Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
third floor 5 swallow place, london, W1B 2AG
Website
-
g.network uk communications limitedEstimated Valuation
£19.2m
Pomanda estimates the enterprise value of G.NETWORK UK COMMUNICATIONS LIMITED at £19.2m based on a Turnover of £10.2m and 1.89x industry multiple (adjusted for size and gross margin).
g.network uk communications limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of G.NETWORK UK COMMUNICATIONS LIMITED at £0 based on an EBITDA of £-33.3m and a 7.98x industry multiple (adjusted for size and gross margin).
g.network uk communications limitedEstimated Valuation
£57.4m
Pomanda estimates the enterprise value of G.NETWORK UK COMMUNICATIONS LIMITED at £57.4m based on Net Assets of £45.2m and 1.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
G.network Uk Communications LimitedOverview
G.network Uk Communications Limited is a live company located in london, W1B 2AG with a Companies House number of 12924679. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2020, it's largest shareholder is
prefect holdco limited
with a 95.1% stake. G.network Uk Communications Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£10.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded G.Network Uk Communications Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
6 Strong
0 Regular
6 Weak
Size
annual sales of £10.2m, make it smaller than the average company (£19m)
£10.2m - G.network Uk Communications Limited
£19m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (11.7%)
47% - G.network Uk Communications Limited
11.7% - Industry AVG
Production
with a gross margin of 71.5%, this company has a lower cost of product (34.9%)
71.5% - G.network Uk Communications Limited
34.9% - Industry AVG
Profitability
an operating margin of -520.3% make it less profitable than the average company (4.5%)
-520.3% - G.network Uk Communications Limited
4.5% - Industry AVG
Employees
with 480 employees, this is above the industry average (104)
480 - G.network Uk Communications Limited
104 - Industry AVG
Pay Structure
on an average salary of £74k, the company has a higher pay structure (£44.5k)
£74k - G.network Uk Communications Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £21.2k, this is less efficient (£189.3k)
£21.2k - G.network Uk Communications Limited
£189.3k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (44 days)
34 days - G.network Uk Communications Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 500 days, this is slower than average (43 days)
500 days - G.network Uk Communications Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 1041 days, this is more than average (34 days)
1041 days - G.network Uk Communications Limited
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 24 weeks, this is more cash available to meet short term requirements (13 weeks)
24 weeks - G.network Uk Communications Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a higher level of debt than the average (68.9%)
90% - G.network Uk Communications Limited
68.9% - Industry AVG
G.NETWORK UK COMMUNICATIONS LIMITED financials
EXPORT
G.Network Uk Communications Limited's latest turnover from March 2024 is £10.2 million and the company has net assets of £45.2 million. According to their latest financial statements, G.Network Uk Communications Limited has 480 employees and maintains cash reserves of £49.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Turnover
10,156,000
6,416,000
4,328,000
3,182,000
Other Income Or Grants
Cost Of Sales
2,900,000
1,942,000
799,000
603,000
Gross Profit
7,256,000
4,474,000
3,529,000
2,579,000
Admin Expenses
60,102,000
71,641,000
40,947,000
25,384,000
Operating Profit
-52,846,000
-67,167,000
-37,418,000
-22,805,000
Interest Payable
33,447,000
24,745,000
9,823,000
277,000
Interest Receivable
22,888,000
13,376,000
9,227,000
5,000
Pre-Tax Profit
-59,470,000
-75,289,000
-34,822,000
-23,077,000
Tax
-1,063,000
1,142,000
1,156,000
158,000
Profit After Tax
-60,533,000
-74,147,000
-33,666,000
-22,919,000
Dividends Paid
Retained Profit
-60,533,000
-74,147,000
-33,666,000
-22,919,000
Employee Costs
35,497,000
39,847,000
30,322,000
14,260,000
Number Of Employees
480
745
645
263
EBITDA*
-33,310,000
-50,025,000
-25,305,000
-17,069,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Tangible Assets
382,184,000
344,454,000
265,292,000
117,948,000
Intangible Assets
7,344,000
7,147,000
2,752,000
12,866,000
Investments & Other
930,000
8,022,000
6,882,000
Debtors (Due After 1 year)
4,000
22,000
Total Fixed Assets
389,528,000
351,601,000
268,044,000
130,814,000
Stock & work in progress
8,274,000
8,472,000
4,826,000
2,282,000
Trade Debtors
