Pomanda estimates the enterprise value of GILBERT-ASH LIMITED at £115.2m based on a Turnover of £262.8m and 0.44x industry multiple (adjusted for size and gross margin).
gilbert-ash limitedEstimated Valuation
£7.8m
Pomanda estimates the enterprise value of GILBERT-ASH LIMITED at £7.8m based on an EBITDA of £1.7m and a 4.59x industry multiple (adjusted for size and gross margin).
gilbert-ash limitedEstimated Valuation
£44.1m
Pomanda estimates the enterprise value of GILBERT-ASH LIMITED at £44.1m based on Net Assets of £29.2m and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gilbert-ash LimitedOverview
Gilbert-ash Limited is a live company located in belfast, BT12 6HT with a Companies House number of NI002345. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in June 1947, it's largest shareholder is
ards holdings ltd
with a 100% stake. Gilbert-ash Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£262.8m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Gilbert-Ash Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £262.8m, make it larger than the average company (£12.1m)
£262.8m - Gilbert-ash Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7.5%)
14% - Gilbert-ash Limited
7.5% - Industry AVG
Production
with a gross margin of 4.5%, this company has a higher cost of product (15.9%)
4.5% - Gilbert-ash Limited
15.9% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (4.5%)
0.4% - Gilbert-ash Limited
4.5% - Industry AVG
Employees
with 200 employees, this is above the industry average (33)
200 - Gilbert-ash Limited
33 - Industry AVG
Pay Structure
on an average salary of £77.8k, the company has a higher pay structure (£55.1k)
£77.8k - Gilbert-ash Limited
£55.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£362.1k)
£1.3m - Gilbert-ash Limited
£362.1k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (46 days)
50 days - Gilbert-ash Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (39 days)
24 days - Gilbert-ash Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gilbert-ash Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 37 weeks, this is more cash available to meet short term requirements (21 weeks)
37 weeks - Gilbert-ash Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.7%, this is a similar level of debt than the average (67.9%)
68.7% - Gilbert-ash Limited
67.9% - Industry AVG
GILBERT-ASH LIMITED financials
EXPORT
Gilbert-Ash Limited's latest turnover from December 2023 is £262.8 million and the company has net assets of £29.2 million. According to their latest financial statements, Gilbert-Ash Limited has 200 employees and maintains cash reserves of £46.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
262,844,343
262,437,209
219,293,275
176,156,245
163,089,144
179,425,712
165,547,254
148,003,608
117,327,969
73,091,722
76,227,733
76,450,589
84,332,404
93,976,174
96,355,927
Other Income Or Grants
Cost Of Sales
250,969,475
247,911,672
198,074,163
156,807,784
149,408,141
164,680,671
156,691,837
140,071,609
112,503,215
69,380,798
73,144,391
78,475,548
80,387,691
89,963,878
92,526,662
Gross Profit
11,874,868
14,525,537
21,219,112
19,348,461
13,681,003
14,745,041
8,855,417
7,931,999
4,824,754
3,710,924
3,083,342
-2,024,959
3,944,713
4,012,296
3,829,265
Admin Expenses
10,755,599
10,406,251
9,283,435
8,665,942
8,153,425
7,171,978
6,755,198
6,419,101
4,651,965
3,582,271
2,895,662
3,043,804
3,430,765
3,684,080
3,494,357
Operating Profit
1,119,269
4,119,286
11,935,677
10,682,519
5,527,578
7,573,063
2,100,219
1,512,898
172,789
128,653
187,680
-5,068,763
513,948
328,216
334,908
Interest Payable
413
1,107
1,822
280
546
658
756
1,813
2,198
1,841
1,422
993
1,858
4,447
8,038
Interest Receivable
773,786
173,137
21,169
42,561
140,685
89,980
25,656
37,860
29,959
17,241
30,432
140,271
197,039
422,337
797,553
Pre-Tax Profit
1,892,642
4,291,316
11,955,024
10,724,800
5,667,717
7,662,385
2,125,119
1,415,815
200,550
144,053
216,690
-4,929,485
709,129
691,106
1,124,423
Tax
-514,553
366,251
