griffin glasshouses limited

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griffin glasshouses limited Company Information

Share GRIFFIN GLASSHOUSES LIMITED

Company Number

01786962

Shareholders

woodpecker joinery (uk) limited

Group Structure

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Industry

Manufacture of metal structures and parts of structures

 

Registered Address

olympic house, bramshall industrial estate, uttoxeter, ST14 8TD

griffin glasshouses limited Estimated Valuation

£489.4k

Pomanda estimates the enterprise value of GRIFFIN GLASSHOUSES LIMITED at £489.4k based on a Turnover of £971k and 0.5x industry multiple (adjusted for size and gross margin).

griffin glasshouses limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of GRIFFIN GLASSHOUSES LIMITED at £1.6m based on an EBITDA of £411.7k and a 3.87x industry multiple (adjusted for size and gross margin).

griffin glasshouses limited Estimated Valuation

£893.3k

Pomanda estimates the enterprise value of GRIFFIN GLASSHOUSES LIMITED at £893.3k based on Net Assets of £443.1k and 2.02x industry multiple (adjusted for liquidity).

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Griffin Glasshouses Limited Overview

Griffin Glasshouses Limited is a live company located in uttoxeter, ST14 8TD with a Companies House number of 01786962. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in January 1984, it's largest shareholder is woodpecker joinery (uk) limited with a 100% stake. Griffin Glasshouses Limited is a mature, small sized company, Pomanda has estimated its turnover at £971k with healthy growth in recent years.

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Griffin Glasshouses Limited Health Check

Pomanda's financial health check has awarded Griffin Glasshouses Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £971k, make it smaller than the average company (£13.8m)

£971k - Griffin Glasshouses Limited

£13.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (13%)

7% - Griffin Glasshouses Limited

13% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)

26.7% - Griffin Glasshouses Limited

26.7% - Industry AVG

profitability

Profitability

an operating margin of 40% make it more profitable than the average company (5.4%)

40% - Griffin Glasshouses Limited

5.4% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (79)

15 - Griffin Glasshouses Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.2k, the company has an equivalent pay structure (£44.2k)

£44.2k - Griffin Glasshouses Limited

£44.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64.7k, this is less efficient (£171.3k)

£64.7k - Griffin Glasshouses Limited

£171.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (60 days)

13 days - Griffin Glasshouses Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (50 days)

29 days - Griffin Glasshouses Limited

50 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 79 days, this is more than average (38 days)

79 days - Griffin Glasshouses Limited

38 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (14 weeks)

72 weeks - Griffin Glasshouses Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.4%, this is a similar level of debt than the average (51.2%)

52.4% - Griffin Glasshouses Limited

51.2% - Industry AVG

GRIFFIN GLASSHOUSES LIMITED financials

EXPORTms excel logo

Griffin Glasshouses Limited's latest turnover from May 2024 is estimated at £971 thousand and the company has net assets of £443.1 thousand. According to their latest financial statements, Griffin Glasshouses Limited has 15 employees and maintains cash reserves of £654.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover971,015982,645942,337781,815685,283704,699660,398693,989643,586365,332213,916215,033193,857324,687270,358
Other Income Or Grants
Cost Of Sales711,866746,320723,757602,543519,725521,980486,681502,301463,844265,934159,231159,232143,402238,484195,238
Gross Profit259,149236,325218,581179,272165,558182,719173,718191,688179,74299,39854,68655,80150,45686,20375,120
Admin Expenses-129,046170,759316,95174,35389,028245,18498,591196,217178,99885,87648,91155,78537,01865,71491,795
Operating Profit388,19565,566-98,370104,91976,530-62,46575,127-4,52974413,5225,7751613,43820,489-16,675
Interest Payable1,2201,220
Interest Receivable27,37615,3373,27026211584152812729518513575852
Pre-Tax Profit415,57180,903-95,100103,96275,425-61,62475,656-4,4021,03913,7085,7877313,49620,493-16,673
Tax-103,893-20,226-19,753-14,331-14,375-208-2,741-1,215-17-3,239-5,328
Profit After Tax311,67860,677-95,10084,20961,094-61,62461,281-4,40283110,9664,5725610,25715,165-16,673
Dividends Paid
Retained Profit311,67860,677-95,10084,20961,094-61,62461,281-4,40283110,9664,5725610,25715,165-16,673
Employee Costs662,928623,261579,525545,444562,577553,544527,236594,812525,184100,65564,31463,57563,17792,01790,849
Number Of Employees151515151515151716322233
EBITDA*411,74397,204-65,387132,63394,224-39,40296,86612,02825,68526,45110,5066,41121,63827,806-6,656