955,000
956,000
451,000
511,000
Group Debtors
Misc Debtors
1,899,000
6,014,000
6,877,000
7,184,000
Cash
49,593,000
21,814,000
20,736,000
9,291,000
misc current assets
2,831,000
5,517,000
1,046,000
22,000
total current assets
63,552,000
42,773,000
33,936,000
19,290,000
total assets
453,080,000
394,374,000
301,980,000
150,104,000
Bank overdraft
Bank loan
Trade Creditors
3,974,000
5,873,000
11,165,000
6,388,000
Group/Directors Accounts
other short term finances
82,931,000
5,000,000
5,000,000
hp & lease commitments
1,220,000
1,863,000
2,865,000
2,199,000
other current liabilities
15,576,000
17,409,000
16,772,000
5,310,000
total current liabilities
103,701,000
30,145,000
35,802,000
13,897,000
loans
608,368,000
510,632,000
183,664,000
30,371,000
hp & lease commitments
569,000
592,000
7,716,000
8,884,000
Accruals and Deferred Income
other liabilities
provisions
470,000
724,000
total long term liabilities
304,184,000
255,316,000
92,067,000
21,849,000
total liabilities
407,885,000
285,461,000
127,869,000
35,746,000
net assets
45,195,000
108,913,000
174,111,000
114,358,000
total shareholders funds
45,195,000
108,913,000
174,111,000
114,358,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Operating Profit
-52,846,000
-67,167,000
-37,418,000
-22,805,000
Depreciation
16,125,000
13,420,000
11,420,000
5,423,000
Amortisation
3,411,000
3,722,000
693,000
313,000
Tax
-1,063,000
1,142,000
1,156,000
158,000
Stock
-198,000
3,646,000
2,544,000
2,282,000
Debtors
-4,134,000
-336,000
-367,000
7,695,000
Creditors
-1,899,000
-5,292,000
4,777,000
6,388,000
Accruals and Deferred Income
-1,833,000
637,000
11,462,000
5,310,000
Deferred Taxes & Provisions
-470,000
-254,000
724,000
Cash flow from operations
-33,773,000
-57,318,000
-10,341,000
-14,466,000
Investing Activities
capital expenditure
-57,463,000
-100,699,000
-149,343,000
-136,550,000
Change in Investments
-7,092,000
1,140,000
6,882,000
cash flow from investments
-50,371,000
-101,839,000
-156,225,000
-136,550,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
77,931,000
5,000,000
Long term loans
97,736,000
326,968,000
153,293,000
30,371,000
Hire Purchase and Lease Commitments
-666,000
-8,126,000
-502,000
11,083,000
other long term liabilities
share issue
-3,185,000
8,949,000
93,419,000
137,277,000
interest
-10,559,000
-11,369,000
-596,000
-272,000
cash flow from financing
161,257,000
316,422,000
250,614,000
178,459,000
cash and cash equivalents
cash
27,779,000
1,078,000
11,445,000
9,291,000
overdraft
change in cash
27,779,000
1,078,000
11,445,000
9,291,000
g.network uk communications limited 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 g.network uk communications limited. Get real-time insights into g.network uk communications limited's credit score, group structure and payment trends.
G.network Uk Communications Limited Competitor Analysis
Perform a competitor analysis for g.network uk communications limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in W1B area or any other competitors across 12 key performance metrics.
g.network uk communications limited Ownership
G.NETWORK UK COMMUNICATIONS LIMITED group structure
G.Network Uk Communications Limited has 1 subsidiary company.
The largest shareholders in G.Network Uk Communications Limited include Prefect Holdco Limited and Cube Fibre London Limited.
prefect holdco limited
95.14%
cube fibre london limited
4.61%
sasho veselinski
0.13%
david michael sangster
0.08%
sean williams
0.01%
patrick guy francis de muynck
0.01%
paul howard gold
0.01%
rupert mussen
0%
simon john wheatley
0%
ronan patrick tunney
0%
g.network uk communications limited directors
G.Network Uk Communications Limited currently has 8 directors.
The longest serving directors include
Mr Henri Piganeau (Nov 2020) and
Mr Sean Williams (Nov 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
45.2m
-0.59%
total assets
453.1m
+0.15%
cash
49.6m
+1.27%
net assets
Total assets minus all liabilities
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g.network uk communications limited company details
company number
12924679
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
October 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
third floor 5 swallow place, london, W1B 2AG
Bank
-
Legal Advisor
-
g.network uk communications 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 g.network uk communications limited. Currently there are 1 open charges and 1 have been satisfied in the past.
g.network uk communications 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 G.NETWORK UK COMMUNICATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
g.network uk communications limitedCompanies House Filings - See Documents
