glencoe plant services limited Company Information
Company Number
03003318
Next Accounts
May 2025
Shareholders
masterson holdings ltd
Group Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
+1Registered Address
atlantic house 7 stirling way, borehamwood, hertfordshire, WD6 2BT
glencoe plant services limited Estimated Valuation
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
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
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
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4 Strong
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2 Regular
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6 Weak
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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
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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
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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
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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
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Employees
with 29 employees, this is below the industry average (45)
29 - Glencoe Plant Services Limited
45 - Industry AVG
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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
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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
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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
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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
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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
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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
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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
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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 House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 9,370,311 | 10,002,718 | 9,187,681 | 10,406,393 | 14,383,855 | 12,512,722 | 9,212,912 | 11,523,381 | 10,793,636 | 8,594,452 | 6,591,061 | 7,896,707 | 8,246,638 | 6,883,400 | 7,492,340 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 8,107,198 | 7,644,426 | 6,169,228 | 8,706,645 | 8,604,732 | 7,349,830 | 5,796,899 | 7,033,264 | 6,693,764 | 4,930,109 | 4,155,515 | 3,986,874 | 5,017,171 | 3,341,496 | 3,653,128 |
Gross Profit | 1,263,113 | 2,358,292 | 3,018,453 | 1,699,748 | 5,779,123 | 5,162,892 | 3,416,013 | 4,490,117 | 4,099,872 | 3,664,343 | 2,435,546 | 3,909,833 | 3,229,467 | 3,541,904 | 3,839,212 |
Admin Expenses | 1,240,594 | 1,244,131 | 1,144,916 | 746,143 | 866,394 | 891,350 | 863,178 | 2,329,502 | 1,950,201 | 2,516,172 | 2,039,885 | 2,492,723 | 2,341,602 | 2,536,530 | 3,218,474 |
Operating Profit | 22,519 | 1,114,161 | 1,873,537 | 953,605 | 4,912,729 | 4,271,542 | 2,552,835 | 2,160,615 | 2,149,671 | 1,148,171 | 395,661 | 1,417,110 | 887,865 | 1,005,374 | 620,738 |
Interest Payable | 0 | 0 | 0 | 208 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 10,353 | 0 | 2,186 | 6,163 | 585 | 313 | 702 | 4,968 | 6,186 | 6,865 | 2,458 | 2,725 | 2,595 | 2,228 | 25,653 |
Pre-Tax Profit | 32,872 | 1,114,161 | 1,875,723 | 959,560 | 4,913,314 | 4,271,855 | 2,553,537 | 2,165,583 | 2,155,857 | 1,155,036 | 398,119 | 1,419,835 | 890,460 | 1,007,602 | 646,391 |
Tax | 0 | 0 | 45,241 | -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 Tax | 32,872 | 1,114,161 | 1,920,964 | 513,438 | 4,106,429 | 3,423,102 | 2,047,734 | 1,732,628 | 1,819,569 | 1,018,614 | 347,603 | 950,492 | 540,019 | 708,565 | 298,361 |
