glorious limited

glorious limited Company Information

Share GLORIOUS LIMITED
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Company Number

02756736

Industry

Other human health activities

 

Shareholders

osbon medicals limited

Group Structure

View All

Contact

Registered Address

54 the stratford centre, the stratford centre, london, E15 1XE

glorious limited Estimated Valuation

£742.9k

Pomanda estimates the enterprise value of GLORIOUS LIMITED at £742.9k based on a Turnover of £1.6m and 0.46x industry multiple (adjusted for size and gross margin).

glorious limited Estimated Valuation

£626.7k

Pomanda estimates the enterprise value of GLORIOUS LIMITED at £626.7k based on an EBITDA of £178.2k and a 3.52x industry multiple (adjusted for size and gross margin).

glorious limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of GLORIOUS LIMITED at £1.3m based on Net Assets of £525.4k and 2.46x industry multiple (adjusted for liquidity).

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Glorious Limited Overview

Glorious Limited is a live company located in london, E15 1XE with a Companies House number of 02756736. It operates in the other human health activities sector, SIC Code 86900. Founded in October 1992, it's largest shareholder is osbon medicals limited with a 100% stake. Glorious Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.

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Glorious Limited Health Check

Pomanda's financial health check has awarded Glorious Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.6m, make it larger than the average company (£665.8k)

£1.6m - Glorious Limited

£665.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (5.7%)

37% - Glorious Limited

5.7% - Industry AVG

production

Production

with a gross margin of 21.1%, this company has a higher cost of product (37.5%)

21.1% - Glorious Limited

37.5% - Industry AVG

profitability

Profitability

an operating margin of 9.4% make it more profitable than the average company (5.8%)

9.4% - Glorious Limited

5.8% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (17)

5 - Glorious Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.3k, the company has an equivalent pay structure (£25.3k)

£25.3k - Glorious Limited

£25.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £322.9k, this is more efficient (£46.5k)

£322.9k - Glorious Limited

£46.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 132 days, this is later than average (23 days)

132 days - Glorious Limited

23 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79 days, this is slower than average (18 days)

79 days - Glorious Limited

18 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 35 days, this is more than average (10 days)

35 days - Glorious Limited

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (112 weeks)

9 weeks - Glorious Limited

112 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66%, this is a higher level of debt than the average (25.6%)

66% - Glorious Limited

25.6% - Industry AVG

GLORIOUS LIMITED financials

EXPORTms excel logo

Glorious Limited's latest turnover from August 2023 is estimated at £1.6 million and the company has net assets of £525.4 thousand. According to their latest financial statements, Glorious Limited has 5 employees and maintains cash reserves of £51.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,614,5711,271,1311,193,638627,019354,502260,425286,979381,346478,277707,247811,796745,585756,550652,786
Other Income Or Grants00000000000000
Cost Of Sales1,273,931997,205965,212497,360281,507202,761217,933294,083368,061539,784610,867537,723535,551475,023
Gross Profit340,641273,926228,426129,65972,99557,66469,04687,263110,215167,463200,929207,862220,999177,764
Admin Expenses188,709112,70292,533120,68920,55628,18729,05711,43389,634115,517181,994181,988239,283234,893
Operating Profit151,932161,224135,8938,97052,43929,47739,98975,83020,58151,94618,93525,874-18,284-57,129
Interest Payable000003,8939,9396,443000000
Interest Receivable2,7621,036110136729385232664739483221155187120
Pre-Tax Profit154,695162,259136,0049,10653,16825,96930,28370,05021,32052,42919,15526,030-18,097-57,009
Tax-38,674-30,829-25,841-1,730-10,102-4,934-6,056-14,010-4,477-12,059-4,597-6,76800
Profit After Tax116,021131,430110,1637,37643,06621,03524,22656,04016,84340,37014,55819,262-18,097-57,009
Dividends Paid00000000000000
Retained Profit116,021131,430110,1637,37643,06621,03524,22656,04016,84340,37014,55819,262-18,097-57,009
Employee Costs126,289165,935160,534178,562131,316148,479167,792126,744174,599259,595322,758277,122292,512223,993
Number Of Employees5778678681215131411
EBITDA*178,194187,756162,42521,97965,44842,71952,95388,86937,82572,47837,81044,7351,044-49,853

