glx food ltd
glx food ltd Company Information
Company Number
14251690
Website
-Registered Address
flat 1301 marsden house, 11 pegler square, london, SE3 9FW
Industry
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
ruilin guo 70%
meng xu 30%
glx food ltd Estimated Valuation
Pomanda estimates the enterprise value of GLX FOOD LTD at £320.5k based on a Turnover of £576.1k and 0.56x industry multiple (adjusted for size and gross margin).
glx food ltd Estimated Valuation
Pomanda estimates the enterprise value of GLX FOOD LTD at £835.3k based on an EBITDA of £212.3k and a 3.93x industry multiple (adjusted for size and gross margin).
glx food ltd Estimated Valuation
Pomanda estimates the enterprise value of GLX FOOD LTD at £378.3k based on Net Assets of £159.2k and 2.38x industry multiple (adjusted for liquidity).
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Glx Food Ltd Overview
Glx Food Ltd is a live company located in london, SE3 9FW with a Companies House number of 14251690. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in July 2022, it's largest shareholder is ruilin guo with a 70% stake. Glx Food Ltd is a startup, small sized company, Pomanda has estimated its turnover at £576.1k with unknown growth in recent years.
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Glx Food Ltd Health Check
Pomanda's financial health check has awarded Glx Food Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
2 Weak
Size
annual sales of £576.1k, make it larger than the average company (£146.7k)
- Glx Food Ltd
£146.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Glx Food Ltd
- - Industry AVG
Production
with a gross margin of 30.6%, this company has a higher cost of product (52.8%)
- Glx Food Ltd
52.8% - Industry AVG
Profitability
an operating margin of 36.9% make it more profitable than the average company (2.3%)
- Glx Food Ltd
2.3% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Glx Food Ltd
4 - Industry AVG
Pay Structure
on an average salary of £11.6k, the company has an equivalent pay structure (£11.6k)
- Glx Food Ltd
£11.6k - Industry AVG
Efficiency
resulting in sales per employee of £115.2k, this is more efficient (£38.9k)
- Glx Food Ltd
£38.9k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (19 days)
- Glx Food Ltd
19 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Glx Food Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glx Food Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glx Food Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.9%, this is a lower level of debt than the average (85.8%)
7.9% - Glx Food Ltd
85.8% - Industry AVG
GLX FOOD LTD financials
Glx Food Ltd's latest turnover from July 2023 is estimated at £576.1 thousand and the company has net assets of £159.2 thousand. According to their latest financial statements, Glx Food Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 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 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | |
|---|---|
| Tangible Assets | 5,407 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 5,407 |
| Stock & work in progress | 0 |
| Trade Debtors | 167,522 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 167,522 |
| total assets | 172,929 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 0 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 0 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 13,697 |
| provisions | 0 |
| total long term liabilities | 13,697 |
| total liabilities | 13,697 |
| net assets | 159,232 |
| total shareholders funds | 159,232 |
| Jul 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 167,522 |
| Creditors | 0 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 13,697 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
glx food ltd Credit Report and Business Information
Glx Food Ltd Competitor Analysis
Perform a competitor analysis for glx food ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SE3 area or any other competitors across 12 key performance metrics.
glx food ltd Ownership
GLX FOOD LTD group structure
Glx Food Ltd has no subsidiary companies.
Ultimate parent company
GLX FOOD LTD
14251690
glx food ltd directors
Glx Food Ltd currently has 2 directors. The longest serving directors include Mr Ruilin Guo (Jul 2022) and Mr Meng Xu (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ruilin Guo | England | 42 years | Jul 2022 | - | Director |
| Mr Meng Xu | United Kingdom | 37 years | Jul 2022 | - | Director |
P&L
July 2023turnover
576.1k
0%
operating profit
212.3k
0%
gross margin
30.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
159.2k
0%
total assets
172.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
glx food ltd company details
company number
14251690
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
July 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
flat 1301 marsden house, 11 pegler square, london, SE3 9FW
Bank
-
Legal Advisor
-
glx food 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 glx food ltd.
glx food ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
