e.and j.w.glendinning limited Company Information
Company Number
00614968
Website
http://ejwglendinning.co.ukRegistered Address
glentor, ashburton, newton abbot, devon, TQ13 7LF
Industry
Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
Telephone
01364652601
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
e & j w glendinning (holdings) ltd 100%
e.and j.w.glendinning limited Estimated Valuation
Pomanda estimates the enterprise value of E.AND J.W.GLENDINNING LIMITED at £29m based on a Turnover of £30.5m and 0.95x industry multiple (adjusted for size and gross margin).
e.and j.w.glendinning limited Estimated Valuation
Pomanda estimates the enterprise value of E.AND J.W.GLENDINNING LIMITED at £27.9m based on an EBITDA of £4.5m and a 6.14x industry multiple (adjusted for size and gross margin).
e.and j.w.glendinning limited Estimated Valuation
Pomanda estimates the enterprise value of E.AND J.W.GLENDINNING LIMITED at £83.4m based on Net Assets of £37.4m and 2.23x industry multiple (adjusted for liquidity).
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E.and J.w.glendinning Limited Overview
E.and J.w.glendinning Limited is a live company located in newton abbot, TQ13 7LF with a Companies House number of 00614968. It operates in the quarrying of ornamental and building stone, limestone, gypsum, chalk and slate sector, SIC Code 08110. Founded in November 1958, it's largest shareholder is e & j w glendinning (holdings) ltd with a 100% stake. E.and J.w.glendinning Limited is a mature, large sized company, Pomanda has estimated its turnover at £30.5m with healthy growth in recent years.
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E.and J.w.glendinning Limited Health Check
Pomanda's financial health check has awarded E.And J.W.Glendinning Limited a 4 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
3 Strong
4 Regular
5 Weak
Size
annual sales of £30.5m, make it in line with the average company (£26.6m)
£30.5m - E.and J.w.glendinning Limited
£26.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.2%)
5% - E.and J.w.glendinning Limited
8.2% - Industry AVG
Production
with a gross margin of 21.8%, this company has a higher cost of product (29.4%)
21.8% - E.and J.w.glendinning Limited
29.4% - Industry AVG
Profitability
an operating margin of 8.5% make it as profitable than the average company (8.8%)
8.5% - E.and J.w.glendinning Limited
8.8% - Industry AVG
Employees
with 202 employees, this is above the industry average (101)
202 - E.and J.w.glendinning Limited
101 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£44.8k)
£47.9k - E.and J.w.glendinning Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £151.1k, this is less efficient (£241.3k)
£151.1k - E.and J.w.glendinning Limited
£241.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (60 days)
57 days - E.and J.w.glendinning Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (47 days)
31 days - E.and J.w.glendinning Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (32 days)
40 days - E.and J.w.glendinning Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (22 weeks)
43 weeks - E.and J.w.glendinning Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (34.9%)
29.5% - E.and J.w.glendinning Limited
34.9% - Industry AVG
E.AND J.W.GLENDINNING LIMITED financials
E.And J.W.Glendinning Limited's latest turnover from April 2023 is £30.5 million and the company has net assets of £37.4 million. According to their latest financial statements, E.And J.W.Glendinning Limited has 202 employees and maintains cash reserves of £10.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 30,529,179 | 29,874,952 | 27,879,920 | 26,730,484 | 32,216,839 | 30,800,171 | 30,063,147 | 33,297,544 | 34,067,213 | 28,213,747 | 25,525,454 | 25,779,757 | 21,104,415 | 17,986,193 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 23,884,620 | 21,743,568 | 20,577,375 | 21,710,825 | 24,779,147 | 23,488,763 | 21,941,181 | 23,623,075 | 26,310,945 | 23,276,655 | 21,068,031 | 21,928,959 | 17,409,941 | 15,453,033 |
