glen water limited

glen water limited Company Information

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Company Number

05630642

Industry

Remediation activities and other waste management services.

 

Construction of utility projects for fluids

 

Shareholders

glen water (holdings) ltd

Group Structure

View All

Contact

Registered Address

third floor broad quay house, prince street, bristol, BS1 4DJ

glen water limited Estimated Valuation

£32.2m

Pomanda estimates the enterprise value of GLEN WATER LIMITED at £32.2m based on a Turnover of £34.6m and 0.93x industry multiple (adjusted for size and gross margin).

glen water limited Estimated Valuation

£148.3m

Pomanda estimates the enterprise value of GLEN WATER LIMITED at £148.3m based on an EBITDA of £18.6m and a 7.96x industry multiple (adjusted for size and gross margin).

glen water limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GLEN WATER LIMITED at £0 based on Net Assets of £-12.1m and 2.39x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Glen Water Limited Overview

Glen Water Limited is a live company located in bristol, BS1 4DJ with a Companies House number of 05630642. It operates in the construction of utility projects for fluids sector, SIC Code 42210. Founded in November 2005, it's largest shareholder is glen water (holdings) ltd with a 100% stake. Glen Water Limited is a mature, large sized company, Pomanda has estimated its turnover at £34.6m with healthy growth in recent years.

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Glen Water Limited Health Check

Pomanda's financial health check has awarded Glen Water Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £34.6m, make it larger than the average company (£10m)

£34.6m - Glen Water Limited

£10m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5%)

6% - Glen Water Limited

5% - Industry AVG

production

Production

with a gross margin of 31.2%, this company has a lower cost of product (21.1%)

31.2% - Glen Water Limited

21.1% - Industry AVG

profitability

Profitability

an operating margin of 30.1% make it more profitable than the average company (4.3%)

30.1% - Glen Water Limited

4.3% - Industry AVG

employees

Employees

with 206 employees, this is above the industry average (55)

206 - Glen Water Limited

55 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Glen Water Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £168.1k, this is equally as efficient (£170.6k)

£168.1k - Glen Water Limited

£170.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (48 days)

32 days - Glen Water Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (36 days)

0 days - Glen Water Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Glen Water Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (6 weeks)

3 weeks - Glen Water Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 111.9%, this is a higher level of debt than the average (77%)

