euro glass limited

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euro glass limited Company Information

Share EURO GLASS LIMITED

Company Number

05037062

Directors

Rupa Kara

Jenna Kara

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Shareholders

euros group ltd

Group Structure

View All

Industry

Glazing

 

Registered Address

713a north circular road, london, NW2 7AX

euro glass limited Estimated Valuation

£123.2k

Pomanda estimates the enterprise value of EURO GLASS LIMITED at £123.2k based on a Turnover of £362.1k and 0.34x industry multiple (adjusted for size and gross margin).

euro glass limited Estimated Valuation

£19.9k

Pomanda estimates the enterprise value of EURO GLASS LIMITED at £19.9k based on an EBITDA of £5.2k and a 3.83x industry multiple (adjusted for size and gross margin).

euro glass limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of EURO GLASS LIMITED at £1.4m based on Net Assets of £623.2k and 2.29x industry multiple (adjusted for liquidity).

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Euro Glass Limited Overview

Euro Glass Limited is a live company located in london, NW2 7AX with a Companies House number of 05037062. It operates in the glazing sector, SIC Code 43342. Founded in February 2004, it's largest shareholder is euros group ltd with a 100% stake. Euro Glass Limited is a mature, micro sized company, Pomanda has estimated its turnover at £362.1k with declining growth in recent years.

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Euro Glass Limited Health Check

Pomanda's financial health check has awarded Euro Glass Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £362.1k, make it smaller than the average company (£561.8k)

£362.1k - Euro Glass Limited

£561.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (11.1%)

-5% - Euro Glass Limited

11.1% - Industry AVG

production

Production

with a gross margin of 30.8%, this company has a comparable cost of product (30.8%)

30.8% - Euro Glass Limited

30.8% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (5.3%)

-0.2% - Euro Glass Limited

5.3% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (5)

4 - Euro Glass Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Euro Glass Limited

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.5k, this is less efficient (£121.6k)

£90.5k - Euro Glass Limited

£121.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is earlier than average (46 days)

28 days - Euro Glass Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (35 days)

26 days - Euro Glass Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 101 days, this is more than average (19 days)

101 days - Euro Glass Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 692 weeks, this is more cash available to meet short term requirements (14 weeks)

692 weeks - Euro Glass Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (64.2%)

6.9% - Euro Glass Limited

64.2% - Industry AVG

EURO GLASS LIMITED financials

EXPORTms excel logo

Euro Glass Limited's latest turnover from March 2024 is estimated at £362.1 thousand and the company has net assets of £623.2 thousand. According to their latest financial statements, Euro Glass Limited has 4 employees and maintains cash reserves of £550.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover362,099345,989441,893426,564824,381499,726361,902439,573466,418845,9511,891,474896,661580,391716,6241,032,078
Other Income Or Grants
Cost Of Sales250,536240,620310,977313,248584,922356,764250,762290,598313,845531,9411,188,776581,943370,269448,225645,300
Gross Profit111,563105,370130,916113,316239,458142,962111,140148,975152,573314,010702,698314,719210,122268,398386,778
Admin Expenses112,258117,062191,63281,14291,47669,699316-13,414162,546238,817646,924308,736212,037345,22691,773
Operating Profit-695-11,692-60,71632,174147,98273,263110,824162,389-9,97375,19355,7745,983-1,915-76,828295,005
Interest Payable4,6154,615
Interest Receivable28,33622,5742,906126211,7091,93852725689471309795
Pre-Tax Profit27,64110,883-57,81032,300148,00474,972112,762162,916-14,33270,66755,8216,113-1,818-76,819295,010
Tax-6,910-2,068-6,137-28,121-14,245-21,425-32,583-14,840-12,839-1,467-82,603
Profit After Tax20,7318,815-57,81026,163119,88360,72791,337130,333-14,33255,82742,9824,646-1,818-76,819212,407
Dividends Paid
Retained Profit20,7318,815-57,81026,163119,88360,72791,337130,333-14,33255,82742,9824,646-1,818-76,819212,407
Employee Costs121,45185,48783,38677,058215,173229,783164,589265,890212,086250,559524,211293,346185,374222,550281,797
Number Of Employees4333886108919117912
EBITDA*5,187-3,976-54,85839,795153,42777,727116,408163,110-9,04076,40657,3538,0461,033-72,958299,238