Dividends Paid | 0 | 700,000 | 2,800,000 | 600,000 | 4,000,000 | 2,500,000 | 0 | 14,500,000 | 1,400,000 | 0 | 200,000 | 750,000 | 0 | 764,000 | 3,600,000 |
Retained Profit | 32,872 | 414,161 | -879,036 | -86,562 | 106,429 | 923,102 | 2,047,734 | -12,767,372 | 419,569 | 1,018,614 | 147,603 | 200,492 | 540,019 | -55,435 | -3,301,639 |
Employee Costs | 1,876,141 | 1,664,480 | 1,303,624 | 1,287,385 | 1,291,583 | 1,126,535 | 912,809 | 746,851 | 534,743 | 444,962 | 352,027 | 604,279 | 797,112 | 586,853 | 3,312,578 |
Number Of Employees | 29 | 31 | 33 | 29 | 31 | 30 | 27 | 24 | 22 | 20 | 17 | 22 | 25 | 19 | 20 |
EBITDA* | 1,988,273 | 2,598,020 | 3,036,998 | 3,764,017 | 7,041,708 | 6,391,838 | 4,454,184 | 3,857,407 | 3,526,345 | 2,123,228 | 1,198,348 | 2,854,400 | 2,440,271 | 2,375,288 | 2,132,664 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 13,173,666 | 13,962,095 | 11,253,282 | 7,609,053 | 11,181,843 | 9,454,625 | 7,075,884 | 6,432,213 | 5,559,584 | 3,966,893 | 2,105,988 | 2,312,701 | 2,587,570 | 3,126,292 | 3,202,637 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 13,173,666 | 13,962,095 | 11,253,282 | 7,609,053 | 11,181,843 | 9,454,625 | 7,075,884 | 6,432,213 | 5,559,584 | 3,966,893 | 2,105,988 | 2,312,701 | 2,587,570 | 3,126,292 | 3,202,637 |
Stock & work in progress | 796 | 37,420 | 14,412 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 188,507 | 44,159 | 138,029 | 52,932 | 83,314 | 35,479 | 42,208 | 1,501 | 720 | 1,617 | 22,415 | 4,227 | 19,294 | 42,086 | 16,043 |
Group Debtors | 51,640 | 0 | 0 | 2,604,720 | 0 | 405,318 | 33,678 | 151,109 | 2,141,313 | 625,350 | 352,113 | 747,921 | 743,127 | 1,560,792 | 733,367 |
Misc Debtors | 1,491,260 | 907,361 | 855,948 | 20,700 | 15,700 | 28,270 | 317,801 | 84,500 | 80,289 | 16,578 | 389,063 | 14,579 | 383,922 | 575,565 | 435,292 |
Cash | 2,214,892 | 1,582,466 | 385,070 | 549,050 | 3,039,844 | 1,139,787 | 1,055,920 | 804,860 | 1,796,485 | 1,327,023 | 1,215,646 | 1,167,044 | 532,417 | 832,427 | 336,343 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,947,095 | 2,571,406 | 1,393,459 | 3,227,402 | 3,138,858 | 1,608,854 | 1,449,607 | 1,041,970 | 4,018,807 | 1,970,568 | 1,979,237 | 1,933,771 | 1,678,760 | 3,010,870 | 1,521,045 |
total assets | 17,120,761 | 16,533,501 | 12,646,741 | 10,836,455 | 14,320,701 | 11,063,479 | 8,525,491 | 7,474,183 | 9,578,391 | 5,937,461 | 4,085,225 | 4,246,472 | 4,266,330 | 6,137,162 | 4,723,682 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 1,391,838 | 1,895,765 | 1,453,288 | 1,428,566 | 435,167 | 381,254 | 569,552 | 457,636 | 1,069,768 | 483,858 | 153,029 | 147,609 | 297,113 | 1,265,856 | 164,813 |
Group/Directors Accounts | 8,978,606 | 8,042,511 | 5,035,840 | 0 | 0 | 2,859,115 | 1,794,432 | 2,981,852 | 4,458,924 | 2,010,014 | 1,340,000 | 1,690,000 | 1,699,157 | 3,403,762 | 0 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 186,049 | 63,829 | 40,378 | 2,411,618 | 6,802,701 | 846,706 | 108,205 | 29,127 | 326,759 | 140,218 | 307,439 | 271,709 | 333,398 | 70,901 | 3,014,499 |
total current liabilities | 10,556,493 | 10,002,105 | 6,529,506 | 3,840,184 | 7,237,868 | 4,087,075 | 2,472,189 | 3,468,615 | 5,855,451 | 2,634,090 | 1,800,468 | 2,109,318 | 2,329,668 | 4,740,519 | 3,179,312 |
loans | 0 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92,292 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92,292 |
total liabilities | 10,556,493 | 10,002,105 | 6,529,506 | 3,840,184 | 7,237,868 | 4,087,075 | 2,472,189 | 3,468,615 | 5,855,451 | 2,634,090 | 1,800,468 | 2,109,318 | 2,329,668 | 4,740,519 | 3,271,604 |
net assets | 6,564,268 | 6,531,396 | 6,117,235 | 6,996,271 | 7,082,833 | 6,976,404 | 6,053,302 | 4,005,568 | 3,722,940 | 3,303,371 | 2,284,757 | 2,137,154 | 1,936,662 | 1,396,643 | 1,452,078 |
