glasshouse property rentals limited
glasshouse property rentals limited Company Information
Company Number
03727558
Next Accounts
Sep 2025
Shareholders
glasshouse group ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
362 lauderdale tower, barbican, london, EC2Y 8NA
Website
-glasshouse property rentals limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSHOUSE PROPERTY RENTALS LIMITED at £2m based on a Turnover of £608.2k and 3.25x industry multiple (adjusted for size and gross margin).
glasshouse property rentals limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSHOUSE PROPERTY RENTALS LIMITED at £76k based on an EBITDA of £11.6k and a 6.53x industry multiple (adjusted for size and gross margin).
glasshouse property rentals limited Estimated Valuation
Pomanda estimates the enterprise value of GLASSHOUSE PROPERTY RENTALS LIMITED at £5.5m based on Net Assets of £3.1m and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glasshouse Property Rentals Limited Overview
Glasshouse Property Rentals Limited is a live company located in london, EC2Y 8NA with a Companies House number of 03727558. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1999, it's largest shareholder is glasshouse group ltd with a 100% stake. Glasshouse Property Rentals Limited is a mature, small sized company, Pomanda has estimated its turnover at £608.2k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Glasshouse Property Rentals Limited Health Check
Pomanda's financial health check has awarded Glasshouse Property Rentals Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £608.2k, make it smaller than the average company (£1.1m)
- Glasshouse Property Rentals Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (3.6%)
- Glasshouse Property Rentals Limited
3.6% - Industry AVG
Production
with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)
- Glasshouse Property Rentals Limited
70.8% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (21.4%)
- Glasshouse Property Rentals Limited
21.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Glasshouse Property Rentals Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Glasshouse Property Rentals Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £202.7k, this is equally as efficient (£202.7k)
- Glasshouse Property Rentals Limited
£202.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Glasshouse Property Rentals Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Glasshouse Property Rentals Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glasshouse Property Rentals Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glasshouse Property Rentals Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.7%, this is a higher level of debt than the average (71.4%)
86.7% - Glasshouse Property Rentals Limited
71.4% - Industry AVG
GLASSHOUSE PROPERTY RENTALS LIMITED financials
Glasshouse Property Rentals Limited's latest turnover from December 2023 is estimated at £608.2 thousand and the company has net assets of £3.1 million. According to their latest financial statements, Glasshouse Property Rentals Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 303,439 | ||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 40,795 | ||||||||||||||
| Gross Profit | 262,644 | ||||||||||||||
| Admin Expenses | 141,309 | ||||||||||||||
| Operating Profit | 121,335 | ||||||||||||||
| Interest Payable | 15,744 | ||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 105,591 | ||||||||||||||
| Tax | -17,136 | ||||||||||||||
| Profit After Tax | 88,455 | ||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 88,455 | ||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | 121,335 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 23,300,000 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 25,936,482 | 19,090,471 | 12,520,000 | 5,115,000 | 5,115,000 | 5,115,000 | 5,115,000 | 5,700,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 23,300,000 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 25,936,482 | 19,090,471 | 12,520,000 | 5,115,000 | 5,115,000 | 5,115,000 | 5,115,000 | 5,700,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 442 | 205 | |||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 874 | 30,803 | |||||||||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 874 | 30,803 | 442 | 205 | |||||||||||
| total assets | 23,300,874 | 28,842,761 | 28,842,761 | 28,842,761 | 28,842,761 | 28,873,564 | 28,842,761 | 25,936,482 | 19,090,471 | 12,520,000 | 5,115,000 | 5,115,000 | 5,115,000 | 5,115,442 | 5,700,205 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 10,485,995 | 3,199,849 | 3,346,625 | 3,455,880 | 3,592,040 | 3,751,345 | |||||||||
