gge uk 2 limited
gge uk 2 limited Company Information
Company Number
09566127
Website
-Registered Address
first floor ,, 85 great portland street, london, W1W 7LT
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gge uk 1 limited 100%
gge uk 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GGE UK 2 LIMITED at £5.5m based on a Turnover of £3.4m and 1.63x industry multiple (adjusted for size and gross margin).
gge uk 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GGE UK 2 LIMITED at £22.3m based on an EBITDA of £3.3m and a 6.77x industry multiple (adjusted for size and gross margin).
gge uk 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GGE UK 2 LIMITED at £13.4m based on Net Assets of £7m and 1.93x industry multiple (adjusted for liquidity).
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Gge Uk 2 Limited Overview
Gge Uk 2 Limited is a live company located in london, W1W 7LT with a Companies House number of 09566127. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2015, it's largest shareholder is gge uk 1 limited with a 100% stake. Gge Uk 2 Limited is a young, small sized company, Pomanda has estimated its turnover at £3.4m with unknown growth in recent years.
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Gge Uk 2 Limited Health Check
Pomanda's financial health check has awarded Gge Uk 2 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
3 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£4.6m)
£3.4m - Gge Uk 2 Limited
£4.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gge Uk 2 Limited
- - Industry AVG
Production
with a gross margin of 61.2%, this company has a comparable cost of product (61.2%)
61.2% - Gge Uk 2 Limited
61.2% - Industry AVG
Profitability
an operating margin of 98% make it more profitable than the average company (10.8%)
98% - Gge Uk 2 Limited
10.8% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (15)
- Gge Uk 2 Limited
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Gge Uk 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £224.2k, this is equally as efficient (£226.3k)
- Gge Uk 2 Limited
£226.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gge Uk 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gge Uk 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gge Uk 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (38 weeks)
0 weeks - Gge Uk 2 Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (58.9%)
89.6% - Gge Uk 2 Limited
58.9% - Industry AVG
GGE UK 2 LIMITED financials
Gge Uk 2 Limited's latest turnover from December 2022 is £3.4 million and the company has net assets of £7 million. According to their latest financial statements, we estimate that Gge Uk 2 Limited has 15 employees and maintains cash reserves of £4.3 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 3,363,449 | 3,292,893 | 3,137,647 | 0 | 4,882,764 | 4,791,952 | 4,583,406 | 1,121,292 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | 3,296,335 | 3,076,923 | 2,595,553 | -112,263 | 4,639,341 | 4,766,347 | 4,564,112 | 1,115,080 |
| Interest Payable | 3,720,530 | 3,486,491 | 3,172,621 | 4,442,142 | 4,593,700 | 4,663,923 | 4,464,129 | 1,052,182 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 6,997,075 | 10,289,967 | 2,823,716 | -4,316,926 | -111,848,040 | 103,338 | 101,737 | 62,898 |
| Tax | 0 | 0 | 5,829 | -46,632 | 0 | -20,119 | -20,172 | -12,424 |
| Profit After Tax | 6,997,075 | 10,289,967 | 2,829,545 | -4,363,558 | -111,848,040 | 83,219 | 81,565 | 50,474 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 6,997,075 | 10,289,967 | 2,829,545 | -4,363,558 | -111,848,040 | 83,219 | 81,565 | 50,474 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 3 | 3 | ||||||
| EBITDA* | 3,296,335 | 3,076,923 | 2,595,553 | -112,263 | 4,639,341 | 4,766,347 | 4,564,112 | 1,115,080 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | 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 | 0 | 0 |
| Investments & Other | 8,603,511 | 619,515 | 0 | 0 | 0 | 70,494,742 | 43,621,295 | 21,743 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,603,511 | 619,515 | 0 | 0 | 0 | 70,494,742 | 43,621,295 | 21,743 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,218,107 | 1,567,269 | 1,121,292 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,568,232 | 7,064,188 | 1,399,783 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,302 | 4,302 | 4,164 | 131,261 | 185,251 | 189,300 | 179,793 | 0 |
| misc current assets | 50,110,136 | 48,870,246 | 39,736,031 | 0 | 36,938,428 | 48,203,932 | 46,875,110 | 77,377,698 |