111.9% - Glen Water Limited

77% - Industry AVG

GLEN WATER LIMITED financials

EXPORTms excel logo

Glen Water Limited's latest turnover from March 2024 is £34.6 million and the company has net assets of -£12.1 million. According to their latest financial statements, we estimate that Glen Water Limited has 206 employees and maintains cash reserves of £1 million 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
Turnover34,621,00028,636,00026,963,00029,183,00028,734,00026,488,00026,975,00026,063,00028,933,00029,646,00026,111,00024,592,00023,085,00024,868,00016,482,000
Other Income Or Grants000000000000000
Cost Of Sales23,823,00021,167,00021,315,00020,081,00019,891,00019,707,00018,994,00019,640,00021,380,69521,768,85618,767,97417,108,58715,820,00017,159,30811,971,952
Gross Profit10,798,0007,469,0005,648,0009,102,0008,843,0006,781,0007,981,0006,423,0007,552,3057,877,1447,343,0267,483,4137,265,0007,708,6924,510,048
Admin Expenses368,000259,000380,000534,00061,00072,00051,00068,000-272,695790,144-3,519,974183,413132,0001,800,692-1,126,952
Operating Profit10,430,0007,210,0005,268,0008,568,0008,782,0006,709,0007,930,0006,355,0007,825,0007,087,00010,863,0007,300,0007,133,0005,908,0005,637,000
Interest Payable6,643,0006,996,0007,348,0007,624,0007,994,0008,074,0008,246,0008,369,0008,564,0008,737,0009,116,0009,484,0009,722,0009,676,0009,230,000
Interest Receivable1,228,000830,000359,000296,000168,000131,000249,000129,000150,000157,000160,000228,000153,000101,0000
Pre-Tax Profit5,015,0001,044,000-1,721,0001,240,000956,000-1,234,000-67,000-1,885,000-589,000-1,493,0001,907,000-1,956,000-2,436,000-3,667,000-3,500,000
Tax-1,484,000-501,000-469,000-509,000-233,000112,000-120,000393,000243,000270,000-318,000426,000-126,000787,000916,000
Profit After Tax3,531,000543,000-2,190,000731,000723,000-1,122,000-187,000-1,492,000-346,000-1,223,0001,589,000-1,530,000-2,562,000-2,880,000-2,584,000
Dividends Paid000000000000000
Retained Profit3,531,000543,000-2,190,000731,000723,000-1,122,000-187,000-1,492,000-346,000-1,223,0001,589,000-1,530,000-2,562,000-2,880,000-2,584,000
Employee Costs000000000000000
Number Of Employees206160163219163166179169180173159175184153116
EBITDA*18,626,00015,235,00013,265,00016,311,00016,412,00014,416,00015,754,00013,906,00015,284,00014,579,00018,311,00014,700,00014,472,00013,126,00010,290,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets52,750,00058,759,00065,859,00072,356,00077,039,00082,908,00088,017,00093,156,00097,568,000103,831,000111,118,000118,375,000123,097,000129,233,000135,899,000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets52,750,00058,759,00065,859,00072,356,00077,039,00082,908,00088,017,00093,156,00097,568,000103,831,000111,118,000118,375,000123,097,000129,233,000135,899,000
Stock & work in progress000000000000000
Trade Debtors3,039,0002,065,0002,387,0002,466,0005,000,0005,114,0004,653,0004,556,0004,354,0003,773,0004,160,0004,129,0008,382,0007,165,0001,636,000
Group Debtors1,0001,0002,00028,0002,00013,00040,0000788,00040,00039,00040,0002,620,0001,806,0005,279,000
Misc Debtors16,014,00014,727,00014,849,0004,038,0002,637,0002,855,0002,993,0004,103,0004,424,0004,966,000191,000167,000476,0002,561,0002,927,000
Cash1,007,0003,470,00025,651,00027,733,00026,619,00024,859,00024,494,00024,328,00024,238,00025,012,00021,394,00022,154,00017,877,00018,331,00011,213,000
misc current assets29,327,00024,247,0000000000000000
total current assets49,388,00044,510,00042,889,00034,265,00034,258,00032,841,00032,180,00032,987,00033,804,00033,791,00025,784,00026,490,00029,355,00029,863,00021,055,000
total assets102,138,000103,269,000108,748,000106,621,000111,297,000115,749,000120,197,000126,143,000131,372,000137,622,000136,902,000144,865,000152,452,000159,096,000156,954,000
Bank overdraft000000000000000
Bank loan8,231,0008,719,0008,055,0007,579,0006,772,0006,158,0005,367,000109,597,0004,808,0004,739,0004,235,0003,607,0002,952,0002,147,000523,000
Trade Creditors 47,00039,00018,000101,00031,00027,000120,00058,000465,000237,00015,000148,00094,00061,00019,000
Group/Directors Accounts2,361,0002,049,0002,109,0002,873,0002,876,0003,761,0002,768,0003,413,0002,593,0004,314,0002,100,0003,386,0006,318,00010,314,0005,856,000
other short term finances000000000353,000323,0001,929,000904,0000237,000
hp & lease commitments000000000000000
other current liabilities4,890,0002,274,0002,814,0002,176,0002,066,0002,089,0002,327,0002,426,0002,587,0002,707,0003,136,0003,257,0002,965,0003,733,0004,054,000
total current liabilities15,529,00013,081,00012,996,00012,729,00011,745,00012,035,00010,582,000115,494,00010,453,00012,350,0009,809,00012,327,00013,233,00016,255,00010,689,000
loans95,084,000103,253,000106,784,000121,663,000132,676,000137,513,000143,462,00049,970,000159,498,000163,230,000132,428,000139,780,000145,255,000149,108,000149,652,000
hp & lease commitments000000000000000
Accruals and Deferred Income0011,344,000000000000000
other liabilities000000000000000
provisions3,651,0003,232,000750,000750,000750,000750,000750,000750,000750,000750,0003,435,0003,117,0002,793,00000
total long term liabilities98,735,000106,485,000118,878,000122,413,000133,426,000138,263,000144,212,00050,720,000160,248,000163,980,000135,863,000142,897,000148,048,000149,108,000149,652,000
total liabilities114,264,000119,566,000131,874,000135,142,000145,171,000150,298,000154,794,000166,214,000170,701,000176,330,000145,672,000155,224,000161,281,000165,363,000160,341,000
net assets-12,126,000-16,297,000-23,126,000-28,521,000-33,874,000-34,549,000-34,597,000-40,071,000-39,329,000-38,708,000-8,770,000-10,359,000-8,829,000-6,267,000-3,387,000
total shareholders funds-12,126,000-16,297,000-23,126,000-28,521,000-33,874,000-34,549,000-34,597,000-40,071,000-39,329,000-38,708,000-8,770,000-10,359,000-8,829,000-6,267,000-3,387,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit10,430,0007,210,0005,268,0008,568,0008,782,0006,709,0007,930,0006,355,0007,825,0007,087,00010,863,0007,300,0007,133,0005,908,0005,637,000
Depreciation8,196,0008,025,0007,997,0007,743,0007,630,0007,707,0007,824,0007,551,0007,459,0007,492,0007,448,0007,400,0007,339,0007,218,0004,653,000
Amortisation000000000000000
Tax-1,484,000-501,000-469,000-509,000-233,000112,000-120,000393,000243,000270,000-318,000426,000-126,000787,000916,000
Stock000000000000000
Debtors2,261,000-445,00010,706,000-1,107,000-343,000296,000-973,000-907,000787,0004,389,00054,000-7,142,000-54,0001,690,0009,842,000
Creditors8,00021,000-83,00070,0004,000-93,00062,000-407,000228,000222,000-133,00054,00033,00042,00019,000
Accruals and Deferred Income2,616,000-11,884,00011,982,000110,000-23,000-238,000-99,000-161,000-120,000-429,000-121,000292,000-768,000-321,0004,054,000
Deferred Taxes & Provisions419,0002,482,0000000000-2,685,000318,000324,0002,793,00000
Cash flow from operations17,924,0005,798,00013,989,00017,089,00016,503,00013,901,00016,570,00014,638,00014,848,0007,568,00018,003,00022,938,00016,458,00011,944,0005,437,000
Investing Activities
capital expenditure00000-2,625,000-2,718,000-2,909,000-1,196,000-205,000-191,000-72,000-1,204,000-552,0000
Change in Investments000000000000000
cash flow from investments00000-2,625,000-2,718,000-2,909,000-1,196,000-205,000-191,000-72,000-1,204,000-552,0000
Financing Activities
Bank loans-488,000664,000476,000807,000614,000791,000-104,230,000104,789,00069,000504,000628,000655,000805,0001,624,000523,000
Group/Directors Accounts312,000-60,000-764,000-3,000-885,000993,000-645,000820,000-1,721,0002,214,000-1,286,000-2,932,000-3,996,0004,458,0005,856,000
Other Short Term Loans 00000000-353,00030,000-1,606,0001,025,000904,000-237,000237,000
Long term loans-8,169,000-3,531,000-14,879,000-11,013,000-4,837,000-5,949,00093,492,000-109,528,000-3,732,00030,802,000-7,352,000-5,475,000-3,853,000-544,000149,652,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue640,0006,286,0007,585,0004,622,000-48,0001,170,0005,661,000750,000-275,000-28,715,0000000-803,000
interest-5,415,000-6,166,000-6,989,000-7,328,000-7,826,000-7,943,000-7,997,000-8,240,000-8,414,000-8,580,000-8,956,000-9,256,000-9,569,000-9,575,000-9,230,000
cash flow from financing-13,120,000-2,807,000-14,571,000-12,915,000-12,982,000-10,938,000-13,719,000-11,409,000-14,426,000-3,745,000-18,572,000-15,983,000-15,709,000-4,274,000146,235,000
cash and cash equivalents
cash-2,463,000-22,181,000-2,082,0001,114,0001,760,000365,000166,00090,000-774,0003,618,000-760,0004,277,000-454,0007,118,00011,213,000
overdraft000000000000000
change in cash-2,463,000-22,181,000-2,082,0001,114,0001,760,000365,000166,00090,000-774,0003,618,000-760,0004,277,000-454,0007,118,00011,213,000

