glamox limited
glamox limited Company Information
Company Number
02024289
Next Accounts
Sep 2025
Shareholders
glamox as
Group Structure
View All
Industry
Manufacture of electric lighting equipment
Registered Address
17 priestley road, basingstoke, hampshire, RG24 9JP
Website
www.luxonic.co.ukglamox limited Estimated Valuation
Pomanda estimates the enterprise value of GLAMOX LIMITED at £13.4m based on a Turnover of £23.1m and 0.58x industry multiple (adjusted for size and gross margin).
glamox limited Estimated Valuation
Pomanda estimates the enterprise value of GLAMOX LIMITED at £0 based on an EBITDA of £-840.6k and a 4.1x industry multiple (adjusted for size and gross margin).
glamox limited Estimated Valuation
Pomanda estimates the enterprise value of GLAMOX LIMITED at £17.3m based on Net Assets of £9.6m and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glamox Limited Overview
Glamox Limited is a live company located in hampshire, RG24 9JP with a Companies House number of 02024289. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in May 1986, it's largest shareholder is glamox as with a 100% stake. Glamox Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.1m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Glamox Limited Health Check
Pomanda's financial health check has awarded Glamox Limited a 4 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 £23.1m, make it larger than the average company (£12.1m)
£23.1m - Glamox Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.6%)
6% - Glamox Limited
4.6% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (35.1%)
17.1% - Glamox Limited
35.1% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (6.9%)
-4.7% - Glamox Limited
6.9% - Industry AVG
Employees
with 116 employees, this is above the industry average (56)
116 - Glamox Limited
56 - Industry AVG
Pay Structure
on an average salary of £60.6k, the company has a higher pay structure (£47.5k)
£60.6k - Glamox Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £199.1k, this is equally as efficient (£187.3k)
£199.1k - Glamox Limited
£187.3k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (54 days)
28 days - Glamox Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (30 days)
24 days - Glamox Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 52 days, this is less than average (105 days)
52 days - Glamox Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Glamox Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.4%, this is a lower level of debt than the average (48.6%)
35.4% - Glamox Limited
48.6% - Industry AVG
GLAMOX LIMITED financials
Glamox Limited's latest turnover from December 2023 is £23.1 million and the company has net assets of £9.6 million. According to their latest financial statements, Glamox Limited has 116 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,091,541 | 20,313,283 | 20,380,025 | 19,263,847 | 17,211,824 | 16,737,681 | 17,608,196 | 28,839,071 | 14,893,591 | 10,526,026 | 9,855,016 | 10,611,756 | 10,430,287 | 9,961,937 | 8,336,915 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 19,154,053 | 17,652,525 | 18,764,996 | 16,001,067 | 11,703,561 | 11,596,762 | 12,347,384 | 19,227,712 | 9,223,135 | 6,774,246 | 6,445,323 | 7,246,528 | 7,026,409 | 6,581,327 | 5,482,913 |
