glyncastle plc
glyncastle plc Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
c/o cork gully llp 6 snow hill, london, EC1A 2AY
Website
unitymine.co.ukglyncastle plc Estimated Valuation
Pomanda estimates the enterprise value of GLYNCASTLE PLC at £4.6m based on a Turnover of £6.7m and 0.68x industry multiple (adjusted for size and gross margin).
glyncastle plc Estimated Valuation
Pomanda estimates the enterprise value of GLYNCASTLE PLC at £0 based on an EBITDA of £-460.4k and a 4.98x industry multiple (adjusted for size and gross margin).
glyncastle plc Estimated Valuation
Pomanda estimates the enterprise value of GLYNCASTLE PLC at £39.4m based on Net Assets of £18.5m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glyncastle Plc Overview
Glyncastle Plc is a live company located in london, EC1A 2AY with a Companies House number of 05352542. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2005, it's largest shareholder is unknown. Glyncastle Plc is a mature, mid sized company, Pomanda has estimated its turnover at £6.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Glyncastle Plc Health Check
Pomanda's financial health check has awarded Glyncastle Plc a 2 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £6.7m, make it larger than the average company (£1.2m)
£6.7m - Glyncastle Plc
£1.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Glyncastle Plc
- - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (37.6%)
43.1% - Glyncastle Plc
37.6% - Industry AVG
Profitability
an operating margin of -20% make it less profitable than the average company (7.3%)
-20% - Glyncastle Plc
7.3% - Industry AVG
Employees
with 173 employees, this is above the industry average (27)
173 - Glyncastle Plc
27 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has a higher pay structure (£36.9k)
£45.1k - Glyncastle Plc
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £38.7k, this is less efficient (£133k)
£38.7k - Glyncastle Plc
£133k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (41 days)
38 days - Glyncastle Plc
41 days - Industry AVG
Creditor Days
its suppliers are paid after 507 days, this is slower than average (36 days)
507 days - Glyncastle Plc
36 days - Industry AVG
Stock Days
it holds stock equivalent to 127 days, this is more than average (31 days)
127 days - Glyncastle Plc
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Glyncastle Plc
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.8%, this is a higher level of debt than the average (71.8%)
80.8% - Glyncastle Plc
71.8% - Industry AVG
GLYNCASTLE PLC financials
Glyncastle Plc's latest turnover from June 2012 is £6.7 million and the company has net assets of £18.5 million. According to their latest financial statements, Glyncastle Plc has 173 employees and maintains cash reserves of £232.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|
| Turnover | 6,692,393 | 1,509,343 | 28,745 |
| Other Income Or Grants | |||
| Cost Of Sales | 3,806,454 | 1,890,791 | 179,712 |
| Gross Profit | 2,885,939 | -381,448 | -150,967 |
| Admin Expenses | 4,221,779 | 3,072,868 | 2,062,538 |
| Operating Profit | -1,335,840 | -3,454,316 | -2,213,505 |
| Interest Payable | 992,517 | 3,393,567 | 622,654 |
| Interest Receivable | 17,370 | 12,164 | 173 |
| Pre-Tax Profit | -2,278,060 | -7,975,369 | -5,805,859 |
| Tax | |||
| Profit After Tax | -2,278,060 | -7,975,369 | -5,805,859 |
| Dividends Paid | |||
| Retained Profit | -2,278,060 | -7,975,369 | -5,805,859 |
| Employee Costs | 7,795,866 | 5,584,817 | 4,291,890 |
| Number Of Employees | 173 | 133 | 112 |
| EBITDA* | -460,362 | -2,760,882 | -1,660,973 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|
| Tangible Assets | 89,447,314 | 49,685,593 | 25,996,886 |
| Intangible Assets | 2,185,554 | 2,032,061 | 1,634,101 |
| Investments & Other | 1,008,693 | 975,766 | 1,254,566 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 92,641,561 | 52,693,420 | 28,885,553 |
| Stock & work in progress | 1,331,387 | 935,400 | 658,278 |
