Gibbs Gears (precision Engineers) Ltd

POWER SEARCH PRICING

SOLUTIONS

gibbs gears (precision engineers) ltd Company Information

Live

MatureMidHealthy

Company Number

03319645

Website

www.gibbsgears.com

Registered Address

unit 4 triangle business park, quilters way, stoke mandeville, bucks, HP22 5BL

Industry

Machining

Telephone

01296739020

Next Accounts Due

May 2024

Group Structure

View All

Directors

Peter Garrod27 Years

Jacqueline Garrod27 Years

Shareholders

peter garrod 50%

jacqueline garrod 50%

gibbs gears (precision engineers) ltd Estimated Valuation

£8.8m

Pomanda estimates the enterprise value of GIBBS GEARS (PRECISION ENGINEERS) LTD at £8.8m based on an EBITDA of £2m and a 4.38x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Gibbs Gears (precision Engineers) Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Gibbs Gears (precision Engineers) Ltd is a live company located in stoke mandeville, HP22 5BL with a Companies House number of 03319645. It operates in the machining sector, SIC Code 25620. Founded in February 1997, it's largest shareholder is peter garrod with a 50% stake. Gibbs Gears (precision Engineers) Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Gibbs Gears (Precision Engineers) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £5.7m, make it smaller than the average company (£8.9m)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (-2.1%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for gibbs gears (precision engineers) ltd. Get real-time insights into gibbs gears (precision engineers) ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for gibbs gears (precision engineers) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GIBBS GEARS (PRECISION ENGINEERS) LTD group structure

Gibbs Gears (Precision Engineers) Ltd has no subsidiary companies.

Ultimate parent company

GIBBS GEARS (PRECISION ENGINEERS) LTD

03319645

GIBBS GEARS (PRECISION ENGINEERS) LTD Shareholders

peter garrod	50%
jacqueline garrod	50%

Gibbs Gears (Precision Engineers) Ltd currently has 2 directors. The longest serving directors include Mr Peter Garrod (Feb 1997) and Mrs Jacqueline Garrod (Feb 1997).

officer	country	age	start	end	role
Mr Peter Garrod	England	58 years	Feb 1997	-	Director
Mrs Jacqueline Garrod	England	59 years	Feb 1997	-	Director

EXPORT

Gibbs Gears (Precision Engineers) Ltd's latest turnover from August 2022 is estimated at £5.7 million and the company has net assets of £2.9 million. According to their latest financial statements, Gibbs Gears (Precision Engineers) Ltd has 51 employees and maintains cash reserves of £460.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	5,705,396	4,171,672	3,756,203	4,463,709	4,315,883	3,330,922	3,736,911	4,691,539	4,305,097	3,746,423	2,923,165	2,794,920	2,855,986	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,129,623	2,985,621	2,673,051	3,193,404	2,950,909	2,318,930	2,625,676	3,265,099	2,982,582	2,640,784	2,068,903	1,930,727	1,941,460	0
Gross Profit	1,575,772	1,186,051	1,083,151	1,270,305	1,364,973	1,011,992	1,111,235	1,426,439	1,322,514	1,105,638	854,263	864,193	914,526	0
Admin Expenses	-113,874	904,182	1,061,782	1,193,332	1,760,380	1,014,688	973,225	1,131,833	1,268,229	847,077	496,347	544,113	1,334,370	-1,321,254
Operating Profit	1,689,646	281,869	21,369	76,973	-395,407	-2,696	138,010	294,606	54,285	258,561	357,916	320,080	-419,844	1,321,254
Interest Payable	35,198	21,627	7,004	16,116	15,423	0	0	0	0	0	0	0	0	0
Interest Receivable	12,699	617	153	431	344	324	596	1,537	1,476	954	373	50	417	368
Pre-Tax Profit	1,667,147	260,859	14,519	61,288	-410,485	-2,372	138,606	296,144	55,761	259,514	358,289	320,130	-419,427	1,321,622
Tax	-316,758	-49,563	-2,759	-11,645	0	0	-27,721	-59,229	-11,710	-59,688	-85,989	-83,234	0	-370,054
Profit After Tax	1,350,389	211,296	11,760	49,643	-410,485	-2,372	110,885	236,915	44,051	199,826	272,300	236,896	-419,427	951,568
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,350,389	211,296	11,760	49,643	-410,485	-2,372	110,885	236,915	44,051	199,826	272,300	236,896	-419,427	951,568
Employee Costs	2,087,878	1,762,797	1,915,642	1,770,531	1,732,562	1,736,622	1,334,575	1,504,259	1,374,831	1,090,509	884,788	859,523	883,342	0
Number Of Employees	51	45	48	48	48	48	38	43	40	32	26	26	27	0
EBITDA*	2,018,489	651,502	465,346	502,063	-116,273	313,743	461,969	634,514	375,596	555,841	591,017	466,362	-259,418	1,445,183

