gardx assure ltd
gardx assure ltd Company Information
Company Number
09339557
Website
www.gardx.co.ukRegistered Address
lake house 2 port way, port solent, hampshire, PO6 4TY
Industry
Activities of insurance agents and brokers
Telephone
01243376426
Next Accounts Due
February 2025
Group Structure
View All
Directors
Victor Coutin9 Years
Shareholders
victor adolf coutin 100%
gardx assure ltd Estimated Valuation
Pomanda estimates the enterprise value of GARDX ASSURE LTD at £8.6m based on a Turnover of £5.3m and 1.62x industry multiple (adjusted for size and gross margin).
gardx assure ltd Estimated Valuation
Pomanda estimates the enterprise value of GARDX ASSURE LTD at £20.4m based on an EBITDA of £3.1m and a 6.59x industry multiple (adjusted for size and gross margin).
gardx assure ltd Estimated Valuation
Pomanda estimates the enterprise value of GARDX ASSURE LTD at £3.9m based on Net Assets of £2.3m and 1.67x industry multiple (adjusted for liquidity).
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Gardx Assure Ltd Overview
Gardx Assure Ltd is a live company located in hampshire, PO6 4TY with a Companies House number of 09339557. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in December 2014, it's largest shareholder is victor adolf coutin with a 100% stake. Gardx Assure Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with rapid growth in recent years.
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Gardx Assure Ltd Health Check
Pomanda's financial health check has awarded Gardx Assure Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £5.3m, make it larger than the average company (£2.7m)
- Gardx Assure Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (5.5%)
- Gardx Assure Ltd
5.5% - Industry AVG
Production
with a gross margin of 96.9%, this company has a comparable cost of product (96.9%)
- Gardx Assure Ltd
96.9% - Industry AVG
Profitability
an operating margin of 58.4% make it more profitable than the average company (20.1%)
- Gardx Assure Ltd
20.1% - Industry AVG
Employees
with 75 employees, this is above the industry average (18)
75 - Gardx Assure Ltd
18 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Gardx Assure Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £70.6k, this is less efficient (£110.2k)
- Gardx Assure Ltd
£110.2k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (73 days)
- Gardx Assure Ltd
73 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (110 days)
- Gardx Assure Ltd
110 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gardx Assure Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (36 weeks)
22 weeks - Gardx Assure Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.4%, this is a lower level of debt than the average (59.9%)
18.4% - Gardx Assure Ltd
59.9% - Industry AVG
GARDX ASSURE LTD financials
Gardx Assure Ltd's latest turnover from May 2023 is estimated at £5.3 million and the company has net assets of £2.3 million. According to their latest financial statements, Gardx Assure Ltd has 75 employees and maintains cash reserves of £230.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 75 | 57 | 33 | 21 | 17 | 14 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 39,355 | 59,032 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 39,355 | 59,032 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 350,717 | 156,460 | 30,406 | 143,433 | 214,031 | 132,780 | 252,757 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,280,289 | 1,066,527 | 1,218,114 | 929,815 | 0 | 1,045,693 | 102,120 | 0 |
| Cash | 230,285 | 521,289 | 165,803 | 263,678 | 60,487 | 165,420 | 65,772 | 489 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,861,291 | 1,744,276 | 1,414,323 | 1,336,926 | 1,508,659 | 1,343,893 | 420,649 | 489 |
| total assets | 2,861,291 | 1,744,276 | 1,414,323 | 1,336,926 | 1,508,659 | 1,343,893 | 460,004 | 59,521 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,135 | 2,267 | 0 | 0 | 0 | 0 | 67,455 | 9,659 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 519,704 | 487,407 | 299,062 | 302,813 | 0 | 723,053 | 229,110 | 50,000 |
| total current liabilities | 526,839 | 489,674 | 299,062 | 302,813 | 588,854 | 723,053 | 296,565 | 59,659 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 44,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 44,000 | 0 |
| total liabilities | 526,839 | 489,674 | 299,062 | 302,813 | 588,854 | 723,053 | 340,565 | 59,659 |
| net assets | 2,334,452 | 1,254,602 | 1,115,261 | 1,034,113 | 919,805 | 620,840 | 119,439 | -138 |
| total shareholders funds | 2,334,452 | 1,254,602 | 1,115,261 | 1,034,113 | 919,805 | 620,840 | 119,439 | -138 |
| May 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 39,355 | 19,677 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,631,006 | -25,533 | 175,272 | 859,217 | -964,442 | 823,596 | 354,877 | 0 |
| Creditors | 7,135 | 2,267 | 0 | 0 | 0 | -67,455 | 57,796 | 9,659 |
| Accruals and Deferred Income | 519,704 | 188,345 | -3,751 | 302,813 | -723,053 | 493,943 | 179,110 | 50,000 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -44,000 | 44,000 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 230,285 | 355,486 | -97,875 | 203,191 | -104,933 | 99,648 | 65,283 | 489 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 230,285 | 355,486 | -97,875 | 203,191 | -104,933 | 99,648 | 65,283 | 489 |
gardx assure ltd Credit Report and Business Information
Gardx Assure Ltd Competitor Analysis
Perform a competitor analysis for gardx assure ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in PO6 area or any other competitors across 12 key performance metrics.
gardx assure ltd Ownership
GARDX ASSURE LTD group structure
Gardx Assure Ltd has no subsidiary companies.
Ultimate parent company
GARDX ASSURE LTD
09339557
gardx assure ltd directors
Gardx Assure Ltd currently has 1 director, Mr Victor Coutin serving since Dec 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Victor Coutin | England | 69 years | Dec 2014 | - | Director |
P&L
May 2023turnover
5.3m
0%
operating profit
3.1m
0%
gross margin
97%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2.3m
0%
total assets
2.9m
0%
cash
230.3k
0%
net assets
Total assets minus all liabilities
gardx assure ltd company details
company number
09339557
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
December 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
lake house 2 port way, port solent, hampshire, PO6 4TY
accountant
CARPENTER BOX
auditor
-
gardx assure 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 gardx assure ltd.
gardx assure ltd Companies House Filings - See Documents
| date | description | view/download |
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