Gross Profit | 6,644,559 | 8,131,384 | 7,302,545 | 5,019,659 | 7,437,692 | 7,311,408 | 8,121,966 | 9,674,469 | 7,756,268 | 4,937,092 | 4,457,423 | 3,850,798 | 3,694,474 | 2,533,160 |
Admin Expenses | 4,049,150 | 4,416,675 | 2,715,720 | 2,372,342 | 3,294,322 | -309,457 | 2,547,553 | 2,998,239 | 3,131,610 | 4,972,552 | 2,896,332 | 2,793,566 | 2,470,328 | 2,305,599 |
Operating Profit | 2,595,409 | 3,714,709 | 4,586,825 | 2,647,317 | 4,143,370 | 7,620,865 | 5,574,413 | 6,676,230 | 4,624,658 | -35,460 | 1,561,091 | 1,057,232 | 1,224,146 | 227,561 |
Interest Payable | 406,165 | 328,359 | 323,463 | 309,166 | 235,150 | 209,364 | 300,952 | 284,463 | 271,018 | 254,918 | 232,677 | 265,067 | 210,544 | 146,226 |
Interest Receivable | 148,512 | 6,265 | 14,496 | 67,285 | 38,831 | 34,330 | 80,759 | 30,646 | 58,022 | 58,717 | 83,635 | 114,253 | 96,866 | 179,161 |
Pre-Tax Profit | 2,337,756 | 3,392,615 | 4,277,858 | 2,405,436 | 3,947,051 | 7,445,831 | 5,354,220 | 6,422,413 | 4,411,662 | -231,661 | 1,412,049 | 906,418 | 1,110,468 | 260,496 |
Tax | -485,619 | -1,186,930 | -822,668 | -606,690 | -756,182 | -658,231 | -950,036 | -1,182,892 | -959,215 | -388,845 | -513,357 | -22,873 | -252,581 | 34,000 |
Profit After Tax | 1,852,137 | 2,205,685 | 3,455,190 | 1,798,746 | 3,190,869 | 6,787,600 | 4,404,184 | 5,239,521 | 3,452,447 | -620,506 | 898,692 | 883,545 | 857,887 | 294,496 |
Dividends Paid | 2,000,000 | 0 | 0 | 0 | 3,000,000 | 11,527,310 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -147,863 | 2,205,685 | 3,455,190 | 1,798,746 | 190,869 | -4,739,710 | 4,404,184 | 5,239,521 | 3,452,447 | -620,506 | 898,692 | 883,545 | 857,887 | 294,496 |
Employee Costs | 9,685,496 | 9,217,299 | 8,765,476 | 8,860,414 | 9,216,840 | 8,886,371 | 8,469,182 | 8,486,563 | 8,360,376 | 7,697,701 | 7,439,799 | 7,494,480 | 6,599,660 | 6,622,874 |
Number Of Employees | 202 | 199 | 206 | 228 | 231 | 225 | 227 | 224 | 240 | 234 | 239 | 239 | 213 | 223 |
EBITDA* | 4,547,770 | 5,644,936 | 6,393,050 | 4,664,596 | 6,176,001 | 9,523,081 | 7,584,624 | 8,806,746 | 6,374,923 | 1,714,821 | 3,072,803 | 2,473,936 | 2,169,139 | 1,193,886 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 22,392,321 | 19,776,241 | 16,700,230 | 17,342,557 | 17,953,233 | 16,691,456 | 18,460,359 | 18,666,001 | 18,480,924 | 17,412,850 | 19,216,973 | 19,850,566 | 18,390,499 | 12,908,443 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 150 | 150 | 150 | 150 | 150 | 150 | 1,513,748 | 1,513,748 | 1,513,748 | 1,513,698 | 1,513,698 | 1,513,698 | 1,513,698 | 1,513,698 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 22,392,471 | 19,776,391 | 16,700,380 | 17,342,707 | 17,953,383 | 16,691,606 | 19,974,107 | 20,179,749 | 19,994,672 | 18,926,548 | 20,730,671 | 21,364,264 | 19,904,197 | 14,422,141 |
Stock & work in progress | 2,668,596 | 1,915,158 | 1,358,935 | 1,929,201 | 1,854,191 | 2,055,490 | 1,588,749 | 1,744,414 | 1,586,675 | 1,326,227 | 1,406,274 | 1,390,399 | 1,205,113 | 1,087,780 |
Trade Debtors | 4,824,826 | 5,395,156 | 4,612,385 | 2,383,846 | 5,155,517 | 4,863,167 | 5,787,074 | 5,019,704 | 6,464,098 | 5,713,817 | 5,588,194 | 4,392,261 | 4,656,504 | 3,555,811 |
Group Debtors | 4,614,208 | 4,293,422 | 4,849,476 | 4,715,696 | 4,828,273 | 4,146,833 | 5,302,310 | 2,182,310 | 682,310 | 362,310 | 242,310 | 122,310 | 2,310 | 980,414 |
Misc Debtors | 1,186,692 | 1,059,367 | 724,682 | 1,135,037 | 743,698 | 568,262 | 773,475 | 600,143 | 560,867 | 632,406 | 481,047 | 554,469 | 918,764 | 816,711 |
Cash | 10,269,475 | 16,419,560 | 17,287,548 | 13,549,873 | 7,634,958 | 6,300,835 | 7,311,097 | 8,813,444 | 8,245,022 | 6,782,958 | 4,175,345 | 2,589,822 | 2,856,766 | 2,119,623 |
