Pomanda estimates the enterprise value of GAP PALLET SERVICES LTD at £79.5k based on a Turnover of £241.5k and 0.33x industry multiple (adjusted for size and gross margin).
gap pallet services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of GAP PALLET SERVICES LTD at £0 based on an EBITDA of £-175 and a 3.18x industry multiple (adjusted for size and gross margin).
gap pallet services ltdEstimated Valuation
£41k
Pomanda estimates the enterprise value of GAP PALLET SERVICES LTD at £41k based on Net Assets of £19.5k and 2.11x industry multiple (adjusted for liquidity).
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Gap Pallet Services LtdOverview
Gap Pallet Services Ltd is a live company located in blackburn, BB1 3EU with a Companies House number of 11376907. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in May 2018, it's largest shareholder is
mr gary ward
with a 50% stake. Gap Pallet Services Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£241.5k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Gap Pallet Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £241.5k, make it smaller than the average company (£18.1m)
£241.5k - Gap Pallet Services Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10.1%)
9% - Gap Pallet Services Ltd
10.1% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
27.2% - Gap Pallet Services Ltd
27.2% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6.3%)
-0.3% - Gap Pallet Services Ltd
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (39)
2 - Gap Pallet Services Ltd
39 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
£46k - Gap Pallet Services Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £120.8k, this is less efficient (£413k)
£120.8k - Gap Pallet Services Ltd
£413k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (54 days)
2 days - Gap Pallet Services Ltd
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gap Pallet Services Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (78 days)
4 days - Gap Pallet Services Ltd
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 141 weeks, this is more cash available to meet short term requirements (15 weeks)
141 weeks - Gap Pallet Services Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.4%, this is a lower level of debt than the average (43.1%)
30.4% - Gap Pallet Services Ltd
43.1% - Industry AVG
GAP PALLET SERVICES LTD financials
EXPORT
Gap Pallet Services Ltd's latest turnover from May 2024 is estimated at £241.5 thousand and the company has net assets of £19.5 thousand. According to their latest financial statements, Gap Pallet Services Ltd has 2 employees and maintains cash reserves of £21.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Turnover
241,512
244,434
236,103
184,151
180,333
126,810
Other Income Or Grants
Cost Of Sales
175,843
183,992
177,414
138,426
137,757
97,501
Gross Profit
65,669
60,443
58,688
45,726
42,576
29,309
Admin Expenses
66,313
79,261
53,466
30,741
32,319
14,994
Operating Profit
-644
-18,818
5,222
14,985
10,257
14,315
Interest Payable
Interest Receivable
1,048
1,248
340
25
16
47
Pre-Tax Profit
404
-17,570
5,562
15,010
10,273
14,362
Tax
-101
-1,057
-2,852
-1,952
-2,729
Profit After Tax
303
-17,570
4,505
12,158
8,321
11,633
Dividends Paid
Retained Profit
303
-17,570
4,505
12,158
8,321
11,633
Employee Costs
92,039
86,865
86,755
82,206
82,239
39,904
Number Of Employees
2
2
2
2
2
1
EBITDA*
-175
-18,231
5,956
15,902
11,403
15,748
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Tangible Assets
1,878
2,347
2,934
3,668
4,585
5,731
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,878
2,347
2,934
3,668
4,585
5,731
Stock & work in progress
2,400
2,400
2,400
2,400
2,400
1,800
Trade Debtors
1,737
6,033
6,534
9,344
6,488
6,103
Group Debtors
Misc Debtors
Cash
21,924
18,016
37,458
30,467
18,688
12,514
misc current assets
total current assets
26,061
26,449
46,392
42,211
27,576
20,417
total assets
27,939
28,796
49,326
45,879
32,161
26,148
Bank overdraft
Bank loan
Trade Creditors
360
36
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,043
9,203
12,051
12,610
11,200
13,323
total current liabilities
8,043
9,203
12,051
12,970
11,236
13,323
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
446
446
558
697
871
1,092
total long term liabilities
446
446
558
697
871
1,092
total liabilities
8,489
9,649
12,609
13,667
12,107
14,415
net assets
19,450
19,147
36,717
32,212
20,054
11,733
total shareholders funds
19,450
19,147
36,717
32,212
20,054
11,733
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Operating Activities
Operating Profit
-644
-18,818
5,222
14,985
10,257
14,315
Depreciation
469
587
734
917
1,146
1,433
Amortisation
Tax
-101
-1,057
-2,852
-1,952
-2,729
Stock
600
1,800
Debtors
-4,296
-501
-2,810
2,856
385
6,103
Creditors
-360
324
36
Accruals and Deferred Income
-1,160
-2,848
-559
1,410
-2,123
13,323
Deferred Taxes & Provisions
-112
-139
-174
-221
1,092
Cash flow from operations
2,860
-20,690
6,651
11,754
6,158
19,531
Investing Activities
capital expenditure
-7,164
Change in Investments
cash flow from investments
-7,164
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
1,048
1,248
340
25
16
47
cash flow from financing
1,048
1,248
340
25
16
147
cash and cash equivalents
cash
3,908
-19,442
6,991
11,779
6,174
12,514
overdraft
change in cash
3,908
-19,442
6,991
11,779
6,174
12,514
gap pallet services 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 gap pallet services ltd. Get real-time insights into gap pallet services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for gap pallet services ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BB1 area or any other competitors across 12 key performance metrics.
gap pallet services ltd Ownership
GAP PALLET SERVICES LTD group structure
Gap Pallet Services Ltd has no subsidiary companies.
Ultimate parent company
GAP PALLET SERVICES LTD
11376907
GAP PALLET SERVICES LTD Shareholders
The largest shareholders in Gap Pallet Services Ltd include Mr Gary Ward and Mr Philip Ingham.
mr gary ward
50%
mr philip ingham
50%
gap pallet services ltd directors
Gap Pallet Services Ltd currently has 2 directors.
The longest serving directors include
Mr Gary Ward (May 2018) and
Mr Phillip Ingham (May 2018).
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 gap pallet services ltd.
gap pallet services 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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gap pallet services ltdCompanies House Filings - See Documents