| total current assets | 58,682,671 | 55,938,737 | 41,139,978 | 36,029,361 | 37,123,680 | 49,611,340 | 48,622,172 | 78,498,991 |
| total assets | 67,286,181 | 56,558,252 | 41,139,978 | 36,029,361 | 37,123,680 | 120,106,081 | 92,243,466 | 78,520,733 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 60,262,433 | 56,514,369 | 50,101,590 | 48,496,546 | 49,411,133 | 48,176,497 | 44,885,985 | 36,928,871 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 2,232,941 | 1,848,889 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 42,161 | 59,370 | 1,011,741 | 810,017 | 1,424,735 | 1,207,133 | 1,364,672 | 1,070,818 |
| total current liabilities | 60,304,595 | 56,573,739 | 51,113,332 | 49,306,563 | 50,835,869 | 49,383,631 | 48,483,599 | 39,848,579 |
| 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 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 60,304,595 | 56,573,739 | 51,113,332 | 49,306,563 | 50,835,869 | 49,383,631 | 48,483,599 | 39,848,579 |
| net assets | 6,981,587 | -15,488 | -9,973,353 | -13,277,202 | -13,712,189 | 70,722,451 | 43,759,867 | 38,672,154 |
| total shareholders funds | 6,981,587 | -15,488 | -9,973,353 | -13,277,202 | -13,712,189 | 70,722,451 | 43,759,867 | 38,672,154 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 3,296,335 | 3,076,923 | 2,595,553 | -112,263 | 4,639,341 | 4,766,347 | 4,564,112 | 1,115,080 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 5,829 | -46,632 | 0 | -20,119 | -20,172 | -12,424 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,504,044 | 5,664,405 | 1,399,783 | 0 | -1,218,106 | -349,162 | 445,976 | 1,121,292 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -17,209 | -952,371 | 201,724 | -614,718 | 217,602 | -157,539 | 293,854 | 1,070,818 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,775,082 | -3,539,853 | 1,403,323 | -773,613 | 6,075,049 | 4,937,851 | 4,391,818 | 1,052,182 |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -27,178,270 | 673,068 | -3,077,530 | -77,399,440 |
| Change in Investments | 7,983,996 | 619,515 | 0 | 0 | -70,494,742 | 26,873,447 | 43,599,552 | 21,743 |
| cash flow from investments | -7,983,996 | -619,515 | 0 | 0 | 43,316,472 | -26,200,379 | -46,677,082 | -77,421,183 |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,748,064 | 6,412,779 | 1,605,045 | -914,587 | 1,234,636 | 3,290,513 | 7,957,114 | 36,928,871 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -2,232,941 | 384,052 | 1,848,889 |
| 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 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -3,720,530 | -3,486,491 | -3,172,621 | -4,442,142 | -4,593,700 | -4,663,923 | -4,464,129 | -1,052,182 |
| cash flow from financing | 27,534 | 2,594,186 | -1,093,272 | -558,184 | 24,054,336 | 23,273,014 | 8,883,185 | 76,347,258 |
| cash and cash equivalents | ||||||||
| cash | 0 | 139 | -127,097 | -53,991 | -4,049 | 9,507 | 179,793 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 139 | -127,097 | -53,991 | -4,049 | 9,507 | 179,793 | 0 |
gge uk 2 limited Credit Report and Business Information
Gge Uk 2 Limited Competitor Analysis
Perform a competitor analysis for gge uk 2 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
gge uk 2 limited Ownership
GGE UK 2 LIMITED group structure
Gge Uk 2 Limited has no subsidiary companies.
Ultimate parent company
2 parents
GGE UK 2 LIMITED
09566127
gge uk 2 limited directors
Gge Uk 2 Limited currently has 4 directors. The longest serving directors include Mr Stephen Johnson (Jan 2018) and Mr Nicolas Macke (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Johnson | United Kingdom | 63 years | Jan 2018 | - | Director |
| Mr Nicolas Macke | England | 38 years | Oct 2021 | - | Director |
| Mr Nicolas Macke | England | 38 years | Oct 2021 | - | Director |
| Mr Wael Elkhouly | United Kingdom | 56 years | Jun 2022 | - | Director |
P&L
December 2022turnover
3.4m
+2%
operating profit
3.3m
+7%
gross margin
61.2%
-1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7m
-451.78%
total assets
67.3m
+0.19%
cash
4.3k
0%
net assets
Total assets minus all liabilities
gge uk 2 limited company details
company number
09566127
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2015
age
9
accounts
Full Accounts
ultimate parent company
previous names
gerlach uk holdco 2 limited (April 2016)
incorporated
UK
address
first floor ,, 85 great portland street, london, W1W 7LT
last accounts submitted
December 2022
gge uk 2 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 gge uk 2 limited.
gge uk 2 limited Companies House Filings - See Documents
| date | description | view/download |
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