| Gross Profit | 3,937,488 | 2,660,758 | 1,615,029 | 3,262,780 | 5,508,263 | 5,140,919 | 5,260,812 | 9,611,359 | 5,670,456 | 3,751,780 | 3,409,693 | 3,365,228 | 3,403,878 | 3,380,610 | 2,854,002 |
| Admin Expenses | 5,029,138 | 4,136,305 | 4,959,016 | 3,975,980 | 5,039,141 | 4,880,166 | 5,261,140 | 7,206,665 | 4,250,207 | 3,304,779 | 3,249,573 | 3,168,978 | 3,135,606 | 2,812,834 | 2,579,319 |
| Operating Profit | -1,091,650 | -1,475,547 | -3,343,987 | -713,200 | 469,122 | 260,753 | -328 | 2,404,694 | 1,420,249 | 447,001 | 160,120 | 196,250 | 268,272 | 567,776 | 274,683 |
| Interest Payable | 325,133 | 589,521 | 65,030 | 138,203 | 68,569 | 79,932 | 60,417 | 59,725 | 32,487 | 42,912 | 40,400 | 99,563 | 94,703 | 91,591 | 111,421 |
| Interest Receivable | 25,653 | 291 | 900 | 142 | 1 | 169 | 999 | ||||||||
| Pre-Tax Profit | -1,416,783 | -2,039,415 | -3,408,726 | -791,736 | 400,553 | 180,821 | -59,845 | 2,345,111 | 1,357,762 | 404,090 | 119,889 | 96,687 | 164,518 | 497,905 | 160,382 |
| Tax | 395,081 | -59,354 | 36,117 | 318,556 | -544,075 | -279,157 | -60,016 | -62,567 | 73,950 | -5,353 | -139,500 | -62,619 | |||
| Profit After Tax | -1,021,702 | -2,039,415 | -3,408,726 | -791,736 | 341,199 | 216,938 | 258,711 | 1,801,036 | 1,078,605 | 344,074 | 57,322 | 170,637 | 159,165 | 358,405 | 97,763 |
| Dividends Paid | 1,417,613 | 1,600,013 | 300,589 | 399,999 | 335,996 | 30,000 | 59,999 | 99,999 | 109,999 | ||||||
| Retained Profit | -1,021,702 | -2,039,415 | -3,408,726 | -2,209,349 | 341,199 | -1,383,075 | -41,878 | 1,401,037 | 742,609 | 314,074 | -2,677 | 170,637 | 59,166 | 248,406 | 97,763 |
| Employee Costs | 7,035,110 | 7,113,227 | 7,364,685 | 6,043,256 | 5,023,056 | 4,922,312 | 5,031,956 | 6,850,404 | 3,685,293 | 2,916,091 | 3,175,788 | 3,248,727 | 3,072,663 | 2,758,494 | 2,667,261 |
| Number Of Employees | 116 | 128 | 133 | 134 | 139 | 150 | 151 | 133 | 113 | 94 | 113 | 126 | 121 | 107 | 104 |
| EBITDA* | -840,591 | -1,205,076 | -3,015,734 | -252,077 | 821,726 | 493,316 | 267,452 | 2,694,559 | 1,595,730 | 588,021 | 316,839 | 381,326 | 435,683 | 729,152 | 441,680 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,918,611 | 6,091,559 | 5,292,134 | 5,654,482 | 6,063,830 | 5,815,758 | 5,967,512 | 5,888,159 | 2,986,292 | 2,950,264 | 2,294,554 | 2,434,362 | 2,480,566 | 2,337,090 | 2,361,948 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 4,037,001 | 3,991,276 | 3,669,200 | 59,667 | 59,667 | 59,667 | 59,667 | 59,667 | 89,667 | 89,667 | 59,667 | 59,667 | 59,667 | 59,667 | |
| Debtors (Due After 1 year) | 1,416,613 | ||||||||||||||
| Total Fixed Assets | 9,955,612 | 10,082,835 | 8,961,334 | 5,654,482 | 7,540,110 | 5,875,425 | 6,027,179 | 5,947,826 | 3,045,959 | 3,039,931 | 2,384,221 | 2,494,029 | 2,540,233 | 2,396,757 | 2,421,615 |
| Stock & work in progress | 2,753,168 | 3,675,285 | 3,152,167 | 2,585,958 | 1,671,389 | 1,742,996 | 1,921,308 | 2,056,471 | 1,342,206 | 814,909 | 786,618 | 849,228 | 783,998 | 591,431 | 662,182 |
| Trade Debtors | 1,815,487 | 2,127,030 | 3,196,542 | 3,906,743 | 3,451,895 | 3,769,958 | 4,273,461 | 3,347,252 | 2,849,313 | 2,065,560 | 1,569,735 | 2,172,482 | 2,225,002 | 1,974,983 | 1,785,152 |
| Group Debtors | 85,600 | 116,392 | 168,583 | 1,112,886 | |||||||||||
