g-ten commercials ltd
g-ten commercials ltd Company Information
Company Number
SC478495
Website
gtencommercials.co.ukRegistered Address
smithstown farmhouse, smithstown farmhouse, portknockie, moray, AB56 4PD
Industry
Sale of other motor vehicles
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
gary petrie 50%
michelle petrie 50%
g-ten commercials ltd Estimated Valuation
Pomanda estimates the enterprise value of G-TEN COMMERCIALS LTD at £48.5k based on a Turnover of £228.2k and 0.21x industry multiple (adjusted for size and gross margin).
g-ten commercials ltd Estimated Valuation
Pomanda estimates the enterprise value of G-TEN COMMERCIALS LTD at £122.8k based on an EBITDA of £45.7k and a 2.69x industry multiple (adjusted for size and gross margin).
g-ten commercials ltd Estimated Valuation
Pomanda estimates the enterprise value of G-TEN COMMERCIALS LTD at £313.7k based on Net Assets of £108.9k and 2.88x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
G-ten Commercials Ltd Overview
G-ten Commercials Ltd is a live company located in portknockie, AB56 4PD with a Companies House number of SC478495. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in May 2014, it's largest shareholder is gary petrie with a 50% stake. G-ten Commercials Ltd is a established, micro sized company, Pomanda has estimated its turnover at £228.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
G-ten Commercials Ltd Health Check
Pomanda's financial health check has awarded G-Ten Commercials Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £228.2k, make it smaller than the average company (£25.9m)
- G-ten Commercials Ltd
£25.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (5.4%)
- G-ten Commercials Ltd
5.4% - Industry AVG
Production
with a gross margin of 10.2%, this company has a higher cost of product (14.6%)
- G-ten Commercials Ltd
14.6% - Industry AVG
Profitability
an operating margin of 19.5% make it more profitable than the average company (4.3%)
- G-ten Commercials Ltd
4.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (53)
2 - G-ten Commercials Ltd
53 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- G-ten Commercials Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £114.1k, this is less efficient (£496.7k)
- G-ten Commercials Ltd
£496.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (19 days)
- G-ten Commercials Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (45 days)
- G-ten Commercials Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is less than average (81 days)
- G-ten Commercials Ltd
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 150 weeks, this is more cash available to meet short term requirements (10 weeks)
150 weeks - G-ten Commercials Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (67.2%)
29.8% - G-ten Commercials Ltd
67.2% - Industry AVG
G-TEN COMMERCIALS LTD financials
G-Ten Commercials Ltd's latest turnover from May 2023 is estimated at £228.2 thousand and the company has net assets of £108.9 thousand. According to their latest financial statements, G-Ten Commercials Ltd has 2 employees and maintains cash reserves of £130.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,338 | 1,340 | 310 | 388 | 485 | 273 | 422 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,338 | 1,340 | 310 | 388 | 485 | 273 | 422 | 0 | 0 |
| Stock & work in progress | 19,500 | 91,475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 954 | 840 | 119,992 | 64,175 | 55,090 | 33,899 | 18,825 | 0 | 146 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 773 | 741 | 0 | 0 | 0 | 0 | 0 |
| Cash | 130,397 | 62,102 | 0 | 0 | 0 | 0 | 0 | 639 | 963 |
| misc current assets | 0 | 0 | 0 | 0 | 544 | 627 | 0 | 0 | 0 |
| total current assets | 150,851 | 154,417 | 120,765 | 64,916 | 55,634 | 34,526 | 18,825 | 639 | 1,109 |
| total assets | 155,189 | 155,757 | 121,075 | 65,304 | 56,119 | 34,799 | 19,247 | 639 | 1,109 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 45,175 | 82,350 | 78,865 | 39,064 | 0 | 34,704 | 19,047 | 2,000 | 2,110 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 45,175 | 82,350 | 78,865 | 39,064 | 0 | 34,704 | 19,047 | 2,000 | 2,110 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 900 | 913 | 913 | 1,250 | 513 | 600 | 0 | 313 |
| other liabilities | 0 | 0 | 0 | 0 | 44,151 | 0 | 0 | 0 | 0 |
| provisions | 1,084 | 255 | 59 | 74 | 92 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,084 | 1,155 | 972 | 987 | 45,493 | 513 | 600 | 0 | 313 |
| total liabilities | 46,259 | 83,505 | 79,837 | 40,051 | 45,493 | 35,217 | 19,647 | 2,000 | 2,423 |
| net assets | 108,930 | 72,252 | 41,238 | 25,253 | 10,626 | -418 | -400 | -1,361 | -1,314 |
| total shareholders funds | 108,930 | 72,252 | 41,238 | 25,253 | 10,626 | -418 | -400 | -1,361 | -1,314 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,084 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | -71,975 | 91,475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 114 | -119,925 | 55,849 | 9,826 | 21,191 | 15,074 | 18,825 | -146 | 146 |
| Creditors | -37,175 | 3,485 | 39,801 | 39,064 | -34,704 | 15,657 | 17,047 | -110 | 2,110 |
| Accruals and Deferred Income | -900 | -13 | 0 | -337 | 737 | -87 | 600 | -313 | 313 |
| Deferred Taxes & Provisions | 829 | 196 | -15 | -18 | 92 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -44,151 | 44,151 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 68,295 | 62,102 | 0 | 0 | 0 | 0 | -639 | -324 | 963 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 68,295 | 62,102 | 0 | 0 | 0 | 0 | -639 | -324 | 963 |
g-ten commercials ltd Credit Report and Business Information
G-ten Commercials Ltd Competitor Analysis
Perform a competitor analysis for g-ten commercials ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
g-ten commercials ltd Ownership
G-TEN COMMERCIALS LTD group structure
G-Ten Commercials Ltd has no subsidiary companies.
Ultimate parent company
G-TEN COMMERCIALS LTD
SC478495
g-ten commercials ltd directors
G-Ten Commercials Ltd currently has 2 directors. The longest serving directors include Mrs Michelle Petrie (May 2014) and Mr Gary Petrie (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Michelle Petrie | Scotland | 39 years | May 2014 | - | Director |
| Mr Gary Petrie | Scotland | 46 years | May 2014 | - | Director |
P&L
May 2023turnover
228.2k
-31%
operating profit
44.6k
0%
gross margin
10.2%
-0.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
108.9k
+0.51%
total assets
155.2k
0%
cash
130.4k
+1.1%
net assets
Total assets minus all liabilities
Similar Companies
g-ten commercials ltd company details
company number
SC478495
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
incorporation date
May 2014
age
10
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
smithstown farmhouse, smithstown farmhouse, portknockie, moray, AB56 4PD
last accounts submitted
May 2023
g-ten commercials 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 g-ten commercials ltd.
g-ten commercials ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