| Trade Debtors | 705,163 | 195,098 | 9,014 |
| Group Debtors | |||
| Misc Debtors | 1,532,838 | 1,646,119 | 336,756 |
| Cash | 232,585 | 20,513,082 | 4,814,119 |
| misc current assets | 2,570 | ||
| total current assets | 3,801,973 | 23,289,699 | 5,820,737 |
| total assets | 96,443,534 | 75,983,119 | 34,706,290 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 5,295,311 | 3,882,213 | 1,198,802 |
| Group/Directors Accounts | 24,127,118 | 13,169 | 1,490 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 3,052,337 | 3,069,370 | 1,269,459 |
| total current liabilities | 32,474,766 | 6,964,752 | 2,469,751 |
| loans | 45,152,002 | 48,059,093 | 17,714,945 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 1,401 | 46,655 | 45,196 |
| provisions | 325,245 | 324,439 | 82,920 |
| total long term liabilities | 45,478,648 | 48,430,187 | 17,843,061 |
| total liabilities | 77,953,414 | 55,394,939 | 20,312,812 |
| net assets | 18,490,120 | 20,588,180 | 14,393,478 |
| total shareholders funds | 18,490,120 | 20,588,180 | 14,393,478 |
| Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -1,335,840 | -3,454,316 | -2,213,505 |
| Depreciation | 776,971 | 594,380 | 453,478 |
| Amortisation | 98,507 | 99,054 | 99,054 |
| Tax | |||
| Stock | 395,987 | 277,122 | 658,278 |
| Debtors | 396,784 | 1,495,447 | 345,770 |
| Creditors | 1,413,098 | 2,683,411 | 1,198,802 |
| Accruals and Deferred Income | -17,033 | 1,799,911 | 1,269,459 |
| Deferred Taxes & Provisions | 806 | 241,519 | 82,920 |
| Cash flow from operations | 143,738 | 191,390 | -113,840 |
| Investing Activities | |||
| capital expenditure | -23,956,379 | -17,067,630 | -10,293,960 |
| Change in Investments | 32,927 | -278,800 | 1,254,566 |
| cash flow from investments | -23,989,306 | -16,788,830 | -11,548,526 |
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 24,113,949 | 11,679 | 1,490 |
| Other Short Term Loans | |||
| Long term loans | -2,907,091 | 30,344,148 | 17,714,945 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | -45,254 | 1,459 | 45,196 |
| share issue | |||
| interest | -975,147 | -3,381,403 | -622,481 |
| cash flow from financing | 20,366,457 | 41,145,954 | 37,338,487 |
| cash and cash equivalents | |||
| cash | -20,280,497 | 15,698,963 | 4,814,119 |
| overdraft | |||
| change in cash | -20,280,497 | 15,698,963 | 4,814,119 |
glyncastle plc Credit Report and Business Information
Glyncastle Plc Competitor Analysis
Perform a competitor analysis for glyncastle plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC1A area or any other competitors across 12 key performance metrics.
glyncastle plc Ownership
GLYNCASTLE PLC group structure
Glyncastle Plc has 1 subsidiary company.
glyncastle plc directors
Glyncastle Plc currently has 1 director, Mr Richard Nugent serving since Nov 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Nugent | 78 years | Nov 2010 | - | Director |
P&L
June 2012turnover
6.7m
+343%
operating profit
-1.3m
-61%
gross margin
43.2%
-270.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2012net assets
18.5m
-0.1%
total assets
96.4m
+0.27%
cash
232.6k
-0.99%
net assets
Total assets minus all liabilities
glyncastle plc company details
company number
05352542
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2005
age
20
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2012
previous names
unity power plc (June 2017)
chian resources plc (January 2007)
accountant
-
auditor
-
address
c/o cork gully llp 6 snow hill, london, EC1A 2AY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
glyncastle plc 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 4 charges/mortgages relating to glyncastle plc. Currently there are 4 open charges and 0 have been satisfied in the past.
glyncastle plc 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 GLYNCASTLE PLC. This can take several minutes, an email will notify you when this has completed.
glyncastle plc Companies House Filings - See Documents
| date | description | view/download |
|---|
