Glencross Cleaning Limited

POWER SEARCH PRICING

SOLUTIONS

glencross cleaning limited Company Information

Live

MatureSmallDeclining

Company Number

02101584

Website

www.glencrosscleaning.co.uk

Registered Address

19 madrid road, guildford, GU2 7NU

Industry

General cleaning of buildings

Telephone

01483300694

Next Accounts Due

March 2025

Group Structure

View All

Directors

Brendan Cluskey32 Years

Rachel Cluskey10 Years

Shareholders

rachel nicola cluskey 50%

brendan james cluskey 50%

glencross cleaning limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of GLENCROSS CLEANING LIMITED at £1.9m based on Net Assets of £759k and 2.47x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Glencross Cleaning Limited is a live company located in guildford, GU2 7NU with a Companies House number of 02101584. It operates in the general cleaning of buildings sector, SIC Code 81210. Founded in February 1987, it's largest shareholder is rachel nicola cluskey with a 50% stake. Glencross Cleaning Limited is a mature, small sized company, Pomanda has estimated its turnover at £642.8k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Rating4out of 5

4 Strong

3 Regular

4 Weak

Size

annual sales of £642.8k, make it larger than the average company (£160.4k)

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (5.6%)

EXPORT

Glencross Cleaning Limited's latest turnover from June 2023 is estimated at £642.8 thousand and the company has net assets of £759 thousand. According to their latest financial statements, Glencross Cleaning Limited has 55 employees and maintains cash reserves of £453.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	642,823	484,793	880,024	955,077	2,189,575	1,333,898	1,603,797	2,532,401	1,938,630	2,889,691	2,909,174	2,014,959	2,456,456	2,998,289
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	496,915	375,585	683,999	735,704	1,629,283	1,004,562	1,207,175	1,853,245	1,418,638	2,085,271	2,111,746	1,404,074	1,722,963	2,084,986
Gross Profit	145,908	109,208	196,025	219,373	560,293	329,337	396,622	679,156	519,992	804,421	797,427	610,885	733,494	913,302
Admin Expenses	140,303	114,677	179,665	215,991	590,899	207,440	433,754	587,977	475,827	740,303	745,930	563,893	678,154	363,409
Operating Profit	5,605	-5,469	16,360	3,382	-30,606	121,897	-37,132	91,179	44,165	64,118	51,497	46,992	55,340	549,893
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	17,856	3,111	230	229	2,860	2,391	939	1,607	1,193	601	371	295	279	147
Pre-Tax Profit	23,460	-2,358	16,590	3,611	-27,746	124,288	-36,193	92,786	45,359	64,719	51,868	47,287	55,619	550,040
Tax	-5,865	0	-3,152	-686	0	-23,615	0	-18,557	-9,072	-13,591	-11,930	-11,349	-14,461	-154,011
Profit After Tax	17,595	-2,358	13,438	2,925	-27,746	100,673	-36,193	74,229	36,287	51,128	39,938	35,938	41,158	396,029
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	17,595	-2,358	13,438	2,925	-27,746	100,673	-36,193	74,229	36,287	51,128	39,938	35,938	41,158	396,029
Employee Costs	682,561	629,204	1,039,780	1,071,166	730,731	866,465	972,024	1,759,000	1,273,800	1,970,920	2,069,822	1,398,707	1,746,032	1,999,937
Number Of Employees	55	50	87	93	67	75	102	200	139	215	223	158	198	228
EBITDA*	10,175	1,477	17,055	4,778	-26,306	124,850	-31,751	96,485	54,127	67,891	53,069	48,414	55,924	555,347

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	208,187	211,738	192,050	194,935	196,520	20,820	14,212	16,847	16,668	19,649	10,923	8,828	5,650	6,234
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	180,000	180,000	0	0	0	0	0	0	0
Debtors (Due After 1 year)	59,311	59,311	59,311	59,311	0	0	0	0	0	0	0	161,744	0	0
Total Fixed Assets	267,498	271,049	251,361	254,246	196,520	200,820	194,212	16,847	16,668	19,649	10,923	170,572	5,650	6,234
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	85,015	63,202	119,541	105,134	365,243	118,608	141,012	411,036	319,363	461,960	494,155	315,701	446,255	463,334
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	8,405	189,429	189,432	197,329	0	0	0	0	0	0	0	0	0	0
Cash	453,290	260,930	236,815	223,857	234,876	527,774	428,518	322,837	320,039	157,308	83,147	65,122	52,843	58,854
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	546,710	513,561	545,788	526,320	600,119	646,382	569,530	733,873	639,402	619,268	577,302	380,823	499,098	522,188
total assets	814,208	784,610	797,149	780,566	796,639	847,202	763,742	750,720	656,070	638,917	588,225	551,395	504,748	528,422
Bank overdraft	0	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	0	0	0
Trade Creditors	5,643	1,468	5,334	10,710	0	106,730	123,943	74,728	54,307	73,441	73,877	76,985	66,276	131,108
Group/Directors Accounts	0	0	0	100	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	49,524	41,696	63,011	54,390	0	0	0	0	0	0	0	0	0	0
total current liabilities	55,167	43,164	68,345	65,200	0	106,730	123,943	74,728	54,307	73,441	73,877	76,985	66,276	131,108
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	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	83,913	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	285	285	285	285	285	285	285	285	285	285
total long term liabilities	0	0	0	0	84,198	285	285	285	285	285	285	285	285	285
total liabilities	55,167	43,164	68,345	65,200	84,198	107,015	124,228	75,013	54,592	73,726	74,162	77,270	66,561	131,393
net assets	759,041	741,446	728,804	715,366	712,441	740,187	639,514	675,707	601,478	565,191	514,063	474,125	438,187	397,029
total shareholders funds	759,041	741,446	728,804	715,366	712,441	740,187	639,514	675,707	601,478	565,191	514,063	474,125	438,187	397,029