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets72,50994,031125,085108,18053,21167,91990,98184,10689,07699,13339,50817,70723,54320,32926,862
Intangible Assets254
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets72,76394,031125,085108,18053,21167,91990,98184,10689,07699,13339,50817,70723,54320,32926,862
Stock & work in progress155,946132,416113,111117,11873,10768,52554,40241,03437,25223,95742,58238,52025,83533,50929,036
Trade Debtors37,14413,23471,08623,24633,8429,7494,78622,44413,33728,54518,79320,33914,99245,41420,651
Group Debtors
Misc Debtors9,85928,34736,07060,4249,24115,12416,10512,06214,495
Cash654,874388,024293,623360,328164,25066,128158,18353,10448,36269,6284,43467622,0021,218665
misc current assets
total current assets857,823562,021513,890561,116280,440159,526233,476128,644113,446122,13065,80959,53562,82980,14150,352
total assets930,586656,052638,975669,296333,651227,445324,457212,750202,522221,263105,31777,24286,372100,47077,214
Bank overdraft
Bank loan40,000
Trade Creditors 57,632134,04284,69589,91811,51566,29260,93649,27458,432158,31463,06761,35669,178101,87893,787
Group/Directors Accounts
other short term finances
hp & lease commitments6,46414,81514,81514,81510,85010,76010,89020,309
other current liabilities405,277348,591434,136362,611190,404118,229144,292105,61475,341
total current liabilities469,373497,448533,646467,344241,919195,371215,988165,778154,082158,31463,06761,35669,178101,87893,787
loans
hp & lease commitments9,33022,72636,12110,85011,8035,352
Accruals and Deferred Income
other liabilities19,08822,1695,7228,345
provisions18,12717,86611,87210,11011,54615,46714,29817,81519,4196,6041,259
total long term liabilities18,12727,19634,59836,12110,11011,54626,31726,10123,16738,50728,7736,9818,345
total liabilities487,500524,644568,244503,465252,029206,917242,305191,879177,249196,82191,84068,33777,523101,87893,787
net assets443,086131,40870,731165,83181,62220,52882,15220,87125,27324,44213,4778,9058,849-1,408-16,573
total shareholders funds443,086131,40870,731165,83181,62220,52882,15220,87125,27324,44213,4778,9058,849-1,408-16,573
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit388,19565,566-98,370104,91976,530-62,46575,127-4,52974413,5225,7751613,43820,489-16,675
Depreciation23,53231,63832,98327,71417,69423,06321,73916,55724,94112,9294,7316,3958,2007,31710,019
Amortisation16
Tax-103,893-20,226-19,753-14,331-14,375-208-2,741-1,215-17-3,239-5,328
Stock23,53019,305-4,00744,0114,58214,12313,3683,78213,295-18,6254,06212,685-7,6744,47329,036
Debtors5,422-65,57523,48640,58718,2103,982-13,6156,674-7139,752-1,5465,347-30,42224,76320,651
Creditors-76,41049,347-5,22378,403-54,7775,35611,662-9,158-99,88295,2471,711-7,822-32,7008,09193,787
Accruals and Deferred Income56,686-85,54571,525172,20772,175-26,06338,67830,27375,341
Deferred Taxes & Provisions2615,99411,872-10,110-1,436-3,9211,169-3,517-1,60412,8155,3451,259
Cash flow from operations259,43593,044-6,692268,78273,063-82,135134,24719,170-13,250140,64513,831-18,20123,7951,33337,444
Investing Activities
capital expenditure-2,280-584-49,888-82,683-2,986-1-28,614-11,587-14,884-72,554-26,532-559-11,414-784-36,881
Change in Investments
cash flow from investments-2,280-584-49,888-82,683-2,986-1-28,614-11,587-14,884-72,554-26,532-559-11,414-784-36,881
Financing Activities
Bank loans-40,00040,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-17,681-13,396-13,39550,936-10,850-10,760-1,083-2,96825,661
other long term liabilities-19,088-3,08116,447-2,6238,345
share issue-1100
interest27,37615,3373,270-958-1,10584152812729518513575852
cash flow from financing9,6951,941-10,1259,97828,045-9,919-555-2,8416,868-2,89716,460-2,5668,4035102
cash and cash equivalents
cash266,85094,401-66,705196,07898,122-92,055105,0794,742-21,26665,1943,758-21,32620,784553665
overdraft
change in cash266,85094,401-66,705196,07898,122-92,055105,0794,742-21,26665,1943,758-21,32620,784553665

griffin glasshouses limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Griffin Glasshouses Limited Competitor Analysis

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Perform a competitor analysis for griffin glasshouses limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ST14 area or any other competitors across 12 key performance metrics.

griffin glasshouses limited Ownership

GRIFFIN GLASSHOUSES LIMITED group structure

Griffin Glasshouses Limited has no subsidiary companies.

Ultimate parent company

GRIFFIN GLASSHOUSES LIMITED

01786962

GRIFFIN GLASSHOUSES LIMITED Shareholders

woodpecker joinery (uk) limited 100%

griffin glasshouses limited directors

Griffin Glasshouses Limited currently has 2 directors. The longest serving directors include Mr Christopher Waltho (Jul 2024) and Ms Louise Beech (Jul 2024).

officercountryagestartendrole
Mr Christopher WalthoEngland53 years Jul 2024- Director
Ms Louise BeechEngland51 years Jul 2024- Director

P&L

May 2024

turnover

971k

-1%

operating profit

388.2k

0%

gross margin

26.7%

+10.97%

turnover

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

Balance Sheet

May 2024

net assets

443.1k

+2.37%

total assets

930.6k

+0.42%

cash

654.9k

+0.69%

net assets

Total assets minus all liabilities

griffin glasshouses limited company details

company number

01786962

Type

Private limited with Share Capital

industry

25110 - Manufacture of metal structures and parts of structures

incorporation date

January 1984

age

41

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

olympic house, bramshall industrial estate, uttoxeter, ST14 8TD

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

griffin glasshouses 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 1 charges/mortgages relating to griffin glasshouses limited. Currently there are 0 open charges and 1 have been satisfied in the past.

griffin glasshouses limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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griffin glasshouses limited Companies House Filings - See Documents

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