glencoe plant services limited

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glencoe plant services limited Company Information

Share GLENCOE PLANT SERVICES LIMITED

Company Number

03003318

Shareholders

masterson holdings ltd

Group Structure

View All

Industry

Renting and leasing of construction and civil engineering machinery and equipment

 +1

Registered Address

atlantic house 7 stirling way, borehamwood, hertfordshire, WD6 2BT

glencoe plant services limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of GLENCOE PLANT SERVICES LIMITED at £4m based on a Turnover of £9.4m and 0.42x industry multiple (adjusted for size and gross margin).

glencoe plant services limited Estimated Valuation

£6.1m

Pomanda estimates the enterprise value of GLENCOE PLANT SERVICES LIMITED at £6.1m based on an EBITDA of £2m and a 3.08x industry multiple (adjusted for size and gross margin).

glencoe plant services limited Estimated Valuation

£14.6m

Pomanda estimates the enterprise value of GLENCOE PLANT SERVICES LIMITED at £14.6m based on Net Assets of £6.6m and 2.22x industry multiple (adjusted for liquidity).

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Glencoe Plant Services Limited Overview

Glencoe Plant Services Limited is a live company located in hertfordshire, WD6 2BT with a Companies House number of 03003318. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 1994, it's largest shareholder is masterson holdings ltd with a 100% stake. Glencoe Plant Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.4m with declining growth in recent years.

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Glencoe Plant Services Limited Health Check

Pomanda's financial health check has awarded Glencoe Plant Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £9.4m, make it in line with the average company (£9.4m)

£9.4m - Glencoe Plant Services Limited

£9.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.5%)

-3% - Glencoe Plant Services Limited

7.5% - Industry AVG

production

Production

with a gross margin of 13.5%, this company has a higher cost of product (29.5%)

13.5% - Glencoe Plant Services Limited

29.5% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (9%)

0.2% - Glencoe Plant Services Limited

9% - Industry AVG

employees

Employees

with 29 employees, this is below the industry average (45)

29 - Glencoe Plant Services Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £64.7k, the company has a higher pay structure (£45.2k)

£64.7k - Glencoe Plant Services Limited

£45.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £323.1k, this is more efficient (£206.4k)

£323.1k - Glencoe Plant Services Limited

£206.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (58 days)

7 days - Glencoe Plant Services Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 62 days, this is slower than average (46 days)

62 days - Glencoe Plant Services Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (13 days)

0 days - Glencoe Plant Services Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)

10 weeks - Glencoe Plant Services Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.7%, this is a similar level of debt than the average (58.8%)

61.7% - Glencoe Plant Services Limited

58.8% - Industry AVG

GLENCOE PLANT SERVICES LIMITED financials

EXPORTms excel logo

Glencoe Plant Services Limited's latest turnover from August 2023 is £9.4 million and the company has net assets of £6.6 million. According to their latest financial statements, Glencoe Plant Services Limited has 29 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover9,370,31110,002,7189,187,68110,406,39314,383,85512,512,7229,212,91211,523,38110,793,6368,594,4526,591,0617,896,7078,246,6386,883,4007,492,340
Other Income Or Grants000000000000000
Cost Of Sales8,107,1987,644,4266,169,2288,706,6458,604,7327,349,8305,796,8997,033,2646,693,7644,930,1094,155,5153,986,8745,017,1713,341,4963,653,128
Gross Profit1,263,1132,358,2923,018,4531,699,7485,779,1235,162,8923,416,0134,490,1174,099,8723,664,3432,435,5463,909,8333,229,4673,541,9043,839,212
Admin Expenses1,240,5941,244,1311,144,916746,143866,394891,350863,1782,329,5021,950,2012,516,1722,039,8852,492,7232,341,6022,536,5303,218,474
Operating Profit22,5191,114,1611,873,537953,6054,912,7294,271,5422,552,8352,160,6152,149,6711,148,171395,6611,417,110887,8651,005,374620,738
Interest Payable00020800000000000
Interest Receivable10,35302,1866,1635853137024,9686,1866,8652,4582,7252,5952,22825,653
Pre-Tax Profit32,8721,114,1611,875,723959,5604,913,3144,271,8552,553,5372,165,5832,155,8571,155,036398,1191,419,835890,4601,007,602646,391
Tax0045,241-446,122-806,885-848,753-505,803-432,955-336,288-136,422-50,516-469,343-350,441-299,037-348,030
Profit After Tax32,8721,114,1611,920,964513,4384,106,4293,423,1022,047,7341,732,6281,819,5691,018,614347,603950,492540,019708,565298,361
Dividends Paid0700,0002,800,000600,0004,000,0002,500,000014,500,0001,400,0000200,000750,0000764,0003,600,000
Retained Profit32,872414,161-879,036-86,562106,429923,1022,047,734-12,767,372419,5691,018,614147,603200,492540,019-55,435-3,301,639
Employee Costs1,876,1411,664,4801,303,6241,287,3851,291,5831,126,535912,809746,851534,743444,962352,027604,279797,112586,8533,312,578
Number Of Employees293133293130272422201722251920
EBITDA*1,988,2732,598,0203,036,9983,764,0177,041,7086,391,8384,454,1843,857,4073,526,3452,123,2281,198,3482,854,4002,440,2712,375,2882,132,664

