glen water limited Company Information
Company Number
05630642
Next Accounts
Dec 2025
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
Website
www.glenwater.co.ukglen water limited Estimated Valuation
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
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
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).
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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
5 Strong
2 Regular
3 Weak
Size
annual sales of £34.6m, make it larger than the average company (£10m)
£34.6m - Glen Water Limited
£10m - Industry AVG
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
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
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
with 206 employees, this is above the industry average (55)
- Glen Water Limited
55 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Glen Water Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £168.1k, this is equally as efficient (£170.6k)
- Glen Water Limited
£170.6k - Industry AVG
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
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
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glen Water Limited
- - Industry AVG
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
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
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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 34,621,000 | 28,636,000 | 26,963,000 | 29,183,000 | 28,734,000 | 26,488,000 | 26,975,000 | 26,063,000 | 28,933,000 | 29,646,000 | 26,111,000 | 24,592,000 | 23,085,000 | 24,868,000 | 16,482,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Cost Of Sales | 23,823,000 | 21,167,000 | 21,315,000 | 20,081,000 | 19,891,000 | 19,707,000 | 18,994,000 | 19,640,000 | 15,820,000 | ||||||
Gross Profit | 10,798,000 | 7,469,000 | 5,648,000 | 9,102,000 | 8,843,000 | 6,781,000 | 7,981,000 | 6,423,000 | 7,265,000 | ||||||
Admin Expenses | 368,000 | 259,000 | 380,000 | 534,000 | 61,000 | 72,000 | 51,000 | 68,000 | 132,000 | ||||||
Operating Profit | 10,430,000 | 7,210,000 | 5,268,000 | 8,568,000 | 8,782,000 | 6,709,000 | 7,930,000 | 6,355,000 | 7,825,000 | 7,087,000 | 10,863,000 | 7,300,000 | 7,133,000 | 5,908,000 | 5,637,000 |
Interest Payable | 6,643,000 | 6,996,000 | 7,348,000 | 7,624,000 | 7,994,000 | 8,074,000 | 8,246,000 | 8,369,000 | 8,564,000 | 8,737,000 | 9,116,000 | 9,484,000 | 9,722,000 | 9,676,000 | 9,230,000 |
Interest Receivable | 1,228,000 | 830,000 | 359,000 | 296,000 | 168,000 | 131,000 | 249,000 | 129,000 | 150,000 | 157,000 | 160,000 | 228,000 | 153,000 | 101,000 | 0 |
Pre-Tax Profit | 5,015,000 | 1,044,000 | -1,721,000 | 1,240,000 | 956,000 | -1,234,000 | -67,000 | -1,885,000 | -589,000 | -1,493,000 | 1,907,000 | -1,956,000 | -2,436,000 | -3,667,000 | -3,500,000 |
Tax | -1,484,000 | -501,000 | -469,000 | -509,000 | -233,000 | 112,000 | -120,000 | 393,000 | 243,000 | 270,000 | -318,000 | 426,000 | -126,000 | 787,000 | 916,000 |
Profit After Tax | 3,531,000 | 543,000 | -2,190,000 | 731,000 | 723,000 | -1,122,000 | -187,000 | -1,492,000 | -346,000 | -1,223,000 | 1,589,000 | -1,530,000 | -2,562,000 | -2,880,000 | -2,584,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 3,531,000 | 543,000 | -2,190,000 | 731,000 | 723,000 | -1,122,000 | -187,000 | -1,492,000 | -346,000 | -1,223,000 | 1,589,000 | -1,530,000 | -2,562,000 | -2,880,000 | -2,584,000 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | |||||||||||||||