| Misc Debtors | 222,768 | 448,075 | 426,831 | 462,564 | 557,993 | 608,662 | 541,559 | 445,741 | 396,033 | 393,780 | 364,546 | 366,734 | 281,779 | 278,803 | 236,388 |
| Cash | 1,092 | 1,058,930 | 2,805,320 | 1,049,495 | 164,992 | 27,839 | 1,400,560 | 37,036 | 191 | 202 | 1,378 | 183 | 1,359 | 316 | |
| misc current assets | |||||||||||||||
| total current assets | 4,878,115 | 7,425,712 | 9,749,443 | 8,004,760 | 5,846,269 | 6,121,616 | 7,877,053 | 7,250,024 | 4,624,588 | 3,274,440 | 2,721,101 | 3,389,822 | 3,290,962 | 2,846,576 | 2,684,038 |
| total assets | 14,833,727 | 17,508,547 | 18,710,777 | 13,659,242 | 13,386,379 | 11,997,041 | 13,904,232 | 13,197,850 | 7,670,547 | 6,314,371 | 5,105,322 | 5,883,851 | 5,831,195 | 5,243,333 | 5,105,653 |
| Bank overdraft | 225,557 | 337,486 | 206,248 | 37,307 | 45,306 | 127,911 | 109,118 | 218,962 | 196,704 | ||||||
| Bank loan | 284,140 | 316,422 | 231,497 | 239,640 | 208,905 | 74,512 | 93,192 | 117,450 | 117,450 | 115,449 | 113,451 | 111,489 | |||
| Trade Creditors | 1,294,787 | 988,583 | 1,607,548 | 2,612,968 | 2,234,716 | 2,218,798 | 2,713,667 | 3,172,275 | 2,477,331 | 1,414,015 | 1,219,926 | 1,828,987 | 1,318,271 | 1,211,746 | 1,173,338 |
| Group/Directors Accounts | 1,565,627 | 13,767,261 | 2,412,973 | 1,330,427 | 5,369 | 78,587 | 1,189 | 2,081 | |||||||
| other short term finances | 686,315 | 929,940 | 418,532 | ||||||||||||
| hp & lease commitments | 5,321 | 16,592 | 37,798 | 63,447 | 98,129 | 119,004 | 70,123 | 66,960 | 54,972 | 55,886 | 50,262 | 51,950 | 75,994 | ||
| other current liabilities | 1,609,808 | 1,357,050 | 903,519 | 3,387,872 | 2,457,693 | 3,103,984 | 3,012,981 | 1,764,144 | 1,086,484 | 1,333,758 | 1,283,935 | 523,150 | 730,462 | 709,781 | 1,135,703 |
| total current liabilities | 4,695,779 | 16,397,034 | 5,245,783 | 7,579,356 | 4,975,216 | 5,802,302 | 6,031,025 | 5,264,328 | 3,708,450 | 2,946,421 | 2,723,670 | 3,339,699 | 3,253,502 | 2,724,422 | 2,693,228 |
| loans | 397,059 | 471,714 | 11,866,999 | 1,985,073 | 2,231,235 | 975,503 | 1,182,412 | 1,384,294 | 679,658 | 814,595 | 622,601 | 739,676 | 846,698 | 961,727 | 1,085,523 |
| hp & lease commitments | 8,150 | 24,742 | 69,464 | 111,831 | 155,955 | 57,234 | 80,782 | 78,129 | 120,877 | 148,085 | 24,888 | 47,512 | |||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 124,992 | 1,079,275 | 1,069,200 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | ||||||
| provisions | 30,323 | 547,697 | 546,449 | 630,375 | 489,549 | 348,557 | 384,674 | 410,397 | 59,948 | 68,500 | 64,000 | ||||
| total long term liabilities | 552,374 | 2,098,686 | 13,482,648 | 2,623,598 | 2,745,526 | 1,393,524 | 1,688,917 | 1,960,646 | 746,892 | 895,377 | 700,730 | 860,553 | 1,064,731 | 1,065,115 | 1,207,035 |
| total liabilities | 5,248,153 | 18,495,720 | 18,728,431 | 10,202,954 | 7,720,742 | 7,195,826 | 7,719,942 | 7,224,974 | 4,455,342 | 3,841,798 | 3,424,400 | 4,200,252 | 4,318,233 | 3,789,537 | 3,900,263 |
| net assets | 9,585,574 | -987,173 | -17,654 | 3,456,288 | 5,665,637 | 4,801,215 | 6,184,290 | 5,972,876 | 3,215,205 | 2,472,573 | 1,680,922 | 1,683,599 | 1,512,962 | 1,453,796 | 1,205,390 |