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	1,342,258	1,591,618	1,787,042	2,216,200	1,635,236	1,395,954	1,637,329	1,590,366	1,512,550	1,498,223	1,180,163	1,160,127	754,835	907,438
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,342,258	1,591,618	1,787,042	2,216,200	1,635,236	1,395,954	1,637,329	1,590,366	1,512,550	1,498,223	1,180,163	1,160,127	754,835	907,438
Stock & work in progress	1,315,936	180,000	200,000	114,000	114,000	113,000	40,000	40,000	40,000	40,000	35,000	33,350	4,750	24,750
Trade Debtors	1,398,627	1,037,219	798,368	1,130,248	1,078,796	824,917	1,062,203	1,201,439	1,062,574	924,700	789,371	767,793	648,868	616,198
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	386,075	252,681	391,250	194,238	437,059	267,290	153,998	0	0	0	0	0	0	0
Cash	460,629	990,694	243,805	62,054	52,910	38,916	220,307	256,699	358,287	232,203	149,196	25	19,797	147,182
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,561,267	2,460,594	1,633,423	1,500,540	1,682,765	1,244,123	1,476,508	1,498,138	1,460,861	1,196,903	973,567	801,168	673,415	788,130
total assets	4,903,525	4,052,212	3,420,465	3,716,740	3,318,001	2,640,077	3,113,837	3,088,504	2,973,411	2,695,126	2,153,730	1,961,295	1,428,250	1,695,568
Bank overdraft	100,000	97,610	209,092	20,544	456,966	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	394,709	605,055	385,802	745,894	686,114	261,735	366,341	901,713	965,339	722,252	651,356	669,113	762,860	517,580
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	285,036	269,947	242,311	252,403	186,891	246,100	321,089	0	0	0	0	0	0	0
other current liabilities	293,811	250,639	202,265	171,621	90,382	219,749	240,096	0	0	0	0	0	0	0
total current liabilities	1,073,556	1,223,251	1,039,470	1,190,462	1,420,353	727,584	927,526	901,713	965,339	722,252	651,356	669,113	762,860	517,580
loans	308,333	402,390	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	505,288	733,413	886,610	1,055,388	513,982	111,307	356,432	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	460,239	580,451	625,136	372,125	434,743	68,740	167,292
provisions	163,103	190,302	202,825	191,090	153,509	160,544	186,865	194,423	132,407	96,575	78,912	78,402	54,509	49,128
total long term liabilities	976,724	1,326,105	1,089,435	1,246,478	667,491	271,851	543,297	654,662	712,858	721,711	451,037	513,145	123,249	216,420
total liabilities	2,050,280	2,549,356	2,128,905	2,436,940	2,087,844	999,435	1,470,823	1,556,375	1,678,197	1,443,963	1,102,393	1,182,258	886,109	734,000
net assets	2,853,245	1,502,856	1,291,560	1,279,800	1,230,157	1,640,642	1,643,014	1,532,129	1,295,214	1,251,163	1,051,337	779,037	542,141	961,568
total shareholders funds	2,853,245	1,502,856	1,291,560	1,279,800	1,230,157	1,640,642	1,643,014	1,532,129	1,295,214	1,251,163	1,051,337	779,037	542,141	961,568

