geotek limited
geotek limited Company Information
Company Number
10612823
Website
www.geotek.co.ukRegistered Address
52c borough high street, london, SE1 1XN
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
Telephone
01327311666
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
geotek holding limited 100%
geotek limited Estimated Valuation
Pomanda estimates the enterprise value of GEOTEK LIMITED at £4.6m based on a Turnover of £6.4m and 0.72x industry multiple (adjusted for size and gross margin).
geotek limited Estimated Valuation
Pomanda estimates the enterprise value of GEOTEK LIMITED at £8.7m based on an EBITDA of £1.6m and a 5.5x industry multiple (adjusted for size and gross margin).
geotek limited Estimated Valuation
Pomanda estimates the enterprise value of GEOTEK LIMITED at £30.7m based on Net Assets of £11.9m and 2.59x industry multiple (adjusted for liquidity).
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Geotek Limited Overview
Geotek Limited is a live company located in london, SE1 1XN with a Companies House number of 10612823. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in February 2017, it's largest shareholder is geotek holding limited with a 100% stake. Geotek Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.4m with declining growth in recent years.
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Geotek Limited Health Check
Pomanda's financial health check has awarded Geotek Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £6.6m, make it larger than the average company (£5m)
£6.6m - Geotek Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3%)
- Geotek Limited
3% - Industry AVG
Production
with a gross margin of 44.7%, this company has a comparable cost of product (44.7%)
44.7% - Geotek Limited
44.7% - Industry AVG
Profitability
an operating margin of 124.5% make it more profitable than the average company (6.6%)
124.5% - Geotek Limited
6.6% - Industry AVG
Employees
with 35 employees, this is similar to the industry average (35)
35 - Geotek Limited
35 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£45.7k)
£43.8k - Geotek Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £189.1k, this is more efficient (£125.5k)
£189.1k - Geotek Limited
£125.5k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (57 days)
79 days - Geotek Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (34 days)
22 days - Geotek Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 380 days, this is more than average (51 days)
380 days - Geotek Limited
51 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 114 weeks, this is more cash available to meet short term requirements (24 weeks)
114 weeks - Geotek Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (50%)
20% - Geotek Limited
50% - Industry AVG
geotek limited Credit Report and Business Information
Geotek Limited Competitor Analysis
Perform a competitor analysis for geotek limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
geotek limited Ownership
GEOTEK LIMITED group structure
Geotek Limited has 1 subsidiary company.
Ultimate parent company
2 parents
GEOTEK LIMITED
10612823
1 subsidiary
geotek limited directors
Geotek Limited currently has 9 directors. The longest serving directors include Mr Anthony Bosley (Feb 2017) and Dr Peter Schultheiss (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Bosley | England | 58 years | Feb 2017 | - | Director |
| Dr Peter Schultheiss | United Kingdom | 72 years | Feb 2017 | - | Director |
| Mr Karl Snelling | England | 51 years | May 2022 | - | Director |
| Mr David Cicurel | England | 75 years | May 2022 | - | Director |
| Mr Karl Snelling | England | 51 years | May 2022 | - | Director |
| Mr Mark Lavelle | England | 65 years | May 2022 | - | Director |
| Mr Bradley Ormsby | England | 48 years | May 2022 | - | Director |
| Mr Anthony Cooper | United Kingdom | 47 years | May 2022 | - | Director |
| Mr Michael Brocklesby | England | 55 years | Jun 2023 | - | Director |
GEOTEK LIMITED financials
Geotek Limited's latest turnover from December 2022 is £6.4 million and the company has net assets of £11.9 million. According to their latest financial statements, Geotek Limited has 36 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 6,387,671 | 6,619,726 | ||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | 1,460,259 | 8,243,506 | ||||
| Interest Payable | 0 | 0 | ||||
| Interest Receivable | 1,285 | 21 | ||||
| Pre-Tax Profit | 1,461,544 | 8,243,527 | ||||
