glen dimplex uk limited
glen dimplex uk limited Company Information
Company Number
01313016
Website
www.gdcgroup.co.ukRegistered Address
millbrook house, grange drive, hedge end, southampton, hampshire, SO30 2DF
Industry
Manufacture of electric domestic appliances
Telephone
03448793587
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
glen electric ltd 50%
mr martin naughton 50%
glen dimplex uk limited Estimated Valuation
Pomanda estimates the enterprise value of GLEN DIMPLEX UK LIMITED at £176.8m based on a Turnover of £162.4m and 1.09x industry multiple (adjusted for size and gross margin).
glen dimplex uk limited Estimated Valuation
Pomanda estimates the enterprise value of GLEN DIMPLEX UK LIMITED at £61.7m based on an EBITDA of £7.1m and a 8.69x industry multiple (adjusted for size and gross margin).
glen dimplex uk limited Estimated Valuation
Pomanda estimates the enterprise value of GLEN DIMPLEX UK LIMITED at £174.1m based on Net Assets of £77.1m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glen Dimplex Uk Limited Overview
Glen Dimplex Uk Limited is a live company located in southampton, SO30 2DF with a Companies House number of 01313016. It operates in the manufacture of electric domestic appliances sector, SIC Code 27510. Founded in May 1977, it's largest shareholder is glen electric ltd with a 50% stake. Glen Dimplex Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £162.4m with low growth in recent years.
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Glen Dimplex Uk Limited Health Check
Pomanda's financial health check has awarded Glen Dimplex Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £162.4m, make it larger than the average company (£35.7m)
£162.4m - Glen Dimplex Uk Limited
£35.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2.8%)
2% - Glen Dimplex Uk Limited
2.8% - Industry AVG
Production
with a gross margin of 20.4%, this company has a higher cost of product (28.1%)
20.4% - Glen Dimplex Uk Limited
28.1% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.1%)
2.1% - Glen Dimplex Uk Limited
5.1% - Industry AVG
Employees
with 710 employees, this is above the industry average (112)
710 - Glen Dimplex Uk Limited
112 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.6k)
£45.1k - Glen Dimplex Uk Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £228.8k, this is equally as efficient (£248.6k)
£228.8k - Glen Dimplex Uk Limited
£248.6k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (50 days)
53 days - Glen Dimplex Uk Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (54 days)
24 days - Glen Dimplex Uk Limited
54 days - Industry AVG
Stock Days
it holds stock equivalent to 114 days, this is in line with average (96 days)
114 days - Glen Dimplex Uk Limited
96 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (3 weeks)
0 weeks - Glen Dimplex Uk Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.6%, this is a lower level of debt than the average (62.6%)
47.6% - Glen Dimplex Uk Limited
62.6% - Industry AVG
GLEN DIMPLEX UK LIMITED financials
Glen Dimplex Uk Limited's latest turnover from September 2022 is £162.4 million and the company has net assets of £77.1 million. According to their latest financial statements, Glen Dimplex Uk Limited has 710 employees and maintains cash reserves of £144 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 162,425,000 | 165,629,000 | 123,103,000 | 150,964,000 | 176,158,000 | 110,762,000 | 106,020,000 | 97,872,000 | 105,401,000 | 92,906,000 | 102,733,000 | 84,798,000 | 76,721,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 129,342,000 | 130,341,000 | 94,459,000 | 110,940,000 | 121,528,000 | 69,837,000 | 67,561,000 | 64,996,000 | 71,093,000 | 68,282,000 | 81,274,000 | 66,520,000 | 58,309,000 |