| Group/Directors Accounts | 16,945,421 | 16,952,590 | 16,651,374 | 16,247,551 | 15,830,864 | 16,047,853 | 16,040,774 | 16,605,733 | 10,198,669 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 686 | 37,813 | 72,888 | 46,087 | 9,738 | 136,064 | 102,205 | 58,270 | |||||||
| total current liabilities | 16,945,421 | 16,953,276 | 16,689,187 | 16,320,439 | 15,876,951 | 16,057,591 | 16,176,838 | 16,707,938 | 10,256,939 | 10,485,995 | 3,199,849 | 3,346,625 | 3,455,880 | 3,592,040 | 3,751,345 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 3,251,807 | 4,637,498 | 3,524,498 | 3,524,498 | 3,524,498 | 3,524,498 | 3,524,498 | 3,003,581 | 2,744,480 | ||||||
| total long term liabilities | 3,251,807 | 4,637,498 | 3,524,498 | 3,524,498 | 3,524,498 | 3,524,498 | 3,524,498 | 3,003,581 | 2,744,480 | ||||||
| total liabilities | 20,197,228 | 21,590,774 | 20,213,685 | 19,844,937 | 19,401,449 | 19,582,089 | 19,701,336 | 19,711,519 | 13,001,419 | 10,485,995 | 3,199,849 | 3,346,625 | 3,455,880 | 3,592,040 | 3,751,345 |
| net assets | 3,103,646 | 7,251,987 | 8,629,076 | 8,997,824 | 9,441,312 | 9,291,475 | 9,141,425 | 6,224,963 | 6,089,052 | 2,034,005 | 1,915,151 | 1,768,375 | 1,659,120 | 1,523,402 | 1,948,860 |
| total shareholders funds | 3,103,646 | 7,251,987 | 8,629,076 | 8,997,824 | 9,441,312 | 9,291,475 | 9,141,425 | 6,224,963 | 6,089,052 | 2,034,005 | 1,915,151 | 1,768,375 | 1,659,120 | 1,523,402 | 1,948,860 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 121,335 | ||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -17,136 | ||||||||||||||
| Stock | |||||||||||||||
| Debtors | 874 | -30,803 | 30,803 | -442 | 237 | 205 | |||||||||
| Creditors | -10,485,995 | 7,286,146 | -146,776 | -109,255 | -136,160 | -159,305 | 3,751,345 | ||||||||
| Accruals and Deferred Income | -686 | -37,127 | -35,075 | 26,801 | 36,349 | -126,326 | 33,859 | 43,935 | 58,270 | ||||||
| Deferred Taxes & Provisions | -1,385,691 | 1,113,000 | 520,917 | 259,101 | 2,744,480 | ||||||||||
| Cash flow from operations | 3,855,339 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -5,542,761 | 2,906,279 | 6,846,011 | 6,570,471 | 7,405,000 | -585,000 | 5,700,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -7,169 | 301,216 | 403,823 | 416,687 | -216,989 | 7,079 | -564,959 | 6,407,064 | 10,198,669 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -15,744 | ||||||||||||||
| cash flow from financing | 1,844,661 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
glasshouse property rentals limited Credit Report and Business Information
Glasshouse Property Rentals Limited Competitor Analysis
Perform a competitor analysis for glasshouse property rentals limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
glasshouse property rentals limited Ownership
GLASSHOUSE PROPERTY RENTALS LIMITED group structure
Glasshouse Property Rentals Limited has no subsidiary companies.
Ultimate parent company
1 parent
GLASSHOUSE PROPERTY RENTALS LIMITED
03727558
glasshouse property rentals limited directors
Glasshouse Property Rentals Limited currently has 3 directors. The longest serving directors include Mr Daniel Bixer (Mar 1999) and Mr David Nicholson (Mar 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Bixer | 69 years | Mar 1999 | - | Director | |
| Mr David Nicholson | England | 60 years | Mar 1999 | - | Director |
| Mr Lewis Bixer | 27 years | Dec 2021 | - | Director |
P&L
December 2023turnover
608.2k
+9%
operating profit
11.6k
0%
gross margin
70.8%
+0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
-0.57%
total assets
23.3m
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
glasshouse property rentals limited company details
company number
03727558
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
glasshouse residential lettings limited (June 2016)
netbudget limited (July 1999)
accountant
BEAK KEMMENOE
auditor
-
address
362 lauderdale tower, barbican, london, EC2Y 8NA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
glasshouse property rentals 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 52 charges/mortgages relating to glasshouse property rentals limited. Currently there are 26 open charges and 26 have been satisfied in the past.
glasshouse property rentals 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 GLASSHOUSE PROPERTY RENTALS LIMITED. This can take several minutes, an email will notify you when this has completed.
glasshouse property rentals limited Companies House Filings - See Documents
| date | description | view/download |
|---|
