gts labs ltd
gts labs ltd Company Information
Company Number
14206620
Next Accounts
Mar 2025
Directors
Shareholders
denis cormican
jacob leaver
View AllGroup Structure
View All
Industry
Other software publishing
Registered Address
23 1st floor east park road, leicester, leicestershire, LE5 4QD
Website
-gts labs ltd Estimated Valuation
Pomanda estimates the enterprise value of GTS LABS LTD at £115k based on a Turnover of £108.7k and 1.06x industry multiple (adjusted for size and gross margin).
gts labs ltd Estimated Valuation
Pomanda estimates the enterprise value of GTS LABS LTD at £0 based on an EBITDA of £-282.4k and a 4.18x industry multiple (adjusted for size and gross margin).
gts labs ltd Estimated Valuation
Pomanda estimates the enterprise value of GTS LABS LTD at £0 based on Net Assets of £-282.4k and 2.24x industry multiple (adjusted for liquidity).
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Gts Labs Ltd Overview
Gts Labs Ltd is a live company located in leicestershire, LE5 4QD with a Companies House number of 14206620. It operates in the other software publishing sector, SIC Code 58290. Founded in June 2022, it's largest shareholder is denis cormican with a 90% stake. Gts Labs Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £108.7k with unknown growth in recent years.
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Gts Labs Ltd Health Check
Pomanda's financial health check has awarded Gts Labs Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £108.7k, make it smaller than the average company (£5m)
- Gts Labs Ltd
£5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gts Labs Ltd
- - Industry AVG
Production
with a gross margin of 45.5%, this company has a higher cost of product (71.1%)
- Gts Labs Ltd
71.1% - Industry AVG
Profitability
an operating margin of -259.8% make it less profitable than the average company (4%)
- Gts Labs Ltd
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (37)
2 - Gts Labs Ltd
37 - Industry AVG
Pay Structure
on an average salary of £82.4k, the company has an equivalent pay structure (£82.4k)
- Gts Labs Ltd
£82.4k - Industry AVG
Efficiency
resulting in sales per employee of £54.3k, this is less efficient (£154.4k)
- Gts Labs Ltd
£154.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (60 days)
- Gts Labs Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 1744 days, this is slower than average (38 days)
- Gts Labs Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gts Labs Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gts Labs Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30861%, this is a higher level of debt than the average (58.9%)
30861% - Gts Labs Ltd
58.9% - Industry AVG
GTS LABS LTD financials
Gts Labs Ltd's latest turnover from June 2023 is estimated at £108.7 thousand and the company has net assets of -£282.4 thousand. According to their latest financial statements, Gts Labs Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | |
|---|---|
| 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 918 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 918 |
| total assets | 918 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 283,304 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 283,304 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 283,304 |
| net assets | -282,386 |
| total shareholders funds | -282,386 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 918 |
| Creditors | 283,304 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| 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 | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
gts labs ltd Credit Report and Business Information
Gts Labs Ltd Competitor Analysis
Perform a competitor analysis for gts labs ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LE5 area or any other competitors across 12 key performance metrics.
gts labs ltd Ownership
GTS LABS LTD group structure
Gts Labs Ltd has no subsidiary companies.
Ultimate parent company
GTS LABS LTD
14206620
gts labs ltd directors
Gts Labs Ltd currently has 1 director, Mr Denis Cormican serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Denis Cormican | United Kingdom | 47 years | Oct 2023 | - | Director |
P&L
June 2023turnover
108.7k
0%
operating profit
-282.4k
0%
gross margin
45.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-282.4k
0%
total assets
918
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
gts labs ltd company details
company number
14206620
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
June 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
23 1st floor east park road, leicester, leicestershire, LE5 4QD
Bank
-
Legal Advisor
-
gts labs 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 did not find charges/mortgages relating to gts labs ltd.
gts labs 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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gts labs ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
