glugreen limited
glugreen limited Company Information
Company Number
04290149
Website
envirostik.comRegistered Address
79 caroline street, birmingham, B3 1UP
Industry
Manufacture of glues
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
robert john edge 40%
james morris-adams 25%
View Allglugreen limited Estimated Valuation
Pomanda estimates the enterprise value of GLUGREEN LIMITED at £1.5m based on a Turnover of £2.7m and 0.54x industry multiple (adjusted for size and gross margin).
glugreen limited Estimated Valuation
Pomanda estimates the enterprise value of GLUGREEN LIMITED at £911.4k based on an EBITDA of £250.4k and a 3.64x industry multiple (adjusted for size and gross margin).
glugreen limited Estimated Valuation
Pomanda estimates the enterprise value of GLUGREEN LIMITED at £1.1m based on Net Assets of £518.5k and 2.11x industry multiple (adjusted for liquidity).
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Glugreen Limited Overview
Glugreen Limited is a dissolved company that was located in birmingham, B3 1UP with a Companies House number of 04290149. It operated in the manufacture of glues sector, SIC Code 20520. Founded in September 2001, it's largest shareholder was robert john edge with a 40% stake. The last turnover for Glugreen Limited was estimated at £2.7m.
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Glugreen Limited Health Check
Pomanda's financial health check has awarded Glugreen Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£9.5m)
- Glugreen Limited
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (6.7%)
- Glugreen Limited
6.7% - Industry AVG
Production
with a gross margin of 22.9%, this company has a comparable cost of product (26.3%)
- Glugreen Limited
26.3% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (4.2%)
- Glugreen Limited
4.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (77)
- Glugreen Limited
77 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Glugreen Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £271k, this is more efficient (£203.9k)
- Glugreen Limited
£203.9k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (63 days)
- Glugreen Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (62 days)
- Glugreen Limited
62 days - Industry AVG
Stock Days
it holds stock equivalent to 94 days, this is more than average (56 days)
- Glugreen Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is more cash available to meet short term requirements (1 weeks)
6 weeks - Glugreen Limited
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a lower level of debt than the average (68%)
58.9% - Glugreen Limited
68% - Industry AVG
GLUGREEN LIMITED financials
Glugreen Limited's latest turnover from December 2013 is estimated at £2.7 million and the company has net assets of £518.5 thousand. According to their latest financial statements, we estimate that Glugreen Limited has 10 employees and maintains cash reserves of £90.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,500 | 7,000 | 14,000 | 20,000 | 21,200 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,500 | 7,000 | 14,000 | 20,000 | 21,200 |
| Stock & work in progress | 540,841 | 415,385 | 411,280 | 302,701 | 177,368 |
| Trade Debtors | 628,160 | 429,896 | 310,082 | 302,276 | 337,476 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 90,196 | 174,220 | 17,123 | 0 | 140,430 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,259,197 | 1,019,501 | 738,485 | 604,977 | 655,274 |
| total assets | 1,262,697 | 1,026,501 | 752,485 | 624,977 | 676,474 |
| Bank overdraft | 0 | 0 | 0 | 442 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 744,219 | 698,673 | 386,763 | 309,719 | 413,597 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 744,219 | 698,673 | 386,763 | 310,161 | 413,597 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 744,219 | 698,673 | 386,763 | 310,161 | 413,597 |
| net assets | 518,478 | 327,828 | 365,722 | 314,816 | 262,877 |
| total shareholders funds | 518,478 | 327,828 | 365,722 | 314,816 | 262,877 |
| Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,500 | 7,000 | 15,000 | 8,000 | 8,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 125,456 | 4,105 | 108,579 | 125,333 | 177,368 |
| Debtors | 198,264 | 119,814 | 7,806 | -35,200 | 337,476 |
| Creditors | 45,546 | 311,910 | 77,044 | -103,878 | 413,597 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -84,024 | 157,097 | 17,123 | -140,430 | 140,430 |
| overdraft | 0 | 0 | -442 | 442 | 0 |
| change in cash | -84,024 | 157,097 | 17,565 | -140,872 | 140,430 |
glugreen limited Credit Report and Business Information
Glugreen Limited Competitor Analysis
Perform a competitor analysis for glugreen limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glugreen limited Ownership
GLUGREEN LIMITED group structure
Glugreen Limited has no subsidiary companies.
Ultimate parent company
GLUGREEN LIMITED
04290149
glugreen limited directors
Glugreen Limited currently has 3 directors. The longest serving directors include Mr Michael Hughes (Sep 2001) and Mr James Morris Adams (Sep 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hughes | 78 years | Sep 2001 | - | Director | |
| Mr James Morris Adams | 80 years | Sep 2001 | - | Director | |
| Mr Robert Edge | 65 years | Sep 2001 | - | Director |
P&L
December 2013turnover
2.7m
+17%
operating profit
246.9k
0%
gross margin
22.9%
+6.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2013net assets
518.5k
+0.58%
total assets
1.3m
+0.23%
cash
90.2k
-0.48%
net assets
Total assets minus all liabilities
glugreen limited company details
company number
04290149
Type
Private limited with Share Capital
industry
20520 - Manufacture of glues
incorporation date
September 2001
age
23
accounts
Total Exemption Small
ultimate parent company
previous names
envirostik limited (February 2015)
incorporated
UK
address
79 caroline street, birmingham, B3 1UP
last accounts submitted
December 2013
glugreen 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 glugreen limited.
glugreen limited Companies House Filings - See Documents
| date | description | view/download |
|---|
