gft2 ltd
gft2 ltd Company Information
Company Number
10511505
Next Accounts
Mar 2025
Directors
Shareholders
shahnez feroza miah bharwani
Group Structure
View All
Industry
Retail sale of automotive fuel in specialised stores
Registered Address
64 booths farm road, birmingham, B42 2NP
Website
-gft2 ltd Estimated Valuation
Pomanda estimates the enterprise value of GFT2 LTD at £405.5k based on a Turnover of £1.3m and 0.32x industry multiple (adjusted for size and gross margin).
gft2 ltd Estimated Valuation
Pomanda estimates the enterprise value of GFT2 LTD at £112.2k based on an EBITDA of £30.9k and a 3.64x industry multiple (adjusted for size and gross margin).
gft2 ltd Estimated Valuation
Pomanda estimates the enterprise value of GFT2 LTD at £550.1k based on Net Assets of £280.4k and 1.96x industry multiple (adjusted for liquidity).
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Gft2 Ltd Overview
Gft2 Ltd is a live company located in birmingham, B42 2NP with a Companies House number of 10511505. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in December 2016, it's largest shareholder is shahnez feroza miah bharwani with a 100% stake. Gft2 Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Gft2 Ltd Health Check
Pomanda's financial health check has awarded Gft2 Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£23.5m)
- Gft2 Ltd
£23.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9.4%)
- Gft2 Ltd
9.4% - Industry AVG
Production
with a gross margin of 12.3%, this company has a comparable cost of product (12.3%)
- Gft2 Ltd
12.3% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (3.9%)
- Gft2 Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (52)
1 - Gft2 Ltd
52 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has an equivalent pay structure (£17.7k)
- Gft2 Ltd
£17.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£412k)
- Gft2 Ltd
£412k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (4 days)
- Gft2 Ltd
4 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (21 days)
- Gft2 Ltd
21 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (8 days)
- Gft2 Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (26 weeks)
14 weeks - Gft2 Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52%, this is a similar level of debt than the average (55.1%)
52% - Gft2 Ltd
55.1% - Industry AVG
GFT2 LTD financials
Gft2 Ltd's latest turnover from June 2023 is estimated at £1.3 million and the company has net assets of £280.4 thousand. According to their latest financial statements, Gft2 Ltd has 1 employee and maintains cash reserves of £78.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,193 | 18,124 | 23,054 | 15,652 | 10,233 | 12,039 | |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 13,193 | 18,124 | 23,054 | 15,652 | 10,233 | 12,039 | |
| Stock & work in progress | 36,372 | 36,372 | 72,009 | 19,031 | 42,309 | 71,318 | |
| Trade Debtors | 47,709 | 72,176 | 47,978 | 40,399 | 85,079 | 58,869 | |
| Group Debtors | |||||||
| Misc Debtors | 407,798 | 413,798 | 330,798 | 245,800 | 233,035 | 144,970 | |
| Cash | 78,623 | 41,473 | 162,826 | 209,085 | 62,735 | 57,965 | 1 |
| misc current assets | |||||||
| total current assets | 570,502 | 563,819 | 613,611 | 514,315 | 423,158 | 333,122 | 1 |
| total assets | 583,695 | 581,943 | 636,665 | 529,967 | 433,391 | 345,161 | 1 |
| Bank overdraft | |||||||
| Bank loan | 10,000 | 10,000 | 10,000 | 833 | |||
| Trade Creditors | 6,243 | 13,457 | 101,142 | 81,061 | 106,579 | 104,304 | |
| Group/Directors Accounts | 65,861 | 31,597 | |||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 267,915 | 267,833 | 299,225 | 289,086 | 226,501 | 214,645 | |
| total current liabilities | 284,158 | 291,290 | 410,367 | 370,980 | 398,941 | 350,546 | |
| loans | 19,167 | 29,167 | 39,166 | 49,167 | |||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 19,167 | 29,167 | 39,166 | 49,167 | |||
| total liabilities | 303,325 | 320,457 | 449,533 | 420,147 | 398,941 | 350,546 | |
| net assets | 280,370 | 261,486 | 187,132 | 109,820 | 34,450 | -5,385 | 1 |
| total shareholders funds | 280,370 | 261,486 | 187,132 | 109,820 | 34,450 | -5,385 | 1 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 4,931 | 4,931 | 4,931 | 3,081 | 1,806 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -35,637 | 52,978 | -23,278 | -29,009 | 71,318 | ||
| Debtors | -30,467 | 107,198 | 92,577 | -31,915 | 114,275 | 203,839 | |
| Creditors | -7,214 | -87,685 | 20,081 | -25,518 | 2,275 | 104,304 | |
| Accruals and Deferred Income | 82 | -31,392 | 10,139 | 62,585 | 11,856 | 214,645 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 9,167 | 833 | |||||
| Group/Directors Accounts | -65,861 | 34,264 | 31,597 | ||||
| Other Short Term Loans | |||||||
| Long term loans | -10,000 | -9,999 | -10,001 | 49,167 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 37,150 | -121,353 | -46,259 | 146,350 | 4,770 | 57,964 | 1 |
| overdraft | |||||||
| change in cash | 37,150 | -121,353 | -46,259 | 146,350 | 4,770 | 57,964 | 1 |
gft2 ltd Credit Report and Business Information
Gft2 Ltd Competitor Analysis
Perform a competitor analysis for gft2 ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B42 area or any other competitors across 12 key performance metrics.
gft2 ltd Ownership
GFT2 LTD group structure
Gft2 Ltd has no subsidiary companies.
Ultimate parent company
GFT2 LTD
10511505
gft2 ltd directors
Gft2 Ltd currently has 1 director, Mrs Shahnez Bharwani serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Shahnez Bharwani | United Kingdom | 59 years | Dec 2016 | - | Director |
P&L
June 2023turnover
1.3m
-16%
operating profit
25.9k
0%
gross margin
12.3%
+0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
280.4k
+0.07%
total assets
583.7k
0%
cash
78.6k
+0.9%
net assets
Total assets minus all liabilities
gft2 ltd company details
company number
10511505
Type
Private limited with Share Capital
industry
47300 - Retail sale of automotive fuel in specialised stores
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
RMY CLEMENTS LTD
auditor
-
address
64 booths farm road, birmingham, B42 2NP
Bank
-
Legal Advisor
-
gft2 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 gft2 ltd.
gft2 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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gft2 ltd Companies House Filings - See Documents
| date | description | view/download |
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