| Gross Profit | 33,083,000 | 35,288,000 | 28,644,000 | 40,024,000 | 54,630,000 | 40,925,000 | 38,459,000 | 32,876,000 | 34,308,000 | 24,624,000 | 21,459,000 | 18,278,000 | 18,412,000 |
| Admin Expenses | 15,519,000 | ||||||||||||
| Operating Profit | 2,893,000 | ||||||||||||
| Interest Payable | 0 | 0 | 2,721,000 | 1,620,000 | 2,540,000 | 199,000 | 819,000 | 951,000 | 2,215,000 | 2,156,000 | 2,337,000 | 2,418,000 | 2,246,000 |
| Interest Receivable | 0 | 0 | 1,032,000 | 2,754,000 | 2,262,000 | 491,000 | 910,000 | 1,083,000 | 2,040,000 | 1,259,000 | 1,584,000 | 1,448,000 | 1,196,000 |
| Pre-Tax Profit | 3,282,000 | -1,210,000 | -5,317,000 | 5,598,000 | 7,538,000 | 16,056,000 | 7,594,000 | 10,988,000 | 12,305,000 | 2,583,000 | -931,000 | 399,000 | 1,843,000 |
| Tax | -358,000 | 436,000 | 1,395,000 | -618,000 | -1,061,000 | -1,912,000 | -2,053,000 | -2,232,000 | -3,555,000 | -726,000 | -532,000 | -1,209,000 | 224,000 |
| Profit After Tax | 2,924,000 | -774,000 | -3,922,000 | 4,980,000 | 6,477,000 | 14,144,000 | 5,541,000 | 8,756,000 | 8,750,000 | 1,857,000 | -1,463,000 | -810,000 | 2,067,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,924,000 | -774,000 | -3,922,000 | 4,980,000 | 6,477,000 | 14,144,000 | 5,541,000 | 8,756,000 | 8,750,000 | 1,857,000 | -1,463,000 | -810,000 | 2,067,000 |
| Employee Costs | 31,999,000 | 29,076,000 | 31,347,000 | 28,782,000 | 38,891,000 | 20,312,000 | 20,311,000 | 19,640,000 | 14,316,000 | 6,547,000 | 7,240,000 | 5,978,000 | 5,616,000 |
| Number Of Employees | 710 | 705 | 703 | 620 | 680 | 639 | 622 | 647 | 481 | 241 | 282 | 237 | 198 |
| EBITDA* | 3,624,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,103,000 | 24,484,000 | 26,726,000 | 27,178,000 | 28,550,000 | 23,133,000 | 19,527,000 | 20,641,000 | 22,332,000 | 12,034,000 | 12,265,000 | 12,756,000 | 12,883,000 |
| Intangible Assets | 260,000 | 369,000 | 526,000 | 412,000 | 566,000 | 666,000 | 799,000 | 932,000 | 1,175,000 | 1,242,000 | 1,309,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 1,000,000 | 2,210,000 | 2,210,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,363,000 | 24,853,000 | 27,252,000 | 27,590,000 | 29,116,000 | 23,799,000 | 20,326,000 | 21,573,000 | 23,507,000 | 14,276,000 | 14,574,000 | 14,966,000 | 15,093,000 |
| Stock & work in progress | 40,497,000 | 34,132,000 | 31,004,000 | 42,739,000 | 31,571,000 | 18,544,000 | 19,153,000 | 20,918,000 | 20,564,000 | 15,438,000 | 17,893,000 | 13,609,000 | 11,011,000 |
| Trade Debtors | 23,728,000 | 27,159,000 | 22,571,000 | 28,878,000 | 26,765,000 | 18,986,000 | 14,928,000 | 18,948,000 | 15,123,000 | 16,565,000 | 15,462,000 | 12,551,000 | 13,019,000 |
| Group Debtors | 46,899,000 | 52,522,000 | 44,465,000 | 109,921,000 | 99,900,000 | 105,355,000 | 92,675,000 | 89,499,000 | 0 | 0 | 0 | 0 | 222,000 |
| Misc Debtors | 6,369,000 | 6,000,000 | 6,178,000 | 7,314,000 | 8,527,000 | 10,831,000 | 9,208,000 | 10,580,000 | 4,058,000 | 1,027,000 | 1,209,000 | 773,000 | 123,000 |
| Cash | 144,000 | 18,432,000 | 20,991,000 | 39,904,000 | 55,923,000 | 113,800,000 | 105,759,000 | 98,934,000 | 113,244,000 | 5,280,000 | 4,942,000 | 8,653,000 | 5,925,000 |
| misc current assets | 5,973,000 | 0 | 0 | 1,412,000 | 603,000 | 456,000 | 710,000 | 255,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 123,610,000 | 138,245,000 | 125,209,000 | 230,168,000 | 223,289,000 | 267,972,000 | 242,433,000 | 239,134,000 | 152,989,000 | 38,310,000 | 39,506,000 | 35,586,000 | 30,300,000 |