	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	1,689,646	281,869	21,369	76,973	-395,407	-2,696	138,010	294,606	54,285	258,561	357,916	320,080	-419,844	1,321,254
Depreciation	328,843	369,633	443,977	425,090	279,134	316,439	323,959	339,908	321,311	297,280	233,101	146,282	160,426	123,929
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-316,758	-49,563	-2,759	-11,645	0	0	-27,721	-59,229	-11,710	-59,688	-85,989	-83,234	0	-370,054
Stock	1,135,936	-20,000	86,000	0	1,000	73,000	0	0	0	5,000	1,650	28,600	-20,000	24,750
Debtors	494,802	100,282	-134,868	-191,369	423,648	-123,994	14,762	138,865	137,874	135,329	21,578	118,925	32,670	616,198
Creditors	-210,346	219,253	-360,092	59,780	424,379	-104,606	-535,372	-63,626	243,087	70,896	-17,757	-93,747	245,280	517,580
Accruals and Deferred Income	43,172	48,374	30,644	81,239	-129,367	-20,347	240,096	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-27,199	-12,523	11,735	37,581	-7,035	-26,321	-7,558	62,016	35,832	17,663	510	23,893	5,381	49,128
Cash flow from operations	-123,380	776,761	193,742	860,387	-252,944	213,463	116,652	434,810	504,931	444,383	464,553	165,749	-21,427	1,000,889
Investing Activities
capital expenditure	-79,483	-174,209	-14,819	-1,006,054	-518,416	-75,064	-370,922	-417,724	-335,638	-615,340	-253,137	-551,574	-7,823	-1,031,367
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-79,483	-174,209	-14,819	-1,006,054	-518,416	-75,064	-370,922	-417,724	-335,638	-615,340	-253,137	-551,574	-7,823	-1,031,367
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-94,057	402,390	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-213,036	-125,561	-178,870	606,918	343,466	-320,114	677,521	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	-460,239	-120,212	-44,685	253,011	-62,618	366,003	-98,552	167,292
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	10,000
interest	-22,499	-21,010	-6,851	-15,685	-15,079	324	596	1,537	1,476	954	373	50	417	368
cash flow from financing	-329,592	255,819	-185,721	591,233	328,387	-319,790	217,878	-118,675	-43,209	253,965	-62,245	366,053	-98,135	177,660
cash and cash equivalents
cash	-530,065	746,889	181,751	9,144	13,994	-181,391	-36,392	-101,588	126,084	83,007	149,171	-19,772	-127,385	147,182
overdraft	2,390	-111,482	188,548	-436,422	456,966	0	0	0	0	0	0	0	0	0
change in cash	-532,455	858,371	-6,797	445,566	-442,972	-181,391	-36,392	-101,588	126,084	83,007	149,171	-19,772	-127,385	147,182

P&L

August 2022

turnover

5.7m

+37%

operating profit

1.7m

gross margin

27.7%

-2.86%

turnover

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

Balance Sheet

August 2022

net assets

2.9m

+0.9%

total assets

4.9m

+0.21%

cash

460.6k

-0.54%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

ashby precision engineering limited

bcmz precision engineering limited

huxley bertram engineering limited

hunting energy services (international) limited

summit engineering (birmingham) limited

company number

03319645

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

February 1997

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

unit 4 triangle business park, quilters way, stoke mandeville, bucks, HP22 5BL

last accounts submitted

August 2022

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 7 charges/mortgages relating to gibbs gears (precision engineers) ltd. Currently there are 2 open charges and 5 have been satisfied in the past.

gibbs gears (precision engineers) ltd Company Information

gibbs gears (precision engineers) ltd Estimated Valuation

gibbs gears (precision engineers) ltd Estimated Valuation

gibbs gears (precision engineers) ltd Estimated Valuation

Gibbs Gears (precision Engineers) Ltd AI Business Plan

Gibbs Gears (precision Engineers) Ltd Overview

Gibbs Gears (precision Engineers) Ltd Health Check

gibbs gears (precision engineers) ltd Credit Report and Business Information

Gibbs Gears (precision Engineers) Ltd Competitor Analysis

gibbs gears (precision engineers) ltd Ownership

gibbs gears (precision engineers) ltd directors

GIBBS GEARS (PRECISION ENGINEERS) LTD financials

gibbs gears (precision engineers) ltd company details

gibbs gears (precision engineers) ltd Charges & Mortgages

gibbs gears (precision engineers) ltd Companies House Filings - See Documents