gigabit sales & rental ltd

gigabit sales & rental ltd Company Information

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Company Number

14924118

Industry

Wholesale of electronic and telecommunications equipment and parts

 

Shareholders

kevan egan

stuart evans

Group Structure

View All

Contact

Registered Address

53 milestone drive, hagley, stourbridge, DY9 0LW

Website

-

gigabit sales & rental ltd Estimated Valuation

£306.3k

Pomanda estimates the enterprise value of GIGABIT SALES & RENTAL LTD at £306.3k based on a Turnover of £892.5k and 0.34x industry multiple (adjusted for size and gross margin).

gigabit sales & rental ltd Estimated Valuation

£110.5k

Pomanda estimates the enterprise value of GIGABIT SALES & RENTAL LTD at £110.5k based on an EBITDA of £37.6k and a 2.94x industry multiple (adjusted for size and gross margin).

gigabit sales & rental ltd Estimated Valuation

£53.8k

Pomanda estimates the enterprise value of GIGABIT SALES & RENTAL LTD at £53.8k based on Net Assets of £28.2k and 1.91x industry multiple (adjusted for liquidity).

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Gigabit Sales & Rental Ltd Overview

Gigabit Sales & Rental Ltd is a live company located in stourbridge, DY9 0LW with a Companies House number of 14924118. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in June 2023, it's largest shareholder is kevan egan with a 50% stake. Gigabit Sales & Rental Ltd is a new, small sized company, Pomanda has estimated its turnover at £892.5k with unknown growth in recent years.

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Gigabit Sales & Rental Ltd Health Check

Pomanda's financial health check has awarded Gigabit Sales & Rental Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £892.5k, make it smaller than the average company (£16.2m)

£892.5k - Gigabit Sales & Rental Ltd

£16.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Gigabit Sales & Rental Ltd

- - Industry AVG

production

Production

with a gross margin of 18.2%, this company has a higher cost of product (24.9%)

18.2% - Gigabit Sales & Rental Ltd

24.9% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it as profitable than the average company (3.8%)

4.2% - Gigabit Sales & Rental Ltd

3.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (32)

2 - Gigabit Sales & Rental Ltd

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)

£53.1k - Gigabit Sales & Rental Ltd

£53.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £446.2k, this is equally as efficient (£469.1k)

£446.2k - Gigabit Sales & Rental Ltd

£469.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is near the average (60 days)

51 days - Gigabit Sales & Rental Ltd

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 154 days, this is slower than average (32 days)

154 days - Gigabit Sales & Rental Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gigabit Sales & Rental Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gigabit Sales & Rental Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.6%, this is a higher level of debt than the average (57.3%)

91.6% - Gigabit Sales & Rental Ltd

57.3% - Industry AVG

GIGABIT SALES & RENTAL LTD financials

EXPORTms excel logo

Gigabit Sales & Rental Ltd's latest turnover from June 2024 is estimated at £892.5 thousand and the company has net assets of £28.2 thousand. According to their latest financial statements, we estimate that Gigabit Sales & Rental Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024
Turnover892,463
Other Income Or Grants0
Cost Of Sales729,778
Gross Profit162,685
Admin Expenses125,072
Operating Profit37,613
Interest Payable0
Interest Receivable0
Pre-Tax Profit37,613
Tax-9,403
Profit After Tax28,210
Dividends Paid0
Retained Profit28,210
Employee Costs106,142
Number Of Employees2
EBITDA*37,613

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024
Tangible Assets210,450
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets210,450
Stock & work in progress0
Trade Debtors125,755
Group Debtors0
Misc Debtors0
Cash0
misc current assets0
total current assets125,755
total assets336,205
Bank overdraft0
Bank loan0
Trade Creditors 307,995
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities307,995
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities0
provisions0
total long term liabilities0
total liabilities307,995
net assets28,210
total shareholders funds28,210
Jun 2024
Operating Activities
Operating Profit37,613
Depreciation0
Amortisation0
Tax-9,403
Stock0
Debtors125,755
Creditors307,995
Accruals and Deferred Income0
Deferred Taxes & Provisions0
Cash flow from operations210,450
Investing Activities
capital expenditure-210,450
Change in Investments0
cash flow from investments-210,450
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue0
interest0
cash flow from financing0
cash and cash equivalents
cash0
overdraft0
change in cash0

gigabit sales & rental ltd 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 gigabit sales & rental ltd. Get real-time insights into gigabit sales & rental ltd's credit score, group structure and payment trends.

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Gigabit Sales & Rental Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gigabit sales & rental ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in DY9 area or any other competitors across 12 key performance metrics.

gigabit sales & rental ltd Ownership

GIGABIT SALES & RENTAL LTD group structure

Gigabit Sales & Rental Ltd has no subsidiary companies.

Ultimate parent company

GIGABIT SALES & RENTAL LTD

14924118

GIGABIT SALES & RENTAL LTD Shareholders

kevan egan 50%
stuart evans 50%

gigabit sales & rental ltd directors

Gigabit Sales & Rental Ltd currently has 2 directors. The longest serving directors include Mr Kevan Egan (Jun 2023) and Mr Stuart Evans (Jun 2024).

officercountryagestartendrole
Mr Kevan EganEngland65 years Jun 2023- Director
Mr Stuart EvansEngland54 years Jun 2024- Director

P&L

June 2024

turnover

892.5k

0%

operating profit

37.6k

0%

gross margin

18.3%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

28.2k

0%

total assets

336.2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

gigabit sales & rental ltd company details

company number

14924118

Type

Private limited with Share Capital

industry

46520 - Wholesale of electronic and telecommunications equipment and parts

incorporation date

June 2023

age

1

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

53 milestone drive, hagley, stourbridge, DY9 0LW

Bank

-

Legal Advisor

-

gigabit sales & rental 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 gigabit sales & rental ltd.

charges

gigabit sales & rental ltd Companies House Filings - See Documents

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