EBITDA* | 18,626,000 | 15,235,000 | 13,265,000 | 16,311,000 | 16,412,000 | 14,416,000 | 15,754,000 | 13,906,000 | 15,284,000 | 14,579,000 | 18,311,000 | 14,700,000 | 14,472,000 | 13,126,000 | 10,290,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 52,750,000 | 58,759,000 | 65,859,000 | 72,356,000 | 77,039,000 | 82,908,000 | 88,017,000 | 93,156,000 | 97,568,000 | 103,831,000 | 111,118,000 | 118,375,000 | 123,097,000 | 129,233,000 | 135,899,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 52,750,000 | 58,759,000 | 65,859,000 | 72,356,000 | 77,039,000 | 82,908,000 | 88,017,000 | 93,156,000 | 97,568,000 | 103,831,000 | 111,118,000 | 118,375,000 | 123,097,000 | 129,233,000 | 135,899,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 3,039,000 | 2,065,000 | 2,387,000 | 2,466,000 | 5,000,000 | 5,114,000 | 4,653,000 | 4,556,000 | 4,354,000 | 3,773,000 | 4,160,000 | 4,129,000 | 8,382,000 | 7,165,000 | 1,636,000 |
Group Debtors | 1,000 | 1,000 | 2,000 | 28,000 | 2,000 | 13,000 | 40,000 | 0 | 788,000 | 40,000 | 39,000 | 40,000 | 2,620,000 | 1,806,000 | 5,279,000 |
Misc Debtors | 16,014,000 | 14,727,000 | 14,849,000 | 4,038,000 | 2,637,000 | 2,855,000 | 2,993,000 | 4,103,000 | 4,424,000 | 4,966,000 | 191,000 | 167,000 | 476,000 | 2,561,000 | 2,927,000 |
Cash | 1,007,000 | 3,470,000 | 25,651,000 | 27,733,000 | 26,619,000 | 24,859,000 | 24,494,000 | 24,328,000 | 24,238,000 | 25,012,000 | 21,394,000 | 22,154,000 | 17,877,000 | 18,331,000 | 11,213,000 |
misc current assets | 29,327,000 | 24,247,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 49,388,000 | 44,510,000 | 42,889,000 | 34,265,000 | 34,258,000 | 32,841,000 | 32,180,000 | 32,987,000 | 33,804,000 | 33,791,000 | 25,784,000 | 26,490,000 | 29,355,000 | 29,863,000 | 21,055,000 |
total assets | 102,138,000 | 103,269,000 | 108,748,000 | 106,621,000 | 111,297,000 | 115,749,000 | 120,197,000 | 126,143,000 | 131,372,000 | 137,622,000 | 136,902,000 | 144,865,000 | 152,452,000 | 159,096,000 | 156,954,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 8,231,000 | 8,719,000 | 8,055,000 | 7,579,000 | 6,772,000 | 6,158,000 | 5,367,000 | 109,597,000 | 4,808,000 | 4,739,000 | 4,235,000 | 3,607,000 | 2,952,000 | 2,147,000 | 523,000 |
Trade Creditors | 47,000 | 39,000 | 18,000 | 101,000 | 31,000 | 27,000 | 120,000 | 58,000 | 465,000 | 237,000 | 15,000 | 148,000 | 94,000 | 61,000 | 19,000 |
Group/Directors Accounts | 2,361,000 | 2,049,000 | 2,109,000 | 2,873,000 | 2,876,000 | 3,761,000 | 2,768,000 | 3,413,000 | 2,593,000 | 4,314,000 | 2,100,000 | 3,386,000 | 6,318,000 | 10,314,000 | 5,856,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 353,000 | 323,000 | 1,929,000 | 904,000 | 0 | 237,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 4,890,000 | 2,274,000 | 2,814,000 | 2,176,000 | 2,066,000 | 2,089,000 | 2,327,000 | 2,426,000 | 2,587,000 | 2,707,000 | 3,136,000 | 3,257,000 | 2,965,000 | 3,733,000 | 4,054,000 |
total current liabilities | 15,529,000 | 13,081,000 | 12,996,000 | 12,729,000 | 11,745,000 | 12,035,000 | 10,582,000 | 115,494,000 | 10,453,000 | 12,350,000 | 9,809,000 | 12,327,000 | 13,233,000 | 16,255,000 | 10,689,000 |
loans | 95,084,000 | 103,253,000 | 106,784,000 | 121,663,000 | 132,676,000 | 137,513,000 | 143,462,000 | 49,970,000 | 159,498,000 | 163,230,000 | 132,428,000 | 139,780,000 | 145,255,000 | 149,108,000 | 149,652,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 11,344,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 3,651,000 | 3,232,000 | 750,000 | 750,000 | 750,000 | 750,000 | 750,000 | 750,000 | 750,000 | 750,000 | 3,435,000 | 3,117,000 | 2,793,000 | 0 | 0 |
total long term liabilities | 98,735,000 | 106,485,000 | 118,878,000 | 122,413,000 | 133,426,000 | 138,263,000 | 144,212,000 | 50,720,000 | 160,248,000 | 163,980,000 | 135,863,000 | 142,897,000 | 148,048,000 | 149,108,000 | 149,652,000 |
total liabilities | 114,264,000 | 119,566,000 | 131,874,000 | 135,142,000 | 145,171,000 | 150,298,000 | 154,794,000 | 166,214,000 | 170,701,000 | 176,330,000 | 145,672,000 | 155,224,000 | 161,281,000 | 165,363,000 | 160,341,000 |