glen water 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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Glen Water Limited Competitor Analysis

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Perform a competitor analysis for glen water limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in BS1 area or any other competitors across 12 key performance metrics.

glen water limited Ownership

GLEN WATER LIMITED group structure

Glen Water Limited has no subsidiary companies.

Ultimate parent company

1 parent

GLEN WATER LIMITED

05630642

GLEN WATER LIMITED Shareholders

glen water (holdings) ltd 100%

glen water limited directors

Glen Water Limited currently has 4 directors. The longest serving directors include Ms Sinead Patton (Jan 2018) and Mr Colin Anderson (Dec 2018).

officercountryagestartendrole
Ms Sinead PattonEngland49 years Jan 2018- Director
Mr Colin AndersonUnited Kingdom61 years Dec 2018- Director
Mr Anthony McKennaScotland59 years Dec 2019- Director
Mr Alan RitchieEngland57 years Mar 2023- Director

P&L

March 2024

turnover

34.6m

+21%

operating profit

10.4m

+45%

gross margin

31.2%

+19.58%

turnover

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

Balance Sheet

March 2024

net assets

-12.1m

-0.26%

total assets

102.1m

-0.01%

cash

1m

-0.71%

net assets

Total assets minus all liabilities

glen water limited company details

company number

05630642

Type

Private limited with Share Capital

industry

39000 - Remediation activities and other waste management services.

42210 - Construction of utility projects for fluids

incorporation date

November 2005

age

20

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

continental shelf 357 limited (February 2006)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

third floor broad quay house, prince street, bristol, BS1 4DJ

Bank

BANK OF IRELAND

Legal Advisor

PINSENT MASONS LLP

glen water 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 3 charges/mortgages relating to glen water limited. Currently there are 2 open charges and 1 have been satisfied in the past.

glen water 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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glen water limited Companies House Filings - See Documents

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