misc current assets | 7,007,103 | 3,030,867 | 3,021,802 | 1,010,155 | 0 | 6,056,115 | 6,073,033 | 5,030,351 | 3,004,553 | 1,618,572 | 1,590,752 | 2,619,744 | 4,436,492 | 2,996,526 |
total current assets | 30,570,900 | 32,113,530 | 31,854,828 | 24,723,808 | 24,244,995 | 23,990,702 | 26,835,738 | 23,390,366 | 20,543,525 | 16,436,290 | 13,483,922 | 11,669,005 | 14,075,949 | 11,556,865 |
total assets | 52,963,371 | 51,889,921 | 48,555,208 | 42,066,515 | 42,198,378 | 40,682,308 | 46,809,845 | 43,570,115 | 40,538,197 | 35,362,838 | 34,214,593 | 33,033,269 | 33,980,146 | 25,979,006 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 628,805 | 695,173 | 460,585 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,079,248 | 2,341,961 | 1,697,701 | 707,761 | 2,525,779 | 2,682,352 | 2,519,661 | 3,171,574 | 4,528,615 | 3,291,859 | 3,022,386 | 2,375,849 | 3,330,326 | 1,726,366 |
Group/Directors Accounts | 8,476,987 | 7,182,263 | 7,385,318 | 6,830,814 | 5,953,368 | 4,950,098 | 6,586,814 | 6,301,508 | 5,818,492 | 5,454,890 | 4,573,613 | 4,535,457 | 4,509,062 | 2,377,506 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149,585 | 575,862 | 1,050,288 | 342,859 | 616,310 | 734,860 | 0 |
other current liabilities | 1,611,704 | 1,908,021 | 2,552,172 | 1,186,071 | 2,455,951 | 2,050,756 | 1,993,029 | 2,606,829 | 3,404,771 | 2,314,809 | 2,091,720 | 1,483,290 | 1,991,633 | 1,350,909 |
total current liabilities | 12,167,939 | 11,432,245 | 11,635,191 | 8,724,646 | 10,935,098 | 9,683,206 | 11,099,504 | 12,229,496 | 14,327,740 | 12,111,846 | 10,030,578 | 9,639,711 | 11,261,054 | 5,915,366 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,454 | 634,364 | 900,001 | 1,268,128 | 1,495,421 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 3,428,706 | 2,943,087 | 1,611,113 | 1,488,155 | 1,208,312 | 1,135,003 | 1,215,023 | 1,258,852 | 1,236,899 | 1,108,971 | 1,155,851 | 895,959 | 877,745 | 575,601 |
total long term liabilities | 3,428,706 | 2,943,087 | 1,611,113 | 1,488,155 | 1,208,312 | 1,135,003 | 1,215,023 | 1,258,852 | 1,250,353 | 1,743,335 | 2,055,852 | 2,164,087 | 2,373,166 | 575,601 |
total liabilities | 15,596,645 | 14,375,332 | 13,246,304 | 10,212,801 | 12,143,410 | 10,818,209 | 12,314,527 | 13,488,348 | 15,578,093 | 13,855,181 | 12,086,430 | 11,803,798 | 13,634,220 | 6,490,967 |
net assets | 37,366,726 | 37,514,589 | 35,308,904 | 31,853,714 | 30,054,968 | 29,864,099 | 34,495,318 | 30,081,767 | 24,960,104 | 21,507,657 | 22,128,163 | 21,229,471 | 20,345,926 | 19,488,039 |
total shareholders funds | 37,366,726 | 37,514,589 | 35,308,904 | 31,853,714 | 30,054,968 | 29,864,099 | 34,495,318 | 30,081,767 | 24,960,104 | 21,507,657 | 22,128,163 | 21,229,471 | 20,345,926 | 19,488,039 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 2,595,409 | 3,714,709 | 4,586,825 | 2,647,317 | 4,143,370 | 7,620,865 | 5,574,413 | 6,676,230 | 4,624,658 | -35,460 | 1,561,091 | 1,057,232 | 1,224,146 | 227,561 |
Depreciation | 1,952,361 | 1,930,227 | 1,806,225 | 2,017,279 | 2,032,631 | 1,902,216 | 2,010,211 | 2,130,516 | 1,750,265 | 1,750,281 | 1,511,712 | 1,416,704 | 944,993 | 966,325 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -485,619 | -1,186,930 | -822,668 | -606,690 | -756,182 | -658,231 | -950,036 | -1,182,892 | -959,215 | -388,845 | -513,357 | -22,873 | -252,581 | 34,000 |
Stock | 753,438 | 556,223 | -570,266 | 75,010 | -201,299 | 466,741 | -155,665 | 157,739 | 260,448 | -80,047 | 15,875 | 185,286 | 117,333 | 1,087,780 |
Debtors | -122,219 | 561,402 | 1,951,964 | -2,492,909 | 1,149,226 | -2,284,597 | 4,060,702 | 94,882 | 998,742 | 396,982 | 1,242,511 | -508,538 | 224,642 | 5,352,936 |
Creditors | -262,713 | 644,260 | 989,940 | -1,818,018 | -156,573 | 162,691 | -651,913 | -1,357,041 | 1,236,756 | 269,473 | 646,537 | -954,477 | 1,603,960 | 1,726,366 |
Accruals and Deferred Income | -296,317 | -644,151 | 1,366,101 | -1,269,880 | 405,195 | 57,727 | -613,800 | -797,942 | 1,089,962 | 223,089 | 608,430 | -508,343 | 640,724 | 1,350,909 |