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 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 10,430,000 | 7,210,000 | 5,268,000 | 8,568,000 | 8,782,000 | 6,709,000 | 7,930,000 | 6,355,000 | 7,825,000 | 7,087,000 | 10,863,000 | 7,300,000 | 7,133,000 | 5,908,000 | 5,637,000 |
Depreciation | 8,196,000 | 8,025,000 | 7,997,000 | 7,743,000 | 7,630,000 | 7,707,000 | 7,824,000 | 7,551,000 | 7,459,000 | 7,492,000 | 7,448,000 | 7,400,000 | 7,339,000 | 7,218,000 | 4,653,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -1,484,000 | -501,000 | -469,000 | -509,000 | -233,000 | 112,000 | -120,000 | 393,000 | 243,000 | 270,000 | -318,000 | 426,000 | -126,000 | 787,000 | 916,000 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 2,261,000 | -445,000 | 10,706,000 | -1,107,000 | -343,000 | 296,000 | -973,000 | -907,000 | 787,000 | 4,389,000 | 54,000 | -7,142,000 | -54,000 | 1,690,000 | 9,842,000 |
Creditors | 8,000 | 21,000 | -83,000 | 70,000 | 4,000 | -93,000 | 62,000 | -407,000 | 228,000 | 222,000 | -133,000 | 54,000 | 33,000 | 42,000 | 19,000 |
Accruals and Deferred Income | 2,616,000 | -11,884,000 | 11,982,000 | 110,000 | -23,000 | -238,000 | -99,000 | -161,000 | -120,000 | -429,000 | -121,000 | 292,000 | -768,000 | -321,000 | 4,054,000 |
Deferred Taxes & Provisions | 419,000 | 2,482,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,685,000 | 318,000 | 324,000 | 2,793,000 | 0 | 0 |
Cash flow from operations | 17,924,000 | 5,798,000 | 13,989,000 | 17,089,000 | 16,503,000 | 13,901,000 | 16,570,000 | 14,638,000 | 14,848,000 | 7,568,000 | 18,003,000 | 22,938,000 | 16,458,000 | 11,944,000 | 5,437,000 |
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | -2,625,000 | -2,718,000 | -2,909,000 | -1,196,000 | -205,000 | -191,000 | -72,000 | -1,204,000 | -552,000 | 0 |
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 0 | -2,625,000 | -2,718,000 | -2,909,000 | -1,196,000 | -205,000 | -191,000 | -72,000 | -1,204,000 | -552,000 | 0 |
Financing Activities | |||||||||||||||
Bank loans | -488,000 | 664,000 | 476,000 | 807,000 | 614,000 | 791,000 | -104,230,000 | 104,789,000 | 69,000 | 504,000 | 628,000 | 655,000 | 805,000 | 1,624,000 | 523,000 |
Group/Directors Accounts | 312,000 | -60,000 | -764,000 | -3,000 | -885,000 | 993,000 | -645,000 | 820,000 | -1,721,000 | 2,214,000 | -1,286,000 | -2,932,000 | -3,996,000 | 4,458,000 | 5,856,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -353,000 | 30,000 | -1,606,000 | 1,025,000 | 904,000 | -237,000 | 237,000 |
Long term loans | -8,169,000 | -3,531,000 | -14,879,000 | -11,013,000 | -4,837,000 | -5,949,000 | 93,492,000 | -109,528,000 | -3,732,000 | 30,802,000 | -7,352,000 | -5,475,000 | -3,853,000 | -544,000 | 149,652,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
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 | -4,274,000 | 146,235,000 |
cash and cash equivalents | |||||||||||||||
cash | -2,463,000 | -22,181,000 | -2,082,000 | 1,114,000 | 1,760,000 | 365,000 | 166,000 | 90,000 | -774,000 | 3,618,000 | -760,000 | 4,277,000 | -454,000 | 7,118,000 | 11,213,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -2,463,000 | -22,181,000 | -2,082,000 | 1,114,000 | 1,760,000 | 365,000 | 166,000 | 90,000 | -774,000 | 3,618,000 | -760,000 | 4,277,000 | -454,000 | 7,118,000 | 11,213,000 |
glen water limited Credit Report and Business Information
Glen Water Limited Competitor Analysis
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.
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Sinead Patton | England | 49 years | Jan 2018 | - | Director |
Mr Colin Anderson | United Kingdom | 61 years | Dec 2018 | - | Director |
Mr Anthony McKenna | Scotland | 59 years | Dec 2019 | - | Director |
Mr Alan Ritchie | England | 57 years | Mar 2023 | - | Director |
P&L
March 2024turnover
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 2024net 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
date | description | view/download |
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