gs pledge co. limited
gs pledge co. limited Company Information
Company Number
11736884
Next Accounts
Sep 2025
Shareholders
bv acquisitions xii gs limited
eric lafortune
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
3rd floor 1 ashley road, altrincham, cheshire, WA14 2DT
Website
-gs pledge co. limited Estimated Valuation
Pomanda estimates the enterprise value of GS PLEDGE CO. LIMITED at £54.8m based on a Turnover of £19.1m and 2.88x industry multiple (adjusted for size and gross margin).
gs pledge co. limited Estimated Valuation
Pomanda estimates the enterprise value of GS PLEDGE CO. LIMITED at £10.2m based on an EBITDA of £851.7k and a 12.02x industry multiple (adjusted for size and gross margin).
gs pledge co. limited Estimated Valuation
Pomanda estimates the enterprise value of GS PLEDGE CO. LIMITED at £5.3m based on Net Assets of £4.1m and 1.31x industry multiple (adjusted for liquidity).
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Gs Pledge Co. Limited Overview
Gs Pledge Co. Limited is a live company located in cheshire, WA14 2DT with a Companies House number of 11736884. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2018, it's largest shareholder is bv acquisitions xii gs limited with a 77.5% stake. Gs Pledge Co. Limited is a young, mid sized company, Pomanda has estimated its turnover at £19.1m with high growth in recent years.
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Gs Pledge Co. Limited Health Check
Pomanda's financial health check has awarded Gs Pledge Co. Limited a 3.5 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 £19.1m, make it in line with the average company (£18.9m)
£19.1m - Gs Pledge Co. Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (10.5%)
27% - Gs Pledge Co. Limited
10.5% - Industry AVG
Production
with a gross margin of 92.1%, this company has a lower cost of product (36.4%)
92.1% - Gs Pledge Co. Limited
36.4% - Industry AVG
Profitability
an operating margin of -17.2% make it less profitable than the average company (4.5%)
-17.2% - Gs Pledge Co. Limited
4.5% - Industry AVG
Employees
with 137 employees, this is above the industry average (104)
137 - Gs Pledge Co. Limited
104 - Industry AVG
Pay Structure
on an average salary of £89k, the company has a higher pay structure (£44.7k)
£89k - Gs Pledge Co. Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £139.1k, this is less efficient (£191.2k)
£139.1k - Gs Pledge Co. Limited
£191.2k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (45 days)
77 days - Gs Pledge Co. Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (44 days)
120 days - Gs Pledge Co. Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gs Pledge Co. Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (14 weeks)
27 weeks - Gs Pledge Co. Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.5%, this is a higher level of debt than the average (69.6%)
88.5% - Gs Pledge Co. Limited
69.6% - Industry AVG
GS PLEDGE CO. LIMITED financials
Gs Pledge Co. Limited's latest turnover from December 2023 is £19.1 million and the company has net assets of £4.1 million. According to their latest financial statements, Gs Pledge Co. Limited has 137 employees and maintains cash reserves of £10.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 19,062,281 | 15,276,887 | 11,885,761 | 9,318,432 | |
| Other Income Or Grants | |||||
| Cost Of Sales | 1,503,157 | 1,236,319 | 318,225 | 209,483 | |
| Gross Profit | 17,559,124 | 14,040,568 | 11,567,537 | 9,108,949 | |
| Admin Expenses | 20,837,355 | 17,633,313 | 14,128,991 | 12,774,984 | |
| Operating Profit | -3,278,231 | -3,592,745 | -2,561,454 | -3,666,035 | -4,110,422 |
| Interest Payable | 499,417 | 390,588 | 390,258 | 3,575,775 | |
| Interest Receivable | 91,611 | 23 | 745,312 | 5,470 | |
| Pre-Tax Profit | -3,686,037 | -3,983,309 | -2,206,400 | -7,236,340 | -4,110,422 |
| Tax | -215,279 | -77,149 | -39,914 | -93,289 | |
| Profit After Tax | -3,901,316 | -4,060,458 | -2,246,314 | -7,329,628 | -4,110,422 |
| Dividends Paid | |||||
| Retained Profit | -3,901,316 | -4,060,458 | -2,246,314 | -7,329,628 | -4,110,422 |
| Employee Costs | 12,198,848 | 9,898,875 | 6,420,192 | 4,787,037 | |
| Number Of Employees | 137 | 113 | 86 | 69 | |
| EBITDA* | 851,671 | 395,571 | 1,374,337 | 213,300 | -4,110,422 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,136,834 | 745,805 | 211,657 | 221,035 | |
| Intangible Assets | 19,228,203 | 23,114,811 | 27,373,517 | 30,566,462 | |
| Investments & Other | 262,844 | 93,696 | 57,510 | 32,653,061 | |
| Debtors (Due After 1 year) | 51,745 | ||||
| Total Fixed Assets | 20,365,038 | 24,123,460 | 27,678,870 | 30,896,753 | 32,653,061 |
| Stock & work in progress | |||||
