gcsd accountants ltd
gcsd accountants ltd Company Information
Company Number
11457078
Next Accounts
3 days late
Shareholders
xeinadin uk professional services ltd
xeinadin group limited
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
701 stonehouse park sperry way, stonehouse, gloucestershire, GL10 3UT
Website
www.gcsd.co.ukgcsd accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of GCSD ACCOUNTANTS LTD at £1.3m based on a Turnover of £1.6m and 0.81x industry multiple (adjusted for size and gross margin).
gcsd accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of GCSD ACCOUNTANTS LTD at £3m based on an EBITDA of £583.1k and a 5.22x industry multiple (adjusted for size and gross margin).
gcsd accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of GCSD ACCOUNTANTS LTD at £2.7m based on Net Assets of £878.5k and 3.02x industry multiple (adjusted for liquidity).
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Gcsd Accountants Ltd Overview
Gcsd Accountants Ltd is a live company located in gloucestershire, GL10 3UT with a Companies House number of 11457078. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in July 2018, it's largest shareholder is xeinadin uk professional services ltd with a 51% stake. Gcsd Accountants Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Gcsd Accountants Ltd Health Check
Pomanda's financial health check has awarded Gcsd Accountants Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£241.9k)
- Gcsd Accountants Ltd
£241.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.2%)
- Gcsd Accountants Ltd
6.2% - Industry AVG
Production
with a gross margin of 52.5%, this company has a higher cost of product (92.6%)
- Gcsd Accountants Ltd
92.6% - Industry AVG
Profitability
an operating margin of 32.1% make it more profitable than the average company (13.7%)
- Gcsd Accountants Ltd
13.7% - Industry AVG
Employees
with 29 employees, this is above the industry average (4)
29 - Gcsd Accountants Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Gcsd Accountants Ltd
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £56k, this is less efficient (£76.2k)
- Gcsd Accountants Ltd
£76.2k - Industry AVG
Debtor Days
it gets paid by customers after 173 days, this is later than average (77 days)
- Gcsd Accountants Ltd
77 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (26 days)
- Gcsd Accountants Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gcsd Accountants Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (34 weeks)
26 weeks - Gcsd Accountants Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (50.8%)
43.1% - Gcsd Accountants Ltd
50.8% - Industry AVG
GCSD ACCOUNTANTS LTD financials
Gcsd Accountants Ltd's latest turnover from May 2023 is estimated at £1.6 million and the company has net assets of £878.5 thousand. According to their latest financial statements, Gcsd Accountants Ltd has 29 employees and maintains cash reserves of £243.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Turnover | 1,995,117 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | 691,689 | ||||
| Gross Profit | 1,303,428 | ||||
| Admin Expenses | 687,619 | ||||
| Operating Profit | 615,809 | ||||
| Interest Payable | 20,940 | ||||
| Interest Receivable | |||||
| Pre-Tax Profit | 594,869 | ||||
| Tax | -115,067 | ||||
| Profit After Tax | 479,802 | ||||
| Dividends Paid | 210,162 | ||||
| Retained Profit | 269,640 | ||||
| Employee Costs | 969,794 | ||||
| Number Of Employees | 29 | 27 | 28 | 30 | |
| EBITDA* | 677,875 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 219,100 | 274,127 | 336,194 | 398,261 | |
| Intangible Assets | 143,550 | 190,002 | 2 | 2 | |
| Investments & Other | 1 | 1 | 1 | 1 | |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 362,651 | 464,130 | 336,197 | 398,264 | |
| Stock & work in progress | |||||
| Trade Debtors | 774,258 | 642,747 | 665,291 | 358,969 | |
| Group Debtors | |||||
| Misc Debtors | 163,303 | 601,448 | 77,456 | 22,857 | |
| Cash | 243,569 | 175,099 | 211,454 | 251,081 | 500 |
