gaskin waste recycling limited

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gaskin waste recycling limited Company Information

Share GASKIN WASTE RECYCLING LIMITED

Company Number

09706201

Directors

Rapp Gaskin

Shareholders

rapp gaskin

Group Structure

View All

Industry

Collection of non-hazardous waste

 

Registered Address

unit 55a the old airfield, heck & pollington lane, goole, east yorkshire, DN14 0BA

gaskin waste recycling limited Estimated Valuation

£97.5k

Pomanda estimates the enterprise value of GASKIN WASTE RECYCLING LIMITED at £97.5k based on a Turnover of £137.4k and 0.71x industry multiple (adjusted for size and gross margin).

gaskin waste recycling limited Estimated Valuation

£885.6k

Pomanda estimates the enterprise value of GASKIN WASTE RECYCLING LIMITED at £885.6k based on an EBITDA of £237.5k and a 3.73x industry multiple (adjusted for size and gross margin).

gaskin waste recycling limited Estimated Valuation

£849.7k

Pomanda estimates the enterprise value of GASKIN WASTE RECYCLING LIMITED at £849.7k based on Net Assets of £268.2k and 3.17x industry multiple (adjusted for liquidity).

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Gaskin Waste Recycling Limited Overview

Gaskin Waste Recycling Limited is a live company located in goole, DN14 0BA with a Companies House number of 09706201. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in July 2015, it's largest shareholder is rapp gaskin with a 100% stake. Gaskin Waste Recycling Limited is a established, micro sized company, Pomanda has estimated its turnover at £137.4k with declining growth in recent years.

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Gaskin Waste Recycling Limited Health Check

Pomanda's financial health check has awarded Gaskin Waste Recycling Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £137.4k, make it smaller than the average company (£13.6m)

£137.4k - Gaskin Waste Recycling Limited

£13.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (8.7%)

-38% - Gaskin Waste Recycling Limited

8.7% - Industry AVG

production

Production

with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)

24.9% - Gaskin Waste Recycling Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of 39.5% make it more profitable than the average company (5.8%)

39.5% - Gaskin Waste Recycling Limited

5.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (56)

1 - Gaskin Waste Recycling Limited

56 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Gaskin Waste Recycling Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £137.4k, this is less efficient (£168.5k)

£137.4k - Gaskin Waste Recycling Limited

£168.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (43 days)

4 days - Gaskin Waste Recycling Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 122 days, this is slower than average (34 days)

122 days - Gaskin Waste Recycling Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gaskin Waste Recycling Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)

0 weeks - Gaskin Waste Recycling Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.3%, this is a higher level of debt than the average (61.4%)

71.3% - Gaskin Waste Recycling Limited

61.4% - Industry AVG

GASKIN WASTE RECYCLING LIMITED financials

EXPORTms excel logo

Gaskin Waste Recycling Limited's latest turnover from July 2023 is estimated at £137.4 thousand and the company has net assets of £268.2 thousand. According to their latest financial statements, Gaskin Waste Recycling Limited has 1 employee and maintains cash reserves of £2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Turnover137,378237,019341,348574,12851,904155,57962,71863,471
Other Income Or Grants
Cost Of Sales103,132178,264259,943435,28939,947119,38346,75948,452
Gross Profit34,24658,75581,405138,83811,95636,19515,95915,019
Admin Expenses-20,028-232,50863,08687,1782,55878,783-18,9438,681
Operating Profit54,274291,26318,31951,6609,398-42,58834,9026,338
Interest Payable27,05219,67518,50712,6647,1673,268
Interest Receivable5,7892,61218810117916460
Pre-Tax Profit33,011274,20039,0982,410-45,69134,9629,486
Tax-8,253-52,098-7,429-458-6,643-4,384
Profit After Tax24,758222,10231,6691,952-45,69128,3195,102
Dividends Paid
Retained Profit24,758222,10231,6691,952-45,69128,3195,102
Employee Costs38,17436,35235,424167,10532,63463,59031,22230,341
Number Of Employees11151211
EBITDA*237,515408,019118,51451,6609,39819,89777,98711,269