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets13,173,66613,962,09511,253,2827,609,05311,181,8439,454,6257,075,8846,432,2135,559,5843,966,8932,105,9882,312,7012,587,5703,126,2923,202,637
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets13,173,66613,962,09511,253,2827,609,05311,181,8439,454,6257,075,8846,432,2135,559,5843,966,8932,105,9882,312,7012,587,5703,126,2923,202,637
Stock & work in progress79637,42014,412000000000000
Trade Debtors188,50744,159138,02952,93283,31435,47942,2081,5017201,61722,4154,22719,29442,08616,043
Group Debtors51,640002,604,7200405,31833,678151,1092,141,313625,350352,113747,921743,1271,560,792733,367
Misc Debtors1,491,260907,361855,94820,70015,70028,270317,80184,50080,28916,578389,06314,579383,922575,565435,292
Cash2,214,8921,582,466385,070549,0503,039,8441,139,7871,055,920804,8601,796,4851,327,0231,215,6461,167,044532,417832,427336,343
misc current assets000000000000000
total current assets3,947,0952,571,4061,393,4593,227,4023,138,8581,608,8541,449,6071,041,9704,018,8071,970,5681,979,2371,933,7711,678,7603,010,8701,521,045
total assets17,120,76116,533,50112,646,74110,836,45514,320,70111,063,4798,525,4917,474,1839,578,3915,937,4614,085,2254,246,4724,266,3306,137,1624,723,682
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,391,8381,895,7651,453,2881,428,566435,167381,254569,552457,6361,069,768483,858153,029147,609297,1131,265,856164,813
Group/Directors Accounts8,978,6068,042,5115,035,840002,859,1151,794,4322,981,8524,458,9242,010,0141,340,0001,690,0001,699,1573,403,7620
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities186,04963,82940,3782,411,6186,802,701846,706108,20529,127326,759140,218307,439271,709333,39870,9013,014,499
total current liabilities10,556,49310,002,1056,529,5063,840,1847,237,8684,087,0752,472,1893,468,6155,855,4512,634,0901,800,4682,109,3182,329,6684,740,5193,179,312
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions0000000000000092,292
total long term liabilities0000000000000092,292
total liabilities10,556,49310,002,1056,529,5063,840,1847,237,8684,087,0752,472,1893,468,6155,855,4512,634,0901,800,4682,109,3182,329,6684,740,5193,271,604
net assets6,564,2686,531,3966,117,2356,996,2717,082,8336,976,4046,053,3024,005,5683,722,9403,303,3712,284,7572,137,1541,936,6621,396,6431,452,078
total shareholders funds6,564,2686,531,3966,117,2356,996,2717,082,8336,976,4046,053,3024,005,5683,722,9403,303,3712,284,7572,137,1541,936,6621,396,6431,452,078
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit22,5191,114,1611,873,537953,6054,912,7294,271,5422,552,8352,160,6152,149,6711,148,171395,6611,417,110887,8651,005,374620,738
Depreciation1,965,7541,483,8591,163,4612,810,4122,128,9792,120,2961,901,3491,696,7921,376,674975,057802,6871,437,2901,552,4061,369,9141,511,926
Amortisation000000000000000
Tax0045,241-446,122-806,885-848,753-505,803-432,955-336,288-136,422-50,516-469,343-350,441-299,037-348,030
Stock-36,62423,00814,412000000000000
Debtors779,887-42,457-1,684,3752,579,338-370,05375,380156,577-1,985,2121,578,777-120,046-3,136-379,616-1,032,100993,7411,184,702
Creditors-503,927442,47724,722993,39953,913-188,298111,916-612,132585,910330,8295,420-149,504-968,7431,101,043164,813
Accruals and Deferred Income122,22023,451-2,371,240-4,391,0835,955,995738,50179,078-297,632186,541-167,22135,730-61,689262,497-2,943,5983,014,499
Deferred Taxes & Provisions0000000000000-92,29292,292
Cash flow from operations863,3033,083,3972,405,684-2,659,12712,614,7846,017,9083,982,7984,499,9002,383,7312,270,4601,192,1182,553,4802,415,684-852,3373,871,536
Investing Activities
capital expenditure000762,378-3,856,197-4,482,934-2,485,573-2,513,011-2,814,788-2,745,813-548,156-1,121,766-852,132-1,277,143-616,866
Change in Investments000000000000000
cash flow from investments000762,378-3,856,197-4,482,934-2,485,573-2,513,011-2,814,788-2,745,813-548,156-1,121,766-852,132-1,277,143-616,866
Financing Activities
Bank loans000000000000000
Group/Directors Accounts936,0953,006,6715,035,8400-2,859,1151,064,683-1,187,420-1,477,0722,448,910670,014-350,000-9,157-1,704,6053,403,7620
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000013,050,0000000004,753,717
interest10,35302,1865,9555853137024,9686,1866,8652,4582,7252,5952,22825,653
cash flow from financing946,4483,006,6715,038,0265,955-2,858,5301,064,996-1,186,71811,577,8962,455,096676,879-347,542-6,432-1,702,0103,405,9904,779,370
cash and cash equivalents
cash632,4261,197,396-163,980-2,490,7941,900,05783,867251,060-991,625469,462111,37748,602634,627-300,010496,084336,343
overdraft000000000000000
change in cash632,4261,197,396-163,980-2,490,7941,900,05783,867251,060-991,625469,462111,37748,602634,627-300,010496,084336,343

