gl03 limited
gl03 limited Company Information
Company Number
12531639
Next Accounts
47 days late
Directors
Shareholders
glam living limited
Group Structure
View All
Industry
Development of building projects
Registered Address
ground floor 6 queen street, leeds, west yorkshire, LS1 2TW
Website
classyglamliving.comgl03 limited Estimated Valuation
Pomanda estimates the enterprise value of GL03 LIMITED at £648.5k based on a Turnover of £1.3m and 0.49x industry multiple (adjusted for size and gross margin).
gl03 limited Estimated Valuation
Pomanda estimates the enterprise value of GL03 LIMITED at £554.3k based on an EBITDA of £141.9k and a 3.91x industry multiple (adjusted for size and gross margin).
gl03 limited Estimated Valuation
Pomanda estimates the enterprise value of GL03 LIMITED at £0 based on Net Assets of £-45k and 1.41x industry multiple (adjusted for liquidity).
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Gl03 Limited Overview
Gl03 Limited is a live company located in west yorkshire, LS1 2TW with a Companies House number of 12531639. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2020, it's largest shareholder is glam living limited with a 100% stake. Gl03 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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Gl03 Limited Health Check
Pomanda's financial health check has awarded Gl03 Limited a 3.5 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
2 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2.1m)
- Gl03 Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (2.9%)
- Gl03 Limited
2.9% - Industry AVG
Production
with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)
- Gl03 Limited
26.5% - Industry AVG
Profitability
an operating margin of 10.8% make it more profitable than the average company (7.5%)
- Gl03 Limited
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Gl03 Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.7k, the company has an equivalent pay structure (£46.7k)
- Gl03 Limited
£46.7k - Industry AVG
Efficiency
resulting in sales per employee of £437.4k, this is more efficient (£275.6k)
- Gl03 Limited
£275.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Gl03 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (30 days)
- Gl03 Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1240 days, this is more than average (151 days)
- Gl03 Limited
151 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Gl03 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.4%, this is a higher level of debt than the average (72.5%)
101.4% - Gl03 Limited
72.5% - Industry AVG
GL03 LIMITED financials
Gl03 Limited's latest turnover from May 2023 is estimated at £1.3 million and the company has net assets of -£45 thousand. According to their latest financial statements, Gl03 Limited has 3 employees and maintains cash reserves of £6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | Sep 2020 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | Sep 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | 3,278,566 | 1,161,304 | 44,946 | 4,460 |
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | 11,194 | 3,348 | 3,567 | 480 |
| Cash | 5,951 | 9,159 | 784 | |
| misc current assets | ||||
| total current assets | 3,295,711 | 1,173,811 | 49,297 | 4,940 |
| total assets | 3,295,711 | 1,173,811 | 49,297 | 4,940 |
| Bank overdraft | ||||
| Bank loan | 2,602,846 | 135,985 | ||
| Trade Creditors | 3,673 | 32,976 | 1,211 | |
| Group/Directors Accounts | 626,713 | 1,010,285 | 50,282 | 3,415 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 107,497 | 38,000 | 501 | 3,350 |
| total current liabilities | 3,340,729 | 1,217,246 | 51,994 | 6,765 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 3,340,729 | 1,217,246 | 51,994 | 6,765 |
| net assets | -45,018 | -43,435 | -2,697 | -1,825 |
| total shareholders funds | -45,018 | -43,435 | -2,697 | -1,825 |
| May 2023 | May 2022 | May 2021 | Sep 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 2,117,262 | 1,116,358 | 40,486 | 4,460 |
| Debtors | 7,846 | -219 | 3,087 | 480 |
| Creditors | -29,303 | 31,765 | 1,211 | |
| Accruals and Deferred Income | 69,497 | 37,499 | -2,849 | 3,350 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 2,466,861 | 135,985 | ||
| Group/Directors Accounts | -383,572 | 960,003 | 46,867 | 3,415 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -3,208 | 8,375 | 784 | |
| overdraft | ||||
| change in cash | -3,208 | 8,375 | 784 |
gl03 limited Credit Report and Business Information
Gl03 Limited Competitor Analysis
Perform a competitor analysis for gl03 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.
gl03 limited Ownership
GL03 LIMITED group structure
Gl03 Limited has no subsidiary companies.
Ultimate parent company
2 parents
GL03 LIMITED
12531639
gl03 limited directors
Gl03 Limited currently has 1 director, Mr Gareth Morgan serving since Mar 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Morgan | England | 40 years | Mar 2020 | - | Director |
P&L
May 2023turnover
1.3m
+81%
operating profit
141.9k
0%
gross margin
26.5%
+4.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-45k
+0.04%
total assets
3.3m
+1.81%
cash
6k
-0.35%
net assets
Total assets minus all liabilities
Similar Companies
gl03 limited company details
company number
12531639
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
TC GROUP BUSINESS ADVISORS
auditor
-
address
ground floor 6 queen street, leeds, west yorkshire, LS1 2TW
Bank
-
Legal Advisor
-
gl03 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 3 charges/mortgages relating to gl03 limited. Currently there are 3 open charges and 0 have been satisfied in the past.
gl03 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.
Click to start generating capital raising & share issue transactions for GL03 LIMITED. This can take several minutes, an email will notify you when this has completed.
gl03 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