| total shareholders funds | 9,585,574 | -987,173 | -17,654 | 3,456,288 | 5,665,637 | 4,801,215 | 6,184,290 | 5,972,876 | 3,215,205 | 2,472,573 | 1,680,922 | 1,683,599 | 1,512,962 | 1,453,796 | 1,205,390 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,091,650 | -1,475,547 | -3,343,987 | -713,200 | 469,122 | 260,753 | -328 | 2,404,694 | 1,420,249 | 447,001 | 160,120 | 196,250 | 268,272 | 567,776 | 274,683 |
| Depreciation | 251,059 | 270,471 | 328,253 | 461,123 | 352,604 | 232,563 | 267,780 | 289,865 | 175,481 | 141,020 | 156,719 | 185,076 | 167,411 | 161,376 | 166,997 |
| Amortisation | |||||||||||||||
| Tax | 395,081 | -59,354 | 36,117 | 318,556 | -544,075 | -279,157 | -60,016 | -62,567 | 73,950 | -5,353 | -139,500 | -62,619 | |||
| Stock | -922,117 | 523,118 | 566,209 | 914,569 | -71,607 | -178,312 | -135,163 | 714,265 | 527,297 | 28,291 | -62,610 | 65,230 | 192,567 | -70,751 | 662,182 |
| Debtors | -567,642 | -1,100,459 | -577,351 | -1,057,194 | 1,047,881 | -1,549,286 | 2,134,913 | 547,647 | 786,006 | 525,059 | -604,935 | 32,435 | 252,995 | 232,246 | 2,021,540 |
| Creditors | 306,204 | -618,965 | -1,005,420 | 378,252 | 15,918 | -494,869 | -458,608 | 694,944 | 1,063,316 | 194,089 | -609,061 | 510,716 | 106,525 | 38,408 | 1,173,338 |
| Accruals and Deferred Income | 252,758 | 453,531 | -2,484,353 | 930,179 | -646,291 | 91,003 | 1,248,837 | 677,660 | -247,274 | 49,823 | 760,785 | -207,312 | 20,681 | -425,922 | 1,135,703 |
| Deferred Taxes & Provisions | -517,374 | 1,248 | -83,926 | 140,826 | 140,992 | -36,117 | -25,723 | 410,397 | -59,948 | -8,552 | 4,500 | 64,000 | |||
| Cash flow from operations | 1,085,837 | -791,921 | -6,578,291 | 1,339,805 | -703,283 | 1,817,048 | -649,236 | 2,671,573 | 819,312 | 218,567 | 1,073,541 | 601,067 | 103,422 | 45,143 | 68,380 |
| Investing Activities | |||||||||||||||
| capital expenditure | 228,430 | -74,923 | -649,632 | -1,410,931 | -164,106 | -311,070 | -48,651 | -149,297 | -319,938 | -114,798 | -88,519 | ||||
| Change in Investments | 45,725 | 322,076 | 3,669,200 | -59,667 | -30,000 | 30,000 | 59,667 | ||||||||
| cash flow from investments | -45,725 | -322,076 | -3,669,200 | 59,667 | 228,430 | -74,923 | -649,632 | -1,410,931 | -134,106 | -311,070 | -78,651 | -149,297 | -319,938 | -114,798 | -148,186 |
| Financing Activities | |||||||||||||||
| Bank loans | -284,140 | -32,282 | 84,925 | -8,143 | 239,640 | -208,905 | 134,393 | -18,680 | -24,258 | 2,001 | 1,998 | 1,962 | 111,489 | ||
| Group/Directors Accounts | -12,201,634 | 11,354,288 | 1,082,546 | 1,325,058 | -73,218 | 78,587 | -1,189 | -892 | 2,081 | ||||||
| Other Short Term Loans | -686,315 | -243,625 | 511,408 | 418,532 | |||||||||||
| Long term loans | -74,655 | -11,395,285 | 9,881,926 | -246,162 | 1,255,732 | -206,909 | -201,882 | 704,636 | -134,937 | 191,994 | -117,075 | -107,022 | -115,029 | -123,796 | 1,085,523 |
| Hire Purchase and Lease Commitments | -5,321 | -19,421 | -37,798 | -70,371 | -77,049 | -64,999 | 147,602 | -20,385 | 14,641 | -43,662 | -21,584 | 121,509 | -46,668 | 123,506 | |
| other long term liabilities | -954,283 | 10,075 | 1,069,200 | -10,000 | 10,000 | -10,000 | 10,000 | ||||||||
| share issue | |||||||||||||||
| interest | -325,133 | -563,868 | -64,739 | -138,203 | -68,569 | -79,932 | -59,517 | -59,583 | -32,487 | -42,911 | -40,231 | -99,563 | -94,703 | -91,591 | -110,422 |