glencoe plant services limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Glencoe Plant Services Limited Competitor Analysis

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Perform a competitor analysis for glencoe plant services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WD6 area or any other competitors across 12 key performance metrics.

glencoe plant services limited Ownership

GLENCOE PLANT SERVICES LIMITED group structure

Glencoe Plant Services Limited has no subsidiary companies.

Ultimate parent company

1 parent

GLENCOE PLANT SERVICES LIMITED

03003318

GLENCOE PLANT SERVICES LIMITED Shareholders

masterson holdings ltd 100%

glencoe plant services limited directors

Glencoe Plant Services Limited currently has 6 directors. The longest serving directors include Mrs Mona Masterson (Dec 1994) and Mr Michael Masterson (Dec 1994).

officercountryagestartendrole
Mrs Mona MastersonEngland73 years Dec 1994- Director
Mr Michael MastersonEngland74 years Dec 1994- Director
Ms Margaret Masterson48 years Apr 2000- Director
Mr Sean MastersonUnited Kingdom47 years Jun 2007- Director
Mr Keith MastersonEngland51 years Jun 2007- Director
Mr Michael MastersonEngland44 years Jul 2009- Director

P&L

August 2023

turnover

9.4m

-6%

operating profit

22.5k

-98%

gross margin

13.5%

-42.82%

turnover

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

Balance Sheet

August 2023

net assets

6.6m

+0.01%

total assets

17.1m

+0.04%

cash

2.2m

+0.4%

net assets

Total assets minus all liabilities

glencoe plant services limited company details

company number

03003318

Type

Private limited with Share Capital

industry

77320 - Renting and leasing of construction and civil engineering machinery and equipment

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

December 1994

age

31

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

August 2023

previous names

getjar site services ltd (May 2001)

getjar international limited (March 1997)

accountant

-

auditor

RIORDAN O'SULLIVAN & CO

address

atlantic house 7 stirling way, borehamwood, hertfordshire, WD6 2BT

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

CHARLES RUSSELL SPEECHLYS LLP

glencoe plant services 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 glencoe plant services limited.

glencoe plant services 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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glencoe plant services limited Companies House Filings - See Documents

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