glasservice limited
glasservice limited Company Information
Company Number
02597991
Website
-Registered Address
unit 5, swaker yard, 2b, theobald street, borehamwood, herts, WD6 4SE
Industry
Glazing
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Alon Kaminski4 Years
Shareholders
alon kaminski 100%
glasservice limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSERVICE LIMITED at £11.2k based on a Turnover of £40.4k and 0.28x industry multiple (adjusted for size and gross margin).
glasservice limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSERVICE LIMITED at £0 based on an EBITDA of £-1.3k and a 2.82x industry multiple (adjusted for size and gross margin).
glasservice limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSERVICE LIMITED at £17.1k based on Net Assets of £9.4k and 1.82x industry multiple (adjusted for liquidity).
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Glasservice Limited Overview
Glasservice Limited is a live company located in borehamwood, WD6 4SE with a Companies House number of 02597991. It operates in the glazing sector, SIC Code 43342. Founded in April 1991, it's largest shareholder is alon kaminski with a 100% stake. Glasservice Limited is a mature, micro sized company, Pomanda has estimated its turnover at £40.4k with low growth in recent years.
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Glasservice Limited Health Check
Pomanda's financial health check has awarded Glasservice Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £40.4k, make it smaller than the average company (£779.1k)
- Glasservice Limited
£779.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.2%)
- Glasservice Limited
4.2% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (30.7%)
- Glasservice Limited
30.7% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (5.6%)
- Glasservice Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Glasservice Limited
5 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Glasservice Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £40.4k, this is less efficient (£138.7k)
- Glasservice Limited
£138.7k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (45 days)
- Glasservice Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (40 days)
- Glasservice Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glasservice Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glasservice Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.7%, this is a lower level of debt than the average (63%)
9.7% - Glasservice Limited
63% - Industry AVG
GLASSERVICE LIMITED financials
Glasservice Limited's latest turnover from May 2023 is estimated at £40.4 thousand and the company has net assets of £9.4 thousand. According to their latest financial statements, Glasservice Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 53 | 70 | 93 | 124 | 165 | 220 | 293 | 392 | 522 | 696 | 928 | 1,237 | 1,649 | 1,406 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 53 | 70 | 93 | 124 | 165 | 220 | 293 | 392 | 522 | 696 | 928 | 1,237 | 1,649 | 1,406 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,072 | 11,356 | 11,759 | 10,907 | 8,124 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,982 | 8,953 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 482 | 482 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 318 | 295 | 295 | 295 | 130 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 4,957 | 2,089 | 926 | 583 | 1,567 | 883 | 1,152 | 1,308 | 2,553 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,390 | 11,651 | 12,054 | 11,202 | 8,254 | 5,439 | 2,571 | 926 | 583 | 1,567 | 883 | 1,152 | 10,290 | 11,506 |
| total assets | 10,443 | 11,721 | 12,147 | 11,326 | 8,419 | 5,659 | 2,864 | 1,318 | 1,105 | 2,263 | 1,811 | 2,389 | 11,939 | 12,912 |
| 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 | 415 | 370 | 833 | 1,133 | 850 | 0 | 0 | 0 | 11,675 | 20,271 | 28,302 | 33,717 | 47,402 | 80,409 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 848 | 4,087 | 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 | 0 | 0 | 0 | 0 | 0 | 1,601 | 1,862 | 2,082 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 415 | 370 | 833 | 1,133 | 850 | 1,601 | 2,710 | 6,169 | 11,675 | 20,271 | 28,302 | 33,717 | 47,402 | 80,409 |
| 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 | 600 | 600 | 600 | 600 | 600 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 600 | 600 | 600 | 600 | 600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,015 | 970 | 1,433 | 1,733 | 1,450 | 1,601 | 2,710 | 6,169 | 11,675 | 20,271 | 28,302 | 33,717 | 47,402 | 80,409 |
| net assets | 9,428 | 10,751 | 10,714 | 9,593 | 6,969 | 4,058 | 154 | -4,851 | -10,570 | -18,008 | -26,491 | -31,328 | -35,463 | -67,497 |
| total shareholders funds | 9,428 | 10,751 | 10,714 | 9,593 | 6,969 | 4,058 | 154 | -4,851 | -10,570 | -18,008 | -26,491 | -31,328 | -35,463 | -67,497 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 55 | 73 | 98 | 130 | 174 | 232 | 309 | 412 | 550 | 468 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,261 | -403 | 852 | 2,948 | 7,772 | 0 | 482 | 0 | 0 | 0 | 0 | -8,982 | 29 | 8,953 |
| Creditors | 45 | -463 | -300 | 283 | 850 | 0 | 0 | -11,675 | -8,596 | -8,031 | -5,415 | -13,685 | -33,007 | 80,409 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -1,001 | -261 | -220 | 2,082 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | -848 | -3,239 | 4,087 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | -4,957 | 2,868 | 1,163 | 343 | -984 | 684 | -269 | -156 | -1,245 | 2,553 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -4,957 | 2,868 | 1,163 | 343 | -984 | 684 | -269 | -156 | -1,245 | 2,553 |
glasservice limited Credit Report and Business Information
Glasservice Limited Competitor Analysis
Perform a competitor analysis for glasservice limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
glasservice limited Ownership
GLASSERVICE LIMITED group structure
Glasservice Limited has no subsidiary companies.
Ultimate parent company
GLASSERVICE LIMITED
02597991
glasservice limited directors
Glasservice Limited currently has 1 director, Mr Alon Kaminski serving since May 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alon Kaminski | England | 63 years | May 2020 | - | Director |
P&L
May 2023turnover
40.4k
+8%
operating profit
-1.3k
0%
gross margin
21.8%
-1.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
9.4k
-0.12%
total assets
10.4k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
glasservice limited company details
company number
02597991
Type
Private limited with Share Capital
industry
43342 - Glazing
incorporation date
April 1991
age
33
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
displayheights limited (May 1991)
accountant
PLATTS
auditor
-
address
unit 5, swaker yard, 2b, theobald street, borehamwood, herts, WD6 4SE
Bank
-
Legal Advisor
-
glasservice 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 glasservice limited.
glasservice limited Companies House Filings - See Documents
| date | description | view/download |
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