globaltech trade ltd
globaltech trade ltd Company Information
Company Number
11356612
Website
-Registered Address
85 great portland street, first floor, london, W1W 7LT
Industry
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
474 days late
Group Structure
View All
Directors
Mykhailo Demkiv3 Years
Shareholders
heaven no.1 limited 51%
mykhailo de mkiv 49%
globaltech trade ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBALTECH TRADE LTD at £9.1m based on a Turnover of £28.2m and 0.32x industry multiple (adjusted for size and gross margin).
globaltech trade ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBALTECH TRADE LTD at £0 based on an EBITDA of £-3.1k and a 5.13x industry multiple (adjusted for size and gross margin).
globaltech trade ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBALTECH TRADE LTD at £0 based on Net Assets of £-2.2k and 1.98x industry multiple (adjusted for liquidity).
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Globaltech Trade Ltd Overview
Globaltech Trade Ltd is a live company located in london, W1W 7LT with a Companies House number of 11356612. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in May 2018, it's largest shareholder is heaven no.1 limited with a 51% stake. Globaltech Trade Ltd is a young, large sized company, Pomanda has estimated its turnover at £28.2m with unknown growth in recent years.
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Globaltech Trade Ltd Health Check
Pomanda's financial health check has awarded Globaltech Trade Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £28.2m, make it larger than the average company (£514.3k)
- Globaltech Trade Ltd
£514.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Globaltech Trade Ltd
- - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (36.5%)
- Globaltech Trade Ltd
36.5% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.2%)
- Globaltech Trade Ltd
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Globaltech Trade Ltd
6 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Globaltech Trade Ltd
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £14.1m, this is more efficient (£192.4k)
- Globaltech Trade Ltd
£192.4k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (25 days)
- Globaltech Trade Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (37 days)
- Globaltech Trade Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Globaltech Trade Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Globaltech Trade Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (70.5%)
100% - Globaltech Trade Ltd
70.5% - Industry AVG
GLOBALTECH TRADE LTD financials
Globaltech Trade Ltd's latest turnover from May 2021 is estimated at £28.2 million and the company has net assets of -£2.2 thousand. According to their latest financial statements, Globaltech Trade Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | |
|---|---|---|---|
| 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 1,000 | 1,000 | 1,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 1,000 | 1,000 | 1,000 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 9,796,111 | 3,168,382 | 686,332 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 9,796,111 | 3,168,382 | 686,332 |
| total assets | 9,797,111 | 3,169,382 | 687,332 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 9,798,272 | 3,167,434 | 684,910 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 9,798,272 | 3,167,434 | 684,910 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 1,000 | 1,000 | 1,000 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 1,000 | 1,000 | 1,000 |
| total liabilities | 9,799,272 | 3,168,434 | 685,910 |
| net assets | -2,161 | 948 | 1,422 |
| total shareholders funds | -2,161 | 948 | 1,422 |
| May 2021 | May 2020 | May 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 6,627,729 | 2,482,050 | 686,332 |
| Creditors | 6,630,838 | 2,482,524 | 684,910 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 1,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| 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 | 1,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
globaltech trade ltd Credit Report and Business Information
Globaltech Trade Ltd Competitor Analysis
Perform a competitor analysis for globaltech trade ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
globaltech trade ltd Ownership
GLOBALTECH TRADE LTD group structure
Globaltech Trade Ltd has no subsidiary companies.
Ultimate parent company
GLOBALTECH TRADE LTD
11356612
globaltech trade ltd directors
Globaltech Trade Ltd currently has 1 director, Mr Mykhailo Demkiv serving since Oct 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mykhailo Demkiv | England | 39 years | Oct 2020 | - | Director |
P&L
May 2021turnover
28.2m
+210%
operating profit
-3.1k
0%
gross margin
23.1%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
-2.2k
-3.28%
total assets
9.8m
+2.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
globaltech trade ltd company details
company number
11356612
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
May 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
85 great portland street, first floor, london, W1W 7LT
last accounts submitted
May 2021
globaltech trade 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 globaltech trade ltd.
globaltech trade ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
