globe imex ltd
globe imex ltd Company Information
Company Number
10796735
Next Accounts
Dec 2024
Industry
Non-specialised wholesale of food, beverages and tobacco
Wholesale of coffee, tea, cocoa and spices
Shareholders
ravinder kaur
narrinder singh
Group Structure
View All
Contact
Registered Address
20-22 wenlock road, london, N1 7GU
Website
-globe imex ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBE IMEX LTD at £59.7k based on a Turnover of £217.8k and 0.27x industry multiple (adjusted for size and gross margin).
globe imex ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBE IMEX LTD at £0 based on an EBITDA of £-27.4k and a 2.91x industry multiple (adjusted for size and gross margin).
globe imex ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBE IMEX LTD at £73.7k based on Net Assets of £34.7k and 2.13x industry multiple (adjusted for liquidity).
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Globe Imex Ltd Overview
Globe Imex Ltd is a dissolved company that was located in london, N1 7GU with a Companies House number of 10796735. It operated in the wholesale of dairy products, eggs and edible oils and fats sector, SIC Code 46330. Founded in May 2017, it's largest shareholder was ravinder kaur with a 50% stake. The last turnover for Globe Imex Ltd was estimated at £217.8k.
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Globe Imex Ltd Health Check
Pomanda's financial health check has awarded Globe Imex Ltd 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £217.8k, make it smaller than the average company (£18.1m)
- Globe Imex Ltd
£18.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Globe Imex Ltd
- - Industry AVG
Production
with a gross margin of 9.3%, this company has a higher cost of product (19.5%)
- Globe Imex Ltd
19.5% - Industry AVG
Profitability
an operating margin of -12.6% make it less profitable than the average company (3%)
- Globe Imex Ltd
3% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Globe Imex Ltd
42 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Globe Imex Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £217.8k, this is less efficient (£429k)
- Globe Imex Ltd
£429k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (43 days)
- Globe Imex Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (32 days)
- Globe Imex Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Globe Imex Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (7 weeks)
53 weeks - Globe Imex Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.5%, this is a lower level of debt than the average (63.9%)
53.5% - Globe Imex Ltd
63.9% - Industry AVG
GLOBE IMEX LTD financials
Globe Imex Ltd's latest turnover from May 2020 is estimated at £217.8 thousand and the company has net assets of £34.7 thousand. According to their latest financial statements, we estimate that Globe Imex Ltd has 1 employee and maintains cash reserves of £40.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 2019 | May 2018 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | May 2018 | |
|---|---|---|---|
| Tangible Assets | 464 | 583 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 464 | 583 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 33,287 | 73,340 | 18,104 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 40,840 | 13,388 | 5,098 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 74,127 | 86,728 | 23,202 |
| total assets | 74,591 | 87,311 | 23,202 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 39,837 | 14,765 | 3,887 |
| Group/Directors Accounts | 0 | 10,295 | 4,013 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 39,837 | 25,060 | 7,900 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 79 | 99 | 0 |
| total long term liabilities | 79 | 99 | 0 |
| total liabilities | 39,916 | 25,159 | 7,900 |
| net assets | 34,675 | 62,152 | 15,302 |
| total shareholders funds | 34,675 | 62,152 | 15,302 |
| May 2020 | May 2019 | May 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 119 | 10 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -40,053 | 55,236 | 18,104 |
| Creditors | 25,072 | 10,878 | 3,887 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -20 | 99 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -10,295 | 6,282 | 4,013 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 27,452 | 8,290 | 5,098 |
| overdraft | 0 | 0 | 0 |
| change in cash | 27,452 | 8,290 | 5,098 |
globe imex ltd Credit Report and Business Information
Globe Imex Ltd Competitor Analysis
Perform a competitor analysis for globe imex ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in N 1 area or any other competitors across 12 key performance metrics.
globe imex ltd Ownership
GLOBE IMEX LTD group structure
Globe Imex Ltd has no subsidiary companies.
Ultimate parent company
GLOBE IMEX LTD
10796735
globe imex ltd directors
Globe Imex Ltd currently has 2 directors. The longest serving directors include Mrs Ravinder Kaur (May 2017) and Mr Narrinder Singh (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ravinder Kaur | United Kingdom | 69 years | May 2017 | - | Director |
| Mr Narrinder Singh | England | 44 years | May 2017 | - | Director |
P&L
May 2020turnover
217.8k
-25%
operating profit
-27.5k
0%
gross margin
9.3%
-1.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
34.7k
-0.44%
total assets
74.6k
-0.15%
cash
40.8k
+2.05%
net assets
Total assets minus all liabilities
globe imex ltd company details
company number
10796735
Type
Private limited with Share Capital
industry
46390 - Non-specialised wholesale of food, beverages and tobacco
46370 - Wholesale of coffee, tea, cocoa and spices
46330 - Wholesale of dairy products, eggs and edible oils and fats
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2020
previous names
N/A
accountant
-
auditor
-
address
20-22 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
globe imex 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 globe imex ltd.
globe imex 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 GLOBE IMEX LTD. This can take several minutes, an email will notify you when this has completed.
globe imex ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