total shareholders funds | 6,564,268 | 6,531,396 | 6,117,235 | 6,996,271 | 7,082,833 | 6,976,404 | 6,053,302 | 4,005,568 | 3,722,940 | 3,303,371 | 2,284,757 | 2,137,154 | 1,936,662 | 1,396,643 | 1,452,078 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 22,519 | 1,114,161 | 1,873,537 | 953,605 | 4,912,729 | 4,271,542 | 2,552,835 | 2,160,615 | 2,149,671 | 1,148,171 | 395,661 | 1,417,110 | 887,865 | 1,005,374 | 620,738 |
Depreciation | 1,965,754 | 1,483,859 | 1,163,461 | 2,810,412 | 2,128,979 | 2,120,296 | 1,901,349 | 1,696,792 | 1,376,674 | 975,057 | 802,687 | 1,437,290 | 1,552,406 | 1,369,914 | 1,511,926 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 45,241 | -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 | -36,624 | 23,008 | 14,412 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 779,887 | -42,457 | -1,684,375 | 2,579,338 | -370,053 | 75,380 | 156,577 | -1,985,212 | 1,578,777 | -120,046 | -3,136 | -379,616 | -1,032,100 | 993,741 | 1,184,702 |
Creditors | -503,927 | 442,477 | 24,722 | 993,399 | 53,913 | -188,298 | 111,916 | -612,132 | 585,910 | 330,829 | 5,420 | -149,504 | -968,743 | 1,101,043 | 164,813 |
Accruals and Deferred Income | 122,220 | 23,451 | -2,371,240 | -4,391,083 | 5,955,995 | 738,501 | 79,078 | -297,632 | 186,541 | -167,221 | 35,730 | -61,689 | 262,497 | -2,943,598 | 3,014,499 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -92,292 | 92,292 |
Cash flow from operations | 863,303 | 3,083,397 | 2,405,684 | -2,659,127 | 12,614,784 | 6,017,908 | 3,982,798 | 4,499,900 | 2,383,731 | 2,270,460 | 1,192,118 | 2,553,480 | 2,415,684 | -852,337 | 3,871,536 |
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | -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 Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | -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 loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 936,095 | 3,006,671 | 5,035,840 | 0 | -2,859,115 | 1,064,683 | -1,187,420 | -1,477,072 | 2,448,910 | 670,014 | -350,000 | -9,157 | -1,704,605 | 3,403,762 | 0 |
Other Short Term Loans | 0 | 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 | 0 |
Hire Purchase and Lease Commitments | 0 | 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 | 0 |
share issue | |||||||||||||||
interest | 10,353 | 0 | 2,186 | 5,955 | 585 | 313 | 702 | 4,968 | 6,186 | 6,865 | 2,458 | 2,725 | 2,595 | 2,228 | 25,653 |
cash flow from financing | 946,448 | 3,006,671 | 5,038,026 | 5,955 | -2,858,530 | 1,064,996 | -1,186,718 | 11,577,896 | 2,455,096 | 676,879 | -347,542 | -6,432 | -1,702,010 | 3,405,990 | 4,779,370 |
cash and cash equivalents | |||||||||||||||
cash | 632,426 | 1,197,396 | -163,980 | -2,490,794 | 1,900,057 | 83,867 | 251,060 | -991,625 | 469,462 | 111,377 | 48,602 | 634,627 | -300,010 | 496,084 | 336,343 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 632,426 | 1,197,396 | -163,980 | -2,490,794 | 1,900,057 | 83,867 | 251,060 | -991,625 | 469,462 | 111,377 | 48,602 | 634,627 | -300,010 | 496,084 | 336,343 |
glencoe plant services limited Credit Report and Business Information
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Mona Masterson | England | 73 years | Dec 1994 | - | Director |
Mr Michael Masterson | England | 74 years | Dec 1994 | - | Director |
Ms Margaret Masterson | 48 years | Apr 2000 | - | Director | |
Mr Sean Masterson | United Kingdom | 47 years | Jun 2007 | - | Director |
Mr Keith Masterson | England | 51 years | Jun 2007 | - | Director |
Mr Michael Masterson | England | 44 years | Jul 2009 | - | Director |
P&L
August 2023turnover
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 2023net 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
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We did not find charges/mortgages relating to glencoe plant services limited.
glencoe plant services limited Capital Raised & Share Issues BETA
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glencoe plant services limited Companies House Filings - See Documents
date | description | view/download |
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