Deferred Taxes & Provisions | 485,619 | 1,331,974 | 122,958 | 279,843 | 73,309 | -80,020 | -43,829 | 21,953 | 127,928 | -46,880 | 259,892 | 18,214 | 302,144 | 575,601 |
Cash flow from operations | 3,357,521 | 4,672,464 | 6,667,683 | 3,667,750 | 4,793,823 | 10,823,104 | 1,420,009 | 5,238,203 | 6,611,164 | 1,454,723 | 2,815,919 | 1,329,709 | 4,121,411 | -1,559,954 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | -1,513,598 | 0 | 0 | 50 | 0 | 0 | 0 | 0 | 1,513,698 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,294,724 | -203,055 | 554,504 | 877,446 | 1,003,270 | -1,636,716 | 285,306 | 483,016 | 363,602 | 881,277 | 38,156 | 26,395 | 2,131,556 | 2,377,506 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | -149,585 | -439,731 | -1,095,336 | 441,792 | -641,578 | -345,843 | 2,230,281 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -257,653 | -322,094 | -308,967 | -241,881 | -196,319 | -175,034 | -220,193 | -253,817 | -212,996 | -196,201 | -149,042 | -150,814 | -113,678 | 32,935 |
cash flow from financing | 1,037,071 | -525,149 | 245,537 | 635,565 | 806,951 | -1,703,259 | -75,105 | -328,390 | -944,730 | 1,126,868 | -752,464 | -470,262 | 4,248,159 | 21,603,984 |
cash and cash equivalents | ||||||||||||||
cash | -6,150,085 | -867,988 | 3,737,675 | 5,914,915 | 1,334,123 | -1,010,262 | -1,502,347 | 568,422 | 1,462,064 | 2,607,613 | 1,585,523 | -266,944 | 737,143 | 2,119,623 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -628,805 | -66,368 | 234,588 | 460,585 |
change in cash | -6,150,085 | -867,988 | 3,737,675 | 5,914,915 | 1,334,123 | -1,010,262 | -1,502,347 | 568,422 | 1,462,064 | 2,607,613 | 2,214,328 | -200,576 | 502,555 | 1,659,038 |
e.and j.w.glendinning limited Credit Report and Business Information
E.and J.w.glendinning Limited Competitor Analysis
Perform a competitor analysis for e.and j.w.glendinning limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other large companies, companies in TQ13 area or any other competitors across 12 key performance metrics.
e.and j.w.glendinning limited Ownership
E.AND J.W.GLENDINNING LIMITED group structure
E.And J.W.Glendinning Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
E.AND J.W.GLENDINNING LIMITED
00614968
2 subsidiaries
e.and j.w.glendinning limited directors
E.And J.W.Glendinning Limited currently has 6 directors. The longest serving directors include Mr Ian Glendinning (Aug 1992) and Mr Ian Ashford (Aug 1992).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ian Glendinning | 77 years | Aug 1992 | - | Director | |
Mr Ian Ashford | 76 years | Aug 1992 | - | Director | |
Mr Clifford Glendinning | 65 years | Aug 1992 | - | Director | |
Mr William Beattie | United Kingdom | 68 years | Dec 1992 | - | Director |
Mr Barry Glendinning | 61 years | Jan 2008 | - | Director | |
Mr Barry Wilson | 58 years | May 2008 | - | Director |
P&L
April 2023turnover
30.5m
+2%
operating profit
2.6m
-30%
gross margin
21.8%
-20.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
37.4m
0%
total assets
53m
+0.02%
cash
10.3m
-0.37%
net assets
Total assets minus all liabilities
e.and j.w.glendinning limited company details
company number
00614968
Type
Private limited with Share Capital
industry
08110 - Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
incorporation date
November 1958
age
66
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
PKF FRANCIS CLARK
address
glentor, ashburton, newton abbot, devon, TQ13 7LF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
e.and j.w.glendinning limited 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 found 7 charges/mortgages relating to e.and j.w.glendinning limited. Currently there are 2 open charges and 5 have been satisfied in the past.
e.and j.w.glendinning limited Companies House Filings - See Documents
date | description | view/download |
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