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets183,214191,455115,21621,49813,00726,01636,13548,25056,68969,85983,28394,01698,1071,564
Intangible Assets600,001600,001600,001600,001111113,97510,97517,97524,97531,975
Investments & Other0000000000001000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets783,215791,456715,217621,49913,00826,01736,13648,25156,69073,83494,258111,991123,18233,539
Stock & work in progress125,420124,120197,038134,120125,550172,548150,106145,073139,520120,11671,96375,32943,76153,077
Trade Debtors585,984442,430340,378148,54672,00519,75937,42045,90553,25979,816113,106105,965120,608103,123
Group Debtors00000000000000
Misc Debtors000030,40430,56432,93326,148000000
Cash51,33253,90064,464156,119115,96678,37075,826109,810155,637139,93553,14435,06227,11647,825
misc current assets00000000000000
total current assets762,736620,450601,880438,785343,925301,241296,285326,936348,416339,867238,213216,356191,485204,025
total assets1,545,9511,411,9061,317,0971,060,284356,933327,258332,421375,187405,106413,701332,471328,347314,667237,564
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 277,740250,549277,170142,51486,14597,72693,39271,87198,609131,81092,258105,216116,774115,865
Group/Directors Accounts000087,47091,72000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities000022,92420,48422,95632,993000000
total current liabilities277,740250,549277,170142,514196,539209,930116,348104,86498,609131,81092,258105,216116,774115,865
loans000000119,780198,256000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities742,827751,994761,994750,0000000290,470282,707281,399278,875272,899178,608
provisions00000000000000
total long term liabilities742,827751,994761,994750,00000119,780198,256290,470282,707281,399278,875272,899178,608
total liabilities1,020,5671,002,5431,039,164892,514196,539209,930236,128303,120389,079414,517373,657384,091389,673294,473
net assets525,384409,363277,933167,770160,394117,32896,29372,06716,027-816-41,186-55,744-75,006-56,909
total shareholders funds525,384409,363277,933167,770160,394117,32896,29372,06716,027-816-41,186-55,744-75,006-56,909
Aug 2023Aug 2022Aug 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit151,932161,224135,8938,97052,43929,47739,98975,83020,58151,94618,93525,874-18,284-57,129
Depreciation26,26226,53226,53213,00913,00913,24212,96413,03913,27013,53211,87511,86112,328276
Amortisation000000003,9747,0007,0007,0007,0007,000
Tax-38,674-30,829-25,841-1,730-10,102-4,934-6,056-14,010-4,477-12,059-4,597-6,76800
Stock1,300-72,91862,9188,570-46,99822,4425,0335,55319,40448,153-3,36631,568-9,31653,077
Debtors143,554102,052191,83246,13752,086-20,030-1,70018,794-26,557-33,2907,141-14,64317,485103,123
Creditors27,191-26,621134,65656,369-11,5814,33421,521-26,738-33,20139,552-12,958-11,558909115,865
Accruals and Deferred Income000-22,9242,440-2,472-10,03732,993000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations21,857101,17216,490-1,01341,11737,23555,04856,7677,30085,10816,4809,484-6,216-90,188
Investing Activities
capital expenditure-18,021-102,771-120,250-621,5000-3,123-849-4,600-100-108-1,142-7,770-108,871-40,815
Change in Investments00000000000-1001000
cash flow from investments-18,021-102,771-120,250-621,5000-3,123-849-4,600-100-108-1,142-7,670-108,971-40,815
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000-87,470-4,25091,72000000000
Other Short Term Loans 00000000000000
Long term loans00000-119,780-78,476198,256000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-9,167-10,00011,994750,000000-290,4707,7631,3082,5245,97694,291178,608
share issue0000000000000100
interest2,7621,036110136729-3,508-9,707-5,779739483221155187120
cash flow from financing-6,405-8,96412,104662,666-3,521-31,568-88,183-97,9938,5021,7912,7456,13194,478178,828
cash and cash equivalents
cash-2,568-10,564-91,65540,15337,5962,544-33,984-45,82715,70286,79118,0827,946-20,70947,825
overdraft00000000000000
change in cash-2,568-10,564-91,65540,15337,5962,544-33,984-45,82715,70286,79118,0827,946-20,70947,825

glorious 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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Glorious Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for glorious limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in E15 area or any other competitors across 12 key performance metrics.

glorious limited Ownership

GLORIOUS LIMITED group structure

Glorious Limited has no subsidiary companies.

Ultimate parent company

1 parent

GLORIOUS LIMITED

02756736

GLORIOUS LIMITED Shareholders

osbon medicals limited 100%

glorious limited directors

Glorious Limited currently has 2 directors. The longest serving directors include Mrs Benedicta Osei-Bonsu (Aug 2019) and Mr Daniel Osei-Bonsu (Aug 2019).

officercountryagestartendrole
Mrs Benedicta Osei-BonsuEngland50 years Aug 2019- Director
Mr Daniel Osei-BonsuEngland53 years Aug 2019- Director

P&L

August 2023

turnover

1.6m

+27%

operating profit

151.9k

0%

gross margin

21.1%

-2.1%

turnover

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

Balance Sheet

August 2023

net assets

525.4k

+0.28%

total assets

1.5m

+0.09%

cash

51.3k

-0.05%

net assets

Total assets minus all liabilities

glorious limited company details

company number

02756736

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

October 1992

age

32

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

54 the stratford centre, the stratford centre, london, E15 1XE

Bank

BARCLAYS BANK PLC

Legal Advisor

-

glorious 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 5 charges/mortgages relating to glorious limited. Currently there are 2 open charges and 3 have been satisfied in the past.

glorious 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 GLORIOUS LIMITED. This can take several minutes, an email will notify you when this has completed.

glorious limited Companies House Filings - See Documents

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