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	5,605	-5,469	16,360	3,382	-30,606	121,897	-37,132	91,179	44,165	64,118	51,497	46,992	55,340	549,893
Depreciation	4,570	6,946	695	1,396	4,300	2,953	5,381	5,306	9,962	3,773	1,572	1,422	584	5,454
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-5,865	0	-3,152	-686	0	-23,615	0	-18,557	-9,072	-13,591	-11,930	-11,349	-14,461	-154,011
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-159,211	-56,342	6,510	-3,469	246,635	-22,404	-270,024	91,673	-142,597	-32,195	16,710	31,190	-17,079	463,334
Creditors	4,175	-3,866	-5,376	10,710	-106,730	-17,213	49,215	20,421	-19,134	-436	-3,108	10,709	-64,832	131,108
Accruals and Deferred Income	7,828	-21,315	8,621	54,390	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	-285	0	0	0	0	0	0	0	0	0	285
Cash flow from operations	175,524	32,638	10,638	72,376	-379,671	106,426	287,488	6,676	168,518	86,059	21,321	16,584	-6,290	69,395
Investing Activities
capital expenditure	-1,019	-26,634	2,190	189	-180,000	-9,561	-2,746	-5,485	-6,981	-12,499	-3,667	-4,600	0	-11,688
Change in Investments	0	0	0	0	-180,000	0	180,000	0	0	0	0	0	0	0
cash flow from investments	-1,019	-26,634	2,190	189	0	-9,561	-182,746	-5,485	-6,981	-12,499	-3,667	-4,600	0	-11,688
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	-100	100	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	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	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	-83,913	83,913	0	0	0	0	0	0	0	0	0
share issue	0	15,000	0	0	0	0	0	0	0	0	0	0	0	1,000
interest	17,856	3,111	230	229	2,860	2,391	939	1,607	1,193	601	371	295	279	147
cash flow from financing	17,856	18,111	130	-83,584	86,773	2,391	939	1,607	1,193	601	371	295	279	1,147
cash and cash equivalents
cash	192,360	24,115	12,958	-11,019	-292,898	99,256	105,681	2,798	162,731	74,161	18,025	12,279	-6,011	58,854
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	192,360	24,115	12,958	-11,019	-292,898	99,256	105,681	2,798	162,731	74,161	18,025	12,279	-6,011	58,854

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for glencross cleaning limited. Get real-time insights into glencross cleaning limited'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 glencross cleaning limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GLENCROSS CLEANING LIMITED group structure

Glencross Cleaning Limited has no subsidiary companies.

Ultimate parent company

GLENCROSS CLEANING LIMITED

02101584

GLENCROSS CLEANING LIMITED Shareholders

rachel nicola cluskey	50%
brendan james cluskey	50%

Glencross Cleaning Limited currently has 2 directors. The longest serving directors include Mr Brendan Cluskey (Apr 1992) and Mrs Rachel Cluskey (Mar 2014).

officer	country	age	start	end	role
Mr Brendan Cluskey	England	78 years	Apr 1992	-	Director
Mrs Rachel Cluskey	England	53 years	Mar 2014	-	Director

P&L

June 2023

turnover

642.8k

+33%

operating profit

5.6k

gross margin

22.7%

+0.76%

turnover

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

Balance Sheet

June 2023

net assets

759k

+0.02%

total assets

814.2k

+0.04%

cash

453.3k

+0.74%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

acorn janitorial supplies limited

total clean services limited

mn support services limited

clean team cleaning services limited

canada cleaning services limited

4.5

company number

02101584

Type

Private limited with Share Capital

industry

81210 - General cleaning of buildings

incorporation date

February 1987

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

19 madrid road, guildford, GU2 7NU

last accounts submitted

June 2023

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 glencross cleaning limited. Currently there are 1 open charges and 0 have been satisfied in the past.

glencross cleaning limited Company Information

glencross cleaning limited Estimated Valuation

glencross cleaning limited Estimated Valuation

glencross cleaning limited Estimated Valuation

Glencross Cleaning Limited Overview

Glencross Cleaning Limited Health Check

GLENCROSS CLEANING LIMITED financials

glencross cleaning limited Credit Report and Business Information

Glencross Cleaning Limited Competitor Analysis

glencross cleaning limited Ownership

glencross cleaning limited directors

glencross cleaning limited company details

glencross cleaning limited Charges & Mortgages

glencross cleaning limited Companies House Filings - See Documents