| cash flow from financing | -2,245,396 | 437,503 | 11,969,221 | 894,752 | 1,806,437 | -295,303 | -282,011 | 2,283,682 | -197,655 | 616,151 | -885,202 | -479,793 | 425,183 | 158,439 | 2,327,723 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,057,838 | -1,746,390 | 1,755,825 | 884,503 | 164,992 | -27,839 | -1,372,721 | 1,363,524 | 36,845 | -11 | -1,176 | 1,195 | -1,176 | 1,043 | 316 |
| overdraft | 225,557 | -337,486 | 131,238 | 206,248 | -37,307 | -7,999 | -82,605 | 18,793 | -109,844 | 22,258 | 196,704 | ||||
| change in cash | -1,283,395 | -1,746,390 | 1,755,825 | 884,503 | 502,478 | -159,077 | -1,578,969 | 1,363,524 | 74,152 | 7,988 | 81,429 | -17,598 | 108,668 | -21,215 | -196,388 |
glamox limited Credit Report and Business Information
Glamox Limited Competitor Analysis
Perform a competitor analysis for glamox limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in RG24 area or any other competitors across 12 key performance metrics.
glamox limited Ownership
GLAMOX LIMITED group structure
Glamox Limited has 2 subsidiary companies.
Ultimate parent company
GLAMOX AS
#0036103
1 parent
GLAMOX LIMITED
02024289
2 subsidiaries
glamox limited directors
Glamox Limited currently has 10 directors. The longest serving directors include Mr Rune Marthinussen (Apr 2019) and Mr Thomas Lindberg (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rune Marthinussen | United Kingdom | 65 years | Apr 2019 | - | Director |
| Mr Thomas Lindberg | England | 55 years | Apr 2019 | - | Director |
| Mr Meelis Peterson | United Kingdom | 50 years | Apr 2019 | - | Director |
| Mr Knut Rusten | England | 61 years | Apr 2019 | - | Director |
| Mr Knut Rusten | England | 61 years | Apr 2019 | - | Director |
| Mr Meelis Peterson | United Kingdom | 50 years | Apr 2019 | - | Director |
| Mr David Hunt | England | 57 years | Feb 2021 | - | Director |
| Mr Geir Haukedal | Norway | 52 years | Mar 2022 | - | Director |
| Mr Koorosh Taleghani | England | 64 years | Jun 2022 | - | Director |
| Ms Astrid Joos | Norway | 51 years | Aug 2022 | - | Director |
P&L
December 2023turnover
23.1m
+14%
operating profit
-1.1m
-26%
gross margin
17.1%
+30.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.6m
-10.71%
total assets
14.8m
-0.15%
cash
1.1k
-1%
net assets
Total assets minus all liabilities
glamox limited company details
company number
02024289
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
incorporation date
May 1986
age
39
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
glamox luxonic limited (April 2024)
luxonic lighting limited (June 2020)
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
17 priestley road, basingstoke, hampshire, RG24 9JP
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
glamox 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 12 charges/mortgages relating to glamox limited. Currently there are 1 open charges and 11 have been satisfied in the past.
glamox 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.
Click to start generating capital raising & share issue transactions for GLAMOX LIMITED. This can take several minutes, an email will notify you when this has completed.
glamox limited Companies House Filings - See Documents
| date | description | view/download |
|---|