| total assets | 146,973,000 | 163,098,000 | 152,461,000 | 257,758,000 | 252,405,000 | 291,771,000 | 262,759,000 | 260,707,000 | 176,496,000 | 52,586,000 | 54,080,000 | 50,552,000 | 45,393,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,604,000 | 2,452,000 |
| Trade Creditors | 8,791,000 | 10,919,000 | 3,997,000 | 10,782,000 | 7,147,000 | 6,264,000 | 5,617,000 | 5,047,000 | 4,481,000 | 1,517,000 | 3,165,000 | 2,757,000 | 1,503,000 |
| Group/Directors Accounts | 29,746,000 | 42,779,000 | 36,647,000 | 129,850,000 | 136,401,000 | 180,124,000 | 164,288,000 | 167,464,000 | 88,398,000 | 7,900,000 | 7,283,000 | 2,271,000 | 0 |
| other short term finances | 0 | 42,000 | 0 | 0 | 0 | 0 | 0 | 815,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 212,000 | 191,000 | 222,000 | 280,000 | 460,000 | 409,000 | 308,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 22,406,000 | 23,693,000 | 21,023,000 | 18,827,000 | 14,731,000 | 13,365,000 | 12,520,000 | 10,854,000 | 19,470,000 | 8,747,000 | 10,420,000 | 10,035,000 | 7,732,000 |
| total current liabilities | 61,155,000 | 77,624,000 | 61,889,000 | 159,739,000 | 158,739,000 | 200,162,000 | 182,733,000 | 184,180,000 | 112,349,000 | 18,164,000 | 20,868,000 | 17,667,000 | 11,687,000 |
| loans | 0 | 0 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 635,000 | 288,000 | 442,000 | 659,000 | 799,000 | 709,000 | 493,000 | 504,000 | 593,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 58,000 | 67,000 | 0 | 0 | 0 | 0 | 296,000 | 410,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,507,000 | 3,507,000 | 3,549,000 | 3,777,000 | 3,532,000 | 2,461,000 | 2,461,000 | 2,461,000 | 2,461,000 | 2,017,000 | 2,106,000 | 139,000 | 95,000 |
| total long term liabilities | 8,753,000 | 11,610,000 | 20,786,000 | 23,853,000 | 18,276,000 | 25,450,000 | 22,466,000 | 28,516,000 | 20,040,000 | 19,312,000 | 17,807,000 | 11,168,000 | 15,008,000 |
| total liabilities | 69,908,000 | 89,234,000 | 82,675,000 | 183,592,000 | 177,015,000 | 225,612,000 | 205,199,000 | 212,696,000 | 132,389,000 | 37,476,000 | 38,675,000 | 28,835,000 | 26,695,000 |
| net assets | 77,065,000 | 73,864,000 | 69,786,000 | 74,166,000 | 75,390,000 | 66,159,000 | 57,560,000 | 48,011,000 | 44,107,000 | 15,110,000 | 15,405,000 | 21,717,000 | 18,698,000 |
| total shareholders funds | 77,065,000 | 73,864,000 | 69,786,000 | 74,166,000 | 75,390,000 | 66,159,000 | 57,560,000 | 48,011,000 | 44,107,000 | 15,110,000 | 15,405,000 | 21,717,000 | 18,698,000 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,893,000 | ||||||||||||
| Depreciation | 3,554,000 | 4,101,000 | 3,804,000 | 3,339,000 | 4,030,000 | 2,203,000 | 2,233,000 | 2,289,000 | 1,573,000 | 798,000 | 997,000 | 784,000 | 731,000 |
| Amortisation | 145,000 | 14,000 | 179,000 | 37,000 | -101,000 | -181,000 | -114,000 | -173,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | -358,000 | 436,000 | 1,395,000 | -618,000 | -1,061,000 | -1,912,000 | -2,053,000 | -2,232,000 | -3,555,000 | -726,000 | -532,000 | -1,209,000 | 224,000 |
| Stock | 6,365,000 | 3,128,000 | -11,735,000 | 11,168,000 | 13,027,000 | -609,000 | -1,765,000 | 354,000 | 5,126,000 | -2,455,000 | 4,284,000 | 2,598,000 | 11,011,000 |
| Debtors | -8,685,000 | 12,467,000 | -72,899,000 | 10,921,000 | 20,000 | 18,361,000 | -2,216,000 | 99,846,000 | 1,589,000 | 921,000 | 3,347,000 | -40,000 | 13,364,000 |
| Creditors | -2,128,000 | 6,922,000 | -6,785,000 | 3,635,000 | 883,000 | 647,000 | 570,000 | 566,000 | 2,964,000 | -1,648,000 | 408,000 | 1,254,000 | 1,503,000 |
| Accruals and Deferred Income | -1,296,000 | 2,737,000 | 2,196,000 | 4,096,000 | 1,366,000 | 549,000 | 1,552,000 | -8,206,000 | 10,723,000 | -1,673,000 | 385,000 | 2,303,000 | 7,732,000 |
| Deferred Taxes & Provisions | 0 | -42,000 | -228,000 | 245,000 | 1,071,000 | 0 | 0 | 0 | 444,000 | -89,000 | 1,967,000 | 44,000 | 95,000 |