| Trade Debtors | 4,055,214 | 3,033,223 | 2,741,046 | 2,380,920 | |
| Group Debtors | |||||
| Misc Debtors | 694,002 | 424,685 | 349,994 | 274,522 | |
| Cash | 10,245,420 | 7,852,975 | 5,663,412 | 10,044,034 | |
| misc current assets | |||||
| total current assets | 14,994,636 | 11,310,883 | 8,754,452 | 12,699,477 | |
| total assets | 35,359,674 | 35,434,343 | 36,433,322 | 43,596,229 | 32,653,061 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 495,143 | 497,612 | 526,313 | 486,549 | |
| Group/Directors Accounts | 46,521 | ||||
| other short term finances | 141,426 | 104,699 | 38,736 | 3,356,093 | |
| hp & lease commitments | |||||
| other current liabilities | 18,697,756 | 14,760,781 | 11,250,279 | 8,855,193 | 6,638 |
| total current liabilities | 19,334,326 | 15,363,094 | 11,815,328 | 12,697,836 | 53,159 |
| loans | 11,953,129 | 12,095,405 | 12,368,230 | 13,226,659 | 36,383,785 |
| hp & lease commitments | |||||
| Accruals and Deferred Income | 213,986 | 215,220 | |||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 11,953,130 | 12,095,405 | 12,582,217 | 13,441,880 | 36,383,785 |
| total liabilities | 31,287,456 | 27,458,499 | 24,397,545 | 26,139,716 | 36,436,944 |
| net assets | 4,072,218 | 7,975,844 | 12,035,777 | 17,456,513 | -3,783,883 |
| total shareholders funds | 4,072,218 | 7,975,844 | 12,035,777 | 17,456,513 | -3,783,883 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -3,278,231 | -3,592,745 | -2,561,454 | -3,666,035 | -4,110,422 |
| Depreciation | 243,295 | 101,709 | 79,083 | 73,199 | |
| Amortisation | 3,886,607 | 3,886,607 | 3,856,708 | 3,806,136 | |
| Tax | -215,279 | -77,149 | -39,914 | -93,289 | |
| Stock | |||||
| Debtors | 1,291,308 | 366,868 | 383,852 | 2,707,187 | |
| Creditors | -2,470 | -28,700 | 39,764 | 486,549 | |
| Accruals and Deferred Income | 3,936,975 | 3,296,516 | 2,393,852 | 9,063,775 | 6,638 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | 3,279,589 | 3,219,370 | 3,384,187 | 6,963,148 | -4,103,784 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -262,844 | 169,148 | 36,186 | -32,595,551 | 32,653,061 |
| cash flow from investments | 262,844 | -169,148 | -36,186 | 32,595,551 | |
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -46,521 | 46,521 | |||
| Other Short Term Loans | 36,727 | 65,963 | -3,317,357 | 3,356,093 | |
| Long term loans | -142,276 | -272,825 | -858,429 | -23,157,126 | 36,383,785 |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | -407,806 | -390,565 | 355,054 | -3,570,305 | |
| cash flow from financing | -515,665 | -596,901 | -6,995,155 | 5,152,166 | 36,756,845 |
| cash and cash equivalents | |||||
| cash | 2,392,445 | 2,189,564 | -4,380,622 | 10,044,034 | |
| overdraft | |||||
| change in cash | 2,392,445 | 2,189,564 | -4,380,622 | 10,044,034 |
gs pledge co. limited Credit Report and Business Information
Gs Pledge Co. Limited Competitor Analysis
Perform a competitor analysis for gs pledge co. limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in WA14 area or any other competitors across 12 key performance metrics.
gs pledge co. limited Ownership
GS PLEDGE CO. LIMITED group structure
Gs Pledge Co. Limited has no subsidiary companies.
Ultimate parent company
GS PLEDGE CO. LIMITED
11736884
gs pledge co. limited directors
Gs Pledge Co. Limited currently has 5 directors. The longest serving directors include Mr Dharmesh Thakker (Dec 2018) and Mr Jurgen Ingels (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dharmesh Thakker | United States | 48 years | Dec 2018 | - | Director |
| Mr Jurgen Ingels | United Kingdom | 54 years | Jan 2019 | - | Director |
| Mr Roel Caers | United Kingdom | 51 years | Jan 2019 | - | Director |
| Mr Rene Bonvanie | United Kingdom | 63 years | Feb 2019 | - | Director |
| Mr Dillon Joyce | United Kingdom | 32 years | Apr 2021 | - | Director |
P&L
December 2023turnover
19.1m
+25%
operating profit
-3.3m
-9%
gross margin
92.2%
+0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.1m
-0.49%
total assets
35.4m
0%
cash
10.2m
+0.3%
net assets
Total assets minus all liabilities
gs pledge co. limited company details
company number
11736884
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
3rd floor 1 ashley road, altrincham, cheshire, WA14 2DT
Bank
KBC BANK NV
Legal Advisor
COOLEY (UK) LLP
gs pledge co. 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 2 charges/mortgages relating to gs pledge co. limited. Currently there are 2 open charges and 0 have been satisfied in the past.
gs pledge co. limited 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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gs pledge co. limited Companies House Filings - See Documents
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