-2,353,376
-1,358,157
-46,995
-1,335,520
-365,560
486,777
-109,580
-10,688
-158,060
1,045,235
-168,024
-263,908
-308,067
Profit After Tax
1,378,089
4,657,567
9,601,648
9,366,643
5,620,722
6,326,865
1,759,559
1,902,592
90,970
133,365
58,630
-3,884,250
541,105
427,198
816,356
Dividends Paid
231,750
3,780,000
6,480,000
9,180,000
180,000
180,000
200,000
400,000
600,000
Retained Profit
1,146,339
877,567
3,121,648
186,643
5,440,722
6,146,865
1,759,559
1,902,592
90,970
133,365
58,630
-3,884,250
341,105
27,198
216,356
Employee Costs
15,553,465
15,488,497
14,701,396
12,444,149
12,078,170
11,107,303
9,632,661
9,582,039
6,713,618
4,827,162
4,165,954
4,140,258
4,716,560
5,160,990
5,654,252
Number Of Employees
200
199
189
174
174
177
174
175
153
119
110
112
123
129
140
EBITDA*
1,694,475
4,699,283
12,510,281
11,426,807
5,539,392
7,589,639
2,122,282
1,542,850
214,263
182,306
252,934
-4,983,430
608,651
423,676
441,185
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
3,566,052
4,141,258
4,725,482
5,307,255
4,141,180
1,176,163
1,066,009
1,079,957
1,114,246
1,156,029
1,200,976
1,235,063
3,269,981
3,253,533
3,305,286
Intangible Assets
Investments & Other
375,000
375,000
135,250
161,250
161,250
161,250
195,000
195,000
250,000
Debtors (Due After 1 year)
Total Fixed Assets
3,566,052
4,141,258
5,100,482
5,682,255
4,141,180
1,176,163
1,066,009
1,079,957
1,249,496
1,317,279
1,362,226
1,396,313
3,464,981
3,448,533
3,555,286
Stock & work in progress
19,600
25,712
38,539
61,856
27,710
35,058
48,770
60,092
75,932
92,026
120,841
Trade Debtors
36,380,850
35,110,880
23,264,471
10,942,190
13,287,218
12,178,753
23,210,338
18,883,115
13,119,488
10,436,932
8,530,707
4,193,868
9,257,312
8,227,993
9,444,186
Group Debtors
5,972,744
4,276,766
3,645,980
3,376,094
2,948,831
4,226,351
2,054,423
1,504,814
1,352,795
1,293,847
1,138,233
3,645,749
3,140,297
2,643,443
2,084,757
Misc Debtors
861,027
896,910
498,963
414,074
1,860,745
570,284
249,644
1,196,658
654,825
747,543
811,171
1,507,566
143,248
146,590
1,125,068
Cash
46,324,338
58,102,453
61,835,119
55,298,910
47,549,879
40,693,246
28,109,230
17,881,353
15,037,825
10,383,810
9,046,017
10,071,932
15,471,182
17,885,765
19,397,765
misc current assets
total current assets
89,538,959
98,387,009
89,244,533
70,031,268
65,666,273
57,694,346
53,662,174
39,527,796
30,192,643
22,897,190
19,574,898
19,479,207
28,087,971
28,995,817
32,172,617
total assets
93,105,011
102,528,267
94,345,015
75,713,523
69,807,453
58,870,509
54,728,183
40,607,753
31,442,139
24,214,469
20,937,124
20,875,520
31,552,952
32,444,350
35,727,903
Bank overdraft
Bank loan
Trade Creditors
17,149,900
15,224,583
11,245,120
13,190,846
7,585,993
7,198,229
7,176,243
7,677,655
6,919,665
4,193,140
4,091,349
3,504,580
2,034,676
2,005,876
1,942,668
Group/Directors Accounts
33,050
33,050
33,050
33,050
33,050
33,050
2,697,495
3,827,105
1,847,794
1,813,737
other short term finances
hp & lease commitments
1,401
2,983
7,668
7,135
6,602
4,724
5,304
4,941
22,757
89,012
other current liabilities
46,284,217
58,610,022
55,218,959
37,971,668
38,153,975
33,019,908
35,048,533
22,178,582
15,610,723
11,193,946
8,155,379
6,086,412
11,259,243
14,470,176
17,821,373
total current liabilities
63,434,117
73,834,605
66,464,079
51,162,514
45,739,968
40,252,588
42,260,809
29,896,955
22,570,573
15,426,738
12,284,502
12,293,791
17,125,965
18,346,603
21,666,790
loans
hp & lease commitments
1,401
4,384
12,052
19,187
17,443
5,180
10,483
15,425
18,178
Accruals and Deferred Income
other liabilities
provisions
487,391
656,498
721,339
503,071
13,925
5,083
5,705
12,628
439
total long term liabilities
487,391
656,498
721,339
503,071
13,925
5,083
1,401
4,384
12,052
19,187
17,443
5,180
16,188
28,053
18,617
total liabilities
63,921,508
74,491,103
67,185,418
51,665,585
45,753,893
40,257,671
42,262,210
29,901,339
22,582,625
15,445,925
12,301,945
12,298,971
17,142,153
18,374,656
21,685,407
net assets
29,183,503
28,037,164
27,159,597
24,047,938
24,053,560
18,612,838
12,465,973
