estimated Valuation

£161.5k

Pomanda estimates the enterprise value of GELCO PROPERTIES LIMITED at £161.5k based on Net Assets of £88.8k and 1.82x industry multiple (adjusted for liquidity).

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Gelco Properties Limited Overview

Gelco Properties Limited is a live company located in manchester, M2 5GP with a Companies House number of 08877397. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 2014, it's largest shareholder is philip anthony geller with a 60% stake. Gelco Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £171.9k with healthy growth in recent years.

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Gelco Properties Limited Health Check

Pomanda's financial health check has awarded Gelco Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £171.9k, make it smaller than the average company (£413.8k)

£171.9k - Gelco Properties Limited

£413.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.1%)

13% - Gelco Properties Limited

6.1% - Industry AVG

production

Production

with a gross margin of 15.3%, this company has a higher cost of product (57.9%)

15.3% - Gelco Properties Limited

57.9% - Industry AVG

profitability

Profitability

an operating margin of 9.5% make it more profitable than the average company (7.8%)

9.5% - Gelco Properties Limited

7.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Gelco Properties Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Gelco Properties Limited

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £85.9k, this is equally as efficient (£100.9k)

£85.9k - Gelco Properties Limited

£100.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 200 days, this is later than average (45 days)

200 days - Gelco Properties Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (30 days)

24 days - Gelco Properties Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gelco Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gelco Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.9%, this is a lower level of debt than the average (60.6%)

9.9% - Gelco Properties Limited

60.6% - Industry AVG

GELCO PROPERTIES LIMITED financials

EXPORTms excel logo

Gelco Properties Limited's latest turnover from March 2024 is estimated at £171.9 thousand and the company has net assets of £88.8 thousand. According to their latest financial statements, Gelco Properties Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover171,874136,179132,997119,18719,40225,96974,394221,3046,834
Other Income Or Grants
Cost Of Sales145,513113,303111,265101,79016,02721,29960,151171,0705,816
Gross Profit26,36122,87621,73217,3973,3754,67014,24342341,018
Admin Expenses10,09615,04616,713209-482-3,45010,189-23,413-17,188-6,674
Operating Profit16,2657,8305,01917,1883,8578,1204,05423,41717,4227,692
Interest Payable
Interest Receivable301249810533
Pre-Tax Profit16,2657,8305,01917,2173,5188,5374,17823,51517,5287,725
Tax-4,066-1,488-954-3,271-344-1,766-794-4,703-3,505-1,622
Profit After Tax12,1996,3424,06513,9463,1746,7713,38418,81214,0226,103
Dividends Paid
Retained Profit12,1996,3424,06513,9463,1746,7713,38418,81214,0226,103
Employee Costs80,00078,85673,73970,31933,71333,11131,77331,75935,34732,853
Number Of Employees2222111111
EBITDA*16,2657,8305,01917,1884,8668,8104,05423,41717,4227,692

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets3,4854476251,5692,6157911,481
Intangible Assets
Investments & Other100100100100100
Debtors (Due After 1 year)
Total Fixed Assets3,4854477251,6692,7158911,581
Stock & work in progress
Trade Debtors94,41582,46180,99173,42945,976100
Group Debtors
Misc Debtors674100100
Cash59,34763,83849,43328,96313,188
misc current assets
total current assets95,08982,46180,99173,42959,34763,83845,97649,53329,06313,288
total assets98,57482,90881,71675,09862,06264,72947,55749,53329,06313,288
Bank overdraft
Bank loan
Trade Creditors 9,7566,28911,4398,8865,236246137,085
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities9,79615,63710,4728,225
total current liabilities9,7566,28911,4398,8869,79615,6375,23610,4968,8387,085
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,7566,28911,4398,8869,79615,6375,23610,4968,8387,085
net assets88,81876,61970,27766,21252,26649,09242,32139,03720,2256,203
total shareholders funds88,81876,61970,27766,21252,26649,09242,32139,03720,2256,203
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit16,2657,8305,01917,1883,8578,1204,05423,41717,4227,692
Depreciation1,009690
Amortisation
Tax-4,066-1,488-954-3,271-344-1,766-794-4,703-3,505-1,622
Stock
Debtors12,6281,4707,56273,429-45,97645,876100
Creditors3,467-5,1502,5538,886-5,2365,212-589-6,4727,085
Accruals and Deferred Income-9,796-5,84115,637-10,4722,2478,225
Deferred Taxes & Provisions
Cash flow from operations3,038-278-944-60,422-1,31963,421-47,87620,37215,67013,055
Investing Activities
capital expenditure-3,0381789441,046-2,833-1,481
Change in Investments-100100
cash flow from investments-3,0382789441,046-2,833-1,581
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest301249810533
cash flow from financing302498105133
cash and cash equivalents
cash-59,347-4,49163,838-49,43320,47015,77513,188
overdraft
change in cash-59,347-4,49163,838-49,43320,47015,77513,188

gelco properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gelco Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gelco properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.

gelco properties limited Ownership

GELCO PROPERTIES LIMITED group structure

Gelco Properties Limited has no subsidiary companies.

Ultimate parent company

GELCO PROPERTIES LIMITED

08877397

GELCO PROPERTIES LIMITED Shareholders

philip anthony geller 60%
elliot cohen 40%

gelco properties limited directors

Gelco Properties Limited currently has 2 directors. The longest serving directors include Mr Philip Geller (Feb 2014) and Mr Elliot Cohen (Feb 2014).

officercountryagestartendrole
Mr Philip GellerUnited Kingdom63 years Feb 2014- Director
Mr Elliot CohenUnited Kingdom67 years Feb 2014- Director

P&L

March 2024

turnover

171.9k

+26%

operating profit

16.3k

0%

gross margin

15.4%

-8.7%

turnover

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

Balance Sheet

March 2024

net assets

88.8k

+0.16%

total assets

98.6k

+0.19%

cash

0

0%

net assets

Total assets minus all liabilities

gelco properties limited company details

company number

08877397

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

February 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

mitchell charlesworth, 3rd floor, 44 peter street, manchester, M2 5GP

Bank

-

Legal Advisor

-

gelco properties 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 gelco properties limited.

gelco properties limited 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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gelco properties limited Companies House Filings - See Documents

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