| Cash flow from operations | -11,197,000 | ||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000,000 | 0 | -1,210,000 | 0 | 2,210,000 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,604,000 | 152,000 | 2,452,000 |
| Group/Directors Accounts | -13,033,000 | 6,132,000 | -93,203,000 | -6,551,000 | -43,723,000 | 15,836,000 | -3,176,000 | 79,066,000 | 80,498,000 | 617,000 | 5,012,000 | 2,271,000 | 0 |
| Other Short Term Loans | -42,000 | 42,000 | 0 | 0 | 0 | 0 | -815,000 | 815,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -37,000 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 368,000 | -185,000 | -275,000 | -320,000 | 141,000 | 317,000 | 297,000 | -89,000 | 593,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | -1,689,000 | 1,134,000 | -278,000 | 292,000 | 91,000 | 132,000 | -175,000 | -897,000 | -753,000 | -970,000 | -1,050,000 |
| cash flow from financing | -12,430,000 | 10,804,000 | -95,588,000 | -11,941,000 | -41,106,000 | 10,900,000 | 405,000 | 75,072,000 | 101,163,000 | -2,432,000 | -3,194,000 | 5,282,000 | 18,033,000 |
| cash and cash equivalents | |||||||||||||
| cash | -18,288,000 | -2,559,000 | -18,913,000 | -16,019,000 | -57,877,000 | 8,041,000 | 6,825,000 | -14,310,000 | 107,964,000 | 338,000 | -3,711,000 | 2,728,000 | 5,925,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -18,288,000 | -2,559,000 | -18,913,000 | -16,019,000 | -57,877,000 | 8,041,000 | 6,825,000 | -14,310,000 | 107,964,000 | 338,000 | -3,711,000 | 2,728,000 | 5,925,000 |
glen dimplex uk limited Credit Report and Business Information
Glen Dimplex Uk Limited Competitor Analysis
Perform a competitor analysis for glen dimplex uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glen dimplex uk limited Ownership
GLEN DIMPLEX UK LIMITED group structure
Glen Dimplex Uk Limited has no subsidiary companies.
Ultimate parent company
KILKEE INVESTMENTS UNLIMITED
#0133173
2 parents
GLEN DIMPLEX UK LIMITED
01313016
glen dimplex uk limited directors
Glen Dimplex Uk Limited currently has 7 directors. The longest serving directors include Mr Martin Naughton (Dec 1992) and Mr Neil Stewart (Jul 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Naughton | Ireland | 85 years | Dec 1992 | - | Director |
| Mr Neil Stewart | 59 years | Jul 2001 | - | Director | |
| Mr Fergal Naughton | 48 years | Jan 2017 | - | Director | |
| Mr Fergal Leamy | 46 years | Aug 2021 | - | Director | |
| Mr Fergal Leamy | 46 years | Aug 2021 | - | Director | |
| Ms Yvonne Burke | England | 46 years | Oct 2021 | - | Director |
| Ms Yvonne Burke | Ireland | 46 years | Oct 2021 | - | Director |
P&L
September 2022turnover
162.4m
-2%
operating profit
3.4m
0%
gross margin
20.4%
-4.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
77.1m
+0.04%
total assets
147m
-0.1%
cash
144k
-0.99%
net assets
Total assets minus all liabilities
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glen dimplex uk limited company details
company number
01313016
Type
Private limited with Share Capital
industry
27510 - Manufacture of electric domestic appliances
incorporation date
May 1977
age
47
accounts
Full Accounts
ultimate parent company
previous names
gdc group limited (August 2019)
dimplex uk limited (April 2009)
See moreincorporated
UK
address
millbrook house, grange drive, hedge end, southampton, hampshire, SO30 2DF
last accounts submitted
September 2022
glen dimplex uk 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 did not find charges/mortgages relating to glen dimplex uk limited.
glen dimplex uk limited Companies House Filings - See Documents
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