gr8 fashion limited
gr8 fashion limited Company Information
Company Number
09047421
Website
-Registered Address
unit 20 the hives mosley road, trafford park, manchester, M17 1HQ
Industry
Wholesale of textiles
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
fareena khalid 100%
gr8 fashion limited Estimated Valuation
Pomanda estimates the enterprise value of GR8 FASHION LIMITED at £878.6k based on a Turnover of £2.7m and 0.32x industry multiple (adjusted for size and gross margin).
gr8 fashion limited Estimated Valuation
Pomanda estimates the enterprise value of GR8 FASHION LIMITED at £10.5k based on an EBITDA of £2.4k and a 4.43x industry multiple (adjusted for size and gross margin).
gr8 fashion limited Estimated Valuation
Pomanda estimates the enterprise value of GR8 FASHION LIMITED at £18.5k based on Net Assets of £10k and 1.85x industry multiple (adjusted for liquidity).
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Gr8 Fashion Limited Overview
Gr8 Fashion Limited is a dissolved company that was located in manchester, M17 1HQ with a Companies House number of 09047421. It operated in the wholesale of textiles sector, SIC Code 46410. Founded in May 2014, it's largest shareholder was fareena khalid with a 100% stake. The last turnover for Gr8 Fashion Limited was estimated at £2.7m.
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Gr8 Fashion Limited Health Check
Pomanda's financial health check has awarded Gr8 Fashion Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£12.4m)
- Gr8 Fashion Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (1.9%)
- Gr8 Fashion Limited
1.9% - Industry AVG
Production
with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)
- Gr8 Fashion Limited
26.5% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.3%)
- Gr8 Fashion Limited
4.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (40)
6 - Gr8 Fashion Limited
40 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Gr8 Fashion Limited
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £451.7k, this is more efficient (£250.8k)
- Gr8 Fashion Limited
£250.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gr8 Fashion Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (29 days)
- Gr8 Fashion Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is less than average (115 days)
- Gr8 Fashion Limited
115 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (6 weeks)
3 weeks - Gr8 Fashion Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (55.6%)
98.7% - Gr8 Fashion Limited
55.6% - Industry AVG
GR8 FASHION LIMITED financials
Gr8 Fashion Limited's latest turnover from May 2020 is estimated at £2.7 million and the company has net assets of £10 thousand. According to their latest financial statements, Gr8 Fashion Limited has 6 employees and maintains cash reserves of £52.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|
| 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 | 6 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 48,300 | 0 | 0 | 0 | 0 | 0 |
| 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 | 48,300 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 458,624 | 402,287 | 115,112 | 75,763 | 74,988 | 9,647 |
| Trade Debtors | 0 | 0 | 0 | 116,775 | 2,101 | 2,101 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,493 | 0 | 280,000 | 0 | 0 | 0 |
| Cash | 52,111 | 12,193 | 9,095 | 1 | 21,616 | 7,006 |
| misc current assets | 0 | 299,500 | 0 | 0 | 0 | 0 |
| total current assets | 719,728 | 713,980 | 404,207 | 192,539 | 98,705 | 18,754 |
| total assets | 768,028 | 713,980 | 404,207 | 192,539 | 98,705 | 18,754 |
| Bank overdraft | 7,864 | 0 | 0 | 6,062 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 622,439 | 566,552 | 183,914 | 128,251 | 91,991 | 18,276 |
| Group/Directors Accounts | 0 | 69,129 | 52,129 | 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 | 77,730 | 68,815 | 162,605 | 53,434 | 0 | 0 |
| total current liabilities | 708,033 | 704,496 | 398,648 | 187,747 | 91,991 | 18,276 |
| loans | 50,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 50,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 758,033 | 704,496 | 398,648 | 187,747 | 91,991 | 18,276 |
| net assets | 9,995 | 9,484 | 5,559 | 4,792 | 6,714 | 478 |
| total shareholders funds | 9,995 | 9,484 | 5,559 | 4,792 | 6,714 | 478 |
| May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 56,337 | 287,175 | 39,349 | 775 | 65,341 | 9,647 |
| Debtors | 9,493 | -280,000 | 163,225 | 114,674 | 0 | 2,101 |
| Creditors | 55,887 | 382,638 | 55,663 | 36,260 | 73,715 | 18,276 |
| Accruals and Deferred Income | 8,915 | -93,790 | 109,171 | 53,434 | 0 | 0 |
| 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 | -69,129 | 17,000 | 52,129 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 50,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 39,918 | 3,098 | 9,094 | -21,615 | 14,610 | 7,006 |
| overdraft | 7,864 | 0 | -6,062 | 6,062 | 0 | 0 |
| change in cash | 32,054 | 3,098 | 15,156 | -27,677 | 14,610 | 7,006 |
gr8 fashion limited Credit Report and Business Information
Gr8 Fashion Limited Competitor Analysis
Perform a competitor analysis for gr8 fashion limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gr8 fashion limited Ownership
GR8 FASHION LIMITED group structure
Gr8 Fashion Limited has no subsidiary companies.
Ultimate parent company
GR8 FASHION LIMITED
09047421
gr8 fashion limited directors
Gr8 Fashion Limited currently has 2 directors. The longest serving directors include Mr Arkam Saeed (Jul 2018) and Mrs Fareena Khalid (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arkam Saeed | England | 47 years | Jul 2018 | - | Director |
| Mrs Fareena Khalid | England | 35 years | Dec 2019 | - | Director |
P&L
May 2020turnover
2.7m
+4%
operating profit
2.4k
0%
gross margin
26.6%
+3.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
10k
+0.05%
total assets
768k
+0.08%
cash
52.1k
+3.27%
net assets
Total assets minus all liabilities
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gr8 fashion limited company details
company number
09047421
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
May 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 20 the hives mosley road, trafford park, manchester, M17 1HQ
last accounts submitted
May 2020
gr8 fashion 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 found 1 charges/mortgages relating to gr8 fashion limited. Currently there are 0 open charges and 1 have been satisfied in the past.
gr8 fashion limited Companies House Filings - See Documents
| date | description | view/download |
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