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Tangible Assets920,515467,028242,982242,982209,853269,652291,38421,902
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets920,515467,028242,982242,982209,853269,652291,38421,902
Stock & work in progress
Trade Debtors1,56035,60463,41863,4181,2003,0483,052
Group Debtors
Misc Debtors9,925
Cash2,003229,548188,403188,40313,72733,95431,82115,883
misc current assets
total current assets13,488265,152251,821251,82114,92737,00234,87315,883
total assets934,003732,180494,803494,803224,780306,654326,25737,785
Bank overdraft188,5493,436
Bank loan
Trade Creditors 34,68686,03115,00046,6597,15228,298
Group/Directors Accounts
other short term finances
hp & lease commitments102,38071,03186,03150,27050,820
other current liabilities38,12650,57626,07426,07423,61421,1925,311
total current liabilities175,192121,607112,105300,65442,050118,12163,28328,298
loans252,489239,371303,395114,846108,366100,545
hp & lease commitments226,296115,93446,13746,13772,86765,439122,105
Accruals and Deferred Income
other liabilities103,063
provisions11,81411,81411,81411,81411,81434,8184,3844,384
total long term liabilities490,599367,119361,346172,797193,047200,802229,5524,384
total liabilities665,791488,726473,451473,451235,097318,923292,83532,682
net assets268,212243,45421,35221,352-10,317-12,26933,4225,103
total shareholders funds268,212243,45421,35221,352-10,317-12,26933,4225,103
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Operating Activities
Operating Profit54,274291,26318,31951,6609,398-42,58834,9026,338
Depreciation183,241116,756100,19562,48543,0854,931
Amortisation
Tax-8,253-52,098-7,429-458-6,643-4,384
Stock
Debtors-24,119-27,81462,218-1,848-43,052
Creditors34,686-86,03171,031-31,65939,507-21,14628,298
Accruals and Deferred Income-12,45024,5022,4602,42215,8815,311
Deferred Taxes & Provisions-23,00430,4344,384
Cash flow from operations275,617408,23732,48355,504-41,453105,72352,45739,567
Investing Activities
capital expenditure-636,728-340,802-100,195-33,12959,799-40,753-312,567-26,833
Change in Investments
cash flow from investments-636,728-340,802-100,195-33,12959,799-40,753-312,567-26,833
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans13,118-64,024188,5496,4807,821100,545
Hire Purchase and Lease Commitments141,71154,79786,031-26,730-42,842-57,216172,925
other long term liabilities-103,063103,063
share issue1
interest-21,263-17,063-18,319-12,563-6,988-3,10460
cash flow from financing133,566-26,290256,261-32,813-42,009-62,838276,0481
cash and cash equivalents
cash-227,54541,145174,676-20,2272,13315,93815,883
overdraft-188,549185,1133,436
change in cash-227,54541,145188,549-10,437-23,6632,13315,93815,883

gaskin waste recycling limited 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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Gaskin Waste Recycling Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gaskin waste recycling limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in DN14 area or any other competitors across 12 key performance metrics.

gaskin waste recycling limited Ownership

GASKIN WASTE RECYCLING LIMITED group structure

Gaskin Waste Recycling Limited has no subsidiary companies.

Ultimate parent company

GASKIN WASTE RECYCLING LIMITED

09706201

GASKIN WASTE RECYCLING LIMITED Shareholders

rapp gaskin 100%

gaskin waste recycling limited directors

Gaskin Waste Recycling Limited currently has 1 director, Mr Rapp Gaskin serving since Jul 2015.

officercountryagestartendrole
Mr Rapp GaskinUnited Kingdom43 years Jul 2015- Director

P&L

July 2023

turnover

137.4k

-42%

operating profit

54.3k

0%

gross margin

25%

+0.56%

turnover

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

Balance Sheet

July 2023

net assets

268.2k

+0.1%

total assets

934k

+0.28%

cash

2k

-0.99%

net assets

Total assets minus all liabilities

gaskin waste recycling limited company details

company number

09706201

Type

Private limited with Share Capital

industry

38110 - Collection of non-hazardous waste

incorporation date

July 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

unit 55a the old airfield, heck & pollington lane, goole, east yorkshire, DN14 0BA

Bank

-

Legal Advisor

-

gaskin waste recycling 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 gaskin waste recycling limited.

gaskin waste recycling limited 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.

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gaskin waste recycling limited Companies House Filings - See Documents

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