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets19,08624,96819,84825,70619,88717,83222,2962,5053,2264,1595,3726,9519,77212,72013,140
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets19,08624,96819,84825,70619,88717,83222,2962,5053,2264,1595,3726,9519,77212,72013,140
Stock & work in progress69,79585,51971,923127,518109,90066,87738,02338,34144,73657,05127,95028,66027,22332,67622,227
Trade Debtors28,36414,88951,14419,16815,10022,14313,24349,228128,504365,802136,60194,263125,128116,970
Group Debtors271,814547,526421,79026,276217,540282,951121,851
Misc Debtors1,6384,811374587
Cash550,361529,121533,206241,76711,18131,610424,032351,07170,42431,9033,66615,10637,0121,7281,881
misc current assets1,6923,700
total current assets650,158634,340656,647660,854668,607535,377484,198428,931383,620504,109397,418180,367158,498159,532262,929
total assets669,244659,308676,495686,560688,494553,209506,494431,436386,846508,268402,790187,318168,270172,252276,069
Bank overdraft
Bank loan
Trade Creditors 17,92738,29262,56116,08417,13317,83723,63924,45518,07296,966110,63847,90433,04734,68461,713
Group/Directors Accounts11,1245,17510,0002,8528,2105,460141,985
other short term finances
hp & lease commitments
other current liabilities12,2497,15817,40115,21032,42623,88425,92047,9173,58231,491
total current liabilities41,30050,62579,96231,29459,55944,57357,76977,832163,639128,457110,63847,90433,04734,68461,713
loans141,985
hp & lease commitments
Accruals and Deferred Income
other liabilities109,985
provisions4,7726,2422,9073,8303,6623,2464,0622782145016698981,3531,8801,849
total long term liabilities4,7726,2422,9073,8303,6623,2464,062278214142,486110,6548981,3531,8801,849
total liabilities46,07256,86782,86935,12463,22147,81961,83178,110163,853270,943221,29248,80234,40036,56463,562
net assets623,172602,441593,626651,436625,273505,390444,663353,326222,993237,325181,498138,516133,870135,688212,507
total shareholders funds623,172602,441593,626651,436625,273505,390444,663353,326222,993237,325181,498138,516133,870135,688212,507
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-695-11,692-60,71632,174147,98273,263110,824162,389-9,97375,19355,7745,983-1,915-76,828295,005
Depreciation5,8827,7165,8587,6215,4454,4645,5847219331,2131,5792,0632,9483,8704,233
Amortisation
Tax-6,910-2,068-6,137-28,121-14,245-21,425-32,583-14,840-12,839-1,467-82,603
Stock-15,72413,596-55,59517,61843,02328,854-318-6,395-12,31529,101-7101,437-5,45310,44922,227
Debtors10,302-31,818-240,051-255,957110,636414,747-17,376-227,249-144,68745,653229,20142,338-30,865-113,693238,821
Creditors-20,365-24,26946,477-1,049-704-5,802-8166,383-78,894-13,67262,73414,857-1,637-27,02961,713
Accruals and Deferred Income5,091-10,2432,191-17,2168,542-2,036-21,99744,335-27,90931,491
Deferred Taxes & Provisions-1,4703,335-923168416-8163,78464-287-168-229-455-527311,849
Cash flow from operations-13,045-18,999288,533253,900-20,099-388,77393,648414,95340,8724,463-121,472-22,79435,1873,28819,149
Investing Activities
capital expenditure-12,836-13,440-7,500-25,375758-3,450-17,373
Change in Investments
cash flow from investments-12,836-13,440-7,500-25,375758-3,450-17,373
Financing Activities
Bank loans
Group/Directors Accounts5,9495,175-10,0007,148-5,3582,750-136,525141,985
Other Short Term Loans
Long term loans-141,985141,985
Hire Purchase and Lease Commitments
other long term liabilities-109,985109,985
share issue100
interest28,33622,5742,906126211,7091,938527-4,359-4,526471309795
cash flow from financing34,28527,7492,906-9,8747,169-3,6494,688-135,998-4,35927,474110,032130979105
cash and cash equivalents
cash21,240-4,085291,439230,586-20,429-392,42272,961280,64738,52128,237-11,440-21,90635,284-1531,881
overdraft
change in cash21,240-4,085291,439230,586-20,429-392,42272,961280,64738,52128,237-11,440-21,90635,284-1531,881

euro glass 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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Euro Glass Limited Competitor Analysis

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Perform a competitor analysis for euro glass limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NW2 area or any other competitors across 12 key performance metrics.

euro glass limited Ownership

EURO GLASS LIMITED group structure

Euro Glass Limited has no subsidiary companies.

Ultimate parent company

2 parents

EURO GLASS LIMITED

05037062

EURO GLASS LIMITED Shareholders

euros group ltd 100%

euro glass limited directors

Euro Glass Limited currently has 3 directors. The longest serving directors include Miss Rupa Kara (Feb 2017) and Miss Jenna Kara (Feb 2017).

officercountryagestartendrole
Miss Rupa Kara31 years Feb 2017- Director
Miss Jenna Kara35 years Feb 2017- Director
Miss Tina KaraEngland41 years Feb 2017- Director

P&L

March 2024

turnover

362.1k

+5%

operating profit

-695.1

0%

gross margin

30.9%

+1.17%

turnover

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

Balance Sheet

March 2024

net assets

623.2k

+0.03%

total assets

669.2k

+0.02%

cash

550.4k

+0.04%

net assets

Total assets minus all liabilities

euro glass limited company details

company number

05037062

Type

Private limited with Share Capital

industry

43342 - Glazing

incorporation date

February 2004

age

21

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

STERLING

auditor

-

address

713a north circular road, london, NW2 7AX

Bank

BARCLAYS BANK PLC

Legal Advisor

-

euro glass 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 euro glass limited.

euro glass 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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euro glass limited Companies House Filings - See Documents

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