Pomanda estimates the enterprise value of GLOTECH MARINE LTD at £562.4k based on a Turnover of £1.1m and 0.49x industry multiple (adjusted for size and gross margin).
glotech marine ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GLOTECH MARINE LTD at £0 based on an EBITDA of £-3.7k and a 3.64x industry multiple (adjusted for size and gross margin).
glotech marine ltdEstimated Valuation
£14k
Pomanda estimates the enterprise value of GLOTECH MARINE LTD at £14k based on Net Assets of £4.4k and 3.2x industry multiple (adjusted for liquidity).
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Glotech Marine LtdOverview
Glotech Marine Ltd is a live company located in northampton, NN3 6AQ with a Companies House number of 09907316. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in December 2015, it's largest shareholder is
agherenwi neba
with a 80% stake. Glotech Marine Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Glotech Marine Ltd a 2.5 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 Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£3.2m)
£1.1m - Glotech Marine Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (9.6%)
57% - Glotech Marine Ltd
9.6% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (41.5%)
15.9% - Glotech Marine Ltd
41.5% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6.5%)
-0.3% - Glotech Marine Ltd
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Glotech Marine Ltd
15 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
£41.3k - Glotech Marine Ltd
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £380.6k, this is more efficient (£190.6k)
£380.6k - Glotech Marine Ltd
£190.6k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (32 days)
118 days - Glotech Marine Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (41 days)
142 days - Glotech Marine Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glotech Marine Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glotech Marine Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (62.3%)
98.9% - Glotech Marine Ltd
62.3% - Industry AVG
GLOTECH MARINE LTD financials
EXPORT
Glotech Marine Ltd's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £4.4 thousand. According to their latest financial statements, we estimate that Glotech Marine Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
1,141,710
804,489
564,532
294,164
304,148
17,235
99,136
Other Income Or Grants
Cost Of Sales
960,370
679,591
483,688
258,882
266,562
15,251
88,563
Gross Profit
181,340
124,898
80,844
35,283
37,586
1,984
10,572
Admin Expenses
185,033
142,555
128,526
35,283
-49,072
1,504
7,079
Operating Profit
-3,693
-17,657
-47,682
86,658
480
3,493
Interest Payable
Interest Receivable
Pre-Tax Profit
-3,693
-17,657
-47,682
86,658
480
3,493
Tax
-16,465
-91
-664
Profit After Tax
-3,693
-17,657
-47,682
70,193
389
2,829
Dividends Paid
Retained Profit
-3,693
-17,657
-47,682
70,193
389
2,829
Employee Costs
123,975
115,401
180,579
69,615
69,194
31,764
32,855
Number Of Employees
3
3
5
2
2
1
1
EBITDA*
-3,693
-17,657
-47,682
86,658
480
3,493
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
8,290
11,054
14,738
28,254
28,254
613
Intangible Assets
Investments & Other
9,000
Debtors (Due After 1 year)
Total Fixed Assets
8,290
11,054
23,738
28,254
28,254
613
Stock & work in progress
Trade Debtors
371,357
369,877
364,159
133,187
133,187
9,150
29,417
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
371,357
369,877
364,159
133,187
133,187
9,150
29,417
total assets
379,647
380,931
387,897
161,441
161,441
9,763
29,417
Bank overdraft
Bank loan
Trade Creditors
375,268
372,127
303,921
86,230
86,230
2,945
24,788
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
732
total current liabilities
375,268
372,859
303,921
86,230
86,230
2,945
24,788
loans
hp & lease commitments
Accruals and Deferred Income
1,800
1,800
3,600
1,800
other liabilities
50,000
provisions
8,247
total long term liabilities
58,247
1,800
1,800
3,600
1,800
total liabilities
375,268
372,859
362,168
88,030
88,030
6,545
26,588
net assets
4,379
8,072
25,729
73,411
73,411
3,218
2,829
total shareholders funds
4,379
8,072
25,729
73,411
73,411
3,218
2,829
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
-3,693
-17,657
-47,682
86,658
480
3,493
Depreciation
Amortisation
Tax
-16,465
-91
-664
Stock
Debtors
1,480
5,718
230,972
124,037
-20,267
29,417
Creditors
3,141
68,206
217,691
83,285
-21,843
24,788
Accruals and Deferred Income
-732
732
-1,800
-1,800
1,800
1,800
Deferred Taxes & Provisions
-8,247
8,247
Cash flow from operations
-2,764
37,316
-54,516
27,641
613
Investing Activities
capital expenditure
2,764
3,684
13,516
-27,641
-613
Change in Investments
-9,000
9,000
cash flow from investments
2,764
12,684
4,516
-27,641
-613
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-50,000
50,000
share issue
interest
cash flow from financing
-50,000
50,000
cash and cash equivalents
cash
overdraft
change in cash
glotech marine ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for glotech marine ltd. Get real-time insights into glotech marine ltd's credit score, group structure and payment trends.
Perform a competitor analysis for glotech marine ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NN3 area or any other competitors across 12 key performance metrics.
glotech marine ltd Ownership
GLOTECH MARINE LTD group structure
Glotech Marine Ltd has no subsidiary companies.
Ultimate parent company
GLOTECH MARINE LTD
09907316
GLOTECH MARINE LTD Shareholders
The largest shareholders in Glotech Marine Ltd include Agherenwi Neba and Junto Ltd.
agherenwi neba
80%
junto ltd
10%
nrg futures ltd
10%
glotech marine ltd directors
Glotech Marine Ltd currently has 1 director, Mr Agherenwi Neba serving since Dec 2015.
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
TOPMOST ACCOUNTANCY SERVICES
auditor
-
address
moulton park business centre red, redhouse road, northampton, NN3 6AQ
Bank
-
Legal Advisor
-
glotech marine 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 glotech marine ltd.
glotech marine 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.
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glotech marine ltdCompanies House Filings - See Documents
