gle motcomb street ltd
gle motcomb street ltd Company Information
Company Number
09630238
Next Accounts
1454 days late
Directors
Shareholders
tgle holdings ltd
Group Structure
View All
Industry
Licensed restaurants
Registered Address
c12 marquis court, team valley trading estate, gateshead, NE11 0RU
Website
-gle motcomb street ltd Estimated Valuation
Pomanda estimates the enterprise value of GLE MOTCOMB STREET LTD at £319.2k based on a Turnover of £468.1k and 0.68x industry multiple (adjusted for size and gross margin).
gle motcomb street ltd Estimated Valuation
Pomanda estimates the enterprise value of GLE MOTCOMB STREET LTD at £0 based on an EBITDA of £-37.9k and a 4.4x industry multiple (adjusted for size and gross margin).
gle motcomb street ltd Estimated Valuation
Pomanda estimates the enterprise value of GLE MOTCOMB STREET LTD at £0 based on Net Assets of £-324.2k and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gle Motcomb Street Ltd Overview
Gle Motcomb Street Ltd is a live company located in gateshead, NE11 0RU with a Companies House number of 09630238. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2015, it's largest shareholder is tgle holdings ltd with a 100% stake. Gle Motcomb Street Ltd is a established, micro sized company, Pomanda has estimated its turnover at £468.1k with declining growth in recent years.
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Gle Motcomb Street Ltd Health Check
Pomanda's financial health check has awarded Gle Motcomb Street Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £468.1k, make it smaller than the average company (£1.1m)
- Gle Motcomb Street Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.1%)
- Gle Motcomb Street Ltd
4.1% - Industry AVG
Production
with a gross margin of 61%, this company has a comparable cost of product (61%)
- Gle Motcomb Street Ltd
61% - Industry AVG
Profitability
an operating margin of -12.9% make it less profitable than the average company (2.4%)
- Gle Motcomb Street Ltd
2.4% - Industry AVG
Employees
with 14 employees, this is below the industry average (67)
14 - Gle Motcomb Street Ltd
67 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Gle Motcomb Street Ltd
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.4k, this is less efficient (£47.8k)
- Gle Motcomb Street Ltd
£47.8k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (5 days)
- Gle Motcomb Street Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (49 days)
- Gle Motcomb Street Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (14 days)
- Gle Motcomb Street Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Gle Motcomb Street Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211.9%, this is a higher level of debt than the average (87.2%)
211.9% - Gle Motcomb Street Ltd
87.2% - Industry AVG
GLE MOTCOMB STREET LTD financials
Gle Motcomb Street Ltd's latest turnover from March 2019 is estimated at £468.1 thousand and the company has net assets of -£324.2 thousand. According to their latest financial statements, Gle Motcomb Street Ltd has 14 employees and maintains cash reserves of £12.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| 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 | 14 | 14 | 17 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Tangible Assets | 81,883 | 99,044 | 120,881 | 141,310 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 81,883 | 99,044 | 120,881 | 141,310 |
| Stock & work in progress | 3,237 | 3,305 | 2,535 | 3,807 |
| Trade Debtors | 5,255 | 16,848 | 11,232 | 14,689 |
| Group Debtors | 116,906 | 100,191 | 100,504 | 30,000 |
| Misc Debtors | 70,237 | 34,595 | 80,562 | 90,328 |
| Cash | 12,153 | 13,697 | 22,926 | 36,862 |
| misc current assets | ||||
| total current assets | 207,788 | 168,636 | 217,759 | 175,686 |
| total assets | 289,671 | 267,680 | 338,640 | 316,996 |
| Bank overdraft | 22,500 | 22,500 | ||
| Bank loan | 22,500 | 22,500 | ||
| Trade Creditors | 64,669 | 22,688 | 48,326 | 54,087 |
| Group/Directors Accounts | 226,980 | 137,485 | 46,972 | |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 217,330 | 236,341 | 225,795 | 120,563 |
| total current liabilities | 531,479 | 419,014 | 343,593 | 197,150 |
| loans | 82,400 | 104,900 | 127,400 | 150,000 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 82,400 | 104,900 | 127,400 | 150,000 |
| total liabilities | 613,879 | 523,914 | 470,993 | 347,150 |
| net assets | -324,208 | -256,234 | -132,353 | -30,154 |
| total shareholders funds | -324,208 | -256,234 | -132,353 | -30,154 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 22,321 | 21,837 | 21,640 | 1,964 |
| Amortisation | ||||
| Tax | ||||
| Stock | -68 | 770 | -1,272 | 3,807 |
| Debtors | 40,764 | -40,664 | 57,281 | 135,017 |
| Creditors | 41,981 | -25,638 | -5,761 | 54,087 |
| Accruals and Deferred Income | -19,011 | 10,546 | 105,232 | 120,563 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -22,500 | 22,500 | ||
| Group/Directors Accounts | 89,495 | 90,513 | 46,972 | |
| Other Short Term Loans | ||||
| Long term loans | -22,500 | -22,500 | -22,600 | 150,000 |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -1,544 | -9,229 | -13,936 | 36,862 |
| overdraft | 22,500 | |||
| change in cash | -1,544 | -31,729 | -13,936 | 36,862 |
gle motcomb street ltd Credit Report and Business Information
Gle Motcomb Street Ltd Competitor Analysis
Perform a competitor analysis for gle motcomb street ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
gle motcomb street ltd Ownership
GLE MOTCOMB STREET LTD group structure
Gle Motcomb Street Ltd has no subsidiary companies.
gle motcomb street ltd directors
Gle Motcomb Street Ltd currently has 1 director, Miss Yas Larizadeh serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Yas Larizadeh | England | 35 years | Jun 2015 | - | Director |
P&L
March 2019turnover
468.1k
-25%
operating profit
-60.2k
0%
gross margin
61.1%
-2.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-324.2k
+0.27%
total assets
289.7k
+0.08%
cash
12.2k
-0.11%
net assets
Total assets minus all liabilities
Similar Companies
gle motcomb street ltd company details
company number
09630238
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
gle motcombe street ltd (June 2015)
accountant
-
auditor
-
address
c12 marquis court, team valley trading estate, gateshead, NE11 0RU
Bank
-
Legal Advisor
-
gle motcomb street 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 gle motcomb street ltd.
gle motcomb street ltd 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.
Click to start generating capital raising & share issue transactions for GLE MOTCOMB STREET LTD. This can take several minutes, an email will notify you when this has completed.
gle motcomb street ltd Companies House Filings - See Documents
| date | description | view/download |
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