| misc current assets | 285,322 | ||||
| total current assets | 1,181,130 | 1,419,294 | 954,201 | 918,229 | 500 |
| total assets | 1,543,781 | 1,883,424 | 1,290,398 | 1,316,493 | 500 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 144,921 | 70,433 | 79,923 | 16,666 | |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | 70,709 | 68,335 | 66,041 | 50,842 | |
| other current liabilities | 266,745 | 1,012,038 | 494,786 | 591,029 | |
| total current liabilities | 482,375 | 1,150,806 | 640,750 | 658,537 | |
| loans | |||||
| hp & lease commitments | 181,189 | 251,898 | 320,233 | 386,274 | |
| Accruals and Deferred Income | |||||
| other liabilities | 185 | ||||
| provisions | 1,760 | ||||
| total long term liabilities | 182,949 | 251,898 | 320,418 | 386,274 | |
| total liabilities | 665,324 | 1,402,704 | 961,168 | 1,044,811 | |
| net assets | 878,457 | 480,720 | 329,230 | 271,682 | 500 |
| total shareholders funds | 878,457 | 480,720 | 329,230 | 271,682 | 500 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 615,809 | ||||
| Depreciation | 62,186 | 62,066 | 62,067 | 62,066 | |
| Amortisation | |||||
| Tax | -115,067 | ||||
| Stock | |||||
| Debtors | -306,634 | 501,448 | 360,921 | 381,826 | |
| Creditors | 74,488 | -9,490 | 63,257 | 16,666 | |
| Accruals and Deferred Income | -745,293 | 517,252 | -96,243 | 591,029 | |
| Deferred Taxes & Provisions | 1,760 | ||||
| Cash flow from operations | 788,677 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 1 | ||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | -68,335 | -66,041 | -50,842 | 437,116 | |
| other long term liabilities | -185 | 185 | |||
| share issue | |||||
| interest | -20,940 | ||||
| cash flow from financing | 417,718 | ||||
| cash and cash equivalents | |||||
| cash | 68,470 | -36,355 | -39,627 | 250,581 | 500 |
| overdraft | |||||
| change in cash | 68,470 | -36,355 | -39,627 | 250,581 | 500 |
gcsd accountants ltd Credit Report and Business Information
Gcsd Accountants Ltd Competitor Analysis
Perform a competitor analysis for gcsd accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in GL10 area or any other competitors across 12 key performance metrics.
gcsd accountants ltd Ownership
GCSD ACCOUNTANTS LTD group structure
Gcsd Accountants Ltd has 1 subsidiary company.
Ultimate parent company
2 parents
GCSD ACCOUNTANTS LTD
11457078
1 subsidiary
gcsd accountants ltd directors
Gcsd Accountants Ltd currently has 5 directors. The longest serving directors include Mr Simon Dipple (Jul 2018) and Mr Julian Owens (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Dipple | United Kingdom | 63 years | Jul 2018 | - | Director |
| Mr Julian Owens | United Kingdom | 53 years | Jul 2018 | - | Director |
| Mr Gavin Hollywell | England | 40 years | Jul 2018 | - | Director |
| Mr Matthew Rawles | United Kingdom | 43 years | May 2020 | - | Director |
| Ms Sian Lloyd | United Kingdom | 40 years | Jun 2023 | - | Director |
P&L
May 2023turnover
1.6m
+23%
operating profit
520.9k
0%
gross margin
52.6%
-3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
878.5k
+0.83%
total assets
1.5m
-0.18%
cash
243.6k
+0.39%
net assets
Total assets minus all liabilities
gcsd accountants ltd company details
company number
11457078
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
May 2023
previous names
gcsd accountants lxf limited (June 2019)
accountant
-
auditor
-
address
701 stonehouse park sperry way, stonehouse, gloucestershire, GL10 3UT
Bank
-
Legal Advisor
-
gcsd accountants 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 found 1 charges/mortgages relating to gcsd accountants ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
gcsd accountants 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 GCSD ACCOUNTANTS LTD. This can take several minutes, an email will notify you when this has completed.
gcsd accountants ltd Companies House Filings - See Documents
| date | description | view/download |
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