| Tax | 953,670 | -357,081 | ||||
| Profit After Tax | 2,415,214 | 7,886,446 | ||||
| Dividends Paid | 6,532,880 | 0 | ||||
| Retained Profit | -4,117,666 | 7,886,446 | ||||
| Employee Costs | 1,237,958 | 1,534,099 | ||||
| Number Of Employees | 36 | 35 | 34 | 32 | 31 | 28 |
| EBITDA* | 1,589,045 | 8,299,887 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,624,997 | 1,753,783 | 97,699 | 173,542 | 225,279 | 276,821 |
| Intangible Assets | 218,688 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 595,717 | 1,152,169 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 51,656 | 51,656 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,491,058 | 2,957,608 | 97,699 | 173,542 | 225,279 | 276,821 |
| Stock & work in progress | 4,194,278 | 3,815,879 | 4,192,579 | 3,729,372 | 2,719,760 | 1,826,680 |
| Trade Debtors | 3,888,530 | 1,447,199 | 2,146,840 | 841,198 | 2,862,140 | 1,997,998 |
| Group Debtors | 1,571,059 | 2,706,368 | 100 | 13,635 | 100 | 100 |
| Misc Debtors | 2,115,617 | 356,651 | 2,717,202 | 2,011,413 | 868,204 | 3,920,994 |
| Cash | 1,179,810 | 8,691,833 | 5,559,947 | 5,623,644 | 3,993,738 | 777,059 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,949,294 | 17,017,930 | 14,616,668 | 12,219,262 | 10,443,942 | 8,522,831 |
| total assets | 15,440,352 | 19,975,538 | 14,714,367 | 12,392,804 | 10,669,221 | 8,799,652 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 531,566 | 230,011 | 399,297 | 147,546 | 232,987 | 208,333 |
| Group/Directors Accounts | 177,374 | 2,310,998 | 5,277,822 | 5,291,776 | 5,427,351 | 5,426,091 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,706,091 | 1,398,661 | 944,207 | 150,398 | 269,137 | 252,377 |
| total current liabilities | 3,415,031 | 3,939,670 | 6,621,326 | 5,589,720 | 5,929,475 | 5,886,801 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 163,500 | 56,381 | 0 | 0 | 0 | 0 |
| total long term liabilities | 163,500 | 56,381 | 0 | 0 | 0 | 0 |
| total liabilities | 3,578,531 | 3,996,051 | 6,621,326 | 5,589,720 | 5,929,475 | 5,886,801 |
| net assets | 11,861,821 | 15,979,487 | 8,093,041 | 6,803,084 | 4,739,746 | 2,912,851 |
| total shareholders funds | 11,861,821 | 15,979,487 | 8,093,041 | 6,803,084 | 4,739,746 | 2,912,851 |
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,460,259 | 8,243,506 | ||||
| Depreciation | 128,786 | 56,381 | 81,491 | 83,120 | 80,551 | 76,674 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 953,670 | -357,081 | ||||
| Stock | 1,699 | -376,700 | 463,207 | 1,009,612 | 893,080 | 1,826,680 |
| Debtors | 2,762,720 | -302,268 | 1,997,896 | -864,198 | -2,188,648 | 5,919,092 |
| Creditors | 132,269 | -169,286 | 251,751 | -85,441 | 24,654 | 208,333 |
| Accruals and Deferred Income | 1,761,884 | 454,454 | 793,809 | -118,739 | 16,760 | 252,377 |
| Deferred Taxes & Provisions | 163,500 | 56,381 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,835,949 | 8,963,323 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 595,717 | 1,152,169 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -5,100,448 | -2,966,824 | -13,954 | -135,575 | 1,260 | 5,426,091 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 1,285 | 21 | ||||
| cash flow from financing | 2,787,283 | -2,966,803 | ||||
| cash and cash equivalents | ||||||
| cash | -4,380,137 | 3,131,886 | -63,697 | 1,629,906 | 3,216,679 | 777,059 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,380,137 | 3,131,886 | -63,697 | 1,629,906 | 3,216,679 | 777,059 |
P&L
December 2022turnover
6.4m
0%
operating profit
1.5m
0%
gross margin
43.7%
-100%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
11.9m
+0.47%
total assets
15.4m
+0.05%
cash
1.2m
-0.79%
net assets
Total assets minus all liabilities
geotek limited company details
company number
10612823
Type
Private limited with Share Capital
industry
71200 - Technical testing and analysis
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
incorporation date
February 2017
age
7
accounts
Full Accounts
ultimate parent company
previous names
geotel limited (May 2017)
geotek services limited (May 2017)
incorporated
UK
address
52c borough high street, london, SE1 1XN
last accounts submitted
December 2022
geotek 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 found 4 charges/mortgages relating to geotek limited. Currently there are 3 open charges and 1 have been satisfied in the past.
geotek limited Companies House Filings - See Documents
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