10,706,414
8,859,514
8,768,544
8,635,179
8,576,549
14,410,799
14,069,694
14,042,496
total shareholders funds
29,183,503
28,037,164
27,159,597
24,047,938
24,053,560
18,612,838
12,465,973
10,706,414
8,859,514
8,768,544
8,635,179
8,576,549
14,410,799
14,069,694
14,042,496
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
1,119,269
4,119,286
11,935,677
10,682,519
5,527,578
7,573,063
2,100,219
1,512,898
172,789
128,653
187,680
-5,068,763
513,948
328,216
334,908
Depreciation
575,206
579,997
574,604
744,288
11,814
16,576
22,063
29,952
41,474
53,653
65,254
85,333
94,703
95,460
106,277
Amortisation
Tax
-514,553
366,251
-2,353,376
-1,358,157
-46,995
-1,335,520
-365,560
486,777
-109,580
-10,688
-158,060
1,045,235
-168,024
-263,908
-308,067
Stock
-19,600
-6,112
-12,827
-23,317
34,146
-7,348
-13,712
-11,322
-15,840
-16,094
-28,815
120,841
Debtors
2,930,065
12,875,142
12,677,056
-3,364,436
1,121,406
-8,539,017
3,929,818
6,457,479
2,648,786
1,998,211
1,132,928
-3,193,674
1,522,831
-1,635,985
12,654,011
Creditors
1,925,317
3,979,463
-1,945,726
5,604,853
387,764
21,986
-501,412
757,990
2,726,525
101,791
586,769
1,469,904
28,800
63,208
1,942,668
Accruals and Deferred Income
-12,325,805
3,391,063
17,247,291
-182,307
5,134,067
-2,028,625
12,869,951
6,567,859
4,416,777
3,038,567
2,068,967
-5,172,831
-3,210,933
-3,351,197
17,821,373
Deferred Taxes & Provisions
-169,107
-64,841
218,268
489,146
8,842
5,083
-5,705
-6,923
12,189
439
Cash flow from operations
-12,319,738
-503,923
12,999,682
19,364,378
9,907,776
12,804,407
10,218,760
2,863,851
4,606,547
1,327,477
1,629,004
-4,437,313
-4,255,166
-1,451,232
7,122,746
Investing Activities
capital expenditure
4,227
7,169
-1,910,363
-2,976,831
-126,730
-8,115
4,337
309
-8,706
-31,167
1,949,585
-111,151
-43,707
-3,411,563
Change in Investments
-375,000
375,000
-135,250
-26,000
-33,750
-55,000
250,000
cash flow from investments
379,227
7,169
-2,285,363
-2,976,831
-126,730
-8,115
139,587
26,309
-8,706
-31,167
1,983,335
-111,151
11,293
-3,661,563
Financing Activities
Bank loans
Group/Directors Accounts
-33,050
-2,664,445
-1,129,610
1,979,311
34,057
1,813,737
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-1,401
-2,983
-7,668
-7,135
-6,602
3,622
11,683
-4,940
-22,758
-69,008
107,190
other long term liabilities
share issue
-9,989
-192,265
-55,692
-1,950,000
13,826,140
interest
773,373
172,030
19,347
42,281
140,139
89,322
24,900
36,047
27,761
15,400
29,010
139,278
195,181
417,890
789,515
cash flow from financing
773,373
172,030
9,358
-149,984
105,688
86,339
17,232
-26,780
21,159
19,022
-2,623,752
-2,945,272
2,151,734
382,939
16,536,582
cash and cash equivalents
cash
-11,778,115
-3,732,666
6,536,209
7,749,031
6,856,633
12,584,016
10,227,877
2,843,528
4,654,015
1,337,793
-1,025,915
-5,399,250
-2,414,583
-1,512,000
19,397,765
overdraft
change in cash
-11,778,115
-3,732,666
6,536,209
7,749,031
6,856,633
12,584,016
10,227,877
2,843,528
4,654,015
1,337,793
-1,025,915
-5,399,250
-2,414,583
-1,512,000
19,397,765
gilbert-ash 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 gilbert-ash limited. Get real-time insights into gilbert-ash limited's credit score, group structure and payment trends.
Perform a competitor analysis for gilbert-ash limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in BT12 area or any other competitors across 12 key performance metrics.
The sole shareholder of Gilbert-Ash Limited is Ards Holdings Ltd.
ards holdings ltd
100%
gilbert-ash limited directors
Gilbert-Ash Limited currently has 5 directors.
The longest serving directors include
Mr Raymond Hutchinson (Dec 2003) and
Mr Raymond Gilroy (Apr 2005).
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 23 charges/mortgages relating to gilbert-ash limited. Currently there are 17 open charges and 6 have been satisfied in the past.
gilbert-ash limited Capital Raised & Share Issues BETA
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gilbert-ash limitedCompanies House Filings - See Documents
