g&m meal solutions ltd

3.5

g&m meal solutions ltd Company Information

Share G&M MEAL SOLUTIONS LTD
Live 
EstablishedMicroLow

Company Number

09241354

Website

-

Registered Address

33 wolverhampton road, cannock, WS11 1AP

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

September 2025

Group Structure

View All

Directors

Graham Davis9 Years

Marilyn Davis9 Years

Shareholders

ryhay investments limited 100%

g&m meal solutions ltd Estimated Valuation

£177.1k

Pomanda estimates the enterprise value of G&M MEAL SOLUTIONS LTD at £177.1k based on a Turnover of £321.3k and 0.55x industry multiple (adjusted for size and gross margin).

g&m meal solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of G&M MEAL SOLUTIONS LTD at £0 based on an EBITDA of £-187.9k and a 4.34x industry multiple (adjusted for size and gross margin).

g&m meal solutions ltd Estimated Valuation

£333.6k

Pomanda estimates the enterprise value of G&M MEAL SOLUTIONS LTD at £333.6k based on Net Assets of £639.1k and 0.52x industry multiple (adjusted for liquidity).

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G&m Meal Solutions Ltd Overview

G&m Meal Solutions Ltd is a live company located in cannock, WS11 1AP with a Companies House number of 09241354. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2014, it's largest shareholder is ryhay investments limited with a 100% stake. G&m Meal Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £321.3k with low growth in recent years.

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G&m Meal Solutions Ltd Health Check

Pomanda's financial health check has awarded G&M Meal Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £321.3k, make it smaller than the average company (£4.2m)

£321.3k - G&m Meal Solutions Ltd

£4.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.9%)

4% - G&m Meal Solutions Ltd

5.9% - Industry AVG

production

Production

with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)

37.1% - G&m Meal Solutions Ltd

37.1% - Industry AVG

profitability

Profitability

an operating margin of -58.5% make it less profitable than the average company (5.7%)

-58.5% - G&m Meal Solutions Ltd

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - G&m Meal Solutions Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)

£51.1k - G&m Meal Solutions Ltd

£51.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £160.7k, this is equally as efficient (£160.7k)

£160.7k - G&m Meal Solutions Ltd

£160.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - G&m Meal Solutions Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - G&m Meal Solutions Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - G&m Meal Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 86 weeks, this is more cash available to meet short term requirements (24 weeks)

86 weeks - G&m Meal Solutions Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (61.7%)

0.6% - G&m Meal Solutions Ltd

61.7% - Industry AVG

G&M MEAL SOLUTIONS LTD financials

EXPORTms excel logo

G&M Meal Solutions Ltd's latest turnover from December 2023 is estimated at £321.3 thousand and the company has net assets of £639.1 thousand. According to their latest financial statements, G&M Meal Solutions Ltd has 2 employees and maintains cash reserves of £6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Turnover321,321136,773285,279285,981164,6916,994,7565,534,6203,699,7712,317,930
Other Income Or Grants000000000
Cost Of Sales201,99983,786178,149179,763102,8994,390,3253,443,7542,287,7051,472,967
Gross Profit119,32352,987107,130106,21861,7912,604,4302,090,8661,412,066844,963
Admin Expenses307,212228,921282,354102,195161,6361,922,2582,105,132737,907600,902
Operating Profit-187,889-175,934-175,2244,023-99,845682,172-14,266674,159244,061
Interest Payable000000000
Interest Receivable320221135321288945623
Pre-Tax Profit-187,569-175,713-175,2114,028-99,813682,184-13,377674,615244,084
Tax000-7650-129,6150-134,923-48,817
Profit After Tax-187,569-175,713-175,2113,263-99,813552,569-13,377539,692195,267
Dividends Paid000000000
Retained Profit-187,569-175,713-175,2113,263-99,813552,569-13,377539,692195,267
Employee Costs102,198101,08996,64892,15891,0132,108,7361,672,4321,130,740664,902
Number Of Employees2222248402716
EBITDA*-187,889-175,934-175,2244,023-99,845682,172-14,266674,159244,061

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Tangible Assets0000010610600
Intangible Assets000000000
Investments & Other0000000108108
Debtors (Due After 1 year)000000000
Total Fixed Assets00000106106108108
Stock & work in progress000000000
Trade Debtors01080001,423,6571,021,123627,358369,209
Group Debtors624,904814,339990,4721,166,58100000
Misc Debtors11,82711,82712,48712,4871,176,4490000
Cash5,9896,7995,8244,8765,3413,2290355,5519,147
misc current assets000000000
total current assets642,720833,0731,008,7831,183,9441,181,7901,426,8861,021,123982,909378,356
total assets642,720833,0731,008,7831,183,9441,181,7901,426,9921,021,229983,017378,464
Bank overdraft000000000
Bank loan000000000
Trade Creditors 00003,300152,839299,645248,056183,195
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities3,6106,3946,3916,3414,1500000
total current liabilities3,6106,3946,3916,3417,450152,839299,645248,056183,195
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities3,6106,3946,3916,3417,450152,839299,645248,056183,195
net assets639,110826,6791,002,3921,177,6031,174,3401,274,153721,584734,961195,269
total shareholders funds639,110826,6791,002,3921,177,6031,174,3401,274,153721,584734,961195,269
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Operating Activities
Operating Profit-187,889-175,934-175,2244,023-99,845682,172-14,266674,159244,061
Depreciation000000000
Amortisation000000000
Tax000-7650-129,6150-134,923-48,817
Stock000000000
Debtors-189,543-176,685-176,1092,619-247,208402,534393,765258,149369,209
Creditors000-3,300-149,539-146,80651,58964,861183,195
Accruals and Deferred Income-2,7843502,1914,1500000
Deferred Taxes & Provisions000000000
Cash flow from operations-1,130754935-4701,9743,217-356,442345,9489,230
Investing Activities
capital expenditure00001060-10600
Change in Investments000000-1080108
cash flow from investments0000106020-108
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue000000002
interest320221135321288945623
cash flow from financing320221135321288945625
cash and cash equivalents
cash-810975948-4652,1123,229-355,551346,4049,147
overdraft000000000
change in cash-810975948-4652,1123,229-355,551346,4049,147

g&m meal solutions ltd 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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G&m Meal Solutions Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for g&m meal solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WS11 area or any other competitors across 12 key performance metrics.

g&m meal solutions ltd Ownership

G&M MEAL SOLUTIONS LTD group structure

G&M Meal Solutions Ltd has 4 subsidiary companies.

G&M MEAL SOLUTIONS LTD Shareholders

ryhay investments limited 100%

g&m meal solutions ltd directors

G&M Meal Solutions Ltd currently has 2 directors. The longest serving directors include Mr Graham Davis (Sep 2014) and Mrs Marilyn Davis (Sep 2014).

officercountryagestartendrole
Mr Graham DavisEngland72 years Sep 2014- Director
Mrs Marilyn DavisEngland71 years Sep 2014- Director

P&L

December 2023

turnover

321.3k

+135%

operating profit

-187.9k

0%

gross margin

37.2%

-4.14%

turnover

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

Balance Sheet

December 2023

net assets

639.1k

-0.23%

total assets

642.7k

-0.23%

cash

6k

-0.12%

net assets

Total assets minus all liabilities

g&m meal solutions ltd company details

company number

09241354

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

September 2014

age

10

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

December 2023

address

33 wolverhampton road, cannock, WS11 1AP

accountant

-

auditor

-

g&m meal solutions 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 g&m meal solutions ltd.

charges

g&m meal solutions ltd Companies House Filings - See Documents

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